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  • Squawk / 24 minutes ago
    Technical Analsyt / commoditymarket2008 Advisory Services
    India
    Spot Gold Has Support 1202, Hold Below Then 1196 & 1188 Possible And Has Resistance 1210, Above Holding Means 1216 & 1224 Easily Possible
    Read the Squawk
  • Squawk / 24 minutes ago
    Technical Analsyt / commoditymarket2008 Advisory Services
    India
    Spot Gold Has Support 1202, Hold Below Then 1196 & 1188 Possible And Has Resistance 1210, Above Holding Means 1216 & 1224 Easily Possible
    Read the Squawk
  • Squawk / Yesterday at 21:46 GMT
    Managing Director / Technical Research Limited
    New Zealand
    FOMC Chair Janet Yellen assured investors she was feeling their pain today while at the same time trying to sound upbeat enough to suggest the current market disruptions will soon blow over. The US stock market wasn’t impressed, giving back earlier gains to record a new closing low for the year. The US dollar was also under the gun again as Yellen said nothing to suggest it will get a boost from rate hikes any time in the next few months. From a technical perspective, it’s worth watching the USD Index tracing out a pattern similar to late 1998 – also a period of market turmoil.
    Read the Squawk
    6h
    Patto Patto
    Yes, I recall those 1997-98 days well Max. Emerging market turmoil, Russia and LTCM.
    6h
    Max McKegg Max McKegg
    Quite right Patto ! Yes I remember that time well. Extremely hectic trading period but fortunately one I managed to profit handsomely from all the same....
    5h
    fuad-forex fuad-forex
    This comment has been redacted
  • Squawk / Yesterday at 21:00 GMT
    -
    Italy
    March contract -1.88%, Apr contract -0.25%, May contract +1.43%, June Contract +1.45% (today's move) any idea??
    Read the Squawk
  • Squawk / Yesterday at 14:57 GMT
    CEO / Rhodium Master India
    India
    Its buy zone for WTI....27.15-65 for good return in short term....say 31.00 + $
    Read the Squawk
    7h
    ozy ozy
    Hi rhodium, why these contracts so different today? March contract -1.88%, Apr contract -0.25%, May contract +1.43%, June Contract +1.45%
    1h
    rhodium rhodium
    @itemus, yes definitely we are in the line....except a momentum move.
    1h
    rhodium rhodium
    @ Mr. Ozy....March Contract -1.88 % is a result of what traders see on screen....red across the board. ...
  • Editor’s Picks / Yesterday at 14:34 GMT

    Opec cuts forecasts for rivals in 2016

    CNBC
    The question of whether Opec will budge on its own production remains unsettled – the cartel has certainly made no move in that direction thus far – but a new forecast from the 12-member group sees its rivals' oil output falling over the next 12 months. According to the cartel, non-Opec production is expected to fall by 700,000 barrels/day in 2016, 40,000 b/d less than was called for in Opec's January forecast. The projected decline comes as low oil prices knock shale, tar sands and other such producers out of profitability, particularly in the US and Canada. Opec also noted that "positive projected growth in the US economy and continued healthy growth in the road transportation sector" will likely be reflected by marginally increased demand over the next 11 months.
    Read article on CNBC
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