In brief: • The index fell by 9.5% compared to the level a year ago • Currency quotes and the price collapse in Chicago herald a recent decline in Paris At the end of the week, we witnessed a downward correction in the financial markets. Overseas quotes led this trend and began to retreat from the levels reached last week. Oil also lost ground, falling below $60 per barrel in New York, amid concerns about ongoing oversupply and slowing demand in the U.S. According to experts, the movement of the euro/dollar exchange rate, in addition to the new decline in the prices of all commodities in Chicago, heralds a further decline in prices in Paris. Days after the agreement between Donald Trump and Xi Jinping, the U.S. grain market remains tense. The announced massive purchases of soybeans amounting to 12 million tons by January 1 have not yet materialized, and China continues to buy Brazilian soybeans. Against this backdrop, the latest monthly report of the Food and Agriculture ...
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