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  • 1h
    carlosdemarch carlosdemarch
    thanks Ole
  • Article / Friday at 14:03 GMT

    WCU: Commodities higher on cocktail of dollar weakness and inflation

    Head of Commodity Strategy / Saxo Bank
    Denmark
    WCU: Commodities higher on cocktail of dollar weakness and inflation
    Renewed risk appetite led by the recovery in stocks globally, a weaker dollar and a rising inflation focus, supported a strong week for commodities with investors continuing to have an appetite for broad-based commodities funds. Gains were seen across most sectors with industrial metals on top ahead of the Chinese Lunar New Year holiday.
    Read the article
    3d
    matsuri matsuri
    so what the range for oil will be then?
    2d
    Ole Hansen Ole Hansen
    No change from our Q1 outlook: $60 to $70 on Brent
    2d
    iruman3 iruman3
    sir what's going on gold next weak...it more uptrend??
  • 09 February
    Ole Hansen Ole Hansen
    Thank you gents. Have a good one
    09 February
    carlosdemarch carlosdemarch
    Txs Ole
    12 February
    cinci cinci
    Hi Ole, thanks for all this.

    And why is there still such a strong backwardation esp in WTI -- when there is a risk of strong supply...
  • Squawk / 08 February 2018 at 11:58 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    The USDA will release its monthly supply/demand report for February later today at 1700 GMT. The grain sector has experienced a revival during the past few weeks with multiple weather scares both in South America and the US Midwest providing the three major crops with enough support to force the reduction of what up until recently was a record short fund position.
    US Inventory levels at the end of the 2017-18 marketing year which runs until August is expected to show a decline in corn and an increase in soybeans stock while wheat is unchanged on last month.
    Table with surveys and prior results attached.
    Read the Squawk
    09 February
    agris.be agris.be
    There's an invertion in your summary between soybean stocks and wheat stocks
    09 February
    Ole Hansen Ole Hansen
    This comment has been redacted
    09 February
    Ole Hansen Ole Hansen
    Result of yesterday's WASDE report. As agris.be pointed out the soybean and wheat world stocks had been switched around and now corrected below.
    Overall the price impact was...
  • Article / 05 February 2018 at 8:28 GMT

    COT: Funds cover grain shorts; crude oil longs cut – #SaxoStrats

    Head of Commodity Strategy / Saxo Bank
    Denmark
    COT: Funds cover grain shorts; crude oil longs cut – #SaxoStrats
    Strong buying in natural gas and heavy short-covering across the grain complex were the main drivers behind a 16% increase in bullish commodities bets held by funds in the week to January 30. Record longs in oil products while crude oil saw the first small reduction in six weeks. Gold buying continued for a 7th week albeit at a modest pace
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    05 February
    Logich Logich
    Any idea what triggered the spike in Copper today, Ole S. Hansen?
    05 February
    peter peter
    Short covering on coffee this time?
  • 05 February
    fxtime fxtime
    NFP data sadly doesn't truly reflect the economics of employed consumers predicament...in the 1950's the average USA employee absorbed 7% of gross wages for healthcare and currently...
    07 February
    Kay Van-Petersen Kay Van-Petersen
    fxtime, thx for the thoughts. Could not agree more... to be honest... I would have been more thrilled it it was Amazon, Tesla & other tech companies......
  • Article / 02 February 2018 at 14:30 GMT

    WCU: Commodities pause as US yield spike boosts the dollar

    Head of Commodity Strategy / Saxo Bank
    Denmark
    WCU: Commodities pause as US yield spike boosts the dollar
    Worldwide growth combined with rising inflation expectations, rising bond yields, and now lower equities have been a mixed blessing for commodities so far this year. The rally was paused after rising wage pressure in the US helped send the dollar higher while bonds and stocks moved lower
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    02 February
    lab lab
    The crypto market collapse is relevant to gold’s solid performance. Over last half 2017 crypto sucked out a large slice of speculative fiat-adverse money normally found in...
  • 29 January
    helicongrowth helicongrowth
    Well the VIX is well bid relative to equities, the MOVE index is moving up - how is FX vol ???
  • Article / 26 January 2018 at 13:52 GMT

    WCU: Commodities boosted by a fading dollar – #SaxoStrats

    Head of Commodity Strategy / Saxo Bank
    Denmark
    WCU: Commodities boosted by a fading dollar – #SaxoStrats
    Continued dollar weakness helped drive the Bloomberg Commodity Index to a 2½ year high with even the down-and-out agriculture sector showing signs of life. Conflicting views from the White House on the direction of the greenback helped trigger some profit taking but overall commodities continue to enjoy heightened investor interest.
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  • 22 January
    ashrafj1 ashrafj1
    Hi Ole what is your view for Cotton
    22 January
    matsuri matsuri
    the longer oil prices are high, the harder they will fall...I expect the WT to fall to range of 55-57 USD