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Thursday, 1 August 2013

2013.07.31 21:58:33 U.S. wheat up 1.4 pct; weather outlook blunts corn, soy gains

  • U.S. wheat futures rose for the fourth day in a row on Wednesday. The benchmark Chicago Board of Trade September soft red winter wheat futures contract gained 1.4 percent, its biggest daily rally since July 9.
  • Soybeans dropped 12.2 percent this month -- their biggest monthly drop since September 2011 -- and wheat was up 2.4 percent.
  • CBOT September wheat settled up 9 cents at $6.64-1/4 a bushel at 10:38 a.m. CDT (1538 GMT). The contract settled above a key technical resistance point at its 20-day moving average for the first time since July 12.
  • CBOT August soybeans were 24 cents higher at $13.74, but volume was thin as the contract was in the delivery period. The new-crop November contract was up 3-1/4 cents at $12.06-1/4 a bushel, bouncing slightly after hitting its lowest in more than three months early in the day.
  • CBOT September corn was up 3-1/2 cents at $4.99 a bushel and new-crop December up 1-1/2 cents at $4.79 a bushel.

2013.07.31 21:58:33 U.S. wheat up 1.4 pct; weather outlook blunts corn, soy gains

  • U.S. wheat futures rose for the fourth day in a row on Wednesday. The benchmark Chicago Board of Trade September soft red winter wheat futures contract gained 1.4 percent, its biggest daily rally since July 9.
  • Soybeans dropped 12.2 percent this month -- their biggest monthly drop since September 2011 -- and wheat was up 2.4 percent.
  • CBOT September wheat settled up 9 cents at $6.64-1/4 a bushel at 10:38 a.m. CDT (1538 GMT). The contract settled above a key technical resistance point at its 20-day moving average for the first time since July 12.
  • CBOT August soybeans were 24 cents higher at $13.74, but volume was thin as the contract was in the delivery period. The new-crop November contract was up 3-1/4 cents at $12.06-1/4 a bushel, bouncing slightly after hitting its lowest in more than three months early in the day.
  • CBOT September corn was up 3-1/2 cents at $4.99 a bushel and new-crop December up 1-1/2 cents at $4.79 a bushel.

2013.07.31 21:26:30 U.S SHORT-TERM INTEREST-RATE FUTURES TURN POSITIVE; TRADERS NOW SEE FIRST FED RATE HIKE IN JAN 2015

U.S SHORT-TERM INTEREST-RATE FUTURES TURN POSITIVE; TRADERS NOW SEE FIRST FED RATE HIKE IN JAN 2015

2013.07.31 21:19:30 U.S. STOCKS PARE GAINS, DOW INDUSTRIALS TURN NEGATIVE

U.S. STOCKS PARE GAINS, DOW INDUSTRIALS TURN NEGATIVE

2013.07.31 21:05:30 FED SAYS HOUSING SECTOR HAS BEEN STRENGTHENING, BUT MORTGAGE RATES HAVE RISEN SOMEWHAT, FISCAL POLICY IS RESTRAINING GROWTH

FED SAYS HOUSING SECTOR HAS BEEN STRENGTHENING, BUT MORTGAGE RATES HAVE RISEN SOMEWHAT, FISCAL POLICY IS RESTRAINING GROWTH

Monday, 29 July 2013

2013.07.29 17:34:02 BANK OF ISRAEL: DATA THE PAST MONTH POINT TO CONTINUED MODERATE GROWTH OF ECONOMY

BANK OF ISRAEL: DATA THE PAST MONTH POINT TO CONTINUED MODERATE GROWTH OF ECONOMY

2013.07.29 15:20:02 INDIA CBANK ACCEPTS ALL 4 BIDS FOR 900 MLN RUPEES AT 1-DAY REVERSE REPO AUCTION

INDIA CBANK ACCEPTS ALL 4 BIDS FOR 900 MLN RUPEES AT 1-DAY REVERSE REPO AUCTION

2013.07.29 14:01:02 JPY - 97.64 IS 50% FIBO, 97.49 IS CLOUD TOP - STOPS BELOW, HUGE 97.00 OPTION EXPIRY TODAY MAY DRAW IF SUPPORT BREAKS, MORE OPTION EXPIRIES ALL AROUND CURRENT SPOT

  • As the bull trend persists, indicated by the trending and momentum indicators pointing higher, focus is on further upside.

  • Key resistance is at $1.3417.

  • Support is at $1.3253 ahead of $1.3166.

2013.07.29 12:14:02 MARKET LOOKS FOR GUIDANCE ON INTERVENTION TO WEAKEN CZK, BUT CNB EXPECTED TO KEEP USING RHETORIC TO CAP CZK

MARKET LOOKS FOR GUIDANCE ON INTERVENTION TO WEAKEN CZK, BUT CNB EXPECTED TO KEEP USING RHETORIC TO CAP CZK

2013.07.29 12:11:02 CONSOLIDATION AFTER 20+ RAND FALL GIVES WAY TO CAPITULATION OF USD/ZAR SHORTS, 55-DMA AT 9.8683 IS NEXT PIVOT ABOVE; A BREAK OPENS 21-DMA 9.9167, DAILY ICHI CLOUD TOP AT 9.9733, DAILY KINSEN AT 9.9568 OFFER RESISTANCE

CONSOLIDATION AFTER 20+ RAND FALL GIVES WAY TO CAPITULATION OF USD/ZAR SHORTS, 55-DMA AT 9.8683 IS NEXT PIVOT ABOVE; A BREAK OPENS 21-DMA 9.9167, DAILY ICHI CLOUD TOP AT 9.9733, DAILY KINSEN AT 9.9568 OFFER RESISTANCE

Friday, 26 July 2013

2013.07.26 11:54:58 INDIA CBANK SETS MINIMUM UNDERWRITING COMMISSION OF 0.98 RUPEE PER 100 RUPEES FOR 1.44 PCT 2023 INFLATION-INDEXED GOVT BONDS

INDIA CBANK SETS MINIMUM UNDERWRITING COMMISSION OF 0.98 RUPEE PER 100 RUPEES FOR 1.44 PCT 2023 INFLATION-INDEXED GOVT BONDS

2013.07.26 10:01:58 SPAIN'S IBEX UP 0.4 PCT IN EARLY DEALS

SPAIN'S IBEX UP 0.4 PCT IN EARLY DEALS

2013.07.26 10:00:58 FRANCE'S CAC 40 RISES 0.6 PCT EARLY

FRANCE'S CAC 40 RISES 0.6 PCT EARLY

2013.07.26 08:00:55 SINGAPORE JUNE ELECTRONICS PRODUCTION +2.6 PCT FROM YEAR AGO, HELPED BY EXPORT DEMAND

SINGAPORE JUNE ELECTRONICS PRODUCTION +2.6 PCT FROM YEAR AGO, HELPED BY EXPORT DEMAND

2013.07.25 23:33:07 FED DISCOUNT PRIMARY BORROWING AVERAGES $10 MLN/DAY IN WEEK VS $13 MLN/DAY PREVIOUS WEEK

FED DISCOUNT PRIMARY BORROWING AVERAGES $10 MLN/DAY IN WEEK VS $13 MLN/DAY PREVIOUS WEEK

2013.07.25 23:32:07 FOREIGN CENBANK HOLDINGS OF US AGENCY DEBT ROSE $15.28 BLN TO $312.18 BLN IN JULY 24 WEEK

FOREIGN CENBANK HOLDINGS OF US AGENCY DEBT ROSE $15.28 BLN TO $312.18 BLN IN JULY 24 WEEK

2013.07.25 23:02:07 NY FEDERAL RESERVE SAYS FOREX SWAPS WITH THE ECB TOTALED $27 MLN IN LATEST WEEK

NY FEDERAL RESERVE SAYS FOREX SWAPS WITH THE ECB TOTALED $27 MLN IN LATEST WEEK

2013.07.25 23:32:07 FED HOLDINGS OF AGENCY MORTGAGE-BACKED SECURITIES $1.261 TRLN VS $1.235 TRLN PRIOR WEEK

FED HOLDINGS OF AGENCY MORTGAGE-BACKED SECURITIES $1.261 TRLN VS $1.235 TRLN PRIOR WEEK

2013.07.25 17:45:07 PANAMA ECONOMIC ACTIVITY +4.30 PCT IN MAY YR/YR - GOVERNMENT

PANAMA ECONOMIC ACTIVITY +4.30 PCT IN MAY YR/YR - GOVERNMENT

Thursday, 25 July 2013

2013.07.25 15:55:07 RESEARCH: Sterling will outperform euro and the yen

Quotes from Societe Generale Cross Asset Research:

-BoE Governor Carney expressed his preference for forward guidance. The latest PMI readings confirm the broad-based vigour in the UK economy following a weak first quarter.

-Sterling will fall against the dollar, and we see cable at 1.43 by year-end. But we believe sterling will outperform euro and the yen, as monetary policy continues to ease in Japan and the EA.