CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Oil Nudges To Two-Week Highs, Gold Supported By Weaker USD

COMMODITIES
  • Crude oil prices have edged higher after a mixed session, poking to two-week highs. Moves were partly supported by at least a temporary halt of Kurdish exports through Turkey and the Ceyhan pipeline after a recent international ruling.
  • WTI is +0.8% at $73.36, pushing through resistance at $73.10 (Mar 27 high) to open $75.12 (50-day EMA).
  • Today’s most active strikes in the CLK3 have overwhelmingly been $80 and $79.5 calls.
  • Brent is +0.8% at $78.78, through tightly packed resistance around $78.4 to open the 50-day EMA of $80.89.
  • Gold is +0.9% at $1974.34 as it gained with increasing downward pressure on the US dollar, taking a step back closer to the bull trigger at $2009.7 (Mar 20 high).
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.