CME Group Forex E-Mirco futures contracts are priced at one-tenth the size of the existing CME currency futures contracts and provide a cost-effective way to access the dynamic foreign exchange market with the security, transparency and liquidity of CME Group. The new contracts launched on March 23, and are exclusively traded on the CME Globex® [...]
U.S. Stocks Surge, Dow up More than 375 on Treasury Plan – MarketWatch Bugs Trimuphant About Gold, Terrified About U.S. – MarketWatch Uncertainty Persists, Even as Stocks Pull Higher – MarketWatch Yen, Dollar Weaken on Bets Bank Plan Will Reduce Safety Demand – Bloomberg Copper Rises to Four-Month High in New York as China’s Imports [...]
Obama Bear Market Rally Searches for Base Amid Doubt – Bloomberg Gold Soars Most in Six Months as Dollar Drops; Silver Climbs – Bloomberg Copper Surges to 4-Month High as Fed Plan Spurs Hedge Demand – Bloomberg Fed Moves Gives Raw Materials a Shot in the Arm – Reuters Fed Plan May Lower Rates, but [...]
Treasuries, stocks and commodities from soybeans to silver staged big breakouts after the Federal Reserve announced plans to buy $300 billion in Treasuries and $750 billion in mortgage-backed securities. April gold futures surged above $950 an ounce and crude oil rallied above $50 a barrel. MF Global Research Analyst Nick Kalivas said the Fed’s actions [...]
Fed to Buy Long-Term U.S. Goverment Debt – Reuters U. S. Inflation Rises, Trade Gap Sinks Sharply – Reuters Faith in Commodities Grows: Fund Managers Survey – Reuters Corn Falls as Farmers Increase Sales After Rally to 7-Week High – Bloomberg Dollar Falls Most Since 2000 on Fed’s Plan to Buy Treasuries – Bloomberg Oil [...]
The Federal Reserve kept interest rates unchanged but said it will buy $300 billion in long-term Treasury bonds. The Fed also plans to buy mortgage-backed securities and the agency debt of Fannie Mae and Freddie Mac. The move aims to boost bond prices, thus forcing the yield on long-term interest rates down. The ultimate hope [...]
By Jim Barrett I’ve been involved with the Treasury bond market since 1979, originally as a floor trader, and recall how bond trading was king back then. However, the spotlight dimmed as the U.S. government began to get its fiscal house in order during the late 90s; so much that it was even able to [...]
U.S. Economy Shows Signs of Crawling Out of Hole – Reuters Oil Rises as U.S. Housing Data Lifts Markets – Reuters U.S. Rural Economy Holds Fast in Recession – Reuters U.S. Housing Starts Rebound, Producer Prices Rise – Reuters Where Have All the Gold Bugs Gone? Huge Shift Among Gold Timers From Bull to Bear [...]
Fed’s Bernanke Sees Recession Ending This Year – MarketWatch A Few Who Got it Right: Commentary: What do Those Who Called the Downturn Think? – MarketWatch Oil Rallies Above $47 to 10-Week High as Stocks Gain – MarketWatch Natural Gas Rigs Shutting Means Prices May Double – Bloomberg Bernanke May Buy Treasuries After Gilt Yields [...]
Join Lind-Waldock for two free live webinars this week. On Monday, March 16 at 3:30 CT, Lind Plus Senior Market Strategist James Barrett takes a look at how China’s comments about their lack of confidence in U.S. Treasuries has impacted the interest rate market, and what it may mean going foward. Get trading strategies and [...]
