Monthly Archives: October 2010

Grain Calls and News -Futures Broker

WHEAT – Down 3 to 5 cents per bushel. End-of-month and end-of-week profit-taking lending pressure in addition to weight from a firm dollar. * Dry weather is a concern in the U.S. Plains winter wheat growing region, especially in western Kansas and Colorado. It appears that a dry pattern has become firmly entrenched in the… read more

Currencies News / Futures Broker

Currencies news – Daily Report: Yen Up Mildly, Dollar Steady ahead of US GDP Yen strengthen broadly today as risk sentiments are hit by disappointing production data from Japan and Korea. Asian equities are broadly lower also as investors lighten their positions ahead of Q3 GDP data from US today as well as a line… read more

Cotton News – Future Broker

Cotton news – 0925 EDT [Dow Jones] – Cotton futures rebound early Friday, supported by supply concerns amidst continued high demand. Prices fell yesterday following a nearly 50% reduction in weekly U.S. export sales from the previous week, a sign that high prices forced mills to slow their purchases. But analysts say despite the drop,… read more

Grain Calls and News / Futures Broker

WHEAT – Up 10 to 12 cents per bushel. Boosted by dry weather in key wheat areas of the U.S. Plains, including western Kansas, and in west Australia. Dryness also a concern in portions of the U.S. Midwest soft red winter wheat region. Weak dollar also supportive, as is a rumor that China may have… read more

Initial Jobless Claims – Futures News, Broker, Commodities News (10/28/2010)

* Initial jobless claims fall 21,000 last week * Claims lowest in three months * Continuing claims lowest in nearly two years WASHINGTON, Oct 28 (Reuters) – New U.S. claims for unemployment benefits fell last week to a three-month low, hinting at some improvement in the listless labor market. Initial claims for state unemployment benefits… read more

EIA Energy Stocks – Futures and commodities News

NEW YORK, Oct 27 (Reuters) – U.S. crude oil futures prices pared losses on Wednesday after after a government oil inventory report showed a large drop in gasoline stockpiles last week, against a forecast for stocks to be up slightly. The U.S. Energy Information Administration’s report showed crude stocks rose 5.01 million barrels, more than… read more

Durable Goods 10/27/2010 – Futures News

* Durable goods orders rise 3.3 pct in Sept * Orders ex-transportation fall 0.8 pct * Business spending proxy slips 0.6 pct WASHINGTON, Oct 27 (Reuters) – Demand for long-lasting U.S. manufactured goods, excluding aircraft, unexpectedly slipped last month and a key gauge of business capital spending plans also fell, underscoring the economic recovery’s tepid… read more

Reversal Dates for the week of October 25 – October 29

Monday – S&P, Dollar index, Eurocurrency, British pound Tuesday – Wednesday- Thursday – Corn, Soy meal, Dow Jones, Coffee Friday – Soybeans, Bean oil, Crude oil, Treasury bonds, Dollar index… read more