- U.S. Employers Cut 54,000 Jobs; Private Payrolls Expand More Than Forecast
- Treasuries Poised for Weekly Gain on Speculation U.S. Employers Cut Jobs
- Hog Futures Rally on Ample Demand for U.S. Pork; Cattle Drop for Sixth Day
- Cotton Futures Rise on Prospects for Higher Demand; Orange Juice Advances
Companies in the U.S. added more jobs than forecast in August, easing concern the economy was falling back into recession.
Treasury two-year notes headed for their biggest weekly gain since June before a government report that economists said will show U.S. employers trimmed jobs for a third month.
Hog futures rose as signs of ample demand for U.S. pork fueled speculation that last week’s price slide was exaggerated. Cattle declined, capping the longest slump since 2008.
Cotton rallied to the highest price since March 2008 on the outlook for rising demand as global equities gained and the dollar dropped. Orange-juice rose to a one-week high.
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U.S. Employers Cut 54,000 Jobs; Private Payrolls Expand More Than Forecast
Companies in the U.S. added more jobs than forecast in August, easing concern the economy was falling back into recession.
Read more: U.S. Employers Cut 54,000 Jobs; Private Payrolls Expand More Than Forecast
Treasuries Poised for Weekly Gain on Speculation U.S. Employers Cut Jobs
Treasury two-year notes headed for their biggest weekly gain since June before a government report that economists said will show U.S. employers trimmed jobs for a third month.
Read more: Treasuries Poised for Weekly Gain on Speculation U.S. Employers Cut Jobs
Hog Futures Rally on Ample Demand for U.S. Pork; Cattle Drop for Sixth Day
Hog futures rose as signs of ample demand for U.S. pork fueled speculation that last week’s price slide was exaggerated. Cattle declined, capping the longest slump since 2008.
Read more: Hog Futures Rally on Ample Demand for U.S. Pork; Cattle Drop for Sixth Day
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Confidence among U.S. consumers rose in August, a sign the biggest part of the economy may soon stabilize.
Read More...Wheat rose for a second day in Chicago, reducing the first weekly drop in seven weeks, after the U.S. Department of Agriculture said global output will fall to a three-year low as Russia’s harvest shrinks.
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