Trading Venues

Stocks Supported as Crude Oil Prices Ease

The S&P 500 Index ($SPX) (SPY) is up by +0.09% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.52%. December E-mini S&P futures (ESZ26) are up +0.…

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Trading Venues

Wheat Falling Back on Tuesday

Wheat is trading with contracts down 8 to 12 cents across the three markets on Tuesday morning. The wheat complex posted strength on Monday, with all three exchanges higher as tens…

Trading Venues

Corn Starting Tuesday with Turnaround Losses

Corn price action is down 3 to 4 cents on Tuesday morning. Futures saw money flow flock back in on Monday, with bulls adding back some risk ahead of the US/China meeting this week.…

Foreign Exchange

Asia FX: AI-driven support for regional currencies – MUFG

MUFG’s Michael Wan notes that improved risk sentiment and AI optimism around Meta’s Muse supported a slightly stronger Dollar and stable DM yields. He argues that Asia FX and rates…

ETFs

Some Perspective on Inflation

Some economists and market participants view inflation as one of the most important economic indicators. Market participants spend a lot of time worrying about a lot of things, but…

Equities

Cattle Facing Turnaround Tuesday Pressure

Live cattle futures are slipping back on Tuesday, with contracts down $2.40 to $2.85 at midday. Cash trade has started out on the quieter side this week, with feedlots compiling sh…

Equities

Hogs Posting Tuesday Gains

Lean hog futures are trading with contracts $1.15 to $1.30 higher at midday. USDA’s national base hog price was $79.92 in the Tuesday morning PM report, down 55 cents from the day …

Equities

Dollar Climbs on Hawkish Fed President Collins

The dollar index (DXY00 ) climbed to a 7-week high today and is up by +0.10%. The dollar found support today on hawkish comments from Boston Fed President Susan Collins, who said s…