Markets
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Tech Rally in Asia Following Micron Results and Weakening Yen Despite Hawkish BoJ
Key takeaways Wall Street futures rebounded sharply, driven by strong earnings results from Micron. Japan’s Nikkei 225 rallied 2.89 percent…
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Economic Calendar – Global series of manufacturing PMI indicators and a marathon of central bankers’ speeches
Key takeaways Australia reported a trade surplus of 0.50 billion AUD, falling short of the expected 2.00 billion AUD. Japanese…
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Brent Crude Oil Prices Retreat as Middle East Supply Recovers but Hormuz Risks Keep $100 in Focus
Brent crude is trading around the $97-per-barrel area as improving Middle East oil flows ease immediate supply concerns, while uncertainty…
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WTI Price Forecast: Bears await acceptance below $88.00, 50% Fibo. support breakdown
WTI meets with a fresh supply amid easing supply concerns, though the downside seems cushioned. The US-Iran standoff keeps the…
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Dollar Index approaches yearly high near 101.80, US ISM PMI in focus
The US Dollar Index approaches the all-time high of 101.80 on the back of hawkish Fed speak. Fed’s Kashkari guides…
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Gold bulls seem hesitant as resilient US Dollar and yields cap upside
Gold reverses a modest Asian session dip, though any meaningful appreciation seems elusive. The USD buying remains unabated as oil-driven…
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Corn Prices Plunge as US Stocks Surge Above Expectations and Harvest Supply Weighs on Outlook
Corn futures are facing heavy selling pressure as the latest US stocks data points to substantially larger available supplies than…
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Soybean Prices Slip Despite Tighter US Stocks as Export Demand and Crush Data Drive the Next Move
Soybean futures remain under pressure despite US ending stocks coming in below both last year’s level and trade expectations. November…
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Wheat Prices Slide Despite Tighter US Stocks as Russian Export Cuts Reshape Global Supply Outlook
Wheat futures remain under pressure despite evidence of tighter US old-crop stocks, as traders weigh larger-than-expected production against weaker technical…
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Australia Exports Surge to 41-Month High as Record Imports Narrow Trade Surplus and Shape AUD Outlook
Australia’s external trade position is showing stronger export momentum, but the Australian dollar faces a more complicated signal as record…
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