New Zealand GDT Price Index increased to 0.4% from previous -6.9%

Jul 16, 2024

Crude oil is on a brink of a turn – TDS

Crude oil markets could be about to break down. A downtape could now force trend-followers to liquidate a massive -40% of their max size, TDS senior commodity strategist Daniel Ghali notes.

DXY: Upside is capped around 104.4-104.8 – DBS

The Dollar Index (DXY) initially rose 0.2% to 104.32 on the “Trump Trade”, but returned to last Friday’s 104.09.