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By Dominick Chirichella |
June 5, 2013
Oil prices are starting the day higher after a mostly bullish API oil inventory report released late yesterday afternoon. The main surprise was a 7.8 million barrels draw in crude oil stocks.
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By Phil Flynn |
June 5, 2013
Goldman Sachs says that the Fed will say goodbye to easing and start to tapper bond buys in September. The so called taper is sending stocks lower but oil is hanging tough.
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By Kris Hicks |
June 4, 2013
July Natural Gas finished the session virtually unchanged on Monday after being unable to hold the early morning rally into the close and settled back below the daily mid-range.
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By Phil Flynn |
June 4, 2013
For oil, despite yesterday's tipper taper rally parade the market still has to overcome the fact that supply in the U.S. is overwhelming. Brent crude, though, is a bit more delicate and led the rally higher.
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By John Caiazzo |
June 3, 2013
Investors are finding that “fear” may be appropriate now that their worst fears are coming to fruition as U.S. interest rates rose this week creating the potential for “stalling” what has been an “economic improvement” in the markets.
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By Phil Flynn |
June 3, 2013
Data overnight is a mish mash but there is nothing in it to inspire an energy rally. Now with stocks faltering on turmoil in Turkey and some mixed data out of China and Europe, the downside slide looks to continue.
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By Dan Gramza |
May 30, 2013
Grains will continue sideways today while energies and stock indexes are trading more on perception than real fundamentals.
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By Anthony Lazzara |
May 29, 2013
All 10 groups in the SP 500 index are declining today, as the market shows more concern over a slowdown in China combined with a potentially soon slowing of the Federal Reserves’ stimulus program.
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By Phil Flynn |
May 29, 2013
Oil prices are falling as a sharp rise in yields is raising concerns that the Fed may be closer to tapering off on bond purchases.
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By Sholom Sanik |
May 28, 2013
Sugar prices continue to trend lower and are now trading at a three-year low. According to the ISO, there will be a global production/consumption surplus of 8.5 million tonnes for the 2012-13 marketing year. The ISO forecasts another surplus for the new crop year.
