Sugar has had a nice rally from the $0.16 level on news that the U.S. government will buy sugar on the domestic market in an effort to push up prices and avoid a larger bailout later.
The Federal Reserve will keep buying bonds at a pace of $85 billion a month and said that risks to the economy have decreased.
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.