US Fed holds interest rates steady as expected
The Federal Reserve held interest rates steady today, as expected, but US central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage point by the end…
The Federal Reserve held interest rates steady today, as expected, but US central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage point by the end…
Car maker Stellantis, whose brands include Fiat, Jeep and Peugeot, is on track to appoint a new chief executive in the first half of the year, Chairman John Elkann said…
95% of Chief Information Officers (CIOs) are investing in technology to create new revenue streams within the next 12 months, new data shows. Global technology service provider Logicalis surveyed 1,000…
An Bord Pleanála has granted planning permission to Shannon LNG Limited to construct five kilometres of 220 kilovolt underground cables, and fibre optic cables, which would connect its power plant…
US President Donald Trump will host top oil executives at the White House today as he charts plans to boost domestic energy production in the midst of falling crude prices…
Bankrupt drugmaker Purdue Pharma has filed a new bankruptcy plan, a major step towards finalising a proposed opioid settlement of at least $7.4 billion after a setback in the US…
Cotton futures were lower on Wednesday, with contracts down 4 to 12 points in the nearbys at the close. Crude oil futures were back up $0.29/barrel, with the US dollar index up…
The dollar index (DXY00) Wednesday rose by +0.25%. The dollar rose moderately on Wednesday after the FOMC kept interest rates unchanged as expected. The dollar also found support after the…
May ICE NY cocoa (CCK25) Wednesday closed up +100 (+1.25%), and May ICE London cocoa #7 (CAK25) closed up +62 (+1.00%).Cocoa prices Wednesday settled moderately higher on short-covering due to…
May arabica coffee (KCK25) Wednesday closed up +7.25 (+1.89%), and May ICE robusta coffee (RMK25) closed up +58 (+1.06%).Coffee prices on Wednesday posted moderate gains due to dry conditions in…
Cotton futures are weaker again at Wednesday’s midday, with contracts down 15 to 29 points. Crude oil futures are back up $0.46/barrel, with the US dollar index up $0.513 on the day.…
Lean hog futures were weaker on Wednesday with contracts down 85 cents to $2.02 at the close. The USDA national average base hog negotiated price was reported at $91.02 on Wednesday…