Page 5 - Soft Commodities News Today

US 30 Year Bond (JUN) Yields on U.S. Treasuries have surged to their highest level in more than a year from record lows hit in 2020, as Federal Reserve commitments to hold rates near zero for years to come encouraged investors to bet economic growth and inflation will heat up. Looking at todays chart we show the US 30 Year Treasury Bond Price which seemingly reached a tradable low. This would indicate lower Yields and higher US Bond prices. At GMTT we already went long last week and the first u...

Chart of the Day US 30 Year Bond (JUN) Yields on U.S. Treasuries have surged to their highest level in more than a year from record lows hit in 2020, as Federal Reserve commitments to hold rates near zero for years to come encouraged investors to bet economic growth and inflation will heat up. Looking at today’s chart we show the US 30 Year Treasury Bond Price which seemingly reached a tradable low. This would indicate lower Yields and higher US Bond prices. At GMTT we already went long last ...

Crude (APR) The direction is not clear, and Crude never gave a good sell signal.Short term upside target is 64.80.There are three trading options to choose from

Market Review GLOBEX (ESH20:CME) GLOBEX Session(ESH20:CME) Day Session High 3848.25Opening Print: 3846.50Low: 3801.50High 3858.50Volume: 310KLow: 378

Dr Afriyie Akoto, Dr Kwaku Afriyie to be vetted today Listen to article Ministers Designate for Food and Agriculture and Environment, Science, technology and Innovation, Dr Owusu Afriyie and Dr Kwaku Afriyie are expected to appear before parliaments Appointments Committee to be vetted today, Friday, February 19, 2021. Dr Owusu Afriyie Akoto served as the Food and Agriculture Minister in the president’s first term from 2017 to January 2021 and will still be at the same post if approved by th...

Market Review GLOBEX (ESH20:CME) GLOBEX Session(ESH20:CME) Day Session High 3932.25Opening Print: 3907.50Low: 3913.00High 3930.00Volume: 313KLow: 389

Crude reached 13 months high earlier this week.When we look on the chart you can see that Crude gave twice a false signal since its October 2020 low.However, th

The high so far was 54.90. As you can see on the chart the technical indication is that Crude is a little overbought. Next upside target is 55.60. The suggestion is – it might be a little early – to short Crude at the market with a tight stop at 55.60. So, what is the idea and why can we not wait until Crude reaches 55.60? The answer is that we look at the risk reward ratio and the overall technical model. So yes, there is a chance that Crude will first reach 55.60 before correcting but the...

Today Silver traded above 30.00 not seen that high since 2013. The explanation for the surge by the media is explained as follows: A silver squeeze by Reddit traders, attempt to replicate last week’s GameStop short squeeze in the silver market.  Really? Do we believe that?? How about looking at the technical analysis. Already in November 2020 we saw that Silver was giving a target to 32.00 and even higher. Early January we repeated that again, and after a small pull back we went long Silver...

The German stock exchange is one of the most active exchanges in the European region.The DAX futures being traded in various forms that include the standard fut