AMERICAS OIL: WTI crude is higher today amid uncertainty around trade tensions
Mar-12 11:24
WTI crude is higher today amid uncertainty around trade tensions and tariffs. Recent downside pressu...
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BOBL: Block trade
Feb-10 11:19
Bobl Block trade, suggest seller:
- OEH5 ~4.72k at 117.81.
US TSY FUTURES: Net Shorts Added Across The Curve Following NFP
Feb-10 11:19
OI data points to net shorts being added across the curve following Friday’s NFP release, concentrated in FV & TY contracts.
| 07-Feb-25 | 06-Feb-25 | Daily OI Change | OI DV01 Equivalent Change ($) |
TU | 4,095,807 | 4,092,514 | +3,293 | +121,479 |
FV | 6,389,125 | 6,331,086 | +58,039 | +2,394,689 |
TY | 4,915,931 | 4,881,955 | +33,976 | +2,174,804 |
UXY | 2,268,158 | 2,262,955 | +5,203 | +456,199 |
US | 2,002,376 | 2,000,290 | +2,086 | +264,547 |
WN | 1,794,659 | 1,793,515 | +1,144 | +220,026 |
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| Total | +103,741 | +5,631,743 |
OUTLOOK: Price Signal Summary - Another Fresh Cycle High In Gold
Feb-10 11:12
- On the commodity front, a bull cycle in {O4} Gold remains in play and the yellow metal has again traded to a fresh cycle high, today. The continued appreciation once again confirms a resumption of the uptrend and maintains the bullish price sequence of higher highs and higher lows. Moving average studies are in a bull mode position too, highlighting a dominant uptrend. Sights are on the $2917.5, the 1.764 projection of the Nov 14 - Dec 12 - 19 price swing. The first key support to watch is $2776.3, the 20-day EMA.
- In the oil space, recent weakness in WTI futures marks an extension of the current corrective cycle. The 20-day EMA has been breached and attention is on support around the 50-day EMA, at $72.20. Price has traded through the average, a clear break of it would suggest scope for a deeper retracement. This would open $68.05, the Dec 20 ‘24 low. On the upside, a clear reversal higher would refocus attention on $79.48, the Apr 12 ‘24 high and a key resistance. Initial resistance is $75.18, the Feb 3 high.
