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Markets

Trade of The Day – OIL
Facts: The price has moved back above the EMA200 level. The EMA100 remains above the EMA200. RSI (14) is 52.4.…
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Soft Commodities

Baltic Dry Index Falls from 9-Week High
The Baltic dry index decreased 0.2% to 3,083 on Monday, easing from a nine-week high reached on Friday. The capesize…
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Indices

TSX Muted as Earnings Take Focus
The S&P/TSX Composite Index was little changed around 36,000 on Monday after reaching a record high in the previous session,…
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Indices

Ibovespa Muted as Earnings Take Focus
The Ibovespa was little changed near 173,000 on Monday amid another batch of corporate earnings reports. Embraer gained nearly 7%…
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Soft Commodities

Cocoa Traders Balance Crop Risks and Supply Outlook
Cocoa prices eased to around $5,700 per tonne, leaving the market little changed for the year as traders continued to…
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Soft Commodities

Sugar Climbs to 10-Month High
Sugar prices climbed above 16 cents per pound, the highest level in ten months, as concerns over the global supply…
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Energies

US Natgas Prices Rise on Strong LNG Demand
US natural gas prices rose more than 4% to $2.785 per MMBtu on Monday, supported by stronger demand from liquefied…
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Banks

Norwegian Krone: Rate hike odds slashed after soft inflation – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes that Norwegian Krone (NOK) is trading mixed as firmer Oil offsets the drag…
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Banks

Copper: Weak China imports contrast with bullish positioning – ING
ING strategists Ewa Manthey and Warren Patterson highlight that China’s latest trade data show continued weakness in copper imports, with…
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Banks

US Dollar: Higher hurdle for sustained gains – MUFG
MUFG’s Derek Halpenny notes that weaker US jobs data have not triggered a strong reaction in Dollar or rates, as…
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