(RTTNews) - European stocks are likely to open on a positive note Wednesday after Richmond Fed President Thomas Barkin suggested the U.S. central bank would lower interest rates if recent progress on inflation continued.
Front month lean hog futures ended the session with 50c to $1.02 losses on the Tuesday session. Feb is now at a $7 discount to the April contract. The National Average Base Hog price fell by $1.42 on Tuesday afternoon to $46.97. The CME Lean Hog Index was 56 cents...
Front month wheat futures rebounded some on Tuesday. The Chicago contract is now at a net 6 cent loss for the week. KC HRW futures led the way higher with 2% gains, leaving the March contract a net 1 ¼ cents in the red for the week. Spring wheat futures...
The soybean market ended the session 3c off the day’s low, on 13 to 17 ¾ cent losses. Soymeal prices led the way lower with 2% losses of as much as $9.60. Soybean Oil futures were the complex outlier with 9 to 10 point gains. USDA announced another large export...
Fat cattle futures fell by 12 to 85 cents across the front months on Tuesday. USDA reported minor cash action for Tuesday at $169, the bulk of cash trade last week was near $168. Feeder cattle futures were down by as much as $1.27 in the Jan contract, but 57...
A turnaround Tuesday session reduced the cotton market’s net weekly drop as the day finished 29 to 39 points higher. March is now at a net 47 point loss for the week’s move. ABARES expects a 44% decrease yr/yr for cotton area in Queensland (288k MT production) and a 20%...
The front month corn market ended Tuesday’s session with 4 ¼ to 5 ¼ cent losses. That has the March contract at a net weekly drop of 10 ¼ cents and within 2 cents of the contract’s harvest low. USDA’s weekly Export Inspections data showed 947,418 MT (37.3 mbu) of...
(RTTNews) - 1&1 AG (1U1.DE) forecasts about 10 percent growth in EBITDA for the financial year 2024, compared to the 2023 estimate of 655 million euros
(RTTNews) - The China stock market on Tuesday ended the four-day losing streak in which it had slumped more than 70 points or 2.4 percent. The Shanghai Composite Index now sits just above the 2,930-point plateau and it's expected to find continued strength on Wednesday,
Japan's exports in November fell for the first time in three months dragged down by China-bound chip shipments, underscoring worries that slowing overseas economies may deal another blow to the trade-reliant economy as domestic demand slows.
Middle East crude benchmarks Dubai and Oman hit their lowest levels since 2022 as low pre-holiday liquidity, soft demand from top buyers China and Japan, and a prompt Omani oil sale weighed on the market, according to Reuters data and traders.
(RTTNews) - Public Service Enterprise Group (PEG) said it expects 2024 non-GAAP operating earnings to be in the range of $3.60 to $3.70 per share. Analysts polled by Thomson Reuters expect the company to report earnings of $3.69 per share for fiscal year 2024. Analysts' estimates
Japan's government will raise its long-term interest rate estimate, used to compile the state budget, to 1.9% for the next fiscal year from the current year's 1.1%, two people with knowledge of the matter told Reuters.
New Zealand's government on Wednesday forecast a smaller budget deficit at its half-yearly economic update and described Prime Minister Christopher Luxon's new centre-right administration's plans as broadly neutral for the fiscal outlook.
(RTTNews) - The Taiwan stock market has moved lower in two straight sessions, giving up almost 100 points or 0.6 percent along the way. The Taiwan Stock Exchange now sits just above the 17,575-point plateau although it may stop the bleeding on Wednesday.
Copper prices have traded on either side of $4 in 2023. Over the past year, copper has poked its head over the $4 level in seven months and was below it for five months. At just below the $3.90 per pound level on December 19, nearby copper futures could be on the way to another move over $4 before the end of this year.
With headlines detailing tighter financing costs and geopolitical challenges, the world of mergers and acquisitions (M&A) is poised for a resurgence in 2024.
In this video, I will be talking about three dividend-paying companies that you might want to add to your portfolio in case a recession hits in 2024. Dividend stocks can provide stability during rough times like today.
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