The sentiment is bullish in port, but traders should be cautious, while the cattle situation gets complicated.
Federal Reserve Chairman Ben S. Bernanke said the central bank may start reducing bond purchases later this year and end them in mid-2014 if the economy continues to improve as the central bank forecasts.
This is a market of relationships. The more we understand those relationships, the better we are prepared for the unknown.
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.