It's a Snap!

Tuesday, April 25, 2017 Today's Spotlight Market UK Prime Minister Theresa May shocked the financial markets when she announced a snap general election upon Parliament's return from the Easter Recess last week. While the Fixed Term Parliament Act was designed... Read More...

Beef Prices Rally as Grilling Season Begins

Friday, April 21, 2017 Today's Spotlight Market This afternoon, livestock traders will stay late after the close of trading as the USDA will release data for the monthly Cattle on Feed report due out at 2 pm Chicago time. Here... Read More...

Gold Leading Precious Metals Prices Higher

Wednesday, April 19, 2017 Today's Spotlight Market One potential way that some traders look for clues as to the strength of the global economy is to compare the performance of Gold versus some of the more industrial of the precious... Read More...

Bond Prices Becoming Overbought?

Friday, April 14, 2017 Today's Spotlight Market Both large and small speculators are favoring the short side of the Treasury Bond futures market according to the most recent Commitment of Traders report. For the reporting period ending April 4, the... Read More...

Tension is Golden for Metal Traders

Thursday, April 13, 2017 Today's Spotlight Market Geopolitical tension and outside market support have been a driving force behind Gold's recent rise. Last week's US air strikes on Syrian targets has created tension between the US and Russia. US Secretary... Read More...

A Disappointing Friday

Wednesday, April 12, 2017 Today's Spotlight Market The non-farm payrolls for March came in much lower than anticipated. In March, 98,000 jobs were created, lower than the expected 180,000. January's job growth was reduced to 216.000 from 238,000 while February... Read More...

Will OPEC Cuts Fail on Shale?

Tuesday, April 11, 2017 Today's Spotlight Market Crude Oil futures have been on a tear of late, driven by potentially tighter global output and geopolitical events. The first several months of the new administration had been relatively quiet on the... Read More...

Traders Anticipating "Solid" Payrolls Report

Friday, April 7, 2017 Today's Spotlight Market The following are the average pre-report estimates for this morning's Non-farm Payrolls report: Non-farm Payrolls: +180,000 estimate vs. 235,000 February Unemployment Rate: 4.7% estimate vs. 4.7% February Ave. Hourly Earnings: +0.3% estimate vs.... Read More...

Soybean Rally Crushed By Bearish Planting Intentions

Wednesday, April 5, 2017 Today's Spotlight Market Here are the actual figures from Friday's USDA reports: U.S. Stockpiles as of March 1 Corn: 8.616 billion bushels (Actual) vs. 8.55 billion bushels (Estimate) Soybeans: 1.735 billion bushels (Actual) vs. 1.68 billion... Read More...

Gold Solid on Manufacturing

Tuesday, April 4, 2017 Today's Spotlight Market Gold futures have held steady around the 1250-1265 range recently, despite the rebound in the US Dollar Index. The metal started the week on a strong note after New York Fed President William... Read More...