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Soft Commodities

Dollar Weakness Fuels Short Covering in Sugar Futures
May NY world sugar #11 (SBK25) Wednesday closed up +0.34 (+1.94%), and August London ICE white sugar #5 (SWQ25) closed…
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Soft Commodities

Short Covering Pushes Cocoa Prices Higher
May ICE NY cocoa (CCK25) Wednesday closed up +94 (+1.17%), and May ICE London cocoa #7 (CAK25) closed up +52…
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Soft Commodities

Below Normal Rain in Brazil Supports Coffee Prices
May arabica coffee (KCK25) Wednesday closed up +6.65 (+1.80%), and May ICE robusta coffee (RMK25) closed up +15 (+0.28%). Coffee…
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Energies

WTI Moved Lower on Higher Than Expected Crude Inventories
02:30 PM GMT, United States – EIA Data: Crude Oil Inventories: actual 0.515M; forecast 0.400M; previous 2.553M; Crude Oil Imports: actual -2.044M; previous…
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Economics

Bank of Canada Holds Rate Unchanged
Bank of Canada maintained interest rates at 2.75% level, in line with expectations. Bank of Canada Rate Decision – Key…
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Forex

USD/CAD – Technical Analysis
The USDCAD currency pair has been in a downward trend since the beginning of March. Looking at the chart in…
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Markets

Shares of US global car rental company Hertz (HTZ1.US) surge almost 20%
Shares of US global car rental company Hertz (HTZ1.US) surge almost 20% as Bill Ackman’s Pershing Square disclosed a significant…
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Economic Calendar

U.S. Retail Sales in line With Expectations
US Retail Sales MoM: 1.4% (Forecast 1.4%, Previous 0.2%) US Core Retail Sales MoM: 0.5% (Forecast 0.4%, Previous 0.3%) US30…
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Forex

EUR/GBP Recommendation From Credit Agricole
Credit Agricole has issued a recommendation for the EURGBP currency pair. Credit Agricole recommends taking a short position on the…
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Markets

TSMC Q1 2025 Earnings Preview
As Taiwan Semiconductor Manufacturing Company (TSM.US) prepares to release its first-quarter earnings on Thursday, April 17, 2025, investors are keenly…
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