Markets
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Chart of the Day – What is next for July’s strongest currency?
The geopolitically turbulent start of July has brought a strengthening of commodity currencies (among them, the Norwegian krone). However, the…
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WTI Price Consolidates around $79.00, above 200-day EMA and 23.6% Fibo.
WTI enters a bullish consolidation phase below a nearly one-month high, set on Tuesday. Escalating US-Iran tensions and the closure…
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Gold remains depressed as bears shrug off weaker USD amid Fed hike bets
Gold edges lower as the initial market reaction to Tuesday’s soft US consumer inflation fades. Elevated oil prices keep the…
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Wheat Futures Approach 2-Month High
Wheat futures advanced toward $6.50 per bushel in mid-July, reaching their highest level since May 22, as investors weighed mounting…
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Palladium Hits Four-Week High
Palladium rose toward $1,310 per ounce, reaching four-week highs as softer-than-expected US inflation reinforced expectations that the Federal Reserve will…
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Corn Holds Near 1-Month Highs
Corn futures held above $4.3 per bushel, moving near one-month highs, supported by higher crude oil prices and improved US…
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China’s Coal Output Posts Biggest Drop Since 2016
China’s coal production dropped 9.7% year-on-year to 381 million tonnes in June 2026, marking the steepest annual decline since 2016…
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Brent Extends Gains on Fresh US Strikes
Brent climbed above $85 per barrel on Wednesday, advancing for a third consecutive session after the US launched another wave…
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