• The Crude Chronicles – Episode 13

    WTI Longs Build On Trade Deal Optimism The CFTC reported that over the last week, net long positions in WTI Crude futures were higher by 22,512 contracts, moving back up to a total long position of 138,389 contracts. This most recent build in US crude exposure reflects optimism towards the ongoing US-Sino trade negotiations which […]

  • Precious Metals Monday 21-10-2019

    Gold Gold has seen relatively subdued price action over recent sessions despite the big moves seen in USD. The recent patch of bad data out of the US continued last week with a disappointing Retail Sales number. Retail Sales were in negative territory over September, echoing the weakness seen in other key readings such as […]