by Admin | Mar 25, 2020 | Uncategorized
Fed’s balance sheet soars to record high with supportive implications for stocksCongress has huge hole in the economy to plug with stimulus SPX rallies sharply but only gets back to last week’s levelsDollar falls back as Fed starts to quench...
by Admin | Mar 25, 2020 | Uncategorized
US 0700 ET Weekly MBA mortgage applications. 0830 ET Feb durable goods orders expected -1.0% and -0.4% ex transportation, Jan -0.2% and +0.9% ex transportation. Feb capital goods new orders nondefense ex-aircraft expected -0.4%, Jan +1.1%. 0900 ET Jan FHFA house price...
by Admin | Mar 24, 2020 | Uncategorized
-Slowing ethanol production remains in the spotlight-US winter wheat condition improvements continue-Brazilian soybean exports not materially impacted – yet-China’s top-producing corn province raising corn subsidies-Malaysia orders closure of some palm oil...
by Admin | Mar 24, 2020 | Uncategorized
Date TimeEventSurveyPrior3/24/2020 10:00New Home SalesFeb750k764k3/24/2020 15:00Poultry Slaughter LW YOY%Feb–5.70%
by Admin | Mar 24, 2020 | Uncategorized
Fed becomes “lender of last resort” to nearly everyone, sidestepping intermediariesCongressional leaders play hardball with rescue billStocks slide into the close Fed becomes “lender of last resort” to nearly everyone, sidestepping...
by Admin | Mar 24, 2020 | Uncategorized
US 0945 ET Preliminary-Mar Markit U.S. manufacturing PMI expected -7.2 to 43.5, Feb -0.8 to 50.7. Mar Markit services PMI expected -7.4 to 42.0, Feb -4.0 to 49.4. 1000 ET Feb new home sales expected -1.8% to 750,000, Jan +7.9% to 764,000. 1000 ET Mar Richmond Fed...
by Admin | Mar 23, 2020 | Uncategorized
-Chinese SBM rally strengthens soycomplex overnight-Equity markets rebound strongly after Fed announcement this morning-Argentine port strike averted-EU wheat yields seen declining-Russian wheat prices stabilize after 7-week decline-Wheat rallies on Russian export...
by Admin | Mar 23, 2020 | Uncategorized
Date TimeEventSurveyPrior3/23/2020 11:00Export Inspections – Corn19-Mar–97788.00%3/23/2020 11:00Export Inspections – Soybeans19-Mar–43636.00%3/23/2020 11:00Export Inspections – Wheat19-Mar–44965.00%3/23/2020 15:00Cold Storage-Total...
by Admin | Mar 23, 2020 | Uncategorized
Weekly market focusMarkets wait for virus-relief billFed and central banks around the world slowly calm the markets with liquidity blast Scale of the U.S. economic damage will be massiveEurope is hit hardMarkets see extraordinary moves Weekly market...
by Admin | Mar 23, 2020 | Uncategorized
US 0830 ET Feb Chicago Fed national activity index expected -0.04 to -0.29, Jan +0.26 to -0.25. CANADA 0830 ET Canada Jan wholesale trade sales, Dec +0.9% m/m. EUR 1100 ET Eurozone Mar consumer confidence expected -6.4 to -13.0, Feb +1.5 to -6.6. JAPAN 2030 ET Japan...
