Euro Up as Italy Fears Fade, Canadian Dollar Falls with Crude Oil

TALKING POINTS – ITALY, EURO, SWISS FRANC, CANADIAN DOLLAR, CRUDE OIL Euro soars as Italy’s Mattarella vetoes eurosceptic cabinet nominee Swiss Franc retreats, Aussie and NZ Dollars rise as sentiment firms Canadian Dollar sinks as crude oil prices continue Friday’s selloff The Euro traded sharply higher to start the week after Italian President Sergio Mattarella […]

Crude Spills on Saudi’s Proposed Increase, Short-Term Top Likely

Fundamental Forecast for USOIL: Neutral Talking Points: The ONE Thing:Saudi turning on the spigots may lead to lower prices, but bullish environment remains. OPEC rhetoric is rightly center stage as oil traded notably weaker toward week’s end. Saudi Arabia’s oil minister, Ali-Falih, said he sees a ‘likely’ oil supply boost in H2 2018. Per BHI, […]

Crude Oil, Gold Prices Positioned for Weakness Into Holiday Lull

Talking Points: Crude oil, gold prices mark time as liquidity ebbs into holiday lull Technical positioning hints at weakness when participation returns Weekend news-flow, US data anticipation may translate into gaps Commodity prices marked time as investors settled in for market closures in observance of the Good Friday holiday. Australia, Hong Kong and most of […]