WASHINGTON, June 16 (Reuters) – U.S. housing starts fell more than expected in May to their lowest level in five months, a government report showed on Wednesday, as a popular homebuyer tax credit that had buoyed construction activity over the past two months expired. The Commerce Department said housing starts dropped 10 percent to a… read more
Tag Archives: Futures Broker
Futures Broker – Housing Starts [6-16-2010]
NEW YORK, June 16 (Reuters) – U.S. housing starts fell 10 pct, more than an expected fall of 3.3 pct, in May to their lowest level in five months in Commerce Department data on Wednesday. A popular homebuyer tax credit had buoyed construction activity over the past two months but expired in April. Housing starts… read more
CFTC APPROVES MOVIE FUTURES 6-15-2010
CFTC Approves Box Office Receipt Contracts Submitted by Media Derivatives Washington, DC – The Commodity Futures Trading Commission today found that the terms and conditions of the proposed Weekend Motion Picture Revenue futures and options contracts submitted by Media Derivatives, Inc. (MDEX) do not violate the Commodity Exchange Act or the Commission’s Regulations thereunder. The… read more
Futures Broker / Grain Calls and News
WHEAT – Down 1 to 2 cents per bushel. * Profit-taking setback after rally on Monday. Wheat gained on Monday, led up by concerns about a cut in Canadian wheat output due to excessive wet weather CORN – Down 1 to 2 cents per bushel. * Profit-taking after Monday’s gains weigh on corn futures, in… read more
Systematic Swing Trader – Futures
For June 2010 (only) AS of June 10, 2010 System tracked positions that closed this month. The current total ‘closed’ profit (loss) $10,560.65 Market Fill Date Exit Date Strategy Type Profit (Loss) Wheat 2010-05-25 2010-06-01 Short Small Target 0 Wheat 2010-05-25 2010-06-01 Short Trail Entry 150 Cotton 2010-05-25 2010-06-02 Short Big Target 1600 Cotton 2010-05-25… read more
FUTURES NEWS – “Retail Sales Report” 6-11-2010
WASHINGTON, June 11 (Reuters) – Sales at U.S. retailers unexpectedly fell in May for the first time since September, pulled down by a record slump in purchases of building materials, according to a government report on Friday that added to fears the economic recovery was losing some steam. The Commerce Department said total retail sales… read more
Futures Broker / Grain Calls and News
WHEAT – Steady to up 1 cent per bushel Short-covering supportive but plentiful supply situation continues to cap any gains. CORN – Steady to up 2 cents per bushel Prices receiving some support from talk that China could step up purchases of U.S. corn but gains likely to be limited unless market gets confirmation of… read more
Futures Broker / Grain Calls and News
By Ian Berry OF DOW JONES NEWSWIRES CHICAGO (DOW JONES)– Supply and demand estimates from the U.S. Department of Agriculture Thursday were considered bullish for Chicago Board of Trade corn and neutral for both soybeans and wheat, traders said. The highlight of the reports, traders said, was a surprising cut in both old-crop and new-crop… read more
EIA Energy Stocks Report 6-9-2010
In today’s Monthly Oil Market Report, OPEC raised its estimate of world growth from 3.5% to 3.8% for 2010. Its estimate of world oil demand was roughly the same as last month, at 85.37 million barrel per day. July crude oil is trading higher. The U.S. Department of Energy (DOE) said that crude oil supplies… read more
CFTC – The Extent to which U.S. Investors May Trade in Foreign Security Futures Products
June 8, 2010 CFTC Publishes Advisory on the Extent to which U.S. Investors May Trade in Foreign Security Futures Products Washington, DC – The U.S. Commodity Futures Trading Commission’s (CFTC’s) Division of Clearing and Intermediary Oversight (DCIO) today published an Advisory clarifying the extent to which certain sophisticated customers located in the U.S. may transact… read more