Commodity

The rally in Cocoa futures higher this week is all technical. Once 2560 price level broke, 2600 was the next price level traders needed for the market to close above.
January soybean futures were making a push higher into the final hour of trade but hit a snag when reports from Washington said “US-CHINA TRADE TALK HIT SNAG OVER FARM PURCHASE”.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
Each afternoon Ira Epstein gets you up to speed on what happened in the metals futures markets. He focuses on relevant economic and geopolitical topics that affect the precious metals and base metal markets.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
Each afternoon Ira Epstein gets you up to speed on what happened in the metals futures markets. He focuses on relevant economic and geopolitical topics that affect the precious metals and base metal markets.
Corn futures were softer to start the week as market participants continued to digest Friday’s delayed WASDE report. The delay provided a pop from algo buying but was short-lived as participants realized it wasn’t a bullish report.
December live cattle started the week under moderate pressure but were able to defend the lower end of last weeks trading range, 118.20-118.525. So long as the bulls continue to defend this pocket, they remain in clear control.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
Each afternoon Ira Epstein gets you up to speed on what happened in the metals futures markets. He focuses on relevant economic and geopolitical topics that affect the precious metals and base metal markets.