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Forex
EUR/JPY Price – Tests upper descending triangle boundary near 183.50
EUR/JPY tests the immediate barrier around the upper descending triangle boundary at 183.40. The 14-day Relative Strength Index near 50…
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Forex
AUD/JPY Price – Positive bias prevails, eyes resistance above 113.50
AUD/JPY trades in positive territory near 113.00 in Wednesday’s early European session. The constructive outlook of the cross remains intact…
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Energies
Iraqi and Kurdish authorities reach deal to resume oil exports to Turkey’s Ceyhan port
Iraq’s oil minister said on Tuesday that the Iraqi government and the Kurdistan Regional Government (KRG) reached an agreement to resume…
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Metals
Zinc Futures Hit Near 2-Month Low
Zinc futures fell to around $3,200 in mid-March, marking its lowest level since January 21, as rising inventories at the…
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Energies
Brent Drops as Supply Concerns Ease
Brent crude futures fell below $101 per barrel on Wednesday, reversing gains from the previous session after Iraq reached a…
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Soft Commodities
Cattle Bulls Feel Lucky with Gains
Live cattle futures were $1.45 to $1.97 in the green on the St. Patrick’s Day close. Cash trade has been…
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Soft Commodities
Sugar Prices Climb on Strength in Crude Oil
May NY world sugar #11 (SBK26) today is up +0.28 (+1.97%), and May London ICE white sugar #5 (SWK26) is…
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Soft Commodities
Coffee Prices Push Higher on Concerns Over Supply Disruptions
May arabica coffee (KCK26) on Tuesday closed up by +1.90 (+0.65%), and May ICE robusta coffee (RMK26) closed up +52…
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Soft Commodities
Cocoa Prices Retreat as Consistent Rains Boost West African Crop Prospects
May ICE NY cocoa (CCK26) on Tuesday closed down -69 (-2.02%), and May ICE London cocoa #7 (CAK26) closed down…
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Soft Commodities
Wheat Fails to See Green on St. Patrick’s Day
Wheat was under pressure on Tuesday, with losses across the three markets. Chicago SRW futures were 5 ¼ to 8…
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