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By Anthony Lazzara |
May 24, 2013
The yen is now firmly above our key pivot level of 97.60, and we have a technical target on the upside at 100.24 to indicate we believe the short covering in the yen still has room to run.
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By Phil Flynn |
May 24, 2013
Can you taper up? Oil Prices rebounded after a big fall in part because of a misunderstanding. Apparently you can taper up as well as taper down in what I guess you can call the tale of the taper.
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By Jack Scoville |
May 24, 2013
Cocoa closed lower on good weather in Africa and weak demand ideas. Ideas are that processors are not active in the market right now and are hoping for lower prices before buying again.
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By James Stafford |
May 24, 2013
If you want an objective view of energy, ask an economist, who can tell you what to expect to pay at the pump in the coming years, and why, as well as what to expect from medium- and long-term economic growth and what the real drivers will be.
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By Alexis Xydias and Inyoung Hwang, Bloomberg |
May 24, 2013
U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will retreat for a third day, as investors weighed this week’s Federal Reserve stimulus announcements and data showing a rise in durable goods orders.
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By Nicholas Larkin, Bloomberg |
May 24, 2013
Gold traders are the most bullish in a month after Federal Reserve Chairman Ben S. Bernanke signaled record stimulus will continue until the economy improves.
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By Alasdair Macleod |
May 24, 2013
The net gold position of the four largest traders, which we can assume are all bullion banks, on May 14 was long for the first time for as long as records are available, shown in the chart below.
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By Kris Hicks |
May 24, 2013
June Natural Gas moved considerably higher on Thursday following a lower than expected injection into storage and propelled the market to its highest close in three weeks.
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By Robert McCurtain |
May 24, 2013
Marginal recovery following possible key reversal day suggests that short-term uptrend may be over.
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By Sungwoo Park |
May 23, 2013
Copper was set for a weekly gain amid concerns that an accident at the world’s second-biggest mine may curb supply.
