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Metals

XAG/USD bulls flirt with descending trend-line hurdle, above $57.00
Silver trades with a positive bias for the third straight day on Tuesday. The bullish technical setup supports prospects for…
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Forex

British Pound struggles as traders evaluate BoE policy, UK political developments
GBP/USD could further depreciate amid differing inflation trends and rate expectations between the BoE and Fed. Markets are monitoring fiscal…
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Forex

Australian Dollar strengthens above 0.7000 despite rising US-Iran tensions
AUD/USD gains ground to around 0.7010 in Tuesday’s Asian session. The US launches further strikes on Iran. The RBA is…
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Forex

Swiss Franc weakens as safe-haven demand lifts US Dollar
USD/CHF as safe-haven dollar demand grew amid US-Iran tensions. The CME FedWatch Tool shows September Fed rate hike odds rose…
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Soft Commodities

Corn Starts the Week with Strength
Corn futures closed the Monday session slipping back from the highs, rounding out trade with 2 to 5 ½ cent…
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Soft Commodities

Wheat Slips Back
The wheat complex was mostly lower on Monday, with winter wheat falling and spring wheat holding up. Chicago SRW contracts…
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Soft Commodities

Cattle Bounce Higher
Live cattle futures are closed the session with contracts $2.10 to $3.10 higher on Monday. Cash trade has yet to…
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Soft Commodities

Delays to Brazil’s Harvest Push Coffee Prices Higher
September arabica coffee (KCU26) on Monday closed up +4.25 (+1.33%), and September ICE robusta coffee (RMU26) closed up +7 (+0.18%).…
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Soft Commodities

Cocoa Prices Pressured by Dollar Strength and Rising ICE Inventories
September ICE NY cocoa (CCU26) on Monday closed down -13 (-0.23%), and September ICE London cocoa #7 (CAU26) closed up…
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Soft Commodities

Sugar Prices Consolidate Recent Losses
October NY world sugar #11 (SBV26) on Monday closed down -0.01 (-0.13%), and October London ICE white sugar #5 (SWV26)…
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