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Updated: 1 hour 23 min ago

CME Globex Forex Dashboard

Mon, 03/22/2021 - 00:00
This Microsoft® Excel dashboard presents a range of market data using CME Forex Symbols. However, you can enter in your own symbols. Always use upper case for symbols. Enter into the Symbol Box the symbol. The top row is the previous session’s open, high, low, and close. You can see the session time for the high and the low. Next to the HiLoAlert is a value that if the difference between the high or low and the last price is that amount or less then the high or low is backlighted red or green. If the last price matches the open then the open price is highlighted in blue. The PX... more

Market Summary: March 21, 2021

Mon, 03/22/2021 - 00:00
Petroleum prices suffered their largest weekly loss since October, falling for six consecutive trading days before recovering slightly on Friday. Driven by a significant recovery in the dollar, Thursday saw the largest single day loss in 11 months. Vaccine issues in Europe leading to renewed lockdowns, 9 MBPD of global spare production capacity, an alarming increase in Iranian exports specifically to China, profit-taking and a simple case of oversupply in a number of key cash markets globally all weighed on prices. On the week, WTI lost 6.4%, Brent 6.8%, RBOB 9.6% and ULSD 7.4%. Total... more

Notes From Underground: How To Deal With Transitory Data

Fri, 03/19/2021 - 00:00
First, thank you to all  who filled in for me as I spent nine full days packing up my life in Chicago. Raising four children and being the repository for many of my loved ones “stuff” resulted in a drowning in memories as well as material possessions that raised questions about what the HELL was that for and why? Our last post was March 1 but I am proud to point out that there were about 74 comments on that entry, all but mine being extremely valuable. Thank you to all for the way you raised the bar for discourse even higher. On Thursday, I had the pleasure sitting with... more

The Roundtable Insight - Yield Curve Control, Inflation and the Markets

Fri, 03/19/2021 - 00:00
Presented by Finacial Repression Authority. Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020), Escape from the Central Bank Trap (2017), The Energy World Is Flat (2015), and Life in the Financial Markets (2014). Yra Harris is a highly respected global macro analyst and trader for four decades---knowledgeable in Foreign Exchange, Global Bonds, Commodities and Equities. His work is subscribed to by thousands and is highly valued by professional global macro discretionary traders. Read the NOTES FROM UNDERGROUND archives... more

What's New in CQG Desktop Version 6.2

Tue, 03/16/2021 - 00:00
General Various bug fixes and enhancements   We hope that these updates help improve your trading workflow. We continually strive to improve your CQG Desktop experience. We invite you to vote for or enter features you want via our CQG Forums site. And see past release notes on our website. Happy Trading! The CQG Desktop Team Log on to CQG Desktop

Market Summary: March 14, 2021

Mon, 03/15/2021 - 00:00
Crude prices eased at week’s end after reaching their highest levels since January 2020 on Wednesday. This was the first week in three that Crude prices fell. Refined product prices continue to increase, particularly Gasoline, as the market is still recovering from the aftereffects of the Texas freeze. On the week, WTI fell 0.7% and Brent 0.2% while Gasoline gained 4.1% and ULSD 1.2%. Crude stocks grew and refined product stocks fell, both substantially. An increase in refinery utilization this week of 13%, the largest weekly gain ever, is expected to continue over the next few weeks until... more

Market Summary: March 7, 2021

Tue, 03/09/2021 - 00:00
Petroleum prices rose more than 7% on the week, approaching two-year highs on the surprise OPEC+ decision to maintain output at current levels, dashing expectations of a small production increase amid evidence of global market demand emerging from the yearlong Covid-19 pandemic. On the week, WTI gained 7.5%, Brent 7.7%, RBOB 5.9% and ULSD 5.5%. Three major investment banks now see a $70-$80 price range for Crude in the third quarter and possibly sooner. The US-based IEA now sees OECD commercial inventories back to their pre-pandemic five year average. The lion’s share of statistics related to... more

SPDR S&P Kensho Smart Mobility ETF Dashboard

Tue, 03/09/2021 - 00:00
Traders and investors have a multitude of opportunities for theme investing. That is, ETFs are structured to invest in companies that are part of an industry, such as Biotech, Internet, Aerospace, etc. One such example is the SPDR® S&P Kensho Smart Mobility ETF. According to the State Street Global Advisors’ website, this ETF “seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Smart Transportation Index (the “Index”).” “Seeks to track an index that is designed to capture companies whose... more

Using the CQG BarInt Function

Thu, 03/04/2021 - 00:00
The BarInt function can be useful when creating Custom Studies or Conditions which can be applied to different timeframe but where a point of reference may be different whether you are looking at an intraday chart or a Historical chart (Daily Weekly and above). When applied to an intraday chart, the BarInt function will return the timeframe of that chart in numeral terms (the value “5” for a 5 minute chart). For Historical timeframes, the function returns the following values: Chart Interval BarInt Value 5 min 5... more

Using the CQG Modulus Function

Thu, 03/04/2021 - 00:00
One of the simplest examples for this function is to find out whether a value is an even number. Modulus (Close(@),2) = 0 In other words, the result of the formula above would give us the remainder of the operation Closing Price/2. If the result is different than 0, the Closing Price of the bar in question is not an even number. If the remainder of the operation is 0, then the Closing Price is an even number. The best example for this function would be to find out whether a year is a leap year. The definition of a leap year is a year that is divisible by 4, but not by 100, unless... more

Notes From Underground: Bonds Talking Trash To the Central Banks

Tue, 03/02/2021 - 00:00
Last week the world’s bond markets experienced an assault propagated by the MISERABLE U.S. five-year Treasury note auction on Wednesday followed by a more dismal seven-year sale on Thursday. Also, the Australian and KIWI 10-year notes suffered massive bouts of volatility even as the RBA and RBNZ intervened with more QE to stem the rise on the long end. We at Notes From Underground have warned that the markets were attacking the FORWARD GUIDANCE motivations of the world’s monetary authorities by attacking the long end of the yield curve as the area of least resistance because central bank... more

Commodities Scream Inflation

Mon, 03/01/2021 - 01:00
In August 2020, the US Federal Reserve made a not-so-subtle change to its inflation policy. The world’s leading central bank shifted from a 2% target to an average of a 2% target for the economic condition. Inflation is a general increase in prices and a decline in the purchasing value of money. The US central bank controls monetary policy. It sets the short-term Fed Funds rate, which remains at zero percent. The global pandemic caused the Fed to use quantitative easing to push rates lower further out along the yield curve to encourage borrowing and spending and inhibit saving to stimulate... more

Market Summary: February 28, 2021

Mon, 03/01/2021 - 00:00
Declining inventories in the aftermath of the previous week’s deep freeze, now referred to as winter storm Uri, as well as continued reductions in global stocks and a measurable decline nationally in Covid-19 cases were among the key drivers that propelled petroleum prices to 13 month highs midweek. A stronger dollar, a likely OPEC+ supply boost at their meeting scheduled for March 3rd and 4th, profit taking, refined product and Brent expiries and technical signals indicating petroleum contracts as severely overbought led to a softening of prices at week’s end. On the week, WTI prices gained... more

The Commodity Supercycle is Priced in US Dollars

Mon, 03/01/2021 - 00:00
Over the past few months there’s been an increasing buzz about commodity prices… grains, crude oil, industrial and precious metals have all broken to the upside and one of the most uttered phrases on my newsfeed has been, “commodity supercycle”. Instead of writing another article on this nascent bull market in commodities, I thought it would be interesting to explore the bear market that’s fueling all this bullish commodity talk. Looking closely at Figures 1-3 we notice how the US Dollar Index’s failure at the 94.50 area during early November, 2020 shifted the bull move in the Goldman... more

Podcast: The 4 Horsemen: David Rosenberg, Jim Bianco, Peter Boockvar and Yra Harris

Mon, 03/01/2021 - 00:00
The 4 Horsemen: David Rosenberg, Jim Bianco, Peter Boockvar and Yra Harris take a look back over the last year of Covid-19, and the effects it had on the markets. Check out the disscussion here.  Presented by Finacial Repression Authority. 

Aquarius Financial Technologies partners with CQG

Fri, 02/26/2021 - 00:00
CQG’s strategic partnership will enable Aquarius to launch its first institutional grade cryptocurrency exchange in Q3 2021 London / Chicago / Denver, March 4, 2021 Aquarius Financial Technologies Ltd. (Aquarius), a next generation trading technology provider, today announced a strategic partnership with CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges. The partnership will support Aquarius’ vision to launch an institutional-grade global cryptocurrency exchange using CQG’s proprietary technology. Under the... more

What's new in CAST 2 v2.21

Wed, 02/24/2021 - 00:00
Ability (in CAST2 only) to restrict acct from opening a short position in CAST2 only New CAST user permissions to modify Authentication System (2FA) for trader and CAST user Create an Order Handler Thanks for being a valued partner. We hope that these updates help improve your administrative workflow as we continue to improve your CAST 2 experience. Send us feedback on features that you like or want via our CQG Forums site CAST2 Help site Previous release notes The CQG CAST Team

Japan Exchange Group and CQG Discuss Rubber Contracts

Tue, 02/23/2021 - 00:00
JPX presents rubber contracts listed on their derivatives exchange, Osaka Exchange, with incentive program. CQG then shows how can find the data on CQG, and related functions. Videos JPX presentation CQG presentation

Yra and Angelo Discuss the Steepening Yield Curve and its Effects on Asset Classes

Thu, 02/18/2021 - 00:00
Here is a recording with Yra Harris and Angelo Gallo discussing the Yield Curve and the effect on various markets and sectors depending on the Fed and the Treasury. View the video, using CQG IC charts, here.  Presented by WhiteWave Trading Strategies.

What's New in CQG Desktop Version 6.1

Thu, 02/18/2021 - 00:00
General Added column to open the Options widget from QSS Added entry point to symbol display settings and symbol trading settings on right-click on a symbol Added "Trade..." to the right-click menu on orders OTC/HMS Publish Bids & Offers widget: added ability to group commodities by location when multiple locations are selected Positions, Orders, and Fills widgets: added columns for units Manage Custom Market widget: added more columns We hope that these updates help improve your trading workflow. We continually strive to improve your CQG Desktop experience... more