Institutional
ING, Institutional
Oil: Risk premium builds with Persian Gulf tensions – ING
ING analysts Warren Patterson and Ewa Manthey say Oil prices are grinding higher, with ICE Brent close to $100/bbl as Middle East tensions escalate and OPEC output falls. They highlight US strikes on Iranian tankers, Iranian missile responses, and disruptions to Saudi supply, arguing that the market will likely keep a sizeable risk premium while […]
by Currency Hedger
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- 2 months ago
Institutional, MUFG
Japanese Yen: Focus on strength and BoJ path – MUFG
MUFG’s Michael Wan highlights ongoing strength in the Japanese Yen, with recent USD/JPY volatility seeing the pair drop toward 152.88 before stabilizing near 153.26. Mixed Japanese data, including stronger labour cash earnings and softer GDP, have not altered expectations for a 25 bps BoJ rate hike in September, keeping attention on BoJ communication and Yen-supportive policy signals. […]
by Currency Hedger
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- 2 months ago
CommerzBank, Institutional
Euro: Volatility eyed into late week – Commerzbank
Commerzbank’s Antje Praefcke notes that EUR/USD is likely to stay relatively quiet until later in the week, when the European Central Bank (ECB) meeting and US inflation data could trigger stronger moves. She highlights that market expectations for further ECB rate hikes may need to be revised lower, potentially weighing on the Euro, while stronger […]
by Currency Hedger
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- 2 months ago
Institutional
The US is pouring hundreds of millions more into quantum computing. This is only the beginning
D-Wave, Rigetti and Quantinuum have signed final agreements with the US Department of Commerce under which each company will receive up to $100 million to develop quantum technologies. The total value of the current agreements is therefore as much as $300 million. However, this is not the first injection of capital into the sector. In […]
by Currency Hedger
- 0 Comments
- 2 months ago
Commodities, Institutional
Commodity Talk – Wheat, Oil.WTI, Gold, Natgas.EU
Market Situation Wheat Fundamental and Market Context Historical Valuation (Z-score) Scenarios Gold Fundamental and Market Context Buyers slightly trimmed long positions last week, which may be linked to rising US yields. Source: CFTC, XTB Historical Valuation (Z-score) Scenarios WTI Crude Oil Fundamental and Market Context Calendar spreads remain elevated but show signs of stabilizing, which […]
by Currency Hedger
- 0 Comments
- 2 months ago
Energies, Institutional
Brent Nears $100 on Mideast Hostilities
Brent crude rose above $99 a barrel on Wednesday, reaching its highest level in nearly seven weeks and approaching the key $100 threshold after Iran said it had struck two American vessels and eight oil tankers in the Gulf. The escalation heightened concerns over further disruptions to global oil supplies. Tehran also launched ballistic missiles […]
by Currency Hedger
- 0 Comments
- 2 months ago
Energies, Institutional
Heating Oil Moves Toward Record High
US heating oil prices rose above $4.63 per gallon, moving back toward their record high as refineries grapple with increasingly constrained refined-product supplies. The Middle East war continued to escalate as Iranian-backed Houthis launched strikes on Saudi energy facilities, including the Jazan oil refinery. This comes on top of ongoing disruptions and reduced traffic through […]
by Currency Hedger
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- 2 months ago
Energies, Institutional
Brent Crude Nearing $100
Tanker attacks, the Strait of Hormuz dispute, and record US fuel prices fuel the next wave of the energy crisis. Oil prices on global exchanges are surging, with the valuation of a barrel of Brent dangerously approaching the $100 mark, reaching over $98. The American benchmark, WTI crude, is climbing above $93. The main driver […]
by Currency Hedger
- 0 Comments
- 2 months ago
Commodities, Institutional, Technical Analysis
Chart of the Day: Wheat rebounds 3% after pulling back from multi-year highs
Chicago wheat futures (WHEAT) are up more than 3% today as investors price in a more persistent reduction in supply amid the ongoing war between Ukraine and Russia, with both sides targeting exports and disrupting key logistics routes. WHEAT chart (D1 interval) Over the past several sessions, selling pressure in wheat was visible across all […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional
Economic Calendar: NFIB Index in Focus – Light Macro Schedule
Today’s economic calendar is very light, with investors shifting their attention toward the second half of the week. The key release will be Friday’s U.S. CPI inflation report for August. German imports and exports unexpectedly declined, but EURUSD is holding up relatively well and has managed to move back above its 200-day exponential moving average […]
by Currency Hedger
- 0 Comments
- 2 months ago