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FOMC Minutes, Housing Starts & Industrial Production.
Today brings another failed rally attempt. Will Monday's Bull Tone Carry?
Cattle futures are flirting with trendline support from the May lows. If the cash market cannot find its footing, it may be enough to keep buyers at bay and potentially cause long liquidation below support.
Grain futures retreat following a better than expected crop progress report. Is there any hope left for a relief rally?
The Chinese Yuan, Japanese Yen, and Treasury complex are sucking the life from risk-assets
Cattle futures were under pressure on Friday, but it wasn't enough to do any technical damage. Lean hogs were able to defend support. These are the levels to keep an eye on this week.
Corn and wheat are under pressure to start the week while soybeans are firm as hotter and drier temperatures make their way back into forecasts.