Resource Investor

Market events to watch this week …read more From:: Resource Investor

The U.S. dollar is higher against most major currencies on Friday. The Canadian dollar was the single currency that appreciated versus the greenback. The loonie moved higher at the end of the week with the release of a stronger than expected monthly GDP number. The softer trade comments also helped dissipate the risk aversion sentiment

It has been a bit of a lackluster week; the FIFA World Cup has provided way more excitement for more people than the financial markets. Stocks fell at the start of the week but the selling didn’t materialize into a proper correction and equity indices managed to regain their poise towards the end of the

Export inspections Thursday morning in corn came in at 1,511,746 metric tons, a strong number that offered little support to the market. Attention this week will be on weather and Friday’s USDA report which will give us an updated look at quarterly stocks and planted acres. …read more From:: Resource Investor

Major U.S. benchmarks pared early losses yesterday to notch a solid session to which they extended gains overnight. The S&P traded to a high of 2737.50 and is being led by the banks after yesterday’s post-bell stress test results; pre-market the XLF is up nearly 1% and JP Morgan and Bank of America are both

There have been some interesting moves in the markets this morning, in what is the last trading day of the week and month. But it remains to be seen whether there will be further follow-through in these moves once we head into the U.S. session. After all, it has been a very choppy week and

With the Trump Administration working toward zero Iranian exports by November, Libyan oil supplies at risk due to clashes with militias, and crashing supply from Venezuela, reports of tightening U.S. supply is keeping oil on edge. Crude oil price continued its drive, hitting $74 a barrel for the first time since that fateful OPEC meeting

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Wednesday, June 27, 2018. …read more From:: Resource Investor

After a strong start to this week’s trade, the U.S. dollar is on the back foot on the final trading day of the week, month, and quarter. The proximate cause for the buck’s weakness is good news overseas: specifically, the EU countries reached an agreement on migration, while the UK’s Q1 GDP was revised up

A daily summary of high-profile members of several complexes. …read more From:: Resource Investor