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CME Group's trading room note highlights a possible uptrend in soybean meal and natural gas after chart patterns, and says wheat has returned to support near 530. It also lists upcoming central bank and US economic events for the following two weeks.
Technical signals suggest a possible rebound in soybean meal, but the note is analyst opinion without a new fundamental driver.
cmegroup.comJul 30, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
