Another year, another London Bullion Market Association conference, and this year was full of what HSBC senior analyst James Steel described as “restrained optimism.” A similar description was given of the recent Denver Gold conference in Colorado Springs, where one fund manager summed the mood up as “veiled optimism.” But this didn’t stop an air of positivity buzzing on the sidelines of both events, with the mood jubilant, especially in Singapore this week. At least at face value.
Posts tagged ‘futures’
September 28, 2016 13:30 UTC
The market is never as bullish as at its tops, nor as bearish as at its bottoms.
The first part of this trading adage is particularly pertinent to the state of play in the sugar market.
On Friday, September 16, ICE Sugar No.11, the raw sugar futures benchmark, began the day in unremarkable fashion. The October contract opened a touch higher than Thursday’s close at 20.53 c/lb and quickly slipped back to 20.45 c/lb.
June 2, 2016 16:54 UTC
To celebrate six months since we kicked off our coverage of Asian grains markets, here are a handful of trends that have emerged in this space.
Forex matters more than futures
The Chicago Soft Red Winter wheat futures play a significant role in dictating sentiment in the Australian wheat export market, and initially showed a reasonable correlation of 75-80% with Platts’s Australian Premium White (APW) wheat assessment, from late last year until February 2016.
February 15, 2016 06:59 UTC
Para leer en español haga clic aquí: Crisis en el sector estadounidense de exploración y producción. ¿Llegará la estabilidad antes de lo previsto?
How long does the world have to wait before all the surplus oil sloshing around gets mopped up and prices find an equilibrium point that represents balanced supply and demand? Would you believe it if someone said that might be just a quarter and a bit away?
On the supply side, all bets are on shale to bail: there is no hope of output cuts from OPEC, let alone a coordinated action with other major producers such as Russia, amid a stubborn quest for market share.
May 21, 2015 00:01 UTC
The world’s next ‘leap second’ event will occur on June 30, 2015 — and, for the first time ever, according to the Futures Industry Association (FIA), it will happen “during active trading hours in an environment where electronic and automated trading relies on sub-second precision for communication, execution, clearing, surveillance and audit trails.”