Treasuries Move Lower

by | Jan 19, 2017 | Orftech

Bonds Wednesday the Bond ground lower than I had expected as the USH traded in a slightly above average 1-29-point daily range (avg. is 1-21-pts) and settled down 1-09-points on the session at 152-01.  I am happy to see both the Bond and Ten-year continue to hold...

Morning Thoughts – Jan 19

by | Jan 19, 2017 | Nesvick Trading Group

Financials – Fed Chair Yellen gave a speech in SF late yesterday and her comments were deemed as slightly hawkish.  The dollar firmed modestly following her remarks and Fed Funds dropped slightly.  The key comment off the newswires was she and “most colleagues...

Morning Thoughts – Jan 18

by | Jan 18, 2017 | Nesvick Trading Group

Softs – Brazil’s Conab issued their first official projection for 2017 coffee production yesterday.  Conab is projecting coffee output in a range of 43.7-47.5 million bags, which would be down fairly significantly from 51.4 million in 2016.  The smaller crop...
Morning Thoughts – Jan 17th

Morning Thoughts – Jan 17th

by | Jan 17, 2017 | Nesvick Trading Group

Grains – Last week saw the index rebalance come and go, and I thought it might be worth a quick look to see what OI did to see if it matched projections.  Corn OI was up roughly 75k from Friday to Friday.  This seems pretty inline with expectations heading into...