Author: Jim Wyckoff

* Latest Market Developments * In overnight news, China’s consumer price index was reported up 2.0%, year-on-year, in August, versus up 2.3% in July. A rise of 2.2% was expected for August. That’s some good news for...

* Latest Market Developments * The market place is calmer so far this week, due in part to no major world economic data having been released. Traders and investors are already looking ahead to next week’s U.S. FOMC...

ENERGY MARKETS October crude oil closed lower on Monday as it extended the decline off June’s high. The mid-range close sets the stage for a steady opening when Tuesday’s night session begins. Stochastics and the RSI...

* Latest Market Developments * In overnight news, China’s trade surplus hit a record high in August, at $49.8 billion, and well above market expectations. China exports were reported up 9.2% in August, year-on-year, which...

* Latest Market Developments * Arguably the most important U.S. economic report of the month is released Friday: the Labor Department’s employment situation report. Forecasts call for the important non-farm payrolls growth...

* Latest Market Developments * Traders are awaiting this week’s big–and arguably the biggest of the month–economic data points–Thursday’s European Central Bank meeting and Friday’s U.S. jobs...

* Latest Market Developments * In overnight news, reports said Russia and Ukraine have agreed on a cease-fire from the ongoing conflict in eastern Ukraine. This news has added a bit to investor risk appetite in the market place...