Jernigan Global Weekly 16-Mar-2020
Posted : March 30, 2020

JERNIGAN GLOBAL
News Letter 16-March-2020

1. GLOBAL APPAREL BRANDS’ SHARE PRICE DECLINE OUTPACE COTTON ILLUSTRATING THE MAYHEM OF THE MARKETS

2. CHINA’S COMERCIAL INVENTORIES SUGGEST VERY POOR COTTON USE IN FEBRUARY, AS EXPECTED

3. INDIAN DOMESTIC PRICES HIT NEW LOWS FOR  SEASON AS RUPEE/USD EXCHANGE RATE FALLS

4. ITALY TEXTILE AND APPAREL OPERATIONS ATTEMPT  TO MAINTAIN SHIPMENT AS RETAILERS CLOSE

5. US EXPORT SHIPMENT PACE MUCH HIGHER  THAN REPORTED BY USDA

6. AUSTRALIAN RAINS CONTINUE BUT NEW SOUTH WALES’  DAMS ARE STILL NEAR EMPTY

7. BRAZILIAN GROWERS SLOW SALES EVEN AS  REAL/USD EXCHANGE RATE COLLAPSES

8. US EXPORT SALES REACH 661,900 RUNNING  BALES AS PRICES COLLAPSED

9. AGE OF ALGORITHMS BRINGS RECORD VOLUME  AND VOLATILITY TO GLOBAL FUTURES, EQUITY,  BONDS AND FX MARKETS

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