Currently viewing the tag: "Energies"

By Nicole Friedman | Wall Street Journal NEW YORK—U.S. oil prices gained Thursday on upbeat economic data, while global benchmark Brent ticked lower despite escalating tension in Ukraine. Light, sweet crude for October delivery settled up 67 cents, or 0.7%, at $94.55 a barrel on the New York Mercantile Exchange, a six-session high. Brent fell [...]

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Talking to sources and farmers alike it looks like we saw some holding back on Corn to induce higher prices and with a record crop anticipated and a lot more carryover we may see due to farmers planting More Corn for the Ethanol Mandate which drove prices to high levels. Now looking at a record [...]

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Rising risks of conflict in Ukraine and deflation in Europe and the lack of a US strategy against ISIS is setting off an oil rally. Strong GDP data in the United States is a sharp contrast to the economic struggles in Europe that are only going to get worse if there are more sanctions on [...]

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Allen Sykora | KITCO News News reports of cyber attacks on some major U.S. banks, possibly originating in Russia, reinforces the value of holding at least some gold in a portfolio, says Phil Flynn, senior market analyst with Price Futures Group. “Say what you want about the value of gold as a currency replacement or [...]

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By Moming Zhou | Bloomberg West Texas Intermediate crude gained for a third day as the U.S. economy expanded more than previously forecast in the second quarter, boosting expectations for strong oil demand. U.S. gross domestic product rose at a 4.2 percent annualized rate last quarter, up from an initial estimate of 4 percent, the [...]

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By William Watts | MarketWatch NEW YORK — Crude-oil futures erased an early decline Thursday to show just minor gains after Kiev said Russian forces crossed into eastern Ukraine, seizing a coastal town and several villages. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October CLV4, +0.66% trose 19 cents, [...]

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Financials: Dec. Bonds are currently 16 higher, 10 Yr. Notes 6 higher at 125’26.5 and 5 Yr. Notes fractionally higher at 109’15.0. Renewed military activity between Russia and Ukraine have rallied the Bonds in “risk off” trade, flight to safety. Given the upcoming long weekend I am on the sidelines in these particular treasuries. That [...]

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Hurricane Cristobal is heading north as Disturbance number 1 is likely to hit South Texas or Mexico. The second Tropical Wave is located over the eastern Caribbean Sea and the third Disturbance that has us traders watching is moving off the west coast of Africa. In the overnight electronic session the October Natural Gas is [...]

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Say what you want about the value of gold as a currency replacement or a safe haven, at least those pesky Russian can’t hack into it. The FBI is investigating reports that the Russians hacked into account information at JP Morgan and other US banks perhaps in retaliation for US led sanctions. Gold prices are [...]

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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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