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12 Mar 2020

Crude Oil Futures: Downtrend resumed

Traders added around 20.4K contracts to their open interest positions in crude oil futures markets on Wednesday, reaching the second build in a row as per advanced data from CME Group. In the opposite direction, volume went down for the second consecutive session now by around 318.5K contracts.

WTI could re-visit 2020 lows in sub-$28.00 levels

The barrel of WTI traded on the defensive on Wednesday amidst rising open interest, opening the door for the continuation of the leg lower in the near-term. That said, there is room for prices to re-test the area of YTD lows below the $28.00 per barrel.

Mar 12, 2020

GBP/USD: The best measures cannot contain the fall

GBP/USD is falling down as Prime Minister Boris Johnson is convening his cabinet to decide on additional restrictions. US actions are also eyed, Yohay
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Mar 12, 2020

New Zealand: Housing market strength not to be persistent – ANZ

After rebounding in the second half of 2019, the housing market in New Zealand started 2020 on a solid footing, economists at ANZ Research reports. NZ
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