Commentary

Energy Market Summary May 1, 2022

May 02, 2022

Petroleum prices increased for a third week in five and fourth in eight as the end of April marked the fifth
consecutive month of price increases, the largest such streak since 2018. Prices recovered from near two week
lows at the... more

A Wild Month In Natural Gas

May 02, 2022

Natural gas futures began trading on the CME’s NYMEX division in 1990. Over the past thirty-two years, the price has traded from a low of $1.02 to a high of $15.65 per MMBtu. Wild price swings are nothing new for the natural gas futures arena,... more

Notes From Underground: Into the Weeds on Yen/Yuan

Apr 28, 2022

In the first post about the YEN/YUAN, we discussed the current significance of the cross, and with it a rising dollar. Now we will provide CONTEXT and NUANCE as to the backdrop of this cross’s significance. It is easy to forget that the Chinese... more

Notes From Underground: The Meaning of the Yen/YUAN Cross

Apr 28, 2022

In the past three weeks I have had the pleasure of doing two major podcasts with two of the most highly regarded global macro thinkers and traders: Zoltan Pozsar and Louis Gave. Our discussions led to an attempt to explain the importance of the... more

Crude Oil: Cause or Effect of Inflation?

Apr 28, 2022
By Bob Iaccino

AT A GLANCE

Crude oil has averaged a 16.06% rise in price in the six months following the start of each of the Fed’s last six rate hike cycles In the first 10 days following the Fed’s March announcement of a 25 bps rate hike,... more

Wednesday Weekly Grain Seasonal Review 4.27.22

Apr 27, 2022

Each Wednesday this article will be updated with the current seasonal study using CQG’s Seasonal analysis applied to the Soybean, Wheat and Corn markets. You can download the CQG pac providing the studies and charts here. In addition, the... more

Energy Market Summary April 24, 2022

Apr 25, 2022

Petroleum prices fell for the second week in four and fourth in seven. A decidedly mixed number of influences
resulted in the appearance of prices meandering at various points through the week. The prospects of higher
interest rates,... more

Four Green Trends to Watch in Financial Markets

Apr 22, 2022

AT A GLANCE

Investor demand for ESG products has resulted in equity index providers ensuring their indices reflect the overall trajectory of ESG Cobalt and lithium demand have surged as electric car sales more than doubled between 2020 and... more

Wednesday Weekly Grain Seasonal Review 4.20.22

Apr 20, 2022

Each Wednesday this article will be updated with the current seasonal study using CQG’s Seasonal analysis applied to the Soybean, Wheat and Corn markets. You can download the CQG pac providing the studies and charts here. In addition, the... more

Excell with Options: Leveraging exposure to JPY and MXN with FX options

Apr 19, 2022
EXECUTIVE SUMMARY

As volatility levels fluctuate in the FX markets, Rich reviews two strategies in different currencies:

JPY/USD ratio spread for volatility to remain elevated MXN/USD call vs. put spread for volatility to pick up from a low... more