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11 May 2021

Natural Gas Futures: Probable correction on the table

CME Group’s advanced figures for Natural Gas futures markets noted open interest rose for yet another session on Monday, this time by nearly 5.2K contracts. On the other hand, volume went down by around 60.8K contracts, partially reversing the previous build.

Natural Gas remains capped by $3.00

Natural Gas started the week on a negative footing amidst increasing open interest. That said, the door stays open for further correction lower, while the upside still faces a tough barrier around the key $3.00 mark per MMBtu.

 

May 11, 2021

NZD/USD: Door open to the 0.7330 level – UOB

The stance for NZD/USD remains firm and could attempt a move to the 0.7330 level in the next weeks, suggested FX Strategists at UOB Group. Key Quotes
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May 11, 2021

Asian Stock Market: Bears cheer return of reflation fears, covid woes

Asian traders take offers, magnifying losses of their global counterparts, while heading into Tuesday’s European session. Uncertainty over the US Fede
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