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Markets

Trade of The Day – GBP/JPY
Facts: The bounced off the lower limit of 1:1 structure at 217.52 Main trend on the pair remains upward Recommendation:…
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Markets

Technical analysis – Is Rheinmetall testing the upper boundary of its descending channel?
Shares of Germany’s largest defense contractor, Rheinmetall, are up nearly 3% today amid a broad-based global rally in defense stocks.…
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Markets

Lockheed Martin and RTX raise guidance. Defense stocks move higher
Key takeaways The largest U.S. defense contractors surprised investors with strong quarterly earnings. Lockheed Martin and RTX shares are up…
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Soft Commodities

Wheat climbs to the highest level since May 2024. Black Sea export risks fuel rally
CBOT wheat futures have climbed above 700 cents per bushel for the first time in months as investors increasingly price…
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Markets

Alphabet and Tesla Weigh on Wall Street, While Oil Prices Renew Investor Concerns
Wall Street remains under pressure today, with the major indices trading on the weaker side of the market. Investors are…
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Bonds

Japan 10-Year Yield Rises on BOJ Rate Hike Bets
Japan’s 10-year government bond yield climbed to around 2.76% on Thursday, rising for a third consecutive session as expectations for…
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Soft Commodities

Soybeans Jump to 14-Month Peak
Soybean futures jumped to around $12.4 per bushel, the highest since May last year as oil prices surged on escalating…
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Forex

Japan Signals Readiness to Act on Yen Weakness
Japan’s Finance Minister Satsuki Katayama said on Wednesday that the government remains prepared to intervene in currency markets if excessive…
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Soft Commodities

Corn Nears 8-Week Top
Corn futures rose above $4.5 per bushel, approaching an eight-week high as higher crude oil prices outweighed better-than-expected US crop…
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Soft Commodities

Wheat Futures Return to Over 2-Year High
Wheat futures climbed to around $6.80 per bushel in late July, returning to their highest level since May 20, 2024,…
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