A faster second quarter growth in the U.S. supported expectations for an interest rate rise, which boosted the dollar and led to declines in commodities. Gold lost its appeal while rate hike looms.
Gold declined as solid US data supported rate hike
Oil... (full story)
iiTRADER writes reserach everymorning, covering the most actively traded contracts. This is one of three reports that go out everymorning. If you would like to recieve a traial, please email info@iiTRADER.com with the world Trial in the subject line. (full story)
Oil advanced after EIA reported a drop in U.S. stockpiles as opposed to an expected increase. The Federal Reserve statement prompted a moderate US dollar gain.
Oil climbed after EIA reported a surprise stockpile drop
Copper stayed elevated while Chinese... (full story)
Copper jumped on a second day, prompted by a combination of supply disruption and Chinese stock market recovery. Commodity prices also lifted with US dollar in a third day of losses.
Copper was the biggest winner of Chinese share rebound
Oil prices muted... (full story)
Bob Hunt - The Pattern Trapper - Tue Jul 28, 6:50PM CDT
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness.... (full story)