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Posts Tagged ‘commodities’

0 Jul 8 2011 @ 10:58am by Matt Smith in Capital Markets, Crude Oil, Global Energy, Natural Gas

Burrito bites

Happy Friday! And as we plough through this first full week of the month, we have had a bumper crop of data releases to feed the market, all harvested in a short trading week too. Economic data has been decidedly mixed, with Nonfarm Friday leaving financial markets shaken not stirred today. This has erased a good chunk of this week’s rally in the crude market, while natural gas tethers itself around the 200-day moving average, as a whopper of a weekly storage injection stymies prices once more.  Hark, another Friday feast:   » read more

0 Jul 1 2011 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

Burrito bites

Friday, a long weekend ahead, and Q3 kicked off – reasons to be cheerful, 1-2-3. And this week has brought the familiar twists and turns. Well actually, crude had been on the straight and narrow (higher) for most of this week, egged on by the exuberance of the response to the approval of a Greek austerity package, which has essentially ensured the survival of the Eurozone in its current form…for now. As for the good ship nat gas, it has shown moderate progress after bouncing from strong support around $4.20ish, as summer weather supports higher cooling demand, while the first-named storm of this Atlantic hurricane season reminds us we never know what is around the corner – so keep your eyes on the prize (exhibit 1, left). A long weekend awaits, so be sure to load up on sustenance: » read more

0 Jun 10 2011 @ 10:55am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

Burrito bites

Hooray for Fridays! And wowee – what a week it has been. The Opec meeting was a stormingly spectacular car-crash of a coming-together. As it descended to the depths of publicly-displayed dissatisfaction, natural gas was experiencing a volcanic rise higher before being struck down by lightning weekly storage. But enough chat for now, let’s chow: » read more

2 Jun 1 2011 @ 10:54pm by Matt Smith in Crude Oil, Economy, Global Energy

File Under: Yep, I’m pretty sure that’s a smile

Yep, I finally squeezed out a smile on CNBC. Hark, click on the below link to launch to my appearance on the Squawk Box set in NYC: 

0 May 13 2011 @ 10:46am by Matt Smith in Crude Oil, Natural Gas, Random

Burrito bites

Happy Friday 13th! The movement in Commodityland™ this week has been far less scary than it could have been; crude has avoided a horror story, being as choppy as an axe-murderer but ultimately trading sideways. Meanwhile, natural gas has avoided the chop, pretending to be the undead and flatlining all week (taking a shoulder-month snooze, it would seem). But enough of frights, let’s hit the bites: » read more