Barclays Capital
Barclays Capital
Barclays Investment Bankis the investment banking division of the British multinational Barclays bank headquartered in London. It provides advisory, financing and risk management services to large companies, institutions and government clients. It is a primary dealer in U.S. Treasury securities and various European Government bonds...
area close company complete continue due either lack obvious question situation strike workers
We continue to question how close the situation now is to either complete company withdrawal from the area or a strike by workers due to the obvious lack of security.
continue expect forecast minutes rate risk suggest tone upside
We continue to expect two more rate hikes, but the dovish tone of the minutes suggest that upside risk to this forecast is limited.
broader charts closely correction further market near phase signs subject technical term towards trend weakness
The market could be subject to further weakness in the near term towards $535. The technical charts will be closely monitored in this correction phase for any signs of a broader trend reversal.
appear continues environment favorable market overall
The market continues to appear well-supported and we see the overall macroeconomic and geopolitical environment as favorable for gold.
close markets pricing seem zero
The markets seem to be pricing in close to zero probability of something going wrong.
alone barrels expected gasoline loss order output plants potential
The loss in potential gasoline output from these plants alone is expected to be of the order of 600,000 barrels a day.
crude dichotomy flush market products tight
The dichotomy in the US market between tight products and flush crude has become more pronounced.
although comfort crude current demand falling given growing high inventory levels oil product stocks unusually
The current high levels of U.S. inventory is of little comfort given that it is the product of an unusually high level of seasonal maintenance. Although crude stocks are rising, product stocks are falling and U.S. oil demand is growing strongly.