- HICP +6.7% vs +6.7% y/y prelim
No change to the initial estimates as French inflation comes off the boil at the end of last year. That said, the core reading remains unchanged from November, seen at 5.3% y/y.
No change to the initial estimates as French inflation comes off the boil at the end of last year. That said, the core reading remains unchanged from November, seen at 5.3% y/y.
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Futures flat, S&P/Nasdaq up as Fed meeting starts. JOLTS data shows openings rose; tech earnings loom.
GE Vernova stockpiles yttrium amid China export curbs; prices up 4,400%. Traders eye supply chain risks.
Live cattle futures dip $0.50, feeders down $0.15-$0.30. Choice boxes up $0.14, Select down $0.57. Specs trim net longs.
Lean hog futures mixed; Dec up 20c. National hog price $71.43 (+1.39). Pork cutout $96.44 (+0.93). Slaughter up.
Corn futures jump 4-5 cents on bullish USDA report; US ending stocks slashed 125 mbu. Speculators cut net shorts.
Wheat futures mixed; spring wheat up 5 cents. Global surplus shrinks, Argentina cuts export tax 2 pts to 7.5%.
Venezuela's 900K bpd oil output faces geopolitical risk; regime change could shock prices then slump them.
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