Weather Risk Reintroduced as hurricane Harvey swept through the key refining zones of Texas and western Louisiana during the last week of August. The market concerns were not centered on oil production (though 98 oil and gas extraction rigs were evacuated of the 737 manned platforms in the Gulf), but…
The top performing commodity trading advisors of the first half of 2017 has been a mixed bag of varying strategies, and market sector specialists. While many CTA indices are reporting negative years so far in 2017, there are many CTAs in aiSource’s pool of approved managers that are having positive…
Macro: Americas Tough US Economics The topline number looked good: US Q1 GDP growth was further revised up to +1.4% from +1.2% annualized on quite better consumer spending while the Q2 forecast trend by the Atlanta Federal Reserve slipped lower to below 3%. Lower pending home sales missed by being…
OPEC Oil Production Higher. If there is one takeaway from the oil market, OPEC oil output in June increased by about 280,000 bpd per Reuters – and total production can be seen in the graph to the right (including June’s estimate). Libya and Nigeria are on track to increase oil…