The updated futures tick value list for copper contracts stands at $25 per tick, with LME inventories trending lower. Supply constraints are influencing forward contracts and industrial forecasts. In the last three years Enerpac Tool Group's earnings per share took off; so much so that it's a bit disingenuous to use these figures to try and deduce long term estimates. Thus, it makes sense to focus on more recent growth rates, instead. In previous twelve months, Enerpac Tool Group's EPS has risen from US$1.50 to US$1.63. That's a fair increase of 9.0%. When interest rates rise, U.S. Treasury futures prices fall. Futures tick value list reports lean hog contracts at $10 per tick, with seasonal demand patterns impacting Q4 price outlook. Hedgers maintain moderate net short positions in the livestock market.
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