December lost 131 points to close at 63.19 cents/lb, while March dropped 74 points to close at 62.28 cents/lb, which pulled down New York cotton futures this week. “It was another uneventful week in the cotton market, as values ...
Tags: cotton futures, Textile
Kemet Corp. was among the biggest gainers on the Russell 2000 for September 18 as the stock popped 5.13% to $4.71, representing a gain of $0.23 per share. Some 183,200 shares traded hands on 749 trades, compared with an average daily volume ...
Tags: Kemet, Biggest Gainers, Electronics
In comparison to closing of August 8, the December New York cotton futures contract moved up only 14 points over last Friday’s (August 15) settlement and maintained a 200 point trading range on the week. This leaves one thinking, ...
A lack of investment interest in gold is starting to take its toll on the price, with an average of $1,225/oz forecast for 2014 and heading lower in 2015, GFMS said Thursday in its Gold Survey 2014. The price forecast is 13% lower than ...
Tags: Gold Price, Physical demand
Starting Monday the value of the renminbi will be allowed to fluctuate 2% above or below a daily reference rate set by the People’s Bank of China. Widening the band, which had a 1% range in both directions since April 2012, was a ...
Tags: Yuan Trading Band, central bank
Soybeans were lower on fund and technical selling. The near term supply remains tight and demand continues to look strong, keeping the fundamentals pretty much bullish. Past that – there's acreage position squaring against corn and ...
U.S. cotton futures could “spend a lot of time” in a trading range between 76 cents and 88 cents a pound for the remainder of the 2013-2014 marketing year, which is not much above the latest close of 86.8 cents per pound (Jan. ...
Yesterday the gold price in New York rose back to close at $1,228.40 after which Asia lifted it to $1,234. The dollar hardly moved at $1.36.12: €1 ahead of London's opening. In London the gold price was Fixed at $1,232.25 up $6.25 on ...
Tags: Electrical, Electronics
March CBOT corn futures retreated Tuesday amid speculation that the U.S. Department of Agriculture will raise its production estimate for the 2013-2014 crop that was harvested in the fall, in a report due out this Friday. Technically, ...
Tags: USDA, Bearish for Corn
Corn and soybeans were up; cotton was mixed; and wheat was down for the week. As the Christmas season quickly approaches trading volume has reduced substantially with the exception of soybeans which have high volumes when accounting for ...
Tags: Crop Comments
Twenty-five sessions and counting! That's how long the March contract has been confined to this extremely narrow range of just 212 points, closing no lower than 77.23 cents and no higher than 79.35 cents since October 31st. We probably ...
Tags: cotton, trading opportunity, hedge funds, future, trading range
Trading ranges for rhodium narrowed modestly this week on increased activity from investment banks and buying interest from industrial consumers in East Asia, traders and other market participants said Friday. The Platts New York Dealer ...
Tags: Metallurgy, Mineral, Energy
With cotton crop estimates for the US and India increasing week after week due to the swift advance of harvest and surprisingly good yields, selling pressure eventually became heavy enough for December to break through important support ...
There is no point in believing that trading in Forex is free from all sorts of risks. It has been perceived that people investing in Forex lose a substantial amount of cash. People who are not aware about all vital facts and figures ...
Tags: Trading Strategy
Crude futures settled higher Thursday, with the ICE April Brent contract bouncing off Wednesday's 2013 lows to expire 90 cents higher at $109.42/barrel. The May contract settled up 72 cents at $108.96/b. NYMEX April crude closed US ...
Tags: Crude futures, crude, crude industry