Weekend News 28Jun


As noted in last week's analysis, focus into this week's auction on Major Structural Resistance, 107.50s, was key in this week's auction as development of the Balance phase, 107.50s-105s, continued. Maturation of this cluster implies increasing potential for a new directional phase.

Graphics

Central Banks

Geopolitics

  • Why The US Will Never Become A Net Exporter. (Zerohedge)
  • Testing US Crude Oil Ban With Swaps No Simple Matter. (Reuters) 

Supply/Demand & Markets

  • Norway's $890 Billion Fund To Expand Real Assets. (Bloomberg)