by Admin | Dec 5, 2019 | Uncategorized
Trump administration sources claim trade deal will be done by next weekOPEC+ continues to struggle with massive excess global oil production capacityU.S. factory orders expected to edge higherU.S. trade deficit expected to narrow sharply Trump administration sources...
by Admin | Dec 5, 2019 | Uncategorized
US 0730 ET Nov Challenger job cuts, Oct -33.5% y/y. 0830 ET Weekly initial unemployment claims expected +2,000 to 215,000, previous -15,000 to 213,000. Weekly continuing claims expected +20,000 to 1.660 million, previous -57,000 to 1.640 million. 0830 ET Oct trade...
by Admin | Dec 4, 2019 | Uncategorized
-Ethanol production ticks higher last week-Ethanol stocks rise slightly – first increase in four weeks U.S. ethanol production, for the week ended 11/29/19, ticked higher to 1.060 million barrels/day (312 million gallons/week) from 1.059 mbpd (311 mil gal/week)...
by Admin | Dec 4, 2019 | Uncategorized
-Record Brazilian corn area expected-US/China trade talk rhetoric continues on both sides-Argentine forecast adds rains late next week-China believed to buy Brazil soybeans for Dec-Jan-First Dec corn deliveries issued ï‚· A wire service poll of...
by Admin | Dec 4, 2019 | Uncategorized
Date TimeEventSurveyPrior12/4/2019 10:30DOE U.S. Crude Oil Inventories29-Nov–1572k12/4/2019 10:30DOE Cushing OK Crude Inventory29-Nov—97k12/4/2019 10:30DOE U.S. Gasoline Inventories29-Nov–5132k12/4/2019 10:30DOE U.S. Distillate...
by Admin | Dec 4, 2019 | Uncategorized
Bloomberg reported today that U.S. trade negotiators expect a phase-one trade deal with China will be completed before U.S. tariffs are set to increase on Dec 15, despite tensions over Hong Kong and Xinjiang where U.S. legislators voted to sanction Chinese officials...
by Admin | Dec 4, 2019 | Uncategorized
Trade talks appear stalled as President Trump expresses pessimism about a dealU.S. ISM non-manufacturing index expected to remain solidly above 50ADP expected to remain below par Trade talks appear stalled as President Trump expresses pessimism about a...
by Admin | Dec 4, 2019 | Uncategorized
US 0700 ET Weekly MBA mortgage applications. 0815 ET Nov ADP employment change expected +140,000, Oct +125,000. 0945 ET Revised-Nov Markit services PMI expected unrevised at 51.6, prelim-Nov +1.0 to 51.6. 1000 ET Nov ISM non-manufacturing index expected -0.2 to 54.5,...
by Admin | Dec 3, 2019 | Uncategorized
-Trade deal rhetoric takes turn for the worse-Brazilian soybean crop ideas tightly grouped for solid increase from last year-Argentine forecast mostly dry over coming 10 days-Russian wheat dominates in latest Egyptian tender ï‚· A wire service poll...
by Admin | Dec 3, 2019 | Uncategorized
Last Trading Day for these NOVEMBER FUTURES: Butter; Milk.TODAY is Last Trading Day for these NOVEMBER OPTIONS: Butter; Milk.November Butter and Milk — both futures and options — will cease trading at...