Another ugly result for the weekly ANZ-Roy Morgan Australian Consumer Confidence survey.
Inflation expectations remain above 5%.
The data point is not usually a forex mover. AUD barely changed circa 0.6702.
Another ugly result for the weekly ANZ-Roy Morgan Australian Consumer Confidence survey.
Inflation expectations remain above 5%.
The data point is not usually a forex mover. AUD barely changed circa 0.6702.
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Cotton futures shed 10-15 pts, Mar down 10 pts weekly. Coffee & Cocoa rally on Brazil exports & shrinking surplus.
Lean hog futures see mixed action; Feb up $2.25/wk, Dec expires down. USDA hog price dips to $71.28.
Soybeans dumped 15-17 cents, cash at $10.06. Specs added 35K contracts net long, largest since Oct '20.
Live cattle futures dipped, but feeders saw weekly gains. Specs trimmed longs as cash trade held strong. Watch box beef spreads!
Corn futures dip 4-6 cents as December expires. Cash corn at $3.97. Managed money flips net long 38K contracts.
BOJ signals more rate hikes beyond 0.75%! Yen traders brace for volatility as bond markets eye rising yields.
BofA's contrarian indicator nears sell signal! Last October's flash preceded a 4% S&P 500 drop. Traders eye risk.
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