Daily Close | Forex, Metals, Oil, Agriculture April 22, 2021



The weather in Florida is good with a few showers or dry weather to promote good tree health and fruit formation. Mexican crop conditions in central and southern areas are called good with rains, but earlier dry weather might have hurt production. The US stock market has been generally firm to help support ideas of a better economy here and potentially increased demand for Cotton products. The demand for US Cotton in the export market has been strong even with the Coronavirus causing disruptions at the retail level around the world.
less Image Source: Pixabay General Comments: Futures were a little higher as cold weather is threatening newly planted Cotton in Texas. Stress to trees could return if the dry weather continues as is in the forecast. In the overnight electronic session, the May corn is currently trading at 635 1/ which is 9 ¾ cents higher. It is dry in western and southern Texas and the planting of Cotton is being delayed.


This is a new divergence relative to other central banks that could ultimately prove to be an albatross around the Euro’s proverbial neck heading into May. Christine Lagarde, President of the ECB has released three relevant statements that may keep the euro bid – and potentially send it to new highs. EURO’S STRONG APRIL PETERING It’s been well-documented that April has been the best month of the year for the Euro, and 2021 thus far has fit historically tendencies neatly.
EUR/GBP rates may offer the best choice for Euro bulls in the near term. But Chris Bryant wonders if these companies really deserve their multibillion-dollar valuations, given they still don t, you know, make any money. less Source: Unsplash Euro boom?


ESG refers to a form of sustainable investing that centers on three factors: environmental, social and corporate governance.Ubben is no stranger to investing in oil and gas companies. The latest $2 trillion infrastructure plan includes spending up to $174 billion to encourage Americans to switch to cars and trucks that run on electricity, not gasoline or diesel.

United States

Going forward, Canopy Growth will be able to leverage Southern Glazer’s established distribution network to bring its CBD beverage portfolio to retailers and consumers across the US. Investing.com Follow The rally in Intel (NASDAQ:INTC) shares thus far in 2021 is promising, after the stock had a few challenging years. The rally in Intel (NASDAQ:INTC) shares thus far in 2021 is promising, after the stock had a few challenging years. The announcement comes on the heels of Canopy Growth’s launch of Quatreau which is its first line of CBD-infused beverages for the US market.
The party booper is capital gains tax for the US as attempts to generate more revenues from corporate haven states, notably Ireland, have come a cropper. Year-to-date the stock has surged more than 25%, outperforming both the tech-heavy NASDAQ and the industry benchmark, the Philadelphia Semiconductor Index—by a big margin. During the long climate-wilderness years of the Trump administration, local governments and corporations carried the torch for Earth.
The launch in the US follows a successful launch in Canada where it is now the top-selling ready-to-drink CBD beverage. He has been quoted in a variety of financial news publications, such as CNBC, the Wall Street Journal, and the New York Post. The US share rose 6.25% at the opening before falling to $90.67, up over 2%.


Also here, the caveats come first – the recent rise in consumer prices comes from “idiosyncratic” factors that may prove temporary, according to Lagarde. ECB RATE DECISION RECAP While ECB President Christine Lagarde offered little commentary that proved either market-moving or intellectually stimulating – no offense, it was a dull meeting! Instead, ECB President Christine Lagarde emphasized concerns about the near-term outlook, indicated that the ECB is not the BoC, and provided little insight on what comes next.
– it does appear that the market feels that there were enough efforts made to signal, at the margins, that the ECB remains open to more easing. On a fundamental basis, no changes were expected from the ECB and none were made but it is clear the central bank disappointed. Nevertheless, Lagarde mentioned that while the economy likely contracted in the first quarter, there are signs that the more sensitive services sector is on holding up.
Moreover, in an answer to a question, Lagarde said the Governing Council did not even discuss phasing out the PEPP program, meaning it has a long way to go.
Governments and investors eventually care about that stuff after a while.Further Earth Day Reading: Boris Johnson s ambitious climate targets need Rishi Sunak to become reality. The ECB acknowledges that stronger growth is coming, albeit it does not use the strongest possible words. The European Union pledged to cut carbon emissions by at least 55% by 2030 compared with the 1990 levels. In summary, here are the 4 reasons why EUR/USD tanked on ECB: Forex Market Guru.