July 6th, 2011 10:05:17 GMT

Crude oil spills from early highs


Strong bounce yesterday looks to have run out of momentum  as the dollar turns up this morning and equities slip back. WTI’s off over a dollar  from earlier $97.76 highs with Brent almost $2 down from $114.33 highs in early … Continue reading

July 5th, 2011 13:17:58 GMT

Gold up $18 on the day


Move accelerated through the $1500 level to a high of $1511 helped by crude prices, as WTI extends gains to  $96.40 from early lows around $94.65.

July 5th, 2011 10:02:41 GMT

S&P lends a helping hand to Crude


WTI and Ice Brent working higher this morning as S&P eclipses Friday’s highs. WTI’s up just over a dollar towards $95.50 with Brent  up similar at  $122.28

July 1st, 2011 13:42:25 GMT

WTI slips through Thursday’s low


August Nymex crude down through yesterday’s low of  $93.88 to $93.50 with nearby support now around $93.25. Gold also extending losses on the day to  $1482.20, S&P steady around 1319

June 29th, 2011 13:33:08 GMT

Oil leaks earlier gains


“Buy the rumour sell the fact” , worked a treat on the August WTI contract following the Greek vote. Nymex crude heading back towards the day’s lows, trading around $93.05 after highs of  around $94.20  

June 29th, 2011 10:02:06 GMT

S&P keeping Oil momentum strong


August WTI is up $1 from earlier Asian lows  around $92.65 with Brent up around $109.70 from  $108.50. S&P leading the way with futures up strongly around  1303.80

June 28th, 2011 12:43:14 GMT

Loonie stops approaching..


Hearing talk of stops now at 0.9840 as USD/CAD hits a day’s low of 0.9847. The move looks to be driven by the recent  surge in oil prices and a rebounding EUR/USD.


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