by Admin | Oct 13, 2021 | Uncategorized
U.S. CPI expected to remain strong and provide evidence against the transitory inflation themeFOMC minutes likely to underline the likelihood of QE tapering “soon”Debt ceiling raised through December30-year T-bond auction U.S. CPI expected to remain strong...
by Admin | Oct 13, 2021 | Uncategorized
US 0700 ET Weekly MBA mortgage applications.0830 ET Sep CPI expected +0.3% m/m and +5.3% y/y, Aug +0.3% m/m and +5.3% y/y. Sep CPI ex-food & energy expected +0.3% m/m and +4.0% y/y, Aug +0.1% m/m and +4.0% y/y.1300 ET Treasury auctions $24 billion 30-year...
by Admin | Oct 13, 2021 | Uncategorized
-Corn conditions 60% good/excellent vs 59% expected (58-59% range of ideas), 59% last week, 61% last year-Corn harvested 41% complete vs 42% expected (38-46% range of ideas), 29% last week, 31% average-Soybean conditions 59% good/excellent vs 58% expected (57-59%...
by Admin | Oct 12, 2021 | Uncategorized
Since mid-Jun’s bearish divergence in weekly momentum and with Jul-Aug’s resumption of May-Jun’s initial counter-trend slide, we’ve discussed the technical elements in place that are typical of major peak/correction/reversal environments. ...
by Admin | Oct 12, 2021 | Uncategorized
Date Time Event Period Survey Prior10/12/2021 11:00 Export Inspections – Corn 7-Oct — 808.8k10/12/2021 11:00 Export Inspections – Soybeans 7-Oct — 844.5k10/12/2021 11:00 Export Inspections – Wheat 7-Oct — 611.6k10/12/2021 12:00...
by Admin | Oct 12, 2021 | Uncategorized
Aug U.S. JOLTS job openings expected to hit new record highHouse today expected to provide final approval of debt ceiling increase10-year T-note yield rises to 4-1/4 month high3-year and 10-year T-note auctions Aug U.S. JOLTS job openings expected to hit new record...
by Admin | Oct 12, 2021 | Uncategorized
US 1000 ET Aug JOLTS job openings expected +16,000 to 10.950 million, July +749,000 to 10.934 million.1115 ET Fed Vice Chair Richard Clarida participates in a virtual discussion at the Institute of International Finance annual meeting.1130 ET Treasury auctions $58...
by Admin | Oct 11, 2021 | Uncategorized
Weekly market focusU.S. payroll report may delay QE taperingHouse expected to finalize passage of the debt ceiling increase on TuesdayCovid infection levels continue to steadily drop Weekly market focus — The markets this week will focus on (1) Fedspeak and...
by Admin | Oct 11, 2021 | Uncategorized
US n/a Columbus Day. Stock and commodity markets open. Interest rate trading and Fed closed.JAPAN 0200 ET Japan Sep machine tool orders, Aug +85.2% y/y.1950 ET Japan Sep PPI expected +0.2% m/m and +5.8% y/y, Aug unch m/m and +5.5% y/y.ITALY 0400 ET Italy Aug...
by Admin | Oct 8, 2021 | Uncategorized
-Early Argentine corn planting ahead of last year as well as the 5 year average