Markets


OPEC Net Oil Revenues in 2016 Were the Lowest Since 2004 OPEC Net Oil Revenues in 2016 Were the Lowest Since 2004
- May 21, 2017

OPEC rhetoric will continue to be monitored closely ahead of Thursday's meeting and oil prices will be very vulnerable if there is evidence of discord between members. If you have any questions or would like to discuss the markets further, please feel free to contact me at 800-367-7290 ordhussey@rjofutures.com. "If you do get prices in the mid-to-upper $50s all that's going to do is encourage a lot of production in the US", said Nauman Barakat, head of the energy desk at ADM Investor Services ... (more...)
Controversy trailing him, Trump heads for Israeli-Palestinian talks Controversy trailing him, Trump heads for Israeli-Palestinian talks
- May 21, 2017

They also came hot on the heels of a recent spat swirling around Trump's planned visit to the Wailing Wall during his upcoming trip to Israel. "We were not elected to keep chairs warm", Shaked was quoted as saying, "but rather to implement clear policy, ensure that no Palestinian state is established, and ensure that the [U.S.] embassy is moved [to Jerusalem]". (more...)
Gervonta Davis retains IBF super-featherweight title by stopping Liam Walsh Gervonta Davis retains IBF super-featherweight title by stopping Liam Walsh
- May 21, 2017

ET/3 p.m. PT on SHOWTIME. I used my boxing IQ and picked my shots. Walsh believes that, despite the hype, it is unclear just how good Davis is. Following Davis v Walsh, BoxNation will then turn its attention across the Atlantic where pound-for-pound star Terence Crawford takes on the slick Felix Diaz, exclusively live from Madison Square Garden. (more...)
Trump Sends Nafta Renegotiation Notice to Congress
- May 21, 2017

Agricultural groups overall are optimistic that " modernizing " NAFTA will result in a better deal for farmers and ranchers. We are ready.to work together with both the governments of the USA and Canada to make our trade agreement better. (more...)
Novavax, Inc. (NVAX) has a Market value of 308.05 Million
- May 21, 2017

Novavax reported sales of $2.51 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 131.5%. Shares outstanding are recorded as 261.60 M and total shares floated are 261.60 M. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . Corporate insiders own 3.50% of the company's stock. (more...)
USA military jets escort civilian plane into Honolulu airport USA military jets escort civilian plane into Honolulu airport
- May 21, 2017

American Airlines confirmed in a statement that law enforcement officers board American Airlines Flight 31 due to a "passenger disturbance". A few hours into that flight, passengers told the Honolulu Star-Advertiser, the man was successfully subdued by a flight attendant and passengers as he was trying to rush into the first-class, to approach the cabin. (more...)
Federal Bureau of Investigation probe moves into White House
- May 21, 2017

Deputy Attorney General Rod Rosenstein reportedly informed members of Congress of this on Friday, according to McClatchy. Earlier this week, he slammed the decision to appoint special counsel on Twitter and called the investigation "the single greatest witch hunt of a politician in American history". (more...)
Why Trump's combative trade stance makes US farmers nervous
- May 21, 2017

Recently the Trump administration announced a mini-deal with China on trade - the first fruits of a larger effort to renegotiate the U.S. The senators noted that NAFTA has led to "tremendous growth" in US trade with Mexico and Canada, and that it has "integrated cross-border supply chains that benefit USA employers, and more than tripled USA exports of goods , including agricultural and manufactured goods, and services". (more...)
Unemployment rate drops 0.1% in April
- May 21, 2017

The numbers were similar in Sarasota County: A jobless rate of 3.7 percent in April, down from 4.0 percent a month earlier and 4.4 percent a year ago. Other Wiregrass counties had significant dips in unemployment in April, including Henry (5 percent), Geneva (4.2 percent), Dale (4.5 percent) and Coffee (4.6 percent). (more...)
French researchers claim cure for WannaCry-infected computers
- May 21, 2017

A day after the WannaCry ransomware cyber attack seemed to be slowing down, media reports have suggested that IT firms in the Silicon Valley of India, Bangalore, have been put on high alert. China is preparing to enforce a wide-reaching cyber security law that USA business groups say will threaten the operations of foreign firms in the country with strict local data storage laws and stringent surveillance requirements. (more...)
Average Brokerage Rating Of Wal-Mart Stores, Inc. (WMT), Calpine Corporation (CPN)
- May 21, 2017

Walmart reported fiscal first-quarter earnings today that showed a huge spike in e-commerce sales as it slightly beat analyst expectations on the bottom line and slightly missed on revenue. One of the most exciting parts of Wal-Mart's report was its same store sales in the USA climbing 1.4%. The company traded as high as $77.23 and last traded at $77.31, with a volume of 11,335,309 shares traded. (more...)
Sweden drops Assange investigation Sweden drops Assange investigation
- May 21, 2017

Police officers stand outside the Embassy of Ecuador in London to arrest Julian Assange for breaching his bail if he leaves Ecuador, May 19, 2017 . Assange, 45, took refuge in Ecuador's embassy in London in 2012 to escape extradition to Sweden to answer questions about sex-crime allegations from two women. (more...)
Florida woman awarded $100K after being burned by Starbucks coffee Florida woman awarded $100K after being burned by Starbucks coffee
- May 21, 2017

In the United States, the woman sued for compensation of 100 thousand dollars after burned by hot coffee in Starbucks, reports USA Today. In the Starbucks case, the lawsuit claimed a Starbucks employee contributed to a customer being injured after a 190-degree Venti spilled on the lap of a Jacksonville, Fla., woman and severely burned her. (more...)
Korea reports on South's presidential election
- May 21, 2017

Moon has said he would "go to Pyongyang if conditions are met" during his inaugural address, and had proposed the reopening of a jointly operated factory park in the right circumstances. South Korea's Ministry of Foreign Affairs is treating the remarks over the phone as instructions and has started preparing for deliberations with the United States to schedule the summit. (more...)
Oil rises 2% after Saudi and Russian Federation back longer supply cut
- May 21, 2017

Brent crude, the global benchmark, had risen $1.50 to $52.34 a barrel by 1152 GMT and traded intraday at $52.52, the highest since April 24. The ministers will consult with other oil-producing countries with "the goal of reaching full consensus on the 9-month extension" they are seeking, the statement said . (more...)
President Trump slams special counsel appointment in Russian Federation investigation as 'witch hunt'
- May 21, 2017

Asked if he urged Mr Comey at a February meeting to drop his probe of the Russian Federation connections of Mr Trump's national security adviser, Michael Flynn, the president said: "No. Rosenstein named Mueller, 72, who was FBI director during the 9/11 attacks, to the position Wednesday amid the fallout from Trump's firing of FBI Director James Comey last week. (more...)
Merkel given big boost by voters in final pre-election test
- May 21, 2017

The shock result comes four months before the German federal election, with polls showing the Social Democrats trailing CDU by up to 10 points after drawing level earlier this year. "Dear friends. Today is a good day for North Rhine-Westphalia". Yesterday's result could now pave the way for the state's first ever coalition between the CDU and the SPD under the 56-year-old Laschet. (more...)
Over 100 tons of Nathan's and Curtis hot dogs recalled nationwide Over 100 tons of Nathan's and Curtis hot dogs recalled nationwide
- May 20, 2017

The Nathan's brand affected is a 14-ounce sealed package with a use-by date of August 19, 2017. The items were shipped to retail locations nationwide. "296" listed on the side of the packaging. The Curtis brand is in a 16-ounce package with a use-by date of June 15, 2017. Instead, they should be discarded or returned to the original place of purchase. (more...)
Leo Varadkar set to succeed Enda Kenny as new Irish PM Leo Varadkar set to succeed Enda Kenny as new Irish PM
- May 20, 2017

Scroll back up and vote for who you would like to see as the next Fine Gael leader. UPDATE 4.10pm: Housing Minister Simon Coveney has made a decision to defy calls to withdraw from the Fine Gael leadership race, writes Daniel McConnell of the Irish Examiner . (more...)
President Trump told Russians Comey is 'a real nut job'
- May 20, 2017

Yashar Ali , a contributor to NY magazine said on Twitter: "It's Jared Kushner". The White House is reported to be looking into means to hamper the investigation of Robert Mueller into its possible criminal collusion with Russian Federation during last year's election. (more...)

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