Technology and financial shares led a broad-based selloff in U.S. stocks as investors’ worries about Europe’s debt crisis outweighed upbeat domestic manufacturing and housing data. Continue Reading…

London Stocks End Lower; Investors Shed Hopes

FTSE 100 ends down 1.1% at 5450.65, as investors shed hopes that there will be some resolution to the euro-zone crisis when this week’s EU summit concludes. Continue Reading…

The UK Debt Management Office (DMO) is due to tap the 0.125% Mar 2029 IL Gilt issue Tuesday for Stg1.25bln. This is the third tap following its launch via syndication on Nov 22 and takes the total amount outstanding to E7.475bln. Continue Reading…

Spain’s Tesoro Publico is planning to re-open a 3-month Letra maturing Sep 21, and re-open a 6-month Letra maturing Dec 14, for an indicative size of E2.0-E3.0bln on Tuesday. Continue Reading…

(1315,10) The S&P confirmed on Friday a session of consolidation remaining interior the lower part of Thursday’s range forming a new inside day with 1354,50 – 1316,50 the levels to follow in the coming hours. Continue Reading…

The Dutch State Treasury Agency (DSTA) re-opens its 10-year benchmark 2.25% July 2022 DSL issue Tuesday for between E2.0bln-E3.0bln indicative size. Continue Reading…

July soybeans were trading 32 1/2 cents higher near 7:30 cst with November up 42 1/2 cents. China futures closed 1.9% higher overnight while Malaysia palm oil prices were up 2.6% overnight after gaining near 4% last week. Continue Reading…

Unlike gold, the silver market wasn’t able to rebound from the lows forged last week. While silver could be considered short term technically oversold after last week’s slide of $2.50 an ounce, the overall macro economic outlook seems to favor the bear camp to start. Continue Reading…

With decent weather in the forecast this week for West Africa and uncertainty in outside market forces, the cocoa market looks to see some follow-through selling after very weak technical action on Friday. Continue Reading…

August natural gas prices broke out to their best level since May 25th in overnight action and looked poised for a test of the May high of $2.881. Continue Reading…