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Thursday’s Economic & #Commodity #Futures Perspective

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...

EIA WEEKLY #ETHANOL DATA REPORT

-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)...

#Commodity #Futures Calendar Wednesday

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...

Overnight Market News #Futures

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...
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