USDCAD TECHS: Bear Cycle Still In Play For Now

Nov-04 08:17

* RES 4: 1.4432 2.000 proj of the Jan 30 - Mar 31 - May 1 price swing * RES 3: 1.4415 High Apr 01 '2...

Historical bullets

OPTIONS: Expiries for Oct05 NY cut 1000ET (Source DTCC)

Oct-05 08:16
  • EUR/USD: $1.1250-60(E1.9bln), $1.1275(E919mln), $1.1300(E1.0bln), $1.1325(E1.1bln), $1.1350(E500mln), $1.1375(E2.1bln), $1.1400(E3.7bln), $1.1550(E3.0bln), $1.1700(E2.3bln)
  • USD/JPY: Y155.70($1.0bln), Y155.96-00($2.5bln)
  • USD/CAD: C$1.4200($532mln)

OIL: Aramco Warns On Long-Term Supply Issues

Oct-05 08:15

“OCEAN FREIGHT HAS BEEN HIT HARD, SUPPLY CHAINS ARE TIGHT - SAUDI ARAMCO CEO AMIN NASSER”

  • “EMERGENCY RESERVES MAY BUY US A WINTER BUT CANNOT FIX LONG-TERM SUPPLY - ARAMCO CEO”
  • “UNTIL HORMUZ FULLY RE-OPENS AND CONFIDENCE RETURNS, PRESSURE ON OIL AND PRODUCTS WILL INTENSIFY - ARAMCO CEO”
  • “REPLENISHING INVENTORIES WHILE MEETING DEMAND COULD TAKE UP TO TWO YEARS - ARAMCO CEO”
  • “THE WORLD ENTERED CRISIS WITH ALMOST 10 BLN BARRELS OF OIL STOCKS - ARAMCO CEO”
  • “NEARLY 3 BLN BARRELS OF GROSS OIL SUPPLY HAS BEEN LOST, OR ABOUT HALF THE CRUDE AND PRODUCTS THAT WOULD NORMALLY HAVE MOVED THROUGH HORMUZ - ARAMCO CEO”
  • “OIL SUPPLY LOST HAS BEEN MITIGATED BY MORE THAN A BILLION BARRELS FROM THOSE STOCKS, MOST COMING FROM ONSHORE COMMERCIAL INVENTORIES WHICH IS 'LAST MAJOR TOOL IN BOX' - ARAMCO CEO”
  • “LESS THAN 6 BLN BARRELS OF COMMERCIAL INVENTORIES REMAIN TODAY, WITH VAST MAJORITY NOT PRACTICALLY AVAILABLE - ARAMCO CEO”

GLOBAL: "*IDF SAYS KILLED HAMAS COMMANDER WHO TOOK PART IN OCT. 7 [...]

Oct-05 08:07

"*IDF SAYS KILLED HAMAS COMMANDER WHO TOOK PART IN OCT. 7 ATTACK" - BBG