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Soft Commodities

Live Cattle Futures Rally as Tight Supplies and Lower Feed Costs Support Prices
Live cattle futures are pushing higher as firm cash cattle values, restricted market-ready supplies and significantly lower year-on-year slaughter continue…
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Markets

Markets in upbeat mood, as UK economy surprises on the upside
Key takeaways Oil prices fall again, which helps sovereign bonds rally Double whammy of good news for the UK Gilt…
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Markets

Swiss chocolate crisis – Lindt cuts sales forecast, shares plunge 8%
Shares of Chocoladefabriken Lindt & Sprüngli (LISN.CH) fell as much as 8.7% on Tuesday, hitting their lowest level since February…
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Markets

AI drives Nikkei 225 gains, oil prices decline
Key takeaways US 30-year bond yields reached 5.56%, marking the highest level since 2002. Japan’s Nikkei 225 gained over 2%,…
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Metals

Gold edges lower as Fed hike bets and Middle East jitters underpin USD
Gold bulls remain on the sidelines amid bets for at least one Fed rate hike by the end of this…
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Forex

EUR/JPY Price Forecast: Slips below 178.00 as bearish bias strengthens
EUR/JPY may fall toward the lower boundary of the descending channel at 176.90. The 14-day Relative Strength Index is at…
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Metals

XAG/USD hangs near eight-week low; bears retain control near $61.00
Silver struggles to capitalize on the previous day’s modest bounce from its lowest level since August. Traders now look forward…
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Forex

Swiss Franc remains near 16-month lows as rate hike odds lift US Dollar
USD/CHF rises amid rising Federal Reserve rate-hike expectations. CME FedWatch suggests that traders price in a 68% chance of an…
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Forex

Euro stays pressured below 1.1350, near YTD low vs bullish USD ahead of US PCE, Q2 GDP
EUR/USD sticks to a negative bias for the third straight day amid a combination of negative factors. ECB President Lagarde’s…
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Forex

GBP/USD Price Forecast: Weakens below 1.3250, technical barriers sustain bearish bias
GBP/USD softens to around 1.3225 in Wednesday’s early European session. The negative outlook of the pair remains intact below the…
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