• The Crude Chronicles – Episode 18

    Trade Deal & Brexit Optimism Supporting WTI The CFTC COT report showed that net long positions in crude increased by 67,504 contracts last. The total position in WTI crude now stands at 495,539 contracts. This latest increase in upside exposure in WTI crude reflects the optimism and relief among investors in the wake of OPEC+ […]

  • The Friday Forex Takeaway – Episode 7

    Key Points From This Week The New Zealand Dollar has been the standout performer among the G10 currency pack this week. Encouraging signs that the US and China will sign a trade deal this month is seeing the kiwi back in demand. The Canadian Dollar has been the weakest performer over the week, however. While […]

  • The IndeX Files 14-01-2020

    Attention Turning Back Towards US-Sino Trade Deal Global benchmark equities indices have seen a pause in their recent upward trajectory though are consolidating near highs, suggesting a continuation higher is coming. The most notable themes for asset markets currently are those of reduced geopolitical risks linked to US-Iran tensions as well as the favourable backdrop […]

  • The Crude Chronicles – Episode 20

    WTI Caught Between US-Iran Tensions & US-China Trade Deal The CFTC COT position report showed that last week, investors increased their upside positions in WTI by a further 4,780 contracts, taking the total position to 554,857 contracts. The recent increase in WTI positioning reflects the better expectations around US-Sino trade relations. Trump announced that the […]

  • Top Market Themes 2020

    Rather frustratingly, it seems that many of the big themes set to dominate 2020 will really be an extension of the stories that took centre stage over 2019. US-Sino Trade Negotiations. With an initial trade deal in place, focus will now shift on to the second round of negotiations. The first trade deal is due […]

  • US-Iran Tensions Erupt: Market Impact

      US Kills Top Iranian General Global investor risk appetite was shaken last week on reports that the US had killed a top Iranian general during a drone strike carried out in Baghdad on Friday. Qassem Soleimani, a top Iranian general was confirmed to have been killed during the drone strike. Risk assets across the […]

  • The IndeX Files 21-01-2020

    Buy The Rumour, Sell The Fact? Global equities benchmarks are trading just off their recent highs this week with North American, Asian and European indices all in the red. The moves is likely down to a “buy the rumour, sell the fact dynamic which is playing out on the back of the US and China […]

  • The Crude Chronicles – Episode 21

    WTI Under Pressure The CFTC COT positioning report showed that net length in US WTI positions rose by 12,415 contracts to 567,272 contracts in the week ending January 7th. The rise in WTI upside exposure came amidst a backdrop of heightened tensions between the US and Iran which many feared would boil over into a […]

  • The Crude Chronicles – Episode 19

    Opportunities & Risks For WTI In 2020 The CFTC COT positioning report showed that WTI traders increased their positions by 13,700 contracts last week, taking the total position in WTI to 550,077 contracts. Upside exposure has been steadily increasing over recent weeks reflecting a more encouraging environment for WTI in the wake of recent developments. […]

  • The Crude Chronicles – Episode 11

    “Phase One” Trade Deal Nearly Ready For Signing According to the latest comments from President Trump the US and China are on course to sign off on the “phase-one” trade deal announced a few weeks ago. Speaking on Monday, Trump told reporters that the two countries were “ahead of schedule” in terms of signing the […]

  • Precious Metals Monday 06-01-2020

    Gold The near-term outlook for gold looks tilted towards higher prices in light of the worrying news last week of an escalation in tensions between the US and Iran. Following a much calmer period of relations between the two countries since last summer’s standoff over Iranian attacks on oil tankers in the Strait of Hormuz, […]

  • The IndeX Files 03-12-2019

    Markets Reverse on Trade Deal Uncertainty Global equities benchmarks suffered a severe shift in sentiment this week with asset markets selling off on rising fears over the health of US-Sino trade talks. Late last week, it was reported that the US administration approved a bill supporting the rights of the Hong Kong protestors. The situation […]

  • Precious Metals Monday 13-01-2020

    Gold With tensions between the US and Iran having dissipated over recent sessions, the new week has commenced with a firmly risk-on tone, seeing reduced safe-haven demand for gold.  The market is now focusing on the US-Sino trade deal which is due to be signed on Thursday in Washington. Following the signing of the deal, […]

  • The Crude Chronicles – Episode 10

    US – Sino Trade Talks Boosting Oil Outlook Benchmark WTI prices have been supported over the week, marking a pause in the declines seen over the prior month. Since bottoming out around the $51 mark, WTI Crude has traded back up to $55. A key factor in the current stabilisation in WTI prices is the […]

  • 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 […]