Markets
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10% weekly surge: WTI holds above $90.00 amid Middle East escalation
Escalating US-Iran conflicts and Red Sea attacks drive sharp fears of global oil supply disruptions. Trump warns of massive military…
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Chart of The Day – No changes in the Far East, USD/JPY Hits New Highs
USD/JPY is breaking out to new 40-year highs above 163.30 , and the market is signalling that the acceleration in…
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Trade of The Day – GBP/JPY
Facts: The bounced off the lower limit of 1:1 structure at 217.52 Main trend on the pair remains upward Recommendation:…
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Technical analysis – Is Rheinmetall testing the upper boundary of its descending channel?
Shares of Germany’s largest defense contractor, Rheinmetall, are up nearly 3% today amid a broad-based global rally in defense stocks.…
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Lockheed Martin and RTX raise guidance. Defense stocks move higher
Key takeaways The largest U.S. defense contractors surprised investors with strong quarterly earnings. Lockheed Martin and RTX shares are up…
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Wheat climbs to the highest level since May 2024. Black Sea export risks fuel rally
CBOT wheat futures have climbed above 700 cents per bushel for the first time in months as investors increasingly price…
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Alphabet and Tesla Weigh on Wall Street, While Oil Prices Renew Investor Concerns
Wall Street remains under pressure today, with the major indices trading on the weaker side of the market. Investors are…
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Wheat Futures Return to Over 2-Year High
Wheat futures climbed to around $6.80 per bushel in late July, returning to their highest level since May 20, 2024,…
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Short Covering Lifts Cocoa Prices
September ICE NY cocoa (CCU26) on Tuesday closed up +87 (+1.58%), and September ICE London cocoa #7 (CAU26) closed up…
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Gasoline Prices Rise
US gasoline prices rose above $3.40 per gallon, a two-month high, amid growing concerns over tighter fuel supplies. The US…
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