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Forex

USD/INR drifts lower as traders await Indian/US PMI releases
Indian Rupee edges higher in Wednesday’s Asian session. A softer US dollar and foreign inflows could support the INR, but…
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Forex

GBP/USD remains above 1.3500 as US Dollar comes under pressure from “Sell America” trend
GBP/USD maintains its position as the US Dollar struggles due to economic uncertainty in the US. JOLTS Job Openings posted…
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Metals

XAG/USD bulls have the upper hand near mid-$34.00ish, just below YTD top
Silver consolidates in a narrow trading band just below the YTD peak touched on Monday. The bullish technical setup supports…
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Energies

Crude Prices Settle Higher on Energy Demand Optimism and Canadian Wildfires
July WTI crude oil (CLN25) Tuesday closed up +0.89 (+1.42%), and July RBOB gasoline (RBN25) closed up +0.0263 (+1.28%). Crude…
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Energies

Prospects of Above-Normal US Temps Boost Nat-Gas Prices
July Nymex natural gas (NGN25) on Tuesday closed up by +0.028 (+0.76%). July nat-gas prices on Tuesday added to Monday’s…
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Soft Commodities

Cattle Slip Back, as Beef Takes a Breather
Live cattle futures are pulling back from early strength, with contracts 57 cents to $1.27 lower. Cash trade has yet…
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Soft Commodities

The spring wheat crop is now 95% planted
Wheat futures posted some turnaround action on Tuesday, with contracts down across the three exchanges. Chicago SRW futures were 2…
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Soft Commodities

Soybeans found some recovery
Soybeans found some recovery on Tuesday following recent weakness, with contracts up 4 to 7 ¼ cents on Friday. The…
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Soft Commodities

Corn Turns Higher to Post Gains
Corn futures closed out the Tuesday session with some gains. July was up just ¼ cent as the bear spreading…
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Soft Commodities

Coffee Prices Retreat on Brazil Harvest Pressures
July arabica coffee (KCN25) Tuesday closed down -3.60 (-1.05%), and July ICE robusta coffee (RMN25) closed down -41 (-0.92%). Coffee…
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IPC Index — Mexico Market









