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Soft Commodities

Where Are Cocoa Prices Heading?
Before 2024, the all-time peak in ICE cocoa futures was $5,104 per ton in 1977. Last year, they blew through…
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Soft Commodities

Coffee Prices Fall on Projections for Higher Coffee Production
July arabica coffee (KCN25) Tuesday closed down -5.40 (-1.44%), and July ICE robusta coffee (RMN25) closed down -70 (-1.41%). Coffee…
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Soft Commodities

Rising ICE Cocoa Inventories Undercut Cocoa Prices
July ICE NY cocoa (CCN25) Tuesday closed down -100 (-0.91%), and July ICE London cocoa #7 (CAN25) closed down -12…
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Soft Commodities

Expectations for Abundant Supplies Pressures Sugar Prices
July NY world sugar #11 (SBN25) Tuesday closed down -0.11 (-0.63%), and August London ICE white sugar #5 (SWQ25) closed…
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Soft Commodities

Cotton Closes Higher on Tuesday
Cotton futures had some outside market support on Tuesday, with contracts up 30 to 50 points. Crude oil prices were…
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Energies

NATGAS Surges Over 5% Reversing Yesterdays Decline
Henry Hub natural gas futures (NATGAS) are rising over 5% today, reversing yesterday’s sell-off. It’s difficult to pinpoint a single driver…
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Markets

Trade of The Day – Russell 2000
Facts: US2000 is trading in the 65-point zone of the RSI indicator of the last 14 sessions The contract based…
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Forex

EUR/GBP holds gains above 0.8400 despite worse-than-expected German PPI data
EUR/GBP stays supported as the Euro benefits from improved risk appetite, boosted by easing geopolitical tensions. German PPI fell more…
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Forex

USD/CHF remains on the defensive below 0.8350 on weaker US Dollar
USD/CHF softens to around 0.8335 in Tuesday’s early European session. Economic uncertainty and Fed rate cut bets weigh on the…
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Forex

Chart of The Day – AUD/USD
The Australian dollar weakened against the US dollar, with AUD/USD falling 0.5% to 0.6428 after the Reserve Bank of Australia…
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