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Archive for April, 2014

April 30th, 2014

PVM Midday Report 30 April 2014

Headlines

Eurozone inflation rises in April to 0.7% from 0.5% in March
Libya’s Zueitina port to load first tanker after being closed for nearly 10-months
Turkey to export Kurdish oil stored in Ceyhan…


April 30th, 2014

Fed confidence contrasts with ECB agonising

The US added 7 more individuals and 17 companies to its sanctioned list and the EU added 15 more individuals. It must have been less dramatic than had been expected…


April 30th, 2014

Targets have been hit on both contracts; Wait-and-see

The headline sums it up. Both contracts tested their respective targets but they were not closed below/above. ICE shorts should be flat now and so should NYMEX longs. Closes below…


April 30th, 2014

Rallies to s/t MAs a sale – Down-trend bedding in

Having broken down out of the range on Monday the contracts reacted back up some yesterday only to fail at the short term MAs. The correction back up was very…


April 29th, 2014

PVM Midday Report 29 April 2014

Headlines

EU issues fresh round of sanctions against prominent Russian individuals
Eurozone economic confidence unexpectedly dips slightly in April
UK Q1 GDP growth accelerates to 0.8%; misses forecasts of 1%
Exports of Iraqi Kurdish…