Author: Jim Wyckoff

* LATEST MARKET DEVELOPMENTS * In overnight news, China inflation data showed its consumer price index rose 2.5% year-on-year, compared to a 1.8% rise in April. The rise was in line with market expectations and was what...

* LATEST MARKET DEVELOPMENTS * U.S. stock indexes are slightly lower in early trading, on profit taking from recent gains. Asian and European stock markets were firmer overnight, following the lead of the U.S. stock market...

* LATEST MARKET DEVELOPMENTS * The world market place was quieter Thursday as traders and investors awaited the highly anticipated monthly monetary policy meeting of the European Central Bank. It is widely believed the ECB will...

* LATEST MARKET DEVELOPMENTS * The U.S. gets some significant economic data out during the trading session, which could move the markets. The ADP national employment report and the Fed’s beige book are highlights. Other...

LIVESTOCK: August live cattle closed up $0.52 at $139.12 Monday. Prices did close near the session high today. The bulls have the solid overall near-term technical advantage. However, the recent higher volatility at higher price...

* LATEST MARKET DEVELOPMENTS * In overnight news the rate of consumer price inflation in the European Union was up 0.5%, year-on-year, in May. That was the lowest reading in four years. A figure of up 0.7% was expected by the...

* LATEST MARKET DEVELOPMENTS * Friday is the last trading day of the week and of the month, making it an extra important day for the markets, from at least a technical standpoint. It’s a significant development, from a...

June U.S. T-Bonds closed up 1 8/32 at 138 20/32 today. Prices closed nearer the session high and hit another contract high today. Bulls have the solid overall near-term technical advantage. Prices are in a 4.5-month-old uptrend...

* LATEST MARKET DEVELOPMENTS * Trading was quieter overnight with many markets pausing as focus is turning to next week’s monthly monetary policy meeting of the European Central Bank. It’s widely believed the ECB...