Can we have him back at the ECB?
Can we have him back at the ECB?
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The U.S. approved more than $10bn in arms sales to Taiwan, including HIMARS, ATACMS missiles, howitzers and drones. The move lifted China defence stocks and is expected to further strain U.S.–China relations.
Vanguard favors value & non-US stocks (7-6% return) over AI tech, citing better valuations & AI diffusion. Risks rise in tech.
Wheat futures mixed; HRW up 2.75c, SRW down 3.25c. China cancels export sale, but SK buys 20.8K MT.
Live cattle futures shed $1.15, spec funds trim net long. Cattle on Feed report eyed for placement clues.
Soybeans dip 4.5 cents on ample supply news; managed money holds 215K+ net long. Coffee sinks on Brazil weather.
Lean hog futures dipped $1.45-$1.80; spec funds cut net long positions. USDA hog price at $69.71.
Corn futures rally 2-4.5 cents on record ethanol grind & strong exports. Spec funds flip net long.
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