UBS

Daily Energy Report

This week’s trade in the oil market may witness bottoming action take place, as the U.S. election begins to move to center stage. There may also be an exit from the markets by hedge funds that close their books on Oct 31st, but the impact they actually exert may be somewhat limited in the near-term as their long positioning has already been reduced.

CurveAheadMarketStrategies.com Morning Coffee Break

Welcome to Thursday’s Morning Coffee Break – U.S. markets struggled the first 3 sessions of the week as its on pace for the largest weekly move in 4 months.  However, in today’s pre-market U.S. futures are pointing to bounce higher at the open as traders approached not only end of the week but the end of the 3rd quarter.