Are Traders Looking Past Today's Non-farm Payrolls Report?

Friday, December 2, 2016 The following are pre-report estimates for the November Non-farm Payrolls report: Non-farm Payrolls: +175,000 Jobs vs. +161,000 October Unemployment Rate: 4.9% vs. 4.9% October Hourly Earnings: +0.2% vs. +0.4% October Average Workweek: 34.4 hours vs. 34.4... Read More...

Copper Prices Stumble after Brief Run to Yearly Highs

Wednesday, November 30, 2016 Large speculators have embraced the recent rally in Copper prices adding to existing net-long positions the past week. According to the most recent Commitment of Trader's report, non-commercial traders added an additional 1,499 new net-long positons... Read More...

OPEC Deal Falling Apart?

Tuesday, November 29, 2016 Crude Oil futures are lower this morning, as traders are beginning to doubt that a deal will be reached to cut output. In September, OPEC ministers had an informal meeting in Algeria where a tentative handshake... Read More...

Brexit Budget Battles

Monday, November 28, 2016 Last Wednesday, UK Chancellor of the Exchequer Phillip Hammond delivered his first Autumn Statement. The Autumn Statement is one of two semiannual reports from the Treasure department to Parliament and this was the first such report... Read More...

Fed Expectations Hit Gold?

Tuesday, November 22, 2016 Gold futures rebounded yesterday after hitting a 9-month low on Friday. The US Dollar Index has been on a tear since the election, which has hurt the metal's appeal as an investment vehicle. Businesses have been... Read More...

Now the 2017 Election Season Begins

Monday, November 21, 2016 As 2016 draws to a close, traders are still try to interpret what the surprise decision of the UK to leave the EU and the election of Donald Trump will mean for global economics and financial... Read More...

Was the U.S. Presidential Election the Catalyst to End the Bond Bull Market?

Friday, November 18, 2016 Despite Bond prices starting to turn lower, we have not seen much change in the yield curve since the beginning of the year, In fact, comparing the 2yr/30yr curve from January 4 to current we see... Read More...

Russian Comments Offset Increased Crude Supplies

Thursday, November 17, 2016 Traders saw a larger than expected build for Crude inventories last week at the same time higher refining utilization led to unexpected builds for both Gasoline and Distillates. The weekly Energy Information Administration (EIA) energy stocks... Read More...

Inflation Questions Pressure the Pound

Wednesday, November 16, 2016 On Tuesday, the UK Office of National Statics released the eagerly anticipated inflation report for October. In September, the Consumer Prices Index rose by 1%, which was the quickest rise in inflation since November of 2014.... Read More...

Dollar Rallies as Traders Look to New Administration

Tuesday, November 15, 2016 The US Dollar Index extended its gain, rallying to 11-month highs on the expectation that demand for the greenback would pick up under the Trump administration. Traders are optimistic that the incoming administration will increase fiscal... Read More...