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Economics

Economic Calendar – Labour Market Data And Trade Deals in Focus
Among today’s key macroeconomic releases are the U.S. labor market report — ADP, the PMI and ISM services data, as…
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Energies

WTI eases amid a stronger USD, but remains close to $63.00
Oil corrects lower following a 3.5% rally over the last two days. US Dollar’s recovery from six-week lows is weighing…
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Metals

Gold price trades with positive bias above $3,350, remains close to multi-week top
Gold price regains positive traction following the overnight pullback from a multi-week peak. Fed rate cut bets and US fiscal…
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Forex

EUR/USD hovers below 1.1400 as Eurozone inflation falls below ECB’s 2% target
EUR/USD maintains its position as the US Dollar depreciates due to US economic uncertainty. JOLTS Job Openings reported 7.39 million…
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Forex

USD/INR drifts lower as traders await Indian/US PMI releases
Indian Rupee edges higher in Wednesday’s Asian session. A softer US dollar and foreign inflows could support the INR, but…
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Forex

GBP/USD remains above 1.3500 as US Dollar comes under pressure from “Sell America” trend
GBP/USD maintains its position as the US Dollar struggles due to economic uncertainty in the US. JOLTS Job Openings posted…
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Metals

XAG/USD bulls have the upper hand near mid-$34.00ish, just below YTD top
Silver consolidates in a narrow trading band just below the YTD peak touched on Monday. The bullish technical setup supports…
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Energies

Crude Prices Settle Higher on Energy Demand Optimism and Canadian Wildfires
July WTI crude oil (CLN25) Tuesday closed up +0.89 (+1.42%), and July RBOB gasoline (RBN25) closed up +0.0263 (+1.28%). Crude…
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Energies

Prospects of Above-Normal US Temps Boost Nat-Gas Prices
July Nymex natural gas (NGN25) on Tuesday closed up by +0.028 (+0.76%). July nat-gas prices on Tuesday added to Monday’s…
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Soft Commodities

Cattle Slip Back, as Beef Takes a Breather
Live cattle futures are pulling back from early strength, with contracts 57 cents to $1.27 lower. Cash trade has yet…
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