Over the last few years the CME Group has launched a bevy of micro-sized futures contracts across various market sectors. The micro-sized contracts offer access to the same market as their larger counterparts, but with smaller capital commitments and lower margin requirements. These contracts offer flexibility when trading precious metals,…
During the month of August, the top sectors were: Softs (+7.60%) and Grains (+1.01%). The bottom 3 sectors were: Crypto (-10.66%), Livestock (-6.45%) and Indices (-4.50%). The US dollar remains king and continues to make highs as the Euro and Yen are on 20 year lows against the dollar. Most…
COVID-19 US Case Count Held at 116k as the seven-day average was generally stable per the CDC with seven-day average US deaths moving up to 375 (which was less than half the rate per million in highly restrictive New Zealand and Israel, and about the same rate as also-restrictive…
OPEC Production Increased to 29.0 million barrels per day (mbpd) during July, less than current quotas but shrinking the chronic underproduction deficit. Adding in Russia and the other OPEC+ members, output increased by 527,000 bpd, led by Russia. Kazakhstan saw production fall by -317,000 bpd due to field maintenance. Libya’s…