You can track the Q2 roll and financing costs for equity index futures with CME Group’s “Roll Tracker.” Last trading day for June contracts is Thursday, June 18.
El-Erian: Fed to “Engage Again” in Treasury Buys – Reuters U.S. Consumer Mood Improves, but Price Worries Emerge – Reuters U.S. Natgas Rig Count Below 700, First Time Since ’02 – Reuters Setback for Eurozone Recovery Hopes – FT Long View: Surreal Goings on in the Commodities Show – FT Oil Falls on OPEC Output, [...]
Crude oil futures were lower this morning after crossing $73 a barrel on Thursday. According to a Bloomberg article, a record plunge in European industrial production prompted speculation that bets on an economic recovery are premature. OPEC also announced that May output from its 12 members averaged 28.27 million barrels a day, up 135,000 barrels [...]
iStock Analyst‘s “Prudent Speculation“ columnist took note of one of our new tv commercials running on CNBC, in which people talk about commodities in three different settings: an airport, gym and office. “I caught a commercial the other day on one of the bought and paid for mainstream financial media outlets, CNBC I think but [...]
Dollar Will be a Wild Card for Stocks This Year – MarketWatch Oil Rises For Third Day on U.S. Data – MarketWatch Economic Data Fuels Hope – Reuters China Import Data Drives U.S. Copper to 8-Month High – Reuters Crop Prices May Rise as Reserves From Last Year’s Harvest Dwindle – AP/Chicago Tribune Mortgage Rates [...]
Natural Gas Cheap, but Get Ready for a Rally by Phil Streible Natural gas has been the worst-performing commodity this year, falling more than 30 percent since the end of December and sliding to a six-year low in April. Weakness in the U.S. dollar, which has buoyed many commodities, including crude oil, has failed to [...]
Wall Street’s Connection to Crude Oil a Volatile One – MarketWatch China’s Commodity Spree May be Short-Lived – NYTimes Oil Rallies Above $71 – CNNMoney Fed Says Economy Weak, but Sees Signs the Slide Easing – Reuters U.S. Sweetens 10-Yr. Note Sale to Draw Wary Buyers – Reuters U.S. Gold Falls on Dollar Rise, Weak [...]
Crude oil has now ticked above $71 a barrel, a seven-month high, after the Energy Information Administration (EIA) raised its demand outlook for 2009, and a report late Tuesday from the American Petroleum Institute (API) showed oil supplies fell 5.96 million barrels to 357.9 million last week, the lowest level since March. The EIA releases [...]
Crude Ends Above $70, Helped by Weaker Dollar – MarketWatch The Markets are the Message – MarketWatch Treasurys Stay Up After Sale of 3-Year Notes – MarketWatch Bond Dealers Say Futures Traders’ Rate Bets Wrong – Bloomberg Ethanol Blend Hike May Require Half of U.S. Corn Crop – Bloomberg Copper Prices Rise as Dollar Slumps, [...]
Crude Oil Top Not In, Still Opportunities for Bulls By Tim Haberkorn Worries about inflation are heating up. Investors have been looking for inflation hedges and turning to commodities. A lot of that interest is directed at the energy markets, sending crude oil to new highs for the year at just above $70 a barrel. [...]
