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SILVER TECHS

Bullish Extension

GOLD TECHS

Heading North

WTI TECHS

(M1) Needle Still Points North

BRENT TECHS

(N1) Bullish Conditions Remains Intact

USDCAD TECHS

Extends Lower With Bears In Charge

CHINA

Per RTRS, "China said on Tuesday it will conduct military exercises in the South China Sea this week, just days after Beijing bristled at a U.S. aircraft carrier group's entry into the disputed waters.

  • A notice issued by the country's Maritime Safety Administration prohibited entry into a portion of waters in the Gulf of Tonkin to the west of the Leizhou peninsula in southwestern China from Jan. 27 to Jan. 30, but it did not offer details on when the drills would take place or at what scale.
  • A U.S. carrier group led by the USS Theodore Roosevelt entered the South China Sea on Saturday to promote "freedom of the seas," the U.S. military said, days after Joe Biden began his term as president."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com