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19:44
Williams: The standing repo facility is a key tool to curb interest rate pressures
According to Golden Ten Data, Federal Reserve's Williams stated that the standing repo facility is a key tool to curb rate pressures.
19:43
Williams: Rapid resolution of the Middle East war would reduce inflationary pressure
According to Golden Ten Data, ChainCatcher reported that Federal Reserve's Williams stated that if the Middle East war can be resolved quickly, it will help reduce inflationary pressures.
19:39
Chicago soybean and corn futures rose by up to about 2%, while New York cocoa surged approximately 5.2%, approaching the January 13 high of $5,658.
CBOT corn futures rose 1.84% to $4.4275 per bushel. CBOT wheat futures increased 0.88% to $6.0125 per bushel. CBOT soybean futures rose 1.98% to $11.5750 per bushel. Soybean meal futures gained 1.50%, and soybean oil futures increased 2.14%. ICE raw sugar futures rose 0.89%, and ICE white sugar futures increased 0.05%. ICE Arabica coffee futures fell 3.28%, and coffee “C” futures dropped 0.16%. Robusta coffee futures rose 1.69%. New York cocoa futures increased 5.17% to $5,230 per ton. London cocoa futures rose 1.04%. Chicago WCE low-erucic acid rapeseed futures gained 0.50%. ICE cotton futures increased 0.96%.
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