by admin | Apr 11, 2019 | Uncategorized
EU grants UK only a 6-month Brexit extension Minutes show most FOMC members are not thinking about rate cuts ECB meeting is in line with expectations U.S. core PPI expected to ease slightly 30-year T-bond auction to yield near 2.89% EU grants UK only a...
by admin | Apr 10, 2019 | Uncategorized
EU moves toward granting a long Brexit extension at today’s summit Minutes will provide details of dovish March 20-21 FOMC meeting ECB meeting tone will be dovish US/EU exchange tariff threats over Airbus/Boeing subsidies 10-year T-note auction to yield...
by admin | Apr 9, 2019 | Uncategorized
USDA will release the monthly WASDE supply/demand balance sheet report, providing updates of U.S. demand ideas, as well as global balance sheet revisions. This month’s report will provide the first look at the USDA’s view...
by admin | Apr 9, 2019 | Uncategorized
-Improved crop conditions weigh on wheat overnight -China to review anti-dumping duties on US DDGS -Corn planting across the south mostly ahead of average -Egypt rejects French wheat cargo -USDA reports at 11:00 AM CT – trade estimate summary included...
by admin | Apr 9, 2019 | Uncategorized
UK awaits EU verdict on length of Brexit deadline extension Clarida today speaks on Fed’s monetary policy framework JOLTS job openings expected to remain strong 3-year T-note auction to yield near 2.32% UK awaits EU verdict on...
by admin | Apr 8, 2019 | Uncategorized
Weekly global market focus Markets remain patient so far on slow-moving US/Chinese trade talks Key issue is the length of Brexit deadline extension at Wednesday’s EU summit Q1 earnings growth expected -2.2% y/y as earnings season begins Weekly...
by admin | Apr 5, 2019 | Uncategorized
Markets expect a recovery in today’s March payroll report — The consensus is for today’s March payroll report to show an increase of +175,000, improving to a more normal level after Feb’s disappointing report of +20,000. The...
by admin | Apr 4, 2019 | Uncategorized
-Trade deal appears near -Record Indian wheat crop expected -No USDA sales announcements -Overall wet Midwest pattern keeps planting concerns elevated -Soybean sales strong on Chinese buys, wheat strong, corn disappointing ï‚· A...
by admin | Apr 4, 2019 | Uncategorized
-Soybean sales stronger than expected -Corn sales weaker than expected -Wheat sales better than expected -SBM/SBO sales solid U.S. soybean sales, for the week ended 3/28/19, were stronger than expected at 1.972 MMT (72.4 million bushels) as all of the...
by admin | Apr 4, 2019 | Uncategorized
Optimism grows about US/Chinese trade deal France delays the mandate to begin US/EU trade talks, risking Trump auto tariffs No-deal Brexit fears fade as Parliament approves bill while May-Corbyn negotiating teams meet today Claims expected to remain favorable...