S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketSoybean futures in the US extended their rally to $11.15 per bushel in February, the highest in two months, on renewed interest in US soybean shipments from China. President Donald Trump stated that China would lift purchases of domestic soybeans to 20 million tonnes this year and 25 million tonnes in the upcoming year. The measures signal the attempt by Trump to engage support for farmers after China shunned US grain following the trade war between both countries. The pledges could drive Chinese consumers to pay premiums on 8 million tonnes of the orders when compared to cheaper South American alternatives, especially due to the strong Brazilian harvest. Ample supply from Brazil, the world’s top producer, drove US premiums over CBOT contracts to hover nearly double those from Brazilian benchmarks.
