21^st January 2010

Commodity Overview

Focus on Oil & Gold

Over the last five days Oil futures have given up more ground reaching new yearly lows at $76.76. This weakness has come on the back the stalling equity market and continuing USD strength. (more...)

Commodity Overview

Focus on Oil & Gold

Over the last five days we have seen oil futures make new yearly lows at $83.95 before aggressively rejecting these levels. (more...)

16^th December 2009

Commodity Overview

Focus on Oil & Gold

Over the last 7 days we have seen oil continue to trend lower in-line with the rally in the USD. The market briefly pressed down below the $69.00 handle, and has since bounced back to the $71.00 mark. During the same time gold has also traded sharply off its recent record highs of $1226.56 to briefly print down to $1111.00. (more...)

9^th December 2009

Commodity Overview

Focus on Oil & Gold

Over the last five days we have seen oil give up over $5 of gains as USD strength has come to the forefront on the back of strong payrolls data. The same reasoning can be used to explain a near $100 pullback in the price of Gold off recent highs. (more...)

25^th November 2009

Commodity Overview

Focus on Oil & Gold

Over the last five days we have seen oil continue to trade sideways; USD weakness and ongoing equity strength have provided support. Trading conditions have been subdued as the market appears to be preparing for a breakout.

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18^th November 2009

Commodity Overview

Focus on Oil & Gold

Over the last five days we have seen oil continue to trade sideways, supported by ongoing equity strength. The gold market has continued to rally taking out recent highs at 1144.70 before topping out at 1148.40 yesterday.  (more...)

11^th November 2009

Commodity Overview

Focus on Oil & Gold

Over the last five days we have seen oil continue to trade sideways supported by returning equity strength primarily lead by USD weakness. Gold has sustained its bullish trend breaking above $1100 late last week.

  (more...)