Low interest gates gave a big boost of 13.2% to mortgage refinances; this makes for a 33% rise over the last 5 weeks. However, new mortgage applications were down 3.2% and there is still not as much buying demand to signal any kind of bottom at this point. The composite index came in at 7.8%… read more
Tag Archives: Trading News
Opening Grain Calls : Futures Trading Brokerage, Commodity Trading Brokerage, Futures Broker, Futures Swing Trading
Corn 6 to 8 cents higher Soybeans 4 to 5 cents higher Wheat 1 to 2 cents higher Weather still play a role on crops… read more
Redbook Declines 2.3% – Economic News, Economic Reports, Economic Calendar, Trading News
Redbook (same store sales) which is a measurement of sales at chain stores, discounters and department stores showed a -2.3% year on year decline… read more
Housing Starts rebound 7.2% – Economic news, Trading News, Futures Trading
Housing starts which are noted at the start of a new build of residential building, rose 7.2% in March. This was much needed after the 18.5% decline in February. The yearly annualized pace was down 13.4% from last year. However, March’s rise was due to 7.7% increase in single family starts and housing permits which gained 11.2%.… read more
ICSC-Goldman Store sales Decline – Trading News, Futures Trading
Week on week Stores Sales were down -2.0% Year on year Stores Sales were up 3.2% Analyst state that the decline was a result of Higher gas prices and bad weather. However, the report conceded that spending is expanding.… read more
Empire State Manufacturing Survey higher by 4.2 Point – Trading News, Economic Report
In Economic trading News: There was a 4.2 point increase in the Empire State Manufacturing Survey in April. The general Business conditions index reached 21.70. A detailed reading of the survey showed an increase in the number of employees, new orders and shipments. The Empire State Manufacturing Survey acquires data based on a survey from… read more
“Dollar Higher Over night” [Listen] – Futures Trading, Commodity trading, Trading news, Economic news, Trading Podcast
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“The Markets Are Undecided” [Listen] PODCAST for May 14, 2011 – Futures Trading, Commodity trading, Trading News, trading Podcast, Futures Brokers
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Opening Grain Calls : Futures Trading, Commodity Trading, Futures Trading Brokerage Firm, Futures Brokers
Wheat called 8 to 10 cents higher Corn called 7 to 8 cents higher Soybeans 7 to 8 cents higher Weather condition could slow planting of crops… read more
Opening Grain Calls:Futures Trading, Futures News, Futures Trader, Commodity Trading, Commodity News, Commodities Trader
Soybeans 16-18 cents lower Corn 17-18 cents lower Wheat 20-21 cents lower Grains are called lower based on over night trading and carry over form yesterday.… read more