Singapore Foreign Reserves (MoM) increased to 279.9B in December from previous 279.6B

WTI turns negative below $ 61.50, lower rigs count still supports

WTI (oil futures on NYMEX) is seen consolidating the recent upmove, as the bulls gather pace for a sustained move above the $ 62 mark ahead of the wee
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Gold retreats back to $1316 on notable USD strength

   •  Strong USD recovery prompts profit taking.    •  Further weighed down by risk-on mood/positive US bond yields. Gold traded with a mild negativ
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