Global Macro Perspectives
Crude oil stocks rose 1.9 million barrels for week ending 16 April; Gasoline stocks were up 3.6 million barrels; Distillate stocks rose 2.1 million barrels; Propane/propylene stocks increased 1.7 million barrels; Other oils stocks rose 0.9 million barrels; Total crude oil and petroleum stocks were 10.7 million barrels higher than the week before. Refinery utilization […]
It’s hard for me to focus on the markets, as action and especially news flow seem pretty boring to me. The same stories (forecast) all over and over again… Well, it all comes to unemployment figures on Friday, maybe we will have some sense on the future direction of the markets. Lot of hype on […]
Good that I closed the UNG position, I have saved myself from a lot of profits. U.S. Natural Gas Weekly – 03 December 2009. Like with JPY the entry point was a absolute high/low, but I earned almost nothing. P….. It’s a part of my trading strategy not to loose money, but it’s hard to […]
Bank of America announced that it will repay all bail out funds. Bloomberg link: Bank of America to Repay Bailout, Easing CEO Search. The stock is trading up 4% despite massive dilution. No comment. Initial jobless claims were reported at 457.000 vs. 466.000 and 485.000 consensus. Again falling steady. Bloomberg story: U.S. Jobless Claims Unexpectedly […]