Commodities

OPEC pops the question – will Russia say ‘I do’?

OPEC is drafting an agreement to tie Russia into a so-called “super group” of oil producers. Details on the proposal are vague and the Kremlin’s willingness to consider such a betrothal is uncertain, despite some positive vibes between Russia and OPEC kingpin Saudi Arabia at the moment. In ...

Tech Talk for Friday February 16th 2018

Next Tech Talk report Next report is released on Tuesday February 20th. Monday is a holiday in the U.S. and Canada. Pre-opening Comments for Friday February 16th U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points in pre-opening trade. Index futures were virtually ...

US Indices on Course For Full House

Futures Point to Full Week of Gains After Sharp Correction US equity markets could end the week with a full house of gains as long as indices manage to hold onto the small gains being seen in futures ahead of the open. This would also bring an end to two shocking weeks for equity markets […] ...

Worst Week for the Dollar since 2015-2016, While Stocks Continue to Recover

Nearly all the major currencies have risen at least two percent against the US dollar this week.  The Canadian dollar is an exception.  It has risen one percent this week ahead of today's local session.  Sterling is becoming another exception after disappointing retail sales.  It is up jus ...

US Markets Regain Composure After Rough Two Weeks

Encouraging Gains in US Futures It would appear stock markets are starting to regain some of their composure following a couple of very volatile weeks in which US indices fell more than 10% from their record highs. The Dow and S&P 500 both posted more than 1% gains on Wednesday and futures are seein ...

Global Commodities Weekly Roundup: February 15

CommodityHQ.com provides weekly information about any material impact of a major economic, corporate and/or geopolitical event on the global commodities market. The report also analyzes the weekly change in prices of the major commodity futures and commodity focused ETFs as a result of market changi ...

Tech Talk for Thursday February 15th 2018

  StockTwits Released Yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Nil. No intermediate breakouts or breakdowns. Editor’s Note: After 10:00 AM EST, breakouts included UA, VFC, COTY and NOC. Breakdown: BIIB U.S. precious and base metal prices and related equities and ETFs ...

Fundamentals Remain Positive Despite Sell-Off

Despite the recent fluctuations and concern about major corrections in global equity markets, Craig Erlam, senior market analyst at Oanda, says fundamentals, like corporate earnings, remain positive. CAC Climbs on Strong German, Eurozone GDP Reports Futures Higher But Market Remains Vulnerable Will ...

The economic outlook for East Asia and the Pacific in six charts: Strong growth, easing moderately

Growth in the EAP region strengthened marginally to 6.4 percent in 2017, 0.2 percentage point higher than expected. The region continued to be a major driver of global growth, accounting for more than a third of it in 2017, mostly because of China’s significant contribution. Regional growth is pro ...

Vallourec Drilling Products Cuts About 150 Jobs In Texas

Vallourec Drilling Products, a subsidiary of Paris, France-based steel pipe maker Vallourec SA, will lay off roughly 150 employees in Texas, according to a regulatory filing. Vallourec specializes in making tubular products for the energy and other industrial sectors. It has about 19,000 employees w ...