July 6th, 2011 10:05:17 GMT

Crude oil spills from early highs

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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

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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

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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

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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

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“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

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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..

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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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