Markets
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Heating Oil Prices Decline
US heating oil prices fell toward $3.10 per gallon in June, not far from the three-month low reached on June…
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Gasoline Prices Slip
US gasoline prices fell to around $2.90 per gallon in June, halting a three-day gain, as markets tracked a rapidly…
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Platinum Hits 7-Month Low
Platinum futures fell around $1,660 an ounce, hitting a seven-month low as uncertainty over US–Iran peace negotiations kept inflation risks…
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Soybeans Attempt Rebound
Soybean futures rose above $11.2 per bushel, attempting to rebound from four-month lows as a stronger US dollar was offset…
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Palm Oil Hits Over Two-Week High
Malaysian palm oil futures extended their recent gains, hovering above MYR 4,650 and climbing to their highest level in more…
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Lumber Rises to 8-Month High
Lumber climbed past $630 per thousand board feet, the highest level since October, amid higher effective US import costs on…
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Russian Ruble Eases from 3-Year High
The Russian ruble weakened to 73 per dollar from the three-year high of 70 in late May as the deteriorating…
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Rice Futures Up to Over 1-Week High
Rice futures rose above $12.2 per hundredweight, the highest in over a week, on climate risks and continued Middle East…
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Forecasting The Upcoming Week – US Dollar Loses Momentum Ahead of key U.S. Inflation Data
The week ahead will bring a fresh test for major currency pairs as investors digest the first Federal Reserve (Fed) policy decision under Chair…
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Silver Price Forecast: XAG slides below 200-day SMA, bears target $61
Silver breaks below 200-day SMA as sellers regain control. RSI remains bearish, though downside momentum begins losing steam. Break below…
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