The crypto complex has been heavy for a few weeks now, that 'liquidation event' that saw a huge drop in Bitcoin marked a regime change.
ETH had its own troubles earlier this week:
The crypto complex has been heavy for a few weeks now, that 'liquidation event' that saw a huge drop in Bitcoin marked a regime change.
ETH had its own troubles earlier this week:
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MUFG raised its EUR/GBP forecasts, seeing the euro at 0.8900 by Q1 2026 and 0.9000 by Q2. Expects sterling to weaken as UK inflation peaks and the BoE moves toward rate cuts, with a 66% chance priced for December easing.
China Premier Li urges fairer global trade rules, warns protectionism harms world economy Li’s pledge to expand imports and reform trade governance may signal China’s intent to stabilise relations with key partners, frictions with the US remain.
Live cattle futures dumped $4-5, feeder cattle down $7. USDA boxed beef mixed. Grain bulls back as China buys soybeans/wheat.
Cotton futures dip 40-53 pts; crude oil $60.38, USD index $100.055. Cocoa, coffee, grains rally on China buys & index inclusion.
Soybeans dip on deliveries, but China's buying & Bangladesh's $1.25B deal offer support. Watch yield data!
Corn futures dip 2-3 cents, cash price at $3.91 1/2. US yield steady at 185.5 bpa. China buys soybeans/wheat, grain bulls return.
Lean hog futures dipped $0.65-$1.30 as USDA hog price edged up. Pork cutout value fell $2.48, signaling potential downside.
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