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Commodities Corner: Here’s why hog futures jumped more than 10% this week

Lean hog futures rally on Friday to build up a gain of around 10% for the week, buoyed by strong Chinese purchases of pork despite the country’s hefty tariffs on imports of the commodity from the U.S......»»

Category: topSource: marketwatchMar 15th, 2019

Commodities Corner: Gold faces unique pricing, supply and delivery challenges amid COVID-19 shutdowns

An unusually wide spread between gold prices for Comex futures and the London bullion market this week highlighted both pricing and delivery issues tied to the shutdowns of gold operations aimed at preventing the spread of the COVID-19 pandemic......»»

Category: topSource: marketwatchMar 25th, 2020

Commodities Corner: Palladium touches an all-time record high above $3,000 an ounce

Palladium futures touched their highest levels on record Tuesday, as strength in U.S. vehicles sales bode well for the metal used in catalytic converters, which reduce emissions from gasoline-powered engines......»»

Category: topSource: marketwatchMay 4th, 2021

Commodities Corner: Oil prices went negative a year ago: Here’s what traders have learned since

It’s been a year since the U.S. benchmark West Texas Intermediate crude futures settled at a negative price for the first time, and while prices have recovered to trade above pre-COVID-19 levels, the unprecedented drop will not be soon forgotten......»»

Category: topSource: marketwatchApr 19th, 2021

Commodities Corner: Cocoa logs lowest finish since November; coffee loses over 3%

Cocoa and coffee futures suffer declines of more than 3% on Tuesday, with concerns surrounding demand for the commodities sending prices for cocoa to their lowest settlement since early November......»»

Category: topSource: marketwatchMar 30th, 2021

Nasdaq Futs Soar, Yields Tumble After ECB Pledges To Accelerate Bond Purchases

Nasdaq Futs Soar, Yields Tumble After ECB Pledges To Accelerate Bond Purchases US equity futures and world stocks jumped to their highest in over a week after the latest CPI report calmed investor nerves .....»»

Category: personnelSource: nytMar 11th, 2021

Commodities Corner: Here’s how cattle and hog futures have reacted to meat-processing plant closures

Meat-processing plant closures in the U.S. weakened livestock demand and led to concerns over a possible shortage of beef and pork......»»

Category: topSource: marketwatchMay 8th, 2020

China trade data lifts futures ahead of jobless claims

U.S. stock index futures jumped on Thursday as a surprise rise in Chinese exports spurred hopes of a faster economic recovery, even as investors braced for data likely to show millions more Americans filed for unemployment benefits last week......»»

Category: topSource: reutersMay 7th, 2020

Commodities Corner: Commodities didn’t perform as badly as you may have thought in April

Commodities ended the month on Thursday with a mixed performance, even as April 2020 made history as the month prices for West Texas Intermediate crude futures traded below zero for the first time ever......»»

Category: topSource: marketwatchApr 30th, 2020

Commodities Corner: The oil market is running out of storage space and production cuts loom

The world is rapidly running out of space to store crude oil and producers may finally have to admit defeat and cut output after prices fell below zero this week with supply overwhelming demand as economies slump in the wake of the coronavirus pandemic......»»

Category: topSource: marketwatchApr 21st, 2020

Futures jump as weekly jobless claims fall

U.S. stocks index futures jumped on Thursday after weekly U.S. jobless claims fell to 5.2 million last week from an upwardly revised 6.62 million the week before......»»

Category: topSource: reutersApr 16th, 2020

Commodities Corner: Natural-gas futures touch their lowest level in 25 years, but still outperform oil

Natural-gas prices have dropped to their lowest level in a quarter-century, but they have managed to outperform oil against a backdrop of declining demand fed by efforts to slow the spread of COVID-19......»»

Category: topSource: marketwatchMar 27th, 2020

European equities and U.S. stock futures rise alongside oil as volatile week nears an end

European stocks surged, alongside U.S. stock futures and oil prices on Friday. The Stoxx Europe 600 index jumped 4.7%, with the German DAX index surging 6%. Dow Jones Industrial Average futures rallied 730 points, o.....»»

Category: topSource: marketwatchMar 20th, 2020

Commodities Corner: Dismal oil demand outlook, Saudi-Russian price war lead to ‘atomic bomb’-like environment for oil

Oil futures trade near their lowest levels in 20 years with the plunge in prices expected to continue, fed by a weak oil demand outlook tied to the spread of COVID-19 and a price war between two of some of the biggest crude producers in the world......»»

Category: topSource: marketwatchMar 18th, 2020

Commodities Corner: The Fed’s inter-meeting rate cut was a surprise, but gold’s rally was not

Gold rallies after the U.S. Federal Reserve announced a surprise interest-rate cut on Tuesday, with prices settling at their highest in nearly a week, as a decline in the U.S. dollar and Treasury yields fed the metal’s investment appeal......»»

Category: topSource: marketwatchMar 3rd, 2020

Commodities Corner: Why analysts urge caution on palladium, platinum and rhodium

Palladium notched fresh records this week, but analysts warn that COVID-19’s impact on the global economy warrants caution for traders looking to participate in the rally for the metal, or those eyeing prospects for sister metals rhodium and platinum......»»

Category: topSource: marketwatchFeb 21st, 2020

Commodities Corner: Why gold prices topped $1,600 and may soon hit a more than 7-year high

Gold futures surpassed $1,600 an ounce on Tuesday and analysts believe the precious metal has the fuel it needs to climb to its highest level in more than seven years......»»

Category: topSource: marketwatchFeb 18th, 2020

Futures surge as China liquidity measures calm investor fears

U.S. stock index futures jumped 1% on Tuesday, signaling a recovery for Wall Street from a sharp coronavirus-led pullback last week, with fresh intervention by China's central bank calming investor nerves......»»

Category: topSource: reutersFeb 4th, 2020

Commodities Corner: Natural-gas futures drop to their lowest levels since 2016

Natural-gas futures drop on Friday, with forecasts for milder weather conditions sending prices to their lowest levels since May 2016......»»

Category: topSource: marketwatchJan 17th, 2020

Commodities Corner: Palladium’s up 60% year to date, as prices top $1,900 to new record

A move past $1,900 an ounce on Thursday for palladium futures mark a fresh record for the precious metal, taking its year-to-date tally to a gain of roughly 60%......»»

Category: topSource: marketwatchDec 12th, 2019

Commodities Corner: Saudi Arabia threatens to boost its oil output, even as it calls for deeper OPEC+ production cuts by OPEC and its allies

The Organization of the Petroleum Exporting Countries and their allies, collectively known as OPEC+, will meet this week as speculation that the oil producers will consider increasing the size of crude output cuts already in place grows......»»

Category: topSource: marketwatchDec 4th, 2019