Going into the end of April, the economic outlook for the Chinese economy is “unchanged”, the outlook for the US is only minimally improved, and the outlook for the Euro zone is better than most expectations.
Cotton
Slowdown in China’s Economy Reason For Punishing Slide in Commodity Prices
While the Jury remains out on the situation in China, it is our opinion that most commodity markets have become too bearish toward near-term demand prospects and the global economy.
Slowdown in China’s Economy Reason For Punishing Slide in Commodity Prices
While the Jury remains out on the situation in China, it is our opinion that most commodity markets have become too bearish toward near-term demand prospects and the global economy.
Chinese Commodity Price Trends; Overblown Concerns
Make no mistake: The ebb and flow of Chinese physical commodity demand remain paramount to commodity price trends! Clearly Chinese growth has slowed, and clearly there has been an added fear of credit turmoil inside of China with their recent bond failure.
Is the US Economy Slipping Back?
While Treasury and gold prices seem to think that the US economy is slipping back into a slow or no-growth posture, the odds are good that economic activity was merely crimped by one of the coldest and snowiest winters on record.
Tell-tale Signs of an Improving Global Economy
The price action in many physical commodities over the last two months has been very impressive, and that action is indicative of a global economy that is waddling its way toward recovery.
Overall Uncertainty Continues to Decline
The overall outlook for commodities is slightly improved from last week’s dismal view. Clearly the US economy has remained suspect in the wake of the second disappointing Non-Farm Payroll result in a row.
Surprises in the First Week of 2014
In the first week of 2014, the biggest surprises have been a strong upward reaction in precious metals prices, a series of declines in equities and a massive, concentrated slide in crude oil prices.
Market Spotlight: Soybean Meal
Soybean Meal is produced through processing and separating Soybeans into oil and meal components. By weight, Soybean Meal accounts for about 35% of the weight of raw Soybeans (at 13% moisture). If the Soybeans are of particularly good quality, then the processor can get more meal weight by including more hulls in the meal while still meeting the 48% protein minimum.
What Is a Trend Line?
What is a Trend Line? A trend line is an upward or downward sloping line on a chart indicating movements of prices over a period of time, generally occurring after two or more points of resistance or support. You can choose to trade a market based on support “holds”and resistance “setbacks”, or get involved in… Read more.