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Week Ahead: A US debt downgrade and UK CPI
This week we should be talking about how in May, US equities have outperformed their European counterparts. However, instead the…
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NZD/USD sticks to modest intraday gains below 0.5900 amid softer USD
NZD/USD gains positive traction at the start of a new week amid a modest USD downtick. The mixed Chinese macro…
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Cattle Markets Make New All-Time Highs, Hogs Higher
June Lean Hogs gap opened higher and Raced to the session high at 99.875. Thee rally stalled below resistance at 100.075…
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Commodities – Oil, Natgas, Gold And Cocoa
Oil OPEC+ has agreed to another substantial production increase for June, once again by 411,000 barrels per day, mirroring the…
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Soybeans Hold Gains on Tuesday
Soybean futures popped higher on Tuesday, with contracts fractionally to 6 cents higher, led by the nearbys. CmdtyView’s national front…
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Wheat Falls on Monday, with NASS Ratings Slipping
The wheat market posted Monday losses across the three exchanges. Chicago SRW futures were down 10 to 11 cents in the…
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WTI drifts lower below $61.00 amid uncertainty on Trump trade war
WTI price edges lower to near $60.80 in Wednesday’s early Asian session. OPEC cut its oil demand growth forecast for…
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USD/INR rises as Trump’s “Liberation Day” looms
The Indian Rupee edges lower in Wednesday’s Asian session. Trump is set to implement tariffs on US trading partners on…
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Economic Calendar – German IFO And U.S Housing Datain Focus
Today’s economic calendar features German business sentiment readings, US housing data, and consumer confidence figures. Markets will be monitoring these…
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JPY slides to three-week low against USD; lacks follow-through selling
The Japanese Yen continues to lose ground as the risk-on mood undermines safe-haven assets. The USD stands near a multi-week…
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