Markets
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Gasoline Rises to 2-Week High
US gasoline futures rose to around $3.16 per gallon on Wednesday, a two-week high, tracking gains in crude prices as…
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Heating Oil Approaches 4-Month High
US heating oil futures advanced toward $4.30 per gallon on Wednesday, approaching a four-month high amid mounting concerns over tight…
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Cotton Trades Near Three-Month High
Cotton futures traded near 84 cents per pound, after reaching a three-month high of 84.5 cents, as adverse weather in…
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Commodity wrap – Oil, Gold, Natgas, Emiss
Oil: Crude oil, after declines at the beginning of last week, returned to strong gains in the face of huge…
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Trade of The Day: AUS/USD
Facts AUDUSD has been holding above the 10-day exponential moving average (EMA10; yellow) for seven consecutive sessions. Michele Bullock, Governor…
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Cocoa loses 4% amid news from Ghana. What’s next for the market?
Key takeaways ICE cocoa futures are down around 4% today, while COCOBOD’s new financing model is easing concerns that liquidity…
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Aluminum Rises to Near 2-Month High
Aluminum futures in the UK rose to $3,380 per tonne in August, the highest in nearly two months, on declining…
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Gold Rally hits pause near $4,440 with US CPI in focus
Gold price retreats from the two-month high of $4,435.40 as oil prices rise. Heightened Hormuz reopening uncertainty has prompted oil…
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Intel Raises the Stakes: $20 Billion for a Major Comeback
Just yesterday, we analyzed Intel’s decision to issue approximately $15 billion worth of new shares. At the time, the key…
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Energy Leads Gains in Europe, ASML Rebounds While Alcon Rises 4% After Earnings
Key takeaways European and US equity indices are trading relatively flat around 4.5 hours ahead of the US market open.…
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