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Wednesday, June 06, 2007

Spread traders sparking Heating Oil rally!

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Normally, Heating Oil futures are quiet in the summer, as traders focus on Gasoline supplies going into the peak US driving season. However,...

The European World Waits

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Much of the currency world is awaiting the European Central Bank’s monetary policy decision. The European Central Bank’s interest rate decis...

Energy Traders Focus on Products

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RBOB – RBOB Gasoline is down for the third consecutive day, as the market appears well-supplied at the moment. Prices at the pump have begun...
Tuesday, June 05, 2007

Canadian Dollar reaches new highs

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S&P – Stock indexes are slightly higher this morning on speculation that M&A activity will continue to blossom. Kirk Kerkorian indic...

Dollar continues to fall

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The EUR/USD broke through the 1.3500 mark last night from positive PMI Service numbers, posting 57.3 verses 57.1 forecasted. The PMI is the ...

Got bull market?

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If you thought the rising cost of Crude Oil was bad, just check out what is going on in the Milk market. Growing worldwide demand, lower US ...
Monday, June 04, 2007

China Sinks Global Shares

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S&P – Stock indexes are lower coming into trading this morning, led by a meltdown in the Chinese stock market. The CSI 300 Index fell ov...

Balanced Start?

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At the start of the currency week, most majors are trading in familiar places, despite the current sell-off happening in China. The Shanghai...

Melted Chocolate

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Cocoa futures continue to struggle, falling to 4-week lows in early trading this morning, as forecasters are calling for a smaller Cocoa def...
Friday, June 01, 2007

Big Numbers Day

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Even with the overwhelming amount of fundamental data released this morning, no clear direction has been determined in the markets. Breaking...

Payrolls rebound in May!

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US payrolls improved in May, rising by 157,000 jobs, or nearly double the revised 80,000 job gain in April according to the Labor Department...

Gold Jumps on Supply Cut

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Gold – December Gold is trading $6 higher this morning after a statement by the European Central Bank (ECB) that it plans to halt sales of t...
Thursday, May 31, 2007

Analysts’ opinions mixed on tomorrow's non-farm payrolls report

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Economists and traders have a relatively wide range of estimates on tomorrow's payroll figures. On the low end are those looking at yest...

Asia Rebounds

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Asian indexes were able to shrug off a day of heavy losses after China announced a hike in stamp duties on mainland stock trades. A defiant ...

Too little too late?

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That is the question being asked by energy traders as several US refinery operations restart just as the peak US driving season is underway....

Bonds Unable to Get the Ball Rolling

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Bonds – Bonds are posting modest gains after the Q1 GDP figure this morning, which came in at 0.6 percent to surprise even the most pessimis...

Kiwi Climbing

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The New Zealand and Australian Dollars have had good runs this morning, pushing to .7372 (Kiwi) and .8288 (AUD) against the US Dollar. In ea...
Wednesday, May 30, 2007

Crude Recovers, Stock Fall

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Crude Oil – July Crude Oil is up slightly this morning after losing over two dollars in yesterday’s trade. Refineries have been running smoo...

Gold continues to consolidate, but for how long?

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Gold futures have been taking a breather of late as long liquidation, moderate European central bank selling, and weaker Oil prices have tak...

Pound and Euro Down

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The US Dollar got a small reprieve this morning with both the Pound and the Euro trading lower. Both pairs took a beating on weak Euro PMI n...
Tuesday, May 29, 2007

Let the weather markets begin!

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With the Memorial Day holiday behind us, commodity traders will turn their focus to the grain markets with the start of the potentially vola...
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