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German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Gold recovers from previous day slide on stimulus hopes

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Gold steadies amid concerns over rising virus cases

Reserve Bank of India likely to stand pat in December

U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

Philippine central bank keeps interest rate unchanged at 2 pct

U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

Swiss franc likely to gradually depreciate against euro in coming months

Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

Danish headline inflation eases in October, likely to reach 0.8 pct in 2021

Swedish economic sentiment indicator rises in November

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

U.S. existing home sales rise above expectations in October

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

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Commodities snapshot (energy)

Monday, January 25, 2016 3:09 PM UTC

Energy pack is again down today. Weekly performance at a glance in chart & table.

Oil (WTI) -

WTI recovery stalled today and it dropped again today. Today's range $30.7-32.8
WTI is currently trading at $31.2/barrel. Immediate support lies at $28, area and resistance at $32, $34, $39 area.

Oil (Brent) -

Brent is down sharply but better performer than WTI. Today's range - $30.7-32.8
Brent is at 20 cents premium to WTI.
Brent is trading at $31.4/barrel. Immediate support lies at $25, $29 area and resistance at $35, $39 region.

Natural Gas -

Natural gas is down again today as warm winter keeps weighing on price. Today's range $2.08-2.17
Natural Gas is currently trading at $2.09/mmbtu. Immediate support lies at $2 area & resistance at $2.2, 2.32

WTI

-2.45%

Brent

-2.02%

Natural Gas

-1.88%

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Commodities snapshot (energy)

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