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FTSE’s Energy Strength Masks a Weaker Picture

FTSE 100 Mega Channel Up topped and targets 1M MA50.FTSE 100 (UK100) has made a Double Top almost at the top of its 17-year Channel Up, which started at the bottom of the 2008 U.S. Housing Crisis. The first High of that…

Corn Firms Higher to Start new Week of Trade

Corn futures posted gains of 1 ¼ to 3 ½ cents across the board on Monday. September futures expired up 1 ¾ cents at $5.12. The CmdtyView national average Cash Corn price was up 3 1/4 cents at $4.87.

Dollar Edges Higher as Stocks Fall and Crude Oil Rallies

The dollar index (DXY00) rallied to a 1.5-week high on Monday and finished up by +0.28%. The dollar moved higher on Monday as stocks slumped, which boosted liquidity demand for the dollar. Also, Monday’s rally in WTI cr…

Hogs Start the Week with Losses

Lean hogs settled with losses of 55 cents to $1.05 in the nearbys on Monday. Weaker equity market trade added pressure to the market. The USDA National Base Hog price was reported at 76.91 in the Monday PM print, down $…

Cotton Faces Monday Weakness

Cotton futures posted losses on Monday, with contracts 23 to 174 lower at the close. Crude oil was up $1.84 per barrel on the session, with the US dollar index up $0.609.

Stocks Settle Lower as AI Slowdown Fears Weigh on Chipmakers

The S&P 500 Index ($SPX) (SPY) closed down by -0.48% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.82%. E-mini S&P futures (ESU…