CHICAGO--(BUSINESS WIRE)--PFGBEST, one of the nation’s largest non-bank Futures Commission Merchants (FCMs), has updated its first-of-the-year annual Research Outlook to reflect changes and news events that occurred since January into their forecasts for the second half of 2011.
“Our analysts examine the actual manifestations of projections for slow U.S. economic growth, unemployment of 9%, and they consider the potential for reversals in a number of markets, from stocks to gold, now that the QE2 stimulus program has come to an end,” wrote PFGBEST President and Chief Operating Officer Russ Wasendorf, Jr. in his cover letter to clients.
PFGBEST Research analysts have written about these 10 markets: currencies, interest rates, institutional forex trading, stock indicies, precious metals, energy markets, grains, livestock, and soft commodities.
Some overarching themes they exposed or which remained in their scope:
1. The U.S. dollar could again take center stage and move higher as European debt concerns expand
2. Sustained commodity inflation although the fundamental and technical factors supporting such extreme price levels are subsiding at midyear
3. Likelihood of continued high volatility in commodities given historic high prices
4. Any additional round of easing by the Fed (QE3?) is not going to have much effect unless it is a surprise, but it could create a floor for interest rates
5. The impact of China’s burgeoning need for proteins, grains, and physical commodities overlaid on its struggle with a bloated real estate bubble and rising inflation there
Anyone can visit www.PFGBEST.com to register for their FREE, electronic version of the PFGBEST Research Outlook 2011 Midyear Update. PFGBEST Research analysts are available for interviews daily and their direct contact information is provided for anyone to utilize.
PFGBEST is a rapidly-expanding global financial services and technology firm, specializing in electronic trading, futures, forex, options, and managed accounts. The company is also a key source of investor education, and it offers numerous free webinars each week attended by hundreds of people wishing to further their knowledge and skills in trading, charting, comprehending various government reports, enriching their understanding of trading psychology, and many other topics.