Markets
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Excessive Rain in the Ivory Coast Boosts Cocoa Prices
July ICE NY cocoa (CCN26) on Monday closed up +382 (+9.22%), and July ICE London cocoa #7 (CAN26) closed up…
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Soybean Prices Struggle at 4-Month Lows
Soybean futures hovered around $11.2 per bushel, pressured near four-month lows, as favourable US crop weather conditions and falling crude…
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Zinc Hovers Near 4-Year High
Zinc futures hovered near $3,600 per tonne, close to a four-year high, as market sentiment improved following progress in US–Iran…
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Aluminum Falls to Near 3-Month Low
Aluminum futures in the UK dropped to around $3,320 in early Asian trading, the lowest since March 27, amid prospects…
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Copper Slides on Weak Supply-Demand Dynamics
Copper futures fell below $6.3 per pound on Tuesday, extending their decline as easing supply concerns combined with softer demand…
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US Futures Trade Muted
US stock futures were flat on Monday, holding the rebound from the last week on fresh optimism that peace in…
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Wheat Falls from 3-Week High
Wheat futures eased to around $6 per bushel, down from a three-week high of $6.13 on June 17, as crude…
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Gold climbs as US-Iran talks make progress, Fed rate hike bets cap upside
Gold rises as signs of progress in US-Iran talks support market sentiment. Higher US Treasury yields and a firm US…
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Euro advances as Eurozone PMIs and Lagarde speeches take focus while Yen stays pressured
EUR/JPY trades around 185.30 on Monday, up 0.16% on the day. Investors await the Eurozone’s preliminary June PMI releases and…
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Markets Dampen Early Optimism; Political Shock in the UK
European share indices have opened the week on a mixed note — the Spanish IBEX 35 is up 0.65 per…
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