Markets
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Crude Oil Surges as Strait of Hormuz Remains Closed
April WTI crude oil (CLJ26) on Thursday closed up +8.48 (+9.72%), and April RBOB gasoline (RBJ26) closed up +0.1763 (+6.32%).…
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Chart of The Day – EUR/USD
The EURUSD pair remains under downward pressure, trading around 1.1530 USD per euro. Today’s price movements are being shaped by both global…
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Cattle Futures Fall Amid JBS Plant Strike While Corn Futures Rise
US cattle futures (CATTLE) remain under downward pressure, as the market reacts to deteriorating macro sentiment (a pullback on Wall…
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Chubb to Insure Ships Crossing The Strait of Hormuz
US insurance giant Chubb (CB.US) has been designated as the lead insurer in a program supported by the U.S. International Development Finance…
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EU Natural Gas Extends Advance
European natural gas futures climbed further toward €52/MWh on Thursday, as the Middle East war continued to disrupt LNG shipments…
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Higher Oil Prices Are Here to Stay
The oil price surged above $100 per barrel at one stage on Thursday morning, although it is backing away from…
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Trade of The Day – NZD/CAD
Facts: Short term sentiment remains downward from the beginning of FebruaryThe price reacted to the upper limit of 1:1 structure at…
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The Market Overview
Despite rising tensions in the Middle East, the Wall Street session ended on a relatively mixed note. The Dow Jones…
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Iron Ore Extends Rally on Mideast Disruptions
Iron ore futures climbed above CNY 790 per ton, reaching near two-month highs as the intensifying conflict in the Middle…
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Gold sticks to modest losses as reduced Fed rate cut bets boost U.S bond yields and USD
Gold drifts lower for the second straight day on Thursday, though it lacks follow-through selling. Rising Oil prices revive inflation…
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