National Futures and Financial Weekly

Financial Commentary

Copyright 1997 by Consensus, Inc.
December 12, 1997 * * 1737 McGee, Kansas City, Mo. 64108 U.S.A. * * Full Edition

Recent Issues   Subscriber Index    December 5    November 28    November 21    November 14    November 07

  • THE ALLENDALE ADVISORY REPORT
    Prepared by Allendale, Inc.
    Commodity Wrap-Up For December 5, 1997

  • THE SPECULATOR
    Prepared by Berkeley Futures, Ltd.

  • COMMODITY FUTURES FORECAST WEEKLY REPORT
    Prepared by Commodity Futures Forecast
    Silver And Gold Diverge

  • ASIA
    Prepared byCommodity Review And Outlook

  • FRIEDBERG'S COMMODITY AND CURRENCY COMMENTS
    Prepared by Friedberg Mercantile Group

  • WHERE HAVE ALL THE PROFITS GONE?
    Prepared by Hales Cattle Letter

  • LATEST COMMITMENT OF TRADERS ANALYSIS–CURRENCY CONTRACTS
    Prepared by Jack McIntyre
    Strategy
    Buy OTM January call options on the March 1998 yen contract. This is a high-risk, highly-leveraged trade. However, the risk is defined and the upside is significant given the way the FX market is currently positioned in the yen contract (or $/yen).

  • MYERS ON FUTURES
    Prepared by Steven R. Myers
    Bond Bull Move Update

  • NIKKO MARKET COMMENTS #1
    Prepared by The Nikko Securities Co. International, Inc.
    Turn, Turn, Turn
    Withering Of The Japan Premium
    Asian Slowdown: Small Problem, Big Problem,
    Small Problem, Etc.
    Monthly Employment Growth Summary
    A Slowdown? No, A Stunningly Strong Employment Report
    Outlook For the Next Week Ended: December 12th

  • NIKKO MARKET COMMENTS #2
    Prepared by The Nikko Securities Co. International, Inc.
    Economic News

  • WAITING FOR THE ASIAN TSUNAMI
    Prepared by The Northern Trust Company

  • INTEREST RATE WATCH
    December 5, 1997 Prepared by R. J. O'Brien & Associates, Inc.
    Myth Versus Reality
    The credit market was taken completely by surprise this morning with the release of the Labor Department's Employment report. Non-farm payroll jumped by 404,000 jobs, more than double the gain of 200,000 that analysts had expected.

  • MONTHLY COMMODITY OVERVIEW
    Prepared by The Hightower Report

  • WEEKLY OUTLOOK
    December 8, 1997 Darrel Good, Extension Economist
    Cooperative Extension Service, USDA
    University of Illinois, Urbana, Illinois
    Soybean Price Correction–Now What?
    Soybean futures staged a rally in excess of $1.00 per bushel in the first half of October. Since then, prices have been volatile, but in a generally sideways pattern. January futures have traded from a low of $6.87 on October 30 to a high of $7.48 on November 11. This past week, January futures traded under $7.00 again, but appeared to find excellent support just above $6.90.

    Copyright 1997, by Consensus Inc.  All American and Pan American rights Reserved. editor@consensus-inc.com

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