Markets
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Aluminum Eases from 8-Week High
Aluminum futures in the UK fell to $3,200 per tonne from the eight-week high of $3,360 on August 11th, as…
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Tech and Industrial Stocks Weigh on the European Session
Most European stock market indices are down, and the gains seen so far – driven by a very successful earnings…
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Walmart falls 6% despite strong results. What did the largest U.S. retailer reveal?
Key takeaways Walmart’s revenue rose 5.9% YoY to $187.9 billion, while adjusted EPS came in at $0.81 versus $0.74 expected,…
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Trade of The Day – GBP/CHF
Facts GBPCHF returned today above the 50-day exponential moving average (EMA50; dark violet) and the lower 2-week Bollinger Band (black).…
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Chart of The Day – USD/JPY Falls Ahead of a Key Test for the Yen
The USDJPY pair weakened by over 0.9% yesterday, significantly moving away from the key psychological barrier at the 160 level.…
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Asian Stocks in the Green, Bitcoin Rallies 8% – Has Risk Appetite Returned?
Most Asian indices are trading in the green today. The Chinese Hang Seng is up 1.1%, while the Japanese Nikkei…
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Economic Calendar: FOMC Minutes Out, PMIs and Japanese Inflation Ahead
Yesterday was marked by the publication of the FOMC Minutes – a transcript from the last meeting of the committee.…
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Steel Falls on Demand Concerns
Steel rebar futures fell toward CNY 3,010 per ton, retreating from three-week highs as signs of persistently weak demand in…
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Iron Ore Falls on Weak Fundamentals
Iron ore futures fell toward CNY 700 per ton, approaching 14-month lows amid signs of persistently weak steel demand and…
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Corn Extends Rally to 3-Month High
Corn futures climbed above $4.70 per bushel, extending their rally to the highest level since May 18, as disappointing US…
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