20210313

United States Imports - Spacecraft, Engines & Parts Exc.Military (Census)


Imports - Spacecraft, Engines & Parts Exc.Military (Census) in the United States decreased to 3.40 USD Million in January from 7.32 USD Million in December of 2020. Imports - Spacecraft, Engines & Parts Exc.Military in the United States averaged 8.59 USD Million from 1989 until 2021, reaching an all time high of 115.58 USD Million in December of 2017 and a record low of 0.04 USD Million in January of 1995. This page includes a chart with historical data for the United States Imports of Spacecraft, Engines & Parts Exc.milita.
Source | 🇺🇸 United States : Chart

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United States Imports - Textile Supplies & Related Materials (Census Basis)


Imports - Textile Supplies & Related Materials (Census Basis) in the United States decreased to 1236.45 USD Million in January from 1266.84 USD Million in December of 2020. Imports - Textile Supplies & Related Materials (Ce in the United States averaged 932.63 USD Million from 1989 until 2021, reaching an all time high of 1411.15 USD Million in December of 2018 and a record low of 442.38 USD Million in September of 1989. This page includes a chart with historical data for the United States Imports of Textile Supplies & Related Materials.
Source | 🇺🇸 United States : Chart

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United States Imports of Total Nonpetroleum


Imports of Total Nonpetroleum in the United States increased to 207632.29 USD Million in January from 205901.73 USD Million in December of 2020. Imports of Total Nonpetroleum in the United States averaged 110430.34 USD Million from 1989 until 2021, reaching an all time high of 207632.29 USD Million in January of 2021 and a record low of 34460.83 USD Million in August of 1989. This page includes a chart with historical data for the United States Imports of Total Nonpetroleum.
Source | 🇺🇸 United States : Chart

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United States Imports of Total Petroleum


Imports of Total Petroleum in the United States increased to 12223.89 USD Million in January from 10542.08 USD Million in December of 2020. Imports of Total Petroleum in the United States averaged 15140.68 USD Million from 1989 until 2021, reaching an all time high of 50401.80 USD Million in July of 2008 and a record low of 3537.32 USD Million in December of 1998. This page includes a chart with historical data for the United States Imports of Total Petroleum.
Source | 🇺🇸 United States : Chart

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United States Imports - Transportation Eqp. & Spacecraft (Census Basis)


Imports - Transportation Eqp. & Spacecraft (Census Basis) in the United States increased to 3698.58 USD Million in January from 3607.97 USD Million in December of 2020. Imports - Transportation Eqp. & Spacecraft (Census in the United States averaged 2706.09 USD Million from 1989 until 2021, reaching an all time high of 6422.95 USD Million in February of 2019 and a record low of 658.90 USD Million in January of 1989. This page includes a chart with historical data for the United States Imports of Transportation Eqp. & Spacecraft.
Source | 🇺🇸 United States : Chart

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United States Imports - Trucks, Buses & Spec-Purpose Vehicles (Census Basis)


Imports - Trucks, Buses & Spec-Purpose Vehicles (Census Basis) in the United States increased to 4011.14 USD Million in January from 3871.78 USD Million in December of 2020. Imports - Trucks, Buses & Spec-Purpose Vehicles (C in the United States averaged 1791.56 USD Million from 1989 until 2021, reaching an all time high of 4303.64 USD Million in July of 2019 and a record low of 438.79 USD Million in June of 2009. This page includes a chart with historical data for the United States Imports of Trucks, Buses & Spec-purpose Vehicles.
Source | 🇺🇸 United States : Chart

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United States Imports - U.S. Goods Returned & Reimports (Census Basis)


Imports - U.S. Goods Returned & Reimports (Census Basis) in the United States decreased to 6012.69 USD Million in January from 6869.36 USD Million in December of 2020. Imports - U.S. Goods Returned & Reimports (Census in the United States averaged 3079.16 USD Million from 1989 until 2021, reaching an all time high of 8238.14 USD Million in December of 2019 and a record low of 677.18 USD Million in January of 1989. This page includes a chart with historical data for the United States Imports of U.s. Goods Returned & Reimports Of.
Source | 🇺🇸 United States : Chart

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United States Imports - Unfinished Metals Associated With Durable (Census)


Imports - Unfinished Metals Associated With Durable (Census) in the United States decreased to 7287.41 USD Million in January from 7558.99 USD Million in December of 2020. Imports - Unfinished Metals Associated With Durabl in the United States averaged 4387.03 USD Million from 1989 until 2021, reaching an all time high of 13488.78 USD Million in May of 2020 and a record low of 1351.21 USD Million in February of 1993. This page includes a chart with historical data for the United States Imports of Unfinished Metals Associated With Dura.
Source | 🇺🇸 United States : Chart

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United States Imports - Unfinished, Nonmetals Assoc. With Durables (Census)


Imports - Unfinished, Nonmetals Assoc. With Durables (Census) in the United States decreased to 306.97 USD Million in January from 315.82 USD Million in December of 2020. Imports - Unfinished, Nonmetals Assoc. With Durabl in the United States averaged 221.79 USD Million from 1989 until 2021, reaching an all time high of 466.18 USD Million in January of 2012 and a record low of 90.66 USD Million in May of 1993. This page includes a chart with historical data for the United States Imports of Unfinished, Nonmetals Assoc. With Dura.
Source | 🇺🇸 United States : Chart

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United States Imports - Vessels Exc. Military & Pleasure (Census Basis)


Imports - Vessels Exc. Military & Pleasure (Census Basis) in the United States decreased to 90.81 USD Million in January from 141.72 USD Million in December of 2020. Imports - Vessels Exc. Military & Pleasure (Census in the United States averaged 72.36 USD Million from 1989 until 2021, reaching an all time high of 230.29 USD Million in September of 1994 and a record low of 14.93 USD Million in September of 1990. This page includes a chart with historical data for the United States Imports of Vessels Exc. Military & Pleasure.
Source | 🇺🇸 United States : Chart

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United States Imports - Coins, Gems, Jewelry & Collectibles (Census Basis)


Imports - Coins, Gems, Jewelry & Collectibles (Census Basis) in the United States decreased to 2313.76 USD Million in January from 2722.64 USD Million in December of 2020. Imports - Coins, Gems, Jewelry & Collectibles (Cen in the United States averaged 1525.52 USD Million from 1989 until 2021, reaching an all time high of 2899.82 USD Million in August of 2019 and a record low of 507.66 USD Million in May of 1989. This page includes a chart with historical data for the United States Imports of Coins, Gems, Jewelry & Collectibles.
Source | 🇺🇸 United States : Chart

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United States Imports of Complete & Assembled


Imports of Complete & Assembled in the United States increased to 3965.72 USD Million in January from 3838.84 USD Million in December of 2020. Imports of Complete & Assembled in the United States averaged 1737.16 USD Million from 1989 until 2021, reaching an all time high of 4230.14 USD Million in July of 2019 and a record low of 389.85 USD Million in June of 2009. This page includes a chart with historical data for the United States Imports of Complete & Assembled.
Source | 🇺🇸 United States : Chart

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United States Imports - Complete & Assembled, New & Used (Census Basis)


Imports - Complete & Assembled, New & Used (Census Basis) in the United States decreased to 13823.47 USD Million in January from 15702.65 USD Million in December of 2020. Imports - Complete & Assembled, New & Used (Census in the United States averaged 9208.84 USD Million from 1989 until 2021, reaching an all time high of 15946.30 USD Million in January of 2017 and a record low of 3207.45 USD Million in August of 1989. This page includes a chart with historical data for the United States Imports of Complete & Assembled, New & Used.
Source | 🇺🇸 United States : Chart

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United States Imports - Computers, Peripherals & Semiconductors (Census)


Imports - Computers, Peripherals & Semiconductors (Census) in the United States increased to 19334.08 USD Million in January from 18931.84 USD Million in December of 2020. Imports - Computers, Peripherals & Semiconductors in the United States averaged 10156.74 USD Million from 1989 until 2021, reaching an all time high of 19334.08 USD Million in January of 2021 and a record low of 2564.70 USD Million in January of 1989. This page includes a chart with historical data for the United States Imports of Computers, Peripherals & Semiconductors.
Source | 🇺🇸 United States : Chart

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United States Imports - Consumer Durables & Nondurables(Census Basis)


Imports - Consumer Durables & Nondurables(Census Basis) in the United States increased to 1945.97 USD Million in January from 1801.27 USD Million in December of 2020. Imports - Consumer Durables & Nondurables(Census B in the United States averaged 1466.56 USD Million from 1989 until 2021, reaching an all time high of 2861.06 USD Million in September of 2016 and a record low of 228.70 USD Million in April of 2020. This page includes a chart with historical data for the United States Imports of Consumer Durables & Nondurables(census.
Source | 🇺🇸 United States : Chart

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United States Imports - Consumer Durables, Unmanufactured (Census Basis)


Imports - Consumer Durables, Unmanufactured (Census Basis) in the United States increased to 1722.51 USD Million in January from 1590.95 USD Million in December of 2020. Imports - Consumer Durables, Unmanufactured (Censu in the United States averaged 1356.90 USD Million from 1989 until 2021, reaching an all time high of 2708.83 USD Million in September of 2016 and a record low of 91.13 USD Million in April of 2020. This page includes a chart with historical data for the United States Imports of Consumer Durables, Unmanufactured.
Source | 🇺🇸 United States : Chart

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United States Overnight Repo Rate


The United States Overnight Repo Rate decreased to 0.02 on Friday March 12 from 0.04 in the previous day. Repo Rate in the United States averaged 2.29 from 1995 until 2021, reaching an all time high of 6.94 in September of 2019 and a record low of -0.01 in December of 2009. Overnight repo rate is the interest rate at which different market participants swap treasuries for cash to cover short-term cash needs. The repo rate is helping to ensure banks have the liquidity to meet their daily operational needs and maintain sufficient reserves. The repo rate usually trades in line with the Federal Reserve’s target interest rate. This page provides - United States Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States - Credit Rating


Fitch Ratings changed on Friday 31 July 2020 the United States’ sovereign rating outlook to negative from stable and affirmed the debt grade at AAA, citing as main trigger behind the revision the ongoing deterioration in the U.S. public finances and the absence of a credible fiscal consolidation plan, issues that were highlighted in the agency's last rating review on March 26, 2020. Standard & Poor's credit rating for the United States stands at AA+ with stable outlook. Moody's credit rating for the United States was last set at Aaa with stable outlook. DBRS's credit rating for the United States is AAA with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of the United States thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for the United States as reported by major credit rating agencies.
Source | 🇺🇸 United States : Chart

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United States Loans and Leases in Bank Credit


Private Sector Credit in the United States increased to 10361.55 USD Billion in February from 10347.68 USD Billion in January of 2021. Private Sector Credit in the United States averaged 2614.78 USD Billion from 1950 until 2021, reaching an all time high of 10829.94 USD Billion in May of 2020 and a record low of 39.04 USD Billion in January of 1950. This page provides - United States Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Commercial and Industrial Loans


Loans to Private Sector in the United States increased to 2589.97 USD Billion in February from 2573.56 USD Billion in January of 2021. Loans to Private Sector in the United States averaged 651.91 USD Billion from 1950 until 2021, reaching an all time high of 3030.13 USD Billion in May of 2020 and a record low of 13.65 USD Billion in January of 1950. This page provides - United States Loans to Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Job Openings NSA


Job Vacancies in the United States increased to 6931 Thousand in January from 6178 Thousand in December of 2020. Job Vacancies in the United States averaged 4587.04 Thousand from 2000 until 2021, reaching an all time high of 7746 Thousand in April of 2019 and a record low of 2157 Thousand in December of 2009. This page provides - United States Job Vacancies - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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Bitcoin Consolidates Above $57,000. Where Is BTC Heading Next?

In 2020, after a significant decline due to the covid-19 pandemic, the BTC/USD pair recovered from around $3,500 to just above $10,000.

Many analysts viewed this move more as a corrective move, linking it to the BTC halving in May. Nevertheless, despite the pessimistic forecasts and sentiments, after the halving, Bitcoin managed to stabilize in the region of $10,000 — $13,000, after which the prices of the premier cryptocurrency steadily headed towards $19,870 — the maximum of 2017.

Breaking this level marked the triumphant return of bulls to the cryptocurrency markets.

From the same moment, the second wave of the uptrend began, which, in my opinion, ended at $58,335. We observed the correction phase of this wave at the end of February when the BTC/USD pair fell sharply to $46,136.

The market is preparing for the third wave

Now market participants are preparing for the third wave of growth and stabilize prices in the range of $53,000 — $56,000. A technical trigger for further growth can be a confident overcoming of the $59,000 mark, which could provoke a massive close of short positions.

Bitcoin weekly chart. Source: TradingView

The targets of the third wave of growth under a moderate scenario of the development of events may be the marks of $70,000 — $75,000, under the optimistic scenario — $90,000 — $100,000. These goals are indicative since due to the strong dynamics of cryptocurrencies it is difficult to make any accurate forecasts.

The bull trap won’t work

In addition, I would like to note that another scenario is possible — the so-called “bull trap”, when, after breaking through the high, the price turns in the opposite direction. But in my opinion, now, the probability of such an event is no more than 30%, since there are strong fundamental factors on the side of Bitcoin.

Firstly, these are the measures taken by the world central banks to stimulate the economy and counter the crisis caused by the pandemic.

Secondly, the recognition of cryptocurrencies by the leading players of traditional financial platforms. This includes news about Tesla‘s $1.5 billion investment in Bitcoin and the release of Ethereum on the Chicago Mercantile Exchange. All this strengthens the position of Bitcoin and makes it more likely that the upward movement will continue.

When the trend starts to fade

Most likely, the upward trend will slow down when global central banks and governments start signaling the gradual curtailment of financial incentives. This should be preceded by systematic positive macroeconomic data from the US and Europe.

Paradoxically, the longer the United States takes to get out of the pandemic crisis, the more likely cryptocurrencies will feel better. I believe that global support for financial markets will last until at least September this year. In the meantime, investors are adjusting positions in their investment portfolios, and most likely, by the end of March, a sawtooth movement in the range of $53,000 — $56,000 will be observed on cryptocurrency exchanges.

If you have any questions and comments on Bitcoin today, use the form below to reply.


© MarkStevenson for Commodity News, 2021. | Permalink | No comment |
Published under: Bitcoin, Forecasts

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20210312

Commodities Week in Review: March 8 to March 12

Commodities Week in Review: March 8 to March 12

Agriculture 

The major agricultural commodities took a break from their monumental 2021 rally this week, despite a bullish World Agricultural Supply and Demand Estimates (WASDE) report from the US Department of Agriculture (USDA) that suggested tightening supplies and strengthening foreign demand. The slide in soybeans, corn, and wheat may have been caused by the volatility in the broader financial markets amid rising Treasury yields that also led to a higher US dollar during many trading sessions. A stronger buck is bad for dollar-pegged commodities because it makes it more expensive for foreign investors to purchase.

Cocoa 

  • Friday Settlement: +$14.00, or 0.54%, to $2,584 per metric ton
  • Weekly Performance: +1.25%
  • YTD Performance: -0.5%

Coffee 

  • Friday Settlement: +$0.0015, or 0.11%, to $1.3315 per pound
  • Weekly Performance: +3.94%
  • YTD Performance: +4.6%

Corn 

  • Friday Settlement: +$0.0125, or 0.23%, to $5.3975
  • Weekly Performance: -1.37%
  • YTD Performance: +11.12%

Cotton 

  • Friday Settlement: -0.59 cent, or 0.67%, to 87.76 cents per pound
  • Weekly Performance: +0.13%
  • YTD Performance: +12.21%

Lean Hogs

  • Friday Settlement: -0.30 cent, or 0.33%, to 91.20 cents per pound
  • Weekly Performance: +4.38%
  • YTD Performance: +29.64%

Orange Juice 

  • Friday Settlement: -$0.001, or 0.09%, to $1.1545 per pound
  • Weekly Performance: +3.82%
  • YTD Performance: -8.26%

Rice 

  • Friday Settlement: +$0.005, or 0.04%, to $12.995 per pound
  • Weekly Performance: +0.93%
  • YTD Performance: +9.06%

Soybeans 

  • Friday Settlement: -$0.005, or 0.04%, to $14.13 per bushel
  • Weekly Performance: -1.41%
  • YTD Performance: +7.84%

Sugar 

  • Friday Settlement: -0.0025 cent, or 1.53%, to 16.11 cents per pound
  • Weekly Performance: -1.65%
  • YTD Performance: +3.94%

Wheat 

  • Friday Settlement: -$0.045, or 0.7%, to $6.38 per bushel
  • Weekly Performance: -2.56%
  • YTD Performance: -0.58%

Bitcoin 

The peer-to-peer decentralized cryptocurrency bitcoin retested an all-time high this week. Bitcoin prices recovered nearly all of their losses since the middle of February, but some market analysts are concerned that a “double top” could form, triggering investors to take part in early profit-taking. However, if this does not unfold, the virtual currency could post fresh all-time highs. And industry observers think the market could deliver the answer as early as this weekend.

  • Friday Settlement: -$705.00, or 1.22%, to $57,250.00 per coin
  • Weekly Performance: +15.94%
  • YTD Performance: +95.93%

Energy 

Energy commodities recorded a surprising decline this week, potentially because investors took some early profits. All the components were there for crude oil prices to flirt with $70 per barrel, including Saudi Arabia confirming another attack by Yemen’s Iranian-backed Houthis rebel group. This could be a case once again of oil prices soaring too quickly, which occurred in late January and early February when crude was rallying at a massive rate before cooling off. It is expected to be another quiet week without too many news events happening or data being published.

West Texas Intermediate (WTI) Crude Oil 

  • Friday Settlement: -$0.46, or 0.7%, to $65.56 per barrel
  • Weekly Performance: -1.09%
  • YTD Performance: +35.40%

Brent Crude Oil 

  • Friday Settlement: +$0.01, or 0.01%, to $69.23 per barrel
  • Weekly Performance: -0.66%
  • YTD Performance: +33.86%

Natural Gas 

  • Friday Settlement: -$0.067, or 2.48%, to $2.636 per million British thermal units (btu)
  • Weekly Performance: -3.58%
  • YTD Performance: +3.94%

Gasoline 

  • Friday Settlement: +$0.0139, or 0.65%, to $2.1519 per gallon
  • Weekly Performance: +3.61%
  • YTD Performance: +52.5%

Heating Oil 

  • Friday Settlement: +$0.0066, or 0.34%, to $1.966 per gallon
  • Weekly Performance: +0.91%
  • YTD Performance: +32.42%

Metals 

The metals market had an impressive week, especially in copper since it retraced most of its losses. Gold and silver benefited from growing inflation concerns after President Joe Biden signed the America Rescue Plan 2021, a $1.9 trillion coronavirus stimulus and relief package. But rising Treasury yields and a rallying buck put a lid on precious metals’ gains since the former raises the opportunity cost and the latter makes it more expensive for foreign traders.

Gold 

  • Friday Settlement: +$3.20, or 0.19%, to $1,725.80 per ounce
  • Weekly Performance: +1.63%
  • YTD Performance: -9.24%

Silver 

  • Friday Settlement: -$0.198, or 0.76%, to $25.995 per ounce
  • Weekly Performance: +2.77%
  • YTD Performance: -2.00%

Copper 

  • Friday Settlement: +$0.018, or 0.43%, to $4.157 per pound
  • Weekly Performance: +1.39%
  • YTD Performance: +18.10%

Palladium 

  • Friday Settlement: +$17.90, or 0.76%, to $2,359.50 per ounce
  • Weekly Performance: +1.53%
  • YTD Performance: -3.91%

Platinum 

  • Friday Settlement: +$5.30, or 0.44%, to $1,207.60 per ounce
  • Weekly Performance: +6.56%
  • YTD Performance: +11.87%

Steel 

  • Friday Settlement: 0% at $1,258.00 per ton
  • Weekly Performance:  -0.16%
  • YTD Performance: +30.63%

If you have any questions and comments on commodities today, use the form below to reply.


© AndrewMoran for Commodity News, 2021. | Permalink | No comment |
Published under: Bitcoin, Cocoa, Coffee, Copper, Corn, Cotton, Gold, Hogs, Natural Gas, Nickel, Oil, Orange Juice, Palladium, Platinum, Rice, Silver, Soybean, Steel, Sugar, Wheat

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One Year Later After Black Thursday Crash, CFTC Probe Binance

 

 

If you have any questions and comments on Bitcoin today, use the form below to reply.


© IbrahimAnifowoshe for Commodity News, 2021. | Permalink | No comment |
Published under: Technical Analysis

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Gold Slips on Higher Treasurys, Poised for 1% Weekly Gain

Gold futures are sliding on Friday, but they are on track for a weekly gain of at least 1%, driven mostly by inflation fears. The yellow metal slumped on rising Treasury yields and a strengthening US dollar. Gold prices have had a disappointing start to 2021, unable to maintain the momentum from most of last year.

April gold futures tumbled $5.20, or 0.3%, to $1,717.40 per ounce at 16:28 GMT on Friday on the COMEX division of the New York Mercantile Exchange. While gold has logged some impressive single-session performances, the precious metal has been chiefly bearish this year, plummeting close to 10% year-to-date.

Silver, the sister commodity to gold, fell below $26 to finish the trading week. May silver futures shed $0.353, or 1.35%, to $25.84 an ounce. The white metal will post a weekly gain of 2.2%, paring its 2021 drop to below 3%.

Two main factors are driving the metals market to end the trading week.

The US bond market rebounded from Thursday’s lackluster performance. The benchmark 10-year Treasury, which has generated quite the buzz in the broader financial markets this month, climbed 0.106% to 1.633%. The one-year bill dipped 0.002% to 0.079%, while the 30-year bond rallied 0.114%, to 2.395%.

Rising interest rates are bearish for non-yielding bullion since they increase the opportunity cost.

The US Dollar Index (DXY) also recover from Wednesday’s loss, advancing 0.25% to 91.64, from an opening of 91.43. The DXY will post a weekly decline of 0.36%, but the index is up nearly 2% year-to-date. A stronger buck is bad for commodities priced in dollars because it makes it more expensive for foreign investors to purchase.

Market analysts say that physical demand remains impressive in North America, Europe, and Asia amid supply chain difficulties and higher premiums. For now, demand for exchange-traded funds (ETFs) had cooled off since November when coronavirus vaccines were announced by Pfizer, Moderna, AstraZeneca, and Johnson & Johnson.

In the medium- and long-term, higher price inflation will play a contributing role in gold markets. President Joe Biden signed the Ameria Rescue Act of 2021, a $1.9 trillion coronavirus stimulus and relief package that includes $1,400 direct-income support checks. Democrats have already revealed that they are considering another massive stimulus package later this year.

In other metal markets, April copper futures slid $0.0065, or 0.16%, to $4.1325 per pound. April platinum futures shed $2.70, or 0.22%, to $1,199.60 per ounce. April palladium futures picked up $19.40, or 0.83%, to $2,361.00 an ounce.

If you have any questions and comments on commodities today, use the form below to reply.


© AndrewMoran for Commodity News, 2021. | Permalink | No comment |
Published under: Gold

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How the Caribbean Can Avoid Becoming a COVID-19 Long-Hauler

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United States Producer Prices Change


Producer Prices in the United States increased 2.80 percent in February of 2021 over the same month in the previous year. Producer Prices Change in the United States averaged 2.95 percent from 1950 until 2021, reaching an all time high of 19.57 percent in November of 1974 and a record low of -6.86 percent in July of 2009. In the United States, the Producer Price Index for final demand measures price change for commodities sold for personal consumption, capital investment, government, and export. It is composed of six main price indexes: final demand goods (33 percent of the total weight), which includes food and energy; final demand trade services (20 percent); final demand transportation and warehousing services (4 percent); final demand services less trade, transportation, and warehousing (41 percent); final demand construction (2 percent); and overall final demand. This page provides - United States Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Producer Prices


Producer Prices in the United States increased to 121.90 points in February from 121.30 points in January of 2021. Producer Prices in the United States averaged 111.03 points from 2009 until 2021, reaching an all time high of 121.90 points in February of 2021 and a record low of 100.20 points in November of 2009. In the United States, the Producer Price Index for final demand measures price change for commodities sold for personal consumption, capital investment, government, and export. It is composed of six main price indexes: final demand goods (33 percent of the total weight), which includes food and energy; final demand trade services (20 percent); final demand transportation and warehousing services (4 percent); final demand services less trade, transportation, and warehousing (41 percent); final demand construction (2 percent); and overall final demand. This page provides the latest reported value for - United States Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Source | 🇺🇸 United States : Chart

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Video: Updated Crude Oil Forecast for March 2021 – Oil Rally on Economic Recovery?

In the present video, David Jones from Capital.com provides his updated forecast for crude oil in March 2021. He starts the video with fundamental analysis, explaining what factors drove prices for WTI crude oil to the highest level since October 2018 and what factors will be affecting crude in the near future. Next, David turns to technical analysis, listing the major support and resistance levels. He then shows charts and technical indicators, trying to predict where prices may go next. In the end, David decides to bet on the bullish trend to continue. He places an order to buy crude in case of a pullback to $61, placing stop-loss near the February lows at $58.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below.


© Commodity Inspector for Commodity News, 2021. | Permalink | No comment |
Published under: Forecasts, Oil, Trading Videos

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Video: Gold, Silver, Platinum as of March 12, 2021

In the present video, Phil Carr from The Gold and Silver Club talks about gold, silver, and platinum as of March 12, 2021. He discusses the moves of the metal prices during this week, reasons for them, and how traders could have reacted to them. Phil also mentions events that will be driving the metal market next week.

If you found this video useful and want to see more videos like this one or if you want to see a commodity trading video on some other topic, please leave your response using the form below.


© Commodity Inspector for Commodity News, 2021. | Permalink | No comment |
Published under: Forecasts, Gold, Platinum, Silver, Trading Videos

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US Dollar LIBOR Three Month Rate


US Dollar LIBOR Three Month Rate was at 0.18 percent on Friday March 12. Interbank Rate in the United States averaged 3.62 percent from 1986 until 2021, reaching an all time high of 10.63 percent in March of 1989 and a record low of 0.18 percent in February of 2021. The three month US Dollar LIBOR interest rate is the average interest rate at which a LIBOR contributor bank can obtain unsecured funding in the London interbank market for a three month period in US dollars. This page provides - United States Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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20210311

Bitcoin May Close March Bearish

Yesterday, Bitcoin showed a bullish signal that encouraged investors that the crypto was showing a better price action compared to last week. This quarter has been the most profitable quarter on record for the king cryptocurrency. Within the past three months, the coin has gained more than $25,000.

However, despite this enormous price gain, the coin is showing its first ever bearish divergence on quarterly timeframes in the asset’s history.

Last year, alongside the pandemic showed incredible resilience. During 2020, the price in the first three quarters of the year ranged from $4,000 to $10,000. But as soon as it broke this range, the price skyrocketed.

As the price traded for $56,897 at 18:29 GMT on Thursday, gaining 0.04% in the last 24 hours, the hike in the volatility of the coin indicated a bullish signal. The rise of Bitcoin addresses was also important as a metric. As of writing, there were 36 million Bitcoin addresses with a non-zero balance. A year-to-date growth of 9%.

Another indication of this bullish trend is the increased capitalization of the coin. It is probable that Bitcoin’s price has already moved past the $48,000 to $54,000 range. This is a price appreciation that is only 7% compared to Ethereum’s 14% over the last week.

Bearish divergences are stacked against Bitcoin

An analyst noted that the coin would need to add another $20,000 or so to bring indicators high enough to close the month out without falling victim to the several bearish divergences stacked against it on the quarterly candle.

Sadly, traditionally, March has been a bad month for the coin. In 2020, Bitcoin fell from $10,000 to $3,800 in a few days. Hence, the possibility of such a $20,000 gain is highly unlikely.

Bitcoin Performance Month by Month

Although in the past technical indicators stacking with bearish divergences on Bitcoin only resulted in a strong uptrend.

bitcoin divergence

The chart above shows how clear the bearish divergence is. To avoid these signals confirming with a bearish reversal in the short-term, Bitcoin price would need to continue to climb by “$20,000 to $30,000” more before the end of March.

Nothing is impossible with Bitcoin as the bullish signals in the near term are strong. Another $20,000 to $30,000 move in less than 20 days can not be ruled out.

If you have any questions and comments on Bitcoin today, use the form below to reply.


© IbrahimAnifowoshe for Commodity News, 2021. | Permalink | No comment |
Published under: Bitcoin, Forecasts

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Natural Gas Adds to Weakness After Smaller-than-Expected Supply Withdrawal

Natural gas futures slumped toward the end of the trading week after the US government reported a smaller-than-expected decrease. The bears are fully entrenched in natural gas markets as the bulls might be waiting for sweltering summer weather to make a move. Until then, long-term prospects could be driving prices following China’s imports in the first two months of 2021.

April natural gas futures dropped $0.041, or 1.50%, to $2.687 per million British thermal units (btu) at 14:41 GMT on Thursday on the New York Mercantile Exchange. Natural gas prices are on track for a weekly loss of nearly 4%, paring their year-to-date gain to below 7%.

According to the US Energy Information Administration (EIA), domestic inventories of natural gas plunged 52 billion cubic feet in the week ending March 5. This fell short of the median estimate of 73 billion cubic feet.

In total, US supplies stand at 1.793 trillion cubic feet, down 257 billion cubic feet from the same time a year ago. They are also 141 billion cubic feet under the five-year average.

It has been a relatively quiet week for natural gas markets. As the bears take over natural gas prices, bulls are waiting for the latest weather models to make their move.

For the most part, weather forecasts are pointing to warm weather ahead, affecting demand for the so-called bridge fuel. Also, the recent expectation of frigid temperatures in mid-March might be less severe than initially anticipated.

Bespoke Weather Services wrote in a report:

The pattern still does not deviate too far from normal, though we have moved the 11- to 15-day time frame a little on the warm side of normal.

Longer range expectations remain for a warm lean late month into April, which is still bearish. As such, we are not expecting weather to assist natural gas bulls much anytime soon, at least until entering the true warm season.

It was recently reported that industry observers are calling for record-breaking temperatures this summer, with most of the heat concentrated in Texas. This could elevate natural gas prices as it would increase commercial and residential air-conditioning consumption.

Moreover, as the US economy begins to reopen, natural gas demand could continually increase. At the same time, a plethora of outlooks suggests that consumption and output of the energy commodity might not return to pre-pandemic levels until 2022 or 2023.

Investors were optimistic over long-term foreign demand following last month’s natural gas exports to China. After witnessing the coldest winter in decades, Chinese imports surged 17.4% to 28.68 billion cubic meters in January and February. As Oilprice.com reports, domestic output desires might be an impossible feat because of its complex geology deposits, requiring massive investment.

This means China will remain a huge natural gas importer for the observable future, driving intense competition in the energy industry.

In other energy commodities, April West Texas Intermediate (WTI) crude oil futures rose $0.38, or 0.59%, to $64.82 per barrel. May Brent crude futures added $0.62, or 0.91%, to $68.50 a barrel. April gasoline futures jumped $0.0262, or 1.26%, to $2.1066 a gallon. April heating oil futures edged up by $0.0061, or 0.32%, to $1.9237 per gallon.

If you have any questions and comments on commodities today, use the form below to reply.


© AndrewMoran for Commodity News, 2021. | Permalink | No comment |
Published under: Natural Gas

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United States Natural Gas Stocks Change


Working gas held in storage facilities in the United States decreased by 52 billion cubic feet in the week ending March 5 of 2021 . Natural Gas Stocks Change in the United States averaged -0.39 Billion cf from 1994 until 2021, reaching an all time high of 147 Billion cf in July of 2003 and a record low of -359 Billion cf in January of 2018. Natural Gas Stocks Change refers to the weekly change of the natural gas supply situation. This page provides the latest reported value for - United States Natural Gas Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Source | 🇺🇸 United States : Chart

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United States Job Openings


Job Offers in the United States increased to 6917 Thousand in January from 6752 Thousand in December of 2020. Job Offers in the United States averaged 4592.30 Thousand from 2000 until 2021, reaching an all time high of 7574 Thousand in November of 2018 and a record low of 2232 Thousand in July of 2009. In the United States, job openings refer to all positions that are open (not filled) on the last business day of the month. Job openings are part of the Job Openings and Labor Turnover Survey (JOLTS). The survey collects data from around 16400 nonfarm establishments including retailers and manufacturers, as well as federal, state, and local government entities in the 50 states and the District of Columbia. The JOLTS assesses the unmet demand for labor in the U.S. labor market and gained attention in 2014 as favorite labor market indicator of Federal Reserve Chair Janet Yellen. This page provides the latest reported value for - United States Job Openings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Source | 🇺🇸 United States : Chart

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United States Pandemic Unemployment Assistance Claims


Pandemic Unemployment Assistance Claims in the United States increased to 478 Thousand in March 6 from 436.14 Thousand in the previous week. Pandemic Unemployment Assistance Claims in the United States averaged 563.01 Thousand from 2020 until 2021, reaching an all time high of 1352.18 Thousand in May of 2020 and a record low of 31.95 Thousand in April of 2020. This page provides - United States Pandemic Unemployment Assistance Claims- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Jobless Claims 4-week Average


Jobless Claims 4-week Average in the United States decreased to 759 Thousand in March 6 from 793 Thousand in the previous week. Jobless Claims 4-week Average in the United States averaged 372.61 Thousand from 1967 until 2021, reaching an all time high of 5790.25 Thousand in April of 2020 and a record low of 179 Thousand in May of 1969. This page provides - United States Jobless Claims 4-week Average- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Fiscal Expenditure


Fiscal Expenditure in the United States increased to 559236 USD Million in February from 547483 USD Million in January of 2021. Fiscal Expenditure in the United States averaged 123489.37 USD Million from 1954 until 2021, reaching an all time high of 1104903 USD Million in June of 2020 and a record low of 3842 USD Million in November of 1954. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - United States Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Government Revenues


Government Revenues in the United States decreased to 248314 USD Million in February from 384651 USD Million in January of 2021. Government Revenues in the United States averaged 154099.18 USD Million from 1980 until 2021, reaching an all time high of 563496 USD Million in July of 2020 and a record low of 33111 USD Million in March of 1980. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - United States Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Government Budget


The United States recorded a government budget deficit of 311000 USD Million in February of 2021. Government Budget Value in the United States averaged -23421.17 USD Million from 1954 until 2021, reaching an all time high of 214255 USD Million in April of 2018 and a record low of -864074 USD Million in June of 2020. Federal Government budget balance is the difference between budget receipts (income) and budget outlays (spending). A budget surplus is expressed as a positive value. A budget deficit is expressed as a negative value. This page provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Initial Jobless Claims


Initial Jobless Claims in the United States increased to 745 thousand in the week ending February 27 of 2021 from 736 thousand in the previous week. Initial Jobless Claims in the United States averaged 372.58 Thousand from 1967 until 2021, reaching an all time high of 6867 Thousand in March of 2020 and a record low of 162 Thousand in November of 1968. Initial jobless claims have a big impact in financial markets because unlike continued claims data which measures the number of persons claiming unemployment benefits, Initial jobless claims measures new and emerging unemployment. This page provides the latest reported value for - United States Initial Jobless Claims - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Source | 🇺🇸 United States : Chart

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US Dollar LIBOR Three Month Rate


US Dollar LIBOR Three Month Rate was at 0.18 percent on Thursday March 11. Interbank Rate in the United States averaged 3.62 percent from 1986 until 2021, reaching an all time high of 10.63 percent in March of 1989 and a record low of 0.18 percent in February of 2021. The three month US Dollar LIBOR interest rate is the average interest rate at which a LIBOR contributor bank can obtain unsecured funding in the London interbank market for a three month period in US dollars. This page provides - United States Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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20210310

Vietnam: Successfully Navigating the Pandemic

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Bitcoin Nears $57K As Companies with Bitcoin Exposure Increases

Bitcoin broke the $50,000 barrier cleanly at the start of the week. At 18:50 GMT, the coin traded at $56,997, gaining 5.70% in the last 24 hours. This new price comes a relief to the market, especially the bulls, who have had to witness the downside of the coin this past week.

Despite new hands coming into cryptocurrencies, the slump of Bitcoin price has continued to persist. Robinhood, a trading platform, noted that more 3 million new users purchased crypto from their platform in January. Crypto buyers on the platform have exceeded 6 million since the start of this year. This is a strong indication that crypto adoption among retail investors has greatly increased.

Considering this, it is almost unfathomable why the volatility of the coin is so high. The dip in the market from $58,352 on February 21 to $43,700 on February 28 was huge. A fall of 25% within 7 days. This seems extraordinarily high.

Although this is not new in the traditional stock market. Tesla’s stock recently slumped 11.4% in a major price correction.

The price slumped as investors bought more

As Bitcoin continues to gain popularity and acceptance, the recent price dip has made more people weary.

Institutional investors and companies who have put money in Bitcoin have to go through bureaucracy as they convinced their investors why Bitcoin is a good investment and might have a hard time going forward. If the volatility of the coin continues to make the price wildly fluctuate, positive sentiment may also swing.

However, big corporations like MicroStrategy keeps buying.

MicroStrategy’s CEO Saylor announced on Feb. 24 that the firm had purchased another 19,452 Bitcoin, worth around $1 billion at the time. The next week, on March 1, he revealed that the firm had bought another small lot of 328 Bitcoin, worth $15 million at the time. As of writing, the business intelligence firm holds a total of 91,064 BTC, worth nearly $4.6 billion. This BTC holding is nearly 74% of the company’s market capitalization.

Jay Hao, CEO of crypto exchange OKEx said with regards to MicroStrategy:

We are seeing more institutional custodial solutions like BNY Mellon being developed but they will be coming later on in the year. It takes time. It’s not as simple for most institutions to simply decide to buy BTC like Michael Saylor. Most have to go through strenuous processes first and I think that is partly the reason for this pause.

Earlier today, JP Morgan filed with the SEC its intention to create a new investment product that is essentially a weighted basket of companies with cryptocurrency exposure.

As expected, MicroStrategy made up the largest share of the basket at 20%. Square Inc, Riot Blockchain, and Nvidia made up 18%, 15%, and 15% respectively. The remaining 32% of the basket comprised of the likes of AMD, PayPal, and CME Group.

The bull run at the start of the year brought in a lot of retail investors. However, it is glaring that many investors bought the benchmark cryptocurrency for a possibility of high returns not offered by other traditional asset. Evidently, when the price fell to $44,000, many sold off their BTC holdings.

Notwithstanding, it is clear that institutional investors are undeterred. The last volatility showed that many bought rather than sold. They welcomed the price drop as it allowed them to accumulate more at a lower price.

If you have any questions and comments on Bitcoin today, use the form below to reply.


© IbrahimAnifowoshe for Commodity News, 2021. | Permalink | No comment |
Published under: Bitcoin

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US Crude Holds Steady Despite 14 Million-Barrel Supply Build

US crude oil futures are retesting $65 in the middle of the trading week. The weekly US government supply build and optimism for the global economic recovery came into focus for energy commodities. As Brent prices home in on $70, will US oil prices hit $70 this year, too? The consensus on Wall Street that it is an inevitability at this point.

April West Texas Intermediate (WTI) crude futures rose $0.32, or 0.5%, to $64.33 per barrel at 14:41 GMT on Wednesday on the New York Mercantile Exchange. US crude prices have surged more than 5% over the last week, adding to their year-to-date rally of 33%.

Brent, the international benchmark for oil prices, topped $68. May Brent crude futures advanced $0.52, or 0.77%, to $68.04 per barrel on London’s ICE Futures exchange.

According to the US Energy Information Administration (EIA), domestic crude supplies surged 13.798 million barrels in the week ending March 5, coming in a lot higher than the median estimate of 816,000 barrels. This marked the third consecutive week that US inventories have increased. Last week, US stocks spiked 21.563 million barrels.

Stockpiles at the Cushing, Oklahoma storage facility rose 526,000 barrels. Distillate inventories plunged 5.504 million barrels, while gasoline supplies plummeted 11.869 million barrels.

On Tuesday, the EIA stated that domestic crude production declined by 8%, or close to one million barrels per day (bpd), in 2020. In total, oil output averaged 11.3 million bpd last year, compared to the 2019 record high annual average of 12.2 million bpd.

In a recent statement, Saudi Foreign Minister Prince Faisal bin Farhan Al Saud confirmed that Saudi Arabia and Russia would continue to their cooperation with the Organization of the Petroleum Exporting Countries (OPEC) and its allies, OPEC+. Last week, the global cartel completed its March meeting, which saw the group sustain its production cuts heading into April, as well as Riyadh pledging to voluntarily slash output by one million barrels per day (bpd).

Standard Chartered was blunt in its latest research note:

In our view, the March 4 OPEC+ meeting has not just left the door to higher prices open, it has taken that door off its hinges and chopped it up for firewood.

Global crude markets were also pleased by the latest data highlighting greater oil imports from China and India. There is also optimism that Iranian supplies will soon normalize, although the impact this development would have on the broader energy industry remains to be seen.

Investors were also ebullient over a recent economic outlook from Organisation for Economic Cooperation and Development (OECD). The report forecast that the economy would rebound 5.6% this year and 4% in 2022.

In other energy markets, April natural gas futures tumbled $0.017, or 0.63%, to $2.679 per million British thermal units (btu). April gasoline futures edged up by $0.0048, or 0.23%, to $2.055 a gallon. April heating oil futures jumped $0.0073, or 0.38%, to $1.9149 a gallon.

If you have any questions and comments on commodities today, use the form below to reply.


© AndrewMoran for Commodity News, 2021. | Permalink | No comment |
Published under: Oil

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United States API Product Imports


API Product Imports in the United States increased to -0.09 BBL/1Million in March 5 from -0.14 BBL/1Million in the previous week. API Product Imports in the United States averaged -0.96 BBL/1Million from 2016 until 2021, reaching an all time high of 793 BBL/1Million in January of 2017 and a record low of -504 BBL/1Million in February of 2017. This page provides - United States API Product Imports- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Refinery Crude Runs


Refinery Crude Runs in the United States increased to 2407 Thousand Barrels in March 5 from -2327 Thousand Barrels in the previous week. Refinery Crude Runs in the United States averaged 0.29 Thousand Barrels from 1982 until 2021, reaching an all time high of 2407 Thousand Barrels in March of 2021 and a record low of -3253 Thousand Barrels in September of 2017. Crude Runs refer to the volume of crude oil consumed by refineries. This page provides - United States Refinery Crude Runs- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States API Heating Oil


API Heating Oil in the United States increased to 0.30 BBL/1Million in March 5 from -0.66 BBL/1Million in the previous week. API Heating Oil in the United States averaged -0.02 BBL/1Million from 2016 until 2021, reaching an all time high of 1.90 BBL/1Million in October of 2018 and a record low of -1.62 BBL/1Million in March of 2018. This page provides - United States API Heating Oil- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States API Cushing Number


API Cushing Number in the United States decreased to 0.30 BBL/1Million in March 5 from 0.73 BBL/1Million in the previous week. API Cushing Number in the United States averaged -0.03 BBL/1Million from 2016 until 2021, reaching an all time high of 6.80 BBL/1Million in April of 2020 and a record low of -5.04 BBL/1Million in May of 2020. This page provides - United States Api Cushing Number- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States API Crude Runs


API Crude Runs in the United States increased to 0.90 BBL/1Million in March 5 from -1.75 BBL/1Million in the previous week. API Crude Runs in the United States averaged -0.02 BBL/1Million from 2016 until 2021, reaching an all time high of 1.30 BBL/1Million in September of 2017 and a record low of -2.23 BBL/1Million in February of 2021. This page provides - United States API Refinery Crude Runs- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Heating Oil Stocks


Heating Oil Stocks in the United States increased to 544 Thousand Barrels in March 5 from -1123 Thousand Barrels in the previous week. Heating Oil Stocks in the United States averaged -55.31 Thousand Barrels from 1993 until 2021, reaching an all time high of 94208 Thousand Barrels in July of 1993 and a record low of -92090 Thousand Barrels in June of 1993. This page provides - United States Heating Oil Stocks - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States API Distillate Stocks


API Distillate Stocks in the United States increased to -4.80 BBL/1Million in March 5 from -9.05 BBL/1Million in the previous week. API Distillate Stocks in the United States averaged -0.01 BBL/1Million from 2017 until 2021, reaching an all time high of 10.24 BBL/1Million in December of 2018 and a record low of -9.05 BBL/1Million in February of 2021. This page provides - United States API Distillate Stocks Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States API Gasoline Stocks


API Gasoline Stocks in the United States increased to -8.50 BBL/1Million in March 5 from -9.93 BBL/1Million in the previous week. API Gasoline Stocks in the United States averaged 0 BBL/1Million from 2017 until 2021, reaching an all time high of 9.45 BBL/1Million in April of 2020 and a record low of -9.93 BBL/1Million in February of 2021. This page provides - United States Api Gasoline Stocks- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Gasoline Stocks Change


Stocks of gasoline in the United States decreased by11869 thousand barrels in the week ending March 5 of 2021. Gasoline Stocks Change in the United States averaged 12.67 Thousand Barrels from 1990 until 2021, reaching an all time high of 11456 Thousand Barrels in May of 1993 and a record low of -13624 Thousand Barrels in February of 2021. Stocks of gasoline refers to the weekly change of the gasoline supply situation. This page provides the latest reported value for - United States Gasoline Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Source | 🇺🇸 United States : Chart

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United States Gasoline Production


Gasoline Production in the United States increased to 704 Thousand Barrels in March 5 from 565 Thousand Barrels in the previous week. Gasoline Production in the United States averaged 1.39 Thousand Barrels from 1982 until 2021, reaching an all time high of 1373 Thousand Barrels in January of 2021 and a record low of -1638 Thousand Barrels in April of 2020. This page provides - United States Gasoline Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Food Inflation


Cost of food in the United States increased 3.60 percent in February of 2021 over the same month in the previous year. Food Inflation in the United States averaged 3.39 percent from 1914 until 2021, reaching an all time high of 36.70 percent in May of 1917 and a record low of -34.30 percent in June of 1921. This page provides the latest reported value for - United States Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Source | 🇺🇸 United States : Chart

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United States Inflation Rate


Inflation Rate in the United States increased to 1.70 percent in February from 1.40 percent in January of 2021. Inflation Rate in the United States averaged 3.23 percent from 1914 until 2021, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921. In the United States, unadjusted Consumer Price Index for All Urban Consumers is based on the prices of a market basket of: food (14 percent of total weight), energy (9.3 percent), commodities less food and energy commodities (19.4 percent) and services less energy services (57.3 percent). The last category is divided by: shelter (32.1 percent), medical care services (5.8 percent) and transportation services (5.5 percent). This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States Inflation Rate MoM


The Consumer Price Index in the United States increased 0.40 percent in February of 2021 over the previous month. Inflation Rate Mom in the United States averaged 0.28 percent from 1950 until 2021, reaching an all time high of 1.80 percent in February of 1951 and a record low of -1.80 percent in November of 2008. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Source | 🇺🇸 United States : Chart

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United States MBA 30-Yr Mortgage Rate


Fixed 30-year mortgage rates in the United States averaged 3.26 percent in the week ending March 5 of 2021. Mortgage Rate in the United States averaged 6.10 percent from 1990 until 2021, reaching an all time high of 10.56 percent in April of 1990 and a record low of 2.85 percent in December of 2020. MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association. This page provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Source | 🇺🇸 United States : Chart

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