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Banks

EUR/GBP: Confusing picture on BoE communication – ING
ING’s Chris Turner describes Sterling price action as confusing after the Bank of England’s latest communication. While he sees the BoE laying…
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Markets

Three Markets to Watch Next Week: USDJPY, US500, OIL
ey takeaways BoJ Intervention Confirmed: Bank of Japan data points to a massive 5.4 trillion yen intervention triggered after USDJPY…
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Markets

FX markets steal the limelight, as US stocks start May on a high note
The main focus on Friday is the FX markets, as the fallout from the energy price spikes cause havoc in…
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Markets

Chart of The Day – Intervention on the Yen? Tokyo Challenges Speculators
Intervention at 160: Breaking the psychological USDJPY barrier forced Tokyo to act, pushing the rate down to 155 amid low…
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Soft Commodities

Corn Post Correction to Closeout April
Corn futures posted modest losses to close out April with contracts ¼ to 3 ½ cents. There were 19 delivery…
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Soft Commodities

Expectations of a Bigger Brazilian Coffee Crop Weigh on Coffee Prices
July arabica coffee (KCN26) on Thursday closed down -5.15 (-1.77%), and July ICE robusta coffee (RMN26) closed down -81 (-2.35%).…
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Soft Commodities

Cocoa Prices Jump as Chocolate Demand Remains Steady
July ICE NY cocoa (CCN26) on Thursday closed up +159 (+4.66%), and May ICE London cocoa #7 (CAK26) closed up…
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Soft Commodities

Sugar Prices Settle Lower as the USDA Projects a Sugar Surplus in India
May NY world sugar #11 (SBK26) on Thursday closed down -0.10 (-0.68%), and Aug London ICE white sugar #5 (SWQ26)…
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Soft Commodities

Cotton Sees Front Month Limit Gains
Cotton futures closed the Thursday session gains of the 3 cent limit in July, with in delivery May up 3…
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Indices

NZX 50 Closes Higher, Snaps Two-Week Losing Streak
The NZX 50 climbed 136 points, or 1.1%, to close at 12,996 on Friday, erasing losses in morning trade and…
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