Market news – Weekly Jobless claims down slightly.

New U.S. claims for unemployment benefits showed marginal improvement over last week. Initial claims for state unemployment benefits were down 1000, to a seasonally adjusted 400,000, according to the labor department report. Economists had forecast claims rising to 405,000.… read more

Reversal dates for the week of August 1 through August 5.

Monday – August 1 – Corn, Wheat, S&P, Dow Jones, Sugar Tuesday – August 2 – Copper Wednesday – August 3 Thursday – August 4 – Heating oil, British pound, Cotton Friday – August 5 – Corn, Bean oil… read more

Market news – U.S Jobless claims rise more than expected!

Today Jobless Claims reported that claims for unemployment benefits rose more than expected last week, suggesting the labor market continues its struggle to regain momentum after two months of lower job growth. Initial claims for state unemployment benefits increased 10,000 to aseasonally adjusted 418,000, the Labor Department said.    Economists polled by Reuters had forecast… read more