U.S. Economy: Spending Slows, Inflation Accelerates – Bloomberg Coffee Rises on Concern Storm to Damage Supplies in New Orleans – Bloomberg Wheat Heads for Biggest Weekly Drop Since March on Bigger Crops – Bloomberg September: The Horror Story. Does it Deserve its Reputation of Being Bad for Stocks? – MarketWatch Gold Ends Slightly Lower…Biggest Monthly [...]
What follows is a consolidated schedule for trading on some of the most popular North American futures markets for the Labor Day 2008 holiday, including early closes on Friday, August 29. All times are CST (Chicago time). The schedule is taken from sources that Lind-Waldock believes are accurate and are subject to change. The schedule [...]
S&P futures were down in early trade a worse-than-expected corporate earnings report from Dell, an uptick in oil prices, and a report showing personal spending in July dropped from June’s pace. The Commerce Department reported a 0.2 percent rise in consumer spending, slower than the 0.6 percent increase in June. Personal income fell 0.7 percent [...]
Best Farm Economy Since 1970s Comes With Expense Risks – Bloomberg European Retail Sales Fall for Third Month – Bloomberg Bernanke, Aiming to Curb Market Risks, Met NYSE, CME Chiefs – Bloomberg Fed May be Pressed for More Liquidity Steps – Reuters U.S. Economy Shows Vigor in Q2, But May be Flagging – Reuters Freezer [...]
Oil Rises Above $117 as Gustav Threatens Gulf – RealClearMarkets Dollar on the Rise, For Now – Financial Times Record Drop for Home Prices – RealClearMarkets Credit Crunch Deeper and Wider – BusinessWeek FDIC: 117 Troubled Banks – RealClearMarkets Don’t Believe the Fed Hike Hype – TechTicker/Yahoo Finance Durable Goods Post Strong Increases in June/July [...]
The latest fundamental reports are indicating the U.S. economy is getting perhaps little stronger, giving a boost to stock index futures in early trade. The Commerce Department reported U.S. durable goods orders rose 1.3 percent in July, higher than analysts had expected. September S&P futures were last trading at 1271.50. Senior Market Strategist Jeff Friedman [...]
By Frank D. Cholly The U.S. dollar’s rally, which started in mid-July and has continued through August, has led many commodities lower in the past few weeks. However, there is one unique commodity that hasn’t fallen with the rest, and that commodity is sugar. Read mor or watch the video below. <span class=”mceItemObject” classid=”clsid:D27CDB6E-AE6D-11cf-96B8-444553540000″ id=”ooyalaPlayer_4vnlf_fke0qbno” [...]
Fed Officials Agree Next Rate Move Will Be Increase – Bloomberg Dollar Rises to Six-Month High on Bets Global Economy Slowing – Bloomberg Consumer Confidence Bounces – Reuters Fannie, Freddie Capital Can Absorb Losses: Report – Reuters Corn Falls Into Third Day as Dollar Strengthens – MarketWatch Housing Hasn’t Bottomed Yet, Don’t Bother Chilling the [...]
Will U.S. Follow Up Japan into a Decade of Stagnation – The Economist Markets Stuck in a Vortex of Volatility – The New Yorker It’s Deflation, Stupid – RealClearMarkets Recessions are Good for the Economy – Telegraph U.S. Treasuries Climb on Concern Credit-Market Turmoil Widening – Bloomberg U.S. Economy: Home Resales Rose More than Forecast [...]
Thirsty Corn Setting up For Bounce By Phil Streible Corn futures are ticking higher this morning, as a late start to planting and dry August weather could be setting up for a fall bounce. From a technical point of view, the chart pattern looks set up for a move above the 50-day moving average, which [...]
