RESEARCH FOCAL POINTS: HOPES FOR OPEC DEAL DWINDLE ON PRE-MEETING COMMUNICATIONS

The Organization of the Petroleum Exporting Countries (OPEC) is scheduled to meet on Nov 30th to discuss the deal set last time around in Algiers. The prospective deal, as discussed at the 170th OPEC (Extraordinary) meeting, was for an OPEC-14 production target of 32.5-33.0 Mb/d in order to, “…accelerate the ongoing drawdown of the stock … Read moreRESEARCH FOCAL POINTS: HOPES FOR OPEC DEAL DWINDLE ON PRE-MEETING COMMUNICATIONS

Research Focal Points: Gold Trends as Fed Hike Cycle Kicks Off

Gold Investors have been shortchanged for the past several years, as the bullion has taken a dive from the $1920.80 highs, put in place in 2010, all the way down to the $1061.00 lows set earlier in 2015. A bevy economic events have placed pressure on the yellow metal. Tough measures by the India’s government … Read moreResearch Focal Points: Gold Trends as Fed Hike Cycle Kicks Off

Research Focal Points: Crude Fades as Rumor-mill Goes Dark and Prospects for Output Ramp Escalates

Last week Crude Oil has rebounded to $34.40 from the $27.56 lows set in late January on the back of rumors of a 5% cut in oil production to be discussed at an emergency OPEC meeting that was to take place in March or as early as February. The 25% pop is likely to be … Read moreResearch Focal Points: Crude Fades as Rumor-mill Goes Dark and Prospects for Output Ramp Escalates

Research Focal Points: All Eyes on Dec 4th OPEC Meeting

The 12 national OPEC ministers meet this December 4th in Vienna for the 168th (Ordinary) OPEC conference and it is likely to be an unpleasant meeting as tensions between member nations and Saudi Arabia mount on over-supply concerns. Indonesia’s OPEC membership will likely become formalized at the meeting. Analysts widely expect the target to remain … Read moreResearch Focal Points: All Eyes on Dec 4th OPEC Meeting

Research Focal Points: King TUT The 2s Over 10s US Treasury Spread Trade Outlook

The Fed is expected to begin its process of normalizing rates this December. Recent commentary from Fed’s Bullard (hawk), who is a non-voting member until he joins the member rotation in 2016, alludes to a greater than 50% chance of a hike as early as Sep. Getting short the TUT (A yield spread constructed by … Read moreResearch Focal Points: King TUT The 2s Over 10s US Treasury Spread Trade Outlook

Research Focal Points: The Fed’s Interest Rate Glide Path

The Fed’s Janet Yellen delivered her semi-annual testimony this week with a hawkish tone, signaling that rates need to “normalize” sooner rather than later. The Fed’s timetable is certainly not carved in stone. Yellen explained that the Fed is prepared to take their first step towards policy normalization, “…at some point during 2015”. The Sep … Read moreResearch Focal Points: The Fed’s Interest Rate Glide Path