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AUD & GBP longs increase - ING

Analysts at ING point out that both AUD and GBP net long positioning increased on the week, registering a bullish signal in their weekly sentiment indicator.

Key Quotes

“NZD longs were pared amid election uncertainty, while EUR and CAD positions are normalising as the positive impulse from central bank policy shifts shows signs of fading.”

“USD positioning overall remains net short and close to 5-year lows; constructive tax reform talk this week - while not our base case - could be a reason for some of these short positions to unwind.”

 

Fed's Dudley: Temporary factors depressing US inflation are fading - LiveSquawk

New York Fed President William Dudley is crossing the wires, with key quotes, via LiveSquawk, found below: Temporary factors depressing US inflatio
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WTI keeps pushing higher, in daily highs around $51.40

Crude oil prices are trading on a bullish note at the beginning of the week, now lifting the barrel of West Texas Intermediate well above the $51.00 m
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