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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 Aki Ito, Bloomberg |
May 23, 2013
Federal Reserve Bank of San Francisco President John Williams, emphasizing the need for policy flexibility, said any move to reduce the pace of the central bank’s bond buying could be followed by an increase should the economy weaken again.
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By Jack Scoville |
May 23, 2013
Sugar closed lower as the ISO continued to estimate big production and big supplies around the world. The close was weak and implies that further losses are coming.
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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 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.
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By Alexis Xydias, Bloomberg |
May 20, 2013
The most-indebted U.S. companies are rallying more than any time in almost four years compared with the rest of the stock market amid the broadest rally since at least 1995.
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By Jack Scoville |
May 20, 2013
Cotton closed last week higher in range trading. The new crop months were firmer on the informal planted area estimates and forecasts for some rain in production areas this week to keep planting slow.
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By Lorraine Woellert, Bloomberg |
May 17, 2013
Americans’ confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
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By Nicholas Larkin, Bloomberg |
May 17, 2013
Gold bears are dominant again after prices resumed their slump and billionaire George Soros joined investors selling holdings in exchange-traded products that have retreated to a two-year low.
