Speculation that the earlier price increase was not supported by the pace of economic recovery lead to a drop from a two week high in Oil. After a U.S. Energy Department report yesterday showed supplies of diesel and heating oil fell to their lowest since April 2009, futures reached their highest since May 11 earlier… read more
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Corn Prices Rising-Futures Trading Brokerage, Futures Broker, Commodity Trading Brokerage, Commodity Broker
Japan, the largest importer of corn sees the commodity price rising because of the concern over nuclear radiation, potentially helping meat sales by Tyson Foods Inc. because of increasing expense@animal feed makers. Nobuyuki Chino, President of the Tokyo-based grain company Continental Rice Corporation said, Importers need to pay 5 percent more compared to the west… read more
Oil trades Lower- Futures Trading Brokerage, Commodity Trading Brokerage, Futures Broker, Futures Swing Trading
As confidence in Europe’s economic recovery prospects were offset by signs of accumulating crude supplies in the U.S., Oil traded near it’s lowest in a week. Oil pared earlier losses as a bailout for Portugal was endorsed by European finance officials, which caused the dollar to weaken against the euro and spurring demand for assets… read more
Employment Situation Report May 6, 2011 – Futures Trading, Commodity Trading, Commodity Futures Trading, Futures trading news, Commodity trading news, Trading news, Futures Trading brokerage, Commodity Trading Brokerage, Unemployment, Nonfarm payrolls, private payrolls
Prior Consensus Consensus Range Actual Nonfarm Payrolls – M/M change 216,000 185,000 140,000 to 325,000 244,00 Unemployment Rate – Level 8.8 % 8.8 % 8.6 % to 8.9 % 9.0 % Average Hourly Earnings – M/M change 0.0 % 0.2 % 0.1 % to 0.2 % 0.1 % Av Workweek – All Employees 34.3 hrs 34.3 hrs 34.3 hrs to 34.3 hrs 34.3 hrs Private Payrolls – M/M change 230,000 200,000 165,000 to 350,000 268,000 Nonfarm payroll in April grew… read more
Economic Calendar for Tomorrow May 6, 2011 – Futures Trading, Commodity Trading, Commodity Futures Trading, Futures trading Brokerage, Commodity Trading Brokerage, Trading In Futures
Employment Situation 8:30 AM ET Consumer Credit 3:00 PM ET… read more
Market Wrap up for May 5th 2011 – Futures Trading, Commodity trading, Commodity Futures Trading, Futures Trading News, Futures Trading Brokerage, Commodity Trading brokerage
Market Wrap Up for May 5th 2011 Futures Trading, Commodity trading, Commodity Futures Trading, Futures Trading News, Futures Trading Brokerage, Commodity Trading brokerage… read more