Monthly Archives: May 2012

Crude Oil Closes Below $90 –

Posted on 30. May 2012 by Jim Sutliff

Crude oil fell slightly on Tuesday and closed below $90 a barrel.  Traders weighed European economic concerns and the possibility of rising levels of crude oil inventory.  The Euro was also trading lower against the U.S. Dollar. To read a related Wall Street … Continue reading →

Posted in Banking, Currency, Earnings, Economic News, Euro, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Euro Declines –

Posted on 27. May 2012 by Jim Sutliff

The Euro declined more than 2% this week and traded below $1.25 on Friday.  The last time that the Euro traded at this level was July 2010.  Elections will be held in Greece on June 17th and the results are likely to have an impact on … Continue reading →

Posted in Banking, Currency, Economic News, Euro, General, Investments, Options & Futures, Political News, Trading | Leave a comment

Oil Closes Below $92 –

Posted on 22. May 2012 by Jim Sutliff

Crude oil fell in Tuesday trading to $91.66 a barrel.  Recent elections in Europe and the possibility of a recession in the Euro zone are driving down prices.  Gasoline prices were almost unchanged in trading. To read a related MSN article, … Continue reading →

Posted in Currency, Economic News, Gasoline, General, Investments, Natural Gas, Oil, OPEC, Options & Futures, Trading | Leave a comment

Natural Gas Inventory Rises –

Posted on 19. May 2012 by Jim Sutliff

Natural gas inventory exceeded analyst expectations and increased 61 billion cubic feet last week.  The Energy Department indicated that natural gas inventory levels are at 2.667 trillion cubic feet.  Inventory levels remain higher than the same time last year. To read … Continue reading →

Posted in Economic News, General, Investments, Natural Gas, Oil, Options & Futures, Trading | Leave a comment

Yield Falls On Ten Year TIPS –

Posted on 17. May 2012 by Jim Sutliff

The yield on 10 year Treasury Inflation Protected Securities (TIPS) fell into negative territory for only the third time in history. A recent U.S. government sale of $13 billion in 10 year TIPS sold at a negative yield of 0.391%. … Continue reading →

Posted in Banking, Bonds, Economic News, Federal Reserve, General, Interest Rates, Investments, Options & Futures, Trading, Treasury | Leave a comment

Euro Trades Lower –

Posted on 15. May 2012 by Jim Sutliff

The Euro traded at $1.2752 which is the lowest mark since January 18th.  The Euro has fallen in five of the last six trading sessions.  Ten year yields on Italian and Spanish debt rose to 6% in trading.  GDP in … Continue reading →

Posted in Banking, Currency, Economic News, Euro, General, Investments, Options & Futures, Trading | Leave a comment

Gasoline Inventories Fall –

Posted on 9. May 2012 by Jim Sutliff

Gasoline inventories declined 2.6 million barrels and distillate inventories fell 3.3 million barrels.  The Energy Information Administration also indicated that crude oil increased 3.7 million barrels which was greater than the 2 million barrel increase expected by analysts.  Inventories of … Continue reading →

Posted in Banking, Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Elections May Rattle Currency Markets –

Posted on 7. May 2012 by Jim Sutliff

Elections in France and Greece may impact the Euro in the near term.  France elected Francois Hollande of the Socialist party by a slim margin over President Nicholas Sarkozy.  Hollande is not expected to support austerity measures.  Hollande is the first … Continue reading →

Posted in Banking, Bonds, Currency, Economic News, Euro, General, Interest Rates, Investments, Political News | Leave a comment

Natural Gas Prices Fall –

Posted on 4. May 2012 by Jim Sutliff

Natural gas prices fell 2.6% in Friday trading to cap off a week of price volatility.  Natural Gas prices during the week showed gains of as much as 4.5% and declines as steep as 5%.  June natural gas settled at … Continue reading →

Posted in Economic News, General, Investments, Natural Gas, Oil, Options & Futures, Trading | Leave a comment

Manufacturing Data Sends Oil Higher –

Posted on 1. May 2012 by Jim Sutliff

According to the Institute of Supply Management, U.S. manufacturing for April increased the most in ten months.  The data sent crude oil prices higher in trading on Tuesday.  Crude oil prices rose above the 50 day moving average of $105.21 a … Continue reading →

Posted in Banking, Earnings, Economic News, General, Investments, Oil, Options & Futures, Trading | Leave a comment