JPMorgan: The G7’s 100 million barrel oil release is mostly old barrels with a new bow on it !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}

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SpaceX lockup expiration puts buyers to the test. The technicals define the risk. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}

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What a way to end the week. The dollar is pushing higher, but precious metals aren’t exactly rolling over. In fact, several of them are attempting to reverse recent bearish technical developments. Gold has pushed through two resistance lines, silver has already invalidated a small breakdown, and platinum is fighting to reclaim its former rising channel. That’s an interesting…

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The weekly Baker Hughes rig count shows: Total Rigs 603 vs 598 last week Oil rigs 462 vs 456 last week Nat Gas rigs 132 vs 133 last week.  For the year: Total rigs +56 Oil rigs +44 Nat gas +12 The price of crude oil is trading at $91.20 down $0.29 or -0.33% This article was written by Greg…

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United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD remains supported within the Monetary Authority of Singapore’s policy band, with SGD NEER likely between 1.50% and 1.80% above midpoint, implying a 1.279–1.283 range. Short-term price action shows limited upward momentum, with resistance near 1.2835 and revised strong support at 1.2775. Dollar-Singapore pair stuck in…

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Monday, October 12 brings a split trading session across North America, with Canada celebrating Thanksgiving and the US observing Columbus Day, also recognized as Indigenous Peoples’ Day in many places. The key distinction for traders is that US stock markets are fully open, but the bond market is closed. The New York Stock Exchange and Nasdaq will operate their…

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The week in one sentence: Euro and Australian Dollar shorts deepened in the week to October 6, while Yen longs rebuilt. In addition, Coffee buying continued, and Gold exposure remained elevated despite another price decline. Euro net shorts deepen Speculators turned more negative on the Euro (EUR), increasing the net exposure to around 99.3K contracts. EUR/USD navigated in the…

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Yields tracked the dollar and gold, but stocks appeared to follow AI shares to a record and Bitcoin fell. The Fed-minutes lane never fired.

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