Author Archive

• Pre Market Gold Report
  CME Group, | January 25th, 2010 at 9:19 am

  

  With a slightly better macro economic outlook being fostered by the surprise bounce in the US equity markets this morning and the US Dollar under some minor early pressure the April gold contract has managed to reject a portion of last week???s losses. read more...

• Pre Market Gold Report
  CME Group, | January 21st, 2010 at 8:40 am

  

  While the gold market saw evidence of a rise in gold production from a Russian gold miner, that news would not appear to be the reason for the early weakness in gold today. Clearly persistent gains in the Dollar has tripped up the gold market, with that mentality probably preventing the gold market from garnering support from news of a small Russian gold reserve buy. read more...

• Pre Market Gold Report
  CME Group, | January 15th, 2010 at 8:49 am

  

  With Indian gold prices weaker overnight and some sources predicting a slackening of gold demand, it isn't surprising to see gold start out on a weaker footing today. However, while the uncertainty in the Greece/EU situation has initially lifted the Dollar and undermined gold, a more serious breakdown in that situation could eventually rekindle classic flight to quality buying of the gold market. On the other hand, the gold trade has recently settled into a strict inverse allegiance with the US Dollar and the Dollar is showing some initial strength today. read more...

• Pre Market Gold Report
  CME Group, | January 12th, 2010 at 8:54 am

  

  Clearly the Chinese move to tighten reserve requirements took some of the bullish edge off the rally in the prior trading session, but one might have expected the gold market to regain some footing off the S&P views overnight on China and South Korea credit ratings. read more...

• Pre Market Gold Report
  CME Group, | January 7th, 2010 at 8:54 am

  

  The bull camp in gold has to be a little discouraged by the lack of follow through yesterday in the wake of the US FOMC meeting minutes, as some Fed members were still in favor of more asset purchases. Furthermore, the bull camp is probably a little disappointed with the prospect of Chinese tightening moves that were seen overnight. read more...

• Pre Market Gold Report
  CME Group, | January 6th, 2010 at 8:49 am

  

  While the press overnight touted evidence of demand in the Indian gold trade overnight, that market actually finished lower and that in turn could suggest that currency related action continues to dominate portions of the gold trade. Fortunately for the bull camp, the gold trade continues to discount classic supply side news, as the Chinese overnight posted an 11 month gold production gain of 15% over the same period in 2008. read more...

• Pre Market Gold Report
  CME Group, | January 4th, 2010 at 6:50 am

  

  The gold trade continues to take a large measure of direction from the weaker action in the US Dollar. The trade also seems to have discounted news of rising physical gold production from a gold producer overnight, perhaps because the trade also saw favorable demand in the Indian gold market. read more...

• Pre Market Gold Report
  CME Group, | December 30th, 2009 at 8:38 am

  

  While the Wall Street Journal article on the prospect of rising gold production costs could be seen as a supportive fundamental development for gold prices, this market just doesn't appear to be that interested in classic fundamental developments. It also seems as if generally supportive Chinese retail gold demand talk is still being generally discounted by the gold trade, especially in the face of a slight rise in the US Dollar. read more...

• Pre Market Gold Report
  CME Group, | December 24th, 2009 at 9:09 am

  

  With talk of bargain hunting buying seen in the Indian gold market overnight and the press circulating bullish retail demand talk from China, the bull camp appears to have started the Thursday US trade out with a distinct edge. Some traders are pointing to the 50 day moving average in February gold up at the $1,112.50 level as a possible critical pivot point this morning, while other traders suggest that gold could even return to the 1st retracement point, off the December slide which comes in today up at $1,133.40. read more...

• The Ascent of E-mini Equity Index Futures
  CME Group, | December 23rd, 2009 at 8:00 am

  
  The substantial growth in E-mini volume over the past five
  years has been fueled by both investors’ and traders’
  adoption of electronic trading – a trend that followed the
  success of electronic trading in cash equities and options
  in the United States and listed derivatives in Europe and
  Asia.

  The substantial growth in E-mini volume over the past five years has been fueled by both investors’ and traders’ adoption of electronic trading – a trend that followed the success of electronic trading in cash equities and options in the United States and listed derivatives in Europe and Asia. read more...

• Managed Futures Funds Fly High
  CME Group, | December 22nd, 2009 at 7:43 am

  

  Managed futures funds outperformed hedge funds in 2008 and do well in times of unpredictable price swings because customized trading algorithms can react to market reversals that human traders may be slower to accept.

  “Managed futures have delivered because they represent true diversification,” says Tom O’Donnell, first vice president of the alternative investments group at Newedge, the world’s largest futures commission merchant and a leading multi-asset broker. read more...

• Trading Green – Cap and Trade Takes Off
  CME Group, | December 20th, 2009 at 10:59 pm

  

  Climate change is now an increasing global priority – and the Green Exchange initiative is creating new opportunities in managing emissions.  Environmental concerns have come and gone over the years, much like hemlines that rise and fall. Now that ebb and flow has ceased and reducing greenhouse gas emissions is firmly at the top of the new administration’s “to-do” list. read more...

• Pre Market Gold Report
  CME Group, | December 18th, 2009 at 7:47 am

  

  In retrospect, seeing the US Fed remain on hold despite some signs of recovery and also seeing the BOJ re-commit to further action to avoid deflation in that country, that would seem to provide some fundamental support for gold prices. However, a somewhat mechanical knee jerk reaction in the currency markets this week has clearly ruptured sentiment and that influence is unlikely to subside quickly. read more...

• Reform: What Does It Mean?
  CME Group, | December 17th, 2009 at 8:01 am

  

  Today's financial regulation overhaul is comprised of an array of structures and solutions - single regulator, systemic regulator, greater cooperation between regulators in the United States and Europe and regulation of over-the-counter (OTC) markets, to name a few. The question for many in the industry is how to move forward in a way that fosters free and efficient markets but does so with safe and sound principles. read more...

• Is the Dollar Up For the Fight?
  CME Group, | December 15th, 2009 at 10:16 am

  

  The dollar has taken a beating lately as a result of massive U.S. government debt coupled with a comparatively slow recovery. Adding insult to injury, a number of leading countries have called for its demise as the global reserve currency. But don't count the dollar out yet. read more...