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| New Study Finds Global Construction Predicted to Explode in Growth Through 2025 |
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| Global Construction Perspectives has once again paired with Oxford Economics to conduct a study concerning the volume of growth in the construction output worldwide. The new report released by the pair finds that global construction output is expected to increased by upwards of 70% by 2025, with $15 trillion in earnings. "World construction markets are at a tipping point already with 52% of all construction activity in emerging markets today. We expect to see this increasing to 63% by 2025, with China and India contributing most to growth in emerging markets," explains Global Construction Perspectives's Executive Director, Graham Robinson. ...Click here to read the rest of this article.
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| Futures & Options: "Option Expiration" |
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| Contract | Close | Change | Volume | Open Int | | | JUL13 | 297.60 | - 500 | 300 | 1566 | | | SEP13 | 299.00 | - 450 | 386 | 4257 | | | NOV13 | 299.00 | - 390 | 26 | 696 | | | JAN14 | 311.00 | - 300 | ---- | 43 | | | MAR14 | 321.50 | - 380 | ---- | 14 | | | MAY14 | 321.40 | - 380 | ---- | 5 | | | JUL14 | 333.20 | - 380 | ---- | 2 | | |
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| Mixed selling and Option expiration closed Lumber futures lower. July options expired today with nearly 75 possible in-the-money Puts between the $295.00 and $300.00 strikes. Prices were fairly flat in the overnight market and then moved either side of unchanged in light narrow range early trade. However, pressure accumulated from end of the week, month and quarter positioning evening centered on outright long liquidation and position rolling selling July buying September as well as slow cash trade. ...Click here to read the rest of this article. |
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