Articles by Mexico
Pre-Opening Corn Market Report for 9/5/2012
September 05 2012 10:33 AM EDT
December corn continues to hover near 800 as bulls argue the corn crop is smaller than the August USDA report and bears point toward signs of demand rationing, specifically in the export sector. A surging soybean market has provided underlying support to corn but gains have been limited as traders take profits on rallies. Worse than expected yield reports from the country continue to give corn a positive tilt but the market is beginning to focus its attention on next week's USDA report. Calen...
Pre-Opening Soy Complex Market Report 9/05
September 05 2012 10:32 AM EDT
November soybeans are trading 5 cents lower near 7:30 am cst after recording a new record high at 1789 yesterday. Soybean meal and oil are trading slightly lower as well. Malaysian Palm Oil prices dropped to a 1-week low overnight on trader expectations of rising inventories. There were no soybean or soybean meal deliveries overnight but 1,260 contracts of soybean oil were delivered. Asian equity markets posted sizable losses during overnight trading, with the Nikkei down 1.09% and the Shanghai ...
Pre-Market Movers (Pluristem, Facebook, ARM Holdings, BP plc, Netflix, Nokia, Francesca's, Alcatel, Capital One, Lennar)
September 05 2012 6:27 AM EDT
Pluristem Therapeutics, Facebook Inc, ARM Holdings Plc, Francesca's Holdings Corp, BP Plc, Nokia Corp, Alcatel Lucent SA, Capital One Financial Corp, Netflix and Lennar Corp. are among the companies whose shares are moving in pre-market trading Wednesday.
Democrats Introduce A New Face: Julian Castro
September 04 2012 10:37 PM EDT
San Antonio Mayor Julian Castro presented a fresh, youthful, smiling face for Democrats at the opening night of their convention Tuesday -- while hurling stinging attacks on the Republicans and their nominee.
Lufthansa Strike To Continue, Escalate Friday
September 04 2012 5:15 PM EDT
The Lufthansa strike was far from over when cabin crew returned to work Tuesday. Far from it, the UFO union said late Tuesday it would up the stakes by initiating a 24-hour strike throughout Germany this Friday.
Is Santander's Mexican IPO The Death Of 'Goose' That Lays Golden Eggs?
September 04 2012 2:32 PM EDT
Banco Santander's announcement that it would be spinning off nearly one quarter of its Mexican unit in an initial public offering later this month was greeted by the markets as a seemingly win-win-win proposition. But the move by the large Spanish bank only highlights the increased dependence Iberian banks have had on their overseas branches over the past few years and how, in an effort to now package off those units and sell them, they could be killing the hen that's been laying the golde...
DNC Puts Spotlight On How North Carolina Is A New Battleground
September 04 2012 1:03 PM EDT
The fact that the Democrats are preparing to convene in North Carolina highlights how shifting demographics are changing America's electoral map.
'Unrevealed Secrets' About UFOs To Be Described By Ex-Military During Lecture
September 02 2012 7:52 PM EDT
Former military officials -- including two who were associated with the U.S. Air Force's Project Blue Book -- will speak during a Sept. 22 lecture in Las Vegas. They promise to delve into some of the previously unknown information the military has about UFOs.
Weekly Fundamentals - Bernanke Sent Signals of Unconventional Easing
September 02 2012 2:47 PM EDT
Financial markets soared on Friday after Fed Chairman Ben Bernanke's speech in the Jackson Hole Symposium. Although the Chairman did not state whether QE3 will be announced in September, his speech was dovish enough to indicate that further easing would be implemented later in the year. Throughout the week, strength in crude oil prices reduced. Indeed both WTI and Brent crude retreated after previous rallies. Impacts of Hurricane Isaac on oil facilities in the Gulf of Mexico were limited whil...
Storm Isaac Departs Gulf Coast, Leaving Trail Of Destruction [PHOTOS]
September 01 2012 2:51 PM EDT
Gulf Coast residents are spending Labor Day weekend cleaning up the mess left behind by Hurricane Isaac, which pushed north on Friday into the central U.S. after leaving entire water-logged neighborhoods without lights, air conditioning or clean water.
Feds Won't Prosecute Phoenix Sheriff Joe Arpaio On Abuse Of Power
September 01 2012 2:16 PM EDT
Federal prosecutors have closed a probe into America's self-proclaimed toughest sheriff -- Joe Arpaio of Maricopa County, Ariz. -- on abuse of power with no charges filed.
Hurricane Isaac, Venezuelan Oil Refinery Explosion Could Send Oil Prices Up
August 31 2012 11:25 PM EDT
The Hurricane Isaac-related shutdown of at least four U.S. oil refineries and an explosion at a major refinery in Venezuela -- the fourth-largest provider of oil to the U.S. -- could lead to oil prices rising as supply falls.
Grain Report - Review August 31, 2012
August 31 2012 5:16 PM EDT
First things first, markets are closed Monday for celebration of our Labor Day holiday. On the demand side our weekly export sales report came out Thursday at 7:30 AM central time, telling us how much of each grain was sold for future shipment. Wheat sales were 508,000 metric tons up 8% from the week prior and 1% over a neutral four week average. Buyers were drought stricken Mexico with Taiwan and South Korea probably in buying feed quality wheat. We need 700,000 metric tons or more weekly to be...
A Decade Too Late, Al Gore Calls For End To US Electoral College
August 31 2012 2:54 PM EDT
In one of the less surprising developments of the week, it turns out Al Gore is not a big fan of the U.S. electoral college.
Mexican Court Throws Out Vote-Rigging Case, Pena Nieto Will Step Into Office
August 31 2012 1:21 PM EDT
Mexican President-elect Enrique Pena Nieto successfully fights off the last challenge from his defeated opponent, Andres Manuel Lopez Obrador. Protests continue, but won't affect the outcome.
Pre-Opening Corn Market Report for 8/31/2012
August 31 2012 10:54 AM EDT
December corn is trading 1 3/4 cents lower near 7:30 am CST. There were no September corn deliveries overnight. Profit taking was noted ahead of the holiday weekend and the Federal Reserve Chairman's speech in Jackson Hole, WY today. Dalian corn traded higher overnight. The US Dollar is trading sharply lower to start the day and US Stocks are set to open higher. Pressure in the corn market was also linked to a weaker corn market after Russian officials announced no plans to ban wheat exports....
Pre-Opening Soy Complex Market Report 8/31
August 31 2012 10:54 AM EDT
November soybeans are trading 5 cents lower near 7:30 am cst. September soybean meal and oil are lower as well. Malaysian Palm Oil prices dropped overnight after traders expect palm stocks in Malaysia to rise near 2.3 million tonnes. There were no soybean or soybean meal deliveries overnight but 1,676 contracts of soybean oil were delivered. Chinese equity markets were lower again overnight off of bad earnings and fears towards the upcoming PMI report that is scheduled for release over the weeke...
Nat Gas prices about unchanged as damage assessment is underway
August 31 2012 10:50 AM EDT
As Isaac moves north market participants once again begin to primarily focus on Mr. Bernanke's Jackson Hole speech this morning ahead of the long holiday weekend in the US. The way the markets traded yesterday I would have said that many players were starting to come to the realization that Mr. Bernanke is not going to announce a new round of quantitative easing. However, overnight the markets started gaining upside momentum and a major portion of yesterday's losses in the equity and oil m...
The Energy Report
August 31 2012 9:40 AM EDT
Ben Bernanke Jackson Hole speech may overshadow news coming from the aftermath Hurricane Isaac yet it is in Russia's it is America's new shale gas revolution that is shaking things up.
Brent edges up ahead of Bernanke speech, set for 2nd monthly gain
August 31 2012 4:34 AM EDT
Brent crude futures climbed above $112 per barrel on Friday, on track for a second monthly gain as investors awaited a speech by U.S. Federal Reserve Chairman Ben Bernanke for hints of more monetary easing that could stoke oil demand.