US consumer confidence drops in July on labor market outlook

Jul 28, 2015 15:56 pm UTC| Commentary

The Conference Boards index of consumer confidence fell much more sharply than expected in July, coming in at 90.9 (forecast/consensus: 100.0) from a downwardly revised June reading of 99.8 (initial: 101.4). The July drop...

U.S. Conference Board's Consumer Confidence Index (July), S&P Case-Shiller House Prices (May)

Jul 28, 2015 15:25 pm UTC| Commentary

Consumer confidence was knocked down in the U.S., and Canada, in July, sparked in some measure by turmoil in overseas markets. Not much should be read into one months move but it is not encouraging on the spending front,...

German's unemployment rate to be stable in July

Jul 28, 2015 12:20 pm UTC| Commentary

Germans unemployment rate in June was 6.4%. The number of unemployed in Germany in July is expected to have declined by 5 thousand, following the small drop of 1,000 in June. Therefore, the unemployment rate is expected to...

UK economy to expand further

Jul 28, 2015 10:46 am UTC| Commentary

The UK economy is expected to expand further, mainly driven by domestic demand, especially private consumption, which is stimulated by a combination of low interest rates, very high consumer confidence, increasing house...

Excellent weather conditions and squaring of long positions to weigh on US corn price

Jul 28, 2015 09:20 am UTC| Commentary

The weather conditions in the key corn-growing areas of the US Midwest have improved considerably of late following the excessive rainfall earlier in the summer.At the same time, short-term-oriented market participants,...

Chinese gold imports fall to ten-month low in June

Jul 28, 2015 09:19 am UTC| Commentary

Gold has not been able to hold its own above the $1,100 per troy ounce mark despite a weak US dollar and slid for a time yesterday to $1,089. The depreciating US currency meant that the price in euro terms was under even...

Speculative net short positions in gasoil

Jul 28, 2015 09:17 am UTC| Commentary

Speculative positioning in gasoil is net short for the first time since November 2014. Thich is attributable above all to a renewed sharp increase in short positions. Oil prices fell yesterday for the fourth consecutive...