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By Phil Flynn |
May 23, 2013
Fed Chairman Ben Bernanke does his best impression of a one-handed economist. But while the market focuses of the possibility of softening demand because of the Fed and China there was one area where demand actually improved...
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By Lu Wang and John Detrixhe, Bloomberg |
May 22, 2013
Treasuries tumbled with gold and the dollar rallied, while U.S. equities retreated, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve.
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By Jeremy van Loon and Rebecca Penty, Bloomberg |
May 22, 2013
Oil pipelines, under attack from environmentalists, are essential to Canada’s economic growth just as railroads were in the 1880s, Enbridge Inc. Chief Executive Officer Al Monaco said.
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By Kris Hicks |
May 22, 2013
June Natural Gas was unable to follow through on Monday evening’s bearish price action to fill the weekly close gap still left in the market from last week as it moved to its highest levels since the bearish ERVB down day on 05/02.
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By Dominick Chirichella |
May 22, 2013
So the battle between a weakening oil demand picture versus the support coming from the very accommodative monetary policies in the developed world economies continues with the winning side flip flopping back and forth.
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By Jack Scoville |
May 22, 2013
Coffee futures were lower again on what appeared to be speculative selling tied to big production ideas from Brazil as the harvest has started.
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By Phil Flynn |
May 22, 2013
Oil continues to look weak despite a rebounding euro and the cloud of Ben Bernanke. Products seemed to have topped because of frantic pre-holiday wholesale cash buying.
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By Gary Kamen |
May 21, 2013
Sugar prices are in a free fall now at prices we have not seen since July 2010. A major reason for last week’s drop was that it was reported the output nearly tripled in April at the main growing area of Brazil.
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By Anthony Lazzara |
May 21, 2013
Platinum is down big, trading down $28 to $1,457. Even though platinum is gaining media attention as an “alternative precious” metal to use as an investment, we still believe it is susceptible to downward price.
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By Jack Scoville |
May 21, 2013
Orange juice closed higher in recovery trading. Traders are wrestling with more reports of losses from greening disease on the one side and beneficial rains that have hit the state.