Markets
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Memory as the Foundation of Modern Cars. Micron and General Motors Sign Strategic Agreement
Micron and General Motors have entered into a long-term agreement for the supply of semiconductor memory used in the American…
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Warsh still uncomfortable with inflation rate, as Meta surges
The first major event risk of the week is now out of the way. Kevin Warsh spoke at the ECB’s…
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United States Dollar Index trades subduedly around 101.35 ahead of US NFP data
The US Dollar Index edges down to near 101.35 ahead of the US NFP data for June. Investors will closely…
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XAU/USD trades with positive bias on softer USD; Fed hike bets cap gains ahead of US NFP
Gold trades with a positive bias for the second straight day amid a modest USD downtick. Elevated Fed hike bets…
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Asian Stocks Fall on Tech-Led Selloff
Asian equity markets declined on Thursday, tracking a technology-led selloff on Wall Street overnight amid lingering concerns about the sustainability…
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Brazil Weather Risks Underpin Coffee Prices
September arabica coffee (KCU26) today is up +1.50 (+0.51%), and September ICE robusta coffee (RMU26) is up +70 (+1.91%). Coffee…
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Excessive West African Rains Support Cocoa Prices
September ICE NY cocoa (CCU26) on Wednesday closed up +14 (+0.28%), and September ICE London cocoa #7 (CAU26) was unchanged.…
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Global Weather Risks Boost Sugar Prices
October NY world sugar #11 (SBV26) on Wednesday closed up +0.17 (+1.15%), and Aug London ICE white sugar #5 (SWQ26)…
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Australian Stocks Hit 3-Week Low as Trade Nerves Weigh
Australian shares slid 41 points, or 0.5%, to 8,680 in early trade on Thursday, marking a third straight decline and…
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Heating Oil Prices Consolidate
US heating oil prices traded around $3.20 per gallon, consolidating near their lowest levels since the Iran war after retracing…
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