I thought I had when I reported on crude at mid-day, a 35% drop overnight? Well I certainly was wrong. Negative futures pricing on a deliverable product? Check out this Bloomberg article. It explains it much better than I can.
This jobs number should ease some recession fears, although next weeks CPI will be a key indicator as we all know. Payrolls were up...
It is incredible the products the CME Group keep developing to efficiently manage risk. Coming in October they will be releasing products...
The CME in August will be introducing a new Lumber Futures Contract that is very beneficial to hedgers. Her are the highlights... New...
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