Global equity markets were all higher overnight but once again the Russian markets were exceptions to that rule. The Asian session started out with a June reading on the Japanese trade balance that returned to a surplus and that would seem to be a sign of improvement in that economy. It should also be noted […]
Global equity markets were mostly higher overnight with the exceptions to that rule the Russian Markets and the IBEX. The Asian and European sessions were quiet data-wise. In addition to the lack of key scheduled economic data overnight the markets are also being held in check because of the looming ECB meeting on Thursday. The […]
On July 12th the USDA will release it’s most recent Supply and Demand Estimates. Our analysts go over what changes the USDA may have to make to the corn, soybean and wheat balance sheets to assimilate the problematic planting and early season weather, export demand, acreage and the carry out from last year.
When looking back to the 2016 growing season, one that produced a record corn yield of 174.6 bushels per acre, it’s hard to recall a stretch in which the entire Corn Belt did not get a decent rain event. Corn crops in the heart of the belt in Illinois, Iowa and Indiana were chest-high and […]
Global markets have had a mildly negative tone during the overnight session, although Chinese equities were able to grind out a modest gain. Market attention will be focused on the start of the G20 Summit in Poland on Friday, with the President expected to make a trade-related speech in Warsaw later today. In addition, the […]
Global equity markets were mixed overnight with Chinese stocks showing strength in the wake of comments from the Chinese central bank suggesting that the Bank would leave policies in place to assist the economy. The Asian session started with a Chinese service sector PMI reading that came in slower than the prior month. The European […]
Global equity markets were mostly higher overnight led by gains in the US on Wednesday, upbeat attitudes toward financial shares and stronger than expected German consumer confidence. The Asian session was highlighted by a May reading on Japanese retail sales which managed a rise of 2.0%. The European session featured a set of June Euro […]
Global equity markets were mixed overnight with Asian Markets generally higher and the rest of the world under minor pressure. The Asian session was quiet data-wise, while the European session presented Italian business and consumer confidence both of which came in better than expected. The North American session will start out with a weekly private […]
CRUDE OIL MARKET FUNDAMENTALS: Given the severe beating in prices since the late May high, a measure of the last four days of recovery action is probably short covering and technical balancing instead of some tempering of bearish supply side issues. While the energy market might have drafted some minimal demand hope from the “risk […]
Global equity markets all traded higher overnight in a concerted rally that saw Chinese markets gain over 1%. The Asian session was relatively quiet data-wise, while the European session featured the June IFO survey of German business climate that bested expectations for a downtick with a fresh “record high”! The North American session will start […]
