Tag Archives: Commodity Trading

ADP Employment Report for May 4, 2011 – Economic News, Economic Report, Futures Trading News, Futures Trading, Commodity Trading, Futures Trading Brokerage firm, Futures Brokers, Commodity Brokerage firm, Commodity brokers

This months ADP report shows a month on month slow down in the the growth of private payroll.   This months number was 179,000 which was down from March’s 207,000.  Traders should keep a close eye on Friday’s employment report to get a better read on the over all job sentiment;  Friday’s report may be disappointing as… read more

MBA Purchases Applications for May 4, 2011 – Economic Report, Futures Trading, Futures Trading News, Commodity Trading, Futures and commodities trading brokerage firm, Trading news, Futures brokerage, Commodity brokerage

The past four weeks of  for MBA purchase applications has been rather inconsistent (up and down); however, in the April 29th week the Mortgage Bankers Association index show a 0.3% gain.   I would not call this stellar by any means and based on the past few weeks showing, this gain may be short lived.… read more

Economic Calendar for Tomorrow May 4, 2011 – Futures Trading, Commodity Trading, Futures Brokerage, Trading news, economic Reports

Traders should be prepared for the following reports for tomorrow May 4, 2011 Bank Reserve Settlement MBA Purchase Applications 7:00 AM ET Challenger Job-Cut Report 7:30 AM ET Eric Rosengren Speaks 8:00 AM ET ADP Employment Report 8:15 AM ET Treasury Refunding Announcement 9:00 AM ET 3-Yr Note Announcement 9:00 AM ET 10-Yr Note Announcement 9:00 AM ET 30-Yr Bond Announcement 9:00… read more

Factory Orders May 3, 2011 – Futures Trading News, Futures Trading, Commodity Trading, Trading news, Futures Brokerage, Futures Trading Brokerage Firm, Economic news

Prior Consensus Consensus Range Actual Factory Orders – M/M change -0.1 % 2.0 % 1.7 % to 2.8 % 3.0 % The report showed that stregnth in March and also included revisions for February.  The was a strong showing in auto sales sector and quarter-to-quarter factory shipments were on the rise to 5.4% in the first quarter. 5.4% is a tough pace… read more

4-Week Bill Auction-Futures Trading News, Futures Trading, Commodity Trading, Trading news, Futures Brokerage, Futures Trading Brokerage Firm, Economic news

Released on 5/3/2011 11:30:00 AM For 5/3/2011 11:30:00 AM Auction Results 4-Week Bill Treasury Rate 0.005% Bid/Cover 4.59 Total Amount $28 B Rates are moving towards even.… read more

British pound trades sharply lower on projected reversal date, swing trading strategies, swing trading signals, trading futures, action reaction, commodity trading, currencies

The June British pound is trading sharply lower on the May 3rd projected reversal date. The the downswing in the pound was triggered by comments from BoE Governor King and a report that manufacturing  was weaker than expected. King said that the economic challenges will last for many years and could become more severe. His… read more

Dry winter wheat fields = higher prices-Futures Trading,Futures News,Futures Broker,Commodity Trading,Commodity News, Commodity Broker

Wheat production in Kansas, the 2nd largest U.S. grower, is expected to drop as dry weather persists, with 46% of the state experiencing drought conditions. Government data shows the states winter-wheat crop is the worst condition it has been in 15 years. U.S. inventories would erode with less output, these inventories are already expected to… read more