You are currently browsing the SereneLoi.com weblog archives for the day Monday, December 14th, 2009.

Market Brief – 14Dec – Asian

Posted by sereneloi on 14 Dec 2009 7:53pm under TRADING: Notes

Asian Session: Risk Appetite Improves Slightly as Dubai World Gets Bailout Risk appetite firmed slightly in the Asian session, as the government of Abu Dhabi agreed to fund $10bn to Dubai World, with $4.1 used to repay property unit Nakheel. Markets rallied on the positive news, but sentiment still feels heavy, as worries abound over [...]


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Oil Commentary – 14Dec

Posted by sereneloi on 14 Dec 2009 6:25pm under ENERGY

WTI dipped below the $70 mark, a level not seen since mid October, following signs that OPEC do not plan to cut out when they meet on December 22nd. Concerns that the demand for oil is not running as fast as one would have hoped has seen oil fall back from the $82 level seen [...]


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Gold & Silver Commentary – 14Dec

Posted by sereneloi on 14 Dec 2009 6:07pm under PRECIOUS

Since rallying above the $1200 level, the decline in the price of gold has been dramatic. Following Fridays pullback to 4 week lows, the price stabilised in early trading and moved ever so slightly to the upside. Relief at the Dubai situation has pushed people back in to the market, but all eyes will now [...]


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FX Commentary – 14Dec

Posted by sereneloi on 14 Dec 2009 5:05pm under FOREX

The Euro rose against the Dollar following the announcement from Dubai that they were getting bailed out by their oil rich neighbor Abu Dhabi. With fears of a default receding, investors bought currencies that paid a higher rate of interest than the greenback. Eyes will now look towards the FED interest rate decision, scheduled for [...]


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