CHICAGO: US soybean futures fell on Thursday to their lowest levels in nearly six months after the government lifted its outlook for global inventories slightly to a new record high. Concerns about slowing global demand added pressure to soybean prices, traders said. Corn and wheat prices Read More
April 2015
More than 20 times the volume a year earlier. The markets shrugged off Reserve Bank of India’s decision to leave rates unchanged at 7.5%. SGX reports that SGX INR/USD currency futures achieved a record daily volume of 32,055 contracts (over US$ 1b in notional turnover) traded on 8 April. Fresh US dollar sales by banks Read More
— Posted Friday, 10 April 2015 | | Disqus Golds bottoming consolidation grind continues, with investment demand still garroted by sky-high world stock markets and the parabolic US dollar. With investors missing in action, gold prices remain totally at the mercy of American futures speculators. These perpetually-bearish traders are once again heavily short gold, which Read More
* Futures off: Dow 15 pts; S&P 3 pts, Nasdaq 6.5 pts (Adds comment, updates prices) By Tanya Agrawal April 9 (Reuters) – U.S. stocks were set to dip at the open on Thursday after initial jobless claims rose less than expected, suggesting an abrupt slowdown in job growth in March could be temporary. Initial Read More
CHICAGO: US corn and soybean futures eased on Tuesday on pressure from abundant global supplies and weakening demand for US offerings on the export market, traders said. “The world supplies are still large. The crop in South America continues to grow as harvest continues to progress Read More
U.S. stock futures turned slightly lower after data showed a smaller-than-expected increase in weekly jobless claims on Thursday and amid a set of mixed results started off the quarterly earnings season. Jobless claims in the week ended April 4 rose 14,000 to 281,000 compared to the expected 285,000. Claims in the preceding week were Read More
U.S. equity futures were trading flat to higher on Friday as industrial giant General Electric ( GE ) dominated the news flow with the sale of assets and massive planned payouts to shareholders. The S&P 500 and the Dow Jones Industrial Average were more solidly in the black while the Nasdaq was pointing to Read More
U.S. stock futures were holding onto meager gains Thursday after metals producer Alcoa ( AA ) unofficially started off the earnings season with a beat on earnings and a miss on sales. At 8:30 a.m. E.T., jobless claims in the week ended April 4 are expected to have increased to 285,000 from 268,000 the Read More
LONDON (ShareCast) – Dow Futures pointed to a lower open on Thursday, as investors digested published details of the last US Federal Reserve meeting. The Dow Jones Industrial Averages is expected to open nine points down to 17,843.00 points, while the S&P 500 and the Nasdaq are expected to begin the session approximately three and Read More
* Futures up: Dow 38 pts, S&P 3.5 pts, Nasdaq 1.75 pts By Tanya Agrawal April 10 (Reuters) – Dow Futures edged higher on Friday, getting a lift from news that General Electric will sell nearly all of its real estate portfolio to investors for $ 26.5 billion in the latest of a spate of Read More