Dan Collins returns to Futures as Editor-in-Chief

I would like to announce that I am returning to Futures Magazine as Editor-in-Chief. You will now be able to receive my ongoing commentaries in your inbox with the free FUTURES newsletter, (sign up here). I need to thank all my loyal readers that have helped to make the DanCollinsReport.com a success. It is truly humbling to see how many … Read more »

Niba Reports on Meeting With CME Group

It took a little bit of time for market participants to respond to the new exchange and data fees that CME Group first announced on Nov. 12 this year. While the exchange fee increase was pretty standard; on further review, the increase in data fees has the potential to significantly add cost to industry participants. This was first brought to … Read more »

NFA Announces Rule Changes

Last week the National Futures Association (NFA) announced several amendments to existing rules. The changes involve risk disclosure statements for Securities Futures contracts; registration requirements for Futures Commission Merchants (FCMs) and Forex Dealer Merchants (FDMs), procedures and fees and risk management reporting requirements for registered entities. The risk management reporting requirements involve additional information futures commission merchants and forex dealer merchants … Read more »

Retail Sales; PPI Highlight This Week’s Numbers

Economic Reports   and Events This Week U.S. Domestic: Eastern Time Zone (GMT -5:00) (New York, Toronto) Dec 10    10:00 AM    Wholesale   Inventories        Oct Dec 10    10:00 AM   JOLTS – Job   Openings            Oct Dec 11     7:00 AM   MBA Mortgage Purchase   Index        12/07 Dec 11    10:30 AM   Crude   Inventories            12/07 … Read more »

Unemployment Rate Drops to 7%, Economy Adds 203K Jobs

THE EMPLOYMENT SITUATION — NOVEMBER 2013 The unemployment rate declined from 7.3% to 7.0% in November, and total nonfarm payroll employment rose by 203,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in transportation and warehousing, health care, and manufacturing. Household Survey Data Both the number of unemployed persons, at 10.9 million, and the unemployment rate, at 7.0%, … Read more »

Milk May be at End of Bull Run

This is an update of the Hackett Money Flow Commodity report.   In this report, I highlight the anomalous money flows that are giving important signals in Agricultural and financial markets. They include Treasury bonds and the implications for the major bear market in stocks for 2014; the triple money flow sell signal in cocoa and the implications for a … Read more »

Fed Beige Book Offers “Modest” Optimism

Although the Federal Reserve’s Beige Book (Summary of Commentary on Current Economic Conditions by Federal Reserve District) released on Wednesday Dec. 4 used the words modest or moderate seven times in its three-paragraph introduction, Miller Tabak’s Chief Economic Strategist Andrew Wilkinson saw signs of more robust optimism. Wilkinson noted that despite the cautious introduction, “Several pages in to the Beige … Read more »