Oil rises on inventory drop as traders await OPEC meeting

2019-12-04

Oil futures rose Wednesday, buoyed after industry data showed a large drop in U.S. crude oil inventories and as traders await a meeting of OPEC producers and their allies amid growing expectations for an agreement to extend and deepen output cuts. West Texas Intermediate crude for January delivery CLF20, +4.05%Read More →

Asian markets little changed as traders seek direction

2019-11-11

Asian markets sought direction in early trading Tuesday, as traders awaited the next development in U.S.-China trade talks and violent protests continued in Hong Kong. President Donald Trump said over the weekend that while trade talks were going “very nicely,” there was not yet an agreement to roll back tariffs.Read More →

Treasury yields hold steady as traders await jobs report

2019-10-04

U.S. Treasury yields held their ground on Friday as investors looked ahead to the official scorecard of the labor market’s health, amid growing questions about the longevity of the recordlong economic expansion. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.22% was down 0.7 basis point to 1.529%,Read More →

Commitments Of Traders Analysis For 09/09/2019

2019-09-11

Currencies Japanese Yen – The Japanese Yen’s decline triggered a momentum-based short sale under .9425. Commercial traders were once again heavy sellers in the Yen. Our short sale is protected with a buy stop at .9647. First support is around .9230. The bigger question is, “Will this trigger the nextRead More →