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ASIA FX

USD/Asia Losses Trimmed As Session Progressed

AUSSIE BONDS

Curve Twist Flattens Ahead Of Employment Data Tomorrow

GBPUSD TECHS

Bullish Outlook

BOBL TECHS

(M3) Sharp Reversal

EURUSD TECHS

Holding On To Its Recent Gains

FOREX

Greenback Little Changed In Asia

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Gold Surges Whilst Oil Ultimately Little Changed On US Data

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  • Crude oil has seen a mixed day and is ending it broadly flat having reversed initial gains following weaker wage growth in the US payrolls report. It leaves 5+% declines for the week, the largest weekly loss in a month with weaker demand concerns winning out over the week as a whole.
  • WTI is +0.3% at $73.89, still sitting close to support at $72.46 (Jan 5 low) but not troubling it having previously cleared the key short-term support at $76.79 (Dec 29 low). The day's most active strikes in the CLG3 are once again for $70/bbl puts.
  • Brent is -0.1% at $78.61, also hovering above support at $77.61 (Jan 5 low).
  • Gold is +2% at $1868.96, an outright winner with the USD sliding and yields tumbling. It pushes through resistance at $1865.1 (Jan 4 high) to open $1876.0 (3.0% 10-dma envelope).
  • Gas: TTF ended the week down almost 10% wk/wk with warm weather extending through the two-week forecast. The front month contract has now fallen 57% since high in early December.
  • Weekly moves: WTI -5.9%, Brent -4.5%, Gold +2.5%, US Nat Gas -18.6%, EU TTF Nat Gas -9%
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  • Crude oil has seen a mixed day and is ending it broadly flat having reversed initial gains following weaker wage growth in the US payrolls report. It leaves 5+% declines for the week, the largest weekly loss in a month with weaker demand concerns winning out over the week as a whole.
  • WTI is +0.3% at $73.89, still sitting close to support at $72.46 (Jan 5 low) but not troubling it having previously cleared the key short-term support at $76.79 (Dec 29 low). The day's most active strikes in the CLG3 are once again for $70/bbl puts.
  • Brent is -0.1% at $78.61, also hovering above support at $77.61 (Jan 5 low).
  • Gold is +2% at $1868.96, an outright winner with the USD sliding and yields tumbling. It pushes through resistance at $1865.1 (Jan 4 high) to open $1876.0 (3.0% 10-dma envelope).
  • Gas: TTF ended the week down almost 10% wk/wk with warm weather extending through the two-week forecast. The front month contract has now fallen 57% since high in early December.
  • Weekly moves: WTI -5.9%, Brent -4.5%, Gold +2.5%, US Nat Gas -18.6%, EU TTF Nat Gas -9%