Markets
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Zinc Falls to 1-Month Low
Zinc futures fell toward $3,450 per tonne, the lowest in a month, as investors grew concerned about the demand outlook…
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United States Dollar Index (DXY) Price Forecast: Bulls have the upper hand above 99.50
DXY struggles to capitalize on the overnight bounce from the vicinity of the weekly low. Fed rate hike bets and…
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Gold steadies above YTD low on softer USD; bearish bias remains amid Fed hike bets
Gold recovers slightly after touching a fresh year-to-date low during the Asian session on Thursday. Mostly in-line US CPI report…
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Heating Oil Extends Gains
US heating oil prices rose toward $3.70 per gallon, extending gains from the previous session, on fears the Iran war…
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Gasoline Prices Continue Gains
US gasoline prices extended gains above $3.10 per gallon, driven by concerns that the Iran war could continue and keep…
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TTF Prices Climb to Over 3-Week High
European natural gas prices rose further to €50.3 per MWh, the highest in over three weeks, as escalating attacks between…
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Oil Eases as US Concludes Iran Strikes
Crude oil pulled back toward $91 per barrel on Thursday, paring gains from earlier in the session after the US…
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Copper Falls to 3-Week Low
Copper futures dropped below $6.2 per pound on Thursday, touching their lowest levels in three weeks as heightened uncertainty in…
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Is Inflation Spinning Out of Control?
This week’s key macro data, US CPI Inflation, is set to be released at 1.30 PM. At 1:30 PM, this…
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Trade of the day: WHEAT
Facts According to the latest USDA report, the condition of the U.S. winter wheat crop is the worst since 2006.…
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