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Updated: 3 hours 51 min ago

Corn Prices quoted in USD per tonne

Thu, 09/02/2021 - 15:58
#CQGWeeklyGlobalCornRecap #cornfutures #corn ‌‍‍‍‍ CQG Integrated Client Get a 2-week free trial  

Corn Prices quoted in USD per tonne

Thu, 09/02/2021 - 15:54
#CQGWeeklyGlobalCornRecap #cornfutures #corn ‌‍‍‍‍ CQG Integrated Client Get a 2-week free trial  

The Great Market Transformation - how to detect investment signals

Wed, 09/01/2021 - 16:53
We are now on the edge of a great market transformation, driven by unprecedented environment forces including global expansion of COVID-19, disruptive climate change risks, uncertainty of the global economic growth, and increased geopolitical risks in the Middle East and Central Asia. In addition to that, many countries around the world have initiated efforts to attain a decarbonized society, potentially a game-changer capable of transforming existing energy ecosystems. An era of such great market transformation presents unique challenges for investors assessing current market conditions.

Soybeans Prices quoted in USD per tonne

Wed, 09/01/2021 - 12:13
#CQGWeeklyGlobalSoybeansRecap #soybeansfutures #soybeans ‌‍‍‍‍ CQG Integrated Client Get a 2-week free trial  

Corn Prices quoted in USD per tonne

Wed, 09/01/2021 - 12:09
#CQGWeeklyGlobalCornRecap #cornfutures #corn ‌‍‍‍‍ CQG Integrated Client Get a 2-week free trial  

The Roundtable Insight – Harley Bassman, Brian Pellegrini and Yra Harris on the Economy and the Financial Markets

Wed, 09/01/2021 - 12:02
Harley Bassman, Brian Pellegrini and Yra Harris on the Economy and the Financial Markets Mr. Bassman is a Managing Partner at Simplify Asset Management, a designer and manager of ETFs that offer better portfolio solutions for Financial Advisors and Independent Investors. He will continue to pen an episodic macro-economic Commentary as well as manage a “hedge fund of one”. Brian Pellegrini is Founder and Senior Analyst at Intertemporal Economics. Intertemporal Economics is guided by the mission of providing distinctive research to discriminating clients. Yra Harris is a highly respected

A Golden Coma

Wed, 09/01/2021 - 09:55
After soaring to an all-time peak in August 2020 in US dollar terms, gold has traded on either side of $1800 per ounce throughout 2021. The yellow precious metal reached a record level in nearly all currencies in 2019 and 2020. Gold was the first member of the commodities asset class to reach record territory; in 2021, copper, lumber, and palladium followed gold to new record highs, with many other raw materials rising to multi-year highs. Gold is a hybrid as it is a metal with industrial applications and a financial instrument with thousands of years of history as a store of value and means

Notes From Underground: Powell’s Pathetic Political Posturing

Mon, 08/30/2021 - 10:55
First of all, my offer of any part of a $10,000 bet with 10-1 odds against Jerome Powell being renominated as FED CHAIR is OFFICIALLY RESCINDED. The Fed Chair’s speech was so pathetic that it can only be explained by his desire to be renamed central bank head. Powell’s speech would be called DOVISH on any given week but there were six FED presidents speaking out in favor of moving up the schedule for tapering QE to counterpunch. It was not only the increased hawkish stances of previous UBER DOVES, which provided cover for Powell but the highly esteemed Mohammed El-Erian and Larry Summers also

Market Summary: August 29, 2021

Mon, 08/30/2021 - 10:43
In a stunning reversal, petroleum prices recovered all of last week's price plunge plus an additional 2 to 3%. Diminishing COVID-19 concerns and clear signs of recovering demand from the US, China and India, further aided by a weakening dollar, were the key drivers propelling prices higher. Total commercial petroleum inventories in the United States fell by 5.298 MB. On the week, WTI gained 10%, Brent 11%, RBOB 12% and ULSD 10%. At the time of this writing, Hurricane Ida is rapidly intensifying as it approaches the state of Louisiana with expected wind speeds of greater than 140 MPH,

B3 Brazilian Exchange partners with CQG

Mon, 08/30/2021 - 06:00
CQG Announces Connectivity to Brazilian Exchange B3 for Trading and Market Data CHICAGO / SÃO PAULO – Aug. 30, 2021 CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, announced today that it has added to its global network of exchanges B3, one of the world’s largest financial market infrastructure companies. CQG’s clients around the world can now obtain trading and market data access to the Brazilian markets for their listed commodities, interest rates, treasury, and equities products. B3 trading customers in Brazil

Notes From Underground: For What It’s Worth

Thu, 08/26/2021 - 11:03
There is a wonderful song from the tumultuous 1960s by the band Buffalo Springfield that is so apropos for the financial markets over the last two weeks (staying away from Kabul). The lyrics for the first two verses describe the situation for investors as we approach the tectonic plates of monetary policy that have provided the Kansas City Fed Symposium at Jackson Hole with its heightened significance. Several keynote speeches revealing policy changes have been delivered to this August group. “There’s something happening here, But what it is ain’t exactly clear There’s a man with a printing

The One, Two, Three of Support and Resistance

Mon, 08/23/2021 - 15:17
I love creating sayings that drive home truths in technical analysis. One of my favorites has always been: “First test good, second okay, third go the other way.” So, what does it means? It means that the first test of a support or resistance level usually is a good price level for buying support or selling resistance. Why? Because most traders are afraid that recent market momentum will result in a break of that support or resistance level. That’s why this first test is usually a good trade for intermediate to long-term trend-following pullback traders.   ‌‍‍‍‍ CQG Integrated Client

Market Summary: August 22, 2021

Mon, 08/23/2021 - 15:07
Petroleum prices plunged more than 8% this week, their largest weekly loss in more than nine months. Prices have fallen for seven consecutive days and are at their lowest level since May 20th. The last time WTI fell for seven consecutive trading days was in September 2019. The last time Brent fell for seven consecutive days was in February 2018. On the week, WTI fell more than 9%, Brent 8%, RBOB 10% and ULSD 8%. A sharp global resurgence in the delta variant of the Covid-19 virus depressing demand, pressure from significant releases from China and India’s Strategic Petroleum Reserves and

Seven Popular Studies Using RTD Formulas

Thu, 08/19/2021 - 15:10
This post builds upon CQG’s Product Specialist Helmut Mueller post titled “Most Wanted Seven Studies Plus a Bonus Trading System.” His post provides a PAC with the following studies: Chande Momentum Oscillator Dynamic Momentum Index Guppy and Guppy2 (exp) McClellan Oscillator Money Flow Index – MFI Relative Momentum Index (RMI) Relative Vigor Index - RVI Bonus: Parabolics Trading System This post provides a downloadable Excel spreadsheet with RTD functions for all of the above studies and the Parabolics Trading System. The original PAC is required to be installed in CQG. Each tab is a

What's New in CQG Desktop Version 6.7

Mon, 08/16/2021 - 15:08
General New partner widget: Socrates New widget: All Contracts Ability to select system color scheme to match what device system is using Updated clock to be brighter Added full contract metadata information in CSPEC widget Trading Ability to use a demo account without having to log off/log on (contact your broker for setup) OTC/HMS Publish Bids & Offers widget Added filtering Added ability to select/deselect all locations Added multi-select for products Added custom currency support Added pricing type column to orders widgets We hope that these updates help improve your trading

Notes From Underground: Before I Break

Mon, 08/16/2021 - 11:17
On Sunday, we acknowledge the 50-year anniversary of Richard Nixon’s decision to close the GOLD EXCHANGE WINDOW and put an end to the post-World War monetary system known as Bretton Woods. I can say exactly where I was: A bus station in Afula, Israel buying ice cream in dollars and the price rose as it was the day after the announcement. The proprietor told us prices increased because the dollar bought less. I truly had no idea but just remember that it happened in real time and proved not to be a transitory event. Much is being written about the anniversary and the implications for the

Market Summary: August 15, 2021

Mon, 08/16/2021 - 11:09
Petroleum prices ended the week mixed as the monthly IEA report warned of slowing demand growth linked to the ongoing resurgence of COVID-19 delta variant cases which reached six-month highs in the US. OPEC in its monthly report left its demand growth expectations unchanged though warned of increasing output growth from non-OPEC+ participants, led by shale producers in the United States. Increasing signs of sharp changes in policy in China that will alter the flow of petroleum to and from that country served to further temper price growth. These largely negative features were offset in part

The Roundtable Insight – Russell Napier and Yra Harris on Financial Repression and the Age of Debt

Fri, 08/13/2021 - 12:52
Russell Napier and Yra Harris on Financial Repression and the Age of Debt. Russell Napier is author of the Solid Ground Investment Report and co-founder of the investment research portal ERIC. He has written macroeconomic strategy papers for institutional investors since 1995. Russell is founder and director of the Practical History of Financial Markets course at Edinburgh Business School and initiator of the Library of Mistakes, a library of financial markets history in Edinburgh. Russell is a CFA Society Fellow. Yra Harris is a highly respected global macro analyst and trader for four

Notes From Underground: Bye Bye, Jerome Powell

Mon, 08/09/2021 - 10:26
Early last week Senator Elizabeth Warren made her case against Chair Jerome Powell. In a Financial Times article, the senator blasted Powell for his light regulatory touch while praising the efforts of Governor Lael Brainard. Yet many believe Powell is a shoe-in to be reappointed Fed Chair (as much as an 85% chance at some sites). It was Warren who killed off Larry Summers in 2013 along with her anti-Wall Street cronies at the time — Senators Sherrod Brown and David Vitters. It appears that Warren will block Powell and look to place Brainard in the chair position as she is on record as being

Market Summary: August 8, 2021

Mon, 08/09/2021 - 10:17
The likely growing impact on demand from a serious resurgence of the delta variant of COVID-19 propelled petroleum prices to their largest weekly drop since the week of October 2nd , 2019. Reinstituted restrictions particularly in China, the focal point of global demand growth, propelled Crude prices below $70 per barrel. A stronger dollar and growth in US Crude inventories further aided price declines. On the week, WTI lost 7.7%, Brent 6.3%, RBOB 3.3% and ULSD 5.1%. Despite an overwhelmingly bearish week, there is a growing undercurrent of concern regarding an increase in hostilities in the