Top Managed Futures News, Listings, Member Posts, Managed Futures Daily Indices and more!

2yrs ago Managed Futures blog.pricegroup Views: 413

We start off the day with MBA Mortgage Applications (09/Jul) and MBA 30-Year Mortgage Rate (09/Jul) at 6:00 A.M., PPI YoY & MoM (Jun) and Core PPI YoY & MoM (Jun) at 7;30 A.M., EIA Energy Stocks at 9:30 A.M., Fed Chair Powell Testimony at 11:00 A.M., Fed Beige Book at 1:00 P.M. and Dairy Product Sale at 2:00 P.M.

On the Corn front we traded higher in yesterday’s action. We will be looking and following weather with the latest forecast of a hot and dry weather from here through August and maybe September. And the South America’s crop and what they can export we see a possibility of U.S. supplies tighten up and we will start to see more movement in the export market. With these factors and tight carryover at best we could see the bulls back in the market off tomorrow’s weekly Export Sales data. Also remember this market is worried about yields.

On the Ethanol front the market is experiencing a significant recovery as drivers are hitting the road and driving again and soaring gasoline demand. The two recent court decisions put optimism on a detour short-term. The big ruling over the Trump Administration’s decision to sell E15 year round.

On the Crude oil front, tomorrow is the Last Trading Day for the August Crude Oil. The API data came in yesterday with Stocks down-4.079M, Cushing-1.585M, gasoline-1.545 and distillates a large build of +3.699M. All in all this market is trading a little pressure at the moment. The OPEC stale mate could elevate prices while traders are weighing the recovery of the coronavirus pandemic.

On the Natural Gas Front Royal Dutch Shell plc, said Monday it signed the World’s first term contract to supply carbon-neutral liquified natural Gas (LNG) to PetroChina Co. LTD subsidiary. Shell signed a five-year agreement with PetroChina Co. LTD (PCI). At the moment it has not revealed how much LNG would be supplied or when the agreement begins. Shell said it will work with PCI to offset carbon emissions from each cargo across the LNG value chain using carbon credits from natured-based projects.

Have A Great Trading Day!
Dan Flynn

Join us tomorrow at 7:30 as we discuss Export Sales on Rural Radio Channel 147 Sirius XM


Today's Managed Futures Headlines:

Log In for More
Access Over 250K+ Industry Headlines, Posts and Updates
Not a member yet?

Join AlphaMaven

The Premier Alternative Investment
Research and Due Diligence Platform for Investors

Free Membership for Qualified Investors and Industry Participants
  • Easily Customize Content to Match Your Investment Preferences
  • Breaking News 24/7/365
  • Daily Newsletter & Indices
  • Alternative Investment Listings & LeaderBoards
  • Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets, Presentations, Investment Mandates, Video PitchBooks & More!
  • Company Directory
  • Contact Directory
  • Member Posts & Publications
  • Alpha University Video Series to Expand Investor Knowledge
  • AUM Accelerator Program (designed for investment managers)
  • Over 450K+ Industry Headlines, Posts and Updates
ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY. CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THIS IS NOT A SOLICITATION FOR INVESTMENT. THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES. ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM. PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT.