Markets
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Chart of The Day – Nikkei futures below EMA10 amid growing AI-scepticism
Tokyo shares ended sharply lower on Friday, driven by severe profit-taking across the tech and communication sectors. Nikkei 225 futures…
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Asia extends Wall Street selloff on expensive hardware
US Equities & Market Sentiment US stock futures extend losses as tech sector struggles: Wall Street futures are adding to…
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Japanese Shares Fall as SoftBank Tumbles
The Nikkei 225 Index dropped 4.15% to close at 69,361, while the broader Topix Index lost 1.32% to 3,963 on…
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Iron Ore Weakens to Near 1-Year Low
Iron ore futures fell below CNY 740 per ton, hovering near their lowest levels in almost a year as narrowing…
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Steel Drops to 4-Month Low
Steel rebar futures fell below CNY 3,060 per ton, reaching their lowest level in four months as narrowing profit margins…
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Gold trims a part of intraday losses; keeps the red above $4,000 amid Fed hike bets
Gold attracts fresh sellers on Friday as Hormuz ship attack revives demand for the safe-haven USD. Bets for at least…
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EUR/USD Price – Holds above mid-1.1300s amid Hormuz risks, bearish setup
EUR/USD struggles to lure buyers on Friday as Hormuz risks support the safe-haven USD. Receding Fed rate hike bets keep…
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XAG/USD sees fresh down leg below $55.60 amid firm Fed rate hike bets
Silver price plunges to near $56.50 as Fed’s Williams warns of persistent inflationary pressures. The US core PCE inflation arrives…
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Rains Disrupt Brazil Coffee Harvest and Support Prices
September arabica coffee (KCU26) on Thursday closed down -0.80 (-0.29%), and September ICE robusta coffee (RMU26) closed up +57 (+1.58%).…
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Cocoa Prices Surge on West African Crop Concerns
September ICE NY cocoa (CCU26) on Thursday closed up +274 (+5.51%), and July ICE London cocoa #7 (CAN26) closed up…
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