Blogs

A look at US and Canadian markets On the day: On the week: Here is a look at the weekly S&P 500 chart. That latest candle isn't a pretty one: See here for global coronavirus case data

Forex futures positioning data for the week ending April 28, 2020 Highlights from the CFTC commitments of traders: See here for global coronavirus case data

Emergency authorization granted Trump says the FDA has approved Gilead for emergency use. Shares are higher but this should have been expected because he's hinted at it for a few days.

<p>According to the CFTC Commitments of Traders report for the week ended April 30, NET LENGTH for crude oil futures added +2 208 contracts to 589 388 for the week. Speculative long positions gained +1 530 contracts while shorts dropped -678 contracts.  While the front-month WTI crude contract rebounded  after diving into the negative territo

<p>U.S. Highlights The S&#38;P 500 is on track to end the week flat, erasing some earlier momentum as economic data and earnings reports released throughout the week revealed the extent of the pandemic&#8217;s impact. The U.S. economy contracted by 4.8% annualized in the first quarter, ending the longest economic expansion in its hist

<p>This week gave us no shortage of survey evidence that economic activity plummeted in many countries in April. European economic sentiment tanked to financial crisis lows and US manufacturing PMIs were down sharply. In Canada, manufacturing sentiment fell to a record low while a separate survey from Statistics Canada showed widespread decli

<p>The better we do; the less people will be infected! Heading into the end of April, there was a lot to look forward to:  the plethora of month end economic data, earnings, Central Bank meetings, and the recent collapse of oil prices.  However, at the end of the week, little of it mattered.  The data […]

<p>Although the supply/ demand will start to shift in the weeks ahead, it is possible that the oversupply will get worse before it gets better&#8230; It is now all a matter of time, time that it will take for two opposing trends to find a new balance. Officially many US states can start lifting their […]

<p>It’s sometimes easy to forget just how unusual these markets are that we’re witnessing on a daily basis. They’re contending with economies around the world that only two months ago were in the best shape they’ve been in for years, a global pandemic that’s wreaked havoc across the globe, unprecedented fiscal and monetary stimulus and [&hell

United States CFTC Oil NC Net Positions increased to 589.4K from previous 587.2K