Trial now
AUSSIE BONDS

Off Lows

FOREX

Quiet Start

US TSYS

Nothing To See Here

AUSSIE BONDS

IRZ1 Lifted

COMMODITIES

WTI and Brent crude futures trade higher so far Monday, with the futures contracts notching up 0.6-0.8% gains. This keeps prices above water and support at $54.40, Jan 22 low for Brent and WTI (H1) support at $51.44, Jan 22 low.

On the commodity front, Gold directional triggers remain at resistance at $1875.2, Jan 21 high and support at $1831.5, Jan 27 low.

Silver has surged higher today, gapping at the open as the retail target switched from single name stocks to silver. $30.00 has been tested, a clear break would open $30.723, 50.0% retracement of the 2011 - 2020 downtrend. Volatility is likely to remain elevated. Support lies at $27.931, Friday's high.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com