Markets
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WTI consolidates below $72.00 as traders monitor geopolitical developments
WTI is seen consolidating in a range as traders seem hesitant amid mixed US-Iran messaging. Exchanges of fire between the…
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Dollar Falls for Third Straight Session
The dollar index fell toward 100.5 on Friday, extending losses for a third straight session as reports that the US…
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Coffee Prices Sharply Higher in Illiquid Market
September arabica coffee (KCU26) on Thursday closed up +38.10 (+12.30%), and September ICE robusta coffee (RMU26) closed up +302 (+8.07%).…
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Cocoa Prices Settle Sharply Higher on Signs of Recovering Demand
September ICE NY cocoa (CCU26) on Thursday closed up +403 (+6.66%), and September ICE London cocoa #7 (CAU26) closed up…
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Brazilian Real Strength Supports Sugar Prices
October NY world sugar #11 (SBV26) on Thursday closed up +0.01 (+0.07%), and Aug London ICE white sugar #5 (SWQ26)…
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Another poker play by Michael Burry
Michael Burry, the investor known for correctly betting against the U.S. housing market ahead of the 2008 crisis, has revealed…
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Defense stocks fall after NATO Summit – Rheinmetall drops 4%, KNDS suspends IPO
Key takeaways Rheinmetall is down nearly 4% despite maintaining a highly favorable long-term outlook for European defense spending. Investors are…
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