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Plenty Of Holidays In Play This Week


Regional Holidays Sap Liquidity In Asia


Tight Ranges In Holiday Session


J.P.Morgan: Sell WNZ1 On CTD Basis

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  • WTI and Brent crude futures closed broadly flat on the day, holding the week's solid gains and the 10% rally from the Monday low. Stocks continue to trade well, with US futures markets hitting new alltime highs and providing a healthy tailwind for oil benchmarks.
  • Oil supermajors earnings in the coming week will be closely eyed, with reports from ExxonMobil, ConocoPhillips among others due.
  • Gold and silver both trade in minor negative territory, with silver underperformance prompting a modest correction higher in the gold/silver ratio. The measure hit multi-month highs of 72.9 earlier this week.