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Soft Commodities

Sugar Prices Fall on Ample Supplies
May NY world sugar #11 (SBK26) on Monday closed down -0.10 (-0.72%), and Aug London ICE white sugar #5 (SWQ26)…
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Forex

GBP/JPY slides to 215.25 after BoJ’s hawkish pause; downside seems limited
GBP/JPY retreats further from a multi-year top as the BoJ’s hawkish outlook boosts the JPY. A 6-3 vote split and…
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Metals

XAG/USD slips below $74.50 on war driven inflation
Silver declines as the US–Iran conflict fuels inflation, boosting expectations of prolonged or tighter central banks’ policy. Tehran signaled that…
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Forex

EUR/JPY slips below 186.50 following BoJ policy decision
EUR/JPY holds losses after the Bank of Japan policy decision. The BoJ kept its short-term rate at 0.75% on Tuesday,…
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Forex

Canadian Dollar dips vs USD; Oil strength to limit losses and cap USD/CAD
USD/CAD edges higher during the Asian session on Tuesday, though the upside seems limited. The uncertainty over US-Iran peace talks…
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Forex

GBP softens as markets await Fed and BoE rate decisions
GBP/USD drifts lower to near 1.3525 in Tuesday’s early Asian session. Fed is widely expected to leave rates unchanged at…
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Forex

AUD/JPY holds losses below 114.50 as BoJ keeps rate steady at 0.75%
AUD/JPY loses ground to around 114.30 in Tuesday’s Asian session. BoJ kept the policy rate unchanged at 0.75% at its…
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Energies

WTI rises to near $95.50 as Strait of Hormuz remains shut
WTI rises as the Strait of Hormuz remains largely shut, tightening Middle East supplies. Oil gains may be capped as…
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Metals

Gold struggles below $4,700 as US-Iran tensions support USD ahead of FOMC meeting
Gold remains depressed for the second straight day as US-Iran peace talks uncertainty underpins the USD. The Hormuz standoff keeps…
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Markets

Europe Rebounds Despite Mixed Reports on Iran
European stock indices opened Monday’s session with slight gains—the German DAX rose 0.86%, the Italian FTSE MIB rose 0.51%, and…
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