Free Trial
EGB OPTIONS

Large Bund call spread

GBP

Some momentum selling

GBP

Cable breaks 1.1500

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

What to Watch

ENERGY
  • The latest Baker Hughes rig count data is due for release at 17:00GMT. The oil rig count has started to tick higher again after remaining largely unchanged since the start of July. Last week showed the oil count up to 610. The gas rig count has reduced in recent weeks from a peak of 166 in September down to 156 last week.
  • The ICE and Nymex commitment of traders reports will be released after the close today at 18:30GMT and 15:30ET. Crude oil managed money net long positions have increased in recent weeks on global supply concerns from OPEC+ and Russia.
  • Markets will also watch for the updated US payrolls data at 12:30GMT.

113 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • The latest Baker Hughes rig count data is due for release at 17:00GMT. The oil rig count has started to tick higher again after remaining largely unchanged since the start of July. Last week showed the oil count up to 610. The gas rig count has reduced in recent weeks from a peak of 166 in September down to 156 last week.
  • The ICE and Nymex commitment of traders reports will be released after the close today at 18:30GMT and 15:30ET. Crude oil managed money net long positions have increased in recent weeks on global supply concerns from OPEC+ and Russia.
  • Markets will also watch for the updated US payrolls data at 12:30GMT.