Ole S Hansen@Ole_S_Hansen 8hAnnual Tour de Charlottenlund with top Danish riders in my local hood. @LeTour stage winner @Mads__Pedersen looking for a second win0:351.6K views115
Ole S Hansen@Ole_S_Hansen 12hThe 16% #BCOM Spot Index correction since June has reduced the backwardation, but at 7.5% the 12m weighted avg. roll yield still signals tightness. This despite current recession focussed driven selling by macro funds. Paper vs physical market battle still at play #commodities712
Ole S Hansen@Ole_S_Hansen 14hIn #silver, a move above $20.34, the 50-day moving avg. and 50% retracement of the June to July selloff may signal a technical extension to $20.85 #XAGUSD728
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Francesco Sassi@Frank_Stones Aug 7The list of fertilizer and chemical plants shutting down or rationing in the EU is impressive. With these gas prices, the list will grow. According to @ICISOfficial, around 40% of urea production may have been cut in EU. Despite a possible recession, food prices will increase.681,0921,687
Ole S Hansen@Ole_S_Hansen 20hUS #CPI on tap this Wednesday with the market looking for a drop to 8.7%. Still a very wide discrepancy between current and future #inflation expectations32264
Ole S Hansen@Ole_S_Hansen 21hLower #crudeoil prices combined with the recent drop in refinery margins have all supported a noticeable price reduction at the pumps for #gasoline and #diesel12245
Ole S Hansen@Ole_S_Hansen Aug 6If you are planning a holiday in Bali and need a driver to show you around the island, I can warmly recommend Dwi. On the photo he is giving us some insights about rice production. Email : dwitransport@gmail.com Ph/WA: +62 81236230453257
Ole S Hansen@Ole_S_Hansen Aug 6The @UNFAO food price index slumped 8.6% last month with the y/y rise slowing to 13.1%. All sectors dropped with declines being led by veg. oils such as palm, soy, rapeseed and sunflower (-19.2%) and cereals such as #wheat and #corn (-11.5%) - #agriculture934
Ole S Hansen@Ole_S_Hansen Aug 6COT on #commodities in wk to Aug 2 showed cont selling of #crudeoil and #natgas. Short covering in metals with #gold returning to a net long. #Grains buyers returned after net hit a two-year low, down 64% since April. The first #sugar net short since June 2020. #OOTT2261
Ole S Hansen@Ole_S_Hansen Aug 6Industrial metal stocks at LME and SHFE monitored warehouses hit a fresh multi-year low last week. Worth watching should the global demand outlook, especially in China, as reported this past week, show signs of improving #copper#Aluminum#zinc2359
Ole S Hansen@Ole_S_Hansen Aug 6#EIA's latest inventory report showed cont. softness in demand for #gasoline from US motorists. #Crudeoil stocks rose by more than expected as SPR releases continue and refinery demand softened with margins hitting a four-month low #OOTT11633
Ole S Hansen@Ole_S_Hansen Aug 6Global #container#freight rates continue to show weakness on the major China to EU and US routes. Last week the Drewry composite rate dropped to $6.6k/40ft box, a 14 month low but still more than double to 2017-21 avg at $3.2k #supplychain2341
Ole S Hansen@Ole_S_Hansen Aug 6Low #gas supplies from Russia and increased competition for #LNG from Asia into the autumn keeping the cost of winter #TTF 2022/23 prices very elevated at 195/MWh or $58.5/MMBtu310
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Ole S Hansen@Ole_S_Hansen Aug 6The EU #gas market has seen stocks rise to 71% of full, in line with the 5-yr avg, as punitively high prices curb industrial demand while supporting strong imports of #LNG.12056
Ole S Hansen@Ole_S_Hansen Jul 29My fellow Twitter users. Please block and report this #imposter using an a instead of an e in my last name. Thank you all for your support 11540
VeloNews@velonews Jul 27Jonas Vingegaard receives a hero's welcome in Copenhagen. #tdf2022 Massive crowds cheer recently crowned yellow jersey in return home after first Danish win since 1996.velonews.comMassive crowd cheers Tour de France winner Jonas Vingegaard in CopenhagenRecently crowned Tour winner is cheered on by multitude from same square where his Tour journey began a month ago.1471
Ole S Hansen@Ole_S_Hansen Jul 27Sunset over Bali from Gili Air5190
Giovanni Staunovo@staunovo Jul 19Halliburton profit jumps about 41% on strong drilling demand #oottreuters.comHalliburton profit jumps, sees strong oil drilling demandOilfield services provider Halliburton Co on Tuesday posted a 41% increase in second-quarter adjusted profit compared to the first quarter, and predicted years of growth in demand for drilling.1141
Ole S Hansen@Ole_S_Hansen Jul 19The speculative #EC_f gross short (red) hit a 28-mth high at 222k lots ( 27.8 bn) last Tuesday. The bulk of that short, however, was already established before #EURUSD dropped below 1.035, so accelerated short-covering would require an even bigger correction #forex1326
Ole S Hansen@Ole_S_Hansen Jul 19#Agriculture: Challenging crop weather in North and especially South America during the past two seasons has yet to show any signs of improving. @NOAA expects La Ni a (lower-than-normal sea temperatures across the equatorial Pacific Ocean) will continue through 2022.923