Stronger 'Greenback" Fails to Suppress Copper Prices

Wednesday, February 22, 2017 Today's Spotlight Market Large speculators were busy liquidating long positions in Copper futures last week which was apparent by the price action seen in the market. According to the most recent Commitment of Traders (COT) report,... Read More...

Oil Prices Hold Steady Despite Large Storage Build

Friday, February 17, 2017 Today's Spotlight Market Here are the highlights from Wednesday's Energy Information Administration's Energy Stocks report: Crude Oil Inventories: + 9.527 million barrels Current Totals: 518.119 million barrels Gasoline Inventories: + 2.846 million barrels Current Totals: 259.063... Read More...

Traders Still Doubt Fed Will Raise Rates at March FOMC Meeting

Wednesday, February 15, 2017 Today's Spotlight Market While U.S. equity markets continue to make new highs, we saw large speculators reduce their overall net-long position in the 2 leading stock index futures contracts. According to the most recent Commitment of... Read More...

Fears of a Frexit?

Monday, February 13, 2017 Today's Spotlight Market After the two 2016 electoral shocks with the UK voting to leave the European Union and the USA election of Donald Trump as president, investors are cautiously approaching the upcoming French presidential election.... Read More...

Corn Prices Near 7-Month Highs Following Supply/Demand Report

Friday, February 10, 2017 Today's Spotlight Market On Thursday, the USDA released its monthly supply and demand report for grains and oilseeds. Corn prices traded on both sides of unchanged following a smaller than expected U.S. stockpiles estimate of 2.32... Read More...

Will Weak Wage Growth Keep the Fed from Raising Rates in March?

Wednesday, February 8, 2017 Today's Spotlight Market Those traders who follow the Fed Funds futures market for a gauge of market sentiment regarding the Federal Reserve potential interest rate moves will note that the probably of a rate hike at... Read More...

Dollar Slump, Uncertainty Fuel Gold

Tuesday, February 7, 2017 Today's Spotlight Market Gold futures have rallied to their highest level in almost three months, as the US Dollar flounders and traders remain uncertain over the state of the US economy. Traders have lost faith in... Read More...

All About The Numbers

Monday, February 6, 2017 Today's Spotlight Market Friday saw the release of the first non-farm payroll numbers for 2017. In January, 227,000 jobs were created, which is above the consensus 175,000 jobs expected. The unemployment rate ticked up from 4.7%... Read More...

Dollar Out of Favor

Thursday, February 2, 2017 Today's Spotlight Market The cash US Dollar Index fell after yesterday's FOMC statement in which the central bank decided to keep monetary policy on hold. The Committee cited inflation as one of the reasons for keeping... Read More...

Precious Metals Rally as Dollar Strength Fades

Wednesday, February 1, 2017 Today's Spotlight Market Both large and small speculators are holding overall net-long positions in the precious metals sector, with the large specs being more aggressive in adding to the long positions of late. According to the... Read More...