Markets
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Sugar Prices Slip as Monsoon Rains Improve in India
October NY world sugar #11 (SBV26) on Wednesday closed down -0.03 (-0.20%), and Aug London ICE white sugar #5 (SWQ26)…
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BlackRock shares jump 5% after earnings. What did the Wall Street giant report?
Key takeaways BlackRock shares rise after stronger-than-expected earnings The firm now manages $15.34 trillion in assets Earnings per share and…
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The AI trade powers on, as luxury stocks surge
Key takeaways ASML eases fears about sustainability of AI trade The two-tier AI trade The US’s Goldilocks moment China growth…
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Chart of the Day – What is next for July’s strongest currency?
The geopolitically turbulent start of July has brought a strengthening of commodity currencies (among them, the Norwegian krone). However, the…
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WTI Price Consolidates around $79.00, above 200-day EMA and 23.6% Fibo.
WTI enters a bullish consolidation phase below a nearly one-month high, set on Tuesday. Escalating US-Iran tensions and the closure…
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Gold remains depressed as bears shrug off weaker USD amid Fed hike bets
Gold edges lower as the initial market reaction to Tuesday’s soft US consumer inflation fades. Elevated oil prices keep the…
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Wheat Futures Approach 2-Month High
Wheat futures advanced toward $6.50 per bushel in mid-July, reaching their highest level since May 22, as investors weighed mounting…
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Palladium Hits Four-Week High
Palladium rose toward $1,310 per ounce, reaching four-week highs as softer-than-expected US inflation reinforced expectations that the Federal Reserve will…
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