emini s&p brokers

emini s&p brokers

August 8th, 2016

U.S. stock markets pointed to more gains at the open on Monday, with the S&P 500 and Nasdaq on track to hit fresh record highs as sentiment was underpinned by a stronger-than-expected U.S. jobs report released Friday.

The blue-chip Dow futures tacked on 36 points, or 0.2%, by 10:53GMT, or 6:53AM ET, the S&P 500 futures inched up 4 points, or 0.18%, while the tech-heavy Nasdaq 100 futures advanced 13 points, or 0.26%.

U.S. stocks notched their best day in a month on Friday, with the S&P 500 and Nasdaq closing at record highs after data showed the U.S. added 255,000 jobs last month, beating forecasts and bolstering expectations of faster economic growth.

The upbeat jobs figure reignited speculation that the Federal Reserve will lift interest rates by the end of this year. Fed funds futures are currently pricing in a 15% chance of a rate hike by September. December odds were at around 44%, up from 33% ahead of the report.

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natural gas futures brokers

natural gas futures brokers

August 3rd, 2016

U.S. natural gas futures jumped in North America trade on Thursday, after data showed that natural gas supplies in storage in the U.S. fell unexpectedly last week, as a recent heat wave prompted households to ramp up their air conditioning.

Natural gas for delivery in September on the New York Mercantile Exchange rose 2.5 cents, or 0.88%, to trade at $2.864 per million British thermal units by 14:33GMT, or 10:33AM ET. Prices were at around $2.837prior to the release of the supply data.

A day earlier, prices surged 10.6 cents, or 3.88%, as traders placed wagers that this week’s storage data would be on the bullish side.

The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. in the week ended July 29 declined by 6 billion cubic feet, compared to forecasts for an increase of 2 billion.

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cotton futures news

cotton futures news

August 2nd, 2016

The International Cotton Advisory Committee joined the round of deep cuts to estimates for world cotton stocks, citing improved expectations for Chinese demand, following well-received auction sales.

The intergovernmental group cut by 840,000 tonnes, to a four-year low of 18.63m tonnes, its forecast for world cotton inventories at the close of 2016-17, which began on Monday.

The revision is the latest in a series of downgrades by leading commentators on stocks expectations, with the US Department of Agriculture last month cutting its forecast for carryout inventories in the new season by 750,000 tonnes to 19.88m tonnes.

Cotlook has raised from 966,000 tonnes to 1.3m tonnes its forecast for the world cotton production deficit in 2016-17.

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wheat futures news

wheat futures news

July 29th, 2016

Persistent rains are continuing to shrink expectations for Argentine wheat sowings this year – although, as ever, the exact extent of seedings remains a matter for debate.

The International Grains Council cut its forecast for Argentine wheat seedings by 200,000 hectares to 5.0m hectares, citing the heavy rainfall which has, besides hampering plantings directly, also delayed the soybean harvest, and the freeing-up of land to sow with the grain.

“Seeding in Argentina is normally finished by the end of July, but excessive rains continued to hamper progress,” the IGC said.

“Delays are most notable in southern parts of Buenos Aires province, where some producers may switch to shorter-season varieties,” thanks to being forced to sow outside the ideal planting window.

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