Feb 26, 2015 11:25 am UTC| Commentary
Quotes from RBC Capital Markets: -EUR: An overwhelming majority of CDU members supported a test ballot on the Greek bailout extension this morning, suggesting the Bundestag vote tomorrow should pass easily. -Late...
Eurozone EC survey points to continued slow growth: Capital Economics
Feb 26, 2015 10:31 am UTC| Commentary
Quotes from Capital Economics: -Februarys euro-zone EC surveys point to slow and steady growth, which will do little to reduce the threat of deflation even if it is sustained as the Greek crisis continues. -The modest...
Daily outlook for base metals prices
Feb 26, 2015 10:25 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -Base metals: Clearly boosted by the surge in oil prices yesterday evening, all metal prices are gaining this morning. Copper has risen above the $5,900 per ton mark and is now...
Feb 26, 2015 10:23 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -The gold price is trading more firmly this morning at $1,215 per troy ounce. Physical gold demand appears to be picking up again now that Chinese traders have returned after...
Daily outlook for crude oil prices
Feb 26, 2015 10:22 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -Brent climbed by 5% yesterday and is trading above $62 per barrel this morning. WTI gained 3.5% to reach $51 per barrel. The price surge is thought to have been triggered by...
Daily technical outlook for EUR/RUB: Societe Generale
Feb 26, 2015 10:06 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -EUR/RUB is breaking below earlier highlighted support of 70.50. With daily RSI breaching support, the pair looks poised to drift lower towards 66.80, the 76.4%...
Daily technical outlook for USD/TRY: Societe Generale
Feb 26, 2015 10:05 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -USD/TRY is closing in on our advocated target of 2.50. However with weekly indicator testing a multiyear graphical resistance, it will take a frank break above 2.50 to...
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