OPEC Archives - The Industry Spread

Equities Positive on Easing Trade War Woes and ECB Cues

September 13, 2019

Global market is seeing equities trade positive supported by multiple positive fundamental factors. Asian market today saw equities and benchmark indices scale six-week highs as US-China trade war woes ebbed and optimism surrounding trade deal rose high following US President Donald Trump’s decision to delay additional tariffs on Chinese goods by two weeks.

Equities Mixed as Chinese Cues Dictate Directional Bias, US Futures Green on Rate Cut Hopes

June 14, 2019

Global equity market is seeing mixed price action in the global market today. Lack of progress in Sino-U.S. trade talks, increasing awareness that trade deal between two parties is unlikely in the upcoming g20 summit and headlines on massive street protests act as factors which provide the market with bearish cues. This has resulted in investor sentiment remaining divided in the global market. Further, the reduction in 2019 global crude oil demand growth forecast by OPEC also hurt risk appetite.

AUDUSD Eyes 0.72, Gold Continues South

April 17, 2019

Asian stocks finished higher close to nine months highs, as investors sentiment was supported by strong Chinese industrial production numbers and better GDP data. In Japan, the Nikkei225 main index added 0,25 percent to 22,277, the highest since December 4th, 2018. The Hang Seng benchmark in Hong Kong finished 0.02 percent higher at 30,109.

AUDUSD Under Pressure After Dovish RBA

April 16, 2019

Asian stocks finished higher to the highest level in nine months, as investors cheer upbeat beginning of the US earnings season. In Japan, the Nikkei225 main index added 0,32 percent to 22,238 the highest since December 4th, 2018, the Hang Seng benchmark in Hong Kong finished 0.68 percent higher at 30,007. Chinese stocks are rallying, with Shanghai Composite finishing 1.55 percent higher at 3,226, and in Singapore, the FTSE Straits Times index finished 0.16 percent higher at 3,329.

Remarks of FIA President and CEO Walt at Boca 2019

March 16, 2019

Welcome everyone to Boca 2019, the 44th annual gathering of the futures and derivatives industry in south Florida, or as Jeremy Grant, the former FT journalist, termed it, “Best Industry Event—Ever.” Or put another way – Boca means business!

EURUSD Rejected at 1.14

December 4, 2018

Equity markets positive on temporary truce between China & U.S.A as US Dollar gained positive momentum but US equities initiated a bearish rout in Asian equities as the 10-year treasury yield fell to 2 .96. IT-DE spread difference continues to fall indicating positive progress in budget negotiations.