Market Quick Take – July 9, 2020

Risk is bouncing back broadly in equities but the real show is in Chinese equities, US technology stocks and then gold which has managed to stage a convincing breakout above 1,800, which will most likely attract trend-following CTA hedge funds adding more fuel to the momentum. What is our trading...

Boxed in crude oil looking for a break

Crude oil update with focus on a market increasingly boxed inWhat is our trading focus? OILUKSEP20 – Brent Crude Oil (September) OILUSAUG20 – WTI Crude Oil (August) XOP:arcx – Oil & Gas Exploration & Production XLE:arcx – Energy Select Sector SPDR Fund (Large-cap US energy stocks) ____________________________________________________________________________________________________ Crude oil has...