Weekly claims did drop from the previous week yet still exceed expectations. Yesterday Chair Powell warns that the "real rate" of unemployment exceeds 10% as people that drop out of the labor force are taken into consideration.
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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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