Heading into the North American open, WTI crude futures are trading lower after OECD cut growth
forecasts for Europe, while Iran reached an agreement that will allow the IAEA to investigate
alleged nuclear-weapons work in the Persian Gulf nation….

Written by Viking1961   In the last few weeks, unexpected moves in the market happened, like EUR/USD and GBP/USD taking big drops without retracement. This has come as a surprise to many traders, gurus and top-traders.   I have been looking through a lot of profiles of top-traders, with impeccable trade-records. I was not surprised… Read more

ASIA JGBs prices were marginally mixed across the curve, 10-yr JGBs were seen up modestly around 5
ticks at 142.25, dealers noted that a few megabanks bought 5-yr JGBs on dips in mid-afternoon
trading. Last price taken at 0635BST….

July crude oil prices rallied throughout the US trading session, up more than $2.00 from their
Sunday evening low. Early support for the market came from an improvement in outside market
sentiment, weakness in the US dollar and lack of negative headline flow out of…

The crude oil complex took on a higher trade this morning, helped by an improvement in outside
market sentiment, weakness in the US dollar and lack of negative headline flow out of Europe….

July crude oil prices fell to a new low for the move overnight but have since reversed into
positive territory. Some traders indicated that gains in the crude oil market came from an
improvement in risk-taking sentiment, with a rally in global equity markets and weakness…

The Seaway pipeline began pumping crude from Cushing, Oklahoma, oil tanks to the heart of the U.S.
refining industry in Houston on Saturday, marking a historic shift in the way oil flows across the
United States. 

U.S. crude oil demand dipped slightly in April as gasoline consumption posted a small gain for the
month, the American Petroleum Institute said on Friday.  

? G8 leaders backed a ?strong and cohesive? Euro-zone including Greece and committed to boosting
growth and demand. ? Fed?s Lockhart says QE3 cannot be taken off the table. ? German govt….