Risk sentiment received a shot in the arm last week after the latest FOMC meeting tamped down concerns over global growth and used more decisive language in favor of a December interest rate hike.
Soybean Oil
Impressive Stock Market Rally Has Continued in the Face of Mixed US Economic Data
An impressive stock market rally has continued in the face of mixed US economic data, China continues to show signs of weakness, and the Euro zone isn’t sure if it needs more central bank assistance.
The World is Creeping Toward Recovery
The impressive stock market rally so far in October highlights the ability of the marketplace to put an optimistic face on the global situation.
Markets Poised to See Declines in Equities, Gains in the Dollar
An important junction lies ahead as fears about China have returned to the marketplace despite two days of Chinese holidays finishing out the week.
Commodity Sentiment Was Overdone
We won’t suggest that the recent lows in many commodities are solid, but value-hunt buying of copper assets by Carl Icahn, a $4.00 single-day rise in crude oil prices, and a 1,000-point, 2-day bounce in the Dow suggest that sentiment was overdone on a number of fronts.
Near Term Gains, Deflationary Action Keeping Pressure on Commodities
Despite the best efforts of the left, right and center factions in Greece, the situation there should drift from being a major influence on international financial markets to a second page, sad, social event.
Change Is In the Air!
While the world continues to be disappointed with the rate of recovery in the US, Europe and parts of Asia, the skies are clearing, and signs of improving US Payrolls, strong global auto sales figures and rising energy prices suggest that the economy is moving back towards normal.
Outside Market Forces Weigh Heavily on Commodity Prices
In all markets, there are inside market forces and outside market forces. What outside forces are affecting physical commodity prices?
Negative Psychology From First Quarter to Remain
While US economic activity appears to have faltered a bit, evidence of recovery in the Euro zone is starting to surface.
World Economy Factoring a Return to Recession?
The list of positive global data flows expanded last week with improvements in UK Unemployment, China Retail Sales, and US February and March Industrial Production figures.