Urban studies: Doing research when every city is different 
2025 Market Outlook: Key January Events to Watch 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Wall Street Analysts Weigh in on Latest NFP Data 
US-Iran Ceasefire Talks Underway: What You Need to Know 
The four types of dementia most people don’t know exist 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
US Gas Market Poised for Supercycle: Bernstein Analysts 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Amid the breaking news of Trump-Kim meeting that is likely to be scheduled in May, West Texas Intermediate (WTI) crude futures were edging up at $60.25 a barrel, up 13 cents, or 0.23%.
Although the front-month contract has sold off, the time spreads remain unchanged in the front month relative to the previous week. For WTI we still think 2H18 time spreads are still very strong and could weaken as US production rises in 2H18.
US PSM data update below shows normal growth from Feb/Mar’18 onwards in the absence of any unplanned outages. Front-month WTI-Brent spreads are at their strongest since August last year touching close to -$3/bbl on 1 Mar.
Trade-weighted dollar has strengthened by 0.3% recently, which is also likely to have contributed to some moves in commodity prices in general and oil prices in particular.
We stay long ICE Brent Jul’18 and short Jul’19 spread trade; long a Dec’18 NYMEX WTI Credit Call spread and long the Dec Brent $55-70 risk reversal.
FxWirePro launches Absolute Return Managed Program. For more details, visit:
