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WTI down by 0.9%

Front-month WTI crude prices are down 0.9% at $63.30, earlier printing a one-week low at $63.23. This extends the correction from the 5-month high...

Extended but not topped

WTI ended the week on fresh 5-month highs, peaking at $63.27 so far, and up nearly 2%. The contract has been in rally-mode since...

A Flexi-Brexit lifts GBP ahead of NFP

A firmer Pound (on positive Brexit news) and a softer Yen (weaker earnings and spending data) have been the main themes in otherwise directionally...

GBP Holds, Gold Gains and Equities & Oil slip

Sterling holds relatively steady awaiting further Brexit news. Gold rallies and Stocks and Oil move in the opposite direction.   Stuart Cowell Head Market Analyst Disclaimer:¬†This material is...

Rate Inversion Drives Equities and Oil Lower

Stocks and the Oil price suffered as US Treasuries went on Bid. The Nikkei 225 closed down over 3% earlier. The USDJPY has printed...

Oil pops and then drops

USOIL, H1 USOil moved higher yesterday, supported by the API weekly inventory report, which revealed a 2.1 mln bbl draw-down in crude stocks. Expectations had...

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