Page 31 - Markit Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

4/4/2021 SINGAPORE, April 5 (Reuters) - Chicago corn futures edged higher on Monday, hovering around their highest since 2013, while soybeans gained 1% with concerns over global feed grain supplies underpinning prices. Wheat ticked higher although improved weather across the Northern Hemisphere curbed gains. FUNDAMENTALS * The most-active corn contract on the Chicago Board Of Trade (CBOT) added 0.2% to $5.61 a bushel by 0107 GMT, after hitting its highest since June 2013 at $5.85 a bushel on Thursday. * Soybeans gained 1.1% at $14.17 a bushel and wheat was up 0.3% at $6.12-1/2 a bushel. * U.S...

FUNDAMENTALS * The most-active corn contract on the Chicago Board Of Trade (CBOT) added 0.2% to $5.61 a bushel by 0107 GMT, after hitting its highest since June 2013 at $5.85 a bushel on Thursday. * Soybeans gained 1.1% at $14.17 a bushel and wheat was up 0.3% at $6.12-1/2 a bushel. * U.S. farmers plan to sow 91.1 million acres with corn this year, the most since 2016, and 87.6 million acres with soybeans, the most since 2018, the U.S. Department of Agriculture (USDA) said on Wednesday. However, both estimates were well below analysts’ expectations for 93.2 million corn acres and 89.996 mil...

A Plea to Meet in the Middle, Jobs Pick Up, Yield Curve Concerns, Debt Downer Plus, a look at the technical setup of KLA Corp. Spring Has Sprung The signs are everywhere. The weather is simply warmer here in the Northeast. Some of the birds are different. Some of the small game that roam these parts have not yet woken, but the bees are back. Always nice to see the bees. We have seen the return of baseball as well. Not necessarily my Mets, who will open tonight, nor the Nationals of Washington who were supposed to oppose the New York Mets last week until a number of their players teste...

4/2/2021 3:12:00 PM GMT ECB’s Lagarde dared market players to test the bank “as much as they want.” US President Biden’s plan taking shape, also facing fierce opposition. EUR/USD bearish potential increases on a break below 1.1700. EUR/USD downtrend extended to a fresh 2021 low of 1.1703 this week, although the pair managed to trim most of its weekly losses ahead of the close. The dollar peaked on Wednesday, as US Treasury yields reached late on Tuesday a fresh over one-year highs, with the yield on the 10-year Treasury note hitting 1.77%. The greenback’s strength faded afterwards, ...

March 2021 ISM and Markit Services Surveys Show Improvement The ISM significantly improved and remained in expansion whilst the Markit PMI improved and advanced further into expansion. Analyst Opinion of the ISM and Markit Services Survey With the economy reopening, it comes as no surprise that both of these indices improved. From Econoday: Upturns in output and new orders accelerate to strong rates Price gauges hit highest on record amid supply chain disruptions Business optimism improves since February March PMITM data indicated a substantial increase in business activity across the U.S. se...