Sinking Crude Oil Futures Tug SBO Futures Lower
World edible oil prices were down on Monday, with profit-taking and fresh selling weighing down palm oil and soybean...
Author: Alexandra Watts
Slow Hide Trading Ahead of Federal Reserve Meeting Tomorrow
The US hide market was inactive over the weekend as most sellers wrapped up their business at the end of the week. Typically, hide trading is slower during this time of year and 2023 is following along this seasonal trend.
The Federal Reserve plans to meet tomorrow and Wednesday to discuss the state of the economy and the debt ceiling. The Fed has already raised interest rates 10 times in the last year to grapple with rising inflation. If the Fed decreases rates or...
