Commodity

I take my cue from several e-mails I have received concerning some corn calendar spreads, especially ZCK23-ZCN23 and ZCN23-ZCZ23, to make an analysis. The calendar spreads on corn are going up, some

Natural gas has been the protagonist of 2022 with a sharp rise in price following the outbreak of war in Ukraine. Even though the price is now far from the highs reached…

On 9 September, I opened my own Instagram account. The first photo I posted was about a coffee spread, more precisely the Seasonality Stacked of the KCZ22-KCN23 spread, with an invitation to…

Soybean oil is one of the commodities most affected by the war in Ukraine. I have explained why in other analyses. Ukraine and Russia account for 80% of sunflower oil exports, which,…

The greatest stimulus to publish analyses comes from you who write to me. This time it is Fabio’s turn with one of the spreads in my book “Best seasonal spreads for 2022/2023”:…

The 2-year Treasury yield is now higher than the 10-year Treasury yield. This situation is not common; it has happened on only seven occasions since 1976 (in 46 years) and has always…