Daniel Flynn - The PRICE Futures Group - 1 hr 15 mins ago
Nervous investors are waiting for news of the jobs number. Why these investors do not fathom the reporters are not Matthew, Mark, Luke or John and they are cooking the books and any negative number is just an oversight on their part. We can all appreciate hard working Americans and in this... (full story)
Gregor Horvat - Elliott Wave Financial Service - 1 hr 35 mins ago
USDCHF seems to be on a high probability to trace out black wave 3 with possible resistance around 0.9730 level, from where we expect a pullback to around 0.9655 zone, where wave iv of a lesser degree can react as a support and a turning point. (full story)
By locking in a price now for a commodity to be delivered at some point in the future, futures markets permit buyers to secure insurance against future adverse price changes. In other words, futures markets supply a means for the mitigation of price risks. Futures charts track futures prices over time, and supply historical data that buyers and sellers can use to project where futures prices will be in the coming days or months. Frequently updated futures charts are a very useful tool for identifying pricing trends within a certain commodity.