Just wanted to say thanks to Ashraf for tremendously valuable insights, sometimes contrarian but always enlightening.
How much of an impact on the recent oil runup do you see the start of the hurricane season in the Atlantic making? My hunch is that there's at least a small amount of correlation between worries about supply levels and the crazy price action in crude lately.
Excellent oil shorting opportunity today IMHO - this is primarily a hurricane driven spike. But Bill is not even projected to get anywhere near the refineries in the Gulf of Mexico, so once the storm passes expect a steep drop.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(11 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(11 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(11 months ago)
How much of an impact on the recent oil runup do you see the start of the hurricane season in the Atlantic making? My hunch is that there's at least a small amount of correlation between worries about supply levels and the crazy price action in crude lately.