Morning Thoughts – Jan 19
Financials – Fed Chair Yellen gave a speech in SF late yesterday and her comments were deemed as slightly hawkish. The dollar firmed modestly following her remarks and Fed Funds dropped slightly. The key comment off the newswires was she and “most colleagues...Morning Thoughts – Jan 18
Softs – Brazil’s Conab issued their first official projection for 2017 coffee production yesterday. Conab is projecting coffee output in a range of 43.7-47.5 million bags, which would be down fairly significantly from 51.4 million in 2016. The smaller crop...