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Soft Commodities
Arabica Coffee Sharply Lower as Supply Outlook Improves
March arabica coffee (KCH26) on Friday is down -4.45 (-1.29%), and January ICE robusta coffee (RMF26) closed up +4 (+0.11%).…
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Soft Commodities
Cocoa Prices Undercut Amid the Prospects of Abundant Supplies
March ICE NY cocoa (CCH26) on Friday closed down -89 (-1.50%), and March ICE London cocoa #7 (CAH26) closed down…
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Soft Commodities
Sugar Prices Sharply Higher as Funds Close Out Short Positions
March NY world sugar #11 (SBH26) on Friday closed up +0.34 (+2.35%), and March London ICE white sugar #5 (SWH26)…
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Soft Commodities
Cotton Closes with Gains on Friday
Cotton futures closed the Friday session with contracts 20 to 25 points on the day, as March slipped back 8…
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Banks
USD/JPY rises above 157.00 despite BoJ 25bps rate hike – Rabobank
Today’s decision by the BoJ to hike its policy rate by 25 bps as expected has failed to support the…
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Banks
EUR/USD pulls back near 1.1710 on French fiscal headwinds – BBH
EUR/USD softened to 1.1710 after French PM Lecornu confirmed that Parliament will miss year-end budget approval, forcing a special rollover law.…
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Banks
EUR: ECB holds rates steady for fourth meeting – OCBC
The European Central Bank (ECB) kept policy rates unchanged, reinforcing its flexible, data-dependent stance. While not committing to a hike,…
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Banks
GBP: Sterling finds brief relief – ING
The Pound Sterling (GBP) gained modest support after a less-dovish Bank of England (BoE) message, but expectations of further rate…
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Banks
JPY: BoJ hikes, Yen shrugs – Commerzbank
The Bank of Japan (BoJ) raised rates to a 30-year high and signaled further hikes, but the yen weakened as markets judged…
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Banks
EUR: EU agrees €90bn Ukraine loan – ING
EU leaders secured a €90bn loan package for Ukraine, a market-friendly outcome for the Euro (EUR), as EUR/USD drifts toward support near…
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