Market Overview

DiNapoli Levels "D-Levels": Video - EUR/USD, Gold, Rubber, Palm Oil - Week of May 6th



I've posted our MarketPlus video commentary for this upcoming week of May 6th which you can view from our link below covering FX (NASDAQ: CME), Gold (Comex), Rubber (Tocom) and Palm Oil (BMD)
As I'm writing this from Singapore, it will be interesting to see the results of many going to the polls for a turn in Malaysia. Palm oil futures ended a weekly loss of 2% due to poor export data. On Friday, gold inched higher in light trading early on before a drop with modest recovery but held under   resistance levels shown in our report.
TOCOM exchange remained closed Friday on account of Constitutional Memorial Day. Crude rubber stockpiles held at Japanese warehouses rose 2 percent to 15,976 metric tons on April 20, according to data from the Rubber Trade Association of Japan (- Reuters).
The interest in electronic FX trading is certainly gaining ground. You can see the post I have on the EUR/USD and outlook for managing risk around trades this week. I've also included an extra section comparing a trade on futures versus an outright option or spread combo.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Commodities Forex Markets Trading Ideas


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