Markets
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Gold finds some support ahead of $4,300 as USD remains depressed on receding Fed hike bets
Gold attracts some follow-through selling for the second consecutive day on Friday. Geopolitical risks act as a tailwind for the…
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Iron Ore Rises on Improving Fundamentals
Iron ore futures climbed above CNY 710 per ton, recovering modestly from multi-month lows as signs of tightening supply and…
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US Stocks Hold Slight Gains After PPI
US equity futures remained slightly higher amid soft producer price data, while AI companies mostly held their recent gains. The…
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Another round of inflation figures from the US – what did they reveal?
US Initial Jobless Claims Rise More than Expected The number of people claiming unemployment benefits in the US rose by…
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Moller-Maersk Gains 7% Amid Tensions Around the Strait of Hormuz
Shares in the Danish shipping giant A.P. Moller-Maersk A/S (MAERSKB.DK) rose by as much as 8.7% on Thursday, reaching their…
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Coffee Down 5% on ICE. Profit-Taking Hits the Market Despite Low Arabica Inventories
Arabica coffee futures on ICE are down around 5% today, pulling back sharply after the strong rebound from their June…
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Orange Juice Futures Near Multi-Year Lows – What Does the CoT Report Show?
ICE-listed orange juice futures (ORANGE) are trading near multi-year lows, while the latest Commitments of Traders report for Frozen Concentrated…
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Oil declines under the weight of inventories
Brent Crude loses over 1% due to long-term forecasts and an unexpected increase in US commercial inventories Oil prices are…
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Green Open in Europe. Adyen Shares Jump 10% After Earnings
European indices opened Thursday’s session slightly higher, with sentiment supported primarily by US inflation data that came in broadly in…
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Chart of The Day – GBP/USD down on slower UK GDP growth! Unbreakable sideways trend?
The pound snaps its winning streak following the release of the latest UK GDP data. Economic growth slowed noticeably, although…
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