A risk off day in outside markets due Fitch downgrading U.S. debt has grain, cotton and livestock lower, weather is bearish and funds are selling as chart support is violated. That is also trumping news of Russia damaging a port on the Danube River and reversing overnight gains. John Payne, Hedge Point Global Markets has more.
Funds Sell as Bearish Weather, Risk Off Day in Outside Markets Pulls Grain and Livestock Lower: Trumps War News
A risk off day in outside markets as Fitch downgrades U.S. debt has grain, cotton and livestock lower, weather is bearish and funds sell as chart support is violated. John Payne, Hedge Point Global Markets has more.
August 02, 2023 11:36 AM
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