Category: research & analysis

  Natural Gas 4.1% and Wheat 2.1% were last week’s outperformers while Crude Oil -2.2%  closed the week as the underperformer. It was an exciting week in the currency market with the Japanese Yen gaining 2.1% in short covering mode and as the Nikkei lost -6.9%. I will continue to keep my eyes on Japan. …

  The out performers during last week’s trading sessions included Natural Gas, Soybeans And Corn. The under performers were led by Silver, Gold, Wheat, and the commodity currencies such as the New Zealand and Australian dollars. In the week ahead UK will report CPI and the BOE minutes will be released. In the Euro Zone…

    Currencies were in the spotlight this past week with the USD/JPY exchange rate piercing through the key psychological 100 level. Surprisingly the Japanese yen -2.27% was not the weakest currency, but the Australian dollar -2.86% and the New Zealand dollar -2.70% led the way down. The US dollar has been the out performers…

      Last week was very busy with economic data including FOMC meeting, ECB meeting, and the usually powerful payrolls report from the US. The risk assets outperformed with Copper rising 3.9% and the NASDAQ 100 gaining 3.8%. Wheat and Corn gained while Soybeans dropped. In FX the risk currencies gained while the Japanese…

The out performers this week in the commodity markets was led by natural gas rising 4.9%,  gold 1.9%  and silver 1.9%. US thirty year bonds led the risk-off category gaining almost 1%. In the currency markets the British pound gained 0.7%  the Swiss franc 0.6% while the Japanese yen dropped 1.4%. The March US employment…

On the last day of trade this week, Corn plunged sparking a slump in Soybeans and Wheat, after the U.S. government said domestic inventories were bigger than analysts forecast and that farmers will plant the most since 1936. As a result Corn futures tumbled by the exchanges $.40 limit, -5.4%. Soybean futures dropped -3.1% while…

The tiny island of Cyprus dominated the headlines this past week. As the markets opened for first day of trade, risk assets gapped sharply only to retrace its losses towards the end of the week. Euro area finance ministers meet today, to decide whether the Mediterranean island has done enough for a bailout that may…

  What’s going on?  What are the markets telling us?  What’s next? Friday’s February non-farm payroll report surprised the markets to the upside. The unemployment rate dropped to 7.7% from 7.9% in January. The S&P 500 maintained most of its recent gains however Treasuries including the Ten Year Note and Bonds immediately sold off. Interestingly, the US…