Commodity markets keeping us entertained We may be in pause mode when it comes to stock markets, after they hit new records last week but thankfully, commodity markets are providing plenty of interest. The oil rally has stalled a little, with Brent running into some resistance around $66 but we're hardly seeing the sellers coming in and taking charge. That said, if momentum starts to lag then that could make $67-68 an even tougher resistance for it to overcome without potentially seeing some profit taking or a correction first. Naturally, that may change very quickly in the event of another escalation in the Gulf ... (full story)