Free Trial
AUSSIE BONDS

Firmer To Start, RBA’s Bullock Eyed

BONDS

NZGBs Back The Other Way

NZD

Gains As Equity Rally Continues

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Gold Breaks Below Recent Range

COMMODITIES

Bearish conditions in WTI futures were reinforced last week - the contract cleared support at $80.89, the Sep 8 low. This marks a resumption of the downtrend and maintains the bearish price sequence of lower lows and lower highs. Gold traded lower Friday, breaking out of its recent range and in the process confirmed the bear flag formation evident on the daily chart. The break confirms a resumption of the downtrend.

  • WTI Crude down $0.17 or -0.22% at $78.26
  • Natural Gas down $0.13 or -1.87% at $6.7
  • Gold spot up $2.96 or +0.18% at $1646.96
  • Copper down $1.8 or -0.54% at $332.3
  • Silver down $0.13 or -0.67% at $18.7451
  • Platinum up $3.87 or +0.45% at $863.02
110 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Bearish conditions in WTI futures were reinforced last week - the contract cleared support at $80.89, the Sep 8 low. This marks a resumption of the downtrend and maintains the bearish price sequence of lower lows and lower highs. Gold traded lower Friday, breaking out of its recent range and in the process confirmed the bear flag formation evident on the daily chart. The break confirms a resumption of the downtrend.

  • WTI Crude down $0.17 or -0.22% at $78.26
  • Natural Gas down $0.13 or -1.87% at $6.7
  • Gold spot up $2.96 or +0.18% at $1646.96
  • Copper down $1.8 or -0.54% at $332.3
  • Silver down $0.13 or -0.67% at $18.7451
  • Platinum up $3.87 or +0.45% at $863.02