Nanjing is China’s 2nd-tier Eastern city
- has lifted home purchase limits starting March 31
Related (news from weekend)
- China Construction Bank reports strong rebound in home mortgage applications - since Q4. Cite housing policies taking effect.
Nanjing is China’s 2nd-tier Eastern city
Related (news from weekend)
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Soybeans dump 27¢ wk/wk on China auction & managed money cuts. Cash beans at $9.78. Watch export sales!
Nasdaq, Nvidia, Oracle lead tech revival! Wall St ends week higher as Micron shines. Traders eye bond yields.
Cotton futures up 20-25 pts, but March down 8 pts weekly. Crude oil gains 55c. Dollar index up $0.292.
Lean hog futures steady; spec traders boost net long to 51,471. Pork cutout up $2.22. Watch hog slaughter vs. last year.
Wheat futures mixed; KC wheat dips 2.75 cents weekly. Specs add to net short. South Korea buys US wheat.
Corn futures dip slightly; spec traders cut net long by 13.5k. Brazilian crop estimates reduced, but prices hold near $4.43.
Live cattle futures jump $2.40 on spec longs; feeder cattle up $5.325. Lower placements boost prices.
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