Resource Investor

December corn futures finished the session down 9 ¾ cents, trading in a range of 9 cents on the day. Funds were estimated sellers of 30,000 contracts to start the week. …read more From:: Resource Investor

The FX markets have been a little bit livelier today even if the economic calendar has been fairly quiet with the exception of services PMI data from both the UK and US. The pound went from being among the weakest yesterday to strongest this morning after the UK services sector PMI came in one whole

The Depository Trust & Clearing Corporation (DTCC) today announced new efforts to further streamline and enhance its global trade reporting capabilities as market participants prepare for the upcoming reporting requirements contained within the Securities Financing Transaction Regulation (SFTR), which are expected to begin to take effect in late 2019. SFTR will require firms which are

The Commodity Futures Trading Commission (CFTC) issued an Order today filing and settling charges against Société Générale S.A. (Société Générale or the Bank) for attempted manipulation of and false reporting in connection with the London Interbank Offered Rate (LIBOR) for U.S. Dollar, Yen and Euro, and the Euro Interbank Offered Rate (Euribor), certain instances of

Major U.S. benchmarks are holding Monday’s gains and then some this morning after the Nasdaq Composite closed at a record high to start the week. Europe is leading this morning, the DAX is + 0.8% while Asia is muted. Traders want to keep an eye on Europe as Italy’s new PM Conte faces a bit

The U.S. government has quietly asked Saudi Arabia and some other OPEC producers to increase oil production by about 1 million barrels a day, according to people familiar with the matter. …read more From:: Resource Investor

Euro (June) Session close (Monday, June 4): Settled at 1.1709, up 34 …read more From:: Resource Investor

U.S. equities kicked off the trading week with two indices, the Nasdaq Composite and the Russell 2000, hitting new record highs. …read more From:: Resource Investor

Crude oil prices have fallen again today, with both contracts extending their losses for the fourth consecutive session. At the time of writing, Brent was trading around $74.10, having been above $80.00 just a couple of weeks ago. WTI was trading around $64.50, more than $8 worse off compared to the high of almost $73

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 Monday, June 4, 2018. …read more From:: Resource Investor