Brent Crude Oil Technical AnalysisSHORT Case Oil has been moving sideways for few weeks presenting small short term sell opportunities. Whilst we wait for Brent to reach $85-86 region, we can see a short term push down to $80. LONG Case Better to stay on the buy side of brent crude until around $84-$86 where we might get sell opportunities...
Read MoreU.S Interest Rates Three Federal Reserve officials said the pace of interest-rate cuts will depend on incoming economic data, suggesting the path to lower borrowing costs may look different than in previous ratecutting cycles. Boston Fed President Susan Collins and New York’s John Williams said the Fed’s first rate cut will likely be appropriate...
Read MoreSHORT Case • Gold reaches $2000 as we had expected for some time. • The fast rebound in gold leaves room for shorting opportunities down to around 2008—2000 LONG Case • We look for buying opportunities on gold near 2000s • Medium term we are bullish on gold, although gold, we are looking for a new all time high possibly closer to $2200.#Marke...
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