Markets
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Brent Oil Retreats as Rising Supply Offsets Middle East Risk
Brent crude is trading near $101 per barrel, giving back part of its recent gains as evidence of improving global…
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Platinum Rises as Softer US Jobs Data Support Precious Metals
Platinum futures are trading back above $1,700 an ounce, recovering from recent multi-week lows as softer US employment data reduces…
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Palm Oil Stabilises as Rising Stocks and Weak Exports Cap the Recovery
Malaysian palm oil futures are stabilising after recent losses, with bargain hunters returning following the market’s decline to its lowest…
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Corn Futures Under Pressure as Large US Inventories and Weak Exports Weigh on Prices
Corn futures have fallen below $5.00 per bushel, reaching their lowest level in six weeks as larger-than-expected US inventories and…
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United States Dollar Index gathers strength above 102.00 on safe-haven flows
US Dollar Index strengthens to around 102.20 in Monday’s early Asian session. US economy created 29,000 jobs in September; the Unemployment Rate…
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WTI drops to near $89.00 as G7 taps emergency reserves
WTI falls as the G7 agreed to release 100 million barrels from emergency reserves to ease global supply pressures. OPEC+…
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British Pound softens as US Dollar gains despite easing Fed rate hike odds
The British Pound weakened as the US Dollar gained momentum ahead of key ISM Services PMI data. Weak September Nonfarm…
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Euro softens below 1.1250 on France’s fiscal risk
EUR/USD declines to near 1.1245 in Monday’s early Asian session. France’s fiscal risks weigh on the Euro. Traders reduce their…
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BoJ’s Uchida: AI has become a major focus among central banks, including at BoJ policy meetings
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Monday that Artificial Intelligence (AI) has become a major focus…
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Gold holds gains above $4,150 as traders trim bets on Fed rate hikes
Gold price edges higher to around $4,160 in Monday’s early Asian session. Softer US jobs data have strengthened investor bets…
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