Grain markets are slightly lower, trading in a narrow range ahead of USDA’s Quarterly Stocks report. The US Dollar is higher and crude oil lower. Stock indices slide on Deutsche Bank woes. (full story)
Gold prices may rise as Deutsche Bank continues to fuel bank sector instability fears, obscuring any would-be impact of US PCE inflation data on Fed policy bets.
Crude oil prices hit 1-month high but fail to secure clear breakout
Gold prices rise from weekly... (full story)
By locking in a price now for a commodity to be delivered at some point in the future, futures markets permit buyers to secure insurance against future adverse price changes. In other words, futures markets supply a means for the mitigation of price risks. Futures charts track futures prices over time, and supply historical data that buyers and sellers can use to project where futures prices will be in the coming days or months. Frequently updated futures charts are a very useful tool for identifying pricing trends within a certain commodity.