Markets
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Copper Remains Under Pressure
Copper futures fell below $6.3 per pound on Wednesday, giving back gains from earlier in the week as escalating tensions…
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United States ADP Employment Change 4-week average increases to 29K
US private employers added an average of 35.75K jobs per week in late May. Job gains lose some momentum, receding…
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The “Bulls” Are Back on the European Trading Floor
European indices are rising on Tuesday – the STOXX 600 is up by around 0.5%, the DAX is up 0.85%…
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Iron Ore Weakens to Near 2-Month Low
Iron ore futures fell below CNY 760 per ton, sinking to a near two-month low after data showed China’s iron…
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Steel Holds Decline Despite Strong China Exports
Steel rebar futures remained below CNY 3,140 per ton, hovering near six-week lows even after data showed China’s steel exports…
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US Futures Extend Rebound
US stock futures swung higher on Tuesday as energy prices halted their rebound and AI infrastructure extended its rebound. Contracts…
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Chart of The Day – USD/NOK
Monday’s rise in energy commodity prices proved short-lived, weighing further on the Norwegian currency. The USDNOK pair is approaching the…
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Euro remains stronger against Japanese Yen following German Industrial Production data
EUR/JPY holds gains as a stronger Euro is supported by robust Germany’s Industrial Production. Germany’s seasonally adjusted industrial output rebounded…
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Why is the British Pound struggling when the BoE is considering rate hikes?
The British Pound (GBP) is struggling as mounting political uncertainty and deteriorating economic indicators complicate the United Kingdom’s outlook. Ahead of the key…
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Trade of The Day: USD/SEK
Facts: USDSEK is testing the support at 9.3990 The main trend from the end of May remains upward The pair…
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