Ole S Hansen
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oleshansen.bsky.social
Ole S Hansen
@oleshansen.bsky.social
Commodities Strategist based in Copenhagen
May 22, 2025 at 7:38 AM
May 20, 2025 at 7:05 AM
May 12, 2025 at 6:56 AM
Market Quick Take – 8 May 2025
www.home.saxo/content/arti...
May 8, 2025 at 7:35 AM
Container shipments on route to the US from China show signs of bottoming out
May 7, 2025 at 7:18 AM
The US trade deficit widened by more than expected to a fresh record $140.5 billion in March, a 14% increase from the prior month, as companies rushed to import products ahead of tariffs, especially driven by consumer goods, incl pharma, capital equipment and motor vehicles
May 7, 2025 at 7:17 AM
Market Quick Take - 7 May 2025 #equities #forex #bonds #commodities social.saxo/fd2rqwu via
@saxobank
May 7, 2025 at 7:16 AM
May 6, 2025 at 6:50 AM
April 30, 2025 at 6:49 AM
April 28, 2025 at 7:44 AM
#Gold: Support levels to watch following yesterday's blowout top and sharp reversal: 3292, 3228 & 3164 #XAUUSD
April 23, 2025 at 7:20 AM
April 22, 2025 at 6:53 AM
Mag Seven pre-market weakness led by Nvidia
April 16, 2025 at 8:28 AM
April 16, 2025 at 8:23 AM
#USD weakness is a significant part of the ongoing #gold strength, with gains in current go-to currencies (JPY, CHF, and EUR) somewhat lower.
April 16, 2025 at 8:22 AM
As #gold goes from strength to strength, watch #silver, which, following the recent clearout, trades relatively cheaply around a XAUXAG ratio of 100, well above the 3-year average around 85.
April 16, 2025 at 8:21 AM
A prolonged decline in spot U308 #uranium, down 16% YTD and 31% YOY continues to weigh on mining companies and ETF/Trust trackers
March 12, 2025 at 1:43 PM
#OPEC keeps their 2025 global #crudeoil demand outlook unchanged for a fourth month at 1.45 million b/d.
IEA's MOMR will be published on Thursday
March 12, 2025 at 1:33 PM
In the past four years, Iran and Venezuela's #crudeoil production has risen by 1.64 million b/d, lifting their share of #OPEC's total production from 10.6% to 15.7%. During the same period, the three GCC members of OPEC have reduced their production by 1.6 million b/d.
March 12, 2025 at 9:11 AM
#Brent continues to find support below $70, and #WTI above $65, with the recovery attempt focusing on the EIA cutting its oversupply forecast, while OPEC+ production increases in the short-term may get dwarfed by US attempts to enforce Iran and Venezuela sanctions.
March 12, 2025 at 9:11 AM
#Copper stocks monitored by the three major futures exchanges held steady this week at an elevated five-year high at 616k tons, with declines in London (-5.7k) and New York (-2.4k) being offset by an 8.2k increase in Shanghai
February 28, 2025 at 12:00 PM
Looking for support at $2813 ahead of the key at $2,790 level. We see this as a healthy correction before a fresh push towards USD 3,000 and beyond.
February 28, 2025 at 7:44 AM
Global #container #shipping rates falls by 6% to $2,629 per 40ft box, a YoY decline of 25%. This marks the 7th weekly drop and the lowest rate since Dec 2023, just before Houthi attacks closed the Red Sea route and caused prices to spike. Losses led by the two major China to US routes.
February 28, 2025 at 7:42 AM
Where gold goes, #silver follows, but often at a faster pace. The current correction has pushed #XAG lower towards the centre of the range that has prevailed since Nov. Focus on the 0.5 and 0.618 Fibo levels at $31.08 and $30.54, with the latter also being the 200-day moving average.
February 28, 2025 at 7:39 AM
Of the Mag7, potentially reduced to six soon, only $META and $NVDA (just) trade up on the year.
February 24, 2025 at 9:02 AM