Economy Blog Posts

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Today’s Futures News Strat Grains trims EU wheat hopes, but ups barley Strat Grains trims EU wheat hopes, but ups barley. Strategie Grains raised its estimate for the European Union barley harvest, citing bigger spring sowings than it had thoug...

Financials: June Bonds are currently 11 higher at 143’06 and the 10 Yr. Note 2 higher at 131’09. This mornings weekly Jobless Claims fell by 23,000 versus a average expectations of a drop of 18,000. In the last 24 hours the Bonds have had quite a...

Today’s Futures News SOFTS HIGHLIGHTS: Top Stories of the Day NEW YORK–Arabica-coffee and raw-sugar prices tumbled to multiyear lows as outlooks for record supplies of the two commodities–largely from the world's biggest grower...

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Today’s Futures News Commodities traders acquire power stations The Swiss-based commodities traders are expanding into assets, buying or leasing anything from refineries to pipelines and terminals. Now Vitol, the largest oil trader, has bought...

New York, May 22 (FinanceEnquiry.com) – In view of the fact that investors anticipated a report on US crude stocks and most recent visions of the Federal Reserve on the US economy, the cost of oil slipped on May 22. In electronic trading on the New...

DE:PPI 2:00 AM ET   GB:CPI 4:30 AM ET   GB:Producer Price Index 4:30 AM ET   US:ICSC-Goldman Store Sales 7:45 AM ET   US:Redbook 8:55 AM ET...

Financials: June Bonds are currently 2 higher at 143’26 and the 10 Yr. Note 1 lower at 131’25.0. Treat as a trading affair between 143’00 and 146’0. We remain short the July Bond 141’00/147’00 strangle from the 68 point level. This strang...

Hello Fellow Traders, All the recent scandals emerging from Washington DC reminded me of a quote from the great economist Milton Friedman “If you put the federal government in charge of the Sahara Desert, in 5 years there would be a shortage of san...

Financials: June Bonds are currently 16 higher at 144’15 and the 10 Yr. Notes 6.5 higher at 132’02.0. For the moment we are looking at the Bonds as a trading affair between 143’00 and 146’00. On Friday we sold the July Bond 141’00/147’00...

Today’s Futures News Riverstone leads talks on $1bn commodities venture David Silbert, the head of commodities at Deutsche Bank between 2007 and 2012, plans to launch TrailStone this year. He said the negotiations with Riverstone and other stra...

US:Chicago Fed National Activity Index 8:30 AM ET   AU:RBA Meeting Minutes 9:30 PM ET...

Today’s Futures News Tougher times for commodities trading titans After a decade of booming profits, the commodities trading titans are facing headwinds. That, in a nutshell, is one of the key takeaways of the 360-page maiden bond prospectus fr...

CA:CPI 7:00 AM ET   US:Consumer Sentiment (p) 9:55 AM ET   US:Leading Indicators 10:00 AM ET...

Financials: June Bonds are currently 12 lower at 145’02 and the 10 Yr. Notes 3.5 lower at 132’11.5. Yesterday the Bonds rallied about 1’16 on disappointing ecominc reports: CPI was down 0.4% slightly lower than expectations of -0.3%. Jobless Cl...

Today’s Futures News Falling gold price sparks sell off – Sydney Morning Herald An overnight fall in the gold price below $US1400 ($1416) an ounce sparked a sell-off of local mining stocks, as commodities slipped on weak global economic d...

EMU:HICP 5:00 AM ET   EMU:Merchandise Trade 5:00 AM ET   US:Consumer Price Index 8:30 AM ET   US:Housing Starts 8:30 AM ET   US:Jobless Claims 8:30 AM ET   US:Bloomberg Consumer Comfort Index 9:45 AM ET   US:Philadelphia...

Today’s Futures News Aussie Dollar Trades Near 11-Month Low After Commodities Decline The yield on Australia's benchmark three-year government note declined one basis point to 2.59 percent after the Standard & Poor's GSCI Index of...