Blogs

Notes From Underground: From Tweets to Tweaks

Yra Harris
Jun 22, 2021

Happy father’s day to all who are one and have had one. Just nine months ago the markets were experiencing convulsions as the then-U.S. president would unleash tweet after tweet at all hours. We certainly don’t miss the key-word-driven algos... more

What's New in CQG Desktop Version 6.5

Marcus Kwan
Jun 22, 2021
General Minor fixes

 

 

We hope that these updates help improve your trading workflow. We continually strive to improve your CQG Desktop experience. We invite you to vote for or enter features you want via our CQG... more

Market Summary: June 20, 2021

Thomas Finlon
Jun 22, 2021

Crude prices rose for a fourth consecutive week as optimism regarding an economic recovery propelled Crude prices to multiyear highs. The ambiguous intent of the current administration regarding renewable fuel policy has sent mixed signals to the... more

Market Summary: June 13, 2021

Thomas Finlon
Jun 14, 2021

Petroleum prices rose for a third consecutive week, reaching their highest levels since October 2018. A positive report from the EIA stating that global demand would reach pre COVID-19 levels by the end of the year touching 100.6 MBPD and... more

Will Biodiesel Demand Lead to a Paradigm Shift in Soybean Oil?

Richard Weissman
Jun 09, 2021

Prices for the actively traded July 2021 CME Group soybean oil futures reached all-time new highs in recent trading sessions (see Figure 1), spurred by increasing demand from the biofuels industry, a big piece of President Biden’s call to cut... more

Notes From Underground: Schauble Pivots, Brainard Postulates

Yra Harris
Jun 07, 2021

The unemployment data was not as robust as expected but not bad since hourly wages rose above consensus, the work week remained elevated and the jobless rate dropped to 5.8%. The headlines are always subject to severe review doing these... more

Market Summary: June 6,2021

Thomas Finlon
Jun 07, 2021

Petroleum prices reached two-year highs, gaining for the second consecutive week and fifth in the last six. Continuing expectations of demand recovery, a strong report from the EIA regarding demand increases for the balance of 2021 and evidence... more

Notes From Underground: An Open Letter To the G-7

Yra Harris
Jun 04, 2021

Every G-7 or G-20 meeting homage is paid to the idea of free markets via the market driven value of each nation’s currency. This is hogwash of the highest order in the world of central bank asset purchase programs. The clarion call is that QE is... more

Crude Oil Looks Bullish

Andy Hecht
Jun 04, 2021

On April 20, 2020, nearby NYMEX futures did what few market participants believed possible. Not only did the price of a barrel of West Texas Intermediate drop below zero during the delivery period, but it also fell to a low of negative $40.32.... more

Market Summary: May 30, 2021

Thomas Finlon
Jun 01, 2021

Petroleum prices increased for a fourth week in five, touching 31 month highs on Thursday before easing at week’s end. Accelerating demand growth in the US linked to improving economic barometers, constructive inventory reports, the start of... more