Bloomberg reported that the U.S. House Agriculture Committee voted to subpoena former MF Global chairman and CEO Jon S. Corzine for a Dec. 8 hearing on the collapse of the MF Global.
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Hogs in the meat of rally, while cattle presses higher
The sentiment is bullish in pork, but traders should be cautious. The cattle situation gets complicated.
China manufacturing shrinks at faster pace amid cash crunch
China’s manufacturing is shrinking at a faster pace this month, adding to stresses in the economy and financial system.
Using options to profit from a euro top
The Eurozone would not stand to benefit from a discontinuation of the American central bank stimulus efforts. So with downside pressure likely to continue for the euro, here's how can a trader take a speculative view on the euro with options.
ABM AMRO ordered to pay $1 million for seg fund deficiencies
CFTC orders ABN AMRO Clearing Chicago LLC to pay $1 million to settle charges of segregated and secured fund deficiencies, a minimum net capital violation, books and records violation, and supervision failures.