Stocks Rally as Fed Cuts Interest Rates and Boosts Liquidity
The S&P 500 Index ($SPX) (SPY) on Wednesday closed up by +0.67%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +1.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.42%. …
Wheat Falls Lower on Wednesday
Wheat posted Wednesday weakness, as futures saw a delayed response to USDA’s added world production from Tuesday. Chicago SRW futures poste losses of a nickel in the front months on…
Corn Pulls Back on Wednesday
Corn futures gave back some of the Tuesday gains, with contracts own 3 to 4 cents on Wednesday, as soon to expire December was down 6 cents. The CmdtyView national…
Cocoa Prices Soar as the Global Supply Outlook Tightens
March ICE NY cocoa (CCH26) on Wednesday closed up +339 (+5.76%), and March ICE London cocoa #7 (CAH26) closed up +239 (+5.62%).Cocoa prices soared on Wednesday, hitting 1-month highs. Cocoa…
Arabica Coffee Finds Support on Reduced Brazil Coffee Exports
March arabica coffee (KCH26) on Wednesday closed up +3.55 (+0.96%), and January ICE robusta coffee (RMF26) closed down -7 (-0.17%).Coffee prices on Wednesday settled mixed. Arabica coffee found support on…
Trump launches $1m ‘gold card’ immigration visas
Osmond ChiaBusiness reporterPresident Donald Trump has launched a scheme offering fast-tracked US visas to wealthy foreigners who can pay at least $1m (£750,000).The card will give buyers a "direct path…
