London Stocks End In Positive Ground

FTSE 100 closes 0.8% higher at 5709.49, reversing the losses of the previous session. Man Group surges 4.8% after suffering steep declines Monday and after UBS says it could be of acquisition interest. On the downside, ARM Holdings ends 6.2% lower after royalty revenues disappoint. Continue Reading…

May soybeans were trading 6 3/4 cents higher late in the overnight session. China futures were down 0.5% overnight. Palm oil futures in Malaysia closed down 0.4% overnight. Equity markets in Asia were weaker to start, but the Hong Kong market eventually managed a minimal gain. Continue Reading…

June natural gas prices established a higher high during the overnight session following yesterday’s 4% gain. Positive short-term action appeared to be driven by short covering and might require a fresh flow of positive data to fuel more upside. Continue Reading…

The May silver contract has seen a bounce overnight and when one considers the magnitude of the slide in silver prices yesterday, some of the gains this morning might be technical short covering action. Continue Reading…

July cocoa has made some headway with recovering from Monday’s severe losses but for now remains well below the recent highs of the move. Last weekend’s Dutch budget crisis may have had an especially negative impact on the cocoa market, as the Netherlands is traditionally one of the largest global consumers of cocoa beans. Continue Reading…

June crude oil prices are on a higher track this morning, helped by a rebound in risk-taking sentiment, weakness in the USD and modest supply concerns. June crude oil prices appeared to stabilize yesterday’s late day gains throughout the overnight and early morning hours, and appears to be keeping tabs on outside markets for a better read on global oil demand. Continue Reading…

July wheat was trading 5 1/2 cents higher late in the overnight session. Outside market forces look positive today with a weak USD and strength in metal and equity markets. The US soft red crop in the eastern Corn Belt has progressed fast enough for some increased crop concerns for the cold weather forecast for later this week and early next week. Continue Reading…

The technical action remains supportive for the cotton market with the strong close yesterday and move to the highest level since April 3rd. The rally was especially impressive given the weakness seen in the stock market and selling pressures in many other commodity markets. Continue Reading…

One didn’t have to look to the charts this morning to know that Treasury prices were destined to start out a little softer today. In addition to a minor abatement of recent Euro zone debt fears, it is possible that many markets are already looking ahead to the upcoming US FOMC meeting. Continue Reading…

The gold market appears to be facing a marginally improved outside market environment today, as equities are generally higher and for the time being it would seem like anxiety toward the Euro zone debt situation is under control. Continue Reading…