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Eamonn Sheridan

More on news that the US Plans to Ease Venezuela Sanctions, Enabling Chevron to Pump Oil

This from earlier:Responses to this item are pouring in across various media. Pretty much all are along the lines of this is not going to happen due to the caveat the Wall Street...

NZD/USD – Soc Gen say to watch 0.6010/0.6060 for signal to continue downtrend

Société Générale on the New Zealand dollar. Analysts at the bank say the recent interim NZD/USD low "near the lower limit of a multi-month down sloping channel at 0.5565" also coincides with a...

ANZ World Commodity Price Index (New Zealand) -0.5% in September

ANZ's indicator of price trends for New Zealand's 17 main commodity exports. fell 0.5% in September, continuing the downward trend since April. in local currency terms the index appreciated 3.3% as the NZD depreciated by...

OPEC+ 2mn bbl/day cut; not what it seems, but it signals the cartel will support the price

The news out of the meeting of the oil group:That 2mn number is misleading, though, as ANZ point out:the OPEC+ alliance agreed to cut current production quotas by 2mb/d. However, the group will...

Bank of America projects market will buy dips then “USD/JPY is likely to test 150 by 1Q23”

This via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. Bank of...

Hedge fund: “Things are breaking … investors need some strategies to own the tails”

This is via Bloomberg (gated) on hedge funds using computer-driven algorithms in the current market:are emerging as one of the biggest winners among hedge fund strategies this year“Things are breaking,” said Douglas Greenig,...

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