544 pips potential forex fx futures news trading profit from 11 events in October 2023 with Haawks G4A machine-readable data feed

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544 pips potential forex fx futures news trading profit from 11 events in October 2023 with Haawks G4A machine-readable data feed

According to our analysis there was a potential of 544 pips / ticks profit out of the following 11 events in October 2023. The potential performance in 2022 was 9,269 pips / ticks.

October 2023

Cumulative potential, indicative performance October 2023, please see all releases below.

Total trading time would have been around 11 minutes! (preparation time not included)


In October 2023, financial markets were influenced by a series of key economic events and reports, each carrying the potential to impact asset prices and trading strategies. The total potential pips and ticks for the month amounted to 544, reflecting the overall market volatility and the opportunities it presented to traders and investors.

Some of the notable events and their respective point values included:

  • US Non-farm Payrolls (NFP) with a potential of 115 points on October 6th, indicating the significance of employment data for market sentiment.

  • US Consumer Price Index (CPI) with 11 pips on October 12th, highlighting the importance of inflation data.

  • DOE Natural Gas Storage Report with 67 ticks on October 12th and 83 ticks on October 19th, signifying the influence of energy supply and demand dynamics.

  • USDA World Agricultural Supply and Demand Estimates (WASDE) with 84 ticks on October 12th, demonstrating the relevance of agricultural commodity data.

  • Sweden Consumer Price Index (CPI) with 154 pips on October 13th, illustrating the impact of inflation data in a global context.

  • University of Michigan Consumer Sentiment/Inflation Expectations with 15 pips and 37 points on October 13th, indicating consumer sentiment's role in shaping market trends.

  • US Census Bureau Retail Sales with 13 pips on October 17th, reflecting the importance of consumer spending.

  • Canada Consumer Price Index (CPI) with 39 pips on October 17th, mirroring the significance of inflation data in the Canadian context.

  • DOE Petroleum Status Report with 49 ticks on October 18th, influencing the energy market and related stocks.

  • US Durable Goods Orders and US Gross Domestic Product (GDP) with 20 pips on October 26th, highlighting the influence of economic health indicators.

In summary, October 2023 presented traders and investors with a variety of economic events that collectively offered the potential for 544 pips and ticks. These events encompassed a broad range of economic data, including employment, inflation, energy supply, agriculture, consumer sentiment, and economic growth. Understanding the significance of these events and their potential impact on financial markets was crucial for those seeking to navigate the complex world of finance and make informed investment decisions.

These events and reports presented opportunities for traders to analyze and capitalize on market movements in various financial instruments, from currencies to commodities. While these opportunities carried profit potential, traders should always be mindful of market risks and exercise prudent trading practices.


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20 pips potential profit in 10 seconds on 26 October 2023, analysis on futures forex fx low latency news trading USDJPY and EURUSD on US Durable Goods Orders and US GDP

According to our analysis USDJPY and EURUSD moved 20 pips on US Durable Goods Orders and US Gross Domestic Product (GDP) data on 26 October 2023.

USDJPY (9 pips)

EURUSD (11 pips)

Charts are exported from JForex (Dukascopy).


U.S. Economy Shows Mixed Signals in Latest Reports

In a snapshot of the U.S. economy's performance, two recent releases by the U.S. Census Bureau and the Bureau of Economic Analysis provide valuable insights into the state of the nation's economic affairs. These reports, released simultaneously on October 26, 2023, reveal a complex economic landscape marked by ups and downs. Let's delve into the key findings from both reports to gain a better understanding of the current economic situation.

1. Advance Estimate of Gross Domestic Product (GDP) for Q3 2023

The Bureau of Economic Analysis (BEA) released its "advance" estimate of the Gross Domestic Product for the third quarter of 2023, and it offers a mixed bag of economic indicators.

Positive Highlights:

  • GDP Growth: Real GDP increased at an annual rate of 4.9 percent in the third quarter, marking a significant acceleration from the 2.1 percent growth seen in the previous quarter.

  • Consumer Spending: The increase in GDP was driven by substantial growth in consumer spending, particularly in services and goods. Housing and utilities, healthcare, financial services, and food services were among the leading contributors to this increase.

  • Exports and Government Spending: Exports, state and local government spending, and federal government spending all contributed positively to GDP growth.

Concerning Points:

  • Nonresidential Fixed Investment: There was a notable downturn in nonresidential fixed investment.

  • Disposable Personal Income: While current-dollar personal income increased, disposable personal income saw a 1.0 percent decrease, contrasting the growth observed in the previous quarter.

  • Personal Saving Rate: The personal saving rate decreased from 5.2 percent to 3.8 percent, indicating that consumers may be saving less.

2. Durable Goods Manufacturers' Shipments, Inventories, and Orders for September 2023

The U.S. Census Bureau's report on durable goods manufacturers' shipments, inventories, and orders for September 2023 provides further insights into economic trends.

Notable Findings:

  • New Orders Increase: New orders for manufactured durable goods increased by $13.2 billion, a 4.7 percent rise, reaching $297.2 billion. This comes after two consecutive monthly decreases.

  • Transportation Sector: A significant driver of this growth was the transportation equipment sector, with orders increasing by $12.3 billion, or 12.7 percent.

  • Excluding Defense: Excluding defense-related orders, new orders surged by 5.8 percent, suggesting strength in non-defense sectors.

Conclusion:

These two simultaneous releases offer a multifaceted view of the U.S. economy. The advance estimate of GDP for Q3 2023 indicates robust economic growth, driven by increased consumer spending, exports, and government spending. However, there are concerns regarding nonresidential fixed investment and personal savings.

On the other hand, the durable goods manufacturers' report signals a rebound in new orders, primarily attributed to the transportation sector and non-defense-related orders.

It's essential to note that economic data is subject to revisions, and a more complete picture will emerge in the coming months. The mixed signals in these reports underscore the dynamic nature of the U.S. economy, where multiple factors contribute to its overall health. As we move forward, keeping a close eye on these economic indicators will be crucial for understanding the nation's economic trajectory.

Sources: https://www.bea.gov/news/2023/gross-domestic-product-third-quarter-2023-advance-estimate, https://www.census.gov/manufacturing/m3/adv/current/index.html


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83 ticks potential profit in 50 seconds on 19 October 2023, analysis on futures forex fx news trading natural gas on DOE Natural Gas Storage Report data

According to our analysis natural gas moved 83 ticks on DOE Natural Gas Storage Report data on 19 October 2023.

Natural gas (83 ticks)

Charts are exported from JForex (Dukascopy).


Natural Gas Weekly Update – October 18, 2023

In the world of energy commodities, natural gas plays a pivotal role in meeting various demands, from residential heating to electricity generation. Understanding the latest developments in the natural gas market is essential for consumers, businesses, and investors. Here's a recap of the key points from the Natural Gas Weekly Update for the week ending October 18, 2023:

Associated Natural Gas Production Surge: In 2022, associated-dissolved natural gas production (associated natural gas) witnessed a significant 9% increase, reaching 15.5 billion cubic feet per day. This surge was primarily attributed to an 8% growth in crude oil production in major U.S. onshore crude oil-producing regions, such as Permian, Bakken, Eagle Ford, Niobrara, and Anadarko. Associated natural gas, which is dissolved in crude oil and released during oil extraction, accounted for over a third of total natural gas production in these regions and 14% of total U.S. natural gas production.

Market Highlights: For the week ending October 18, 2023, here are the natural gas market highlights:

Prices:

  • The Henry Hub spot price fell from $3.18/MMBtu to $2.90/MMBtu.

  • The price of the November 2023 NYMEX contract decreased from $3.377/MMBtu to $3.056/MMBtu.

  • Select regional spot prices showed varying price changes, with some locations experiencing increases.

Supply and Demand:

  • Total supply of natural gas increased by 1.1% compared to the previous week.

  • Dry natural gas production averaged 102.6 Bcf/d, reaching the highest weekly average since May 2023.

  • Total consumption of natural gas rose by 2.4% compared to the previous week.

  • Industrial sector consumption increased, and residential and commercial sector consumption surged due to cooler temperatures.

Liquefied Natural Gas (LNG):

  • Average natural gas deliveries to U.S. LNG export terminals increased by 12.2% week over week.

  • Vessels departing U.S. ports carried a total LNG-carrying capacity of 108 Bcf.

Rig Count:

  • The natural gas rig count decreased by one rig to 117 rigs, while the oil rig count increased by four rigs.

Storage Report Impact:

  • The weekly storage report led to a decline in natural gas prices, with the market dropping by 83 ticks.

Storage:

  • Net injections into storage totaled 97 Bcf for the week ending October 13, slightly above the five-year average.

  • Working natural gas stocks reached 3,626 Bcf, 5% higher than the five-year average and 9% more than last year at the same time.

The natural gas market is influenced by various factors, including production, consumption, and regional price variations. These insights are valuable for both industry experts and everyday consumers as they navigate the energy landscape. Stay tuned for the next update on October 26, 2023, to keep abreast of the latest developments in the natural gas market.

Source: https://www.eia.gov/naturalgas/weekly/


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49 ticks potential profit in 55 seconds on 18 October 2023, analysis on futures forex fx low latency news trading crude oil on DOE Petroleum Status Report data

According to our analysis crude oil moved 49 ticks on DOE Petroleum Status Report data on 18 October 2023.

Light sweet crude oil (22 ticks)

Brent crude oil (27 ticks)

Charts are exported from JForex (Dukascopy).


In recent trading sessions, two significant crude oil benchmarks, West Texas Intermediate (WTI) and Brent crude oil, have experienced notable price movements. WTI has moved up 22 ticks, and Brent has increased by 27 ticks. These price shifts reflect the complex interplay of factors such as global demand, geopolitical tensions, supply concerns, economic recovery, and environmental policies.

One crucial aspect influencing these oil price movements is the weekly Petroleum Status Report for the United States, which provides insights into the nation's crude oil and petroleum product inventories, production rates, and consumption trends.

According to the most recent report for the week ending October 13, 2023:

  1. Crude Oil Refinery Inputs: U.S. crude oil refinery inputs averaged 15.4 million barrels per day during the week, showing an increase of 192 thousand barrels per day from the previous week. Refineries operated at 86.1% of their operable capacity during this period.

  2. Gasoline Production: Gasoline production increased last week, averaging 9.8 million barrels per day.

  3. Distillate Fuel Production: Distillate fuel production decreased last week, averaging 4.7 million barrels per day.

  4. Crude Oil Imports: U.S. crude oil imports averaged 5.9 million barrels per day last week, a decrease of 387 thousand barrels per day from the previous week.

  5. Crude Oil Inventories: U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.5 million barrels from the previous week. At 419.7 million barrels, U.S. crude oil inventories are about 5% below the five-year average for this time of year.

  6. Gasoline and Distillate Inventories: Total motor gasoline inventories decreased by 2.4 million barrels from last week and are slightly above the five-year average for this time of year. Distillate fuel inventories decreased by 3.2 million barrels last week and are about 12% below the five-year average for this time of year.

  7. Total Commercial Petroleum Inventories: Total commercial petroleum inventories decreased by 11.9 million barrels last week.

  8. Products Supplied: Total products supplied over the last four-week period averaged 20.2 million barrels a day, down by 0.9% from the same period last year. Motor gasoline product supplied averaged 8.5 million barrels a day, down by 3.1% from the same period last year. Distillate fuel product supplied averaged 4.0 million barrels a day over the past four weeks, down by 5.1% from the same period last year.

These reports not only reflect the current state of the U.S. petroleum industry but also have a significant impact on global oil markets. The dynamics of supply, production, and consumption outlined in the report play a crucial role in determining the direction of oil prices. This data helps traders, investors, and policymakers make informed decisions in an ever-evolving energy landscape.

Source: https://ir.eia.gov/wpsr/wpsrsummary.pdf


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39 pips potential profit in 118 seconds on 17 October 2023, analysis on futures forex fx news trading USDCAD on Canada Consumer Price Index (CPI) data

According to our analysis USDCAD moved 39 pips on Canada Consumer Price Index (CPI) data on 17 October 2023.

USDCAD (39 pips)

Charts are exported from JForex (Dukascopy).


In September 2023, Canada's Consumer Price Index (CPI) displayed a year-over-year increase of 3.8%, indicating a slight deceleration from the 4.0% gain observed in the previous month of August. This deceleration was influenced by lower prices in several key areas, including travel-related services, durable goods, and groceries.

Despite this moderation, there was an exception to the overall trend: gasoline prices. Gasoline prices accelerated their year-over-year increase in September, with a significant rise of 7.5%. This increase can be attributed to a base-year effect and a notable contrast to the previous month's modest gain of 0.8%.

As Canadian inflation showed signs of moderation, the USD/CAD exchange rate responded with a 39-pip rally. The pair, which represents the value of the US dollar against the Canadian dollar, gained momentum in response to the inflation data.

The 39-pip move in the USD/CAD exchange rate indicated a strengthening of the US dollar against the Canadian dollar. While Canada's inflation rate decelerated, the US dollar saw increased demand, likely influenced by shifting investor sentiment and economic data.

On a monthly basis, the CPI saw a 0.1% decrease in September, compared to a 0.4% gain in August. This monthly decrease was mainly driven by a significant drop in gasoline prices by 1.3% in September.

Grocery prices, while continuing to experience a deceleration in their price growth, remained elevated. In September, they increased by 5.8% year over year, following a 6.9% increase in August. The slowdown was mainly due to the base-year effects, as large monthly increases in grocery prices in September 2022 were no longer a part of the 12-month movements.

Some food products experienced a deceleration in price growth, including meat and dairy products, primarily due to base-year effects. However, fresh fruit, fish, bakery products, and edible fats and oils saw an increase in their year-over-year price growth in September compared to August.

Air transportation costs, which were down by 21.1% year over year, highlighted the notable decline in consumer spending on travel. The decline in air transportation costs coincided with an increase in flights offered by airlines over the previous 12 months.

Furthermore, durable goods, such as furniture and household appliances, experienced a deceleration in their price growth, rising at a slower pace of 0.4% year over year in September, compared to the 1.4% increase in August. This slowdown in price growth was influenced by improvements in inventory levels compared to the previous year.

On the contrary, prices for non-durable goods experienced an acceleration in price growth, with several categories, including fresh fruit, fish, bakery products, and edible fats and oils, seeing notable increases in their year-over-year price growth.

This data reflects the evolving trends in Canadian inflation, highlighting how various factors, including base-year effects and consumer behaviors, have influenced the overall rate of price growth. Despite this moderation, many goods, particularly in the grocery sector, continue to see elevated prices, which can impact the cost of living for Canadian consumers.

The 39-pip rally in the USD/CAD exchange rate underscores how financial markets respond to economic data releases, and it can serve as an example of the intricate relationship between economic indicators and currency movements. Investors and traders closely monitor such data to make informed decisions in the foreign exchange market.

For more detailed insights and to explore the Canadian Consumer Price Index, you can access the official data on the Statistics Canada website. Additionally, stay updated on the latest developments in the USD/CAD exchange rate for a deeper understanding of the currency market dynamics.

Source: https://www150.statcan.gc.ca/n1/daily-quotidien/231017/dq231017a-eng.htm


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13 pips potential profit in 56 seconds on 17 October 2023, analysis on futures forex fx news trading USDJPY and EURUSD on US Retail Sales data

According to our analysis USDJPY and EURUSD moved 13 pips on US Retail Sales data on 17 October 2023.

USDJPY (10 pips)

EURUSD (3 pips)

Charts are exported from JForex (Dukascopy).


Summary of U.S. Retail and Food Services Sales - September 2023

The advance estimates of U.S. retail and food services sales for September 2023 reveal significant insights into the nation's economic activity:

  • Total Sales: Adjusted for seasonal variations, as well as holiday and trading-day differences, total sales for September 2023 reached approximately $704.9 billion. This represents a notable increase of 0.7 percent from the previous month.

  • Year-on-Year Growth: Comparing September 2023 to the same month in 2022, total sales demonstrated substantial growth, showing an increase of 3.8 percent.

  • Quarterly Performance: Analyzing the July 2023 through September 2023 period in comparison to the same period a year earlier, sales exhibited a solid rise of 3.1 percent.

  • August 2023 Revision: The percent change between July 2023 and August 2023 was revised from an initial estimate of 0.6 percent to an upwardly adjusted figure of 0.8 percent.

  • Retail Trade: Retail trade sales in September 2023 increased by 0.7 percent compared to August 2023. Furthermore, retail trade sales saw a positive growth of 3.0 percent in comparison to September 2022.

  • Key Contributors: Nonstore retailers experienced substantial year-on-year growth of 8.4 percent, while food services and drinking places also demonstrated a notable increase of 9.2 percent when compared to September 2022.

These figures provide a snapshot of consumer activity, indicating positive trends in retail and food services sales. The data underscores the resilience and growth of the U.S. economy during this period.

Source: https://www.census.gov/retail/sales.html


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Start futures forex fx news trading with Haawks G4A low latency machine-readable data today, the fastest news data feed for US economic and commodity data.

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15 pips and 37 points potential profit in 7 seconds on 13 October 2023, analysis on futures forex fx low latency news trading EURUSD, USDJPY and US30 on University Michigan Consumer Sentiment

According to our analysis EURUSD, USDJPY and US30 moved 15 pips and 37 points on University Michigan Consumer Sentiment / Inflation Expectations data on 13 October 2023.

USDJPY (7 pips)

EURUSD (8 pips)

US30 (37 points)

Charts are exported from JForex (Dukascopy).


Summary of Preliminary Consumer Sentiment Results - October 2023

The preliminary results for October 2023's Consumer Sentiment Index and related economic indicators provide insights into consumer sentiment, economic conditions, and expectations. Here are the key highlights:

Consumer Sentiment Decline:

  • The Index of Consumer Sentiment experienced a notable 7.5% decline in October compared to September, marking a reversal from two months of relatively little change.

  • Assessments of personal finances decreased by about 15%, primarily due to growing concerns over inflation.

  • One-year expected business conditions plunged by approximately 19%.

Outlook on Long-Run Business Conditions:

  • While short-term expectations worsened, long-run expected business conditions remained relatively stable, suggesting that consumers believe the current economic challenges are temporary.

Demographic Impact:

  • Consumer sentiment setbacks were observed across nearly all demographic groups, reflecting the ongoing impact of rising prices and economic uncertainty.

Inflation Expectations:

  • Year-ahead inflation expectations rose from 3.2% in the previous month to 3.8% in October, reaching the highest level since May 2023.

  • Long-run inflation expectations increased from 2.8% to 3.0% during the same period, remaining elevated compared to the pre-pandemic range.

These results highlight the ongoing influence of inflation and economic conditions on consumer sentiment. While short-term confidence has waned, the stability of long-run expectations suggests a belief among consumers that current economic challenges will not persist indefinitely.

The upcoming final data release in October will provide a more comprehensive view of consumer sentiment trends, offering valuable insights for policymakers and economists.

Source: http://www.sca.isr.umich.edu


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154 pips potential profit in 96 seconds on 13 October 2023, analysis on futures forex fx news trading EURSEK first on Sweden Consumer Price Index (CPI) data

According to our analysis EURSEK moved 154 pips on Sweden Consumer Price Index (CPI) data on 13 October 2023.

EURSEK (154 pips)

Charts are exported from JForex (Dukascopy).


Summary of CPI Report - September 2023

In September 2023, Sweden experienced a notable shift in its Consumer Price Index (CPI) and Consumer Price Index with a fixed interest rate (CPIF) data. Here are the key takeaways from the report:

  1. Inflation Rate Drop: The inflation rate, as per CPI, stood at 6.5 percent in September, a noticeable decline from the 7.5 percent recorded in August. This decrease reflects a potentially more stable pricing environment.

  2. Monthly Increase: On a month-to-month basis, the CPI rose by 0.5 percent, with rising prices in various categories contributing to this upturn.

  3. CPIF Figure: The CPIF, which eliminates the direct effects of monetary policy changes, posted a 12-month inflation rate of 4.0 percent in September, indicating a more stable rate compared to CPI.

  4. Electricity Price Impact: One of the significant factors influencing inflation was a substantial 45.3 percent decrease in electricity prices compared to the previous year, negatively affecting the inflation rate.

  5. Price Shifts: Several sectors experienced notable price changes. Notably, clothing prices increased by 4.9 percent, aligning with seasonal trends. Additionally, interest expenses for household mortgages, furniture, fuel, and recreation and culture contributed to the overall rise in prices.

  6. Annual Variations: The report emphasized that annual changes played a crucial role in Sweden's inflation. Higher interest expenses on household mortgages, increased prices in various consumer goods and services, and positive contributions from the food and non-alcoholic beverages sector all played a role.

  7. Measures of Inflation: The report highlighted various measures of inflation, including the CPIF, which aligns with the Riksbank's inflation target, and the Harmonized Index of Consumer Prices (HICP), used within the EU for international comparisons.

This CPI report for September 2023 provides a snapshot of Sweden's evolving inflation landscape. The reduction in the inflation rate indicates potential stability, offering insights for both consumers and policymakers to navigate the economic climate.

Source: https://www.scb.se/en/finding-statistics/statistics-by-subject-area/prices-and-consumption/consumer-price-index/consumer-price-index-cpi/pong/statistical-news/consumer-price-index-cpi-september-2023/


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84 ticks potential profit on 12 October 2023, analysis on trading soybeans futures on USDA WASDE data

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84 ticks potential profit on 12 October 2023, analysis on trading soybeans futures on USDA WASDE data

According to our analysis soybeans (ZS) futures prices moved around 84 ticks on USDA WASDE (World Agricultural Supply and Demand Estimates) data on 12 October 2023.

Soybeans (84 ticks)

Charts are exported from JForex (Dukascopy).


World Agricultural Supply and Demand Estimates (WASDE) - October 2023

WHEAT: The WASDE report for October 2023 provides insights into the U.S. wheat outlook for the 2023/24 season. It anticipates increased supplies, higher domestic use, unchanged exports, and elevated ending stocks. Key points include higher production, primarily based on data from the NASS Small Grains Annual Summary. Domestic use has risen, specifically in feed and residual use. Despite unchanged exports at 700 million bushels, ending stocks have surged, impacting the season-average farm price.

COARSE GRAINS: The report outlines a U.S. corn outlook for 2023/24 characterized by reduced supplies, lower feed and residual use, exports, and smaller ending stocks. Corn production and supply estimates are down due to lower yields and beginning stocks. Exports have also decreased, primarily due to a drop in early-season demand. Consequently, corn ending stocks for 2023/24 have fallen. The season-average corn price received by producers increased, reflecting these changes. Globally, coarse grain production is reduced, but foreign production, trade, and stocks see marginal increases.

OILSEEDS: The report forecasts reduced U.S. oilseed production for 2023/24, primarily affecting soybeans, cottonseed, peanuts, rapeseed, and sunflower seeds. Soybean production has decreased due to lower yields, affecting supplies and exports, with soybean meal and oil prices remaining unchanged. Foreign oilseed production has also been lowered, with notable reductions in soybean and peanut output in India and canola production in Canada.

COTTON: The 2023/24 U.S. cotton supply and demand estimates indicate lower production, exports, and ending stocks. Reduced yields in Texas are the main reason for the decrease in production, and ending stocks have been cut by 200,000 bales. Despite these changes, the season-average price for upland cotton is projected to remain stable. The global cotton balance sheet sees a significant reduction in beginning stocks due to accounting changes for Brazil. Additional production changes include increases in crop estimates for Brazil, Argentina, and Tanzania, offset by reductions in the United States, Australia, and Greece. Overall, global cotton consumption and trade remain relatively unchanged.

The WASDE report provides crucial insights into the agricultural supply and demand dynamics, enabling stakeholders to make informed decisions in the ever-evolving global market.

Source: https://www.usda.gov/oce/commodity/wasde


Haawks G4A is the fastest machine-readable data feed for USDA data. We are beating big names in the industry by seconds. Coverage includes monthly USDA WASDE (World Agricultural Supply and Demand Estimates), quarterly USDA Grain Stocks and yearly USDA Prospective Plantings and USDA Acreage.

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67 ticks potential profit in 60 seconds on 12 October 2023, analysis on futures forex fx news trading natural gas on DOE Natural Gas Storage Report data

According to our analysis natural gas moved 67 ticks on DOE Natural Gas Storage Report data on 12 October 2023.

Natural gas (67 ticks)

Charts are exported from JForex (Dukascopy).


In the Weekly Natural Gas Storage Report for the week ending October 6, 2023, it was revealed that working gas in underground storage in the Lower 48 states stood at 3,529 billion cubic feet (Bcf). This marked an increase of 84 Bcf from the previous week. Furthermore, current storage levels were 316 Bcf higher than the same period in the previous year and 163 Bcf above the five-year average of 3,366 Bcf. Despite these fluctuations, the total working gas volume of 3,529 Bcf remains within the historical five-year range. This report offers essential insights into the natural gas storage landscape, aiding in the assessment of trends and comparisons with historical data.

Source: https://ir.eia.gov/ngs/ngs.html


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