Expectations for a withdrawal of 118 bcf Natural gas continued to grind lower A blow-off low is necessary to bring volatility back and inject fear Natural gas continued its descent as the price moved below the $1.80 level over recent trading sessions. The price fell to its latest low of […]
China Launches a Crush of Clinical Trials Aimed at Covid-19
In the quarantined Chinese city of Wuhan, health workers fighting the explosive outbreak of a new coronavirus have been improvising for weeks, trying to provide whatever care they can for Covid-19 patients whose symptoms range from a cough and fever to severe pneumonia, septic shock, and organ failure. In addition […]
Modeling Suggests Gold Will Break Above $1650 Within 15-30 Days
Our Adaptive Dynamic Learning predictive modeling system is suggesting gold will rally above $1650 within the next 2 to 4 weeks, then settle into a narrow price range above $1600. If you’ve followed our analysis of gold, you already know we expect the metal to rally above $1750 this year […]
Crude Oil: Feb. 14 Preview
The crude oil market is at an obvious long-term support area, but no need to rush into buying. No need to open aggressive shorts in anticipation of a break, either. Crude Oil: Feb. 14 Preview Disclaimer: All opinions expressed in this blog are solely for information or educational purposes. The […]
Long-term growth of Italian fashion sector not at risk from Coronavirus: report
Economic Indicators9 hours ago (Feb 13, 2020 11:31AM ET) MILAN (Reuters) – The coronavirus epidemic in China will weigh heavily on Italy’s fashion industry in the first quarter and probably through the first half of 2020, but will not dent the sustained growth expected for the next two years, think-tank […]
Natural Gas Bulls May Escape Mauling From Bears As Weather Turns
An unexpectedly intense chill has given natural gas bulls a chance to survive this week and possibly next with their long positions, as heating demand for the fuel rises in what’s been one of the mildest winters in years. A sudden temperature drop in recent days — and the possibility […]
Flawed Demand Forecasts Drive Oil Prices Yet Virus’ Economic Affect Unknown
No one knows how coronavirus will end up influencing the Chinese economy or oil demand. One cause of this uncertainty: Sino society isn’t open, and official information is largely controlled by the government, which has been known to manipulate the economic data it provides for political purposes. Our ignorance also […]
Rents lift U.S. core inflation; weekly jobless claims rise slightly
(C) Reuters. FILE PHOTO: A home for sale is seen in Santa Monica By Lucia Mutikani WASHINGTON (Reuters) – U.S. underlying consumer prices picked up in January, while the number of Americans filing claims for unemployment benefits rose slightly last week, suggesting the economy was stable enough for the Federal […]
The Corn And Ethanol Report: February 13, 2020
Good Morning! We kickoff the day with Consumer Price Index (CPI), Export Sales, Jobless Claims and Real Earnings at 7:30 A.M., EIA Gas Storage at 9:30 A.M., 4 & 8-Week Bill Auction at 12:00 P.M. and Fed Williams Speech at 4:30 P.M. Chinese health officials saw the number of coronavirus […]
Sony Envisions an AI-Fueled World, From Kitchen Bots to Games
In 1997, Hiroaki Kitano, a research scientist at Sony, helped organize the first Robocup, a robot soccer tournament that attracted teams of robotics and artificial intelligence researchers to compete in the picturesque city of Nagoya, Japan. At the start of the first day, two teams of robots took to the […]