Commodities Futures

  • Aug 23- U.S. stock index futures were higher on Tuesday as investors shrugged off a drop in oil prices and awaited Federal Reserve Chair Janet Yellen's speech this week for clues on the next interest rate hike. *As the U.S. earnings season winds down, investors are focusing on the annual meet of global central bankers at Jackson Hole, Wyoming, from Thursday, for clues...

  • SHANGHAI, Aug 23- China bond futures posted their sharpest fall in three months on Tuesday as the prospect of more liquidity injections by the central bank into the financial system reduced expectations of more aggressive policy easing. Traders said the People's Bank of China asked banks about demand for 14- day reverse bond repurchase agreements for the...

  • SHANGHAI, Aug 23- China treasury futures slumped on Tuesday after the central bank asked banks about demand for 14- day reverse bond repurchase agreements for the first time since February, traders said. The People's Bank of China has relied on issuance of seven-day reverse repos in daily open market operations this year, injecting cash on a regular basis to...

  • International Brent crude oil futures were trading at $48.86 per barrel at 0644 GMT, down 30 cents, or 0.61 percent, from their last close. The bank said a proposal by members of the Organization of the Petroleum Exporting Countries and other producers like Russia to freeze output at current levels "would leave production at record highs" and therefore do little...

  • *Soybeans, corn fall as USDA rates crops in healthy condition. SINGAPORE, Aug 23- Chicago soybean futures lost ground on Tuesday, while corn slid for a second session, with renewed pressure on prices after a U.S. government report showed both crops thriving in near-perfect weather. Chicago Board of Trade most-active corn contract fell 0.5 percent to $3.40-3/ 4 a...

  • International Brent crude oil futures were trading at $48.54 per barrel at 0235 GMT, down 62 cents, or 1.26 percent, from their last close. The bank said a proposal by members of the Organization of the Petroleum Exporting Countries and other producers like Russia to freeze output at current levels "would leave production at record highs" and therefore do little...

  • SYDNEY, Aug 23- U.S. corn futures fell for a second session on Tuesday after the U.S. Department of Agriculture pegged the condition of the crop above market forecasts, further fuelling expectations of bumper supplies. *Analysts had expected the USDA to report a decline in the condition of the corn crop, with soybeans seen as unchanged. *USDA said private exporters...

  • Hedge funds and other money managers increased their net long position in the three main Brent and WTI futures and options contracts by 118 million barrels in the week to Aug. 16. Front-month Brent futures prices jumped from $41.50 a barrel on Aug. 2 to $49.23 on Aug. 16 and continued rising to reach $50.88 on Aug. 19 for an increase of more than 20 percent.

  • SINGAPORE, Aug 23- Oil prices fell early on Tuesday as analysts including Goldman Sachs warned that August's price rally had been overdone, and that a proposed oil production freeze at current near record levels would not help rein in an oversupplied market. International Brent crude oil futures were trading at $48.98 per barrel at 0032 GMT, down 18 cents from...

  • Bulls running

    Here's more evidence this summer's stock market rally is broad-based.

  • Hedge funds and other money managers increased their net long position in the three main Brent and WTI futures and options contracts by 118 million barrels in the week to Aug. 16. Front-month Brent futures prices jumped from $41.50 a barrel on Aug. 2 to $49.23 on Aug. 16 and continued rising to reach $50.88 on Aug. 19 for an increase of more than 20 percent.

  • *As the earnings season comes to a close, investors are focusing on the annual meeting of central bankers from around the globe in Jackson Hole, Wyoming. Investors expect Fed Chair Janet Yellen, who speaks on Friday, to give more clarity on what the Fed is likely to do with the rates. *Statements from Fed officials last week have been perceived hawkish, with New York Fed...

  • That followed comments last week from New York Fed President William Dudley that the labour market is improving, and from San Francisco Fed chief John Williams that waiting too long to lift rates could be costly for the economy. Spot gold was down 0.5 percent at $1,333.50 an ounce at 0930 GMT, while U.S. gold futures for December delivery were down $8.10 an ounce at...

  • SINGAPORE, Aug 22- Chicago soybean futures edged up on Monday after declining for two sessions, although gains were limited by expectations of historically high U.S. production. Chicago Board Of Trade most-active soybean contract rose 0.3 percent to $10.07-3/ 4 a bushel by 0321 GMT, having closed down 1 percent on Friday. "Investors have continued to pare back...

  • MELBOURNE, Aug 22- London copper held its ground on Monday in the face of a stronger dollar, with markets looking ahead to a breakdown of China's imports for fresh clues on its metals demand. *Shanghai Futures Exchange copper had finished Friday's late session down 0.1 percent at 37,290 yuan a tonne. *Hedge funds and money managers decreased their net long...

  • SINGAPORE, Aug 22- Oil prices fell on Monday as analysts doubted upcoming producer talks would be able to rein in oversupply, saying that Brent would likely fall back below $50 a barrel as August's over 20- percent crude rally looks overblown. International benchmark Brent crude oil futures were trading at $50.43 per barrel at 0025 GMT, down 45 cents, or 0.88...

  • NEW YORK, Aug 21- Judging by the way hedge funds have been betting on Wall Street, they see U.S. stock market volatility remaining low, but it may not be that simple. CBOE Volatility Index VIX) futures contracts allow a play on implied volatility in stock prices and can provide a hedge on equity returns, but big speculators are currently net short 114,088 contracts in...

  • Candles, lighting, lit

    Stephen Suttmeier of BofA Merrill Lynch discusses bullish sentiments for equities despite recent weeks with bearish technical developments.

  • *Oil up nearly $10/ bbl, or almost 25 pct, in just over 2 weeks. Crude futures have risen almost $10 a barrel since early August on speculation that Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries will agree next month to a production freeze deal with non- OPEC producers led by Russia. West Texas Intermediate crude settled up 30...

  • CHICAGO, Aug 19- U.S. soybean futures fell on Friday as the weather outlook for the Midwest bolstered expectations of a huge harvest in the fall, traders said. Chicago Board of Trade corn and wheat futures firmed, recovering from early weakness on short-covering and technical buying. The U.S. Agriculture Department on Friday morning said private exporters...

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