Agriculture
image source On the Corn front, March corn futures rose to new highs and there is a feeling there is more momentum following. In the overnight electronic session, the march corn is currently trading at 452 ¾ which is 1 ¾ of a cent higher. less General Comments: Cotton closed a little lower in consolidation trading last week.
Metals
I did my Why Crypto Is Better Than Gold post a month ago (or shall I say ). less A review and an update on the gold market. There were a few silver linings: Michael Gouvalaris is the author of The Trading Playbook: Two Rule Based Plans for Day Trading and Swing Trading.
Oil
less Natural gas futures are down more than 10% on Monday following new weather models that suggest warmer weather is ahead.
United States
Then, Wall Street made an astounding rebound with the major indices soaring to historic highs on super-easy monetary policies coupled with COVID-19 vaccine optimism. Trump had also approved a fresh $2.3 trillion COVID-19 relief and government funding package.
Europe
A Brexit deal has arrived, but GBP/JPY rates have been uninspired to rally – even as global equity markets continue their run higher.
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