Not surprisingly, the US Treasury market has started out under modest pressure this morning, as there appears to have been a return to a risk-on environment once again. In addition to generally supportive US scheduled data flows yesterday, the global markets generally seem to be pricing in a favorable result from the upcoming Greek debt swap event. Continue Reading…

May coffee has been able to post a modest gain this morning but remains fairly close to yesterday’s 15-month lows. Improving macro-economic sentiment from expectations that Greece will be able to complete their debt swap has helped to lift coffee as well as other physical commodity markets. Continue Reading…

The May silver contract has forged a noted range up move to start the US  Thursday morning trade. With a long list of outside market influences positive to start this morning, one gets the sense that a risk on vibe has returned and given the magnitude of the washout in silver prices since the late February highs, part of the gains this morning could still be technical short covering action. Continue Reading…

S&P 500 index (USD) wedge completed!… €STOXX50 (EUR) still struggling around the primary target… UK FTSE 100 (GBP) more weakness sought… GERMAN DAX (EUR) setback looks corrective… JAPAN NIKKEI 225 (JPY) temporary setback – new highs sought… SWEDEN OMXS30 (SEK) firm support in the 1037/50-area… NORWAY OBX (NOK) rejected from the triangle apex. Continue Reading…

Among the companies with shares expected to actively trade in Thursday’s session are AMAG Pharmaceuticals Inc. (AMAG), Alexza Pharmaceuticals Inc. (ALXA) and Kratos Defense & Security Solutions Inc. (KTOS). Continue Reading…

(1363,50) The S&P confirmed a positive closing while remaining interior the range of the previous session forming a new inside day with 1366,50 – 1337,50 the levels to follow in the coming hours. Continue Reading…

From a crude oil market balance perspective the outlook is clearly price positive. Generally, growth in demand looks set to continue increasing faster than supply, providing the basis for our bullish underlying market view. Continue Reading…

(6714) The DAX confirmed a session of consolidation interior the lower end of Tuesday’s range forming a new inside day with 6880 – 6590 the levels to follow in the coming hours. A break of the support will lead to further direct weakness toward the 6500 area. Continue Reading…

(140,17) The BUND formed a negative day reversal after a 140,50 overshooting. It failed therefore also yesterday to move much higher. We swapped our position to June at yesterday’s closing! (138,47 JUNE)the BUND confirmed a negative day reversal also for this contract but only a daily closing tonight below 138,39 will confirm a s/t top. Continue Reading…

Asian stock markets were higher Thursday fueled by growing optimism that Greece’s debt swap would prove successful, while hopes of more easing from the U.S. Federal Reserve and policymakers in China helped shares recover from a recent battering. Continue Reading…