A lot has happened in crude oil, it feels right to do a status check on major points: (1) Price action (2) Fundamentals (3) Positioning and flows. The takeaway is…
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Relatively good support and sustained volumes on ICE Arabica Coffee Future. May delivery closed at 139,20 USc/lb, thereby gaining 160 points. ICE Robusta Coffee Future attracted reasonable turnover, the May/July…
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Crude oil price in a tight range - Market on hold waiting for OPEC data – “Investor” positioning at record – Options implied vols sub-30%, make premium buying attractive.
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