United States CFTC Oil NC Net Positions dipped from previous 120.1K to 112.4K
United States CFTC Oil NC Net Positions dipped from previous 120.1K to 112.4K
United States CFTC Oil NC Net Positions dipped from previous 120.1K to 112.4K
US CPI lands Wednesday after payrolls contracted and Iran ruled out talks. Six weighted lanes, ATR-sized levels, and the first published projections above gold’s chart.
Mon: BoJ Summary of Opinions Tue: RBA Announcement Wed: German Final Inflation (Jul), IEA OMR, OPEC MOMR, US CPI (Jul) Thu: Norges Bank Announcement, UK GDP (Q2), US PPI (Jul) Fri: EZ Employment (Q2) and GDP 2nd Estimate (Q2), US Retail Sales (Jul), US University of Michigan Prelim (Aug) BoJ Summary of Opinions (Mon): The BoJ will release the…
Japan CFTC JPY NC Net Positions climbed from previous ¥-163.4K to ¥-45.5K
The non-farm payrolls release is the only game in town for markets today, with little else to distract from it. US-Iran developments remain uncertain, awaiting the Strait of Hormuz arrangement between Iran and Oman. Meanwhile, the returning pressure on tech shares will also be under the microscope with investors hoping to get some directional conviction from the jobs data…
Eurozone CFTC EUR NC Net Positions up to €-58.1K from previous €-72.4K
EUR/USD stalls at a key trendline ahead of the US NFP and CPI reports. What’s next? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Australia CFTC AUD NC Net Positions: $-33.2K vs $-40K
How have interest rate expectations changed after this week’s events? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The US Dollar Index (DXY) fell below the 100.00 region after sinking through Friday’s session. July Nonfarm Payrolls (NFP) showed the US economy shedding 23K jobs against forecasts of an 80K gain, with June revised down to 20K, and Average Hourly Earnings slowing to 3.2% on the year. Markets that had spent late July pricing a hawkish Federal Reserve…