While the new year is still very young and a lot can happen before it's over, one widely held fear—that sharp profit-taking would hit markets at the outset of 2018—has not taken place...at least not yet. Rather, investors keep driving toward...Commodities News
CFTC: Euro Net Longs at All-Time High; S&P 500 Net Longs at 4-Month High
The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending January 2 on Friday.
Speculative positioning in the CME and ICE currency, commodity, energy and index...Commodities News
5 key factors for the markets on Friday
Here are the top five things you need to know in financial markets on Friday, January 5:
1. Traders wait for solid jobs growth
The U.S. Labor Department will release its December nonfarm payrolls (NFP) report at 8:30AM ET (13:30GMT) on Friday with markets prepped to receive a...Commodities News
What will next week bring?
Here’s a preview of the top 3 things that could rock markets tomorrow
US Stocks Sidestep Weak Jobs Report to End Week at All-Time Highs
The US jobs market ended 2017 on a sour note after data showed the US economy created just 148,000 jobs in December, below the 190,000 jobs forecasted...Commodities News
5 key factors for the markets on Thursday
Here are the top five things you need to know in financial markets on Thursday, January 4:
1. Jobs data centers attention
While traders wait for the publication of the U.S. monthly nonfarm payrolls on Friday, they’ll digest other tidbits showing the state of...Commodities News
Gold futures traded near 3-month highs
Gold prices steadied on Wednesday after the dollar rebounded on strong economic data as traders awaited the release of the Federal Reserve’s December meeting minutes.
Gold futures for February delivery on the Comex division of the New York Mercantile Exchange rose by $1.40, or...Commodities News
U.S. oil prices ended above $60 a barrel in the final trading day of the year on Friday, for the first time in over two years amid signs that a glut in global inventories is easing.
U.S. West Texas Intermediate (WTI) crude futures for February delivery tacked on 28 cents, or around 0.47%, to end at $60.12 a barrel. It was the...
With the end of the year fast approaching, an uneven economic outlook poses numerous risks that could spur significant volatility across financial assets. To help outline the major areas of opportunity this next month, FBS analysts have dug deep into the developments that could change the math for investors seeking to take advantage of...
Here are the top five things you need to know in financial markets on Wednesday, December 27:
1. Commodities may be set for jump in 2018
In what has been an excellent year for stocks and cryptocurrencies, traditional commodities (outside oil) have lagged in 2017 and may be set for their own rally in the coming year.