CFTC: Speculators More Bullish on Euro, Crude Oil, Gold, Sterling

Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending March 27 on Friday.Speculative positioning in the CME and ICE currency, commodity, energy and index futures: LongShor ...

Peru stocks lower at close of trade; S&P Lima General down 0.20%

Investing.com – Peru stocks were lower after the close on Friday, as losses in the Mining, Food&Beverages and Services sectors led shares lower. At the close in Lima, the S&P Lima General lost 0.20%. The best performers of the session on the S&P Lima General were Andino Investment ...

Nigeria stocks higher at close of trade; NSE 30 up 1.65%

Investing.com – Nigeria stocks were higher after the close on Friday, as gains in the Banking, Food, Beverages&Tobacco and Oil&Gas sectors led shares higher. At the close in Lagos, the NSE 30 gained 1.65%. The best performers of the session on the NSE 30 were Fidelitybk (LAGOS:FIDELIT), ...

Morocco stocks higher at close of trade; Moroccan All Shares up 0.40%

Investing.com – Morocco stocks were higher after the close on Friday, as gains in the Forestry&Paper, Chemicals and Transport sectors led shares higher. At the close in Casablanca, the Moroccan All Shares gained 0.40%. The best performers of the session on the Moroccan All Shares were Ennakl ...

Russia stocks lower at close of trade; MOEX Russia down 0.16%

Investing.com – Russia stocks were lower after the close on Friday, as losses in the Oil&Gas, Manufacturing and Mining sectors led shares lower. At the close in Moscow, the MOEX Russia fell 0.16%. The best performers of the session on the MOEX Russia were Safmar Finansovye Investitsii PAO ...

Turkey stocks higher at close of trade; BIST 100 up 0.07%

Investing.com – Turkey stocks were higher after the close on Friday, as gains in the Textile&Leather, Leasing&Factoring and Tourism sectors led shares higher. At the close in Istanbul, the BIST 100 added 0.07%. The best performers of the session on the BIST 100 were Park Elektrik Uretim ...

USD/ZAR: Rand remains vulnerable to sentiment – BBH

The Rand is expected to remain vulnerable while economic growth in South Africa is likely to accelerate during 2018 according to analysts at Brown Brother Harriman.  Key Quotes:  “The improving South African economy will be hampered in 2018. Its GDP rose 1.5% y/y in Q4 2017, and i ...

Gold rejected from above $1350, could test $1310

Gold reversed sharply after approaching 2018 highs.  The slide from the top of the current range, signals a potential test of a key support.  The yellow metal opened the week with a strong positive tone. It peaked on Wednesday at $1,356/oz but then revered sharply, changing th ...

EUR/GBP grinding higher ahead of Eurozone inflation next week

The Consumer Price Index for the Eurozone is scheduled next Wednesday at 9:00 GMT. The EUR/GBP is steady and bulls are targetting the 0.88 level. The EUR/GBP is trading at around 0.8775 virtually unchanged on Good Friday as most of the market participants are away from their desks on th ...

Canadian data ahead: jobs and trade  – NBF

Next week, economic data to be released in Canada includes the March jobs report, January trade balance and the PMI.  According to analysts at National Bank of Canada, there is no reason to expect a sharp drop in employment. Key Quotes: “In Canada, March’s labour force survey wil ...

USD/CAD recovers early lost ground, jumps back to 1.29 handle

   •  Catches some fresh bids near 1.2865-60 region, 3-day old trading range support.    •  Traders unwind bearish bets amid holiday-thinned liquidity conditions.    •  Next week's important macro releases to provide some fres ...

Crude oil WTI bulls try to find a launchpad to challenge 2018 highs

Crude oil WTI rebounds at $63.72 with buyers eying the high of the year and beyond. Crude oil WTI bears are looking towards the $62.30 level. Crude oil futures are trading at around $64.91 slightly up on Good Friday as most market participants are on the Easter long weekend. The mai ...

Mexico: Peso to move between politics and NAFTA – BBH

Analysts from Brown Brother Harriman, point out that the Mexican economy slowed down amid a prudent fiscal policy and monetary tightening. NAFTA and the presidential elections in July could weigh on the peso (MXN).  Key Quotes:  “The Mexican economy has slowed due to monetary an ...

GBP/USD to post a bullish move to 1.45 in 2Q18 – ING

Viraj Patel, Foreign Exchange Strategist at ING, suggest that all the cards are falling into place for GBP/USD to post a bullish move to 1.45 in 2Q18, which is where ING’s conviction continues to lie. Key Quotes “Looking at GBP's report card in March – Brexit politics, U ...

AUD/USD struggles to sustain above 0.7700 handle, eases from tops

   •  Fails to capitalize on early up-move led by a modest USD weakness.    •  Investors seemed reluctant to place aggressive bets ahead of Chinese PMI.    •  Next week’s RBA/important macro releases might provide fresh impetus. Th ...