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Soft Commodities
Wheat Finds Support Late
The wheat complex ended the Tuesday session with some strength. Chicago SRW futures were steady to a penny higher in…
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Soft Commodities
Soybean futures flirt with the 200-day moving average
In last week’s post, I mentioned that China’s economy is growing. Its Gross Domestic Product (GDP) will hit the target…
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Soft Commodities
Coffee Prices Sharply Higher on Brazilian Real Strength
March arabica coffee (KCH26) on Tuesday closed up +11.00 (+3.09%), and March ICE robusta coffee (RMH26) closed up +78 (+1.86%).…
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Soft Commodities
Dollar Weakness Sparks Short Covering in Cocoa Futures
March ICE NY cocoa (CCH26) on Tuesday closed up +85 (+1.95%), and March ICE London cocoa #7 (CAH26) closed up…
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Soft Commodities
NY Sugar Finishes Slightly Higher as the Brazilian Real Rallies
March NY world sugar #11 (SBH26) on Tuesday closed up +0.04 (+0.27%), and March London ICE white sugar #5 (SWH26)…
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Soft Commodities
Cotton Rebounds
Cotton futures bounced back on the Tuesday session, with contracts up 71 to 86 points across the front months. Crude…
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Bonds
US 10-Year Yield Muted Ahead of Fed Decision
The yield on the US 10-year Treasury note steadied around 4.24% on Wednesday after rising in the previous session, as…
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Bonds
Japan 10-Year Yield Steady After BOJ Minutes
Japan’s 10-year government bond yield held around 2.27% on Wednesday after minutes from the Bank of Japan’s December policy meeting…
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Forex
South Korean Won Approaches 3-Month High
The South Korean won strengthened to around 1,428 per dollar on Wednesday, extending gains to its strongest level in almost…
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Forex
New Zealand Dollar Hovers Near 6-Month High
The New Zealand dollar fell to around $0.601 on Wednesday but remained near a six-month high, amid expectations of tighter…
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