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Archive for March, 2014

March 31st, 2014

PVM Midday Report 31 March 2014

Headlines

Eurozone inflation slips to 0.5% in March – lowest level since November 2009
Crude oil tanker shot at whilst sailing through Strait of Hormuz
German retail sales unexpectedly jump 1.3% in February
UK…


March 31st, 2014

Bearish ICE – Wait-and-see on NYMEX

May ICE: There was no pre-weekend short-covering as the contract drifted lower and settled firmly below the 53.00 range support. Friday’s price action provided bears with another opportunity to short…


March 31st, 2014

Look out for stalkers

The Crimea may no longer be on the front page but it stalked the market all of last week and will continue to do so this week. Hopes that something…


March 31st, 2014

Up-trend but below key resistances – Watch RBOB at 294.39

The trend is up. The short term (s/t) MAs are below the market as support and the stochastics are positive. The contracts have breached, and in some, but not all,…


March 28th, 2014

PVM Midday Report 28 March 2014

Headlines

Eurozone consumer sentiment improves in March
US consumer spending rises 0.3% in February
Spanish inflation slumps into negative territory during March
German economy minister expects Russia to respect existing energy contracts

Fundamentals
Economy: European stock…