Filtered by date: 03.10.2019. Clear
  • There are Bank Reserves, but not for all

    The jump in short-term funding costs in the US last month and subsequent liquidity injections from the Fed through emergency repos fueled debates about a new round of QE.

  • The Crude Chronicles – Episode 7

    Oil Falls On Easing Middle-East Tensions & Global Growth Fears The CFTC COT update for the week ending September 24th showed net long positions in WTI crude futures were lower by -2,943 contracts, taking the position to 424,162 on the week. Speculative long positions fell by -1,864 contracts while short positions increased by +1079 contracts. […]

  • ADP Jobs Number Raises NFP Risk

    Private Sector Growth Slows Looking ahead to tomorrow’s Non-Farm Payrolls release, there is plenty of scope for volatility. The ADP employment number released on Wednesday showed that over September, the US private sector created more jobs than was forecast but at a slower pace overall. This latest data adds to concerns that the labour market […]

  • USD/RUB Targets the Level of 64.00

    Today we review the potential future of Russian ruble, gold and Australian currency.

  • Daily Market Outlook, October 3, 2019

    Daily Market Outlook, October 3, 2019  Main Market Themes US stocks extended further losing streak overnight as a lacklustre ADP job report intensified concerns over the impact of a prolonged trade war on the US economy just a day after markets were hit with a decade-low ISM manufacturing index.  Adding to the worrying growth picture […]

  • Daily Commodity Coverage: 3 Oct, Thursday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:   USDCAD Technical Analysis:   USDNOK Technical Analysis: