* LATEST MARKET DEVELOPMENTS * With stock markets worldwide under selling pressure late this week, due to U.S. and European Union debt worries, U.S. President Obama is set to tell the public at midday Friday how he will address...
Read More* LATEST MARKET DEVELOPMENTS * In overnight news, the Bank of England kept its key interest rates unchanged, which was expected. The European Central Bank held its monthly meeting on Thursday. The ECB is not expected to make any...
Read MoreDecember gold futures closed down $0.70 an ounce at $1,714.30 yesterday. Prices closed near mid-range after hitting a fresh two-week high early on. The key “outside markets” were bearish for gold yesterday as the...
Read More* LATEST MARKET DEVELOPMENTS * The market place is taking President Obama’s re-election in stride early Wednesday, as focus is quickly turning to other matters. Asian and European stock markets were firmer overnight. The...
Read MoreMarch sugar closed up 26 points at 19.59 cents yesterday. Prices closed nearer the session high yesterday, scored a mildly bullish “outside day” up on the daily bar chart, and saw short covering in a bear market. The...
Read More* LATEST MARKET DEVELOPMENTS * Tuesday is a bit of a “risk-on” trading day in the market place, despite the uncertainty of the U.S. presidential election results, which are likely to be known by Wednesday morning. In...
Read MoreDecember corn futures were down 5 3/4 cents at 7.33 3/4 in late trading yesterday. Prices were near the session low. A firmer U.S. dollar index limited buying interest in the corn market again yesterday. Prices are still in a...
Read More* LATEST MARKET DEVELOPMENTS * It’s a bit of a “risk-off” trading day in the market place to start the new trading week. The U.S. presidential election on Tuesday is one big uncertainty for the market place,...
Read More* LATEST MARKET DEVELOPMENTS * The market place awaits the all-important U.S. employment report that is due out Friday morning. The key non-farm payrolls component of the jobs report is forecast to come in at up 125,000 in...
Read MoreDecember crude oil closed up $0.69 a barrel at $86.93 yesterday. Prices closed nearer the session high yesterday on short covering. Bears still have the overall near-term technical advantage. Prices are in a six-week-old...
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