At least 12 ag. cargo ships affected by Maritime strike in Argentine ports
The strike in Argentine ports affecting at least 12 agricultural cargo ships signals potential supply disruptions for key commodities like soybeans and corn.
EIA Expectations: Crude 2.34M, Distillate -1.5M, Gasoline -0.22M
Moncler (MONC IM) FY25 (EUR): Net 623mln (exp. 596mln), Revenue 3.13bln (exp. 3.07bln), Stone Island revenue 411.2mln
At least 12 ag. cargo ships affected by Maritime strike in Argentine ports
US sells 4-week bills at high rate 3.625%, B/C 2.94x; sells 8-week bills at high rate 3.630%, B/C 2.82x
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Given Argentina's position as a major exporter in the agri-sector, this may lead to elevated prices and volatility in global grain markets, influencing inflation expectations globally.
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