All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • 17h
    chi2015 chi2015
    great stuff, learn by history or be destined to repeat it
  • Editor’s Picks / 02 June 2016 at 23:05 GMT

    Signs of oil rebound give Opec room to forgo a freeze

    Nikkei Asian Review
    Signs of an oil market recovery gave Opec room to forgo a freeze on output increases at its meeting on Thursday. But failure to agree on a quota policy indicates internal divisions that have yet to be bridged. The cartel's strategy has prioritized market share over keeping prices high. Though the price tumble resulting from this shift hurt the group, the plan looks to be paying off as shale oil producers and non-Opec nations trim output. Yet there is no guarantee that the cartel's strategy will remain viable. Rising crude prices could breathe new life into the shale oil industry, intensifying competition. That, along with the struggle to mend damaged ties within the group, could keep Opec on its toes despite the apparent recovery.
    Read article on Nikkei Asian Review
    Go to post
  • 30 May
    bparkes19 bparkes19
    This firm will close in 2018. Post your P&L on recommendation to prove me wrong! I dare you.
    30 May
    bparkes19 bparkes19
    Name that innovative European company. What is the name of that great Euro tech co? Volkswagen and Mercedes had to lie about emissions to compete. France strikes...
    30 May
    bparkes19 bparkes19
    Don't cry...but you will. Just like the flopping in soccer. The sport where effeminate me chase each other around.
  • Editor’s Picks / 26 May 2016 at 2:35 GMT

    Saudis take rearguard action to curb Iran's economic rise

    Bloomberg
    Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to reap its benefits. The kingdom is mobilizing its Gulf allies to make sure that Iran’s opening-up doesn’t go smoothly. Last month the Saudis scuttled a bid to stabilize crude prices because it would have allowed their bitter foe to grab a larger share of oil markets. It’s a rearguard action by the Saudis as the US reassesses its role in the Middle East and investors are drawn to Iran as the last untapped major frontier market. Still, there are other drags on doing business with Iran: European banks are reluctant to do business in the Islamic Republic for fear of possible US sanctions.
    Read article on Bloomberg
    Go to post
  • Article / 23 May 2016 at 2:25 GMT

    Morning Report APAC: Key global summits to impact oil, FX and bonds

    Trading Desk / Saxo Capital Markets
    Australia
    Morning Report APAC: Key global summits to impact oil, FX and bonds
    There's some key international meetings coming up that could commodity, bonds and forex affect markets: the G7 ministers get together in Japan later this week, while Opec is meeting next week. Meanwhile we take a close look at the implications of a yes vote in next month's EU membership referendum in the UK, in a new "Brexit" section.
    Read the article
  • Editor’s Picks / 12 May 2016 at 5:17 GMT

    Saudi output hike threat may derail Opec's price stability hopes

    Nikkei Asian Review
    Saudi Arabia is digging in its heels on using oil production hikes to protect its global market share, threatening to derail measures to stabilize petroleum prices up for discussion at Opec's June meeting. Saudi Arabia boasts relatively low production costs. Output increases there put pressure on nations with thinner margins. The latest rumblings are intended to rein in rivals such as Iran, which is clambering to grow production following the lifting of sanctions. The indications of a potential Saudi production increase are likely to create hurdles to adjusting output when Opec members meet. The group is expected to bring back to the table the freeze that failed to take hold in April. But momentum toward such a deal is slipping away.
    Read article on Nikkei Asian Review
    Go to post
  • 12 May
    Philidor Philidor
    I agree, in principle crude should be lower, but it's more important what the market says, than what I think! Just a few cents now would prove...
    12 May
    Valdis Valdis
    Another great call Michael! Thank you!
    13 May
    Michael O'Neill Michael O'Neill
    UPDATE: Lower the stop loss to break even and cancel the additional sell order.