Commodity Futures & Stock Market

Commodity Futures News Feb 01, 2010

Feb 1st, 2010 | By Kevin Hayden | Category: Commodity Futures & Stock Market

Sorry about the lack of Commodity News lately!  I’ve been slacking off!
Source: DailyFutures
U.S. Economy
The U.S. Commerce Department said that personal incomes were up .3% in December while consumer spending was up .2%. For all of 2009, personal incomes were down 1.4%, the biggest decline since 1938.
The Institute of Supply Management’s manufacturing index increased from 54.9 [...]



Commodity Futures News Jan 14, 2010

Jan 14th, 2010 | By Kevin Hayden | Category: Commodity Futures & Stock Market

Source: DailyFutures
U.S. Economy
The U.S. Labor Department said that jobless claims were up 11,000 last week to 444,000, more than expected. The March 2001 eurodollars closed up .065 at 98.475.
The U.S. Commerce Department said that retail sales were down .3% in December, weaker than expected. They also said that inventories were up .4% in November, more [...]



Commodity Futures News Jan 12, 2010

Jan 12th, 2010 | By Kevin Hayden | Category: Commodity Futures & Stock Market

Source: DailyFutures
U.S. Economy – China Tightens Reserve Requirements
China surprised the markets today, announcing that they are raising the reserve requirements for their banks by .5% starting January 18th. It is seen as a move to restrain the economy. The March U.S. T-bonds jumped up 1.20/32nds to 116.26/32nds. Most commodities were lower on the day.
The U.S. [...]



Commodity Futures News Jan 11, 2010

Jan 11th, 2010 | By Kevin Hayden | Category: Commodity Futures & Stock Market

Source: DailyFutures
U.S. Economy
The U.S. Treasury sold $10 billion of 10-year TIPS today at a yield of 1.30% with a bid to cover ratio of 2.65. The March U.S. T-bonds were down 9/32nds at 115.06/32nds.
Grains and Cotton
The USDA said that last week’s export inspections of:
Corn totaled 20.6 million bushels, down 6% from a year ago.
Soybeans totaled [...]



Commodity Futures News Jan 07, 2010

Jan 7th, 2010 | By Kevin Hayden | Category: Commodity Futures & Stock Market

Source: DailyFutures
U.S. Economy
The U.S. Labor Department said that jobless claims were up 1,000 last week to 434,000. The U.S. Labor Department will release its unemployment report tomorrow.
The International Council of Shopping Centers said that same-store sales at 32 retailers were up 2.8% in December.
Grains and Cotton
The USDA said that, as of last week, U.S. 2009-2010 [...]



Commodity Futures News Jan 05, 2010

Jan 5th, 2010 | By Kevin Hayden | Category: Commodity Futures & Stock Market

Source: DailyFutures
U.S. Economy
The U.S. Commerce Department said that factory orders were up 1.1% in November, better than expected. The March 2011 eurodollars closed up .10 at 98.28.
The National Association of Realtors said that pending home sales were down 16% in November, but still up 15.5% from a year ago. March lumber fell $2.40 to $228.10. [...]



Commodity Futures News Dec 14, 2009

Dec 14th, 2009 | By Kevin Hayden | Category: Commodity Futures & Stock Market

Source: DailyFutures
U.S. Economy
White House advisor Lawrence Summers said that he expects the economy to start adding new jobs in the spring of 2010. Is that too optimistic? The March 2011 eurodollars were down .055 at 98.355 ahead of tomorrow’s final Federal Reserve meeting of 2009.
Citigroup has reached an agreement to repay the U.S. government [...]



Commodity Futures News Dec 11, 2009

Dec 11th, 2009 | By Kevin Hayden | Category: Commodity Futures & Stock Market

Source: DailyFutures
U.S. Economy
The U.S. Commerce Department said that retail sales were up 1.3% in November, much better than expected, and up 1.9% from a year ago. Sales in October were revised down, from a 1.4% gain to a 1.1% gain. The March 2011 eurodollars were down .055 at 98.41.
 
The University of Michigan’s consumer sentiment [...]



Commodity Futures News Dec 10, 2009

Dec 10th, 2009 | By Kevin Hayden | Category: Commodity Futures & Stock Market

Source: DailyFutures
U.S. Economy
The U.S. Labor Department said that jobless claims were up 17,000 last week to 474,000. The March 2011 eurodollars were down .025 at 98.465.
The U.S. Census Bureau said that exports were up 2.5% in October to $136.8 billion while imports were up .5% at $169.8 billion. The result was net imports of [...]



Commodity Futures News Dec 09, 2009

Dec 9th, 2009 | By Kevin Hayden | Category: Commodity Futures & Stock Market

Source: DailyFutures
U.S. Economy
The Mortgage Bankers Association said that its index of mortgage applications was up 8.5% last week to 665.6, the highest level in two months.
The U.S. Census Bureau said that wholesale sales were up 1.2% in October while inventories were up .3%. The March 2011 eurodollars ended up .02 at 98.49.
The U.S. Treasury [...]