02-07Nov Auction
As noted in
last week's analysis, focus on response to Stopping Point Low, 75.85s, was key
in this week's auction as sellside
continuation developed toward 73.25s. Focus on response to Stopping Point Low,
73.25s, into next week's auction.
09-14Nov Auction
Central Banks
- Regulators Fine Global Banks $3.4bil In Forex Probe. (Reuters)
- Russia's Gold Buying. (Bloomberg)
Geopolitics
- US-China Climate Statement Is No Breakthrough. (John Kemp via Reuters)
- New US Senate Energy Head Will Need Time To Lift Export Ban. (Reuters)
Supply/Demand & Markets
- EIA: -1.7mil v 500k exp. (Platts)
- A WTI Drop To $60 Would Trigger Broader HY Market Default, Sayeth Deutsche Bank. (Zerohedge)