Jan16

Rate Pushback Central bank officials and investors are pushing back against expectations for interest-rate cuts in 2024, which risks weighing on global risk sentiment. Several policymakers from the European Central Bank signaled it’s too early to consider lowering borrowing costs, prompting traders to pull back on bets for rate reductions. I...

Nov23

OPEC+ has delayed their meeting to discuss oil output cuts to 30th Nov. Three OPEC+ sources said this was linked to African countries. OPEC+ said after its last meeting in June that the 2024 output quotas of Angola, Nigeria and Congo were conditional on reviews by outside analysts.   We saw Crude Oil react badly to this plan cha...

Nov20

SHORT Case · We saw Brent Crude fall to $78 as per last weeks forecast. · $78 level provides support for a strong support, giving Oil a 4% push up the next day · We’re looking to see if there will be a lot of Selling around $84-86—forcing another big sell off to around $75.   LONG Case · If Oil price c...