Today is the Last Trading Day for ALL the Aug Metals (Gold, Silver, Copper, mini Gold, mini Silver, eMicro Gold, Platinum, Palladium) & the Sept Natural Gas in NY.  We ask that you do not wait until the last minute to exit these markets. Friday, Aug 29th is the First Notice Day for ALL the [...]

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Morning Grains 8/27/14

On August 27, 2014 - 10:13 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 443,476 lots, or 20.43 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-14 4,502 4,520 4,488 4,497 4,490 4,503 13 1,398 13,234 Nov-14 4,612 4,612 4,521 4,521 4,514 4,566 52 4 172 Jan-15 4,605 4,620 4,582 4,614 4,554 [...]

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Morning Softs 8/27/14

On August 27, 2014 - 10:09 AM By

COTTON General Comments: Futures closed higher as new systems formed in the Gulf of Mexico and the Atlantic that could threaten crops with a lot of rain now that bolls are open. The new system could bring winds and rains to the state, but the forecast is very preliminary and much needs to be done [...]

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Financials: Sept. Bonds are currently 10 higher at 140’27, 10 Yr. Notes 6 higher at 126’07.5 and 5 Yr. Notes 3.5 higher at 119’18.5. Bonds continue to out pace shorter term treasuries and coming close to the yearly high of 141’21 which we will use as a resistance level to trade from the short side [...]

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The fear of Hurricane Cristobal slamming the Gulf of Mexico has subsided as it did an end run and is headed up the eastern seaboard. There are two other Disturbances that are keeping the attention of Natural Gas traders. In the overnight electronic session the October contract is currently trading at 3.987 which is .038 [...]

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Energy Policy. The Energy Report 8/27/14

On August 27, 2014 - 7:47 AM By

President Obama not only sends mixed signals on foreign policy but energy policy as well. On one hand he blocks the Keystone pipeline and a New York Times report that the President is “working to forge a sweeping international climate change agreement to compel nations to cut their planet-warming fossil fuel emissions, but without ratification [...]

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Morning Grains 8/26/14

On August 26, 2014 - 10:21 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 386,430 lots, or 17.62 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Sep-14 4,468 4,517 4,460 4,515 4,458 4,490 32 8,602 14,256 Nov-14 4,514 4,514 4,514 4,514 4,498 4,514 16 6 172 Jan-15 4,513 4,606 4,503 4,601 4,502 [...]

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Morning Softs 8/26/14

On August 26, 2014 - 9:23 AM By

COTTON General Comments: Futures closed mostly higher in quiet trading. Crop conditions and progress remain generally good, and traders keep worrying about the demand side. A tropical system has moved east into the Atlantic and poses no threats for Cotton. There are no other systems of note to talk about, and traders report little stress [...]

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Cristobal with sustained winds at 65 knots is still a threat to enter the Gulf of Mexico even though the percentages are dwindling as the course of the storm seems to be heading towards the eastern seaboard according to the latest radar data. It may be a near miss and still has Natural Gas traders [...]

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Winds of war or maybe just a hard wind blowing near the Ukraine border, Ukraine’s state security service said it had detained 10 Russian paratroopers who had crossed into Ukrainian territory from Russia. The Russian say gee, oh gosh, oh golly, it was a mistake and a hard wind just seemed to blow them over [...]

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By Anna Louie Sussman | Reuters Africa NEW YORK, Aug 25 (Reuters) – Brent crude oil edged higher on Monday while U.S. crude fell in light trading, as support from geopolitical tensions in Ukraine and Libya offset ample supplies and anticipated weak demand after a slew of disappointing economic data from the United States and [...]

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By Christine Buurma | Bloomberg Natural gas futures headed for the biggest one-day gain in two months on forecasts for above-normal temperatures that would spur demand for the power-plant fuel, slowing the pace of supply restocking. Hotter-than-usual weather may blanket parts of the eastern and central U.S. through Sept. 3, said MDA Weather Services in [...]

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