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Soft Commodities

Soybeans Trade Near Multi-Week High
Soybeans traded above $12.20 per bushel, hovering near multi-week highs as strong demand offset a limited increase in US crop…
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Metals

Iron Ore Weakens Despite China Stimulus
Iron ore futures hovered around CNY 710 per ton, with underlying demand concerns persisting despite fresh Chinese stimulus signals. China’s…
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Forex

Indian Rupee strengthens due to strong capital inflows, RBI support
Indian Rupee receives support from capital inflows and expected RBI support. Declining crude offers relief to INR, but pending US…
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Markets

Canada’s Carney: Retaliatory tariffs will start September 8
The United States (US) imposed 50% tariffs on some Canadian products on Saturday after trade talks between the two countries…
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Forex

Euro holds steady against US Dollar amid US debt strategy
EUR/USD gains as the US Dollar declines on US Treasury bond buyback plans Escalating US-Iran geopolitical tensions could drive safe-haven…
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Forex

British Pound holds near Feb. 11 highs vs weak USD as bulls await breakout above 1.3660
GBP/USD maintains its bid tone for the fourth straight day amid the prevailing USD selling bias. Reduced Fed rate-hike bets…
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Energies

WTI slips below $85.00 as traders take profits before new US sanctions on Iran
Investors take profits ahead of stricter US sanctions targeting Iranian oil exports and trading partners. Middle East tensions and Strait…
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Gold

Gold gains momentum above $4,600 on US Treasury buyback plans
Gold price edges higher to near $4,625 in Monday’s early Asian session. Bessent said he may increase the government’s repurchases…
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Forex

Canadian Dollar bears seem hesitant as weak USD counters US-Canada trade war
USD/CAD kicks off the new week on a positive note, though it lacks follow-through buying. US-Canada trade war fears and…
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Forex

Japanese Yen advances on BoJ rate hike bets, subdued US Dollar
USD/JPY falls as two months of accelerating Japanese inflation heightened expectations for a September BoJ rate hike. The US Dollar…
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