Euro Recovers in Overall Consolidative Markets
The financial markets are generally quiet today. Major European indexes are mixed while US futures are treading water. Gold is still trying to defend 1800 handle, despite dipping earlier. Silver is also recovering ahead of 20 handle. Bitcoin and Ethereum...
Crude Oil Remains Imbalanced
Another week of May brings a new decline in Oil. Brent is retreating and hanging around $109.50. A season of active car travel is starting in the US. In this light, demand for gasoline, which is getting more and more...
Weekly COT Report: Metals Continue to Get Hammered
The strong dollar and lockdowns in China have continued to see traders take a bearish stance on metals over the past four weeks. As of Tuesday the 10th of May: Large speculators flipped to net-long exposure on euro futures Traders...