WTI (futures on NYMEX) is testing the $ 17 mark once again, having failed its recovery from fresh 20-year lows of $16.59. The sellers continued to lur
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Copper: Firmly embedded in a downtrend – TDS
As risk sentiment continued to firm, copper speculators added to their net length, strategists at TD Securities apprise. Key quotes “Our gauge of mark
Gold trades with modest losses near 1-week lows, around $1675 region
Gold edged lower on the first day of a new trading week and dropped to one-week lows, around the $1672-71 support area in the last hour. The US dollar
GBP/USD: Critical support in danger
GBP/USD is trading in a range between 1.24 and 1.2525. Monday's four-hour chart is showing that critical support is getting close, as FXStreet’s analy
Germany’s Merkel: No current plans for new easing of lockdown measures
In a meeting with leaders of her own party, Germany’s Chancellor Angel Merkel said that there are no current plans for new easing of lockdown measures
S&P 500: The 'short but sharp' recession will not minimize the overall impact on corporate profits – JP Morgan
The 1Q20 earnings season will provide an important first look at how the ongoing pause in global activity is impacting corporate earnings and what inv
USD/CAD trims a part of early gains, retreats to mid-1.4000s
The USD/CAD pair struggled to capitalize on its intraday positive move beyond the 1.4100 mark and has now retreated around 40 pips from daily tops. Th
Oil: Prices could be higher next year – Morgan Stanley
Andrew Sheets, a Chief Cross Asset Strategist at Morgan Stanley, says that the steep decline in oil prices could reverse next year. Key quotes “Oil pr
Gold: Prices to settle near support at $1,667 – TDS
Strategists at TD Securities expect the yellow metal to settle around a near support before recovering. XAU/USD is trading at 1676.50. Key quotes “Mon
Crude Oil Futures: No respite in the downtrend
Traders increased their open interest positions in Crude Oil futures for the third session in a row on Friday, now by around 19.2K contracts, in light