Crude Oil, Metals Likely to Rise if US Jobs Data Stokes QE3 Bets

Crude oil, copper and precious metals prices are likely to rise if a slowdown in US job creation stokes expectations of the near-term arrival of new Fed stimulus.

Crude oil, copper and precious metals prices are likely to rise if a slowdown in US job creation stokes expectations of the near-term arrival of new Fed stimulus.

S&P 500 technical positioning warns of a pullback while the safe-haven US Dollar is poised to recover, hinting at renewed risk aversion ahead.

European PMI services are in with mixed results, with France coming in better than expected and Germany and Italy a bit worse. EC coming in pretty much as expected…

Gold, silver and copper prices are looking to the ISM gauge of US manufacturing activity for direction. Crude oil has decoupled amid uncertainty about Iran.

As Europe ratifies the new EU fiscal pact and attempts to negotiate a solution to Greece, inflation in the 17-nation Euro bloc remains above target rates…

Crude oil, gold, silver and copper prices are rising as a pick-up in risk appetite weighs on the US Dollar but the move higher doesn’t seem to have staying power.

The US Dollar is facing selling pressure as a robust pick-up in risk appetite across financial markets weighs on haven demand but optimism appears highly fragile.

The Euro is showing evidence of the nexty major lower top but we still would not discouThe Euro is showing evidence of the nexty major lower top but we still would not discount the potnetial for a ush higher towards the 100-Day SMA by 1.3370 before underlying downtrend reasserts.nt the potnetial for a ush higher towards the 100-Day SMA by 1.3370 before underlying downtrend reasserts.

See the article here: EUR/USD Classical Technical Report 01.31 var addthis_pub = ”; var addthis_language = ‘en’;var addthis_options = ‘email, favorites, digg, delicious, myspace, google, facebook, reddit, Buzz, more’;

See the article here: USD/JPY Classical Technical Report 01.31 var addthis_pub = ”; var addthis_language = ‘en’;var addthis_options = ‘email, favorites, digg, delicious, myspace, google, facebook, reddit, Buzz, more’;