Commodities

Amidst A Sea Of Red

The entire commodity complex is down today as the POSX has strengthened following yesterday's FOMC minutes. read more ...

EIA: US Crude Stockpiles Rise For Fourth Straight Week

U.S. crude oil stockpiles rose last week for the fourth straight week, led by a notable increase in inventories at the Cushing, Okla., hub, while gasoline and distillate stocks fell, the Energy Information Administration (EIA) said Oct. 17. Crude inventories rose 6.5 million barrels in the week to O ...

Using the Commodity Channel Index to Spot Trends

Commodities traders often use strategies including mean reversion and other technical indicators to trade commodities. In order to do so, they need to measure the volatility and momentum trends in a commodity. The Commodity Channel Index (CCI) helps investors identify changes in momentum by analyzi ...

Asia market update : Focus on Yuan

Asia market update: Focus on Yuan   Surprising busy start even with the absence of Hong Kong in the mix The hawkish warm-up ahead of tonight’s FOMC minutes delivered by San Francisco’s new President Daly is creating some noise today after she said late in the NY session she does think it’s a ...

You just know that something good is going to happen

Cloudbusting: you  just know that something good is going to happen   US markets In the span of a mere 24 hours two of my most pressing question may have been answered, correctly, can the anomalously robust US equity market hang on in the face of mounting global risks? And are we entering a perio ...

Markets stable for now but risks pile up

Saudi in the spotlight as lies start to unravel Investors may not be feeling particularly comfortable yet but we are seeing some welcome stability in the markets on Tuesday, with Europe posting small gains following a mixed session in Asia overnight. US futures are also pointing a little higher whi ...

The buck cannot find a bid

Tuesday October 16: Five things the markets are talking about The ‘big’ dollar came under pressure yesterday and is finding it difficult to gain much traction this morning as investors taking profit on U.S assets outweighs concerns about Italy, Brexit and a Sino-U.S trade war. Furthermore, twi ...

Tech Talk for Tuesday October 16th 2018

Next Tech Talk report Next report is scheduled to be released on Monday October 22nd Observations Out of the ashes? Still smoking!!! All-time closing high prior to the big day: Wednesday.   StockTwits Released Yesterday @EquityClock Goldcorp $GG $G.CA, a TSX 60 stock moved above$11.00 U.S. comp ...

Commodities Weekly: Gold at 2-1/2 month high as safe haven status reborn

Precious metals are on the rebound as the US dollar goes in to pause mode after recent gains, while base metals firm up on supply-side issues. Crude oil prices push higher amid geopolitical tensions while weather-related supply side issues help agricultural commodities. Precious metals GOLD advance ...

Daily Markets Broadcast – 2018-10-16

Daily Markets Broadcast 2018-10-16 Wall Street weaker, pressured by tech sector The Friday rebound on Wall Street proved fleeting as selling restarted yesterday, led by the tech sector amid concerns about earnings reports. Gold topped the dollar as the go-to safe haven, while Brexit stalemate and ...