ETF

China Economic Data Releases
Commodities

China’s June Consumer Price Index (CPI) and Producer Price Index (PPI) data release overnight are mixed.

Gold Bars
Commodities

Gold is roughly flat on day going into the July 4th weekend, tomorrow will be light volume with only a half day of trading. The SPDR Gold Trust (GLD, [stock GLD]) ETF is lower by 0.14% in the final hour of trading today while the iShares Gold Trust (IAU, [stock IAU]) ETF is holding flat on the day.

Oil Crops Outlook
Commodities

Export shipments of U.S. soybeans for 2011/12 are forecast up 20 million bushels this month to 1.335 billion. And the 2011/12 soybean crush is forecast 15 million bushels higher this month to 1.66 billion based on higher demand for soybean meal. Higher soybean demand would further reduce U.S. season-ending stocks for 2011/12 to 175 million bushels, compared to last month’s forecast at 210 million.

Corn Crop Report
Commodities

Crop Corn Report Released June 18, 2012, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA).

Wheat Outlook
Commodities

Projected U.S. wheat supplies for 2012/13 are lowered 51 million bushels with reduced carryin and lower forecast winter wheat production. Beginning stocks are lowered 40 million bushels with a 10-million-bushel increase in food use and a 30-million-bushel increase in exports for 2011/12.

Asian Markets Rally on European Finance Ministers Bailout
Commodities

Asian markets begin the week off with a big bang Monday morning – Sunday evening in the U.S after the European Finance Ministers approved to provide Spain euros for a banking bailout.

Chairman Ben S. Bernanke Testimony Transcript
Commodities

Chairman Ben S. Bernanke Economic Outlook and Policy Before the Joint Economic Committee, U.S. Congress, Washington, D.C.