Advertisement

Author: Jim Wyckoff

FOMC Minutes on Deck Wednesday P.M.

* LATEST MARKET DEVELOPMENTS * The market place is awaiting the U.S. Federal Reserve’s FOMC minutes release on Wednesday afternoon. The minutes will be from the October meeting, and as always traders and investors will be...

Read More

Corn and Wheat Markets Remain Bearish

March corn futures closed down 9 1/2 cents at $4.21 Monday. Prices closed near the session low and hit a fresh contract low. Corn was pressured in part by news last Friday that the U.S. Environmental Protection Agency has backed...

Read More

Market Place Awaits FOMC Minutes Wed. PM

* LATEST MARKET DEVELOPMENTS * In overnight news, the German ZEW economic expectations survey was released and hit a four-year high. The ZEW expectations indicator rose to 54.6 in November from 52.8 in October. However, the...

Read More

Markets Quiet to Start New Trading Week

* LATEST MARKET DEVELOPMENTS * Amid a quieter geopolitical front, the economic report highlights for this week appear to be the German ZEW business survey on Tuesday and the U.S. Federal Reserve’s FOMC minutes on Wednesday...

Read More

Soft Commodity Markets Mostly Bearish

March sugar closed down 15 points at 17.65 cents today. Prices closed near the session low and hit another fresh six-week low today. Bears have the near-term technical advantage. A steep four-week-old downtrend is in place on...

Read More

Crude Oil Bears in Technical Control

December Nymex crude oil closed up $0.69 at $93.72 today. Prices closed near mid-range today and saw short covering in a bear market. Prices Tuesday hit a 4.5-month low. Crude oil bears still have the overall near-term technical...

Read More

SIGN UP TO NEWSLETTER

Join our mailing list to receive the latest news and updates from our team.