The Traderszone Network

Russian oil min Novak out with comments. Livesquawk reporting 17 Oct
– oil prices good for current projects, too low for future
– sees positive trend in oil talks
Brent crude currently $51.60 in retreat from $ 52.00 again. WTI $50.01 from $50.30 highs

Currently 0.9020 after having had a look at 0.9000
0.9000-50 still covers it for the time being.
Offers:   
0.9050
0.9070-75 0.9100 0.9155 0.9200
Bids:    0.8985 

Currently 1.2182 in retreat having failed to get above 1.2200 in that early USD supply
I expect GBP to remain on the back foot for the foreseeable future and remain a rally seller.

Currently 0.7591 in retreat back down through 0.7600
Exporter demand nearby at 0.7580
Offers:   0.7620  0.7685 
0.7635
0.7650
0.7700 0.7720 (strong)
Bids:      

Softer equity tones as the day/week officially gets underway 17 Oct
– FTSE -0.1%
– DAX -0.4%
– CAC40 -0.4%
– FTMIB -0.2%
– IBEX -0.5%
In China the SCI closes down -0.7%, CS1300 Index -0.8%

The move demonstrates the importance of the LBMA Gold Price as the world’s most important benchmark price for gold.

Return on assets is a fundamental metric that you must understand in order to assess a bank’s health, but it doesn’t stand alone. Looking at leverage, ROA, and the assets themselves helps give a more complete picture of what’s going on with a bank.

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