Futures Market Update

Crude Oil

Signs of cease–fire talks in Middle East pressed Sept crude lower, 74.00 USD. Main supports could offer nice intraday buying, a break lower indicates tests of 71,20/bbl long term supports.

Gold

Gold drop continues. A break of current support at 615 should take Gold below $600 again where fresh buying should come in as seen before around $590 -595/oz

Bunds

Bunds experienced a strong closing last week and signs of recovery from last few months sell-off on ECB rate hike fears temporaily over.. .. US GDP figs and Beige book later on this week. 116,00 main support should hold, but selling intraday 116,37 target 116,20 Stops above 116,45