SHORT Case We’re are still looking to see how price will react around the $2000 level.—although not quite there yet. We would take upward movements are new selling opportunities. LONG Case Medium term we are bullish on gold, although gold could be heading towards $2000-$1950s for the near term. We remain on the lookout for any strong upsid...
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SHORT Case At the moment there are not clear short positions to take, we are looking to see if brent oil price will reach around $84-$86 for signs of market reversal. We would use short term sell positions to protect longer term buy positions here onwards, unless we see oil breach $72 level, which at the moment seems unlikely as we saw oil brea...
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Sanctions Tankers A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions. About half of the 50 tankers that the US Treasury began sanctioning on Oct. 10 have failed to load cargoes since they were listed, according to a tally by Bloomberg.Inflation in Focus The...
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