Japan finance minister Kato: Alarmed over FX moves, including those driven by speculators

8 months ago 29

RBA minutes hint at more rate cuts, with inflation at 2.1%. Traders eye November for easing, betting on 3.35% rates.

Cattle futures mixed; feeder cattle up $0.50, live cattle down $1.30. Coffee erases gains on strong dollar.

Wheat futures mixed; KC slips. Spring harvest lags, but exports hit multi-year highs. Coffee erases gains as dollar climbs.

Cotton futures drop 44-63 pts as dollar climbs. US crop 71% setting bolls, condition ratings slip. Coffee erases gains.

Lean hog futures rise 20-40 cents as USDA hog price dips. Coffee erases gains on dollar strength, corn hits 4-week high.

Corn futures hit 4-week highs on strong exports & Taiwan tender. Cash corn up 1c to $3.71. USDA reports steady crop conditions.

Soybeans dip 9-11 cents as exports lag, though crop conditions hold steady. Coffee erases gains on dollar strength.

Read Entire Article