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.
Dollar gains most in 2 months as Bernanke signals bond-buy taper
The dollar rallied the most in two months versus the euro as Federal Reserve Chairman Ben S. Bernanke said the central bank could reduce its bond-buying this year and end it next year if economic improvement continues.
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.