All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • Squawk / Yesterday at 21:09 GMT
    -
    United Kingdom
    Thursday Sep29 #FX sentiment:
    #USDCHF ▼
    #AUDNZD ▲
    #AUDUSD ▲
    #GBPAUD ▼
    #MOFuturesFX
    Read the Squawk
  • Squawk / Yesterday at 19:30 GMT
    Trader, Analyst / Individual Trader
    Poland
    OPEC announces 32.5 BPD(May production) limit for oil production, down from 33.69 output at the end of August. At the first sight seems not to be a big deal. Market reaction, for now, rather mild.
    Price turned down around my level 47.10.

    Anyway, looks like we might be having new correlation:

    Falling USDJPY vs falling EURUSD, AUDUSD, before it was opposite. Even now we had a great evidence, OIL deal gave a risk-on with the above correlation in play, to reverse after a while.

    Sentiment might be now in the most serious risk-off mode, implying first JPY, second USD as a last shelter.

    Usually, when speaking about monetary policy divergence, USD was the only gainer/loser.

    What could cause this change?
    Read the Squawk
    8h
    yuiyui yuiyui
    even if the Russians eventually agree to a freeze, the US shale and Canadian sands wont. Saudi always slows production around this time anyways and we are...
  • 7h
    Dan Murray Dan Murray
    Thanks sinesio.

    Just moved my SL to 1.3115, locking in 115 pips of profit :)
    47m
    Dan Murray Dan Murray
    I just moved my SL to 1.3090, locking in 140 pips of profit.
  • Squawk / Yesterday at 14:38 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    As the doors have been closed on the informal Opec meeting in Algiers the EIA has released its weekly petroleum status report. US inventories dropped for a fourth consecutive week, this time by 1.9 M bbl against expectations of a rise.
    Imports and refinery activity both slowed while gasoline inventories rose by more than expected. The initial market reaction has been negative with gasoline falling by more than 2%.
    Read the Squawk
    9h
    fxtime fxtime
    Agree it is bound to be a facade only. No one wants to look as if they failed to broker a deal.
    9h
    MSN28 MSN28
    Ole, what do you think the price will look like now?
    6h
    Erik Doom Erik Doom
    some days ago you mentined we will probably see the crude Oil in the 30 ties in the end of september. We Did short best but now.......
  • Calendar event / Yesterday at 14:30 GMT
    High Crude Oil Stocks, Net Chg (Bbl)
    +3.1M
    -1.882M
    High Gasoline Stocks, Net Chg (Bbl)
    0M
    +2.027M
    High Distillate Stocks, Net Chg (Bbl)
    +0.1M
    -1.915M
    Med Crude Oil Stocks (Bbl)
    502.716M
    Med Gasoline Stocks (Bbl)
    227.183M
    Med Distillate Stocks (Bbl)
    163.077M
    Med Refinery Usage
    91.1%
    90.1%
    Med Total Prod Supplied (Bbl/day)
    19.226M
    Med Total Prod Supplied, Net Chg (Bbl/day)
    -0.205M
  • Squawk / Yesterday at 14:18 GMT
    intraday and holding research analysis in commodities and currencies..... / WWW.MCXMASTER.IN
    India
    After NY open

    buy gbpusd current rate $1.3000 sl?

    tgt1 $1.3110
    tgt2 $1.3190
    Read the Squawk
  • 10h
    Michael O'Neill Michael O'Neill
    UPDATE: Wow, didn't see that coming! I fully expected that their wouldn't be any news of an agreement prior to the main Opec meeting in November...
    9h
    Estuardorlemus Estuardorlemus
    Thanks Mike