It should be interesting. You might be right Ef5! Welcome aPhong!

US labor data on deck! Check out the latest preview for the data tomorrow: US Employment Data - December Preview

US Employment Data - December Preview Average Hourly Earnings m/m Non-Farm Employment Change Unemployment Rate Forecasts NFP The range of forecasts for NFP is from about 140K to 210K, excluding outliers. If the number comes in outside of this range, ...

You are 100% correct. It happens a lot especially with NZ data. However last night was a little different in that the reaction occured before Orr's speech with the release of the bank capital review. It was very confusing because I believe the ...

We could see some heavy volatility in the next couple of days with the OPEC meetings. I just posted a preview. Check it out: OPEC Meetings - Preview

OPEC Meetings - Preview OPEC Meetings OPEC-JMMC Meetings What to expect from OPEC The first meeting will be limited to OPEC members which will take place Thursday. The big question is can Saudi Arabia get deeper production cuts, or will they just ...

Preview posted for tomorrow's Nat Gas event: Natural Gas Storage - Dec 5th Preview

Natural Gas Storage - Dec 5th Preview Natural Gas Storage Forecast While the median forecast is around -20B, the range of estimates is wide from -5B to about -30B. Outlook As we can see by the graph below we are entering the season where consumption ...

Gold right now is looking kind of bearish after reviewing today's volume on the CME. Looking at this 30M chart the selling pressure is evident. Volume spiked any time we saw some selling. Longer term I'm still bearish but this is an argument for a ...

API data pretty accurately predicted the EIA data. A surprise draw in both and builds in distillates and gasoline inventories. Haha.

Great to hear! Yup. I think it's on it's way back above 1500 given the US and China seem to be going backwards in any trade deal. NFP could be a potential trigger. Right now though, there's room for a pull back before heading higher. If not, it ...

It does seem like it's sitting in the middle of a range. I agree that we may see a big move to one side but I think the trigger could be the inventory data due out tomorrow. API showed a surprise draw. I'd still be hesitant to go long as long as US ...

Volume has been strong during the recent upswing. We could see some higher prices in gold leading up to NFP on Friday. This week we've seen volume really come back into the markets.

Nat Gas has come back a little this week. Still has some room to the upside. Storage data on Thursday might determine the week's performace.

I'm inclined to think we could see copper prices rise after the stronger than expected PMI data releases out of China, over the weekend and tonight. Manufacturing PMI Caixin Manufacturing PMI

I think this week might finally be the turn to the upside for Nat Gas. Mostly due to colder weather: url

Gold had a little rally today. It will be interesting to see if Sunday brings volume and follow-through. All of the recent rallies in gold have been accompanied by greater than average daily volume. I think we'll need a trigger and could get one ...

Is there support here!? NatGas in free fall: