Metals Futures Trading Update

By wisdom_trading | Published: December 23, 2011

Metals advanced in thin trading on Thursday, as a relatively stable credit market in Europe, coupled with upbeat macro data from the US helped improve sentiment. In the energy markets, oil prices advanced, with WTI now bumping against the $100 mark, while US equities also rose for a third day in a row. However, the…

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Metals Futures Trading Update

By wisdom_trading | Published: December 22, 2011

Metals finished mixed in very quiet trading yesterday, as a fade in the Euro offset decent macro numbers coming out of the US. In other markets, oil prices finished higher after US crude oil inventories posted their largest one-week fall in a decade. US stocks finished flat on the day after being all over the…

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Overnight Futures Trading Activity

By wisdom_trading | Published: December 21, 2011

Asia closes higher across the board with the exception of China, following the US and European rally yesterday. BOJ left rates unchanged as expected but lowered economic assessment for the 2nd straight month. Shanghi closed down over 1.0% as banks were hit as the funding markets remain tight into year end. Europe opened up bid…

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Metals Futures Trading Update

By wisdom_trading | Published: December 21, 2011

This piece was written by at 8:30 a.m. on December 21st, US east coast time by Edward Meir (tel: 1-203-656-1143, edward.meir@intlfcstone.com) Metals were boosted by a much more constructive tone in the equity and European credit markets yesterday, with copper rising to a one-week high, while others in the group also notched up sizable gains….

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