Markets
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Heating Oil Market Tightens as US Inventories Hit Record Low
US heating oil prices remained around $4.25–$4.50 a gallon, more than 80% higher than a year ago, as supplies fell…
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Week Ahead – Aug 31st
Global markets are underpinned by long-term interest rates, which remained elevated at the turn of September amid high energy prices,…
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Hawkish Fed Chair Warsh Boosts the Dollar and Sinks Gold
The dollar index (DXY00) rallied to a 2-week high on Friday and finished up by +0.61%. The dollar jumped on…
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Nat-Gas Prices Fall Ahead of Opening of Texas Pipeline
October Nymex natural gas (NGV26) on Friday closed down -0.026 (-0.89%). Nat-gas prices settled lower on Friday ahead of Energy…
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Dollar Strength and Increased Middle East Oil Flows Weigh on Crude Prices
October WTI crude oil (CLV26) closed down -0.13 (-0.16%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0598 (+2.00%).…
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Falling ICE Inventories Boosted Arabica Coffee Prices
December arabica coffee (KCZ26) closed up +3.20 (+1.03%) on Friday, and November ICE robusta coffee (RMX26) closed down -26 (-0.73%).…
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Cocoa Prices Surged on West African Crop Risks
December ICE NY cocoa (CCZ26) closed up +475 (+7.69%) on Friday, and September ICE London cocoa #7 (CAU26) closed up…
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Sugar Prices Retreated on Long Liquidation Pressures
October NY world sugar #11 (SBV26) closed down -0.63 (-3.46%) on Friday, and October London ICE white sugar #5 (SWV26)…
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Wheat Extended Rally to 3-Year Highs into the Weekend
The wheat complex extended the move to 3-year highs for the winter wheats into the weekend. Chicago SRW contracts rallied…
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Oil Heads for Weekly Loss
Crude oil fell below $83 a barrel on Friday, extending weekly losses to near 5%, as traders increasingly viewed the…
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