United States CFTC USD NC net positions dipped from previous $170.3K to $165.2K

United States CFTC Gold NC net positions: $12.7K vs previous $35.3K

United States CFTC Oil NC net positions down to 608.9K from previous 613.4K

European Monetary Union CFTC EUR NC net positions dipped from previous €22.8K to €10.6K

Japan CFTC JPY NC net positions: ¥-62.8K vs ¥-68.5K

Australia CFTC AUD NC net positions: $-54.5K vs previous $-51.5K

United Kingdom CFTC GBP NC net positions: £-58.9K vs previous £-47.4K

S&P500 Technical Analysis: Bears take the lead – Trading below 2,840.00

The S&P500 declined as far as the 2,825.00 support on the last day of the week.  Bulls managed to bring the market back above the 2,835.25 level suggesting that they might try to retake the current weekly high in the next sessions. Next week bears objective will be to break belo ...

Crude Oil WTI Technical Analysis: Bulls retake control

Crude oil rebounded this Friday and found resistance at $67.72 a barrel.  As bulls are gaining some traction their objective is to trade above 70.00 which is the last swing high.  As the bear breakout below 66.30 found buyers, the bulls keep having the upper hand but they must b ...

Wall Street closes sharply lower amid flight to safety

CBOE Volatility Index rises more than 16% on Friday. Turkis lira's collapse weighs on financials. Recovering crude oil prices help the energy close in the positive territory. Major equity indexes in the United States started the day in the negative territory and extended their losses a ...

UK: Key data for next week – Danske Bank

Analysts at Danske Bank present a preview of next week economic reports from the UK.  Key Quotes:  “In the UK next week, we have several important data releases coming up. On Tuesday, we are due to get the jobs report for June. We estimate the unemployment rate (3M average) fel ...

USD/MXN jumps to 19.00 as Emerging Markets tumble on Turkish crisis

A terrible day for Emerging Market currencies, including the Mexican peso, hit by risk aversion. USD/MXN jumps to test 19.00: a quick ride from 3-month lows to 2-week highs. The USD/MXN pair rose sharply for the second day in a row on Friday boosted by jitters around Emerging Market. Lati ...

US week ahead: Economic activity, housing and retail sales – NBF

Analysts at the National Bank of Canada present the key economic numbers to be released next week in the US.  Key Quotes: “We’ll get information about economic activity in Q3 thanks to July data. Industrial production may have risen moderately in the month, echoing a sligh ...

Euro area’s lacklustre growth continued in Q2 – RBC

"Euro area GDP fell short of expectations with a 0.3% increase in Q2, which is down slightly from the previous quarter’s 0.4% gain," note Royal Bank of Canada Economic Research team in their monthly financial markets report. Key quotes "That leaves growth over the firs ...