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Nat-Gas Prices Slip as European Gas Prices Retreat

Nat-gas prices retreated from a 1-week high on Wednesday and settled lower as a decline in European nat-gas prices to a 1-week low sparked long liquidation in US nat-gas futures. Nat-gas prices initially rose on Wednesd…

Markets

Dollar Soars as Fed Hikes Rates and Signals More to Come

The dollar index (DXY00) rallied to a 1.5-month high on Wednesday and finished up by +0.64%. The dollar found support Wednesday on signs of US economic growth after Aug retail sales rose more than expected. The dollar r…

Markets

GBIL: Large Inflows Detected at ETF

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Goldman Sachs Treasury Access 0-1 Year ETF (Symbol: GBIL) where we have detected an appro…

Markets

Hog Weakness Continues, as Traders Look to Wednesday

Lean hog futures were lower on Tuesday, with contracts down 60 cents to $1.70.b Open interest was up 5,392 contracts on Tuesday. USDA’s national base hog price was reported at $84.58 on Tuesday afternoon, up $1.76 from …

Markets

Adidas cuts jobs in India technology team

Adidas has reduced its technology workforce in India as part of a broader effort to simplify its operations, with the job cuts reportedly affecting nearly half of the employees at its Gurugram technology hub. The German…

Markets

Cattle Look to Wednesday Following Tuesday Correction

Live cattle futures slipped back lower on Tuesday with contracts down $1.42 to $1.90 at the close. Open interest was down 8,019 contracts on Tuesday. Cash trade has yet to get kicked off this week, as last week showed s…