London Stocks End Dn; Data And Greece Weigh

FTSE 100 closes down 0.2% to 5916.55, as weak economic data from the euro zone and jitters about the Greek deal hit risk appetite, says trader. He says the fall in euro-zone PMIs is particularly worrying, suggesting “that bulls have found it hard to build a powerful case for pushing markets higher. Continue Reading…

May soybeans were trading down 4 3/4 cents late in the overnight session. China futures closed slightly lower after posting a 17-week high yesterday. Palm oil futures closed 0.6% lower overnight. Continue Reading…

May wheat was trading 1 3/4 cents lower late in the overnight session. Outside market forces look slightly negative today with a stronger US dollar and some light weakness in metal and energy markets. Continue Reading…

April natural gas prices trended lower throughout the early morning hours and have closed in on yesterday’s inside day trading range low of $2.705. It appears that the focus in the natural gas market has returned back toward record high US production and extremely large surplus compared to the five-year average of 38%. Continue Reading…

April crude oil prices rallied during the early morning hours but fell short of a test of yesterday’s high ($106.48). Since then, a dose of disappointing economic data and mounting
concerns whether Greece can execute new reforms and austerity measures has tempered the outside market tone. Continue Reading…

March silver was unable to definitively charge into a distinct upside breakout yesterday and that might have been the result of softer than expected Chinese silver import data or that might have been the result of gold maintaining the lion’s share of overall investment demand for metals. Continue Reading…

May coffee was unable to build upon yesterday’s rally but prices are staying clear of last week’s lows for the move for now. Relief that a Greek debt bailout deal was completed helped to lift coffee this week, although residual risk concerns are still likely to weigh on prices over the near-term. Continue Reading…

From last week’s lows to the highs this morning, April gold forged a rather impressive $54 an ounce rally and that in turn might have left the market short term overbought. Continue Reading…

May cocoa has fallen back from an early high for the move but has generally held its ground this morning. Concerns over upcoming West African production remain the main of support for cocoa, although prices may be taking a breather after sharp gains during the previous week. Continue Reading…

Treasuries generally remain off balance this morning with prices sitting just above yesterday’s new low for the move. Clearly the Treasury markets were under ongoing safe haven liquidation pressure over the last 24 hours as the recent events in the Euro zone have tamped down interest in safe haven instruments. Continue Reading…