On February 5th, the CBOT grain market experienced a pullback, with major futures prices for corn, soybeans, and wheat declining. Market sentiment turned cautious due to a combination of profit-taking and fundamental factors exerting pressure.
The Morgan Stanley report indicates that the U.S. stock market is showing signs of weakness due to the Federal Reserve pausing interest rate cuts and the impact of low-cost AI. Technology stocks may face a pullback.
The Fed is set to announce its first 2024 rate decision, with markets expecting no change. However, Trump's push for cuts has fueled debate, exposing divisions among Wall Street institutions.
The Finance Minister of Thailand urged the central bank to reduce borrowing costs to boost the competitiveness of the baht. The baht has fallen against the dollar for two consecutive days, marking the largest two-day decline in nearly a month.