Markets
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Cocoa down 4% as Mondelez International calms market supply fears
The cocoa market remains strongly supported by concerns over weather conditions in West Africa, but the fundamental picture is far…
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The US Strikes Iran, Oil hits the markets
Fragile market sentiment was shaken by another wave of kinetic escalation in the Persian Gulf. Iran struck two additional cargo…
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Trade of The Day – EUR/USD
Facts: Euro area inflation expectations according to the ECB are lower than expected inflation according to the University of Michigan…
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Agricultural Commodities Retreat
COTTON & WHEAT down more than 2% 🔥 Agricultural commodities have seen a strong wave of gains, driven mainly by…
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Iron Ore Falls on Strong Supply Outlook
Iron ore futures fell toward CNY 710 per ton in early September, retreating from one-month highs on expectations of strong…
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Steel Pulls Back on Demand Uncertainty
Steel rebar futures fell to around CNY 3,100 per ton in early September, pulling back from multi-month highs as surging…
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RBNZ raises interest rates again, yet NZD falls after the decision
The Reserve Bank of New Zealand raised the Official Cash Rate (OCR) by 25 basis points to 2.75% on Wednesday.…
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Economic Calendar – Central Bank Decisions And US ADP Report in Focus
Wednesday’s macroeconomic calendar is packed with interesting releases from the world’s largest economies as well as several central bank decisions.…
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United States Dollar Index hold gains above 99.50 as Treasury yields hit multi-year highs
US Dollar Index rises on Fed rate hike fears as global bond selloff pushed US 10-year Treasury yields to 4.80%.…
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XAG/USD slips below $64.00 as inflation fears increase
Silver declines as global bond selloff drives 10-year US Treasury yield to a 2025 high of 4.80%. Rising US-Iran conflict…
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