New crop corn is slow to get in the ground this year. That could mean higher prices, in my eyes.US corn planting is only at 4% according to this week’s crop progress report. This came in at the ...
The Eurozone debt crisis came back to the fore this week with the crisis in Cyprus sending waves of uncertainty across global markets, including commodities. Adding to the negative outlook for Europe ...
Politicians in Washington were able to avoid going off the fiscal cliff at the last moment. But in 2013, farmers are staring at a new cliff of their own. Expectations for record corn production in ...
USD/JPY backs away from ¥80 handle after Fin Min denies calls for ¥20T easingEconomic Data(AU) Australia Sept Conference Board Leading Index: -0.8% v 0.0% prior (first decline in 4 months)(SL)...
Spain again rumored to be preparing for aidEconomic Data(NZ) NEW ZEALAND Q3 CONSUMER PRICES Q/Q: 0.3% V 0.5%E; Y/Y: 0.8% V 1.0%E (lowest level since 1999 and first time below RBNZ 1-3% target ...
Economic Data(AU) AUSTRALIA OCT WESTPAC CONSUMER CONFIDENCE: 99.2 V 98.2 PRIOR; M/M: 1.0% V 1.6% PRIOR (2nd month of increase)(KR) SOUTH KOREA AUG MONEY SUPPLY L Y/Y: 9.2% V 9.0% PRIOR(KR) SOUTH KOREA...
BOK pledges more supportEconomic Data(AU) RESERVE BANK OF AUSTRALIA (RBA) CUTS CASH TARGET RATE 25BPS TO 3.25%; NOT EXPECTED(JP) JAPAN AUG LABOR CASH EARNINGS Y/Y: +0.2% V -1.0%E (first rise in four ...
Major Japanese firms shutter production in China amid continued tensions; China property sector slowdown eases tightening concernsEconomic Data(CN) CHINA AUG NEW HOME PRICES M/M: FELL IN 19 OF 70 ...
The dominating factor in Wednesday’s trading was the release of the Federal Reserve minutes. Based on interpretation of the minutes, the Fed is closer to pulling the easing trigger than might ...
The dominating factor in Wednesday’s trading was the release of the Federal Reserve minutes. Based on interpretation of the minutes, the Fed is closer to pulling the easing trigger than might ...
