Markets
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Gold sticks to negative bias as USD draws support from Fed hike bets and Iran tensions
Gold remains under some selling pressure for the second straight day amid a bullish USD. Tuesday’s hot US CPI report…
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Cotton Futures Ease
Cotton futures eased to around 86 cents per pound in mid-May, slightly retreating from an over two-year high, as a…
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Downside Momentum Persists in Australian Stocks
Australian shares fell 55 points or 0.6% to 8,615 in Wednesday morning trade, sliding for a fourth straight session to…
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Soybeans Hold Near 2-Year High
Soybean futures held above $12 per bushel, moving close to a two-year high reached on March 12, after the USDA…
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Rice Futures Near 9-Month High
Rice futures rose more than 1% to $12 per hundredweight in mid-May, reaching its highest level since August 2025, as…
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Heating Oil Hovers Near 5-Week High
Heating oil futures for delivery at New York Harbor slipped to around $4.10 per gallon but held most of their…
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Dollar Holds Gains After Hot CPI Report
The dollar index held above 98 on Wednesday after advancing in the prior session, supported by stronger-than-expected US inflation data…
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Sugar Futures Advance
Sugar futures in the US rose toward 15 US cents, moving back close to a one-month on expectations of reduced…
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Chart of The Day – Gold Slides Ahead of Inflation
Key takeaways Gold is dropping below $4,700 per ounce The key macro report for the gold and the dollar is…
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UK Assets Under Pressure
Key takeaways UK Borrowing costs surge to highest level since 2008 Could there be a new, worse, Liz Truss moment…
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