3.17.11 Futures Review

Economic Data

CPI

CPI - M/M change	0.4 %	0.4 %	0.3 % to 0.5 %	0.5 %
CPI - Y/Y change				2.2 %
CPI less food & energy	0.2 %	0.1 %	0.1 % to 0.2 %	0.2 %
CPI less food & energy - Y/Y change				1.1 %

Weekly Unemployment Claims Dept of Labor Release

New Claims - Level	Prev 397 K	Rev 401 K	Est 385 K	Range 380 K to 395 K	Act  385 K
4-week Moving Average - Level	392.25 K	393.25 K			386.25 K

Capacity Utilization/Industrial Production 

Production - M/M change	Prev -0.1 %	Rev 0.3 %	Est  0.6 %	Range  0.5 % to 0.9 %	Act -0.1 %
Capacity Utilization Rate - Level	76.1 %	76.4 %	76.5 %	76.3 % to 76.8 %	76.3 %

Leading Economic Indicators  Leading Indicators - M/M change

Prev 0.1 %

Est 1.0 %

Range 0.3 % to 1.2 %

Act 0.8 %

 Philly FED Survey     

      

General Business Conditions Index - Level

Prev 35.9

Est  32.0

Range 24.0  to 38.0

Act 43.4

EIA Natural Gas Storage Report  Nat Gas Storage report

Weekly Change (in BCFs)   Prev -71   Est -40   Act -56

Grains +4.82%         

W +7.48% O +6.35% Canola +5.56% C+4.87% RR +3.92% SM +3.83% S +3.50% BO +3.02%

AP News Grain Comment

Bloomberg.com Grain Commentl

Energies +3.84% 

NG +5.56% Ethanol +4.44% RB +3.74% CL +3.63% HO+2.21%

WSJ Energy Comment

Softs +2.34%

CT +3.78% SB +3.44% LB +3.24% KC +2.09% CC +2.08%    OJ -0.42%

Cotton closed up the daily limit snapping a 3-day losing streak. Cotton prices have closed lower 6 out of the last 8 sessions

Metals +0.85%

HG +3.51% PA +0.70% GC +0.64% PL +0.10% SI -0.14%

Bloomberg.com Metals Report

Indices +0.70%

ES +1.30% Mini DOW +1.19%         NQ +0.85% Russell 2K +0.65%        Mini Midcap +0.56%    

AP Equity NewsStory            

Currencies +0.47%

JY +1.31% SF +1.00% EC +0.84%  BP +0.73% $CD +0.49%  MP +0.28% AD -0.21%      USD Index -0.89%

Financials -0.20%

ED +0.01% TU -0.04% FV -0.15% TY -0.23% US -0.41%

Interest rates rose on the back of stronger-than-expected  economic reading and a  rebound in global equity indices.