CORN The price of December corn for the past week closed at fourteen-and-a-half cent cents higher. Last week saw active corn-harvesting from the beginning to the end. Traders anticipate that the rate of the harvest will move a bit higher than the average following the corn progress report on Monday. The corn market is gradually Read More…
The Chairman of the US Federal Reserve, Jerome Powell declared a flexible tactic of aiming at inflation that lets it surpass the intended 2% level temporarily if this level has been undershot before. The aim of the alteration tactics is to increase the inflation rate after many years and this is when it becomes the Read More…
Convenience yield is the profit or premium you get when you buy and hold an underlying asset, inventory, or physical good, in place of the security derivatives or futures contract. Convenience yields of products have a close relationship with the storage of such goods or commodities. Nonetheless, the storage levels and the prices of the Read More…
The main political uncertainty in the U.S. is the presidential election, scheduled for the 3rd November. Also, the apparent difference between the political programs encouraged by the Republicans and the Democrats is incredible. Democratic contestant Joe Biden has been maintaining the leading position in the polls for a few months ago, however, his lead diminished Read More…
After the coronavirus pandemic came upon the world having originated from China, it suddenly haunted other parts of the world. When the lockdown began to ease all over the world, China began to experience major growth in the economy and, in the last quarter, China hit a firm and an unanticipated 3.2 percent growth. This Read More…
The two key US equity indices, the Nasdaq 100 index, and the S&P 500 index made fresh all-time highs this summer. The 5 largest tech-companies triggered the S&P 500 index advanced move. These companies all recovered the market losses they incurred during the Covid-19 lockdown. The losses were as a result of the lockdown regulations Read More…
