|Data di regolamento||2020-07-21|
|Min-Max giorno||40,36 - 40,50|
I dati del gruppo industriale American Petroleum Institute alle 20:30 GMT di martedì dovrebbero mostrare un aumento di 100.000 barili di scorte di benzina.
Oltre 2,3 miliardi di euro raccolti ieri nella prima giornata di collocamento per il BTp Futura. In Europa buone le borse, stabili oro e petrolio.
Oggi gli occhi degli investitori saranno puntati sull’indice Sentix in Europa. Saranno comunque numerosi i dati economici nel corso della settimana.
Silver markets fell on Tuesday but then turned around at the $18.25 level. Because of this and gold trying to break out, silver looks very bullish.
Crude oil markets dipped slightly on Tuesday but found support again to turn around and pressed the resistance barrier that we have been fighting all along.
Oil continues to trade above the key $40 level but fails to get above the next resistance level at $41.50.
The Commitments of Traders report covering positions held and changes made by money managers in the week to June 30. A week that despite mixed price performances saw funds buying 18 out of the 24 major commodity futures tracked in this. The top five included corn, natural gas, soybeans, Brent crude oil and copper.
Data from the American Petroleum Institute industry group at 20:30 GMT on Tuesday is expected to show a 100,000 barrel rise in gasoline stockpiles.
Strong gains in Chinese equities spilled over into US stocks which paved the way for higher gold prices. Stronger than expected US ISM services numbers helped add to riskier assets, which have been highly correlated gold, helping to buoy the yellow metal.
The crude oil markets rallied a bit against the backdrop of a positive Monday but find quite a bit of noise just above that they need to deal with.
Gold markets went back and forth on Monday, reaching towards the $1800 level but it looks like we still have the same resistance in that region.
Oil continues its upside move and heads towards the test of the next resistance level at $41.50.
The direction of the September E-mini Dow Jones Industrial Average on Monday is likely to be determined by trader reaction to the 50% level at 25938.
British pound rallied a bit on Monday. This was helped by Chinese equities kicking off with the bank, bringing up the amount of risk appetite around the world.
Today’s session begins with the market up six days from its last main bottom. This means we should start watching for signs of a top.
S&P; 500 futures are pointing to a higher open amid global market optimism.
“Avangrid has above-average EPS growth potential from utility and renewables opportunities, along with upside options not yet priced in,” wrote Morgan Stanley.
The direction of the August Comex gold futures contract on Monday will likely be determined by the pair of 50% levels at $1787.00 and $1780.90.
In order to sustain the rally, inventories are going to have to continue to drop and people are going to have to continue to work, plain and simple.
If the Fed’s balance sheet has been a key driver of risk sentiment, will this dynamic start to weigh on risk? It seems unlikely to cause too great a stir as we know the Fed have the capacity to turn the taps on any time. Also, put China CN50 on the radar as this index is on fire right now, where we saw sizeable inflows into Chinese A-shares on Friday.
Trader reaction to the minor pivot at $39.36 and the major Fibonacci level at $41.56 will set the near-term tone.
Crude oil prices dropped below $43 at the end of this week as growing concerns on the resurgence of COVID-19 cases in major economies around the world strengthened concerns that global energy demand growth could freeze.
It’s a mixed start to the day for the broader market. A Bitcoin breakout from $9,200 would support the pack.
Stock market rallied during the week, but as you can see on the S&P; 500, we have reached towards the top of the previous couple of candlesticks on the chart.