Tag Archives: Futures Broker

MBA Purchase Applications – Economic Trading News, Futures Trading, Futures Broker, Futures Trading Brokerage

Home Mortgage applications for purchase rose 1.5% in the week of May 20; this was a boost after last weeks 3.2% decline. Applications for refinancing rose 1.5% as well; which most likely relates to the favorable interest rates. Prior Actual Purchase Index – W/W Change -3.2 % 1.5 % Refinance Index – W/W Change 13.2 % 0.9 % Composite… read more

Grains Called Higher : Futures Trading Brokerage, Futures Broker, Commodity Trading Brokerage, Commodity Broker

Wheat called 12 to 15 cents higher Soybeans called 8 to 10 cents higher Corn called 10 to 12 cents higher Rain makes grain but you have to have it planted before that happens Also very good exports sale  … read more

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

Industrial Production : Economic News, Economic Reports, Economic Calendar, Trading News

Production came in at 0.0%  Consensus was looking for 0.4%  Prior  was 0.8% Capacity Utilization Rate-Level came in at 76.9% Consensus was looking for 77.6%  Prior was 77.4%… 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