Soft commodities dominate on Thursday

The ECB meeting had a limited impact on the markets and it’s the commodities that dominate price changes. While sugar prices decline 1.5%, cocoa rises by 2.7% and soybean gains 2.1%. Grain prices rise as the Juncker-Trump declaration assumes purchases of the US soybean by the EU. Soybean prices have moved to the highest level in a month and face a test of 900 cents per bushel.

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