# Today Markets > UAE Financial Markets ## Posts - [EUR/USD Falls toward 1.0800 after breaking below nine-day EMA](https://todaymarkets.ae/eur-usd-falls-toward-1-0800-after-breaking-below-nine-day-ema/): The EUR/USD continues its decline for the third consecutive session, hovering around 1.0830 during Friday’s Asian trading hours. The technical analysis of the daily chart suggests growing selling pressure and a possible trend reversal, as the pair has fallen below the ascending channel pattern. Furthermore, the EUR/USD pair has dropped below the nine-day Exponential Moving Average (EMA), signaling weaker … - [Global markets brace for Trump tariffs set to come into force on April 2.](https://todaymarkets.ae/global-markets-brace-for-trump-tariffs-set-to-come-into-force-on-april-2/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Crude Prices Higher as US Tightens Sanctions on Iranian Oil](https://todaymarkets.ae/crude-prices-higher-as-us-tightens-sanctions-on-iranian-oil/): April WTI crude oil (CLJ25) Thursday closed up +1.10 (+1.64%), and April RBOB gasoline (RBJ25) closed up +0.0215 (+0.99%). Crude oil and gasoline prices advanced Thursday after the US ramped up sanctions on Iranian crude exports.  Crude prices also garnered support from Thursday’s better-than-expected US economic news, a supportive factor for energy demand.  Gains in … - [Nat-Gas Prices Fall Sharply as EIA Inventories Climb](https://todaymarkets.ae/nat-gas-prices-fall-sharply-as-eia-inventories-climb/): April Nymex natural gas (NGJ25) on Thursday closed down -0.272 (-6.40%). April nat-gas prices on Thursday fell sharply after weekly EIA supplies rose more than expected.  Also, warmer-than-normal weather is forecast across the US for the rest of this month, reducing heating demand for nat-gas.  The EIA reported Thursday that nat-gas inventories for the week … - [U.S. Copper Crisis: Can Freeport-McMoRan Secure ‘Critical’ Status for the Energy Metal?](https://todaymarkets.ae/u-s-copper-crisis-can-freeport-mcmoran-secure-critical-status-for-the-energy-metal/): Copper is essential for any modern technology. It powers electrical grids and supports clean energy. It’s also used in electronics and vehicles. The U.S. relies a lot on foreign copper supplies. This raises big concerns about supply security. Recently, President Donald Trump ordered an investigation into possible tariffs on copper imports. These tariffs might help U.S. mining … - [The Cotton Futures Market Is Still Struggling. Look for These 5 Early Signs of a Price Bottom.](https://todaymarkets.ae/the-cotton-futures-market-is-still-struggling-look-for-these-5-early-signs-of-a-price-bottom/): The cotton futures (CTK25) market has been losing ground for more than a year, and this month, prices dropped to a 4.5-year low, basis nearby ICE futures. There are bearish fundamental supply and demand elements that have been pressing the natural fiber’s price down. Let’s examine them, how they may change in the coming months, and what … - [Sugar Prices Supported by a Lower Supply Outlook](https://todaymarkets.ae/sugar-prices-supported-by-a-lower-supply-outlook/): May NY world sugar #11 (SBK25) Thursday closed up +0.31 (+1.57%), and May London ICE white sugar #5 (SWK25) closed up +6.60 (+1.18%). Sugar prices posted moderate gains on Thursday, just below Tuesday’s significant highs.  Sugar prices have rallied over the past two weeks, with NY sugar posting a 3-week high Tuesday and London sugar … - [Arabica Coffee Posts a 2-Week High on Brazil Crop Concerns](https://todaymarkets.ae/arabica-coffee-posts-a-2-week-high-on-brazil-crop-concerns/): May arabica coffee (KCK25) Thursday closed up +1.10 (+0.28%), and May ICE robusta coffee (RMK25) closed down -30 (-0.548%). Coffee prices Thursday settled mixed, with arabica climbing to a 2-week high.   Insufficient rain in Brazil threatens coffee crops and is bullish for prices.  Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing area … - [Where is Support in the Cocoa Futures Market?](https://todaymarkets.ae/where-is-support-in-the-cocoa-futures-market/): I asked if cocoa futures prices were running out of upside steam in a January 28, 2025, Barchart article. I wrote: Commodity markets experience price cyclicality over time. Prices tend to rise to levels where production increases, inventories grow, and consumers reduce purchases, leading to price tops. They often fall to levels where production declines, inventories … - [XAUUSD slides back closer to the overnight swing low amid modest USD uptick](https://todaymarkets.ae/xauusd-slides-back-closer-to-the-overnight-swing-low-amid-modest-usd-uptick/): Gold price (XAU/USD) meets with a fresh supply during the Asian session on Friday and slides to the $3,030 area in the last hour, back closer to the overnight swing low. The US Dollar (USD) trades with a positive bias for the third successive day and prompts bulls to lighten their bets around the commodity heading into … - [NZD/USD remains depressed around mid-0.5700s amid mildly positive USD](https://todaymarkets.ae/nzd-usd-remains-depressed-around-mid-0-5700s-amid-mildly-positive-usd/): The NZD/USD pair struggles to capitalize on the overnight bounce from the 0.5725-0.5720 area and attracts fresh sellers during the Asian session on Friday. Spot prices currently trade with mild negative bias around mid-0.5700s, down for the third straight day amid a modest US Dollar (USD) uptick. The Federal Reserve (Fed) earlier this week maintained its forecast for only two 25 … - [USD/CAD edges higher to near 1.4350 amid weakening investor sentiment](https://todaymarkets.ae/usd-cad-edges-higher-to-near-1-4350-amid-weakening-investor-sentiment/): USD/CAD attempts to recover from recent losses, trading around 1.4330 during Asian hours on Friday. The pair may find support as the US Dollar (USD) strengthens on safe-haven demand amid rising global trade tensions driven by US tariff policies. Federal Reserve (Fed) Chair Jerome Powell downplayed the inflationary impact of tariffs, calling it temporary but acknowledged the broader economic … - [Market Recap](https://todaymarkets.ae/market-recap/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Change in The Air as Apple Contemplates Changing Siri Development Team](https://todaymarkets.ae/change-in-the-air-as-apple-contemplates-changing-siri-development-team/): According to Bloomberg reports, Apple has decided to make changes among the executives responsible for Siri’s development. Mike Rockwell, previously working on Vision Pro, is now set to lead the team responsible for Apple’s assistant. The Vision Pro team will now be headed by Paul Maede, who previously managed the hardware division of Vision Pro. … - [BOC Governor Macklem, Trade Tensions Limit Rate Cut Options](https://todaymarkets.ae/boc-governor-macklem-trade-tensions-limit-rate-cut-options/): In a recent Calgary speech, Bank of Canada Governor Tiff Macklem warned that inflation risks from the US-Canada trade dispute are constraining the central bank’s ability to cut interest rates to boost growth. Key Points: Macklem highlighted specific concerns for Canada’s regional economies, including Alberta’s energy sector, Prairie agricultural industries, and Ontario and Quebec’s steel … - [U.S Commerce Secretary Comments Halt The Slide in Tesla Stock](https://todaymarkets.ae/u-s-commerce-secretary-comments-halt-the-slide-in-tesla-stock/): U.S. Commerce Secretary Howard Lutnick used a Fox News appearance to recommend that the public buy shares of Elon Musk’s car company, saying that “…it’s unbelievable that ‘this guy’s’ stock is this cheap. It’s never going to be this cheap again,” he added. Looking at the range from 2024, the forward-looking PE ratio is below … - [JPY drifts lower after Japan’s inflation data; bullish bias remains](https://todaymarkets.ae/jpy-drifts-lower-after-japans-inflation-data-bullish-bias-remains/): The Japanese Yen (JPY) edges lower during the Asian session on Friday after data released from Japan showed that the annual National Consumer Price Index (CPI) slowed in February. This, along with a modest US Dollar (USD) uptick, assists the USD/JPY pair to build on the overnight bounce from the weekly low and move back above the 149.00 mark … - [GBP/USD consolidates above mid-1.2900s; remains close to multi-month peak](https://todaymarkets.ae/gbp-usd-consolidates-above-mid-1-2900s-remains-close-to-multi-month-peak/): The GBP/USD pair lacks any firm intraday direction on Friday and oscillates in a narrow trading band, around the 1.2960 area during the Asian session. Spot prices, however, remain close to the highest since early November – levels beyond the 1.3000 psychological mark touched on Thursday – and remain at the mercy of the US Dollar (USD) … - [USD/INR remains subdued despite stronger US Dollar, rising Oil prices](https://todaymarkets.ae/usd-inr-remains-subdued-despite-stronger-us-dollar-rising-oil-prices/): The Indian Rupee (INR) remains stable against the US Dollar (USD) during the Asian trading hours on Friday, with USD/INR holding near a seven-week low of 86.20, recorded on Thursday. However, further downside of the pair may be limited as the Greenback gains strength amid rising risk aversion driven by concerns over US tariff policies. The INR also faces … - [GBP/USD Tests nine-day EMA barrier near 1.2950 amid a bullish bias](https://todaymarkets.ae/gbp-usd-tests-nine-day-ema-barrier-near-1-2950-amid-a-bullish-bias/): The GBP/USD pair loses ground after registering gains in the previous two sessions, trading around 1.2930 during the Asian hours on Wednesday. The technical analysis of the daily chart indicates a continued bullish bias, with the pair consolidating within an ascending channel pattern. The 14-day Relative Strength Index (RSI) is positioned above 50, reinforcing strong … - [XAU/USD holds above $3,000 mark; lacks bullish conviction amid positive risk tone](https://todaymarkets.ae/xau-usd-holds-above-3000-mark-lacks-bullish-conviction-amid-positive-risk-tone/): Gold price (XAU/USD) trades comfortably above the $3,000 psychological mark for the second straight day on Wednesday, though it remains below the previous day’s swing high. Persistent uncertainty over US President Donald Trump’s so-called reciprocal tariff plans for next week continues to underpin the safe-haven bullion. Meanwhile, the US Dollar (USD) bulls remain on the … - [USD/CHF holds gains near 0.8850 as US Dollar advances due to prevailing market caution](https://todaymarkets.ae/usd-chf-holds-gains-near-0-8850-as-us-dollar-advances-due-to-prevailing-market-caution/): The USD/CHF pair rebounds after two consecutive days of losses, trading around 0.8840 during Asian hours on Wednesday. The pair strengthens as the US Dollar (USD) finds support amid prevailing market caution ahead of US President Donald Trump’s upcoming tariff announcement on April 2. The US Dollar Index (DXY), which measures the USD against six … - [UK CPI expected to edge slightly lower in February, increasing odds of BoE easing](https://todaymarkets.ae/uk-cpi-expected-to-edge-slightly-lower-in-february-increasing-odds-of-boe-easing/): The United Kingdom’s (UK) Office for National Statistics (ONS) will publish the highly anticipated Consumer Price Index (CPI) data for February on Wednesday at 07:00 GMT. The Pound Sterling (GBP) could experience intense volatility following the UK CPI inflation report, as it is likely to alter the market’s expectations for the Bank of England’s (BoE) … - [WTI Moves Lower on Partial Ceasefire](https://todaymarkets.ae/wti-moves-lower-on-partial-ceasefire/): Ukraine agrees to implement a partial ceasefire, Russia will not attack energy infrastructure 📄🖋️ Crude oil pulls back quite significantly after initial gains in the first part of the session, following news of a partial ceasefire agreement in Ukraine. Russia is said to have agreed, as part of the partial ceasefire, not to attack Ukraine’s … - [Indices Trying to Maintain Yesterday's Gains](https://todaymarkets.ae/indices-trying-to-maintain-yesterdays-gains/): Yesterday’s session on the US stock market ended with clear gains in the main stock indices. These gains were mainly driven by positive geopolitical news – lighter US tariffs, which outweighed weaker macroeconomic data, such as a lower PMI reading for the manufacturing sector. Today, at the opening of the cash session, the indices are trying … - [Talking Commodities - Oil, NATGAS, Corn And Cocoa](https://todaymarkets.ae/5640-2/): Oil Crude oil inventories are rising in line with seasonality, although they remain clearly below levels seen a year ago and below the 5-year average. Source: Bloomberg Finance LP, XTB The crack spread remains elevated, which may suggest potential for a rebound in oil prices in the coming weeks. However, it is important to remember … - [USDIDX Gains Depite Weaker CB Consumer Confidence Report](https://todaymarkets.ae/usdidx-gains-depite-weaker-cb-consumer-confidence-report/): US CB Consumer Confidence Actual 92.9 (Forecast 94, Previous 98.3, Revised 100.1) Average 12-month inflation expectations rose again, from 5.8% in February to 6.2% in March. US consumers remained concerned about high prices for key household staples like eggs and the impact of tariffs. The material on this page does not constitute financial advice and … - [Silver Surges 2% Bolstering Shares In Silver Miners Stocks](https://todaymarkets.ae/silver-surges-2-bolstering-shares-in-silver-miners-stocks/): Silver gains today more than 2% as gold gains 0.5%, and US Dollar weakens slightly, despite a little higher 10-yr treasury yields and flat 2-yr treasuries. Rising silver price signals still strong demand on safe haven assets and may be a mix of a different market factors such as a little more dovish Fed stance, … - [Trade of The Day - AUD/CAD](https://todaymarkets.ae/trade-of-the-day-aud-cad/): Facts:  The main trend on AUDCAD remains downward The price reached the upper limit of 1:1 structure Recommendation:  Trade: Short AUDCAD at market price Target: 0.8975, 0.8953 Stop: 0.9048 Opinion: Looking at the H1 interval, AUDCAD has been trading in a downward trend recently.  Following an upward correction, the price reached the key resistance, marked with … - [VIX Hits One Month Low as Wall Street Rebound Triggers 32% Implied Volatility Crush](https://todaymarkets.ae/vix-hits-one-month-low-as-wall-street-rebound-triggers-32-implied-volatility-crush/): CBOE VIX Volatility Index Futures (VIX) are trading 0.5% lower today, reaching levels last seen on February 27. The past two weeks have brought intense pressure on traders and institutions hedging against further volatility (fear) in the U.S. equity market. Today US500 and US100 are up almost 0.4%. Of course, before then, we’ll also see more quarterly … - [AUD/USD - Recommendation From Credit Agricole](https://todaymarkets.ae/aud-usd-recommendation-from-credit-agricole/): Credit Agricole has issued a recommendation for the AUDUSD currency pair. Credit Agricole recommends taking a long position on the pair with the following levels: Credit Agricole recommends taking a long position on AUDUSD at the market price with a target of 0.6429 and a Stop Loss order at 0.6150. Source: xStation5 ​ The material … - [European Stocks in The Green While Car Sales Slump Across The Region](https://todaymarkets.ae/european-stocks-in-the-green-while-car-sales-slump-across-the-region/): Overall market situation: European stocks are gaining in today’s session after the German IFO survey indicated an improvement in business sentiment in the region’s largest economy, days after news of party approval in the Bundestag for the implementation of changes to the debt ceiling and €500 billion in investments in the arms and renewable energy sectors. … - [German IFO Sentiment Index Slightly Higher Than Expectations](https://todaymarkets.ae/german-ifo-sentiment-index-slightly-higher-than-expectations/): 09:00 – German Ifo Business Climate for March The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you … - [The energy sector and autos are leading European stocks higher.](https://todaymarkets.ae/the-energy-sector-and-autos-are-leading-european-stocks-higher/): The risk rally is fading as we move into Tuesday, after a stunning rally for US stocks at the start of the week. The markets are reacting to news flow as we lead up to the April 2nd deadline for US reciprocal tariffs. At the start of this week investors had taken comfort from the fact … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-5/): The Japanese Yen strengthened Tuesday, pulling USD/JPY down from a three-week high near 151.00 as markets digest hawkish signals from the Bank of Japan’s January meeting minutes. BoJ Signals Further Rate Hikes Minutes from the BoJ’s January meeting revealed growing confidence among policymakers, with several members discussing conditions for future rate increases despite maintaining that … - [Economic Calendar - German IFO And U.S Housing Datain Focus](https://todaymarkets.ae/economic-calendar-german-ifo-and-u-s-housing-datain-focus/): Today’s economic calendar features German business sentiment readings, US housing data, and consumer confidence figures. Markets will be monitoring these indicators for signs of economic health amid ongoing trade tensions, with central bank speakers including Fed’s Williams and Bundesbank’s Nagel potentially offering policy insights. Key Economic Data by Country (GMT) 09:00 – German Ifo Business Climate Data … - [USD/INR rebounds on hopes for softer Trump tariff stance](https://todaymarkets.ae/usd-inr-rebounds-on-hopes-for-softer-trump-tariff-stance/): The Indian Rupee (INR) softens on Tuesday after closing stronger for the ninth consecutive session in the previous session. The persistent US Dollar (USD) sales from foreign banks and a sign of revival in foreign inflows provide some support to the Indian currency, helping the INR claw back all of its losses in 2025 so far. Nonetheless, … - [USD/CAD climbs above 1.4300, upside potential appears as Trump’s tariff announcement looms](https://todaymarkets.ae/usd-cad-climbs-above-1-4300-upside-potential-appears-as-trumps-tariff-announcement-looms/): USD/CAD is trading around 1.4320 during Tuesday’s Asian session, recovering after losses in the previous session. The risk-sensitive pair is gaining as traders remain cautious ahead of US President Donald Trump’s scheduled tariff announcement on April 2. However, the Canadian Dollar (CAD) found support as Trump hinted that “a lot” of countries could receive exemptions, though … - [EUR/GBP consolidates above mid-0.8300s, remains close to three-week low set on Monday](https://todaymarkets.ae/eur-gbp-consolidates-above-mid-0-8300s-remains-close-to-three-week-low-set-on-monday/): The EUR/GBP cross oscillates in a narrow trading band during the Asian session on Tuesday and remains well within striking distance of a nearly three-week low, around the 0.8345 region touched the previous day. The British Pound (GBP) continues with its relative outperformance on the back of the Bank of England’s (BoE) hawkish stance, which, … - [USD/CHF weakens below 0.8850 amid geopolitical tensions](https://todaymarkets.ae/usd-chf-weakens-below-0-8850-amid-geopolitical-tensions/): The USD/CHF pair weakens to around 0.8830 during the Asian trading hours on Tuesday, pressured by a decline in the US Dollar (USD). Traders will keep an eye on the US Conference Board’s Consumer Confidence gauge, New Home Sales and the Richmond Fed Manufacturing Index, which will be released later on Tuesday.  Data released by the S&P Global on Monday showed … - [EUR/JPY Tests 163.00 barrier after breaking above nine-day EMA](https://todaymarkets.ae/eur-jpy-tests-163-00-barrier-after-breaking-above-nine-day-ema/): EUR/JPY holds little losses near 162.80 during Tuesday’s Asian session after two consecutive days of gains. Technical analysis of the daily chart shows the currency cross trending within an ascending channel, reinforcing a bullish outlook. Additionally, the 14-day Relative Strength Index (RSI) stays above 50, strengthening the bullish outlook for the EUR/JPY cross. The cross also holds above … - [Ueda speech: Still need some time to consider what to do with BoJ’s ETF holdings](https://todaymarkets.ae/ueda-speech-still-need-some-time-to-consider-what-to-do-with-bojs-etf-holdings/): Speaking before the Japanese parliament on Tuesday, Bank of Japan (BoJ) Governor Kazuo Ueda said, the central bank “still need some time to consider what to do with BoJ’s ETF holdings.” Additional quotes Must think about valuation and market rout risks when offloading BoJ’s ETF holdings. BoJ’s massive JGB holdings have stock effect that would slightly lower … - [XAU/USD price consolidates above $3,000; downside potential seems limited](https://todaymarkets.ae/xau-usd-price-consolidates-above-3000-downside-potential-seems-limited/): Gold price (XAU/USD) struggles to gain any meaningful traction during the Asian session on Tuesday, though it holds above the $3,000 psychological mark amid mixed fundamental cues. The US Dollar (USD) preserves its recent recovery gains from a multi-month low and sits near a three-week high touched on Monday. Apart from this, the upbeat market mood, bolstered … - [Cotton Closed Higher on Monday](https://todaymarkets.ae/cotton-closed-higher-on-monday/): Cotton futures closed the Monday session with contracts up 15 to 27 points. The outside factors were mixed, with crude oil futures up 88 cents/barrel and the US dollar index $0.236 higher on the day.  The Seam showed another 1,614 bales in online sales on 3/21 at an average price of 59.29 cents/lb. The Cotlook A … - [Dollar Strength Undercuts Sugar Prices](https://todaymarkets.ae/dollar-strength-undercuts-sugar-prices/): May NY world sugar #11 (SBK25) today is down -0.31 (-1.57%), and May London ICE white sugar #5 (SWK25) is down -6.30 (-1.14%). Sugar prices today dropped to 1-week lows after the dollar index (DXY00) rallied to a 2-week high, prompting long liquidation in sugar futures.  Sugar prices have rallied over the past two weeks, … - [Slowing Ivory Coast Cocoa Exports Boosts Prices](https://todaymarkets.ae/slowing-ivory-coast-cocoa-exports-boosts-prices/): May ICE NY cocoa (CCK25) today is up +340 (+4.38%), and May ICE London cocoa #7 (CAK25) is up +246 (+4.05%). Cocoa prices today are sharply higher as short covering emerged on concerns about slowing Ivory Coast cocoa exports.  Today’s government data showed that Ivory Coast farmers shipped 1.43 MMT of cocoa to ports this … - [Arabica Coffee Finishes Higher on Brazil Weather Woes](https://todaymarkets.ae/arabica-coffee-finishes-higher-on-brazil-weather-woes/): May arabica coffee (KCK25) Monday closed up +2.00 (+0.51%), and May ICE robusta coffee (RMK25) closed down -14 (-0.25%). Coffee prices on Monday settled mixed, with arabica coffee climbing to a 2-week high.  Weather concerns in Brazil are boosting arabica prices after Cooxupe, Brazil’s largest arabica coffee co-operative, said high temperatures and below-normal rainfall last … - [BoJ Minutes: Most members agree the likelihood of hitting 2% target had been rising](https://todaymarkets.ae/boj-minutes-most-members-agree-the-likelihood-of-hitting-2-target-had-been-rising/): The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Tuesday, per the BoJ Minutes of the January meeting.     Key quotes Most Board of Japan members expressed the recognition that the likelihood of realizing the outlook had been rising.  Some members recognized real interest rates were expected to stay significantly negative even … - [WTI rises to near $69.00 as US President Donald Trump threatens tariffs on countries buying Venezuelan crude](https://todaymarkets.ae/wti-rises-to-near-69-00-as-us-president-donald-trump-threatens-tariffs-on-countries-buying-venezuelan-crude/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.00 during the early Asian session on Tuesday. The WTI price edges higher to a three-week high as US President Donald Trump said he will impose tariffs on countries that buy oil and gas from Venezuela. Late Monday, Trump said that he would be placing a … - [NZD/USD extends downside below 0.5750 as US tariffs loom](https://todaymarkets.ae/nzd-usd-extends-downside-below-0-5750-as-us-tariffs-loom/): The NZD/USD pair extends the decline to around 0.5725 during the early Asian session on Tuesday. The New Zealand Dollar (NZD) softens to a one-week low amid concerns over the looming April 2 deadline for US reciprocal tariffs. Trump said late Monday that he will announce tariffs on automobile imports in the coming days and … - [AUD extends gains due to cautious tone surrounding RBA's policy outlook](https://todaymarkets.ae/aud-extends-gains-due-to-cautious-tone-surrounding-rbas-policy-outlook/): The Australian Dollar (AUD) extends its gains for the second successive session on Tuesday. However, the AUD/USD pair faced downward pressure amid a strengthening US Dollar (USD). Robust S&P Global Services PMI data and cautious Fedspeak likely fueled the Greenback’s gains. The AUD finds support as investors anticipate the Reserve Bank of Australia (RBA) keeping interest rates unchanged in … - [XAG/USD holds gains near $33.00 as Middle-East tensions rise](https://todaymarkets.ae/xag-usd-holds-gains-near-33-00-as-middle-east-tensions-rise/): Silver price (XAG/USD) pauses its four-day losing streak, trading around $33.10 per troy ounce during Asian market hours on Tuesday. The rebound is driven by increased safe-haven demand amid escalating geopolitical tensions. The United Nations (UN) announced on Monday that it is reducing its international staff in Gaza by about a third following Israeli airstrikes … - [JPY slides to three-week low against USD; lacks follow-through selling](https://todaymarkets.ae/jpy-slides-to-three-week-low-against-usd-lacks-follow-through-selling/): The Japanese Yen (JPY) drifts lower against its American counterpart for the fourth consecutive day, pushing the USD/JPY pair to the 151.00 neighborhood, or a three-week top during the Asian session on Tuesday. The global risk sentiment remains well supported by hopes that US President Donald Trump’s so-called reciprocal tariffs will be narrower and less strict than … - [NZD/USD - Credit Agricole Recommendation](https://todaymarkets.ae/nzd-usd-credit-agricole-recommendation-2/): Credit Agricole has issued a recommendation for the NZDUSD currency pair. Credit Agricole recommends taking a long position on the pair with the following levels: Credit Agricole recommends taking a long position on NZDUSD at the market price with a target of 0.5870 and a Stop Loss order at 0.5600. Source: xStation5 ​​ The material … - [Crypto Related Stocks Advance While Bitcoin Extends Rally](https://todaymarkets.ae/crypto-related-stocks-advance-while-bitcoin-extends-rally/): Cryptocurrency-exposed stocks are surging as Bitcoin gains for a second straight session, climbing 3% to $87,655. The broader market is also rising as investors grow optimistic that President Trump’s upcoming tariffs may be more targeted than initially feared. Leading the crypto stock rally is CleanSpark with an impressive +12.63% gain, followed by MARA Holdings at … - [US100 Gains 1.5%](https://todaymarkets.ae/us100-gains-1-5/): 🚗Tesla gains 10%; the largest intraday growth since November 2024 Wall Street gains as the new trading week begins. The US100 is currently up 1.5%, while the US500 is up 1.3%. As the upcoming April 2 deadline for finalizing all changes to mutual tariffs becomes priced in by markets, Trump’s new comments about possible flexibility … - [Trade of The Day - US2000](https://todaymarkets.ae/trade-of-the-day-us2000/): Facts: Recommendation: Long position at market price Opinion: In recent weeks, the U.S. stock market has experienced extremely negative sentiment, which led to over 10% declines in the valuations of major indices such as the US500 and US100. The US2000 index suffered even more, losing nearly 20% from its peaks, and is currently trading about … - [Monday Markets Turn Green as Tariff Optimism Spreads](https://todaymarkets.ae/monday-markets-turn-green-as-tariff-optimism-spreads/): Major US index futures are showing mixed performance. The S&P 500 (US500) is up +1.19% to 5797.7, while the Dow (US30) has risen +0.72% to 42776. Nasdaq futures (US100) are showing a significant gain of +1.21% to 2111.1, and the Russell 2000 (US2000) is up 1.2%. European markets are predominantly negative, with most indices in … - [U.S PMIs Above Consensus,Miss in Manufacturing Data](https://todaymarkets.ae/u-s-pmis-above-consensusmiss-in-manufacturing-data/): 01:45 PM GMT, United States – PMI Data for March: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted … - [EUR/USD recovers to 1.0850 after mixed European PMIs](https://todaymarkets.ae/eur-usd-recovers-to-1-0850-after-mixed-european-pmis/): The EUR/USD pair edges higher and recovers to 1.0850 at the time of writing on Monday after facing some selling pressure at the end of the previous week, when it briefly broke below the 1.08 big figure level. Overall, the pair is expected to stay above 1.08 for now after United States (US) officials commented on Monday … - [European Shares Rise on Better Manufacturing Outlook](https://todaymarkets.ae/european-shares-rise-on-better-manufacturing-outlook/): As the upcoming April 2 deadline for reciprocal tariffs is becoming less and less feared due to Trump’s flexibility remarks, the growing risk appetite sends European markets up on Monday. At the moment, German DAX adds 0,35%, French CAC40 is up 0,15%, while British FTSE 100 gains 0,1%. Some insights from this month’s PMIs for … - [Technical Analysis - Bitcoin](https://todaymarkets.ae/technical-analysis-bitcoin/): Bitcoin has had a solid downward correction, which has been going on since January of this year. Looking at the W1 interval, this crypto has reached key support in the area of ​​USD 83 thousand. This place results from the lower limit of the wide 1:1 system. According to the Overbalance methodology, if a rebound … - [Roundup Verdict Pushes' Bayer Shares Lower by 7%](https://todaymarkets.ae/roundup-verdict-pushes-bayer-shares-lower-by-7/): Bayer (BAYN.DE) shares are down around 7% early this week after the company received a Roundup verdict and was ordered to pay a $2.1 billion penalty. The company has already paid out a total of $10 billion to settle disputed claims, and more than 66,000 more cases are still pending. A jury in Georgia, South Carolina, … - [NZD/USD Finds initial resistance at 0.5750 near nine-day EMA](https://todaymarkets.ae/nzd-usd-finds-initial-resistance-at-0-5750-near-nine-day-ema/): NZD/USD rebounds after four consecutive losing sessions, trading around 0.5730 during European hours on Monday. Technical analysis of the daily chart indicates a developing bullish bias as the pair moves within an ascending channel pattern. The nine-day Exponential Moving Average (EMA) remains above the 50-day EMA, suggesting an ongoing recovery in the overall trend. However, the pair’s … - [Palladium price today: Rare metals mixed at the start of the European session](https://todaymarkets.ae/palladium-price-today-rare-metals-mixed-at-the-start-of-the-european-session/): Platinum Group Metals (PGMs) trade mixed at the beginning of Monday, according to Today Markets data. Palladium (XPD) changes hands at $963.61 a troy ounce, with the XPD/USD pair advancing from its previous close at $962.30. In the meantime, Platinum (XPT) trades at $979.28 against the United States Dollar (USD) early in the European session, shedding ground … - [XAU/USD marginally higher as markets brace on reciprocal tariff deadline](https://todaymarkets.ae/xau-usd-marginally-higher-as-markets-brace-on-reciprocal-tariff-deadline/): Gold’s price (XAU/USD) stabilizes near $3,030 at the time of writing on Monday as traders assess fresh tariff headlines over the weekend. News emerging that the Trump administration will ease off on the broad scope of tariffs being imposed on April 2 brings sighs of relief in markets. Instead, United States (US) President Donald Trump is said to be … - [Chart of The Day - EURO STOXX 50](https://todaymarkets.ae/chart-of-the-day-euro-stoxx-50/): The European stock market opened the new week in the green, recovering part of the recent correction. Friday’s remark by Donald Trump that upcoming retaliatory tariffs could be somewhat flexible sparked some risk appetite. On the other hand, the bullish opening slowed down with the release of mixed PMI indicators, which still raise doubts about the … - [Mixed UK PMIs Moves GBP Lower](https://todaymarkets.ae/mixed-uk-pmis-moves-gbp-lower/): 09:30 AM GMT, United Kingdom – PMI Data for March: The latest S&P Global Flash UK PMI survey for March revealed a mixed picture for the economy, with business activity expanding across the private sector. The service sector showed strong growth, driven by improvements in both domestic and international sales, marking the fastest upturn since August 2024. However, the … - [Mixed Eurozone PMIs Point to Stagnating Services](https://todaymarkets.ae/mixed-eurozone-pmis-point-to-stagnating-services/): 09:00 AM GMT, Euro Zone – PMI Data for March: Eurozone business activity expanded slightly in March, with the HCOB Flash Composite PMI rising to 50.4, marking the fastest growth since last August, albeit below market expectations (51.2). The expansion was driven by manufacturing output returning to growth for the first time in two years. Employment remained stable despite … - [German Flash PMIs Higher Than Expected](https://todaymarkets.ae/german-flash-pmis-higher-than-expected/): 08:15 AM GMT, France – PMI Data for March: 08:30 AM GMT, Germany – PMI Data for March: German business activity increased at the quickest pace in ten months, driven by a rebound in manufacturing output, which saw its first increase in nearly two years, while the service sector stagnated amid weak demand. Inflationary pressures eased, employment continued to decline – though at a slower pace – … - [Eurozone Inflation on Target And Ahead of Projections, Dovish Signals From The ECB](https://todaymarkets.ae/eurozone-inflation-on-target-and-ahead-of-projections-dovish-signals-from-the-ecb/): ‘Inflation target may be reached sooner than last projections indicated,’ commented European Central Bank (ECB) Executive Board member Piero Cipollone. Following Friday’s remarks from Stournaras that “everything points to another cut in April,” ECB members continue their dovish tone into the new week. According to Piero Cipollone, the potential of the European GDP should not be … - [Economic Calendar - All Eyes On March PMIs](https://todaymarkets.ae/economic-calendar-all-eyes-on-march-pmis/): The week of central banks has come to an end, but key data will continue to flow in the coming days. Monday will be marked by preliminary March PMI indicators, which will provide investors with insights into industrial and service sector activity in major economies. In Europe, previous PMI reports primarily pointed to weak consumption … - [The Week Ahead](https://todaymarkets.ae/the-week-ahead-4/): Three events to watch in the week ahead The last trading week of March will be crucial for financial markets. Not only will we get a timely update on economic conditions in the era of President Trump’s economic policies. We are also just over a week away from President Trump’s reciprocal tariffs that are scheduled … - [GBP/USD attracts some buyers to near 1.2950 as traders await US PMI release](https://todaymarkets.ae/gbp-usd-attracts-some-buyers-to-near-1-2950-as-traders-await-us-pmi-release/): The GBP/USD pair attracts some buyers to around 1.2940 during the early European session on Monday, bolstered by the softer Greenback. The uncertainty about US President Donald Trump’s next round of tariffs and concerns over the US economic slowdown weigh on the US Dollar (USD) against the Pound Sterling (GBP).  The preliminary reading of the US S&P Global Manufacturing Purchasing Managers Index … - [The Market View](https://todaymarkets.ae/the-market-view/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [EUR/GBP edges higher above 0.8350 as traders brace for Eurozone/German PMI data](https://todaymarkets.ae/eur-gbp-edges-higher-above-0-8350-as-traders-brace-for-eurozone-german-pmi-data/): The EUR/GBP cross gains traction to near 0.8380 during the early European session on Monday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as Germany’s upper house of parliament signed off on a landmark debt reform plan. Later on Monday, the preliminary reading of the Purchasing Managers Index (PMI) reports from Germany and the Eurozone will be in the … - [USD/CHF maintains position near 0.8850 ahead of US PMI data](https://todaymarkets.ae/usd-chf-maintains-position-near-0-8850-ahead-of-us-pmi-data/): USD/CHF extends its winning streak for the fourth consecutive session, trading near 0.8840 during Asian hours on Monday. The pair gains as the US Dollar (USD) recovers its daily losses, supported by rising Treasury yields amid a hawkish tone surrounding the Federal Reserve (Fed). Last week, Fed Chair Jerome Powell noted, “Labor market conditions are solid, and … - [Bitcoin, Ethereum, Ripple: BTC, ETH, and XRP consolidate before a potential breakout](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-consolidate-before-a-potential-breakout/): Bitcoin (BTC) hovers around $85,600 on Monday after recovering 4.25% last week. Ethereum (ETH) and Ripple (XRP) also followed in BTC’s footsteps, hovering around their key levels after recovering almost 7% each the previous week.  Bitcoin bulls aim for $90,000 mark  Bitcoin price broke and closed above its 200-day Exponential Moving Average (EMA) at around $85,502 last week but failed … - [WTI remains subdued around $68.00 following ceasefire discussions between Ukraine, US](https://todaymarkets.ae/wti-remains-subdued-around-68-00-following-ceasefire-discussions-between-ukraine-us/): West Texas Intermediate (WTI) Oil price continues to decline for the second consecutive session, trading around $68.00 per barrel during Asian hours on Monday. The drop comes as geopolitical tensions ease following discussions between Ukrainian and US officials in Riyadh on Sunday, which may lead to an increase in Russian Oil supply to global markets, … - [USD/CAD flat lines below mid-1.4300s after Canada's PM calls snap election](https://todaymarkets.ae/usd-cad-flat-lines-below-mid-1-4300s-after-canadas-pm-calls-snap-election/): The USD/CAD pair kicks off the new week on a softer note amid the emergence of some selling around the US Dollar (USD), though it lacks bearish conviction and has now reversed an Asian session dip to the 1.4325 region. Spot prices, however, remain confined in Friday’s broader range and currently trade just below mid-1.4300s, nearly unchanged for … - [FX option expiries for Mar 24 NY cut](https://todaymarkets.ae/fx-option-expiries-for-mar-24-ny-cut/): FX option expiries for Mar 24 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts USD/JPY: USD amounts                                  USD/CHF: USD amounts      AUD/USD: AUD amounts USD/CAD: USD amounts        - [EUR/JPY advances to near 162.00 after release of downbeat Japan’s PMI data](https://todaymarkets.ae/eur-jpy-advances-to-near-162-00-after-release-of-downbeat-japans-pmi-data/): EUR/JPY continues its upward momentum for a second consecutive session, trading near 162.00 during Asian hours on Monday. The Japanese Yen remains under pressure as weaker-than-expected Purchasing Managers’ Index (PMI) data offsets a hawkish Bank of Japan’s (BoJ) outlook. Investors are now looking ahead to preliminary PMI figures for the Eurozone and Germany, set for release later in … - [EUR/USD Gathers strength above 1.0800, bullish bias remains](https://todaymarkets.ae/eur-usd-gathers-strength-above-1-0800-bullish-bias-remains/): The EUR/USD pair edges higher to around 1.0815, snapping the three-day losing streak during the early Asian session on Monday. The concerns over the economic slowdown in the United States by trade policies under US President Donald Trump weigh on the US dollar (USD) and create a tailwind for EUR/USD. Traders will take more cues from the preliminary reading … - [AUD receives support from cautious RBA, China's stimulus measures](https://todaymarkets.ae/aud-receives-support-from-cautious-rba-chinas-stimulus-measures/): The Australian Dollar (AUD) strengthens against the US Dollar (USD) on Monday after two consecutive days of losses. The AUD/USD pair rises as the AUD finds support following the release of preliminary Judo Bank Purchasing Managers Index (PMI) data. Australia’s Judo Bank Manufacturing PMI climbed to 52.6 in March from 50.4 in February, while the Services PMI improved to … - [USD/JPY remain depressed amid positive risk tone; hawkish BoJ expectations could limit losses](https://todaymarkets.ae/usd-jpy-remain-depressed-amid-positive-risk-tone-hawkish-boj-expectations-could-limit-losses/): The Japanese Yen (JPY) retains its negative bias through the Asian session on Monday in the wake of the disappointing release of Japan’s March Purchasing Managers’ Index (PMI). Apart from this, a generally positive tone around the equity markets is seen as another factor undermining the safe-haven JPY. This, along with a modest intraday US Dollar (USD) … - [USD/INR softens ahead of Indian PMI releases](https://todaymarkets.ae/usd-inr-softens-ahead-of-indian-pmi-releases/): The Indian Rupee (INR) trades stronger on Monday after closing its strongest in over two months. Positive domestic equities and fresh foreign fund inflows could provide some support to the Indian currency. Additionally, the US Dollar (USD) inflows help mitigate the impact of the decline in Asian peers.  Nonetheless, a rebound in Crude Oil prices amid the ongoing geopolitical … - [XAG/USD steadies near $33.00 as US economic concerns rise](https://todaymarkets.ae/xag-usd-steadies-near-33-00-as-us-economic-concerns-rise/): Silver price (XAG/USD) edges higher on Monday, trading around $33.10 per troy ounce during Asian hours after three consecutive sessions of losses. The rebound is driven by a weaker US Dollar as concerns over a potential US economic slowdown grow due to trade policies under President Donald Trump. The US Dollar Index, which measures the USD … - [XAU/USD holds below $3,050 amid hopes for Ukraine peace deal](https://todaymarkets.ae/xau-usd-holds-below-3050-amid-hopes-for-ukraine-peace-deal/): The Gold price (XAU/USD) extends the decline to around $3,025 during the early Asian session on Monday. The precious metal edges lower after reaching an all-time high on Thursday amid hopes for a Ukraine peace deal. However, potential rate cuts signaled by the Federal Reserve (Fed) and ongoing economic uncertainties might cap the upside for yellow metal.  … - [Crude Oil Posts Second Consecutive Week of Gains](https://todaymarkets.ae/crude-oil-posts-second-consecutive-week-of-gains/): The May WTI (CLK25) contract settled at 68.28 (+0.21) [+0.31%], high of 68.65, low of 66.63. Spot price is 68.08 (+0.95), open interest for CLK25 is 321,089. CLK25 settled above its 5 day (67.24), above its 20 day (67.64), below its 50 day (70.54), below its 100 day (69.63), below its 200 day (70.55) and below its year-to … - [A Weak End of The Week For Cotton](https://todaymarkets.ae/a-weak-end-of-the-week-for-cotton/): Cotton futures closed the Friday session with contracts falling back 70 to 81 points on the day. May closed the week slipping 210 points since last Friday. The outside factors were mixed, with crude oil futures up 30 cents/barrel and the US dollar index $0.293 higher on the day. Cotton export commitments for the 2024/25 marketing … - [Sugar Prices Fall on Long Liquidation as the Dollar Gains](https://todaymarkets.ae/sugar-prices-fall-on-long-liquidation-as-the-dollar-gains/): May NY world sugar #11 (SBK25) Friday closed down -0.28 (-1.40%), and May London ICE white sugar #5 (SWK25) closed down -11.60 (-2.06%). Sugar prices Friday settled moderately lower as a rally in the dollar index (DXY00) to a 2-week high sparked long liquidation in sugar futures.  Sugar prices have rallied over the past two … - [Cocoa Prices Finish Sharply Lower as the Supply Outlook Improves](https://todaymarkets.ae/cocoa-prices-finish-sharply-lower-as-the-supply-outlook-improves/): May ICE NY cocoa (CCK25) Friday closed down -306 (-3.79%), and May ICE London cocoa #7 (CAK25) closed down -162 (-2.60%). Cocoa prices Friday tumbled to 4-1/4 month lows and settled sharply lower.  Cocoa prices have been on the defensive over the past five weeks on an improving supply outlook.  On February 28,  the International … - [Hot and Dry Weather in Vietnam Boosts Robusta Coffee Prices](https://todaymarkets.ae/hot-and-dry-weather-in-vietnam-boosts-robusta-coffee-prices/): May arabica coffee (KCK25) Friday closed down -0.75 (-0.19%), and May ICE robusta coffee (RMK25) closed up +18 (+0.33%). Coffee prices Friday settled mixed.  Friday’s rally in the dollar index (DXY00) to a 2-week high undercut most commodity prices, including coffee.  However, robusta coffee moved higher on crop concerns in Vietnam after the Dak Lak … - [BTC price at $84K, Tether tops Canada for US Treasuries as SUI and Tron lead $50B altcoin rally](https://todaymarkets.ae/btc-price-at-84k-tether-tops-canada-for-us-treasuries-as-sui-and-tron-lead-50b-altcoin-rally/): Bitcoin market updates:  Bitcoin price tumbles below $84,000 on Friday as investors rotated funds toward altcoins.Bitcoin ETFs saw another $165 million outflows on Thursday, extending its consecutive days of inflows to four days, dating back to last Friday.  Bitcoin ETF Flows, March 20 | SosoValue During this period, BTC ETFs have invested over $680 million. … - [ETH sees increased buying pressure as Pectra upgrade draws closer](https://todaymarkets.ae/eth-sees-increased-buying-pressure-as-pectra-upgrade-draws-closer/): Ethereum price today: $1,960 Ethereum (ETH) trades above $1,900 on Friday following investors stepping up their buying pressure in March. The top altcoin could be set for a recovery if the Pectra upgrade proves to be a strong price catalyst. Ethereum investors increase buying pressure despite weak prices Ethereum supply on exchanges declined further on Friday, … - [Coinbase in $5B talks to acquire Deribit, World’s largest BTC and ETH Options trading platform](https://todaymarkets.ae/coinbase-in-5b-talks-to-acquire-deribit-worlds-largest-btc-and-eth-options-trading-platform/): Coinbase eyes global expansion with Deribit acquisition Coinbase is in advanced negotiations to acquire Deribit, the world’s largest platform for Bitcoin and Ethereum Options trading, according to a Bloomberg report. The deal, which could significantly expand Coinbase’s derivatives footprint, remains under discussion with regulators in Dubai, where Deribit holds a key operational license.Bloomberg, citing anonymous sources, reported that “the companies have … - [GBP/USD slips as trader war fears, central bank uncertainty weigh](https://todaymarkets.ae/gbp-usd-slips-as-trader-war-fears-central-bank-uncertainty-weigh/): The Pound Sterling (GBP) is dropping some 0.29% against the US Dollar (USD) on Friday, set to end the week unchanged after major central banks featured monetary policy decisions led by the Federal Reserve (Fed) and the Bank of England (BoE). At the time of writing, GBP/USD is trading at 1.2931 after hitting a daily peak of 1.2969. Sterling drops 0.29%, set to end the … - [Banxico expected to cut rates to 9% – Reuters](https://todaymarkets.ae/banxico-expected-to-cut-rates-to-9-reuters/): A Reuters poll revealed that on March 27, Banco de Mexico (Banxico) is expected to cut interest rates by 50 bps amid the evolution of the disinflation process and an ongoing economic slowdown. Economists expect rates to get as low as 8.25% in 2025 Of 25 economists, 23 expect the central bank to lower borrowing costs by … - [EUR/USD extends losses but 100-200 SMA crossover offers support](https://todaymarkets.ae/eur-usd-extends-losses-but-100-200-sma-crossover-offers-support/): EUR/USD declined on Friday’s session after the European close, moving near the 1.0820 zone as the pair tallied a third straight day in the red. After a strong rally earlier in the month, the pair has lost over 1% this week, with momentum indicators now flashing bearish signals. Still, structural support remains firm as key moving averages align … - [XAU/USD price dips on Friday but is set for weekly gains amid strong US Dollar](https://todaymarkets.ae/xau-usd-price-dips-on-friday-but-is-set-for-weekly-gains-amid-strong-us-dollar/): Gold price retreats for the second straight day yet is poised to finish the week in the green amid broad US Dollar (USD) strength and traders booking profits ahead of the weekend. The XAU/USD trades at $3,019, down 0.81%. Market mood remains downbeat, yet US equities are trimming some of their previous losses. Bullion remains … - [USD continues recovering ahead of the weekend](https://todaymarkets.ae/usd-continues-recovering-ahead-of-the-weekend/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, is ticking higher on Friday, helped by a wave of geopolitical unease. Despite a retreat in Treasury yields and the Federal Reserve’s (Fed) reaffirmation of its cutting path for 2025, the Greenback gains modest ground. The index attempts … - [XAG/USD crashes toward $33.00, suffers worst daily loss since February](https://todaymarkets.ae/xag-usd-crashes-toward-33-00-suffers-worst-daily-loss-since-february/): A rebound above $33.10 could trigger a late recovery toward $33.50, but bearish momentum remains dominant. Silver prices plunged late in the North American session, hitting a weekly low beneath $33.00, sustaining its most significant loss since February 25, 2025. At the time of writing, XAG/USD trades at $33.03, down more than 1.6%, blamed on … - [Mexican Peso struggles as markets react to weak data, trade anxiety](https://todaymarkets.ae/mexican-peso-struggles-as-markets-react-to-weak-data-trade-anxiety/): The Mexican Peso remained defensive against the US Dollar on Friday, fueled by fears about trade policies the United States (US) implemented amid a busy week in the central bank space. Softer data in Mexico suggest the economy is slowing down harder than expected, hence the Peso’s depreciation. The USD/MXN trades at 20.23, up 0.45%. During the … - [AUD/JPY dips slightly as 20-day SMA offers support](https://todaymarkets.ae/aud-jpy-dips-slightly-as-20-day-sma-offers-support/): On Friday’s session the AUD/JPY edged slightly lower and was seen trading in the 93.70 area. The pair has now posted three straight sessions of mild declines, though it remains above a key support level. Price action shows some hesitation from sellers, as bulls attempt to defend the 20-day Simple Moving Average, hinting at a … - [NZD/USD slips as moving average cluster offers key support](https://todaymarkets.ae/nzd-usd-slips-as-moving-average-cluster-offers-key-support/): During Friday’s session ahead of the Asian open, NZD/USD declined modestly and was last seen hovering around the 0.5730 area. The pair remains under pressure after sellers stepped in earlier in the day, with price action now centered around the convergence of the 20-day and 100-day Simple Moving Averages—a key technical juncture for the short-term outlook. … - [The Today Markets Market Recap](https://todaymarkets.ae/the-today-markets-market-recap/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Big Tech Stocks Fuel Wall Street Recovery](https://todaymarkets.ae/big-tech-stocks-fuel-wall-street-recovery/): Big Tech stocks are bouncing back in the middle of Friday’s session, pulling U.S. indices out of deep losses. A key catalyst for the recovery was President Trump’s suggestion that the tariffs scheduled for April 2nd may be somewhat flexible. Tesla (TSLA.US: +4.6%) is gaining the most at the moment, with shares of Apple (AAPL.US: +0.3%), … - [Boeing Surges 5% After Winning Nex-Gen U.S Jet Fighter Program](https://todaymarkets.ae/boeing-surges-5-after-winning-nex-gen-u-s-jet-fighter-program/): Boeing (BA.US) shares surged more than 5% after the company won a strategic Pentagon contract for a new U.S. fighter jet, valued at $20 billion. Lockheed Martin (LMT.US) shares plunged nearly 5% following the news, as the company failed to outcompete Boeing. Recently, Boeing’s CFO signaled that the company’s cash burn rate is slowing this year by ‘hundreds … - [Fed's Waller, Williams And Goolsbee Comments on U.S Economy](https://todaymarkets.ae/feds-waller-williams-and-goolsbee-comments-on-u-s-economy/): The U.S. dollar continues to strengthen today, with the EURUSD pair down nearly 0.3%. On March 21, several Federal Reserve (Fed) members — Christopher Waller, John Williams, and Austan Goolsbee — shared their views on the U.S. economy, inflation, tariffs, and monetary policy. Here is the complete breakdown of their comments. Christopher Waller (Fed) John … - [Three Markets to Watch](https://todaymarkets.ae/three-markets-to-watch/): 3 markets to watch in uncertain times This week has been all about uncertainty. As we have mentioned in previous notes, there is a deficit of confidence in financial markets right now, which is the reason that risk assets are struggling. However, there are always opportunities in financial markets. Below, we give you the top … - [Gold Dips 1.3% On Profit Taking?](https://todaymarkets.ae/gold-dips-1-3-on-profit-taking/): 🪙The Triple Witching Day increases market volatility and drives profit-taking in precious metals Gold and other precious metals are losing ground today as the Triple Witching Day increases volatility (volume) and encourages some profit-taking after a significant rally in this instrument. Gold has risen 16% this year in a rally that has reached 15 record … - [Mixed Canadian Retails Sales Data, USDCAD Gains](https://todaymarkets.ae/mixed-canadian-retails-sales-data-usdcad-gains/): 12:30 PM GMT, Canada – New Housing Price Index for February: 12:30 PM GMT, Canada – Retail Sales Data for January: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results … - [IAG Shares Fall 2% on Heathrow Airport Closure](https://todaymarkets.ae/iag-shares-fall-2-on-heathrow-airport-closure/): Shares of International Airlines Group (IAG.UK) are losing nearly 2% during today’s session after a fire at an electrical substation supplying the airport forced Heathrow to face a significant power outage and suspend air traffic for the entire day. British Airways (IAG’s subsidiary) alone had 341 flights scheduled to land at Heathrow on Friday. In total, nearly … - [Trade of The Day - EUR/USD](https://todaymarkets.ae/trade-of-the-day-eur-usd-4/): Facts: Recommendation: Opinion: EUR/USD is on the brink of a trend reversal after forming a double-top pattern. The MACD is trending lower following a sell signal (bearish crossover), while the RSI remains in bearish divergence despite the currency making a higher high. A stop-loss is set above the previous high, which would invalidate this thesis. … - [Douglas Shares Plummet While Adidas Declines And Nike Shows Weaker Outlook](https://todaymarkets.ae/douglas-shares-plummet-while-adidas-declines-and-nike-shows-weaker-outlook/): Most European indices are in the red as weakness persists. The DE40 is down 0.85%, the French FRA40 has dropped 0.7%, and the British UK100 is dipping 0.5%. The AUT20 is down 4.1% after the contract rollover, while the new contract trades 1.2% lower. Dax Returns by Sector. Source: Bloomberg Financial LP Volatility is currently … - [European Markets in The Red](https://todaymarkets.ae/european-markets-in-the-red/): The confidence deficit: central bankers and Heathrow fire weigh on markets Stock markets in Europe are a sea of red as we end the week, and the great European stock market rally may have stalled. The German Dax index, the best performing index in Europe so far in 2025, is set for a weekly decline, … - [Chart of The Day - OIL. WTI](https://todaymarkets.ae/chart-of-the-day-oil-wti-2/): Oil prices declined slightly on Friday, securing a second consecutive week of gains as fresh U.S. sanctions on Iran and new OPEC+ output cut plans fueled expectations of tighter supply. Brent crude dropped 0.17% to $71.59 per barrel while WTI declined 0.42% to $68.20, with both benchmarks on track for their largest weekly increases since … - [Bad news Bitcoin bulls, the long-hoped-for retail is already here: CryptoQuant](https://todaymarkets.ae/bad-news-bitcoin-bulls-the-long-hoped-for-retail-is-already-here-cryptoquant/): Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven’t piled in yet might be using an outdated playbook, according to a crypto executive. “The idea that the cycle isn’t over just because onchain retail activity is absent needs reconsideration,” CryptoQuant founder and CEO Ki Young Ju said in a … - [WTI remains stable above $68.00, poises for a second straight weekly gain](https://todaymarkets.ae/wti-remains-stable-above-68-00-poises-for-a-second-straight-weekly-gain/): West Texas Intermediate (WTI) Oil price holds ground for the third successive session, trading around $68.40 per barrel during Asian hours on Friday. Oil prices remain on track for their second consecutive weekly increase, driven by new United States (US) sanctions on Iran. On Thursday, the US Treasury imposed fresh Iran-related sanctions, targeting an independent Chinese refiner … - [U.S. Markets Declined Amid Macro Data And Tariff Concerns](https://todaymarkets.ae/u-s-markets-declined-amid-macro-data-and-tariff-concerns/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week/): The upcoming week has been long awaited by investors. The volatility related to capital repositioning between quarters will coincide with the announcement of new tariffs on most of the USA’s trading partners and the implementation of car tariffs announced this week. Additionally, we will also learn labor market data from the US — NFP and … - [Cotton Slip Lower into the Weekend](https://todaymarkets.ae/cotton-slip-lower-into-the-weekend/): Cotton futures closed with Friday losses of 18 to 24 points, as nearby May was up 163 points on the week. Crude oil futures were down 88 cents/barrel, as the US dollar index $0.292 lower on the day.  Friday’s CFTC Commitment of Traders report showed managed money adding back 4,193 contracts to their net short in … - [Sugar Prices Pressured by Beneficial Brazil Rain Forecasts](https://todaymarkets.ae/sugar-prices-pressured-by-beneficial-brazil-rain-forecasts/): May NY world sugar #11 (SBK25) Friday closed down -0.13 (-0.68%), and May London ICE white sugar #5 (SWK25) closed down -2.10 (-0.39%). Sugar prices Friday extended this week’s decline to 2-week lows.  Forecasts for rain in Brazil eased dryness concerns and weighed on sugar prices.  Meteorologist Climatempo forecasted widespread showers for Brazil’s sugar-growing regions … - [Cocoa Prices Close Higher on Support from Dollar Weakness](https://todaymarkets.ae/cocoa-prices-close-higher-on-support-from-dollar-weakness/): May ICE NY cocoa (CCK25) Friday closed up +63 (+0.79%), and May ICE London cocoa #7 (CAK25) closed up +94 (+1.52%). Cocoa prices recovered from early losses on Friday and settled moderately higher on a decline in the dollar (DXY00).  Since posting 4-1/2 month lows last Friday, cocoa prices have traded sideways and consolidated their … - [Canadian Dollar roils as Trump reiterates tariff threats](https://todaymarkets.ae/canadian-dollar-roils-as-trump-reiterates-tariff-threats/): The Canadian Dollar was dragged in both directions on Friday, rising and then falling as market flows clash with fresh threats of tariffs on Canada from US President Donald Trump. Market sentiment is evaporating as the Trump administration barrels toward its self-imposed deadline of April 2 for a wide package of ever-changing tariffs that still … - [NY Coffee Higher on Dollar Weakness](https://todaymarkets.ae/ny-coffee-higher-on-dollar-weakness/): May arabica coffee (KCK25) Friday closed up +1.15 (+0.30%), and May ICE robusta coffee (RMK25) closed down -14 (-0.26%). Coffee prices Friday settled mixed.  Arabica coffee saw support from a weaker dollar.  However, robusta was under pressure from expectations for an increase in global supplies as Marex Solutions projects Vietnam’s 2025/26 robusta production at 28.8 … - [EUR/USD Edges toward 1.0830 as bullish momentum builds post-Europe](https://todaymarkets.ae/eur-usd-edges-toward-1-0830-as-bullish-momentum-builds-post-europe/): EUR/USD extended its upward trajectory on Friday, moving near the 1.0830 region after the European session and toward the upper end of the day’s trading range. The pair has gained traction, reflecting investor appetite for the euro despite mixed short-term signals. Technicals reveal an ongoing bullish backdrop, underpinned by supportive moving averages, though caution remains … - [Mexican Peso dives as Banxico hints at further easing amid tariff woes](https://todaymarkets.ae/mexican-peso-dives-as-banxico-hints-at-further-easing-amid-tariff-woes/): The Mexican Peso (MXN) prolongs its agony in the week, depreciating against the US Dollar (USD) after Banco de Mexico (Banxico) reduced interest rates but also paved the way for additional easing. This, along with an inflation report and trade policies in the United States (US), boosted the Greenback. At the time of writing, USD/MXN … - [XAG/USD pulls back from 5-month peak, bears eye $34](https://todaymarkets.ae/xag-usd-pulls-back-from-5-month-peak-bears-eye-34/): Silver price hits a five-month high but retreats toward the $34 figure late on Friday, as traders brace for the weekend, eyeing a busy economic schedule in the United States (US). At the time of writing, the XAG/USD pair trades at $34.03, down by over 1%. XAG/USD Price Forecast: Technical outlook Silver hit $34.58 earlier, … - [Gold smashes record high as bulls eye $3,100 amid trade war turmoil](https://todaymarkets.ae/gold-smashes-record-high-as-bulls-eye-3100-amid-trade-war-turmoil/): Gold price rallied sharply on Friday, hitting a new record high of $3,086 amid uncertainty over US trade policy, alongside an uptick in the Federal Reserve’s (Fed) preferred inflation gauge. After this, traders seem confident that the Fed will cut rates twice in 2025. The XAU/USD trades at 3079, up 0.79%. The market mood is pessimistic as traders brace … - [AUD/JPY Price Drops toward 94.20 area as bearish pressure mounts](https://todaymarkets.ae/aud-jpy-price-drops-toward-94-20-area-as-bearish-pressure-mounts/): The AUD/JPY pair extended its decline on Friday, hovering near the 94.30 zone after the European session and slipping closer to the lower end of its intraday range. The pair is down notably on the day, reflecting an increase in selling interest. While some momentum indicators remain neutral or even slightly constructive, broader technical signals … - [Crypto Related Stocks Decline as Bitcoin Retreats Amid Tariff Concerns](https://todaymarkets.ae/crypto-related-stocks-decline-as-bitcoin-retreats-amid-tariff-concerns/): Cryptocurrency-exposed stocks are declining as Bitcoin drops 3.5% to $84,163. The broader market is also retreating as investors worry about escalating trade tensions following President Trump’s latest tariff announcements. TeraWulf leads declines (-8.32%), followed by MARA Holdings (-7.25%), while Coinbase is down 3.89% to $191.75 and Strategy falls 5.3% to $307. Market Pressures Mount Bitcoin … - [Nasdaq Tumbles 2%](https://todaymarkets.ae/nasdaq-tumbles-2/): Inflation uncertainty drags down sentiments on Wall Street 📉VIX spikes 6% Futures on CBOE VIX Index (VIX) surges almost 6% today, after US macro readings came in unfavorable for Wall Street. Firstly, Core PCE data came in higher (both MoM and YoY) than expected, with surging so-called Supercore PCE measure. Secondly, University of Michigan report … - [EUR/USD gains ground despite hotter-than-expected US core PCE Inflation](https://todaymarkets.ae/eur-usd-gains-ground-despite-hotter-than-expected-us-core-pce-inflation/): EUR/USD finds cushion near 1.0765 during North American trading hours on Friday after the release of the United States (US) Personal Consumption Expenditures Price Index (PCE) for February. The report showed that the core PCE inflation – which excludes volatile foods and energy prices – rose at a faster pace of 2.8% year-on-year compared to estimates of 2.7% and January’s reading … - [US Dollar flat after US PCE inflation release](https://todaymarkets.ae/us-dollar-flat-after-us-pce-inflation-release/): The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is currently flat near 104.30 at the time of writing on Friday. Traders are not really looking at the Greenback but rather at an exodus from Equities and Cryptocurrencies into the precious metals’ market, where Gold has hit another … - [Market does not expect US import tariffs on crude oil from Canada and Mexico – Commerzbank](https://todaymarkets.ae/market-does-not-expect-us-import-tariffs-on-crude-oil-from-canada-and-mexico-commerzbank/): The postponement of US import tariffs on certain goods from Canada and Mexico granted by US President Trump at the beginning of March will end next Wednesday, Commerzbank’s commodity analyst Carsten Fritsch notes.   The postponement of US import tariffs ends next Wednesday “If there is no further postponement, US refineries will have to pay … - [Gold picks up again and resides near its fresh all-time high](https://todaymarkets.ae/gold-picks-up-again-and-resides-near-its-fresh-all-time-high/): Gold price (XAU/USD) is printing another record performance this Friday, hitting $3,086 as the new all-time high for now and trading around $3,077 at the time of writing. Bullion sees another wave of safe-haven inflow, this time from investors that are exiting Equity and Crypto positions. From here, the next big psychological target and level to … - [Breaking: US Core PCE inflation rises to 2.8% in February vs. 2.7% forecast](https://todaymarkets.ae/breaking-us-core-pce-inflation-rises-to-2-8-in-february-vs-2-7-forecast/): Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, held steady at 2.5% in February, the US Bureau of Economic Analysis reported on Friday. This reading matched the market expectation and January’s reading. The core PCE Price Index, which excludes volatile food and energy … - [Automotive Stocks Under Pressure UbiSoft Shares Gain 8.5%](https://todaymarkets.ae/automotive-stocks-under-pressure-ubisoft-shares-gain-8-5/): General market situation: European stocks are extending their declines, which began after the announcement of tariff changes on car imports to the US. Investors are now anxiously awaiting April 2, which is expected to bring further tariff changes. The German DAX is currently losing 0.58%, while the French CAC40 is down 0.60%. The Polish market … - [Trade of The Day - EUR/JPY](https://todaymarkets.ae/trade-of-the-day-eur-jpy-4/): Facts: Recommendation: Opinion: EUR/JPY is on the verge of a trend reversal after forming a double-top pattern. The MACD is trending lower following a bearish crossover, while the RSI remains in bearish divergence, confirming a lower high. A stop-loss is placed above the previous high to invalidate this thesis, while the take-profit target is set … - [Chart of The Day - US100](https://todaymarkets.ae/chart-of-the-day-us100/): U.S. stock market sentiment has weakened once again, with the Nasdaq on track to close its weakest quarter since 2023. The index has failed to break above its 200-day EMA (red line). US100 Index (Daily Interval) Nasdaq 100 futures have fallen below the 20,000-point level.Data from Deutsche Bank shows that liquidity in U.S. markets has dropped … - [Economic Calendar - U.S. PCE Reading in The Market Spotlight](https://todaymarkets.ae/economic-calendar-u-s-pce-reading-in-the-market-spotlight/): Markets are showing caution today ahead of the U.S. PCE inflation report for February. A higher-than-expected reading could weigh on sentiment, especially after a series of Federal Reserve officials emphasized the importance of upcoming inflation data. If the data surprises to the upside, the market may begin pricing in a longer pause in Fed policy action—particularly … - [German Unemployment Rate Higher Than Expected](https://todaymarkets.ae/german-unemployment-rate-higher-than-expected/): German Unemployment Change: 26k (Forecast 10k, Previous 5k, Revised 9K) Unemploymant rate came in at 6.3% vs 6.2% exp. and 6.2% previously Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information … - [German GFK Sentiments Weaker Than Expected](https://todaymarkets.ae/german-gfk-sentiments-weaker-than-expected/): German GfK Consumer Sentiment: -24.5 (Forecast -22.5, Previous -24.7) German consumers sentiments unexpectedly weakened despite higher market expectations. At the time, the UK macro readings came in much higher than anticipated, with retail sales surging 2.1% YoY vs 0.6% exp. Źródło: xStation5 The material on this page does not constitute financial advice and does not … - [Gold Hits Another Record While The UK Consumer Bounce's Back](https://todaymarkets.ae/gold-hits-another-record-while-the-uk-consumer-bounces-back/): It will be an interesting session for financial markets today. Donald Trump’s reciprocal tariffs are once again dominating markets. Canada and the EU are preparing a raft of retaliatory measures, while the UK hopes not to be the tall poppy and aims to use diplomatic measures to deflect tariff threats. Investors are seeking solace in … - [EUR/GBP extends losses toward 0.8300 following UK GDP, Retail Sales data](https://todaymarkets.ae/eur-gbp-extends-losses-toward-0-8300-following-uk-gdp-retail-sales-data/): EUR/GBP continues its downward trajectory for the second straight day, trading near 0.8330 in early European hours. The currency pair faces pressure as the Pound Sterling (GBP) strengthens following the release of the United Kingdom’s (UK) Q4 Gross Domestic Product (GDP) and Retail Sales data on Friday. The UK GDP grew by 0.1% quarter-over-quarter in Q4, in … - [GBP/JPY remains weak near 195.00 despite upbeat UK Retail Sales data](https://todaymarkets.ae/gbp-jpy-remains-weak-near-195-00-despite-upbeat-uk-retail-sales-data/): The GBP/JPY cross weakens to near 195.00 during the early European session on Friday. The stronger UK economic data fails to boost the Pound Sterling (GBP) against the Japanese Yen (JPY).  Data released by the Office for National Statistics (ONS) showed on Friday that the UK Retail Sales increased 1.0% MoM in February versus a rise of 1.7% … - [Market’s focus will be primarily on the release of U.S. PCE inflation data](https://todaymarkets.ae/markets-focus-will-be-primarily-on-the-release-of-u-s-pce-inflation-data/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [UK Retail Sales unexpectedly rise 1% MoM in February vs. -0.3% expected](https://todaymarkets.ae/uk-retail-sales-unexpectedly-rise-1-mom-in-february-vs-0-3-expected/): The United Kingdom (UK) Retail Sales jumped 1% month-over-month (MoM) in February after jumping 1.7% in January, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.3% drop in the reported month. The core Retail Sales, stripping the auto motor fuel sales, rose by 1% MoM, against the previous revised … - [USD/CAD holds gains above 1.4300 ahead of US PCE Price Index, Canada’s GDP data](https://todaymarkets.ae/usd-cad-holds-gains-above-1-4300-ahead-of-us-pce-price-index-canadas-gdp-data/): USD/CAD continues its upward momentum for the second consecutive day, trading around 1.4310 during Asian hours on Friday. The pair benefits from increased risk aversion driven by growing concerns over impending US auto tariffs. On Wednesday, US President Donald Trump signed an order imposing a 25% tariff on auto imports and warned of further measures … - [USD/CHF holds above 0.8800 as traders await US PCE inflation data](https://todaymarkets.ae/usd-chf-holds-above-0-8800-as-traders-await-us-pce-inflation-data/): The USD/CHF pair trades in positive territory near 0.8825 during the early European session on Friday. The Greenback edges higher as traders assess how severe tariffs scheduled to be revealed by US President Donald Trump next week are likely to impact the global economy. The US February Personal Consumption Expenditures (PCE) data will be in … - [US core PCE inflation expected to remain sticky, reinforcing Federal Reserve’s cautious stance on rate cuts](https://todaymarkets.ae/us-core-pce-inflation-expected-to-remain-sticky-reinforcing-federal-reserves-cautious-stance-on-rate-cuts/): The United States (US) Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for February on Friday at 12:30 GMT. This index is the Federal Reserve’s (Fed) preferred measure of inflation. PCE inflation data is usually seen as a big market mover because it is taken into … - [US Dollar Index maintains position near 104.50 ahead of PCE Price Index data](https://todaymarkets.ae/us-dollar-index-maintains-position-near-104-50-ahead-of-pce-price-index-data/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, hovers around 104.30. The Greenback faced downward pressure as US bond yields decline—3.98% for the 2-year bond and 4.34% for the 10-year bond at the time of writing. However, Moody’s has cautioned that rising tariffs and tax … - [U.S. Government spotted moving 97 BTC and 884 ETH: Sell-off or Stockpile?](https://todaymarkets.ae/u-s-government-spotted-moving-97-btc-and-884-eth-sell-off-or-stockpile/): The U.S. government’s recent $10.23 million Bitcoin and Ethereum transfer has sparked speculation about potential liquidation or strategic accumulation under new policies. US government’s transfers of 97 BTC and 884 ETH sparks market speculations Citing Arkham Intelligence data, crypto analytics platform Lookonchain has reported a series of transactions linked to the United States government.  According to the post on … - [Ethereum - Whales increase buying pressure as developers set April 30 for Pectra mainnet upgrade](https://todaymarkets.ae/ethereum-whales-increase-buying-pressure-as-developers-set-april-30-for-pectra-mainnet-upgrade/): Ethereum price today: $1,930 Ethereum (ETH) has seen immense buying from whales on Thursday following core developers fixing April 30 as a tentative date for the Pectra upgrade to go live on mainnet. Ethereum whales increase buying pressure ahead of Pectra mainnet upgrade In its latest All Core Developers Consensus (ACDC) call, Ethereum developers tentatively scheduled April … - [Bitcoin, Ethereum, Ripple: BTC stabilizes while ETH and XRP show weakness](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-stabilizes-while-eth-and-xrp-show-weakness/): Bitcoin (BTC) price stabilizes at around $87,000 on Friday, as its RSI indicates indecisiveness among traders. However, Ethereum (ETH) and Ripple (XRP) show signs of weakness as they face resistance around their key levels and face a pullback this week. Bitcoin’s RSI indicator flatlines, suggesting indecisiveness among traders Bitcoin price broke and closed above its 200-day … - [Monday Is a Major Day in the Grain Futures Markets in The U.S.](https://todaymarkets.ae/monday-is-a-major-day-in-the-grain-futures-markets-in-the-u-s/): The U.S. Department of Agriculture will release its planting intentions and quarterly grain stocks reports on Monday, March 31 as 12:00 p.m. Eastern. This release will make Monday one of the most important grain-trading days of the year. History shows this report day to be a potential tone-setter in the grain and cotton markets for … - [Cotton Rallies Triple Digits on Thursday](https://todaymarkets.ae/cotton-rallies-triple-digits-on-thursday/): Cotton futures posted strength on Thursday, as contracts closed with front month gains of 100 to 139 points. The outside markets were supportive on the day. Crude oil futures were up 29 cents/barrel, as the US dollar index $0.292 lower on the day. USDA Export Sales data totaled 84,405 RB for 2024/25 in the week … - [Rain Forecasts for Brazil Undercut Sugar Prices](https://todaymarkets.ae/rain-forecasts-for-brazil-undercut-sugar-prices/): May NY world sugar #11 (SBK25) Thursday closed down -0.26 (-1.34%), and May London ICE white sugar #5 (SWK25) closed down -2.50 (-0.46%). Sugar prices Thursday slid to 1-1/2 week lows as forecasted rain for Brazil eased dryness concerns and sparked long liquidation in sugar futures.  Meteorologist Climatempo forecasted widespread showers for Brazil’s sugar-growing regions … - [Cocoa Prices Stabilize Above Recent Lows](https://todaymarkets.ae/cocoa-prices-stabilize-above-recent-lows/): May ICE NY cocoa (CCK25) Thursday closed down -65 (-0.81%), and May ICE London cocoa #7 (CAK25) closed down -91 (-1.45%). Cocoa prices Thursday settled moderately lower as they consolidated above recent lows.  Since posting 4-1/2 month lows last Friday, cocoa prices have traded sideways.  Losses in London cocoa accelerated Thursday when the British pound … - [Coffee Prices Fall Sharply as Global Production Concerns Recede](https://todaymarkets.ae/coffee-prices-fall-sharply-as-global-production-concerns-recede/): May arabica coffee (KCK25) Thursday closed down -13.20 (-3.37%), and May ICE robusta coffee (RMK25) closed down -86 (-1.58%). Coffee prices Thursday added to sharp Wednesday’s losses, with arabica falling to a 1-month nearest-futures low and robusta dropping to a 2-1/4 month nearest-futures low.  Coffee prices fell on forecasts for rain in Brazil that would … - [EUR/USD trades with mild negative bias below 1.0800; focus remains on US PCE Price Index](https://todaymarkets.ae/eur-usd-trades-with-mild-negative-bias-below-1-0800-focus-remains-on-us-pce-price-index/): The EUR/USD pair struggles to capitalize on the previous day’s goodish bounce from over a three-week low, around the 1.0730 area, and edges lower during the Asian session on Friday. Spot prices currently trade with mild negative bias below the 1.0800 mark, though the downtick lacks bearish conviction as investors await the release of the … - [EUR/JPY retreats below 163.00 following upbeat Tokyo CPI data](https://todaymarkets.ae/eur-jpy-retreats-below-163-00-following-upbeat-tokyo-cpi-data/): EUR/JPY retraces its recent gains from the previous session, trading around 162.70 during the Asian hours. The currency cross depreciates as the Japanese Yen (JPY) strengthens following the release of Tokyo’s Consumer Price Index (CPI) data on Friday. Tokyo’s core CPI rose 2.4% year-on-year in March, up from 2.2% in February, aligning with market expectations. … - [AUD maintains position following recent losses, US PCE inflation data eyed](https://todaymarkets.ae/aud-maintains-position-following-recent-losses-us-pce-inflation-data-eyed/): The Australian Dollar (AUD) weakens against the US Dollar (USD) on Friday, erasing gains from the previous session. The AUD/USD pair declines amid heightened risk aversion, driven by concerns over impending US auto tariffs. US President Donald Trump signed an order on Wednesday imposing a 25% tariff on auto imports, further escalating global trade tensions. These aggressive … - [USD/INR strengthens ahead of US PCE inflation data](https://todaymarkets.ae/usd-inr-strengthens-ahead-of-us-pce-inflation-data/): The Indian Rupee (INR) remains weak on Friday, pressured by month-end US Dollar (USD) demand from importers. US President Donald Trump late on Wednesday announced a 25% tariff on automotive imports, set to take effect on April 2. This, in turn, lifts the Greenback and undermines the Indian currency. Rising crude oil prices also contribute to the … - [XAU/USD advances to fresh all-time peak amid tariffs-driven global flight to safety](https://todaymarkets.ae/xau-usd-advances-to-fresh-all-time-peak-amid-tariffs-driven-global-flight-to-safety/): Gold price (XAU/USD) attracts follow-through buyers for the second consecutive day and climbs to a fresh record high, around the $3,077-3,078 area during the Asian session on Friday. The global risk sentiment takes a hit in reaction to US President Donald Trump’s auto tariffs announced on Wednesday. Moreover, the uncertainty over Trump’s impending reciprocal tariffs … - [Japanese Yen sticks to strong Tokyo CPI-inspired gains, lacks bullish conviction](https://todaymarkets.ae/japanese-yen-sticks-to-strong-tokyo-cpi-inspired-gains-lacks-bullish-conviction/): The Japanese Yen (JPY) attracts some buyers touching a nearly four-week low against its American counterpart during the Asian session on Friday, though it lacks follow-through. Strong consumer inflation data from Tokyo (Japan’s capital city) keeps the door open for more interest rate hikes by the Bank of Japan (BoJ). Moreover, the BoJ Summary of … - [GBP/USD Hovers around 1.2950 near nine-day EMA](https://todaymarkets.ae/gbp-usd-hovers-around-1-2950-near-nine-day-ema/): The GBP/USD pair holds steady after gains in the previous session, hovering around 1.2950 during Friday’s Asian trading hours. The technical analysis of the daily chart suggests a sustained bullish outlook, with the pair consolidating within an ascending channel pattern. The 14-day Relative Strength Index (RSI) stays above 50, signaling strong bullish momentum. Furthermore, the GBP/USD … - [Philip Morris Starts New U.S Marlet Expasnion With New IQOS](https://todaymarkets.ae/philip-morris-starts-new-u-s-marlet-expasnion-with-new-iqos/): Philip Morris (PM.US) officially launched its IQOS heated tobacco device in Austin, Texas on Thursday, priced at $60 with tobacco sticks at $8 per pack. The world’s largest cigarette maker aims to capture 10% of the U.S. tobacco and heated tobacco market by 2030 as it enters what it considers the top global market for smoking alternatives. … - [The Cost is 15% For Gamestop Blundering Bitcoin Bias](https://todaymarkets.ae/the-cost-is-15-for-gamestop-blundering-bitcoin-bias/): GameStop (GME.US) shares are down nearly 15% today, erasing yesterday’s rebound, which was largely driven by news that the company plans to include Bitcoin in its reserves. GameStop intends to shut down a significant portion of its physical video game retail locations and focus on a Bitcoin-centered strategy, similar to MicroStrategy. Shareholders have every right to … - [Dollar Tree Sells Family Dollar For $1Billion, Shares Gain 10%](https://todaymarkets.ae/dollar-tree-sells-family-dollar-for-1billion-shares-gain-10/): Dollar Tree shares jumped nearly 10% Wednesday after the discount retailer announced the sale of its troubled Family Dollar chain to private equity firms Brigade Capital Management and Macellum Capital Management for $1 billion, a fraction of the $8 billion it paid in 2015. Strategic Shift for Dollar Tree “This is a major milestone in … - [Trade of The Day - EUR/CAD](https://todaymarkets.ae/trade-of-the-day-eur-cad/): Facts:   Recommendation: Source: xStation5 Opinion: At the beginning of March, EURCAD surged well above SMA200 (purple), reaching its highest level since July 2020, just before the BoC’s latest rate decision. Markets had expected a 25 bps rate cut, but the hawkish tone of the recently released meeting minutes surprised investors. The document stated that … - [Kansas City Fed Index Higher Than Expected](https://todaymarkets.ae/kansas-city-fed-higher-than-expected/): Kansas City Fed Composite index came in -2 vs -5 exp. and -5 previously The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes … - [NATGAS Moves Lower on EIA Report](https://todaymarkets.ae/natgas-moves-lower-on-eia-report/): EIA Natural Gas Change BCF Actual 37B (Forecast 34B, Previous 9B) The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website … - [U.S. Pending Home Sales Above Expectations](https://todaymarkets.ae/u-s-pending-home-sales-above-expectations/): 02:00 PM GMT, United States – Pending Home Sales Index for February: United States – Pending Home Sales for February: The report highlights that contract signings remain below historical levels. It also notes that a decline in mortgage rates could benefit both buyers and sellers. The material on this page does not constitute financial advice and does not take … - [Final U.S. GDP Slightly Higher; Jobless Claims Below Expectations](https://todaymarkets.ae/final-u-s-gdp-slightly-higher-jobless-claims-below-expectations/): US Q4 2024 GDP final QoQ came in at 2.4% vs 2.3% exp. US Initial Jobless Claims Actual 224k (Forecast 225k, Previous 223k) US indices reacted positvely on data, which point to slightly lower price pressure (PCE) and slightly higher growth. However, those reading are not actual (Q4 2024). US2000 gains almost 0.7% today, while … - [Sell-Off Continues in Europe, Automotive Companies in Focus](https://todaymarkets.ae/sell-off-continues-in-europe-automotive-companies-in-focus/): General market situation: European stocks are losing ground today, extending the downward correction initiated yesterday. The German DAX is currently losing 1%, while the French CAC40 is down 0.58%. The Polish market is doing poorly, with losses reaching 0.6%. The most important macroeconomic data for today are the final GDP reading in the US (Q4), jobless … - [XAU/USD Surges 1.1% And Aproaching ATH](https://todaymarkets.ae/xau-usd-surges-1-1-and-aproaching-ath/): Gold surges above $3055 as US tariffs fuel safe haven demand💡 Yesterday, Donald Trump announced 25% tariffs on autos, signaling that he could offer China a tariff cut in case of positive progress in negotiations. However, markets interpret the 25% auto tariffs as a renewed trade war, fueling demand for safe-haven assets.Today, we can see … - [Economic Calendar - U.S. Q4 Data in Focus](https://todaymarkets.ae/economic-calendar-u-s-q4-data-in-focus/): Thursday will be packed with data from the U.S. (quarterly GDP, PCE, jobless claims, gas inventory changes) as well as speeches from European Central Bank (ECB) representatives. The final U.S. GDP reading for Q4 may attract investor attention following the OECD’s recent downgrade of U.S. growth forecasts. The quarterly PCE data will serve as a prelude … - [FX option expiries for Mar 27 NY cut](https://todaymarkets.ae/fx-option-expiries-for-mar-27-ny-cut/): FX option expiries for Mar 27 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts GBP/USD: GBP amounts      USD/JPY: USD amounts                                  AUD/USD: AUD amounts USD/CAD: USD amounts        EUR/GBP: EUR amounts         - [AUD holds gains as US Dollar struggles ahead of Q4 GDP Annualized data](https://todaymarkets.ae/aud-holds-gains-as-us-dollar-struggles-ahead-of-q4-gdp-annualized-data/): The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Thursday despite the increased risk aversion amid concerns over impending US auto tariffs. The AUD/USD pair weakened following President Donald Trump’s decision late Wednesday to impose a 25% tariff on auto imports, further escalating global trade tensions. The tariffs are set to take effect on April … - [EUR/JPY Tests nine-day EMA support near channel’s lower boundary at 161.50](https://todaymarkets.ae/eur-jpy-tests-nine-day-ema-support-near-channels-lower-boundary-at-161-50/): EUR/JPY dips slightly after gaining in the previous session, hovering around 161.90 during Thursday’s Asian trading hours. Technical analysis of the daily chart indicates the currency cross is moving within an ascending channel, supporting a bullish outlook. Additionally, the 14-day Relative Strength Index (RSI) remains above 50, reinforcing the bullish bias. The cross also stays above … - [USD/JPY sticks to intraday gains amid concerns about Trump's trade tariffs](https://todaymarkets.ae/usd-jpy-sticks-to-intraday-gains-amid-concerns-about-trumps-trade-tariffs/): The Japanese Yen (JPY) regains positive traction on Thursday as US President Donald Trump’s new tariffs on imported cars and light trucks starting next week boost demand for traditional safe-haven assets. Apart from this, the hawkish sentiment surrounding the Bank of Japan’s (BoJ) policy outlook, bolstered by strong wage growth for the third straight year, turns … - [USD/INR gathers strength on month-end US Dollar demand](https://todaymarkets.ae/usd-inr-gathers-strength-on-month-end-us-dollar-demand/): The Indian Rupee (INR) loses momentum on Thursday. Concerns over potential tariff retaliations and rising month-end US Dollar (USD) demand from importers undermine the Indian currency. Furthermore, a rise in crude oil prices contributes to the INR’s downside as India is the world’s third-largest oil consumer.    Nonetheless, the positive outlook in domestic equities and renewed foreign fund … - [USD/CAD remains subdued near 1.4250 despite concerns over impending US auto tariffs](https://todaymarkets.ae/usd-cad-remains-subdued-near-1-4250-despite-concerns-over-impending-us-auto-tariffs/): USD/CAD remains subdued for the fourth consecutive day, hovering around 1.4260 during Asian trading hours on Thursday. The pair is under pressure as the US Dollar (USD) weakens amid declining Treasury yields. The US Dollar Index (DXY), which tracks the USD against six major currencies, is retreating from recent gains, trading near 104.30. Meanwhile, yields … - [Cotton Post Wednesday Gains](https://todaymarkets.ae/cotton-post-wednesday-gains/): Cotton futures closed out the Wednesday session with contracts getting a midweek pop. Front months were up 40 to 54 points at the closing bell. Crude oil futures were up 94 cents/barrel and the US dollar index $0.369 higher on the day.  The Seam showed 2,569 bales in online sales on Tuesday at an average … - [Dollar Strength Weighs on Sugar Prices](https://todaymarkets.ae/dollar-strength-weighs-on-sugar-prices/): May NY world sugar #11 (SBK25) Wednesday closed down -0.16 (-0.82%), and May London ICE white sugar #5 (SWK25) closed down -4.40 (-0.81%). Sugar prices Wednesday settled moderately lower as strength in the dollar (DXY00) weighed on most commodity prices, including sugar.  Sugar prices have rallied over the past two weeks, with NY sugar posting … - [Cocoa Prices Consolidate Recent Losses](https://todaymarkets.ae/cocoa-prices-consolidate-recent-losses/): May ICE NY cocoa (CCK25) Wednesday closed up +49 (+0.61%), and May ICE London cocoa #7 (CAK25) closed up +69 (+1.12%). Cocoa prices Wednesday settled moderately higher as they consolidated above recent lows.  Gains in London cocoa accelerated Wednesday when the British pound (^GBPUSD) fell to a 2-week low, boosting cocoa that is priced in … - [Coffee Prices Retreat on Rain Forecasts for Brazil](https://todaymarkets.ae/coffee-prices-retreat-on-rain-forecasts-for-brazil/): May arabica coffee (KCK25) Wednesday closed down -6.55 (-1.64%), and May ICE robusta coffee (RMK25) closed down 154 (-2.75%). Coffee prices Wednesday erased an early rally and retreated after meteorologist Climatempo forecast widespread showers for Brazil’s coffee-growing regions later this week.   Coffee prices Wednesday initially moved higher, with arabica posting a 2-1/2 week high … - [Tesla Drops 6% Amid EV Subsidy Freeze in Canada](https://todaymarkets.ae/tesla-drops-6-amid-ev-subsidy-freeze-in-canada/): Tesla (TSLA.US) shares are down nearly 6% today, contributing to the broader 1.6% sell-off on the Nasdaq. Alongside Nvidia, they are among the weakest performers on the U.S. stock market. Tesla (D1 Chart) Tesla shares are declining, and the EMA200 and EMA50 exponential moving averages are on track to form a ‘death cross’ pattern. Source: xStation5 Tesla (H1 Chart) … - [GBP/USD rises above 1.2900 as US yields decline, Q4 GDP Annualized report eyed](https://todaymarkets.ae/gbp-usd-rises-above-1-2900-as-us-yields-decline-q4-gdp-annualized-report-eyed/): GBP/USD recovers its recent losses from the previous session, climbing to around 1.2910 during Thursday’s Asian session. The pair is strengthening as the US Dollar (USD) remains under pressure due to declining Treasury yields, with the 2-year and 10-year yields hovering at 4.0% and 4.34%, respectively. Market participants are closely monitoring upcoming US economic data, … - [EUR/USD rebounds from multi-week low, climbs to 1.0780 area amid USD downtick](https://todaymarkets.ae/eur-usd-rebounds-from-multi-week-low-climbs-to-1-0780-area-amid-usd-downtick/): The EUR/USD pair rebounds from over a three-week low, around the 1.0735-1.0730 area touched during the Asian session on Thursday, and for now, seems to have snapped a six-day losing streak. The momentum lifts spot prices to the 1.0780 region, or a fresh daily high in the last hour, and is sponsored by renewed US … - [XAU/USD firms above $3,000 after Trump's tariff headlines](https://todaymarkets.ae/xau-usd-firms-above-3000-after-trumps-tariff-headlines/): Gold price has flat-lined late in the North American session, capped by the recovery of the US Dollar Index (DXY), which fell to a low of 104.18 before staging a recovery. The move was sponsored by the White House, which said that President Donald Trump would announce automobile tariffs at around 22:00 GMT. At the … - [WTI edges higher above $69.50 on Venezuela supply concerns](https://todaymarkets.ae/wti-edges-higher-above-69-50-on-venezuela-supply-concerns/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.60 during the early Asian session on Thursday. The WTI price extends the rally to a near four-week high amid mounting concerns about tighter global supply after the US threat of tariffs on countries buying Venezuelan production. WTI price has been supported since US President Donald Trump slapped a 25% … - [XAG/USD maintains position above $33.50 due to safe-haven demand](https://todaymarkets.ae/xag-usd-maintains-position-above-33-50-due-to-safe-haven-demand/): Silver (XAG/USD) recovers recent losses from the previous session, trading around $33.70 per troy ounce during Asian hours on Thursday. The metal gains traction as investors seek safe-haven assets following the US auto tariff announcement, which has fueled concerns over potential retaliatory measures next week. Risk-off sentiment intensified after US President Donald Trump signed an … - [Nasdaq Tumbles 1.5%](https://todaymarkets.ae/nasdaq-tumbles-1-5/): Nasdaq loses momentum dragged down by 5.5% Nvidia sell-off and tariffs uncertainty 📉 The futures on Nasdaq 100 index (US100) slips almost 1.5% today, halting a three-day winning streak, as semiconductor giant Nvidia led technology shares lower following reports that China is implementing new restrictions that could significantly impact the chipmaker’s business. Nvidia, one of … - [Fed Kashkari Addresses Tariffs Uncertainty](https://todaymarkets.ae/fed-kashkari-addresses-tariffs-uncertainty/): Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, commented today on the state of the U.S. economy, pointing to significant uncertainty related to trade tariffs. The U.S. dollar is gaining slightly, while the Japanese yen is under heavy pressure. Data from Japan showed no year-over-year growth in chain store sales for February, disappointing expectations for a … - [U.S Oil Inventories Lower Than Expected](https://todaymarkets.ae/u-s-oil-inventories-lower-than-expected/): EIA Crude Oil Inventories: -3.341M (Forecast 1.977M, Previous 1.745M) OIL.WTI gains today almost 0.8% but declined 5 minutes after the US EIA report, despite more favorable for bulls inventories data. Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation … - [UK Economy - Spring Statement Review](https://todaymarkets.ae/uk-economy-spring-statement-review/): The UK bond market spares Rachel Reeves The Spring Statement was a relatively stable affair. The spending cuts had been well flagged in advance, the 2025 OBR growth forecast was cut in line with expectations, growth further in the future was revised higher, and the biggest sweetener for the bond market was news from the … - [Nasdaq Doww 1.1% While Nvidia 4% Selloff Pressures Semiconductors](https://todaymarkets.ae/nasdaq-doww-1-1-while-nvidia-4-selloff-pressures-semiconductors/): Overall market sentiment on Wall Street remains fragile, dragged down by losses in large-cap tech, with Nvidia, Tesla, and Taiwan Semiconductor leading the declines. Big Tech as a whole is under pressure. However, other sectors in the S&P 500 are providing some cushion. The solid economic data also dampens hopes of aggressive Fed rate cuts, … - [GameStop Surges 13% as Board Approves Bitcoin as Treasury Reserve Asset](https://todaymarkets.ae/gamestop-surges-13-as-board-approves-bitcoin-as-treasury-reserve-asset/): GameStop shares jumped as much as 12% after the video game retailer announced its board had unanimously approved an update to its investment policy to add Bitcoin as a treasury reserve asset. The move comes alongside disappointing fourth-quarter results, with net sales tumbling 28% year-over-year to $1.28 billion. The company is joining a growing list … - [Tariffs And Corn Prices](https://todaymarkets.ae/tariffs-and-corn-prices/): The trade war initiated by Donald Trump is in full swing. The battle, which began in early February, constantly shifts its pace and direction. Although tariffs on China have already reached 20%, the situation with Mexico, Canada, and the rest of the world remains uncertain. Investors are eagerly awaiting April 2, when the United States … - [Trade of The Day - DAX40](https://todaymarkets.ae/trade-of-the-day-dax40/): Facts:  DE40 bounced off the lower limit of 1:1 structureGerman index is trading in an upward channel Recommendation: Trade: Long DE40 at market priceTarget: 23400, 23540Stop: 23076 Opinion: Looking at the DE40 chart, one can see a potential upwardtrend resumption. The recent downward correction stopped at the key support area. The aforementioned support results from the lower … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-6/): The Japanese yen was the weakest G10 currency today. JPY began to weaken sharply after Governor Ueda’s speech, which was perceived as dovish by financial markets. At the moment, the losses have been partially recovered, but USDJPY is still up 0.11% at 150.1000. The Governor of the Bank of Japan (BOJ), Kazuo Ueda, focused his speech … - [UK- Chancellor's Spring Statement Preview](https://todaymarkets.ae/uk-chancellors-spring-statement-preview/): Spring statement preview: The Chancellor swings the axe The Chancellor will deliver her spring statement on Wednesday 26th March at 1200 GMT. The Chancellor has said that this is not a fiscal event, however, she is expected to announce a swathe of spending cuts that have been well signaled in recent days. Big cuts are expected … - [Economic Calendar - U.S. Durable Goods Data in Focus](https://todaymarkets.ae/economic-calendar-u-s-durable-goods-data-in-focus/): Today’s macroeconomic calendar is rather uninteresting. The most important publication that markets may pay attention to is the U.S. durable goods orders report. In addition, the weekly oil inventory report will be released, and we will hear opinions from several FOMC members, including Kashkari and Musalem, regarding the current state of the U.S. economy. Nevertheless, … - [EUR/GBP Gains After Disappointing UK CPI Data](https://todaymarkets.ae/eur-gbp-gains-after-disappointing-uk-cpi-data/): 07:00 AM GMT, United Kingdom – Inflation Data for February: UK inflation eased in February 2025, with CPI increasing 2.8% (down from 3.0%). Monthly inflation was 0.4%, lower than the 0.6% rise seen a year earlier. Clothing was the main driver of the slowdown, with additional downward pressure from housing costs in CPIH. Core inflation also declined slightly, with … - [Let's Catch up](https://todaymarkets.ae/lets-catch-up/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [WTI drifts higher above $69.00 on Venezuela supply worries](https://todaymarkets.ae/wti-drifts-higher-above-69-00-on-venezuela-supply-worries/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.15 during the early Asian session on Wednesday. The WTI price extends its upside on a larger-than-expected crude draw and concerns about tighter global supply due to threatened US tariffs on countries buying Venezuelan production. Crude Oil inventories declined larger than expected last week. The American Petroleum … - [Cotton futures saw some weakness on Tuesday ](https://todaymarkets.ae/cotton-futures-saw-some-weakness-on-tuesday/): Cotton futures saw some weakness on Tuesday with contracts as much at 28 points lower in the nearbys. The outside factors were supportive, albeit slightly. Crude oil were futures up 9 cents/barrel and the US dollar index $0.081 lower so far on the day. Analysts surveyed by Bloomberg estimate next Monday’s Prospective Planting report to … - [Dollar Weakness Sparks Short Covering in Sugar](https://todaymarkets.ae/dollar-weakness-sparks-short-covering-in-sugar/): May NY world sugar #11 (SBK25) Tuesday closed up +0.25 (+1.30%), and May London ICE white sugar #5 (SWK25) closed up +2.30 (+0.42%). Sugar prices Tuesday recovered from 1-week lows and settled moderately higher as a decline in the dollar index (DXY00) sparked short covering in sugar futures.  Sugar prices have rallied over the past … - [Cocoa Prices Slip on Beneficial Weather in West Africa](https://todaymarkets.ae/cocoa-prices-slip-on-beneficial-weather-in-west-africa/): May ICE NY cocoa (CCK25) Tuesday closed down -84 (-1.04%), and May ICE London cocoa #7 (CAK25) closed down -128 (-2.03%). Cocoa prices settled moderately lower on Tuesday as favorable weather in West Africa aids pod developments and should boost yields for the upcoming mid-crop cocoa harvest.  Cocoa prices have been on the defensive over … - [Coffee Prices Post Moderate Gains on Adverse Weather in Brazil and Vietnam](https://todaymarkets.ae/coffee-prices-post-moderate-gains-on-adverse-weather-in-brazil-and-vietnam/): May arabica coffee (KCK25) Tuesday closed up +5.15 (+1.31%), and May ICE robusta coffee (RMK25) closed up +90 (+1.64%). Coffee prices on Tuesday posted moderate gains, with robusta climbing to a 2-1/2 week high.   Weather concerns in Brazil and Vietnam are boosting coffee prices.   Cooxupe, Brazil’s largest arabica coffee co-operative, said high temperatures … - [Ethereum, Ripple: BTC, ETH, and XRP could face volatility as Trump’s “Liberation Day” nears](https://todaymarkets.ae/ethereum-ripple-btc-eth-and-xrp-could-face-volatility-as-trumps-liberation-day-nears/): Bitcoin (BTC) price hovers around $87,000 on Wednesday after recovering 4% in the last three days. Ethereum (ETH) and Ripple (XRP) find support around their key level, suggesting a recovery on the cards. Traders should keep an eye on Trump’s upcoming “Liberation Day” on April 2, with significant tariff announcements, which could trigger increased volatility in … - [XRP fails to rally as Ripple agrees to drop cross-appeal against SEC](https://todaymarkets.ae/xrp-fails-to-rally-as-ripple-agrees-to-drop-cross-appeal-against-sec/): Ripple confirmed on Tuesday that it will no longer pursue its cross-appeal against the United States (US) Securities and Exchange Commission (SEC). XRP’s price remained fairly muted despite the positive development. Ripple to drop cross-appeal against SEC Ripple has agreed to drop its cross-appeal against the SEC, bringing its case with the agency to a … - [Fed’s Goolsbee believes borrowing costs would be “a fair bit lower” in 12-18 months from now – FT](https://todaymarkets.ae/feds-goolsbee-believes-borrowing-costs-would-be-a-fair-bit-lower-in-12-18-months-from-now-ft/): Chicago Federal Reserve (Fed) President Austan Goolsbee said in a Financial Times (FT) interview on Wednesday that he “believed borrowing costs would be “a fair bit lower” in 12-18 months from now.” Additional comments We’re no longer on the golden path as seen in the last two years. We’re now entering into a different chapter. … - [FX option expiries for Mar 26 NY cut](https://todaymarkets.ae/fx-option-expiries-for-mar-26-ny-cut/): FX option expiries for Mar 26 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts GBP/USD: GBP amounts      USD/JPY: USD amounts                                  USD/CHF: USD amounts      AUD/USD: AUD amounts USD/CAD: USD amounts        - [USD/INR jumps on a rise in month-end US Dollar demand](https://todaymarkets.ae/usd-inr-jumps-on-a-rise-in-month-end-us-dollar-demand/): The Indian Rupee (INR) loses momentum on Wednesday. Month-end US Dollar (USD) demand from local oil companies and importers, coupled with the Greenback’s recovery against major currencies, undermines the Indian currency. Additionally, extended gains in crude oil prices might weigh on the INR as India is the world’s third-largest oil consumer.  On the other hand, the rise … - [EUR/USD gains traction above 1.0750 as US consumer confidence tumbles to a four-year low](https://todaymarkets.ae/eur-usd-gains-traction-above-1-0750-as-us-consumer-confidence-tumbles-to-a-four-year-low/): The EUR/USD pair gains ground to near 1.0780 during the Asian trading hours on Wednesday. The Greenback softens against the Euro (EUR) due to the weaker US economic data and the uncertainty surrounding US President Donald Trump’s trade policy ahead of a new round of tariffs next week. The US Durable Goods Orders report for February is due later on … - [AUD/NZD - Recommendation From Barclays](https://todaymarkets.ae/aud-nzd-recommendation-from-barclays/): Barclays has issued a recommendation for the AUDNZD currency pair. Barclays recommends taking a long position on the pair with the following levels: Entry (market): 1.0995Target: 1.1200Stop: 1.0900 Barclays recommends taking a long position on AUDNZD at the market price with a target of 1.1200 and a Stop Loss at 1.0900. Source: xStation 5 The … - [EUR/USD Moves Lower On Better Than Expected ADP Data](https://todaymarkets.ae/eur-usd-moves-lower-on-better-than-expected-adp-data/): 13:15 PM BST, United States – Employment Data for March: Treasury prices held gains after ADP reported March private-sector employment rose 155,000, above the expected 120,000, rebounding from February’s weather-affected slump. “The March topline number was a good one for the economy,” noted ADP’s chief economist, despite ongoing policy uncertainty. EURUSD drops after better than expected employment data. The … - [ADP, NFP And Market Edginess](https://todaymarkets.ae/adp-nfp-and-market-edginess/): Today at 1:15 PM (GMT), we will receive the first US private labor market report for March – the ADP employment data – ahead of Friday’s official NFP release. Bloomberg consensus expects a moderate increase of around 120,000 new jobs, indicating an improvement from February’s 77,000, which marked the lowest reading since July 2024. Expectations … - [It's All About The Tariff's](https://todaymarkets.ae/its-all-about-the-tariffs/): Investors have been waiting for the announcement of Trump’s reciprocal tariffs, and today it will arrive. The President is set to announce the tariff arrangement at 22:00 GMT, after US stock markets have closed. European stocks are lower today, however Japan’s Nikkei eked out a gain. US stock market futures are also pointing to a … - [Trade of The Day CT - Cotton](https://todaymarkets.ae/trade-of-the-day-ct-cotton/): Facts:Cotton broke above the downward channelThe commodity invalidated 1:1 structure Recommendation: Trade: Long position on COTTON at market priceTarget: 71.75, 73.40Stop: 65.80 Opinion: Looking at the Cotton chart on D1 interval, it looks like there is a chance to recover from a recent downward move. According to the Overbalance methodology, the price broke above the upper … - [Chart of The Day - Gold - XAU](https://todaymarkets.ae/chart-of-the-day-gold-xau/): Gold is gaining 0.60% today, eliminating yesterday’s losses and once again surpassing the level of 3130 USD per ounce. The rise is, of course, driven by record market uncertainty as the moment of the U.S. tariff announcement approaches. The main factor driving recent gold gains is the growing uncertainty in global markets, largely fueled by … - [The VIX Looks to The Upside Amid Tariff Uncertainty](https://todaymarkets.ae/the-vix-looks-to-the-upside-amid-tariff-uncertainty/): The futures on CBOE Volatility Index (VIX) gain 1.1%  today, rising above 21 as uncertainty around today Donald Trump tariffs anonucmenet (so-called Liberation Day) increases hedging demand on Wall Street. Despite that fact, sentiment suggests further risk-off behavior on Wall Street, and even that option may not be enough to support the indices. VIX volatility … - [European Stocks Broadly Negative Amid U.S. Tariff Announcement](https://todaymarkets.ae/european-stocks-broadly-negative-amid-u-s-tariff-announcement/): European markets are broadly negative as investors await President Trump’s tariff announcement. The volatility gauge VSTOXX rose 1.00% to 20.13, with Spain’s SPA35 the only other gainer, up 0.39% to 13279. Germany’s DE40 led declines (-0.77% to 22553.6), followed by Italy’s ITA40 (-0.59% to 37549) and France’s FRA40 (-0.42% to 7854.2). The EU50 fell -0.40% to … - [Economic Calendar - Markets Pause in Anticipation of U.S. Tariff Announcement](https://todaymarkets.ae/economic-calendar-markets-pause-in-anticipation-of-u-s-tariff-announcement/): Today we will learn the long-awaited list of tariff rates set by the Trump administration at 20:00 GMT. Earlier, the first labor market report for March, ADP, and durable goods orders will be published. In recent weeks, financial markets have been practically dictated by new announcements regarding U.S. tariff rate levels. Today, we are expected … - [Let's Catch up - Market Update](https://todaymarkets.ae/lets-catch-up-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [GBP/USD flat lines above 1.2900 mark as traders await Trump’s tariffs announcement](https://todaymarkets.ae/gbp-usd-flat-lines-above-1-2900-mark-as-traders-await-trumps-tariffs-announcement/): The GBP/USD pair struggles to capitalize on the overnight bounce from the vicinity of the 1.2870 support zone, or a multi-week low touched last Thursday, and oscillates in a narrow band during the Asian session on Wednesday. Spot prices currently trade around the 1.2915-1.2920 region, nearly unchanged for the day, as traders keenly await US … - [USD/CAD Holds above 1.4300, 100-day SMA pivotal support ahead of Trump’s tariffs](https://todaymarkets.ae/usd-cad-holds-above-1-4300-100-day-sma-pivotal-support-ahead-of-trumps-tariffs/): The USD/CAD pair reverses an Asian session dip to sub-1.4300 levels or a fresh weekly low touched during the Asian session on Wednesday, and for now, seems to have stalled the overnight pullback from the 1.4415 area, or a nearly three-week high. Spot prices, however, lack follow-through buying as traders opt to wait on the sidelines … - [Nat-Gas Prices Sink on Forecasts for Warmer US Temps](https://todaymarkets.ae/nat-gas-prices-sink-on-forecasts-for-warmer-us-temps/): May Nymex natural gas (NGK25) on Tuesday closed down -0.168 (-4.08%). May nat-gas prices retreated Tuesday after US weather forecasts trended warmer for the first half of April, which will reduce heating demand for nat-gas.  NatGasWeather.com said Tuesday that forecasts shifted to above-normal temperatures in the western, central, and southern US for April 6-13.   … - [Cotton Rallied Higher on Tuesday](https://todaymarkets.ae/cotton-rallied-higher-on-tuesday/): Cotton futures posted 89 to 142 point gains across most nearby contracts on Tuesday. Futures shrugged off negative outside factors. Crude oil futures were back down 34 cents/barrel, as the US dollar index was $0.032 higher on the day.  The monthly NASS Cotton Systems report showed 257 RB of extra long stable cotton consumed during February, … - [Sugar Prices Supported by Strength in the Brazilian Real](https://todaymarkets.ae/sugar-prices-supported-by-strength-in-the-brazilian-real/): May NY world sugar #11 (SBK25) Tuesday closed up +0.49 (+2.60%), and May London ICE white sugar #5 (SWK25) closed up +11.00 (+2.06%). Sugar prices posted sharp gains Tuesday as short-covering emerged in sugar futures after the Brazilian real (^USDBRL) rose to a 1-1/2 week high against the dollar.  The stronger real discourages export selling … - [Cocoa Prices Close Sharply Higher as Ivory Coast Cocoa Exports Slow](https://todaymarkets.ae/cocoa-prices-close-sharply-higher-as-ivory-coast-cocoa-exports-slow/): May ICE NY cocoa (CCK25) Tuesday closed up +275 (+3.48%), and May ICE London cocoa #7 (CAK25) closed up +103 (+1.66%). Cocoa prices rallied Tuesday after news that Ivory Coast cocoa exports slowed.  Tuesday’s government data showed that Ivory Coast farmers shipped 1.44 MMT of cocoa to ports this marketing year from October 1 to … - [Coffee Prices Settle Higher on Supply Concerns](https://todaymarkets.ae/coffee-prices-settle-higher-on-supply-concerns/): May arabica coffee (KCK25) Tuesday closed up +9.30 (+2.45%), and May ICE robusta coffee (RMK25) closed up +103 (+1.95%). Coffee prices on Tuesday recovered from 2-month lows and closed higher.  Short-covering emerged in coffee futures Tuesday due to weather concerns in Brazil after Somar Meteorologia forecasted limited rainfall in Brazil’s coffee-growing regions over the next … - [XAG/USD jumps above $33.50 amid looming Trump tariff](https://todaymarkets.ae/xag-usd-jumps-above-33-50-amid-looming-trump-tariff/): The Silver price (XAG/USD) attracts some buyers to around $33.85 during the early European session on Wednesday. The concerns over US President Donald Trump’s tariff plans widening the global trade war and triggering an economic slowdown boost the safe-haven flows, supporting the Silver price. Investors brace for US President Donald Trump’s announcement of reciprocal tariffs later on Wednesday.  … - [XAU/USD price remains close to record high amid concerns over Trump’s reciprocal tariffs](https://todaymarkets.ae/xau-usd-price-remains-close-to-record-high-amid-concerns-over-trumps-reciprocal-tariffs/): Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Wednesday and stalls the previous day’s modest retracement slide from a fresh record high. Investors continue to take refuge in traditional safe-haven assets amid the uncertainty over US President Donald Trump’s so-called reciprocal tariffs and their impact on the global economy. Moreover, geopolitical tensions act … - [EUR/USD consolidates as traders holder their breath ahead of tariffs](https://todaymarkets.ae/eur-usd-consolidates-as-traders-holder-their-breath-ahead-of-tariffs/): EUR/USD stuck to familiar levels on Tuesday, churning chart paper close to the 1.0800 handle as investors brace for US President Donald Trump’s long-threatened “reciprocal” tariffs package, due to be announced on Wednesday at 1900 GMT (4 pm EST). The exact details of President Trump’s ever-changing tariff proposals remain cloudy at best, and are due to … - [WTI remains capped below $71.00 as Trump’s tariffs loom](https://todaymarkets.ae/wti-remains-capped-below-71-00-as-trumps-tariffs-loom/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.95 during the early Asian session on Tuesday. The WTI price edges higher amid supply worries after US President Donald Trump threatened Russia with oil tariffs. However, the upside for the black gold might be limited as traders braced for reciprocal tariffs that Trump is set to announce on … - [AUD/USD holds steady below 0.6300 as Trump prepares to unveil reciprocal tariffs](https://todaymarkets.ae/aud-usd-holds-steady-below-0-6300-as-trump-prepares-to-unveil-reciprocal-tariffs/): The AUD/USD pair trades on a flat note near 0.6275 during the early Asian session on Wednesday. The markets turn cautious ahead of US President Donald Trump’s announcement of reciprocal tariffs. Also, the US March ADP Employment Change will be published.  Trump is set to implement tariffs on US trading partners on Wednesday, potentially adding more tariffs on … - [JPY bears seem reluctant to place aggressive bets; USD/JPY remains below 150.00](https://todaymarkets.ae/jpy-bears-seem-reluctant-to-place-aggressive-bets-usd-jpy-remains-below-150-00/): The Japanese Yen (JPY) remains on the back foot against its American counterpart through the Asian session on Wednesday on the back of worries about the potential economic fallout from US President Donald Trump’s trade tariffs. Apart from this, a generally positive tone around the equity markets is seen undermining the safe-haven JPY. Traders, however, … - [NZD/USD advances to fresh weekly top, around 0.5720-0.5725 region](https://todaymarkets.ae/nzd-usd-advances-to-fresh-weekly-top-around-0-5720-0-5725-region/): The NZD/USD pair gains strong follow-through positive traction for the second straight day and climbs to a fresh weekly high, around the 0.5720-0.5725 region during the Asian session on Wednesday.  A generally positive tone around the equity markets, along with the optimism over China’s economy, turns out to be key factors benefiting antipodean currencies, including … - [USD/INR rises as Trump’s “Liberation Day” looms](https://todaymarkets.ae/usd-inr-rises-as-trumps-liberation-day-looms/): The Indian Rupee (INR) softens on Wednesday. The local currency retreats after logging its best monthly rise in over six years, driven by a weaker Greenback and renewed foreign inflows into equities. Analysts expect the INR’s near-term outlook to depend on US President Donald Trump’s anticipated reciprocal tariff on major trading partners, set on Wednesday. Traders will assess how … - [USD/CAD Lower on Weak ISM And Canadian PMs Remarks](https://todaymarkets.ae/usd-cad-lower-on-weak-ism-and-canadian-pms-remarks/): The mounting pressure on the Canadian dollar ahead of “Liberation Day” has sharply eased following the ISM data indicating a slowdown in the U.S. industrial sector (USDCAD: -0.5%). According to the latest ISM report, the U.S. industrial expansion of the past two months has stalled. Various sectors are reporting a significant decline in orders from … - [Trade of The Day - AUD/USD](https://todaymarkets.ae/trade-of-the-day-aud-usd-3/): Facts:The pair bounced off the key resistance area near 0.6260Mid – term trend remains downwardHead and shoulders formation can be spotted on the chart Recommendation: Trade: Short position on AUDUSD at market priceTarget: 0.6200, 0.6138Stop: 0.6280 Opinion: Looking at AUDUSD on the H4 interval, one can spot head and shoulders pattern, which often heralds a downward … - [Wall Street Pressured by Weak Manufacturing ISM And Jolts Data](https://todaymarkets.ae/wall-street-pressured-by-weak-manufacturing-ism-and-jolts-data/): Sentiments on Wall Street are weak again today, as investors fear the tariffs, weaker than expected economic data and rising price unstability, signalled by March ISM manufacturing data. The weakest index today is US2000 which slides more than 1.2%, as US low-caps remain more fragile to US stagflation/recession fears. Source: xStation5 US100 failed to rebound above key … - [VIX Gains 1.8% Ahead of U.S Flash Manufacturing ISM And Jolts Report](https://todaymarkets.ae/vix-gains-1-8-ahead-of-u-s-flash-manufacturing-ism-and-jolts-report/): The futures on CBOE Volatility Index (VIX) gains more than 2% today, ahead of key US macro reading of the day, which is the ISM Manufacturing report for March, scheduled at 3 PM GMT. The S&P 500  finished the Q1 2025 down 4.6%, with the worst first quarter of a year since the first quarter … - [Johnson & Johnson Shares Fall as Judge Rejects $10 Billion Talc Settlement](https://todaymarkets.ae/johnson-johnson-shares-fall-as-judge-rejects-10-billion-talc-settlement/): Johnson & Johnson (JNJ.US) shares fell more than 3.5% to $159.60 in premarket trading Tuesday after a U.S. bankruptcy judge rejected the company’s $10 billion proposal to resolve thousands of lawsuits alleging its talc products cause cancer. The ruling marks the third time J&J’s bankruptcy strategy has failed in court. Judge Christopher Lopez determined that … - [European Stocks Throwing Caution to The Wind](https://todaymarkets.ae/european-stocks-throwing-caution-to-the-wind/): General market situation: European shares are gaining relatively strongly during today’s session, as the declines that began after the announcement of customs changes on car imports to the US have been halted. However, investors are now anxiously awaiting tomorrow, which is to bring further customs changes, the so-called “Liberation Day”. The German DAX is currently … - [Let's Talk U.S. Reciprocal Tariffs](https://todaymarkets.ae/lets-talk-u-s-reciprocal-tariffs/): How will they impact financial markets? On April 2nd reciprocal tariffs from the US will finally be announced. Ahead of what President Trump calls ‘Liberation Day’, stock markets have slumped, and investors have rushed into haven assets like gold. Initially reciprocal tariffs were viewed as equalizing tariffs: the US would impose a levy on imports from … - [Eurozone Core CPI Flash And Unemployment Rate Slightly Below Expectations](https://todaymarkets.ae/eurozone-core-cpi-flash-and-unemployment-rate-slightly-below-expectations/): Eurozone flash CPI (March) came in 2.2% vs 2.2% exp. and 2.3% previously Eurozone flash Core CPI came in 2.4% vs 2.5% exp. and 2.6% previously Eurozone unemployment rate came in at 6.1% vs 6.2% exp. and 6.2% previously The EURUSD pair slides 0.16% today, however the pair rebounded slightly after The Washington Post reported that the … - [Positive Sentiment on Wall Street While Bitcoin Gains 2%](https://todaymarkets.ae/positive-sentiment-on-wall-street-while-bitcoin-gains-2/): Cryptocurrencies gain as indices on Wall Street try to halt the sell-off, with Bitcoin up nearly 2% today, and rising above $84k level. Nasdaq futures (US100) gains 0.4% today, while VIX drops 0.3% falling cumulative almost 8% from Monday highs. Microstrategy (MSTR.US) informed about buying 22,082 Bitcoins for almost $1,8 billion. Currenty the company hold … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd/): The Bank of Australia has decided to keep interest rates on hold at 4.1%, as expected, and the RBA has also maintained its status quo in its statement. The key detail is that bankers confirm that monetary policy remains tight and acknowledge that risks to the inflation outlook are still bilateral. However, this does not … - [Euro Moves Higher Despite Lower Eurozone CPI Reading](https://todaymarkets.ae/euro-moves-higher-despite-lower-eurozone-cpi-reading/): Eurozone CPI (Y/Y) Mar P: 2.2% (est 2.2%; prev 2.3%) – CPI (M/M): 0.6% (est 0.6%; prev 0.4%) – Core CPI (Y/Y): 2.4% (est 2.5%; prev 2.6%) The euro is resuming an upward momentum despite a lower core inflation reading, which is a dovish element in relation to possible further ECB decisions. Source: xStation  The … - [Feds Barkin And Williams Comments on The State of The U.S Economy](https://todaymarkets.ae/feds-barkin-and-williams-comments-on-the-state-of-the-u-s-economy/): Yesterday, Federal Reserve members Thomas Barkin and John Williams commented on the state of the U.S. economy. Below is a summary of their remarks. Williams (Federal Reserve) Barkin (Federal Reserve) USD Index (Daily Chart) Donald Trump is set to announce a new tariff plan on April 2nd in the White House Rose Garden. Source: xStation5 … - [To Buy or to Sell, That is The Question](https://todaymarkets.ae/to-buy-or-to-sell-that-is-the-question/): We live in an era of turbulence in financial markets—pandemics, military conflicts, political uncertainty, the looming U.S. debt crisis, and rapidly shifting global economic policies are all pushing investors to seek ways to protect their capital while still aiming for returns—even under challenging conditions. It’s fair to say that during times of uncertainty, the number … - [EUR Under Pressure Amid Weak PMI Data From Eurozone](https://todaymarkets.ae/eur-under-pressure-amid-weak-pmi-data-from-eurozone/): Key PMI March headlines: Weak final PMI data for European industry. Data below 50, which indicates continued difficulties for the sector, and the final readings themselves are also worse than expected. Slightly dovish data for the Euro, so it is worth keeping a close eye on possible changes in the 1.08 zone, which is currently … - [European Markets Bounce Despit Tariff Risks](https://todaymarkets.ae/european-markets-bounce-despit-tariff-risks/): What a difference a day makes, European stocks have bounced at the start of the new quarter and indices are a sea of green. The Eurotosxx 600 index is higher by 1%, eroding some of Monday’s losses. There are some big gains for European auto makers and in the pharma sector, after Astra Zeneca reported … - [Economic Calendar - Manufacturing PMI Data in Focus](https://todaymarkets.ae/economic-calendar-manufacturing-pmi-data-in-focus/): We are about to start Tuesday’s session in financial markets. Market volatility remains high. The VIX volatility index is currently gaining 1.58%, while gold resumes its bullish trend and breaks out to new highs. Investors react to morning news from Asia, in particular the details of the RBA’s rate decision and macro data from Japan. … - [EUR/USD holds positive ground above 1.0800, eyes on Eurozone inflation data, ECB’s Lagarde speech](https://todaymarkets.ae/eur-usd-holds-positive-ground-above-1-0800-eyes-on-eurozone-inflation-data-ecbs-lagarde-speech/): The EUR/USD pair gains momentum to around 1.0815 during the early European session on Tuesday. The Greenback weakens as the markets await clarity on reciprocal tariffs from US President Donald Trump on Wednesday.  Trump said late Monday that his reciprocal tariffs plan will target all other countries when it is unveiled Wednesday, adding more uncertainty to the much-anticipated … - [PEPE could rally to double digits if it breaks above its key resistance level](https://todaymarkets.ae/pepe-could-rally-to-double-digits-if-it-breaks-above-its-key-resistance-level/): Pepe (PEPE) memecoin approaches its descending trendline, trading around $0.000007 on Tuesday; a breakout indicates a bullish move ahead. Moreover, PEPE’s long-to-short ratio supports a bullish thesis as bullish bets among the traders reach the highest over a month, aiming for double-digit gains on the horizon. Pepe price could rally if it closes above its … - [Coin Bureau CEO says BTC could repeat 360% breakout pattern from 2017](https://todaymarkets.ae/coin-bureau-ceo-says-btc-could-repeat-360-breakout-pattern-from-2017/): Bitcoin price stabilized at the $83,400 mark on Monday, down 2% from the March opening price of $84,430. After posting 18% losses in February, BTC is on course to end March in red with another 2% haircut. Citing historical trends and critical on-chain data trends among US investors, CoinBureau CEO and ex-Goldman Sachs analyst Nic Puckrin … - [BlackRock CEO warns Bitcoin could replace US Dollar as global reserve currency, crypto ETFs witness inflows](https://todaymarkets.ae/blackrock-ceo-warns-bitcoin-could-replace-us-dollar-as-global-reserve-currency-crypto-etfs-witness-inflows/): In an annual letter to investors, BlackRock CEO Larry Fink shared concerns on the increasing US national debt’s effect on the Dollar’s global reserve status. Fink emphasized strong support for digital assets, maintaining that it is an extraordinary innovation. However, he noted that digital assets such as Bitcoin could offset America’s economic advantage if investors … - [Ethereum - Short-term holders spark $400 million in realized losses, staking flows surge](https://todaymarkets.ae/ethereum-short-term-holders-spark-400-million-in-realized-losses-staking-flows-surge/): Ethereum price today: $1,820 Ethereum (ETH) bounced off the $1,800 support on Monday following increased selling pressure from short-term holders (STHs) and tensions surrounding President Donald Trump’s reciprocal tariff kick-off on April 2. While the near-term outlook suggests caution, declining ETH exchange reserves and rising staking balance could help keep prices afloat. Ethereum STHs trigger $400 million … - [Today Markets Update](https://todaymarkets.ae/today-markets-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD holds steady above $34.00, seems poised to climb further](https://todaymarkets.ae/xag-usd-holds-steady-above-34-00-seems-poised-to-climb-further/): Silver (XAG/USD) oscillates in a narrow trading band following the previous day’s good two-way price moves, though it holds above the $34.00 mark through the Asian session on Tuesday. Moreover, the white metal remains close to a multi-month high, around the $34.60 area touched last Friday. Looking at the broader picture, the recent strong positive … - [XAU/USD extends bullish trend amid rising trade tensions; fresh record high and counting](https://todaymarkets.ae/xau-usd-extends-bullish-trend-amid-rising-trade-tensions-fresh-record-high-and-counting/): Gold price (XAU/USD) retains its bullish bias for the fourth successive day and continues to scale new record high during the Asian session on Tuesday. The uncertainty surrounding US President Donald Trump’s impending reciprocal tariffs announcement later today, and their impact on the global economy continue to drive safe-haven flows towards the precious metal. Adding … - [AUD rises as RBA’s Bullock says board did not discuss a rate cut](https://todaymarkets.ae/aud-rises-as-rbas-bullock-says-board-did-not-discuss-a-rate-cut/): The Australian Dollar (AUD) gains traction on Tuesday. As widely expected, the Reserve Bank of Australia (RBA) kept the Official Cash Rate (OCR) on hold at 4.10% following the conclusion of its April policy meeting. The Aussie attracts some buyers following the interest rate decision. The RBA’s monetary policy statement indicated that the board is concerned and … - [NZD/USD holds steady around 0.5675-80 area, above multi-week low ahead of Trump’s tariffs](https://todaymarkets.ae/nzd-usd-holds-steady-around-0-5675-80-area-above-multi-week-low-ahead-of-trumps-tariffs/): The NZD/USD pair struggles to capitalize on the previous day’s modest bounce from the 0.5650-0.5645 region or a nearly four-week low and oscillates in a narrow band during the Asian session on Tuesday. Spot prices currently trade around the 0.5675-0.5680 area, nearly unchanged for the day amid mixed fundamental cues. Asian stocks tracked overnight gains on … - [Bullock Speech: RBA Governor speaks on policy outlook after holding interest rate](https://todaymarkets.ae/bullock-speech-rba-governor-speaks-on-policy-outlook-after-holding-interest-rate/): Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at the press conference, explaining the reason behind maintaining the interest rate at 4.1% in the April policy meeting. Bullock is taking questions from the press as part of a new reporting format introduced by the central bank this year. Key quotes from the RBA … - [JPY remains on the front foot against USD; lacks follow-through buying](https://todaymarkets.ae/jpy-remains-on-the-front-foot-against-usd-lacks-follow-through-buying/): The Japanese Yen (JPY) trades with a mild positive bias against its American counterpart through the Asian session on Tuesday, though it lacks bullish conviction. The Bank of Japan’s (BoJ) Tankan survey released today showed that Japanese enterprises raised their inflation forecasts for one year, three years, and five years ahead. This comes on strong … - [Crude Touches Five-Week Highs Following Trump’s Iran and Russian Oil Threats](https://todaymarkets.ae/crude-touches-five-week-highs-following-trumps-iran-and-russian-oil-threats/): The May WTI (CLK25) contract settled at 71.48 (+2.12) [+3.06%], high of 71.83, low of 68.81. Spot price is 69.34 (-0.56), open interest for CLK25 is 3. CLK25 settled above its 5 day (69.86), above its 20 day (67.72), above its 50 day (69.89), above its 100 day (69.74), above its 200 day (70.46) and above its year-to … - [Cotton Closes Lower on Monday](https://todaymarkets.ae/cotton-closes-lower-on-monday/): Cotton futures got a pop higher into the close, as contracts were down 7 to 18 points in most contracts, well off the intraday lows. Crude oil futures were up $2.04/barrel, as the US dollar index is $0.130 higher on the day.  USDA’s Prospective Planting report tallied a total of 9.867 million cotton acres intended for … - [Rain in Brazil Pressures Sugar Prices](https://todaymarkets.ae/rain-in-brazil-pressures-sugar-prices/): May NY world sugar #11 (SBK25) Monday closed down -0.10 (-0.52%), and May London ICE white sugar #5 (SWK25) closed down -0.80 (-0.15%). Sugar prices on Monday fell to 2-1/2 week lows and posted modest losses.  Sugar was under pressure Monday after Meteorologist Climatempo reported above-average rainfall for Brazil over the past week, benefiting the … - [Dollar Strength Undercuts Cocoa Prices](https://todaymarkets.ae/dollar-strength-undercuts-cocoa-prices/): May ICE NY cocoa (CCK25) Monday closed down -140 (-1.74%), and May ICE London cocoa #7 (CAK25) closed down -61 (-0.97%). Cocoa prices fell on Monday due to a stronger dollar.  Cocoa prices have been on the defensive over the past seven weeks and fell to 4-1/2 month lows on March 21 on an improving … - [Cocoa Prices Pressured as Supply Concerns Ease](https://todaymarkets.ae/cocoa-prices-pressured-as-supply-concerns-ease/): May ICE NY cocoa (CCK25) today is down -76 (-0.95%), and May ICE London cocoa #7 (CAK25) is down -49 (-0.78%). Cocoa prices today are moderately lower, weighed down by a stronger dollar.  Cocoa prices have been on the defensive over the past seven weeks and fell to 4-1/2 month lows on March 21 on … - [Coffee Prices Slip on Brazil Rains](https://todaymarkets.ae/coffee-prices-slip-on-brazil-rains/): May arabica coffee (KCK25) Monday closed down -0.20 (-0.05%), and May ICE robusta coffee (RMK25) closed down -68 (-1.27%). Coffee prices on Monday settled lower.  Coffee prices have been the defensive over the past week, with arabica falling to a 1-month nearest-futures low last Thursday and robusta dropping to a 2-1/4 month nearest-futures low.  Coffee … - [AUD/JPY flat lines around 93.70, moves little after RBA decides to leave rates unchanged](https://todaymarkets.ae/aud-jpy-flat-lines-around-93-70-moves-little-after-rba-decides-to-leave-rates-unchanged/): The AUD/JPY cross struggles to capitalize on the previous day’s modest bounce from the 93.00 neighborhood, or over a two-week low, and oscillates in a range during the Asian session on Tuesday. Spot prices hold steady around the 93.70 region and move little after the Reserve Bank of Australia (RBA) announced its policy decision. As … - [USD/INR gathers strength on global trade concerns, US PMI data looms](https://todaymarkets.ae/usd-inr-gathers-strength-on-global-trade-concerns-us-pmi-data-looms/): The Indian Rupee (INR) softens on Tuesday, pressured by renewed US Dollar (USD) demand. Traders grow risk-averse ahead of US trade tariffs expected to be unveiled on Wednesday, which weighs on the local currency. Additionally, a rise in crude oil prices contributes to the INR’s downside as India is the world’s third-largest oil consumer.    On the other … - [Breaking: RBA keeps interest rate on hold at 4.1% as expected](https://todaymarkets.ae/breaking-rba-keeps-interest-rate-on-hold-at-4-1-as-expected/): The Reserve Bank of Australia (RBA) announced on Tuesday that it left the Official Cash Rate (OCR) unchanged at 4.1% after concluding its April monetary policy meeting. The decision aligned with the market expectations. Summary of the RBA monetary policy statement The outlook remains uncertain. Underlying inflation is moderating. Sustainably returning inflation to target is the … - [China's Caixin Manufacturing PMI climbs to 51.2 in March vs. 51.1 expected](https://todaymarkets.ae/chinas-caixin-manufacturing-pmi-climbs-to-51-2-in-march-vs-51-1-expected/): China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) rose to 51.2 in March from 50.8 in February, according to the latest data released on Tuesday. The markets were expecting a 51.1 print in the reported month. Key highlights (via Caixin) “New orders growth supported by quickest rise in exports since last April.” “Employment expands for the … - [Nvidia-backed CoreWeave Struggles After IPO](https://todaymarkets.ae/nvidia-backed-coreweave-struggles-after-ipo/): Nvidia-backed AI cloud provider CoreWeave saw its stock fall nearly 8% to $36.90 on Monday, its second day of trading, signaling cooling investor sentiment toward AI infrastructure investments. The company’s Nasdaq debut, which had been closely watched as a barometer for tech IPOs, fell significantly short of initial expectations. IPO Underwhelms Despite NVIDIA Support CoreWeave’s … - [NZD/USD Recommendation From Credit Argicole](https://todaymarkets.ae/nzd-usd-recommendation-from-credit-argicole/): Credit Agricole has issued a recommendation for the NZDUSD currency pair. Credit Agricole recommends taking a long position on the pair with the following levels: Credit Agricole recommends taking a long position on NZDUSD at the market price with a target of 0.5833 and a Stop Loss order at 0.5550. Source: xStation5 ​ The material … - [Dallas Index For January Much Lower Than Expected](https://todaymarkets.ae/dallas-index-for-january-much-lower-than-expected/): 03:30 PM BST, United States – Dallas Fed Mfg Business Index for March: There is little to no reaction on EURUSD to the data. The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including … - [EUR/USD Lower as German inflation cools down in March](https://todaymarkets.ae/eur-usd-lower-as-german-inflation-cools-down-in-march/): EUR/USD ticks lower to near 1.0800 in Monday’s North American session after the release of the soft preliminary German Harmonized Index of Consumer Prices (HICP) data. In 12 months to March, the HICP rose at a slower pace of 2.3% compared to estimates of 2.4% and the prior release of 2.6%. Month-on-month HICP grew at a moderate pace of … - [NZD/USD plunges to near 0.5660 as US Trump tariffs loom large](https://todaymarkets.ae/nzd-usd-plunges-to-near-0-5660-as-us-trump-tariffs-loom-large/): The NZD/USD pair is down almost 1% to near 0.5660 during North American trading hours on Monday. The Kiwi pair plunges as the appeal of antipodeans has slumped, given their strong trade relations with China. The New Zealand Dollar (NZD) plummeted as investors rushed to a safe haven ahead of the so-called “Liberation Day” on Wednesday, when … - [GBP/USD dips as trade war tensions mount ahead of US tariff Liberation Day](https://todaymarkets.ae/gbp-usd-dips-as-trade-war-tensions-mount-ahead-of-us-tariff-liberation-day/): The Pound Sterling (GBP) loses ground versus the US Dollar (USD) as US Liberation Day approaches on Wednesday, when President Donald Trump is expected to announce additional tariffs to the ones already enacted since March 2. At the time of writing, GBP/USD trades at 1.2911, down 0.17%. GBP/USD falls to 1.2911 as risk sentiment sours, DXY climbs and … - [US100 Falls 1.6% to New Local Lows](https://todaymarkets.ae/us100-falls-1-6-to-new-local-lows/): Selling pressure accelerates on Wall Street ahead of the upcoming “Liberation Day” 📌 Markets are starting the week in a very nervous mood. Thirty minutes into trading on Wall Street, major US indices are down around 1.1% (S&P500) and 2.2% (Nasdaq). Once again, falling tech stocks from the semiconductor/AI sector are largely driving the declines. … - [The S&P 500 Falls Into Correction Territory](https://todaymarkets.ae/the-sp-500-falls-into-correction-territory/): There is an air of capitulation in  financial markets ahead of the April 2nd reciprocal tariff announcement from the US. Global stocks are all in the red, the Eurostoxx 50 index is down by 1.7%, and all sectors are in the red. The biggest decline is for industrial stocks and consumer discretionary, followed by the financial … - [Indicies Drop as Trump's Liberation Day Approaches](https://todaymarkets.ae/indicies-drop-as-trumps-liberation-day-approaches/): Major US index futures are showing steep declines. The S&P 500 (US500) is down -0.85% to 5554.7, while the Dow (US30) is down -0.28% to 41595. Nasdaq futures (US100) are showing a significant decline of -1.52% to 19066.70, and the Russell 2000 (US2000) is down -1.34% to 2000.9. The VIX volatility index is up +4.15% … - [Chicago PMI Reading Higher Than Expected](https://todaymarkets.ae/chicago-pmi-reading-higher-than-expected/): 02:45 PM GMT BST, United States – PMI Data for March: EURUSD slightly dips after higher than expected PMI reading. The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical … - [Trade of The Day - TNOTE](https://todaymarkets.ae/trade-of-the-day-tnote/): Facts:  Recommendation:  Source: xStation5 Opinion:  The U.S. economic data released on Friday intensified stagflation concerns. The core PCE index, the Fed’s preferred inflation measure, rose above expectations (+2.8% YoY, +0.4% MoM), while consumer sentiment, according to the University of Michigan (US Michigan Consumer Sentiment), fell for the third consecutive month to levels seen during the … - [German CPI in Line With Expectations](https://todaymarkets.ae/german-cpi-in-line-with-expectations-2/): 13:00 PM BST, Germany – Inflation Data for March: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [DAX40 Below Support](https://todaymarkets.ae/dax40-below-support/): General market situation: European stocks are extending their declines, which began after the announcement of tariff changes on car imports to the US. Investors are now anxiously awaiting April 2, which is expected to bring further tariff changes. Wednesday is to be the so-called “Liberation Day in America”, which President Trump has been talking about … - [USD/CAD Recommendation From MUFG](https://todaymarkets.ae/usd-cad-recommendation-from-mufg/): MUFG has issued a recommendation for the USDCAD currency pair. MUFG recommends taking a long position on the pair with the following levels: MUFG recommends taking a long position on USDCAD at the market price with a target of 1.4750 and a Stop Loss order at 1.4050. Source: xStation 5 The material on this page … - [EUR/USD consolidates as investors await Trump’s reciprocal tariff announcement](https://todaymarkets.ae/eur-usd-consolidates-as-investors-await-trumps-reciprocal-tariff-announcement/): EUR/USD trades sideways around 1.0830 in Monday’s European session. The major currency pair consolidates as the US Dollar (USD) falls for the third trading day in a row ahead of the planned reciprocal tariff announcement by United States (US) President Donald Trump on Wednesday. The US Dollar Index (DXY), which tracks the Greenback’s value against … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-7/): The Japanese yen is leaving the rest of the G10 currencies behind, appreciating nearly 0.5% against the dollar two days before Donald Trump announces a series of reciprocal tariffs. Concerns about U.S. economic growth and uncertainty surrounding the Republican administration are driving capital flows towards the yen, which, after the turbulence of 2024, is regaining its … - [The Today Markets Week Ahead](https://todaymarkets.ae/the-today-markets-week-ahead/): Week Ahead: ‘Liberation Day’ arrives With one trading day left of the quarter, risk sentiment has drained from Asian and European stock markets. The Nikkei closed down 4%, while European indices are a sea of red. The sell off is broad based, with more than 550 of the Eurostoxx 600 stocks lower as investors take … - [USD/CHF extends downside below 0.8800 amid trade war concerns](https://todaymarkets.ae/usd-chf-extends-downside-below-0-8800-amid-trade-war-concerns/): The USD/CHF pair extends the decline to around 0.8790 during the early European session on Monday, pressured by the weaker US Dollar (USD). Traders await on the sidelines ahead of a planned announcement on Wednesday by US President Donald Trump on reciprocal tariffs.  US President Donald Trump said on Sunday that reciprocal tariffs he is set to announce on … - [Economic Calendar - German Inflation And Chicago PMI in Focus](https://todaymarkets.ae/economic-calendar-german-inflation-and-chicago-pmi-in-focus/): The economic calendar for Monday remains light, though we are still ahead of a few key data points for the U.S. and the Eurozone, potentially driving volatility on EURUSD: German HICP and Chicago PMI.  Throughout the night we will also get a set of business sentiment indicators from Japan, Caixin PMIs for China and interest rate decision … - [Tariff fears lift Gold to new record peak](https://todaymarkets.ae/tariff-fears-lift-gold-to-new-record-peak/): Here is what you need to know on Monday, March 31: Gold benefits from safe-haven flows amid growing tariff fears at the beginning of the week and trades at a new all-time high above $3,120. The European economic calendar will feature preliminary March inflation data from Germany. In the second half of the day, markets … - [Asian Markets opened the new week with a sell-off (HSCEI: -1.5%](https://todaymarkets.ae/asian-markets-opened-the-new-week-with-a-sell-off-hscei-1-5/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [German Retail Sales leap 4.9% YoY in February vs. 2.9% previous](https://todaymarkets.ae/german-retail-sales-leap-4-9-yoy-in-february-vs-2-9-previous/): Retail Sales in Germany rose 0.8% month-over-month (MoM) in February, following the 0.2% increase recorded in January, according to official data released by Destatis on Monday. The reading beat the market expectation for a 0% print. On an annual basis, Retail Sales increased by 4.9% in February as against the 2.9% growth reported in January. … - [XAG/USD climbs above $34.00 as Trump’s tariffs boost safe-haven demand](https://todaymarkets.ae/xag-usd-climbs-above-34-00-as-trumps-tariffs-boost-safe-haven-demand/): The Silver price (XAG/USD) attracts some buyers to around $34.35 during the early European session on Monday. Potential trade wars and ongoing geopolitical tensions boost the safe-haven flows, benefitting the white metal.  Traders are worried ahead of a new round of reciprocal levies that the White House is due to announce on Wednesday. Trump said … - [WTI consolidates below $69.00; traders seem non-committed amid mixed cues](https://todaymarkets.ae/wti-consolidates-below-69-00-traders-seem-non-committed-amid-mixed-cues/): West Texas Intermediate (WTI) US Crude Oil prices attract some sellers following an Asian session uptick to mid-$69.00s, albeit the downtick lacks bearish conviction. The commodity currently trades around the $68.80 region, nearly unchanged for the day amid mixed fundamental cues, and remains within striking distance of a multi-week high touched last Wednesday. Concerns that US President … - [NZD/USD weakens to near 0.5700 as Trump’s tariffs loom](https://todaymarkets.ae/nzd-usd-weakens-to-near-0-5700-as-trumps-tariffs-loom/): The NZD/USD pair edges lower to around 0.5705 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) as traders brace for the announcement of US President Donald Trump’s new tariff policy on Wednesday.  Trump is set to announce new “reciprocal” tariffs on Wednesday to tackle perceived … - [Bitcoin, Ethereum, Ripple: BTC, ETH, and XRP decline as President Trump’s team considers “broader and higher tariffs”](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-decline-as-president-trumps-team-considers-broader-and-higher-tariffs/): Bitcoin (BTC) continues its decline, trading below $82,000 on Monday after falling 4.29% the previous week. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and declined by 9.88% and 12.40%, respectively.  According to a Wall Street Journal (WSJ) post on Monday, President Trump’s team is considering “broader and higher tariffs” ahead of Wednesday’s reciprocal tariffs deadline. President Trump reportedly … - [China's March NBS Manufacturing PMI rises to 50.5, Non-Manufacturing PMI jumps to 50.8](https://todaymarkets.ae/chinas-march-nbs-manufacturing-pmi-rises-to-50-5-non-manufacturing-pmi-jumps-to-50-8/): China’s Manufacturing Purchasing Managers’ Index (PMI) edged higher to 50.5 in March from 50.2 in February, the official data released by the National Bureau of Statistics (NBS) showed on Monday. The data aligned with the market forecast of 50.5 in the reported month.  The NBS Non-Manufacturing PMI jumped to 50.8 in March versus February’s 50.4 reading. … - [US President Donald Trump weighs broader, higher tariffs - WSJ](https://todaymarkets.ae/us-president-donald-trump-weighs-broader-higher-tariffs-wsj/): US President Donald Trump’s administration is hurrying to determine the specifics of its new tariff agenda ahead of its self-imposed deadline of Wednesday, considering possibilities after promising to remake the American economy with a slew of new levies, the WSJ citing unnamed sources.  According to people familiar with the discussions, one key point of debate is whether … - [XAU/USD rises to near record high below $3,100 amid global uncertainty](https://todaymarkets.ae/xau-usd-rises-to-near-record-high-below-3100-amid-global-uncertainty/): The Gold price (XAU/USD) gains momentum to around $3,090 during the early Asian session on Monday. The precious metal maintains its uptrend near a record high amid fears of a global trade war triggered by US President Donald Trump’s latest tariffs. Trump last week announced a 25% tariff on imported cars and light trucks set … - [EUR/USD looks to build on recovery from multi-week low; holds steady below mid-1.0800s](https://todaymarkets.ae/eur-usd-looks-to-build-on-recovery-from-multi-week-low-holds-steady-below-mid-1-0800s/): The EUR/USD pair attracts some dip-buyers following an Asian session dip to the 1.0800 neighborhood and looks to build on its bounce from a multi-week low touched last Thursday. The uptick, however, lacks bullish conviction, with spot prices currently trading near the 1.0835 region, unchanged for the day. The US Dollar (USD) remains under some selling … - [GBP/USD attracts some buyers above 1.2950 on weaker US Dollar](https://todaymarkets.ae/gbp-usd-attracts-some-buyers-above-1-2950-on-weaker-us-dollar/): The GBP/USD pair gathers strength to near 1.2965 during the Asian trading hours on Monday. The concerns that US President Donald Trump’s tariffs will ignite inflation and dampen economic growth weigh on the US Dollar (USD) and act as a tailwind for the major pair.  Last week, Trump announced a 25% tariff on imported cars … - [JPY advances to one-week high against USD amid the risk-off mood](https://todaymarkets.ae/jpy-advances-to-one-week-high-against-usd-amid-the-risk-off-mood/): The Japanese Yen (JPY) strengthens against its American counterpart for the second consecutive day on Monday and hits a one-week high during the Asian session on Monday. The global risk sentiment continues to be weighed down by concerns about US President Donald Trump’s so-called reciprocal tariffs on April 2 and geopolitical risks, which turn out … - [AUD rises after mixed Chinese PMI data, RBA rate decision looms](https://todaymarkets.ae/aud-rises-after-mixed-chinese-pmi-data-rba-rate-decision-looms/): The Australian Dollar (AUD) recovers some lost ground on Monday, bolstered by the encouraging Chinese economic data. The latest data released on Monday showed that China’s NBS Manufacturing Purchasing Managers’ Index (PMI) rose to 50.5 in March, compared to 50.2 in February. The reading came in line with the market consensus. Meanwhile, the NBS Non-Manufacturing PMI improved … - [USD/CAD consolidates in a range above 1.4300 mark amid mixed cues](https://todaymarkets.ae/usd-cad-consolidates-in-a-range-above-1-4300-mark-amid-mixed-cues/): The USD/CAD pair struggles to capitalize on its modest bounce from the monthly low touched last Wednesday and kicks off the new week on a subdued note amid mixed cues. Spot prices, however, hold above the 100-day Simple Moving Average (SMA) pivotal support and currently trade around the 1.4300 mark, nearly unchanged for the day. … - [XRP - Weak demand and rising supply could trigger a downtrend](https://todaymarkets.ae/xrp-weak-demand-and-rising-supply-could-trigger-a-downtrend/): Ripple’s XRP is down 7% on Friday following bearish pressure from macroeconomic factors, including United States (US) President Donald Trump’s tariff threats and rising US inflation. The downside pressure could accelerate if XRP’s on-chain activity fails to pick up amid its rising supply. XRP on-chain metrics stay mum as supply spikes XRP — like most … - [XRP, SOL and ETH prices tumble as South Carolina moves to buy up to 1 million BTC](https://todaymarkets.ae/xrp-sol-and-eth-prices-tumble-as-south-carolina-moves-to-buy-up-to-1-million-btc/): Bitcoin market updates:  Crypto market liquidations | March 28 The losses sparked over $449 million in liquidations across the crypto derivatives markets. Altcoin market updates: Trump tariffs trigger market-wide crash  The primary catalyst behind the latest sell-off appears linked to new tariffs announced by US President Donald Trump, amid escalating geopolitical tensions in Europe and adding … - [Hackers accelerate ETH decline following $27 million dump, bearish macroeconomic factors](https://todaymarkets.ae/hackers-accelerate-eth-decline-following-27-million-dump-bearish-macroeconomic-factors/): Ethereum (ETH) declined below $2,000 on Friday following a series of hacks traced to accounts of crypto exchange Coinbase users, which caused a loss of $36 million. The hackers bridged the tokens to Ether through ThorChain and dumped 14,064 ETH, worth $27.5 million. Additionally, the US Bureau of Economic Analysis reported a rise in the … - [Brazil’s first corn crop was pegged at 88% harvested](https://todaymarkets.ae/brazils-first-corn-crop-was-pegged-at-88-harvested/): Corn futures are up fractionally to 2 cents so far on Monday’s midday.  The CmdtyView national average Cash Corn price is up 2 cents at $4.34.  Weekly Export Inspections data tallied corn shipments at 1.583 MMT (62.3 mbu) in the week that ended on April 3. That was down 3.89% from the week prior but 8.04% above … - [Soymeal futures were up $1.80 to $5.30/ton](https://todaymarkets.ae/soymeal-futures-were-up-1-80-to-5-30-ton/): Soybeans saw some spreading on Monday, with front months showing 4 to 6 cent gains and new crop down 3 ¼ cents in the November.  CmdtyView’s national front month Cash Bean price was up 6 cents at $9.27. Soymeal futures were up $1.80 to $5.30/ton, with Soy Oil futures back down 69 to 98 points. President Trump has responded to the … - [Wheat Closes Higher on Monday](https://todaymarkets.ae/wheat-closes-higher-on-monday/): Wheat futures were stronger on Monday to start a new week of trade. Chicago SRW futures were 7 to 8 cents higher to settle the Monday session. Kansas City HRW contracts saw slight gains of 1 to 3 cents in the nearbys at the close. MPLS spring wheat posted gains of 8 to 10 cents across … - [Cotton Rallies Back on Monday](https://todaymarkets.ae/cotton-rallies-back-on-monday/): Cotton futures closed out the Monday session with contracts up 207 to 263 points. The outside markets were not supportive. Crude oil futures were down $1.17/barrel, as the US dollar index was back up $0.452 on the day. NASS Crop Progress data indicated a total of 4% of the US cotton crop has been planted as … - [Sugar Prices Slide on Trade War Fears and Crude Weakness](https://todaymarkets.ae/sugar-prices-slide-on-trade-war-fears-and-crude-weakness/): May NY world sugar #11 (SBK25) Monday closed down -0.16 (-0.85%), and May London ICE white sugar #5 (SWK25) closed down -4.40 (-0.82%). Sugar prices on Monday settled moderately lower, with NY sugar falling to a 4-week low.  Global trade war fears have prompted a rout in equity markets and sparked risk-off sentiment in asset … - [Cocoa Prices Finish Sharply Lower on Trade War Concerns](https://todaymarkets.ae/cocoa-prices-finish-sharply-lower-on-trade-war-concerns/): May ICE NY cocoa (CCK25) Monday closed down -459 (-5.39%), and May ICE London cocoa #7 (CAK25) closed down -372 (-5.87%). Cocoa prices on Monday sold off sharply for a second session, with London cocoa posting a 4-3/4 month low.  Global trade war fears have sparked risk-off sentiment in asset markets and undercut cocoa prices. … - [Coffee Prices Tumble as Risk-Off Sentiment Engulfs Asset Markets](https://todaymarkets.ae/coffee-prices-tumble-as-risk-off-sentiment-engulfs-asset-markets/): May arabica coffee (KCK25) Monday closed down -20.90 (-5.72%), and May ICE robusta coffee (RMK25) closed down -316 (-6.18%). Coffee prices on Monday fell sharply for a second session, with arabica posting a 2-1/4 month low and robusta posting a 4-month low.  Monday’s risk-off sentiment in asset markets due to global trade war fears undercut … - [AUD/USD recovers above 0.6000 amid fears of US recession](https://todaymarkets.ae/aud-usd-recovers-above-0-6000-amid-fears-of-us-recession/): The AUD/USD pair recovers some lost ground to near 0.6015 during the early Asian session on Tuesday. The US Dollar (USD) edges higher against the Aussie amid concerns over a recession in the United States following US President Donald Trump’s sweeping tariffs on trading partners. Analysts believe that the uncertainties surrounding the new Trump tariff policy will likely increase inflation … - [JPY trades with positive bias against USD; seems poised to appreciate further](https://todaymarkets.ae/jpy-trades-with-positive-bias-against-usd-seems-poised-to-appreciate-further/): The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and for now, seems to have stalled the previous day’s sharp retracement from the vicinity of the multi-month peak. Despite growing concerns that harsher US reciprocal tariffs could negatively impact Japan’s economy, signs of broadening inflation in Japan keep … - [USD/INR extends the rally after Trump's latest tariffs threat](https://todaymarkets.ae/usd-inr-extends-the-rally-after-trumps-latest-tariffs-threat/): The Indian Rupee (INR) declines on Tuesday, erasing all its gains of 2025. Fears over global trade tensions escalated after China implemented retaliatory tariffs on US goods. The heightened uncertainty has triggered risk-off sentiment, leading to outflows from emerging markets, including India. This, in turn, exerts some selling pressure on the Indian currency. Additionally, the … - [WTI climbs back closer to mid-$61.00s; upside potential seems limited](https://todaymarkets.ae/wti-climbs-back-closer-to-mid-61-00s-upside-potential-seems-limited/): West Texas Intermediate (WTI) US Crude Oil prices attract some buyers on Tuesday following the previous day’s US tariffs-led volatile price swings and currently trade just below mid-$61.00s, up over 1% for the day. The US Dollar (USD) attracts fresh sellers and stalls a two-day-old recovery from a multi-month low amid bets that a tariffs-driven … - [NZD/USD attracts some buyers above 0.5550, RBNZ rate decision in focus](https://todaymarkets.ae/nzd-usd-attracts-some-buyers-above-0-5550-rbnz-rate-decision-in-focus/): The NZD/USD pair attracts some buyers to around 0.5580 during the Asian trading hours on Tuesday. US President Donald Trump’s tariffs on trade partners have raised fears of the potential recession in the United States, weighing on the Greenback. The Reserve Bank of New Zealand (RBNZ) interest rate decision will take center stage on Wednesday.  Traders … - [Markets Manic Monday](https://todaymarkets.ae/markets-manic-monday/): Historic Monday for markets It’s turning into a Monday to remember for stock markets. US stocks markets tanked at the open, before surging into positive territory on the back of reports that President Trump would pause tariffs for 90 days. This was swiftly denied, US stocks turned lower once again, before even more reports emerged … - [Strategy Announced a $5.9 Billion Loss After Bitcoin Accounting Change](https://todaymarkets.ae/strategy-announced-a-5-9-billion-loss-after-bitcoin-accounting-change/): Strategy Inc. shares fell 5% Monday after announcing an unrealized $5.9 billion Q1 loss following adoption of new accounting standards requiring Bitcoin to be valued at market prices. The company, formerly MicroStrategy, previously classified its Bitcoin as intangible assets, which only allowed recognition of losses but not gains unless tokens were sold. The accounting change comes as … - [US100 Rebounds Over 1%](https://todaymarkets.ae/us100-rebounds-over-1/): Speculations about a 90-day tariff delay lead to a dynamic rebound in the indices 🔔 Hassett, one of Donald Trump’s senior advisors, indicates that he is considering a 90-day suspension of new tariffs on all countries except China. This information led to a rebound of up to 2.5% on the US100 futures contract and a … - [U.S. Markets Open Lower Amid Tariff Uncertainty](https://todaymarkets.ae/u-s-markets-open-lower-amid-tariff-uncertainty/): Major US index futures are showing significant declines following President Trump’s sweeping tariff announcement. The Russell 2000 (US2000) is down -4.11% to 1762.0, while the S&P 500 (US500) is down -3.86% to 16859.45. Nasdaq futures (US100) are showing a decline of -3.78% to 4916.2, and the Dow (US30) is down -3.67% to 37114. The VIX … - [European Indices Trim Massive Declines](https://todaymarkets.ae/european-indices-trim-massive-declines/): General market situation: European stocks slumped at the start of the week after China announced retaliatory tariffs of 34% on the US, threatening to escalate the global tariff war. However, the sharp declines have now lost most of their bearish momentum. Markets are waiting for the Wall Street session to start and a potential influx … - [Trade of The Day - XAU/USD](https://todaymarkets.ae/trade-of-the-day-xau-usd-2/): Facts: Recommendation: Long position at market price Opinion: Gold is beginning to show signs of stabilization, despite today’s slight decline of 0.03%. During the first part of the day, we observed a price drop to around 3000 USD per ounce, which coincides with local support. Importantly, gold successfully defended this zone. From a technical perspective, … - [EUR/USD - Recommendation From BNP Paribas](https://todaymarkets.ae/eur-usd-recommendation-from-bnp-paribas/): BNP PARIBAS RESEARCH has issued a recommendation for the EURUSD currency pair. BNP recommends taking a long position on the pair with the following levels: Entry (at market price): 1.0998Target: 1.1400Stop: 1.0795 BNP Paribas recommends taking a long position on EURUSD at the market price with a target at 1.1400 and a Stop Loss order … - [Bitcoin Extends It's Weekend Sell-off](https://todaymarkets.ae/bitcoin-extends-its-weekend-sell-off/): The price of Bitcoin fell in the morning trading hours to 74,500 USD. The declines were mainly caused by a sell-off in traditional financial markets in reaction to the escalation of the trade war. Currently, Bitcoin is down 2.4% to 76,500 USD.  Bitcoin remained surprisingly high even at the close of the cash session on … - [Eurozone Retail Sales Grew Slower Than Expected](https://todaymarkets.ae/eurozone-retail-sales-grew-slower-than-expected/): 08:30 AM GMT, Euro Zone – Sentix Investor Confidence for April: 09:00 AM GMT, Euro Zone – Retail Sales for February: The Eurozone retail sales grew by 0.3% after a retreat in January, although lower than indicated by forecasters. The YoY reading, however, came in higher than expected. When it comes to business confidence, Eurozone’s Sentix dropped significantly on … - [Chart of The Day - USD/CHF](https://todaymarkets.ae/chart-of-the-day-usd-chf/): The Swiss franc (USDCHF: -1.5%) is leading the G10 currencies today as investors sell off U.S. dollars amid concerns over the U.S. economic downturn. The dollar is finding no support even from Jerome Powell’s hawkish stance. Despite direct pressure from Trump, Powell emphasized that the Fed can continue to wait before cutting interest rates, even in … - [Nasdaq futures fall off a cliff, wiping out 2024 rally](https://todaymarkets.ae/nasdaq-futures-fall-off-a-cliff-wiping-out-2024-rally/): The weekend did not bring any calm to the markets. China’s retaliation in a form of 34% tariffs on all U.S. goods reinforced the scenario of a potential deterioration in international trade relations. At the same time, Trump continues to stand firm on his tariff policy, strengthening investors’ belief that a trade war is becoming … - [Let's Look at The Week Ahead](https://todaymarkets.ae/lets-look-at-the-week-ahead/): The Week Ahead: All eyes firmly on the White House Asian stocks have tumbled and fallen sharply after there was no progress on US trade tariffs over the weekend. The Hang Seng is down 11% on Monday, the Nikkei is down 6% and the CSI 300 is lower by more than 7%. The lack of … - [Economic Calendar - Eurozone Retail Sales And Business Confidence](https://todaymarkets.ae/economic-calendar-eurozone-retail-sales-and-business-confidence/): The market turmoil due to Trump’s tariff frenzy is far from being settled, so the new week’s macroeconomic data might be overshadowed by the comments and negotiations taking place in the White House. Nevertheless, Monday comes with a bundle of relevant data, especially for the Eurozone and the UK. After Germany’s industrial production and British … - [German Industrial Production Falls More Than Expected](https://todaymarkets.ae/german-industrial-production-falls-more-than-expected/): 06:00 AM GMT, Germany – Industrial Production for February: 06:00 AM GMT, Germany – Balance of Tade Data for February: Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes … - [Market Update, Let's Catch up](https://todaymarkets.ae/market-update-lets-catch-up/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [BoJ maintains assessment for all of Japan's nine regions](https://todaymarkets.ae/boj-maintains-assessment-for-all-of-japans-nine-regions/): In its quarterly regional economic report published on Monday, the Bank of Japan (BoJ) maintains the assessment for all of Japan’s nine regions. Additional takeaways Market reaction USD/JPY is back at around 146.00 following these headlines, losing 0.58% on the day. - [EUR/USD flat lines above mid-1.0900s, investors seem non-committed amid rising trade tensions](https://todaymarkets.ae/eur-usd-flat-lines-above-mid-1-0900s-investors-seem-non-committed-amid-rising-trade-tensions/): The EUR/USD pair reverses an Asian session dip to the 1.0880 aera and for now, seems to have stalled its retracement slide from the vicinity of mid-1.1100s, or the highest level since September touched last week. Spot prices currently trade around the 1.0960 region, nearly unchanged for the day amid mixed cues. The US Dollar (USD) … - [NZD/USD remains under selling pressure near 0.5550 on Chinese tariff retaliation](https://todaymarkets.ae/nzd-usd-remains-under-selling-pressure-near-0-5550-on-chinese-tariff-retaliation/): The NZD/USD pair remains under selling pressure around 0.5565 during the early European session on Monday. The New Zealand Dollar (NZD) softens against the Greenback as China slapped a 34% tax on all US imports in retaliation for US President Donald Trump’s tariffs, widening trade tensions between the United States and China.  The Trump administration last week … - [WTI tumbles to a four-year low near $60.00 amid Trump’s tariff woes ](https://todaymarkets.ae/wti-tumbles-to-a-four-year-low-near-60-00-amid-trumps-tariff-woes/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.30 during the early Asian session on Monday. The WTI price falls to its lowest point since April 2021 amid the fears that US President Donald Trump’s global tariffs would push the United States (US) into a recession. Traders worry about an escalating trade … - [USD/CAD trades with positive bias around mid-1.4200s as Oil prices tumble to multi-year low](https://todaymarkets.ae/usd-cad-trades-with-positive-bias-around-mid-1-4200s-as-oil-prices-tumble-to-multi-year-low/): The USD/CAD pair attracts some follow-through buying for the second consecutive day on Monday and looks to build on last week’s modest recovery from the 1.4030-1.4025 region or year-to-date low. Spot prices currently trade around mid-1.4200s, up nearly 0.25% for the day, though bulls might wait for a sustained strength beyond the 100-day Simple Moving Average … - [USD/INR gathers strength as Trump-induced tariffs storm intensifies](https://todaymarkets.ae/usd-inr-gathers-strength-as-trump-induced-tariffs-storm-intensifies/): The Indian Rupee (INR) trades in negative territory on Monday. The local currency remains under pressure after US President Donald Trump unveiled a bigger-than-expected wall of tariffs around the world’s largest economy, upending trade and supply chains. On the other hand, a fall in crude oil prices might help limit the INR’s losses. It’s worth noting that … - [JPY remains on the front foot as global meltdown underpins safe-haven demand](https://todaymarkets.ae/jpy-remains-on-the-front-foot-as-global-meltdown-underpins-safe-haven-demand/): The Japanese Yen (JPY) fills the weekly bullish gap opening against its American counterpart amid concerns that harsher US reciprocal tariffs could negatively impact Japan’s economy and force the Bank of Japan (BoJ) to hold rates steady for the time being. However, signs of broadening inflation in Japan keep the door open for further BoJ … - [US Dollar lifted by Nonfarm Payrolls surprise and Powell’s cautious stance](https://todaymarkets.ae/us-dollar-lifted-by-nonfarm-payrolls-surprise-and-powells-cautious-stance/): The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, rises on Friday and is trading near the 103 area following a stronger-than-anticipated Nonfarm Payrolls report. The Greenback’s momentum is also shaped by Federal Reserve (Fed) Chairman Jerome Powell’s remarks, where he flagged greater-than-expected inflation risks from tariffs while emphasizing the … - [Mexican Peso plunges as US-China trade war escalates, Powell pushes back on rate cuts](https://todaymarkets.ae/mexican-peso-plunges-as-us-china-trade-war-escalates-powell-pushes-back-on-rate-cuts/): The Mexican Peso (MXN) depreciates sharply against the US Dollar (USD) on Friday, erasing Thursday’s gains, which drove the exchange rate below the crucial 20.00 figure towards testing the 200-day Simple Moving Average (SMA) at 19.78. The escalation of the trade war between the United States (US) and China and goodish data from the US drive the … - [Dow Jones Industrial Average plummets as equities get pulverized by tariff tantrum](https://todaymarkets.ae/dow-jones-industrial-average-plummets-as-equities-get-pulverized-by-tariff-tantrum/): The Dow Jones Industrial Average (DJIA) had one of its worst trading days since the pandemic period, shedding over 2,000 points to fall over 5% on the day and putting the major equity index on pace for one of its worst-ever trading days in absolute points terms. Global markets are roiling as the Trump administration … - [Gold price slides as Powell warns on tariff-driven inflation](https://todaymarkets.ae/gold-price-slides-as-powell-warns-on-tariff-driven-inflation/):  Gold (XAU) price extended its losses on Friday and plunged to a seven-day low of $3,015 before recovering some ground, following a speech by Federal Reserve (Fed) Chair Jerome Powell, which indicated that inflation could reaccelerate due to tariffs. XAU/USD trades at $3,029, down 2.70%. Financial markets turmoil continued amid the escalation of the trade war … - [Australian Dollar collapses below 0.6050 as markets brace for RBA rate cuts](https://todaymarkets.ae/australian-dollar-collapses-below-0-6050-as-markets-brace-for-rba-rate-cuts/): The AUD/USD pair crumbled below key psychological support during Friday’s American session, sliding toward the 0.6050 region and marking its lowest level in five years. The steep drop comes in the wake of a stronger-than-anticipated US Nonfarm Payrolls (NFP) report, which added to a broader surge in the Greenback. However, the dominant catalyst behind the Aussie’s collapse stems … - [XAG/USD collapses over 7%, drops below $30.00](https://todaymarkets.ae/xag-usd-collapses-over-7-drops-below-30-00/):  Silver price plummeted on Friday as financial market turmoil continued for the third straight day, following US President Donald Trump’s decision to impose reciprocal tariffs. Consequently, China retaliated, sparking fears of a global economic slowdown. The XAG/USD trades at $29.55, sinking more than 7%. XAG/USD Price Forecast: Technical outlook On its way lower, Silver fell below the … - [NZD/USD Kiwi plunges below 0.5600 as sellers extend their grip](https://todaymarkets.ae/nzd-usd-kiwi-plunges-below-0-5600-as-sellers-extend-their-grip/): The NZD/USD pair collapsed on Friday, diving toward the 0.5600 area as bearish momentum dominated the session. The pair traded deep in the red, shedding over 3% on the day and remaining mid-range between recent extremes at 0.5551 and 0.5798. Sellers stayed firmly in control through the day, with technical indicators confirming the downturn. The … - [SEC clarifies that stablecoins do not fall under securities offering](https://todaymarkets.ae/sec-clarifies-that-stablecoins-do-not-fall-under-securities-offering/): The Securities & Exchange Commission (SEC) Division of Corporation Finance released a guide on stablecoins on Friday, clarifying that the issuance of US Dollar-backed stablecoins does not constitute sales or offering of securities. SEC sheds light on stablecoin issuance The SEC’s Division of Corporation Finance issued a guide to clarify the regulatory state of crypto stablecoins. The guide … - [Bitcoin could be the winner in the ongoing trade war after showing signs of decoupling from stocks](https://todaymarkets.ae/bitcoin-could-be-the-winner-in-the-ongoing-trade-war-after-showing-signs-of-decoupling-from-stocks/): Bitcoin (BTC) traded above $84,000 on Friday, showing strength despite the stock market experiencing significant declines. The market reaction stems from United States (US) President Donald Trump’s clash with the Federal Reserve (Fed) Chairman Jerome Powell over interest rate decisions. Bitcoin shows resilience amid debate on interest rate cuts In the wake of imposing reciprocal tariffs on … - [Ethereum ETH shows resilience amid stock market turmoil](https://todaymarkets.ae/ethereum-eth-shows-resilience-amid-stock-market-turmoil/): Ethereum price today: $1,810 Ethereum (ETH) showed resilience heading into the weekend, trading above $1,800 on Saturday despite the impact of Trump’s tariff announcements sparking heavy losses across the stock market and in precious metals. ETH shows strength amid stock market turmoil While ETH — like most top cryptos — held steady heading to the … - [Cotton Closed on Friday With Losses](https://todaymarkets.ae/cotton-closed-on-friday-with-losses/): Cotton futures posted Friday losses of 115 to 144 points in the nearbys, with May down 354 points this week. Crude oil futures were $4.63/barrel lower, as the US dollar index was back up $0.821 on the day. In response to President Trump’s reciprocal tariffs, China issued a retaliatory tariff of 34% on all US goods … - [Trade Turmoil and Crude Oil Weakness Weighs in Sugar Prices](https://todaymarkets.ae/trade-turmoil-and-crude-oil-weakness-weighs-in-sugar-prices/): May NY world sugar #11 (SBK25) Friday closed down -0.27 (-1.41%), and May London ICE white sugar #5 (SWK25) closed down -5.50 (-1.01%). Sugar prices retreated for a second day Friday as global trade war fears prompted a rout in global equity markets and sparked risk-off sentiment in asset markets, undercutting sugar prices.  Also, Friday’s … - [Cocoa Prices Sharply Lower as Global Trade War Sparks Demand Concerns](https://todaymarkets.ae/cocoa-prices-sharply-lower-as-global-trade-war-sparks-demand-concerns/): May ICE NY cocoa (CCK25) Friday closed down -779 (-8.38%), and May ICE London cocoa #7 (CAK25) closed down -310 (-4.66%). Cocoa prices Friday sold off sharply as global trade war fears sparked risk-off sentiment in asset markets and undercut cocoa prices.   Also, there is concern that consumer demand for cocoa and cocoa products … - [Coffee Prices Sink on Risk-Off Sentiment in Asset Markets](https://todaymarkets.ae/coffee-prices-sink-on-risk-off-sentiment-in-asset-markets/): May arabica coffee (KCK25) Friday closed down -19.55 (-5.07%), and May ICE robusta coffee (RMK25) closed down -259 (-4.82%). Coffee prices plummeted Friday, with arabica posting a 2-month low and robusta posting a 2-1/2 month low.  Friday’s risk-off sentiment in asset markets undercut most commodity prices, including coffee.  Also, there is concern that coffee demand … - [Nike Shares Jump as Vietnam Signal Zero Tariffs](https://todaymarkets.ae/nike-shares-jump-as-vietnam-signal-zero-tariffs/): Nike Inc (NKE.US) shares rose 4.7% after President Donald Trump reported a “constructive call” with Vietnamese General Secretary To Lam, who expressed interest in reducing tariffs to zero through a U.S. agreement. This development comes just days after Trump announced a 46% tariff on Vietnamese goods. The news particularly benefits Nike, which manufactures about 95% … - [Fed Powell Speaks](https://todaymarkets.ae/fed-powell-speaks/): Fed’s Chair Jerome Powell has just kicked off the press conference, commenting on U.S. economic outlook, 2 days after Trump’s retaliatory tariffs unfolded.  The confrence takes places minutes after president Trump urged Powell via his post on Truth Social platform to ‘stop playing politics’ and cut interest rates, calling it a ‘perfect time’, citing lower … - [Copper Falls More Than 5%](https://todaymarkets.ae/copper-falls-more-than-5/): COPPER dropped 6.5% during the session, hitting their lowest level since August 2024 around the 78.6% Fibonacci retracement. The market is increasingly concerned about a global slowdown triggered by a trade war, which could sharply reduce demand for copper—a key industrial metal and a barometer of economic activity. While copper is not currently subject to the … - [EUR/CAD Muted Afet Canadian Labour Market Data](https://todaymarkets.ae/eur-cad-muted-afet-canadian-labour-market-data/): 12:30 PM GMT, Canada – Employment Data for March: The Canadian dollar is not reacting significantly to the mixed data from the Canadian economy. The data is generally coming in weaker than expected, but on the other hand, the difference in the readings is not substantial enough to trigger any major moves in the currency market. Especially in the … - [U.S. NFP Report Much Stronger Than Expected](https://todaymarkets.ae/u-s-nfp-report-much-stronger-than-expected/): US Nonfarm Payrolls Actual 228k (Forecast 140k, Previous 151k, Revised 117k) US Average Earnings YoY: 3.8% (Forecast 4%, Previous 4.0%) US Labor Force Participation: 62.5% (Forecast 62.4%, Previous 62.4%) The NFP report suggests that US economy and US labour market may be still in better shape. However, situation for the US Federal Reserve is still … - [Red Red Europe As The Dax Drops to 200-Day EMA](https://todaymarkets.ae/red-red-europe-as-the-dax-drops-to-200-day-ema/): General market situation: European stock prices have plummeted after China announced the introduction of retaliatory tariffs on the US at a rate of 34%, threatening that the global tariff war will reach an even larger scale. It should be remembered that the market is still waiting for the response of the European Union, which could … - [Oil - WTI Down Over 6% While China's Response to Tariffs Continues Sell-off](https://todaymarkets.ae/oil-wti-down-over-6-while-chinas-response-to-tariffs-continues-sell-off/): The sell-off continues after China’s swift response to tariffs announced on Wednesday 📌 Wall Street sentiment remains extremely negative after China announced a 34% tariff on all goods imported from the United States. CFDs on US indices are already seeing a several percent sell-off, with the US500 down 2.80%, the US100 down 3.10% and the … - [Tariffs Takes Center Stage From NFP](https://todaymarkets.ae/tariffs-takes-center-stage-from-nfp/): Labor market report in the background amid escalation of trade war 📌 Today at 14:30 we will learn about the U.S. employment report — NFP. Under normal circumstances, this would be one of the most important reports of the month. However, now the NFP takes more of a backseat after the announcement of new retaliatory … - [Chart of The Day - VIX](https://todaymarkets.ae/chart-of-the-day-vix/): Despite the weakest since 16 March 2020 trading session on S&P 500 and secon-largest one day market cap drop, US500 fails to recover loses today, losing almost 0,5%. This situation increases hedging appetite among institutions such as option gamma dealers, as well as retail traders, which lifts VIX today. The CBOE Volatility Index (VIX) surges … - [Trade of The Day - EUR/PLN](https://todaymarkets.ae/6212-2/): Facts: Opinion: Long position at market price Recommendation: During yesterday’s press conference, NBP President Adam Glapiński surprised the market with an exceptionally dovish tone, saying directly: “I can’t be any more dovish.” Although interest rates remained unchanged at 5.75%, Glapiński clearly suggested possible cuts – two reductions of 50 basis points each later this year, … - [USD Reverse's Declines: Markets Increase Dovish Bets on Future ECB Decisions](https://todaymarkets.ae/usd-reverses-declines-markets-increase-dovish-bets-on-future-ecb-decisions/): The dollar is regaining ground against other currencies after its deepest daily decline since 2022. We see leveraged investors interested in reversing bearish dollar exposure ahead of the US NFP data and amid rising dovish bets on future ECB monetary policy decisions. Bunds are up significantly today, with 10-year yields down 10 basis points to … - [Friday's sell off is milder than Thursday’s historic sell-off](https://todaymarkets.ae/fridays-sell-off-is-milder-than-thursdays-historic-sell-off/): The stock market sell off has continued into Friday. The sell off is milder than Thursday’s historic sell off for risky assets, but it is a sign that buyers are thin on the ground as investors weigh up the consequences of President Trump’s tariff plans. US stock index futures are also pointing to a lower … - [](https://todaymarkets.ae/6205-2/): US non-farm payrolls preview The March payrolls figure seems very stale and out of date after this week’s tariff announcements. Friday’s payrolls data will not be impacted by Trump’s extreme tariffs, we will need to wait for the coming months to see how this could impact the hard US economic data, which has only moderated … - [German Industrial Orders Much Lower Than Expected](https://todaymarkets.ae/german-industrial-orders-much-lower-than-expected/): German industrial orders (February 2025) came in at 0% MoM vs 3.4% exp. and -7% previously. EURUSD loses slightly after underwhelming Germany industrial data.  Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All … - [Market Update](https://todaymarkets.ae/market-update-3/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [AUD/USD plummets below mid-0.6200s as trade-war fears lift RBA rate cut bets](https://todaymarkets.ae/aud-usd-plummets-below-mid-0-6200s-as-trade-war-fears-lift-rba-rate-cut-bets/): The AUD/USD pair comes under intense selling pressure during the Asian session on Friday and retreats further from a nearly three-week high, around the 0.6400 neighborhood touched the previous day. The steep intraday downfall drags spot prices to a fresh daily low, around the 0.6245 region in the last hour, and is sponsored by a combination … - [XAU/USD hovers near $3,100; bullish bias remains ahead of US NFP report](https://todaymarkets.ae/xau-usd-hovers-near-3100-bullish-bias-remains-ahead-of-us-nfp-report/): Gold price (XAU/USD) struggles to capitalize on the previous day’s late rebound from the $3,054 area, or a one-week low, and attracts fresh sellers during the Asian session on Friday. The commodity slid back below the $3,100 mark in the last hour, though the fundamental backdrop warrants some caution before positioning for any meaningful corrective slide … - [Cotton Closed with Limit Losses on Thursday](https://todaymarkets.ae/cotton-closed-with-limit-losses-on-thursday/): Cotton futures settled the Thursday session with contracts down the 3 cent limit in the front months, with other contracts down 260 to 284 points. Crude oil futures were $5.09/barrel lower, as the US dollar index was down $1.821 on the day. President Trump announced a large set of reciprocal tariffs on Wednesday, with Pakistan at … - [Sugar Prices Fall on Risk-Off Sentiment and Crude Oil Weakness](https://todaymarkets.ae/sugar-prices-fall-on-risk-off-sentiment-and-crude-oil-weakness/): May NY world sugar #11 (SBK25) Thursday closed down -0.48 (-2.45%), and May London ICE white sugar #5 (SWK25) closed down -9.10 (-1.65%). Sugar prices on Thursday settled sharply lower as President Trump’s reciprocal tariffs led to a risk-off sentiment in most asset markets anad concern about commodity demand.  Also, Thursday’s -6% plunge in WTI … - [NY Cocoa Prices Supported by West African Cocoa Crop Concerns](https://todaymarkets.ae/ny-cocoa-prices-supported-by-west-african-cocoa-crop-concerns/): May ICE NY cocoa (CCK25) Thursday closed up +323 (+3.60%), and May ICE London cocoa #7 (CAK25) closed down -118 (-1.74%). Cocoa prices Thursday settled mixed, with NY cocoa rising to a 1-1/4 month high.  Signs of a weak mid-crop cocoa harvest in West Africa supported cocoa prices.  According to Rabobank, late-arriving rains in the … - [Robusta Coffee Recovers on Concern Higher Tariffs on Vietnam Could Curb Robusta Supplies](https://todaymarkets.ae/robusta-coffee-recovers-on-concern-higher-tariffs-on-vietnam-could-curb-robusta-supplies/): May arabica coffee (KCK25) Thursday closed down -3.60 (-0.93%), and May ICE robusta coffee (RMK25) closed up +5 (+0.09%). Coffee prices on Thursday settled mixed.  President Trump’s reciprocal tariffs led to risk-off sentiment in most asset markets and raised concern about consumer demand, weighing on coffee prices.  However, robusta coffee shook off early losses Wednesday … - [EUR/USD lurched higher on Thursday, breaks into fresh highs on tariff tantrum](https://todaymarkets.ae/eur-usd-lurched-higher-on-thursday-breaks-into-fresh-highs-on-tariff-tantrum/): EUR/USD rallied hard on Thursday, with the Euro getting pushed higher alongside the rest of the market as the US Dollar tumbles on the heels of the Trump administration’s combined flat and “reciprocal” tariff packages that were unveiled this week.  This week, the European side of the economic data docket is relatively sparse, but a new report on … - [JPY sits near multi-month top against USD amid heightened safe-haven demand](https://todaymarkets.ae/jpy-sits-near-multi-month-top-against-usd-amid-heightened-safe-haven-demand/): The Japanese Yen (JPY) continues to attract safe-haven flows during the Asian session on Friday and remains close to a multi-month high touched against its American counterpart the previous day. Signs of broadening inflation in Japan keep the door open for further policy tightening by the Bank of Japan (BoJ). Furthermore, worries about a potential … - [USD/CAD hangs near multi-month low, below 1.4100 ahead of US/Canadian jobs data](https://todaymarkets.ae/usd-cad-hangs-near-multi-month-low-below-1-4100-ahead-of-us-canadian-jobs-data/): The USD/CAD pair remains under some selling pressure for the fourth straight day on Friday and currently trades around the 1.4070 area, down 0.15% for the day. Spot prices hang near a four-month low touched on Thursday and seem poised to heavy weekly losses, though a combination of diverging factors warrants caution for bearish traders. The … - [USD/INR holds steady as traders brace for US NFP release](https://todaymarkets.ae/usd-inr-holds-steady-as-traders-brace-for-us-nfp-release/): The Indian Rupee (INR) trades flat on Friday after gaining in the previous session. A robust recovery in local equities could provide some support to the Indian currency. Additionally, the safe haven status of the US Dollar (USD) might be diminished due to concerns about how trade policy may impact growth in the US. This, … - [AUD/USD posts modest gains above 0.6300 as Trump tariffs fuel recession fears](https://todaymarkets.ae/aud-usd-posts-modest-gains-above-0-6300-as-trump-tariffs-fuel-recession-fears/): The AUD/USD pair edges higher to around 0.6330 during the early Asian session on  Friday. The US Dollar (USD) weakens against the Australian Dollar (AUD) as US President Donald Trump’s fresh trade tariffs stoke fears of a global recession. Traders will closely monitor the US Nonfarm Payrolls data from March, which will be released later on Friday.  Worries about … - [Tariffs And OPEC Send WTI Tumbling](https://todaymarkets.ae/tariffs-and-opec-send-wti-tumbling/): Oil markets faced a punishing selloff Thursday as crude tumbled the most since 2020, hit by the double shock of President Donald Trump’s sweeping tariff announcement and OPEC+’s unexpected decision to accelerate production increases. West Texas Intermediate (OIL.WTI) futures plunged as much as 7.4% to trade below $67 a barrel, while global benchmark Brent (OIL) plummeted over 7% … - [US100 Tumbles in Massive Sell-off](https://todaymarkets.ae/us100-tumbles-in-massive-sell-off/): Wall Street Rocked by “Liberation Day” Tariffs as Trade War Fears Overwhelm Markets Global markets tumbled Thursday as the repercussions from Donald Trump’s sweeping tariff offensive spread worldwide, erasing approximately $2 trillion from the S&P 500 and triggering a flight to fixed-income havens. US equities and the dollar bore the brunt of selling amid growing … - [No Liberation Day For U.S Indices as The Sell-off Continues](https://todaymarkets.ae/no-liberation-day-for-u-s-indices-as-the-sell-off-continues/): Major US index futures are showing significant declines following President Trump’s sweeping tariff announcement. The S&P 500 (US500) is down -1.27% to 5513.0, while the Dow (US30) is down -1.93% to 41214. Nasdaq futures (US100) are showing a decline of -0.79% to 18960.76, and the Russell 2000 (US2000) is down -0.67% to 1962.9. The VIX … - [Trade of The Day - US100](https://todaymarkets.ae/trade-of-the-day-us100-3/): Facts Recommendation Short position on US100 at market price Opinion The technology sector appears particularly vulnerable to the negative consequences of tariffs and global trade restrictions. Increasing investor uncertainty signals that markets are seriously concerned about the outlook for U.S. companies — especially regarding their exposure to the Chinese market. The technical setup for Nasdaq … - [U.S Jobless Claims Lower Higher Than Expected](https://todaymarkets.ae/u-s-jobless-claims-lower-higher-than-expected/): 12:30 PM GMT, United States – Employment Data: The number of Americans continuing to receive unemployment benefits has reached its highest point since November 2021, suggesting that unemployed individuals are finding it harder to reenter the workforce. Continuing claims, which reflect the total number of people still receiving benefits, rose to 1.9 million for the week … - [Stock of The Week - Johnson & Johnson](https://todaymarkets.ae/stock-of-the-week-johnson-johnson/): Johnson & Johnson (JNJ.US) shares are under pressure following a significant legal setback, as a federal bankruptcy judge rejected the company’s third attempt to use bankruptcy proceedings to resolve thousands of talc-related lawsuits. This ruling sent shares tumbling by as much as 5.6% in a single day, marking the stock’s biggest intraday decline since March … - [U.S. Layoffs in Challenger Report With The Highest Number Since 2020](https://todaymarkets.ae/u-s-layoffs-in-challenger-report-with-the-highest-number-since-2020/): US March Challenger layoffs 275.24k vs 172.02k prior In March, U.S. employers announced a significant increase in planned layoffs — over 60% more than in February — reaching 275,240, the highest figure since the pandemic. According to Challenger, the number of layoffs in Q1 reached 497,052 — the most since the first quarter of 2009. … - [XAU Down 1.4% While XAG Tumbles 4% Amid Profit Taking](https://todaymarkets.ae/xau-down-1-4-while-xag-tumbles-4-amid-profit-taking/): Gold is down almost 1% today falling below $3100 level. Yesterday Trump’s massive tariffs plan increases uncertainty, however it didn’t apply to certain goods, including energy, copper, gold and other certain minerals that are not available in the United States. The US COMEX vaults are ‘full’ after huge imports from Europe, and US administration decision suggests that … - [Maersk Shares Slide 9% Amid Global Trade Worries](https://todaymarkets.ae/maersk-shares-slide-9-amid-global-trade-worries/): Shares of the world-largest shipping company, Danish AP Moeller Maersk (MAERSKA.DK) lose almost 10% today as investors are worried about trade war, curbing global trade volumes and GDP growth. Also, uncertainty around the US and global economy poses risks to the broad shipping sector. Not only Maersk, but also German Hapag Lloyd shares (HLAG.DE) lose … - [EUR/USD Sees It's Largest Daily Gain Since 2015](https://todaymarkets.ae/eur-usd-sees-its-largest-daily-gain-since-2015/): 📉Dollar in a trap after rapid tariff changes Euro is up today on the wave of weakness of the US dollar, which is being harmed by growing fears of a recession in the United States, caused by the drastic customs tariffs announced yesterday by Donald Trump. EURUSD is gaining the most in many years. Since … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-7/): A day after “Liberation Day”, EURUSD has officially erased the entire Trump Trade, which had driven the U.S. dollar higher up until the January inauguration of the American president. The cautious pricing of Trumpian protectionism, as well as the presumed market-friendly stance of Trump, have proven to be off the mark, opening the door for investors … - [Shibarium, built for the Shiba Inu blockchain, reaches 1 billion in transactions in 18 months after its launch](https://todaymarkets.ae/shibarium-built-for-the-shiba-inu-blockchain-reaches-1-billion-in-transactions-in-18-months-after-its-launch/): Shibarium, a Layer-2 blockchain for the Shiba Inu ecosystem, has reached 1 billion transactions 18 months after its launch. This milestone reflects Shibarium’s growing adoption and robust performance, with 1 billion transactions and 10 million blocks without major outages. This achievement highlights SHIB’s ecosystem utility, supports its burn mechanism, and may drive long-term value through … - [Hackers are selling counterfeit phones with crypto-stealing malware](https://todaymarkets.ae/hackers-are-selling-counterfeit-phones-with-crypto-stealing-malware/): Cybersecurity firm Kaspersky says it has uncovered thousands of counterfeit Android smartphones sold online with preinstalled malware designed to steal crypto and other sensitive data.  The Android devices are sold at reduced prices, cybersecurity firm Kaspersky Labs said in an April 1 statement, but are riddled with a version of the Triada Trojan that infects … - [Cotton Closed Lower on Wednesday, as Reciprocal Tariffs Announced](https://todaymarkets.ae/cotton-closed-lower-on-wednesday-as-reciprocal-tariffs-announced/): Cotton futures were weaker on Wednesday, with contracts closing down 40 to 47 points. Crude oil futures are back down 48 cents/barrel, as the US dollar index was $0.614 lower on the day, mostly coming following the tariff announcement.  President Trump’s “Liberation Day” tariffs came with reciprocal tariffs on Pakistan at 29%, Vietnam at 46%, and … - [Tariff's, Stocks And The Impact](https://todaymarkets.ae/tariffs-stocks-and-the-impact/): Trump’s tariff grenade hits the global economy There has been a big response from financial markets to the reciprocal tariff announcement in the US. European equities are lower across the board, the Eurostoxx index is down 2% and the FTSE 100 is down 1.2%. Asian stocks were mixed. The Nikkei was lower by 2.77%, the … - [Sugar Prices Finish Higher as Dollar Weakness Stokes Short Covering](https://todaymarkets.ae/sugar-prices-finish-higher-as-dollar-weakness-stokes-short-covering/): May NY world sugar #11 (SBK25) Wednesday closed up +0.24 (+1.24%), and May London ICE white sugar #5 (SWK25) closed up +7.00 (+1.28%). Sugar prices Wednesday rose to 1-week highs and settled moderately higher due to a weaker dollar.  The dollar index (DXY00) on Wednesday fell to a 1-1/2 week low, spurring short covering in … - [Cocoa Prices Sharply Higher on West African Cocoa Mid-Crop Concerns](https://todaymarkets.ae/cocoa-prices-sharply-higher-on-west-african-cocoa-mid-crop-concerns/): May ICE NY cocoa (CCK25) Wednesday closed up +791 (+9.67%), and May ICE London cocoa #7 (CAK25) closed up +469 (+7.44%). Cocoa prices Wednesday surged to 1-month highs on signs of a weak mid-crop cocoa harvest in West Africa.  According to Rabobank, late-arriving rains in the region have limited crop growth, and recent cocoa farmer … - [Coffee Prices Consolidate Above Recent Lows](https://todaymarkets.ae/coffee-prices-consolidate-above-recent-lows/): May arabica coffee (KCK25) Wednesday closed down -0.20 (-0.05%), and May ICE robusta coffee (RMK25) closed down -6 (-0.11%). Coffee prices Wednesday posted modest losses as they consolidated above Tuesday’s 2-month lows.  Coffee prices have been the defensive over the past week, with arabica falling to a 2-month nearest-futures low Tuesday and robusta dropping to … - [XAG/USD falls to near $33.00, further consolidation cannot be ruled out](https://todaymarkets.ae/xag-usd-falls-to-near-33-00-further-consolidation-cannot-be-ruled-out/): The Silver price (XAG/USD) falls to near $33.15 during the early European session on Thursday, pressured by some profit-taking. Nonetheless, the downside for the white metal might be limited as US President Donald Trump announced sweeping new global tariffs on Wednesday, raising the fears of a widening trade war.  According to the daily chart, the bullish trend of Silver remains … - [GBP rallies against US Dollar as Trump tariffs stoke recession fears](https://todaymarkets.ae/gbp-rallies-against-us-dollar-as-trump-tariffs-stoke-recession-fears/): The Pound Sterling (GBP) surges above 1.3100 against the US Dollar (USD) during the European trading hours on Thursday, the highest level seen in almost six months. The GBP/USD pair soars as the US Dollar plummets after United States (US) President Donald Trump unveils worse-than-expected tariffs for his trading partners.  The US Dollar Index (DXY), which tracks … - [Economic Calendar - Services PMI, Jobless Claims And U.S. Trade Balance](https://todaymarkets.ae/economic-calendar-services-pmi-jobless-claims-and-u-s-trade-balance/): The bubble of emotions that had been building with every minute of anticipation for “Liberation Day” and the announcement of retaliatory tariffs has finally burst. However, the end of the week will not be lacking in key data for the EU, U.S., and Canada, further moving the market. In addition to a series of PMI reports … - [Swiss CPI Below Expectations](https://todaymarkets.ae/swiss-cpi-below-expectations/): 06:30 AM GMT, Switzerland – Inflation Data for March: The Swiss consumer prices remained unchaned in March 2025 compared to the previous month, with YoY inflation stabilisaing at the 0.3% mark from the last reading. “Prices for international package holidays and for daily and periodical subscriptions increased, along with those for clothing and footwear. In contrast, prices for supplementary … - [USD/INR rises as Trump imposes a 26% tariff directed at India](https://todaymarkets.ae/usd-inr-rises-as-trump-imposes-a-26-tariff-directed-at-india/): The Indian Rupee (INR) remains under selling pressure on Thursday, pressured by the weakening in Asian equity and currency markets after US President Donald Trump imposed broad-based tariffs. Trump said on Wednesday that he would impose 26% tariffs on imports from India effective from April 9, a component of his comprehensive plan to place duties … - [XAU/USD remains unabated; fresh record highs being set amid risk-off mood](https://todaymarkets.ae/xau-usd-remains-unabated-fresh-record-highs-being-set-amid-risk-off-mood/): Gold price (XAU/USD) shot to a fresh record high during the Asian session on Thursday as investors rushed to take refuge in traditional safe-haven assets amid the risk-off impulse. US President Donald Trump announced sweeping reciprocal tariffs on Wednesday evening, sparking concerns about global economic growth and a recession in the US. This, in turn, sparked … - [U.S. Stocks Reversing an Initial Sell-off](https://todaymarkets.ae/u-s-stocks-reversing-an-initial-sell-off/): 🚨Wall Street lifts sentiment ahead of Trump’s speech at 08:00 pm GMT Investors are returning to US stocks and reversing an initial sell-off in anticipation of ‘Liberation Day’, during which US President Donald Trump will unveil a completely new US tariff policy, announcing tariffs on an unspecified number of countries and goods. All these elements … - [Tesla Shares Down 4% as Deliveries Disappoint Wall Street](https://todaymarkets.ae/tesla-shares-down-4-as-deliveries-disappoint-wall-street/): Tesla (TSLA.US) reported today Q1 deliveries number which came in much lower than anticipated numbers on Wall Street. Deliveries came in at 336,681 vs 408,000 exp. by FactSet analysts, falling 13% on a yearly basis. Those are the lowest number in 2 years.Total production came in at 362,615 cars, down due to Tesla Y production line changes. Today … - [ECB: April cut looks likely – Standard Chartered](https://todaymarkets.ae/ecb-april-cut-looks-likely-standard-chartered/): ECB’s April policy meeting could be a close call, but we lean towards a 25bps cut. For now, our base case is a June hold, but we see growing risks of another cut given tariff threats. Fiscal stimulus and tariff uncertainty means various scenarios for ECB policy are plausible, Standard Chartered’s analysts Christopher Graham and … - [Global markets are experiencing significant downward pressure after historic rally yesterday](https://todaymarkets.ae/global-markets-are-experiencing-significant-downward-pressure-after-historic-rally-yesterday/): Global markets are experiencing significant downward pressure after historic rally yesterday, with US indices showing substantial declines. In the Americas, most major indices are in negative territory with the US2000 down -3.67%, US100 falling -2.86%, US500 dropping -2.57%, and US30 declining -2.29%. The notable exception is the VIX volatility index, which has surged 8.84% to … - [Gold price sees US session push Bullion to $3,125](https://todaymarkets.ae/gold-price-sees-us-session-push-bullion-to-3125/): Gold price (XAU/USD) is printing a stellar return on Thursday, moving around $3,120 at the time of writing. Since Tuesday morning, the precious metal has rallied nearly 5.00%. The main driver for the rally came from United States (US) President Donald Trump, who announced a 90-day pause to higher tariffs on 56 countries and the European Union, which … - [EUR/USD breaks through 1.1100 after soft CPI release](https://todaymarkets.ae/eur-usd-breaks-through-1-1100-after-soft-cpi-release/): The EUR/USD pair sprints higher to 1.1120 at the time of writing on Thursday after the Consumer Price Index (CPI) release. A whipsaw session on Wednesday saw EUR/USD ranging from 1.1095 all the way down to 1.0913 as United States (US) President Donald Trump eased off his tariffs stance and lowered the reciprocal tariff rate for all countries to … - [Prada Acquires Versace For $1.375 Billion, Capri Shares Gain 5.5%](https://todaymarkets.ae/prada-acquires-versace-for-1-375-billion-capri-shares-gain-5-5/): Shares of Capri Holdings (CPRI.US) are up nearly 5.5% pre-market open after Prada agreed to acquire Versace for $1.375 billion, the company’s enterprise value. Prada is turning a new leaf in combining two of Italy’s biggest fashion brands to compete with French houses. It’s worth recalling that Versace has been losing money and struggling for some time … - [CME Group And CBOE Global Markets Shares in The Spotlight](https://todaymarkets.ae/cme-group-and-cboe-global-markets-shares-in-the-spotlight/): CME Group (CME.US) and CBOE Global Markets (CBOE.US) are among the leading providers of financial instruments, primarily for institutional investors in the United States. Shares of both companies have performed very well during the recent market downturns, thanks to exceptionally high trading activity across multiple markets. However, Bank of America downgraded its recommendation for CBOE from “Buy” to “Neutral,” while … - [U.S. March CPI Reading Lower Than Expected](https://todaymarkets.ae/u-s-march-cpi-reading-lower-than-expected/): US March CPI report: 2.4% YoY vs 2.5% exp. and 2.8% previously Core CPI YoY: 2.8% vs 3% exp. and 3.1% previously U.S. short-term interest rate futures rise after data, as traders increase bets on Fed rate cuts. Immediately following the U.S. macro data release, the stock market gained as investors no longer feared hot … - [U.S. Jobless Claims in Line With Expectations](https://todaymarkets.ae/u-s-jobless-claims-in-line-with-expectations/): 12:30 PM GMT, United States – Employment Data for April: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website … - [U.S. CPI Review](https://todaymarkets.ae/u-s-cpi-review/): Preview: what’s the outlook for inflation and Fed policy? At 2:30 PM today, we’ll get the U.S. Consumer Price Index (CPI) data for March. Forecasts suggest that price momentum slowed last month in line with weakening demand and consumer confidence. However, early signs of pricing pressure could emerge in categories such as Chinese imports and … - [Trade of The Day - US100](https://todaymarkets.ae/trade-of-the-day-us100-4/): Facts Recommendation Long position on US100 at the market price Opinion Bullish momentum has returned to global stock markets, and after record-breaking declines, U.S. indices may now have at least a short-term recovery ahead — one that could last longer than a single trading session. As yesterday’s session showed, in a scenario of rising risk … - [European Sentiment is Weaking as the DAX Trims 3% on Euphoric Gains](https://todaymarkets.ae/european-sentiment-is-weaking-as-the-dax-trims-3-on-euphoric-gains/): Sentiment on the European stock market is positive today, supported by the prospect of a 90-day suspension of U.S. trade tariffs. Yesterday, the U.S. Nasdaq posted its biggest one-day gain in 23 years, soaring over 12% in a single session. This move has fueled risk appetite and raised hopes for a return of a global … - [Chart of The Day - Gold - XAU/USD](https://todaymarkets.ae/chart-of-the-day-gold-xau-usd/): Gold has rebounded nearly 5.5% from Monday’s low. Although the GOLD futures contract bounced off the 78.6% Fibonacci retracement level, the stabilization of chaos in the equity markets—combined with persistent concerns over the global economic outlook—could continue to support the commodity’s price. The recent sell-off in gold appears to be coming to an end, but … - [European Equities Join The Global Rally](https://todaymarkets.ae/european-equities-join-the-global-rally/): The relief rally in markets has spread to Europe. Markets are a sea of green, however, there has been some easing in the rally, particularly for the UK. The FTSE 100 opened higher by 6% earlier this morning and is now trading UP 4%. European markets are also fading earlier gains, the Eurostoxx index is … - [Let's Talk Commodities Oil, Cocoa, Coffee And NATGAS](https://todaymarkets.ae/lets-talk-commodities-oil-cocoa-coffee-and-natgas/): Oil Crude oil inventories continue to rise in line with seasonal patterns but remain below the five-year average and last year’s levels. Source: Bloomberg Finance LP, XTB WTI oil has climbed back above $60, although at one point it had fallen over 20% since the end of March. Currently, a potential target for further rebound … - [42% Revenue Growth For TSMC in Q1 2025](https://todaymarkets.ae/42-revenue-growth-for-tsmc-in-q1-2025/): Taiwan Semiconductor Manufacturing Company (TSM.US) released its estimated monthly and quarterly results. The company reported a 42% year-over-year increase in revenue in the first quarter of 2025, driven by growing demand for AI servers and smartphones. The growth, the fastest since 2022, was partly the result of electronics manufacturers stockpiling in U.S. warehouses ahead of new … - [Economic Calendar - U.S. CPI And Jobs Data in Focus](https://todaymarkets.ae/economic-calendar-u-s-cpi-and-jobs-data-in-focus/): Volatility has been off the charts this week, driven by headline-grabbing events that have sent markets swinging from one extreme to the other. The 90-day pause on reciprocal tariffs, paired with Trump’s decision to maintain steep 125% duties on China, has kept investors on edge.  Nevertheless, Thursday could bring a sense of familiarity, as key macroeconomic … - [The Today Markets Market Update](https://todaymarkets.ae/the-today-markets-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Trump's tariff pause lifts ETH as SEC approves options trading on ETH ETF](https://todaymarkets.ae/trumps-tariff-pause-lifts-eth-as-sec-approves-options-trading-on-eth-etf/): Ethereum price today: $1,670 Ethereum (ETH) gained 13% on Wednesday after President Trump announced a 90-day tariff pause on 75 countries. Following the announcement, the Securities and Exchange Commission (SEC) approved Fidelity, BlackRock, Bitwise and Grayscale applications to allow options trading on their spot Ether ETFs. SEC approves options trading on ETH ETF; -2x ETH … - [Will Bitcoin price reach $100K as Trump confirms Blackrock CEO’s prediction?](https://todaymarkets.ae/will-bitcoin-price-reach-100k-as-trump-confirms-blackrock-ceos-prediction/): Bitcoin surged past $83,500, rising 12% after Trump reversed global tariffs. This market recovery comes after BlackRock CEO Larry Fink’s informed investors of a potential buying opportunity on Monday.  Trump’s tariff reversal triggered an upward breakout in Bitcoin toward $84K Bitcoin (BTC) surged more than 8% on Wednesday to reclaim the $84,000 level, marking its … - [GBP/USD falls to near 1.2850 following renewed US-China trade tension](https://todaymarkets.ae/gbp-usd-falls-to-near-1-2850-following-renewed-us-china-trade-tension/): The GBP/USD pair snapped its two-day winning streak, retreating to around 1.2850 during Asian trading hours on Thursday. The British Pound (GBP) came under pressure following the release of weaker-than-expected data from the RICS Housing Price Balance, which showed just a 2% increase in March. This marked a significant slowdown from the 20% and 11% gains recorded … - [ XAG/USD holds gains above $31.00 due to renewed safe-haven demand](https://todaymarkets.ae/xag-usd-holds-gains-above-31-00-due-to-renewed-safe-haven-demand/): Silver price (XAG/USD) continues to climb for the second straight day, trading near $31.10 per troy ounce during Thursday’s Asian session. The grey metal surged nearly 4% in the previous session, fueled by renewed safe-haven demand following escalating US-China trade tensions. US President Donald Trump announced an immediate hike in tariffs on Chinese imports to 125%, … - [Japanese Yen remains on the front foot against USD amid BoJ rate hike bets](https://todaymarkets.ae/japanese-yen-remains-on-the-front-foot-against-usd-amid-boj-rate-hike-bets/): The Japanese Yen (JPY) sticks to intraday gains led by the stronger-than-expected release of the Producer Price Index (PPI), which keeps the door open for further rate hikes by the Bank of Japan (BoJ). Furthermore, the optimism that Japan might strike a trade deal with the US turns out to be another factor underpinning the … - [US CPI data expected to show inflation eased in March, supporting dovish Fed rate cut path](https://todaymarkets.ae/us-cpi-data-expected-to-show-inflation-eased-in-march-supporting-dovish-fed-rate-cut-path/): The United States (US) Bureau of Labor Statistics (BLS) is set to publish the high-impact Consumer Price Index (CPI) inflation report for March on Thursday at 12:30 GMT. The CPI figures could notably impact the US Dollar (USD) and the Federal Reserve’s (Fed) monetary policy outlook. What to expect in the next CPI data report? As measured … - [WTI declines below $61.50 as trade war escalates](https://todaymarkets.ae/wti-declines-below-61-50-as-trade-war-escalates/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.45 during the early Asian session on Thursday. The WTI price tumbles amid the escalating trade war between the US and China, and fears of a slowdown in economic growth and energy demand. The renewed trade tensions raise serious questions about future oil demand, … - [FOMCMinutes - Fed Maintains Rate, Slows Balance Sheet Reduction](https://todaymarkets.ae/fomcminutes-fed-maintains-rate-slows-balance-sheet-reduction/): The Federal Reserve released minutes from its March 18-19, 2025 meeting, revealing that officials maintained the federal funds rate at 4.25-4.50% while deciding to slow the pace of balance sheet reduction starting in April. Key highlights: The Committee emphasized it was “attentive to the risks to both sides of its dual mandate” and would “carefully … - [Corn Rallies into the Close on Tariff Relief](https://todaymarkets.ae/corn-rallies-into-the-close-on-tariff-relief/): Corn futures got a late session pop higher on Wednesday, following an announcement on tariff relief by President Trump. Contracts were up 4 to 6 cents across most months. The front month CmdtyView national average Cash Corn price was up 5 1/4 cent at $4.46 1/2.  Late on the Wednesday session, President Trump announced that there would … - [Soybeans Rally into the Close as Most Tariffs Paused](https://todaymarkets.ae/soybeans-rally-into-the-close-as-most-tariffs-paused/): The soybean market got a late session rally on Wednesday to close the day with 19 to 21 point gains. CmdtyView’s national front month Cash Bean price was up 20 3/4 cents at $9.59 3/4. Soymeal futures were up 90 cents to $3.50/ton, with Soy Oil futures up 120 to 141 points. Late on the Wednesday session, President Trump announced that … - [Wheat Posts Strength on Wednesday](https://todaymarkets.ae/wheat-posts-strength-on-wednesday/): The wheat complex popped from mixed midday action to close with Wednesday gains across the three exchanges. Chicago SRW futures turned green into the close, with gains of 1 to 3 cents. Kansas City HRW contracts were up 5 to 7 cents on the session. MPLS spring wheat posted 7 to 8 cent gains in the … - [Cotton Rallies on Tariff Pause](https://todaymarkets.ae/cotton-rallies-on-tariff-pause/): Cotton futures saw buying extend into the close, as contracts were up 72 to 108 points on Wednesday. Crude oil futures closed the day up $3.14/barrel, after rallying off of the lowest level since February 2021 overnight. The US dollar index was steady on the day. Late on the Wednesday session, President Trump announced that … - [Sugar Prices Fall on Trade War Concerns and Weakness in Crude Oil](https://todaymarkets.ae/sugar-prices-fall-on-trade-war-concerns-and-weakness-in-crude-oil/): May NY world sugar #11 (SBK25) today is down -0.36 (-1.97%), and May London ICE white sugar #5 (SWK25) is down -9.20 (-1.76%). Sugar prices today are under pressure, with NY sugar falling to a 5-week low and London sugar dropping to a 2-month low.  Global trade war fears are also weighing on sugar prices … - [Dollar Weakness Spurs Short Covering in Cocoa Futures](https://todaymarkets.ae/dollar-weakness-spurs-short-covering-in-cocoa-futures/): May ICE NY cocoa (CCK25) today is up +693 (+8.94%), and May ICE London cocoa #7 (CAK25) is up +356 (+6.20%). Cocoa prices today recovered from early losses and are sharply higher as dollar weakness (DXY00) sparked short covering in cocoa futures.  Cocoa prices today initially moved lower, with NY cocoa falling to a 3-week … - [Trade War Concerns Pressure Coffee Prices](https://todaymarkets.ae/trade-war-concerns-pressure-coffee-prices/): May arabica coffee (KCK25) Wednesday closed down -1.20 (-0.35%), and May ICE robusta coffee (RMK25) closed up +51 (+1.06%). Coffee prices on Wednesday settled mixed, with arabica coffee falling to a 2-3/4 month low.   Global trade war fears undercut most commodity prices, including coffee, after China retaliated against US tariffs on Wednesday by imposing … - [EUR/USD misses the boat on market-wide tariff relief rally](https://todaymarkets.ae/eur-usd-misses-the-boat-on-market-wide-tariff-relief-rally/): EUR/USD remains bogged down on the carts, caught in the much between 1.1000 and 1.0900 despite a broad-market recovery in investor risk appetite after the US once again pivoted away from its own tariff policies. US President Donald Trump announced via social media post that his administration would be delaying “reciprocal” tariffs for 90 days, … - [USD/CAD strengthens above 1.4100 on tariff pause](https://todaymarkets.ae/usd-cad-strengthens-above-1-4100-on-tariff-pause/): The USD/CAD pair recovers some lost ground to near 1.4105 during the early Asian session on Thursday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) due to US President Donald Trump’s announcement of a 90-day delay on reciprocal tariffs. The US Consumer Price Index (CPI) inflation report will take center stage later on Thursday.  US President … - [NZD/USD weakens below 0.5650 as China’s CPI falls in March ](https://todaymarkets.ae/nzd-usd-weakens-below-0-5650-as-chinas-cpi-falls-in-march/): The NZD/USD pair softens to near 0.5630 during the early Asian section on Thursday. The New Zealand Dollar (NZD) remains weak against the Greenback after the release of China’s Consumer Price Index (CPI) report. Later on Thursday, the attention will shift to the US March CPI inflation data.  Data released by the National Bureau of Statistics of China … - [AUD/USD remains subdued following China’s CPI data](https://todaymarkets.ae/aud-usd-remains-subdued-following-chinas-cpi-data/): The Australian Dollar (AUD) edged lower against the US Dollar (USD) on Thursday, retracing some of its over 3% gain from the previous session. The AUD/USD pair weakened after US President Donald Trump escalated trade tensions with China by raising tariffs on Chinese imports to 125%, prompting concern due to Australia’s close trade ties with China. China … - [JPY/USD strengthens in reaction to stronger PPI print from Japan](https://todaymarkets.ae/jpy-usd-strengthens-in-reaction-to-stronger-ppi-print-from-japan/): The Japanese Yen (JPY) regained positive traction during the Asian session on Thursday in reaction to the stronger-than-expected release of the Producer Price Index (PPI), which keeps the door open for further rate hikes by the Bank of Japan (BoJ). Adding to this, the optimism that Japan might strike a trade deal with the US … - [Stocks Surge on Trump's Tariff Reversal](https://todaymarkets.ae/stocks-surge-on-trumps-tariff-reversal/): Trump reverses course on tariffs, and stocks surge The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted … - [Markets Rebounds on Trump's Tariff Suspension Announcement](https://todaymarkets.ae/markets-rebounds-on-trumps-tariff-suspension-announcement/): Trump’s Tariff Suspension Announcement Lifts U.S. Indices Trump announced a 90-day suspension of tariffs for countries that have chosen to cooperate and entered into negotiation talks with the U.S. At the same time, the president declared an increase in retaliatory tariffs on China to 125%. In response to the news, U.S. indices are experiencing record-breaking … - [Broad Sell- Off in U.S. Treasuries](https://todaymarkets.ae/broad-sell-off-in-u-s-treasuries/): U.S. bonds are on track for their steepest declines since the 2008 crisis. The largest increases are seen in yields on longer-term maturities. Part of this move stems from a significant capital shift from the equity market into the bond market, creating a sharp drop in yields that has been entirely erased over the past … - [Oil Prices Hit Four Year Low](https://todaymarkets.ae/oil-prices-hit-four-year-low/): WTI crude prices plunged to a four-year low amid a double blow from OPEC+ production increases and President Trump’s new trade policies targeting major oil importers like China and India. The ProShares UltraShort Bloomberg Crude Oil ETF saw its largest outflow ($72.2 million) since 2020 as investors cashed in profits from bearish bets, while the United States Oil … - [EU Announces €21 billion in Tariffs on U.S. Goods as Trade War Escalates](https://todaymarkets.ae/eu-announces-e21-billion-in-tariffs-on-u-s-goods-as-trade-war-escalates/): The European Union approved retaliatory tariffs on €21 billion ($23.2 billion) of American goods in response to President Donald Trump’s recent 25% duties on European steel and aluminum exports. The countermeasures, backed by a majority of EU member states on Wednesday, will begin taking effect in mid-April. Steel exports to US by country. Source: Bloomberg L.P. … - [Oil - WTI Gains After EIA Data](https://todaymarkets.ae/oil-wti-gains-after-eia-data/): 03:30 PM BST, United States – EIA Data: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [U.S. Wholesale Sales Higher Than Expected](https://todaymarkets.ae/u-s-wholesale-sales-higher-than-expected/): US Wholesale Sales MoM: 2.4% (Forecast 0.8%, Previous -1.3%) The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or … - [U.S. Markets Turn Volatile After China Raises Tariffs to 84%](https://todaymarkets.ae/u-s-markets-turn-volatile-after-china-raises-tariffs-to-84/): Major US indices are rebounding modestly after several days of steep declines, with the S&P 500 up 0.23% to 5022.0, the Dow Jones gaining 0.01% to 37753, and the Nasdaq leading with a 0.79% rise to 17363.76. The VIX volatility index has fallen -0.81% to 39.13, suggesting some easing of market fear. European markets present … - [Let's Explain Bond Market Movements](https://todaymarkets.ae/lets-explain-bond-market-movements/): Bonds are no longer a safe haven in the current market sell off. Longer dated bonds are lower across the board today, however, the moves have been most pronounced in the UK. 10-year Gilt yields have surged by 16bps and are selling off at a faster pace than 10-year US Treasury yields, in 30-year Gilts, … - [U.S. Treasury Secretary Bessent And The Fed's Kashkari Comment on Tariffs And U.S. Economy](https://todaymarkets.ae/6452-2/): U.S. Treasury Secretary Bessent announced that he would take a leading role in tariff negotiations in the United States. He also indicated that progress on the new tax cut bill is gaining momentum, and that over 70 countries are arranging meetings with the U.S. administration to negotiate tariffs. Comments from U.S. Treasury Secretary Bessent: Comments … - [JPMorgan CEO Jamie Dimon warned that a US recession is a likely outcome](https://todaymarkets.ae/jpmorgan-ceo-jamie-dimon-warned-that-a-us-recession-is-a-likely-outcome/): JPMorgan CEO Jamie Dimon warned that a US recession is a likely outcome, driven by persistent inflation, slowing growth, and expected credit defaults, although none have emerged yet.  He emphasized that sticky inflation won’t fade quickly and anticipates more credit issues than seen in a long time. While the current market turmoil caused by tariffs … - [European Markets Return to Sender](https://todaymarkets.ae/european-markets-return-to-sender/): General market situation: European stock prices have once again taken a nosedive after China imposed a total of 84% tariffs on US imports starting tomorrow. The pressure of the global trade war is intensifying ahead of the start of the Wall Street session. The probability of a US recession in 2025, as predicted by bookmakers, … - [The VIX Surges 6.3% Amid Panic Sell-off Ahead of Wall Street Open](https://todaymarkets.ae/the-vix-surges-6-3-amid-panic-sell-off-ahead-of-wall-street-open/): The futures on CBOE VIX index (VIX) surges almost 7% as US500 drops 1.8% on fears that trade war between US and China will escalate further, as China decided to increase tariffs on US goods from 34 to 84%, before negotiations with White House. Futures on US2000 are down 2.5% while US30 and US100 loses … - [China to Impose additional Tariff's to The 84% Total on U.S. Goods](https://todaymarkets.ae/china-to-impose-additional-tariffs-to-the-84-total-on-u-s-goods/): We didn’t have to wait long for a response from China. The finance minister has just announced that China is responding with another increase in tariffs on imports from the USA, raising them to a total of 84%. The new trade restrictions are set to come into effect tomorrow, April 10th. We’re seeing a return … - [U.S. Coal Stocks Surge on Trump's Executive Order](https://todaymarkets.ae/u-s-coal-stocks-surge-on-trumps-executive-order/): Shares of Peabody Energy (BTS.US) and other U.S. coal companies are rising today in pre-market trading, as President Trump signed executive orders aimed at boosting coal production and usage in the U.S. after years of declines. The company’s stock is trading 17% higher ahead of Wall Street’s opening. Trump emphasized that coal is a key … - [European Markets Broadly Lower](https://todaymarkets.ae/european-markets-broadly-lower/): European stock markets have opened broadly lower on Wednesday, after Donald Trump’s reciprocal tariffs came into effect. After Wednesday’s dead cat bounce for stocks, it is sell the rumour, and sell the fact for European financial markets on Wednesday as risky assets and safe havens alike sell off on the back of President Trump’s punitive … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-8/): Today, the Japanese yen (JPY) is among the strongest performing currencies, strengthening sharply following the recent announcement of new U.S. tariffs. Investors are coming back to the old traditional safe-haven currencies such as the yen and the Swiss franc (CHF) in response to the increased uncertainty surrounding global trade. As a result, the USDJPY pair has … - [Oil - WTI Indicating Recessionary Vibes](https://todaymarkets.ae/oil-wti-indicating-recessionary-vibes/): WTI crude at its lowest since February 2021 in response to reciprocal tariffs Oil continues its strong declines following yesterday’s session, where WTI crude fell below $60 per barrel. Currently, we are observing prices below $58 per barrel, although it was lower during the Asian session. At one point, oil lost almost 3%, but this … - [RBNZ Cuts Rate, Tariff's And The Sell-off Continues](https://todaymarkets.ae/rbnz-cuts-rate-tariffs-and-the-sell-off-continues/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD holds above $29.50 amid tariff uncertainty](https://todaymarkets.ae/xag-usd-holds-above-29-50-amid-tariff-uncertainty/): The Silver price (XAG/USD) recovers some lost ground to around $29.85 during the Asian trading hours on Wednesday. Analysts believe the recent correction could be a setup for a strong rebound amid rising trade tensions and recession fears. Traders brace for the FOMC Minutes, which are due later on Wednesday.  US President Donald Trump said late … - [GBP/USD appreciates to near 1.2850](https://todaymarkets.ae/gbp-usd-appreciates-to-near-1-2850/): The GBP/USD pair advances for a second straight session, trading near 1.2820 during Asian hours on Wednesday. The pair’s uptick is supported by easing trade tensions after US President Donald Trump signaled openness to negotiations with global partners, fueling hopes of a potential de-escalation in trade conflicts. US Customs and Border Protection confirmed on Tuesday that it … - [USD/INR jumps as RBI cuts Repo Rate by 25 bps to 6.00%](https://todaymarkets.ae/usd-inr-jumps-as-rbi-cuts-repo-rate-by-25-bps-to-6-00/): The Indian Rupee (INR) extends the decline on Wednesday after reaching the largest single-day loss in nearly three months in the previous session. The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) unanimously voted to cut the policy Repo Rate by 25 basis points (bps) to 6.00% at its April meeting on Wednesday. The local currency … - [NZD/USD Rebounds from sub-0.5500 levels/multi-year low; not out of the woods yet](https://todaymarkets.ae/nzd-usd-rebounds-from-sub-0-5500-levels-multi-year-low-not-out-of-the-woods-yet/): The NZD/USD pair stages a modest recovery from levels below the 0.5500 psychological mark, or the lowest since March 2020  touched earlier this Thursday after the Reserve Bank of New Zealand (RBNZ) announced its policy decision. The intraday move up, however, lacks follow-through, with spot prices currently trading around the 0.5535-0.5540 region or nearly unchanged … - [Australian Dollar trims recent gains as US reciprocal tariffs take effect](https://todaymarkets.ae/australian-dollar-trims-recent-gains-as-us-reciprocal-tariffs-take-effect/): The Australian Dollar (AUD) halted its three-day losing streak against the US Dollar (USD) on Wednesday, supported by comments from US President Donald Trump suggesting a willingness to negotiate with trade partners. Trump’s remarks boosted optimism for a potential easing of global trade tensions. The AUD faces headwinds as market volatility remains elevated after the … - [EUR/USD attracts some buyers above 1.1050, FOMC Minutes in focus](https://todaymarkets.ae/eur-usd-attracts-some-buyers-above-1-1050-fomc-minutes-in-focus/): The EUR/USD pair rises to near 1.1065 during the early European session on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) after US President Donald Trump’s tariff policy takes effect. Later on Wednesday, traders will take more cues from the release of the FOMC Minutes.  Also, the Federal Reserve’s (Fed) Thomas Barkin is set to speak … - [JPY/USD retreats slightly after retesting multi-month high against broadly weaker USD](https://todaymarkets.ae/jpy-usd-retreats-slightly-after-retesting-multi-month-high-against-broadly-weaker-usd/): The Japanese Yen (JPY) builds on strong intraday gains and retests the highest level since October 2024 against its American counterpart during the Asian session on Wednesday. Persistent worries about the potential economic fallout from US President Donald Trump’s sweeping trade tariffs continue to weigh on investors’ sentiment and benefit traditional safe-haven assets, including the … - [EUR/JPY trades near 160.40 after recovering daily losses](https://todaymarkets.ae/eur-jpy-trades-near-160-40-after-recovering-daily-losses/): EUR/JPY recovers its daily losses, trading near the 160.50 during Asian trading hours on Wednesday. However, the currency cross faced challenges as the Japanese Yen strengthened ahead of a key meeting between Japan’s Ministry of Finance (MOF), Financial Services Agency (FSA), and the Bank of Japan (BoJ) to discuss international financial markets. A joint statement … - [XAU/USD climbs to $3,017, closer to Tuesday's swing high amid heightened safe-haven demand](https://todaymarkets.ae/xau-usd-climbs-to-3017-closer-to-tuesdays-swing-high-amid-heightened-safe-haven-demand/): Gold price (XAU/USD) climbs further beyond the $3,000 psychological mark during the Asian session on Wednesday and retests the overnight swing high as concerns about a tariffs-driven global recession continue to underpin safe-haven assets. Adding to this, rising bets that the Federal Reserve (Fed) will resume its rate-cutting cycle in May and deliver multiple rate … - [Corn Mixed as Bull Spreading Continues](https://todaymarkets.ae/corn-mixed-as-bull-spreading-continues/): The corn market found some support on Tuesday with contracts up 4 to 5 cents in the nearbys, as new crop was leaking lower, down ¼ in December. The CmdtyView national average Cash Corn price was up 5 cents at $4.40 1/2.  USDA reported a private export sale of 240,000 MT of corn for 2024/25 to Spain … - [Soybeans Spreading Continues on Tuesday](https://todaymarkets.ae/soybeans-spreading-continues-on-tuesday/): Soybeans saw a continuation of the Monday spreading, as front months were up 4 ¼ to 9 ¾ cents. New crop contracts were wo 2 to 5 cents at the close. CmdtyView’s national front month Cash Bean price was up 11 cents at $9.38. Soymeal futures were up a dime to $2.60/ton, with Soy Oil futures back down 15 to 29 … - [Wheat Gets Pop Higher on Tuesday](https://todaymarkets.ae/wheat-gets-pop-higher-on-tuesday/): The wheat complex posted Tuesday gains across the three markets. Chicago SRW futures saw gains of 3 to 4 cents on the session. Kansas City HRW contracts were 2 to 3 cents higher across the nearbys on Tuesday. MPLS spring wheat posted gains of 6 to 7 cents in the front months. US wheat ending stocks … - [Cotton Price Falls Back](https://todaymarkets.ae/cotton-price-falls-back/): Cotton futures posted Tuesday weakness, closing 44 to 56 points lower. Crude oil futures were down $2.48/barrel, falling to a 4-year low and the lowest close since April 2021. The US dollar index was back down $0.247 on the day. The addition 50% tariffs on China are set to go into effect tomorrow April 9, … - [Sugar Prices Moderately Lower on Brazilian Real Weakness](https://todaymarkets.ae/sugar-prices-moderately-lower-on-brazilian-real-weakness/): May NY world sugar #11 (SBK25) Tuesday closed down -0.37 (-1.98%), and May London ICE white sugar #5 (SWK25) closed down -10.70 (-2.00%). Sugar prices on Tuesday dropped to 5-week lows and settled moderately lower due to the weakness of the Brazilian real (^USDBRL).  The real fell to a 2-1/2 month low against the dollar … - [Trade War Fears Undercut Cocoa Prices](https://todaymarkets.ae/trade-war-fears-undercut-cocoa-prices/): May ICE NY cocoa (CCK25) Tuesday closed down -298 (-3.70%), and May ICE London cocoa #7 (CAK25) closed down -227 (-3.80%). Cocoa prices on Tuesday extended their three-session slide, with NY cocoa falling to a 3-week low and London cocoa dropping to a 5-month low.  Global trade war fears are weighing on cocoa prices on … - [Arabica Coffee Closes Lower as the Brazilian Real Tumbles](https://todaymarkets.ae/arabica-coffee-closes-lower-as-the-brazilian-real-tumbles/): May arabica coffee (KCK25) Tuesday closed down -1.90 (-0.55%), and May ICE robusta coffee (RMK25) closed up +26 (+0.54%). Coffee prices on Tuesday settled mixed.  Arabica coffee was under pressure Tuesday after the Brazilian real (^USDBRL) fell to a 2-1/2 month low against the dollar, encouraging export selling from Brazil’s coffee producers.   However, robusta … - [EUR/USD could target the 1.1100-1.1200 level](https://todaymarkets.ae/eur-usd-could-target-the-1-1100-1-1200-level/): The U.S. announced 104% duties on Chinese imports, set to take effect shortly after midnight. The Dollar Index on confirmed break below 102 can turn bearish to 101-100. The Euro above 1.09/085 can attempt to rise back towards 1.11-1.12. EURINR has risen past 95 and if sustained, can head towards 96-97. USDJPY and EURJPY can trade within 148-144 and 160-164 … - [U.S. economic outlook: Tariffs throw a spanner in the works](https://todaymarkets.ae/u-s-economic-outlook-tariffs-throw-a-spanner-in-the-works/): Tariffs likely will cause a modest stagflationary shock to the U.S. economy Tariffs likely will cause a modest stagflationary shock to the U.S. economy The most notable economic development since we published our previous U.S. Economic Outlook a month ago was the extraordinary increase in tariff rates that President Trump announced on April 2. As we noted … - [Asian Markets: Tariff tantrum hammers calm, panic selling back in play](https://todaymarkets.ae/asian-markets-tariff-tantrum-hammers-calm-panic-selling-back-in-play/): Any illusion of calm in Asia just got nuked. Trump’s latest tariff tantrum hits like a macro wrecking ball, torching what was left of risk appetite and plunging markets back into full-blown panic mode. Cross-asset flows are in chaos, and the only question on every desk this morning is: Is he really willing to light a … - [Goolsbee Tariff Scale is significantly Higher Than The Fed Anticipated. Indices in China Plummeting](https://todaymarkets.ae/goolsbee-tariff-scale-is-significantly-higher-than-the-fed-anticipated-indices-in-china-plummeting/): In an interview that ended just a few minutes ago, Austan Goolsbee from the Fed expressed growing concern over the economic consequences of the new U.S. tariffs. He emphasized that tariffs on intermediate goods — that is, raw materials used in production — could seriously harm American industry and disrupt supply chains. Goolsbee noted that there … - [White House Announces Tariff Hike on China to 104%, Indices Erase Gains](https://todaymarkets.ae/white-house-announces-tariff-hike-on-china-to-104-indices-erase-gains/): White House spokesperson Levitt stated that the U.S. has just imposed an additional 50% tariff on China, raising total tariffs to a record-high 104%. Additional trade restrictions are set to take effect tomorrow, April 9th. This information aligns with yesterday’s statements from Trump, when he threatened an extra 50% tariff on imports from China if … - [NZD/USD - Recommendation From Credit Agricole](https://todaymarkets.ae/nzd-usd-recommendation-from-credit-agricole/): Crédit Agricole Research has issued a recommendation for the NZDUSD currency pair. Crédit Agricole Research recommends taking a long position on the pair with the following levels: Crédit Agricole Research recommends taking a long position on NZDUSD at market price with a target of 0.5800 and a Stop Loss order at 0.5490. Source: xStation5 The … - [Market Update](https://todaymarkets.ae/market-update-4/): At the opening of the U.S. session, we observe dynamic gains. Indices are already up between 3.50–4.00%. The optimism is driven by “exceptionally” positive information conveyed by representatives of the U.S. administration regarding trade negotiations. Update by Topic U.S. Trade Policy and Tariffs Negotiations with China Energy Policy and Coal The material on this page … - [US100 Gains 3.3%](https://todaymarkets.ae/us100-gains-3-3/): Wall Street regains ground; NVIDIA up 7.2% 🚨 The session today shows a wave of recovery after the declines that have been ongoing since Thursday. US indices are gaining around 3% in the first hour of trading (US500 is up 3.01%, US100 3.26%, and US30 is up 2.7%). Although yesterday’s US indices were close to … - [EUR/USD - Recommendation From Credit Agricole](https://todaymarkets.ae/eur-usd-recommendation-from-credit-agricole/): Crédit Agricole Research has issued a recommendation for the EURUSD currency pair. Crédit Agricole Research recommends taking a short position on the pair with the following levels: Entry (at market price): 1.0960Target: 1.0550Stop: 1.1190 Crédit Agricole Research recommends taking a short position on EURUSD at the market price with a target at 1.0550 and a … - [EUR/GBP Recommendation From Credit Agricole](https://todaymarkets.ae/eur-gbp-recommendation-from-credit-agricole-2/): Credit Agricole has issued a recommendation for the EURGBP currency pair. Credit Agricole recommends taking a short position on the EURGBP pair on the following conditions: Entry (market): 0.8555Target price: 0.8350Stop loss: 0.8675 Credit Agricole recommends taking a short position on EURGBP at the market price with a take profit order at 0.8350 and a … - [Trade of The Day - CAD/CHF](https://todaymarkets.ae/trade-of-the-day-cad-chf/): Facts:CADCHF bounced off the key mid-term resistance zoneThe mid-term sentiment remains bearish Recommendation: Trade: Short position on CADCHF at market priceTarget: 0.5980, 0.5950Stop:  0.6075 Opinion: CADCHF has experienced an upward correction recently. Looking at the H1 interval, one can see that sellers managed to halt advance at key mid-term resistance around 0.6055 which is marked with … - [ECB Council Member Simkus Comments - Rate Cut Needed in April](https://todaymarkets.ae/ecb-council-member-simkus-comments-rate-cut-needed-in-april/): “25 bps rate cut [in Eurozone] is needed in April” commented Gediminas Simkus from the Governing Council of the European Central Bank (ECB) for Econostream. The central banker joined the dovish chorus within the ECB, which is growing amid concerns about the negative effects of American retaliatory tariffs and the further escalation of the trade … - [Chart of The Day - Bitcoin](https://todaymarkets.ae/6368-2/): Facts: Recommendation: Trade: Short position on BITCOIN at market priceTarget: 74900, 72610Stop: 82450 Opinion: Bitcoin has experienced an upward correction recently. Looking at the H1 interval, one can see that sellers managed to halt advance at key mid-term resistance around $81,150 which is marked with the upper limit of the 1:1 structure and previous price reactions and … - [U.S FNIB Business Optimism Weaker Than Expected](https://todaymarkets.ae/u-s-fnib-business-optimism-weaker-than-expected/): US NFIB Business Optimism Index Actual 97.4 (Forecast 99, Previous 100.70) NFIB Chief Economist Bill Dunkelberg commented the reading that: “The implementation of new policy priorities has heightened the level of uncertainty among small business owners over the past few months. Small business owners have scaled back expectations on sales growth as they better understand how … - [PBOC Weakens Yuan in Response To Trump's Tariff's](https://todaymarkets.ae/pboc-weakens-yuan-in-response-to-trumps-tariffs/): The Chinese yuan (USDCNH: +0.2%) is returning today to a historical low after the People’s Bank of China (PBOC) weakened the reference rate against the dollar to 7.2038 CNH. The exchange rate broke through the psychological 7.20 level for the first time since Donald Trump’s November election and is now at its lowest point since September … - [European Markets Stage Exit Sideways](https://todaymarkets.ae/european-markets-stage-exit-sideways/): European markets are broadly positive as investors await President Trump’snext move. The volatility gauge VSTOXX fell -4.80% to 31.73, while Spain’s SPA35 dropped -1.04% to 11771. Several markets showed gains, with Polish W20 leading (+2.21% to 2448.6), followed by Austria’s AUT20 (+1.19% to 3564). The EU50 rose 0.79% to 4640.6, and Germany’s DE40 gained 0.75% … - [Markets - Dead Cat Bounce?](https://todaymarkets.ae/markets-dead-cat-bounce/): Markets are in a cautiously optimistic mood on Tuesday after wild swings on an historic Monday for risk assets. US stock markets fell modestly, although the Nasdaq managed eke out a gain, as Nvidia rose more than 3%, and the Magnificent 7 group of tech stocks managed to reverse earlier losses. Does this mean the … - [Chart of The Day - Nadaq100](https://todaymarkets.ae/chart-of-the-day-nadaq100/): Nasdaq 100 (US100) futures are gaining nearly 1% today. While they have rebounded somewhat from yesterday’s sell-off low around 17,600 points, it is hard to speak of a radical improvement in sentiment. The index is still struggling to break above resistance at 18,000 points and is currently trading near the 38.2% Fibonacci retracement level of the … - [Economic Calendar - Light Macro Calendar](https://todaymarkets.ae/economic-calendar-light-macro-calendar/): Market sentiment is slightly more positive today, although the macro calendar is very light and unlikely to drive major moves across financial markets. Investors remain hopeful that the 50% tariffs on China, announced by President Trump, will not come into effect before April 9, and that the two countries will eventually reach an agreement. However, … - [The VIX volatility index remains above 30 points](https://todaymarkets.ae/the-vix-volatility-index-remains-above-30-points/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD keeps the bearish vibe, key support level emerges near $30.00](https://todaymarkets.ae/xag-usd-keeps-the-bearish-vibe-key-support-level-emerges-near-30-00/): The Silver price (XAG/USD) posts modest gains around $30.15 during the Asian trading hours on Tuesday. The upside for the white metal might be limited due to investors liquidating positions to secure profits, possibly covering losses or margin calls on falling asset valuations, fueled by concerns about a global trade war. Nonetheless, the weaker Greenback might help … - [EUR/USD Bulls have the upper hand while above 1.0900, 200-period EMA on H4](https://todaymarkets.ae/eur-usd-bulls-have-the-upper-hand-while-above-1-0900-200-period-ema-on-h4/): The EUR/USD pair regains positive traction during the Asian session on Tuesday, snapping a two-day losing streak and stalling the recent pullback from its highest level since September touched last week. The uptick lifts spot prices to the 1.0975 area, or a fresh daily high in the last hour, and is sponsored by renewed US Dollar … - [XRP battles tariff turbulence amid MVRV buy signal](https://todaymarkets.ae/xrp-battles-tariff-turbulence-amid-mvrv-buy-signal/): Ripple (XRP) seeks stability in a volatile crypto landscape influenced by macroeconomic factors, including reciprocal tariffs. The international money transfer token hit a low of $1.64 on Monday after opening the week at $1.92, representing a 14.5% daily drop. At the time of writing on Tuesday, during the late Asian session, XRP had recovered Monday losses, exchanging … - [Trade war escalates crypto market downturn amid President Trump's new tariff announcement](https://todaymarkets.ae/trade-war-escalates-crypto-market-downturn-amid-president-trumps-new-tariff-announcement/): The cryptocurrency market extended its decline on Monday, stretching its market capitalization loss to $250 billion since the US slapped tariffs on international trading partners. The market looks set for further downside pressure as President Donald Trump threatened to add an extra 50% levy on China. Bitcoin, crypto market dips further as trade war intensifies … - [FX option expiries for Apr 8 NY cut](https://todaymarkets.ae/fx-option-expiries-for-apr-8-ny-cut/): FX option expiries for Apr 8 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts USD/JPY: USD amounts                                  AUD/USD: AUD amounts EUR/GBP: EUR amounts         - [GBP/USD extends backslide as safe haven trade resumes](https://todaymarkets.ae/gbp-usd-extends-backslide-as-safe-haven-trade-resumes/): GBP/USD sank again on Monday, extending Cable into a second straight trading day of declines and pushing bids back down to the 200-day Exponential Moving Average (EMA) just north of 1.2700. After a brief reprieve, The US Dollar has resumed dominating risk-off flows, with deflating investor sentiment bolstering the Greenback across the board. More tariffs? … - [XAU/USD moves away from multi-week low set on Monday; looks to the $3,000 mark](https://todaymarkets.ae/xau-usd-moves-away-from-multi-week-low-set-on-monday-looks-to-the-3000-mark/): Gold price (XAU/USD) regains some positive traction during the Asian session on Tuesday and for now, seems to have snapped a three-day losing streak from a nearly four-week low, around the $2,957-2,956 area touched the previous day. US President Donald Trump’s sweeping reciprocal tariffs announced last week sparked concerns about a global trade war, which could … - [US Treasury Sec. Bessent: Japan's non-tariff barriers are quite high](https://todaymarkets.ae/us-treasury-sec-bessent-japans-non-tariff-barriers-are-quite-high/): US Treasury Secretary Scott Bessent late Wednesday said late Monday that he has not yet received a trade offer from Japan. Nonetheless, Bessent expects Japan to be prioritized in negotiations due to their early approach, per Fox Business Network.  Bessent emphasized that Japan’s non-tariff trade barriers are considerably high. However, he expressed optimism about the … - [XRP could sustain rally amid growing ETF and SEC vote prospects ](https://todaymarkets.ae/xrp-could-sustain-rally-amid-growing-etf-and-sec-vote-prospects/): Ripple (XRP) flaunted a bullish outlook, trading at $2.1505 at the time of writing on Tuesday. Investor risk appetite has continued to grow since the middle of last week, propping XRP for a sustainable upward move triggered by the swift decision by United States (US) President Donald Trump to suspend reciprocal tariffs for 90 days.  Traders anticipate … - [XAU/USD price holds above $3,200; bullish bias remains amid trade uncertainty](https://todaymarkets.ae/xau-usd-price-holds-above-3200-bullish-bias-remains-amid-trade-uncertainty/): Gold price (XAU/USD) attracts some dip-buyers following the previous day’s modest pullback from the record high and trades comfortably above the $3,200 mark during the Asian session on Tuesday. The rapid escalation of the trade war between the US and China – the world’s two largest economies – keeps market participants on the edge. Adding … - [EUR/USD trades near 1.1350, stays silent as US Dollar seeks to recover stability](https://todaymarkets.ae/eur-usd-trades-near-1-1350-stays-silent-as-us-dollar-seeks-to-recover-stability/): EUR/USD continues to slide for the second consecutive session, trading near 1.1350 during Asian hours on Tuesday. The pair weakens as the US Dollar (USD) attempts to regain stability amid growing concerns over stagflation. In early hours on Tuesday, Atlanta Fed President Raphael Bostic commented that the Federal Reserve still faces a long journey to bring inflation … - [GBP/USD climbs further beyond 1.3200, highest since October ahead of UK jobs data](https://todaymarkets.ae/gbp-usd-climbs-further-beyond-1-3200-highest-since-october-ahead-of-uk-jobs-data/): The GBP/USD pair attracts buyers for the sixth straight day and climbs above the 1.3200 mark, hitting a fresh high since October 2024 during the Asian session on Tuesday. Moreover, the bearish sentiment surrounding the US Dollar (USD) suggests that the path of least resistance for spot prices remains to the upside. Investors remain concerned … - [AUD strengthens as US tariff exemption boosts global risk appetite](https://todaymarkets.ae/aud-strengthens-as-us-tariff-exemption-boosts-global-risk-appetite/): The Australian Dollar (AUD) strengthens for a fifth straight session against the US Dollar (USD) on Tuesday. The AUD/USD pair continued to gain momentum after US President Donald Trump exempted key technology products from his new “reciprocal” tariffs, lifting global risk sentiment. The exemptions cover items largely produced in China—such as smartphones, computers, semiconductors, solar cells, and … - [JPY trims part of modest intraday losses against bearish USD](https://todaymarkets.ae/jpy-trims-part-of-modest-intraday-losses-against-bearish-usd/): The Japanese Yen (JPY) trims a part of modest Asian session losses on Tuesday and remains close to a multi-month high touched against its American counterpart last week. The rapidly escalating US-China trade war and persistent worries about the potential economic fallout from Trump’s disruptive tariffs continue to underpin demand for traditional safe-haven assets, including … - [USD/CAD stabilizes around 1.3900 after rebounding from five-month lows](https://todaymarkets.ae/usd-cad-stabilizes-around-1-3900-after-rebounding-from-five-month-lows/): USD/CAD halts its four-day losing streak, trading around 1.3890 during the Asian hours on Tuesday. The pair edges higher as the US Dollar (USD) attempts to stabilize amid mounting concerns over stagflation. Traders will likely observe BoC Consumer Price Index Core data for March due later in the day. Atlanta Fed President Raphael Bostic remarked during early Tuesday’s market … - [WTI stays above $61.00 due to tariff relief hopes, strong Chinese imports](https://todaymarkets.ae/wti-stays-above-61-00-due-to-tariff-relief-hopes-strong-chinese-imports/): West Texas Intermediate (WTI) crude Oil price remains stable around $61.10 during Asian trading hours on Tuesday. A potential upside in crude prices is supported by recent comments from US President Donald Trump, who suggested the possibility of new tariff exemptions. On Monday, Trump indicated he is considering temporary relief from the 25% tariffs on the … - [Wheat Weakness Comes Back in on Monday](https://todaymarkets.ae/wheat-weakness-comes-back-in-on-monday/): The wheat complex gave back most of Friday’s gains, as losses extended across the three exchanges. Chicago SRW futures were back down 8 to 9 cents in the front months at the close. Kansas City HRW contracts closed with 12 to 13 cent losses on the session. MPLS spring wheat was down 9 to 11 cents at … - [Soybeans See New Crop Strength on Monday](https://todaymarkets.ae/soybeans-see-new-crop-strength-on-monday/): Soybeans closed the Monday session with contracts mixed, as nearbys were 1 to 3 cents weaker. New crop contracts were up as much as 3 cents in November. CmdtyView’s national front month Cash Bean price was down a penny at $9.89 3/4. Soymeal futures closed with losses of 70 cents to $2.50/ton, with Soy Oil futures 23 to 103 points lower. … - [Corn Starts the Short Week in the Red](https://todaymarkets.ae/corn-starts-the-short-week-in-the-red/): Corn futures closed the Monday session with contracts 1 to 5 ¼ cents in the red, led by the nearbys. The front month CmdtyView national average Cash Corn price was down 5 cents at $4.57 3/4. The markets will be closed on Friday in observance of Good Friday.  USDA released a private export sale of 120,000 MT … - [Cotton Prices Have Bottomed, But Fundamentals Need to Improve for a Sustained Price Uptrend](https://todaymarkets.ae/cotton-prices-have-bottomed-but-fundamentals-need-to-improve-for-a-sustained-price-uptrend/): Most raw commodity futures markets have been hit hard over the past two weeks by highly elevated risk aversion in the general marketplace. This sentiment has cleared out the speculative bulls from the raw commodity space. Worries about the U.S.-China trade war creating a global economic recession have been fully bearish for commodity markets, from … - [Demand Worries Undercut NY Sugar Prices](https://todaymarkets.ae/demand-worries-undercut-ny-sugar-prices/): May NY world sugar #11 (SBK25) Monday closed down -0.13 (-0.72%), and May London ICE white sugar #5 (SWK25) closed up +4.40 (+0.84%). Sugar prices on Monday settled mixed, with NY sugar falling to a 2-3/4 month low.  Sugar prices are under pressure due to worries that demand for sugar will decline as the global … - [Cocoa Prices Retreat on Demand Concerns](https://todaymarkets.ae/cocoa-prices-retreat-on-demand-concerns/): May ICE NY cocoa (CCK25) Monday closed down -264 (-3.10%), and May ICE London cocoa #7 (CAK25) closed down -237 (-3.82%). Cocoa prices retreated on Monday on signs of weak cocoa demand.  Malaysia reported Monday a -15.3% y/y decline in Q1 cocoa processing to 84.192 MT, and Brazil reported a -13% y/y fall in Q1 … - [Coffee Prices Settle Higher on Below-Normal Rain in Brazil](https://todaymarkets.ae/coffee-prices-settle-higher-on-below-normal-rain-in-brazil/): Coffee prices on Monday moved higher and posted 1-week highs.  Below-normal rain in Brazil supported coffee prices after Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing area of Minas Gerais received 17.9 mm of rain in the week ended April 12, or 89% of the historical average.  Robusta coffee is also climbing on … - [OPEC Trims Demand Forecasts](https://todaymarkets.ae/opec-trims-demand-forecasts/): The Organization of the Petroleum Exporting Countries (Opec) has lowered its projections for global oil demand growth in both 2025 and 2026, citing the impact of US tariffs on the global economy and crude consumption in its latest monthly report released today. Demand Outlook Revised Downwards Opec now forecasts oil demand to expand by 1.3 … - [Intel to Sell a Large Stake in Altera to Silver Lake For $8.75 Billion](https://todaymarkets.ae/intel-to-sell-a-large-stake-in-altera-to-silver-lake-for-8-75-billion/): Intel announced Monday it will sell a 51% stake in its Altera business to private equity firm Silver Lake, valuing the programmable chip unit at $8.75 billion. Intel shares rose 3.9% in premarket trading on the news. The deal provides Intel with needed cash as it cuts costs and invests in becoming a contract manufacturer, … - [European Markets - DE40 Contracts Are Currently Gaining 1%](https://todaymarkets.ae/european-markets-de40-contracts-are-currently-gaining-1/): Overall market situation: Sentiment during the first session this week in Europe is very good. DE40 contracts are currently gaining 1%, while FRA40 and UK100 are adding 0.27% and 0.3% respectively. The economic calendar is empty today, so investors will focus on quarterly company results and possible information on tariffs in the world. Distribution of … - [Goldman Sachs Shares Gain 2.5% After Q1 Results](https://todaymarkets.ae/goldman-sachs-shares-gain-2-5-after-q1-results/): Goldman Sachs (GS.US) shares are gaining nearly 2.5% after the financial institution published its results for the first quarter of 2025. The GS board also approved a share buyback program worth up to $40 billion. The company’s Q1 results: Source: xStation The material on this page does not constitute financial advice and does not take into … - [EUR/USD strengthens on mounting fears of US stagflation](https://todaymarkets.ae/eur-usd-strengthens-on-mounting-fears-of-us-stagflation/): EUR/USD jumps to near 1.1400 in Monday’s European session. The major currency pair aims to reclaim the over-three-year high of 1.1474, which it posted on Friday. The pair demonstrates sheer strength as the US Dollar (USD) continues to dive amid growing fears of United States (US) stagflation, a situation in which inflation increases, the economy deteriorates, and employment … - [Oil: Tariff relief vs Iranian talks – ING](https://todaymarkets.ae/oil-tariff-relief-vs-iranian-talks-ing/): The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week. News that the Trump administration is offering tariff exemptions on certain electronics products initially supported risk assets. Since then, uncertainty returned as President Trump suggested exemptions are only temporary — and that other more specific … - [GBP/JPY - Recommendation From Nomura](https://todaymarkets.ae/gbp-jpy-recommendation-from-nomura/): Nomura has published a recommendation for the GBPJPY currency pair. Nomura recommends taking a short position on the following conditions: Entry (market): 187.17Target: 180.00Stop: 190.00 Nomura recommends taking a long position on GBPJPY at the market price with a target at 180.00 and a stop loss at 190.00. Source: xStation The material on this page … - [Palladium price today: Rare metals advance at the start of the European session](https://todaymarkets.ae/palladium-price-today-rare-metals-advance-at-the-start-of-the-european-session/): Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Monday, according to FXStreet data. Palladium (XPD) changes hands at $935.53 a troy ounce, with the XPD/USD pair advancing from its previous close at $918.14. In the meantime, Platinum (XPT) trades at $955.82 against the United States Dollar (USD) early in the European session, … - [XAG/USD slides below $32.00; downside potential seems limited](https://todaymarkets.ae/xag-usd-slides-below-32-00-downside-potential-seems-limited/): Silver (XAG/USD) attracts some sellers at the start of a new week and slides back below the $32.00 round-figure mark during the Asian session on Monday. The white metal, for now, seems to have snapped a three-day winning streak to over a one-week high touched on Friday, though the technical setup supports prospects for the emergence … - [GBP strengthens against US Dollar as consumer sentiment deteriorates](https://todaymarkets.ae/gbp-strengthens-against-us-dollar-as-consumer-sentiment-deteriorates/): The Pound Sterling (GBP) extends its winning streak for the fifth trading day against the US Dollar (USD) at the start of the week. The GBP/USD pair jumps to near 1.3150 in Monday’s European session and aims to reclaim the six-month high of 1.3207, reached on April 3, as investors have dumped the US Dollar on the … - [EUR/JPY moves sideways near 163.00, upside appears due to improved global risk mood](https://todaymarkets.ae/eur-jpy-moves-sideways-near-163-00-upside-appears-due-to-improved-global-risk-mood/): EUR/JPY experiences volatility during European hours on Monday, trading near the 163.00 mark. The Euro finds support as improved global risk sentiment boosts demand for risk-sensitive assets. This optimism followed US President Donald Trump’s announcement late Sunday of less severe tariffs on Chinese imports, including semiconductors and electronics. However, Trump clarified that previously speculated exemptions would not … - [USD/CHF climbs above 0.8150 after rebounding from lowest since September 2011](https://todaymarkets.ae/usd-chf-climbs-above-0-8150-after-rebounding-from-lowest-since-september-2011/): The USD/CHF pair edges higher in early Asian trading on Monday, hovering around the 0.8170 mark after recording losses in the past two consecutive sessions. Market participants are eyeing the release of Switzerland’s Producer and Import Prices for March, due later in the day. However, the upside of the USD/CHF pair could be restrained as the Swiss … - [Chart of The Day - USD/CNH](https://todaymarkets.ae/chart-of-the-day-usd-cnh-2/): The escalation of the trade war between China and the U.S. has motivated the People’s Bank of China (PBOC) to make an unprecedented move, raising the USDCNH reference rate above 7.20. Investors had viewed this level as a symbolic threshold for the stability of the Chinese currency. However, the latest plans to further support exports … - [Swiss PPI Slightly Below Expectations](https://todaymarkets.ae/swiss-ppi-slightly-below-expectations/): 06:30 AM GMT, Switzerland – Inflation Data for March: Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [EUR/GBP - Recommendation From Nomura](https://todaymarkets.ae/eur-gbp-recommendation-from-nomura/): Nomura has published a recommendation for the EURGBP currency pair. Nomura recommends taking a long position on the following conditions: Entry (market): 0.8689Target: 0.9000Stop: 0.8450 Nomura recommends taking a long position on EURGBP at the market price with a target at 0.9000 and a stop loss at 0.8450. Source: xStation5 The material on this page … - [Economic Calendar - Swiss PPI And RBA Minutes in Focus](https://todaymarkets.ae/economic-calendar-swiss-ppi-and-rba-minutes-in-focus/): Today’s economic calendar is exceptionally light, even for a Monday. We are just ahead of a release of the Swiss Producer Price Index for March, which will likely add some volatility to USDCHF, heavily pressured by the current haunt for safe haven currency in the face of the dollar’s credibility crisis. On top of that, we … - [Today Markets Market Update](https://todaymarkets.ae/today-markets-market-update-10/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAU/USD consolidates near all-time peak as bulls pause for breather](https://todaymarkets.ae/xau-usd-consolidates-near-all-time-peak-as-bulls-pause-for-breather/): Gold price (XAU/USD) enters a bullish consolidation phase and oscillates in a range around the $3,230 region, just below a fresh all-time peak touched during the Asian session on Monday. Bulls pause for a breather amid slightly overbought conditions on the daily chart, though the fundamental backdrop suggests that the path of least resistance for the bullion … - [NZD/USD advances to near 0.5850 following stronger-than-expected Chinese trade data](https://todaymarkets.ae/nzd-usd-advances-to-near-0-5850-following-stronger-than-expected-chinese-trade-data/): The NZD/USD pair continues its upward momentum for the fourth consecutive session, trading around 0.5840 during the Asian session on Monday. The New Zealand Dollar (NZD) gains traction as the US Dollar (USD) weakens following US President Donald Trump’s announcement late Sunday of less aggressive tariffs on Chinese imports, including semiconductors and electronics. Trump clarified … - [XAU/USD retreats further from all-time highs of $3,245](https://todaymarkets.ae/xau-usd-retreats-further-from-all-time-highs-of-3245/): Gold price is back in the red early Monday, snapping a three-day record rally to lifetime highs of $3,245 set on Friday.     Gold price corrects on improved risk sentiment Safe-haven flows appear to have eased in Asian trading on Monday as traders rejoice in Wall Street’s turnaround on Friday alongside some positive updates on the … - [GBP/USD holds steady near 1.3100, bulls have the upper hand amid bearish USD](https://todaymarkets.ae/gbp-usd-holds-steady-near-1-3100-bulls-have-the-upper-hand-amid-bearish-usd/): The GBP/USD pair edges higher at the start of a new week and trades just below the 1.3100 mark during the Asian session, well within striking distance of Friday’s swing high. Moreover, the bearish sentiment surrounding the US Dollar (USD) suggests that the path of least resistance for spot prices remains to the upside. The … - [EUR/USD remains subdued around 1.1350 after two days of gains](https://todaymarkets.ae/eur-usd-remains-subdued-around-1-1350-after-two-days-of-gains/): The EUR/USD pair edges lower during Asian trading hours on Monday, hovering around 1.1360 after posting gains in the previous two sessions. The pair appreciated due to weakening US Dollar (USD), which has come under pressure amid escalating trade tensions between the US and China—rekindling concerns of a global recession. China’s Ministry of Finance announced a sharp … - [China Customs: Exports are facing a complex, severe external situation, but 'the sky will not fall'](https://todaymarkets.ae/china-customs-exports-are-facing-a-complex-severe-external-situation-but-the-sky-will-not-fall/): The General Administration of Customs of the People’s Republic of China (China Customs) said on Monday, “at present, China’s exports are facing a complex and severe external situation, but “the sky will not fall”. “ Additional quotes China’s January-March Yuan-denominated exports +6.9% YoY.   Market reaction AUD/USD keeps its range near 0.6300, adding 0.15% on the … - [JPY remains on the front foot against USD amid heightened safe-haven demand](https://todaymarkets.ae/jpy-remains-on-the-front-foot-against-usd-amid-heightened-safe-haven-demand/): The Japanese Yen (JPY) sticks to its positive bias at the start of a new week and remains close to the highest level since late September 2024 touched against a broadly weaker US Dollar (USD) last Friday. Investors remain worried about the escalating US-China trade war and its impact on the global economy, which continues … - [USD/CAD falls toward 1.3850 due to potential US recession, persistent inflation](https://todaymarkets.ae/usd-cad-falls-toward-1-3850-due-to-potential-us-recession-persistent-inflation/): USD/CAD continues its losing streak for the fourth straight session, hovering around 1.3860 during Monday’s Asian trading hours. The decline is driven by a weakening US Dollar (USD), pressured by investor concerns over a potential recession and persistent inflation, prompting a shift away from United States’ (US) assets. The Greenback also faces additional headwinds from rising … - [WTI trades with negative bias just above mid-$60.00s amid mixed fundamental cues](https://todaymarkets.ae/wti-trades-with-negative-bias-just-above-mid-60-00s-amid-mixed-fundamental-cues/): West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on Friday’s modest gains and attract fresh sellers near the $61.60 area at the start of a new week. The commodity currently trades around the $60.70-$60.65 region, down over 0.50% for the day, though it lacks follow-through selling amid mixed fundamental cues. Investors remain worried that the … - [AUD holds gains following China’s trade balance data](https://todaymarkets.ae/aud-holds-gains-following-chinas-trade-balance-data/): The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Monday, supported by improved risk sentiment. The AUD/USD pair rose after US President Donald Trump announced less severe tariffs late Sunday on Chinese imports, including semiconductors and electronics. Clarifying earlier speculation about exemptions, Trump confirmed these goods would remain subject to the … - [Corn Rallied on Friday](https://todaymarkets.ae/corn-rallied-on-friday/): The corn market is rallying across most contracts on Friday, up 6 to 10 cents in most nearbys as we trade through midday. The front month CmdtyView national average Cash Corn price is up 6 cents at $4.61 3/4.  USDA’s monthly WASDE report from Thursday saw a 75 mbu cut to the US ending stocks figure at … - [Wheat Rallies on Friday](https://todaymarkets.ae/wheat-rallies-on-friday/): The wheat complex was rallying on Friday, with the three exchanges higher on the session. Chicago SRW futures were back up 16 to 18 cents in the front months, with the front month May rallying 26 ¾ cents. Kansas City HRW contracts were 10 to 11 cents higher on the session, as May climbed 10 ½ … - [Soybeans Shrugs Off Chinese Tariffs, Rallies into the Close](https://todaymarkets.ae/soybeans-shrugs-off-chinese-tariffs-rallies-into-the-close/): The soybean market posted strength on Friday, with contracts up 13 to 21 cents at the close. Front month May rallied 65 ¾ cents from last Friday, with new crop up 41 ¼ cents this week. CmdtyView’s national front month Cash Bean price was up 13 3/4 cents at $9.90 1/2. Soymeal futures were up $1.70 to 2.50/ton, with Soy … - [President Trump's memecoin leads crypto unlock with incoming supply pressure of over $320 million](https://todaymarkets.ae/president-trumps-memecoin-leads-crypto-unlock-with-incoming-supply-pressure-of-over-320-million/): Official Trump (TRUMP), launched by President Trump, will unlock over $320 million worth of its tokens to team members next week despite the dominant risk-off sentiment across the crypto market. Incoming TRUMP unlock could stretch its decline Team members of the TRUMP meme coin will receive $321.6 million of unlocked tokens next week, according to … - [Bitcoin and crypto market sees recovery as Fed official says agency ready to stabilize market if necessary](https://todaymarkets.ae/bitcoin-and-crypto-market-sees-recovery-as-fed-official-says-agency-ready-to-stabilize-market-if-necessary/): Bitcoin (BTC) rallied 5% on Friday, trading just below $84,000 following Susan Collins, head of the Boston Federal Reserve (Fed), hinting that the agency could stabilize markets with “various tools” if needed. Bitcoin and crypto reverse losses as Fed official hints at the agency’s intervention Collins stated in an interview with the Financial Times that … - [SOL, DOGE lead gains among majors as analyst eye next big move higher](https://todaymarkets.ae/sol-doge-lead-gains-among-majors-as-analyst-eye-next-big-move-higher/): What to know Bitcoin and broader crypto markets are gaining on Friday after sharply declining alongisde traditional markets Thursday. Solana’s SOL and dogecoin (DOGE) rose over 4% in the past 24 hours, leading gains among majors, with XRP (XRP), BNB Chain’s BNB, and Tron’s TRX up between 2%-3%. Ether (ETH) was down 2.4%, continuing a … - [CAD gains further ground as market flows continue to reverse](https://todaymarkets.ae/cad-gains-further-ground-as-market-flows-continue-to-reverse/): The Canadian Dollar (CAD) rose on Friday, jumping two-thirds of a percent against the US Dollar as global market flows continue to reverse out of the safe haven Greenback. Trade war pressures have been relieved somewhat after the Trump administration pivoted away from its own lopsided “reciprocal” tariffs following a last-minute 90-day delay, opting for … - [AUD/JPY Gains capped near key resistance as bearish backdrop persists](https://todaymarkets.ae/aud-jpy-gains-capped-near-key-resistance-as-bearish-backdrop-persists/): The AUD/JPY pair posted a mild advance on Friday’s session, moving toward the 90.30 zone after notching a gain of over 0.30%. Despite the intraday rise, the overall technical picture remains bearish, with the pair still struggling beneath several key resistance levels and longer-term moving averages. While price action approached the top of the daily … - [AUD extends recovery as USD slides toward multi-year lows](https://todaymarkets.ae/aud-extends-recovery-as-usd-slides-toward-multi-year-lows/): The Australian Dollar (AUD) is strengthening on Friday, with the pair moving near the 0.6280 zone during the American session. The bullish tone for the Aussie emerges as the US Dollar (USD) continues to weaken across the board, dragged by lower-than-expected economic data and growing investor concern over inflation and trade policy. While momentum is cautiously improving, … - [NZD/USD extends gains near 0.5800 zone but eyes 200-day SMA hurdle](https://todaymarkets.ae/nzd-usd-extends-gains-near-0-5800-zone-but-eyes-200-day-sma-hurdle/): The NZD/USD pair extended its advance on Friday’s session with the pair seen trading near the 0.5800 zone after a 1.39% daily rise. This move positioned price mid-range between the day’s low of 0.56282 and high of 0.57656, reinforcing a bullish short-term momentum shift. Still, the underlying trend is showing signs of strength, especially from … - [Mexican Peso ends week strong as USD plunges on China tariff retaliation](https://todaymarkets.ae/mexican-peso-ends-week-strong-as-usd-plunges-on-china-tariff-retaliation/): The Mexican Peso ends the week on a higher note as the Greenback weakens across the board. The China-US trade war escalated, with China retaliating against US President Trump’s latest tariffs announcement. The USD/MXN trades at 20.27, down 0.72%. The financial markets’ narrative remains around tariffs. China’s answer to US 145% was known early in … - [Banxico minutes signal more easing ahead as economy slows](https://todaymarkets.ae/banxico-minutes-signal-more-easing-ahead-as-economy-slows/): On Thursday, April 10, Banco de Mexico (Banxico) released its latest meeting minutes, in which all board members stated that the Mexican economy is slowing down amid an evolving disinflation process, which paves the way for further easing. Banxico’s meeting key quotes: Board estimates that looking ahead it could continue calibrating the monetary policy stance … - [Weak U.S. Macro Reports Fuel Uncertanity on Wall Street](https://todaymarkets.ae/weak-u-s-macro-reports-fuel-uncertanity-on-wall-street/): The U.S. stock market made several attempts today to rebound, although market conditions remain difficult and the outlook uncertain. While the PPI and University of Michigan (UoM) data came in negative for the indexes, they did not trigger a deep sell-off. However, buyers are also not strong enough to reverse the broader market sentiment. Among … - [USD/JPY drops to seven-month lows near 142.00](https://todaymarkets.ae/usd-jpy-drops-to-seven-month-lows-near-142-00/): Safe-haven inflows prop up the Japanese yen USD/JPY adds to the pessimism seen in the latter part of the week and recedes to the 142.00 region on Friday, an area last seen in late September. The continuation of the noticeable appreciation of the Japanese currency put the pair under extra downside pressure, always on the back … - [Blackrock With a New AUM Record But, Results Disappointed](https://todaymarkets.ae/blackrock-with-a-new-aum-record-but-results-disappointed/): BlackRock (BLK.US) reported its Q1 2025 results, which came in slightly below expectations. These results do not yet include the market panic that emerged after Trump’s “Liberation Day,” but they already reflect increased investor uncertainty, resulting in lower-than-expected net inflows. Nevertheless, the fund set another record in assets under management, reaching $11.58 trillion at the … - [U.S. PPI Report Much Lower Than Expected](https://todaymarkets.ae/u-s-ppi-report-much-lower-than-expected/): US PPI YoY (in March): 2.7% (Forecast 3.3%, Previous 3.2%) US  Core PPI YoY (in March): 3.3% (Forecast 3.6%, Previous 3.4%) Today, PPI data point to lower US producer prices and support the expectations that US trade war will rather affect domestic demand than inflation. US100 gains in first reaction to PPI data. Source: xStation5 … - [The VIX Gains 2.5% as uncertanity persists](https://todaymarkets.ae/the-vix-gains-2-5-as-uncertanity-persists/): Futures on the VIX volatility index are rising by just under 3% today; however, compared to yesterday’s highs above 40, the VIX has fallen by nearly 10%. The U.S. benchmark index, US500, “ignored” the news of retaliatory 125% tariffs from China, although demand for hedging remains elevated, with the VIX still trading well above 35 … - [European Stocks Mixed After a Hectic Week](https://todaymarkets.ae/european-stocks-mixed-after-a-hectic-week/): Overall market situation: Sentiment during the last trading session in Europe this week is mixed. The German DAX is currently losing 0.8%, while the British FTSE100 is adding 0.85%. Volatility remains high, which indicates that the pressure from the US-China trade war is still creating uncertain ground for future stock market behavior. For this reason, … - [Trade of The Day - Silver](https://todaymarkets.ae/trade-of-the-day-silver/): Facts: Recommendation: Opinion: Gold appears overvalued relative to silver, primarily due to heightened demand amid market uncertainty. This creates potential for the gold-to-silver ratio to revert toward its long-term average, suggesting silver could outperform gold in the near term. The take-profit level is set at the 78.6% Fibonacci retracement level, while the stop-loss is placed … - [China Imposes Additional Tariffs on U.S. Goods](https://todaymarkets.ae/china-imposes-additional-tariffs-on-u-s-goods/): The Minister of Finance of the People’s Republic of China announced that, starting April 12, a new, higher tariff rate on U.S. goods will take effect at 125% (previously 84%).This move followed Trump’s decision to raise U.S. tariffs on China. The US100 briefly dropped on the news, but the move isn’t very significant, taking into … - [Earnings Calendar - U.S. Banks Set The Tone](https://todaymarkets.ae/earnings-calendar-u-s-banks-set-the-tone/): Q1 earnings season has kicked off in the US, amidst the tariff drama. Tariffs loom large over this earnings season, even if most reciprocal tariffs are on pause. The question for investors is whether the disruption caused by tariffs on China and elsewhere, even if they are delayed, will lead to profit destruction for companies. … - [Chart of The Day - XAU/USD](https://todaymarkets.ae/chart-of-the-day-xau-usd/): Gold prices surged to new record highs on Friday, with spot gold jumping more than 1% to $3,207.20 an ounce as escalating US-China trade tensions drive investors toward safe-haven assets. Trade War Fuels Record Rally The precious metal has seen stellar gains this week as President Trump imposed 145% tariffs on Chinese goods, while China … - [US Dollar Index Hovers near descending channel’s lower boundary at 100.50](https://todaymarkets.ae/us-dollar-index-hovers-near-descending-channels-lower-boundary-at-100-50/): The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, continues its decline for the second consecutive session, hovering around 100.40 during Friday’s Asian trading hours. The technical analysis of the daily chart suggests a sustained bearish trend, with the index testing the lower boundary of a prevailing … - [UK GDP rebounds 0.5% MoM in February vs. 0.1% expected](https://todaymarkets.ae/uk-gdp-rebounds-0-5-mom-in-february-vs-0-1-expected/): The UK economy expanded in February, with the Gross Domestic Product (GDP) rebounding 0.5% after recording no growth in January, the latest data published by the Office for National Statistics (ONS) showed on Friday. The market forecast was for a 0.1% growth in the reported period. - [Economic Calendar - UK GDP, EU Inflation And U.S. PPI in Focus](https://todaymarkets.ae/economic-calendar-uk-gdp-eu-inflation-and-u-s-ppi-in-focus/): Today’s economic calendar features UK GDP data, European inflation readings, and US producer price figures. Markets will be watching these indicators closely for signs of economic health amid the escalating US-China trade tensions, with ECB President Lagarde and Fed’s Williams scheduled to speak, potentially offering insights on monetary policy direction. Key Economic Data (BST) 07:00 … - [Let's Catch up, Market Update](https://todaymarkets.ae/lets-catch-up-market-update-2/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [US crypto miners may rush to buy rigs in tariff pause despite ‘clear disadvantage’](https://todaymarkets.ae/us-crypto-miners-may-rush-to-buy-rigs-in-tariff-pause-despite-clear-disadvantage/): S Bitcoin mining firms will try to capitalize on the Trump administration’s recent tariff pause by stocking up on mining rigs, but the baseline 10% tariffs will still leave the industry at a disadvantage, industry executives say. President Donald Trump paused his administration’s hefty reciprocal tariffs until July 8, but kept a minimum 10% tariff … - [Bitcoin, Ethereum, Ripple: BTC and ETH show weakness while XRP stabilizes](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-and-eth-show-weakness-while-xrp-stabilizes/): Bitcoin (BTC) and Ethereum (ETH) prices are hovering around $80,000 and $1,500 on Friday after facing rejection from their respective key levels, indicating signs of weakness. Meanwhile, Ripple (XRP) broke and found support around its critical level; maintenance suggests a recovery on the cards. Bitcoin price action remains indecisive: Dead cat bounce or trendline breakout?  … - [NZD/USD holds positive ground above 0.5750 amid US-China trade war worries](https://todaymarkets.ae/nzd-usd-holds-positive-ground-above-0-5750-amid-us-china-trade-war-worries/): The NZD/USD pair holds positive ground near 0.5770 after reaching the daily high of 0.5800 during the Asian trading hours on Friday. The uptick of the pair is bolstered by broad US Dollar (USD) weakness amid persistent economic concerns due to escalating tariff tensions. On Wednesday, Trump reversed course as he announced a 90-day pause on … - [XAG/USD maintains position near $31.50 due to rising trade tensions](https://todaymarkets.ae/xag-usd-maintains-position-near-31-50-due-to-rising-trade-tensions/): Silver (XAG/USD) continues its winning streak for the third straight session, trading around $31.30 during Friday’s Asian session. The precious metal is gaining traction as the US Dollar weakens, with the US Dollar Index (DXY) dipping to around 100.20 at the time of writing. Investor demand for safe-haven assets like Silver is also being fueled by escalating US-China … - [Cotton Sliped Lower on Thursday, as USDA’s Stocks Estimate Rises](https://todaymarkets.ae/cotton-sliped-lower-on-thursday-as-usdas-stocks-estimate-rises/): Cotton futures closed with losses of 16 to 31 points across most contracts on Thursday. Crude oil futures fell back lower on Thursday, down $2.06/barrel. The US dollar index was falling, with losses of $1.888 so far on the day to $100.735. USDA reported a 100,000 bale increase to the US ending stocks estimate to … - [Sugar Prices Post Moderate Gains as Trade War Fears Ease](https://todaymarkets.ae/sugar-prices-post-moderate-gains-as-trade-war-fears-ease/): May NY world sugar #11 (SBK25) Thursday closed up +0.21 (+1.17%), and May London ICE white sugar #5 (SWK25) closed up +10.60 (+2.07%). Sugar prices posted moderate gains on Thursday after President Trump paused reciprocal tariffs on 56 countries for 90 days on Wednesday, easing global trade war fears and sparking short covering in sugar. … - [NY Cocoa Prices Fall Sharply on Signs of Weak Demand](https://todaymarkets.ae/ny-cocoa-prices-fall-sharply-on-signs-of-weak-demand/): May ICE NY cocoa (CCK25) Thursday closed down -359 (-4.25%), and May ICE London cocoa #7 (CAK25) closed down -110 (-1.80%). Cocoa prices Thursday gave up an early advance and fell sharply on cocoa demand concerns after Barry Callebaut AG, one of the world’s biggest chocolate makers, cut its sales guidance for the year in … - [Coffee Prices Settle Higher as Demand Concerns Ease](https://todaymarkets.ae/coffee-prices-settle-higher-as-demand-concerns-ease/): May arabica coffee (KCK25) Thursday closed up +1.15 (+0.34%), and May ICE robusta coffee (RMK25) closed up +64 (+1.31%). Coffee prices Thursday settled mildly higher after President Trump paused his reciprocal tariffs on Wednesday, easing concerns about the global economy and commodity demand.  Continued supply fears are also supporting coffee prices.  Cecafe reported Wednesday that … - [Soybeans Extend Rebound on Thursday](https://todaymarkets.ae/soybeans-extend-rebound-on-thursday/): The soybean market posted Thursday gains of 7 to 17 cents across most contracts at the close, following the USDA data release. CmdtyView’s national front month Cash Bean price was up 17 cents at $9.76 3/4. Soymeal futures were up $2.10to $3.50/ton, with Soy Oil futures closing 4 to 13 points higher. USDA reported 2024/25 soybean sales at 172,324 MT in … - [Wheat Falls as USDA Raises Stocks Estimate](https://todaymarkets.ae/wheat-falls-as-usda-raises-stocks-estimate/): The wheat complex gave into the bears on Thursday, falling lower across the three exchanges, as the USDA was a little more bearish this morning. Chicago SRW futures were back down 2 to 5 cents in the front months. Kansas City HRW contracts were 7 to 10 cents lower on the session. MPLS spring wheat was … - [Corn Short Term Trend Turns Positive, New 504.75 Target](https://todaymarkets.ae/corn-short-term-trend-turns-positive-new-504-75-target/): Corn (ZCK25)  The chart is key to this analysis. Back on 10/17/24 the market hit 78.6% at 423.00, following the ONE44 78.6% rule we know this is where a lot of Bull runs start. The rally from there eventually hit 61.8% back to the contract high at 512.00. Following the ONE44 61.8% rule, we know … - [WTI falls below $59.50 due to escalating US-China tensions, OPEC+ supply boost](https://todaymarkets.ae/wti-falls-below-59-50-due-to-escalating-us-china-tensions-opec-supply-boost/): West Texas Intermediate (WTI) crude oil price fell for a second straight session, trading around $59.30 per barrel during Asian hours on Friday. The decline comes amid rising US-China trade tensions, which are clouding the demand outlook. On Thursday, the US announced that tariffs on Chinese imports had surged to 145%, with a new 125% levy … - [XAU/USD surges to record high above $3,200 on US-China tariff war](https://todaymarkets.ae/xau-usd-surges-to-record-high-above-3200-on-us-china-tariff-war/): The Gold price (XAU/USD) holds positive ground around $3,215 after hitting an all-time high of $3,219 during the Asian trading hours on Friday. The weakening of the US Dollar (USD) and escalating trade war between the United States (US) and China provides some support to the precious metal, a traditional safe haven asset. Data released by the … - [EUR/USD appreciates to near 1.1350 as the EU suspends tariffs on US imports](https://todaymarkets.ae/eur-usd-appreciates-to-near-1-1350-as-the-eu-suspends-tariffs-on-us-imports/): EUR/USD extends its gains for the second successive day, trading near 1.1350 during Friday’s Asian session. The Euro (EUR) strengthened after the European Union (EU) announced a 90-day pause on new 25% tariffs on the United States (US), aiming to create space for trade negotiations. A sudden policy reversal by the White House on Wednesday now … - [USD/CAD extends downside below 1.3950 on weaker US Dollar](https://todaymarkets.ae/usd-cad-extends-downside-below-1-3950-on-weaker-us-dollar/): The USD/CAD pair extends the decline to around 1.3920 during the early Asian session on Friday. The US Dollar (USD) weakens against the Loonie amid persistent concerns over the global and US economies. Traders brace for the US March Producer Price Index (PPI) and the advanced Michigan Consumer Sentiment, which is due later on Friday.  US President … - [GBP/USD rises to near 1.3050 as US Dollar remains tepid ahead of PPI data](https://todaymarkets.ae/gbp-usd-rises-to-near-1-3050-as-us-dollar-remains-tepid-ahead-of-ppi-data/): GBP/USD is on track for its fourth consecutive daily gain, trading near 1.3030 during Friday’s Asian session. The pair continues to strengthen as the US Dollar loses ground amid lingering concerns over both the global and US economies. The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, has slipped to around … - [USD/JPY recovers losses to near 143.50 amid tariff worries](https://todaymarkets.ae/usd-jpy-recovers-losses-to-near-143-50-amid-tariff-worries/): The USD/JPY pair holds losses near 143.55 during the Asian trading hours on Friday, pressured by the weaker US Dollar (USD). The uncertainty surrounding the tariff policy and the concerns over the global economic slowdown boosts encouraged investors to safe-haven currency like the Japanese Yen (JPY).  US President Donald Trump said on Wednesday he would temporarily lower duties … - [USD/INR weakens amid escalating trade war tensions](https://todaymarkets.ae/usd-inr-weakens-amid-escalating-trade-war-tensions/): The Indian Rupee (INR) strengthens on Friday. US President Donald Trump’s move to temporarily lower tariffs on many countries provides some support to the local currency. Additionally, a decline in crude oil prices contributes to the INR’s upside as India is the world’s third-largest oil consumer, and lower crude oil prices tend to have a positive impact … - [AUD holds gains as US Dollar struggles due to domestic economic outlook](https://todaymarkets.ae/aud-holds-gains-as-us-dollar-struggles-due-to-domestic-economic-outlook/): The Australian Dollar (AUD) extends its gains for the third successive session against the US Dollar (USD) on Friday. However, the upside of the AUD/USD pair could be restrained as the White House confirmed that the cumulative US tariffs on Chinese goods have risen to 145%. The announcement heightened tensions in the ongoing trade dispute between the … - [Corn Rallying on Large Cut to US Stocks](https://todaymarkets.ae/corn-rallying-on-large-cut-to-us-stocks/): Corn futures are continuing rally on Thursday, as contracts are getting some support from a reduction to the US carryout number. Futures are up 2 to 6 cents at midday. The front month CmdtyView national average Cash Corn price is up 5 3/4 cent at $4.51 1/4.  Export Sales data showed 785,583 MT of corn sold in … - [Wheat Leaking Lower as USDA Boosts US Carryout](https://todaymarkets.ae/wheat-leaking-lower-as-usda-boosts-us-carryout/): The wheat complex is falling lower across the three exchanges on Thursday, as the USDA was a little more bearish on the wheat side of their data this morning. Chicago SRW futures are back down 3 to 5 cents in the front months at midday. Kansas City HRW contracts are 5 to 8 cents lower so … - [Soybeans Extending Gains on Thursday](https://todaymarkets.ae/soybeans-extending-gains-on-thursday/): Soybeans are holding onto the Thursday gains, as contracts are up 6 to 12 cents so far at midday. CmdtyView’s national front month Cash Bean price is up 11 cents at $9.70 3/4. Soymeal futures are up $1.30/ton, with Soy Oil futures 9 points lower. USDA reported 2024/25 soybean sales at 172,324 MT in the week ending on April 3, coming … - [Cotton Pulling Back as USDA Cuts Export Projection](https://todaymarkets.ae/cotton-pulling-back-as-usda-cuts-export-projection/): Cotton futures are down 21 to 39 points across most nearby contracts on Thursday. Crude oil futures are leaking back lower at midday, down $3.26/barrel. The US dollar index was is falling $1.903 so far on the day to 100.72. USDA reported a 100,000 bale increase to the US ending stocks estimate to 5 million … - [Easing Trade War Fears Spark Short Covering in Sugar Futures](https://todaymarkets.ae/easing-trade-war-fears-spark-short-covering-in-sugar-futures/): May NY world sugar #11 (SBK25) today is up +0.28 (+1.56%), and May London ICE white sugar #5 (SWK25) is up +10.90 (+2.12%). Sugar prices are moving higher today after President Trump paused reciprocal tariffs on 56 countries for 90 days on Wednesday, easing global trade war fears and sparking short covering in sugar.   … - [Demand Concerns Slam Cocoa Prices](https://todaymarkets.ae/demand-concerns-slam-cocoa-prices/): May ICE NY cocoa (CCK25) today is down -310 (-3.78%), and May ICE London cocoa #7 (CAK25) is down -86 (-1.41%). Cocoa prices today gave up an early advance and posted moderate losses on cocoa demand concerns after Barry Callebaut AG, one of the world’s biggest chocolate makers, cut its sales guidance for the year … - [Supply Concerns Lift Coffee Prices](https://todaymarkets.ae/supply-concerns-lift-coffee-prices/): May arabica coffee (KCK25) today is up +1.50 (+0.44%), and May ICE robusta coffee (RMK25) is up +153 (+3.14%). Coffee prices are climbing today after President Trump paused his reciprocal tariffs on Wednesday, easing concerns about the global economy and commodity demand.  Continued supply fears are also supporting coffee prices.  Cecafe reported Wednesday that Brazil’s … - [XAU/USD reaches records amid escalating US-China trade war](https://todaymarkets.ae/xau-usd-reaches-records-amid-escalating-us-china-trade-war/): The bright metal soared on Thursday, hitting a fresh all-time high of $3,175.00 a troy ounce during American trading hours. The US Dollar (USD) plummeted on headlines indicating the trade war unleashed by US President Donald Trump is far from over. Trump announced massive retaliatory tariffs last week, only to pause most of them on … - [House Republicans Narrowly Approve Trump's Budget Blueprint](https://todaymarkets.ae/house-republicans-narrowly-approve-trumps-budget-blueprint/): House Republicans narrowly passed President Trump’s budget blueprint with a 216-214 vote on Thursday, marking a significant win for his legislative agenda after he paused some tariffs a day earlier. The vote unlocks a fast-track procedure for legislation that would extend expiring tax cuts, implement additional tax reductions, and increase border security and defense spending. While Republicans … - [EUR/USD Price Analysis: Euro surges near 2025 highs as bullish structure strengthens](https://todaymarkets.ae/eur-usd-price-analysis-euro-surges-near-2025-highs-as-bullish-structure-strengthens/): The EUR/USD pair extended its rally on Thursday’s session after the European close, pushing toward the 1.1200 area and posting one of its strongest daily gains in recent months. The move, which places the Euro near the upper boundary of its intraday range between 1.09426 and 1.1220, underscores the pair’s bullish momentum as it tests fresh 2025 … - [Tariff's on China Rise to 145%](https://todaymarkets.ae/tariffs-on-china-rise-to-145/): White House officials told CNBC today that the total value of tariffs imposed on China has now increased to 145%. This figure includes: As a result, economic tensions between China and the U.S. are deepening, which could impact the U.S. economic situation. Although the situation doesn’t appear as severe as it did last week—when Trump … - [U.S. Steel Shares Tumble as Trump Reaffirms Opposition to Nippon Deal](https://todaymarkets.ae/u-s-steel-shares-tumble-as-trump-reaffirms-opposition-to-nippon-deal/): U.S. Steel shares plunged 7.9% after President Trump reiterated his opposition to the company’s acquisition by Japan’s Nippon Steel, despite earlier authorizing a new national security review that had temporarily boosted investor optimism. “We love Japan, but U.S. Steel is a very special company,” President Trump stated Wednesday from the Oval Office. “We don’t want it … - [NATGAS Drops After EIA Report](https://todaymarkets.ae/natgas-drops-after-eia-report/): EIA Natural Gas Change BCF Actual 57B (Forecast 55B, Previous 29B) NATGAS experienced slight drop after EIA data release. Source: xStation The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market … - [Cotton Rounds Out the Week with Strength](https://todaymarkets.ae/cotton-rounds-out-the-week-with-strength/): Cotton futures posted gains of 53 to 76 points on Thursday to round out the week with May up 43 points this week. Crude oil futures were up $2.10/barrel on the day, with the US dollar index back up $0.037 to $99.180. The markets will be closed on Friday in observance of Good Friday. USDA’s Export … - [Sugar Prices Post Moderate Gains on Reduced Sugar Output in India](https://todaymarkets.ae/sugar-prices-post-moderate-gains-on-reduced-sugar-output-in-india/): May NY world sugar #11 (SBK25) on Thursday closed up +0.07 (+0.39%), and August London ICE white sugar #5 (SWQ25) closed up +1.60 (+0.32%). On Thursday’s news of reduced sugar output in India, sugar prices posted moderate gains.  The Indian Sugar and Bio-Energy Manufacturers Association (ISMA) reported today that India’s sugar production from Oct 1-Apr … - [Strength in Global Demand Pushes Cocoa Prices Sharply Higher](https://todaymarkets.ae/strength-in-global-demand-pushes-cocoa-prices-sharply-higher-2/): May ICE NY cocoa (CCK25) Thursday closed up +269 (+3.32%), and May ICE London cocoa #7 (CAK25) closed up +241 (+4.13%). Cocoa prices on Thursday posted sharp gains on signs of better-than-expected global cocoa demand.  Q1 European cocoa grindings fell -3.7% y/y to 353,522 MT, a smaller decline than expectations for a -5% y/y drop. … - [Strength in Global Demand Pushes Cocoa Prices Sharply Higher](https://todaymarkets.ae/strength-in-global-demand-pushes-cocoa-prices-sharply-higher/): May ICE NY cocoa (CCK25) Thursday closed up +269 (+3.32%), and May ICE London cocoa #7 (CAK25) closed up +241 (+4.13%). Cocoa prices on Thursday posted sharp gains on signs of better-than-expected global cocoa demand.  Q1 European cocoa grindings fell -3.7% y/y to 353,522 MT, a smaller decline than expectations for a -5% y/y drop. … - [EUR/USD Gathers strength above 1.1350, bullish bias remains](https://todaymarkets.ae/eur-usd-gathers-strength-above-1-1350-bullish-bias-remains/): The EUR/USD pair strengthens to around 1.1370 during the early European trading hours on Friday. Hopes for a trade deal between the United States (US) and the European Union (EU) provide some support to the Euro (EUR). Trading volume is likely to be lightened on Good Friday. Technically, the positive outlook of the EUR/USD pair remains in play as the price … - [Mexican Peso surges as Trump-Sheinbaum call eases trade tensions](https://todaymarkets.ae/mexican-peso-surges-as-trump-sheinbaum-call-eases-trade-tensions/): The Mexican Peso rallied against the US Dollar on Thursday after US President Donald Trump and Mexican President Claudia Sheinbaum held a phone call that both said was “very productive.” This and a weaker Greenback sent the USD/MXN drifting lower, exchanging hands at 19.69, down 1.14%. Trading in Mexico is closed in observance of Easter holidays. Although … - [EUR/USD gathers strength above 1.1350, ECB cuts interest rates by 25 bps](https://todaymarkets.ae/eur-usd-gathers-strength-above-1-1350-ecb-cuts-interest-rates-by-25-bps/): The EUR/USD pair attracts some buyers to near 1.1370 during the early Asian session on Friday. The concerns over the economic impact of tariffs continue to drag the US Dollar (USD) lower against the Euro (EUR). Traders will closely monitor the developments surrounding US trade talks. Trading volume is likely to be lightened on Good Friday. The … - [USD/JPY weakens below 142.50 as Japanese CPI came in at 3.6% YoY in March](https://todaymarkets.ae/usd-jpy-weakens-below-142-50-as-japanese-cpi-came-in-at-3-6-yoy-in-march/): The USD/JPY pair softens to near 142.25 in a thin trading volume session on Friday. The US Dollar (USD) edges lower against the Japanese Yen (JPY) amid concerns over the economic impact of tariffs.  Data released by the Japan Statistics Bureau on Friday showed that the National Consumer Price Index (CPI) rose by 3.6% YoY in March, compared to … - [GBP/USD hovers near six-month highs, 1.3300, eyes on US-UK trade discussions](https://todaymarkets.ae/gbp-usd-hovers-near-six-month-highs-1-3300-eyes-on-us-uk-trade-discussions/): GBP/USD continues its upward momentum from April 8, trading near 1.3280 during Friday’s Asian session. The pair is buoyed by a weakening US Dollar (USD), as concerns grow over the economic impact of tariffs on the United States. While market participants monitor developments in US trade talks, trading activity is expected to remain light due to the … - [NZD/USD remains below five-month highs near 0.6000 due to trade policy focus](https://todaymarkets.ae/nzd-usd-remains-below-five-month-highs-near-0-6000-due-to-trade-policy-focus/): NZD/USD is trading subdued around 0.5970 during Friday’s Asian session, holding near Thursday’s five-month high of 0.5979 after seven consecutive days of gains. The pair could see further upside as the US Dollar (USD) weakens amid rising concerns over the economic fallout from US tariffs. However, trading volumes are likely to remain thin due to the Good … - [USD/CAD moves above 1.3850, upside seems restrained due to improved Oil prices](https://todaymarkets.ae/usd-cad-moves-above-1-3850-upside-seems-restrained-due-to-improved-oil-prices/): USD/CAD halts its two days of losses, trading around 1.3860 during the Asian hours. However, market activity is expected to remain subdued due to the Good Friday holiday. The US Dollar found support from hawkish comments by Federal Reserve Chair Jerome Powell, who warned that persistent inflation and a slowing economy could threaten the Fed’s dual mandate, raising … - [Gold price loses momentum on profit-taking](https://todaymarkets.ae/gold-price-loses-momentum-on-profit-taking/): The Gold price (XAU/USD) holds steady on Friday after retreating from an all-time high of $3,358 as investors book profits during a long Easter weekend. Significant uncertainty over US President Donald Trump’s tariffs on imports into the US and ongoing geopolitical tensions could underpin the Gold price, which is known as a safe haven asset. On the … - [WTI drifts higher to near $63.50 on trade deal hopes, fresh Iran sanctions](https://todaymarkets.ae/wti-drifts-higher-to-near-63-50-on-trade-deal-hopes-fresh-iran-sanctions/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.50 during the Asian session on Friday. The WTI price edges higher to a two-week high amid hopes for a trade deal between the United States and the European Union and fresh US sanctions on Iran. Trading volume is likely to be lightened on Good Friday. US President … - [Australian Dollar holds losses as trading remains silent on Good Friday](https://todaymarkets.ae/australian-dollar-holds-losses-as-trading-remains-silent-on-good-friday/): The Australian Dollar (AUD) remains subdued on Friday following a seven-day winning streak. However, the AUD/USD pair may regain its ground as the US Dollar (USD) weakens amid growing concerns over the economic impact of tariffs on the United States (US). Market participants are closely monitoring developments in US trade negotiations, although trading activity is expected to be subdued … - [Trade of The Day - GBP/JPY](https://todaymarkets.ae/trade-of-the-day-gbp-jpy-3/): Facts:The price broke below the support at 188.32GBPJPY sits below 100-period moving average from H1 intervalHead and shoulders pattern can be spotted on the M15 chart Recommendation: Trade: Short GBPJPY at market priceTarget: 187.63, 187.32Stop Loss: 188.77 Opinion: Looking at the GBPJPY chart, we can see that the head and shoulders pattern appeared on the M … - [EUR/USD declines as ECB cuts interest rates, guides grim outlook](https://todaymarkets.ae/eur-usd-declines-as-ecb-cuts-interest-rates-guides-grim-outlook/): EUR/USD faces selling pressure and declines to near 1.1340 during North American trading hours on Thursday. The major currency pair slides as the European Central Bank (ECB) has cut its key borrowing rates by 25 basis points (bps), as expected, pushing the Deposit Facility Rate and the Main Refinancing Operations Rate lower to 2.25% and … - [Gold corrects from new all-time highs as US makes progress in trade talks](https://todaymarkets.ae/gold-corrects-from-new-all-time-highs-as-us-makes-progress-in-trade-talks/): Gold price (XAU/USD) corrects to near $3,290 in Thursday’s North American session after hitting a fresh all-time high of $3,358 earlier in the day. The precious metal faces some profit-booking as meaningful progress in trade negotiations by the United States (US) with Japan and Mexico has offered some relief on fears of potential global economic turmoil. However, … - [A Mixed Open For U.S. Markets](https://todaymarkets.ae/a-mixed-open-for-u-s-markets/): The American stock market opens in mixed moods. Uncertainty in the market persists, and that doesn’t sit well with the markets. Reports from more U.S. companies point to an uncertain future, and forecasts include strongly conservative outlooks. At the time of publication, futures on major U.S. indices slightly reduce gains from earlier in the day. … - [Eli Lilly announced breakthrough results for its experimental weight-loss pill orforglipron](https://todaymarkets.ae/eli-lilly-announced-breakthrough-results-for-its-experimental-weight-loss-pill-orforglipron/): Eli Lilly announced breakthrough results for its experimental weight-loss pill orforglipron, which demonstrated effectiveness comparable to injectable treatments in a recent clinical trial. Shares surged following the news, positioning Lilly to potentially dominate the rapidly expanding obesity medication market. Patients in the 40-week trial lost approximately 16 pounds (7.9% of body weight) while taking orforglipron, outperforming the … - [EUR/USD Moves Lower on Fed Williams Comments on no Rate Cuts](https://todaymarkets.ae/eur-usd-moves-lower-on-fed-williams-comments-on-no-rate-cuts/): Federal Reserve’s John Williams said there’s no need to change interest rates any time soon, as current monetary policy is well positioned. He expects tariffs to push inflation higher this year while slowing growth, and sees GDP below 1% with unemployment rising to 4.5–5%. Despite market expectations of a rate cut, he noted there’s little … - [Stock of The Week - ASML](https://todaymarkets.ae/stock-of-the-week-asml/): ASML Holding (ASML.NL) shares faced significant pressure following its first-quarter earnings report, as the world’s dominant lithography equipment supplier navigates increasing uncertainty from U.S. tariff policies. The company’s quarterly bookings of €3.94 billion fell well short of analyst expectations of €4.82 billion, highlighting concerns about future demand amid growing trade tensions between the U.S. and … - [EUR/USD Undecided After U.S. Macro Data](https://todaymarkets.ae/eur-usd-undecided-after-u-s-macro-data/): 12:30 PM GMT, United States – Philadelphia Fed Report for April: 12:30 PM GMT, United States – Employment Data: 12:30 PM GMT, United States – Housing Starts for March: 12:30 PM GMT, United States – Building Permits for March: US market data is mixed. The job market remains strong, as confirmed by low weekly jobless claims. However, business concerns about the impact of Trump’s trade policy on the US economy … - [ECB Cuts Rates by 25bp](https://todaymarkets.ae/ecb-cuts-rates-by-25bp/): ECB Main Refinancing Rate: ECB Deposit Rate: ECB cut rates in line with market expectations. We see a small decline on EURUSD chart. The currency pair tests key support around 1.1346. Now the market is waiting for the conference after the decision, which will provide further details about ECB monetary policy in the nearest future … - [The Dow Down 1.3% Pressured by The 20% Crash of United Health Group Shares in Pre-Market](https://todaymarkets.ae/the-dow-down-1-3-pressured-by-the-20-crash-of-united-health-group-shares-in-pre-market/): Futures on the Dow Jones Industrial Average (US30) are down nearly 1.3% after one of the index’s largest constituents and the biggest health insurer in the U.S., UnitedHealth Group (UNH.US), saw its shares tumble almost 20% in pre-market trading. Disappointing guidance overshadows earnings In Q1 2025, UnitedHealth reported revenue of $109.6 billion, up $9.8 billion year-over-year … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-8/): The EURUSD has once again moderated its upward trend after a recent rally, as markets await today’s interest rate decision from the European Central Bank. A rate cut is widely expected, and the broader economic environment points toward further monetary easing. Still, there are no clear signs of a correction on the horizon, and the potential … - [Economic Calendar - All Eyes on The European Central Bank](https://todaymarkets.ae/economic-calendar-all-eyes-on-the-european-central-bank/): On Thursday, macroeconomics comes back into the limelight. After the unexpectedly high drop in energy prices in Germany, the session in Europe will be all about the European Central Bank’s policy decision, expected to lower all key interest rates by 25 bp. Investors will closely watch the ECB President’s press conference in the search of new … - [German PPI Goes Negative Unexpectedly](https://todaymarkets.ae/german-ppi-goes-negative-unexpectedly/): 06:00 AM GMT, Germany – Inflation Data for March: The lower-than-expected PPI reading was due to a significant drop in energy prices. With energy excluded, PPI would be up 1.4% MoM and 0.2% YoY. The biggest price increases were seen in capital goods (+1,9% MoM), machinery costs (+2%) and food (+2,9%). Nevertheless lower energy prices is a key “good … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XRP chart signals 27% jump after SEC-Ripple appeals pause and $50 million settlement ](https://todaymarkets.ae/xrp-chart-signals-27-jump-after-sec-ripple-appeals-pause-and-50-million-settlement/): Ripple (XRP) stabilised above $2.00, exemplifying a similar pattern to the largest cryptocurrency by market capitalisation, Bitcoin (BTC), which holds firmly above $84,000 at the time of writing on Thursday. The longstanding case between the Securities and Exchange Commission (SEC) and Ripple Labs is expected to drag on after a United States (US) appellate court granted a joint motion … - [AI takes nearly 60% of global venture capital Dollars in Q1: Pitchbook](https://todaymarkets.ae/ai-takes-nearly-60-of-global-venture-capital-dollars-in-q1-pitchbook/): Artificial intelligence startups received the lion’s share of venture capital investments across the globe in the first quarter of 2025, according to new data from Pitchbook. “Investors still have an AI FOMO [fear of missing out] problem,” the research firm said in an April 17 report, which revealed that 57.9% of global venture capital dollars … - [NZD/USD Extends rejection slide from 50% Fibo.; drops to 0.5900 neighbourhood](https://todaymarkets.ae/nzd-usd-extends-rejection-slide-from-50-fibo-drops-to-0-5900-neighbourhood/): The NZD/USD pair retreats from the vicinity of mid-0.5900s, or a fresh year-to-date high touched during the Asian session this Thursday, in reaction to stronger-than-expected consumer inflation figures from New Zealand. Spot prices drop to the 0.5900 neighbourhood in the last hour and for now, seem to have snapped a six-day winning streak amid a … - [XAG/USD moves below $32.50 due to easing trade concerns](https://todaymarkets.ae/xag-usd-moves-below-32-50-due-to-easing-trade-concerns/): Silver (XAG/USD) is trading around $32.30 per troy ounce during Thursday’s Asian session, paring some of its gains from the previous day. The precious metal is under pressure as global risk sentiment improves following US President Donald Trump’s announcement of exemptions for key technology products from newly proposed “reciprocal” tariffs. The exemptions, which cover smartphones, computers, … - [XAU bulls pause for a breather after the recent run up to a fresh record high](https://todaymarkets.ae/xau-bulls-pause-for-a-breather-after-the-recent-run-up-to-a-fresh-record-high/): Gold price (XAU/USD) consolidates the previous day’s blowout rally and oscillates in a range near the all-time high touched during the Asian session on Thursday amid mixed fundamental cues. The upbeat US Retail Sales data and Federal Reserve (Fed) Chair Jerome Powell’s hawkish comments on Wednesday assist the US Dollar (USD) to gain some positive traction. This, along with … - [WTI holds gains near $62.50 due to concerns over tighter global supply](https://todaymarkets.ae/wti-holds-gains-near-62-50-due-to-concerns-over-tighter-global-supply/): West Texas Intermediate (WTI) crude Oil price extends its gains for a second consecutive day, trading around $62.40 per barrel during Asian hours on Thursday. The rally is fuelled by concerns over tighter global supply following new US sanctions on Iran. On Wednesday, the Trump administration announced fresh sanctions targeting Iran’s Oil exports, including measures against … - [GBP/USD trades below 1.3250 after retreating from six-month highs](https://todaymarkets.ae/gbp-usd-trades-below-1-3250-after-retreating-from-six-month-highs/): GBP/USD snaps its seven-day winning streak, easing to around 1.3230 during Thursday’s Asian session after retreating from a six-month high of 1.3292 reached on Wednesday. Traders now await key US data releases later in the day, including Building Permits, Housing Starts, the Philly Fed Manufacturing Index, and weekly Initial Jobless Claims. The US Dollar Index (DXY) is trading … - [EUR/USD Softens to near 1.1350, over bought RSI condition eyed](https://todaymarkets.ae/eur-usd-softens-to-near-1-1350-over-bought-rsi-condition-eyed/): The EUR/USD pair attracts some sellers to around 1.1365 during the early European session on Thursday. Traders might prefer to wait on the sidelines ahead of the European Central Bank (ECB) interest rate decision later on Thursday. The ECB is widely anticipated to cut its key interest rate by 25 basis points (bps) at its April meeting, … - [USD/CHF holds gains near 0.8150, hovers near multi-year lows due to safe-haven demand](https://todaymarkets.ae/usd-chf-holds-gains-near-0-8150-hovers-near-multi-year-lows-due-to-safe-haven-demand/): The USD/CHF pair is attempting to recover from recent losses registered in the previous session, trading around 0.8160 during Thursday’s Asian hours. However, it remains close to the 0.8099 mark—its lowest level since September 2011, touched on April 11. The US Dollar (USD) continues to face headwinds as investor uncertainty persists due to the unpredictable nature of … - [AUD moves little following mixed employment figures](https://todaymarkets.ae/aud-moves-little-following-mixed-employment-figures/): The Australian Dollar (AUD) is trading lower against the US Dollar (USD), snapping a six-day winning streak. The AUD/USD pair remains under pressure following the release of Australia’s employment data on Thursday, which showed the Unemployment Rate rising to 4.1% in March, slightly below the market forecast of 4.2%. Meanwhile, Employment Change came in at 32.2K, against the consensus … - [JPY remains on the back foot against a broadly recovering USD](https://todaymarkets.ae/jpy-remains-on-the-back-foot-against-a-broadly-recovering-usd/): The Japanese Yen (JPY) retains its negative bias through the Asian session on Thursday against a broadly recovering US Dollar (USD) as a generally positive risk tone is seen undermining demand for traditional safe-haven assets. Any meaningful JPY depreciation, however, still seems elusive in the wake of the uncertainty surrounding US President Donald Trump’s tariff announcement, the … - [USD/INR rebounds on trade war worries ](https://todaymarkets.ae/usd-inr-rebounds-on-trade-war-worries/): The Indian Rupee (INR) loses ground on Thursday, snapping the five-day winning streak. A weakening Chinese Yuan amid the escalating trade war put pressure on most Asian currencies, including the Indian currency. A recovery in crude oil prices contributes to the INR’s downside as India is the world’s third-largest oil consumer.  Nonetheless, the optimism surrounding Indian stocks … - [EUR/JPY trades with positive bias above 162.00; lacks follow-through ahead of ECB](https://todaymarkets.ae/eur-jpy-trades-with-positive-bias-above-162-00-lacks-follow-through-ahead-of-ecb/): The EUR/JPY cross attracts buyers for the second straight day and climbs back above the 162.00 mark during the Asian session on Thursday. The intraday move higher is sponsored by the offered tone surrounding the Japanese Yen (JPY), though it is likely to remain capped as traders might opt to wait for the European Central Bank … - [Wheat Holds Gains into Wednesday’s Close](https://todaymarkets.ae/wheat-holds-gains-into-wednesdays-close/): The wheat markets posted Wednesday strength into the close across the three exchanges. Chicago SRW futures were up 5 to 6 cents across the nearbys. Kansas City HRW was 3 to 5 cents higher on the Wednesday session. MPLS spring wheat closed 1 to 3 cents in the green at the final bell. Export sales data released … - [Corn Posts Gains on Wednesday](https://todaymarkets.ae/corn-posts-gains-on-wednesday/): Corn futures closed the Wednesday session with contracts up 2 to 5 cents in most nearby contracts. The front month CmdtyView national average Cash Corn price was up 3 cents at $4.56 1/2. The markets will be off on Friday for Good Friday, with Thursday being the last trade day for the week.  Rains expected from the … - [Soybeans Closes with Gains on Wednesday](https://todaymarkets.ae/soybeans-closes-with-gains-on-wednesday/): Soybeans posted gains of 2 to 4 cents across most contracts on Wednesday. CmdtyView’s national front month Cash Bean price was up 3 cents at $9.87 3/4. Soymeal futures closed with $2.40 to $3.30/ton gains, as Soy Oil futures were up 15 to 24 points. The CME will be closed on Friday in observance of Good Friday, with a normal Thursday … - [Cotton Bounced Higher on Wednesday with Outside Support](https://todaymarkets.ae/cotton-bounced-higher-on-wednesday-with-outside-support/): Cotton futures posted Wednesday gains of 25 to 71 points. The outside markets were supportive, as crude oil futures were up $1.29/barrel on the day, with the US dollar index back down $0.922 to $99.143. The markets will be closed on Friday in observance of Good Friday. The Seam reported 4,340 cash bales sold on 4/15, … - [Dollar Weakness Fuels Short Covering in Sugar Futures](https://todaymarkets.ae/dollar-weakness-fuels-short-covering-in-sugar-futures/): May NY world sugar #11 (SBK25) Wednesday closed up +0.34 (+1.94%), and August London ICE white sugar #5 (SWQ25) closed up +7.20 (+1.47%). Sugar prices Wednesday rose moderately as a weaker dollar (DXY00) sparked short-covering in sugar futures.  Sugar prices have been on the defensive this week, with NY sugar posting a 2-1/2 year nearest-futures … - [Short Covering Pushes Cocoa Prices Higher](https://todaymarkets.ae/short-covering-pushes-cocoa-prices-higher/): May ICE NY cocoa (CCK25) Wednesday closed up +94 (+1.17%), and May ICE London cocoa #7 (CAK25) closed up +52 (+0.90%). Cocoa prices recovered from early losses on Wednesday and settled moderately higher as a weaker dollar (DXY00) sparked short covering in cocoa futures.   Last Wednesday, NY cocoa fell to a 4-week low, and … - [Below Normal Rain in Brazil Supports Coffee Prices](https://todaymarkets.ae/below-normal-rain-in-brazil-supports-coffee-prices/): May arabica coffee (KCK25) Wednesday closed up +6.65 (+1.80%), and May ICE robusta coffee (RMK25) closed up +15 (+0.28%). Coffee prices on Wednesday extended this week’s rally, with arabica coffee posting a 1-1/2 week high and robusta posting a 2-1/2 week high.  Coffee prices are climbing as below-normal rain in Brazil may hurt coffee yields. … - [WTI Moved Lower on Higher Than Expected Crude Inventories](https://todaymarkets.ae/wti-moved-lower-on-higher-than-expected-crude-inventories/): 02:30 PM GMT, United States – EIA Data: Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [Bank of Canada Holds Rate Unchanged](https://todaymarkets.ae/bank-of-canada-holds-rate-unchanged/): Bank of Canada maintained interest rates at 2.75% level, in line with expectations. Bank of Canada Rate Decision – Key Points USDCAD dropped after BoC decision. The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. … - [USD/CAD - Technical Analysis](https://todaymarkets.ae/usd-cad-technical-analysis/): The USDCAD currency pair has been in a downward trend since the beginning of March. Looking at the chart in terms of the Overbalance methodology, two geometries should be marked. The first – larger, marked in red, and the second marked in green. During today’s session, the rate bounced off the smaller geometry, which is … - [Shares of US global car rental company Hertz (HTZ1.US) surge almost 20%](https://todaymarkets.ae/shares-of-us-global-car-rental-company-hertz-htz1-us-surge-almost-20/): Shares of US global car rental company Hertz (HTZ1.US) surge almost 20% as Bill Ackman’s Pershing Square disclosed a significant position in the company. The activist investment firm bought 12.7 million shares valued at about $46.5 million at the time of the purchase, according to the filling published Wednesday, becoming one of Hertz’s largest shareholders. Hertz … - [U.S. Retail Sales in line With Expectations](https://todaymarkets.ae/u-s-retail-sales-in-line-with-expectations/): US Retail Sales MoM: 1.4% (Forecast 1.4%, Previous 0.2%) US30 almost ‘ignored’ retail sales reading which came almost in line with market expectations. Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All … - [EUR/GBP Recommendation From Credit Agricole](https://todaymarkets.ae/eur-gbp-recommendation-from-credit-agricole-3/): Credit Agricole has issued a recommendation for the EURGBP currency pair. Credit Agricole recommends taking a short position on the EURGBP pair on the following conditions: Entry (market): 0.8607Target price: 0.8387Stop loss: 0.8800 Credit Agricole recommends taking a short position on EURGBP at the market price with a take profit order at 0.8387 and a … - [TSMC Q1 2025 Earnings Preview](https://todaymarkets.ae/tsmc-q1-2025-earnings-preview/): As Taiwan Semiconductor Manufacturing Company (TSM.US) prepares to release its first-quarter earnings on Thursday, April 17, 2025, investors are keenly focused on how the chip manufacturing giant will address growing trade tensions while capitalizing on continued strong AI-driven demand. Key Performance Expectations Earnings vs Expectations. Source: Bloomberg L.P. AI-Driven Growth Continues TSMC’s advanced manufacturing processes … - [USD/CAD - Recommendation From Credit Agricole](https://todaymarkets.ae/usd-cad-recommendation-from-credit-agricole/): Crédit Agricole has issued a recommendation for the USDCAD currency pair. Crédit Agricole recommends taking a long position on the pair with the following levels: Crédit Agricole recommends taking a long position on USDCAD at the market price with a target of 1.4149 and a Stop Loss order at 1.3600. Source: xStation 5 The material … - [Inline Eurozone CPI Sees Eur/usd Muted](https://todaymarkets.ae/inline-eurozone-cpi-sees-eur-usd-muted/): 10:00 AM GMT, Euro Zone – Inflation Data for March: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you … - [Nvidia Plummets 6% Ahead of Wall Street Open](https://todaymarkets.ae/nvidia-plummets-6-ahead-of-wall-street-open/): Nvidia (NVDA.US) shares have surged nearly 25% from the early April lows, but today they are down almost 6% in pre-market trading in the U.S. The decline is driven by costly new export restrictions on the company’s chips bound for China.In addition to Nvidia, several other semiconductor stocks are also trading lower by a few percent, … - [US Dollar Index falls below 99.50 due to eroding investor confidence](https://todaymarkets.ae/us-dollar-index-falls-below-99-50-due-to-eroding-investor-confidence/): The US Dollar Index (DXY), which measures the US Dollar (USD) against a basket of six major currencies, declined after gaining in the previous session, trading near 99.50 during Wednesday’s European hours. The Greenback faces headwinds due to eroding investor confidence in US assets amid escalating US-China trade tensions. Late Tuesday, Bloomberg reported that US President Donald … - [Chart of The Day - XAU/USD](https://todaymarkets.ae/chart-of-the-day-xau-usd-2/): Gold gains nearly 2% today, hitting new all-time highs at $3,295 per ounce. The metal is supported by very strong fundamentals, including ongoing uncertainty in global equity markets, concerns over economic growth in the U.S., Asia, and Europe, as well as the escalation of the trade war. GOLD chart (Daily Interval) Gold is trading at record … - [WTI drops to near $60.00 as US-China trade dispute continues to weigh on energy demand](https://todaymarkets.ae/wti-drops-to-near-60-00-as-us-china-trade-dispute-continues-to-weigh-on-energy-demand/): West Texas Intermediate (WTI) Oil price continues its decline for the third consecutive session, losing over 1.00% and trading near $60.30 per barrel during early European hours on Wednesday. The drop in crude Oil prices reflects growing uncertainty caused by shifts in US tariff policies, as traders assess the economic ramifications of the ongoing US-China trade … - [Economic Calendar - U.S. Retail Sales And Bank of Canada Interest Rate Decision](https://todaymarkets.ae/economic-calendar-u-s-retail-sales-and-bank-of-canada-interest-rate-decision/): Market sentiment today suggests mounting downward pressure and concerns over the trade war. The U.S. dollar is sharply weakening, with USD Index futures (USDIDX) pulling back by 0.7%, pushing EURUSD nearly 0.9% higher, above the 1.13 level. Gold is benefiting from the uncertainty, gaining nearly 2% and approaching $3,300 per ounce. The economic calendar is … - [GBP/JPY Bearish outlook remains intact below 189.00](https://todaymarkets.ae/gbp-jpy-bearish-outlook-remains-intact-below-189-00/): The GBP/JPY cross attracts some sellers to around 188.80 during the early European session on Wednesday. The Pound Sterling (GBP) weakens against the Japanese Yen (JPY) after the UK Consumer Price Index (CPI) inflation report. The UK Consumer Price Index (CPI) rose 2.6% YoY to March, an easing from the 2.8% increase in February, according to the … - [Nasdaq Futures Down 2%](https://todaymarkets.ae/nasdaq-futures-down-2/): Futures on Nasdaq slide as Nvidia drops 6% due to chip exports, ASML reports weak results while trade-war escalate🗽 Weak order data from ASML and export restrictions targeting Nvidia are weighing on Wall Street futures. US100 futures, which represent tech-heavy companies listed on the Nasdaq exchange, have come under strong downward pressure now losing more than … - [USD/CHF drops to mid-0.8100s, back closer to multi-year low on weaker USD](https://todaymarkets.ae/usd-chf-drops-to-mid-0-8100s-back-closer-to-multi-year-low-on-weaker-usd/): The USD/CHF pair attracts fresh sellers during the Asian session on Wednesday and erodes a major part of the previous day’s modest recovery gains. Spot prices drop back closer to mid-0.8100s in the last hour and remain well within striking distance of a ten-year low touched last Friday amid a broadly weaker US Dollar (USD). In fact, … - [Gold price approaches $3,300 mark amid persistent safe-haven demand](https://todaymarkets.ae/gold-price-approaches-3300-mark-amid-persistent-safe-haven-demand/): Gold price (XAU/USD) continues scaling new record highs through the Asian session on Wednesday and has now moved well within striking distance of the $3,300 round-figure mark. Persistent worries about the escalating US-China trade war and US recession fears amid the ongoing US tariff chaos continue to boost demand for the safe-haven bullion. Furthermore, rising … - [Breaking: UK CPI inflation eases to 2.6% YoY in March vs. 2.7% expected](https://todaymarkets.ae/breaking-uk-cpi-inflation-eases-to-2-6-yoy-in-march-vs-2-7-expected/): The United Kingdom (UK) annual headline Consumer Price Index (CPI) rose 2.6% in March after increasing 2.8% in February, the data released by the Office for National Statistics (ONS) showed on Wednesday.  The market expectations was for a 2.7% growth in the reported period. The reading remained well above the Bank of England’s (BoE) 2% target. The … - [Good Morning Traders](https://todaymarkets.ae/good-morning-traders-3/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Bitcoin, Ethereum, Ripple: BTC struggles for a breakout while ETH and XRP extend losses ](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-struggles-for-a-breakout-while-eth-and-xrp-extend-losses/): Bitcoin (BTC) price is stabilizing around $83,500 on Wednesday after it faced multiple rejections around its 200-day EMA at $85,000; a breakout indicates a bullish trend. Ethereum (ETH) and Ripple (XRP) extended their losses after facing resistance around their key levels. Bitcoin struggles to break out above the $85,000 resistance zone  Bitcoin has faced multiple rejections around … - [WTI drifts lower below $61.00 amid uncertainty on Trump trade war](https://todaymarkets.ae/wti-drifts-lower-below-61-00-amid-uncertainty-on-trump-trade-war/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.80 during the early Asian session on Wednesday. The WTI price remains on the defensive as traders continue to assess the latest headlines on US President Donald Trump’s tariff.  The Organization of the Petroleum Exporting Countries (OPEC) lowered its demand forecast on Monday due to the … - [XAG/USD edges higher to near $32.50 due to safe-haven demand](https://todaymarkets.ae/xag-usd-edges-higher-to-near-32-50-due-to-safe-haven-demand/): Silver price (XAG/USD) is inching higher after recent losses, trading around $32.30 per troy ounce during Wednesday’s Asian session. The uptick comes as lingering uncertainty over US trade policy continues to fuel safe-haven demand for the precious metal. A weaker US Dollar (USD) is also supporting Silver prices, making the dollar-denominated asset more attractive to … - [JPY adds to intraday gains amid trade jitters; USD/JPY slides closer to mid-142.00s](https://todaymarkets.ae/jpy-adds-to-intraday-gains-amid-trade-jitters-usd-jpy-slides-closer-to-mid-142-00s/): The Japanese Yen (JPY) builds on its intraday ascent through the Asian session on Wednesday as persistent trade jitters continue to drive flows towards traditional safe-haven assets. The JPY draws additional support from the upbeat domestic data, which showed that Japan’s core machinery orders rebounded sharply in February and surpassed market expectations. Furthermore, hopes for … - [NZD/USD attracts some buyers above 0.5900 as China’s economy grows 5.4% YoY in Q1](https://todaymarkets.ae/nzd-usd-attracts-some-buyers-above-0-5900-as-chinas-economy-grows-5-4-yoy-in-q1/): The NZD/USD pair holds positive ground around 0.5905 during the Asian trading hours on Wednesday. The Kiwi strengthens against the US Dollar (USD) after the upbeat Chinese economic data. Traders will shift their attention to the US March Retail Sales and the speech of Federal Reserve (Fed) Chair Jerome Powell on Wednesday. Data released by the National Bureau of Statistics of China … - [AUD/JPY keeps the red below mid-90.00s after mostly upbeat Chinese macro data](https://todaymarkets.ae/aud-jpy-keeps-the-red-below-mid-90-00s-after-mostly-upbeat-chinese-macro-data/): The AUD/JPY cross drifts lower during the Asian session on Wednesday and moves away from over a one-week high, around the 91.40 region touched the previous day. Spot prices stick to negative bias below the mid-90.00s and move little in reaction to mostly upbeat Chinese macro releases. The official data published by the National Bureau … - [GBP/USD extends rally to fresh six-month highs near 1.3250 ahead of UK CPI data](https://todaymarkets.ae/gbp-usd-extends-rally-to-fresh-six-month-highs-near-1-3250-ahead-of-uk-cpi-data/): The GBP/USD pair continues its winning streak that began on April 8, trading around 1.3250 during Wednesday’s Asian session. Earlier in the day, it touched a fresh six-month high at 1.3256. The pair has maintained strong momentum, boosted by improved global risk sentiment after US President Donald Trump announced exemptions for key technology products from his … - [USD/INR weakens ahead of US Retail Sales release, Fed’s Powell speech](https://todaymarkets.ae/usd-inr-weakens-ahead-of-us-retail-sales-release-feds-powell-speech/): The Indian Rupee (INR) trades in positive territory for the fifth consecutive day on Wednesday. The weakening of the US Dollar (USD) and the extended decline in crude oil prices eased the Indian currency’s losses. It’s worth noting that India is the world’s third-largest oil consumer, and lower crude oil prices tend to have a positive impact on the … - [UK CPI set for a slight decline in March, reinforcing BoE easing expectations](https://todaymarkets.ae/uk-cpi-set-for-a-slight-decline-in-march-reinforcing-boe-easing-expectations/): The United Kingdom’s (UK) Consumer Price Index (CPI) data for March will be published by the Office for National Statistics (ONS) on Wednesday at 06:00 GMT. The UK CPI inflation report could significantly impact the market’s expectations for the Bank of England’s (BoE) future interest rate cuts, which could trigger a big reaction in the … - [Q1 2025 Results J&J Surprise But, Shares Decline](https://todaymarkets.ae/q1-2025-results-jj-surprise-but-shares-decline/): Despite posting stronger-than-expected first-quarter earnings, Johnson & Johnson (JNJ.US) failed to win over investors. The stock slipped slightly on Tuesday, reflecting broader concerns around potential drug tariffs and ongoing legal challenges. Shares fell nearly 1% in premarket trading to around $153, while S&P 500 and Nasdaq futures traded flat—highlighting that the market is no longer … - [Stock Watch - Visa's Figures Have Performed Solidly](https://todaymarkets.ae/stock-watch-visas-figures-have-performed-solidly/): Everyone knows and uses Visa (V.US) cards. However, few understand how the payment process works and which companies are involved. Most importantly, they don’t consider that Visa may be one of the world’s most competitive companies. But beware, because investors do know Visa’s quality, and its shares are already trading at high multiples. Are Visa shares expensive or … - [Commodities - Oil, Gold, Natgas And Copper](https://todaymarkets.ae/commodities-oil-gold-natgas-and-copper/): Crude Oil: Goldman Sachs, in its latest report, expects a lower trading range for Brent crude of $59–63 per barrel this year and $55–58 per barrel in 2025. OPEC+ has announced a production increase of 138k bpd starting in April and 411k bpd in May. Donald Trump made positive comments about nuclear talks with Iran, … - [Cocoa Tumbles 4%](https://todaymarkets.ae/cocoa-tumbles-4/): 📌Cocoa futures retreat amid rainfall forecasts and weak data suggesting demand woes ICE-traded cocoa futures (COCOA) are down nearly 4% today, pressured by rainfall forecasts in Brazil and Asia and weak bean grinding data that have sparked demand concerns across the market. The collapse in cocoa processing in Malaysia by 15% in Q1 2025 (according to … - [Boeing's dark days may not be over yet](https://todaymarkets.ae/boeings-dark-days-may-not-be-over-yet/): OPEC has revised its forecast for global oil demand growth in 2025, citing escalating trade tensions and weaker-than-expected economic indicators. The new forecast calls for an increase of 1.3 million barrels per day, 150,000 barrels less than previously estimated. Similarly, the IEA has lowered its forecast by 300,000 bpd.  Against this backdrop, oil prices will … - [Nat-Gas Prices Recover as US Weather Forecasts Cool](https://todaymarkets.ae/nat-gas-prices-recover-as-us-weather-forecasts-cool/): May Nymex natural gas (NGK25) on Tuesday closed up by +0.004 (+0.12%). May nat-gas prices on Tuesday recovered from a 2-1/4 month low and settled slightly higher.  Short covering emerged in nat-gas futures Tuesday when forecaster Atmospheric G2 said that forecasts shifted cooler for the central and eastern US for April 20-24, which should boost … - [Energy Demand Concerns Undercut Crude Prices](https://todaymarkets.ae/energy-demand-concerns-undercut-crude-prices/): May WTI crude oil (CLK25) Tuesday closed down -0.20 (-0.33%), and May RBOB gasoline (RBK25) closed up +0.0022 (+0.11%). Crude oil and gasoline prices on Tuesday settled mixed.  Tuesday’s stronger dollar weighed on crude prices.   Also, Tuesday’s action by the International Energy Agency (IEA) to cut its global crude demand forecast is negative for … - [Corn Closes Mixed, as New Crop Bids Up](https://todaymarkets.ae/corn-closes-mixed-as-new-crop-bids-up/): The corn market posted mixed trade, as the recent bull spreads unwind. Nearbys were down 3 to 4 cents at the close, with new crop December up 2 ¼ cents. The May-December corn spread is down to 17 cents, after being over 30 cents on Friday. The front month CmdtyView national average Cash Corn price is down … - [Wheat Weakness Extends into Tuesday’s Close](https://todaymarkets.ae/wheat-weakness-extends-into-tuesdays-close/): The wheat complex posted extended weakness on Tuesday, with contracts down across the three markets. Chicago SRW futures closed with losses of 5 to 6 cents on the Tuesday session. Kansas City HRW posted losses of 1 to 3 cents at the final bell. MPLS spring wheat was down 3 to 4 cents in the nearby contracts … - [Soybean Posts Mixed Trade, as New Crop Holds Up](https://todaymarkets.ae/soybean-posts-mixed-trade-as-new-crop-holds-up/): The soybean market closed with mixed action on Tuesday, as front months were down 3 to 6 cents. New crop November was up 1 ¼ cents. CmdtyView’s national front month Cash Bean price was down 6 cents at $9.83. Soymeal futures posted losses of 30 cents to $2.90/ton, with Soy Oil futures were back up 60 to 101 points. US soybeans … - [Cotton Posts Strength](https://todaymarkets.ae/cotton-posts-strength/): Cotton futures saw a Turnaround Tuesday bounce, to close out the session 66 to 99 points higher. Crude oil futures are down 9 cents/barrel. The US dollar index was back up $0.503 to $99.900. Weekly Crop Progress data showed the US cotton crop at 5% planted, which is behind the 3% average pace at 8%. Only … - [Sugar Prices Sink on the Outlook for Ample Monsoon Rains in India](https://todaymarkets.ae/sugar-prices-sink-on-the-outlook-for-ample-monsoon-rains-in-india/): May NY world sugar #11 (SBK25) Tuesday closed down -0.35 (-1.96%), and May London ICE white sugar #5 (SWK25) closed down -14.30 (-2.71%). Sugar prices retreated Tuesday, with NY sugar posting a 2-1/2 year nearest-futures low and London sugar posting a 2-3/4 month low.  The outlook for abundant rain in India that leads to a … - [Cocoa Prices Retreat on Slack Demand](https://todaymarkets.ae/cocoa-prices-retreat-on-slack-demand/): May ICE NY cocoa (CCK25) Tuesday closed down -245 (-2.97%), and May ICE London cocoa #7 (CAK25) closed down -183 (-3.06%). Cocoa prices on Tuesday settled moderately lower and added to Monday’s losses on signs of weak cocoa demand.  Malaysia reported a -15.3% y/y decline in Q1 cocoa processing to 84.192 MT on Monday, and … - [Coffee Prices Settle Higher on Supply Fears](https://todaymarkets.ae/coffee-prices-settle-higher-on-supply-fears/): May arabica coffee (KCK25) Tuesday closed up +9.00 (+2.50%), and May ICE robusta coffee (RMK25) closed up +110 (+2.09%). Coffee prices on Tuesday added to Monday’s gains and posted 1-week highs.  Below-normal rain in Brazil may hurt coffee yields and is bullish for prices after Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing … - [German ZEN Economic Sentiment Lower Than Expected](https://todaymarkets.ae/german-zen-economic-sentiment-lower-than-expected/): 10:00 AM GMT, Germany – German ZEW Economic Sentiment for April: 10:00 AM GMT, Germany – German ZEW Current Conditions for April: The German ZEW Economic Sentiment came in lower than expected. However, the decline in Current Conditions was smaller than forecast and dropped to -81.2 points. EURUSD remains muted following the publication, as investors focus on possible EU-US negotiations. The material on … - [Chart of The Day - AUDUSD](https://todaymarkets.ae/chart-of-the-day-audusd/): The Reserve Bank of Australia (RBA) today released the minutes of its April monetary policy meeting, which showed that members of the financial institution agreed that the May meeting would be a good opportunity to reconsider the current economic backdrop and possibly adjust interest rates. Policymakers highlighted rising global risks from the US tariff changes … - [Economic Calendar - CPI Data From The EU And U.S. - Citi Group And Bank of America Earnings](https://todaymarkets.ae/economic-calendar-cpi-data-from-the-eu-and-u-s-citi-group-and-bank-of-america-earnings/): Tuesday’s session in financial markets begins with relative gains in the main stock indices. Markets in Asia are seeing a further rebound after Wall Street closed higher yesterday. Futures currently indicate a relatively flat opening in Europe and the US today. The US100 is down 0.1%, while the German DE40 is down 0.06%. The economic … - [UK Unemployment Rate stays at 4.4% in the quarter to February as expected](https://todaymarkets.ae/uk-unemployment-rate-stays-at-4-4-in-the-quarter-to-february-as-expected/): The United Kingdom’s (UK) ILO Unemployment Rate held steady at 4.4% in the three months to February, data published by the Office for National Statistics (ONS) showed on Thursday. The market forecast was for a 4.4% reading in the reported period. Additional details of the report showed that the number of people claiming jobless benefits increased … - [The Market Update](https://todaymarkets.ae/the-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD remains below $32.50, support appears at 50-day EMA](https://todaymarkets.ae/xag-usd-remains-below-32-50-support-appears-at-50-day-ema/): Silver price (XAG/USD) continues to show strength for the fifth consecutive session, trading around $32.30 per troy ounce during the Asian session on Tuesday. The technical analysis of the daily chart suggests a growing bullish trend, with the grey metal moving upward within an ascending channel pattern. Silver price remains above both the nine-day and 50-day Exponential Moving Averages (EMAs), … - [NZD/USD advances to fresh YTD peak, around 0.5930 area amid broadly weaker USD](https://todaymarkets.ae/nzd-usd-advances-to-fresh-ytd-peak-around-0-5930-area-amid-broadly-weaker-usd/): The NZD/USD pair builds on the previous day’s breakout momentum beyond the 200-day Simple Moving Average (SMA) and gains strong follow-through positive traction for the fifth successive day on Tuesday. The momentum lifts spot prices to the 0.5925-0.5930 region, or a fresh year-to-date high during the Asian session, and is sponsored by the underlying bearish … - [Crypto AI tokens to watch after Nvidia’s and OpenAI’s latest moves: RNDR, ICP and SEI price analysis](https://todaymarkets.ae/crypto-ai-tokens-to-watch-after-nvidias-and-openais-latest-moves-rndr-icp-and-sei-price-analysis/): The crypto AI sector is down 5% on Monday, but top-ranked assets including Render Network, SEI and Bittensor are still posting gains on the seven-day time frame. While traders appear to be taking profits after the late rally last week, fresh news catalyst from Open AI could spark another leg-up in the week ahead.  Crypo … - [Dogecoin and Bitcoin Cash Price: Funding rates decrease indicate weakness in DOGE and BCH](https://todaymarkets.ae/dogecoin-and-bitcoin-cash-price-funding-rates-decrease-indicate-weakness-in-doge-and-bch/): Dogecoin (DOGE) and Bitcoin Cash (BCH) registered 3% and 8% losses on Tuesday following increased selling pressure from the futures market. The decline comes amid large-cap cryptos like Bitcoin (BTC), Ether (ETH) and XRP, holding still with slight gains. Dogecoin derivative and spot markets indicate divergence in investor sentiment The decline in Dogecoin appears to have stemmed … - [Chart of The Day - Bitcoin (BTC)](https://todaymarkets.ae/chart-of-the-day-bitcoin-btc/): Over the past two sessions, Bitcoin has risen by more than 11%, from around 84,000 USD to over 94,000 currently. This strong rebound was driven by both positive news from the cryptocurrency sector and macroeconomic developments related to Trump’s softer approach to tariffs. However, Bitcoin’s relative strength was already visible earlier, as traditional indexes were setting … - [Trade of The Day - Nasdaq](https://todaymarkets.ae/trade-of-the-day-nasdaq/): Facts Recommendation Long position on US100 at market price. Opinion The upward momentum in the U.S. stock market has been extended today, with the biggest ‘beneficiary’ of this change being the tech sector index, which had previously been hit hardest by the prospect of Donald Trump’s ‘trade wars’ and uncertainty surrounding U.S. domestic policy. However, … - [Lower Than Expected UK PMI Data Sees The GBPUSD Move Lower](https://todaymarkets.ae/lower-than-expected-uk-pmi-data-sees-the-gbpusd-move-lower/): 08:30 AM GMT, United Kingdom – PMI Data for April: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you … - [Mixed Eurozone PMI Data While Manufacturing Improves](https://todaymarkets.ae/mixed-eurozone-pmi-data-while-manufacturing-improves/): 08:00 AM GMT, Euro Zone – PMI Data for April: Eurozone business activity stalled in April. Manufacturing unexpectedly improved, with output hitting a near three-year high despite new U.S. tariffs, thanks to lower input costs and better profit margins. However, new orders stayed weak, and companies remain cautious. The services sector dragged overall growth down, showing contraction for the … - [A Muted EUR/USD After Lower German PMI Data](https://todaymarkets.ae/a-muted-eur-usd-after-lower-german-pmi-data/): 07:30 AM GMT, Germany – PMI Data for April: Germany’s economy is showing mixed signals. Manufacturing is holding up surprisingly well despite global challenges and U.S. tariffs—production and export orders have even risen. Lower energy prices and slightly higher selling prices are helping boost manufacturers’ profit margins, especially as some shift toward military-related production. However, the services sector is … - [Economic Calendar - PMI Data in Focus](https://todaymarkets.ae/economic-calendar-pmi-data-in-focus/): Today, the most important reports scheduled in the calendar will be the preliminary PMI reports for April. However, it’s also worth monitoring the latest White House comments regarding potential trade negotiations. Recently, macroeconomic data has taken a backseat to significant turmoil in US trade policy. Today, similarly, the driver of growth is Donald Trump’s softer … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-5/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Tesla Q1 Results - 71% Drop in Net Profit YoY](https://todaymarkets.ae/tesla-q1-results-71-drop-in-net-profit-yoy/): Tesla shares (TSLA.US) gain 0.50 % in after‑hours trading, despite weaker year‑on‑year results. However, investor hopes are sustained by the company’s optimistic outlook. Tesla’s first‑quarter report showed a deliberate profitability reset as it prepares for the next product cycle. Revenue fell 9 % YoY to USD 19.3 bn, GAAP EPS dropped to USD 0.12, and operating margin shrank to 2.1 %. The results … - [USD/CHF Outlook remains bearish below 0.8250](https://todaymarkets.ae/usd-chf-outlook-remains-bearish-below-0-8250/): The USD/CHF pair drifts higher to near 0.8225 during the early European session on Wednesday, bolstered by the renewed US Dollar (USD) demand. Hope for the US-China trade deal provides a boost for investors. Additionally, US President Donald Trump backed away from threats of firing Federal Reserve (Fed) Chair Jerome Powell, which provides some support to the … - [GBP/USD weakens below 1.3300 as US Dollar rises](https://todaymarkets.ae/gbp-usd-weakens-below-1-3300-as-us-dollar-rises/): The GBP/USD pair remains weak near 1.3280 during the early Asian session on Wednesday. Comments by US Treasury Secretary Scott Bessent hint at a thaw in US-China trade tensions, fueling optimism in markets and strengthening the US Dollar (USD) against the Pound Sterling (GBP).  Scott Bessent said on Tuesday that he expects a de-escalation in US President … - [NZD/USD strengthens above 0.5950 amid hopes for US-China trade deal](https://todaymarkets.ae/nzd-usd-strengthens-above-0-5950-amid-hopes-for-us-china-trade-deal/): The NZD/USD pair gathers strength to around 0.5980 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) has risen to its highest level since early November 2024 against the US Dollar (USD) after the optimistic comments from the US Treasury Secretary Scott Bessent. Traders will take more cues from the flash US S&P … - [EUR/USD Bounces off 1.1300 neighbourhood; shows resilience below 23.6% Fibo.](https://todaymarkets.ae/eur-usd-bounces-off-1-1300-neighborhood-shows-resilience-below-23-6-fibo/): The EUR/USD pair attracts some follow-through selling for the second straight day on Wednesday and drops to a one-week low during the Asian session. Spot prices, however, rebound a few pips from the 1.1300 neighborhood and currently trade around the 1.1380 region, still down over 0.35% for the day. The US Dollar (USD) builds on the … - [USD/CAD trades higher near 1.3850 due to potential de-escalation of ongoing tariff dispute](https://todaymarkets.ae/usd-cad-trades-higher-near-1-3850-due-to-potential-de-escalation-of-ongoing-tariff-dispute/): USD/CAD edges higher, rebounding from two consecutive sessions of losses, and is trading near 1.3830 during Asian hours on Wednesday. The US Dollar (USD) found support following remarks by US Treasury Secretary Scott Bessent, who called the ongoing tariff dispute “unsustainable,” hinting at potential de-escalation. On Tuesday, the White House announced progress in trade negotiations aimed … - [XAG/USD holds position above $32.50 despite easing Fed concerns](https://todaymarkets.ae/xag-usd-holds-position-above-32-50-despite-easing-fed-concerns/): Silver price (XAG/USD) retraces its recent losses from the previous session, trading around $32.70 per troy ounce during the Asian hours on Wednesday. However, prices of grey metal faced headwinds as investor optimism grew over the Federal Reserve’s (Fed) independence. US President Donald Trump helped calm markets by clarifying he has no intention of removing Fed … - [AUD advances over optimism over ongoing US-China trade negotiations](https://todaymarkets.ae/aud-advances-over-optimism-over-ongoing-us-china-trade-negotiations/): The Australian Dollar (AUD) recovered some ground on Wednesday, retracing its losses from the previous session. The AUD/USD pair stabilized following the release of preliminary data from Australia’s Judo Bank Purchasing Managers Index (PMI), which showed that private sector activity expanded for the seventh consecutive month in April, driven by continued growth in both manufacturing … - [JPY remains on the back foot amid hopes for US-China trade deal](https://todaymarkets.ae/jpy-remains-on-the-back-foot-amid-hopes-for-us-china-trade-deal/): The Japanese Yen (JPY) trims a part of Asian session losses, though it remains depressed against its American counterpart amid the risk-on impulse. Trump administration officials hinted at a potential de-escalation of the ongoing tariff dispute with China and fueled optimism about a trade deal. Adding to this Trump stepped back from his threats to … - [WTI extends gains to near $64.00 on Iran sanctions, falling US inventories](https://todaymarkets.ae/wti-extends-gains-to-near-64-00-on-iran-sanctions-falling-us-inventories/): West Texas Intermediate (WTI) Oil price extends its rally for a second straight session, trading around $63.90 per barrel during Asian hours on Wednesday. The continued rise in Oil prices comes amid fresh United States (US) sanctions on Iran and signs of tightening supply. On Tuesday, the US imposed new sanctions targeting Seyed Asadoollah Emamjomeh, … - [Gold price shows signs of bullish exhaustion amid positive turnaround in risk sentiment](https://todaymarkets.ae/gold-price-shows-signs-of-bullish-exhaustion-amid-positive-turnaround-in-risk-sentiment/): Gold price (XAU/USD) attracted dip-buyers in Asia on Wednesday, stalling its retreat from the $3,500 peak hit the day before. The attempted US Dollar (USD) recovery from a multi-year low faltered amid the weakening confidence in the US economy on the back of US President Donald Trump’s back-and-forth tariff announcements. Apart from this, the prospects … - [EUR/JPY hangs near daily low, below 162.00 as traders eye Eurozone PMIs for fresh impetus](https://todaymarkets.ae/eur-jpy-hangs-near-daily-low-below-162-00-as-traders-eye-eurozone-pmis-for-fresh-impetus/): The EUR/JPY cross struggles to capitalize on its modest Asian session gains and attracts some intraday sellers in the vicinity of mid-162.00s on Wednesday. Spot prices retreat to the lower end of the daily range, around the 161.80-161.75 area in the last hour, stalling the overnight bounce from sub-161.00 levels or a nearly two-week low. … - [USD/INR jumps on Pahalgam terror attack, US-China optimism](https://todaymarkets.ae/usd-inr-jumps-on-pahalgam-terror-attack-us-china-optimism/): The Indian Rupee (INR) edges lower on Wednesday as rising crude oil prices and a renewed US Dollar (USD) demand weigh on sentiment and drag the Indian currency lower. The terrorist attack in Kashmir, India, contributes to the INR’s downside. At least 28 people were killed and many wounded on Tuesday when terrorists opened fire … - [Corn Falls Lower on Tuesday](https://todaymarkets.ae/corn-falls-lower-on-tuesday/): Corn futures ended the Tuesday session with contracts down 6 to 7 cents. New crop December was down 6 ½ cents, as they try not to bid up for too many acres with current new crop soybean/corn ratio at 2.24. The front month CmdtyView national average Cash Corn price was down 6 cents at $4.48 1/2.  Crop … - [Soybeans Hold Gains on Tuesday](https://todaymarkets.ae/soybeans-hold-gains-on-tuesday/): Soybean futures popped higher on Tuesday, with contracts fractionally to 6 cents higher, led by the nearbys. CmdtyView’s national front month Cash Bean price was up 6 3/4 cents at $9.85 1/4. Soymeal futures were up 80 cents $1.00/ton, as Soy Oil futures were down 4 to 28 points.  Treasury Secretary Bessent made some comments earlier today that he thinks a … - [Wheat Posts Weakness on Tuesday](https://todaymarkets.ae/wheat-posts-weakness-on-tuesday/): The wheat complex was weaker across the three market on Tuesday. Chicago SRW futures posted 2 to 3 cent losses on the day. Kansas City HRW contracts slipped 4 to 6 cents into the close.  MPLS spring wheat was 3 to 5cents in the red on the session. Monday’s Crop Progress report showed a total of 17% … - [Cotton Pops Higher ](https://todaymarkets.ae/cotton-pops-higher/): Cotton futures posted Tuesday gains of 20 to as much as 127 point gains on Tuesday, led by the thinly trade May contract. Crude oil futures were back up $1.13/barrel, with the US dollar index back up $0.701 to $98.690.  NASS pegged the US cotton crop at 11% planted as of 4/20, now in line with … - [Sugar Prices Settle Higher on Brazilian Real Strength](https://todaymarkets.ae/sugar-prices-settle-higher-on-brazilian-real-strength/): May NY world sugar #11 (SBK25) Tuesday closed up +0.18 (+1.01%), and August London ICE white sugar #5 (SWQ25) closed up +6.90 (+1.38%). Sugar prices on Tuesday recovered from early losses and pushed higher, with London sugar posting a 1-week high.  Short covering emerged in sugar futures Tuesday after the Brazilian real (^USDBRL) rallied to … - [Cocoa Prices Surge as Ivory Coast Cocoa Exports Slow](https://todaymarkets.ae/cocoa-prices-surge-as-ivory-coast-cocoa-exports-slow/): May ICE NY cocoa (CCK25) Tuesday closed up +500 (+5.68%), and May ICE London cocoa #7 (CAK25) closed up +375 (+6.16%). Cocoa prices on Tuesday rallied sharply and posted 2-week highs.  Recent Ivory Coast cocoa exports have slowed, supporting prices.  Tuesday’s government data showed that Ivory Coast farmers shipped 1.48 MMT of cocoa to ports … - [Arabica Coffee Posts Moderate Gains as the Brazilian Real Rallies](https://todaymarkets.ae/arabica-coffee-posts-moderate-gains-as-the-brazilian-real-rallies/): May arabica coffee (KCK25) Tuesday closed up +10.85 (+2.96%), and May ICE robusta coffee (RMK25) closed down -22 (-0.42%). Coffee prices on Tuesday settled mixed, with robusta falling to a 1-week low.  Arabica coffee rallied Tuesday due to strength in the Brazilian real (^USDBRL).  The real Tuesday rose to a 2-week high against the dollar, … - [VIX Down 3%, Erasing Yesterday's Gains](https://todaymarkets.ae/vix-down-3-erasing-yesterdays-gains/): The CBOE VIX (VIX) futures are down nearly 3% today; the declines from yesterday’s session, which exceeded 3% for the S&P 500 and Nasdaq 100 futures, have eased, with the US500 and US100 gaining around 0.8% to 1% before the U.S. market opens. VIX (H1 interval) An improvement in sentiment on U.S. stock markets is … - [Boeing up 3% Amid Agreement to Sell Parts of It's Digital Aviation Unit](https://todaymarkets.ae/boeing-up-3-amid-agreement-to-sell-parts-of-its-digital-aviation-unit/): Boeing has agreed to sell parts of its Digital Aviation Solutions business to Thoma Bravo for $10.55 billion in an all-cash deal, while retaining core digital capabilities related to fleet maintenance, diagnostics, and predictive/prognostic maintenance services for commercial and defense customers. The sale includes assets such as Jeppesen, ForeFlight, AerData and OzRunways and is part of Boeing’s … - [Canadian RMPI Much Lower Than Expected](https://todaymarkets.ae/canadian-rmpi-much-lower-than-expected/): Canadian RMPI (Raw Materials Price Index) declined by -1% MoM vs 0.1% exp. and 0.3% exp. (4.7% YoY vs 4.9% previously) Despite unfavorable for Canadian Dollar report, USDCAD gains after yesterday sell-off as US dollar tries to recover. Source: xStation5 The material on this page does not constitute financial advice and does not take into … - [USD/SEK Re-Tests 3 Year Lows After Strong Swedish Unemployment Report](https://todaymarkets.ae/usd-sek-re-tests-3-year-lows-after-strong-swedish-unemployment-report/): The USDSEK pair continues its downward momentum after data from Sweden for March (seasonally adjusted) unexpectedly showed a low unemployment rate of 8.1%, compared to the forecasted 8.7% and the previous 8.9%. Such a strong result, combined with the weak momentum of the U.S. dollar, has pushed the pair to levels not seen since April … - [3M Beats Expectations in Q1](https://todaymarkets.ae/3m-beats-expectations-in-q1/): Industrial conglomerate 3M has kicked off its first-quarter 2025 earnings season on a strong note, delivering results that surpassed market expectations. The adjusted earnings per share (EPS) from continuing operations reached $1.88, exceeding the analysts’ consensus of $1.77. This represents a 10% increase year-on-year. Net sales came in at $5.8 billion, also beating market forecasts … - [EUR/CHF - Recommendation From HSBC](https://todaymarkets.ae/eur-chf-recommendation-from-hsbc/): HSBC has issued a recommendation for the EURCHF currency pair. HSBC recommends taking a long position on the pair with the following levels: Entry (at market price): 0.9288Take Profit: 0.9520Stop Loss: 0.9180 HSBC recommends taking a long position on EURCHF at the market price with a target of 0.9520 and a Stop Loss at 0.9180. … - [Let's Talk Commodities - Oil, Natgas, Cocoa And Gold](https://todaymarkets.ae/lets-talk-commodities-oil-natgas-cocoa-and-gold-2/): Oil: Oil is trying to recover yesterday’s losses but remains below the $65 per barrel level. We are observing a slight rebound in net positions, but they still remain the lowest in several years. At the same time, the physical fuel market does not show such an extremely negative sentiment, which may indicate a decoupling … - [Trade of The Day - DOW 30](https://todaymarkets.ae/trade-of-the-day-dow-30/): Facts: Recommendation: Trade: Short US30 at market priceTarget: 38041, 37560Stop Loss: 39135 Opinion: American index US30 launched today’s session with an upward correction. However, sellers managed to halt an advance at the key resistance (38700). The price pulled back from the upper limit of the 1:1 structure which is also strengthened by the previous low from … - [Equity Markets Under Pressure While Gold Surges](https://todaymarkets.ae/equity-markets-under-pressure-while-gold-surges/): After a tumultuous Monday, volatility is turning lower this morning. European stocks are in the red, but losses are mild so far, and US equity market futures are pointing to a higher open later today. The gold price reached a record early on Tuesday, but has also pulled back, and upwards pressure on Treasuries is … - [Chart of The Day - Gold](https://todaymarkets.ae/chart-of-the-day-gold-5/): Gold (GOLD) is gaining another 1.6% today on a wave of uncertainty in the markets, which have begun to seriously price in the risk of a change in the Federal Reserve’s leadership. Today, the precious metal’s prices reached USD 3,500 per ounce, a historical level never seen before. Gold has had its best start to … - [Economic Calendar - Tesla's Quarterly Results Plus Fed And ECB Banker's Speeches](https://todaymarkets.ae/economic-calendar-teslas-quarterly-results-plus-fed-and-ecb-bankers-speeches/): Markets resume standard trading after the Easter break. US stock index futures are trading higher. However, we are observing a slightly different mood in Europe, as the declines observed yesterday on Wall Street are taking hold here. Markets on the Old Continent are therefore trying to “catch up” on yesterday’s quotations. Let us recall that … - [Could XRP price breakout on growing risk-on sentiment?](https://todaymarkets.ae/could-xrp-price-breakout-on-growing-risk-on-sentiment/): Ripple (XRP) price stabilizes above its $2.00 support during the late Asian session on Tuesday. An attempt to break out of the consolidation range the previous day left more long than short positions liquidated, dampening market sentiment. Meanwhile, with whales buying amid the ongoing consolidation, XRP could be poised for a major run targeting the psychological resistance … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-4/): Current volatility on the currency market. Source: xStation The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted … - [Meta's Shareholders Pay no Heed to FTC's Lawsuit](https://todaymarkets.ae/metas-shareholders-pay-no-heed-to-ftcs-lawsuit/): Meta shares are falling amid today’s selloff. However, the market is paying little attention to the FTC’s lawsuit against the company, accusing it of monopolizing the social media segment. Why don’t investors consider this a risk? The lawsuit against Meta does not scare investors Although Meta’s stock has been falling in recent days, it is more … - [Corn Slips into Monday’s Close](https://todaymarkets.ae/corn-slips-into-mondays-close/): The corn market failed to hold the early session strength on Monday, with contracts ending the session with fractional losses in the front months. The front month CmdtyView national average Cash Corn price was unch at $4.55 1/2.  Crop Progress data from this afternoon showed the US corn crop at 12% planted as of April 20, which … - [Wheat Falls on Monday, with NASS Ratings Slipping](https://todaymarkets.ae/wheat-falls-on-monday-with-nass-ratings-slipping/): The wheat market posted Monday losses across the three exchanges. Chicago SRW futures were down 10 to 11 cents in the front months at the close. Kansas City HRW contracts were 6 to 7 cents lower on Monday. MPLS spring wheat was down 5 to 7 cents across the front months.  The weekly Crop Progress report showed … - [Soybeans Fall Lower on Monday](https://todaymarkets.ae/soybeans-fall-lower-on-monday/): Soybeans posted Monday losses of 5 to 7 cents across most contracts. CmdtyView’s national front month Cash Bean price was down 6 cents at $9.79 1/2. Soymeal futures were down $2.70/ton, as Soy Oil futures were back down 7 to 9 points.  The US soybean crop was listed at 8% planted as of Sunday, now ahead of the 5-year average pace … - [Cotton Closes with Weakness on Monday](https://todaymarkets.ae/cotton-closes-with-weakness-on-monday/): Cotton futures bounced off the midday lows, but still closed with 14 to 55 points on Monday. Crude oil futures were back down $1.30/barrel, with the US dollar index collapsing $0.999 to $98.044.  NASS pegged the US cotton crop at 11% planted as of 4/20, now inline with the 5-year average pace.  CFTC Commitment of Traders … - [Risk-Off Sentiment in Asset Markets Undercuts Sugar Prices](https://todaymarkets.ae/risk-off-sentiment-in-asset-markets-undercuts-sugar-prices/): May NY world sugar #11 (SBK25) Monday closed down -0.12 (-0.67%), and August London ICE white sugar #5 (SWQ25) did not trade with markets closed in London for the Easter Monday holiday. NY sugar fell from a 1-week high Monday and posted moderate losses due to a sell-off in equity markets, which sparked risk-off sentiment … - [Resilient Global Cocoa Demand Pushes Cocoa Prices Higher](https://todaymarkets.ae/resilient-global-cocoa-demand-pushes-cocoa-prices-higher/): May ICE NY cocoa (CCK25) Monday closed up +445 (+5.32%), and May ICE London cocoa #7 (CAK25) did not trade with markets in London closed for the Easter Monday holiday. May NY cocoa rallied sharply to a 2-week high Monday on positive carryover from last week’s news that showed better-than-expected global cocoa demand.  Q1 North … - [Arabica Coffee Closes Lower on Risk-Off Sentiment in Asset Markets](https://todaymarkets.ae/arabica-coffee-closes-lower-on-risk-off-sentiment-in-asset-markets/): May arabica coffee (KCK25) Monday closed down -8.70 (-2.32%), and May ICE robusta coffee (RMK25) did not trade with markets closed in London for the Easter Monday holiday. Arabica coffee prices retreated Monday as a sell-off in the equity market sparked risk-off sentiment in asset markets and undercut commodity prices, including coffee.  An increase in … - [EUR/JPY attracts some sellers to near 161.50 amid safe-haven flows](https://todaymarkets.ae/eur-jpy-attracts-some-sellers-to-near-161-50-amid-safe-haven-flows/): The EUR/JPY cross attracts some sellers to around 161.65 during the early European session on Tuesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid concerns over US President Donald Trump’s tariffs and the escalating US-China trade war.  Persistent trade-related uncertainties triggered by Trump and his fresh attack on Federal Reserve (Fed) Chair Jerome Powell rattled markets. This, … - [GBP/JPY slides to three-day low, below 188.00 mark amid broadly stronger JPY](https://todaymarkets.ae/gbp-jpy-slides-to-three-day-low-below-188-00-mark-amid-broadly-stronger-jpy/): The GBP/JPY cross meets with fresh supply following an Asian session uptick to the 188.75 region and turns negative for the second consecutive day on Tuesday. Spot prices slide back below the 188.00 mark, hitting a three-day low in the last hour, and seem vulnerable to weaken further amid sustained buying around the Japanese Yen … - [JPY retains its bullish bias amid tariff jitters; USD/JPY languishes near 140.00 mark](https://todaymarkets.ae/jpy-retains-its-bullish-bias-amid-tariff-jitters-usd-jpy-languishes-near-140-00-mark/): The Japanese Yen (JPY) attract safe-haven flows for the third straight day on Tuesday amid worries that US President Donald Trump’s tariffs and the escalating US-China trade war might trigger a global recession. Apart from this, the growing acceptance that the Bank of Japan (BoJ) will continue raising interest rates in 2025 turns out to … - [Gold price surges towards $3,500; strong uptrend remains uninterrupted](https://todaymarkets.ae/gold-price-surges-towards-3500-strong-uptrend-remains-uninterrupted/): Gold price (XAU/USD) builds on the previous day’s breakout momentum beyond the $3,400 mark and continues scaling new record highs during the Asian session on Tuesday. Fears that US President Donald Trump’s tariffs and the escalating US-China trade war could dent global economic growth continue to boost demand for the traditional safe-haven bullion. Apart from … - [XAG/USD edges lower to near $32.50 as US Dollar stages a recovery](https://todaymarkets.ae/xag-usd-edges-lower-to-near-32-50-as-us-dollar-stages-a-recovery/): Silver price (XAG/USD) dips slightly during Tuesday’s Asian session, trading around $32.60 per troy ounce, after posting gains in the previous session. The grey metal is under pressure as the US Dollar (USD) regains strength. The US Dollar Index (DXY), which measures the Greenback against six major currencies, hovers near 98.30, supported by a rebound in the … - [WTI trades with positive bias, remains below $63.00 as bulls seem cautious amid tariff jitters](https://todaymarkets.ae/wti-trades-with-positive-bias-remains-below-63-00-as-bulls-seem-cautious-amid-tariff-jitters/): West Texas Intermediate (WTI) US Crude Oil prices edge higher during the Asian session on Tuesday, though the intraday uptick lacks bullish conviction. The commodity remains below a two-week high touched last Friday and currently trades around the $62.80-$62.85 region, up just over 0.30% for the day. Signs of progress in nuclear deal talks between the US and … - [EUR/USD Rises to near 1.1550, four-year highs](https://todaymarkets.ae/eur-usd-rises-to-near-1-1550-four-year-highs/): EUR/USD extends its gains for the third successive session, trading around 1.1530 during the Asian hours on Tuesday. The technical analysis of the daily chart suggests growing buying pressure and as the pair is moving upwards within an ascending channel pattern. Furthermore, the EUR/USD pair remains above the nine-day Exponential Moving Average (EMA), signalling strengthened short-term price … - [USD/INR softens as concerns over Fed’s independence rise](https://todaymarkets.ae/usd-inr-softens-as-concerns-over-feds-independence-rise/): The Indian Rupee (INR) edges higher on Tuesday after hitting a four-month high in the previous session. The rally in Indian equities could provide some support to the Indian currency. Additionally, anxiety over tariffs and criticism of US Federal Reserve (Fed) Chair Jerome Powell by US President Donald Trump could drag the US Dollar (USD) lower and benefit the … - [USD/CHF hovers near 0.8050, 14-year lows due to rising US uncertainty, safe-haven demand](https://todaymarkets.ae/usd-chf-hovers-near-0-8050-14-year-lows-due-to-rising-us-uncertainty-safe-haven-demand/): USD/CHF continues to slide for the third consecutive session, trading near 0.8070 during Tuesday’s Asian session. The pair remains under pressure as the US Dollar (USD) struggles against a backdrop of escalating economic and political uncertainty in the United States. This uncertainty has amplified the Swiss Franc’s (CHF) earlier gains, initially fueled by President Donald Trump’s aggressive reciprocal … - [AUD maintains position, traders focus on global trade negotiations](https://todaymarkets.ae/aud-maintains-position-traders-focus-on-global-trade-negotiations/): The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Tuesday. The AUD/USD pair appreciates as investor sentiment took a hit following renewed criticism from US President Donald Trump directed at Federal Reserve (Fed) Chair Jerome Powell, raising fresh concerns about the Fed’s independence. White House economic advisor Kevin Hassett said on Friday that Trump … - [USD/CAD Hangs near multi-month low; seems vulnerable around 1.3800](https://todaymarkets.ae/usd-cad-hangs-near-multi-month-low-seems-vulnerable-around-1-3800/): The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3780 region, or a six-month low, and attracts fresh sellers during the Asian session on Tuesday. Spot prices drop to the 1.3800 mark in the last hour and seem vulnerable to slide further amid a broadly weaker US Dollar (USD). US President Donald Trump’s back-and-forth tariff … - [Nvidia Shares Plunge 5%](https://todaymarkets.ae/nvidia-shares-plunge-5/): Nvidia shares are falling 5% in today’s trading, a harsh blow on a day when Trump’s pressure on the Fed is being negatively received. However, Nvidia shares face another threat: Huawei’s new chip shipment. Nvidia shares continue to suffer from Trump’s restrictions While Nvidia’s stock fell sharply last week after Trump imposed new restrictions on … - [Nvidia And Tesla Lose 4% as Sentiment Weakens on Wall Street](https://todaymarkets.ae/nvidia-and-tesla-lose-4-as-sentiment-weakens-on-wall-street/): U.S. indices open Monday’s session with losses. Concerns over the trade war have not stabilized over the weekend, and the scenario of no significant deals and further escalation between Washington and Beijing seems to be the base case. Today, no major economic data from the U.S. will be released, and earnings reports are coming from … - [Cocoa Surges 3.5% Triggered by Supportive Q1 Grindings in Europe And Asia](https://todaymarkets.ae/cocoa-surges-3-5-triggered-by-supportive-q1-grindings-in-europe-and-asia/): Cocoa futures (COCOA) are rising nearly 4% today on the ICE exchange. The momentum, fueled by supportive data from Europe and Asia, continues. Last Thursday, cocoa prices surged sharply in response to the first signs of stronger-than-expected global demand. Since then, momentum has pointed to renewed bullish activity, with prices briefly testing the $8,800 per … - [Chart of The Day - Nasdaq 100](https://todaymarkets.ae/chart-of-the-day-nasdaq-100-2/): Futures on the U.S. Nasdaq index (US100) are down nearly 1.3% today, and strong earnings and forecasts from Netflix—whose shares are up nearly 3% in pre-market trading—have not been enough to lift sentiment on Wall Street. This week, two U.S. Big Tech companies are set to report earnings: Tesla (Tuesday, April 22) and Alphabet (Thursday, … - [Bullish EUR/USD as Trump Rattles The Dollar With Threat to Remove Fed Chair Powell](https://todaymarkets.ae/bullish-eur-usd-as-trump-rattles-the-dollar-with-threat-to-remove-fed-chair-powell/): The euro is surging strongly today against the U.S. dollar (USDIDX), which is falling below 98—reaching levels not seen since March 2022. The EURUSD pair is climbing to local highs around 1.155. China has imposed sanctions on members of the U.S. Congress and warned of reciprocal tariffs in response to Washington’s hardline stance on the trade war. … - [Futures Start The Week Lower With The US500 Down 1.3%](https://todaymarkets.ae/futures-start-the-week-lower-with-the-us500-down-1-3/): Sentiment on Wall Street is weak in early Monday trading, with US500 futures down nearly 1.3%. The primary reason is that investors still see no signs of a de-escalation in trade tensions from either the U.S. or China. Beijing has reiterated that it will not accept what it calls the U.S.’s ‘imperial’ stance, and once … - [AUD/JPY falls below 90.50 due to rising odds of BoJ rate hikes](https://todaymarkets.ae/aud-jpy-falls-below-90-50-due-to-rising-odds-of-boj-rate-hikes/): The AUD/JPY pair extends its decline for a second straight session, hovering around 90.40 during Monday’s European trading hours. The Japanese Yen (JPY) continues to strengthen, supported by rising expectations that the Bank of Japan (BoJ) will persist with its interest rate hikes. BoJ Governor Kazuo Ueda recently stated that Japan’s real interest rates remain very low … - [EUR/USD breaks above 1.1500 as Trump mulls over Powell’s removal](https://todaymarkets.ae/eur-usd-breaks-above-1-1500-as-trump-mulls-over-powells-removal/): EUR/USD rallies to near 1.1570 at the start of the week, the highest level seen in three-and-a-half years. The major currency pair strengthens as the US Dollar (USD) falls further due to escalating doubts over its safe-haven status. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, refreshes a three-year low near … - [USD/CAD Declines to near 1.3800 as US Dollar nosedives](https://todaymarkets.ae/usd-cad-declines-to-near-1-3800-as-us-dollar-nosedives/): The USD/CAD pair slides to near 1.3800 in Monday’s European session, the lowest level seen in six months. The Loonie pair slumps as the US Dollar (USD) underperforms its peers, with the Federal Reserve (Fed) under threat from United States (US) President Donald Trump. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, plunges to … - [XAU/USD (GOLD) Surges 2%](https://todaymarkets.ae/xau-usd-gold-surges-2/): Gold hits record $3,400 near as Trump threatens to fire Fed chair, Powell; US dollar sinks 🗽 Gold (GOLD) is up over 2% today, driven by market uncertainty and a weakening U.S. dollar, which took a sharp hit as investors began seriously pricing in the risk of a leadership change at the Federal Reserve after Donald … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-3/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [USD/INR falls as traders brace for US-India trade talks](https://todaymarkets.ae/usd-inr-falls-as-traders-brace-for-us-india-trade-talks/): The Indian Rupee (INR) edges higher on Monday. The renewed foreign inflows and the US Dollar (USD) weakness continue to support the local currency. Concerns over the economic impact of new tariffs on the US economy dragged the Greenback lower.   US Vice President JD Vance arrives in New Delhi on Monday amid the global trade war … - [GBP/JPY Bearish outlook remains in play below 188.50](https://todaymarkets.ae/gbp-jpy-bearish-outlook-remains-in-play-below-188-50/): The GBP/JPY cross weakens to near 188.45 during the early European session on Monday. The ongoing uncertainty over US President Donald Trump’s trade tariffs continues to weigh on investors’ sentiment, which boosts safe-haven currencies like the Japanese Yen (JPY).  According to the daily chart, the bearish outlook of GBP/JPY remains in play as the cross remains … - [EUR/GBP rises above 0.8600, traders focus on US-UK trade talks](https://todaymarkets.ae/eur-gbp-rises-above-0-8600-traders-focus-on-us-uk-trade-talks/): EUR/GBP extends its gains for the second successive session, trading around 0.8600 during the Asian hours on Monday. The currency cross strengthens as the Euro (EUR) advances against its counterparts, supported by persistent weakness in the US Dollar (USD) amid rising concerns about a potential US recession and questions surrounding the Federal Reserve’s (Fed) independence. However, the Euro faced … - [XAG/USD bulls might await move beyond $33.00 before placing fresh bets](https://todaymarkets.ae/xag-usd-bulls-might-await-move-beyond-33-00-before-placing-fresh-bets/): Silver (XAG/USD) attracts some dip-buyers at the start of a new week and touches an intraday high, around the $32.80 region during the Asian session. The white metal, however, remains below the $33.00 mark and a nearly two-week high touched last Thursday, warranting some caution for bullish traders. From a technical perspective, the XAG/USD now seems … - [XAU/USD continues scaling new record highs amid trade jitters, bearish USD](https://todaymarkets.ae/xau-usd-continues-scaling-new-record-highs-amid-trade-jitters-bearish-usd/): Gold price (XAU/USD) regains strong positive traction following Friday’s modest downtick and climbs to a fresh all-time peak, closer to the $3,400 mark at the start of a new week. Trade war concerns continue to fuel recession fears and weigh on investors’ sentiment, which is evident from a weaker tone around the equity markets and … - [JPY adds to strong intraday gains against bearish USD amid the global rush to safety](https://todaymarkets.ae/jpy-adds-to-strong-intraday-gains-against-bearish-usd-amid-the-global-rush-to-safety/): The Japanese Yen (JPY) builds to its strong intraday gains against a broadly weaker US Dollar (USD) and drags the USD/JPY pair further below the 141.00 mark, to the lowest level since September 2024 during the Asian session on Monday. Investors remain worried about the potential economic fallout from the uncertainty about US President Donald Trump’s trade … - [Could BTC join Gold as a global hedge against US Dollar and yield decline?](https://todaymarkets.ae/could-btc-join-gold-as-a-global-hedge-against-us-dollar-and-yield-decline/): As the US dollar teeters on long-term support, yields flash warnings, and USD/JPY unravels, bitcoin’s structure points to a reversal—and a potential role alongside gold as a global safe-haven asset. Bitcoin and Gold: The new twin pillars of safety? A profound shift may be underway in how investors, institutions, and even governments perceive Bitcoin. Traditionally viewed as … - [NZD/USD holds gains above 0.5950 as PBoC maintains interest rates](https://todaymarkets.ae/nzd-usd-holds-gains-above-0-5950-as-pboc-maintains-interest-rates/): NZD/USD continues its winning streak that began on April 9, trading near 0.5970 during Monday’s Asian session. The New Zealand Dollar (NZD) is buoyed by a weaker US Dollar (USD), which is under pressure due to mounting concerns over the US economic fallout from US tariffs. The New Zealand Dollar remains stronger following Monday’s People’s … - [AUD maintains position as PBoC leaves rates unchanged](https://todaymarkets.ae/aud-maintains-position-as-pboc-leaves-rates-unchanged/): The Australian Dollar (AUD) recovers its losses from the previous session against the US Dollar (USD) on Monday. The AUD/USD pair held firm following the People’s Bank of China’s (PBoC) decision to keep its Loan Prime Rates unchanged, maintaining the one-year rate at 3.10% and the five-year rate at 3.60%. The AUD/USD pair gained support as the … - [GBP/USD extends the rally to near 1.3350 on softer US Dollar](https://todaymarkets.ae/gbp-usd-extends-the-rally-to-near-1-3350-on-softer-us-dollar/): The GBP/USD pair extends its upside to near 1.3350 during the early Asian session on Monday. The uptick of the major pair is bolstered by the softer US Dollar (USD) broadly as traders become increasingly confident that the economic policies of US President Donald Trump will lead the economy to a recession.  UK Prime Minister Keir Starmer and … - [USD/INR softens on renewed foreign inflows](https://todaymarkets.ae/usd-inr-softens-on-renewed-foreign-inflows/): The Indian Rupee (INR) edges higher on Monday. The renewed foreign inflows and the US Dollar (USD) weakness continue to support the local currency. Concerns over the economic impact of new tariffs on the US economy dragged the Greenback lower. Investors will closely monitor if US President Donald Trump’s administration reaches new trading agreements with partners.  Meanwhile, … - [USD/CHF breaks below 0.8100 near 14-year lows](https://todaymarkets.ae/usd-chf-breaks-below-0-8100-near-14-year-lows/): The USD/CHF pair dropped to 0.8069 during Monday’s Asian session, marking its lowest level since September 2011, and is trading around 0.8090. The US Dollar (USD) remains under pressure, weighed down by growing fears of economic fallout from the recently imposed US tariffs. The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, … - [EUR/USD rallies hard to reclaim 1.1500 for first time since November 2021](https://todaymarkets.ae/eur-usd-rallies-hard-to-reclaim-1-1500-for-first-time-since-november-2021/): major to clear the 1.1500 threshold for the first time since November 2021. Growing concerns over a US economic recession and the Federal Reserve’s (Fed) independence continue to exert downward pressure on the USD. Meanwhile, a lack of any progress on the trade talks between the US and the European Union (EU) also continues to … - [WTI trades with intraday losses below $63.00 amid progress in US-Iran nuclear talks](https://todaymarkets.ae/wti-trades-with-intraday-losses-below-63-00-amid-progress-in-us-iran-nuclear-talks/): West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a weaker note and for now, seems to have snapped a two-day winning streak to a near two-week high – levels just above the $64.00 mark touched on Friday. The commodity currently trades around the $62.80 region, down nearly 1.5% for the day, and … - [USD/CAD falls to near 1.3800, downside seems limited due to weaker Oil prices](https://todaymarkets.ae/usd-cad-falls-to-near-1-3800-downside-seems-limited-due-to-weaker-oil-prices/): USD/CAD depreciates after registering gains in the previous session, trading around a six-month low at 1.3802 during the Asian hours on Monday. The pair faces headwinds due to the weaker US Dollar (USD), remaining under pressure due to mounting concerns over the US economic fallout from US tariffs. The US Dollar Index (DXY), which measures the USD … - [The Daily Market Summary](https://todaymarkets.ae/the-daily-market-summary-2/): We wish you a peaceful Easter holiday! The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [Ripple Tests Key Support After a 40% Drop in 2025 Peak](https://todaymarkets.ae/ripple-tests-key-support-after-a-40-drop-in-2025-peak/): Bitcoin is consolidating in a narrow range between $82,000 and $86,000, while sentiment across the cryptocurrency market remains mostly subdued. Among the few exceptions, Ripple (XRP) has managed to retain a significant portion of its bull market gains—though the price has still plunged nearly 40% from its January 2025 highs, when XRP traded close to $3.30 per token. Today, HashKey Capital launched a fund offering institutional … - [EUR/USD Consolidates After Reaching 39-Month Highs](https://todaymarkets.ae/eur-usd-consolidates-after-reaching-39-month-highs/): The EUR/USD pair is consolidating after climbing to levels not seen since February 2022, yet it continues to trade near its 39-month highs. The euro remains supported by growing concerns over U.S. consumer strength, coupled with a gradual recovery in the European economy—expected to be further boosted in the coming quarters by a fiscal plan targeting infrastructure and defense … - [Cocoa Bottoms at $8k Per Tonne Mark But, Further Declines Not Ruled Out](https://todaymarkets.ae/cocoa-bottoms-at-8k-per-tonne-mark-but-further-declines-not-ruled-out/): Cocoa prices have lingered near the $8,000 per tonne mark for an extended period. The mid-crop harvest has recently commenced, although supplies from this season will not materialize until later in the year. Currently, the market continues to receive cocoa from the main crop, which has already undergone processing like drying and fermentation. Recent data … - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week-2/): In the coming week, geopolitical themes will once again take center stage for investors. The market awaits the first results of trade negotiations conducted by the U.S. with foreign partners, hoping for an easing of the current restrictions. At the same time, the quarterly earnings season continues in the United States. Interesting macroeconomic data will … - [Trade of The Day - CHF/JPY](https://todaymarkets.ae/trade-of-the-day-chf-jpy/): Facts:The pair bounced off the key technical support area at 173.25The pair is trading above the 100-period moving average from H4 interval Recommendation: Trade: Long position on CHFJPY at market priceTarget: 176.00, 177.25Stop: 172.22 Opinion: CHFJPY reached key technical support today. The price bounced off the lower limit of 1:1 structure, signalling that the short-term trend … - [Chart of The Day - NZD/USD](https://todaymarkets.ae/chart-of-the-day-nzd-usd-3/): The New Zealand dollar traded lower against the US dollar on Friday, settling at $0.591 as higher-than-expected inflation data failed to derail expectations for further RBNZ rate cuts. Inflation Bump Fails to Alter Rate Cut Path New Zealand’s annual inflation rate rose to 2.5% in Q1 2025, slightly above market forecasts of 2.3%, marking the … - [USD/JPY Holds losses below 142.50, support appears at seven-month lows](https://todaymarkets.ae/usd-jpy-holds-losses-below-142-50-support-appears-at-seven-month-lows/): USD/JPY inches lower after registering gains in the previous session, trading around 142.40 during the Asian session on Friday. An analysis of the daily chart showed the pair moves downward within a descending channel, indicating a confirmed bearish bias. The USD/JPY pair continues to trade below the nine-day Exponential Moving Average (EMA), signaling subdued short-term momentum. Meanwhile, … - [USD/CHF remains below 0.8200 due to muted trading activity](https://todaymarkets.ae/usd-chf-remains-below-0-8200-due-to-muted-trading-activity/): USD/CHF slipped slightly during Friday’s Asian trading hours, hovering around 0.8180, after posting gains in the previous session. The pair is under pressure as the US Dollar weakens amid mounting concerns over the economic fallout from US tariffs. Market activity remains muted due to the Good Friday holiday. Federal Reserve Chair Jerome Powell cautioned that persistent inflation coupled with a … - [Economic Calendar - Good Friday Holiday Impacts Markets](https://todaymarkets.ae/economic-calendar-good-friday-holiday-impacts-markets/): With global markets largely closed for the holiday, reaction to economic data will likely be delayed until markets reopen next week. Investors will be watching Fed Member Daly’s comments for any signals on monetary policy direction amid ongoing concerns about inflation and the economic impact of President Trump’s tariff policies. The CFTC speculative positions data … - [Mid Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-2/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Netflix Shares Gain 4% on Strong Q1 2025 Earnings Report](https://todaymarkets.ae/netflix-shares-gain-4-on-strong-q1-2025-earnings-report/): Netflix (NFLX.US) reported first-quarter results that beat expectations on both revenue and earnings per share. The results show that despite economic challenges and declining consumer sentiment in the U.S., entertainment spending remains very strong—both in North America (where revenues slightly missed expectations still up almost 10% YoY) and globally (where performance exceeded forecasts). The company’s operating … - [Corn Slips Lower into 3-day Weekend](https://todaymarkets.ae/corn-slips-lower-into-3-day-weekend/): Corn futures failed to hold the slight midday gains into the close on Thursday, with loses of fractionally to 2 cents. May was back down 8 cents this week, as December was up 2 ½ cents. The front month CmdtyView national average Cash Corn price was down 1 ¾ cents at $4.55 1/2. The markets will be … - [Soybeans Retreat into the Weekend](https://todaymarkets.ae/soybeans-retreat-into-the-weekend/): Soybeans fell lower on Thursday, with losses of 1 to 3 cents heading into the 3-day weekend. May beans were down 6 ¼ cents this week, as November was up 7 cents. CmdtyView’s national front month Cash Bean price was down 2 cents at $9.85 3/4. Soymeal futures was back down 90 cents to $1.00/ton, as Soy Oil futures are up … - [World wheat production for 2024/25 down just 1 MMT](https://todaymarkets.ae/world-wheat-production-for-2024-25-down-just-1-mmt/): The wheat markets closed the Thursday session on the mixed side, pulling back from early gains. Chicago SRW futures saw 1 to 2 cent gains to closed out Thursday, as May was down 7 cents this week. Kansas City HRW was the weak spot, steady to down 3 cents on the day, as May fall back … - [Gold price slides back closer to $3,300 amid tariff deals optimism](https://todaymarkets.ae/gold-price-slides-back-closer-to-3300-amid-tariff-deals-optimism/): Gold price (XAU/USD) struggles to capitalize on the previous day’s bounce from the vicinity of the $3,265-3,260 pivotal support and attracts fresh sellers during the Asian session on Tuesday. Despite mixed signals from the US and China, investors remain hopeful over the potential de-escalation of trade tensions between the world’s two largest economies. Furthermore, signs … - [XAG/USD holds losses near $33.00 as demand for metals weakens](https://todaymarkets.ae/xag-usd-holds-losses-near-33-00-as-demand-for-metals-weakens/): Silver price (XAG/USD) is depreciating after registering gains in the previous day, trading around $33.00 per troy ounce during the Asian hours on Tuesday. The safe-haven demand for precious metals, including Silver, continues to weaken as trade-war concerns ease. At the same time, dollar-denominated Silver loses its appeal, with the strengthening US Dollar (USD) making it … - [Cotton Weakness Starting on Monday](https://todaymarkets.ae/cotton-weakness-starting-on-monday/): Cotton price action is down 85 to 95 points on Monday morning. Futures posted Friday losses of 37 to 45 points to round out the week that saw July up 167 points. The outside markets were mixed, with crude oil futures back up 39 cents/barrel and the US dollar index up $0.202 to $99.370  Weekly … - [European Shares Start The Week In The Green](https://todaymarkets.ae/european-shares-start-the-week-in-the-green/): Overall market situation: Markets are resuming trading after the weekend. European index futures are trading higher. The German DAX is currently up 0.51% in the cash market, while the French CAC40 is adding 0.63%. The economic calendar for today’s session is relatively empty. Investors will focus on the upcoming comments on tariffs and quarterly earnings … - [Domino's Shares Fall Despite Solid Earnings](https://todaymarkets.ae/dominos-shares-fall-despite-solid-earnings/): Domino’s Pizza Inc. (DPZ) shares fell 2.2% in premarket trading Monday after the pizza chain’s mixed first-quarter results showed strength internationally but weakness in its domestic market. Q1 Results Show Mixed Performance Domino’s reported first-quarter earnings of $4.33 per share, up 21% from $3.58 per share a year earlier and above the analyst estimate of $4.05. However, … - [Gold edges lower with trade deals getting underway according to Bessent and Rollins](https://todaymarkets.ae/gold-edges-lower-with-trade-deals-getting-underway-according-to-bessent-and-rollins/): Gold price (XAU/USD) is dipping lower at the start of the week, trading around $3,280 at the time of writing on Monday. The correction comes after a television interview at ABC with United States (US) Treasury Secretary Scott Bessent on Sunday, who mentioned that several big deals were on the table with Asian countries. “If … - [GBP gains against US Dollar amid uncertainty over US-China trade talks ](https://todaymarkets.ae/gbp-gains-against-us-dollar-amid-uncertainty-over-us-china-trade-talks/): The Pound Sterling (GBP) jumps higher to near 1.3350 against the US Dollar (USD) in Monday’s European session. The GBP/USD pair gains as the US Dollar (USD) trades cautiously as investors try to seek clarity about whether the United States (US) and China are actively discussing the terms and conditions of a trade deal.  The US Dollar Index (DXY), … - [WTI falls to near $62.50 due to potential Iranian crude, OPEC+ production increase](https://todaymarkets.ae/wti-falls-to-near-62-50-due-to-potential-iranian-crude-opec-production-increase/): West Texas Intermediate (WTI) Oil price is trading lower at around $62.70 per barrel during the European hours on Monday. Crude Oil prices continue to decline as progress in US-Iran nuclear talks raises the prospect of Iranian crude re-entering the market. Furthermore, expectations that Organization of the Petroleum Exporting Countries and its allies, OPEC+, could … - [Chart of The Day - Bitcoin](https://todaymarkets.ae/chart-of-the-day-bitcoin-7/): Positive sentiment in the cryptocurrency market continues after the weekend. Bitcoin is gaining 1.10% today to 94,800 USD, and Ethereum is trading 0.80% higher around 1,806 USD. Liquidity is also starting to return to lower-cap projects, where we are seeing the first stronger gains since the beginning of the year. Last Monday, April 21, 2025, … - [Economic Calendar - A Quite Start to The Week](https://todaymarkets.ae/economic-calendar-a-quite-start-to-the-week/): We are starting the week in a fairly calm mood. No major macroeconomic reports are scheduled for today. However, later in the week, we will learn, among other things, labor market data from the United States on Wednesday and Friday. Moreover, earnings season is currently underway on Wall Street. This week, investors’ attention will turn … - [USD/CHF softens below 0.8300 amid US trade confusion](https://todaymarkets.ae/usd-chf-softens-below-0-8300-amid-us-trade-confusion/): The USD/CHF pair attracts some sellers to near 0.8270 during the early European session on Monday. Trade-related uncertainties between the US and China and persistent geopolitical risks boost the safe-haven demand, benefiting the Swiss Franc (CHF). The preliminary reading of the US Gross Domestic Product (GDP) for the first quarter (Q1) and the April employment report will … - [Looking at The Week Ahead](https://todaymarkets.ae/looking-at-the-week-ahead/): The Week Ahead: tech earnings, elections, and payrolls It could be a cautious start to the week for equities as the market focuses on US tech earnings and bank and auto results in the UK and Europe. US stock market futures are pointing to a lower open, however, Asian shares managed to eke out a … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-7/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [GBP/USD Finds support near 1.3300 after breaking below ascending channel](https://todaymarkets.ae/gbp-usd-finds-support-near-1-3300-after-breaking-below-ascending-channel/): The GBP/USD pair steadies around 1.3320 during Asian trading hours on Monday, after posting losses in the previous session. Technical analysis on the daily chart suggests a weakening bullish trend, as the pair breaks below its ascending channel pattern. However, the GBP/USD pair continues to trade above the nine-day Exponential Moving Average (EMA), reinforcing short-term bullish momentum. Additionally, the … - [EUR/GBP moves away from multi-week low, lacks bullish conviction and remains below mid-0.8500's](https://todaymarkets.ae/eur-gbp-moves-away-from-multi-week-low-lacks-bullish-conviction-and-remains-below-mid-0-8500s/): The EUR/GBP cross attracts some buyers during the Asian session on Monday, though it lacks bullish conviction and remains close to a nearly three-week low around the 0.8510 region touched on Friday. Spot prices currently trade just below mid-0.8500s, up less than 0.10% for the day. The British Pound’s (GBP) relative underperformance against its European … - [Markets to Watch This Week](https://todaymarkets.ae/markets-to-watch-this-week/): The trade war de-escalation has been a major driver of market fluctuations this week. Although hopes for an agreement between the US and China turned out to be premature, we are seeing significant gains on the US stock market, with major Wall Street indices reaching their highest levels since April 3rd and almost fully recovering … - [WTI trades with modest losses around $62.70-$62.65 area, downside seems limited](https://todaymarkets.ae/wti-trades-with-modest-losses-around-62-70-62-65-area-downside-seems-limited/): West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on modest gains registered over the past two days and attract some sellers near the $63.55 area during the Asian session on Monday. The commodity currently trades around the $62.65 region, down 0.50% for the day, though it lacks bearish conviction and remains confined … - [US Dollar Index remains above 97.00 due to easing US-China tensions](https://todaymarkets.ae/us-dollar-index-remains-above-97-00-due-to-easing-us-china-tensions/): The US Dollar Index (DXY), which tracks the USD against six major currencies, continues to rise for the second consecutive day, trading near 99.60 during Asian hours on Monday. The US Dollar (USD) strengthens amid signs of easing tensions between the US and China. On Friday, China exempted certain US imports from its 125% tariffs, fueling optimism … - [EUR/USD Keeps bullish vibe, first upside target emerges near 1.1400](https://todaymarkets.ae/eur-usd-keeps-bullish-vibe-first-upside-target-emerges-near-1-1400/): The EUR/USD pair trades on a flat note around 1.1360 during the Asian session on Monday. The Greenback steadies as traders are confused by mixed signals on US-China trade relations. Despite US President Donald Trump’s claims that there has been progress and that he has talked with China’s President Xi Jinping, Beijing has denied that trade … - [EUR/JPY slips below 163.00 as trade-related uncertainties benefit the safe-haven JPY](https://todaymarkets.ae/eur-jpy-slips-below-163-00-as-trade-related-uncertainties-benefit-the-safe-haven-jpy/): The EUR/JPY cross kicks off the new week on a weaker note and moves away from over a three-week top, around the 163.75 area touched on Friday. The downward trajectory drags spot prices back below the 163.00 mark during the Asian session, though it lacks bearish conviction. Mixed signals from the US and China temper … - [NZD/USD weakens to near 0.5950 despite potential fresh stimulus measures from China](https://todaymarkets.ae/nzd-usd-weakens-to-near-0-5950-despite-potential-fresh-stimulus-measures-from-china/): The NZD/USD pair softens to around 0.5950 during the Asian trading hours on Monday, pressured by the renewed US Dollar (USD) demand. Signs that global trade tensions between the United States and China may be easing provide some support to the Greenback. Traders assess China’s press conference about policies and measures on Monday.  The Politburo emphasized … - [XAG/USD breaks below $33.00 as safe-haven demand weakens](https://todaymarkets.ae/xag-usd-breaks-below-33-00-as-safe-haven-demand-weakens/): Silver price (XAG/USD) continues to lose ground for the second straight day, hovering around $32.80 per troy during Asian trading hours on Monday. The precious metal faces pressure as improving trade relations between the United States (US) and China diminish its safe-haven appeal. On Friday, reports indicated that China had exempted certain US imports from its … - [AUD depreciates as the US Dollar strengthens due to easing US-China tensions](https://todaymarkets.ae/aud-depreciates-as-the-us-dollar-strengthens-due-to-easing-us-china-tensions/): The Australian Dollar (AUD) is extending loses for the second successive session on Monday. The AUD/USD pair is under pressure as the US Dollar (USD) strengthens amid signs of easing tensions between the US and China. China exempted certain US imports from its 125% tariffs on Friday, according to business sources. The move has fueled hopes that … - [Gold price languishes below $3,300; last week’s swing low holds the key for bulls](https://todaymarkets.ae/gold-price-languishes-below-3300-last-weeks-swing-low-holds-the-key-for-bulls/): Gold price (XAU/USD) attracts fresh sellers at the start of a new week and drops to the $3,268-3,267 area, back closer to Friday’s swing low, during the Asian session. Despite mixed signals from the US and China, investors remain hopeful over the potential de-escalation of trade tensions between the world’s two largest economies. Apart from … - [JPY extends its consolidative price move; USD/JPY holds steady above mid-143.00s](https://todaymarkets.ae/jpy-extends-its-consolidative-price-move-usd-jpy-holds-steady-above-mid-143-00s/): The Japanese Yen (JPY) oscillates in a narrow trading band at the start of a new week and remains close to a two-week trough touched against its American counterpart on Friday. Mixed signals from the US and China temper hopes for a quick resolution of the trade conflict between the world’s two largest economies, which, … - [USD/INR flat lines as India-Pakistan tensions rise in Kashmir](https://todaymarkets.ae/usd-inr-flat-lines-as-india-pakistan-tensions-rise-in-kashmir/): The Indian Rupee (INR) holds steady on Monday. Rising tension with Pakistan could trigger a risk-off sentiment among traders, which might drag the Indian currency lower. The ceasefire violation along the Line of Control (LoC) came days after the Pahalgam terror attack, which killed 26 people, mostly tourists, in the Baisaran valley near Pahalgam, Jammu … - [Bitcoin price could reach $285K by 2030 as Citigroup forecasts $1.6 trillion stablecoin inflows](https://todaymarkets.ae/bitcoin-price-could-reach-285k-by-2030-as-citigroup-forecasts-1-6-trillion-stablecoin-inflows/): Bitcoin price outlook strengthens as Citigroup projects $1.6 trillion stablecoin growth, calling them critical bridges between banks and blockchain. Citigroup predicts stablecoin market cap will hit $1.6 trillion by 2030 Global investment bank Citigroup has forecasted a dramatic rise in stablecoin adoption, projecting the market could expand to $1.6 trillion by the end of 2030. In a … - [GBP/USD slips despite strong UK Retail Sales as USD dominance prevails](https://todaymarkets.ae/gbp-usd-slips-despite-strong-uk-retail-sales-as-usd-dominance-prevails/): The Pound Sterling registers losses against the strong US Dollar, yet it remains above 1.3300.  A strong UK Retail Sales report failed to underpin Cable, which registers losses of 0.20% as the GBP/USD trades at 1.3311. GBP/USD holds above 1.3300 amid weak US sentiment, hot inflation expectations, and ongoing tariff drama The financial markets’ narrative hasn’t changed, … - [EUR/USD - Euro steadies near 1.1400 after soft pullback](https://todaymarkets.ae/eur-usd-euro-steadies-near-1-1400-after-soft-pullback/): The EURUSD pair was seen hovering near the 1.1400 region on Friday after easing slightly in the aftermath of the European session. The pair is consolidating within a narrow range between 1.1315 and 1.1391, reflecting a pause in bullish momentum while still holding ground near recent highs. Technically, the broader picture remains constructive. The 20-day, … - [EUR/GBP Price Analysis: Euro steadies near 0.8500 amid mixed signals](https://todaymarkets.ae/eur-gbp-price-analysis-euro-steadies-near-0-8500-amid-mixed-signals/): The EUR/GBP pair was seen trading near the 0.8500 mark during Friday’s session, edging lower intraday yet holding within the mid-range of 0.8511 to 0.8548. Investors appear cautious amid a light macroeconomic backdrop, with the pair moving in sync with subtle shifts in broader market sentiment. Technically, the pair continues to exhibit a bullish structure … - [USD/CAD holds firm as mixed trade headlines cloud USD outlook](https://todaymarkets.ae/usd-cad-holds-firm-as-mixed-trade-headlines-cloud-usd-outlook/): The USD/CAD pair holds steady around the 1.3900 zone on Friday as markets weigh fresh US-China trade headlines and stronger oil prices against a firmer Greenback. The US Dollar Index (DXY) is trading higher near 99.60, supported by comments from US President Donald Trump suggesting talks with China are ongoing. However, these claims were quickly disputed by the Chinese … - [Dow Jones dips as trade uncertainty lingers, consumer sentiment sinks](https://todaymarkets.ae/dow-jones-dips-as-trade-uncertainty-lingers-consumer-sentiment-sinks/): The Dow Jones Industrial Average (DJIA) registered losses of over 0.32% on Friday amid uncertainty over the trade war between the US and China. However, as news broke that China may exempt some US goods from tariffs, Beijing seemed to have de-escalated tensions.  This and a deterioration in US consumer sentiment kept the DJIA hovering … - [US Dollar climbs as trade rumours fuel market speculation](https://todaymarkets.ae/us-dollar-climbs-as-trade-rumours-fuel-market-speculation/): The US Dollar (USD) strengthens modestly on Friday as investors digest contradictory messaging from the United States and China regarding potential tariff negotiations. While President Donald Trump suggested dialogue is ongoing, Beijing explicitly denied any current talks. This divergence injected volatility into markets, though the Greenback maintained an edge, with the US Dollar Index (DXY) up around … - [Gold price crumbles below $3,300 as trade hopes fade, US Dollar stays firm](https://todaymarkets.ae/gold-price-crumbles-below-3300-as-trade-hopes-fade-us-dollar-stays-firm/): Gold price made a U-turn and erased Thursday’s gains, falling below the $3,300 mark as the Greenback remained bid and Bullion failed to capitalize on falling US Treasury yields. A de-escalation of the trade war between the US and China sponsored a leg-down in the precious metal, which exchanged hands at $3,294, losing over 1.60%. … - [Mexican Peso climbs on strong data, risk-on mood weighing on US Dollar](https://todaymarkets.ae/mexican-peso-climbs-on-strong-data-risk-on-mood-weighing-on-us-dollar/): The Mexican Peso extended its gains against the US Dollar for the second consecutive day, poised to finish the week with gains of 0.89%, sponsored by an improvement in risk appetite and better-than-expected Mexico economic data. At the time of writing, the USD/MXN trades at 19.52, down 0.32%. Wall Street closed with gains in Friday’s session, even … - [One ‘Strong Buy’ Stock Is Already Surging on Trump’s Tariffs.](https://todaymarkets.ae/one-strong-buy-stock-is-already-surging-on-trumps-tariffs/): First Solar (FSLR) is a solar company that focuses on designing, manufacturing, and marketing its photovoltaic (PV) solar modules with the help of cadmium telluride (CdTe) technology. The company also sells power systems and provides maintenance and operational services to its customers. Founded in 1999, the company has its manufacturing plants in the U.S., Vietnam, and Malaysia … - [Crude Prices Moderately Higher on Hopes of De-Escalation of Tariffs](https://todaymarkets.ae/crude-prices-moderately-higher-on-hopes-of-de-escalation-of-tariffs/): June WTI crude oil (CLM25) Friday closed up +0.23 (+0.37%), and June RBOB gasoline (RBM25) closed up +0.0109 (+0.52%). Crude oil and gasoline prices settled moderately higher on Friday.  The hope that the US-China trade war would de-escalate gave crude prices a boost after Bloomberg reported that the Chinese government was considering suspending the 125% … - [Technical Short Covering Lifts Nat-Gas Prices](https://todaymarkets.ae/technical-short-covering-lifts-nat-gas-prices/): May Nymex natural gas (NGK25) on Friday closed up by +0.007 (+0.24%). May nat-gas prices posted modest gains on Friday as the month-long plunge pushed prices into oversold territory, which sparked technical short-covering in nat-gas futures. On Thursday, nat-has prices tumbled to a 5-month nearest-futures low as the warm US spring weather has dampened heating … - [Corn Close on a Mixed Note](https://todaymarkets.ae/corn-close-on-a-mixed-note/): The corn market closed Friday with contracts mixed, as nearbys were up 1 ½ cents and new crop December down ¾ cent. May was down 3 ½ cents on the week. The nearby CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.52 3/4.  USDA reported a private export sale of 235,000 MT of … - [Soybeans Slip Lower into the Weekend](https://todaymarkets.ae/soybeans-slip-lower-into-the-weekend/): Soybeans slipped into the Friday close as fractional to 3 ¼ cent losses pulled the weekly gains to just 13 ¼ cents for the May contract. CmdtyView’s national front month Cash Bean price was down 3 cents at $10.03 ¾. Soymeal futures were up $1.30/ton, to slip $5.60 on the week. Soy Oil futures were down 44 points on the session, … - [Wheat Closes Friday with Mixed Action](https://todaymarkets.ae/wheat-closes-friday-with-mixed-action/): The wheat complex closed Friday on a mixed note, as futures failed to hold much strength into the close. Chicago SRW futures settled with slight fractional gains, as May was 18 ¾ cents in the red this week. Kansas City HRW contracts were able to sneak out fractional gains in the front months, as May fell … - [Cotton Pull Back on Friday](https://todaymarkets.ae/cotton-pull-back-on-friday/): Cotton futures posted Friday losses of 37 to 45 points to round out the week that saw July up 167 points. The outside markets were mixed, with crude oil futures back up 39 cents/barrel and the US dollar index up $0.202 to $99.370 Weekly CFTC data showed spec funds trimming another 4,981 contracts from their net … - [Sugar Prices Climb to 2-Week Highs on Brazil Crop Worries](https://todaymarkets.ae/sugar-prices-climb-to-2-week-highs-on-brazil-crop-worries/): May NY world sugar #11 (SBK25) Friday closed up +0.26 (+1.45%), and August London ICE white sugar #5 (SWQ25) closed up +9.50 (+1.88%). Sugar prices on Friday rose to 2-week highs and settled moderately higher.  Dry weather in Brazil may curb sugarcane yields and is boosting prices.  Brazil forecaster Somar Meteorologia said the chances for … - [Cocoa Prices Rise as the Pace of Ivory Coast Cocoa Exports Slows](https://todaymarkets.ae/cocoa-prices-rise-as-the-pace-of-ivory-coast-cocoa-exports-slows/): July ICE NY cocoa (CCN25) Friday closed up +261 (+2.86%), and May ICE London cocoa #7 (CAK25) closed up +104 (+1.63%). Cocoa prices on Friday extended this week’s rally, with NY cocoa posting a 2-1/4 month high.  Supply concerns are boosting cocoa prices as the pace of Ivory Coast cocoa exports has slowed.  Tuesday’s government … - [Arabica Coffee Settles Higher on Brazil Coffee Crop Concerns](https://todaymarkets.ae/arabica-coffee-settles-higher-on-brazil-coffee-crop-concerns/): July arabica coffee (KCN25) Friday closed up +1.05 (+0.26%), and July ICE robusta coffee (RMN25) closed down -12 (-0.22%). Coffee prices settled mixed on Friday, with arabica posting a 7-week high.  Concerns about a smaller Brazil coffee crop are pushing arabica prices higher.  On Tuesday, Rabobank predicted Brazil’s 2025/26 arabica coffee crop would fall -13.6% … - [Final UoM Sentiments Slightly Higher, One Year Inflation Expectations Lower](https://todaymarkets.ae/final-uom-sentiments-slightly-higher-one-year-inflation-expectations-lower/): University Michigan Sentiment (Final, for April): 52.2 (Forecast 50.5, Previous 50.8) University Michigan 5 Yr Inflation Final: 4.4% (Forecast 4.4%, Previous 4.4%) Sentiments on Wall Street are mixed; US30 almost didn’t react to slightly better UoM reading for stocks, still losing 0.55%. US30 is traded today still almost 1800 pts below EMA200. Source: xStation5 The … - [WTI tumbles to near $62.00 on OPEC’s supply increase, potential demand concerns](https://todaymarkets.ae/wti-tumbles-to-near-62-00-on-opecs-supply-increase-potential-demand-concerns/): West Texas Intermediate (WTI), futures on NYMEX, is down over 1% to near $62.00 during European trading hours on Friday. The Oil price is down to near the lower end of the weekly range as investors start discounting the impact of a significant increase in production by OPEC+ members in the near-term. Latest reports pointing … - [USD/JPY - Danske Bank Recommendation](https://todaymarkets.ae/usd-jpy-danske-bank-recommendation/): Danske Research has issued a recommendation for the USDJPY currency pair. The institution recommends taking a short pending position on the pair with the following levels: Entry (Sell Limit): 145.50 Take Profit: 138.00Stop Loss: 148.50 Danske Research recommends taking a short pending position on the USDJPY pair with a limit order at 145.50, a target … - [Coffee Prices Hit One Month Highs on Brazilian Crop Concerns](https://todaymarkets.ae/coffee-prices-hit-one-month-highs-on-brazilian-crop-concerns/): Coffee prices have surged to their highest level in a month, fuelled by growing concerns over Brazilian harvests. Recent limited rainfall in the country has significantly dampened the production outlook for Arabica beans. Rabobank, a key financial institution providing analysis for agricultural commodity markets, indicated in a report last Tuesday that Brazil’s Arabica output for … - [Weekly roundup: Stock market recovery persists](https://todaymarkets.ae/weekly-roundup-stock-market-recovery-persists/): Stocks are on track for another weekly gain, and the recovery continues once more on Friday. Stock markets globally are a sea of green. The S&P 500 is currently higher by nearly 4% in the past 5 days, the Nasdaq is higher by more than 5%. European indices are also pulling higher,  the Eurostoxx index … - [Trade of The Day - USD/JPY](https://todaymarkets.ae/trade-of-the-day-usd-jpy-3/): Facts: Recommendation: Opinion: The RSI is in bullish divergence, forming higher highs and approaching a level that recently served as a strong reversal zone. A break above this level could signal renewed bullish control. The MACD is widening following a bullish crossover. The take-profit level is set just below the 38.2% Fibonacci retracement, which coincides … - [European Stocks Looking to End The Week in Green](https://todaymarkets.ae/european-stocks-looking-to-end-the-week-in-green/): European markets are showing mixed performance with a positive bias. The volatility gauge VSTOXX declined -0.22% to 22.18, while Spain’s SPA35 rose 0.71% to 13275. Several markets recorded gains, with Italy’s ITA40 leading (+0.46% to 36622), followed by Austria’s AUT20 (+0.54% to 3926). Germany’s DE40 gained 0.29% to 22340.6, and France’s FRA40 rose 0.27% to … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-9/): The Japanese yen weakened against the US dollar on Friday, with USD/JPY climbing 0.7% as Tokyo inflation data surged while trade tensions with the United States continued. Inflation Surge Raises Rate Expectations Tokyo’s core inflation jumped to 3.4% year-on-year in April from 2.4% in March, exceeding forecasts of 3.2%. This marked a two-year high, pushing well … - [Talking Google Results - AI on The Rise](https://todaymarkets.ae/talking-google-results-ai-on-the-rise/): Alphabet provided a boost to financial markets late on Thursday after its earnings report smashed forecasts. The company reported $90.2bn in quarterly revenue, higher than the $89.2bn expected, and a 12% increase YoY. The company’s profitability also surpassed expectations, with $2.81 earnings per share, vs. expectations of $2.01. This has helped boost the stock in … - [Alphabet Beat Expectations With Strong Q1 2025 Results](https://todaymarkets.ae/alphabet-beat-expectations-with-strong-q1-2025-results/): Alphabet (GOOGL.US) reported significantly better-than-expected results for Q1 2025, beating market expectations. The company demonstrated strong revenue growth dynamics in key segments and delivered a markedly improved operating result, particularly evident in the crucial cloud segment. The company’s shares are up more than 4% in after-hours trading. Alphabet shares are up more than 4% in … - [UK Retail Sales Higher Than Expected](https://todaymarkets.ae/uk-retail-sales-higher-than-expected/): 07:00 BST – UK Retail Sales for March Office for National Statistics highlights: Clothing and outdoor retailers reported that good weather boosted sales (+3.7 MoM). These increases were partly offset by falls in supermarket sales. GBPUSD has gained after the data release. The material on this page does not constitute financial advice and does not take into account … - [Economic Calendar - UK Retail Sales And U.S. Consumer Sentiment in Focus](https://todaymarkets.ae/economic-calendar-uk-retail-sales-and-u-s-consumer-sentiment-in-focus/): Today’s economic calendar features UK retail sales data and US Michigan consumer sentiment readings. Markets will be monitoring these indicators for signs of consumer strength and inflation expectations amid ongoing global trade tensions, with no major central bank speakers scheduled. Key Economic Data (BST) 07:00 – UK Retail Sales Data 13:30 – Canadian Retail Sales … - [USD/CHF maintains position above 0.8300 due to US-China trade optimism](https://todaymarkets.ae/usd-chf-maintains-position-above-0-8300-due-to-us-china-trade-optimism/): USD/CHF recovered its previous session losses and is trading around 0.8320 during the Asian session on Friday. The US Dollar (USD) is strengthening as investor sentiment improves, driven by a Bloomberg report suggesting China may suspend its 125% tariffs on select US imports, including medical equipment, ethane, and aircraft leasing. Sources familiar with the matter … - [USD/INR drifts lower on positive US-India trade talks](https://todaymarkets.ae/usd-inr-drifts-lower-on-positive-us-india-trade-talks/): The Indian Rupee (INR) strengthens on Friday. The optimism surrounding US-India trade talks provides some support to the Indian currency. Currently, the 26% reciprocal tariff on India that the US imposed is on a 90-day pause. The suspension will expire on July 8. However, India does face a 10% tariff as other nations per the … - [GBP/USD breaks below 1.3300 ahead of UK Retail Sales data](https://todaymarkets.ae/gbp-usd-breaks-below-1-3300-ahead-of-uk-retail-sales-data/): GBP/USD is retracing its recent gains, hovering around 1.3290 during Friday’s Asian session. The Pound Sterling (GBP) faces challenges as GfK Consumer Confidence in the United Kingdom (UK), slipped to -23 in April—its lowest level since November 2023—amid rising living costs and growing global trade concerns, missing forecasts of -22. Traders now await UK Retail Sales data … - [XAG/USD trades around mid-$33.00s; just below multi-week top](https://todaymarkets.ae/xag-usd-trades-around-mid-33-00s-just-below-multi-week-top/): Silver (XAG/USD) edges lower after testing the three-week top during the Asian session on Friday and currently trades around the mid-$33.00s, down 0.30% for the day. The technical setup, however, warrants caution before positioning for any meaningful depreciating move. This week’s breakout above the $33.00 round figure, representing the top end of a multi-day-old range and … - [WTI climbs toward $63.00, remains headed for a weekly loss amid oversupply worries](https://todaymarkets.ae/wti-climbs-toward-63-00-remains-headed-for-a-weekly-loss-amid-oversupply-worries/): West Texas Intermediate (WTI) Oil price extends its gains for a second straight day, trading around $62.80 during Friday’s Asian session. Despite the uptick, prices remain on course for a weekly decline due to mounting oversupply concerns fueled by the potential for increased OPEC+, the Organization of the Petroleum Exporting Countries and its allies, output. … - [EUR/JPY Rises above 162.50, nine-day EMA](https://todaymarkets.ae/eur-jpy-rises-above-162-50-nine-day-ema/): EUR/JPY extends its gains for the third successive session, trading around 162.80 during the Asian hours on Friday. Technical analysis of the daily chart shows the currency cross consolidating within an ascending channel, reinforcing a bullish outlook. Moreover, the 14-day Relative Strength Index (RSI) holds above the 50 mark, reinforcing the bullish bias. The currency cross also trades above the … - [Gold price consolidates in a range; bulls have the upper hand while above $3,300](https://todaymarkets.ae/gold-price-consolidates-in-a-range-bulls-have-the-upper-hand-while-above-3300/): Gold price (XAU/USD) struggles to capitalize on the previous day’s move higher and oscillates in a narrow trading band during the Asian session on Friday amid mixed fundamental cues. Signs of easing tensions between the US and China – the world’s two largest economies – remain supportive of a positive tone around the equity markets. … - [AUD/JPY hits multi-week high, around 92.00 amid signs of easing US-China trade tensions](https://todaymarkets.ae/aud-jpy-hits-multi-week-high-around-92-00-amid-signs-of-easing-us-china-trade-tensions/): The AUD/JPY cross attracts some follow-through buyers for the third successive day and touches over a three-week top, around the 92.00 mark during the Asian session on Friday. Moreover, the supportive fundamental backdrop suggests that the path of least resistance for spot prices remains to the upside. Signs of easing US-China tensions continue to fuel … - [AUD advances as China considers suspending tariffs on US imports](https://todaymarkets.ae/aud-advances-as-china-considers-suspending-tariffs-on-us-imports/): The Australian Dollar (AUD) extends gains for the second successive session against the US Dollar (USD) on Friday following a Bloomberg report, citing sources familiar with the matter, China is weighing the suspension of its 125% tariff on certain US imports, including medical equipment, ethane, and aircraft leasing. The sources also indicated that officials are … - [Soybeans Rally into Close, with Bean Oil Support](https://todaymarkets.ae/soybeans-rally-into-close-with-bean-oil-support/): Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents. CmdtyView’s national front month Cash Bean price was up 15 1/4 cents at $10.06 ¾. Soymeal futures were down $1.20 to $2.10/ton, as Soy Oil futures were up 103 to 174 points on the session.  Price limits are set to be widened by a nickel on … - [Cotton Sneaking Out Midday Gains](https://todaymarkets.ae/cotton-sneaking-out-midday-gains/): Cotton futures are trading with gains of 18 to 41 points on Thursday with May down 208 points on first notice day. The outside markets are supportive, with crude oil futures back up 63 cents/barrel and the US dollar index down $0.476 to $99.160. Export Sales data showed just 104,005 RB of cotton sold in the … - [Sugar Prices Pressured by Expectations of Increased Brazil Sugar Production](https://todaymarkets.ae/sugar-prices-pressured-by-expectations-of-increased-brazil-sugar-production/): May NY world sugar #11 (SBK25) Thursday closed down -0.02 (-0.11%), and August London ICE white sugar #5 (SWQ25) closed up +1.20 (+0.24%). Sugar prices on Thursday settled mixed.  Prices were under pressure Thursday on negative carryover from Wednesday when the USDA’s Foreign Agricultural Service (FAS) projected that Brazil’s 2025/26 sugar production would rise +2.3% … - [Cocoa Prices Settle Moderately Higher on Supply Concerns](https://todaymarkets.ae/cocoa-prices-settle-moderately-higher-on-supply-concerns/): July ICE NY cocoa (CCN25) Thursday closed up +250 (+2.81%), and May ICE London cocoa #7 (CAK25) closed up +59 (+0.93%). Cocoa prices on Thursday settled moderately higher but remained below Wednesday’s significant highs.  On Wednesday, NY cocoa posted a 2-1/2 month high, and London cocoa posted a 2-1/2 week high on supply concerns.  Recent … - [Coffee Prices Rally on Dollar Weakness and Brazil Crop Concerns](https://todaymarkets.ae/coffee-prices-rally-on-dollar-weakness-and-brazil-crop-concerns/): July arabica coffee (KCN25) Thursday closed up +13.05 (+3.38%), and May ICE robusta coffee (RMK25) closed up +56 (+1.05%). Coffee prices on Thursday extended this week’s rally, with arabica climbing to a 4-week high and robusta posting a 1-week high.  Thursday’s weaker dollar (DXY00) was supportive of most commodity prices, including coffee.  Also, forecasts for … - [Muted USD After Strong Durable Goods Orders Data](https://todaymarkets.ae/muted-usd-after-strong-durable-goods-orders-data/): United States – Durable Goods Orders for March: Jobless claims: The strong orders were the results of a single order for aircraft. The euro gained slightly against the USD after the reading. The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial … - [PepsiCo Shares Loose 1% After Q1 Results](https://todaymarkets.ae/pepsico-shares-loose-1-after-q1-results/): PepsiCo (PEP.US) reported first-quarter results that missed analysts’ average estimates. The company now expects earnings per share in constant currency to be roughly flat from a year earlier, with growth in the mid-single digits. However, the company lowered its guidance from earlier expectations as unpredictable U.S. trade policy and declining consumer sentiment raise costs and reduce … - [Procter And Gamble Shares Fall Due to Lower Full Year Outlook](https://todaymarkets.ae/procter-and-gamble-shares-fall-due-to-lower-full-year-outlook/): Procter & Gamble Co. (PG.US) shares fell 2% on Thursday after the consumer products giant cut its full-year sales and profit outlook amid challenging market conditions and trade tensions. Q3 Results Miss Expectations P&G reported third-quarter earnings of $1.54 per share, slightly above the $1.53 analyst estimate, but sales declined 2% to $19.78 billion, missing … - [Earnings Take Center Stage as Rally Takes a Pause](https://todaymarkets.ae/earnings-take-center-stage-as-rally-takes-a-pause/): Stock markets are a bit lost as we move towards Thursday. Concerns that earnings data is weak for Q1 in Europe and the US, a delay in US and China trade negotiations, and delays to a Ukraine and Russia peace deal are also hurting overall sentiment. Vix remains stable, which suggests ‘bumpy recovery’ ahead European … - [Chart of The Day - USDIDX](https://todaymarkets.ae/chart-of-the-day-usdidx-2/): The dollar is back under pressure following a series of ambiguous statements from the White House regarding ongoing trade negotiations between the U.S. and its partners. The USDIDX is down by approximately 0.5%, with capital primarily flowing into “safe havens” such as the yen, franc, and euro. Falling confidence in the dollar is also fueling … - [ServiceNow (NOW.US) shares are up 10% in pre-market trading today](https://todaymarkets.ae/servicenow-now-us-shares-are-up-10-in-pre-market-trading-today/): ServiceNow (NOW.US) shares are up 10% in pre-market trading today, following the company’s stronger-than-expected first-quarter 2025 earnings report. As a leader in enterprise software, ServiceNow is well known for its AI-powered workflow solutions that streamline operations. The company beat market expectations across all key business metrics. ServiceNow Q1 2025 Results Revenue Composition and Geographic Breakdown … - [TRUMP, Brett, Solayer: Here’s why meme coins are in the green as Bitcoin’s momentum falters](https://todaymarkets.ae/trump-brett-solayer-heres-why-meme-coins-are-in-the-green-as-bitcoins-momentum-falters/): The cryptocurrency market climbed higher on Tuesday and Wednesday, building on improving risk-on sentiment after United States (US) President Donald Trump softened his tone on the Federal Reserve (Fed) Chair Jerome Powell and China. Bitcoin (BTC) surged, reaching a 51-day high of $94,696. Altcoins, including meme coins, rallied behind BTC, with some, such as Official Trump (TRUMP), Brett, and Solayer (Layer), … - [BlackRock Bitcoin fund wins best new ETF on $643M inflow day](https://todaymarkets.ae/blackrock-bitcoin-fund-wins-best-new-etf-on-643m-inflow-day/) - [Weak Sales From Gucci And Yves Saint Laurent Push Kering Shares to 2025 Lows](https://todaymarkets.ae/weak-sales-from-gucci-and-yves-saint-laurent-push-kering-shares-to-2025-lows/): Shares of Kering (KER.FR), which is responsible for brands such as Gucci and Yves Saint Laurent, are down 5% today after Q1 results fell short of expectations. Gucci sales fell 25% in the first quarter. Efforts to revive Kering SA’s biggest brand have shown no signs of turning around amid a difficult period for the luxury … - [Economic Calendar - Jobless Claims Shadowed By Trade Negotiations](https://todaymarkets.ae/economic-calendar-jobless-claims-shadowed-by-trade-negotiations/): The White House’s narrative swings on tariffs continue to play the leading role in market sentiment, but today will also bring important data relevant to the Federal Reserve’s positioning. Donald Trump stated yesterday that “Jerome Powell is making a mistake by not cutting interest rates,” yet inflation uncertainty and a stable labor market still support the … - [US Dollar Index loses ground as uncertainty persists over Trump’s tariff policy](https://todaymarkets.ae/us-dollar-index-loses-ground-as-uncertainty-persists-over-trumps-tariff-policy/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges lower to near 99.60 on Thursday amid mitigating concerns over potential tariff threats by US President Donald Trump.  Businesses dealing with the early stages of Trump’s tariffs are looking for ways to pass increasing … - [The corn market fell lower with losses of 3 to 4 cents across the front months.](https://todaymarkets.ae/the-corn-market-fell-lower-with-losses-of-3-to-4-cents-across-the-front-months/): The corn market fell lower on Wednesday, with losses of 3 to 4 cents across the front months. The nearby CmdtyView national average Cash Corn price is down 2 ¾ cents at $4.46 3/4. Pressure also came from a stronger dollar index. Weekly EIA data showed ethanol production rising 21,000 barrels per day in the week that … - [Soybeans Hold Gains](https://todaymarkets.ae/soybeans-hold-gains/): The soybean market held onto gains on Wednesday, with contracts closing 1 to 6 cents higher. CmdtyView’s national front month Cash Bean price was up 5 1/4 cents at $9.90 1/2. Soymeal futures were mixed, with front months 20 cents to $1.10/ton lower, as Soy Oil futures were up 5 to 33 points on the session.  The market was supported from … - [Wheat Weakness Continues](https://todaymarkets.ae/wheat-weakness-continues/): Wheat posted Wednesday losses across the three markets. Chicago SRW futures were down 6 to 8 cents at the final bell. Kansas City HRW contracts were 8 to 9 cents lower at the close.  MPLS spring wheat closed the Wednesday session with contracts down 3 to  cents. The next few days shows precipitation across much of the … - [Cotton futures rallied across most contracts ](https://todaymarkets.ae/cotton-futures-rallied-across-most-contracts/): Cotton futures rallied across most contracts on Wednesday, with gains of 126 to 181 points. That was despite less than supportive outside market activity, with crude oil futures back down $2.03 /barrel and the US dollar index up $1.015 to $99.705. The market was supported from chatter of easing trade tensions with China, though nothing has … - [Sugar Prices Slip As USDA Projects Higher Brazil Sugar Production](https://todaymarkets.ae/sugar-prices-slip-as-usda-projects-higher-brazil-sugar-production/): May NY world sugar #11 (SBK25) Wednesday closed down -0.05 (-0.28%), and August London ICE white sugar #5 (SWQ25) closed down -2.50 (-0.49%). Sugar prices Wednesday gave up an early advance and settled moderately lower after the USDA’s Foreign Agricultural Service (FAS) projected that Brazil’s 2025/26 sugar production would rise +2.3% y/y to 44.7 MMT … - [Cocoa Prices Post Moderate Losses on Dollar Strength](https://todaymarkets.ae/cocoa-prices-post-moderate-losses-on-dollar-strength/): May ICE NY cocoa (CCK25) Wednesday closed down -206 (-2.21%), and May ICE London cocoa #7 (CAK25) closed down -134 (-2.07%). Cocoa prices Wednesday gave up early gains and posted moderate losses as a stronger dollar (DXY00) sparked long liquidation in cocoa futures.  The recovery in cocoa inventories is also bearish for prices.  Since falling … - [Coffee Prices Sharply Higher on Brazilian Real Strength and Brazil Crop Concerns](https://todaymarkets.ae/coffee-prices-sharply-higher-on-brazilian-real-strength-and-brazil-crop-concerns/): July arabica coffee (KCN25) Wednesday closed up +13.00 (+3.49%), and May ICE robusta coffee (RMK25) closed up +100 (+1.91%). Coffee prices on Wednesday settled higher, with arabica up sharply at a 3-week high.  Strength in the Brazilian real (^USDBRL) is supportive of coffee prices.  On Wednesday, the real climbed to a 2-1/2 week high against … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-6/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD bulls have the upper hand while above $33.00 hurdle break-point](https://todaymarkets.ae/xag-usd-bulls-have-the-upper-hand-while-above-33-00-hurdle-break-point/): Silver (XAG/USD) attracts some sellers after hitting a nearly three-week top near the $33.70 region during the Asian session on Thursday and erodes a part of the previous day’s strong move up. The white metal currently trades around the $33.35-$33.30 area, down 0.75% for the day, though the technical setup supports prospects for the emergence of … - [EUR/USD Rises toward 1.1350 after finding support at near nine-day EMA](https://todaymarkets.ae/eur-usd-rises-toward-1-1350-after-finding-support-at-near-nine-day-ema/): EUR/USD pauses its two-day decline, hovering near 1.1340 during Thursday’s Asian session. Daily chart technical analysis indicates a weakening bullish bias, as the pair has slipped below the ascending channel pattern. Additionally, the EUR/USD pair continues to trade just above the nine-day Exponential Moving Average (EMA), indicating firm short-term bullish momentum. The 14-day Relative Strength Index (RSI) also stays above the 50 … - [USD/INR gathers strength amid rising US Dollar demand](https://todaymarkets.ae/usd-inr-gathers-strength-amid-rising-us-dollar-demand/): The Indian Rupee (INR) faces some selling pressure on Thursday as terrorist attacks in Kashmir, India, weighed on sentiment. Furthermore, rising crude oil prices undermine the Indian currency, as India is the world’s third-largest oil consumer.  However, the weaker US Dollar might help limit the INR’s losses. Investors will keep an eye on the US … - [Gold price trims part of intraday gains, still well bid above $3,300 mark](https://todaymarkets.ae/gold-price-trims-part-of-intraday-gains-still-well-bid-above-3300-mark/): Gold price (XAU/USD) trims a part of intraday gains, though it retains positive bias for the first time in three days and holds comfortably above the $3,300 mark through the Asian session on Thursday. Hopes for a possible US-China trade deal, along with easing fears about the Federal Reserve’s (Fed) independence, remain supportive of a … - [EUR/JPY breaks below 162.00 as safe-haven demand lifts Yen amid trade uncertainty](https://todaymarkets.ae/eur-jpy-breaks-below-162-00-as-safe-haven-demand-lifts-yen-amid-trade-uncertainty/): EUR/JPY retraces its recent gains registered in the previous session, trading around 161.90 during the Asian hours on Thursday. The currency cross depreciates as the Japanese Yen (JPY) strengthens, as investors flock to safe-haven assets amid renewed concerns over global trade tensions. US Treasury Secretary Scott Bessent downplayed hopes for progress on US-Japan trade negotiations, … - [GBP/USD Bullish outlook remains in play above 1.3250](https://todaymarkets.ae/gbp-usd-bullish-outlook-remains-in-play-above-1-3250/): The GBP/USD pair drifts higher to around 1.3270, snapping the two-day losing streak during the early European trading hours on Thursday. Mitigating concerns over potential tariff threats by US President Donald Trump exerts some selling pressure on the US Dollar (USD).   Technically, the constructive outlook of GBP/USD remains in place as the major pair is … - [AUD depreciates as Westpac anticipates RBA's 25 bps rate cut in May](https://todaymarkets.ae/aud-depreciates-as-westpac-anticipates-rbas-25-bps-rate-cut-in-may/): The Australian Dollar (AUD) remains steady on Thursday following two consecutive days of losses. The AUD/USD pair could see gains as the US Dollar (USD) faces pressure after the Federal Reserve’s (Fed) Beige Book suggested weakening economic conditions. According to the Fed’s April Beige Book, concerns over tariffs have worsened the economic outlook across several regions in … - [USD/CHF trade with mild negative bias below 0.8300; downside seems cushioned](https://todaymarkets.ae/usd-chf-trade-with-mild-negative-bias-below-0-8300-downside-seems-cushioned/): The USD/CHF pair fails to capitalize on a two-day-old recovery from the lowest level since September 2011 and attracts some sellers during the Asian session on Thursday. Spot prices, however, lack bearish conviction and currently trade just below the 0.8300 mark, down 0.25% for the day and close to a nearly two-week high touched on … - [JPY struggles to build on intraday gains against USD amid positive risk tone](https://todaymarkets.ae/jpy-struggles-to-build-on-intraday-gains-against-usd-amid-positive-risk-tone/): The Japanese Yen (JPY) sticks to its positive bias through the Asian session on Thursday as fading hopes for a quick resolution to the US-China tradeoff underpin demand for traditional safe-haven assets. Furthermore, expectations that Japan will strike a trade deal with the US and bets for more interest rate hikes by the Bank of … - [EUR/USD Recommendation From Morgan Stanley](https://todaymarkets.ae/eur-usd-recommendation-from-morgan-stanley/): Morgan Stanley has issued a recommendation for the EURUSD currency pair Morgan Stanley recommends taking a long position on the pair with the following levels: Entry: 1.1350Target: 1.2000Stop: 1.1000 Morgan Stanley recommends taking a long position on EURUSD with a target of 1.2000 and a stop loss at 1.1000. Source: xStation5 The material on this … - [EUR/USD Falls toward 1.0800 after breaking below nine-day EMA](https://todaymarkets.ae/eur-usd-falls-toward-1-0800-after-breaking-below-nine-day-ema/): The EUR/USD continues its decline for the third consecutive session, hovering around 1.0830 during Friday’s Asian trading hours. The technical analysis of the daily chart suggests growing selling pressure and a possible trend reversal, as the pair has fallen below the ascending channel pattern. Furthermore, the EUR/USD pair has dropped below the nine-day Exponential Moving Average (EMA), signaling weaker … - [Global markets brace for Trump tariffs set to come into force on April 2.](https://todaymarkets.ae/global-markets-brace-for-trump-tariffs-set-to-come-into-force-on-april-2/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Crude Prices Higher as US Tightens Sanctions on Iranian Oil](https://todaymarkets.ae/crude-prices-higher-as-us-tightens-sanctions-on-iranian-oil/): April WTI crude oil (CLJ25) Thursday closed up +1.10 (+1.64%), and April RBOB gasoline (RBJ25) closed up +0.0215 (+0.99%). Crude oil and gasoline prices advanced Thursday after the US ramped up sanctions on Iranian crude exports.  Crude prices also garnered support from Thursday’s better-than-expected US economic news, a supportive factor for energy demand.  Gains in … - [Nat-Gas Prices Fall Sharply as EIA Inventories Climb](https://todaymarkets.ae/nat-gas-prices-fall-sharply-as-eia-inventories-climb/): April Nymex natural gas (NGJ25) on Thursday closed down -0.272 (-6.40%). April nat-gas prices on Thursday fell sharply after weekly EIA supplies rose more than expected.  Also, warmer-than-normal weather is forecast across the US for the rest of this month, reducing heating demand for nat-gas.  The EIA reported Thursday that nat-gas inventories for the week … - [U.S. Copper Crisis: Can Freeport-McMoRan Secure ‘Critical’ Status for the Energy Metal?](https://todaymarkets.ae/u-s-copper-crisis-can-freeport-mcmoran-secure-critical-status-for-the-energy-metal/): Copper is essential for any modern technology. It powers electrical grids and supports clean energy. It’s also used in electronics and vehicles. The U.S. relies a lot on foreign copper supplies. This raises big concerns about supply security. Recently, President Donald Trump ordered an investigation into possible tariffs on copper imports. These tariffs might help U.S. mining … - [The Cotton Futures Market Is Still Struggling. Look for These 5 Early Signs of a Price Bottom.](https://todaymarkets.ae/the-cotton-futures-market-is-still-struggling-look-for-these-5-early-signs-of-a-price-bottom/): The cotton futures (CTK25) market has been losing ground for more than a year, and this month, prices dropped to a 4.5-year low, basis nearby ICE futures. There are bearish fundamental supply and demand elements that have been pressing the natural fiber’s price down. Let’s examine them, how they may change in the coming months, and what … - [Sugar Prices Supported by a Lower Supply Outlook](https://todaymarkets.ae/sugar-prices-supported-by-a-lower-supply-outlook/): May NY world sugar #11 (SBK25) Thursday closed up +0.31 (+1.57%), and May London ICE white sugar #5 (SWK25) closed up +6.60 (+1.18%). Sugar prices posted moderate gains on Thursday, just below Tuesday’s significant highs.  Sugar prices have rallied over the past two weeks, with NY sugar posting a 3-week high Tuesday and London sugar … - [Arabica Coffee Posts a 2-Week High on Brazil Crop Concerns](https://todaymarkets.ae/arabica-coffee-posts-a-2-week-high-on-brazil-crop-concerns/): May arabica coffee (KCK25) Thursday closed up +1.10 (+0.28%), and May ICE robusta coffee (RMK25) closed down -30 (-0.548%). Coffee prices Thursday settled mixed, with arabica climbing to a 2-week high.   Insufficient rain in Brazil threatens coffee crops and is bullish for prices.  Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing area … - [Where is Support in the Cocoa Futures Market?](https://todaymarkets.ae/where-is-support-in-the-cocoa-futures-market/): I asked if cocoa futures prices were running out of upside steam in a January 28, 2025, Barchart article. I wrote: Commodity markets experience price cyclicality over time. Prices tend to rise to levels where production increases, inventories grow, and consumers reduce purchases, leading to price tops. They often fall to levels where production declines, inventories … - [XAUUSD slides back closer to the overnight swing low amid modest USD uptick](https://todaymarkets.ae/xauusd-slides-back-closer-to-the-overnight-swing-low-amid-modest-usd-uptick/): Gold price (XAU/USD) meets with a fresh supply during the Asian session on Friday and slides to the $3,030 area in the last hour, back closer to the overnight swing low. The US Dollar (USD) trades with a positive bias for the third successive day and prompts bulls to lighten their bets around the commodity heading into … - [NZD/USD remains depressed around mid-0.5700s amid mildly positive USD](https://todaymarkets.ae/nzd-usd-remains-depressed-around-mid-0-5700s-amid-mildly-positive-usd/): The NZD/USD pair struggles to capitalize on the overnight bounce from the 0.5725-0.5720 area and attracts fresh sellers during the Asian session on Friday. Spot prices currently trade with mild negative bias around mid-0.5700s, down for the third straight day amid a modest US Dollar (USD) uptick. The Federal Reserve (Fed) earlier this week maintained its forecast for only two 25 … - [USD/CAD edges higher to near 1.4350 amid weakening investor sentiment](https://todaymarkets.ae/usd-cad-edges-higher-to-near-1-4350-amid-weakening-investor-sentiment/): USD/CAD attempts to recover from recent losses, trading around 1.4330 during Asian hours on Friday. The pair may find support as the US Dollar (USD) strengthens on safe-haven demand amid rising global trade tensions driven by US tariff policies. Federal Reserve (Fed) Chair Jerome Powell downplayed the inflationary impact of tariffs, calling it temporary but acknowledged the broader economic … - [Market Recap](https://todaymarkets.ae/market-recap/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Change in The Air as Apple Contemplates Changing Siri Development Team](https://todaymarkets.ae/change-in-the-air-as-apple-contemplates-changing-siri-development-team/): According to Bloomberg reports, Apple has decided to make changes among the executives responsible for Siri’s development. Mike Rockwell, previously working on Vision Pro, is now set to lead the team responsible for Apple’s assistant. The Vision Pro team will now be headed by Paul Maede, who previously managed the hardware division of Vision Pro. … - [BOC Governor Macklem, Trade Tensions Limit Rate Cut Options](https://todaymarkets.ae/boc-governor-macklem-trade-tensions-limit-rate-cut-options/): In a recent Calgary speech, Bank of Canada Governor Tiff Macklem warned that inflation risks from the US-Canada trade dispute are constraining the central bank’s ability to cut interest rates to boost growth. Key Points: Macklem highlighted specific concerns for Canada’s regional economies, including Alberta’s energy sector, Prairie agricultural industries, and Ontario and Quebec’s steel … - [U.S Commerce Secretary Comments Halt The Slide in Tesla Stock](https://todaymarkets.ae/u-s-commerce-secretary-comments-halt-the-slide-in-tesla-stock/): U.S. Commerce Secretary Howard Lutnick used a Fox News appearance to recommend that the public buy shares of Elon Musk’s car company, saying that “…it’s unbelievable that ‘this guy’s’ stock is this cheap. It’s never going to be this cheap again,” he added. Looking at the range from 2024, the forward-looking PE ratio is below … - [JPY drifts lower after Japan’s inflation data; bullish bias remains](https://todaymarkets.ae/jpy-drifts-lower-after-japans-inflation-data-bullish-bias-remains/): The Japanese Yen (JPY) edges lower during the Asian session on Friday after data released from Japan showed that the annual National Consumer Price Index (CPI) slowed in February. This, along with a modest US Dollar (USD) uptick, assists the USD/JPY pair to build on the overnight bounce from the weekly low and move back above the 149.00 mark … - [GBP/USD consolidates above mid-1.2900s; remains close to multi-month peak](https://todaymarkets.ae/gbp-usd-consolidates-above-mid-1-2900s-remains-close-to-multi-month-peak/): The GBP/USD pair lacks any firm intraday direction on Friday and oscillates in a narrow trading band, around the 1.2960 area during the Asian session. Spot prices, however, remain close to the highest since early November – levels beyond the 1.3000 psychological mark touched on Thursday – and remain at the mercy of the US Dollar (USD) … - [USD/INR remains subdued despite stronger US Dollar, rising Oil prices](https://todaymarkets.ae/usd-inr-remains-subdued-despite-stronger-us-dollar-rising-oil-prices/): The Indian Rupee (INR) remains stable against the US Dollar (USD) during the Asian trading hours on Friday, with USD/INR holding near a seven-week low of 86.20, recorded on Thursday. However, further downside of the pair may be limited as the Greenback gains strength amid rising risk aversion driven by concerns over US tariff policies. The INR also faces … - [Corn Higher Ahead of Export Sales Release](https://todaymarkets.ae/corn-higher-ahead-of-export-sales-release/): The corn market is starting off Thursday with 2 to 4 cent gains. Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents, as traders closed out the month with a bounce. There were another 25 deliveries against May corn futures overnight. The nearby CmdtyView national average Cash Corn price was up 5 … - [Demand Concerns Hammer Coffee Prices](https://todaymarkets.ae/demand-concerns-hammer-coffee-prices/): July arabica coffee (KCN25) today is down -17.90 (-4.47%), and July ICE robusta coffee (RMN25) is down -242 (-4.51%). Coffee prices today sank to 1-week lows and are sharply lower.  Coffee prices fell on concern that higher tariffs will boost coffee prices and dampen demand.  Several global commodity importers, including Starbucks, Hershey, and Mondelez International, … - [GBP/USD slips below 1.33 as US and UK manufacturing activity slumps](https://todaymarkets.ae/gbp-usd-slips-below-1-33-as-us-and-uk-manufacturing-activity-slumps/): The Pound Sterling edges lower against the US Dollar on Thursday, with most European markets closed during Labor Day. The release of manufacturing activity data on both sides of the Atlantic and US trade policies continued to drive the financial markets. At the time of writing, the GBP/USD trades at 1.3295, down 0.25%. GBP/USD down 0.25% to … - [Commodity Market Roundup- April’s Top Performers and Underperformers](https://todaymarkets.ae/commodity-market-roundup-aprils-top-performers-and-underperformers/): A weaker dollar index and a decline in the long-term bond prices were competing bullish and bearish factors for commodities in April for the second consecutive month. The June dollar index moved 4.44% lower, while the June U.S. 30-year Treasury bond futures fell 0.80% to 116-26 during the fourth month of 2025. Gold was higher, … - [US ISM Manufacturing PMI declines to 48.7 in April vs. 48 expected](https://todaymarkets.ae/us-ism-manufacturing-pmi-declines-to-48-7-in-april-vs-48-expected/): The business activity in the United States (US) manufacturing sector continued to contracted in April, with the ISM Manufacturing Purchasing Managers Index (PMI) edging lower to 48.7 from 49 in March. This reading came in better than the market expectation of 48. The Employment Index improved to 46.5 from 44.7 in this period, pointing to a decrease … - [EUR/USD recovers as US Dollar struggles to extend recovery](https://todaymarkets.ae/eur-usd-recovers-as-us-dollar-struggles-to-extend-recovery/): EUR/USD flattens around 1.1330 during North American trading hours on Thursday. The major currency pair recovers its initial losses after sliding to near 1.1285 as the US Dollar Index (DXY), which tracks the Greenback’s value against six major peers, gives back some early gains after failing to extend its two-day recovery above the psychological level of 100.00. The … - [US weekly Initial Jobless Claims rise to 241K vs. 224K expected](https://todaymarkets.ae/us-weekly-initial-jobless-claims-rise-to-241k-vs-224k-expected/): There were 241,000 initial jobless claims in the week ending April 26, the weekly data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week’s print of 223,000 (revised from 222,000) and came in worse than the market expectation of 224,000. Further details of the publication revealed that … - [U.S.- Ukraine Mineral Deal Finally Signed](https://todaymarkets.ae/u-s-ukraine-mineral-deal-finally-signed/): Ukraine signed a mineral agreement with the USA yesterday, April 30, 2025. The document outlines a framework for economic partnership, focusing on Ukraine’s key minerals and natural resources. Markets have responded positively to the deal, which, alongside strong earnings from U.S. companies, is supporting today’s upbeat sentiment on Wall Street. The U.S.–Ukraine mineral resource agreement establishes … - [Tesla Board Denies Rumors About Replacing Musk](https://todaymarkets.ae/tesla-board-denies-rumors-about-replacing-musk/): Tesla shares have erased earlier losses and are now up 0.70% in premarket trading after the company firmly denied reports that it is searching for a replacement for CEO Elon Musk. The Wall Street Journal claimed the board was frustrated with Musk’s political commitments and Tesla’s stock performance, but Tesla and board chair Robyn Denholm called … - [U.S. Markets Get a Tech Boost While Apple Stands Out For All The Wrong Reasons](https://todaymarkets.ae/u-s-markets-get-a-tech-boost-while-apple-stands-out-for-all-the-wrong-reasons/): European stock market moves have mostly evaporated this morning, as the focus shifts to some key event risk later this week. Apple’s earnings report that is due along with Friday’s jobs report for April, are both seen as litmus tests for the damage caused by US trade tariffs on the US economy and on corporate … - [Bitcoin Breaks $96K After Eric Trump Announces a $2 Billion Transaction](https://todaymarkets.ae/bitcoin-breaks-96k-after-eric-trump-announces-a-2-billion-transaction/): Cryptocurrencies continue to rally on a wave of positive news. Bitcoin breaks through 96,000 USD, gaining over 2.00%, following reports that World Liberty Financial’s stablecoin USD1 will be used to finalize an investment into Binance. The transaction is valued at $2 billion and involves MGX, a company based in Abu Dhabi. Eric Trump announced during … - [Meta Platforms up 6.30% Following Earning Release](https://todaymarkets.ae/meta-platforms-up-6-30-following-earning-release/): Meta Platforms (META.US) is up 6.30% in pre-market trading following quarterly earnings release. The company posted a better-than-expected Q1 report and offered optimistic guidance based on rapidly growing investments in artificial intelligence infrastructure. Earnings summary: Management commentary CEO Mark Zuckerberg told investors that the past quarter highlighted “five main opportunities” related to AI: more effective … - [USD/JPY Gains 1.10% on BOJ Forecasts](https://todaymarkets.ae/usd-jpy-gains-1-10-on-boj-forecasts/): BOJ lowers GDP forecasts and sees significant uncertainty tied to Trump’s trade policy 🔎 The Bank of Japan left the short-term interest rate unchanged at +0.50% during its May 1 meeting but presented clearly more cautious forecasts. In the new quarterly report, the board lowered its real GDP forecast for fiscal year 2025 to 0.5% (from … - [Chart of The Day - Ethereum](https://todaymarkets.ae/chart-of-the-day-ethereum/): In recent weeks, Bitcoin has recorded impressive gains – since the beginning of April, it has risen by nearly 28% from its local lows. Ethereum has also seen a solid rebound, though slightly weaker – its value has increased by around 27%. Despite the similar scale of short-term gains, Ethereum is clearly underperforming compared to … - [Economic Calendar - PMI And ISM Reports Elevate Investor Concerns](https://todaymarkets.ae/economic-calendar-pmi-and-ism-reports-elevate-investor-concerns/): The key reports of the day will be the U.S. manufacturing PMI and ISM for April. These publications will be especially worth monitoring in the context of yesterday’s GDP report, which turned out much weaker than expected. Although the GDP weakness was mainly driven by net exports — as companies imported goods “in advance” anticipating … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-9/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD drops to multi-week low, bears have the upper hand near $32.00](https://todaymarkets.ae/xag-usd-drops-to-multi-week-low-bears-have-the-upper-hand-near-32-00/): Silver (XAG/USD) drifts lower for the third straight day – also marking the fourth day of a negative move in the previous five – and drops to over a two-week low during the Asian session on Thursday. The white metal, however, shows some resilience below the $32.00 mark, though the technical setup supports prospects for … - [XAU adds to intraday losses to two-week low amid trade optimism, modest USD strength](https://todaymarkets.ae/xau-adds-to-intraday-losses-to-two-week-low-amid-trade-optimism-modest-usd-strength/): Gold price (XAU/USD) extends its downtrend for the third successive day and drops to over a two-week low, around the $3,221 region during the Asian session on Thursday. Signs of easing trade tensions between the US and China – the world’s two largest economies – continue to undermine demand for traditional safe-haven assets and exert … - [EUR/USD Bullish outlook remains in play near 1.1300](https://todaymarkets.ae/eur-usd-bullish-outlook-remains-in-play-near-1-1300/): The EUR/USD pair weakens to around 1.1295 during the early European session on Thursday, pressured by the renewed US Dollar (USD) demand. The optimism over the potential de-escalation of the US-China trade war provides some support to the Greenback and creates a headwind for the major pair. Traders will keep an eye on the US ISM Manufacturing … - [Sugar Prices Fall on Higher Brazil Sugar Output](https://todaymarkets.ae/sugar-prices-fall-on-higher-brazil-sugar-output/): May NY world sugar #11 (SBK25) Wednesday closed down -0.16 (-0.91%), and August London ICE white sugar #5 (SWQ25) closed down -4.00 (-0.81%). Sugar prices on Wednesday extended this week’s decline, with NY sugar falling to a 2-1/2 year nearest-futures low and London sugar posting a 2-week low.  The outlook for higher Brazil sugar production … - [Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents](https://todaymarkets.ae/corn-futures-settled-the-wednesday-session-with-contracts-up-1-to-6-%c2%be-cents/): Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents, as traders closed out the month with a bounce. The nearby CmdtyView national average Cash Corn price was up 5 1/4 cents at $4.42 1/2.  USDA reported a private export sale of 120,000 MT of corn to unknown destination this morning for 2024/25 … - [Soybeans posted losses of 6 to 9 cents across most contracts ](https://todaymarkets.ae/soybeans-posted-losses-of-6-to-9-cents-across-most-contracts/): Soybeans posted losses of 6 to 9 cents across most contracts on Wednesday.  CmdtyView’s national front month Cash Bean price is down 7 1/4 cents at $9.88. Soymeal futures are back down 20 to 80 cents/ton, with Soy Oil futures were falling back another 27 to 58 points.  There is some pressure as we head into the end of the month. … - [Wheat Sees Some Bargain Buying at Month End](https://todaymarkets.ae/wheat-sees-some-bargain-buying-at-month-end/): The wheat complex bounced back to close out the Wednesday session with the SRW and spring wheat contracts posting strength and HRW weaker. Chicago SRW futures were up 5 to 8 cents. Kansas City HRW contracts saw slight losses of 1 to 2 cents on Wednesday. MPLS spring wheat was up 4 to 9 cents at … - [Microsoft Beat Expectations as Cloud And AI Drive Growth](https://todaymarkets.ae/microsoft-beat-expectations-as-cloud-and-ai-drive-growth/): Microsoft has reported its financial results for the third quarter of fiscal year 2025, significantly surpassing analyst expectations and underscoring the company’s robust position in the cloud and artificial intelligence sectors. Shares in the tech giant surged by as much as 7% in after-hours trading. Key Figures from the Report: Key Growth Drivers: Management Commentary: … - [US Dollar Index (DXY) advances to two-week high near 99.75](https://todaymarkets.ae/us-dollar-index-dxy-advances-to-two-week-high-near-99-75/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some buyers for the third straight day and climbs to a two-week high, around the 99.70-99.75 region during the Asian session on Thursday. The intraday US Dollar (USD) move higher is backed by US President Donald Trump’s remarks, which adds to … - [EUR/GBP hovers near 0.8500 as soft Eurozone inflation, dovish BoE shape outlook](https://todaymarkets.ae/eur-gbp-hovers-near-0-8500-as-soft-eurozone-inflation-dovish-boe-shape-outlook/): EUR/GBP holds ground for a second consecutive session, trading around the 0.8500 mark during the Asian session on Thursday. However, the upside of the EUR/GBP cross may be capped as the Euro (EUR) trades cautiously following weaker-than-expected preliminary April Harmonized Index of Consumer Prices (HICP) data from Germany and France, along with steady readings from … - [USD/CAD languishes near YTD low, seems vulnerable below 1.3800 mark](https://todaymarkets.ae/usd-cad-languishes-near-ytd-low-seems-vulnerable-below-1-3800-mark/): The USD/CAD pair enters a bearish consolidation phase during the Asian session on Thursday and oscillates in a narrow band below the 1.3800 mark, near its lowest level since October 2025 touched the previous day. The Canadian Dollar (CAD) continues to be underpinned by the Liberal Party’s victory in the Canadian federal election, which strengthens the incumbent … - [EUR/JPY rises to near 162.50 as BoJ maintains policy rate as expected](https://todaymarkets.ae/eur-jpy-rises-to-near-162-50-as-boj-maintains-policy-rate-as-expected/): EUR/JPY halts its three-day losing streak, rebounding to around 162.50 during Asian trading hours on Thursday. The recovery in the currency cross comes as the Japanese Yen (JPY) weakens across the board, following the Bank of Japan’s (BoJ) widely expected decision to maintain its policy rate. As anticipated, the BoJ left its key interest rate unchanged at … - [JPY adds to BoJ-inspired losses; looks to post-meeting presser for fresh impetus](https://todaymarkets.ae/jpy-adds-to-boj-inspired-losses-looks-to-post-meeting-presser-for-fresh-impetus/): The Japanese Yen (JPY) weakens across the board in reaction to the Bank of Japan’s (BoJ) dovish outlook, pushing the USD/JPY pair back closer to the 144.00 mark during the Asian session on Thursday. The Japanese central bank decided to keep the short-term policy rate unchanged at 0.5% by a unanimous vote, as was widely … - [USD/CHF Maintains position near 0.8250 near nine-day EMA support](https://todaymarkets.ae/usd-chf-maintains-position-near-0-8250-near-nine-day-ema-support/): The USD/CHF pair holds ground for the third successive session, trading around 0.8270 during the Asian hours on Thursday. The daily chart suggests a neutral market bias, with the pair consolidating within a recently established rectangular pattern. Additionally, USD/CHF remains near its nine-day Exponential Moving Average (EMA), indicating neutral short-term momentum. The 14-day Relative Strength Index (RSI) has … - [AUD loses recent gains as US Dollar rises ahead of ISM Manufacturing PMI](https://todaymarkets.ae/aud-loses-recent-gains-as-us-dollar-rises-ahead-of-ism-manufacturing-pmi/): The Australian Dollar (AUD) is facing headwinds against the US Dollar (USD) as traders adopt caution ahead of the Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers Index (PMI) data from the United States (US) release due later on Thursday. However, the AUD/USD pair received support after the release of Trade Balance data from Australia. The Australian … - [Demand Concerns Pressure Cocoa Prices](https://todaymarkets.ae/demand-concerns-pressure-cocoa-prices/): July ICE NY cocoa (CCN25) Wednesday closed down -4 (-0.04%), and May ICE London cocoa #7 (CAK25) closed up +160 (+2.53%). Cocoa prices on Wednesday posted 1-week lows but settled mixed.  Cocoa prices Wednesday initially moved lower on demand concerns after chocolate maker Mondelez International reported weaker-than-expected Q1 sales and said consumers are cutting back … - [Arabica Coffee Slips on Demand Concerns](https://todaymarkets.ae/arabica-coffee-slips-on-demand-concerns/): July arabica coffee (KCN25) today is down -0.20 (-0.05%), and July ICE robusta coffee (RMN25) is up +80 (+1.51%). Coffee prices today are mixed.  Demand concerns are weighing on coffee prices after Starbucks reported weaker-than-expected Q1 sales.  Also, fears that coffee demand will remain weak is weighing on prices after the US Apr consumer confidence … - [Wait for a Move Above This Price Before You Buy July Orange Juice (FCOJ) Futures](https://todaymarkets.ae/wait-for-a-move-above-this-price-before-you-buy-july-orange-juice-fcoj-futures/): July orange juice futures (OJN25) present a buying opportunity on more price strength. See on the daily bar chart for July frozen concentrated orange juice futures (FCOJ) (OJN25) that prices have rebounded from the April low and on Tuesday scored a bullish “outside day” up on the daily bar chart. Longer-term chart price history shows strong technical support near … - [GBP/USD drops as US economy shrinks, inflation holds firm](https://todaymarkets.ae/gbp-usd-drops-as-us-economy-shrinks-inflation-holds-firm/): The Pound Sterling (GBP) tumbled against the US Dollar (USD) as the economy in the United States (US) contracted, as revealed by Gross Domestic Product (GDP) figures for Q1 2025. At the time of writing, GBP/USD trades at 1.3331, down 0.51% GBP/USD falls 0.51% to 1.3331 as weak US growth and sticky prices lift demand … - [EUR/GBP Price Analysis: Sterling slips as Euro regains traction post-Europe session](https://todaymarkets.ae/eur-gbp-price-analysis-sterling-slips-as-euro-regains-traction-post-europe-session/): The EUR/GBP pair is trading with mild gains on Wednesday, hovering around the mid-0.8500 zone following the European session. The pair rebounded within the day’s range, showing modest upward pressure. Despite a neutral reading from the Relative Strength Index (RSI) and a bearish signal from the Moving Average Convergence Divergence (MACD), other tools like the Williams Percent … - [USD/CHF down as soft US data and China slowdown hit sentiment](https://todaymarkets.ae/usd-chf-down-as-soft-us-data-and-china-slowdown-hit-sentiment/): The USD/CHF is trading with losses, staying close to its recent lows after a wave of soft US data and deteriorating macro signals from China triggered broad risk-off flows in the market. Sentiment was already fragile heading into Wednesday, and the release of a disappointing US GDP print intensified concerns over the health of the … - [Oil Prices Hit Four Year Low at $58](https://todaymarkets.ae/oil-prices-hit-four-year-low-at-58/): Oil prices have plummeted to their lowest level in four years, with West Texas Intermediate (OIL.WTI) crude dropping more than 19% in April while Brent trades near $61 a barrel. This marks the largest monthly decline since November 2021, driven by escalating U.S.-China trade tensions and OPEC+ supply increases. Trade War and OPEC+ Squeeze Markets … - [Trade of The Day - NZD/JPY](https://todaymarkets.ae/trade-of-the-day-nzd-jpy/): Facts:An upward trend has been in force since April 9The bounced off the key support at 84.40 Recommendation: Trade: Long position on NZDJPY at market priceTarget: 85.70, 86.55Stop: 83.97 Opinion:  Looking at NZDJPY at the H4 interval, we can see that the price reached the key support zone. The area marked with green colour is marked with … - [EUR/USD recovers as US Dollar falls back after weak US Employment, GDP data](https://todaymarkets.ae/eur-usd-recovers-as-us-dollar-falls-back-after-weak-us-employment-gdp-data/): EUR/USD recovers some of its initial losses and rebounds to near 1.1385 during North American trading hours on Wednesday. The major currency pair bounces back as the US Dollar (USD) gives up some gains after the release of a string of United States (US) economic data. Each of the economic data points demonstrates a serious impact … - [Pound Sterling declines against USD despite US economic contraction](https://todaymarkets.ae/pound-sterling-declines-against-usd-despite-us-economic-contraction/): The Pound Sterling (GBP) extends correction to near 1.3350 against the US Dollar (USD) in Wednesday’s North American session from its fresh three-year high of 1.3445 posted on Tuesday. The GBP/USD pair trades near its intraday low even as the US Dollar (USD) surrenders a majority of its intraday gains after the release of a string of … - [US GDP shrinks, as imports surge, but it is not as bad as it seems](https://todaymarkets.ae/us-gdp-shrinks-as-imports-surge-but-it-is-not-as-bad-as-it-seems/): US GDP data was weaker than expected for last quarter. The US economy experienced a sharp slowdown, as expected, and growth contracted by 0.3%, vs. a 0.2% decline anticipated by analysts. However, the headline figure only tells us so much, digging a bit deeper into this report gives us a more rounded picture of the … - [EUR/USD Gains on Lower Than Expected ADP Data](https://todaymarkets.ae/eur-usd-gains-on-lower-than-expected-adp-data/): 13:15 PM BST, United States – Employment Data for April: In April, private sector employment increased by 62,000 jobs and annual pay rose 4.5 percent, according to ADP’s National Employment Report based on payroll data from over 25 million U.S. workers. Chief economist Dr. Nela Richardson noted that employers face hiring challenges amid economic uncertainty despite mostly positive data. … - [U.S. Equities Sell-off After Negative Preliminary GDP in Q1](https://todaymarkets.ae/u-s-equities-sell-off-after-negative-preliminary-gdp-in-q1/): 01:30 PM BST, United States – GDP data: Q1 GDP came lower than expected. Moreover, US Q4 GDP growth was also revised down to 2.4% annualized from 2.8% in Q3, with consumer spending slowing sharply to 1.8% from 4.0%, and final sales excluding inventories plunging to -2.5% from 3.3%. The data shows a troubling domestic picture, with weaker consumption … - [EUR/USD slips as Eurozone major economies report soft inflation data](https://todaymarkets.ae/eur-usd-slips-as-eurozone-major-economies-report-soft-inflation-data/): EUR/USD drops to near 1.1370 during European trading hours on Wednesday. The major currency pair is slightly down as the Euro (EUR) trades cautiously amid a slowdown in the preliminary April Consumer Price Index (CPI) data from six German states and in France, as well as stable inflation in Italy and Spain.  Year-on-year inflation data of four German … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-9/): Today, EURUSD is trading around $1.1395-$1.1400 declining by a modest 0.10%. The pair surged 5.10% in April so far, its largest monthly gain since November 2022, reaching a yearly high of $1.1570 on April 21. However, it has since pulled back, consolidating below $1.15. The eurozone faces headwinds, with Germany cutting its 2025 growth forecast … - [French CPI Slightly Higher Than Expected](https://todaymarkets.ae/french-cpi-slightly-higher-than-expected/): 07:45 AM BST, France – Inflation Data for March (preliminary): In April 2025, France’s annual inflation (CPI) is expected to remain steady at 0.8%, as in March, according to a preliminary estimate. The complete results will be published on 15 May 2025. Falling energy prices are weighing on inflation, but this is being partly balanced by a rebound in food prices. Service … - [Economic Calendar - U.S. PCE, ADP And GDP Sets a Busy Macro Day](https://todaymarkets.ae/economic-calendar-u-s-pce-adp-and-gdp-sets-a-busy-macro-day/): Today, we will receive several interesting macroeconomic reports from the U.S. These include the PCE inflation report, the preliminary U.S. GDP report for the first quarter of 2025, and the ADP report — the first labor market report for April. On Friday, we’ll get the next one, the NFP. The most important report will likely be the GDP report. Forecasts expect a … - [U.S. Q1 GDP And Earnings in Focus](https://todaymarkets.ae/u-s-q1-gdp-and-earnings-in-focus/): Now that President Trump’s first 100 days are behind us, the markets are looking at what the future holds for the rest of the President’s term in office. The impact of the President’s unorthodox economic policies on Q1 activity will be unveiled on Wednesday with Q1 GDP scheduled for release and key earnings reports. How … - [Euro Muted After German Retail Sales Data](https://todaymarkets.ae/euro-muted-after-german-retail-sales-data/): 07:00 AM BST, Germany – Retail Sales Data for March: German retail sales declined in March, and February’s figures were also revised downward. However, compared to March last year, sales were still up by 2.2%. The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation … - [US GDP set to slow sharply in Q1 as focus turns to impact of Trump trade policies](https://todaymarkets.ae/us-gdp-set-to-slow-sharply-in-q1-as-focus-turns-to-impact-of-trump-trade-policies/): The United States (US) Bureau of Economic Analysis (BEA) is set to publish its preliminary estimate of first-quarter Gross Domestic Product (GDP) on Wednesday, with analysts expecting the data to show annualized growth of just 0.4%, a sharp slowdown from the 2.4% pace recorded in the final quarter of 2024. Markets brace for key US growth data … - [The Mid-Morning Market Update](https://todaymarkets.ae/the-mid-morning-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [The S&P 500 has it's worst performance during a President’s first 100 days for more than 50 years.](https://todaymarkets.ae/the-sp-500-has-its-worst-performance-during-a-presidents-first-100-days-for-more-than-50-years/): The sun is setting on Donald Trump’s first 100 days of his second term as President. Now that stock markets in the US have closed, we can confirm that the S&P 500 has experienced its worst performance during a President’s first 100 days for more than 50 years. Only President Nixon’s second term in office … - [Bitcoin, Ethereum, Ripple: Bulls target $100,000 BTC, $2,000 ETH, and $3 XRP](https://todaymarkets.ae/bitcoin-ethereum-ripple-bulls-target-100000-btc-2000-eth-and-3-xrp/): Bitcoin (BTC) is stabilizing around $95,000 at the time of writing on Wednesday, and a breakout suggests gains toward $100,000. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and hovered around their key levels. The technical outlook suggests a breakout of these coins above the key resistance level could pave the way for a bullish run, … - [WTI falls to near $59.50 due to weakening global economic growth, Oil demand](https://todaymarkets.ae/wti-falls-to-near-59-50-due-to-weakening-global-economic-growth-oil-demand/): West Texas Intermediate (WTI) Oil price continues its decline for a third consecutive session, trading near $59.50 per barrel during Asian hours on Wednesday. The downward pressure on Oil stems from growing fears over weakening global economic growth and fuel demand, largely triggered by US President Donald Trump’s unpredictable tariff policies. WTI is on track for … - [NZD/USD remains confined in a narrow range below mid-0.5900s after Chinese PMIs](https://todaymarkets.ae/nzd-usd-remains-confined-in-a-narrow-range-below-mid-0-5900s-after-chinese-pmis/): The NZD/USD pair struggles to gain any meaningful traction during the Asian session on Wednesday and languishes near the lower end of a nearly two-week-old trading range. Spot prices hold steady around the 0.5930 region and move little following the release of Chinese PMIs. The National Bureau of Statistics reported that China’s official Manufacturing Purchasing Managers’ Index … - [USD/CAD holds gains near 1.3850 as trade optimism supports US Dollar](https://todaymarkets.ae/usd-cad-holds-gains-near-1-3850-as-trade-optimism-supports-us-dollar/): USD/CAD is holding gains for a second consecutive session, trading near 1.3840 during Wednesday’s Asian session. The pair remains supported as the US Dollar (USD) benefits from renewed optimism surrounding US-China trade developments. Market focus now shifts to the release of the US Personal Consumption Expenditures (PCE) Price Index for March and Canada’s GDP data for February, … - [AUD/JPY rises above 91.00 following key economic data from Australia, Japan](https://todaymarkets.ae/aud-jpy-rises-above-91-00-following-key-economic-data-from-australia-japan/): AUD/JPY edges higher after registering gains in the previous two sessions, trading around 91.30 during the Asian hours on Wednesday. The currency cross is supported by a stronger Australian Dollar (AUD), buoyed by inflation data out of Australia and mixed Purchasing Managers’ Index (PMI) data from China. Australia’s Consumer Price Index (CPI) rose 0.9% quarter-over-quarter in Q1 … - [USD/INR edges higher amid heightened tensions between India and Pakistan](https://todaymarkets.ae/usd-inr-edges-higher-amid-heightened-tensions-between-india-and-pakistan/): The Indian Rupee (INR) weakens on Wednesday, pressured by rising geopolitical tensions between India and Pakistan. Many tourist sites in Kashmir have been closed since Tuesday, as traders react to unverified reports of military activity. Nonetheless, positive domestic markets and a decline in crude oil prices might help limit the INR’s losses. Foreign investors have stepped up … - [XAG/USD slides below $33.00; 200-period EMA on H4 holds the key for bulls](https://todaymarkets.ae/xag-usd-slides-below-33-00-200-period-ema-on-h4-holds-the-key-for-bulls/): Silver (XAG/USD) struggles to capitalize on a modest Asian session uptick and slides back below the $33.00 mark, hitting a fresh daily low in the last hour. From a technical perspective, the XAG/USD has been showing resilience below the 200-period Exponential Moving Average (EMA) on the 4-hour chart, which is currently pegged near the $32.60 region. … - [AUD rises as inflationary pressures weaken odds of an RBA's rate cut in May](https://todaymarkets.ae/aud-rises-as-inflationary-pressures-weaken-odds-of-an-rbas-rate-cut-in-may/): The Australian Dollar (AUD) is gaining ground on Wednesday following a more than 0.50% decline against the US Dollar (USD) in the previous session. The AUD/USD pair appreciates following the release of key economic data from Australia and China. The Australian Bureau of Statistics (ABS) reported that the Consumer Price Index (CPI) rose by 0.9% quarter-over-quarter in Q1 2025, … - [JPY edges lower amid receding safe-haven demand; downside seems limited](https://todaymarkets.ae/jpy-edges-lower-amid-receding-safe-haven-demand-downside-seems-limited/): The Japanese Yen (JPY) trades with a negative bias against its American counterpart for the second straight day on Wednesday as a positive risk tone seems to undermine demand for traditional safe-haven assets. US President Donald Trump signed an order to ease the impact of new tariffs on the auto industry, which, along with signs … - [Gold price slides back closer to $3,300 amid positive risk tone, modest USD uptick](https://todaymarkets.ae/gold-price-slides-back-closer-to-3300-amid-positive-risk-tone-modest-usd-uptick/): Gold price (XAU/USD) trades with a negative bias for the second consecutive day, though it lacks bearish conviction and holds above the $3,300 mark during the Asian session on Wednesday. The global equity markets continue to rise amid signs of easing US-China trade tensions and US President Donald Trump’s decision to give flexibility on tariffs … - [Forecasts for Cooler US Temps Boost Nat-Gas Prices](https://todaymarkets.ae/forecasts-for-cooler-us-temps-boost-nat-gas-prices/): June Nymex natural gas (NGM25) on Tuesday closed up by +0.043 (+1.29%). June nat-gas prices on Tuesday climbed to a 1-1/2 week high and settled moderately higher as forecasts for below-normal temperatures that will boost heating demand for nat-gas lifted prices.  On Tuesday, the Commodity Weather Group said that forecasts shifted cooler for the eastern … - [Crude Oil Prices Fall Sharply on Energy Demand Concerns](https://todaymarkets.ae/crude-oil-prices-fall-sharply-on-energy-demand-concerns/): June WTI crude oil (CLM25) Tuesday closed down -1.63 (-2.63%), and June RBOB gasoline (RBM25) closed down -0.0368 (-1.76%). Crude oil and gasoline prices on Tuesday fell sharply, with crude dropping to a 1-1/2 week low.  Tuesday’s weaker-than-expected US job openings and consumer confidence reports were negative for economic growth and energy demand.  Also, Tuesday’s … - [Cotton Faced Pressure on Tuesday](https://todaymarkets.ae/cotton-faced-pressure-on-tuesday/): Cotton futures closed with losses on Tuesday with most contracts down 70 to 106 points. The outside markets were a pressure factor, with crude oil futures back down $1.87/barrel and the US dollar index down $0.211 to $99.000. NASS pegged the US cotton crop at 15% planted as of 4/27, now 1 percentage point faster than … - [Demand Concerns Weigh on Coffee Prices](https://todaymarkets.ae/demand-concerns-weigh-on-coffee-prices/): July arabica coffee (KCN25) Tuesday closed down -10.25 (-2.50%), and July ICE robusta coffee (RMN25) closed down -115 (-2.12%). Coffee prices on Tuesday gave up an early advance and fell sharply on concern that coffee demand would suffer after the US Apr consumer confidence fell to a nearly 5-year low, which signals consumers are worried … - [Cocoa Prices Pressured by Bigger Supplies](https://todaymarkets.ae/cocoa-prices-pressured-by-bigger-supplies/): July ICE NY cocoa (CCN25) Tuesday closed down -51 (-0.57%), and May ICE London cocoa #7 (CAK25) closed up +27 (+0.43%). Cocoa prices on Tuesday settled mixed.  Cocoa prices were under pressure Tuesday due to a negative carryover from Monday when Bloomberg reported that Nigerian Mar cocoa exports rose +24% y/y to 27,564 MT.  Nigeria … - [Sugar Prices Tumble on the Outlook for Higher Brazil Sugar Production](https://todaymarkets.ae/sugar-prices-tumble-on-the-outlook-for-higher-brazil-sugar-production/): May NY world sugar #11 (SBK25) Tuesday closed down -0.22 (-1.23%), and August London ICE white sugar #5 (SWQ25) closed down -8.50 (-1.68%). Sugar prices on Tuesday retreated, with NY sugar posting a 2-1/2 year nearest-futures low.  The outlook for higher Brazil sugar production is undercutting prices after Conab on Tuesday forecast Brazil’s 2025/26 Brazil … - [Corn Collapses on Tuesday](https://todaymarkets.ae/corn-collapses-on-tuesday/): Corn futures fell lower on Tuesday, with front months 13 to 15 cents in the red and new crop December down just 5 ¾ cents. The nearby CmdtyView national average Cash Corn price was down 13 1/4 cents at $4.36 1/4.  USDA reported a private export sale of 120,000 MT of corn to Spain this morning for … - [Wheat Slide Continues](https://todaymarkets.ae/wheat-slide-continues/): The wheat complex was under continued pressure on Tuesday, with losses across the three markets. Chicago SRW futures were down 5 to 10 cents on Tuesday. Kansas City HRW contracts were 8 to 9 cents lower in the nearbys. MPLS spring wheat posted 3 to 5 cent losses at the close.  The 7-day QPF from NOAA … - [Soybean -- The protein that the world wants](https://todaymarkets.ae/soybean-the-protein-that-the-world-wants/): The soybean oil market experienced vigorous selling today, April 29. Some say it is the result of the EPA’s failure to provide direction after approving summer E-15 ethanol sales. Soybean meal closed higher but the soybean oil selling forced soybeans to go lower even in the face of a morning sale of 100,000 tonnes to … - [Bearish Tuesday for Gold while markets see tariff fears have peaked](https://todaymarkets.ae/bearish-tuesday-for-gold-while-markets-see-tariff-fears-have-peaked/): Gold price (XAU/USD) is seeing buyers and sellers being pushed towards each other as Bullion gears up for a breakout, currently trading around $3,313 at the time of writing on Tuesday. The consolidation comes as traders and markets tweak their positioning in the precious metal ahead of a possible announcement by United States (US) President … - [US Dollar back to flat after White House calls Amazon hostile](https://todaymarkets.ae/us-dollar-back-to-flat-after-white-house-calls-amazon-hostile/): The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is having a knee jerk reaction on the back of comments from United States (US) Treasury Secretary Scott Bessent and White House Press Secretary Karoline Leavitt. During a Q&A at the White House Leavitt stepped in to take over … - [JOLTS job openings forecast to ease in March ahead of key jobs report for April](https://todaymarkets.ae/jolts-job-openings-forecast-to-ease-in-march-ahead-of-key-jobs-report-for-april/): The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the United States (US) Bureau of Labor Statistics (BLS). The publication will provide data about the change in the number of job openings in March, alongside the number of layoffs and quits. JOLTS data is scrutinized by market participants and Federal … - [EUR/USD drops as ECB officials highlight downside risks to Eurozone inflation](https://todaymarkets.ae/eur-usd-drops-as-ecb-officials-highlight-downside-risks-to-eurozone-inflation/): EUR/USD trades lower around 1.1390 during North American trading hours on Tuesday. The major currency pair ticks lower as the Euro (EUR) faces slight selling pressure, with European Central Bank (ECB) officials expressing the need for more interest rate cuts. On Monday, ECB policymaker and Finnish central bank governor Olli Rehn supported the need for further … - [DAX40 - Quarterly Results From Porsche, Deutsche Bank And Rheinmetall in the Spotlight](https://todaymarkets.ae/dax40-quarterly-results-from-porsche-deutsche-bank-and-rheinmetall-in-the-spotlight/): General market situation: European indices are gaining during Tuesday’s session. The German DAX on the cash market is currently adding 0.6% while the French CAC40 is losing 0.32%. The economic calendar for today’s session focuses on JOLTS data from the US and API survey data from the same country. On the corporate side, quarterly data … - [Coca-Cola (KO.US) reported mixed Q1 results](https://todaymarkets.ae/coca-cola-ko-us-reported-mixed-q1-results/): Coca-Cola (KO.US) reported mixed first-quarter results Tuesday, with earnings slightly exceeding analyst expectations while revenue fell short amid currency headwinds and pressure in key developed markets. Q1 Results Show Mixed Performance Coca-Cola reported quarterly earnings of $0.73 per share, beating the analyst consensus estimate of $0.72 by 1.39% and representing a 1.39% increase from the … - [Shares in UPS Rise Despite Pulling Full-Year Guidance on Tariff Uncertainty](https://todaymarkets.ae/shares-in-ups-rise-despite-pulling-full-year-guidance-on-tariff-uncertainty/): United Parcel Service Inc. (UPS.US) shares climbed 4.5% in premarket trading Tuesday after the package delivery giant withdrew its full-year financial guidance amid economic uncertainty created by President Donald Trump’s tariff policies, despite posting better-than-expected first-quarter results. Q1 Results Beat Expectations Despite Revenue Decline UPS reported first-quarter adjusted earnings of $1.49 per share, up 4.2% … - [Trade of The Day - Oil.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti/): Facts: Recommendation: Trade: Short position on OIL.WTI at market priceTarget: 59.00, 57.05Stop: 63.60 Opinion: OIL WTI has experienced a big upward correction recently. However, looking at the H4 interval,  we can see that sellers managed to halt upward movement near the 100- period moving average. In addition the price returned below the earlier broken upper limit … - [Chart of The Day - USD/CAD](https://todaymarkets.ae/chart-of-the-day-usd-cad/): The Canadian dollar (CAD) is one of the stronger G-10 currencies today following the federal elections in Canada held on April 28. The CAD initially weakened after the preliminary election results, which showed the minority Liberal Party in the lead. The volatility stemmed from increased political instability in Canada. However, the CAD later stabilized and … - [Two key factors holding XRP price steady](https://todaymarkets.ae/two-key-factors-holding-xrp-price-steady/): Ripple (XRP) price consolidates gains at the time of writing on Tuesday, following three consecutive daily green candles. Trading at $2.26, XRP is down over 1% on the day, mirroring the stability in the broader crypto market. A pullback from the current market level seems possible, but it may not deter investors from seeking exposure, thereby … - [Bad Day For BP While Banks Shine - Earnings Round-Up](https://todaymarkets.ae/bad-day-for-bp-while-banks-shine-earnings-round-up/): It’s been a massive day for earnings reports in the UK and Europe. HSBC kicked things off and exceeded profit estimates, it also announced a chunky $3bn share buyback. Deutsche Bank added to the good news for the European and Asian banking sector and delivered a stunning Q1 performance, boosted by fixed income trading. Astra … - [Mastercard has launched a comprehensive global framework for stablecoin transactions](https://todaymarkets.ae/mastercard-has-launched-a-comprehensive-global-framework-for-stablecoin-transactions/): Mastercard has launched a comprehensive global framework for stablecoin transactions, enabling consumers to spend and merchants to receive stablecoins seamlessly across wallets, cards, and checkouts. Through new partnerships with OKX and Nuvei, as well as integrations with major crypto platforms like MetaMask, Kraken, and Crypto.com, Mastercard is making stablecoins usable just like traditional money at … - [Spanish GDP And CPI Reports See SPA35 Muted](https://todaymarkets.ae/spanish-gdp-and-cpi-reports-see-spa35-muted/): 07:00 AM GMT, Spain – Inflation Data for April: 07:00 AM GMT, Spain – GDP data: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or … - [Economic Calendar - JOLTs Report And Company Earnings in The Spotlight](https://todaymarkets.ae/economic-calendar-jolts-report-and-company-earnings-in-the-spotlight/): Today’s macroeconomic calendar features a bit more scheduled publications. We will learn several reports from the eurozone, such as GDP from Spain, the consumer sentiment index and M3 money supply from the eurozone, as well as the interest rate decision from Hungary. Next, investors’ attention will shift across the ocean, as PayPal and Abbvie will publish their quarterly earnings before the … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-8/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Soybeans Close Monday with Mixed Action](https://todaymarkets.ae/soybeans-close-monday-with-mixed-action/): The soybean market posted 2 to 4 cent gains in the nearby contracts on Monday, with new crop down ¼ cent on the day. CmdtyView’s national front month Cash Bean price as up 2 3/4 cents at $10.06 3/4. Soymeal futures were down $2.50 to $3/ton, with Soy Oil futures were back up 60 to 65 points.  USDA’s Export Inspections report … - [Corn Holds onto Losses into the Monday Close](https://todaymarkets.ae/corn-holds-onto-losses-into-the-monday-close/): Corn futures failed to get back above 0 by the close, as contracts were down 2 to 6 cents across most contracts on Monday weakness.  The nearby CmdtyView national average Cash Corn price was down 2 1/4 cents at $4.49 1/2. Spillover pressure came from the wheat market. Weekly Export Inspections data tallied corn shipments at 1.654MMT … - [Sugar Prices Fall on Demand Concerns](https://todaymarkets.ae/sugar-prices-fall-on-demand-concerns/): May NY world sugar #11 (SBK25) Monday closed down -0.34 (-1.87%), and August London ICE white sugar #5 (SWQ25) closed down -8.70 (-1.69%). Sugar prices retreated on Monday due to demand concerns.  Green Pool Commodity Specialists said Monday that the volume of outstanding contracts in NY May sugar futures that expire on Wednesday indicates that … - [Signs of Larger Supplies Hammer Cocoa Prices](https://todaymarkets.ae/signs-of-larger-supplies-hammer-cocoa-prices/): July ICE NY cocoa (CCN25) Monday closed down -450 (-4.79%), and May ICE London cocoa #7 (CAK25) closed down -200 (-3.08%). Cocoa prices on Monday fell sharply due to signs of larger global cocoa supplies after Bloomberg reported that Nigerian Mar cocoa exports rose +24% y/y to 27,564 MT.  Nigeria is the world’s fifth-largest cocoa … - [Arabica Coffee Prices Jump on Brazil Coffee Crop Concerns](https://todaymarkets.ae/arabica-coffee-prices-jump-on-brazil-coffee-crop-concerns/): July arabica coffee (KCN25) Monday closed up +10.20 (+2.55%), and July ICE robusta coffee (RMN25) closed down -2 (-0.04%). Coffee prices on Monday settled mixed, with arabica rallying to a 2-1/2 month high.  Arabica coffee prices are climbing because of concern about a smaller Brazilian coffee crop.  Last Tuesday, Rabobank predicted Brazil’s 2025/26 arabica coffee … - [WTI struggles near $61.75 area, over one-week low amid demand concerns](https://todaymarkets.ae/wti-struggles-near-61-75-area-over-one-week-low-amid-demand-concerns/): West Texas Intermediate (WTI) US Crude Oil prices struggle for a firm intraday direction during the Asian session on Tuesday and oscillate in a narrow band around the $61.75 area, just above a one-and-half-week low touched the previous day. The US-China trade war continues to dominate the market sentiment amid mixed signals regarding the state … - [NZD/USD falls to near 0.5950 due to shifting US-China trade signals](https://todaymarkets.ae/nzd-usd-falls-to-near-0-5950-due-to-shifting-us-china-trade-signals/): NZD/USD is retracing its recent gains from the previous session, trading around 0.5960 during the Asian hours on Tuesday. The US Dollar (USD) is finding support as optimism grows over easing US-China trade tensions. US President Donald Trump signaled openness to rolling back tariffs on China, while Beijing granted exemptions on certain US imports—moves that have … - [EUR/CAD remains below 1.5800 after projections show likely minority Carney government](https://todaymarkets.ae/eur-cad-remains-below-1-5800-after-projections-show-likely-minority-carney-government/): The EUR/CAD cross reverses an Asian session dip to the 1.5755-1.5750 region and jumps to a fresh daily top in the last hour, though it lacks follow-through buying. Spot prices remain confined in the previous day’s broader range and currently trade around the 1.5780-1.5785 area, nearly unchanged for the day. The Canadian Dollar (CAD) got … - [GBP/JPY flat lines below 191.00 mark despite broadly weaker JPY](https://todaymarkets.ae/gbp-jpy-flat-lines-below-191-00-mark-despite-broadly-weaker-jpy/): The GBP/JPY cross struggles to capitalize on its modest Asian session uptick and currently trades just below the 191.00 round-figure mark, nearly unchanged for the day. The downside, however, remains cushioned amid the emergence of some selling around the Japanese Yen (JPY), warranting some caution for bearish traders. Despite mixed signals regarding the state of … - [EUR/USD Remains capped below 1.1400, bullish bias prevails](https://todaymarkets.ae/eur-usd-remains-capped-below-1-1400-bullish-bias-prevails/): The EUR/USD pair attracts some sellers to near 1.1375 during the Asian session on Tuesday. The Euro (EUR) weakens against the Greenback amid rising expectations of further rate cuts from the European Central Bank (ECB) in June and mixed signals on US-China trade relations. Technically, the positive outlook of the EUR/USD pair remains in play as the price is well-supported … - [USD/CHF Tests nine-day EMA barrier near 0.8250](https://todaymarkets.ae/usd-chf-tests-nine-day-ema-barrier-near-0-8250/): The USD/CHF pair halts its three-day losing streak, trading around 0.8240 during the Asian hours on Tuesday. The daily chart analysis indicates a potential bullish shift, as the pair consolidates above the descending channel pattern. However, USD/CHF continues to trade around the nine-day Exponential Moving Average (EMA), signaling that short-term momentum remains neutral. Meanwhile, the 14-day Relative Strength … - [JPY keeps the red amid positive risk tone; downside seems limited](https://todaymarkets.ae/jpy-keeps-the-red-amid-positive-risk-tone-downside-seems-limited/): The Japanese Yen (JPY) remains on the back foot through the Asian session on Tuesday as signs of easing tensions between the US and China undermine demand for traditional safe-haven assets. Apart from this, the emergence of some US Dollar (USD) dip-buying lifts the USD/JPY pair to a fresh daily high, close to mid-142.00s in the last … - [USD/INR weakens as investors continue to buy equities](https://todaymarkets.ae/usd-inr-weakens-as-investors-continue-to-buy-equities/): The Indian Rupee (INR) extends its upside on Tuesday after logging its best day in more than two weeks in the previous session. The positive developments surrounding US-India trade talks provide some support to the local currency. US Treasury Secretary Scott Bessent said on Monday that many top trading partners of the US had made … - [GBP/USD Tests nine-day EMA barrier near 1.2950 amid a bullish bias](https://todaymarkets.ae/gbp-usd-tests-nine-day-ema-barrier-near-1-2950-amid-a-bullish-bias/): The GBP/USD pair loses ground after registering gains in the previous two sessions, trading around 1.2930 during the Asian hours on Wednesday. The technical analysis of the daily chart indicates a continued bullish bias, with the pair consolidating within an ascending channel pattern. The 14-day Relative Strength Index (RSI) is positioned above 50, reinforcing strong … - [XAU/USD holds above $3,000 mark; lacks bullish conviction amid positive risk tone](https://todaymarkets.ae/xau-usd-holds-above-3000-mark-lacks-bullish-conviction-amid-positive-risk-tone/): Gold price (XAU/USD) trades comfortably above the $3,000 psychological mark for the second straight day on Wednesday, though it remains below the previous day’s swing high. Persistent uncertainty over US President Donald Trump’s so-called reciprocal tariff plans for next week continues to underpin the safe-haven bullion. Meanwhile, the US Dollar (USD) bulls remain on the … - [USD/CHF holds gains near 0.8850 as US Dollar advances due to prevailing market caution](https://todaymarkets.ae/usd-chf-holds-gains-near-0-8850-as-us-dollar-advances-due-to-prevailing-market-caution/): The USD/CHF pair rebounds after two consecutive days of losses, trading around 0.8840 during Asian hours on Wednesday. The pair strengthens as the US Dollar (USD) finds support amid prevailing market caution ahead of US President Donald Trump’s upcoming tariff announcement on April 2. The US Dollar Index (DXY), which measures the USD against six … - [UK CPI expected to edge slightly lower in February, increasing odds of BoE easing](https://todaymarkets.ae/uk-cpi-expected-to-edge-slightly-lower-in-february-increasing-odds-of-boe-easing/): The United Kingdom’s (UK) Office for National Statistics (ONS) will publish the highly anticipated Consumer Price Index (CPI) data for February on Wednesday at 07:00 GMT. The Pound Sterling (GBP) could experience intense volatility following the UK CPI inflation report, as it is likely to alter the market’s expectations for the Bank of England’s (BoE) … - [WTI Moves Lower on Partial Ceasefire](https://todaymarkets.ae/wti-moves-lower-on-partial-ceasefire/): Ukraine agrees to implement a partial ceasefire, Russia will not attack energy infrastructure 📄🖋️ Crude oil pulls back quite significantly after initial gains in the first part of the session, following news of a partial ceasefire agreement in Ukraine. Russia is said to have agreed, as part of the partial ceasefire, not to attack Ukraine’s … - [Indices Trying to Maintain Yesterday's Gains](https://todaymarkets.ae/indices-trying-to-maintain-yesterdays-gains/): Yesterday’s session on the US stock market ended with clear gains in the main stock indices. These gains were mainly driven by positive geopolitical news – lighter US tariffs, which outweighed weaker macroeconomic data, such as a lower PMI reading for the manufacturing sector. Today, at the opening of the cash session, the indices are trying … - [Talking Commodities - Oil, NATGAS, Corn And Cocoa](https://todaymarkets.ae/5640-2/): Oil Crude oil inventories are rising in line with seasonality, although they remain clearly below levels seen a year ago and below the 5-year average. Source: Bloomberg Finance LP, XTB The crack spread remains elevated, which may suggest potential for a rebound in oil prices in the coming weeks. However, it is important to remember … - [USDIDX Gains Depite Weaker CB Consumer Confidence Report](https://todaymarkets.ae/usdidx-gains-depite-weaker-cb-consumer-confidence-report/): US CB Consumer Confidence Actual 92.9 (Forecast 94, Previous 98.3, Revised 100.1) Average 12-month inflation expectations rose again, from 5.8% in February to 6.2% in March. US consumers remained concerned about high prices for key household staples like eggs and the impact of tariffs. The material on this page does not constitute financial advice and … - [Silver Surges 2% Bolstering Shares In Silver Miners Stocks](https://todaymarkets.ae/silver-surges-2-bolstering-shares-in-silver-miners-stocks/): Silver gains today more than 2% as gold gains 0.5%, and US Dollar weakens slightly, despite a little higher 10-yr treasury yields and flat 2-yr treasuries. Rising silver price signals still strong demand on safe haven assets and may be a mix of a different market factors such as a little more dovish Fed stance, … - [Trade of The Day - AUD/CAD](https://todaymarkets.ae/trade-of-the-day-aud-cad/): Facts:  The main trend on AUDCAD remains downward The price reached the upper limit of 1:1 structure Recommendation:  Trade: Short AUDCAD at market price Target: 0.8975, 0.8953 Stop: 0.9048 Opinion: Looking at the H1 interval, AUDCAD has been trading in a downward trend recently.  Following an upward correction, the price reached the key resistance, marked with … - [VIX Hits One Month Low as Wall Street Rebound Triggers 32% Implied Volatility Crush](https://todaymarkets.ae/vix-hits-one-month-low-as-wall-street-rebound-triggers-32-implied-volatility-crush/): CBOE VIX Volatility Index Futures (VIX) are trading 0.5% lower today, reaching levels last seen on February 27. The past two weeks have brought intense pressure on traders and institutions hedging against further volatility (fear) in the U.S. equity market. Today US500 and US100 are up almost 0.4%. Of course, before then, we’ll also see more quarterly … - [AUD/USD - Recommendation From Credit Agricole](https://todaymarkets.ae/aud-usd-recommendation-from-credit-agricole/): Credit Agricole has issued a recommendation for the AUDUSD currency pair. Credit Agricole recommends taking a long position on the pair with the following levels: Credit Agricole recommends taking a long position on AUDUSD at the market price with a target of 0.6429 and a Stop Loss order at 0.6150. Source: xStation5 ​ The material … - [European Stocks in The Green While Car Sales Slump Across The Region](https://todaymarkets.ae/european-stocks-in-the-green-while-car-sales-slump-across-the-region/): Overall market situation: European stocks are gaining in today’s session after the German IFO survey indicated an improvement in business sentiment in the region’s largest economy, days after news of party approval in the Bundestag for the implementation of changes to the debt ceiling and €500 billion in investments in the arms and renewable energy sectors. … - [German IFO Sentiment Index Slightly Higher Than Expectations](https://todaymarkets.ae/german-ifo-sentiment-index-slightly-higher-than-expectations/): 09:00 – German Ifo Business Climate for March The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you … - [The energy sector and autos are leading European stocks higher.](https://todaymarkets.ae/the-energy-sector-and-autos-are-leading-european-stocks-higher/): The risk rally is fading as we move into Tuesday, after a stunning rally for US stocks at the start of the week. The markets are reacting to news flow as we lead up to the April 2nd deadline for US reciprocal tariffs. At the start of this week investors had taken comfort from the fact … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-5/): The Japanese Yen strengthened Tuesday, pulling USD/JPY down from a three-week high near 151.00 as markets digest hawkish signals from the Bank of Japan’s January meeting minutes. BoJ Signals Further Rate Hikes Minutes from the BoJ’s January meeting revealed growing confidence among policymakers, with several members discussing conditions for future rate increases despite maintaining that … - [Economic Calendar - German IFO And U.S Housing Datain Focus](https://todaymarkets.ae/economic-calendar-german-ifo-and-u-s-housing-datain-focus/): Today’s economic calendar features German business sentiment readings, US housing data, and consumer confidence figures. Markets will be monitoring these indicators for signs of economic health amid ongoing trade tensions, with central bank speakers including Fed’s Williams and Bundesbank’s Nagel potentially offering policy insights. Key Economic Data by Country (GMT) 09:00 – German Ifo Business Climate Data … - [USD/INR rebounds on hopes for softer Trump tariff stance](https://todaymarkets.ae/usd-inr-rebounds-on-hopes-for-softer-trump-tariff-stance/): The Indian Rupee (INR) softens on Tuesday after closing stronger for the ninth consecutive session in the previous session. The persistent US Dollar (USD) sales from foreign banks and a sign of revival in foreign inflows provide some support to the Indian currency, helping the INR claw back all of its losses in 2025 so far. Nonetheless, … - [USD/CAD climbs above 1.4300, upside potential appears as Trump’s tariff announcement looms](https://todaymarkets.ae/usd-cad-climbs-above-1-4300-upside-potential-appears-as-trumps-tariff-announcement-looms/): USD/CAD is trading around 1.4320 during Tuesday’s Asian session, recovering after losses in the previous session. The risk-sensitive pair is gaining as traders remain cautious ahead of US President Donald Trump’s scheduled tariff announcement on April 2. However, the Canadian Dollar (CAD) found support as Trump hinted that “a lot” of countries could receive exemptions, though … - [EUR/GBP consolidates above mid-0.8300s, remains close to three-week low set on Monday](https://todaymarkets.ae/eur-gbp-consolidates-above-mid-0-8300s-remains-close-to-three-week-low-set-on-monday/): The EUR/GBP cross oscillates in a narrow trading band during the Asian session on Tuesday and remains well within striking distance of a nearly three-week low, around the 0.8345 region touched the previous day. The British Pound (GBP) continues with its relative outperformance on the back of the Bank of England’s (BoE) hawkish stance, which, … - [USD/CHF weakens below 0.8850 amid geopolitical tensions](https://todaymarkets.ae/usd-chf-weakens-below-0-8850-amid-geopolitical-tensions/): The USD/CHF pair weakens to around 0.8830 during the Asian trading hours on Tuesday, pressured by a decline in the US Dollar (USD). Traders will keep an eye on the US Conference Board’s Consumer Confidence gauge, New Home Sales and the Richmond Fed Manufacturing Index, which will be released later on Tuesday.  Data released by the S&P Global on Monday showed … - [EUR/JPY Tests 163.00 barrier after breaking above nine-day EMA](https://todaymarkets.ae/eur-jpy-tests-163-00-barrier-after-breaking-above-nine-day-ema/): EUR/JPY holds little losses near 162.80 during Tuesday’s Asian session after two consecutive days of gains. Technical analysis of the daily chart shows the currency cross trending within an ascending channel, reinforcing a bullish outlook. Additionally, the 14-day Relative Strength Index (RSI) stays above 50, strengthening the bullish outlook for the EUR/JPY cross. The cross also holds above … - [Ueda speech: Still need some time to consider what to do with BoJ’s ETF holdings](https://todaymarkets.ae/ueda-speech-still-need-some-time-to-consider-what-to-do-with-bojs-etf-holdings/): Speaking before the Japanese parliament on Tuesday, Bank of Japan (BoJ) Governor Kazuo Ueda said, the central bank “still need some time to consider what to do with BoJ’s ETF holdings.” Additional quotes Must think about valuation and market rout risks when offloading BoJ’s ETF holdings. BoJ’s massive JGB holdings have stock effect that would slightly lower … - [XAU/USD price consolidates above $3,000; downside potential seems limited](https://todaymarkets.ae/xau-usd-price-consolidates-above-3000-downside-potential-seems-limited/): Gold price (XAU/USD) struggles to gain any meaningful traction during the Asian session on Tuesday, though it holds above the $3,000 psychological mark amid mixed fundamental cues. The US Dollar (USD) preserves its recent recovery gains from a multi-month low and sits near a three-week high touched on Monday. Apart from this, the upbeat market mood, bolstered … - [Cotton Closed Higher on Monday](https://todaymarkets.ae/cotton-closed-higher-on-monday/): Cotton futures closed the Monday session with contracts up 15 to 27 points. The outside factors were mixed, with crude oil futures up 88 cents/barrel and the US dollar index $0.236 higher on the day.  The Seam showed another 1,614 bales in online sales on 3/21 at an average price of 59.29 cents/lb. The Cotlook A … - [Dollar Strength Undercuts Sugar Prices](https://todaymarkets.ae/dollar-strength-undercuts-sugar-prices/): May NY world sugar #11 (SBK25) today is down -0.31 (-1.57%), and May London ICE white sugar #5 (SWK25) is down -6.30 (-1.14%). Sugar prices today dropped to 1-week lows after the dollar index (DXY00) rallied to a 2-week high, prompting long liquidation in sugar futures.  Sugar prices have rallied over the past two weeks, … - [Slowing Ivory Coast Cocoa Exports Boosts Prices](https://todaymarkets.ae/slowing-ivory-coast-cocoa-exports-boosts-prices/): May ICE NY cocoa (CCK25) today is up +340 (+4.38%), and May ICE London cocoa #7 (CAK25) is up +246 (+4.05%). Cocoa prices today are sharply higher as short covering emerged on concerns about slowing Ivory Coast cocoa exports.  Today’s government data showed that Ivory Coast farmers shipped 1.43 MMT of cocoa to ports this … - [Arabica Coffee Finishes Higher on Brazil Weather Woes](https://todaymarkets.ae/arabica-coffee-finishes-higher-on-brazil-weather-woes/): May arabica coffee (KCK25) Monday closed up +2.00 (+0.51%), and May ICE robusta coffee (RMK25) closed down -14 (-0.25%). Coffee prices on Monday settled mixed, with arabica coffee climbing to a 2-week high.  Weather concerns in Brazil are boosting arabica prices after Cooxupe, Brazil’s largest arabica coffee co-operative, said high temperatures and below-normal rainfall last … - [BoJ Minutes: Most members agree the likelihood of hitting 2% target had been rising](https://todaymarkets.ae/boj-minutes-most-members-agree-the-likelihood-of-hitting-2-target-had-been-rising/): The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Tuesday, per the BoJ Minutes of the January meeting.     Key quotes Most Board of Japan members expressed the recognition that the likelihood of realizing the outlook had been rising.  Some members recognized real interest rates were expected to stay significantly negative even … - [WTI rises to near $69.00 as US President Donald Trump threatens tariffs on countries buying Venezuelan crude](https://todaymarkets.ae/wti-rises-to-near-69-00-as-us-president-donald-trump-threatens-tariffs-on-countries-buying-venezuelan-crude/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.00 during the early Asian session on Tuesday. The WTI price edges higher to a three-week high as US President Donald Trump said he will impose tariffs on countries that buy oil and gas from Venezuela. Late Monday, Trump said that he would be placing a … - [NZD/USD extends downside below 0.5750 as US tariffs loom](https://todaymarkets.ae/nzd-usd-extends-downside-below-0-5750-as-us-tariffs-loom/): The NZD/USD pair extends the decline to around 0.5725 during the early Asian session on Tuesday. The New Zealand Dollar (NZD) softens to a one-week low amid concerns over the looming April 2 deadline for US reciprocal tariffs. Trump said late Monday that he will announce tariffs on automobile imports in the coming days and … - [AUD extends gains due to cautious tone surrounding RBA's policy outlook](https://todaymarkets.ae/aud-extends-gains-due-to-cautious-tone-surrounding-rbas-policy-outlook/): The Australian Dollar (AUD) extends its gains for the second successive session on Tuesday. However, the AUD/USD pair faced downward pressure amid a strengthening US Dollar (USD). Robust S&P Global Services PMI data and cautious Fedspeak likely fueled the Greenback’s gains. The AUD finds support as investors anticipate the Reserve Bank of Australia (RBA) keeping interest rates unchanged in … - [XAG/USD holds gains near $33.00 as Middle-East tensions rise](https://todaymarkets.ae/xag-usd-holds-gains-near-33-00-as-middle-east-tensions-rise/): Silver price (XAG/USD) pauses its four-day losing streak, trading around $33.10 per troy ounce during Asian market hours on Tuesday. The rebound is driven by increased safe-haven demand amid escalating geopolitical tensions. The United Nations (UN) announced on Monday that it is reducing its international staff in Gaza by about a third following Israeli airstrikes … - [JPY slides to three-week low against USD; lacks follow-through selling](https://todaymarkets.ae/jpy-slides-to-three-week-low-against-usd-lacks-follow-through-selling/): The Japanese Yen (JPY) drifts lower against its American counterpart for the fourth consecutive day, pushing the USD/JPY pair to the 151.00 neighborhood, or a three-week top during the Asian session on Tuesday. The global risk sentiment remains well supported by hopes that US President Donald Trump’s so-called reciprocal tariffs will be narrower and less strict than … - [NZD/USD - Credit Agricole Recommendation](https://todaymarkets.ae/nzd-usd-credit-agricole-recommendation-2/): Credit Agricole has issued a recommendation for the NZDUSD currency pair. Credit Agricole recommends taking a long position on the pair with the following levels: Credit Agricole recommends taking a long position on NZDUSD at the market price with a target of 0.5870 and a Stop Loss order at 0.5600. Source: xStation5 ​​ The material … - [Crypto Related Stocks Advance While Bitcoin Extends Rally](https://todaymarkets.ae/crypto-related-stocks-advance-while-bitcoin-extends-rally/): Cryptocurrency-exposed stocks are surging as Bitcoin gains for a second straight session, climbing 3% to $87,655. The broader market is also rising as investors grow optimistic that President Trump’s upcoming tariffs may be more targeted than initially feared. Leading the crypto stock rally is CleanSpark with an impressive +12.63% gain, followed by MARA Holdings at … - [US100 Gains 1.5%](https://todaymarkets.ae/us100-gains-1-5/): 🚗Tesla gains 10%; the largest intraday growth since November 2024 Wall Street gains as the new trading week begins. The US100 is currently up 1.5%, while the US500 is up 1.3%. As the upcoming April 2 deadline for finalizing all changes to mutual tariffs becomes priced in by markets, Trump’s new comments about possible flexibility … - [Trade of The Day - US2000](https://todaymarkets.ae/trade-of-the-day-us2000/): Facts: Recommendation: Long position at market price Opinion: In recent weeks, the U.S. stock market has experienced extremely negative sentiment, which led to over 10% declines in the valuations of major indices such as the US500 and US100. The US2000 index suffered even more, losing nearly 20% from its peaks, and is currently trading about … - [Monday Markets Turn Green as Tariff Optimism Spreads](https://todaymarkets.ae/monday-markets-turn-green-as-tariff-optimism-spreads/): Major US index futures are showing mixed performance. The S&P 500 (US500) is up +1.19% to 5797.7, while the Dow (US30) has risen +0.72% to 42776. Nasdaq futures (US100) are showing a significant gain of +1.21% to 2111.1, and the Russell 2000 (US2000) is up 1.2%. European markets are predominantly negative, with most indices in … - [U.S PMIs Above Consensus,Miss in Manufacturing Data](https://todaymarkets.ae/u-s-pmis-above-consensusmiss-in-manufacturing-data/): 01:45 PM GMT, United States – PMI Data for March: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted … - [EUR/USD recovers to 1.0850 after mixed European PMIs](https://todaymarkets.ae/eur-usd-recovers-to-1-0850-after-mixed-european-pmis/): The EUR/USD pair edges higher and recovers to 1.0850 at the time of writing on Monday after facing some selling pressure at the end of the previous week, when it briefly broke below the 1.08 big figure level. Overall, the pair is expected to stay above 1.08 for now after United States (US) officials commented on Monday … - [European Shares Rise on Better Manufacturing Outlook](https://todaymarkets.ae/european-shares-rise-on-better-manufacturing-outlook/): As the upcoming April 2 deadline for reciprocal tariffs is becoming less and less feared due to Trump’s flexibility remarks, the growing risk appetite sends European markets up on Monday. At the moment, German DAX adds 0,35%, French CAC40 is up 0,15%, while British FTSE 100 gains 0,1%. Some insights from this month’s PMIs for … - [Technical Analysis - Bitcoin](https://todaymarkets.ae/technical-analysis-bitcoin/): Bitcoin has had a solid downward correction, which has been going on since January of this year. Looking at the W1 interval, this crypto has reached key support in the area of ​​USD 83 thousand. This place results from the lower limit of the wide 1:1 system. According to the Overbalance methodology, if a rebound … - [Roundup Verdict Pushes' Bayer Shares Lower by 7%](https://todaymarkets.ae/roundup-verdict-pushes-bayer-shares-lower-by-7/): Bayer (BAYN.DE) shares are down around 7% early this week after the company received a Roundup verdict and was ordered to pay a $2.1 billion penalty. The company has already paid out a total of $10 billion to settle disputed claims, and more than 66,000 more cases are still pending. A jury in Georgia, South Carolina, … - [NZD/USD Finds initial resistance at 0.5750 near nine-day EMA](https://todaymarkets.ae/nzd-usd-finds-initial-resistance-at-0-5750-near-nine-day-ema/): NZD/USD rebounds after four consecutive losing sessions, trading around 0.5730 during European hours on Monday. Technical analysis of the daily chart indicates a developing bullish bias as the pair moves within an ascending channel pattern. The nine-day Exponential Moving Average (EMA) remains above the 50-day EMA, suggesting an ongoing recovery in the overall trend. However, the pair’s … - [Palladium price today: Rare metals mixed at the start of the European session](https://todaymarkets.ae/palladium-price-today-rare-metals-mixed-at-the-start-of-the-european-session/): Platinum Group Metals (PGMs) trade mixed at the beginning of Monday, according to Today Markets data. Palladium (XPD) changes hands at $963.61 a troy ounce, with the XPD/USD pair advancing from its previous close at $962.30. In the meantime, Platinum (XPT) trades at $979.28 against the United States Dollar (USD) early in the European session, shedding ground … - [XAU/USD marginally higher as markets brace on reciprocal tariff deadline](https://todaymarkets.ae/xau-usd-marginally-higher-as-markets-brace-on-reciprocal-tariff-deadline/): Gold’s price (XAU/USD) stabilizes near $3,030 at the time of writing on Monday as traders assess fresh tariff headlines over the weekend. News emerging that the Trump administration will ease off on the broad scope of tariffs being imposed on April 2 brings sighs of relief in markets. Instead, United States (US) President Donald Trump is said to be … - [Chart of The Day - EURO STOXX 50](https://todaymarkets.ae/chart-of-the-day-euro-stoxx-50/): The European stock market opened the new week in the green, recovering part of the recent correction. Friday’s remark by Donald Trump that upcoming retaliatory tariffs could be somewhat flexible sparked some risk appetite. On the other hand, the bullish opening slowed down with the release of mixed PMI indicators, which still raise doubts about the … - [Mixed UK PMIs Moves GBP Lower](https://todaymarkets.ae/mixed-uk-pmis-moves-gbp-lower/): 09:30 AM GMT, United Kingdom – PMI Data for March: The latest S&P Global Flash UK PMI survey for March revealed a mixed picture for the economy, with business activity expanding across the private sector. The service sector showed strong growth, driven by improvements in both domestic and international sales, marking the fastest upturn since August 2024. However, the … - [Mixed Eurozone PMIs Point to Stagnating Services](https://todaymarkets.ae/mixed-eurozone-pmis-point-to-stagnating-services/): 09:00 AM GMT, Euro Zone – PMI Data for March: Eurozone business activity expanded slightly in March, with the HCOB Flash Composite PMI rising to 50.4, marking the fastest growth since last August, albeit below market expectations (51.2). The expansion was driven by manufacturing output returning to growth for the first time in two years. Employment remained stable despite … - [German Flash PMIs Higher Than Expected](https://todaymarkets.ae/german-flash-pmis-higher-than-expected/): 08:15 AM GMT, France – PMI Data for March: 08:30 AM GMT, Germany – PMI Data for March: German business activity increased at the quickest pace in ten months, driven by a rebound in manufacturing output, which saw its first increase in nearly two years, while the service sector stagnated amid weak demand. Inflationary pressures eased, employment continued to decline – though at a slower pace – … - [Eurozone Inflation on Target And Ahead of Projections, Dovish Signals From The ECB](https://todaymarkets.ae/eurozone-inflation-on-target-and-ahead-of-projections-dovish-signals-from-the-ecb/): ‘Inflation target may be reached sooner than last projections indicated,’ commented European Central Bank (ECB) Executive Board member Piero Cipollone. Following Friday’s remarks from Stournaras that “everything points to another cut in April,” ECB members continue their dovish tone into the new week. According to Piero Cipollone, the potential of the European GDP should not be … - [Economic Calendar - All Eyes On March PMIs](https://todaymarkets.ae/economic-calendar-all-eyes-on-march-pmis/): The week of central banks has come to an end, but key data will continue to flow in the coming days. Monday will be marked by preliminary March PMI indicators, which will provide investors with insights into industrial and service sector activity in major economies. In Europe, previous PMI reports primarily pointed to weak consumption … - [The Week Ahead](https://todaymarkets.ae/the-week-ahead-4/): Three events to watch in the week ahead The last trading week of March will be crucial for financial markets. Not only will we get a timely update on economic conditions in the era of President Trump’s economic policies. We are also just over a week away from President Trump’s reciprocal tariffs that are scheduled … - [GBP/USD attracts some buyers to near 1.2950 as traders await US PMI release](https://todaymarkets.ae/gbp-usd-attracts-some-buyers-to-near-1-2950-as-traders-await-us-pmi-release/): The GBP/USD pair attracts some buyers to around 1.2940 during the early European session on Monday, bolstered by the softer Greenback. The uncertainty about US President Donald Trump’s next round of tariffs and concerns over the US economic slowdown weigh on the US Dollar (USD) against the Pound Sterling (GBP).  The preliminary reading of the US S&P Global Manufacturing Purchasing Managers Index … - [The Market View](https://todaymarkets.ae/the-market-view/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [EUR/GBP edges higher above 0.8350 as traders brace for Eurozone/German PMI data](https://todaymarkets.ae/eur-gbp-edges-higher-above-0-8350-as-traders-brace-for-eurozone-german-pmi-data/): The EUR/GBP cross gains traction to near 0.8380 during the early European session on Monday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as Germany’s upper house of parliament signed off on a landmark debt reform plan. Later on Monday, the preliminary reading of the Purchasing Managers Index (PMI) reports from Germany and the Eurozone will be in the … - [USD/CHF maintains position near 0.8850 ahead of US PMI data](https://todaymarkets.ae/usd-chf-maintains-position-near-0-8850-ahead-of-us-pmi-data/): USD/CHF extends its winning streak for the fourth consecutive session, trading near 0.8840 during Asian hours on Monday. The pair gains as the US Dollar (USD) recovers its daily losses, supported by rising Treasury yields amid a hawkish tone surrounding the Federal Reserve (Fed). Last week, Fed Chair Jerome Powell noted, “Labor market conditions are solid, and … - [Bitcoin, Ethereum, Ripple: BTC, ETH, and XRP consolidate before a potential breakout](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-consolidate-before-a-potential-breakout/): Bitcoin (BTC) hovers around $85,600 on Monday after recovering 4.25% last week. Ethereum (ETH) and Ripple (XRP) also followed in BTC’s footsteps, hovering around their key levels after recovering almost 7% each the previous week.  Bitcoin bulls aim for $90,000 mark  Bitcoin price broke and closed above its 200-day Exponential Moving Average (EMA) at around $85,502 last week but failed … - [WTI remains subdued around $68.00 following ceasefire discussions between Ukraine, US](https://todaymarkets.ae/wti-remains-subdued-around-68-00-following-ceasefire-discussions-between-ukraine-us/): West Texas Intermediate (WTI) Oil price continues to decline for the second consecutive session, trading around $68.00 per barrel during Asian hours on Monday. The drop comes as geopolitical tensions ease following discussions between Ukrainian and US officials in Riyadh on Sunday, which may lead to an increase in Russian Oil supply to global markets, … - [USD/CAD flat lines below mid-1.4300s after Canada's PM calls snap election](https://todaymarkets.ae/usd-cad-flat-lines-below-mid-1-4300s-after-canadas-pm-calls-snap-election/): The USD/CAD pair kicks off the new week on a softer note amid the emergence of some selling around the US Dollar (USD), though it lacks bearish conviction and has now reversed an Asian session dip to the 1.4325 region. Spot prices, however, remain confined in Friday’s broader range and currently trade just below mid-1.4300s, nearly unchanged for … - [FX option expiries for Mar 24 NY cut](https://todaymarkets.ae/fx-option-expiries-for-mar-24-ny-cut/): FX option expiries for Mar 24 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts USD/JPY: USD amounts                                  USD/CHF: USD amounts      AUD/USD: AUD amounts USD/CAD: USD amounts        - [EUR/JPY advances to near 162.00 after release of downbeat Japan’s PMI data](https://todaymarkets.ae/eur-jpy-advances-to-near-162-00-after-release-of-downbeat-japans-pmi-data/): EUR/JPY continues its upward momentum for a second consecutive session, trading near 162.00 during Asian hours on Monday. The Japanese Yen remains under pressure as weaker-than-expected Purchasing Managers’ Index (PMI) data offsets a hawkish Bank of Japan’s (BoJ) outlook. Investors are now looking ahead to preliminary PMI figures for the Eurozone and Germany, set for release later in … - [EUR/USD Gathers strength above 1.0800, bullish bias remains](https://todaymarkets.ae/eur-usd-gathers-strength-above-1-0800-bullish-bias-remains/): The EUR/USD pair edges higher to around 1.0815, snapping the three-day losing streak during the early Asian session on Monday. The concerns over the economic slowdown in the United States by trade policies under US President Donald Trump weigh on the US dollar (USD) and create a tailwind for EUR/USD. Traders will take more cues from the preliminary reading … - [AUD receives support from cautious RBA, China's stimulus measures](https://todaymarkets.ae/aud-receives-support-from-cautious-rba-chinas-stimulus-measures/): The Australian Dollar (AUD) strengthens against the US Dollar (USD) on Monday after two consecutive days of losses. The AUD/USD pair rises as the AUD finds support following the release of preliminary Judo Bank Purchasing Managers Index (PMI) data. Australia’s Judo Bank Manufacturing PMI climbed to 52.6 in March from 50.4 in February, while the Services PMI improved to … - [USD/JPY remain depressed amid positive risk tone; hawkish BoJ expectations could limit losses](https://todaymarkets.ae/usd-jpy-remain-depressed-amid-positive-risk-tone-hawkish-boj-expectations-could-limit-losses/): The Japanese Yen (JPY) retains its negative bias through the Asian session on Monday in the wake of the disappointing release of Japan’s March Purchasing Managers’ Index (PMI). Apart from this, a generally positive tone around the equity markets is seen as another factor undermining the safe-haven JPY. This, along with a modest intraday US Dollar (USD) … - [USD/INR softens ahead of Indian PMI releases](https://todaymarkets.ae/usd-inr-softens-ahead-of-indian-pmi-releases/): The Indian Rupee (INR) trades stronger on Monday after closing its strongest in over two months. Positive domestic equities and fresh foreign fund inflows could provide some support to the Indian currency. Additionally, the US Dollar (USD) inflows help mitigate the impact of the decline in Asian peers.  Nonetheless, a rebound in Crude Oil prices amid the ongoing geopolitical … - [XAG/USD steadies near $33.00 as US economic concerns rise](https://todaymarkets.ae/xag-usd-steadies-near-33-00-as-us-economic-concerns-rise/): Silver price (XAG/USD) edges higher on Monday, trading around $33.10 per troy ounce during Asian hours after three consecutive sessions of losses. The rebound is driven by a weaker US Dollar as concerns over a potential US economic slowdown grow due to trade policies under President Donald Trump. The US Dollar Index, which measures the USD … - [XAU/USD holds below $3,050 amid hopes for Ukraine peace deal](https://todaymarkets.ae/xau-usd-holds-below-3050-amid-hopes-for-ukraine-peace-deal/): The Gold price (XAU/USD) extends the decline to around $3,025 during the early Asian session on Monday. The precious metal edges lower after reaching an all-time high on Thursday amid hopes for a Ukraine peace deal. However, potential rate cuts signaled by the Federal Reserve (Fed) and ongoing economic uncertainties might cap the upside for yellow metal.  … - [Crude Oil Posts Second Consecutive Week of Gains](https://todaymarkets.ae/crude-oil-posts-second-consecutive-week-of-gains/): The May WTI (CLK25) contract settled at 68.28 (+0.21) [+0.31%], high of 68.65, low of 66.63. Spot price is 68.08 (+0.95), open interest for CLK25 is 321,089. CLK25 settled above its 5 day (67.24), above its 20 day (67.64), below its 50 day (70.54), below its 100 day (69.63), below its 200 day (70.55) and below its year-to … - [A Weak End of The Week For Cotton](https://todaymarkets.ae/a-weak-end-of-the-week-for-cotton/): Cotton futures closed the Friday session with contracts falling back 70 to 81 points on the day. May closed the week slipping 210 points since last Friday. The outside factors were mixed, with crude oil futures up 30 cents/barrel and the US dollar index $0.293 higher on the day. Cotton export commitments for the 2024/25 marketing … - [Sugar Prices Fall on Long Liquidation as the Dollar Gains](https://todaymarkets.ae/sugar-prices-fall-on-long-liquidation-as-the-dollar-gains/): May NY world sugar #11 (SBK25) Friday closed down -0.28 (-1.40%), and May London ICE white sugar #5 (SWK25) closed down -11.60 (-2.06%). Sugar prices Friday settled moderately lower as a rally in the dollar index (DXY00) to a 2-week high sparked long liquidation in sugar futures.  Sugar prices have rallied over the past two … - [Cocoa Prices Finish Sharply Lower as the Supply Outlook Improves](https://todaymarkets.ae/cocoa-prices-finish-sharply-lower-as-the-supply-outlook-improves/): May ICE NY cocoa (CCK25) Friday closed down -306 (-3.79%), and May ICE London cocoa #7 (CAK25) closed down -162 (-2.60%). Cocoa prices Friday tumbled to 4-1/4 month lows and settled sharply lower.  Cocoa prices have been on the defensive over the past five weeks on an improving supply outlook.  On February 28,  the International … - [Hot and Dry Weather in Vietnam Boosts Robusta Coffee Prices](https://todaymarkets.ae/hot-and-dry-weather-in-vietnam-boosts-robusta-coffee-prices/): May arabica coffee (KCK25) Friday closed down -0.75 (-0.19%), and May ICE robusta coffee (RMK25) closed up +18 (+0.33%). Coffee prices Friday settled mixed.  Friday’s rally in the dollar index (DXY00) to a 2-week high undercut most commodity prices, including coffee.  However, robusta coffee moved higher on crop concerns in Vietnam after the Dak Lak … - [BTC price at $84K, Tether tops Canada for US Treasuries as SUI and Tron lead $50B altcoin rally](https://todaymarkets.ae/btc-price-at-84k-tether-tops-canada-for-us-treasuries-as-sui-and-tron-lead-50b-altcoin-rally/): Bitcoin market updates:  Bitcoin price tumbles below $84,000 on Friday as investors rotated funds toward altcoins.Bitcoin ETFs saw another $165 million outflows on Thursday, extending its consecutive days of inflows to four days, dating back to last Friday.  Bitcoin ETF Flows, March 20 | SosoValue During this period, BTC ETFs have invested over $680 million. … - [ETH sees increased buying pressure as Pectra upgrade draws closer](https://todaymarkets.ae/eth-sees-increased-buying-pressure-as-pectra-upgrade-draws-closer/): Ethereum price today: $1,960 Ethereum (ETH) trades above $1,900 on Friday following investors stepping up their buying pressure in March. The top altcoin could be set for a recovery if the Pectra upgrade proves to be a strong price catalyst. Ethereum investors increase buying pressure despite weak prices Ethereum supply on exchanges declined further on Friday, … - [Coinbase in $5B talks to acquire Deribit, World’s largest BTC and ETH Options trading platform](https://todaymarkets.ae/coinbase-in-5b-talks-to-acquire-deribit-worlds-largest-btc-and-eth-options-trading-platform/): Coinbase eyes global expansion with Deribit acquisition Coinbase is in advanced negotiations to acquire Deribit, the world’s largest platform for Bitcoin and Ethereum Options trading, according to a Bloomberg report. The deal, which could significantly expand Coinbase’s derivatives footprint, remains under discussion with regulators in Dubai, where Deribit holds a key operational license.Bloomberg, citing anonymous sources, reported that “the companies have … - [GBP/USD slips as trader war fears, central bank uncertainty weigh](https://todaymarkets.ae/gbp-usd-slips-as-trader-war-fears-central-bank-uncertainty-weigh/): The Pound Sterling (GBP) is dropping some 0.29% against the US Dollar (USD) on Friday, set to end the week unchanged after major central banks featured monetary policy decisions led by the Federal Reserve (Fed) and the Bank of England (BoE). At the time of writing, GBP/USD is trading at 1.2931 after hitting a daily peak of 1.2969. Sterling drops 0.29%, set to end the … - [Banxico expected to cut rates to 9% – Reuters](https://todaymarkets.ae/banxico-expected-to-cut-rates-to-9-reuters/): A Reuters poll revealed that on March 27, Banco de Mexico (Banxico) is expected to cut interest rates by 50 bps amid the evolution of the disinflation process and an ongoing economic slowdown. Economists expect rates to get as low as 8.25% in 2025 Of 25 economists, 23 expect the central bank to lower borrowing costs by … - [EUR/USD extends losses but 100-200 SMA crossover offers support](https://todaymarkets.ae/eur-usd-extends-losses-but-100-200-sma-crossover-offers-support/): EUR/USD declined on Friday’s session after the European close, moving near the 1.0820 zone as the pair tallied a third straight day in the red. After a strong rally earlier in the month, the pair has lost over 1% this week, with momentum indicators now flashing bearish signals. Still, structural support remains firm as key moving averages align … - [XAU/USD price dips on Friday but is set for weekly gains amid strong US Dollar](https://todaymarkets.ae/xau-usd-price-dips-on-friday-but-is-set-for-weekly-gains-amid-strong-us-dollar/): Gold price retreats for the second straight day yet is poised to finish the week in the green amid broad US Dollar (USD) strength and traders booking profits ahead of the weekend. The XAU/USD trades at $3,019, down 0.81%. Market mood remains downbeat, yet US equities are trimming some of their previous losses. Bullion remains … - [USD continues recovering ahead of the weekend](https://todaymarkets.ae/usd-continues-recovering-ahead-of-the-weekend/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, is ticking higher on Friday, helped by a wave of geopolitical unease. Despite a retreat in Treasury yields and the Federal Reserve’s (Fed) reaffirmation of its cutting path for 2025, the Greenback gains modest ground. The index attempts … - [XAG/USD crashes toward $33.00, suffers worst daily loss since February](https://todaymarkets.ae/xag-usd-crashes-toward-33-00-suffers-worst-daily-loss-since-february/): A rebound above $33.10 could trigger a late recovery toward $33.50, but bearish momentum remains dominant. Silver prices plunged late in the North American session, hitting a weekly low beneath $33.00, sustaining its most significant loss since February 25, 2025. At the time of writing, XAG/USD trades at $33.03, down more than 1.6%, blamed on … - [Mexican Peso struggles as markets react to weak data, trade anxiety](https://todaymarkets.ae/mexican-peso-struggles-as-markets-react-to-weak-data-trade-anxiety/): The Mexican Peso remained defensive against the US Dollar on Friday, fueled by fears about trade policies the United States (US) implemented amid a busy week in the central bank space. Softer data in Mexico suggest the economy is slowing down harder than expected, hence the Peso’s depreciation. The USD/MXN trades at 20.23, up 0.45%. During the … - [AUD/JPY dips slightly as 20-day SMA offers support](https://todaymarkets.ae/aud-jpy-dips-slightly-as-20-day-sma-offers-support/): On Friday’s session the AUD/JPY edged slightly lower and was seen trading in the 93.70 area. The pair has now posted three straight sessions of mild declines, though it remains above a key support level. Price action shows some hesitation from sellers, as bulls attempt to defend the 20-day Simple Moving Average, hinting at a … - [NZD/USD slips as moving average cluster offers key support](https://todaymarkets.ae/nzd-usd-slips-as-moving-average-cluster-offers-key-support/): During Friday’s session ahead of the Asian open, NZD/USD declined modestly and was last seen hovering around the 0.5730 area. The pair remains under pressure after sellers stepped in earlier in the day, with price action now centered around the convergence of the 20-day and 100-day Simple Moving Averages—a key technical juncture for the short-term outlook. … - [The Today Markets Market Recap](https://todaymarkets.ae/the-today-markets-market-recap/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Big Tech Stocks Fuel Wall Street Recovery](https://todaymarkets.ae/big-tech-stocks-fuel-wall-street-recovery/): Big Tech stocks are bouncing back in the middle of Friday’s session, pulling U.S. indices out of deep losses. A key catalyst for the recovery was President Trump’s suggestion that the tariffs scheduled for April 2nd may be somewhat flexible. Tesla (TSLA.US: +4.6%) is gaining the most at the moment, with shares of Apple (AAPL.US: +0.3%), … - [Boeing Surges 5% After Winning Nex-Gen U.S Jet Fighter Program](https://todaymarkets.ae/boeing-surges-5-after-winning-nex-gen-u-s-jet-fighter-program/): Boeing (BA.US) shares surged more than 5% after the company won a strategic Pentagon contract for a new U.S. fighter jet, valued at $20 billion. Lockheed Martin (LMT.US) shares plunged nearly 5% following the news, as the company failed to outcompete Boeing. Recently, Boeing’s CFO signaled that the company’s cash burn rate is slowing this year by ‘hundreds … - [Fed's Waller, Williams And Goolsbee Comments on U.S Economy](https://todaymarkets.ae/feds-waller-williams-and-goolsbee-comments-on-u-s-economy/): The U.S. dollar continues to strengthen today, with the EURUSD pair down nearly 0.3%. On March 21, several Federal Reserve (Fed) members — Christopher Waller, John Williams, and Austan Goolsbee — shared their views on the U.S. economy, inflation, tariffs, and monetary policy. Here is the complete breakdown of their comments. Christopher Waller (Fed) John … - [Three Markets to Watch](https://todaymarkets.ae/three-markets-to-watch/): 3 markets to watch in uncertain times This week has been all about uncertainty. As we have mentioned in previous notes, there is a deficit of confidence in financial markets right now, which is the reason that risk assets are struggling. However, there are always opportunities in financial markets. Below, we give you the top … - [Gold Dips 1.3% On Profit Taking?](https://todaymarkets.ae/gold-dips-1-3-on-profit-taking/): 🪙The Triple Witching Day increases market volatility and drives profit-taking in precious metals Gold and other precious metals are losing ground today as the Triple Witching Day increases volatility (volume) and encourages some profit-taking after a significant rally in this instrument. Gold has risen 16% this year in a rally that has reached 15 record … - [Mixed Canadian Retails Sales Data, USDCAD Gains](https://todaymarkets.ae/mixed-canadian-retails-sales-data-usdcad-gains/): 12:30 PM GMT, Canada – New Housing Price Index for February: 12:30 PM GMT, Canada – Retail Sales Data for January: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results … - [IAG Shares Fall 2% on Heathrow Airport Closure](https://todaymarkets.ae/iag-shares-fall-2-on-heathrow-airport-closure/): Shares of International Airlines Group (IAG.UK) are losing nearly 2% during today’s session after a fire at an electrical substation supplying the airport forced Heathrow to face a significant power outage and suspend air traffic for the entire day. British Airways (IAG’s subsidiary) alone had 341 flights scheduled to land at Heathrow on Friday. In total, nearly … - [Trade of The Day - EUR/USD](https://todaymarkets.ae/trade-of-the-day-eur-usd-4/): Facts: Recommendation: Opinion: EUR/USD is on the brink of a trend reversal after forming a double-top pattern. The MACD is trending lower following a sell signal (bearish crossover), while the RSI remains in bearish divergence despite the currency making a higher high. A stop-loss is set above the previous high, which would invalidate this thesis. … - [Douglas Shares Plummet While Adidas Declines And Nike Shows Weaker Outlook](https://todaymarkets.ae/douglas-shares-plummet-while-adidas-declines-and-nike-shows-weaker-outlook/): Most European indices are in the red as weakness persists. The DE40 is down 0.85%, the French FRA40 has dropped 0.7%, and the British UK100 is dipping 0.5%. The AUT20 is down 4.1% after the contract rollover, while the new contract trades 1.2% lower. Dax Returns by Sector. Source: Bloomberg Financial LP Volatility is currently … - [European Markets in The Red](https://todaymarkets.ae/european-markets-in-the-red/): The confidence deficit: central bankers and Heathrow fire weigh on markets Stock markets in Europe are a sea of red as we end the week, and the great European stock market rally may have stalled. The German Dax index, the best performing index in Europe so far in 2025, is set for a weekly decline, … - [Chart of The Day - OIL. WTI](https://todaymarkets.ae/chart-of-the-day-oil-wti-2/): Oil prices declined slightly on Friday, securing a second consecutive week of gains as fresh U.S. sanctions on Iran and new OPEC+ output cut plans fueled expectations of tighter supply. Brent crude dropped 0.17% to $71.59 per barrel while WTI declined 0.42% to $68.20, with both benchmarks on track for their largest weekly increases since … - [Bad news Bitcoin bulls, the long-hoped-for retail is already here: CryptoQuant](https://todaymarkets.ae/bad-news-bitcoin-bulls-the-long-hoped-for-retail-is-already-here-cryptoquant/): Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven’t piled in yet might be using an outdated playbook, according to a crypto executive. “The idea that the cycle isn’t over just because onchain retail activity is absent needs reconsideration,” CryptoQuant founder and CEO Ki Young Ju said in a … - [WTI remains stable above $68.00, poises for a second straight weekly gain](https://todaymarkets.ae/wti-remains-stable-above-68-00-poises-for-a-second-straight-weekly-gain/): West Texas Intermediate (WTI) Oil price holds ground for the third successive session, trading around $68.40 per barrel during Asian hours on Friday. Oil prices remain on track for their second consecutive weekly increase, driven by new United States (US) sanctions on Iran. On Thursday, the US Treasury imposed fresh Iran-related sanctions, targeting an independent Chinese refiner … - [Chart of The Day - OIL.WTI](https://todaymarkets.ae/chart-of-the-day-oil-wti-3/): West Texas Intermediate (OIL.WTI) crude rebounded 1.5% to $58.19 on Tuesday following Monday’s 2% drop to its lowest level since February 2021. This modest recovery comes as Chinese buyers returned from a holiday, seizing opportunities at current low prices. OPEC+ Pivot Drives Price Plunge OPEC+ surprised markets by announcing a 411,000 barrels per day increase … - [Nat-Gas Prices Retreat on the Outlook for Weak Demand to Boost Inventories](https://todaymarkets.ae/nat-gas-prices-retreat-on-the-outlook-for-weak-demand-to-boost-inventories/): June Nymex natural gas (NGM25) on Monday closed down by -0.080 (-2.20%). June nat-gas prices on Monday fell from a 3-week high and posted moderate losses.  Nat-gas prices erased an early advance Monday after updated weather forecasts called for mild temperatures across most of the US, reducing demand for nat gas for running heat or … - [Economic Calendar - PMI Data And U.S. Trade Balance in Focus](https://todaymarkets.ae/economic-calendar-pmi-data-and-u-s-trade-balance-in-focus/): Today’s economic calendar features key services sector data from Europe and trade balance figures from the US and Canada. Markets will be closely monitoring these indicators for signs of economic health amid ongoing trade tensions between major economies. The Federal Reserve’s two-day policy meeting begins today, with investors particularly focused on how the central bank … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-11/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Cotton Starts The Week Higher](https://todaymarkets.ae/cotton-starts-the-week-higher/): Cotton futures closed out Monday with contracts steady to 30 points higher. Crude oil prices were under pressure, down $1.05 as OPEC+ announce another 411,000 barrel per day increase in June. The US dollar index was down $0.240 to $99.600. Crop Progress data showed 21% of the US cotton crop planted as of 5/4, faster … - [Short Covering Lifts Sugar Prices as the Dollar Weakens](https://todaymarkets.ae/short-covering-lifts-sugar-prices-as-the-dollar-weakens/): July NY world sugar #11 (SBN25) Monday closed up +0.27 (+1.57%), and August London ICE white sugar #5 (SWQ25) did not trade today, with markets in the UK closed for the May Day holiday. Sugar prices on Monday settled moderately higher as a weaker dollar (DXY00) prompted short-covering in sugar futures after last week’s sell-off. … - [Cocoa Prices Fall on Favourable Weather in West Africa](https://todaymarkets.ae/cocoa-prices-fall-on-favourable-weather-in-west-africa/): July ICE NY cocoa (CCN25) Monday closed down -359 (-4.04%), and July ICE London cocoa #7 (CAN25) did not trade with markets in the UK closed for the May Day holiday. Cocoa prices on Monday fell sharply on signs that improved weather conditions in West Africa benefited the cocoa crops in the Ivory Coast and … - [Arabica Coffee Prices Settle Higher on Below-Normal Rain in Brazil](https://todaymarkets.ae/arabica-coffee-prices-settle-higher-on-below-normal-rain-in-brazil/): July arabica coffee (KCN25) Monday closed up +2.85 (+0.74%), and July ICE robusta coffee (RMN25) did not trade with markets in the UK closed for the May Day holiday. Arabica coffee on Monday recovered from a 1-1/2 week low and posted moderate gains after below-normal rainfall in Brazil sparked short covering in coffee futures.  Somar … - [Wheat Weakness Comes Back on Monday](https://todaymarkets.ae/wheat-weakness-comes-back-on-monday/): The wheat market fell lower across the three markets on Monday. Chicago SRW futures were 11 to 13 cents lower on Monday. Kansas City HRW futures were under pressure on Monday with contracts 8 to 9 cents in the red. Minneapolis spring wheat futures was the firmest of the three exchanges, steady to 2 cents … - [Soybeans Fall to Start the Week](https://todaymarkets.ae/soybeans-fall-to-start-the-week/): Soybeans fell lower on Monday, with contracts down 8 to 13 cents across most months at the close. CmdtyView’s national front month Cash Bean price was down 13 cents at $9.93. Soymeal futures were down $1.40 to $2.20/ton, with Soy Oil futures falling 42 to 71 points. Export Inspections data showed a total of 324,101 MT (11.91 mbu) of soybeans shipped … - [Corn Collapses Towards April Lows on Monday](https://todaymarkets.ae/corn-collapses-towards-april-lows-on-monday/): Corn futures closed out the Monday session with contracts down 14 to 15 cents in the front months and 7 to 8 cents in the new crop contracts. The nearby CmdtyView national average Cash Corn price was down 15 at $4.24 3/4. An opening for planting across the Corn Belt, along with decent weather in much of … - [USD/CHF holds above 0.8200; upside seems limited](https://todaymarkets.ae/usd-chf-holds-above-0-8200-upside-seems-limited/): The USD/CHF pair struggles to capitalize on a modest Asian session uptick and is currently placed near the lower boundary of its daily range amid subdued US Dollar (USD) price action. Spot prices, however, manage to hold above the 0.8200 mark as traders opt to wait for the outcome of a two-day FOMC monetary policy meeting … - [GBP/USD Hovers around 1.3300 as nine-day EMA caps upside](https://todaymarkets.ae/gbp-usd-hovers-around-1-3300-as-nine-day-ema-caps-upside/): The GBP/USD pair attempts to maintain its position after registering gains in the previous session, trading around 1.3300 during the Asian trading hours on Tuesday. Technical analysis on the daily chart suggests a neutral short-term price momentum, as the pair is hovering around the nine-day Exponential Moving Average (EMA). However, the GBP/USD pair continues to trade above the 14-day Relative Strength … - [Warren Leaves Berkshire And The Stock Falls Sharply](https://todaymarkets.ae/warren-leaves-berkshire-and-the-stock-falls-sharply/): Berkshire Hathaway shares fell nearly 6% in early trading after this weekend’s announcement: investment legend and the greatest investor of all time, Warren Buffett, announced he would step down as the company’s CEO. The news came at the last minute of Berkshire’s 60th annual shareholder meeting, which brought together some 40,000 people in Omaha, Nebraska. Warren Buffett … - [EUR/USD Remains confined in a range around 1.1300 ahead of FOMC meeting](https://todaymarkets.ae/eur-usd-remains-confined-in-a-range-around-1-1300-ahead-of-fomc-meeting/): The EUR/USD pair reverses an Asian session tip to the 1.1280-1.1275 region on Tuesday and climbs a fresh daily high in the last hour, though it lacks strong follow-through buying. Spot prices remain confined in a multi-day-old trading range, close to the three-week low touched last Thursday, as traders opt to wait on the sidelines ahead of … - [JPY reverses Asian session dip; USD/JPY seems vulnerable below 144.00](https://todaymarkets.ae/jpy-reverses-asian-session-dip-usd-jpy-seems-vulnerable-below-144-00/): The Japanese Yen (JPY) edged lower against its American counterpart during the Asian session on Tuesday, though it lacks any follow-through selling. Despite the Bank of Japan’s (BoJ) dovish guidance last Thursday, the broadening inflation in Japan and prospects of sustained wage hikes keep the door open for further tightening by the central bank. Apart … - [NZD/USD remains vulnerable near 0.5950 due to weak Chinese PMI data](https://todaymarkets.ae/nzd-usd-remains-vulnerable-near-0-5950-due-to-weak-chinese-pmi-data/): NZD/USD is retreating around 0.5960 during Tuesday’s Asian session after two consecutive days of gains. The pullback follows a decline in the New Zealand Dollar (NZD), pressured by disappointing Chinese economic data. China’s services sector grew at its slowest pace since September, with the Caixin Services Purchasing Managers’ Index (PMI) falling to 50.7 in April from 51.9 … - [USD/CAD trades with mild positive bias, remains below mid-1.3800s](https://todaymarkets.ae/usd-cad-trades-with-mild-positive-bias-remains-below-mid-1-3800s/): The USD/CAD pair edges higher for the second consecutive day on Tuesday, though it lacks strong follow-through buying and remains confined in a familiar range held over the past two weeks or so. Spot prices currently trade around the 1.3830 region, up less than 0.5% for the day amid a combination of diverging forces. The US … - [WTI rises above $57.50, continues recovery despite concerns over rising global supply](https://todaymarkets.ae/wti-rises-above-57-50-continues-recovery-despite-concerns-over-rising-global-supply/): West Texas Intermediate (WTI) crude Oil price continues to recover during Asian trading on Tuesday, hovering around $57.60 per barrel after a nearly 2% decline on Monday. However, gains were capped by concerns over rising global supply following an OPEC+ decision to accelerate output increases. Last week, OPEC+, the Organization of the Petroleum Exporting Countries and its … - [XAU/USD eases from two-week high; bullish bias remains amid rising geopolitical risks](https://todaymarkets.ae/xau-usd-eases-from-two-week-high-bullish-bias-remains-amid-rising-geopolitical-risks/): Gold price (XAU/USD) trims a part of its strong intraday gains to a nearly two-week high touched during the Asian session on Tuesday and currently trades around the $3,360 area, still up for the second consecutive day. The recent US macro data helped ease concerns about a recession and lend some support to the US … - [XAG/USD breaks above $33.00 following Trump's new tariff threat](https://todaymarkets.ae/xag-usd-breaks-above-33-00-following-trumps-new-tariff-threat/): Silver price (XAG/USD) extends its gains for the second successive session, trading around $33.10 per troy ounce during the Asian hours on Tuesday. The prices of the precious metals, including Silver, rose as President Donald Trump’s new tariff threat spurred demand for safe-haven assets. President Trump announced plans to direct the US Trade Representative and … - [USD/INR rises due to potential importer hedging demand, RBI dollar-buying interventions](https://todaymarkets.ae/usd-inr-rises-due-to-potential-importer-hedging-demand-rbi-dollar-buying-interventions/): The Indian Rupee (INR) edges lower against the US Dollar (USD) during the Asian hours on Tuesday. However, the USD/INR pair may continue to encounter resistance as the INR gains support from certain market factors. Investors are closely watching the Federal Reserve’s policy decision, along with any progress on a US-India trade agreement and ongoing … - [Sentiment Mixed in Europe While The DAX40 Approaches' Historical Highs](https://todaymarkets.ae/sentiment-mixed-in-europe-while-the-dax40-approaches-historical-highs/): Overall market situation: The mood on the European stock exchanges is mixed, but price movements remain within a fairly narrow range; the UK market is closed, the German DAX is gaining 0.76%, while the French CAC40 is losing 0.57%. The economic calendar for today’s session focuses on the ISM PMI data for services from the … - [Trade of The Day - USD/IDX](https://todaymarkets.ae/trade-of-the-day-usd-idx/): Facts: Recommendation: Short position at market price Opinion: The USDIDX index is currently in a consolidation phase below the lower boundary of the broad sideways trend it has followed for the past three years, suggesting potential for further dollar depreciation. The surge of euphoria in equity markets, driven by hopes of swift trade deals between … - [Stock of The Month: Repsol](https://todaymarkets.ae/stock-of-the-month-repsol/): Repsol shares have fallen by almost 30% in the last year, primarily due to sharp declines in crude oil prices. But beware, because several trends could boost oil prices again in the medium term. However, Repsol’s strategy is not convincing to some parts of the market. What can we expect from Repsol? Oil remains the king … - [GBP trades mixed amid holiday in UK markets, Fed-BoE policy in focus](https://todaymarkets.ae/gbp-trades-mixed-amid-holiday-in-uk-markets-fed-boe-policy-in-focus/): The Pound Sterling (GBP) exhibits a mixed performance in a holiday-thinned trade as the United Kingdom (UK) markets are closed at the start of the week on account of Early May. Investors brace for significant volatility in the British currency this week as the Bank of England (BoE) is scheduled to announce the interest rate … - [EUR/USD advances as US Dollar slumps, Fed policy hogs limelight](https://todaymarkets.ae/eur-usd-advances-as-us-dollar-slumps-fed-policy-hogs-limelight/): EUR/USD trades slightly higher to near 1.1350 during the European trading hours on Monday, further gaining ground after touching a three-week low of 1.1265 late last week. The major currency pair gains at the expense of the US Dollar (USD). The Euro (EUR) trades broadly flat while traders are increasingly confident that the European Central Bank (ECB) … - [WTI recovers early losses, acceleration in Oil output is still a concern](https://todaymarkets.ae/wti-recovers-early-losses-acceleration-in-oil-output-is-still-a-concern/): West Texas Intermediate (WTI), futures on NYMEX, recoups a substantial share of initial losses and rebounds from the intraday low of $55.14 to near $57.30 during European trading hours on Monday. The Oil price is still down almost 1.5% from Friday’s closing price and is expected to remain on the backfoot as the OPEC+ has … - [Gold rallies 2% at start of week with renewed geopolitical tensions](https://todaymarkets.ae/gold-rallies-2-at-start-of-week-with-renewed-geopolitical-tensions/): Gold (XAU/USD) rises by more than 2% on Monday to $3,317 at the time of writing, as geopolitical risk surges. The Houthi attack that hit Ben Gurion airport this weekend and Israel’s promise to retaliate while preparing for a broad ground offensive in Gaza are elevating risks again in the region. Meanwhile, US President Donald … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-2/): The Australian dollar extends its gains from the end of last week by 0.5%, remaining the strongest among G10 currencies, despite the recent stabilization of the U.S. dollar. In addition to the overall decline in confidence toward the USD, the AUD/USD exchange rate was further supported by the historic victory of the Australian Labor Party … - [EUR/GBP appreciates to near 0.8550 due to strong Eurozone inflation, weak Pound outlook](https://todaymarkets.ae/eur-gbp-appreciates-to-near-0-8550-due-to-strong-eurozone-inflation-weak-pound-outlook/): EUR/GBP continues to climb for the fourth consecutive session, trading around 0.8530 during early European hours on Monday. The currency cross is gaining as the Euro (EUR) strengthens on the back of robust Eurozone inflation data, released on Friday. According to Eurostat, the core Harmonised Index of Consumer Prices (HICP)—which excludes volatile components like food, energy, alcohol, and … - [EUR/JPY attracts some sellers to near 163.50 as safe-haven demand grows](https://todaymarkets.ae/eur-jpy-attracts-some-sellers-to-near-163-50-as-safe-haven-demand-grows/): The EUR/JPY cross extends the decline to around 163.50 during the early European session on Monday. The Japanese Yen (JPY) edges higher against the Euro (EUR) on the rising safe-haven demand amid the economic uncertainty. The Eurozone Sentix Investor Confidence is due later on Monday. Trading activity is expected to remain subdued on Monday due to a public … - [Economic Calendar - Services ISM in Focus](https://todaymarkets.ae/economic-calendar-services-ism-in-focus/): Due to a public holiday across most Asian markets and in the United Kingdom, today’s trading session is expected to be marked by low volatility. Trade negotiations and potential deals expected later this week will remain the central focus until the central bank season begins on Wednesday. On the other hand, talks surrounding the most … - [Market Update: Brent and WTI crude oil prices are falling by about 3% after OPEC+ announcement](https://todaymarkets.ae/market-update-brent-and-wti-crude-oil-prices-are-falling-by-about-3-after-opec-announcement/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [USD/CHF remains depressed amid broadly weaker](https://todaymarkets.ae/usd-chf-remains-depressed-amid-broadly-weaker/): The USD/CHF pair struggles to capitalize on Friday’s upbeat US jobs data-inspired bounce from the 0.8200 neighborhood and attracts fresh sellers at the start of a new week. Spot prices, however, remain confined in a familiar range held over the past two weeks or so and currently trade around the 0.8235-0.8230 region, down nearly 0.50% for … - [GBP/USD The bullish tone remains in play near 1.3300](https://todaymarkets.ae/gbp-usd-the-bullish-tone-remains-in-play-near-1-3300/): The GBP/USD pair gains traction to around 1.3290 during the early European session on Monday. The US Dollar (USD) softens against the Pound Sterling (GBP) amid heightened economic uncertainty in the wake of US President Donald Trump’s erratic trade policies.  According to the daily chart, the bullish outlook of GBP/USD remains intact, characterized by the price holding above … - [EUR/USD Moves back above mid-1.1300s, 200-period SMA on H4 holds the key](https://todaymarkets.ae/eur-usd-moves-back-above-mid-1-1300s-200-period-sma-on-h4-holds-the-key/): The EUR/USD pair attracts some dip-buyers at the start of a new week and climbs back closer to mid-1.1300s during the Asian session amid a broadly weaker US Dollar (USD). The mixed technical setup, however, warrants some caution before positioning for any meaningful recovery from a three-week low, around the 1.1265 region touched last Thursday. Last week’s … - [NZD/USD rises above 0.5950 due to softer US Dollar, US-China trade talks in focus](https://todaymarkets.ae/nzd-usd-rises-above-0-5950-due-to-softer-us-dollar-us-china-trade-talks-in-focus/): The NZD/USD pair continues to climb for the second straight session, trading near 0.5970 during Monday’s Asian hours. The Kiwi pair gains momentum as the US Dollar (USD) weakens, with traders closely monitoring developments in US-China trade relations. Over the weekend, US President Donald Trump confirmed that trade negotiations were ongoing, although he clarified that no direct … - [NatGas Edges Higher as Fundamentals Counter Seasonal Headwinds](https://todaymarkets.ae/natgas-edges-higher-as-fundamentals-counter-seasonal-headwinds/): Last week, Natural Gas Futures are trading $3.027, up $0.110 or +3.77%. Weekly Natural Gas Natural gas futures closed on the strong side of a pivot at $3.538, giving it some upside strength into Monday’s opening. If the momentum continues to increase then prices can continue to climb into the minor pivot at $4.062. If $3.538 fails … - [XAG/USD steadies near $32.00 as safe-haven demand increases](https://todaymarkets.ae/xag-usd-steadies-near-32-00-as-safe-haven-demand-increases/): Silver price (XAG/USD) is pausing its four-day decline, trading near $32.10 during the Asian session on Monday. The precious metal is regaining ground as ongoing uncertainty around US-China trade talks fuels safe-haven demand. On Friday, China’s Commerce Ministry said it is considering a proposal from the United States (US) to resume trade discussions. This comes … - [Bitcoin, Ethereum, Ripple: BTC, ETH and XRP bulls turn cautious after rejection at key resistances ](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-bulls-turn-cautious-after-rejection-at-key-resistances/): Bitcoin (BTC) price hovers around $94,000 on Monday after Friday’s rejection at resistance. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and faced rejection from their key resistance levels last week, with the correction threatening to extend into a broader bearish trend. Bitcoin declines as it faces rejection from its daily level at $97,700 Bitcoin price … - [Ethereum dumped hard in Q1 2025, underperforms Bitcoin and Solana: Here's why](https://todaymarkets.ae/ethereum-dumped-hard-in-q1-2025-underperforms-bitcoin-and-solana-heres-why/): Ethereum’s (ETH) price growth has slowed over the past year, recording gains of 47% in 2024, far less than the 400% seen in the 2021 bull cycle. While Bitcoin and Solana raged to new highs, the top altcoin’s momentum weakened, dropping its dominance to 7% from 19% in 2024. The underperformance accelerated in 2025 following … - [Bitcoin rallies above $97K following a surge in stablecoin inflows](https://todaymarkets.ae/bitcoin-rallies-above-97k-following-a-surge-in-stablecoin-inflows/): Bitcoin (BTC) rose above $97,000 on Friday as the top cryptocurrency looked set to recover the $100,000 level heading into the weekend. The rise was fueled by increased inflows into the stablecoin market last week, particularly from USDT and USDC, which added $2.5 billion and $1.2 billion to their market caps, respectively. Bitcoin rallies as stablecoin market sees … - [GBP/USD consolidates above mid-1.3200s as traders move to the sidelines ahead of BoE this week](https://todaymarkets.ae/gbp-usd-consolidates-above-mid-1-3200s-as-traders-move-to-the-sidelines-ahead-of-boe-this-week/): The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band around the 1.3260-1.3265 area, near a one-week low touched during the Asian session. The US Dollar (USD) remains on the defensive below a multi-week top amid heightened economic uncertainty on the back of US President Donald … - [AUD gains ground as Services PMI marks fifteen consecutive months of growth](https://todaymarkets.ae/aud-gains-ground-as-services-pmi-marks-fifteen-consecutive-months-of-growth/): The Australian Dollar (AUD) is extending its gains against the US Dollar (USD) for a second consecutive session on Monday. The AUD/USD pair is rising after Australian Prime Minister Anthony Albanese secured a second three-year term in the 2025 Federal Election, achieving significant gains in Saturday’s results. Labor Party leader Albanese has claimed a majority … - [XAU/USD edges higher to near $3,250 as trade questions linger](https://todaymarkets.ae/xau-usd-edges-higher-to-near-3250-as-trade-questions-linger/): The Gold price (XAU/USD) trades in positive territory near $3,245 during the early Asian session on Monday. The renewed concerns over the US recession and US-China trade relations provide some support to safe-haven assets like Gold. The US ISM Services Purchasing Managers Index (PMI) for April will be in the spotlight later on Monday.  While … - [WTI tumbles below $56.00 as OPEC+ accelerates output hikes](https://todaymarkets.ae/wti-tumbles-below-56-00-as-opec-accelerates-output-hikes/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $55.75 during the Asian trading hours on Monday. The WTI price falls after the Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed to surge production by 411,000 barrels per day in June. OPEC+ agreed on Saturday to increase output by another 411,000 barrels … - [EUR/USD edges lower to near 1.1300, traders await US ISM Services PMI](https://todaymarkets.ae/eur-usd-edges-lower-to-near-1-1300-traders-await-us-ism-services-pmi/): EUR/USD is kicking off the week on a weaker note, trading near 1.1320 during the Asian session on Monday. US President Donald Trump confirmed he would not seek to remove Federal Reserve (Fed) Chair Jerome Powell before his term ends in May 2026. While Trump criticized Powell, calling him “a total stiff,” he reiterated that interest rates … - [JPY remains on the front foot as geopolitical risks boost safe-haven assets](https://todaymarkets.ae/jpy-remains-on-the-front-foot-as-geopolitical-risks-boost-safe-haven-assets/): The Japanese Yen (JPY) trades with a mild positive bias against its American counterpart for the second straight day on Monday amid reviving safe-haven demand, though the uptick lacks bullish conviction. Despite signs of easing US-China trade tensions, US President Donald Trump’s rapidly shifting stance on trade policies keeps investors on the edge. Furthermore, geopolitical … - [USD/CAD steadies near 1.3800, downside appears due to a weaker US Dollar](https://todaymarkets.ae/usd-cad-steadies-near-1-3800-downside-appears-due-to-a-weaker-us-dollar/): USD/CAD is holding steady around the 1.3800 level during Monday’s Asian session, following a decline in the previous trading day. Upside momentum for the pair may be capped as the US Dollar (USD) faces pressure, potentially due to renewed trade tensions. President Donald Trump announced plans to instruct the US Trade Representative and Commerce Department … - [USD/INR weakens on potential US-India trade talks](https://todaymarkets.ae/usd-inr-weakens-on-potential-us-india-trade-talks/): The Indian Rupee (INR) gains ground on Monday. The positive developments surrounding the US-India trade deal boost sentiment, supporting the Indian currency. Additionally, the fall in crude oil prices lifts the INR as India is the world’s third-largest oil consumer.  Nonetheless, the rising tensions between India and Pakistan could drag the local currency lower. Pakistan’s military said … - [Gold, XAU/USD: Commodity Investors: Watch Out for Those Reversals!](https://todaymarkets.ae/gold-xau-usd-commodity-investors-watch-out-for-those-reversals/): The U.S. nonfarm payroll statistics were just released. They were better than expected, but overall well within the previous range of values – nothing to write home about. Markets’ reaction was relatively small and in perfect tune with the technical patterns that I had already described previously. Gold price corrected a bit after breaking below the … - [Cotton Rallies into the Weekend](https://todaymarkets.ae/cotton-rallies-into-the-weekend/): Cotton futures were in rally mode on Friday, with contracts up 228 to 275 points and nearing the 3 cent limit. In delivery May (where no limits apply), was up 457 points on the session. The rally back on Friday limited to the weekly losses for July to just 39 points. Crude oil prices were … - [Sugar Prices Weighed Down by an Improving Supply Outlook](https://todaymarkets.ae/sugar-prices-weighed-down-by-an-improving-supply-outlook/): July NY world sugar #11 (SBN25) Friday closed up +0.04 (+0.23%), and August London ICE white sugar #5 (SWQ25) closed down -4.10 (-0.83%). Sugar prices on Friday extended their month-long selloff, with July NY sugar posting a 3-3/4 year nearest-futures low and London sugar posting a 2-week low.  However, sugar prices recovered from their worst … - [Cocoa Prices Supported by Ivory Coast Mid-Crop Quality Issues](https://todaymarkets.ae/cocoa-prices-supported-by-ivory-coast-mid-crop-quality-issues/): July ICE NY cocoa (CCN25) Friday closed up +134 (+1.53%), and July ICE London cocoa #7 (CAN25) closed down -43 (-0.67%). Cocoa prices on Friday settled mixed.  Cocoa prices are supported by quality concerns over the Ivory Coast mid-crop, which is currently being harvested.  Cocoa processors are complaining about the crop’s quality and have rejected … - [Coffee Prices Consolidated This Week's Gains](https://todaymarkets.ae/coffee-prices-consolidated-this-weeks-gains/): July arabica coffee (KCN25) Friday closed up +0.75 (+0.19%), and July ICE robusta coffee (RMN25) closed up +165 (+3.22%). Coffee prices on Friday settled higher but remained below Tuesday’s highs.  On Tuesday, arabica coffee rose to a  2-1/2 month high, and robusta posted a 5-week high on concern about a smaller Brazilian coffee crop.  Last … - [Wheat Rallies Double Digits on Friday](https://todaymarkets.ae/wheat-rallies-double-digits-on-friday/): Wheat bulls were trying their best to put in some sort of bottom, as futures rallied across the three exchanges on Friday.  Chicago SRW futures were up 11 to 12 cents at the close on Friday, with weekly move of 2 cents lower for July. Kansas City HRW futures were 12 to 14 cents in … - [Soybeans Post Gains to Head into the Weekend](https://todaymarkets.ae/soybeans-post-gains-to-head-into-the-weekend/): Soybeans posted 6 to 9 cents gains across most nearby contracts on Friday, with July closing out the week with a 1 ¼ cent loss. CmdtyView’s national front month Cash Bean price was up 9 cents at $10.06 3/4. Soymeal futures posted a $2.50 to $3.70 on Friday, as July slipped $1.60 this week.. Soy Oil futures faded lower into the … - [Corn Closes Mixed on Friday](https://todaymarkets.ae/corn-closes-mixed-on-friday/): The corn market settled the Friday session with some bear spreading going on, as nearby contracts were down 3 to 4 cents and new crop December was up 3 cents. July was down 16 ½ cents this week. The nearby CmdtyView national average Cash Corn price was down 3 at $4.39 3/4. Commitment of Traders data from … - [OPEC+ Mulls Accelerated Output Hike in June, Eyes Increase of Up to 400,000 Bpd](https://todaymarkets.ae/opec-mulls-accelerated-output-hike-in-june-eyes-increase-of-up-to-400000-bpd/): The June WTI (CLM25) contract settled at 58.29 (-0.95) [-1.60%], high of 59.87, low of 57.74. Cash price is 59.24 (+1.04). Open interest for CLM25 is 297,188. CLM25 settled below its 5 day (59.69), below its 20 day (61.19), below its 50 day (65.22), below its 100 day (68.04), below its 200 day (68.65) and below its year-to … - [Hopes of US-China Trade Talks Spurs Risk-On Sentiment and Boosts Nat-Gas Prices](https://todaymarkets.ae/hopes-of-us-china-trade-talks-spurs-risk-on-sentiment-and-boosts-nat-gas-prices/): June Nymex natural gas (NGM25) on Friday closed up sharply by +0.151 (+4.34%). June nat-gas prices on Friday rallied sharply for a second session and posted a 2-1/2 week high.  Nat-gas prices found support Friday on news that China is evaluating possible trade talks with the US, which sparked risk-on sentiment in asset markets.   … - [EUR/USD - Euro climbs toward 1.1400 but faces mixed momentum signals](https://todaymarkets.ae/eur-usd-euro-climbs-toward-1-1400-but-faces-mixed-momentum-signals/): The EUR/USD pair extended higher on Friday, pushing into the 1.1400 zone after the European session, as buyers retained control in the broader trend. Despite the advance, underlying momentum remains uncertain, with mixed signals from short-term indicators. The broader technical structure, however, remains constructive, supported by firm positioning of major moving averages that continue to trend upward. From … - [EUR/CAD Euro steadies near 1.5600 as bulls hold longer-term edge](https://todaymarkets.ae/eur-cad-euro-steadies-near-1-5600-as-bulls-hold-longer-term-edge/): The EUR/CAD pair hovered near the 1.5600 zone on Friday after the European session, showing little change on the day but maintaining a steady bullish bias overall. Price action remains confined to the middle of the daily range, reflecting ongoing consolidation. While short-term signals show hesitation, the broader outlook is supported by strong trend-based indicators positioned below … - [Dow Jones soars 600 points as NFP data calms recession fears, weekly gains top 3%](https://todaymarkets.ae/dow-jones-soars-600-points-as-nfp-data-calms-recession-fears-weekly-gains-top-3/): The Dow Jones Industrial Average (DJIA) rallied over 600 points, or over 1.65%, on Friday following a solid US jobs report that brushed aside fears that the largest economy in the world is tied into a recession. The Dow is set to end the week with gains of over 3% and, at the time of … - [AUD/USD strengthens amid mixed US data and trade optimism](https://todaymarkets.ae/aud-usd-strengthens-amid-mixed-us-data-and-trade-optimism/): The AUD/USD pair sees gains on Friday, strengthening to near 0.6430 as the US Dollar softens. After a disappointing false break of the 100.00 level for the US Dollar Index (DXY), the Aussie benefits from improved sentiment surrounding US-China trade negotiations and a solid, yet slowing, jobs report in the US. While the market remains cautious, hopes … - [XAU/USD slips after robust US jobs data, trade optimism](https://todaymarkets.ae/xau-usd-slips-after-robust-us-jobs-data-trade-optimism/): Gold (XAU/USD) price edged down over 0.35% on Friday, poised to end the week with losses of over 2.50%. An improvement in risk appetite due to easing trade tensions alongside a strong labor market report in the United States (US) prompted investors to book profits ahead of the weekend. At the time of writing, XAU/USD trades at $3,226 after … - [EUR/JPY Euro consolidates near 164.00 as trend remains upward](https://todaymarkets.ae/eur-jpy-euro-consolidates-near-164-00-as-trend-remains-upward/): The EUR/JPY pair edged slightly lower on Friday but continues to trade near the 164.00 zone as the market transitions into the Asian session. While price action eased from recent highs, the pair remains comfortably within the mid-range of the day’s movement. The pullback hasn’t altered the broader bullish outlook, which is supported by rising … - [Mexican Peso holds steady, poised for weekly losses](https://todaymarkets.ae/mexican-peso-holds-steady-poised-for-weekly-losses/): The Mexican Peso (MXN) remained firm against the US Dollar (USD), though it is poised to finish the week with losses of over 0.40% after economic data revealed in Mexico painted a gloomy economic outlook, despite the fact that the economy surprisingly grew in the first quarter of 2025. Also, solid US jobs data tempering … - [USD/JPY retreats from highs as Dollar weakens and Japan signals tariff push back](https://todaymarkets.ae/usd-jpy-retreats-from-highs-as-dollar-weakens-and-japan-signals-tariff-push-back/): USD/JPY pulls back toward the 145.00 area on Friday after extending gains earlier in the week. The pair loses momentum in tandem with the US Dollar, which fell below 99.50 following a firm rejection at the 100.00 level. This decline comes as markets digest mixed macro data and renewed trade headlines, including China’s signal to open … - [AUD/NZD Bullish momentum, buyers don't give up](https://todaymarkets.ae/aud-nzd-bullish-momentum-buyers-dont-give-up/): AUD/NZD is displaying upward momentum ahead on Friday’s session, trading near the top of its daily range and not far from the 1.0800 zone. The pair has gained on the day, extending its bullish push while short-term indicators strengthen this outlook. A buy signal from the MACD and support from short-term moving averages help confirm the bias, … - [EUR/USD Dips After a Stronger Than Expected NFP](https://todaymarkets.ae/7764-2/): 01:30 PM BST, United States – Employment Data for April: In April, U.S. nonfarm payroll employment rose by 177,000 while the unemployment rate held steady at 4.2%. Job growth was led by health care, transportation and warehousing, financial activities, and social assistance, though federal government employment declined. The labor force participation rate and employment-population ratio remained largely unchanged, and … - [Breaking: US Nonfarm Payrolls increase by 177,000 in April vs. 130,000 forecast](https://todaymarkets.ae/breaking-us-nonfarm-payrolls-increase-by-177000-in-april-vs-130000-forecast/): Nonfarm Payrolls (NFP) in the US rose by 177,000 in April, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 185,000 increase (revised from 228,000) reported in March and came in better than analysts’ estimate of 130,000. Other details of the employment report showed that the Unemployment Rate remained unchanged at … - [Nasdaq in Positive Territory Ahead of NFP Data](https://todaymarkets.ae/nasdaq-in-positive-territory-ahead-of-nfp-data/): Index at 200-day EMA Before Critical US Labor Market Data The final trading session of each month’s first week brings the publication of crucial US labor market data. Today’s NFP (Non-Farm Payrolls) report could determine whether “risk assets” will close the weekly trading in positive territory and whether this momentum can extend into next week. … - [Gold price sits near daily high on weaker USD; focus remains glued to US NFP report](https://todaymarkets.ae/gold-price-sits-near-daily-high-on-weaker-usd-focus-remains-glued-to-us-nfp-report/): Gold price (XAU/USD) touches a fresh daily high during the early part of the European session on Friday, though the intraday move-up lacks bullish conviction and remains below the $3,260-3,265 support breakpoint. The US Dollar (USD) struggles to capitalize on a three-day-old uptrend to a multi-week high and drifts lower amid prospects for more aggressive … - [USD/CAD Tests 1.3800 support after pulling back from nine-day EMA](https://todaymarkets.ae/usd-cad-tests-1-3800-support-after-pulling-back-from-nine-day-ema/): The USD/CAD pair retraces its gains registered in the previous session, trading around 1.3810 during the early European hours on Friday. However, technical analysis on the daily chart suggests a potential bullish shift in market sentiment, as the pair attempts to break above the descending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) remains above the 30 mark, indicating … - [Non-Farm Payrolls - Preview](https://todaymarkets.ae/non-farm-payrolls-preview/): NFP preview: April jobs number may mask the economic chaos The market is expecting a solid jobs report for April. US non-farm payrolls are expected to expand by 138k, and the unemployment rate is expected to remain steady at 4.2%. Average hourly earnings are expected to nudge higher to 3.9% YoY, from 3.8%. This report … - [GBP/JPY Strengthens above 193.00, overbought RSI warrants caution for bulls](https://todaymarkets.ae/gbp-jpy-strengthens-above-193-00-overbought-rsi-warrants-caution-for-bulls/): The GBP/JPY cross drifts higher to near 193.25 during the early European session on Friday. The Japanese Yen (JPY) weakens against the Pound Sterling (GBP) as traders scale back their bets on further interest-rate hikes by the Bank of Japan (BoJ).  On Thursday, the BoJ kept short-term interest rates steady at 0.5% and slashed its forecasts for economic … - [Chart of The Day - NASDAQ100](https://todaymarkets.ae/chart-of-the-day-nasdaq100/): The tech-heavy Nasdaq 100 index, represented by US100, exhibited mild gains on Friday following Thursday’s mixed earnings results from tech giants, with futures climbing 0.5% overnight. Market sentiment improved significantly as news broke that China and the United States are opening the door towards tariff negotiations, potentially easing the escalating trade tensions between the world’s … - [Economic Calendar - Euro-Zone CPI And U.S. Non-Farm Payrolls in Focus](https://todaymarkets.ae/economic-calendar-euro-zone-cpi-and-u-s-non-farm-payrolls-in-focus/): Today’s economic calendar features key Eurozone inflation data and the critical US nonfarm payrolls report. Markets will be monitoring these indicators closely for signs of economic health and potential monetary policy implications amid ongoing trade tensions. The week has already seen significant developments with China signaling its openness to potential trade talks with the U.S., … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-10/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAU/USD struggles to capitalize on intraday uptick amid positive risk tone, ahead of US NFP report](https://todaymarkets.ae/xau-usd-struggles-to-capitalize-on-intraday-uptick-amid-positive-risk-tone-ahead-of-us-nfp-report/): Gold price (XAU/USD) struggles to capitalize on modest intraday gains on Friday and remains below the $3,260-3,265 support breakpoint, now turned resistance, through the Asian session. The optimism over a possible US-China trade deal remains supportive of the upbeat market mood and acts as a headwind for the safe-haven precious metal. However, bets for more … - [EUR/USD moves away from multi-week low, retakes 1.1300 ahead of Euro-zone CPI/US NFP](https://todaymarkets.ae/eur-usd-moves-away-from-multi-week-low-retakes-1-1300-ahead-of-euro-zone-cpi-us-nfp/): The EUR/USD pair attracts some buyers during the Asian session on Friday and looks to build on the intraday move up beyond the 1.1300 round-figure mark. Spot prices, for now, seem to have snapped a three-day losing streak to over a two-week low, around the 1.1265 zone touched on Thursday, amid some repositioning trade ahead … - [Bitcoin, Ethereum, Ripple: BTC hits $97,000, ETH tests resistance, and XRP holds support](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-hits-97000-eth-tests-resistance-and-xrp-holds-support/): Bitcoin (BTC) price is extending its gains, trading above $97,000 at the time of writing on Friday after breaking above the key resistance level of $95,000 the previous day. Ethereum (ETH) approaches a key level of resistance, while Ripple (XRP) finds support around a significant level; a decisive close above these levels could pave the way … - [Nonfarm Payrolls Preview - Growth set to slow in April as traders gauge tariffs’ impact on hiring](https://todaymarkets.ae/nonfarm-payrolls-preview-growth-set-to-slow-in-april-as-traders-gauge-tariffs-impact-on-hiring/): The United States (US) Bureau of Labor Statistics (BLS) is due to publish the high-impact Nonfarm Payrolls (NFP) data for April on Friday at 12:30 GMT. The April employment report will be critical to affirm a Federal Reserve (Fed) interest rate cut in June amid prospects of US trade deals with its major Asian trading partners and … - [USD/CHF flat lines near 0.8300 ahead of US NFP release](https://todaymarkets.ae/usd-chf-flat-lines-near-0-8300-ahead-of-us-nfp-release/): The USD/CHF pair trades on a flat note around 0.8290 during the Asian trading hours on Friday. Traders prefer to wait on the sidelines ahead of the release of the highly anticipated US Nonfarm Payrolls (NFP) report, which is due later on Friday.  US President Donald Trump announced potential trade deals with India, South Korea, and Japan, seeking … - [USD/INR falls amid possible equity inflows, US Dollar sales](https://todaymarkets.ae/usd-inr-falls-amid-possible-equity-inflows-us-dollar-sales/): The Indian Rupee (INR) extends the rally on Friday. Foreign portfolio inflows into Indian equities and increased hedging-related US Dollar (USD) sales from local exporters boost the Indian currency. Additionally, optimism surrounding a potential trade agreement between the US and India contributes to the INR’s upside.  However, the surge in tensions between India and Pakistan … - [Chart of the Day - July Soybean Oil](https://todaymarkets.ae/chart-of-the-day-july-soybean-oil/): The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, May 1, 2025 July Soybean Oil (Daily) Today, July Soybean Oil closed at 49.70, up 0.73 on the day.  Since then, Bean Oil has rallied to hit a high of 51.13 last Friday, testing the blue overhead … - [XAU/USD edges higher as bears turn cautious ahead of the key US jobs data](https://todaymarkets.ae/xau-usd-edges-higher-as-bears-turn-cautious-ahead-of-the-key-us-jobs-data/): Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Friday and looks to build on the overnight bounce from the $3,200 neighborhood, or over a two-week low. The uptick could be attributed to some repositioning trade ahead of the release of the closely-watched US Nonfarm Payrolls (NFP) report later today. The crucial jobs data could … - [WTI rises to near $59.50 due to potential easing of U.S.-China tensions](https://todaymarkets.ae/wti-rises-to-near-59-50-due-to-potential-easing-of-u-s-china-tensions/): West Texas Intermediate (WTI) crude Oil price extended gains for a second consecutive session, trading near $59.40 per barrel during Asian trading hours on Friday. The rise in Oil prices was supported by growing optimism over a potential easing of tensions between the US and China, the world’s two largest Oil consumers. Market sentiment improved after US President … - [Crude Prices Climb as a Stock Rally Boosts Market Sentiment](https://todaymarkets.ae/crude-prices-climb-as-a-stock-rally-boosts-market-sentiment/): June WTI crude oil (CLM25) Thursday closed up +1.03 (+1.77%), and June RBOB gasoline (RBM25) closed up +0.0315 (+1.56%). Crude oil and gasoline prices recovered from early losses on Thursday and posted moderate gains.  Short covering emerged in crude oil Thursday after US stocks rallied sharply, which boosted risk-on sentiment in the asset markets.   … - [Nat-Gas Prices Jump on a Smaller-Than-Expected Build in EIA Inventories](https://todaymarkets.ae/nat-gas-prices-jump-on-a-smaller-than-expected-build-in-eia-inventories/): June Nymex natural gas (NGM25) on Thursday closed up sharply by +0.153 (+4.60%). June nat-gas prices rallied to a 2-1/2 week high Thursday and settled sharply higher on a smaller-than-expected build in weekly supplies.  The EIA reported Thursday that nat-gas inventories rose +107 bcf in the week ended April 25, below expectations of +109 bcf. … - [XAG/USD recovers further from multi-week low, climbs above mid-$32.00s](https://todaymarkets.ae/xag-usd-recovers-further-from-multi-week-low-climbs-above-mid-32-00s/): Silver (XAG/USD) builds on the previous day’s goodish bounce from the $31.65 area, or a nearly three-week low, and gains some follow-through traction during the Asian session on Friday. The white metal climbs back above mid-$32.00s in the last hour and for now, seems to have snapped a three-day losing streak, though the technical setup … - [JPY bounces off multi-week low against USD; lacks bullish conviction amid dovish BoJ](https://todaymarkets.ae/jpy-bounces-off-multi-week-low-against-usd-lacks-bullish-conviction-amid-dovish-boj/): The Japanese Yen (JPY) recovers slightly from a three-week low touched against its American counterpart during the Asian session on Friday. Some repositioning trade ahead of the US Nonfarm Payrolls (NFP) report holds back the JPY bears from placing fresh bets. This, along with subdued US Dollar (USD) price action, contributes to capping the USD/JPY pair’s intraday move up … - [GBP/USD posts modest losses below 1.3300 ahead of US NFP release](https://todaymarkets.ae/gbp-usd-posts-modest-losses-below-1-3300-ahead-of-us-nfp-release/): The GBP/USD pair drifts lower to near 1.3275 during the Asian trading hours on Friday. The positive developments surrounding US-China trade talks provide some support to the US Dollar (USD). Investors will closely monitor the US April employment report later on Friday, including the Nonfarm Payrolls (NFP), the Unemployment Rate and Average Hourly Earnings.  Early Friday, China said it … - [USD/CAD moves below 1.3850 as US Dollar retreats ahead of NFP report](https://todaymarkets.ae/usd-cad-moves-below-1-3850-as-us-dollar-retreats-ahead-of-nfp-report/): USD/CAD is slipping during Friday’s Asian session, trading near 1.3830, after posting gains in the prior session. The pair is under pressure as the US Dollar (USD) stalls following a three-day rally, with investors eyeing the upcoming Nonfarm Payrolls (NFP) report for clues on how tariffs may be influencing employment trends. However, the USD found some support … - [AUD remains stronger as US Dollar struggles ahead of Nonfarm Payrolls](https://todaymarkets.ae/aud-remains-stronger-as-us-dollar-struggles-ahead-of-nonfarm-payrolls/): The Australian Dollar (AUD) is rebounding modestly against the US Dollar (USD) on Friday, retracing some of the previous session’s losses. Australia’s Retail Sales—a key indicator of consumer spending—increased by 0.3% month-over-month in March, up from a 0.8% rise in February (revised from 0.2%), according to data released Friday by the Australian Bureau of Statistics … - [NZD/USD rises above 0.5900 as NZD advances due to improving sentiment](https://todaymarkets.ae/nzd-usd-rises-above-0-5900-as-nzd-advances-due-to-improving-sentiment/): NZD/USD is recovering its losses from the previous session, trading around 0.5930 during the Asian hours on Friday. The pair strengthens as the New Zealand Dollar (NZD) gains traction amid improving sentiment and signs of easing US-China trade tensions, given New Zealand’s close trading relations with China. Bloomberg reports that China is considering renewed trade negotiations, … - [USD/INR slumps on inflows and US Dollar sales](https://todaymarkets.ae/usd-inr-slumps-on-inflows-and-us-dollar-sales/): The Indian Rupee (INR) extends the rally on Friday. Foreign portfolio inflows into Indian equities and increased hedging-related US Dollar (USD) sales from local exporters boost the Indian currency. Additionally, optimism surrounding a potential trade agreement between the US and India contributes to the INR’s upside.  However, the surge in tensions between India and Pakistan … - [Amazon Down 4% in After Hours Despite Beating Estimates in Q1 Earnings](https://todaymarkets.ae/amazon-down-4-in-after-hours-despite-beating-estimates-in-q1-earnings/): Amazon (AMZN.US) is down 4% in after-hours trading despite beating estimates for Q1 2025 earnings. Investors are mostly concerned by the downbeat guidance for the second quarter, underlined by the “inherent unpredictability” and risks coming from tariffs, foreign exchange rate fluctuations and global consumer sentiment. “We’re pleased with the start to 2025, especially our pace … - [EUR/GBP Price Analysis: Euro holds bullish tone while drifting near 0.8500](https://todaymarkets.ae/eur-gbp-price-analysis-euro-holds-bullish-tone-while-drifting-near-0-8500/): The EUR/GBP pair saw slight weakness on Thursday, trading near the 0.8500 zone after the European session. Despite today’s marginal drop, the overall structure remains supportive of a bullish bias, backed by a firm base of longer-term moving averages. Short-term indicators, however, show conflicting signals, with momentum fading even as the broader trend holds steady. From a technical … - [U.S. Markets Declined Amid Macro Data And Tariff Concerns](https://todaymarkets.ae/u-s-markets-declined-amid-macro-data-and-tariff-concerns/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week/): The upcoming week has been long awaited by investors. The volatility related to capital repositioning between quarters will coincide with the announcement of new tariffs on most of the USA’s trading partners and the implementation of car tariffs announced this week. Additionally, we will also learn labor market data from the US — NFP and … - [Cotton Slip Lower into the Weekend](https://todaymarkets.ae/cotton-slip-lower-into-the-weekend/): Cotton futures closed with Friday losses of 18 to 24 points, as nearby May was up 163 points on the week. Crude oil futures were down 88 cents/barrel, as the US dollar index $0.292 lower on the day.  Friday’s CFTC Commitment of Traders report showed managed money adding back 4,193 contracts to their net short in … - [Sugar Prices Pressured by Beneficial Brazil Rain Forecasts](https://todaymarkets.ae/sugar-prices-pressured-by-beneficial-brazil-rain-forecasts/): May NY world sugar #11 (SBK25) Friday closed down -0.13 (-0.68%), and May London ICE white sugar #5 (SWK25) closed down -2.10 (-0.39%). Sugar prices Friday extended this week’s decline to 2-week lows.  Forecasts for rain in Brazil eased dryness concerns and weighed on sugar prices.  Meteorologist Climatempo forecasted widespread showers for Brazil’s sugar-growing regions … - [Cocoa Prices Close Higher on Support from Dollar Weakness](https://todaymarkets.ae/cocoa-prices-close-higher-on-support-from-dollar-weakness/): May ICE NY cocoa (CCK25) Friday closed up +63 (+0.79%), and May ICE London cocoa #7 (CAK25) closed up +94 (+1.52%). Cocoa prices recovered from early losses on Friday and settled moderately higher on a decline in the dollar (DXY00).  Since posting 4-1/2 month lows last Friday, cocoa prices have traded sideways and consolidated their … - [Canadian Dollar roils as Trump reiterates tariff threats](https://todaymarkets.ae/canadian-dollar-roils-as-trump-reiterates-tariff-threats/): The Canadian Dollar was dragged in both directions on Friday, rising and then falling as market flows clash with fresh threats of tariffs on Canada from US President Donald Trump. Market sentiment is evaporating as the Trump administration barrels toward its self-imposed deadline of April 2 for a wide package of ever-changing tariffs that still … - [NY Coffee Higher on Dollar Weakness](https://todaymarkets.ae/ny-coffee-higher-on-dollar-weakness/): May arabica coffee (KCK25) Friday closed up +1.15 (+0.30%), and May ICE robusta coffee (RMK25) closed down -14 (-0.26%). Coffee prices Friday settled mixed.  Arabica coffee saw support from a weaker dollar.  However, robusta was under pressure from expectations for an increase in global supplies as Marex Solutions projects Vietnam’s 2025/26 robusta production at 28.8 … - [EUR/USD Edges toward 1.0830 as bullish momentum builds post-Europe](https://todaymarkets.ae/eur-usd-edges-toward-1-0830-as-bullish-momentum-builds-post-europe/): EUR/USD extended its upward trajectory on Friday, moving near the 1.0830 region after the European session and toward the upper end of the day’s trading range. The pair has gained traction, reflecting investor appetite for the euro despite mixed short-term signals. Technicals reveal an ongoing bullish backdrop, underpinned by supportive moving averages, though caution remains … - [Mexican Peso dives as Banxico hints at further easing amid tariff woes](https://todaymarkets.ae/mexican-peso-dives-as-banxico-hints-at-further-easing-amid-tariff-woes/): The Mexican Peso (MXN) prolongs its agony in the week, depreciating against the US Dollar (USD) after Banco de Mexico (Banxico) reduced interest rates but also paved the way for additional easing. This, along with an inflation report and trade policies in the United States (US), boosted the Greenback. At the time of writing, USD/MXN … - [XAG/USD pulls back from 5-month peak, bears eye $34](https://todaymarkets.ae/xag-usd-pulls-back-from-5-month-peak-bears-eye-34/): Silver price hits a five-month high but retreats toward the $34 figure late on Friday, as traders brace for the weekend, eyeing a busy economic schedule in the United States (US). At the time of writing, the XAG/USD pair trades at $34.03, down by over 1%. XAG/USD Price Forecast: Technical outlook Silver hit $34.58 earlier, … - [Gold smashes record high as bulls eye $3,100 amid trade war turmoil](https://todaymarkets.ae/gold-smashes-record-high-as-bulls-eye-3100-amid-trade-war-turmoil/): Gold price rallied sharply on Friday, hitting a new record high of $3,086 amid uncertainty over US trade policy, alongside an uptick in the Federal Reserve’s (Fed) preferred inflation gauge. After this, traders seem confident that the Fed will cut rates twice in 2025. The XAU/USD trades at 3079, up 0.79%. The market mood is pessimistic as traders brace … - [AUD/JPY Price Drops toward 94.20 area as bearish pressure mounts](https://todaymarkets.ae/aud-jpy-price-drops-toward-94-20-area-as-bearish-pressure-mounts/): The AUD/JPY pair extended its decline on Friday, hovering near the 94.30 zone after the European session and slipping closer to the lower end of its intraday range. The pair is down notably on the day, reflecting an increase in selling interest. While some momentum indicators remain neutral or even slightly constructive, broader technical signals … - [Crypto Related Stocks Decline as Bitcoin Retreats Amid Tariff Concerns](https://todaymarkets.ae/crypto-related-stocks-decline-as-bitcoin-retreats-amid-tariff-concerns/): Cryptocurrency-exposed stocks are declining as Bitcoin drops 3.5% to $84,163. The broader market is also retreating as investors worry about escalating trade tensions following President Trump’s latest tariff announcements. TeraWulf leads declines (-8.32%), followed by MARA Holdings (-7.25%), while Coinbase is down 3.89% to $191.75 and Strategy falls 5.3% to $307. Market Pressures Mount Bitcoin … - [Nasdaq Tumbles 2%](https://todaymarkets.ae/nasdaq-tumbles-2/): Inflation uncertainty drags down sentiments on Wall Street 📉VIX spikes 6% Futures on CBOE VIX Index (VIX) surges almost 6% today, after US macro readings came in unfavorable for Wall Street. Firstly, Core PCE data came in higher (both MoM and YoY) than expected, with surging so-called Supercore PCE measure. Secondly, University of Michigan report … - [EUR/USD gains ground despite hotter-than-expected US core PCE Inflation](https://todaymarkets.ae/eur-usd-gains-ground-despite-hotter-than-expected-us-core-pce-inflation/): EUR/USD finds cushion near 1.0765 during North American trading hours on Friday after the release of the United States (US) Personal Consumption Expenditures Price Index (PCE) for February. The report showed that the core PCE inflation – which excludes volatile foods and energy prices – rose at a faster pace of 2.8% year-on-year compared to estimates of 2.7% and January’s reading … - [US Dollar flat after US PCE inflation release](https://todaymarkets.ae/us-dollar-flat-after-us-pce-inflation-release/): The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is currently flat near 104.30 at the time of writing on Friday. Traders are not really looking at the Greenback but rather at an exodus from Equities and Cryptocurrencies into the precious metals’ market, where Gold has hit another … - [Market does not expect US import tariffs on crude oil from Canada and Mexico – Commerzbank](https://todaymarkets.ae/market-does-not-expect-us-import-tariffs-on-crude-oil-from-canada-and-mexico-commerzbank/): The postponement of US import tariffs on certain goods from Canada and Mexico granted by US President Trump at the beginning of March will end next Wednesday, Commerzbank’s commodity analyst Carsten Fritsch notes.   The postponement of US import tariffs ends next Wednesday “If there is no further postponement, US refineries will have to pay … - [Gold picks up again and resides near its fresh all-time high](https://todaymarkets.ae/gold-picks-up-again-and-resides-near-its-fresh-all-time-high/): Gold price (XAU/USD) is printing another record performance this Friday, hitting $3,086 as the new all-time high for now and trading around $3,077 at the time of writing. Bullion sees another wave of safe-haven inflow, this time from investors that are exiting Equity and Crypto positions. From here, the next big psychological target and level to … - [Breaking: US Core PCE inflation rises to 2.8% in February vs. 2.7% forecast](https://todaymarkets.ae/breaking-us-core-pce-inflation-rises-to-2-8-in-february-vs-2-7-forecast/): Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, held steady at 2.5% in February, the US Bureau of Economic Analysis reported on Friday. This reading matched the market expectation and January’s reading. The core PCE Price Index, which excludes volatile food and energy … - [Automotive Stocks Under Pressure UbiSoft Shares Gain 8.5%](https://todaymarkets.ae/automotive-stocks-under-pressure-ubisoft-shares-gain-8-5/): General market situation: European stocks are extending their declines, which began after the announcement of tariff changes on car imports to the US. Investors are now anxiously awaiting April 2, which is expected to bring further tariff changes. The German DAX is currently losing 0.58%, while the French CAC40 is down 0.60%. The Polish market … - [Trade of The Day - EUR/JPY](https://todaymarkets.ae/trade-of-the-day-eur-jpy-4/): Facts: Recommendation: Opinion: EUR/JPY is on the verge of a trend reversal after forming a double-top pattern. The MACD is trending lower following a bearish crossover, while the RSI remains in bearish divergence, confirming a lower high. A stop-loss is placed above the previous high to invalidate this thesis, while the take-profit target is set … - [Chart of The Day - US100](https://todaymarkets.ae/chart-of-the-day-us100/): U.S. stock market sentiment has weakened once again, with the Nasdaq on track to close its weakest quarter since 2023. The index has failed to break above its 200-day EMA (red line). US100 Index (Daily Interval) Nasdaq 100 futures have fallen below the 20,000-point level.Data from Deutsche Bank shows that liquidity in U.S. markets has dropped … - [Economic Calendar - U.S. PCE Reading in The Market Spotlight](https://todaymarkets.ae/economic-calendar-u-s-pce-reading-in-the-market-spotlight/): Markets are showing caution today ahead of the U.S. PCE inflation report for February. A higher-than-expected reading could weigh on sentiment, especially after a series of Federal Reserve officials emphasized the importance of upcoming inflation data. If the data surprises to the upside, the market may begin pricing in a longer pause in Fed policy action—particularly … - [German Unemployment Rate Higher Than Expected](https://todaymarkets.ae/german-unemployment-rate-higher-than-expected/): German Unemployment Change: 26k (Forecast 10k, Previous 5k, Revised 9K) Unemploymant rate came in at 6.3% vs 6.2% exp. and 6.2% previously Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information … - [German GFK Sentiments Weaker Than Expected](https://todaymarkets.ae/german-gfk-sentiments-weaker-than-expected/): German GfK Consumer Sentiment: -24.5 (Forecast -22.5, Previous -24.7) German consumers sentiments unexpectedly weakened despite higher market expectations. At the time, the UK macro readings came in much higher than anticipated, with retail sales surging 2.1% YoY vs 0.6% exp. Źródło: xStation5 The material on this page does not constitute financial advice and does not … - [Gold Hits Another Record While The UK Consumer Bounce's Back](https://todaymarkets.ae/gold-hits-another-record-while-the-uk-consumer-bounces-back/): It will be an interesting session for financial markets today. Donald Trump’s reciprocal tariffs are once again dominating markets. Canada and the EU are preparing a raft of retaliatory measures, while the UK hopes not to be the tall poppy and aims to use diplomatic measures to deflect tariff threats. Investors are seeking solace in … - [EUR/GBP extends losses toward 0.8300 following UK GDP, Retail Sales data](https://todaymarkets.ae/eur-gbp-extends-losses-toward-0-8300-following-uk-gdp-retail-sales-data/): EUR/GBP continues its downward trajectory for the second straight day, trading near 0.8330 in early European hours. The currency pair faces pressure as the Pound Sterling (GBP) strengthens following the release of the United Kingdom’s (UK) Q4 Gross Domestic Product (GDP) and Retail Sales data on Friday. The UK GDP grew by 0.1% quarter-over-quarter in Q4, in … - [GBP/JPY remains weak near 195.00 despite upbeat UK Retail Sales data](https://todaymarkets.ae/gbp-jpy-remains-weak-near-195-00-despite-upbeat-uk-retail-sales-data/): The GBP/JPY cross weakens to near 195.00 during the early European session on Friday. The stronger UK economic data fails to boost the Pound Sterling (GBP) against the Japanese Yen (JPY).  Data released by the Office for National Statistics (ONS) showed on Friday that the UK Retail Sales increased 1.0% MoM in February versus a rise of 1.7% … - [Market’s focus will be primarily on the release of U.S. PCE inflation data](https://todaymarkets.ae/markets-focus-will-be-primarily-on-the-release-of-u-s-pce-inflation-data/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [UK Retail Sales unexpectedly rise 1% MoM in February vs. -0.3% expected](https://todaymarkets.ae/uk-retail-sales-unexpectedly-rise-1-mom-in-february-vs-0-3-expected/): The United Kingdom (UK) Retail Sales jumped 1% month-over-month (MoM) in February after jumping 1.7% in January, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.3% drop in the reported month. The core Retail Sales, stripping the auto motor fuel sales, rose by 1% MoM, against the previous revised … - [USD/CAD holds gains above 1.4300 ahead of US PCE Price Index, Canada’s GDP data](https://todaymarkets.ae/usd-cad-holds-gains-above-1-4300-ahead-of-us-pce-price-index-canadas-gdp-data/): USD/CAD continues its upward momentum for the second consecutive day, trading around 1.4310 during Asian hours on Friday. The pair benefits from increased risk aversion driven by growing concerns over impending US auto tariffs. On Wednesday, US President Donald Trump signed an order imposing a 25% tariff on auto imports and warned of further measures … - [USD/CHF holds above 0.8800 as traders await US PCE inflation data](https://todaymarkets.ae/usd-chf-holds-above-0-8800-as-traders-await-us-pce-inflation-data/): The USD/CHF pair trades in positive territory near 0.8825 during the early European session on Friday. The Greenback edges higher as traders assess how severe tariffs scheduled to be revealed by US President Donald Trump next week are likely to impact the global economy. The US February Personal Consumption Expenditures (PCE) data will be in … - [US core PCE inflation expected to remain sticky, reinforcing Federal Reserve’s cautious stance on rate cuts](https://todaymarkets.ae/us-core-pce-inflation-expected-to-remain-sticky-reinforcing-federal-reserves-cautious-stance-on-rate-cuts/): The United States (US) Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for February on Friday at 12:30 GMT. This index is the Federal Reserve’s (Fed) preferred measure of inflation. PCE inflation data is usually seen as a big market mover because it is taken into … - [US Dollar Index maintains position near 104.50 ahead of PCE Price Index data](https://todaymarkets.ae/us-dollar-index-maintains-position-near-104-50-ahead-of-pce-price-index-data/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, hovers around 104.30. The Greenback faced downward pressure as US bond yields decline—3.98% for the 2-year bond and 4.34% for the 10-year bond at the time of writing. However, Moody’s has cautioned that rising tariffs and tax … - [U.S. Government spotted moving 97 BTC and 884 ETH: Sell-off or Stockpile?](https://todaymarkets.ae/u-s-government-spotted-moving-97-btc-and-884-eth-sell-off-or-stockpile/): The U.S. government’s recent $10.23 million Bitcoin and Ethereum transfer has sparked speculation about potential liquidation or strategic accumulation under new policies. US government’s transfers of 97 BTC and 884 ETH sparks market speculations Citing Arkham Intelligence data, crypto analytics platform Lookonchain has reported a series of transactions linked to the United States government.  According to the post on … - [Ethereum - Whales increase buying pressure as developers set April 30 for Pectra mainnet upgrade](https://todaymarkets.ae/ethereum-whales-increase-buying-pressure-as-developers-set-april-30-for-pectra-mainnet-upgrade/): Ethereum price today: $1,930 Ethereum (ETH) has seen immense buying from whales on Thursday following core developers fixing April 30 as a tentative date for the Pectra upgrade to go live on mainnet. Ethereum whales increase buying pressure ahead of Pectra mainnet upgrade In its latest All Core Developers Consensus (ACDC) call, Ethereum developers tentatively scheduled April … - [Bitcoin, Ethereum, Ripple: BTC stabilizes while ETH and XRP show weakness](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-stabilizes-while-eth-and-xrp-show-weakness/): Bitcoin (BTC) price stabilizes at around $87,000 on Friday, as its RSI indicates indecisiveness among traders. However, Ethereum (ETH) and Ripple (XRP) show signs of weakness as they face resistance around their key levels and face a pullback this week. Bitcoin’s RSI indicator flatlines, suggesting indecisiveness among traders Bitcoin price broke and closed above its 200-day … - [Monday Is a Major Day in the Grain Futures Markets in The U.S.](https://todaymarkets.ae/monday-is-a-major-day-in-the-grain-futures-markets-in-the-u-s/): The U.S. Department of Agriculture will release its planting intentions and quarterly grain stocks reports on Monday, March 31 as 12:00 p.m. Eastern. This release will make Monday one of the most important grain-trading days of the year. History shows this report day to be a potential tone-setter in the grain and cotton markets for … - [Cotton Rallies Triple Digits on Thursday](https://todaymarkets.ae/cotton-rallies-triple-digits-on-thursday/): Cotton futures posted strength on Thursday, as contracts closed with front month gains of 100 to 139 points. The outside markets were supportive on the day. Crude oil futures were up 29 cents/barrel, as the US dollar index $0.292 lower on the day. USDA Export Sales data totaled 84,405 RB for 2024/25 in the week … - [Rain Forecasts for Brazil Undercut Sugar Prices](https://todaymarkets.ae/rain-forecasts-for-brazil-undercut-sugar-prices/): May NY world sugar #11 (SBK25) Thursday closed down -0.26 (-1.34%), and May London ICE white sugar #5 (SWK25) closed down -2.50 (-0.46%). Sugar prices Thursday slid to 1-1/2 week lows as forecasted rain for Brazil eased dryness concerns and sparked long liquidation in sugar futures.  Meteorologist Climatempo forecasted widespread showers for Brazil’s sugar-growing regions … - [Cocoa Prices Stabilize Above Recent Lows](https://todaymarkets.ae/cocoa-prices-stabilize-above-recent-lows/): May ICE NY cocoa (CCK25) Thursday closed down -65 (-0.81%), and May ICE London cocoa #7 (CAK25) closed down -91 (-1.45%). Cocoa prices Thursday settled moderately lower as they consolidated above recent lows.  Since posting 4-1/2 month lows last Friday, cocoa prices have traded sideways.  Losses in London cocoa accelerated Thursday when the British pound … - [Coffee Prices Fall Sharply as Global Production Concerns Recede](https://todaymarkets.ae/coffee-prices-fall-sharply-as-global-production-concerns-recede/): May arabica coffee (KCK25) Thursday closed down -13.20 (-3.37%), and May ICE robusta coffee (RMK25) closed down -86 (-1.58%). Coffee prices Thursday added to sharp Wednesday’s losses, with arabica falling to a 1-month nearest-futures low and robusta dropping to a 2-1/4 month nearest-futures low.  Coffee prices fell on forecasts for rain in Brazil that would … - [EUR/USD trades with mild negative bias below 1.0800; focus remains on US PCE Price Index](https://todaymarkets.ae/eur-usd-trades-with-mild-negative-bias-below-1-0800-focus-remains-on-us-pce-price-index/): The EUR/USD pair struggles to capitalize on the previous day’s goodish bounce from over a three-week low, around the 1.0730 area, and edges lower during the Asian session on Friday. Spot prices currently trade with mild negative bias below the 1.0800 mark, though the downtick lacks bearish conviction as investors await the release of the … - [EUR/JPY retreats below 163.00 following upbeat Tokyo CPI data](https://todaymarkets.ae/eur-jpy-retreats-below-163-00-following-upbeat-tokyo-cpi-data/): EUR/JPY retraces its recent gains from the previous session, trading around 162.70 during the Asian hours. The currency cross depreciates as the Japanese Yen (JPY) strengthens following the release of Tokyo’s Consumer Price Index (CPI) data on Friday. Tokyo’s core CPI rose 2.4% year-on-year in March, up from 2.2% in February, aligning with market expectations. … - [AUD maintains position following recent losses, US PCE inflation data eyed](https://todaymarkets.ae/aud-maintains-position-following-recent-losses-us-pce-inflation-data-eyed/): The Australian Dollar (AUD) weakens against the US Dollar (USD) on Friday, erasing gains from the previous session. The AUD/USD pair declines amid heightened risk aversion, driven by concerns over impending US auto tariffs. US President Donald Trump signed an order on Wednesday imposing a 25% tariff on auto imports, further escalating global trade tensions. These aggressive … - [USD/INR strengthens ahead of US PCE inflation data](https://todaymarkets.ae/usd-inr-strengthens-ahead-of-us-pce-inflation-data/): The Indian Rupee (INR) remains weak on Friday, pressured by month-end US Dollar (USD) demand from importers. US President Donald Trump late on Wednesday announced a 25% tariff on automotive imports, set to take effect on April 2. This, in turn, lifts the Greenback and undermines the Indian currency. Rising crude oil prices also contribute to the … - [XAU/USD advances to fresh all-time peak amid tariffs-driven global flight to safety](https://todaymarkets.ae/xau-usd-advances-to-fresh-all-time-peak-amid-tariffs-driven-global-flight-to-safety/): Gold price (XAU/USD) attracts follow-through buyers for the second consecutive day and climbs to a fresh record high, around the $3,077-3,078 area during the Asian session on Friday. The global risk sentiment takes a hit in reaction to US President Donald Trump’s auto tariffs announced on Wednesday. Moreover, the uncertainty over Trump’s impending reciprocal tariffs … - [Japanese Yen sticks to strong Tokyo CPI-inspired gains, lacks bullish conviction](https://todaymarkets.ae/japanese-yen-sticks-to-strong-tokyo-cpi-inspired-gains-lacks-bullish-conviction/): The Japanese Yen (JPY) attracts some buyers touching a nearly four-week low against its American counterpart during the Asian session on Friday, though it lacks follow-through. Strong consumer inflation data from Tokyo (Japan’s capital city) keeps the door open for more interest rate hikes by the Bank of Japan (BoJ). Moreover, the BoJ Summary of … - [GBP/USD Hovers around 1.2950 near nine-day EMA](https://todaymarkets.ae/gbp-usd-hovers-around-1-2950-near-nine-day-ema/): The GBP/USD pair holds steady after gains in the previous session, hovering around 1.2950 during Friday’s Asian trading hours. The technical analysis of the daily chart suggests a sustained bullish outlook, with the pair consolidating within an ascending channel pattern. The 14-day Relative Strength Index (RSI) stays above 50, signaling strong bullish momentum. Furthermore, the GBP/USD … - [Philip Morris Starts New U.S Marlet Expasnion With New IQOS](https://todaymarkets.ae/philip-morris-starts-new-u-s-marlet-expasnion-with-new-iqos/): Philip Morris (PM.US) officially launched its IQOS heated tobacco device in Austin, Texas on Thursday, priced at $60 with tobacco sticks at $8 per pack. The world’s largest cigarette maker aims to capture 10% of the U.S. tobacco and heated tobacco market by 2030 as it enters what it considers the top global market for smoking alternatives. … - [The Cost is 15% For Gamestop Blundering Bitcoin Bias](https://todaymarkets.ae/the-cost-is-15-for-gamestop-blundering-bitcoin-bias/): GameStop (GME.US) shares are down nearly 15% today, erasing yesterday’s rebound, which was largely driven by news that the company plans to include Bitcoin in its reserves. GameStop intends to shut down a significant portion of its physical video game retail locations and focus on a Bitcoin-centered strategy, similar to MicroStrategy. Shareholders have every right to … - [Dollar Tree Sells Family Dollar For $1Billion, Shares Gain 10%](https://todaymarkets.ae/dollar-tree-sells-family-dollar-for-1billion-shares-gain-10/): Dollar Tree shares jumped nearly 10% Wednesday after the discount retailer announced the sale of its troubled Family Dollar chain to private equity firms Brigade Capital Management and Macellum Capital Management for $1 billion, a fraction of the $8 billion it paid in 2015. Strategic Shift for Dollar Tree “This is a major milestone in … - [Trade of The Day - EUR/CAD](https://todaymarkets.ae/trade-of-the-day-eur-cad/): Facts:   Recommendation: Source: xStation5 Opinion: At the beginning of March, EURCAD surged well above SMA200 (purple), reaching its highest level since July 2020, just before the BoC’s latest rate decision. Markets had expected a 25 bps rate cut, but the hawkish tone of the recently released meeting minutes surprised investors. The document stated that … - [Kansas City Fed Index Higher Than Expected](https://todaymarkets.ae/kansas-city-fed-higher-than-expected/): Kansas City Fed Composite index came in -2 vs -5 exp. and -5 previously The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes … - [NATGAS Moves Lower on EIA Report](https://todaymarkets.ae/natgas-moves-lower-on-eia-report/): EIA Natural Gas Change BCF Actual 37B (Forecast 34B, Previous 9B) The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website … - [U.S. Pending Home Sales Above Expectations](https://todaymarkets.ae/u-s-pending-home-sales-above-expectations/): 02:00 PM GMT, United States – Pending Home Sales Index for February: United States – Pending Home Sales for February: The report highlights that contract signings remain below historical levels. It also notes that a decline in mortgage rates could benefit both buyers and sellers. The material on this page does not constitute financial advice and does not take … - [Final U.S. GDP Slightly Higher; Jobless Claims Below Expectations](https://todaymarkets.ae/final-u-s-gdp-slightly-higher-jobless-claims-below-expectations/): US Q4 2024 GDP final QoQ came in at 2.4% vs 2.3% exp. US Initial Jobless Claims Actual 224k (Forecast 225k, Previous 223k) US indices reacted positvely on data, which point to slightly lower price pressure (PCE) and slightly higher growth. However, those reading are not actual (Q4 2024). US2000 gains almost 0.7% today, while … - [Sell-Off Continues in Europe, Automotive Companies in Focus](https://todaymarkets.ae/sell-off-continues-in-europe-automotive-companies-in-focus/): General market situation: European stocks are losing ground today, extending the downward correction initiated yesterday. The German DAX is currently losing 1%, while the French CAC40 is down 0.58%. The Polish market is doing poorly, with losses reaching 0.6%. The most important macroeconomic data for today are the final GDP reading in the US (Q4), jobless … - [XAU/USD Surges 1.1% And Aproaching ATH](https://todaymarkets.ae/xau-usd-surges-1-1-and-aproaching-ath/): Gold surges above $3055 as US tariffs fuel safe haven demand💡 Yesterday, Donald Trump announced 25% tariffs on autos, signaling that he could offer China a tariff cut in case of positive progress in negotiations. However, markets interpret the 25% auto tariffs as a renewed trade war, fueling demand for safe-haven assets.Today, we can see … - [Economic Calendar - U.S. Q4 Data in Focus](https://todaymarkets.ae/economic-calendar-u-s-q4-data-in-focus/): Thursday will be packed with data from the U.S. (quarterly GDP, PCE, jobless claims, gas inventory changes) as well as speeches from European Central Bank (ECB) representatives. The final U.S. GDP reading for Q4 may attract investor attention following the OECD’s recent downgrade of U.S. growth forecasts. The quarterly PCE data will serve as a prelude … - [FX option expiries for Mar 27 NY cut](https://todaymarkets.ae/fx-option-expiries-for-mar-27-ny-cut/): FX option expiries for Mar 27 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts GBP/USD: GBP amounts      USD/JPY: USD amounts                                  AUD/USD: AUD amounts USD/CAD: USD amounts        EUR/GBP: EUR amounts         - [AUD holds gains as US Dollar struggles ahead of Q4 GDP Annualized data](https://todaymarkets.ae/aud-holds-gains-as-us-dollar-struggles-ahead-of-q4-gdp-annualized-data/): The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Thursday despite the increased risk aversion amid concerns over impending US auto tariffs. The AUD/USD pair weakened following President Donald Trump’s decision late Wednesday to impose a 25% tariff on auto imports, further escalating global trade tensions. The tariffs are set to take effect on April … - [EUR/JPY Tests nine-day EMA support near channel’s lower boundary at 161.50](https://todaymarkets.ae/eur-jpy-tests-nine-day-ema-support-near-channels-lower-boundary-at-161-50/): EUR/JPY dips slightly after gaining in the previous session, hovering around 161.90 during Thursday’s Asian trading hours. Technical analysis of the daily chart indicates the currency cross is moving within an ascending channel, supporting a bullish outlook. Additionally, the 14-day Relative Strength Index (RSI) remains above 50, reinforcing the bullish bias. The cross also stays above … - [USD/JPY sticks to intraday gains amid concerns about Trump's trade tariffs](https://todaymarkets.ae/usd-jpy-sticks-to-intraday-gains-amid-concerns-about-trumps-trade-tariffs/): The Japanese Yen (JPY) regains positive traction on Thursday as US President Donald Trump’s new tariffs on imported cars and light trucks starting next week boost demand for traditional safe-haven assets. Apart from this, the hawkish sentiment surrounding the Bank of Japan’s (BoJ) policy outlook, bolstered by strong wage growth for the third straight year, turns … - [USD/INR gathers strength on month-end US Dollar demand](https://todaymarkets.ae/usd-inr-gathers-strength-on-month-end-us-dollar-demand/): The Indian Rupee (INR) loses momentum on Thursday. Concerns over potential tariff retaliations and rising month-end US Dollar (USD) demand from importers undermine the Indian currency. Furthermore, a rise in crude oil prices contributes to the INR’s downside as India is the world’s third-largest oil consumer.    Nonetheless, the positive outlook in domestic equities and renewed foreign fund … - [USD/CAD remains subdued near 1.4250 despite concerns over impending US auto tariffs](https://todaymarkets.ae/usd-cad-remains-subdued-near-1-4250-despite-concerns-over-impending-us-auto-tariffs/): USD/CAD remains subdued for the fourth consecutive day, hovering around 1.4260 during Asian trading hours on Thursday. The pair is under pressure as the US Dollar (USD) weakens amid declining Treasury yields. The US Dollar Index (DXY), which tracks the USD against six major currencies, is retreating from recent gains, trading near 104.30. Meanwhile, yields … - [Cotton Post Wednesday Gains](https://todaymarkets.ae/cotton-post-wednesday-gains/): Cotton futures closed out the Wednesday session with contracts getting a midweek pop. Front months were up 40 to 54 points at the closing bell. Crude oil futures were up 94 cents/barrel and the US dollar index $0.369 higher on the day.  The Seam showed 2,569 bales in online sales on Tuesday at an average … - [Dollar Strength Weighs on Sugar Prices](https://todaymarkets.ae/dollar-strength-weighs-on-sugar-prices/): May NY world sugar #11 (SBK25) Wednesday closed down -0.16 (-0.82%), and May London ICE white sugar #5 (SWK25) closed down -4.40 (-0.81%). Sugar prices Wednesday settled moderately lower as strength in the dollar (DXY00) weighed on most commodity prices, including sugar.  Sugar prices have rallied over the past two weeks, with NY sugar posting … - [Cocoa Prices Consolidate Recent Losses](https://todaymarkets.ae/cocoa-prices-consolidate-recent-losses/): May ICE NY cocoa (CCK25) Wednesday closed up +49 (+0.61%), and May ICE London cocoa #7 (CAK25) closed up +69 (+1.12%). Cocoa prices Wednesday settled moderately higher as they consolidated above recent lows.  Gains in London cocoa accelerated Wednesday when the British pound (^GBPUSD) fell to a 2-week low, boosting cocoa that is priced in … - [Coffee Prices Retreat on Rain Forecasts for Brazil](https://todaymarkets.ae/coffee-prices-retreat-on-rain-forecasts-for-brazil/): May arabica coffee (KCK25) Wednesday closed down -6.55 (-1.64%), and May ICE robusta coffee (RMK25) closed down 154 (-2.75%). Coffee prices Wednesday erased an early rally and retreated after meteorologist Climatempo forecast widespread showers for Brazil’s coffee-growing regions later this week.   Coffee prices Wednesday initially moved higher, with arabica posting a 2-1/2 week high … - [Tesla Drops 6% Amid EV Subsidy Freeze in Canada](https://todaymarkets.ae/tesla-drops-6-amid-ev-subsidy-freeze-in-canada/): Tesla (TSLA.US) shares are down nearly 6% today, contributing to the broader 1.6% sell-off on the Nasdaq. Alongside Nvidia, they are among the weakest performers on the U.S. stock market. Tesla (D1 Chart) Tesla shares are declining, and the EMA200 and EMA50 exponential moving averages are on track to form a ‘death cross’ pattern. Source: xStation5 Tesla (H1 Chart) … - [GBP/USD rises above 1.2900 as US yields decline, Q4 GDP Annualized report eyed](https://todaymarkets.ae/gbp-usd-rises-above-1-2900-as-us-yields-decline-q4-gdp-annualized-report-eyed/): GBP/USD recovers its recent losses from the previous session, climbing to around 1.2910 during Thursday’s Asian session. The pair is strengthening as the US Dollar (USD) remains under pressure due to declining Treasury yields, with the 2-year and 10-year yields hovering at 4.0% and 4.34%, respectively. Market participants are closely monitoring upcoming US economic data, … - [EUR/USD rebounds from multi-week low, climbs to 1.0780 area amid USD downtick](https://todaymarkets.ae/eur-usd-rebounds-from-multi-week-low-climbs-to-1-0780-area-amid-usd-downtick/): The EUR/USD pair rebounds from over a three-week low, around the 1.0735-1.0730 area touched during the Asian session on Thursday, and for now, seems to have snapped a six-day losing streak. The momentum lifts spot prices to the 1.0780 region, or a fresh daily high in the last hour, and is sponsored by renewed US … - [XAU/USD firms above $3,000 after Trump's tariff headlines](https://todaymarkets.ae/xau-usd-firms-above-3000-after-trumps-tariff-headlines/): Gold price has flat-lined late in the North American session, capped by the recovery of the US Dollar Index (DXY), which fell to a low of 104.18 before staging a recovery. The move was sponsored by the White House, which said that President Donald Trump would announce automobile tariffs at around 22:00 GMT. At the … - [WTI edges higher above $69.50 on Venezuela supply concerns](https://todaymarkets.ae/wti-edges-higher-above-69-50-on-venezuela-supply-concerns/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.60 during the early Asian session on Thursday. The WTI price extends the rally to a near four-week high amid mounting concerns about tighter global supply after the US threat of tariffs on countries buying Venezuelan production. WTI price has been supported since US President Donald Trump slapped a 25% … - [XAG/USD maintains position above $33.50 due to safe-haven demand](https://todaymarkets.ae/xag-usd-maintains-position-above-33-50-due-to-safe-haven-demand/): Silver (XAG/USD) recovers recent losses from the previous session, trading around $33.70 per troy ounce during Asian hours on Thursday. The metal gains traction as investors seek safe-haven assets following the US auto tariff announcement, which has fueled concerns over potential retaliatory measures next week. Risk-off sentiment intensified after US President Donald Trump signed an … - [Nasdaq Tumbles 1.5%](https://todaymarkets.ae/nasdaq-tumbles-1-5/): Nasdaq loses momentum dragged down by 5.5% Nvidia sell-off and tariffs uncertainty 📉 The futures on Nasdaq 100 index (US100) slips almost 1.5% today, halting a three-day winning streak, as semiconductor giant Nvidia led technology shares lower following reports that China is implementing new restrictions that could significantly impact the chipmaker’s business. Nvidia, one of … - [Fed Kashkari Addresses Tariffs Uncertainty](https://todaymarkets.ae/fed-kashkari-addresses-tariffs-uncertainty/): Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, commented today on the state of the U.S. economy, pointing to significant uncertainty related to trade tariffs. The U.S. dollar is gaining slightly, while the Japanese yen is under heavy pressure. Data from Japan showed no year-over-year growth in chain store sales for February, disappointing expectations for a … - [U.S Oil Inventories Lower Than Expected](https://todaymarkets.ae/u-s-oil-inventories-lower-than-expected/): EIA Crude Oil Inventories: -3.341M (Forecast 1.977M, Previous 1.745M) OIL.WTI gains today almost 0.8% but declined 5 minutes after the US EIA report, despite more favorable for bulls inventories data. Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation … - [UK Economy - Spring Statement Review](https://todaymarkets.ae/uk-economy-spring-statement-review/): The UK bond market spares Rachel Reeves The Spring Statement was a relatively stable affair. The spending cuts had been well flagged in advance, the 2025 OBR growth forecast was cut in line with expectations, growth further in the future was revised higher, and the biggest sweetener for the bond market was news from the … - [Nasdaq Doww 1.1% While Nvidia 4% Selloff Pressures Semiconductors](https://todaymarkets.ae/nasdaq-doww-1-1-while-nvidia-4-selloff-pressures-semiconductors/): Overall market sentiment on Wall Street remains fragile, dragged down by losses in large-cap tech, with Nvidia, Tesla, and Taiwan Semiconductor leading the declines. Big Tech as a whole is under pressure. However, other sectors in the S&P 500 are providing some cushion. The solid economic data also dampens hopes of aggressive Fed rate cuts, … - [GameStop Surges 13% as Board Approves Bitcoin as Treasury Reserve Asset](https://todaymarkets.ae/gamestop-surges-13-as-board-approves-bitcoin-as-treasury-reserve-asset/): GameStop shares jumped as much as 12% after the video game retailer announced its board had unanimously approved an update to its investment policy to add Bitcoin as a treasury reserve asset. The move comes alongside disappointing fourth-quarter results, with net sales tumbling 28% year-over-year to $1.28 billion. The company is joining a growing list … - [Tariffs And Corn Prices](https://todaymarkets.ae/tariffs-and-corn-prices/): The trade war initiated by Donald Trump is in full swing. The battle, which began in early February, constantly shifts its pace and direction. Although tariffs on China have already reached 20%, the situation with Mexico, Canada, and the rest of the world remains uncertain. Investors are eagerly awaiting April 2, when the United States … - [Trade of The Day - DAX40](https://todaymarkets.ae/trade-of-the-day-dax40/): Facts:  DE40 bounced off the lower limit of 1:1 structureGerman index is trading in an upward channel Recommendation: Trade: Long DE40 at market priceTarget: 23400, 23540Stop: 23076 Opinion: Looking at the DE40 chart, one can see a potential upwardtrend resumption. The recent downward correction stopped at the key support area. The aforementioned support results from the lower … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-6/): The Japanese yen was the weakest G10 currency today. JPY began to weaken sharply after Governor Ueda’s speech, which was perceived as dovish by financial markets. At the moment, the losses have been partially recovered, but USDJPY is still up 0.11% at 150.1000. The Governor of the Bank of Japan (BOJ), Kazuo Ueda, focused his speech … - [UK- Chancellor's Spring Statement Preview](https://todaymarkets.ae/uk-chancellors-spring-statement-preview/): Spring statement preview: The Chancellor swings the axe The Chancellor will deliver her spring statement on Wednesday 26th March at 1200 GMT. The Chancellor has said that this is not a fiscal event, however, she is expected to announce a swathe of spending cuts that have been well signaled in recent days. Big cuts are expected … - [Economic Calendar - U.S. Durable Goods Data in Focus](https://todaymarkets.ae/economic-calendar-u-s-durable-goods-data-in-focus/): Today’s macroeconomic calendar is rather uninteresting. The most important publication that markets may pay attention to is the U.S. durable goods orders report. In addition, the weekly oil inventory report will be released, and we will hear opinions from several FOMC members, including Kashkari and Musalem, regarding the current state of the U.S. economy. Nevertheless, … - [EUR/GBP Gains After Disappointing UK CPI Data](https://todaymarkets.ae/eur-gbp-gains-after-disappointing-uk-cpi-data/): 07:00 AM GMT, United Kingdom – Inflation Data for February: UK inflation eased in February 2025, with CPI increasing 2.8% (down from 3.0%). Monthly inflation was 0.4%, lower than the 0.6% rise seen a year earlier. Clothing was the main driver of the slowdown, with additional downward pressure from housing costs in CPIH. Core inflation also declined slightly, with … - [Let's Catch up](https://todaymarkets.ae/lets-catch-up/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [WTI drifts higher above $69.00 on Venezuela supply worries](https://todaymarkets.ae/wti-drifts-higher-above-69-00-on-venezuela-supply-worries/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.15 during the early Asian session on Wednesday. The WTI price extends its upside on a larger-than-expected crude draw and concerns about tighter global supply due to threatened US tariffs on countries buying Venezuelan production. Crude Oil inventories declined larger than expected last week. The American Petroleum … - [Cotton futures saw some weakness on Tuesday ](https://todaymarkets.ae/cotton-futures-saw-some-weakness-on-tuesday/): Cotton futures saw some weakness on Tuesday with contracts as much at 28 points lower in the nearbys. The outside factors were supportive, albeit slightly. Crude oil were futures up 9 cents/barrel and the US dollar index $0.081 lower so far on the day. Analysts surveyed by Bloomberg estimate next Monday’s Prospective Planting report to … - [Dollar Weakness Sparks Short Covering in Sugar](https://todaymarkets.ae/dollar-weakness-sparks-short-covering-in-sugar/): May NY world sugar #11 (SBK25) Tuesday closed up +0.25 (+1.30%), and May London ICE white sugar #5 (SWK25) closed up +2.30 (+0.42%). Sugar prices Tuesday recovered from 1-week lows and settled moderately higher as a decline in the dollar index (DXY00) sparked short covering in sugar futures.  Sugar prices have rallied over the past … - [Cocoa Prices Slip on Beneficial Weather in West Africa](https://todaymarkets.ae/cocoa-prices-slip-on-beneficial-weather-in-west-africa/): May ICE NY cocoa (CCK25) Tuesday closed down -84 (-1.04%), and May ICE London cocoa #7 (CAK25) closed down -128 (-2.03%). Cocoa prices settled moderately lower on Tuesday as favorable weather in West Africa aids pod developments and should boost yields for the upcoming mid-crop cocoa harvest.  Cocoa prices have been on the defensive over … - [Coffee Prices Post Moderate Gains on Adverse Weather in Brazil and Vietnam](https://todaymarkets.ae/coffee-prices-post-moderate-gains-on-adverse-weather-in-brazil-and-vietnam/): May arabica coffee (KCK25) Tuesday closed up +5.15 (+1.31%), and May ICE robusta coffee (RMK25) closed up +90 (+1.64%). Coffee prices on Tuesday posted moderate gains, with robusta climbing to a 2-1/2 week high.   Weather concerns in Brazil and Vietnam are boosting coffee prices.   Cooxupe, Brazil’s largest arabica coffee co-operative, said high temperatures … - [Ethereum, Ripple: BTC, ETH, and XRP could face volatility as Trump’s “Liberation Day” nears](https://todaymarkets.ae/ethereum-ripple-btc-eth-and-xrp-could-face-volatility-as-trumps-liberation-day-nears/): Bitcoin (BTC) price hovers around $87,000 on Wednesday after recovering 4% in the last three days. Ethereum (ETH) and Ripple (XRP) find support around their key level, suggesting a recovery on the cards. Traders should keep an eye on Trump’s upcoming “Liberation Day” on April 2, with significant tariff announcements, which could trigger increased volatility in … - [XRP fails to rally as Ripple agrees to drop cross-appeal against SEC](https://todaymarkets.ae/xrp-fails-to-rally-as-ripple-agrees-to-drop-cross-appeal-against-sec/): Ripple confirmed on Tuesday that it will no longer pursue its cross-appeal against the United States (US) Securities and Exchange Commission (SEC). XRP’s price remained fairly muted despite the positive development. Ripple to drop cross-appeal against SEC Ripple has agreed to drop its cross-appeal against the SEC, bringing its case with the agency to a … - [Fed’s Goolsbee believes borrowing costs would be “a fair bit lower” in 12-18 months from now – FT](https://todaymarkets.ae/feds-goolsbee-believes-borrowing-costs-would-be-a-fair-bit-lower-in-12-18-months-from-now-ft/): Chicago Federal Reserve (Fed) President Austan Goolsbee said in a Financial Times (FT) interview on Wednesday that he “believed borrowing costs would be “a fair bit lower” in 12-18 months from now.” Additional comments We’re no longer on the golden path as seen in the last two years. We’re now entering into a different chapter. … - [FX option expiries for Mar 26 NY cut](https://todaymarkets.ae/fx-option-expiries-for-mar-26-ny-cut/): FX option expiries for Mar 26 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts GBP/USD: GBP amounts      USD/JPY: USD amounts                                  USD/CHF: USD amounts      AUD/USD: AUD amounts USD/CAD: USD amounts        - [USD/INR jumps on a rise in month-end US Dollar demand](https://todaymarkets.ae/usd-inr-jumps-on-a-rise-in-month-end-us-dollar-demand/): The Indian Rupee (INR) loses momentum on Wednesday. Month-end US Dollar (USD) demand from local oil companies and importers, coupled with the Greenback’s recovery against major currencies, undermines the Indian currency. Additionally, extended gains in crude oil prices might weigh on the INR as India is the world’s third-largest oil consumer.  On the other hand, the rise … - [EUR/USD gains traction above 1.0750 as US consumer confidence tumbles to a four-year low](https://todaymarkets.ae/eur-usd-gains-traction-above-1-0750-as-us-consumer-confidence-tumbles-to-a-four-year-low/): The EUR/USD pair gains ground to near 1.0780 during the Asian trading hours on Wednesday. The Greenback softens against the Euro (EUR) due to the weaker US economic data and the uncertainty surrounding US President Donald Trump’s trade policy ahead of a new round of tariffs next week. The US Durable Goods Orders report for February is due later on … - [Dow Jones Industrial Average falls back as investors brace for US-China trade talks](https://todaymarkets.ae/dow-jones-industrial-average-falls-back-as-investors-brace-for-us-china-trade-talks/): The Dow Jones Industrial Average (DJIA) followed the broader market lower on Friday, falling below 41,250 as investors gear up for a tense weekend. The United States (US) and China are headed for opening trade talks in Switzerland this weekend, but policymakers from both administrations have cautioned that talks will be strictly preliminary. Chinese delegates have specifically … - [EUR/JPY Euro steadies near 164.00 as bullish structure holds firm](https://todaymarkets.ae/eur-jpy-euro-steadies-near-164-00-as-bullish-structure-holds-firm/): The EUR/JPY pair eased slightly on Friday, trading near the 164.00 zone after the European session, reflecting a modest pullback from recent gains. Despite the minor dip, the broader outlook remains positive, supported by a cluster of rising moving averages that continue to provide a strong technical base. Short-term momentum is mixed, but the overall structure remains … - [USD/JPY struggles as US Dollar Softens Ahead of Key Trade Talks](https://todaymarkets.ae/usd-jpy-struggles-as-us-dollar-softens-ahead-of-key-trade-talks/): USD/JPY pair has pulled back toward 145.00 after failing to extend gains above a near one-month high of 146.20 earlier in the day. The retreat reflects a broader softening in the US Dollar, which reversed sharply as investors reassessed the US-UK trade deal and looked ahead to critical US-China negotiations this weekend in Switzerland. The US … - [AUD/NZD Price Analysis: Aussie holds near 1.0800 as bullish signals persist](https://todaymarkets.ae/aud-nzd-price-analysis-aussie-holds-near-1-0800-as-bullish-signals-persist/): The AUD/NZD pair edged higher on Friday, trading near the 1.0800 zone after the European session, reflecting a steady bullish tone as the market heads into the Asian session. Price action remains within the middle of the day’s range, suggesting that buyers maintain control despite some longer-term resistance levels. The immediate outlook is supported by rising short-term … - [USD/CAD ticks higher to near 1.3920 as Canadian unemployment accelerates](https://todaymarkets.ae/usd-cad-ticks-higher-to-near-1-3920-as-canadian-unemployment-accelerates/): The USD/CAD pair moves higher to near 1.3920 in Friday’s North American session after the release of the Canadian labor market data for April. The data showed that the Unemployment Rate accelerated at a faster pace to 6.9% from estimates of 6.8% and the March reading of 6.7%, the highest level seen since October 2021. Higher jobless … - [EUR/USD bounces back, while US-China trade talks take centre stage](https://todaymarkets.ae/eur-usd-bounces-back-while-us-china-trade-talks-take-centre-stage/): EUR/USD rebounds to near 1.1260 during North American trading hours on Friday from over a three-week low around 1.1200 earlier in the day. The major currency pair bounces back as the US Dollar (USD) retraces amid caution ahead of the trade talks between the United States (US) and China due on Saturday. The US Dollar Index (DXY), which gauges … - [Mexican Peso strengthens as markets weigh Consumer Confidence, Fed signals](https://todaymarkets.ae/mexican-peso-strengthens-as-markets-weigh-consumer-confidence-fed-signals/): The Mexican Peso (MXN) is strengthening against the US Dollar (USD) in Friday’s European session, as Federal Reserve speakers and US-China trade talks overshadow weak Consumer Confidence data out of Mexico for April. At the time of writing, USD/MXN is trading near 19.503, down 0.11%, with further moves likely driven by sentiment shifts around Fed policy signals, … - [Oil Extends It's Rebound by 1.5% on The Back of U.S. China Talks](https://todaymarkets.ae/oil-extends-its-rebound-by-1-5-on-the-back-of-u-s-china-talks/): WTI crude oil futures (OIL.WTI) are heading for a positive weekly close, rising 1.5% on Friday, as investors hope for favorable outcomes from U.S.–China talks, while a trade agreement with the U.K. has given markets renewed optimism that the new U.S. trade policy may not lead to a major economic slowdown. OIL.WTI (Daily Chart) Oil prices are … - [Today Markets - Chinese exports rose 8.1% y/y in April, beating the 1.9% forecast](https://todaymarkets.ae/today-markets-chinese-exports-rose-8-1-y-y-in-april-beating-the-1-9-forecast/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Economic Calendar - Multiple Fed Members Speeches in Focus](https://todaymarkets.ae/economic-calendar-multiple-fed-members-speeches-in-focus/): Investor attention today will be primarily focused on speeches by members of the U.S. Federal Reserve (FOMC). Apart from the speeches, no major macroeconomic data is scheduled to be released from the U.S. However, we will learn Canadian labor market data for April. Following the Fed’s decision on Wednesday, this will be the first series … - [XAG/USD trades with mild positive bias around mid-$32.00's](https://todaymarkets.ae/xag-usd-trades-with-mild-positive-bias-around-mid-32-00s/): Silver (XAG/USD) attracts some dip-buyers near the $32.20 area during the Asian session on Friday and climbs to a fresh daily high in the last hour. The white metal, however, remains well within the previous day’s broader trading range and currently trades just above mid-$32.00s, up over 0.25% for the day. From a technical perspective, … - [EUR/USD rebounds above 1.1200, downside remains due to improved US Dollar](https://todaymarkets.ae/eur-usd-rebounds-above-1-1200-downside-remains-due-to-improved-us-dollar/): The EUR/USD pair trimmed daily losses and is trading around 1.1230 during Friday’s Asian session. The pair depreciated as the US Dollar (USD) found support from upbeat US economic data and signs of easing trade tensions. US President Donald Trump announced a “major” trade deal with the United Kingdom (UK), although key tariffs remain at 10%, which has tempered market … - [Bitcoin, Ethereum, Ripple: BTC, ETH and XRP explode higher as bulls take control](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-explode-higher-as-bulls-take-control/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are surging this week, fueled by growing bullish momentum across the crypto market. BTC is reclaiming levels near $102,900, last seen in early February, ETH is stabilizing around $2,200 after a 20% rally, and XRP is pushing higher as bulls eye the $2.50 target. Bitcoin bulls aim for $105,000 before reaching … - [Ripple: $3 XRP breakout looms after $50M SEC settlement](https://todaymarkets.ae/ripple-3-xrp-breakout-looms-after-50m-sec-settlement/): Ripple (XRP) price consolidates gains around $2.31 at the time of writing on Friday, down slightly on the day. A joint motion filed by Ripple and the Securities and Exchange Commission (SEC) on Thursday revealed that the two parties have reached a settlement agreement pending judicial approval.  Meanwhile, XRP’s performance in the last 24 hours … - [US Dollar Index (DXY) consolidates near 100.50 area, just below multi-week high](https://todaymarkets.ae/us-dollar-index-dxy-consolidates-near-100-50-area-just-below-multi-week-high/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, enters a bullish consolidation phase after touching a nearly one-month top, around the 100.85 region during the Asian session on Friday. Nevertheless, the index remains on track to register gains for the third straight week and seems poised to build on its recent … - [JPY rebounds from multi-week low against USD; lacks bullish conviction](https://todaymarkets.ae/jpy-rebounds-from-multi-week-low-against-usd-lacks-bullish-conviction/): The Japanese Yen (JPY) recovers slightly from a four-week low touched against a broadly stronger US Dollar (USD) during the Asian session on Friday, though it lacks any follow-through buying. Japan’s household spending data released earlier today came in well above consensus estimates, boosting the case for further interest rate hikes by the Bank of Japan (BoJ) … - [NZD/USD breaks below 0.5900, remains subdued following China’s trade data](https://todaymarkets.ae/nzd-usd-breaks-below-0-5900-remains-subdued-following-chinas-trade-data/): The NZD/USD pair continues its downward trajectory for the third consecutive session, hovering near 0.5890 during Friday’s Asian trading hours. The decline follows the release of China’s latest trade data, which pointed to a slowdown in external demand. Given New Zealand’s strong trade links with China, any weakness in the Chinese economy tends to negatively impact … - [Crude Settles Sharply Higher as the US-UK Trade Deal Boosts Economic Optimism](https://todaymarkets.ae/crude-settles-sharply-higher-as-the-us-uk-trade-deal-boosts-economic-optimism/): June WTI crude oil (CLM25) Thursday closed up +1.84 (+3.17%), and June RBOB gasoline (RBM25) closed up +0.0575 (+2.84%). Crude oil and gasoline prices on Thursday settled sharply higher after President Trump announced a trade deal with the UK, which eased trade tensions and bolstered optimism that more trade deals will be made, a positive … - [Soybeans Pops Higher](https://todaymarkets.ae/soybeans-pops-higher/): Soybeans saw 3 to 6 cent gains across most contracts on Thursday, fighting off midday pressure.  The cmdtyView Cash Bean price was up 6 1/2 cents to $9.94 1/2. Soymeal futures were down 20 to 90 cents/ton, with Soy Oil futures back up 74 to 112 points.  A private export sale of 225,000 MT of soybeans for 2025/26 was reported by … - [Wheat Maintains Weakness Into The Weekend](https://todaymarkets.ae/wheat-maintains-weakness-into-the-weekend/): The wheat complex held the weakness into the Thursday close. Chicago SRW futures were down 5 cents in the front months. Kansas City HRW futures were 4 to 5 cents in the red on the day. Minneapolis spring wheat futures fell back 2 to 3 cents at the close. The weekly Export Sales report from … - [Corn Pulls Off Lows](https://todaymarkets.ae/corn-pulls-off-lows/): The corn market pulled off the session lows into the Thursday close, with contracts down 1 to 2 cents at the close. The nearby CmdtyView national average Cash Corn price was down 1 3/4 cents at $4.18 3/4.  USDA reported private export sales of 205,000 MT to Mexico this morning (40,000 for 2024/25 and 165,000 MT for … - [Sugar Prices Climb on Strength in Crude Oil](https://todaymarkets.ae/sugar-prices-climb-on-strength-in-crude-oil/): July NY world sugar #11 (SBN25) Thursday closed up +0.37 (+2.16%), and August London ICE white sugar #5 (SWQ25) closed up +9.50 (+1.96%). Sugar prices Thursday settled moderately higher as a +3% rally in WTI crude oil (CLM25) sparked short covering in sugar futures.  Higher crude prices benefit ethanol and could prompt the world’s sugar … - [Cocoa Prices Slip as the Dollar Rallies](https://todaymarkets.ae/cocoa-prices-slip-as-the-dollar-rallies/): July ICE NY cocoa (CCN25) Thursday closed down -130 (-1.41%), and July ICE London cocoa #7 (CAN25) closed down -128 (-1.91%). Cocoa prices Thursday gave up an early advance and posted moderate losses after the dollar index (DXY00) rallied to a 3-1/2 week high, prompting some long liquidation pressure in cocoa futures after the Tue-Wed … - [Coffee Prices Underpinned by Brazil Crop Concerns](https://todaymarkets.ae/coffee-prices-underpinned-by-brazil-crop-concerns/): July arabica coffee (KCN25) Thursday closed up +3.25 (+0.85%), and July ICE robusta coffee (RMN25) closed up +26 (+0.50%). Coffee prices settled moderately higher on Thursday and are consolidating below last week’s highs.  Last Tuesday, arabica coffee rose to a  2-1/2 month high, and robusta posted a 5-week high on concern about a smaller Brazilian … - [USD/CAD climbs to multi-week top, closer to mid-1.3900s amid sustained USD buying](https://todaymarkets.ae/usd-cad-climbs-to-multi-week-top-closer-to-mid-1-3900s-amid-sustained-usd-buying/): The USD/CAD pair is seen building on this week’s recovery from the year-to-date low, around mid-1.3700s, and gaining positive traction for the third successive day on Friday. The momentum lifts spot prices close to the 1.3940-1.3945 region, or over a three-week high during the Asian session, and is sponsored by a modest US Dollar (USD) strength. In fact, the … - [Gold price recovers modest Asian session losses; climbs back above $3,300 mark](https://todaymarkets.ae/gold-price-recovers-modest-asian-session-losses-climbs-back-above-3300-mark/): Gold price (XAU/USD) reverses an Asian session dip to a multi-day low and climbs back above the $3,300 round-figure mark in the last hour, though the upside potential seems limited. Persistent geopolitical risks stemming from the Russia-Ukraine war, the escalation of tensions in the Middle East, and the India-Pakistan border act as a tailwind for the … - [AUD/USD holds gains near 0.6400 following Chinese trade data](https://todaymarkets.ae/aud-usd-holds-gains-near-0-6400-following-chinese-trade-data/): The AUD/USD pair recovers its daily losses, trading near 0.6400 during Friday’s Asian session, following China trade balance data. However, the Australian Dollar (AUD) remains under pressure due to stalled progress in US-China trade negotiations. Given the close economic ties between Australia and China, any pressure on the Chinese economy tends to weigh on the AUD. … - [USD/INR surges due to risk aversion triggered by escalating India-Pakistan tensions](https://todaymarkets.ae/usd-inr-surges-due-to-risk-aversion-triggered-by-escalating-india-pakistan-tensions/): The Indian Rupee (INR) loses ground against the US Dollar (USD), extending its losses for the fourth successive session on Friday. The USD/INR pair opened with a gap up following approximately 1% gain in the previous day. Traders will likely await India’s FX Reserves data due later in the day. The INR faces renewed pressure amid rising … - [WTI hovers near $60.00, upside appears due to easing trade tensions](https://todaymarkets.ae/wti-hovers-near-60-00-upside-appears-due-to-easing-trade-tensions/): West Texas Intermediate (WTI) crude Oil price edges lower during Asian trading hours on Friday, trading near $59.80 per barrel after posting a nearly 4% gain in the previous session. The rally was fueled by easing trade tensions between major Oil consumers—the United States (US) and China—and the announcement of a “breakthrough” trade deal between the US … - [Mexican Peso firms as inflation accelerates more than expected](https://todaymarkets.ae/mexican-peso-firms-as-inflation-accelerates-more-than-expected/): The Mexican Peso (MXN) swings between mild gains and losses against the US Dollar (USD) on Thursday, as markets digest stronger-than-expected Mexican inflation data alongside a cautious Federal Reserve and the upcoming US-China trade talks. At the time of writing, USD/MXN is down 0.26%, trading near 19.53 holding steady within a narrow range after failing to break … - [BoE Analysis](https://todaymarkets.ae/boe-analysis/): Trump’s trade deal derails BOE’s dovish stance The BOE may have cut rates by 25bps to 4.25%, as expected, however, there were plenty of surprises. The first surprise was the vote split, there was some expectation that it would be a 9-0 vote for a rate cut, instead it was a 5-4 3-way split. Catherine … - [Trump Token Surges 13%](https://todaymarkets.ae/trump-token-surges-13/): The Trump token price is up nearly 13% after the U.S. President announced he will soon sign a major “deal” with a key U.S. ally (though he did not reveal the name of the country). Trump Token (D1 Interval) The Trump token price is approaching the 50-day exponential moving average (EMA50), currently near $10.70. Source: xStation5 The … - [BoE Cuts Rate by 25bps as Expected](https://todaymarkets.ae/boe-cuts-rate-by-25bps-as-expected/): BoE Interest Rate Decision for May:  BoE MPC vote hike for May: BoE MPC vote unchanged for May:  BoE MPC vote cut for May: The ratio of votes to cut to maintain was 7:2, which is not in line with expectations, indicating a unanimous decision. The decision was postponed for 2 minutes due to the … - [Trade of The Day - Nasdaq 100](https://todaymarkets.ae/trade-of-the-day-nasdaq-100/): Facts Recommendation Long position on US100, at market price Opinion The US100 contract is breaking through the 20,100 point barrier on a wave of optimism around media reports about Trump repealing restrictive AI regulations. According to sources, the Trump administration does not intend to enforce the so-called AI diffusion regulation, which is to come into … - [Investing in Uranium - Nuclear Power The Energy Solution?](https://todaymarkets.ae/investing-in-uranium-nuclear-power-the-energy-solution/): Will robots be able to drive for us in the future? Will they be able to perform surgeries with a high level of precision? Will mobile phones, cars, or household appliances become increasingly advanced? Could artificial intelligence help us in our daily lives? All of these premises could help improve our future, but for them to … - [Nasdaq Futures Surges 1.3% Amid Reports to Unwind of U.S Curbs to AI Chips Export](https://todaymarkets.ae/nasdaq-futures-surges-1-3-amid-reports-to-unwind-of-u-s-curbs-to-ai-chips-export/): Nasdaq 100 (US100) futures are rising over 1.3%, breaking above 20,100 points amid optimism sparked by media reports suggesting Trump plans to repeal strict AI-related regulations introduced by the Biden administration.Nvidia shares are up nearly 2% in pre-market trading, approaching $120. The planned repeal, which is not yet finalized, would replace a Biden-era policy that classified countries … - [USD/CAD Remains confined in a multi-week-old range; not out of the woods yet](https://todaymarkets.ae/usd-cad-remains-confined-in-a-multi-week-old-range-not-out-of-the-woods-yet/): The USD/CAD pair attracts buyers for the second successive day on Thursday and recovers further from the year-to-date (YTD) low, around the mid-1.3700s touched earlier this week. The momentum lifts spot prices to the 1.3880-1.3885 region, or over a one-week high during the first half of the European session, and is sponsored by some follow-through US … - [EUR/GBP remains subdued around 0.8500 due to US-UK trade deal hopes, BoE decision in focus](https://todaymarkets.ae/eur-gbp-remains-subdued-around-0-8500-due-to-us-uk-trade-deal-hopes-boe-decision-in-focus/): EUR/GBP is extending losses for the fourth consecutive session, trading near 0.8500 in early European hours on Thursday. However, the currency cross is coming under pressure as the Pound Sterling (GBP) strengthens on speculation that the Trump administration may soon announce a trade agreement with the United Kingdom. According to “The New York Times”, citing … - [Economic Calendar - Central Banks in Focus](https://todaymarkets.ae/economic-calendar-central-banks-in-focus/): The Fed meeting is behind us, but it’s not the end of the central bank week. The Bank of England will announce its interest rate decision today, with markets expecting a 25 bp cut. This first rate cut since February is expected to respond to the economic slowdown risk arising from U.S. trade policy. Despite the … - [Markets Re-Cap](https://todaymarkets.ae/markets-re-cap/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [BoE expected to cut interest rate to 4.25% despite inflation remaining above objective](https://todaymarkets.ae/boe-expected-to-cut-interest-rate-to-4-25-despite-inflation-remaining-above-objective/): The Bank of England (BoE) will announce its latest monetary policy decision on Thursday in what marks its third rate-setting meeting of 2025. Markets widely expect the central bank to reduce its benchmark interest rate by 25 basis points to 4.25% after staying on the sidelines at its March 20 gathering. The Monetary Policy Committee’s … - [XAU/USD surrenders major part of intraday gains; downside potential seems limited](https://todaymarkets.ae/xau-usd-surrenders-major-part-of-intraday-gains-downside-potential-seems-limited/): Gold price (XAU/USD) attracts some sellers following an Asian session uptick to the $3,414-3,415 area and retreats to the lower end of its daily trading range in the last hour. The Federal Reserve’s (Fed) hawkish pause on Wednesday keeps a floor on the US Treasury bond yields and the US Dollar (USD), which, along with a positive … - [No Haste in Fed Rate Decision-making](https://todaymarkets.ae/no-haste-in-fed-rate-decision-making/): Fed in no hurry to change rates, as economic uncertainty remains elevated As meetings go, this Fed meeting was mundane. The Fed chair was careful to reinforce how uncertain the economic environment is, and he repeated the message that the Fed will remain on hold for the foreseeable. Fed chair Powell is happy with the … - [XAG/USD remains close to bullish flag hurdle near $33.20 area](https://todaymarkets.ae/xag-usd-remains-close-to-bullish-flag-hurdle-near-33-20-area/): Silver (XAG/USD) attracts fresh buying during the Asian session on Thursday and reverses a major part of the previous day’s retracement slide from over a one-week high. The white metal climbs to the $33.00 neighborhood in the last hour and seems poised to appreciate further. From a technical perspective, a descending channel on short-term charts … - [NZD/USD trades higher near 0.5950 ahead of potential US-China trade talks](https://todaymarkets.ae/nzd-usd-trades-higher-near-0-5950-ahead-of-potential-us-china-trade-talks/): The NZD/USD pair is trading near 0.5970 during Thursday’s Asian session, rebounding after a more than 1% decline in the previous session. The recovery is driven by optimism surrounding potential de-escalation in US-China trade tensions. US Treasury Secretary Scott Bessent is set to meet with China’s top economic official in Switzerland on Saturday in a bid … - [EUR/USD holds steady above 1.1300 amid softer USD; lacks bullish conviction](https://todaymarkets.ae/eur-usd-holds-steady-above-1-1300-amid-softer-usd-lacks-bullish-conviction/): The EUR/USD pair attracts some dip-buyers during the Asian session on Thursday and reverses a part of the overnight slide from the 1.1375-1.1380 resistance zone. Spot prices, however, remain confined in a familiar range held over the past week or so amid mixed cues and currently trade just above the 1.1300 mark. Friedrich Merz’s election as … - [Nat-Gas Prices Rally on Expectations of Increased US Nat-Gas Exports](https://todaymarkets.ae/nat-gas-prices-rally-on-expectations-of-increased-us-nat-gas-exports/): June Nymex natural gas (NGM25) on Wednesday closed up by +0.158 (+4.45%). June nat-gas prices settled sharply higher on Wednesday.  Nat-gas prices rallied on expectations that US nat-gas exports are set to increase after Houston’s Freeport LNG export facility restarted following a power disruption at the plant on Tuesday.  Increased exports would clear an inventory … - [Coffee Prices Retreat on Expectations of a Bumper Brazil Coffee Crop](https://todaymarkets.ae/coffee-prices-retreat-on-expectations-of-a-bumper-brazil-coffee-crop/): July arabica coffee (KCN25) Wednesday closed down -5.75 (-1.47%), and July ICE robusta coffee (RMN25) closed down -17 (-0.32%). Coffee prices on Wednesday settled moderately lower.  Coffee prices have been on the defensive since Tuesday when Conab, Brazil’s crop forecasting agency, raised its Brazil 2025 coffee production estimate to 55.7 million bags from a January … - [Ivory Coast Mid-Crop Concerns Underpin Cocoa Prices](https://todaymarkets.ae/ivory-coast-mid-crop-concerns-underpin-cocoa-prices/): July ICE NY cocoa (CCN25) Wednesday closed up +273 (+3.06%), and July ICE London cocoa #7 (CAN25) closed up +252 (+3.91%). Cocoa prices on Wednesday added to Tuesday’s sharp gains, with NY cocoa posting a 1-week high and London cocoa posting a 1-month high. Coffee prices rallied on auality concerns regarding the Ivory Coast mid-crop, … - [Sugar Prices Sink on Expectations of Larger Sugar Supplies](https://todaymarkets.ae/sugar-prices-sink-on-expectations-of-larger-sugar-supplies/): July NY world sugar #11 (SBN25) Wednesday closed down -0.31 (-1.78%), and August London ICE white sugar #5 (SWQ25) closed down -8.40 (-1.70%). Sugar prices on Wednesday posted moderate losses, with London sugar falling to a 3-1/2 month low on expectations of larger global sugar supplies. Last Friday, July NY sugar posted a 3-3/4 year … - [Cotton Closes Weaker on Wednesday](https://todaymarkets.ae/cotton-closes-weaker-on-wednesday/): Cotton futures closed the Wednesday session with contracts down 24 to 45 points as May rolled off the board at the close. Crude oil prices back down $1.14/barrels. The US dollar index is up $0.678 to $99.725. Later on Tuesday, China and the US agreed to a meeting in Geneva, Switzerland on Saturday. The meeting … - [Wheat Posts Losses](https://todaymarkets.ae/wheat-posts-losses/): Wheat futures fell lower into the close on Wednesday. Chicago SRW futures slipped back 1 to 2 cents into the final bell. Kansas City HRW futures posted weaker trade, with 7 to 9 cent losses on the day. Minneapolis spring wheat futures were down 7 to 8 cents at the close. The next 7 days … - [Soybeans Post Mixed Action as Nearbys Fail to Hold Early Gains](https://todaymarkets.ae/soybeans-post-mixed-action-as-nearbys-fail-to-hold-early-gains/): The soybean market closed the Wednesday session with mixed trade as front months were down 2 to 5 cents and new crop 2 to 4 cents higher. The cmdtyView Cash Bean price was down 1 ¾ cents to $9.87. Soymeal futures were up $1.90 to $2.80/ton, with Soy Oil futures down another 64 to 103 points. Later on Tuesday, China and … - [Corn Fail to Hold Early Strength](https://todaymarkets.ae/corn-fail-to-hold-early-strength/): Corn futures failed to hold the early gains on Wednesday, closing with contracts down 6 to 7 cents in the nearbys and new crop ½ cent lower. The nearby CmdtyView national average Cash Corn price was down 6 cents at $4.19 1/2.  EIA data showed a total of 1.02 million barrels per day of ethanol produced during … - [GBP/USD appreciates to near 1.3350, rebounds due to potential US-UK trade deal](https://todaymarkets.ae/gbp-usd-appreciates-to-near-1-3350-rebounds-due-to-potential-us-uk-trade-deal/): The GBP/USD pair rebounds from its recent losses, trading near 1.3340 during the Asian session on Thursday. The Pound Sterling (GBP) gains traction on speculation that the Trump administration may soon announce a trade agreement with the United Kingdom (UK). According to “The New York Times”, citing three sources familiar with the matter, US President Donald Trump … - [JPY remains on the front foot against a broadly weaker USD](https://todaymarkets.ae/jpy-remains-on-the-front-foot-against-a-broadly-weaker-usd/): The Japanese Yen (JPY) ticks higher against its American counterpart during the Asian session on Thursday and reverses a part of the previous day’s retracement slide from the weekly high. Minutes from the Bank of Japan’s (BoJ) March meeting indicated that the central bank remains ready to tighten further if economic and price outlooks hold. … - [Gold price sticks to intraday gains near $3,400 amid trade-related uncertainties](https://todaymarkets.ae/gold-price-sticks-to-intraday-gains-near-3400-amid-trade-related-uncertainties/): Gold price (XAU/USD) sticks to its strong intraday gains through the Asian session on Thursday and currently trades around the $3,400 round figure mark. US President Donald Trump tempered hopes for a quick resolution to the US-China trade war by saying that he is in no real hurry to sign any deals. This, along with … - [USD/INR extends gains due to Fed’s cautious policy outlook, India-Pakistan tensions](https://todaymarkets.ae/usd-inr-extends-gains-due-to-feds-cautious-policy-outlook-india-pakistan-tensions/): The Indian Rupee (INR) loses ground against the US Dollar (USD), extending its losses for the third successive session on Thursday. The USD/INR pair appreciates amid the Federal Reserve’s (Fed) cautious policy outlook. As expected, the Fed held interest rates steady at 4.25%–4.50%, but its statement acknowledged growing risks related to inflation and unemployment, injecting fresh uncertainty into markets.  The INR came under … - [USD/CAD trades with negative bias above 1.3800 amid uptick in Oil prices, weaker USD](https://todaymarkets.ae/usd-cad-trades-with-negative-bias-above-1-3800-amid-uptick-in-oil-prices-weaker-usd/): The USD/CAD pair fails to capitalize on the pervious day’s modest recovery move from the vicinity of the year-to-date low and meets with a fresh supply during the Asian session on Thursday. Spot prices, however, remain confined in a multi-week-old range and currently trade around the 1.3815 region, down 0.15% for the day. The US Dollar (USD) … - [WTI rises above $58.00, trade uncertainty caps gains](https://todaymarkets.ae/wti-rises-above-58-00-trade-uncertainty-caps-gains/): West Texas Intermediate (WTI) crude Oil price recovers some ground during Thursday’s Asian session, trading around $58.10 per barrel after recent losses. The rebound is supported by a decline in US crude inventories. According to the latest EIA Petroleum Status Report, US crude stockpiles fell by 2.032 million barrels in the week ending May 2. … - [U.S State Passes Reserve Bill, Fuelling Bitcoin to Breach $97k](https://todaymarkets.ae/u-s-state-passes-reserve-bill-fuelling-bitcoin-to-breach-97k/): Yesterday, in the second half of the day, New Hampshire made history as the first U.S. state to adopt a law allowing the creation of a Strategic Bitcoin Reserve. Following this announcement, Bitcoin surged from around 94,000 USD to 97,000 USD today. Investor enthusiasm is fueled by expectations of a domino effect and adoption of similar … - [Lack Lustre Gold Ahead of Fed Decision](https://todaymarkets.ae/lack-lustre-gold-ahead-of-fed-decision/): Today’s Federal Reserve decision is widely anticipated to deliver no surprises, with interest rates expected to remain on hold. The market is pricing in a mere single-digit percentage probability of a rate cut by the Fed at today’s meeting. Despite repeated calls for easing from Donald Trump, who has even floated the possibility of seeking … - [Weak Dollar Supports Cocoa Above The $9100 Level](https://todaymarkets.ae/weak-dollar-supports-cocoa-above-the-9100-level/): Cocoa futures (COCOA) are outperforming all other agricultural commodities traded on the ICE and CBOT exchanges today. After dipping below $9,000 per ton twice, bulls have reclaimed this key level, pushing prices toward $9,100 and testing recent local highs. The weak U.S. dollar continues to support upward momentum in the cocoa market, and improved weather … - [NATGAS up 4% Driven by Canadian Tariff Uncertainty And Sector Demand](https://todaymarkets.ae/natgas-up-4-driven-by-canadian-tariff-uncertainty-and-sector-demand/): Futures on US Henru Hub natural gas (NATGAS) are up more than 3% today, testing $3.60 level. The main goal for natural gas buyers is now recent, local high at $3.73 zone.  NATGAS Chart (H1) Technically, we can see that falling to $3.40 has ended in V-shape rebound. However, now buyers have to show strength … - [Friedrich Vorwerk (VH2.DE) Shares down 5% Despite Strong Q1 Report](https://todaymarkets.ae/friedrich-vorwerk-vh2-de-shares-down-5-despite-strong-q1-report/): Shares of German energy infrastructure specialist Friedrich Vorwerk (VH2.DE) are down nearly 5.5% today, ranking among the weakest performers on the German stock market. Since bottoming out in 2023, Friedrich Vorwerk’s shares have gained nearly 700%. However, the strong Q1 2025 results were insufficient to attract buyers, leading to a wave of profit-taking. The most important … - [Nomura Recommendation - USD/JPY](https://todaymarkets.ae/nomura-recommendation-usd-jpy/): Nomura has issued a recommendation for the USDJPY currency pair. Nomura recommends taking a short position on the pair with the following levels: Entry (market): 143.74Target: 138.00Stop: 145.50 Nomura recommends taking a short position on USDJPY at the market price with a target of 143.74 and a Stop Loss order at 145.50. Source: xStation5 The … - [Trade of The Day - CAD/JPY](https://todaymarkets.ae/trade-of-the-day-cad-jpy/): Recommendation: Trade: Short position on CADJPY at market priceTarget: 103.35, 103.10Stop: 104.20 Opinion: CADJPY has experienced a local upward correction recently. Looking at the H1 interval from a technical point of view, one can see that buyers managed to halt an upward move at key short-term resistance. Red area on the chart below near 104.00 is … - [Let's Talk Central Banks - BOE And The Fed](https://todaymarkets.ae/lets-talk-central-banks-boe-and-the-fed/): Central Bank watch: FOMC and BOE take centre stage There are multiple drivers of financial markets this week, including progress on trade talks, with a meeting scheduled between China and the US, suggesting that trade tensions between the world’s two largest economies are easing. This is helping the dollar to stage a mini comeback and … - [Gold Falls as progress in US-China trade talks offsets India-Pakistan conflict ](https://todaymarkets.ae/gold-falls-as-progress-in-us-china-trade-talks-offsets-india-pakistan-conflict/): Gold (XAU/USD) drops by more than 1% on Wednesday to $3,391 at the time of writing, ahead of the Federal Reserve (Fed) rate decision and after statements from both China and the United States (US) confirmed that trade talks will kick off this weekend. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will travel … - [AUD/USD Price Forecast: Falls toward ascending channel lower boundary near 0.6450](https://todaymarkets.ae/aud-usd-price-forecast-falls-toward-ascending-channel-lower-boundary-near-0-6450/): The AUD/USD pair breaks its three-day winning streak, trading around 0.6480 during the European hours on Wednesday. The technical analysis of the daily chart suggests a persistent bullish bias as the pair is moving upwards within the ascending channel pattern. The AUD/USD pair continues to hold above the nine-day Exponential Moving Average (EMA), suggesting the short-term price momentum … - [U.S - China Upcoming Talks Provide Positive Sentiment in European Markets](https://todaymarkets.ae/u-s-china-upcoming-talks-provide-positive-sentiment-to-european-markets/): European markets are showing mostly positive performance today. Austria’s AUT20 is leading the gains, up 0.88% to 4108. Italy’s ITA40 has risen 0.48% to 38071, while the Netherlands’ NED25 increased 0.43% to 892.40. Germany’s DE40 gained 0.33% to 23389.3, and the pan-European EU50 index climbed 0.29% to 5225.6. Switzerland’s SUI20 rose 0.15% to 12127, and … - [Chart of The Day - XAU - Gold](https://todaymarkets.ae/chart-of-the-day-xau-gold/): Gold prices retreated 1.12% to $3,391.56 an ounce on Wednesday, snapping a two-day advance as news of upcoming U.S.-China trade talks boosted risk appetite and dampened safe-haven demand. This pullback leaves the yellow metal more than $100 below its record high reached in April. Trade Talks Spark Risk Rally  U.S. Treasury Secretary Scott Bessent and … - [Economic Calendar - Construction PMI's, EU Retail Sales And Fed Decision in Focus](https://todaymarkets.ae/economic-calendar-construction-pmis-eu-retail-sales-and-fed-decision-in-focus/): Today’s economic calendar features European construction PMI data and retail sales figures, alongside several earnings reports from major U.S. companies. The Federal Reserve’s policy decision headlines the day, with markets anticipating no change to interest rates but keen focus on Chair Powell’s comments regarding inflation risks from tariffs and signs of economic cooling. Treasury Secretary … - [Gold price sticks to intraday losses; lacks follow-through amid geopolitical risks, ahead of FOMC](https://todaymarkets.ae/gold-price-sticks-to-intraday-losses-lacks-follow-through-amid-geopolitical-risks-ahead-of-fomc/): Gold price (XAU/USD) recovers slightly from the Asian session low, around the $3,360 area, though maintains its offered tone amid the latest optimism over the announcement of the US-China trade talks in Switzerland this week. Apart from this, some repositioning trades ahead of the key central bank event risk assists the US Dollar (USD) to gain some … - [German Factory Orders jump 3.6% MoM in March vs. 1.3% expected](https://todaymarkets.ae/german-factory-orders-jump-3-6-mom-in-march-vs-1-3-expected/): d by the Federal Statistics Office showed Friday that Germany’s Factory Orders jumped more than expected in March, suggesting that the country’s manufacturing sector has picked up momentum. Over the month, contracts for goods ‘Made in Germany’ rose 3.6% in March after reporting no growth in February. Data beat the estimates of 1.3%. Germany’s Industrial … - [EUR/USD Tests support around 1.1350, upside appears due to bullish bias](https://todaymarkets.ae/eur-usd-tests-support-around-1-1350-upside-appears-due-to-bullish-bias/): EUR/USD retraces its recent gains from the previous session, hovering near 1.1360 during Wednesday’s Asian session. Technical analysis on the daily chart continues to show a bullish bias, with the pair staying within an ascending channel pattern. The EUR/USD pair remains slightly above the nine-day Exponential Moving Average (EMA), signaling strong short-term bullish momentum. The 14-day Relative Strength … - [Asian markets rise on U.S.-China trade talk announcement ](https://todaymarkets.ae/asian-markets-rise-on-u-s-china-trade-talk-announcement/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [WTI advances to one-week high, closer to mid-$59.00s as traders eye US-China trade talks](https://todaymarkets.ae/wti-advances-to-one-week-high-closer-to-mid-59-00s-as-traders-eye-us-china-trade-talks/): West Texas Intermediate (WTI) US Crude Oil prices gain some follow-through positive traction on Wednesday and climb to a one-week high during the Asian session. The commodity currently trades around the $59.40 region, up over 1% for the day, and looks to build on this week’s bounce from the vicinity of the $55.00 psychological mark, … - [XAG/USD trades lower near $33.00 due to US-China trade talks](https://todaymarkets.ae/xag-usd-trades-lower-near-33-00-due-to-us-china-trade-talks/): Silver (XAG/USD) retreated on Wednesday during Asian trading hours, hovering around $33.00 per troy ounce after two consecutive days of gains. The decline comes as safe-haven demand weakens following news that US and Chinese officials will meet this week to discuss trade, raising hopes of de-escalation. In a notable development, US Treasury Secretary Scott Bessent … - [EUR/USD continues to muddle along ahead of key Fed showing](https://todaymarkets.ae/eur-usd-continues-to-muddle-along-ahead-of-key-fed-showing/): EUR/USD muddled through Tuesday’s market action, marking out a fresh near-term consolidation range near the 1.1300 major handle as Fiber traders wait for a reason to move. The Federal Reserve’s (Fed) midweek rate call is the key data event this week, keeping investor sentiment chained to its post for the time being. The Fed’s upcoming … - [AUD/USD rises above 0.6500 following domestic data, US-China trade talks eyed](https://todaymarkets.ae/aud-usd-rises-above-0-6500-following-domestic-data-us-china-trade-talks-eyed/): The AUD/USD pair continues its upward momentum for the fourth consecutive session, hovering around the 0.6510 mark during Wednesday’s Asian trading hours. The Australian Dollar (AUD) finds support from releasing domestic mid-tier economic data and improving global trade sentiment. In April, the AiG Industry Index rose by 5.1 points to -15 on a seasonally adjusted basis, signaling modest … - [Japanese Yen drifts lower as investors cheer US-China trade talks](https://todaymarkets.ae/japanese-yen-drifts-lower-as-investors-cheer-us-china-trade-talks/): The Japanese Yen (JPY) weakens across the board during the Asian session on Wednesday as the optimism over the US-China trade talks is seen undermining demand for traditional safe-haven assets. This comes on top of the uncertainty over the likely pace and timing of future rate hikes by the Bank of Japan (JPY), which is … - [NZD/USD moves away from over two-week high, slides back below 0.6000 mark](https://todaymarkets.ae/nzd-usd-moves-away-from-over-two-week-high-slides-back-below-0-6000-mark/): The NZD/USD pair retreats following an Asian session uptick to the 0.6020-0.6025 area, or over a two-week high, and for now, seems to have snapped a three-day winning streak. Spot prices slide back below the 0.6000 psychological mark, hitting a fresh daily low in the last hour amid a combination of negative factors. The global … - [USD/CAD advances to near 1.3800 despite improved risk sentiment, Fed decision awaited](https://todaymarkets.ae/usd-cad-advances-to-near-1-3800-despite-improved-risk-sentiment-fed-decision-awaited/): USD/CAD is recovering its losses registered in the previous session, trading around 1.3790 during the Asian hours on Wednesday. The US Dollar (USD) is gaining strength as investors adopt a cautious stance ahead of the Federal Reserve’s (Fed) interest rate decision due later in the North American session. While the Fed is widely expected to leave rates unchanged, market focus remains … - [USD/INR faces headwinds despite India-Pakistan tensions, RBI's intervention seems possible](https://todaymarkets.ae/usd-inr-faces-headwinds-despite-india-pakistan-tensions-rbis-intervention-seems-possible/): The Indian Rupee (INR) gains ground during Wednesday’s Asian trading session. The USD/INR pair depreciates as the INR gains ground despite rising geopolitical tensions between Indian and Pakistan. Dhiraj Nim, a currency expert at ANZ Bank, stated that the Reserve Bank of India (RBI) may take strong intervention measures today if market conditions turn highly volatile. India … - [Mild US Temps Curb Nat-Gas Demand and Undercut Prices](https://todaymarkets.ae/mild-us-temps-curb-nat-gas-demand-and-undercut-prices/): June Nymex natural gas (NGM25) on Tuesday closed down by -0.087 (-2.45%). June nat-gas prices settled moderately lower on Tuesday.  Nat-gas prices are under pressure as forecasts for mild temperatures across most of the US reduce demand for natural gas for running heat or air conditioning and allow inventories to rebuild. Last month, nat-has prices … - [Crude Prices Rally as Oversupply Fears Recede](https://todaymarkets.ae/crude-prices-rally-as-oversupply-fears-recede/): June WTI crude oil (CLM25) Tuesday closed up +1.96 (+3.43%), and June RBOB gasoline (RBM25) closed up +0.0417 (+2.06%). Crude oil and gasoline prices settled sharply higher on Tuesday.  Tuesday’s weaker dollar is bullish for energy prices.  Also, short covering emerged to push crude prices higher Tuesday on concern that US crude production is set … - [Arabica Coffee Settles Higher on Slack Brazil Rains](https://todaymarkets.ae/arabica-coffee-settles-higher-on-slack-brazil-rains/): July arabica coffee (KCN25) Tuesday closed up +1.60 (+0.41%), and July ICE robusta coffee (RMN25) closed down -35 (-0.66%). Coffee prices on Tuesday settled mixed.  Arabica coffee moved higher Tuesday on carryover support today from Monday on signs of lackluster rainfall in Brazil.  Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing area of … - [Cocoa Prices Sharply Higher as Dollar Weakness Spurs Short Covering](https://todaymarkets.ae/cocoa-prices-sharply-higher-as-dollar-weakness-spurs-short-covering/): July ICE NY cocoa (CCN25) Tuesday closed up +407 (+4.78%), and July ICE London cocoa #7 (CAN25) closed up +124 (+1.96%). Cocoa prices rallied sharply Tuesday as a decline in the dollar index (DXY00) prompted short covering in cocoa futures.   Signs that improved weather conditions in West Africa have benefited the cocoa crops in … - [NY Sugar Gives Up Early Gains as the Brazilian Real Falls](https://todaymarkets.ae/ny-sugar-gives-up-early-gains-as-the-brazilian-real-falls/): July NY world sugar #11 (SBN25) Tuesday closed down -0.03 (-0.17%), and August London ICE white sugar #5 (SWQ25) closed up +4.10 (+0.84%). Sugar prices on Tuesday fell from early highs and settled mixed.  Long liquidation in NY sugar futures emerged Tuesday after the Brazilian real (^USDBRL) fell to a 2-week low against the dollar. … - [Cotton Falls Back Lower on Tuesday](https://todaymarkets.ae/cotton-falls-back-lower-on-tuesday/): Cotton futures saw losses of 40 to 60 points across the front months on Tuesday. May expires on Wednesday. Crude oil prices are rallying back, up $1.96/barrel. The US dollar index was down $0.570 to $99.070. Crop Progress data showed 21% of the US cotton crop planted as of 5/4, faster than the 20% average … - [Wheat Bounces on Tuesday](https://todaymarkets.ae/wheat-bounces-on-tuesday/): The wheat complex held onto gains the closing bell on Tuesday. Chicago SRW futures posted 4 to 5 cent gains across the nearbys at the close. Kansas City HRW futures closed with contracts up 4 to 6 cents across most contracts on Tuesday. Minneapolis spring wheat futures were firm, up 1 to 2 cents. Rain … - [Corn Posts Mixed Trade ](https://todaymarkets.ae/corn-posts-mixed-trade/): The corn market closed with nearby contracts 1 to 2 cents higher on Tuesday, with new crop down 1 to 2 cents at the close. The nearby CmdtyView national average Cash Corn price was up 1 ¾ cents at $4.25 1/4.  Crop Progress data from Monday afternoon showed some eastern and central states lagging behind, with IL … - [Soybeans Continue Slide ](https://todaymarkets.ae/soybeans-continue-slide/): Soybeans saw some slight losses on Tuesday, with contracts down 3 to 4 cents in the front months. CmdtyView’s national front month Cash Bean price was down 4 cents at $9.89 3/4. Soymeal futures were steady to down $2.60/ton, with Soy Oil futures down another 3 to 39 points. Soybean planting was pegged at 30% complete as of Sunday per USDA, … - [Commodities - Oil, Natgas, Gold And Cocoa](https://todaymarkets.ae/commodities-oil-natgas-gold-and-cocoa/): Oil Recently, WTI long positions saw a modest rebound, yet prices remain under heavy pressure. Source: Bloomberg Finance LP, XTB U.S. oil inventories remain well below the 5-year average and last year’s levels. However, the market may be near a seasonal inventory peak. Source: Bloomberg Finance LP, XTB Natural Gas The table displays HDD and CDD values and deviations from average and … - [DAX40 Moves Lower After Testing New Highs Meanwhile, Zalonda Jumps on Strong Earnings](https://todaymarkets.ae/dax40-moves-lower-after-testing-new-highs-meanwhile-zalonda-jumps-on-strong-earnings/): European markets are broadly negative today. Poland’s W20 is showing the steepest decline, down 2.47% to 2690.6. Germany’s DE40 has fallen 1.08% to 23212.6, while the pan-European EU50 index dropped 0.64% to 5215.6. France’s FRA40 decreased 0.52% to 7651.4, and both Austria’s AUT20 and the UK’s UK100 declined 0.39% to 4049 and 8594.0 respectively. Italy’s … - [UK Equity Markets on a High Amid Multiple Corporate Announcements](https://todaymarkets.ae/uk-equity-markets-on-a-high-amid-multiple-corporate-announcements/): The focus for UK equity markets this week is domestic, after several corporate announcements overshadowed tariffs, and other international risks. The focus this morning is on BP, the UK oil major. Shell announced at the weekend that it was reviewing the merits of making a bid for BP. The prospect of Shell bidding for BP … - [EUR/USD Gives Back Gains on Euro-Zone Services PMI's](https://todaymarkets.ae/eur-usd-gives-back-gains-on-euro-zone-services-pmis/): 09:45 AM GMT, Italy – PMI Data for April: 09:50 AM GMT, France – PMI Data for April: 09:55 AM GMT, Germany – PMI Data for April: 10:00 AM GMT, Euro Zone – PMI Data for April: April’s PMI data reveals a mixed Eurozone economic picture with notable regional divergence. Italy emerges as the standout performer with strong expansion in both services (52.9) and composite (52.1) indices, while France remains in … - [Oil Rebounds 2% From Two Year Lows](https://todaymarkets.ae/oil-rebounds-2-from-two-year-lows/): Brent Crude oil prices (OIL) are rising over 2% today, rebounding from four-year lows. The recent declines were driven by fears of market oversupply after OPEC countries, including Saudi Arabia, decided over the weekend — for the second consecutive time — to increase production. Today’s upward move likely reflects bargain hunting, as technical indicators suggested … - [XRP downside risks persist as Ripple sunsets eight-year quarterly report](https://todaymarkets.ae/xrp-downside-risks-persist-as-ripple-sunsets-eight-year-quarterly-report/): Ripple (XRP) price is in a slow pullback, trading at $2.11 at the time of writing on Tuesday. Recovery has remained elusive above immediate hurdles, such as the extended descending trendline from January. On the downside, support at $2.00 is crucial and could determine the short-term future of the XRP price.  Meanwhile, Ripple has announced … - [AUD/NZD - Recommendation From Barclays](https://todaymarkets.ae/aud-nzd-recommendation-from-barclays/): Barclays has issued a recommendation for the AUDNZD currency pair. Barclays recommends taking a long position on the pair with the following levels: Entry (market): 1.0995Target: 1.1200Stop: 1.0900 Barclays recommends taking a long position on AUDNZD at the market price with a target of 1.1200 and a Stop Loss at 1.0900. Source: xStation 5 The … - [EUR/USD Moves Lower On Better Than Expected ADP Data](https://todaymarkets.ae/eur-usd-moves-lower-on-better-than-expected-adp-data/): 13:15 PM BST, United States – Employment Data for March: Treasury prices held gains after ADP reported March private-sector employment rose 155,000, above the expected 120,000, rebounding from February’s weather-affected slump. “The March topline number was a good one for the economy,” noted ADP’s chief economist, despite ongoing policy uncertainty. EURUSD drops after better than expected employment data. The … - [ADP, NFP And Market Edginess](https://todaymarkets.ae/adp-nfp-and-market-edginess/): Today at 1:15 PM (GMT), we will receive the first US private labor market report for March – the ADP employment data – ahead of Friday’s official NFP release. Bloomberg consensus expects a moderate increase of around 120,000 new jobs, indicating an improvement from February’s 77,000, which marked the lowest reading since July 2024. Expectations … - [It's All About The Tariff's](https://todaymarkets.ae/its-all-about-the-tariffs/): Investors have been waiting for the announcement of Trump’s reciprocal tariffs, and today it will arrive. The President is set to announce the tariff arrangement at 22:00 GMT, after US stock markets have closed. European stocks are lower today, however Japan’s Nikkei eked out a gain. US stock market futures are also pointing to a … - [Trade of The Day CT - Cotton](https://todaymarkets.ae/trade-of-the-day-ct-cotton/): Facts:Cotton broke above the downward channelThe commodity invalidated 1:1 structure Recommendation: Trade: Long position on COTTON at market priceTarget: 71.75, 73.40Stop: 65.80 Opinion: Looking at the Cotton chart on D1 interval, it looks like there is a chance to recover from a recent downward move. According to the Overbalance methodology, the price broke above the upper … - [Chart of The Day - Gold - XAU](https://todaymarkets.ae/chart-of-the-day-gold-xau/): Gold is gaining 0.60% today, eliminating yesterday’s losses and once again surpassing the level of 3130 USD per ounce. The rise is, of course, driven by record market uncertainty as the moment of the U.S. tariff announcement approaches. The main factor driving recent gold gains is the growing uncertainty in global markets, largely fueled by … - [The VIX Looks to The Upside Amid Tariff Uncertainty](https://todaymarkets.ae/the-vix-looks-to-the-upside-amid-tariff-uncertainty/): The futures on CBOE Volatility Index (VIX) gain 1.1%  today, rising above 21 as uncertainty around today Donald Trump tariffs anonucmenet (so-called Liberation Day) increases hedging demand on Wall Street. Despite that fact, sentiment suggests further risk-off behavior on Wall Street, and even that option may not be enough to support the indices. VIX volatility … - [European Stocks Broadly Negative Amid U.S. Tariff Announcement](https://todaymarkets.ae/european-stocks-broadly-negative-amid-u-s-tariff-announcement/): European markets are broadly negative as investors await President Trump’s tariff announcement. The volatility gauge VSTOXX rose 1.00% to 20.13, with Spain’s SPA35 the only other gainer, up 0.39% to 13279. Germany’s DE40 led declines (-0.77% to 22553.6), followed by Italy’s ITA40 (-0.59% to 37549) and France’s FRA40 (-0.42% to 7854.2). The EU50 fell -0.40% to … - [Economic Calendar - Markets Pause in Anticipation of U.S. Tariff Announcement](https://todaymarkets.ae/economic-calendar-markets-pause-in-anticipation-of-u-s-tariff-announcement/): Today we will learn the long-awaited list of tariff rates set by the Trump administration at 20:00 GMT. Earlier, the first labor market report for March, ADP, and durable goods orders will be published. In recent weeks, financial markets have been practically dictated by new announcements regarding U.S. tariff rate levels. Today, we are expected … - [Let's Catch up - Market Update](https://todaymarkets.ae/lets-catch-up-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [GBP/USD flat lines above 1.2900 mark as traders await Trump’s tariffs announcement](https://todaymarkets.ae/gbp-usd-flat-lines-above-1-2900-mark-as-traders-await-trumps-tariffs-announcement/): The GBP/USD pair struggles to capitalize on the overnight bounce from the vicinity of the 1.2870 support zone, or a multi-week low touched last Thursday, and oscillates in a narrow band during the Asian session on Wednesday. Spot prices currently trade around the 1.2915-1.2920 region, nearly unchanged for the day, as traders keenly await US … - [USD/CAD Holds above 1.4300, 100-day SMA pivotal support ahead of Trump’s tariffs](https://todaymarkets.ae/usd-cad-holds-above-1-4300-100-day-sma-pivotal-support-ahead-of-trumps-tariffs/): The USD/CAD pair reverses an Asian session dip to sub-1.4300 levels or a fresh weekly low touched during the Asian session on Wednesday, and for now, seems to have stalled the overnight pullback from the 1.4415 area, or a nearly three-week high. Spot prices, however, lack follow-through buying as traders opt to wait on the sidelines … - [Nat-Gas Prices Sink on Forecasts for Warmer US Temps](https://todaymarkets.ae/nat-gas-prices-sink-on-forecasts-for-warmer-us-temps/): May Nymex natural gas (NGK25) on Tuesday closed down -0.168 (-4.08%). May nat-gas prices retreated Tuesday after US weather forecasts trended warmer for the first half of April, which will reduce heating demand for nat-gas.  NatGasWeather.com said Tuesday that forecasts shifted to above-normal temperatures in the western, central, and southern US for April 6-13.   … - [Cotton Rallied Higher on Tuesday](https://todaymarkets.ae/cotton-rallied-higher-on-tuesday/): Cotton futures posted 89 to 142 point gains across most nearby contracts on Tuesday. Futures shrugged off negative outside factors. Crude oil futures were back down 34 cents/barrel, as the US dollar index was $0.032 higher on the day.  The monthly NASS Cotton Systems report showed 257 RB of extra long stable cotton consumed during February, … - [Sugar Prices Supported by Strength in the Brazilian Real](https://todaymarkets.ae/sugar-prices-supported-by-strength-in-the-brazilian-real/): May NY world sugar #11 (SBK25) Tuesday closed up +0.49 (+2.60%), and May London ICE white sugar #5 (SWK25) closed up +11.00 (+2.06%). Sugar prices posted sharp gains Tuesday as short-covering emerged in sugar futures after the Brazilian real (^USDBRL) rose to a 1-1/2 week high against the dollar.  The stronger real discourages export selling … - [Cocoa Prices Close Sharply Higher as Ivory Coast Cocoa Exports Slow](https://todaymarkets.ae/cocoa-prices-close-sharply-higher-as-ivory-coast-cocoa-exports-slow/): May ICE NY cocoa (CCK25) Tuesday closed up +275 (+3.48%), and May ICE London cocoa #7 (CAK25) closed up +103 (+1.66%). Cocoa prices rallied Tuesday after news that Ivory Coast cocoa exports slowed.  Tuesday’s government data showed that Ivory Coast farmers shipped 1.44 MMT of cocoa to ports this marketing year from October 1 to … - [Coffee Prices Settle Higher on Supply Concerns](https://todaymarkets.ae/coffee-prices-settle-higher-on-supply-concerns/): May arabica coffee (KCK25) Tuesday closed up +9.30 (+2.45%), and May ICE robusta coffee (RMK25) closed up +103 (+1.95%). Coffee prices on Tuesday recovered from 2-month lows and closed higher.  Short-covering emerged in coffee futures Tuesday due to weather concerns in Brazil after Somar Meteorologia forecasted limited rainfall in Brazil’s coffee-growing regions over the next … - [XAG/USD jumps above $33.50 amid looming Trump tariff](https://todaymarkets.ae/xag-usd-jumps-above-33-50-amid-looming-trump-tariff/): The Silver price (XAG/USD) attracts some buyers to around $33.85 during the early European session on Wednesday. The concerns over US President Donald Trump’s tariff plans widening the global trade war and triggering an economic slowdown boost the safe-haven flows, supporting the Silver price. Investors brace for US President Donald Trump’s announcement of reciprocal tariffs later on Wednesday.  … - [XAU/USD price remains close to record high amid concerns over Trump’s reciprocal tariffs](https://todaymarkets.ae/xau-usd-price-remains-close-to-record-high-amid-concerns-over-trumps-reciprocal-tariffs/): Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Wednesday and stalls the previous day’s modest retracement slide from a fresh record high. Investors continue to take refuge in traditional safe-haven assets amid the uncertainty over US President Donald Trump’s so-called reciprocal tariffs and their impact on the global economy. Moreover, geopolitical tensions act … - [EUR/USD consolidates as traders holder their breath ahead of tariffs](https://todaymarkets.ae/eur-usd-consolidates-as-traders-holder-their-breath-ahead-of-tariffs/): EUR/USD stuck to familiar levels on Tuesday, churning chart paper close to the 1.0800 handle as investors brace for US President Donald Trump’s long-threatened “reciprocal” tariffs package, due to be announced on Wednesday at 1900 GMT (4 pm EST). The exact details of President Trump’s ever-changing tariff proposals remain cloudy at best, and are due to … - [WTI remains capped below $71.00 as Trump’s tariffs loom](https://todaymarkets.ae/wti-remains-capped-below-71-00-as-trumps-tariffs-loom/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.95 during the early Asian session on Tuesday. The WTI price edges higher amid supply worries after US President Donald Trump threatened Russia with oil tariffs. However, the upside for the black gold might be limited as traders braced for reciprocal tariffs that Trump is set to announce on … - [AUD/USD holds steady below 0.6300 as Trump prepares to unveil reciprocal tariffs](https://todaymarkets.ae/aud-usd-holds-steady-below-0-6300-as-trump-prepares-to-unveil-reciprocal-tariffs/): The AUD/USD pair trades on a flat note near 0.6275 during the early Asian session on Wednesday. The markets turn cautious ahead of US President Donald Trump’s announcement of reciprocal tariffs. Also, the US March ADP Employment Change will be published.  Trump is set to implement tariffs on US trading partners on Wednesday, potentially adding more tariffs on … - [JPY bears seem reluctant to place aggressive bets; USD/JPY remains below 150.00](https://todaymarkets.ae/jpy-bears-seem-reluctant-to-place-aggressive-bets-usd-jpy-remains-below-150-00/): The Japanese Yen (JPY) remains on the back foot against its American counterpart through the Asian session on Wednesday on the back of worries about the potential economic fallout from US President Donald Trump’s trade tariffs. Apart from this, a generally positive tone around the equity markets is seen undermining the safe-haven JPY. Traders, however, … - [NZD/USD advances to fresh weekly top, around 0.5720-0.5725 region](https://todaymarkets.ae/nzd-usd-advances-to-fresh-weekly-top-around-0-5720-0-5725-region/): The NZD/USD pair gains strong follow-through positive traction for the second straight day and climbs to a fresh weekly high, around the 0.5720-0.5725 region during the Asian session on Wednesday.  A generally positive tone around the equity markets, along with the optimism over China’s economy, turns out to be key factors benefiting antipodean currencies, including … - [USD/INR rises as Trump’s “Liberation Day” looms](https://todaymarkets.ae/usd-inr-rises-as-trumps-liberation-day-looms/): The Indian Rupee (INR) softens on Wednesday. The local currency retreats after logging its best monthly rise in over six years, driven by a weaker Greenback and renewed foreign inflows into equities. Analysts expect the INR’s near-term outlook to depend on US President Donald Trump’s anticipated reciprocal tariff on major trading partners, set on Wednesday. Traders will assess how … - [USD/CAD Lower on Weak ISM And Canadian PMs Remarks](https://todaymarkets.ae/usd-cad-lower-on-weak-ism-and-canadian-pms-remarks/): The mounting pressure on the Canadian dollar ahead of “Liberation Day” has sharply eased following the ISM data indicating a slowdown in the U.S. industrial sector (USDCAD: -0.5%). According to the latest ISM report, the U.S. industrial expansion of the past two months has stalled. Various sectors are reporting a significant decline in orders from … - [Trade of The Day - AUD/USD](https://todaymarkets.ae/trade-of-the-day-aud-usd-3/): Facts:The pair bounced off the key resistance area near 0.6260Mid – term trend remains downwardHead and shoulders formation can be spotted on the chart Recommendation: Trade: Short position on AUDUSD at market priceTarget: 0.6200, 0.6138Stop: 0.6280 Opinion: Looking at AUDUSD on the H4 interval, one can spot head and shoulders pattern, which often heralds a downward … - [Wall Street Pressured by Weak Manufacturing ISM And Jolts Data](https://todaymarkets.ae/wall-street-pressured-by-weak-manufacturing-ism-and-jolts-data/): Sentiments on Wall Street are weak again today, as investors fear the tariffs, weaker than expected economic data and rising price unstability, signalled by March ISM manufacturing data. The weakest index today is US2000 which slides more than 1.2%, as US low-caps remain more fragile to US stagflation/recession fears. Source: xStation5 US100 failed to rebound above key … - [VIX Gains 1.8% Ahead of U.S Flash Manufacturing ISM And Jolts Report](https://todaymarkets.ae/vix-gains-1-8-ahead-of-u-s-flash-manufacturing-ism-and-jolts-report/): The futures on CBOE Volatility Index (VIX) gains more than 2% today, ahead of key US macro reading of the day, which is the ISM Manufacturing report for March, scheduled at 3 PM GMT. The S&P 500  finished the Q1 2025 down 4.6%, with the worst first quarter of a year since the first quarter … - [Johnson & Johnson Shares Fall as Judge Rejects $10 Billion Talc Settlement](https://todaymarkets.ae/johnson-johnson-shares-fall-as-judge-rejects-10-billion-talc-settlement/): Johnson & Johnson (JNJ.US) shares fell more than 3.5% to $159.60 in premarket trading Tuesday after a U.S. bankruptcy judge rejected the company’s $10 billion proposal to resolve thousands of lawsuits alleging its talc products cause cancer. The ruling marks the third time J&J’s bankruptcy strategy has failed in court. Judge Christopher Lopez determined that … - [European Stocks Throwing Caution to The Wind](https://todaymarkets.ae/european-stocks-throwing-caution-to-the-wind/): General market situation: European shares are gaining relatively strongly during today’s session, as the declines that began after the announcement of customs changes on car imports to the US have been halted. However, investors are now anxiously awaiting tomorrow, which is to bring further customs changes, the so-called “Liberation Day”. The German DAX is currently … - [Let's Talk U.S. Reciprocal Tariffs](https://todaymarkets.ae/lets-talk-u-s-reciprocal-tariffs/): How will they impact financial markets? On April 2nd reciprocal tariffs from the US will finally be announced. Ahead of what President Trump calls ‘Liberation Day’, stock markets have slumped, and investors have rushed into haven assets like gold. Initially reciprocal tariffs were viewed as equalizing tariffs: the US would impose a levy on imports from … - [Eurozone Core CPI Flash And Unemployment Rate Slightly Below Expectations](https://todaymarkets.ae/eurozone-core-cpi-flash-and-unemployment-rate-slightly-below-expectations/): Eurozone flash CPI (March) came in 2.2% vs 2.2% exp. and 2.3% previously Eurozone flash Core CPI came in 2.4% vs 2.5% exp. and 2.6% previously Eurozone unemployment rate came in at 6.1% vs 6.2% exp. and 6.2% previously The EURUSD pair slides 0.16% today, however the pair rebounded slightly after The Washington Post reported that the … - [Positive Sentiment on Wall Street While Bitcoin Gains 2%](https://todaymarkets.ae/positive-sentiment-on-wall-street-while-bitcoin-gains-2/): Cryptocurrencies gain as indices on Wall Street try to halt the sell-off, with Bitcoin up nearly 2% today, and rising above $84k level. Nasdaq futures (US100) gains 0.4% today, while VIX drops 0.3% falling cumulative almost 8% from Monday highs. Microstrategy (MSTR.US) informed about buying 22,082 Bitcoins for almost $1,8 billion. Currenty the company hold … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd/): The Bank of Australia has decided to keep interest rates on hold at 4.1%, as expected, and the RBA has also maintained its status quo in its statement. The key detail is that bankers confirm that monetary policy remains tight and acknowledge that risks to the inflation outlook are still bilateral. However, this does not … - [Euro Moves Higher Despite Lower Eurozone CPI Reading](https://todaymarkets.ae/euro-moves-higher-despite-lower-eurozone-cpi-reading/): Eurozone CPI (Y/Y) Mar P: 2.2% (est 2.2%; prev 2.3%) – CPI (M/M): 0.6% (est 0.6%; prev 0.4%) – Core CPI (Y/Y): 2.4% (est 2.5%; prev 2.6%) The euro is resuming an upward momentum despite a lower core inflation reading, which is a dovish element in relation to possible further ECB decisions. Source: xStation  The … - [Feds Barkin And Williams Comments on The State of The U.S Economy](https://todaymarkets.ae/feds-barkin-and-williams-comments-on-the-state-of-the-u-s-economy/): Yesterday, Federal Reserve members Thomas Barkin and John Williams commented on the state of the U.S. economy. Below is a summary of their remarks. Williams (Federal Reserve) Barkin (Federal Reserve) USD Index (Daily Chart) Donald Trump is set to announce a new tariff plan on April 2nd in the White House Rose Garden. Source: xStation5 … - [To Buy or to Sell, That is The Question](https://todaymarkets.ae/to-buy-or-to-sell-that-is-the-question/): We live in an era of turbulence in financial markets—pandemics, military conflicts, political uncertainty, the looming U.S. debt crisis, and rapidly shifting global economic policies are all pushing investors to seek ways to protect their capital while still aiming for returns—even under challenging conditions. It’s fair to say that during times of uncertainty, the number … - [EUR Under Pressure Amid Weak PMI Data From Eurozone](https://todaymarkets.ae/eur-under-pressure-amid-weak-pmi-data-from-eurozone/): Key PMI March headlines: Weak final PMI data for European industry. Data below 50, which indicates continued difficulties for the sector, and the final readings themselves are also worse than expected. Slightly dovish data for the Euro, so it is worth keeping a close eye on possible changes in the 1.08 zone, which is currently … - [European Markets Bounce Despit Tariff Risks](https://todaymarkets.ae/european-markets-bounce-despit-tariff-risks/): What a difference a day makes, European stocks have bounced at the start of the new quarter and indices are a sea of green. The Eurotosxx 600 index is higher by 1%, eroding some of Monday’s losses. There are some big gains for European auto makers and in the pharma sector, after Astra Zeneca reported … - [Economic Calendar - Manufacturing PMI Data in Focus](https://todaymarkets.ae/economic-calendar-manufacturing-pmi-data-in-focus/): We are about to start Tuesday’s session in financial markets. Market volatility remains high. The VIX volatility index is currently gaining 1.58%, while gold resumes its bullish trend and breaks out to new highs. Investors react to morning news from Asia, in particular the details of the RBA’s rate decision and macro data from Japan. … - [EUR/USD holds positive ground above 1.0800, eyes on Eurozone inflation data, ECB’s Lagarde speech](https://todaymarkets.ae/eur-usd-holds-positive-ground-above-1-0800-eyes-on-eurozone-inflation-data-ecbs-lagarde-speech/): The EUR/USD pair gains momentum to around 1.0815 during the early European session on Tuesday. The Greenback weakens as the markets await clarity on reciprocal tariffs from US President Donald Trump on Wednesday.  Trump said late Monday that his reciprocal tariffs plan will target all other countries when it is unveiled Wednesday, adding more uncertainty to the much-anticipated … - [PEPE could rally to double digits if it breaks above its key resistance level](https://todaymarkets.ae/pepe-could-rally-to-double-digits-if-it-breaks-above-its-key-resistance-level/): Pepe (PEPE) memecoin approaches its descending trendline, trading around $0.000007 on Tuesday; a breakout indicates a bullish move ahead. Moreover, PEPE’s long-to-short ratio supports a bullish thesis as bullish bets among the traders reach the highest over a month, aiming for double-digit gains on the horizon. Pepe price could rally if it closes above its … - [Coin Bureau CEO says BTC could repeat 360% breakout pattern from 2017](https://todaymarkets.ae/coin-bureau-ceo-says-btc-could-repeat-360-breakout-pattern-from-2017/): Bitcoin price stabilized at the $83,400 mark on Monday, down 2% from the March opening price of $84,430. After posting 18% losses in February, BTC is on course to end March in red with another 2% haircut. Citing historical trends and critical on-chain data trends among US investors, CoinBureau CEO and ex-Goldman Sachs analyst Nic Puckrin … - [BlackRock CEO warns Bitcoin could replace US Dollar as global reserve currency, crypto ETFs witness inflows](https://todaymarkets.ae/blackrock-ceo-warns-bitcoin-could-replace-us-dollar-as-global-reserve-currency-crypto-etfs-witness-inflows/): In an annual letter to investors, BlackRock CEO Larry Fink shared concerns on the increasing US national debt’s effect on the Dollar’s global reserve status. Fink emphasized strong support for digital assets, maintaining that it is an extraordinary innovation. However, he noted that digital assets such as Bitcoin could offset America’s economic advantage if investors … - [Ethereum - Short-term holders spark $400 million in realized losses, staking flows surge](https://todaymarkets.ae/ethereum-short-term-holders-spark-400-million-in-realized-losses-staking-flows-surge/): Ethereum price today: $1,820 Ethereum (ETH) bounced off the $1,800 support on Monday following increased selling pressure from short-term holders (STHs) and tensions surrounding President Donald Trump’s reciprocal tariff kick-off on April 2. While the near-term outlook suggests caution, declining ETH exchange reserves and rising staking balance could help keep prices afloat. Ethereum STHs trigger $400 million … - [Today Markets Update](https://todaymarkets.ae/today-markets-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD holds steady above $34.00, seems poised to climb further](https://todaymarkets.ae/xag-usd-holds-steady-above-34-00-seems-poised-to-climb-further/): Silver (XAG/USD) oscillates in a narrow trading band following the previous day’s good two-way price moves, though it holds above the $34.00 mark through the Asian session on Tuesday. Moreover, the white metal remains close to a multi-month high, around the $34.60 area touched last Friday. Looking at the broader picture, the recent strong positive … - [XAU/USD extends bullish trend amid rising trade tensions; fresh record high and counting](https://todaymarkets.ae/xau-usd-extends-bullish-trend-amid-rising-trade-tensions-fresh-record-high-and-counting/): Gold price (XAU/USD) retains its bullish bias for the fourth successive day and continues to scale new record high during the Asian session on Tuesday. The uncertainty surrounding US President Donald Trump’s impending reciprocal tariffs announcement later today, and their impact on the global economy continue to drive safe-haven flows towards the precious metal. Adding … - [AUD rises as RBA’s Bullock says board did not discuss a rate cut](https://todaymarkets.ae/aud-rises-as-rbas-bullock-says-board-did-not-discuss-a-rate-cut/): The Australian Dollar (AUD) gains traction on Tuesday. As widely expected, the Reserve Bank of Australia (RBA) kept the Official Cash Rate (OCR) on hold at 4.10% following the conclusion of its April policy meeting. The Aussie attracts some buyers following the interest rate decision. The RBA’s monetary policy statement indicated that the board is concerned and … - [NZD/USD holds steady around 0.5675-80 area, above multi-week low ahead of Trump’s tariffs](https://todaymarkets.ae/nzd-usd-holds-steady-around-0-5675-80-area-above-multi-week-low-ahead-of-trumps-tariffs/): The NZD/USD pair struggles to capitalize on the previous day’s modest bounce from the 0.5650-0.5645 region or a nearly four-week low and oscillates in a narrow band during the Asian session on Tuesday. Spot prices currently trade around the 0.5675-0.5680 area, nearly unchanged for the day amid mixed fundamental cues. Asian stocks tracked overnight gains on … - [Bullock Speech: RBA Governor speaks on policy outlook after holding interest rate](https://todaymarkets.ae/bullock-speech-rba-governor-speaks-on-policy-outlook-after-holding-interest-rate/): Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at the press conference, explaining the reason behind maintaining the interest rate at 4.1% in the April policy meeting. Bullock is taking questions from the press as part of a new reporting format introduced by the central bank this year. Key quotes from the RBA … - [JPY remains on the front foot against USD; lacks follow-through buying](https://todaymarkets.ae/jpy-remains-on-the-front-foot-against-usd-lacks-follow-through-buying/): The Japanese Yen (JPY) trades with a mild positive bias against its American counterpart through the Asian session on Tuesday, though it lacks bullish conviction. The Bank of Japan’s (BoJ) Tankan survey released today showed that Japanese enterprises raised their inflation forecasts for one year, three years, and five years ahead. This comes on strong … - [Crude Touches Five-Week Highs Following Trump’s Iran and Russian Oil Threats](https://todaymarkets.ae/crude-touches-five-week-highs-following-trumps-iran-and-russian-oil-threats/): The May WTI (CLK25) contract settled at 71.48 (+2.12) [+3.06%], high of 71.83, low of 68.81. Spot price is 69.34 (-0.56), open interest for CLK25 is 3. CLK25 settled above its 5 day (69.86), above its 20 day (67.72), above its 50 day (69.89), above its 100 day (69.74), above its 200 day (70.46) and above its year-to … - [Cotton Closes Lower on Monday](https://todaymarkets.ae/cotton-closes-lower-on-monday/): Cotton futures got a pop higher into the close, as contracts were down 7 to 18 points in most contracts, well off the intraday lows. Crude oil futures were up $2.04/barrel, as the US dollar index is $0.130 higher on the day.  USDA’s Prospective Planting report tallied a total of 9.867 million cotton acres intended for … - [Rain in Brazil Pressures Sugar Prices](https://todaymarkets.ae/rain-in-brazil-pressures-sugar-prices/): May NY world sugar #11 (SBK25) Monday closed down -0.10 (-0.52%), and May London ICE white sugar #5 (SWK25) closed down -0.80 (-0.15%). Sugar prices on Monday fell to 2-1/2 week lows and posted modest losses.  Sugar was under pressure Monday after Meteorologist Climatempo reported above-average rainfall for Brazil over the past week, benefiting the … - [Dollar Strength Undercuts Cocoa Prices](https://todaymarkets.ae/dollar-strength-undercuts-cocoa-prices/): May ICE NY cocoa (CCK25) Monday closed down -140 (-1.74%), and May ICE London cocoa #7 (CAK25) closed down -61 (-0.97%). Cocoa prices fell on Monday due to a stronger dollar.  Cocoa prices have been on the defensive over the past seven weeks and fell to 4-1/2 month lows on March 21 on an improving … - [Cocoa Prices Pressured as Supply Concerns Ease](https://todaymarkets.ae/cocoa-prices-pressured-as-supply-concerns-ease/): May ICE NY cocoa (CCK25) today is down -76 (-0.95%), and May ICE London cocoa #7 (CAK25) is down -49 (-0.78%). Cocoa prices today are moderately lower, weighed down by a stronger dollar.  Cocoa prices have been on the defensive over the past seven weeks and fell to 4-1/2 month lows on March 21 on … - [Coffee Prices Slip on Brazil Rains](https://todaymarkets.ae/coffee-prices-slip-on-brazil-rains/): May arabica coffee (KCK25) Monday closed down -0.20 (-0.05%), and May ICE robusta coffee (RMK25) closed down -68 (-1.27%). Coffee prices on Monday settled lower.  Coffee prices have been the defensive over the past week, with arabica falling to a 1-month nearest-futures low last Thursday and robusta dropping to a 2-1/4 month nearest-futures low.  Coffee … - [AUD/JPY flat lines around 93.70, moves little after RBA decides to leave rates unchanged](https://todaymarkets.ae/aud-jpy-flat-lines-around-93-70-moves-little-after-rba-decides-to-leave-rates-unchanged/): The AUD/JPY cross struggles to capitalize on the previous day’s modest bounce from the 93.00 neighborhood, or over a two-week low, and oscillates in a range during the Asian session on Tuesday. Spot prices hold steady around the 93.70 region and move little after the Reserve Bank of Australia (RBA) announced its policy decision. As … - [USD/INR gathers strength on global trade concerns, US PMI data looms](https://todaymarkets.ae/usd-inr-gathers-strength-on-global-trade-concerns-us-pmi-data-looms/): The Indian Rupee (INR) softens on Tuesday, pressured by renewed US Dollar (USD) demand. Traders grow risk-averse ahead of US trade tariffs expected to be unveiled on Wednesday, which weighs on the local currency. Additionally, a rise in crude oil prices contributes to the INR’s downside as India is the world’s third-largest oil consumer.    On the other … - [Breaking: RBA keeps interest rate on hold at 4.1% as expected](https://todaymarkets.ae/breaking-rba-keeps-interest-rate-on-hold-at-4-1-as-expected/): The Reserve Bank of Australia (RBA) announced on Tuesday that it left the Official Cash Rate (OCR) unchanged at 4.1% after concluding its April monetary policy meeting. The decision aligned with the market expectations. Summary of the RBA monetary policy statement The outlook remains uncertain. Underlying inflation is moderating. Sustainably returning inflation to target is the … - [China's Caixin Manufacturing PMI climbs to 51.2 in March vs. 51.1 expected](https://todaymarkets.ae/chinas-caixin-manufacturing-pmi-climbs-to-51-2-in-march-vs-51-1-expected/): China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) rose to 51.2 in March from 50.8 in February, according to the latest data released on Tuesday. The markets were expecting a 51.1 print in the reported month. Key highlights (via Caixin) “New orders growth supported by quickest rise in exports since last April.” “Employment expands for the … - [Nvidia-backed CoreWeave Struggles After IPO](https://todaymarkets.ae/nvidia-backed-coreweave-struggles-after-ipo/): Nvidia-backed AI cloud provider CoreWeave saw its stock fall nearly 8% to $36.90 on Monday, its second day of trading, signaling cooling investor sentiment toward AI infrastructure investments. The company’s Nasdaq debut, which had been closely watched as a barometer for tech IPOs, fell significantly short of initial expectations. IPO Underwhelms Despite NVIDIA Support CoreWeave’s … - [NZD/USD Recommendation From Credit Argicole](https://todaymarkets.ae/nzd-usd-recommendation-from-credit-argicole/): Credit Agricole has issued a recommendation for the NZDUSD currency pair. Credit Agricole recommends taking a long position on the pair with the following levels: Credit Agricole recommends taking a long position on NZDUSD at the market price with a target of 0.5833 and a Stop Loss order at 0.5550. Source: xStation5 ​ The material … - [Dallas Index For January Much Lower Than Expected](https://todaymarkets.ae/dallas-index-for-january-much-lower-than-expected/): 03:30 PM BST, United States – Dallas Fed Mfg Business Index for March: There is little to no reaction on EURUSD to the data. The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including … - [EUR/USD Lower as German inflation cools down in March](https://todaymarkets.ae/eur-usd-lower-as-german-inflation-cools-down-in-march/): EUR/USD ticks lower to near 1.0800 in Monday’s North American session after the release of the soft preliminary German Harmonized Index of Consumer Prices (HICP) data. In 12 months to March, the HICP rose at a slower pace of 2.3% compared to estimates of 2.4% and the prior release of 2.6%. Month-on-month HICP grew at a moderate pace of … - [NZD/USD plunges to near 0.5660 as US Trump tariffs loom large](https://todaymarkets.ae/nzd-usd-plunges-to-near-0-5660-as-us-trump-tariffs-loom-large/): The NZD/USD pair is down almost 1% to near 0.5660 during North American trading hours on Monday. The Kiwi pair plunges as the appeal of antipodeans has slumped, given their strong trade relations with China. The New Zealand Dollar (NZD) plummeted as investors rushed to a safe haven ahead of the so-called “Liberation Day” on Wednesday, when … - [GBP/USD dips as trade war tensions mount ahead of US tariff Liberation Day](https://todaymarkets.ae/gbp-usd-dips-as-trade-war-tensions-mount-ahead-of-us-tariff-liberation-day/): The Pound Sterling (GBP) loses ground versus the US Dollar (USD) as US Liberation Day approaches on Wednesday, when President Donald Trump is expected to announce additional tariffs to the ones already enacted since March 2. At the time of writing, GBP/USD trades at 1.2911, down 0.17%. GBP/USD falls to 1.2911 as risk sentiment sours, DXY climbs and … - [US100 Falls 1.6% to New Local Lows](https://todaymarkets.ae/us100-falls-1-6-to-new-local-lows/): Selling pressure accelerates on Wall Street ahead of the upcoming “Liberation Day” 📌 Markets are starting the week in a very nervous mood. Thirty minutes into trading on Wall Street, major US indices are down around 1.1% (S&P500) and 2.2% (Nasdaq). Once again, falling tech stocks from the semiconductor/AI sector are largely driving the declines. … - [The S&P 500 Falls Into Correction Territory](https://todaymarkets.ae/the-sp-500-falls-into-correction-territory/): There is an air of capitulation in  financial markets ahead of the April 2nd reciprocal tariff announcement from the US. Global stocks are all in the red, the Eurostoxx 50 index is down by 1.7%, and all sectors are in the red. The biggest decline is for industrial stocks and consumer discretionary, followed by the financial … - [Indicies Drop as Trump's Liberation Day Approaches](https://todaymarkets.ae/indicies-drop-as-trumps-liberation-day-approaches/): Major US index futures are showing steep declines. The S&P 500 (US500) is down -0.85% to 5554.7, while the Dow (US30) is down -0.28% to 41595. Nasdaq futures (US100) are showing a significant decline of -1.52% to 19066.70, and the Russell 2000 (US2000) is down -1.34% to 2000.9. The VIX volatility index is up +4.15% … - [Chicago PMI Reading Higher Than Expected](https://todaymarkets.ae/chicago-pmi-reading-higher-than-expected/): 02:45 PM GMT BST, United States – PMI Data for March: EURUSD slightly dips after higher than expected PMI reading. The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical … - [Trade of The Day - TNOTE](https://todaymarkets.ae/trade-of-the-day-tnote/): Facts:  Recommendation:  Source: xStation5 Opinion:  The U.S. economic data released on Friday intensified stagflation concerns. The core PCE index, the Fed’s preferred inflation measure, rose above expectations (+2.8% YoY, +0.4% MoM), while consumer sentiment, according to the University of Michigan (US Michigan Consumer Sentiment), fell for the third consecutive month to levels seen during the … - [German CPI in Line With Expectations](https://todaymarkets.ae/german-cpi-in-line-with-expectations-2/): 13:00 PM BST, Germany – Inflation Data for March: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [DAX40 Below Support](https://todaymarkets.ae/dax40-below-support/): General market situation: European stocks are extending their declines, which began after the announcement of tariff changes on car imports to the US. Investors are now anxiously awaiting April 2, which is expected to bring further tariff changes. Wednesday is to be the so-called “Liberation Day in America”, which President Trump has been talking about … - [USD/CAD Recommendation From MUFG](https://todaymarkets.ae/usd-cad-recommendation-from-mufg/): MUFG has issued a recommendation for the USDCAD currency pair. MUFG recommends taking a long position on the pair with the following levels: MUFG recommends taking a long position on USDCAD at the market price with a target of 1.4750 and a Stop Loss order at 1.4050. Source: xStation 5 The material on this page … - [EUR/USD consolidates as investors await Trump’s reciprocal tariff announcement](https://todaymarkets.ae/eur-usd-consolidates-as-investors-await-trumps-reciprocal-tariff-announcement/): EUR/USD trades sideways around 1.0830 in Monday’s European session. The major currency pair consolidates as the US Dollar (USD) falls for the third trading day in a row ahead of the planned reciprocal tariff announcement by United States (US) President Donald Trump on Wednesday. The US Dollar Index (DXY), which tracks the Greenback’s value against … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-7/): The Japanese yen is leaving the rest of the G10 currencies behind, appreciating nearly 0.5% against the dollar two days before Donald Trump announces a series of reciprocal tariffs. Concerns about U.S. economic growth and uncertainty surrounding the Republican administration are driving capital flows towards the yen, which, after the turbulence of 2024, is regaining its … - [The Today Markets Week Ahead](https://todaymarkets.ae/the-today-markets-week-ahead/): Week Ahead: ‘Liberation Day’ arrives With one trading day left of the quarter, risk sentiment has drained from Asian and European stock markets. The Nikkei closed down 4%, while European indices are a sea of red. The sell off is broad based, with more than 550 of the Eurostoxx 600 stocks lower as investors take … - [USD/CHF extends downside below 0.8800 amid trade war concerns](https://todaymarkets.ae/usd-chf-extends-downside-below-0-8800-amid-trade-war-concerns/): The USD/CHF pair extends the decline to around 0.8790 during the early European session on Monday, pressured by the weaker US Dollar (USD). Traders await on the sidelines ahead of a planned announcement on Wednesday by US President Donald Trump on reciprocal tariffs.  US President Donald Trump said on Sunday that reciprocal tariffs he is set to announce on … - [Economic Calendar - German Inflation And Chicago PMI in Focus](https://todaymarkets.ae/economic-calendar-german-inflation-and-chicago-pmi-in-focus/): The economic calendar for Monday remains light, though we are still ahead of a few key data points for the U.S. and the Eurozone, potentially driving volatility on EURUSD: German HICP and Chicago PMI.  Throughout the night we will also get a set of business sentiment indicators from Japan, Caixin PMIs for China and interest rate decision … - [Tariff fears lift Gold to new record peak](https://todaymarkets.ae/tariff-fears-lift-gold-to-new-record-peak/): Here is what you need to know on Monday, March 31: Gold benefits from safe-haven flows amid growing tariff fears at the beginning of the week and trades at a new all-time high above $3,120. The European economic calendar will feature preliminary March inflation data from Germany. In the second half of the day, markets … - [Asian Markets opened the new week with a sell-off (HSCEI: -1.5%](https://todaymarkets.ae/asian-markets-opened-the-new-week-with-a-sell-off-hscei-1-5/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [German Retail Sales leap 4.9% YoY in February vs. 2.9% previous](https://todaymarkets.ae/german-retail-sales-leap-4-9-yoy-in-february-vs-2-9-previous/): Retail Sales in Germany rose 0.8% month-over-month (MoM) in February, following the 0.2% increase recorded in January, according to official data released by Destatis on Monday. The reading beat the market expectation for a 0% print. On an annual basis, Retail Sales increased by 4.9% in February as against the 2.9% growth reported in January. … - [XAG/USD climbs above $34.00 as Trump’s tariffs boost safe-haven demand](https://todaymarkets.ae/xag-usd-climbs-above-34-00-as-trumps-tariffs-boost-safe-haven-demand/): The Silver price (XAG/USD) attracts some buyers to around $34.35 during the early European session on Monday. Potential trade wars and ongoing geopolitical tensions boost the safe-haven flows, benefitting the white metal.  Traders are worried ahead of a new round of reciprocal levies that the White House is due to announce on Wednesday. Trump said … - [WTI consolidates below $69.00; traders seem non-committed amid mixed cues](https://todaymarkets.ae/wti-consolidates-below-69-00-traders-seem-non-committed-amid-mixed-cues/): West Texas Intermediate (WTI) US Crude Oil prices attract some sellers following an Asian session uptick to mid-$69.00s, albeit the downtick lacks bearish conviction. The commodity currently trades around the $68.80 region, nearly unchanged for the day amid mixed fundamental cues, and remains within striking distance of a multi-week high touched last Wednesday. Concerns that US President … - [NZD/USD weakens to near 0.5700 as Trump’s tariffs loom](https://todaymarkets.ae/nzd-usd-weakens-to-near-0-5700-as-trumps-tariffs-loom/): The NZD/USD pair edges lower to around 0.5705 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) as traders brace for the announcement of US President Donald Trump’s new tariff policy on Wednesday.  Trump is set to announce new “reciprocal” tariffs on Wednesday to tackle perceived … - [Bitcoin, Ethereum, Ripple: BTC, ETH, and XRP decline as President Trump’s team considers “broader and higher tariffs”](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-decline-as-president-trumps-team-considers-broader-and-higher-tariffs/): Bitcoin (BTC) continues its decline, trading below $82,000 on Monday after falling 4.29% the previous week. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and declined by 9.88% and 12.40%, respectively.  According to a Wall Street Journal (WSJ) post on Monday, President Trump’s team is considering “broader and higher tariffs” ahead of Wednesday’s reciprocal tariffs deadline. President Trump reportedly … - [China's March NBS Manufacturing PMI rises to 50.5, Non-Manufacturing PMI jumps to 50.8](https://todaymarkets.ae/chinas-march-nbs-manufacturing-pmi-rises-to-50-5-non-manufacturing-pmi-jumps-to-50-8/): China’s Manufacturing Purchasing Managers’ Index (PMI) edged higher to 50.5 in March from 50.2 in February, the official data released by the National Bureau of Statistics (NBS) showed on Monday. The data aligned with the market forecast of 50.5 in the reported month.  The NBS Non-Manufacturing PMI jumped to 50.8 in March versus February’s 50.4 reading. … - [US President Donald Trump weighs broader, higher tariffs - WSJ](https://todaymarkets.ae/us-president-donald-trump-weighs-broader-higher-tariffs-wsj/): US President Donald Trump’s administration is hurrying to determine the specifics of its new tariff agenda ahead of its self-imposed deadline of Wednesday, considering possibilities after promising to remake the American economy with a slew of new levies, the WSJ citing unnamed sources.  According to people familiar with the discussions, one key point of debate is whether … - [XAU/USD rises to near record high below $3,100 amid global uncertainty](https://todaymarkets.ae/xau-usd-rises-to-near-record-high-below-3100-amid-global-uncertainty/): The Gold price (XAU/USD) gains momentum to around $3,090 during the early Asian session on Monday. The precious metal maintains its uptrend near a record high amid fears of a global trade war triggered by US President Donald Trump’s latest tariffs. Trump last week announced a 25% tariff on imported cars and light trucks set … - [EUR/USD looks to build on recovery from multi-week low; holds steady below mid-1.0800s](https://todaymarkets.ae/eur-usd-looks-to-build-on-recovery-from-multi-week-low-holds-steady-below-mid-1-0800s/): The EUR/USD pair attracts some dip-buyers following an Asian session dip to the 1.0800 neighborhood and looks to build on its bounce from a multi-week low touched last Thursday. The uptick, however, lacks bullish conviction, with spot prices currently trading near the 1.0835 region, unchanged for the day. The US Dollar (USD) remains under some selling … - [GBP/USD attracts some buyers above 1.2950 on weaker US Dollar](https://todaymarkets.ae/gbp-usd-attracts-some-buyers-above-1-2950-on-weaker-us-dollar/): The GBP/USD pair gathers strength to near 1.2965 during the Asian trading hours on Monday. The concerns that US President Donald Trump’s tariffs will ignite inflation and dampen economic growth weigh on the US Dollar (USD) and act as a tailwind for the major pair.  Last week, Trump announced a 25% tariff on imported cars … - [JPY advances to one-week high against USD amid the risk-off mood](https://todaymarkets.ae/jpy-advances-to-one-week-high-against-usd-amid-the-risk-off-mood/): The Japanese Yen (JPY) strengthens against its American counterpart for the second consecutive day on Monday and hits a one-week high during the Asian session on Monday. The global risk sentiment continues to be weighed down by concerns about US President Donald Trump’s so-called reciprocal tariffs on April 2 and geopolitical risks, which turn out … - [AUD rises after mixed Chinese PMI data, RBA rate decision looms](https://todaymarkets.ae/aud-rises-after-mixed-chinese-pmi-data-rba-rate-decision-looms/): The Australian Dollar (AUD) recovers some lost ground on Monday, bolstered by the encouraging Chinese economic data. The latest data released on Monday showed that China’s NBS Manufacturing Purchasing Managers’ Index (PMI) rose to 50.5 in March, compared to 50.2 in February. The reading came in line with the market consensus. Meanwhile, the NBS Non-Manufacturing PMI improved … - [USD/CAD consolidates in a range above 1.4300 mark amid mixed cues](https://todaymarkets.ae/usd-cad-consolidates-in-a-range-above-1-4300-mark-amid-mixed-cues/): The USD/CAD pair struggles to capitalize on its modest bounce from the monthly low touched last Wednesday and kicks off the new week on a subdued note amid mixed cues. Spot prices, however, hold above the 100-day Simple Moving Average (SMA) pivotal support and currently trade around the 1.4300 mark, nearly unchanged for the day. … - [XRP - Weak demand and rising supply could trigger a downtrend](https://todaymarkets.ae/xrp-weak-demand-and-rising-supply-could-trigger-a-downtrend/): Ripple’s XRP is down 7% on Friday following bearish pressure from macroeconomic factors, including United States (US) President Donald Trump’s tariff threats and rising US inflation. The downside pressure could accelerate if XRP’s on-chain activity fails to pick up amid its rising supply. XRP on-chain metrics stay mum as supply spikes XRP — like most … - [XRP, SOL and ETH prices tumble as South Carolina moves to buy up to 1 million BTC](https://todaymarkets.ae/xrp-sol-and-eth-prices-tumble-as-south-carolina-moves-to-buy-up-to-1-million-btc/): Bitcoin market updates:  Crypto market liquidations | March 28 The losses sparked over $449 million in liquidations across the crypto derivatives markets. Altcoin market updates: Trump tariffs trigger market-wide crash  The primary catalyst behind the latest sell-off appears linked to new tariffs announced by US President Donald Trump, amid escalating geopolitical tensions in Europe and adding … - [Hackers accelerate ETH decline following $27 million dump, bearish macroeconomic factors](https://todaymarkets.ae/hackers-accelerate-eth-decline-following-27-million-dump-bearish-macroeconomic-factors/): Ethereum (ETH) declined below $2,000 on Friday following a series of hacks traced to accounts of crypto exchange Coinbase users, which caused a loss of $36 million. The hackers bridged the tokens to Ether through ThorChain and dumped 14,064 ETH, worth $27.5 million. Additionally, the US Bureau of Economic Analysis reported a rise in the … - [Will US stocks outperform Europe this summer?](https://todaymarkets.ae/will-us-stocks-outperform-europe-this-summer/): The environment for risk has taken a step forward this week. First there was the UK trade deal, then China and the US scaling back tariffs, then on Tuesday the US/ Saudi Arabia investment deals that will drive demand for US AI technology. The news flow is incrementally positive, even if the price action is … - [Cattle Post Mixed Trade on Tuesday](https://todaymarkets.ae/cattle-post-mixed-trade-on-tuesday/): Live cattle futures rounded out Tuesday with contracts holding steady, and the nearbys within a nickel of unchanged. Cash trade settled in last week $218-220 in the South, with northern action at $225-228. Feeder cattle futures closed out the Tuesday session with contracts down a nickel to 40 cents. The CME Feeder Cattle Index was … - [Sugar Prices Supported by Strength in Crude Oil and the Brazilian Real](https://todaymarkets.ae/sugar-prices-supported-by-strength-in-crude-oil-and-the-brazilian-real/): July NY world sugar #11 (SBN25) Tuesday closed up +0.52 (+2.94%), and August London ICE white sugar #5 (SWQ25) closed up +14.80 (+2.99%). Sugar prices settled sharply higher on Tuesday, with NY sugar posting a 5-week high and London sugar posting a 2-week high.  Tuesday’s +2% rally in WTI crude oil (CLM25) to a 2-week … - [Cocoa Prices Sharply Higher on Ivory Coast Mid-Crop Concerns](https://todaymarkets.ae/cocoa-prices-sharply-higher-on-ivory-coast-mid-crop-concerns/): July ICE NY cocoa (CCN25) Tuesday closed up +861 (+9.47%), and July ICE London cocoa #7 (CAN25) closed up +421 (+6.33%). Cocoa prices rallied sharply Tuesday and posted 2-1/2 month highs.  Cocoa prices surged on quality concerns regarding the Ivory Coast cocoa mid-crop, which is currently being harvested.  Cocoa processors are complaining about the crop’s … - [Coffee Prices Close Higher on Brazilian Real Strength and Reduced Brazil Coffee Exports](https://todaymarkets.ae/coffee-prices-close-higher-on-brazilian-real-strength-and-reduced-brazil-coffee-exports/): July arabica coffee (KCN25) Tuesday closed up +3.40 (+0.91%), and July ICE robusta coffee (RMN25) closed up +77 (+1.52%). Coffee prices on Tuesday recovered from early losses and settled higher as a rally in the Brazilian real (^USDBRL) to a 5-week high sparked short covering in coffee futures.  The stronger real discourages export selling from … - [EUR/JPY: Bullish outlook remains in play near 164.50](https://todaymarkets.ae/eur-jpy-bullish-outlook-remains-in-play-near-164-50/): The EUR/JPY cross attracts some sellers to around 164.40 during the early European session on Wednesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid the prospects for further policy normalization by the Bank of Japan (BoJ). The German Harmonized Index of Consumer Prices (HICP) data for April will be in the spotlight later on … - [Crude Sharply Higher on Dollar Weakness and Additional US Sanctions on Iranian Oil](https://todaymarkets.ae/crude-sharply-higher-on-dollar-weakness-and-additional-us-sanctions-on-iranian-oil/): June WTI crude oil (CLM25) Tuesday closed up +1.72 (+2.78%), and June RBOB gasoline (RBM25) closed up +0.0329 (+1.54%). Crude oil and gasoline prices Tuesday settled sharply higher, with crude posting a 2-week high and gasoline posting a 6-week high.  Dollar weakness Tuesday supported energy prices as did a rally in stocks, which showed confidence … - [Nat-Gas Prices Steady on Mild US Spring Temps](https://todaymarkets.ae/nat-gas-prices-steady-on-mild-us-spring-temps/): June Nymex natural gas (NGM25) on Tuesday closed up by +0.001 (+0.03%). June nat-gas prices on Tuesday settled little changed.  Nat-gas prices had some negative carryover from Monday when prices fell on the outlook for near-normal US temperatures to reduce electricity demand for air conditioning.  On Monday, forecaster Atmospheric G2 said warm temperatures initially forecast … - [Economic Calendar - German And Spanish CPI Data in Focus](https://todaymarkets.ae/economic-calendar-german-and-spanish-cpi-data-in-focus/): Today’s macroeconomic calendar is relatively light. From the U.S., there are no scheduled data releases likely to impact global financial markets. However, investors will be watching comments from several Federal Reserve officials, including Waller and Jefferson. Earlier in the day, inflation reports will be published in Europe, specifically from Spain and Germany. Analyst expectations point … - [Asia-Pacific regions experiencing a mixed sessions](https://todaymarkets.ae/asia-pacific-regions-experiencing-a-mixed-sessions/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [AUD/JPY trades with modest losses above 95.00, remains close to two-month top set on Tuesday](https://todaymarkets.ae/aud-jpy-trades-with-modest-losses-above-95-00-remains-close-to-two-month-top-set-on-tuesday/): The AUD/JPY cross attracts some sellers during the Asian session on Wednesday, and for now, it seems to have snapped a two-day winning streak to the 95.65 area, or a nearly two-month high touched the previous day. Spot prices currently trade around the 95.15 region, down nearly 0.30% for the day amid a broadly stronger … - [USD/CHF breaks below 0.8400, downside appears limited due to dovish SNB policy outlook](https://todaymarkets.ae/usd-chf-breaks-below-0-8400-downside-appears-limited-due-to-dovish-snb-policy-outlook/): The USD/CHF pair continues to lose ground for the second consecutive day, trading near 0.8390 during Wednesday’s Asian session. Downside risks appear limited, as growing expectations of further monetary easing by the Swiss National Bank (SNB) weaken the Swiss Franc (CHF). Last week, SNB Chairman Martin Schlegel reaffirmed the central bank’s readiness to intervene in the currency market and … - [Bitcoin, Ethereum, Ripple: BTC eyes $105K breakout, ETH holds key support, XRP targets $3](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eyes-105k-breakout-eth-holds-key-support-xrp-targets-3/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continue to show strength as the broader crypto market sustains its bullish momentum. BTC is testing a critical resistance level that could mark a fresh push toward record highs, while ETH remains supported by a key level, signaling potential for upward continuation. Meanwhile, XRP flirts with a major resistance zone, … - [USD/INR drifts lower as tensions between India and Pakistan ease](https://todaymarkets.ae/usd-inr-drifts-lower-as-tensions-between-india-and-pakistan-ease/): The Indian Rupee (INR) gathers strength on Wednesday on the back of the US-China trade agreement and a ceasefire agreement between India and Pakistan. Analysts said that any fresh developments on the geopolitical front are likely to significantly influence the INR’s trajectory in the near term. The renewed Foreign Portfolio Investors (FPI) inflows into debt … - [WTI extends the rally above $63.00 on easing trade tensions](https://todaymarkets.ae/wti-extends-the-rally-above-63-00-on-easing-trade-tensions/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.25 during the Asian trading hours on Wednesday. The WTI price extends its upside amid easing trade tensions between the United States (US) and China, which prompt traders to dial back odds of a recession.  The US and China agreed over the weekend in Switzerland to slash … - [EUR/USD strengthens to near 1.1200 as risk appetite returns](https://todaymarkets.ae/eur-usd-strengthens-to-near-1-1200-as-risk-appetite-returns/): The EUR/USD pair gains ground to around 1.1195 during the Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) after the cooler-than-expected US April inflation data. Traders await the German Harmonized Index of Consumer Prices (HICP) data for April for fresh impetus, which is due later on Wednesday.  Inflation in the United States (US), as … - [AUD holds gains as US Dollar struggles due to improved risk sentiment](https://todaymarkets.ae/aud-holds-gains-as-us-dollar-struggles-due-to-improved-risk-sentiment/): The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Wednesday after registering more than 1.50% gains in the previous session. The AUD/USD pair strengthened as the US Dollar weakened following softer-than-expected US inflation data. Australia’s seasonally adjusted Wage Price Index rose by 3.4% year-over-year in Q1 2025, up from a 3.2% increase in … - [XAG/USD slides back closer to mid-$31.00s; down nearly 1% for the day](https://todaymarkets.ae/xag-usd-slides-back-closer-to-mid-31-00s-down-nearly-1-for-the-day/): Silver (XAG/USD) extends the previous day’s retracement slide from the $33.20-$33.25 resistance zone and attracts some follow-through selling during the Asian session on Wednesday. The white metal drops to a fresh daily low, around the $31.60 area in the last hour, though the mixed technical setup warrants caution before positioning for deeper losses. Against the … - [JPY builds on steady intraday ascent and drags USD/JPY to 147.00 mark](https://todaymarkets.ae/jpy-builds-on-steady-intraday-ascent-and-drags-usd-jpy-to-147-00-mark/): The Japanese Yen (JPY) remains on the front foot against its American counterpart for the second straight day on Wednesday and drags the USD/JPY pair to the 147.00 neighborhood during the Asian session. The Bank of Japan (BoJ) Deputy Governor Shinichi Uchida’s hawkish comments on Tuesday keep the door open for further policy normalization and … - [NZD/USD advances to near 0.5950 as US Dollar weakens on soft inflation data](https://todaymarkets.ae/nzd-usd-advances-to-near-0-5950-as-us-dollar-weakens-on-soft-inflation-data/): The NZD/USD pair advanced for the second consecutive session, hovering around 0.5940 during Wednesday’s Asian trading hours. The pair strengthened as the US Dollar (USD) came under pressure following softer-than-expected US inflation figures. Market participants now await the release of the US Producer Price Index (PPI) and the University of Michigan’s Consumer Sentiment Survey, both scheduled for later this week. … - [GBP/USD maintains position above 1.3300 after strong gains, focus turns to key UK, US data](https://todaymarkets.ae/gbp-usd-maintains-position-above-1-3300-after-strong-gains-focus-turns-to-key-uk-us-data/): GBP/USD is trading around 1.3300 during Wednesday’s Asian session, stabilizing after posting over 1% gains in the previous session. However, the pair’s upside may be capped as the British Pound (GBP) faces headwinds from cooling employment and moderating wage growth in the UK, factors that could reinforce expectations for further interest rate cuts by the … - [Gold price bears flirt with 200-period EMA pivotal support on H4 amid US-China trade optimism](https://todaymarkets.ae/gold-price-bears-flirt-with-200-period-ema-pivotal-support-on-h4-amid-us-china-trade-optimism/): Gold price (XAU/USD) struggles to capitalize on the previous day’s modest uptick and attracts fresh sellers during the Asian session on Wednesday. The latest optimism over the de-escalation of a potentially damaging trade war between the US and China – the world’s two largest economies – remains supportive of a generally positive tone around the equity … - [Let's Talk Oil, Natgas, Cocoa And Wheat](https://todaymarkets.ae/lets-talk-oil-natgas-cocoa-and-wheat/): Oil: The oil market remains exceptionally tight in the short term, illustrated by significant backwardation. Source: Bloomberg Finance LP, XTB. Crude oil prices have bounced approximately 13% from their May 5 low. The price recently broke above the 25-period moving average and is heading toward the 50-period moving average. However, reaching this level before the … - [Trade of The Day - USD/CHF](https://todaymarkets.ae/trade-of-the-day-usd-chf/): Recommendation: Trade: Long USDCHF at market priceTargets: 0.8464, 0.8495Stop: 0.8385 Opinion:Looking at the USDCHF chart, one can see a potential upward trend resumption. The recent downward correction reached the key support at 0.8403. The aforementioned support is a result of a lower limit of 1:1 structure, as well as 23.6% Fibonacci retracement of the recent upward … - [Coinbase to Enter The S&P500' Shares Gain 9%](https://todaymarkets.ae/coinbase-to-enter-the-sp500-shares-gain-9/): Shares of Coinbase (COIN.US), one of the largest cryptocurrency exchanges, are gaining over 9% before the opening of today’s session after it was announced that the company will join the S&P500 index, which brings together the largest companies listed on Wall Street from May 19 this year, replacing Discover Financial Services (DFS.US). This information is of … - [USD/CAD steadies above 1.3950 due to trade optimism, expects a rise in US inflation](https://todaymarkets.ae/usd-cad-steadies-above-1-3950-due-to-trade-optimism-expects-a-rise-in-us-inflation/): USD/CAD is aiming for its fifth straight daily gain, hovering near 1.3970 during Tuesday’s European session. However, the pair faced some resistance as the US Dollar (USD) softened ahead of the highly anticipated US Consumer Price Index (CPI) report for April, due later in the North American session. Market expectations suggest a rebound in headline CPI to … - [Markets Take a Breather After Yesterday's Events](https://todaymarkets.ae/markets-take-a-breather-after-yesterdays-events/): Stock markets are on pause this morning, after strong gains at the start of this week. Stocks in Europe have edged lower this morning and US equity market futures are also pointing to a weaker open. The Hang Seng is down more than 1.7%, which is a sign that residual trade concerns may limit investor … - [EUR/GBP remains above 0.8400 following UK Jobs data, ZEW Economic Sentiment Surveys eyed](https://todaymarkets.ae/eur-gbp-remains-above-0-8400-following-uk-jobs-data-zew-economic-sentiment-surveys-eyed/): EUR/GBP halts its six-day losing streak, trading around 0.8420 during the early European hours on Tuesday. The currency cross holds ground following the release of mixed employment data from the United Kingdom (UK). Later in the day, traders will focus on the ZEW Economic Sentiment surveys for May from both Germany and the broader Eurozone, which provide … - [Chart of The Day - Nasdaq 100](https://todaymarkets.ae/chart-of-the-day-nasdaq-100/): The Nasdaq 100 index retreated 0.5% to 20,824 points on Tuesday, cooling after Monday’s explosive 4.4% rally as investors awaited key inflation data and reassessed the US-China trade truce. Trade Truce Optimism Fades After Monday’s Rally Investors adopted a more cautious stance toward the 90-day tariff reduction agreement that slashes US duties on Chinese imports … - [Corn Pulls Back to Close Mixed Despite Bill Friendly USDA Data](https://todaymarkets.ae/corn-pulls-back-to-close-mixed-despite-bill-friendly-usda-data/): Corn futures fell back from the higher post-USDA report trade on Monday, with nearbys slipping 1 to 2 cents. New crop contracts were 3 to 4 cents in the green at the close. The nearby CmdtyView national average Cash Corn price was down 1 1/2 cents at $4.19 1/2.  Crop Progress data from this afternoon showed the … - [Wheat futures falls lower across the three exchanges](https://todaymarkets.ae/wheat-futures-falls-lower-across-the-three-exchanges/): Wheat futures fell lower across the three exchanges on Monday, pressured by less than bullish USDA data.  Chicago SRW futures were 6 to 7 cents in the red on the Monday session.  Kansas City HRW futures were facing pressure with contracts closing with 9 to 10 cent losses. Minneapolis spring wheat futures closed the Monday … - [Cotton Holds onto Gains](https://todaymarkets.ae/cotton-holds-onto-gains/): Cotton futures fell back from the early session high, but held onto gains on Monday of 2 to 18 points into the close. Crude oil prices posted gains of $1.10/barrel. The US dollar index was back up $1.462 to $101.630. Crop Progress data showed 28% of the US cotton crop planted as of 5/11, now … - [Dollar Strength Undercuts Sugar Prices](https://todaymarkets.ae/dollar-strength-undercuts-sugar-prices-2/): July NY world sugar #11 (SBN25) Monday closed down -0.08 (-0.45%), and August London ICE white sugar #5 (SWQ25) closed down -4.90 (-0.98%). Sugar prices Monday fell from 2-week highs and settled lower.  Sugar prices on Monday initially moved higher after WTI crude oil (CLM25) rallied more than +1% to a 2-week high.  Higher crude … - [NY Cocoa Prices Slip as the Dollar Rallies](https://todaymarkets.ae/ny-cocoa-prices-slip-as-the-dollar-rallies/): July ICE NY cocoa (CCN25) Monday closed down -97 (-1.06%), and July ICE London cocoa #7 (CAN25) closed up +55 (+0.83%). Cocoa prices on Monday settled mixed due to currency fluctuations.  Monday’s rally in the dollar (DXY00) to a 1-month high undercut NY cocoa prices.  However, Monday’s fall in the British pound (^GBPUSD) to a … - [Coffee Prices Plunge on Dollar Strength and Improving Supplies](https://todaymarkets.ae/coffee-prices-plunge-on-dollar-strength-and-improving-supplies/): July arabica coffee (KCN25) Monday closed down -14.80 (-3.82%), and July ICE robusta coffee (RMN25) closed down -174 (-3.33%). Coffee prices on Monday sold off sharply, with arabica coffee falling to a 2-1/2 week low and robusta dropping to a 1-month low.  Monday’s rally in the dollar index (DXY00) to a 1-month high is bearish … - [Cattle Markets Make New All-Time Highs, Hogs Higher](https://todaymarkets.ae/cattle-markets-make-new-all-time-highs-hogs-higher/): June Lean Hogs gap opened higher and Raced to the session high at 99.875. Thee rally stalled below resistance at 100.075 and turned lower. It broke down for the rest of the session to the low at 97.975. It settled near the low at 98.30. The breakdown stopped just a tick above the Friday high at … - [Soybeans Rally on Tuesday Following Weekend Trade Talks and Friendly USDA Data](https://todaymarkets.ae/soybeans-rally-on-tuesday-following-weekend-trade-talks-and-friendly-usda-data/): Soybeans closed out the Monday session with contracts rallying 20 to 27 cents.  The cmdtyView Cash Bean price was up 19 3/4 cents to $10.60. Soymeal futures were up $3.90 to 4.90 so far on the day, with Soy Oil futures rallying 126 to 137 points into the close.  USDA reported a private export sale of 120,000 MT of corn to … - [Easing US-China Trade Tensions Boost Crude Prices](https://todaymarkets.ae/easing-us-china-trade-tensions-boost-crude-prices/): June WTI crude oil (CLM25) Monday closed up +0.93 (+1.52%), and June RBOB gasoline (RBM25) closed up +0.0247 (+1.17%). Crude oil and gasoline prices on Monday settled sharply higher, with crude posting a 2-week high and gasoline posting a 6-week high.  Crude prices rallied sharply Monday after the US and China agreed to reduce tariffs … - [Cooler US Weather Forecasts Dampen Nat-Gas Demand and Prices](https://todaymarkets.ae/cooler-us-weather-forecasts-dampen-nat-gas-demand-and-prices/): June Nymex natural gas (NGM25) on Monday closed down by -0.149 (-3.93%). June nat-gas prices on Monday fell from a 1-month high and settled sharply lower on the outlook for near-normal US temperatures to reduce electricity demand for air conditioning.  On Monday, forecaster Atmospheric G2 said warm temperatures initially forecast for the west and north-central … - [Economic Calendar - U.S. Inflation, UK Labour Data And German Sentiment in Focus](https://todaymarkets.ae/economic-calendar-u-s-inflation-uk-labour-data-and-german-sentiment-in-focus/): Today’s economic calendar features critical US inflation data, UK employment figures, and German economic sentiment readings. Markets will closely watch US CPI numbers for insights into how the recent US-China tariff reductions might affect inflation trends, especially after the Fed maintained rates at last week’s meeting.  Key Economic Data (BST) 07:00 – UK Employment Data … - [Nikkei 225 and TOPIX leading regional gains, rallying 1.7% and 1.2% respectively](https://todaymarkets.ae/nikkei-225-and-topix-leading-regional-gains-rallying-1-7-and-1-2-respectively/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [GBP/USD jumps to near 1.3200 ahead of UK employment, US CPI releases](https://todaymarkets.ae/gbp-usd-jumps-to-near-1-3200-ahead-of-uk-employment-us-cpi-releases/): The GBP/USD pair climbs to near 1.3195 during the early European session on Tuesday. The Pound Sterling (GBP) edges higher against the Greenback due to positive developments surrounding the US and the UK trade agreement last week. The UK employment and US inflation reports will be the highlights later on Tuesday. US President Donald Trump last week said … - [NZD/USD gathers strength above 0.5850 as US and China agree to ease tariffs for 90 days](https://todaymarkets.ae/nzd-usd-gathers-strength-above-0-5850-as-us-and-china-agree-to-ease-tariffs-for-90-days/): The NZD/USD pair trades in positive territory around 0.5865 during the Asian session on Tuesday. The New Zealand Dollar (NZD) strengthens against the Greenback after the US and China announced a trade deal, easing fears of a trade war between the world’s two largest economies. Traders will keep an eye on the US April Consumer Price Index … - [USD/JPY falls below 148.00 despite persistent uncertainty over BoJ’s policy outlook](https://todaymarkets.ae/usd-jpy-falls-below-148-00-despite-persistent-uncertainty-over-bojs-policy-outlook/): USD/JPY pulls back after registering more than 2% gains in the previous session, trading around 147.90 during the Asian hours on Tuesday. The pair depreciates as the Japanese Yen (JPY) gains ground despite a persistent uncertainty over the Bank of Japan’s (BoJ) interest rate outlook. BoJ Deputy Governor Shinichi Uchida acknowledged both upside and downside risks stemming … - [XAG/USD rises to near $33.00 with developing bullish bias](https://todaymarkets.ae/xag-usd-rises-to-near-33-00-with-developing-bullish-bias/): Silver price (XAG/USD) is extending its gains for the fourth successive session, trading around $33.00 per troy ounce during the Asian hours on Tuesday. Technical analysis of the daily chart indicates a bullish outlook, as the precious metal continues to trade within an ascending channel pattern. The 14-day Relative Strength Index (RSI) has climbed above the 50 mark, … - [US CPI set to show steady inflation as focus turns to early tariff impact](https://todaymarkets.ae/us-cpi-set-to-show-steady-inflation-as-focus-turns-to-early-tariff-impact/): The high-impact United States (US) Consumer Price Index (CPI) inflation report for April will be published by the Bureau of Labor Statistics (BLS) on Tuesday at 12:30 GMT. The CPI data will likely have a significant impact on the US Dollar’s (USD) performance and the Federal Reserve’s (Fed) path forward on interest rates. What to expect in the … - [XAU/USD edges lower as US, China agree to reduce tariffs, eyes on US CPI data](https://todaymarkets.ae/xau-usd-edges-lower-as-us-china-agree-to-reduce-tariffs-eyes-on-us-cpi-data/): The Gold price (XAU/USD) edges lower to around $3,235 during the early Asian session on Tuesday. The precious metal remains on the defensive due to a stronger US Dollar (USD), higher US yields, and optimism on the US-China trade deal. Later on Tuesday, traders will take more cues from the US April Consumer Price Index (CPI) report. … - [USD/INR strengthens as US, China pause tariff war](https://todaymarkets.ae/usd-inr-strengthens-as-us-china-pause-tariff-war/): The Indian Rupee (INR) softens on Tuesday, pressured by the firmer Greenback. Positive indications from the United States and China trade talks lift the US Dollar (USD) and weigh on the Indian currency. Additionally, an intensification of the India-Pakistan conflict might exert some selling pressure on the local currency.  Nonetheless, foreign portfolio investors (FPIs) have resumed buying of Indian … - [WTI moves below $61.50, downside seems limited due to easing of US-China trade tensions](https://todaymarkets.ae/wti-moves-below-61-50-downside-seems-limited-due-to-easing-of-us-china-trade-tensions/): West Texas Intermediate (WTI) Oil price paused its three-day winning streak, trading around $61.40 per barrel during Asian hours on Tuesday. Despite this pullback, Oil prices remain underpinned by optimism following progress in the United States (US)-China trade negotiations. Over the weekend, the United States and China reached a preliminary deal in Switzerland to significantly reduce tariffs, … - [Australian Dollar edges higher as US Dollar pulls back ahead of CPI data](https://todaymarkets.ae/australian-dollar-edges-higher-as-us-dollar-pulls-back-ahead-of-cpi-data/): The Australian Dollar (AUD) is recovering its recent losses against the US Dollar (USD) for a second consecutive session on Tuesday. However, the AUD/USD pair faced challenges despite a rebound in Australia’s Westpac Consumer Confidence Index, which rose 2.2% month-on-month to 92.1 in May, recovering from a 6.0% drop in the previous month and marking its third … - [EUR/USD maintains position above 1.1100 ahead of US inflation data](https://todaymarkets.ae/eur-usd-maintains-position-above-1-1100-ahead-of-us-inflation-data/): EUR/USD opened with a bullish gap on Tuesday during the Asian session, trading near the 1.1110 level after suffering losses of over 2.5% in the previous session. The pair faced challenges as the US Dollar (USD) strengthened on the back of progress in the United States (US)-China trade negotiations. Over the weekend, the United States and China reached a … - [Wheat Weakness Continuing on Monday](https://todaymarkets.ae/wheat-weakness-continuing-on-monday/): Wheat futures continue to trade with losses early on Monday morning. The wheat market failed to join in on the corn and bean strength on Friday, with contracts falling lower. Chicago SRW futures posted Friday losses of 7 to 8 cents on the day, as July was down 21 ¼ cents last week. Friday’s preliminary … - [Corn Posting Monday Strength](https://todaymarkets.ae/corn-posting-monday-strength/): Corn futures are showing some buying early on Monday morning, up 2 to 4 cents. The corn market finished off the week of losses with bears taking some money off the table. Contracts were up 2 to 4 cents across most months, with July falling 19 ¼ cents (4.10%) last  week and December down 8 … - [Soybeans Rallying as Trade Tensions Ease Over Weekend](https://todaymarkets.ae/soybeans-rallying-as-trade-tensions-ease-over-weekend/): Soybeans are rallying early on Monday, as contracts are up 16 to 20 cents. Bulls were gaining ground ahead of the weekend meeting with the US and China, as contracts were up 5 to 8 cents. July slipped back 6 ¼ cents on the week, with November unchanged. Friday’s preliminary open interest was up 4,602 … - [Cotton Rallies Following Trade Meeting](https://todaymarkets.ae/cotton-rallies-following-trade-meeting/): Cotton price action early on Monday is showing gains of 120 to 145 points, following a productive meeting with the US and China. Futures slipped back on Friday, with contracts down 8 to 15 points at the close, as July was down 180 points last week. Crude oil prices were back up $1.14/barrel. The US … - [Mexican Peso weakens as US-China trade deal lifts US Dollar demand](https://todaymarkets.ae/mexican-peso-weakens-as-us-china-trade-deal-lifts-us-dollar-demand/): The Mexican Peso (MXN) is trading lower against the US Dollar (USD) during Monday’s European session, weighed down by rising demand for the Greenback following a breakthrough in US–China trade talks and ongoing Banco de Mexico (Banxico) policy easing. At the time of writing, USD/MXN is trading around 19.52, up 0.37% on the day, as investors shift … - [Trade of The Day - Gold - XAU/USD](https://todaymarkets.ae/trade-of-the-day-gold-xau-usd/): Facts Recommendation: Short position at market price Opinion: The trade agreement between the U.S. and China, which includes a significant reduction in tariffs, represents a clear signal of geopolitical de-escalation—one that had supported demand for safe-haven assets like gold for many months. The reduction of tariffs from extremely high levels (125% → 10% and 145% … - [EUR/USD plummets as 90-day US-China trade truce strengthens US Dollar](https://todaymarkets.ae/eur-usd-plummets-as-90-day-us-china-trade-truce-strengthens-us-dollar/): EUR/USD plunges below 1.1100 during European trading hours at the start of the week. The major currency pair faces an intense selling pressure as the US Dollar (USD) rallies after the United States (US) and China, in a joint statement, announced a higher-than-expected reduction in tariffs for 90 days imposed in April. The US Dollar Index (DXY), … - [](https://todaymarkets.ae/8940-2/): The U.S. Dollar Index gained nearly 1.1% at its peak today, reflecting market relief over new trade arrangements between China and the United States. The trade war has effectively been suspended for 90 days, but the open question remains: will businesses believe in the end of uncertainty, and will investors trust the stability of U.S. … - [The DAX Hits All Time Highs](https://todaymarkets.ae/the-dax-hits-all-time-highs/): European markets are gaining today after weekend trade talks between the U.S. and China led to the substantial reduction of tariffs. The volatility index VSTOXX is seeing the most significant movement, plunging -8.08% to 18.78, suggesting a substantial decrease in market uncertainty. Among the gainers, the EU50 pan-European index is leading with a rise of … - [GBP tumbles against US Dollar as US and China lower tariffs for 90 days](https://todaymarkets.ae/gbp-tumbles-against-us-dollar-as-us-and-china-lower-tariffs-for-90-days/): The Pound Sterling (GBP) slumps to near 1.3170 against the US Dollar (USD) and trades near a one-month low on Monday. The GBP/USD pair falls sharply as the US Dollar strengthens after the United States (US) and China agreed on a reduction in tariffs imposed in the trade war in April, which will come into effect on Wednesday, for 90 days. … - [USD/CAD advances to near 1.4000 following a 115% reciprocal reduction in US-China tariffs](https://todaymarkets.ae/usd-cad-advances-to-near-1-4000-following-a-115-reciprocal-reduction-in-us-china-tariffs/): USD/CAD continues its upward momentum for the fourth consecutive session, trading around 1.3980 during European hours on Monday. The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is also on the rise, hovering near 101.60 at the time of writing. The US Dollar (USD) strengthened following a joint statement … - [USD/CHF rallies to one-month top, beyond mid-0.8400s as US and China agree to lower tariffs](https://todaymarkets.ae/usd-chf-rallies-to-one-month-top-beyond-mid-0-8400s-as-us-and-china-agree-to-lower-tariffs/): The USD/CHF pair builds on its modest gap-up opening at the start of a new week and gains strong positive traction during the early part of the European session. The momentum is sponsored by the latest optimism over the US-China trade deal and lifts spot prices beyond mid-0.8400s, or over a one-month high in the last hour. … - [US Dollar Index (DXY) surges past 101.00, hits one-month top on US-China trade deal optimism](https://todaymarkets.ae/us-dollar-index-dxy-surges-past-101-00-hits-one-month-top-on-us-china-trade-deal-optimism/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, catches aggressive bids at the start of a new week and rallies to over a one-month top, around the 101.35-101.40 region during the early European session. The latest leg of a sudden spike over the past hour or so followed the … - [AUD/JPY surges to near 94.50 as joint statement confirms 90-day halt in tariff escalations](https://todaymarkets.ae/aud-jpy-surges-to-near-94-50-as-joint-statement-confirms-90-day-halt-in-tariff-escalations/): AUD/JPY climbed more than 1.50% during European trading hours on Monday, reaching around 94.60, driven by a more optimistic global trade sentiment following positive developments in US-China trade negotiations. The Australian Dollar (AUD), closely tied to China due to strong trade relations, gained ground after the release of a joint statement from high-level talks held … - [NZD/USD falls to near 0.5900 following a 90-day pause in US-China tariff escalation](https://todaymarkets.ae/nzd-usd-falls-to-near-0-5900-following-a-90-day-pause-in-us-china-tariff-escalation/): NZD/USD remains under pressure, trading near 0.5900 during early European hours on Monday, despite an improved global trade mood following positive developments in US-China trade talks. The US Dollar (USD) strengthened after the release of a joint statement from the high-level trade negotiations held over the weekend in Geneva, Switzerland. The statement confirmed that the US will suspend … - [Gold price weakens further below $3,250 as US-China trade deal boosts USD and global risk sentiment](https://todaymarkets.ae/gold-price-weakens-further-below-3250-as-us-china-trade-deal-boosts-usd-and-global-risk-sentiment/): Gold price (XAU/USD) adds to its heavy intraday losses following the US-China joint statement on trade talks and dives to a fresh one-week low, below the $3,250 level during the early European session on Monday. The already upbeat market mood gets an additional boost in reaction to an agreement between the US and China to lower … - [Japanese Yen plummets to fresh one-month low against USD after US and China agree to lower tariffs](https://todaymarkets.ae/japanese-yen-plummets-to-fresh-one-month-low-against-usd-after-us-and-china-agree-to-lower-tariffs/): The Japanese Yen (JPY) adds to intraday losses and touches a fresh one-month low against its American counterpart heading into the European session on Monday as the US-China trade deal optimism continues to weigh on safe-haven assets. Apart from this, worries about Japan’s growth outlook on the back of US tariffs uncertainty turn out to be another … - [Nasdaq Futures Gain 3.5% on China-U.S. Agreement](https://todaymarkets.ae/nasdaq-futures-gain-3-5-on-china-u-s-agreement/): Chinese tariffs will drop from 125% to 10%, while U.S. tariffs will decrease from 145% to 30%. Shortly after 08:00, the first reports emerged regarding a potential temporary agreement between China and the U.S. to reduce trade restrictions. Details of the agreement from the U.S. side are now becoming available: US100 (H1 timeframe) In response … - [USD/INR rises as India-Pakistan top military officials to speak as ceasefire holds](https://todaymarkets.ae/usd-inr-rises-as-india-pakistan-top-military-officials-to-speak-as-ceasefire-holds/): The Indian Rupee (INR) weakens on Monday, pressured by increasing tensions on the border between the nuclear-armed rivals India and Pakistan. The renewed US Dollar (USD) demand following the optimism between US-China trade talks and a jump in crude oil prices could drag the Indian currency lower.  However, continuing FPI flows into the domestic equity markets and … - [The Economic Week Ahead](https://todaymarkets.ae/the-economic-week-ahead/): The Week Ahead: US/ China trade talk success Financial markets are in optimistic mood on Monday, as China and the US both announced that weekend trade talks had made ‘substantial progress’. A press conference is set to take place this morning, and the market is primed for a dramatic cut in tariff rates between the … - [Economic Calendar - China - U.S. Talks in Focus](https://todaymarkets.ae/economic-calendar-china-u-s-talks-in-focus/): After a series of central bank decisions, markets are getting a breather thanks to an almost empty macroeconomic calendar—providing a pause before this week’s key CPI report. Market volatility will largely be at the mercy of trade negotiations between China and the U.S., while a speech from a Bank of England member will also be … - [EUR/JPY retreats slightly from one-week high, up a little below 164.00 amid weaker JPY](https://todaymarkets.ae/eur-jpy-retreats-slightly-from-one-week-high-up-a-little-below-164-00-amid-weaker-jpy/): The EUR/JPY cross regains positive traction on Monday and jumps to over a one-week top, around the 164.20 area during the Asian session, though it lacks follow-through. Spot prices retreat nearly 50 pips from the daily swing high and currently trade around the 163.85-163.80 region, still up 0.20% for the day amid a weaker Japanese … - [Indices in the Asia-Pacific region are starting the week in the green](https://todaymarkets.ae/indices-in-the-asia-pacific-region-are-starting-the-week-in-the-green/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD rises to near $33.00 on M&A news, geopolitical tensions](https://todaymarkets.ae/xag-usd-rises-to-near-33-00-on-ma-news-geopolitical-tensions/): Silver price (XAG/USD) is extending its gains for the third consecutive session, trading around $32.90 per troy ounce during Asian hours on Monday. The precious metal drew support from news that Canadian miner Pan American Silver will acquire MAG Silver Corp in a deal valuing the company at approximately $2.1 billion, according to Reuters. The … - [JPY remains depressed amid trade optimism; USD/JPY looks to build on momentum beyond 146.00](https://todaymarkets.ae/jpy-remains-depressed-amid-trade-optimism-usd-jpy-looks-to-build-on-momentum-beyond-146-00/): The Japanese Yen (JPY) sticks to intraday negative bias through the Asian session and currently trades near a one-month trough touched against its American counterpart earlier this Monday. The optimism over the US-China trade deal remains supportive of a positive risk tone and undermines demand for traditional safe-haven assets. This, along with worries about Japan’s … - [USD/CHF jumps to near 0.8350 on US-China trade hopes](https://todaymarkets.ae/usd-chf-jumps-to-near-0-8350-on-us-china-trade-hopes/): The USD/CHF pair rises to near 0.8340 during the early European session on Monday. The Swiss Franc (CHF) edges lower against the Greenback amid easing concerns of a trade war between the United States (US) and China, the world’s two biggest economies.  Both China and the US have said that they’ve made progress at trade talks in Switzerland, weighing … - [EUR/USD Bears await break below 1.1200 ahead of US-China joint statement](https://todaymarkets.ae/eur-usd-bears-await-break-below-1-1200-ahead-of-us-china-joint-statement/): The EUR/USD pair kicks off the new week on a weaker note amid a modest US Dollar (USD) uptick, bolstered by the optimism over a US-China trade deal. Spot prices, however, manage to hold above the 1.1200 mark and a one-month low touched last Thursday as traders await the US-China joint statement for more details about the agreement. … - [XAU/USD struggles near one-week low; US-China joint statement awaited](https://todaymarkets.ae/xau-usd-struggles-near-one-week-low-us-china-joint-statement-awaited/): Gold price (XAU/USD) attracts heavy selling on Monday and drops to a one-week low, around the $3,253-3,252 area during the Asian session on the back of US-China trade deal optimism. Positive signals from high-stakes US-China trade talks over the weekend in Switzerland boost investors’ confidence and undermine demand for the traditional safe-haven bullion at the start … - [Australian Dollar advances due to US-China trade talks, weaker US Dollar](https://todaymarkets.ae/australian-dollar-advances-due-to-us-china-trade-talks-weaker-us-dollar/): The Australian Dollar (AUD) is building on its recent momentum, rising against the US Dollar (USD) for a second straight session on Monday. The AUD/USD pair is benefiting from growing optimism around the US-China trade talks held in Geneva. As Australia maintains strong economic ties with China, developments in the Chinese economy often have a direct influence … - [US Dollar Index Trades near 100.50, remains below channel’s upper boundary](https://todaymarkets.ae/us-dollar-index-trades-near-100-50-remains-below-channels-upper-boundary/): The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, is losing ground for the second successive session, trading near 100.60 during the Asian hours on Monday. On the daily chart, technical analysis suggested a sustained bullish bias, with the index trading within an ascending channel. Additionally, the … - [JPY/USD recovers slightly from one-month low against USD](https://todaymarkets.ae/jpy-usd-recovers-slightly-from-one-month-low-against-usd/): The Japanese Yen (JPY) remains on the back foot against its American counterpart through the Asian session on Monday as the latest optimism over the US-China trade deal continues to undermine safe-haven assets. Apart from this, worries about Japan’s growth outlook on the back of US tariffs uncertainty seem to weigh on the JPY. The US Dollar (USD), on … - [Asia-Pacific FX news wrap: US & China officials upbeat on trade talks](https://todaymarkets.ae/asia-pacific-fx-news-wrap-us-china-officials-upbeat-on-trade-talks/): US and China initial trade talks wrapped up in Geneva on Sunday with positive comments coming from both sides. In summary: China side: US side: The two will issue a joint statement on Monday, no time for it has been confirmed, where more details are promised. US equity futures gapped higher upon reopening for the … - [USD/INR strengthens on rising India-Pakistan tensions](https://todaymarkets.ae/usd-inr-strengthens-on-rising-india-pakistan-tensions/): The Indian Rupee (INR) weakens on Monday, pressured by increasing tensions on the border between the nuclear-armed rivals India and Pakistan. The renewed US Dollar (USD) demand following the optimism between US-China trade talks and a jump in crude oil prices could drag the Indian currency lower.  However, continuing FPI flows into the domestic equity markets and … - [NZD/USD attracts some buyers above 0.5900 on US-China trade optimism](https://todaymarkets.ae/nzd-usd-attracts-some-buyers-above-0-5900-on-us-china-trade-optimism/): The NZD/USD pair gains traction to near 0.5925 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) strengthens against the Greenback amid easing concerns over a trade war between the United States and China. Investors will closely monitor the joint statement from the world’s two biggest economies on the Geneva trade talks.  After meetings in … - [USD/CAD steadies near 1.3950 as US Dollar receives support from trade optimism](https://todaymarkets.ae/usd-cad-steadies-near-1-3950-as-us-dollar-receives-support-from-trade-optimism/): USD/CAD is attempting to hold its position for the fourth consecutive session, hovering around 1.3940 during Monday’s Asian trading hours. The pair remains supported as the US Dollar (USD) gains strength following reported progress in US-China trade talks over the weekend in Switzerland. US Treasury Secretary Scott Bessent described the two-day talks in Geneva with Chinese officials as … - [WTI sits near two-week high, just below $61.00 as traders await US-China trade deal details](https://todaymarkets.ae/wti-sits-near-two-week-high-just-below-61-00-as-traders-await-us-china-trade-deal-details/): West Texas Intermediate (WTI) US Crude Oil prices rise to a nearly two-week high during the Asian session on Monday, though bulls struggle to find acceptance or build on the momentum beyond the $61.00 mark. The commodity currently trades with a mild positive bias just below the said handle as traders keenly await the joint … - [AUD appreciates due to growing optimism after two-day US-China trade talks](https://todaymarkets.ae/aud-appreciates-due-to-growing-optimism-after-two-day-us-china-trade-talks/): The Australian Dollar (AUD) is building on its recent momentum, rising against the US Dollar (USD) for a second straight session on Monday. The AUD/USD pair is benefiting from growing optimism around the US-China trade talks held in Geneva. As Australia maintains strong economic ties with China, developments in the Chinese economy often have a direct influence … - [Coffee Prices Settle Mixed as the Supply Situation Improves](https://todaymarkets.ae/coffee-prices-settle-mixed-as-the-supply-situation-improves/): July arabica coffee (KCN25) Friday closed up +0.40 (+0.10%), and July ICE robusta coffee (RMN25) closed down -39 (-0.74%). Coffee prices on Friday settle mixed.  Dollar weakness Friday was supportive of coffee prices.  However, gains were limited by signs of larger global coffee supplies after the USDA forecast 2025/26 coffee production in Honduras, Central America’s … - [Ivory Coast Cocoa Crop Concerns Underpin Prices](https://todaymarkets.ae/ivory-coast-cocoa-crop-concerns-underpin-prices/): July ICE NY cocoa (CCN25) Friday closed up +119 (+1.31%), and July ICE London cocoa #7 (CAN25) closed up +17 (+0.26%). Cocoa prices on Friday settled higher, with NY cocoa posting a 1-1/2 week high and London cocoa posting a 5-week high.  Quality concerns regarding the Ivory Coast cocoa mid-crop, which is currently being harvested, … - [Sugar Prices See Support as Crude Oil Rallies](https://todaymarkets.ae/sugar-prices-see-support-as-crude-oil-rallies/): July NY world sugar #11 (SBN25) Friday closed up +0.28 (+1.60%), and August London ICE white sugar #5 (SWQ25) closed up +5.00 (+1.01%). Sugar prices on Friday added to Thursday’s gains and posted 1-week highs.   Strength in crude prices on Friday boosted sugar prices after WTI crude oil (CLM25) rose more than +1% to … - [Cotton Post Slight Weakness on Friday](https://todaymarkets.ae/cotton-post-slight-weakness-on-friday/): Cotton futures slipped back on Friday, with contracts down 8 to 15 points at the close, as July was down 180 points this week. Crude oil prices were back up $1.14/barrel. The US dollar index was down $0.235 to $100.255. CFTC data showed specs cutting another 5,182 contracts from their net short position as of … - [Corn Squares Up Heading into the Weekend](https://todaymarkets.ae/corn-squares-up-heading-into-the-weekend/): The corn market finished off the week of losses with bears taking some money off the table. Contracts were up 2 to 4 cents across most months, with July falling 19 ¼ cents (4.10%) this week and December down 8 ¼ cents. The nearby CmdtyView national average Cash Corn price was up 2 1/4 cents at $4.20 … - [Wheat Falls into the Weekend](https://todaymarkets.ae/wheat-falls-into-the-weekend/): The wheat market failed to join in on the corn and bean strength on Friday, with contracts falling lower. Chicago SRW futures posted Friday losses of 7 to 8 cents on the day, as July was down 21 ¼ cents this week. Kansas City HRW futures faced weakness, with contracts 7 to 8 cents lower … - [Soybeans Push Higher Into The Weekend](https://todaymarkets.ae/soybeans-push-higher-into-the-weekend/): Soybean bulls were gaining ground ahead of the weekend meeting with the US and China, as contracts were up 5 to 8 cents. July slipped back 6 ¼ cents on the week, with November unchanged.  The cmdtyView Cash Bean price was up 6 3/4 cents to $10.00 1/4. Soymeal futures mixed, up 60 cents in some deferreds to 60 … - [Crude Rallies on US-China Trade Talk Optimism](https://todaymarkets.ae/crude-rallies-on-us-china-trade-talk-optimism/): June WTI crude oil (CLM25) Friday closed up +1.11 (+1.85%), and June RBOB gasoline (RBM25) closed up +0.0230 (+1.10%). Crude oil and gasoline prices on Friday rallied to 1-1/2 week highs and settled moderately higher.  Friday’s weaker dollar was bullish for energy prices.  Also, optimism about this weekend’s trade talks with China pushed crude prices … - [June Nymex natural gas (NGM25) on Friday closed up by +0.203 (+5.65%).](https://todaymarkets.ae/june-nymex-natural-gas-ngm25-on-friday-closed-up-by-0-203-5-65/): June nat-gas prices on Friday rallied to a 4-week high and settled sharply higher on the outlook for above-normal US temperatures to boost electricity demand for air conditioning.  On Friday, forecaster Xweather said temperatures will be above normal in the eastern half of the US through May 18, boosting nat-gas demand from electricity providers to … - [Canadian Dollar flat-lines on Friday as markets look elsewhere](https://todaymarkets.ae/canadian-dollar-flat-lines-on-friday-as-markets-look-elsewhere/): The Canadian Dollar (CAD) flattened on Friday, sticking close to 1.3900 against the US Dollar (USD) as Loonie markets struggle to find a reason to move too far in either direction. Market sentiment is being entirely driven by upcoming trade talks between the US and China that have been set to begin in Switzerland this weekend. Canadian … - [Mexican Peso firms despite weak data as trades turn cautious on US-China talks](https://todaymarkets.ae/mexican-peso-firms-despite-weak-data-as-trades-turn-cautious-on-us-china-talks/): The Mexican Peso (MXN) registered modest gains versus the US Dollar (USD) on Friday as market participants turned cautious ahead of the US-China talks in Switzerland. The emerging market (EM) currency remained unfazed by a worse-than-expected economic outlook as Mexico’s data continued to deteriorate. At the time of writing, the USD/MXN trades at 19.46, below its opening price by … - [Australian Dollar under pressure as global trade and economic uncertainties persist](https://todaymarkets.ae/australian-dollar-under-pressure-as-global-trade-and-economic-uncertainties-persist/): The Australian Dollar (AUD) remains under pressure as global trade uncertainties persist, particularly surrounding the US-China trade talks. While there has been a slight rebound in copper production from China, trade deals and economic policies continue to impact sentiment in the market, with limited positive moves for the Aussie. Daily digest market movers: Aussie steady … - [Brazil’s first corn crop was pegged at 88% harvested](https://todaymarkets.ae/brazils-first-corn-crop-was-pegged-at-88-harvested/): Corn futures are up fractionally to 2 cents so far on Monday’s midday.  The CmdtyView national average Cash Corn price is up 2 cents at $4.34.  Weekly Export Inspections data tallied corn shipments at 1.583 MMT (62.3 mbu) in the week that ended on April 3. That was down 3.89% from the week prior but 8.04% above … - [Soymeal futures were up $1.80 to $5.30/ton](https://todaymarkets.ae/soymeal-futures-were-up-1-80-to-5-30-ton/): Soybeans saw some spreading on Monday, with front months showing 4 to 6 cent gains and new crop down 3 ¼ cents in the November.  CmdtyView’s national front month Cash Bean price was up 6 cents at $9.27. Soymeal futures were up $1.80 to $5.30/ton, with Soy Oil futures back down 69 to 98 points. President Trump has responded to the … - [Wheat Closes Higher on Monday](https://todaymarkets.ae/wheat-closes-higher-on-monday/): Wheat futures were stronger on Monday to start a new week of trade. Chicago SRW futures were 7 to 8 cents higher to settle the Monday session. Kansas City HRW contracts saw slight gains of 1 to 3 cents in the nearbys at the close. MPLS spring wheat posted gains of 8 to 10 cents across … - [Cotton Rallies Back on Monday](https://todaymarkets.ae/cotton-rallies-back-on-monday/): Cotton futures closed out the Monday session with contracts up 207 to 263 points. The outside markets were not supportive. Crude oil futures were down $1.17/barrel, as the US dollar index was back up $0.452 on the day. NASS Crop Progress data indicated a total of 4% of the US cotton crop has been planted as … - [Sugar Prices Slide on Trade War Fears and Crude Weakness](https://todaymarkets.ae/sugar-prices-slide-on-trade-war-fears-and-crude-weakness/): May NY world sugar #11 (SBK25) Monday closed down -0.16 (-0.85%), and May London ICE white sugar #5 (SWK25) closed down -4.40 (-0.82%). Sugar prices on Monday settled moderately lower, with NY sugar falling to a 4-week low.  Global trade war fears have prompted a rout in equity markets and sparked risk-off sentiment in asset … - [Cocoa Prices Finish Sharply Lower on Trade War Concerns](https://todaymarkets.ae/cocoa-prices-finish-sharply-lower-on-trade-war-concerns/): May ICE NY cocoa (CCK25) Monday closed down -459 (-5.39%), and May ICE London cocoa #7 (CAK25) closed down -372 (-5.87%). Cocoa prices on Monday sold off sharply for a second session, with London cocoa posting a 4-3/4 month low.  Global trade war fears have sparked risk-off sentiment in asset markets and undercut cocoa prices. … - [Coffee Prices Tumble as Risk-Off Sentiment Engulfs Asset Markets](https://todaymarkets.ae/coffee-prices-tumble-as-risk-off-sentiment-engulfs-asset-markets/): May arabica coffee (KCK25) Monday closed down -20.90 (-5.72%), and May ICE robusta coffee (RMK25) closed down -316 (-6.18%). Coffee prices on Monday fell sharply for a second session, with arabica posting a 2-1/4 month low and robusta posting a 4-month low.  Monday’s risk-off sentiment in asset markets due to global trade war fears undercut … - [AUD/USD recovers above 0.6000 amid fears of US recession](https://todaymarkets.ae/aud-usd-recovers-above-0-6000-amid-fears-of-us-recession/): The AUD/USD pair recovers some lost ground to near 0.6015 during the early Asian session on Tuesday. The US Dollar (USD) edges higher against the Aussie amid concerns over a recession in the United States following US President Donald Trump’s sweeping tariffs on trading partners. Analysts believe that the uncertainties surrounding the new Trump tariff policy will likely increase inflation … - [JPY trades with positive bias against USD; seems poised to appreciate further](https://todaymarkets.ae/jpy-trades-with-positive-bias-against-usd-seems-poised-to-appreciate-further/): The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and for now, seems to have stalled the previous day’s sharp retracement from the vicinity of the multi-month peak. Despite growing concerns that harsher US reciprocal tariffs could negatively impact Japan’s economy, signs of broadening inflation in Japan keep … - [USD/INR extends the rally after Trump's latest tariffs threat](https://todaymarkets.ae/usd-inr-extends-the-rally-after-trumps-latest-tariffs-threat/): The Indian Rupee (INR) declines on Tuesday, erasing all its gains of 2025. Fears over global trade tensions escalated after China implemented retaliatory tariffs on US goods. The heightened uncertainty has triggered risk-off sentiment, leading to outflows from emerging markets, including India. This, in turn, exerts some selling pressure on the Indian currency. Additionally, the … - [WTI climbs back closer to mid-$61.00s; upside potential seems limited](https://todaymarkets.ae/wti-climbs-back-closer-to-mid-61-00s-upside-potential-seems-limited/): West Texas Intermediate (WTI) US Crude Oil prices attract some buyers on Tuesday following the previous day’s US tariffs-led volatile price swings and currently trade just below mid-$61.00s, up over 1% for the day. The US Dollar (USD) attracts fresh sellers and stalls a two-day-old recovery from a multi-month low amid bets that a tariffs-driven … - [NZD/USD attracts some buyers above 0.5550, RBNZ rate decision in focus](https://todaymarkets.ae/nzd-usd-attracts-some-buyers-above-0-5550-rbnz-rate-decision-in-focus/): The NZD/USD pair attracts some buyers to around 0.5580 during the Asian trading hours on Tuesday. US President Donald Trump’s tariffs on trade partners have raised fears of the potential recession in the United States, weighing on the Greenback. The Reserve Bank of New Zealand (RBNZ) interest rate decision will take center stage on Wednesday.  Traders … - [Markets Manic Monday](https://todaymarkets.ae/markets-manic-monday/): Historic Monday for markets It’s turning into a Monday to remember for stock markets. US stocks markets tanked at the open, before surging into positive territory on the back of reports that President Trump would pause tariffs for 90 days. This was swiftly denied, US stocks turned lower once again, before even more reports emerged … - [Strategy Announced a $5.9 Billion Loss After Bitcoin Accounting Change](https://todaymarkets.ae/strategy-announced-a-5-9-billion-loss-after-bitcoin-accounting-change/): Strategy Inc. shares fell 5% Monday after announcing an unrealized $5.9 billion Q1 loss following adoption of new accounting standards requiring Bitcoin to be valued at market prices. The company, formerly MicroStrategy, previously classified its Bitcoin as intangible assets, which only allowed recognition of losses but not gains unless tokens were sold. The accounting change comes as … - [US100 Rebounds Over 1%](https://todaymarkets.ae/us100-rebounds-over-1/): Speculations about a 90-day tariff delay lead to a dynamic rebound in the indices 🔔 Hassett, one of Donald Trump’s senior advisors, indicates that he is considering a 90-day suspension of new tariffs on all countries except China. This information led to a rebound of up to 2.5% on the US100 futures contract and a … - [U.S. Markets Open Lower Amid Tariff Uncertainty](https://todaymarkets.ae/u-s-markets-open-lower-amid-tariff-uncertainty/): Major US index futures are showing significant declines following President Trump’s sweeping tariff announcement. The Russell 2000 (US2000) is down -4.11% to 1762.0, while the S&P 500 (US500) is down -3.86% to 16859.45. Nasdaq futures (US100) are showing a decline of -3.78% to 4916.2, and the Dow (US30) is down -3.67% to 37114. The VIX … - [European Indices Trim Massive Declines](https://todaymarkets.ae/european-indices-trim-massive-declines/): General market situation: European stocks slumped at the start of the week after China announced retaliatory tariffs of 34% on the US, threatening to escalate the global tariff war. However, the sharp declines have now lost most of their bearish momentum. Markets are waiting for the Wall Street session to start and a potential influx … - [Trade of The Day - XAU/USD](https://todaymarkets.ae/trade-of-the-day-xau-usd-2/): Facts: Recommendation: Long position at market price Opinion: Gold is beginning to show signs of stabilization, despite today’s slight decline of 0.03%. During the first part of the day, we observed a price drop to around 3000 USD per ounce, which coincides with local support. Importantly, gold successfully defended this zone. From a technical perspective, … - [EUR/USD - Recommendation From BNP Paribas](https://todaymarkets.ae/eur-usd-recommendation-from-bnp-paribas/): BNP PARIBAS RESEARCH has issued a recommendation for the EURUSD currency pair. BNP recommends taking a long position on the pair with the following levels: Entry (at market price): 1.0998Target: 1.1400Stop: 1.0795 BNP Paribas recommends taking a long position on EURUSD at the market price with a target at 1.1400 and a Stop Loss order … - [Bitcoin Extends It's Weekend Sell-off](https://todaymarkets.ae/bitcoin-extends-its-weekend-sell-off/): The price of Bitcoin fell in the morning trading hours to 74,500 USD. The declines were mainly caused by a sell-off in traditional financial markets in reaction to the escalation of the trade war. Currently, Bitcoin is down 2.4% to 76,500 USD.  Bitcoin remained surprisingly high even at the close of the cash session on … - [Eurozone Retail Sales Grew Slower Than Expected](https://todaymarkets.ae/eurozone-retail-sales-grew-slower-than-expected/): 08:30 AM GMT, Euro Zone – Sentix Investor Confidence for April: 09:00 AM GMT, Euro Zone – Retail Sales for February: The Eurozone retail sales grew by 0.3% after a retreat in January, although lower than indicated by forecasters. The YoY reading, however, came in higher than expected. When it comes to business confidence, Eurozone’s Sentix dropped significantly on … - [Chart of The Day - USD/CHF](https://todaymarkets.ae/chart-of-the-day-usd-chf/): The Swiss franc (USDCHF: -1.5%) is leading the G10 currencies today as investors sell off U.S. dollars amid concerns over the U.S. economic downturn. The dollar is finding no support even from Jerome Powell’s hawkish stance. Despite direct pressure from Trump, Powell emphasized that the Fed can continue to wait before cutting interest rates, even in … - [Nasdaq futures fall off a cliff, wiping out 2024 rally](https://todaymarkets.ae/nasdaq-futures-fall-off-a-cliff-wiping-out-2024-rally/): The weekend did not bring any calm to the markets. China’s retaliation in a form of 34% tariffs on all U.S. goods reinforced the scenario of a potential deterioration in international trade relations. At the same time, Trump continues to stand firm on his tariff policy, strengthening investors’ belief that a trade war is becoming … - [Let's Look at The Week Ahead](https://todaymarkets.ae/lets-look-at-the-week-ahead/): The Week Ahead: All eyes firmly on the White House Asian stocks have tumbled and fallen sharply after there was no progress on US trade tariffs over the weekend. The Hang Seng is down 11% on Monday, the Nikkei is down 6% and the CSI 300 is lower by more than 7%. The lack of … - [Economic Calendar - Eurozone Retail Sales And Business Confidence](https://todaymarkets.ae/economic-calendar-eurozone-retail-sales-and-business-confidence/): The market turmoil due to Trump’s tariff frenzy is far from being settled, so the new week’s macroeconomic data might be overshadowed by the comments and negotiations taking place in the White House. Nevertheless, Monday comes with a bundle of relevant data, especially for the Eurozone and the UK. After Germany’s industrial production and British … - [German Industrial Production Falls More Than Expected](https://todaymarkets.ae/german-industrial-production-falls-more-than-expected/): 06:00 AM GMT, Germany – Industrial Production for February: 06:00 AM GMT, Germany – Balance of Tade Data for February: Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes … - [Market Update, Let's Catch up](https://todaymarkets.ae/market-update-lets-catch-up/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [BoJ maintains assessment for all of Japan's nine regions](https://todaymarkets.ae/boj-maintains-assessment-for-all-of-japans-nine-regions/): In its quarterly regional economic report published on Monday, the Bank of Japan (BoJ) maintains the assessment for all of Japan’s nine regions. Additional takeaways Market reaction USD/JPY is back at around 146.00 following these headlines, losing 0.58% on the day. - [EUR/USD flat lines above mid-1.0900s, investors seem non-committed amid rising trade tensions](https://todaymarkets.ae/eur-usd-flat-lines-above-mid-1-0900s-investors-seem-non-committed-amid-rising-trade-tensions/): The EUR/USD pair reverses an Asian session dip to the 1.0880 aera and for now, seems to have stalled its retracement slide from the vicinity of mid-1.1100s, or the highest level since September touched last week. Spot prices currently trade around the 1.0960 region, nearly unchanged for the day amid mixed cues. The US Dollar (USD) … - [NZD/USD remains under selling pressure near 0.5550 on Chinese tariff retaliation](https://todaymarkets.ae/nzd-usd-remains-under-selling-pressure-near-0-5550-on-chinese-tariff-retaliation/): The NZD/USD pair remains under selling pressure around 0.5565 during the early European session on Monday. The New Zealand Dollar (NZD) softens against the Greenback as China slapped a 34% tax on all US imports in retaliation for US President Donald Trump’s tariffs, widening trade tensions between the United States and China.  The Trump administration last week … - [WTI tumbles to a four-year low near $60.00 amid Trump’s tariff woes ](https://todaymarkets.ae/wti-tumbles-to-a-four-year-low-near-60-00-amid-trumps-tariff-woes/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.30 during the early Asian session on Monday. The WTI price falls to its lowest point since April 2021 amid the fears that US President Donald Trump’s global tariffs would push the United States (US) into a recession. Traders worry about an escalating trade … - [USD/CAD trades with positive bias around mid-1.4200s as Oil prices tumble to multi-year low](https://todaymarkets.ae/usd-cad-trades-with-positive-bias-around-mid-1-4200s-as-oil-prices-tumble-to-multi-year-low/): The USD/CAD pair attracts some follow-through buying for the second consecutive day on Monday and looks to build on last week’s modest recovery from the 1.4030-1.4025 region or year-to-date low. Spot prices currently trade around mid-1.4200s, up nearly 0.25% for the day, though bulls might wait for a sustained strength beyond the 100-day Simple Moving Average … - [USD/INR gathers strength as Trump-induced tariffs storm intensifies](https://todaymarkets.ae/usd-inr-gathers-strength-as-trump-induced-tariffs-storm-intensifies/): The Indian Rupee (INR) trades in negative territory on Monday. The local currency remains under pressure after US President Donald Trump unveiled a bigger-than-expected wall of tariffs around the world’s largest economy, upending trade and supply chains. On the other hand, a fall in crude oil prices might help limit the INR’s losses. It’s worth noting that … - [JPY remains on the front foot as global meltdown underpins safe-haven demand](https://todaymarkets.ae/jpy-remains-on-the-front-foot-as-global-meltdown-underpins-safe-haven-demand/): The Japanese Yen (JPY) fills the weekly bullish gap opening against its American counterpart amid concerns that harsher US reciprocal tariffs could negatively impact Japan’s economy and force the Bank of Japan (BoJ) to hold rates steady for the time being. However, signs of broadening inflation in Japan keep the door open for further BoJ … - [US Dollar lifted by Nonfarm Payrolls surprise and Powell’s cautious stance](https://todaymarkets.ae/us-dollar-lifted-by-nonfarm-payrolls-surprise-and-powells-cautious-stance/): The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, rises on Friday and is trading near the 103 area following a stronger-than-anticipated Nonfarm Payrolls report. The Greenback’s momentum is also shaped by Federal Reserve (Fed) Chairman Jerome Powell’s remarks, where he flagged greater-than-expected inflation risks from tariffs while emphasizing the … - [Mexican Peso plunges as US-China trade war escalates, Powell pushes back on rate cuts](https://todaymarkets.ae/mexican-peso-plunges-as-us-china-trade-war-escalates-powell-pushes-back-on-rate-cuts/): The Mexican Peso (MXN) depreciates sharply against the US Dollar (USD) on Friday, erasing Thursday’s gains, which drove the exchange rate below the crucial 20.00 figure towards testing the 200-day Simple Moving Average (SMA) at 19.78. The escalation of the trade war between the United States (US) and China and goodish data from the US drive the … - [Dow Jones Industrial Average plummets as equities get pulverized by tariff tantrum](https://todaymarkets.ae/dow-jones-industrial-average-plummets-as-equities-get-pulverized-by-tariff-tantrum/): The Dow Jones Industrial Average (DJIA) had one of its worst trading days since the pandemic period, shedding over 2,000 points to fall over 5% on the day and putting the major equity index on pace for one of its worst-ever trading days in absolute points terms. Global markets are roiling as the Trump administration … - [Gold price slides as Powell warns on tariff-driven inflation](https://todaymarkets.ae/gold-price-slides-as-powell-warns-on-tariff-driven-inflation/):  Gold (XAU) price extended its losses on Friday and plunged to a seven-day low of $3,015 before recovering some ground, following a speech by Federal Reserve (Fed) Chair Jerome Powell, which indicated that inflation could reaccelerate due to tariffs. XAU/USD trades at $3,029, down 2.70%. Financial markets turmoil continued amid the escalation of the trade war … - [Australian Dollar collapses below 0.6050 as markets brace for RBA rate cuts](https://todaymarkets.ae/australian-dollar-collapses-below-0-6050-as-markets-brace-for-rba-rate-cuts/): The AUD/USD pair crumbled below key psychological support during Friday’s American session, sliding toward the 0.6050 region and marking its lowest level in five years. The steep drop comes in the wake of a stronger-than-anticipated US Nonfarm Payrolls (NFP) report, which added to a broader surge in the Greenback. However, the dominant catalyst behind the Aussie’s collapse stems … - [XAG/USD collapses over 7%, drops below $30.00](https://todaymarkets.ae/xag-usd-collapses-over-7-drops-below-30-00/):  Silver price plummeted on Friday as financial market turmoil continued for the third straight day, following US President Donald Trump’s decision to impose reciprocal tariffs. Consequently, China retaliated, sparking fears of a global economic slowdown. The XAG/USD trades at $29.55, sinking more than 7%. XAG/USD Price Forecast: Technical outlook On its way lower, Silver fell below the … - [NZD/USD Kiwi plunges below 0.5600 as sellers extend their grip](https://todaymarkets.ae/nzd-usd-kiwi-plunges-below-0-5600-as-sellers-extend-their-grip/): The NZD/USD pair collapsed on Friday, diving toward the 0.5600 area as bearish momentum dominated the session. The pair traded deep in the red, shedding over 3% on the day and remaining mid-range between recent extremes at 0.5551 and 0.5798. Sellers stayed firmly in control through the day, with technical indicators confirming the downturn. The … - [SEC clarifies that stablecoins do not fall under securities offering](https://todaymarkets.ae/sec-clarifies-that-stablecoins-do-not-fall-under-securities-offering/): The Securities & Exchange Commission (SEC) Division of Corporation Finance released a guide on stablecoins on Friday, clarifying that the issuance of US Dollar-backed stablecoins does not constitute sales or offering of securities. SEC sheds light on stablecoin issuance The SEC’s Division of Corporation Finance issued a guide to clarify the regulatory state of crypto stablecoins. The guide … - [Bitcoin could be the winner in the ongoing trade war after showing signs of decoupling from stocks](https://todaymarkets.ae/bitcoin-could-be-the-winner-in-the-ongoing-trade-war-after-showing-signs-of-decoupling-from-stocks/): Bitcoin (BTC) traded above $84,000 on Friday, showing strength despite the stock market experiencing significant declines. The market reaction stems from United States (US) President Donald Trump’s clash with the Federal Reserve (Fed) Chairman Jerome Powell over interest rate decisions. Bitcoin shows resilience amid debate on interest rate cuts In the wake of imposing reciprocal tariffs on … - [Ethereum ETH shows resilience amid stock market turmoil](https://todaymarkets.ae/ethereum-eth-shows-resilience-amid-stock-market-turmoil/): Ethereum price today: $1,810 Ethereum (ETH) showed resilience heading into the weekend, trading above $1,800 on Saturday despite the impact of Trump’s tariff announcements sparking heavy losses across the stock market and in precious metals. ETH shows strength amid stock market turmoil While ETH — like most top cryptos — held steady heading to the … - [Cotton Closed on Friday With Losses](https://todaymarkets.ae/cotton-closed-on-friday-with-losses/): Cotton futures posted Friday losses of 115 to 144 points in the nearbys, with May down 354 points this week. Crude oil futures were $4.63/barrel lower, as the US dollar index was back up $0.821 on the day. In response to President Trump’s reciprocal tariffs, China issued a retaliatory tariff of 34% on all US goods … - [Trade Turmoil and Crude Oil Weakness Weighs in Sugar Prices](https://todaymarkets.ae/trade-turmoil-and-crude-oil-weakness-weighs-in-sugar-prices/): May NY world sugar #11 (SBK25) Friday closed down -0.27 (-1.41%), and May London ICE white sugar #5 (SWK25) closed down -5.50 (-1.01%). Sugar prices retreated for a second day Friday as global trade war fears prompted a rout in global equity markets and sparked risk-off sentiment in asset markets, undercutting sugar prices.  Also, Friday’s … - [Cocoa Prices Sharply Lower as Global Trade War Sparks Demand Concerns](https://todaymarkets.ae/cocoa-prices-sharply-lower-as-global-trade-war-sparks-demand-concerns/): May ICE NY cocoa (CCK25) Friday closed down -779 (-8.38%), and May ICE London cocoa #7 (CAK25) closed down -310 (-4.66%). Cocoa prices Friday sold off sharply as global trade war fears sparked risk-off sentiment in asset markets and undercut cocoa prices.   Also, there is concern that consumer demand for cocoa and cocoa products … - [Coffee Prices Sink on Risk-Off Sentiment in Asset Markets](https://todaymarkets.ae/coffee-prices-sink-on-risk-off-sentiment-in-asset-markets/): May arabica coffee (KCK25) Friday closed down -19.55 (-5.07%), and May ICE robusta coffee (RMK25) closed down -259 (-4.82%). Coffee prices plummeted Friday, with arabica posting a 2-month low and robusta posting a 2-1/2 month low.  Friday’s risk-off sentiment in asset markets undercut most commodity prices, including coffee.  Also, there is concern that coffee demand … - [Nike Shares Jump as Vietnam Signal Zero Tariffs](https://todaymarkets.ae/nike-shares-jump-as-vietnam-signal-zero-tariffs/): Nike Inc (NKE.US) shares rose 4.7% after President Donald Trump reported a “constructive call” with Vietnamese General Secretary To Lam, who expressed interest in reducing tariffs to zero through a U.S. agreement. This development comes just days after Trump announced a 46% tariff on Vietnamese goods. The news particularly benefits Nike, which manufactures about 95% … - [Fed Powell Speaks](https://todaymarkets.ae/fed-powell-speaks/): Fed’s Chair Jerome Powell has just kicked off the press conference, commenting on U.S. economic outlook, 2 days after Trump’s retaliatory tariffs unfolded.  The confrence takes places minutes after president Trump urged Powell via his post on Truth Social platform to ‘stop playing politics’ and cut interest rates, calling it a ‘perfect time’, citing lower … - [Copper Falls More Than 5%](https://todaymarkets.ae/copper-falls-more-than-5/): COPPER dropped 6.5% during the session, hitting their lowest level since August 2024 around the 78.6% Fibonacci retracement. The market is increasingly concerned about a global slowdown triggered by a trade war, which could sharply reduce demand for copper—a key industrial metal and a barometer of economic activity. While copper is not currently subject to the … - [EUR/CAD Muted Afet Canadian Labour Market Data](https://todaymarkets.ae/eur-cad-muted-afet-canadian-labour-market-data/): 12:30 PM GMT, Canada – Employment Data for March: The Canadian dollar is not reacting significantly to the mixed data from the Canadian economy. The data is generally coming in weaker than expected, but on the other hand, the difference in the readings is not substantial enough to trigger any major moves in the currency market. Especially in the … - [U.S. NFP Report Much Stronger Than Expected](https://todaymarkets.ae/u-s-nfp-report-much-stronger-than-expected/): US Nonfarm Payrolls Actual 228k (Forecast 140k, Previous 151k, Revised 117k) US Average Earnings YoY: 3.8% (Forecast 4%, Previous 4.0%) US Labor Force Participation: 62.5% (Forecast 62.4%, Previous 62.4%) The NFP report suggests that US economy and US labour market may be still in better shape. However, situation for the US Federal Reserve is still … - [Red Red Europe As The Dax Drops to 200-Day EMA](https://todaymarkets.ae/red-red-europe-as-the-dax-drops-to-200-day-ema/): General market situation: European stock prices have plummeted after China announced the introduction of retaliatory tariffs on the US at a rate of 34%, threatening that the global tariff war will reach an even larger scale. It should be remembered that the market is still waiting for the response of the European Union, which could … - [Oil - WTI Down Over 6% While China's Response to Tariffs Continues Sell-off](https://todaymarkets.ae/oil-wti-down-over-6-while-chinas-response-to-tariffs-continues-sell-off/): The sell-off continues after China’s swift response to tariffs announced on Wednesday 📌 Wall Street sentiment remains extremely negative after China announced a 34% tariff on all goods imported from the United States. CFDs on US indices are already seeing a several percent sell-off, with the US500 down 2.80%, the US100 down 3.10% and the … - [Tariffs Takes Center Stage From NFP](https://todaymarkets.ae/tariffs-takes-center-stage-from-nfp/): Labor market report in the background amid escalation of trade war 📌 Today at 14:30 we will learn about the U.S. employment report — NFP. Under normal circumstances, this would be one of the most important reports of the month. However, now the NFP takes more of a backseat after the announcement of new retaliatory … - [Chart of The Day - VIX](https://todaymarkets.ae/chart-of-the-day-vix/): Despite the weakest since 16 March 2020 trading session on S&P 500 and secon-largest one day market cap drop, US500 fails to recover loses today, losing almost 0,5%. This situation increases hedging appetite among institutions such as option gamma dealers, as well as retail traders, which lifts VIX today. The CBOE Volatility Index (VIX) surges … - [Trade of The Day - EUR/PLN](https://todaymarkets.ae/6212-2/): Facts: Opinion: Long position at market price Recommendation: During yesterday’s press conference, NBP President Adam Glapiński surprised the market with an exceptionally dovish tone, saying directly: “I can’t be any more dovish.” Although interest rates remained unchanged at 5.75%, Glapiński clearly suggested possible cuts – two reductions of 50 basis points each later this year, … - [USD Reverse's Declines: Markets Increase Dovish Bets on Future ECB Decisions](https://todaymarkets.ae/usd-reverses-declines-markets-increase-dovish-bets-on-future-ecb-decisions/): The dollar is regaining ground against other currencies after its deepest daily decline since 2022. We see leveraged investors interested in reversing bearish dollar exposure ahead of the US NFP data and amid rising dovish bets on future ECB monetary policy decisions. Bunds are up significantly today, with 10-year yields down 10 basis points to … - [Friday's sell off is milder than Thursday’s historic sell-off](https://todaymarkets.ae/fridays-sell-off-is-milder-than-thursdays-historic-sell-off/): The stock market sell off has continued into Friday. The sell off is milder than Thursday’s historic sell off for risky assets, but it is a sign that buyers are thin on the ground as investors weigh up the consequences of President Trump’s tariff plans. US stock index futures are also pointing to a lower … - [](https://todaymarkets.ae/6205-2/): US non-farm payrolls preview The March payrolls figure seems very stale and out of date after this week’s tariff announcements. Friday’s payrolls data will not be impacted by Trump’s extreme tariffs, we will need to wait for the coming months to see how this could impact the hard US economic data, which has only moderated … - [German Industrial Orders Much Lower Than Expected](https://todaymarkets.ae/german-industrial-orders-much-lower-than-expected/): German industrial orders (February 2025) came in at 0% MoM vs 3.4% exp. and -7% previously. EURUSD loses slightly after underwhelming Germany industrial data.  Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All … - [Market Update](https://todaymarkets.ae/market-update-3/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [AUD/USD plummets below mid-0.6200s as trade-war fears lift RBA rate cut bets](https://todaymarkets.ae/aud-usd-plummets-below-mid-0-6200s-as-trade-war-fears-lift-rba-rate-cut-bets/): The AUD/USD pair comes under intense selling pressure during the Asian session on Friday and retreats further from a nearly three-week high, around the 0.6400 neighborhood touched the previous day. The steep intraday downfall drags spot prices to a fresh daily low, around the 0.6245 region in the last hour, and is sponsored by a combination … - [XAU/USD hovers near $3,100; bullish bias remains ahead of US NFP report](https://todaymarkets.ae/xau-usd-hovers-near-3100-bullish-bias-remains-ahead-of-us-nfp-report/): Gold price (XAU/USD) struggles to capitalize on the previous day’s late rebound from the $3,054 area, or a one-week low, and attracts fresh sellers during the Asian session on Friday. The commodity slid back below the $3,100 mark in the last hour, though the fundamental backdrop warrants some caution before positioning for any meaningful corrective slide … - [Cotton Closed with Limit Losses on Thursday](https://todaymarkets.ae/cotton-closed-with-limit-losses-on-thursday/): Cotton futures settled the Thursday session with contracts down the 3 cent limit in the front months, with other contracts down 260 to 284 points. Crude oil futures were $5.09/barrel lower, as the US dollar index was down $1.821 on the day. President Trump announced a large set of reciprocal tariffs on Wednesday, with Pakistan at … - [Sugar Prices Fall on Risk-Off Sentiment and Crude Oil Weakness](https://todaymarkets.ae/sugar-prices-fall-on-risk-off-sentiment-and-crude-oil-weakness/): May NY world sugar #11 (SBK25) Thursday closed down -0.48 (-2.45%), and May London ICE white sugar #5 (SWK25) closed down -9.10 (-1.65%). Sugar prices on Thursday settled sharply lower as President Trump’s reciprocal tariffs led to a risk-off sentiment in most asset markets anad concern about commodity demand.  Also, Thursday’s -6% plunge in WTI … - [NY Cocoa Prices Supported by West African Cocoa Crop Concerns](https://todaymarkets.ae/ny-cocoa-prices-supported-by-west-african-cocoa-crop-concerns/): May ICE NY cocoa (CCK25) Thursday closed up +323 (+3.60%), and May ICE London cocoa #7 (CAK25) closed down -118 (-1.74%). Cocoa prices Thursday settled mixed, with NY cocoa rising to a 1-1/4 month high.  Signs of a weak mid-crop cocoa harvest in West Africa supported cocoa prices.  According to Rabobank, late-arriving rains in the … - [Robusta Coffee Recovers on Concern Higher Tariffs on Vietnam Could Curb Robusta Supplies](https://todaymarkets.ae/robusta-coffee-recovers-on-concern-higher-tariffs-on-vietnam-could-curb-robusta-supplies/): May arabica coffee (KCK25) Thursday closed down -3.60 (-0.93%), and May ICE robusta coffee (RMK25) closed up +5 (+0.09%). Coffee prices on Thursday settled mixed.  President Trump’s reciprocal tariffs led to risk-off sentiment in most asset markets and raised concern about consumer demand, weighing on coffee prices.  However, robusta coffee shook off early losses Wednesday … - [EUR/USD lurched higher on Thursday, breaks into fresh highs on tariff tantrum](https://todaymarkets.ae/eur-usd-lurched-higher-on-thursday-breaks-into-fresh-highs-on-tariff-tantrum/): EUR/USD rallied hard on Thursday, with the Euro getting pushed higher alongside the rest of the market as the US Dollar tumbles on the heels of the Trump administration’s combined flat and “reciprocal” tariff packages that were unveiled this week.  This week, the European side of the economic data docket is relatively sparse, but a new report on … - [JPY sits near multi-month top against USD amid heightened safe-haven demand](https://todaymarkets.ae/jpy-sits-near-multi-month-top-against-usd-amid-heightened-safe-haven-demand/): The Japanese Yen (JPY) continues to attract safe-haven flows during the Asian session on Friday and remains close to a multi-month high touched against its American counterpart the previous day. Signs of broadening inflation in Japan keep the door open for further policy tightening by the Bank of Japan (BoJ). Furthermore, worries about a potential … - [USD/CAD hangs near multi-month low, below 1.4100 ahead of US/Canadian jobs data](https://todaymarkets.ae/usd-cad-hangs-near-multi-month-low-below-1-4100-ahead-of-us-canadian-jobs-data/): The USD/CAD pair remains under some selling pressure for the fourth straight day on Friday and currently trades around the 1.4070 area, down 0.15% for the day. Spot prices hang near a four-month low touched on Thursday and seem poised to heavy weekly losses, though a combination of diverging factors warrants caution for bearish traders. The … - [USD/INR holds steady as traders brace for US NFP release](https://todaymarkets.ae/usd-inr-holds-steady-as-traders-brace-for-us-nfp-release/): The Indian Rupee (INR) trades flat on Friday after gaining in the previous session. A robust recovery in local equities could provide some support to the Indian currency. Additionally, the safe haven status of the US Dollar (USD) might be diminished due to concerns about how trade policy may impact growth in the US. This, … - [AUD/USD posts modest gains above 0.6300 as Trump tariffs fuel recession fears](https://todaymarkets.ae/aud-usd-posts-modest-gains-above-0-6300-as-trump-tariffs-fuel-recession-fears/): The AUD/USD pair edges higher to around 0.6330 during the early Asian session on  Friday. The US Dollar (USD) weakens against the Australian Dollar (AUD) as US President Donald Trump’s fresh trade tariffs stoke fears of a global recession. Traders will closely monitor the US Nonfarm Payrolls data from March, which will be released later on Friday.  Worries about … - [Tariffs And OPEC Send WTI Tumbling](https://todaymarkets.ae/tariffs-and-opec-send-wti-tumbling/): Oil markets faced a punishing selloff Thursday as crude tumbled the most since 2020, hit by the double shock of President Donald Trump’s sweeping tariff announcement and OPEC+’s unexpected decision to accelerate production increases. West Texas Intermediate (OIL.WTI) futures plunged as much as 7.4% to trade below $67 a barrel, while global benchmark Brent (OIL) plummeted over 7% … - [US100 Tumbles in Massive Sell-off](https://todaymarkets.ae/us100-tumbles-in-massive-sell-off/): Wall Street Rocked by “Liberation Day” Tariffs as Trade War Fears Overwhelm Markets Global markets tumbled Thursday as the repercussions from Donald Trump’s sweeping tariff offensive spread worldwide, erasing approximately $2 trillion from the S&P 500 and triggering a flight to fixed-income havens. US equities and the dollar bore the brunt of selling amid growing … - [No Liberation Day For U.S Indices as The Sell-off Continues](https://todaymarkets.ae/no-liberation-day-for-u-s-indices-as-the-sell-off-continues/): Major US index futures are showing significant declines following President Trump’s sweeping tariff announcement. The S&P 500 (US500) is down -1.27% to 5513.0, while the Dow (US30) is down -1.93% to 41214. Nasdaq futures (US100) are showing a decline of -0.79% to 18960.76, and the Russell 2000 (US2000) is down -0.67% to 1962.9. The VIX … - [Trade of The Day - US100](https://todaymarkets.ae/trade-of-the-day-us100-3/): Facts Recommendation Short position on US100 at market price Opinion The technology sector appears particularly vulnerable to the negative consequences of tariffs and global trade restrictions. Increasing investor uncertainty signals that markets are seriously concerned about the outlook for U.S. companies — especially regarding their exposure to the Chinese market. The technical setup for Nasdaq … - [U.S Jobless Claims Lower Higher Than Expected](https://todaymarkets.ae/u-s-jobless-claims-lower-higher-than-expected/): 12:30 PM GMT, United States – Employment Data: The number of Americans continuing to receive unemployment benefits has reached its highest point since November 2021, suggesting that unemployed individuals are finding it harder to reenter the workforce. Continuing claims, which reflect the total number of people still receiving benefits, rose to 1.9 million for the week … - [Stock of The Week - Johnson & Johnson](https://todaymarkets.ae/stock-of-the-week-johnson-johnson/): Johnson & Johnson (JNJ.US) shares are under pressure following a significant legal setback, as a federal bankruptcy judge rejected the company’s third attempt to use bankruptcy proceedings to resolve thousands of talc-related lawsuits. This ruling sent shares tumbling by as much as 5.6% in a single day, marking the stock’s biggest intraday decline since March … - [U.S. Layoffs in Challenger Report With The Highest Number Since 2020](https://todaymarkets.ae/u-s-layoffs-in-challenger-report-with-the-highest-number-since-2020/): US March Challenger layoffs 275.24k vs 172.02k prior In March, U.S. employers announced a significant increase in planned layoffs — over 60% more than in February — reaching 275,240, the highest figure since the pandemic. According to Challenger, the number of layoffs in Q1 reached 497,052 — the most since the first quarter of 2009. … - [XAU Down 1.4% While XAG Tumbles 4% Amid Profit Taking](https://todaymarkets.ae/xau-down-1-4-while-xag-tumbles-4-amid-profit-taking/): Gold is down almost 1% today falling below $3100 level. Yesterday Trump’s massive tariffs plan increases uncertainty, however it didn’t apply to certain goods, including energy, copper, gold and other certain minerals that are not available in the United States. The US COMEX vaults are ‘full’ after huge imports from Europe, and US administration decision suggests that … - [Maersk Shares Slide 9% Amid Global Trade Worries](https://todaymarkets.ae/maersk-shares-slide-9-amid-global-trade-worries/): Shares of the world-largest shipping company, Danish AP Moeller Maersk (MAERSKA.DK) lose almost 10% today as investors are worried about trade war, curbing global trade volumes and GDP growth. Also, uncertainty around the US and global economy poses risks to the broad shipping sector. Not only Maersk, but also German Hapag Lloyd shares (HLAG.DE) lose … - [EUR/USD Sees It's Largest Daily Gain Since 2015](https://todaymarkets.ae/eur-usd-sees-its-largest-daily-gain-since-2015/): 📉Dollar in a trap after rapid tariff changes Euro is up today on the wave of weakness of the US dollar, which is being harmed by growing fears of a recession in the United States, caused by the drastic customs tariffs announced yesterday by Donald Trump. EURUSD is gaining the most in many years. Since … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-7/): A day after “Liberation Day”, EURUSD has officially erased the entire Trump Trade, which had driven the U.S. dollar higher up until the January inauguration of the American president. The cautious pricing of Trumpian protectionism, as well as the presumed market-friendly stance of Trump, have proven to be off the mark, opening the door for investors … - [Shibarium, built for the Shiba Inu blockchain, reaches 1 billion in transactions in 18 months after its launch](https://todaymarkets.ae/shibarium-built-for-the-shiba-inu-blockchain-reaches-1-billion-in-transactions-in-18-months-after-its-launch/): Shibarium, a Layer-2 blockchain for the Shiba Inu ecosystem, has reached 1 billion transactions 18 months after its launch. This milestone reflects Shibarium’s growing adoption and robust performance, with 1 billion transactions and 10 million blocks without major outages. This achievement highlights SHIB’s ecosystem utility, supports its burn mechanism, and may drive long-term value through … - [Hackers are selling counterfeit phones with crypto-stealing malware](https://todaymarkets.ae/hackers-are-selling-counterfeit-phones-with-crypto-stealing-malware/): Cybersecurity firm Kaspersky says it has uncovered thousands of counterfeit Android smartphones sold online with preinstalled malware designed to steal crypto and other sensitive data.  The Android devices are sold at reduced prices, cybersecurity firm Kaspersky Labs said in an April 1 statement, but are riddled with a version of the Triada Trojan that infects … - [Cotton Closed Lower on Wednesday, as Reciprocal Tariffs Announced](https://todaymarkets.ae/cotton-closed-lower-on-wednesday-as-reciprocal-tariffs-announced/): Cotton futures were weaker on Wednesday, with contracts closing down 40 to 47 points. Crude oil futures are back down 48 cents/barrel, as the US dollar index was $0.614 lower on the day, mostly coming following the tariff announcement.  President Trump’s “Liberation Day” tariffs came with reciprocal tariffs on Pakistan at 29%, Vietnam at 46%, and … - [Tariff's, Stocks And The Impact](https://todaymarkets.ae/tariffs-stocks-and-the-impact/): Trump’s tariff grenade hits the global economy There has been a big response from financial markets to the reciprocal tariff announcement in the US. European equities are lower across the board, the Eurostoxx index is down 2% and the FTSE 100 is down 1.2%. Asian stocks were mixed. The Nikkei was lower by 2.77%, the … - [Sugar Prices Finish Higher as Dollar Weakness Stokes Short Covering](https://todaymarkets.ae/sugar-prices-finish-higher-as-dollar-weakness-stokes-short-covering/): May NY world sugar #11 (SBK25) Wednesday closed up +0.24 (+1.24%), and May London ICE white sugar #5 (SWK25) closed up +7.00 (+1.28%). Sugar prices Wednesday rose to 1-week highs and settled moderately higher due to a weaker dollar.  The dollar index (DXY00) on Wednesday fell to a 1-1/2 week low, spurring short covering in … - [Cocoa Prices Sharply Higher on West African Cocoa Mid-Crop Concerns](https://todaymarkets.ae/cocoa-prices-sharply-higher-on-west-african-cocoa-mid-crop-concerns/): May ICE NY cocoa (CCK25) Wednesday closed up +791 (+9.67%), and May ICE London cocoa #7 (CAK25) closed up +469 (+7.44%). Cocoa prices Wednesday surged to 1-month highs on signs of a weak mid-crop cocoa harvest in West Africa.  According to Rabobank, late-arriving rains in the region have limited crop growth, and recent cocoa farmer … - [Coffee Prices Consolidate Above Recent Lows](https://todaymarkets.ae/coffee-prices-consolidate-above-recent-lows/): May arabica coffee (KCK25) Wednesday closed down -0.20 (-0.05%), and May ICE robusta coffee (RMK25) closed down -6 (-0.11%). Coffee prices Wednesday posted modest losses as they consolidated above Tuesday’s 2-month lows.  Coffee prices have been the defensive over the past week, with arabica falling to a 2-month nearest-futures low Tuesday and robusta dropping to … - [XAG/USD falls to near $33.00, further consolidation cannot be ruled out](https://todaymarkets.ae/xag-usd-falls-to-near-33-00-further-consolidation-cannot-be-ruled-out/): The Silver price (XAG/USD) falls to near $33.15 during the early European session on Thursday, pressured by some profit-taking. Nonetheless, the downside for the white metal might be limited as US President Donald Trump announced sweeping new global tariffs on Wednesday, raising the fears of a widening trade war.  According to the daily chart, the bullish trend of Silver remains … - [GBP rallies against US Dollar as Trump tariffs stoke recession fears](https://todaymarkets.ae/gbp-rallies-against-us-dollar-as-trump-tariffs-stoke-recession-fears/): The Pound Sterling (GBP) surges above 1.3100 against the US Dollar (USD) during the European trading hours on Thursday, the highest level seen in almost six months. The GBP/USD pair soars as the US Dollar plummets after United States (US) President Donald Trump unveils worse-than-expected tariffs for his trading partners.  The US Dollar Index (DXY), which tracks … - [Economic Calendar - Services PMI, Jobless Claims And U.S. Trade Balance](https://todaymarkets.ae/economic-calendar-services-pmi-jobless-claims-and-u-s-trade-balance/): The bubble of emotions that had been building with every minute of anticipation for “Liberation Day” and the announcement of retaliatory tariffs has finally burst. However, the end of the week will not be lacking in key data for the EU, U.S., and Canada, further moving the market. In addition to a series of PMI reports … - [Swiss CPI Below Expectations](https://todaymarkets.ae/swiss-cpi-below-expectations/): 06:30 AM GMT, Switzerland – Inflation Data for March: The Swiss consumer prices remained unchaned in March 2025 compared to the previous month, with YoY inflation stabilisaing at the 0.3% mark from the last reading. “Prices for international package holidays and for daily and periodical subscriptions increased, along with those for clothing and footwear. In contrast, prices for supplementary … - [USD/INR rises as Trump imposes a 26% tariff directed at India](https://todaymarkets.ae/usd-inr-rises-as-trump-imposes-a-26-tariff-directed-at-india/): The Indian Rupee (INR) remains under selling pressure on Thursday, pressured by the weakening in Asian equity and currency markets after US President Donald Trump imposed broad-based tariffs. Trump said on Wednesday that he would impose 26% tariffs on imports from India effective from April 9, a component of his comprehensive plan to place duties … - [XAU/USD remains unabated; fresh record highs being set amid risk-off mood](https://todaymarkets.ae/xau-usd-remains-unabated-fresh-record-highs-being-set-amid-risk-off-mood/): Gold price (XAU/USD) shot to a fresh record high during the Asian session on Thursday as investors rushed to take refuge in traditional safe-haven assets amid the risk-off impulse. US President Donald Trump announced sweeping reciprocal tariffs on Wednesday evening, sparking concerns about global economic growth and a recession in the US. This, in turn, sparked … - [U.S. Stocks Reversing an Initial Sell-off](https://todaymarkets.ae/u-s-stocks-reversing-an-initial-sell-off/): 🚨Wall Street lifts sentiment ahead of Trump’s speech at 08:00 pm GMT Investors are returning to US stocks and reversing an initial sell-off in anticipation of ‘Liberation Day’, during which US President Donald Trump will unveil a completely new US tariff policy, announcing tariffs on an unspecified number of countries and goods. All these elements … - [Tesla Shares Down 4% as Deliveries Disappoint Wall Street](https://todaymarkets.ae/tesla-shares-down-4-as-deliveries-disappoint-wall-street/): Tesla (TSLA.US) reported today Q1 deliveries number which came in much lower than anticipated numbers on Wall Street. Deliveries came in at 336,681 vs 408,000 exp. by FactSet analysts, falling 13% on a yearly basis. Those are the lowest number in 2 years.Total production came in at 362,615 cars, down due to Tesla Y production line changes. Today … - [GBP trades firmly ahead of EU-UK trade summit](https://todaymarkets.ae/gbp-trades-firmly-ahead-of-eu-uk-trade-summit/): The Pound Sterling (GBP) trades higher against its major peers, except the Euro (EUR), at the start of the week. The British currency moves higher ahead of the European Union (EU)-United Kingdom (UK) trade summit in London on Monday. Investors will pay close attention to a potential trade deal as it will strengthen economic ties … - [Bitcoin, Ethereum, Ripple: BTC, ETH and XRP breakout or fake-out? Momentum tools flash weakness](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-breakout-or-fake-out-momentum-tools-flash-weakness/): Bitcoin (BTC) trades slightly lower on Monday after breaking above key resistance at $105,000 on Sunday, raising concerns of a potential bull trap. Meanwhile, Ethereum (ETH) and Ripple (XRP) hold near crucial support levels; a decisive close below their support levels could trigger a deeper correction. Moreover, these top cryptocurrencies’ momentum indicators flash weakness as the broader crypto … - [Bitcoin’s final countdown to 109K? Counting with caution](https://todaymarkets.ae/bitcoins-final-countdown-to-109k-counting-with-caution/): iangle… up above the sky!” In our previous update, we highlighted a contracting triangle forming between 91K–95K, anticipating a breakout toward the 98K–100K zone. That played out well — Bitcoin rallied to 97,944 as Yellow Wave-1, just shy of the 98K mark. As expected, it faced resistance and pulled back again holding the important support 90-92 K range. This zone aligned exactly as … - [WTI sticks to modest intraday losses around $61.70, moves little after mixed Chinese data](https://todaymarkets.ae/wti-sticks-to-modest-intraday-losses-around-61-70-moves-little-after-mixed-chinese-data/): West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on Friday’s move higher and attract fresh sellers at the start of a new week. The commodity, however, recovers slightly from the Asian session low and currently trades around the $61.70-$61.65 region, still down nearly 0.40% for the day. The uncertainty over the outcome of Iran-US … - [Economic Calendar - EU Inflation in The Spotlight](https://todaymarkets.ae/economic-calendar-eu-inflation-in-the-spotlight/): Monday’s economic calendar is typically light. The overnight data from China carry the most weight for market sentiment and FX: they once again highlight the problem that Chinese industrial success is occurring despite a weak domestic consumer, underlining how crucial the ongoing trade‑talks are for global activity. From a central‑bank and monetary‑policy perspective, the final … - [Week Ahead: A US debt downgrade and UK CPI](https://todaymarkets.ae/week-ahead-a-us-debt-downgrade-and-uk-cpi/): This week we should be talking about how in May, US equities have  outperformed their European counterparts. However, instead the focus will be on the US credit rating downgrade from Moody’s that was announced late on Friday night. The US credit rating agency is the last of the major agencies to downgrade the US from … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-12/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [USD/CHF trades near 0.8350, pulls back from recent gains due to market caution](https://todaymarkets.ae/usd-chf-trades-near-0-8350-pulls-back-from-recent-gains-due-to-market-caution/): USD/CHF is retreating from gains made in the previous session, trading near 0.8360 during Asian hours on Monday. The decline follows a surprise downgrade of the US government’s credit rating, which sparked renewed selling in the US fixed income market. Moody’s has downgraded the US credit rating by one notch—from Aaa to Aa1—citing surging debt … - [USD/INR rises on strong importer demand, foreign fund outflows](https://todaymarkets.ae/usd-inr-rises-on-strong-importer-demand-foreign-fund-outflows/): The Indian Rupee (INR) remains subdued against the US Dollar (USD) on Monday, continuing its losing streak for the sixth successive day. Moreover, fresh USD demand from importers and ongoing foreign fund outflows continue to weigh on the INR.  However, the upside of the USD/INR pair could be limited as the US Dollar (USD) came under renewed pressure following … - [XAG/USD remains below $32.50, upside seems possible due to US economic uncertainty](https://todaymarkets.ae/xag-usd-remains-below-32-50-upside-seems-possible-due-to-us-economic-uncertainty/): Silver price (XAG/USD) extends its losses for the second successive session, trading around $32.30 per troy ounce during the Asian hours on Monday. While silver prices have recently faced downward pressure, the downside may be limited due to rising demand for safe-haven assets, spurred by growing concerns over the US economic outlook and fiscal stability. … - [EUR/USD Seems vulnerable below 1.1200, 200-period SMA on H4 holds the key](https://todaymarkets.ae/eur-usd-seems-vulnerable-below-1-1200-200-period-sma-on-h4-holds-the-key/): The EUR/USD pair ticks higher at the start of a new week amid a softer US Dollar (USD), though it lacks bullish conviction and remains below the 1.1200 round figure through the Asian session. From a technical perspective, last week’s breakdown below the 200-period Simple Moving Average (SMA) on the 4-hour chart was seen as a key trigger for … - [USD/CAD holds steady above mid-1.3900s amid mixed cues; remains confined in a familiar range](https://todaymarkets.ae/usd-cad-holds-steady-above-mid-1-3900s-amid-mixed-cues-remains-confined-in-a-familiar-range/): The USD/CAD pair struggles to gain any meaningful traction during the Asian session on Monday and remains confined in a familiar range held over the past week or so. Spot prices currently trade around the 1.3965-1.3970 region, nearly unchanged for the day amid mixed fundamental cues. Crude Oil prices kick off the new week on a softer … - [AUD/USD holds steady above 0.6400 following Chinese data release](https://todaymarkets.ae/aud-usd-holds-steady-above-0-6400-following-chinese-data-release/): The AUD/USD pair kicks off the new week on a subdued note and consolidates just above the 0.6400 round-figure mark during the Asian session. Moreover, spot prices remain confined in a familiar range held over the past month or so as traders await a fresh catalyst before positioning for the next leg of a directional … - [NZD/USD sticks to modest intraday gains below 0.5900 amid softer USD](https://todaymarkets.ae/nzd-usd-sticks-to-modest-intraday-gains-below-0-5900-amid-softer-usd/): The NZD/USD pair attracts some dip-buyers during the Asian session on Monday amid a modest US Dollar (USD) weakness, though it seems to struggle to capitalize on the move beyond the 0.5900 mark. Investors seem convinced that the Federal Reserve (Fed) will cut interest rates further amid signs of easing inflationary pressures and the likelihood that the US economy … - [Gold price struggles to capitalize on modest intraday gains to $3,250 area](https://todaymarkets.ae/gold-price-struggles-to-capitalize-on-modest-intraday-gains-to-3250-area/): Gold price (XAU/USD) attracts buyers during the Asian session on Monday as a surprise downgrade of the US government’s credit rating tempers investors’ appetite for riskier assets and boosts demand for traditional safe-haven assets. Furthermore, US Treasury Secretary Scott Bessent’s reaffirmation of President Donald Trump’s tariff threats lends additional support to the bullion. Meanwhile, bets that … - [USD/CHF limited upside as tariff uncertainty weighs on sentiment](https://todaymarkets.ae/usd-chf-limited-upside-as-tariff-uncertainty-weighs-on-sentiment/): The USD/CHF pair is trading higher on Friday, testing a significant resistance zone near 0.8380 as traders digest mixed economic signals from the United States and ongoing global trade tensions. Despite a modest 0.28% gain on the day, the pair’s upside remains constrained by broader concerns over US economic resilience and tariff policy uncertainty. The US Dollar … - [EUR/USD price analysis: Pair drifts lower amid bearish pressure](https://todaymarkets.ae/eur-usd-price-analysis-pair-drifts-lower-amid-bearish-pressure/): The EUR/USD pair is under modest selling pressure on Friday, moving near the lower end of its daily range around the 1.1100 zone. This positioning reflects a bearish tone, reinforced by a cluster of short-term technical indicators that favor downside momentum, despite some mixed signals from longer-term trends. As the European session wraps up, traders appear cautious, … - [Gold - XAU/USD price plummets over 4% this week as risk sentiment improves](https://todaymarkets.ae/gold-xau-usd-price-plummets-over-4-this-week-as-risk-sentiment-improves/): Gold prices fell by more than 1.50% on Friday and are set to end the week with losses of over 4% as an improvement in market mood prompted investors to sell the precious metal in favor of riskier assets. At the time of writing, the XAU/USD trades at $3,187 after hitting a daily high of … - [WTI crude oil rebounds above $61 as bulls defend $55 base, upside capped by Iran, OPEC+ supply risk](https://todaymarkets.ae/wti-crude-oil-rebounds-above-61-as-bulls-defend-55-base-upside-capped-by-iran-opec-supply-risk/): West Texas Intermediate (WTI) crude oil is trading around $62 on Friday ahead of the weekend, staging a modest rebound after snapping a two-day losing streak. The US Oil found renewed buying interest following a retest of the $55 support zone, where a potential double-bottom structure has formed on the daily chart. While the short-term technical picture … - [Canadian Dollar backslides once again, remains range-bound](https://todaymarkets.ae/canadian-dollar-backslides-once-again-remains-range-bound/): The Canadian Dollar (CAD) continued its back-and-forth pattern against the US Dollar (USD) on Friday. The Loonie pared away the previous day’s gains and kept USD/CAD pinned near the 1.4000 handle. Global market attention remains firmly transfixed on the Trump administration’s constantly changing trade policy strategy, keeping investor risk appetite trapped in an on-again, off-again cycle. The latest round … - [NZD/USD steadies near 0.5890 after data-driven rebound, but broader bias remains weak](https://todaymarkets.ae/nzd-usd-steadies-near-0-5890-after-data-driven-rebound-but-broader-bias-remains-weak/): NZD/USD is trading slightly higher near 0.5890 during early Friday trading, recovering from recent losses as upbeat domestic data supports the Kiwi. The pair snapped a two-day slide, buoyed by an improvement in local manufacturing and a rise in inflation expectations, while market action remains largely muted across G10 currencies. The New Zealand Dollar is … - [Mexican Peso set for weekly gains as weak US data offsets Banxico's rate cut](https://todaymarkets.ae/mexican-peso-set-for-weekly-gains-as-weak-us-data-offsets-banxicos-rate-cut/): The Mexican Peso (MXN) erases its previous losses against the US Dollar (USD) on Friday and Is set to finish the week with gains. A day ago, Banco de Mexico (Banxico) reduced the main reference rate, though it failed to weigh on the Mexican currency, which has gained some steam following weak US economic data. At the … - [Dow Jones Industrial Average finds fresh weekly highs as investor sentiment holds firm](https://todaymarkets.ae/dow-jones-industrial-average-finds-fresh-weekly-highs-as-investor-sentiment-holds-firm/): The Dow Jones Industrial Average (DJIA) stepped into fresh weekly highs on Friday after investors shrugged off the second-worst print from the University of Michigan’s (UoM) Consumer Sentiment Index on record. Market sentiment remains on the high side as traders hope for further clarity on trade from the Trump administration and a continued easing of President Donald … - [NZD/JPY price analysis: Cross struggles to maintain upward momentum](https://todaymarkets.ae/nzd-jpy-price-analysis-cross-struggles-to-maintain-upward-momentum/): The NZD/JPY pair is attempting to hold on to modest gains as it trades near the 85.70 zone ahead of the Asian session on Friday. Despite the slight uptick, the broader technical picture remains tilted to the downside, reflecting the influence of longer-term bearish signals that have kept the pair within a tight range recently. … - [Moody's downgrades US debt to AA1, citing rising interest costs and unsustainable debt growth](https://todaymarkets.ae/moodys-downgrades-us-debt-to-aa1-citing-rising-interest-costs-and-unsustainable-debt-growth/): Moody’s Ratings agency downgraded the US’s sovereign debt credit rating after the market close on Friday. According to Moody’s, the US is facing rising debt funding costs that far exceed those of similar government debt loads. Moody’s specifically highlighted US interest obligations “that are significantly higher than similarly rated sovereigns”. Moody’s has lost faith that … - [XAG/USD slips as US yields rebound, hovers below $32.50](https://todaymarkets.ae/xag-usd-slips-as-us-yields-rebound-hovers-below-32-50/): Silver prices edged lower on Friday, with losses of over 1%, set to end the week on a negative note amid rising US Treasury yields, which staged a comeback late during the North American session. XAG/USD trades at $32.26 after hitting a daily peak of $32.68 at the time of writing. XAG/USD Price Forecast: Technical outlook … - [AUD/USD steadies as traders await RBA decision](https://todaymarkets.ae/aud-usd-steadies-as-traders-await-rba-decision/): The AUD/USD pair is trading around the 0.6400 level during European trading hours on Friday, reflecting a broadly neutral tone as traders await the Reserve Bank of Australia (RBA) interest rate decision next week. The US Dollar Index (DXY) is holding near 101.00, up modestly after a week of mixed US economic data. Despite this, the Australian Dollar … - [AUD/NZD price analysis: Cross struggles to hold gains amid mixed signals](https://todaymarkets.ae/aud-nzd-price-analysis-cross-struggles-to-hold-gains-amid-mixed-signals/): The AUD/NZD pair is experiencing mild selling pressure on Friday, hovering near the 1.0900 zone as the market approaches the Asian session. Despite the minor losses, the broader technical outlook remains constructive, with several key indicators aligning to support the pair’s upward trajectory. However, conflicting short-term signals suggest that further gains may face headwinds, as … - [GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD](https://todaymarkets.ae/gbp-usd-slips-below-1-33-as-us-consumer-sentiment-turns-negative-boosts-usd/): The Pound Sterling (GBP retreats against the US Dollar (USD) during the North American session, poised to end the week with minimal losses of over 0.24%. An absent economic docket in the United Kingdom (UK) on Friday left traders adrift to United States (US) data, which revealed that consumers are becoming pessimistic about the economy. GBP/USD trades at … - [Crude Prices Settle Higher on Diminished Prospects for a US-Iran Nuclear Deal](https://todaymarkets.ae/crude-prices-settle-higher-on-diminished-prospects-for-a-us-iran-nuclear-deal/): June WTI crude oil (CLM25) Friday closed up +0.87 (+1.41%) and June RBOB gasoline (RBM25) closed up +0.0074 (+0.25%). Crude oil and gasoline prices on Friday settled higher after Iran’s foreign minister expressed doubts about the status of nuclear talks with the US.  Gains in crude were limited Friday by a stronger dollar, and after … - [Cooler US Temps Push Nat-Gas Prices Lower](https://todaymarkets.ae/cooler-us-temps-push-nat-gas-prices-lower/): June Nymex natural gas (NGM25) on Friday closed down by -0.028 (-0.83%). June nat-gas prices on Friday slid to a fresh 2-week low on the outlook for cooler US spring temperatures that will dampen nat-gas demand from electricity providers to power air conditioning.  On Friday, forecaster Atmospheric G2 said temperatures will be below normal for … - [Cotton Fades Lower into Friday's Close](https://todaymarkets.ae/cotton-fades-lower-into-fridays-close/): Cotton futures ended the Friday session with contracts down 50 to 70 points, as July fell 172 points this week. New crop saw less pressure, down just 100 points. Crude oil prices were up $0.79/barrel. The US dollar index was back up $0.111 to $100.840. The weekly CFTC report showed money managers in cotton futures … - [Sugar Prices Fall on the Outlook for Ample Global Supplies](https://todaymarkets.ae/sugar-prices-fall-on-the-outlook-for-ample-global-supplies/): July NY world sugar #11 (SBN25) Friday closed down -0.15 (-0.85%), and August London ICE white sugar #5 (SWQ25) closed down -2.90 (-0.59%). Sugar prices on Friday tumbled to 1-week lows on expectations for a global sugar surplus.  On Wednesday, consultant Datagro projected a 2025/26 global sugar surplus of +1.53 MMT, recovering sharply from a … - [Cocoa Prices Soar on West African Weather Woes](https://todaymarkets.ae/cocoa-prices-soar-on-west-african-weather-woes/): July ICE NY cocoa (CCN25) Friday closed up +641 (+6.25%), and July ICE London cocoa #7 (CAN25) closed up +385 (+5.24%). Cocoa prices soared Friday, with NY cocoa posting a 3-1/4 month nearest-futures high and London cocoa posting a 3-month high.  Weather concerns in West Africa are the latest bullish factor to push cocoa prices … - [Coffee Prices Retreat as the Supply Situation Improves](https://todaymarkets.ae/coffee-prices-retreat-as-the-supply-situation-improves/): July arabica coffee (KCN25) Friday closed down -9.35 (-2.49%), and July ICE robusta coffee (RMN25) closed down -106 (-2.13%). Coffee prices on Friday fell sharply, with robusta posting a 5-week low.  Signs of bigger coffee supplies are weighing on prices after Safras Mercado on Friday reported that Brazil’s 2024/25 coffee sales were 97% done as … - [Cattle Head Into the Weekend with Gains](https://todaymarkets.ae/cattle-head-into-the-weekend-with-gains/): Live cattle futures rebounded higher into the weekend, with contracts up 90 cents to $1.30, as June slipped back $2.45 this week. Cash action kicked off on Thursday, with Southern sales of $218-220, steady, and $229 in the north. Feeder cattle futures posted gains of 65 cent to $1.80 on Friday, with May feeders down … - [Wheat Fades Lower into the Weekend, As Specs Add to Shorts](https://todaymarkets.ae/wheat-fades-lower-into-the-weekend-as-specs-add-to-shorts/): The wheat market ended the week with Friday weakness. Chicago SRW futures closed out the day with losses of 7 to 8 cents this week, as July managed to gain 3 ¼ cents this week. Kansas City HRW contracts fell 11 to 12 cents on Friday, with a weekly loss of just a penny. Minneapolis … - [Corn Closes the Week on a Lower Note, as Specs Flip Bearish](https://todaymarkets.ae/corn-closes-the-week-on-a-lower-note-as-specs-flip-bearish/): Corn futures closed out the Friday session on a weaker note, with contracts down 3 to 5 cents. July slipped back 6 ¼ cents on the week, with December falling in unison and down 6 ½ cents.   The front month CmdtyView national average Cash Corn price was down 4 1/2 cents at $4.15 ½. The Friday afternoon … - [Soybeans Post Mixed Action](https://todaymarkets.ae/soybeans-post-mixed-action/): The soybean market posted nearby losses of 1 to 2 cents on Friday, with July down 1 ¾ cents on the week. New crop contracts were fractionally higher, with November up a nickel this week. The cmdtyView Cash Bean price was down 1 3/4 cents to $10.00 ¼. Soymeal futures were down $4.60/ton on the day, as July was … - [Mixed Performance in European Markets](https://todaymarkets.ae/mixed-performance-in-european-markets/): European markets are showing mixed performance today, with a majority of indices trading in positive territory despite weakness in some major markets. Switzerland’s SUI20 leads the gains with a strong 1.01% rise to 12334, while Germany’s DE40 follows with a 0.57% increase to 23931.3. Poland’s W20 is also performing well, up 0.50% to 2836.6, and … - [Trade of The Day - GBP/USD](https://todaymarkets.ae/trade-of-the-day-gbp-usd/): Recommendation: Opinion: The GBPUSD presents a compelling short opportunity with converging technical and fundamental signals pointing to downside pressure. With RSI at 55.5 showing bearish divergence and MACD at 0.00356 on the verge of a bearish crossover, momentum indicators are signaling a potential reversal. The recent US-China trade deal announced May 12th has significantly shifted … - [Stock Markets Take a Breather, Can The Recovery Continue?](https://todaymarkets.ae/stock-markets-take-a-breather-can-the-recovery-continue/): The chief driver of global markets this week has been improving US trade relations, especially with China. However, as we end the week, this is fading. On Thursday, the powerful uptrend in the Nasdaq took a breather, for the first time this week. Nvidia also fell slightly on Thursday, however, the chip maker has surged … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy/): The dollar weakened against the yen, with USD/JPY falling 0.8% to 145.20 as markets responded to softer U.S. inflation data and Japan’s surprisingly resilient GDP growth of 0.2% in Q1, which significantly outperformed expectations of a 1.1% contraction. Diverging Central Bank Policies BoJ Deputy Governor Shinichi Uchida reaffirmed the central bank’s hawkish stance, stating they … - [Economic Calendar - U.S. Housing Data, Consumer Sentiment And EU Forecasts in Focus](https://todaymarkets.ae/economic-calendar-u-s-housing-data-consumer-sentiment-and-eu-forecasts-in-focus/): Today’s economic calendar features key US housing market data and consumer sentiment readings, alongside EU economic forecasts and trade balance figures. Markets will closely watch the Michigan consumer sentiment and inflation expectations for insights into how recent trade developments might be affecting consumer outlook, particularly after yesterday’s mixed PPI figures. Key Economic Data (BST) 10:00 … - [USD/CAD Extends the range play below 200-day SMA, 1.4000 mark](https://todaymarkets.ae/usd-cad-extends-the-range-play-below-200-day-sma-1-4000-mark/): The USD/CAD pair attracts some sellers for the second straight day on Friday, though it remains confined in a range held since the beginning of this week. Spot prices currently trade just below mid-1.3900s, down over 0.10% for the day amid a combination of negative factors. The softer US macro data released on Thursday reaffirmed market bets for … - [USD/CHF extends downside below 0.8350 on soft inflation reports](https://todaymarkets.ae/usd-chf-extends-downside-below-0-8350-on-soft-inflation-reports/): The USD/CHF pair extends the decline to around 0.8340 during the early European session on Friday. Soft US producer prices and consumer inflation weigh on the US Dollar (USD). Later on Friday, investors will focus on the release of the Swiss Producer and Import Prices report for April. The US Producer Price Index (PPI) rose 2.4% YoY in April, … - [Asian markets end the week mixed](https://todaymarkets.ae/asian-markets-end-the-week-mixed/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [EUR/JPY Tests support zone near 162.50, ascending channel’s lower boundary](https://todaymarkets.ae/eur-jpy-tests-support-zone-near-162-50-ascending-channels-lower-boundary/): EUR/JPY extends its losing streak for the third successive session, trading around 162.80 during the Asian hours on Friday. Technical analysis of the daily chart shows the currency cross remains within an ascending channel, suggesting a bullish bias is in play. However, EUR/JPY has slipped below the nine-day Exponential Moving Average (EMA), signaling weakening short-term momentum. Meanwhile, … - [GBP/USD drifts higher above 1.3300 on softer US Dollar, upbeat UK GDP data](https://todaymarkets.ae/gbp-usd-drifts-higher-above-1-3300-on-softer-us-dollar-upbeat-uk-gdp-data/): The GBP/USD pair edges higher to around 1.3310 during the Asian trading hours on Friday. The Greenback weakens against the Pound Sterling (GBP) as downside surprises in the US economic data this week raise bets of more Federal Reserve (Fed) rate cuts this year. Traders will keep an eye on the preliminary University of Michigan Consumer Sentiment Index, along with … - [EUR/USD rebounds to near 1.1200 ahead of UoM Consumer Sentiment Index release](https://todaymarkets.ae/eur-usd-rebounds-to-near-1-1200-ahead-of-uom-consumer-sentiment-index-release/): EUR/USD has recovered its daily losses, trading around 1.1200 during the Asian hours on Friday. The pair receives support as the US Dollar (USD) weakens following the recent economic data released on Thursday. The US Producer Price Index (PPI) rose 2.4% year-over-year in April, easing from the 2.7% increase in March and falling short of the market expectation of 2.5%. … - [XAU/USD: Gold stalls recovery from over one-month low near 200-period SMA on H4](https://todaymarkets.ae/xau-usd-gold-stalls-recovery-from-over-one-month-low-near-200-period-sma-on-h4/): Gold price (XAU/USD) struggles to capitalize on the previous day’s strong recovery move from the $3,120 region, or the lowest level since April 10, and attracts some sellers during the Asian session on Friday. The US-China trade truce for 90 days has eased some of the pressure on global markets and is seen as a key … - [Corn bookings exceeding the trade expectations](https://todaymarkets.ae/corn-bookings-exceeding-the-trade-expectations/): The corn market closed the Thursday session with July up 3 cents, as Export Sales data was supportive. New crop contracts were down 1 to 3 cents. The nearby CmdtyView national average Cash Corn price was up 3 ¼ cents at $4.20. Export Sales data from this morning showed corn bookings exceeding the trade expectations of 0.9 … - [Wheat Maintains Strength](https://todaymarkets.ae/wheat-maintains-strength/): osted higher trade on Thursday, with all three exchanges gaining steam.  Chicago SRW futures were up 7 to 8 cents across most contracts at the close. Kansas City HRW futures saw contracts close 5 to 6 cents higher. Minneapolis spring wheat futures posted gains of 2 to 3 cents to bounce from the recent pressure.  … - [AUD strengthens as US Dollar struggles on rising odds of Fed rate cuts](https://todaymarkets.ae/aud-strengthens-as-us-dollar-struggles-on-rising-odds-of-fed-rate-cuts/): The Australian Dollar (AUD) halts its two-day losing streak against the US Dollar (USD) on Friday. The risk-sensitive AUD/USD pair benefits from easing global trade tensions. A preliminary agreement between the US and China has been reached, with the US set to lower tariffs on Chinese goods from 145% to 30%, while China will cut tariffs on … - [JPY advances to fresh weekly top against USD despite weaker GDP](https://todaymarkets.ae/jpy-advances-to-fresh-weekly-top-against-usd-despite-weaker-gdp/): The Japanese Yen (JPY) scales higher against its American counterpart for the fourth straight day and touches a fresh weekly top during the Asian session on Friday. The JPY buying remains unabated following Japan’s weaker-than-expected Q1 GDP print amid the growing acceptance that the Bank of Japan (BoJ) will hike interest rates again. Furthermore, trade … - [USD/INR tumbles as crude oil prices fall](https://todaymarkets.ae/usd-inr-tumbles-as-crude-oil-prices-fall/): The Indian Rupee (INR) recovers some lost ground, snapping the three-day losing streak on Friday. A fall in crude oil prices amid reports that the US and Iran are getting closer to a deal on the country’s nuclear program provides some support to the INR. It’s worth noting that India is the world’s third-largest oil consumer, and … - [Japan’s GDP contracts 0.2% QoQ in Q1 2025 vs -0.1 expected](https://todaymarkets.ae/japans-gdp-contracts-0-2-qoq-in-q1-2025-vs-0-1-expected/): The Japanese economy contracted by 0.2% over the quarter in the first quarter (Q1) of 2025, following a growth of 0.6% in the final quarter of 2024, the preliminary reading released by Japan’s Cabinet Office showed on Friday. Markets expected a 0.1% decline. The Japan’s Gross Domestic Product (GDP) fell at an annual rate of 0.7% in Q1 versus 2.2% prior, … - [XAG/USD hovers near $32.50 amid US ban news on China’s chip firms](https://todaymarkets.ae/xag-usd-hovers-near-32-50-amid-us-ban-news-on-chinas-chip-firms/): Silver (XAG/USD) is pulling back from its recent gains seen in the previous session, hovering around $32.50 during Friday’s Asian trading hours. The metal is under pressure, possibly due to a Financial Times report indicating that the Trump administration plans to add several Chinese semiconductor companies to its export blacklist, known as the “entity list.” Silver’s … - [RBNZ Survey: NZ two-year inflation expectations rise to 2.29% QoQ in Q2 2025](https://todaymarkets.ae/rbnz-survey-nz-two-year-inflation-expectations-rise-to-2-29-qoq-in-q2-2025/): New Zealand’s (NZ) inflation expectations accelerated on a 12-month and a two-year time frame for the second quarter of 2025, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions survey showed on Friday. Two-year inflation expectations, seen as the time frame when RBNZ policy action will filter through to prices, rose to 2.29% in Q2 2025 from 2.06% seen in Q1. NZ average one-year … - [NZD/USD inches higher to near 0.5900 following Q2 RBNZ Inflation Expectations release](https://todaymarkets.ae/nzd-usd-inches-higher-to-near-0-5900-following-q2-rbnz-inflation-expectations-release/): NZD/USD halts its two-day losing streak, trading around 0.5890 during the Asian hours on Friday. The pair advances after the release of the Reserve Bank of New Zealand (RBNZ) Inflation Expectations for Q2 2025. Expectations rose to 2.29% quarter-over-quarter, up from 2.06% previously. This metric reflects business managers’ forecasts for annual CPI two years ahead. … - [Cattle Prices Collapse Continues](https://todaymarkets.ae/cattle-prices-collapse-continues/): Live cattle futures were pushing the pullback to Thursday, with contracts falling $2.77 to $3.82. Profit taking and technical pressure was takes part of the blame. Cash action kicked off on Thursday, with Southern sales of $218-220, steady, and $229 in the north. The Thursday morning Fed Cattle Exchange Online auction from Central Stockyards saw … - [Cotton Closes Weaker but Pulls Off Lows](https://todaymarkets.ae/cotton-closes-weaker-but-pulls-off-lows/): Cotton futures pulled back off the lows on Thursday, closing with losses of 5 to 10 points. Crude oil prices posted losses of $1.43/barrel. The US dollar index was back down $0.193 to $100.680. USDA’s Export Sales report indicated a total of 122,192 RB of 2024/25 upland cotton sold in the week ending on May … - [Sugar Prices Weighed Down by the Outlook for a Global Sugar Surplus](https://todaymarkets.ae/sugar-prices-weighed-down-by-the-outlook-for-a-global-sugar-surplus/): July NY world sugar #11 (SBN25) Thursday closed down -0.39 (-2.16%), and August London ICE white sugar #5 (SWQ25) closed down -10.90 (-2.16%). Sugar prices retreated on Thursday due to expectations for a global sugar surplus.  Consultant Datagro said Wednesday that it projects a 2025/26 global sugar surplus of +1.53 MMT, recovering sharply from a … - [Cocoa Prices Settle Sharply Higher on Supply Concerns](https://todaymarkets.ae/cocoa-prices-settle-sharply-higher-on-supply-concerns/): July ICE NY cocoa (CCN25) Thursday closed up +338 (+3.41%), and July ICE London cocoa #7 (CAN25) closed up +264 (+3.73%). Cocoa prices rallied sharply on Thursday, with NY cocoa climbing to a 3-month nearest-futures high and London cocoa posting a 2-1/2 month high.   Cocoa prices have soared over the past week on quality … - [Arabica Coffee Prices Surge on Signs of Smaller Brazil Coffee Exports](https://todaymarkets.ae/arabica-coffee-prices-surge-on-signs-of-smaller-brazil-coffee-exports/): July arabica coffee (KCN25) Thursday closed up +10.20 (+2.80%), and July ICE robusta coffee (RMN25) closed down -39 (-2.16%). Coffee prices on Thursday settled mixed, with robusta posting a 5-week low.  Arabica coffee recovered from a 3-week low Thursday and rallied sharply on concerns about smaller exports from Brazil.  Cecafe reported that Brazil’s April green … - [Nat-Gas Prices Fall as Weekly EIA Inventories Climb](https://todaymarkets.ae/nat-gas-prices-fall-as-weekly-eia-inventories-climb/): June Nymex natural gas (NGM25) on Thursday closed down by -0.130 (-2.72%). June nat-gas prices on Thursday sank to a 2-week low and settled sharply lower on a greater-than-average build in weekly inventories.   The EIA reported Thursday that nat-gas inventories rose by +110 bcf for the week ended May 9, well above the five-year … - [Crude Prices Finish Sharply Lower on Fears of a Global Oil Glut](https://todaymarkets.ae/crude-prices-finish-sharply-lower-on-fears-of-a-global-oil-glut/): June WTI crude oil (CLM25) Thursday closed down -1.53 (-2.42%) and June RBOB gasoline (RBM25) closed down -0.0356 (-1.64%). Crude oil and gasoline prices fell sharply Thursday after President Trump said the US and Iran are getting closer to a nuclear deal, which could ease sanctions on Iranian crude exports and boost global oil supplies. … - [Trade of The Day - Gold](https://todaymarkets.ae/trade-of-the-day-gold/): Recommendation: Long position on GOLD at market price Opinion: The recent geopolitical de-escalation, which supported demand for safe assets for many months, has recently worsened sentiment around GOLD. The reduction in tariffs from extremely high levels (125% → 10% and 145% → 30%) has a calming effect on financial markets, but it is still unclear … - [EUR/AUD Recommendation From Credit Agricole](https://todaymarkets.ae/eur-aud-recommendation-from-credit-agricole/): Credit Agricole has issued a recommendation for the EURAUD currency pair. Credit Agricole recommends taking a short position on the pair with the following levels: Entry (at market price): 1.7358Target: 1.6500Stop: 1.7700 Credit Agricole recommends taking a short position on EURAUD at the market price with a target of 1.6500 and a stop loss order … - [Economic Calendar - U.S. Data in Focus](https://todaymarkets.ae/economic-calendar-u-s-data-in-focus/): Today’s economic calendar is exceptionally packed and will be rich in key data from both the Eurozone and the U.S., crucial from a market perspective. We will hear a series of speeches from European Central Bank representatives and get Eurozone industrial production data, which is expected to rise considerably both year-on-year and month-on-month. The highlight … - [UK GDP surprises to the upside and outperforms US and Eurozone](https://todaymarkets.ae/uk-gdp-surprises-to-the-upside-and-outperforms-us-and-eurozone/): There has been good economic news for the UK this morning. Q1 GDP was stronger than expected last quarter, rising 0.7%, vs. 0.6% expected, the annual rate is now 1.3%, down slightly from the 1.5% in Q4 2024, but still a robust level. The UK economy is now growing at a faster rate than the … - [French Inflation Higher Than Expected](https://todaymarkets.ae/french-inflation-higher-than-expected/): 07:45 AM BST, France – Inflation Data for April: The core annual inflation remains unchanged from 1,3% in March. The main driver of this month’s boosted reading is due to the hike in services (+1,1% MoM), particularly in transportation. The contract for the French blue chip index ceases to rebound from today’s opening, holding onto the 7800 mark. Source: … - [Swiss PPI Falls Further in April](https://todaymarkets.ae/swiss-ppi-falls-further-in-april/): 07:30 AM BST, Switzerland – Inflation Data for April: Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [GBP/JPY: Remains under selling pressure below 194.00, bullish bias prevails](https://todaymarkets.ae/gbp-jpy-remains-under-selling-pressure-below-194-00-bullish-bias-prevails/): The GBP/JPY cross remains under some selling pressure around 193.85 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Pound Sterling (GBP) amid the prospect that the Bank of Japan (BoJ) will hike rates again. Investors will closely watch the preliminary reading of UK Gross Domestic Product (GDP) data for the first quarter … - [USD/CHF trades with negative bias around 0.8400, downside potential seems limited](https://todaymarkets.ae/usd-chf-trades-with-negative-bias-around-0-8400-downside-potential-seems-limited/): The USD/CHF pair struggles to capitalize on the previous day’s modest gains and meets with a fresh supply during the Asian session on Thursday. The intraday downtick is sponsored by the emergence of some US Dollar (USD) selling and drags spot prices back below the 0.8400 mark in the last hour, though it lacks bearish conviction. The … - [XAG/USD breaks below $32.00 with developing bearish bias](https://todaymarkets.ae/xag-usd-breaks-below-32-00-with-developing-bearish-bias/): Silver price (XAG/USD) is extending its losses for the second successive session, trading around $31.90 per troy ounce during the Asian hours on Thursday. Technical analysis of the daily chart indicates a weakening of a bullish outlook, as the precious metal price has broken below the ascending channel pattern. The 14-day Relative Strength Index (RSI) has slipped below … - [XAU/USD price dives to over one-month low, seems vulnerable near $3,150 area](https://todaymarkets.ae/xau-usd-price-dives-to-over-one-month-low-seems-vulnerable-near-3150-area/): Gold price (XAU/USD) drifts lower for the second straight day, also marking its third day of a negative move in the previous four, and drops to over one-month low, below the $3,150 level during the Asian session on Thursday. The optimism led by the de-escalation of a potentially damaging trade war between the US and China … - [JPY sticks to intraday gains; USD/JPY struggles near 146.00 amid softer USD](https://todaymarkets.ae/jpy-sticks-to-intraday-gains-usd-jpy-struggles-near-146-00-amid-softer-usd/): The Japanese Yen (JPY) sticks to its positive bias through the Asian session on Thursday, which, along with the emergence of some US Dollar (USD) selling, exerts some downward pressure on the USD/JPY pair for the third successive day. Japan’s wholesale inflation data released on Wednesday indicated that companies continued to pass on costs to consumers and … - [AUD trims recent gains despite weaker US Dollar ahead of key economic data](https://todaymarkets.ae/aud-trims-recent-gains-despite-weaker-us-dollar-ahead-of-key-economic-data/): The Australian Dollar (AUD) holds gains against the US Dollar (USD) on Thursday after registering a loss of more than 0.50% in the previous session. The AUD/USD pair gained ground as easing global trade tensions boosted demand for risk-sensitive currencies like the Aussie Dollar. The Australian Bureau of Statistics (ABS) reported on Thursday that Employment Change rose to … - [USD/INR softens ahead of US Retail Sales, PPI releases](https://todaymarkets.ae/usd-inr-softens-ahead-of-us-retail-sales-ppi-releases/): The Indian Rupee (INR) strengthens on Thursday. The de-escalation of a trade war between the United States (US) and China, along with the fall in Crude oil prices and the weakness of the US Dollar (USD), provides some support to the Indian currency.  However, the cooler-than-expected India’s retail inflation, which dropped to its lowest level since July 2019, might … - [EUR/USD treads water near 1.1200 ahead of key Eurozone GDP data](https://todaymarkets.ae/eur-usd-treads-water-near-1-1200-ahead-of-key-eurozone-gdp-data/): EUR/USD remains firm around 1.1200 during Thursday’s Asian session, recovering daily losses as the Euro (EUR) gains traction ahead of the preliminary Eurozone Gross Domestic Product (GDP) report for Q1 2025, due later in the day. The Euro’s strength is underpinned by rising confidence in its role as a reserve currency. Analysts at Capital Economics noted that the … - [USD/CAD: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed's Powell](https://todaymarkets.ae/usd-cad-remains-below-1-4000-confluence-hurdle-ahead-of-us-ppi-feds-powell/): The USD/CAD pair struggles to capitalize on the previous day’s goodish rebound from the 1.3900 mark and attracts fresh sellers during the Asian session on Thursday. Spot prices, however, lack bearish conviction and currently trade around the 1.3865 area, down less than 0.10% for the day. The US Dollar (USD) bulls remain on the sidelines ahead of … - [Coffee Prices Sharply Lower on Abundant Supplies and Demand Concerns](https://todaymarkets.ae/coffee-prices-sharply-lower-on-abundant-supplies-and-demand-concerns/): July arabica coffee (KCN25) Wednesday closed down -11.55 (-3.07%), and July ICE robusta coffee (RMN25) closed down -119 (-2.32%). Coffee prices plunged on Wednesday, with arabica posting a 3-week low and robusta posting a 5-week low on increased supply and doubts about demand. Signs of larger global coffee supplies are weighing on coffee prices after … - [Cocoa Prices Mixed as They Consolidate the Recent Rally](https://todaymarkets.ae/cocoa-prices-mixed-as-they-consolidate-the-recent-rally/): July ICE NY cocoa (CCN25) Wednesday closed down -32 (-0.32%), and July ICE London cocoa #7 (CAN25) closed up +8 (+0.11%). Cocoa prices on Wednesday settled mixed as they consolidated this week’s sharp gains that propelled cocoa prices to 2-1/2 month highs on Tuesday. Cocoa prices have rallied sharply over the past week on quality … - [The Sugar Market Is Calling—Answer with These Bold Trades!](https://todaymarkets.ae/the-sugar-market-is-calling-answer-with-these-bold-trades/): Unlike many other crops tied to specific seasonal cycles in one hemisphere, sugar is a unique commodity because it grows in both hemispheres simultaneously. Sugarcane, the primary source of raw sugar, thrives in tropical and subtropical regions, while sugar beets, grown in temperate climates, complement the global supply. This dual-hemisphere production creates a complex supply … - [Cotton Moves Lower](https://todaymarkets.ae/cotton-moves-lower/): Cotton futures saw weakness of 45 to 80 points on Wednesday across most front months. Crude oil prices are trading with losses of $0.78/barrel. The US dollar index is back down $0.074 to $100.873. The Monday online auction from The Seam showed sales of 1,415 bales at an average price of 68.86 cents/lb. The Cotlook … - [Cattle Collapses Lower](https://todaymarkets.ae/cattle-collapses-lower/): Live cattle futures saw some profit taking into the close, with losses of $1.9 to $2.37 after early strength. Cash trade has yet to see much action this week, with light business of $229 in the North. The Wednesday Fed Cattle Exchange Online auction from Central Stockyards saw no sales on the 1,304 head listed, … - [Corn Closes Mixed as Nearbys Turn Higher](https://todaymarkets.ae/corn-closes-mixed-as-nearbys-turn-higher/): Corn futures closed out the Wednesday session with contracts 2 to 3 cents higher in the nearbys, as new crop December was down just ½ cent. May rolled off the board at the close. The nearby CmdtyView national average Cash Corn price was up 3 cents at $4.17 3/4. Rains are expected to be widespread this next … - [Wheat Pulls Out Gains ](https://todaymarkets.ae/wheat-pulls-out-gains/): The wheat market saw some strength on Wednesday, with the winter wheat exchanges posting gains.  Chicago SRW futures were up 7 to 8 cents at the close. Kansas City HRW futures saw contracts 10 to 12 cents higher on Wednesday. Minneapolis spring wheat futures fell to weakness, with contracts down 3 to 4 cents  Rains … - [Soybeans in Positive Territory](https://todaymarkets.ae/soybeans-in-positive-territory/): The soybean market again held onto some gains heading into the Wednesday close, as contracts were up 1 to 5 ¼ cents in most contracts as May expired. The cmdtyView Cash Bean price was up 5 cents to $10.27 3/4. Soymeal futures were down $1.30/ton on the day, with Soy Oil futures 52 to 72 points higher.  USDA’s Export Sales report … - [Crude Prices Pressured as Weekly EIA Crude Inventories Increase](https://todaymarkets.ae/crude-prices-pressured-as-weekly-eia-crude-inventories-increase/): June WTI crude oil (CLM25) Wednesday closed down -0.52 (-0.82%) and June RBOB gasoline (RBM25) closed up +0.0040 (+0.18%). Crude oil and gasoline prices on Wednesday settled mixed, with gasoline climbing to a 6-week high.  Crude prices fell Wednesday after weekly EIA crude inventories unexpectedly increased last week.  Also, comments from President Trump weighed on … - [Nat-Gas Prices Slump as Warm US Temps Expected to Boost Inventories](https://todaymarkets.ae/nat-gas-prices-slump-as-warm-us-temps-expected-to-boost-inventories/): June Nymex natural gas (NGM25) on Wednesday closed down by -0.155 (-4.25%). June nat-gas prices on Wednesday tumbled to a 1-week low and settled sharply lower.  Forecasts for mild US spring temperatures that will reduce demand for air-conditioning are weighing on nat-gas prices.  Forecaster Vaisala said Wednesday that weather forecasts shifted cooler for May 19-23 … - [XAU/USD - Gold Slumps 2.5%](https://todaymarkets.ae/xau-usd-gold-slumps-2-5/): Gold loses pressured by easing trade tensions and uncertain effect of Russia-Ukraine talks 🚩 Increasing appetite for risky assets, easing trade tensions and still high 10-year US treasuries yield at 4.5% are still pressuring momentum on gold (GOLD), which is losing 2.1% today. Today, Donald Trump announced that there can be news about Russia-Ukraine, however we … - [Semiconductors And AI on The Rise -Nvidia Gains 3%](https://todaymarkets.ae/semiconductors-and-ai-on-the-rise-nvidia-gains-3/): AI and semiconductor stocks are gaining significantly ahead of the open on Wall Street, extending a strong rally following a recent broad-market sell-off after U.S. President Donald Trump secured $600 billion in commitments from Saudi Arabia for U.S. tech companies during a tour of the Gulf states. Nvidia (NVDA.US) has agreed to sell hundreds of thousands of … - [WTI: Bulls have the upper hand while above $62.00/200-period SMA on H4](https://todaymarkets.ae/wti-bulls-have-the-upper-hand-while-above-62-00-200-period-sma-on-h4/): West Texas Intermediate (WTI) US Crude Oil prices remain depressed through the early European session on Wednesday and for now, seem to have snapped a four-day winning streak to mid-$63.00s, or over a two-week high touched the previous day. The commodity currently trades around the $62.85 region, down nearly 0.60% for the day, though the intraday downtick … - [GBP grips gains against US Dollar after softer-than-expected US inflation data](https://todaymarkets.ae/gbp-grips-gains-against-us-dollar-after-softer-than-expected-us-inflation-data/): The Pound Sterling (GBP) trades firmly around 1.3300 against the US Dollar (USD) in Wednesday’s European session, near Tuesday’s high. The GBP/USD pair clings to gains as the US Dollar retreats after the release of the softer-than-expected United States (US) Consumer Price Index (CPI) data for April on Tuesday. US headline inflation fell to 2.3% year-on-year, the lowest level … - [USD/CAD stays below 1.3950 due to potential widening of US-Canada yield spread](https://todaymarkets.ae/usd-cad-stays-below-1-3950-due-to-potential-widening-of-us-canada-yield-spread/): USD/CAD remains subdued for the second consecutive session, hovering near 1.3930 during early European trading on Wednesday. The US Dollar (USD) lost ground after April’s Consumer Price Index (CPI) figures came in below forecasts, prompting a shift in market sentiment. The headline CPI rose 2.3% year-over-year in April, slightly down from 2.4% in March and below market expectations. Core CPI, which … - [Wheat Sees Positive Action](https://todaymarkets.ae/wheat-sees-positive-action/): The wheat market saw Turnaround Tuesday action, with winter wheats posting gains.  Chicago SRW futures turned higher on Tuesday, with nearbys closing up 2 cents. Kansas City HRW futures closed with 3 to 4 cent gains. Minneapolis spring wheat futures saw continued weakness, with losses of 3 to 4 cents.  The weekly Crop Progress update … - [Chart of The Day - S&P500](https://todaymarkets.ae/chart-of-the-day-sp500/): U.S. indices have almost fully recovered the losses triggered by the onset of the trade war initiated by Donald Trump. Even the recent progress in trade negotiations—despite the lack of finalized agreements—was enough to lift investor sentiment and boost stock prices. Yesterday, an additional catalyst came from the historic deal between the U.S. and Saudi Arabia, … - [Soybeans Rally from Early Weakness](https://todaymarkets.ae/soybeans-rally-from-early-weakness/): Soybeans saw contracts pulling well off their lows on Tuesday, with contracts up 1 to 2 cent sin the nearbys. The cmdtyView Cash Bean price was up 1 3/4 cents to $10.22 3/4. Soymeal futures were down $3.80 to $5.20 so far on the day, with Soy Oil futures rallying 116 to 161 points into the close. Bean oil strength in … - [ECB: April cut looks likely – Standard Chartered](https://todaymarkets.ae/ecb-april-cut-looks-likely-standard-chartered/): ECB’s April policy meeting could be a close call, but we lean towards a 25bps cut. For now, our base case is a June hold, but we see growing risks of another cut given tariff threats. Fiscal stimulus and tariff uncertainty means various scenarios for ECB policy are plausible, Standard Chartered’s analysts Christopher Graham and … - [Global markets are experiencing significant downward pressure after historic rally yesterday](https://todaymarkets.ae/global-markets-are-experiencing-significant-downward-pressure-after-historic-rally-yesterday/): Global markets are experiencing significant downward pressure after historic rally yesterday, with US indices showing substantial declines. In the Americas, most major indices are in negative territory with the US2000 down -3.67%, US100 falling -2.86%, US500 dropping -2.57%, and US30 declining -2.29%. The notable exception is the VIX volatility index, which has surged 8.84% to … - [Gold price sees US session push Bullion to $3,125](https://todaymarkets.ae/gold-price-sees-us-session-push-bullion-to-3125/): Gold price (XAU/USD) is printing a stellar return on Thursday, moving around $3,120 at the time of writing. Since Tuesday morning, the precious metal has rallied nearly 5.00%. The main driver for the rally came from United States (US) President Donald Trump, who announced a 90-day pause to higher tariffs on 56 countries and the European Union, which … - [EUR/USD breaks through 1.1100 after soft CPI release](https://todaymarkets.ae/eur-usd-breaks-through-1-1100-after-soft-cpi-release/): The EUR/USD pair sprints higher to 1.1120 at the time of writing on Thursday after the Consumer Price Index (CPI) release. A whipsaw session on Wednesday saw EUR/USD ranging from 1.1095 all the way down to 1.0913 as United States (US) President Donald Trump eased off his tariffs stance and lowered the reciprocal tariff rate for all countries to … - [Prada Acquires Versace For $1.375 Billion, Capri Shares Gain 5.5%](https://todaymarkets.ae/prada-acquires-versace-for-1-375-billion-capri-shares-gain-5-5/): Shares of Capri Holdings (CPRI.US) are up nearly 5.5% pre-market open after Prada agreed to acquire Versace for $1.375 billion, the company’s enterprise value. Prada is turning a new leaf in combining two of Italy’s biggest fashion brands to compete with French houses. It’s worth recalling that Versace has been losing money and struggling for some time … - [CME Group And CBOE Global Markets Shares in The Spotlight](https://todaymarkets.ae/cme-group-and-cboe-global-markets-shares-in-the-spotlight/): CME Group (CME.US) and CBOE Global Markets (CBOE.US) are among the leading providers of financial instruments, primarily for institutional investors in the United States. Shares of both companies have performed very well during the recent market downturns, thanks to exceptionally high trading activity across multiple markets. However, Bank of America downgraded its recommendation for CBOE from “Buy” to “Neutral,” while … - [U.S. March CPI Reading Lower Than Expected](https://todaymarkets.ae/u-s-march-cpi-reading-lower-than-expected/): US March CPI report: 2.4% YoY vs 2.5% exp. and 2.8% previously Core CPI YoY: 2.8% vs 3% exp. and 3.1% previously U.S. short-term interest rate futures rise after data, as traders increase bets on Fed rate cuts. Immediately following the U.S. macro data release, the stock market gained as investors no longer feared hot … - [U.S. Jobless Claims in Line With Expectations](https://todaymarkets.ae/u-s-jobless-claims-in-line-with-expectations/): 12:30 PM GMT, United States – Employment Data for April: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website … - [U.S. CPI Review](https://todaymarkets.ae/u-s-cpi-review/): Preview: what’s the outlook for inflation and Fed policy? At 2:30 PM today, we’ll get the U.S. Consumer Price Index (CPI) data for March. Forecasts suggest that price momentum slowed last month in line with weakening demand and consumer confidence. However, early signs of pricing pressure could emerge in categories such as Chinese imports and … - [Trade of The Day - US100](https://todaymarkets.ae/trade-of-the-day-us100-4/): Facts Recommendation Long position on US100 at the market price Opinion Bullish momentum has returned to global stock markets, and after record-breaking declines, U.S. indices may now have at least a short-term recovery ahead — one that could last longer than a single trading session. As yesterday’s session showed, in a scenario of rising risk … - [European Sentiment is Weaking as the DAX Trims 3% on Euphoric Gains](https://todaymarkets.ae/european-sentiment-is-weaking-as-the-dax-trims-3-on-euphoric-gains/): Sentiment on the European stock market is positive today, supported by the prospect of a 90-day suspension of U.S. trade tariffs. Yesterday, the U.S. Nasdaq posted its biggest one-day gain in 23 years, soaring over 12% in a single session. This move has fueled risk appetite and raised hopes for a return of a global … - [Chart of The Day - Gold - XAU/USD](https://todaymarkets.ae/chart-of-the-day-gold-xau-usd/): Gold has rebounded nearly 5.5% from Monday’s low. Although the GOLD futures contract bounced off the 78.6% Fibonacci retracement level, the stabilization of chaos in the equity markets—combined with persistent concerns over the global economic outlook—could continue to support the commodity’s price. The recent sell-off in gold appears to be coming to an end, but … - [European Equities Join The Global Rally](https://todaymarkets.ae/european-equities-join-the-global-rally/): The relief rally in markets has spread to Europe. Markets are a sea of green, however, there has been some easing in the rally, particularly for the UK. The FTSE 100 opened higher by 6% earlier this morning and is now trading UP 4%. European markets are also fading earlier gains, the Eurostoxx index is … - [Let's Talk Commodities Oil, Cocoa, Coffee And NATGAS](https://todaymarkets.ae/lets-talk-commodities-oil-cocoa-coffee-and-natgas/): Oil Crude oil inventories continue to rise in line with seasonal patterns but remain below the five-year average and last year’s levels. Source: Bloomberg Finance LP, XTB WTI oil has climbed back above $60, although at one point it had fallen over 20% since the end of March. Currently, a potential target for further rebound … - [42% Revenue Growth For TSMC in Q1 2025](https://todaymarkets.ae/42-revenue-growth-for-tsmc-in-q1-2025/): Taiwan Semiconductor Manufacturing Company (TSM.US) released its estimated monthly and quarterly results. The company reported a 42% year-over-year increase in revenue in the first quarter of 2025, driven by growing demand for AI servers and smartphones. The growth, the fastest since 2022, was partly the result of electronics manufacturers stockpiling in U.S. warehouses ahead of new … - [Economic Calendar - U.S. CPI And Jobs Data in Focus](https://todaymarkets.ae/economic-calendar-u-s-cpi-and-jobs-data-in-focus/): Volatility has been off the charts this week, driven by headline-grabbing events that have sent markets swinging from one extreme to the other. The 90-day pause on reciprocal tariffs, paired with Trump’s decision to maintain steep 125% duties on China, has kept investors on edge.  Nevertheless, Thursday could bring a sense of familiarity, as key macroeconomic … - [The Today Markets Market Update](https://todaymarkets.ae/the-today-markets-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Trump's tariff pause lifts ETH as SEC approves options trading on ETH ETF](https://todaymarkets.ae/trumps-tariff-pause-lifts-eth-as-sec-approves-options-trading-on-eth-etf/): Ethereum price today: $1,670 Ethereum (ETH) gained 13% on Wednesday after President Trump announced a 90-day tariff pause on 75 countries. Following the announcement, the Securities and Exchange Commission (SEC) approved Fidelity, BlackRock, Bitwise and Grayscale applications to allow options trading on their spot Ether ETFs. SEC approves options trading on ETH ETF; -2x ETH … - [Will Bitcoin price reach $100K as Trump confirms Blackrock CEO’s prediction?](https://todaymarkets.ae/will-bitcoin-price-reach-100k-as-trump-confirms-blackrock-ceos-prediction/): Bitcoin surged past $83,500, rising 12% after Trump reversed global tariffs. This market recovery comes after BlackRock CEO Larry Fink’s informed investors of a potential buying opportunity on Monday.  Trump’s tariff reversal triggered an upward breakout in Bitcoin toward $84K Bitcoin (BTC) surged more than 8% on Wednesday to reclaim the $84,000 level, marking its … - [GBP/USD falls to near 1.2850 following renewed US-China trade tension](https://todaymarkets.ae/gbp-usd-falls-to-near-1-2850-following-renewed-us-china-trade-tension/): The GBP/USD pair snapped its two-day winning streak, retreating to around 1.2850 during Asian trading hours on Thursday. The British Pound (GBP) came under pressure following the release of weaker-than-expected data from the RICS Housing Price Balance, which showed just a 2% increase in March. This marked a significant slowdown from the 20% and 11% gains recorded … - [ XAG/USD holds gains above $31.00 due to renewed safe-haven demand](https://todaymarkets.ae/xag-usd-holds-gains-above-31-00-due-to-renewed-safe-haven-demand/): Silver price (XAG/USD) continues to climb for the second straight day, trading near $31.10 per troy ounce during Thursday’s Asian session. The grey metal surged nearly 4% in the previous session, fueled by renewed safe-haven demand following escalating US-China trade tensions. US President Donald Trump announced an immediate hike in tariffs on Chinese imports to 125%, … - [Japanese Yen remains on the front foot against USD amid BoJ rate hike bets](https://todaymarkets.ae/japanese-yen-remains-on-the-front-foot-against-usd-amid-boj-rate-hike-bets/): The Japanese Yen (JPY) sticks to intraday gains led by the stronger-than-expected release of the Producer Price Index (PPI), which keeps the door open for further rate hikes by the Bank of Japan (BoJ). Furthermore, the optimism that Japan might strike a trade deal with the US turns out to be another factor underpinning the … - [US CPI data expected to show inflation eased in March, supporting dovish Fed rate cut path](https://todaymarkets.ae/us-cpi-data-expected-to-show-inflation-eased-in-march-supporting-dovish-fed-rate-cut-path/): The United States (US) Bureau of Labor Statistics (BLS) is set to publish the high-impact Consumer Price Index (CPI) inflation report for March on Thursday at 12:30 GMT. The CPI figures could notably impact the US Dollar (USD) and the Federal Reserve’s (Fed) monetary policy outlook. What to expect in the next CPI data report? As measured … - [WTI declines below $61.50 as trade war escalates](https://todaymarkets.ae/wti-declines-below-61-50-as-trade-war-escalates/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.45 during the early Asian session on Thursday. The WTI price tumbles amid the escalating trade war between the US and China, and fears of a slowdown in economic growth and energy demand. The renewed trade tensions raise serious questions about future oil demand, … - [FOMCMinutes - Fed Maintains Rate, Slows Balance Sheet Reduction](https://todaymarkets.ae/fomcminutes-fed-maintains-rate-slows-balance-sheet-reduction/): The Federal Reserve released minutes from its March 18-19, 2025 meeting, revealing that officials maintained the federal funds rate at 4.25-4.50% while deciding to slow the pace of balance sheet reduction starting in April. Key highlights: The Committee emphasized it was “attentive to the risks to both sides of its dual mandate” and would “carefully … - [Corn Rallies into the Close on Tariff Relief](https://todaymarkets.ae/corn-rallies-into-the-close-on-tariff-relief/): Corn futures got a late session pop higher on Wednesday, following an announcement on tariff relief by President Trump. Contracts were up 4 to 6 cents across most months. The front month CmdtyView national average Cash Corn price was up 5 1/4 cent at $4.46 1/2.  Late on the Wednesday session, President Trump announced that there would … - [Soybeans Rally into the Close as Most Tariffs Paused](https://todaymarkets.ae/soybeans-rally-into-the-close-as-most-tariffs-paused/): The soybean market got a late session rally on Wednesday to close the day with 19 to 21 point gains. CmdtyView’s national front month Cash Bean price was up 20 3/4 cents at $9.59 3/4. Soymeal futures were up 90 cents to $3.50/ton, with Soy Oil futures up 120 to 141 points. Late on the Wednesday session, President Trump announced that … - [Wheat Posts Strength on Wednesday](https://todaymarkets.ae/wheat-posts-strength-on-wednesday/): The wheat complex popped from mixed midday action to close with Wednesday gains across the three exchanges. Chicago SRW futures turned green into the close, with gains of 1 to 3 cents. Kansas City HRW contracts were up 5 to 7 cents on the session. MPLS spring wheat posted 7 to 8 cent gains in the … - [Cotton Rallies on Tariff Pause](https://todaymarkets.ae/cotton-rallies-on-tariff-pause/): Cotton futures saw buying extend into the close, as contracts were up 72 to 108 points on Wednesday. Crude oil futures closed the day up $3.14/barrel, after rallying off of the lowest level since February 2021 overnight. The US dollar index was steady on the day. Late on the Wednesday session, President Trump announced that … - [Sugar Prices Fall on Trade War Concerns and Weakness in Crude Oil](https://todaymarkets.ae/sugar-prices-fall-on-trade-war-concerns-and-weakness-in-crude-oil/): May NY world sugar #11 (SBK25) today is down -0.36 (-1.97%), and May London ICE white sugar #5 (SWK25) is down -9.20 (-1.76%). Sugar prices today are under pressure, with NY sugar falling to a 5-week low and London sugar dropping to a 2-month low.  Global trade war fears are also weighing on sugar prices … - [Dollar Weakness Spurs Short Covering in Cocoa Futures](https://todaymarkets.ae/dollar-weakness-spurs-short-covering-in-cocoa-futures/): May ICE NY cocoa (CCK25) today is up +693 (+8.94%), and May ICE London cocoa #7 (CAK25) is up +356 (+6.20%). Cocoa prices today recovered from early losses and are sharply higher as dollar weakness (DXY00) sparked short covering in cocoa futures.  Cocoa prices today initially moved lower, with NY cocoa falling to a 3-week … - [Trade War Concerns Pressure Coffee Prices](https://todaymarkets.ae/trade-war-concerns-pressure-coffee-prices/): May arabica coffee (KCK25) Wednesday closed down -1.20 (-0.35%), and May ICE robusta coffee (RMK25) closed up +51 (+1.06%). Coffee prices on Wednesday settled mixed, with arabica coffee falling to a 2-3/4 month low.   Global trade war fears undercut most commodity prices, including coffee, after China retaliated against US tariffs on Wednesday by imposing … - [EUR/USD misses the boat on market-wide tariff relief rally](https://todaymarkets.ae/eur-usd-misses-the-boat-on-market-wide-tariff-relief-rally/): EUR/USD remains bogged down on the carts, caught in the much between 1.1000 and 1.0900 despite a broad-market recovery in investor risk appetite after the US once again pivoted away from its own tariff policies. US President Donald Trump announced via social media post that his administration would be delaying “reciprocal” tariffs for 90 days, … - [USD/CAD strengthens above 1.4100 on tariff pause](https://todaymarkets.ae/usd-cad-strengthens-above-1-4100-on-tariff-pause/): The USD/CAD pair recovers some lost ground to near 1.4105 during the early Asian session on Thursday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) due to US President Donald Trump’s announcement of a 90-day delay on reciprocal tariffs. The US Consumer Price Index (CPI) inflation report will take center stage later on Thursday.  US President … - [NZD/USD weakens below 0.5650 as China’s CPI falls in March ](https://todaymarkets.ae/nzd-usd-weakens-below-0-5650-as-chinas-cpi-falls-in-march/): The NZD/USD pair softens to near 0.5630 during the early Asian section on Thursday. The New Zealand Dollar (NZD) remains weak against the Greenback after the release of China’s Consumer Price Index (CPI) report. Later on Thursday, the attention will shift to the US March CPI inflation data.  Data released by the National Bureau of Statistics of China … - [AUD/USD remains subdued following China’s CPI data](https://todaymarkets.ae/aud-usd-remains-subdued-following-chinas-cpi-data/): The Australian Dollar (AUD) edged lower against the US Dollar (USD) on Thursday, retracing some of its over 3% gain from the previous session. The AUD/USD pair weakened after US President Donald Trump escalated trade tensions with China by raising tariffs on Chinese imports to 125%, prompting concern due to Australia’s close trade ties with China. China … - [JPY/USD strengthens in reaction to stronger PPI print from Japan](https://todaymarkets.ae/jpy-usd-strengthens-in-reaction-to-stronger-ppi-print-from-japan/): The Japanese Yen (JPY) regained positive traction during the Asian session on Thursday in reaction to the stronger-than-expected release of the Producer Price Index (PPI), which keeps the door open for further rate hikes by the Bank of Japan (BoJ). Adding to this, the optimism that Japan might strike a trade deal with the US … - [Stocks Surge on Trump's Tariff Reversal](https://todaymarkets.ae/stocks-surge-on-trumps-tariff-reversal/): Trump reverses course on tariffs, and stocks surge The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted … - [Markets Rebounds on Trump's Tariff Suspension Announcement](https://todaymarkets.ae/markets-rebounds-on-trumps-tariff-suspension-announcement/): Trump’s Tariff Suspension Announcement Lifts U.S. Indices Trump announced a 90-day suspension of tariffs for countries that have chosen to cooperate and entered into negotiation talks with the U.S. At the same time, the president declared an increase in retaliatory tariffs on China to 125%. In response to the news, U.S. indices are experiencing record-breaking … - [Broad Sell- Off in U.S. Treasuries](https://todaymarkets.ae/broad-sell-off-in-u-s-treasuries/): U.S. bonds are on track for their steepest declines since the 2008 crisis. The largest increases are seen in yields on longer-term maturities. Part of this move stems from a significant capital shift from the equity market into the bond market, creating a sharp drop in yields that has been entirely erased over the past … - [Oil Prices Hit Four Year Low](https://todaymarkets.ae/oil-prices-hit-four-year-low/): WTI crude prices plunged to a four-year low amid a double blow from OPEC+ production increases and President Trump’s new trade policies targeting major oil importers like China and India. The ProShares UltraShort Bloomberg Crude Oil ETF saw its largest outflow ($72.2 million) since 2020 as investors cashed in profits from bearish bets, while the United States Oil … - [EU Announces €21 billion in Tariffs on U.S. Goods as Trade War Escalates](https://todaymarkets.ae/eu-announces-e21-billion-in-tariffs-on-u-s-goods-as-trade-war-escalates/): The European Union approved retaliatory tariffs on €21 billion ($23.2 billion) of American goods in response to President Donald Trump’s recent 25% duties on European steel and aluminum exports. The countermeasures, backed by a majority of EU member states on Wednesday, will begin taking effect in mid-April. Steel exports to US by country. Source: Bloomberg L.P. … - [Oil - WTI Gains After EIA Data](https://todaymarkets.ae/oil-wti-gains-after-eia-data/): 03:30 PM BST, United States – EIA Data: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [U.S. Wholesale Sales Higher Than Expected](https://todaymarkets.ae/u-s-wholesale-sales-higher-than-expected/): US Wholesale Sales MoM: 2.4% (Forecast 0.8%, Previous -1.3%) The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or … - [U.S. Markets Turn Volatile After China Raises Tariffs to 84%](https://todaymarkets.ae/u-s-markets-turn-volatile-after-china-raises-tariffs-to-84/): Major US indices are rebounding modestly after several days of steep declines, with the S&P 500 up 0.23% to 5022.0, the Dow Jones gaining 0.01% to 37753, and the Nasdaq leading with a 0.79% rise to 17363.76. The VIX volatility index has fallen -0.81% to 39.13, suggesting some easing of market fear. European markets present … - [Let's Explain Bond Market Movements](https://todaymarkets.ae/lets-explain-bond-market-movements/): Bonds are no longer a safe haven in the current market sell off. Longer dated bonds are lower across the board today, however, the moves have been most pronounced in the UK. 10-year Gilt yields have surged by 16bps and are selling off at a faster pace than 10-year US Treasury yields, in 30-year Gilts, … - [U.S. Treasury Secretary Bessent And The Fed's Kashkari Comment on Tariffs And U.S. Economy](https://todaymarkets.ae/6452-2/): U.S. Treasury Secretary Bessent announced that he would take a leading role in tariff negotiations in the United States. He also indicated that progress on the new tax cut bill is gaining momentum, and that over 70 countries are arranging meetings with the U.S. administration to negotiate tariffs. Comments from U.S. Treasury Secretary Bessent: Comments … - [JPMorgan CEO Jamie Dimon warned that a US recession is a likely outcome](https://todaymarkets.ae/jpmorgan-ceo-jamie-dimon-warned-that-a-us-recession-is-a-likely-outcome/): JPMorgan CEO Jamie Dimon warned that a US recession is a likely outcome, driven by persistent inflation, slowing growth, and expected credit defaults, although none have emerged yet.  He emphasized that sticky inflation won’t fade quickly and anticipates more credit issues than seen in a long time. While the current market turmoil caused by tariffs … - [European Markets Return to Sender](https://todaymarkets.ae/european-markets-return-to-sender/): General market situation: European stock prices have once again taken a nosedive after China imposed a total of 84% tariffs on US imports starting tomorrow. The pressure of the global trade war is intensifying ahead of the start of the Wall Street session. The probability of a US recession in 2025, as predicted by bookmakers, … - [The VIX Surges 6.3% Amid Panic Sell-off Ahead of Wall Street Open](https://todaymarkets.ae/the-vix-surges-6-3-amid-panic-sell-off-ahead-of-wall-street-open/): The futures on CBOE VIX index (VIX) surges almost 7% as US500 drops 1.8% on fears that trade war between US and China will escalate further, as China decided to increase tariffs on US goods from 34 to 84%, before negotiations with White House. Futures on US2000 are down 2.5% while US30 and US100 loses … - [China to Impose additional Tariff's to The 84% Total on U.S. Goods](https://todaymarkets.ae/china-to-impose-additional-tariffs-to-the-84-total-on-u-s-goods/): We didn’t have to wait long for a response from China. The finance minister has just announced that China is responding with another increase in tariffs on imports from the USA, raising them to a total of 84%. The new trade restrictions are set to come into effect tomorrow, April 10th. We’re seeing a return … - [U.S. Coal Stocks Surge on Trump's Executive Order](https://todaymarkets.ae/u-s-coal-stocks-surge-on-trumps-executive-order/): Shares of Peabody Energy (BTS.US) and other U.S. coal companies are rising today in pre-market trading, as President Trump signed executive orders aimed at boosting coal production and usage in the U.S. after years of declines. The company’s stock is trading 17% higher ahead of Wall Street’s opening. Trump emphasized that coal is a key … - [European Markets Broadly Lower](https://todaymarkets.ae/european-markets-broadly-lower/): European stock markets have opened broadly lower on Wednesday, after Donald Trump’s reciprocal tariffs came into effect. After Wednesday’s dead cat bounce for stocks, it is sell the rumour, and sell the fact for European financial markets on Wednesday as risky assets and safe havens alike sell off on the back of President Trump’s punitive … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-8/): Today, the Japanese yen (JPY) is among the strongest performing currencies, strengthening sharply following the recent announcement of new U.S. tariffs. Investors are coming back to the old traditional safe-haven currencies such as the yen and the Swiss franc (CHF) in response to the increased uncertainty surrounding global trade. As a result, the USDJPY pair has … - [Oil - WTI Indicating Recessionary Vibes](https://todaymarkets.ae/oil-wti-indicating-recessionary-vibes/): WTI crude at its lowest since February 2021 in response to reciprocal tariffs Oil continues its strong declines following yesterday’s session, where WTI crude fell below $60 per barrel. Currently, we are observing prices below $58 per barrel, although it was lower during the Asian session. At one point, oil lost almost 3%, but this … - [RBNZ Cuts Rate, Tariff's And The Sell-off Continues](https://todaymarkets.ae/rbnz-cuts-rate-tariffs-and-the-sell-off-continues/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD holds above $29.50 amid tariff uncertainty](https://todaymarkets.ae/xag-usd-holds-above-29-50-amid-tariff-uncertainty/): The Silver price (XAG/USD) recovers some lost ground to around $29.85 during the Asian trading hours on Wednesday. Analysts believe the recent correction could be a setup for a strong rebound amid rising trade tensions and recession fears. Traders brace for the FOMC Minutes, which are due later on Wednesday.  US President Donald Trump said late … - [GBP/USD appreciates to near 1.2850](https://todaymarkets.ae/gbp-usd-appreciates-to-near-1-2850/): The GBP/USD pair advances for a second straight session, trading near 1.2820 during Asian hours on Wednesday. The pair’s uptick is supported by easing trade tensions after US President Donald Trump signaled openness to negotiations with global partners, fueling hopes of a potential de-escalation in trade conflicts. US Customs and Border Protection confirmed on Tuesday that it … - [USD/INR jumps as RBI cuts Repo Rate by 25 bps to 6.00%](https://todaymarkets.ae/usd-inr-jumps-as-rbi-cuts-repo-rate-by-25-bps-to-6-00/): The Indian Rupee (INR) extends the decline on Wednesday after reaching the largest single-day loss in nearly three months in the previous session. The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) unanimously voted to cut the policy Repo Rate by 25 basis points (bps) to 6.00% at its April meeting on Wednesday. The local currency … - [NZD/USD Rebounds from sub-0.5500 levels/multi-year low; not out of the woods yet](https://todaymarkets.ae/nzd-usd-rebounds-from-sub-0-5500-levels-multi-year-low-not-out-of-the-woods-yet/): The NZD/USD pair stages a modest recovery from levels below the 0.5500 psychological mark, or the lowest since March 2020  touched earlier this Thursday after the Reserve Bank of New Zealand (RBNZ) announced its policy decision. The intraday move up, however, lacks follow-through, with spot prices currently trading around the 0.5535-0.5540 region or nearly unchanged … - [Australian Dollar trims recent gains as US reciprocal tariffs take effect](https://todaymarkets.ae/australian-dollar-trims-recent-gains-as-us-reciprocal-tariffs-take-effect/): The Australian Dollar (AUD) halted its three-day losing streak against the US Dollar (USD) on Wednesday, supported by comments from US President Donald Trump suggesting a willingness to negotiate with trade partners. Trump’s remarks boosted optimism for a potential easing of global trade tensions. The AUD faces headwinds as market volatility remains elevated after the … - [EUR/USD attracts some buyers above 1.1050, FOMC Minutes in focus](https://todaymarkets.ae/eur-usd-attracts-some-buyers-above-1-1050-fomc-minutes-in-focus/): The EUR/USD pair rises to near 1.1065 during the early European session on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) after US President Donald Trump’s tariff policy takes effect. Later on Wednesday, traders will take more cues from the release of the FOMC Minutes.  Also, the Federal Reserve’s (Fed) Thomas Barkin is set to speak … - [JPY/USD retreats slightly after retesting multi-month high against broadly weaker USD](https://todaymarkets.ae/jpy-usd-retreats-slightly-after-retesting-multi-month-high-against-broadly-weaker-usd/): The Japanese Yen (JPY) builds on strong intraday gains and retests the highest level since October 2024 against its American counterpart during the Asian session on Wednesday. Persistent worries about the potential economic fallout from US President Donald Trump’s sweeping trade tariffs continue to weigh on investors’ sentiment and benefit traditional safe-haven assets, including the … - [EUR/JPY trades near 160.40 after recovering daily losses](https://todaymarkets.ae/eur-jpy-trades-near-160-40-after-recovering-daily-losses/): EUR/JPY recovers its daily losses, trading near the 160.50 during Asian trading hours on Wednesday. However, the currency cross faced challenges as the Japanese Yen strengthened ahead of a key meeting between Japan’s Ministry of Finance (MOF), Financial Services Agency (FSA), and the Bank of Japan (BoJ) to discuss international financial markets. A joint statement … - [XAU/USD climbs to $3,017, closer to Tuesday's swing high amid heightened safe-haven demand](https://todaymarkets.ae/xau-usd-climbs-to-3017-closer-to-tuesdays-swing-high-amid-heightened-safe-haven-demand/): Gold price (XAU/USD) climbs further beyond the $3,000 psychological mark during the Asian session on Wednesday and retests the overnight swing high as concerns about a tariffs-driven global recession continue to underpin safe-haven assets. Adding to this, rising bets that the Federal Reserve (Fed) will resume its rate-cutting cycle in May and deliver multiple rate … - [Corn Mixed as Bull Spreading Continues](https://todaymarkets.ae/corn-mixed-as-bull-spreading-continues/): The corn market found some support on Tuesday with contracts up 4 to 5 cents in the nearbys, as new crop was leaking lower, down ¼ in December. The CmdtyView national average Cash Corn price was up 5 cents at $4.40 1/2.  USDA reported a private export sale of 240,000 MT of corn for 2024/25 to Spain … - [Soybeans Spreading Continues on Tuesday](https://todaymarkets.ae/soybeans-spreading-continues-on-tuesday/): Soybeans saw a continuation of the Monday spreading, as front months were up 4 ¼ to 9 ¾ cents. New crop contracts were wo 2 to 5 cents at the close. CmdtyView’s national front month Cash Bean price was up 11 cents at $9.38. Soymeal futures were up a dime to $2.60/ton, with Soy Oil futures back down 15 to 29 … - [Wheat Gets Pop Higher on Tuesday](https://todaymarkets.ae/wheat-gets-pop-higher-on-tuesday/): The wheat complex posted Tuesday gains across the three markets. Chicago SRW futures saw gains of 3 to 4 cents on the session. Kansas City HRW contracts were 2 to 3 cents higher across the nearbys on Tuesday. MPLS spring wheat posted gains of 6 to 7 cents in the front months. US wheat ending stocks … - [Cotton Price Falls Back](https://todaymarkets.ae/cotton-price-falls-back/): Cotton futures posted Tuesday weakness, closing 44 to 56 points lower. Crude oil futures were down $2.48/barrel, falling to a 4-year low and the lowest close since April 2021. The US dollar index was back down $0.247 on the day. The addition 50% tariffs on China are set to go into effect tomorrow April 9, … - [Sugar Prices Moderately Lower on Brazilian Real Weakness](https://todaymarkets.ae/sugar-prices-moderately-lower-on-brazilian-real-weakness/): May NY world sugar #11 (SBK25) Tuesday closed down -0.37 (-1.98%), and May London ICE white sugar #5 (SWK25) closed down -10.70 (-2.00%). Sugar prices on Tuesday dropped to 5-week lows and settled moderately lower due to the weakness of the Brazilian real (^USDBRL).  The real fell to a 2-1/2 month low against the dollar … - [Trade War Fears Undercut Cocoa Prices](https://todaymarkets.ae/trade-war-fears-undercut-cocoa-prices/): May ICE NY cocoa (CCK25) Tuesday closed down -298 (-3.70%), and May ICE London cocoa #7 (CAK25) closed down -227 (-3.80%). Cocoa prices on Tuesday extended their three-session slide, with NY cocoa falling to a 3-week low and London cocoa dropping to a 5-month low.  Global trade war fears are weighing on cocoa prices on … - [Arabica Coffee Closes Lower as the Brazilian Real Tumbles](https://todaymarkets.ae/arabica-coffee-closes-lower-as-the-brazilian-real-tumbles/): May arabica coffee (KCK25) Tuesday closed down -1.90 (-0.55%), and May ICE robusta coffee (RMK25) closed up +26 (+0.54%). Coffee prices on Tuesday settled mixed.  Arabica coffee was under pressure Tuesday after the Brazilian real (^USDBRL) fell to a 2-1/2 month low against the dollar, encouraging export selling from Brazil’s coffee producers.   However, robusta … - [EUR/USD could target the 1.1100-1.1200 level](https://todaymarkets.ae/eur-usd-could-target-the-1-1100-1-1200-level/): The U.S. announced 104% duties on Chinese imports, set to take effect shortly after midnight. The Dollar Index on confirmed break below 102 can turn bearish to 101-100. The Euro above 1.09/085 can attempt to rise back towards 1.11-1.12. EURINR has risen past 95 and if sustained, can head towards 96-97. USDJPY and EURJPY can trade within 148-144 and 160-164 … - [U.S. economic outlook: Tariffs throw a spanner in the works](https://todaymarkets.ae/u-s-economic-outlook-tariffs-throw-a-spanner-in-the-works/): Tariffs likely will cause a modest stagflationary shock to the U.S. economy Tariffs likely will cause a modest stagflationary shock to the U.S. economy The most notable economic development since we published our previous U.S. Economic Outlook a month ago was the extraordinary increase in tariff rates that President Trump announced on April 2. As we noted … - [Asian Markets: Tariff tantrum hammers calm, panic selling back in play](https://todaymarkets.ae/asian-markets-tariff-tantrum-hammers-calm-panic-selling-back-in-play/): Any illusion of calm in Asia just got nuked. Trump’s latest tariff tantrum hits like a macro wrecking ball, torching what was left of risk appetite and plunging markets back into full-blown panic mode. Cross-asset flows are in chaos, and the only question on every desk this morning is: Is he really willing to light a … - [Goolsbee Tariff Scale is significantly Higher Than The Fed Anticipated. Indices in China Plummeting](https://todaymarkets.ae/goolsbee-tariff-scale-is-significantly-higher-than-the-fed-anticipated-indices-in-china-plummeting/): In an interview that ended just a few minutes ago, Austan Goolsbee from the Fed expressed growing concern over the economic consequences of the new U.S. tariffs. He emphasized that tariffs on intermediate goods — that is, raw materials used in production — could seriously harm American industry and disrupt supply chains. Goolsbee noted that there … - [White House Announces Tariff Hike on China to 104%, Indices Erase Gains](https://todaymarkets.ae/white-house-announces-tariff-hike-on-china-to-104-indices-erase-gains/): White House spokesperson Levitt stated that the U.S. has just imposed an additional 50% tariff on China, raising total tariffs to a record-high 104%. Additional trade restrictions are set to take effect tomorrow, April 9th. This information aligns with yesterday’s statements from Trump, when he threatened an extra 50% tariff on imports from China if … - [NZD/USD - Recommendation From Credit Agricole](https://todaymarkets.ae/nzd-usd-recommendation-from-credit-agricole/): Crédit Agricole Research has issued a recommendation for the NZDUSD currency pair. Crédit Agricole Research recommends taking a long position on the pair with the following levels: Crédit Agricole Research recommends taking a long position on NZDUSD at market price with a target of 0.5800 and a Stop Loss order at 0.5490. Source: xStation5 The … - [Market Update](https://todaymarkets.ae/market-update-4/): At the opening of the U.S. session, we observe dynamic gains. Indices are already up between 3.50–4.00%. The optimism is driven by “exceptionally” positive information conveyed by representatives of the U.S. administration regarding trade negotiations. Update by Topic U.S. Trade Policy and Tariffs Negotiations with China Energy Policy and Coal The material on this page … - [US100 Gains 3.3%](https://todaymarkets.ae/us100-gains-3-3/): Wall Street regains ground; NVIDIA up 7.2% 🚨 The session today shows a wave of recovery after the declines that have been ongoing since Thursday. US indices are gaining around 3% in the first hour of trading (US500 is up 3.01%, US100 3.26%, and US30 is up 2.7%). Although yesterday’s US indices were close to … - [EUR/USD - Recommendation From Credit Agricole](https://todaymarkets.ae/eur-usd-recommendation-from-credit-agricole/): Crédit Agricole Research has issued a recommendation for the EURUSD currency pair. Crédit Agricole Research recommends taking a short position on the pair with the following levels: Entry (at market price): 1.0960Target: 1.0550Stop: 1.1190 Crédit Agricole Research recommends taking a short position on EURUSD at the market price with a target at 1.0550 and a … - [EUR/GBP Recommendation From Credit Agricole](https://todaymarkets.ae/eur-gbp-recommendation-from-credit-agricole-2/): Credit Agricole has issued a recommendation for the EURGBP currency pair. Credit Agricole recommends taking a short position on the EURGBP pair on the following conditions: Entry (market): 0.8555Target price: 0.8350Stop loss: 0.8675 Credit Agricole recommends taking a short position on EURGBP at the market price with a take profit order at 0.8350 and a … - [Trade of The Day - CAD/CHF](https://todaymarkets.ae/trade-of-the-day-cad-chf/): Facts:CADCHF bounced off the key mid-term resistance zoneThe mid-term sentiment remains bearish Recommendation: Trade: Short position on CADCHF at market priceTarget: 0.5980, 0.5950Stop:  0.6075 Opinion: CADCHF has experienced an upward correction recently. Looking at the H1 interval, one can see that sellers managed to halt advance at key mid-term resistance around 0.6055 which is marked with … - [ECB Council Member Simkus Comments - Rate Cut Needed in April](https://todaymarkets.ae/ecb-council-member-simkus-comments-rate-cut-needed-in-april/): “25 bps rate cut [in Eurozone] is needed in April” commented Gediminas Simkus from the Governing Council of the European Central Bank (ECB) for Econostream. The central banker joined the dovish chorus within the ECB, which is growing amid concerns about the negative effects of American retaliatory tariffs and the further escalation of the trade … - [Chart of The Day - Bitcoin](https://todaymarkets.ae/6368-2/): Facts: Recommendation: Trade: Short position on BITCOIN at market priceTarget: 74900, 72610Stop: 82450 Opinion: Bitcoin has experienced an upward correction recently. Looking at the H1 interval, one can see that sellers managed to halt advance at key mid-term resistance around $81,150 which is marked with the upper limit of the 1:1 structure and previous price reactions and … - [U.S FNIB Business Optimism Weaker Than Expected](https://todaymarkets.ae/u-s-fnib-business-optimism-weaker-than-expected/): US NFIB Business Optimism Index Actual 97.4 (Forecast 99, Previous 100.70) NFIB Chief Economist Bill Dunkelberg commented the reading that: “The implementation of new policy priorities has heightened the level of uncertainty among small business owners over the past few months. Small business owners have scaled back expectations on sales growth as they better understand how … - [PBOC Weakens Yuan in Response To Trump's Tariff's](https://todaymarkets.ae/pboc-weakens-yuan-in-response-to-trumps-tariffs/): The Chinese yuan (USDCNH: +0.2%) is returning today to a historical low after the People’s Bank of China (PBOC) weakened the reference rate against the dollar to 7.2038 CNH. The exchange rate broke through the psychological 7.20 level for the first time since Donald Trump’s November election and is now at its lowest point since September … - [European Markets Stage Exit Sideways](https://todaymarkets.ae/european-markets-stage-exit-sideways/): European markets are broadly positive as investors await President Trump’snext move. The volatility gauge VSTOXX fell -4.80% to 31.73, while Spain’s SPA35 dropped -1.04% to 11771. Several markets showed gains, with Polish W20 leading (+2.21% to 2448.6), followed by Austria’s AUT20 (+1.19% to 3564). The EU50 rose 0.79% to 4640.6, and Germany’s DE40 gained 0.75% … - [Markets - Dead Cat Bounce?](https://todaymarkets.ae/markets-dead-cat-bounce/): Markets are in a cautiously optimistic mood on Tuesday after wild swings on an historic Monday for risk assets. US stock markets fell modestly, although the Nasdaq managed eke out a gain, as Nvidia rose more than 3%, and the Magnificent 7 group of tech stocks managed to reverse earlier losses. Does this mean the … - [Chart of The Day - Nadaq100](https://todaymarkets.ae/chart-of-the-day-nadaq100/): Nasdaq 100 (US100) futures are gaining nearly 1% today. While they have rebounded somewhat from yesterday’s sell-off low around 17,600 points, it is hard to speak of a radical improvement in sentiment. The index is still struggling to break above resistance at 18,000 points and is currently trading near the 38.2% Fibonacci retracement level of the … - [Economic Calendar - Light Macro Calendar](https://todaymarkets.ae/economic-calendar-light-macro-calendar/): Market sentiment is slightly more positive today, although the macro calendar is very light and unlikely to drive major moves across financial markets. Investors remain hopeful that the 50% tariffs on China, announced by President Trump, will not come into effect before April 9, and that the two countries will eventually reach an agreement. However, … - [The VIX volatility index remains above 30 points](https://todaymarkets.ae/the-vix-volatility-index-remains-above-30-points/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD keeps the bearish vibe, key support level emerges near $30.00](https://todaymarkets.ae/xag-usd-keeps-the-bearish-vibe-key-support-level-emerges-near-30-00/): The Silver price (XAG/USD) posts modest gains around $30.15 during the Asian trading hours on Tuesday. The upside for the white metal might be limited due to investors liquidating positions to secure profits, possibly covering losses or margin calls on falling asset valuations, fueled by concerns about a global trade war. Nonetheless, the weaker Greenback might help … - [EUR/USD Bulls have the upper hand while above 1.0900, 200-period EMA on H4](https://todaymarkets.ae/eur-usd-bulls-have-the-upper-hand-while-above-1-0900-200-period-ema-on-h4/): The EUR/USD pair regains positive traction during the Asian session on Tuesday, snapping a two-day losing streak and stalling the recent pullback from its highest level since September touched last week. The uptick lifts spot prices to the 1.0975 area, or a fresh daily high in the last hour, and is sponsored by renewed US Dollar … - [XRP battles tariff turbulence amid MVRV buy signal](https://todaymarkets.ae/xrp-battles-tariff-turbulence-amid-mvrv-buy-signal/): Ripple (XRP) seeks stability in a volatile crypto landscape influenced by macroeconomic factors, including reciprocal tariffs. The international money transfer token hit a low of $1.64 on Monday after opening the week at $1.92, representing a 14.5% daily drop. At the time of writing on Tuesday, during the late Asian session, XRP had recovered Monday losses, exchanging … - [Trade war escalates crypto market downturn amid President Trump's new tariff announcement](https://todaymarkets.ae/trade-war-escalates-crypto-market-downturn-amid-president-trumps-new-tariff-announcement/): The cryptocurrency market extended its decline on Monday, stretching its market capitalization loss to $250 billion since the US slapped tariffs on international trading partners. The market looks set for further downside pressure as President Donald Trump threatened to add an extra 50% levy on China. Bitcoin, crypto market dips further as trade war intensifies … - [FX option expiries for Apr 8 NY cut](https://todaymarkets.ae/fx-option-expiries-for-apr-8-ny-cut/): FX option expiries for Apr 8 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts USD/JPY: USD amounts                                  AUD/USD: AUD amounts EUR/GBP: EUR amounts         - [GBP/USD extends backslide as safe haven trade resumes](https://todaymarkets.ae/gbp-usd-extends-backslide-as-safe-haven-trade-resumes/): GBP/USD sank again on Monday, extending Cable into a second straight trading day of declines and pushing bids back down to the 200-day Exponential Moving Average (EMA) just north of 1.2700. After a brief reprieve, The US Dollar has resumed dominating risk-off flows, with deflating investor sentiment bolstering the Greenback across the board. More tariffs? … - [XAU/USD moves away from multi-week low set on Monday; looks to the $3,000 mark](https://todaymarkets.ae/xau-usd-moves-away-from-multi-week-low-set-on-monday-looks-to-the-3000-mark/): Gold price (XAU/USD) regains some positive traction during the Asian session on Tuesday and for now, seems to have snapped a three-day losing streak from a nearly four-week low, around the $2,957-2,956 area touched the previous day. US President Donald Trump’s sweeping reciprocal tariffs announced last week sparked concerns about a global trade war, which could … - [US Treasury Sec. Bessent: Japan's non-tariff barriers are quite high](https://todaymarkets.ae/us-treasury-sec-bessent-japans-non-tariff-barriers-are-quite-high/): US Treasury Secretary Scott Bessent late Wednesday said late Monday that he has not yet received a trade offer from Japan. Nonetheless, Bessent expects Japan to be prioritized in negotiations due to their early approach, per Fox Business Network.  Bessent emphasized that Japan’s non-tariff trade barriers are considerably high. However, he expressed optimism about the … - [Soybeans Hold onto Weekly Gains Despite Weaker Friday Action](https://todaymarkets.ae/soybeans-hold-onto-weekly-gains-despite-weaker-friday-action/): Soybean futures closed out Friday with contracts down 4 to 7 ¼ cents, as July was still up 10 ¼ cents this week. November saw a 15 cent pop since last Friday. The cmdtyView Cash Bean price was down 7 1/4 cents to $10.11. Soymeal futures were $2.20-2.40/ton lower on the day, but held onto a $4.30 gain this … - [Cotton Pushes Higher into Long Weekend](https://todaymarkets.ae/cotton-pushes-higher-into-long-weekend/): Cotton futures closed out the week with Friday gains of 25 to 50 points, as July was up 122 points this week. Crude oil prices were up 51 cents on the day, with the US dollar index down $0.849 to $99.000. The market will be closed on Monday for Memorial Day, as well as the government … - [Sugar Prices Fall on Projections for Record Global Sugar Production](https://todaymarkets.ae/sugar-prices-fall-on-projections-for-record-global-sugar-production/): July NY world sugar #11 (SBN25) Friday closed down -0.11 (-0.63%), and August London ICE white sugar #5 (SWQ25) closed down -4.50 (-0.92%). Sugar prices on Friday extended this week’s sell-off, with NY sugar posting a 2-week low and London sugar posting a 4-month low.  Over the past week, expectations for a global sugar surplus … - [Cocoa Prices Plunge as Prospects Improve for West African Cocoa Crops](https://todaymarkets.ae/cocoa-prices-plunge-as-prospects-improve-for-west-african-cocoa-crops/): July ICE NY cocoa (CCN25) Friday closed down -514 (-5.00%), and July ICE London cocoa #7 (CAN25) closed down -455 (-6.41%). Cocoa prices on Friday plummeted to 1-1/2 week lows and settled sharply lower as forecasts for favorable rain in West Africa are expected to aid cocoa crop development in the world’s largest cocoa-growing regions. … - [Coffee Prices Rebound as Dollar Weakness Spurs Short Covering](https://todaymarkets.ae/coffee-prices-rebound-as-dollar-weakness-spurs-short-covering/): July arabica coffee (KCN25) Friday closed up +0.25 (+0.07%), and July ICE robusta coffee (RMN25) closed up +3 (+0.06%). Coffee prices on Friday recovered from early losses and closed slightly higher.  Short covering emerged in coffee futures Friday after the dollar index (DXY00) sank to a 3-week low. Coffee prices initially moved lower on Friday, … - [EUR/GBP remains above 0.8400 following German GDP, UK Retail Sales data](https://todaymarkets.ae/eur-gbp-remains-above-0-8400-following-german-gdp-uk-retail-sales-data/): EUR/GBP recovers its recent losses registered in the previous session, trading around 0.8410 during the Asian hours on Friday. The currency cross advances as the Euro (EUR) attracts buying support following Germany’s Gross Domestic Product (GDP) data for the first quarter, released by Destatis. German GDP quarter-over-quarter rose 0.4% in the first quarter, against the market expectations of a steady … - [USD/CHF drops to near 0.8250 as US Dollar retraces gains due to growing debt concerns](https://todaymarkets.ae/usd-chf-drops-to-near-0-8250-as-us-dollar-retraces-gains-due-to-growing-debt-concerns/): USD/CHF retraces its recent gains registered in the previous session, trading around 0.8260 during the European hours on Friday. Meanwhile, the US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is trading lower at around 99.60 near two-week lows. The Greenback stepped down due to growing debt concerns in … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-2/): The US dollar weakened against the Japanese yen, with USD/JPY down 0.5% to 143.45 as Japan’s core inflation surged to 3.5% in April – its fastest annual pace in over two years – while escalating US tariff pressures continue to weigh on Japan’s export-dependent economy. Inflation Surge Boosts Rate Hike Expectations Japan’s core consumer price … - [Economic Calendar - German GDP And UK Retail Sales in Focus](https://todaymarkets.ae/economic-calendar-german-gdp-and-uk-retail-sales-in-focus/): Today’s economic calendar features key growth and consumption data from major economies, with UK retail sales showing resilience and German GDP providing insights into Eurozone recovery. Markets will also monitor U.S. housing data and oil rig counts as central bank officials continue their commentary amid ongoing fiscal and trade uncertainties. Key Economic Data (BST) 07:00 … - [XAG/USD rises above $33.00, receives support from safe-haven demand](https://todaymarkets.ae/xag-usd-rises-above-33-00-receives-support-from-safe-haven-demand/): Silver price (XAG/USD) edges higher after registering losses over 1% in the previous session, hovering around $33.10 per troy ounce during the Asian trading hours on Friday. The manufacturing-sensitive commodities, including Silver, faced challenges due to growing concerns regarding the increase in the fiscal deficit in the United States (US). However, rising safe-haven demand over these … - [AUD strengthens as Trump's One Big Beautiful Bill advances to Senate floor](https://todaymarkets.ae/aud-strengthens-as-trumps-one-big-beautiful-bill-advances-to-senate-floor/): The Australian Dollar (AUD) posts gains against the US Dollar (USD) on Friday after registering losses in the previous session. The AUD/USD pair jumps as the Greenback comes under pressure, driven by lower US Treasury yields, which continue to depreciate after the 30-year US bond yield topped in 19 months. US President Donald Trump’s “One … - [GBP/USD rebounds above 1.3450 toward 39-month highs, UK Retail Sales eyed](https://todaymarkets.ae/gbp-usd-rebounds-above-1-3450-toward-39-month-highs-uk-retail-sales-eyed/): GBP/USD posts gains of about a quarter of a percent in the Asian hours on Friday, trading around 1.3450 at the time of writing. The pair edges higher as the Pound Sterling (GBP) attracts buyers after the GfK better-than-expected Consumer Confidence Index for the United Kingdom (UK) was released. Traders await UK Retail Sales, scheduled … - [XAU/USD consolidates around $3,300 mark, bullish potential seems intact](https://todaymarkets.ae/xau-usd-consolidates-around-3300-mark-bullish-potential-seems-intact/): Gold price (XAU/USD) lacks any firm intraday direction on Friday and seesaws between tepid gains/minor losses, around the $3,300 mark during the Asian session on Friday. The XAU/USD bears, however, seem reluctant to place aggressive bets and positioning for an extension of the previous day’s pullback from over a two-week high on the back of US … - [JPY adds to stronger CPI-inspired gains; seems poised to climb further](https://todaymarkets.ae/jpy-adds-to-stronger-cpi-inspired-gains-seems-poised-to-climb-further/): The Japanese Yen (JPY) strengthens further against a broadly weaker US Dollar (USD) and drags the USD/JPY pair back below mid-143.00s during the Asian session on Friday. Hotter consumer inflation figures released from Japan earlier today reaffirmed market bets that the Bank of Japan (BoJ) will continue raising interest rates, which, in turn, is seen … - [USD/INR gains ground on foreign outflows](https://todaymarkets.ae/usd-inr-gains-ground-on-foreign-outflows/): The Indian Rupee (INR) trades in negative territory on Friday. Likely foreign outflows from domestic equities and higher crude oil prices undermine the Indian currency. Furthermore, consumer inflation in India fell more than expected to a near six-year low in April, strengthening bets that the Reserve Bank of India (RBI) is due to extend its rate-cutting cycle.  However, a … - [EUR/USD climbs above 1.1300 ahead of German Q1 GDP data](https://todaymarkets.ae/eur-usd-climbs-above-1-1300-ahead-of-german-q1-gdp-data/): EUR/USD recovers its recent losses posted in the previous session, trading around 1.1310 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) struggles due to a drop in US Treasury yields, which continue to depreciate after the 30-year US bond yield pulled back from 5.15%, the highest in 19 months. US … - [USD/CAD slides to 1.3825 area, back closer to two-week low on weaker USD](https://todaymarkets.ae/usd-cad-slides-to-1-3825-area-back-closer-to-two-week-low-on-weaker-usd/): The USD/CAD pair attracts fresh sellers following the previous day’s brief pause and slides to the 1.3825 area during the Asian session on Friday. Spot prices remain close to a two-week low touched on Wednesday and seem vulnerable to weaken further amid a broadly weaker US Dollar (USD). Traders ramped up their bets for further … - [Crude Prices Weighed Down by Fears of a Global Supply Glut](https://todaymarkets.ae/crude-prices-weighed-down-by-fears-of-a-global-supply-glut/): July WTI crude oil (CLN25) Thursday closed down -0.37 (-0.60%) and July RBOB gasoline (RBN25) closed down -0.0127 (-0.60%). Crude oil and gasoline prices on Thursday fell to 1-week lows and settled lower.  Thursday’s stronger dollar was bearish for energy prices.  Also, concerns about a global supply glut of crude oil undercut prices after Bloomberg … - [Nat-Gas Prices Fall as Weekly EIA Inventories Climb More Than Expected](https://todaymarkets.ae/nat-gas-prices-fall-as-weekly-eia-inventories-climb-more-than-expected/): June Nymex natural gas (NGM25) on Thursday closed down by -0.115 (-3.41%). June nat-gas prices tumbled on Thursday due to a larger-than-expected build-in of weekly inventories.  Weekly EIA mat-gas inventories on Thursday rose by +120 bcf for the week ended May 16, above expectations of +119 bcf and well above the five-year average for this … - [Wheat Trades Lower](https://todaymarkets.ae/wheat-trades-lower/): The wheat complex trading posted losses across most contracts on Thursday, with some in the KC market holding higher. Chicago SRW futures were 3 to 5 cents lower on the day. The Kansas City HRW contracts were fractionally mixed on the session. Minneapolis spring wheat futures were down 3 to 4 cents at the close … - [Soybeans Higher, Assisted by Meal Strength](https://todaymarkets.ae/soybeans-higher-assisted-by-meal-strength/): Soybean futures saw stronger action into the Thursday close despite a weaker start overnight. Contracts closed with 3 to 5 cent gains as meal gains were supportive. The cmdtyView Cash Bean price was up 5 cents to $10.18 1/5. Soymeal futures were $3.10 to 4.60/ton higher on the day, with Soy Oil futures down 37 to 72 points. USDA released their … - [Corn Futures - Trading Mixed](https://todaymarkets.ae/corn-futures-trading-mixed/): Corn futures posted mixed action on Thursday, with nearby July up 2 cents and other contracts 1 to 3 cents lower. The front month CmdtyView national average Cash Corn price was up 2 1/2 cents at $4.36 1/4. This morning’s Export Sales report showed 1.19 MMT in corn sales during the week of May 15, in between … - [Cattle Rally into Close](https://todaymarkets.ae/cattle-rally-into-close/): Live cattle futures posted gains of $1.45 to $2.15 across the front months on Thursday.  Cash trade started was reported at $230-231 live in the north and dressed at $360-370. A few sales were picked up in KS at $224-229. Feeder cattle futures closed the Thursday session with contracts up $3.25 to $3.60 and nearby … - [Cotton futures pull back](https://todaymarkets.ae/cotton-futures-pull-back/): Thursday’s price action saw cotton futures pull back, closing down 40 to 47 points in the nearbys. Crude oil prices were down 77 cents so far on the day, with the US dollar index up $0.400 to $99.835. Export Sales data indicated a total of 141,428 RB of cotton sold in the week that ended … - [Coffee Prices Settle Sharply Lower on Improved Supply Prospects](https://todaymarkets.ae/coffee-prices-settle-sharply-lower-on-improved-supply-prospects/): July arabica coffee (KNC25) Thursday closed down -9.55 (-2.58%), and July ICE robusta coffee (RMN25) closed down -116 (-2.37%). Coffee prices on Thursday sold off sharply, with arabica falling to a 5-week low and robusta tumbling to a 6-week low.   An increase in ICE coffee inventories is weighing on prices.  ICE-monitored robusta coffee inventories … - [Beneficial Rain in West Africa Hammers Cocoa Prices](https://todaymarkets.ae/beneficial-rain-in-west-africa-hammers-cocoa-prices/): July ICE NY cocoa (CCN25) Thursday closed down -441 (-4.11%), and July ICE London cocoa #7 (CAN25) closed down -354 (-4.75%). Cocoa prices plunged on Thursday to 1-week lows.  Expectations for favorable rain in West Africa to aid cocoa crop development hammered cocoa prices Thursday after meteorologist Vaisala said that moderate showers are expected to … - [Sugar Prices Pressured by the Outlook for a Global Surplus](https://todaymarkets.ae/sugar-prices-pressured-by-the-outlook-for-a-global-surplus/): July NY world sugar #11 (SBN25) Thursday closed down -0.30 (-1.69%), and August London ICE white sugar #5 (SWQ25) closed down -9.60 (-1.93%). Sugar prices settled lower on Thursday, consolidating just above Tuesday’s 2-week lows.  Over the past week, expectations for a global sugar surplus have weighed on sugar.  Last Wednesday, consultant Datagro projected a … - [Chart of The Day - TNOTE](https://todaymarkets.ae/chart-of-the-day-tnote/): The U.S. debt market just had one of its worst sessions this year, and weak demand at yesterday’s bond auction intensified the trend of selling off all types of American assets. The lack of appetite for U.S. debt highlights concerns over Trump’s proposed tax bill and the long-term trajectory of an already bloated deficit. The 10-year … - [USD/CHF extends downside to near 0.8250, US PMI data in focus](https://todaymarkets.ae/usd-chf-extends-downside-to-near-0-8250-us-pmi-data-in-focus/): The USD/CHF pair extends the decline to around 0.8250 during the early European session on Thursday. The Greenback weakens against the Swiss Franc (CHF) due to US fiscal concerns. Traders will take more cues from the advanced US S&P Purchasing Managers Index (PMI) for May.  US President Donald Trump’s “One Big, Beautiful Bill” is set to be … - [](https://todaymarkets.ae/9529-2/): Today’s session will be dominated by preliminary PMI readings for May. These indicators will be closely watched by investors for new trends in service and manufacturing activity, especially in the context of the dramatic shift in the White House’s rhetoric on tariffs. PMI readings in recent months have painted a rather mixed picture of business conditions … - [USD/CAD trades with negative bias around mid-1.3800s, just above two-week low](https://todaymarkets.ae/usd-cad-trades-with-negative-bias-around-mid-1-3800s-just-above-two-week-low/): The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3815-1.3810 region, or a two-week low, and trades with a negative bias for the fourth consecutive day on Thursday. Spot prices trade around mid-1.3800s during the Asian session and seem vulnerable to extend the weekly downtrend. Crude Oil prices regain positive traction following the previous … - [EUR/GBP remains below 0.8450, moves little ahead of PMI data from both economies](https://todaymarkets.ae/eur-gbp-remains-below-0-8450-moves-little-ahead-of-pmi-data-from-both-economies/): EUR/GBP posts little losses after registering gains in the previous three consecutive days. The currency cross trades lower at around 0.8440 during Thursday’s Asian hours. The Euro (EUR) dips against its peers ahead of the HCOB Purchasing Managers Index (PMI) for the Eurozone, scheduled to be released later in the day. According to the preliminary estimates, the Eurozone’s … - [EUR/JPY Keeps bullish vibe, first upside target emerges above 163.00](https://todaymarkets.ae/eur-jpy-keeps-bullish-vibe-first-upside-target-emerges-above-163-00/): The EUR/JPY cross attracts some sellers to around 162.35 during the early European session on Thursday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid the growing speculation that the Bank of Japan (BoJ) will hike interest rates again this year.  Technically, the constructive outlook of EUR/JPY remains in place as the cross is well-supported above the … - [Cocoa Prices Retreat as ICE Inventories Climb](https://todaymarkets.ae/cocoa-prices-retreat-as-ice-inventories-climb/): July ICE NY cocoa (CCN25) Wednesday closed down -155 (-1.43%), and July ICE London cocoa #7 (CAN25) closed down -187 (-2.45%). Cocoa prices on Wednesday retreated on signs of ample inventories.  ICE-monitored cocoa inventories held in US ports climbed to a 7-3/4 month high Wednesday of 2,165,175 bags. Losses in London cocoa accelerated Wednesday after … - [Dollar Weakness Supports Coffee Prices](https://todaymarkets.ae/dollar-weakness-supports-coffee-prices/): July arabica coffee (KCN25) Wednesday closed up +1.00 (+0.27%), and July ICE robusta coffee (RMN25) closed unchanged. Coffee prices recovered from early losses on Wednesday and settled mixed.  Wednesday’s decline in the dollar index (DXY00) to a 2-week low sparked short covering in coffee futures. However, an increase in ICE coffee inventories limited gains in … - [Cattle Close Mixed, with Fats Higher on Cash Strength](https://todaymarkets.ae/cattle-close-mixed-with-fats-higher-on-cash-strength/): Live cattle futures were higher at the Wednesday close, with contracts up 70 cents to $1. Cash trade started on Wednesday, with sales of $229-230 live in the north and dressed at $360-370. A few sales were picked up in KS at $224-227. The Wednesday morning Fed Cattle Exchange online auction from Central Stockyards showed … - [WTI slumps to near $61.00, traders await fresh round of nuclear talks between US and Iran](https://todaymarkets.ae/wti-slumps-to-near-61-00-traders-await-fresh-round-of-nuclear-talks-between-us-and-iran/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.10 during the Asian trading hours on Thursday. The WTI price edges lower on the report that a fresh round of nuclear talks between the United States and Iran would take place later this week. On Tuesday, the US obtained new intelligence suggesting that … - [BoJ’s Noguchi: Japan’s economy is growing steadily](https://todaymarkets.ae/bojs-noguchi-japans-economy-is-growing-steadily/): Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday that the Japanese economy is growing steadily. Noguchi further stated that the central bank is likely to keep adjusting the policy rate, while carefully assessing whether underlying inflation would be stabilising around 2%. Key quotes Japan’s economy is growing steadily.Japan’s economy is currently shifting to … - [XAU/USD hits two-week high as USD declines on deteriorating US fiscal outlook](https://todaymarkets.ae/xau-usd-hits-two-week-high-as-usd-declines-on-deteriorating-us-fiscal-outlook/): Gold price (XAU/USD) prolongs the uptrend for the fourth consecutive day and climbs to a nearly two-week high, around the $3,344-3,345 area during the Asian session on Thursday. Investors remain on edge following the US sovereign credit rating downgrade by Moody’s and growing worries about rising US deficit on the back of US President Donald Trump’s … - [JPY stands firm near two-week top against USD on BoJ rate hike bets](https://todaymarkets.ae/jpy-stands-firm-near-two-week-top-against-usd-on-boj-rate-hike-bets/): The Japanese Yen (JPY) retains its positive bias through the Asian session and trades near a two-week high touched against a broadly weaker US Dollar (USD) earlier this Thursday. Japan’s upbeat Machinery Orders data countered recession fears and boosted hopes for an economic recovery. This, along with the growing acceptance that the Bank of Japan … - [GBP/USD rises to near 1.3450 ahead of UK PMI data](https://todaymarkets.ae/gbp-usd-rises-to-near-1-3450-ahead-of-uk-pmi-data/): GBP/USD trades higher for the fourth successive day with trading around 1.3430 during the Asian hours on Thursday. The upside of the pair is attributed to the weaker US Dollar (USD), which continues to face challenges after Moody’s downgraded the US credit rating from Aaa to Aa1, following similar downgrades by Fitch Ratings in 2023 … - [US House Rules Committee approves US President Donald Trump's sweeping tax-cut bill](https://todaymarkets.ae/us-house-rules-committee-approves-us-president-donald-trumps-sweeping-tax-cut-bill/): Update: The House Rules Committee approves US President Donald Trump’s sweeping tax-cut bill. US House rules Rules Committee stated that a full house floor vote on Trump tax cut bill is set stage in the coming hours.  Market reaction The above headlines fail to move the needle around the US Dollar Index (DXY) as it continues trade 0.10% lower on the … - [USD/INR softens ahead of Indian/US PMI releases](https://todaymarkets.ae/usd-inr-softens-ahead-of-indian-us-pmi-releases/): The Indian Rupee (INR) gathers strength on Thursday. The strength in Asian peers, a weaker US Dollar (USD) and lower crude oil prices provide some support to the Indian currency. Furthermore, a multi-phase trade deal between the US and India might contribute to the INR’s upside. Nonetheless, the rising expectation that the Reserve Bank of India (RBI) … - [AUD holds ground as US Dollar struggles on shaky market sentiment](https://todaymarkets.ae/aud-holds-ground-as-us-dollar-struggles-on-shaky-market-sentiment/): The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday, extending its gains for the second successive day. The AUD/USD pair maintains its position following the release of the preliminary S&P Global Purchasing Managers Index (PMI) data. Australia’s Manufacturing Purchasing Managers Index came in at 51.7 in May versus 51.7 prior. Meanwhile, … - [EUR/USD hovers near 1.1350, two-week highs ahead of HCOB PMI for Eurozone](https://todaymarkets.ae/eur-usd-hovers-near-1-1350-two-week-highs-ahead-of-hcob-pmi-for-eurozone/): EUR/USD is hovering around 1.1340, close to two-week highs during the Asian trading hours. The Euro (EUR) continues its winning streak for the fourth consecutive session ahead of the HCOB Purchasing Managers Index (PMI) for the Eurozone, scheduled to be released later in the day. According to the preliminary estimates, the overall business activity is expected to have grown … - [Crude Prices Settle Lower as EIA Crude Inventories Rise to a 10-Month High](https://todaymarkets.ae/crude-prices-settle-lower-as-eia-crude-inventories-rise-to-a-10-month-high/): July WTI crude oil (CLN25) Wednesday closed down -0.46 (-0.74%) and July RBOB gasoline (RBN25) closed up +0.0003 (+0.01%). Crude oil prices on Wednesday fell from a 1-month high and turned lower after weekly EIA crude inventories unexpectedly rose to a 10-month high.  Crude prices Wednesday initially spiked higher on escalating geopolitical risks in the … - [Nat-Gas Gives up Early Gains on the Outlook for Higher EIA Inventories](https://todaymarkets.ae/nat-gas-gives-up-early-gains-on-the-outlook-for-higher-eia-inventories/): June Nymex natural gas (NGM25) on Wednesday closed downy by -0.314 (+10.09%). June nat-gas prices on Wednesday gave up an early advance and settled lower, giving back some of Tuesday’s sharp gains.  Long liquidation pressures emerged in nat-gas futures on expectations that EIA nat-gas inventories will continue to build.  The consensus is that Thursday’s EIA … - [Soybeans Pushing Higher on Wednesday Trade](https://todaymarkets.ae/soybeans-pushing-higher-on-wednesday-trade/): The bean market is trading with contracts 8 to 9 cents in the green. Soybeans saw higher trade at Tuesday’s close, with contracts up 2 to 4 cents across most front months. The cmdtyView Cash Bean price was up 2 ¼ cents to $10.03 1/2. Soymeal futures were up 70 cents to $1.50/ton on the day, with Soy Oil futures closing … - [Cotton Slipping to Lower Levels](https://todaymarkets.ae/cotton-slipping-to-lower-levels/): Cotton prices are trading with 29 to 40 point losses on Wednesday morning. Futures had some outside market support on Tuesday, with contracts up 30 to 50 points.  Crude oil prices were up 12 cents, with the US dollar index down another $0.413 to $99.875. NASS pegged the US cotton crop at 40% planted as … - [NZD/USD holds above 0.5900 on weaker US Dollar, renewed US-China tensions might cap its upside](https://todaymarkets.ae/nzd-usd-holds-above-0-5900-on-weaker-us-dollar-renewed-us-china-tensions-might-cap-its-upside/): The NZD/USD pair attracts some buyers to around 0.5935 during the early Asian session on Wednesday, bolstered by a weaker US Dollar (USD). The Federal Reserve’s (Fed) Thomas I. Barkin is scheduled to speak later on Wednesday. Data released by  Statistics New Zealand on Wednesday showed that the country’s trade surplus soared to NZ$1,426 million … - [XAG/USD consolidates around $33.00; seems poised to climb further](https://todaymarkets.ae/xag-usd-consolidates-around-33-00-seems-poised-to-climb-further/): Silver (XAG/USD) retreats slightly following an Asian session uptick to the $33.20 area, or over a one-week high, and erodes a part of the previous day’s strong move up. The white metal currently trades around the $33.00 mark, down 0.30% for the day, though the technical setup favors bullish traders. Tuesday’s close above the $33.00 mark … - [JPY adds to intraday gains amid hawkish BoJ expectations; USD/JPY plummets below 144.00](https://todaymarkets.ae/jpy-adds-to-intraday-gains-amid-hawkish-boj-expectations-usd-jpy-plummets-below-144-00/): The Japanese Yen (JPY) remains on the front foot amid the growing acceptance that the Bank of Japan (BoJ) will hike interest rates again in 2025 amid fears of broader and more entrenched price increases in Japan. The expectations were reaffirmed by BoJ Deputy Governor Shinichi Uchida’s hawkish comments earlier this week, which, along with … - [AUD holds gains as USD extends losses on Fed caution](https://todaymarkets.ae/aud-holds-gains-as-usd-extends-losses-on-fed-caution/): The Australian Dollar (AUD) depreciates against the US Dollar (USD) on Wednesday, recovering after registering more than 0.50% losses in the previous session. The AUD/USD pair appreciates as the US Dollar extends its decline, pressured by cautious remarks from Federal Reserve (Fed) officials regarding the economic outlook and business sentiment. Cleveland Fed President Beth Hammack … - [USD/INR rises amid ongoing US Dollar demand](https://todaymarkets.ae/usd-inr-rises-amid-ongoing-us-dollar-demand/): The Indian Rupee (INR) edges lower on Wednesday. The US Dollar (USD) bids from foreign banks, likely on behalf of custodial clients, and the weaker Chinese Yuan weigh on the Indian currency. Additionally, a decline in local equities and a rise in crude oil prices also undermine the INR.  Nonetheless, a multi-phase trade deal between the US and India … - [EUR/USD Bullish outlook remains in play above 1.1300](https://todaymarkets.ae/eur-usd-bullish-outlook-remains-in-play-above-1-1300/): The EUR/USD pair gathers strength to near 1.1330 during the early European session on Wednesday, bolstered by a weaker US Dollar (USD). The “sell America” theme continues after Moody’s lowered the US rating from ‘Aaa’ to ‘Aa1’, citing that successive US administrations had failed to reverse ballooning deficits and interest costs. Technically, the constructive outlook of EUR/USD … - [UK CPI likely to surge sharply in April, pressuring BoE’s easing plans](https://todaymarkets.ae/uk-cpi-likely-to-surge-sharply-in-april-pressuring-boes-easing-plans/): The United Kingdom (UK) will release the Consumer Price Index (CPI) data for April on Wednesday at 06:00 GMT. The report, released by the Office for National Statistics (ONS), has a relevant impact on the Sterling Pound (GBP) amid its potential effect on future Bank of England (BoE) monetary policy decisions. Inflation, as measured by the CPI, is foreseen … - [XAU/USD - Gold price retakes $3,300 amid a broadly weaker USD](https://todaymarkets.ae/xau-usd-gold-price-retakes-3300-amid-a-broadly-weaker-usd/): Gold price (XAU/USD) prolongs its weekly uptrend for the third straight day and climbs further beyond the $3,300 mark, to a one-and-a-half-week high during the Asian session on Wednesday. The US Dollar (USD) selling bias remains unabated in the wake of US fiscal concerns, which led to a downgrade of the US government’s sovereign credit rating … - [USD/CHF drops to two-week low, eyes 0.8200 amid sustained USD selling bias](https://todaymarkets.ae/usd-chf-drops-to-two-week-low-eyes-0-8200-amid-sustained-usd-selling-bias/): The USD/CHF pair continues to lose ground for the third successive day and drops to a two-week low, around the 0.8220-0.8215 region during the Asian session on Wednesday. Moreover, the fundamental backdrop suggests that the path of least resistance for spot prices remains to the downside. The US Dollar (USD) selling bias remains unabated in the wake … - [GBP/USD Rises toward highs since February 2022 near 1.3450](https://todaymarkets.ae/gbp-usd-rises-toward-highs-since-february-2022-near-1-3450/): The GBP/USD pair extends its winning streak for the third successive session, trading around 1.3430 during Wednesday’s Asian hours. The technical analysis of the daily chart suggests a persistent bullish bias as the pair remains within an ascending channel pattern. However, the GBP/USD pair continues to rise above the nine-day Exponential Moving Average (EMA), suggesting the short-term … - [Nat-Gas Prices Surge on Forecasts for Hot US Weather](https://todaymarkets.ae/nat-gas-prices-surge-on-forecasts-for-hot-us-weather/): June Nymex natural gas (NGM25) on Tuesday closed up sharply by +0.314 (+10.09%). June nat-gas prices surged on Tuesday and settled sharply higher.  Nat-gas prices rallied on forecasts for warm weather that would boost nat-gas demand from electricity providers to run air conditioning.  On Tuesday, Traditional Energy said hot temperatures are expected in the western … - [Risk-Off Sentiment in Asset Markets Weighs on Crude Prices](https://todaymarkets.ae/risk-off-sentiment-in-asset-markets-weighs-on-crude-prices/): June WTI crude oil (CLM25) Tuesday closed down -0.13 (-0.21%) and June RBOB gasoline (RBM25) closed up +0.0133 (+0.62%). Crude oil prices on Tuesday posted modest losses as weakness in equity markets sparked risk-off sentiment in asset markets and dampened confidence in the economic outlook and energy demand.  Losses in crude were limited as the … - [Cattle Futures Close on a Mixed Note](https://todaymarkets.ae/cattle-futures-close-on-a-mixed-note/): Live cattle futures ended the Tuesday session on a mixed note, as contracts were anywhere from 22 cents higher to 7 cents lower in the nearbys. Cash trade has yet to see a broad test this week, with some light $219 KS sales reported on Monday. Last week’s Southern sales were $218-220 and $229 in … - [Wheat Post Double Digit Strength](https://todaymarkets.ae/wheat-post-double-digit-strength/): The wheat complex posted a fresh round of buying on Tuesday, with double digit gains across all three exchanges. Chicago SRW futures were up 16 to 17 cents on the session.  Kansas City HRW contracts closed with 13 to 14 cent gains. Minneapolis spring wheat futures were 11 to 13 cents higher. Some in the … - [Corn futures helped by a stronger wheat complex](https://todaymarkets.ae/corn-futures-helped-by-a-stronger-wheat-complex/): Corn futures were helped by a stronger wheat complex on Tuesday, as contracts closed with 6 to 7 cent nearby gains. The front month CmdtyView national average Cash Corn price was up 7 1/4 cents at $4.27. EIA will release their weekly ethanol production update on Wednesday, with the trade looking for a rebound from last week’s … - [Soybeans Close with Gains](https://todaymarkets.ae/soybeans-close-with-gains/): Soybeans saw higher trade at Tuesday’s close, with contracts up 2 to 4 cents across most front months. The cmdtyView Cash Bean price was up 2 ¼ cents to $10.03 1/2. Soymeal futures were up 70 cents to $1.50/ton on the day, with Soy Oil futures closing up 6 to 15 points. The US soybean crop was tallied at 66% planted … - [Where Are Cocoa Prices Heading?](https://todaymarkets.ae/where-are-cocoa-prices-heading/): Before 2024, the all-time peak in ICE cocoa futures was $5,104 per ton in 1977. Last year, they blew through that level like a hot knife through butter, reaching nearly $13,000 per ton. In 2025, the continuous contract traded between $7,613 and $11,882 per ton. At over the $10,800 level in May, cocoa futures are … - [Coffee Prices Fall on Projections for Higher Coffee Production](https://todaymarkets.ae/coffee-prices-fall-on-projections-for-higher-coffee-production/): July arabica coffee (KCN25) Tuesday closed down -5.40 (-1.44%), and July ICE robusta coffee (RMN25) closed down -70 (-1.41%). Coffee prices on Tuesday fell sharply on the outlook for higher coffee production.  On Monday, the USDA’s Foreign Agriculture Service (FAS) forecast that Brazil’s 2025/26 coffee production will climb +0.5% y/y to 65 million bags and … - [Rising ICE Cocoa Inventories Undercut Cocoa Prices](https://todaymarkets.ae/rising-ice-cocoa-inventories-undercut-cocoa-prices/): July ICE NY cocoa (CCN25) Tuesday closed down -100 (-0.91%), and July ICE London cocoa #7 (CAN25) closed down -12 (-0.16%). Cocoa prices on Tuesday gave up an early advance and turned lower, with NY cocoa falling from a 3-1/2 month nearest-futures high.  An increase in cocoa inventories sparked long liquidation in cocoa futures Tuesday … - [Expectations for Abundant Supplies Pressures Sugar Prices](https://todaymarkets.ae/expectations-for-abundant-supplies-pressures-sugar-prices/): July NY world sugar #11 (SBN25) Tuesday closed down -0.11 (-0.63%), and August London ICE white sugar #5 (SWQ25) closed down -2.40 (-0.49%). Sugar prices on Tuesday settled lower and posted 1-1/2 week lows.  Over the past week, expectations for a global sugar surplus have weighed on prices.  Last Wednesday, consultant Datagro projected a 2025/26 … - [Cotton Closes Higher on Tuesday](https://todaymarkets.ae/cotton-closes-higher-on-tuesday/): Cotton futures had some outside market support on Tuesday, with contracts up 30 to 50 points.  Crude oil prices were up 12 cents, with the US dollar index down another $0.413 to $99.875. NASS pegged the US cotton crop at 40% planted as of Sunday, slightly behind the 5-year average at 43%. The crop was … - [NATGAS Surges Over 5% Reversing Yesterdays Decline](https://todaymarkets.ae/natgas-surges-over-5-reversing-yesterdays-decline/): Henry Hub natural gas futures (NATGAS) are rising over 5% today, reversing yesterday’s sell-off. It’s difficult to pinpoint a single driver behind the rally, but several factors may be contributing. Among them is the upward momentum in European gas prices, supported by the ongoing conflict in Ukraine—especially after the recent Trump–Putin conversation—which clearly does not suggest … - [Trade of The Day - Russell 2000](https://todaymarkets.ae/trade-of-the-day-russell-2000/): Facts: Recommendation: Short position on US2000 at the market price Opinion: The rebound on Wall Street in recent weeks has lifted most indices into technical overbought zones calculated by the 14-day RSI indicator hovering near 70 points. Small-cap companies represented by the Russell 2000 index are more dependent on the level of interest rates in … - [EUR/GBP holds gains above 0.8400 despite worse-than-expected German PPI data](https://todaymarkets.ae/eur-gbp-holds-gains-above-0-8400-despite-worse-than-expected-german-ppi-data/): EUR/GBP extends its upward momentum for a second consecutive session, trading around 0.8420 during European hours on Tuesday. The currency cross remains supported as the Euro (EUR) benefits from improved risk sentiment, driven by easing geopolitical tensions and anticipation of developments on the Russia-Ukraine trade front. US President Donald Trump held a call with Russian President Vladimir Putin … - [USD/CHF remains on the defensive below 0.8350 on weaker US Dollar](https://todaymarkets.ae/usd-chf-remains-on-the-defensive-below-0-8350-on-weaker-us-dollar/): The USD/CHF pair remains under selling pressure around 0.8335 during the early European session on Tuesday. The rising bets that the Federal Reserve (Fed) will lower borrowing costs further this year weigh on the Greenback against the Swiss Franc. Later on Tuesday, the Federal Reserve (Fed) officials are set to speak, including Thomas Barkin, Alberto Musalem, Adriana Kugler, Raphael … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-3/): The Australian dollar weakened against the US dollar, with AUD/USD falling 0.5% to 0.6428 after the Reserve Bank of Australia cut its benchmark interest rate by 25 basis points to 3.85%, marking its second reduction this year and bringing rates to a two-year low. Dovish RBA Outlook The RBA cited diminishing inflation risks and growing … - [Cattle Post Mixed Action on Monday](https://todaymarkets.ae/cattle-post-mixed-action-on-monday/): Live cattle futures posted higher trade on Monday, with contracts up 75 cents to $1.20. Cash action was quiet on Monday, with last week’s Southern sales at $218-220, steady, and $229 in the north. Feeder cattle futures were mixed on the day, with front months down 12 cents to $1.17 and some fall contracts higher. … - [Economic Calendar - Canadian CPI And Euro-zone Data in Focus](https://todaymarkets.ae/economic-calendar-canadian-cpi-and-euro-zone-data-in-focus/): Today’s economic calendar features key central bank decisions with China’s PBoC cutting benchmark rates and the RBA expected to deliver a rate cut. Markets will also focus on Eurozone consumer confidence and Canadian inflation data as trade tensions continue to affect global economic outlooks. Key Economic Data (BST) 07:30 – RBA Press Conference 09:00 – … - [Sugar Prices Slip as Supply Concerns Ease](https://todaymarkets.ae/sugar-prices-slip-as-supply-concerns-ease/): July NY world sugar #11 (SBN25) Monday closed down -0.07 (-0.40%), and August London ICE white sugar #5 (SWQ25) closed down -0.60 (-0.12%). Sugar prices on Monday gave up an early advance and closed lower, with NY sugar falling to a 1-week low.  Expectations for a global sugar surplus have weighed on sugar prices over … - [Nat-Gas Prices Slump on Ample Supplies and Cool Spring Temps](https://todaymarkets.ae/nat-gas-prices-slump-on-ample-supplies-and-cool-spring-temps/): June Nymex natural gas (NGM25) on Monday closed down by -0.221 (-6.63%). June nat-gas prices on Monday extended their week-long slide to a 3-week low and settled sharply lower.  Ample supplies and forecasts for cool US spring temperatures to continue are weighing on nat-gas prices.   EIA nat-gas inventories as of May 9 are +2.6% … - [Crude Oil Prices Gain on Dollar Weakens and Doubts Over an Iran Nuclear Deal](https://todaymarkets.ae/crude-oil-prices-gain-on-dollar-weakens-and-doubts-over-an-iran-nuclear-deal/): June WTI crude oil (CLM25) Monday closed up +0.20 (+0.32%) and June RBOB gasoline (RBM25) closed down -0.0030 (-0.14%). Crude oil prices on Monday recovered from early losses and settled slightly higher on the decline in the dollar index (DXY00) to a 1-week low.  Crude also has support over doubts that a nuclear deal can … - [EUR/USD Tests descending channel’s upper boundary near 1.1250](https://todaymarkets.ae/eur-usd-tests-descending-channels-upper-boundary-near-1-1250/): EUR/USD remains steady after registering more than 0.50% gains in the previous session, trading around 1.1240 during the Asian hours on Tuesday. On the daily chart, technical analysis indicates a bearish bias is in play, as the pair continues to trade lower within a descending channel pattern. However, the EUR/USD pair has moved above the nine-day Exponential Moving Average (EMA), … - [NZD/USD remains subdued near 0.5900 following PBoC rate cut](https://todaymarkets.ae/nzd-usd-remains-subdued-near-0-5900-following-pboc-rate-cut/): NZD/USD edges lower during Tuesday’s Asian session, trading around 0.5920 after climbing over 0.50% in the previous session. The pair remained under pressure following the People’s Bank of China’s (PBoC) latest interest rate decision. The PBoC announced a cut to its Loan Prime Rates (LPRs), with the one-year LPR reduced from 3.10% to 3.00%, and … - [AUD/NZD declines to one-week low, around mid-1.0800s after RBA’s 25 bps rate cut decision](https://todaymarkets.ae/aud-nzd-declines-to-one-week-low-around-mid-1-0800s-after-rbas-25-bps-rate-cut-decision/): The AUD/NZD cross attracts some sellers in reaction to the Reserve Bank of Australia’s (RBA) policy decision and drops to over a one-week low, around the 1.0860-1.0855 area in the last hour. As was widely anticipated, the RBA decided to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.85% from 4.1% … - [AUD/JPY attracts some sellers to near 93.00, eyes on RBA Press Conference](https://todaymarkets.ae/aud-jpy-attracts-some-sellers-to-near-93-00-eyes-on-rba-press-conference/): The AUD/JPY cross faces some selling pressure to near 93.00 during the Asian trading hours on Tuesday. The Australian Dollar (AUD) edges lower against the Japanese Yen (JPY) after the Reserve Bank of Australia’s (RBA) interest rate decision. The attention will shift to RBA Governor Michele Bullock’s press conference at 05:30 GMT. As widely expected, the RBA … - [JPY recovers modest Asian session losses amid hawkish BoJ expectations](https://todaymarkets.ae/jpy-recovers-modest-asian-session-losses-amid-hawkish-boj-expectations/): The Japanese (JPY) attracts some dip-buyers following an Asian session downtick on Tuesday and moves back closer to over a one-week high touched against its American counterpart the previous day. The growing acceptance that the Bank of Japan (BoJ) will raise interest rates again in 2025 turns out to be a key factor that continues … - [GBP/USD maintains position above 1.3350 as US Dollar weakens on economic concerns](https://todaymarkets.ae/gbp-usd-maintains-position-above-1-3350-as-us-dollar-weakens-on-economic-concerns/): GBP/USD continues its upward momentum for the second consecutive session, hovering near 1.3360 during Asian trading hours on Tuesday. The Pound Sterling (GBP) is strengthening as the US Dollar (USD) softens in response to Moody’s Ratings downgrading the US credit rating from Aaa to Aa1. This downgrade echoes similar actions by Fitch Ratings in 2023 and Standard & Poor’s … - [USD/INR gains ground on expectations for more RBI rate cuts](https://todaymarkets.ae/usd-inr-gains-ground-on-expectations-for-more-rbi-rate-cuts/): The Indian Rupee (INR) weakens on Tuesday. Consumer inflation in India fell more than expected to a near six-year low in April, strengthening bets that the Reserve Bank of India (RBI) is due to extend its rate cutting cycle. This, in turn, undermines the Indian currency. Additionally, renewed concerns over the potential reintroduction of trade … - [Breaking: RBA cuts interest rate by 25 bps to 3.85% as expected](https://todaymarkets.ae/breaking-rba-cuts-interest-rate-by-25-bps-to-3-85-as-expected/): The Reserve Bank of Australia (RBA) board members decided to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.85% from 4.1%, following the conclusion of its May monetary policy meeting. The decision was widely anticipated. Summary of the RBA monetary policy statement AUD/USD reaction to the RBA interest rate decision The Australian … - [XAG/USD falls toward $32.00 amid potential Russia-Ukraine ceasefire](https://todaymarkets.ae/xag-usd-falls-toward-32-00-amid-potential-russia-ukraine-ceasefire/): Silver price (XAG/USD) continues its decline for the third consecutive session, trading near $32.20 per troy ounce during Tuesday’s Asian session. The metal’s weakness comes as optimism over a potential ceasefire between Russia and Ukraine reduces demand for safe-haven assets. Reuters reported that US President Donald Trump stated on Monday that following a call with … - [Gold price seems vulnerable above $3,200 amid possible Russia-Ukraine ceasefire](https://todaymarkets.ae/gold-price-seems-vulnerable-above-3200-amid-possible-russia-ukraine-ceasefire/): Gold price meets with a fresh supply during the Asian session on Tuesday and reverses the previous day’s move higher on the back of the upbeat market mood. Despite a surprise downgrade of the US government’s credit rating on Friday, investors continue to cheer the latest optimism over the US-China trade truce for 90 days. This … - [Slowing Ivory Coast Cocoa Exports Underpin Prices](https://todaymarkets.ae/slowing-ivory-coast-cocoa-exports-underpin-prices/): July ICE NY cocoa (CCN25) today is up +87 (+0.80%), and July ICE London cocoa #7 (CAN25) is down -56 (-0.72%). Cocoa prices today are mixed.  Supply concerns are supporting cocoa prices as the pace of Ivory Coast cocoa exports has slowed.  Today’s government data showed that Ivory Coast farmers shipped 1.58 MMT of cocoa … - [Lack of Rain in Brazil Boosts Coffee Prices](https://todaymarkets.ae/lack-of-rain-in-brazil-boosts-coffee-prices/): July arabica coffee (KCN25) today is up +8.70 (+2.38%), and July ICE robusta coffee (RMN25) is up +81 (+1.66%). Coffee prices today are sharply higher due to lighter-than-normal rainfall in Brazil’s coffee-growing regions.  Somar Meteorologia reported today that Brazil’s biggest arabica coffee growing area of Minas Gerais, received 2.5 mm of rain in the week … - [Cattle Shift Focus to New Week Following Friday Gains](https://todaymarkets.ae/cattle-shift-focus-to-new-week-following-friday-gains/): Live cattle futures rebounded higher into the weekend, with contracts up 90 cents to $1.30, as June slipped back $2.45 last week. Cash action kicked off on Thursday, with Southern sales of $218-220, steady, and $229 in the north. Feeder cattle futures posted gains of 65 cent to $1.80 on Friday, with May feeders down … - [Corn Higher on Monday Morning](https://todaymarkets.ae/corn-higher-on-monday-morning/): The corn market is trading with contracts up 2 to 5 cents. Corn futures closed out the Friday session on a weaker note, with contracts down 3 to 5 cents. July slipped back 6 ¼ cents on the week, with December falling in unison and down 6 ½ cents.   The front month CmdtyView national average Cash … - [Soybeans Starting Off Monday with Gains](https://todaymarkets.ae/soybeans-starting-off-monday-with-gains/): Soybean futures are trading with 3 to 5 cent gains out of the weekend. The soybean market posted nearby losses of 1 to 2 cents on Friday, with July down 1 ¾ cents on the week. New crop contracts were fractionally higher, with November up a nickel last week. Friday’s preliminary open interest was up … - [Wheat Showing Early Monday Gains](https://todaymarkets.ae/wheat-showing-early-monday-gains/): Wheat is bouncing back on Monday morning, with contracts up across the three exchanges. The wheat market ended the week with Friday weakness. Chicago SRW futures closed out the day with losses of 7 to 8 cents on Friday, as July managed to gain 3 ¼ cents last week. Kansas City HRW contracts fell 11 … - [Cotton Rallying Early on Monday](https://todaymarkets.ae/cotton-rallying-early-on-monday/): Cotton price action is showing 81 to 104 point gains so far on Monday morning. Futures ended the Friday session with contracts down 50 to 70 points, as July fell 172 points last week. New crop saw less pressure, down just 100 points. Crude oil prices were up $0.79/barrel. The US dollar index was back … - [USD/CAD Tests initial support near 1.3950, followed by nine-day EMA](https://todaymarkets.ae/usd-cad-tests-initial-support-near-1-3950-followed-by-nine-day-ema/): The USD/CAD pair is losing ground after registering gains in the previous session, trading around 1.3950 during the European hours on Monday. The daily chart’s technical analysis suggested a sustained bullish sentiment, as the pair continues to trade within the ascending channel pattern. The 14-day Relative Strength Index (RSI) remains just above 50, indicating continued bullish pressure. Additionally, the … - [Trade of The Day - S&P500](https://todaymarkets.ae/trade-of-the-day-sp500/): Facts Recommendation Opinion The US500 contract is retreating after climbing toward the 6,000-point level. On Friday, Moody’s downgraded the U.S. credit rating, citing the rising fiscal deficit. While the downgrade itself is not necessarily negative for equities and may not trigger major changes in the bond market, on Monday we’re observing profit-taking pressure. If Moody’s decision coincides with a … - [Chart of The Day - S&P500](https://todaymarkets.ae/chart-of-the-day-sp500-2/): Futures on the S&P 500 are snapping a week‑long winning streak, falling nearly 1.2 % at the start of trading. Moody’s cut to the U.S. credit rating has revived a “sell‑America” mood — equities are sliding while rising Treasury yields spotlight the cost of servicing U.S. debt. Since 22 April U.S. indices had been clawing back two months … - [XRP could sustain rally amid growing ETF and SEC vote prospects ](https://todaymarkets.ae/xrp-could-sustain-rally-amid-growing-etf-and-sec-vote-prospects/): Ripple (XRP) flaunted a bullish outlook, trading at $2.1505 at the time of writing on Tuesday. Investor risk appetite has continued to grow since the middle of last week, propping XRP for a sustainable upward move triggered by the swift decision by United States (US) President Donald Trump to suspend reciprocal tariffs for 90 days.  Traders anticipate … - [XAU/USD price holds above $3,200; bullish bias remains amid trade uncertainty](https://todaymarkets.ae/xau-usd-price-holds-above-3200-bullish-bias-remains-amid-trade-uncertainty/): Gold price (XAU/USD) attracts some dip-buyers following the previous day’s modest pullback from the record high and trades comfortably above the $3,200 mark during the Asian session on Tuesday. The rapid escalation of the trade war between the US and China – the world’s two largest economies – keeps market participants on the edge. Adding … - [EUR/USD trades near 1.1350, stays silent as US Dollar seeks to recover stability](https://todaymarkets.ae/eur-usd-trades-near-1-1350-stays-silent-as-us-dollar-seeks-to-recover-stability/): EUR/USD continues to slide for the second consecutive session, trading near 1.1350 during Asian hours on Tuesday. The pair weakens as the US Dollar (USD) attempts to regain stability amid growing concerns over stagflation. In early hours on Tuesday, Atlanta Fed President Raphael Bostic commented that the Federal Reserve still faces a long journey to bring inflation … - [GBP/USD climbs further beyond 1.3200, highest since October ahead of UK jobs data](https://todaymarkets.ae/gbp-usd-climbs-further-beyond-1-3200-highest-since-october-ahead-of-uk-jobs-data/): The GBP/USD pair attracts buyers for the sixth straight day and climbs above the 1.3200 mark, hitting a fresh high since October 2024 during the Asian session on Tuesday. Moreover, the bearish sentiment surrounding the US Dollar (USD) suggests that the path of least resistance for spot prices remains to the upside. Investors remain concerned … - [AUD strengthens as US tariff exemption boosts global risk appetite](https://todaymarkets.ae/aud-strengthens-as-us-tariff-exemption-boosts-global-risk-appetite/): The Australian Dollar (AUD) strengthens for a fifth straight session against the US Dollar (USD) on Tuesday. The AUD/USD pair continued to gain momentum after US President Donald Trump exempted key technology products from his new “reciprocal” tariffs, lifting global risk sentiment. The exemptions cover items largely produced in China—such as smartphones, computers, semiconductors, solar cells, and … - [JPY trims part of modest intraday losses against bearish USD](https://todaymarkets.ae/jpy-trims-part-of-modest-intraday-losses-against-bearish-usd/): The Japanese Yen (JPY) trims a part of modest Asian session losses on Tuesday and remains close to a multi-month high touched against its American counterpart last week. The rapidly escalating US-China trade war and persistent worries about the potential economic fallout from Trump’s disruptive tariffs continue to underpin demand for traditional safe-haven assets, including … - [USD/CAD stabilizes around 1.3900 after rebounding from five-month lows](https://todaymarkets.ae/usd-cad-stabilizes-around-1-3900-after-rebounding-from-five-month-lows/): USD/CAD halts its four-day losing streak, trading around 1.3890 during the Asian hours on Tuesday. The pair edges higher as the US Dollar (USD) attempts to stabilize amid mounting concerns over stagflation. Traders will likely observe BoC Consumer Price Index Core data for March due later in the day. Atlanta Fed President Raphael Bostic remarked during early Tuesday’s market … - [WTI stays above $61.00 due to tariff relief hopes, strong Chinese imports](https://todaymarkets.ae/wti-stays-above-61-00-due-to-tariff-relief-hopes-strong-chinese-imports/): West Texas Intermediate (WTI) crude Oil price remains stable around $61.10 during Asian trading hours on Tuesday. A potential upside in crude prices is supported by recent comments from US President Donald Trump, who suggested the possibility of new tariff exemptions. On Monday, Trump indicated he is considering temporary relief from the 25% tariffs on the … - [Wheat Weakness Comes Back in on Monday](https://todaymarkets.ae/wheat-weakness-comes-back-in-on-monday/): The wheat complex gave back most of Friday’s gains, as losses extended across the three exchanges. Chicago SRW futures were back down 8 to 9 cents in the front months at the close. Kansas City HRW contracts closed with 12 to 13 cent losses on the session. MPLS spring wheat was down 9 to 11 cents at … - [Soybeans See New Crop Strength on Monday](https://todaymarkets.ae/soybeans-see-new-crop-strength-on-monday/): Soybeans closed the Monday session with contracts mixed, as nearbys were 1 to 3 cents weaker. New crop contracts were up as much as 3 cents in November. CmdtyView’s national front month Cash Bean price was down a penny at $9.89 3/4. Soymeal futures closed with losses of 70 cents to $2.50/ton, with Soy Oil futures 23 to 103 points lower. … - [Corn Starts the Short Week in the Red](https://todaymarkets.ae/corn-starts-the-short-week-in-the-red/): Corn futures closed the Monday session with contracts 1 to 5 ¼ cents in the red, led by the nearbys. The front month CmdtyView national average Cash Corn price was down 5 cents at $4.57 3/4. The markets will be closed on Friday in observance of Good Friday.  USDA released a private export sale of 120,000 MT … - [Cotton Prices Have Bottomed, But Fundamentals Need to Improve for a Sustained Price Uptrend](https://todaymarkets.ae/cotton-prices-have-bottomed-but-fundamentals-need-to-improve-for-a-sustained-price-uptrend/): Most raw commodity futures markets have been hit hard over the past two weeks by highly elevated risk aversion in the general marketplace. This sentiment has cleared out the speculative bulls from the raw commodity space. Worries about the U.S.-China trade war creating a global economic recession have been fully bearish for commodity markets, from … - [Demand Worries Undercut NY Sugar Prices](https://todaymarkets.ae/demand-worries-undercut-ny-sugar-prices/): May NY world sugar #11 (SBK25) Monday closed down -0.13 (-0.72%), and May London ICE white sugar #5 (SWK25) closed up +4.40 (+0.84%). Sugar prices on Monday settled mixed, with NY sugar falling to a 2-3/4 month low.  Sugar prices are under pressure due to worries that demand for sugar will decline as the global … - [Cocoa Prices Retreat on Demand Concerns](https://todaymarkets.ae/cocoa-prices-retreat-on-demand-concerns/): May ICE NY cocoa (CCK25) Monday closed down -264 (-3.10%), and May ICE London cocoa #7 (CAK25) closed down -237 (-3.82%). Cocoa prices retreated on Monday on signs of weak cocoa demand.  Malaysia reported Monday a -15.3% y/y decline in Q1 cocoa processing to 84.192 MT, and Brazil reported a -13% y/y fall in Q1 … - [Coffee Prices Settle Higher on Below-Normal Rain in Brazil](https://todaymarkets.ae/coffee-prices-settle-higher-on-below-normal-rain-in-brazil/): Coffee prices on Monday moved higher and posted 1-week highs.  Below-normal rain in Brazil supported coffee prices after Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing area of Minas Gerais received 17.9 mm of rain in the week ended April 12, or 89% of the historical average.  Robusta coffee is also climbing on … - [OPEC Trims Demand Forecasts](https://todaymarkets.ae/opec-trims-demand-forecasts/): The Organization of the Petroleum Exporting Countries (Opec) has lowered its projections for global oil demand growth in both 2025 and 2026, citing the impact of US tariffs on the global economy and crude consumption in its latest monthly report released today. Demand Outlook Revised Downwards Opec now forecasts oil demand to expand by 1.3 … - [Intel to Sell a Large Stake in Altera to Silver Lake For $8.75 Billion](https://todaymarkets.ae/intel-to-sell-a-large-stake-in-altera-to-silver-lake-for-8-75-billion/): Intel announced Monday it will sell a 51% stake in its Altera business to private equity firm Silver Lake, valuing the programmable chip unit at $8.75 billion. Intel shares rose 3.9% in premarket trading on the news. The deal provides Intel with needed cash as it cuts costs and invests in becoming a contract manufacturer, … - [European Markets - DE40 Contracts Are Currently Gaining 1%](https://todaymarkets.ae/european-markets-de40-contracts-are-currently-gaining-1/): Overall market situation: Sentiment during the first session this week in Europe is very good. DE40 contracts are currently gaining 1%, while FRA40 and UK100 are adding 0.27% and 0.3% respectively. The economic calendar is empty today, so investors will focus on quarterly company results and possible information on tariffs in the world. Distribution of … - [Goldman Sachs Shares Gain 2.5% After Q1 Results](https://todaymarkets.ae/goldman-sachs-shares-gain-2-5-after-q1-results/): Goldman Sachs (GS.US) shares are gaining nearly 2.5% after the financial institution published its results for the first quarter of 2025. The GS board also approved a share buyback program worth up to $40 billion. The company’s Q1 results: Source: xStation The material on this page does not constitute financial advice and does not take into … - [EUR/USD strengthens on mounting fears of US stagflation](https://todaymarkets.ae/eur-usd-strengthens-on-mounting-fears-of-us-stagflation/): EUR/USD jumps to near 1.1400 in Monday’s European session. The major currency pair aims to reclaim the over-three-year high of 1.1474, which it posted on Friday. The pair demonstrates sheer strength as the US Dollar (USD) continues to dive amid growing fears of United States (US) stagflation, a situation in which inflation increases, the economy deteriorates, and employment … - [Oil: Tariff relief vs Iranian talks – ING](https://todaymarkets.ae/oil-tariff-relief-vs-iranian-talks-ing/): The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week. News that the Trump administration is offering tariff exemptions on certain electronics products initially supported risk assets. Since then, uncertainty returned as President Trump suggested exemptions are only temporary — and that other more specific … - [GBP/JPY - Recommendation From Nomura](https://todaymarkets.ae/gbp-jpy-recommendation-from-nomura/): Nomura has published a recommendation for the GBPJPY currency pair. Nomura recommends taking a short position on the following conditions: Entry (market): 187.17Target: 180.00Stop: 190.00 Nomura recommends taking a long position on GBPJPY at the market price with a target at 180.00 and a stop loss at 190.00. Source: xStation The material on this page … - [Palladium price today: Rare metals advance at the start of the European session](https://todaymarkets.ae/palladium-price-today-rare-metals-advance-at-the-start-of-the-european-session/): Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Monday, according to FXStreet data. Palladium (XPD) changes hands at $935.53 a troy ounce, with the XPD/USD pair advancing from its previous close at $918.14. In the meantime, Platinum (XPT) trades at $955.82 against the United States Dollar (USD) early in the European session, … - [XAG/USD slides below $32.00; downside potential seems limited](https://todaymarkets.ae/xag-usd-slides-below-32-00-downside-potential-seems-limited/): Silver (XAG/USD) attracts some sellers at the start of a new week and slides back below the $32.00 round-figure mark during the Asian session on Monday. The white metal, for now, seems to have snapped a three-day winning streak to over a one-week high touched on Friday, though the technical setup supports prospects for the emergence … - [GBP strengthens against US Dollar as consumer sentiment deteriorates](https://todaymarkets.ae/gbp-strengthens-against-us-dollar-as-consumer-sentiment-deteriorates/): The Pound Sterling (GBP) extends its winning streak for the fifth trading day against the US Dollar (USD) at the start of the week. The GBP/USD pair jumps to near 1.3150 in Monday’s European session and aims to reclaim the six-month high of 1.3207, reached on April 3, as investors have dumped the US Dollar on the … - [EUR/JPY moves sideways near 163.00, upside appears due to improved global risk mood](https://todaymarkets.ae/eur-jpy-moves-sideways-near-163-00-upside-appears-due-to-improved-global-risk-mood/): EUR/JPY experiences volatility during European hours on Monday, trading near the 163.00 mark. The Euro finds support as improved global risk sentiment boosts demand for risk-sensitive assets. This optimism followed US President Donald Trump’s announcement late Sunday of less severe tariffs on Chinese imports, including semiconductors and electronics. However, Trump clarified that previously speculated exemptions would not … - [USD/CHF climbs above 0.8150 after rebounding from lowest since September 2011](https://todaymarkets.ae/usd-chf-climbs-above-0-8150-after-rebounding-from-lowest-since-september-2011/): The USD/CHF pair edges higher in early Asian trading on Monday, hovering around the 0.8170 mark after recording losses in the past two consecutive sessions. Market participants are eyeing the release of Switzerland’s Producer and Import Prices for March, due later in the day. However, the upside of the USD/CHF pair could be restrained as the Swiss … - [Chart of The Day - USD/CNH](https://todaymarkets.ae/chart-of-the-day-usd-cnh-2/): The escalation of the trade war between China and the U.S. has motivated the People’s Bank of China (PBOC) to make an unprecedented move, raising the USDCNH reference rate above 7.20. Investors had viewed this level as a symbolic threshold for the stability of the Chinese currency. However, the latest plans to further support exports … - [Swiss PPI Slightly Below Expectations](https://todaymarkets.ae/swiss-ppi-slightly-below-expectations/): 06:30 AM GMT, Switzerland – Inflation Data for March: Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [EUR/GBP - Recommendation From Nomura](https://todaymarkets.ae/eur-gbp-recommendation-from-nomura/): Nomura has published a recommendation for the EURGBP currency pair. Nomura recommends taking a long position on the following conditions: Entry (market): 0.8689Target: 0.9000Stop: 0.8450 Nomura recommends taking a long position on EURGBP at the market price with a target at 0.9000 and a stop loss at 0.8450. Source: xStation5 The material on this page … - [Economic Calendar - Swiss PPI And RBA Minutes in Focus](https://todaymarkets.ae/economic-calendar-swiss-ppi-and-rba-minutes-in-focus/): Today’s economic calendar is exceptionally light, even for a Monday. We are just ahead of a release of the Swiss Producer Price Index for March, which will likely add some volatility to USDCHF, heavily pressured by the current haunt for safe haven currency in the face of the dollar’s credibility crisis. On top of that, we … - [Today Markets Market Update](https://todaymarkets.ae/today-markets-market-update-10/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAU/USD consolidates near all-time peak as bulls pause for breather](https://todaymarkets.ae/xau-usd-consolidates-near-all-time-peak-as-bulls-pause-for-breather/): Gold price (XAU/USD) enters a bullish consolidation phase and oscillates in a range around the $3,230 region, just below a fresh all-time peak touched during the Asian session on Monday. Bulls pause for a breather amid slightly overbought conditions on the daily chart, though the fundamental backdrop suggests that the path of least resistance for the bullion … - [NZD/USD advances to near 0.5850 following stronger-than-expected Chinese trade data](https://todaymarkets.ae/nzd-usd-advances-to-near-0-5850-following-stronger-than-expected-chinese-trade-data/): The NZD/USD pair continues its upward momentum for the fourth consecutive session, trading around 0.5840 during the Asian session on Monday. The New Zealand Dollar (NZD) gains traction as the US Dollar (USD) weakens following US President Donald Trump’s announcement late Sunday of less aggressive tariffs on Chinese imports, including semiconductors and electronics. Trump clarified … - [XAU/USD retreats further from all-time highs of $3,245](https://todaymarkets.ae/xau-usd-retreats-further-from-all-time-highs-of-3245/): Gold price is back in the red early Monday, snapping a three-day record rally to lifetime highs of $3,245 set on Friday.     Gold price corrects on improved risk sentiment Safe-haven flows appear to have eased in Asian trading on Monday as traders rejoice in Wall Street’s turnaround on Friday alongside some positive updates on the … - [GBP/USD holds steady near 1.3100, bulls have the upper hand amid bearish USD](https://todaymarkets.ae/gbp-usd-holds-steady-near-1-3100-bulls-have-the-upper-hand-amid-bearish-usd/): The GBP/USD pair edges higher at the start of a new week and trades just below the 1.3100 mark during the Asian session, well within striking distance of Friday’s swing high. Moreover, the bearish sentiment surrounding the US Dollar (USD) suggests that the path of least resistance for spot prices remains to the upside. The … - [EUR/USD remains subdued around 1.1350 after two days of gains](https://todaymarkets.ae/eur-usd-remains-subdued-around-1-1350-after-two-days-of-gains/): The EUR/USD pair edges lower during Asian trading hours on Monday, hovering around 1.1360 after posting gains in the previous two sessions. The pair appreciated due to weakening US Dollar (USD), which has come under pressure amid escalating trade tensions between the US and China—rekindling concerns of a global recession. China’s Ministry of Finance announced a sharp … - [China Customs: Exports are facing a complex, severe external situation, but 'the sky will not fall'](https://todaymarkets.ae/china-customs-exports-are-facing-a-complex-severe-external-situation-but-the-sky-will-not-fall/): The General Administration of Customs of the People’s Republic of China (China Customs) said on Monday, “at present, China’s exports are facing a complex and severe external situation, but “the sky will not fall”. “ Additional quotes China’s January-March Yuan-denominated exports +6.9% YoY.   Market reaction AUD/USD keeps its range near 0.6300, adding 0.15% on the … - [JPY remains on the front foot against USD amid heightened safe-haven demand](https://todaymarkets.ae/jpy-remains-on-the-front-foot-against-usd-amid-heightened-safe-haven-demand/): The Japanese Yen (JPY) sticks to its positive bias at the start of a new week and remains close to the highest level since late September 2024 touched against a broadly weaker US Dollar (USD) last Friday. Investors remain worried about the escalating US-China trade war and its impact on the global economy, which continues … - [USD/CAD falls toward 1.3850 due to potential US recession, persistent inflation](https://todaymarkets.ae/usd-cad-falls-toward-1-3850-due-to-potential-us-recession-persistent-inflation/): USD/CAD continues its losing streak for the fourth straight session, hovering around 1.3860 during Monday’s Asian trading hours. The decline is driven by a weakening US Dollar (USD), pressured by investor concerns over a potential recession and persistent inflation, prompting a shift away from United States’ (US) assets. The Greenback also faces additional headwinds from rising … - [WTI trades with negative bias just above mid-$60.00s amid mixed fundamental cues](https://todaymarkets.ae/wti-trades-with-negative-bias-just-above-mid-60-00s-amid-mixed-fundamental-cues/): West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on Friday’s modest gains and attract fresh sellers near the $61.60 area at the start of a new week. The commodity currently trades around the $60.70-$60.65 region, down over 0.50% for the day, though it lacks follow-through selling amid mixed fundamental cues. Investors remain worried that the … - [AUD holds gains following China’s trade balance data](https://todaymarkets.ae/aud-holds-gains-following-chinas-trade-balance-data/): The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Monday, supported by improved risk sentiment. The AUD/USD pair rose after US President Donald Trump announced less severe tariffs late Sunday on Chinese imports, including semiconductors and electronics. Clarifying earlier speculation about exemptions, Trump confirmed these goods would remain subject to the … - [Corn Rallied on Friday](https://todaymarkets.ae/corn-rallied-on-friday/): The corn market is rallying across most contracts on Friday, up 6 to 10 cents in most nearbys as we trade through midday. The front month CmdtyView national average Cash Corn price is up 6 cents at $4.61 3/4.  USDA’s monthly WASDE report from Thursday saw a 75 mbu cut to the US ending stocks figure at … - [Wheat Rallies on Friday](https://todaymarkets.ae/wheat-rallies-on-friday/): The wheat complex was rallying on Friday, with the three exchanges higher on the session. Chicago SRW futures were back up 16 to 18 cents in the front months, with the front month May rallying 26 ¾ cents. Kansas City HRW contracts were 10 to 11 cents higher on the session, as May climbed 10 ½ … - [Soybeans Shrugs Off Chinese Tariffs, Rallies into the Close](https://todaymarkets.ae/soybeans-shrugs-off-chinese-tariffs-rallies-into-the-close/): The soybean market posted strength on Friday, with contracts up 13 to 21 cents at the close. Front month May rallied 65 ¾ cents from last Friday, with new crop up 41 ¼ cents this week. CmdtyView’s national front month Cash Bean price was up 13 3/4 cents at $9.90 1/2. Soymeal futures were up $1.70 to 2.50/ton, with Soy … - [President Trump's memecoin leads crypto unlock with incoming supply pressure of over $320 million](https://todaymarkets.ae/president-trumps-memecoin-leads-crypto-unlock-with-incoming-supply-pressure-of-over-320-million/): Official Trump (TRUMP), launched by President Trump, will unlock over $320 million worth of its tokens to team members next week despite the dominant risk-off sentiment across the crypto market. Incoming TRUMP unlock could stretch its decline Team members of the TRUMP meme coin will receive $321.6 million of unlocked tokens next week, according to … - [Bitcoin and crypto market sees recovery as Fed official says agency ready to stabilize market if necessary](https://todaymarkets.ae/bitcoin-and-crypto-market-sees-recovery-as-fed-official-says-agency-ready-to-stabilize-market-if-necessary/): Bitcoin (BTC) rallied 5% on Friday, trading just below $84,000 following Susan Collins, head of the Boston Federal Reserve (Fed), hinting that the agency could stabilize markets with “various tools” if needed. Bitcoin and crypto reverse losses as Fed official hints at the agency’s intervention Collins stated in an interview with the Financial Times that … - [SOL, DOGE lead gains among majors as analyst eye next big move higher](https://todaymarkets.ae/sol-doge-lead-gains-among-majors-as-analyst-eye-next-big-move-higher/): What to know Bitcoin and broader crypto markets are gaining on Friday after sharply declining alongisde traditional markets Thursday. Solana’s SOL and dogecoin (DOGE) rose over 4% in the past 24 hours, leading gains among majors, with XRP (XRP), BNB Chain’s BNB, and Tron’s TRX up between 2%-3%. Ether (ETH) was down 2.4%, continuing a … - [CAD gains further ground as market flows continue to reverse](https://todaymarkets.ae/cad-gains-further-ground-as-market-flows-continue-to-reverse/): The Canadian Dollar (CAD) rose on Friday, jumping two-thirds of a percent against the US Dollar as global market flows continue to reverse out of the safe haven Greenback. Trade war pressures have been relieved somewhat after the Trump administration pivoted away from its own lopsided “reciprocal” tariffs following a last-minute 90-day delay, opting for … - [AUD/JPY Gains capped near key resistance as bearish backdrop persists](https://todaymarkets.ae/aud-jpy-gains-capped-near-key-resistance-as-bearish-backdrop-persists/): The AUD/JPY pair posted a mild advance on Friday’s session, moving toward the 90.30 zone after notching a gain of over 0.30%. Despite the intraday rise, the overall technical picture remains bearish, with the pair still struggling beneath several key resistance levels and longer-term moving averages. While price action approached the top of the daily … - [AUD extends recovery as USD slides toward multi-year lows](https://todaymarkets.ae/aud-extends-recovery-as-usd-slides-toward-multi-year-lows/): The Australian Dollar (AUD) is strengthening on Friday, with the pair moving near the 0.6280 zone during the American session. The bullish tone for the Aussie emerges as the US Dollar (USD) continues to weaken across the board, dragged by lower-than-expected economic data and growing investor concern over inflation and trade policy. While momentum is cautiously improving, … - [NZD/USD extends gains near 0.5800 zone but eyes 200-day SMA hurdle](https://todaymarkets.ae/nzd-usd-extends-gains-near-0-5800-zone-but-eyes-200-day-sma-hurdle/): The NZD/USD pair extended its advance on Friday’s session with the pair seen trading near the 0.5800 zone after a 1.39% daily rise. This move positioned price mid-range between the day’s low of 0.56282 and high of 0.57656, reinforcing a bullish short-term momentum shift. Still, the underlying trend is showing signs of strength, especially from … - [Mexican Peso ends week strong as USD plunges on China tariff retaliation](https://todaymarkets.ae/mexican-peso-ends-week-strong-as-usd-plunges-on-china-tariff-retaliation/): The Mexican Peso ends the week on a higher note as the Greenback weakens across the board. The China-US trade war escalated, with China retaliating against US President Trump’s latest tariffs announcement. The USD/MXN trades at 20.27, down 0.72%. The financial markets’ narrative remains around tariffs. China’s answer to US 145% was known early in … - [Banxico minutes signal more easing ahead as economy slows](https://todaymarkets.ae/banxico-minutes-signal-more-easing-ahead-as-economy-slows/): On Thursday, April 10, Banco de Mexico (Banxico) released its latest meeting minutes, in which all board members stated that the Mexican economy is slowing down amid an evolving disinflation process, which paves the way for further easing. Banxico’s meeting key quotes: Board estimates that looking ahead it could continue calibrating the monetary policy stance … - [Weak U.S. Macro Reports Fuel Uncertanity on Wall Street](https://todaymarkets.ae/weak-u-s-macro-reports-fuel-uncertanity-on-wall-street/): The U.S. stock market made several attempts today to rebound, although market conditions remain difficult and the outlook uncertain. While the PPI and University of Michigan (UoM) data came in negative for the indexes, they did not trigger a deep sell-off. However, buyers are also not strong enough to reverse the broader market sentiment. Among … - [USD/JPY drops to seven-month lows near 142.00](https://todaymarkets.ae/usd-jpy-drops-to-seven-month-lows-near-142-00/): Safe-haven inflows prop up the Japanese yen USD/JPY adds to the pessimism seen in the latter part of the week and recedes to the 142.00 region on Friday, an area last seen in late September. The continuation of the noticeable appreciation of the Japanese currency put the pair under extra downside pressure, always on the back … - [Blackrock With a New AUM Record But, Results Disappointed](https://todaymarkets.ae/blackrock-with-a-new-aum-record-but-results-disappointed/): BlackRock (BLK.US) reported its Q1 2025 results, which came in slightly below expectations. These results do not yet include the market panic that emerged after Trump’s “Liberation Day,” but they already reflect increased investor uncertainty, resulting in lower-than-expected net inflows. Nevertheless, the fund set another record in assets under management, reaching $11.58 trillion at the … - [U.S. PPI Report Much Lower Than Expected](https://todaymarkets.ae/u-s-ppi-report-much-lower-than-expected/): US PPI YoY (in March): 2.7% (Forecast 3.3%, Previous 3.2%) US  Core PPI YoY (in March): 3.3% (Forecast 3.6%, Previous 3.4%) Today, PPI data point to lower US producer prices and support the expectations that US trade war will rather affect domestic demand than inflation. US100 gains in first reaction to PPI data. Source: xStation5 … - [The VIX Gains 2.5% as uncertanity persists](https://todaymarkets.ae/the-vix-gains-2-5-as-uncertanity-persists/): Futures on the VIX volatility index are rising by just under 3% today; however, compared to yesterday’s highs above 40, the VIX has fallen by nearly 10%. The U.S. benchmark index, US500, “ignored” the news of retaliatory 125% tariffs from China, although demand for hedging remains elevated, with the VIX still trading well above 35 … - [European Stocks Mixed After a Hectic Week](https://todaymarkets.ae/european-stocks-mixed-after-a-hectic-week/): Overall market situation: Sentiment during the last trading session in Europe this week is mixed. The German DAX is currently losing 0.8%, while the British FTSE100 is adding 0.85%. Volatility remains high, which indicates that the pressure from the US-China trade war is still creating uncertain ground for future stock market behavior. For this reason, … - [Trade of The Day - Silver](https://todaymarkets.ae/trade-of-the-day-silver/): Facts: Recommendation: Opinion: Gold appears overvalued relative to silver, primarily due to heightened demand amid market uncertainty. This creates potential for the gold-to-silver ratio to revert toward its long-term average, suggesting silver could outperform gold in the near term. The take-profit level is set at the 78.6% Fibonacci retracement level, while the stop-loss is placed … - [China Imposes Additional Tariffs on U.S. Goods](https://todaymarkets.ae/china-imposes-additional-tariffs-on-u-s-goods/): The Minister of Finance of the People’s Republic of China announced that, starting April 12, a new, higher tariff rate on U.S. goods will take effect at 125% (previously 84%).This move followed Trump’s decision to raise U.S. tariffs on China. The US100 briefly dropped on the news, but the move isn’t very significant, taking into … - [Earnings Calendar - U.S. Banks Set The Tone](https://todaymarkets.ae/earnings-calendar-u-s-banks-set-the-tone/): Q1 earnings season has kicked off in the US, amidst the tariff drama. Tariffs loom large over this earnings season, even if most reciprocal tariffs are on pause. The question for investors is whether the disruption caused by tariffs on China and elsewhere, even if they are delayed, will lead to profit destruction for companies. … - [Chart of The Day - XAU/USD](https://todaymarkets.ae/chart-of-the-day-xau-usd/): Gold prices surged to new record highs on Friday, with spot gold jumping more than 1% to $3,207.20 an ounce as escalating US-China trade tensions drive investors toward safe-haven assets. Trade War Fuels Record Rally The precious metal has seen stellar gains this week as President Trump imposed 145% tariffs on Chinese goods, while China … - [US Dollar Index Hovers near descending channel’s lower boundary at 100.50](https://todaymarkets.ae/us-dollar-index-hovers-near-descending-channels-lower-boundary-at-100-50/): The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, continues its decline for the second consecutive session, hovering around 100.40 during Friday’s Asian trading hours. The technical analysis of the daily chart suggests a sustained bearish trend, with the index testing the lower boundary of a prevailing … - [UK GDP rebounds 0.5% MoM in February vs. 0.1% expected](https://todaymarkets.ae/uk-gdp-rebounds-0-5-mom-in-february-vs-0-1-expected/): The UK economy expanded in February, with the Gross Domestic Product (GDP) rebounding 0.5% after recording no growth in January, the latest data published by the Office for National Statistics (ONS) showed on Friday. The market forecast was for a 0.1% growth in the reported period. - [Economic Calendar - UK GDP, EU Inflation And U.S. PPI in Focus](https://todaymarkets.ae/economic-calendar-uk-gdp-eu-inflation-and-u-s-ppi-in-focus/): Today’s economic calendar features UK GDP data, European inflation readings, and US producer price figures. Markets will be watching these indicators closely for signs of economic health amid the escalating US-China trade tensions, with ECB President Lagarde and Fed’s Williams scheduled to speak, potentially offering insights on monetary policy direction. Key Economic Data (BST) 07:00 … - [Let's Catch up, Market Update](https://todaymarkets.ae/lets-catch-up-market-update-2/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [US crypto miners may rush to buy rigs in tariff pause despite ‘clear disadvantage’](https://todaymarkets.ae/us-crypto-miners-may-rush-to-buy-rigs-in-tariff-pause-despite-clear-disadvantage/): S Bitcoin mining firms will try to capitalize on the Trump administration’s recent tariff pause by stocking up on mining rigs, but the baseline 10% tariffs will still leave the industry at a disadvantage, industry executives say. President Donald Trump paused his administration’s hefty reciprocal tariffs until July 8, but kept a minimum 10% tariff … - [Bitcoin, Ethereum, Ripple: BTC and ETH show weakness while XRP stabilizes](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-and-eth-show-weakness-while-xrp-stabilizes/): Bitcoin (BTC) and Ethereum (ETH) prices are hovering around $80,000 and $1,500 on Friday after facing rejection from their respective key levels, indicating signs of weakness. Meanwhile, Ripple (XRP) broke and found support around its critical level; maintenance suggests a recovery on the cards. Bitcoin price action remains indecisive: Dead cat bounce or trendline breakout?  … - [NZD/USD holds positive ground above 0.5750 amid US-China trade war worries](https://todaymarkets.ae/nzd-usd-holds-positive-ground-above-0-5750-amid-us-china-trade-war-worries/): The NZD/USD pair holds positive ground near 0.5770 after reaching the daily high of 0.5800 during the Asian trading hours on Friday. The uptick of the pair is bolstered by broad US Dollar (USD) weakness amid persistent economic concerns due to escalating tariff tensions. On Wednesday, Trump reversed course as he announced a 90-day pause on … - [XAG/USD maintains position near $31.50 due to rising trade tensions](https://todaymarkets.ae/xag-usd-maintains-position-near-31-50-due-to-rising-trade-tensions/): Silver (XAG/USD) continues its winning streak for the third straight session, trading around $31.30 during Friday’s Asian session. The precious metal is gaining traction as the US Dollar weakens, with the US Dollar Index (DXY) dipping to around 100.20 at the time of writing. Investor demand for safe-haven assets like Silver is also being fueled by escalating US-China … - [Cotton Sliped Lower on Thursday, as USDA’s Stocks Estimate Rises](https://todaymarkets.ae/cotton-sliped-lower-on-thursday-as-usdas-stocks-estimate-rises/): Cotton futures closed with losses of 16 to 31 points across most contracts on Thursday. Crude oil futures fell back lower on Thursday, down $2.06/barrel. The US dollar index was falling, with losses of $1.888 so far on the day to $100.735. USDA reported a 100,000 bale increase to the US ending stocks estimate to … - [Sugar Prices Post Moderate Gains as Trade War Fears Ease](https://todaymarkets.ae/sugar-prices-post-moderate-gains-as-trade-war-fears-ease/): May NY world sugar #11 (SBK25) Thursday closed up +0.21 (+1.17%), and May London ICE white sugar #5 (SWK25) closed up +10.60 (+2.07%). Sugar prices posted moderate gains on Thursday after President Trump paused reciprocal tariffs on 56 countries for 90 days on Wednesday, easing global trade war fears and sparking short covering in sugar. … - [NY Cocoa Prices Fall Sharply on Signs of Weak Demand](https://todaymarkets.ae/ny-cocoa-prices-fall-sharply-on-signs-of-weak-demand/): May ICE NY cocoa (CCK25) Thursday closed down -359 (-4.25%), and May ICE London cocoa #7 (CAK25) closed down -110 (-1.80%). Cocoa prices Thursday gave up an early advance and fell sharply on cocoa demand concerns after Barry Callebaut AG, one of the world’s biggest chocolate makers, cut its sales guidance for the year in … - [Coffee Prices Settle Higher as Demand Concerns Ease](https://todaymarkets.ae/coffee-prices-settle-higher-as-demand-concerns-ease/): May arabica coffee (KCK25) Thursday closed up +1.15 (+0.34%), and May ICE robusta coffee (RMK25) closed up +64 (+1.31%). Coffee prices Thursday settled mildly higher after President Trump paused his reciprocal tariffs on Wednesday, easing concerns about the global economy and commodity demand.  Continued supply fears are also supporting coffee prices.  Cecafe reported Wednesday that … - [Soybeans Extend Rebound on Thursday](https://todaymarkets.ae/soybeans-extend-rebound-on-thursday/): The soybean market posted Thursday gains of 7 to 17 cents across most contracts at the close, following the USDA data release. CmdtyView’s national front month Cash Bean price was up 17 cents at $9.76 3/4. Soymeal futures were up $2.10to $3.50/ton, with Soy Oil futures closing 4 to 13 points higher. USDA reported 2024/25 soybean sales at 172,324 MT in … - [Wheat Falls as USDA Raises Stocks Estimate](https://todaymarkets.ae/wheat-falls-as-usda-raises-stocks-estimate/): The wheat complex gave into the bears on Thursday, falling lower across the three exchanges, as the USDA was a little more bearish this morning. Chicago SRW futures were back down 2 to 5 cents in the front months. Kansas City HRW contracts were 7 to 10 cents lower on the session. MPLS spring wheat was … - [Corn Short Term Trend Turns Positive, New 504.75 Target](https://todaymarkets.ae/corn-short-term-trend-turns-positive-new-504-75-target/): Corn (ZCK25)  The chart is key to this analysis. Back on 10/17/24 the market hit 78.6% at 423.00, following the ONE44 78.6% rule we know this is where a lot of Bull runs start. The rally from there eventually hit 61.8% back to the contract high at 512.00. Following the ONE44 61.8% rule, we know … - [WTI falls below $59.50 due to escalating US-China tensions, OPEC+ supply boost](https://todaymarkets.ae/wti-falls-below-59-50-due-to-escalating-us-china-tensions-opec-supply-boost/): West Texas Intermediate (WTI) crude oil price fell for a second straight session, trading around $59.30 per barrel during Asian hours on Friday. The decline comes amid rising US-China trade tensions, which are clouding the demand outlook. On Thursday, the US announced that tariffs on Chinese imports had surged to 145%, with a new 125% levy … - [XAU/USD surges to record high above $3,200 on US-China tariff war](https://todaymarkets.ae/xau-usd-surges-to-record-high-above-3200-on-us-china-tariff-war/): The Gold price (XAU/USD) holds positive ground around $3,215 after hitting an all-time high of $3,219 during the Asian trading hours on Friday. The weakening of the US Dollar (USD) and escalating trade war between the United States (US) and China provides some support to the precious metal, a traditional safe haven asset. Data released by the … - [EUR/USD appreciates to near 1.1350 as the EU suspends tariffs on US imports](https://todaymarkets.ae/eur-usd-appreciates-to-near-1-1350-as-the-eu-suspends-tariffs-on-us-imports/): EUR/USD extends its gains for the second successive day, trading near 1.1350 during Friday’s Asian session. The Euro (EUR) strengthened after the European Union (EU) announced a 90-day pause on new 25% tariffs on the United States (US), aiming to create space for trade negotiations. A sudden policy reversal by the White House on Wednesday now … - [USD/CAD extends downside below 1.3950 on weaker US Dollar](https://todaymarkets.ae/usd-cad-extends-downside-below-1-3950-on-weaker-us-dollar/): The USD/CAD pair extends the decline to around 1.3920 during the early Asian session on Friday. The US Dollar (USD) weakens against the Loonie amid persistent concerns over the global and US economies. Traders brace for the US March Producer Price Index (PPI) and the advanced Michigan Consumer Sentiment, which is due later on Friday.  US President … - [GBP/USD rises to near 1.3050 as US Dollar remains tepid ahead of PPI data](https://todaymarkets.ae/gbp-usd-rises-to-near-1-3050-as-us-dollar-remains-tepid-ahead-of-ppi-data/): GBP/USD is on track for its fourth consecutive daily gain, trading near 1.3030 during Friday’s Asian session. The pair continues to strengthen as the US Dollar loses ground amid lingering concerns over both the global and US economies. The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, has slipped to around … - [USD/JPY recovers losses to near 143.50 amid tariff worries](https://todaymarkets.ae/usd-jpy-recovers-losses-to-near-143-50-amid-tariff-worries/): The USD/JPY pair holds losses near 143.55 during the Asian trading hours on Friday, pressured by the weaker US Dollar (USD). The uncertainty surrounding the tariff policy and the concerns over the global economic slowdown boosts encouraged investors to safe-haven currency like the Japanese Yen (JPY).  US President Donald Trump said on Wednesday he would temporarily lower duties … - [USD/INR weakens amid escalating trade war tensions](https://todaymarkets.ae/usd-inr-weakens-amid-escalating-trade-war-tensions/): The Indian Rupee (INR) strengthens on Friday. US President Donald Trump’s move to temporarily lower tariffs on many countries provides some support to the local currency. Additionally, a decline in crude oil prices contributes to the INR’s upside as India is the world’s third-largest oil consumer, and lower crude oil prices tend to have a positive impact … - [AUD holds gains as US Dollar struggles due to domestic economic outlook](https://todaymarkets.ae/aud-holds-gains-as-us-dollar-struggles-due-to-domestic-economic-outlook/): The Australian Dollar (AUD) extends its gains for the third successive session against the US Dollar (USD) on Friday. However, the upside of the AUD/USD pair could be restrained as the White House confirmed that the cumulative US tariffs on Chinese goods have risen to 145%. The announcement heightened tensions in the ongoing trade dispute between the … - [Corn Rallying on Large Cut to US Stocks](https://todaymarkets.ae/corn-rallying-on-large-cut-to-us-stocks/): Corn futures are continuing rally on Thursday, as contracts are getting some support from a reduction to the US carryout number. Futures are up 2 to 6 cents at midday. The front month CmdtyView national average Cash Corn price is up 5 3/4 cent at $4.51 1/4.  Export Sales data showed 785,583 MT of corn sold in … - [Wheat Leaking Lower as USDA Boosts US Carryout](https://todaymarkets.ae/wheat-leaking-lower-as-usda-boosts-us-carryout/): The wheat complex is falling lower across the three exchanges on Thursday, as the USDA was a little more bearish on the wheat side of their data this morning. Chicago SRW futures are back down 3 to 5 cents in the front months at midday. Kansas City HRW contracts are 5 to 8 cents lower so … - [Soybeans Extending Gains on Thursday](https://todaymarkets.ae/soybeans-extending-gains-on-thursday/): Soybeans are holding onto the Thursday gains, as contracts are up 6 to 12 cents so far at midday. CmdtyView’s national front month Cash Bean price is up 11 cents at $9.70 3/4. Soymeal futures are up $1.30/ton, with Soy Oil futures 9 points lower. USDA reported 2024/25 soybean sales at 172,324 MT in the week ending on April 3, coming … - [Cotton Pulling Back as USDA Cuts Export Projection](https://todaymarkets.ae/cotton-pulling-back-as-usda-cuts-export-projection/): Cotton futures are down 21 to 39 points across most nearby contracts on Thursday. Crude oil futures are leaking back lower at midday, down $3.26/barrel. The US dollar index was is falling $1.903 so far on the day to 100.72. USDA reported a 100,000 bale increase to the US ending stocks estimate to 5 million … - [Easing Trade War Fears Spark Short Covering in Sugar Futures](https://todaymarkets.ae/easing-trade-war-fears-spark-short-covering-in-sugar-futures/): May NY world sugar #11 (SBK25) today is up +0.28 (+1.56%), and May London ICE white sugar #5 (SWK25) is up +10.90 (+2.12%). Sugar prices are moving higher today after President Trump paused reciprocal tariffs on 56 countries for 90 days on Wednesday, easing global trade war fears and sparking short covering in sugar.   … - [Demand Concerns Slam Cocoa Prices](https://todaymarkets.ae/demand-concerns-slam-cocoa-prices/): May ICE NY cocoa (CCK25) today is down -310 (-3.78%), and May ICE London cocoa #7 (CAK25) is down -86 (-1.41%). Cocoa prices today gave up an early advance and posted moderate losses on cocoa demand concerns after Barry Callebaut AG, one of the world’s biggest chocolate makers, cut its sales guidance for the year … - [Supply Concerns Lift Coffee Prices](https://todaymarkets.ae/supply-concerns-lift-coffee-prices/): May arabica coffee (KCK25) today is up +1.50 (+0.44%), and May ICE robusta coffee (RMK25) is up +153 (+3.14%). Coffee prices are climbing today after President Trump paused his reciprocal tariffs on Wednesday, easing concerns about the global economy and commodity demand.  Continued supply fears are also supporting coffee prices.  Cecafe reported Wednesday that Brazil’s … - [XAU/USD reaches records amid escalating US-China trade war](https://todaymarkets.ae/xau-usd-reaches-records-amid-escalating-us-china-trade-war/): The bright metal soared on Thursday, hitting a fresh all-time high of $3,175.00 a troy ounce during American trading hours. The US Dollar (USD) plummeted on headlines indicating the trade war unleashed by US President Donald Trump is far from over. Trump announced massive retaliatory tariffs last week, only to pause most of them on … - [House Republicans Narrowly Approve Trump's Budget Blueprint](https://todaymarkets.ae/house-republicans-narrowly-approve-trumps-budget-blueprint/): House Republicans narrowly passed President Trump’s budget blueprint with a 216-214 vote on Thursday, marking a significant win for his legislative agenda after he paused some tariffs a day earlier. The vote unlocks a fast-track procedure for legislation that would extend expiring tax cuts, implement additional tax reductions, and increase border security and defense spending. While Republicans … - [EUR/USD Price Analysis: Euro surges near 2025 highs as bullish structure strengthens](https://todaymarkets.ae/eur-usd-price-analysis-euro-surges-near-2025-highs-as-bullish-structure-strengthens/): The EUR/USD pair extended its rally on Thursday’s session after the European close, pushing toward the 1.1200 area and posting one of its strongest daily gains in recent months. The move, which places the Euro near the upper boundary of its intraday range between 1.09426 and 1.1220, underscores the pair’s bullish momentum as it tests fresh 2025 … - [Tariff's on China Rise to 145%](https://todaymarkets.ae/tariffs-on-china-rise-to-145/): White House officials told CNBC today that the total value of tariffs imposed on China has now increased to 145%. This figure includes: As a result, economic tensions between China and the U.S. are deepening, which could impact the U.S. economic situation. Although the situation doesn’t appear as severe as it did last week—when Trump … - [U.S. Steel Shares Tumble as Trump Reaffirms Opposition to Nippon Deal](https://todaymarkets.ae/u-s-steel-shares-tumble-as-trump-reaffirms-opposition-to-nippon-deal/): U.S. Steel shares plunged 7.9% after President Trump reiterated his opposition to the company’s acquisition by Japan’s Nippon Steel, despite earlier authorizing a new national security review that had temporarily boosted investor optimism. “We love Japan, but U.S. Steel is a very special company,” President Trump stated Wednesday from the Oval Office. “We don’t want it … - [NATGAS Drops After EIA Report](https://todaymarkets.ae/natgas-drops-after-eia-report/): EIA Natural Gas Change BCF Actual 57B (Forecast 55B, Previous 29B) NATGAS experienced slight drop after EIA data release. Source: xStation The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market … - [XAU/USD holds above $3,300 on economic uncertainty, geopolitical risks](https://todaymarkets.ae/xau-usd-holds-above-3300-on-economic-uncertainty-geopolitical-risks/): The Gold price (XAU/USD) rebounds to around $3,310 during the early Asian trading hours on Monday. Ongoing tariff uncertainty and persistent geopolitical tensions boost demand for safe-haven assets like gold. Investors will keep an eye on the US May ISM Manufacturing Purchasing Managers’ Index (PMI) report, which is due later on Monday.  The precious metal … - [GBP/USD moves back closer to 1.3500 mark amid broadly weaker USD](https://todaymarkets.ae/gbp-usd-moves-back-closer-to-1-3500-mark-amid-broadly-weaker-usd/): The GBP/USD pair regains positive traction at the start of a new week amid renewed US Dollar (USD) selling, though it remains below the 1.3500 psychological mark during the Asian session. The Personal Consumption Expenditures (PCE) Price Index released on Friday pointed to further easing inflationary pressures in the US and bolstered the case for more policy easing by … - [EUR/USD rises toward 1.1400 as Trump threatens to double import tariffs on steel, aluminum](https://todaymarkets.ae/eur-usd-rises-toward-1-1400-as-trump-threatens-to-double-import-tariffs-on-steel-aluminum/): EUR/USD retraces its recent losses registered in the previous session, trading around 1.1370 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) struggles as the US Court of Appeals, on Thursday, ruling allowing US President Donald Trump’s tariffs to take effect. On Wednesday, a three-judge panel at the Court of International Trade in … - [JPY bulls retain control amid hawkish BoJ expectations, safe-haven buying](https://todaymarkets.ae/jpy-bulls-retain-control-amid-hawkish-boj-expectations-safe-haven-buying/): The Japanese Yen (JPY) remains on the front foot against its American counterpart for the third consecutive day on Monday and seems poised to strengthen further amid a combination of supporting factors. The Tokyo Consumer Price Index (CPI) released on Friday indicated that core inflation accelerated more than expected in May and reaffirmed bets that the Bank … - [AUD rises on US economic concerns amid Trump’s new tariff threats](https://todaymarkets.ae/aud-rises-on-us-economic-concerns-amid-trumps-new-tariff-threats/): The Australian Dollar (AUD) appreciated against the US Dollar (USD) by over 0.50% on Monday. The AUD/USD pair rises as the Greenback may face challenges amid growing concerns regarding slow growth and renewed inflation in the United States (US). US President Donald Trump threatened to double import tariffs on steel and aluminum, increasing them to 50% from 25%.  ANZ … - [USD/INR gains traction on RBI rate cut bets](https://todaymarkets.ae/usd-inr-gains-traction-on-rbi-rate-cut-bets/): The Indian Rupee (INR) extends the decline on Monday. A rise in crude oil prices drags the Indian currency lower. It’s worth noting that India is the world’s third-largest oil consumer, and higher crude oil prices tend to have a negative impact on the INR value. Additionally, the rising expectation that the Reserve Bank of … - [NZD/USD advances to near 0.6000 due to rising Trump tariff tensions](https://todaymarkets.ae/nzd-usd-advances-to-near-0-6000-due-to-rising-trump-tariff-tensions/): NZD/USD appreciated by more than 0.50%, trading around 0.6000 during the Asian hours on Monday. The pair rises as the US Dollar (USD) remains softer amid increasing concerns regarding slow growth and renewed inflation in the United States (US). On Friday, President Trump said at a rally in Pennsylvania that he planned to double import tariffs on steel and aluminum … - [Economic Calendar - U.S. PCE Data And German Inflation in Focus](https://todaymarkets.ae/economic-calendar-u-s-pce-data-and-german-inflation-in-focus/): Today’s economic calendar centers on critical U.S. inflation data that could influence Federal Reserve policy amid ongoing trade tariff uncertainty. The PCE price index—the Fed’s preferred inflation gauge—headlines a packed day that also features German CPI, Canadian GDP, and U.S. consumer sentiment data. Markets remain on edge following yesterday’s appeals court decision to reinstate Trump’s … - [WTI remains below $60.50 as US federal appeals court temporarily reinstates Trump tariffs](https://todaymarkets.ae/wti-remains-below-60-50-as-us-federal-appeals-court-temporarily-reinstates-trump-tariffs/): West Texas Intermediate (WTI) Oil price extends its losses for the second successive session, trading around $60.30 per barrel during the Asian hours on Friday. Crude Oil prices struggle on dampened market sentiment after the US Court of Appeals for the Federal Circuit in Washington temporarily allowed the most sweeping of President Donald Trump’s tariffs … - [USD/CAD softens to near 1.3800 ahead of US PCE, Canadian GDP releases](https://todaymarkets.ae/usd-cad-softens-to-near-1-3800-ahead-of-us-pce-canadian-gdp-releases/): The USD/CAD pair trades in a negative territory around 1.3810 during the early Asian session on Friday. The concerns that a US court ruling would change the outlook for US tariffs weigh on the Greenback. Investors will closely monitor the US April Personal Consumption Expenditures (PCE) Price Index and the Canadian Gross Domestic Product (GDP) data, which … - [USD/INR softens as traders await India GDP, US PCE releases](https://todaymarkets.ae/usd-inr-softens-as-traders-await-india-gdp-us-pce-releases/): The Indian Rupee (INR) gains ground on Friday, snapping the three-day losing streak. The downbeat US economic data and concerns that a US court ruling would change the outlook for US tariffs undermine the US Dollar (USD). A decline in crude oil prices provides some support to the Indian currency, as India is the world’s third-largest oil consumer.  However, … - [EUR/USD edges lower to mid-1.1300s; looks to US PCE Price Index for fresh impetus](https://todaymarkets.ae/eur-usd-edges-lower-to-mid-1-1300s-looks-to-us-pce-price-index-for-fresh-impetus/): The EUR/USD pair struggles to capitalize on the previous day’s solid bounce from the 1.1200 neighborhood, or a one-and-a-half week low, and trades with a mild negative bias during the Asian session on Friday. Spot prices currently hover around the mid-1.1300s, down nearly 0.15% for the day, though the downside remains cushioned. Following the previous … - [NZD/USD maintains position above 0.5950 after trimming recent gains, US PCE inflation eyed](https://todaymarkets.ae/nzd-usd-maintains-position-above-0-5950-after-trimming-recent-gains-us-pce-inflation-eyed/): NZD/USD holds ground after trimming daily gains, trading around 0.5960 during the Asian hours on Friday. The pair offered its gains after weaker economic data was released from New Zealand. Traders will likely observe the US April Personal Consumption Expenditures (PCE) Price Index report, scheduled to be released on Friday. The ANZ–Roy Morgan Consumer Confidence … - [Australian Dollar struggles after disappointing economic data release, US PCE index eyed](https://todaymarkets.ae/australian-dollar-struggles-after-disappointing-economic-data-release-us-pce-index-eyed/): The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday, retracing its recent gains from the previous session. The AUD/USD pair remains subdued following the release of disappointing economic data from Australia. Australia’s seasonally adjusted Retail Sales declined by 0.1% month-over-month in April, against the expectations of remaining consistent at 0.3% growth. Meanwhile, the monthly Building … - [Japanese Yen trims part of strong intraday gains against a broadly recovering USD](https://todaymarkets.ae/japanese-yen-trims-part-of-strong-intraday-gains-against-a-broadly-recovering-usd/): The Japanese Yen (JPY) trims a part of modest intraday gains against a broadly recovering US Dollar (USD), though it retains its positive bias amid a combination of supporting factors. A federal appeals court on Thursday paused a recent decision to block US President Donald Trump’s sweeping tariffs and tempers investors’ appetite for riskier assets. This is … - [Cattle Rallies Back as Cash Strength Continues](https://todaymarkets.ae/cattle-rallies-back-as-cash-strength-continues/): Live cattle futures posted gains of $1.60 to $2.075. Cash trade showed sales at $221-223 in the South on Thursday, with business at $234-235 in the North. Thursday morning’s Fed Cattle Exchange online auction showed sales at $222-225.50 on 773 of the 1,546 head offered. Feeder cattle futures got a Thursday bouncing back, up $4.25 … - [Soybeans Sneak Out Front Month Gains](https://todaymarkets.ae/soybeans-sneak-out-front-month-gains/): Soybeans managed to see a late session surge by the bulls in the nearbys, up 3 to 4 cents. New crop contracts were fractionally mixed. The cmdtyView Cash Bean price was up 3 1/4 cents to $10.05. Soymeal futures were up $1 to $2.70/ton on the day, with Soy Oil futures 22 to 54 points lower. Following a federal trade court … - [Wheat Pops Higher as Spring Wheat Post Double Digit Gains](https://todaymarkets.ae/wheat-pops-higher-as-spring-wheat-post-double-digit-gains/): The wheat complex saw a stronger trade on Thursday, as the spring wheat market lead the charge. Chicago SRW futures were up 3 to 4 cents on the day. Kansas City HRW contracts saw 6 to 7 cent gains. Minneapolis spring wheat futures were 12 to 14 cents in green.  Following a federal trade court … - [Corn Struggles Despite Demand Strength](https://todaymarkets.ae/corn-struggles-despite-demand-strength/): Corn futures saw losses of 2 to 4 cents across most contracts on Thursday, as futures pulled off early session lows.  The front month CmdtyView national average Cash Corn price was down 3 ½ cents at $4.21 1/4.  USDA reported a couple private export sales of corn this morning, with 104,000 MT sold to Mexico and 101,096 … - [Crude Prices Fall on Oversupply Concerns](https://todaymarkets.ae/crude-prices-fall-on-oversupply-concerns/): July WTI crude oil (CLN25) Thursday closed down -0.90 (-1.46%), and July RBOB gasoline (RBN25) closed down -0.0260 (-1.26%). Crude oil and gasoline prices on Thursday gave up an early advance and retreated, with gasoline falling to a 3-week low.  Crude prices were under pressure Thursday amid concerns about a global supply glut, following a … - [Nat-Gas Prices Undercut by Cooler US Temps and Ample Supplies](https://todaymarkets.ae/nat-gas-prices-undercut-by-cooler-us-temps-and-ample-supplies/): July Nymex natural gas (NGN25) on Thursday closed down by -0.035 (-0.98%). July nat-gas prices on Thursday extended Wednesday’s plunge and fell to a 1-1/2 week low on forecast for cooler US weather and a build in nat-gas inventories.  The Commodity Weather Group said Thursday that forecasts have turned cooler for the central US for … - [Coffee Prices Settle Lower as Global Supply Outlook Improves](https://todaymarkets.ae/coffee-prices-settle-lower-as-global-supply-outlook-improves/): July arabica coffee (KCN25) Thursday closed down -3.55 (-1.01%), and July ICE robusta coffee (RMN25) closed down -26 (-0.57%). Coffee prices on Thursday extended their month-long slide, with arabica falling to a 7-week low and robusta dropping to a 6-1/2 month low.   Coffee prices have been under pressure over the past month on the … - [Cocoa Prices Sharply Lower on Improved West African Cocoa Crop Prospects](https://todaymarkets.ae/cocoa-prices-sharply-lower-on-improved-west-african-cocoa-crop-prospects/): July ICE NY cocoa (CCN25) Thursday closed down -524 (-5.44%), and July ICE London cocoa #7 (CAN25) closed down -305 (-4.69%). Cocoa prices on Thursday extended their week-long selloff, with NY cocoa falling sharply to a 2-1/2 week low and London cocoa sinking to a 3-week low.  Cocoa prices are under pressure due to favorable … - [Sugar Prices Climb as Brazil's Sugar Production Falls](https://todaymarkets.ae/sugar-prices-climb-as-brazils-sugar-production-falls/): July NY world sugar #11 (SBN25) Thursday closed up +0.10 (+0.59%), and August London ICE white sugar #5 (SWQ25) closed up +2.20 (+0.47%). Sugar prices on Thursday recovered from early losses and posted moderate gains as short covering emerged on signs of smaller sugar output in Brazil.  Unica reported Thursday that Brazil’s 2025/26 Center-South sugar … - [Cotton Fades Lower ](https://todaymarkets.ae/cotton-fades-lower/): Cotton futures held the weakness into the Thursday close, as contracts were down 34 to 52 points on the day. Crude oil prices were back down $0.97 on the day, with the US dollar index $0.505 lower to $99.260.  Following a federal trade court ruling that President Trump’s liberation day tariffs were illegal, an appeals … - [Chart of The Day - Nasdaq 100](https://todaymarkets.ae/chart-of-the-day-nasdaq-100-3/): The US100 contract returned to dynamic gains following Nvidia’s (NVDA.US) solid results, which demonstrate that demand for AI remains strong. The company eased concerns about margin declines and presented promising revenue forecasts despite expected sales losses in China. The earnings report also featured geopolitical highlights. Nvidia CEO Jensen Huang praised the US president for his “bold … - [Economic Calendar - U.S. GDP Revision And EIA Report in Focus](https://todaymarkets.ae/economic-calendar-u-s-gdp-revision-and-eia-report-in-focus/): The night brought euphoria following Nvidia’s earnings and a completely new reality in trade relations, after the U.S. Court of International Trade blocked parts of the tariffs imposed via Donald Trump’s executive orders. Declared illegal were the global 10% tariff and the so-called fentanyl tariffs on China, Canada, and Mexico. The Trump administration has already announced it will … - [Gold price seems vulnerable below $3,300 amid tariffs news, stronger USD](https://todaymarkets.ae/gold-price-seems-vulnerable-below-3300-amid-tariffs-news-stronger-usd/): Gold price (XAU/USD) touched a one-and-a-half week low, around the $3,246-3,245 area during the Asian session on Thursday in reaction to the news that a federal court blocked US President Donald Trump’s trade tariffs from going into effect. The ruling led to a sharp bounce in risk trade and weighed heavily on traditional safe-haven assets, which, … - [NZD/USD attracts some sellers below 0.5950 as US court blocks Trump's reciprocal tariffs](https://todaymarkets.ae/nzd-usd-attracts-some-sellers-below-0-5950-as-us-court-blocks-trumps-reciprocal-tariffs/): The NZD/USD pair weakens to near 0.5935 during the early Asian trading hours on Thursday bolstered by a firmer US Dollar (USD). The renewed trade tensions between the United States (US) and China weigh on the China-proxy Kiwi. US President Donald Trump’s administration suspended some sales to China of critical US technologies, including those related to jet engines, semiconductors, and certain chemicals. … - [XAG/USD hovers around nine-day EMA near $33.00](https://todaymarkets.ae/xag-usd-hovers-around-nine-day-ema-near-33-00/): Silver price (XAG/USD) halts its two-day losing streak, trading around $33.20 per troy ounce during the Asian hours on Thursday. Technical analysis of the daily chart indicates a neutral bias, as the price of the precious metal consolidates within a rectangular pattern. The 14-day Relative Strength Index (RSI) has moved slightly above the 50 level, indicating a … - [US Dollar Index rises to near 100.50 after court ruling Trump tariffs, Q1 GDP data eyed](https://todaymarkets.ae/us-dollar-index-rises-to-near-100-50-after-court-ruling-trump-tariffs-q1-gdp-data-eyed/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the third successive day and trading more than 0.50% higher around 100.30 during the Asian hours on Thursday. Traders are likely awaiting the preliminary US Q1 Gross Domestic Product (GDP) Annualized, Personal Consumption Expenditures … - [WTI rises above $62.00 as OPEC+ holds oil quotas](https://todaymarkets.ae/wti-rises-above-62-00-as-opec-holds-oil-quotas/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.15 during the Asian trading hours on Thursday. The WTI price edges higher on supply concerns after OPEC+ agreed to leave their output policy unchanged.  The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to leave their formal output quotas unchanged. … - [USD/INR extends the rally as US court blocks US President Donald Trump's tariffs](https://todaymarkets.ae/usd-inr-extends-the-rally-as-us-court-blocks-us-president-donald-trumps-tariffs/): The Indian Rupee (INR) softens on Thursday. The month-end US Dollar (USD) demand and the headline surrounding the US court blocking US President Donald Trump’s tariffs provide some support to the US Dollar (USD) and weigh on the Indian currency. Additionally, a rise in crude oil prices could exert some selling pressure on the Indian currency, as … - [AUD extends losses as US Dollar advances on court ruling of Trump tariffs](https://todaymarkets.ae/aud-extends-losses-as-us-dollar-advances-on-court-ruling-of-trump-tariffs/): The Australian Dollar (AUD) remains subdued for the fourth successive session on Thursday, following disappointing Private Capital Expenditure data for the first quarter. The AUD/USD pair extends its losses as the US Dollar (USD) is trading higher after a US federal court blocked US President Donald Trump’s “Liberation Day” tariffs from taking effect. A Reuters report showed … - [JPY dives to nearly two-week low against USD on tariff news](https://todaymarkets.ae/jpy-dives-to-nearly-two-week-low-against-usd-on-tariff-news/): The Japanese Yen (JPY) attracts heavy selling during the Asian session on Thursday in reaction to the news that a US federal court blocked President Donald Trump’s “Liberation Day” tariffs from going into effect. The development boosts investors’ confidence and triggers a fresh wave of the risk-on trade, which, in turn, weighs heavily on traditional … - [EUR/USD drops below 1.1250 as US Dollar appreciates ahead of Q1 GDP Annualized](https://todaymarkets.ae/eur-usd-drops-below-1-1250-as-us-dollar-appreciates-ahead-of-q1-gdp-annualized/): EUR/USD extends its losing streak for the third successive session, trading around 1.1240 during the Asian hours on Thursday. The preliminary US Q1 Gross Domestic Product (GDP) Annualized, Personal Consumption Expenditures Prices QoQ, and Initial Jobless Claims, scheduled to be released later in the day. The EUR/USD pair depreciates as the US Dollar (USD) gains ground following a decision … - [USD/CHF rallies to over one-week top, close to mid-0.8300s on the tariff-block news](https://todaymarkets.ae/usd-chf-rallies-to-over-one-week-top-close-to-mid-0-8300s-on-the-tariff-block-news/): The USD/CHF pair regains positive traction following the previous day’s directionless price move and jumps to over a one-week high, around the 0.8345-0.8350 area during the Asian session Thursday. Moreover, the fundamental backdrop supports prospects for an extension of a multi-day-old uptrend from sub-0.8200 levels, or a nearly three-week low touched on Monday. The global … - [The wheat market held onto some gains ](https://todaymarkets.ae/the-wheat-market-held-onto-some-gains/): The wheat market held onto some gains on the Wednesday session with spring wheat leading the charge. Chicago SRW futures were up 1 to 2 cents at the close. Kansas City HRW contracts are were firmer, with just fractional gains on the day. Minneapolis spring wheat futures were the bull leaders thanks to the weaker … - [Weaker trade Weighs on Corn](https://todaymarkets.ae/weaker-trade-weighs-on-corn/): Corn futures closed out the Wednesday session with weaker trade, as contracts were down 3 to 8 ½ cents at the close. A light news day and rains in the forecast added to some bearish movement.  The front month CmdtyView national average Cash Corn price was down 8 1/2 cent at $4.25.  After the close, the weekly … - [Soybeans Pullback with 12 to 14 cent losses](https://todaymarkets.ae/soybeans-pullback-with-12-to-14-cent-losses/): Soybean futures settled Wednesday with 12 to 14 cent losses, as weaker products and lack of bullish news sent the market lower. The cmdtyView Cash Bean price was down 13 1/4 cents to $10.02 3/4. Soymeal futures were down $1.90 to $2.60/ton on the day, with Soy Oil futures 44 to 67 points lower. Crop Progress data from Tuesday afternoon showed … - [Cattle Continue Pullback](https://todaymarkets.ae/cattle-continue-pullback/): Live cattle futures posted Wednesday losses $1 to $1.20 in the front months. Cash trade this week has been slow, with very light trade picked up in KS at $220 today. The Wednesday morning Fed Cattle Exchange online auction showed no sales on 1,546 head offered, with bids ranging from $215-220. Feeder cattle futures fell … - [Coffee Prices Sharply Lower as Global Coffee Supply Outlook Improves](https://todaymarkets.ae/coffee-prices-sharply-lower-as-global-coffee-supply-outlook-improves/): July arabica coffee (KCN25) Wednesday closed down -9.75 (-2.70%), and July ICE robusta coffee (RMN25) closed down -104 (-2.21%). Coffee prices on Wednesday sold off sharply, with arabica falling to a 7-week low and robusta dropping to a 6-1/2 month low.   Coffee prices have been under pressure over the past four weeks on the … - [Beneficial Rain in West Africa Pressures Cocoa Prices](https://todaymarkets.ae/beneficial-rain-in-west-africa-pressures-cocoa-prices/): July ICE NY cocoa (CCN25) Wednesday closed down -105 (-1.08%), and July ICE London cocoa #7 (CAN25) closed down -56 (-0.85%). Cocoa prices on Wednesday retreated to 2-week lows.  Cocoa prices were under pressure due to forecasts for favorable rain in West Africa, which is expected to aid cocoa crop development in the world’s largest … - [Cotton Gives into Weakness ](https://todaymarkets.ae/cotton-gives-into-weakness/): Cotton futures closed Wednesday with contracts down 22 to 26 points in the front months, as the outside markets were mixed. Crude oil prices were back up $0.96 on the day, with the US dollar index $0.390 higher to $99.815.  Weekly NASS Crop Progress data showed 52% of the crop planted as of 5/25, lagging … - [Sugar Prices Fall Sharply on Outlook for Robust Global Supplies](https://todaymarkets.ae/sugar-prices-fall-sharply-on-outlook-for-robust-global-supplies/): July NY world sugar #11 (SBN25) Wednesday closed down -0.32 (-1.86%), and August London ICE white sugar #5 (SWQ25) closed down -11.20 (-2.32%). Sugar prices sold off on Wednesday, with NY sugar falling to a 3-3/4 year nearest-futures low and London sugar falling to a 4-1/4 month low.  Over the past two weeks, expectations for … - [Crude Prices Rally on Risks to Russian and Iranian Oil Supplies](https://todaymarkets.ae/crude-prices-rally-on-risks-to-russian-and-iranian-oil-supplies/): July WTI crude oil (CLN25) Wednesday closed up +0.95 (+1.56%), and July RBOB gasoline (RBN25) closed up +0.0152 (+0.74%). Crude oil and gasoline prices rallied Wednesday on concern the US might ramp up sanctions on Russian crude exports since Russian President Putin refuses to agree to a ceasefire with Ukraine.  Crude oil also has support … - [Nat-Gas Prices Sink Ahead of June Futures Contract Expiration](https://todaymarkets.ae/nat-gas-prices-sink-ahead-of-june-futures-contract-expiration/): June Nymex natural gas (NGM25) on Wednesday closed down sharply by -0.194 (-5.71%). June nat-gas prices on Wednesday gave up an early advance and sold off to a 1-week low as fund liquidation weighed on prices ahead of the expiration of the June nat-gas contract. Expectations for a larger-than-normal build in weekly nat-gas inventories also … - [Chart of The Day - Bitcoin](https://todaymarkets.ae/chart-of-the-day-bitcoin/): Bitcoin continues to consolidate near record highs above $109,000. The market’s enthusiasm is driven by Bitcoin’s growing popularity among institutions and businesses. However, retail investor engagement remains at historically low levels. The Bitcoin and broader cryptocurrency market is undergoing a new wave of institutional adoption and growing geopolitical relevance. MicroStrategy continues its aggressive accumulation strategy, … - [Trade of The Day - GBP/USD](https://todaymarkets.ae/trade-of-the-day-gbp-usd-2/): Facts:GBPUSD broke below the lower limit of 1:1 structure at 1.3483The pair is trading below 100-period moving average from H1 interval Recommendation: Trade: Short position on GBPUSD at market priceTarget: 1.3400, 1.3255Stop: 1.3525 Opinion: GBPUSD has been trading in an upward trend recently. However, looking at the H1 interval, we can see that the recent upward move … - [EUR/JPY Breaks below 163.50, support appears near nine-day EMA](https://todaymarkets.ae/eur-jpy-breaks-below-163-50-support-appears-near-nine-day-ema/): EUR/JPY halts its two-day winning streak, trading around 163.30 during the Asian hours on Wednesday. The weakening of a bullish bias appears as the currency cross remains slightly below the lower boundary of the ascending channel, as suggested by the technical analysis of the daily chart. However, the EUR/JPY cross maintains its position slightly above the nine-day … - [JPY remains on the back foot against mildly positive USD](https://todaymarkets.ae/jpy-remains-on-the-back-foot-against-mildly-positive-usd/): The Japanese Yen (JPY) turns lower for the third straight day against a broadly recovering US Dollar (USD) and drops to over a one-week low during the Asian session on Wednesday. Comments from Japan’s Finance Minister Katsunobu Katō suggested that the government will take some action to curb the recent sharp rise in Japanese bond yields. This, … - [NZD/USD surges above 0.5950 after RBNZ’s policy decision](https://todaymarkets.ae/nzd-usd-surges-above-0-5950-after-rbnzs-policy-decision/): NZD/USD recovers its recent losses from the previous session, trading around 0.5970 during the Asian hours on Wednesday. The pair appreciates as the New Zealand Dollar (NZD) gains ground following the Reserve Bank of New Zealand’s (RBNZ) interest rate decision. The RBNZ lowered its Official Cash Rate (OCR) by 25 basis points (bps) to 3.25% from 3.5% … - [GBP/USD Keeps bullish vibe, first upside target emerges above 1.3550](https://todaymarkets.ae/gbp-usd-keeps-bullish-vibe-first-upside-target-emerges-above-1-3550/): The GBP/USD pair attracts some sellers to around 1.3480 during the Asian trading hours on Wednesday. The Greenback strengthens against the Pound Sterling (GBP) on the economic signs in the United States (US).  Data released by the Conference Board on Tuesday showed that the US Consumer Confidence Index rose to 98.0 in May from 86.0 (revised … - [AUD remains tepid as US Dollar rises ahead of FOMC Meeting Minutes](https://todaymarkets.ae/aud-remains-tepid-as-us-dollar-rises-ahead-of-fomc-meeting-minutes/): The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Wednesday for the third successive session. The AUD/USD pair loses ground after the release of the Monthly Consumer Price Index (CPI). However, the Australian Bureau of Statistics reported that monthly inflation, in the price of a fixed basket of goods and services acquired by household consumers, … - [USD/INR climbs on MSCI-driven outflows, FOMC Minutes eyed](https://todaymarkets.ae/usd-inr-climbs-on-msci-driven-outflows-fomc-minutes-eyed/): The Indian Rupee (INR) weakens on Wednesday. Foreign outflows worth $900 million from Zomato due to MSCI index rebalancing, along with the expectations of interest rate cuts by the Reserve Bank of India (RBI) weigh on the local currency. The month-end US Dollar (USD) demand from local companies and foreign banks might also contribute to the INR’s … - [EUR/USD falls toward 1.1300 as bond market optimism outweighs impact of US-EU tariff delay](https://todaymarkets.ae/eur-usd-falls-toward-1-1300-as-bond-market-optimism-outweighs-impact-of-us-eu-tariff-delay/): EUR/USD continues its losses for the second successive day, trading around 1.1310 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) draws support and as US yields depreciate following Japan’s indication of potential cuts in government debt issuance, which has boosted global bond markets. At the time of writing, the 10- and 30-year … - [Gold price seems vulnerable below $3,300 amid modest USD strength](https://todaymarkets.ae/gold-price-seems-vulnerable-below-3300-amid-modest-usd-strength/): Gold price (XAU/USD) struggles to capitalize on a modest Asian session uptick and currently trades just below the $3,300 mark, close to the weekly low touched the previous day. Better-than-expected US economic data released on Tuesday calmed recession fears and assisted the US Dollar (USD) in attracting buyers for the second straight day, which, in turn, is seen undermining the … - [Expectations for Higher OPEC+ Output Weigh on Crude Prices](https://todaymarkets.ae/expectations-for-higher-opec-output-weigh-on-crude-prices/): July WTI crude oil (CLN25) Tuesday closed down -0.64 (-1.04%), and July RBOB gasoline (RBN25) closed down -0.0275 (-1.32%). Crude oil and gasoline prices on Tuesday settled sharply lower, with gasoline posting a 2-1/2 week low.  Tuesday’s stronger dollar weighed on energy prices.  Crude prices were also under pressure due to concerns about oversupply, as … - [Forecasts for Warm US Temps Boost Nat-Gas Prices](https://todaymarkets.ae/forecasts-for-warm-us-temps-boost-nat-gas-prices/): June Nymex natural gas (NGM25) on Tuesday closed up by +0.064 (+1.92%). June nat-gas prices on Tuesday recovered from early losses and settled higher.  Short-covering emerged in nat-gas futures Tuesday due to forecasts for warmer US temperatures, which could boost nat-gas demand from electricity providers to run air conditioning.  NatGasWeather said Tuesday that most of … - [Cattle Pulls Off Lows](https://todaymarkets.ae/cattle-pulls-off-lows/): Live cattle futures were down 67 cents to $1.15 on Tuesday. Last week’s cash trade was reported at $230-231 live in the north and dressed at $360-370. Southern trade was light, from 220 to $222. Feeder cattle futures bounced off the early midday losses to close with $2 to $2.25 on Tuesday. The CME Feeder … - [Wheat Trades Lower](https://todaymarkets.ae/wheat-trades-lower-2/): The wheat complex faded lower on Tuesday. Chicago SRW futures were down 13 to 14 cents at the close. The Kansas City HRW contracts posted losses of 14 to 15 on the Tuesday session. Minneapolis spring wheat futures were 10 to 12 cents in the red. Weekly Crop Progress data tallied the spring wheat crop … - [Soybeans Hold onto Gains](https://todaymarkets.ae/soybeans-hold-onto-gains/): Soybean saw strength on Tuesday, as contracts were steady to 3 cents higher across most months. The cmdtyView Cash Bean price was up 3 3/4 cents to $10.15. Soymeal futures were a dime higher to 40 cents/ton lower on the day, with Soy Oil futures up 4 to 25 points. Weekly Export Inspections data tallied soybean shipments at just 194,904 MT … - [Corn Falls Lower, as Ratings Come in Below Expectations](https://todaymarkets.ae/corn-falls-lower-as-ratings-come-in-below-expectations/): Corn futures were weighed down by a weaker wheat market, as contracts closed steady in July and 4 to 5 cents lower in the new crop months. The front month CmdtyView national average Cash Corn price was up 1/2 cent at $4.33 1/4.  After the close, the weekly Crop Progress report showed the US corn crop at … - [Cotton Faces Outside Pressure](https://todaymarkets.ae/cotton-faces-outside-pressure/): Cotton futures faded weaker into the Tuesday close, with contracts down 31 to 54 points. Crude oil prices were back down 40 cents on the day, with the US dollar index $0.500 higher to $99.510.  Weekly NASS Crop Progress data showed 52% of the crop planted as of 5/25, lagging the 56% average. The crop … - [Favorable Growing Conditions in West Africa Undercut Cocoa Prices](https://todaymarkets.ae/favorable-growing-conditions-in-west-africa-undercut-cocoa-prices/): July ICE NY cocoa (CCN25) Tuesday closed down -25 (-0.26%), and July ICE London cocoa #7 (CAN25) closed down -82 (-1.23%). Cocoa prices on Tuesday closed lower, with London cocoa posting a 2-week low.  Forecasts for favorable rain in West Africa are expected to aid cocoa crop development in the world’s largest cocoa-growing regions, a … - [Lackluster Rain in Brazil Supports Arabica Coffee Prices](https://todaymarkets.ae/lackluster-rain-in-brazil-supports-arabica-coffee-prices/): July arabica coffee (KCN25) Tuesday closed up +0.70 (+0.19%), and July ICE robusta coffee (RMN25) closed down -94 (-1.96%). Coffee prices on Tuesday settled mixed, with robusta falling sharply to a 7-week low.  Arabica coffee moved higher on Tuesday on concern that poor weather in Brazil will reduce crop yields.  Somar Meteorologia reported Monday that … - [Sugar Prices Slide on the Outlook for Robust Global Supplies](https://todaymarkets.ae/sugar-prices-slide-on-the-outlook-for-robust-global-supplies/): July NY world sugar #11 (SBN25) today is down -0.11 (-0.64%), and August London ICE white sugar #5 (SWQ25) is down -1.90 (-0.39%). Sugar prices are sliding today, with NY sugar posting a 3-week low and London sugar posting a 4-1/4 month low.  Over the past two weeks, expectations for a global sugar surplus have … - [DAX Nears ATH Despite Poor Automakers Sales](https://todaymarkets.ae/dax-nears-ath-despite-poor-automakers-sales/): European markets extended their positive momentum on Tuesday, building on Monday’s strong rally with continued gains across most major indices as investor confidence remained elevated following the US tariff deadline extension. The pan-European EU50 index added another 0.26% to reach 5,414.6, while Germany’s DE40 climbed 0.41% to 24,145.6, maintaining the optimistic sentiment that emerged after … - [Risk Sentiment Picks Up as Bonds Come to The Fore](https://todaymarkets.ae/risk-sentiment-picks-up-as-bonds-come-to-the-fore/): Bond yields are falling this morning, easing fears of a sovereign debt crunch for some of the world’s most indebted nations. The drop in bond yields is most pronounced in Japan, the 30-year yield is down 20bps, the 30-year US Treasury yield is lower by 7bps and yields in Europe are also lower, led by … - [Economic Calendar - Durable Goods Orders And U.S. CB Confidence](https://todaymarkets.ae/economic-calendar-durable-goods-orders-and-u-s-cb-confidence/): We start Tuesday’s session in European markets. Futures indicate mixed sentiment after yesterday’s gains fueled by tariff news. Markets in the US and UK are resuming trading after the bank holiday, and investors’ attention will turn today to several macro data readings and speeches from central bankers from the ECB and Fed. Daily calendar: The … - [Trade of The Day - AUD/USD](https://todaymarkets.ae/trade-of-the-day-aud-usd/): Facts:AUDUSD is trading in an upward trend from 16th of mayThe pair bounced off the key support at 0.6465 Recommendation: Trade: Long position on AUDUSD at market priceTarget: 0.6530, 0.6557Stop: 0.6455 Opinion: Looking at the AUDUSD on H1 interval, we can see that the pair reached a key technical support. The pair bounced off the area … - [Mid Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-13/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [USD/CHF Bearish outlook remains in play below 0.8250](https://todaymarkets.ae/usd-chf-bearish-outlook-remains-in-play-below-0-8250/): The USD/CHF pair recovers some lost ground to near 0.8220 during the early European session on Tuesday. However, the potential upside for the pair might be limited amid the concerns over the mounting US national deficit. Traders await the US Conference Board’s Consumer Confidence report, which is due later on Tuesday. Also, Durable Goods Orders and the … - [US Dollar Index Hovers around 99.00, with a persistent bearish bias](https://todaymarkets.ae/us-dollar-index-hovers-around-99-00-with-a-persistent-bearish-bias/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent losses from the previous session. The DXY is trading around 98.80 during the Asian hours on Tuesday. On the daily chart, technical analysis suggested a persistent bearish bias, with the index moving downwards within a … - [NZD/USD extends the rally to near 0.6000 ahead of RBNZ rate decision](https://todaymarkets.ae/nzd-usd-extends-the-rally-to-near-0-6000-ahead-of-rbnz-rate-decision/): The NZD/USD pair extends its upside to around 0.6000 during the early Asian session on Tuesday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) amid renewed trade tensions and growing concerns about the US fiscal outlook. The Reserve Bank of New Zealand (RBNZ) interset rate decision will be in the spotlight … - [GBP/USD maintains position above 1.3550 near 39-month highs due to risk-on mood](https://todaymarkets.ae/gbp-usd-maintains-position-above-1-3550-near-39-month-highs-due-to-risk-on-mood/): GBP/USD extends its winning streak for the third successive session, trading around 1.3570 during the Asian hours on Tuesday. The pair is hovering near the 39-month high of 1.3593, which was marked on Monday. The pair continues to appreciate as the US Dollar (USD) weakens due to growing fears over the United States’ (US) debt … - [USD/INR holds steady amid a softer US Dollar](https://todaymarkets.ae/usd-inr-holds-steady-amid-a-softer-us-dollar/): The Indian Rupee (INR) flat lines on Tuesday after hitting a two-week high in the previous session. A broader gain in the Asian currencies on account of a weak US Dollar (USD) could provide some support to the Indian currency. Additionally, a decline in crude oil prices might contribute to the INR’s upside. It’s worth noting that … - [EUR/JPY Bulls and bears jostle around 200-hour SMA, above mid-162.00s](https://todaymarkets.ae/eur-jpy-bulls-and-bears-jostle-around-200-hour-sma-above-mid-162-00s/): The EUR/JPY cross dropped to the 162.00 mark during the Asian session on Tuesday and eroded a major part of the previous day’s gains led by the optimism over the EU tariff delay. Spot prices, however, recover the early lost ground and currently trade just above mid-162.00s, nearly unchanged for the day. From a technical … - [XAG/USD holds losses below $33.50 due to fading safe-haven demand](https://todaymarkets.ae/xag-usd-holds-losses-below-33-50-due-to-fading-safe-haven-demand/): Silver price (XAG/USD) loses ground after registering gains in the previous two sessions, trading around $33.40 per troy ounce during the Asian hours on Tuesday. The grey metal attracts sellers due to diminished safe-haven demand amid the easing trade tension between the United States (US) and the European Union (EU) improves the traders’ risk appetite. Following … - [The Japanese Yen sticks to intraday gains](https://todaymarkets.ae/the-japanese-yen-sticks-to-intraday-gains/): The Japanese Yen (JPY) retreats a few pips from over a one-month high touched against a weaker US Dollar (USD) during the Asian session on Tuesday, in reaction to strong domestic inflation data. US President Donald Trump’s announcement to delay imposing tariffs on the European Union (EU) is seen as acting as a headwind for … - [EUR/USD gathers strength to near 1.1400 as Trump delays EU tariffs](https://todaymarkets.ae/eur-usd-gathers-strength-to-near-1-1400-as-trump-delays-eu-tariffs/): The EUR/USD pair trades in positive territory near 1.1395 during the Asian trading hours on Tuesday. The Euro (EUR) edges higher to the highest since late April against the US Dollar (USD) after US President Donald Trump delayed the imposition of 50% tariffs on Europe. The US Conference Board’s Consumer Confidence for May will be published later on Tuesday.  Reuters … - [AUD remains subdued despite a weaker US Dollar due to growing debt issues](https://todaymarkets.ae/aud-remains-subdued-despite-a-weaker-us-dollar-due-to-growing-debt-issues/): The Australian Dollar (AUD) remains subdued against the US Dollar (USD) for the second successive day on Tuesday. However, the AUD/USD pair maintains its position near a psychological 0.6500 level after pulling back from a six-month high of 0.6537, which was reached on Monday. However, the continued decline in the US Dollar provides support for the pair, … - [XAU/USD price consolidates below two-week high; bullish potential seems intact](https://todaymarkets.ae/xau-usd-price-consolidates-below-two-week-high-bullish-potential-seems-intact/): Gold price (XAU/USD) struggles to gain any meaningful traction and oscillates in a narrow band during the Asian session on Tuesday amid mixed fundamental cues. Investors cheered US President Donald Trump’s decision to delay imposing tariffs on the European Union (EU), which, in turn, is seen acting as a headwind for the safe-haven commodity. However, the … - [Three Markets to Watch This Week](https://todaymarkets.ae/three-markets-to-watch-this-week/): The previous week was marked by fiscal turmoil in the U.S., which sowed uncertainty about the financial stability of the world’s largest economy. Both the equity and bond markets recorded significant losses, pointing to a reactivation of the “Sell America” sentiment. Legislative developments will remain in focus this week: the U.S. Senate will take up … - [Economic Calendar - Tariff Talks in Focus](https://todaymarkets.ae/economic-calendar-tariff-talks-in-focus/): Following Donald Trump’s move on Friday, trade negotiations between the EU and the U.S. will remain the key focus for markets in the coming hours.  Overnight, the 50% tariffs on all EU goods have been postponed until the conclusion of official trade talks (i.e., until July 9). However, potential comments from the European Commission, the … - [Mid-Morning Update](https://todaymarkets.ae/mid-morning-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [GBP/USD Hits fresh 39-month highs near 1.3600](https://todaymarkets.ae/gbp-usd-hits-fresh-39-month-highs-near-1-3600/): The GBP/USD pair extends its winning streak for the second successive session, trading around 1.3580 during Monday’s Asian hours. The technical analysis of the daily chart suggests that a bullish bias prevails as the pair moves upwards within an ascending channel pattern. The GBP/USD pair continues to rise above the nine-day Exponential Moving Average (EMA), suggesting the … - [EUR/JPY Climbs beyond mid-162.00s, bulls have the upper hand while above 200-day SMA](https://todaymarkets.ae/eur-jpy-climbs-beyond-mid-162-00s-bulls-have-the-upper-hand-while-above-200-day-sma/): The EUR/JPY cross gains strong positive traction at the start of a new week and snaps a three-day losing streak to the 161.00 neighborhood, or a nearly one-month low set on Friday. US President Donald Trump’s decision to delay the implementation of tariffs on the European Union (EU) boosts the shared currency and lifts spot … - [EUR/USD rises to near 1.1400 as Trump extends tariff deadline on imports from EU](https://todaymarkets.ae/eur-usd-rises-to-near-1-1400-as-trump-extends-tariff-deadline-on-imports-from-eu/): EUR/USD extends its gains for the second successive session, trading around 1.1390 during the Asian hours on Monday. The Euro (EUR) gains ground as Bloomberg reported that US President Donald Trump agreed to extend the 50% tariff deadline on the European Union (EU) until July 9. On Sunday. European Commission President Ursula von der Leyen posted … - [XAG/USD Bullish outlook remains in play near $33.50](https://todaymarkets.ae/xag-usd-bullish-outlook-remains-in-play-near-33-50/): The Silver price (XAG/USD) trades with mild gains around $33.50 during the early European session on Monday. The escalating geopolitical tensions along with the weaker Dollar (USD) provide some support to the safe-haven currency like the Japanese Yen (JPY). Traders will keep an eye on the Bank of Japan’s (BoJ) Governor Kazuo Ueda speech later on Monday. … - [XAU/USD trades with mild negative bias below two-week top touched on Friday](https://todaymarkets.ae/xau-usd-trades-with-mild-negative-bias-below-two-week-top-touched-on-friday/): Gold price (XAU/USD) edges lower during the Asian session on Monday in reaction to US President Donald Trump’s decision to delay the implementation of tariffs on the European Union (EU). This, in turn, held back bulls from placing fresh bullish bets around the precious metal, especially after last week’s sharp rally of nearly 5%. Any meaningful … - [USD/CAD slides below 1.3700 mark, fresh YTD trough amid sustained USD selling](https://todaymarkets.ae/usd-cad-slides-below-1-3700-mark-fresh-ytd-trough-amid-sustained-usd-selling/): The USD/CAD pair prolongs its downtrend witnessed over the past week or so and attracts some follow-through selling during the Asian session on Monday. The downward momentum drags spot prices below the 1.3700 round figure, to the lowest level since October 2024 and is sponsored by a broadly weaker US Dollar (USD). The USD Index … - [WTI holds gains above around $61.50 due to easing US-EU trade concerns](https://todaymarkets.ae/wti-holds-gains-above-around-61-50-due-to-easing-us-eu-trade-concerns/): West Texas Intermediate (WTI) Oil price is trading around $61.50 per barrel during the Asian hours on Monday, extending its gains for the second successive day. Crude Oil prices gain ground amid easing concerns over a trade war between the United States (US) and the European Union (EU). Bloomberg reported that US President Donald Trump agreed to … - [NZD/USD moves above 0.6000 despite NZIER’s recommendation for a rate cut](https://todaymarkets.ae/nzd-usd-moves-above-0-6000-despite-nziers-recommendation-for-a-rate-cut/): NZD/USD hits fresh six-month highs, with trading around 0.6030 during the Asian hours on Monday. The pair continues its winning streak for the second successive day as the US Dollar remains under downward pressure amid rising United States (US)-debt concerns. The US fiscal deficit could increase further when Trump’s “One Big Beautiful Bill” passes through … - [USD/INR loses momentum on weaker US Dollar](https://todaymarkets.ae/usd-inr-loses-momentum-on-weaker-us-dollar/): The Indian Rupee (INR) edges higher on Monday after hitting its best performance in more than two years in the previous session. According to Bloomberg, the Indian currency’s biggest gain was seen after November 11, 2022, when it appreciated around 99 paise in a single day. Mounting concerns about US fiscal health and selling US … - [JPY bulls have the upper hand amid trade optimism and hawkish BoJ expectations](https://todaymarkets.ae/jpy-bulls-have-the-upper-hand-amid-trade-optimism-and-hawkish-boj-expectations/): The Japanese Yen (JPY) hit a fresh monthly high against its American counterpart following an Asian session slide on Monday and seems poised to appreciate further. Hopes that Japan will strike a trade deal with the US soon and the growing acceptance that the Bank of Japan (BoJ) will continue raising interest rates turn out … - [AUD remains stronger as US Dollar struggles on growing debt concerns](https://todaymarkets.ae/aud-remains-stronger-as-us-dollar-struggles-on-growing-debt-concerns/): The Australian Dollar (AUD) continues to gain ground against the US Dollar (USD) on Monday, marking fresh six-month highs. The AUD/USD pair receives support as the US Dollar remains under downward pressure amid rising uncertainty surrounding the United States (US) economy. The AUD’s upside could be restrained due to dovish sentiment surrounding the Reserve Bank of Australia’s … - [Cattle Closes Mixed, Cattle on Feed Report Neutral](https://todaymarkets.ae/cattle-closes-mixed-cattle-on-feed-report-neutral/): Live cattle futures closed out Friday mixed, within 20 cents of unchanged in the front months, as June was back up $3.57. Cash trade was reported at $230-231 live in the north and dressed at $360-370. Southern trade was light, from 220 to $229 in some cases. Feeder cattle futures closed with contracts 60 to … - [Corn Corrects Lower into Long Weekend](https://todaymarkets.ae/corn-corrects-lower-into-long-weekend/): Corn futures fall back from the weekly strength, as the tariff news gave the bulls an excuse to take some money off the table ahead of the three-day weekend. Contracts were down 2 to 4 cents, as July was up 16 cents this week, and December rallies 15 ¼ cents. The front month CmdtyView national … - [Wheat Closes Mixed into the Long Weekend](https://todaymarkets.ae/wheat-closes-mixed-into-the-long-weekend/): The wheat complex closed mixed across the three markets, with the spring wheat the strongest. Chicago SRW futures were 2 to 3 cents lower on the day, with July rallying up 17 ½ cents this week. The Kansas City HRW contracts closed 1 to 2 cents in the red, as July held up for a … - [Cotton Rounds Out the Week with Strength](https://todaymarkets.ae/cotton-rounds-out-the-week-with-strength/): Cotton futures posted gains of 53 to 76 points on Thursday to round out the week with May up 43 points this week. Crude oil futures were up $2.10/barrel on the day, with the US dollar index back up $0.037 to $99.180. The markets will be closed on Friday in observance of Good Friday. USDA’s Export … - [Sugar Prices Post Moderate Gains on Reduced Sugar Output in India](https://todaymarkets.ae/sugar-prices-post-moderate-gains-on-reduced-sugar-output-in-india/): May NY world sugar #11 (SBK25) on Thursday closed up +0.07 (+0.39%), and August London ICE white sugar #5 (SWQ25) closed up +1.60 (+0.32%). On Thursday’s news of reduced sugar output in India, sugar prices posted moderate gains.  The Indian Sugar and Bio-Energy Manufacturers Association (ISMA) reported today that India’s sugar production from Oct 1-Apr … - [Strength in Global Demand Pushes Cocoa Prices Sharply Higher](https://todaymarkets.ae/strength-in-global-demand-pushes-cocoa-prices-sharply-higher-2/): May ICE NY cocoa (CCK25) Thursday closed up +269 (+3.32%), and May ICE London cocoa #7 (CAK25) closed up +241 (+4.13%). Cocoa prices on Thursday posted sharp gains on signs of better-than-expected global cocoa demand.  Q1 European cocoa grindings fell -3.7% y/y to 353,522 MT, a smaller decline than expectations for a -5% y/y drop. … - [Strength in Global Demand Pushes Cocoa Prices Sharply Higher](https://todaymarkets.ae/strength-in-global-demand-pushes-cocoa-prices-sharply-higher/): May ICE NY cocoa (CCK25) Thursday closed up +269 (+3.32%), and May ICE London cocoa #7 (CAK25) closed up +241 (+4.13%). Cocoa prices on Thursday posted sharp gains on signs of better-than-expected global cocoa demand.  Q1 European cocoa grindings fell -3.7% y/y to 353,522 MT, a smaller decline than expectations for a -5% y/y drop. … - [EUR/USD Gathers strength above 1.1350, bullish bias remains](https://todaymarkets.ae/eur-usd-gathers-strength-above-1-1350-bullish-bias-remains/): The EUR/USD pair strengthens to around 1.1370 during the early European trading hours on Friday. Hopes for a trade deal between the United States (US) and the European Union (EU) provide some support to the Euro (EUR). Trading volume is likely to be lightened on Good Friday. Technically, the positive outlook of the EUR/USD pair remains in play as the price … - [Mexican Peso surges as Trump-Sheinbaum call eases trade tensions](https://todaymarkets.ae/mexican-peso-surges-as-trump-sheinbaum-call-eases-trade-tensions/): The Mexican Peso rallied against the US Dollar on Thursday after US President Donald Trump and Mexican President Claudia Sheinbaum held a phone call that both said was “very productive.” This and a weaker Greenback sent the USD/MXN drifting lower, exchanging hands at 19.69, down 1.14%. Trading in Mexico is closed in observance of Easter holidays. Although … - [EUR/USD gathers strength above 1.1350, ECB cuts interest rates by 25 bps](https://todaymarkets.ae/eur-usd-gathers-strength-above-1-1350-ecb-cuts-interest-rates-by-25-bps/): The EUR/USD pair attracts some buyers to near 1.1370 during the early Asian session on Friday. The concerns over the economic impact of tariffs continue to drag the US Dollar (USD) lower against the Euro (EUR). Traders will closely monitor the developments surrounding US trade talks. Trading volume is likely to be lightened on Good Friday. The … - [USD/JPY weakens below 142.50 as Japanese CPI came in at 3.6% YoY in March](https://todaymarkets.ae/usd-jpy-weakens-below-142-50-as-japanese-cpi-came-in-at-3-6-yoy-in-march/): The USD/JPY pair softens to near 142.25 in a thin trading volume session on Friday. The US Dollar (USD) edges lower against the Japanese Yen (JPY) amid concerns over the economic impact of tariffs.  Data released by the Japan Statistics Bureau on Friday showed that the National Consumer Price Index (CPI) rose by 3.6% YoY in March, compared to … - [GBP/USD hovers near six-month highs, 1.3300, eyes on US-UK trade discussions](https://todaymarkets.ae/gbp-usd-hovers-near-six-month-highs-1-3300-eyes-on-us-uk-trade-discussions/): GBP/USD continues its upward momentum from April 8, trading near 1.3280 during Friday’s Asian session. The pair is buoyed by a weakening US Dollar (USD), as concerns grow over the economic impact of tariffs on the United States. While market participants monitor developments in US trade talks, trading activity is expected to remain light due to the … - [NZD/USD remains below five-month highs near 0.6000 due to trade policy focus](https://todaymarkets.ae/nzd-usd-remains-below-five-month-highs-near-0-6000-due-to-trade-policy-focus/): NZD/USD is trading subdued around 0.5970 during Friday’s Asian session, holding near Thursday’s five-month high of 0.5979 after seven consecutive days of gains. The pair could see further upside as the US Dollar (USD) weakens amid rising concerns over the economic fallout from US tariffs. However, trading volumes are likely to remain thin due to the Good … - [USD/CAD moves above 1.3850, upside seems restrained due to improved Oil prices](https://todaymarkets.ae/usd-cad-moves-above-1-3850-upside-seems-restrained-due-to-improved-oil-prices/): USD/CAD halts its two days of losses, trading around 1.3860 during the Asian hours. However, market activity is expected to remain subdued due to the Good Friday holiday. The US Dollar found support from hawkish comments by Federal Reserve Chair Jerome Powell, who warned that persistent inflation and a slowing economy could threaten the Fed’s dual mandate, raising … - [Gold price loses momentum on profit-taking](https://todaymarkets.ae/gold-price-loses-momentum-on-profit-taking/): The Gold price (XAU/USD) holds steady on Friday after retreating from an all-time high of $3,358 as investors book profits during a long Easter weekend. Significant uncertainty over US President Donald Trump’s tariffs on imports into the US and ongoing geopolitical tensions could underpin the Gold price, which is known as a safe haven asset. On the … - [WTI drifts higher to near $63.50 on trade deal hopes, fresh Iran sanctions](https://todaymarkets.ae/wti-drifts-higher-to-near-63-50-on-trade-deal-hopes-fresh-iran-sanctions/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.50 during the Asian session on Friday. The WTI price edges higher to a two-week high amid hopes for a trade deal between the United States and the European Union and fresh US sanctions on Iran. Trading volume is likely to be lightened on Good Friday. US President … - [Australian Dollar holds losses as trading remains silent on Good Friday](https://todaymarkets.ae/australian-dollar-holds-losses-as-trading-remains-silent-on-good-friday/): The Australian Dollar (AUD) remains subdued on Friday following a seven-day winning streak. However, the AUD/USD pair may regain its ground as the US Dollar (USD) weakens amid growing concerns over the economic impact of tariffs on the United States (US). Market participants are closely monitoring developments in US trade negotiations, although trading activity is expected to be subdued … - [Trade of The Day - GBP/JPY](https://todaymarkets.ae/trade-of-the-day-gbp-jpy-3/): Facts:The price broke below the support at 188.32GBPJPY sits below 100-period moving average from H1 intervalHead and shoulders pattern can be spotted on the M15 chart Recommendation: Trade: Short GBPJPY at market priceTarget: 187.63, 187.32Stop Loss: 188.77 Opinion: Looking at the GBPJPY chart, we can see that the head and shoulders pattern appeared on the M … - [EUR/USD declines as ECB cuts interest rates, guides grim outlook](https://todaymarkets.ae/eur-usd-declines-as-ecb-cuts-interest-rates-guides-grim-outlook/): EUR/USD faces selling pressure and declines to near 1.1340 during North American trading hours on Thursday. The major currency pair slides as the European Central Bank (ECB) has cut its key borrowing rates by 25 basis points (bps), as expected, pushing the Deposit Facility Rate and the Main Refinancing Operations Rate lower to 2.25% and … - [Gold corrects from new all-time highs as US makes progress in trade talks](https://todaymarkets.ae/gold-corrects-from-new-all-time-highs-as-us-makes-progress-in-trade-talks/): Gold price (XAU/USD) corrects to near $3,290 in Thursday’s North American session after hitting a fresh all-time high of $3,358 earlier in the day. The precious metal faces some profit-booking as meaningful progress in trade negotiations by the United States (US) with Japan and Mexico has offered some relief on fears of potential global economic turmoil. However, … - [A Mixed Open For U.S. Markets](https://todaymarkets.ae/a-mixed-open-for-u-s-markets/): The American stock market opens in mixed moods. Uncertainty in the market persists, and that doesn’t sit well with the markets. Reports from more U.S. companies point to an uncertain future, and forecasts include strongly conservative outlooks. At the time of publication, futures on major U.S. indices slightly reduce gains from earlier in the day. … - [Eli Lilly announced breakthrough results for its experimental weight-loss pill orforglipron](https://todaymarkets.ae/eli-lilly-announced-breakthrough-results-for-its-experimental-weight-loss-pill-orforglipron/): Eli Lilly announced breakthrough results for its experimental weight-loss pill orforglipron, which demonstrated effectiveness comparable to injectable treatments in a recent clinical trial. Shares surged following the news, positioning Lilly to potentially dominate the rapidly expanding obesity medication market. Patients in the 40-week trial lost approximately 16 pounds (7.9% of body weight) while taking orforglipron, outperforming the … - [EUR/USD Moves Lower on Fed Williams Comments on no Rate Cuts](https://todaymarkets.ae/eur-usd-moves-lower-on-fed-williams-comments-on-no-rate-cuts/): Federal Reserve’s John Williams said there’s no need to change interest rates any time soon, as current monetary policy is well positioned. He expects tariffs to push inflation higher this year while slowing growth, and sees GDP below 1% with unemployment rising to 4.5–5%. Despite market expectations of a rate cut, he noted there’s little … - [Stock of The Week - ASML](https://todaymarkets.ae/stock-of-the-week-asml/): ASML Holding (ASML.NL) shares faced significant pressure following its first-quarter earnings report, as the world’s dominant lithography equipment supplier navigates increasing uncertainty from U.S. tariff policies. The company’s quarterly bookings of €3.94 billion fell well short of analyst expectations of €4.82 billion, highlighting concerns about future demand amid growing trade tensions between the U.S. and … - [EUR/USD Undecided After U.S. Macro Data](https://todaymarkets.ae/eur-usd-undecided-after-u-s-macro-data/): 12:30 PM GMT, United States – Philadelphia Fed Report for April: 12:30 PM GMT, United States – Employment Data: 12:30 PM GMT, United States – Housing Starts for March: 12:30 PM GMT, United States – Building Permits for March: US market data is mixed. The job market remains strong, as confirmed by low weekly jobless claims. However, business concerns about the impact of Trump’s trade policy on the US economy … - [ECB Cuts Rates by 25bp](https://todaymarkets.ae/ecb-cuts-rates-by-25bp/): ECB Main Refinancing Rate: ECB Deposit Rate: ECB cut rates in line with market expectations. We see a small decline on EURUSD chart. The currency pair tests key support around 1.1346. Now the market is waiting for the conference after the decision, which will provide further details about ECB monetary policy in the nearest future … - [The Dow Down 1.3% Pressured by The 20% Crash of United Health Group Shares in Pre-Market](https://todaymarkets.ae/the-dow-down-1-3-pressured-by-the-20-crash-of-united-health-group-shares-in-pre-market/): Futures on the Dow Jones Industrial Average (US30) are down nearly 1.3% after one of the index’s largest constituents and the biggest health insurer in the U.S., UnitedHealth Group (UNH.US), saw its shares tumble almost 20% in pre-market trading. Disappointing guidance overshadows earnings In Q1 2025, UnitedHealth reported revenue of $109.6 billion, up $9.8 billion year-over-year … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-8/): The EURUSD has once again moderated its upward trend after a recent rally, as markets await today’s interest rate decision from the European Central Bank. A rate cut is widely expected, and the broader economic environment points toward further monetary easing. Still, there are no clear signs of a correction on the horizon, and the potential … - [Economic Calendar - All Eyes on The European Central Bank](https://todaymarkets.ae/economic-calendar-all-eyes-on-the-european-central-bank/): On Thursday, macroeconomics comes back into the limelight. After the unexpectedly high drop in energy prices in Germany, the session in Europe will be all about the European Central Bank’s policy decision, expected to lower all key interest rates by 25 bp. Investors will closely watch the ECB President’s press conference in the search of new … - [German PPI Goes Negative Unexpectedly](https://todaymarkets.ae/german-ppi-goes-negative-unexpectedly/): 06:00 AM GMT, Germany – Inflation Data for March: The lower-than-expected PPI reading was due to a significant drop in energy prices. With energy excluded, PPI would be up 1.4% MoM and 0.2% YoY. The biggest price increases were seen in capital goods (+1,9% MoM), machinery costs (+2%) and food (+2,9%). Nevertheless lower energy prices is a key “good … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XRP chart signals 27% jump after SEC-Ripple appeals pause and $50 million settlement ](https://todaymarkets.ae/xrp-chart-signals-27-jump-after-sec-ripple-appeals-pause-and-50-million-settlement/): Ripple (XRP) stabilised above $2.00, exemplifying a similar pattern to the largest cryptocurrency by market capitalisation, Bitcoin (BTC), which holds firmly above $84,000 at the time of writing on Thursday. The longstanding case between the Securities and Exchange Commission (SEC) and Ripple Labs is expected to drag on after a United States (US) appellate court granted a joint motion … - [AI takes nearly 60% of global venture capital Dollars in Q1: Pitchbook](https://todaymarkets.ae/ai-takes-nearly-60-of-global-venture-capital-dollars-in-q1-pitchbook/): Artificial intelligence startups received the lion’s share of venture capital investments across the globe in the first quarter of 2025, according to new data from Pitchbook. “Investors still have an AI FOMO [fear of missing out] problem,” the research firm said in an April 17 report, which revealed that 57.9% of global venture capital dollars … - [NZD/USD Extends rejection slide from 50% Fibo.; drops to 0.5900 neighbourhood](https://todaymarkets.ae/nzd-usd-extends-rejection-slide-from-50-fibo-drops-to-0-5900-neighbourhood/): The NZD/USD pair retreats from the vicinity of mid-0.5900s, or a fresh year-to-date high touched during the Asian session this Thursday, in reaction to stronger-than-expected consumer inflation figures from New Zealand. Spot prices drop to the 0.5900 neighbourhood in the last hour and for now, seem to have snapped a six-day winning streak amid a … - [XAG/USD moves below $32.50 due to easing trade concerns](https://todaymarkets.ae/xag-usd-moves-below-32-50-due-to-easing-trade-concerns/): Silver (XAG/USD) is trading around $32.30 per troy ounce during Thursday’s Asian session, paring some of its gains from the previous day. The precious metal is under pressure as global risk sentiment improves following US President Donald Trump’s announcement of exemptions for key technology products from newly proposed “reciprocal” tariffs. The exemptions, which cover smartphones, computers, … - [XAU bulls pause for a breather after the recent run up to a fresh record high](https://todaymarkets.ae/xau-bulls-pause-for-a-breather-after-the-recent-run-up-to-a-fresh-record-high/): Gold price (XAU/USD) consolidates the previous day’s blowout rally and oscillates in a range near the all-time high touched during the Asian session on Thursday amid mixed fundamental cues. The upbeat US Retail Sales data and Federal Reserve (Fed) Chair Jerome Powell’s hawkish comments on Wednesday assist the US Dollar (USD) to gain some positive traction. This, along with … - [WTI holds gains near $62.50 due to concerns over tighter global supply](https://todaymarkets.ae/wti-holds-gains-near-62-50-due-to-concerns-over-tighter-global-supply/): West Texas Intermediate (WTI) crude Oil price extends its gains for a second consecutive day, trading around $62.40 per barrel during Asian hours on Thursday. The rally is fuelled by concerns over tighter global supply following new US sanctions on Iran. On Wednesday, the Trump administration announced fresh sanctions targeting Iran’s Oil exports, including measures against … - [GBP/USD trades below 1.3250 after retreating from six-month highs](https://todaymarkets.ae/gbp-usd-trades-below-1-3250-after-retreating-from-six-month-highs/): GBP/USD snaps its seven-day winning streak, easing to around 1.3230 during Thursday’s Asian session after retreating from a six-month high of 1.3292 reached on Wednesday. Traders now await key US data releases later in the day, including Building Permits, Housing Starts, the Philly Fed Manufacturing Index, and weekly Initial Jobless Claims. The US Dollar Index (DXY) is trading … - [EUR/USD Softens to near 1.1350, over bought RSI condition eyed](https://todaymarkets.ae/eur-usd-softens-to-near-1-1350-over-bought-rsi-condition-eyed/): The EUR/USD pair attracts some sellers to around 1.1365 during the early European session on Thursday. Traders might prefer to wait on the sidelines ahead of the European Central Bank (ECB) interest rate decision later on Thursday. The ECB is widely anticipated to cut its key interest rate by 25 basis points (bps) at its April meeting, … - [USD/CHF holds gains near 0.8150, hovers near multi-year lows due to safe-haven demand](https://todaymarkets.ae/usd-chf-holds-gains-near-0-8150-hovers-near-multi-year-lows-due-to-safe-haven-demand/): The USD/CHF pair is attempting to recover from recent losses registered in the previous session, trading around 0.8160 during Thursday’s Asian hours. However, it remains close to the 0.8099 mark—its lowest level since September 2011, touched on April 11. The US Dollar (USD) continues to face headwinds as investor uncertainty persists due to the unpredictable nature of … - [AUD moves little following mixed employment figures](https://todaymarkets.ae/aud-moves-little-following-mixed-employment-figures/): The Australian Dollar (AUD) is trading lower against the US Dollar (USD), snapping a six-day winning streak. The AUD/USD pair remains under pressure following the release of Australia’s employment data on Thursday, which showed the Unemployment Rate rising to 4.1% in March, slightly below the market forecast of 4.2%. Meanwhile, Employment Change came in at 32.2K, against the consensus … - [JPY remains on the back foot against a broadly recovering USD](https://todaymarkets.ae/jpy-remains-on-the-back-foot-against-a-broadly-recovering-usd/): The Japanese Yen (JPY) retains its negative bias through the Asian session on Thursday against a broadly recovering US Dollar (USD) as a generally positive risk tone is seen undermining demand for traditional safe-haven assets. Any meaningful JPY depreciation, however, still seems elusive in the wake of the uncertainty surrounding US President Donald Trump’s tariff announcement, the … - [USD/INR rebounds on trade war worries ](https://todaymarkets.ae/usd-inr-rebounds-on-trade-war-worries/): The Indian Rupee (INR) loses ground on Thursday, snapping the five-day winning streak. A weakening Chinese Yuan amid the escalating trade war put pressure on most Asian currencies, including the Indian currency. A recovery in crude oil prices contributes to the INR’s downside as India is the world’s third-largest oil consumer.  Nonetheless, the optimism surrounding Indian stocks … - [EUR/JPY trades with positive bias above 162.00; lacks follow-through ahead of ECB](https://todaymarkets.ae/eur-jpy-trades-with-positive-bias-above-162-00-lacks-follow-through-ahead-of-ecb/): The EUR/JPY cross attracts buyers for the second straight day and climbs back above the 162.00 mark during the Asian session on Thursday. The intraday move higher is sponsored by the offered tone surrounding the Japanese Yen (JPY), though it is likely to remain capped as traders might opt to wait for the European Central Bank … - [Wheat Holds Gains into Wednesday’s Close](https://todaymarkets.ae/wheat-holds-gains-into-wednesdays-close/): The wheat markets posted Wednesday strength into the close across the three exchanges. Chicago SRW futures were up 5 to 6 cents across the nearbys. Kansas City HRW was 3 to 5 cents higher on the Wednesday session. MPLS spring wheat closed 1 to 3 cents in the green at the final bell. Export sales data released … - [Corn Posts Gains on Wednesday](https://todaymarkets.ae/corn-posts-gains-on-wednesday/): Corn futures closed the Wednesday session with contracts up 2 to 5 cents in most nearby contracts. The front month CmdtyView national average Cash Corn price was up 3 cents at $4.56 1/2. The markets will be off on Friday for Good Friday, with Thursday being the last trade day for the week.  Rains expected from the … - [Soybeans Closes with Gains on Wednesday](https://todaymarkets.ae/soybeans-closes-with-gains-on-wednesday/): Soybeans posted gains of 2 to 4 cents across most contracts on Wednesday. CmdtyView’s national front month Cash Bean price was up 3 cents at $9.87 3/4. Soymeal futures closed with $2.40 to $3.30/ton gains, as Soy Oil futures were up 15 to 24 points. The CME will be closed on Friday in observance of Good Friday, with a normal Thursday … - [Cotton Bounced Higher on Wednesday with Outside Support](https://todaymarkets.ae/cotton-bounced-higher-on-wednesday-with-outside-support/): Cotton futures posted Wednesday gains of 25 to 71 points. The outside markets were supportive, as crude oil futures were up $1.29/barrel on the day, with the US dollar index back down $0.922 to $99.143. The markets will be closed on Friday in observance of Good Friday. The Seam reported 4,340 cash bales sold on 4/15, … - [Dollar Weakness Fuels Short Covering in Sugar Futures](https://todaymarkets.ae/dollar-weakness-fuels-short-covering-in-sugar-futures/): May NY world sugar #11 (SBK25) Wednesday closed up +0.34 (+1.94%), and August London ICE white sugar #5 (SWQ25) closed up +7.20 (+1.47%). Sugar prices Wednesday rose moderately as a weaker dollar (DXY00) sparked short-covering in sugar futures.  Sugar prices have been on the defensive this week, with NY sugar posting a 2-1/2 year nearest-futures … - [Short Covering Pushes Cocoa Prices Higher](https://todaymarkets.ae/short-covering-pushes-cocoa-prices-higher/): May ICE NY cocoa (CCK25) Wednesday closed up +94 (+1.17%), and May ICE London cocoa #7 (CAK25) closed up +52 (+0.90%). Cocoa prices recovered from early losses on Wednesday and settled moderately higher as a weaker dollar (DXY00) sparked short covering in cocoa futures.   Last Wednesday, NY cocoa fell to a 4-week low, and … - [Below Normal Rain in Brazil Supports Coffee Prices](https://todaymarkets.ae/below-normal-rain-in-brazil-supports-coffee-prices/): May arabica coffee (KCK25) Wednesday closed up +6.65 (+1.80%), and May ICE robusta coffee (RMK25) closed up +15 (+0.28%). Coffee prices on Wednesday extended this week’s rally, with arabica coffee posting a 1-1/2 week high and robusta posting a 2-1/2 week high.  Coffee prices are climbing as below-normal rain in Brazil may hurt coffee yields. … - [WTI Moved Lower on Higher Than Expected Crude Inventories](https://todaymarkets.ae/wti-moved-lower-on-higher-than-expected-crude-inventories/): 02:30 PM GMT, United States – EIA Data: Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [Bank of Canada Holds Rate Unchanged](https://todaymarkets.ae/bank-of-canada-holds-rate-unchanged/): Bank of Canada maintained interest rates at 2.75% level, in line with expectations. Bank of Canada Rate Decision – Key Points USDCAD dropped after BoC decision. The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. … - [USD/CAD - Technical Analysis](https://todaymarkets.ae/usd-cad-technical-analysis/): The USDCAD currency pair has been in a downward trend since the beginning of March. Looking at the chart in terms of the Overbalance methodology, two geometries should be marked. The first – larger, marked in red, and the second marked in green. During today’s session, the rate bounced off the smaller geometry, which is … - [Shares of US global car rental company Hertz (HTZ1.US) surge almost 20%](https://todaymarkets.ae/shares-of-us-global-car-rental-company-hertz-htz1-us-surge-almost-20/): Shares of US global car rental company Hertz (HTZ1.US) surge almost 20% as Bill Ackman’s Pershing Square disclosed a significant position in the company. The activist investment firm bought 12.7 million shares valued at about $46.5 million at the time of the purchase, according to the filling published Wednesday, becoming one of Hertz’s largest shareholders. Hertz … - [U.S. Retail Sales in line With Expectations](https://todaymarkets.ae/u-s-retail-sales-in-line-with-expectations/): US Retail Sales MoM: 1.4% (Forecast 1.4%, Previous 0.2%) US30 almost ‘ignored’ retail sales reading which came almost in line with market expectations. Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All … - [EUR/GBP Recommendation From Credit Agricole](https://todaymarkets.ae/eur-gbp-recommendation-from-credit-agricole-3/): Credit Agricole has issued a recommendation for the EURGBP currency pair. Credit Agricole recommends taking a short position on the EURGBP pair on the following conditions: Entry (market): 0.8607Target price: 0.8387Stop loss: 0.8800 Credit Agricole recommends taking a short position on EURGBP at the market price with a take profit order at 0.8387 and a … - [TSMC Q1 2025 Earnings Preview](https://todaymarkets.ae/tsmc-q1-2025-earnings-preview/): As Taiwan Semiconductor Manufacturing Company (TSM.US) prepares to release its first-quarter earnings on Thursday, April 17, 2025, investors are keenly focused on how the chip manufacturing giant will address growing trade tensions while capitalizing on continued strong AI-driven demand. Key Performance Expectations Earnings vs Expectations. Source: Bloomberg L.P. AI-Driven Growth Continues TSMC’s advanced manufacturing processes … - [USD/CAD - Recommendation From Credit Agricole](https://todaymarkets.ae/usd-cad-recommendation-from-credit-agricole/): Crédit Agricole has issued a recommendation for the USDCAD currency pair. Crédit Agricole recommends taking a long position on the pair with the following levels: Crédit Agricole recommends taking a long position on USDCAD at the market price with a target of 1.4149 and a Stop Loss order at 1.3600. Source: xStation 5 The material … - [Inline Eurozone CPI Sees Eur/usd Muted](https://todaymarkets.ae/inline-eurozone-cpi-sees-eur-usd-muted/): 10:00 AM GMT, Euro Zone – Inflation Data for March: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you … - [Nvidia Plummets 6% Ahead of Wall Street Open](https://todaymarkets.ae/nvidia-plummets-6-ahead-of-wall-street-open/): Nvidia (NVDA.US) shares have surged nearly 25% from the early April lows, but today they are down almost 6% in pre-market trading in the U.S. The decline is driven by costly new export restrictions on the company’s chips bound for China.In addition to Nvidia, several other semiconductor stocks are also trading lower by a few percent, … - [US Dollar Index falls below 99.50 due to eroding investor confidence](https://todaymarkets.ae/us-dollar-index-falls-below-99-50-due-to-eroding-investor-confidence/): The US Dollar Index (DXY), which measures the US Dollar (USD) against a basket of six major currencies, declined after gaining in the previous session, trading near 99.50 during Wednesday’s European hours. The Greenback faces headwinds due to eroding investor confidence in US assets amid escalating US-China trade tensions. Late Tuesday, Bloomberg reported that US President Donald … - [Chart of The Day - XAU/USD](https://todaymarkets.ae/chart-of-the-day-xau-usd-2/): Gold gains nearly 2% today, hitting new all-time highs at $3,295 per ounce. The metal is supported by very strong fundamentals, including ongoing uncertainty in global equity markets, concerns over economic growth in the U.S., Asia, and Europe, as well as the escalation of the trade war. GOLD chart (Daily Interval) Gold is trading at record … - [WTI drops to near $60.00 as US-China trade dispute continues to weigh on energy demand](https://todaymarkets.ae/wti-drops-to-near-60-00-as-us-china-trade-dispute-continues-to-weigh-on-energy-demand/): West Texas Intermediate (WTI) Oil price continues its decline for the third consecutive session, losing over 1.00% and trading near $60.30 per barrel during early European hours on Wednesday. The drop in crude Oil prices reflects growing uncertainty caused by shifts in US tariff policies, as traders assess the economic ramifications of the ongoing US-China trade … - [Economic Calendar - U.S. Retail Sales And Bank of Canada Interest Rate Decision](https://todaymarkets.ae/economic-calendar-u-s-retail-sales-and-bank-of-canada-interest-rate-decision/): Market sentiment today suggests mounting downward pressure and concerns over the trade war. The U.S. dollar is sharply weakening, with USD Index futures (USDIDX) pulling back by 0.7%, pushing EURUSD nearly 0.9% higher, above the 1.13 level. Gold is benefiting from the uncertainty, gaining nearly 2% and approaching $3,300 per ounce. The economic calendar is … - [GBP/JPY Bearish outlook remains intact below 189.00](https://todaymarkets.ae/gbp-jpy-bearish-outlook-remains-intact-below-189-00/): The GBP/JPY cross attracts some sellers to around 188.80 during the early European session on Wednesday. The Pound Sterling (GBP) weakens against the Japanese Yen (JPY) after the UK Consumer Price Index (CPI) inflation report. The UK Consumer Price Index (CPI) rose 2.6% YoY to March, an easing from the 2.8% increase in February, according to the … - [Nasdaq Futures Down 2%](https://todaymarkets.ae/nasdaq-futures-down-2/): Futures on Nasdaq slide as Nvidia drops 6% due to chip exports, ASML reports weak results while trade-war escalate🗽 Weak order data from ASML and export restrictions targeting Nvidia are weighing on Wall Street futures. US100 futures, which represent tech-heavy companies listed on the Nasdaq exchange, have come under strong downward pressure now losing more than … - [USD/CHF drops to mid-0.8100s, back closer to multi-year low on weaker USD](https://todaymarkets.ae/usd-chf-drops-to-mid-0-8100s-back-closer-to-multi-year-low-on-weaker-usd/): The USD/CHF pair attracts fresh sellers during the Asian session on Wednesday and erodes a major part of the previous day’s modest recovery gains. Spot prices drop back closer to mid-0.8100s in the last hour and remain well within striking distance of a ten-year low touched last Friday amid a broadly weaker US Dollar (USD). In fact, … - [Gold price approaches $3,300 mark amid persistent safe-haven demand](https://todaymarkets.ae/gold-price-approaches-3300-mark-amid-persistent-safe-haven-demand/): Gold price (XAU/USD) continues scaling new record highs through the Asian session on Wednesday and has now moved well within striking distance of the $3,300 round-figure mark. Persistent worries about the escalating US-China trade war and US recession fears amid the ongoing US tariff chaos continue to boost demand for the safe-haven bullion. Furthermore, rising … - [Breaking: UK CPI inflation eases to 2.6% YoY in March vs. 2.7% expected](https://todaymarkets.ae/breaking-uk-cpi-inflation-eases-to-2-6-yoy-in-march-vs-2-7-expected/): The United Kingdom (UK) annual headline Consumer Price Index (CPI) rose 2.6% in March after increasing 2.8% in February, the data released by the Office for National Statistics (ONS) showed on Wednesday.  The market expectations was for a 2.7% growth in the reported period. The reading remained well above the Bank of England’s (BoE) 2% target. The … - [Good Morning Traders](https://todaymarkets.ae/good-morning-traders-3/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Bitcoin, Ethereum, Ripple: BTC struggles for a breakout while ETH and XRP extend losses ](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-struggles-for-a-breakout-while-eth-and-xrp-extend-losses/): Bitcoin (BTC) price is stabilizing around $83,500 on Wednesday after it faced multiple rejections around its 200-day EMA at $85,000; a breakout indicates a bullish trend. Ethereum (ETH) and Ripple (XRP) extended their losses after facing resistance around their key levels. Bitcoin struggles to break out above the $85,000 resistance zone  Bitcoin has faced multiple rejections around … - [WTI drifts lower below $61.00 amid uncertainty on Trump trade war](https://todaymarkets.ae/wti-drifts-lower-below-61-00-amid-uncertainty-on-trump-trade-war/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.80 during the early Asian session on Wednesday. The WTI price remains on the defensive as traders continue to assess the latest headlines on US President Donald Trump’s tariff.  The Organization of the Petroleum Exporting Countries (OPEC) lowered its demand forecast on Monday due to the … - [XAG/USD edges higher to near $32.50 due to safe-haven demand](https://todaymarkets.ae/xag-usd-edges-higher-to-near-32-50-due-to-safe-haven-demand/): Silver price (XAG/USD) is inching higher after recent losses, trading around $32.30 per troy ounce during Wednesday’s Asian session. The uptick comes as lingering uncertainty over US trade policy continues to fuel safe-haven demand for the precious metal. A weaker US Dollar (USD) is also supporting Silver prices, making the dollar-denominated asset more attractive to … - [JPY adds to intraday gains amid trade jitters; USD/JPY slides closer to mid-142.00s](https://todaymarkets.ae/jpy-adds-to-intraday-gains-amid-trade-jitters-usd-jpy-slides-closer-to-mid-142-00s/): The Japanese Yen (JPY) builds on its intraday ascent through the Asian session on Wednesday as persistent trade jitters continue to drive flows towards traditional safe-haven assets. The JPY draws additional support from the upbeat domestic data, which showed that Japan’s core machinery orders rebounded sharply in February and surpassed market expectations. Furthermore, hopes for … - [NZD/USD attracts some buyers above 0.5900 as China’s economy grows 5.4% YoY in Q1](https://todaymarkets.ae/nzd-usd-attracts-some-buyers-above-0-5900-as-chinas-economy-grows-5-4-yoy-in-q1/): The NZD/USD pair holds positive ground around 0.5905 during the Asian trading hours on Wednesday. The Kiwi strengthens against the US Dollar (USD) after the upbeat Chinese economic data. Traders will shift their attention to the US March Retail Sales and the speech of Federal Reserve (Fed) Chair Jerome Powell on Wednesday. Data released by the National Bureau of Statistics of China … - [AUD/JPY keeps the red below mid-90.00s after mostly upbeat Chinese macro data](https://todaymarkets.ae/aud-jpy-keeps-the-red-below-mid-90-00s-after-mostly-upbeat-chinese-macro-data/): The AUD/JPY cross drifts lower during the Asian session on Wednesday and moves away from over a one-week high, around the 91.40 region touched the previous day. Spot prices stick to negative bias below the mid-90.00s and move little in reaction to mostly upbeat Chinese macro releases. The official data published by the National Bureau … - [GBP/USD extends rally to fresh six-month highs near 1.3250 ahead of UK CPI data](https://todaymarkets.ae/gbp-usd-extends-rally-to-fresh-six-month-highs-near-1-3250-ahead-of-uk-cpi-data/): The GBP/USD pair continues its winning streak that began on April 8, trading around 1.3250 during Wednesday’s Asian session. Earlier in the day, it touched a fresh six-month high at 1.3256. The pair has maintained strong momentum, boosted by improved global risk sentiment after US President Donald Trump announced exemptions for key technology products from his … - [USD/INR weakens ahead of US Retail Sales release, Fed’s Powell speech](https://todaymarkets.ae/usd-inr-weakens-ahead-of-us-retail-sales-release-feds-powell-speech/): The Indian Rupee (INR) trades in positive territory for the fifth consecutive day on Wednesday. The weakening of the US Dollar (USD) and the extended decline in crude oil prices eased the Indian currency’s losses. It’s worth noting that India is the world’s third-largest oil consumer, and lower crude oil prices tend to have a positive impact on the … - [UK CPI set for a slight decline in March, reinforcing BoE easing expectations](https://todaymarkets.ae/uk-cpi-set-for-a-slight-decline-in-march-reinforcing-boe-easing-expectations/): The United Kingdom’s (UK) Consumer Price Index (CPI) data for March will be published by the Office for National Statistics (ONS) on Wednesday at 06:00 GMT. The UK CPI inflation report could significantly impact the market’s expectations for the Bank of England’s (BoE) future interest rate cuts, which could trigger a big reaction in the … - [Q1 2025 Results J&J Surprise But, Shares Decline](https://todaymarkets.ae/q1-2025-results-jj-surprise-but-shares-decline/): Despite posting stronger-than-expected first-quarter earnings, Johnson & Johnson (JNJ.US) failed to win over investors. The stock slipped slightly on Tuesday, reflecting broader concerns around potential drug tariffs and ongoing legal challenges. Shares fell nearly 1% in premarket trading to around $153, while S&P 500 and Nasdaq futures traded flat—highlighting that the market is no longer … - [Stock Watch - Visa's Figures Have Performed Solidly](https://todaymarkets.ae/stock-watch-visas-figures-have-performed-solidly/): Everyone knows and uses Visa (V.US) cards. However, few understand how the payment process works and which companies are involved. Most importantly, they don’t consider that Visa may be one of the world’s most competitive companies. But beware, because investors do know Visa’s quality, and its shares are already trading at high multiples. Are Visa shares expensive or … - [Commodities - Oil, Gold, Natgas And Copper](https://todaymarkets.ae/commodities-oil-gold-natgas-and-copper/): Crude Oil: Goldman Sachs, in its latest report, expects a lower trading range for Brent crude of $59–63 per barrel this year and $55–58 per barrel in 2025. OPEC+ has announced a production increase of 138k bpd starting in April and 411k bpd in May. Donald Trump made positive comments about nuclear talks with Iran, … - [Cocoa Tumbles 4%](https://todaymarkets.ae/cocoa-tumbles-4/): 📌Cocoa futures retreat amid rainfall forecasts and weak data suggesting demand woes ICE-traded cocoa futures (COCOA) are down nearly 4% today, pressured by rainfall forecasts in Brazil and Asia and weak bean grinding data that have sparked demand concerns across the market. The collapse in cocoa processing in Malaysia by 15% in Q1 2025 (according to … - [Boeing's dark days may not be over yet](https://todaymarkets.ae/boeings-dark-days-may-not-be-over-yet/): OPEC has revised its forecast for global oil demand growth in 2025, citing escalating trade tensions and weaker-than-expected economic indicators. The new forecast calls for an increase of 1.3 million barrels per day, 150,000 barrels less than previously estimated. Similarly, the IEA has lowered its forecast by 300,000 bpd.  Against this backdrop, oil prices will … - [Nat-Gas Prices Recover as US Weather Forecasts Cool](https://todaymarkets.ae/nat-gas-prices-recover-as-us-weather-forecasts-cool/): May Nymex natural gas (NGK25) on Tuesday closed up by +0.004 (+0.12%). May nat-gas prices on Tuesday recovered from a 2-1/4 month low and settled slightly higher.  Short covering emerged in nat-gas futures Tuesday when forecaster Atmospheric G2 said that forecasts shifted cooler for the central and eastern US for April 20-24, which should boost … - [Energy Demand Concerns Undercut Crude Prices](https://todaymarkets.ae/energy-demand-concerns-undercut-crude-prices/): May WTI crude oil (CLK25) Tuesday closed down -0.20 (-0.33%), and May RBOB gasoline (RBK25) closed up +0.0022 (+0.11%). Crude oil and gasoline prices on Tuesday settled mixed.  Tuesday’s stronger dollar weighed on crude prices.   Also, Tuesday’s action by the International Energy Agency (IEA) to cut its global crude demand forecast is negative for … - [Corn Closes Mixed, as New Crop Bids Up](https://todaymarkets.ae/corn-closes-mixed-as-new-crop-bids-up/): The corn market posted mixed trade, as the recent bull spreads unwind. Nearbys were down 3 to 4 cents at the close, with new crop December up 2 ¼ cents. The May-December corn spread is down to 17 cents, after being over 30 cents on Friday. The front month CmdtyView national average Cash Corn price is down … - [Wheat Weakness Extends into Tuesday’s Close](https://todaymarkets.ae/wheat-weakness-extends-into-tuesdays-close/): The wheat complex posted extended weakness on Tuesday, with contracts down across the three markets. Chicago SRW futures closed with losses of 5 to 6 cents on the Tuesday session. Kansas City HRW posted losses of 1 to 3 cents at the final bell. MPLS spring wheat was down 3 to 4 cents in the nearby contracts … - [Soybean Posts Mixed Trade, as New Crop Holds Up](https://todaymarkets.ae/soybean-posts-mixed-trade-as-new-crop-holds-up/): The soybean market closed with mixed action on Tuesday, as front months were down 3 to 6 cents. New crop November was up 1 ¼ cents. CmdtyView’s national front month Cash Bean price was down 6 cents at $9.83. Soymeal futures posted losses of 30 cents to $2.90/ton, with Soy Oil futures were back up 60 to 101 points. US soybeans … - [Cotton Posts Strength](https://todaymarkets.ae/cotton-posts-strength/): Cotton futures saw a Turnaround Tuesday bounce, to close out the session 66 to 99 points higher. Crude oil futures are down 9 cents/barrel. The US dollar index was back up $0.503 to $99.900. Weekly Crop Progress data showed the US cotton crop at 5% planted, which is behind the 3% average pace at 8%. Only … - [Sugar Prices Sink on the Outlook for Ample Monsoon Rains in India](https://todaymarkets.ae/sugar-prices-sink-on-the-outlook-for-ample-monsoon-rains-in-india/): May NY world sugar #11 (SBK25) Tuesday closed down -0.35 (-1.96%), and May London ICE white sugar #5 (SWK25) closed down -14.30 (-2.71%). Sugar prices retreated Tuesday, with NY sugar posting a 2-1/2 year nearest-futures low and London sugar posting a 2-3/4 month low.  The outlook for abundant rain in India that leads to a … - [Cocoa Prices Retreat on Slack Demand](https://todaymarkets.ae/cocoa-prices-retreat-on-slack-demand/): May ICE NY cocoa (CCK25) Tuesday closed down -245 (-2.97%), and May ICE London cocoa #7 (CAK25) closed down -183 (-3.06%). Cocoa prices on Tuesday settled moderately lower and added to Monday’s losses on signs of weak cocoa demand.  Malaysia reported a -15.3% y/y decline in Q1 cocoa processing to 84.192 MT on Monday, and … - [Coffee Prices Settle Higher on Supply Fears](https://todaymarkets.ae/coffee-prices-settle-higher-on-supply-fears/): May arabica coffee (KCK25) Tuesday closed up +9.00 (+2.50%), and May ICE robusta coffee (RMK25) closed up +110 (+2.09%). Coffee prices on Tuesday added to Monday’s gains and posted 1-week highs.  Below-normal rain in Brazil may hurt coffee yields and is bullish for prices after Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing … - [German ZEN Economic Sentiment Lower Than Expected](https://todaymarkets.ae/german-zen-economic-sentiment-lower-than-expected/): 10:00 AM GMT, Germany – German ZEW Economic Sentiment for April: 10:00 AM GMT, Germany – German ZEW Current Conditions for April: The German ZEW Economic Sentiment came in lower than expected. However, the decline in Current Conditions was smaller than forecast and dropped to -81.2 points. EURUSD remains muted following the publication, as investors focus on possible EU-US negotiations. The material on … - [Chart of The Day - AUDUSD](https://todaymarkets.ae/chart-of-the-day-audusd/): The Reserve Bank of Australia (RBA) today released the minutes of its April monetary policy meeting, which showed that members of the financial institution agreed that the May meeting would be a good opportunity to reconsider the current economic backdrop and possibly adjust interest rates. Policymakers highlighted rising global risks from the US tariff changes … - [Economic Calendar - CPI Data From The EU And U.S. - Citi Group And Bank of America Earnings](https://todaymarkets.ae/economic-calendar-cpi-data-from-the-eu-and-u-s-citi-group-and-bank-of-america-earnings/): Tuesday’s session in financial markets begins with relative gains in the main stock indices. Markets in Asia are seeing a further rebound after Wall Street closed higher yesterday. Futures currently indicate a relatively flat opening in Europe and the US today. The US100 is down 0.1%, while the German DE40 is down 0.06%. The economic … - [UK Unemployment Rate stays at 4.4% in the quarter to February as expected](https://todaymarkets.ae/uk-unemployment-rate-stays-at-4-4-in-the-quarter-to-february-as-expected/): The United Kingdom’s (UK) ILO Unemployment Rate held steady at 4.4% in the three months to February, data published by the Office for National Statistics (ONS) showed on Thursday. The market forecast was for a 4.4% reading in the reported period. Additional details of the report showed that the number of people claiming jobless benefits increased … - [The Market Update](https://todaymarkets.ae/the-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD remains below $32.50, support appears at 50-day EMA](https://todaymarkets.ae/xag-usd-remains-below-32-50-support-appears-at-50-day-ema/): Silver price (XAG/USD) continues to show strength for the fifth consecutive session, trading around $32.30 per troy ounce during the Asian session on Tuesday. The technical analysis of the daily chart suggests a growing bullish trend, with the grey metal moving upward within an ascending channel pattern. Silver price remains above both the nine-day and 50-day Exponential Moving Averages (EMAs), … - [NZD/USD advances to fresh YTD peak, around 0.5930 area amid broadly weaker USD](https://todaymarkets.ae/nzd-usd-advances-to-fresh-ytd-peak-around-0-5930-area-amid-broadly-weaker-usd/): The NZD/USD pair builds on the previous day’s breakout momentum beyond the 200-day Simple Moving Average (SMA) and gains strong follow-through positive traction for the fifth successive day on Tuesday. The momentum lifts spot prices to the 0.5925-0.5930 region, or a fresh year-to-date high during the Asian session, and is sponsored by the underlying bearish … - [Crypto AI tokens to watch after Nvidia’s and OpenAI’s latest moves: RNDR, ICP and SEI price analysis](https://todaymarkets.ae/crypto-ai-tokens-to-watch-after-nvidias-and-openais-latest-moves-rndr-icp-and-sei-price-analysis/): The crypto AI sector is down 5% on Monday, but top-ranked assets including Render Network, SEI and Bittensor are still posting gains on the seven-day time frame. While traders appear to be taking profits after the late rally last week, fresh news catalyst from Open AI could spark another leg-up in the week ahead.  Crypo … - [Dogecoin and Bitcoin Cash Price: Funding rates decrease indicate weakness in DOGE and BCH](https://todaymarkets.ae/dogecoin-and-bitcoin-cash-price-funding-rates-decrease-indicate-weakness-in-doge-and-bch/): Dogecoin (DOGE) and Bitcoin Cash (BCH) registered 3% and 8% losses on Tuesday following increased selling pressure from the futures market. The decline comes amid large-cap cryptos like Bitcoin (BTC), Ether (ETH) and XRP, holding still with slight gains. Dogecoin derivative and spot markets indicate divergence in investor sentiment The decline in Dogecoin appears to have stemmed … - [USD/CHF edges lower to near 0.8200 despite easing trade-war jitters](https://todaymarkets.ae/usd-chf-edges-lower-to-near-0-8200-despite-easing-trade-war-jitters/): USD/CHF halts its two-day winning streak, trading around 0.8210 during the Asian hours on Monday. The pair’s depreciation is attributed to the US Dollar (USD) pullback after posting around 0.50% gains on Friday. The Greenback received support from stronger-than-expected United States (US) labor market data for May, raising expectations that the Federal Reserve (Fed) will keep its … - [GBP/USD trades with positive bias around 1.3530-1.3535 area, lacks bullish conviction](https://todaymarkets.ae/gbp-usd-trades-with-positive-bias-around-1-3530-1-3535-area-lacks-bullish-conviction/): The GBP/USD pair edges higher during the Asian session on Monday and for now, seems to have stalled its retracement slide from the highest level since February 2022, around the 1.3615 region touched last week. The uptick, however, lacks bullish, with spot prices currently trading around the 1.3530-1.3535 region, up only 0.05% for the day. … - [EUR/USD hovers around 1.1400, eyes on US-China trade talks](https://todaymarkets.ae/eur-usd-hovers-around-1-1400-eyes-on-us-china-trade-talks/): EUR/USD holds steady after registering losses in the previous session, trading around 1.1400 during the Asian hours on Monday. The pair faced challenges as the US Dollar (USD) received support from Friday’s stronger-than-expected United States (US) jobs data for May, which raised the odds of the Federal Reserve (Fed) keeping its benchmark interest rate steady at its next two monetary … - [USD/INR trades cautiously ahead of US-China trade talks](https://todaymarkets.ae/usd-inr-trades-cautiously-ahead-of-us-china-trade-talks/): The Indian Rupee ticks up against the US Dollar (USD) to near 85.70 during the Asian session on Monday. The pair edges lower as the US Dollar starts the week on a frail note, with investors focusing on trade negotiations between the United States (US) and China in London later in the day. The US Dollar Index (DXY), which … - [US Dollar Index Trades around 99.00 after pulling back from nine-day EMA](https://todaymarkets.ae/us-dollar-index-trades-around-99-00-after-pulling-back-from-nine-day-ema/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent gains from the previous session and trading around 99.00 during the Asian hours on Monday. The bearish bias seems persistent, suggested by the technical analysis of the daily chart, which shows the index remaining within … - [NZD/USD holds positive ground, China CPI falls in May](https://todaymarkets.ae/nzd-usd-holds-positive-ground-china-cpi-falls-in-may/): The NZD/USD pair attracts some buyers to around 0.6035 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) strengthens against the Greenback after the Chinese inflation data. Traders will closely monitor trade talks between the US and China later on Monday. Data released by the National Bureau of Statistics of China on Monday showed that the … - [XAG/USD rises above $36.00 on economic uncertainty, industrial demand](https://todaymarkets.ae/xag-usd-rises-above-36-00-on-economic-uncertainty-industrial-demand/): The Silver (XAG/USD) price trades in positive territory around $36.00 during the Asian session on Monday. The white metal edges higher despite the stronger-than-expected US employment data for May.  Later on Monday, investors will closely watch the developments surrounding US-China trade talks. Geopolitical and economic uncertainty could provide some support to the Silver price as investors seek … - [JPY sticks to Japan’s Q1 GDP-inspired gains against a broadly weaker USD](https://todaymarkets.ae/jpy-sticks-to-japans-q1-gdp-inspired-gains-against-a-broadly-weaker-usd/): The Japanese Yen (JPY) sticks to its Asian session gains led by an upward revision of Japan’s Q1 GDP print, which reaffirmed bets that the Bank of Japan (BoJ) will continue raising interest rates. This, along with the emergence of some US Dollar (USD) selling, drags the USD/JPY pair below mid-144.00s at the start of … - [USD/CAD remains below 1.3700 due to US Dollar pullback, US-China discussion awaited](https://todaymarkets.ae/usd-cad-remains-below-1-3700-due-to-us-dollar-pullback-us-china-discussion-awaited/): USD/CAD retraces its gains from the previous session, trading around 1.3680 during the Asian hours on Monday. The pair edges lower as the US Dollar (USD) corrects downward after registering approximately 0.50% gains on Friday following United States (US) jobs data for May. The stronger-than-expected data raised the chances that the Federal Reserve (Fed) will keep its benchmark interest rate … - [WTI retreats from multi-week top, slides to $63.80-$63.75 ahead of US-China trade talks](https://todaymarkets.ae/wti-retreats-from-multi-week-top-slides-to-63-80-63-75-ahead-of-us-china-trade-talks/): West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a softer note and erode a part of Friday’s strong gains to levels just above the $64.00 mark, or the highest since April 23. The commodity currently trades around the $63.80 zone, down over 0.40% for the day, though the downside seems … - [Australian Dollar rises as China’s Trade Surplus expands in May](https://todaymarkets.ae/australian-dollar-rises-as-chinas-trade-surplus-expands-in-may/): The Australian Dollar (AUD) edges higher against the US Dollar on Monday, recovering its losses from the previous session. The AUD/USD pair remains stronger following the release of China’s key economic data. Any economic update from China could impact AUD as China and Australia are close trade partners. The National Bureau of Statistics of China … - [Nonfarm Payrolls set to show US labor market weakened in May as tariff policy weighs](https://todaymarkets.ae/nonfarm-payrolls-set-to-show-us-labor-market-weakened-in-may-as-tariff-policy-weighs/): Nonfarm Payrolls (NFP), one of the most high-impact economic data releases in the United States (US), is expected to show a further cooling of the jobs market. The main question surrounding the report is whether it will show that labor market conditions are healthy enough for the Federal Reserve (Fed) to continue to wait before … - [XAG/USD maintains position above $36.00 near multi-year highs](https://todaymarkets.ae/xag-usd-maintains-position-above-36-00-near-multi-year-highs/): Silver price (XAG/USD) remains stronger for the second successive session, maintaining its position near the highest level since February 2012. The price of the grey metal is trading around $36.00 per troy ounce during the Asian hours on Friday. The prices of precious metals, including Silver, surge as safe-haven demand increases amid soft economic data … - [Gold price trades with positive bias below $3,400, multi-week top ahead of US NFP](https://todaymarkets.ae/gold-price-trades-with-positive-bias-below-3400-multi-week-top-ahead-of-us-nfp/): Gold price (XAU/USD) attracts some dip-buying during the Asian session on Friday and reverses a part of the previous day’s retracement slide from levels just above the $3,400 mark or over a four-week peak. The commodity, however, remains confined in a multi-day-old range as traders seem reluctant to place aggressive bets and opt to wait … - [USD/CAD trades cautiously near 1.3650 ahead of US/Canada employment data](https://todaymarkets.ae/usd-cad-trades-cautiously-near-1-3650-ahead-of-us-canada-employment-data/): The USD/CAD pair strives to hold an almost eight-month low of 1.3635 during Friday’s Asian trading session, posted the previous day. The Loonie pair is expected to remain on the sidelines, with investors awaiting the official labor market data from the United States (US) and Canada for May, which will be published at 12:30 GMT. The US Nonfarm Payrolls … - [AUD falls, downside seems limited amid market caution ahead US NFP](https://todaymarkets.ae/aud-falls-downside-seems-limited-amid-market-caution-ahead-us-nfp/): The Australian Dollar (AUD) declines against the US Dollar (USD) on Friday. The AUD/USD pair may remain stable amid market caution, as traders await the upcoming US Nonfarm Payrolls (NFP) report, due later in the day, seeking fresh insights into the United States (US) economy. Market sentiment improved following a productive phone call between US President Donald … - [GBP/USD hovers above 1.3550 ahead of US Nonfarm Payrolls](https://todaymarkets.ae/gbp-usd-hovers-above-1-3550-ahead-of-us-nonfarm-payrolls/): GBP/USD maintains its position near 1.3616, the highest since February 2022, which was recorded on June 5. At the time of writing, the pair is trading around 1.3570, with little moves ahead of labor market data from the United States (US). The US Dollar Index (DXY), which measures the value of the US Dollar against six major currencies, is … - [JPY sticks to disappointing domestic data-inspired losses against a recovering USD](https://todaymarkets.ae/jpy-sticks-to-disappointing-domestic-data-inspired-losses-against-a-recovering-usd/): The Japanese Yen (JPY) sticks to modest intraday losses led by the disappointing release of Japan’s Household Spending data released earlier this Friday. Adding to this, the optimism over the resumption of US-China trade talks and a positive risk tone turn out to be other factors undermining demand for the safe-haven JPY. This, along with … - [Cattle Rally as Cash Strength Continues](https://todaymarkets.ae/cattle-rally-as-cash-strength-continues/): Live cattle futures were up another $3.37 to $4.50, as cash strength continues. Cash trade saw action increase to $230 sales in the South. North action has been quiet, with a few whispers of $240. Feeder cattle futures were rallying on Thursday, with contracts up $4.80 to $5.27. The CME Feeder Cattle Index was up … - [Crude Prices Settle Higher on Dollar Weakness and US-China Trade Optimism](https://todaymarkets.ae/crude-prices-settle-higher-on-dollar-weakness-and-us-china-trade-optimism/): July WTI crude oil (CLN25) Thursday closed up +0.52 (+0.83%), and July RBOB gasoline (RBN25) closed up +0.0289 (+1.42%). Crude oil and gasoline prices settled higher on Thursday, with crude posting a 2-week high.  Thursday’s slump in the dollar index (DXY00) to a 6-week low is supporting gains in energy prices.  Also, hopes that US-China … - [Nat-Gas Prices Fall as Weekly EIA Inventories Climb More Than Expected](https://todaymarkets.ae/nat-gas-prices-fall-as-weekly-eia-inventories-climb-more-than-expected-2/): July Nymex natural gas (NGN25) on Thursday closed down by -0.039 (-1.05%). July nat-gas prices on Thursday retreated from a 1-week high and closed lower after weekly EIA nat-gas inventories rose more than expected.  The EIA reported Thursday that nat-gas inventories rose +122 bcf for the week ended May 30, above expectations of +113 bcf … - [Soybeans Rally on Easing Trade Tensions](https://todaymarkets.ae/soybeans-rally-on-easing-trade-tensions/): Soybeans were strengthening on Thursday, as contracts were up 6 to 9 cents across most months following a call between President Trump and China’s President Xi. Contracts are up 7 to 9 cents. The cmdtyView Cash Bean price is up 9 cents to $10.09. Soymeal futures were steady to $2.40/ton higher, as Soy Oil were down 1 to 16 points in … - [Wheat contracts are sticking close to unchanged](https://todaymarkets.ae/wheat-contracts-are-sticking-close-to-unchanged/): Wheat is mixed at midday, as most contracts are sticking close to unchanged on Thursday. Chicago SRW futures posted gains of 2 to 3 cents across most contracts. Kansas City HRW contracts were up 1 to 2 cents in the nearbys on Thursday. Minneapolis spring wheat futures were mixed, with July up 1 ¾ cents … - [Corn futures up ¾ cent and other contracts 3 to 5 cents in the green](https://todaymarkets.ae/corn-futures-up-%c2%be-cent-and-other-contracts-3-to-5-cents-in-the-green/): Corn futures closed out the Thursday session with July up ¾ cent and other contracts 3 to 5 cents in the green. The front month CmdtyView national average Cash Corn price was up a penny at $4.15.  The weekly Export Sales report this morning showed 942,276 MT of old crop corn sold in the week ending on … - [Cotton futures up 20 to 40 points on the day](https://todaymarkets.ae/cotton-futures-up-20-to-40-points-on-the-day/): Cotton futures posted positive trade on Thursday, with contracts up 20 to 40 points on the day. Crude oil prices were up 43 cents/barrel, with the US dollar index showing steady trade at $98.670.  USDA’s Export Sales report showed 109,785 RB of 2024/25 cotton sold in the week ending on May 29, which was a … - [Coffee Prices Sharply Higher as the Brazilian Real Surges](https://todaymarkets.ae/coffee-prices-sharply-higher-as-the-brazilian-real-surges/): July arabica coffee (KCN25) Thursday closed up +13.60 (+3.93%), and July ICE robusta coffee (RMN25) closed up +121 (+2.71%). Coffee prices rallied sharply on Thursday to 1-week highs.   Thursday’s rally in the Brazilian real (^USDBRL) to a 7-1/2 month high against the dollar sparked fund short covering in coffee futures.  The stronger Brazilian real … - [Cocoa Prices Climb as the Dollar Falls and Ivory Coast Cocoa Exports Slow](https://todaymarkets.ae/cocoa-prices-climb-as-the-dollar-falls-and-ivory-coast-cocoa-exports-slow/): July ICE NY cocoa (CCN25) Thursday closed up +128 (+1.29%), and July ICE London cocoa #7 (CAN25) closed up +65 (+0.99%). Cocoa prices settled higher on Thursday, with NY cocoa posting a 1-1/2 week high and London cocoa posting a 1-week high.   Thursday’s fall in the dollar index (DXY00) to a 6-week low prompted … - [Sugar Prices Hammered by the Outlook for Ample Supplies](https://todaymarkets.ae/sugar-prices-hammered-by-the-outlook-for-ample-supplies/): July NY world sugar #11 (SBN25) Thursday closed down -0.18 (-1.07%), and August London ICE white sugar #5 (SWQ25) closed down -4.80 (-1.03%). Sugar prices extended their two-month-long selloff on Thursday, with NY sugar posting a nearly 4-year nearest-futures low and London sugar posting a 4-1/2-month low.   Expectations for a global sugar surplus are … - [Economic Calendar - ECB Decision in Focus](https://todaymarkets.ae/economic-calendar-ecb-decision-in-focus/): After the warning signal from the U.S. labor market in the form of exceptionally weak ADP data, investors’ attention shifts to today’s NFP report. Market expectations are set relatively low compared to the previous month (a decline of around 50,000 new jobs is forecast), so a negative surprise may confirm concerns about the state of employment … - [ECB preview: Central banks take a lurch to the dovish side](https://todaymarkets.ae/ecb-preview-central-banks-take-a-lurch-to-the-dovish-side/): A theme is emerging as we move towards the final weeks of Q2, central banks are getting more dovish. ECB and Fed members’ speeches have become notably more dovish in recent weeks, while reports on Wednesday suggest that the Bank of Japan is considering slowing the pace of its bond tapering programme next year. A … - [USD/CHF wobbles near six-week low around 0.8200, US NFP in focus](https://todaymarkets.ae/usd-chf-wobbles-near-six-week-low-around-0-8200-us-nfp-in-focus/): The USD/CHF pair trades with caution near the six-week low around 0.8200 during late Asian trading hours on Thursday. Investors brace for significant volatility in the pair as the United States (US) Nonfarm Payrolls (NFP) data takes centre stage, which will reflect the current status of the labor market. The US Dollar (USD) fell sharply on … - [EUR/JPY Retains bullish bias above 163.00](https://todaymarkets.ae/eur-jpy-retains-bullish-bias-above-163-00/): The EUR/JPY cross edges higher to around 163.15 during the Asian trading hours on Thursday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the expectation that the next interest rate hike by the Bank of Japan (BoJ) will not come soon. According to a Reuters poll, most economists expect the BoJ to hold rates steady through … - [NZD/USD - Holds steady near 0.6030; moves little after Chinese PMI](https://todaymarkets.ae/nzd-usd-holds-steady-near-0-6030-moves-little-after-chinese-pmi/): The NZD/USD pair trades with a positive bias for the second straight day, though it remains below the 0.6050 level through the Asian session on Thursday amid a modest US Dollar (USD) uptick. Spot prices hold steady around the 0.6030 region and move little following the release of China’s Caixin Services PMI, which rose to … - [XAG/USD maintains position around $34.50 due to safe-haven demand](https://todaymarkets.ae/xag-usd-maintains-position-around-34-50-due-to-safe-haven-demand/): Silver price (XAG/USD) edges higher after registering losses in the previous two successive sessions, trading around $34.50 per troy ounce during the Asian hours on Thursday. Prices of the precious metals, including Silver, receive support from safe-haven flows amid growing global economic and political uncertainty. The non-yielding assets like Silver receive support after the release of soft … - [EUR/USD trades cautiously around 1.1400 ahead of ECB’s interest rate policy](https://todaymarkets.ae/eur-usd-trades-cautiously-around-1-1400-ahead-of-ecbs-interest-rate-policy/): The EUR/USD pair trades with caution, slightly above the key level of 1.1400 during Asian trading hours on Thursday. The major currency pair is expected to remain sideways, with investors awaiting the European Central Bank’s (ECB) interest rate decision announcement at 12:15 GMT. The ECB is almost certain to reduce its key borrowing rates by 25 … - [USD/MXN Finds resistance around 19.20 ahead of nine-day EMA](https://todaymarkets.ae/usd-mxn-finds-resistance-around-19-20-ahead-of-nine-day-ema/): USD/MXN inches higher after registering losses in the previous session, trading around 19.20 during the Asian hours on Thursday. A bearish bias is prevailing as the daily chart’s technical analysis indicates the pair consolidating within a descending channel pattern. The USD/MXN remains below the nine-day Exponential Moving Average (EMA), indicating weaker short-term momentum. Additionally, the … - [AUD/USD trims gains as US Dollar recovers ground, Initial Jobless Claims eyed](https://todaymarkets.ae/aud-usd-trims-gains-as-us-dollar-recovers-ground-initial-jobless-claims-eyed/): The Australian Dollar (AUD) remains in positive territory for the second successive session against the US Dollar (USD) on Thursday. The AUD/USD pair holds ground following the release of domestic trade balance and China’s Caixin Services Purchasing Managers’ Index (PMI) data. Australia’s Trade Balance posted a 5,413M surplus month-over-month in April, came below the 6,100M … - [USD/INR edges lower on weak US data, lower oil prices](https://todaymarkets.ae/usd-inr-edges-lower-on-weak-us-data-lower-oil-prices/): The Indian Rupee (INR) recovers on Thursday, snapping the two-day losing streak. Concerns over US President Donald Trump’s erratic tariff policy and a ballooning fiscal deficit after the House of Representatives passed a sweeping tax cut and spending bill drag the Greenback lower and provide some support to the local currency.  Nonetheless, the renewed US … - [JPY/USD ticks lower, bias against a rebounding USD; bears lack conviction](https://todaymarkets.ae/jpy-usd-ticks-lower-bias-against-a-rebounding-usd-bears-lack-conviction/): The Japanese Yen (JPY) remains on the back foot through the Asian session on Thursday, which, along with a modest US Dollar (USD) uptick, lifts the USD/JPY pair back above the 143.00 mark in the last hour. The JPY bears, however, might refrain from placing aggressive bets in the wake of the growing acceptance that the Bank … - [USD/CAD - More downside towards 1.3600 looks likely](https://todaymarkets.ae/usd-cad-more-downside-towards-1-3600-looks-likely/): The USD/CAD pair appears vulnerable near an over eight-month low, slightly above 1.3650 during Asian trading hours on Thursday. The Loonie pair stays under pressure as the US Dollar (USD) remains on backfoot amid renewed United States (US) stagflation risks and trade uncertainty. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades cautiously near the … - [Cattle Rally to Close Near All-Time Highs](https://todaymarkets.ae/cattle-rally-to-close-near-all-time-highs/): Live cattle futures were in rally mode on Wednesday closing in on all-time highs, as contracts were up $2.40 to $2.75. Cash trade saw some $224-225 sales on Wednesday in the South. Northern business has been light. The Wednesday morning Fed Cattle Exchange online auction saw sales on 463 of the 926 head, with trade … - [Soybeans Pull Off Highs](https://todaymarkets.ae/soybeans-pull-off-highs/): The soybean market saw Wednesday gains of 3 to 5 cents at the close, pulling back off some intraday highs. The cmdtyView Cash Bean price was up 4 3/4 cents to $10.00. Soymeal futures were $1.90 to $2.60/ton higher, as Soy Oil were mixed, with 6 point losses to 2 point gains. Export Sales data will be out tomorrow, with the … - [Wheat Pops Higher](https://todaymarkets.ae/wheat-pops-higher/): The wheat complex started off the Wednesday session slow, but closed with gains across the three markets. Chicago SRW futures saw 6 to 8 cent gains that the Wednesday close. Kansas City HRW contracts posted 3 to 4 cent gains at the final bell. Minneapolis spring wheat futures closed the Wednesday session with contracts 5 … - [Corn Rebounds](https://todaymarkets.ae/corn-rebounds/): Corn futures posted Wednesday gains of fractionally to 5 1/4 cents, as July continues to be on the selling side of the bear spreading. The front month CmdtyView national average Cash Corn price was up 1/4 cent at $4.14 1/4.  EIA data from this morning showed the weekly ethanol production exploding to match the mid-March high at … - [Coffee Prices Settle Higher as Brazilian Real Strength Sparks Short Covering](https://todaymarkets.ae/coffee-prices-settle-higher-as-brazilian-real-strength-sparks-short-covering/): July arabica coffee (KCN25) Wednesday closed up +5.30 (+1.55%), and July ICE robusta coffee (RMN25) closed up +37 (+0.83%). Coffee prices on Wednesday settled higher as a rally in the Brazilian real (^USDBRL) sparked short covering in coffee futures.  The Brazilian real rose to a 1-1/2 week high against the dollar Wednesday, discouraging export selling … - [Cocoa Futures Climb on Short Covering as the Dollar Weakens](https://todaymarkets.ae/cocoa-futures-climb-on-short-covering-as-the-dollar-weakens/): July ICE NY cocoa (CCN25) Wednesday closed up +173 (+1.77%), and July ICE London cocoa #7 (CAN25) closed up +73 (+1.13%). Cocoa prices rose on Wednesday as dollar weakness prompted some short covering in cocoa futures.  Gains in London cocoa were muted Wednesday after the British pound (^GBPUSD) rose to a 1-week high, undercutting cocoa … - [Cotton Trades Lower](https://todaymarkets.ae/cotton-trades-lower/): Cotton futures were falling on Wednesday with contracts down 70 to 106 points at the final bell. Crude oil prices were down 66 cents/barrel, with the US dollar index back down $0.404 to $98.755. The next week is looking for precip across much of TX to the East Coast according to NOAA’s 7-day QPF. Tuesday’s … - [Sugar Prices Fall as Global Production and Supplies Increase](https://todaymarkets.ae/sugar-prices-fall-as-global-production-and-supplies-increase/): July NY world sugar #11 (SBN25) Wednesday closed down -0.15 (-0.89%), and August London ICE white sugar #5 (SWQ25) closed down -5.60 (-1.186%). Sugar prices settled lower on Wednesday but remained above Tuesday’s significant lows.  NY sugar sank to a 3-3/4 year nearest-futures low on Tuesday, and London sugar fell to a 4-1/2 month low … - [Nat-Gas Prices Slip as US Weather Forecasts Moderate](https://todaymarkets.ae/nat-gas-prices-slip-as-us-weather-forecasts-moderate/): July Nymex natural gas (NGN25) on Wednesday closed down by -0.006 (-0.16%). July nat-gas prices on Wednesday posted modest losses as temperature forecasts moderated across the central and eastern US, which could curb nat-gas demand from electricity providers to run air-conditioning.  Forecaster Atmospheric G2 stated on Wednesday that forecasts shifted cooler across the southern half … - [EUR/USD consolidates below 1.1400 as good US data supports the Dollar](https://todaymarkets.ae/eur-usd-consolidates-below-1-1400-as-good-us-data-supports-the-dollar/): EUR/USD is moving lower for the second consecutive day on Wednesday, trading around 1.1380 at the time of writing. A positive surprise on Tuesday’s US job openings has boosted investors’ mood, contributing to easing concerns about the economic impact of tariffs. The Euro, on the other hand, was hit by softer-than-expected Eurozone Consumer Prices Index (CPI) data … - [NZD/USD - Support at the 0.6000 area keeps the upward trend intact](https://todaymarkets.ae/nzd-usd-support-at-the-0-6000-area-keeps-the-upward-trend-intact/): The New Zealand Dollar turned lower on Tuesday, weighed by a stronger US Dollar, but downside attempts have been contained at the 0.5990-0.6000 area, which keeps the broader upward trend intact. The Kiwi retreated from year-to-date highs, at 0.6050, following stronger-than-expected US job openings numbers, that eased concerns about US debt and trade tariffs, at … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-5/): Today we received the Q1 2025 GDP report for Australia. The data came in slightly below market expectations, both on a quarterly and annual basis. In response, we observed a slight decline in the AUD against the dollar, but the rate quickly returned to pre-release levels. GDP Report Australia’s economy grew by only 0.2% in … - [Economic Calendar - Labour Market Data And Trade Deals in Focus](https://todaymarkets.ae/economic-calendar-labour-market-data-and-trade-deals-in-focus/): Among today’s key macroeconomic releases are the U.S. labor market report — ADP, the PMI and ISM services data, as well as the interest rate decision from the Bank of Canada. However, today we can also expect important updates related to new U.S. trade agreements with other partners. Yesterday, the White House confirmed that U.S. … - [WTI eases amid a stronger USD, but remains close to $63.00](https://todaymarkets.ae/wti-eases-amid-a-stronger-usd-but-remains-close-to-63-00/): Oil has been trimming some gains over the last sessions, weighed by a stronger US Dollar, but it remains close to the six-week highs above $63.00 reached on Tuesday. The US Dollar Index, which measures the value of the Greenback against the six most traded currencies, bounced up about 0.7%, buoyed by strong US job openings … - [Gold price trades with positive bias above $3,350, remains close to multi-week top](https://todaymarkets.ae/gold-price-trades-with-positive-bias-above-3350-remains-close-to-multi-week-top/): Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Wednesday and reverses a part of the previous day’s retracement slide from a nearly four-week top. The US Dollar (USD) struggles to capitalize on Tuesday’s goodish bounce from a six-week trough amid the growing acceptance that the Federal Reserve (Fed) will cut interest rates further amid signs of … - [EUR/USD hovers below 1.1400 as Eurozone inflation falls below ECB’s 2% target](https://todaymarkets.ae/eur-usd-hovers-below-1-1400-as-eurozone-inflation-falls-below-ecbs-2-target/): EUR/USD moves little after registering losses in the previous session, trading around 1.1380 during the Asian hours on Wednesday. The pair may appreciate as the US Dollar (USD) struggles due to traders’ caution amid rising tariff uncertainty and its potential to hurt growth in the US economy. Job Openings and Labor Turnover Survey (JOLTS) Job Openings posted … - [USD/INR drifts lower as traders await Indian/US PMI releases](https://todaymarkets.ae/usd-inr-drifts-lower-as-traders-await-indian-us-pmi-releases/): The Indian Rupee (INR) gains ground on Wednesday. The weaker US Dollar (USD) after the downbeat economic data supports the local currency. Analysts from BofA Securities said that Indian markets will likely be among the top three in Asia to attract foreign inflows once tariff-related uncertainties ease. This, in turn, might boost the Indian currency.  Nonetheless, extended gains in … - [GBP/USD remains above 1.3500 as US Dollar comes under pressure from "Sell America" trend](https://todaymarkets.ae/gbp-usd-remains-above-1-3500-as-us-dollar-comes-under-pressure-from-sell-america-trend/): GBP/USD edges higher after registering losses in the previous session, trading around 1.3520 during the Asian hours on Wednesday. The pair may appreciate as the US Dollar (USD) attracts sellers under the “Sell America” trend amid rising tariff uncertainty, which could hurt growth in the US economy. Job Openings and Labor Turnover Survey (JOLTS) Job Openings posted … - [XAG/USD bulls have the upper hand near mid-$34.00ish, just below YTD top](https://todaymarkets.ae/xag-usd-bulls-have-the-upper-hand-near-mid-34-00ish-just-below-ytd-top/): Silver (XAG/USD) struggles to capitalize on the overnight bounce from sub-$34.00 levels and oscillates in a narrow trading band during the Asian session on Wednesday. The white metal currently hovers around the $34.50 area, nearly unchanged for the day, though it remains close to the year-to-date peak (YTD) touched on Monday. From a technical perspective, … - [Crude Prices Settle Higher on Energy Demand Optimism and Canadian Wildfires](https://todaymarkets.ae/crude-prices-settle-higher-on-energy-demand-optimism-and-canadian-wildfires/): July WTI crude oil (CLN25) Tuesday closed up +0.89 (+1.42%), and July RBOB gasoline (RBN25) closed up +0.0263 (+1.28%). Crude oil and gasoline prices on Tuesday added to Monday’s gains, with crude posting a 1-1/2 week high.  Signs of strength in the US labor market support economic growth prospects and energy demand, as JOLTS job … - [Prospects of Above-Normal US Temps Boost Nat-Gas Prices](https://todaymarkets.ae/prospects-of-above-normal-us-temps-boost-nat-gas-prices/): July Nymex natural gas (NGN25) on Tuesday closed up by +0.028 (+0.76%). July nat-gas prices on Tuesday added to Monday’s sharp rally and settled higher on the prospects of hotter US weather boosting nat-gas demand from electricity providers to power increased air-conditioning usage.  Forecaster Atmospheric G2 stated on Tuesday that temperatures are expected to be … - [Cattle Slip Back, as Beef Takes a Breather](https://todaymarkets.ae/cattle-slip-back-as-beef-takes-a-breather/): Live cattle futures are pulling back from early strength, with contracts 57 cents to $1.27 lower. Cash trade has yet to see much action this week, with last week at $221-223 in the South and some up to $225, with business at $234-237 in the North. Feeder cattle futures saw losses of 42 to 52 … - [The spring wheat crop is now 95% planted](https://todaymarkets.ae/the-spring-wheat-crop-is-now-95-planted/): Wheat futures posted some turnaround action on Tuesday, with contracts down across the three exchanges. Chicago SRW futures were 2 to 3 cents lower.  Kansas City HRW contracts saw weakness, with losses of 3 cents in the nearbys. Minneapolis spring wheat futures pulled back on the rating improvement, down 9 to 10 cents.  USDA’s weekly … - [Soybeans found some recovery](https://todaymarkets.ae/soybeans-found-some-recovery/): Soybeans found some recovery on Tuesday following recent weakness, with contracts up 4 to 7 ¼ cents on Friday. The cmdtyView Cash Bean price was up 7 1/2 cents to $9.95 1/4. Soymeal futures were steady to 40 cents higher/ton, as Soy Oil were back up 53 points. Some support came from reports that President Trump and Chinese president Xi will … - [Corn Turns Higher to Post Gains](https://todaymarkets.ae/corn-turns-higher-to-post-gains/): Corn futures closed out the Tuesday session with some gains. July was up just ¼ cent as the bear spreading continued, with December now par with July and up 2 ¾ cents on the day. The front month CmdtyView national average Cash Corn price was up ½ cent at $4.14 3/4.  Weekly Crop Progress data showed the … - [Coffee Prices Retreat on Brazil Harvest Pressures](https://todaymarkets.ae/coffee-prices-retreat-on-brazil-harvest-pressures/): July arabica coffee (KCN25) Tuesday closed down -3.60 (-1.05%), and July ICE robusta coffee (RMN25) closed down -41 (-0.92%). Coffee prices retreated on Tuesday, with arabica falling to a 1-3/4-month low and robusta dropping to a 7-month low.  Harvest pressures are undercutting coffee prices, as Safras & Mercado reported that Brazil’s 2025/26 coffee harvest was … - [Cocoa Prices Sharply Higher on Reduced Ivory Coast Cocoa Exports](https://todaymarkets.ae/cocoa-prices-sharply-higher-on-reduced-ivory-coast-cocoa-exports/): July ICE NY cocoa (CCN25) Tuesday closed up +301 (+3.18%), and July ICE London cocoa #7 (CAN25) closed up +151 (+2.39%). Cocoa prices settled sharply higher on Tuesday due to the slowing pace of Ivory Coast cocoa exports, signaling tighter future cocoa supplies.  Monday’s government data showed that Ivory Coast farmers shipped 1.6 MMT of … - [Cotton Closes Mixed](https://todaymarkets.ae/cotton-closes-mixed/): Cotton futures closed mixed action on Tuesday, as most contracts were down 8 to 16 points, and thinly traded October up 2 points. Crude oil prices are up another 85 cents/barrel, with the US dollar index back up $0.575 to $99.210. The Monday afternoon Crop Progress report indicated 66% of the US cotton crop was … - [Strength in Crude Oil Sparks Short Covering in Sugar Futures](https://todaymarkets.ae/strength-in-crude-oil-sparks-short-covering-in-sugar-futures/): July NY world sugar #11 (SBN25) Tuesday closed up +0.02 (+0.12%), and August London ICE white sugar #5 (SWQ25) closed up +2.80 (+0.59%). Sugar prices on Tuesday recovered from early losses and posted modest gains.  Short covering emerged in sugar futures Tuesday to lift prices higher after WTI crude oil (CLN25) rallied to a 1-1/2 … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-4/): BA Minutes Reveal Dovish Lean Amid Global Uncertainties During the Asian session, the Reserve Bank of Australia (RBA) published the minutes from its latest monetary policy meeting. The RBA implemented its second interest rate cut in May, following an initial reduction in February, bringing the official cash rate to 3.85%. The minutes revealed that the central bank had … - [Economic Calendar - Will EU Inflation Sway The ECB](https://todaymarkets.ae/economic-calendar-will-eu-inflation-sway-the-ecb/): Today’s economic calendar presents several key data releases. We begin with Swiss inflation data, though the Eurozone inflation figures will undoubtedly be of greater significance, especially ahead of the ECB meeting on Thursday. It’s important to note that these will be preliminary readings for May. Another crucial point on the calendar will be the release of US … - [EUR/USD holds losses near 1.1400 ahead of Eurozone HICP inflation data](https://todaymarkets.ae/eur-usd-holds-losses-near-1-1400-ahead-of-eurozone-hicp-inflation-data/): EUR/USD edges lower after registering over 0.50% gains in the previous session, trading around 1.1420 during the Asian hours on Tuesday. The US Dollar (USD) recovers its ground on technical correction, despite growing concerns regarding stagflation in the United States (US). Traders will likely observe Eurozone Harmonized Index of Consumer Prices (HICP) data scheduled to be released on Tuesday. Focus … - [USD/CHF Remains capped below 100-day EMA, bearish bias prevails below 0.8200](https://todaymarkets.ae/usd-chf-remains-capped-below-100-day-ema-bearish-bias-prevails-below-0-8200/): The USD/CHF pair trades with mild gains near 0.8180 during the early European session on Tuesday, bolstered by a modest rebound of the US Dollar (USD). Nonetheless, tariff uncertainty and the persistent geopolitical tensions in the Middle East might boost the safe-haven currency like the Swiss Franc (CHF) and create a headwind for the pair.  Technically, the bearish outlook of … - [AUD/JPY Breaks below mid-92.00s paves the way for further losses](https://todaymarkets.ae/aud-jpy-breaks-below-mid-92-00s-paves-the-way-for-further-losses/): The AUD/JPY cross attracted some sellers after the Reserve Bank of Australia (RBA) meeting Minutes showed that the central bank had considered an outsized 50 basis point cut in May. Spot prices retreat around 50 pips from the Asian session high and drop to the 92.35 region in the last hour, though the downfall lacks … - [XAU/USD retreats from multi-week top as a recovering USD prompts mild profit-taking](https://todaymarkets.ae/xau-usd-retreats-from-multi-week-top-as-a-recovering-usd-prompts-mild-profit-taking/): Gold price (XAU/USD) retreats from the vicinity of the $3,400 round-figure mark, or a nearly four-week peak touched during the Asian session on Tuesday and erodes a part of the previous day’s strong gains. A modest US Dollar (USD) recovery from the lowest level since April 22 is seen as a key factor exerting some pressure on … - [XAG/USD slumps to near $34.00 on some profit-taking ](https://todaymarkets.ae/xag-usd-slumps-to-near-34-00-on-some-profit-taking/): The Silver price (XAG/USD) faces some selling pressure to around $34.15 after retreating from a nearly seven-month high during the Asian trading hours on Tuesday. The white metal loses ground due to some profit-taking amid easing trade tensions.  A generally positive tone around the equity markets weighs on the safe-haven assets, including the white metal. US … - [JPY/USD remains on the back foot against a broadly recovering USD; lacks bearish conviction](https://todaymarkets.ae/jpy-usd-remains-on-the-back-foot-against-a-broadly-recovering-usd-lacks-bearish-conviction/): The Japanese Yen (JPY) stalls its intraday retracement slide from a one-week high touched against a broadly recovering US Dollar (USD) during the Asian session on Tuesday. Comments from Bank of Japan (BoJ) Governor Kazuo Ueda reaffirmed market bets that the central bank will continue raising interest rates. This marks a big divergence in comparison to bets … - [GBP/USD trades with negative bias above 1.3500 ahead of BoE Monetary Policy Report Hearings](https://todaymarkets.ae/gbp-usd-trades-with-negative-bias-above-1-3500-ahead-of-boe-monetary-policy-report-hearings/): The GBP/USD pair attracts some sellers during the Asian session on Tuesday and erodes a part of the overnight strong move up to the 1.3560 area, or a multi-day peak. Spot prices drop to the 1.3515 area, or a fresh daily low in the last hour amid a modest US Dollar (USD) uptick, though the fundamental backdrop … - [US Dollar Index surges toward 99.00, rebounds from six-week lows](https://todaymarkets.ae/us-dollar-index-surges-toward-99-00-rebounds-from-six-week-lows/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, has rebounded from a six-week low of 98.58 and is trading higher near 98.90 during the Asian hours on Tuesday. Traders would likely observe the release of the JOLTS Job Openings later on Tuesday. However, the US Dollar faced … - [AUD weakens, potentially due to corrective rebound in US Dollar](https://todaymarkets.ae/aud-weakens-potentially-due-to-corrective-rebound-in-us-dollar/): The Australian Dollar (AUD) depreciated against the US Dollar (USD) on Tuesday after registering around 1% gains in the previous session. The AUD/USD pair remains subdued following the release of the Reserve Bank of Australia’s (RBA) Meeting Minutes. RBA Minutes of its May monetary policy meeting suggested that the board viewed the case for a 25 basis point … - [USD/INR rises amid modest US Dollar bids, higher oil prices](https://todaymarkets.ae/usd-inr-rises-amid-modest-us-dollar-bids-higher-oil-prices/): The Indian Rupee (INR) weakens on Tuesday. The renewed US Dollar (USD) demand and a rise in crude oil prices put pressure on the local currency. Barclays Bank Plc strategists said that the INR is likely to underperform even as the USD remains under pressure. “The RBI is expected to be focused on replenishing its FX buffers … - [Crude Prices Higher as the Dollar Slumps and Oversupply Concerns Ease](https://todaymarkets.ae/crude-prices-higher-as-the-dollar-slumps-and-oversupply-concerns-ease/): July WTI crude oil (CLN25) Monday closed up +1.73 (+2.85%), and July RBOB gasoline (RBN25) closed up +0.0374 (+1.86%). Crude oil and gasoline prices on Monday settled sharply higher, with crude posting a 1-1/2 week high.  Monday’s fall in the dollar index (DXY00) to a 1-1/4 month low is bullish for energy prices.  Crude also … - [Nat-Gas Prices Surge as US Weather Forecasts Turn Hotter](https://todaymarkets.ae/nat-gas-prices-surge-as-us-weather-forecasts-turn-hotter/): July Nymex natural gas (NGN25) on Monday closed up sharply by +0.247 (+7.17%). July nat-gas prices on Monday settled sharply higher as US weather forecasts shifted warmer for mid-June, which could boost nat-gas demand from electricity providers to power increased air-conditioning usage.  Forecaster Atmospheric G2 said Monday that temperatures shifted hotter across large portions of … - [Cattle Rallies to Start New Month](https://todaymarkets.ae/cattle-rallies-to-start-new-month/): Live cattle futures were in rally mode on Monday, with contracts up $1.07 to $1.80. Cash trade has yet to see much this week, with last week at $221-223 in the South and some up to $225, with business at $234-237 in the North.  Feeder cattle futures saw a Monday rally, with contracts up $2.92 … - [Arabica Coffee Prices Settle Higher on Weather Concerns in Brazil](https://todaymarkets.ae/arabica-coffee-prices-settle-higher-on-weather-concerns-in-brazil/): July arabica coffee (KCN25) Monday closed up +2.00 (+0.58%), and July ICE robusta coffee (RMN25) closed down -34 (-0.75%). Coffee prices on Monday settled mixed, with robusta posting a 6-3/4 month low.   Coffee prices have been under pressure over the past month on the outlook for higher coffee production and ample supplies.  On May … - [Cocoa Prices Retreat on Beneficial Crop Weather in West Africa](https://todaymarkets.ae/cocoa-prices-retreat-on-beneficial-crop-weather-in-west-africa/): July ICE NY cocoa (CCN25) Monday closed down -317 (-3.24%), and July ICE London cocoa #7 (CAN25) closed down -218 (-3.33%). Cocoa prices on Monday gave up an early advance and fell sharply due to favorable weather in West Africa, which is expected to aid cocoa crop development in the world’s largest cocoa-growing region.  Rain … - [Expectations for Ample Global Sugar Supplies Undercuts Prices](https://todaymarkets.ae/expectations-for-ample-global-sugar-supplies-undercuts-prices/): July NY world sugar #11 (SBN25) Monday closed down -0.17 (-1.00%), and August London ICE white sugar #5 (SWQ25) closed down -5.20 (-1.09%). Sugar prices on Monday moved lower due to the outlook for higher sugar production in India, the world’s second-largest producer.  On Monday, India’s National Federation of Cooperative Sugar Factories forecast today that … - [Cotton Posts Monday ](https://todaymarkets.ae/cotton-posts-monday/): Cotton futures started the week off with a little strength, as contracts were up 65 to 107 points at the close. Crude oil prices shot higher, up $2.25, with the US dollar index down $0.644 to $98.615.  The Monday afternoon Crop Progress report indicated 66% of the US cotton crop was planted, 3 percentage points … - [Soybeans Fall to Start June, as Conditions Lineup with Expectations](https://todaymarkets.ae/soybeans-fall-to-start-june-as-conditions-lineup-with-expectations/): Soybean futures faced weakness for much of the session, as the wetter outlook and weaker products continue to pressure the market. Contracts closed with 7 to 10 cents losses. The cmdtyView Cash Bean price was down 7 1/2 cents to $9.88 3/4. Soymeal futures posted 80 cent to $2.30ton losses, as Soy Oil are down another 13 to 68 points. Crop … - [Wheat Holds onto Gains on Monday, Ratings Improve](https://todaymarkets.ae/wheat-holds-onto-gains-on-monday-ratings-improve/): The wheat market held onto the Monday gains at the close, with contracts posting positive trade. Chicago SRW futures were 5 to 7 cents higher. Kansas City HRW contracts saw 6 to 7 gains at the close. Minneapolis spring wheat futures are were 1 to 3 cents higher. Increased tensions in the Black Sea likely … - [Corn Bulls Sputter to Start the Week](https://todaymarkets.ae/corn-bulls-sputter-to-start-the-week/): Corn futures closed out Monday with contracts 2 to 5 ¾ cents in the red, as the bear spreading continues. The front month CmdtyView national average Cash Corn price was down 6 1/2 cents at $4.13 1/4.  Weekly Crop Progress data showed the US corn crop now 93% planted, matching the 5-year average, with emergence 1 percentage … - [Today Markets - The Week Ahead](https://todaymarkets.ae/today-markets-the-week-ahead/): The Week Ahead: Payrolls and ECB rate cut to set the tone The start of the new month will bring a plethora of economic information that will be vital for asset markets. Before we delve into the key drivers of this week’s action, it is useful to look at the context and piece together key … - [Economic Calendar - Trade Tensions Overshadow Manufacturing PMI's](https://todaymarkets.ae/economic-calendar-trade-tensions-overshadow-manufacturing-pmis/): Financial markets are once again driven by global trade policy shifts, as the verbal breakdown in U.S.-China relations renews concerns about growth and competitiveness in the world’s two largest economies. Aggressive rhetoric from both Beijing and Washington casts serious doubt over the Geneva trade truce, fueling a strong return of risk aversion. However, trade issues … - [XAG/USD holds steady above $33.00 mark, seems poised to climb further](https://todaymarkets.ae/xag-usd-holds-steady-above-33-00-mark-seems-poised-to-climb-further/): Silver (XAG/USD) edges higher at the start of a new week and retakes the $33.00 mark during the Asian session, reversing a part of Friday’s losses. The intraday uptick, however, lacks bullish conviction, warranting some caution before positioning for any meaningful appreciating move. Looking at the broader picture, the XAG/USD has been oscillating in a … - [Crypto Gainers FLR, XMR, and ZEC: Flare leads the layer-1 rally with aims to unlock XRP’s DeFi potential](https://todaymarkets.ae/crypto-gainers-flr-xmr-and-zec-flare-leads-the-layer-1-rally-with-aims-to-unlock-xrps-defi-potential/): With the broader crypto market holding above key levels on the weekends, layer-1 tokens lead the positive start this week. Flare (FLR) breaks above a multi-month resistance trendline after the Uphold partnership announcement to integrate FAssets for Ripple’s XRP focused decentralized finance (DeFi) services and yields.  Privacy coins share the lead stage, with Monero (XMR) and Zcash (ZEC) surging … - [Bitcoin, Ethereum, Ripple – BTC, ETH and XRP consolidate as bulls struggle to reclaim momentum](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-consolidate-as-bulls-struggle-to-reclaim-momentum/): Bitcoin (BTC) continues to consolidate around the $105,000 mark, following a 3% decline last week. Ethereum (ETH) remains above a critical technical support level that could determine its near-term direction, while Ripple (XRP) is testing a key resistance level, increasing the odds of a pullback as bullish momentum wanes. Bitcoin is heading toward $100,000 as … - [WTI climbs to near $62.00 amid renewed trade tensions](https://todaymarkets.ae/wti-climbs-to-near-62-00-amid-renewed-trade-tensions/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.90 during the Asian trading hours on Monday. The WTI price jumps due to ongoing tariff uncertainty and the persistent geopolitical tensions in the Middle East.  US President Donald Trump’s tariffs raised concerns about global economic weakness, which might drag the price of black gold lower. Trump … - [USD/CAD falls to near 1.3700 as traders expect BoC to keep rates steady in June](https://todaymarkets.ae/usd-cad-falls-to-near-1-3700-as-traders-expect-boc-to-keep-rates-steady-in-june/): USD/CAD extends its losses for the second successive session, trading around 1.3720 during the Asian hours on Monday. The Canadian Dollar (CAD) continues to gain ground against the US Dollar (USD) following stronger-than-expected Gross Domestic Product (GDP) Annualized reinforced odds of the Bank of Canada (BoC) holding interest rates steady at its meeting on Wednesday. Canada’s economy … - [Asia-Pacific FX news wrap - Oil up despite OPEC+ output hike, USD lower.](https://todaymarkets.ae/asia-pacific-fx-news-wrap-oil-up-despite-opec-output-hike-usd-lower/): Oil prices opened higher on Monday, even after OPEC+ confirmed it would raise production by 411,000 barrels per day in July — matching increases from May and June. This marks the third consecutive monthly output hike as the cartel continues its push to regain market share and exert discipline on over-producing members. - [China's NBS Manufacturing PMI rises to 49.5 in May, Non-Manufacturing PMI eases to 50.3](https://todaymarkets.ae/chinas-nbs-manufacturing-pmi-rises-to-49-5-in-may-non-manufacturing-pmi-eases-to-50-3/): China’s official Manufacturing Purchasing Managers’ Index (PMI) rose to 49.5 in May, compared to 49.0 in the previous reading. The reading came in line with the market consensus in the reported month.  The NBS Non-Manufacturing PMI eased to 50.3 in May versus April’s 50.4 figure and below the estimates of 50.6. Market reaction At the time … - [Chart of The Day - Bitcoin (BTC)](https://todaymarkets.ae/chart-of-the-day-bitcoin-btc/): Over the past two sessions, Bitcoin has risen by more than 11%, from around 84,000 USD to over 94,000 currently. This strong rebound was driven by both positive news from the cryptocurrency sector and macroeconomic developments related to Trump’s softer approach to tariffs. However, Bitcoin’s relative strength was already visible earlier, as traditional indexes were setting … - [Trade of The Day - Nasdaq](https://todaymarkets.ae/trade-of-the-day-nasdaq/): Facts Recommendation Long position on US100 at market price. Opinion The upward momentum in the U.S. stock market has been extended today, with the biggest ‘beneficiary’ of this change being the tech sector index, which had previously been hit hardest by the prospect of Donald Trump’s ‘trade wars’ and uncertainty surrounding U.S. domestic policy. However, … - [Lower Than Expected UK PMI Data Sees The GBPUSD Move Lower](https://todaymarkets.ae/lower-than-expected-uk-pmi-data-sees-the-gbpusd-move-lower/): 08:30 AM GMT, United Kingdom – PMI Data for April: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you … - [Mixed Eurozone PMI Data While Manufacturing Improves](https://todaymarkets.ae/mixed-eurozone-pmi-data-while-manufacturing-improves/): 08:00 AM GMT, Euro Zone – PMI Data for April: Eurozone business activity stalled in April. Manufacturing unexpectedly improved, with output hitting a near three-year high despite new U.S. tariffs, thanks to lower input costs and better profit margins. However, new orders stayed weak, and companies remain cautious. The services sector dragged overall growth down, showing contraction for the … - [A Muted EUR/USD After Lower German PMI Data](https://todaymarkets.ae/a-muted-eur-usd-after-lower-german-pmi-data/): 07:30 AM GMT, Germany – PMI Data for April: Germany’s economy is showing mixed signals. Manufacturing is holding up surprisingly well despite global challenges and U.S. tariffs—production and export orders have even risen. Lower energy prices and slightly higher selling prices are helping boost manufacturers’ profit margins, especially as some shift toward military-related production. However, the services sector is … - [Economic Calendar - PMI Data in Focus](https://todaymarkets.ae/economic-calendar-pmi-data-in-focus/): Today, the most important reports scheduled in the calendar will be the preliminary PMI reports for April. However, it’s also worth monitoring the latest White House comments regarding potential trade negotiations. Recently, macroeconomic data has taken a backseat to significant turmoil in US trade policy. Today, similarly, the driver of growth is Donald Trump’s softer … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-5/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Tesla Q1 Results - 71% Drop in Net Profit YoY](https://todaymarkets.ae/tesla-q1-results-71-drop-in-net-profit-yoy/): Tesla shares (TSLA.US) gain 0.50 % in after‑hours trading, despite weaker year‑on‑year results. However, investor hopes are sustained by the company’s optimistic outlook. Tesla’s first‑quarter report showed a deliberate profitability reset as it prepares for the next product cycle. Revenue fell 9 % YoY to USD 19.3 bn, GAAP EPS dropped to USD 0.12, and operating margin shrank to 2.1 %. The results … - [USD/CHF Outlook remains bearish below 0.8250](https://todaymarkets.ae/usd-chf-outlook-remains-bearish-below-0-8250/): The USD/CHF pair drifts higher to near 0.8225 during the early European session on Wednesday, bolstered by the renewed US Dollar (USD) demand. Hope for the US-China trade deal provides a boost for investors. Additionally, US President Donald Trump backed away from threats of firing Federal Reserve (Fed) Chair Jerome Powell, which provides some support to the … - [GBP/USD weakens below 1.3300 as US Dollar rises](https://todaymarkets.ae/gbp-usd-weakens-below-1-3300-as-us-dollar-rises/): The GBP/USD pair remains weak near 1.3280 during the early Asian session on Wednesday. Comments by US Treasury Secretary Scott Bessent hint at a thaw in US-China trade tensions, fueling optimism in markets and strengthening the US Dollar (USD) against the Pound Sterling (GBP).  Scott Bessent said on Tuesday that he expects a de-escalation in US President … - [NZD/USD strengthens above 0.5950 amid hopes for US-China trade deal](https://todaymarkets.ae/nzd-usd-strengthens-above-0-5950-amid-hopes-for-us-china-trade-deal/): The NZD/USD pair gathers strength to around 0.5980 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) has risen to its highest level since early November 2024 against the US Dollar (USD) after the optimistic comments from the US Treasury Secretary Scott Bessent. Traders will take more cues from the flash US S&P … - [EUR/USD Bounces off 1.1300 neighbourhood; shows resilience below 23.6% Fibo.](https://todaymarkets.ae/eur-usd-bounces-off-1-1300-neighborhood-shows-resilience-below-23-6-fibo/): The EUR/USD pair attracts some follow-through selling for the second straight day on Wednesday and drops to a one-week low during the Asian session. Spot prices, however, rebound a few pips from the 1.1300 neighborhood and currently trade around the 1.1380 region, still down over 0.35% for the day. The US Dollar (USD) builds on the … - [USD/CAD trades higher near 1.3850 due to potential de-escalation of ongoing tariff dispute](https://todaymarkets.ae/usd-cad-trades-higher-near-1-3850-due-to-potential-de-escalation-of-ongoing-tariff-dispute/): USD/CAD edges higher, rebounding from two consecutive sessions of losses, and is trading near 1.3830 during Asian hours on Wednesday. The US Dollar (USD) found support following remarks by US Treasury Secretary Scott Bessent, who called the ongoing tariff dispute “unsustainable,” hinting at potential de-escalation. On Tuesday, the White House announced progress in trade negotiations aimed … - [XAG/USD holds position above $32.50 despite easing Fed concerns](https://todaymarkets.ae/xag-usd-holds-position-above-32-50-despite-easing-fed-concerns/): Silver price (XAG/USD) retraces its recent losses from the previous session, trading around $32.70 per troy ounce during the Asian hours on Wednesday. However, prices of grey metal faced headwinds as investor optimism grew over the Federal Reserve’s (Fed) independence. US President Donald Trump helped calm markets by clarifying he has no intention of removing Fed … - [AUD advances over optimism over ongoing US-China trade negotiations](https://todaymarkets.ae/aud-advances-over-optimism-over-ongoing-us-china-trade-negotiations/): The Australian Dollar (AUD) recovered some ground on Wednesday, retracing its losses from the previous session. The AUD/USD pair stabilized following the release of preliminary data from Australia’s Judo Bank Purchasing Managers Index (PMI), which showed that private sector activity expanded for the seventh consecutive month in April, driven by continued growth in both manufacturing … - [JPY remains on the back foot amid hopes for US-China trade deal](https://todaymarkets.ae/jpy-remains-on-the-back-foot-amid-hopes-for-us-china-trade-deal/): The Japanese Yen (JPY) trims a part of Asian session losses, though it remains depressed against its American counterpart amid the risk-on impulse. Trump administration officials hinted at a potential de-escalation of the ongoing tariff dispute with China and fueled optimism about a trade deal. Adding to this Trump stepped back from his threats to … - [WTI extends gains to near $64.00 on Iran sanctions, falling US inventories](https://todaymarkets.ae/wti-extends-gains-to-near-64-00-on-iran-sanctions-falling-us-inventories/): West Texas Intermediate (WTI) Oil price extends its rally for a second straight session, trading around $63.90 per barrel during Asian hours on Wednesday. The continued rise in Oil prices comes amid fresh United States (US) sanctions on Iran and signs of tightening supply. On Tuesday, the US imposed new sanctions targeting Seyed Asadoollah Emamjomeh, … - [Gold price shows signs of bullish exhaustion amid positive turnaround in risk sentiment](https://todaymarkets.ae/gold-price-shows-signs-of-bullish-exhaustion-amid-positive-turnaround-in-risk-sentiment/): Gold price (XAU/USD) attracted dip-buyers in Asia on Wednesday, stalling its retreat from the $3,500 peak hit the day before. The attempted US Dollar (USD) recovery from a multi-year low faltered amid the weakening confidence in the US economy on the back of US President Donald Trump’s back-and-forth tariff announcements. Apart from this, the prospects … - [EUR/JPY hangs near daily low, below 162.00 as traders eye Eurozone PMIs for fresh impetus](https://todaymarkets.ae/eur-jpy-hangs-near-daily-low-below-162-00-as-traders-eye-eurozone-pmis-for-fresh-impetus/): The EUR/JPY cross struggles to capitalize on its modest Asian session gains and attracts some intraday sellers in the vicinity of mid-162.00s on Wednesday. Spot prices retreat to the lower end of the daily range, around the 161.80-161.75 area in the last hour, stalling the overnight bounce from sub-161.00 levels or a nearly two-week low. … - [USD/INR jumps on Pahalgam terror attack, US-China optimism](https://todaymarkets.ae/usd-inr-jumps-on-pahalgam-terror-attack-us-china-optimism/): The Indian Rupee (INR) edges lower on Wednesday as rising crude oil prices and a renewed US Dollar (USD) demand weigh on sentiment and drag the Indian currency lower. The terrorist attack in Kashmir, India, contributes to the INR’s downside. At least 28 people were killed and many wounded on Tuesday when terrorists opened fire … - [Corn Falls Lower on Tuesday](https://todaymarkets.ae/corn-falls-lower-on-tuesday/): Corn futures ended the Tuesday session with contracts down 6 to 7 cents. New crop December was down 6 ½ cents, as they try not to bid up for too many acres with current new crop soybean/corn ratio at 2.24. The front month CmdtyView national average Cash Corn price was down 6 cents at $4.48 1/2.  Crop … - [Soybeans Hold Gains on Tuesday](https://todaymarkets.ae/soybeans-hold-gains-on-tuesday/): Soybean futures popped higher on Tuesday, with contracts fractionally to 6 cents higher, led by the nearbys. CmdtyView’s national front month Cash Bean price was up 6 3/4 cents at $9.85 1/4. Soymeal futures were up 80 cents $1.00/ton, as Soy Oil futures were down 4 to 28 points.  Treasury Secretary Bessent made some comments earlier today that he thinks a … - [Wheat Posts Weakness on Tuesday](https://todaymarkets.ae/wheat-posts-weakness-on-tuesday/): The wheat complex was weaker across the three market on Tuesday. Chicago SRW futures posted 2 to 3 cent losses on the day. Kansas City HRW contracts slipped 4 to 6 cents into the close.  MPLS spring wheat was 3 to 5cents in the red on the session. Monday’s Crop Progress report showed a total of 17% … - [Cotton Pops Higher ](https://todaymarkets.ae/cotton-pops-higher/): Cotton futures posted Tuesday gains of 20 to as much as 127 point gains on Tuesday, led by the thinly trade May contract. Crude oil futures were back up $1.13/barrel, with the US dollar index back up $0.701 to $98.690.  NASS pegged the US cotton crop at 11% planted as of 4/20, now in line with … - [Sugar Prices Settle Higher on Brazilian Real Strength](https://todaymarkets.ae/sugar-prices-settle-higher-on-brazilian-real-strength/): May NY world sugar #11 (SBK25) Tuesday closed up +0.18 (+1.01%), and August London ICE white sugar #5 (SWQ25) closed up +6.90 (+1.38%). Sugar prices on Tuesday recovered from early losses and pushed higher, with London sugar posting a 1-week high.  Short covering emerged in sugar futures Tuesday after the Brazilian real (^USDBRL) rallied to … - [Cocoa Prices Surge as Ivory Coast Cocoa Exports Slow](https://todaymarkets.ae/cocoa-prices-surge-as-ivory-coast-cocoa-exports-slow/): May ICE NY cocoa (CCK25) Tuesday closed up +500 (+5.68%), and May ICE London cocoa #7 (CAK25) closed up +375 (+6.16%). Cocoa prices on Tuesday rallied sharply and posted 2-week highs.  Recent Ivory Coast cocoa exports have slowed, supporting prices.  Tuesday’s government data showed that Ivory Coast farmers shipped 1.48 MMT of cocoa to ports … - [Arabica Coffee Posts Moderate Gains as the Brazilian Real Rallies](https://todaymarkets.ae/arabica-coffee-posts-moderate-gains-as-the-brazilian-real-rallies/): May arabica coffee (KCK25) Tuesday closed up +10.85 (+2.96%), and May ICE robusta coffee (RMK25) closed down -22 (-0.42%). Coffee prices on Tuesday settled mixed, with robusta falling to a 1-week low.  Arabica coffee rallied Tuesday due to strength in the Brazilian real (^USDBRL).  The real Tuesday rose to a 2-week high against the dollar, … - [VIX Down 3%, Erasing Yesterday's Gains](https://todaymarkets.ae/vix-down-3-erasing-yesterdays-gains/): The CBOE VIX (VIX) futures are down nearly 3% today; the declines from yesterday’s session, which exceeded 3% for the S&P 500 and Nasdaq 100 futures, have eased, with the US500 and US100 gaining around 0.8% to 1% before the U.S. market opens. VIX (H1 interval) An improvement in sentiment on U.S. stock markets is … - [Boeing up 3% Amid Agreement to Sell Parts of It's Digital Aviation Unit](https://todaymarkets.ae/boeing-up-3-amid-agreement-to-sell-parts-of-its-digital-aviation-unit/): Boeing has agreed to sell parts of its Digital Aviation Solutions business to Thoma Bravo for $10.55 billion in an all-cash deal, while retaining core digital capabilities related to fleet maintenance, diagnostics, and predictive/prognostic maintenance services for commercial and defense customers. The sale includes assets such as Jeppesen, ForeFlight, AerData and OzRunways and is part of Boeing’s … - [Canadian RMPI Much Lower Than Expected](https://todaymarkets.ae/canadian-rmpi-much-lower-than-expected/): Canadian RMPI (Raw Materials Price Index) declined by -1% MoM vs 0.1% exp. and 0.3% exp. (4.7% YoY vs 4.9% previously) Despite unfavorable for Canadian Dollar report, USDCAD gains after yesterday sell-off as US dollar tries to recover. Source: xStation5 The material on this page does not constitute financial advice and does not take into … - [USD/SEK Re-Tests 3 Year Lows After Strong Swedish Unemployment Report](https://todaymarkets.ae/usd-sek-re-tests-3-year-lows-after-strong-swedish-unemployment-report/): The USDSEK pair continues its downward momentum after data from Sweden for March (seasonally adjusted) unexpectedly showed a low unemployment rate of 8.1%, compared to the forecasted 8.7% and the previous 8.9%. Such a strong result, combined with the weak momentum of the U.S. dollar, has pushed the pair to levels not seen since April … - [3M Beats Expectations in Q1](https://todaymarkets.ae/3m-beats-expectations-in-q1/): Industrial conglomerate 3M has kicked off its first-quarter 2025 earnings season on a strong note, delivering results that surpassed market expectations. The adjusted earnings per share (EPS) from continuing operations reached $1.88, exceeding the analysts’ consensus of $1.77. This represents a 10% increase year-on-year. Net sales came in at $5.8 billion, also beating market forecasts … - [EUR/CHF - Recommendation From HSBC](https://todaymarkets.ae/eur-chf-recommendation-from-hsbc/): HSBC has issued a recommendation for the EURCHF currency pair. HSBC recommends taking a long position on the pair with the following levels: Entry (at market price): 0.9288Take Profit: 0.9520Stop Loss: 0.9180 HSBC recommends taking a long position on EURCHF at the market price with a target of 0.9520 and a Stop Loss at 0.9180. … - [Let's Talk Commodities - Oil, Natgas, Cocoa And Gold](https://todaymarkets.ae/lets-talk-commodities-oil-natgas-cocoa-and-gold-2/): Oil: Oil is trying to recover yesterday’s losses but remains below the $65 per barrel level. We are observing a slight rebound in net positions, but they still remain the lowest in several years. At the same time, the physical fuel market does not show such an extremely negative sentiment, which may indicate a decoupling … - [Trade of The Day - DOW 30](https://todaymarkets.ae/trade-of-the-day-dow-30/): Facts: Recommendation: Trade: Short US30 at market priceTarget: 38041, 37560Stop Loss: 39135 Opinion: American index US30 launched today’s session with an upward correction. However, sellers managed to halt an advance at the key resistance (38700). The price pulled back from the upper limit of the 1:1 structure which is also strengthened by the previous low from … - [Equity Markets Under Pressure While Gold Surges](https://todaymarkets.ae/equity-markets-under-pressure-while-gold-surges/): After a tumultuous Monday, volatility is turning lower this morning. European stocks are in the red, but losses are mild so far, and US equity market futures are pointing to a higher open later today. The gold price reached a record early on Tuesday, but has also pulled back, and upwards pressure on Treasuries is … - [Chart of The Day - Gold](https://todaymarkets.ae/chart-of-the-day-gold-5/): Gold (GOLD) is gaining another 1.6% today on a wave of uncertainty in the markets, which have begun to seriously price in the risk of a change in the Federal Reserve’s leadership. Today, the precious metal’s prices reached USD 3,500 per ounce, a historical level never seen before. Gold has had its best start to … - [Economic Calendar - Tesla's Quarterly Results Plus Fed And ECB Banker's Speeches](https://todaymarkets.ae/economic-calendar-teslas-quarterly-results-plus-fed-and-ecb-bankers-speeches/): Markets resume standard trading after the Easter break. US stock index futures are trading higher. However, we are observing a slightly different mood in Europe, as the declines observed yesterday on Wall Street are taking hold here. Markets on the Old Continent are therefore trying to “catch up” on yesterday’s quotations. Let us recall that … - [Could XRP price breakout on growing risk-on sentiment?](https://todaymarkets.ae/could-xrp-price-breakout-on-growing-risk-on-sentiment/): Ripple (XRP) price stabilizes above its $2.00 support during the late Asian session on Tuesday. An attempt to break out of the consolidation range the previous day left more long than short positions liquidated, dampening market sentiment. Meanwhile, with whales buying amid the ongoing consolidation, XRP could be poised for a major run targeting the psychological resistance … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-4/): Current volatility on the currency market. Source: xStation The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted … - [Meta's Shareholders Pay no Heed to FTC's Lawsuit](https://todaymarkets.ae/metas-shareholders-pay-no-heed-to-ftcs-lawsuit/): Meta shares are falling amid today’s selloff. However, the market is paying little attention to the FTC’s lawsuit against the company, accusing it of monopolizing the social media segment. Why don’t investors consider this a risk? The lawsuit against Meta does not scare investors Although Meta’s stock has been falling in recent days, it is more … - [Corn Slips into Monday’s Close](https://todaymarkets.ae/corn-slips-into-mondays-close/): The corn market failed to hold the early session strength on Monday, with contracts ending the session with fractional losses in the front months. The front month CmdtyView national average Cash Corn price was unch at $4.55 1/2.  Crop Progress data from this afternoon showed the US corn crop at 12% planted as of April 20, which … - [Wheat Falls on Monday, with NASS Ratings Slipping](https://todaymarkets.ae/wheat-falls-on-monday-with-nass-ratings-slipping/): The wheat market posted Monday losses across the three exchanges. Chicago SRW futures were down 10 to 11 cents in the front months at the close. Kansas City HRW contracts were 6 to 7 cents lower on Monday. MPLS spring wheat was down 5 to 7 cents across the front months.  The weekly Crop Progress report showed … - [Soybeans Fall Lower on Monday](https://todaymarkets.ae/soybeans-fall-lower-on-monday/): Soybeans posted Monday losses of 5 to 7 cents across most contracts. CmdtyView’s national front month Cash Bean price was down 6 cents at $9.79 1/2. Soymeal futures were down $2.70/ton, as Soy Oil futures were back down 7 to 9 points.  The US soybean crop was listed at 8% planted as of Sunday, now ahead of the 5-year average pace … - [Cotton Closes with Weakness on Monday](https://todaymarkets.ae/cotton-closes-with-weakness-on-monday/): Cotton futures bounced off the midday lows, but still closed with 14 to 55 points on Monday. Crude oil futures were back down $1.30/barrel, with the US dollar index collapsing $0.999 to $98.044.  NASS pegged the US cotton crop at 11% planted as of 4/20, now inline with the 5-year average pace.  CFTC Commitment of Traders … - [Risk-Off Sentiment in Asset Markets Undercuts Sugar Prices](https://todaymarkets.ae/risk-off-sentiment-in-asset-markets-undercuts-sugar-prices/): May NY world sugar #11 (SBK25) Monday closed down -0.12 (-0.67%), and August London ICE white sugar #5 (SWQ25) did not trade with markets closed in London for the Easter Monday holiday. NY sugar fell from a 1-week high Monday and posted moderate losses due to a sell-off in equity markets, which sparked risk-off sentiment … - [Resilient Global Cocoa Demand Pushes Cocoa Prices Higher](https://todaymarkets.ae/resilient-global-cocoa-demand-pushes-cocoa-prices-higher/): May ICE NY cocoa (CCK25) Monday closed up +445 (+5.32%), and May ICE London cocoa #7 (CAK25) did not trade with markets in London closed for the Easter Monday holiday. May NY cocoa rallied sharply to a 2-week high Monday on positive carryover from last week’s news that showed better-than-expected global cocoa demand.  Q1 North … - [Arabica Coffee Closes Lower on Risk-Off Sentiment in Asset Markets](https://todaymarkets.ae/arabica-coffee-closes-lower-on-risk-off-sentiment-in-asset-markets/): May arabica coffee (KCK25) Monday closed down -8.70 (-2.32%), and May ICE robusta coffee (RMK25) did not trade with markets closed in London for the Easter Monday holiday. Arabica coffee prices retreated Monday as a sell-off in the equity market sparked risk-off sentiment in asset markets and undercut commodity prices, including coffee.  An increase in … - [EUR/JPY attracts some sellers to near 161.50 amid safe-haven flows](https://todaymarkets.ae/eur-jpy-attracts-some-sellers-to-near-161-50-amid-safe-haven-flows/): The EUR/JPY cross attracts some sellers to around 161.65 during the early European session on Tuesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid concerns over US President Donald Trump’s tariffs and the escalating US-China trade war.  Persistent trade-related uncertainties triggered by Trump and his fresh attack on Federal Reserve (Fed) Chair Jerome Powell rattled markets. This, … - [GBP/JPY slides to three-day low, below 188.00 mark amid broadly stronger JPY](https://todaymarkets.ae/gbp-jpy-slides-to-three-day-low-below-188-00-mark-amid-broadly-stronger-jpy/): The GBP/JPY cross meets with fresh supply following an Asian session uptick to the 188.75 region and turns negative for the second consecutive day on Tuesday. Spot prices slide back below the 188.00 mark, hitting a three-day low in the last hour, and seem vulnerable to weaken further amid sustained buying around the Japanese Yen … - [JPY retains its bullish bias amid tariff jitters; USD/JPY languishes near 140.00 mark](https://todaymarkets.ae/jpy-retains-its-bullish-bias-amid-tariff-jitters-usd-jpy-languishes-near-140-00-mark/): The Japanese Yen (JPY) attract safe-haven flows for the third straight day on Tuesday amid worries that US President Donald Trump’s tariffs and the escalating US-China trade war might trigger a global recession. Apart from this, the growing acceptance that the Bank of Japan (BoJ) will continue raising interest rates in 2025 turns out to … - [Gold price surges towards $3,500; strong uptrend remains uninterrupted](https://todaymarkets.ae/gold-price-surges-towards-3500-strong-uptrend-remains-uninterrupted/): Gold price (XAU/USD) builds on the previous day’s breakout momentum beyond the $3,400 mark and continues scaling new record highs during the Asian session on Tuesday. Fears that US President Donald Trump’s tariffs and the escalating US-China trade war could dent global economic growth continue to boost demand for the traditional safe-haven bullion. Apart from … - [XAG/USD edges lower to near $32.50 as US Dollar stages a recovery](https://todaymarkets.ae/xag-usd-edges-lower-to-near-32-50-as-us-dollar-stages-a-recovery/): Silver price (XAG/USD) dips slightly during Tuesday’s Asian session, trading around $32.60 per troy ounce, after posting gains in the previous session. The grey metal is under pressure as the US Dollar (USD) regains strength. The US Dollar Index (DXY), which measures the Greenback against six major currencies, hovers near 98.30, supported by a rebound in the … - [WTI trades with positive bias, remains below $63.00 as bulls seem cautious amid tariff jitters](https://todaymarkets.ae/wti-trades-with-positive-bias-remains-below-63-00-as-bulls-seem-cautious-amid-tariff-jitters/): West Texas Intermediate (WTI) US Crude Oil prices edge higher during the Asian session on Tuesday, though the intraday uptick lacks bullish conviction. The commodity remains below a two-week high touched last Friday and currently trades around the $62.80-$62.85 region, up just over 0.30% for the day. Signs of progress in nuclear deal talks between the US and … - [EUR/USD Rises to near 1.1550, four-year highs](https://todaymarkets.ae/eur-usd-rises-to-near-1-1550-four-year-highs/): EUR/USD extends its gains for the third successive session, trading around 1.1530 during the Asian hours on Tuesday. The technical analysis of the daily chart suggests growing buying pressure and as the pair is moving upwards within an ascending channel pattern. Furthermore, the EUR/USD pair remains above the nine-day Exponential Moving Average (EMA), signalling strengthened short-term price … - [USD/INR softens as concerns over Fed’s independence rise](https://todaymarkets.ae/usd-inr-softens-as-concerns-over-feds-independence-rise/): The Indian Rupee (INR) edges higher on Tuesday after hitting a four-month high in the previous session. The rally in Indian equities could provide some support to the Indian currency. Additionally, anxiety over tariffs and criticism of US Federal Reserve (Fed) Chair Jerome Powell by US President Donald Trump could drag the US Dollar (USD) lower and benefit the … - [USD/CHF hovers near 0.8050, 14-year lows due to rising US uncertainty, safe-haven demand](https://todaymarkets.ae/usd-chf-hovers-near-0-8050-14-year-lows-due-to-rising-us-uncertainty-safe-haven-demand/): USD/CHF continues to slide for the third consecutive session, trading near 0.8070 during Tuesday’s Asian session. The pair remains under pressure as the US Dollar (USD) struggles against a backdrop of escalating economic and political uncertainty in the United States. This uncertainty has amplified the Swiss Franc’s (CHF) earlier gains, initially fueled by President Donald Trump’s aggressive reciprocal … - [AUD maintains position, traders focus on global trade negotiations](https://todaymarkets.ae/aud-maintains-position-traders-focus-on-global-trade-negotiations/): The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Tuesday. The AUD/USD pair appreciates as investor sentiment took a hit following renewed criticism from US President Donald Trump directed at Federal Reserve (Fed) Chair Jerome Powell, raising fresh concerns about the Fed’s independence. White House economic advisor Kevin Hassett said on Friday that Trump … - [USD/CAD Hangs near multi-month low; seems vulnerable around 1.3800](https://todaymarkets.ae/usd-cad-hangs-near-multi-month-low-seems-vulnerable-around-1-3800/): The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3780 region, or a six-month low, and attracts fresh sellers during the Asian session on Tuesday. Spot prices drop to the 1.3800 mark in the last hour and seem vulnerable to slide further amid a broadly weaker US Dollar (USD). US President Donald Trump’s back-and-forth tariff … - [Nvidia Shares Plunge 5%](https://todaymarkets.ae/nvidia-shares-plunge-5/): Nvidia shares are falling 5% in today’s trading, a harsh blow on a day when Trump’s pressure on the Fed is being negatively received. However, Nvidia shares face another threat: Huawei’s new chip shipment. Nvidia shares continue to suffer from Trump’s restrictions While Nvidia’s stock fell sharply last week after Trump imposed new restrictions on … - [Nvidia And Tesla Lose 4% as Sentiment Weakens on Wall Street](https://todaymarkets.ae/nvidia-and-tesla-lose-4-as-sentiment-weakens-on-wall-street/): U.S. indices open Monday’s session with losses. Concerns over the trade war have not stabilized over the weekend, and the scenario of no significant deals and further escalation between Washington and Beijing seems to be the base case. Today, no major economic data from the U.S. will be released, and earnings reports are coming from … - [Cocoa Surges 3.5% Triggered by Supportive Q1 Grindings in Europe And Asia](https://todaymarkets.ae/cocoa-surges-3-5-triggered-by-supportive-q1-grindings-in-europe-and-asia/): Cocoa futures (COCOA) are rising nearly 4% today on the ICE exchange. The momentum, fueled by supportive data from Europe and Asia, continues. Last Thursday, cocoa prices surged sharply in response to the first signs of stronger-than-expected global demand. Since then, momentum has pointed to renewed bullish activity, with prices briefly testing the $8,800 per … - [Chart of The Day - Nasdaq 100](https://todaymarkets.ae/chart-of-the-day-nasdaq-100-2/): Futures on the U.S. Nasdaq index (US100) are down nearly 1.3% today, and strong earnings and forecasts from Netflix—whose shares are up nearly 3% in pre-market trading—have not been enough to lift sentiment on Wall Street. This week, two U.S. Big Tech companies are set to report earnings: Tesla (Tuesday, April 22) and Alphabet (Thursday, … - [Bullish EUR/USD as Trump Rattles The Dollar With Threat to Remove Fed Chair Powell](https://todaymarkets.ae/bullish-eur-usd-as-trump-rattles-the-dollar-with-threat-to-remove-fed-chair-powell/): The euro is surging strongly today against the U.S. dollar (USDIDX), which is falling below 98—reaching levels not seen since March 2022. The EURUSD pair is climbing to local highs around 1.155. China has imposed sanctions on members of the U.S. Congress and warned of reciprocal tariffs in response to Washington’s hardline stance on the trade war. … - [Futures Start The Week Lower With The US500 Down 1.3%](https://todaymarkets.ae/futures-start-the-week-lower-with-the-us500-down-1-3/): Sentiment on Wall Street is weak in early Monday trading, with US500 futures down nearly 1.3%. The primary reason is that investors still see no signs of a de-escalation in trade tensions from either the U.S. or China. Beijing has reiterated that it will not accept what it calls the U.S.’s ‘imperial’ stance, and once … - [AUD/JPY falls below 90.50 due to rising odds of BoJ rate hikes](https://todaymarkets.ae/aud-jpy-falls-below-90-50-due-to-rising-odds-of-boj-rate-hikes/): The AUD/JPY pair extends its decline for a second straight session, hovering around 90.40 during Monday’s European trading hours. The Japanese Yen (JPY) continues to strengthen, supported by rising expectations that the Bank of Japan (BoJ) will persist with its interest rate hikes. BoJ Governor Kazuo Ueda recently stated that Japan’s real interest rates remain very low … - [EUR/USD breaks above 1.1500 as Trump mulls over Powell’s removal](https://todaymarkets.ae/eur-usd-breaks-above-1-1500-as-trump-mulls-over-powells-removal/): EUR/USD rallies to near 1.1570 at the start of the week, the highest level seen in three-and-a-half years. The major currency pair strengthens as the US Dollar (USD) falls further due to escalating doubts over its safe-haven status. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, refreshes a three-year low near … - [USD/CAD Declines to near 1.3800 as US Dollar nosedives](https://todaymarkets.ae/usd-cad-declines-to-near-1-3800-as-us-dollar-nosedives/): The USD/CAD pair slides to near 1.3800 in Monday’s European session, the lowest level seen in six months. The Loonie pair slumps as the US Dollar (USD) underperforms its peers, with the Federal Reserve (Fed) under threat from United States (US) President Donald Trump. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, plunges to … - [XAU/USD (GOLD) Surges 2%](https://todaymarkets.ae/xau-usd-gold-surges-2/): Gold hits record $3,400 near as Trump threatens to fire Fed chair, Powell; US dollar sinks 🗽 Gold (GOLD) is up over 2% today, driven by market uncertainty and a weakening U.S. dollar, which took a sharp hit as investors began seriously pricing in the risk of a leadership change at the Federal Reserve after Donald … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-3/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [USD/INR falls as traders brace for US-India trade talks](https://todaymarkets.ae/usd-inr-falls-as-traders-brace-for-us-india-trade-talks/): The Indian Rupee (INR) edges higher on Monday. The renewed foreign inflows and the US Dollar (USD) weakness continue to support the local currency. Concerns over the economic impact of new tariffs on the US economy dragged the Greenback lower.   US Vice President JD Vance arrives in New Delhi on Monday amid the global trade war … - [GBP/JPY Bearish outlook remains in play below 188.50](https://todaymarkets.ae/gbp-jpy-bearish-outlook-remains-in-play-below-188-50/): The GBP/JPY cross weakens to near 188.45 during the early European session on Monday. The ongoing uncertainty over US President Donald Trump’s trade tariffs continues to weigh on investors’ sentiment, which boosts safe-haven currencies like the Japanese Yen (JPY).  According to the daily chart, the bearish outlook of GBP/JPY remains in play as the cross remains … - [EUR/GBP rises above 0.8600, traders focus on US-UK trade talks](https://todaymarkets.ae/eur-gbp-rises-above-0-8600-traders-focus-on-us-uk-trade-talks/): EUR/GBP extends its gains for the second successive session, trading around 0.8600 during the Asian hours on Monday. The currency cross strengthens as the Euro (EUR) advances against its counterparts, supported by persistent weakness in the US Dollar (USD) amid rising concerns about a potential US recession and questions surrounding the Federal Reserve’s (Fed) independence. However, the Euro faced … - [XAG/USD bulls might await move beyond $33.00 before placing fresh bets](https://todaymarkets.ae/xag-usd-bulls-might-await-move-beyond-33-00-before-placing-fresh-bets/): Silver (XAG/USD) attracts some dip-buyers at the start of a new week and touches an intraday high, around the $32.80 region during the Asian session. The white metal, however, remains below the $33.00 mark and a nearly two-week high touched last Thursday, warranting some caution for bullish traders. From a technical perspective, the XAG/USD now seems … - [XAU/USD continues scaling new record highs amid trade jitters, bearish USD](https://todaymarkets.ae/xau-usd-continues-scaling-new-record-highs-amid-trade-jitters-bearish-usd/): Gold price (XAU/USD) regains strong positive traction following Friday’s modest downtick and climbs to a fresh all-time peak, closer to the $3,400 mark at the start of a new week. Trade war concerns continue to fuel recession fears and weigh on investors’ sentiment, which is evident from a weaker tone around the equity markets and … - [JPY adds to strong intraday gains against bearish USD amid the global rush to safety](https://todaymarkets.ae/jpy-adds-to-strong-intraday-gains-against-bearish-usd-amid-the-global-rush-to-safety/): The Japanese Yen (JPY) builds to its strong intraday gains against a broadly weaker US Dollar (USD) and drags the USD/JPY pair further below the 141.00 mark, to the lowest level since September 2024 during the Asian session on Monday. Investors remain worried about the potential economic fallout from the uncertainty about US President Donald Trump’s trade … - [Could BTC join Gold as a global hedge against US Dollar and yield decline?](https://todaymarkets.ae/could-btc-join-gold-as-a-global-hedge-against-us-dollar-and-yield-decline/): As the US dollar teeters on long-term support, yields flash warnings, and USD/JPY unravels, bitcoin’s structure points to a reversal—and a potential role alongside gold as a global safe-haven asset. Bitcoin and Gold: The new twin pillars of safety? A profound shift may be underway in how investors, institutions, and even governments perceive Bitcoin. Traditionally viewed as … - [NZD/USD holds gains above 0.5950 as PBoC maintains interest rates](https://todaymarkets.ae/nzd-usd-holds-gains-above-0-5950-as-pboc-maintains-interest-rates/): NZD/USD continues its winning streak that began on April 9, trading near 0.5970 during Monday’s Asian session. The New Zealand Dollar (NZD) is buoyed by a weaker US Dollar (USD), which is under pressure due to mounting concerns over the US economic fallout from US tariffs. The New Zealand Dollar remains stronger following Monday’s People’s … - [AUD maintains position as PBoC leaves rates unchanged](https://todaymarkets.ae/aud-maintains-position-as-pboc-leaves-rates-unchanged/): The Australian Dollar (AUD) recovers its losses from the previous session against the US Dollar (USD) on Monday. The AUD/USD pair held firm following the People’s Bank of China’s (PBoC) decision to keep its Loan Prime Rates unchanged, maintaining the one-year rate at 3.10% and the five-year rate at 3.60%. The AUD/USD pair gained support as the … - [GBP/USD extends the rally to near 1.3350 on softer US Dollar](https://todaymarkets.ae/gbp-usd-extends-the-rally-to-near-1-3350-on-softer-us-dollar/): The GBP/USD pair extends its upside to near 1.3350 during the early Asian session on Monday. The uptick of the major pair is bolstered by the softer US Dollar (USD) broadly as traders become increasingly confident that the economic policies of US President Donald Trump will lead the economy to a recession.  UK Prime Minister Keir Starmer and … - [USD/INR softens on renewed foreign inflows](https://todaymarkets.ae/usd-inr-softens-on-renewed-foreign-inflows/): The Indian Rupee (INR) edges higher on Monday. The renewed foreign inflows and the US Dollar (USD) weakness continue to support the local currency. Concerns over the economic impact of new tariffs on the US economy dragged the Greenback lower. Investors will closely monitor if US President Donald Trump’s administration reaches new trading agreements with partners.  Meanwhile, … - [USD/CHF breaks below 0.8100 near 14-year lows](https://todaymarkets.ae/usd-chf-breaks-below-0-8100-near-14-year-lows/): The USD/CHF pair dropped to 0.8069 during Monday’s Asian session, marking its lowest level since September 2011, and is trading around 0.8090. The US Dollar (USD) remains under pressure, weighed down by growing fears of economic fallout from the recently imposed US tariffs. The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, … - [EUR/USD rallies hard to reclaim 1.1500 for first time since November 2021](https://todaymarkets.ae/eur-usd-rallies-hard-to-reclaim-1-1500-for-first-time-since-november-2021/): major to clear the 1.1500 threshold for the first time since November 2021. Growing concerns over a US economic recession and the Federal Reserve’s (Fed) independence continue to exert downward pressure on the USD. Meanwhile, a lack of any progress on the trade talks between the US and the European Union (EU) also continues to … - [WTI trades with intraday losses below $63.00 amid progress in US-Iran nuclear talks](https://todaymarkets.ae/wti-trades-with-intraday-losses-below-63-00-amid-progress-in-us-iran-nuclear-talks/): West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a weaker note and for now, seems to have snapped a two-day winning streak to a near two-week high – levels just above the $64.00 mark touched on Friday. The commodity currently trades around the $62.80 region, down nearly 1.5% for the day, and … - [USD/CAD falls to near 1.3800, downside seems limited due to weaker Oil prices](https://todaymarkets.ae/usd-cad-falls-to-near-1-3800-downside-seems-limited-due-to-weaker-oil-prices/): USD/CAD depreciates after registering gains in the previous session, trading around a six-month low at 1.3802 during the Asian hours on Monday. The pair faces headwinds due to the weaker US Dollar (USD), remaining under pressure due to mounting concerns over the US economic fallout from US tariffs. The US Dollar Index (DXY), which measures the USD … - [The Daily Market Summary](https://todaymarkets.ae/the-daily-market-summary-2/): We wish you a peaceful Easter holiday! The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [Ripple Tests Key Support After a 40% Drop in 2025 Peak](https://todaymarkets.ae/ripple-tests-key-support-after-a-40-drop-in-2025-peak/): Bitcoin is consolidating in a narrow range between $82,000 and $86,000, while sentiment across the cryptocurrency market remains mostly subdued. Among the few exceptions, Ripple (XRP) has managed to retain a significant portion of its bull market gains—though the price has still plunged nearly 40% from its January 2025 highs, when XRP traded close to $3.30 per token. Today, HashKey Capital launched a fund offering institutional … - [EUR/USD Consolidates After Reaching 39-Month Highs](https://todaymarkets.ae/eur-usd-consolidates-after-reaching-39-month-highs/): The EUR/USD pair is consolidating after climbing to levels not seen since February 2022, yet it continues to trade near its 39-month highs. The euro remains supported by growing concerns over U.S. consumer strength, coupled with a gradual recovery in the European economy—expected to be further boosted in the coming quarters by a fiscal plan targeting infrastructure and defense … - [Cocoa Bottoms at $8k Per Tonne Mark But, Further Declines Not Ruled Out](https://todaymarkets.ae/cocoa-bottoms-at-8k-per-tonne-mark-but-further-declines-not-ruled-out/): Cocoa prices have lingered near the $8,000 per tonne mark for an extended period. The mid-crop harvest has recently commenced, although supplies from this season will not materialize until later in the year. Currently, the market continues to receive cocoa from the main crop, which has already undergone processing like drying and fermentation. Recent data … - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week-2/): In the coming week, geopolitical themes will once again take center stage for investors. The market awaits the first results of trade negotiations conducted by the U.S. with foreign partners, hoping for an easing of the current restrictions. At the same time, the quarterly earnings season continues in the United States. Interesting macroeconomic data will … - [Trade of The Day - CHF/JPY](https://todaymarkets.ae/trade-of-the-day-chf-jpy/): Facts:The pair bounced off the key technical support area at 173.25The pair is trading above the 100-period moving average from H4 interval Recommendation: Trade: Long position on CHFJPY at market priceTarget: 176.00, 177.25Stop: 172.22 Opinion: CHFJPY reached key technical support today. The price bounced off the lower limit of 1:1 structure, signalling that the short-term trend … - [Chart of The Day - NZD/USD](https://todaymarkets.ae/chart-of-the-day-nzd-usd-3/): The New Zealand dollar traded lower against the US dollar on Friday, settling at $0.591 as higher-than-expected inflation data failed to derail expectations for further RBNZ rate cuts. Inflation Bump Fails to Alter Rate Cut Path New Zealand’s annual inflation rate rose to 2.5% in Q1 2025, slightly above market forecasts of 2.3%, marking the … - [USD/JPY Holds losses below 142.50, support appears at seven-month lows](https://todaymarkets.ae/usd-jpy-holds-losses-below-142-50-support-appears-at-seven-month-lows/): USD/JPY inches lower after registering gains in the previous session, trading around 142.40 during the Asian session on Friday. An analysis of the daily chart showed the pair moves downward within a descending channel, indicating a confirmed bearish bias. The USD/JPY pair continues to trade below the nine-day Exponential Moving Average (EMA), signaling subdued short-term momentum. Meanwhile, … - [USD/CHF remains below 0.8200 due to muted trading activity](https://todaymarkets.ae/usd-chf-remains-below-0-8200-due-to-muted-trading-activity/): USD/CHF slipped slightly during Friday’s Asian trading hours, hovering around 0.8180, after posting gains in the previous session. The pair is under pressure as the US Dollar weakens amid mounting concerns over the economic fallout from US tariffs. Market activity remains muted due to the Good Friday holiday. Federal Reserve Chair Jerome Powell cautioned that persistent inflation coupled with a … - [Economic Calendar - Good Friday Holiday Impacts Markets](https://todaymarkets.ae/economic-calendar-good-friday-holiday-impacts-markets/): With global markets largely closed for the holiday, reaction to economic data will likely be delayed until markets reopen next week. Investors will be watching Fed Member Daly’s comments for any signals on monetary policy direction amid ongoing concerns about inflation and the economic impact of President Trump’s tariff policies. The CFTC speculative positions data … - [Mid Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-2/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Netflix Shares Gain 4% on Strong Q1 2025 Earnings Report](https://todaymarkets.ae/netflix-shares-gain-4-on-strong-q1-2025-earnings-report/): Netflix (NFLX.US) reported first-quarter results that beat expectations on both revenue and earnings per share. The results show that despite economic challenges and declining consumer sentiment in the U.S., entertainment spending remains very strong—both in North America (where revenues slightly missed expectations still up almost 10% YoY) and globally (where performance exceeded forecasts). The company’s operating … - [Corn Slips Lower into 3-day Weekend](https://todaymarkets.ae/corn-slips-lower-into-3-day-weekend/): Corn futures failed to hold the slight midday gains into the close on Thursday, with loses of fractionally to 2 cents. May was back down 8 cents this week, as December was up 2 ½ cents. The front month CmdtyView national average Cash Corn price was down 1 ¾ cents at $4.55 1/2. The markets will be … - [Soybeans Retreat into the Weekend](https://todaymarkets.ae/soybeans-retreat-into-the-weekend/): Soybeans fell lower on Thursday, with losses of 1 to 3 cents heading into the 3-day weekend. May beans were down 6 ¼ cents this week, as November was up 7 cents. CmdtyView’s national front month Cash Bean price was down 2 cents at $9.85 3/4. Soymeal futures was back down 90 cents to $1.00/ton, as Soy Oil futures are up … - [World wheat production for 2024/25 down just 1 MMT](https://todaymarkets.ae/world-wheat-production-for-2024-25-down-just-1-mmt/): The wheat markets closed the Thursday session on the mixed side, pulling back from early gains. Chicago SRW futures saw 1 to 2 cent gains to closed out Thursday, as May was down 7 cents this week. Kansas City HRW was the weak spot, steady to down 3 cents on the day, as May fall back … - [S&P Projects India’s Growth at 6.5% in FY25–26](https://todaymarkets.ae/sp-projects-indias-growth-at-6-5-in-fy25-26/): S&P Global Ratings projects India’s economy to remain steady at 6.5% growth in FY25–26, the fastest in the Asia-Pacific region, driven largely by robust domestic demand and continued government investment. “We expect domestic demand to remain strong, supported by a largely benign monsoon season, cuts in income and goods and services taxes (GST), and accelerating … - [US 10-Year Yield Holds Advance Amid Fed Remarks](https://todaymarkets.ae/us-10-year-yield-holds-advance-amid-fed-remarks/): The US 10-year Treasury yield steadied near 4.14% on Tuesday after rising for four straight sessions, as traders dissected Federal Reserve comments for policy signals. Several officials called for caution on additional rate cuts, citing signs of stabilizing inflation, while new Governor Stephen Miran warned the Fed was misjudging policy tightness and endangering the labor … - [Australia Manufacturing PMI Sees Slower Expansion](https://todaymarkets.ae/australia-manufacturing-pmi-sees-slower-expansion/): The S&P Global Australia Manufacturing PMI fell to 51.6 in September 2025 from 53 in August, marking the eighth consecutive month of expansion. New orders contracted at the fastest pace in eight months, while export demand weakened following a brief uptick in August, with manufacturers citing US tariffs as a key headwind. Business confidence dropped … - [China’s Central Bank Signals Data-Focused Policy to Spur Recovery](https://todaymarkets.ae/chinas-central-bank-signals-data-focused-policy-to-spur-recovery/): China’s central bank chief pledged on Monday to use a range of monetary policy tools to ensure ample liquidity, reduce funding costs, and support the country’s economic recovery. Pan Gongsheng, governor of the People’s Bank of China, said at a news briefing on Monday that the country’s monetary policy is primarily driven by domestic data … - [US Dollar Index holds steady above 97.00 ahead of Fed’s Powell speech](https://todaymarkets.ae/us-dollar-index-holds-steady-above-97-00-ahead-of-feds-powell-speech/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note near 97.30 during the Asian trading hours on Tuesday. The DXY trades on a flat note as traders await remarks by the Federal Reserve policymakers for more clues on the path … - [When is the UK Services PMI and how could it affect GBP/USD?](https://todaymarkets.ae/when-is-the-uk-services-pmi-and-how-could-it-affect-gbp-usd/): The UK services PMI overview The UK economy will release its September Services PMI later in the European session at 0830GMT, which is expected to come in at 53.5, down from 54.2 recorded in the previous month. How could it affect GBP/USD? Ahead of the key data, the GBP/USD pair holds above the 1.3500 psychological mark, though … - [EUR/GBP gathers strength above 0.8700 ahead of Eurozone/UK PMI releases](https://todaymarkets.ae/eur-gbp-gathers-strength-above-0-8700-ahead-of-eurozone-uk-pmi-releases/): The EUR/GBP cross extends the rally to around 0.8735 during the early European session on Tuesday. The Pound Sterling (GBP) softens against the Euro (EUR) amid rising UK fiscal worries, following a significant increase in Britain’s public borrowings. Traders will keep an eye on the preliminary reading of Purchasing Managers’ Index (PMI) reports for September … - [WTI extends the decline below $63.50 on lingering oversupply concerns](https://todaymarkets.ae/wti-extends-the-decline-below-63-50-on-lingering-oversupply-concerns/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.20 during the early Asian trading hours on Tuesday. The WTI extends the decline amid lingering oversupply concerns. Oil traders await the release of the American Petroleum Institute (API) weekly crude oil stock report later on Tuesday.  Reuters reported on Monday that Iraq, the Organization of … - [USD/CAD holds gains near 1.3850 amid lower Oil prices](https://todaymarkets.ae/usd-cad-holds-gains-near-1-3850-amid-lower-oil-prices/): USD/CAD extends its gains for the second successive session, trading around 1.3830 during the Asian hours on Tuesday. The pair draws support as the commodity-linked Canadian Dollar (CAD) weakens on declining Oil prices, given that Canada is the largest Oil exporter to the United States (US). West Texas Intermediate (WTI) Oil price extends its losses for … - [USD/CHF trades subduedly around 0.7920 ahead of Fed Powell’s speech](https://todaymarkets.ae/usd-chf-trades-subduedly-around-0-7920-ahead-of-fed-powells-speech/): The USD/CHF pair demonstrates a subdued performance around 0.7920 during the late Asian trading session on Tuesday. The Swiss Franc pair is expected to stay on the sidelines, with investors awaiting the speech from Federal Reserve (Fed) Chair Jerome Powell scheduled at 16:35 GMT. Investors will pay close attention to Fed Powell’s speech to get cues … - [EUR/JPY - First upside barrier emerges above 174.50](https://todaymarkets.ae/eur-jpy-first-upside-barrier-emerges-above-174-50/): The EUR/JPY cross holds steady near 174.40 during the early European session on Tuesday. Political uncertainty in Japan ahead of the Liberal Democratic Party leadership election scheduled for October 4 could weigh on the Japanese Yen (JPY) against the Euro (EUR). The preliminary reading of HCOB Purchasing Managers’ Index (PMI) reports for September from the Eurozone and Germany … - [Australian Dollar declines as US Dollar holds ground on cautious Fedspeak](https://todaymarkets.ae/australian-dollar-declines-as-us-dollar-holds-ground-on-cautious-fedspeak/): The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Tuesday, following the release of the preliminary Australia’s S&P Global Purchasing Managers’ Index (PMI) data. The AUD/USD pair depreciates as the Greenback edges higher, possibly due to cautious statements from the US Federal Reserve (Fed). Australia’s S&P Global Composite PMI fell to 52.1 in September, … - [AUD/JPY falls below 97.50 as Australia’s PMI data point to slower growth](https://todaymarkets.ae/aud-jpy-falls-below-97-50-as-australias-pmi-data-point-to-slower-growth/): AUD/JPY continues to lose ground for the third successive session, trading around 97.30 during the Asian hours on Tuesday. The currency cross depreciates as the Australian Dollar (AUD) loses ground following the release of the preliminary Australia’s S&P Global Purchasing Managers’ Index (PMI) data. Australia’s S&P Global Composite PMI fell to 52.1 in September, from … - [GBP/JPY trades sideways around mid-199.00s; looks to UK PMIs for fresh impetus](https://todaymarkets.ae/gbp-jpy-trades-sideways-around-mid-199-00s-looks-to-uk-pmis-for-fresh-impetus/): The GBP/JPY cross struggles to capitalize on the previous day’s bounce from the 199.00 neighborhood, or a nearly two-week low, and oscillates in a narrow band during the Asian session on Tuesday. Spot prices currently trade just above mid-199.00s as traders look forward to the release of the flash UK PMIs for some impetus. In … - [JPY bulls seem reluctant as political uncertainty offsets BoJ-Fed divergence](https://todaymarkets.ae/jpy-bulls-seem-reluctant-as-political-uncertainty-offsets-boj-fed-divergence/): The Japanese Yen (JPY) extends its sideways consolidative price move against a mildly positive US Dollar (USD) through the Asian session on Tuesday amid mixed cues. Investors remain worried that the Bank of Japan (BoJ) could further delay raising borrowing costs amid domestic political uncertainty and economic headwinds stemming from US tariffs . This, along with a … - [Gold consolidates near record high; bulls turn caution ahead of Fed's Powell](https://todaymarkets.ae/gold-consolidates-near-record-high-bulls-turn-caution-ahead-of-feds-powell/): Gold (XAU/USD) enters a bullish consolidation phase after touching a fresh record high during the Asian session on Tuesday, as traders turn cautious amid extremely overbought conditions. Moreover, a generally positive tone around the equity markets turns out to be another factor acting as a headwind for the safe-haven commodity. Any meaningful corrective slide, however, … - [USD/INR refreshes all-time high after India's soft PMI data](https://todaymarkets.ae/usd-inr-refreshes-all-time-high-after-indias-soft-pmi-data/): The Indian Rupee (INR) posts a fresh all-time low around 88.85 against the US Dollar on Tuesday after the release of the preliminary India’s HSBC Purchasing Managers’ Index (PMI) data for September. The report showed that the Composite PMI fell to 61.9 from 63.2 in August amid a slowdown in growth in activities in both … - [Offshore Yuan Holds Firm Near 10-Month Peak](https://todaymarkets.ae/offshore-yuan-holds-firm-near-10-month-peak/): The offshore yuan remained steady around 7.11 per dollar on Tuesday, holding firm near its highest level since early November last year, supported by a pressured US dollar, while investors weighed the PBOC’s approach to monetary policy. Analysts expect the dollar to face further downside after the Fed kicked off a fresh rate-cutting cycle last … - [China Stocks Fall on Profit-Taking](https://todaymarkets.ae/china-stocks-fall-on-profit-taking/): The Shanghai Composite slipped 1.1% to below 3,800 while the Shenzhen Component dropped 0.5% to 13,090 on Tuesday, giving back prior-session gains as investors took profits in technology and new energy shares. Mainland markets have grown prone to profit-taking after the Shanghai index hit ten-year highs earlier this month. Traders also kept an eye on … - [South Korean Won Weakens on Fed Tone](https://todaymarkets.ae/south-korean-won-weakens-on-fed-tone/): The South Korean won fell to around 1,394 per dollar on Tuesday, reversing gains in the previous session as markets reassessed US monetary policy signals. Policymakers at the recent Fed speeches emphasized that further rate cuts will be gradual and dependent on incoming data, dampening hopes for aggressive easing and leaving the won on the … - [Palm Oil Slumps to 6-Week Low](https://todaymarkets.ae/palm-oil-slumps-to-6-week-low/): Malaysian palm oil futures tumbled about 3.5% to below MYR 4,230 per tonne, reversing modest gains from the prior session and hitting a six-week low. The drop followed the Malaysian Palm Oil Council’s forecast of MYR 4,200–4,500 in the coming weeks, reflecting tight vegetable oil supply amid soft demand from key markets. Declines in rival … - [Dutch Q2 GDP Growth Revised Up to 0.2%](https://todaymarkets.ae/dutch-q2-gdp-growth-revised-up-to-0-2/): The Netherlands’ GDP grew by 0.2% quarter-on-quarter in Q2 2025, slowing from 0.3% in Q1 and marking the softest growth since Q1 2024, though revised up from initial estimates of 0.1%. The modest increase was driven by a rebound in fixed investments (1.8% vs -2.1% in Q1), supported by a sharp rise in government investments, … - [Cattle Rally, with Expanded Limits Set for Tuesday](https://todaymarkets.ae/cattle-rally-with-expanded-limits-set-for-tuesday/): Live cattle futures posted Monday gains of $2.72 to $4.90. Due to limit gains in some feeder cattle contracts, live cattle limits are expanded to $10.75 on Tuesday. Cash trade has yet to get kicked off on Monday, with last week at $239-240 in the South, with Northern sales of $237-238. Feeder cattle futures closed … - [Coffee Prices Settle Higher as Robusta Surges](https://todaymarkets.ae/coffee-prices-settle-higher-as-robusta-surges/): December arabica coffee (KCZ25) on Monday closed up +0.85 (+0.23%), and November ICE robusta coffee (RMX25) closed up +145 (+3.51%). Coffee prices on Monday settled higher.  Robusta coffee rallied sharply on Monday and pulled arabica coffee higher on concern that forecasted heavy rain over the rest of the month for Vietnam’s Central Highlands, the country’s … - [Cocoa Prices Fall Sharply on Beneficial Rains in the Ivory Coast](https://todaymarkets.ae/cocoa-prices-fall-sharply-on-beneficial-rains-in-the-ivory-coast/): December ICE NY cocoa (CCZ25) on Monday closed down -284 (-3.92%), and December ICE London cocoa #7 (CAZ25) closed down -149 (-2.95%). Cocoa prices retreated on Monday, with NY cocoa dropping to a 10.5-month low and London cocoa sliding to a 2.25-month low.   Beneficial rains in the Ivory Coast are supporting the development of … - [Sugar Prices Retreat on the Outlook for Ample Global Supplies](https://todaymarkets.ae/sugar-prices-retreat-on-the-outlook-for-ample-global-supplies/): October NY world sugar #11 (SBV25) on Monday closed down -0.21 (-1.36%), and December London ICE white sugar #5 (SWZ25) closed down -4.70 (-1.03%). Sugar prices sold off on Monday, with London sugar posting a new 4-year low.   Sugar prices have been sliding over the past six months, with NY sugar slumping to a … - [Cotton Closed with Weakness](https://todaymarkets.ae/cotton-closed-with-weakness/): Cotton futures posted Monday losses of 7 to 10 points in the nearbys at the close, with October down 62 cents. The US dollar index was back down $0.320 on the day to $96.950 and crude oil futures 3 cents lower. Crop Progress data showed a total of 60% of the US cotton crop with … - [Corn Holds Losses, Closing Off the Lows](https://todaymarkets.ae/corn-holds-losses-closing-off-the-lows/): Corn futures popped off the midday losses on Monday though contracts still closed 1 to 2 ½ cents lower across the nearbys.  The CmdtyView national average Cash Corn price was down 1 ¼ cents at $3.75 1/4. USDA reported a private export sale of 320,068 MT of corn to Mexico this morning all for 2025/26. After … - [Wheat Closes Lower](https://todaymarkets.ae/wheat-closes-lower/): The wheat complex continued to slide lower on Monday, with the three exchanges posted losses. CBT soft red wheat futures were 10 to 12 cents in the red on Monday. KC HRW futures posted 4 to 6 cent losses at the close. MPLS spring wheat futures were down 2 to 4 cents on the day.  … - [Soybeans Post Losses as NASS Reported Another Drop in Conditions](https://todaymarkets.ae/soybeans-post-losses-as-nass-reported-another-drop-in-conditions/): Soybeans closed out the Monday session holding onto the losses, as contracts were down 13 to 14 ½ cents. The cmdtyView national average Cash Bean price was down 14 1/2 cents at $9.35 3/4. Soymeal futures were down 70 cents to $4 across the board on Monday, with Soy Oil futures down 45 to 93 at the close. Crop Progress data … - [Copper Steadies Amid Supply Concerns](https://todaymarkets.ae/copper-steadies-amid-supply-concerns/): Copper futures held near $4.56 per pound on Monday after slipping slightly last week, supported by expectations of tighter supply. Chile’s state-owned miner Codelco said its largest operation, El Teniente, may take longer than expected to return to full capacity following a deadly tunnel collapse in July. The company had already projected a 33,000-ton shortfall … - [Iron Ore Holds Steady on Rising Steel Output](https://todaymarkets.ae/iron-ore-holds-steady-on-rising-steel-output/): Iron ore futures hovered around CNY 807 per ton on Monday, staying near two-month highs as Chinese steel production picked up ahead of the National Day holidays. Industry data showed blast furnace operating rates rose 0.2 percentage points to 90.4% last week, driven by resumed activity in Northern China. Hot metal output, a key gauge … - [Gold eyes record high amid Fed's dovish stance and geopolitical risks](https://todaymarkets.ae/gold-eyes-record-high-amid-feds-dovish-stance-and-geopolitical-risks/): Gold (XAU/USD) attracts some follow-through buying for the second straight day on Monday and climbs closer to the $3,700 mark during the Asian session. The US Federal Reserve’s (Fed) dovish signal, indicating that two more rate cuts would follow through the end of this year, turns out to be a key factor acting as a … - [NZD/USD remains subdued near 0.5850 following PBOC rate decision](https://todaymarkets.ae/nzd-usd-remains-subdued-near-0-5850-following-pboc-rate-decision/): NZD/USD continues its losing streak for the fourth successive session, trading around 0.5860 during the Asian hours on Monday. The pair remains subdued after the People’s Bank of China (PBOC) decided to leave its one- and five-year Loan Prime Rates (LPRs) unchanged at 3.00% and 3.50%, respectively. It is worth noting that any change in the Chinese … - [GBP/USD Tests confluence zone around 1.3450 support](https://todaymarkets.ae/gbp-usd-tests-confluence-zone-around-1-3450-support/): The GBP/USD pair continues its four-day losing streak, trading around 1.3460 during the Asian hours on Monday. The bearish shift appears as the daily chart’s technical analysis shows that the pair is on the verge of breaking below the ascending channel pattern. However, the 14-day Relative Strength Index (RSI) remains below the 50 level, strengthening the bearish bias. Additionally, … - [USD/INR gains at open as US immigration crackdown dampens Indian Rupee](https://todaymarkets.ae/usd-inr-gains-at-open-as-us-immigration-crackdown-dampens-indian-rupee/): The Indian Rupee (INR) opens lower against the US Dollar (USD) at the start of the week. The USD/INR pair rises to near 88.40 as the announcement of the one-time hefty $1,00,000 fee on new applicants for H-1B visas by the United States (US) has raised concerns over the outlook of Indian tech companies, which are heavily … - [Australian Dollar struggles as US Dollar remains stronger on cautious Fed](https://todaymarkets.ae/australian-dollar-struggles-as-us-dollar-remains-stronger-on-cautious-fed/): The Australian Dollar (AUD) declines against the US Dollar (USD) on Monday, extending its losses for the fourth successive session. The AUD/USD pair continues its losing streak as the Greenback remains stronger after the Federal Reserve (Fed) indicated no rush to lower borrowing costs quickly in the coming months after delivering an expected rate cut last week. … - [EUR/USD weakens below 1.1750 as Eurozone Consumer Confidence and Fedspeak loom](https://todaymarkets.ae/eur-usd-weakens-below-1-1750-as-eurozone-consumer-confidence-and-fedspeak-loom/): The EUR/USD pair trades in negative territory for the fourth consecutive day around 1.1730 during the early European session on Monday. The major pair edges lower amid the rebound in the US Dollar (USD) after the Federal Reserve (Fed) resumed its easing cycle last week. The Eurozone Consumer Confidence report and Fedspeak will be the highlights later on … - [Japanese Yen languishes near two-week low against stronger USD](https://todaymarkets.ae/japanese-yen-languishes-near-two-week-low-against-stronger-usd/): The Japanese Yen (JPY) slides to a two-week low against a broadly firmer US Dollar (USD) during the Asian session on Monday amid the Bank of Japan (BoJ) uncertainty. In fact, investors remain worried that domestic political uncertainty and economic headwinds stemming from US tariffs could give the BoJ more reasons to delay raising interest rates. … - [GBP/JPY sticks to intraday recovery gains above mid-199.00s amid notable JPY weakness](https://todaymarkets.ae/gbp-jpy-sticks-to-intraday-recovery-gains-above-mid-199-00s-amid-notable-jpy-weakness/): The GBP/JPY cross attracts some buyers near the 199.20 area, or a two-week low touched during the Asian session on Monday, and for now, seems to have stalled last week’s retracement slide from the highest level since July 2024. Spot prices currently trade around the 199.60-199.65 region, up 0.15% for the day amid a broadly … - [USD/CHF refreshes weekly high around 0.7970 as US Dollar outperforms](https://todaymarkets.ae/usd-chf-refreshes-weekly-high-around-0-7970-as-us-dollar-outperforms/): The USD/CHF pair posts a fresh weekly high around 0.7970 during the late Asian trading session on Monday. The Swiss Franc pair strengthens as the US Dollar (USD) outperforms its peers over the past few days since the monetary policy announcement by the Federal Reserve (Fed) on Wednesday. During the press time, the US Dollar Index (DXY), which tracks the … - [RBA Signals Vigilance Amid Steady Data, Gradual Rate Cuts](https://todaymarkets.ae/rba-signals-vigilance-amid-steady-data-gradual-rate-cuts/): The Reserve Bank of Australia remains vigilant to shifts in the economic outlook, though recent data have largely met expectations, Governor Michele Bullock said Monday. Speaking to lawmakers, Bullock noted that recent rate cuts are expected to support household and business spending, but global conditions remain “uncertain and unpredictable.” She added, “Since the August meeting, … - [Silver Hits Fresh 14-Year High](https://todaymarkets.ae/silver-hits-fresh-14-year-high/): Silver rose to around $43.5 per ounce on Monday, reaching a fresh 14-year high as expectations of further US Federal Reserve rate cuts bolstered demand for precious metals. Last week, the Fed delivered a widely anticipated 25 basis point cut, the first since December, while signaling the possibility of two more reductions this year. Investors … - [Beijing Targets Excess Steel Output in New Crackdown](https://todaymarkets.ae/beijing-targets-excess-steel-output-in-new-crackdown/): China will “strictly” curb new steel production capacity, state broadcaster CCTV reported Monday, as the country moves to tackle overcapacity that has depressed prices and triggered protectionist responses abroad. The Ministry of Industry and Information Technology, along with other departments, aims to stabilize growth in the sector through 2025 and 2026. “The plan involves implementing … - [Palm Oil Starts Week on Firm Footing](https://todaymarkets.ae/palm-oil-starts-week-on-firm-footing/): Malaysian palm oil futures climbed nearly 1%, trading above MYR 4,450 per tonne and snapping two sessions of losses, supported by a weaker ringgit and stronger rival soyoil on the Dalian exchange. Firmer crude oil prices, driven by geopolitical tensions in Europe and the Middle East, also lent support. On the demand side, cargo surveyor … - [Dutch Consumer Confidence Steady in September](https://todaymarkets.ae/dutch-consumer-confidence-steady-in-september/): The consumer confidence indicator in the Netherlands remained at -32 in September 2025, unchanged from the past two months. The economic climate assessment dipped slightly to -53 from -52, while opinions on the economic situation over the past twelve months also weakened marginally, falling to -62 from -61. Willingness to buy improved slightly to -18 … - [Tech Sector Drags Indian Markets Lower](https://todaymarkets.ae/tech-sector-drags-indian-markets-lower/): The BSE Sensex fell 170 points, or 0.2%, to 82,456 in morning trade on Monday, extending losses from the previous session, primarily weighed down by weakness in the tech sector. Tech stocks plunged 2.4% after US President Trump imposed a USD 100,000 fee on new H-1B visa applications, threatening the sector’s long-standing model of rotating … - [White House Unveils TikTok Deal with U.S. Majority Control](https://todaymarkets.ae/white-house-unveils-tiktok-deal-with-u-s-majority-control/): The White House has announced that US companies will take control of TikTok’s algorithm and Americans will hold six of seven board seats for its U.S. operations under a long-awaited deal with China. Press secretary Karoline Leavitt said it could be signed “in the coming days,” though Beijing has yet to comment. Washington has pushed … - [Congo Ends Cobalt Export Ban, Sets Annual Quotas](https://todaymarkets.ae/congo-ends-cobalt-export-ban-sets-annual-quotas/): The Democratic Republic of Congo will lift its cobalt export ban on October 16 and replace it with annual quotas to manage global supply, the country’s strategic minerals regulator said. Miners may ship up to 18,125 tons for the rest of 2025, with annual caps of 96,600 tons in 2026 and 2027, according to the … - [US Futures Steady to Begin the Week](https://todaymarkets.ae/us-futures-steady-to-begin-the-week/): US stock futures were little changed on Monday as investors awaited new catalysts to drive momentum. Attention this week centers on the latest personal consumption expenditures price index, the Federal Reserve’s preferred inflation measure, which is expected to show subdued price pressures. Last week, the Dow advanced 1.05%, the S&P 500 gained 1.22% and the … - [IMF Estimates Mexico's GDP Growth to Slow to 1% in 2025](https://todaymarkets.ae/imf-estimates-mexicos-gdp-growth-to-slow-to-1-in-2025/): The International Monetary Fund (IMF) expects Mexico’s economy to grow by 1.0% in 2025, down from 1.4% in 2024, before ticking up to 1.5% in 2026. The forecast is below the Mexican government’s projection of growth between 1.8% and 2.8% next year, while the budget deficit is expected to fall slightly to 4.10%. The agency … - [ASX 200 Rebounds on Gold and Uranium Boost](https://todaymarkets.ae/asx-200-rebounds-on-gold-and-uranium-boost/): The S&P/ASX 200 advanced 0.8% to 8,842 on Monday, rebounding from a notable decline last week as gold and uranium stocks led the gains. Gold miners were standout performers, with Genesis Minerals (8.8%), Regis Resources (7.5%), Vault Minerals (6.4%), and Capricorn Metals (6%) rallying on the back of a firmer gold price and renewed investor … - [Oil Gains Amid Geopolitical Tensions, New Russia Sanctions](https://todaymarkets.ae/oil-gains-amid-geopolitical-tensions-new-russia-sanctions/): WTI crude oil futures rose to $62.7 per barrel on Monday after a three-day decline, amid geopolitical tensions in Europe and the prospect of fresh EU sanctions against Russia. Reports over the weekend of Russian airstrikes on western Ukraine near the border of Poland, airspace violations in Estonia, and the entry of a Russian military … - [China Holds LPR Steady for Fourth Straight Month](https://todaymarkets.ae/china-holds-lpr-steady-for-fourth-straight-month/): The People’s Bank of China (PBOC) kept key lending rates at record lows for the fourth consecutive month during the September fixing, in line with market expectations. The move followed the central bank’s decision to leave the seven-day reverse repo rate unchanged last Thursday. The decision came amid easing Sino-US trade tensions, even as growing … - [Gold Near Record Highs](https://todaymarkets.ae/gold-near-record-highs/): Gold prices edged up to around $3,690 per ounce on Monday, hovering near record levels, as investors looked ahead to key US inflation data and comments from several Federal Reserve officials this week for further policy guidance. Last week, the Fed delivered its first rate cut of the year and signaled further reductions ahead as … - [Offshore Yuan Steadies as PBOC Holds Rates](https://todaymarkets.ae/offshore-yuan-steadies-as-pboc-holds-rates/): The offshore yuan steadied around 7.12 per dollar on Monday, halting two consecutive sessions of losses as investors assessed the PBOC’s key lending rate decision. The central bank held its benchmark loan prime rates unchanged for the fourth straight month at record lows, in line with market expectations, even after the US Federal Reserve cut … - [China Stocks Wobble as PBOC Holds Rates](https://todaymarkets.ae/china-stocks-wobble-as-pboc-holds-rates/): The Shanghai Composite slipped 0.2% to around 3,810, while the Shenzhen Component edged up 0.1% to 13,080 on Monday, as mainland stocks showed a mixed performance amid the latest central bank policy update. The People’s Bank of China kept its one- and five-year loan prime rates steady at 3% and 3.5% for the fourth consecutive … - [US 10-Year Yield Edges Higher as Fed Remains in Focus](https://todaymarkets.ae/us-10-year-yield-edges-higher-as-fed-remains-in-focus/): The yield on the US 10-year Treasury note rose to around 4.15% on Monday, marking a fourth consecutive session of gains as investors anticipated fresh commentary from Federal Reserve officials and a key US inflation report this week. Chair Jerome Powell and about nine other Fed officials are scheduled to speak, with markets closely watching … - [Japan 10-Year Yield Hits 17-Year High](https://todaymarkets.ae/japan-10-year-yield-hits-17-year-high/): Japan’s 10-year government bond yield rose above 1.65% on Monday, hitting a fresh 17-year high as investors digested the latest central bank decision. On Friday, the Bank of Japan kept its policy rate unchanged at 0.5% for the fifth consecutive meeting, as expected. The central bank noted that the economy is recovering moderately but highlighted … - [South Korean Won Firms on Risk-On Mood](https://todaymarkets.ae/south-korean-won-firms-on-risk-on-mood/): The Korean won rose to around 1,392 per USD on Monday, recovering from recent losses as global sentiment improved. Asian equities advanced after the Fed’s rate cut, with traders watching for cues on further easing. At the same time, optimism also built ahead of China’s loan prime rate decision this week, with hopes that authorities … - [Australia 10-Year Yield Approaches 2-Week High](https://todaymarkets.ae/australia-10-year-yield-approaches-2-week-high/): Australia’s 10-year government bond yield rose to around 4.29% on Monday, nearing a two-week high, as investors digested RBA comments emphasizing a measured approach to rate cuts. Governor Michelle Bullock said the central bank would remain alert to shifts in the economic outlook, noting that recent data have broadly aligned with expectations. While recent rate … - [India, U.S. Resume Trade Talks as Goyal Heads to Washington](https://todaymarkets.ae/india-u-s-resume-trade-talks-as-goyal-heads-to-washington/): India’s Trade Minister Piyush Goyal will visit Washington today, September 22, to push forward a long-pending trade deal, following renewed talks last week. “The delegation plans to take forward the discussions with a view to achieving early conclusion of a mutually beneficial trade agreement,” an official statement said. On September 16, U.S. Assistant Trade Representative … - [EU Proposes Early Ban on Russian Gas in New Sanctions Push](https://todaymarkets.ae/eu-proposes-early-ban-on-russian-gas-in-new-sanctions-push/): The European Union has proposed accelerating its ban on Russian gas imports by one year, aiming to phase out liquefied natural gas purchases from Russia by January 2027. The move is part of the bloc’s 19th sanctions package since Moscow’s 2022 invasion of Ukraine, designed to weaken Russia’s war financing and align with pressure from … - [Mexican Peso Strengthened to 10-Month High](https://todaymarkets.ae/mexican-peso-strengthened-to-10-month-high/): The Mexican peso strengthened toward 18.81 per USD, reaching ten-month highs on the back of easing geopolitical strains, dovish signals from the Fed and resilient domestic fundamentals. Despite unemployment ticking up to 2.7% in May, the labour market remains historically tight, supporting consumption and incomes even as Q1 GDP contracted mildly, underpinning Banxico’s cautiously accommodative … - [Week Ahead - June 30th](https://todaymarkets.ae/week-ahead-june-30th/): Next week, investor attention will turn to developments in trade negotiations between the US and its key trading partners, with the July 9th deadline, that marks the end of April’s 90-day pause on US tariffs, approaching. Markets will also focus on the ECB Central Bank Forum, where top policymakers, including Fed Chair Jerome Powell, are … - [Gold Extends Losses for 2nd Week](https://todaymarkets.ae/gold-extends-losses-for-2nd-week/): Gold fell over 1.5% to below $3,270 per ounce on Friday, heading for a 3% weekly decline, its second straight weekly loss, as easing geopolitical tensions and improving global trade prospects reduced demand for safe-haven assets. A fragile ceasefire between Israel and Iran held, and US Commerce Secretary Howard Lutnick said trade frameworks with China … - [US Natgas Prices Snap 5-Day Losing Streak](https://todaymarkets.ae/us-natgas-prices-snap-5-day-losing-streak/): US natural gas futures jumped about 5% to $3.7/MMBtu on Friday, snapping a five-day losing streak, as LNG export activity started to recover. Gas flows to the eight major US LNG plants averaged 14.2 bcfd in June, still below May’s 15 bcfd and April’s record 16 bcfd, but slightly higher than earlier in the month … - [US Michigan Consumer Sentiment Revised Slightly Higher](https://todaymarkets.ae/us-michigan-consumer-sentiment-revised-slightly-higher/): The University of Michigan’s consumer sentiment index for the US was revised higher to 60.7 in June 2025 from a preliminary of 60.5, compared to 52.2 in May. Consumer sentiment rose for the first time in six months, led by a broad based improvement across numerous facets of the economy, with expectations for personal finances … - [Ibovespa Dips as Markets Await Key Speeches](https://todaymarkets.ae/ibovespa-dips-as-markets-await-key-speeches/): The Ibovespa edged down 0.3% early Friday, trading below 137,000 as investors await remarks from the Finance Minister and the central bank’s Economic Policy Director. Attention abroad focused on trade tensions and US PCE core inflation, which rose 2.7% year-over-year and 0.2% monthly, above expectations. Locally, Brazil’s jobless rate stood at 6.2% in the three … - [TSX Declines, Still Poised for Weekly Gains](https://todaymarkets.ae/tsx-declines-still-poised-for-weekly-gains/): The S&P/TSX Composite Index fell around 0.2% to below the 26,730 mark on Friday, trimming some of the weekly gains to around 0.8% amid falling gold prices, economic stagnation, and shifting policy expectations weighing on Canadian equities. Major mining equities led the decline with Agnico Eagle, Wheaton Precious, Barrick Gold, and Franco-Nevada tumbling between 2% … - [S&P 500, Nasdaq Reach New Records](https://todaymarkets.ae/sp-500-nasdaq-reach-new-records/): US stocks reached new peaks on Friday as optimism of relaxed trade policy and confidence about rate cuts by the Federal Reserve outweighed pessimistic economic data. The S&P 500 and the Nasdaq 100 rose 0.8% to a new record while the Dow gained 600 points. Commerce Secretary Lutnick stated that the US reached a trade … - [Canadian Dollar Steady After Monthly GDP](https://todaymarkets.ae/canadian-dollar-steady-after-monthly-gdp/): The Canadian dollar stabilized around 1.365 per USD, after retreating from its eight-month low of 1.354 seen June 16th, as a softer greenback amid hopes for Fed easing continue to prop up most currencies even as the Canadian dollar pares a bit from its recent rebound. Domestically, the Canadian economy is likely set for a … - [Futures Trim Gains After PCE Data](https://todaymarkets.ae/futures-trim-gains-after-pce-data/): US stock futures trimmed their gains but remained higher on Friday amid evidence of a slowing economy. The S&P 500 and the Nasdaq 100 were set to open 0.4% higher at records, while Dow contracts were 200 points higher. New data showed that personal spending and income unexpectedly contracted in May, while core PCE inflation … - [Treasury Yields Rise Slightly](https://todaymarkets.ae/treasury-yields-rise-slightly/): The yield on the US 10-year Treasury note edged up to 4.26% on Friday, following five consecutive sessions of decline, as traders increasingly bet the Fed will cut rates sooner rather than later. Recent PCE data showed price pressures remain limited while consumer spending fell by the most since the start of the year in … - [DXY Heads for Over 1.5% Weekly Loss](https://todaymarkets.ae/dxy-heads-for-over-1-5-weekly-loss/): The dollar fell more than 1.5% to below 97.3 this week, hovering near its lowest level since February 2022, driven by mounting expectations of Fed rate cuts. Chair Powell struck a notably dovish tone during recent congressional testimony, suggesting that in the absence of inflationary pressures from tariffs, the Fed would have continued its rate-cutting … - [Canadian Economy Set for a 0.1% Contraction in May](https://todaymarkets.ae/canadian-economy-set-for-a-0-1-contraction-in-may/): The Canadian GDP decreased by 0.1% from the previous month in May 2025, according to advance estimates, with declines in mining, quarrying, and oil and gas extraction, public administration and retail trade partially offset by an increase in real estate and rental and leasing. In turn, GDP contracted by 0.1% from the previous month in … - [Mexico Unemployment Rate Inches Up in May](https://todaymarkets.ae/mexico-unemployment-rate-inches-up-in-may/): Mexico’s unemployment rate rose slightly to 2.7% in May 2025 from 2.6% a year earlier, with 1.7 million people unemployed—an increase of 83,000. Of the jobless, 42.6% had been unemployed for a month or less, and 32.2% for one to three months. The female jobless population rose from 632,000 to 715,000, while the male total … - [US PCE Prices Rise 0.1%, Core Accelerates](https://todaymarkets.ae/us-pce-prices-rise-0-1-core-accelerates-2/): The US Personal Consumption Expenditures (PCE) price index rose by 0.1% month-over-month in May 2025, the same as in April and in line with expectations. Prices for goods were up 0.1%, the same as in April and prices for services rose 0.2%, above 0.1% in the previous month. The core PCE index, which excludes volatile … - [Brazil Unemployment Rate Falls to 6.2%](https://todaymarkets.ae/brazil-unemployment-rate-falls-to-6-2/): The unemployment rate in Brazil fell to 6.2% in the three months ending May 2025, down from 6.8% in the quarter ending February, the lowest level in a year, and below market expectations of 6.4%. The number of people in employment rose by 1.2% to 103.9 million, as did the record growth in the number … - [US Personal Spending Unexpectedly Contracts](https://todaymarkets.ae/us-personal-spending-unexpectedly-contracts/): Personal consumption expenditures (PCE) in the United States fell by 0.1% from the previous month to $21.441 trillion in May of 2025, following the 0.2% increase in the previous month, and contrasting with expectations of a 0.1% increase. It was the first contraction since January, suggesting that tariffs and economic uncertainty may have hampered consumer’s … - [US PCE Prices Rise 0.1%, Core Accelerates](https://todaymarkets.ae/us-pce-prices-rise-0-1-core-accelerates/): The US Personal Consumption Expenditures (PCE) price index rose by 0.1% month-over-month in May 2025, the same as in April and in line with expectations. Prices for goods were up 0.1%, the same as in April and prices for services rose 0.2%, above 0.1% in the previous month. The core PCE index, which excludes volatile … - [Gold price drops to $3,300 neighborhood amid modest USD strength](https://todaymarkets.ae/gold-price-drops-to-3300-neighborhood-amid-modest-usd-strength/): Gold price (XAU/USD) attracts fresh sellers during the Asian session on Tuesday and drops to the $3,300 neighborhood in the last hour, closer to a one-week low touched the previous day. The optimism over US-China trade talks undermines safe-haven assets, which, along with a goodish pickup in the US Dollar (USD) demand, turn out to … - [USD/INR falls for fourth straight day amid US-China trade talks](https://todaymarkets.ae/usd-inr-falls-for-fourth-straight-day-amid-us-china-trade-talks/): The Indian Rupee outperforms its peers during Asian trading hours on Tuesday. The Indian currency gains as investors await the release of the Consumer Price Index (CPI) data for May, scheduled for Thursday. As measured by the CPI, US inflation is estimated to have risen by 3% year-over-year, slower than the 3.16% growth seen in April. Soft … - [AUD/USD rises despite improved US Dollar ahead of US-China second meeting](https://todaymarkets.ae/aud-usd-rises-despite-improved-us-dollar-ahead-of-us-china-second-meeting/): The Australian Dollar (AUD) advances against the US Dollar (USD) on Tuesday, extending its gains for the second successive day. The AUD/USD pair receives support from hopes for a cooldown in the United States’ (US) latest broad tariff tensions with China. Any economic update from China could impact AUD as China and Australia are close … - [USD/CHF holds positive ground above 0.8200, eyes on US-China trade talks](https://todaymarkets.ae/usd-chf-holds-positive-ground-above-0-8200-eyes-on-us-china-trade-talks/): The USD/CHF pair trades in positive territory around 0.8225 during the Asian trading hours on Tuesday. The optimism over the resumption of US-China trade talks provides some support for the Greenback. The US Consumer Price Index (CPI) report for May will be in the spotlight on Wednesday.  US-China trade talks were scheduled to continue in London on Tuesday, … - [EUR/GBP consolidates above 0.8400 mark, looks to UK jobs data for fresh impetus](https://todaymarkets.ae/eur-gbp-consolidates-above-0-8400-mark-looks-to-uk-jobs-data-for-fresh-impetus/): The EUR/GBP cross ticks lower during the Asian session on Tuesday, though it lacks follow-through and remains confined in a familiar range held over the past week or so. Spot prices hold above the 0.8400 mark as traders now look forward to the UK jobs data for some meaningful impetus and positioning for a firm … - [AUD/JPY jumps to near 94.50 as investors lack clarity on BoJ’s monetary policy outlook](https://todaymarkets.ae/aud-jpy-jumps-to-near-94-50-as-investors-lack-clarity-on-bojs-monetary-policy-outlook/): The AUD/JPY pair climbs to near 94.50 during Asian trading hours, extending its winning streak for the are fourth trading day on Tuesday. The cross strengthens as the Japanese Yen (JPY) underperforms its peers, while investors turning cautious about whether the Bank of Japan (BoJ) will raise interest rates again this year. Japanese Yen PRICE Today The … - [USD/JPY remains on the back foot; bears seem reluctant amid hawkish BoJ expectations](https://todaymarkets.ae/usd-jpy-remains-on-the-back-foot-bears-seem-reluctant-amid-hawkish-boj-expectations/): The Japanese Yen (JPY) remains on the back foot against a broadly recovery US Dollar (USD), though it has managed to trim a part of intraday losses to a nearly two-week low touched during the Asian session on Tuesday. The optimism over the ongoing US-China trade talks turns out to be a key factor undermining … - [Crude Prices Climb on Hopes of Easing of US-China Trade Tensions](https://todaymarkets.ae/crude-prices-climb-on-hopes-of-easing-of-us-china-trade-tensions/): July WTI crude oil (CLN25) Monday closed up +0.71 (+1.10%), and July RBOB gasoline (RBN25) closed up +0.0184 (+0.89%). Crude oil and gasoline prices settled higher Monday, with crude reaching a 2-1/4 month high and gasoline reaching a 1-week high.  Monday’s weaker dollar was bullish for energy prices.  Also, oil prices have support from hopes … - [Nat-gas Prices Fall on Ample Storage and Cooler US Temps](https://todaymarkets.ae/nat-gas-prices-fall-on-ample-storage-and-cooler-us-temps/): July Nymex natural gas (NGN25) on Monday closed down by -0.149 (-3.94%). July nat-gas prices on Monday tumbled to a 1-week low and settled sharply lower.   Nat-gas prices sold off Monday due to abundant US nat-gas supplies and the outlook for higher US nat-gas production.  As of May 30, nat-gas inventories were +4.7% above … - [Coffee Prices Settle Higher as the Brazilian Real Rallies](https://todaymarkets.ae/coffee-prices-settle-higher-as-the-brazilian-real-rallies/): July arabica coffee (KCN25) Monday closed up +3.50 (+0.98%), and July ICE robusta coffee (RMN25) closed up +82 (+1.85%). Coffee prices on Monday shook off early losses and moved higher on strength in the Brazilian real.  The real (^USDBRL) climbed to an 8-month high against the dollar Monday, discouraging export selling from Brazil’s coffee producers. … - [Cocoa Prices Pressured by Beneficial Rain in West Africa](https://todaymarkets.ae/cocoa-prices-pressured-by-beneficial-rain-in-west-africa/): July ICE NY cocoa (CCN25) Monday closed down -85 (-0.83%), and July ICE London cocoa #7 (CAN25) closed down -22 (-0.32%). Cocoa prices retreated on Monday due to the outlook for additional rainfall in West Africa, which is improving the prospects for the region’s cocoa crop.  Weather forecasts are calling for showers to continue through … - [Strength in Crude Oil and the Brazilian Real Lifts Sugar Prices](https://todaymarkets.ae/strength-in-crude-oil-and-the-brazilian-real-lifts-sugar-prices/): July NY world sugar #11 (SBN25) Monday closed up +0.18 (+1.09%), and August London ICE white sugar #5 (SWQ25) closed up +7.20 (+1.55%). Sugar prices rose on Monday as strength in crude oil and the Brazilian real prompted some short covering in sugar futures.  WTI crude oil (CLN25) climbed to a 2-1/4 month high Monday, … - [USDA reported 76% of the US cotton crop planted as of Sunday](https://todaymarkets.ae/usda-reported-76-of-the-us-cotton-crop-planted-as-of-sunday/): Cotton futures closed with gains of 14 to 37 points on Monday, with October down 54 points. Crude oil prices were up $0.80/barrel, with the US dollar index back down $0.152 to $98.990.  USDA reported 76% of the US cotton crop planted as of Sunday, lagging the 80% average pace. The crop was 12% squared, … - [Cattle Extends to New All Time Highs](https://todaymarkets.ae/cattle-extends-to-new-all-time-highs/): Live cattle futures posted Monday gains of 35 to 70 cents on Monday. Today was first notice day for June live cattle, with no deliveries issued. Cash trade last week saw wide ranges mostly $225-232 in the South and topping near $235. North action was mostly $240-242, reaching $244 in some spots. Feeder cattle futures … - [Wheat Falls By Double Digits ](https://todaymarkets.ae/wheat-falls-by-double-digits/): The wheat complex was weaker from the Monday morning open to the close, with losses across the three markets. Chicago SRW futures were back down 11 to 13 cents on Monday. Kansas City HRW contracts were also 11 to 13 cents lower on the day. Minneapolis spring wheat futures wre 11 to 13 cents in … - [Soybeans Ease Back Lower](https://todaymarkets.ae/soybeans-ease-back-lower/): The soybean market posted 1 to 7 cent losses on Monday, led by the new crop contracts. The cmdtyView Cash Bean price was down 1 1/4 cents to $10.11 1/2. Soymeal futures were down 20 cents to $1.60/ton, as Soy Oil was 12 to 17 points lower in the nearbys.  Weekly Crop Progress data from USDA showed 90% of the US … - [Corn futures posting losses of 9 to 11 ¼ cents across most months](https://todaymarkets.ae/corn-futures-posting-losses-of-9-to-11-%c2%bc-cents-across-most-months/): Corn futures closed the Monday session with contracts under pressure, posing losses of 9 to 11 ¼ cents across most months. The front month CmdtyView national average Cash Corn price was down 8 3/4 at $4.09 1/2. NASS Crop Progress data showed the US corn crop at 97% planted, on pace with the 5-year average, as emergence … - [The week ahead: US CPI, UK spending plans and high hopes for Apple](https://todaymarkets.ae/the-week-ahead-us-cpi-uk-spending-plans-and-high-hopes-for-apple/): Financial markets felt  the effects of the better-than-expected US jobs report for May last week. The US economy created 139k jobs last month, which defied some expectations for jobs growth to crash due to US trade policy. This news was greeted by a stock market rally in the US. The S&P 500 rose by 1%, … - [XAU/USD price shows resilience below $3,300 and rebounds from one-week low](https://todaymarkets.ae/xau-usd-price-shows-resilience-below-3300-and-rebounds-from-one-week-low/): Gold price (XAU/USD) is extending last week’s retracement slide from a nearly one-month peak – levels just above the $3,400 mark and losing ground for the third consecutive day on Monday. The intraday descent drags the commodity to sub-$3,300 levels, or a one-week low during the Asian session, though it lacks follow-through amid a broadly … - [Gold price slides back closer to $3,300 amid tariff deals optimism](https://todaymarkets.ae/gold-price-slides-back-closer-to-3300-amid-tariff-deals-optimism/): Gold price (XAU/USD) struggles to capitalize on the previous day’s bounce from the vicinity of the $3,265-3,260 pivotal support and attracts fresh sellers during the Asian session on Tuesday. Despite mixed signals from the US and China, investors remain hopeful over the potential de-escalation of trade tensions between the world’s two largest economies. Furthermore, signs … - [XAG/USD holds losses near $33.00 as demand for metals weakens](https://todaymarkets.ae/xag-usd-holds-losses-near-33-00-as-demand-for-metals-weakens/): Silver price (XAG/USD) is depreciating after registering gains in the previous day, trading around $33.00 per troy ounce during the Asian hours on Tuesday. The safe-haven demand for precious metals, including Silver, continues to weaken as trade-war concerns ease. At the same time, dollar-denominated Silver loses its appeal, with the strengthening US Dollar (USD) making it … - [Cotton Weakness Starting on Monday](https://todaymarkets.ae/cotton-weakness-starting-on-monday/): Cotton price action is down 85 to 95 points on Monday morning. Futures posted Friday losses of 37 to 45 points to round out the week that saw July up 167 points. The outside markets were mixed, with crude oil futures back up 39 cents/barrel and the US dollar index up $0.202 to $99.370  Weekly … - [European Shares Start The Week In The Green](https://todaymarkets.ae/european-shares-start-the-week-in-the-green/): Overall market situation: Markets are resuming trading after the weekend. European index futures are trading higher. The German DAX is currently up 0.51% in the cash market, while the French CAC40 is adding 0.63%. The economic calendar for today’s session is relatively empty. Investors will focus on the upcoming comments on tariffs and quarterly earnings … - [Domino's Shares Fall Despite Solid Earnings](https://todaymarkets.ae/dominos-shares-fall-despite-solid-earnings/): Domino’s Pizza Inc. (DPZ) shares fell 2.2% in premarket trading Monday after the pizza chain’s mixed first-quarter results showed strength internationally but weakness in its domestic market. Q1 Results Show Mixed Performance Domino’s reported first-quarter earnings of $4.33 per share, up 21% from $3.58 per share a year earlier and above the analyst estimate of $4.05. However, … - [Gold edges lower with trade deals getting underway according to Bessent and Rollins](https://todaymarkets.ae/gold-edges-lower-with-trade-deals-getting-underway-according-to-bessent-and-rollins/): Gold price (XAU/USD) is dipping lower at the start of the week, trading around $3,280 at the time of writing on Monday. The correction comes after a television interview at ABC with United States (US) Treasury Secretary Scott Bessent on Sunday, who mentioned that several big deals were on the table with Asian countries. “If … - [GBP gains against US Dollar amid uncertainty over US-China trade talks ](https://todaymarkets.ae/gbp-gains-against-us-dollar-amid-uncertainty-over-us-china-trade-talks/): The Pound Sterling (GBP) jumps higher to near 1.3350 against the US Dollar (USD) in Monday’s European session. The GBP/USD pair gains as the US Dollar (USD) trades cautiously as investors try to seek clarity about whether the United States (US) and China are actively discussing the terms and conditions of a trade deal.  The US Dollar Index (DXY), … - [WTI falls to near $62.50 due to potential Iranian crude, OPEC+ production increase](https://todaymarkets.ae/wti-falls-to-near-62-50-due-to-potential-iranian-crude-opec-production-increase/): West Texas Intermediate (WTI) Oil price is trading lower at around $62.70 per barrel during the European hours on Monday. Crude Oil prices continue to decline as progress in US-Iran nuclear talks raises the prospect of Iranian crude re-entering the market. Furthermore, expectations that Organization of the Petroleum Exporting Countries and its allies, OPEC+, could … - [Chart of The Day - Bitcoin](https://todaymarkets.ae/chart-of-the-day-bitcoin-7/): Positive sentiment in the cryptocurrency market continues after the weekend. Bitcoin is gaining 1.10% today to 94,800 USD, and Ethereum is trading 0.80% higher around 1,806 USD. Liquidity is also starting to return to lower-cap projects, where we are seeing the first stronger gains since the beginning of the year. Last Monday, April 21, 2025, … - [Economic Calendar - A Quite Start to The Week](https://todaymarkets.ae/economic-calendar-a-quite-start-to-the-week/): We are starting the week in a fairly calm mood. No major macroeconomic reports are scheduled for today. However, later in the week, we will learn, among other things, labor market data from the United States on Wednesday and Friday. Moreover, earnings season is currently underway on Wall Street. This week, investors’ attention will turn … - [USD/CHF softens below 0.8300 amid US trade confusion](https://todaymarkets.ae/usd-chf-softens-below-0-8300-amid-us-trade-confusion/): The USD/CHF pair attracts some sellers to near 0.8270 during the early European session on Monday. Trade-related uncertainties between the US and China and persistent geopolitical risks boost the safe-haven demand, benefiting the Swiss Franc (CHF). The preliminary reading of the US Gross Domestic Product (GDP) for the first quarter (Q1) and the April employment report will … - [Looking at The Week Ahead](https://todaymarkets.ae/looking-at-the-week-ahead/): The Week Ahead: tech earnings, elections, and payrolls It could be a cautious start to the week for equities as the market focuses on US tech earnings and bank and auto results in the UK and Europe. US stock market futures are pointing to a lower open, however, Asian shares managed to eke out a … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-7/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [GBP/USD Finds support near 1.3300 after breaking below ascending channel](https://todaymarkets.ae/gbp-usd-finds-support-near-1-3300-after-breaking-below-ascending-channel/): The GBP/USD pair steadies around 1.3320 during Asian trading hours on Monday, after posting losses in the previous session. Technical analysis on the daily chart suggests a weakening bullish trend, as the pair breaks below its ascending channel pattern. However, the GBP/USD pair continues to trade above the nine-day Exponential Moving Average (EMA), reinforcing short-term bullish momentum. Additionally, the … - [EUR/GBP moves away from multi-week low, lacks bullish conviction and remains below mid-0.8500's](https://todaymarkets.ae/eur-gbp-moves-away-from-multi-week-low-lacks-bullish-conviction-and-remains-below-mid-0-8500s/): The EUR/GBP cross attracts some buyers during the Asian session on Monday, though it lacks bullish conviction and remains close to a nearly three-week low around the 0.8510 region touched on Friday. Spot prices currently trade just below mid-0.8500s, up less than 0.10% for the day. The British Pound’s (GBP) relative underperformance against its European … - [Markets to Watch This Week](https://todaymarkets.ae/markets-to-watch-this-week/): The trade war de-escalation has been a major driver of market fluctuations this week. Although hopes for an agreement between the US and China turned out to be premature, we are seeing significant gains on the US stock market, with major Wall Street indices reaching their highest levels since April 3rd and almost fully recovering … - [WTI trades with modest losses around $62.70-$62.65 area, downside seems limited](https://todaymarkets.ae/wti-trades-with-modest-losses-around-62-70-62-65-area-downside-seems-limited/): West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on modest gains registered over the past two days and attract some sellers near the $63.55 area during the Asian session on Monday. The commodity currently trades around the $62.65 region, down 0.50% for the day, though it lacks bearish conviction and remains confined … - [US Dollar Index remains above 97.00 due to easing US-China tensions](https://todaymarkets.ae/us-dollar-index-remains-above-97-00-due-to-easing-us-china-tensions/): The US Dollar Index (DXY), which tracks the USD against six major currencies, continues to rise for the second consecutive day, trading near 99.60 during Asian hours on Monday. The US Dollar (USD) strengthens amid signs of easing tensions between the US and China. On Friday, China exempted certain US imports from its 125% tariffs, fueling optimism … - [EUR/USD Keeps bullish vibe, first upside target emerges near 1.1400](https://todaymarkets.ae/eur-usd-keeps-bullish-vibe-first-upside-target-emerges-near-1-1400/): The EUR/USD pair trades on a flat note around 1.1360 during the Asian session on Monday. The Greenback steadies as traders are confused by mixed signals on US-China trade relations. Despite US President Donald Trump’s claims that there has been progress and that he has talked with China’s President Xi Jinping, Beijing has denied that trade … - [EUR/JPY slips below 163.00 as trade-related uncertainties benefit the safe-haven JPY](https://todaymarkets.ae/eur-jpy-slips-below-163-00-as-trade-related-uncertainties-benefit-the-safe-haven-jpy/): The EUR/JPY cross kicks off the new week on a weaker note and moves away from over a three-week top, around the 163.75 area touched on Friday. The downward trajectory drags spot prices back below the 163.00 mark during the Asian session, though it lacks bearish conviction. Mixed signals from the US and China temper … - [NZD/USD weakens to near 0.5950 despite potential fresh stimulus measures from China](https://todaymarkets.ae/nzd-usd-weakens-to-near-0-5950-despite-potential-fresh-stimulus-measures-from-china/): The NZD/USD pair softens to around 0.5950 during the Asian trading hours on Monday, pressured by the renewed US Dollar (USD) demand. Signs that global trade tensions between the United States and China may be easing provide some support to the Greenback. Traders assess China’s press conference about policies and measures on Monday.  The Politburo emphasized … - [XAG/USD breaks below $33.00 as safe-haven demand weakens](https://todaymarkets.ae/xag-usd-breaks-below-33-00-as-safe-haven-demand-weakens/): Silver price (XAG/USD) continues to lose ground for the second straight day, hovering around $32.80 per troy during Asian trading hours on Monday. The precious metal faces pressure as improving trade relations between the United States (US) and China diminish its safe-haven appeal. On Friday, reports indicated that China had exempted certain US imports from its … - [AUD depreciates as the US Dollar strengthens due to easing US-China tensions](https://todaymarkets.ae/aud-depreciates-as-the-us-dollar-strengthens-due-to-easing-us-china-tensions/): The Australian Dollar (AUD) is extending loses for the second successive session on Monday. The AUD/USD pair is under pressure as the US Dollar (USD) strengthens amid signs of easing tensions between the US and China. China exempted certain US imports from its 125% tariffs on Friday, according to business sources. The move has fueled hopes that … - [Gold price languishes below $3,300; last week’s swing low holds the key for bulls](https://todaymarkets.ae/gold-price-languishes-below-3300-last-weeks-swing-low-holds-the-key-for-bulls/): Gold price (XAU/USD) attracts fresh sellers at the start of a new week and drops to the $3,268-3,267 area, back closer to Friday’s swing low, during the Asian session. Despite mixed signals from the US and China, investors remain hopeful over the potential de-escalation of trade tensions between the world’s two largest economies. Apart from … - [JPY extends its consolidative price move; USD/JPY holds steady above mid-143.00s](https://todaymarkets.ae/jpy-extends-its-consolidative-price-move-usd-jpy-holds-steady-above-mid-143-00s/): The Japanese Yen (JPY) oscillates in a narrow trading band at the start of a new week and remains close to a two-week trough touched against its American counterpart on Friday. Mixed signals from the US and China temper hopes for a quick resolution of the trade conflict between the world’s two largest economies, which, … - [USD/INR flat lines as India-Pakistan tensions rise in Kashmir](https://todaymarkets.ae/usd-inr-flat-lines-as-india-pakistan-tensions-rise-in-kashmir/): The Indian Rupee (INR) holds steady on Monday. Rising tension with Pakistan could trigger a risk-off sentiment among traders, which might drag the Indian currency lower. The ceasefire violation along the Line of Control (LoC) came days after the Pahalgam terror attack, which killed 26 people, mostly tourists, in the Baisaran valley near Pahalgam, Jammu … - [Bitcoin price could reach $285K by 2030 as Citigroup forecasts $1.6 trillion stablecoin inflows](https://todaymarkets.ae/bitcoin-price-could-reach-285k-by-2030-as-citigroup-forecasts-1-6-trillion-stablecoin-inflows/): Bitcoin price outlook strengthens as Citigroup projects $1.6 trillion stablecoin growth, calling them critical bridges between banks and blockchain. Citigroup predicts stablecoin market cap will hit $1.6 trillion by 2030 Global investment bank Citigroup has forecasted a dramatic rise in stablecoin adoption, projecting the market could expand to $1.6 trillion by the end of 2030. In a … - [GBP/USD slips despite strong UK Retail Sales as USD dominance prevails](https://todaymarkets.ae/gbp-usd-slips-despite-strong-uk-retail-sales-as-usd-dominance-prevails/): The Pound Sterling registers losses against the strong US Dollar, yet it remains above 1.3300.  A strong UK Retail Sales report failed to underpin Cable, which registers losses of 0.20% as the GBP/USD trades at 1.3311. GBP/USD holds above 1.3300 amid weak US sentiment, hot inflation expectations, and ongoing tariff drama The financial markets’ narrative hasn’t changed, … - [EUR/USD - Euro steadies near 1.1400 after soft pullback](https://todaymarkets.ae/eur-usd-euro-steadies-near-1-1400-after-soft-pullback/): The EURUSD pair was seen hovering near the 1.1400 region on Friday after easing slightly in the aftermath of the European session. The pair is consolidating within a narrow range between 1.1315 and 1.1391, reflecting a pause in bullish momentum while still holding ground near recent highs. Technically, the broader picture remains constructive. The 20-day, … - [EUR/GBP Price Analysis: Euro steadies near 0.8500 amid mixed signals](https://todaymarkets.ae/eur-gbp-price-analysis-euro-steadies-near-0-8500-amid-mixed-signals/): The EUR/GBP pair was seen trading near the 0.8500 mark during Friday’s session, edging lower intraday yet holding within the mid-range of 0.8511 to 0.8548. Investors appear cautious amid a light macroeconomic backdrop, with the pair moving in sync with subtle shifts in broader market sentiment. Technically, the pair continues to exhibit a bullish structure … - [USD/CAD holds firm as mixed trade headlines cloud USD outlook](https://todaymarkets.ae/usd-cad-holds-firm-as-mixed-trade-headlines-cloud-usd-outlook/): The USD/CAD pair holds steady around the 1.3900 zone on Friday as markets weigh fresh US-China trade headlines and stronger oil prices against a firmer Greenback. The US Dollar Index (DXY) is trading higher near 99.60, supported by comments from US President Donald Trump suggesting talks with China are ongoing. However, these claims were quickly disputed by the Chinese … - [Dow Jones dips as trade uncertainty lingers, consumer sentiment sinks](https://todaymarkets.ae/dow-jones-dips-as-trade-uncertainty-lingers-consumer-sentiment-sinks/): The Dow Jones Industrial Average (DJIA) registered losses of over 0.32% on Friday amid uncertainty over the trade war between the US and China. However, as news broke that China may exempt some US goods from tariffs, Beijing seemed to have de-escalated tensions.  This and a deterioration in US consumer sentiment kept the DJIA hovering … - [US Dollar climbs as trade rumours fuel market speculation](https://todaymarkets.ae/us-dollar-climbs-as-trade-rumours-fuel-market-speculation/): The US Dollar (USD) strengthens modestly on Friday as investors digest contradictory messaging from the United States and China regarding potential tariff negotiations. While President Donald Trump suggested dialogue is ongoing, Beijing explicitly denied any current talks. This divergence injected volatility into markets, though the Greenback maintained an edge, with the US Dollar Index (DXY) up around … - [Gold price crumbles below $3,300 as trade hopes fade, US Dollar stays firm](https://todaymarkets.ae/gold-price-crumbles-below-3300-as-trade-hopes-fade-us-dollar-stays-firm/): Gold price made a U-turn and erased Thursday’s gains, falling below the $3,300 mark as the Greenback remained bid and Bullion failed to capitalize on falling US Treasury yields. A de-escalation of the trade war between the US and China sponsored a leg-down in the precious metal, which exchanged hands at $3,294, losing over 1.60%. … - [Mexican Peso climbs on strong data, risk-on mood weighing on US Dollar](https://todaymarkets.ae/mexican-peso-climbs-on-strong-data-risk-on-mood-weighing-on-us-dollar/): The Mexican Peso extended its gains against the US Dollar for the second consecutive day, poised to finish the week with gains of 0.89%, sponsored by an improvement in risk appetite and better-than-expected Mexico economic data. At the time of writing, the USD/MXN trades at 19.52, down 0.32%. Wall Street closed with gains in Friday’s session, even … - [One ‘Strong Buy’ Stock Is Already Surging on Trump’s Tariffs.](https://todaymarkets.ae/one-strong-buy-stock-is-already-surging-on-trumps-tariffs/): First Solar (FSLR) is a solar company that focuses on designing, manufacturing, and marketing its photovoltaic (PV) solar modules with the help of cadmium telluride (CdTe) technology. The company also sells power systems and provides maintenance and operational services to its customers. Founded in 1999, the company has its manufacturing plants in the U.S., Vietnam, and Malaysia … - [Crude Prices Moderately Higher on Hopes of De-Escalation of Tariffs](https://todaymarkets.ae/crude-prices-moderately-higher-on-hopes-of-de-escalation-of-tariffs/): June WTI crude oil (CLM25) Friday closed up +0.23 (+0.37%), and June RBOB gasoline (RBM25) closed up +0.0109 (+0.52%). Crude oil and gasoline prices settled moderately higher on Friday.  The hope that the US-China trade war would de-escalate gave crude prices a boost after Bloomberg reported that the Chinese government was considering suspending the 125% … - [Technical Short Covering Lifts Nat-Gas Prices](https://todaymarkets.ae/technical-short-covering-lifts-nat-gas-prices/): May Nymex natural gas (NGK25) on Friday closed up by +0.007 (+0.24%). May nat-gas prices posted modest gains on Friday as the month-long plunge pushed prices into oversold territory, which sparked technical short-covering in nat-gas futures. On Thursday, nat-has prices tumbled to a 5-month nearest-futures low as the warm US spring weather has dampened heating … - [Corn Close on a Mixed Note](https://todaymarkets.ae/corn-close-on-a-mixed-note/): The corn market closed Friday with contracts mixed, as nearbys were up 1 ½ cents and new crop December down ¾ cent. May was down 3 ½ cents on the week. The nearby CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.52 3/4.  USDA reported a private export sale of 235,000 MT of … - [Soybeans Slip Lower into the Weekend](https://todaymarkets.ae/soybeans-slip-lower-into-the-weekend/): Soybeans slipped into the Friday close as fractional to 3 ¼ cent losses pulled the weekly gains to just 13 ¼ cents for the May contract. CmdtyView’s national front month Cash Bean price was down 3 cents at $10.03 ¾. Soymeal futures were up $1.30/ton, to slip $5.60 on the week. Soy Oil futures were down 44 points on the session, … - [Wheat Closes Friday with Mixed Action](https://todaymarkets.ae/wheat-closes-friday-with-mixed-action/): The wheat complex closed Friday on a mixed note, as futures failed to hold much strength into the close. Chicago SRW futures settled with slight fractional gains, as May was 18 ¾ cents in the red this week. Kansas City HRW contracts were able to sneak out fractional gains in the front months, as May fell … - [Cotton Pull Back on Friday](https://todaymarkets.ae/cotton-pull-back-on-friday/): Cotton futures posted Friday losses of 37 to 45 points to round out the week that saw July up 167 points. The outside markets were mixed, with crude oil futures back up 39 cents/barrel and the US dollar index up $0.202 to $99.370 Weekly CFTC data showed spec funds trimming another 4,981 contracts from their net … - [Sugar Prices Climb to 2-Week Highs on Brazil Crop Worries](https://todaymarkets.ae/sugar-prices-climb-to-2-week-highs-on-brazil-crop-worries/): May NY world sugar #11 (SBK25) Friday closed up +0.26 (+1.45%), and August London ICE white sugar #5 (SWQ25) closed up +9.50 (+1.88%). Sugar prices on Friday rose to 2-week highs and settled moderately higher.  Dry weather in Brazil may curb sugarcane yields and is boosting prices.  Brazil forecaster Somar Meteorologia said the chances for … - [Cocoa Prices Rise as the Pace of Ivory Coast Cocoa Exports Slows](https://todaymarkets.ae/cocoa-prices-rise-as-the-pace-of-ivory-coast-cocoa-exports-slows/): July ICE NY cocoa (CCN25) Friday closed up +261 (+2.86%), and May ICE London cocoa #7 (CAK25) closed up +104 (+1.63%). Cocoa prices on Friday extended this week’s rally, with NY cocoa posting a 2-1/4 month high.  Supply concerns are boosting cocoa prices as the pace of Ivory Coast cocoa exports has slowed.  Tuesday’s government … - [Arabica Coffee Settles Higher on Brazil Coffee Crop Concerns](https://todaymarkets.ae/arabica-coffee-settles-higher-on-brazil-coffee-crop-concerns/): July arabica coffee (KCN25) Friday closed up +1.05 (+0.26%), and July ICE robusta coffee (RMN25) closed down -12 (-0.22%). Coffee prices settled mixed on Friday, with arabica posting a 7-week high.  Concerns about a smaller Brazil coffee crop are pushing arabica prices higher.  On Tuesday, Rabobank predicted Brazil’s 2025/26 arabica coffee crop would fall -13.6% … - [Final UoM Sentiments Slightly Higher, One Year Inflation Expectations Lower](https://todaymarkets.ae/final-uom-sentiments-slightly-higher-one-year-inflation-expectations-lower/): University Michigan Sentiment (Final, for April): 52.2 (Forecast 50.5, Previous 50.8) University Michigan 5 Yr Inflation Final: 4.4% (Forecast 4.4%, Previous 4.4%) Sentiments on Wall Street are mixed; US30 almost didn’t react to slightly better UoM reading for stocks, still losing 0.55%. US30 is traded today still almost 1800 pts below EMA200. Source: xStation5 The … - [WTI tumbles to near $62.00 on OPEC’s supply increase, potential demand concerns](https://todaymarkets.ae/wti-tumbles-to-near-62-00-on-opecs-supply-increase-potential-demand-concerns/): West Texas Intermediate (WTI), futures on NYMEX, is down over 1% to near $62.00 during European trading hours on Friday. The Oil price is down to near the lower end of the weekly range as investors start discounting the impact of a significant increase in production by OPEC+ members in the near-term. Latest reports pointing … - [USD/JPY - Danske Bank Recommendation](https://todaymarkets.ae/usd-jpy-danske-bank-recommendation/): Danske Research has issued a recommendation for the USDJPY currency pair. The institution recommends taking a short pending position on the pair with the following levels: Entry (Sell Limit): 145.50 Take Profit: 138.00Stop Loss: 148.50 Danske Research recommends taking a short pending position on the USDJPY pair with a limit order at 145.50, a target … - [Coffee Prices Hit One Month Highs on Brazilian Crop Concerns](https://todaymarkets.ae/coffee-prices-hit-one-month-highs-on-brazilian-crop-concerns/): Coffee prices have surged to their highest level in a month, fuelled by growing concerns over Brazilian harvests. Recent limited rainfall in the country has significantly dampened the production outlook for Arabica beans. Rabobank, a key financial institution providing analysis for agricultural commodity markets, indicated in a report last Tuesday that Brazil’s Arabica output for … - [Weekly roundup: Stock market recovery persists](https://todaymarkets.ae/weekly-roundup-stock-market-recovery-persists/): Stocks are on track for another weekly gain, and the recovery continues once more on Friday. Stock markets globally are a sea of green. The S&P 500 is currently higher by nearly 4% in the past 5 days, the Nasdaq is higher by more than 5%. European indices are also pulling higher,  the Eurostoxx index … - [Trade of The Day - USD/JPY](https://todaymarkets.ae/trade-of-the-day-usd-jpy-3/): Facts: Recommendation: Opinion: The RSI is in bullish divergence, forming higher highs and approaching a level that recently served as a strong reversal zone. A break above this level could signal renewed bullish control. The MACD is widening following a bullish crossover. The take-profit level is set just below the 38.2% Fibonacci retracement, which coincides … - [European Stocks Looking to End The Week in Green](https://todaymarkets.ae/european-stocks-looking-to-end-the-week-in-green/): European markets are showing mixed performance with a positive bias. The volatility gauge VSTOXX declined -0.22% to 22.18, while Spain’s SPA35 rose 0.71% to 13275. Several markets recorded gains, with Italy’s ITA40 leading (+0.46% to 36622), followed by Austria’s AUT20 (+0.54% to 3926). Germany’s DE40 gained 0.29% to 22340.6, and France’s FRA40 rose 0.27% to … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-9/): The Japanese yen weakened against the US dollar on Friday, with USD/JPY climbing 0.7% as Tokyo inflation data surged while trade tensions with the United States continued. Inflation Surge Raises Rate Expectations Tokyo’s core inflation jumped to 3.4% year-on-year in April from 2.4% in March, exceeding forecasts of 3.2%. This marked a two-year high, pushing well … - [Talking Google Results - AI on The Rise](https://todaymarkets.ae/talking-google-results-ai-on-the-rise/): Alphabet provided a boost to financial markets late on Thursday after its earnings report smashed forecasts. The company reported $90.2bn in quarterly revenue, higher than the $89.2bn expected, and a 12% increase YoY. The company’s profitability also surpassed expectations, with $2.81 earnings per share, vs. expectations of $2.01. This has helped boost the stock in … - [Alphabet Beat Expectations With Strong Q1 2025 Results](https://todaymarkets.ae/alphabet-beat-expectations-with-strong-q1-2025-results/): Alphabet (GOOGL.US) reported significantly better-than-expected results for Q1 2025, beating market expectations. The company demonstrated strong revenue growth dynamics in key segments and delivered a markedly improved operating result, particularly evident in the crucial cloud segment. The company’s shares are up more than 4% in after-hours trading. Alphabet shares are up more than 4% in … - [UK Retail Sales Higher Than Expected](https://todaymarkets.ae/uk-retail-sales-higher-than-expected/): 07:00 BST – UK Retail Sales for March Office for National Statistics highlights: Clothing and outdoor retailers reported that good weather boosted sales (+3.7 MoM). These increases were partly offset by falls in supermarket sales. GBPUSD has gained after the data release. The material on this page does not constitute financial advice and does not take into account … - [Economic Calendar - UK Retail Sales And U.S. Consumer Sentiment in Focus](https://todaymarkets.ae/economic-calendar-uk-retail-sales-and-u-s-consumer-sentiment-in-focus/): Today’s economic calendar features UK retail sales data and US Michigan consumer sentiment readings. Markets will be monitoring these indicators for signs of consumer strength and inflation expectations amid ongoing global trade tensions, with no major central bank speakers scheduled. Key Economic Data (BST) 07:00 – UK Retail Sales Data 13:30 – Canadian Retail Sales … - [USD/CHF maintains position above 0.8300 due to US-China trade optimism](https://todaymarkets.ae/usd-chf-maintains-position-above-0-8300-due-to-us-china-trade-optimism/): USD/CHF recovered its previous session losses and is trading around 0.8320 during the Asian session on Friday. The US Dollar (USD) is strengthening as investor sentiment improves, driven by a Bloomberg report suggesting China may suspend its 125% tariffs on select US imports, including medical equipment, ethane, and aircraft leasing. Sources familiar with the matter … - [USD/INR drifts lower on positive US-India trade talks](https://todaymarkets.ae/usd-inr-drifts-lower-on-positive-us-india-trade-talks/): The Indian Rupee (INR) strengthens on Friday. The optimism surrounding US-India trade talks provides some support to the Indian currency. Currently, the 26% reciprocal tariff on India that the US imposed is on a 90-day pause. The suspension will expire on July 8. However, India does face a 10% tariff as other nations per the … - [GBP/USD breaks below 1.3300 ahead of UK Retail Sales data](https://todaymarkets.ae/gbp-usd-breaks-below-1-3300-ahead-of-uk-retail-sales-data/): GBP/USD is retracing its recent gains, hovering around 1.3290 during Friday’s Asian session. The Pound Sterling (GBP) faces challenges as GfK Consumer Confidence in the United Kingdom (UK), slipped to -23 in April—its lowest level since November 2023—amid rising living costs and growing global trade concerns, missing forecasts of -22. Traders now await UK Retail Sales data … - [XAG/USD trades around mid-$33.00s; just below multi-week top](https://todaymarkets.ae/xag-usd-trades-around-mid-33-00s-just-below-multi-week-top/): Silver (XAG/USD) edges lower after testing the three-week top during the Asian session on Friday and currently trades around the mid-$33.00s, down 0.30% for the day. The technical setup, however, warrants caution before positioning for any meaningful depreciating move. This week’s breakout above the $33.00 round figure, representing the top end of a multi-day-old range and … - [WTI climbs toward $63.00, remains headed for a weekly loss amid oversupply worries](https://todaymarkets.ae/wti-climbs-toward-63-00-remains-headed-for-a-weekly-loss-amid-oversupply-worries/): West Texas Intermediate (WTI) Oil price extends its gains for a second straight day, trading around $62.80 during Friday’s Asian session. Despite the uptick, prices remain on course for a weekly decline due to mounting oversupply concerns fueled by the potential for increased OPEC+, the Organization of the Petroleum Exporting Countries and its allies, output. … - [EUR/JPY Rises above 162.50, nine-day EMA](https://todaymarkets.ae/eur-jpy-rises-above-162-50-nine-day-ema/): EUR/JPY extends its gains for the third successive session, trading around 162.80 during the Asian hours on Friday. Technical analysis of the daily chart shows the currency cross consolidating within an ascending channel, reinforcing a bullish outlook. Moreover, the 14-day Relative Strength Index (RSI) holds above the 50 mark, reinforcing the bullish bias. The currency cross also trades above the … - [Gold price consolidates in a range; bulls have the upper hand while above $3,300](https://todaymarkets.ae/gold-price-consolidates-in-a-range-bulls-have-the-upper-hand-while-above-3300/): Gold price (XAU/USD) struggles to capitalize on the previous day’s move higher and oscillates in a narrow trading band during the Asian session on Friday amid mixed fundamental cues. Signs of easing tensions between the US and China – the world’s two largest economies – remain supportive of a positive tone around the equity markets. … - [AUD/JPY hits multi-week high, around 92.00 amid signs of easing US-China trade tensions](https://todaymarkets.ae/aud-jpy-hits-multi-week-high-around-92-00-amid-signs-of-easing-us-china-trade-tensions/): The AUD/JPY cross attracts some follow-through buyers for the third successive day and touches over a three-week top, around the 92.00 mark during the Asian session on Friday. Moreover, the supportive fundamental backdrop suggests that the path of least resistance for spot prices remains to the upside. Signs of easing US-China tensions continue to fuel … - [AUD advances as China considers suspending tariffs on US imports](https://todaymarkets.ae/aud-advances-as-china-considers-suspending-tariffs-on-us-imports/): The Australian Dollar (AUD) extends gains for the second successive session against the US Dollar (USD) on Friday following a Bloomberg report, citing sources familiar with the matter, China is weighing the suspension of its 125% tariff on certain US imports, including medical equipment, ethane, and aircraft leasing. The sources also indicated that officials are … - [Soybeans Rally into Close, with Bean Oil Support](https://todaymarkets.ae/soybeans-rally-into-close-with-bean-oil-support/): Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents. CmdtyView’s national front month Cash Bean price was up 15 1/4 cents at $10.06 ¾. Soymeal futures were down $1.20 to $2.10/ton, as Soy Oil futures were up 103 to 174 points on the session.  Price limits are set to be widened by a nickel on … - [Cotton Sneaking Out Midday Gains](https://todaymarkets.ae/cotton-sneaking-out-midday-gains/): Cotton futures are trading with gains of 18 to 41 points on Thursday with May down 208 points on first notice day. The outside markets are supportive, with crude oil futures back up 63 cents/barrel and the US dollar index down $0.476 to $99.160. Export Sales data showed just 104,005 RB of cotton sold in the … - [Sugar Prices Pressured by Expectations of Increased Brazil Sugar Production](https://todaymarkets.ae/sugar-prices-pressured-by-expectations-of-increased-brazil-sugar-production/): May NY world sugar #11 (SBK25) Thursday closed down -0.02 (-0.11%), and August London ICE white sugar #5 (SWQ25) closed up +1.20 (+0.24%). Sugar prices on Thursday settled mixed.  Prices were under pressure Thursday on negative carryover from Wednesday when the USDA’s Foreign Agricultural Service (FAS) projected that Brazil’s 2025/26 sugar production would rise +2.3% … - [Cocoa Prices Settle Moderately Higher on Supply Concerns](https://todaymarkets.ae/cocoa-prices-settle-moderately-higher-on-supply-concerns/): July ICE NY cocoa (CCN25) Thursday closed up +250 (+2.81%), and May ICE London cocoa #7 (CAK25) closed up +59 (+0.93%). Cocoa prices on Thursday settled moderately higher but remained below Wednesday’s significant highs.  On Wednesday, NY cocoa posted a 2-1/2 month high, and London cocoa posted a 2-1/2 week high on supply concerns.  Recent … - [Coffee Prices Rally on Dollar Weakness and Brazil Crop Concerns](https://todaymarkets.ae/coffee-prices-rally-on-dollar-weakness-and-brazil-crop-concerns/): July arabica coffee (KCN25) Thursday closed up +13.05 (+3.38%), and May ICE robusta coffee (RMK25) closed up +56 (+1.05%). Coffee prices on Thursday extended this week’s rally, with arabica climbing to a 4-week high and robusta posting a 1-week high.  Thursday’s weaker dollar (DXY00) was supportive of most commodity prices, including coffee.  Also, forecasts for … - [Muted USD After Strong Durable Goods Orders Data](https://todaymarkets.ae/muted-usd-after-strong-durable-goods-orders-data/): United States – Durable Goods Orders for March: Jobless claims: The strong orders were the results of a single order for aircraft. The euro gained slightly against the USD after the reading. The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial … - [PepsiCo Shares Loose 1% After Q1 Results](https://todaymarkets.ae/pepsico-shares-loose-1-after-q1-results/): PepsiCo (PEP.US) reported first-quarter results that missed analysts’ average estimates. The company now expects earnings per share in constant currency to be roughly flat from a year earlier, with growth in the mid-single digits. However, the company lowered its guidance from earlier expectations as unpredictable U.S. trade policy and declining consumer sentiment raise costs and reduce … - [Procter And Gamble Shares Fall Due to Lower Full Year Outlook](https://todaymarkets.ae/procter-and-gamble-shares-fall-due-to-lower-full-year-outlook/): Procter & Gamble Co. (PG.US) shares fell 2% on Thursday after the consumer products giant cut its full-year sales and profit outlook amid challenging market conditions and trade tensions. Q3 Results Miss Expectations P&G reported third-quarter earnings of $1.54 per share, slightly above the $1.53 analyst estimate, but sales declined 2% to $19.78 billion, missing … - [Earnings Take Center Stage as Rally Takes a Pause](https://todaymarkets.ae/earnings-take-center-stage-as-rally-takes-a-pause/): Stock markets are a bit lost as we move towards Thursday. Concerns that earnings data is weak for Q1 in Europe and the US, a delay in US and China trade negotiations, and delays to a Ukraine and Russia peace deal are also hurting overall sentiment. Vix remains stable, which suggests ‘bumpy recovery’ ahead European … - [Chart of The Day - USDIDX](https://todaymarkets.ae/chart-of-the-day-usdidx-2/): The dollar is back under pressure following a series of ambiguous statements from the White House regarding ongoing trade negotiations between the U.S. and its partners. The USDIDX is down by approximately 0.5%, with capital primarily flowing into “safe havens” such as the yen, franc, and euro. Falling confidence in the dollar is also fueling … - [ServiceNow (NOW.US) shares are up 10% in pre-market trading today](https://todaymarkets.ae/servicenow-now-us-shares-are-up-10-in-pre-market-trading-today/): ServiceNow (NOW.US) shares are up 10% in pre-market trading today, following the company’s stronger-than-expected first-quarter 2025 earnings report. As a leader in enterprise software, ServiceNow is well known for its AI-powered workflow solutions that streamline operations. The company beat market expectations across all key business metrics. ServiceNow Q1 2025 Results Revenue Composition and Geographic Breakdown … - [TRUMP, Brett, Solayer: Here’s why meme coins are in the green as Bitcoin’s momentum falters](https://todaymarkets.ae/trump-brett-solayer-heres-why-meme-coins-are-in-the-green-as-bitcoins-momentum-falters/): The cryptocurrency market climbed higher on Tuesday and Wednesday, building on improving risk-on sentiment after United States (US) President Donald Trump softened his tone on the Federal Reserve (Fed) Chair Jerome Powell and China. Bitcoin (BTC) surged, reaching a 51-day high of $94,696. Altcoins, including meme coins, rallied behind BTC, with some, such as Official Trump (TRUMP), Brett, and Solayer (Layer), … - [BlackRock Bitcoin fund wins best new ETF on $643M inflow day](https://todaymarkets.ae/blackrock-bitcoin-fund-wins-best-new-etf-on-643m-inflow-day/) - [Weak Sales From Gucci And Yves Saint Laurent Push Kering Shares to 2025 Lows](https://todaymarkets.ae/weak-sales-from-gucci-and-yves-saint-laurent-push-kering-shares-to-2025-lows/): Shares of Kering (KER.FR), which is responsible for brands such as Gucci and Yves Saint Laurent, are down 5% today after Q1 results fell short of expectations. Gucci sales fell 25% in the first quarter. Efforts to revive Kering SA’s biggest brand have shown no signs of turning around amid a difficult period for the luxury … - [Economic Calendar - Jobless Claims Shadowed By Trade Negotiations](https://todaymarkets.ae/economic-calendar-jobless-claims-shadowed-by-trade-negotiations/): The White House’s narrative swings on tariffs continue to play the leading role in market sentiment, but today will also bring important data relevant to the Federal Reserve’s positioning. Donald Trump stated yesterday that “Jerome Powell is making a mistake by not cutting interest rates,” yet inflation uncertainty and a stable labor market still support the … - [US Dollar Index loses ground as uncertainty persists over Trump’s tariff policy](https://todaymarkets.ae/us-dollar-index-loses-ground-as-uncertainty-persists-over-trumps-tariff-policy/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges lower to near 99.60 on Thursday amid mitigating concerns over potential tariff threats by US President Donald Trump.  Businesses dealing with the early stages of Trump’s tariffs are looking for ways to pass increasing … - [The corn market fell lower with losses of 3 to 4 cents across the front months.](https://todaymarkets.ae/the-corn-market-fell-lower-with-losses-of-3-to-4-cents-across-the-front-months/): The corn market fell lower on Wednesday, with losses of 3 to 4 cents across the front months. The nearby CmdtyView national average Cash Corn price is down 2 ¾ cents at $4.46 3/4. Pressure also came from a stronger dollar index. Weekly EIA data showed ethanol production rising 21,000 barrels per day in the week that … - [Soybeans Hold Gains](https://todaymarkets.ae/soybeans-hold-gains/): The soybean market held onto gains on Wednesday, with contracts closing 1 to 6 cents higher. CmdtyView’s national front month Cash Bean price was up 5 1/4 cents at $9.90 1/2. Soymeal futures were mixed, with front months 20 cents to $1.10/ton lower, as Soy Oil futures were up 5 to 33 points on the session.  The market was supported from … - [Wheat Weakness Continues](https://todaymarkets.ae/wheat-weakness-continues/): Wheat posted Wednesday losses across the three markets. Chicago SRW futures were down 6 to 8 cents at the final bell. Kansas City HRW contracts were 8 to 9 cents lower at the close.  MPLS spring wheat closed the Wednesday session with contracts down 3 to  cents. The next few days shows precipitation across much of the … - [Cotton futures rallied across most contracts ](https://todaymarkets.ae/cotton-futures-rallied-across-most-contracts/): Cotton futures rallied across most contracts on Wednesday, with gains of 126 to 181 points. That was despite less than supportive outside market activity, with crude oil futures back down $2.03 /barrel and the US dollar index up $1.015 to $99.705. The market was supported from chatter of easing trade tensions with China, though nothing has … - [Sugar Prices Slip As USDA Projects Higher Brazil Sugar Production](https://todaymarkets.ae/sugar-prices-slip-as-usda-projects-higher-brazil-sugar-production/): May NY world sugar #11 (SBK25) Wednesday closed down -0.05 (-0.28%), and August London ICE white sugar #5 (SWQ25) closed down -2.50 (-0.49%). Sugar prices Wednesday gave up an early advance and settled moderately lower after the USDA’s Foreign Agricultural Service (FAS) projected that Brazil’s 2025/26 sugar production would rise +2.3% y/y to 44.7 MMT … - [Cocoa Prices Post Moderate Losses on Dollar Strength](https://todaymarkets.ae/cocoa-prices-post-moderate-losses-on-dollar-strength/): May ICE NY cocoa (CCK25) Wednesday closed down -206 (-2.21%), and May ICE London cocoa #7 (CAK25) closed down -134 (-2.07%). Cocoa prices Wednesday gave up early gains and posted moderate losses as a stronger dollar (DXY00) sparked long liquidation in cocoa futures.  The recovery in cocoa inventories is also bearish for prices.  Since falling … - [Coffee Prices Sharply Higher on Brazilian Real Strength and Brazil Crop Concerns](https://todaymarkets.ae/coffee-prices-sharply-higher-on-brazilian-real-strength-and-brazil-crop-concerns/): July arabica coffee (KCN25) Wednesday closed up +13.00 (+3.49%), and May ICE robusta coffee (RMK25) closed up +100 (+1.91%). Coffee prices on Wednesday settled higher, with arabica up sharply at a 3-week high.  Strength in the Brazilian real (^USDBRL) is supportive of coffee prices.  On Wednesday, the real climbed to a 2-1/2 week high against … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-6/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD bulls have the upper hand while above $33.00 hurdle break-point](https://todaymarkets.ae/xag-usd-bulls-have-the-upper-hand-while-above-33-00-hurdle-break-point/): Silver (XAG/USD) attracts some sellers after hitting a nearly three-week top near the $33.70 region during the Asian session on Thursday and erodes a part of the previous day’s strong move up. The white metal currently trades around the $33.35-$33.30 area, down 0.75% for the day, though the technical setup supports prospects for the emergence of … - [EUR/USD Rises toward 1.1350 after finding support at near nine-day EMA](https://todaymarkets.ae/eur-usd-rises-toward-1-1350-after-finding-support-at-near-nine-day-ema/): EUR/USD pauses its two-day decline, hovering near 1.1340 during Thursday’s Asian session. Daily chart technical analysis indicates a weakening bullish bias, as the pair has slipped below the ascending channel pattern. Additionally, the EUR/USD pair continues to trade just above the nine-day Exponential Moving Average (EMA), indicating firm short-term bullish momentum. The 14-day Relative Strength Index (RSI) also stays above the 50 … - [USD/INR gathers strength amid rising US Dollar demand](https://todaymarkets.ae/usd-inr-gathers-strength-amid-rising-us-dollar-demand/): The Indian Rupee (INR) faces some selling pressure on Thursday as terrorist attacks in Kashmir, India, weighed on sentiment. Furthermore, rising crude oil prices undermine the Indian currency, as India is the world’s third-largest oil consumer.  However, the weaker US Dollar might help limit the INR’s losses. Investors will keep an eye on the US … - [Gold price trims part of intraday gains, still well bid above $3,300 mark](https://todaymarkets.ae/gold-price-trims-part-of-intraday-gains-still-well-bid-above-3300-mark/): Gold price (XAU/USD) trims a part of intraday gains, though it retains positive bias for the first time in three days and holds comfortably above the $3,300 mark through the Asian session on Thursday. Hopes for a possible US-China trade deal, along with easing fears about the Federal Reserve’s (Fed) independence, remain supportive of a … - [EUR/JPY breaks below 162.00 as safe-haven demand lifts Yen amid trade uncertainty](https://todaymarkets.ae/eur-jpy-breaks-below-162-00-as-safe-haven-demand-lifts-yen-amid-trade-uncertainty/): EUR/JPY retraces its recent gains registered in the previous session, trading around 161.90 during the Asian hours on Thursday. The currency cross depreciates as the Japanese Yen (JPY) strengthens, as investors flock to safe-haven assets amid renewed concerns over global trade tensions. US Treasury Secretary Scott Bessent downplayed hopes for progress on US-Japan trade negotiations, … - [GBP/USD Bullish outlook remains in play above 1.3250](https://todaymarkets.ae/gbp-usd-bullish-outlook-remains-in-play-above-1-3250/): The GBP/USD pair drifts higher to around 1.3270, snapping the two-day losing streak during the early European trading hours on Thursday. Mitigating concerns over potential tariff threats by US President Donald Trump exerts some selling pressure on the US Dollar (USD).   Technically, the constructive outlook of GBP/USD remains in place as the major pair is … - [AUD depreciates as Westpac anticipates RBA's 25 bps rate cut in May](https://todaymarkets.ae/aud-depreciates-as-westpac-anticipates-rbas-25-bps-rate-cut-in-may/): The Australian Dollar (AUD) remains steady on Thursday following two consecutive days of losses. The AUD/USD pair could see gains as the US Dollar (USD) faces pressure after the Federal Reserve’s (Fed) Beige Book suggested weakening economic conditions. According to the Fed’s April Beige Book, concerns over tariffs have worsened the economic outlook across several regions in … - [USD/CHF trade with mild negative bias below 0.8300; downside seems cushioned](https://todaymarkets.ae/usd-chf-trade-with-mild-negative-bias-below-0-8300-downside-seems-cushioned/): The USD/CHF pair fails to capitalize on a two-day-old recovery from the lowest level since September 2011 and attracts some sellers during the Asian session on Thursday. Spot prices, however, lack bearish conviction and currently trade just below the 0.8300 mark, down 0.25% for the day and close to a nearly two-week high touched on … - [JPY struggles to build on intraday gains against USD amid positive risk tone](https://todaymarkets.ae/jpy-struggles-to-build-on-intraday-gains-against-usd-amid-positive-risk-tone/): The Japanese Yen (JPY) sticks to its positive bias through the Asian session on Thursday as fading hopes for a quick resolution to the US-China tradeoff underpin demand for traditional safe-haven assets. Furthermore, expectations that Japan will strike a trade deal with the US and bets for more interest rate hikes by the Bank of … - [EUR/USD Recommendation From Morgan Stanley](https://todaymarkets.ae/eur-usd-recommendation-from-morgan-stanley/): Morgan Stanley has issued a recommendation for the EURUSD currency pair Morgan Stanley recommends taking a long position on the pair with the following levels: Entry: 1.1350Target: 1.2000Stop: 1.1000 Morgan Stanley recommends taking a long position on EURUSD with a target of 1.2000 and a stop loss at 1.1000. Source: xStation5 The material on this … - [Gold climbs to record high above $3,800 as US inflation data fuels Fed rate cut hopes](https://todaymarkets.ae/gold-climbs-to-record-high-above-3800-as-us-inflation-data-fuels-fed-rate-cut-hopes/): The Gold price (XAU/USD) extends its upside to a record high above the $3,800 psychological level during the Asian session on Monday. The precious metal edges higher after the US inflation data came in line with expectations, reinforcing bets that the US Federal Reserve (Fed) may continue with interest rate cuts later this year. Lower interest rates … - [Trade of The Day - US500](https://todaymarkets.ae/trade-of-the-day-us500/): Facts Recommendation Opinion Stronger U.S. macroeconomic data should support a bull market in equities. Yesterday’s comments from Donald Trump, in a sense, suggest that next year the Fed will not “fear cutting rates” despite robust U.S. economic data and will show greater tolerance for inflationary risk. The priority would shift toward lowering debt servicing costs. For the … - [Coffee Rebounds 2.5% on Falling ICE Inventories](https://todaymarkets.ae/coffee-rebounds-2-5-on-falling-ice-inventories/): Futures on Arabica Coffee (COFFEE) on ICE are trading nearly 2.5% higher today, making them the best-performing agricultural commodity. The primary driver of this rally is a significant drop in coffee inventories at the Intercontinental Exchange (ICE). Last week, coffee futures pulled back to one-month lows on forecasts of increased rainfall in Brazil’s key Minas Gerais region. However, the latest … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd/): The euro is today the strongest G10 currency, rebounding about 0.15% against the dollar after two days of the deepest correction in two months. Nevertheless, EURUSD still trades below the psychological level of 1.1700, and the recent upward trend may be challanged by the latest U.S. GDP data and Donald Trump’s new wave of tariffs. EURUSD … - [China Stocks Fall on New US Tariffs](https://todaymarkets.ae/china-stocks-fall-on-new-us-tariffs/): The Shanghai Composite slipped 0.3% to around 3,840 while the Shenzhen Component lost 0.7% to 13,350 on Friday, snapping a two-day advance after US President Donald Trump announced a 100% tariff on pharmaceutical imports, a 25% levy on heavy trucks and duties of up to 50% on furniture. Profit-taking also weighed on high-flying technology shares … - [US 10-Year Yield Steady Ahead of PCE Data](https://todaymarkets.ae/us-10-year-yield-steady-ahead-of-pce-data/): The 10-year US Treasury yield held above 4.17% on Friday after two straight days of gains, as investors awaited the PCE price index, the Federal Reserve’s preferred inflation gauge, for fresh policy guidance. On Thursday, weekly jobless claims fell by 14K to 218K, well below forecasts, suggesting firms remain hesitant to cut staff. Revised GDP … - [Sensex Extends Losses but Set for Monthly Gain](https://todaymarkets.ae/sensex-extends-losses-but-set-for-monthly-gain/): Indian equities fell 274 points, or 0.3%, to 80,885 in morning trade on Friday, marking a sixth consecutive session of losses and the lowest level in over two weeks. The decline followed renewed concerns over US trade policy, after President Donald Trump announced a 100% tariff on branded drugs and a 25% levy on heavy-duty … - [Sweden Trade Deficit Widens in August](https://todaymarkets.ae/sweden-trade-deficit-widens-in-august/): Sweden’s trade deficit widened to SEK 8.9 billion in August 2025, compared with SEK 6.3 billion in the same month a year earlier. Exports fell by 5.1% year-on-year to SEK 144.0 billion, marking the lowest level in more than three and a half years, weighed down by weaker sales to both EU countries (-9.4% to … - [Brent Poised for Strong Weekly Gain](https://todaymarkets.ae/brent-poised-for-strong-weekly-gain/): Brent crude futures rose toward $70 per barrel on Friday, hovering near an eight-week high and set for its strongest weekly gain since early June, as conflict-related pressures on Russian oil spurred supply concerns. US President Donald Trump urged Turkish President Recep Tayyip Erdogan to halt oil imports from Russia to increase constraints on Moscow … - [Silver Retreats on Dollar Strength](https://todaymarkets.ae/silver-retreats-on-dollar-strength/): Silver slipped below $45 per ounce on Friday, easing from 14-year highs as the dollar strengthened following upbeat US data that tempered bets for deeper Federal Reserve rate cuts. Thursday’s reports showed weekly jobless claims fell to 218K, highlighting labor market resilience, while second-quarter GDP growth was revised sharply higher to an annualized 3.8%, the … - [Palm Oil Poised for Modest Weekly Gain](https://todaymarkets.ae/palm-oil-poised-for-modest-weekly-gain/): Malaysian palm oil futures were little changed, trading near MYR 4,440 after rising in the previous two sessions. Support from stronger Dalian oils and higher crude oil prices was offset by weakness in Chicago soyoil. Market participants also assessed the EU’s decision to delay its anti-deforestation law for a second time, postponing the ban on … - [Iron Ore Slips as EU Targets China Steel](https://todaymarkets.ae/iron-ore-slips-as-eu-targets-china-steel/): Iron ore futures dropped below CNY 800 per ton on Friday, hitting a two-week low after reports that the European Commission plans to impose steep tariffs of 25%–50% on Chinese steel imports and related products in the coming weeks. The move aims to curb inflows and shield domestic producers as global overcapacity continues to squeeze … - [Steel Prices Weaken on Prospect of EU Tariffs](https://todaymarkets.ae/steel-prices-weaken-on-prospect-of-eu-tariffs/): Steel rebar futures fell to around CNY 3,060 per ton on Friday, a two-week low, after reports that the European Commission plans to impose steep tariffs of 25%–50% on Chinese steel imports and related products in the coming weeks. The measure seeks to limit inflows and protect domestic producers as global overcapacity continues to pressure … - [GBP/USD stays near 1.3350 as traders adopt caution due to UK inflation risks](https://todaymarkets.ae/gbp-usd-stays-near-1-3350-as-traders-adopt-caution-due-to-uk-inflation-risks/): GBP/USD holds ground after two days of losses, trading around 1.3350 during the Asian hours on Friday. The downside of the pair could be restrained as the Pound Sterling (GBP) may gain ground on the United Kingdom’s (UK) inflation risks and the uncertain Bank of England’s (BoE) policy stance. BoE policymaker Megan Greene urged caution on rate cuts, … - [EUR/GBP drifts higher to near 0.8750 on UK fiscal concerns  ](https://todaymarkets.ae/eur-gbp-drifts-higher-to-near-0-8750-on-uk-fiscal-concerns/): The EUR/GBP cross extends the rally to near 0.8745 during the early European trading hours on Friday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as traders expect an end to the current rate-cutting cycle from the European Central Bank (ECB). Later on Friday, the ECB policymakers Piero Cipollone and José Luis Escrivá are scheduled to speak.  According to a … - [EUR/USD strengthens above 1.1650 ahead of US PCE inflation data](https://todaymarkets.ae/eur-usd-strengthens-above-1-1650-ahead-of-us-pce-inflation-data/): The EUR/USD pair recovers some lost ground around 1.1680 during the Asian trading hours on Friday, bolstered by a weaker US Dollar (USD). Markets might turn cautious later in the day ahead of the key US August Personal Consumption Expenditures (PCE) Price Index report.  Traders continue to assess mixed signals from Federal Reserve (Fed) policymakers. Kansas City Fed President Jeffrey Schmid … - [USD/CHF trades firmly near 0.8000 ahead of US PCE inflation data](https://todaymarkets.ae/usd-chf-trades-firmly-near-0-8000-ahead-of-us-pce-inflation-data/): The USD/CHF pair demonstrates strength near its over two-week high around 0.8000 during Friday’s late Asian session, posted on Thursday. The Swiss Franc pair gained sharply on Thursday as the US Dollar (USD) extended its upside, following the release of the upbeat revised United States (US) Q2 Gross Domestic Product (GDP) and a decline in Initial Jobless Claims for … - [AUD receives support from RBA caution, US PCE inflation data awaited](https://todaymarkets.ae/aud-receives-support-from-rba-caution-us-pce-inflation-data-awaited/): The Australian Dollar (AUD) holds ground against the US Dollar (USD) on Friday after two days of losses. The AUD/USD pair depreciated as the Greenback received support from the stronger-than-expected economic data from the United States (US). The AUD also faced downward pressure from risk aversion after the US President Donald Trump shared plans to impose a … - [JPY strengthens amid softer risk tone, modest USD downtick ahead of US PCE data](https://todaymarkets.ae/jpy-strengthens-amid-softer-risk-tone-modest-usd-downtick-ahead-of-us-pce-data/): The Japanese Yen (JPY) recovers slightly from a three-week low touched against its American counterpart during the Asian session on Friday, though the upside seems capped. US President Donald Trump announced a new round of punishing tariffs on a broad range of imported goods, tempering investors’ appetite for riskier assets amid persistent geopolitical risks. This, … - [GBP/JPY consolidates below 200.00; JPY strength and UK fiscal concerns cap the upside](https://todaymarkets.ae/gbp-jpy-consolidates-below-200-00-jpy-strength-and-uk-fiscal-concerns-cap-the-upside/): The GBP/JPY cross lacks any firm intraday directional bias on Friday and seesaws between tepid gains/minor losses, below the 200.00 psychological mark through the Asian session amid mixed cues. A modest US Dollar (USD) pullback from a three-week high benefits the British Pound (GBP) and supports spot prices, though the emergence of some buying around … - [US Dollar Index Could target ascending channel’s upper boundary near 99.00](https://todaymarkets.ae/us-dollar-index-could-target-ascending-channels-upper-boundary-near-99-00/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding losses after two days of gains and trading around 98.40 during the Asian hours on Friday. The technical analysis of the daily chart shows the dollar index moving upwards within the ascending channel pattern, suggesting that bullish bias … - [USD/INR trades flat despite Trump imposing 100% tariffs on pharmaceutical imports](https://todaymarkets.ae/usd-inr-trades-flat-despite-trump-imposing-100-tariffs-on-pharmaceutical-imports/): The Indian Rupee (INR) trades broadly stable around 88.90 against the US Dollar (USD) on Friday. The USD/INR pair is expected to move higher as United States (US) President Donald Trump has announced fresh tariffs on pharmaceuticals, which will come into effect on October 1. On Thursday, US President Trump stated through a post on Truth.Social that … - [EUR/JPY trades with mild gains above 174.50 amid softer Japan Tokyo CPI data](https://todaymarkets.ae/eur-jpy-trades-with-mild-gains-above-174-50-amid-softer-japan-tokyo-cpi-data/): The EUR/JPY cross trades in positive territory around 174.80 during the early European session on Friday. The Japanese Yen (JPY) softens against the Euro (EUR) after a slight moderation of consumer inflation in Tokyo. The European Central Bank (ECB) policymakers are scheduled to speak later on Friday, including Piero Cipollone and José Luis Escrivá. Data released by the … - [USD/MXN holds losses near 18.50 following Banxico’s rate cut, US PCE Price Index eyed](https://todaymarkets.ae/usd-mxn-holds-losses-near-18-50-following-banxicos-rate-cut-us-pce-price-index-eyed/): USD/MXN depreciates after two days of gains, trading around 18.50 during the Asian hours on Friday. However, the pair may regain its ground as the Mexican Peso (MXN) may face challenges amid expectations of further rate cuts following a 25-basis-point rate cut by the Bank of Mexico (Banxico) on Thursday, as widely expected. Focus shifts … - [US core PCE inflation set to rise 2.9% YoY in August with Federal Reserve easing outlook in focus](https://todaymarkets.ae/us-core-pce-inflation-set-to-rise-2-9-yoy-in-august-with-federal-reserve-easing-outlook-in-focus/): The United States (US) Bureau of Economic Analysis (BEA) will publish the Personal Consumption Expenditures (PCE) Price Index data for August on Friday at 12:30 GMT.  The PCE index is closely watched by market participants because it is the Federal Reserve’s (Fed) preferred measure of inflation and could influence the policy outlook. Anticipating the PCE: Insights into … - [Gold holds steady amid Fed rate-cut bets, geopolitical risks and tariff worries](https://todaymarkets.ae/gold-holds-steady-amid-fed-rate-cut-bets-geopolitical-risks-and-tariff-worries/): Gold (XAU/USD) reverses a modest Asian session dip and currently trades just below the $3,750 level, nearly unchanged for the day amid a supportive fundamental backdrop. Investors seem convinced that the US Federal Reserve (Fed) will lower borrowing costs again in October and December. This, in turn, keeps a lid on the recent strong US Dollar (USD) rally … - [Live cattle futures closed with losses of $2 to $3.37](https://todaymarkets.ae/live-cattle-futures-closed-with-losses-of-2-to-3-37/): Live cattle futures closed Thursday with losses of $2 to $3.37. Cash trade has started to pick up this week, with a few $365 dressed sales in the North, down $5 on the week and live action at 232-235, $3-4 lower. Southern trade has been $237, down $3. The Thursday morning Fed Cattle Exchange online … - [Tightness in ICE Inventories Boosts Arabica Coffee Prices](https://todaymarkets.ae/tightness-in-ice-inventories-boosts-arabica-coffee-prices/): Coffee prices settled mixed on Thursday, with robusta falling sharply to a 6-week low.   Tight coffee inventories are supporting coffee prices.  However, robusta retreated on Thursday as the remnants of Typhoon Ragasa are forecast to miss the coffee-growing regions of Vietnam, easing concerns that heavy wind and rain could damage the country’s coffee crops. … - [Cocoa Prices Retreat as West African Cocoa Crop Prospects Improve](https://todaymarkets.ae/cocoa-prices-retreat-as-west-african-cocoa-crop-prospects-improve/): December ICE NY cocoa (CCZ25) on Thursday closed down -123 (-1.75%), and December ICE London cocoa #7 (CAZ25) closed down -49 (-1.00%). Cocoa prices settled lower on Thursday but remain above this week’s significant lows.  On Tuesday, NY cocoa fell to a 10.75-month low and London cocoa fell to a 2.25-month low as beneficial rains … - [Cotton Pushes Higher](https://todaymarkets.ae/cotton-pushes-higher/): Cotton futures posted slightly stronger trade on Thursday, closing with 1 to 11 point gains with now in deliveries October down 21 points. The US dollar index was back up $0.617 on the day to $98.135, with crude oil futures 25 cents higher.  Export Sales data from this morning showed just 86,094 RB of cotton … - [Soybeans on the Higher Side](https://todaymarkets.ae/soybeans-on-the-higher-side/): Soybeans rounded out Thursday trade with contracts fractionally to 3 ¼ cents higher, led by the front months. The cmdtyView national average Cash Bean price was 3 ½ cents higher at $9.36 1/4. Soymeal futures were down $1.10 to $3.10 to close the Thursday session, with Soy Oil futures 24 to 45 points higher. Argentina’s suspension of export taxes was … - [Corn Closed with Slight Gains](https://todaymarkets.ae/corn-closed-with-slight-gains/): Corn futures saw some back and forth trade on Thursday, but closed out the session with contracts up anywhere from ¼ to 1 ½ cents. The CmdtyView national average Cash Corn price was up 1 1/2 cents at $3.82 3/4. Export Sales data from this morning showed a total of 1.923 MMT of 2025/26 corn sold … - [CBT soft red wheat futures posted gains](https://todaymarkets.ae/cbt-soft-red-wheat-futures-posted-gains/): The wheat market took back the losses from Wednesday with gains across the three markets on Thursday. CBT soft red wheat futures posted gains of 5 ¼ to 7 ½ cents across the board on Thursday. KC HRW futures were back up 3 ¾ to 5 ½ cents on the session. MPLS spring wheat futures … - [Chart of The Day - EUR/CHF](https://todaymarkets.ae/chart-of-the-day-eur-chf/): The Swiss National Bank left its policy rate unchanged at 0%, marking a pause after a series of cuts since March 2024. Sight deposits will continue to be remunerated at 0% up to set thresholds, with amounts above that subject to a 0.25 percentage point discount. Policymakers emphasized readiness to act in FX markets if … - [Trade of The Day - OIL.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti-2/): Facts:  Recommendation:Trade: SHORT on OIL.WTI at market priceTarget: TP1 – 63.2000, TP2 – 61.6500Stop: SL1 – 66.1000 Opinion: The WTI oil price on the daily interval has approached the upper limit of the medium-term consolidation, and the RSI indicator is reaching levels where corrections have occurred in recent weeks. Due to the anticipated price correction, … - [GBP/USD edges higher above 1.3450 as traders await Fedspeak, key US data](https://todaymarkets.ae/gbp-usd-edges-higher-above-1-3450-as-traders-await-fedspeak-key-us-data/): The GBP/USD pair recovers some lost ground to around 1.3460 during the Asian trading hours on Thursday. The US Dollar (USD) weakens against the Pound Sterling (GBP) as traders await more cues from the Fedspeak later on Tuesday. Also, the final print of the US Gross Domestic Product (GDP) growth for the second quarter (Q2), Durable … - [USD/INR corrects as Indian Rupee rebounds, outlook remains positive](https://todaymarkets.ae/usd-inr-corrects-as-indian-rupee-rebounds-outlook-remains-positive/): The Indian Rupee (INR) opens on a slightly positive note against the US Dollar (USD) on Thursday. The USD/INR pair corrects to near 88.80 from the all-time high of 89.12 posted on Wednesday. However, the outlook of the pair remains firm as the continuous outflow of foreign funds from the Indian stock market in the … - [When is the SNB Interest Rate Decision and how could it affect USD/CHF?](https://todaymarkets.ae/when-is-the-snb-interest-rate-decision-and-how-could-it-affect-usd-chf/): SNB Interest Rate Decision Overview The Swiss National Bank (SNB) interest rate decision is scheduled this Thursday, September 25, 2025, at 07:30 GMT, which will be followed by the post-meeting press conference at 08:00 GMT. The central bank is widely expected to leave its policy rate unchanged at 0.0% for the second straight meeting after … - [EUR/GBP remains steady near 0.8750, eyes on German Consumer Confidence](https://todaymarkets.ae/eur-gbp-remains-steady-near-0-8750-eyes-on-german-consumer-confidence/): EUR/GBP moves little as traders adopt caution ahead of the German GfK Consumer Confidence Survey, trading around 0.8730 during the Asian hours on Thursday. However, the currency cross faced challenges as the Euro (EUR) weakened following Wednesday’s weaker-than-expected German business sentiment. The headline German IFO Business Climate Index unexpectedly fell to 87.7 in September from … - [JPY struggles to capitalize on intraday gains amid BoJ rate-hike uncertainty](https://todaymarkets.ae/jpy-struggles-to-capitalize-on-intraday-gains-amid-boj-rate-hike-uncertainty/): The Japanese Yen (JPY) sticks to the hawkish Bank of Japan (BoJ) Minutes-inspired gains through the Asian session on Thursday, though it lacks bullish conviction and remains close to a three-week low touched against the US Dollar (USD) the previous day. Investors remain concerned that domestic political uncertainty and economic headwinds stemming from US tariffs … - [AUD/JPY - Constructive outlook remains in play above 98.00](https://todaymarkets.ae/aud-jpy-constructive-outlook-remains-in-play-above-98-00/): The AUD/JPY cross trades flat near 98.05 during the early European session on Thursday. Minutes from the Bank of Japan’s (BoJ) July meeting revealed that board members expect the central bank to keep hiking if inflation and the economy move as estimated. The hawkish tone from the BoJ meeting Minutes could underpin the JPY in … - [GBP/JPY ticks down to near 200.00, investor await Tokyo CPI data](https://todaymarkets.ae/gbp-jpy-ticks-down-to-near-200-00-investor-await-tokyo-cpi-data/): The GBP/JPY pair edges lower to near 200.00 during the late Asian trading session on Thursday. The pair ticks down as the Japanese Yen (JPY) trades higher, following the release of the Bank of Japan (BoJ) Monetary Policy minutes of the July meeting released earlier in the day. BoJ minutes signaled growing acceptance among policymakers … - [Gold remains confined in a range as traders await Fed signals; $3,700 holds the key](https://todaymarkets.ae/gold-remains-confined-in-a-range-as-traders-await-fed-signals-3700-holds-the-key/): Gold (XAU/USD) extends its sideways consolidative price below below the $3,750 level through the Asian session on Thursday, though it manages to hold above the previous day’s swing low. Federal Reserve (Fed) Chair Jerome Powell’s cautious remarks earlier this week might have tempered market expectations for a more aggressive policy easing and acted as a headwind for … - [ETH retest $4,000 as its funding rates flips negative](https://todaymarkets.ae/eth-retest-4000-as-its-funding-rates-flips-negative/): Ethereum price today: $4,150 Ethereum (ETH) bounced off the $4,000 support on Wednesday as its funding rates flipped negative amid steady outflows in ETFs tracking its price. ETH funding rates indicate rising short positioning Ethereum funding rates turned negative on Wednesday, marking the second time this week, after flashing red on Monday following the large leverage … - [Copper Extends Gains on Supply Concerns](https://todaymarkets.ae/copper-extends-gains-on-supply-concerns/): Copper futures climbed to a near two-month high above $4.82 per pound on Thursday, extending the prior session’s rally after Freeport-McMoRan declared force majeure on output from its Grasberg mine in Indonesia, the world’s second-largest copper source. The decision followed a September 8 accident that killed two workers and left five missing after a massive … - [Silver Holds Steady Ahead of US Data](https://todaymarkets.ae/silver-holds-steady-ahead-of-us-data/): Silver traded just below $44 per ounce on Thursday, hovering near a 14-year high as investors awaited key US jobs and inflation data to shape the Federal Reserve’s policy outlook. Weekly jobless claims are due later today, followed by Friday’s PCE price index release. Recent Fed commentary has muddied expectations for further easing, with traders … - [Russia Tweaks 2025 Energy Forecast: Gas Down, Oil Up](https://todaymarkets.ae/russia-tweaks-2025-energy-forecast-gas-down-oil-up/): Russia has revised its 2025 energy outlook, cutting forecasts for gas exports and production while raising oil export projections, amid ongoing fallout from its war in Ukraine and deteriorating relations with the West. Russian gas now makes up just 18% of EU imports, down sharply from 45% in 2021, while oil imports have plunged to … - [Russia to Raise VAT to 22% in 2026 as Budget Deficit Widens](https://todaymarkets.ae/russia-to-raise-vat-to-22-in-2026-as-budget-deficit-widens/): Russia’s finance ministry proposed raising the value-added tax (VAT) rate to 22% from 20% in 2026 to fund military spending and help curb a swelling budget deficit, in what would be the fifth year of the war in Ukraine, Reuters reported. The proposal comes as US President Trump called Russia a “paper tiger” for “fighting … - [US Futures Steady After 2-Day Slide](https://todaymarkets.ae/us-futures-steady-after-2-day-slide/): US stock futures held firm on Thursday after major indexes fell for two consecutive sessions, weighed down by weakness in AI leaders, mixed Federal Reserve signals, and profit-taking near record highs. In extended trading, Intel gained over 2% on reports it approached Apple about a potential investment. During Wednesday’s session, the Dow slipped 0.37%, the … - [South Korean Won Strengthens on FX Swap Talks](https://todaymarkets.ae/south-korean-won-strengthens-on-fx-swap-talks/): The South Korean won rose to around 1,400 per dollar on Thursday, rebounding notably from recent lows as optimism built around Seoul’s tariff negotiations with Washington and the possibility of a dollar swap line. US officials confirmed that a swap line with Korea remains on the table, even as such tools are increasingly politicized under … - [China Stocks Extend Gains on Tech Boost](https://todaymarkets.ae/china-stocks-extend-gains-on-tech-boost/): The Shanghai Composite added 0.15% to around 3,860 while the Shenzhen Component advanced 1.2% to 13,515 on Thursday, with mainland equities rising for a second session on strength in high-growth technology shares. China’s ongoing drive in artificial intelligence lifted sentiment, with Alibaba announcing plans to launch its first data centers in Brazil, France and the … - [Australia 10-Year Yield Steady at Near 3-Week High](https://todaymarkets.ae/australia-10-year-yield-steady-at-near-3-week-high/): Australia’s 10-year government bond yield held steady at a near three-week high of 4.33% on Thursday, as investors reassessed the Reserve Bank’s policy outlook following a hotter-than-expected monthly inflation reading. Markets had already seen little chance of a rate cut next week, but have now also trimmed the chance of a November cut to 40% … - [China Pushes Yuan Bond Expansion in Hong Kong](https://todaymarkets.ae/china-pushes-yuan-bond-expansion-in-hong-kong/): The People’s Bank of China will introduce a series of measures to boost the development of yuan-denominated bonds in Hong Kong, according to Deputy Governor Zou Lan. Speaking at a financial forum on Thursday, Zou said the central bank will support foreign institutions in conducting repo transactions to improve yuan bond utilisation. Plans also include … - [US 10-Year Yield Steady Ahead of Key Data](https://todaymarkets.ae/us-10-year-yield-steady-ahead-of-key-data/): The yield on the 10-year Treasury held near 4.14% on Thursday after climbing in the prior session, as investors awaited crucial labor and inflation data to shape the Federal Reserve’s policy outlook. Weekly jobless claims due later today come amid mounting worries over labor market weakness and rising layoffs, while Friday’s PCE price index will … - [Japan 10-Year Yield Steady After BOJ Minutes](https://todaymarkets.ae/japan-10-year-yield-steady-after-boj-minutes/): Japan’s 10-year government bond yield hovered around 1.65% on Thursday, holding near 17-year highs after minutes from the Bank of Japan’s July meeting signaled that policymakers remain inclined to raise interest rates if economic and price conditions develop as expected. At its September meeting, the BOJ kept rates unchanged but saw two dissents, underscoring the … - [Offshore Yuan Rebounds on PBoC Fixing](https://todaymarkets.ae/offshore-yuan-rebounds-on-pboc-fixing/): The offshore yuan rose to around 7.13 per dollar on Thursday, paring back significant losses from the previous session, after the People’s Bank of China set a stronger-than-expected daily reference rate. Prior to the market opening, the central bank set the reference rate at 7.1118 per dollar, firmer than Reuters’ estimate of 7.1293. Market sentiment … - [EU Passenger Car Registrations Rise 5.3% in August](https://todaymarkets.ae/eu-passenger-car-registrations-rise-5-3-in-august/): Passenger car registrations in the European Union climbed by 5.3% yoy to 677,786 units in August 2025, following a 7.4% gain in July. This marked the 2nd consecutive month of growth, mainly driven by increases in three of the EU’s four largest markets: Spain (17.2%), Germany (5.0%), and France (2.2%). Conversely, registrations in Italy declined … - [Palm Oil Extends Gains](https://todaymarkets.ae/palm-oil-extends-gains/): Malaysian palm oil futures climbed nearly 1% to above MYR 4,400 per tonne, marking advances for the second consecutive session on support from a weaker ringgit and strength in rival edible oils on the Dalian and Chicago exchanges. Export momentum also strengthened, with cargo surveyors reporting shipments rising 8.3%–8.7% in the first 20 days of … - [Cattle Retreat](https://todaymarkets.ae/cattle-retreat/): Live cattle futures were pulling back on the Wednesday session with contracts $1.50 to $2.20 lower at the close. Cash trade has been quiet so far this week, with a few sparse $365 dressed sales in the North. The Wednesday morning Fed Cattle Exchange online auction showed no sales on the 2,144 head offered, with … - [Cocoa Prices Close Higher on Tighter Inventories](https://todaymarkets.ae/cocoa-prices-close-higher-on-tighter-inventories/): December ICE NY cocoa (CCZ25) on Wednesday closed up +56 (+0.80%), and December ICE London cocoa #7 (CAZ25) closed up +33 (+0.68%). Cocoa prices settled higher on Wednesday, finding support from signs that recent low prices have started to spur demand from commercial buyers and end-users. Also, tighter cocoa inventories are supportive for prices after … - [Coffee Price Surge as ICE Inventories Shrink](https://todaymarkets.ae/coffee-price-surge-as-ice-inventories-shrink/): December arabica coffee (KCZ25) on Wednesday closed up +17.60 (+5.03%), and November ICE robusta coffee (RMX25) closed up +101 (+2.45%). Coffee prices rallied sharply on Wednesday.  The 50% tariffs imposed on US imports from Brazil have led to a sharp drawdown in ICE coffee inventories, a bullish factor for coffee prices.  ICE-monitored arabica inventories fell … - [Cotton Falls Back](https://todaymarkets.ae/cotton-falls-back/): Cotton futures posted losses on Wednesday, with contracts falling 45 to 50 points in the front months. The outside markets were mixed, as the US dollar index was back up $0.617 on the day to $97.510 with crude oil futures $1.40 higher. Tuesday’s online auction from The Seam showed 910 sales at an average price of … - [Soybeans Slip Lower ](https://todaymarkets.ae/soybeans-slip-lower/): Soybeans closed out Wednesday with losses of 1 to 3 ¼ cents across the board, pulling off the early session gains. The cmdtyView national average Cash Bean price was 2 cents lower at $9.33 3/4. Soymeal futures were down $1 to $3.40 on the day, with Soy Oil futures closing 1 to 6 points lower. A private export sale of … - [Corn Closes Lower Despite More Export Business](https://todaymarkets.ae/corn-closes-lower-despite-more-export-business/): Corn futures posted losses of 1 to 2 cents across most contracts to close out the Wednesday session. The CmdtyView national average Cash Corn price was down 2 cents at $3.80 1/4. USDA reported a private export sale of 312,956 MT of corn to Mexico on this morning, all for 2025/26. Export Sales data via the … - [Wheat Heads Lower](https://todaymarkets.ae/wheat-heads-lower/): The wheat market was in retreat mode late on Wednesday. CBT soft red wheat futures were steady to down a penny at the close. KC HRW futures fell back by 3 to 4 3/4 cents on the session. MPLS spring wheat futures closed the day with contracts off the highs and near unchanged in the … - [BlackRock’s Bitcoin ETF: Bearish sentiment in IBIT stays strong for two straight months](https://todaymarkets.ae/blackrocks-bitcoin-etf-bearish-sentiment-in-ibit-stays-strong-for-two-straight-months/): What to know Key metric tied to BlackRock’s Nasdaq-listed spot  exchange-traded fund, IBIT, has been flashing warning signs for two straight months.IBIT’s one-year put-call skew, a measure of market sentiment or pessimism, flipped positive on July 25 and has remained comfortably above zero since then, according to data source Market Chameleon. That’s two straight months of bearish put … - [Bitcoin, Ethereum, XRP pare losses as whale selling continues](https://todaymarkets.ae/bitcoin-ethereum-xrp-pare-losses-as-whale-selling-continues/): Bitcoin (BTC) is paring intraday losses, trading above $112,500 at the time of writing on Wednesday. Due to extreme volatility this week, the BTC price dipped to $111,042 earlier in the day amid intense risk-off sentiment, particularly among the whales.  If the short-term support at $111,868 holds, Bitcoin could steady its recovery toward $116,000, but … - [Chart of The Day - AUD/JPY](https://todaymarkets.ae/chart-of-the-day-aud-jpy/): AUDJPY rebounds bullishly by 0.7%, with yen giving up the most against the Australian dollar among all G10 currencies. Dynamic appreciation of AUDJPY has been motivated by trend-supporting data from both economies, particularly higher monthly inflation reading in Australia that caps expectations for further monetary easing in the country. AUDUSD rebounds from the lower bound … - [Palm Oil Stabilizes on Bargain Hunting, Rising Exports](https://todaymarkets.ae/palm-oil-stabilizes-on-bargain-hunting-rising-exports/): Malaysian palm oil futures held near MYR 4,350 per tonne after a 2% decline in the previous session to a six-week low. The recovery was supported by bargain hunting, a weaker ringgit, and firmer crude oil prices amid tightening global supply. Market sentiment also benefited from reports that the European Union will postpone enforcement of … - [Iron Ore Extends Losses for Third Session](https://todaymarkets.ae/iron-ore-extends-losses-for-third-session/): Iron ore futures fell below CNY 802 per ton on Wednesday, marking a third consecutive decline amid persistent concerns over market fundamentals. Analysts noted that prices remain pressured by weak steel mill margins and ample seaborne supply. China’s end-use steel demand also contracted in the third quarter, offsetting earlier strength in manufacturing-related consumption. At the … - [USD/CAD holds gains near 1.3850 amid increased risk aversion](https://todaymarkets.ae/usd-cad-holds-gains-near-1-3850-amid-increased-risk-aversion/): USD/CAD extends its winning streak for the third consecutive day, trading around 1.3840 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) receives support from increased risk aversion, driven by the fresh tariff threats from US President Donald Trump against Russia. At the United Nations (UN) General Assembly on Tuesday, President … - [GBP/USD softens to near 1.3500 on weaker UK PMI data](https://todaymarkets.ae/gbp-usd-softens-to-near-1-3500-on-weaker-uk-pmi-data/): The GBP/USD pair loses ground to near 1.3510 during the early European session on Wednesday. The Pound Sterling (GBP) weakens against the US Dollar (USD) on downbeat UK S&P Global Purchasing Managers’ Index (PMI) data for September. The Bank of England (BoE) External Member Megan Greece is set to speak later on Wednesday.  Economic activity in the UK’s private … - [WTI holds losses near $63.50 despite growing supply concerns](https://todaymarkets.ae/wti-holds-losses-near-63-50-despite-growing-supply-concerns/): West Texas Intermediate (WTI) Oil price edges lower after registering more than 2% in the previous session, trading around $63.50 per barrel during the Asian hours on Wednesday. Crude Oil prices gained ground after the American Petroleum Institute’s (API) Weekly Statistical Bulletin (WSB) reported a drop in United States (US) crude inventories, heightening supply concerns. API data showed US … - [EUR/JPY Positive bias prevails, key upside barrier emerges near 175.00](https://todaymarkets.ae/eur-jpy-positive-bias-prevails-key-upside-barrier-emerges-near-175-00/): The EUR/JPY cross posts modest gains near 174.50 during the early European trading hours on Wednesday. The Japanese Yen (JPY) softens against the Euro (EUR) after the latest S&P Global flash Japan Manufacturing Purchasing Managers’ Index (PMI) fell at the fastest pace in six months in September.  Additionally, concerns over political uncertainty in Japan ahead … - [JPY weakens further against a broadly firmer USD; downside seems cushioned](https://todaymarkets.ae/jpy-weakens-further-against-a-broadly-firmer-usd-downside-seems-cushioned/): The Japanese Yen (JPY) extends its steady intraday descent against a broadly firmer US Dollar (USD) and lifts the USD/JPY pair to the 148.00 mark during the Asian session on Wednesday. A private survey showed this Wednesday that manufacturing sector activity in Japan fell at the fastest pace in six months in September. This comes … - [Gold remains close to all-time high amid Fed rate cut bets and geopolitical risks](https://todaymarkets.ae/gold-remains-close-to-all-time-high-amid-fed-rate-cut-bets-and-geopolitical-risks/): Gold (XAU/USD) reverses a modest Asian session dip to the $3,750 area and, for now, seems to have stalled its retracement slide from the all-time peak touched the previous day. Expectations for further interest rate cuts by the Federal Reserve (Fed), along with geopolitical uncertainties stemming from the intensifying Russia-Ukraine war and conflicts in the Middle East, … - [US Dollar Index rises to near 97.50 due to risk-off sentiment, Fed caution](https://todaymarkets.ae/us-dollar-index-rises-to-near-97-50-due-to-risk-off-sentiment-fed-caution/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after two days of losses and trading around 97.30 during the Asian hours on Wednesday. Traders await the upcoming US Q2 Gross Domestic Product Annualized and Personal Consumption Expenditures (PCE) Price Index data, the Federal Reserve’s preferred inflation … - [USD/CHF trades calmly around 0.7920, SNB’s interest rate policy comes under spotlight](https://todaymarkets.ae/usd-chf-trades-calmly-around-0-7920-snbs-interest-rate-policy-comes-under-spotlight/): The USD/CHF pair trades broadly calm around 0.7920 during the late Asian session on Tuesday. The Swiss Franc pair consolidates as the US Dollar (USD) wobbles after Federal Reserve (Fed) Chair Jerome Powell signaled caution on interest rate cuts amid growing risks to the dual mandate. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value … - [Gold Hovers Near Record High](https://todaymarkets.ae/gold-hovers-near-record-high/): Gold dipped to around $3,750 per ounce on Wednesday, but staying near the fresh record set in the previous session, as investors digested recent Federal Reserve commentary. Chair Jerome Powell struck a cautious tone, saying the Fed must balance persistent inflation with a weakening job market, describing it as “a challenging situation” and echoing last … - [Hong Kong Shares Inch Higher](https://todaymarkets.ae/hong-kong-shares-inch-higher/): Stocks in Hong Kong edged up 27 points, or 0.1%, to 26,186 in Wednesday morning trade, trying to reverse losses from the prior two sessions as most sectors advanced. Bargain hunting, particularly in property stocks, helped lift the market from its near two-week low. Investors were also encouraged by modest gains in China’s markets after … - [Offshore Yuan Weakens](https://todaymarkets.ae/offshore-yuan-weakens/): The offshore yuan weakened to around 7.11 per dollar on Wednesday, snapping a two-session winning streak as cautious remarks from Fed Chair Jerome Powell bolstered the US dollar. Powell emphasized that the central bank must carefully navigate the ongoing trade-off between stubborn inflation and a softening labor market—a policy dilemma he characterized as “a challenging … - [South Korean Won Falls Amid Tariff Concerns and Firm Dollar](https://todaymarkets.ae/south-korean-won-falls-amid-tariff-concerns-and-firm-dollar/): The South Korean won fell to around 1,394 per dollar on Wednesday, extending losses from the previous session as investors turned cautious over trade and monetary policy signals. President Lee Jae Myung, in a meeting with US Congress members in New York on Tuesday, warned that ongoing tariff negotiations with Washington were unsettling the foreign … - [China Stocks Extend Losses on Cautious Mood](https://todaymarkets.ae/china-stocks-extend-losses-on-cautious-mood/): The Shanghai Composite slipped 0.1% to below 3,820 and the Shenzhen Component fell 0.2% to 13,090 on Wednesday, marking a second straight decline as the absence of new policy support dampened sentiment. Profit-taking, particularly in artificial intelligence and related names, also weighed on the market. While signs of economic weakness persist, Beijing has so far … - [US 10-Year Yield Stabilizes After Powell Remarks](https://todaymarkets.ae/us-10-year-yield-stabilizes-after-powell-remarks/): The US 10-year Treasury yield steadied near 4.11% on Wednesday after falling about 5 basis points in the prior session, as Federal Reserve Chair Jerome Powell signaled caution on further policy easing. Powell said the rate-cut outlook remains uncertain as the Fed faces the challenge of containing inflation while supporting a softening labor market. He … - [Japan 10-Year Yield Holds Near 17-Year Peak](https://todaymarkets.ae/japan-10-year-yield-holds-near-17-year-peak/): Japan’s 10-year government bond yield held around 1.65% on Wednesday, staying close to 17-year highs as investors weighed the economic backdrop and policy outlook. Fresh data showed September manufacturing activity contracted at the sharpest pace in six months, while services growth slowed to a three-month low. Businesses remained cautious amid domestic uncertainty and shifting global … - [Sweden’s Anna Breman Selected as Next RBNZ Governor](https://todaymarkets.ae/swedens-anna-breman-selected-as-next-rbnz-governor/): New Zealand Finance Minister Nicola Willis on Wednesday announced the appointment of Anna Breman as the country’s new central bank governor, making her the first woman to hold the role. Breman, currently the First Deputy Governor of Sweden’s central bank, the Riksbank, will assume her position at the Reserve Bank of New Zealand (RBNZ) on … - [Australia 10-Year Yield Rises After Hot Monthly CPI Data](https://todaymarkets.ae/australia-10-year-yield-rises-after-hot-monthly-cpi-data/): Australia’s 10-year government bond yield rose toward 4.30% on Wednesday, its highest level in more than two weeks, as higher-than-expected monthly inflation data supported the case for interest rates to remain on hold. Annual headline inflation rose to a one-year high of 3% in August from 2.8% in July, slightly above market forecasts of 2.9%. … - [RBA Presses ASX for Governance Overhaul](https://todaymarkets.ae/rba-presses-asx-for-governance-overhaul/): The Reserve Bank of Australia on Wednesday said in a statement on its website that the Australian Securities Exchange must make “foundational changes” to its governance, culture, and risk management following last year’s trading settlement failure. It warned ASX’s clearing and settlement units still fall short of regulatory standards and pledged close oversight. “ASX is … - [Silver Hovers 14-Year High After Powell Comments](https://todaymarkets.ae/silver-hovers-14-year-high-after-powell-comments/): Silver stayed above $44 per ounce on Wednesday, hovering near a 14-year high as traders reassessed the Federal Reserve’s outlook following measured remarks from Chair Jerome Powell. Powell cautioned that the timing of rate cuts remains uncertain, stressing the Fed’s challenge in balancing inflation control with signs of labor market weakness. He also highlighted that … - [A Blow to Growth as U.K Private Sector Sinks but, Inflation May Have Peaked](https://todaymarkets.ae/a-blow-to-growth-as-u-k-private-sector-sinks-but-inflation-may-have-peaked/): The PMI surveys for September suggest that the third quarter was another weak one for the UK economy, however, there was also some good news on prices. Price rises moderated this month, which could shift the Bank of England back towards a dovish stance later this year.   The composite PMI sunk to 51.0, from … - [Commodity Talk - Oil, Natgas, Silver And Cocoa](https://todaymarkets.ae/commodity-talk-oil-natgas-silver-and-cocoa/): Crude Oil The supply surplus this year is very large, although we have not seen a corresponding significant increase in inventories. Source: Bloomberg Finance LP, XTB US crude oil inventories remain near last year’s levels and close to their five-year minimum. Source: Bloomberg Finance LP, XTB Crude oil remains under pressure and is currently testing … - [EURUSD Rebounds After Better Than Expected PMI Reading From Germany](https://todaymarkets.ae/10291-2/): Germany: HCOB Composite PMI: 52.4 (est 50.7; prev 50.5) – HCOB Manufacturing PMI Sep P: 48.5 (est 50.0; prev 49.8) – HCOB Services PMI: 52.5 (est 49.5; prev 49.3) In September, German business activity grew at its fastest pace in 16 months, with the HCOB Flash Germany Composite PMI rising to 52.4, mainly thanks to … - [France Services Sector Contracts More than Expected](https://todaymarkets.ae/france-services-sector-contracts-more-than-expected/): The HCOB France Services PMI fell to 48.9 in September 2025 from 49.8 in the previous month, worse than market expectations of 49.6, according to flash estimates. This marked the thirteenth consecutive month of contraction in the sector, primarily driven by a sharper decline in output following a period of stabilization midway through the third … - [Chart of The Day - OIL.WTI](https://todaymarkets.ae/chart-of-the-day-oil-wti/): OIL.WTI is under pressure today as Iraq’s federal government and the Kurdish regional government reached a breakthrough deal to restart crude oil exports through the key pipeline to Turkey, which has been shut since March 2023 due to a dispute over export revenues and legal rights. The initial agreement allows roughly 230,000 barrels per day … - [Economic Calendar - Preliminary PMI Data For September - Powell Speech](https://todaymarkets.ae/economic-calendar-preliminary-pmi-data-for-september-powell-speech/): We are starting the Tuesday session on financial markets. APAC exchanges closed mixed – Tokyo was shut for a holiday, Hang Seng declined, Shanghai Composite rose, and Australia finished lower; Wall Street futures are slightly up after a positive Monday, and Euro Stoxx 50 futures are modestly higher before the open. Sentiment was boosted by … - [EUR/USD pulls back from highs ahead of Eurozone business activity data](https://todaymarkets.ae/eur-usd-pulls-back-from-highs-ahead-of-eurozone-business-activity-data/): EUR/USD eases from highs, following a sharp rebound on Monday. The pair has returned below 1.1800, trading at 1.1795 at the time of writing, after hitting 1.1820 earlier on the day. Traders appear to have become cautious, awaiting the preliminary Purchasing Managers Index (PMI) figures and Fed Chairman Jerome Powell’s speech, both due later on the … - [Iron Ore Falls on Weak China Steel Demand](https://todaymarkets.ae/iron-ore-falls-on-weak-china-steel-demand/): Iron ore futures slipped below CNY 803 per ton on Tuesday, extending losses for a second session as China’s end-use steel demand slumped in the third quarter, offsetting earlier gains in manufacturing-related consumption. Authorities in the world’s top steel producer also plan to curb new capacity to address excess output and falling prices, contributing to … - [Steel Drops on Weak China Demand](https://todaymarkets.ae/steel-drops-on-weak-china-demand/): Steel rebar futures fell to around CNY 3,080 per ton on Tuesday, pulling back from near four-week highs as China’s end-use demand slumped in the third quarter despite earlier strength in manufacturing-related consumption. The world’s top producer also moved to curb new capacity to address oversupply and falling prices, adding to inventory buildup. Last month, … - [Indian Markets Slip for Third Straight Day](https://todaymarkets.ae/indian-markets-slip-for-third-straight-day/): The BSE Sensex dropped 251 points, or 0.3%, to 81,909 in morning trade on Tuesday, marking its third consecutive decline and hitting its lowest level in over a week. A sharp increase in H-1B visa costs continued to weigh on market sentiment. IT stocks were the main drag on the index, followed by pharmaceuticals and … - [U.S. and China in Final Talks on Major Boeing Aircraft Purchase](https://todaymarkets.ae/u-s-and-china-in-final-talks-on-major-boeing-aircraft-purchase/): The U.S. and China are in the final stages of talks on a major Boeing Co. aircraft order, U.S. Ambassador to China David Perdue said, according to Bloomberg News. Though he gave no details on the size, Perdue told reporters in Beijing—alongside a delegation of U.S. lawmakers—that an agreement could be reached soon. The deal … - [Corn Higher Ahead of Export Sales Release](https://todaymarkets.ae/corn-higher-ahead-of-export-sales-release/): The corn market is starting off Thursday with 2 to 4 cent gains. Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents, as traders closed out the month with a bounce. There were another 25 deliveries against May corn futures overnight. The nearby CmdtyView national average Cash Corn price was up 5 … - [Demand Concerns Hammer Coffee Prices](https://todaymarkets.ae/demand-concerns-hammer-coffee-prices/): July arabica coffee (KCN25) today is down -17.90 (-4.47%), and July ICE robusta coffee (RMN25) is down -242 (-4.51%). Coffee prices today sank to 1-week lows and are sharply lower.  Coffee prices fell on concern that higher tariffs will boost coffee prices and dampen demand.  Several global commodity importers, including Starbucks, Hershey, and Mondelez International, … - [GBP/USD slips below 1.33 as US and UK manufacturing activity slumps](https://todaymarkets.ae/gbp-usd-slips-below-1-33-as-us-and-uk-manufacturing-activity-slumps/): The Pound Sterling edges lower against the US Dollar on Thursday, with most European markets closed during Labor Day. The release of manufacturing activity data on both sides of the Atlantic and US trade policies continued to drive the financial markets. At the time of writing, the GBP/USD trades at 1.3295, down 0.25%. GBP/USD down 0.25% to … - [Commodity Market Roundup- April’s Top Performers and Underperformers](https://todaymarkets.ae/commodity-market-roundup-aprils-top-performers-and-underperformers/): A weaker dollar index and a decline in the long-term bond prices were competing bullish and bearish factors for commodities in April for the second consecutive month. The June dollar index moved 4.44% lower, while the June U.S. 30-year Treasury bond futures fell 0.80% to 116-26 during the fourth month of 2025. Gold was higher, … - [US ISM Manufacturing PMI declines to 48.7 in April vs. 48 expected](https://todaymarkets.ae/us-ism-manufacturing-pmi-declines-to-48-7-in-april-vs-48-expected/): The business activity in the United States (US) manufacturing sector continued to contracted in April, with the ISM Manufacturing Purchasing Managers Index (PMI) edging lower to 48.7 from 49 in March. This reading came in better than the market expectation of 48. The Employment Index improved to 46.5 from 44.7 in this period, pointing to a decrease … - [EUR/USD recovers as US Dollar struggles to extend recovery](https://todaymarkets.ae/eur-usd-recovers-as-us-dollar-struggles-to-extend-recovery/): EUR/USD flattens around 1.1330 during North American trading hours on Thursday. The major currency pair recovers its initial losses after sliding to near 1.1285 as the US Dollar Index (DXY), which tracks the Greenback’s value against six major peers, gives back some early gains after failing to extend its two-day recovery above the psychological level of 100.00. The … - [US weekly Initial Jobless Claims rise to 241K vs. 224K expected](https://todaymarkets.ae/us-weekly-initial-jobless-claims-rise-to-241k-vs-224k-expected/): There were 241,000 initial jobless claims in the week ending April 26, the weekly data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week’s print of 223,000 (revised from 222,000) and came in worse than the market expectation of 224,000. Further details of the publication revealed that … - [U.S.- Ukraine Mineral Deal Finally Signed](https://todaymarkets.ae/u-s-ukraine-mineral-deal-finally-signed/): Ukraine signed a mineral agreement with the USA yesterday, April 30, 2025. The document outlines a framework for economic partnership, focusing on Ukraine’s key minerals and natural resources. Markets have responded positively to the deal, which, alongside strong earnings from U.S. companies, is supporting today’s upbeat sentiment on Wall Street. The U.S.–Ukraine mineral resource agreement establishes … - [Tesla Board Denies Rumors About Replacing Musk](https://todaymarkets.ae/tesla-board-denies-rumors-about-replacing-musk/): Tesla shares have erased earlier losses and are now up 0.70% in premarket trading after the company firmly denied reports that it is searching for a replacement for CEO Elon Musk. The Wall Street Journal claimed the board was frustrated with Musk’s political commitments and Tesla’s stock performance, but Tesla and board chair Robyn Denholm called … - [U.S. Markets Get a Tech Boost While Apple Stands Out For All The Wrong Reasons](https://todaymarkets.ae/u-s-markets-get-a-tech-boost-while-apple-stands-out-for-all-the-wrong-reasons/): European stock market moves have mostly evaporated this morning, as the focus shifts to some key event risk later this week. Apple’s earnings report that is due along with Friday’s jobs report for April, are both seen as litmus tests for the damage caused by US trade tariffs on the US economy and on corporate … - [Bitcoin Breaks $96K After Eric Trump Announces a $2 Billion Transaction](https://todaymarkets.ae/bitcoin-breaks-96k-after-eric-trump-announces-a-2-billion-transaction/): Cryptocurrencies continue to rally on a wave of positive news. Bitcoin breaks through 96,000 USD, gaining over 2.00%, following reports that World Liberty Financial’s stablecoin USD1 will be used to finalize an investment into Binance. The transaction is valued at $2 billion and involves MGX, a company based in Abu Dhabi. Eric Trump announced during … - [Meta Platforms up 6.30% Following Earning Release](https://todaymarkets.ae/meta-platforms-up-6-30-following-earning-release/): Meta Platforms (META.US) is up 6.30% in pre-market trading following quarterly earnings release. The company posted a better-than-expected Q1 report and offered optimistic guidance based on rapidly growing investments in artificial intelligence infrastructure. Earnings summary: Management commentary CEO Mark Zuckerberg told investors that the past quarter highlighted “five main opportunities” related to AI: more effective … - [USD/JPY Gains 1.10% on BOJ Forecasts](https://todaymarkets.ae/usd-jpy-gains-1-10-on-boj-forecasts/): BOJ lowers GDP forecasts and sees significant uncertainty tied to Trump’s trade policy 🔎 The Bank of Japan left the short-term interest rate unchanged at +0.50% during its May 1 meeting but presented clearly more cautious forecasts. In the new quarterly report, the board lowered its real GDP forecast for fiscal year 2025 to 0.5% (from … - [Chart of The Day - Ethereum](https://todaymarkets.ae/chart-of-the-day-ethereum/): In recent weeks, Bitcoin has recorded impressive gains – since the beginning of April, it has risen by nearly 28% from its local lows. Ethereum has also seen a solid rebound, though slightly weaker – its value has increased by around 27%. Despite the similar scale of short-term gains, Ethereum is clearly underperforming compared to … - [Economic Calendar - PMI And ISM Reports Elevate Investor Concerns](https://todaymarkets.ae/economic-calendar-pmi-and-ism-reports-elevate-investor-concerns/): The key reports of the day will be the U.S. manufacturing PMI and ISM for April. These publications will be especially worth monitoring in the context of yesterday’s GDP report, which turned out much weaker than expected. Although the GDP weakness was mainly driven by net exports — as companies imported goods “in advance” anticipating … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-9/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD drops to multi-week low, bears have the upper hand near $32.00](https://todaymarkets.ae/xag-usd-drops-to-multi-week-low-bears-have-the-upper-hand-near-32-00/): Silver (XAG/USD) drifts lower for the third straight day – also marking the fourth day of a negative move in the previous five – and drops to over a two-week low during the Asian session on Thursday. The white metal, however, shows some resilience below the $32.00 mark, though the technical setup supports prospects for … - [XAU adds to intraday losses to two-week low amid trade optimism, modest USD strength](https://todaymarkets.ae/xau-adds-to-intraday-losses-to-two-week-low-amid-trade-optimism-modest-usd-strength/): Gold price (XAU/USD) extends its downtrend for the third successive day and drops to over a two-week low, around the $3,221 region during the Asian session on Thursday. Signs of easing trade tensions between the US and China – the world’s two largest economies – continue to undermine demand for traditional safe-haven assets and exert … - [EUR/USD Bullish outlook remains in play near 1.1300](https://todaymarkets.ae/eur-usd-bullish-outlook-remains-in-play-near-1-1300/): The EUR/USD pair weakens to around 1.1295 during the early European session on Thursday, pressured by the renewed US Dollar (USD) demand. The optimism over the potential de-escalation of the US-China trade war provides some support to the Greenback and creates a headwind for the major pair. Traders will keep an eye on the US ISM Manufacturing … - [Sugar Prices Fall on Higher Brazil Sugar Output](https://todaymarkets.ae/sugar-prices-fall-on-higher-brazil-sugar-output/): May NY world sugar #11 (SBK25) Wednesday closed down -0.16 (-0.91%), and August London ICE white sugar #5 (SWQ25) closed down -4.00 (-0.81%). Sugar prices on Wednesday extended this week’s decline, with NY sugar falling to a 2-1/2 year nearest-futures low and London sugar posting a 2-week low.  The outlook for higher Brazil sugar production … - [Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents](https://todaymarkets.ae/corn-futures-settled-the-wednesday-session-with-contracts-up-1-to-6-%c2%be-cents/): Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents, as traders closed out the month with a bounce. The nearby CmdtyView national average Cash Corn price was up 5 1/4 cents at $4.42 1/2.  USDA reported a private export sale of 120,000 MT of corn to unknown destination this morning for 2024/25 … - [Soybeans posted losses of 6 to 9 cents across most contracts ](https://todaymarkets.ae/soybeans-posted-losses-of-6-to-9-cents-across-most-contracts/): Soybeans posted losses of 6 to 9 cents across most contracts on Wednesday.  CmdtyView’s national front month Cash Bean price is down 7 1/4 cents at $9.88. Soymeal futures are back down 20 to 80 cents/ton, with Soy Oil futures were falling back another 27 to 58 points.  There is some pressure as we head into the end of the month. … - [Wheat Sees Some Bargain Buying at Month End](https://todaymarkets.ae/wheat-sees-some-bargain-buying-at-month-end/): The wheat complex bounced back to close out the Wednesday session with the SRW and spring wheat contracts posting strength and HRW weaker. Chicago SRW futures were up 5 to 8 cents. Kansas City HRW contracts saw slight losses of 1 to 2 cents on Wednesday. MPLS spring wheat was up 4 to 9 cents at … - [Microsoft Beat Expectations as Cloud And AI Drive Growth](https://todaymarkets.ae/microsoft-beat-expectations-as-cloud-and-ai-drive-growth/): Microsoft has reported its financial results for the third quarter of fiscal year 2025, significantly surpassing analyst expectations and underscoring the company’s robust position in the cloud and artificial intelligence sectors. Shares in the tech giant surged by as much as 7% in after-hours trading. Key Figures from the Report: Key Growth Drivers: Management Commentary: … - [US Dollar Index (DXY) advances to two-week high near 99.75](https://todaymarkets.ae/us-dollar-index-dxy-advances-to-two-week-high-near-99-75/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some buyers for the third straight day and climbs to a two-week high, around the 99.70-99.75 region during the Asian session on Thursday. The intraday US Dollar (USD) move higher is backed by US President Donald Trump’s remarks, which adds to … - [EUR/GBP hovers near 0.8500 as soft Eurozone inflation, dovish BoE shape outlook](https://todaymarkets.ae/eur-gbp-hovers-near-0-8500-as-soft-eurozone-inflation-dovish-boe-shape-outlook/): EUR/GBP holds ground for a second consecutive session, trading around the 0.8500 mark during the Asian session on Thursday. However, the upside of the EUR/GBP cross may be capped as the Euro (EUR) trades cautiously following weaker-than-expected preliminary April Harmonized Index of Consumer Prices (HICP) data from Germany and France, along with steady readings from … - [USD/CAD languishes near YTD low, seems vulnerable below 1.3800 mark](https://todaymarkets.ae/usd-cad-languishes-near-ytd-low-seems-vulnerable-below-1-3800-mark/): The USD/CAD pair enters a bearish consolidation phase during the Asian session on Thursday and oscillates in a narrow band below the 1.3800 mark, near its lowest level since October 2025 touched the previous day. The Canadian Dollar (CAD) continues to be underpinned by the Liberal Party’s victory in the Canadian federal election, which strengthens the incumbent … - [EUR/JPY rises to near 162.50 as BoJ maintains policy rate as expected](https://todaymarkets.ae/eur-jpy-rises-to-near-162-50-as-boj-maintains-policy-rate-as-expected/): EUR/JPY halts its three-day losing streak, rebounding to around 162.50 during Asian trading hours on Thursday. The recovery in the currency cross comes as the Japanese Yen (JPY) weakens across the board, following the Bank of Japan’s (BoJ) widely expected decision to maintain its policy rate. As anticipated, the BoJ left its key interest rate unchanged at … - [JPY adds to BoJ-inspired losses; looks to post-meeting presser for fresh impetus](https://todaymarkets.ae/jpy-adds-to-boj-inspired-losses-looks-to-post-meeting-presser-for-fresh-impetus/): The Japanese Yen (JPY) weakens across the board in reaction to the Bank of Japan’s (BoJ) dovish outlook, pushing the USD/JPY pair back closer to the 144.00 mark during the Asian session on Thursday. The Japanese central bank decided to keep the short-term policy rate unchanged at 0.5% by a unanimous vote, as was widely … - [USD/CHF Maintains position near 0.8250 near nine-day EMA support](https://todaymarkets.ae/usd-chf-maintains-position-near-0-8250-near-nine-day-ema-support/): The USD/CHF pair holds ground for the third successive session, trading around 0.8270 during the Asian hours on Thursday. The daily chart suggests a neutral market bias, with the pair consolidating within a recently established rectangular pattern. Additionally, USD/CHF remains near its nine-day Exponential Moving Average (EMA), indicating neutral short-term momentum. The 14-day Relative Strength Index (RSI) has … - [AUD loses recent gains as US Dollar rises ahead of ISM Manufacturing PMI](https://todaymarkets.ae/aud-loses-recent-gains-as-us-dollar-rises-ahead-of-ism-manufacturing-pmi/): The Australian Dollar (AUD) is facing headwinds against the US Dollar (USD) as traders adopt caution ahead of the Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers Index (PMI) data from the United States (US) release due later on Thursday. However, the AUD/USD pair received support after the release of Trade Balance data from Australia. The Australian … - [Demand Concerns Pressure Cocoa Prices](https://todaymarkets.ae/demand-concerns-pressure-cocoa-prices/): July ICE NY cocoa (CCN25) Wednesday closed down -4 (-0.04%), and May ICE London cocoa #7 (CAK25) closed up +160 (+2.53%). Cocoa prices on Wednesday posted 1-week lows but settled mixed.  Cocoa prices Wednesday initially moved lower on demand concerns after chocolate maker Mondelez International reported weaker-than-expected Q1 sales and said consumers are cutting back … - [Arabica Coffee Slips on Demand Concerns](https://todaymarkets.ae/arabica-coffee-slips-on-demand-concerns/): July arabica coffee (KCN25) today is down -0.20 (-0.05%), and July ICE robusta coffee (RMN25) is up +80 (+1.51%). Coffee prices today are mixed.  Demand concerns are weighing on coffee prices after Starbucks reported weaker-than-expected Q1 sales.  Also, fears that coffee demand will remain weak is weighing on prices after the US Apr consumer confidence … - [Wait for a Move Above This Price Before You Buy July Orange Juice (FCOJ) Futures](https://todaymarkets.ae/wait-for-a-move-above-this-price-before-you-buy-july-orange-juice-fcoj-futures/): July orange juice futures (OJN25) present a buying opportunity on more price strength. See on the daily bar chart for July frozen concentrated orange juice futures (FCOJ) (OJN25) that prices have rebounded from the April low and on Tuesday scored a bullish “outside day” up on the daily bar chart. Longer-term chart price history shows strong technical support near … - [GBP/USD drops as US economy shrinks, inflation holds firm](https://todaymarkets.ae/gbp-usd-drops-as-us-economy-shrinks-inflation-holds-firm/): The Pound Sterling (GBP) tumbled against the US Dollar (USD) as the economy in the United States (US) contracted, as revealed by Gross Domestic Product (GDP) figures for Q1 2025. At the time of writing, GBP/USD trades at 1.3331, down 0.51% GBP/USD falls 0.51% to 1.3331 as weak US growth and sticky prices lift demand … - [EUR/GBP Price Analysis: Sterling slips as Euro regains traction post-Europe session](https://todaymarkets.ae/eur-gbp-price-analysis-sterling-slips-as-euro-regains-traction-post-europe-session/): The EUR/GBP pair is trading with mild gains on Wednesday, hovering around the mid-0.8500 zone following the European session. The pair rebounded within the day’s range, showing modest upward pressure. Despite a neutral reading from the Relative Strength Index (RSI) and a bearish signal from the Moving Average Convergence Divergence (MACD), other tools like the Williams Percent … - [USD/CHF down as soft US data and China slowdown hit sentiment](https://todaymarkets.ae/usd-chf-down-as-soft-us-data-and-china-slowdown-hit-sentiment/): The USD/CHF is trading with losses, staying close to its recent lows after a wave of soft US data and deteriorating macro signals from China triggered broad risk-off flows in the market. Sentiment was already fragile heading into Wednesday, and the release of a disappointing US GDP print intensified concerns over the health of the … - [Oil Prices Hit Four Year Low at $58](https://todaymarkets.ae/oil-prices-hit-four-year-low-at-58/): Oil prices have plummeted to their lowest level in four years, with West Texas Intermediate (OIL.WTI) crude dropping more than 19% in April while Brent trades near $61 a barrel. This marks the largest monthly decline since November 2021, driven by escalating U.S.-China trade tensions and OPEC+ supply increases. Trade War and OPEC+ Squeeze Markets … - [Trade of The Day - NZD/JPY](https://todaymarkets.ae/trade-of-the-day-nzd-jpy/): Facts:An upward trend has been in force since April 9The bounced off the key support at 84.40 Recommendation: Trade: Long position on NZDJPY at market priceTarget: 85.70, 86.55Stop: 83.97 Opinion:  Looking at NZDJPY at the H4 interval, we can see that the price reached the key support zone. The area marked with green colour is marked with … - [EUR/USD recovers as US Dollar falls back after weak US Employment, GDP data](https://todaymarkets.ae/eur-usd-recovers-as-us-dollar-falls-back-after-weak-us-employment-gdp-data/): EUR/USD recovers some of its initial losses and rebounds to near 1.1385 during North American trading hours on Wednesday. The major currency pair bounces back as the US Dollar (USD) gives up some gains after the release of a string of United States (US) economic data. Each of the economic data points demonstrates a serious impact … - [Pound Sterling declines against USD despite US economic contraction](https://todaymarkets.ae/pound-sterling-declines-against-usd-despite-us-economic-contraction/): The Pound Sterling (GBP) extends correction to near 1.3350 against the US Dollar (USD) in Wednesday’s North American session from its fresh three-year high of 1.3445 posted on Tuesday. The GBP/USD pair trades near its intraday low even as the US Dollar (USD) surrenders a majority of its intraday gains after the release of a string of … - [US GDP shrinks, as imports surge, but it is not as bad as it seems](https://todaymarkets.ae/us-gdp-shrinks-as-imports-surge-but-it-is-not-as-bad-as-it-seems/): US GDP data was weaker than expected for last quarter. The US economy experienced a sharp slowdown, as expected, and growth contracted by 0.3%, vs. a 0.2% decline anticipated by analysts. However, the headline figure only tells us so much, digging a bit deeper into this report gives us a more rounded picture of the … - [EUR/USD Gains on Lower Than Expected ADP Data](https://todaymarkets.ae/eur-usd-gains-on-lower-than-expected-adp-data/): 13:15 PM BST, United States – Employment Data for April: In April, private sector employment increased by 62,000 jobs and annual pay rose 4.5 percent, according to ADP’s National Employment Report based on payroll data from over 25 million U.S. workers. Chief economist Dr. Nela Richardson noted that employers face hiring challenges amid economic uncertainty despite mostly positive data. … - [U.S. Equities Sell-off After Negative Preliminary GDP in Q1](https://todaymarkets.ae/u-s-equities-sell-off-after-negative-preliminary-gdp-in-q1/): 01:30 PM BST, United States – GDP data: Q1 GDP came lower than expected. Moreover, US Q4 GDP growth was also revised down to 2.4% annualized from 2.8% in Q3, with consumer spending slowing sharply to 1.8% from 4.0%, and final sales excluding inventories plunging to -2.5% from 3.3%. The data shows a troubling domestic picture, with weaker consumption … - [EUR/USD slips as Eurozone major economies report soft inflation data](https://todaymarkets.ae/eur-usd-slips-as-eurozone-major-economies-report-soft-inflation-data/): EUR/USD drops to near 1.1370 during European trading hours on Wednesday. The major currency pair is slightly down as the Euro (EUR) trades cautiously amid a slowdown in the preliminary April Consumer Price Index (CPI) data from six German states and in France, as well as stable inflation in Italy and Spain.  Year-on-year inflation data of four German … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-9/): Today, EURUSD is trading around $1.1395-$1.1400 declining by a modest 0.10%. The pair surged 5.10% in April so far, its largest monthly gain since November 2022, reaching a yearly high of $1.1570 on April 21. However, it has since pulled back, consolidating below $1.15. The eurozone faces headwinds, with Germany cutting its 2025 growth forecast … - [French CPI Slightly Higher Than Expected](https://todaymarkets.ae/french-cpi-slightly-higher-than-expected/): 07:45 AM BST, France – Inflation Data for March (preliminary): In April 2025, France’s annual inflation (CPI) is expected to remain steady at 0.8%, as in March, according to a preliminary estimate. The complete results will be published on 15 May 2025. Falling energy prices are weighing on inflation, but this is being partly balanced by a rebound in food prices. Service … - [Economic Calendar - U.S. PCE, ADP And GDP Sets a Busy Macro Day](https://todaymarkets.ae/economic-calendar-u-s-pce-adp-and-gdp-sets-a-busy-macro-day/): Today, we will receive several interesting macroeconomic reports from the U.S. These include the PCE inflation report, the preliminary U.S. GDP report for the first quarter of 2025, and the ADP report — the first labor market report for April. On Friday, we’ll get the next one, the NFP. The most important report will likely be the GDP report. Forecasts expect a … - [U.S. Q1 GDP And Earnings in Focus](https://todaymarkets.ae/u-s-q1-gdp-and-earnings-in-focus/): Now that President Trump’s first 100 days are behind us, the markets are looking at what the future holds for the rest of the President’s term in office. The impact of the President’s unorthodox economic policies on Q1 activity will be unveiled on Wednesday with Q1 GDP scheduled for release and key earnings reports. How … - [Euro Muted After German Retail Sales Data](https://todaymarkets.ae/euro-muted-after-german-retail-sales-data/): 07:00 AM BST, Germany – Retail Sales Data for March: German retail sales declined in March, and February’s figures were also revised downward. However, compared to March last year, sales were still up by 2.2%. The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation … - [US GDP set to slow sharply in Q1 as focus turns to impact of Trump trade policies](https://todaymarkets.ae/us-gdp-set-to-slow-sharply-in-q1-as-focus-turns-to-impact-of-trump-trade-policies/): The United States (US) Bureau of Economic Analysis (BEA) is set to publish its preliminary estimate of first-quarter Gross Domestic Product (GDP) on Wednesday, with analysts expecting the data to show annualized growth of just 0.4%, a sharp slowdown from the 2.4% pace recorded in the final quarter of 2024. Markets brace for key US growth data … - [The Mid-Morning Market Update](https://todaymarkets.ae/the-mid-morning-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [The S&P 500 has it's worst performance during a President’s first 100 days for more than 50 years.](https://todaymarkets.ae/the-sp-500-has-its-worst-performance-during-a-presidents-first-100-days-for-more-than-50-years/): The sun is setting on Donald Trump’s first 100 days of his second term as President. Now that stock markets in the US have closed, we can confirm that the S&P 500 has experienced its worst performance during a President’s first 100 days for more than 50 years. Only President Nixon’s second term in office … - [Bitcoin, Ethereum, Ripple: Bulls target $100,000 BTC, $2,000 ETH, and $3 XRP](https://todaymarkets.ae/bitcoin-ethereum-ripple-bulls-target-100000-btc-2000-eth-and-3-xrp/): Bitcoin (BTC) is stabilizing around $95,000 at the time of writing on Wednesday, and a breakout suggests gains toward $100,000. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and hovered around their key levels. The technical outlook suggests a breakout of these coins above the key resistance level could pave the way for a bullish run, … - [WTI falls to near $59.50 due to weakening global economic growth, Oil demand](https://todaymarkets.ae/wti-falls-to-near-59-50-due-to-weakening-global-economic-growth-oil-demand/): West Texas Intermediate (WTI) Oil price continues its decline for a third consecutive session, trading near $59.50 per barrel during Asian hours on Wednesday. The downward pressure on Oil stems from growing fears over weakening global economic growth and fuel demand, largely triggered by US President Donald Trump’s unpredictable tariff policies. WTI is on track for … - [NZD/USD remains confined in a narrow range below mid-0.5900s after Chinese PMIs](https://todaymarkets.ae/nzd-usd-remains-confined-in-a-narrow-range-below-mid-0-5900s-after-chinese-pmis/): The NZD/USD pair struggles to gain any meaningful traction during the Asian session on Wednesday and languishes near the lower end of a nearly two-week-old trading range. Spot prices hold steady around the 0.5930 region and move little following the release of Chinese PMIs. The National Bureau of Statistics reported that China’s official Manufacturing Purchasing Managers’ Index … - [USD/CAD holds gains near 1.3850 as trade optimism supports US Dollar](https://todaymarkets.ae/usd-cad-holds-gains-near-1-3850-as-trade-optimism-supports-us-dollar/): USD/CAD is holding gains for a second consecutive session, trading near 1.3840 during Wednesday’s Asian session. The pair remains supported as the US Dollar (USD) benefits from renewed optimism surrounding US-China trade developments. Market focus now shifts to the release of the US Personal Consumption Expenditures (PCE) Price Index for March and Canada’s GDP data for February, … - [AUD/JPY rises above 91.00 following key economic data from Australia, Japan](https://todaymarkets.ae/aud-jpy-rises-above-91-00-following-key-economic-data-from-australia-japan/): AUD/JPY edges higher after registering gains in the previous two sessions, trading around 91.30 during the Asian hours on Wednesday. The currency cross is supported by a stronger Australian Dollar (AUD), buoyed by inflation data out of Australia and mixed Purchasing Managers’ Index (PMI) data from China. Australia’s Consumer Price Index (CPI) rose 0.9% quarter-over-quarter in Q1 … - [USD/INR edges higher amid heightened tensions between India and Pakistan](https://todaymarkets.ae/usd-inr-edges-higher-amid-heightened-tensions-between-india-and-pakistan/): The Indian Rupee (INR) weakens on Wednesday, pressured by rising geopolitical tensions between India and Pakistan. Many tourist sites in Kashmir have been closed since Tuesday, as traders react to unverified reports of military activity. Nonetheless, positive domestic markets and a decline in crude oil prices might help limit the INR’s losses. Foreign investors have stepped up … - [XAG/USD slides below $33.00; 200-period EMA on H4 holds the key for bulls](https://todaymarkets.ae/xag-usd-slides-below-33-00-200-period-ema-on-h4-holds-the-key-for-bulls/): Silver (XAG/USD) struggles to capitalize on a modest Asian session uptick and slides back below the $33.00 mark, hitting a fresh daily low in the last hour. From a technical perspective, the XAG/USD has been showing resilience below the 200-period Exponential Moving Average (EMA) on the 4-hour chart, which is currently pegged near the $32.60 region. … - [AUD rises as inflationary pressures weaken odds of an RBA's rate cut in May](https://todaymarkets.ae/aud-rises-as-inflationary-pressures-weaken-odds-of-an-rbas-rate-cut-in-may/): The Australian Dollar (AUD) is gaining ground on Wednesday following a more than 0.50% decline against the US Dollar (USD) in the previous session. The AUD/USD pair appreciates following the release of key economic data from Australia and China. The Australian Bureau of Statistics (ABS) reported that the Consumer Price Index (CPI) rose by 0.9% quarter-over-quarter in Q1 2025, … - [JPY edges lower amid receding safe-haven demand; downside seems limited](https://todaymarkets.ae/jpy-edges-lower-amid-receding-safe-haven-demand-downside-seems-limited/): The Japanese Yen (JPY) trades with a negative bias against its American counterpart for the second straight day on Wednesday as a positive risk tone seems to undermine demand for traditional safe-haven assets. US President Donald Trump signed an order to ease the impact of new tariffs on the auto industry, which, along with signs … - [Gold price slides back closer to $3,300 amid positive risk tone, modest USD uptick](https://todaymarkets.ae/gold-price-slides-back-closer-to-3300-amid-positive-risk-tone-modest-usd-uptick/): Gold price (XAU/USD) trades with a negative bias for the second consecutive day, though it lacks bearish conviction and holds above the $3,300 mark during the Asian session on Wednesday. The global equity markets continue to rise amid signs of easing US-China trade tensions and US President Donald Trump’s decision to give flexibility on tariffs … - [Forecasts for Cooler US Temps Boost Nat-Gas Prices](https://todaymarkets.ae/forecasts-for-cooler-us-temps-boost-nat-gas-prices/): June Nymex natural gas (NGM25) on Tuesday closed up by +0.043 (+1.29%). June nat-gas prices on Tuesday climbed to a 1-1/2 week high and settled moderately higher as forecasts for below-normal temperatures that will boost heating demand for nat-gas lifted prices.  On Tuesday, the Commodity Weather Group said that forecasts shifted cooler for the eastern … - [Crude Oil Prices Fall Sharply on Energy Demand Concerns](https://todaymarkets.ae/crude-oil-prices-fall-sharply-on-energy-demand-concerns/): June WTI crude oil (CLM25) Tuesday closed down -1.63 (-2.63%), and June RBOB gasoline (RBM25) closed down -0.0368 (-1.76%). Crude oil and gasoline prices on Tuesday fell sharply, with crude dropping to a 1-1/2 week low.  Tuesday’s weaker-than-expected US job openings and consumer confidence reports were negative for economic growth and energy demand.  Also, Tuesday’s … - [Cotton Faced Pressure on Tuesday](https://todaymarkets.ae/cotton-faced-pressure-on-tuesday/): Cotton futures closed with losses on Tuesday with most contracts down 70 to 106 points. The outside markets were a pressure factor, with crude oil futures back down $1.87/barrel and the US dollar index down $0.211 to $99.000. NASS pegged the US cotton crop at 15% planted as of 4/27, now 1 percentage point faster than … - [Demand Concerns Weigh on Coffee Prices](https://todaymarkets.ae/demand-concerns-weigh-on-coffee-prices/): July arabica coffee (KCN25) Tuesday closed down -10.25 (-2.50%), and July ICE robusta coffee (RMN25) closed down -115 (-2.12%). Coffee prices on Tuesday gave up an early advance and fell sharply on concern that coffee demand would suffer after the US Apr consumer confidence fell to a nearly 5-year low, which signals consumers are worried … - [Cocoa Prices Pressured by Bigger Supplies](https://todaymarkets.ae/cocoa-prices-pressured-by-bigger-supplies/): July ICE NY cocoa (CCN25) Tuesday closed down -51 (-0.57%), and May ICE London cocoa #7 (CAK25) closed up +27 (+0.43%). Cocoa prices on Tuesday settled mixed.  Cocoa prices were under pressure Tuesday due to a negative carryover from Monday when Bloomberg reported that Nigerian Mar cocoa exports rose +24% y/y to 27,564 MT.  Nigeria … - [Sugar Prices Tumble on the Outlook for Higher Brazil Sugar Production](https://todaymarkets.ae/sugar-prices-tumble-on-the-outlook-for-higher-brazil-sugar-production/): May NY world sugar #11 (SBK25) Tuesday closed down -0.22 (-1.23%), and August London ICE white sugar #5 (SWQ25) closed down -8.50 (-1.68%). Sugar prices on Tuesday retreated, with NY sugar posting a 2-1/2 year nearest-futures low.  The outlook for higher Brazil sugar production is undercutting prices after Conab on Tuesday forecast Brazil’s 2025/26 Brazil … - [Corn Collapses on Tuesday](https://todaymarkets.ae/corn-collapses-on-tuesday/): Corn futures fell lower on Tuesday, with front months 13 to 15 cents in the red and new crop December down just 5 ¾ cents. The nearby CmdtyView national average Cash Corn price was down 13 1/4 cents at $4.36 1/4.  USDA reported a private export sale of 120,000 MT of corn to Spain this morning for … - [Wheat Slide Continues](https://todaymarkets.ae/wheat-slide-continues/): The wheat complex was under continued pressure on Tuesday, with losses across the three markets. Chicago SRW futures were down 5 to 10 cents on Tuesday. Kansas City HRW contracts were 8 to 9 cents lower in the nearbys. MPLS spring wheat posted 3 to 5 cent losses at the close.  The 7-day QPF from NOAA … - [Soybean -- The protein that the world wants](https://todaymarkets.ae/soybean-the-protein-that-the-world-wants/): The soybean oil market experienced vigorous selling today, April 29. Some say it is the result of the EPA’s failure to provide direction after approving summer E-15 ethanol sales. Soybean meal closed higher but the soybean oil selling forced soybeans to go lower even in the face of a morning sale of 100,000 tonnes to … - [Bearish Tuesday for Gold while markets see tariff fears have peaked](https://todaymarkets.ae/bearish-tuesday-for-gold-while-markets-see-tariff-fears-have-peaked/): Gold price (XAU/USD) is seeing buyers and sellers being pushed towards each other as Bullion gears up for a breakout, currently trading around $3,313 at the time of writing on Tuesday. The consolidation comes as traders and markets tweak their positioning in the precious metal ahead of a possible announcement by United States (US) President … - [US Dollar back to flat after White House calls Amazon hostile](https://todaymarkets.ae/us-dollar-back-to-flat-after-white-house-calls-amazon-hostile/): The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is having a knee jerk reaction on the back of comments from United States (US) Treasury Secretary Scott Bessent and White House Press Secretary Karoline Leavitt. During a Q&A at the White House Leavitt stepped in to take over … - [JOLTS job openings forecast to ease in March ahead of key jobs report for April](https://todaymarkets.ae/jolts-job-openings-forecast-to-ease-in-march-ahead-of-key-jobs-report-for-april/): The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the United States (US) Bureau of Labor Statistics (BLS). The publication will provide data about the change in the number of job openings in March, alongside the number of layoffs and quits. JOLTS data is scrutinized by market participants and Federal … - [EUR/USD drops as ECB officials highlight downside risks to Eurozone inflation](https://todaymarkets.ae/eur-usd-drops-as-ecb-officials-highlight-downside-risks-to-eurozone-inflation/): EUR/USD trades lower around 1.1390 during North American trading hours on Tuesday. The major currency pair ticks lower as the Euro (EUR) faces slight selling pressure, with European Central Bank (ECB) officials expressing the need for more interest rate cuts. On Monday, ECB policymaker and Finnish central bank governor Olli Rehn supported the need for further … - [DAX40 - Quarterly Results From Porsche, Deutsche Bank And Rheinmetall in the Spotlight](https://todaymarkets.ae/dax40-quarterly-results-from-porsche-deutsche-bank-and-rheinmetall-in-the-spotlight/): General market situation: European indices are gaining during Tuesday’s session. The German DAX on the cash market is currently adding 0.6% while the French CAC40 is losing 0.32%. The economic calendar for today’s session focuses on JOLTS data from the US and API survey data from the same country. On the corporate side, quarterly data … - [Coca-Cola (KO.US) reported mixed Q1 results](https://todaymarkets.ae/coca-cola-ko-us-reported-mixed-q1-results/): Coca-Cola (KO.US) reported mixed first-quarter results Tuesday, with earnings slightly exceeding analyst expectations while revenue fell short amid currency headwinds and pressure in key developed markets. Q1 Results Show Mixed Performance Coca-Cola reported quarterly earnings of $0.73 per share, beating the analyst consensus estimate of $0.72 by 1.39% and representing a 1.39% increase from the … - [Shares in UPS Rise Despite Pulling Full-Year Guidance on Tariff Uncertainty](https://todaymarkets.ae/shares-in-ups-rise-despite-pulling-full-year-guidance-on-tariff-uncertainty/): United Parcel Service Inc. (UPS.US) shares climbed 4.5% in premarket trading Tuesday after the package delivery giant withdrew its full-year financial guidance amid economic uncertainty created by President Donald Trump’s tariff policies, despite posting better-than-expected first-quarter results. Q1 Results Beat Expectations Despite Revenue Decline UPS reported first-quarter adjusted earnings of $1.49 per share, up 4.2% … - [Trade of The Day - Oil.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti/): Facts: Recommendation: Trade: Short position on OIL.WTI at market priceTarget: 59.00, 57.05Stop: 63.60 Opinion: OIL WTI has experienced a big upward correction recently. However, looking at the H4 interval,  we can see that sellers managed to halt upward movement near the 100- period moving average. In addition the price returned below the earlier broken upper limit … - [Chart of The Day - USD/CAD](https://todaymarkets.ae/chart-of-the-day-usd-cad/): The Canadian dollar (CAD) is one of the stronger G-10 currencies today following the federal elections in Canada held on April 28. The CAD initially weakened after the preliminary election results, which showed the minority Liberal Party in the lead. The volatility stemmed from increased political instability in Canada. However, the CAD later stabilized and … - [Two key factors holding XRP price steady](https://todaymarkets.ae/two-key-factors-holding-xrp-price-steady/): Ripple (XRP) price consolidates gains at the time of writing on Tuesday, following three consecutive daily green candles. Trading at $2.26, XRP is down over 1% on the day, mirroring the stability in the broader crypto market. A pullback from the current market level seems possible, but it may not deter investors from seeking exposure, thereby … - [Bad Day For BP While Banks Shine - Earnings Round-Up](https://todaymarkets.ae/bad-day-for-bp-while-banks-shine-earnings-round-up/): It’s been a massive day for earnings reports in the UK and Europe. HSBC kicked things off and exceeded profit estimates, it also announced a chunky $3bn share buyback. Deutsche Bank added to the good news for the European and Asian banking sector and delivered a stunning Q1 performance, boosted by fixed income trading. Astra … - [Mastercard has launched a comprehensive global framework for stablecoin transactions](https://todaymarkets.ae/mastercard-has-launched-a-comprehensive-global-framework-for-stablecoin-transactions/): Mastercard has launched a comprehensive global framework for stablecoin transactions, enabling consumers to spend and merchants to receive stablecoins seamlessly across wallets, cards, and checkouts. Through new partnerships with OKX and Nuvei, as well as integrations with major crypto platforms like MetaMask, Kraken, and Crypto.com, Mastercard is making stablecoins usable just like traditional money at … - [Spanish GDP And CPI Reports See SPA35 Muted](https://todaymarkets.ae/spanish-gdp-and-cpi-reports-see-spa35-muted/): 07:00 AM GMT, Spain – Inflation Data for April: 07:00 AM GMT, Spain – GDP data: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or … - [Economic Calendar - JOLTs Report And Company Earnings in The Spotlight](https://todaymarkets.ae/economic-calendar-jolts-report-and-company-earnings-in-the-spotlight/): Today’s macroeconomic calendar features a bit more scheduled publications. We will learn several reports from the eurozone, such as GDP from Spain, the consumer sentiment index and M3 money supply from the eurozone, as well as the interest rate decision from Hungary. Next, investors’ attention will shift across the ocean, as PayPal and Abbvie will publish their quarterly earnings before the … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-8/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Soybeans Close Monday with Mixed Action](https://todaymarkets.ae/soybeans-close-monday-with-mixed-action/): The soybean market posted 2 to 4 cent gains in the nearby contracts on Monday, with new crop down ¼ cent on the day. CmdtyView’s national front month Cash Bean price as up 2 3/4 cents at $10.06 3/4. Soymeal futures were down $2.50 to $3/ton, with Soy Oil futures were back up 60 to 65 points.  USDA’s Export Inspections report … - [Corn Holds onto Losses into the Monday Close](https://todaymarkets.ae/corn-holds-onto-losses-into-the-monday-close/): Corn futures failed to get back above 0 by the close, as contracts were down 2 to 6 cents across most contracts on Monday weakness.  The nearby CmdtyView national average Cash Corn price was down 2 1/4 cents at $4.49 1/2. Spillover pressure came from the wheat market. Weekly Export Inspections data tallied corn shipments at 1.654MMT … - [Sugar Prices Fall on Demand Concerns](https://todaymarkets.ae/sugar-prices-fall-on-demand-concerns/): May NY world sugar #11 (SBK25) Monday closed down -0.34 (-1.87%), and August London ICE white sugar #5 (SWQ25) closed down -8.70 (-1.69%). Sugar prices retreated on Monday due to demand concerns.  Green Pool Commodity Specialists said Monday that the volume of outstanding contracts in NY May sugar futures that expire on Wednesday indicates that … - [Signs of Larger Supplies Hammer Cocoa Prices](https://todaymarkets.ae/signs-of-larger-supplies-hammer-cocoa-prices/): July ICE NY cocoa (CCN25) Monday closed down -450 (-4.79%), and May ICE London cocoa #7 (CAK25) closed down -200 (-3.08%). Cocoa prices on Monday fell sharply due to signs of larger global cocoa supplies after Bloomberg reported that Nigerian Mar cocoa exports rose +24% y/y to 27,564 MT.  Nigeria is the world’s fifth-largest cocoa … - [Arabica Coffee Prices Jump on Brazil Coffee Crop Concerns](https://todaymarkets.ae/arabica-coffee-prices-jump-on-brazil-coffee-crop-concerns/): July arabica coffee (KCN25) Monday closed up +10.20 (+2.55%), and July ICE robusta coffee (RMN25) closed down -2 (-0.04%). Coffee prices on Monday settled mixed, with arabica rallying to a 2-1/2 month high.  Arabica coffee prices are climbing because of concern about a smaller Brazilian coffee crop.  Last Tuesday, Rabobank predicted Brazil’s 2025/26 arabica coffee … - [WTI struggles near $61.75 area, over one-week low amid demand concerns](https://todaymarkets.ae/wti-struggles-near-61-75-area-over-one-week-low-amid-demand-concerns/): West Texas Intermediate (WTI) US Crude Oil prices struggle for a firm intraday direction during the Asian session on Tuesday and oscillate in a narrow band around the $61.75 area, just above a one-and-half-week low touched the previous day. The US-China trade war continues to dominate the market sentiment amid mixed signals regarding the state … - [NZD/USD falls to near 0.5950 due to shifting US-China trade signals](https://todaymarkets.ae/nzd-usd-falls-to-near-0-5950-due-to-shifting-us-china-trade-signals/): NZD/USD is retracing its recent gains from the previous session, trading around 0.5960 during the Asian hours on Tuesday. The US Dollar (USD) is finding support as optimism grows over easing US-China trade tensions. US President Donald Trump signaled openness to rolling back tariffs on China, while Beijing granted exemptions on certain US imports—moves that have … - [EUR/CAD remains below 1.5800 after projections show likely minority Carney government](https://todaymarkets.ae/eur-cad-remains-below-1-5800-after-projections-show-likely-minority-carney-government/): The EUR/CAD cross reverses an Asian session dip to the 1.5755-1.5750 region and jumps to a fresh daily top in the last hour, though it lacks follow-through buying. Spot prices remain confined in the previous day’s broader range and currently trade around the 1.5780-1.5785 area, nearly unchanged for the day. The Canadian Dollar (CAD) got … - [GBP/JPY flat lines below 191.00 mark despite broadly weaker JPY](https://todaymarkets.ae/gbp-jpy-flat-lines-below-191-00-mark-despite-broadly-weaker-jpy/): The GBP/JPY cross struggles to capitalize on its modest Asian session uptick and currently trades just below the 191.00 round-figure mark, nearly unchanged for the day. The downside, however, remains cushioned amid the emergence of some selling around the Japanese Yen (JPY), warranting some caution for bearish traders. Despite mixed signals regarding the state of … - [EUR/USD Remains capped below 1.1400, bullish bias prevails](https://todaymarkets.ae/eur-usd-remains-capped-below-1-1400-bullish-bias-prevails/): The EUR/USD pair attracts some sellers to near 1.1375 during the Asian session on Tuesday. The Euro (EUR) weakens against the Greenback amid rising expectations of further rate cuts from the European Central Bank (ECB) in June and mixed signals on US-China trade relations. Technically, the positive outlook of the EUR/USD pair remains in play as the price is well-supported … - [USD/CHF Tests nine-day EMA barrier near 0.8250](https://todaymarkets.ae/usd-chf-tests-nine-day-ema-barrier-near-0-8250/): The USD/CHF pair halts its three-day losing streak, trading around 0.8240 during the Asian hours on Tuesday. The daily chart analysis indicates a potential bullish shift, as the pair consolidates above the descending channel pattern. However, USD/CHF continues to trade around the nine-day Exponential Moving Average (EMA), signaling that short-term momentum remains neutral. Meanwhile, the 14-day Relative Strength … - [JPY keeps the red amid positive risk tone; downside seems limited](https://todaymarkets.ae/jpy-keeps-the-red-amid-positive-risk-tone-downside-seems-limited/): The Japanese Yen (JPY) remains on the back foot through the Asian session on Tuesday as signs of easing tensions between the US and China undermine demand for traditional safe-haven assets. Apart from this, the emergence of some US Dollar (USD) dip-buying lifts the USD/JPY pair to a fresh daily high, close to mid-142.00s in the last … - [USD/INR weakens as investors continue to buy equities](https://todaymarkets.ae/usd-inr-weakens-as-investors-continue-to-buy-equities/): The Indian Rupee (INR) extends its upside on Tuesday after logging its best day in more than two weeks in the previous session. The positive developments surrounding US-India trade talks provide some support to the local currency. US Treasury Secretary Scott Bessent said on Monday that many top trading partners of the US had made … - [Oil Gains 2% on Russian Sanctions](https://todaymarkets.ae/oil-gains-2-on-russian-sanctions/): The US imposes harsh sanctions on Russia’s two largest oil companies, threatening a reduction in global supply availability. On October 22, the United States, specifically Donald Trump, decided to impose comprehensive sanctions on Rosneft and Lukoil—Russia’s two largest oil conglomerates. This marks the Trump administration’s first significant action against the Russian energy sector since the President’s return to … - [L'Oreal, and Adidas Earnings in Focus](https://todaymarkets.ae/loreal-and-adidas-earnings-in-focus/): European stock indices remain close to record highs, with the EU 50 up 0.25%. At the same time, Germany’s DE40 is down 0.02%. Despite the initial weakness of the indices, sentiment began to improve over time, although this was not preceded by any fundamental information. Investors are focusing today on companies’ quarterly results.  In Europe, … - [Despite Comeptive Pressure Alphabet Shares Rise](https://todaymarkets.ae/despite-comeptive-pressure-alphabet-shares-rise/): Alphabet’s shares are rising in pre-market trading following news that the artificial intelligence startup Anthropic is in advanced negotiations with Google regarding a potential multibillion-dollar cloud services deal. Under this agreement, Google Cloud would provide significant computing power to enable Anthropic to further develop and scale its advanced AI models. Anthropic, best known for its AI … - [Dow Jones futures move little as traders await Tesla’s results](https://todaymarkets.ae/dow-jones-futures-move-little-as-traders-await-teslas-results/): Dow Jones futures remain steady near 47,100 during European hours, ahead of the opening of the United States (US) regular session on Wednesday. The S&P 500 futures are flat around 6,770, while Nasdaq 100 futures lose 0.15% to trade near 25,250 at the time of writing. In pre-market trading, Netflix fell more than 6.5% after … - [EUR/USD retraces previous gains in a choppy trading session](https://todaymarkets.ae/eur-usd-retraces-previous-gains-in-a-choppy-trading-session/): EUR/USD has retraced previous gains on Wednesday, and remains practically flat on the day, trading right below 1.1600 at the time of writing. The US Dollar (USD) resumed its uptrend in the early European trading session, although the US government closure and market expectations of back-to-back rate cuts by the Federal Reserve (Fed) are keeping US … - [Silver retreats as trade optimism, stronger US Dollar pressure demand](https://todaymarkets.ae/silver-retreats-as-trade-optimism-stronger-us-dollar-pressure-demand/): Silver (XAG/USD) trades around $48.35 on Wednesday at the time of writing, down 0.70% for the day, extending the previous session’s sharp 7% fall. The metal remains under pressure as investors favor risk assets amid improving sentiment surrounding trade negotiations between the United States (US) and China. Comments from US President Donald Trump on Monday, saying … - [XAU/USD support at $4,000 remains dangerously close](https://todaymarkets.ae/xau-usd-support-at-4000-remains-dangerously-close/): Gold bounced up after reaching the target of a Double Top pattern, at $4,005 on Tuesday, but upside attempts have been halted way below previous support, at $4,185, which leaves the immediate bearish trend intact and the $4,000 support area at a short distance. The announcement that US President Trump will meet its Chinese counterpart Xi … - [Trade of The Day - COCOA](https://todaymarkets.ae/trade-of-the-day-cocoa/): Facts Recommendation Long position on COCOA at market price Opinion The cocoa market currently finds itself in a fragile equilibrium after a sharp sell-off that pushed ICE contracts below $6,000 per metric ton. While some short-term rebound attempts are visible, the nature of this move appears more like a technical correction than a structural trend reversal. Fundamentally, the … - [Hermès (RMS.FR) Disappoints in key leather goods division](https://todaymarkets.ae/hermes-rms-fr-disappoints-in-key-leather-goods-division/): Hermès (RMS.FR) has once again proven that it is one of the most resilient luxury brands in terms of demand volatility, successfully attracting affluent customers even in times of macroeconomic uncertainty and geopolitical challenges. In the third quarter, the company recorded solid sales growth in virtually all regions, and its business model based on limited product … - [Markets React to U.K. CPI While Barclays Set The Standard](https://todaymarkets.ae/markets-react-to-u-k-cpi-while-barclays-set-the-standard/): The pound has sunk on Wednesday after UK inflation was softer across the board. GBP is the worst performing currency in the G10 FX space on Wednesday and GBP/USD looks like it is heading back to the lows of the month at $1.3250. UK bond yields are tumbling, which are undermining the weakness in the … - [Chart of The Day - Gold](https://todaymarkets.ae/chart-of-the-day-gold-2/): Gold futures extended their record decline by approx. 0.3%, slipping to around $4,090-4,110/oz, as today’s dip buyers struggled to counter the shift in overall risk sentiment. Concerns over overvaluation and a fresh wave of profit-taking have intensified safe-haven outflows, amid easing geopolitical tensions and heightened focus on corporate earnings. GOLD extended its record sell-off in … - [Offshore Yuan Steady](https://todaymarkets.ae/offshore-yuan-steady/): The offshore yuan held steady around 7.12 per dollar on Wednesday, as markets remained cautious amid developments in US-China trade negotiations. President Donald Trump expressed optimism about securing a favorable deal with Beijing, though he acknowledged that a planned meeting with Chinese President Xi Jinping may not occur. Similarly, US Treasury Secretary Scott Bessent and … - [US 10-Year Yield Holds Near 6-Month Low](https://todaymarkets.ae/us-10-year-yield-holds-near-6-month-low/): The yield on the US 10-year Treasury note held around 3.96% on Wednesday, hovering near six-month lows as investors assessed the economic outlook amid ongoing trade uncertainty and the prolonged government shutdown. On the trade front, President Donald Trump said he remains optimistic about securing a favorable deal with China but cautioned that his anticipated … - [Palm Oil Falls for 3rd Session](https://todaymarkets.ae/palm-oil-falls-for-3rd-session/): Malaysian palm oil futures hovered below MYR 4,500 per tonne, retreating for the third session amid weaker vegetable oil prices on the Dalian market. Demand from top buyer India is expected to ease after peaking during the Diwali festival, adding pressure to prices. Globally, uncertainty over a potential meeting between U.S. President Trump and Chinese … - [UK Producer Prices Up 3.4% in September](https://todaymarkets.ae/uk-producer-prices-up-3-4-in-september/): Factory gate prices for UK-manufactured goods rose 3.4% year-on-year in September 2025, picking up from an upwardly revised 3.1% increase in August. Out of ten product groups, nine contributed to the rise, led by food products and motor vehicles and transport equipment, which, despite edging slightly lower to 4.6% (from 4.7% in August) and 6.4% … - [UK Gilt Yields Lowest in 10-Months](https://todaymarkets.ae/uk-gilt-yields-lowest-in-10-months/): The UK 10-year gilt yield extended its decline to 4.4%, reaching its lowest level since mid December, as weaker-than-expected CPI data fueled speculation of early interest rate cuts by the BoE. Headline inflation held steady at 3.8% in September, defying forecasts of an increase to 4%, with food price growth finally easing. Meanwhile, core inflation … - [Japanese Shares Trim Losses on Stimulus Optimism](https://todaymarkets.ae/japanese-shares-trim-losses-on-stimulus-optimism/): The Nikkei 225 Index slipped 0.02% to close at 49,308 on Wednesday after falling as much as 1.42% earlier in the session, while the broader Topix Index gained 0.52% to 3,266 amid reports that the new prime minister is preparing a large-scale stimulus plan that could surpass last year’s 13.9 trillion yen package. Sanae Takaichi, … - [Pound Weakens as Soft UK Inflation Data Boost Rate Cut Bets](https://todaymarkets.ae/pound-weakens-as-soft-uk-inflation-data-boost-rate-cut-bets/): Sterling extended losses toward $1.33, its weakest level in a week, after inflation data came in below market expectations, fueling speculation of early interest rate cuts by the Bank of England. Headline inflation held steady at 3.8% in September, defying forecasts of a rise to 4%, as food price growth continued to ease. Meanwhile, the … - [China 10Y Yield Hovers Near 2-Month Low](https://todaymarkets.ae/china-10y-yield-hovers-near-2-month-low/): China’s 10-year government bond yield hovered near a two-month low of around 1.76% on Wednesday, as investors were drawn by growing expectations of monetary policy easing by the People’s Bank of China. Markets expect the central bank to cut both the benchmark interest rate and the reserve requirement ratio before year-end to support the economy … - [DAX Snaps 2-Day Gain](https://todaymarkets.ae/dax-snaps-2-day-gain/): Germany’s DAX traded in negative territory on Wednesday, down 0.2% to around 24,280, halting two consecutive sessions of gains. The market is watching the earnings season unfold, which is now in full swing on both sides of the Atlantic, as investors look for clues about the broader economic outlook. Infineon Technologies fell 3%, leading losses … - [FTSE 100 Rises for 3rd Session](https://todaymarkets.ae/ftse-100-rises-for-3rd-session/): The FTSE 100 rose over 0.5% on Wednesday, extending gains for a third straight session after UK inflation came in softer than expected and Barclays posted strong earnings. Inflation held steady at 3.8% in September, below forecasts of 4%, boosting bets on Bank of England rate cuts. Barclays’ shares climbed more than 3%, as analysts … - [Hang Seng Slips 0.9% at Finish](https://todaymarkets.ae/hang-seng-slips-0-9-at-finish/): The Hang Seng lost 246 points, or 0.9%, to end at 25,782 on Wednesday, shifting from gains the day before amid broad-based losses across sectors. Risk sentiment weakened after U.S. President Trump said a potential meeting with China’s Xi Jinping may not take place, tempering optimism after recent signs of easing tensions between Washington and … - [CAC 40 Edges Lower as Hermès and L’Oréal Drag](https://todaymarkets.ae/cac-40-edges-lower-as-hermes-and-loreal-drag/): The CAC 40 slipped 0.5% to below 8,220 on Wednesday, retreating from the record highs reached in the previous session, as sharp declines in Hermès and L’Oréal weighed on the index. L’Oréal shares fell around 5.6% after third-quarter 2025 sales of €10.3 billion missed expectations, driven by weaker performance in North America, uncertainty over future … - [CAC 40 Retreats From Record High as BNP Paribas Plunges](https://todaymarkets.ae/cac-40-retreats-from-record-high-as-bnp-paribas-plunges/): Paris’ CAC 40 reversed early gains to trade 0.2% lower at 8,170 points on Monday, after hitting an all-time high of 8,239.67 earlier in the session. BNP Paribas tumbled 8% following a $20.75 million US jury verdict against the bank over its alleged complicity in Sudan atrocities two decades ago, with peers Crédit Agricole and … - [XAG/USD rebounds near $52.00 due to risk-off mood, dovish Fed tone](https://todaymarkets.ae/xag-usd-rebounds-near-52-00-due-to-risk-off-mood-dovish-fed-tone/): Silver price (XAG/USD) edges higher after registering more than 4.25% losses in the previous session, trading around $52.00 per troy ounce during the European hours on Monday. The price of the precious Silver plunged as investors booked profits after reaching a record high of $54.86 on October 16. However, the non-interest-bearing Silver may regain its ground … - [EUR/JPY rises on Yen weakness after coalition confirmation, Euro weighed by data](https://todaymarkets.ae/eur-jpy-rises-on-yen-weakness-after-coalition-confirmation-euro-weighed-by-data/): EUR/JPY edges higher on Monday, gaining 0.10% to 175.70 at the time of writing. After hitting a two-week low on Friday, the pair benefits from renewed Japanese Yen (JPY) weakness amid a shifting political landscape in Tokyo. According to the latest reports from Kyodo, Japan’s Liberal Democratic Party (LDP) and the Japan Innovation Party (JIP, … - [Dow Jones futures rise due to easing US-China trade tensions, Fed rate cut bets](https://todaymarkets.ae/dow-jones-futures-rise-due-to-easing-us-china-trade-tensions-fed-rate-cut-bets/): Dow Jones futures advance 0.37% to rise near 46,550 during European hours, ahead of the opening of the United States (US) regular session on Monday. The S&P 500 futures rise 0.45% to trade around 6,730, while Nasdaq 100 futures gain 0.56% to break above 25,100 at the time of writing. US index futures gain ground amid easing … - [Euro Area Construction Activity Nearly Stalls in August](https://todaymarkets.ae/euro-area-construction-activity-nearly-stalls-in-august/): Eurozone construction output increased 0.1% year-on-year in August 2025, easing from a 0.7% rise in July. Output eased for civil engineering (2.6% vs 3.6% in July) and specialised construction activities (2% vs 2.5%). In addition, production fell faster for construction of buildings (-3.8% vs -2.6). Among the bloc’s largest economies, construction fell in Germany, (-1.1% … - [Pound Sterling consolidates against US Dollar at the start of UK-US inflation week](https://todaymarkets.ae/pound-sterling-consolidates-against-us-dollar-at-the-start-of-uk-us-inflation-week/): The Pound Sterling (GBP) trades flat around 1.3425 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair struggles for a direction, while the US Dollar (USD) stabilizes on easing trade frictions between the United States (US) and China. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s … - [Hang Seng Jumps 2.4% at Finish](https://todaymarkets.ae/hang-seng-jumps-2-4-at-finish/): The Hang Seng surged 612 points, or 2.4%, to close at 25,859 on Monday, recovering sharply from steep losses in the prior session as all sectors advanced. Investor sentiment was lifted by a strong rise in U.S. futures after President Trump indicated he could lower tariffs on China if Beijing also takes steps benefiting the … - [AWS Global Outage Impacts Amazon Services](https://todaymarkets.ae/aws-global-outage-impacts-amazon-services/): Amazon Web Services (AWS) is experiencing a major global outage that has been causing disruptions to many popular online platforms since the morning of October 20, 2025. The issues are affecting services such as Amazon.com, Prime Video, Alexa, Ring, and the McDonald’s app (which partially relies on AWS infrastructure). AWS has confirmed that the problem is … - [FTSE 100 Trades Higher on Monday](https://todaymarkets.ae/ftse-100-trades-higher-on-monday/): The FTSE 100 traded 0.5% higher on Monday, recovering from a 0.8% loss in the previous week, as risk appetite returned amid easing global trade tensions. Financials and commodity-linked stocks led the advance, while defensive sectors such as utilities and consumer staples lagged. Among banks, HSBC gained over 1.5%, and Barclays, Lloyds, and NatWest each … - [Chart of The Day - JP225](https://todaymarkets.ae/chart-of-the-day-jp225/): The Japanese Nikkei 225 cash index is up more than 3% today, surpassing 49000 points and setting another historical record, following a previous high established earlier in October. The move is a direct response to hopes of ending the political deadlock in Japan. The broader Topix Index also recorded gains of 2%, primarily motivated by … - [European Stocks Higher, Corporate News in Focus](https://todaymarkets.ae/european-stocks-higher-corporate-news-in-focus/): European markets opened the week in positive territory, with both the STOXX 50 and STOXX 600 rising 0.5%, rebounding from sharp losses on Friday. Sentiment improved as concerns over US banking credit eased. Investor confidence was further supported by reports that President Trump sought to de-escalate trade tensions with China. The luxury sector was among … - [DAX Starts Week on Higher Note](https://todaymarkets.ae/dax-starts-week-on-higher-note/): Germany’s DAX rose more than 1% to surpass the 24,100 mark on Monday, rebounding from steep losses on Friday, as worries over the US banking sector subsided. Investor sentiment was further boosted by signs of improving trade relations between the US and China, after President Donald Trump indicated he may consider lowering tariffs on Chinese … - [Trade of The Day - OIL.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti-3/): Facts: Recommendation:Trade: LONG position on OIL.WTI at market price Source: xStation5 Opinion: The WTI oil price on the daily interval has stopped at the FIBO 100 level and the lower band of the Bollinger. This corresponds with low RSI levels, creating favorable conditions for a technical upward correction. Methodology and assumptions:The recommendation is based on … - [French Yields Edge Higher After S&P Downgrade](https://todaymarkets.ae/french-yields-edge-higher-after-sp-downgrade/): The yield on France’s 10-year OAT climbed to 3.38% on Monday, rebounding from an over two-month low of 3.308% last week, following S&P Global Ratings’ unexpected downgrade of the country’s credit rating. On Friday, the agency cut France’s rating to A+ from AA-, citing increased risks to fiscal consolidation and persistent uncertainty over government finances, … - [Coal Falls to 1-Month Low](https://todaymarkets.ae/coal-falls-to-1-month-low/): Coal prices slipped toward $103 per ton, touching a one-month low amid data showing China’s coal production fell in September from a year earlier as ongoing output curbs weighed on supply. The country produced 411.51 million metric tons last month, down 1.8% year-on-year but up from 390.5 million tons in August. China’s “anti-involution” campaign targeting … - [ASX 200 Shakes Off Earlier Losses](https://todaymarkets.ae/asx-200-shakes-off-earlier-losses/): The S&P/ASX 200 rose 0.4% to close at 9,032 on Monday, erasing earlier losses as market sentiment improved amid optimism over a potential breakthrough in US-Australia trade talks. Prime Minister Anthony Albanese is set to meet President Donald Trump in the US to promote Australia’s critical mineral reserves as a key alternative to counter China’s … - [Euro Holds Firm Amid France Downgrade, Trade Optimism](https://todaymarkets.ae/euro-holds-firm-amid-france-downgrade-trade-optimism/): The euro steadied just above $1.165, hovering near its strongest level since October 6, as investors weighed the impact of S&P Global Ratings’ downgrade of France against improving global risk sentiment. S&P cut France’s sovereign rating to A+ from AA-, citing heightened risks to fiscal consolidation and persistent uncertainty surrounding government finances, despite the submission … - [Steel Pressured by Weak Demand](https://todaymarkets.ae/steel-pressured-by-weak-demand/): Steel rebar futures held below CNY 3,030 per ton on Monday, hovering near their lowest level in over three months as sluggish demand and narrowing margins weighed on sentiment. Data showed China, the world’s top steel producer, churned out 73.49 million metric tons of crude steel in September, the lowest in 21 months, down 4.6% … - [EUR/GBP holds firm near 0.8700 amid mounting UK budget concerns](https://todaymarkets.ae/eur-gbp-holds-firm-near-0-8700-amid-mounting-uk-budget-concerns/): The EUR/GBP cross gains ground near 0.8690 during the early European session on Monday. The Pound Sterling (GBP) softens against the Euro (EUR) on lingering fiscal concerns in the United Kingdom (UK). The European Central Bank (ECB) Isabel Schnabel and Joachim Nagel are set to speak later on Monday.  Growing concerns over the UK’s fiscal policy undermine the GBP and create a … - [Today Markets - The Week Ahead](https://todaymarkets.ae/10614-2/): The Week Ahead: trade tensions ease as focus shifts to macro data As we start a new week, early indications suggest that risk sentiment is picking up. Stock futures are higher in the US and Europe at the start of this week, as investors put the recent period of volatility behind them and instead focused … - [Silver Extends Losses on Profit-Taking](https://todaymarkets.ae/silver-extends-losses-on-profit-taking/): Silver fell to around $51.7 per ounce on Monday, extending a sharp decline from the previous session as investors locked in profits after a historic rally to record highs. Improving risk sentiment, driven largely by signs of easing US-China trade tensions, also weighed on safe-haven demand. Traders now await key US inflation data this week … - [Iron Ore Slips on Weak China Data](https://todaymarkets.ae/iron-ore-slips-on-weak-china-data/): Iron ore futures traded around CNY 770 per ton on Monday, hovering near two-month lows as weak economic data from top consumer China dampened sentiment. Figures showed the Chinese economy grew at its slowest pace in a year during Q3, weighed down by trade tensions with the US, a prolonged property slump, and sluggish domestic … - [German Producer Prices Fall for 7th Month](https://todaymarkets.ae/german-producer-prices-fall-for-7th-month/): Producer prices in Germany dropped by 1.7% year-on-year in September 2025, following a 2.2% decline in August, which was the sharpest drop in 15 months. This marked the seventh consecutive month of annual producer price declines. The overall decrease was primarily driven by lower energy costs, which fell 7.3%. Key contributors within the energy sector … - [XAG/USD stabilizes above $52 after healthy correction](https://todaymarkets.ae/xag-usd-stabilizes-above-52-after-healthy-correction/): Silver price (XAG/USD) trades 0.7% higher to near $52.30 during the late Asian trading session on Monday. The white metal rebounds after a steep corrective move seen on Friday from the all-time high of $54.50. The precious metal faced intense selling pressure after comments from United States (US) President Donald Trump signaling that the additional … - [USD/CHF appreciates to near 0.7950 due to Swiss economic concerns](https://todaymarkets.ae/usd-chf-appreciates-to-near-0-7950-due-to-swiss-economic-concerns/): USD/CHF holds ground for the second consecutive day, hovering around 0.7930 during the Asian trading hours on Monday. The pair receives support as the Swiss Franc (CHF) weakens over domestic economic concerns. Traders will likely observe the Swiss Trade Balance data to gain further impetus on the Swiss economy, scheduled to be released on Tuesday. … - [BoJ Takata Renews Push for Rate Rise](https://todaymarkets.ae/boj-takata-renews-push-for-rate-rise/): Bank of Japan policy board member Hajime Takata renewed his call for an interest rate hike, citing eased tariff concerns and progress toward the central bank’s inflation target. “Headline inflation has stayed at 2% or above for three and a half years,” he said in a speech on Monday, adding that “now is a prime … - [Indian Markets Rally to Near 13-Month High](https://todaymarkets.ae/indian-markets-rally-to-near-13-month-high/): The BSE Sensex climbed 471 points, or 0.6%, to 84,423 in morning trade on Monday, gaining for the fourth straight session, mainly supported by tech and banking stocks. The banking sector rose 0.8%, buoyed by upbeat quarterly results from HDFC Bank, ICICI Bank, and IndusInd Bank. The broader index hit its highest level since September … - [NZ Shares Recover from Early Losses](https://todaymarkets.ae/nz-shares-recover-from-early-losses/): The S&P/NZX 50 index rose 0.4% to close at 13,355 on Monday, erasing earlier losses, driven by gains in financial and utility stocks. Westpac Banking led the advance with a 1.7% rise, followed by ANZ Group (+1.5%) and Precinct Properties (+1.6%). Among utilities, Contact Energy climbed 1.1% to its highest level since October 2 after … - [Takaichi Gains Key Support Ahead of Japan’s Leadership Vote](https://todaymarkets.ae/takaichi-gains-key-support-ahead-of-japans-leadership-vote/): Sanae Takaichi is poised to become Japan’s first female prime minister after the right-wing Japan Innovation Party, Ishin, signaled its support, Reuters reported Monday. Ishin co-leader and Osaka Governor Hirofumi Yoshimura said, “I told Takaichi that we should move forward together,” adding he would meet her later Monday to finalize their cooperation. The alliance between … - [USD/CAD edges lower to near 1.4000 despite weaker Oil prices](https://todaymarkets.ae/usd-cad-edges-lower-to-near-1-4000-despite-weaker-oil-prices/): USD/CAD loses ground for the second successful session, trading around 1.4010 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) struggles due to the ongoing US federal government shutdown. Traders will likely observe the Bank of Canada (BoC) Business Outlook Survey later in the day. The US government shutdown has stretched into … - [Gold stalls Friday's pullback from record peak on trade tensions, Fed rate cut bets](https://todaymarkets.ae/gold-stalls-fridays-pullback-from-record-peak-on-trade-tensions-fed-rate-cut-bets/): Gold (XAU/USD) edges higher at the start of a new week and, for now, seems to have stalled its sharp retracement slide from the all-time peak, touched on Friday. Persistent trade-related uncertainties, rising geopolitical risks, and concerns that a prolonged US government shutdown would affect the economic performance continue to act as a tailwind for the … - [Technical signals forecast a rebound in Dogecoin, Shiba Inu, Pepe](https://todaymarkets.ae/technical-signals-forecast-a-rebound-in-dogecoin-shiba-inu-pepe/): Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) bounce off the support floor formed earlier this month after the $19 billion broader market liquidation wave on October 10. Technical signals point to waning supply pressure, while a consistent bullish RSI divergence across DOGE, SHIB, and PEPE daily price charts suggests a … - [Bitcoin, Ethereum, Ripple – BTC, ETH and XRP struggle as selling pressure mounts](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-struggle-as-selling-pressure-mounts/): Bitcoin (BTC) struggles to regain bullish momentum, hovering around $107,800 on Monday after a 5.49% drop last week. Ethereum (ETH) slips below the key $4,000 level, hinting at further downside risks, while Ripple (XRP) also trades under pressure as momentum continues to weaken. Bitcoin could correct toward $102,000 if it closes below key support  Bitcoin price faced rejection from the … - [Indian Rupee Range-Bound Near 1-Month Highs](https://todaymarkets.ae/indian-rupee-range-bound-near-1-month-highs/): The Indian rupee was little changed to marginally higher around 88 per USD, hovering near a one-month high, as traders weighed the aftereffects of last week’s aggressive Reserve Bank of India interventions, which propelled the currency to its best weekly gain in nearly four months. The central bank’s surprise dollar sales sparked a recovery from … - [S&P Cuts France’s Credit Rating to A+](https://todaymarkets.ae/sp-cuts-frances-credit-rating-to-a/): S&P Global downgraded France’s credit rating by one notch on Friday in a surprise move, warning that political instability threatens the government’s efforts to repair its finances. Credit rating agencies rarely issue unscheduled downgrades, but S&P said the cut—from ‘AA-’ to ‘A+’ with a negative outlook—was justified after a tense political week. “We expect policy … - [China Ends U.S. Soybean Imports for First Time Since 2018](https://todaymarkets.ae/china-ends-u-s-soybean-imports-for-first-time-since-2018/): China imported no soybeans from the U.S. in September 2025 — the first time since November 2018 — as trade tensions between the world’s two largest economies deepened. Customs data showed U.S. imports fell to zero last month from 1.7 million metric tons a year earlier, while shipments from Brazil surged 29.9% to 10.96 million … - [Copper Rises as Risk Appetite Improves](https://todaymarkets.ae/copper-rises-as-risk-appetite-improves/): Copper futures climbed back above $5 per pound on Monday, rebounding from a one-week low as risk sentiment improved amid signs of easing US-China trade tensions. US President Donald Trump said his proposed retaliatory tariffs on Chinese goods would be unsustainable, while Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to … - [Trump Flags Rare Earths, Fentanyl, and Soybeans as Key China Issues](https://todaymarkets.ae/trump-flags-rare-earths-fentanyl-and-soybeans-as-key-china-issues/): President Donald Trump said rare earths, fentanyl, and soybeans are the U.S.’s main priorities in talks with China as both sides prepare to resume negotiations amid an expiring trade truce. “I don’t want them to play the rare earth game with us,” Trump told reporters aboard Air Force One on Sunday, days after threatening 100% … - [WTI holds losses near $57.00 due to OPEC+ oversupply concerns](https://todaymarkets.ae/wti-holds-losses-near-57-00-due-to-opec-oversupply-concerns/): West Texas Intermediate (WTI) Oil price trims its recent gains from the previous session, trading around $57.00 per barrel during the Asian hours on Monday. Crude Oil prices face challenges amid concerns over rising global supply. Last week’s International Energy Agency (IEA) report revealed expectations that the members of the Organization of the Petroleum Exporting Countries and … - [AUD/JPY strengthens above 98.00](https://todaymarkets.ae/aud-jpy-strengthens-above-98-00/): The AUD/JPY cross gains ground to around 98.10 during the Asian trading hours on Monday. The Japanese Yen (JPY) weakens against Australian Dollar (AUD) amid renewed concerns about Japan’s fiscal health. The preliminary reading of Australia S&P Global Purchasing Managers Index (PMI) reports for October will be released later on Friday.   Reuters repored ealry … - [GBP/USD consolidates above 1.3400 as softer USD offsets dovish BoE expectations](https://todaymarkets.ae/gbp-usd-consolidates-above-1-3400-as-softer-usd-offsets-dovish-boe-expectations/): The GBP/USD pair kicks off the new week on a subdued note following Friday’s good two-way price swings and holds steady above the 1.3400 round figure during the Asian session. Moreover, the mixed fundamental backdrop warrants some caution before positioning for an extension of the recent goodish recovery from the 1.3250-1.3245 region, or the lowest … - [EUR/USD remains subdued near 1.1650 as France’s credit rating downgrades](https://todaymarkets.ae/eur-usd-remains-subdued-near-1-1650-as-frances-credit-rating-downgrades/): EUR/USD struggles for the second successive session, trading around 1.1660 during the Asian hours on Monday. The pair depreciates as the Euro (EUR) struggles after Bloomberg reported on Saturday that S&P Global Ratings downgraded France’s credit rating to A+ from AA-, citing “elevated” budget uncertainty despite the government’s submission of its 2025 draft budget. France has lost … - [Broad Gains Lift Hong Kong Stocks After Friday Slump](https://todaymarkets.ae/broad-gains-lift-hong-kong-stocks-after-friday-slump/): Shares in Hong Kong surged 638 points, or 2.5%, to 25,885 around noon on Monday, rebounding sharply from a 2.5% drop in the prior session amid widespread gains across all sectors. Hopes mounted that China may introduce fresh stimulus to support the economy, following Q3 2025 GDP growth of 4.8% yoy, the slowest in a … - [US Futures Rise to Start the Week](https://todaymarkets.ae/us-futures-rise-to-start-the-week/): US stock futures edged higher on Monday as easing US-China trade tensions offered some relief, with investors turning their focus to major earnings reports and key inflation data later this week. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet in coming days to help defuse tensions, ahead of … - [Aussie Stocks Kick Off the Week Lower](https://todaymarkets.ae/aussie-stocks-kick-off-the-week-lower/): The S&P/ASX 200 fell 0.2% to 8,976 on Monday, paring gains from last week, weighed down by sharp declines in the gold and other mining stocks. Gold stocks posted their steepest decline in a week, tumbling 5.2% and snapping a five-session winning streak, as a stronger US dollar and comments from President Donald Trump on … - [Oil Drops Amid Oversupply Concerns](https://todaymarkets.ae/oil-drops-amid-oversupply-concerns/): WTI crude oil futures dropped to $57.3 per barrel on Monday, hovering near six-month lows, as concerns over a global supply glut continued to weigh on prices. The decline follows last week’s report from the IEA, which raised its projections for a market surplus in 2026 amid rising output from OPEC+ members. At the same … - [Dollar Holds Steady Amid Easing Trade Tensions](https://todaymarkets.ae/dollar-holds-steady-amid-easing-trade-tensions/): The dollar index steadied around 98.5 on Monday, holding gains from the previous session amid easing US-China trade tensions, with President Donald Trump stating that his proposed retaliatory tariffs on China would not be sustainable. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet this week in an effort to … - [Yen Weakens Ahead of Prime Minister Vote](https://todaymarkets.ae/yen-weakens-ahead-of-prime-minister-vote/): The yen weakened toward 151 per dollar on Monday, extending losses from the prior session as investors prepared for Japan’s leadership vote on Tuesday that will decide the country’s next prime minister. Sentiment was shaped by news that the ruling Liberal Democratic Party and the Japan Innovation Party agreed to form a coalition government, paving … - [Gold Gains, US-China Talks in Focus](https://todaymarkets.ae/gold-gains-us-china-talks-in-focus/): Gold prices rose to $4,260 per ounce on Monday after a sharp decline on Friday, with investors closely monitoring upcoming talks between US and China. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet this week, with President Donald Trump expressing optimism last week that negotiations could lead to an … - [China Q3 GDP Growth Weakest in A Year](https://todaymarkets.ae/china-q3-gdp-growth-weakest-in-a-year/): China’s economy expanded 4.8% yoy in Q3 2025, easing from 5.2% in Q2 and marking the slowest pace since Q3 2024. While in line with market consensus, GDP growth in the mainland has steadily lost momentum after a strong start to the year, pressured by trade tensions with the U.S., a prolonged property slump, and … - [China Retail Sales Hit 1-Year Low](https://todaymarkets.ae/china-retail-sales-hit-1-year-low/): China’s retail sales grew by 3.0% year-on-year in September 2025, slowing from a 3.4% gain in the previous month and marking the weakest expansion since August 2024. The slowdown was driven by significantly softer sales in household appliances and audio-visual equipment (3.3% vs 14.3% in August), gold, silver, and jewelry (9.7% vs 16.8%), sports and … - [South Korean Won Little Changed as Dollar Holds Firm](https://todaymarkets.ae/south-korean-won-little-changed-as-dollar-holds-firm/): The South Korean won hovered around 1,421 per dollar on Monday, showing little change from the previous session as a steady greenback tempered optimism over progress in US–Korea tariff talks. The dollar held firm amid easing US–China trade tensions, as officials in Washington and Beijing sought to ease tariff risks ahead of upcoming meetings, while … - [China Stocks Rise as Trade Tensions Ease](https://todaymarkets.ae/china-stocks-rise-as-trade-tensions-ease/): The Shanghai Composite rose 0.5% to around 3,860 while the Shenzhen Component rallied 1.5% to 12,880 on Monday, recouping some losses from the previous session amid signs of easing Sino-US trade tensions. US President Donald Trump said his proposed retaliatory tariffs on Chinese goods would be unsustainable, while US Treasury Secretary Scott Bessent and Chinese … - [US 10-Year Yield Holds Above 4%](https://todaymarkets.ae/us-10-year-yield-holds-above-4/): The yield on the 10-year US Treasury note held above 4% on Monday after rebounding in the prior session, as sentiment toward the regional banking sector stabilized following brief credit concerns. Signs of easing US-China trade tensions also lent support, with President Donald Trump noting that his proposed 100% retaliatory tariffs on Chinese goods would … - [Japan 10-Year Yield Rises Ahead of Premier Vote](https://todaymarkets.ae/japan-10-year-yield-rises-ahead-of-premier-vote/): Japan’s 10-year government bond yield climbed to around 1.66% on Monday, rebounding from four-week lows as investors prepared for Tuesday’s leadership vote that will decide the country’s next prime minister. Sentiment was influenced by news that the ruling Liberal Democratic Party and the Japan Innovation Party agreed to form a coalition government, paving the way … - [New Zealand Dollar Strengthens](https://todaymarkets.ae/new-zealand-dollar-strengthens/): The New Zealand dollar strengthened to around $0.574 on Monday, recouping losses from the last session, after data showed that inflationary pressures were at its highest in over a year. The Q3 annual inflation rate rose to 3%, reaching the top of the central bank’s 1–3% target band. Still, the increase came in as expected, … - [China’s Rare Earth Exports Drop 6.1% MoM in September](https://todaymarkets.ae/chinas-rare-earth-exports-drop-6-1-mom-in-september/): China’s rare earth magnet exports fell 6.1% month-on-month to 5,774 metric tons in September 2025, ending three months of gains ahead of the government’s October expansion of export controls targeting users in the defense and semiconductor sectors. The latest figure was down from a seven-month high of 6,146 tons in August. The monthly decline came … - [Aussie Dollar Gains on Trade Talk Optimism](https://todaymarkets.ae/aussie-dollar-gains-on-trade-talk-optimism/): The Australian dollar strengthened to around $0.650 on Monday, extending gains from the previous session amid optimism over a potential breakthrough in US-Australia trade talks. Prime Minister Anthony Albanese is scheduled to meet with US President Donald Trump in Washington, where he will present Australia’s extensive critical mineral reserves as a key alternative to counter … - [Offshore Yuan Holds Near 3-Week Highs](https://todaymarkets.ae/offshore-yuan-holds-near-3-week-highs/): The offshore yuan traded flat around 7.12 per dollar on Monday, holding near three-week highs as investors assessed a raft of fresh Chinese economic data. Figures showed the economy slowed for a second straight quarter, expanding at the weakest pace in a year as strong exports partly offset weaker consumer spending and investment. Retail sales … - [Chart of The Day - Gold](https://todaymarkets.ae/chart-of-the-day-gold/): Gold is gaining 1.10% today and breaking above $3,800 per ounce. December futures are also rising to $3,840. The main reason for such strong capital inflows at the very start of the week is the flight to safety amid uncertainty linked to the looming U.S. government shutdown, reinforced by expectations of Fed rate cuts and a weaker … - [Spanish Inflation Lower Than Expected](https://todaymarkets.ae/spanish-inflation-lower-than-expected/): 08:00 AM BST, Spain – Retail Sales Data for August: 08:00 AM BST, Spain – Inflation Data for September: Inflation in Spain reached its highest level in over a year, justifying the European Central Bank leaving interest rates unchanged next month. Consumer prices rose 3% in September compared with a year earlier, up from 2.7% in August, in line with economists’ expectations. However, … - [China Scales Back Metals Expansion to Curb Overcapacity](https://todaymarkets.ae/china-scales-back-metals-expansion-to-curb-overcapacity/): China has lowered its annual output growth target for key non-ferrous metals in 2025–26, signaling a policy pivot from rapid expansion to efficiency and sustainability. Production of the 10 main non-ferrous metals, including copper and aluminum, is now set to grow an average of 1.5% a year, the Ministry of Industry and Information Technology said … - [AUS 10Y Yield Falls Ahead of RBA Decision](https://todaymarkets.ae/aus-10y-yield-falls-ahead-of-rba-decision/): Australia’s 10-year government bond yield fell to around 4.35%, slightly retreating from a three-week high, tracking declines in US Treasuries amid government shutdown risks, while focus remained on the upcoming RBA decision. Australia also posted a smaller-than-expected FY2024/25 budget deficit, which eased pressure on government borrowing and added downward pressure on yields. Still, moves were … - [US 10-Year Yield Eases](https://todaymarkets.ae/us-10-year-yield-eases/): The yield on the 10-year US Treasury note slipped to around 4.16% on Monday, trimming last week’s gains as the risk of a government shutdown pressured sentiment and investors awaited key economic data. Parts of the government would close on Wednesday if Congress fails to approve a funding bill before the fiscal year ends on … - [China Tech Stocks Gain on AI Boost](https://todaymarkets.ae/china-tech-stocks-gain-on-ai-boost/): The Shanghai Composite slipped 0.2% to around 3,820 while the tech-heavy Shenzhen Component surged 1.3% to 13,380 on Monday, with the latter moving back toward multi-year highs as China’s drive for artificial intelligence continued to attract global investors. Data showed global hedge funds have been the most active on mainland markets in recent years, with … - [Offshore Yuan Extend Gains](https://todaymarkets.ae/offshore-yuan-extend-gains/): The offshore yuan appreciated to around 7.12 per dollar on Monday, extending the previous session’s gains, driven by fresh policy measures and expectations of further stimulus. The People’s Bank of China introduced steps to lure foreign investors into its bond market and promote wider use of the yuan, including expanding access to the bond repo … - [Copper Rises on Supply Worries](https://todaymarkets.ae/copper-rises-on-supply-worries/): Copper futures climbed above $4.75 per pound on Monday, extending last week’s advance as supply disruptions supported prices. Freeport-McMoRan, operator of Indonesia’s Grasberg mine, recently declared force majeure on contracted shipments after a fatal mudslide, with the site accounting for 3% of global copper supply. The company warned full output recovery is unlikely before 2027 … - [Palm Oil Starts Week Higher](https://todaymarkets.ae/palm-oil-starts-week-higher/): Malaysian palm oil futures were above MYR 4,400 per tonne, rebounding from prior losses on expectations of strong demand from India ahead of October’s festive season. Meanwhile, an industry analyst projected India’s edible oil imports to rise 4.6% to a record 17.1 million tonnes in 2025/26, driven by increased palm oil purchases. In Indonesia,the world’s … - [GBP/USD gains ground above 1.3400 as US PCE inflation data support Fed rate cut bets](https://todaymarkets.ae/gbp-usd-gains-ground-above-1-3400-as-us-pce-inflation-data-support-fed-rate-cut-bets/): The GBP/USD pair edges higher to near 1.3415 during the early Asian session on Monday. The US Dollar (USD) weakens against the Pound Sterling (GBP) as the US August inflation report reinforced market expectations that the US Federal Reserve (Fed) will likely proceed with another interest rate cut in October. The US Personal Consumption Expenditures (PCE) Price Index rose … - [USD/CHF falls to near 0.7950, awaits updates on US government shutdown risks](https://todaymarkets.ae/usd-chf-falls-to-near-0-7950-awaits-updates-on-us-government-shutdown-risks/): USD/CHF extends its gains for the second successive session, trading around 0.7960 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) continues to lose ground amid market caution, driven by shutdown risks of the United States (US) government. US President Donald Trump is set to meet congressional leaders on Monday to … - [NZD/USD strengthens above 0.5750 on growing risk of US government shutdown](https://todaymarkets.ae/nzd-usd-strengthens-above-0-5750-on-growing-risk-of-us-government-shutdown/): The NZD/USD pair holds positive ground near 0.5770 during the early Asian trading hours on Monday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) amid the growing risk of a US government shutdown. Traders brace for the Fedspeak later on Monday.  US President Donald Trump will meet with the top four congressional leaders … - [EUR/USD gains above 1.1700 due to rising Fed rate cut bets](https://todaymarkets.ae/eur-usd-gains-above-1-1700-due-to-rising-fed-rate-cut-bets/): EUR/USD extends its gains for the second successive session, trading around 1.1720 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) weakens after the US August inflation report boosted the likelihood that the US Federal Reserve (Fed) will likely deliver another interest rate cut in October. The US Personal Consumption Expenditures … - [XAG/USD holds gains above $46.50 due to Fed rate cut bets](https://todaymarkets.ae/xag-usd-holds-gains-above-46-50-due-to-fed-rate-cut-bets/): Silver price (XAG/USD) is trading around new 14-year high of $46.64, marked during the Asian hours on Monday. The non-interest-bearing Silver attracts buyers as the US August inflation report boosts the odds of the US Federal Reserve (Fed) delivering another interest rate cut in October. It is worth noting that investors could put their bets on precious metals … - [WTI aims to resume upside journey on the back of Fed dovish bets](https://todaymarkets.ae/wti-aims-to-resume-upside-journey-on-the-back-of-fed-dovish-bets/): West Texas Intermediate (WTI), futures on NYMEX, strives to gain ground slightly below $65.00 during the Asian trading session on Monday. The Oil price attracts slight bids as the US Dollar extends its correction amid firm expectations that the Federal Reserve (Fed) will cut interest rates in the October policy meeting. During the press time, the US Dollar … - [USD/CAD remains below 1.3950 after pulling back from four-month highs](https://todaymarkets.ae/usd-cad-remains-below-1-3950-after-pulling-back-from-four-month-highs/): USD/CAD halts its five-day winning streak, trading around 1.3920 during the Asian hours on Monday. The pair retreated after reaching a four-month high of 1.3958 on Friday as the US Dollar (USD) lost ground after the US August inflation report boosted the likelihood that the US Federal Reserve (Fed) will likely deliver another interest rate cut in October. … - [US Dollar Index attracts some sellers below 98.00 as US government risks shutdown](https://todaymarkets.ae/us-dollar-index-attracts-some-sellers-below-98-00-as-us-government-risks-shutdown/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note around 97.95 during the Asian trading hours on Monday. The DXY declines amid the growing risk of a US government shutdown.  US President Donald Trump will meet with Democratic and Republican … - [Australian Dollar rises as US Dollar depreciates on Fed rate cut bets](https://todaymarkets.ae/australian-dollar-rises-as-us-dollar-depreciates-on-fed-rate-cut-bets/): The Australian Dollar (AUD) appreciates on Monday, with the AUD/USD pair extending its gains for the second consecutive session. The US Dollar (USD) weakens as traders brace for shutdown risks of the United States (US) government, beginning from October 1. The AUD also draws support from fading odds of near-term policy easing by the Reserve … - [Chart of The Day - OIL.WTI](https://todaymarkets.ae/chart-of-the-day-oil-wti-3/): West Texas Intermediate (OIL.WTI) crude rebounded 1.5% to $58.19 on Tuesday following Monday’s 2% drop to its lowest level since February 2021. This modest recovery comes as Chinese buyers returned from a holiday, seizing opportunities at current low prices. OPEC+ Pivot Drives Price Plunge OPEC+ surprised markets by announcing a 411,000 barrels per day increase … - [Nat-Gas Prices Retreat on the Outlook for Weak Demand to Boost Inventories](https://todaymarkets.ae/nat-gas-prices-retreat-on-the-outlook-for-weak-demand-to-boost-inventories/): June Nymex natural gas (NGM25) on Monday closed down by -0.080 (-2.20%). June nat-gas prices on Monday fell from a 3-week high and posted moderate losses.  Nat-gas prices erased an early advance Monday after updated weather forecasts called for mild temperatures across most of the US, reducing demand for nat gas for running heat or … - [Economic Calendar - PMI Data And U.S. Trade Balance in Focus](https://todaymarkets.ae/economic-calendar-pmi-data-and-u-s-trade-balance-in-focus/): Today’s economic calendar features key services sector data from Europe and trade balance figures from the US and Canada. Markets will be closely monitoring these indicators for signs of economic health amid ongoing trade tensions between major economies. The Federal Reserve’s two-day policy meeting begins today, with investors particularly focused on how the central bank … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-11/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Cotton Starts The Week Higher](https://todaymarkets.ae/cotton-starts-the-week-higher/): Cotton futures closed out Monday with contracts steady to 30 points higher. Crude oil prices were under pressure, down $1.05 as OPEC+ announce another 411,000 barrel per day increase in June. The US dollar index was down $0.240 to $99.600. Crop Progress data showed 21% of the US cotton crop planted as of 5/4, faster … - [Short Covering Lifts Sugar Prices as the Dollar Weakens](https://todaymarkets.ae/short-covering-lifts-sugar-prices-as-the-dollar-weakens/): July NY world sugar #11 (SBN25) Monday closed up +0.27 (+1.57%), and August London ICE white sugar #5 (SWQ25) did not trade today, with markets in the UK closed for the May Day holiday. Sugar prices on Monday settled moderately higher as a weaker dollar (DXY00) prompted short-covering in sugar futures after last week’s sell-off. … - [Cocoa Prices Fall on Favourable Weather in West Africa](https://todaymarkets.ae/cocoa-prices-fall-on-favourable-weather-in-west-africa/): July ICE NY cocoa (CCN25) Monday closed down -359 (-4.04%), and July ICE London cocoa #7 (CAN25) did not trade with markets in the UK closed for the May Day holiday. Cocoa prices on Monday fell sharply on signs that improved weather conditions in West Africa benefited the cocoa crops in the Ivory Coast and … - [Arabica Coffee Prices Settle Higher on Below-Normal Rain in Brazil](https://todaymarkets.ae/arabica-coffee-prices-settle-higher-on-below-normal-rain-in-brazil/): July arabica coffee (KCN25) Monday closed up +2.85 (+0.74%), and July ICE robusta coffee (RMN25) did not trade with markets in the UK closed for the May Day holiday. Arabica coffee on Monday recovered from a 1-1/2 week low and posted moderate gains after below-normal rainfall in Brazil sparked short covering in coffee futures.  Somar … - [Wheat Weakness Comes Back on Monday](https://todaymarkets.ae/wheat-weakness-comes-back-on-monday/): The wheat market fell lower across the three markets on Monday. Chicago SRW futures were 11 to 13 cents lower on Monday. Kansas City HRW futures were under pressure on Monday with contracts 8 to 9 cents in the red. Minneapolis spring wheat futures was the firmest of the three exchanges, steady to 2 cents … - [Soybeans Fall to Start the Week](https://todaymarkets.ae/soybeans-fall-to-start-the-week/): Soybeans fell lower on Monday, with contracts down 8 to 13 cents across most months at the close. CmdtyView’s national front month Cash Bean price was down 13 cents at $9.93. Soymeal futures were down $1.40 to $2.20/ton, with Soy Oil futures falling 42 to 71 points. Export Inspections data showed a total of 324,101 MT (11.91 mbu) of soybeans shipped … - [Corn Collapses Towards April Lows on Monday](https://todaymarkets.ae/corn-collapses-towards-april-lows-on-monday/): Corn futures closed out the Monday session with contracts down 14 to 15 cents in the front months and 7 to 8 cents in the new crop contracts. The nearby CmdtyView national average Cash Corn price was down 15 at $4.24 3/4. An opening for planting across the Corn Belt, along with decent weather in much of … - [USD/CHF holds above 0.8200; upside seems limited](https://todaymarkets.ae/usd-chf-holds-above-0-8200-upside-seems-limited/): The USD/CHF pair struggles to capitalize on a modest Asian session uptick and is currently placed near the lower boundary of its daily range amid subdued US Dollar (USD) price action. Spot prices, however, manage to hold above the 0.8200 mark as traders opt to wait for the outcome of a two-day FOMC monetary policy meeting … - [GBP/USD Hovers around 1.3300 as nine-day EMA caps upside](https://todaymarkets.ae/gbp-usd-hovers-around-1-3300-as-nine-day-ema-caps-upside/): The GBP/USD pair attempts to maintain its position after registering gains in the previous session, trading around 1.3300 during the Asian trading hours on Tuesday. Technical analysis on the daily chart suggests a neutral short-term price momentum, as the pair is hovering around the nine-day Exponential Moving Average (EMA). However, the GBP/USD pair continues to trade above the 14-day Relative Strength … - [Warren Leaves Berkshire And The Stock Falls Sharply](https://todaymarkets.ae/warren-leaves-berkshire-and-the-stock-falls-sharply/): Berkshire Hathaway shares fell nearly 6% in early trading after this weekend’s announcement: investment legend and the greatest investor of all time, Warren Buffett, announced he would step down as the company’s CEO. The news came at the last minute of Berkshire’s 60th annual shareholder meeting, which brought together some 40,000 people in Omaha, Nebraska. Warren Buffett … - [EUR/USD Remains confined in a range around 1.1300 ahead of FOMC meeting](https://todaymarkets.ae/eur-usd-remains-confined-in-a-range-around-1-1300-ahead-of-fomc-meeting/): The EUR/USD pair reverses an Asian session tip to the 1.1280-1.1275 region on Tuesday and climbs a fresh daily high in the last hour, though it lacks strong follow-through buying. Spot prices remain confined in a multi-day-old trading range, close to the three-week low touched last Thursday, as traders opt to wait on the sidelines ahead of … - [JPY reverses Asian session dip; USD/JPY seems vulnerable below 144.00](https://todaymarkets.ae/jpy-reverses-asian-session-dip-usd-jpy-seems-vulnerable-below-144-00/): The Japanese Yen (JPY) edged lower against its American counterpart during the Asian session on Tuesday, though it lacks any follow-through selling. Despite the Bank of Japan’s (BoJ) dovish guidance last Thursday, the broadening inflation in Japan and prospects of sustained wage hikes keep the door open for further tightening by the central bank. Apart … - [NZD/USD remains vulnerable near 0.5950 due to weak Chinese PMI data](https://todaymarkets.ae/nzd-usd-remains-vulnerable-near-0-5950-due-to-weak-chinese-pmi-data/): NZD/USD is retreating around 0.5960 during Tuesday’s Asian session after two consecutive days of gains. The pullback follows a decline in the New Zealand Dollar (NZD), pressured by disappointing Chinese economic data. China’s services sector grew at its slowest pace since September, with the Caixin Services Purchasing Managers’ Index (PMI) falling to 50.7 in April from 51.9 … - [USD/CAD trades with mild positive bias, remains below mid-1.3800s](https://todaymarkets.ae/usd-cad-trades-with-mild-positive-bias-remains-below-mid-1-3800s/): The USD/CAD pair edges higher for the second consecutive day on Tuesday, though it lacks strong follow-through buying and remains confined in a familiar range held over the past two weeks or so. Spot prices currently trade around the 1.3830 region, up less than 0.5% for the day amid a combination of diverging forces. The US … - [WTI rises above $57.50, continues recovery despite concerns over rising global supply](https://todaymarkets.ae/wti-rises-above-57-50-continues-recovery-despite-concerns-over-rising-global-supply/): West Texas Intermediate (WTI) crude Oil price continues to recover during Asian trading on Tuesday, hovering around $57.60 per barrel after a nearly 2% decline on Monday. However, gains were capped by concerns over rising global supply following an OPEC+ decision to accelerate output increases. Last week, OPEC+, the Organization of the Petroleum Exporting Countries and its … - [XAU/USD eases from two-week high; bullish bias remains amid rising geopolitical risks](https://todaymarkets.ae/xau-usd-eases-from-two-week-high-bullish-bias-remains-amid-rising-geopolitical-risks/): Gold price (XAU/USD) trims a part of its strong intraday gains to a nearly two-week high touched during the Asian session on Tuesday and currently trades around the $3,360 area, still up for the second consecutive day. The recent US macro data helped ease concerns about a recession and lend some support to the US … - [XAG/USD breaks above $33.00 following Trump's new tariff threat](https://todaymarkets.ae/xag-usd-breaks-above-33-00-following-trumps-new-tariff-threat/): Silver price (XAG/USD) extends its gains for the second successive session, trading around $33.10 per troy ounce during the Asian hours on Tuesday. The prices of the precious metals, including Silver, rose as President Donald Trump’s new tariff threat spurred demand for safe-haven assets. President Trump announced plans to direct the US Trade Representative and … - [USD/INR rises due to potential importer hedging demand, RBI dollar-buying interventions](https://todaymarkets.ae/usd-inr-rises-due-to-potential-importer-hedging-demand-rbi-dollar-buying-interventions/): The Indian Rupee (INR) edges lower against the US Dollar (USD) during the Asian hours on Tuesday. However, the USD/INR pair may continue to encounter resistance as the INR gains support from certain market factors. Investors are closely watching the Federal Reserve’s policy decision, along with any progress on a US-India trade agreement and ongoing … - [Sentiment Mixed in Europe While The DAX40 Approaches' Historical Highs](https://todaymarkets.ae/sentiment-mixed-in-europe-while-the-dax40-approaches-historical-highs/): Overall market situation: The mood on the European stock exchanges is mixed, but price movements remain within a fairly narrow range; the UK market is closed, the German DAX is gaining 0.76%, while the French CAC40 is losing 0.57%. The economic calendar for today’s session focuses on the ISM PMI data for services from the … - [Trade of The Day - USD/IDX](https://todaymarkets.ae/trade-of-the-day-usd-idx/): Facts: Recommendation: Short position at market price Opinion: The USDIDX index is currently in a consolidation phase below the lower boundary of the broad sideways trend it has followed for the past three years, suggesting potential for further dollar depreciation. The surge of euphoria in equity markets, driven by hopes of swift trade deals between … - [Stock of The Month: Repsol](https://todaymarkets.ae/stock-of-the-month-repsol/): Repsol shares have fallen by almost 30% in the last year, primarily due to sharp declines in crude oil prices. But beware, because several trends could boost oil prices again in the medium term. However, Repsol’s strategy is not convincing to some parts of the market. What can we expect from Repsol? Oil remains the king … - [GBP trades mixed amid holiday in UK markets, Fed-BoE policy in focus](https://todaymarkets.ae/gbp-trades-mixed-amid-holiday-in-uk-markets-fed-boe-policy-in-focus/): The Pound Sterling (GBP) exhibits a mixed performance in a holiday-thinned trade as the United Kingdom (UK) markets are closed at the start of the week on account of Early May. Investors brace for significant volatility in the British currency this week as the Bank of England (BoE) is scheduled to announce the interest rate … - [EUR/USD advances as US Dollar slumps, Fed policy hogs limelight](https://todaymarkets.ae/eur-usd-advances-as-us-dollar-slumps-fed-policy-hogs-limelight/): EUR/USD trades slightly higher to near 1.1350 during the European trading hours on Monday, further gaining ground after touching a three-week low of 1.1265 late last week. The major currency pair gains at the expense of the US Dollar (USD). The Euro (EUR) trades broadly flat while traders are increasingly confident that the European Central Bank (ECB) … - [WTI recovers early losses, acceleration in Oil output is still a concern](https://todaymarkets.ae/wti-recovers-early-losses-acceleration-in-oil-output-is-still-a-concern/): West Texas Intermediate (WTI), futures on NYMEX, recoups a substantial share of initial losses and rebounds from the intraday low of $55.14 to near $57.30 during European trading hours on Monday. The Oil price is still down almost 1.5% from Friday’s closing price and is expected to remain on the backfoot as the OPEC+ has … - [Gold rallies 2% at start of week with renewed geopolitical tensions](https://todaymarkets.ae/gold-rallies-2-at-start-of-week-with-renewed-geopolitical-tensions/): Gold (XAU/USD) rises by more than 2% on Monday to $3,317 at the time of writing, as geopolitical risk surges. The Houthi attack that hit Ben Gurion airport this weekend and Israel’s promise to retaliate while preparing for a broad ground offensive in Gaza are elevating risks again in the region. Meanwhile, US President Donald … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-2/): The Australian dollar extends its gains from the end of last week by 0.5%, remaining the strongest among G10 currencies, despite the recent stabilization of the U.S. dollar. In addition to the overall decline in confidence toward the USD, the AUD/USD exchange rate was further supported by the historic victory of the Australian Labor Party … - [EUR/GBP appreciates to near 0.8550 due to strong Eurozone inflation, weak Pound outlook](https://todaymarkets.ae/eur-gbp-appreciates-to-near-0-8550-due-to-strong-eurozone-inflation-weak-pound-outlook/): EUR/GBP continues to climb for the fourth consecutive session, trading around 0.8530 during early European hours on Monday. The currency cross is gaining as the Euro (EUR) strengthens on the back of robust Eurozone inflation data, released on Friday. According to Eurostat, the core Harmonised Index of Consumer Prices (HICP)—which excludes volatile components like food, energy, alcohol, and … - [EUR/JPY attracts some sellers to near 163.50 as safe-haven demand grows](https://todaymarkets.ae/eur-jpy-attracts-some-sellers-to-near-163-50-as-safe-haven-demand-grows/): The EUR/JPY cross extends the decline to around 163.50 during the early European session on Monday. The Japanese Yen (JPY) edges higher against the Euro (EUR) on the rising safe-haven demand amid the economic uncertainty. The Eurozone Sentix Investor Confidence is due later on Monday. Trading activity is expected to remain subdued on Monday due to a public … - [Economic Calendar - Services ISM in Focus](https://todaymarkets.ae/economic-calendar-services-ism-in-focus/): Due to a public holiday across most Asian markets and in the United Kingdom, today’s trading session is expected to be marked by low volatility. Trade negotiations and potential deals expected later this week will remain the central focus until the central bank season begins on Wednesday. On the other hand, talks surrounding the most … - [Market Update: Brent and WTI crude oil prices are falling by about 3% after OPEC+ announcement](https://todaymarkets.ae/market-update-brent-and-wti-crude-oil-prices-are-falling-by-about-3-after-opec-announcement/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [USD/CHF remains depressed amid broadly weaker](https://todaymarkets.ae/usd-chf-remains-depressed-amid-broadly-weaker/): The USD/CHF pair struggles to capitalize on Friday’s upbeat US jobs data-inspired bounce from the 0.8200 neighborhood and attracts fresh sellers at the start of a new week. Spot prices, however, remain confined in a familiar range held over the past two weeks or so and currently trade around the 0.8235-0.8230 region, down nearly 0.50% for … - [GBP/USD The bullish tone remains in play near 1.3300](https://todaymarkets.ae/gbp-usd-the-bullish-tone-remains-in-play-near-1-3300/): The GBP/USD pair gains traction to around 1.3290 during the early European session on Monday. The US Dollar (USD) softens against the Pound Sterling (GBP) amid heightened economic uncertainty in the wake of US President Donald Trump’s erratic trade policies.  According to the daily chart, the bullish outlook of GBP/USD remains intact, characterized by the price holding above … - [EUR/USD Moves back above mid-1.1300s, 200-period SMA on H4 holds the key](https://todaymarkets.ae/eur-usd-moves-back-above-mid-1-1300s-200-period-sma-on-h4-holds-the-key/): The EUR/USD pair attracts some dip-buyers at the start of a new week and climbs back closer to mid-1.1300s during the Asian session amid a broadly weaker US Dollar (USD). The mixed technical setup, however, warrants some caution before positioning for any meaningful recovery from a three-week low, around the 1.1265 region touched last Thursday. Last week’s … - [NZD/USD rises above 0.5950 due to softer US Dollar, US-China trade talks in focus](https://todaymarkets.ae/nzd-usd-rises-above-0-5950-due-to-softer-us-dollar-us-china-trade-talks-in-focus/): The NZD/USD pair continues to climb for the second straight session, trading near 0.5970 during Monday’s Asian hours. The Kiwi pair gains momentum as the US Dollar (USD) weakens, with traders closely monitoring developments in US-China trade relations. Over the weekend, US President Donald Trump confirmed that trade negotiations were ongoing, although he clarified that no direct … - [NatGas Edges Higher as Fundamentals Counter Seasonal Headwinds](https://todaymarkets.ae/natgas-edges-higher-as-fundamentals-counter-seasonal-headwinds/): Last week, Natural Gas Futures are trading $3.027, up $0.110 or +3.77%. Weekly Natural Gas Natural gas futures closed on the strong side of a pivot at $3.538, giving it some upside strength into Monday’s opening. If the momentum continues to increase then prices can continue to climb into the minor pivot at $4.062. If $3.538 fails … - [XAG/USD steadies near $32.00 as safe-haven demand increases](https://todaymarkets.ae/xag-usd-steadies-near-32-00-as-safe-haven-demand-increases/): Silver price (XAG/USD) is pausing its four-day decline, trading near $32.10 during the Asian session on Monday. The precious metal is regaining ground as ongoing uncertainty around US-China trade talks fuels safe-haven demand. On Friday, China’s Commerce Ministry said it is considering a proposal from the United States (US) to resume trade discussions. This comes … - [Bitcoin, Ethereum, Ripple: BTC, ETH and XRP bulls turn cautious after rejection at key resistances ](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-bulls-turn-cautious-after-rejection-at-key-resistances/): Bitcoin (BTC) price hovers around $94,000 on Monday after Friday’s rejection at resistance. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps and faced rejection from their key resistance levels last week, with the correction threatening to extend into a broader bearish trend. Bitcoin declines as it faces rejection from its daily level at $97,700 Bitcoin price … - [Ethereum dumped hard in Q1 2025, underperforms Bitcoin and Solana: Here's why](https://todaymarkets.ae/ethereum-dumped-hard-in-q1-2025-underperforms-bitcoin-and-solana-heres-why/): Ethereum’s (ETH) price growth has slowed over the past year, recording gains of 47% in 2024, far less than the 400% seen in the 2021 bull cycle. While Bitcoin and Solana raged to new highs, the top altcoin’s momentum weakened, dropping its dominance to 7% from 19% in 2024. The underperformance accelerated in 2025 following … - [Bitcoin rallies above $97K following a surge in stablecoin inflows](https://todaymarkets.ae/bitcoin-rallies-above-97k-following-a-surge-in-stablecoin-inflows/): Bitcoin (BTC) rose above $97,000 on Friday as the top cryptocurrency looked set to recover the $100,000 level heading into the weekend. The rise was fueled by increased inflows into the stablecoin market last week, particularly from USDT and USDC, which added $2.5 billion and $1.2 billion to their market caps, respectively. Bitcoin rallies as stablecoin market sees … - [GBP/USD consolidates above mid-1.3200s as traders move to the sidelines ahead of BoE this week](https://todaymarkets.ae/gbp-usd-consolidates-above-mid-1-3200s-as-traders-move-to-the-sidelines-ahead-of-boe-this-week/): The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band around the 1.3260-1.3265 area, near a one-week low touched during the Asian session. The US Dollar (USD) remains on the defensive below a multi-week top amid heightened economic uncertainty on the back of US President Donald … - [AUD gains ground as Services PMI marks fifteen consecutive months of growth](https://todaymarkets.ae/aud-gains-ground-as-services-pmi-marks-fifteen-consecutive-months-of-growth/): The Australian Dollar (AUD) is extending its gains against the US Dollar (USD) for a second consecutive session on Monday. The AUD/USD pair is rising after Australian Prime Minister Anthony Albanese secured a second three-year term in the 2025 Federal Election, achieving significant gains in Saturday’s results. Labor Party leader Albanese has claimed a majority … - [XAU/USD edges higher to near $3,250 as trade questions linger](https://todaymarkets.ae/xau-usd-edges-higher-to-near-3250-as-trade-questions-linger/): The Gold price (XAU/USD) trades in positive territory near $3,245 during the early Asian session on Monday. The renewed concerns over the US recession and US-China trade relations provide some support to safe-haven assets like Gold. The US ISM Services Purchasing Managers Index (PMI) for April will be in the spotlight later on Monday.  While … - [WTI tumbles below $56.00 as OPEC+ accelerates output hikes](https://todaymarkets.ae/wti-tumbles-below-56-00-as-opec-accelerates-output-hikes/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $55.75 during the Asian trading hours on Monday. The WTI price falls after the Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed to surge production by 411,000 barrels per day in June. OPEC+ agreed on Saturday to increase output by another 411,000 barrels … - [EUR/USD edges lower to near 1.1300, traders await US ISM Services PMI](https://todaymarkets.ae/eur-usd-edges-lower-to-near-1-1300-traders-await-us-ism-services-pmi/): EUR/USD is kicking off the week on a weaker note, trading near 1.1320 during the Asian session on Monday. US President Donald Trump confirmed he would not seek to remove Federal Reserve (Fed) Chair Jerome Powell before his term ends in May 2026. While Trump criticized Powell, calling him “a total stiff,” he reiterated that interest rates … - [JPY remains on the front foot as geopolitical risks boost safe-haven assets](https://todaymarkets.ae/jpy-remains-on-the-front-foot-as-geopolitical-risks-boost-safe-haven-assets/): The Japanese Yen (JPY) trades with a mild positive bias against its American counterpart for the second straight day on Monday amid reviving safe-haven demand, though the uptick lacks bullish conviction. Despite signs of easing US-China trade tensions, US President Donald Trump’s rapidly shifting stance on trade policies keeps investors on the edge. Furthermore, geopolitical … - [USD/CAD steadies near 1.3800, downside appears due to a weaker US Dollar](https://todaymarkets.ae/usd-cad-steadies-near-1-3800-downside-appears-due-to-a-weaker-us-dollar/): USD/CAD is holding steady around the 1.3800 level during Monday’s Asian session, following a decline in the previous trading day. Upside momentum for the pair may be capped as the US Dollar (USD) faces pressure, potentially due to renewed trade tensions. President Donald Trump announced plans to instruct the US Trade Representative and Commerce Department … - [USD/INR weakens on potential US-India trade talks](https://todaymarkets.ae/usd-inr-weakens-on-potential-us-india-trade-talks/): The Indian Rupee (INR) gains ground on Monday. The positive developments surrounding the US-India trade deal boost sentiment, supporting the Indian currency. Additionally, the fall in crude oil prices lifts the INR as India is the world’s third-largest oil consumer.  Nonetheless, the rising tensions between India and Pakistan could drag the local currency lower. Pakistan’s military said … - [Gold, XAU/USD: Commodity Investors: Watch Out for Those Reversals!](https://todaymarkets.ae/gold-xau-usd-commodity-investors-watch-out-for-those-reversals/): The U.S. nonfarm payroll statistics were just released. They were better than expected, but overall well within the previous range of values – nothing to write home about. Markets’ reaction was relatively small and in perfect tune with the technical patterns that I had already described previously. Gold price corrected a bit after breaking below the … - [Cotton Rallies into the Weekend](https://todaymarkets.ae/cotton-rallies-into-the-weekend/): Cotton futures were in rally mode on Friday, with contracts up 228 to 275 points and nearing the 3 cent limit. In delivery May (where no limits apply), was up 457 points on the session. The rally back on Friday limited to the weekly losses for July to just 39 points. Crude oil prices were … - [Sugar Prices Weighed Down by an Improving Supply Outlook](https://todaymarkets.ae/sugar-prices-weighed-down-by-an-improving-supply-outlook/): July NY world sugar #11 (SBN25) Friday closed up +0.04 (+0.23%), and August London ICE white sugar #5 (SWQ25) closed down -4.10 (-0.83%). Sugar prices on Friday extended their month-long selloff, with July NY sugar posting a 3-3/4 year nearest-futures low and London sugar posting a 2-week low.  However, sugar prices recovered from their worst … - [Cocoa Prices Supported by Ivory Coast Mid-Crop Quality Issues](https://todaymarkets.ae/cocoa-prices-supported-by-ivory-coast-mid-crop-quality-issues/): July ICE NY cocoa (CCN25) Friday closed up +134 (+1.53%), and July ICE London cocoa #7 (CAN25) closed down -43 (-0.67%). Cocoa prices on Friday settled mixed.  Cocoa prices are supported by quality concerns over the Ivory Coast mid-crop, which is currently being harvested.  Cocoa processors are complaining about the crop’s quality and have rejected … - [Coffee Prices Consolidated This Week's Gains](https://todaymarkets.ae/coffee-prices-consolidated-this-weeks-gains/): July arabica coffee (KCN25) Friday closed up +0.75 (+0.19%), and July ICE robusta coffee (RMN25) closed up +165 (+3.22%). Coffee prices on Friday settled higher but remained below Tuesday’s highs.  On Tuesday, arabica coffee rose to a  2-1/2 month high, and robusta posted a 5-week high on concern about a smaller Brazilian coffee crop.  Last … - [Wheat Rallies Double Digits on Friday](https://todaymarkets.ae/wheat-rallies-double-digits-on-friday/): Wheat bulls were trying their best to put in some sort of bottom, as futures rallied across the three exchanges on Friday.  Chicago SRW futures were up 11 to 12 cents at the close on Friday, with weekly move of 2 cents lower for July. Kansas City HRW futures were 12 to 14 cents in … - [Soybeans Post Gains to Head into the Weekend](https://todaymarkets.ae/soybeans-post-gains-to-head-into-the-weekend/): Soybeans posted 6 to 9 cents gains across most nearby contracts on Friday, with July closing out the week with a 1 ¼ cent loss. CmdtyView’s national front month Cash Bean price was up 9 cents at $10.06 3/4. Soymeal futures posted a $2.50 to $3.70 on Friday, as July slipped $1.60 this week.. Soy Oil futures faded lower into the … - [Corn Closes Mixed on Friday](https://todaymarkets.ae/corn-closes-mixed-on-friday/): The corn market settled the Friday session with some bear spreading going on, as nearby contracts were down 3 to 4 cents and new crop December was up 3 cents. July was down 16 ½ cents this week. The nearby CmdtyView national average Cash Corn price was down 3 at $4.39 3/4. Commitment of Traders data from … - [OPEC+ Mulls Accelerated Output Hike in June, Eyes Increase of Up to 400,000 Bpd](https://todaymarkets.ae/opec-mulls-accelerated-output-hike-in-june-eyes-increase-of-up-to-400000-bpd/): The June WTI (CLM25) contract settled at 58.29 (-0.95) [-1.60%], high of 59.87, low of 57.74. Cash price is 59.24 (+1.04). Open interest for CLM25 is 297,188. CLM25 settled below its 5 day (59.69), below its 20 day (61.19), below its 50 day (65.22), below its 100 day (68.04), below its 200 day (68.65) and below its year-to … - [Hopes of US-China Trade Talks Spurs Risk-On Sentiment and Boosts Nat-Gas Prices](https://todaymarkets.ae/hopes-of-us-china-trade-talks-spurs-risk-on-sentiment-and-boosts-nat-gas-prices/): June Nymex natural gas (NGM25) on Friday closed up sharply by +0.151 (+4.34%). June nat-gas prices on Friday rallied sharply for a second session and posted a 2-1/2 week high.  Nat-gas prices found support Friday on news that China is evaluating possible trade talks with the US, which sparked risk-on sentiment in asset markets.   … - [EUR/USD - Euro climbs toward 1.1400 but faces mixed momentum signals](https://todaymarkets.ae/eur-usd-euro-climbs-toward-1-1400-but-faces-mixed-momentum-signals/): The EUR/USD pair extended higher on Friday, pushing into the 1.1400 zone after the European session, as buyers retained control in the broader trend. Despite the advance, underlying momentum remains uncertain, with mixed signals from short-term indicators. The broader technical structure, however, remains constructive, supported by firm positioning of major moving averages that continue to trend upward. From … - [EUR/CAD Euro steadies near 1.5600 as bulls hold longer-term edge](https://todaymarkets.ae/eur-cad-euro-steadies-near-1-5600-as-bulls-hold-longer-term-edge/): The EUR/CAD pair hovered near the 1.5600 zone on Friday after the European session, showing little change on the day but maintaining a steady bullish bias overall. Price action remains confined to the middle of the daily range, reflecting ongoing consolidation. While short-term signals show hesitation, the broader outlook is supported by strong trend-based indicators positioned below … - [Dow Jones soars 600 points as NFP data calms recession fears, weekly gains top 3%](https://todaymarkets.ae/dow-jones-soars-600-points-as-nfp-data-calms-recession-fears-weekly-gains-top-3/): The Dow Jones Industrial Average (DJIA) rallied over 600 points, or over 1.65%, on Friday following a solid US jobs report that brushed aside fears that the largest economy in the world is tied into a recession. The Dow is set to end the week with gains of over 3% and, at the time of … - [AUD/USD strengthens amid mixed US data and trade optimism](https://todaymarkets.ae/aud-usd-strengthens-amid-mixed-us-data-and-trade-optimism/): The AUD/USD pair sees gains on Friday, strengthening to near 0.6430 as the US Dollar softens. After a disappointing false break of the 100.00 level for the US Dollar Index (DXY), the Aussie benefits from improved sentiment surrounding US-China trade negotiations and a solid, yet slowing, jobs report in the US. While the market remains cautious, hopes … - [XAU/USD slips after robust US jobs data, trade optimism](https://todaymarkets.ae/xau-usd-slips-after-robust-us-jobs-data-trade-optimism/): Gold (XAU/USD) price edged down over 0.35% on Friday, poised to end the week with losses of over 2.50%. An improvement in risk appetite due to easing trade tensions alongside a strong labor market report in the United States (US) prompted investors to book profits ahead of the weekend. At the time of writing, XAU/USD trades at $3,226 after … - [EUR/JPY Euro consolidates near 164.00 as trend remains upward](https://todaymarkets.ae/eur-jpy-euro-consolidates-near-164-00-as-trend-remains-upward/): The EUR/JPY pair edged slightly lower on Friday but continues to trade near the 164.00 zone as the market transitions into the Asian session. While price action eased from recent highs, the pair remains comfortably within the mid-range of the day’s movement. The pullback hasn’t altered the broader bullish outlook, which is supported by rising … - [Mexican Peso holds steady, poised for weekly losses](https://todaymarkets.ae/mexican-peso-holds-steady-poised-for-weekly-losses/): The Mexican Peso (MXN) remained firm against the US Dollar (USD), though it is poised to finish the week with losses of over 0.40% after economic data revealed in Mexico painted a gloomy economic outlook, despite the fact that the economy surprisingly grew in the first quarter of 2025. Also, solid US jobs data tempering … - [USD/JPY retreats from highs as Dollar weakens and Japan signals tariff push back](https://todaymarkets.ae/usd-jpy-retreats-from-highs-as-dollar-weakens-and-japan-signals-tariff-push-back/): USD/JPY pulls back toward the 145.00 area on Friday after extending gains earlier in the week. The pair loses momentum in tandem with the US Dollar, which fell below 99.50 following a firm rejection at the 100.00 level. This decline comes as markets digest mixed macro data and renewed trade headlines, including China’s signal to open … - [AUD/NZD Bullish momentum, buyers don't give up](https://todaymarkets.ae/aud-nzd-bullish-momentum-buyers-dont-give-up/): AUD/NZD is displaying upward momentum ahead on Friday’s session, trading near the top of its daily range and not far from the 1.0800 zone. The pair has gained on the day, extending its bullish push while short-term indicators strengthen this outlook. A buy signal from the MACD and support from short-term moving averages help confirm the bias, … - [EUR/USD Dips After a Stronger Than Expected NFP](https://todaymarkets.ae/7764-2/): 01:30 PM BST, United States – Employment Data for April: In April, U.S. nonfarm payroll employment rose by 177,000 while the unemployment rate held steady at 4.2%. Job growth was led by health care, transportation and warehousing, financial activities, and social assistance, though federal government employment declined. The labor force participation rate and employment-population ratio remained largely unchanged, and … - [Breaking: US Nonfarm Payrolls increase by 177,000 in April vs. 130,000 forecast](https://todaymarkets.ae/breaking-us-nonfarm-payrolls-increase-by-177000-in-april-vs-130000-forecast/): Nonfarm Payrolls (NFP) in the US rose by 177,000 in April, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 185,000 increase (revised from 228,000) reported in March and came in better than analysts’ estimate of 130,000. Other details of the employment report showed that the Unemployment Rate remained unchanged at … - [Nasdaq in Positive Territory Ahead of NFP Data](https://todaymarkets.ae/nasdaq-in-positive-territory-ahead-of-nfp-data/): Index at 200-day EMA Before Critical US Labor Market Data The final trading session of each month’s first week brings the publication of crucial US labor market data. Today’s NFP (Non-Farm Payrolls) report could determine whether “risk assets” will close the weekly trading in positive territory and whether this momentum can extend into next week. … - [Gold price sits near daily high on weaker USD; focus remains glued to US NFP report](https://todaymarkets.ae/gold-price-sits-near-daily-high-on-weaker-usd-focus-remains-glued-to-us-nfp-report/): Gold price (XAU/USD) touches a fresh daily high during the early part of the European session on Friday, though the intraday move-up lacks bullish conviction and remains below the $3,260-3,265 support breakpoint. The US Dollar (USD) struggles to capitalize on a three-day-old uptrend to a multi-week high and drifts lower amid prospects for more aggressive … - [USD/CAD Tests 1.3800 support after pulling back from nine-day EMA](https://todaymarkets.ae/usd-cad-tests-1-3800-support-after-pulling-back-from-nine-day-ema/): The USD/CAD pair retraces its gains registered in the previous session, trading around 1.3810 during the early European hours on Friday. However, technical analysis on the daily chart suggests a potential bullish shift in market sentiment, as the pair attempts to break above the descending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) remains above the 30 mark, indicating … - [Non-Farm Payrolls - Preview](https://todaymarkets.ae/non-farm-payrolls-preview/): NFP preview: April jobs number may mask the economic chaos The market is expecting a solid jobs report for April. US non-farm payrolls are expected to expand by 138k, and the unemployment rate is expected to remain steady at 4.2%. Average hourly earnings are expected to nudge higher to 3.9% YoY, from 3.8%. This report … - [GBP/JPY Strengthens above 193.00, overbought RSI warrants caution for bulls](https://todaymarkets.ae/gbp-jpy-strengthens-above-193-00-overbought-rsi-warrants-caution-for-bulls/): The GBP/JPY cross drifts higher to near 193.25 during the early European session on Friday. The Japanese Yen (JPY) weakens against the Pound Sterling (GBP) as traders scale back their bets on further interest-rate hikes by the Bank of Japan (BoJ).  On Thursday, the BoJ kept short-term interest rates steady at 0.5% and slashed its forecasts for economic … - [Chart of The Day - NASDAQ100](https://todaymarkets.ae/chart-of-the-day-nasdaq100/): The tech-heavy Nasdaq 100 index, represented by US100, exhibited mild gains on Friday following Thursday’s mixed earnings results from tech giants, with futures climbing 0.5% overnight. Market sentiment improved significantly as news broke that China and the United States are opening the door towards tariff negotiations, potentially easing the escalating trade tensions between the world’s … - [Economic Calendar - Euro-Zone CPI And U.S. Non-Farm Payrolls in Focus](https://todaymarkets.ae/economic-calendar-euro-zone-cpi-and-u-s-non-farm-payrolls-in-focus/): Today’s economic calendar features key Eurozone inflation data and the critical US nonfarm payrolls report. Markets will be monitoring these indicators closely for signs of economic health and potential monetary policy implications amid ongoing trade tensions. The week has already seen significant developments with China signaling its openness to potential trade talks with the U.S., … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-10/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAU/USD struggles to capitalize on intraday uptick amid positive risk tone, ahead of US NFP report](https://todaymarkets.ae/xau-usd-struggles-to-capitalize-on-intraday-uptick-amid-positive-risk-tone-ahead-of-us-nfp-report/): Gold price (XAU/USD) struggles to capitalize on modest intraday gains on Friday and remains below the $3,260-3,265 support breakpoint, now turned resistance, through the Asian session. The optimism over a possible US-China trade deal remains supportive of the upbeat market mood and acts as a headwind for the safe-haven precious metal. However, bets for more … - [EUR/USD moves away from multi-week low, retakes 1.1300 ahead of Euro-zone CPI/US NFP](https://todaymarkets.ae/eur-usd-moves-away-from-multi-week-low-retakes-1-1300-ahead-of-euro-zone-cpi-us-nfp/): The EUR/USD pair attracts some buyers during the Asian session on Friday and looks to build on the intraday move up beyond the 1.1300 round-figure mark. Spot prices, for now, seem to have snapped a three-day losing streak to over a two-week low, around the 1.1265 zone touched on Thursday, amid some repositioning trade ahead … - [Bitcoin, Ethereum, Ripple: BTC hits $97,000, ETH tests resistance, and XRP holds support](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-hits-97000-eth-tests-resistance-and-xrp-holds-support/): Bitcoin (BTC) price is extending its gains, trading above $97,000 at the time of writing on Friday after breaking above the key resistance level of $95,000 the previous day. Ethereum (ETH) approaches a key level of resistance, while Ripple (XRP) finds support around a significant level; a decisive close above these levels could pave the way … - [Nonfarm Payrolls Preview - Growth set to slow in April as traders gauge tariffs’ impact on hiring](https://todaymarkets.ae/nonfarm-payrolls-preview-growth-set-to-slow-in-april-as-traders-gauge-tariffs-impact-on-hiring/): The United States (US) Bureau of Labor Statistics (BLS) is due to publish the high-impact Nonfarm Payrolls (NFP) data for April on Friday at 12:30 GMT. The April employment report will be critical to affirm a Federal Reserve (Fed) interest rate cut in June amid prospects of US trade deals with its major Asian trading partners and … - [USD/CHF flat lines near 0.8300 ahead of US NFP release](https://todaymarkets.ae/usd-chf-flat-lines-near-0-8300-ahead-of-us-nfp-release/): The USD/CHF pair trades on a flat note around 0.8290 during the Asian trading hours on Friday. Traders prefer to wait on the sidelines ahead of the release of the highly anticipated US Nonfarm Payrolls (NFP) report, which is due later on Friday.  US President Donald Trump announced potential trade deals with India, South Korea, and Japan, seeking … - [USD/INR falls amid possible equity inflows, US Dollar sales](https://todaymarkets.ae/usd-inr-falls-amid-possible-equity-inflows-us-dollar-sales/): The Indian Rupee (INR) extends the rally on Friday. Foreign portfolio inflows into Indian equities and increased hedging-related US Dollar (USD) sales from local exporters boost the Indian currency. Additionally, optimism surrounding a potential trade agreement between the US and India contributes to the INR’s upside.  However, the surge in tensions between India and Pakistan … - [Chart of the Day - July Soybean Oil](https://todaymarkets.ae/chart-of-the-day-july-soybean-oil/): The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, May 1, 2025 July Soybean Oil (Daily) Today, July Soybean Oil closed at 49.70, up 0.73 on the day.  Since then, Bean Oil has rallied to hit a high of 51.13 last Friday, testing the blue overhead … - [XAU/USD edges higher as bears turn cautious ahead of the key US jobs data](https://todaymarkets.ae/xau-usd-edges-higher-as-bears-turn-cautious-ahead-of-the-key-us-jobs-data/): Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Friday and looks to build on the overnight bounce from the $3,200 neighborhood, or over a two-week low. The uptick could be attributed to some repositioning trade ahead of the release of the closely-watched US Nonfarm Payrolls (NFP) report later today. The crucial jobs data could … - [WTI rises to near $59.50 due to potential easing of U.S.-China tensions](https://todaymarkets.ae/wti-rises-to-near-59-50-due-to-potential-easing-of-u-s-china-tensions/): West Texas Intermediate (WTI) crude Oil price extended gains for a second consecutive session, trading near $59.40 per barrel during Asian trading hours on Friday. The rise in Oil prices was supported by growing optimism over a potential easing of tensions between the US and China, the world’s two largest Oil consumers. Market sentiment improved after US President … - [Crude Prices Climb as a Stock Rally Boosts Market Sentiment](https://todaymarkets.ae/crude-prices-climb-as-a-stock-rally-boosts-market-sentiment/): June WTI crude oil (CLM25) Thursday closed up +1.03 (+1.77%), and June RBOB gasoline (RBM25) closed up +0.0315 (+1.56%). Crude oil and gasoline prices recovered from early losses on Thursday and posted moderate gains.  Short covering emerged in crude oil Thursday after US stocks rallied sharply, which boosted risk-on sentiment in the asset markets.   … - [Nat-Gas Prices Jump on a Smaller-Than-Expected Build in EIA Inventories](https://todaymarkets.ae/nat-gas-prices-jump-on-a-smaller-than-expected-build-in-eia-inventories/): June Nymex natural gas (NGM25) on Thursday closed up sharply by +0.153 (+4.60%). June nat-gas prices rallied to a 2-1/2 week high Thursday and settled sharply higher on a smaller-than-expected build in weekly supplies.  The EIA reported Thursday that nat-gas inventories rose +107 bcf in the week ended April 25, below expectations of +109 bcf. … - [XAG/USD recovers further from multi-week low, climbs above mid-$32.00s](https://todaymarkets.ae/xag-usd-recovers-further-from-multi-week-low-climbs-above-mid-32-00s/): Silver (XAG/USD) builds on the previous day’s goodish bounce from the $31.65 area, or a nearly three-week low, and gains some follow-through traction during the Asian session on Friday. The white metal climbs back above mid-$32.00s in the last hour and for now, seems to have snapped a three-day losing streak, though the technical setup … - [JPY bounces off multi-week low against USD; lacks bullish conviction amid dovish BoJ](https://todaymarkets.ae/jpy-bounces-off-multi-week-low-against-usd-lacks-bullish-conviction-amid-dovish-boj/): The Japanese Yen (JPY) recovers slightly from a three-week low touched against its American counterpart during the Asian session on Friday. Some repositioning trade ahead of the US Nonfarm Payrolls (NFP) report holds back the JPY bears from placing fresh bets. This, along with subdued US Dollar (USD) price action, contributes to capping the USD/JPY pair’s intraday move up … - [GBP/USD posts modest losses below 1.3300 ahead of US NFP release](https://todaymarkets.ae/gbp-usd-posts-modest-losses-below-1-3300-ahead-of-us-nfp-release/): The GBP/USD pair drifts lower to near 1.3275 during the Asian trading hours on Friday. The positive developments surrounding US-China trade talks provide some support to the US Dollar (USD). Investors will closely monitor the US April employment report later on Friday, including the Nonfarm Payrolls (NFP), the Unemployment Rate and Average Hourly Earnings.  Early Friday, China said it … - [USD/CAD moves below 1.3850 as US Dollar retreats ahead of NFP report](https://todaymarkets.ae/usd-cad-moves-below-1-3850-as-us-dollar-retreats-ahead-of-nfp-report/): USD/CAD is slipping during Friday’s Asian session, trading near 1.3830, after posting gains in the prior session. The pair is under pressure as the US Dollar (USD) stalls following a three-day rally, with investors eyeing the upcoming Nonfarm Payrolls (NFP) report for clues on how tariffs may be influencing employment trends. However, the USD found some support … - [AUD remains stronger as US Dollar struggles ahead of Nonfarm Payrolls](https://todaymarkets.ae/aud-remains-stronger-as-us-dollar-struggles-ahead-of-nonfarm-payrolls/): The Australian Dollar (AUD) is rebounding modestly against the US Dollar (USD) on Friday, retracing some of the previous session’s losses. Australia’s Retail Sales—a key indicator of consumer spending—increased by 0.3% month-over-month in March, up from a 0.8% rise in February (revised from 0.2%), according to data released Friday by the Australian Bureau of Statistics … - [NZD/USD rises above 0.5900 as NZD advances due to improving sentiment](https://todaymarkets.ae/nzd-usd-rises-above-0-5900-as-nzd-advances-due-to-improving-sentiment/): NZD/USD is recovering its losses from the previous session, trading around 0.5930 during the Asian hours on Friday. The pair strengthens as the New Zealand Dollar (NZD) gains traction amid improving sentiment and signs of easing US-China trade tensions, given New Zealand’s close trading relations with China. Bloomberg reports that China is considering renewed trade negotiations, … - [USD/INR slumps on inflows and US Dollar sales](https://todaymarkets.ae/usd-inr-slumps-on-inflows-and-us-dollar-sales/): The Indian Rupee (INR) extends the rally on Friday. Foreign portfolio inflows into Indian equities and increased hedging-related US Dollar (USD) sales from local exporters boost the Indian currency. Additionally, optimism surrounding a potential trade agreement between the US and India contributes to the INR’s upside.  However, the surge in tensions between India and Pakistan … - [Amazon Down 4% in After Hours Despite Beating Estimates in Q1 Earnings](https://todaymarkets.ae/amazon-down-4-in-after-hours-despite-beating-estimates-in-q1-earnings/): Amazon (AMZN.US) is down 4% in after-hours trading despite beating estimates for Q1 2025 earnings. Investors are mostly concerned by the downbeat guidance for the second quarter, underlined by the “inherent unpredictability” and risks coming from tariffs, foreign exchange rate fluctuations and global consumer sentiment. “We’re pleased with the start to 2025, especially our pace … - [EUR/GBP Price Analysis: Euro holds bullish tone while drifting near 0.8500](https://todaymarkets.ae/eur-gbp-price-analysis-euro-holds-bullish-tone-while-drifting-near-0-8500/): The EUR/GBP pair saw slight weakness on Thursday, trading near the 0.8500 zone after the European session. Despite today’s marginal drop, the overall structure remains supportive of a bullish bias, backed by a firm base of longer-term moving averages. Short-term indicators, however, show conflicting signals, with momentum fading even as the broader trend holds steady. From a technical … - [WTI declines to near $61.00 as OPEC+ to raise production at next meeting](https://todaymarkets.ae/wti-declines-to-near-61-00-as-opec-to-raise-production-at-next-meeting/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.15 during the Asian trading hours on Tuesday. The WTI drifts lower as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) is expected to increase oil output once again for December. According to the latest Bloomberg report citing two delegates from the cartel, … - [XAG/USD slips below $47.00 due to optimism over US-China trade deal](https://todaymarkets.ae/xag-usd-slips-below-47-00-due-to-optimism-over-us-china-trade-deal/): Silver price (XAG/USD) remains subdued for the third successive session, trading around $46.80 per troy ounce during the Asian hours on Tuesday. The price of the safe-haven Silver declined 3.78% in the previous session amid risk-on sentiment, driven by the optimism over the United States (US)-China trade negotiations. Senior officials from the US and China announced over … - [Gold bounces off two-week low amid weaker USD, Fed rate-cut bets; trade optimism caps gains](https://todaymarkets.ae/gold-bounces-off-two-week-low-amid-weaker-usd-fed-rate-cut-bets-trade-optimism-caps-gains/): Gold (XAU/USD) attracts some buyers during the Asian session on Tuesday and recovers a part of the previous day’s losses to the $3,972-3,971 region, or an over two-week low. The US Dollar (USD) drifts lower for the second straight day amid the growing acceptance that the US Federal Reserve (Fed) will lower borrowing costs two more times this … - [Japanese Yen sticks to gains amid intervention fears, ahead of Fed/BoJ rate decisions](https://todaymarkets.ae/japanese-yen-sticks-to-gains-amid-intervention-fears-ahead-of-fed-boj-rate-decisions/): The Japanese Yen (JPY) strengthens across the board during the Asian session on Tuesday as comments from Japan’s Economics Minister Minoru Kiuchi fueled speculations about a possible government intervention to stem further falls in the domestic currency. This, along with some repositioning trade ahead of the crucial Federal Reserve (Fed) and the Bank of Japan (BoJ) rate … - [USD/CAD remains below 1.4000 amid dovish tone surrounding Fed decision](https://todaymarkets.ae/usd-cad-remains-below-1-4000-amid-dovish-tone-surrounding-fed-decision/): USD/CAD extends its losses for the second consecutive day, trading around 1.3990 during the Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) faces challenges due to the increased likelihood of a rate cut by the US Federal Reserve (Fed) on Wednesday. The Fed is widely expected to lower interest rates by another 25 basis … - [Australian Dollar holds gains as US Dollar declines on Fed rate cut bets](https://todaymarkets.ae/australian-dollar-holds-gains-as-us-dollar-declines-on-fed-rate-cut-bets/): The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Tuesday for the second successive session. The AUD/USD pair gained ground due to decreasing rate cut bets by the Reserve Bank of Australia (RBA). Markets are now assigning only a 15% probability to a rate cut next week, a steep drop from 60% earlier, following … - [Brent Prices Reverse Early Gains](https://todaymarkets.ae/brent-prices-reverse-early-gains/): Brent crude oil futures dropped to $65.4 per barrel on Monday as concerns over ample supply outweighed optimism surrounding a potential US-China trade deal. Oil prices had initially risen after US Treasury Secretary Scott Bessent announced that he had reached a “substantial framework” with Chinese Vice Premier He Lifeng, which will be discussed when their … - [Wheat Futures Rally on US-China Trade Optimism](https://todaymarkets.ae/wheat-futures-rally-on-us-china-trade-optimism/): Wheat futures jumped more than 2% to above $5.20 per bushel, reaching their highest level since late September, fueled by renewed optimism over US-China trade negotiations. Investors are now focused on the Thursday meeting between Presidents Trump and Xi Jinping, expected to finalize the framework of a preliminary deal discussed over the weekend. On Sunday, … - [US Stocks at Fresh Record Highs](https://todaymarkets.ae/us-stocks-at-fresh-record-highs/): US stocks climbed to fresh record highs on Monday, with the S&P 500 rising 0.9%, the Dow Jones gaining 260 points, and the Nasdaq advancing 1.4%, amid renewed optimism over a US–China trade deal. Treasury Secretary Scott Bessent said he believes there is a “very successful framework” for Presidents Biden and Xi to discuss on … - [TSX Struggles for Direction](https://todaymarkets.ae/tsx-struggles-for-direction/): The S&P/TSX Composite swung flat around the 30,350 mark on Monday as gains in tech and financials were offset by weakness among major miners while investors digested fresh trade developments between the United States and China and lingering friction with Canada. Top Chinese and US economic officials sketched a trade framework on Sunday for Presidents … - [Soybean Futures Surge to 4-Month High](https://todaymarkets.ae/soybean-futures-surge-to-4-month-high/): Soybean futures rallied toward $10.6 per bushel, the highest since late June, as renewed optimism over China’s soybean purchases bolstered market sentiment. Traders are closely watching a highly anticipated meeting this week in South Korea between US President Donald Trump and Chinese President Xi Jinping. Following the latest China–US trade consultations, the Chinese side said … - [Aluminum Rises to Over 3-Year High](https://todaymarkets.ae/aluminum-rises-to-over-3-year-high/): Aluminum futures in the UK rose past $2,870 per tonne in October, the highest in over three years amid a backdrop of tight supply in the near term and bullish longer term demand. Top producer China reiterated its priority of preventing overcapacity in metal production as strong competition between the country’s smelters contributed to an … - [UK Retailers Struggle: CBI Gauge](https://todaymarkets.ae/uk-retailers-struggle-cbi-gauge/): The CBI Distributive Trades Survey rose slightly to -27 in October 2025 from -29 in September, indicating UK retailers continued to report declining sales, with expectations for November worsening to -39. Despite the modest improvement, sales have now fallen for 13 consecutive months as consumer confidence remains weak. The CBI said shoppers are growing more … - [German 10-Year Yield Near Two-Week High](https://todaymarkets.ae/german-10-year-yield-near-two-week-high/): Germany’s 10-year Bund yield hovered around 2.63%, its highest level in nearly two weeks, as investors positioned for a busy week of global trade talks, central bank decisions, and key economic data releases. Market sentiment improved amid renewed optimism over US–China trade negotiations, with Presidents Trump and Xi Jinping set to meet on Thursday to … - [WTI holds gains near $61.00 as Iraq reports record Oil exports](https://todaymarkets.ae/wti-holds-gains-near-61-00-as-iraq-reports-record-oil-exports/): Oil prices are trimming some gains on Monday, as Iraq’s oil minister reported a record Crude exports, beyond 102 million barrels in September, and announced negotiations about the size of its quota with OPEC. The US benchmark West Texas Intermediate has hit session lows just below $61.00, but is holding most of the gains taken last … - [Gold Sets a Lower Tone Ahead of FED Meeting](https://todaymarkets.ae/gold-sets-a-lower-tone-ahead-of-fed-meeting/): First Weekly Decline Since August Gold is trading lower at the start of this week. Last week marked the first weekly decline since the second week of August. Should this week also end in a loss, it would be the first such instance since June. Furthermore, we have not seen gold fall for more than … - [Trade of The Day - CAC40](https://todaymarkets.ae/trade-of-the-day-cac40/): Facts: Trade: SHORT position on FRA40 at market price.Target: TP1 – 7960, TP2 – 7730Stop: SL1 – 8400 FRA40 (D1) Source: xStation5 OPINION: On the FRA40 contracts chart, the fourth test and attempt to break the peaks can be observed. According to the accepted practice of technical analysis, a greater number of unsuccessful resistance tests … - [Chart of The Day - JP225](https://todaymarkets.ae/chart-of-the-day-jp225-2/): Japan’s Nikkei 225 index surpassed the 50,000 mark for the first time in history on Monday, closing up 2.46% at 50,512 points. The rally reflected optimism over easing U.S.–China trade tensions and strong global risk appetite following record gains on Wall Street. Investor sentiment in Japan was further supported by expectations that the Bank of Japan will maintain its ultra-loose monetary policy at this … - [Bitcoin Gains as US-China Talks Boost Sentiment](https://todaymarkets.ae/bitcoin-gains-as-us-china-talks-boost-sentiment/): Bitcoin climbed to around $116,000 on Monday, reaching a two-week high as progress in US-China trade talks fueled risk appetite and lifted global markets. Investors are hopeful for a breakthrough at Thursday’s Trump-Xi meeting following productive weekend negotiations in which US and Chinese trade officials reportedly reached consensus on several contentious issues. US Treasury Secretary … - [Euro Holds Firm Ahead of Key Week for Global Markets](https://todaymarkets.ae/euro-holds-firm-ahead-of-key-week-for-global-markets/): The euro hovered around $1.16, little changed from the previous week’s levels, as markets entered a crucial week filled with global trade negotiations, central bank meetings, and key economic data releases across Europe. Investors welcomed signs of progress in US–China trade talks, with attention now turning to the upcoming meeting between Presidents Trump and Xi … - [USD/CHF trades above 0.7950 after paring losses due to potential for US-China deals](https://todaymarkets.ae/usd-chf-trades-above-0-7950-after-paring-losses-due-to-potential-for-us-china-deals/): USD/CHF depreciates after opening with a gap up, trading around 0.7960 during the Asian hours on Monday. The pair recovers its daily losses as the US Dollar (USD) gains ground on rising hopes that Presidents Donald Trump and Xi Jinping may finalize a trade deal on Thursday in South Korea. US Treasury Secretary Scott Bessent … - [Palm Oil Extend Losses to Begin the Week](https://todaymarkets.ae/palm-oil-extend-losses-to-begin-the-week/): Malaysian palm oil futures hovered around MYR 4,400 per tonne, marking the second straight session of declines and nearing their lowest level in three weeks. A stronger ringgit weighed on prices, while demand from top buyer India is expected to ease following the end of the Diwali festival. Sentiment was also rattled by lingering concerns … - [India Stocks Rise to Start the Week](https://todaymarkets.ae/india-stocks-rise-to-start-the-week/): The BSE Sensex rose 456 points, or 0.5%, to 84,668 in morning trade on Monday, rebounding after Friday’s pause in a six-session winning streak, as easing US–China trade tensions and signs of a potential trade deal lifted sentiment. Strong quarterly results and optimism ahead of more earnings announcements also supported gains, with companies including Adani … - [Asian stocks rise as Nikkei 225 moves above 50,000 on easing US-China tensions](https://todaymarkets.ae/asian-stocks-rise-as-nikkei-225-moves-above-50000-on-easing-us-china-tensions/): Asian stocks start the week on a strong foot amid easing United States (US)-China trade tensions. The top negotiators US and China reached a consensus on major disputes and paved the way for Presidents Donald Trump and Xi Jinping to meet on Thursday in South Korea to finalize a trade deal aimed at easing tensions. … - [XAG/USD plummets below $48 on US-China trade deal optimism](https://todaymarkets.ae/xag-usd-plummets-below-48-on-us-china-trade-deal-optimism/): Silver price (XAG/USD) trades 1.5% lower, slightly below $48.00 during the late Asian trading session on Monday. The white metal faces selling pressure as the appeal of safe-haven assets has diminished on hopes that the United States (US) and China will reach a bilateral trade deal soon. The optimism over the US-China trade deal increased following … - [GBP/USD trades with positive bias above 1.3300 amid softer USD; upside seems limited](https://todaymarkets.ae/gbp-usd-trades-with-positive-bias-above-1-3300-amid-softer-usd-upside-seems-limited/): The GBP/USD pair kicks off the new week on a slightly positive note and holds steady above the 1.3300 round figure during the Asian session, though it lacks follow-through buying. Moreover, the fundamental backdrop suggests that the path of least resistance for spot prices remains to the downside and backs the case for an extension … - [EUR/USD gains ground toward 1.1650 ahead of German IFO Business Survey data](https://todaymarkets.ae/eur-usd-gains-ground-toward-1-1650-ahead-of-german-ifo-business-survey-data/): EUR/USD remains stronger for the fourth successive session, trading around 1.1640 during the Asian hours on Monday. The pair edges higher as the Euro (EUR) receives support from after European Central Bank (ECB) Governing Council member José Luis Escrivá said on Sunday that he is satisfied with current settings for borrowing costs, while inflation is at target, … - [EUR/JPY strengthens to near 178.00, traders await German IFO Business Survey data](https://todaymarkets.ae/eur-jpy-strengthens-to-near-178-00-traders-await-german-ifo-business-survey-data/): The EUR/JPY cross gains ground near 178.00 during the early European session on Monday. The expectation that Japan’s new Prime Minister Sanae Takaichi would maintain expansionary spending policies and resist early tightening weighs on the Japanese Yen (JPY) against the Euro (EUR). Traders brace for the German IFO Business Survey data later on Monday.  Reports suggest Takaichi … - [USD/CAD slips below 1.4000 due to Fed rate cut bets](https://todaymarkets.ae/usd-cad-slips-below-1-4000-due-to-fed-rate-cut-bets/): USD/CAD depreciates after two days of little gains, trading around 1.3980 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) faces challenges following the release of softer US inflation data on Friday, which helps keep the likelihood of the Federal Reserve (Fed) rate cuts higher. The CME FedWatch Tool indicates that markets … - [USD/INR opens higher despite US-India trade deal optimism](https://todaymarkets.ae/usd-inr-opens-higher-despite-us-india-trade-deal-optimism/): The Indian Rupee (INR) opens lower against the US Dollar (USD) at the start of the week. The USD/INR pair rises to near 88.10 even as hopes of the United States (US) and India reaching a trade deal have increased. A report by Bloomberg showed on Friday that an Indian government official said that negotiators from both … - [Zcash, Pi Network, and Pump.fun gain bullish momentum](https://todaymarkets.ae/zcash-pi-network-and-pump-fun-gain-bullish-momentum/): Zcash (ZEC), Pi Network (PI), and Pump.fun (PUMP) emerge as the top performers among the top 100 cryptocurrencies in the last 24 hours, with double-digit gains. The recovery in ZEC, PI, and PUMP aligns with rising bullish momentum, signaling further gains if the broader cryptocurrency market holds steady. Zcash rally aims for a fresh record high Zcash … - [Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP extend gains, gear up for another bullish week](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-extend-gains-gear-up-for-another-bullish-week/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) extend gains on Monday after rallying more than 5%, 4%, and 10%, respectively, in the previous week amid improving market sentiment. The technical outlook for these top three cryptocurrencies suggests further upside potential, with momentum indicators signaling strengthening bullish momentum. Bitcoin bulls aiming for $120,000 mark Bitcoin price found support around the 61.8% Fibonacci retracement … - [Dogecoin, Shiba Inu, Pepe rally as retail demand returns](https://todaymarkets.ae/dogecoin-shiba-inu-pepe-rally-as-retail-demand-returns/): Meme Coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are advancing breakout rallies as the broader cryptocurrency market recovers, with Bitcoin crossing above $115,000. Amid the return of hopes for an “Uptober” rally in the market, retail demand is tailwinding the breakouts in DOGE, SHIB, and PEPE.  Technically, the meme coins are gaining traction, … - [US Futures Start the Week Higher](https://todaymarkets.ae/us-futures-start-the-week-higher/): US stock futures advanced on Monday as investors geared up for a pivotal week featuring an expected Federal Reserve interest rate cut, major tech earnings, and a high-stakes meeting between President Donald Trump and Chinese President Xi Jinping. Those moves came after the major averages reached new record highs last week, with the Dow, S&P … - [Oil Gains on US-China Trade Deal Optimism](https://todaymarkets.ae/oil-gains-on-us-china-trade-deal-optimism/): WTI crude oil futures rose to $61.6 per barrel on Monday, hovering at its highest level in over two weeks, as signs of a possible trade deal between the US and China lifted the energy demand outlook. US Treasury Secretary Scott Bessent said Sunday that he had reached a “substantial framework” in talks with Chinese … - [Australian Shares Kick Off the Week Higher](https://todaymarkets.ae/australian-shares-kick-off-the-week-higher/): The S&P/ASX 200 rose 0.7% to 9,082 on Monday, supported by optimism over progress in US–China trade negotiations. The two largest economies reached a preliminary consensus on several key issues, including export controls, fentanyl regulation, and shipping levies. In Australia, focus is on upcoming Q3 inflation data and the September Monthly CPI, which will guide … - [Gold Drops Amid Progress on US-China Trade Talks](https://todaymarkets.ae/gold-drops-amid-progress-on-us-china-trade-talks/): Gold prices fell 1% to around $4,070 per ounce on Monday, extending Friday’s decline, as progress in US–China trade talks dampened demand for safe-haven assets. After two days of discussions in Malaysia, top negotiators from both sides reached a preliminary consensus on topics including export controls, fentanyl trafficking, agricultural trade, and shipping levies. This now … - [Copper Jumps on Easing Trade Tensions](https://todaymarkets.ae/copper-jumps-on-easing-trade-tensions/): Copper futures climbed above $5.1 per pound on Monday, approaching three-month highs amid hopes that the Trump-Xi meeting this week could result in a trade breakthrough following productive discussions between US and Chinese trade negotiators over the weekend. US Treasury Secretary Scott Bessent said President Trump’s threat of a 100% tariff was “off the table,” … - [PBoC Injects CNY 900 Billion of MLF into Banking System](https://todaymarkets.ae/pboc-injects-cny-900-billion-of-mlf-into-banking-system/): The People’s Bank of China (PBoC) injected a total of CNY 900 billion into financial institutions on October 27 through its one-year Medium-Term Lending Facility (MLF), aiming to maintain ample liquidity in the banking system. With CNY 700 billion in MLF funds maturing this month, the operation resulted in a net liquidity injection of CNY … - [Dollar Eases as Trade Talks, Fed Meeting Eye](https://todaymarkets.ae/dollar-eases-as-trade-talks-fed-meeting-eye/): The dollar index fell slightly to around 98.8 on Monday, trimming last week’s gains as investors positioned for a pivotal week featuring a highly anticipated meeting between President Donald Trump and Chinese President Xi Jinping and a closely watched Federal Reserve rate decision. Markets are hopeful for a trade breakthrough at Thursday’s Trump-Xi meeting after … - [South Korea Shares Hit Record High on Trade Hopes and Chip Rally](https://todaymarkets.ae/south-korea-shares-hit-record-high-on-trade-hopes-and-chip-rally/): The benchmark KOSPI Index jumped 2% to above 4,020 on Monday, breaching the 4,000 mark for the first time on record as optimism over progress in US–China trade talks and strong demand for semiconductor shares lifted sentiment. Confidence grew ahead of the confirmed meeting between Presidents Trump and Xi at the APEC summit in Korea … - [Offshore Yuan Hits One-Month High](https://todaymarkets.ae/offshore-yuan-hits-one-month-high/): The offshore yuan strengthened to around 7.11 per dollar on Monday, hitting its highest level in four weeks, as optimism over progress in US-China trade negotiations boosted sentiment. After two days of talks in Malaysia, officials from both sides reached an initial consensus on issues such as export controls, fentanyl trafficking, agricultural trade, and shipping … - [China Stocks Climb on Trade Deal Hopes](https://todaymarkets.ae/china-stocks-climb-on-trade-deal-hopes/): The Shanghai Composite rose 0.8% to around 3,980 while the Shenzhen Component gained 1.1% to 13,440 on Monday, with the former hitting fresh ten-year highs amid hopes for a trade breakthrough in the Trump-Xi meeting in South Korea this week. US and Chinese negotiators said they had reached consensus on key issues including export controls, … - [Aussie Dollar Gains on US-China Deal](https://todaymarkets.ae/aussie-dollar-gains-on-us-china-deal/): The Australian dollar rose to around $0.653 on Monday, buoyed by optimism over progress toward a US–China trade agreement. The world’s two largest economies have reportedly reached a preliminary accord on key issues, including export controls, fentanyl regulation, and shipping levies, paving the way for Presidents Donald Trump and Xi Jinping to potentially formalize a … - [Soybeans Rally to Highest Since July](https://todaymarkets.ae/soybeans-rally-to-highest-since-july/): Soybean futures climbed toward $10.59 per bushel, the highest since early July, supported by renewed optimism over Chinese purchases after Treasury Secretary Scott Bessent said President Trump and his Chinese counterpart Xi Jinping could discuss “substantial” soybean deals in a potential meeting later this week. Sentiment was further bolstered by Japan, where the new government … - [Yen Weakens Toward 8-Month Low](https://todaymarkets.ae/yen-weakens-toward-8-month-low/): The Japanese yen slipped toward 153 per dollar on Monday, nearing its weakest level since February as expectations of aggressive fiscal expansion under the new government and uncertainty over the Bank of Japan’s policy outlook weighed on the currency. The yen has declined sharply this month following the election of Prime Minister Sanae Takaichi, who … - [Kiwi Dollar Hovers Near Two-Week High](https://todaymarkets.ae/kiwi-dollar-hovers-near-two-week-high/): The New Zealand dollar rose to around $0.576, hovering near a two-week high, supported by renewed optimism over US-China trade talks that could ease risks to the export-reliant economy. US and Chinese negotiators agreed on key issues over the weekend, while Treasury Secretary Bessent said Trump’s 100% tariff threat is “off the table,” ahead of … - [Silver Falls on US-China Trade Optimism](https://todaymarkets.ae/silver-falls-on-us-china-trade-optimism/): Silver fell toward $48 per ounce on Monday, extending losses from last week as progress in US-China trade negotiations dampened demand for safe-haven metals. Markets are hoping for a trade breakthrough in the Trump-Xi meeting on Thursday following productive talks between US and Chinese trade representatives over the weekend, where they reached consensus on several … - [Hong Kong Shares Kick Off Week Higher](https://todaymarkets.ae/hong-kong-shares-kick-off-week-higher/): Hong Kong stocks climbed 201 points, or 0.8%, to 26,360 on Monday morning trade, marking the third straight session of gains as easing China-U.S. trade tensions lifted risk appetite. Top negotiators from both countries said they had reached a consensus on key disputes, setting the stage for Presidents Donald Trump and Xi Jinping to meet … - [South Korean Won Gains Amid Dollar Softness, APEC Summit](https://todaymarkets.ae/south-korean-won-gains-amid-dollar-softness-apec-summit/): The South Korean won strengthened to around 1,430 per dollar on Monday, rebounding from an over six-month low in the previous session, supported by a softer dollar and expectations surrounding major policy and trade developments. The greenback eased as investors positioned ahead of the Federal Reserve’s policy meeting this week, with markets widely expecting a … - [US 10-Year Yield Edges Higher](https://todaymarkets.ae/us-10-year-yield-edges-higher/): The yield on the US 10-year Treasury note climbed to around 4.03% on Monday, reaching its highest level in over a week as investors braced a closely watched meeting between President Donald Trump and Chinese President Xi Jinping and a key Federal Reserve policy decision this week. Markets are hopeful for a trade breakthrough at … - [FTSE 100 Rises to New Record, Climbs 3% this Week](https://todaymarkets.ae/ftse-100-rises-to-new-record-climbs-3-this-week/): The FTSE 100 climbed over 0.5% on Friday to a new record high, extending weekly gains to about 3%, its best performance since April. The rally was fueled by upbeat UK economic data, as September retail sales strengthened optimism following encouraging public finance figures and easing inflation, signaling resilient consumer activity. NatWest rose nearly 3% … - [STOXX 600 Closes at New Record](https://todaymarkets.ae/stoxx-600-closes-at-new-record/): European stocks closed slightly higher on Friday amid mixed corporate earnings, while markets assessed the outlook on European growth and rates. The STOXX 50 inched up to 5,674 and the STOXX 600 rose 0.2% to a record close of 575. Sanofi advanced 3% on a Q3 profit beat and Saab surged 6% after raising its … - [Canada 10-Year Bond Yield Falls to 6-Month Low](https://todaymarkets.ae/canada-10-year-bond-yield-falls-to-6-month-low/): The 10-year Canadian government yield slipped toward 3.07%, nearing six-month lows as markets moved to price in greater odds of monetary easing on both sides of the border. In Canada, markets priced a near-certain 25bp Bank of Canada cut and Washington’s abrupt termination of trade talks raised the prospect of tariffs and weaker exports, increasing … - [Week Ahead - Oct 27th](https://todaymarkets.ae/week-ahead-oct-27th/): Next week will host major monetary policy decisions, with Federal Reserve’s FOMC heading into meeting without its usual data due to the US government shutdown. Rate decisions are also awaited by the European Central Bank, the Bank of Japan, and the Bank of Canada. Uncertainty around US economic releases due to the government shutdown will … - [US Stocks Hit Fresh Records](https://todaymarkets.ae/us-stocks-hit-fresh-records/): The three major US averages closed at fresh record highs after a softer-than-expected inflation report increased the odds of Federal Reserve rate cuts later this year and pushed investors into risk assets. The S&P 500 rose 0.8%, the Nasdaq gained 1% and the Dow added 470 points. Tech led the rally as AMD and IBM … - [TSX Tracks US Peers Higher](https://todaymarkets.ae/tsx-tracks-us-peers-higher/): The S&P/TSX Composite climbed 0.6% to close at 30,353 on Friday as cooler than expected US inflation firmed odds of Fed rate cuts and kept risk appetite strong, helping offset renewed Canada trade jitters earlier in the week. All nine sectors traded higher with tech and growth names leading the advance. Shopify rallied 3.7%, Constellation … - [Platinum price recovers from setback – Commerzbank](https://todaymarkets.ae/platinum-price-recovers-from-setback-commerzbank/): The price of Platinum also came under pressure in the wake of the correction in Gold and Silver, Commerzbank’s commodity analyst Carsten Fritsch notes. China abolishes tax rebate for Platinum imports “In contrast to the two precious metals mentioned, Platinum has recovered most of its losses and is trading at around $1,610 per troy ounce this … - [GBP/USD holds steady post-volatile session on UK data, US inflation signals](https://todaymarkets.ae/gbp-usd-holds-steady-post-volatile-session-on-uk-data-us-inflation-signals/): GBP/USD trades sideways around 1.3325 on Friday at the time of writing, unchanged on the day after a volatile session triggered by multiple economic releases from the United Kingdom (UK) and the United States (US). In the UK, the latest macroeconomic data confirmed stronger-than-expected growth momentum. Retail Sales rose by 0.5% MoM in September, defying … - [USD/JPY extends gains as strong US PMI offsets softer CPI data](https://todaymarkets.ae/usd-jpy-extends-gains-as-strong-us-pmi-offsets-softer-cpi-data/): The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Friday, with USD/JPY trading around 152.80, up for the sixth straight day. The Greenback rebounded sharply after a brief dip triggered by softer-than-expected US Consumer Price Index (CPI) data, as upbeat business activity readings from the United States (US) helped the Greenback … - [EUR/GBP jumps to four-week high as BoE dovish bets offset strong UK data](https://todaymarkets.ae/eur-gbp-jumps-to-four-week-high-as-boe-dovish-bets-offset-strong-uk-data/): EUR/GBP advances during the North American session on Friday, even though Retail Sales in the UK exceeded estimates, but a softer inflation reading increased the odds for further easing by the Bank of England. The cross trades at 0.8744, up 0.74% and hitting a four-week high at the time of writing. Sterling weakens despite upbeat sales … - [AUD/USD holds steady as mixed US data keeps traders cautious](https://todaymarkets.ae/aud-usd-holds-steady-as-mixed-us-data-keeps-traders-cautious/): The Australian Dollar (AUD) is virtually unchanged against the US Dollar (USD) on Friday after volatile two-way price action driven by a mix of US macro data. At the time of writing, AUD/USD trades around 0.6511, holding steady after earlier swings following the release of the US Consumer Price Index (CPI) and S&P Global Purchasing Managers Index … - [Gold rebounds after softer US CPI data reinforces Fed cut bets](https://todaymarkets.ae/gold-rebounds-after-softer-us-cpi-data-reinforces-fed-cut-bets/): Gold price erases earlier losses, rises over 0.10% on Friday following the release of the September inflation report in the US, which showed that prices climbed but would not deter the Federal Reserve (Fed) from cutting rates next week. XAU/USD trades at $4,127 after bouncing off daily lows of $4,043, courtesy of a mildly softer than expected Consumer Price … - [Dow Jones Industrial Average reaches record high on softer inflation data](https://todaymarkets.ae/dow-jones-industrial-average-reaches-record-high-on-softer-inflation-data/): The Dow Jones Industrial Average (DJIA) lumbered into record highs on Friday, posting intraday bids north of 47,300 for the first time ever. Investor sentiment hit high gear after US Consumer Price Index (CPI) inflation came in below expectations, keeping hopes for further interest rates from the Federal Reserve (Fed) pinned to the ceiling. Headline CPI inflation came in … - [USD/CHF Price Forecast: Stays range-bound below 0.8000](https://todaymarkets.ae/usd-chf-price-forecast-stays-range-bound-below-0-8000/): USD/CHF remains subdued on Friday, yet the pair trades below 0.8000, poised to finish the week with modest gains of over 0.25%. At the time of writing, the pair trades at 0.7956, virtually unchanged. USD/CHF Price Forecast: Technical outlook The USD/CHF pair continued to consolidate this week. Although traders are facing stir resistance at the confluence of … - [EUR/USD hovers at 1.1600 as muted CPI data fails to alter Fed stance](https://todaymarkets.ae/eur-usd-hovers-at-1-1600-as-muted-cpi-data-fails-to-alter-fed-stance/): EUR/USD is poised to finish the week with losses of 0.21% yet it remains above the 1.16 figure for the third straight day, capped on the upside by key resistance levels after US data might not deter the Fed from cutting rates. Euro supported by upbeat PMIs; Moody’s warning on France limits upside momentum Inflation data in … - [JPMorgan to roll out Bitcoin, Ethereum-backed loans for institutional clients by year-end ](https://todaymarkets.ae/jpmorgan-to-roll-out-bitcoin-ethereum-backed-loans-for-institutional-clients-by-year-end/): JPMorgan Chase is reportedly planning to offer Bitcoin (BTC) and Ethereum (ETH) backed loans, targeting institutional clients by the end of the year in what is seen as a paradigm shift in the bank’s policy. JPMorgan taps Wall Street’s crypto rush According to a Bloomberg report, the loan product will accept both Bitcoin and Ethereum … - [Bitcoin could push to new highs if large holders resume accumulation](https://todaymarkets.ae/bitcoin-could-push-to-new-highs-if-large-holders-resume-accumulation/): Bitcoin’s (BTC) next move could be determined by Dolphin holders, which now collectively hold about 26% the top crypto’s circulating supply, according to on-chain analytics platform CryptoQuant. Bitcoin’s next move hangs in the balance of Dolphin holders The Dolphin cohort (wallets with 100-1,000 BTC), comprising exchange-traded funds (ETFs), corporations and large holders, is the cornerstone … - [ETH could regain momentum following soft US CPI print](https://todaymarkets.ae/eth-could-regain-momentum-following-soft-us-cpi-print/): Ethereum price today: $3,920 Ethereum (ETH) briefly rose above $4,000 on Friday following a lower-than-expected US Consumer Price Index (CPI) print, reinforcing market expectations of rate cuts. ETH jumps as rate cut expectations rise amid soft CPI Ethereum saw a short-lived rise above $4,000 as the release of US CPI data for September stirred positive … - [XRP bulls tighten grip as CME Group futures volume hit $26 billion in 5 months](https://todaymarkets.ae/xrp-bulls-tighten-grip-as-cme-group-futures-volume-hit-26-billion-in-5-months/): Ripple (XRP) increases in tandem with the broader cryptocurrency market, trading above $2.45 on Friday. Market participants anticipate volatility following the release of the US Consumer Price Index (CPI), which showed that inflation is rising, but at a slightly slower pace than market forecasts.  The US Bureau of Labor Statistics has published the September CPI report, showing that inflation increased to 3% … - [NY Coffee Prices Continue to be Undercut by Favorable Weather Forecasts](https://todaymarkets.ae/ny-coffee-prices-continue-to-be-undercut-by-favorable-weather-forecasts/): December arabica coffee (KCZ25) on Friday closed -7.15 (-1.74%), and November ICE robusta coffee (RMX25) closed up +17 (+0.37%). Coffee prices on Friday closed mixed after Thursday’s sharp declines of -2.54% in NY arabica and -3.90% in robusta.  Coffee prices fell back from Thursday’s 8.3-month nearest-futures high in arabica coffee and 5-week high in robusta … - [Sugar Prices Fall to Lowest Levels in More Than 4 Years](https://todaymarkets.ae/sugar-prices-fall-to-lowest-levels-in-more-than-4-years/): March NY world sugar #11 (SBH26) on Friday closed down -0.32 (-2.09%), and December London ICE white sugar #5 (SWZ25) is closed down -6.50 (-1.48%). Sugar prices on Friday reverted to weakness, with NY sugar falling to a new 4.5-year low and London sugar falling to a new 4.25-year low.  Sugar prices on Thursday earlier … - [Cocoa Prices Fall Back from 3-week Highs](https://todaymarkets.ae/cocoa-prices-fall-back-from-3-week-highs/): December ICE NY cocoa (CCZ25) on Friday closed down -20 (-0.32%), and December ICE London cocoa #7 (CAZ25) closed down -41 (-0.90%). Cocoa prices on Friday closed lower, with NY cocoa falling back from an early 3-week high and robusta falling back from Thursday’s 3-week high.  Cocoa prices saw some pre-weekend long liquidation pressure. Supply … - [Cotton Nudges Out Gains on Friday](https://todaymarkets.ae/cotton-nudges-out-gains-on-friday/): Cotton futures closed Friday with contracts 3 to 13 points higher, as December slipped back 8 points on the week. Crude oil futures were 35 cents/barrel to $61.44, with the US dollar index up $0.021 to $98.750. President Trump and China’s President Xi are expected to meet in South Korea on Thursday. Talks at lower levels … - [Corn Headed Lower into the Weekend](https://todaymarkets.ae/corn-headed-lower-into-the-weekend/): The corn market closed out the Friday session with contracts down 1 to 4 ¾ cents. December was up just ¾ cent on the week. The CmdtyView national average Cash Corn price was down 4 1/2 cents at $3.83 3/4.  The average December close so far in October, now with just 5 trade days remaining, is $4.20. … - [Winter Wheat Contracts See Strength, as Spring Wheat Slips Back](https://todaymarkets.ae/winter-wheat-contracts-see-strength-as-spring-wheat-slips-back/): The wheat complex is mixed at midday, with the winter wheats showing the strength. CBT soft red wheat was fractionally mixed, with nearbys lower and deferreds higher. December was 8 ¾ cents higher on the week. KC HRW futures saw Friday gains of 1 to 1 1/2 cents, as December posted a dime gain since … - [Soybeans Correct Back Lower Ahead of the Weekend](https://todaymarkets.ae/soybeans-correct-back-lower-ahead-of-the-weekend/): Soybeans saw steady trade in some deferred contracts on Friday, with nearbys down fractionally to 3 cents. November was up 22 ¼ cents this week. November options expired today, with first notice day on the 31st. The cmdtyView national average Cash Bean price was 2 1/2 cents lower at $9.73 3/4. Soymeal futures were up $1.80 to $4.10 at … - [IBM And AMD Speed up Quantum Computing Progress](https://todaymarkets.ae/ibm-and-amd-speed-up-quantum-computing-progress/): IBM has announced a significant breakthrough in quantum computing, demonstrating that a key error-correction algorithm can now run in real time on standard AMD hardware. This milestone brings quantum computers closer to practical applications, allowing their integration with existing systems and testing under realistic conditions. The algorithm, developed by IBM in June, was designed to effectively … - [US Dollar Index (DXY) consolidates around 99.00 with all eyes on the US CPI](https://todaymarkets.ae/us-dollar-index-dxy-consolidates-around-99-00-with-all-eyes-on-the-us-cpi/): The US Dollar is consolidating previous gains on Friday, trading within a 40-pip range, both sides of the 99.00 line, with investors looking from the sidelines ahead of the release of September’s US Consumer Prices Index report, due later on the day. The US Bureau of Labour will make an exception and release September’s inflation … - [Iron Ore Pressured by Rising Inventories](https://todaymarkets.ae/iron-ore-pressured-by-rising-inventories/): Iron ore futures held below CNY 770 per ton, hovering near the lowest levels in over three months after industry data pointed to rising inventories at Chinese mills and ports. The buildup followed record-high imports in September and comes ahead of the expected launch of Guinea’s massive Simandou project. At the same time, Chinese steelmakers … - [Australian Shares End Lower](https://todaymarkets.ae/australian-shares-end-lower/): The S&P/ASX 200 finished 0.2% lower at 9,019 on Friday, after pausing in the previous session, as profit-taking in financials and gold stocks weighed on the index, while investors turned cautious ahead of local and US inflation data. Markets focused on Australia’s third-quarter inflation report due next week, seen as key for the Reserve Bank’s … - [U.S. Inflation Rate Likely Accelerated for 2nd Month](https://todaymarkets.ae/u-s-inflation-rate-likely-accelerated-for-2nd-month/): The annual inflation rate in the US likely accelerated for a second consecutive month to 3.1% in September 2025, up from 2.9% in August, which would mark the highest level since May 2024. The pickup is expected to reflect higher prices for food, and tariff-affected goods, as well as a slower-than-expected easing of service-sector inflation, … - [FTSE 100 Steadies at Record High](https://todaymarkets.ae/ftse-100-steadies-at-record-high/): The FTSE 100 was little changed on Friday after reaching a record high in the previous session, though it remains up about 2.5% for the week. The index was supported by upbeat UK economic data, with September retail sales adding to optimism after stronger public finance figures and softer inflation, suggesting consumers remain resilient. NatWest … - [DAX on Cautious Note](https://todaymarkets.ae/dax-on-cautious-note/): Germany’s DAX was marginally up around 24,240 on Friday, in cautious trading, as traders eyed a fresh batch of corporate earnings and assessed key PMI data. Germany’s private sector activity unexpectedly accelerated in October, with output expanding at its fastest pace since May 2023, led by services. Attention is also focused on the upcoming US … - [Bund Yields Rise on Strong PMI](https://todaymarkets.ae/bund-yields-rise-on-strong-pmi/): Germany’s 10-year Bund yield climbed to 2.60% as investors digested better-than-expected PMI data and awaited delayed US inflation figures for September. The October PMI showed Germany’s private sector output growing at its fastest pace since May 2023, led by robust services activity, while Eurozone business activity expanded at the strongest rate since May 2024, surpassing … - [Hang Seng Jumps 3.6% this Week](https://todaymarkets.ae/hang-seng-jumps-3-6-this-week/): The Hang Seng rose 192 points, or 0.7%, to finish at 26,160 on Friday, extending gains from the prior session. The increase came after Shanghai shares hit a 10-year peak, on strong inflows and China’s pledge at the conclusion of a plenum to boost the household consumption’s share in GDP over the next five years. … - [Euro Holds Near $1.16 as Eurozone PMI Surges Ahead of US Inflation](https://todaymarkets.ae/euro-holds-near-1-16-as-eurozone-pmi-surges-ahead-of-us-inflation/): The euro hovered around $1.16 as investors digested flash Eurozone PMI data and awaited delayed US inflation figures due later Friday. The October PMI showed the private sector growing at its fastest pace since May 2024, driven by robust services activity and stabilizing manufacturing. Germany hit a 29-month growth high, the rest of the euro … - [UK Private-Sector Activity Rises More than Expected](https://todaymarkets.ae/uk-private-sector-activity-rises-more-than-expected/): The S&P Global UK Composite PMI rose to 51.1 in October of 2025 from the four-month low of 50.1 in the previous month, above the consensus of a 50.6. The expansion reflected by the data was supported by an acceleration in activity for the services sector (51.1 vs 50.8 in September) while the decline for … - [France 10-Year Yields Hit Near Two-Week High](https://todaymarkets.ae/france-10-year-yields-hit-near-two-week-high/): France’s 10-year OAT yield climbed to 3.4%, near a two-week high, as investors digested October PMI data while awaiting US inflation figures later today for guidance on the Federal Reserve’s policy path. The French private sector contracted for the 14th consecutive month, with weakness in both services and manufacturing amid ongoing political uncertainty. By contrast, … - [Strong PMI Data From Germany While Franc Sees Mixed Data](https://todaymarkets.ae/strong-pmi-data-from-germany-while-franc-sees-mixed-data/): Germany Manufacturing PMI (preliminary, October): 49.6 (expected: 49.5; previous: 49.5)Germany Services PMI:54.5 (expected: 51.0; previous: 51.5) France Manufacturing PMI (preliminary, October): 48.3 (expected: 48.2; previous: 48.2)France Services PMI:47.1 (expected: 48.7; previous: 48.5) Germany PMI: Clear improvement, but risks remain Germany’s PMI data show the fastest growth in output in over two years, with rising new orders and backlogs in both … - [EUR/GBP Muted Despite Solid U.K. PMI Data](https://todaymarkets.ae/eur-gbp-muted-despite-solid-u-k-pmi-data/): 09:30 AM BST, United Kingdom – PMI Data for October: The UK private sector gained modest momentum in October, with the Composite PMI rising to 51.1 (from 50.1), signaling a second month of mild growth. The services PMI edged up to 51.1, while manufacturing output expanded for the first time in a year, with the Manufacturing PMI improving to 49.6 — a 12-month high. Growth was driven … - [Chart of The Day - Gold](https://todaymarkets.ae/chart-of-the-day-gold-3/): Precious metals extend their deepest correction in months. As of publication time today, gold is down another 1.00% to $4,085, silver falls 1.26% to $48.20, platinum declines 0.55% to $1,609, and palladium drops the most — 2.10% to $1,411. During the current correction, gold has lost a total of 6.50%, while silver is down 11.60%. Nevertheless, recent gains were so significant that on a monthly basis gold remains up 5.8%. Before the correction began, … - [Trade of The Day - Corn](https://todaymarkets.ae/trade-of-the-day-corn/): Facts Recommendation Long position on CORN at market price. Opinion From a fundamental perspective, U.S. corn harvesting will surpass the halfway point this week, which may lead to a gradual weakening of selling pressure from commercial hedging in the futures market. In addition, recent U.S. corn export data indicate continued strong momentum in overseas demand. … - [S&P500 Earning Season Highlights](https://todaymarkets.ae/sp500-earning-season-highlights/): The third-quarter 2025 earnings season for the S&P 500 is underway, and early results show a mixed picture. While most companies are beating expectations, the size of these beats is smaller than usual. Still, the index continues to post strong growth, marking its ninth consecutive quarter of rising earnings. Here, we will analyse the earnings … - [IBM Earnings - Slow Growth And Poor Guidance](https://todaymarkets.ae/ibm-earnings-slow-growth-and-poor-guidance/):  IBM released its results yesterday, which at first glance appeared solid. Revenue and earnings per share exceeded market expectations, and free cash flow increased significantly year-over-year. Despite this, the investor reaction was decidedly negative. During regular trading, the stock price slipped downward, and in after-hours trading, the declines exceeded 7%.This marks the third consecutive quarter … - [UK Factory Orders Slump to 10-Month Low](https://todaymarkets.ae/uk-factory-orders-slump-to-10-month-low/): The latest Confederation of British Industry (CBI) survey showed that the UK’s total order book balance dropped sharply to -38 in October 2025, down from -27 in September and well below both market expectations of -30 and the long-run average of -14. This marked the weakest reading since December 2024’s four-year low of -40, underscoring … - [Steel Rebounds from 3-Month Low](https://todaymarkets.ae/steel-rebounds-from-3-month-low/): Steel rebar futures in China rebounded to CNY 3,060 per tonne from the three-month low of CNY 3,000 on October 15th as China’s effort to curb overcapacity for ferrous metals offset the outlook of poor demand. Chinese mills produced 73.5 million tons of steel in September, a 4.6% annual reduction to the lowest in nearly … - [Russian Stocks Plunge Toward YTD Low](https://todaymarkets.ae/russian-stocks-plunge-toward-ytd-low/): The MOEX Russia Index sank to the 2,650 mark on Thursday, close to the year-to-date low of 2,540 from on October 14th as additional sanctions against Russia pressed the outlook for major energy companies and Moscow’s fiscal stability. Rosneft sank 5% to a two-year low and Lukoil dropped 4% after the US sanctioned both oil … - [Indian Stocks Advance for 6th Day](https://todaymarkets.ae/indian-stocks-advance-for-6th-day/): India’s BSE Sensex closed about 0.2% up at 84,556 on Thursday, the highest since September 2024, marking the sixth straight session of gains, amid US-India trade deal optimism and the ongoing upbeat earnings season. According to some reports, India and the United States are close to finalising a long-awaited trade pact that could see Washington … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-3/): The USDJPY pair remains around 152.50, recovering from losses after the recent strengthening of the yen, which reacted to the outcome of the vote in the Japanese parliament and Sanae Takaichi taking office as prime minister. Investors assume that the new government, based on a coalition between the LDP and the Ishin party, will introduce … - [Dow Jones Industrial Average falls back as investors brace for US-China trade talks](https://todaymarkets.ae/dow-jones-industrial-average-falls-back-as-investors-brace-for-us-china-trade-talks/): The Dow Jones Industrial Average (DJIA) followed the broader market lower on Friday, falling below 41,250 as investors gear up for a tense weekend. The United States (US) and China are headed for opening trade talks in Switzerland this weekend, but policymakers from both administrations have cautioned that talks will be strictly preliminary. Chinese delegates have specifically … - [EUR/JPY Euro steadies near 164.00 as bullish structure holds firm](https://todaymarkets.ae/eur-jpy-euro-steadies-near-164-00-as-bullish-structure-holds-firm/): The EUR/JPY pair eased slightly on Friday, trading near the 164.00 zone after the European session, reflecting a modest pullback from recent gains. Despite the minor dip, the broader outlook remains positive, supported by a cluster of rising moving averages that continue to provide a strong technical base. Short-term momentum is mixed, but the overall structure remains … - [USD/JPY struggles as US Dollar Softens Ahead of Key Trade Talks](https://todaymarkets.ae/usd-jpy-struggles-as-us-dollar-softens-ahead-of-key-trade-talks/): USD/JPY pair has pulled back toward 145.00 after failing to extend gains above a near one-month high of 146.20 earlier in the day. The retreat reflects a broader softening in the US Dollar, which reversed sharply as investors reassessed the US-UK trade deal and looked ahead to critical US-China negotiations this weekend in Switzerland. The US … - [AUD/NZD Price Analysis: Aussie holds near 1.0800 as bullish signals persist](https://todaymarkets.ae/aud-nzd-price-analysis-aussie-holds-near-1-0800-as-bullish-signals-persist/): The AUD/NZD pair edged higher on Friday, trading near the 1.0800 zone after the European session, reflecting a steady bullish tone as the market heads into the Asian session. Price action remains within the middle of the day’s range, suggesting that buyers maintain control despite some longer-term resistance levels. The immediate outlook is supported by rising short-term … - [USD/CAD ticks higher to near 1.3920 as Canadian unemployment accelerates](https://todaymarkets.ae/usd-cad-ticks-higher-to-near-1-3920-as-canadian-unemployment-accelerates/): The USD/CAD pair moves higher to near 1.3920 in Friday’s North American session after the release of the Canadian labor market data for April. The data showed that the Unemployment Rate accelerated at a faster pace to 6.9% from estimates of 6.8% and the March reading of 6.7%, the highest level seen since October 2021. Higher jobless … - [EUR/USD bounces back, while US-China trade talks take centre stage](https://todaymarkets.ae/eur-usd-bounces-back-while-us-china-trade-talks-take-centre-stage/): EUR/USD rebounds to near 1.1260 during North American trading hours on Friday from over a three-week low around 1.1200 earlier in the day. The major currency pair bounces back as the US Dollar (USD) retraces amid caution ahead of the trade talks between the United States (US) and China due on Saturday. The US Dollar Index (DXY), which gauges … - [Mexican Peso strengthens as markets weigh Consumer Confidence, Fed signals](https://todaymarkets.ae/mexican-peso-strengthens-as-markets-weigh-consumer-confidence-fed-signals/): The Mexican Peso (MXN) is strengthening against the US Dollar (USD) in Friday’s European session, as Federal Reserve speakers and US-China trade talks overshadow weak Consumer Confidence data out of Mexico for April. At the time of writing, USD/MXN is trading near 19.503, down 0.11%, with further moves likely driven by sentiment shifts around Fed policy signals, … - [Oil Extends It's Rebound by 1.5% on The Back of U.S. China Talks](https://todaymarkets.ae/oil-extends-its-rebound-by-1-5-on-the-back-of-u-s-china-talks/): WTI crude oil futures (OIL.WTI) are heading for a positive weekly close, rising 1.5% on Friday, as investors hope for favorable outcomes from U.S.–China talks, while a trade agreement with the U.K. has given markets renewed optimism that the new U.S. trade policy may not lead to a major economic slowdown. OIL.WTI (Daily Chart) Oil prices are … - [Today Markets - Chinese exports rose 8.1% y/y in April, beating the 1.9% forecast](https://todaymarkets.ae/today-markets-chinese-exports-rose-8-1-y-y-in-april-beating-the-1-9-forecast/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Economic Calendar - Multiple Fed Members Speeches in Focus](https://todaymarkets.ae/economic-calendar-multiple-fed-members-speeches-in-focus/): Investor attention today will be primarily focused on speeches by members of the U.S. Federal Reserve (FOMC). Apart from the speeches, no major macroeconomic data is scheduled to be released from the U.S. However, we will learn Canadian labor market data for April. Following the Fed’s decision on Wednesday, this will be the first series … - [XAG/USD trades with mild positive bias around mid-$32.00's](https://todaymarkets.ae/xag-usd-trades-with-mild-positive-bias-around-mid-32-00s/): Silver (XAG/USD) attracts some dip-buyers near the $32.20 area during the Asian session on Friday and climbs to a fresh daily high in the last hour. The white metal, however, remains well within the previous day’s broader trading range and currently trades just above mid-$32.00s, up over 0.25% for the day. From a technical perspective, … - [EUR/USD rebounds above 1.1200, downside remains due to improved US Dollar](https://todaymarkets.ae/eur-usd-rebounds-above-1-1200-downside-remains-due-to-improved-us-dollar/): The EUR/USD pair trimmed daily losses and is trading around 1.1230 during Friday’s Asian session. The pair depreciated as the US Dollar (USD) found support from upbeat US economic data and signs of easing trade tensions. US President Donald Trump announced a “major” trade deal with the United Kingdom (UK), although key tariffs remain at 10%, which has tempered market … - [Bitcoin, Ethereum, Ripple: BTC, ETH and XRP explode higher as bulls take control](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-explode-higher-as-bulls-take-control/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are surging this week, fueled by growing bullish momentum across the crypto market. BTC is reclaiming levels near $102,900, last seen in early February, ETH is stabilizing around $2,200 after a 20% rally, and XRP is pushing higher as bulls eye the $2.50 target. Bitcoin bulls aim for $105,000 before reaching … - [Ripple: $3 XRP breakout looms after $50M SEC settlement](https://todaymarkets.ae/ripple-3-xrp-breakout-looms-after-50m-sec-settlement/): Ripple (XRP) price consolidates gains around $2.31 at the time of writing on Friday, down slightly on the day. A joint motion filed by Ripple and the Securities and Exchange Commission (SEC) on Thursday revealed that the two parties have reached a settlement agreement pending judicial approval.  Meanwhile, XRP’s performance in the last 24 hours … - [US Dollar Index (DXY) consolidates near 100.50 area, just below multi-week high](https://todaymarkets.ae/us-dollar-index-dxy-consolidates-near-100-50-area-just-below-multi-week-high/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, enters a bullish consolidation phase after touching a nearly one-month top, around the 100.85 region during the Asian session on Friday. Nevertheless, the index remains on track to register gains for the third straight week and seems poised to build on its recent … - [JPY rebounds from multi-week low against USD; lacks bullish conviction](https://todaymarkets.ae/jpy-rebounds-from-multi-week-low-against-usd-lacks-bullish-conviction/): The Japanese Yen (JPY) recovers slightly from a four-week low touched against a broadly stronger US Dollar (USD) during the Asian session on Friday, though it lacks any follow-through buying. Japan’s household spending data released earlier today came in well above consensus estimates, boosting the case for further interest rate hikes by the Bank of Japan (BoJ) … - [NZD/USD breaks below 0.5900, remains subdued following China’s trade data](https://todaymarkets.ae/nzd-usd-breaks-below-0-5900-remains-subdued-following-chinas-trade-data/): The NZD/USD pair continues its downward trajectory for the third consecutive session, hovering near 0.5890 during Friday’s Asian trading hours. The decline follows the release of China’s latest trade data, which pointed to a slowdown in external demand. Given New Zealand’s strong trade links with China, any weakness in the Chinese economy tends to negatively impact … - [Crude Settles Sharply Higher as the US-UK Trade Deal Boosts Economic Optimism](https://todaymarkets.ae/crude-settles-sharply-higher-as-the-us-uk-trade-deal-boosts-economic-optimism/): June WTI crude oil (CLM25) Thursday closed up +1.84 (+3.17%), and June RBOB gasoline (RBM25) closed up +0.0575 (+2.84%). Crude oil and gasoline prices on Thursday settled sharply higher after President Trump announced a trade deal with the UK, which eased trade tensions and bolstered optimism that more trade deals will be made, a positive … - [Soybeans Pops Higher](https://todaymarkets.ae/soybeans-pops-higher/): Soybeans saw 3 to 6 cent gains across most contracts on Thursday, fighting off midday pressure.  The cmdtyView Cash Bean price was up 6 1/2 cents to $9.94 1/2. Soymeal futures were down 20 to 90 cents/ton, with Soy Oil futures back up 74 to 112 points.  A private export sale of 225,000 MT of soybeans for 2025/26 was reported by … - [Wheat Maintains Weakness Into The Weekend](https://todaymarkets.ae/wheat-maintains-weakness-into-the-weekend/): The wheat complex held the weakness into the Thursday close. Chicago SRW futures were down 5 cents in the front months. Kansas City HRW futures were 4 to 5 cents in the red on the day. Minneapolis spring wheat futures fell back 2 to 3 cents at the close. The weekly Export Sales report from … - [Corn Pulls Off Lows](https://todaymarkets.ae/corn-pulls-off-lows/): The corn market pulled off the session lows into the Thursday close, with contracts down 1 to 2 cents at the close. The nearby CmdtyView national average Cash Corn price was down 1 3/4 cents at $4.18 3/4.  USDA reported private export sales of 205,000 MT to Mexico this morning (40,000 for 2024/25 and 165,000 MT for … - [Sugar Prices Climb on Strength in Crude Oil](https://todaymarkets.ae/sugar-prices-climb-on-strength-in-crude-oil/): July NY world sugar #11 (SBN25) Thursday closed up +0.37 (+2.16%), and August London ICE white sugar #5 (SWQ25) closed up +9.50 (+1.96%). Sugar prices Thursday settled moderately higher as a +3% rally in WTI crude oil (CLM25) sparked short covering in sugar futures.  Higher crude prices benefit ethanol and could prompt the world’s sugar … - [Cocoa Prices Slip as the Dollar Rallies](https://todaymarkets.ae/cocoa-prices-slip-as-the-dollar-rallies/): July ICE NY cocoa (CCN25) Thursday closed down -130 (-1.41%), and July ICE London cocoa #7 (CAN25) closed down -128 (-1.91%). Cocoa prices Thursday gave up an early advance and posted moderate losses after the dollar index (DXY00) rallied to a 3-1/2 week high, prompting some long liquidation pressure in cocoa futures after the Tue-Wed … - [Coffee Prices Underpinned by Brazil Crop Concerns](https://todaymarkets.ae/coffee-prices-underpinned-by-brazil-crop-concerns/): July arabica coffee (KCN25) Thursday closed up +3.25 (+0.85%), and July ICE robusta coffee (RMN25) closed up +26 (+0.50%). Coffee prices settled moderately higher on Thursday and are consolidating below last week’s highs.  Last Tuesday, arabica coffee rose to a  2-1/2 month high, and robusta posted a 5-week high on concern about a smaller Brazilian … - [USD/CAD climbs to multi-week top, closer to mid-1.3900s amid sustained USD buying](https://todaymarkets.ae/usd-cad-climbs-to-multi-week-top-closer-to-mid-1-3900s-amid-sustained-usd-buying/): The USD/CAD pair is seen building on this week’s recovery from the year-to-date low, around mid-1.3700s, and gaining positive traction for the third successive day on Friday. The momentum lifts spot prices close to the 1.3940-1.3945 region, or over a three-week high during the Asian session, and is sponsored by a modest US Dollar (USD) strength. In fact, the … - [Gold price recovers modest Asian session losses; climbs back above $3,300 mark](https://todaymarkets.ae/gold-price-recovers-modest-asian-session-losses-climbs-back-above-3300-mark/): Gold price (XAU/USD) reverses an Asian session dip to a multi-day low and climbs back above the $3,300 round-figure mark in the last hour, though the upside potential seems limited. Persistent geopolitical risks stemming from the Russia-Ukraine war, the escalation of tensions in the Middle East, and the India-Pakistan border act as a tailwind for the … - [AUD/USD holds gains near 0.6400 following Chinese trade data](https://todaymarkets.ae/aud-usd-holds-gains-near-0-6400-following-chinese-trade-data/): The AUD/USD pair recovers its daily losses, trading near 0.6400 during Friday’s Asian session, following China trade balance data. However, the Australian Dollar (AUD) remains under pressure due to stalled progress in US-China trade negotiations. Given the close economic ties between Australia and China, any pressure on the Chinese economy tends to weigh on the AUD. … - [USD/INR surges due to risk aversion triggered by escalating India-Pakistan tensions](https://todaymarkets.ae/usd-inr-surges-due-to-risk-aversion-triggered-by-escalating-india-pakistan-tensions/): The Indian Rupee (INR) loses ground against the US Dollar (USD), extending its losses for the fourth successive session on Friday. The USD/INR pair opened with a gap up following approximately 1% gain in the previous day. Traders will likely await India’s FX Reserves data due later in the day. The INR faces renewed pressure amid rising … - [WTI hovers near $60.00, upside appears due to easing trade tensions](https://todaymarkets.ae/wti-hovers-near-60-00-upside-appears-due-to-easing-trade-tensions/): West Texas Intermediate (WTI) crude Oil price edges lower during Asian trading hours on Friday, trading near $59.80 per barrel after posting a nearly 4% gain in the previous session. The rally was fueled by easing trade tensions between major Oil consumers—the United States (US) and China—and the announcement of a “breakthrough” trade deal between the US … - [Mexican Peso firms as inflation accelerates more than expected](https://todaymarkets.ae/mexican-peso-firms-as-inflation-accelerates-more-than-expected/): The Mexican Peso (MXN) swings between mild gains and losses against the US Dollar (USD) on Thursday, as markets digest stronger-than-expected Mexican inflation data alongside a cautious Federal Reserve and the upcoming US-China trade talks. At the time of writing, USD/MXN is down 0.26%, trading near 19.53 holding steady within a narrow range after failing to break … - [BoE Analysis](https://todaymarkets.ae/boe-analysis/): Trump’s trade deal derails BOE’s dovish stance The BOE may have cut rates by 25bps to 4.25%, as expected, however, there were plenty of surprises. The first surprise was the vote split, there was some expectation that it would be a 9-0 vote for a rate cut, instead it was a 5-4 3-way split. Catherine … - [Trump Token Surges 13%](https://todaymarkets.ae/trump-token-surges-13/): The Trump token price is up nearly 13% after the U.S. President announced he will soon sign a major “deal” with a key U.S. ally (though he did not reveal the name of the country). Trump Token (D1 Interval) The Trump token price is approaching the 50-day exponential moving average (EMA50), currently near $10.70. Source: xStation5 The … - [BoE Cuts Rate by 25bps as Expected](https://todaymarkets.ae/boe-cuts-rate-by-25bps-as-expected/): BoE Interest Rate Decision for May:  BoE MPC vote hike for May: BoE MPC vote unchanged for May:  BoE MPC vote cut for May: The ratio of votes to cut to maintain was 7:2, which is not in line with expectations, indicating a unanimous decision. The decision was postponed for 2 minutes due to the … - [Trade of The Day - Nasdaq 100](https://todaymarkets.ae/trade-of-the-day-nasdaq-100/): Facts Recommendation Long position on US100, at market price Opinion The US100 contract is breaking through the 20,100 point barrier on a wave of optimism around media reports about Trump repealing restrictive AI regulations. According to sources, the Trump administration does not intend to enforce the so-called AI diffusion regulation, which is to come into … - [Investing in Uranium - Nuclear Power The Energy Solution?](https://todaymarkets.ae/investing-in-uranium-nuclear-power-the-energy-solution/): Will robots be able to drive for us in the future? Will they be able to perform surgeries with a high level of precision? Will mobile phones, cars, or household appliances become increasingly advanced? Could artificial intelligence help us in our daily lives? All of these premises could help improve our future, but for them to … - [Nasdaq Futures Surges 1.3% Amid Reports to Unwind of U.S Curbs to AI Chips Export](https://todaymarkets.ae/nasdaq-futures-surges-1-3-amid-reports-to-unwind-of-u-s-curbs-to-ai-chips-export/): Nasdaq 100 (US100) futures are rising over 1.3%, breaking above 20,100 points amid optimism sparked by media reports suggesting Trump plans to repeal strict AI-related regulations introduced by the Biden administration.Nvidia shares are up nearly 2% in pre-market trading, approaching $120. The planned repeal, which is not yet finalized, would replace a Biden-era policy that classified countries … - [USD/CAD Remains confined in a multi-week-old range; not out of the woods yet](https://todaymarkets.ae/usd-cad-remains-confined-in-a-multi-week-old-range-not-out-of-the-woods-yet/): The USD/CAD pair attracts buyers for the second successive day on Thursday and recovers further from the year-to-date (YTD) low, around the mid-1.3700s touched earlier this week. The momentum lifts spot prices to the 1.3880-1.3885 region, or over a one-week high during the first half of the European session, and is sponsored by some follow-through US … - [EUR/GBP remains subdued around 0.8500 due to US-UK trade deal hopes, BoE decision in focus](https://todaymarkets.ae/eur-gbp-remains-subdued-around-0-8500-due-to-us-uk-trade-deal-hopes-boe-decision-in-focus/): EUR/GBP is extending losses for the fourth consecutive session, trading near 0.8500 in early European hours on Thursday. However, the currency cross is coming under pressure as the Pound Sterling (GBP) strengthens on speculation that the Trump administration may soon announce a trade agreement with the United Kingdom. According to “The New York Times”, citing … - [Economic Calendar - Central Banks in Focus](https://todaymarkets.ae/economic-calendar-central-banks-in-focus/): The Fed meeting is behind us, but it’s not the end of the central bank week. The Bank of England will announce its interest rate decision today, with markets expecting a 25 bp cut. This first rate cut since February is expected to respond to the economic slowdown risk arising from U.S. trade policy. Despite the … - [Markets Re-Cap](https://todaymarkets.ae/markets-re-cap/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [BoE expected to cut interest rate to 4.25% despite inflation remaining above objective](https://todaymarkets.ae/boe-expected-to-cut-interest-rate-to-4-25-despite-inflation-remaining-above-objective/): The Bank of England (BoE) will announce its latest monetary policy decision on Thursday in what marks its third rate-setting meeting of 2025. Markets widely expect the central bank to reduce its benchmark interest rate by 25 basis points to 4.25% after staying on the sidelines at its March 20 gathering. The Monetary Policy Committee’s … - [XAU/USD surrenders major part of intraday gains; downside potential seems limited](https://todaymarkets.ae/xau-usd-surrenders-major-part-of-intraday-gains-downside-potential-seems-limited/): Gold price (XAU/USD) attracts some sellers following an Asian session uptick to the $3,414-3,415 area and retreats to the lower end of its daily trading range in the last hour. The Federal Reserve’s (Fed) hawkish pause on Wednesday keeps a floor on the US Treasury bond yields and the US Dollar (USD), which, along with a positive … - [No Haste in Fed Rate Decision-making](https://todaymarkets.ae/no-haste-in-fed-rate-decision-making/): Fed in no hurry to change rates, as economic uncertainty remains elevated As meetings go, this Fed meeting was mundane. The Fed chair was careful to reinforce how uncertain the economic environment is, and he repeated the message that the Fed will remain on hold for the foreseeable. Fed chair Powell is happy with the … - [XAG/USD remains close to bullish flag hurdle near $33.20 area](https://todaymarkets.ae/xag-usd-remains-close-to-bullish-flag-hurdle-near-33-20-area/): Silver (XAG/USD) attracts fresh buying during the Asian session on Thursday and reverses a major part of the previous day’s retracement slide from over a one-week high. The white metal climbs to the $33.00 neighborhood in the last hour and seems poised to appreciate further. From a technical perspective, a descending channel on short-term charts … - [NZD/USD trades higher near 0.5950 ahead of potential US-China trade talks](https://todaymarkets.ae/nzd-usd-trades-higher-near-0-5950-ahead-of-potential-us-china-trade-talks/): The NZD/USD pair is trading near 0.5970 during Thursday’s Asian session, rebounding after a more than 1% decline in the previous session. The recovery is driven by optimism surrounding potential de-escalation in US-China trade tensions. US Treasury Secretary Scott Bessent is set to meet with China’s top economic official in Switzerland on Saturday in a bid … - [EUR/USD holds steady above 1.1300 amid softer USD; lacks bullish conviction](https://todaymarkets.ae/eur-usd-holds-steady-above-1-1300-amid-softer-usd-lacks-bullish-conviction/): The EUR/USD pair attracts some dip-buyers during the Asian session on Thursday and reverses a part of the overnight slide from the 1.1375-1.1380 resistance zone. Spot prices, however, remain confined in a familiar range held over the past week or so amid mixed cues and currently trade just above the 1.1300 mark. Friedrich Merz’s election as … - [Nat-Gas Prices Rally on Expectations of Increased US Nat-Gas Exports](https://todaymarkets.ae/nat-gas-prices-rally-on-expectations-of-increased-us-nat-gas-exports/): June Nymex natural gas (NGM25) on Wednesday closed up by +0.158 (+4.45%). June nat-gas prices settled sharply higher on Wednesday.  Nat-gas prices rallied on expectations that US nat-gas exports are set to increase after Houston’s Freeport LNG export facility restarted following a power disruption at the plant on Tuesday.  Increased exports would clear an inventory … - [Coffee Prices Retreat on Expectations of a Bumper Brazil Coffee Crop](https://todaymarkets.ae/coffee-prices-retreat-on-expectations-of-a-bumper-brazil-coffee-crop/): July arabica coffee (KCN25) Wednesday closed down -5.75 (-1.47%), and July ICE robusta coffee (RMN25) closed down -17 (-0.32%). Coffee prices on Wednesday settled moderately lower.  Coffee prices have been on the defensive since Tuesday when Conab, Brazil’s crop forecasting agency, raised its Brazil 2025 coffee production estimate to 55.7 million bags from a January … - [Ivory Coast Mid-Crop Concerns Underpin Cocoa Prices](https://todaymarkets.ae/ivory-coast-mid-crop-concerns-underpin-cocoa-prices/): July ICE NY cocoa (CCN25) Wednesday closed up +273 (+3.06%), and July ICE London cocoa #7 (CAN25) closed up +252 (+3.91%). Cocoa prices on Wednesday added to Tuesday’s sharp gains, with NY cocoa posting a 1-week high and London cocoa posting a 1-month high. Coffee prices rallied on auality concerns regarding the Ivory Coast mid-crop, … - [Sugar Prices Sink on Expectations of Larger Sugar Supplies](https://todaymarkets.ae/sugar-prices-sink-on-expectations-of-larger-sugar-supplies/): July NY world sugar #11 (SBN25) Wednesday closed down -0.31 (-1.78%), and August London ICE white sugar #5 (SWQ25) closed down -8.40 (-1.70%). Sugar prices on Wednesday posted moderate losses, with London sugar falling to a 3-1/2 month low on expectations of larger global sugar supplies. Last Friday, July NY sugar posted a 3-3/4 year … - [Cotton Closes Weaker on Wednesday](https://todaymarkets.ae/cotton-closes-weaker-on-wednesday/): Cotton futures closed the Wednesday session with contracts down 24 to 45 points as May rolled off the board at the close. Crude oil prices back down $1.14/barrels. The US dollar index is up $0.678 to $99.725. Later on Tuesday, China and the US agreed to a meeting in Geneva, Switzerland on Saturday. The meeting … - [Wheat Posts Losses](https://todaymarkets.ae/wheat-posts-losses/): Wheat futures fell lower into the close on Wednesday. Chicago SRW futures slipped back 1 to 2 cents into the final bell. Kansas City HRW futures posted weaker trade, with 7 to 9 cent losses on the day. Minneapolis spring wheat futures were down 7 to 8 cents at the close. The next 7 days … - [Soybeans Post Mixed Action as Nearbys Fail to Hold Early Gains](https://todaymarkets.ae/soybeans-post-mixed-action-as-nearbys-fail-to-hold-early-gains/): The soybean market closed the Wednesday session with mixed trade as front months were down 2 to 5 cents and new crop 2 to 4 cents higher. The cmdtyView Cash Bean price was down 1 ¾ cents to $9.87. Soymeal futures were up $1.90 to $2.80/ton, with Soy Oil futures down another 64 to 103 points. Later on Tuesday, China and … - [Corn Fail to Hold Early Strength](https://todaymarkets.ae/corn-fail-to-hold-early-strength/): Corn futures failed to hold the early gains on Wednesday, closing with contracts down 6 to 7 cents in the nearbys and new crop ½ cent lower. The nearby CmdtyView national average Cash Corn price was down 6 cents at $4.19 1/2.  EIA data showed a total of 1.02 million barrels per day of ethanol produced during … - [GBP/USD appreciates to near 1.3350, rebounds due to potential US-UK trade deal](https://todaymarkets.ae/gbp-usd-appreciates-to-near-1-3350-rebounds-due-to-potential-us-uk-trade-deal/): The GBP/USD pair rebounds from its recent losses, trading near 1.3340 during the Asian session on Thursday. The Pound Sterling (GBP) gains traction on speculation that the Trump administration may soon announce a trade agreement with the United Kingdom (UK). According to “The New York Times”, citing three sources familiar with the matter, US President Donald Trump … - [JPY remains on the front foot against a broadly weaker USD](https://todaymarkets.ae/jpy-remains-on-the-front-foot-against-a-broadly-weaker-usd/): The Japanese Yen (JPY) ticks higher against its American counterpart during the Asian session on Thursday and reverses a part of the previous day’s retracement slide from the weekly high. Minutes from the Bank of Japan’s (BoJ) March meeting indicated that the central bank remains ready to tighten further if economic and price outlooks hold. … - [Gold price sticks to intraday gains near $3,400 amid trade-related uncertainties](https://todaymarkets.ae/gold-price-sticks-to-intraday-gains-near-3400-amid-trade-related-uncertainties/): Gold price (XAU/USD) sticks to its strong intraday gains through the Asian session on Thursday and currently trades around the $3,400 round figure mark. US President Donald Trump tempered hopes for a quick resolution to the US-China trade war by saying that he is in no real hurry to sign any deals. This, along with … - [USD/INR extends gains due to Fed’s cautious policy outlook, India-Pakistan tensions](https://todaymarkets.ae/usd-inr-extends-gains-due-to-feds-cautious-policy-outlook-india-pakistan-tensions/): The Indian Rupee (INR) loses ground against the US Dollar (USD), extending its losses for the third successive session on Thursday. The USD/INR pair appreciates amid the Federal Reserve’s (Fed) cautious policy outlook. As expected, the Fed held interest rates steady at 4.25%–4.50%, but its statement acknowledged growing risks related to inflation and unemployment, injecting fresh uncertainty into markets.  The INR came under … - [USD/CAD trades with negative bias above 1.3800 amid uptick in Oil prices, weaker USD](https://todaymarkets.ae/usd-cad-trades-with-negative-bias-above-1-3800-amid-uptick-in-oil-prices-weaker-usd/): The USD/CAD pair fails to capitalize on the pervious day’s modest recovery move from the vicinity of the year-to-date low and meets with a fresh supply during the Asian session on Thursday. Spot prices, however, remain confined in a multi-week-old range and currently trade around the 1.3815 region, down 0.15% for the day. The US Dollar (USD) … - [WTI rises above $58.00, trade uncertainty caps gains](https://todaymarkets.ae/wti-rises-above-58-00-trade-uncertainty-caps-gains/): West Texas Intermediate (WTI) crude Oil price recovers some ground during Thursday’s Asian session, trading around $58.10 per barrel after recent losses. The rebound is supported by a decline in US crude inventories. According to the latest EIA Petroleum Status Report, US crude stockpiles fell by 2.032 million barrels in the week ending May 2. … - [U.S State Passes Reserve Bill, Fuelling Bitcoin to Breach $97k](https://todaymarkets.ae/u-s-state-passes-reserve-bill-fuelling-bitcoin-to-breach-97k/): Yesterday, in the second half of the day, New Hampshire made history as the first U.S. state to adopt a law allowing the creation of a Strategic Bitcoin Reserve. Following this announcement, Bitcoin surged from around 94,000 USD to 97,000 USD today. Investor enthusiasm is fueled by expectations of a domino effect and adoption of similar … - [Lack Lustre Gold Ahead of Fed Decision](https://todaymarkets.ae/lack-lustre-gold-ahead-of-fed-decision/): Today’s Federal Reserve decision is widely anticipated to deliver no surprises, with interest rates expected to remain on hold. The market is pricing in a mere single-digit percentage probability of a rate cut by the Fed at today’s meeting. Despite repeated calls for easing from Donald Trump, who has even floated the possibility of seeking … - [Weak Dollar Supports Cocoa Above The $9100 Level](https://todaymarkets.ae/weak-dollar-supports-cocoa-above-the-9100-level/): Cocoa futures (COCOA) are outperforming all other agricultural commodities traded on the ICE and CBOT exchanges today. After dipping below $9,000 per ton twice, bulls have reclaimed this key level, pushing prices toward $9,100 and testing recent local highs. The weak U.S. dollar continues to support upward momentum in the cocoa market, and improved weather … - [NATGAS up 4% Driven by Canadian Tariff Uncertainty And Sector Demand](https://todaymarkets.ae/natgas-up-4-driven-by-canadian-tariff-uncertainty-and-sector-demand/): Futures on US Henru Hub natural gas (NATGAS) are up more than 3% today, testing $3.60 level. The main goal for natural gas buyers is now recent, local high at $3.73 zone.  NATGAS Chart (H1) Technically, we can see that falling to $3.40 has ended in V-shape rebound. However, now buyers have to show strength … - [Friedrich Vorwerk (VH2.DE) Shares down 5% Despite Strong Q1 Report](https://todaymarkets.ae/friedrich-vorwerk-vh2-de-shares-down-5-despite-strong-q1-report/): Shares of German energy infrastructure specialist Friedrich Vorwerk (VH2.DE) are down nearly 5.5% today, ranking among the weakest performers on the German stock market. Since bottoming out in 2023, Friedrich Vorwerk’s shares have gained nearly 700%. However, the strong Q1 2025 results were insufficient to attract buyers, leading to a wave of profit-taking. The most important … - [Nomura Recommendation - USD/JPY](https://todaymarkets.ae/nomura-recommendation-usd-jpy/): Nomura has issued a recommendation for the USDJPY currency pair. Nomura recommends taking a short position on the pair with the following levels: Entry (market): 143.74Target: 138.00Stop: 145.50 Nomura recommends taking a short position on USDJPY at the market price with a target of 143.74 and a Stop Loss order at 145.50. Source: xStation5 The … - [Trade of The Day - CAD/JPY](https://todaymarkets.ae/trade-of-the-day-cad-jpy/): Recommendation: Trade: Short position on CADJPY at market priceTarget: 103.35, 103.10Stop: 104.20 Opinion: CADJPY has experienced a local upward correction recently. Looking at the H1 interval from a technical point of view, one can see that buyers managed to halt an upward move at key short-term resistance. Red area on the chart below near 104.00 is … - [Let's Talk Central Banks - BOE And The Fed](https://todaymarkets.ae/lets-talk-central-banks-boe-and-the-fed/): Central Bank watch: FOMC and BOE take centre stage There are multiple drivers of financial markets this week, including progress on trade talks, with a meeting scheduled between China and the US, suggesting that trade tensions between the world’s two largest economies are easing. This is helping the dollar to stage a mini comeback and … - [Gold Falls as progress in US-China trade talks offsets India-Pakistan conflict ](https://todaymarkets.ae/gold-falls-as-progress-in-us-china-trade-talks-offsets-india-pakistan-conflict/): Gold (XAU/USD) drops by more than 1% on Wednesday to $3,391 at the time of writing, ahead of the Federal Reserve (Fed) rate decision and after statements from both China and the United States (US) confirmed that trade talks will kick off this weekend. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will travel … - [AUD/USD Price Forecast: Falls toward ascending channel lower boundary near 0.6450](https://todaymarkets.ae/aud-usd-price-forecast-falls-toward-ascending-channel-lower-boundary-near-0-6450/): The AUD/USD pair breaks its three-day winning streak, trading around 0.6480 during the European hours on Wednesday. The technical analysis of the daily chart suggests a persistent bullish bias as the pair is moving upwards within the ascending channel pattern. The AUD/USD pair continues to hold above the nine-day Exponential Moving Average (EMA), suggesting the short-term price momentum … - [U.S - China Upcoming Talks Provide Positive Sentiment in European Markets](https://todaymarkets.ae/u-s-china-upcoming-talks-provide-positive-sentiment-to-european-markets/): European markets are showing mostly positive performance today. Austria’s AUT20 is leading the gains, up 0.88% to 4108. Italy’s ITA40 has risen 0.48% to 38071, while the Netherlands’ NED25 increased 0.43% to 892.40. Germany’s DE40 gained 0.33% to 23389.3, and the pan-European EU50 index climbed 0.29% to 5225.6. Switzerland’s SUI20 rose 0.15% to 12127, and … - [Chart of The Day - XAU - Gold](https://todaymarkets.ae/chart-of-the-day-xau-gold/): Gold prices retreated 1.12% to $3,391.56 an ounce on Wednesday, snapping a two-day advance as news of upcoming U.S.-China trade talks boosted risk appetite and dampened safe-haven demand. This pullback leaves the yellow metal more than $100 below its record high reached in April. Trade Talks Spark Risk Rally  U.S. Treasury Secretary Scott Bessent and … - [Economic Calendar - Construction PMI's, EU Retail Sales And Fed Decision in Focus](https://todaymarkets.ae/economic-calendar-construction-pmis-eu-retail-sales-and-fed-decision-in-focus/): Today’s economic calendar features European construction PMI data and retail sales figures, alongside several earnings reports from major U.S. companies. The Federal Reserve’s policy decision headlines the day, with markets anticipating no change to interest rates but keen focus on Chair Powell’s comments regarding inflation risks from tariffs and signs of economic cooling. Treasury Secretary … - [Gold price sticks to intraday losses; lacks follow-through amid geopolitical risks, ahead of FOMC](https://todaymarkets.ae/gold-price-sticks-to-intraday-losses-lacks-follow-through-amid-geopolitical-risks-ahead-of-fomc/): Gold price (XAU/USD) recovers slightly from the Asian session low, around the $3,360 area, though maintains its offered tone amid the latest optimism over the announcement of the US-China trade talks in Switzerland this week. Apart from this, some repositioning trades ahead of the key central bank event risk assists the US Dollar (USD) to gain some … - [German Factory Orders jump 3.6% MoM in March vs. 1.3% expected](https://todaymarkets.ae/german-factory-orders-jump-3-6-mom-in-march-vs-1-3-expected/): d by the Federal Statistics Office showed Friday that Germany’s Factory Orders jumped more than expected in March, suggesting that the country’s manufacturing sector has picked up momentum. Over the month, contracts for goods ‘Made in Germany’ rose 3.6% in March after reporting no growth in February. Data beat the estimates of 1.3%. Germany’s Industrial … - [EUR/USD Tests support around 1.1350, upside appears due to bullish bias](https://todaymarkets.ae/eur-usd-tests-support-around-1-1350-upside-appears-due-to-bullish-bias/): EUR/USD retraces its recent gains from the previous session, hovering near 1.1360 during Wednesday’s Asian session. Technical analysis on the daily chart continues to show a bullish bias, with the pair staying within an ascending channel pattern. The EUR/USD pair remains slightly above the nine-day Exponential Moving Average (EMA), signaling strong short-term bullish momentum. The 14-day Relative Strength … - [Asian markets rise on U.S.-China trade talk announcement ](https://todaymarkets.ae/asian-markets-rise-on-u-s-china-trade-talk-announcement/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [WTI advances to one-week high, closer to mid-$59.00s as traders eye US-China trade talks](https://todaymarkets.ae/wti-advances-to-one-week-high-closer-to-mid-59-00s-as-traders-eye-us-china-trade-talks/): West Texas Intermediate (WTI) US Crude Oil prices gain some follow-through positive traction on Wednesday and climb to a one-week high during the Asian session. The commodity currently trades around the $59.40 region, up over 1% for the day, and looks to build on this week’s bounce from the vicinity of the $55.00 psychological mark, … - [XAG/USD trades lower near $33.00 due to US-China trade talks](https://todaymarkets.ae/xag-usd-trades-lower-near-33-00-due-to-us-china-trade-talks/): Silver (XAG/USD) retreated on Wednesday during Asian trading hours, hovering around $33.00 per troy ounce after two consecutive days of gains. The decline comes as safe-haven demand weakens following news that US and Chinese officials will meet this week to discuss trade, raising hopes of de-escalation. In a notable development, US Treasury Secretary Scott Bessent … - [EUR/USD continues to muddle along ahead of key Fed showing](https://todaymarkets.ae/eur-usd-continues-to-muddle-along-ahead-of-key-fed-showing/): EUR/USD muddled through Tuesday’s market action, marking out a fresh near-term consolidation range near the 1.1300 major handle as Fiber traders wait for a reason to move. The Federal Reserve’s (Fed) midweek rate call is the key data event this week, keeping investor sentiment chained to its post for the time being. The Fed’s upcoming … - [AUD/USD rises above 0.6500 following domestic data, US-China trade talks eyed](https://todaymarkets.ae/aud-usd-rises-above-0-6500-following-domestic-data-us-china-trade-talks-eyed/): The AUD/USD pair continues its upward momentum for the fourth consecutive session, hovering around the 0.6510 mark during Wednesday’s Asian trading hours. The Australian Dollar (AUD) finds support from releasing domestic mid-tier economic data and improving global trade sentiment. In April, the AiG Industry Index rose by 5.1 points to -15 on a seasonally adjusted basis, signaling modest … - [Japanese Yen drifts lower as investors cheer US-China trade talks](https://todaymarkets.ae/japanese-yen-drifts-lower-as-investors-cheer-us-china-trade-talks/): The Japanese Yen (JPY) weakens across the board during the Asian session on Wednesday as the optimism over the US-China trade talks is seen undermining demand for traditional safe-haven assets. This comes on top of the uncertainty over the likely pace and timing of future rate hikes by the Bank of Japan (JPY), which is … - [NZD/USD moves away from over two-week high, slides back below 0.6000 mark](https://todaymarkets.ae/nzd-usd-moves-away-from-over-two-week-high-slides-back-below-0-6000-mark/): The NZD/USD pair retreats following an Asian session uptick to the 0.6020-0.6025 area, or over a two-week high, and for now, seems to have snapped a three-day winning streak. Spot prices slide back below the 0.6000 psychological mark, hitting a fresh daily low in the last hour amid a combination of negative factors. The global … - [USD/CAD advances to near 1.3800 despite improved risk sentiment, Fed decision awaited](https://todaymarkets.ae/usd-cad-advances-to-near-1-3800-despite-improved-risk-sentiment-fed-decision-awaited/): USD/CAD is recovering its losses registered in the previous session, trading around 1.3790 during the Asian hours on Wednesday. The US Dollar (USD) is gaining strength as investors adopt a cautious stance ahead of the Federal Reserve’s (Fed) interest rate decision due later in the North American session. While the Fed is widely expected to leave rates unchanged, market focus remains … - [USD/INR faces headwinds despite India-Pakistan tensions, RBI's intervention seems possible](https://todaymarkets.ae/usd-inr-faces-headwinds-despite-india-pakistan-tensions-rbis-intervention-seems-possible/): The Indian Rupee (INR) gains ground during Wednesday’s Asian trading session. The USD/INR pair depreciates as the INR gains ground despite rising geopolitical tensions between Indian and Pakistan. Dhiraj Nim, a currency expert at ANZ Bank, stated that the Reserve Bank of India (RBI) may take strong intervention measures today if market conditions turn highly volatile. India … - [Mild US Temps Curb Nat-Gas Demand and Undercut Prices](https://todaymarkets.ae/mild-us-temps-curb-nat-gas-demand-and-undercut-prices/): June Nymex natural gas (NGM25) on Tuesday closed down by -0.087 (-2.45%). June nat-gas prices settled moderately lower on Tuesday.  Nat-gas prices are under pressure as forecasts for mild temperatures across most of the US reduce demand for natural gas for running heat or air conditioning and allow inventories to rebuild. Last month, nat-has prices … - [Crude Prices Rally as Oversupply Fears Recede](https://todaymarkets.ae/crude-prices-rally-as-oversupply-fears-recede/): June WTI crude oil (CLM25) Tuesday closed up +1.96 (+3.43%), and June RBOB gasoline (RBM25) closed up +0.0417 (+2.06%). Crude oil and gasoline prices settled sharply higher on Tuesday.  Tuesday’s weaker dollar is bullish for energy prices.  Also, short covering emerged to push crude prices higher Tuesday on concern that US crude production is set … - [Arabica Coffee Settles Higher on Slack Brazil Rains](https://todaymarkets.ae/arabica-coffee-settles-higher-on-slack-brazil-rains/): July arabica coffee (KCN25) Tuesday closed up +1.60 (+0.41%), and July ICE robusta coffee (RMN25) closed down -35 (-0.66%). Coffee prices on Tuesday settled mixed.  Arabica coffee moved higher Tuesday on carryover support today from Monday on signs of lackluster rainfall in Brazil.  Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing area of … - [Cocoa Prices Sharply Higher as Dollar Weakness Spurs Short Covering](https://todaymarkets.ae/cocoa-prices-sharply-higher-as-dollar-weakness-spurs-short-covering/): July ICE NY cocoa (CCN25) Tuesday closed up +407 (+4.78%), and July ICE London cocoa #7 (CAN25) closed up +124 (+1.96%). Cocoa prices rallied sharply Tuesday as a decline in the dollar index (DXY00) prompted short covering in cocoa futures.   Signs that improved weather conditions in West Africa have benefited the cocoa crops in … - [NY Sugar Gives Up Early Gains as the Brazilian Real Falls](https://todaymarkets.ae/ny-sugar-gives-up-early-gains-as-the-brazilian-real-falls/): July NY world sugar #11 (SBN25) Tuesday closed down -0.03 (-0.17%), and August London ICE white sugar #5 (SWQ25) closed up +4.10 (+0.84%). Sugar prices on Tuesday fell from early highs and settled mixed.  Long liquidation in NY sugar futures emerged Tuesday after the Brazilian real (^USDBRL) fell to a 2-week low against the dollar. … - [Cotton Falls Back Lower on Tuesday](https://todaymarkets.ae/cotton-falls-back-lower-on-tuesday/): Cotton futures saw losses of 40 to 60 points across the front months on Tuesday. May expires on Wednesday. Crude oil prices are rallying back, up $1.96/barrel. The US dollar index was down $0.570 to $99.070. Crop Progress data showed 21% of the US cotton crop planted as of 5/4, faster than the 20% average … - [Wheat Bounces on Tuesday](https://todaymarkets.ae/wheat-bounces-on-tuesday/): The wheat complex held onto gains the closing bell on Tuesday. Chicago SRW futures posted 4 to 5 cent gains across the nearbys at the close. Kansas City HRW futures closed with contracts up 4 to 6 cents across most contracts on Tuesday. Minneapolis spring wheat futures were firm, up 1 to 2 cents. Rain … - [Corn Posts Mixed Trade ](https://todaymarkets.ae/corn-posts-mixed-trade/): The corn market closed with nearby contracts 1 to 2 cents higher on Tuesday, with new crop down 1 to 2 cents at the close. The nearby CmdtyView national average Cash Corn price was up 1 ¾ cents at $4.25 1/4.  Crop Progress data from Monday afternoon showed some eastern and central states lagging behind, with IL … - [Soybeans Continue Slide ](https://todaymarkets.ae/soybeans-continue-slide/): Soybeans saw some slight losses on Tuesday, with contracts down 3 to 4 cents in the front months. CmdtyView’s national front month Cash Bean price was down 4 cents at $9.89 3/4. Soymeal futures were steady to down $2.60/ton, with Soy Oil futures down another 3 to 39 points. Soybean planting was pegged at 30% complete as of Sunday per USDA, … - [Commodities - Oil, Natgas, Gold And Cocoa](https://todaymarkets.ae/commodities-oil-natgas-gold-and-cocoa/): Oil Recently, WTI long positions saw a modest rebound, yet prices remain under heavy pressure. Source: Bloomberg Finance LP, XTB U.S. oil inventories remain well below the 5-year average and last year’s levels. However, the market may be near a seasonal inventory peak. Source: Bloomberg Finance LP, XTB Natural Gas The table displays HDD and CDD values and deviations from average and … - [DAX40 Moves Lower After Testing New Highs Meanwhile, Zalonda Jumps on Strong Earnings](https://todaymarkets.ae/dax40-moves-lower-after-testing-new-highs-meanwhile-zalonda-jumps-on-strong-earnings/): European markets are broadly negative today. Poland’s W20 is showing the steepest decline, down 2.47% to 2690.6. Germany’s DE40 has fallen 1.08% to 23212.6, while the pan-European EU50 index dropped 0.64% to 5215.6. France’s FRA40 decreased 0.52% to 7651.4, and both Austria’s AUT20 and the UK’s UK100 declined 0.39% to 4049 and 8594.0 respectively. Italy’s … - [UK Equity Markets on a High Amid Multiple Corporate Announcements](https://todaymarkets.ae/uk-equity-markets-on-a-high-amid-multiple-corporate-announcements/): The focus for UK equity markets this week is domestic, after several corporate announcements overshadowed tariffs, and other international risks. The focus this morning is on BP, the UK oil major. Shell announced at the weekend that it was reviewing the merits of making a bid for BP. The prospect of Shell bidding for BP … - [EUR/USD Gives Back Gains on Euro-Zone Services PMI's](https://todaymarkets.ae/eur-usd-gives-back-gains-on-euro-zone-services-pmis/): 09:45 AM GMT, Italy – PMI Data for April: 09:50 AM GMT, France – PMI Data for April: 09:55 AM GMT, Germany – PMI Data for April: 10:00 AM GMT, Euro Zone – PMI Data for April: April’s PMI data reveals a mixed Eurozone economic picture with notable regional divergence. Italy emerges as the standout performer with strong expansion in both services (52.9) and composite (52.1) indices, while France remains in … - [Oil Rebounds 2% From Two Year Lows](https://todaymarkets.ae/oil-rebounds-2-from-two-year-lows/): Brent Crude oil prices (OIL) are rising over 2% today, rebounding from four-year lows. The recent declines were driven by fears of market oversupply after OPEC countries, including Saudi Arabia, decided over the weekend — for the second consecutive time — to increase production. Today’s upward move likely reflects bargain hunting, as technical indicators suggested … - [XRP downside risks persist as Ripple sunsets eight-year quarterly report](https://todaymarkets.ae/xrp-downside-risks-persist-as-ripple-sunsets-eight-year-quarterly-report/): Ripple (XRP) price is in a slow pullback, trading at $2.11 at the time of writing on Tuesday. Recovery has remained elusive above immediate hurdles, such as the extended descending trendline from January. On the downside, support at $2.00 is crucial and could determine the short-term future of the XRP price.  Meanwhile, Ripple has announced … - [France Q3 GDP Growth Beats Estimates](https://todaymarkets.ae/france-q3-gdp-growth-beats-estimates/): The French economy grew 0.5% quarter-on-quarter in Q3 2025, accelerating from 0.3% in Q2 and strongly surpassing market forecasts of 0.1%, according to preliminary estimates. It was the fastest quarterly expansion since Q2 2023. On a year-on-year basis, GDP rose 0.9%, stronger than the revised 0.7% growth in Q2, marking the fastest annual pace in … - [Indian Equities Slip from 13-Month High](https://todaymarkets.ae/indian-equities-slip-from-13-month-high/): The BSE Sensex fell 377 points, or 0.4%, to 84,617 in morning trade on Thursday, pulling back from a 13-month high reached a day earlier, as traders assessed the Fed’s decision to cut rates by 25 bps while signaling a pause on further reductions this year. Caution also prevailed as traders awaited the outcome of … - [Palm Oil Stabilizes After Four-Day Drop](https://todaymarkets.ae/palm-oil-stabilizes-after-four-day-drop/): Malaysian palm oil futures hovered around MYR 4,250 per tonne after a four-day decline, as traders weighed mixed global and local signals. U.S. President Trump and Chinese President Xi Jinping concluded an approximately 90-minute meeting in Busan, South Korea, on trade and tariff issues, though no concrete details were released. Trump said the U.S. could … - [New Zealand Stocks Extend Gains](https://todaymarkets.ae/new-zealand-stocks-extend-gains/): New Zealand’s benchmark S&P/NZX 50 index rose 0.4% to close at 13,459 on Thursday, extending gains to reach its highest level in nearly three weeks. The local market tracked gains in most Asian equities after the US Federal Reserve delivered a widely expected 25bps rate cut. However, Fed Chair Jerome Powell said that this may … - [Copper Holds Near 3-Month High](https://todaymarkets.ae/copper-holds-near-3-month-high/): Copper futures hovered around $5.15 per pound on Thursday, staying close to three-month highs as investors digested developments from the meeting between US President Donald Trump and Chinese President Xi Jinping. Trump agreed to cut fentanyl tariffs on China by half to 10%, while adding that Beijing pledged to pause rare earth export restrictions for … - [Brent Slips as US-China Talks Conclude](https://todaymarkets.ae/brent-slips-as-us-china-talks-conclude/): Brent crude oil futures fell toward $64 per barrel on Thursday, giving up gains from the previous session, as the Trump–Xi summit concluded progress on several trade issues but left energy discussions off the table. While developments in trade talks offered some relief for global growth outlook, the absence of energy issues left markets uncertain … - [Gold’s Wild Ride: 120% Surge, 9% Drop, and What Comes Next](https://todaymarkets.ae/golds-wild-ride-120-surge-9-drop-and-what-comes-next/) - [Cotton Rallies](https://todaymarkets.ae/cotton-rallies/): Cotton futures were up 91 to 96 points higher across most contracts on Wednesday. Crude oil futures were up 21 cents/barrel to $60.36, with the US dollar index back up $0.502 to $98.955.  There was some optimism ahead of the Trump/Xi meeting later this evening into Thursday in South Korea. The Tuesday online auction from The … - [Sugar Prices Recover on Brazilian Real Strength](https://todaymarkets.ae/sugar-prices-recover-on-brazilian-real-strength/): March NY world sugar #11 (SBH26) on Wednesday closed up +0.05 (+0.35%), and December London ICE white sugar #5 (SWZ25) closed up +0.60 (+0.14%). Sugar prices shook off early losses and turned higher on Wednesday as short covering emerged due to strength in the Brazilian real (^USDBRL).  The real rallied to a 2.5-week high against … - [Coffee Prices Supported by Shrinking ICE Inventories](https://todaymarkets.ae/coffee-prices-supported-by-shrinking-ice-inventories/): December arabica coffee (KCZ25) on Wednesday closed up +2.80 (+0.72%), and January ICE robusta coffee (RMF26) closed up +145 (+3.25%). Coffee prices settled higher on Wednesday.  Coffee prices are supported by shrinking ICE coffee inventories.  The 50% tariffs imposed on US imports from Brazil have led to a sharp drawdown in ICE coffee inventories.  ICE-monitored … - [Cocoa Prices Rebound as ICE Inventories Dwindle](https://todaymarkets.ae/cocoa-prices-rebound-as-ice-inventories-dwindle/): December ICE NY cocoa (CCZ25) on Wednesday closed up +42 (+0.70%), and December ICE London cocoa #7 (CAZ25) closed up +62 (+1.46%). Cocoa prices recovered from 1-week lows on Wednesday and moved higher as ICE inventories continue to shrink.  ICE-monitored cocoa inventories held in US ports fell to a 7-month low of 1,837,670 bags on … - [EUR/JPY surges above 177.50 following BoJ interest rate decision, ECB policy eyed](https://todaymarkets.ae/eur-jpy-surges-above-177-50-following-boj-interest-rate-decision-ecb-policy-eyed/): EUR/JPY gains ground after two days of losses, trading around 177.50 during the Asian hours on Thursday. The currency cross receives support as the Japanese Yen (JPY) faces challenges after the Bank of Japan (BoJ) decided to keep the short-term interest rate target unchanged in the range of 0.4%- 0.5% in October. The BoJ decision came in … - [Japanese Yen remains on the back foot](https://todaymarkets.ae/japanese-yen-remains-on-the-back-foot/): The Japanese Yen (JPY) attracts some intraday sellers on Thursday after the Bank of Japan (BoJ) decided to maintain the status quo, though it lacks follow-through. Traders seem reluctant to place aggressive bets and opt to wait for more cues about a rate hike in December or early next year amid expectations that Japan’s new … - [XAG/USD struggles near mid-$47.00s amid mixed technical signals](https://todaymarkets.ae/xag-usd-struggles-near-mid-47-00s-amid-mixed-technical-signals/): Silver (XAG/USD) struggles to find acceptance above the $48.00 round figure and attracts some sellers during the Asian session on Thursday. The white metal, however, manages to hold comfortably above its lowest level since September 25, touched on Tuesday, and currently trades just below mid-$47.00s, down 0.20% for the day. From a technical perspective, this week’s … - [EUR/USD rises to near 1.1630 as US Dollar corrects after Trump-Xi meeting](https://todaymarkets.ae/eur-usd-rises-to-near-1-1630-as-us-dollar-corrects-after-trump-xi-meeting/): The EUR/USD pair trades 0.25% higher to near 1.1630 during the late Asian trading session on Thursday. The major currency pair attracts bids as the US Dollar (USD) corrects after United States (US) President Donald Trump and Chinese leader Xi Jinping concluded the meeting without signing a trade deal. During the press time, the US … - [WTI treads water above $60.00 before US-China trade deal updates](https://todaymarkets.ae/wti-treads-water-above-60-00-before-us-china-trade-deal-updates/): West Texas Intermediate (WTI) Oil price inches lower after modest gains in the previous session, trading around $60.10 per barrel during the Asian hours on Thursday. Crude Oil prices move little as traders stay cautious following the conclusion of the United States (US)-China meeting. US President Donald Trump and Chinese President Xi Jinping held a … - [Australian Dollar holds gains following Trump-Xi meeting](https://todaymarkets.ae/australian-dollar-holds-gains-following-trump-xi-meeting/): AUD/USD gains ground after recovering its recent losses registered in the previous session, trading around 0.6590 during the Asian hours on Thursday. The Australian Dollar (AUD) holds ground against the US Dollar (USD) following the highly anticipated meeting between US President Donald Trump and China’s President Xi Jinping in South Korea. Any shift in China’s economic … - [USD/INR gains at open despite US Dollar faces pressure](https://todaymarkets.ae/usd-inr-gains-at-open-despite-us-dollar-faces-pressure/): The Indian Rupee (INR) opens close to Wednesday’s low around 88.60 against the US Dollar (USD) on Thursday. The USD/INR pair holds onto the previous day’s gains even as the US Dollar trades lower At the time of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades lower to near … - [Gold gains traction amid USD weakness and reviving safe-haven demand](https://todaymarkets.ae/gold-gains-traction-amid-usd-weakness-and-reviving-safe-haven-demand/): Gold (XAU/USD) attracts some buyers during the Asian session on Thursday and now seems to have snapped a four-day losing streak. The US Dollar (USD) struggles to capitalize on the previous day’s post-FOMC gains to an over two-week high and drifts lower amid concerns about economic risks stemming from a prolonged US government shutdown. This, … - [Hong Kong Shares Trade Notably Higher After Fed, HKMA Moves](https://todaymarkets.ae/hong-kong-shares-trade-notably-higher-after-fed-hkma-moves/): Hong Kong stocks rose 145 points, or 0.6%, to 26,487 on Thursday morning trade, reversing modest losses from the previous session as trading resumed after Wednesday’s holiday. Gains were mainly led by financial and consumer sectors, amid slight rises in U.S. futures following the Fed’s 25bps rate cut overnight, with the Hong Kong Monetary Authority … - [Won Rises on Seoul–Washington Tariff Deal](https://todaymarkets.ae/won-rises-on-seoul-washington-tariff-deal/): The South Korean won appreciated to around 1,421 per dollar on Thursday, its highest level in two weeks, supported by growing market optimism following the finalization of the Seoul–Washington tariff deal. According to Kim Yong-beom, the presidential chief of staff for policy, the investment package will include $200 billion in cash installments and $150 billion … - [South Korean Shares Hit Record High on Trade Deal, Sector Gains](https://todaymarkets.ae/south-korean-shares-hit-record-high-on-trade-deal-sector-gains/): The benchmark KOSPI rose 1.1% to around 4,125 on Thursday, breaking through record highs, supported by optimism over the newly agreed Korea-US trade and investment pact and solid corporate earnings. Seoul and Washington reached terms on a USD 350 billion investment package during the APEC summit, including a USD 200 billion in cash-based funding and … - [Yuan Holds Near 1-Year High on Trump-Xi Meeting](https://todaymarkets.ae/yuan-holds-near-1-year-high-on-trump-xi-meeting/): The offshore yuan traded around 7.09 per dollar on Thursday, holding near a one-year high as market sentiment remained upbeat on the back of the meeting between Presidents Donald Trump and Xi Jinping. The encounter marked the first between the two leaders since Trump’s return to office in January, with the pair exchanging handshakes on … - [Japan 10-Year Yield Climbs After BOJ Decision](https://todaymarkets.ae/japan-10-year-yield-climbs-after-boj-decision/): Japan’s 10-year government bond yield rose 2 basis points to 1.66% on Thursday after the Bank of Japan kept its policy rate unchanged at 0.5%, as widely expected. The decision was passed by a 7-2 vote, with board members Naoki Tamura and Hajime Takata again advocating a hike to 0.75%, repeating their stance from September. … - [US Futures Rise After Trump-Xi Meeting](https://todaymarkets.ae/us-futures-rise-after-trump-xi-meeting/): US stock futures climbed on Thursday after President Donald Trump met with Chinese President Xi Jinping in South Korea. Trump said the US and China will maintain a strong relationship for a long time, while Xi called on both nations to stay on the right path to ensure stability. Meanwhile, investors digested mixed earnings from … - [Fed's Powell: Another cut in December is far from assured](https://todaymarkets.ae/feds-powell-another-cut-in-december-is-far-from-assured/): Chief Powell’s press conference takeaways Data available suggests the outlook for employment and inflation has not changed much since the September meeting. Prior to shutdown, data showed the economy may be on a firmer trajectory. Shutdown will weigh on economic activity while it persists and should reverse when it ends. Labour demand has clearly softened. … - [EUR/USD slides as Fed delivers rate cut, signals end of QT](https://todaymarkets.ae/eur-usd-slides-as-fed-delivers-rate-cut-signals-end-of-qt/): EUR/USD seesawed within the 1.1650-1.1635 range on Wednesday as the Federal Reserve (Fed) cut rates by 25 basis points, as expected, yet there were two dissenters at the meeting. At the time of writing, the pair trades volatile, as traders await the Fed Chair Jerome Powell’s press conference. Dollar swings as traders await Powell’s tone for clues on future … - [Boeing After Earnings 777X Delayed Again](https://todaymarkets.ae/boeing-after-earnings-777x-delayed-again/): Boeing is one of the largest aerospace and defense corporations in the world. The company designs and manufactures passenger and military aircraft, and also provides service and technical support to operators worldwide. The latest report disappointed investors, but without signs of a sentiment collapse. The improvement in results is worse than expected, but does not … - [Alphabet Q3 Earnings Preview](https://todaymarkets.ae/alphabet-q3-earnings-preview/): Alphabet is set to release its third-quarter 2025 earnings after market close. What can we expect from the tech giant, and will the AI-driven rally continue? Today’s report will be one of the most important tests for the market, showing whether Alphabet’s record investments in AI and Google Cloud translate into real revenue and profit growth. … - [Sharp Drop in U.S. Oil Inventories](https://todaymarkets.ae/sharp-drop-in-u-s-oil-inventories/): 03:30 PM BST, United States – EIA Data: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by … - [XAU/USD snaps three-day losing streak as Fed’s policy takes centre stage](https://todaymarkets.ae/xau-usd-snaps-three-day-losing-streak-as-feds-policy-takes-centre-stage/): Gold price (XAU/USD) snaps its three-day losing streak, trading 1.70% higher to near $4,020 during the European trading session on Wednesday. The precious metal bounces back ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT. According to the CME FedWatch tool, traders have priced in a 25-basis-point (bps) interest rate reduction by … - [Nvidia Nears $5 Trillion Valuation](https://todaymarkets.ae/nvidia-nears-5-trillion-valuation/): Nvidia has recorded an impressive surge in market value, approaching the $5 trillion mark and solidifying its position among the world’s most valuable companies. In recent days, the company’s stock has risen by around 5 percent, significantly boosting its capitalization and reaffirming its dominance in the global artificial intelligence sector. Investors’ attention has been drawn to … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-6/): AUDUSD gains 0.25% on the back of Australia’s strongest CPI inflation data in over a year, which reduces the likelihood of further rate cuts. Hawkish expectations toward the Reserve Bank of Australia (RBA), coupled with a broader risk-on sentiment and renewed optimism over a potential U.S.-China trade peace, are making the Australian dollar the best-performing G10 … - [Microsoft Preview - What to Expect From Q3 Earnings](https://todaymarkets.ae/microsoft-preview-what-to-expect-from-q3-earnings/): Microsoft is one of the pillars of the global digital economy and a brand that permeates almost every aspect of software. The company’s financial results often become a barometer of demand for technology and investments in data infrastructure and artificial intelligence. Today, after the stock market closes in the United States, the company will present … - [European Gas Steadies as Supply Risks Rise](https://todaymarkets.ae/european-gas-steadies-as-supply-risks-rise/): European natural gas futures hovered near €32 per megawatt-hour, returning to their recent trading range as investors balanced strong storage levels against signs of tightening supply and rising demand. Shipments of liquefied natural gas to Europe have slowed in recent days, while Norwegian pipeline flows have dipped due to maintenance work, reviving concerns about short-term … - [FTSE 100 Rises for 8th Session](https://todaymarkets.ae/ftse-100-rises-for-8th-session/): The FTSE 100 traded higher at record levels on Wednesday, extending its winning streak to eight sessions, driven by gains in miners and upbeat corporate updates. GSK climbed over 4% after reporting stronger-than-expected Q3 profit and revenue, while raising its full-year forecasts for earnings, turnover, and operating profit. The company now expects core EPS growth … - [Paris Stocks Edge Lower on Corporate Updates and Fed Caution](https://todaymarkets.ae/paris-stocks-edge-lower-on-corporate-updates-and-fed-caution/): The CAC 40 edged down 0.1% to 8,210 on Wednesday, hovering near a one-week low as investors digested a fresh batch of corporate earnings. Shares of French manufacturer Bic plunged over 9% after the company cut its 2025 forecasts for sales, operating margin, and cash flow growth, citing weaker-than-expected third-quarter performance. Sopra Steria slipped 1% … - [DAX Stays Cautious](https://todaymarkets.ae/dax-stays-cautious/): Germany’s DAX traded near the flatline around 24,280 on Wednesday, mirroring a cautious mood across European markets. Traders looked ahead to the outcome of the Fed’s policy meeting and eyed a flurry of corporate earnings from both sides of the Atlantic, with US big tech in focus. Attention was also on Thursday’s highly anticipated Trump-Xi … - [UK Consumer Credit Growth at 4-Month Low](https://todaymarkets.ae/uk-consumer-credit-growth-at-4-month-low/): Net borrowing of consumer credit by individuals in the UK was at £1.49 billion in September 2025, the lowest level since May, down from an upwardly revised £1.75 billion in August. Net borrowing through other forms of consumer credit, such as car dealership finance and personal loans, decreased to £0.8 billion in September, from £1.0 … - [Korean Won Strengthens on Trade Deal Signal](https://todaymarkets.ae/korean-won-strengthens-on-trade-deal-signal/): The South Korean won appreciated to 1,425 per USD, extending the rebound from the over six-month low of 1,440 touched on October 24th amid the stronger outlook for Korean export industries under signals of new trade deal with the US. US President Trump announced a likely new trade deal with Korea after meeting with President … - [S&P, Nasdaq Futures Rise on AI Optimism](https://todaymarkets.ae/sp-nasdaq-futures-rise-on-ai-optimism/): Futures tracking the S&P 500 and Nasdaq 100 climbed on Wednesday as enthusiasm over artificial intelligence continued to lift market sentiment. Nvidia shares jumped more than 8% in Asian trading on the Blue Ocean platform, pointing to further gains on Wall Street after US President Donald Trump said he plans to discuss the company’s Blackwell … - [China Drops EVs from Strategic Industry List in New 5-Year Plan](https://todaymarkets.ae/china-drops-evs-from-strategic-industry-list-in-new-5-year-plan/): Beijing has excluded electric vehicles from its list of strategic industries in the 2026–2030 five-year development plan, marking their first omission in over a decade as the sector struggles with oversupply. New energy vehicles (NEVs), including EVs, plug-in hybrids, and fuel cell cars, had been classified as strategic emerging industries in the previous three plans … - [Soybean Closes Off the Highs, After Rallying to 15 Month High](https://todaymarkets.ae/soybean-closes-off-the-highs-after-rallying-to-15-month-high/): Soybeans posted 4 ¾ to 11 ¼ cent gains across the board on Tuesday, as contracts fell off the intraday highs. The cmdtyView national average Cash Bean price is 11 3/4 cents higher at $10.10 1/2. Soymeal futures are up $6.20 to $8.50, with Soy Oil futures 16 to 51 points lower.  Optimism continues ahead of the Trump/Xi meeting this week, … - [Wheat Extends Gains](https://todaymarkets.ae/wheat-extends-gains/): The wheat complex closed higher across the three exchanges on Tuesday. CBT soft red wheat posted 3 to 5 1/2 cent gains on the session. KC HRW futures were 5 1/2 to 6 1/4 cents in the green on Tuesday. MPLS spring wheat futures saw 1 1/2 to 2 1/2 cent gains at the close. … - [Trade Deals Likely to Fuel Demand for U.S. Corn](https://todaymarkets.ae/trade-deals-likely-to-fuel-demand-for-u-s-corn/): Looking at the charts below, I see market action in corn futures trending higher.  An increase in corn demand from Southeast Asian countries is likely this year. The Office of the United States Trade Representative reports that “This week, President Trump signed Agreements on Reciprocal Trade with Malaysia and Cambodia and reached Frameworks for Agreements … - [Sugar Prices Extend Sell-Off to Lowest Levels in More Than 4 Years](https://todaymarkets.ae/sugar-prices-extend-sell-off-to-lowest-levels-in-more-than-4-years/): March NY world sugar #11 (SBH26) on Tuesday closed down -0.09 (-0.62%), and December London ICE white sugar #5 (SWZ25) closed down -5.10 (-1.21%). Sugar prices on Tuesday extended this month’s plunge, with NY sugar falling to a new 4.75-year nearest-futures low and London sugar falling to a new 4.25-year nearest-futures low.   Sugar prices … - [NY Coffee Prices Post 2-week Low on Forecasts for Rain in Brazil](https://todaymarkets.ae/ny-coffee-prices-post-2-week-low-on-forecasts-for-rain-in-brazil/): December arabica coffee (KCZ25) on Tuesday closed down -2.20 (-0.56%), and November ICE robusta coffee (RMX25) closed down -1 (-0.02%). NY coffee prices on Tuesday extended the plunge from last Thursday’s 8.5-month nearest-futures high to post a new 2-week low.  Coffee prices are being undercut by forecasts for rain this week in key coffee-growing areas … - [Cocoa Prices Fall on Favorable West Africa Growing Conditions](https://todaymarkets.ae/cocoa-prices-fall-on-favorable-west-africa-growing-conditions-2/): December ICE NY cocoa (CCZ25) on Tuesday closed down -180 (-2.91%), and December ICE London cocoa #7 (CAZ25) closed down -113 (-2.58%). Cocoa prices on Tuesday extended Monday’s sell-off amid expectations of a global cocoa surplus driven by favorable West African weather and harvests.  Weather forecaster Vaisala on Monday forecasted scattered showers in the coming … - [Australian Shares Fall After Hot Inflation Data](https://todaymarkets.ae/australian-shares-fall-after-hot-inflation-data/): The S&P/ASX 200 dropped 0.8% to around 8,940 on Wednesday, hitting a two-week low, as faster-than-expected inflation data strengthened bets that the Reserve Bank of Australia will keep rates on hold for longer. The latest figures reinforced the central bank’s view that inflation remains sticky, with the monthly CPI rising 3.5% year-on-year in September 2025, … - [Oil Holds 3-Day Decline](https://todaymarkets.ae/oil-holds-3-day-decline/): WTI crude oil futures traded around $60 per barrel on Wednesday, holding a three-day decline as investors continued to weigh the impact of US sanctions on Russia and persistent oversupply concerns. Last week, Washington blacklisted Rosneft and Lukoil, Russia’s largest oil producers, prompting traders to closely monitor potential fallout. Indian refiners paused new Russian oil … - [China Stocks Rise Ahead of Xi-Trump Meeting](https://todaymarkets.ae/china-stocks-rise-ahead-of-xi-trump-meeting/): The Shanghai Composite rose 0.1% to above 3,990 while the Shenzhen Component gained 0.7% to 13,520 on Wednesday, recouping losses from the previous session s investors awaited the highly anticipated meeting between Chinese President Xi Jinping and US President Donald Trump. The two leaders are expected to finalize a framework that could halt planned US … - [South Korean Won Slips Amid APEC Summit](https://todaymarkets.ae/south-korean-won-slips-amid-apec-summit/): The South Korean won weakened to around 1,433 per dollar on Wednesday, extending losses for the second session as investors remained cautious amid the APEC summit talks in Gyeongju. Authorities maintain a neutral assessment of the prospects for progress, stating that the administration is “neither optimistic nor pessimistic”. Discussions are expected to concentrate on the … - [South Korean Shares Climb on SK Hynix, Wall Street Rally](https://todaymarkets.ae/south-korean-shares-climb-on-sk-hynix-wall-street-rally/): The benchmark KOSPI climbed 1.4% to around 4,065 on Wednesday, hitting new record highs, supported by strong gains in technology shares and positive sentiment from Wall Street. SK Hynix posted record third-quarter earnings, with operating profit surpassing KRW 11 trillion, driven by robust global demand for high-bandwidth memory used in AI data centers. As a … - [US 10-Year Yield Muted Ahead of Fed Decision](https://todaymarkets.ae/us-10-year-yield-muted-ahead-of-fed-decision/): The yield on the US 10-year Treasury note was little changed around 3.98% on Wednesday as investors awaited the Federal Reserve’s policy decision, with markets widely expecting a quarter-point rate cut. Traders will focus on comments from Chair Jerome Powell for signals on the pace of future easing, with another reduction in December already priced … - [Japan 10-Year Yield Rises Ahead of BOJ Decision](https://todaymarkets.ae/japan-10-year-yield-rises-ahead-of-boj-decision/): Japan’s 10-year government bond yield rose 2 basis points to 1.65% on Wednesday as investors positioned for the Bank of Japan’s policy decision this week, where rates are expected to remain unchanged. Still, policymakers are set to discuss conditions for resuming rate hikes as tariff-related risks ease, though persistent inflation continues to complicate the outlook. … - [Australia 10-Year Yield Climbs After Hot CPI Data](https://todaymarkets.ae/australia-10-year-yield-climbs-after-hot-cpi-data/): Australia’s 10-year bond yield climbed to 4.22%, the highest level in two weeks, after hotter-than-expected inflation reading dampened hopes of an imminent interest-rate cut. Annual inflation rose to a more than one-year high of 3.5% in September from 3% in August, surpassing the 3.1% forecast and moving further above the Reserve Bank’s 2-3% target range. … - [Offshore Yuan Hovers Near 1-Year High](https://todaymarkets.ae/offshore-yuan-hovers-near-1-year-high/): The offshore yuan traded around 7.09 per dollar on Wednesday, hovering near a one-year high as optimism persisted ahead of the highly anticipated meeting between Presidents Donald Trump and Xi Jinping. Trump indicated that he expects to reduce fentanyl-related tariffs on China ahead of the meeting in South Korea later this week, following reports that … - [Palm Oil Plunges to 12-Week Low](https://todaymarkets.ae/palm-oil-plunges-to-12-week-low/): Malaysian palm oil futures tumbled around 1.7% to below MYR 4,250 per tonne, extending losses for the fourth consecutive session and reaching their lowest level since early August. The steep decline was driven by a stronger ringgit and weakness in rival vegetable oils traded in Dalian and Chicago markets. At the same time, demand prospects … - [EUR/USD softens below 1.1650 ahead of Fed rate decision](https://todaymarkets.ae/eur-usd-softens-below-1-1650-ahead-of-fed-rate-decision/): The EUR/USD pair loses ground to near 1.1635 during the Asian trading hours on Wednesday. Optimism surrounding US-China trade deals weighs on the riskier currency, like the Euro (EUR) against the US Dollar (USD). Traders brace for the Federal Reserve (Fed) interest rate decision later on Wednesday. On Thursday, the attention will shift to the European Central Bank … - [NZD/USD sits near three-week top; stays below 0.5800 amid modest USD uptick, ahead of Fed](https://todaymarkets.ae/nzd-usd-sits-near-three-week-top-stays-below-0-5800-amid-modest-usd-uptick-ahead-of-fed/): The NZD/USD pair touches a nearly three-week high during the Asian session on Wednesday, though it lacks follow-through buying and remains below the 0.5800 round figure. The fundamental backdrop, however, seems tilted in favor of bulls and backs the case for an case for an extension of the recent goodish recovery move from the 0.5730-0.5725 region, … - [Australian Dollar holds gains as domestic inflation rises in Q3](https://todaymarkets.ae/australian-dollar-holds-gains-as-domestic-inflation-rises-in-q3/): The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday following the release of Australia’s Consumer Price Index (CPI) data. Additionally, the AUD/USD pair receives support from decreasing bets on rate cuts by the Reserve Bank of Australia (RBA). Australia’s Consumer Price Index rose 1.3% quarter-over-quarter (QoQ) in the third quarter (Q3), compared … - [Gold recovers further from three-week low as traders await FOMC rate decision](https://todaymarkets.ae/gold-recovers-further-from-three-week-low-as-traders-await-fomc-rate-decision/): Gold (XAU/USD) attracts some buyers following an Asian session dip to the $3,917-3,916 area and moves further away from an over three-week low, touched the previous day. The commodity, for now, seems to have stalled its corrective pullback from the all-time peak, through any meaningful upside seems elusive as traders might opt to wait for the … - [GBP/USD falls to near 1.3250 due to increased BoE rate cut bets, Fed policy awaited](https://todaymarkets.ae/gbp-usd-falls-to-near-1-3250-due-to-increased-boe-rate-cut-bets-fed-policy-awaited/): GBP/USD loses ground for the second successive session, trading around 1.3250 during the Asian hours on Wednesday. The pair weakens as the Pound Sterling (GBP) declines following data from the British Retail Consortium (BRC) showing UK food prices falling at the fastest pace in nearly five years, strengthening expectations of upcoming Bank of England (BoE) … - [USD/CAD holds losses below 1.3950 ahead of policy decisions from Fed, BoC](https://todaymarkets.ae/usd-cad-holds-losses-below-1-3950-ahead-of-policy-decisions-from-fed-boc/): USD/CAD extends its losses for the third successive day, trading around 1.3940 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) remains subdued ahead of the US Federal Reserve (Fed) policy decision due later in the day. The Fed is widely expected to lower interest rates by another quarter point, bringing the benchmark rate to … - [AUD/JPY gathers strength above 100.00 on hot Australian CPI inflation data](https://todaymarkets.ae/aud-jpy-gathers-strength-above-100-00-on-hot-australian-cpi-inflation-data/): The AUD/JPY cross trades in positive territory near 100.30 during the Asian trading hours on Wednesday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) on the hotter-than-expected Australian inflation data. The Bank of Japan (BoJ) interest rate decision will take center stage later on Thursday.  Data released by the Australian Bureau of Statistics … - [Japanese Yen retreats from one-week high against USD; focus remains on Fed/BoJ decisions](https://todaymarkets.ae/japanese-yen-retreats-from-one-week-high-against-usd-focus-remains-on-fed-boj-decisions/): The Japanese Yen (JPY) attracts strong follow-through buyers for the second straight day and climbs to a one-week high against a softer US Dollar (USD) during the Asian session on Wednesday. Comments from Japan’s Economics Minister Minoru Kiuchi on Tuesday fueled speculations about a possible government intervention to stem further JPY weakness. Moreover, the outcome … - [UnitedHealth Group Q3 2025 Results](https://todaymarkets.ae/unitedhealth-group-q3-2025-results/): UnitedHealth Group once again confirmed its leading position in the health insurance and medical services sector, delivering results well above market expectations. Despite cost pressures and regulatory changes, the company continues to maintain stable growth and high profitability.   Financial Results In Q3 2025, UnitedHealth generated revenues of USD 113.2 billion, representing a 12 percent … - [PayPal - Double Digit Gains on Earnings](https://todaymarkets.ae/paypal-double-digit-gains-on-earnings/):  PayPal ends the earnings season with a spectacular increase. One of the world’s largest payment service providers has published its results and boasted about its collaboration with OpenAI. The company’s valuation is rising by over 10% in today’s session.The company showcased its results for the third quarter of 2025 and published forecasts for the upcoming … - [Trade of The Day - USDIDX](https://todaymarkets.ae/trade-of-the-day-usdidx/): Facts: Recommendation: Short position at market price Opinion: The U.S. dollar reacted as expected at the upper boundary of its multi-week consolidation channel. The market is now fully pricing in a 25 bps rate cut at the upcoming (October) meeting and another 25 bps cut at the end of the year (December). Furthermore, in his October 14th statement, Fed Chair Jerome Powell said that the quantitative tightening (QT) program could be concluded … - [Chart of The Day - WHEAT](https://todaymarkets.ae/chart-of-the-day-wheat/): Wheat prices got a short-lived lift this week on market chatter that China was sniffing around for U.S. wheat shipments — possibly one lot of white wheat. The rumor alone was enough to send futures higher, though analysts quickly questioned its credibility. So far, no official confirmation has surfaced, and with the USDA unable to issue “flash sales” reports during … - [Gold Plumets Another 2%](https://todaymarkets.ae/gold-plumets-another-2/): Current Correction on Gold Exceeds 11%, $3,900 Is Tested The decline in gold prices continued today, with the scale of the correction now surpassing the pullbacks seen in April and May this year. The current correction level is comparable to the 2022 decline, though that downward move was stretched over many months. The current sell-off, … - [OPEC+ to Raise Production in The Next Meeting](https://todaymarkets.ae/opec-to-raise-production-in-the-next-meeting/): Brent crude (OIL) futures are once again bouncing off resistance around $65.50 per barrel following media reports that OPEC+ plans another, albeit modest, production increase at its upcoming meeting on Sunday, November 2. According to the latest Bloomberg report citing two delegates from the cartel, OPEC+ intends to vote on raising production by an additional 137,000 … - [AUD/JPY Price Forecast: Crucial upside barrier emerges near 100.00](https://todaymarkets.ae/aud-jpy-price-forecast-crucial-upside-barrier-emerges-near-100-00/): The AUD/JPY cross slumps to around 99.55 during the early European session on Tuesday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) after US President Donald Trump and Japan’s Prime Minister Sanae Takaichi on Tuesday signed a framework for securing the supply of critical minerals and rare earths.  The Australian Consumer Price … - [USD/INR rises further despite US Dollar underperforms](https://todaymarkets.ae/usd-inr-rises-further-despite-us-dollar-underperforms/): The Indian Rupee (INR) extends its downside against the US Dollar (USD) at open on Tuesday. The USD/INR jumps to near 88.60 as the Indian Rupee underperforms due to a recovery move in the Oil price seen in the past week. On the New York Mercantile Exchange (NYMEX), West Texas Intermediate (WTI) Crude Oil holds onto weekly … - [US Dollar Index Tests lower ascending channel boundary around 98.50](https://todaymarkets.ae/us-dollar-index-tests-lower-ascending-channel-boundary-around-98-50/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second consecutive day and trading around 98.60 during the Asian hours on Tuesday. The technical analysis of the daily chart shows the dollar index testing the lower boundary of the ascending … - [GBP/JPY slides below 203.00 as JPY gains strong traction on intervention speculation](https://todaymarkets.ae/gbp-jpy-slides-below-203-00-as-jpy-gains-strong-traction-on-intervention-speculation/): The GBP/JPY cross attracts some selling during the Asian session on Tuesday and for now, seems to have snapped a three-day winning streak to the 204.25 region, or a nearly three-week high touched the previous day. Spot prices slide below the 203.00 mark in the last hour and seem vulnerable amid a goodish pickup in … - [GBP/USD gathers strength above 1.3350 on Fed rate cut hopes](https://todaymarkets.ae/gbp-usd-gathers-strength-above-1-3350-on-fed-rate-cut-hopes/): The GBP/USD pair gains ground to near 1.3365 during the early European session on Tuesday. The US Dollar (USD) weakens against the Pound Sterling (GBP) amid the expectation that the Federal Reserve (Fed) will cut interest rates in the monetary policy announcement on Wednesday. The recent softer-than-expected US Consumer Price Index (CPI) inflation data released on Friday has … - [EUR/USD extends winning streak as US Dollar falls further ahead of Fed’s monetary policy](https://todaymarkets.ae/eur-usd-extends-winning-streak-as-us-dollar-falls-further-ahead-of-feds-monetary-policy/): The EUR/USD extends its winning streak for the fifth trading day on Tuesday. The major currency pair posts a fresh weekly high near 1.1670 as the US Dollar (USD) underperforms its peers ahead of the monetary policy announcement by the Federal Reserve (Fed) on Wednesday. US Dollar Price Today The table below shows the percentage change of US Dollar … - [South Korean Won Slips Amid Diplomatic Caution](https://todaymarkets.ae/south-korean-won-slips-amid-diplomatic-caution/): The South Korean won fell to around 1,436 per dollar on Tuesday, reversing gains from the previous session as traders turned cautious before US President Donald Trump’s meetings with Asian leaders. In Tokyo, Trump and Japan’s Prime Minister Sanae Takaichi signed a framework deal to strengthen cooperation on rare-earth and critical-mineral supply chains, while markets … - [Palm Oil Slides for 3rd Session, Notches 4-Week Low](https://todaymarkets.ae/palm-oil-slides-for-3rd-session-notches-4-week-low/): Malaysian palm oil futures fell below MYR 4,350 per tonne on Tuesday, extending losses for the third straight session to hit a four-week low. The bearish momentum was driven by weaker Dalian and Chicago edible oil markets and a stronger ringgit. Meanwhile, export estimates softened, with October 1–25 shipments down between 0.3–0.4% month-on-month, according to … - [EU Passenger Car Registrations Rise 10% in September](https://todaymarkets.ae/eu-passenger-car-registrations-rise-10-in-september/): Passenger car registrations in the European Union increased by 10.0% year-on-year to 888,672 units in September 2025, following a 5.3% rise in August. This marked the third consecutive month of growth, driven mainly by the launch of new models. All four of the EU’s largest markets recorded gains: Spain (16.4%), Germany (12.8%), Italy (4.2%), and … - [Soybeans Rally to 4 Month High as Trade Tensions Ease](https://todaymarkets.ae/soybeans-rally-to-4-month-high-as-trade-tensions-ease/): Soybeans rallied for 22 to 25 ½ cent gains across most contracts on Monday following better trade news from the weekend. The cmdtyView national average Cash Bean price was 25 3/4 cents higher at $9.99 1/2. Soymeal futures were up $4.10 to $6.70, with Soy Oil futures 29 to 54 points higher.  This morning’s Export Inspections report showed a total of … - [Corn Holds Rally](https://todaymarkets.ae/corn-holds-rally/): Corn futures were 5 to 8 7 to 10 cents higher across most contracts to start the week. The CmdtyView national average Cash Corn price was up 5 1/2 cents to $3.88 ¼. Export Inspections data showed 1.187 MMT (46.75 mbu) of corn shipped in the week that ended on October 23, which was a drop of … - [Cattle Collapse Extends with Spec Longs Heading for the Exits](https://todaymarkets.ae/cattle-collapse-extends-with-spec-longs-heading-for-the-exits/): Both live cattle ($10.75) and feeder cattle ($13.75) used their expanded limits on Monday, as spec longs want out and the door is only so big. They will be expended again on Tuesday. Live cattle futures bounced off the limit into the close, but still settled with $4.97 to $9.82 losses across the board. Cash … - [Cotton Holds onto Gains Amid Cooling Trade Tensions](https://todaymarkets.ae/cotton-holds-onto-gains-amid-cooling-trade-tensions/): Cotton futures closed the Monday session coming down from the overnight highs, but still with 30 to 36 point gains at the final bell. Crude oil futures were up a nickel/barrel to $61.55, with the US dollar index down $0.021 to $98.750. US and Chinese negotiators had constructive discussions over the weekend in Malaysia, come out … - [Sugar Prices Plunge to Lowest Levels in More Than 4 Years](https://todaymarkets.ae/sugar-prices-plunge-to-lowest-levels-in-more-than-4-years/): March NY world sugar #11 (SBH26) on Monday closed down -0.51 (-3.41%), and December London ICE white sugar #5 (SWZ25) closed down -9.10 (-2.11%). Sugar prices on Monday extended last Friday’s sell-off, with NY sugar falling to a new 4.5-year low and London sugar falling to a new 4.25-year low.   Sugar prices have been … - [NY Coffee Prices Sell Off Sharply on Possible US-Brazil Trade Thaw](https://todaymarkets.ae/ny-coffee-prices-sell-off-sharply-on-possible-us-brazil-trade-thaw/): December arabica coffee (KCZ25) on Monday closed down -12.90 (-3.20%), and November ICE robusta coffee (RMX25) closed down -134 (-2.93%). Coffee prices on Monday extended the sharp declines seen late last week after arabica coffee last Thursday posted an 8.75-month nearest-futures high and robusta posted a 2-month high. Coffee prices fell on hopes for relief … - [Cocoa Prices Fall on Favorable West Africa Growing Conditions](https://todaymarkets.ae/cocoa-prices-fall-on-favorable-west-africa-growing-conditions/): December ICE NY cocoa (CCZ25) on Monday closed down -137 (-2.17%), and December ICE London cocoa #7 (CAZ25) closed down -146 (-3.23%). Cocoa prices closed sharply lower on Monday amid expectations of a global cocoa surplus driven by favorable West African weather and harvests.    Chocolate maker Mondelez recently said that the latest cocoa pod … - [NZD/USD climbs to three-week high, eyes 0.5800 amid trade optimism and softer USD](https://todaymarkets.ae/nzd-usd-climbs-to-three-week-high-eyes-0-5800-amid-trade-optimism-and-softer-usd/): The NZD/USD pair prolongs its recent recovery move from the 0.5685-0.5680 region, or the lowest level since April, touched last week, and climbs to a nearly three-week high during the Asian session on Tuesday. Spot prices currently trade around the 0.5780 zone, up over 0.20% for the day, and seem poised to appreciate further amid … - [EUR/JPY weakens to near 177.50 as US, Japan sign deal to secure rare earths supply](https://todaymarkets.ae/eur-jpy-weakens-to-near-177-50-as-us-japan-sign-deal-to-secure-rare-earths-supply/): The EUR/JPY cross loses ground to near 177.60, snapping the five-day winning streak during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) after US President Donald Trump and Japan’s Prime Minister Sanae Takaichi signed a framework for securing the supply of critical minerals and rare earths. The Bank of Japan … - [RBA Warns Market Optimism Risks Instability:Governor Bullock](https://todaymarkets.ae/rba-warns-market-optimism-risks-instabilitygovernor-bullock/): Reserve Bank of Australia Governor Michele Bullock cautioned that a sudden reversal in global market optimism could trigger financial instability and hasten interest rate cuts. Speaking at the Australian Business Economists annual event in Sydney on Monday, she said investors seemed overly complacent despite economic and geopolitical risks. “People are thinking: well, you know, could … - [Hong Kong Equities Snap 3-Day Advance](https://todaymarkets.ae/hong-kong-equities-snap-3-day-advance/): Shares in Hong Kong slipped 52 points, or 0.2%, to 26,386 in early trading on Tuesday, ending a three-day winning streak amid a pullback mainly in consumer stocks. Investor sentiment softened as mainland stocks pulled back from decade highs, ahead of official October PMI data due later this week. Questions also emerged over the durability … - [India Plans to Raise Foreign Investment Limit in State Banks to 49%](https://todaymarkets.ae/india-plans-to-raise-foreign-investment-limit-in-state-banks-to-49/): India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double the current limit, a person directly involved in the policy discussions told Reuters. The finance ministry has been consulting with the Reserve Bank of India (RBI), the country’s banking sector regulator, over the past few months, the … - [South Korean Shares Fall Ahead of Trump's Asia Meetings](https://todaymarkets.ae/south-korean-shares-fall-ahead-of-trumps-asia-meetings/): The benchmark KOSPI fell 1.0% to around 4,002 on Tuesday, retreating from a record high in the previous session, as investors turned cautious ahead of key diplomatic meetings by US President Donald Trump in Asia. Markets awaited the outcome of Trump’s talks with Japan’s Prime Minister Sanae Takaichi and China’s President Xi Jinping later in … - [China Stocks Slip as Trade Talks Eyed](https://todaymarkets.ae/china-stocks-slip-as-trade-talks-eyed/): The Shanghai Composite slipped 0.15% to around 3,990 while the Shenzhen Component edged down 0.1% to 13,476 on Tuesday, as mainland shares pulled back slightly from ten-year highs amid profit-taking ahead of the closely watched meeting between President Xi Jinping and US President Donald Trump. China and the US have agreed on a framework for … - [US 10-Year Yield Steadies Ahead of Fed Meeting](https://todaymarkets.ae/us-10-year-yield-steadies-ahead-of-fed-meeting/): The yield on the US 10-year Treasury note steadied around 3.98% on Tuesday after a volatile start to the week, as investors looked ahead to the Federal Reserve’s highly-anticipated policy meeting. The central bank is widely expected to cut interest rates by 25 basis points on Wednesday following cooler-than-expected September inflation released last week. Markets … - [Offshore Yuan Nears Six-Week High](https://todaymarkets.ae/offshore-yuan-nears-six-week-high/): The offshore yuan strengthened to around 7.10 per dollar on Tuesday, approaching its highest level in six weeks, supported by optimism over a potential US–China trade deal. Over the weekend, top economic officials from both countries finalized a framework for President Trump and Chinese leader Xi Jinping to decide on during their meeting in South … - [Japan 10-Year Yield Falls as BOJ Meeting Looms](https://todaymarkets.ae/japan-10-year-yield-falls-as-boj-meeting-looms/): Japan’s 10-year government bond yield fell to around 1.64% on Tuesday, nearing one-week lows as investors awaited the Bank of Japan’s policy meeting, where the central bank is widely expected to keep interest rates unchanged. However, policymakers are expected to discuss conditions for resuming rate hikes as tariff-related risks subside. Markets also focused on the … - [China 10-Year Yield Hits 8-Week Low](https://todaymarkets.ae/china-10-year-yield-hits-8-week-low/): China’s 10-year government bond yield dropped below 1.75% on Tuesday, reaching its lowest level since early September, after the People’s Bank of China prepared to resume sovereign bond trading after a months-long hiatus. The central bank had halted operations in January amid high demand for haven assets, which previously pushed yields to record lows, but … - [US Dollar Index softens below 99.00 as Fed poised to cut rates ](https://todaymarkets.ae/us-dollar-index-softens-below-99-00-as-fed-poised-to-cut-rates/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a softer note around 98.70 during the early Asian session on Tuesday. The DXY edges lower on the prospect of a US interest rate cut. The Federal Reserve (Fed) interest rate decision will take center stage on … - [Will US stocks outperform Europe this summer?](https://todaymarkets.ae/will-us-stocks-outperform-europe-this-summer/): The environment for risk has taken a step forward this week. First there was the UK trade deal, then China and the US scaling back tariffs, then on Tuesday the US/ Saudi Arabia investment deals that will drive demand for US AI technology. The news flow is incrementally positive, even if the price action is … - [Cattle Post Mixed Trade on Tuesday](https://todaymarkets.ae/cattle-post-mixed-trade-on-tuesday/): Live cattle futures rounded out Tuesday with contracts holding steady, and the nearbys within a nickel of unchanged. Cash trade settled in last week $218-220 in the South, with northern action at $225-228. Feeder cattle futures closed out the Tuesday session with contracts down a nickel to 40 cents. The CME Feeder Cattle Index was … - [Sugar Prices Supported by Strength in Crude Oil and the Brazilian Real](https://todaymarkets.ae/sugar-prices-supported-by-strength-in-crude-oil-and-the-brazilian-real/): July NY world sugar #11 (SBN25) Tuesday closed up +0.52 (+2.94%), and August London ICE white sugar #5 (SWQ25) closed up +14.80 (+2.99%). Sugar prices settled sharply higher on Tuesday, with NY sugar posting a 5-week high and London sugar posting a 2-week high.  Tuesday’s +2% rally in WTI crude oil (CLM25) to a 2-week … - [Cocoa Prices Sharply Higher on Ivory Coast Mid-Crop Concerns](https://todaymarkets.ae/cocoa-prices-sharply-higher-on-ivory-coast-mid-crop-concerns/): July ICE NY cocoa (CCN25) Tuesday closed up +861 (+9.47%), and July ICE London cocoa #7 (CAN25) closed up +421 (+6.33%). Cocoa prices rallied sharply Tuesday and posted 2-1/2 month highs.  Cocoa prices surged on quality concerns regarding the Ivory Coast cocoa mid-crop, which is currently being harvested.  Cocoa processors are complaining about the crop’s … - [Coffee Prices Close Higher on Brazilian Real Strength and Reduced Brazil Coffee Exports](https://todaymarkets.ae/coffee-prices-close-higher-on-brazilian-real-strength-and-reduced-brazil-coffee-exports/): July arabica coffee (KCN25) Tuesday closed up +3.40 (+0.91%), and July ICE robusta coffee (RMN25) closed up +77 (+1.52%). Coffee prices on Tuesday recovered from early losses and settled higher as a rally in the Brazilian real (^USDBRL) to a 5-week high sparked short covering in coffee futures.  The stronger real discourages export selling from … - [EUR/JPY: Bullish outlook remains in play near 164.50](https://todaymarkets.ae/eur-jpy-bullish-outlook-remains-in-play-near-164-50/): The EUR/JPY cross attracts some sellers to around 164.40 during the early European session on Wednesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid the prospects for further policy normalization by the Bank of Japan (BoJ). The German Harmonized Index of Consumer Prices (HICP) data for April will be in the spotlight later on … - [Crude Sharply Higher on Dollar Weakness and Additional US Sanctions on Iranian Oil](https://todaymarkets.ae/crude-sharply-higher-on-dollar-weakness-and-additional-us-sanctions-on-iranian-oil/): June WTI crude oil (CLM25) Tuesday closed up +1.72 (+2.78%), and June RBOB gasoline (RBM25) closed up +0.0329 (+1.54%). Crude oil and gasoline prices Tuesday settled sharply higher, with crude posting a 2-week high and gasoline posting a 6-week high.  Dollar weakness Tuesday supported energy prices as did a rally in stocks, which showed confidence … - [Nat-Gas Prices Steady on Mild US Spring Temps](https://todaymarkets.ae/nat-gas-prices-steady-on-mild-us-spring-temps/): June Nymex natural gas (NGM25) on Tuesday closed up by +0.001 (+0.03%). June nat-gas prices on Tuesday settled little changed.  Nat-gas prices had some negative carryover from Monday when prices fell on the outlook for near-normal US temperatures to reduce electricity demand for air conditioning.  On Monday, forecaster Atmospheric G2 said warm temperatures initially forecast … - [Economic Calendar - German And Spanish CPI Data in Focus](https://todaymarkets.ae/economic-calendar-german-and-spanish-cpi-data-in-focus/): Today’s macroeconomic calendar is relatively light. From the U.S., there are no scheduled data releases likely to impact global financial markets. However, investors will be watching comments from several Federal Reserve officials, including Waller and Jefferson. Earlier in the day, inflation reports will be published in Europe, specifically from Spain and Germany. Analyst expectations point … - [Asia-Pacific regions experiencing a mixed sessions](https://todaymarkets.ae/asia-pacific-regions-experiencing-a-mixed-sessions/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [AUD/JPY trades with modest losses above 95.00, remains close to two-month top set on Tuesday](https://todaymarkets.ae/aud-jpy-trades-with-modest-losses-above-95-00-remains-close-to-two-month-top-set-on-tuesday/): The AUD/JPY cross attracts some sellers during the Asian session on Wednesday, and for now, it seems to have snapped a two-day winning streak to the 95.65 area, or a nearly two-month high touched the previous day. Spot prices currently trade around the 95.15 region, down nearly 0.30% for the day amid a broadly stronger … - [USD/CHF breaks below 0.8400, downside appears limited due to dovish SNB policy outlook](https://todaymarkets.ae/usd-chf-breaks-below-0-8400-downside-appears-limited-due-to-dovish-snb-policy-outlook/): The USD/CHF pair continues to lose ground for the second consecutive day, trading near 0.8390 during Wednesday’s Asian session. Downside risks appear limited, as growing expectations of further monetary easing by the Swiss National Bank (SNB) weaken the Swiss Franc (CHF). Last week, SNB Chairman Martin Schlegel reaffirmed the central bank’s readiness to intervene in the currency market and … - [Bitcoin, Ethereum, Ripple: BTC eyes $105K breakout, ETH holds key support, XRP targets $3](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eyes-105k-breakout-eth-holds-key-support-xrp-targets-3/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continue to show strength as the broader crypto market sustains its bullish momentum. BTC is testing a critical resistance level that could mark a fresh push toward record highs, while ETH remains supported by a key level, signaling potential for upward continuation. Meanwhile, XRP flirts with a major resistance zone, … - [USD/INR drifts lower as tensions between India and Pakistan ease](https://todaymarkets.ae/usd-inr-drifts-lower-as-tensions-between-india-and-pakistan-ease/): The Indian Rupee (INR) gathers strength on Wednesday on the back of the US-China trade agreement and a ceasefire agreement between India and Pakistan. Analysts said that any fresh developments on the geopolitical front are likely to significantly influence the INR’s trajectory in the near term. The renewed Foreign Portfolio Investors (FPI) inflows into debt … - [WTI extends the rally above $63.00 on easing trade tensions](https://todaymarkets.ae/wti-extends-the-rally-above-63-00-on-easing-trade-tensions/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.25 during the Asian trading hours on Wednesday. The WTI price extends its upside amid easing trade tensions between the United States (US) and China, which prompt traders to dial back odds of a recession.  The US and China agreed over the weekend in Switzerland to slash … - [EUR/USD strengthens to near 1.1200 as risk appetite returns](https://todaymarkets.ae/eur-usd-strengthens-to-near-1-1200-as-risk-appetite-returns/): The EUR/USD pair gains ground to around 1.1195 during the Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) after the cooler-than-expected US April inflation data. Traders await the German Harmonized Index of Consumer Prices (HICP) data for April for fresh impetus, which is due later on Wednesday.  Inflation in the United States (US), as … - [AUD holds gains as US Dollar struggles due to improved risk sentiment](https://todaymarkets.ae/aud-holds-gains-as-us-dollar-struggles-due-to-improved-risk-sentiment/): The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Wednesday after registering more than 1.50% gains in the previous session. The AUD/USD pair strengthened as the US Dollar weakened following softer-than-expected US inflation data. Australia’s seasonally adjusted Wage Price Index rose by 3.4% year-over-year in Q1 2025, up from a 3.2% increase in … - [XAG/USD slides back closer to mid-$31.00s; down nearly 1% for the day](https://todaymarkets.ae/xag-usd-slides-back-closer-to-mid-31-00s-down-nearly-1-for-the-day/): Silver (XAG/USD) extends the previous day’s retracement slide from the $33.20-$33.25 resistance zone and attracts some follow-through selling during the Asian session on Wednesday. The white metal drops to a fresh daily low, around the $31.60 area in the last hour, though the mixed technical setup warrants caution before positioning for deeper losses. Against the … - [JPY builds on steady intraday ascent and drags USD/JPY to 147.00 mark](https://todaymarkets.ae/jpy-builds-on-steady-intraday-ascent-and-drags-usd-jpy-to-147-00-mark/): The Japanese Yen (JPY) remains on the front foot against its American counterpart for the second straight day on Wednesday and drags the USD/JPY pair to the 147.00 neighborhood during the Asian session. The Bank of Japan (BoJ) Deputy Governor Shinichi Uchida’s hawkish comments on Tuesday keep the door open for further policy normalization and … - [NZD/USD advances to near 0.5950 as US Dollar weakens on soft inflation data](https://todaymarkets.ae/nzd-usd-advances-to-near-0-5950-as-us-dollar-weakens-on-soft-inflation-data/): The NZD/USD pair advanced for the second consecutive session, hovering around 0.5940 during Wednesday’s Asian trading hours. The pair strengthened as the US Dollar (USD) came under pressure following softer-than-expected US inflation figures. Market participants now await the release of the US Producer Price Index (PPI) and the University of Michigan’s Consumer Sentiment Survey, both scheduled for later this week. … - [GBP/USD maintains position above 1.3300 after strong gains, focus turns to key UK, US data](https://todaymarkets.ae/gbp-usd-maintains-position-above-1-3300-after-strong-gains-focus-turns-to-key-uk-us-data/): GBP/USD is trading around 1.3300 during Wednesday’s Asian session, stabilizing after posting over 1% gains in the previous session. However, the pair’s upside may be capped as the British Pound (GBP) faces headwinds from cooling employment and moderating wage growth in the UK, factors that could reinforce expectations for further interest rate cuts by the … - [Gold price bears flirt with 200-period EMA pivotal support on H4 amid US-China trade optimism](https://todaymarkets.ae/gold-price-bears-flirt-with-200-period-ema-pivotal-support-on-h4-amid-us-china-trade-optimism/): Gold price (XAU/USD) struggles to capitalize on the previous day’s modest uptick and attracts fresh sellers during the Asian session on Wednesday. The latest optimism over the de-escalation of a potentially damaging trade war between the US and China – the world’s two largest economies – remains supportive of a generally positive tone around the equity … - [Let's Talk Oil, Natgas, Cocoa And Wheat](https://todaymarkets.ae/lets-talk-oil-natgas-cocoa-and-wheat/): Oil: The oil market remains exceptionally tight in the short term, illustrated by significant backwardation. Source: Bloomberg Finance LP, XTB. Crude oil prices have bounced approximately 13% from their May 5 low. The price recently broke above the 25-period moving average and is heading toward the 50-period moving average. However, reaching this level before the … - [Trade of The Day - USD/CHF](https://todaymarkets.ae/trade-of-the-day-usd-chf/): Recommendation: Trade: Long USDCHF at market priceTargets: 0.8464, 0.8495Stop: 0.8385 Opinion:Looking at the USDCHF chart, one can see a potential upward trend resumption. The recent downward correction reached the key support at 0.8403. The aforementioned support is a result of a lower limit of 1:1 structure, as well as 23.6% Fibonacci retracement of the recent upward … - [Coinbase to Enter The S&P500' Shares Gain 9%](https://todaymarkets.ae/coinbase-to-enter-the-sp500-shares-gain-9/): Shares of Coinbase (COIN.US), one of the largest cryptocurrency exchanges, are gaining over 9% before the opening of today’s session after it was announced that the company will join the S&P500 index, which brings together the largest companies listed on Wall Street from May 19 this year, replacing Discover Financial Services (DFS.US). This information is of … - [USD/CAD steadies above 1.3950 due to trade optimism, expects a rise in US inflation](https://todaymarkets.ae/usd-cad-steadies-above-1-3950-due-to-trade-optimism-expects-a-rise-in-us-inflation/): USD/CAD is aiming for its fifth straight daily gain, hovering near 1.3970 during Tuesday’s European session. However, the pair faced some resistance as the US Dollar (USD) softened ahead of the highly anticipated US Consumer Price Index (CPI) report for April, due later in the North American session. Market expectations suggest a rebound in headline CPI to … - [Markets Take a Breather After Yesterday's Events](https://todaymarkets.ae/markets-take-a-breather-after-yesterdays-events/): Stock markets are on pause this morning, after strong gains at the start of this week. Stocks in Europe have edged lower this morning and US equity market futures are also pointing to a weaker open. The Hang Seng is down more than 1.7%, which is a sign that residual trade concerns may limit investor … - [EUR/GBP remains above 0.8400 following UK Jobs data, ZEW Economic Sentiment Surveys eyed](https://todaymarkets.ae/eur-gbp-remains-above-0-8400-following-uk-jobs-data-zew-economic-sentiment-surveys-eyed/): EUR/GBP halts its six-day losing streak, trading around 0.8420 during the early European hours on Tuesday. The currency cross holds ground following the release of mixed employment data from the United Kingdom (UK). Later in the day, traders will focus on the ZEW Economic Sentiment surveys for May from both Germany and the broader Eurozone, which provide … - [Chart of The Day - Nasdaq 100](https://todaymarkets.ae/chart-of-the-day-nasdaq-100/): The Nasdaq 100 index retreated 0.5% to 20,824 points on Tuesday, cooling after Monday’s explosive 4.4% rally as investors awaited key inflation data and reassessed the US-China trade truce. Trade Truce Optimism Fades After Monday’s Rally Investors adopted a more cautious stance toward the 90-day tariff reduction agreement that slashes US duties on Chinese imports … - [Corn Pulls Back to Close Mixed Despite Bill Friendly USDA Data](https://todaymarkets.ae/corn-pulls-back-to-close-mixed-despite-bill-friendly-usda-data/): Corn futures fell back from the higher post-USDA report trade on Monday, with nearbys slipping 1 to 2 cents. New crop contracts were 3 to 4 cents in the green at the close. The nearby CmdtyView national average Cash Corn price was down 1 1/2 cents at $4.19 1/2.  Crop Progress data from this afternoon showed the … - [Wheat futures falls lower across the three exchanges](https://todaymarkets.ae/wheat-futures-falls-lower-across-the-three-exchanges/): Wheat futures fell lower across the three exchanges on Monday, pressured by less than bullish USDA data.  Chicago SRW futures were 6 to 7 cents in the red on the Monday session.  Kansas City HRW futures were facing pressure with contracts closing with 9 to 10 cent losses. Minneapolis spring wheat futures closed the Monday … - [Cotton Holds onto Gains](https://todaymarkets.ae/cotton-holds-onto-gains/): Cotton futures fell back from the early session high, but held onto gains on Monday of 2 to 18 points into the close. Crude oil prices posted gains of $1.10/barrel. The US dollar index was back up $1.462 to $101.630. Crop Progress data showed 28% of the US cotton crop planted as of 5/11, now … - [Dollar Strength Undercuts Sugar Prices](https://todaymarkets.ae/dollar-strength-undercuts-sugar-prices-2/): July NY world sugar #11 (SBN25) Monday closed down -0.08 (-0.45%), and August London ICE white sugar #5 (SWQ25) closed down -4.90 (-0.98%). Sugar prices Monday fell from 2-week highs and settled lower.  Sugar prices on Monday initially moved higher after WTI crude oil (CLM25) rallied more than +1% to a 2-week high.  Higher crude … - [NY Cocoa Prices Slip as the Dollar Rallies](https://todaymarkets.ae/ny-cocoa-prices-slip-as-the-dollar-rallies/): July ICE NY cocoa (CCN25) Monday closed down -97 (-1.06%), and July ICE London cocoa #7 (CAN25) closed up +55 (+0.83%). Cocoa prices on Monday settled mixed due to currency fluctuations.  Monday’s rally in the dollar (DXY00) to a 1-month high undercut NY cocoa prices.  However, Monday’s fall in the British pound (^GBPUSD) to a … - [Coffee Prices Plunge on Dollar Strength and Improving Supplies](https://todaymarkets.ae/coffee-prices-plunge-on-dollar-strength-and-improving-supplies/): July arabica coffee (KCN25) Monday closed down -14.80 (-3.82%), and July ICE robusta coffee (RMN25) closed down -174 (-3.33%). Coffee prices on Monday sold off sharply, with arabica coffee falling to a 2-1/2 week low and robusta dropping to a 1-month low.  Monday’s rally in the dollar index (DXY00) to a 1-month high is bearish … - [Cattle Markets Make New All-Time Highs, Hogs Higher](https://todaymarkets.ae/cattle-markets-make-new-all-time-highs-hogs-higher/): June Lean Hogs gap opened higher and Raced to the session high at 99.875. Thee rally stalled below resistance at 100.075 and turned lower. It broke down for the rest of the session to the low at 97.975. It settled near the low at 98.30. The breakdown stopped just a tick above the Friday high at … - [Soybeans Rally on Tuesday Following Weekend Trade Talks and Friendly USDA Data](https://todaymarkets.ae/soybeans-rally-on-tuesday-following-weekend-trade-talks-and-friendly-usda-data/): Soybeans closed out the Monday session with contracts rallying 20 to 27 cents.  The cmdtyView Cash Bean price was up 19 3/4 cents to $10.60. Soymeal futures were up $3.90 to 4.90 so far on the day, with Soy Oil futures rallying 126 to 137 points into the close.  USDA reported a private export sale of 120,000 MT of corn to … - [Easing US-China Trade Tensions Boost Crude Prices](https://todaymarkets.ae/easing-us-china-trade-tensions-boost-crude-prices/): June WTI crude oil (CLM25) Monday closed up +0.93 (+1.52%), and June RBOB gasoline (RBM25) closed up +0.0247 (+1.17%). Crude oil and gasoline prices on Monday settled sharply higher, with crude posting a 2-week high and gasoline posting a 6-week high.  Crude prices rallied sharply Monday after the US and China agreed to reduce tariffs … - [Cooler US Weather Forecasts Dampen Nat-Gas Demand and Prices](https://todaymarkets.ae/cooler-us-weather-forecasts-dampen-nat-gas-demand-and-prices/): June Nymex natural gas (NGM25) on Monday closed down by -0.149 (-3.93%). June nat-gas prices on Monday fell from a 1-month high and settled sharply lower on the outlook for near-normal US temperatures to reduce electricity demand for air conditioning.  On Monday, forecaster Atmospheric G2 said warm temperatures initially forecast for the west and north-central … - [Economic Calendar - U.S. Inflation, UK Labour Data And German Sentiment in Focus](https://todaymarkets.ae/economic-calendar-u-s-inflation-uk-labour-data-and-german-sentiment-in-focus/): Today’s economic calendar features critical US inflation data, UK employment figures, and German economic sentiment readings. Markets will closely watch US CPI numbers for insights into how the recent US-China tariff reductions might affect inflation trends, especially after the Fed maintained rates at last week’s meeting.  Key Economic Data (BST) 07:00 – UK Employment Data … - [Nikkei 225 and TOPIX leading regional gains, rallying 1.7% and 1.2% respectively](https://todaymarkets.ae/nikkei-225-and-topix-leading-regional-gains-rallying-1-7-and-1-2-respectively/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [GBP/USD jumps to near 1.3200 ahead of UK employment, US CPI releases](https://todaymarkets.ae/gbp-usd-jumps-to-near-1-3200-ahead-of-uk-employment-us-cpi-releases/): The GBP/USD pair climbs to near 1.3195 during the early European session on Tuesday. The Pound Sterling (GBP) edges higher against the Greenback due to positive developments surrounding the US and the UK trade agreement last week. The UK employment and US inflation reports will be the highlights later on Tuesday. US President Donald Trump last week said … - [NZD/USD gathers strength above 0.5850 as US and China agree to ease tariffs for 90 days](https://todaymarkets.ae/nzd-usd-gathers-strength-above-0-5850-as-us-and-china-agree-to-ease-tariffs-for-90-days/): The NZD/USD pair trades in positive territory around 0.5865 during the Asian session on Tuesday. The New Zealand Dollar (NZD) strengthens against the Greenback after the US and China announced a trade deal, easing fears of a trade war between the world’s two largest economies. Traders will keep an eye on the US April Consumer Price Index … - [USD/JPY falls below 148.00 despite persistent uncertainty over BoJ’s policy outlook](https://todaymarkets.ae/usd-jpy-falls-below-148-00-despite-persistent-uncertainty-over-bojs-policy-outlook/): USD/JPY pulls back after registering more than 2% gains in the previous session, trading around 147.90 during the Asian hours on Tuesday. The pair depreciates as the Japanese Yen (JPY) gains ground despite a persistent uncertainty over the Bank of Japan’s (BoJ) interest rate outlook. BoJ Deputy Governor Shinichi Uchida acknowledged both upside and downside risks stemming … - [XAG/USD rises to near $33.00 with developing bullish bias](https://todaymarkets.ae/xag-usd-rises-to-near-33-00-with-developing-bullish-bias/): Silver price (XAG/USD) is extending its gains for the fourth successive session, trading around $33.00 per troy ounce during the Asian hours on Tuesday. Technical analysis of the daily chart indicates a bullish outlook, as the precious metal continues to trade within an ascending channel pattern. The 14-day Relative Strength Index (RSI) has climbed above the 50 mark, … - [US CPI set to show steady inflation as focus turns to early tariff impact](https://todaymarkets.ae/us-cpi-set-to-show-steady-inflation-as-focus-turns-to-early-tariff-impact/): The high-impact United States (US) Consumer Price Index (CPI) inflation report for April will be published by the Bureau of Labor Statistics (BLS) on Tuesday at 12:30 GMT. The CPI data will likely have a significant impact on the US Dollar’s (USD) performance and the Federal Reserve’s (Fed) path forward on interest rates. What to expect in the … - [XAU/USD edges lower as US, China agree to reduce tariffs, eyes on US CPI data](https://todaymarkets.ae/xau-usd-edges-lower-as-us-china-agree-to-reduce-tariffs-eyes-on-us-cpi-data/): The Gold price (XAU/USD) edges lower to around $3,235 during the early Asian session on Tuesday. The precious metal remains on the defensive due to a stronger US Dollar (USD), higher US yields, and optimism on the US-China trade deal. Later on Tuesday, traders will take more cues from the US April Consumer Price Index (CPI) report. … - [USD/INR strengthens as US, China pause tariff war](https://todaymarkets.ae/usd-inr-strengthens-as-us-china-pause-tariff-war/): The Indian Rupee (INR) softens on Tuesday, pressured by the firmer Greenback. Positive indications from the United States and China trade talks lift the US Dollar (USD) and weigh on the Indian currency. Additionally, an intensification of the India-Pakistan conflict might exert some selling pressure on the local currency.  Nonetheless, foreign portfolio investors (FPIs) have resumed buying of Indian … - [WTI moves below $61.50, downside seems limited due to easing of US-China trade tensions](https://todaymarkets.ae/wti-moves-below-61-50-downside-seems-limited-due-to-easing-of-us-china-trade-tensions/): West Texas Intermediate (WTI) Oil price paused its three-day winning streak, trading around $61.40 per barrel during Asian hours on Tuesday. Despite this pullback, Oil prices remain underpinned by optimism following progress in the United States (US)-China trade negotiations. Over the weekend, the United States and China reached a preliminary deal in Switzerland to significantly reduce tariffs, … - [Australian Dollar edges higher as US Dollar pulls back ahead of CPI data](https://todaymarkets.ae/australian-dollar-edges-higher-as-us-dollar-pulls-back-ahead-of-cpi-data/): The Australian Dollar (AUD) is recovering its recent losses against the US Dollar (USD) for a second consecutive session on Tuesday. However, the AUD/USD pair faced challenges despite a rebound in Australia’s Westpac Consumer Confidence Index, which rose 2.2% month-on-month to 92.1 in May, recovering from a 6.0% drop in the previous month and marking its third … - [EUR/USD maintains position above 1.1100 ahead of US inflation data](https://todaymarkets.ae/eur-usd-maintains-position-above-1-1100-ahead-of-us-inflation-data/): EUR/USD opened with a bullish gap on Tuesday during the Asian session, trading near the 1.1110 level after suffering losses of over 2.5% in the previous session. The pair faced challenges as the US Dollar (USD) strengthened on the back of progress in the United States (US)-China trade negotiations. Over the weekend, the United States and China reached a … - [Wheat Weakness Continuing on Monday](https://todaymarkets.ae/wheat-weakness-continuing-on-monday/): Wheat futures continue to trade with losses early on Monday morning. The wheat market failed to join in on the corn and bean strength on Friday, with contracts falling lower. Chicago SRW futures posted Friday losses of 7 to 8 cents on the day, as July was down 21 ¼ cents last week. Friday’s preliminary … - [Corn Posting Monday Strength](https://todaymarkets.ae/corn-posting-monday-strength/): Corn futures are showing some buying early on Monday morning, up 2 to 4 cents. The corn market finished off the week of losses with bears taking some money off the table. Contracts were up 2 to 4 cents across most months, with July falling 19 ¼ cents (4.10%) last  week and December down 8 … - [Soybeans Rallying as Trade Tensions Ease Over Weekend](https://todaymarkets.ae/soybeans-rallying-as-trade-tensions-ease-over-weekend/): Soybeans are rallying early on Monday, as contracts are up 16 to 20 cents. Bulls were gaining ground ahead of the weekend meeting with the US and China, as contracts were up 5 to 8 cents. July slipped back 6 ¼ cents on the week, with November unchanged. Friday’s preliminary open interest was up 4,602 … - [Cotton Rallies Following Trade Meeting](https://todaymarkets.ae/cotton-rallies-following-trade-meeting/): Cotton price action early on Monday is showing gains of 120 to 145 points, following a productive meeting with the US and China. Futures slipped back on Friday, with contracts down 8 to 15 points at the close, as July was down 180 points last week. Crude oil prices were back up $1.14/barrel. The US … - [Mexican Peso weakens as US-China trade deal lifts US Dollar demand](https://todaymarkets.ae/mexican-peso-weakens-as-us-china-trade-deal-lifts-us-dollar-demand/): The Mexican Peso (MXN) is trading lower against the US Dollar (USD) during Monday’s European session, weighed down by rising demand for the Greenback following a breakthrough in US–China trade talks and ongoing Banco de Mexico (Banxico) policy easing. At the time of writing, USD/MXN is trading around 19.52, up 0.37% on the day, as investors shift … - [Trade of The Day - Gold - XAU/USD](https://todaymarkets.ae/trade-of-the-day-gold-xau-usd/): Facts Recommendation: Short position at market price Opinion: The trade agreement between the U.S. and China, which includes a significant reduction in tariffs, represents a clear signal of geopolitical de-escalation—one that had supported demand for safe-haven assets like gold for many months. The reduction of tariffs from extremely high levels (125% → 10% and 145% … - [EUR/USD plummets as 90-day US-China trade truce strengthens US Dollar](https://todaymarkets.ae/eur-usd-plummets-as-90-day-us-china-trade-truce-strengthens-us-dollar/): EUR/USD plunges below 1.1100 during European trading hours at the start of the week. The major currency pair faces an intense selling pressure as the US Dollar (USD) rallies after the United States (US) and China, in a joint statement, announced a higher-than-expected reduction in tariffs for 90 days imposed in April. The US Dollar Index (DXY), … - [](https://todaymarkets.ae/8940-2/): The U.S. Dollar Index gained nearly 1.1% at its peak today, reflecting market relief over new trade arrangements between China and the United States. The trade war has effectively been suspended for 90 days, but the open question remains: will businesses believe in the end of uncertainty, and will investors trust the stability of U.S. … - [The DAX Hits All Time Highs](https://todaymarkets.ae/the-dax-hits-all-time-highs/): European markets are gaining today after weekend trade talks between the U.S. and China led to the substantial reduction of tariffs. The volatility index VSTOXX is seeing the most significant movement, plunging -8.08% to 18.78, suggesting a substantial decrease in market uncertainty. Among the gainers, the EU50 pan-European index is leading with a rise of … - [GBP tumbles against US Dollar as US and China lower tariffs for 90 days](https://todaymarkets.ae/gbp-tumbles-against-us-dollar-as-us-and-china-lower-tariffs-for-90-days/): The Pound Sterling (GBP) slumps to near 1.3170 against the US Dollar (USD) and trades near a one-month low on Monday. The GBP/USD pair falls sharply as the US Dollar strengthens after the United States (US) and China agreed on a reduction in tariffs imposed in the trade war in April, which will come into effect on Wednesday, for 90 days. … - [USD/CAD advances to near 1.4000 following a 115% reciprocal reduction in US-China tariffs](https://todaymarkets.ae/usd-cad-advances-to-near-1-4000-following-a-115-reciprocal-reduction-in-us-china-tariffs/): USD/CAD continues its upward momentum for the fourth consecutive session, trading around 1.3980 during European hours on Monday. The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is also on the rise, hovering near 101.60 at the time of writing. The US Dollar (USD) strengthened following a joint statement … - [USD/CHF rallies to one-month top, beyond mid-0.8400s as US and China agree to lower tariffs](https://todaymarkets.ae/usd-chf-rallies-to-one-month-top-beyond-mid-0-8400s-as-us-and-china-agree-to-lower-tariffs/): The USD/CHF pair builds on its modest gap-up opening at the start of a new week and gains strong positive traction during the early part of the European session. The momentum is sponsored by the latest optimism over the US-China trade deal and lifts spot prices beyond mid-0.8400s, or over a one-month high in the last hour. … - [US Dollar Index (DXY) surges past 101.00, hits one-month top on US-China trade deal optimism](https://todaymarkets.ae/us-dollar-index-dxy-surges-past-101-00-hits-one-month-top-on-us-china-trade-deal-optimism/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, catches aggressive bids at the start of a new week and rallies to over a one-month top, around the 101.35-101.40 region during the early European session. The latest leg of a sudden spike over the past hour or so followed the … - [AUD/JPY surges to near 94.50 as joint statement confirms 90-day halt in tariff escalations](https://todaymarkets.ae/aud-jpy-surges-to-near-94-50-as-joint-statement-confirms-90-day-halt-in-tariff-escalations/): AUD/JPY climbed more than 1.50% during European trading hours on Monday, reaching around 94.60, driven by a more optimistic global trade sentiment following positive developments in US-China trade negotiations. The Australian Dollar (AUD), closely tied to China due to strong trade relations, gained ground after the release of a joint statement from high-level talks held … - [NZD/USD falls to near 0.5900 following a 90-day pause in US-China tariff escalation](https://todaymarkets.ae/nzd-usd-falls-to-near-0-5900-following-a-90-day-pause-in-us-china-tariff-escalation/): NZD/USD remains under pressure, trading near 0.5900 during early European hours on Monday, despite an improved global trade mood following positive developments in US-China trade talks. The US Dollar (USD) strengthened after the release of a joint statement from the high-level trade negotiations held over the weekend in Geneva, Switzerland. The statement confirmed that the US will suspend … - [Gold price weakens further below $3,250 as US-China trade deal boosts USD and global risk sentiment](https://todaymarkets.ae/gold-price-weakens-further-below-3250-as-us-china-trade-deal-boosts-usd-and-global-risk-sentiment/): Gold price (XAU/USD) adds to its heavy intraday losses following the US-China joint statement on trade talks and dives to a fresh one-week low, below the $3,250 level during the early European session on Monday. The already upbeat market mood gets an additional boost in reaction to an agreement between the US and China to lower … - [Japanese Yen plummets to fresh one-month low against USD after US and China agree to lower tariffs](https://todaymarkets.ae/japanese-yen-plummets-to-fresh-one-month-low-against-usd-after-us-and-china-agree-to-lower-tariffs/): The Japanese Yen (JPY) adds to intraday losses and touches a fresh one-month low against its American counterpart heading into the European session on Monday as the US-China trade deal optimism continues to weigh on safe-haven assets. Apart from this, worries about Japan’s growth outlook on the back of US tariffs uncertainty turn out to be another … - [Nasdaq Futures Gain 3.5% on China-U.S. Agreement](https://todaymarkets.ae/nasdaq-futures-gain-3-5-on-china-u-s-agreement/): Chinese tariffs will drop from 125% to 10%, while U.S. tariffs will decrease from 145% to 30%. Shortly after 08:00, the first reports emerged regarding a potential temporary agreement between China and the U.S. to reduce trade restrictions. Details of the agreement from the U.S. side are now becoming available: US100 (H1 timeframe) In response … - [USD/INR rises as India-Pakistan top military officials to speak as ceasefire holds](https://todaymarkets.ae/usd-inr-rises-as-india-pakistan-top-military-officials-to-speak-as-ceasefire-holds/): The Indian Rupee (INR) weakens on Monday, pressured by increasing tensions on the border between the nuclear-armed rivals India and Pakistan. The renewed US Dollar (USD) demand following the optimism between US-China trade talks and a jump in crude oil prices could drag the Indian currency lower.  However, continuing FPI flows into the domestic equity markets and … - [The Economic Week Ahead](https://todaymarkets.ae/the-economic-week-ahead/): The Week Ahead: US/ China trade talk success Financial markets are in optimistic mood on Monday, as China and the US both announced that weekend trade talks had made ‘substantial progress’. A press conference is set to take place this morning, and the market is primed for a dramatic cut in tariff rates between the … - [Economic Calendar - China - U.S. Talks in Focus](https://todaymarkets.ae/economic-calendar-china-u-s-talks-in-focus/): After a series of central bank decisions, markets are getting a breather thanks to an almost empty macroeconomic calendar—providing a pause before this week’s key CPI report. Market volatility will largely be at the mercy of trade negotiations between China and the U.S., while a speech from a Bank of England member will also be … - [EUR/JPY retreats slightly from one-week high, up a little below 164.00 amid weaker JPY](https://todaymarkets.ae/eur-jpy-retreats-slightly-from-one-week-high-up-a-little-below-164-00-amid-weaker-jpy/): The EUR/JPY cross regains positive traction on Monday and jumps to over a one-week top, around the 164.20 area during the Asian session, though it lacks follow-through. Spot prices retreat nearly 50 pips from the daily swing high and currently trade around the 163.85-163.80 region, still up 0.20% for the day amid a weaker Japanese … - [Indices in the Asia-Pacific region are starting the week in the green](https://todaymarkets.ae/indices-in-the-asia-pacific-region-are-starting-the-week-in-the-green/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [XAG/USD rises to near $33.00 on M&A news, geopolitical tensions](https://todaymarkets.ae/xag-usd-rises-to-near-33-00-on-ma-news-geopolitical-tensions/): Silver price (XAG/USD) is extending its gains for the third consecutive session, trading around $32.90 per troy ounce during Asian hours on Monday. The precious metal drew support from news that Canadian miner Pan American Silver will acquire MAG Silver Corp in a deal valuing the company at approximately $2.1 billion, according to Reuters. The … - [JPY remains depressed amid trade optimism; USD/JPY looks to build on momentum beyond 146.00](https://todaymarkets.ae/jpy-remains-depressed-amid-trade-optimism-usd-jpy-looks-to-build-on-momentum-beyond-146-00/): The Japanese Yen (JPY) sticks to intraday negative bias through the Asian session and currently trades near a one-month trough touched against its American counterpart earlier this Monday. The optimism over the US-China trade deal remains supportive of a positive risk tone and undermines demand for traditional safe-haven assets. This, along with worries about Japan’s … - [USD/CHF jumps to near 0.8350 on US-China trade hopes](https://todaymarkets.ae/usd-chf-jumps-to-near-0-8350-on-us-china-trade-hopes/): The USD/CHF pair rises to near 0.8340 during the early European session on Monday. The Swiss Franc (CHF) edges lower against the Greenback amid easing concerns of a trade war between the United States (US) and China, the world’s two biggest economies.  Both China and the US have said that they’ve made progress at trade talks in Switzerland, weighing … - [EUR/USD Bears await break below 1.1200 ahead of US-China joint statement](https://todaymarkets.ae/eur-usd-bears-await-break-below-1-1200-ahead-of-us-china-joint-statement/): The EUR/USD pair kicks off the new week on a weaker note amid a modest US Dollar (USD) uptick, bolstered by the optimism over a US-China trade deal. Spot prices, however, manage to hold above the 1.1200 mark and a one-month low touched last Thursday as traders await the US-China joint statement for more details about the agreement. … - [XAU/USD struggles near one-week low; US-China joint statement awaited](https://todaymarkets.ae/xau-usd-struggles-near-one-week-low-us-china-joint-statement-awaited/): Gold price (XAU/USD) attracts heavy selling on Monday and drops to a one-week low, around the $3,253-3,252 area during the Asian session on the back of US-China trade deal optimism. Positive signals from high-stakes US-China trade talks over the weekend in Switzerland boost investors’ confidence and undermine demand for the traditional safe-haven bullion at the start … - [Australian Dollar advances due to US-China trade talks, weaker US Dollar](https://todaymarkets.ae/australian-dollar-advances-due-to-us-china-trade-talks-weaker-us-dollar/): The Australian Dollar (AUD) is building on its recent momentum, rising against the US Dollar (USD) for a second straight session on Monday. The AUD/USD pair is benefiting from growing optimism around the US-China trade talks held in Geneva. As Australia maintains strong economic ties with China, developments in the Chinese economy often have a direct influence … - [US Dollar Index Trades near 100.50, remains below channel’s upper boundary](https://todaymarkets.ae/us-dollar-index-trades-near-100-50-remains-below-channels-upper-boundary/): The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, is losing ground for the second successive session, trading near 100.60 during the Asian hours on Monday. On the daily chart, technical analysis suggested a sustained bullish bias, with the index trading within an ascending channel. Additionally, the … - [JPY/USD recovers slightly from one-month low against USD](https://todaymarkets.ae/jpy-usd-recovers-slightly-from-one-month-low-against-usd/): The Japanese Yen (JPY) remains on the back foot against its American counterpart through the Asian session on Monday as the latest optimism over the US-China trade deal continues to undermine safe-haven assets. Apart from this, worries about Japan’s growth outlook on the back of US tariffs uncertainty seem to weigh on the JPY. The US Dollar (USD), on … - [Asia-Pacific FX news wrap: US & China officials upbeat on trade talks](https://todaymarkets.ae/asia-pacific-fx-news-wrap-us-china-officials-upbeat-on-trade-talks/): US and China initial trade talks wrapped up in Geneva on Sunday with positive comments coming from both sides. In summary: China side: US side: The two will issue a joint statement on Monday, no time for it has been confirmed, where more details are promised. US equity futures gapped higher upon reopening for the … - [USD/INR strengthens on rising India-Pakistan tensions](https://todaymarkets.ae/usd-inr-strengthens-on-rising-india-pakistan-tensions/): The Indian Rupee (INR) weakens on Monday, pressured by increasing tensions on the border between the nuclear-armed rivals India and Pakistan. The renewed US Dollar (USD) demand following the optimism between US-China trade talks and a jump in crude oil prices could drag the Indian currency lower.  However, continuing FPI flows into the domestic equity markets and … - [NZD/USD attracts some buyers above 0.5900 on US-China trade optimism](https://todaymarkets.ae/nzd-usd-attracts-some-buyers-above-0-5900-on-us-china-trade-optimism/): The NZD/USD pair gains traction to near 0.5925 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) strengthens against the Greenback amid easing concerns over a trade war between the United States and China. Investors will closely monitor the joint statement from the world’s two biggest economies on the Geneva trade talks.  After meetings in … - [USD/CAD steadies near 1.3950 as US Dollar receives support from trade optimism](https://todaymarkets.ae/usd-cad-steadies-near-1-3950-as-us-dollar-receives-support-from-trade-optimism/): USD/CAD is attempting to hold its position for the fourth consecutive session, hovering around 1.3940 during Monday’s Asian trading hours. The pair remains supported as the US Dollar (USD) gains strength following reported progress in US-China trade talks over the weekend in Switzerland. US Treasury Secretary Scott Bessent described the two-day talks in Geneva with Chinese officials as … - [WTI sits near two-week high, just below $61.00 as traders await US-China trade deal details](https://todaymarkets.ae/wti-sits-near-two-week-high-just-below-61-00-as-traders-await-us-china-trade-deal-details/): West Texas Intermediate (WTI) US Crude Oil prices rise to a nearly two-week high during the Asian session on Monday, though bulls struggle to find acceptance or build on the momentum beyond the $61.00 mark. The commodity currently trades with a mild positive bias just below the said handle as traders keenly await the joint … - [AUD appreciates due to growing optimism after two-day US-China trade talks](https://todaymarkets.ae/aud-appreciates-due-to-growing-optimism-after-two-day-us-china-trade-talks/): The Australian Dollar (AUD) is building on its recent momentum, rising against the US Dollar (USD) for a second straight session on Monday. The AUD/USD pair is benefiting from growing optimism around the US-China trade talks held in Geneva. As Australia maintains strong economic ties with China, developments in the Chinese economy often have a direct influence … - [Coffee Prices Settle Mixed as the Supply Situation Improves](https://todaymarkets.ae/coffee-prices-settle-mixed-as-the-supply-situation-improves/): July arabica coffee (KCN25) Friday closed up +0.40 (+0.10%), and July ICE robusta coffee (RMN25) closed down -39 (-0.74%). Coffee prices on Friday settle mixed.  Dollar weakness Friday was supportive of coffee prices.  However, gains were limited by signs of larger global coffee supplies after the USDA forecast 2025/26 coffee production in Honduras, Central America’s … - [Ivory Coast Cocoa Crop Concerns Underpin Prices](https://todaymarkets.ae/ivory-coast-cocoa-crop-concerns-underpin-prices/): July ICE NY cocoa (CCN25) Friday closed up +119 (+1.31%), and July ICE London cocoa #7 (CAN25) closed up +17 (+0.26%). Cocoa prices on Friday settled higher, with NY cocoa posting a 1-1/2 week high and London cocoa posting a 5-week high.  Quality concerns regarding the Ivory Coast cocoa mid-crop, which is currently being harvested, … - [Sugar Prices See Support as Crude Oil Rallies](https://todaymarkets.ae/sugar-prices-see-support-as-crude-oil-rallies/): July NY world sugar #11 (SBN25) Friday closed up +0.28 (+1.60%), and August London ICE white sugar #5 (SWQ25) closed up +5.00 (+1.01%). Sugar prices on Friday added to Thursday’s gains and posted 1-week highs.   Strength in crude prices on Friday boosted sugar prices after WTI crude oil (CLM25) rose more than +1% to … - [Cotton Post Slight Weakness on Friday](https://todaymarkets.ae/cotton-post-slight-weakness-on-friday/): Cotton futures slipped back on Friday, with contracts down 8 to 15 points at the close, as July was down 180 points this week. Crude oil prices were back up $1.14/barrel. The US dollar index was down $0.235 to $100.255. CFTC data showed specs cutting another 5,182 contracts from their net short position as of … - [Corn Squares Up Heading into the Weekend](https://todaymarkets.ae/corn-squares-up-heading-into-the-weekend/): The corn market finished off the week of losses with bears taking some money off the table. Contracts were up 2 to 4 cents across most months, with July falling 19 ¼ cents (4.10%) this week and December down 8 ¼ cents. The nearby CmdtyView national average Cash Corn price was up 2 1/4 cents at $4.20 … - [Wheat Falls into the Weekend](https://todaymarkets.ae/wheat-falls-into-the-weekend/): The wheat market failed to join in on the corn and bean strength on Friday, with contracts falling lower. Chicago SRW futures posted Friday losses of 7 to 8 cents on the day, as July was down 21 ¼ cents this week. Kansas City HRW futures faced weakness, with contracts 7 to 8 cents lower … - [Soybeans Push Higher Into The Weekend](https://todaymarkets.ae/soybeans-push-higher-into-the-weekend/): Soybean bulls were gaining ground ahead of the weekend meeting with the US and China, as contracts were up 5 to 8 cents. July slipped back 6 ¼ cents on the week, with November unchanged.  The cmdtyView Cash Bean price was up 6 3/4 cents to $10.00 1/4. Soymeal futures mixed, up 60 cents in some deferreds to 60 … - [Crude Rallies on US-China Trade Talk Optimism](https://todaymarkets.ae/crude-rallies-on-us-china-trade-talk-optimism/): June WTI crude oil (CLM25) Friday closed up +1.11 (+1.85%), and June RBOB gasoline (RBM25) closed up +0.0230 (+1.10%). Crude oil and gasoline prices on Friday rallied to 1-1/2 week highs and settled moderately higher.  Friday’s weaker dollar was bullish for energy prices.  Also, optimism about this weekend’s trade talks with China pushed crude prices … - [June Nymex natural gas (NGM25) on Friday closed up by +0.203 (+5.65%).](https://todaymarkets.ae/june-nymex-natural-gas-ngm25-on-friday-closed-up-by-0-203-5-65/): June nat-gas prices on Friday rallied to a 4-week high and settled sharply higher on the outlook for above-normal US temperatures to boost electricity demand for air conditioning.  On Friday, forecaster Xweather said temperatures will be above normal in the eastern half of the US through May 18, boosting nat-gas demand from electricity providers to … - [Canadian Dollar flat-lines on Friday as markets look elsewhere](https://todaymarkets.ae/canadian-dollar-flat-lines-on-friday-as-markets-look-elsewhere/): The Canadian Dollar (CAD) flattened on Friday, sticking close to 1.3900 against the US Dollar (USD) as Loonie markets struggle to find a reason to move too far in either direction. Market sentiment is being entirely driven by upcoming trade talks between the US and China that have been set to begin in Switzerland this weekend. Canadian … - [Mexican Peso firms despite weak data as trades turn cautious on US-China talks](https://todaymarkets.ae/mexican-peso-firms-despite-weak-data-as-trades-turn-cautious-on-us-china-talks/): The Mexican Peso (MXN) registered modest gains versus the US Dollar (USD) on Friday as market participants turned cautious ahead of the US-China talks in Switzerland. The emerging market (EM) currency remained unfazed by a worse-than-expected economic outlook as Mexico’s data continued to deteriorate. At the time of writing, the USD/MXN trades at 19.46, below its opening price by … - [Australian Dollar under pressure as global trade and economic uncertainties persist](https://todaymarkets.ae/australian-dollar-under-pressure-as-global-trade-and-economic-uncertainties-persist/): The Australian Dollar (AUD) remains under pressure as global trade uncertainties persist, particularly surrounding the US-China trade talks. While there has been a slight rebound in copper production from China, trade deals and economic policies continue to impact sentiment in the market, with limited positive moves for the Aussie. Daily digest market movers: Aussie steady … - [Saudi Non-Oil Private Sector Growth Hits 11-Year High](https://todaymarkets.ae/saudi-non-oil-private-sector-growth-hits-11-year-high/): Riyad Bank Saudi Arabia’s PMI rose sharply to 60.2 in October 2025 from 57.8 in September, signaling one of the strongest improvements in non-oil private sector conditions since 2014. The acceleration was driven by robust gains in new business, output, and employment, as nearly half of surveyed firms reported higher sales amid rising domestic demand … - [US 10-Year Yield Holds at 3-Week High](https://todaymarkets.ae/us-10-year-yield-holds-at-3-week-high/): The yield on the US 10-year Treasury note held at three-week highs around 4.1% on Tuesday as Federal Reserve officials signaled a cautious approach to further interest rate cuts. Fed Governor Lisa Cook acknowledged increasing labor market risks but stopped short of supporting a December cut, while Chicago Fed President Austan Goolsbee said inflation remains … - [AUS 10Y Yield Hits 4-Week High After RBA Hold](https://todaymarkets.ae/aus-10y-yield-hits-4-week-high-after-rba-hold/): Australia’s 10-year bond yield rose to around 4.35%, reaching its highest level since October 10th, after the RBA held rates steady as expected and cautioned that inflationary pressures remain elevated. The decision was made unanimously by policymakers, who noted that the hotter-than-expected inflation report last week suggests slightly stronger underlying inflation risks than previously thought. … - [New Zealand Shares Closes at Record High](https://todaymarkets.ae/new-zealand-shares-closes-at-record-high/): The S&P/NZX 50 Index rose 0.4% to around 13,606 on Tuesday, advancing for the eighth consecutive session to close at an all-time high, driven by strength across most key stocks. Leading the gains were utilities, including Meridian Energy (+1.5%), Contact Energy (+1%), and Mercury NZ (+1.2%). Other notable performers included Fletcher Building (+1.8%), Ventia Services … - [Australian Dollar pares losses following cautious RBA's Bullock](https://todaymarkets.ae/australian-dollar-pares-losses-following-cautious-rbas-bullock/): Australian Dollar (AUD) recovers its daily losses against the US Dollar (USD) on Tuesday, following the cautious remarks from the Reserve Bank of Australia (RBA) Governor Michele Bullock. Bullock spoke at the post-meeting press conference, highlighting the need for less policy easing in this meeting. The Reserve Bank of Australia (RBA) decided to maintain the … - [EUR/JPY depreciates toward 177.00 due to possible BoJ rate hikes](https://todaymarkets.ae/eur-jpy-depreciates-toward-177-00-due-to-possible-boj-rate-hikes/): EUR/JPY continues its losses, trading around 177.20 during the Asian hours on Tuesday. The currency cross struggles as the Japanese Yen (JPY) receives support from last week’s hawkish comments from the Bank of Japan (BoJ) Governor Kazuo Ueda, signaling the possibility of a rate hike in December or January next year. However, the uncertainty prevails about … - [](https://todaymarkets.ae/11341-2/): Facts: Recommendation: Short position on OIL.WTI at market price Opinion: OPEC+’s decision to only moderately increase production in December and its announcement to suspend increases in the first quarter of 2026 do not change the structural risks of oversupply, which clearly determine the sentiment on the commodity market. The International Energy Agency estimates that the … - [Technical Analysis - SPA 35](https://todaymarkets.ae/technical-analysis-spa-35/): Looking at the SPA35 chart on a four-hour interval from a technical perspective, we have been observing a clear upward trend for quite some time. The price has corrected twice by 700 points, marked with a red rectangle in the chart below, and then new peaks were set. Currently, the price is in the region … - [Technical Analysis - Etherum](https://todaymarkets.ae/technical-analysis-etherum/): Looking at the Ethereum chart from a technical perspective on a daily basis, we are likely seeing a shift in market sentiment. The price rose significantly from April to August this year, while in September and October we saw a clear pullback, which led to a drop in price below $4,000. Currently, the price is … - [Chart of The Day - OIL](https://todaymarkets.ae/chart-of-the-day-oil/): Oil prices remain stable today at $64.80 per barrel of Brent crude, despite a moderate production increase of 137,000 barrels per day starting in December. The decision was made during Sunday’s meeting. OPEC+ also announced plans to pause production hikes in Q1 2026, which helped balance the market’s reaction. The decision reflects growing concerns about a potential oil oversupply at the … - [Eurozone Manufacturing Stabilizes in October](https://todaymarkets.ae/eurozone-manufacturing-stabilizes-in-october/): The HCOB Eurozone Manufacturing PMI was confirmed at 50.0 in October 2025, up slightly from 49.8 in September, signaling a stabilization in the sector following a modest deterioration the previous month. The reading reflected an eighth consecutive period of slight output growth, while new orders remained largely stagnant. Demand for euro area goods remains subdued; … - [Swiss 10-Year Bond Yields at 2022-Lows](https://todaymarkets.ae/swiss-10-year-bond-yields-at-2022-lows/): The Swiss 10-year government bond yield fell to around 0.13%, its lowest level since January 2022, after softer-than-expected domestic inflation data fueled speculation of rate cuts by the Swiss National Bank (SNB). Consumer price inflation in Switzerland unexpectedly slowed to 0.1% in October, down from 0.2% in the previous two months, while consumer prices fell … - [German Bund Yields Steady at 2-Week Highs](https://todaymarkets.ae/german-bund-yields-steady-at-2-week-highs/): Germany’s 10-year Bund yield stabilized around 2.64%, near its highest level since October 9, as investors prepared for a relatively quiet week following last week’s ECB policy meeting. The central bank left interest rates unchanged while maintaining a relatively upbeat growth outlook for the eurozone and an unchanged inflation projection. On the data front, German … - [Wheat Futures Jump to Highest Since July](https://todaymarkets.ae/wheat-futures-jump-to-highest-since-july/): Wheat futures surged above $5.40 per bushel, marking their highest level since July 22, on expectations of a rebound in Chinese demand. Over the weekend, a major Chinese grains importer reportedly inquired about US wheat cargoes for shipment between December and February, following last week’s trade truce between the two countries. According to US Department … - [U.K. Manufacturing PMI Slightly Above Estimates](https://todaymarkets.ae/u-k-manufacturing-pmi-slightly-above-estimates/): 09:30 AM BST, United Kingdom – PMI Data for October: UK manufacturing showed tentative signs of recovery in October, with output expanding for the first time in a year amid reduced backlogs and restarts at firms like Jaguar Land Rover. While production grew in consumer and intermediate goods, investment goods output continued to shrink, though more slowly. Demand remained weak at home … - [European PMI Data Inline With Expectations](https://todaymarkets.ae/european-pmi-data-inline-with-expectations/): 08:15 AM BST, Spain – PMI Data for October: 08:30 AM BST, Switzerland – PMI Data for October: 08:45 AM BST, Italy – PMI Data for October: 08:50 AM BST, France – PMI Data for October: 08:55 AM BST, Germany – PMI Data for October: 09:00 AM BST, Euro Zone – PMI Data for October: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation … - [FTSE 100 Trades Higher on Monday](https://todaymarkets.ae/ftse-100-trades-higher-on-monday-2/): The FTSE 100 traded higher on Monday, following a 3.9% gain in October, supported by gains in financial and energy stocks. Standard Chartered rose over 2%, Prudential nearly 2%, and Legal & General 1.6% ahead of the Bank of England’s policy decision on Thursday, where most economists expect rates to remain unchanged. Energy shares also … - [Economical Calendar - PMI, ISM And ADP Ahead This Week](https://todaymarkets.ae/economical-calendar-pmi-ism-and-adp-ahead-this-week/): Financial market attention will turn to macroeconomic releases from private economic institutions such as ISM, PMI, and ADP, as U.S. government data remains suspended due to the ongoing government shutdown. In addition to these releases, it will be worth watching Fed speakers, with remarks scheduled from Cook (Monday), Bowman (Tuesday), and Williams, Hammack, and Paulson (Thursday). Furthermore, for investors following non-U.S. markets, interest rate decisions from the Reserve Bank of Australia … - [Swiss Inflation Slows Again](https://todaymarkets.ae/11314-2/): Swiss inflation fell 0.3% m/m, driven by cheaper hotels and holidays, while clothing and housing costs rose slightly. The data is unlikely to shift SNB policy, as the bank has ended easing and expects inflation to average 0.4% in Q4. The material on this page does not constitute financial advice and does not take into … - [Australian Shares Rebound on Financial Boost](https://todaymarkets.ae/australian-shares-rebound-on-financial-boost/): The S&P/ASX 200 rose 0.2% to close at 8,895 on Monday, rebounding from earlier losses that had pushed the benchmark to a more than one-month low, supported by notable performances in heavyweight financial stocks. Westpac Banking Corporation climbed 2.8% to hover near a record high, despite reporting a decline in annual profit and announcing the … - [Today Markets - The Week Ahead](https://todaymarkets.ae/today-markets-the-week-ahead-2/): The Week Ahead: Tech dominance to continue, as BOE on pause As we start a new month, equity market futures are a sea of green, and risk sentiment  is high. This suggests that the seven-month long rally in global stock markets could continue. The latest drivers include an easing of US/China trade tensions, and some … - [Good Morning Traders](https://todaymarkets.ae/good-morning-traders/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Dutch Manufacturing PMI Falls to 4-Month Low](https://todaymarkets.ae/dutch-manufacturing-pmi-falls-to-4-month-low/): The Nevi Netherlands Manufacturing PMI fell to a four-month low of 51.8 in October 2025, from a more than three-year high of 53.7 in the previous month. While the pace of expansion moderated, new orders continued to drive growth, supported by a renewed rise in export demand amid increased interest from customers across Europe and … - [Palm Oil Begins November with Sharp Losses](https://todaymarkets.ae/palm-oil-begins-november-with-sharp-losses/): Malaysian palm oil futures plunged around 1.5% to below MYR 4,200 per tonne, extending losses since mid-October to revisit a 12-week low. The steep drop followed weakness in rival edible oils on the Dalian exchange, while sentiment was further pressured by concerns over global demand and uncertain weather that could affect output in early 2026. … - [China Manufacturing Growth Below Forecasts](https://todaymarkets.ae/china-manufacturing-growth-below-forecasts/): The RatingDog China General Manufacturing PMI fell to 50.6 in October 2025 from September’s six-month high of 51.2, missing market consensus of 50.9. The moderation in factory activity was driven by slower growth in both new orders and output. Domestic demand supported new orders, while export sales declined at the fastest pace since May amid … - [India Extends Relaxation on Stainless Steel Import Curbs Till December](https://todaymarkets.ae/india-extends-relaxation-on-stainless-steel-import-curbs-till-december/): The government of India has relaxed import restrictions on stainless steel, allowing the sale of certain products made from BIS non-compliant steel until December 31, according to The Economic Times. This relaxation has been extended due to inadequate domestic production of these grades. The government has implemented several measures to curb imports and protect the … - [Offshore Yuan Stabilizes](https://todaymarkets.ae/offshore-yuan-stabilizes/): The offshore yuan hovered around 7.12 per dollar on Monday, following a two-session decline, as investors weighed disappointing factory activity data against US-China trade developments. A private survey showed that China’s manufacturing PMI slowed more than expected in October, after official data last week indicated that manufacturing activity had contracted for the longest stretch in … - [Gasoline Futures Follow Crude Oil Higher](https://todaymarkets.ae/gasoline-futures-follow-crude-oil-higher/): US gasoline futures rose toward $1.9 per gallon, following the rise in crude oil prices after OPEC+ signaled a pause to output hikes early next year amid supply glut fears. The producer group on Sunday agreed to boost output by 137,000 bpd in December, matching the increments implemented in October and November, but indicated that … - [US Heating Oil Futures Rise](https://todaymarkets.ae/us-heating-oil-futures-rise/): US heating oil futures rose to around $2.42 per gallon, moving closer to the July highs reached last week, supported by increasingly tight distillate supplies and broader gains across energy markets. OPEC+ agreed over the weekend to raise output in December but signaled it would pause further increases from January to March due to seasonal … - [New Zealand Shares Close Near 3-Week High](https://todaymarkets.ae/new-zealand-shares-close-near-3-week-high/): The S&P/NZX 50 Index edged up 0.1% to 13,556 on Monday, marking its seventh consecutive gain and closing near a three-week high, driven by strength in heavyweight financial stocks. Westpac Banking led gains, rising 3.8% on strong advances in mortgages and business loans, even as net income dipped in the 12 months ended September. Peers … - [China Moves to End Key Tax Break for Gold Retailers](https://todaymarkets.ae/china-moves-to-end-key-tax-break-for-gold-retailers/): China announced Saturday that it will end a key value-added tax (VAT) offset for some gold retailers, effective immediately, in a move that could reshape the domestic gold market. The new policy, valid through the end of 2027, will restrict full VAT deductions to members of the Shanghai Gold Exchange and Shanghai Futures Exchange—mainly major … - [India Manufacturing PMI Revised Higher](https://todaymarkets.ae/india-manufacturing-pmi-revised-higher/): The HSBC India Manufacturing PMI rose to 59.2 in October 2025, above the flash estimate of 58.4 and September’s 57.7, signaling faster growth in factory activity. New orders expanded sharply, supported by strong demand, advertising efforts, and optimism over GST reform, while output growth matched August’s pace, the joint-fastest in five years. Export orders increased … - [Australia Commodity Prices Fall 1.3% in October](https://todaymarkets.ae/australia-commodity-prices-fall-1-3-in-october/): The Reserve Bank of Australia’s Index of Commodity Prices fell by 1.3% year-on-year in October 2025, reversing a briefly revised 0.1% increase in the previous month. The renewed decline was largely driven by lower prices for thermal coal, coking coal, and liquefied natural gas. These decreases were partly offset by higher prices for gold, iron … - [Dutch Retail Sales Growth at 3-Month Low](https://todaymarkets.ae/dutch-retail-sales-growth-at-3-month-low/): Retail sales in the Netherlands rose by 3.8% year-on-year in September 2025, slowing from an upwardly revised 3.9% advance in the previous month. This marked the softest growth in retail activity since June, driven by a slower increase in sales of non-food products (3.7% vs 3.8% in August), particularly in drugstores (2.1% vs 3.2%) and … - [Iron Ore Falls on Weak China Data](https://todaymarkets.ae/iron-ore-falls-on-weak-china-data/): Iron ore futures fell below CNY 790 per ton, hitting a one-week low as disappointing factory data from top consumer China clouded the demand outlook. A private survey showed that Chinese manufacturing activity slowed more than expected in October as trade tensions with the US escalated during the month, following official data last week that … - [EUR/JPY holds steady above 177.50 amid thin trading due to Japan’s holiday](https://todaymarkets.ae/eur-jpy-holds-steady-above-177-50-amid-thin-trading-due-to-japans-holiday/): EUR/JPY holds ground after registering losses in the previous session, trading around 177.70 during the Asian hours on Monday. The currency cross edges higher as the Japanese Yen (JPY) weakens after the Bank of Japan (BoJ) maintained a cautious stance on interest rates. Trading is likely to remain subdued due to Japan’s holiday-thinned market. The … - [USD/CHF trades firmly near 0.8050 ahead of Swiss inflation data](https://todaymarkets.ae/usd-chf-trades-firmly-near-0-8050-ahead-of-swiss-inflation-data/): The USD/CHF pair demonstrates strength near an over two-week high around 0.8050 during Monday’s Asian session. The Swiss Franc pair trades firmly as the US Dollar (USD) holds onto gains due to receding speculation for further monetary policy easing by the Federal Reserve (Fed) this year. At the press time, the US Dollar Index (DXY), which tracks the … - [GBP/JPY steadies around mid-202.00s amid BoJ uncertainty; UK fiscal concerns cap gains](https://todaymarkets.ae/gbp-jpy-steadies-around-mid-202-00s-amid-boj-uncertainty-uk-fiscal-concerns-cap-gains/): The GBP/JPY cross attracts some buyers near the 202.30-202.25 area during the Asian session on Monday, though it lacks follow-through. Spot prices remain confined in Friday’s broader range and currently trade around mid-202.00s, nearly unchanged for the day amid relatively thin liquidity on the back of a holiday in Japan. The Japanese Yen (JPY) continues to be … - [USD/CAD treads water above 1.4000 due to cautious Fed policy outlook](https://todaymarkets.ae/usd-cad-treads-water-above-1-4000-due-to-cautious-fed-policy-outlook/): USD/CAD remains steady after two days of gains, trading around 1.4010 during the Asian hours on Monday. The pair struggles as the Canadian Dollar (CAD) gains ground on higher Oil prices. It is important to note that Canada is the largest crude exporter to the United States (US). West Texas Intermediate (WTI) Oil price holds gain … - [Australian Dollar receives support as traders expect RBA to maintain policy rates](https://todaymarkets.ae/australian-dollar-receives-support-as-traders-expect-rba-to-maintain-policy-rates/): Australian Dollar (AUD) advances against the US Dollar (USD), halting its three-day losing streak on Monday. The AUD/USD pair may continue to lose ground as the US Dollar (USD) gains amid dampening expectations of a US Federal Reserve (Fed) interest rate cut in December. The AUD failed to draw any impact from the release of economic data … - [USD/JPY sits near multi-month peak](https://todaymarkets.ae/usd-jpy-sits-near-multi-month-peak/): The Japanese Yen (JPY) is seen consolidating last week’s heavy losses against a bullish US Dollar (USD) and remains close to its lowest level since February 14, touched last Thursday. Traders remain uncertain about the timing of the next rate hike by the Bank of Japan (BoJ) amid speculations that Japan’s new Prime Minister Sanae … - [Gold retakes $4,000 amid reviving safe-haven demand; upside potential seems limited](https://todaymarkets.ae/gold-retakes-4000-amid-reviving-safe-haven-demand-upside-potential-seems-limited/): Gold (XAU/USD) attracts some dip-buyers following an Asian session slide to the $3,963-3,962 region on Monday and climbs back above the $4,000 psychological mark in the last hour. Comments from US President Donald Trump suggested that his administration may restrict the flow of cutting-edge artificial intelligence (AI) hardware to its strategic rival, China. This turns … - [XAG/USD rises to near $49.00 due to renewed safe-haven demand](https://todaymarkets.ae/xag-usd-rises-to-near-49-00-due-to-renewed-safe-haven-demand/): Silver price (XAG/USD) recovers its recent losses from the previous session, trading around $48.80 per troy ounce during the Asian hours on Monday. The price of the safe-haven Silver receives support from market caution, driven by the weak Chinese private Manufacturing Purchasing Managers’ Index (PMI) data and renewed US-China trade risks. Traders await the US … - [USD/INR trades firmly as US Dollar strengthens on easing Fed dovish bets](https://todaymarkets.ae/usd-inr-trades-firmly-as-us-dollar-strengthens-on-easing-fed-dovish-bets/): The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) near its over two-week high around 88.95 at the start of the new month on Monday.  The USD/INR pair aims to extend its six-day winning streak as the Indian Rupee (INR) continues to underperform due to Foreign Institutional Investors (FIIs) selling in the … - [US Dollar Index strengthens above 99.50 ahead of US Manufacturing PMI release](https://todaymarkets.ae/us-dollar-index-strengthens-above-99-50-ahead-of-us-manufacturing-pmi-release/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note around 99.75 during the Asian trading hours on Monday. The DXY edges higher on the hawkish stance from the US Federal Reserve (Fed). Traders brace for the release of the US October ISM Manufacturing … - [EURUSD Heads Towards 1.15 Amid Diminishing Chances of a December Fed Cut](https://todaymarkets.ae/eurusd-heads-towards-1-15-amid-diminishing-chances-of-a-december-fed-cut/): The dollar is preparing for a positive close not only this week but also this month. The EURUSD pair is breaking local lows from mid-month today and is heading towards the 1.1500 level amid diminishing chances for interest rate cuts in the United States. The dollar is strengthening against every G10 currency today. The probability of a … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-2/): The EUR/USD pair is currently trading around 1.15270 USD per euro. The market is under downward pressure, mainly due to differences in monetary policy between the European Central Bank and the US Federal Reserve. Souce: xStation5 What is shaping the EUR/USD today? The dollar remains relatively strong following the Fed’s recent 25 basis point rate … - [Sentiment Declines in European Markets](https://todaymarkets.ae/sentiment-declines-in-european-markets/): European session opens with distinctly negative sentiments. Major indices are experiencing broad sell-offs amid investor concerns about growth rates and trade tensions. Among futures contracts, the leaders of declines are W20 and NED25, with sell-offs exceeding 0.6%. FRA40, DE40, and UK100 are losing slightly less, depreciating by 0.4%. ITA40 is the only one rising around … - [Trade of The Day - GBP/USD](https://todaymarkets.ae/trade-of-the-day-gbp-usd-3/): Facts: Recommendation: Source: xStation5 Opinion GBPUSD remains in a downward trend, which began in September in response to the weakness in the UK long-term bond market and growing concerns about the 2026 budget. The planned tax increases—both corporate and income—are intended to boost fiscal revenues necessary to finance struggling public services and improve productivity through … - [Steel Declines from 2-Month High](https://todaymarkets.ae/steel-declines-from-2-month-high/): Steel rebar futures in China fell to CNY 3,080 per tonne from the two-month high of CNY 3,120 on October 28th amid evidence of poor demand among the world’s top consumers, weighing against recent signs of lower supply. The official construction PMI in China fell to 49.1, tying for the record low to reflect a … - [DAX at 2-Week Low](https://todaymarkets.ae/dax-at-2-week-low/): Germany’s DAX fell 0.4% to below 24,030 on Friday, a two-week low, as investors weighed recent central bank meetings, progress in US-China trade, and a flood of corporate and economic data. Market participants will closely watch today’s Eurozone inflation data, which could guide the ECB’s next steps. Among stocks, top losers included Deutsche Telekom (-1.3%), … - [Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP slip as market weakness persists](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-slip-as-market-weakness-persists/): Bitcoin (BTC) price trades below $109,000 at the time of writing on Friday after slipping nearly 5% so far this week. Ethereum (ETH) and Ripple (XRP) prices followed BTC’s footsteps, correcting by nearly 8% and 7%, respectively. These top three currencies are approaching key support levels; a decisive close below could extend further losses. Bitcoin could extend its … - [CAC 40 Falls to Two-Week Low](https://todaymarkets.ae/cac-40-falls-to-two-week-low/): The CAC 40 edged down to 8,145 points on Friday, its lowest level since October 15, capping a particularly busy week dominated by central bank meetings, an easing of US–China trade tensions, and a wave of earnings reports and economic data. Saint-Gobain fell 2.5% after reporting a small 0.2% drop in Q3 revenue on a … - [When is the Eurozone Prelim HICP inflation and how could it affect EUR/USD?](https://todaymarkets.ae/when-is-the-eurozone-prelim-hicp-inflation-and-how-could-it-affect-eur-usd/): The Eurozone Prelim HICP Overview Eurostat will publish the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) data for October later on Friday at 10:00 GMT. Eurozone flash HICP inflation is expected to ease to 2.1% year-over-year (YoY) in October, from 2.2% in September. Meanwhile, the annual core inflation is also anticipated to edge down … - [Pound Sterling struggles as UK productivity downgrade prompts tax raise risks](https://todaymarkets.ae/pound-sterling-struggles-as-uk-productivity-downgrade-prompts-tax-raise-risks/): The Pound Sterling (GBP) stays under pressure against its major peers on Friday. The British currency has underperformed this week as investors worry that United Kingdom (UK) Chancellor of the Exchequer Rachel Reeves might face backlash in the upcoming budget later in November due to escalating fiscal risks. Lately, the UK Office for Budget Responsibility (OBR) has … - [Dutch Inflation Rate Slows to 3.1%](https://todaymarkets.ae/dutch-inflation-rate-slows-to-3-1/): The annual inflation rate in the Netherlands eased to 3.1% in October 2025 from a five-month high of 3.3% in September, according to preliminary estimates. The main downward pressure came from a sharp slowdown in energy prices, with energy inflation falling to 2.1% in October from 4.0% in September, while non-energy industrial goods inflation declined … - [Offshore Yuan Holds Decline](https://todaymarkets.ae/offshore-yuan-holds-decline/): The offshore yuan held its decline around 7.11 per dollar on Friday as investors weighed disappointing PMI data and the outcomes from the recent Trump-Xi meeting. China’s manufacturing PMI fell to a six-month low of 49 in October 2025, signaling continued weakness in the industrial sector and fueling expectations of further stimulus to support domestic … - [Palm Oil Weakens Further, On Track for Second Monthly Loss](https://todaymarkets.ae/palm-oil-weakens-further-on-track-for-second-monthly-loss/): Malaysian palm oil futures fell below MYR 4,250 per tonne, extending their recent decline amid weakness in rival edible oils on the Dalian market and a stronger ringgit. Prices hovered at their lowest in 12 weeks and were set for a second consecutive weekly and monthly drop, down around 4.4% and 2.9% so far, respectively. … - [Coal Prices Rise Despite Slower Asian Imports](https://todaymarkets.ae/coal-prices-rise-despite-slower-asian-imports/): Coal prices climbed above $108 per ton at the end of October, reaching a two-month high amid a firm demand outlook, even as weakening imports from major Asian buyers kept sentiment cautious. Data showed that the world’s top four coal importers, China, India, Japan, and South Korea, were all set for lower arrivals in October … - [German Retail Sales Rise as Expected While Impor Pricrs Drop](https://todaymarkets.ae/german-retail-sales-rise-as-expected-while-impor-pricrs-drop/): Germany’s retail sales rose 0.2% month-over-month in September 2025, matching market estimates and swinging from a revised 0.5% decline in the previous month. This marked the first monthly increase since June, supported by a 0.3% rise in food sales and a 0.4% gain in online and mail-order businesses. In contrast, non-food sales fell 0.6%. On … - [UK House Prices Rise Above Forecasts](https://todaymarkets.ae/uk-house-prices-rise-above-forecasts/): The UK Nationwide House Price Index rose 2.4% year-on-year in October 2025, above the expected 2.3% and up from 2.2% in September. On a monthly basis, prices increased 0.3%, beating forecasts of no change but easing from a 0.5% rise in the previous period. Nationwide’s Chief Economist Robert Gardner said the figures show a broadly … - [French Inflation Shows Mixed Results](https://todaymarkets.ae/french-inflation-shows-mixed-results/): Macro Data:  08:45 France – Preliminary Consumer Inflation for October 08:45 France – Producer Price Index (PPI) for September The preliminary inflation reading for France in October shows price stabilization. CPI rose by 0.1% month-on-month and reached 1.0% year-on-year. Annual HICP fell to 0.9%. Producer price inflation (PPI) in September increased to 0.3% month-on-month and … - [Apple and Amazon Beat Estimates](https://todaymarkets.ae/apple-and-amazon-beat-estimates/): Apple and Amazon released their quarterly reports after the U.S. market close today, and both companies appear to be on track to reach new all-time highs. For several quarters, Amazon had been seen by the market as a laggard, due in part to the narrative of slower revenue growth in Amazon Web Services compared to competitors … - [Australian Shares Snap 3-Day Decline](https://todaymarkets.ae/australian-shares-snap-3-day-decline/): The S&P/ASX 200 rose 0.4% to around 8,920 on Friday, snapping its three-session losing streak, buoyed by gains in gold stocks and miners on higher commodity prices. Gold miners led the charge as bullion rises on the US Fed rate cut and uncertainty over the US-China trade deal. Sector leaders Newmont and Barrick Mining climbed … - [KOSPI Extends Record Rally](https://todaymarkets.ae/kospi-extends-record-rally/): The benchmark KOSPI rose 0.6% to around 4,110 on Friday, hitting fresh record levels, boosted by gains in automakers and chip giant Samsung Electronics. The index is also on track for its fifth straight weekly gain and a nearly 20% increase for the month. Carmaker Hyundai Motors led the charge, climbing over 6% to a … - [China Stocks Struggle Amid Weak Factory Data](https://todaymarkets.ae/china-stocks-struggle-amid-weak-factory-data/): The Shanghai Composite fell 0.2% to below 3,980, while the Shenzhen Component dipped 0.05% to 13,525 on Friday, extending losses from the previous session as disappointing manufacturing data weighed on sentiment. Weaker factory activity reflected renewed Sino-US trade tensions, sluggish domestic demand, and a prolonged property downturn. Meanwhile, Presidents Xi and Trump met on Thursday, … - [Hong Kong Shares Set to Close Month on Weak Note](https://todaymarkets.ae/hong-kong-shares-set-to-close-month-on-weak-note/): Hong Kong equities fell 200 points, or 0.8%, to 26,078 in early trade on Friday, retreating for the third consecutive session as most sectors declined. Weak official PMI data from China in October weighed on sentiment, with factory activity contracting at the fastest pace in six months while the services sector remained subdued. Traders also … - [China Adds Bonds Quota to Stimulate Local Investment](https://todaymarkets.ae/china-adds-bonds-quota-to-stimulate-local-investment/): China has allocated 200 billion yuan (USD 28 billion) in local government special bond quotas to support investment in certain provinces, a spokesperson for the National Development and Reform Commission, Li Chao, said on Friday, as reported by Reuters. This move is part of a broader 500 billion yuan fund aimed at replenishing local finances. … - [Japan Housing Starts Fall Less than Estimated](https://todaymarkets.ae/japan-housing-starts-fall-less-than-estimated/): Japan’s housing starts dropped 7.3% year-on-year in September 2025, below market consensus of a 7.9% decline and slower than a 9.8% fall in the previous month. This marked the sixth consecutive monthly decrease but the mildest in the sequence. New dwelling starts fell at a slower rate for owned homes (-5.6% vs -10.6% in August) … - [New Zealand Stocks Log 6th Month of Gains](https://todaymarkets.ae/new-zealand-stocks-log-6th-month-of-gains/): The S&P/NZX 50 index closed 0.7% higher at 13,548 on Friday, marking its highest level in three weeks and notching a sixth straight monthly advance. The index tracked Wall Street’s rally overnight, driven by upbeat US tech earnings. Sentiment was further lifted after US President Trump and Chinese President Xi agreed at Thursday’s summit to … - [GBP/USD treads water above 1.3150 as Fed rate cuts climb](https://todaymarkets.ae/gbp-usd-treads-water-above-1-3150-as-fed-rate-cuts-climb/): GBP/USD inches higher after three days of losses, trading around 1.3160 during the Asian hours on Friday. The pair holds ground as the US Dollar (USD) struggles amid improving Federal Reserve (Fed) rate cut bets. According to the CME FedWatch Tool, markets are now pricing in 71% probability of a Fed rate cut in December, … - [NZD/USD languishes near one-week low, around 0.5735 after China’s PMI data](https://todaymarkets.ae/nzd-usd-languishes-near-one-week-low-around-0-5735-after-chinas-pmi-data/): The NZD/USD pair trades with a negative bias for the third straight day on Friday and remains close to a one-week low, around the 0.5725 region, touched the previous day. Spot prices move little following the release of rather unimpressive China’s official PMIs and seem poised to register weekly losses amid the short-term bullish sentiment … - [USD/INR moves higher due to US-China trade optimism, receding Fed dovish bets](https://todaymarkets.ae/usd-inr-moves-higher-due-to-us-china-trade-optimism-receding-fed-dovish-bets/): The Indian Rupee (INR) trades lower against the US Dollar (USD) after a flat opening on Friday. The USD/INR pair rises to near 88.85 as the US Dollar (USD) trades broadly firm due to receding Federal Reserve (Fed) dovish bets, and improving trade relations between the United States (US) and China. At the press time, the US … - [EUR/JPY holds steady above 178.00, remains close to record high touched on Thursday](https://todaymarkets.ae/eur-jpy-holds-steady-above-178-00-remains-close-to-record-high-touched-on-thursday/): The EUR/JPY cross attracts some dip-buyers near the 177.85 area during the Asian session on Friday, and for now, it seems to have stalled its modest pullback from the all-time peak, touched the previous day. Spot prices currently trade around 178.15 region, nearly unchanged for the day, and remain on track to register strong monthly … - [USD/CAD maintains position near 1.4000 as expectations for further Fed rate cuts diminish](https://todaymarkets.ae/usd-cad-maintains-position-near-1-4000-as-expectations-for-further-fed-rate-cuts-diminish/): USD/CAD remains steady after registering gains in the previous session, trading around 1.3980 during the Asian hours on Friday. The pair appreciated as the US Dollar (USD) received support after Federal Reserve (Fed) Chair Jerome Powell’s comments lowered expectations for further interest rate cuts. The US Fed delivered a 25-basis-point rate cut on Wednesday, lowering its benchmark rate … - [XAG/USD trades firmly near $49.00 ahead of speeches from Fed officials](https://todaymarkets.ae/xag-usd-trades-firmly-near-49-00-ahead-of-speeches-from-fed-officials/): Silver price (XAG/USD) holds onto gains near Thursday’s high around $49.00 during the Asian trading session on Friday. The white metal trades firmly even as traders have trimmed bets supporting another interest rate cut by the Federal Reserve (Fed) this year. According to the CME FedWatch tool, the probability of the Fed cutting interest rates by … - [Japanese Yen sticks to stronger Tokyo CPI-inspired gains; lacks follow-through buying](https://todaymarkets.ae/japanese-yen-sticks-to-stronger-tokyo-cpi-inspired-gains-lacks-follow-through-buying/): The Japanese Yen (JPY) strengthens during the Asian session after data released this Friday showed that inflation in Tokyo rose at a faster pace and backed the case for an imminent rate hike by the Bank of Japan (BoJ). This, along with reviving safe-haven demand, assists the JPY in recovering a part of the previous … - [WTI holds remains subdued around $60.00 due to oversupply concerns](https://todaymarkets.ae/wti-holds-remains-subdued-around-60-00-due-to-oversupply-concerns/): West Texas Intermediate (WTI) Oil price remains subdued for the second successive session, trading around $60.00 per barrel during the Asian hours on Friday. Crude Oil prices are on track to post their third consecutive monthly decline, driven by the oversupply concerns ahead of the Organization of the Petroleum Exporting Countries and its allies, including … - [Gold attracts fresh sellers amid Fed's hawkish stance, US-China trade optimism](https://todaymarkets.ae/gold-attracts-fresh-sellers-amid-feds-hawkish-stance-us-china-trade-optimism/): Gold (XAU/USD) attracts some sellers following an Asian session uptick to the $4,046 area and, for now, seems to have stalled this week’s recovery from its lowest level since October 6. The US Dollar (USD) preserves its strong gains registered over the past two days, to a nearly three-month top, in the wake of the … - [Australian Dollar loses ground after mixed China's NBS PMI data release](https://todaymarkets.ae/australian-dollar-loses-ground-after-mixed-chinas-nbs-pmi-data-release/): AUD/USD remains subdued for the third successive session, trading around 0.6550 during the Asian hours on Friday. The pair moves little following the release of China’s NBS Purchasing Managers’ Index (PMI) data. It is important to note that any shift in China’s economic conditions could also affect the Australian dollar (AUD), given the close trade ties … - [Cattle Pull Back ](https://todaymarkets.ae/cattle-pull-back/): Live cattle futures posted slight gains in the front months, with the soon to expire October up $3.87. Cash trade has been $230 in the north early this week, with other bids near that and $235 in the South. Other bids have been reported at $228-230. The Thursday Fed Cattle Exchange online auction showed $235.50 … - [Soybeans Rally Extends, as Traders Factor in Chinese Buying](https://todaymarkets.ae/soybeans-rally-extends-as-traders-factor-in-chinese-buying/): Soybeans had a back and forth session centered around the China/US meeting on Wednesday night, as the front three contracts have a 40 cent or more range on Thursday. Contracts closed with 10 to 14 cent gains in the nearbys. The cmdtyView national average Cash Bean price was 13 3/4 cents higher at $10.26 1/4. Soymeal futures were up … - [Corn Post Losses](https://todaymarkets.ae/corn-post-losses/): Corn futures posted losses across most contracts on Thursday, with contracts down 2 to 4 cents across most months. The CmdtyView national average Cash Corn price was down 3 1/2 cents to $3.91. Following the meeting between President Trump and President Xi of China, President Trump posted that China is set to purchase massive amounts of sorghum, … - [Wheat Bulls Give Into Weakness ](https://todaymarkets.ae/wheat-bulls-give-into-weakness/): The wheat complex was under pressure for much of the Thursday session. CBT soft red wheat futures were 7 to 8 cents lower to round out Thursday trade. KC HRW futures were 9 to 10 cents in the red on Thursday. MPLS spring wheat futures were down 9 to 10 cents in most contracts at … - [Coffee Prices Recover as ICE Inventories Dwindle](https://todaymarkets.ae/coffee-prices-recover-as-ice-inventories-dwindle/): December arabica coffee (KCZ25) on Thursday closed up +1.30 (+0.33%), and January ICE robusta coffee (RMF26) closed up +31 (+0.67%). Coffee prices recovered from early losses on Thursday and settled higher.  Shrinking ICE coffee inventories are supportive for prices.  The 50% tariffs imposed on US imports from Brazil have led to a sharp drawdown in … - [Cocoa Prices Rebound as ICE Inventories Fall](https://todaymarkets.ae/cocoa-prices-rebound-as-ice-inventories-fall/): December ICE NY cocoa (CCZ25) on Thursday closed up +14 (+0.23%), and December ICE London cocoa #7 (CAZ25) closed up +19 (+0.44%). Cocoa prices recovered from early losses on Thursday and settled higher as shrinking ICE cocoa inventories sparked short covering in cocoa futures.  ICE-monitored cocoa inventories held in US ports fell to a 7-month … - [Sugar Prices Sink on Higher Brazil Sugar Production](https://todaymarkets.ae/sugar-prices-sink-on-higher-brazil-sugar-production/): March NY world sugar #11 (SBH26) on Thursday closed down -0.14 (-0.97%), and December London ICE white sugar #5 (SWZ25) closed down -3.70 (-0.89%). Sugar prices extended their three-week-long slide on Thursday, with NY sugar posting a 5-year nearest-futures low and London sugar posting a 4.75-year low. Higher sugar output in Brazil is undercutting prices … - [Cotton Falls Back](https://todaymarkets.ae/cotton-falls-back-2/): Cotton futures ended the Thursday session with contracts down 80 to 90 points across the front months. Crude oil futures were down 17 cents/barrel to $60.31, with the US dollar index back up $0.333 to $99.355.  Following the meeting between President Trump and President Xi of China, President Trump posted that China is set to purchase … - [Soybean - China to Buy 12 MT Soy This Year](https://todaymarkets.ae/soybean-china-to-buy-12-mt-soy-this-year/): Bessent announced that China will purchase 12 million tons of soybeans from the US this year, and 25 million tons each in the next three years. In 2024, the United States sold 27 million tons of soybeans to China. Production is less than 120 million tons. Soybean prices declined after the meeting between Trump and … - [USD/CHF gains as Fed signals slower easing, US-China trade relations improve](https://todaymarkets.ae/usd-chf-gains-as-fed-signals-slower-easing-us-china-trade-relations-improve/): USD/CHF trades higher around 0.8000 on Thursday, up 0.20% for the day. The US Dollar (USD) finds support after the Federal Reserve (Fed) delivered a widely expected 25 basis-point rate cut to a range of 3.75%–4.00%, while signaling a slower pace of future easing. Fed Chair Jerome Powell emphasized that a further rate reduction in December is … - [Chart of the Day - Soybean](https://todaymarkets.ae/chart-of-the-day-soybean/): Futures contracts for soybeans in Chicago dropped by over 1% following the conclusion of the Trump-Xi meeting in Busan, despite earlier dynamic price gains driven by hopes for a trade agreement and a resumption of Chinese soybean purchases. Ultimately, state-owned COFCO purchased three cargoes of soybeans for December and January delivery as a goodwill gesture immediately preceding the talks, … - [Pound Sterling remains fragile against US Dollar on improving US-China trade relations](https://todaymarkets.ae/pound-sterling-remains-fragile-against-us-dollar-on-improving-us-china-trade-relations/): The Pound Sterling (GBP) ticks down to near 1.3185 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD pair faces pressure as the US Dollar has recovered its early losses, following comments from United States (US) President Donald Trump and China’s commerce ministry after the meeting between Trump and Chinese leader Xi … - [USD/CAD picks up to 1.3950 amid a firmer US Dollar](https://todaymarkets.ae/usd-cad-picks-up-to-1-3950-amid-a-firmer-us-dollar/): The US Dollar is regaining lost ground against the Loonie, amid broader Greenback strength as markets ponder the scope of the Sino-US trade deal. The pair bounced from one-month lows near 1.3880 on Wednesday and is extending gains to test Wednesday’s high, at 1.3954, which, so far, keeps holding bulls. US President Donald Trump and … - [Preliminary Eurozone GDP Beats Expectations](https://todaymarkets.ae/preliminary-eurozone-gdp-beats-expectations/): Euro Area — Preliminary Gross Domestic Product: Euro Area — Labor Market Data The preliminary GDP figures for the Euro Area indicate a slightly better-than-expected economic performance in Q3. Quarter-on-quarter, GDP rose by 0.2%, above the forecast of 0.1% and an increase from the previous quarter’s 0.1%. Year-on-year, GDP grew by 1.3%, slightly surpassing expectations of 1.2%, though lower than last quarter’s 1.5%. These … - [German GDP Slightly Higher Than Expected](https://todaymarkets.ae/german-gdp-slightly-higher-than-expected/): German GDP YoY SA Flash: 0.3% (Forecast 0.2%, Previous 0.2%) German GDP YoY NSA Flash: 0.3% (Forecast 0.2%, Previous -0.2%) German GDP QoQ Flash Actual 0% (Forecast 0%, Previous -0.3%) German Unemployment Rate Actual 6.3% (Forecast 6.3%, Previous 6.3%) German Unemployment Change SA Actual -1k (Forecast 8k, Previous -7k) German Unemployment Total SA Actual 2.973M … - [Spanish Inflation Rebounds Despite Expectations](https://todaymarkets.ae/spanish-inflation-rebounds-despite-expectations/): CPI inflation for October: 3.1% YoY (Forecast: 2.9% Yoy: Prior: 3.0% YoY) Monthly CPI inflation: 0.7% MoM (Forecast: 0.5% MoM; Prior: -0.3% MoM) Core CPI inflation: 2.5% YoY (Forecast: 2.5% YoY; Prior: 2.4% YoY) Higher than expected inflation should support ECB view to maintain interest rates unchanged, which is also in line with market expectations. … - [Economic Calendar - ECB Decision And Tech Giant Earnings](https://todaymarkets.ae/economic-calendar-ecb-decision-and-tech-giant-earnings/): The majority of this week’s most crucial market events are now behind us. The Fed cut interest rates but delivered a hawkish message. Wall Street’s technology giants have released earnings, and the Trump-Xi meeting concluded positively, though it is fundamentally a return to the prior status quo. Still ahead are several European data publications, the European Central … - [Alphabet Soared 7% on AI Driven Results](https://todaymarkets.ae/alphabet-soared-7-on-ai-driven-results/): The American tech giant, now primarily a powerhouse in data centers and Artificial Intelligence (AI) rather than just search and web browsing, has decisively surpassed financial expectations. The company reported its first-ever $100 billion quarterly revenue, sending shares to new historical highs, despite absorbing a significant EU-related fine. Investors have fully embraced the aggressive capital expenditure … - [Meta Dropped Despite Strong Revenue Growth](https://todaymarkets.ae/meta-dropped-despite-strong-revenue-growth/): Meta Platforms (META.US) reported impressive Q3 revenue growth, driven by strong advertising demand and higher user engagement fueled by AI-powered tools across Facebook, Instagram, and WhatsApp. Revenue rose 26% y/y to $51.2B, well above market expectations. However, results were overshadowed by a one-time, non-cash tax charge of $15.9B related to the implementation of the U.S. “One Big Beautiful Bill” act, which lifted the company’s effective tax rate to 87% and significantly … - [Saudi Arabia GDP Growth Strongest in 2½ Years](https://todaymarkets.ae/saudi-arabia-gdp-growth-strongest-in-2%c2%bd-years/): Saudi Arabia’s economy expanded by 5% year-on-year in the third quarter of 2025, accelerating from a 3.9% growth in the previous period, according to preliminary estimates. This marks the strongest economic expansion since the first quarter of 2023, supported by growth across all major economic sectors, with oil activities leading the way, jumping 8.2% after … - [GBP trades firmly ahead of EU-UK trade summit](https://todaymarkets.ae/gbp-trades-firmly-ahead-of-eu-uk-trade-summit/): The Pound Sterling (GBP) trades higher against its major peers, except the Euro (EUR), at the start of the week. The British currency moves higher ahead of the European Union (EU)-United Kingdom (UK) trade summit in London on Monday. Investors will pay close attention to a potential trade deal as it will strengthen economic ties … - [Bitcoin, Ethereum, Ripple: BTC, ETH and XRP breakout or fake-out? Momentum tools flash weakness](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-breakout-or-fake-out-momentum-tools-flash-weakness/): Bitcoin (BTC) trades slightly lower on Monday after breaking above key resistance at $105,000 on Sunday, raising concerns of a potential bull trap. Meanwhile, Ethereum (ETH) and Ripple (XRP) hold near crucial support levels; a decisive close below their support levels could trigger a deeper correction. Moreover, these top cryptocurrencies’ momentum indicators flash weakness as the broader crypto … - [Bitcoin’s final countdown to 109K? Counting with caution](https://todaymarkets.ae/bitcoins-final-countdown-to-109k-counting-with-caution/): iangle… up above the sky!” In our previous update, we highlighted a contracting triangle forming between 91K–95K, anticipating a breakout toward the 98K–100K zone. That played out well — Bitcoin rallied to 97,944 as Yellow Wave-1, just shy of the 98K mark. As expected, it faced resistance and pulled back again holding the important support 90-92 K range. This zone aligned exactly as … - [WTI sticks to modest intraday losses around $61.70, moves little after mixed Chinese data](https://todaymarkets.ae/wti-sticks-to-modest-intraday-losses-around-61-70-moves-little-after-mixed-chinese-data/): West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on Friday’s move higher and attract fresh sellers at the start of a new week. The commodity, however, recovers slightly from the Asian session low and currently trades around the $61.70-$61.65 region, still down nearly 0.40% for the day. The uncertainty over the outcome of Iran-US … - [Economic Calendar - EU Inflation in The Spotlight](https://todaymarkets.ae/economic-calendar-eu-inflation-in-the-spotlight/): Monday’s economic calendar is typically light. The overnight data from China carry the most weight for market sentiment and FX: they once again highlight the problem that Chinese industrial success is occurring despite a weak domestic consumer, underlining how crucial the ongoing trade‑talks are for global activity. From a central‑bank and monetary‑policy perspective, the final … - [Week Ahead: A US debt downgrade and UK CPI](https://todaymarkets.ae/week-ahead-a-us-debt-downgrade-and-uk-cpi/): This week we should be talking about how in May, US equities have  outperformed their European counterparts. However, instead the focus will be on the US credit rating downgrade from Moody’s that was announced late on Friday night. The US credit rating agency is the last of the major agencies to downgrade the US from … - [Mid-Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-12/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [USD/CHF trades near 0.8350, pulls back from recent gains due to market caution](https://todaymarkets.ae/usd-chf-trades-near-0-8350-pulls-back-from-recent-gains-due-to-market-caution/): USD/CHF is retreating from gains made in the previous session, trading near 0.8360 during Asian hours on Monday. The decline follows a surprise downgrade of the US government’s credit rating, which sparked renewed selling in the US fixed income market. Moody’s has downgraded the US credit rating by one notch—from Aaa to Aa1—citing surging debt … - [USD/INR rises on strong importer demand, foreign fund outflows](https://todaymarkets.ae/usd-inr-rises-on-strong-importer-demand-foreign-fund-outflows/): The Indian Rupee (INR) remains subdued against the US Dollar (USD) on Monday, continuing its losing streak for the sixth successive day. Moreover, fresh USD demand from importers and ongoing foreign fund outflows continue to weigh on the INR.  However, the upside of the USD/INR pair could be limited as the US Dollar (USD) came under renewed pressure following … - [XAG/USD remains below $32.50, upside seems possible due to US economic uncertainty](https://todaymarkets.ae/xag-usd-remains-below-32-50-upside-seems-possible-due-to-us-economic-uncertainty/): Silver price (XAG/USD) extends its losses for the second successive session, trading around $32.30 per troy ounce during the Asian hours on Monday. While silver prices have recently faced downward pressure, the downside may be limited due to rising demand for safe-haven assets, spurred by growing concerns over the US economic outlook and fiscal stability. … - [EUR/USD Seems vulnerable below 1.1200, 200-period SMA on H4 holds the key](https://todaymarkets.ae/eur-usd-seems-vulnerable-below-1-1200-200-period-sma-on-h4-holds-the-key/): The EUR/USD pair ticks higher at the start of a new week amid a softer US Dollar (USD), though it lacks bullish conviction and remains below the 1.1200 round figure through the Asian session. From a technical perspective, last week’s breakdown below the 200-period Simple Moving Average (SMA) on the 4-hour chart was seen as a key trigger for … - [USD/CAD holds steady above mid-1.3900s amid mixed cues; remains confined in a familiar range](https://todaymarkets.ae/usd-cad-holds-steady-above-mid-1-3900s-amid-mixed-cues-remains-confined-in-a-familiar-range/): The USD/CAD pair struggles to gain any meaningful traction during the Asian session on Monday and remains confined in a familiar range held over the past week or so. Spot prices currently trade around the 1.3965-1.3970 region, nearly unchanged for the day amid mixed fundamental cues. Crude Oil prices kick off the new week on a softer … - [AUD/USD holds steady above 0.6400 following Chinese data release](https://todaymarkets.ae/aud-usd-holds-steady-above-0-6400-following-chinese-data-release/): The AUD/USD pair kicks off the new week on a subdued note and consolidates just above the 0.6400 round-figure mark during the Asian session. Moreover, spot prices remain confined in a familiar range held over the past month or so as traders await a fresh catalyst before positioning for the next leg of a directional … - [NZD/USD sticks to modest intraday gains below 0.5900 amid softer USD](https://todaymarkets.ae/nzd-usd-sticks-to-modest-intraday-gains-below-0-5900-amid-softer-usd/): The NZD/USD pair attracts some dip-buyers during the Asian session on Monday amid a modest US Dollar (USD) weakness, though it seems to struggle to capitalize on the move beyond the 0.5900 mark. Investors seem convinced that the Federal Reserve (Fed) will cut interest rates further amid signs of easing inflationary pressures and the likelihood that the US economy … - [Gold price struggles to capitalize on modest intraday gains to $3,250 area](https://todaymarkets.ae/gold-price-struggles-to-capitalize-on-modest-intraday-gains-to-3250-area/): Gold price (XAU/USD) attracts buyers during the Asian session on Monday as a surprise downgrade of the US government’s credit rating tempers investors’ appetite for riskier assets and boosts demand for traditional safe-haven assets. Furthermore, US Treasury Secretary Scott Bessent’s reaffirmation of President Donald Trump’s tariff threats lends additional support to the bullion. Meanwhile, bets that … - [USD/CHF limited upside as tariff uncertainty weighs on sentiment](https://todaymarkets.ae/usd-chf-limited-upside-as-tariff-uncertainty-weighs-on-sentiment/): The USD/CHF pair is trading higher on Friday, testing a significant resistance zone near 0.8380 as traders digest mixed economic signals from the United States and ongoing global trade tensions. Despite a modest 0.28% gain on the day, the pair’s upside remains constrained by broader concerns over US economic resilience and tariff policy uncertainty. The US Dollar … - [EUR/USD price analysis: Pair drifts lower amid bearish pressure](https://todaymarkets.ae/eur-usd-price-analysis-pair-drifts-lower-amid-bearish-pressure/): The EUR/USD pair is under modest selling pressure on Friday, moving near the lower end of its daily range around the 1.1100 zone. This positioning reflects a bearish tone, reinforced by a cluster of short-term technical indicators that favor downside momentum, despite some mixed signals from longer-term trends. As the European session wraps up, traders appear cautious, … - [Gold - XAU/USD price plummets over 4% this week as risk sentiment improves](https://todaymarkets.ae/gold-xau-usd-price-plummets-over-4-this-week-as-risk-sentiment-improves/): Gold prices fell by more than 1.50% on Friday and are set to end the week with losses of over 4% as an improvement in market mood prompted investors to sell the precious metal in favor of riskier assets. At the time of writing, the XAU/USD trades at $3,187 after hitting a daily high of … - [WTI crude oil rebounds above $61 as bulls defend $55 base, upside capped by Iran, OPEC+ supply risk](https://todaymarkets.ae/wti-crude-oil-rebounds-above-61-as-bulls-defend-55-base-upside-capped-by-iran-opec-supply-risk/): West Texas Intermediate (WTI) crude oil is trading around $62 on Friday ahead of the weekend, staging a modest rebound after snapping a two-day losing streak. The US Oil found renewed buying interest following a retest of the $55 support zone, where a potential double-bottom structure has formed on the daily chart. While the short-term technical picture … - [Canadian Dollar backslides once again, remains range-bound](https://todaymarkets.ae/canadian-dollar-backslides-once-again-remains-range-bound/): The Canadian Dollar (CAD) continued its back-and-forth pattern against the US Dollar (USD) on Friday. The Loonie pared away the previous day’s gains and kept USD/CAD pinned near the 1.4000 handle. Global market attention remains firmly transfixed on the Trump administration’s constantly changing trade policy strategy, keeping investor risk appetite trapped in an on-again, off-again cycle. The latest round … - [NZD/USD steadies near 0.5890 after data-driven rebound, but broader bias remains weak](https://todaymarkets.ae/nzd-usd-steadies-near-0-5890-after-data-driven-rebound-but-broader-bias-remains-weak/): NZD/USD is trading slightly higher near 0.5890 during early Friday trading, recovering from recent losses as upbeat domestic data supports the Kiwi. The pair snapped a two-day slide, buoyed by an improvement in local manufacturing and a rise in inflation expectations, while market action remains largely muted across G10 currencies. The New Zealand Dollar is … - [Mexican Peso set for weekly gains as weak US data offsets Banxico's rate cut](https://todaymarkets.ae/mexican-peso-set-for-weekly-gains-as-weak-us-data-offsets-banxicos-rate-cut/): The Mexican Peso (MXN) erases its previous losses against the US Dollar (USD) on Friday and Is set to finish the week with gains. A day ago, Banco de Mexico (Banxico) reduced the main reference rate, though it failed to weigh on the Mexican currency, which has gained some steam following weak US economic data. At the … - [Dow Jones Industrial Average finds fresh weekly highs as investor sentiment holds firm](https://todaymarkets.ae/dow-jones-industrial-average-finds-fresh-weekly-highs-as-investor-sentiment-holds-firm/): The Dow Jones Industrial Average (DJIA) stepped into fresh weekly highs on Friday after investors shrugged off the second-worst print from the University of Michigan’s (UoM) Consumer Sentiment Index on record. Market sentiment remains on the high side as traders hope for further clarity on trade from the Trump administration and a continued easing of President Donald … - [NZD/JPY price analysis: Cross struggles to maintain upward momentum](https://todaymarkets.ae/nzd-jpy-price-analysis-cross-struggles-to-maintain-upward-momentum/): The NZD/JPY pair is attempting to hold on to modest gains as it trades near the 85.70 zone ahead of the Asian session on Friday. Despite the slight uptick, the broader technical picture remains tilted to the downside, reflecting the influence of longer-term bearish signals that have kept the pair within a tight range recently. … - [Moody's downgrades US debt to AA1, citing rising interest costs and unsustainable debt growth](https://todaymarkets.ae/moodys-downgrades-us-debt-to-aa1-citing-rising-interest-costs-and-unsustainable-debt-growth/): Moody’s Ratings agency downgraded the US’s sovereign debt credit rating after the market close on Friday. According to Moody’s, the US is facing rising debt funding costs that far exceed those of similar government debt loads. Moody’s specifically highlighted US interest obligations “that are significantly higher than similarly rated sovereigns”. Moody’s has lost faith that … - [XAG/USD slips as US yields rebound, hovers below $32.50](https://todaymarkets.ae/xag-usd-slips-as-us-yields-rebound-hovers-below-32-50/): Silver prices edged lower on Friday, with losses of over 1%, set to end the week on a negative note amid rising US Treasury yields, which staged a comeback late during the North American session. XAG/USD trades at $32.26 after hitting a daily peak of $32.68 at the time of writing. XAG/USD Price Forecast: Technical outlook … - [AUD/USD steadies as traders await RBA decision](https://todaymarkets.ae/aud-usd-steadies-as-traders-await-rba-decision/): The AUD/USD pair is trading around the 0.6400 level during European trading hours on Friday, reflecting a broadly neutral tone as traders await the Reserve Bank of Australia (RBA) interest rate decision next week. The US Dollar Index (DXY) is holding near 101.00, up modestly after a week of mixed US economic data. Despite this, the Australian Dollar … - [AUD/NZD price analysis: Cross struggles to hold gains amid mixed signals](https://todaymarkets.ae/aud-nzd-price-analysis-cross-struggles-to-hold-gains-amid-mixed-signals/): The AUD/NZD pair is experiencing mild selling pressure on Friday, hovering near the 1.0900 zone as the market approaches the Asian session. Despite the minor losses, the broader technical outlook remains constructive, with several key indicators aligning to support the pair’s upward trajectory. However, conflicting short-term signals suggest that further gains may face headwinds, as … - [GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD](https://todaymarkets.ae/gbp-usd-slips-below-1-33-as-us-consumer-sentiment-turns-negative-boosts-usd/): The Pound Sterling (GBP retreats against the US Dollar (USD) during the North American session, poised to end the week with minimal losses of over 0.24%. An absent economic docket in the United Kingdom (UK) on Friday left traders adrift to United States (US) data, which revealed that consumers are becoming pessimistic about the economy. GBP/USD trades at … - [Crude Prices Settle Higher on Diminished Prospects for a US-Iran Nuclear Deal](https://todaymarkets.ae/crude-prices-settle-higher-on-diminished-prospects-for-a-us-iran-nuclear-deal/): June WTI crude oil (CLM25) Friday closed up +0.87 (+1.41%) and June RBOB gasoline (RBM25) closed up +0.0074 (+0.25%). Crude oil and gasoline prices on Friday settled higher after Iran’s foreign minister expressed doubts about the status of nuclear talks with the US.  Gains in crude were limited Friday by a stronger dollar, and after … - [Cooler US Temps Push Nat-Gas Prices Lower](https://todaymarkets.ae/cooler-us-temps-push-nat-gas-prices-lower/): June Nymex natural gas (NGM25) on Friday closed down by -0.028 (-0.83%). June nat-gas prices on Friday slid to a fresh 2-week low on the outlook for cooler US spring temperatures that will dampen nat-gas demand from electricity providers to power air conditioning.  On Friday, forecaster Atmospheric G2 said temperatures will be below normal for … - [Cotton Fades Lower into Friday's Close](https://todaymarkets.ae/cotton-fades-lower-into-fridays-close/): Cotton futures ended the Friday session with contracts down 50 to 70 points, as July fell 172 points this week. New crop saw less pressure, down just 100 points. Crude oil prices were up $0.79/barrel. The US dollar index was back up $0.111 to $100.840. The weekly CFTC report showed money managers in cotton futures … - [Sugar Prices Fall on the Outlook for Ample Global Supplies](https://todaymarkets.ae/sugar-prices-fall-on-the-outlook-for-ample-global-supplies/): July NY world sugar #11 (SBN25) Friday closed down -0.15 (-0.85%), and August London ICE white sugar #5 (SWQ25) closed down -2.90 (-0.59%). Sugar prices on Friday tumbled to 1-week lows on expectations for a global sugar surplus.  On Wednesday, consultant Datagro projected a 2025/26 global sugar surplus of +1.53 MMT, recovering sharply from a … - [Cocoa Prices Soar on West African Weather Woes](https://todaymarkets.ae/cocoa-prices-soar-on-west-african-weather-woes/): July ICE NY cocoa (CCN25) Friday closed up +641 (+6.25%), and July ICE London cocoa #7 (CAN25) closed up +385 (+5.24%). Cocoa prices soared Friday, with NY cocoa posting a 3-1/4 month nearest-futures high and London cocoa posting a 3-month high.  Weather concerns in West Africa are the latest bullish factor to push cocoa prices … - [Coffee Prices Retreat as the Supply Situation Improves](https://todaymarkets.ae/coffee-prices-retreat-as-the-supply-situation-improves/): July arabica coffee (KCN25) Friday closed down -9.35 (-2.49%), and July ICE robusta coffee (RMN25) closed down -106 (-2.13%). Coffee prices on Friday fell sharply, with robusta posting a 5-week low.  Signs of bigger coffee supplies are weighing on prices after Safras Mercado on Friday reported that Brazil’s 2024/25 coffee sales were 97% done as … - [Cattle Head Into the Weekend with Gains](https://todaymarkets.ae/cattle-head-into-the-weekend-with-gains/): Live cattle futures rebounded higher into the weekend, with contracts up 90 cents to $1.30, as June slipped back $2.45 this week. Cash action kicked off on Thursday, with Southern sales of $218-220, steady, and $229 in the north. Feeder cattle futures posted gains of 65 cent to $1.80 on Friday, with May feeders down … - [Wheat Fades Lower into the Weekend, As Specs Add to Shorts](https://todaymarkets.ae/wheat-fades-lower-into-the-weekend-as-specs-add-to-shorts/): The wheat market ended the week with Friday weakness. Chicago SRW futures closed out the day with losses of 7 to 8 cents this week, as July managed to gain 3 ¼ cents this week. Kansas City HRW contracts fell 11 to 12 cents on Friday, with a weekly loss of just a penny. Minneapolis … - [Corn Closes the Week on a Lower Note, as Specs Flip Bearish](https://todaymarkets.ae/corn-closes-the-week-on-a-lower-note-as-specs-flip-bearish/): Corn futures closed out the Friday session on a weaker note, with contracts down 3 to 5 cents. July slipped back 6 ¼ cents on the week, with December falling in unison and down 6 ½ cents.   The front month CmdtyView national average Cash Corn price was down 4 1/2 cents at $4.15 ½. The Friday afternoon … - [Soybeans Post Mixed Action](https://todaymarkets.ae/soybeans-post-mixed-action/): The soybean market posted nearby losses of 1 to 2 cents on Friday, with July down 1 ¾ cents on the week. New crop contracts were fractionally higher, with November up a nickel this week. The cmdtyView Cash Bean price was down 1 3/4 cents to $10.00 ¼. Soymeal futures were down $4.60/ton on the day, as July was … - [Mixed Performance in European Markets](https://todaymarkets.ae/mixed-performance-in-european-markets/): European markets are showing mixed performance today, with a majority of indices trading in positive territory despite weakness in some major markets. Switzerland’s SUI20 leads the gains with a strong 1.01% rise to 12334, while Germany’s DE40 follows with a 0.57% increase to 23931.3. Poland’s W20 is also performing well, up 0.50% to 2836.6, and … - [Trade of The Day - GBP/USD](https://todaymarkets.ae/trade-of-the-day-gbp-usd/): Recommendation: Opinion: The GBPUSD presents a compelling short opportunity with converging technical and fundamental signals pointing to downside pressure. With RSI at 55.5 showing bearish divergence and MACD at 0.00356 on the verge of a bearish crossover, momentum indicators are signaling a potential reversal. The recent US-China trade deal announced May 12th has significantly shifted … - [Stock Markets Take a Breather, Can The Recovery Continue?](https://todaymarkets.ae/stock-markets-take-a-breather-can-the-recovery-continue/): The chief driver of global markets this week has been improving US trade relations, especially with China. However, as we end the week, this is fading. On Thursday, the powerful uptrend in the Nasdaq took a breather, for the first time this week. Nvidia also fell slightly on Thursday, however, the chip maker has surged … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy/): The dollar weakened against the yen, with USD/JPY falling 0.8% to 145.20 as markets responded to softer U.S. inflation data and Japan’s surprisingly resilient GDP growth of 0.2% in Q1, which significantly outperformed expectations of a 1.1% contraction. Diverging Central Bank Policies BoJ Deputy Governor Shinichi Uchida reaffirmed the central bank’s hawkish stance, stating they … - [Economic Calendar - U.S. Housing Data, Consumer Sentiment And EU Forecasts in Focus](https://todaymarkets.ae/economic-calendar-u-s-housing-data-consumer-sentiment-and-eu-forecasts-in-focus/): Today’s economic calendar features key US housing market data and consumer sentiment readings, alongside EU economic forecasts and trade balance figures. Markets will closely watch the Michigan consumer sentiment and inflation expectations for insights into how recent trade developments might be affecting consumer outlook, particularly after yesterday’s mixed PPI figures. Key Economic Data (BST) 10:00 … - [USD/CAD Extends the range play below 200-day SMA, 1.4000 mark](https://todaymarkets.ae/usd-cad-extends-the-range-play-below-200-day-sma-1-4000-mark/): The USD/CAD pair attracts some sellers for the second straight day on Friday, though it remains confined in a range held since the beginning of this week. Spot prices currently trade just below mid-1.3900s, down over 0.10% for the day amid a combination of negative factors. The softer US macro data released on Thursday reaffirmed market bets for … - [USD/CHF extends downside below 0.8350 on soft inflation reports](https://todaymarkets.ae/usd-chf-extends-downside-below-0-8350-on-soft-inflation-reports/): The USD/CHF pair extends the decline to around 0.8340 during the early European session on Friday. Soft US producer prices and consumer inflation weigh on the US Dollar (USD). Later on Friday, investors will focus on the release of the Swiss Producer and Import Prices report for April. The US Producer Price Index (PPI) rose 2.4% YoY in April, … - [Asian markets end the week mixed](https://todaymarkets.ae/asian-markets-end-the-week-mixed/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [EUR/JPY Tests support zone near 162.50, ascending channel’s lower boundary](https://todaymarkets.ae/eur-jpy-tests-support-zone-near-162-50-ascending-channels-lower-boundary/): EUR/JPY extends its losing streak for the third successive session, trading around 162.80 during the Asian hours on Friday. Technical analysis of the daily chart shows the currency cross remains within an ascending channel, suggesting a bullish bias is in play. However, EUR/JPY has slipped below the nine-day Exponential Moving Average (EMA), signaling weakening short-term momentum. Meanwhile, … - [GBP/USD drifts higher above 1.3300 on softer US Dollar, upbeat UK GDP data](https://todaymarkets.ae/gbp-usd-drifts-higher-above-1-3300-on-softer-us-dollar-upbeat-uk-gdp-data/): The GBP/USD pair edges higher to around 1.3310 during the Asian trading hours on Friday. The Greenback weakens against the Pound Sterling (GBP) as downside surprises in the US economic data this week raise bets of more Federal Reserve (Fed) rate cuts this year. Traders will keep an eye on the preliminary University of Michigan Consumer Sentiment Index, along with … - [EUR/USD rebounds to near 1.1200 ahead of UoM Consumer Sentiment Index release](https://todaymarkets.ae/eur-usd-rebounds-to-near-1-1200-ahead-of-uom-consumer-sentiment-index-release/): EUR/USD has recovered its daily losses, trading around 1.1200 during the Asian hours on Friday. The pair receives support as the US Dollar (USD) weakens following the recent economic data released on Thursday. The US Producer Price Index (PPI) rose 2.4% year-over-year in April, easing from the 2.7% increase in March and falling short of the market expectation of 2.5%. … - [XAU/USD: Gold stalls recovery from over one-month low near 200-period SMA on H4](https://todaymarkets.ae/xau-usd-gold-stalls-recovery-from-over-one-month-low-near-200-period-sma-on-h4/): Gold price (XAU/USD) struggles to capitalize on the previous day’s strong recovery move from the $3,120 region, or the lowest level since April 10, and attracts some sellers during the Asian session on Friday. The US-China trade truce for 90 days has eased some of the pressure on global markets and is seen as a key … - [Corn bookings exceeding the trade expectations](https://todaymarkets.ae/corn-bookings-exceeding-the-trade-expectations/): The corn market closed the Thursday session with July up 3 cents, as Export Sales data was supportive. New crop contracts were down 1 to 3 cents. The nearby CmdtyView national average Cash Corn price was up 3 ¼ cents at $4.20. Export Sales data from this morning showed corn bookings exceeding the trade expectations of 0.9 … - [Wheat Maintains Strength](https://todaymarkets.ae/wheat-maintains-strength/): osted higher trade on Thursday, with all three exchanges gaining steam.  Chicago SRW futures were up 7 to 8 cents across most contracts at the close. Kansas City HRW futures saw contracts close 5 to 6 cents higher. Minneapolis spring wheat futures posted gains of 2 to 3 cents to bounce from the recent pressure.  … - [AUD strengthens as US Dollar struggles on rising odds of Fed rate cuts](https://todaymarkets.ae/aud-strengthens-as-us-dollar-struggles-on-rising-odds-of-fed-rate-cuts/): The Australian Dollar (AUD) halts its two-day losing streak against the US Dollar (USD) on Friday. The risk-sensitive AUD/USD pair benefits from easing global trade tensions. A preliminary agreement between the US and China has been reached, with the US set to lower tariffs on Chinese goods from 145% to 30%, while China will cut tariffs on … - [JPY advances to fresh weekly top against USD despite weaker GDP](https://todaymarkets.ae/jpy-advances-to-fresh-weekly-top-against-usd-despite-weaker-gdp/): The Japanese Yen (JPY) scales higher against its American counterpart for the fourth straight day and touches a fresh weekly top during the Asian session on Friday. The JPY buying remains unabated following Japan’s weaker-than-expected Q1 GDP print amid the growing acceptance that the Bank of Japan (BoJ) will hike interest rates again. Furthermore, trade … - [USD/INR tumbles as crude oil prices fall](https://todaymarkets.ae/usd-inr-tumbles-as-crude-oil-prices-fall/): The Indian Rupee (INR) recovers some lost ground, snapping the three-day losing streak on Friday. A fall in crude oil prices amid reports that the US and Iran are getting closer to a deal on the country’s nuclear program provides some support to the INR. It’s worth noting that India is the world’s third-largest oil consumer, and … - [Japan’s GDP contracts 0.2% QoQ in Q1 2025 vs -0.1 expected](https://todaymarkets.ae/japans-gdp-contracts-0-2-qoq-in-q1-2025-vs-0-1-expected/): The Japanese economy contracted by 0.2% over the quarter in the first quarter (Q1) of 2025, following a growth of 0.6% in the final quarter of 2024, the preliminary reading released by Japan’s Cabinet Office showed on Friday. Markets expected a 0.1% decline. The Japan’s Gross Domestic Product (GDP) fell at an annual rate of 0.7% in Q1 versus 2.2% prior, … - [XAG/USD hovers near $32.50 amid US ban news on China’s chip firms](https://todaymarkets.ae/xag-usd-hovers-near-32-50-amid-us-ban-news-on-chinas-chip-firms/): Silver (XAG/USD) is pulling back from its recent gains seen in the previous session, hovering around $32.50 during Friday’s Asian trading hours. The metal is under pressure, possibly due to a Financial Times report indicating that the Trump administration plans to add several Chinese semiconductor companies to its export blacklist, known as the “entity list.” Silver’s … - [RBNZ Survey: NZ two-year inflation expectations rise to 2.29% QoQ in Q2 2025](https://todaymarkets.ae/rbnz-survey-nz-two-year-inflation-expectations-rise-to-2-29-qoq-in-q2-2025/): New Zealand’s (NZ) inflation expectations accelerated on a 12-month and a two-year time frame for the second quarter of 2025, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions survey showed on Friday. Two-year inflation expectations, seen as the time frame when RBNZ policy action will filter through to prices, rose to 2.29% in Q2 2025 from 2.06% seen in Q1. NZ average one-year … - [NZD/USD inches higher to near 0.5900 following Q2 RBNZ Inflation Expectations release](https://todaymarkets.ae/nzd-usd-inches-higher-to-near-0-5900-following-q2-rbnz-inflation-expectations-release/): NZD/USD halts its two-day losing streak, trading around 0.5890 during the Asian hours on Friday. The pair advances after the release of the Reserve Bank of New Zealand (RBNZ) Inflation Expectations for Q2 2025. Expectations rose to 2.29% quarter-over-quarter, up from 2.06% previously. This metric reflects business managers’ forecasts for annual CPI two years ahead. … - [Cattle Prices Collapse Continues](https://todaymarkets.ae/cattle-prices-collapse-continues/): Live cattle futures were pushing the pullback to Thursday, with contracts falling $2.77 to $3.82. Profit taking and technical pressure was takes part of the blame. Cash action kicked off on Thursday, with Southern sales of $218-220, steady, and $229 in the north. The Thursday morning Fed Cattle Exchange Online auction from Central Stockyards saw … - [Cotton Closes Weaker but Pulls Off Lows](https://todaymarkets.ae/cotton-closes-weaker-but-pulls-off-lows/): Cotton futures pulled back off the lows on Thursday, closing with losses of 5 to 10 points. Crude oil prices posted losses of $1.43/barrel. The US dollar index was back down $0.193 to $100.680. USDA’s Export Sales report indicated a total of 122,192 RB of 2024/25 upland cotton sold in the week ending on May … - [Sugar Prices Weighed Down by the Outlook for a Global Sugar Surplus](https://todaymarkets.ae/sugar-prices-weighed-down-by-the-outlook-for-a-global-sugar-surplus/): July NY world sugar #11 (SBN25) Thursday closed down -0.39 (-2.16%), and August London ICE white sugar #5 (SWQ25) closed down -10.90 (-2.16%). Sugar prices retreated on Thursday due to expectations for a global sugar surplus.  Consultant Datagro said Wednesday that it projects a 2025/26 global sugar surplus of +1.53 MMT, recovering sharply from a … - [Cocoa Prices Settle Sharply Higher on Supply Concerns](https://todaymarkets.ae/cocoa-prices-settle-sharply-higher-on-supply-concerns/): July ICE NY cocoa (CCN25) Thursday closed up +338 (+3.41%), and July ICE London cocoa #7 (CAN25) closed up +264 (+3.73%). Cocoa prices rallied sharply on Thursday, with NY cocoa climbing to a 3-month nearest-futures high and London cocoa posting a 2-1/2 month high.   Cocoa prices have soared over the past week on quality … - [Arabica Coffee Prices Surge on Signs of Smaller Brazil Coffee Exports](https://todaymarkets.ae/arabica-coffee-prices-surge-on-signs-of-smaller-brazil-coffee-exports/): July arabica coffee (KCN25) Thursday closed up +10.20 (+2.80%), and July ICE robusta coffee (RMN25) closed down -39 (-2.16%). Coffee prices on Thursday settled mixed, with robusta posting a 5-week low.  Arabica coffee recovered from a 3-week low Thursday and rallied sharply on concerns about smaller exports from Brazil.  Cecafe reported that Brazil’s April green … - [Nat-Gas Prices Fall as Weekly EIA Inventories Climb](https://todaymarkets.ae/nat-gas-prices-fall-as-weekly-eia-inventories-climb/): June Nymex natural gas (NGM25) on Thursday closed down by -0.130 (-2.72%). June nat-gas prices on Thursday sank to a 2-week low and settled sharply lower on a greater-than-average build in weekly inventories.   The EIA reported Thursday that nat-gas inventories rose by +110 bcf for the week ended May 9, well above the five-year … - [Crude Prices Finish Sharply Lower on Fears of a Global Oil Glut](https://todaymarkets.ae/crude-prices-finish-sharply-lower-on-fears-of-a-global-oil-glut/): June WTI crude oil (CLM25) Thursday closed down -1.53 (-2.42%) and June RBOB gasoline (RBM25) closed down -0.0356 (-1.64%). Crude oil and gasoline prices fell sharply Thursday after President Trump said the US and Iran are getting closer to a nuclear deal, which could ease sanctions on Iranian crude exports and boost global oil supplies. … - [Trade of The Day - Gold](https://todaymarkets.ae/trade-of-the-day-gold/): Recommendation: Long position on GOLD at market price Opinion: The recent geopolitical de-escalation, which supported demand for safe assets for many months, has recently worsened sentiment around GOLD. The reduction in tariffs from extremely high levels (125% → 10% and 145% → 30%) has a calming effect on financial markets, but it is still unclear … - [EUR/AUD Recommendation From Credit Agricole](https://todaymarkets.ae/eur-aud-recommendation-from-credit-agricole/): Credit Agricole has issued a recommendation for the EURAUD currency pair. Credit Agricole recommends taking a short position on the pair with the following levels: Entry (at market price): 1.7358Target: 1.6500Stop: 1.7700 Credit Agricole recommends taking a short position on EURAUD at the market price with a target of 1.6500 and a stop loss order … - [Economic Calendar - U.S. Data in Focus](https://todaymarkets.ae/economic-calendar-u-s-data-in-focus/): Today’s economic calendar is exceptionally packed and will be rich in key data from both the Eurozone and the U.S., crucial from a market perspective. We will hear a series of speeches from European Central Bank representatives and get Eurozone industrial production data, which is expected to rise considerably both year-on-year and month-on-month. The highlight … - [UK GDP surprises to the upside and outperforms US and Eurozone](https://todaymarkets.ae/uk-gdp-surprises-to-the-upside-and-outperforms-us-and-eurozone/): There has been good economic news for the UK this morning. Q1 GDP was stronger than expected last quarter, rising 0.7%, vs. 0.6% expected, the annual rate is now 1.3%, down slightly from the 1.5% in Q4 2024, but still a robust level. The UK economy is now growing at a faster rate than the … - [French Inflation Higher Than Expected](https://todaymarkets.ae/french-inflation-higher-than-expected/): 07:45 AM BST, France – Inflation Data for April: The core annual inflation remains unchanged from 1,3% in March. The main driver of this month’s boosted reading is due to the hike in services (+1,1% MoM), particularly in transportation. The contract for the French blue chip index ceases to rebound from today’s opening, holding onto the 7800 mark. Source: … - [Swiss PPI Falls Further in April](https://todaymarkets.ae/swiss-ppi-falls-further-in-april/): 07:30 AM BST, Switzerland – Inflation Data for April: Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To … - [GBP/JPY: Remains under selling pressure below 194.00, bullish bias prevails](https://todaymarkets.ae/gbp-jpy-remains-under-selling-pressure-below-194-00-bullish-bias-prevails/): The GBP/JPY cross remains under some selling pressure around 193.85 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Pound Sterling (GBP) amid the prospect that the Bank of Japan (BoJ) will hike rates again. Investors will closely watch the preliminary reading of UK Gross Domestic Product (GDP) data for the first quarter … - [USD/CHF trades with negative bias around 0.8400, downside potential seems limited](https://todaymarkets.ae/usd-chf-trades-with-negative-bias-around-0-8400-downside-potential-seems-limited/): The USD/CHF pair struggles to capitalize on the previous day’s modest gains and meets with a fresh supply during the Asian session on Thursday. The intraday downtick is sponsored by the emergence of some US Dollar (USD) selling and drags spot prices back below the 0.8400 mark in the last hour, though it lacks bearish conviction. The … - [XAG/USD breaks below $32.00 with developing bearish bias](https://todaymarkets.ae/xag-usd-breaks-below-32-00-with-developing-bearish-bias/): Silver price (XAG/USD) is extending its losses for the second successive session, trading around $31.90 per troy ounce during the Asian hours on Thursday. Technical analysis of the daily chart indicates a weakening of a bullish outlook, as the precious metal price has broken below the ascending channel pattern. The 14-day Relative Strength Index (RSI) has slipped below … - [XAU/USD price dives to over one-month low, seems vulnerable near $3,150 area](https://todaymarkets.ae/xau-usd-price-dives-to-over-one-month-low-seems-vulnerable-near-3150-area/): Gold price (XAU/USD) drifts lower for the second straight day, also marking its third day of a negative move in the previous four, and drops to over one-month low, below the $3,150 level during the Asian session on Thursday. The optimism led by the de-escalation of a potentially damaging trade war between the US and China … - [JPY sticks to intraday gains; USD/JPY struggles near 146.00 amid softer USD](https://todaymarkets.ae/jpy-sticks-to-intraday-gains-usd-jpy-struggles-near-146-00-amid-softer-usd/): The Japanese Yen (JPY) sticks to its positive bias through the Asian session on Thursday, which, along with the emergence of some US Dollar (USD) selling, exerts some downward pressure on the USD/JPY pair for the third successive day. Japan’s wholesale inflation data released on Wednesday indicated that companies continued to pass on costs to consumers and … - [AUD trims recent gains despite weaker US Dollar ahead of key economic data](https://todaymarkets.ae/aud-trims-recent-gains-despite-weaker-us-dollar-ahead-of-key-economic-data/): The Australian Dollar (AUD) holds gains against the US Dollar (USD) on Thursday after registering a loss of more than 0.50% in the previous session. The AUD/USD pair gained ground as easing global trade tensions boosted demand for risk-sensitive currencies like the Aussie Dollar. The Australian Bureau of Statistics (ABS) reported on Thursday that Employment Change rose to … - [USD/INR softens ahead of US Retail Sales, PPI releases](https://todaymarkets.ae/usd-inr-softens-ahead-of-us-retail-sales-ppi-releases/): The Indian Rupee (INR) strengthens on Thursday. The de-escalation of a trade war between the United States (US) and China, along with the fall in Crude oil prices and the weakness of the US Dollar (USD), provides some support to the Indian currency.  However, the cooler-than-expected India’s retail inflation, which dropped to its lowest level since July 2019, might … - [EUR/USD treads water near 1.1200 ahead of key Eurozone GDP data](https://todaymarkets.ae/eur-usd-treads-water-near-1-1200-ahead-of-key-eurozone-gdp-data/): EUR/USD remains firm around 1.1200 during Thursday’s Asian session, recovering daily losses as the Euro (EUR) gains traction ahead of the preliminary Eurozone Gross Domestic Product (GDP) report for Q1 2025, due later in the day. The Euro’s strength is underpinned by rising confidence in its role as a reserve currency. Analysts at Capital Economics noted that the … - [USD/CAD: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed's Powell](https://todaymarkets.ae/usd-cad-remains-below-1-4000-confluence-hurdle-ahead-of-us-ppi-feds-powell/): The USD/CAD pair struggles to capitalize on the previous day’s goodish rebound from the 1.3900 mark and attracts fresh sellers during the Asian session on Thursday. Spot prices, however, lack bearish conviction and currently trade around the 1.3865 area, down less than 0.10% for the day. The US Dollar (USD) bulls remain on the sidelines ahead of … - [Coffee Prices Sharply Lower on Abundant Supplies and Demand Concerns](https://todaymarkets.ae/coffee-prices-sharply-lower-on-abundant-supplies-and-demand-concerns/): July arabica coffee (KCN25) Wednesday closed down -11.55 (-3.07%), and July ICE robusta coffee (RMN25) closed down -119 (-2.32%). Coffee prices plunged on Wednesday, with arabica posting a 3-week low and robusta posting a 5-week low on increased supply and doubts about demand. Signs of larger global coffee supplies are weighing on coffee prices after … - [Cocoa Prices Mixed as They Consolidate the Recent Rally](https://todaymarkets.ae/cocoa-prices-mixed-as-they-consolidate-the-recent-rally/): July ICE NY cocoa (CCN25) Wednesday closed down -32 (-0.32%), and July ICE London cocoa #7 (CAN25) closed up +8 (+0.11%). Cocoa prices on Wednesday settled mixed as they consolidated this week’s sharp gains that propelled cocoa prices to 2-1/2 month highs on Tuesday. Cocoa prices have rallied sharply over the past week on quality … - [The Sugar Market Is Calling—Answer with These Bold Trades!](https://todaymarkets.ae/the-sugar-market-is-calling-answer-with-these-bold-trades/): Unlike many other crops tied to specific seasonal cycles in one hemisphere, sugar is a unique commodity because it grows in both hemispheres simultaneously. Sugarcane, the primary source of raw sugar, thrives in tropical and subtropical regions, while sugar beets, grown in temperate climates, complement the global supply. This dual-hemisphere production creates a complex supply … - [Cotton Moves Lower](https://todaymarkets.ae/cotton-moves-lower/): Cotton futures saw weakness of 45 to 80 points on Wednesday across most front months. Crude oil prices are trading with losses of $0.78/barrel. The US dollar index is back down $0.074 to $100.873. The Monday online auction from The Seam showed sales of 1,415 bales at an average price of 68.86 cents/lb. The Cotlook … - [Cattle Collapses Lower](https://todaymarkets.ae/cattle-collapses-lower/): Live cattle futures saw some profit taking into the close, with losses of $1.9 to $2.37 after early strength. Cash trade has yet to see much action this week, with light business of $229 in the North. The Wednesday Fed Cattle Exchange Online auction from Central Stockyards saw no sales on the 1,304 head listed, … - [Corn Closes Mixed as Nearbys Turn Higher](https://todaymarkets.ae/corn-closes-mixed-as-nearbys-turn-higher/): Corn futures closed out the Wednesday session with contracts 2 to 3 cents higher in the nearbys, as new crop December was down just ½ cent. May rolled off the board at the close. The nearby CmdtyView national average Cash Corn price was up 3 cents at $4.17 3/4. Rains are expected to be widespread this next … - [Wheat Pulls Out Gains ](https://todaymarkets.ae/wheat-pulls-out-gains/): The wheat market saw some strength on Wednesday, with the winter wheat exchanges posting gains.  Chicago SRW futures were up 7 to 8 cents at the close. Kansas City HRW futures saw contracts 10 to 12 cents higher on Wednesday. Minneapolis spring wheat futures fell to weakness, with contracts down 3 to 4 cents  Rains … - [Soybeans in Positive Territory](https://todaymarkets.ae/soybeans-in-positive-territory/): The soybean market again held onto some gains heading into the Wednesday close, as contracts were up 1 to 5 ¼ cents in most contracts as May expired. The cmdtyView Cash Bean price was up 5 cents to $10.27 3/4. Soymeal futures were down $1.30/ton on the day, with Soy Oil futures 52 to 72 points higher.  USDA’s Export Sales report … - [Crude Prices Pressured as Weekly EIA Crude Inventories Increase](https://todaymarkets.ae/crude-prices-pressured-as-weekly-eia-crude-inventories-increase/): June WTI crude oil (CLM25) Wednesday closed down -0.52 (-0.82%) and June RBOB gasoline (RBM25) closed up +0.0040 (+0.18%). Crude oil and gasoline prices on Wednesday settled mixed, with gasoline climbing to a 6-week high.  Crude prices fell Wednesday after weekly EIA crude inventories unexpectedly increased last week.  Also, comments from President Trump weighed on … - [Nat-Gas Prices Slump as Warm US Temps Expected to Boost Inventories](https://todaymarkets.ae/nat-gas-prices-slump-as-warm-us-temps-expected-to-boost-inventories/): June Nymex natural gas (NGM25) on Wednesday closed down by -0.155 (-4.25%). June nat-gas prices on Wednesday tumbled to a 1-week low and settled sharply lower.  Forecasts for mild US spring temperatures that will reduce demand for air-conditioning are weighing on nat-gas prices.  Forecaster Vaisala said Wednesday that weather forecasts shifted cooler for May 19-23 … - [XAU/USD - Gold Slumps 2.5%](https://todaymarkets.ae/xau-usd-gold-slumps-2-5/): Gold loses pressured by easing trade tensions and uncertain effect of Russia-Ukraine talks 🚩 Increasing appetite for risky assets, easing trade tensions and still high 10-year US treasuries yield at 4.5% are still pressuring momentum on gold (GOLD), which is losing 2.1% today. Today, Donald Trump announced that there can be news about Russia-Ukraine, however we … - [Semiconductors And AI on The Rise -Nvidia Gains 3%](https://todaymarkets.ae/semiconductors-and-ai-on-the-rise-nvidia-gains-3/): AI and semiconductor stocks are gaining significantly ahead of the open on Wall Street, extending a strong rally following a recent broad-market sell-off after U.S. President Donald Trump secured $600 billion in commitments from Saudi Arabia for U.S. tech companies during a tour of the Gulf states. Nvidia (NVDA.US) has agreed to sell hundreds of thousands of … - [WTI: Bulls have the upper hand while above $62.00/200-period SMA on H4](https://todaymarkets.ae/wti-bulls-have-the-upper-hand-while-above-62-00-200-period-sma-on-h4/): West Texas Intermediate (WTI) US Crude Oil prices remain depressed through the early European session on Wednesday and for now, seem to have snapped a four-day winning streak to mid-$63.00s, or over a two-week high touched the previous day. The commodity currently trades around the $62.85 region, down nearly 0.60% for the day, though the intraday downtick … - [GBP grips gains against US Dollar after softer-than-expected US inflation data](https://todaymarkets.ae/gbp-grips-gains-against-us-dollar-after-softer-than-expected-us-inflation-data/): The Pound Sterling (GBP) trades firmly around 1.3300 against the US Dollar (USD) in Wednesday’s European session, near Tuesday’s high. The GBP/USD pair clings to gains as the US Dollar retreats after the release of the softer-than-expected United States (US) Consumer Price Index (CPI) data for April on Tuesday. US headline inflation fell to 2.3% year-on-year, the lowest level … - [USD/CAD stays below 1.3950 due to potential widening of US-Canada yield spread](https://todaymarkets.ae/usd-cad-stays-below-1-3950-due-to-potential-widening-of-us-canada-yield-spread/): USD/CAD remains subdued for the second consecutive session, hovering near 1.3930 during early European trading on Wednesday. The US Dollar (USD) lost ground after April’s Consumer Price Index (CPI) figures came in below forecasts, prompting a shift in market sentiment. The headline CPI rose 2.3% year-over-year in April, slightly down from 2.4% in March and below market expectations. Core CPI, which … - [Wheat Sees Positive Action](https://todaymarkets.ae/wheat-sees-positive-action/): The wheat market saw Turnaround Tuesday action, with winter wheats posting gains.  Chicago SRW futures turned higher on Tuesday, with nearbys closing up 2 cents. Kansas City HRW futures closed with 3 to 4 cent gains. Minneapolis spring wheat futures saw continued weakness, with losses of 3 to 4 cents.  The weekly Crop Progress update … - [Chart of The Day - S&P500](https://todaymarkets.ae/chart-of-the-day-sp500/): U.S. indices have almost fully recovered the losses triggered by the onset of the trade war initiated by Donald Trump. Even the recent progress in trade negotiations—despite the lack of finalized agreements—was enough to lift investor sentiment and boost stock prices. Yesterday, an additional catalyst came from the historic deal between the U.S. and Saudi Arabia, … - [Soybeans Rally from Early Weakness](https://todaymarkets.ae/soybeans-rally-from-early-weakness/): Soybeans saw contracts pulling well off their lows on Tuesday, with contracts up 1 to 2 cent sin the nearbys. The cmdtyView Cash Bean price was up 1 3/4 cents to $10.22 3/4. Soymeal futures were down $3.80 to $5.20 so far on the day, with Soy Oil futures rallying 116 to 161 points into the close. Bean oil strength in … - [Gold Climbs to Two-Week High](https://todaymarkets.ae/gold-climbs-to-two-week-high/): Gold rose more than 1% to around $4,050 per ounce on Monday, reaching a two-week high amid mounting concerns over the US economy. The yellow metal also benefited from a pullback in the dollar, which makes dollar-denominated commodities cheaper for foreign buyers. On Friday, the University of Michigan’s consumer sentiment index fell to its lowest … - [Dollar Steadies as Govt Shutdown Nears End](https://todaymarkets.ae/dollar-steadies-as-govt-shutdown-nears-end/): The dollar index steadied around 99.6 on Monday after falling for three straight sessions, buoyed by signs that a deal may be emerging to end the record-long government shutdown. Senate Majority Leader John Thune said Sunday that a federal budget agreement is taking shape, potentially reopening the government through January and reversing some recent federal … - [Yen Weakens on Stimulus Expectations](https://todaymarkets.ae/yen-weakens-on-stimulus-expectations/): The Japanese yen depreciated toward 154 per dollar on Monday, nearing nine-month lows amid expectations that the new administration will push for a massive stimulus package and support accommodative monetary policy. A draft outline of the plan indicated that Prime Minister Sanae Takaichi’s government will urge the central bank to prioritize strong economic growth alongside … - [Hong Kong Stocks Trade Higher to Begin the Week](https://todaymarkets.ae/hong-kong-stocks-trade-higher-to-begin-the-week/): Hong Kong shares increased 115 points, or 0.4%, to 26,352 in Monday morning trade, rebounding from prior losses as consumer and property stocks led gains. Sentiment improved after China’s October consumer prices unexpectedly rose 0.2% yoy, the first gain since June, fueled by holiday spending and expanded trade-in programs. Producer prices also declined at the … - [South Korean Shares Rally on Risk-On Mood](https://todaymarkets.ae/south-korean-shares-rally-on-risk-on-mood/): The KOSPI Composite Index rallied nearly 3% to above 4,050 on Monday, recovering more than half of the losses from last week as global risk sentiment improved amid hopes for an end to the record-long US government shutdown. Last week, global stocks came under pressure, with technology shares bearing the brunt due to mounting concerns … - [China Stocks Fall for Second Session](https://todaymarkets.ae/china-stocks-fall-for-second-session/): The Shanghai Composite fell 0.1% to around 3,995 while the Shenzhen Component lost 0.4% to 13,350 on Monday, with mainland stocks sliding for the second straight session as stronger-than-expected inflation data dampened hopes for near-term policy support. Data released over the weekend showed that consumer prices in China unexpectedly rose 0.2% in October, rebounding from … - [US 10-Year Yield Rises as Govt Shutdown Nears End](https://todaymarkets.ae/us-10-year-yield-rises-as-govt-shutdown-nears-end/): The 10-year Treasury yield climbed 3 basis points to around 4.13% on Monday amid signs that a deal may be emerging to end the record-long government shutdown. Senate Majority Leader John Thune said Sunday that a federal budget agreement is taking shape, potentially reopening the government through January and reversing some recent federal layoffs. Reports … - [Japan 10-Year Yield Edges Higher](https://todaymarkets.ae/japan-10-year-yield-edges-higher/): Japan’s 10-year government bond yield climbed to 1.69%, approaching 17-year highs, as the Bank of Japan’s October Summary of Opinions indicated policymakers see the next rate hike on the horizon, closely monitoring domestic wage trends. Markets are now weighing the possibility of a move in December or January, depending on whether corporate earnings and executive … - [DAX40- German Index Below 100 Day EMA](https://todaymarkets.ae/dax40-german-index-below-100-day-ema/): The first phase of this week’s final session on the European stock exchange brings significant declines in all local stock indices. The U50 contract is down 0.92%, while the DE40 is down 1.06%. Importantly, the German D40 is breaking below a key support zone, possibly paving the way for deeper sell-offs. Source: xStation Current volatility … - [A Weak Start to November For Global Stocks](https://todaymarkets.ae/a-weak-start-to-november-for-global-stocks/): Global stock indices are heading towards a weekly loss after pockets of volatility have knocked market sentiment. The S&P 500 is lower by 1.5% in the last 5 trading sessions, and if this persists then the US blue chip index could experience its first weekly loss in a month. Fears about high AI stock valuations … - [Trade of The Day - EUR/USD](https://todaymarkets.ae/trade-of-the-day-eur-usd/): Facts Recommendation Long position on EURUSD at market price Opinion The EURUSD has been under heavy selling pressure recently, but the chart now shows early signs of stabilization. The pair rebounded after touching the 200-day exponential moving average (EMA 200) — marked in red on the chart. Recent European PMI data exceeded expectations, while the ongoing U.S. government shutdown and the highest number of … - [More Expesive Chips And Devices, TSMC Set to Increase Prices](https://todaymarkets.ae/more-expesive-chips-and-devices-tsmc-set-to-increase-prices/): Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has announced an 8 to 10 percent increase in prices for its most advanced processors, effective from 2026. The changes will affect chips used in flagship smartphones, high-performance computers, and artificial intelligence systems, including Apple processors and key chips from major Android manufacturers. The largest cost … - [Bullish Hensoldt on Backlog And Growth Plans](https://todaymarkets.ae/bullish-hensoldt-on-backlog-and-growth-plans/): Hensoldt shares are rising following the publication of results for the first nine months of 2025, in which the company revealed a record order backlog and confirmed its strong position in the defense and technology sectors. The record backlog of €7.1 billion provides solid revenue visibility for the coming years and demonstrates that Hensoldt is capable of … - [Bitcoin - Technical Analysis](https://todaymarkets.ae/bitcoin-technical-analysis/): Bitcoin’s price has recently fallen to around $100,000, where it encountered buying interest and initially recovered, rising to approximately $104,000. However, following declines on Wall Street yesterday, Bitcoin dropped again toward $101,000, and we now see that the bearish sentiment persists across the broader cryptocurrency market. Looking at previous correction patterns, we can observe that each pullback has been very … - [China Trade Surplus Smallest in 8 Months](https://todaymarkets.ae/china-trade-surplus-smallest-in-8-months/): China’s trade surplus came in at USD 90.07 billion in October, smaller than expectations of USD 95.6 billion and below the USD 95.72 billion recorded in the same month last year. It marked the smallest trade surplus since February, as exports unexpectedly fell while imports rose. Exports fell 1.1% yoy, missing forecasts for a 3% … - [Offshore Yuan Falls on Disappointing Trade Data](https://todaymarkets.ae/offshore-yuan-falls-on-disappointing-trade-data/): The offshore yuan weakened to around 7.12 per dollar on Friday, reversing gains from the previous session as China’s unexpected export contraction weighed on an economy facing a year-end slowdown. Exports fell for the first time in eight months in October 2025, reaching its lowest level since February, with shipments to the US plunging for … - [New Zealand Stocks Rebound](https://todaymarkets.ae/new-zealand-stocks-rebound/): New Zealand’s benchmark S&P/NZX 50 index rose 0.2% to end at 13,599 on Friday, rebounding from the prior session’s losses, with utility and healthcare stocks leading the gains. Market sentiment remained supported by expectations of further policy easing from the Reserve Bank of New Zealand, after soft labor market data earlier this week strengthened the … - [GBP/USD extends much-needed recovery as Cable recovers 1.31](https://todaymarkets.ae/gbp-usd-extends-much-needed-recovery-as-cable-recovers-1-31/): GBP/USD climbed on Thursday, driven into the high side by over-extended bearish price action that has plagued the pair, as well as a surprisingly close Bank of England (BoE) vote on interest rate moves that gave investors hope that the BoE might be moving to support the UK’s flagging economy despite still-high inflation metrics. The BoE’s … - [WTI drifts higher above $59.50 on weaker US Dollar, fears of oil glut might cap its upside](https://todaymarkets.ae/wti-drifts-higher-above-59-50-on-weaker-us-dollar-fears-of-oil-glut-might-cap-its-upside/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.60 during the Asian trading hours on Friday. The WTI recovers some lost ground on the weaker US Dollar (USD). However, the potential upside might be limited amid increasing excess supply concerns. Traders’ concerns increase about surplus oil flooding the market, weighing on the WTI price. Data … - [XAG/USD rises to near $48.50 as Fed rate cut bets increase](https://todaymarkets.ae/xag-usd-rises-to-near-48-50-as-fed-rate-cut-bets-increase/): Silver price (XAG/USD) gains ground after recovering losses registered in the previous session, trading around $48.40 per troy ounce during the Asian hours on Friday. The non-interest-bearing Silver attracts buyers after soft United States (US) Challenger Job Cuts data increased the likelihood of the Federal Reserve (Fed) delivering a 25-basis-point rate cut in December. Challenger, Grey & Christmas … - [Gold draws support from safe-haven flows and Fed rate cut bets](https://todaymarkets.ae/gold-draws-support-from-safe-haven-flows-and-fed-rate-cut-bets/): Gold (XAU/USD) attracts fresh buyers following the previous day’s late pullback from the vicinity of the weekly high and trades around the $4,000 psychological mark during the Asian session on Friday. Concerns about the economic fallout from a prolonged US government shutdown, along with the uncertainty over the legality of US President Donald Trump’s tariffs, temper … - [EUR/JPY loses traction to near 176.50 despite ECB’s cautious stance](https://todaymarkets.ae/eur-jpy-loses-traction-to-near-176-50-despite-ecbs-cautious-stance/): The EUR/JPY cross loses ground around 176.60 during the Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar on minutes of the Bank of Japan’s (BoJ) September policy meeting and verbal intervention from Japanese officials. Minutes from the Bank of Japan’s (BoJ) September meeting revealed on Wednesday that an increasing number … - [Australian Dollar remains subdued following China’s Trade Balance data](https://todaymarkets.ae/australian-dollar-remains-subdued-following-chinas-trade-balance-data/): Australian Dollar (AUD) declines against the US Dollar (USD) on Friday, extending its losses for the second successive session. The AUD/USD pair loses ground as China’s Trade Balance arrived at CNY640.4 billion for October, narrowing from the previous figure of CNY645.47 billion. China’s Exports fell 0.8% year-over-year (YoY) in October against 8.4% in September. Meanwhile, imports rose … - [NZD/USD drifts lower below 0.5650 as China’s Trade Surplus narrows in October](https://todaymarkets.ae/nzd-usd-drifts-lower-below-0-5650-as-chinas-trade-surplus-narrows-in-october/): The NZD/USD pair attracts some sellers near 0.5620 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after a narrowing of China’s trade surplus in October and a weak New Zealand jobs report. Traders brace for the flash U-Mich Consumer Sentiment survey later on Friday. Data released … - [USD/CAD remains above 1.4100 near six-month highs despite Fed rate cut odds](https://todaymarkets.ae/usd-cad-remains-above-1-4100-near-six-month-highs-despite-fed-rate-cut-odds/): USD/CAD continues its winning streak that began on October 30, trading around 1.4120 during the Asian hours on Friday. The pair remains near the six-month high of 1.4140, reached on November 5, as the US Dollar (USD) rebounds after posting losses in the previous session. Traders will likely observe the preliminary Michigan Consumer Sentiment Index data … - [Japanese Yen consolidates as BoJ rate hike uncertainty persist after weak data](https://todaymarkets.ae/japanese-yen-consolidates-as-boj-rate-hike-uncertainty-persist-after-weak-data/): The Japanese Yen (JPY) is seen consolidating the previous day’s strong gains against its American counterpart and oscillating in a range during the Asian session on Friday amid mixed cues. Against the backdrop of Japan’s new Prime Minister Sanae Takaichi’s pro-stimulus stance, the disappointing release of Japan’s Household Spending data fueled speculations that the Bank … - [Cattle Extend Weakness](https://todaymarkets.ae/cattle-extend-weakness/): Live cattle futures were down 85 cents to $1.75 in the nearbys on Thursday. The Thursday morning Central Stockyards Fed Cattle online auction showed no sales on the 1,228 head offered, with bids at $226-228. Outside of that, Northern sales have been reported at $230-230.50, with $232 Southern sales this week. Feeder cattle fell lower … - [Wheat Sees Selling as Bears Sold the Fact](https://todaymarkets.ae/wheat-sees-selling-as-bears-sold-the-fact/): The wheat market sold the fact of China purchases on Thursday, with losses across most contracts. CBT soft red wheat futures were 18 to 20 cents in the red across most contracts.  KC HRW futures fell 16 to 18 cents in the front months on Thursday. MPLS spring wheat futures were mixed, with nearby December … - [Soybeans Collapse](https://todaymarkets.ae/soybeans-collapse/): Soybeans were falling for much of the Thursday session with contracts closing 24 to 28 cents in the red. There were another 377 deliveries issued overnight, taking the total to 1,470 for the month. The cmdtyView national average Cash Bean price was 26 3/4 cents lower at $10.34. Soymeal futures were down $9.80 to $12.50 in the front months, … - [Corn Falls Back](https://todaymarkets.ae/corn-falls-back/): Corn futures posted losses of 6 to 7 cents across the nearbys to close out the Thursday session. The CmdtyView national average Cash Corn price was down 6 1/4 cents to $3.89 3/4.  China reportedly purchased a cargo of US sorghum overnight. Analysts estimated that US exporters sold 0.8-2 MMT of corn in the week ending on … - [Coffee Prices Sharply Lower on Brazil Rains and Robust Vietnam Exports](https://todaymarkets.ae/coffee-prices-sharply-lower-on-brazil-rains-and-robust-vietnam-exports/): December arabica coffee (KCZ25) on Thursday closed down -16.85 (-4.07%), and January ICE robusta coffee (RMF26) closed down -156 (-3.33%). Coffee prices sold off sharply on Thursday, with robusta falling to a 1-week low.  Forecasts of steady showers over the next week in Brazil have eased concerns over dry conditions and hammered arabica coffee prices. … - [Cocoa Prices Retreat as the Supply Outlook Improves](https://todaymarkets.ae/cocoa-prices-retreat-as-the-supply-outlook-improves/): December ICE NY cocoa (CCZ25) on Thursday closed down -211 (-3.30%), and December ICE London cocoa #7 (CAZ25) closed down -141 (-3.08%). Cocoa prices settled sharply lower for a second day on Thursday amid expectations of a bumper cocoa crop in West Africa.  Reports from Ivory Coast cocoa farmers stated that cocoa trees are doing … - [Sugar Prices Gain on Short Covering as the Brazilian Real Rallies](https://todaymarkets.ae/sugar-prices-gain-on-short-covering-as-the-brazilian-real-rallies/): March NY world sugar #11 (SBH26) on Thursday closed up +0.08 (+0.57%), and December London ICE white sugar #5 (SWZ25) closed up +0.20 (+0.05%). Sugar prices recovered from early losses and moved higher on Thursday as strength in the Brazilian real sparked short covering in sugar futures.  The real (^USDBRL) climbed to a 4-week high … - [Chart of The Day - GOLD](https://todaymarkets.ae/chart-of-the-day-gold-4/): Gold has surged back above $4,000 per ounce, reaching its highest level since the start of the week. The price increase is largely attributable to heightened turbulence across financial markets and growing uncertainty surrounding the US economy. While the recent ADP and ISM reports indicated strong data, today’s Challenger report showed a significant increase in the number of planned … - [Rheinmetall Earnings - Investors Welcome Soaring Sales](https://todaymarkets.ae/rheinmetall-earnings-investors-welcome-soaring-sales/): The German group Rheinmetall published its results today. The European arms manufacturer has seen spectacular growth in revenues and valuations in recent quarters. Riding the wave of massive increases in military spending by European countries, the company’s valuations are reaching record after record. Investor expectations are growing, and valuation metrics leave little room for error … - [BOE Review](https://todaymarkets.ae/11490-2/): BOE’s dovish hold, as December rate cut bets surge The Bank of England voted to keep rates on hold today, but there could be rate cuts coming as soon as next month. The most interesting part of this meeting was the vote split, which was 5-4 in favour of remaining on hold. Also, for the … - [Trade of The Day - NZD/CAD](https://todaymarkets.ae/trade-of-the-day-nzd-cad/): Facts:NZDCAD has been trading in a downward trend from the end of OctoberThe pair bounced off the key horizontal resistance at 0.7995 Recommendation: Trade: Short position on NZDCAD at market priceTarget: 0.7953, 0.7932Stop: 0.8005 Opinion: NZDUSD has been trading in a downward trend recently. However, local upward correction  started this week. Looking at the H4 time frame, … - [Rice Futures Hit 2018-Lows](https://todaymarkets.ae/rice-futures-hit-2018-lows/): Rice futures continued their decline to trade just below $10 per hundredweight, reaching the lowest since September 2018, amid expectations of global oversupply. Supply remains abundant due to bumper harvests in major Asian exporters, particularly India, which experienced its strongest monsoon in five years. In other countries such as China, Thailand, Indonesia and Vietnam, stocks … - [DXY Falls Below the 100 Threshold](https://todaymarkets.ae/dxy-falls-below-the-100-threshold/): The dollar index eased to below the 100 threshold on Thursday, easing from the five-month high of 100.3 in the prior session after alarming labor data aligned with the argument for a rate cut by the Federal Reserve this month. Challenger job cuts tripled from the previous month in October with firms citing softer consumer … - [US Futures Edge Up](https://todaymarkets.ae/us-futures-edge-up/): US futures edged higher on Thursday, with the three major indexes up around 0.1%, extending gains from the previous session. Traders continued to weigh the outlook for AI stocks and fresh corporate updates, while expectations for a Fed rate cut next month strengthened following the latest Challenger report. According to the report, US companies announced … - [UK 10-Year Gilt Yield Falls as BoE Hints at Further Easing](https://todaymarkets.ae/uk-10-year-gilt-yield-falls-as-boe-hints-at-further-easing/): The UK 10-year gilt yield slipped to 4.43% after the Bank of England left interest rates unchanged but signaled that policy easing may be on the horizon. Policymakers voted 5–4 to maintain the Bank Rate at 4%, noting that inflation has likely peaked. The close split, with four members backing a 25 bps cut to … - [FTSE 100 Holds Losses after BoE](https://todaymarkets.ae/ftse-100-holds-losses-after-boe/): The FTSE 100 slipped slightly on Thursday as mixed earnings weighed on sentiment following the Bank of England’s policy decision. The BoE held rates at 4% in a razor-thin vote, signaling that a December cut is possible if inflation continues to ease. Smith & Nephew tumbled more than 11% after a minor revenue miss, and … - [Zinc Eases from 1-Year High](https://todaymarkets.ae/zinc-eases-from-1-year-high/): Zinc futures in the UK eased to $3,060 per tonne from the near one-year high of $3,310 from November 3rd, tracking a broad pullback for base metals as soft manufacturing PMIs in China and the US pressed against industrial sentiment. Still, reductions in zinc refining capacity maintained most of the metal’s rally since April. Refined … - [October US Job Cuts Reach 22-Year High](https://todaymarkets.ae/october-us-job-cuts-reach-22-year-high/): US-based employers announced 153,074 job cuts in October 2025, the highest total for the month since 2003, and the highest total for a single month in the fourth quarter since 2008. It compares with 54,064 in September. Most layoffs occurred in the warehousing (47,878), tech (33,281), food (10,662) and government (7,883) sectors. “October’s pace of … - [Economic Calendar - BOE Rate Decision in Focus](https://todaymarkets.ae/economic-calendar-boe-rate-decision-in-focus/): The macroeconomic calendar is heavily populated today, with the Bank of England (BoE) interest rate decision serving as the key market focal point. Earlier data releases included Japanese wage growth, Australia’s trade balance, Swedish inflation, and German industrial production. Besides the scheduled publications, investors will hear from several central bankers attending the ECB-hosted conference. Data from Germany proved very … - [German Industrial Production Lower Than Expected](https://todaymarkets.ae/german-industrial-production-lower-than-expected/): Germany Industrial Production for September: 1.3% MoM (forecast: 3.0% MoM; prior: -4.3% MoM) Germany Indsutrial Production Year-over-Year SA: -1,0% (forecast: 0.1%; prior: -4.2%) Data showed that industrial production in Germany rebounded much smaller than expected in September, after huge decrease in August which was the highest since March 2022. Another report shows that Germany still … - [ARM Reports Record Quartely Results](https://todaymarkets.ae/arm-reports-record-quartely-results/): ARM Holdings Plc shares are rising in pre-market trading after the company reported record quarterly results, driven by strong demand for processors in data centers, artificial intelligence (AI), and mobile devices. Key figures for ARM’s Q3 2025 results: Results and business model The company’s latest report, together with recent statements from management, highlights a period … - [Today Markets - BOE Preview](https://todaymarkets.ae/today-markets-boe-preview/): BOE preview: Bank likely on hold, but chorus calling for a cut get louder This is a busy week for the UK. There has been a large amount of corporate news, then the Chancellor Rachel Reeves paved the way for tax rises at this month’s budget. However, the main event this week is the Bank … - [China to Drop Duties on US Optical Fiber Imports](https://todaymarkets.ae/china-to-drop-duties-on-us-optical-fiber-imports/): China will remove tariffs on certain US optical fiber imports starting November 10, according to an announcement by the Ministry of Commerce on Wednesday. The decision comes amid easing trade tensions between Washington and Beijing. “Following the implementation of these measures, and given the changes in the trade environment, the Ministry of Commerce proposed to … - [Aussie Dollar Holds Ground on Robust Trade Data](https://todaymarkets.ae/aussie-dollar-holds-ground-on-robust-trade-data/): The Australian dollar steadied around $0.651 on Thursday, holding its recent gain, as stronger-than-expected trade data supported sentiment. Australia’s trade surplus widened sharply to AUD 3.94 billion in September from a revised AUD 1.11 billion in August, beating forecasts of AUD 3.85 billion. The improvement was driven by a 7.9% jump in exports, led by … - [Japan Services PMI Revised Upward](https://todaymarkets.ae/japan-services-pmi-revised-upward/): The S&P Global Japan Services PMI came in at 53.1 in October 2025, above the flash estimate of 52.4 but slightly below September’s 53.3, signaling a continued expansion in the services sector. New orders rose at the slowest pace in 16 months, while foreign demand declined further, though the rate of contraction eased to a … - [Australia Exports Rebound in September](https://todaymarkets.ae/australia-exports-rebound-in-september/): Australia’s goods exports rose 7.9% mom to AUD 44.58 billion in September 2025, rebounding from an upwardly revised 8.7% decline in August. The recovery was largely driven by a 62.2% surge in non-monetary gold shipments to AUD 5.34 billion, amid soaring prices, recovering from a 47.2% plunge in August. Exports of non-rural goods increased 3.7% … - [Oil Hovers at Two-Week Low](https://todaymarkets.ae/oil-hovers-at-two-week-low/): WTI crude oil futures hovered below $60 per barrel on Thursday, holding a two-day decline to a two-week low, as a large inventory build amplified concerns about oversupply. Government data showed that US crude stocks surged by more than 5 million barrels last week, marking the biggest increase since July. However, US gasoline inventories fell … - [Dollar Eases as Risk Appetite Improves](https://todaymarkets.ae/dollar-eases-as-risk-appetite-improves/): The dollar index slipped to around 100 on Thursday, retreating from over five-month highs as stronger risk sentiment curbed demand for the safe-haven currency. Still, upbeat US economic data and the Federal Reserve’s cautious stance on further policy easing lent support to the greenback. The ADP report showed that US private employers added more jobs … - [South Korean Stocks Climb on Big-Cap Gains](https://todaymarkets.ae/south-korean-stocks-climb-on-big-cap-gains/): The benchmark KOSPI rose 0.54% to around 4,026 on Thursday, trimming losses from previous sessions as large-cap stocks rebounded following a sharp sell-off, buoyed by overnight gains on Wall Street. Notable gains were SK Hynix (2.42%), LG Energy Solution (4.96%), and KB Financial Group (4.36%), while Samsung Electronics (-0.60%) and Doosan Enerbility (-3.95%) posted losses. … - [Yen Rises Amid Firm Wage Data](https://todaymarkets.ae/yen-rises-amid-firm-wage-data/): The Japanese yen strengthened past 154 per dollar on Thursday, recovering from the previous session’s losses as steady wage growth reinforced expectations that the Bank of Japan will stay on its tightening path. Nominal wages rose 1.9% in September, up from a 1.5% gain in August, supported by stable base pay and a modest rise … - [Hong Kong Stocks Rally on Wall Street Rebound](https://todaymarkets.ae/hong-kong-stocks-rally-on-wall-street-rebound/): Hong Kong equities climbed 309 points, or 1.2%, to 26,245 in early Thursday trading, rebounding from a muted close in the prior session amid broad-based sector gains. Sentiment improved after Wall Street bounced back overnight, as upbeat U.S. private payrolls data helped ease concerns over stretched AI valuations. Mainland shares also rose further after Premier … - [China Stocks Rise for Second Day](https://todaymarkets.ae/china-stocks-rise-for-second-day/): The Shanghai Composite climbed 0.5% to around 3,990 while the Shenzhen Component advanced 1.2% to 13,380 on Thursday, marking a second straight session of gains as a rebound on Wall Street overnight lifted global risk appetite. Investors also awaited China’s October trade and inflation data due later this week for signals on economic momentum, even … - [Gold Holds Around $3,980](https://todaymarkets.ae/gold-holds-around-3980/): Gold prices traded around $3,980 per ounce on Thursday, moving within a tight range near a four-week low as investors continued to scale back bets on US rate cuts. US private payrolls rose by 42,000 in October, exceeding forecasts of a 25,000 increase, while the ISM Services PMI climbed to an eight-month high. The figures … - [Cattle Close with Limit Losses Across the Board](https://todaymarkets.ae/cattle-close-with-limit-losses-across-the-board/): Live cattle futures fell the $7.25 limit on Wednesday as longs continue to flood the exits. The Central Stockyards Fed Cattle online auction showed no sales on the 1,228 head offered, with bids at $228-230.50. Outside of that, Northern sales were reported at 230-230.50, with $232 Southern sales. Feeder cattle posted the $9.25 limit losses … - [Winter Wheat Leads the Bulls](https://todaymarkets.ae/winter-wheat-leads-the-bulls/): The wheat market saw mixed action on Wednesday with contracts tallying in the winter wheats. CBT soft red wheat futures were up 4 to 6 cents at the close.  KC HRW futures saw gains of 3 to 5 cents across most contracts. MPLS spring wheat futures closed the Wednesday session with contracts down a penny. … - [Corn Rallies, Helped by Record Ethanol Output](https://todaymarkets.ae/corn-rallies-helped-by-record-ethanol-output/): Corn futures pushed higher into the close on Wednesday with contracts up 3 to 5 cents across the front months. A record ethanol grind number helped. The CmdtyView national average Cash Corn price was up 3 ½ cents to $3.96.  EIA reported ethanol production at a record 1.123 million barrels per day, up 32,000 bpd from the … - [Soybeans Bulls Push Back Higher](https://todaymarkets.ae/soybeans-bulls-push-back-higher/): Soybeans posted double digit rebounds on Wednesday, with contracts up 11 to 15 cents at the close. There were another 5 deliveries issued overnight, taking the total to 1,093 for the month. The cmdtyView national average Cash Bean price was 13 1/4 cents higher at $10.60 3/4. Soymeal futures were back up $4.40 to $7.40 on the day, with Soy … - [Global Weather Risks Underpin Coffee Prices](https://todaymarkets.ae/global-weather-risks-underpin-coffee-prices/): December arabica coffee (KCZ25) on Wednesday closed up +8.35 (+2.06%), and January ICE robusta coffee (RMF26) closed up +5 (+0.11%). Coffee prices moved higher on Wednesday, with arabica up sharply at a 1.5-week high.  Concerns that adverse weather events worldwide will disrupt global coffee production are underpinning coffee prices.  Somar Meteorologia reported Monday that Brazil’s … - [Cocoa Prices Pressured by Expectations of a Bumper Crop in West Africa](https://todaymarkets.ae/cocoa-prices-pressured-by-expectations-of-a-bumper-crop-in-west-africa/): December ICE NY cocoa (CCZ25) on Wednesday closed down -204 (-3.09%), and December ICE London cocoa #7 (CAZ25) closed down -189 (-3.97%). Cocoa prices fell sharply on Wednesday amid expectations of a bumper cocoa crop in West Africa.  Reports from Ivory Coast cocoa farmers stated that cocoa trees are doing well, and recent dry weather … - [Stronger Sugar Output in India Knocks Sugar Prices Lower](https://todaymarkets.ae/stronger-sugar-output-in-india-knocks-sugar-prices-lower/): March NY world sugar #11 (SBH26) on Wednesday closed down -0.11 (-0.77%), and December London ICE white sugar #5 (SWZ25) closed down -0.70 (-0.17%). Sugar prices retreated on Wednesday, with NY sugar posting a 5-year nearest-futures low.  Signs of a larger sugar crop in India, the world’s second-largest producer, are undercutting prices after the India … - [Cotton futures saw mixed trade ](https://todaymarkets.ae/cotton-futures-saw-mixed-trade/): Cotton futures saw mixed trade on Wednesday, with contracts down 2 to 3 cents higher at the close. Crude oil futures were down 96 cents/barrel to $59.60 in the day, with the US dollar index down $0.065 to $100.005. The Tuesday online auction from The Seam showed 729 bales sold with an average price of … - [McDonald's shares rise 3% after Reporting It's Q3 Results](https://todaymarkets.ae/mcdonalds-shares-rise-3-after-reporting-its-q3-results/): McDonald’s shares rise 3% after the company reported mixed results for its third quarter of 2025. Investors are viewing the comparable sales performance positively in an environment where the sector is struggling to grow. Key figures from McDonald’s Q3 2025 results McDonald’s holds its own in a challenging market environment McDonald’s shares rose at the … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-3/): The EUR/USD pair is currently trading at around 1.1481 USD per euro. The market is being shaped by multiple factors from both Europe and the US. Despite positive signals from the eurozone economy, the dominant strength of the dollar and key macroeconomic data from the US are setting the tone for trading. Additionally, the ongoing US … - [Arista Networks (ANET.US)  Drops 12% Despite Solid Earnings](https://todaymarkets.ae/arista-networks-anet-us-drops-12-despite-solid-earnings/): Despite stronger-than-expected revenue and profit in Q3 2025, shares of Arista Networks (ANET.US) — a leader in network switches and software for data centers — fell roughly 12% in the initial market reaction. Below are the key highlights from Arista’s third-quarter 2025 report. Year-to-date, the stock remains up over 40%, having rebounded nearly 60% since its April low. The decline reflects the … - [European Stocks Under Tech Pressure](https://todaymarkets.ae/european-stocks-under-tech-pressure/): European stocks start Wednesday, November 5, 2025, lower, following a correction in the U.S. market, where technology shares are sharply down. The German DAX index is down around 0.5%, the French CAC 40 falls 0.2%, and the British FTSE 100 about 0.1%. Weakness in the European market continues the trend from the U.S. and Asia, where investors are … - [BMW Margins in Q3 Higher Than Expected](https://todaymarkets.ae/bmw-margins-in-q3-higher-than-expected/): The BMW Group (BMW.DE) reported solid results for the third quarter of 2025 with pre-tax profit of €2.329 billion (compared to €838 million in Q3 2024), representing an increase of 178%. Revenue remained at the previous year’s level of €32.314 billion. For the first nine months of 2025, revenues fell by 5.6% to €99.999 billion, while … - [Trade of The Day - AUD/USD](https://todaymarkets.ae/trade-of-the-day-aud-usd-2/): Facts: Recommendation: Trade: Short position on AUDUSD at market priceTarget: 0.6465, 0.6447Stop: 0.6508 Opinion: AUDUSD has been trading in a downward move recently. Looking at the H1 interval, one can see that the price bounced off the key 0.6500 resistance area. The red area near the 0.6500 handle on the chart below is marked with previous … - [Commodity Talk - Oil, NATGAS, Gold And Cocoa](https://todaymarkets.ae/commodity-talk-oil-natgas-gold-and-cocoa/): Oil Oil inventories are markedly below last year’s levels and the five-year minimum. Weak US stocks, despite the global surplus, suggest high net exports, potentially narrowing the WTI/Brent spread. Source: Bloomberg Finance LP, XTB. Seasonality indicates a local trough in the oil market in late November. Source: Bloomberg Finance LP, XTB. Gold ETFs continue to sell gold, albeit at … - [CAC 40, DAX And FTSE Move Lower](https://todaymarkets.ae/cac-40-dax-and-ftse-move-lower/): CAC 40 Slides to Three-Week Low The CAC 40 fell 1.2% on Tuesday to around 8,010 points, marking its lowest level since October 14. The French benchmark extended the previous session’s losses, erasing part of October’s 2.9% gain, its strongest monthly performance since January 2025, as a broader risk-off sentiment spread across global markets. Investor … - [UK Yields Dip as Reeves Flags Tough Choices](https://todaymarkets.ae/uk-yields-dip-as-reeves-flags-tough-choices/): The UK 10-year gilt yield dipped to 4.39% before edging back above 4.40%, staying close to its lowest level since December 2024. Investors weighed Finance Minister Rachel Reeves’ pre-budget remarks while awaiting the Bank of England’s policy announcement on Thursday. In a rare speech just three weeks before the November budget, Reeves cautioned that the … - [US Futures Sharply Lower](https://todaymarkets.ae/us-futures-sharply-lower/): US futures traded sharply lower on Tuesday, with contracts on the S&P 500 down 1.1%, the Nasdaq 100 falling 1.4%, and Dow Jones futures slipping more than 400 points. The decline followed a mixed session on Monday, as the recent AI-driven rally showed signs of fatigue and investors digested a fresh batch of corporate earnings. … - [US Treasury Yields Edge Down](https://todaymarkets.ae/us-treasury-yields-edge-down/): The yield on the US 10-year Treasury note fell to 4.08% on Tuesday, retreating from nearly four-week highs reached on Monday, due to lower-than-expected government borrowing estimates and mixed signals from Fed officials. The US Treasury Department said it now expects to borrow $569 billion in Q4, $21 billion less than projected in July 2025, … - [France’s Yields Steady as Budget Talks Drag On](https://todaymarkets.ae/frances-yields-steady-as-budget-talks-drag-on/): France’s 10-year OAT yield held steady above 3.4%, near its highest level since mid-October, as investors focused on ongoing budget talks and the outlook for monetary policy following last week’s ECB and Fed meetings. Socialist Party leader Olivier Faure said his party will wait until the full 2026 budget is finalized before deciding whether to … - [Tin Rises Holds Annual Increase](https://todaymarkets.ae/tin-rises-holds-annual-increase/): Tin futures were above $36,000 per tonne in November, holding its gradual rise since October and tracking the bullish momentum for other base metals this year amid risks of tight supply. Despite the gradual rollout of mining quotas following the prolonged suspension in top producer Myanmar, key tin sources remained mostly inactive. Operations in the … - [Bitcoin Sell-Off Extends While Ethereum Falls Below Inportant Support Level](https://todaymarkets.ae/bitcoin-sell-off-extends-while-ethereum-falls-below-inportant-support-level/): Cryptocurrencies remain largely dependent on stock market sentiment. According to Goldman Sachs data, the put-call skew in the Mag7 group (the seven largest tech companies) inverted for the first time since December 2024, meaning that the implied volatility of call options (betting on price increases) has exceeded that of puts (betting on declines). This phenomenon … - [Trade of The Day - USD/JPY](https://todaymarkets.ae/trade-of-the-day-usd-jpy/): Facts: Recommendation: LONG position on USDJPY at market price. USDJPY (D1) Source: xStation5Opinion: There remains a significant discrepancy between interest rate levels in Japan and the USA, which will support the strength of the dollar against the Japanese yen. The structure of the EMA averages also favors the dollar, particularly the crossing of the EMA100 … - [Risk Aversion Takes Hold as The Mood in Markets Shifts](https://todaymarkets.ae/risk-aversion-takes-hold-as-the-mood-in-markets-shifts/): European stocks have opened sharply lower this morning, as the market mood shifts. The Eurostoxx index is down more than 1%, and S&P 500 futures are at their lows of the morning so far. Palantir valuation concerns There is no single driver for this shift in market sentiment. Palantir’s results were stronger than expected, with … - [Dow Jones futures decline due to cautious Fed policy tone](https://todaymarkets.ae/dow-jones-futures-decline-due-to-cautious-fed-policy-tone/): Dow Jones futures move down by 0.72% to trade below 47,150 during European hours, with the S&P 500 futures and Nasdaq 100 futures declining 0.92% and 1.25%, trading below 6,850 and 26,000, respectively, during the European hours ahead of the United States (US) regular opening on Tuesday. US index futures fell sharply due to increased risk … - [EUR/USD ticks up from three-month lows as US Dollar eases](https://todaymarkets.ae/eur-usd-ticks-up-from-three-month-lows-as-us-dollar-eases/): EUR/USD is trading with marginal gains on Tuesday, changing hands at 1.1525 at the time of writing after hitting fresh three-month lows earlier on the day. The pair, however, remains vulnerable, following a nearly 1.3% sell-off in the last four trading days, as the US Dollar (USD) surged following a “hawkish cut” by the Federal Reserve (Fed) last … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-7/): RBA held the cash rate steady at 3.6% in a unanimous decision amid renewed inflation pressures and a tight labor market. Governor Michele Bullock stated the board has no predetermined stance on future rate moves, emphasizing data dependency and uncertainty. Key headlines: Governor Michele Bullock emphasized that the board has no predetermined stance on future … - [Australian Shares Hit Over 1-Month Low](https://todaymarkets.ae/australian-shares-hit-over-1-month-low/): The S&P/ASX 200 fell 0.9% to close at 8,814 on Tuesday, hitting its lowest level in over a month as market sentiment remained subdued amid the central bank’s latest policy decision and its warning of persistent inflationary pressures. The RBA kept its cash rate at 3.60% in a unanimous decision, cautioning that inflation may be … - [Economic Calendar - Q Results From Ferrari, BP & AMD Plus Central Banker Speeches](https://todaymarkets.ae/economic-calendar-q-results-from-ferrari-bp-amd-plus-central-banker-speeches/): Asian stock markets opened mostly lower, following mixed sentiment on Wall Street, although technology continued to perform better. Japan’s Nikkei index lost about 0.36%, South Korea’s Kospi fell 1.6%, and the Shanghai Composite fell 0.19%. In Hong Kong, however, the Hang Seng gained 0.2%. Despite optimism surrounding the AI-driven tech rally, investors remain cautious about … - [EUR/GBP gathers strength above 0.8750, BoE rate decision in focus](https://todaymarkets.ae/eur-gbp-gathers-strength-above-0-8750-boe-rate-decision-in-focus/): The EUR/GBP cross gains traction to near 0.8775, snapping the two-day losing streak during the early European session on Tuesday. The Pound Sterling (GBP) softens against the Euro (EUR) amid uncertainty surrounding the Bank of England’s (BoE) interest rate decision, which will be scheduled on Thursday.  The BoE is anticipated to hold the interest rates at 4.0% at its November policy meeting on … - [Today Markets - Market Update](https://todaymarkets.ae/today-markets-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [USD/CHF climbs to over two-month high; bulls await move beyond 0.8100 amid firmer USD](https://todaymarkets.ae/usd-chf-climbs-to-over-two-month-high-bulls-await-move-beyond-0-8100-amid-firmer-usd/): The USD/CHF pair attracts buyers for the fifth consecutive day and climbs to its highest level since August 22 during the Asian session on Tuesday. The momentum lifts spot prices to the 0.8100 neighborhood and is sponsored by sustained US Dollar (USD) buying. The USD Index (DXY), which tracks the Greenback against a basket of currencies, … - [Gold maintains its offered tone below $4,000 amid hawkish Fed-inspired USD buying](https://todaymarkets.ae/gold-maintains-its-offered-tone-below-4000-amid-hawkish-fed-inspired-usd-buying/): Gold (XAU/USD) retains its negative bias below the $4,000 psychological mark through the Asian session on Tuesday, though the downside seems cushioned amid mixed fundamental cues. The US Dollar (USD) attracts buyers for the fifth straight day and climbs to a fresh high since early August in the wake of the US Federal Reserve’s (Fed) hawkish … - [Japan Still ‘Half Way’ to Sustainable Inflation: PM Takaichi](https://todaymarkets.ae/japan-still-half-way-to-sustainable-inflation-pm-takaichi/): Japanese Prime Minister Sanae Takaichi said on Tuesday that Japan has yet to achieve sustainable inflation supported by wage growth, signaling caution on further interest rate hikes. Although consumer inflation remains near 3% due to rising food costs, she told parliament that the country is still “half way” to reaching stable price growth supported by … - [Palm Oil Emerges from 12-Week Low](https://todaymarkets.ae/palm-oil-emerges-from-12-week-low/): Malaysian palm oil futures rose, hovering above MYR 4,100 per tonne after two straight sessions of losses. Prices rebounded from a 12-week low touched a day earlier, supported by a weaker ringgit and strength in rival Dalian soyoil. Rising exports in October also supported sentiment, notably after cargo surveyors reported that Malaysia’s palm oil exports … - [South Korean Won Weakens to 7-Month Low](https://todaymarkets.ae/south-korean-won-weakens-to-7-month-low/): The South Korean won depreciated to around 1,440 per dollar, extending declines for a fourth day to its weakest level in almost seven months despite higher than expected domestic inflation. Consumer prices in South Korea climbed 2.4% in October, the fastest pace in over a year and exceeding market forecasts, supporting expectations that the Bank … - [Yen Rises on Finance Minister Remarks](https://todaymarkets.ae/yen-rises-on-finance-minister-remarks/): The Japanese yen strengthened past 154 per dollar on Tuesday, rebounding slightly from nine-month lows after Finance Minister Satsuki Katayama reiterated that authorities are monitoring rising volatility in foreign exchange markets with a strong sense of urgency, warning against sharp, one-sided currency moves. In March, Katayama had suggested the yen’s fair value was around 120–130 … - [Oil Down on Supply Concerns Despite OPEC+ Pause Plan](https://todaymarkets.ae/oil-down-on-supply-concerns-despite-opec-pause-plan/): WTI crude oil futures fell to $60.8 per barrel on Tuesday after a four-day advance, amid persistent concerns about oversupply despite OPEC+’s decision to pause output increases early next year. The producer group agreed to a modest production hike in December but will halt further additions from January to March due to seasonal demand fluctuations. … - [Dollar Firms Up on Fed Caution](https://todaymarkets.ae/dollar-firms-up-on-fed-caution/): The dollar index climbed toward 100 on Tuesday, hovering at three-month highs as Federal Reserve officials signaled caution over further interest rate cuts, prompting traders to trim expectations for additional easing. Fed Governor Lisa Cook acknowledged growing risks in the labor market but stopped short of backing a December cut, while Chicago Fed President Austan … - [KOSPI Retreats on Profit-Taking](https://todaymarkets.ae/kospi-retreats-on-profit-taking/): The benchmark KOSPI fell 1.40% to around 4,160 on Tuesday, retreating from recent highs as investors took profits following its surge to record levels. Broad-based weakness weighed on the index, with technology and auto shares leading the declines. Major losers included SK Hynix (-3.15%), Samsung Electronics (-1.80%), Hyundai Motor (-3.60%), and Kia Corporation (-2.21%). Separately, … - [China Stocks Slip on Market Caution](https://todaymarkets.ae/china-stocks-slip-on-market-caution/): The Shanghai Composite fell 0.1% to around 3,972 while the Shenzhen Component lost 0.8% to 13,290 on Tuesday, with mainland shares struggling to build on gains from the previous session as investors weighed the implications of the latest Sino-US trade deal. Presidents Xi Jinping and Donald Trump reached agreements last week on key issues, including … - [Soybeans Hold onto Weekly Gains Despite Weaker Friday Action](https://todaymarkets.ae/soybeans-hold-onto-weekly-gains-despite-weaker-friday-action/): Soybean futures closed out Friday with contracts down 4 to 7 ¼ cents, as July was still up 10 ¼ cents this week. November saw a 15 cent pop since last Friday. The cmdtyView Cash Bean price was down 7 1/4 cents to $10.11. Soymeal futures were $2.20-2.40/ton lower on the day, but held onto a $4.30 gain this … - [Cotton Pushes Higher into Long Weekend](https://todaymarkets.ae/cotton-pushes-higher-into-long-weekend/): Cotton futures closed out the week with Friday gains of 25 to 50 points, as July was up 122 points this week. Crude oil prices were up 51 cents on the day, with the US dollar index down $0.849 to $99.000. The market will be closed on Monday for Memorial Day, as well as the government … - [Sugar Prices Fall on Projections for Record Global Sugar Production](https://todaymarkets.ae/sugar-prices-fall-on-projections-for-record-global-sugar-production/): July NY world sugar #11 (SBN25) Friday closed down -0.11 (-0.63%), and August London ICE white sugar #5 (SWQ25) closed down -4.50 (-0.92%). Sugar prices on Friday extended this week’s sell-off, with NY sugar posting a 2-week low and London sugar posting a 4-month low.  Over the past week, expectations for a global sugar surplus … - [Cocoa Prices Plunge as Prospects Improve for West African Cocoa Crops](https://todaymarkets.ae/cocoa-prices-plunge-as-prospects-improve-for-west-african-cocoa-crops/): July ICE NY cocoa (CCN25) Friday closed down -514 (-5.00%), and July ICE London cocoa #7 (CAN25) closed down -455 (-6.41%). Cocoa prices on Friday plummeted to 1-1/2 week lows and settled sharply lower as forecasts for favorable rain in West Africa are expected to aid cocoa crop development in the world’s largest cocoa-growing regions. … - [Coffee Prices Rebound as Dollar Weakness Spurs Short Covering](https://todaymarkets.ae/coffee-prices-rebound-as-dollar-weakness-spurs-short-covering/): July arabica coffee (KCN25) Friday closed up +0.25 (+0.07%), and July ICE robusta coffee (RMN25) closed up +3 (+0.06%). Coffee prices on Friday recovered from early losses and closed slightly higher.  Short covering emerged in coffee futures Friday after the dollar index (DXY00) sank to a 3-week low. Coffee prices initially moved lower on Friday, … - [EUR/GBP remains above 0.8400 following German GDP, UK Retail Sales data](https://todaymarkets.ae/eur-gbp-remains-above-0-8400-following-german-gdp-uk-retail-sales-data/): EUR/GBP recovers its recent losses registered in the previous session, trading around 0.8410 during the Asian hours on Friday. The currency cross advances as the Euro (EUR) attracts buying support following Germany’s Gross Domestic Product (GDP) data for the first quarter, released by Destatis. German GDP quarter-over-quarter rose 0.4% in the first quarter, against the market expectations of a steady … - [USD/CHF drops to near 0.8250 as US Dollar retraces gains due to growing debt concerns](https://todaymarkets.ae/usd-chf-drops-to-near-0-8250-as-us-dollar-retraces-gains-due-to-growing-debt-concerns/): USD/CHF retraces its recent gains registered in the previous session, trading around 0.8260 during the European hours on Friday. Meanwhile, the US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is trading lower at around 99.60 near two-week lows. The Greenback stepped down due to growing debt concerns in … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-2/): The US dollar weakened against the Japanese yen, with USD/JPY down 0.5% to 143.45 as Japan’s core inflation surged to 3.5% in April – its fastest annual pace in over two years – while escalating US tariff pressures continue to weigh on Japan’s export-dependent economy. Inflation Surge Boosts Rate Hike Expectations Japan’s core consumer price … - [Economic Calendar - German GDP And UK Retail Sales in Focus](https://todaymarkets.ae/economic-calendar-german-gdp-and-uk-retail-sales-in-focus/): Today’s economic calendar features key growth and consumption data from major economies, with UK retail sales showing resilience and German GDP providing insights into Eurozone recovery. Markets will also monitor U.S. housing data and oil rig counts as central bank officials continue their commentary amid ongoing fiscal and trade uncertainties. Key Economic Data (BST) 07:00 … - [XAG/USD rises above $33.00, receives support from safe-haven demand](https://todaymarkets.ae/xag-usd-rises-above-33-00-receives-support-from-safe-haven-demand/): Silver price (XAG/USD) edges higher after registering losses over 1% in the previous session, hovering around $33.10 per troy ounce during the Asian trading hours on Friday. The manufacturing-sensitive commodities, including Silver, faced challenges due to growing concerns regarding the increase in the fiscal deficit in the United States (US). However, rising safe-haven demand over these … - [AUD strengthens as Trump's One Big Beautiful Bill advances to Senate floor](https://todaymarkets.ae/aud-strengthens-as-trumps-one-big-beautiful-bill-advances-to-senate-floor/): The Australian Dollar (AUD) posts gains against the US Dollar (USD) on Friday after registering losses in the previous session. The AUD/USD pair jumps as the Greenback comes under pressure, driven by lower US Treasury yields, which continue to depreciate after the 30-year US bond yield topped in 19 months. US President Donald Trump’s “One … - [GBP/USD rebounds above 1.3450 toward 39-month highs, UK Retail Sales eyed](https://todaymarkets.ae/gbp-usd-rebounds-above-1-3450-toward-39-month-highs-uk-retail-sales-eyed/): GBP/USD posts gains of about a quarter of a percent in the Asian hours on Friday, trading around 1.3450 at the time of writing. The pair edges higher as the Pound Sterling (GBP) attracts buyers after the GfK better-than-expected Consumer Confidence Index for the United Kingdom (UK) was released. Traders await UK Retail Sales, scheduled … - [XAU/USD consolidates around $3,300 mark, bullish potential seems intact](https://todaymarkets.ae/xau-usd-consolidates-around-3300-mark-bullish-potential-seems-intact/): Gold price (XAU/USD) lacks any firm intraday direction on Friday and seesaws between tepid gains/minor losses, around the $3,300 mark during the Asian session on Friday. The XAU/USD bears, however, seem reluctant to place aggressive bets and positioning for an extension of the previous day’s pullback from over a two-week high on the back of US … - [JPY adds to stronger CPI-inspired gains; seems poised to climb further](https://todaymarkets.ae/jpy-adds-to-stronger-cpi-inspired-gains-seems-poised-to-climb-further/): The Japanese Yen (JPY) strengthens further against a broadly weaker US Dollar (USD) and drags the USD/JPY pair back below mid-143.00s during the Asian session on Friday. Hotter consumer inflation figures released from Japan earlier today reaffirmed market bets that the Bank of Japan (BoJ) will continue raising interest rates, which, in turn, is seen … - [USD/INR gains ground on foreign outflows](https://todaymarkets.ae/usd-inr-gains-ground-on-foreign-outflows/): The Indian Rupee (INR) trades in negative territory on Friday. Likely foreign outflows from domestic equities and higher crude oil prices undermine the Indian currency. Furthermore, consumer inflation in India fell more than expected to a near six-year low in April, strengthening bets that the Reserve Bank of India (RBI) is due to extend its rate-cutting cycle.  However, a … - [EUR/USD climbs above 1.1300 ahead of German Q1 GDP data](https://todaymarkets.ae/eur-usd-climbs-above-1-1300-ahead-of-german-q1-gdp-data/): EUR/USD recovers its recent losses posted in the previous session, trading around 1.1310 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) struggles due to a drop in US Treasury yields, which continue to depreciate after the 30-year US bond yield pulled back from 5.15%, the highest in 19 months. US … - [USD/CAD slides to 1.3825 area, back closer to two-week low on weaker USD](https://todaymarkets.ae/usd-cad-slides-to-1-3825-area-back-closer-to-two-week-low-on-weaker-usd/): The USD/CAD pair attracts fresh sellers following the previous day’s brief pause and slides to the 1.3825 area during the Asian session on Friday. Spot prices remain close to a two-week low touched on Wednesday and seem vulnerable to weaken further amid a broadly weaker US Dollar (USD). Traders ramped up their bets for further … - [Crude Prices Weighed Down by Fears of a Global Supply Glut](https://todaymarkets.ae/crude-prices-weighed-down-by-fears-of-a-global-supply-glut/): July WTI crude oil (CLN25) Thursday closed down -0.37 (-0.60%) and July RBOB gasoline (RBN25) closed down -0.0127 (-0.60%). Crude oil and gasoline prices on Thursday fell to 1-week lows and settled lower.  Thursday’s stronger dollar was bearish for energy prices.  Also, concerns about a global supply glut of crude oil undercut prices after Bloomberg … - [Nat-Gas Prices Fall as Weekly EIA Inventories Climb More Than Expected](https://todaymarkets.ae/nat-gas-prices-fall-as-weekly-eia-inventories-climb-more-than-expected/): June Nymex natural gas (NGM25) on Thursday closed down by -0.115 (-3.41%). June nat-gas prices tumbled on Thursday due to a larger-than-expected build-in of weekly inventories.  Weekly EIA mat-gas inventories on Thursday rose by +120 bcf for the week ended May 16, above expectations of +119 bcf and well above the five-year average for this … - [Wheat Trades Lower](https://todaymarkets.ae/wheat-trades-lower/): The wheat complex trading posted losses across most contracts on Thursday, with some in the KC market holding higher. Chicago SRW futures were 3 to 5 cents lower on the day. The Kansas City HRW contracts were fractionally mixed on the session. Minneapolis spring wheat futures were down 3 to 4 cents at the close … - [Soybeans Higher, Assisted by Meal Strength](https://todaymarkets.ae/soybeans-higher-assisted-by-meal-strength/): Soybean futures saw stronger action into the Thursday close despite a weaker start overnight. Contracts closed with 3 to 5 cent gains as meal gains were supportive. The cmdtyView Cash Bean price was up 5 cents to $10.18 1/5. Soymeal futures were $3.10 to 4.60/ton higher on the day, with Soy Oil futures down 37 to 72 points. USDA released their … - [Corn Futures - Trading Mixed](https://todaymarkets.ae/corn-futures-trading-mixed/): Corn futures posted mixed action on Thursday, with nearby July up 2 cents and other contracts 1 to 3 cents lower. The front month CmdtyView national average Cash Corn price was up 2 1/2 cents at $4.36 1/4. This morning’s Export Sales report showed 1.19 MMT in corn sales during the week of May 15, in between … - [Cattle Rally into Close](https://todaymarkets.ae/cattle-rally-into-close/): Live cattle futures posted gains of $1.45 to $2.15 across the front months on Thursday.  Cash trade started was reported at $230-231 live in the north and dressed at $360-370. A few sales were picked up in KS at $224-229. Feeder cattle futures closed the Thursday session with contracts up $3.25 to $3.60 and nearby … - [Cotton futures pull back](https://todaymarkets.ae/cotton-futures-pull-back/): Thursday’s price action saw cotton futures pull back, closing down 40 to 47 points in the nearbys. Crude oil prices were down 77 cents so far on the day, with the US dollar index up $0.400 to $99.835. Export Sales data indicated a total of 141,428 RB of cotton sold in the week that ended … - [Coffee Prices Settle Sharply Lower on Improved Supply Prospects](https://todaymarkets.ae/coffee-prices-settle-sharply-lower-on-improved-supply-prospects/): July arabica coffee (KNC25) Thursday closed down -9.55 (-2.58%), and July ICE robusta coffee (RMN25) closed down -116 (-2.37%). Coffee prices on Thursday sold off sharply, with arabica falling to a 5-week low and robusta tumbling to a 6-week low.   An increase in ICE coffee inventories is weighing on prices.  ICE-monitored robusta coffee inventories … - [Beneficial Rain in West Africa Hammers Cocoa Prices](https://todaymarkets.ae/beneficial-rain-in-west-africa-hammers-cocoa-prices/): July ICE NY cocoa (CCN25) Thursday closed down -441 (-4.11%), and July ICE London cocoa #7 (CAN25) closed down -354 (-4.75%). Cocoa prices plunged on Thursday to 1-week lows.  Expectations for favorable rain in West Africa to aid cocoa crop development hammered cocoa prices Thursday after meteorologist Vaisala said that moderate showers are expected to … - [Sugar Prices Pressured by the Outlook for a Global Surplus](https://todaymarkets.ae/sugar-prices-pressured-by-the-outlook-for-a-global-surplus/): July NY world sugar #11 (SBN25) Thursday closed down -0.30 (-1.69%), and August London ICE white sugar #5 (SWQ25) closed down -9.60 (-1.93%). Sugar prices settled lower on Thursday, consolidating just above Tuesday’s 2-week lows.  Over the past week, expectations for a global sugar surplus have weighed on sugar.  Last Wednesday, consultant Datagro projected a … - [Chart of The Day - TNOTE](https://todaymarkets.ae/chart-of-the-day-tnote/): The U.S. debt market just had one of its worst sessions this year, and weak demand at yesterday’s bond auction intensified the trend of selling off all types of American assets. The lack of appetite for U.S. debt highlights concerns over Trump’s proposed tax bill and the long-term trajectory of an already bloated deficit. The 10-year … - [USD/CHF extends downside to near 0.8250, US PMI data in focus](https://todaymarkets.ae/usd-chf-extends-downside-to-near-0-8250-us-pmi-data-in-focus/): The USD/CHF pair extends the decline to around 0.8250 during the early European session on Thursday. The Greenback weakens against the Swiss Franc (CHF) due to US fiscal concerns. Traders will take more cues from the advanced US S&P Purchasing Managers Index (PMI) for May.  US President Donald Trump’s “One Big, Beautiful Bill” is set to be … - [](https://todaymarkets.ae/9529-2/): Today’s session will be dominated by preliminary PMI readings for May. These indicators will be closely watched by investors for new trends in service and manufacturing activity, especially in the context of the dramatic shift in the White House’s rhetoric on tariffs. PMI readings in recent months have painted a rather mixed picture of business conditions … - [USD/CAD trades with negative bias around mid-1.3800s, just above two-week low](https://todaymarkets.ae/usd-cad-trades-with-negative-bias-around-mid-1-3800s-just-above-two-week-low/): The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3815-1.3810 region, or a two-week low, and trades with a negative bias for the fourth consecutive day on Thursday. Spot prices trade around mid-1.3800s during the Asian session and seem vulnerable to extend the weekly downtrend. Crude Oil prices regain positive traction following the previous … - [EUR/GBP remains below 0.8450, moves little ahead of PMI data from both economies](https://todaymarkets.ae/eur-gbp-remains-below-0-8450-moves-little-ahead-of-pmi-data-from-both-economies/): EUR/GBP posts little losses after registering gains in the previous three consecutive days. The currency cross trades lower at around 0.8440 during Thursday’s Asian hours. The Euro (EUR) dips against its peers ahead of the HCOB Purchasing Managers Index (PMI) for the Eurozone, scheduled to be released later in the day. According to the preliminary estimates, the Eurozone’s … - [EUR/JPY Keeps bullish vibe, first upside target emerges above 163.00](https://todaymarkets.ae/eur-jpy-keeps-bullish-vibe-first-upside-target-emerges-above-163-00/): The EUR/JPY cross attracts some sellers to around 162.35 during the early European session on Thursday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid the growing speculation that the Bank of Japan (BoJ) will hike interest rates again this year.  Technically, the constructive outlook of EUR/JPY remains in place as the cross is well-supported above the … - [Cocoa Prices Retreat as ICE Inventories Climb](https://todaymarkets.ae/cocoa-prices-retreat-as-ice-inventories-climb/): July ICE NY cocoa (CCN25) Wednesday closed down -155 (-1.43%), and July ICE London cocoa #7 (CAN25) closed down -187 (-2.45%). Cocoa prices on Wednesday retreated on signs of ample inventories.  ICE-monitored cocoa inventories held in US ports climbed to a 7-3/4 month high Wednesday of 2,165,175 bags. Losses in London cocoa accelerated Wednesday after … - [Dollar Weakness Supports Coffee Prices](https://todaymarkets.ae/dollar-weakness-supports-coffee-prices/): July arabica coffee (KCN25) Wednesday closed up +1.00 (+0.27%), and July ICE robusta coffee (RMN25) closed unchanged. Coffee prices recovered from early losses on Wednesday and settled mixed.  Wednesday’s decline in the dollar index (DXY00) to a 2-week low sparked short covering in coffee futures. However, an increase in ICE coffee inventories limited gains in … - [Cattle Close Mixed, with Fats Higher on Cash Strength](https://todaymarkets.ae/cattle-close-mixed-with-fats-higher-on-cash-strength/): Live cattle futures were higher at the Wednesday close, with contracts up 70 cents to $1. Cash trade started on Wednesday, with sales of $229-230 live in the north and dressed at $360-370. A few sales were picked up in KS at $224-227. The Wednesday morning Fed Cattle Exchange online auction from Central Stockyards showed … - [WTI slumps to near $61.00, traders await fresh round of nuclear talks between US and Iran](https://todaymarkets.ae/wti-slumps-to-near-61-00-traders-await-fresh-round-of-nuclear-talks-between-us-and-iran/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.10 during the Asian trading hours on Thursday. The WTI price edges lower on the report that a fresh round of nuclear talks between the United States and Iran would take place later this week. On Tuesday, the US obtained new intelligence suggesting that … - [BoJ’s Noguchi: Japan’s economy is growing steadily](https://todaymarkets.ae/bojs-noguchi-japans-economy-is-growing-steadily/): Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday that the Japanese economy is growing steadily. Noguchi further stated that the central bank is likely to keep adjusting the policy rate, while carefully assessing whether underlying inflation would be stabilising around 2%. Key quotes Japan’s economy is growing steadily.Japan’s economy is currently shifting to … - [XAU/USD hits two-week high as USD declines on deteriorating US fiscal outlook](https://todaymarkets.ae/xau-usd-hits-two-week-high-as-usd-declines-on-deteriorating-us-fiscal-outlook/): Gold price (XAU/USD) prolongs the uptrend for the fourth consecutive day and climbs to a nearly two-week high, around the $3,344-3,345 area during the Asian session on Thursday. Investors remain on edge following the US sovereign credit rating downgrade by Moody’s and growing worries about rising US deficit on the back of US President Donald Trump’s … - [JPY stands firm near two-week top against USD on BoJ rate hike bets](https://todaymarkets.ae/jpy-stands-firm-near-two-week-top-against-usd-on-boj-rate-hike-bets/): The Japanese Yen (JPY) retains its positive bias through the Asian session and trades near a two-week high touched against a broadly weaker US Dollar (USD) earlier this Thursday. Japan’s upbeat Machinery Orders data countered recession fears and boosted hopes for an economic recovery. This, along with the growing acceptance that the Bank of Japan … - [GBP/USD rises to near 1.3450 ahead of UK PMI data](https://todaymarkets.ae/gbp-usd-rises-to-near-1-3450-ahead-of-uk-pmi-data/): GBP/USD trades higher for the fourth successive day with trading around 1.3430 during the Asian hours on Thursday. The upside of the pair is attributed to the weaker US Dollar (USD), which continues to face challenges after Moody’s downgraded the US credit rating from Aaa to Aa1, following similar downgrades by Fitch Ratings in 2023 … - [US House Rules Committee approves US President Donald Trump's sweeping tax-cut bill](https://todaymarkets.ae/us-house-rules-committee-approves-us-president-donald-trumps-sweeping-tax-cut-bill/): Update: The House Rules Committee approves US President Donald Trump’s sweeping tax-cut bill. US House rules Rules Committee stated that a full house floor vote on Trump tax cut bill is set stage in the coming hours.  Market reaction The above headlines fail to move the needle around the US Dollar Index (DXY) as it continues trade 0.10% lower on the … - [USD/INR softens ahead of Indian/US PMI releases](https://todaymarkets.ae/usd-inr-softens-ahead-of-indian-us-pmi-releases/): The Indian Rupee (INR) gathers strength on Thursday. The strength in Asian peers, a weaker US Dollar (USD) and lower crude oil prices provide some support to the Indian currency. Furthermore, a multi-phase trade deal between the US and India might contribute to the INR’s upside. Nonetheless, the rising expectation that the Reserve Bank of India (RBI) … - [AUD holds ground as US Dollar struggles on shaky market sentiment](https://todaymarkets.ae/aud-holds-ground-as-us-dollar-struggles-on-shaky-market-sentiment/): The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday, extending its gains for the second successive day. The AUD/USD pair maintains its position following the release of the preliminary S&P Global Purchasing Managers Index (PMI) data. Australia’s Manufacturing Purchasing Managers Index came in at 51.7 in May versus 51.7 prior. Meanwhile, … - [EUR/USD hovers near 1.1350, two-week highs ahead of HCOB PMI for Eurozone](https://todaymarkets.ae/eur-usd-hovers-near-1-1350-two-week-highs-ahead-of-hcob-pmi-for-eurozone/): EUR/USD is hovering around 1.1340, close to two-week highs during the Asian trading hours. The Euro (EUR) continues its winning streak for the fourth consecutive session ahead of the HCOB Purchasing Managers Index (PMI) for the Eurozone, scheduled to be released later in the day. According to the preliminary estimates, the overall business activity is expected to have grown … - [Crude Prices Settle Lower as EIA Crude Inventories Rise to a 10-Month High](https://todaymarkets.ae/crude-prices-settle-lower-as-eia-crude-inventories-rise-to-a-10-month-high/): July WTI crude oil (CLN25) Wednesday closed down -0.46 (-0.74%) and July RBOB gasoline (RBN25) closed up +0.0003 (+0.01%). Crude oil prices on Wednesday fell from a 1-month high and turned lower after weekly EIA crude inventories unexpectedly rose to a 10-month high.  Crude prices Wednesday initially spiked higher on escalating geopolitical risks in the … - [Nat-Gas Gives up Early Gains on the Outlook for Higher EIA Inventories](https://todaymarkets.ae/nat-gas-gives-up-early-gains-on-the-outlook-for-higher-eia-inventories/): June Nymex natural gas (NGM25) on Wednesday closed downy by -0.314 (+10.09%). June nat-gas prices on Wednesday gave up an early advance and settled lower, giving back some of Tuesday’s sharp gains.  Long liquidation pressures emerged in nat-gas futures on expectations that EIA nat-gas inventories will continue to build.  The consensus is that Thursday’s EIA … - [Soybeans Pushing Higher on Wednesday Trade](https://todaymarkets.ae/soybeans-pushing-higher-on-wednesday-trade/): The bean market is trading with contracts 8 to 9 cents in the green. Soybeans saw higher trade at Tuesday’s close, with contracts up 2 to 4 cents across most front months. The cmdtyView Cash Bean price was up 2 ¼ cents to $10.03 1/2. Soymeal futures were up 70 cents to $1.50/ton on the day, with Soy Oil futures closing … - [Cotton Slipping to Lower Levels](https://todaymarkets.ae/cotton-slipping-to-lower-levels/): Cotton prices are trading with 29 to 40 point losses on Wednesday morning. Futures had some outside market support on Tuesday, with contracts up 30 to 50 points.  Crude oil prices were up 12 cents, with the US dollar index down another $0.413 to $99.875. NASS pegged the US cotton crop at 40% planted as … - [NZD/USD holds above 0.5900 on weaker US Dollar, renewed US-China tensions might cap its upside](https://todaymarkets.ae/nzd-usd-holds-above-0-5900-on-weaker-us-dollar-renewed-us-china-tensions-might-cap-its-upside/): The NZD/USD pair attracts some buyers to around 0.5935 during the early Asian session on Wednesday, bolstered by a weaker US Dollar (USD). The Federal Reserve’s (Fed) Thomas I. Barkin is scheduled to speak later on Wednesday. Data released by  Statistics New Zealand on Wednesday showed that the country’s trade surplus soared to NZ$1,426 million … - [XAG/USD consolidates around $33.00; seems poised to climb further](https://todaymarkets.ae/xag-usd-consolidates-around-33-00-seems-poised-to-climb-further/): Silver (XAG/USD) retreats slightly following an Asian session uptick to the $33.20 area, or over a one-week high, and erodes a part of the previous day’s strong move up. The white metal currently trades around the $33.00 mark, down 0.30% for the day, though the technical setup favors bullish traders. Tuesday’s close above the $33.00 mark … - [JPY adds to intraday gains amid hawkish BoJ expectations; USD/JPY plummets below 144.00](https://todaymarkets.ae/jpy-adds-to-intraday-gains-amid-hawkish-boj-expectations-usd-jpy-plummets-below-144-00/): The Japanese Yen (JPY) remains on the front foot amid the growing acceptance that the Bank of Japan (BoJ) will hike interest rates again in 2025 amid fears of broader and more entrenched price increases in Japan. The expectations were reaffirmed by BoJ Deputy Governor Shinichi Uchida’s hawkish comments earlier this week, which, along with … - [AUD holds gains as USD extends losses on Fed caution](https://todaymarkets.ae/aud-holds-gains-as-usd-extends-losses-on-fed-caution/): The Australian Dollar (AUD) depreciates against the US Dollar (USD) on Wednesday, recovering after registering more than 0.50% losses in the previous session. The AUD/USD pair appreciates as the US Dollar extends its decline, pressured by cautious remarks from Federal Reserve (Fed) officials regarding the economic outlook and business sentiment. Cleveland Fed President Beth Hammack … - [USD/INR rises amid ongoing US Dollar demand](https://todaymarkets.ae/usd-inr-rises-amid-ongoing-us-dollar-demand/): The Indian Rupee (INR) edges lower on Wednesday. The US Dollar (USD) bids from foreign banks, likely on behalf of custodial clients, and the weaker Chinese Yuan weigh on the Indian currency. Additionally, a decline in local equities and a rise in crude oil prices also undermine the INR.  Nonetheless, a multi-phase trade deal between the US and India … - [EUR/USD Bullish outlook remains in play above 1.1300](https://todaymarkets.ae/eur-usd-bullish-outlook-remains-in-play-above-1-1300/): The EUR/USD pair gathers strength to near 1.1330 during the early European session on Wednesday, bolstered by a weaker US Dollar (USD). The “sell America” theme continues after Moody’s lowered the US rating from ‘Aaa’ to ‘Aa1’, citing that successive US administrations had failed to reverse ballooning deficits and interest costs. Technically, the constructive outlook of EUR/USD … - [UK CPI likely to surge sharply in April, pressuring BoE’s easing plans](https://todaymarkets.ae/uk-cpi-likely-to-surge-sharply-in-april-pressuring-boes-easing-plans/): The United Kingdom (UK) will release the Consumer Price Index (CPI) data for April on Wednesday at 06:00 GMT. The report, released by the Office for National Statistics (ONS), has a relevant impact on the Sterling Pound (GBP) amid its potential effect on future Bank of England (BoE) monetary policy decisions. Inflation, as measured by the CPI, is foreseen … - [XAU/USD - Gold price retakes $3,300 amid a broadly weaker USD](https://todaymarkets.ae/xau-usd-gold-price-retakes-3300-amid-a-broadly-weaker-usd/): Gold price (XAU/USD) prolongs its weekly uptrend for the third straight day and climbs further beyond the $3,300 mark, to a one-and-a-half-week high during the Asian session on Wednesday. The US Dollar (USD) selling bias remains unabated in the wake of US fiscal concerns, which led to a downgrade of the US government’s sovereign credit rating … - [USD/CHF drops to two-week low, eyes 0.8200 amid sustained USD selling bias](https://todaymarkets.ae/usd-chf-drops-to-two-week-low-eyes-0-8200-amid-sustained-usd-selling-bias/): The USD/CHF pair continues to lose ground for the third successive day and drops to a two-week low, around the 0.8220-0.8215 region during the Asian session on Wednesday. Moreover, the fundamental backdrop suggests that the path of least resistance for spot prices remains to the downside. The US Dollar (USD) selling bias remains unabated in the wake … - [GBP/USD Rises toward highs since February 2022 near 1.3450](https://todaymarkets.ae/gbp-usd-rises-toward-highs-since-february-2022-near-1-3450/): The GBP/USD pair extends its winning streak for the third successive session, trading around 1.3430 during Wednesday’s Asian hours. The technical analysis of the daily chart suggests a persistent bullish bias as the pair remains within an ascending channel pattern. However, the GBP/USD pair continues to rise above the nine-day Exponential Moving Average (EMA), suggesting the short-term … - [Nat-Gas Prices Surge on Forecasts for Hot US Weather](https://todaymarkets.ae/nat-gas-prices-surge-on-forecasts-for-hot-us-weather/): June Nymex natural gas (NGM25) on Tuesday closed up sharply by +0.314 (+10.09%). June nat-gas prices surged on Tuesday and settled sharply higher.  Nat-gas prices rallied on forecasts for warm weather that would boost nat-gas demand from electricity providers to run air conditioning.  On Tuesday, Traditional Energy said hot temperatures are expected in the western … - [Risk-Off Sentiment in Asset Markets Weighs on Crude Prices](https://todaymarkets.ae/risk-off-sentiment-in-asset-markets-weighs-on-crude-prices/): June WTI crude oil (CLM25) Tuesday closed down -0.13 (-0.21%) and June RBOB gasoline (RBM25) closed up +0.0133 (+0.62%). Crude oil prices on Tuesday posted modest losses as weakness in equity markets sparked risk-off sentiment in asset markets and dampened confidence in the economic outlook and energy demand.  Losses in crude were limited as the … - [Cattle Futures Close on a Mixed Note](https://todaymarkets.ae/cattle-futures-close-on-a-mixed-note/): Live cattle futures ended the Tuesday session on a mixed note, as contracts were anywhere from 22 cents higher to 7 cents lower in the nearbys. Cash trade has yet to see a broad test this week, with some light $219 KS sales reported on Monday. Last week’s Southern sales were $218-220 and $229 in … - [Wheat Post Double Digit Strength](https://todaymarkets.ae/wheat-post-double-digit-strength/): The wheat complex posted a fresh round of buying on Tuesday, with double digit gains across all three exchanges. Chicago SRW futures were up 16 to 17 cents on the session.  Kansas City HRW contracts closed with 13 to 14 cent gains. Minneapolis spring wheat futures were 11 to 13 cents higher. Some in the … - [Corn futures helped by a stronger wheat complex](https://todaymarkets.ae/corn-futures-helped-by-a-stronger-wheat-complex/): Corn futures were helped by a stronger wheat complex on Tuesday, as contracts closed with 6 to 7 cent nearby gains. The front month CmdtyView national average Cash Corn price was up 7 1/4 cents at $4.27. EIA will release their weekly ethanol production update on Wednesday, with the trade looking for a rebound from last week’s … - [Soybeans Close with Gains](https://todaymarkets.ae/soybeans-close-with-gains/): Soybeans saw higher trade at Tuesday’s close, with contracts up 2 to 4 cents across most front months. The cmdtyView Cash Bean price was up 2 ¼ cents to $10.03 1/2. Soymeal futures were up 70 cents to $1.50/ton on the day, with Soy Oil futures closing up 6 to 15 points. The US soybean crop was tallied at 66% planted … - [Where Are Cocoa Prices Heading?](https://todaymarkets.ae/where-are-cocoa-prices-heading/): Before 2024, the all-time peak in ICE cocoa futures was $5,104 per ton in 1977. Last year, they blew through that level like a hot knife through butter, reaching nearly $13,000 per ton. In 2025, the continuous contract traded between $7,613 and $11,882 per ton. At over the $10,800 level in May, cocoa futures are … - [Coffee Prices Fall on Projections for Higher Coffee Production](https://todaymarkets.ae/coffee-prices-fall-on-projections-for-higher-coffee-production/): July arabica coffee (KCN25) Tuesday closed down -5.40 (-1.44%), and July ICE robusta coffee (RMN25) closed down -70 (-1.41%). Coffee prices on Tuesday fell sharply on the outlook for higher coffee production.  On Monday, the USDA’s Foreign Agriculture Service (FAS) forecast that Brazil’s 2025/26 coffee production will climb +0.5% y/y to 65 million bags and … - [Rising ICE Cocoa Inventories Undercut Cocoa Prices](https://todaymarkets.ae/rising-ice-cocoa-inventories-undercut-cocoa-prices/): July ICE NY cocoa (CCN25) Tuesday closed down -100 (-0.91%), and July ICE London cocoa #7 (CAN25) closed down -12 (-0.16%). Cocoa prices on Tuesday gave up an early advance and turned lower, with NY cocoa falling from a 3-1/2 month nearest-futures high.  An increase in cocoa inventories sparked long liquidation in cocoa futures Tuesday … - [Expectations for Abundant Supplies Pressures Sugar Prices](https://todaymarkets.ae/expectations-for-abundant-supplies-pressures-sugar-prices/): July NY world sugar #11 (SBN25) Tuesday closed down -0.11 (-0.63%), and August London ICE white sugar #5 (SWQ25) closed down -2.40 (-0.49%). Sugar prices on Tuesday settled lower and posted 1-1/2 week lows.  Over the past week, expectations for a global sugar surplus have weighed on prices.  Last Wednesday, consultant Datagro projected a 2025/26 … - [Cotton Closes Higher on Tuesday](https://todaymarkets.ae/cotton-closes-higher-on-tuesday/): Cotton futures had some outside market support on Tuesday, with contracts up 30 to 50 points.  Crude oil prices were up 12 cents, with the US dollar index down another $0.413 to $99.875. NASS pegged the US cotton crop at 40% planted as of Sunday, slightly behind the 5-year average at 43%. The crop was … - [NATGAS Surges Over 5% Reversing Yesterdays Decline](https://todaymarkets.ae/natgas-surges-over-5-reversing-yesterdays-decline/): Henry Hub natural gas futures (NATGAS) are rising over 5% today, reversing yesterday’s sell-off. It’s difficult to pinpoint a single driver behind the rally, but several factors may be contributing. Among them is the upward momentum in European gas prices, supported by the ongoing conflict in Ukraine—especially after the recent Trump–Putin conversation—which clearly does not suggest … - [Trade of The Day - Russell 2000](https://todaymarkets.ae/trade-of-the-day-russell-2000/): Facts: Recommendation: Short position on US2000 at the market price Opinion: The rebound on Wall Street in recent weeks has lifted most indices into technical overbought zones calculated by the 14-day RSI indicator hovering near 70 points. Small-cap companies represented by the Russell 2000 index are more dependent on the level of interest rates in … - [EUR/GBP holds gains above 0.8400 despite worse-than-expected German PPI data](https://todaymarkets.ae/eur-gbp-holds-gains-above-0-8400-despite-worse-than-expected-german-ppi-data/): EUR/GBP extends its upward momentum for a second consecutive session, trading around 0.8420 during European hours on Tuesday. The currency cross remains supported as the Euro (EUR) benefits from improved risk sentiment, driven by easing geopolitical tensions and anticipation of developments on the Russia-Ukraine trade front. US President Donald Trump held a call with Russian President Vladimir Putin … - [USD/CHF remains on the defensive below 0.8350 on weaker US Dollar](https://todaymarkets.ae/usd-chf-remains-on-the-defensive-below-0-8350-on-weaker-us-dollar/): The USD/CHF pair remains under selling pressure around 0.8335 during the early European session on Tuesday. The rising bets that the Federal Reserve (Fed) will lower borrowing costs further this year weigh on the Greenback against the Swiss Franc. Later on Tuesday, the Federal Reserve (Fed) officials are set to speak, including Thomas Barkin, Alberto Musalem, Adriana Kugler, Raphael … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-3/): The Australian dollar weakened against the US dollar, with AUD/USD falling 0.5% to 0.6428 after the Reserve Bank of Australia cut its benchmark interest rate by 25 basis points to 3.85%, marking its second reduction this year and bringing rates to a two-year low. Dovish RBA Outlook The RBA cited diminishing inflation risks and growing … - [Cattle Post Mixed Action on Monday](https://todaymarkets.ae/cattle-post-mixed-action-on-monday/): Live cattle futures posted higher trade on Monday, with contracts up 75 cents to $1.20. Cash action was quiet on Monday, with last week’s Southern sales at $218-220, steady, and $229 in the north. Feeder cattle futures were mixed on the day, with front months down 12 cents to $1.17 and some fall contracts higher. … - [Economic Calendar - Canadian CPI And Euro-zone Data in Focus](https://todaymarkets.ae/economic-calendar-canadian-cpi-and-euro-zone-data-in-focus/): Today’s economic calendar features key central bank decisions with China’s PBoC cutting benchmark rates and the RBA expected to deliver a rate cut. Markets will also focus on Eurozone consumer confidence and Canadian inflation data as trade tensions continue to affect global economic outlooks. Key Economic Data (BST) 07:30 – RBA Press Conference 09:00 – … - [Sugar Prices Slip as Supply Concerns Ease](https://todaymarkets.ae/sugar-prices-slip-as-supply-concerns-ease/): July NY world sugar #11 (SBN25) Monday closed down -0.07 (-0.40%), and August London ICE white sugar #5 (SWQ25) closed down -0.60 (-0.12%). Sugar prices on Monday gave up an early advance and closed lower, with NY sugar falling to a 1-week low.  Expectations for a global sugar surplus have weighed on sugar prices over … - [Nat-Gas Prices Slump on Ample Supplies and Cool Spring Temps](https://todaymarkets.ae/nat-gas-prices-slump-on-ample-supplies-and-cool-spring-temps/): June Nymex natural gas (NGM25) on Monday closed down by -0.221 (-6.63%). June nat-gas prices on Monday extended their week-long slide to a 3-week low and settled sharply lower.  Ample supplies and forecasts for cool US spring temperatures to continue are weighing on nat-gas prices.   EIA nat-gas inventories as of May 9 are +2.6% … - [Crude Oil Prices Gain on Dollar Weakens and Doubts Over an Iran Nuclear Deal](https://todaymarkets.ae/crude-oil-prices-gain-on-dollar-weakens-and-doubts-over-an-iran-nuclear-deal/): June WTI crude oil (CLM25) Monday closed up +0.20 (+0.32%) and June RBOB gasoline (RBM25) closed down -0.0030 (-0.14%). Crude oil prices on Monday recovered from early losses and settled slightly higher on the decline in the dollar index (DXY00) to a 1-week low.  Crude also has support over doubts that a nuclear deal can … - [EUR/USD Tests descending channel’s upper boundary near 1.1250](https://todaymarkets.ae/eur-usd-tests-descending-channels-upper-boundary-near-1-1250/): EUR/USD remains steady after registering more than 0.50% gains in the previous session, trading around 1.1240 during the Asian hours on Tuesday. On the daily chart, technical analysis indicates a bearish bias is in play, as the pair continues to trade lower within a descending channel pattern. However, the EUR/USD pair has moved above the nine-day Exponential Moving Average (EMA), … - [NZD/USD remains subdued near 0.5900 following PBoC rate cut](https://todaymarkets.ae/nzd-usd-remains-subdued-near-0-5900-following-pboc-rate-cut/): NZD/USD edges lower during Tuesday’s Asian session, trading around 0.5920 after climbing over 0.50% in the previous session. The pair remained under pressure following the People’s Bank of China’s (PBoC) latest interest rate decision. The PBoC announced a cut to its Loan Prime Rates (LPRs), with the one-year LPR reduced from 3.10% to 3.00%, and … - [AUD/NZD declines to one-week low, around mid-1.0800s after RBA’s 25 bps rate cut decision](https://todaymarkets.ae/aud-nzd-declines-to-one-week-low-around-mid-1-0800s-after-rbas-25-bps-rate-cut-decision/): The AUD/NZD cross attracts some sellers in reaction to the Reserve Bank of Australia’s (RBA) policy decision and drops to over a one-week low, around the 1.0860-1.0855 area in the last hour. As was widely anticipated, the RBA decided to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.85% from 4.1% … - [AUD/JPY attracts some sellers to near 93.00, eyes on RBA Press Conference](https://todaymarkets.ae/aud-jpy-attracts-some-sellers-to-near-93-00-eyes-on-rba-press-conference/): The AUD/JPY cross faces some selling pressure to near 93.00 during the Asian trading hours on Tuesday. The Australian Dollar (AUD) edges lower against the Japanese Yen (JPY) after the Reserve Bank of Australia’s (RBA) interest rate decision. The attention will shift to RBA Governor Michele Bullock’s press conference at 05:30 GMT. As widely expected, the RBA … - [JPY recovers modest Asian session losses amid hawkish BoJ expectations](https://todaymarkets.ae/jpy-recovers-modest-asian-session-losses-amid-hawkish-boj-expectations/): The Japanese (JPY) attracts some dip-buyers following an Asian session downtick on Tuesday and moves back closer to over a one-week high touched against its American counterpart the previous day. The growing acceptance that the Bank of Japan (BoJ) will raise interest rates again in 2025 turns out to be a key factor that continues … - [GBP/USD maintains position above 1.3350 as US Dollar weakens on economic concerns](https://todaymarkets.ae/gbp-usd-maintains-position-above-1-3350-as-us-dollar-weakens-on-economic-concerns/): GBP/USD continues its upward momentum for the second consecutive session, hovering near 1.3360 during Asian trading hours on Tuesday. The Pound Sterling (GBP) is strengthening as the US Dollar (USD) softens in response to Moody’s Ratings downgrading the US credit rating from Aaa to Aa1. This downgrade echoes similar actions by Fitch Ratings in 2023 and Standard & Poor’s … - [USD/INR gains ground on expectations for more RBI rate cuts](https://todaymarkets.ae/usd-inr-gains-ground-on-expectations-for-more-rbi-rate-cuts/): The Indian Rupee (INR) weakens on Tuesday. Consumer inflation in India fell more than expected to a near six-year low in April, strengthening bets that the Reserve Bank of India (RBI) is due to extend its rate cutting cycle. This, in turn, undermines the Indian currency. Additionally, renewed concerns over the potential reintroduction of trade … - [Breaking: RBA cuts interest rate by 25 bps to 3.85% as expected](https://todaymarkets.ae/breaking-rba-cuts-interest-rate-by-25-bps-to-3-85-as-expected/): The Reserve Bank of Australia (RBA) board members decided to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.85% from 4.1%, following the conclusion of its May monetary policy meeting. The decision was widely anticipated. Summary of the RBA monetary policy statement AUD/USD reaction to the RBA interest rate decision The Australian … - [XAG/USD falls toward $32.00 amid potential Russia-Ukraine ceasefire](https://todaymarkets.ae/xag-usd-falls-toward-32-00-amid-potential-russia-ukraine-ceasefire/): Silver price (XAG/USD) continues its decline for the third consecutive session, trading near $32.20 per troy ounce during Tuesday’s Asian session. The metal’s weakness comes as optimism over a potential ceasefire between Russia and Ukraine reduces demand for safe-haven assets. Reuters reported that US President Donald Trump stated on Monday that following a call with … - [Gold price seems vulnerable above $3,200 amid possible Russia-Ukraine ceasefire](https://todaymarkets.ae/gold-price-seems-vulnerable-above-3200-amid-possible-russia-ukraine-ceasefire/): Gold price meets with a fresh supply during the Asian session on Tuesday and reverses the previous day’s move higher on the back of the upbeat market mood. Despite a surprise downgrade of the US government’s credit rating on Friday, investors continue to cheer the latest optimism over the US-China trade truce for 90 days. This … - [Slowing Ivory Coast Cocoa Exports Underpin Prices](https://todaymarkets.ae/slowing-ivory-coast-cocoa-exports-underpin-prices/): July ICE NY cocoa (CCN25) today is up +87 (+0.80%), and July ICE London cocoa #7 (CAN25) is down -56 (-0.72%). Cocoa prices today are mixed.  Supply concerns are supporting cocoa prices as the pace of Ivory Coast cocoa exports has slowed.  Today’s government data showed that Ivory Coast farmers shipped 1.58 MMT of cocoa … - [Lack of Rain in Brazil Boosts Coffee Prices](https://todaymarkets.ae/lack-of-rain-in-brazil-boosts-coffee-prices/): July arabica coffee (KCN25) today is up +8.70 (+2.38%), and July ICE robusta coffee (RMN25) is up +81 (+1.66%). Coffee prices today are sharply higher due to lighter-than-normal rainfall in Brazil’s coffee-growing regions.  Somar Meteorologia reported today that Brazil’s biggest arabica coffee growing area of Minas Gerais, received 2.5 mm of rain in the week … - [Cattle Shift Focus to New Week Following Friday Gains](https://todaymarkets.ae/cattle-shift-focus-to-new-week-following-friday-gains/): Live cattle futures rebounded higher into the weekend, with contracts up 90 cents to $1.30, as June slipped back $2.45 last week. Cash action kicked off on Thursday, with Southern sales of $218-220, steady, and $229 in the north. Feeder cattle futures posted gains of 65 cent to $1.80 on Friday, with May feeders down … - [Corn Higher on Monday Morning](https://todaymarkets.ae/corn-higher-on-monday-morning/): The corn market is trading with contracts up 2 to 5 cents. Corn futures closed out the Friday session on a weaker note, with contracts down 3 to 5 cents. July slipped back 6 ¼ cents on the week, with December falling in unison and down 6 ½ cents.   The front month CmdtyView national average Cash … - [Soybeans Starting Off Monday with Gains](https://todaymarkets.ae/soybeans-starting-off-monday-with-gains/): Soybean futures are trading with 3 to 5 cent gains out of the weekend. The soybean market posted nearby losses of 1 to 2 cents on Friday, with July down 1 ¾ cents on the week. New crop contracts were fractionally higher, with November up a nickel last week. Friday’s preliminary open interest was up … - [Wheat Showing Early Monday Gains](https://todaymarkets.ae/wheat-showing-early-monday-gains/): Wheat is bouncing back on Monday morning, with contracts up across the three exchanges. The wheat market ended the week with Friday weakness. Chicago SRW futures closed out the day with losses of 7 to 8 cents on Friday, as July managed to gain 3 ¼ cents last week. Kansas City HRW contracts fell 11 … - [Cotton Rallying Early on Monday](https://todaymarkets.ae/cotton-rallying-early-on-monday/): Cotton price action is showing 81 to 104 point gains so far on Monday morning. Futures ended the Friday session with contracts down 50 to 70 points, as July fell 172 points last week. New crop saw less pressure, down just 100 points. Crude oil prices were up $0.79/barrel. The US dollar index was back … - [USD/CAD Tests initial support near 1.3950, followed by nine-day EMA](https://todaymarkets.ae/usd-cad-tests-initial-support-near-1-3950-followed-by-nine-day-ema/): The USD/CAD pair is losing ground after registering gains in the previous session, trading around 1.3950 during the European hours on Monday. The daily chart’s technical analysis suggested a sustained bullish sentiment, as the pair continues to trade within the ascending channel pattern. The 14-day Relative Strength Index (RSI) remains just above 50, indicating continued bullish pressure. Additionally, the … - [Trade of The Day - S&P500](https://todaymarkets.ae/trade-of-the-day-sp500/): Facts Recommendation Opinion The US500 contract is retreating after climbing toward the 6,000-point level. On Friday, Moody’s downgraded the U.S. credit rating, citing the rising fiscal deficit. While the downgrade itself is not necessarily negative for equities and may not trigger major changes in the bond market, on Monday we’re observing profit-taking pressure. If Moody’s decision coincides with a … - [Chart of The Day - S&P500](https://todaymarkets.ae/chart-of-the-day-sp500-2/): Futures on the S&P 500 are snapping a week‑long winning streak, falling nearly 1.2 % at the start of trading. Moody’s cut to the U.S. credit rating has revived a “sell‑America” mood — equities are sliding while rising Treasury yields spotlight the cost of servicing U.S. debt. Since 22 April U.S. indices had been clawing back two months … - [Arabica Coffee Futures Slip](https://todaymarkets.ae/arabica-coffee-futures-slip/): Arabica coffee futures slipped more than 3.5% to just below $4.10 per pound, weighed down by profit-taking after a recent rally and President Trump’s hint of possible US tariff cuts on coffee imports. The market also awaited a US Supreme Court ruling on Trump’s use of emergency powers to impose sweeping tariffs on key trading … - [US Natgas Prices Ease from 8-Month High](https://todaymarkets.ae/us-natgas-prices-ease-from-8-month-high/): US natural gas futures fell to $4.5/MMBtu on Wednesday, easing after a rally to an eight-month high of $4.565 on Tuesday, as traders balanced short-term mild weather forecasts against strong export demand and expectations of colder conditions in early December. Weather models indicate a brief warm spell later this month before temperatures drop, potentially boosting … - [Oil Down Over 1%](https://todaymarkets.ae/oil-down-over-1/): OPEC report does not support oil prices Oil continues its downward trend, driven by relentless pressure on prices due to significant and long-term surpluses of the commodity in the market. Some investors were waiting for the monthly OPEC report as a source of information to support demand, but these proved insufficient. As a result, WTI … - [Trade of The Day - USD/NOK](https://todaymarkets.ae/11773-2/): Facts: Recommendation: Source: xStation5 Opinion The USDNOK is breaking out of its recent upward wave after the Norges Bank’s announcement last week of a pause in further rate cuts, erasing over half of the gains recorded following Jerome Powell’s hawkish FOMC comments. Downward pressure on the pair was intensified by Monday’s higher-than-expected Norwegian CPI reading … - [Oil Falls on Monthly OPEC Report](https://todaymarkets.ae/oil-falls-on-monthly-opec-report/): The OPEC organization, which brings together the largest oil producers to control prices, has published its monthly report, and oil prices fell by more than 1% following the publication. The organization points to the continuation of several trends regarding oil production and consumption worldwide. Demand for oil continues to grow, but the growth rate is … - [DAX Hits Over 3-Week High](https://todaymarkets.ae/dax-hits-over-3-week-high/): Germany’s DAX rose nearly 1% to surpass the 24,300 mark on Wednesday, the highest level since October 21 and extending gains for the third day. Investor sentiment remained buoyed by hopes of an imminent reopening of the US government and expectations of rate cuts by the Federal Reserve. Meanwhile, corporate earnings took center stage. Brenntag … - [CAC 40 Back to Record High Levels](https://todaymarkets.ae/cac-40-back-to-record-high-levels/): The Paris CAC 40 rose 1% to 8,230 points on Wednesday, extending its two-day rally of 2.6% and returning to record territory. Banking and luxury stocks led the advance, buoyed by optimism over the potential resolution of the US government shutdown and growing expectations of Federal Reserve rate cuts in December, following weaker-than-expected ADP data … - [French Bond Yield Falls to Two-Week Low Amid Budget Talks](https://todaymarkets.ae/french-bond-yield-falls-to-two-week-low-amid-budget-talks/): The yield on France’s 10-year government bond slipped below 3.45%, its lowest level since late October, as investors monitored progress in France’s budget negotiations while maintaining optimism that the US government shutdown could soon be resolved. At the same time, weaker US jobs data strengthened expectations that the Fed could cut interest rates next month, … - [UK 10-Year Gilt Yield Edges Up from 11-Month Low](https://todaymarkets.ae/uk-10-year-gilt-yield-edges-up-from-11-month-low/): The UK 10-year gilt yield inched up to 4.43% after an 8bps drop below 4.4% in the prior session, which was its lowest since December 2024, as investor focus turned to signs of economic weakness ahead of the Autumn Budget. Softer labor market data strengthened bets on a Bank of England rate cut next month, … - [US Stock Futures Rise](https://todaymarkets.ae/us-stock-futures-rise/): US stock futures were higher on Wednesday, with S&P 500 contracts up 0.4%, Dow Jones futures rising about 80 points after the blue-chip index closed at a record high in the previous session, and Nasdaq 100 futures gaining 0.7%. Sentiment was supported by optimism that the government shutdown could soon end, as House members return … - [Brent Crude Oil Halts Three-Day Gain](https://todaymarkets.ae/brent-crude-oil-halts-three-day-gain/): Brent crude futures fell below $65 per barrel on Wednesday after three straight sessions of gains, as traders awaited key monthly reports from OPEC and the US Energy Information Administration, with the IEA’s outlook due Thursday. The International Energy Agency softened its previous view on peak oil demand, now projecting that global consumption could keep … - [USD/JPY Highest Since February 2025](https://todaymarkets.ae/usd-jpy-highest-since-february-2025/): The USD/JPY pair reached its highest levels since February 2025 today, approaching the psychological threshold of 155, driven by the fundamental conflict between the new Prime Minister Sanae Takaichi and the Bank of Japan. Takaichi, known as a proponent of expansionary fiscal policy and monetary easing in the spirit of Abenomics, is clearly signalling that … - [Infineon Technologies Earnings - Massive Growth on Massive Promises](https://todaymarkets.ae/infineon-technologies-earnings-massive-growth-on-massive-promises/): Infineon Technologies is one of the local leaders in the semiconductor market. The German company is one of the few entities of this size in Europe. The company’s product portfolio is highly diversified, which works to its advantage in an increasingly uncertain market. According to the report published by the company, it failed to meet … - [U.S. Government Hopes Boost Risk as Bond Market May Not Prop Up Starmer](https://todaymarkets.ae/u-s-government-hopes-boost-risk-as-bond-market-may-not-prop-up-starmer/): As we move through the European trading session on Wednesday, there is residual optimism in the market that continues to boost risk sentiment. European indices are having another strong day, although the FTSE 100 is bucking this trend and is posting a small loss. US futures suggest a higher open later today and pre-market trading … - [HEICO Corporation (HEI.US) shares are near all-time high zone](https://todaymarkets.ae/heico-corporation-hei-us-shares-are-near-all-time-high-zone/): HEICO Corporation (HEI.US) shares are near all-time high zone amid a new, announced acquisition that strengthens its presence in aerospace and defense manufacturing. HEICO’s Electronic Technologies Group has agreed to acquire Axillon Aerospace’s Fuel Containment Business for an undisclosed cash amount. The deal is expected to close in Q1 2026, pending customary conditions, including Hart-Scott-Rodino Antitrust clearance. HEICO expects the purchase to be accretive … - [Bullish DAX 30 While Bayern Shares Gain After Earnings Report](https://todaymarkets.ae/bullish-dax-30-while-bayern-shares-gain-after-earnings-report/): Today’s European trading session is being led by buyers, with Germany’s cash DAX up nearly 1%. Futures are gaining over 0.6% above 24,400 and have moved above the 50-session exponential moving average (EMA50). German inflation data came in line with forecasts. Source: xStation5 Germany Inflation Data for October German inflation matched market expectations on both a yearly and monthly basis. … - [Chart of The Day - US30](https://todaymarkets.ae/chart-of-the-day-us30/): The US30 continues its upward momentum after closing yesterday’s session at a record high of around 48,000 (+1.3%), driven by a massive rotation of capital across Wall Street. While the potential end of the U.S. government shutdown supports broad market optimism, persistent concerns over high valuations in the AI sector have redirected capital toward more traditional … - [](https://todaymarkets.ae/11733-2/): Today’s session is expected to be relatively quiet in terms of major macroeconomic releases, with investors’ attention focused on the U.S. House of Representatives vote on the federal spending bill passed by the Senate, which could end the more than 40-day government shutdown. Many Democrats have already pledged to block the bill, considering the promise to “revisit” … - [Crédit Agricole issued a recommendation for the NZDUSD currency pair.](https://todaymarkets.ae/credit-agricole-issued-a-recommendation-for-the-nzdusd-currency-pair/): The Bank recommends taking a long position on the pair with following levels: Entry: 0.5642 Target: 0.5788 Stop: 0.5525 Crédit Agricole recommends taking a long position on NZDUSD at 0.5642 with a target of 0.5788 and a stop loss order placed at 0.5525. Source: xStation5 The material on this page does not constitute financial advice and … - [JP Morgan issued a recommendation for the EURCHF currency pair.](https://todaymarkets.ae/jp-morgan-issued-a-recommendation-for-the-eurchf-currency-pair/): The Bank recommends taking a long position on the pair with following levels: Entry: 0.9270 Target: 0.9400 Stop: 0.9199 JP Morgan recommends taking a long position on EURCHF at 0.9270 with a target of 0.9400 and a stop loss order placed at 0.9199. Source: xStation5 The material on this page does not constitute financial advice … - [Australian Stocks End Lower](https://todaymarkets.ae/australian-stocks-end-lower/): The S&P/ASX 200 finished 0.2% lower at 8,800 on Wednesday, extending losses from the previous session, dragged down by declines in tech stocks amid worries over stretched AI valuations, while top lender Commonwealth Bank extended losses. Technology shares slid 3.3%, mirroring the overnight drop in Nvidia and other AI names after SoftBank trimmed its stake … - [Iron Ore Rises on China Demand Hopes](https://todaymarkets.ae/iron-ore-rises-on-china-demand-hopes/): Iron ore futures in China climbed above CNY 770 per ton, rebounding from four-month lows as optimism over stronger Chinese demand outweighed concerns about rising global supply. Traders expect a seasonal pickup in consumption and fewer-than-anticipated maintenance shutdowns at steel mills in top consumer China. Sentiment was also boosted by expectations of additional stimulus after … - [German Inflation Rate Confirmed at 2.3%](https://todaymarkets.ae/german-inflation-rate-confirmed-at-2-3/): Germany’s consumer price inflation eased to 2.3% in October 2025, matching preliminary estimates and down from 2.4% in September. Inflation for goods slowed slightly (1.2% vs 1.4% in September) as food prices moderated (1.3% vs 2.1%), despite notable increases in fruit (3.1%), sugar and confectionery (8.2%), and meat and meat products (4.3%). Energy prices continued … - [India–US Air Cargo Plunges to 9-Year Low](https://todaymarkets.ae/india-us-air-cargo-plunges-to-9-year-low/): Air cargo movement between India and the United States has plunged to a nine-year low, following steep tariff hikes imposed by the Donald Trump administration, The Times of India reported, citing official data. Data from the Directorate General of Civil Aviation showed that India shipped 4,319 tonnes of goods to the US during the January–June … - [New Zealand Shares Close at Record High](https://todaymarkets.ae/new-zealand-shares-close-at-record-high/): New Zealand’s benchmark S&P/NZX 50 index rose 0.5% at 13,672, wiping out earlier losses to hit a record high close. The local market mirrored gains across most Asian equities, as investor sentiment was lifted by hopes that the US government shutdown could soon end, alongside a weak US jobs data that raised expectations of a … - [Palm Oil Retreats After 2-Day Rise](https://todaymarkets.ae/palm-oil-retreats-after-2-day-rise/): Malaysian palm oil futures fell below MYR 4,150 per tonne, snapping gains from the previous two sessions amid a stronger ringgit and weakness in Dalian palm olein. Meanwhile, data from the Malaysian Palm Oil Board showed end-October stocks at a 6-1/2-year high, while production surged 11.02% to its highest since August 2015. On the export … - [China Aims Greater Private Role in Energy and Infrastructure](https://todaymarkets.ae/china-aims-greater-private-role-in-energy-and-infrastructure/): China plans to step up policy support to attract more private capital into the energy sector, a senior official said, as part of efforts to revive weak private investment. The cabinet on Monday announced new measures promoting private participation in infrastructure and the low-altitude economy, covering manned and unmanned aviation services. Authorities will seek more … - [UK Plans Ban on Maritime Services for Russian LNG Exports](https://todaymarkets.ae/uk-plans-ban-on-maritime-services-for-russian-lng-exports/): Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas (LNG) exports, in its latest move to support Ukraine by cutting Kremlin energy revenues, as Reuters reported. In October, the European Union approved new sanctions on Russia that will ban Russian LNG imports starting January 1, 2027, … - [South Korean Won Falls as Outflow Concerns Persist](https://todaymarkets.ae/south-korean-won-falls-as-outflow-concerns-persist/): The South Korean won weakened to around 1,466 per dollar, falling to its lowest level in seven months as sentiment was weighed down by persistent concerns over ongoing capital outflows. Investor caution deepened following the government’s clarification on Tuesday that the $350 billion investment plan with the US would take the form of a nonbinding … - [Hong Kong Stocks Jump to One-Month Peak](https://todaymarkets.ae/hong-kong-stocks-jump-to-one-month-peak/): Hong Kong shares climbed 255 points or 1.0% to 26,960 in early trade on Wednesday, maintaining gains for the third straight session and reaching their highest level in a month. Most sectors advanced, led by property and financials, following a record close on Wall Street’s Dow Jones as optimism grew that Washington could soon end … - [South Korean Shares Rise on Broad Sector Gains](https://todaymarkets.ae/south-korean-shares-rise-on-broad-sector-gains/): The benchmark KOSPI rose 0.80% to around 4,140 on Wednesday, extending gains for a third consecutive session amid broad sector advances. This followed sector rotation in US markets, with Dow Jones closing at a record high while the tech-heavy Nasdaq Composite declined. Auto stocks led the rise for KOSPI, with Hyundai Motor and Kia Corporation … - [China Stocks Mixed as Traders Await Fresh Signals](https://todaymarkets.ae/china-stocks-mixed-as-traders-await-fresh-signals/): The Shanghai Composite edged up 0.2% to above 4,010, while the Shenzhen Component slipped 0.5% to 13,220 on Wednesday, as mainland markets struggled for clear direction amid a lack of major catalysts. Chinese stocks remain vulnerable to profit-taking after recently hitting fresh ten-year highs, with investors rotating out of high-flying tech and AI-linked names into … - [Silver Holds at 3-Week High](https://todaymarkets.ae/silver-holds-at-3-week-high/): Silver slipped to around $51 per ounce on Wednesday, but stayed close to three-week highs as signs of US labor market weakness fueled expectations for a near-term Federal Reserve rate cut. ADP data showed US private employers shedding an average of 11,250 jobs per week in the four weeks ending October 25, painting a bleak … - [US 10-Year Yield Falls on Weak Jobs Data](https://todaymarkets.ae/us-10-year-yield-falls-on-weak-jobs-data/): The yield on the 10-year US Treasury note dropped nearly 5 basis points to 4.08% on Wednesday as signs of labor market weakness bolstered expectations for a near-term Federal Reserve rate cut. ADP’s high-frequency data showed private employers cutting roughly 11,250 jobs per week in the four weeks to October 25, raising concerns while the … - [Australia 10-Year Yield Ticks Up Ahead of Jobs Data](https://todaymarkets.ae/australia-10-year-yield-ticks-up-ahead-of-jobs-data/): Australia’s 10-year bond yield edged up to 4.37%, near a two-month high, as investors await the upcoming labour market report that could influence the Reserve Bank’s rate path. On Monday, RBA Deputy Governor Andrew Hauser highlighted the unusual challenge facing monetary policy, stressing the need to keep conditions tight to contain inflation. He also noted … - [Soybeans Close with Weakness](https://todaymarkets.ae/soybeans-close-with-weakness/): Soybeans closed Tuesday with contracts down 1 to 3 cents. CBoT reported another 125 deliveries overnight, taking the total to 1,707 for the month. The cmdtyView national average Cash Bean price was 2 1/2 cents lower at $10.53 1/4. Soymeal futures were down $2.00 to $3.10 on the day, with Soy Oil futures 41 to 54 points higher. Crop Production data … - [Wheat Closes with Mixed Action](https://todaymarkets.ae/wheat-closes-with-mixed-action/): The wheat complex saw mixed trade on Tuesday, with spring wheat leading the way higher. CBT soft red wheat futures were fractionally to 2 cents higher. KC HRW futures saw Tuesday trade steady to 4 cents lower. MPLS spring wheat futures were up 5 to 6 cents on the day. USDA is expected to release … - [Corn Bulls Push Higher ](https://todaymarkets.ae/corn-bulls-push-higher/): The corn market saw Tuesday gains of 2 to 3 cents across most contracts at the close. The CmdtyView national average Cash Corn price was up 2 3/4 cents at $3.92 3/4.  Ahead of the expected USDA Crop Production report on Friday, a Reuters poll of analysts showed corn yield expected to drop 2.7 bpa to 184 … - [NY Sugar Futures Supported by Strength in the Brazilian Real](https://todaymarkets.ae/ny-sugar-futures-supported-by-strength-in-the-brazilian-real/): March NY world sugar #11 (SBH26) on Tuesday closed up +0.05 (+0.35%), and December London ICE white sugar #5 (SWZ25) closed down -0.30 (-0.07%). Sugar prices settled mixed on Tuesday.  NY sugar found support due to the strength of the Brazilian real.  The real (^USDBRL) rallied to a 17-month high against the dollar on Tuesday, … - [Arabica Coffee Prices Rally with the Brazilian Real](https://todaymarkets.ae/arabica-coffee-prices-rally-with-the-brazilian-real/): December arabica coffee (KCZ25) on Tuesday closed up +7.95 (+1.92%), and January ICE robusta coffee (RMF26) closed down -5 (-0.11%). Coffee prices settled mixed on Tuesday, with arabica posting a 2.5-week high.  Arabica coffee is moving higher amid strength in the Brazilian real (^USDBRL), which climbed to a 17-month high on Tuesday, discouraging export sales … - [Cocoa Prices Sharply Lower on the Prospects for Ample Global Supplies](https://todaymarkets.ae/cocoa-prices-sharply-lower-on-the-prospects-for-ample-global-supplies/): December ICE NY cocoa (CCZ25) on Tuesday closed down -273 (-4.47%), and December ICE London cocoa #7 (CAZ25) closed down -206 (-4.73%). Cocoa prices sold off sharply on Tuesday, with NY cocoa posting a 4-week low and London cocoa falling to a 3-week low. Since posting 6-week highs last Tuesday, cocoa prices have retreated amid … - [US Dollar Index posts modest gains near 99.50 amid hopes of end to US shutdown](https://todaymarkets.ae/us-dollar-index-posts-modest-gains-near-99-50-amid-hopes-of-end-to-us-shutdown/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 99.55 during the Asian trading hours on Wednesday. The DXY edges higher amid hopes for the end of the US government shutdown. Traders will keep an eye on the Fedspeak later … - [GBP/USD moves below 1.3150 as traders expect BoE rate cut in December](https://todaymarkets.ae/gbp-usd-moves-below-1-3150-as-traders-expect-boe-rate-cut-in-december/): GBP/USD extends its losses for the second successive day, trading around 1.3140 during the Asian hours on Wednesday. The pair depreciates as the Pound Sterling (GBP) struggles amid growing expectations that the Bank of England (BoE) will cut interest rates in December. Analysts at Morgan Stanley, Citigroup, and UBS Global Research have shifted their stance and expect … - [WTI trades with mild gains above $60.50 on hopes of US government reopening](https://todaymarkets.ae/wti-trades-with-mild-gains-above-60-50-on-hopes-of-us-government-reopening/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.85 during the Asian trading hours on Wednesday. The WTI trades with mild gains amid renewed investor confidence after a US government deal. Traders await the American Petroleum Institute (API) weekly crude oil stock report and the OPEC monthly oil market report for November, which will be published on … - [Gold consolidates near three-week high as risk-on mood offsets dovish Fed bets](https://todaymarkets.ae/gold-consolidates-near-three-week-high-as-risk-on-mood-offsets-dovish-fed-bets/): Gold (XAU/USD) is seen hovering near a three-week high during the Asian session on Wednesday, with bulls awaiting a move beyond the $4,150-4,155 horizontal barrier before positioning for any further appreciating move. Investors seem convinced that the delayed US macro data will show some weakness in the economy amid a prolonged US government shutdown and prompt … - [USD/CAD holds gains above 1.4000 as US government shutdown nears end](https://todaymarkets.ae/usd-cad-holds-gains-above-1-4000-as-us-government-shutdown-nears-end/): USD/CAD edges higher after three days of losses, trading around 1.4010 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) gains support from the ongoing process to reopen the United States (US) government. Traders will likely observe the upcoming speeches from Federal Reserve (Fed) officials, including Christopher Waller, Raphael Bostic, and Stephen … - [Australian Dollar extends losses despite cautious RBA tone](https://todaymarkets.ae/australian-dollar-extends-losses-despite-cautious-rba-tone/): The Australian Dollar (AUD) weakens against the US Dollar (USD) on Wednesday, extending its losses for the second successive session. The AUD/USD pair declines as the US Dollar (USD) gains support from the ongoing process to reopen the United States (US) government. The AUD may regain support from cautious sentiment surrounding the Reserve Bank of Australia (RBA) … - [Japanese Yen remains depressed amid BoJ rate hike caution, risk-on impulse](https://todaymarkets.ae/japanese-yen-remains-depressed-amid-boj-rate-hike-caution-risk-on-impulse/): The Japanese Yen (JPY) attracts fresh sellers following the previous day’s two-way directionless price moved and drifts back closer to the lowest level since February 13, touched against its American counterpart the previous day. The Bank of Japan (BoJ) has been reluctant to commit to further interest rate hikes on the back of Japan’s Prime … - [EUR/USD remains near 1.1600 as ECB holds steady, Fed easing eyed](https://todaymarkets.ae/eur-usd-remains-near-1-1600-as-ecb-holds-steady-fed-easing-eyed/): EUR/USD remains steady after five days of gains, trading around 1.1580 during the Asian hours on Wednesday. The pair may continue its winning streak as the Euro (EUR) could further gain amid a cautious tone surrounding the European Central Bank (ECB) policy outlook. The ECB is expected to keep interest rates unchanged for now, backed by steady economic performance and inflation … - [Chart of The Day - Silver](https://todaymarkets.ae/chart-of-the-day-silver/): Silver is trading nearly 1% higher today, climbing back above 50 USD per ounce and supported by gains in gold prices. Notably, the metal has been officially added to the U.S. Geological Survey’s 2025 List of Critical Minerals — a move that could, in theory, strengthen industrial demand and reshape the global supply chain. SILVER (D1 timeframe) … - [German ZEW Economic Sentiment Weaker Than Expected](https://todaymarkets.ae/german-zew-economic-sentiment-weaker-than-expected/): German ZEW Economic Sentiment (October): 38.5 (Forecast 41, Previous 39.3) EURUSD slightly loses during the last 30 minutes, however the reaction to weak German data is very calm. Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or … - [Let's Talk U.K. Economy](https://todaymarkets.ae/lets-talk-u-k-economy/): UK labour market data for the three months to September was weak, and the signs also point to weakness for October. The number of people on the payroll is falling, and the unemployment rate rose in Q3 to a pandemic high. Although the number of job vacancies is stable, the number of candidates per job … - [European Stocks Extend Gains](https://todaymarkets.ae/european-stocks-extend-gains/): Stocks in Europe were higher on Tuesday, with the STOXX 50 adding 0.5% and the STOXX 600 rising 0.6%, extending gains from the previous session, amid further signs the end of the US government shutdown is close. After a pact reached in the Senate on Sunday between some Democrats who defected the party’s leadership and … - [FTSE 100 Rises 1% to New Record after Jobs Data](https://todaymarkets.ae/ftse-100-rises-1-to-new-record-after-jobs-data/): The FTSE 100 jumped over 1% to fresh highs near 9,900 on Tuesday as UK unemployment rose to 5%, the highest since 2021, boosting expectations of a Bank of England rate cut next month. Markets now price in an 80% chance of a December move. Blue-chip names helped drive the rally: AstraZeneca and British American … - [Economic Calendar - Germany's ZEW Reading And U.S. NFIB in Focus](https://todaymarkets.ae/economic-calendar-germanys-zew-reading-and-u-s-nfib-in-focus/): Although the U.S. government shutdown is on track to be resolved, it will take longer before we see the release of key American economic data. Today’s main macroeconomic readings will come from secondary sentiment indicators — Germany’s ZEW Economic Sentiment Index, and the NFIB Small Business Optimism Report from the United States, reflecting the mood among small enterprises that employ … - [South Korean Won Slips on Continued Capital Outflows](https://todaymarkets.ae/south-korean-won-slips-on-continued-capital-outflows/): The South Korean won slipped to around 1,464 per dollar on Tuesday, falling to its lowest level in seven months as sentiment was weighed down by concerns over ongoing capital outflows and BOK caution. Foreign investors have been pulling funds from Korean equities, while domestic investors are channeling large-scale investments into the US as part … - [Palm Oil Recovers from 4-Month Low](https://todaymarkets.ae/palm-oil-recovers-from-4-month-low/): Malaysian palm oil futures jumped around 1.5% to above MYR 4,150 per tonne, rebounding from a muted session the prior day. The upturn was driven by strength in rival edible oils on the Dalian and Chicago exchanges and bargain hunting after prices hit a four-month low last week. Meantime, a research firm, Glenauk Economics, expects … - [Chinese Stocks Fall on Profit-Taking](https://todaymarkets.ae/chinese-stocks-fall-on-profit-taking/): The Shanghai Composite fell 0.39% to close at 4,003, while the Shenzhen Component dropped 1.03% to 13,289 on Tuesday as investors took profits after the Shanghai index hit fresh decade highs. Sentiment weakened further after reports that China is developing a rare earth export system that could restrict access for some US firms, raising the … - [Pound Falls as Weak Labor Data Fuels BoE Cut Bets](https://todaymarkets.ae/pound-falls-as-weak-labor-data-fuels-boe-cut-bets/): The British pound weakened to $1.31 after weaker-than-expected labor market data strengthened expectations of a Bank of England interest rate cut next month. Regular pay growth slowed to 4.6% in the third quarter, the weakest since February–April 2022, while total pay, including bonuses, rose 4.8%, slightly below forecasts of 4.9%. Meanwhile, the unemployment rate climbed … - [India 10Y Yield Nears One-Month Low](https://todaymarkets.ae/india-10y-yield-nears-one-month-low/): The yield on India’s 10-year G-Sec dropped below 6.5%, hitting its lowest level in nearly four weeks, as markets priced in expectations that the Reserve Bank will support the bond market through open market operations or by announcing an OMO calendar. The decline came as tighter banking system liquidity, driven by RBI’s foreign-exchange interventions to … - [UK Gilt Yields Steady on Weak Labor Data](https://todaymarkets.ae/uk-gilt-yields-steady-on-weak-labor-data/): The UK 10-year gilt yield held steady just below 4.5%, near its lowest level since December 2024, after weaker-than-expected labor market data reinforced expectations of a Bank of England interest rate cut next month. Regular pay growth slowed to 4.6% in the third quarter, the weakest since February–April 2022, while total pay, including bonuses, rose … - [Platinum Rises on Safe-Haven Demand](https://todaymarkets.ae/platinum-rises-on-safe-haven-demand/): Platinum climbed above $1,580 per ounce, approaching three-week highs as mounting US economic concerns and expectations of further Federal Reserve rate cuts lifted safe-haven demand for precious metals. Data last week showed US job losses in October, particularly in government and retail sectors, while consumer sentiment fell to a 3½-year low in early November. Traders … - [U.K. Labor Market Dat Much Weaker Than Expected](https://todaymarkets.ae/u-k-labor-market-dat-much-weaker-than-expected/): UK unemployment rate came in at 5% vs 4.9% exp. and 4.8% previously Employment change (SA) came in at -32k vs 3k exp. and 1k previously Average Weekly Earnings came in at 4.8% YoY vs 5% exp. and 5% previously (Ex-Bonus at 4.6% YoY vs 4.6% exp. and 4.7% previously) GBPUSD The GBPUSD pair reacted … - [Cattle Start the Week with Limit Gains](https://todaymarkets.ae/cattle-start-the-week-with-limit-gains/): Live cattle futures were the $7.25 limit higher to close out the Monday session. Last week’s cash trade was reported at $225-230 in the north, with $230-232 Southern sales. Feeder cattle futures closed the Monday session with $9.25 limit gains. The CME Feeder Cattle Index was back down $1.86 to $344.37 on November 6. The … - [Soybeans Rally](https://todaymarkets.ae/soybeans-rally/): Soybeans posted 13 to 15 cent gains across most contracts on Monday.  There were another 76 deliveries issued on Friday night, taking the total to 1,582 for the month. The cmdtyView national average Cash Bean price was 12 3/4 cents lower at $10.56 3/4. Soymeal futures were up $0.40 to $2.90 on Monday, with Soy Oil futures 90 to 94 points … - [Corn Bulls Post Gains](https://todaymarkets.ae/corn-bulls-post-gains/): Corn futures were 2 to 3 cents higher across most contracts on Monday. The CmdtyView national average Cash Corn price was up 2 ¼ cents so far at $3.89 ¼.  This morning’s Export Inspections report showed a total of 1.425 MT (56.09 mbu) of corn shipped in the week of 11/6. That was 16.77% below the week … - [Wheat Closes Higher](https://todaymarkets.ae/wheat-closes-higher/): The wheat complex posted gains on Monday to take back some of the Friday weakness. CBT soft red wheat futures posted 8 to 9 cent higher trade on Monday. KC HRW futures posted 6 to 8 cent gains on the Monday session. MPLS spring wheat futures closed the day up 5 to 7 cents to … - [Coffee Prices Supported as Global Supplies Decline](https://todaymarkets.ae/coffee-prices-supported-as-global-supplies-decline/): December arabica coffee (KCZ25) on Monday closed up +6.95 (+1.70%), and January ICE robusta coffee (RMF26) closed down -25 (-0.54%). Coffee prices settled mixed on Monday.  Coffee prices were supported on Monday on signs of tighter global supplies after the International Coffee Organization (ICO) reported that global coffee exports for the current marketing year (Oct-Sep) … - [Cocoa Prices Settle Higher on Smaller Ivory Coast Cocoa Deliveries](https://todaymarkets.ae/cocoa-prices-settle-higher-on-smaller-ivory-coast-cocoa-deliveries/): December ICE NY cocoa (CCZ25) on Monday closed up +89 (+1.48%), and December ICE London cocoa #7 (CAZ25) closed up +36 (+0.83%). Cocoa prices recovered from 1.5-week lows on Monday and settled higher on signs of a slowdown in cocoa exports from the Ivory Coast, the world’s largest cocoa producer.  Monday’s government data showed that … - [NY Sugar Prices Move Higher on Brazilian Real Strength](https://todaymarkets.ae/ny-sugar-prices-move-higher-on-brazilian-real-strength/): March NY world sugar #11 (SBH26) on Monday closed up +0.10 (+0.71%), and December London ICE white sugar #5 (SWZ25) closed down -1.40 (-0.34%). Sugar prices settled mixed on Monday, with London sugar posting a new 4.75-year nearest-futures low.  The outlook for robust global sugar supplies is pressuring prices.  Last Thursday, NY sugar prices slumped … - [Cotton Posts Modest Gains](https://todaymarkets.ae/cotton-posts-modest-gains/): Cotton futures were up 55 to 69 points to close out the Monday session. Crude oil futures were up 30 cents/barrel to $60.05 on the day, with the US dollar index $0.029 higher to $99.50. The Friday online auction from The Seam showed 329 bales sold with an average price of 60.69 cents/lb. The Cotlook … - [Oil Holds Steady as Market Reports Eyed](https://todaymarkets.ae/oil-holds-steady-as-market-reports-eyed/): WTI crude futures held around $60 per barrel on Tuesday, trading sideways so far this week as investors awaited key industry reports amid growing concerns of a potential global supply surplus. OPEC is set to release its monthly market outlook on Wednesday, alongside the International Energy Agency’s annual outlook report. Oil prices have recently come … - [Gold Hits 3-Week High on Dovish Fed Bets](https://todaymarkets.ae/gold-hits-3-week-high-on-dovish-fed-bets/): Gold rose above $4,130 on Tuesday, hitting a three-week high as growing economic uncertainty in the US fueled expectations for a near-term Federal Reserve rate cut. Last week’s data showed job losses in October, particularly in government and retail sectors, while consumer sentiment fell to a 3½-year low in early November. Traders are pricing in … - [Dollar Holds Steady as Shutdown Deal Eyed](https://todaymarkets.ae/dollar-holds-steady-as-shutdown-deal-eyed/): The dollar index was little changed around 99.6 on Tuesday, moving sideways so far this week as investors awaited progress on ending the record-long US government shutdown. The Senate passed a bill to reopen the federal government and end the 40-day shutdown, narrowly securing the 60 votes needed. House Speaker Mike Johnson said the bill … - [Yen Approaches 9-Month Low](https://todaymarkets.ae/yen-approaches-9-month-low/): The Japanese yen depreciated toward 154.5 per dollar on Tuesday, nearing nine-month lows as optimism over a potential US government reopening reduced safe-haven demand. Japan’s economic revitalization minister, Minoru Kiuchi, warned that the weaker yen could push up consumer prices through higher import costs, calling for close monitoring. A draft of Prime Minister Sanae Takaichi’s … - [Kiwi Dollar Hovers Close to 7-Month Low](https://todaymarkets.ae/kiwi-dollar-hovers-close-to-7-month-low/): The New Zealand dollar traded around $0.564, near its lowest level since early April, as a subdued inflation outlook added to expectations of further monetary easing. Business inflation expectations showed two-year projections, the key policy horizon, unchanged at 2.28%, while one-year expectations edged up slightly to 2.39%, within the RBNZ’s 1%–3% target range, suggesting price … - [Hong Kong Shares Edge Lower](https://todaymarkets.ae/hong-kong-shares-edge-lower/): Stocks in Hong Kong fell 64 points or 0.2% to 26,587 on Tuesday morning deals, reversing Monday’s rally as consumer shares led losses. Investor caution grew ahead of key Chinese data releases, including October credit growth, industrial output, and retail sales. Sentiment was further weighed down by uncertainty over the U.S. Senate vote to end … - [China Stocks Slip on Profit-Taking](https://todaymarkets.ae/china-stocks-slip-on-profit-taking/): The Shanghai Composite fell 0.3% to below 4,010, while the Shenzhen Component dropped 0.6% to 13,350 on Tuesday as investors locked in profits after Chinese stocks reached fresh ten-year highs. Investors are shifting from high-flying technology and AI-linked names to high-dividend value plays amid concerns that tech earnings may not justify lofty valuations. Several veteran … - [South Korean Shares Rise on AI Momentum](https://todaymarkets.ae/south-korean-shares-rise-on-ai-momentum/): The benchmark KOSPI rose 1.5% to around 4,133 on Tuesday, extending gains for a second consecutive session as sentiment was supported by a global AI-driven rebound and easing uncertainties over the US government shutdown. Technology stocks led the advance, with Samsung Electronics (+3.9%) and SK hynix (+3.3%) climbing on strong investor interest following an AI-led … - [Japan Bank Lending Growth Tops Forecast](https://todaymarkets.ae/japan-bank-lending-growth-tops-forecast/): Japan’s bank lending rose 4.1% in October 2025, up from a 3.8% gain in September, matching the consensus forecast and marking the fastest pace since April 2021. Total outstanding loans across major, regional, and shinkin banks reached ¥650.8 trillion. Major banks led the expansion with a 4.9% increase, followed by regional banks at 4.2%. Shinkin … - [Senate Approves Bill to End Longest U.S. Government Shutdown](https://todaymarkets.ae/senate-approves-bill-to-end-longest-u-s-government-shutdown/): The U.S. Senate has passed a bill to fund the government and end the longest shutdown in the nation’s history, according to CNBC. The measure was approved 60–40, backed by nearly all Republicans and several moderate Democrats, and will now move to the House of Representatives for a vote. If passed, the bill will be … - [Indian Rupee Stays Sideways](https://todaymarkets.ae/indian-rupee-stays-sideways/): The Indian rupee was little changed around 88.7 per USD, trading in a sideways range, as upbeat comments from US President Trump on a potential India-US trade deal offered limited support. Trump said the US is close to a deal that would deepen economic and security ties and eventually lower tariffs on Indian goods. However, … - [Trade of The Day - US500](https://todaymarkets.ae/trade-of-the-day-us500-2/): Facts: Recommendation: Long position on US500 Opinion: Following Friday’s sharp correction, the crisis in the indices appears to have been contained—at least in the short term. At the start of the week, the markets received two key catalysts for further growth. One of them is the potential end of the U.S. government shutdown and the … - [Countdown to Black Friday - Which Stocks Could Benefit](https://todaymarkets.ae/countdown-to-black-friday-which-stocks-could-benefit/): Black Friday marks more than just one day of promotions — it’s the symbolic beginning of the most lucrative period for global retailers, and especially for e-commerce platforms. While not every brand will see the same sales surge (everything depends on product mix and consumer tastes), one thing is certain — online spending continues to grow, and the e-commerce … - [US100 Gains 1.5%](https://todaymarkets.ae/us100-gains-1-5-2/): The market sees the end of the U.S. government shutdown 💲 US100 futures are up about 1.5% today before the U.S. market open, recovering part of the recent losses amid improving sentiment around the ongoing U.S. government shutdown. US100 (H1) Source: xStation5 The material on this page does not constitute financial advice and does not … - [Cryptocurrencies Gain Amid Improving Sentiments on Wall Street](https://todaymarkets.ae/cryptocurrencies-gain-amid-improving-sentiments-on-wall-street/): Cryptocurrencies attempt a rebound on Monday after sharp declines, during which BTC fell about 20% from its all-time high, while Ethereum pulled back to around $3,000 from $4,900 seen in the summer. Today, both of the largest cryptocurrencies are gaining along with U.S. stock indices, where improving sentiment may signal higher inflows into ETF funds. Hopes for a U.S. government reopening have increased, … - [Chart of The Day - USD/CAD](https://todaymarkets.ae/chart-of-the-day-usd-cad-2/): The USD/CAD pair is attracting market attention today, showing noticeable volatility. Currently, the pair is trading around 1.4013, reflecting the Canadian dollar’s strengthening against the US dollar in recent days. Fluctuations in this pair mirror the current sentiment in both countries’ economies as well as developments in global markets. The exchange rate dynamics result from a … - [Since October Over 40 Million Americans Are Food Insecure](https://todaymarkets.ae/since-october-over-40-million-are-food-insecure/): The government shutdown currently ongoing in the United States, resulting from a budget bill dispute, has extended and officially become the longest in U.S. history. It has surpassed the previous 35-day shutdown, which also occurred under Donald Trump’s administration. The economic, financial, and social impacts are increasingly widespread in the economy.The latest crisis resulting from … - [Chinese Inflation Turns Positive](https://todaymarkets.ae/chinese-inflation-turns-positive/): In October 2025, China recorded its first positive consumer price inflation (CPI) reading since June, with CPI rising 0.2% year-on-year, slightly above market expectations of zero growth. This indicates that the deflation present for most of the year is starting to ease, driven by rising consumer demand and the effects of economic stimulus measures, particularly … - [The Week Ahead](https://todaymarkets.ae/the-week-ahead/): The Week Ahead: risk sentiment gets a boost as US government shutdown set to end Risk sentiment has been given a boost today, after news broke overnight that 8 Democrats had voted with Republicans to advance a procedural vote to bring the record-breaking 40 day government shutdown to an end. Markets set to surge on … - [EUR/USD falls to near 1.1550 as US government shutdown nears resolution](https://todaymarkets.ae/eur-usd-falls-to-near-1-1550-as-us-government-shutdown-nears-resolution/): EUR/USD depreciates after three days of losses, trading around 1.1550 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) receives support after Bloomberg reported the record-breaking US government shutdown is nearing an end. A group of centrist Senate Democrats agreed to support a deal to reopen the government and … - [Gold climbs on global growth worries, hopes for deal on shutdown might cap its upside](https://todaymarkets.ae/gold-climbs-on-global-growth-worries-hopes-for-deal-on-shutdown-might-cap-its-upside/): Gold price (XAU/USD) rises to above $4,050 during the early European trading hours on Monday. The precious metal edges higher amid uncertainty over the US economic outlook. Traders ramped up bets on a US rate cut following weak US private jobs data and a downbeat University of Michigan (UoM) Consumer Sentiment Index survey. Lower interest rates could reduce … - [USD/CAD trades lower to near 1.4030 amid talks to end US federal shutdown](https://todaymarkets.ae/usd-cad-trades-lower-to-near-1-4030-amid-talks-to-end-us-federal-shutdown/): The USD/CAD pair trades 0.12% lower to near 1.4030 during the Asian trading session on Monday. The Loonie pair faces selling pressure as the Canadian Dollar (CAD) broadly outperforms its peers, except antipodeans, following the release of the upbeat Canada labour market data for October on Friday. Canadian Dollar Price Today The table below shows the percentage … - [USD/INR flattens ahead of US Senate vote on federal reopening](https://todaymarkets.ae/usd-inr-flattens-ahead-of-us-senate-vote-on-federal-reopening/): The Indian Rupee (INR) trades flat against the US Dollar (USD) at open on Monday. The USD/INR pair consolidates around 88.80 as the US Dollar (USD) trades calmly on hopes that the United States (US) government shutdown will end soon. At the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major … - [Offshore Yuan Steady Amid Strong Inflation Data](https://todaymarkets.ae/offshore-yuan-steady-amid-strong-inflation-data/): The offshore yuan remained around 7.12 per dollar, trading in a sideways range as weekend data showed consumer prices in China unexpectedly rose 0.2% in October, rebounding from a 0.3% decline in September and defying forecasts for no change. Producer prices fell 2.1% last month, the softest decrease in 14 months. Those figures followed trade … - [Silver Extends Gains](https://todaymarkets.ae/silver-extends-gains/): Silver rose above $49 per ounce on Monday, reaching a three-week high amid growing concerns over the US economy. The rally was supported by a weaker dollar, which makes dollar-denominated commodities cheaper for foreign buyers. The University of Michigan’s consumer sentiment index fell to 50.3 in November, the second-lowest reading on record and below expectations … - [Australian Dollar Gains on Hawkish RBA Comments](https://todaymarkets.ae/australian-dollar-gains-on-hawkish-rba-comments/): The Australian dollar climbed above $0.65, nearing one-week highs, after Reserve Bank of Australia Deputy Governor Andrew Hauser noted that monetary policy faces an unusual challenge and emphasized the need to keep policy tight to contain inflation. Hauser added that demand was “slightly” above potential when GDP growth accelerated last year, marking the tightest recovery … - [US Futures Rise on Hopes of Government Reopening](https://todaymarkets.ae/us-futures-rise-on-hopes-of-government-reopening/): US stock futures advanced on Monday amid signs that lawmakers are nearing a deal to end the record-long government shutdown. Senate Majority Leader John Thune said Sunday that a budget agreement is taking shape, potentially reopening the government through January and reversing some recent federal layoffs. Reports also indicated that some Democrats may back the … - [Inflation Risks Keep RBA Cautious on Policy Easing: Deputy Governor Hauser](https://todaymarkets.ae/inflation-risks-keep-rba-cautious-on-policy-easing-deputy-governor-hauser/): Australia’s monetary policy faces a tricky phase as the economy’s recovery began with demand already exceeding potential output, leaving little room for near-term easing, the Reserve Bank Deputy Governor Andrew Hauser said in a speech on Monday. He noted demand was “slightly” above potential when GDP growth picked up last year, the tightest recovery since … - [Oil Edges Higher Ahead of Market Outlook Reports](https://todaymarkets.ae/oil-edges-higher-ahead-of-market-outlook-reports/): WTI crude futures climbed above $60 per barrel on Monday after declining for two straight weeks, as investors braced for the latest market outlook reports from OPEC and the International Energy Agency this week for fresh market insights. Oil prices came under pressure recently from expectations that global supply will outpace demand, with OPEC and … - [XAU/USD holds above $3,300 on economic uncertainty, geopolitical risks](https://todaymarkets.ae/xau-usd-holds-above-3300-on-economic-uncertainty-geopolitical-risks/): The Gold price (XAU/USD) rebounds to around $3,310 during the early Asian trading hours on Monday. Ongoing tariff uncertainty and persistent geopolitical tensions boost demand for safe-haven assets like gold. Investors will keep an eye on the US May ISM Manufacturing Purchasing Managers’ Index (PMI) report, which is due later on Monday.  The precious metal … - [GBP/USD moves back closer to 1.3500 mark amid broadly weaker USD](https://todaymarkets.ae/gbp-usd-moves-back-closer-to-1-3500-mark-amid-broadly-weaker-usd/): The GBP/USD pair regains positive traction at the start of a new week amid renewed US Dollar (USD) selling, though it remains below the 1.3500 psychological mark during the Asian session. The Personal Consumption Expenditures (PCE) Price Index released on Friday pointed to further easing inflationary pressures in the US and bolstered the case for more policy easing by … - [EUR/USD rises toward 1.1400 as Trump threatens to double import tariffs on steel, aluminum](https://todaymarkets.ae/eur-usd-rises-toward-1-1400-as-trump-threatens-to-double-import-tariffs-on-steel-aluminum/): EUR/USD retraces its recent losses registered in the previous session, trading around 1.1370 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) struggles as the US Court of Appeals, on Thursday, ruling allowing US President Donald Trump’s tariffs to take effect. On Wednesday, a three-judge panel at the Court of International Trade in … - [JPY bulls retain control amid hawkish BoJ expectations, safe-haven buying](https://todaymarkets.ae/jpy-bulls-retain-control-amid-hawkish-boj-expectations-safe-haven-buying/): The Japanese Yen (JPY) remains on the front foot against its American counterpart for the third consecutive day on Monday and seems poised to strengthen further amid a combination of supporting factors. The Tokyo Consumer Price Index (CPI) released on Friday indicated that core inflation accelerated more than expected in May and reaffirmed bets that the Bank … - [AUD rises on US economic concerns amid Trump’s new tariff threats](https://todaymarkets.ae/aud-rises-on-us-economic-concerns-amid-trumps-new-tariff-threats/): The Australian Dollar (AUD) appreciated against the US Dollar (USD) by over 0.50% on Monday. The AUD/USD pair rises as the Greenback may face challenges amid growing concerns regarding slow growth and renewed inflation in the United States (US). US President Donald Trump threatened to double import tariffs on steel and aluminum, increasing them to 50% from 25%.  ANZ … - [USD/INR gains traction on RBI rate cut bets](https://todaymarkets.ae/usd-inr-gains-traction-on-rbi-rate-cut-bets/): The Indian Rupee (INR) extends the decline on Monday. A rise in crude oil prices drags the Indian currency lower. It’s worth noting that India is the world’s third-largest oil consumer, and higher crude oil prices tend to have a negative impact on the INR value. Additionally, the rising expectation that the Reserve Bank of … - [NZD/USD advances to near 0.6000 due to rising Trump tariff tensions](https://todaymarkets.ae/nzd-usd-advances-to-near-0-6000-due-to-rising-trump-tariff-tensions/): NZD/USD appreciated by more than 0.50%, trading around 0.6000 during the Asian hours on Monday. The pair rises as the US Dollar (USD) remains softer amid increasing concerns regarding slow growth and renewed inflation in the United States (US). On Friday, President Trump said at a rally in Pennsylvania that he planned to double import tariffs on steel and aluminum … - [Economic Calendar - U.S. PCE Data And German Inflation in Focus](https://todaymarkets.ae/economic-calendar-u-s-pce-data-and-german-inflation-in-focus/): Today’s economic calendar centers on critical U.S. inflation data that could influence Federal Reserve policy amid ongoing trade tariff uncertainty. The PCE price index—the Fed’s preferred inflation gauge—headlines a packed day that also features German CPI, Canadian GDP, and U.S. consumer sentiment data. Markets remain on edge following yesterday’s appeals court decision to reinstate Trump’s … - [WTI remains below $60.50 as US federal appeals court temporarily reinstates Trump tariffs](https://todaymarkets.ae/wti-remains-below-60-50-as-us-federal-appeals-court-temporarily-reinstates-trump-tariffs/): West Texas Intermediate (WTI) Oil price extends its losses for the second successive session, trading around $60.30 per barrel during the Asian hours on Friday. Crude Oil prices struggle on dampened market sentiment after the US Court of Appeals for the Federal Circuit in Washington temporarily allowed the most sweeping of President Donald Trump’s tariffs … - [USD/CAD softens to near 1.3800 ahead of US PCE, Canadian GDP releases](https://todaymarkets.ae/usd-cad-softens-to-near-1-3800-ahead-of-us-pce-canadian-gdp-releases/): The USD/CAD pair trades in a negative territory around 1.3810 during the early Asian session on Friday. The concerns that a US court ruling would change the outlook for US tariffs weigh on the Greenback. Investors will closely monitor the US April Personal Consumption Expenditures (PCE) Price Index and the Canadian Gross Domestic Product (GDP) data, which … - [USD/INR softens as traders await India GDP, US PCE releases](https://todaymarkets.ae/usd-inr-softens-as-traders-await-india-gdp-us-pce-releases/): The Indian Rupee (INR) gains ground on Friday, snapping the three-day losing streak. The downbeat US economic data and concerns that a US court ruling would change the outlook for US tariffs undermine the US Dollar (USD). A decline in crude oil prices provides some support to the Indian currency, as India is the world’s third-largest oil consumer.  However, … - [EUR/USD edges lower to mid-1.1300s; looks to US PCE Price Index for fresh impetus](https://todaymarkets.ae/eur-usd-edges-lower-to-mid-1-1300s-looks-to-us-pce-price-index-for-fresh-impetus/): The EUR/USD pair struggles to capitalize on the previous day’s solid bounce from the 1.1200 neighborhood, or a one-and-a-half week low, and trades with a mild negative bias during the Asian session on Friday. Spot prices currently hover around the mid-1.1300s, down nearly 0.15% for the day, though the downside remains cushioned. Following the previous … - [NZD/USD maintains position above 0.5950 after trimming recent gains, US PCE inflation eyed](https://todaymarkets.ae/nzd-usd-maintains-position-above-0-5950-after-trimming-recent-gains-us-pce-inflation-eyed/): NZD/USD holds ground after trimming daily gains, trading around 0.5960 during the Asian hours on Friday. The pair offered its gains after weaker economic data was released from New Zealand. Traders will likely observe the US April Personal Consumption Expenditures (PCE) Price Index report, scheduled to be released on Friday. The ANZ–Roy Morgan Consumer Confidence … - [Australian Dollar struggles after disappointing economic data release, US PCE index eyed](https://todaymarkets.ae/australian-dollar-struggles-after-disappointing-economic-data-release-us-pce-index-eyed/): The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday, retracing its recent gains from the previous session. The AUD/USD pair remains subdued following the release of disappointing economic data from Australia. Australia’s seasonally adjusted Retail Sales declined by 0.1% month-over-month in April, against the expectations of remaining consistent at 0.3% growth. Meanwhile, the monthly Building … - [Japanese Yen trims part of strong intraday gains against a broadly recovering USD](https://todaymarkets.ae/japanese-yen-trims-part-of-strong-intraday-gains-against-a-broadly-recovering-usd/): The Japanese Yen (JPY) trims a part of modest intraday gains against a broadly recovering US Dollar (USD), though it retains its positive bias amid a combination of supporting factors. A federal appeals court on Thursday paused a recent decision to block US President Donald Trump’s sweeping tariffs and tempers investors’ appetite for riskier assets. This is … - [Cattle Rallies Back as Cash Strength Continues](https://todaymarkets.ae/cattle-rallies-back-as-cash-strength-continues/): Live cattle futures posted gains of $1.60 to $2.075. Cash trade showed sales at $221-223 in the South on Thursday, with business at $234-235 in the North. Thursday morning’s Fed Cattle Exchange online auction showed sales at $222-225.50 on 773 of the 1,546 head offered. Feeder cattle futures got a Thursday bouncing back, up $4.25 … - [Soybeans Sneak Out Front Month Gains](https://todaymarkets.ae/soybeans-sneak-out-front-month-gains/): Soybeans managed to see a late session surge by the bulls in the nearbys, up 3 to 4 cents. New crop contracts were fractionally mixed. The cmdtyView Cash Bean price was up 3 1/4 cents to $10.05. Soymeal futures were up $1 to $2.70/ton on the day, with Soy Oil futures 22 to 54 points lower. Following a federal trade court … - [Wheat Pops Higher as Spring Wheat Post Double Digit Gains](https://todaymarkets.ae/wheat-pops-higher-as-spring-wheat-post-double-digit-gains/): The wheat complex saw a stronger trade on Thursday, as the spring wheat market lead the charge. Chicago SRW futures were up 3 to 4 cents on the day. Kansas City HRW contracts saw 6 to 7 cent gains. Minneapolis spring wheat futures were 12 to 14 cents in green.  Following a federal trade court … - [Corn Struggles Despite Demand Strength](https://todaymarkets.ae/corn-struggles-despite-demand-strength/): Corn futures saw losses of 2 to 4 cents across most contracts on Thursday, as futures pulled off early session lows.  The front month CmdtyView national average Cash Corn price was down 3 ½ cents at $4.21 1/4.  USDA reported a couple private export sales of corn this morning, with 104,000 MT sold to Mexico and 101,096 … - [Crude Prices Fall on Oversupply Concerns](https://todaymarkets.ae/crude-prices-fall-on-oversupply-concerns/): July WTI crude oil (CLN25) Thursday closed down -0.90 (-1.46%), and July RBOB gasoline (RBN25) closed down -0.0260 (-1.26%). Crude oil and gasoline prices on Thursday gave up an early advance and retreated, with gasoline falling to a 3-week low.  Crude prices were under pressure Thursday amid concerns about a global supply glut, following a … - [Nat-Gas Prices Undercut by Cooler US Temps and Ample Supplies](https://todaymarkets.ae/nat-gas-prices-undercut-by-cooler-us-temps-and-ample-supplies/): July Nymex natural gas (NGN25) on Thursday closed down by -0.035 (-0.98%). July nat-gas prices on Thursday extended Wednesday’s plunge and fell to a 1-1/2 week low on forecast for cooler US weather and a build in nat-gas inventories.  The Commodity Weather Group said Thursday that forecasts have turned cooler for the central US for … - [Coffee Prices Settle Lower as Global Supply Outlook Improves](https://todaymarkets.ae/coffee-prices-settle-lower-as-global-supply-outlook-improves/): July arabica coffee (KCN25) Thursday closed down -3.55 (-1.01%), and July ICE robusta coffee (RMN25) closed down -26 (-0.57%). Coffee prices on Thursday extended their month-long slide, with arabica falling to a 7-week low and robusta dropping to a 6-1/2 month low.   Coffee prices have been under pressure over the past month on the … - [Cocoa Prices Sharply Lower on Improved West African Cocoa Crop Prospects](https://todaymarkets.ae/cocoa-prices-sharply-lower-on-improved-west-african-cocoa-crop-prospects/): July ICE NY cocoa (CCN25) Thursday closed down -524 (-5.44%), and July ICE London cocoa #7 (CAN25) closed down -305 (-4.69%). Cocoa prices on Thursday extended their week-long selloff, with NY cocoa falling sharply to a 2-1/2 week low and London cocoa sinking to a 3-week low.  Cocoa prices are under pressure due to favorable … - [Sugar Prices Climb as Brazil's Sugar Production Falls](https://todaymarkets.ae/sugar-prices-climb-as-brazils-sugar-production-falls/): July NY world sugar #11 (SBN25) Thursday closed up +0.10 (+0.59%), and August London ICE white sugar #5 (SWQ25) closed up +2.20 (+0.47%). Sugar prices on Thursday recovered from early losses and posted moderate gains as short covering emerged on signs of smaller sugar output in Brazil.  Unica reported Thursday that Brazil’s 2025/26 Center-South sugar … - [Cotton Fades Lower ](https://todaymarkets.ae/cotton-fades-lower/): Cotton futures held the weakness into the Thursday close, as contracts were down 34 to 52 points on the day. Crude oil prices were back down $0.97 on the day, with the US dollar index $0.505 lower to $99.260.  Following a federal trade court ruling that President Trump’s liberation day tariffs were illegal, an appeals … - [Chart of The Day - Nasdaq 100](https://todaymarkets.ae/chart-of-the-day-nasdaq-100-3/): The US100 contract returned to dynamic gains following Nvidia’s (NVDA.US) solid results, which demonstrate that demand for AI remains strong. The company eased concerns about margin declines and presented promising revenue forecasts despite expected sales losses in China. The earnings report also featured geopolitical highlights. Nvidia CEO Jensen Huang praised the US president for his “bold … - [Economic Calendar - U.S. GDP Revision And EIA Report in Focus](https://todaymarkets.ae/economic-calendar-u-s-gdp-revision-and-eia-report-in-focus/): The night brought euphoria following Nvidia’s earnings and a completely new reality in trade relations, after the U.S. Court of International Trade blocked parts of the tariffs imposed via Donald Trump’s executive orders. Declared illegal were the global 10% tariff and the so-called fentanyl tariffs on China, Canada, and Mexico. The Trump administration has already announced it will … - [Gold price seems vulnerable below $3,300 amid tariffs news, stronger USD](https://todaymarkets.ae/gold-price-seems-vulnerable-below-3300-amid-tariffs-news-stronger-usd/): Gold price (XAU/USD) touched a one-and-a-half week low, around the $3,246-3,245 area during the Asian session on Thursday in reaction to the news that a federal court blocked US President Donald Trump’s trade tariffs from going into effect. The ruling led to a sharp bounce in risk trade and weighed heavily on traditional safe-haven assets, which, … - [NZD/USD attracts some sellers below 0.5950 as US court blocks Trump's reciprocal tariffs](https://todaymarkets.ae/nzd-usd-attracts-some-sellers-below-0-5950-as-us-court-blocks-trumps-reciprocal-tariffs/): The NZD/USD pair weakens to near 0.5935 during the early Asian trading hours on Thursday bolstered by a firmer US Dollar (USD). The renewed trade tensions between the United States (US) and China weigh on the China-proxy Kiwi. US President Donald Trump’s administration suspended some sales to China of critical US technologies, including those related to jet engines, semiconductors, and certain chemicals. … - [XAG/USD hovers around nine-day EMA near $33.00](https://todaymarkets.ae/xag-usd-hovers-around-nine-day-ema-near-33-00/): Silver price (XAG/USD) halts its two-day losing streak, trading around $33.20 per troy ounce during the Asian hours on Thursday. Technical analysis of the daily chart indicates a neutral bias, as the price of the precious metal consolidates within a rectangular pattern. The 14-day Relative Strength Index (RSI) has moved slightly above the 50 level, indicating a … - [US Dollar Index rises to near 100.50 after court ruling Trump tariffs, Q1 GDP data eyed](https://todaymarkets.ae/us-dollar-index-rises-to-near-100-50-after-court-ruling-trump-tariffs-q1-gdp-data-eyed/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the third successive day and trading more than 0.50% higher around 100.30 during the Asian hours on Thursday. Traders are likely awaiting the preliminary US Q1 Gross Domestic Product (GDP) Annualized, Personal Consumption Expenditures … - [WTI rises above $62.00 as OPEC+ holds oil quotas](https://todaymarkets.ae/wti-rises-above-62-00-as-opec-holds-oil-quotas/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.15 during the Asian trading hours on Thursday. The WTI price edges higher on supply concerns after OPEC+ agreed to leave their output policy unchanged.  The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to leave their formal output quotas unchanged. … - [USD/INR extends the rally as US court blocks US President Donald Trump's tariffs](https://todaymarkets.ae/usd-inr-extends-the-rally-as-us-court-blocks-us-president-donald-trumps-tariffs/): The Indian Rupee (INR) softens on Thursday. The month-end US Dollar (USD) demand and the headline surrounding the US court blocking US President Donald Trump’s tariffs provide some support to the US Dollar (USD) and weigh on the Indian currency. Additionally, a rise in crude oil prices could exert some selling pressure on the Indian currency, as … - [AUD extends losses as US Dollar advances on court ruling of Trump tariffs](https://todaymarkets.ae/aud-extends-losses-as-us-dollar-advances-on-court-ruling-of-trump-tariffs/): The Australian Dollar (AUD) remains subdued for the fourth successive session on Thursday, following disappointing Private Capital Expenditure data for the first quarter. The AUD/USD pair extends its losses as the US Dollar (USD) is trading higher after a US federal court blocked US President Donald Trump’s “Liberation Day” tariffs from taking effect. A Reuters report showed … - [JPY dives to nearly two-week low against USD on tariff news](https://todaymarkets.ae/jpy-dives-to-nearly-two-week-low-against-usd-on-tariff-news/): The Japanese Yen (JPY) attracts heavy selling during the Asian session on Thursday in reaction to the news that a US federal court blocked President Donald Trump’s “Liberation Day” tariffs from going into effect. The development boosts investors’ confidence and triggers a fresh wave of the risk-on trade, which, in turn, weighs heavily on traditional … - [EUR/USD drops below 1.1250 as US Dollar appreciates ahead of Q1 GDP Annualized](https://todaymarkets.ae/eur-usd-drops-below-1-1250-as-us-dollar-appreciates-ahead-of-q1-gdp-annualized/): EUR/USD extends its losing streak for the third successive session, trading around 1.1240 during the Asian hours on Thursday. The preliminary US Q1 Gross Domestic Product (GDP) Annualized, Personal Consumption Expenditures Prices QoQ, and Initial Jobless Claims, scheduled to be released later in the day. The EUR/USD pair depreciates as the US Dollar (USD) gains ground following a decision … - [USD/CHF rallies to over one-week top, close to mid-0.8300s on the tariff-block news](https://todaymarkets.ae/usd-chf-rallies-to-over-one-week-top-close-to-mid-0-8300s-on-the-tariff-block-news/): The USD/CHF pair regains positive traction following the previous day’s directionless price move and jumps to over a one-week high, around the 0.8345-0.8350 area during the Asian session Thursday. Moreover, the fundamental backdrop supports prospects for an extension of a multi-day-old uptrend from sub-0.8200 levels, or a nearly three-week low touched on Monday. The global … - [The wheat market held onto some gains ](https://todaymarkets.ae/the-wheat-market-held-onto-some-gains/): The wheat market held onto some gains on the Wednesday session with spring wheat leading the charge. Chicago SRW futures were up 1 to 2 cents at the close. Kansas City HRW contracts are were firmer, with just fractional gains on the day. Minneapolis spring wheat futures were the bull leaders thanks to the weaker … - [Weaker trade Weighs on Corn](https://todaymarkets.ae/weaker-trade-weighs-on-corn/): Corn futures closed out the Wednesday session with weaker trade, as contracts were down 3 to 8 ½ cents at the close. A light news day and rains in the forecast added to some bearish movement.  The front month CmdtyView national average Cash Corn price was down 8 1/2 cent at $4.25.  After the close, the weekly … - [Soybeans Pullback with 12 to 14 cent losses](https://todaymarkets.ae/soybeans-pullback-with-12-to-14-cent-losses/): Soybean futures settled Wednesday with 12 to 14 cent losses, as weaker products and lack of bullish news sent the market lower. The cmdtyView Cash Bean price was down 13 1/4 cents to $10.02 3/4. Soymeal futures were down $1.90 to $2.60/ton on the day, with Soy Oil futures 44 to 67 points lower. Crop Progress data from Tuesday afternoon showed … - [Cattle Continue Pullback](https://todaymarkets.ae/cattle-continue-pullback/): Live cattle futures posted Wednesday losses $1 to $1.20 in the front months. Cash trade this week has been slow, with very light trade picked up in KS at $220 today. The Wednesday morning Fed Cattle Exchange online auction showed no sales on 1,546 head offered, with bids ranging from $215-220. Feeder cattle futures fell … - [Coffee Prices Sharply Lower as Global Coffee Supply Outlook Improves](https://todaymarkets.ae/coffee-prices-sharply-lower-as-global-coffee-supply-outlook-improves/): July arabica coffee (KCN25) Wednesday closed down -9.75 (-2.70%), and July ICE robusta coffee (RMN25) closed down -104 (-2.21%). Coffee prices on Wednesday sold off sharply, with arabica falling to a 7-week low and robusta dropping to a 6-1/2 month low.   Coffee prices have been under pressure over the past four weeks on the … - [Beneficial Rain in West Africa Pressures Cocoa Prices](https://todaymarkets.ae/beneficial-rain-in-west-africa-pressures-cocoa-prices/): July ICE NY cocoa (CCN25) Wednesday closed down -105 (-1.08%), and July ICE London cocoa #7 (CAN25) closed down -56 (-0.85%). Cocoa prices on Wednesday retreated to 2-week lows.  Cocoa prices were under pressure due to forecasts for favorable rain in West Africa, which is expected to aid cocoa crop development in the world’s largest … - [Cotton Gives into Weakness ](https://todaymarkets.ae/cotton-gives-into-weakness/): Cotton futures closed Wednesday with contracts down 22 to 26 points in the front months, as the outside markets were mixed. Crude oil prices were back up $0.96 on the day, with the US dollar index $0.390 higher to $99.815.  Weekly NASS Crop Progress data showed 52% of the crop planted as of 5/25, lagging … - [Sugar Prices Fall Sharply on Outlook for Robust Global Supplies](https://todaymarkets.ae/sugar-prices-fall-sharply-on-outlook-for-robust-global-supplies/): July NY world sugar #11 (SBN25) Wednesday closed down -0.32 (-1.86%), and August London ICE white sugar #5 (SWQ25) closed down -11.20 (-2.32%). Sugar prices sold off on Wednesday, with NY sugar falling to a 3-3/4 year nearest-futures low and London sugar falling to a 4-1/4 month low.  Over the past two weeks, expectations for … - [Crude Prices Rally on Risks to Russian and Iranian Oil Supplies](https://todaymarkets.ae/crude-prices-rally-on-risks-to-russian-and-iranian-oil-supplies/): July WTI crude oil (CLN25) Wednesday closed up +0.95 (+1.56%), and July RBOB gasoline (RBN25) closed up +0.0152 (+0.74%). Crude oil and gasoline prices rallied Wednesday on concern the US might ramp up sanctions on Russian crude exports since Russian President Putin refuses to agree to a ceasefire with Ukraine.  Crude oil also has support … - [Nat-Gas Prices Sink Ahead of June Futures Contract Expiration](https://todaymarkets.ae/nat-gas-prices-sink-ahead-of-june-futures-contract-expiration/): June Nymex natural gas (NGM25) on Wednesday closed down sharply by -0.194 (-5.71%). June nat-gas prices on Wednesday gave up an early advance and sold off to a 1-week low as fund liquidation weighed on prices ahead of the expiration of the June nat-gas contract. Expectations for a larger-than-normal build in weekly nat-gas inventories also … - [Chart of The Day - Bitcoin](https://todaymarkets.ae/chart-of-the-day-bitcoin/): Bitcoin continues to consolidate near record highs above $109,000. The market’s enthusiasm is driven by Bitcoin’s growing popularity among institutions and businesses. However, retail investor engagement remains at historically low levels. The Bitcoin and broader cryptocurrency market is undergoing a new wave of institutional adoption and growing geopolitical relevance. MicroStrategy continues its aggressive accumulation strategy, … - [Trade of The Day - GBP/USD](https://todaymarkets.ae/trade-of-the-day-gbp-usd-2/): Facts:GBPUSD broke below the lower limit of 1:1 structure at 1.3483The pair is trading below 100-period moving average from H1 interval Recommendation: Trade: Short position on GBPUSD at market priceTarget: 1.3400, 1.3255Stop: 1.3525 Opinion: GBPUSD has been trading in an upward trend recently. However, looking at the H1 interval, we can see that the recent upward move … - [EUR/JPY Breaks below 163.50, support appears near nine-day EMA](https://todaymarkets.ae/eur-jpy-breaks-below-163-50-support-appears-near-nine-day-ema/): EUR/JPY halts its two-day winning streak, trading around 163.30 during the Asian hours on Wednesday. The weakening of a bullish bias appears as the currency cross remains slightly below the lower boundary of the ascending channel, as suggested by the technical analysis of the daily chart. However, the EUR/JPY cross maintains its position slightly above the nine-day … - [JPY remains on the back foot against mildly positive USD](https://todaymarkets.ae/jpy-remains-on-the-back-foot-against-mildly-positive-usd/): The Japanese Yen (JPY) turns lower for the third straight day against a broadly recovering US Dollar (USD) and drops to over a one-week low during the Asian session on Wednesday. Comments from Japan’s Finance Minister Katsunobu Katō suggested that the government will take some action to curb the recent sharp rise in Japanese bond yields. This, … - [NZD/USD surges above 0.5950 after RBNZ’s policy decision](https://todaymarkets.ae/nzd-usd-surges-above-0-5950-after-rbnzs-policy-decision/): NZD/USD recovers its recent losses from the previous session, trading around 0.5970 during the Asian hours on Wednesday. The pair appreciates as the New Zealand Dollar (NZD) gains ground following the Reserve Bank of New Zealand’s (RBNZ) interest rate decision. The RBNZ lowered its Official Cash Rate (OCR) by 25 basis points (bps) to 3.25% from 3.5% … - [GBP/USD Keeps bullish vibe, first upside target emerges above 1.3550](https://todaymarkets.ae/gbp-usd-keeps-bullish-vibe-first-upside-target-emerges-above-1-3550/): The GBP/USD pair attracts some sellers to around 1.3480 during the Asian trading hours on Wednesday. The Greenback strengthens against the Pound Sterling (GBP) on the economic signs in the United States (US).  Data released by the Conference Board on Tuesday showed that the US Consumer Confidence Index rose to 98.0 in May from 86.0 (revised … - [AUD remains tepid as US Dollar rises ahead of FOMC Meeting Minutes](https://todaymarkets.ae/aud-remains-tepid-as-us-dollar-rises-ahead-of-fomc-meeting-minutes/): The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Wednesday for the third successive session. The AUD/USD pair loses ground after the release of the Monthly Consumer Price Index (CPI). However, the Australian Bureau of Statistics reported that monthly inflation, in the price of a fixed basket of goods and services acquired by household consumers, … - [USD/INR climbs on MSCI-driven outflows, FOMC Minutes eyed](https://todaymarkets.ae/usd-inr-climbs-on-msci-driven-outflows-fomc-minutes-eyed/): The Indian Rupee (INR) weakens on Wednesday. Foreign outflows worth $900 million from Zomato due to MSCI index rebalancing, along with the expectations of interest rate cuts by the Reserve Bank of India (RBI) weigh on the local currency. The month-end US Dollar (USD) demand from local companies and foreign banks might also contribute to the INR’s … - [EUR/USD falls toward 1.1300 as bond market optimism outweighs impact of US-EU tariff delay](https://todaymarkets.ae/eur-usd-falls-toward-1-1300-as-bond-market-optimism-outweighs-impact-of-us-eu-tariff-delay/): EUR/USD continues its losses for the second successive day, trading around 1.1310 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) draws support and as US yields depreciate following Japan’s indication of potential cuts in government debt issuance, which has boosted global bond markets. At the time of writing, the 10- and 30-year … - [Gold price seems vulnerable below $3,300 amid modest USD strength](https://todaymarkets.ae/gold-price-seems-vulnerable-below-3300-amid-modest-usd-strength/): Gold price (XAU/USD) struggles to capitalize on a modest Asian session uptick and currently trades just below the $3,300 mark, close to the weekly low touched the previous day. Better-than-expected US economic data released on Tuesday calmed recession fears and assisted the US Dollar (USD) in attracting buyers for the second straight day, which, in turn, is seen undermining the … - [Expectations for Higher OPEC+ Output Weigh on Crude Prices](https://todaymarkets.ae/expectations-for-higher-opec-output-weigh-on-crude-prices/): July WTI crude oil (CLN25) Tuesday closed down -0.64 (-1.04%), and July RBOB gasoline (RBN25) closed down -0.0275 (-1.32%). Crude oil and gasoline prices on Tuesday settled sharply lower, with gasoline posting a 2-1/2 week low.  Tuesday’s stronger dollar weighed on energy prices.  Crude prices were also under pressure due to concerns about oversupply, as … - [Forecasts for Warm US Temps Boost Nat-Gas Prices](https://todaymarkets.ae/forecasts-for-warm-us-temps-boost-nat-gas-prices/): June Nymex natural gas (NGM25) on Tuesday closed up by +0.064 (+1.92%). June nat-gas prices on Tuesday recovered from early losses and settled higher.  Short-covering emerged in nat-gas futures Tuesday due to forecasts for warmer US temperatures, which could boost nat-gas demand from electricity providers to run air conditioning.  NatGasWeather said Tuesday that most of … - [Cattle Pulls Off Lows](https://todaymarkets.ae/cattle-pulls-off-lows/): Live cattle futures were down 67 cents to $1.15 on Tuesday. Last week’s cash trade was reported at $230-231 live in the north and dressed at $360-370. Southern trade was light, from 220 to $222. Feeder cattle futures bounced off the early midday losses to close with $2 to $2.25 on Tuesday. The CME Feeder … - [Wheat Trades Lower](https://todaymarkets.ae/wheat-trades-lower-2/): The wheat complex faded lower on Tuesday. Chicago SRW futures were down 13 to 14 cents at the close. The Kansas City HRW contracts posted losses of 14 to 15 on the Tuesday session. Minneapolis spring wheat futures were 10 to 12 cents in the red. Weekly Crop Progress data tallied the spring wheat crop … - [Soybeans Hold onto Gains](https://todaymarkets.ae/soybeans-hold-onto-gains/): Soybean saw strength on Tuesday, as contracts were steady to 3 cents higher across most months. The cmdtyView Cash Bean price was up 3 3/4 cents to $10.15. Soymeal futures were a dime higher to 40 cents/ton lower on the day, with Soy Oil futures up 4 to 25 points. Weekly Export Inspections data tallied soybean shipments at just 194,904 MT … - [Corn Falls Lower, as Ratings Come in Below Expectations](https://todaymarkets.ae/corn-falls-lower-as-ratings-come-in-below-expectations/): Corn futures were weighed down by a weaker wheat market, as contracts closed steady in July and 4 to 5 cents lower in the new crop months. The front month CmdtyView national average Cash Corn price was up 1/2 cent at $4.33 1/4.  After the close, the weekly Crop Progress report showed the US corn crop at … - [Cotton Faces Outside Pressure](https://todaymarkets.ae/cotton-faces-outside-pressure/): Cotton futures faded weaker into the Tuesday close, with contracts down 31 to 54 points. Crude oil prices were back down 40 cents on the day, with the US dollar index $0.500 higher to $99.510.  Weekly NASS Crop Progress data showed 52% of the crop planted as of 5/25, lagging the 56% average. The crop … - [Favorable Growing Conditions in West Africa Undercut Cocoa Prices](https://todaymarkets.ae/favorable-growing-conditions-in-west-africa-undercut-cocoa-prices/): July ICE NY cocoa (CCN25) Tuesday closed down -25 (-0.26%), and July ICE London cocoa #7 (CAN25) closed down -82 (-1.23%). Cocoa prices on Tuesday closed lower, with London cocoa posting a 2-week low.  Forecasts for favorable rain in West Africa are expected to aid cocoa crop development in the world’s largest cocoa-growing regions, a … - [Lackluster Rain in Brazil Supports Arabica Coffee Prices](https://todaymarkets.ae/lackluster-rain-in-brazil-supports-arabica-coffee-prices/): July arabica coffee (KCN25) Tuesday closed up +0.70 (+0.19%), and July ICE robusta coffee (RMN25) closed down -94 (-1.96%). Coffee prices on Tuesday settled mixed, with robusta falling sharply to a 7-week low.  Arabica coffee moved higher on Tuesday on concern that poor weather in Brazil will reduce crop yields.  Somar Meteorologia reported Monday that … - [Sugar Prices Slide on the Outlook for Robust Global Supplies](https://todaymarkets.ae/sugar-prices-slide-on-the-outlook-for-robust-global-supplies/): July NY world sugar #11 (SBN25) today is down -0.11 (-0.64%), and August London ICE white sugar #5 (SWQ25) is down -1.90 (-0.39%). Sugar prices are sliding today, with NY sugar posting a 3-week low and London sugar posting a 4-1/4 month low.  Over the past two weeks, expectations for a global sugar surplus have … - [DAX Nears ATH Despite Poor Automakers Sales](https://todaymarkets.ae/dax-nears-ath-despite-poor-automakers-sales/): European markets extended their positive momentum on Tuesday, building on Monday’s strong rally with continued gains across most major indices as investor confidence remained elevated following the US tariff deadline extension. The pan-European EU50 index added another 0.26% to reach 5,414.6, while Germany’s DE40 climbed 0.41% to 24,145.6, maintaining the optimistic sentiment that emerged after … - [Risk Sentiment Picks Up as Bonds Come to The Fore](https://todaymarkets.ae/risk-sentiment-picks-up-as-bonds-come-to-the-fore/): Bond yields are falling this morning, easing fears of a sovereign debt crunch for some of the world’s most indebted nations. The drop in bond yields is most pronounced in Japan, the 30-year yield is down 20bps, the 30-year US Treasury yield is lower by 7bps and yields in Europe are also lower, led by … - [Economic Calendar - Durable Goods Orders And U.S. CB Confidence](https://todaymarkets.ae/economic-calendar-durable-goods-orders-and-u-s-cb-confidence/): We start Tuesday’s session in European markets. Futures indicate mixed sentiment after yesterday’s gains fueled by tariff news. Markets in the US and UK are resuming trading after the bank holiday, and investors’ attention will turn today to several macro data readings and speeches from central bankers from the ECB and Fed. Daily calendar: The … - [Trade of The Day - AUD/USD](https://todaymarkets.ae/trade-of-the-day-aud-usd/): Facts:AUDUSD is trading in an upward trend from 16th of mayThe pair bounced off the key support at 0.6465 Recommendation: Trade: Long position on AUDUSD at market priceTarget: 0.6530, 0.6557Stop: 0.6455 Opinion: Looking at the AUDUSD on H1 interval, we can see that the pair reached a key technical support. The pair bounced off the area … - [Mid Morning Market Update](https://todaymarkets.ae/mid-morning-market-update-13/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [USD/CHF Bearish outlook remains in play below 0.8250](https://todaymarkets.ae/usd-chf-bearish-outlook-remains-in-play-below-0-8250/): The USD/CHF pair recovers some lost ground to near 0.8220 during the early European session on Tuesday. However, the potential upside for the pair might be limited amid the concerns over the mounting US national deficit. Traders await the US Conference Board’s Consumer Confidence report, which is due later on Tuesday. Also, Durable Goods Orders and the … - [US Dollar Index Hovers around 99.00, with a persistent bearish bias](https://todaymarkets.ae/us-dollar-index-hovers-around-99-00-with-a-persistent-bearish-bias/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent losses from the previous session. The DXY is trading around 98.80 during the Asian hours on Tuesday. On the daily chart, technical analysis suggested a persistent bearish bias, with the index moving downwards within a … - [NZD/USD extends the rally to near 0.6000 ahead of RBNZ rate decision](https://todaymarkets.ae/nzd-usd-extends-the-rally-to-near-0-6000-ahead-of-rbnz-rate-decision/): The NZD/USD pair extends its upside to around 0.6000 during the early Asian session on Tuesday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) amid renewed trade tensions and growing concerns about the US fiscal outlook. The Reserve Bank of New Zealand (RBNZ) interset rate decision will be in the spotlight … - [GBP/USD maintains position above 1.3550 near 39-month highs due to risk-on mood](https://todaymarkets.ae/gbp-usd-maintains-position-above-1-3550-near-39-month-highs-due-to-risk-on-mood/): GBP/USD extends its winning streak for the third successive session, trading around 1.3570 during the Asian hours on Tuesday. The pair is hovering near the 39-month high of 1.3593, which was marked on Monday. The pair continues to appreciate as the US Dollar (USD) weakens due to growing fears over the United States’ (US) debt … - [USD/INR holds steady amid a softer US Dollar](https://todaymarkets.ae/usd-inr-holds-steady-amid-a-softer-us-dollar/): The Indian Rupee (INR) flat lines on Tuesday after hitting a two-week high in the previous session. A broader gain in the Asian currencies on account of a weak US Dollar (USD) could provide some support to the Indian currency. Additionally, a decline in crude oil prices might contribute to the INR’s upside. It’s worth noting that … - [EUR/JPY Bulls and bears jostle around 200-hour SMA, above mid-162.00s](https://todaymarkets.ae/eur-jpy-bulls-and-bears-jostle-around-200-hour-sma-above-mid-162-00s/): The EUR/JPY cross dropped to the 162.00 mark during the Asian session on Tuesday and eroded a major part of the previous day’s gains led by the optimism over the EU tariff delay. Spot prices, however, recover the early lost ground and currently trade just above mid-162.00s, nearly unchanged for the day. From a technical … - [XAG/USD holds losses below $33.50 due to fading safe-haven demand](https://todaymarkets.ae/xag-usd-holds-losses-below-33-50-due-to-fading-safe-haven-demand/): Silver price (XAG/USD) loses ground after registering gains in the previous two sessions, trading around $33.40 per troy ounce during the Asian hours on Tuesday. The grey metal attracts sellers due to diminished safe-haven demand amid the easing trade tension between the United States (US) and the European Union (EU) improves the traders’ risk appetite. Following … - [The Japanese Yen sticks to intraday gains](https://todaymarkets.ae/the-japanese-yen-sticks-to-intraday-gains/): The Japanese Yen (JPY) retreats a few pips from over a one-month high touched against a weaker US Dollar (USD) during the Asian session on Tuesday, in reaction to strong domestic inflation data. US President Donald Trump’s announcement to delay imposing tariffs on the European Union (EU) is seen as acting as a headwind for … - [EUR/USD gathers strength to near 1.1400 as Trump delays EU tariffs](https://todaymarkets.ae/eur-usd-gathers-strength-to-near-1-1400-as-trump-delays-eu-tariffs/): The EUR/USD pair trades in positive territory near 1.1395 during the Asian trading hours on Tuesday. The Euro (EUR) edges higher to the highest since late April against the US Dollar (USD) after US President Donald Trump delayed the imposition of 50% tariffs on Europe. The US Conference Board’s Consumer Confidence for May will be published later on Tuesday.  Reuters … - [AUD remains subdued despite a weaker US Dollar due to growing debt issues](https://todaymarkets.ae/aud-remains-subdued-despite-a-weaker-us-dollar-due-to-growing-debt-issues/): The Australian Dollar (AUD) remains subdued against the US Dollar (USD) for the second successive day on Tuesday. However, the AUD/USD pair maintains its position near a psychological 0.6500 level after pulling back from a six-month high of 0.6537, which was reached on Monday. However, the continued decline in the US Dollar provides support for the pair, … - [XAU/USD price consolidates below two-week high; bullish potential seems intact](https://todaymarkets.ae/xau-usd-price-consolidates-below-two-week-high-bullish-potential-seems-intact/): Gold price (XAU/USD) struggles to gain any meaningful traction and oscillates in a narrow band during the Asian session on Tuesday amid mixed fundamental cues. Investors cheered US President Donald Trump’s decision to delay imposing tariffs on the European Union (EU), which, in turn, is seen acting as a headwind for the safe-haven commodity. However, the … - [Three Markets to Watch This Week](https://todaymarkets.ae/three-markets-to-watch-this-week/): The previous week was marked by fiscal turmoil in the U.S., which sowed uncertainty about the financial stability of the world’s largest economy. Both the equity and bond markets recorded significant losses, pointing to a reactivation of the “Sell America” sentiment. Legislative developments will remain in focus this week: the U.S. Senate will take up … - [Economic Calendar - Tariff Talks in Focus](https://todaymarkets.ae/economic-calendar-tariff-talks-in-focus/): Following Donald Trump’s move on Friday, trade negotiations between the EU and the U.S. will remain the key focus for markets in the coming hours.  Overnight, the 50% tariffs on all EU goods have been postponed until the conclusion of official trade talks (i.e., until July 9). However, potential comments from the European Commission, the … - [Mid-Morning Update](https://todaymarkets.ae/mid-morning-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [GBP/USD Hits fresh 39-month highs near 1.3600](https://todaymarkets.ae/gbp-usd-hits-fresh-39-month-highs-near-1-3600/): The GBP/USD pair extends its winning streak for the second successive session, trading around 1.3580 during Monday’s Asian hours. The technical analysis of the daily chart suggests that a bullish bias prevails as the pair moves upwards within an ascending channel pattern. The GBP/USD pair continues to rise above the nine-day Exponential Moving Average (EMA), suggesting the … - [EUR/JPY Climbs beyond mid-162.00s, bulls have the upper hand while above 200-day SMA](https://todaymarkets.ae/eur-jpy-climbs-beyond-mid-162-00s-bulls-have-the-upper-hand-while-above-200-day-sma/): The EUR/JPY cross gains strong positive traction at the start of a new week and snaps a three-day losing streak to the 161.00 neighborhood, or a nearly one-month low set on Friday. US President Donald Trump’s decision to delay the implementation of tariffs on the European Union (EU) boosts the shared currency and lifts spot … - [EUR/USD rises to near 1.1400 as Trump extends tariff deadline on imports from EU](https://todaymarkets.ae/eur-usd-rises-to-near-1-1400-as-trump-extends-tariff-deadline-on-imports-from-eu/): EUR/USD extends its gains for the second successive session, trading around 1.1390 during the Asian hours on Monday. The Euro (EUR) gains ground as Bloomberg reported that US President Donald Trump agreed to extend the 50% tariff deadline on the European Union (EU) until July 9. On Sunday. European Commission President Ursula von der Leyen posted … - [XAG/USD Bullish outlook remains in play near $33.50](https://todaymarkets.ae/xag-usd-bullish-outlook-remains-in-play-near-33-50/): The Silver price (XAG/USD) trades with mild gains around $33.50 during the early European session on Monday. The escalating geopolitical tensions along with the weaker Dollar (USD) provide some support to the safe-haven currency like the Japanese Yen (JPY). Traders will keep an eye on the Bank of Japan’s (BoJ) Governor Kazuo Ueda speech later on Monday. … - [XAU/USD trades with mild negative bias below two-week top touched on Friday](https://todaymarkets.ae/xau-usd-trades-with-mild-negative-bias-below-two-week-top-touched-on-friday/): Gold price (XAU/USD) edges lower during the Asian session on Monday in reaction to US President Donald Trump’s decision to delay the implementation of tariffs on the European Union (EU). This, in turn, held back bulls from placing fresh bullish bets around the precious metal, especially after last week’s sharp rally of nearly 5%. Any meaningful … - [USD/CAD slides below 1.3700 mark, fresh YTD trough amid sustained USD selling](https://todaymarkets.ae/usd-cad-slides-below-1-3700-mark-fresh-ytd-trough-amid-sustained-usd-selling/): The USD/CAD pair prolongs its downtrend witnessed over the past week or so and attracts some follow-through selling during the Asian session on Monday. The downward momentum drags spot prices below the 1.3700 round figure, to the lowest level since October 2024 and is sponsored by a broadly weaker US Dollar (USD). The USD Index … - [WTI holds gains above around $61.50 due to easing US-EU trade concerns](https://todaymarkets.ae/wti-holds-gains-above-around-61-50-due-to-easing-us-eu-trade-concerns/): West Texas Intermediate (WTI) Oil price is trading around $61.50 per barrel during the Asian hours on Monday, extending its gains for the second successive day. Crude Oil prices gain ground amid easing concerns over a trade war between the United States (US) and the European Union (EU). Bloomberg reported that US President Donald Trump agreed to … - [NZD/USD moves above 0.6000 despite NZIER’s recommendation for a rate cut](https://todaymarkets.ae/nzd-usd-moves-above-0-6000-despite-nziers-recommendation-for-a-rate-cut/): NZD/USD hits fresh six-month highs, with trading around 0.6030 during the Asian hours on Monday. The pair continues its winning streak for the second successive day as the US Dollar remains under downward pressure amid rising United States (US)-debt concerns. The US fiscal deficit could increase further when Trump’s “One Big Beautiful Bill” passes through … - [USD/INR loses momentum on weaker US Dollar](https://todaymarkets.ae/usd-inr-loses-momentum-on-weaker-us-dollar/): The Indian Rupee (INR) edges higher on Monday after hitting its best performance in more than two years in the previous session. According to Bloomberg, the Indian currency’s biggest gain was seen after November 11, 2022, when it appreciated around 99 paise in a single day. Mounting concerns about US fiscal health and selling US … - [JPY bulls have the upper hand amid trade optimism and hawkish BoJ expectations](https://todaymarkets.ae/jpy-bulls-have-the-upper-hand-amid-trade-optimism-and-hawkish-boj-expectations/): The Japanese Yen (JPY) hit a fresh monthly high against its American counterpart following an Asian session slide on Monday and seems poised to appreciate further. Hopes that Japan will strike a trade deal with the US soon and the growing acceptance that the Bank of Japan (BoJ) will continue raising interest rates turn out … - [AUD remains stronger as US Dollar struggles on growing debt concerns](https://todaymarkets.ae/aud-remains-stronger-as-us-dollar-struggles-on-growing-debt-concerns/): The Australian Dollar (AUD) continues to gain ground against the US Dollar (USD) on Monday, marking fresh six-month highs. The AUD/USD pair receives support as the US Dollar remains under downward pressure amid rising uncertainty surrounding the United States (US) economy. The AUD’s upside could be restrained due to dovish sentiment surrounding the Reserve Bank of Australia’s … - [Cattle Closes Mixed, Cattle on Feed Report Neutral](https://todaymarkets.ae/cattle-closes-mixed-cattle-on-feed-report-neutral/): Live cattle futures closed out Friday mixed, within 20 cents of unchanged in the front months, as June was back up $3.57. Cash trade was reported at $230-231 live in the north and dressed at $360-370. Southern trade was light, from 220 to $229 in some cases. Feeder cattle futures closed with contracts 60 to … - [Corn Corrects Lower into Long Weekend](https://todaymarkets.ae/corn-corrects-lower-into-long-weekend/): Corn futures fall back from the weekly strength, as the tariff news gave the bulls an excuse to take some money off the table ahead of the three-day weekend. Contracts were down 2 to 4 cents, as July was up 16 cents this week, and December rallies 15 ¼ cents. The front month CmdtyView national … - [Wheat Closes Mixed into the Long Weekend](https://todaymarkets.ae/wheat-closes-mixed-into-the-long-weekend/): The wheat complex closed mixed across the three markets, with the spring wheat the strongest. Chicago SRW futures were 2 to 3 cents lower on the day, with July rallying up 17 ½ cents this week. The Kansas City HRW contracts closed 1 to 2 cents in the red, as July held up for a … - [Change in Fund Portfolios: Buffett Invests in Alphabet, is The AI Hype Fading](https://todaymarkets.ae/change-in-fund-portfolios-buffett-invests-in-alphabet-is-the-ai-hype-fading/): The third quarter of 2025 brought spectacular changes in hedge fund capital allocations, reversing the euphoria surrounding the “Magnificent Seven” stocks. Warren Buffett made an extraordinary move, increasing his position in Alphabet by 17.9 million shares (£4.9 billion), while reducing his stake in Apple by 15% and selling 37.2 million shares in Bank of America. … - [Quantum Computing QUBT.US After Earnings - Quantum Breakthrough?](https://todaymarkets.ae/quantum-computing-qubt-us-after-earnings-quantum-breakthrough/): Quantum Computing, as one might easily guess, is one of the companies involved in quantum technology, particularly quantum computers. In recent weeks, quantum companies, after a long and impressive growth on unstable foundations, have been victims of significant price declines. The adjustment of investor expectations and pressure from companies like Google have devalued the industry … - [Trade of The Day - OIL.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti-4/): Facts: Trade: LONG position on OIL.WTI at market price. OIL.WTI (D1) Source: xStation5 OPINION: The oil price chart shows three unsuccessful attempts to overcome the 55-56 dollar level. The market clearly does not accept a lower price, and buyers are defending the resistance, waiting for conditions more favorable for growth. This creates a triple bottom … - [Swiss Industrial Output Rebounds in Q3](https://todaymarkets.ae/swiss-industrial-output-rebounds-in-q3/): Industrial production in Switzerland grew by 2.4% year-on-year in the third quarter of 2025, rebounding from an upwardly revised 2.1% gain in the previous three-month period. Output increased much more rapidly in the mining and quarrying (14.3% vs 8.6% in Q2) sector, weighed by increases in the manufacture of pharmaceutical products (10.2% vs 3.9%) and … - [Italy October Inflation Confirmed at 1.2%](https://todaymarkets.ae/italy-october-inflation-confirmed-at-1-2/): Italy’s annual inflation slowed to 1.2% in October 2025 from 1.6% in September, confirming preliminary estimates and marking the lowest in a year. The deceleration was driven by a sharp drop in regulated energy prices (-0.5% vs 13.9% in September), alongside softer increases in unprocessed food (1.9% vs 4.8%), transport services (2.0% vs 2.4%), and … - [European Stocks Lack Direction](https://todaymarkets.ae/european-stocks-lack-direction/): Both the STOXX 50 and the STOXX 600 hovered around the flatline on Monday, following two consecutive sessions of losses, as traders awaited fresh market catalysts. Nvidia is set to report quarterly results this week, while in the US, a series of economic data releases begins today after the end of the government shutdown. Siemens … - [Palm Oil Starts Week Notably Higher](https://todaymarkets.ae/palm-oil-starts-week-notably-higher/): Malaysian palm oil futures hovered above MYR 4,150 per tonne on Monday, picking up from two subdued sessions. A weaker ringgit and firmer Dalian’s most-active soyoil and palm oil contracts supported sentiment, helping prices recover from a four-month low. However, lingering uncertainties around land-seizure policies in top producer Indonesia and its biodiesel plan added caution, … - [Iron Ore Gains on China Stimulus Hopes, Tighter Supply](https://todaymarkets.ae/iron-ore-gains-on-china-stimulus-hopes-tighter-supply/): Iron ore futures in China rose above CNY 780 per ton, reaching a two week high amid optimism that top consumer China may roll out new stimulus measures, while port inventories continued to tighten. Over the weekend, Finance Minister Lan Foan said fiscal policy will be strengthened over the next five years, noting that China … - [Platinum Falls on Hawkish Fed View](https://todaymarkets.ae/platinum-falls-on-hawkish-fed-view/): Platinum fell to around $1,550 per ounce, hitting a one-week low as traders dialed back expectations for US Federal Reserve interest rate cuts, triggering a pullback in precious metals. Markets are currently pricing in around a 46% chance the Fed will lower rates by 25 bps in December, down sharply from roughly 88% a month … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-4/): Japan’s economy contracted in Q3 for the first time in six quarters, falling 0.4% q/q (−1.8% annualized). The decline is a result of U.S. tariffs, which hit exports, while new housing regulations weakened demand for homes. Although the slowdown was milder than expected, it increased pressure on policymakers to implement a new fiscal package — … - [Crypto News - Bitcoin Tries to Stop The Sell-Off](https://todaymarkets.ae/crypto-news-bitcoin-tries-to-stop-the-sell-off/): Cryptocurrencies started Monday’s session with declines, and during the night Bitcoin briefly fell toward $92,500, erasing its year-to-date gains; Ethereum dropped back below $3,000. The sell-off was partially reversed as sentiment improved in U.S. futures trading, and the Asian session did not bring further heavy selling. According to CoinGlass, over the past 24 hours the crypto market … - [The Week Ahead: US data and Nvidia results in focus](https://todaymarkets.ae/the-week-ahead-us-data-and-nvidia-results-in-focus/): At the start of a new week, the market mood has calmed. US stock futures are pointing to small gains later on Monday, after a sharp sell off on Friday, European stock index futures are mostly flat at the start of the week. The next few days could be key for long term direction  of … - [Hang Seng Finishes 0.7% Lower](https://todaymarkets.ae/hang-seng-finishes-0-7-lower/): The Hang Seng dropped 188 points, or 0.7%, to 26,384 on Monday, extending losses from the prior session amid broad falls across sectors. Traders shunned riskier assets after Chinese stocks retreated further amid heightened Beijing-Tokyo tensions, with China warning citizens against traveling to Japan. Sentiment was also pressured by lower bets for a U.S. interest … - [AUD/JPY Bullish momentum holds above EMA near 100.50](https://todaymarkets.ae/aud-jpy-bullish-momentum-holds-above-ema-near-100-50/): The AUD/JPY cross loses ground near 100.85 during the early European session on Monday. The potential downside for the cross might be limited as the stronger-than-expected Australian employment data reinforced expectations for a cautious stance from the Reserve Bank of Australia (RBA).  Additionally, Japan’s Cabinet Office showed on Monday that the Japanese economy contracted by an annualized … - [USD/INR consolidates below 89.00 as Indian economic outlook offsets USD strength](https://todaymarkets.ae/usd-inr-consolidates-below-89-00-as-indian-economic-outlook-offsets-usd-strength/): The USD/INR pair extends its sideways consolidative price move through the Asian session on Monday and remains confined in a familiar range held over the past two weeks or so. Spot prices currently trade around the 88.75 region, down less than 0.10% for the day and well within striking distance of the all-time high, touched … - [USD/CHF holds gains near 0.7950 as expectations for a December Fed rate cut fade](https://todaymarkets.ae/usd-chf-holds-gains-near-0-7950-as-expectations-for-a-december-fed-rate-cut-fade/): USD/CHF continues to gain ground for the second successive session, trading around 0.7950 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) gains amid diminishing likelihood of a Federal Reserve (Fed) interest rate cut in December. Traders are preparing for a wave of delayed United States (US) economic data after the government’s … - [EUR/JPY slips near 179.50 after less disappointing Japan’s preliminary Q3 GDP data](https://todaymarkets.ae/eur-jpy-slips-near-179-50-after-less-disappointing-japans-preliminary-q3-gdp-data/): EUR/JPY extends its losses for the second consecutive day after pulling back from a record high of 179.97 reached in the previous session, trading around 179.40 during the Asian hours on Monday. The currency cross remains subdued as the Japanese Yen (JPY) holds ground after the release of better-than-expected Japan’s Gross Domestic Product (GDP) data … - [EUR/USD falls to near 1.1600 due to fading Fed rate cut bets](https://todaymarkets.ae/eur-usd-falls-to-near-1-1600-due-to-fading-fed-rate-cut-bets/): EUR/USD extends its losses for the second successive session, trading around 1.1610 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) receives support from cautious remarks given by US Federal Reserve (Fed) officials, diminishing the likelihood of an interest rate cut in December. Kansas City Fed President Jeffery Schmid said on Friday that … - [GBP/USD weakens to near 1.3150 as BoE rate cut expectations grow on weak UK data](https://todaymarkets.ae/gbp-usd-weakens-to-near-1-3150-as-boe-rate-cut-expectations-grow-on-weak-uk-data/): The GBP/USD pair declines to near 1.3155 during the early Asian session on Monday. The Pound Sterling (GBP) softens against the US Dollar (USD) amid concerns about the UK’s fiscal debt and weak economic data from the UK. Bank of England (BoE) External Member Catherine Mann is set to speak later on Monday.  The pound loses … - [USD/CAD holds gains near 1.4050 due to declining Oil prices](https://todaymarkets.ae/usd-cad-holds-gains-near-1-4050-due-to-declining-oil-prices/): USD/CAD edges higher after registering modest losses in the previous session, trading around 1.4030 during the Asian hours on Monday. The pair advances as the commodity-linked Canadian Dollar (CAD) struggles amid lower crude Oil prices. West Texas Intermediate (WTI) Oil price retreats after posting more than 2% gains in the previous session, trading around $59.30 … - [Bitcoin Holds Near Six-Month Low](https://todaymarkets.ae/bitcoin-holds-near-six-month-low/): Bitcoin hovered around $95K, holding most of last week’s losses to remain near its lowest level since early May as broad risk-off sentiment weighed on global markets. The cryptocurrency has wiped out more than 30% of the gains it posted earlier this year, as the early-year optimism driven by the Trump administration’s pro-crypto stance fades. … - [Silver Stabilizes After Two-Day Drop](https://todaymarkets.ae/silver-stabilizes-after-two-day-drop/): Silver held near $51 per ounce on Monday after a sharp two-day decline, as investors prepared for a wave of US economic data following the government reopening that could clarify the Federal Reserve’s policy outlook. Precious metals faced heavy selling late last week as traders scaled back expectations for US rate cuts, with markets now … - [Australian Shares Hits 4-Month Low](https://todaymarkets.ae/australian-shares-hits-4-month-low/): The S&P/ASX 200 fell 0.2% to 8,615 on Monday, hitting its lowest level in four months as weakness across heavyweight mining stocks dragged the broader market lower. The mining sector fell 1.2% and is poised for its weakest level in nearly two weeks, pressured by lower commodity prices amid hawkish remarks on US rate-cut prospects … - [Oil Drops as Russian Port Resumes Exports](https://todaymarkets.ae/oil-drops-as-russian-port-resumes-exports/): WTI crude oil futures fell to $59.5 per barrel on Monday, paring gains from the previous session after Russia’s Novorossiysk port resumed operations following a two-day shutdown caused by a Ukrainian drone strike. Reports indicated that two crude tankers were moored at the port on Sunday, signaling ongoing activity at the terminals. The disruption at … - [China to Strengthen Fiscal Policy](https://todaymarkets.ae/china-to-strengthen-fiscal-policy/): China will strengthen its fiscal policy over the next five years, the country’s finance minister said on Saturday in an interview with Xinhua News Agency, according to Reuters. Finance Minister Lan Foan said China will enhance counter-cyclical and cross-cyclical regulation and set the deficit-to-GDP ratio and the scale of government borrowing to suit evolving conditions. … - [South Korean Shares Rise on Semiconductor Gains](https://todaymarkets.ae/south-korean-shares-rise-on-semiconductor-gains/): The benchmark KOSPI climbed 1.70% to around 4,079 on Monday, recovering from last week’s three-month low as semiconductor stocks rallied on bargain hunting. Notable gains in Samsung Electronics (3.24%), SK Hynix (5.89%), and Hanmi Semiconductor (5.33%) helped propel the index higher. Additionally, investor sentiment received support from recent corporate developments. On Sunday, President Lee Jae … - [Dollar Edges Higher Ahead of Data Releases](https://todaymarkets.ae/dollar-edges-higher-ahead-of-data-releases/): The dollar index inched above 99.3 on Monday, recovering part of last weeks losses as investors prepared for a wave of US economic data releases delayed by the government shutdown to better guide expectations for Federal Reserve policy. The closely watched September jobs report is due Thursday while markets await an updated timetable for other … - [Gold Steady as Investors Await Delayed US Data](https://todaymarkets.ae/gold-steady-as-investors-await-delayed-us-data/): Gold prices held steady at $4,080 per ounce on Monday, after a two-day decline, as investors braced for a flood of delayed US economic data set to be released this week. September’s non-farm payrolls report on Thursday, will be closely watched for insights into the health of the American economy and the likely path of … - [Aussie Dollar Weakens on Stronger Greenback](https://todaymarkets.ae/aussie-dollar-weakens-on-stronger-greenback/): The Australian dollar weakened to around $0.652 on Monday, reversing gains from the previous week as a stronger greenback weighed on the currency. The US dollar appreciated after Fed officials expressed doubts about the need for a December rate cut, with some dismissing the possibility outright. Markets now assign roughly a 46% chance of a … - [Yen Hovers Near 9-Month Low](https://todaymarkets.ae/yen-hovers-near-9-month-low/): The Japanese yen slipped to around 154.6 per dollar on Monday, staying close to its lowest level since February despite stronger-than-expected growth data. Japan’s economy contracted 0.4% quarter on quarter in the three months to September, reversing a 0.6% expansion in Q2 but beating market forecasts for a 0.6% decline. The currency remains under pressure … - [China Stocks Fall for Second Session](https://todaymarkets.ae/china-stocks-fall-for-second-session-2/): The Shanghai Composite dropped 0.5% to around 3,970 while the Shenzhen Component fell 0.1% to 13,200 on Monday, extending losses from the prior session as slowing economic activity and ongoing property sector challenges weighed on investor sentiment. Recent economic reports, including fixed asset investment, industrial production, and retail sales, all disappointed. Rising tensions between China … - [New Zealand Dollar Weakens](https://todaymarkets.ae/new-zealand-dollar-weakens/): The New Zealand dollar fell to around $0.565, giving back some of last week’s gains, as expectations of an imminent rate cut from the Reserve Bank overshadowed the US decision to roll back tariffs on Kiwi exports. Food prices declined for the second straight month, while the services sector remained in contraction, reinforcing expectations for … - [US 10-Year Yield Holds Advance](https://todaymarkets.ae/us-10-year-yield-holds-advance-2/): The yield on the US 10-year Treasury note held around 4.15% on Monday after rising for two straight sessions, as investors scaled back expectations for a near-term Federal Reserve interest rate cut. Several Fed officials have voiced skepticism over the need for a December cut, with some opposing it entirely. Markets are currently pricing in … - [Japan 10-Year Yield Hits Fresh 17-Year High](https://todaymarkets.ae/japan-10-year-yield-hits-fresh-17-year-high/): Japan’s 10-year government bond yield climbed above 1.71% on Monday, reaching its highest level since 2008 amid stronger-than-expected growth data. Japans economy contracted 0.4% quarter on quarter in the three months to September, reversing a 0.6% expansion in Q2 but beating market forecasts for a 0.6% decline. The rise came despite Prime Minister Sanae Takaichi … - [Octalas Group Launch Currency Hedger ](https://todaymarkets.ae/octalas-group-launch-currency-hedger/): In an increasingly volatile global market, businesses and investors face significant challenges in managing currency risk. To address this need, Octalas Group has launched Currency Hedger, a cutting-edge platform designed to help users effectively manage their foreign exchange exposure. With a focus on simplicity, efficiency, and user-centric features, Currency Hedger empowers companies to safeguard their … - [EUR/USD drifts away from highs despite positive Eurozone data](https://todaymarkets.ae/eur-usd-drifts-away-from-highs-despite-positive-eurozone-data/): EUR/USD is trimming gains on Friday, following a seven-day rally and trades at 1.1615 at the time of writing, still on track for a 0.45% weekly appreciation. The fairly positive Eurozone Gross Domestic Product and the upbeat Trade Balance reports have failed to support the Euro, which has lost steam, weighed down by a negative market sentiment. Eurozone GDP has … - [Sensex Ends Marginally Higher](https://todaymarkets.ae/sensex-ends-marginally-higher/): India’s BSE Sensex recovered from early losses to close marginally up at 84,563 on Friday, after a highly volatile session, on better-than-expected election results. Early results showed Prime Minister Modi’s National Democratic Alliance (NDA) leading in the crucial Bihar assembly elections, reinforcing expectations of policy continuity and political stability. At the same time, optimism about … - [Jewellery Segment Boosts Richemont's Earnings](https://todaymarkets.ae/jewellery-segment-boosts-richemonts-earnings/): Richemont (CFR.CH) posted solid results for the first half of the 2025/26 financial year (six months to 30 September 2025), demonstrating the resilience of its luxury brand portfolio despite macroeconomic challenges. Sales rose 10% at constant exchange rates (5% on a nominal basis) to €10.6 billion, significantly exceeding analysts’ expectations (consensus: +6.94%). The most spectacular growth … - [Gold Cuts Gains as Data Delays Cloud Fed Outlook](https://todaymarkets.ae/gold-cuts-gains-as-data-delays-cloud-fed-outlook/): Gold prices pared earlier gains to hover around $4,165 per ounce on Friday, though the metal remained on track for a weekly advance of roughly 4%. The market continued to grapple with uncertainty stemming from a significant backlog of US economic data following the end of the longest government shutdown in the country’s history. Concerns … - [European Markets Extend Declines](https://todaymarkets.ae/11913-2/): The last session of the week brings a deepening of declines on the European market. Recent comments from the FOMC in the USA have dashed market hopes for rate cuts in December, which is reverberating across global markets. The leaders of declines in Europe are Poland and Germany. DAX40 contracts are losing over 1%. Slightly … - [Steel Rebounds to Highest in November](https://todaymarkets.ae/steel-rebounds-to-highest-in-november/): Steel rebar futures in China inched higher to CNY 3,050 per tonne, the highest since the beginning of November amid evidence that the anti-involution policy pressed by Beijing is translating to lower supply. Crude steel output in China fell 12% annually in October, translating to a 4% drop year-to-date, to mark the lowest output for … - [Euro Area GDP Annual Growth Rate Revised Up](https://todaymarkets.ae/euro-area-gdp-annual-growth-rate-revised-up/): The Eurozone economy grew 1.4% year-on-year in the third quarter of 2025, slightly higher than 1.3% in the first estimate and compared to 1.5% in the second quarter. Spain led the major economies, expanding 2.8% (vs 3.1% in Q2), followed by the Netherlands at 1.6% (vs 1.7%) and France at 0.9% (up from 0.7%). Italy … - [Euro Area Trade Surplus Widens in September](https://todaymarkets.ae/euro-area-trade-surplus-widens-in-september/): The Eurozone’s trade surplus widened to €19.4 billion in September 2025 from €12.9 billion a year earlier, as exports rose 7.7% while imports increased 5.3%. In the broader EU, the trade surplus also rose to €16.3 billion from €9.5 billion. EU exports climbed 6.9% to €228.2 billion, due to higher sales of machinery & vehicles … - [](https://todaymarkets.ae/11905-2/): Oil prices are rising today after a Ukrainian drone struck the key Russian export port on the Black Sea — Novorossiysk — damaging a docked vessel and causing fires at the Sheskharis oil terminal. This is one of the most important export points for Russian crude and refined products, handling around 760,000 barrels per day. … - [UK tax U-turn triggers bond market turmoil](https://todaymarkets.ae/uk-tax-u-turn-triggers-bond-market-turmoil/): The UK Gilt market is under pressure this morning, and yields have surged at the open, after reports suggest that Rachel Reeves will scrap plans to raise income tax. We do not know if this will mean all bands of income tax will be left unchanged, or if it will only mean the basic rate … - [Bitcoin Hits 6-Month Low](https://todaymarkets.ae/bitcoin-hits-6-month-low/): Bitcoin fell toward $96,000 on Friday, marking a six month low amid a broad selloff in risk assets and reduced expectations for a US Federal Reserve rate cut in December. Tech stocks led a global market retreat as worries over stretched AI valuation persisted, with the reopening of the US government failing to lift sentiment. … - [XAG/USD gains above 52.50 due to rising US data uncertainty](https://todaymarkets.ae/xag-usd-gains-above-52-50-due-to-rising-us-data-uncertainty/): Silver price (XAG/USD) retraces its recent losses from the previous session, trading around $52.70 per troy ounce during the Asian hours on Friday. The attracts buyers Safe-haven demand for precious metals, including Silver, is rising amid uncertainty over the US economic outlook, fueled by a backlog of official data after the government’s reopening. Early private-sector readings for … - [Gold retakes $4,200 as USD weakens on economic concerns, risk-off mood boost demand](https://todaymarkets.ae/gold-retakes-4200-as-usd-weakens-on-economic-concerns-risk-off-mood-boost-demand/): Gold (XAU/USD) attracts some dip-buyers during the Asian session on Friday and climbs back above the $4,200 mark, closer to an over three-week high that was touched the previous day. Investors seem concerned about weakening economic momentum on the back of a prolonged US government shutdown, which could allow the US Federal Reserve (Fed) to cut interest rates further. … - [USD/CHF struggles near 0.7920 even as traders trim dovish Fed bets](https://todaymarkets.ae/usd-chf-struggles-near-0-7920-even-as-traders-trim-dovish-fed-bets/): The USD/CHF pair ticks down to near 0.7920 during the late Asian trading session on Friday. The Swiss Franc pair struggles to gain ground after revisiting an over three-week low of 0.7910 posted on Thursday. The pair is under pressure as the US Dollar (USD) underperforms even as traders have trimmed bets supporting an interest rate … - [Palm Oil Set for Fifth Weekly Slide](https://todaymarkets.ae/palm-oil-set-for-fifth-weekly-slide/): Malaysian palm oil futures fell below MYR 4,120 per tonne, extending weakness from the prior session. Weaker Dalian palm olein and subdued demand from key consumers such as India and China weighed on prices. Markets lingered at a four-month low, heading for a fifth straight weekly fall amid expectations of higher output. The Malaysian Palm … - [SK Won Recovers Amid Market Stabilization Efforts](https://todaymarkets.ae/sk-won-recovers-amid-market-stabilization-efforts/): The South Korean won appreciated past 1,460 per dollar on Friday, rebounding from multi-month lows as policymakers moved to reassure markets and address volatility in the foreign exchange market. Investor sentiment was lifted after senior economic officials convened an emergency policy meeting, signaling a readiness to deploy a wide range of tools and to work … - [Offshore Yuan Weakens on Disappointing Data](https://todaymarkets.ae/offshore-yuan-weakens-on-disappointing-data/): The offshore yuan weakened to around 7.09 per dollar on Friday, retreating from a two-week high reached in the previous session as disappointing economic data weighed on market sentiment. Fixed-asset investment fell 1.7% year-on-year in January–October 2025, a sharper decline than both market expectations and the previous month’s reading. In addition, industrial output eased to … - [IMF Forecasts Thailand’s 2026 GDP Growth at 1.6%](https://todaymarkets.ae/imf-forecasts-thailands-2026-gdp-growth-at-1-6/): Thailand’s economic growth is expected to reach 2.1% this year before slowing to 1.6% in 2026, amid increasing economic headwinds, the International Monetary Fund (IMF) said. Economic conditions suggest there is room for further monetary easing, the IMF said in a statement dated November 13, following a staff visit to Southeast Asia’s second-largest economy, as … - [Hong Kong Stocks Under Pressure After Soft China Data](https://todaymarkets.ae/hong-kong-stocks-under-pressure-after-soft-china-data/): Hong Kong shares dipped 303 points or 1.1% to 26,769 in early Friday trade, snapping a five-session advance and pulling back from an over one-month high. Sentiment weakened after a sell-off on Wall Street overnight, as Fed officials signaled caution over future rate cuts. Meantime, fresh data releases from China added pressure to sentiment, with … - [China 10Y Yield Falls on Weak Data](https://todaymarkets.ae/china-10y-yield-falls-on-weak-data/): China’s 10-year government bond yield fell to around 1.80% on Friday, marking its third consecutive session of decline as investors sought safety in response to weak economic data. Fixed-asset investment contracted 1.7% year-on-year in January–October 2025, a notable deterioration compared with market forecasts and the previous month’s reading. In addition, industrial output eased to a … - [New Zealand Dollar Set for Weekly Gain](https://todaymarkets.ae/new-zealand-dollar-set-for-weekly-gain/): The New Zealand dollar rose to $0.569 on Friday, heading for a weekly advance, supported by encouraging manufacturing data. The country’s manufacturing sector expanded for a fourth straight month in October, driven by rising new orders and improved demand. The kiwi also benefited from a weaker US dollar as investors worry that the upcoming release … - [US to Remove Tariffs on Some Products from Four Latin American Countries](https://todaymarkets.ae/us-to-remove-tariffs-on-some-products-from-four-latin-american-countries/): The United States said on Thursday it will remove tariffs on some foods and other imports from Argentina, Ecuador, Guatemala, and El Salvador under framework agreements designed to give US firms greater access to those markets, Reuters reported. The agreements are expected to help lower prices for coffee, bananas, and other foodstuffs, a senior Trump … - [US 10-Year Yield Holds Advance](https://todaymarkets.ae/us-10-year-yield-holds-advance/): The yield on the US 10-year Treasury note remained above 4.1% on Friday after a sharp rise in the prior session, as investors scaled back expectations for a Federal Reserve rate cut in December. Markets now assign about a 50% chance of a 25 bps cut next month, down sharply from over 95% a month … - [China Economy Softens Amid Pre-Truce Trade Uncertainty](https://todaymarkets.ae/china-economy-softens-amid-pre-truce-trade-uncertainty/): China’s statistics agency acknowledged ongoing external uncertainties and rising domestic structural pressures, but stressed that overall activity in October remained stable. The comments followed fresh data showing industrial output growth easing to a 14-month low, reflecting holiday-related disruptions and headwinds from U.S. trade tensions before the extension of the trade truce. Retail turnover rose 2.9% … - [Sensex Declines but Heads for Weekly Gain](https://todaymarkets.ae/sensex-declines-but-heads-for-weekly-gain/): The BSE Sensex fell 298 points, or 0.4%, to 84,181 in early trade on Friday, after ending nearly flat in the previous session and pulling back from a two-week high. The decline tracked a fall on Wall Street overnight amid a sell-off in IT stocks and fading hopes of Fed monetary policy easing at the … - [New Zealand Stocks Slide to 2-Week Low](https://todaymarkets.ae/new-zealand-stocks-slide-to-2-week-low/): New Zealand’s benchmark S&P/NZX 50 index fell 1% to close at 13,464 on Friday, extending losses from the previous session to hit a two-week low. The local market followed Wall Street’s sharp decline overnight, led by a broad tech sell-off, while comments from US Federal Reserve officials dampened hopes of a December rate cut Investors … - [The DAX Loses Ground But Maintains 50-Day EMA](https://todaymarkets.ae/the-dax-loses-ground-but-maintains-50-day-ema/): European indices are posting mixed results during the first phase of Thursday’s session – the STOXX 600 is up just 0.06%, the DAX is down 0.43% and the FTSE 100 is down 0.42%, suggesting caution among investors amid macroeconomic uncertainty. At the same time, the Polish stock market (WIG20 +0.69%) is rising amid European weakness. … - [Sterling Under Pressure Amid Disappointing UK Data](https://todaymarkets.ae/sterling-under-pressure-amid-disappointing-uk-data/): The British pound hovered around $1.31, near its seven-month low, and touched a two-and-a-half-year low against the euro, after weaker-than-expected economic data raised expectations of a Bank of England rate cut next month and intensified pressure on Treasury chief Rachel Reeves ahead of the November 26 budget. The UK economy grew just 0.1% quarter-on-quarter in … - [Hang Seng Rebounds to Over 1-Month High After Early Losses](https://todaymarkets.ae/hang-seng-rebounds-to-over-1-month-high-after-early-losses/): The Hang Seng rose 150 points, or 0.6%, to close at 27,073 on Thursday, reversing early weakness and extending a four-session winning streak. Markets hit their highest in over a month, amid a rise in U.S. futures after President Trump signed a bill ending the longest government shutdown in American history, resuming normal operations later … - [USD/CHF Has Little Reaction to Swiss PPI Data](https://todaymarkets.ae/usd-chf-has-little-reaction-to-swiss-ppi-data/): 07:30 AM BST, Switzerland – Inflation Data for October: Producer inflation data in Switzerland came in noticeably weaker than expected on MoM basis. Although the Swiss franc did not initially react much to the release, over the past hour there has been a significant pullback in the USDCHF pair. Source: xStation  The material on this page does not constitute … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/11858-2/): October data from the Australian labour market turned out to be much stronger than expected, with the unemployment rate falling to 4.3% against a forecast of 4.4%. Even more impressive is the increase in jobs – 42,200 new positions, twice as many as the average forecast. The Reserve Bank of Australia would like to see … - [NY Cocoa Prices Sink on Possible US Tariff Reductions](https://todaymarkets.ae/ny-cocoa-prices-sink-on-possible-us-tariff-reductions/): December ICE NY cocoa (CCZ25) on Wednesday closed down -204 (-3.50%), and December ICE London cocoa #7 (CAZ25) closed up +17 (+0.41%). Cocoa prices settled mixed on Wednesday, with NY cocoa falling sharply to a 1.75-year nearest-futures low.   Signs of possible tariff cuts weighed on cocoa prices after US Treasury Secretary Bessent said Wednesday … - [Wheat Posts Midweek Gains](https://todaymarkets.ae/wheat-posts-midweek-gains/): The wheat complex closed with Wednesday gains across most contracts in the three exchanges. CBT soft red wheat futures saw steady trade in nearby December, as other contracts were 2 to 3 cents higher. KC HRW futures were 1 to 2 ½ cents higher on Wednesday. MPLS spring wheat futures closed the session with contracts … - [Soybeans Pull Off Early Lows](https://todaymarkets.ae/soybeans-pull-off-early-lows/): Soybeans were weak early on Wednesday but shrugged off the losses to close with 6 to 7 ¼ cent front month gains. There was another 29 deliveries reported for November futures overnight, taking the total to 1,736 for the month. The cmdtyView national average Cash Bean price was 6 ¾  cents higher at $10.60. Soymeal futures were up $5.10 … - [China Stocks Rally on New Energy Boost](https://todaymarkets.ae/china-stocks-rally-on-new-energy-boost/): The Shanghai Composite jumped 0.73% to close at 4,030 while the Shenzhen Component gained 1.78% to 13,477 on Thursday, with the former hitting fresh ten-year highs amid a rally in new energy shares. Those moves came as China’s Ministry of Industry and Information Technology announced plans to unveil a comprehensive strategy to boost the new … - [Gold stands firm near three-week top, above $4,200 amid Fed rate cut bets](https://todaymarkets.ae/gold-stands-firm-near-three-week-top-above-4200-amid-fed-rate-cut-bets/): Gold (XAU/USD) advances to a fresh three-week high on Thursday and seems poised to prolong a one-week-old uptrend amid a supportive fundamental backdrop. Investors seem convinced that the delayed US macro data will show some weakness in the economy amid a prolonged US government shutdown and prompt the US Federal Reserve (Fed) to lower borrowing costs further in … - [XAG/USD remains near 54.00 due to improved market sentiment](https://todaymarkets.ae/xag-usd-remains-near-54-00-due-to-improved-market-sentiment/): Silver price (XAG/USD) continues its winning streak for the fifth successive session, nearing the all-time high of $54.86, which was recorded on October 16, and is currently trading around $54.00 per troy ounce during the early European hours on Thursday. The upside of the safe-haven Silver could be limited as market sentiment improves amid the end … - [EUR/GBP holds positive ground above 0.8800 as UK economy slows to 0.1% in Q3](https://todaymarkets.ae/eur-gbp-holds-positive-ground-above-0-8800-as-uk-economy-slows-to-0-1-in-q3/): The EUR/GBP cross gains ground to around 0.8835 during the early European session on Thursday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the release of UK Gross Domestic Product (GDP) data. The Eurozone Industrial Production report for September will be published later on Thursday.  Data released by the Office for National Statistics (ONS) on Thursday showed that the UK economy … - [UK Industrial Output Falls the Most Since 2021](https://todaymarkets.ae/uk-industrial-output-falls-the-most-since-2021/): Industrial production in the UK fell by 2% month-on-month in September 2025, reversing a downwardly revised 0.3% gain in the previous month and coming in worse than market expectations of a 0.2% drop. This marked the sharpest fall since January 2021, as manufacturing output (-1.7% vs 0.6% in August) decline, led by a notable drop … - [UK GDP Growth Disappoints in Q3](https://todaymarkets.ae/uk-gdp-growth-disappoints-in-q3/): The UK economy expanded by just 0.1% in Q3 2025, easing from 0.3% growth in Q2 and falling short of market expectations of 0.2%, according to preliminary estimates. Fixed investment rose 1.8% (vs 0.5% in Q2), supported by higher spending on ICT equipment, machinery, dwellings, and intellectual property products, even as business investment slipped 0.3%. … - [UK GDP Falls 0.1% in September](https://todaymarkets.ae/uk-gdp-falls-0-1-in-september/): The UK’s monthly real GDP fell by 0.1% in September 2025, compared with August’s and market expectations of zero growth. Production output declined by 2%, reversing a 0.3% increase in the previous month and marking the largest drop since January 2021. Output decreased across all production subsectors, namely manufacturing (-1.7%), electricity, gas, steam and air … - [Japanese Shares Gain as US Government Reopens](https://todaymarkets.ae/japanese-shares-gain-as-us-government-reopens/): The Nikkei 225 Index rose 0.43% to close at 51,282, while the broader Topix Index gained 0.67% to 3,382 on Thursday, with the latter hitting fresh record highs after President Donald Trump signed a bill ending the longest US government shutdown in history. Optimism that the Federal Reserve will cut rates further amid signs of … - [Palm Oil Steady on U.S. Shutdown End, Indonesia Biodiesel Outlook](https://todaymarkets.ae/palm-oil-steady-on-u-s-shutdown-end-indonesia-biodiesel-outlook/): Malaysian palm oil futures were little changed, holding around MYR 4,120 per tonne after modest losses in the previous session. Sentiment improved after U.S. President Donald Trump signed legislation ending the longest government shutdown in U.S. history. On the Dalian exchange, the most-active soyoil contract edged higher while palm oil futures slipped. Regarding production, analysts … - [Saudi Arabia Wholesale Inflation Hits 13-Month High](https://todaymarkets.ae/saudi-arabia-wholesale-inflation-hits-13-month-high/): The annual wholesale price inflation in Saudi Arabia accelerated to 2.9% in October 2025 from 2.1% in the previous four months, marking its highest level since September 2024. The main upward pressure came from higher inflation in other transportable goods excluding metal products, machinery, and equipment (5.4% vs. 4% in September), driven by an 8.2% … - [France Jobless Rate Highest Since 2021](https://todaymarkets.ae/france-jobless-rate-highest-since-2021/): The unemployment rate in France rose slightly to 7.7% in Q3 2025, in line with market expectations and up from 7.6% in the previous quarter. This marks the highest level since Q3 2021, as the number of unemployed increased by 44 thousand to 2.4 million, bringing the rate 0.3 points higher than a year earlier … - [Copper Climbs on Improved Risk Appetite](https://todaymarkets.ae/copper-climbs-on-improved-risk-appetite/): Copper futures rose above $5.1 per pound, reaching a two-week high as risk sentiment strengthened after President Donald Trump signed a short-term funding bill ending the longest US government shutdown in history. Hopes for additional Federal Reserve rate cuts amid signs of labor market weakness further supported risk assets. Meanwhile, the Trump administration expanded its … - [Won Slides as Investor Caution and Outflows Weigh](https://todaymarkets.ae/won-slides-as-investor-caution-and-outflows-weigh/): The South Korean won depreciated to around 1,469 per dollar, reaching a seven-month low and nearing levels not seen since March 2009. Governor Rhee Chang-yong indicated on Wednesday that policymakers stand ready to act should market volatility intensify. However, he played down recent losses, suggesting the market is overly reactive to global factors such as … - [Australia 10-Yr Yield Climbs After Upbeat Jobs Data](https://todaymarkets.ae/australia-10-yr-yield-climbs-after-upbeat-jobs-data/): Australia’s 10-year bond yield climbed to 4.45%, its highest level since May, after robust jobs data reduced expectations of any policy easing next year. Employment increased by 42,200 in October, significantly higher than forecasts of a 20,000 increase and September’s 12,700 gain, driven largely by a sharp rise in full-time positions. Unemployment rate fell to … - [Offshore Yuan Hits 2-Week High](https://todaymarkets.ae/offshore-yuan-hits-2-week-high/): The offshore yuan appreciated past 7.10 per dollar on Thursday, reaching its strongest level in two weeks as investors awaited the release of key economic indicators scheduled tomorrow. Among the forthcoming data, retail sales are expected to decelerate for the fifth consecutive month, marking the longest stretch of slowing consumption growth since the post-COVID recovery … - [US 10-Year Yield Rises as Govt Shutdown Ends](https://todaymarkets.ae/us-10-year-yield-rises-as-govt-shutdown-ends/): The yield on the US 10-Year Treasury note climbed about 3 basis points to 4.09% on Thursday after President Donald Trump signed a short-term funding bill into law, ending the longest US government shutdown in history. The House of Representatives had approved the measure earlier in the session by a 222-209 vote. The shutdown’s conclusion … - [Japan 10-Year Yield Hovers Near 17-Year High](https://todaymarkets.ae/japan-10-year-yield-hovers-near-17-year-high/): Japan’s 10-year government bond yield held around 1.7%, hovering near 17-year highs, even after Prime Minister Sanae Takaichi urged the Bank of Japan to maintain low interest rates. She also requested that BOJ Governor Kazuo Ueda provide regular updates to the government’s Council on Economic and Fiscal Policy. Markets currently price a 24% chance of … - [Indian Rupee Stuck Near Record Lows](https://todaymarkets.ae/indian-rupee-stuck-near-record-lows/): The Indian rupee hovered around 88.6 per USD, trading in a tight range near all-time lows, after subdued inflation fueled expectations of a December rate cut. India’s retail inflation slumped to 0.25% in October, the lowest on record and well below the RBI’s 2%-6% tolerance band for a second consecutive month. This gives the central … - [Silver Approaches All-Time Highs](https://todaymarkets.ae/silver-approaches-all-time-highs/): Silver climbed more than 1% to above $54 per ounce on Thursday, marching toward an all-time high reached last month and bringing this week’s gains to around 12%, as investors looked to hedge against global uncertainties with precious metals. Expectations of Federal Reserve rate cuts, following signs of a weakening US labor market, further supported … - [AUD/JPY revisits yearly high near 101.60 after upbeat Australian employment data](https://todaymarkets.ae/aud-jpy-revisits-yearly-high-near-101-60-after-upbeat-australian-employment-data/): The AUD/JPY pair revisits the yearly high around 101.60 during the late Asian trading session on Thursday. The pair strengthens as the Australian Dollar (AUD) outperforms its peers, following the release of the Australian labour market data for October, published earlier in the day. Australian Dollar Price Today The table below shows the percentage change … - [Australian Dollar rises as strong jobs data boost RBA caution](https://todaymarkets.ae/australian-dollar-rises-as-strong-jobs-data-boost-rba-caution/): The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday, extending its gains for the second consecutive day. The AUD/USD pair appreciates as the AUD receives support following the release of improved employment data from Australia. The Australian Bureau of Statistics (ABS) released the Unemployment Rate on Thursday, which declined to 4.3% … - [UK GDP to post a slight expansion in Q3, reinforcing BoE easing expectations](https://todaymarkets.ae/uk-gdp-to-post-a-slight-expansion-in-q3-reinforcing-boe-easing-expectations/): The UK’s Office for National Statistics (ONS) will release the advanced prints of the Q3 Gross Domestic Product (GDP) on Thursday. If the figures meet market consensus, the UK economy would have maintained its pace of expansion at 1.4% annualised, showing that momentum could have begun to stall. The QoQ report is expected to show … - [GBP/JPY holds steady above 203.00, remains close to two-week high ahead of UK data dump](https://todaymarkets.ae/gbp-jpy-holds-steady-above-203-00-remains-close-to-two-week-high-ahead-of-uk-data-dump/): The GBP/JPY cross edges lower during the Asian session on Thursday and moves further away from an over two-week high, around the 203.55-203.60 region, touched the previous day. Spot prices, however, lack follow-through selling and recover a few pips from sub-203.00 levels, or the daily low. The Japanese Yen (JPY) attracts some buyers following Bank … - [EUR/USD stays near 1.1600 after official ending of US government shutdown](https://todaymarkets.ae/eur-usd-stays-near-1-1600-after-official-ending-of-us-government-shutdown/): EUR/USD moves little after six days of gains, trading around 1.1590 during the Asian hours on Thursday. The pair remains steady as the US Dollar (USD) holds ground after US President Donald Trump signed the government funding bill on Thursday, marking the official end of the record 43-day government shutdown in the United States (US) … - [FTSE 100 Hits New Record in Volatile Session](https://todaymarkets.ae/ftse-100-hits-new-record-in-volatile-session/): The FTSE 100 ended slightly higher on Wednesday, setting a new record high but lagging behind other major European markets due to losses in oil and gas stocks. Political uncertainty weighed on sentiment after reports suggested Health Secretary Wes Streeting was seeking to replace Prime Minister Keir Starmer, claims he firmly denied, calling the speculation … - [Silver up 4% on Hopes of Shutdown Ending](https://todaymarkets.ae/silver-up-4-on-hopes-of-shutdown-ending/): Silver prices have surged more than 4% today in response to the prospect of the US shutdown ending and potential Fed rate cuts. Today’s sharp rise in silver prices, exceeding 4%, is the result of a combination of several key market and fundamental factors that are significantly influencing investor sentiment. The most important of these are … - [Dow Remains at Record, S&P 500 and Nasdaq Cut Gains](https://todaymarkets.ae/dow-remains-at-record-sp-500-and-nasdaq-cut-gains/): The Dow Jones surged over 400 points to a new record high, buoyed by optimism that the government shutdown could soon come to an end. Lawmakers returned to Washington to vote on a deal aimed at restoring funding to federal agencies after the shutdown that began on October 1. The index outperformed as major financial … - [TSX Aims at Fresh Record High](https://todaymarkets.ae/tsx-aims-at-fresh-record-high/): The S&P/TSX Composite Index rose about 0.6% to above the 30,550 level on Wednesday, nearing record highs as hopes that the US government shutdown could soon end encouraged risk taking and lifted market breadth. The House may vote shortly to reopen the government, which would restore delayed economic releases that help guide the Fed and … - [US Stocks Gain, Dow Climbs to New High](https://todaymarkets.ae/us-stocks-gain-dow-climbs-to-new-high/): US stocks opened higher on Wednesday, with the S&P 500 and Nasdaq each up 0.2%, while the Dow Jones gained 250 points to notch a new record high. Sentiment was buoyed by optimism that the government shutdown could soon end, as House members return to Washington to vote on a deal to restore funding to … - [Heating Oil Tracks Crude Lower](https://todaymarkets.ae/heating-oil-tracks-crude-lower/): US heating oil futures dropped to about $2.50 per gallon, down from June highs as falling crude feedstock costs and worries about a looming global supply glut weighed on product markets. OPEC and its allies have been restoring capacity while non-member producers boosted output, and the group expects world oil demand to grow by about … - [Uranium Falls from 1-Month High](https://todaymarkets.ae/uranium-falls-from-1-month-high/): Uranium futures were at $78 per pound, holding the slide from the one-month high of $82.5 on October 31st as an improved supply outlook outweighed the speculative bets for nuclear power in the next decades. Top producer Kazatomprom reported a 33% growth rate in exports in the third quarter and a 10% increase in total … - [USD/CHF edges lower to near 0.8200 despite easing trade-war jitters](https://todaymarkets.ae/usd-chf-edges-lower-to-near-0-8200-despite-easing-trade-war-jitters/): USD/CHF halts its two-day winning streak, trading around 0.8210 during the Asian hours on Monday. The pair’s depreciation is attributed to the US Dollar (USD) pullback after posting around 0.50% gains on Friday. The Greenback received support from stronger-than-expected United States (US) labor market data for May, raising expectations that the Federal Reserve (Fed) will keep its … - [GBP/USD trades with positive bias around 1.3530-1.3535 area, lacks bullish conviction](https://todaymarkets.ae/gbp-usd-trades-with-positive-bias-around-1-3530-1-3535-area-lacks-bullish-conviction/): The GBP/USD pair edges higher during the Asian session on Monday and for now, seems to have stalled its retracement slide from the highest level since February 2022, around the 1.3615 region touched last week. The uptick, however, lacks bullish, with spot prices currently trading around the 1.3530-1.3535 region, up only 0.05% for the day. … - [EUR/USD hovers around 1.1400, eyes on US-China trade talks](https://todaymarkets.ae/eur-usd-hovers-around-1-1400-eyes-on-us-china-trade-talks/): EUR/USD holds steady after registering losses in the previous session, trading around 1.1400 during the Asian hours on Monday. The pair faced challenges as the US Dollar (USD) received support from Friday’s stronger-than-expected United States (US) jobs data for May, which raised the odds of the Federal Reserve (Fed) keeping its benchmark interest rate steady at its next two monetary … - [USD/INR trades cautiously ahead of US-China trade talks](https://todaymarkets.ae/usd-inr-trades-cautiously-ahead-of-us-china-trade-talks/): The Indian Rupee ticks up against the US Dollar (USD) to near 85.70 during the Asian session on Monday. The pair edges lower as the US Dollar starts the week on a frail note, with investors focusing on trade negotiations between the United States (US) and China in London later in the day. The US Dollar Index (DXY), which … - [US Dollar Index Trades around 99.00 after pulling back from nine-day EMA](https://todaymarkets.ae/us-dollar-index-trades-around-99-00-after-pulling-back-from-nine-day-ema/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent gains from the previous session and trading around 99.00 during the Asian hours on Monday. The bearish bias seems persistent, suggested by the technical analysis of the daily chart, which shows the index remaining within … - [NZD/USD holds positive ground, China CPI falls in May](https://todaymarkets.ae/nzd-usd-holds-positive-ground-china-cpi-falls-in-may/): The NZD/USD pair attracts some buyers to around 0.6035 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) strengthens against the Greenback after the Chinese inflation data. Traders will closely monitor trade talks between the US and China later on Monday. Data released by the National Bureau of Statistics of China on Monday showed that the … - [XAG/USD rises above $36.00 on economic uncertainty, industrial demand](https://todaymarkets.ae/xag-usd-rises-above-36-00-on-economic-uncertainty-industrial-demand/): The Silver (XAG/USD) price trades in positive territory around $36.00 during the Asian session on Monday. The white metal edges higher despite the stronger-than-expected US employment data for May.  Later on Monday, investors will closely watch the developments surrounding US-China trade talks. Geopolitical and economic uncertainty could provide some support to the Silver price as investors seek … - [JPY sticks to Japan’s Q1 GDP-inspired gains against a broadly weaker USD](https://todaymarkets.ae/jpy-sticks-to-japans-q1-gdp-inspired-gains-against-a-broadly-weaker-usd/): The Japanese Yen (JPY) sticks to its Asian session gains led by an upward revision of Japan’s Q1 GDP print, which reaffirmed bets that the Bank of Japan (BoJ) will continue raising interest rates. This, along with the emergence of some US Dollar (USD) selling, drags the USD/JPY pair below mid-144.00s at the start of … - [USD/CAD remains below 1.3700 due to US Dollar pullback, US-China discussion awaited](https://todaymarkets.ae/usd-cad-remains-below-1-3700-due-to-us-dollar-pullback-us-china-discussion-awaited/): USD/CAD retraces its gains from the previous session, trading around 1.3680 during the Asian hours on Monday. The pair edges lower as the US Dollar (USD) corrects downward after registering approximately 0.50% gains on Friday following United States (US) jobs data for May. The stronger-than-expected data raised the chances that the Federal Reserve (Fed) will keep its benchmark interest rate … - [WTI retreats from multi-week top, slides to $63.80-$63.75 ahead of US-China trade talks](https://todaymarkets.ae/wti-retreats-from-multi-week-top-slides-to-63-80-63-75-ahead-of-us-china-trade-talks/): West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a softer note and erode a part of Friday’s strong gains to levels just above the $64.00 mark, or the highest since April 23. The commodity currently trades around the $63.80 zone, down over 0.40% for the day, though the downside seems … - [Australian Dollar rises as China’s Trade Surplus expands in May](https://todaymarkets.ae/australian-dollar-rises-as-chinas-trade-surplus-expands-in-may/): The Australian Dollar (AUD) edges higher against the US Dollar on Monday, recovering its losses from the previous session. The AUD/USD pair remains stronger following the release of China’s key economic data. Any economic update from China could impact AUD as China and Australia are close trade partners. The National Bureau of Statistics of China … - [Nonfarm Payrolls set to show US labor market weakened in May as tariff policy weighs](https://todaymarkets.ae/nonfarm-payrolls-set-to-show-us-labor-market-weakened-in-may-as-tariff-policy-weighs/): Nonfarm Payrolls (NFP), one of the most high-impact economic data releases in the United States (US), is expected to show a further cooling of the jobs market. The main question surrounding the report is whether it will show that labor market conditions are healthy enough for the Federal Reserve (Fed) to continue to wait before … - [XAG/USD maintains position above $36.00 near multi-year highs](https://todaymarkets.ae/xag-usd-maintains-position-above-36-00-near-multi-year-highs/): Silver price (XAG/USD) remains stronger for the second successive session, maintaining its position near the highest level since February 2012. The price of the grey metal is trading around $36.00 per troy ounce during the Asian hours on Friday. The prices of precious metals, including Silver, surge as safe-haven demand increases amid soft economic data … - [Gold price trades with positive bias below $3,400, multi-week top ahead of US NFP](https://todaymarkets.ae/gold-price-trades-with-positive-bias-below-3400-multi-week-top-ahead-of-us-nfp/): Gold price (XAU/USD) attracts some dip-buying during the Asian session on Friday and reverses a part of the previous day’s retracement slide from levels just above the $3,400 mark or over a four-week peak. The commodity, however, remains confined in a multi-day-old range as traders seem reluctant to place aggressive bets and opt to wait … - [USD/CAD trades cautiously near 1.3650 ahead of US/Canada employment data](https://todaymarkets.ae/usd-cad-trades-cautiously-near-1-3650-ahead-of-us-canada-employment-data/): The USD/CAD pair strives to hold an almost eight-month low of 1.3635 during Friday’s Asian trading session, posted the previous day. The Loonie pair is expected to remain on the sidelines, with investors awaiting the official labor market data from the United States (US) and Canada for May, which will be published at 12:30 GMT. The US Nonfarm Payrolls … - [AUD falls, downside seems limited amid market caution ahead US NFP](https://todaymarkets.ae/aud-falls-downside-seems-limited-amid-market-caution-ahead-us-nfp/): The Australian Dollar (AUD) declines against the US Dollar (USD) on Friday. The AUD/USD pair may remain stable amid market caution, as traders await the upcoming US Nonfarm Payrolls (NFP) report, due later in the day, seeking fresh insights into the United States (US) economy. Market sentiment improved following a productive phone call between US President Donald … - [GBP/USD hovers above 1.3550 ahead of US Nonfarm Payrolls](https://todaymarkets.ae/gbp-usd-hovers-above-1-3550-ahead-of-us-nonfarm-payrolls/): GBP/USD maintains its position near 1.3616, the highest since February 2022, which was recorded on June 5. At the time of writing, the pair is trading around 1.3570, with little moves ahead of labor market data from the United States (US). The US Dollar Index (DXY), which measures the value of the US Dollar against six major currencies, is … - [JPY sticks to disappointing domestic data-inspired losses against a recovering USD](https://todaymarkets.ae/jpy-sticks-to-disappointing-domestic-data-inspired-losses-against-a-recovering-usd/): The Japanese Yen (JPY) sticks to modest intraday losses led by the disappointing release of Japan’s Household Spending data released earlier this Friday. Adding to this, the optimism over the resumption of US-China trade talks and a positive risk tone turn out to be other factors undermining demand for the safe-haven JPY. This, along with … - [Cattle Rally as Cash Strength Continues](https://todaymarkets.ae/cattle-rally-as-cash-strength-continues/): Live cattle futures were up another $3.37 to $4.50, as cash strength continues. Cash trade saw action increase to $230 sales in the South. North action has been quiet, with a few whispers of $240. Feeder cattle futures were rallying on Thursday, with contracts up $4.80 to $5.27. The CME Feeder Cattle Index was up … - [Crude Prices Settle Higher on Dollar Weakness and US-China Trade Optimism](https://todaymarkets.ae/crude-prices-settle-higher-on-dollar-weakness-and-us-china-trade-optimism/): July WTI crude oil (CLN25) Thursday closed up +0.52 (+0.83%), and July RBOB gasoline (RBN25) closed up +0.0289 (+1.42%). Crude oil and gasoline prices settled higher on Thursday, with crude posting a 2-week high.  Thursday’s slump in the dollar index (DXY00) to a 6-week low is supporting gains in energy prices.  Also, hopes that US-China … - [Nat-Gas Prices Fall as Weekly EIA Inventories Climb More Than Expected](https://todaymarkets.ae/nat-gas-prices-fall-as-weekly-eia-inventories-climb-more-than-expected-2/): July Nymex natural gas (NGN25) on Thursday closed down by -0.039 (-1.05%). July nat-gas prices on Thursday retreated from a 1-week high and closed lower after weekly EIA nat-gas inventories rose more than expected.  The EIA reported Thursday that nat-gas inventories rose +122 bcf for the week ended May 30, above expectations of +113 bcf … - [Soybeans Rally on Easing Trade Tensions](https://todaymarkets.ae/soybeans-rally-on-easing-trade-tensions/): Soybeans were strengthening on Thursday, as contracts were up 6 to 9 cents across most months following a call between President Trump and China’s President Xi. Contracts are up 7 to 9 cents. The cmdtyView Cash Bean price is up 9 cents to $10.09. Soymeal futures were steady to $2.40/ton higher, as Soy Oil were down 1 to 16 points in … - [Wheat contracts are sticking close to unchanged](https://todaymarkets.ae/wheat-contracts-are-sticking-close-to-unchanged/): Wheat is mixed at midday, as most contracts are sticking close to unchanged on Thursday. Chicago SRW futures posted gains of 2 to 3 cents across most contracts. Kansas City HRW contracts were up 1 to 2 cents in the nearbys on Thursday. Minneapolis spring wheat futures were mixed, with July up 1 ¾ cents … - [Corn futures up ¾ cent and other contracts 3 to 5 cents in the green](https://todaymarkets.ae/corn-futures-up-%c2%be-cent-and-other-contracts-3-to-5-cents-in-the-green/): Corn futures closed out the Thursday session with July up ¾ cent and other contracts 3 to 5 cents in the green. The front month CmdtyView national average Cash Corn price was up a penny at $4.15.  The weekly Export Sales report this morning showed 942,276 MT of old crop corn sold in the week ending on … - [Cotton futures up 20 to 40 points on the day](https://todaymarkets.ae/cotton-futures-up-20-to-40-points-on-the-day/): Cotton futures posted positive trade on Thursday, with contracts up 20 to 40 points on the day. Crude oil prices were up 43 cents/barrel, with the US dollar index showing steady trade at $98.670.  USDA’s Export Sales report showed 109,785 RB of 2024/25 cotton sold in the week ending on May 29, which was a … - [Coffee Prices Sharply Higher as the Brazilian Real Surges](https://todaymarkets.ae/coffee-prices-sharply-higher-as-the-brazilian-real-surges/): July arabica coffee (KCN25) Thursday closed up +13.60 (+3.93%), and July ICE robusta coffee (RMN25) closed up +121 (+2.71%). Coffee prices rallied sharply on Thursday to 1-week highs.   Thursday’s rally in the Brazilian real (^USDBRL) to a 7-1/2 month high against the dollar sparked fund short covering in coffee futures.  The stronger Brazilian real … - [Cocoa Prices Climb as the Dollar Falls and Ivory Coast Cocoa Exports Slow](https://todaymarkets.ae/cocoa-prices-climb-as-the-dollar-falls-and-ivory-coast-cocoa-exports-slow/): July ICE NY cocoa (CCN25) Thursday closed up +128 (+1.29%), and July ICE London cocoa #7 (CAN25) closed up +65 (+0.99%). Cocoa prices settled higher on Thursday, with NY cocoa posting a 1-1/2 week high and London cocoa posting a 1-week high.   Thursday’s fall in the dollar index (DXY00) to a 6-week low prompted … - [Sugar Prices Hammered by the Outlook for Ample Supplies](https://todaymarkets.ae/sugar-prices-hammered-by-the-outlook-for-ample-supplies/): July NY world sugar #11 (SBN25) Thursday closed down -0.18 (-1.07%), and August London ICE white sugar #5 (SWQ25) closed down -4.80 (-1.03%). Sugar prices extended their two-month-long selloff on Thursday, with NY sugar posting a nearly 4-year nearest-futures low and London sugar posting a 4-1/2-month low.   Expectations for a global sugar surplus are … - [Economic Calendar - ECB Decision in Focus](https://todaymarkets.ae/economic-calendar-ecb-decision-in-focus/): After the warning signal from the U.S. labor market in the form of exceptionally weak ADP data, investors’ attention shifts to today’s NFP report. Market expectations are set relatively low compared to the previous month (a decline of around 50,000 new jobs is forecast), so a negative surprise may confirm concerns about the state of employment … - [ECB preview: Central banks take a lurch to the dovish side](https://todaymarkets.ae/ecb-preview-central-banks-take-a-lurch-to-the-dovish-side/): A theme is emerging as we move towards the final weeks of Q2, central banks are getting more dovish. ECB and Fed members’ speeches have become notably more dovish in recent weeks, while reports on Wednesday suggest that the Bank of Japan is considering slowing the pace of its bond tapering programme next year. A … - [USD/CHF wobbles near six-week low around 0.8200, US NFP in focus](https://todaymarkets.ae/usd-chf-wobbles-near-six-week-low-around-0-8200-us-nfp-in-focus/): The USD/CHF pair trades with caution near the six-week low around 0.8200 during late Asian trading hours on Thursday. Investors brace for significant volatility in the pair as the United States (US) Nonfarm Payrolls (NFP) data takes centre stage, which will reflect the current status of the labor market. The US Dollar (USD) fell sharply on … - [EUR/JPY Retains bullish bias above 163.00](https://todaymarkets.ae/eur-jpy-retains-bullish-bias-above-163-00/): The EUR/JPY cross edges higher to around 163.15 during the Asian trading hours on Thursday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the expectation that the next interest rate hike by the Bank of Japan (BoJ) will not come soon. According to a Reuters poll, most economists expect the BoJ to hold rates steady through … - [NZD/USD - Holds steady near 0.6030; moves little after Chinese PMI](https://todaymarkets.ae/nzd-usd-holds-steady-near-0-6030-moves-little-after-chinese-pmi/): The NZD/USD pair trades with a positive bias for the second straight day, though it remains below the 0.6050 level through the Asian session on Thursday amid a modest US Dollar (USD) uptick. Spot prices hold steady around the 0.6030 region and move little following the release of China’s Caixin Services PMI, which rose to … - [XAG/USD maintains position around $34.50 due to safe-haven demand](https://todaymarkets.ae/xag-usd-maintains-position-around-34-50-due-to-safe-haven-demand/): Silver price (XAG/USD) edges higher after registering losses in the previous two successive sessions, trading around $34.50 per troy ounce during the Asian hours on Thursday. Prices of the precious metals, including Silver, receive support from safe-haven flows amid growing global economic and political uncertainty. The non-yielding assets like Silver receive support after the release of soft … - [EUR/USD trades cautiously around 1.1400 ahead of ECB’s interest rate policy](https://todaymarkets.ae/eur-usd-trades-cautiously-around-1-1400-ahead-of-ecbs-interest-rate-policy/): The EUR/USD pair trades with caution, slightly above the key level of 1.1400 during Asian trading hours on Thursday. The major currency pair is expected to remain sideways, with investors awaiting the European Central Bank’s (ECB) interest rate decision announcement at 12:15 GMT. The ECB is almost certain to reduce its key borrowing rates by 25 … - [USD/MXN Finds resistance around 19.20 ahead of nine-day EMA](https://todaymarkets.ae/usd-mxn-finds-resistance-around-19-20-ahead-of-nine-day-ema/): USD/MXN inches higher after registering losses in the previous session, trading around 19.20 during the Asian hours on Thursday. A bearish bias is prevailing as the daily chart’s technical analysis indicates the pair consolidating within a descending channel pattern. The USD/MXN remains below the nine-day Exponential Moving Average (EMA), indicating weaker short-term momentum. Additionally, the … - [AUD/USD trims gains as US Dollar recovers ground, Initial Jobless Claims eyed](https://todaymarkets.ae/aud-usd-trims-gains-as-us-dollar-recovers-ground-initial-jobless-claims-eyed/): The Australian Dollar (AUD) remains in positive territory for the second successive session against the US Dollar (USD) on Thursday. The AUD/USD pair holds ground following the release of domestic trade balance and China’s Caixin Services Purchasing Managers’ Index (PMI) data. Australia’s Trade Balance posted a 5,413M surplus month-over-month in April, came below the 6,100M … - [USD/INR edges lower on weak US data, lower oil prices](https://todaymarkets.ae/usd-inr-edges-lower-on-weak-us-data-lower-oil-prices/): The Indian Rupee (INR) recovers on Thursday, snapping the two-day losing streak. Concerns over US President Donald Trump’s erratic tariff policy and a ballooning fiscal deficit after the House of Representatives passed a sweeping tax cut and spending bill drag the Greenback lower and provide some support to the local currency.  Nonetheless, the renewed US … - [JPY/USD ticks lower, bias against a rebounding USD; bears lack conviction](https://todaymarkets.ae/jpy-usd-ticks-lower-bias-against-a-rebounding-usd-bears-lack-conviction/): The Japanese Yen (JPY) remains on the back foot through the Asian session on Thursday, which, along with a modest US Dollar (USD) uptick, lifts the USD/JPY pair back above the 143.00 mark in the last hour. The JPY bears, however, might refrain from placing aggressive bets in the wake of the growing acceptance that the Bank … - [USD/CAD - More downside towards 1.3600 looks likely](https://todaymarkets.ae/usd-cad-more-downside-towards-1-3600-looks-likely/): The USD/CAD pair appears vulnerable near an over eight-month low, slightly above 1.3650 during Asian trading hours on Thursday. The Loonie pair stays under pressure as the US Dollar (USD) remains on backfoot amid renewed United States (US) stagflation risks and trade uncertainty. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades cautiously near the … - [Cattle Rally to Close Near All-Time Highs](https://todaymarkets.ae/cattle-rally-to-close-near-all-time-highs/): Live cattle futures were in rally mode on Wednesday closing in on all-time highs, as contracts were up $2.40 to $2.75. Cash trade saw some $224-225 sales on Wednesday in the South. Northern business has been light. The Wednesday morning Fed Cattle Exchange online auction saw sales on 463 of the 926 head, with trade … - [Soybeans Pull Off Highs](https://todaymarkets.ae/soybeans-pull-off-highs/): The soybean market saw Wednesday gains of 3 to 5 cents at the close, pulling back off some intraday highs. The cmdtyView Cash Bean price was up 4 3/4 cents to $10.00. Soymeal futures were $1.90 to $2.60/ton higher, as Soy Oil were mixed, with 6 point losses to 2 point gains. Export Sales data will be out tomorrow, with the … - [Wheat Pops Higher](https://todaymarkets.ae/wheat-pops-higher/): The wheat complex started off the Wednesday session slow, but closed with gains across the three markets. Chicago SRW futures saw 6 to 8 cent gains that the Wednesday close. Kansas City HRW contracts posted 3 to 4 cent gains at the final bell. Minneapolis spring wheat futures closed the Wednesday session with contracts 5 … - [Corn Rebounds](https://todaymarkets.ae/corn-rebounds/): Corn futures posted Wednesday gains of fractionally to 5 1/4 cents, as July continues to be on the selling side of the bear spreading. The front month CmdtyView national average Cash Corn price was up 1/4 cent at $4.14 1/4.  EIA data from this morning showed the weekly ethanol production exploding to match the mid-March high at … - [Coffee Prices Settle Higher as Brazilian Real Strength Sparks Short Covering](https://todaymarkets.ae/coffee-prices-settle-higher-as-brazilian-real-strength-sparks-short-covering/): July arabica coffee (KCN25) Wednesday closed up +5.30 (+1.55%), and July ICE robusta coffee (RMN25) closed up +37 (+0.83%). Coffee prices on Wednesday settled higher as a rally in the Brazilian real (^USDBRL) sparked short covering in coffee futures.  The Brazilian real rose to a 1-1/2 week high against the dollar Wednesday, discouraging export selling … - [Cocoa Futures Climb on Short Covering as the Dollar Weakens](https://todaymarkets.ae/cocoa-futures-climb-on-short-covering-as-the-dollar-weakens/): July ICE NY cocoa (CCN25) Wednesday closed up +173 (+1.77%), and July ICE London cocoa #7 (CAN25) closed up +73 (+1.13%). Cocoa prices rose on Wednesday as dollar weakness prompted some short covering in cocoa futures.  Gains in London cocoa were muted Wednesday after the British pound (^GBPUSD) rose to a 1-week high, undercutting cocoa … - [Cotton Trades Lower](https://todaymarkets.ae/cotton-trades-lower/): Cotton futures were falling on Wednesday with contracts down 70 to 106 points at the final bell. Crude oil prices were down 66 cents/barrel, with the US dollar index back down $0.404 to $98.755. The next week is looking for precip across much of TX to the East Coast according to NOAA’s 7-day QPF. Tuesday’s … - [Sugar Prices Fall as Global Production and Supplies Increase](https://todaymarkets.ae/sugar-prices-fall-as-global-production-and-supplies-increase/): July NY world sugar #11 (SBN25) Wednesday closed down -0.15 (-0.89%), and August London ICE white sugar #5 (SWQ25) closed down -5.60 (-1.186%). Sugar prices settled lower on Wednesday but remained above Tuesday’s significant lows.  NY sugar sank to a 3-3/4 year nearest-futures low on Tuesday, and London sugar fell to a 4-1/2 month low … - [Nat-Gas Prices Slip as US Weather Forecasts Moderate](https://todaymarkets.ae/nat-gas-prices-slip-as-us-weather-forecasts-moderate/): July Nymex natural gas (NGN25) on Wednesday closed down by -0.006 (-0.16%). July nat-gas prices on Wednesday posted modest losses as temperature forecasts moderated across the central and eastern US, which could curb nat-gas demand from electricity providers to run air-conditioning.  Forecaster Atmospheric G2 stated on Wednesday that forecasts shifted cooler across the southern half … - [EUR/USD consolidates below 1.1400 as good US data supports the Dollar](https://todaymarkets.ae/eur-usd-consolidates-below-1-1400-as-good-us-data-supports-the-dollar/): EUR/USD is moving lower for the second consecutive day on Wednesday, trading around 1.1380 at the time of writing. A positive surprise on Tuesday’s US job openings has boosted investors’ mood, contributing to easing concerns about the economic impact of tariffs. The Euro, on the other hand, was hit by softer-than-expected Eurozone Consumer Prices Index (CPI) data … - [NZD/USD - Support at the 0.6000 area keeps the upward trend intact](https://todaymarkets.ae/nzd-usd-support-at-the-0-6000-area-keeps-the-upward-trend-intact/): The New Zealand Dollar turned lower on Tuesday, weighed by a stronger US Dollar, but downside attempts have been contained at the 0.5990-0.6000 area, which keeps the broader upward trend intact. The Kiwi retreated from year-to-date highs, at 0.6050, following stronger-than-expected US job openings numbers, that eased concerns about US debt and trade tariffs, at … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-5/): Today we received the Q1 2025 GDP report for Australia. The data came in slightly below market expectations, both on a quarterly and annual basis. In response, we observed a slight decline in the AUD against the dollar, but the rate quickly returned to pre-release levels. GDP Report Australia’s economy grew by only 0.2% in … - [Economic Calendar - Labour Market Data And Trade Deals in Focus](https://todaymarkets.ae/economic-calendar-labour-market-data-and-trade-deals-in-focus/): Among today’s key macroeconomic releases are the U.S. labor market report — ADP, the PMI and ISM services data, as well as the interest rate decision from the Bank of Canada. However, today we can also expect important updates related to new U.S. trade agreements with other partners. Yesterday, the White House confirmed that U.S. … - [WTI eases amid a stronger USD, but remains close to $63.00](https://todaymarkets.ae/wti-eases-amid-a-stronger-usd-but-remains-close-to-63-00/): Oil has been trimming some gains over the last sessions, weighed by a stronger US Dollar, but it remains close to the six-week highs above $63.00 reached on Tuesday. The US Dollar Index, which measures the value of the Greenback against the six most traded currencies, bounced up about 0.7%, buoyed by strong US job openings … - [Gold price trades with positive bias above $3,350, remains close to multi-week top](https://todaymarkets.ae/gold-price-trades-with-positive-bias-above-3350-remains-close-to-multi-week-top/): Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Wednesday and reverses a part of the previous day’s retracement slide from a nearly four-week top. The US Dollar (USD) struggles to capitalize on Tuesday’s goodish bounce from a six-week trough amid the growing acceptance that the Federal Reserve (Fed) will cut interest rates further amid signs of … - [EUR/USD hovers below 1.1400 as Eurozone inflation falls below ECB’s 2% target](https://todaymarkets.ae/eur-usd-hovers-below-1-1400-as-eurozone-inflation-falls-below-ecbs-2-target/): EUR/USD moves little after registering losses in the previous session, trading around 1.1380 during the Asian hours on Wednesday. The pair may appreciate as the US Dollar (USD) struggles due to traders’ caution amid rising tariff uncertainty and its potential to hurt growth in the US economy. Job Openings and Labor Turnover Survey (JOLTS) Job Openings posted … - [USD/INR drifts lower as traders await Indian/US PMI releases](https://todaymarkets.ae/usd-inr-drifts-lower-as-traders-await-indian-us-pmi-releases/): The Indian Rupee (INR) gains ground on Wednesday. The weaker US Dollar (USD) after the downbeat economic data supports the local currency. Analysts from BofA Securities said that Indian markets will likely be among the top three in Asia to attract foreign inflows once tariff-related uncertainties ease. This, in turn, might boost the Indian currency.  Nonetheless, extended gains in … - [GBP/USD remains above 1.3500 as US Dollar comes under pressure from "Sell America" trend](https://todaymarkets.ae/gbp-usd-remains-above-1-3500-as-us-dollar-comes-under-pressure-from-sell-america-trend/): GBP/USD edges higher after registering losses in the previous session, trading around 1.3520 during the Asian hours on Wednesday. The pair may appreciate as the US Dollar (USD) attracts sellers under the “Sell America” trend amid rising tariff uncertainty, which could hurt growth in the US economy. Job Openings and Labor Turnover Survey (JOLTS) Job Openings posted … - [XAG/USD bulls have the upper hand near mid-$34.00ish, just below YTD top](https://todaymarkets.ae/xag-usd-bulls-have-the-upper-hand-near-mid-34-00ish-just-below-ytd-top/): Silver (XAG/USD) struggles to capitalize on the overnight bounce from sub-$34.00 levels and oscillates in a narrow trading band during the Asian session on Wednesday. The white metal currently hovers around the $34.50 area, nearly unchanged for the day, though it remains close to the year-to-date peak (YTD) touched on Monday. From a technical perspective, … - [Crude Prices Settle Higher on Energy Demand Optimism and Canadian Wildfires](https://todaymarkets.ae/crude-prices-settle-higher-on-energy-demand-optimism-and-canadian-wildfires/): July WTI crude oil (CLN25) Tuesday closed up +0.89 (+1.42%), and July RBOB gasoline (RBN25) closed up +0.0263 (+1.28%). Crude oil and gasoline prices on Tuesday added to Monday’s gains, with crude posting a 1-1/2 week high.  Signs of strength in the US labor market support economic growth prospects and energy demand, as JOLTS job … - [Prospects of Above-Normal US Temps Boost Nat-Gas Prices](https://todaymarkets.ae/prospects-of-above-normal-us-temps-boost-nat-gas-prices/): July Nymex natural gas (NGN25) on Tuesday closed up by +0.028 (+0.76%). July nat-gas prices on Tuesday added to Monday’s sharp rally and settled higher on the prospects of hotter US weather boosting nat-gas demand from electricity providers to power increased air-conditioning usage.  Forecaster Atmospheric G2 stated on Tuesday that temperatures are expected to be … - [Cattle Slip Back, as Beef Takes a Breather](https://todaymarkets.ae/cattle-slip-back-as-beef-takes-a-breather/): Live cattle futures are pulling back from early strength, with contracts 57 cents to $1.27 lower. Cash trade has yet to see much action this week, with last week at $221-223 in the South and some up to $225, with business at $234-237 in the North. Feeder cattle futures saw losses of 42 to 52 … - [The spring wheat crop is now 95% planted](https://todaymarkets.ae/the-spring-wheat-crop-is-now-95-planted/): Wheat futures posted some turnaround action on Tuesday, with contracts down across the three exchanges. Chicago SRW futures were 2 to 3 cents lower.  Kansas City HRW contracts saw weakness, with losses of 3 cents in the nearbys. Minneapolis spring wheat futures pulled back on the rating improvement, down 9 to 10 cents.  USDA’s weekly … - [Soybeans found some recovery](https://todaymarkets.ae/soybeans-found-some-recovery/): Soybeans found some recovery on Tuesday following recent weakness, with contracts up 4 to 7 ¼ cents on Friday. The cmdtyView Cash Bean price was up 7 1/2 cents to $9.95 1/4. Soymeal futures were steady to 40 cents higher/ton, as Soy Oil were back up 53 points. Some support came from reports that President Trump and Chinese president Xi will … - [Corn Turns Higher to Post Gains](https://todaymarkets.ae/corn-turns-higher-to-post-gains/): Corn futures closed out the Tuesday session with some gains. July was up just ¼ cent as the bear spreading continued, with December now par with July and up 2 ¾ cents on the day. The front month CmdtyView national average Cash Corn price was up ½ cent at $4.14 3/4.  Weekly Crop Progress data showed the … - [Coffee Prices Retreat on Brazil Harvest Pressures](https://todaymarkets.ae/coffee-prices-retreat-on-brazil-harvest-pressures/): July arabica coffee (KCN25) Tuesday closed down -3.60 (-1.05%), and July ICE robusta coffee (RMN25) closed down -41 (-0.92%). Coffee prices retreated on Tuesday, with arabica falling to a 1-3/4-month low and robusta dropping to a 7-month low.  Harvest pressures are undercutting coffee prices, as Safras & Mercado reported that Brazil’s 2025/26 coffee harvest was … - [Cocoa Prices Sharply Higher on Reduced Ivory Coast Cocoa Exports](https://todaymarkets.ae/cocoa-prices-sharply-higher-on-reduced-ivory-coast-cocoa-exports/): July ICE NY cocoa (CCN25) Tuesday closed up +301 (+3.18%), and July ICE London cocoa #7 (CAN25) closed up +151 (+2.39%). Cocoa prices settled sharply higher on Tuesday due to the slowing pace of Ivory Coast cocoa exports, signaling tighter future cocoa supplies.  Monday’s government data showed that Ivory Coast farmers shipped 1.6 MMT of … - [Cotton Closes Mixed](https://todaymarkets.ae/cotton-closes-mixed/): Cotton futures closed mixed action on Tuesday, as most contracts were down 8 to 16 points, and thinly traded October up 2 points. Crude oil prices are up another 85 cents/barrel, with the US dollar index back up $0.575 to $99.210. The Monday afternoon Crop Progress report indicated 66% of the US cotton crop was … - [Strength in Crude Oil Sparks Short Covering in Sugar Futures](https://todaymarkets.ae/strength-in-crude-oil-sparks-short-covering-in-sugar-futures/): July NY world sugar #11 (SBN25) Tuesday closed up +0.02 (+0.12%), and August London ICE white sugar #5 (SWQ25) closed up +2.80 (+0.59%). Sugar prices on Tuesday recovered from early losses and posted modest gains.  Short covering emerged in sugar futures Tuesday to lift prices higher after WTI crude oil (CLN25) rallied to a 1-1/2 … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-4/): BA Minutes Reveal Dovish Lean Amid Global Uncertainties During the Asian session, the Reserve Bank of Australia (RBA) published the minutes from its latest monetary policy meeting. The RBA implemented its second interest rate cut in May, following an initial reduction in February, bringing the official cash rate to 3.85%. The minutes revealed that the central bank had … - [Economic Calendar - Will EU Inflation Sway The ECB](https://todaymarkets.ae/economic-calendar-will-eu-inflation-sway-the-ecb/): Today’s economic calendar presents several key data releases. We begin with Swiss inflation data, though the Eurozone inflation figures will undoubtedly be of greater significance, especially ahead of the ECB meeting on Thursday. It’s important to note that these will be preliminary readings for May. Another crucial point on the calendar will be the release of US … - [EUR/USD holds losses near 1.1400 ahead of Eurozone HICP inflation data](https://todaymarkets.ae/eur-usd-holds-losses-near-1-1400-ahead-of-eurozone-hicp-inflation-data/): EUR/USD edges lower after registering over 0.50% gains in the previous session, trading around 1.1420 during the Asian hours on Tuesday. The US Dollar (USD) recovers its ground on technical correction, despite growing concerns regarding stagflation in the United States (US). Traders will likely observe Eurozone Harmonized Index of Consumer Prices (HICP) data scheduled to be released on Tuesday. Focus … - [USD/CHF Remains capped below 100-day EMA, bearish bias prevails below 0.8200](https://todaymarkets.ae/usd-chf-remains-capped-below-100-day-ema-bearish-bias-prevails-below-0-8200/): The USD/CHF pair trades with mild gains near 0.8180 during the early European session on Tuesday, bolstered by a modest rebound of the US Dollar (USD). Nonetheless, tariff uncertainty and the persistent geopolitical tensions in the Middle East might boost the safe-haven currency like the Swiss Franc (CHF) and create a headwind for the pair.  Technically, the bearish outlook of … - [AUD/JPY Breaks below mid-92.00s paves the way for further losses](https://todaymarkets.ae/aud-jpy-breaks-below-mid-92-00s-paves-the-way-for-further-losses/): The AUD/JPY cross attracted some sellers after the Reserve Bank of Australia (RBA) meeting Minutes showed that the central bank had considered an outsized 50 basis point cut in May. Spot prices retreat around 50 pips from the Asian session high and drop to the 92.35 region in the last hour, though the downfall lacks … - [XAU/USD retreats from multi-week top as a recovering USD prompts mild profit-taking](https://todaymarkets.ae/xau-usd-retreats-from-multi-week-top-as-a-recovering-usd-prompts-mild-profit-taking/): Gold price (XAU/USD) retreats from the vicinity of the $3,400 round-figure mark, or a nearly four-week peak touched during the Asian session on Tuesday and erodes a part of the previous day’s strong gains. A modest US Dollar (USD) recovery from the lowest level since April 22 is seen as a key factor exerting some pressure on … - [XAG/USD slumps to near $34.00 on some profit-taking ](https://todaymarkets.ae/xag-usd-slumps-to-near-34-00-on-some-profit-taking/): The Silver price (XAG/USD) faces some selling pressure to around $34.15 after retreating from a nearly seven-month high during the Asian trading hours on Tuesday. The white metal loses ground due to some profit-taking amid easing trade tensions.  A generally positive tone around the equity markets weighs on the safe-haven assets, including the white metal. US … - [JPY/USD remains on the back foot against a broadly recovering USD; lacks bearish conviction](https://todaymarkets.ae/jpy-usd-remains-on-the-back-foot-against-a-broadly-recovering-usd-lacks-bearish-conviction/): The Japanese Yen (JPY) stalls its intraday retracement slide from a one-week high touched against a broadly recovering US Dollar (USD) during the Asian session on Tuesday. Comments from Bank of Japan (BoJ) Governor Kazuo Ueda reaffirmed market bets that the central bank will continue raising interest rates. This marks a big divergence in comparison to bets … - [GBP/USD trades with negative bias above 1.3500 ahead of BoE Monetary Policy Report Hearings](https://todaymarkets.ae/gbp-usd-trades-with-negative-bias-above-1-3500-ahead-of-boe-monetary-policy-report-hearings/): The GBP/USD pair attracts some sellers during the Asian session on Tuesday and erodes a part of the overnight strong move up to the 1.3560 area, or a multi-day peak. Spot prices drop to the 1.3515 area, or a fresh daily low in the last hour amid a modest US Dollar (USD) uptick, though the fundamental backdrop … - [US Dollar Index surges toward 99.00, rebounds from six-week lows](https://todaymarkets.ae/us-dollar-index-surges-toward-99-00-rebounds-from-six-week-lows/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, has rebounded from a six-week low of 98.58 and is trading higher near 98.90 during the Asian hours on Tuesday. Traders would likely observe the release of the JOLTS Job Openings later on Tuesday. However, the US Dollar faced … - [AUD weakens, potentially due to corrective rebound in US Dollar](https://todaymarkets.ae/aud-weakens-potentially-due-to-corrective-rebound-in-us-dollar/): The Australian Dollar (AUD) depreciated against the US Dollar (USD) on Tuesday after registering around 1% gains in the previous session. The AUD/USD pair remains subdued following the release of the Reserve Bank of Australia’s (RBA) Meeting Minutes. RBA Minutes of its May monetary policy meeting suggested that the board viewed the case for a 25 basis point … - [USD/INR rises amid modest US Dollar bids, higher oil prices](https://todaymarkets.ae/usd-inr-rises-amid-modest-us-dollar-bids-higher-oil-prices/): The Indian Rupee (INR) weakens on Tuesday. The renewed US Dollar (USD) demand and a rise in crude oil prices put pressure on the local currency. Barclays Bank Plc strategists said that the INR is likely to underperform even as the USD remains under pressure. “The RBI is expected to be focused on replenishing its FX buffers … - [Crude Prices Higher as the Dollar Slumps and Oversupply Concerns Ease](https://todaymarkets.ae/crude-prices-higher-as-the-dollar-slumps-and-oversupply-concerns-ease/): July WTI crude oil (CLN25) Monday closed up +1.73 (+2.85%), and July RBOB gasoline (RBN25) closed up +0.0374 (+1.86%). Crude oil and gasoline prices on Monday settled sharply higher, with crude posting a 1-1/2 week high.  Monday’s fall in the dollar index (DXY00) to a 1-1/4 month low is bullish for energy prices.  Crude also … - [Nat-Gas Prices Surge as US Weather Forecasts Turn Hotter](https://todaymarkets.ae/nat-gas-prices-surge-as-us-weather-forecasts-turn-hotter/): July Nymex natural gas (NGN25) on Monday closed up sharply by +0.247 (+7.17%). July nat-gas prices on Monday settled sharply higher as US weather forecasts shifted warmer for mid-June, which could boost nat-gas demand from electricity providers to power increased air-conditioning usage.  Forecaster Atmospheric G2 said Monday that temperatures shifted hotter across large portions of … - [Cattle Rallies to Start New Month](https://todaymarkets.ae/cattle-rallies-to-start-new-month/): Live cattle futures were in rally mode on Monday, with contracts up $1.07 to $1.80. Cash trade has yet to see much this week, with last week at $221-223 in the South and some up to $225, with business at $234-237 in the North.  Feeder cattle futures saw a Monday rally, with contracts up $2.92 … - [Arabica Coffee Prices Settle Higher on Weather Concerns in Brazil](https://todaymarkets.ae/arabica-coffee-prices-settle-higher-on-weather-concerns-in-brazil/): July arabica coffee (KCN25) Monday closed up +2.00 (+0.58%), and July ICE robusta coffee (RMN25) closed down -34 (-0.75%). Coffee prices on Monday settled mixed, with robusta posting a 6-3/4 month low.   Coffee prices have been under pressure over the past month on the outlook for higher coffee production and ample supplies.  On May … - [Cocoa Prices Retreat on Beneficial Crop Weather in West Africa](https://todaymarkets.ae/cocoa-prices-retreat-on-beneficial-crop-weather-in-west-africa/): July ICE NY cocoa (CCN25) Monday closed down -317 (-3.24%), and July ICE London cocoa #7 (CAN25) closed down -218 (-3.33%). Cocoa prices on Monday gave up an early advance and fell sharply due to favorable weather in West Africa, which is expected to aid cocoa crop development in the world’s largest cocoa-growing region.  Rain … - [Expectations for Ample Global Sugar Supplies Undercuts Prices](https://todaymarkets.ae/expectations-for-ample-global-sugar-supplies-undercuts-prices/): July NY world sugar #11 (SBN25) Monday closed down -0.17 (-1.00%), and August London ICE white sugar #5 (SWQ25) closed down -5.20 (-1.09%). Sugar prices on Monday moved lower due to the outlook for higher sugar production in India, the world’s second-largest producer.  On Monday, India’s National Federation of Cooperative Sugar Factories forecast today that … - [Cotton Posts Monday ](https://todaymarkets.ae/cotton-posts-monday/): Cotton futures started the week off with a little strength, as contracts were up 65 to 107 points at the close. Crude oil prices shot higher, up $2.25, with the US dollar index down $0.644 to $98.615.  The Monday afternoon Crop Progress report indicated 66% of the US cotton crop was planted, 3 percentage points … - [Soybeans Fall to Start June, as Conditions Lineup with Expectations](https://todaymarkets.ae/soybeans-fall-to-start-june-as-conditions-lineup-with-expectations/): Soybean futures faced weakness for much of the session, as the wetter outlook and weaker products continue to pressure the market. Contracts closed with 7 to 10 cents losses. The cmdtyView Cash Bean price was down 7 1/2 cents to $9.88 3/4. Soymeal futures posted 80 cent to $2.30ton losses, as Soy Oil are down another 13 to 68 points. Crop … - [Wheat Holds onto Gains on Monday, Ratings Improve](https://todaymarkets.ae/wheat-holds-onto-gains-on-monday-ratings-improve/): The wheat market held onto the Monday gains at the close, with contracts posting positive trade. Chicago SRW futures were 5 to 7 cents higher. Kansas City HRW contracts saw 6 to 7 gains at the close. Minneapolis spring wheat futures are were 1 to 3 cents higher. Increased tensions in the Black Sea likely … - [Corn Bulls Sputter to Start the Week](https://todaymarkets.ae/corn-bulls-sputter-to-start-the-week/): Corn futures closed out Monday with contracts 2 to 5 ¾ cents in the red, as the bear spreading continues. The front month CmdtyView national average Cash Corn price was down 6 1/2 cents at $4.13 1/4.  Weekly Crop Progress data showed the US corn crop now 93% planted, matching the 5-year average, with emergence 1 percentage … - [Today Markets - The Week Ahead](https://todaymarkets.ae/today-markets-the-week-ahead/): The Week Ahead: Payrolls and ECB rate cut to set the tone The start of the new month will bring a plethora of economic information that will be vital for asset markets. Before we delve into the key drivers of this week’s action, it is useful to look at the context and piece together key … - [Economic Calendar - Trade Tensions Overshadow Manufacturing PMI's](https://todaymarkets.ae/economic-calendar-trade-tensions-overshadow-manufacturing-pmis/): Financial markets are once again driven by global trade policy shifts, as the verbal breakdown in U.S.-China relations renews concerns about growth and competitiveness in the world’s two largest economies. Aggressive rhetoric from both Beijing and Washington casts serious doubt over the Geneva trade truce, fueling a strong return of risk aversion. However, trade issues … - [XAG/USD holds steady above $33.00 mark, seems poised to climb further](https://todaymarkets.ae/xag-usd-holds-steady-above-33-00-mark-seems-poised-to-climb-further/): Silver (XAG/USD) edges higher at the start of a new week and retakes the $33.00 mark during the Asian session, reversing a part of Friday’s losses. The intraday uptick, however, lacks bullish conviction, warranting some caution before positioning for any meaningful appreciating move. Looking at the broader picture, the XAG/USD has been oscillating in a … - [Crypto Gainers FLR, XMR, and ZEC: Flare leads the layer-1 rally with aims to unlock XRP’s DeFi potential](https://todaymarkets.ae/crypto-gainers-flr-xmr-and-zec-flare-leads-the-layer-1-rally-with-aims-to-unlock-xrps-defi-potential/): With the broader crypto market holding above key levels on the weekends, layer-1 tokens lead the positive start this week. Flare (FLR) breaks above a multi-month resistance trendline after the Uphold partnership announcement to integrate FAssets for Ripple’s XRP focused decentralized finance (DeFi) services and yields.  Privacy coins share the lead stage, with Monero (XMR) and Zcash (ZEC) surging … - [Bitcoin, Ethereum, Ripple – BTC, ETH and XRP consolidate as bulls struggle to reclaim momentum](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-consolidate-as-bulls-struggle-to-reclaim-momentum/): Bitcoin (BTC) continues to consolidate around the $105,000 mark, following a 3% decline last week. Ethereum (ETH) remains above a critical technical support level that could determine its near-term direction, while Ripple (XRP) is testing a key resistance level, increasing the odds of a pullback as bullish momentum wanes. Bitcoin is heading toward $100,000 as … - [WTI climbs to near $62.00 amid renewed trade tensions](https://todaymarkets.ae/wti-climbs-to-near-62-00-amid-renewed-trade-tensions/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.90 during the Asian trading hours on Monday. The WTI price jumps due to ongoing tariff uncertainty and the persistent geopolitical tensions in the Middle East.  US President Donald Trump’s tariffs raised concerns about global economic weakness, which might drag the price of black gold lower. Trump … - [USD/CAD falls to near 1.3700 as traders expect BoC to keep rates steady in June](https://todaymarkets.ae/usd-cad-falls-to-near-1-3700-as-traders-expect-boc-to-keep-rates-steady-in-june/): USD/CAD extends its losses for the second successive session, trading around 1.3720 during the Asian hours on Monday. The Canadian Dollar (CAD) continues to gain ground against the US Dollar (USD) following stronger-than-expected Gross Domestic Product (GDP) Annualized reinforced odds of the Bank of Canada (BoC) holding interest rates steady at its meeting on Wednesday. Canada’s economy … - [Asia-Pacific FX news wrap - Oil up despite OPEC+ output hike, USD lower.](https://todaymarkets.ae/asia-pacific-fx-news-wrap-oil-up-despite-opec-output-hike-usd-lower/): Oil prices opened higher on Monday, even after OPEC+ confirmed it would raise production by 411,000 barrels per day in July — matching increases from May and June. This marks the third consecutive monthly output hike as the cartel continues its push to regain market share and exert discipline on over-producing members. - [China's NBS Manufacturing PMI rises to 49.5 in May, Non-Manufacturing PMI eases to 50.3](https://todaymarkets.ae/chinas-nbs-manufacturing-pmi-rises-to-49-5-in-may-non-manufacturing-pmi-eases-to-50-3/): China’s official Manufacturing Purchasing Managers’ Index (PMI) rose to 49.5 in May, compared to 49.0 in the previous reading. The reading came in line with the market consensus in the reported month.  The NBS Non-Manufacturing PMI eased to 50.3 in May versus April’s 50.4 figure and below the estimates of 50.6. Market reaction At the time … - [Cattle Weakness Continues ](https://todaymarkets.ae/cattle-weakness-continues/): Live cattle futures posted losses of $1.57 to $2.52 on the Thursday session. A few cash sales in the north have been reported at $215-220 this week, with most on the higher side of that range, and $224 in the South. The Thursday morning Fed Cattle Exchange online auction showed $340 dressed sales on 40 head … - [Wheat Losses Extend ](https://todaymarkets.ae/wheat-losses-extend/): The wheat complex continued this week’s pullback on Thursday, as weakness was felt across the three exchanges. Chicago SRW futures were mostly 8 ½ to 10 cents lower on Thursday. KC HRW futures were down 7 ¾ to 10 cents on the day. MPLS spring wheat futures closed with losses of 3 ¾ to 8 … - [Corn Posts Losses ](https://todaymarkets.ae/corn-posts-losses/): Corn futures closed the Thursday session with contracts down 1 to 3 3/4 cents across the board. Strong export sales data from more than a month ago failed to get the bulls excited. The CmdtyView national average Cash Corn price was down 3 1/4 cents at $3.88 1/4.  Export Sales for 2025/26 corn bookings in the week … - [Soybean Losses Continue](https://todaymarkets.ae/soybean-losses-continue/): Soybeans posted losses of 9 to 13 ¾ cents on Thursday in the front months, with deferred contracts 3 to 7 ½ cents in the red. Futures continue to sell the fact as China purchases trickle in. The cmdtyView national average Cash Bean price was 13 1/2 cents lower at $10.49 1/4. Soymeal futures were back down $1.50 to … - [Coffee Prices Settle Higher on Supply Woes](https://todaymarkets.ae/coffee-prices-settle-higher-on-supply-woes/): March arabica coffee (KCH26) on Thursday closed up +1.80 (+0.48%), and January ICE robusta coffee (RMF26) closed up +115 (+2.55%). Coffee prices settled higher on Thursday, with robusta up sharply at a 2-week high.   Thursday’s dollar weakness prompted some short covering in arabica coffee, while weather concerns in Vietnam boosted robusta coffee.  Heavy rain … - [Cocoa Prices Recover as Dollar Weakness Sparks Short Covering](https://todaymarkets.ae/cocoa-prices-recover-as-dollar-weakness-sparks-short-covering/): December ICE NY cocoa (CCZ25) on Thursday closed up +165 (+3.34%), and December ICE London cocoa #7 (CAZ25) closed up +83 (+2.19%). Cocoa prices rallied sharply on Thursday as a weaker dollar sparked short covering in cocoa futures, which had become heavily oversold following the sharp selloff seen over the past two weeks.   Shrinking … - [Sugar Prices Finish Little Changed Amid Consolidation](https://todaymarkets.ae/sugar-prices-finish-little-changed-amid-consolidation/): March NY world sugar #11 (SBH26) on Thursday closed unchanged, and March London ICE white sugar #5 (SWH26) closed up +0.10 (+0.02%). Sugar prices settled little changed on Thursday as they consolidated recent gains.  On Wednesday, sugar prices rose to 3.5-week highs on positive carryover from Tuesday, when India’s food ministry said it was considering … - [Cotton Holds Mostly Steady](https://todaymarkets.ae/cotton-holds-mostly-steady/): Cotton futures ended the Thursday session with mostly contracts within 5 points of unchanged, as December was down 62 points ahead of Friday’s first notice day. Crude oil futures were down $0.17 per barrel to $59.27 on the day, with the US dollar index $0.009 higher to $100.160. Export Sales data showed 198,985 RB in … - [Eurozone Construction Output Contracts in September](https://todaymarkets.ae/eurozone-construction-output-contracts-in-september/): Eurozone construction output fell 0.3% year-over-year in September 2025, reversing an upwardly revised 1.0% growth in August and marking the steepest contraction since March, driven by a sharp drop in building activity (-4.1% vs -1.5%). Civil engineering rose 2.0%, slower than August’s 3.3% increase, while specialized construction advanced 0.9%, down from 1.9%. Among major economies, … - [Zinc Drops from 11-Month High](https://todaymarkets.ae/zinc-drops-from-11-month-high/): Zinc futures were at $3,000 per tonne in November, pulling back from the eleven-month high of $3,100 from the start of the month and tracking the broad pullback for base metals. Industrial metals with exposure to datacenter and infrastructure investments pulled back as concerns of exaggerated AI-investment pledges trimmed the outlook for the sector. Meanwhile, … - [German Bund Yields Hover Near Two-Month High](https://todaymarkets.ae/german-bund-yields-hover-near-two-month-high/): Germany’s 10-year Bund yield edged above 2.7%, holding near its highest level since late September and heading for a fifth straight weekly increase, as investors shifted toward riskier assets following upbeat earnings from AI giant Nvidia, while awaiting the delayed US jobs report for further signals on the Federal Reserve’s policy outlook. The latest Fed … - [France’s 10-Year Bond Yield Nears 3.5% Amid Risk Appetite](https://todaymarkets.ae/frances-10-year-bond-yield-nears-3-5-amid-risk-appetite/): The yield on France’s 10-year government bond climbed toward 3.5%, reaching its highest level since October 9, following European peers higher as investors turned to riskier assets like stocks after upbeat earnings from AI giant Nvidia. Market attention remains on the delayed US jobs report for further signals on the Federal Reserve’s policy path, while … - [Italy’s 10-Year BTP Yield Rises](https://todaymarkets.ae/italys-10-year-btp-yield-rises/): Italy’s 10-year BTP yield climbed to 3.46%, following European peers higher and marking its highest level since October 10, as investors favored riskier assets like stocks after strong earnings from AI giant Nvidia. Attention remains on the delayed US jobs report for guidance on the Federal Reserve’s policy outlook. The latest Fed meeting minutes also … - [German Producer Prices Drop Less than Expected](https://todaymarkets.ae/german-producer-prices-drop-less-than-expected/): Producer prices in Germany fell 1.8% year-on-year in October 2025, following a 1.7% decline in September and compared with market expectations of a 1.9% drop. This marked the eighth consecutive month of annual producer price declines. The overall decrease was primarily driven by lower energy costs, which fell 7.5%. Key contributors within the energy sector … - [US Economy Likely Added 50K Jobs in September](https://todaymarkets.ae/us-economy-likely-added-50k-jobs-in-september/): US nonfarm payrolls are expected to have risen by 50K in September 2025, up from 22K in August, reinforcing signs of a cooling labor market. The unemployment rate is projected to hold steady at 4.3%. Average hourly earnings are also expected to rise 0.3% for the month, keeping the annual rate unchanged at 4.7%. The … - [Hang Seng Closes Little Changed Amid Mixed Sector Moves](https://todaymarkets.ae/hang-seng-closes-little-changed-amid-mixed-sector-moves/): The Hang Seng ended almost flat at 25,835 on Thursday, reversing morning gains after four straight sessions of losses. Strength in financials helped offset declines in tech, property, and consumer stocks after the PBoC kept key lending rates at record lows for the sixth straight meeting, reinforcing its accommodative stance. Sentiment was mixed as media … - [DAX Snaps 5-Day Decline](https://todaymarkets.ae/dax-snaps-5-day-decline/): Germany’s DAX rose more than 1% to cross 23,400 on Thursday, after five consecutive sessions of losses, in line with other European peers. Nvidia’s better-than-expected earnings and upbeat outlook, powered by the surge in artificial intelligence, have eased fears of a tech-stock bubble and helped reinvigorate market sentiment. Meanwhile, investors are awaiting the release of … - [Economic Calendar : Delayed NFP in Focus](https://todaymarkets.ae/economic-calendar-delayed-nfp-in-focus/): The market still hasn’t fully recovered from yesterday’s excellent quarterly results from Nvidia. Meanwhile, investors are facing another round of important releases today — this time macroeconomic. Today we will receive the delayed NFP report for September. The delay was caused by the government shutdown and the suspension of work at the BLS, the institution … - [Nvidia's Perfect Earnings](https://todaymarkets.ae/nvidias-perfect-earnings/): Nvidia: near perfect earnings report sends stocks soaring Nvidia has reported Q3 results, and the numbers are huge. The company reported revenues of $57bn, net income of $31.76bn, and earnings per share is $1.30. The ‘piece de resistance’ was forward guidance. Nvidia is predicting that sales will generate revenue of $65bn plus or minus 2% … - [EUR/GBP softens below 0.8850 despite growing expectations of BoE rate cut](https://todaymarkets.ae/eur-gbp-softens-below-0-8850-despite-growing-expectations-of-boe-rate-cut/): The EUR/GBP cross loses momentum to near 0.8820 during the early European session on Thursday. Nonetheless, the potential downside for the cross might be limited, as weakening UK economic data have increased expectations for a Bank of England (BoE) interest rate cut in December. The German Producer Price Index (PPI) and Eurozone Consumer Confidence reports will be released later on Thursday.  … - [EUR/USD slides further to near 1.1500 ahead of US NFP data](https://todaymarkets.ae/eur-usd-slides-further-to-near-1-1500-ahead-of-us-nfp-data/): The EUR/USD pair extends its losing streak for the fifth trading day on Thursday. The major currency pair slides to near an almost two-week low around 1.1500 during the European trading session. The weakness in the pair is mainly contributed by the strength in the US Dollar (USD), which outperforms its peers amid receding expectations … - [GBP/JPY reaches fresh 16-month highs above 205.50](https://todaymarkets.ae/gbp-jpy-reaches-fresh-16-month-highs-above-205-50/): GBP/JPY extends its winning streak for the fourth consecutive session, reaching 205.52, the highest since July 2024, during the Asian hours on Thursday. The currency cross gains ground as the Japanese Yen (JPY) declines on the potential for Japan’s Prime Minister Sanae Takaichi to unveil a stimulus package exceeding JPY 20 trillion. Members of the … - [Gold remains on the defensive below $4,100 amid sustained USD buying, ahead of US NFP](https://todaymarkets.ae/gold-remains-on-the-defensive-below-4100-amid-sustained-usd-buying-ahead-of-us-nfp/): Gold (XAU/USD) attracts some sellers following an intraday uptick to the $4,110 area and moves away from the weekly high, touched the previous day. The US Dollar (USD) buying remains unabated amid reduced bets for another interest rate cut by the US Federal Reserve (Fed) in December, which, in turn, is seen weighing on the non-yielding yellow … - [USD/CAD flat lines above 1.4050, all eyes on US NFP data](https://todaymarkets.ae/usd-cad-flat-lines-above-1-4050-all-eyes-on-us-nfp-data/): The USD/CAD pair holds steady near 1.4060 during the early European session on Thursday. Traders brace for the upcoming US Nonfarm Payrolls (NFP) data to provide clues about the potential for an interest-rate cut next month. Meanwhile, lower crude oil prices could weigh on the commodity-linked Canadian Dollar (CAD) against the Greenback.  The US Bureau of Labor Statistics (BLS) … - [Dutch Consumer Mood Least Negative in a Year](https://todaymarkets.ae/dutch-consumer-mood-least-negative-in-a-year/): Consumer confidence in the Netherlands improved to -21 in November 2025 from -27 in October, marking the least pessimistic reading since September 2024. It was also the most significant monthly improvement in more than four years. Assessments of the economic climate were less negative, rising to -34 in November from -46 in October, supported by … - [Iron Ore Slips on Weak Fundamentals](https://todaymarkets.ae/iron-ore-slips-on-weak-fundamentals/): Iron ore futures slipped below CNY 790 per ton, pulling back from over two week highs as concerns about excess global supply and weakening demand in top consumer China weighed on prices. China is on track to import more than 100 million tons of iron ore for a sixth straight month, putting total annual imports … - [Chinese Stocks Wobble as PBOC Stands Pat](https://todaymarkets.ae/chinese-stocks-wobble-as-pboc-stands-pat/): The Shanghai Composite rose 0.2% to above 3,950 while the Shenzhen Component lost 0.15% to 13,060 on Thursday, with mainland stocks showing mixed performances after China’s central bank kept key lending rates unchanged as expected, signaling no immediate policy easing. The PBOC held its one- and five-year loan prime rates at 3% and 3.5%, respectively, … - [Japan 10Y Yield Climbs Higher on Fiscal Worries](https://todaymarkets.ae/japan-10y-yield-climbs-higher-on-fiscal-worries/): Japan’s 10-year government bond yield climbed above 1.8% on Thursday, reaching its highest levels since 2008 as investors braced for the announcement of Prime Minister Sanae Takaichi’s stimulus package, which is expected to exceed 20 trillion yen. Lawmakers from the ruling Liberal Democratic Party even proposed a supplementary budget topping 25 trillion yen to fund … - [Offshore Yuan Steady After PBOC Decision](https://todaymarkets.ae/offshore-yuan-steady-after-pboc-decision/): The offshore yuan steadied around 7.11 per dollar on Thursday, as China signaled reduced urgency for further monetary policy easing amid persistent domestic and external headwinds. The one-year Loan Prime Rate, the benchmark for most corporate and household lending, was kept unchanged at 3%, while the five-year LPR, which serves as the key reference for … - [China 10-Year Yield Falls Amid PBOC Rate Hold](https://todaymarkets.ae/china-10-year-yield-falls-amid-pboc-rate-hold/): China’s 10-year government bond yield fell to around 1.80% on Thursday, hitting a near one-week low, despite signals that the central bank is in no rush to further ease monetary policy amid persistent domestic and external headwinds. The one-year Loan Prime Rate (LPR), the benchmark for most corporate and household lending, was held steady at … - [China’s Rare Earth Exports to US Jump in October](https://todaymarkets.ae/chinas-rare-earth-exports-to-us-jump-in-october/): China’s rare earth magnet exports to the US surged 56.1% from a month earlier to 656 tons in October 2025, the highest since January, according to General Administration of Customs data released on Thursday. The US, Germany, South Korea, Vietnam, and India were the top five export destinations for China’s rare earth magnets by volume … - [AUS 10-Year Yield Hovers Near 6-Month High](https://todaymarkets.ae/aus-10-year-yield-hovers-near-6-month-high/): Australia’s 10-year government bond yield rose to 4.47%, hovering near a six-month high, as investors assessed comments from RBA Assistant Governor Sarah Hunter. Hunter emphasized that policymakers would “not be jumping at one month of data” as they consider whether the current 3.6% cash rate is restrictive enough to bring inflation back to the central … - [Cattle Collapse Lower](https://todaymarkets.ae/cattle-collapse-lower/): Live cattle futures were down $3.50 to $3.75 on Wednesday. A few cash sales in the north has been reported at $218-220 this week, with $224 in the South. The Wednesday morning Fed Cattle Exchange online auction s showed no sales on the 1,576 head offered and bids at $220-221 live and $340 dressed. Feeder … - [Wheat Posts Weakness](https://todaymarkets.ae/wheat-posts-weakness/): The wheat complex is showing weakness across the three exchanges at midday. Chicago SRW futures were 9 to 10 cents lower on Wednesday. KC HRW futures settled 10 to 11 1/4 cents in the red. MPLS spring wheat futures were down 1 to 3 cents at the close on Wednesday. Talks of a possible peace … - [Copper Finds Support on Supply Concerns](https://todaymarkets.ae/copper-finds-support-on-supply-concerns/): Copper futures stabilized around $5 per pound on Thursday, poised to finish the week little changed as ongoing supply concerns supported prices. More than 30 people were recently killed at a semi-industrial copper mine in Congo after a bridge collapse, triggering investigations into the military’s role amid reports of clashes between miners and soldiers. Freeport-McMoRan … - [Soybeans Fall with Profit Taking and Product Pressure](https://todaymarkets.ae/soybeans-fall-with-profit-taking-and-product-pressure/): Soybeans were in the red on Wednesday with front months down 15 to 17 ¼ cents at the close. The cmdtyView national average Cash Bean price was 17 cents lower at $10.63 3/4. Soymeal futures were back down $9, with Soy Oil futures 105 points lower. A Reuters report indicated the EPA may delay their 50% cut to credits on imported … - [Corn Falls Back](https://todaymarkets.ae/corn-falls-back-2/): Corn futures closed the Wednesday session under pressure, as contracts were down 7 to 8 cents across most months. The CmdtyView national average Cash Corn price was down 6 3/4 cents at $3.91 1/4. Outside markets added pressure, with crude oil down $1.15 and the dollar index up $0.606. EIA data from this morning showed a rebound … - [Palm Oil Retreats After 5-Day Winning Streak](https://todaymarkets.ae/palm-oil-retreats-after-5-day-winning-streak/): Malaysian palm oil futures dipped around 1.5% to below MYR 4,200 per tonne on Thursday, snapping a five-session advance amid weakness in rival oils on the Dalian and Chicago exchanges. Sentiment also weakened after the Malaysian Palm Oil Board set a lower crude palm oil reference price for December. In top consumer India, October palm … - [Rain Forecasts for Brazil Hammer Coffee Prices](https://todaymarkets.ae/rain-forecasts-for-brazil-hammer-coffee-prices/): March arabica coffee (KCH26) on Wednesday closed down -12.85 (-3.31%), and January ICE robusta coffee (RMF26) closed down -57 (-1.25%). Coffee prices sold off sharply on Wednesday due to the prospects for rains in Brazil, which are supportive for coffee crop development and bearish for prices.  Climatempo on Wednesday forecasted heavy showers toward the end … - [Cocoa Prices Plummet on the Outlook for Robust Global Supplies](https://todaymarkets.ae/cocoa-prices-plummet-on-the-outlook-for-robust-global-supplies/): December ICE NY cocoa (CCZ25) on Wednesday closed down -319 (-6.06%), and December ICE London cocoa #7 (CAZ25) closed down -256 (-6.32%). Cocoa prices plummeted to 1.75-year lows on the nearest-futures chart on Wednesday as European Union nations are pushing for a one-year delay to the EU’s Deforestation Regulation.  The EU regulation, known as EUDR, … - [Sugar Prices Erase Early Gains as Crude Oil Tumbles](https://todaymarkets.ae/sugar-prices-erase-early-gains-as-crude-oil-tumbles/): March NY world sugar #11 (SBH26) on Wednesday closed down -0.04 (-0.27%), and March London ICE white sugar #5 (SWH26) closed down -0.30 (-0.07%). Sugar prices fell back from 3.5-week highs on Wednesday and closed lower after a plunge in crude oil prices sparked long liquidation in sugar futures.  WTI crude oil prices (CLZ25) tumbled … - [Cotton Falls with Outside Pressure](https://todaymarkets.ae/cotton-falls-with-outside-pressure/): Cotton futures posted Wednesday losses of 27 to 61 points at the close. Crude oil futures are back down $1.15 per barrel to $59.59 on the day, with the US dollar index $0.606 higher to $100.055. August cotton exports (excluding linters) totaled 642,851 bales, which was a 10-yar low for the month, and down 31.39% … - [European Stocks Attempt to Stabilize](https://todaymarkets.ae/european-stocks-attempt-to-stabilize/): Both the STOXX 50 and the STOXX 600 hovered around the flatline on Wednesday, trading near lows not seen since the end of September but attempting to stabilise after four consecutive sessions of losses. Investor sentiment, however, remained subdued as concerns over overvaluation in AI and tech stocks persisted, with Nvidia set to report quarterly … - [Eurozone Current Account Surplus Narrows in September](https://todaymarkets.ae/eurozone-current-account-surplus-narrows-in-september/): The Eurozone current account surplus narrowed to €38.1 billion in September 2025, down from a revised €43.5 billion a year earlier, largely due to a sharp drop in the primary income surplus, which fell to €0.8 billion from €12.0 billion. At the same time, the secondary income deficit widened to €16.2 billion from €13.6 billion. … - [Rupiah Firms as BI Holds Rates](https://todaymarkets.ae/rupiah-firms-as-bi-holds-rates/): The Indonesian rupiah strengthened to around 16,700 on Wednesday afternoon, snapping six sessions of weakness after the central bank maintained its benchmark rate at 4.75%, as expected. The decision reflected confidence that inflation would stay within the 2.5±1% target range and efforts to stabilize the currency amid global uncertainty and improve policy transmission. The hold … - [Bitcoin Extends Decline](https://todaymarkets.ae/bitcoin-extends-decline/): Bitcoin fell toward $90,000 on Wednesday, hitting seven-month lows as investors continued to unload risk assets amid ongoing concerns about lofty tech valuations and growing uncertainty surrounding the Federal Reserve’s rate-cutting path. Wall Street dropped for a fourth straight session on Tuesday, with technology stocks leading losses as analysts flagged bubble concerns. Meanwhile, markets are … - [UK Gilt Yields Steady Amid Cooling Inflation](https://todaymarkets.ae/uk-gilt-yields-steady-amid-cooling-inflation/): The UK 10-year gilt yield hovered near 4.55% after fresh data confirmed a continued easing in inflation, offering some relief to the Bank of England and the UK government while strengthening Finance Minister Rachel Reeves’ position ahead of next week’s pivotal budget. Headline inflation cooled to 3.6% in October, broadly in line with expectations. The … - [U.K Inflation Boosts Chance of BOE Rate Cut](https://todaymarkets.ae/u-k-inflation-boosts-chance-of-boe-rate-cut/): UK inflation cooled as expected last month, headline inflation moderated to 3.6% from 3.8%, the core rate also dropped a notch to 3.4% from 3.5% in September, and service price inflation also moderated to 4.5%, down from 4.7%. Even though headline inflation was a touch higher than expected, this is further evidence that UK prices … - [UK Producer Prices Rise 3.6% in October](https://todaymarkets.ae/uk-producer-prices-rise-3-6-in-october/): Factory gate prices for UK-manufactured goods rose 3.6% year-on-year in October 2025, following an upwardly revised 3.5% gain in September, marking the largest increase since May 2023. Out of the ten product groups, nine made upward contributions to annual output inflation, led by food products, motor vehicles, and other transport equipment. Prices for food products … - [EUR/GBP holds positive ground above 0.8800 after UK CPI data](https://todaymarkets.ae/eur-gbp-holds-positive-ground-above-0-8800-after-uk-cpi-data/): The EUR/GBP cross gains ground to near 0.8815 during the early European session on Wednesday. The Pound Sterling (GBP) edges lower against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report. The final reading of the Harmonized Index of Consumer Prices (HICP) inflation report from the Eurozone will be published later on Wednesday. Data released by the United Kingdom’s Office for National … - [Aussie Stocks End Lower as Banks Drag](https://todaymarkets.ae/aussie-stocks-end-lower-as-banks-drag/): The S&P/ASX 200 fell 0.3% to finish at 8,448 on Wednesday, hitting its lowest level since early June, as losses in banks outweighed gains in mining stocks. Financials led the decline, dropping 1.2% to a six-month low amid margin pressure, competition, and rising costs. All of the “Big Four” banks traded lower, though the pullback … - [Iron Ore Hits Over 2-Week High](https://todaymarkets.ae/iron-ore-hits-over-2-week-high/): Iron ore futures climbed above CNY 790 per ton, reaching an over two week high amid firm demand from steel mills and signs of tightening supplies in China. Steel producers stepped up iron ore purchases as inventories thinned, even while facing squeezed margins and softer steel prices. Steel demand in China’s non property sectors continues … - [GBP/USD Ticks Lower After Mixed U.K CPI Print](https://todaymarkets.ae/gbp-usd-ticks-lower-after-mixed-u-k-cpi-print/): UK CPI (M/M) Oct: 0.4% (0.4%; prev 0.0%) – CPI (Y/Y): 3.6% (est 3.5%; prev 3.8%) – CPI Core (Y/Y): 3.4% (est 3.4%; prev 3.5%) – CPI Services (Y/Y): 4.5% (est 4.6%; prev 4.7%) – CPIH (Y/Y): 3.8% (est 3.8%; prev 4.1%) The slowing in the CPIH rate into October 2025 reflected downward contributions from … - [Economic Calendar - Nvidia And Fed Minutes in The Spotlight](https://todaymarkets.ae/economic-calendar-nvidia-and-fed-minutes-in-the-spotlight/): Wednesday’s session on international financial markets may prove crucial in determining the overall market sentiment for the rest of the week, and perhaps even longer, given that today we will see Nvidia’s quarterly report and the FOMC minutes from the last meeting on interest rates. At a time when the stock market is dominated by … - [WTI drifts lower to near $60.50 as US crude inventories rise, sanction risks in focus](https://todaymarkets.ae/wti-drifts-lower-to-near-60-50-as-us-crude-inventories-rise-sanction-risks-in-focus/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.50 during the Asian trading hours on Tuesday. The WTI edges lower amid a rise in US crude inventories. Traders brace for the release of the US Energy Information Administration (EIA) crude oil stockpiles report later on Wednesday.  Data released by the American Petroleum Institute (API) on Tuesday showed … - [Cattle Ease Lower ](https://todaymarkets.ae/cattle-ease-lower/): Live cattle futures saw weakness into the Tuesday close, down 50 cents to $1.25. Cash trade has yet to be reported this week, with last week at $225-227 across the country, with a few at $228 in the South. Some late Northern sales were $218-222. Feeder cattle futures were mixed on Tuesday, with contracts mostly … - [Wheat Mixed, with Spring Wheat Leading Higher](https://todaymarkets.ae/wheat-mixed-with-spring-wheat-leading-higher/): The wheat complex closed Tuesday with mixed action across the three exchanges. Chicago SRW futures saw slight gains, fractionally to 2 ¼ cents higher. KC HRW futures were down 1 to 3 cents at the close. MPLS spring wheat futures were up 6 to 9 cents in the nearby contracts to lead the bulls.  USDA … - [Sugar Prices Weighed Down by the Prospects of Ample Global Supplies](https://todaymarkets.ae/sugar-prices-weighed-down-by-the-prospects-of-ample-global-supplies/): March NY world sugar #11 (SBH26) on Tuesday closed down -0.10 (-0.68%), and March London ICE white sugar #5 (SWH26) closed up +2.10 (+0.50%). Sugar prices settled mixed on Tuesday.  Prices have a negative carryover from Monday when the International Sugar Organization (ISO) forecast a 1.625 million MT sugar surplus in 2025-26, following a 2.916 … - [Coffee Prices Sharply Higher as US Tariffs Curb Brazil Coffee Exports](https://todaymarkets.ae/coffee-prices-sharply-higher-as-us-tariffs-curb-brazil-coffee-exports/): December arabica coffee (KCZ25) on Tuesday closed up +12.80 (+3.18%), and January ICE robusta coffee (RMF26) closed up +90 (+2.01%). Coffee prices settled sharply higher on Tuesday, as Brazilian coffee remains subject to substantial US tariffs.  The Trump administration announced last Friday that it dropped tariffs on commodities not grown in the US, including coffee, … - [Cocoa Prices Pressured by an Improving Supply Outlook](https://todaymarkets.ae/cocoa-prices-pressured-by-an-improving-supply-outlook/): December ICE NY cocoa (CCZ25) on Tuesday closed down -2 (-0.04%), and December ICE London cocoa #7 (CAZ25) closed up +40 (+1.00%). Cocoa prices on Tuesday tumbled to 1.75-year nearest-futures lows amid expectations of a bumper cocoa crop in West Africa.  Reports from Ivory Coast cocoa farmers stated that cocoa trees are doing well, and … - [EUR/USD stays silent below 1.1600 as Fed rate cut bets recede](https://todaymarkets.ae/eur-usd-stays-silent-below-1-1600-as-fed-rate-cut-bets-recede/): EUR/USD moves little after three days of losses, trading around 1.1580 during the Asian hours on Wednesday. The pair may further lose ground as the US Dollar (USD) gains amid declining US Federal Reserve (Fed) rate cut bets for December. The highly anticipated September Nonfarm Payrolls data are scheduled to be released on Thursday. The CME FedWatch … - [GBP/USD loses ground below 1.3150 ahead of UK CPI data](https://todaymarkets.ae/gbp-usd-loses-ground-below-1-3150-ahead-of-uk-cpi-data/): GBP/USD remains subdued for the fourth consecutive session, trading around 1.3130 during the Asian hours on Wednesday. Traders await the United Kingdom (UK) Consumer Price Index (CPI), PPI Core Output, and Retail Price Index data for October due later in the day. Any moderation in UK price pressures, combined with a softening labor market and … - [NZD/USD tumbles below 0.5650 on RBNZ rate cut bets](https://todaymarkets.ae/nzd-usd-tumbles-below-0-5650-on-rbnz-rate-cut-bets/): The NZD/USD pair remains on the defensive near 0.5630 during the early European session on Wednesday. Expectations of an imminent interest rate cut from the Reserve Bank of New Zealand (RBNZ) exert some selling pressure on the New Zealand Dollar (NZD) against the Greenback. The FOMC Minutes will be in the spotlight later on Wednesday.  New Zealand’s Unemployment … - [Gold moves closer to $4,100 amid flight to safety, focus remains on FOMC minutes](https://todaymarkets.ae/gold-moves-closer-to-4100-amid-flight-to-safety-focus-remains-on-fomc-minutes/): Gold (XAU/USD) is seen building on the previous day’s recovery from levels just below the $4,000 psychological mark, or a one-and-a-half-week low, and gaining positive traction for the second straight day on Wednesday. The global risk sentiment remains fragile amid concerns about the US economy, which keeps the US Dollar (USD) depressed below a one-week high … - [USD/CHF stands firm near 0.8000; await break through 50-day SMA ahead of FOMC minutes](https://todaymarkets.ae/usd-chf-stands-firm-near-0-8000-await-break-through-50-day-sma-ahead-of-fomc-minutes/): The USD/CHF pair prolongs its recent recovery from the 0.7880-0.7875 region, or a nearly one-month low touched last week, for the fourth straight day and climbs to an over one-week high during the Asian session on Wednesday. Spot prices currently trade around the 0.8000 psychological mark, with bulls looking to build on the momentum further … - [Japanese Yen sticks to modest gains amid safe-haven flow; lacks follow-through](https://todaymarkets.ae/japanese-yen-sticks-to-modest-gains-amid-safe-haven-flow-lacks-follow-through/): The Japanese Yen (JPY) sticks to modest intraday recovery gains against a softer US Dollar (USD), though it lacks follow-through and remains close to a nine-month low touched the previous day. Concerns about the US economy keep the USD bulls on the defensive and weigh on investors’ sentiment, which, in turn, is seen as a … - [Hong Kong Stock Market Stabilizes](https://todaymarkets.ae/hong-kong-stock-market-stabilizes/): Hong Kong shares were little changed, hovering around 25,940 in early Wednesday trade, following three straight sessions of losses. Gains in tech and consumer stocks helped offset weakness in financials and property, though markets hovered near a two-week low ahead of October inflation data in the city, which has remained steady since July. Meanwhile, the … - [China Stocks Halt 3-Day Slide](https://todaymarkets.ae/china-stocks-halt-3-day-slide/): The Shanghai Composite rose 0.2% to around 3,950, while the Shenzhen Component gained 0.4% to 13,130 on Wednesday, ending a three-day slide as sentiment stabilized and investors looked for fresh market catalysts. Tech and new energy stocks rebounded, with notable gains from Zhongji Innolight (3.6%), Beijing Teamsun (1.5%), Tianqi Lithium (5.2%), Do-Fluoride New Materials (1.4%) … - [Japan 10-Year Yield Hits Fresh 17-Year High](https://todaymarkets.ae/japan-10-year-yield-hits-fresh-17-year-high-2/): Japan’s 10-year government bond yield climbed above 1.77% on Wednesday, marking a fresh 17-year high ahead of a crucial debt auction that could indicate investor demand amid rising fiscal concerns. The Ministry of Finance plans to auction around 800 billion yen in 20-year JGBs. On Tuesday, the government proposed a supplementary budget exceeding 25 trillion … - [Silver Rises on Safe-Haven Demand](https://todaymarkets.ae/silver-rises-on-safe-haven-demand/): Silver rose toward $51 per ounce on Wednesday, moving away from one-week lows as a selloff in risk assets, including tech stocks and cryptocurrencies, lifted safe-haven demand for precious metals. Signs of a weakening US labor market also supported expectations for further Federal Reserve rate cuts, with Fed Governor Christopher Waller noting increased discussions of … - [AUS 10-Year Yield Edges Lower](https://todaymarkets.ae/aus-10-year-yield-edges-lower/): Australia’s 10-year government bond yield slipped to 4.42%, extending its decline from the previous session even after the Reserve Bank signalled a cautious policy outlook. Minutes from the RBA’s latest meeting showed that policymakers would only consider cutting interest rates if the labour market materially weakens. While the board noted that current monetary settings remain … - [Palm Oil Sustains Upside Momentum](https://todaymarkets.ae/palm-oil-sustains-upside-momentum/): Malaysian palm oil futures traded above MYR 4,200 per tonne on Wednesday, rising for a fifth straight session amid stronger rival oils on the Dalian and Chicago exchanges. Prices continued to rebound from last week’s four-month low, lifted by data from Statistics Malaysia showing palm oil exports jumped 23.8% yoy in October. Expectations for firmer … - [New Zealand Shares Slip to Near 4-Week Low](https://todaymarkets.ae/new-zealand-shares-slip-to-near-4-week-low/): New Zealand’s benchmark S&P/NZX 50 index edged 0.1% lower to close at 13,327 on Wednesday, extending losses from the previous session to reach its lowest level in nearly four weeks. The local market mirrored cautious sentiment seen across most Asian equities, as concerns over tech valuations persisted ahead of an earnings update from AI bellwether … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-10/): The USD/JPY is currently trading around 155.40. Today’s movements remain clearly influenced by fundamental factors, with the balance of power between Japan and the United States still favoring the dollar. Despite the deterioration in global sentiment, markets are not turning to the yen, highlighting its structural weakness caused by the BOJ’s policy and the wide interest … - [Nvidia Results Preview: what to expect and can they save the AI trade?](https://todaymarkets.ae/nvidia-results-preview-what-to-expect-and-can-they-save-the-ai-trade/): This Wednesday, Nvidia will report results for last quarter. Analysts are expecting an extraordinary set of results. Revenues for last quarter are expected to surge to $55.19bn, 57% higher than a year ago. Net income is expected to come in at $30.85bn, a 55% increase compared to a year ago. Analysts have upgraded their forecasts … - [Imperial Brands (IMB.UK) reported solid results](https://todaymarkets.ae/imperial-brands-imb-uk-reported-solid-results/): Imperial Brands (IMB.UK) reported solid results for the financial year, achieving adjusted operating profit of £3.99 billion, up 2% year-on-year and slightly exceeding the analyst consensus of £3.98 billion. The company forecasts further growth in adjusted operating profit of 3% to 5% for 2026. The tobacco and NGP (Next Generation Products) segment reported a 2.2% increase … - [Market Sentiment Declines, Will The Sell-off Continue](https://todaymarkets.ae/market-sentiment-declines-will-the-sell-off-continue/): Stocks are a sea of red on Tuesday morning, as the sell off deepens. European indices are experiencing hefty losses so far, the Eurostoxx index is lower by more than 1% and the FTSE 100 by more than 0.8%, as cyclical sectors like consumer discretionary, industrials and financials also take a hit. Safe havens falter … - [Let The AI Battle Commence - Huawei v Nvidia](https://todaymarkets.ae/12042-2/): Huawei has announced groundbreaking AI software that could double the efficiency of its Ascend chips. This is a significant step in the context of export restrictions to China and geopolitical tensions, as it allows the Chinese manufacturer to maximize the use of its available hardware resources. The “software-first” strategy enables Huawei to scale existing chips … - [Economic Calendar - U.S. Economy in Focus](https://todaymarkets.ae/economic-calendar-u-s-economy-in-focus/): Tuesday brings a moderate number of macroeconomic releases, including a few delayed data from the US, postponed due to the prolonged government shutdown. Although these relate to previous months, their readings still provide valuable insights into the health of the US economy and may influence market sentiment. Markets will closely monitor both the latest signals … - [WTI retreats to near $59.50 on oversupply forecasts, sanctions could limit downside](https://todaymarkets.ae/wti-retreats-to-near-59-50-on-oversupply-forecasts-sanctions-could-limit-downside/): West Texas Intermediate (WTI) Oil price stalls its three-day rally, slipping to around $59.60 per barrel during Asian hours on Tuesday. Prices softened amid renewed concerns about oversupply after an ING report projected a significant market surplus through 2026. Goldman Sachs also echoed this view on Monday, noting that a production surge could maintain a … - [XAG/USD falls to near $49.50 as Fed rate cut likelihood fades](https://todaymarkets.ae/xag-usd-falls-to-near-49-50-as-fed-rate-cut-likelihood-fades/): Silver price (XAG/USD) continues its losing streak for the fourth successive session, trading around $49.50 per troy ounce during the Asian hours on Tuesday. The non-interest-bearing Silver struggles amid declining US Federal Reserve (Fed) rate cut bets for December. Traders will closely monitor Thursday’s September jobs report for signals on US economic health, while Wednesday’s release of the … - [GBP/USD remains subdued around 1.3150 as UK Chancellor Reeves abandons tax rises](https://todaymarkets.ae/gbp-usd-remains-subdued-around-1-3150-as-uk-chancellor-reeves-abandons-tax-rises/): GBP/USD remains subdued for the third successive session, trading around 1.3150 during the Asian hours on Tuesday. The pair struggles as the Pound Sterling (GBP) comes under strain after the United Kingdom (UK) Chancellor of the Exchequer Rachel Reeves abandoned planned income-tax rises. The decision has raised questions about the UK’s fiscal outlook, despite the Office … - [USD/INR opens flat despite improving US-India trade deal hopes](https://todaymarkets.ae/usd-inr-opens-flat-despite-improving-us-india-trade-deal-hopes/): The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Tuesday. The USD/INR pair continues to trade in a tight range around 88.85, with investors remaining on the sidelines as the United States (US) and India have still not reached a trade deal, despite having negotiations from a long period. The US … - [Japanese Yen recovers from nine-month low against USD amid intervention fears](https://todaymarkets.ae/japanese-yen-recovers-from-nine-month-low-against-usd-amid-intervention-fears/): The Japanese Yen (JPY) stages an intraday recovery from the lowest level since early February, touched against its American counterpart during the Asian session on Tuesday, though it lacks follow-through buying or bullish conviction. The recent fall in the JPY prompted some verbal intervention from Japan’s Finance Minister Satsuki Katayama. This, along with the prevalent … - [Gold remains depressed near one-week low; bears await break below $4,000](https://todaymarkets.ae/gold-remains-depressed-near-one-week-low-bears-await-break-below-4000/): Gold (XAU/USD) prolongs its downtrend for the fourth straight day and drops to an over one-week low on Tuesday, though it manages to defend the $4,000 psychological mark through the Asian session. Traders have been scaling back their bets for another interest rate cut by the US Federal Reserve (Fed) in December, which, in turn, is seen … - [EUR/USD Holds retracement near 1.1600 from immediate highs](https://todaymarkets.ae/eur-usd-holds-retracement-near-1-1600-from-immediate-highs/): The EUR/USD pair trades calmly near 1.1600 during the late Asian trading session on Tuesday, following the corrective move from an over two-week high of 1.1656. The major currency pair strives to regain strength as the US Dollar (USD) struggles to extend two-day recovery move, with investors turning cautious ahead of the United States (US) Nonfarm … - [USD/CHF falls to near 0.7950 due to US-Swiss tariff deal, SNB steady](https://todaymarkets.ae/usd-chf-falls-to-near-0-7950-due-to-us-swiss-tariff-deal-snb-steady/): USD/CHF retraces its recent gains registered in the previous session, trading around 0.7950 during the Asian hours on Tuesday. The Swiss Franc (CHF) gains against the US Dollar (USD) after Switzerland secured a deal to lower US tariffs to 15%, a significant drop from the 39% rate applied during the Trump administration. The development offers … - [EUR/GBP trades flat near 0.8800 amid BoE rate cut speculation](https://todaymarkets.ae/eur-gbp-trades-flat-near-0-8800-amid-boe-rate-cut-speculation/): The EUR/GBP cross flat lines near 0.8810 during the early European session on Tuesday. Nonetheless, recent weak UK Gross Domestic Product (GDP) data has pressured the Bank of England (BoE) to potentially cut rates, which might drag the Pound Sterling (GBP) lower against the Euro (EUR). The UK Consumer Price Index (CPI) and Producer Price Index (PPI) reports will be the … - [Australian Dollar pares losses as US Dollar declines on market caution](https://todaymarkets.ae/australian-dollar-pares-losses-as-us-dollar-declines-on-market-caution/): The Australian Dollar (AUD) recovers its intraday losses but remains in the negative territory against the US Dollar (USD) on Tuesday after registering losses in the previous session. The AUD/USD pair remained subdued after the Reserve Bank of Australia (RBA) published the Minutes of its November monetary policy meeting. The RBA Meeting Minutes showed that board members … - [Coffee Prices See Support as Substantial Tariffs Remain on Brazilian Coffee](https://todaymarkets.ae/coffee-prices-see-support-as-substantial-tariffs-remain-on-brazilian-coffee/): December arabica coffee (KCZ25) on Monday closed up +2.75 (+0.69%), and January ICE robusta coffee (RMF26) closed up +260 (+6.16%). Coffee prices saw support on Monday after Brazilian coffee is apparently still subject to substantial US tariffs.  The Trump administration announced last Friday that it dropped tariffs on commodities not grown in the US, including … - [Cocoa Prices Undercut by US Tariff Cut](https://todaymarkets.ae/cocoa-prices-undercut-by-us-tariff-cut/): December ICE NY cocoa (CCZ25) on Monday closed down -23 (-0.44%), and December ICE London cocoa #7 (CAZ25) closed down -60 (-1.47%). Cocoa prices fell after the Trump administration announced last Friday that it dropped the 10% reciprocal tariffs on commodities not grown in the US, including cocoa.  However, US imports of cocoa from Brazil … - [Sugar Prices Fall on ISO's Forecast for a Sugar Surplus](https://todaymarkets.ae/sugar-prices-fall-on-isos-forecast-for-a-sugar-surplus/): March NY world sugar #11 (SBH26) on Monday closed down -0.16 (-1.07%), and March London ICE white sugar #5 (SWH26) closed down -7.70 (-1.81%). Sugar prices fell after the International Sugar Organization (ISO) on Monday forecast a 1.625 million MT surplus in 2025-26, following a 2.916 million MT deficit in 2024-25.  ISO said the surplus … - [Palm Oil Extends Strength](https://todaymarkets.ae/palm-oil-extends-strength/): Malaysian palm oil futures held above MYR 4,150 per tonne on Tuesday, sustaining gains from the prior session and rebounding from a four-month low hit last week. A weaker ringgit supported sentiment, while firmer Dalian oils provided further lift after Reuters said that China’s state-owned trader COFCO purchased at least 14 cargoes of U.S. soybeans … - [Sensex Ends Six-Day Winning Streak](https://todaymarkets.ae/sensex-ends-six-day-winning-streak/): Equities in India fell 318 points, or 0.4%, to 84,633 in morning trade on Tuesday, halting gains from the previous six sessions, as traders remained cautious ahead of the release of key US economic data that could influence the Federal Reserve’s monetary policy decision next month. The BSE Sensex followed Wall Street’s decline overnight ahead … - [Treasury Yields Decline](https://todaymarkets.ae/treasury-yields-decline/): The yield on the US 10-year Treasury note fell to 4.12% on Tuesday, as traders awaited delayed economic data releases, including the closely watched jobs report due later this week. These updates are expected to provide a clearer picture of the US economy and the likely path of Federal Reserve interest rates. In recent weeks, … - [India’s Shipments to US Slide 8.6% in October](https://todaymarkets.ae/indias-shipments-to-us-slide-8-6-in-october/): India’s goods exports to the US dropped 8.6% year-on-year to USD 6.3 billion in October 2025, following a 12% fall in the previous month, owing to US President Donald Trump’s steep 50% tariffs that took effect in August, the Indian Express reported, citing official data released on Monday. The 50% tariff package comprises a 25% … - [Japan 10Y Yield Approaches 2007 Highs](https://todaymarkets.ae/japan-10y-yield-approaches-2007-highs/): Japan’s 10-year government bond yield climbed above 1.75%, nearing levels last seen in 2007, as investors weighed the impact of potential large-scale fiscal stimulus under Prime Minister Sanae Takaichi. Her first stimulus package could reach 17 trillion yen or more, exceeding last year’s 13.9 trillion yen, raising concerns about Japan’s already high public debt. Additionally, … - [Bitcoin Slides Further](https://todaymarkets.ae/bitcoin-slides-further/): Bitcoin fell nearly 2% to around $90K, deepening a month-long selloff that has erased all its year-to-date gains and pushed it to its lowest level in six months. The total crypto market capitalization has fallen at least 30% since hitting a record on October 6, extending losses from an early-October selloff that triggered over $19 … - [China Stocks on 3-Session Decline](https://todaymarkets.ae/china-stocks-on-3-session-decline/): The Shanghai Composite fell 0.3% to 3,958, while the Shenzhen Component dropped 0.5% to around 13,140 on Monday, marking a third consecutive session of losses as investor sentiment remained sour amid ongoing geopolitical tensions between China and Japan. In its latest development, Tokyo has sought to de-escalate a growing dispute with Beijing over Taiwan, which … - [AUS 10-Year Yield Hovers at Six-Month High](https://todaymarkets.ae/aus-10-year-yield-hovers-at-six-month-high/): Australia’s 10-year government bond yield hovered around 4.46%, holding a six-month high, after RBA minutes signalled a cautious policy outlook. Policymakers said rate cuts would be considered only if the labour market materially weakens and noted that while current settings remain “a little restrictive,” this may no longer be the case, limiting the scope for … - [S&P Projects India’s Growth at 6.5% in FY25–26](https://todaymarkets.ae/sp-projects-indias-growth-at-6-5-in-fy25-26/): S&P Global Ratings projects India’s economy to remain steady at 6.5% growth in FY25–26, the fastest in the Asia-Pacific region, driven largely by robust domestic demand and continued government investment. “We expect domestic demand to remain strong, supported by a largely benign monsoon season, cuts in income and goods and services taxes (GST), and accelerating … - [US 10-Year Yield Holds Advance Amid Fed Remarks](https://todaymarkets.ae/us-10-year-yield-holds-advance-amid-fed-remarks/): The US 10-year Treasury yield steadied near 4.14% on Tuesday after rising for four straight sessions, as traders dissected Federal Reserve comments for policy signals. Several officials called for caution on additional rate cuts, citing signs of stabilizing inflation, while new Governor Stephen Miran warned the Fed was misjudging policy tightness and endangering the labor … - [Australia Manufacturing PMI Sees Slower Expansion](https://todaymarkets.ae/australia-manufacturing-pmi-sees-slower-expansion/): The S&P Global Australia Manufacturing PMI fell to 51.6 in September 2025 from 53 in August, marking the eighth consecutive month of expansion. New orders contracted at the fastest pace in eight months, while export demand weakened following a brief uptick in August, with manufacturers citing US tariffs as a key headwind. Business confidence dropped … - [China’s Central Bank Signals Data-Focused Policy to Spur Recovery](https://todaymarkets.ae/chinas-central-bank-signals-data-focused-policy-to-spur-recovery/): China’s central bank chief pledged on Monday to use a range of monetary policy tools to ensure ample liquidity, reduce funding costs, and support the country’s economic recovery. Pan Gongsheng, governor of the People’s Bank of China, said at a news briefing on Monday that the country’s monetary policy is primarily driven by domestic data … - [US Dollar Index holds steady above 97.00 ahead of Fed’s Powell speech](https://todaymarkets.ae/us-dollar-index-holds-steady-above-97-00-ahead-of-feds-powell-speech/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note near 97.30 during the Asian trading hours on Tuesday. The DXY trades on a flat note as traders await remarks by the Federal Reserve policymakers for more clues on the path … - [When is the UK Services PMI and how could it affect GBP/USD?](https://todaymarkets.ae/when-is-the-uk-services-pmi-and-how-could-it-affect-gbp-usd/): The UK services PMI overview The UK economy will release its September Services PMI later in the European session at 0830GMT, which is expected to come in at 53.5, down from 54.2 recorded in the previous month. How could it affect GBP/USD? Ahead of the key data, the GBP/USD pair holds above the 1.3500 psychological mark, though … - [EUR/GBP gathers strength above 0.8700 ahead of Eurozone/UK PMI releases](https://todaymarkets.ae/eur-gbp-gathers-strength-above-0-8700-ahead-of-eurozone-uk-pmi-releases/): The EUR/GBP cross extends the rally to around 0.8735 during the early European session on Tuesday. The Pound Sterling (GBP) softens against the Euro (EUR) amid rising UK fiscal worries, following a significant increase in Britain’s public borrowings. Traders will keep an eye on the preliminary reading of Purchasing Managers’ Index (PMI) reports for September … - [WTI extends the decline below $63.50 on lingering oversupply concerns](https://todaymarkets.ae/wti-extends-the-decline-below-63-50-on-lingering-oversupply-concerns/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.20 during the early Asian trading hours on Tuesday. The WTI extends the decline amid lingering oversupply concerns. Oil traders await the release of the American Petroleum Institute (API) weekly crude oil stock report later on Tuesday.  Reuters reported on Monday that Iraq, the Organization of … - [USD/CAD holds gains near 1.3850 amid lower Oil prices](https://todaymarkets.ae/usd-cad-holds-gains-near-1-3850-amid-lower-oil-prices/): USD/CAD extends its gains for the second successive session, trading around 1.3830 during the Asian hours on Tuesday. The pair draws support as the commodity-linked Canadian Dollar (CAD) weakens on declining Oil prices, given that Canada is the largest Oil exporter to the United States (US). West Texas Intermediate (WTI) Oil price extends its losses for … - [USD/CHF trades subduedly around 0.7920 ahead of Fed Powell’s speech](https://todaymarkets.ae/usd-chf-trades-subduedly-around-0-7920-ahead-of-fed-powells-speech/): The USD/CHF pair demonstrates a subdued performance around 0.7920 during the late Asian trading session on Tuesday. The Swiss Franc pair is expected to stay on the sidelines, with investors awaiting the speech from Federal Reserve (Fed) Chair Jerome Powell scheduled at 16:35 GMT. Investors will pay close attention to Fed Powell’s speech to get cues … - [EUR/JPY - First upside barrier emerges above 174.50](https://todaymarkets.ae/eur-jpy-first-upside-barrier-emerges-above-174-50/): The EUR/JPY cross holds steady near 174.40 during the early European session on Tuesday. Political uncertainty in Japan ahead of the Liberal Democratic Party leadership election scheduled for October 4 could weigh on the Japanese Yen (JPY) against the Euro (EUR). The preliminary reading of HCOB Purchasing Managers’ Index (PMI) reports for September from the Eurozone and Germany … - [Australian Dollar declines as US Dollar holds ground on cautious Fedspeak](https://todaymarkets.ae/australian-dollar-declines-as-us-dollar-holds-ground-on-cautious-fedspeak/): The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Tuesday, following the release of the preliminary Australia’s S&P Global Purchasing Managers’ Index (PMI) data. The AUD/USD pair depreciates as the Greenback edges higher, possibly due to cautious statements from the US Federal Reserve (Fed). Australia’s S&P Global Composite PMI fell to 52.1 in September, … - [AUD/JPY falls below 97.50 as Australia’s PMI data point to slower growth](https://todaymarkets.ae/aud-jpy-falls-below-97-50-as-australias-pmi-data-point-to-slower-growth/): AUD/JPY continues to lose ground for the third successive session, trading around 97.30 during the Asian hours on Tuesday. The currency cross depreciates as the Australian Dollar (AUD) loses ground following the release of the preliminary Australia’s S&P Global Purchasing Managers’ Index (PMI) data. Australia’s S&P Global Composite PMI fell to 52.1 in September, from … - [GBP/JPY trades sideways around mid-199.00s; looks to UK PMIs for fresh impetus](https://todaymarkets.ae/gbp-jpy-trades-sideways-around-mid-199-00s-looks-to-uk-pmis-for-fresh-impetus/): The GBP/JPY cross struggles to capitalize on the previous day’s bounce from the 199.00 neighborhood, or a nearly two-week low, and oscillates in a narrow band during the Asian session on Tuesday. Spot prices currently trade just above mid-199.00s as traders look forward to the release of the flash UK PMIs for some impetus. In … - [JPY bulls seem reluctant as political uncertainty offsets BoJ-Fed divergence](https://todaymarkets.ae/jpy-bulls-seem-reluctant-as-political-uncertainty-offsets-boj-fed-divergence/): The Japanese Yen (JPY) extends its sideways consolidative price move against a mildly positive US Dollar (USD) through the Asian session on Tuesday amid mixed cues. Investors remain worried that the Bank of Japan (BoJ) could further delay raising borrowing costs amid domestic political uncertainty and economic headwinds stemming from US tariffs . This, along with a … - [Gold consolidates near record high; bulls turn caution ahead of Fed's Powell](https://todaymarkets.ae/gold-consolidates-near-record-high-bulls-turn-caution-ahead-of-feds-powell/): Gold (XAU/USD) enters a bullish consolidation phase after touching a fresh record high during the Asian session on Tuesday, as traders turn cautious amid extremely overbought conditions. Moreover, a generally positive tone around the equity markets turns out to be another factor acting as a headwind for the safe-haven commodity. Any meaningful corrective slide, however, … - [USD/INR refreshes all-time high after India's soft PMI data](https://todaymarkets.ae/usd-inr-refreshes-all-time-high-after-indias-soft-pmi-data/): The Indian Rupee (INR) posts a fresh all-time low around 88.85 against the US Dollar on Tuesday after the release of the preliminary India’s HSBC Purchasing Managers’ Index (PMI) data for September. The report showed that the Composite PMI fell to 61.9 from 63.2 in August amid a slowdown in growth in activities in both … - [Offshore Yuan Holds Firm Near 10-Month Peak](https://todaymarkets.ae/offshore-yuan-holds-firm-near-10-month-peak/): The offshore yuan remained steady around 7.11 per dollar on Tuesday, holding firm near its highest level since early November last year, supported by a pressured US dollar, while investors weighed the PBOC’s approach to monetary policy. Analysts expect the dollar to face further downside after the Fed kicked off a fresh rate-cutting cycle last … - [China Stocks Fall on Profit-Taking](https://todaymarkets.ae/china-stocks-fall-on-profit-taking/): The Shanghai Composite slipped 1.1% to below 3,800 while the Shenzhen Component dropped 0.5% to 13,090 on Tuesday, giving back prior-session gains as investors took profits in technology and new energy shares. Mainland markets have grown prone to profit-taking after the Shanghai index hit ten-year highs earlier this month. Traders also kept an eye on … - [South Korean Won Weakens on Fed Tone](https://todaymarkets.ae/south-korean-won-weakens-on-fed-tone/): The South Korean won fell to around 1,394 per dollar on Tuesday, reversing gains in the previous session as markets reassessed US monetary policy signals. Policymakers at the recent Fed speeches emphasized that further rate cuts will be gradual and dependent on incoming data, dampening hopes for aggressive easing and leaving the won on the … - [Palm Oil Slumps to 6-Week Low](https://todaymarkets.ae/palm-oil-slumps-to-6-week-low/): Malaysian palm oil futures tumbled about 3.5% to below MYR 4,230 per tonne, reversing modest gains from the prior session and hitting a six-week low. The drop followed the Malaysian Palm Oil Council’s forecast of MYR 4,200–4,500 in the coming weeks, reflecting tight vegetable oil supply amid soft demand from key markets. Declines in rival … - [Dutch Q2 GDP Growth Revised Up to 0.2%](https://todaymarkets.ae/dutch-q2-gdp-growth-revised-up-to-0-2/): The Netherlands’ GDP grew by 0.2% quarter-on-quarter in Q2 2025, slowing from 0.3% in Q1 and marking the softest growth since Q1 2024, though revised up from initial estimates of 0.1%. The modest increase was driven by a rebound in fixed investments (1.8% vs -2.1% in Q1), supported by a sharp rise in government investments, … - [Cattle Rally, with Expanded Limits Set for Tuesday](https://todaymarkets.ae/cattle-rally-with-expanded-limits-set-for-tuesday/): Live cattle futures posted Monday gains of $2.72 to $4.90. Due to limit gains in some feeder cattle contracts, live cattle limits are expanded to $10.75 on Tuesday. Cash trade has yet to get kicked off on Monday, with last week at $239-240 in the South, with Northern sales of $237-238. Feeder cattle futures closed … - [Coffee Prices Settle Higher as Robusta Surges](https://todaymarkets.ae/coffee-prices-settle-higher-as-robusta-surges/): December arabica coffee (KCZ25) on Monday closed up +0.85 (+0.23%), and November ICE robusta coffee (RMX25) closed up +145 (+3.51%). Coffee prices on Monday settled higher.  Robusta coffee rallied sharply on Monday and pulled arabica coffee higher on concern that forecasted heavy rain over the rest of the month for Vietnam’s Central Highlands, the country’s … - [Cocoa Prices Fall Sharply on Beneficial Rains in the Ivory Coast](https://todaymarkets.ae/cocoa-prices-fall-sharply-on-beneficial-rains-in-the-ivory-coast/): December ICE NY cocoa (CCZ25) on Monday closed down -284 (-3.92%), and December ICE London cocoa #7 (CAZ25) closed down -149 (-2.95%). Cocoa prices retreated on Monday, with NY cocoa dropping to a 10.5-month low and London cocoa sliding to a 2.25-month low.   Beneficial rains in the Ivory Coast are supporting the development of … - [Sugar Prices Retreat on the Outlook for Ample Global Supplies](https://todaymarkets.ae/sugar-prices-retreat-on-the-outlook-for-ample-global-supplies/): October NY world sugar #11 (SBV25) on Monday closed down -0.21 (-1.36%), and December London ICE white sugar #5 (SWZ25) closed down -4.70 (-1.03%). Sugar prices sold off on Monday, with London sugar posting a new 4-year low.   Sugar prices have been sliding over the past six months, with NY sugar slumping to a … - [Cotton Closed with Weakness](https://todaymarkets.ae/cotton-closed-with-weakness/): Cotton futures posted Monday losses of 7 to 10 points in the nearbys at the close, with October down 62 cents. The US dollar index was back down $0.320 on the day to $96.950 and crude oil futures 3 cents lower. Crop Progress data showed a total of 60% of the US cotton crop with … - [Corn Holds Losses, Closing Off the Lows](https://todaymarkets.ae/corn-holds-losses-closing-off-the-lows/): Corn futures popped off the midday losses on Monday though contracts still closed 1 to 2 ½ cents lower across the nearbys.  The CmdtyView national average Cash Corn price was down 1 ¼ cents at $3.75 1/4. USDA reported a private export sale of 320,068 MT of corn to Mexico this morning all for 2025/26. After … - [Wheat Closes Lower](https://todaymarkets.ae/wheat-closes-lower/): The wheat complex continued to slide lower on Monday, with the three exchanges posted losses. CBT soft red wheat futures were 10 to 12 cents in the red on Monday. KC HRW futures posted 4 to 6 cent losses at the close. MPLS spring wheat futures were down 2 to 4 cents on the day.  … - [Soybeans Post Losses as NASS Reported Another Drop in Conditions](https://todaymarkets.ae/soybeans-post-losses-as-nass-reported-another-drop-in-conditions/): Soybeans closed out the Monday session holding onto the losses, as contracts were down 13 to 14 ½ cents. The cmdtyView national average Cash Bean price was down 14 1/2 cents at $9.35 3/4. Soymeal futures were down 70 cents to $4 across the board on Monday, with Soy Oil futures down 45 to 93 at the close. Crop Progress data … - [Copper Steadies Amid Supply Concerns](https://todaymarkets.ae/copper-steadies-amid-supply-concerns/): Copper futures held near $4.56 per pound on Monday after slipping slightly last week, supported by expectations of tighter supply. Chile’s state-owned miner Codelco said its largest operation, El Teniente, may take longer than expected to return to full capacity following a deadly tunnel collapse in July. The company had already projected a 33,000-ton shortfall … - [Iron Ore Holds Steady on Rising Steel Output](https://todaymarkets.ae/iron-ore-holds-steady-on-rising-steel-output/): Iron ore futures hovered around CNY 807 per ton on Monday, staying near two-month highs as Chinese steel production picked up ahead of the National Day holidays. Industry data showed blast furnace operating rates rose 0.2 percentage points to 90.4% last week, driven by resumed activity in Northern China. Hot metal output, a key gauge … - [Gold eyes record high amid Fed's dovish stance and geopolitical risks](https://todaymarkets.ae/gold-eyes-record-high-amid-feds-dovish-stance-and-geopolitical-risks/): Gold (XAU/USD) attracts some follow-through buying for the second straight day on Monday and climbs closer to the $3,700 mark during the Asian session. The US Federal Reserve’s (Fed) dovish signal, indicating that two more rate cuts would follow through the end of this year, turns out to be a key factor acting as a … - [NZD/USD remains subdued near 0.5850 following PBOC rate decision](https://todaymarkets.ae/nzd-usd-remains-subdued-near-0-5850-following-pboc-rate-decision/): NZD/USD continues its losing streak for the fourth successive session, trading around 0.5860 during the Asian hours on Monday. The pair remains subdued after the People’s Bank of China (PBOC) decided to leave its one- and five-year Loan Prime Rates (LPRs) unchanged at 3.00% and 3.50%, respectively. It is worth noting that any change in the Chinese … - [GBP/USD Tests confluence zone around 1.3450 support](https://todaymarkets.ae/gbp-usd-tests-confluence-zone-around-1-3450-support/): The GBP/USD pair continues its four-day losing streak, trading around 1.3460 during the Asian hours on Monday. The bearish shift appears as the daily chart’s technical analysis shows that the pair is on the verge of breaking below the ascending channel pattern. However, the 14-day Relative Strength Index (RSI) remains below the 50 level, strengthening the bearish bias. Additionally, … - [USD/INR gains at open as US immigration crackdown dampens Indian Rupee](https://todaymarkets.ae/usd-inr-gains-at-open-as-us-immigration-crackdown-dampens-indian-rupee/): The Indian Rupee (INR) opens lower against the US Dollar (USD) at the start of the week. The USD/INR pair rises to near 88.40 as the announcement of the one-time hefty $1,00,000 fee on new applicants for H-1B visas by the United States (US) has raised concerns over the outlook of Indian tech companies, which are heavily … - [Australian Dollar struggles as US Dollar remains stronger on cautious Fed](https://todaymarkets.ae/australian-dollar-struggles-as-us-dollar-remains-stronger-on-cautious-fed/): The Australian Dollar (AUD) declines against the US Dollar (USD) on Monday, extending its losses for the fourth successive session. The AUD/USD pair continues its losing streak as the Greenback remains stronger after the Federal Reserve (Fed) indicated no rush to lower borrowing costs quickly in the coming months after delivering an expected rate cut last week. … - [EUR/USD weakens below 1.1750 as Eurozone Consumer Confidence and Fedspeak loom](https://todaymarkets.ae/eur-usd-weakens-below-1-1750-as-eurozone-consumer-confidence-and-fedspeak-loom/): The EUR/USD pair trades in negative territory for the fourth consecutive day around 1.1730 during the early European session on Monday. The major pair edges lower amid the rebound in the US Dollar (USD) after the Federal Reserve (Fed) resumed its easing cycle last week. The Eurozone Consumer Confidence report and Fedspeak will be the highlights later on … - [Japanese Yen languishes near two-week low against stronger USD](https://todaymarkets.ae/japanese-yen-languishes-near-two-week-low-against-stronger-usd/): The Japanese Yen (JPY) slides to a two-week low against a broadly firmer US Dollar (USD) during the Asian session on Monday amid the Bank of Japan (BoJ) uncertainty. In fact, investors remain worried that domestic political uncertainty and economic headwinds stemming from US tariffs could give the BoJ more reasons to delay raising interest rates. … - [GBP/JPY sticks to intraday recovery gains above mid-199.00s amid notable JPY weakness](https://todaymarkets.ae/gbp-jpy-sticks-to-intraday-recovery-gains-above-mid-199-00s-amid-notable-jpy-weakness/): The GBP/JPY cross attracts some buyers near the 199.20 area, or a two-week low touched during the Asian session on Monday, and for now, seems to have stalled last week’s retracement slide from the highest level since July 2024. Spot prices currently trade around the 199.60-199.65 region, up 0.15% for the day amid a broadly … - [USD/CHF refreshes weekly high around 0.7970 as US Dollar outperforms](https://todaymarkets.ae/usd-chf-refreshes-weekly-high-around-0-7970-as-us-dollar-outperforms/): The USD/CHF pair posts a fresh weekly high around 0.7970 during the late Asian trading session on Monday. The Swiss Franc pair strengthens as the US Dollar (USD) outperforms its peers over the past few days since the monetary policy announcement by the Federal Reserve (Fed) on Wednesday. During the press time, the US Dollar Index (DXY), which tracks the … - [RBA Signals Vigilance Amid Steady Data, Gradual Rate Cuts](https://todaymarkets.ae/rba-signals-vigilance-amid-steady-data-gradual-rate-cuts/): The Reserve Bank of Australia remains vigilant to shifts in the economic outlook, though recent data have largely met expectations, Governor Michele Bullock said Monday. Speaking to lawmakers, Bullock noted that recent rate cuts are expected to support household and business spending, but global conditions remain “uncertain and unpredictable.” She added, “Since the August meeting, … - [Silver Hits Fresh 14-Year High](https://todaymarkets.ae/silver-hits-fresh-14-year-high/): Silver rose to around $43.5 per ounce on Monday, reaching a fresh 14-year high as expectations of further US Federal Reserve rate cuts bolstered demand for precious metals. Last week, the Fed delivered a widely anticipated 25 basis point cut, the first since December, while signaling the possibility of two more reductions this year. Investors … - [Beijing Targets Excess Steel Output in New Crackdown](https://todaymarkets.ae/beijing-targets-excess-steel-output-in-new-crackdown/): China will “strictly” curb new steel production capacity, state broadcaster CCTV reported Monday, as the country moves to tackle overcapacity that has depressed prices and triggered protectionist responses abroad. The Ministry of Industry and Information Technology, along with other departments, aims to stabilize growth in the sector through 2025 and 2026. “The plan involves implementing … - [Palm Oil Starts Week on Firm Footing](https://todaymarkets.ae/palm-oil-starts-week-on-firm-footing/): Malaysian palm oil futures climbed nearly 1%, trading above MYR 4,450 per tonne and snapping two sessions of losses, supported by a weaker ringgit and stronger rival soyoil on the Dalian exchange. Firmer crude oil prices, driven by geopolitical tensions in Europe and the Middle East, also lent support. On the demand side, cargo surveyor … - [Dutch Consumer Confidence Steady in September](https://todaymarkets.ae/dutch-consumer-confidence-steady-in-september/): The consumer confidence indicator in the Netherlands remained at -32 in September 2025, unchanged from the past two months. The economic climate assessment dipped slightly to -53 from -52, while opinions on the economic situation over the past twelve months also weakened marginally, falling to -62 from -61. Willingness to buy improved slightly to -18 … - [Tech Sector Drags Indian Markets Lower](https://todaymarkets.ae/tech-sector-drags-indian-markets-lower/): The BSE Sensex fell 170 points, or 0.2%, to 82,456 in morning trade on Monday, extending losses from the previous session, primarily weighed down by weakness in the tech sector. Tech stocks plunged 2.4% after US President Trump imposed a USD 100,000 fee on new H-1B visa applications, threatening the sector’s long-standing model of rotating … - [White House Unveils TikTok Deal with U.S. Majority Control](https://todaymarkets.ae/white-house-unveils-tiktok-deal-with-u-s-majority-control/): The White House has announced that US companies will take control of TikTok’s algorithm and Americans will hold six of seven board seats for its U.S. operations under a long-awaited deal with China. Press secretary Karoline Leavitt said it could be signed “in the coming days,” though Beijing has yet to comment. Washington has pushed … - [Congo Ends Cobalt Export Ban, Sets Annual Quotas](https://todaymarkets.ae/congo-ends-cobalt-export-ban-sets-annual-quotas/): The Democratic Republic of Congo will lift its cobalt export ban on October 16 and replace it with annual quotas to manage global supply, the country’s strategic minerals regulator said. Miners may ship up to 18,125 tons for the rest of 2025, with annual caps of 96,600 tons in 2026 and 2027, according to the … - [US Futures Steady to Begin the Week](https://todaymarkets.ae/us-futures-steady-to-begin-the-week/): US stock futures were little changed on Monday as investors awaited new catalysts to drive momentum. Attention this week centers on the latest personal consumption expenditures price index, the Federal Reserve’s preferred inflation measure, which is expected to show subdued price pressures. Last week, the Dow advanced 1.05%, the S&P 500 gained 1.22% and the … - [IMF Estimates Mexico's GDP Growth to Slow to 1% in 2025](https://todaymarkets.ae/imf-estimates-mexicos-gdp-growth-to-slow-to-1-in-2025/): The International Monetary Fund (IMF) expects Mexico’s economy to grow by 1.0% in 2025, down from 1.4% in 2024, before ticking up to 1.5% in 2026. The forecast is below the Mexican government’s projection of growth between 1.8% and 2.8% next year, while the budget deficit is expected to fall slightly to 4.10%. The agency … - [ASX 200 Rebounds on Gold and Uranium Boost](https://todaymarkets.ae/asx-200-rebounds-on-gold-and-uranium-boost/): The S&P/ASX 200 advanced 0.8% to 8,842 on Monday, rebounding from a notable decline last week as gold and uranium stocks led the gains. Gold miners were standout performers, with Genesis Minerals (8.8%), Regis Resources (7.5%), Vault Minerals (6.4%), and Capricorn Metals (6%) rallying on the back of a firmer gold price and renewed investor … - [Oil Gains Amid Geopolitical Tensions, New Russia Sanctions](https://todaymarkets.ae/oil-gains-amid-geopolitical-tensions-new-russia-sanctions/): WTI crude oil futures rose to $62.7 per barrel on Monday after a three-day decline, amid geopolitical tensions in Europe and the prospect of fresh EU sanctions against Russia. Reports over the weekend of Russian airstrikes on western Ukraine near the border of Poland, airspace violations in Estonia, and the entry of a Russian military … - [China Holds LPR Steady for Fourth Straight Month](https://todaymarkets.ae/china-holds-lpr-steady-for-fourth-straight-month/): The People’s Bank of China (PBOC) kept key lending rates at record lows for the fourth consecutive month during the September fixing, in line with market expectations. The move followed the central bank’s decision to leave the seven-day reverse repo rate unchanged last Thursday. The decision came amid easing Sino-US trade tensions, even as growing … - [Gold Near Record Highs](https://todaymarkets.ae/gold-near-record-highs/): Gold prices edged up to around $3,690 per ounce on Monday, hovering near record levels, as investors looked ahead to key US inflation data and comments from several Federal Reserve officials this week for further policy guidance. Last week, the Fed delivered its first rate cut of the year and signaled further reductions ahead as … - [Offshore Yuan Steadies as PBOC Holds Rates](https://todaymarkets.ae/offshore-yuan-steadies-as-pboc-holds-rates/): The offshore yuan steadied around 7.12 per dollar on Monday, halting two consecutive sessions of losses as investors assessed the PBOC’s key lending rate decision. The central bank held its benchmark loan prime rates unchanged for the fourth straight month at record lows, in line with market expectations, even after the US Federal Reserve cut … - [China Stocks Wobble as PBOC Holds Rates](https://todaymarkets.ae/china-stocks-wobble-as-pboc-holds-rates/): The Shanghai Composite slipped 0.2% to around 3,810, while the Shenzhen Component edged up 0.1% to 13,080 on Monday, as mainland stocks showed a mixed performance amid the latest central bank policy update. The People’s Bank of China kept its one- and five-year loan prime rates steady at 3% and 3.5% for the fourth consecutive … - [US 10-Year Yield Edges Higher as Fed Remains in Focus](https://todaymarkets.ae/us-10-year-yield-edges-higher-as-fed-remains-in-focus/): The yield on the US 10-year Treasury note rose to around 4.15% on Monday, marking a fourth consecutive session of gains as investors anticipated fresh commentary from Federal Reserve officials and a key US inflation report this week. Chair Jerome Powell and about nine other Fed officials are scheduled to speak, with markets closely watching … - [Japan 10-Year Yield Hits 17-Year High](https://todaymarkets.ae/japan-10-year-yield-hits-17-year-high/): Japan’s 10-year government bond yield rose above 1.65% on Monday, hitting a fresh 17-year high as investors digested the latest central bank decision. On Friday, the Bank of Japan kept its policy rate unchanged at 0.5% for the fifth consecutive meeting, as expected. The central bank noted that the economy is recovering moderately but highlighted … - [South Korean Won Firms on Risk-On Mood](https://todaymarkets.ae/south-korean-won-firms-on-risk-on-mood/): The Korean won rose to around 1,392 per USD on Monday, recovering from recent losses as global sentiment improved. Asian equities advanced after the Fed’s rate cut, with traders watching for cues on further easing. At the same time, optimism also built ahead of China’s loan prime rate decision this week, with hopes that authorities … - [Australia 10-Year Yield Approaches 2-Week High](https://todaymarkets.ae/australia-10-year-yield-approaches-2-week-high/): Australia’s 10-year government bond yield rose to around 4.29% on Monday, nearing a two-week high, as investors digested RBA comments emphasizing a measured approach to rate cuts. Governor Michelle Bullock said the central bank would remain alert to shifts in the economic outlook, noting that recent data have broadly aligned with expectations. While recent rate … - [India, U.S. Resume Trade Talks as Goyal Heads to Washington](https://todaymarkets.ae/india-u-s-resume-trade-talks-as-goyal-heads-to-washington/): India’s Trade Minister Piyush Goyal will visit Washington today, September 22, to push forward a long-pending trade deal, following renewed talks last week. “The delegation plans to take forward the discussions with a view to achieving early conclusion of a mutually beneficial trade agreement,” an official statement said. On September 16, U.S. Assistant Trade Representative … - [EU Proposes Early Ban on Russian Gas in New Sanctions Push](https://todaymarkets.ae/eu-proposes-early-ban-on-russian-gas-in-new-sanctions-push/): The European Union has proposed accelerating its ban on Russian gas imports by one year, aiming to phase out liquefied natural gas purchases from Russia by January 2027. The move is part of the bloc’s 19th sanctions package since Moscow’s 2022 invasion of Ukraine, designed to weaken Russia’s war financing and align with pressure from … - [Mexican Peso Strengthened to 10-Month High](https://todaymarkets.ae/mexican-peso-strengthened-to-10-month-high/): The Mexican peso strengthened toward 18.81 per USD, reaching ten-month highs on the back of easing geopolitical strains, dovish signals from the Fed and resilient domestic fundamentals. Despite unemployment ticking up to 2.7% in May, the labour market remains historically tight, supporting consumption and incomes even as Q1 GDP contracted mildly, underpinning Banxico’s cautiously accommodative … - [Week Ahead - June 30th](https://todaymarkets.ae/week-ahead-june-30th/): Next week, investor attention will turn to developments in trade negotiations between the US and its key trading partners, with the July 9th deadline, that marks the end of April’s 90-day pause on US tariffs, approaching. Markets will also focus on the ECB Central Bank Forum, where top policymakers, including Fed Chair Jerome Powell, are … - [Gold Extends Losses for 2nd Week](https://todaymarkets.ae/gold-extends-losses-for-2nd-week/): Gold fell over 1.5% to below $3,270 per ounce on Friday, heading for a 3% weekly decline, its second straight weekly loss, as easing geopolitical tensions and improving global trade prospects reduced demand for safe-haven assets. A fragile ceasefire between Israel and Iran held, and US Commerce Secretary Howard Lutnick said trade frameworks with China … - [US Natgas Prices Snap 5-Day Losing Streak](https://todaymarkets.ae/us-natgas-prices-snap-5-day-losing-streak/): US natural gas futures jumped about 5% to $3.7/MMBtu on Friday, snapping a five-day losing streak, as LNG export activity started to recover. Gas flows to the eight major US LNG plants averaged 14.2 bcfd in June, still below May’s 15 bcfd and April’s record 16 bcfd, but slightly higher than earlier in the month … - [US Michigan Consumer Sentiment Revised Slightly Higher](https://todaymarkets.ae/us-michigan-consumer-sentiment-revised-slightly-higher/): The University of Michigan’s consumer sentiment index for the US was revised higher to 60.7 in June 2025 from a preliminary of 60.5, compared to 52.2 in May. Consumer sentiment rose for the first time in six months, led by a broad based improvement across numerous facets of the economy, with expectations for personal finances … - [Ibovespa Dips as Markets Await Key Speeches](https://todaymarkets.ae/ibovespa-dips-as-markets-await-key-speeches/): The Ibovespa edged down 0.3% early Friday, trading below 137,000 as investors await remarks from the Finance Minister and the central bank’s Economic Policy Director. Attention abroad focused on trade tensions and US PCE core inflation, which rose 2.7% year-over-year and 0.2% monthly, above expectations. Locally, Brazil’s jobless rate stood at 6.2% in the three … - [TSX Declines, Still Poised for Weekly Gains](https://todaymarkets.ae/tsx-declines-still-poised-for-weekly-gains/): The S&P/TSX Composite Index fell around 0.2% to below the 26,730 mark on Friday, trimming some of the weekly gains to around 0.8% amid falling gold prices, economic stagnation, and shifting policy expectations weighing on Canadian equities. Major mining equities led the decline with Agnico Eagle, Wheaton Precious, Barrick Gold, and Franco-Nevada tumbling between 2% … - [S&P 500, Nasdaq Reach New Records](https://todaymarkets.ae/sp-500-nasdaq-reach-new-records/): US stocks reached new peaks on Friday as optimism of relaxed trade policy and confidence about rate cuts by the Federal Reserve outweighed pessimistic economic data. The S&P 500 and the Nasdaq 100 rose 0.8% to a new record while the Dow gained 600 points. Commerce Secretary Lutnick stated that the US reached a trade … - [Canadian Dollar Steady After Monthly GDP](https://todaymarkets.ae/canadian-dollar-steady-after-monthly-gdp/): The Canadian dollar stabilized around 1.365 per USD, after retreating from its eight-month low of 1.354 seen June 16th, as a softer greenback amid hopes for Fed easing continue to prop up most currencies even as the Canadian dollar pares a bit from its recent rebound. Domestically, the Canadian economy is likely set for a … - [Futures Trim Gains After PCE Data](https://todaymarkets.ae/futures-trim-gains-after-pce-data/): US stock futures trimmed their gains but remained higher on Friday amid evidence of a slowing economy. The S&P 500 and the Nasdaq 100 were set to open 0.4% higher at records, while Dow contracts were 200 points higher. New data showed that personal spending and income unexpectedly contracted in May, while core PCE inflation … - [Treasury Yields Rise Slightly](https://todaymarkets.ae/treasury-yields-rise-slightly/): The yield on the US 10-year Treasury note edged up to 4.26% on Friday, following five consecutive sessions of decline, as traders increasingly bet the Fed will cut rates sooner rather than later. Recent PCE data showed price pressures remain limited while consumer spending fell by the most since the start of the year in … - [DXY Heads for Over 1.5% Weekly Loss](https://todaymarkets.ae/dxy-heads-for-over-1-5-weekly-loss/): The dollar fell more than 1.5% to below 97.3 this week, hovering near its lowest level since February 2022, driven by mounting expectations of Fed rate cuts. Chair Powell struck a notably dovish tone during recent congressional testimony, suggesting that in the absence of inflationary pressures from tariffs, the Fed would have continued its rate-cutting … - [Canadian Economy Set for a 0.1% Contraction in May](https://todaymarkets.ae/canadian-economy-set-for-a-0-1-contraction-in-may/): The Canadian GDP decreased by 0.1% from the previous month in May 2025, according to advance estimates, with declines in mining, quarrying, and oil and gas extraction, public administration and retail trade partially offset by an increase in real estate and rental and leasing. In turn, GDP contracted by 0.1% from the previous month in … - [Mexico Unemployment Rate Inches Up in May](https://todaymarkets.ae/mexico-unemployment-rate-inches-up-in-may/): Mexico’s unemployment rate rose slightly to 2.7% in May 2025 from 2.6% a year earlier, with 1.7 million people unemployed—an increase of 83,000. Of the jobless, 42.6% had been unemployed for a month or less, and 32.2% for one to three months. The female jobless population rose from 632,000 to 715,000, while the male total … - [US PCE Prices Rise 0.1%, Core Accelerates](https://todaymarkets.ae/us-pce-prices-rise-0-1-core-accelerates-2/): The US Personal Consumption Expenditures (PCE) price index rose by 0.1% month-over-month in May 2025, the same as in April and in line with expectations. Prices for goods were up 0.1%, the same as in April and prices for services rose 0.2%, above 0.1% in the previous month. The core PCE index, which excludes volatile … - [Brazil Unemployment Rate Falls to 6.2%](https://todaymarkets.ae/brazil-unemployment-rate-falls-to-6-2/): The unemployment rate in Brazil fell to 6.2% in the three months ending May 2025, down from 6.8% in the quarter ending February, the lowest level in a year, and below market expectations of 6.4%. The number of people in employment rose by 1.2% to 103.9 million, as did the record growth in the number … - [US Personal Spending Unexpectedly Contracts](https://todaymarkets.ae/us-personal-spending-unexpectedly-contracts/): Personal consumption expenditures (PCE) in the United States fell by 0.1% from the previous month to $21.441 trillion in May of 2025, following the 0.2% increase in the previous month, and contrasting with expectations of a 0.1% increase. It was the first contraction since January, suggesting that tariffs and economic uncertainty may have hampered consumer’s … - [US PCE Prices Rise 0.1%, Core Accelerates](https://todaymarkets.ae/us-pce-prices-rise-0-1-core-accelerates/): The US Personal Consumption Expenditures (PCE) price index rose by 0.1% month-over-month in May 2025, the same as in April and in line with expectations. Prices for goods were up 0.1%, the same as in April and prices for services rose 0.2%, above 0.1% in the previous month. The core PCE index, which excludes volatile … - [Gold price drops to $3,300 neighborhood amid modest USD strength](https://todaymarkets.ae/gold-price-drops-to-3300-neighborhood-amid-modest-usd-strength/): Gold price (XAU/USD) attracts fresh sellers during the Asian session on Tuesday and drops to the $3,300 neighborhood in the last hour, closer to a one-week low touched the previous day. The optimism over US-China trade talks undermines safe-haven assets, which, along with a goodish pickup in the US Dollar (USD) demand, turn out to … - [USD/INR falls for fourth straight day amid US-China trade talks](https://todaymarkets.ae/usd-inr-falls-for-fourth-straight-day-amid-us-china-trade-talks/): The Indian Rupee outperforms its peers during Asian trading hours on Tuesday. The Indian currency gains as investors await the release of the Consumer Price Index (CPI) data for May, scheduled for Thursday. As measured by the CPI, US inflation is estimated to have risen by 3% year-over-year, slower than the 3.16% growth seen in April. Soft … - [AUD/USD rises despite improved US Dollar ahead of US-China second meeting](https://todaymarkets.ae/aud-usd-rises-despite-improved-us-dollar-ahead-of-us-china-second-meeting/): The Australian Dollar (AUD) advances against the US Dollar (USD) on Tuesday, extending its gains for the second successive day. The AUD/USD pair receives support from hopes for a cooldown in the United States’ (US) latest broad tariff tensions with China. Any economic update from China could impact AUD as China and Australia are close … - [USD/CHF holds positive ground above 0.8200, eyes on US-China trade talks](https://todaymarkets.ae/usd-chf-holds-positive-ground-above-0-8200-eyes-on-us-china-trade-talks/): The USD/CHF pair trades in positive territory around 0.8225 during the Asian trading hours on Tuesday. The optimism over the resumption of US-China trade talks provides some support for the Greenback. The US Consumer Price Index (CPI) report for May will be in the spotlight on Wednesday.  US-China trade talks were scheduled to continue in London on Tuesday, … - [EUR/GBP consolidates above 0.8400 mark, looks to UK jobs data for fresh impetus](https://todaymarkets.ae/eur-gbp-consolidates-above-0-8400-mark-looks-to-uk-jobs-data-for-fresh-impetus/): The EUR/GBP cross ticks lower during the Asian session on Tuesday, though it lacks follow-through and remains confined in a familiar range held over the past week or so. Spot prices hold above the 0.8400 mark as traders now look forward to the UK jobs data for some meaningful impetus and positioning for a firm … - [AUD/JPY jumps to near 94.50 as investors lack clarity on BoJ’s monetary policy outlook](https://todaymarkets.ae/aud-jpy-jumps-to-near-94-50-as-investors-lack-clarity-on-bojs-monetary-policy-outlook/): The AUD/JPY pair climbs to near 94.50 during Asian trading hours, extending its winning streak for the are fourth trading day on Tuesday. The cross strengthens as the Japanese Yen (JPY) underperforms its peers, while investors turning cautious about whether the Bank of Japan (BoJ) will raise interest rates again this year. Japanese Yen PRICE Today The … - [USD/JPY remains on the back foot; bears seem reluctant amid hawkish BoJ expectations](https://todaymarkets.ae/usd-jpy-remains-on-the-back-foot-bears-seem-reluctant-amid-hawkish-boj-expectations/): The Japanese Yen (JPY) remains on the back foot against a broadly recovery US Dollar (USD), though it has managed to trim a part of intraday losses to a nearly two-week low touched during the Asian session on Tuesday. The optimism over the ongoing US-China trade talks turns out to be a key factor undermining … - [Crude Prices Climb on Hopes of Easing of US-China Trade Tensions](https://todaymarkets.ae/crude-prices-climb-on-hopes-of-easing-of-us-china-trade-tensions/): July WTI crude oil (CLN25) Monday closed up +0.71 (+1.10%), and July RBOB gasoline (RBN25) closed up +0.0184 (+0.89%). Crude oil and gasoline prices settled higher Monday, with crude reaching a 2-1/4 month high and gasoline reaching a 1-week high.  Monday’s weaker dollar was bullish for energy prices.  Also, oil prices have support from hopes … - [Nat-gas Prices Fall on Ample Storage and Cooler US Temps](https://todaymarkets.ae/nat-gas-prices-fall-on-ample-storage-and-cooler-us-temps/): July Nymex natural gas (NGN25) on Monday closed down by -0.149 (-3.94%). July nat-gas prices on Monday tumbled to a 1-week low and settled sharply lower.   Nat-gas prices sold off Monday due to abundant US nat-gas supplies and the outlook for higher US nat-gas production.  As of May 30, nat-gas inventories were +4.7% above … - [Coffee Prices Settle Higher as the Brazilian Real Rallies](https://todaymarkets.ae/coffee-prices-settle-higher-as-the-brazilian-real-rallies/): July arabica coffee (KCN25) Monday closed up +3.50 (+0.98%), and July ICE robusta coffee (RMN25) closed up +82 (+1.85%). Coffee prices on Monday shook off early losses and moved higher on strength in the Brazilian real.  The real (^USDBRL) climbed to an 8-month high against the dollar Monday, discouraging export selling from Brazil’s coffee producers. … - [Cocoa Prices Pressured by Beneficial Rain in West Africa](https://todaymarkets.ae/cocoa-prices-pressured-by-beneficial-rain-in-west-africa/): July ICE NY cocoa (CCN25) Monday closed down -85 (-0.83%), and July ICE London cocoa #7 (CAN25) closed down -22 (-0.32%). Cocoa prices retreated on Monday due to the outlook for additional rainfall in West Africa, which is improving the prospects for the region’s cocoa crop.  Weather forecasts are calling for showers to continue through … - [Strength in Crude Oil and the Brazilian Real Lifts Sugar Prices](https://todaymarkets.ae/strength-in-crude-oil-and-the-brazilian-real-lifts-sugar-prices/): July NY world sugar #11 (SBN25) Monday closed up +0.18 (+1.09%), and August London ICE white sugar #5 (SWQ25) closed up +7.20 (+1.55%). Sugar prices rose on Monday as strength in crude oil and the Brazilian real prompted some short covering in sugar futures.  WTI crude oil (CLN25) climbed to a 2-1/4 month high Monday, … - [USDA reported 76% of the US cotton crop planted as of Sunday](https://todaymarkets.ae/usda-reported-76-of-the-us-cotton-crop-planted-as-of-sunday/): Cotton futures closed with gains of 14 to 37 points on Monday, with October down 54 points. Crude oil prices were up $0.80/barrel, with the US dollar index back down $0.152 to $98.990.  USDA reported 76% of the US cotton crop planted as of Sunday, lagging the 80% average pace. The crop was 12% squared, … - [Cattle Extends to New All Time Highs](https://todaymarkets.ae/cattle-extends-to-new-all-time-highs/): Live cattle futures posted Monday gains of 35 to 70 cents on Monday. Today was first notice day for June live cattle, with no deliveries issued. Cash trade last week saw wide ranges mostly $225-232 in the South and topping near $235. North action was mostly $240-242, reaching $244 in some spots. Feeder cattle futures … - [Wheat Falls By Double Digits ](https://todaymarkets.ae/wheat-falls-by-double-digits/): The wheat complex was weaker from the Monday morning open to the close, with losses across the three markets. Chicago SRW futures were back down 11 to 13 cents on Monday. Kansas City HRW contracts were also 11 to 13 cents lower on the day. Minneapolis spring wheat futures wre 11 to 13 cents in … - [Soybeans Ease Back Lower](https://todaymarkets.ae/soybeans-ease-back-lower/): The soybean market posted 1 to 7 cent losses on Monday, led by the new crop contracts. The cmdtyView Cash Bean price was down 1 1/4 cents to $10.11 1/2. Soymeal futures were down 20 cents to $1.60/ton, as Soy Oil was 12 to 17 points lower in the nearbys.  Weekly Crop Progress data from USDA showed 90% of the US … - [Corn futures posting losses of 9 to 11 ¼ cents across most months](https://todaymarkets.ae/corn-futures-posting-losses-of-9-to-11-%c2%bc-cents-across-most-months/): Corn futures closed the Monday session with contracts under pressure, posing losses of 9 to 11 ¼ cents across most months. The front month CmdtyView national average Cash Corn price was down 8 3/4 at $4.09 1/2. NASS Crop Progress data showed the US corn crop at 97% planted, on pace with the 5-year average, as emergence … - [The week ahead: US CPI, UK spending plans and high hopes for Apple](https://todaymarkets.ae/the-week-ahead-us-cpi-uk-spending-plans-and-high-hopes-for-apple/): Financial markets felt  the effects of the better-than-expected US jobs report for May last week. The US economy created 139k jobs last month, which defied some expectations for jobs growth to crash due to US trade policy. This news was greeted by a stock market rally in the US. The S&P 500 rose by 1%, … - [XAU/USD price shows resilience below $3,300 and rebounds from one-week low](https://todaymarkets.ae/xau-usd-price-shows-resilience-below-3300-and-rebounds-from-one-week-low/): Gold price (XAU/USD) is extending last week’s retracement slide from a nearly one-month peak – levels just above the $3,400 mark and losing ground for the third consecutive day on Monday. The intraday descent drags the commodity to sub-$3,300 levels, or a one-week low during the Asian session, though it lacks follow-through amid a broadly … - [Corn Closes with Most Contracts Higher](https://todaymarkets.ae/corn-closes-with-most-contracts-higher/): Corn futures closed Tuesday with contracts seeing some spreading and adding carry back into the market as December was up ¼ cent and deferreds up 2 ½ cents. The CmdtyView national average Cash Corn price was up 1/4 cent at $3.88. The market will be closed on Thursday for Thanksgiving, with a hard open at 8:30 CST … - [Cocoa Prices Slump as EU Expected to Delay Deforestation Rules](https://todaymarkets.ae/cocoa-prices-slump-as-eu-expected-to-delay-deforestation-rules/): March ICE NY cocoa (CCH26) on Tuesday closed down -91 (-1.75%), and December ICE London cocoa #7 (CAZ25) closed down -51 (-1.38%). Cocoa prices extended their two-week-long selloff on Tuesday and posted new 1.75-year nearest-futures lows on expectations that the EU will delay its deforestation regulation for another year, keeping cocoa supplies ample.   Last … - [Sugar Prices Climb on Dollar Weakness and Smaller Indian Sugar Exports](https://todaymarkets.ae/sugar-prices-climb-on-dollar-weakness-and-smaller-indian-sugar-exports/): March NY world sugar #11 (SBH26) on Tuesday closed up +0.09 (+0.61%), and March London ICE white sugar #5 (SWH26) closed up +3.00 (+0.71%). Sugar prices settled higher on Tuesday amid a weaker dollar (DXY00), as they continue to consolidate below last Wednesday’s 1-month highs.  Sugar is supported by the recent news that India’s food … - [Cotton Closes Higher](https://todaymarkets.ae/cotton-closes-higher/): Cotton futures saw Tuesday gains of 20 to 25 points across most contracts, with in delivery Dec up 99 points. Crude oil futures are down 73 cents per barrel at $58.11 on the day, with the US dollar index $0.322 lower to $99.750. Commitment of Traders data, still delayed from to the government shutdown, showed … - [Dry Conditions in Brazil Support Arabica Coffee Prices](https://todaymarkets.ae/dry-conditions-in-brazil-support-arabica-coffee-prices-2/): March arabica coffee (KCH26) on Monday closed up +7.10 (+1.92%), and January ICE robusta coffee (RMF26) closed down -53 (-1.18%). Coffee prices settled mixed on Monday.  Arabica coffee moved sharply higher on Monday due to dryness concerns in Brazil after Somar Meteorologia reported that Brazil’s largest arabica coffee-growing area, Minas Gerais, received 26.4 mm of … - [UK Retail Sector Faces Steep Decline: CBI](https://todaymarkets.ae/uk-retail-sector-faces-steep-decline-cbi/): The Confederation of British Industry’s retail sales balance fell to –32 in November 2025 from –27 in October, undershooting market expectations of –30. This marked the first decline since June’s sharp drop and signaled a deeper contraction in retail activity, extending a period of weakness that has persisted since mid-2023 ahead of the 26 November … - [Sensex Falls for 3rd Day](https://todaymarkets.ae/sensex-falls-for-3rd-day/): India’s BSE Sensex gave up early gains to close around 0.4% lower at 84,587 on Tuesday, as investors booked profits for a third consecutive day following recent record highs ahead of the monthly derivatives expiry. Sentiment remained cautious as foreign outflows resumed, while traders awaited clarity on a possible rate cut by the Federal Reserve … - [Cotton Futures Edge Higher](https://todaymarkets.ae/cotton-futures-edge-higher/): Cotton futures rose slightly to around 61.8 cents per pound, a near one-week high, as expectations of a potential Federal Reserve rate cut bolstered demand prospects. In the meantime, the latest US weekly sales report published on November 21 suggested increasing demand. US upland cotton export sales surged to 199,000 running bales for the week … - [Palm Oil Extends Weakness to Near 5-Month Low](https://todaymarkets.ae/palm-oil-extends-weakness-to-near-5-month-low/): Malaysian palm oil futures slipped for the fourth straight session, hovering near MYR 4,025 per tonne and touching their lowest level since the end of June. Sentiment weakened as a firmer ringgit made exports less attractive, and softer palm oil contracts on the Dalian exchange added additional pressure. Expectations of slower shipments also weighed on … - [Saudi Trade Surplus Largest in 16 Months](https://todaymarkets.ae/saudi-trade-surplus-largest-in-16-months/): Saudi Arabia’s trade surplus widened to SAR 26.0 billion in September 2025 from SAR 15.6 billion in the same month a year earlier. This marked the largest surplus since May 2024, with both exports and imports increasing. Exports grew by 14.0% year on year to SAR 101 billion, driven by a 10.7% growth in oil … - [Iron Ore Climbs on Falling Global Shipments](https://todaymarkets.ae/iron-ore-climbs-on-falling-global-shipments/): Iron ore futures climbed toward CNY 800 per ton, reaching a three week high as declining global shipments fueled supply concerns. Industry data showed that combined exports from major producers Australia and Brazil fell by 2.7 million tons last week from the prior week. China also proposed lowering port fees for state owned enterprises holding … - [German Q3 Economic Stagnation Confirmed](https://todaymarkets.ae/german-q3-economic-stagnation-confirmed/): Germany’s economy recorded no growth qoq in Q3 2025, in line with the preliminary estimate and following a 0.2% contraction in Q2. Modest improvements in gross fixed capital formation (0.3% vs -1.1% in Q2), mainly driven by equipment and other facilities, alongside stronger government spending (0.8% vs 0.2%) and a positive contribution from inventories, helped … - [France Consumer Confidence Slightly Eases](https://todaymarkets.ae/france-consumer-confidence-slightly-eases/): Consumer confidence in France eased slightly to 89 in November 2025 from 90 in October, remaining below the long-term average of 100. Households’ assessments of their past financial situation slipped to -21 from -20, while expectations for their future finances eased to -12 from -11, reflecting persistent caution about their personal financial outlook. Current saving … - [Hang Seng Trims Gains at Close](https://todaymarkets.ae/hang-seng-trims-gains-at-close/): The Hang Seng rose 178 points or 0.7% to finish at 25,894 on Tuesday, extending strength for a second session amid broad-based sector advance. Sentiment improved after U.S. President Trump described relations with China as “extremely strong” following a call with Xi Jinping on Monday. Risk appetite was also lifted by a rebound in mainland … - [European Stocks Edge Up](https://todaymarkets.ae/european-stocks-edge-up/): Stocks in Europe edged higher on Tuesday, with both the STOXX 50 and the STOXX 600 gaining nearly 0.2%, extending the modest advance from the previous session. Rising expectations of a Fed rate cut next month continued to support investor sentiment. Banks were among the strongest performers, with Barclays up 3.1%, Societe Generale rising 1.8%, … - [CAC 40 Edges Higher on Tuesday](https://todaymarkets.ae/cac-40-edges-higher-on-tuesday/): The CAC 40 ticked up 0.2% to around 7,980 points on Tuesday, rebounding from modest losses in the previous session, as optimism over a potential Federal Reserve rate cut supported equities. According to CME Group’s FedWatch Tool, the market currently assigns an 81.1% probability to a Fed rate hike in December. Banking stocks rallied, with … - [Economic Calendar - U.S. PPI And Retail Sales in Focus](https://todaymarkets.ae/economic-calendar-u-s-ppi-and-retail-sales-in-focus/): Tuesday’s session is set to be interesting both in Europe and the United States. Today’s macroeconomic data include, among others, Germany’s preliminary GDP reading, PPI inflation in Sweden and the US, retail sales in Poland and the US, and property price indices. Attention will also focus on speeches by members of the European Central Bank’s … - [Cocoa Futures Recover 1% From 21-Month Low](https://todaymarkets.ae/cocoa-futures-recover-1-from-21-month-low/): Cocoa futures hit 21-month low today, further extending a strong downward trend that resumed in early November. The contract managed to recover around 1% above yesterday close after diving below the lower bound of a decreasing channel in the early trading (-2.4% in the most critical moment). The main driver of the resumed pression are the continued … - [GBP/USD inches lower to near 1.3100 as UK Gilts tick down](https://todaymarkets.ae/gbp-usd-inches-lower-to-near-1-3100-as-uk-gilts-tick-down/): GBP/USD loses ground after three days of gains, trading around 1.3100 during the Asian hours on Tuesday. The Pound Sterling (GBP) came under pressure as UK 10-year Gilt yields edged lower to 4.54%, with investors awaiting the November 26 budget. Finance Minister Rachel Reeves is expected to find tens of billions of pounds to meet … - [EUR/JPY trade with negative bias around mid-180.00s; eyes German GDP for fresh impetus](https://todaymarkets.ae/eur-jpy-trade-with-negative-bias-around-mid-180-00s-eyes-german-gdp-for-fresh-impetus/): The EUR/JPY cross struggles to build on the previous day’s positive move and ticks lower during the Asian session on Tuesday. Spot prices currently trade around mid-180.00s, down 0.10% for the day, though the downside potential seems limited. The Japanese Yen (JPY) draws some support from speculations that authorities would step in to stem any … - [USD/CHF clings to gains near 0.8100, multi-week top amid bullish USD and risk-on mood](https://todaymarkets.ae/usd-chf-clings-to-gains-near-0-8100-multi-week-top-amid-bullish-usd-and-risk-on-mood/): The USD/CHF pair attracts some dip-buying during the Asian session on Tuesday and currently trades just below the 0.8100 mark, or a nearly three-week high touched the previous day. The mixed fundamental backdrop, however, warrants some caution before positioning for an extension of a nearly two-week-old uptrend from the 0.7880-0.7875 region. The recent data showed that … - [EUR/GBP flat lines near 0.8800 as traders await UK Autumn Budget](https://todaymarkets.ae/eur-gbp-flat-lines-near-0-8800-as-traders-await-uk-autumn-budget/): The EUR/GBP cross holds steady near 0.8790 during the early European session on Tuesday. Markets might turn cautious ahead of the UK government’s Autumn Budget, which is scheduled for Wednesday. The final reading of German Gross Domestic Product (GDP) for the third quarter (Q3) will be released later on Tuesday.  UK Chancellor of the Exchequer Rachel Reeves is … - [Cattle Close Monday Locked Limit Down](https://todaymarkets.ae/cattle-close-monday-locked-limit-down/): Live cattle futures saw $7.25 limit losses across most contracts on Monday, with $10.25 expanded limits set for Tuesday. There was some light cash trade picked up on Monday at $208 by the USDA in the Western Corn Belt. Last week’s cash trade was $215-219 in the North, with $220-224 in the South. Feeder cattle futures … - [Wheat Closes Monday Mixed, with Spring Wheat Strength](https://todaymarkets.ae/wheat-closes-monday-mixed-with-spring-wheat-strength/): The wheat complex posted mixed Monday action, with the winter wheat leading the charge lower and spring wheat holding up. Chicago SRW futures were 4 to5 cents in the red on Monday. KC HRW futures were down 3 to 4 cents. MPLS spring wheat futures were steady to 3 cents in the green on the … - [Corn Holds onto Losses](https://todaymarkets.ae/corn-holds-onto-losses/): Corn futures were steady to 2 cents lower in the front months on Monday. The CmdtyView national average Cash Corn price was down ¾ cents at $3.87 ½. The final Crop Progress report from NASS for the year showed a total of 96% of the corn crop harvested, slightly behind the 5-year average of 97%.  USDA tallied … - [Soybeans See Front Month Weakness](https://todaymarkets.ae/soybeans-see-front-month-weakness/): Soybeans were lower on Monday, with contracts down 1 to 2 cents in the nearbys, and strength in some 2026 contracts. The cmdtyView national average Cash Bean price was down 1 1/2 cent at $10.50 1/2. Soymeal futures were down 50 to 90 cents in the nearbys, with deferreds up 80 cents to $1.80. Soy Oil futures were 2 to 8 … - [Sugar Prices Supported by the Prospects of Smaller Sugar Exports From India](https://todaymarkets.ae/sugar-prices-supported-by-the-prospects-of-smaller-sugar-exports-from-india/): March NY world sugar #11 (SBH26) today is up +0.14 (+0.95%), and March London ICE white sugar #5 (SWH26) is up +2.50 (+0.59%). Sugar prices are posting moderate gains today as they continue to consolidate below last Wednesday’s 1-month highs.  Sugar is supported by the recent news that India’s food ministry said it was considering … - [Cotton Pulls Out Gains ](https://todaymarkets.ae/cotton-pulls-out-gains/): Cotton futures posted marginal gains of 9 to 16 points across the front months on Monday. Crude oil futures were up 83 cents per barrel to $58.89 on the day, with the US dollar index $0.022 higher to $100.135. NASS released their last Crop Progress report for the year this afternoon showing the US cotton … - [Dry Conditions in Brazil Support Arabica Coffee Prices](https://todaymarkets.ae/dry-conditions-in-brazil-support-arabica-coffee-prices/): March arabica coffee (KCH26) on Monday closed up +7.10 (+1.92%), and January ICE robusta coffee (RMF26) closed down -53 (-1.18%). Coffee prices settled mixed on Monday.  Arabica coffee moved sharply higher on Monday due to dryness concerns in Brazil after Somar Meteorologia reported that Brazil’s largest arabica coffee-growing area, Minas Gerais, received 26.4 mm of … - [NY Cocoa Settles Higher on a Slower Pace of Ivory Coast Cocoa Deliveries](https://todaymarkets.ae/ny-cocoa-settles-higher-on-a-slower-pace-of-ivory-coast-cocoa-deliveries/): March ICE NY cocoa (CCH26) on Monday closed up +31 (+0.60%), and December ICE London cocoa #7 (CAZ25) closed down -78 (-2.06%). Cocoa prices recovered from 1.75-year nearest-futures lows on Monday and settled mixed.  Short covering emerged in cocoa futures on Monday to push NY cocoa into positive territory on signs of smaller cocoa arrivals … - [Copper Rises Ahead of Industry Meeting in China](https://todaymarkets.ae/copper-rises-ahead-of-industry-meeting-in-china/): Copper futures climbed above $5 per pound on Tuesday, reaching a near two-week high as investors positioned ahead of a key industry gathering in Shanghai this week, where miners are expected to push for tougher supply terms for 2026. The global copper-processing sector has faced record low annual treatment and refining charges over the past … - [EU Car Registrations Hit 4-Month High](https://todaymarkets.ae/eu-car-registrations-hit-4-month-high/): Passenger car registrations in the European Union increased 5.8% year-on-year to a four-month high of 916,609 units in October 2025, following a 10.0% rise in September. This marked the fourth consecutive month of growth, with three of the EU’s four largest markets recording gains. Registrations in Spain rose 15.9%, followed by Germany (7.8%) and France … - [Australian Shares Trade Flat](https://todaymarkets.ae/australian-shares-trade-flat/): The S&P/ASX 200 traded flat around 8,527 on Tuesday, following notable gains in the previous session as strength in mining and gold stocks offset weakness across the major banks. Major miners Rio Tinto advanced nearly 3%, BHP Group added 0.5%, and Fortescue Metals rose 0.3%, while gold producers Greatland Resources climbed 5.5%, Genesis Minerals increased … - [Oil Down with Focus on Ukraine Peace Deal](https://todaymarkets.ae/oil-down-with-focus-on-ukraine-peace-deal/): WTI crude oil futures fell to $58.5 per barrel on Tuesday, paring gains from the previous session, as prospects for a Russia-Ukraine peace deal continue to dominate market sentiment. Reports suggest that the US-proposed 28-point peace plan aimed at ending the Ukraine war has been reduced to 19 points after discussions in Switzerland as they … - [Yen Edges Up on Intervention Watch](https://todaymarkets.ae/yen-edges-up-on-intervention-watch/): The Japanese yen rose to around 156.6 per dollar on Tuesday, recovering losses from the previous session amid speculation that authorities could intervene to curb the currency’s decline. On Sunday, Takuji Aida, an adviser to Prime Minister Sanae Takaichi, said Tokyo is prepared to actively intervene in currency markets to offset the negative economic effects … - [Gold Gains Amid Fed Rate Cut Hopes](https://todaymarkets.ae/gold-gains-amid-fed-rate-cut-hopes/): Gold prices rose to around $4,140 per ounce on Tuesday, building on gains from the previous session as expectations for a US interest rate cut next month increased further after dovish Fed signals. Bullion surged nearly 2% on Monday after Fed Governor Christopher Waller reiterated his support for a December cut, citing persistent weakness in … - [South Korean Shares Rebound on Fed Cut Hopes](https://todaymarkets.ae/south-korean-shares-rebound-on-fed-cut-hopes/): The benchmark KOSPI rose 0.9% to around 3,880 on Tuesday, rebounding from losses in the previous session as hopes of a near-term US rate cut boosted investor sentiment. Investors tracked a sharp rebound on Wall Street overnight after Federal Reserve officials signaled a more accommodative policy stance, easing concerns about tighter financial conditions. Renewed optimism … - [Won Rises on Fed Rate-Cut Expectations, Domestic Growth Signals](https://todaymarkets.ae/won-rises-on-fed-rate-cut-expectations-domestic-growth-signals/): The South Korean won appreciated to around 1,471 per dollar on Tuesday, rebounding from multi-month lows as expectations of a Federal Reserve interest rate cut grew, with investors awaiting the latest US economic data for signals on upcoming policy decisions. Domestic developments also bolstered sentiment, as the Bank of Korea prepares for Thursday’s rate-setting meeting. … - [China Stocks Jump on Tech Boost](https://todaymarkets.ae/china-stocks-jump-on-tech-boost/): The Shanghai Composite rose 0.9% to above 3,870, while the Shenzhen Component jumped 2.3% to 12,870 on Tuesday, extending gains from the previous session as technology and artificial intelligence stocks led the market higher. Mainland shares also followed a tech-driven rally on Wall Street overnight amid renewed optimism for a Federal Reserve interest rate cut … - [Offshore Yuan Hits Over One-Year Peak](https://todaymarkets.ae/offshore-yuan-hits-over-one-year-peak/): The offshore yuan climbed to around 7.09 per dollar on Tuesday, reaching its highest level since early October last year, boosted by signs of improving US-China relations. US President Donald Trump and Chinese leader Xi Jinping held a phone call earlier in the week, with both governments stressing progress on trade and tariff commitments reached … - [Silver Climbs on Dovish Fed Signals](https://todaymarkets.ae/silver-climbs-on-dovish-fed-signals/): Silver rose above $51 per ounce on Tuesday, hitting an over one-week high as dovish comments from Federal Reserve officials strengthened expectations for a near-term interest rate cut. Fed Governor Christopher Waller expressed support for a December reduction, citing rising labor market risks and echoing remarks from San Francisco Fed President Mary Daly and New … - [Defense Stocks Under Pressure as Peace Talks Continue](https://todaymarkets.ae/defense-stocks-under-pressure-as-peace-talks-continue/): European equities are slightly lower at the start of the week. The EUROSTOXX index is down 0.15%. The selloff is not significant and remains limited to a 0.10–0.60% range. The German DAX is down 0.10%, the French FRA40 drops 0.52%, and the British UK100 loses 0.15%. EURUSD gains 0.30% thanks to slight declines in the … - [Bayer's Breakthrough in Stroke Prevention; Shares Gain 10%](https://todaymarkets.ae/bayers-breakthrough-in-stroke-prevention-shares-gain-10/): Bayer (BAYN.DE) is seeing spectacular growth in its share price today, up more than 10% (reaching as high as 11.5% at the peak of the session), reaching EUR 30 and its highest level since September 2024. The company’s market value increased by approximately EUR 3 billion as a result of the positive results of the … - [German IFO Slightly Lower Than Expected](https://todaymarkets.ae/german-ifo-slightly-lower-than-expected/): 09:00 AM BST, Germany – German Ifo Index for November: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you … - [The Week Ahead](https://todaymarkets.ae/the-week-ahead-2/): Week Ahead: Black Friday set to ignite Holiday sales of $1 trillion, It’s been a wild ride for financial markets in recent days. Stocks sold off sharply last week and bitcoin slumped by 7%. However, a sense of calm has descended on markets as we start a new week. Thursday’s initial rally and then reversal, … - [Crypto News - Bitcoin Stabilizes After Sell-off](https://todaymarkets.ae/crypto-news-bitcoin-stabilizes-after-sell-off/): Cryptocurrencies are attempting to open the new week with modest, stabilizing gains after a very weak period during which BTC fell more than 30% from its recent highs. U.S. crypto ETFs remain the key monitoring tool for the market. Over the past four weeks, BTC-based funds have seen a record $4.35 billion in outflows. BlackRock’s IBIT alone … - [Chart of The Day - OIL.WTI](https://todaymarkets.ae/chart-of-the-day-oil-wti-4/): Oil prices started the week with a slight selloff, adding to last week’s 3% decline. The oil market is now focused on the potential Russia–Ukraine peace agreement. At the moment, WTI crude is down 0.25% at 57.80 USD per barrel. Trump is pushing for the adoption of a modified version of the peace proposal, which … - [UK 10-Year Gilt Yield Eases](https://todaymarkets.ae/uk-10-year-gilt-yield-eases/): UK 10-year gilt yields slipped to 4.53% as investors awaited the Nov. 26 budget. Finance minister Rachel Reeves is expected to find tens of billions of pounds to meet her fiscal rules, and the OBR is set to cut growth and productivity forecasts, creating a £20–30 billion hole in the public finances. Recent data underscore … - [India 10Y Yield Hits 3-Week High](https://todaymarkets.ae/india-10y-yield-hits-3-week-high/): The yield on India’s 10-year G-Sec rose above 6.5% on Monday, hitting a three-week high, fueled by optimism over the government’s planned reform push. The winter parliament session starting December 1 is set to take up a wide-ranging package of bills covering insurance, atomic energy, and other key sectors, aimed at attracting investment and accelerating … - [Sterling Little Changed Ahead of Budget](https://todaymarkets.ae/sterling-little-changed-ahead-of-budget/): The British pound hovered just below $1.31 as traders awaited the UK’s Nov. 26 budget. Finance minister Rachel Reeves is expected to find tens of billions of pounds to meet her fiscal rules, and reports that she might avoid tax hikes briefly unsettled markets. The OBR will reportedly cut growth forecasts for 2026 and beyond, … - [TTF Prices Fall Below €30/MWh](https://todaymarkets.ae/ttf-prices-fall-below-e30-mwh/): European natural gas futures fell over 1% to below €30/MWh, the lowest since May 2024, as imports rose and diplomatic efforts to end the Russia-Ukraine war improved sentiment. Prices had been steady for weeks while traders balanced strong supply against shifting winter weather forecasts. Recent inflows of LNG and Norwegian pipeline gas, along with milder … - [CAC 40 Inches Higher on Monday](https://todaymarkets.ae/cac-40-inches-higher-on-monday/): The CAC 40 edged up 0.6% on Monday to around 8,035 points, extending last week’s choppy upward trend, supported by growing optimism on strengthening bets for US interest rate cuts. Reports that US officials may allow NVIDIA to sell its H200 AI chips to China boosted tech stocks, with STMicroelectronics up 2.7% and Dassault Systèmes … - [US Futures Rise to Start the Week](https://todaymarkets.ae/us-futures-rise-to-start-the-week-2/): US stock futures advanced on Monday as Wall Street looked to recover from a volatile week, with traders boosting bets on a Federal Reserve rate cut and growing more optimistic about Nvidia’s potential export sales to China. Dow futures rose 0.3%, S&P 500 futures added 0.4% and Nasdaq 100 futures climbed 0.6%. New York Fed … - [Oil Steady Amid Prospects of Russia-Ukraine Deal](https://todaymarkets.ae/oil-steady-amid-prospects-of-russia-ukraine-deal/): WTI crude oil futures hovered around $58 per barrel on Monday after a three-day decline, as investors weighed the possibility of a peace deal between Russia and Ukraine. Senior US and Ukrainian officials said Sunday that progress was being made on a US-backed proposal aimed at ending the conflict. US Secretary of State Marco Rubio … - [Dollar Holds at 6-Month High](https://todaymarkets.ae/dollar-holds-at-6-month-high/): The dollar index stayed above 100 on Monday, hovering near a six-month high as investors continued to assess the Federal Reserve’s monetary policy outlook. New York Fed President John Williams said Friday that a near-term rate cut remains possible as labor market weakness poses a greater risk than elevated inflation. Markets now price in about … - [Russia GDP Expands 0.9% YoY in September](https://todaymarkets.ae/russia-gdp-expands-0-9-yoy-in-september/): Russia’s GDP advanced by 0.9% year-on-year in September 2025, after a 0.4% expansion in the previous two months, the Economic Development Ministry said in a report on the current economic situation. Growth was mainly driven by increases in construction (0.2% vs 0.1% in August), manufacturing output (0.4% vs 2.4% in August), and agriculture (4.2% vs … - [Gold Extends Decline](https://todaymarkets.ae/gold-extends-decline/): Gold prices fell to around $4,040 per ounce on Monday, extending Friday’s decline, as investors awaited more US economic data for clearer signals on the Federal Reserve’s policy outlook. Attention will mainly be on September’s retail sales and PPI figures due on Tuesday, along with weekly jobless claims on Wednesday. Expectations for a December rate … - [Yen Slips in Holiday-Thinned Trade](https://todaymarkets.ae/yen-slips-in-holiday-thinned-trade/): The Japanese yen slipped past 156.5 per dollar on Monday, giving back part of the prior session’s gains as traders continued to weigh a series of verbal interventions from authorities aimed at slowing the currency’s slide. On Sunday, Takuji Aida, an adviser to Prime Minister Sanae Takaichi, said Tokyo can actively intervene in currency markets … - [Hong Kong Shares Rebound to Kick Off the Week](https://todaymarkets.ae/hong-kong-shares-rebound-to-kick-off-the-week/): Stocks in Hong Kong climbed 266 points, or 1.0%, to 25,478 in Monday’s morning session, snapping a six-session losing streak and recovering from a five-week low. All sectors supported the upturn as traders engaged in bargain hunting, particularly in property, financials, and tech shares. A rise in U.S. futures also lifted risk appetite, following Friday’s … - [South Korean Shares Rise Amid Fed Signals](https://todaymarkets.ae/south-korean-shares-rise-amid-fed-signals/): The benchmark KOSPI climbed 1.2% to around 3,900 on Monday, rebounding from losses in the previous session, supported by expectations of a near-term US rate cut. Investors reacted to recent signals from a senior Federal Reserve official suggesting that easing could still be on the table this year, creating a more supportive backdrop for export-heavy … - [Won Falls as Capital Outflows Mount](https://todaymarkets.ae/won-falls-as-capital-outflows-mount/): The South Korean won depreciated to around 1,472 on Monday, approaching its lowest level in more than seven months, as market sentiment remained pressured by concerns of continued capital outflows. The currency’s weakness has also been reflected in its real effective exchange rate, which dropped to 89.09 in October, marking its lowest level in roughly … - [China Stocks Slip as Chip Firms Weigh](https://todaymarkets.ae/china-stocks-slip-as-chip-firms-weigh/): The Shanghai Composite fell 0.2% to below 3,830, while the Shenzhen Component lost 0.4% to 12,490 on Monday, with mainland stocks hitting multi-month lows as Chinese chipmakers came under pressure following reports that the US is considering allowing Nvidia to sell H200 AI chips to China. Nvidia CEO Jensen Huang has been lobbying the Trump … - [Offshore Yuan Holds Firm](https://todaymarkets.ae/offshore-yuan-holds-firm/): The offshore yuan traded around 7.11 per dollar, moving sideways near a one-week high, as the central bank continued to guide the currency stronger. The People’s Bank of China set the midpoint at 7.0847 on Monday, firmer than Friday’s 7.0875 fix and the 7.1162 estimate, signaling its effort to stabilize the yuan. Analysts noted that … - [Silver Steadies on Fed Rate Cut Bets](https://todaymarkets.ae/silver-steadies-on-fed-rate-cut-bets/): Silver stabilized around $50 per ounce on Monday, halting a recent slide as dovish comments from a senior US Federal Reserve official boosted expectations for a rate cut next month. New York Fed President John Williams said Friday that a near term rate reduction remains possible, with labor market weakness posing a greater risk than … - [Indian Stocks Inch Higher in Early Week Session](https://todaymarkets.ae/indian-stocks-inch-higher-in-early-week-session/): Stocks in India rose 121 points, or 0.1%, to 85,353 in early deals on Monday, halting losses from the previous session and buoyed mainly by gains in the tech and banking sectors. The BSE Sensex tracked Friday’s rise on Wall Street amid hopes of Fed interest rate cuts next month. Meanwhile, the Nifty 50 climbed … - [New Zealand Stocks End Higher](https://todaymarkets.ae/new-zealand-stocks-end-higher/): New Zealand’s benchmark S&P/NZX 50 index rose 0.6% to close at 13,506 on Monday, recouping losses from last week, with technology services shares leading the advance. The sector jumped more than 8%, driven by Gentrack Group, which surged over 18% after surpassing annual earnings estimates and reporting a 119% year-on-year increase. Other notable gainers included … - [U.K. Budget Preview](https://todaymarkets.ae/u-k-budget-preview/): UK Budget preview: Can the Chancellor deliver growth while raising taxes? On Wednesday 26th November, the UK Chancellor will deliver her second full budget. This feels like a major political event, with economics on the side. It could determine whether Kier Starmer remains as Prime Minister, as well as attempting to balance the UK’s precarious books. … - [Coffee Prices Sharply Lower as President Trump Removes Brazil's Food Tariffs](https://todaymarkets.ae/coffee-prices-sharply-lower-as-president-trump-removes-brazils-food-tariffs/): March arabica coffee (KCH26) on Friday closed down -7.20 (-1.91%), and January ICE robusta coffee (RMF26) closed down -125 (-2.70%). Coffee prices fell sharply on Friday, with arabica posting a 7-week low.   Coffee prices tumbled on Friday after President Trump signed an executive order late Thursday exempting Brazilian food products from tariffs, including the … - [Cocoa Prices Weighed Down as Global Supply Prospects Improve](https://todaymarkets.ae/cocoa-prices-weighed-down-as-global-supply-prospects-improve/): March ICE NY cocoa (CCH26) on Friday closed down -123 (-2.33%), and December ICE London cocoa #7 (CAZ25) closed down -97 (-2.50%). Cocoa prices settled sharply lower on Friday, with London cocoa falling to a 1.75-year low on the nearest-futures chart.  Cocoa prices were under pressure on Friday on negative carryover from Wednesday, when European … - [](https://todaymarkets.ae/12264-2/): In the upcoming week, it will be worth monitoring the following three instruments: Bitcoin, USDJPY, and US100. We selected them due to incoming macroeconomic data and their current technical levels. Each is now at a critical point: Bitcoin is fighting to maintain its trend in conditions of low liquidity, USDJPY is reacting to Japan’s largest fiscal … - [Massive Sell-off in Crypto; Fed Cut in December ?](https://todaymarkets.ae/massive-sell-off-in-crypto-fed-cut-in-december/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [MicroStrategy in Trouble? Shares Down 67% From Highs](https://todaymarkets.ae/microstrategy-in-trouble-shares-down-67-from-highs/): MicroStrategy’s preferred shares have lost nearly 7.0% and 13.5% this month as sentiment in the cryptocurrency market deteriorated. As a result, the decline in preferred shares raises questions about the company’s ability to continue financing Bitcoin purchases and covering cash-paid dividend obligations. The company’s premium, which historically allowed Strategy (MSTR.US) to raise capital more cheaply … - [Stock of The Week - Nvidia](https://todaymarkets.ae/stock-of-the-week-nvidia/): Nvidia has long been one of the most important players in the world of artificial intelligence. The company, which started in the gaming market, now accounts for a significant portion of the global computing infrastructure powering the latest generative models as well as solutions used in science and industry. Its chips drive data centers, research labs, … - [US Stocks Rebound, Still Post Weekly Losses](https://todaymarkets.ae/us-stocks-rebound-still-post-weekly-losses/): US stocks sharply rebounded on Friday as the Dow rose 1.2%, the S&P 500 added 1.1% and the Nasdaq climbed 0.8%, after New York Fed President John Williams suggested policy may have room to move closer to neutral and traders lifted the probability of a December rate cut to nearly 70%. Communication services led early … - [TSX Trims Weekly Losses on Friday](https://todaymarkets.ae/tsx-trims-weekly-losses-on-friday/): The S&P/TSX Composite rose 0.9% to close at 30,161 on Friday, trimming part of this week’s loss to 0.6% as investors reassessed risks around elevated AI spending. Markets took comfort from New York Fed President John Williams’ cautiously dovish tone and his view that policy remains modestly restrictive but could move closer to neutral with … - [Trade of The Day - US2000](https://todaymarkets.ae/trade-of-the-day-us2000-2/): Facts: Recommendation: Long position on US2000 at market price Opinion: The LONG recommendation for Russell 2000 futures is based on the outlook for the Federal Reserve, which is currently in a cycle of interest rate cuts, regardless of a potential pause in December 2025. Although the market initially discounted the possibility of a pause in … - [Pound Sterling slumps after poor UK Retail Sales, flash PMI data](https://todaymarkets.ae/pound-sterling-slumps-after-poor-uk-retail-sales-flash-pmi-data/): The Pound Sterling (GBP) falls sharply against its major currency peers on Friday, following the release of poor United Kingdom (UK) Retail Sales data for October, and preliminary S&P Global Purchasing Managers’ Index (PMI) data for November. The Office for National Statistics (ONS) reported that Retail Sales, a measure of consumer spending, declined by 1.1% … - [DAX - Tech And Defense Stocks Sell-off](https://todaymarkets.ae/dax-tech-and-defense-stocks-sell-off/): Yesterday’s session was not successful for buyers, as American indices clearly lost ground, and many commentators and analysts expected the declines to transfer to Europe after the market opened. European indices on the cash market opened with moderate declines, but futures contracts are already in growth territory. The SUI20 contracts are rising the most in … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-11/): The USD/JPY exchange rate is currently around 156.7. Today’s trading is influenced by a complex mix of fundamental factors, where a strong dollar competes with potential interventions from Japan. The difference in monetary policy between the US and Japan still favors the dollar, but the risk of actions by the BOJ and the Japanese government … - [Technical Analysis - Ethereum](https://todaymarkets.ae/technical-analysis-ethereum/): Cryptocurrency prices remain under significant pressure, which is also clearly visible on the Ethereum chart. The price fell from around $5,000 in August to $2,700 in today’s session. On the D1 interval, there was a downward breakout of the key support at $2,850, which suggests a continuation of the downward movement. If the sell-off continues, … - [Mixed Results For The U.K. PMI Index](https://todaymarkets.ae/mixed-results-for-the-u-k-pmi-index/): 10:30 – United Kingdom Preliminary Manufacturing PMI – November: Actual 50,2 (forecast 49.3 (previous 49.7) Preliminary Services PMI – November: Actual 50,5 (forecast 52 (previous 52.3) In November, the preliminary UK manufacturing PMI came in at 50.2, exceeding expectations and indicating slight expansion, while the services PMI fell to 50.5, below forecasts, signaling a slowdown … - [European PMI Below Expectations - EUR/USD Under Pressure](https://todaymarkets.ae/european-pmi-below-expectations-eur-usd-under-pressure/): Key Data: 09:15 – FrancePreliminary Manufacturing PMI – November: actual 47,8 (forecast 49 (previous 48.8)Preliminary Services PMI – November: actual 50,8 (forecast 48.5 (previous 48) 09:30 – GermanyPreliminary Manufacturing PMI – actual 48,4 (November: forecast 49.8 (previous 49.6)Preliminary Services PMI – November: actual 52,7 (forecast 54 (previous 54.6) 10:00 – EurozonePreliminary Manufacturing PMI – November: … - [The sell-off hits Europe](https://todaymarkets.ae/the-sell-off-hits-europe/): The premise for stocks on Thursday was strong: Nvidia’s results were stunning, and the US unemployment rate rose, sparking hope that the FOMC may consider a rate cut next month. However, there was a categorical reversal in sentiment, stocks plunged, intra-day volatility surged to its highest level since April, and Nvidia’s share price shed 3%. … - [Panic Stations Crypto and Bitcoin Down 5%](https://todaymarkets.ae/panic-stations-crypto-and-bitcoin-down-5/): The cryptocurrency market is in panic today, with Bitcoin losing around 4.5 percent and Ethereum nearly 6 percent. The cryptocurrency market is in full panic today. Bitcoin is losing around 4.5 percent, dropping to about 84,000 USD, while other cryptocurrencies are experiencing even larger declines, ranging from approximately 5 percent to over 16 percent. Ethereum … - [Silver Falls on Fed Rate Hold Bets](https://todaymarkets.ae/silver-falls-on-fed-rate-hold-bets/): Silver slipped below $50 per ounce on Friday, falling for a second consecutive session amid expectations that the US Federal Reserve will refrain from cutting interest rates in December as policymakers navigate economic uncertainties. The delayed US nonfarm payrolls report released on Thursday showed mixed signals, with employment growth accelerating in September, but the unemployment … - [India Manufacturing Growth Softest in 9 Months](https://todaymarkets.ae/india-manufacturing-growth-softest-in-9-months/): The HSBC India Manufacturing PMI fell to 57.4 in November 2025 from October’s 59.2, below forecasts of 59. This indicates the slowest improvement in factory activity since February, though the sector remained comfortably above its long-run average. Factory output rose at the softest pace since May, reflecting weaker new order intakes and subdued domestic demand. … - [USD/CAD dips below 1.4100; downside seems limited amid bullish USD, sliding Oil prices](https://todaymarkets.ae/usd-cad-dips-below-1-4100-downside-seems-limited-amid-bullish-usd-sliding-oil-prices/): The USD/CAD pair drifts lower during the Asian session on Friday and now seems to have snapped a two-day winning streak to a nearly two-week high, levels just above the 1.4100 mark, touched the previous day. Spot prices, however, bearish conviction and remain on track to register strong weekly gains amid the underlying bullish sentiment … - [EUR/USD moves higher to near 1.1550 ahead of HCOB PMI data](https://todaymarkets.ae/eur-usd-moves-higher-to-near-1-1550-ahead-of-hcob-pmi-data/): EUR/USD edges higher after a flat previous day, trading around 1.1540 during the Asian hours on Friday. Traders await preliminary HOCB Purchasing Managers Index (PMI) data for November from Germany and the Eurozone due later in the day. Focus will be shifted toward the US S&P Global PMI data later in the North American session. The EUR/USD … - [EUR/JPY edges lower below 181.50 as Japan unveils stimulus package](https://todaymarkets.ae/eur-jpy-edges-lower-below-181-50-as-japan-unveils-stimulus-package/): The EUR/JPY cross declines to around 181.40 during the early European session on Friday. The Japanese Yen (JPY) strengthens against the Euro (EUR) in the wake of Japan’s Cabinet approving the 21.3 trillion yen economic stimulus package. Traders await the preliminary reading of HCOB Purchasing Managers Index (PMI) reports from the Eurozone, Germany, and France for fresh impetus.  … - [Australian Dollar holds ground as Australia Manufacturing PMI rises in November](https://todaymarkets.ae/australian-dollar-holds-ground-as-australia-manufacturing-pmi-rises-in-november/): The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday after two days of losses. The AUD/USD pair gains ground following the preliminary reading of Australia’s S&P Global Purchasing Managers Index (PMI). S&P Global Manufacturing PMI came in at 51.6 in November versus 49.7 prior. Meanwhile, Services PMI rose to 52.7 in November from the … - [WTI falls to $58.00 as Ukraine–Russia tensions ease, sanctions eyed](https://todaymarkets.ae/wti-falls-to-58-00-as-ukraine-russia-tensions-ease-sanctions-eyed/): West Texas Intermediate (WTI) Oil price extends its losses for the third consecutive session, trading around $ 58.00 per barrel during the Asian hours on Friday. Crude Oil prices slip as easing Ukraine–Russia tensions raise the possibility of reduced sanctions on Russian Oil, potentially boosting global supply. Sentiment turned bearish this week as Washington pushed for a … - [Gold remains depressed as reduced Fed rate cut bets offset weaker risk tone](https://todaymarkets.ae/gold-remains-depressed-as-reduced-fed-rate-cut-bets-offset-weaker-risk-tone/): Gold (XAU/USD) attracts fresh sellers during the Asian session on Friday, though it remains confined in the weekly range amid mixed fundamental cues. Chances of another rate cut by the Federal Reserve (Fed) in December declined further following the delayed release of the September US Nonfarm Payrolls (NFP) report on Thursday. This assists the US Dollar (USD) in … - [USD/INR trades steadily ahead of India/US flash PMI data](https://todaymarkets.ae/usd-inr-trades-steadily-ahead-of-india-us-flash-pmi-data/): The Indian Rupee (INR) opens calmly against its major peers on Friday ahead of India’s preliminary HSBC Purchasing Managers’ Index (PMI) data for November, which will be published at 05:00 GMT (10:30 IST). Investors will pay close attention to India’s private sector PMI figures to get cues about the impact of Goods and Services Tax … - [Japanese Yen sticks to recovery gains as Japan’s cabinet approves stimulus package](https://todaymarkets.ae/japanese-yen-sticks-to-recovery-gains-as-japans-cabinet-approves-stimulus-package/): The Japanese Yen (JPY) sticks to modest intraday recovery gains against its American counterpart through the Asian session on Friday, though any meaningful appreciation seems elusive. Comments from Japan’s Finance Minister Satsuki Katayama fueled speculations that authorities would step in to stem further JPY weakness. Apart from this, a generally weaker tone around the equity … - [South Korean Stocks Slide Amid AI Valuation Concerns](https://todaymarkets.ae/south-korean-stocks-slide-amid-ai-valuation-concerns/): The benchmark KOSPI slumped 3.25% to around 3,875 on Friday, reversing gains from the previous session as selling pressure re-intensified across the market. Renewed weakness in major tech names dragged the index lower, as concerns over stretched AI valuations resurfaced. The drop followed a similar shift in the US, where an initial Nvidia-driven rebound faded … - [Dollar Set for Weekly Gain](https://todaymarkets.ae/dollar-set-for-weekly-gain/): The dollar index held above 100 on Friday, poised to rise nearly 1% for the week amid expectations that the Federal Reserve will refrain from cutting interest rates in December, with a mixed US jobs report having little impact on the outlook. The delayed nonfarm payrolls report, released Thursday, showed employment growth accelerated in September, … - [China Stocks Drop on Tech Selloff](https://todaymarkets.ae/china-stocks-drop-on-tech-selloff/): The Shanghai Composite fell 1.6% to around 3870, while the Shenzhen Component dropped 2.8% to 12,620 on Friday, pushing mainland stocks to multi-week lows as Chinese technology and AI-linked shares joined a global selloff. Selling pressure spilled over from Wall Street, where concerns about an AI bubble persisted and stronger-than-anticipated US employment growth reinforced expectations … - [Hong Kong Stocks Under Pressure After Wall Street Tumble](https://todaymarkets.ae/hong-kong-stocks-under-pressure-after-wall-street-tumble/): Hong Kong shares plunged 646 points, or 2.5%, to 25,191 in early Friday trade, extending bearish momentum since last week and hitting an over one-month low amid a broad-based selloff. A sharp overnight slide on Wall Street pressured sentiment, as U.S. jobs data failed to clarify the near-term interest-rate outlook. The Hang Seng is on … - [Japan 10Y Yield Slips Ahead of Stimulus Announcement](https://todaymarkets.ae/japan-10y-yield-slips-ahead-of-stimulus-announcement/): Japan’s 10-year government bond yield slipped to around 1.78% on Friday, down from a 17-high of 1.84% in the previous session, as investors braced for the announcement of a massive stimulus package from Prime Minister Sanae Takaichi’s government, expected to exceed 20 trillion yen. Lawmakers from the ruling Liberal Democratic Party have even proposed a … - [Bitcoin Hits Seven-Month Low](https://todaymarkets.ae/bitcoin-hits-seven-month-low/): Bitcoin fell toward $85,000 on Friday, marking its lowest level since April as a global selloff in technology stocks, driven by renewed concerns over the artificial intelligence sector, spread to risk assets including cryptocurrencies. Global equities had a brief relief rally on Thursday following blowout earnings from AI bellwether Nvidia, but gains quickly reversed amid … - [Gold climbs to record high above $3,800 as US inflation data fuels Fed rate cut hopes](https://todaymarkets.ae/gold-climbs-to-record-high-above-3800-as-us-inflation-data-fuels-fed-rate-cut-hopes/): The Gold price (XAU/USD) extends its upside to a record high above the $3,800 psychological level during the Asian session on Monday. The precious metal edges higher after the US inflation data came in line with expectations, reinforcing bets that the US Federal Reserve (Fed) may continue with interest rate cuts later this year. Lower interest rates … - [Trade of The Day - US500](https://todaymarkets.ae/trade-of-the-day-us500/): Facts Recommendation Opinion Stronger U.S. macroeconomic data should support a bull market in equities. Yesterday’s comments from Donald Trump, in a sense, suggest that next year the Fed will not “fear cutting rates” despite robust U.S. economic data and will show greater tolerance for inflationary risk. The priority would shift toward lowering debt servicing costs. For the … - [Coffee Rebounds 2.5% on Falling ICE Inventories](https://todaymarkets.ae/coffee-rebounds-2-5-on-falling-ice-inventories/): Futures on Arabica Coffee (COFFEE) on ICE are trading nearly 2.5% higher today, making them the best-performing agricultural commodity. The primary driver of this rally is a significant drop in coffee inventories at the Intercontinental Exchange (ICE). Last week, coffee futures pulled back to one-month lows on forecasts of increased rainfall in Brazil’s key Minas Gerais region. However, the latest … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd/): The euro is today the strongest G10 currency, rebounding about 0.15% against the dollar after two days of the deepest correction in two months. Nevertheless, EURUSD still trades below the psychological level of 1.1700, and the recent upward trend may be challanged by the latest U.S. GDP data and Donald Trump’s new wave of tariffs. EURUSD … - [China Stocks Fall on New US Tariffs](https://todaymarkets.ae/china-stocks-fall-on-new-us-tariffs/): The Shanghai Composite slipped 0.3% to around 3,840 while the Shenzhen Component lost 0.7% to 13,350 on Friday, snapping a two-day advance after US President Donald Trump announced a 100% tariff on pharmaceutical imports, a 25% levy on heavy trucks and duties of up to 50% on furniture. Profit-taking also weighed on high-flying technology shares … - [US 10-Year Yield Steady Ahead of PCE Data](https://todaymarkets.ae/us-10-year-yield-steady-ahead-of-pce-data/): The 10-year US Treasury yield held above 4.17% on Friday after two straight days of gains, as investors awaited the PCE price index, the Federal Reserve’s preferred inflation gauge, for fresh policy guidance. On Thursday, weekly jobless claims fell by 14K to 218K, well below forecasts, suggesting firms remain hesitant to cut staff. Revised GDP … - [Sensex Extends Losses but Set for Monthly Gain](https://todaymarkets.ae/sensex-extends-losses-but-set-for-monthly-gain/): Indian equities fell 274 points, or 0.3%, to 80,885 in morning trade on Friday, marking a sixth consecutive session of losses and the lowest level in over two weeks. The decline followed renewed concerns over US trade policy, after President Donald Trump announced a 100% tariff on branded drugs and a 25% levy on heavy-duty … - [Sweden Trade Deficit Widens in August](https://todaymarkets.ae/sweden-trade-deficit-widens-in-august/): Sweden’s trade deficit widened to SEK 8.9 billion in August 2025, compared with SEK 6.3 billion in the same month a year earlier. Exports fell by 5.1% year-on-year to SEK 144.0 billion, marking the lowest level in more than three and a half years, weighed down by weaker sales to both EU countries (-9.4% to … - [Brent Poised for Strong Weekly Gain](https://todaymarkets.ae/brent-poised-for-strong-weekly-gain/): Brent crude futures rose toward $70 per barrel on Friday, hovering near an eight-week high and set for its strongest weekly gain since early June, as conflict-related pressures on Russian oil spurred supply concerns. US President Donald Trump urged Turkish President Recep Tayyip Erdogan to halt oil imports from Russia to increase constraints on Moscow … - [Silver Retreats on Dollar Strength](https://todaymarkets.ae/silver-retreats-on-dollar-strength/): Silver slipped below $45 per ounce on Friday, easing from 14-year highs as the dollar strengthened following upbeat US data that tempered bets for deeper Federal Reserve rate cuts. Thursday’s reports showed weekly jobless claims fell to 218K, highlighting labor market resilience, while second-quarter GDP growth was revised sharply higher to an annualized 3.8%, the … - [Palm Oil Poised for Modest Weekly Gain](https://todaymarkets.ae/palm-oil-poised-for-modest-weekly-gain/): Malaysian palm oil futures were little changed, trading near MYR 4,440 after rising in the previous two sessions. Support from stronger Dalian oils and higher crude oil prices was offset by weakness in Chicago soyoil. Market participants also assessed the EU’s decision to delay its anti-deforestation law for a second time, postponing the ban on … - [Iron Ore Slips as EU Targets China Steel](https://todaymarkets.ae/iron-ore-slips-as-eu-targets-china-steel/): Iron ore futures dropped below CNY 800 per ton on Friday, hitting a two-week low after reports that the European Commission plans to impose steep tariffs of 25%–50% on Chinese steel imports and related products in the coming weeks. The move aims to curb inflows and shield domestic producers as global overcapacity continues to squeeze … - [Steel Prices Weaken on Prospect of EU Tariffs](https://todaymarkets.ae/steel-prices-weaken-on-prospect-of-eu-tariffs/): Steel rebar futures fell to around CNY 3,060 per ton on Friday, a two-week low, after reports that the European Commission plans to impose steep tariffs of 25%–50% on Chinese steel imports and related products in the coming weeks. The measure seeks to limit inflows and protect domestic producers as global overcapacity continues to pressure … - [GBP/USD stays near 1.3350 as traders adopt caution due to UK inflation risks](https://todaymarkets.ae/gbp-usd-stays-near-1-3350-as-traders-adopt-caution-due-to-uk-inflation-risks/): GBP/USD holds ground after two days of losses, trading around 1.3350 during the Asian hours on Friday. The downside of the pair could be restrained as the Pound Sterling (GBP) may gain ground on the United Kingdom’s (UK) inflation risks and the uncertain Bank of England’s (BoE) policy stance. BoE policymaker Megan Greene urged caution on rate cuts, … - [EUR/GBP drifts higher to near 0.8750 on UK fiscal concerns  ](https://todaymarkets.ae/eur-gbp-drifts-higher-to-near-0-8750-on-uk-fiscal-concerns/): The EUR/GBP cross extends the rally to near 0.8745 during the early European trading hours on Friday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as traders expect an end to the current rate-cutting cycle from the European Central Bank (ECB). Later on Friday, the ECB policymakers Piero Cipollone and José Luis Escrivá are scheduled to speak.  According to a … - [EUR/USD strengthens above 1.1650 ahead of US PCE inflation data](https://todaymarkets.ae/eur-usd-strengthens-above-1-1650-ahead-of-us-pce-inflation-data/): The EUR/USD pair recovers some lost ground around 1.1680 during the Asian trading hours on Friday, bolstered by a weaker US Dollar (USD). Markets might turn cautious later in the day ahead of the key US August Personal Consumption Expenditures (PCE) Price Index report.  Traders continue to assess mixed signals from Federal Reserve (Fed) policymakers. Kansas City Fed President Jeffrey Schmid … - [USD/CHF trades firmly near 0.8000 ahead of US PCE inflation data](https://todaymarkets.ae/usd-chf-trades-firmly-near-0-8000-ahead-of-us-pce-inflation-data/): The USD/CHF pair demonstrates strength near its over two-week high around 0.8000 during Friday’s late Asian session, posted on Thursday. The Swiss Franc pair gained sharply on Thursday as the US Dollar (USD) extended its upside, following the release of the upbeat revised United States (US) Q2 Gross Domestic Product (GDP) and a decline in Initial Jobless Claims for … - [AUD receives support from RBA caution, US PCE inflation data awaited](https://todaymarkets.ae/aud-receives-support-from-rba-caution-us-pce-inflation-data-awaited/): The Australian Dollar (AUD) holds ground against the US Dollar (USD) on Friday after two days of losses. The AUD/USD pair depreciated as the Greenback received support from the stronger-than-expected economic data from the United States (US). The AUD also faced downward pressure from risk aversion after the US President Donald Trump shared plans to impose a … - [JPY strengthens amid softer risk tone, modest USD downtick ahead of US PCE data](https://todaymarkets.ae/jpy-strengthens-amid-softer-risk-tone-modest-usd-downtick-ahead-of-us-pce-data/): The Japanese Yen (JPY) recovers slightly from a three-week low touched against its American counterpart during the Asian session on Friday, though the upside seems capped. US President Donald Trump announced a new round of punishing tariffs on a broad range of imported goods, tempering investors’ appetite for riskier assets amid persistent geopolitical risks. This, … - [GBP/JPY consolidates below 200.00; JPY strength and UK fiscal concerns cap the upside](https://todaymarkets.ae/gbp-jpy-consolidates-below-200-00-jpy-strength-and-uk-fiscal-concerns-cap-the-upside/): The GBP/JPY cross lacks any firm intraday directional bias on Friday and seesaws between tepid gains/minor losses, below the 200.00 psychological mark through the Asian session amid mixed cues. A modest US Dollar (USD) pullback from a three-week high benefits the British Pound (GBP) and supports spot prices, though the emergence of some buying around … - [US Dollar Index Could target ascending channel’s upper boundary near 99.00](https://todaymarkets.ae/us-dollar-index-could-target-ascending-channels-upper-boundary-near-99-00/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding losses after two days of gains and trading around 98.40 during the Asian hours on Friday. The technical analysis of the daily chart shows the dollar index moving upwards within the ascending channel pattern, suggesting that bullish bias … - [USD/INR trades flat despite Trump imposing 100% tariffs on pharmaceutical imports](https://todaymarkets.ae/usd-inr-trades-flat-despite-trump-imposing-100-tariffs-on-pharmaceutical-imports/): The Indian Rupee (INR) trades broadly stable around 88.90 against the US Dollar (USD) on Friday. The USD/INR pair is expected to move higher as United States (US) President Donald Trump has announced fresh tariffs on pharmaceuticals, which will come into effect on October 1. On Thursday, US President Trump stated through a post on Truth.Social that … - [EUR/JPY trades with mild gains above 174.50 amid softer Japan Tokyo CPI data](https://todaymarkets.ae/eur-jpy-trades-with-mild-gains-above-174-50-amid-softer-japan-tokyo-cpi-data/): The EUR/JPY cross trades in positive territory around 174.80 during the early European session on Friday. The Japanese Yen (JPY) softens against the Euro (EUR) after a slight moderation of consumer inflation in Tokyo. The European Central Bank (ECB) policymakers are scheduled to speak later on Friday, including Piero Cipollone and José Luis Escrivá. Data released by the … - [USD/MXN holds losses near 18.50 following Banxico’s rate cut, US PCE Price Index eyed](https://todaymarkets.ae/usd-mxn-holds-losses-near-18-50-following-banxicos-rate-cut-us-pce-price-index-eyed/): USD/MXN depreciates after two days of gains, trading around 18.50 during the Asian hours on Friday. However, the pair may regain its ground as the Mexican Peso (MXN) may face challenges amid expectations of further rate cuts following a 25-basis-point rate cut by the Bank of Mexico (Banxico) on Thursday, as widely expected. Focus shifts … - [US core PCE inflation set to rise 2.9% YoY in August with Federal Reserve easing outlook in focus](https://todaymarkets.ae/us-core-pce-inflation-set-to-rise-2-9-yoy-in-august-with-federal-reserve-easing-outlook-in-focus/): The United States (US) Bureau of Economic Analysis (BEA) will publish the Personal Consumption Expenditures (PCE) Price Index data for August on Friday at 12:30 GMT.  The PCE index is closely watched by market participants because it is the Federal Reserve’s (Fed) preferred measure of inflation and could influence the policy outlook. Anticipating the PCE: Insights into … - [Gold holds steady amid Fed rate-cut bets, geopolitical risks and tariff worries](https://todaymarkets.ae/gold-holds-steady-amid-fed-rate-cut-bets-geopolitical-risks-and-tariff-worries/): Gold (XAU/USD) reverses a modest Asian session dip and currently trades just below the $3,750 level, nearly unchanged for the day amid a supportive fundamental backdrop. Investors seem convinced that the US Federal Reserve (Fed) will lower borrowing costs again in October and December. This, in turn, keeps a lid on the recent strong US Dollar (USD) rally … - [Live cattle futures closed with losses of $2 to $3.37](https://todaymarkets.ae/live-cattle-futures-closed-with-losses-of-2-to-3-37/): Live cattle futures closed Thursday with losses of $2 to $3.37. Cash trade has started to pick up this week, with a few $365 dressed sales in the North, down $5 on the week and live action at 232-235, $3-4 lower. Southern trade has been $237, down $3. The Thursday morning Fed Cattle Exchange online … - [Tightness in ICE Inventories Boosts Arabica Coffee Prices](https://todaymarkets.ae/tightness-in-ice-inventories-boosts-arabica-coffee-prices/): Coffee prices settled mixed on Thursday, with robusta falling sharply to a 6-week low.   Tight coffee inventories are supporting coffee prices.  However, robusta retreated on Thursday as the remnants of Typhoon Ragasa are forecast to miss the coffee-growing regions of Vietnam, easing concerns that heavy wind and rain could damage the country’s coffee crops. … - [Cocoa Prices Retreat as West African Cocoa Crop Prospects Improve](https://todaymarkets.ae/cocoa-prices-retreat-as-west-african-cocoa-crop-prospects-improve/): December ICE NY cocoa (CCZ25) on Thursday closed down -123 (-1.75%), and December ICE London cocoa #7 (CAZ25) closed down -49 (-1.00%). Cocoa prices settled lower on Thursday but remain above this week’s significant lows.  On Tuesday, NY cocoa fell to a 10.75-month low and London cocoa fell to a 2.25-month low as beneficial rains … - [Cotton Pushes Higher](https://todaymarkets.ae/cotton-pushes-higher/): Cotton futures posted slightly stronger trade on Thursday, closing with 1 to 11 point gains with now in deliveries October down 21 points. The US dollar index was back up $0.617 on the day to $98.135, with crude oil futures 25 cents higher.  Export Sales data from this morning showed just 86,094 RB of cotton … - [Soybeans on the Higher Side](https://todaymarkets.ae/soybeans-on-the-higher-side/): Soybeans rounded out Thursday trade with contracts fractionally to 3 ¼ cents higher, led by the front months. The cmdtyView national average Cash Bean price was 3 ½ cents higher at $9.36 1/4. Soymeal futures were down $1.10 to $3.10 to close the Thursday session, with Soy Oil futures 24 to 45 points higher. Argentina’s suspension of export taxes was … - [Corn Closed with Slight Gains](https://todaymarkets.ae/corn-closed-with-slight-gains/): Corn futures saw some back and forth trade on Thursday, but closed out the session with contracts up anywhere from ¼ to 1 ½ cents. The CmdtyView national average Cash Corn price was up 1 1/2 cents at $3.82 3/4. Export Sales data from this morning showed a total of 1.923 MMT of 2025/26 corn sold … - [CBT soft red wheat futures posted gains](https://todaymarkets.ae/cbt-soft-red-wheat-futures-posted-gains/): The wheat market took back the losses from Wednesday with gains across the three markets on Thursday. CBT soft red wheat futures posted gains of 5 ¼ to 7 ½ cents across the board on Thursday. KC HRW futures were back up 3 ¾ to 5 ½ cents on the session. MPLS spring wheat futures … - [Chart of The Day - EUR/CHF](https://todaymarkets.ae/chart-of-the-day-eur-chf/): The Swiss National Bank left its policy rate unchanged at 0%, marking a pause after a series of cuts since March 2024. Sight deposits will continue to be remunerated at 0% up to set thresholds, with amounts above that subject to a 0.25 percentage point discount. Policymakers emphasized readiness to act in FX markets if … - [Trade of The Day - OIL.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti-2/): Facts:  Recommendation:Trade: SHORT on OIL.WTI at market priceTarget: TP1 – 63.2000, TP2 – 61.6500Stop: SL1 – 66.1000 Opinion: The WTI oil price on the daily interval has approached the upper limit of the medium-term consolidation, and the RSI indicator is reaching levels where corrections have occurred in recent weeks. Due to the anticipated price correction, … - [GBP/USD edges higher above 1.3450 as traders await Fedspeak, key US data](https://todaymarkets.ae/gbp-usd-edges-higher-above-1-3450-as-traders-await-fedspeak-key-us-data/): The GBP/USD pair recovers some lost ground to around 1.3460 during the Asian trading hours on Thursday. The US Dollar (USD) weakens against the Pound Sterling (GBP) as traders await more cues from the Fedspeak later on Tuesday. Also, the final print of the US Gross Domestic Product (GDP) growth for the second quarter (Q2), Durable … - [USD/INR corrects as Indian Rupee rebounds, outlook remains positive](https://todaymarkets.ae/usd-inr-corrects-as-indian-rupee-rebounds-outlook-remains-positive/): The Indian Rupee (INR) opens on a slightly positive note against the US Dollar (USD) on Thursday. The USD/INR pair corrects to near 88.80 from the all-time high of 89.12 posted on Wednesday. However, the outlook of the pair remains firm as the continuous outflow of foreign funds from the Indian stock market in the … - [When is the SNB Interest Rate Decision and how could it affect USD/CHF?](https://todaymarkets.ae/when-is-the-snb-interest-rate-decision-and-how-could-it-affect-usd-chf/): SNB Interest Rate Decision Overview The Swiss National Bank (SNB) interest rate decision is scheduled this Thursday, September 25, 2025, at 07:30 GMT, which will be followed by the post-meeting press conference at 08:00 GMT. The central bank is widely expected to leave its policy rate unchanged at 0.0% for the second straight meeting after … - [EUR/GBP remains steady near 0.8750, eyes on German Consumer Confidence](https://todaymarkets.ae/eur-gbp-remains-steady-near-0-8750-eyes-on-german-consumer-confidence/): EUR/GBP moves little as traders adopt caution ahead of the German GfK Consumer Confidence Survey, trading around 0.8730 during the Asian hours on Thursday. However, the currency cross faced challenges as the Euro (EUR) weakened following Wednesday’s weaker-than-expected German business sentiment. The headline German IFO Business Climate Index unexpectedly fell to 87.7 in September from … - [JPY struggles to capitalize on intraday gains amid BoJ rate-hike uncertainty](https://todaymarkets.ae/jpy-struggles-to-capitalize-on-intraday-gains-amid-boj-rate-hike-uncertainty/): The Japanese Yen (JPY) sticks to the hawkish Bank of Japan (BoJ) Minutes-inspired gains through the Asian session on Thursday, though it lacks bullish conviction and remains close to a three-week low touched against the US Dollar (USD) the previous day. Investors remain concerned that domestic political uncertainty and economic headwinds stemming from US tariffs … - [AUD/JPY - Constructive outlook remains in play above 98.00](https://todaymarkets.ae/aud-jpy-constructive-outlook-remains-in-play-above-98-00/): The AUD/JPY cross trades flat near 98.05 during the early European session on Thursday. Minutes from the Bank of Japan’s (BoJ) July meeting revealed that board members expect the central bank to keep hiking if inflation and the economy move as estimated. The hawkish tone from the BoJ meeting Minutes could underpin the JPY in … - [GBP/JPY ticks down to near 200.00, investor await Tokyo CPI data](https://todaymarkets.ae/gbp-jpy-ticks-down-to-near-200-00-investor-await-tokyo-cpi-data/): The GBP/JPY pair edges lower to near 200.00 during the late Asian trading session on Thursday. The pair ticks down as the Japanese Yen (JPY) trades higher, following the release of the Bank of Japan (BoJ) Monetary Policy minutes of the July meeting released earlier in the day. BoJ minutes signaled growing acceptance among policymakers … - [Gold remains confined in a range as traders await Fed signals; $3,700 holds the key](https://todaymarkets.ae/gold-remains-confined-in-a-range-as-traders-await-fed-signals-3700-holds-the-key/): Gold (XAU/USD) extends its sideways consolidative price below below the $3,750 level through the Asian session on Thursday, though it manages to hold above the previous day’s swing low. Federal Reserve (Fed) Chair Jerome Powell’s cautious remarks earlier this week might have tempered market expectations for a more aggressive policy easing and acted as a headwind for … - [ETH retest $4,000 as its funding rates flips negative](https://todaymarkets.ae/eth-retest-4000-as-its-funding-rates-flips-negative/): Ethereum price today: $4,150 Ethereum (ETH) bounced off the $4,000 support on Wednesday as its funding rates flipped negative amid steady outflows in ETFs tracking its price. ETH funding rates indicate rising short positioning Ethereum funding rates turned negative on Wednesday, marking the second time this week, after flashing red on Monday following the large leverage … - [Copper Extends Gains on Supply Concerns](https://todaymarkets.ae/copper-extends-gains-on-supply-concerns/): Copper futures climbed to a near two-month high above $4.82 per pound on Thursday, extending the prior session’s rally after Freeport-McMoRan declared force majeure on output from its Grasberg mine in Indonesia, the world’s second-largest copper source. The decision followed a September 8 accident that killed two workers and left five missing after a massive … - [Silver Holds Steady Ahead of US Data](https://todaymarkets.ae/silver-holds-steady-ahead-of-us-data/): Silver traded just below $44 per ounce on Thursday, hovering near a 14-year high as investors awaited key US jobs and inflation data to shape the Federal Reserve’s policy outlook. Weekly jobless claims are due later today, followed by Friday’s PCE price index release. Recent Fed commentary has muddied expectations for further easing, with traders … - [Russia Tweaks 2025 Energy Forecast: Gas Down, Oil Up](https://todaymarkets.ae/russia-tweaks-2025-energy-forecast-gas-down-oil-up/): Russia has revised its 2025 energy outlook, cutting forecasts for gas exports and production while raising oil export projections, amid ongoing fallout from its war in Ukraine and deteriorating relations with the West. Russian gas now makes up just 18% of EU imports, down sharply from 45% in 2021, while oil imports have plunged to … - [Russia to Raise VAT to 22% in 2026 as Budget Deficit Widens](https://todaymarkets.ae/russia-to-raise-vat-to-22-in-2026-as-budget-deficit-widens/): Russia’s finance ministry proposed raising the value-added tax (VAT) rate to 22% from 20% in 2026 to fund military spending and help curb a swelling budget deficit, in what would be the fifth year of the war in Ukraine, Reuters reported. The proposal comes as US President Trump called Russia a “paper tiger” for “fighting … - [US Futures Steady After 2-Day Slide](https://todaymarkets.ae/us-futures-steady-after-2-day-slide/): US stock futures held firm on Thursday after major indexes fell for two consecutive sessions, weighed down by weakness in AI leaders, mixed Federal Reserve signals, and profit-taking near record highs. In extended trading, Intel gained over 2% on reports it approached Apple about a potential investment. During Wednesday’s session, the Dow slipped 0.37%, the … - [South Korean Won Strengthens on FX Swap Talks](https://todaymarkets.ae/south-korean-won-strengthens-on-fx-swap-talks/): The South Korean won rose to around 1,400 per dollar on Thursday, rebounding notably from recent lows as optimism built around Seoul’s tariff negotiations with Washington and the possibility of a dollar swap line. US officials confirmed that a swap line with Korea remains on the table, even as such tools are increasingly politicized under … - [China Stocks Extend Gains on Tech Boost](https://todaymarkets.ae/china-stocks-extend-gains-on-tech-boost/): The Shanghai Composite added 0.15% to around 3,860 while the Shenzhen Component advanced 1.2% to 13,515 on Thursday, with mainland equities rising for a second session on strength in high-growth technology shares. China’s ongoing drive in artificial intelligence lifted sentiment, with Alibaba announcing plans to launch its first data centers in Brazil, France and the … - [Australia 10-Year Yield Steady at Near 3-Week High](https://todaymarkets.ae/australia-10-year-yield-steady-at-near-3-week-high/): Australia’s 10-year government bond yield held steady at a near three-week high of 4.33% on Thursday, as investors reassessed the Reserve Bank’s policy outlook following a hotter-than-expected monthly inflation reading. Markets had already seen little chance of a rate cut next week, but have now also trimmed the chance of a November cut to 40% … - [China Pushes Yuan Bond Expansion in Hong Kong](https://todaymarkets.ae/china-pushes-yuan-bond-expansion-in-hong-kong/): The People’s Bank of China will introduce a series of measures to boost the development of yuan-denominated bonds in Hong Kong, according to Deputy Governor Zou Lan. Speaking at a financial forum on Thursday, Zou said the central bank will support foreign institutions in conducting repo transactions to improve yuan bond utilisation. Plans also include … - [US 10-Year Yield Steady Ahead of Key Data](https://todaymarkets.ae/us-10-year-yield-steady-ahead-of-key-data/): The yield on the 10-year Treasury held near 4.14% on Thursday after climbing in the prior session, as investors awaited crucial labor and inflation data to shape the Federal Reserve’s policy outlook. Weekly jobless claims due later today come amid mounting worries over labor market weakness and rising layoffs, while Friday’s PCE price index will … - [Japan 10-Year Yield Steady After BOJ Minutes](https://todaymarkets.ae/japan-10-year-yield-steady-after-boj-minutes/): Japan’s 10-year government bond yield hovered around 1.65% on Thursday, holding near 17-year highs after minutes from the Bank of Japan’s July meeting signaled that policymakers remain inclined to raise interest rates if economic and price conditions develop as expected. At its September meeting, the BOJ kept rates unchanged but saw two dissents, underscoring the … - [Offshore Yuan Rebounds on PBoC Fixing](https://todaymarkets.ae/offshore-yuan-rebounds-on-pboc-fixing/): The offshore yuan rose to around 7.13 per dollar on Thursday, paring back significant losses from the previous session, after the People’s Bank of China set a stronger-than-expected daily reference rate. Prior to the market opening, the central bank set the reference rate at 7.1118 per dollar, firmer than Reuters’ estimate of 7.1293. Market sentiment … - [EU Passenger Car Registrations Rise 5.3% in August](https://todaymarkets.ae/eu-passenger-car-registrations-rise-5-3-in-august/): Passenger car registrations in the European Union climbed by 5.3% yoy to 677,786 units in August 2025, following a 7.4% gain in July. This marked the 2nd consecutive month of growth, mainly driven by increases in three of the EU’s four largest markets: Spain (17.2%), Germany (5.0%), and France (2.2%). Conversely, registrations in Italy declined … - [Palm Oil Extends Gains](https://todaymarkets.ae/palm-oil-extends-gains/): Malaysian palm oil futures climbed nearly 1% to above MYR 4,400 per tonne, marking advances for the second consecutive session on support from a weaker ringgit and strength in rival edible oils on the Dalian and Chicago exchanges. Export momentum also strengthened, with cargo surveyors reporting shipments rising 8.3%–8.7% in the first 20 days of … - [Cattle Retreat](https://todaymarkets.ae/cattle-retreat/): Live cattle futures were pulling back on the Wednesday session with contracts $1.50 to $2.20 lower at the close. Cash trade has been quiet so far this week, with a few sparse $365 dressed sales in the North. The Wednesday morning Fed Cattle Exchange online auction showed no sales on the 2,144 head offered, with … - [Cocoa Prices Close Higher on Tighter Inventories](https://todaymarkets.ae/cocoa-prices-close-higher-on-tighter-inventories/): December ICE NY cocoa (CCZ25) on Wednesday closed up +56 (+0.80%), and December ICE London cocoa #7 (CAZ25) closed up +33 (+0.68%). Cocoa prices settled higher on Wednesday, finding support from signs that recent low prices have started to spur demand from commercial buyers and end-users. Also, tighter cocoa inventories are supportive for prices after … - [Coffee Price Surge as ICE Inventories Shrink](https://todaymarkets.ae/coffee-price-surge-as-ice-inventories-shrink/): December arabica coffee (KCZ25) on Wednesday closed up +17.60 (+5.03%), and November ICE robusta coffee (RMX25) closed up +101 (+2.45%). Coffee prices rallied sharply on Wednesday.  The 50% tariffs imposed on US imports from Brazil have led to a sharp drawdown in ICE coffee inventories, a bullish factor for coffee prices.  ICE-monitored arabica inventories fell … - [Cotton Falls Back](https://todaymarkets.ae/cotton-falls-back/): Cotton futures posted losses on Wednesday, with contracts falling 45 to 50 points in the front months. The outside markets were mixed, as the US dollar index was back up $0.617 on the day to $97.510 with crude oil futures $1.40 higher. Tuesday’s online auction from The Seam showed 910 sales at an average price of … - [Soybeans Slip Lower ](https://todaymarkets.ae/soybeans-slip-lower/): Soybeans closed out Wednesday with losses of 1 to 3 ¼ cents across the board, pulling off the early session gains. The cmdtyView national average Cash Bean price was 2 cents lower at $9.33 3/4. Soymeal futures were down $1 to $3.40 on the day, with Soy Oil futures closing 1 to 6 points lower. A private export sale of … - [Corn Closes Lower Despite More Export Business](https://todaymarkets.ae/corn-closes-lower-despite-more-export-business/): Corn futures posted losses of 1 to 2 cents across most contracts to close out the Wednesday session. The CmdtyView national average Cash Corn price was down 2 cents at $3.80 1/4. USDA reported a private export sale of 312,956 MT of corn to Mexico on this morning, all for 2025/26. Export Sales data via the … - [Wheat Heads Lower](https://todaymarkets.ae/wheat-heads-lower/): The wheat market was in retreat mode late on Wednesday. CBT soft red wheat futures were steady to down a penny at the close. KC HRW futures fell back by 3 to 4 3/4 cents on the session. MPLS spring wheat futures closed the day with contracts off the highs and near unchanged in the … - [BlackRock’s Bitcoin ETF: Bearish sentiment in IBIT stays strong for two straight months](https://todaymarkets.ae/blackrocks-bitcoin-etf-bearish-sentiment-in-ibit-stays-strong-for-two-straight-months/): What to know Key metric tied to BlackRock’s Nasdaq-listed spot  exchange-traded fund, IBIT, has been flashing warning signs for two straight months.IBIT’s one-year put-call skew, a measure of market sentiment or pessimism, flipped positive on July 25 and has remained comfortably above zero since then, according to data source Market Chameleon. That’s two straight months of bearish put … - [Bitcoin, Ethereum, XRP pare losses as whale selling continues](https://todaymarkets.ae/bitcoin-ethereum-xrp-pare-losses-as-whale-selling-continues/): Bitcoin (BTC) is paring intraday losses, trading above $112,500 at the time of writing on Wednesday. Due to extreme volatility this week, the BTC price dipped to $111,042 earlier in the day amid intense risk-off sentiment, particularly among the whales.  If the short-term support at $111,868 holds, Bitcoin could steady its recovery toward $116,000, but … - [Chart of The Day - AUD/JPY](https://todaymarkets.ae/chart-of-the-day-aud-jpy/): AUDJPY rebounds bullishly by 0.7%, with yen giving up the most against the Australian dollar among all G10 currencies. Dynamic appreciation of AUDJPY has been motivated by trend-supporting data from both economies, particularly higher monthly inflation reading in Australia that caps expectations for further monetary easing in the country. AUDUSD rebounds from the lower bound … - [Palm Oil Stabilizes on Bargain Hunting, Rising Exports](https://todaymarkets.ae/palm-oil-stabilizes-on-bargain-hunting-rising-exports/): Malaysian palm oil futures held near MYR 4,350 per tonne after a 2% decline in the previous session to a six-week low. The recovery was supported by bargain hunting, a weaker ringgit, and firmer crude oil prices amid tightening global supply. Market sentiment also benefited from reports that the European Union will postpone enforcement of … - [Iron Ore Extends Losses for Third Session](https://todaymarkets.ae/iron-ore-extends-losses-for-third-session/): Iron ore futures fell below CNY 802 per ton on Wednesday, marking a third consecutive decline amid persistent concerns over market fundamentals. Analysts noted that prices remain pressured by weak steel mill margins and ample seaborne supply. China’s end-use steel demand also contracted in the third quarter, offsetting earlier strength in manufacturing-related consumption. At the … - [USD/CAD holds gains near 1.3850 amid increased risk aversion](https://todaymarkets.ae/usd-cad-holds-gains-near-1-3850-amid-increased-risk-aversion/): USD/CAD extends its winning streak for the third consecutive day, trading around 1.3840 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) receives support from increased risk aversion, driven by the fresh tariff threats from US President Donald Trump against Russia. At the United Nations (UN) General Assembly on Tuesday, President … - [GBP/USD softens to near 1.3500 on weaker UK PMI data](https://todaymarkets.ae/gbp-usd-softens-to-near-1-3500-on-weaker-uk-pmi-data/): The GBP/USD pair loses ground to near 1.3510 during the early European session on Wednesday. The Pound Sterling (GBP) weakens against the US Dollar (USD) on downbeat UK S&P Global Purchasing Managers’ Index (PMI) data for September. The Bank of England (BoE) External Member Megan Greece is set to speak later on Wednesday.  Economic activity in the UK’s private … - [WTI holds losses near $63.50 despite growing supply concerns](https://todaymarkets.ae/wti-holds-losses-near-63-50-despite-growing-supply-concerns/): West Texas Intermediate (WTI) Oil price edges lower after registering more than 2% in the previous session, trading around $63.50 per barrel during the Asian hours on Wednesday. Crude Oil prices gained ground after the American Petroleum Institute’s (API) Weekly Statistical Bulletin (WSB) reported a drop in United States (US) crude inventories, heightening supply concerns. API data showed US … - [EUR/JPY Positive bias prevails, key upside barrier emerges near 175.00](https://todaymarkets.ae/eur-jpy-positive-bias-prevails-key-upside-barrier-emerges-near-175-00/): The EUR/JPY cross posts modest gains near 174.50 during the early European trading hours on Wednesday. The Japanese Yen (JPY) softens against the Euro (EUR) after the latest S&P Global flash Japan Manufacturing Purchasing Managers’ Index (PMI) fell at the fastest pace in six months in September.  Additionally, concerns over political uncertainty in Japan ahead … - [JPY weakens further against a broadly firmer USD; downside seems cushioned](https://todaymarkets.ae/jpy-weakens-further-against-a-broadly-firmer-usd-downside-seems-cushioned/): The Japanese Yen (JPY) extends its steady intraday descent against a broadly firmer US Dollar (USD) and lifts the USD/JPY pair to the 148.00 mark during the Asian session on Wednesday. A private survey showed this Wednesday that manufacturing sector activity in Japan fell at the fastest pace in six months in September. This comes … - [Gold remains close to all-time high amid Fed rate cut bets and geopolitical risks](https://todaymarkets.ae/gold-remains-close-to-all-time-high-amid-fed-rate-cut-bets-and-geopolitical-risks/): Gold (XAU/USD) reverses a modest Asian session dip to the $3,750 area and, for now, seems to have stalled its retracement slide from the all-time peak touched the previous day. Expectations for further interest rate cuts by the Federal Reserve (Fed), along with geopolitical uncertainties stemming from the intensifying Russia-Ukraine war and conflicts in the Middle East, … - [US Dollar Index rises to near 97.50 due to risk-off sentiment, Fed caution](https://todaymarkets.ae/us-dollar-index-rises-to-near-97-50-due-to-risk-off-sentiment-fed-caution/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after two days of losses and trading around 97.30 during the Asian hours on Wednesday. Traders await the upcoming US Q2 Gross Domestic Product Annualized and Personal Consumption Expenditures (PCE) Price Index data, the Federal Reserve’s preferred inflation … - [USD/CHF trades calmly around 0.7920, SNB’s interest rate policy comes under spotlight](https://todaymarkets.ae/usd-chf-trades-calmly-around-0-7920-snbs-interest-rate-policy-comes-under-spotlight/): The USD/CHF pair trades broadly calm around 0.7920 during the late Asian session on Tuesday. The Swiss Franc pair consolidates as the US Dollar (USD) wobbles after Federal Reserve (Fed) Chair Jerome Powell signaled caution on interest rate cuts amid growing risks to the dual mandate. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value … - [Gold Hovers Near Record High](https://todaymarkets.ae/gold-hovers-near-record-high/): Gold dipped to around $3,750 per ounce on Wednesday, but staying near the fresh record set in the previous session, as investors digested recent Federal Reserve commentary. Chair Jerome Powell struck a cautious tone, saying the Fed must balance persistent inflation with a weakening job market, describing it as “a challenging situation” and echoing last … - [Hong Kong Shares Inch Higher](https://todaymarkets.ae/hong-kong-shares-inch-higher/): Stocks in Hong Kong edged up 27 points, or 0.1%, to 26,186 in Wednesday morning trade, trying to reverse losses from the prior two sessions as most sectors advanced. Bargain hunting, particularly in property stocks, helped lift the market from its near two-week low. Investors were also encouraged by modest gains in China’s markets after … - [Offshore Yuan Weakens](https://todaymarkets.ae/offshore-yuan-weakens/): The offshore yuan weakened to around 7.11 per dollar on Wednesday, snapping a two-session winning streak as cautious remarks from Fed Chair Jerome Powell bolstered the US dollar. Powell emphasized that the central bank must carefully navigate the ongoing trade-off between stubborn inflation and a softening labor market—a policy dilemma he characterized as “a challenging … - [South Korean Won Falls Amid Tariff Concerns and Firm Dollar](https://todaymarkets.ae/south-korean-won-falls-amid-tariff-concerns-and-firm-dollar/): The South Korean won fell to around 1,394 per dollar on Wednesday, extending losses from the previous session as investors turned cautious over trade and monetary policy signals. President Lee Jae Myung, in a meeting with US Congress members in New York on Tuesday, warned that ongoing tariff negotiations with Washington were unsettling the foreign … - [China Stocks Extend Losses on Cautious Mood](https://todaymarkets.ae/china-stocks-extend-losses-on-cautious-mood/): The Shanghai Composite slipped 0.1% to below 3,820 and the Shenzhen Component fell 0.2% to 13,090 on Wednesday, marking a second straight decline as the absence of new policy support dampened sentiment. Profit-taking, particularly in artificial intelligence and related names, also weighed on the market. While signs of economic weakness persist, Beijing has so far … - [US 10-Year Yield Stabilizes After Powell Remarks](https://todaymarkets.ae/us-10-year-yield-stabilizes-after-powell-remarks/): The US 10-year Treasury yield steadied near 4.11% on Wednesday after falling about 5 basis points in the prior session, as Federal Reserve Chair Jerome Powell signaled caution on further policy easing. Powell said the rate-cut outlook remains uncertain as the Fed faces the challenge of containing inflation while supporting a softening labor market. He … - [Japan 10-Year Yield Holds Near 17-Year Peak](https://todaymarkets.ae/japan-10-year-yield-holds-near-17-year-peak/): Japan’s 10-year government bond yield held around 1.65% on Wednesday, staying close to 17-year highs as investors weighed the economic backdrop and policy outlook. Fresh data showed September manufacturing activity contracted at the sharpest pace in six months, while services growth slowed to a three-month low. Businesses remained cautious amid domestic uncertainty and shifting global … - [Sweden’s Anna Breman Selected as Next RBNZ Governor](https://todaymarkets.ae/swedens-anna-breman-selected-as-next-rbnz-governor/): New Zealand Finance Minister Nicola Willis on Wednesday announced the appointment of Anna Breman as the country’s new central bank governor, making her the first woman to hold the role. Breman, currently the First Deputy Governor of Sweden’s central bank, the Riksbank, will assume her position at the Reserve Bank of New Zealand (RBNZ) on … - [Australia 10-Year Yield Rises After Hot Monthly CPI Data](https://todaymarkets.ae/australia-10-year-yield-rises-after-hot-monthly-cpi-data/): Australia’s 10-year government bond yield rose toward 4.30% on Wednesday, its highest level in more than two weeks, as higher-than-expected monthly inflation data supported the case for interest rates to remain on hold. Annual headline inflation rose to a one-year high of 3% in August from 2.8% in July, slightly above market forecasts of 2.9%. … - [RBA Presses ASX for Governance Overhaul](https://todaymarkets.ae/rba-presses-asx-for-governance-overhaul/): The Reserve Bank of Australia on Wednesday said in a statement on its website that the Australian Securities Exchange must make “foundational changes” to its governance, culture, and risk management following last year’s trading settlement failure. It warned ASX’s clearing and settlement units still fall short of regulatory standards and pledged close oversight. “ASX is … - [Silver Hovers 14-Year High After Powell Comments](https://todaymarkets.ae/silver-hovers-14-year-high-after-powell-comments/): Silver stayed above $44 per ounce on Wednesday, hovering near a 14-year high as traders reassessed the Federal Reserve’s outlook following measured remarks from Chair Jerome Powell. Powell cautioned that the timing of rate cuts remains uncertain, stressing the Fed’s challenge in balancing inflation control with signs of labor market weakness. He also highlighted that … - [A Blow to Growth as U.K Private Sector Sinks but, Inflation May Have Peaked](https://todaymarkets.ae/a-blow-to-growth-as-u-k-private-sector-sinks-but-inflation-may-have-peaked/): The PMI surveys for September suggest that the third quarter was another weak one for the UK economy, however, there was also some good news on prices. Price rises moderated this month, which could shift the Bank of England back towards a dovish stance later this year.   The composite PMI sunk to 51.0, from … - [Commodity Talk - Oil, Natgas, Silver And Cocoa](https://todaymarkets.ae/commodity-talk-oil-natgas-silver-and-cocoa/): Crude Oil The supply surplus this year is very large, although we have not seen a corresponding significant increase in inventories. Source: Bloomberg Finance LP, XTB US crude oil inventories remain near last year’s levels and close to their five-year minimum. Source: Bloomberg Finance LP, XTB Crude oil remains under pressure and is currently testing … - [EURUSD Rebounds After Better Than Expected PMI Reading From Germany](https://todaymarkets.ae/10291-2/): Germany: HCOB Composite PMI: 52.4 (est 50.7; prev 50.5) – HCOB Manufacturing PMI Sep P: 48.5 (est 50.0; prev 49.8) – HCOB Services PMI: 52.5 (est 49.5; prev 49.3) In September, German business activity grew at its fastest pace in 16 months, with the HCOB Flash Germany Composite PMI rising to 52.4, mainly thanks to … - [France Services Sector Contracts More than Expected](https://todaymarkets.ae/france-services-sector-contracts-more-than-expected/): The HCOB France Services PMI fell to 48.9 in September 2025 from 49.8 in the previous month, worse than market expectations of 49.6, according to flash estimates. This marked the thirteenth consecutive month of contraction in the sector, primarily driven by a sharper decline in output following a period of stabilization midway through the third … - [Chart of The Day - OIL.WTI](https://todaymarkets.ae/chart-of-the-day-oil-wti/): OIL.WTI is under pressure today as Iraq’s federal government and the Kurdish regional government reached a breakthrough deal to restart crude oil exports through the key pipeline to Turkey, which has been shut since March 2023 due to a dispute over export revenues and legal rights. The initial agreement allows roughly 230,000 barrels per day … - [Economic Calendar - Preliminary PMI Data For September - Powell Speech](https://todaymarkets.ae/economic-calendar-preliminary-pmi-data-for-september-powell-speech/): We are starting the Tuesday session on financial markets. APAC exchanges closed mixed – Tokyo was shut for a holiday, Hang Seng declined, Shanghai Composite rose, and Australia finished lower; Wall Street futures are slightly up after a positive Monday, and Euro Stoxx 50 futures are modestly higher before the open. Sentiment was boosted by … - [EUR/USD pulls back from highs ahead of Eurozone business activity data](https://todaymarkets.ae/eur-usd-pulls-back-from-highs-ahead-of-eurozone-business-activity-data/): EUR/USD eases from highs, following a sharp rebound on Monday. The pair has returned below 1.1800, trading at 1.1795 at the time of writing, after hitting 1.1820 earlier on the day. Traders appear to have become cautious, awaiting the preliminary Purchasing Managers Index (PMI) figures and Fed Chairman Jerome Powell’s speech, both due later on the … - [Iron Ore Falls on Weak China Steel Demand](https://todaymarkets.ae/iron-ore-falls-on-weak-china-steel-demand/): Iron ore futures slipped below CNY 803 per ton on Tuesday, extending losses for a second session as China’s end-use steel demand slumped in the third quarter, offsetting earlier gains in manufacturing-related consumption. Authorities in the world’s top steel producer also plan to curb new capacity to address excess output and falling prices, contributing to … - [Steel Drops on Weak China Demand](https://todaymarkets.ae/steel-drops-on-weak-china-demand/): Steel rebar futures fell to around CNY 3,080 per ton on Tuesday, pulling back from near four-week highs as China’s end-use demand slumped in the third quarter despite earlier strength in manufacturing-related consumption. The world’s top producer also moved to curb new capacity to address oversupply and falling prices, adding to inventory buildup. Last month, … - [Indian Markets Slip for Third Straight Day](https://todaymarkets.ae/indian-markets-slip-for-third-straight-day/): The BSE Sensex dropped 251 points, or 0.3%, to 81,909 in morning trade on Tuesday, marking its third consecutive decline and hitting its lowest level in over a week. A sharp increase in H-1B visa costs continued to weigh on market sentiment. IT stocks were the main drag on the index, followed by pharmaceuticals and … - [U.S. and China in Final Talks on Major Boeing Aircraft Purchase](https://todaymarkets.ae/u-s-and-china-in-final-talks-on-major-boeing-aircraft-purchase/): The U.S. and China are in the final stages of talks on a major Boeing Co. aircraft order, U.S. Ambassador to China David Perdue said, according to Bloomberg News. Though he gave no details on the size, Perdue told reporters in Beijing—alongside a delegation of U.S. lawmakers—that an agreement could be reached soon. The deal … - [Hong Kong Shares Opens December Higher on Broad Gains](https://todaymarkets.ae/hong-kong-shares-opens-december-higher-on-broad-gains/): Hong Kong stocks advanced 185 points, or 0.7%, to 26,044 in morning trade on the first day of the final month of the year, rebounding from weakness in the prior session on widespread gains across sectors, led by property, consumer, and financials. Sentiment was supported by strength from Wall Street’s shortened Friday session amid optimism … - [Dollar Hovers Near 2-Week Low](https://todaymarkets.ae/dollar-hovers-near-2-week-low/): The dollar index hovered around 99.4 on Monday, near a two-week low, as investors positioned themselves for a crucial month that could see the Federal Reserve deliver its final rate cut of the year. Traders are now pricing in an 87% probability of a 25bps reduction at the Fed’s meeting next week, with expectations for … - [Chinese Stocks Rise Despite Weak Data](https://todaymarkets.ae/chinese-stocks-rise-despite-weak-data/): The Shanghai Composite rose 0.26% to around 3,900 and the Shenzhen Component added 0.9% to 13,100 on Monday, with both indices reaching over one-week highs as optimism over a potential US Fed rate cut outweighed soft factory activity data in China. A private survey showed China’s factory activity slipping back into contraction in November, reflecting … - [South Korean Stocks Dip Ahead of New KOSPI Levy](https://todaymarkets.ae/south-korean-stocks-dip-ahead-of-new-kospi-levy/): The benchmark KOSPI weakened 0.20% to around 3,918 per dollar on Monday, extending losses for another session as key sector weakness in producer manufacturing, consumer durables, and consumer non-durables weighed on large-cap stocks. Losses were led by Samsung Electronics (-0.30%), Hyundai Motor (-2.87%), Doosan Enerbility (-1.70%), HD Hyundai Heavy Industries (-3.55%), Hanwha Aerospace (-2.93%), and … - [BoJ to Assess Conditions for December Rate Hike](https://todaymarkets.ae/boj-to-assess-conditions-for-december-rate-hike/): The Bank of Japan is weighing the “pros and cons” of raising interest rates at its December 18–19 meeting, Governor Kazuo Ueda said in a speech Monday. With U.S. tariff risks fading, he noted the central bank’s economic and price projections are increasingly likely to be met, suggesting conditions for a hike are forming. Ueda … - [AUS 10-Year Yield Climbs to January Levels](https://todaymarkets.ae/aus-10-year-yield-climbs-to-january-levels/): Australia’s government bond yield climbed to around 4.55%, reaching its highest level since mid-January, supported by fading hopes of further policy easing. Latest data showed that the manufacturing PMI rose to a three-month high in November, while job ads declined at a slower pace. This follows last week’s persistently high inflation report, with the RBA’s … - [Japan 10-Year Yield Hits 2008 Peak](https://todaymarkets.ae/japan-10-year-yield-hits-2008-peak/): Japan’s 10-year government bond yield climbed toward 1.85%, reaching its highest level since June 2008, as expectations of a policy rate hike from the Bank of Japan continue to mount. The swap market now prices in roughly a 62% chance of a rate increase at the BOJ’s upcoming policy meeting on December 19, with expectations … - [Offshore Yuan Hovers Over One-Year Peak](https://todaymarkets.ae/offshore-yuan-hovers-over-one-year-peak/): The offshore yuan traded around 7.07 per USD, near its highest level since early October last year, as a broadly softer US dollar offset weak factory activity data in China. The softer greenback continued to support the currency, with investors looking ahead to a crucial month that could bring the Fed’s final rate cut of … - [Bitcoin Slides Back Toward April Lows](https://todaymarkets.ae/bitcoin-slides-back-toward-april-lows/): Bitcoin dropped more than 4% to around $86,000, moving back toward its lowest level since April, pressured by a renewed market selloff. The crypto market remains unsettled after weeks of selling pressure that began in early October, when roughly $19 billion in leveraged positions were liquidated, just days after Bitcoin hit an all-time high of … - [EUR/USD flirts with 200-day SMA hurdle, above 1.1600 amid a broadly weaker USD](https://todaymarkets.ae/eur-usd-flirts-with-200-day-sma-hurdle-above-1-1600-amid-a-broadly-weaker-usd/): The EUR/USD pair regains positive traction at the start of a new week and climbs back above the 1.1600 round figure during the Asian session. Bulls now await a move beyond a technically significant 200-day Simple Moving Average (SMA) before placing fresh bets and positioning for an extension of a one-week-old uptrend amid the prevalent … - [GBP/USD flat lines near 1.3250 amid UK budget relief](https://todaymarkets.ae/gbp-usd-flat-lines-near-1-3250-amid-uk-budget-relief/): The GBP/USD pair holds steady near 1.3245 during the Asian session on Monday as traders continue to digest the UK’s Autumn Budget. The potential downside for the major pair might be limited due to the rising expectations of a Federal Reserve (Fed) interest rate cut in the December meeting. The US November ISM Manufacturing Purchasing Managers Index (PMI) … - [XAG/USD rises to record high above $57.50, overbought RSI may limit gains](https://todaymarkets.ae/xag-usd-rises-to-record-high-above-57-50-overbought-rsi-may-limit-gains/): Silver price (XAG/USD) climbs to a fresh record high near $57.60 during the Asian trading hours on Monday. Silver has surged following the report about an outage on the Comex due to what the exchange operator CME calls a “cooling system failure.” Furthermore, the prospect of a US Federal Reserve (Fed) interest rate cut in the December policy … - [Japanese Yen climbs to over one-week top vs USD amid divergent BoJ-Fed expectations](https://todaymarkets.ae/japanese-yen-climbs-to-over-one-week-top-vs-usd-amid-divergent-boj-fed-expectations/): The Japanese Yen (JPY) jumps to a one-and-a-half-week top against a broadly weaker US Dollar (USD) during the Asian session on Monday. The latest comments from Bank of Japan (BoJ) Governor Kazuo Ueda reaffirmed bets for an imminent interest rate hike, pushing Japanese government bond (JGB) yields to their highest levels in years. The resultant narrowing of … - [WTI jumps to near $59.30 as OPEC+ agrees to halt Oil supply hikes](https://todaymarkets.ae/wti-jumps-to-near-59-30-as-opec-agrees-to-halt-oil-supply-hikes/): West Texas Intermediate (WTI) futures on NYMEX trade 1.7% higher around $59.30 during the Asian trading session on Monday. The Oil price attracts significant bids at open as the OPEC+ agrees to halt the Oil output increase from the first quarter of 2026. This year, the Oil price has remained under pressure as members of … - [USD/CAD rebounds above 1.3950 despite upbeat Canadian GDP data](https://todaymarkets.ae/usd-cad-rebounds-above-1-3950-despite-upbeat-canadian-gdp-data/): The USD/CAD pair recovers some lost ground to around 1.3980 during the Asian trading hours on Monday. The potential upside might be limited amid rising bets of a US Federal Reserve (Fed) rate cut this month. Traders brace for the US November ISM Manufacturing Purchasing Managers Index (PMI) report later on Monday for fresh impetus. Investors ramp up expectations … - [The Truth About AI Trading Bots - What Clients Need to Know Before Trusting Their Money](https://todaymarkets.ae/the-truth-about-ai-trading-bots-what-clients-need-to-know-before-trusting-their-money/): In recent years, the rise of “AI trading bots” and “AI-managed investment accounts” has created a wave of excitement—and unfortunately, a wave of misinformation. Many companies now promise effortless profits, fully automated trading, or guaranteed returns using artificial intelligence. But clients need to understand an important truth: AI is powerful, but it is not magic. … - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week-3/): We are about to begin the last month of trading on international financial markets in 2025. This week, investors will be focusing primarily on the latest key data from the US ahead of the Fed meeting, further talks on the Ukraine-Russia peace plan, and comments from Ueda of the BoJ, which will determine whether interest … - [Novo Nordisk - Is it Time For Growth?](https://todaymarkets.ae/novo-nordisk-is-it-time-for-growth/): In recent months, Novo Nordisk has emerged as an example of a dramatic shift in market sentiment and company situation. It has been significantly devalued from its peak valuations, and investor behavior increasingly suggests that the market is inclined to write it off. But is this justified? The scale of this change is difficult to … - [Intel Surges on Rumors of Chips For Apple](https://todaymarkets.ae/intel-surges-on-rumors-of-chips-for-apple/): During today’s trading session, Intel shares are rising by more than 7% following reports that the company could become a manufacturer of some of Apple’s M-series chips. The market interprets the potential collaboration as an opportunity to strengthen Intel’s position in the semiconductor industry and to rebuild its production capabilities, which is a significant factor in … - [Silver Sets Fresh Record Highs](https://todaymarkets.ae/silver-sets-fresh-record-highs/): Silver has risen by almost 100 percent since the beginning of this year, hitting successive record price levels. The increase is driven both by fundamental factors, such as limited metal supply and strong industrial demand, and by macroeconomic conditions. The expected interest rate cut in the US, a weaker dollar, persistent inflation, and geopolitical tensions … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-4/): The euro–dollar pair is pulling back toward the 1.157 area today ahead of Germany’s inflation data, which will be released at 2:30 p.m. Yesterday’s ECB minutes had a fairly hawkish tone, with the bank signaling a pause in rate cuts. On the other hand, recent data from the United States continue to show persistent resilience … - [Economic Calendar - German CPI And Canadian GDP in Focus](https://todaymarkets.ae/economic-calendar-german-cpi-and-canadian-gdp-in-focus/): Today’s macro calendar is not very busy. Equity sentiment in Europe is mixed, although US index futures are gaining. Investors will focus mainly on Germany’s CPI data and Canada’s GDP. Today US companies earnings calendar is almost empty. Macro Calendar The material on this page does not constitute financial advice and does not take into … - [Gold Shines as Markets Take U.K. Budget in Their Stride](https://todaymarkets.ae/gold-shines-as-markets-take-u-k-budget-in-their-stride/): A theme is emerging as we reach the last trading day of November, risk is back on. Global indices are a sea of green this week, after a bruising first half of the month. Although European and US indices are on track to record a loss for the entire month of November, the scene could … - [Japanese Shares End Week Higher](https://todaymarkets.ae/japanese-shares-end-week-higher/): The Nikkei 225 rose 0.18% to close at 50,254, while the broader Topix Index gained 0.29% to 3,378 on Friday, with both benchmarks ending the week higher as soft US economic data and dovish signals from policymakers boosted expectations for further Federal Reserve rate cuts. Dip buyers also returned this week after global equities came … - [Coal Slips on Demand Concerns](https://todaymarkets.ae/coal-slips-on-demand-concerns/): Coal prices fell below $110 per tonne, retreating from three month highs as concerns over the long-term demand outlook resurfaced. At the recent COP30 climate talks in Brazil, South Korea officially joined the Power Past Coal Alliance, which aims to accelerate the phaseout of coal fired power plants. The country announced plans to shut all … - [Offshore Yuan Set for Monthly Gains](https://todaymarkets.ae/offshore-yuan-set-for-monthly-gains/): The offshore yuan steadied around 7.07 per dollar on Friday, remaining on track for monthly gains as a weakening US dollar supported the currency. The greenback declined as markets increased expectations for a further Federal Reserve rate cut in December, with futures now pricing in an 87% probability of a 25-basis-point reduction. Meanwhile, the People’s … - [German Retail Sales Unexpectedly Fall](https://todaymarkets.ae/german-retail-sales-unexpectedly-fall/): Germany’s retail sales dropped 0.3% month-over-month in October 2025, missing market forecasts of a 0.2% growth and reversing a marginally revised 0.3% gain in the previous month. This marked the fifth monthly decline so far this year, weighed down by a 0.7% fall in non-food sales and a 0.6% decrease in online and mail-order businesses. … - [US Dollar Index hovers around 99.50, downside appear amid dovish Fed stance](https://todaymarkets.ae/us-dollar-index-hovers-around-99-50-downside-appear-amid-dovish-fed-stance/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after three days of losses and trading around 99.60 during the Asian hours on Friday. However, the US Dollar (USD) could further lose amid rising odds of Federal Reserve (Fed) rate cut bets in December. Traders … - [Macro Focus - A Fiscal Turning Point in The U.K.?](https://todaymarkets.ae/macro-focus-a-fiscal-turning-point-in-the-u-k/): UK markets had been eagerly anticipating it: yesterday, Chancellor of the Exchequer Rachel Reeves presented her budget for the coming year. This budget, seen as a potential year-end catalyst, was in the spotlight, with investors hanging on every decision from the Chancellor. Following the announcement, the Office for Budget Responsibility (OBR), the body responsible for … - [Precious Metals - Double Peak or Consolidation Before Growth?](https://todaymarkets.ae/precious-metals-double-peak-or-consolidation-before-growth/): The market has largely cooled down after the recent surge in precious metals. The latest increase in precious metal valuations had a pace and scale that is difficult to fully justify with hard fundamental data. Part of the movement was an emotional reaction driven by geopolitical uncertainty and the entrenched belief that metals always gain … - [Earnings - Toyota](https://todaymarkets.ae/earnings-toyota/):  China may produce the most cars, and the USA buys the most of them, yet Toyota is the world leader in sales. The Japanese automotive giant has published its results.Key financial information: The company communicated a series of important information regarding its strategy and future. Toyota continues its strategy of expansion in multiple sectors of … - [GBP/JPY retreats from YTD peak, trades below 207.00 amid modest JPY uptick](https://todaymarkets.ae/gbp-jpy-retreats-from-ytd-peak-trades-below-207-00-amid-modest-jpy-uptick/): The GBP/JPY cross attracts some intraday sellers following an Asian session uptick to the 207.20 area, or a fresh high since July 2024, and turns lower for the second straight day on Friday. The downtick, however, lacks bearish conviction, with spot prices holding above mid-206.00s and remaining on track to register strong gains for the … - [XAG/USD forms bearish multiple tope near $54.50 supply zone](https://todaymarkets.ae/xag-usd-forms-bearish-multiple-tope-near-54-50-supply-zone/): Silver (XAG/USD) struggles to capitalize on the Asian session move up and retreats from the $54.40-$54.45 region, or its highest level since October 17, touched earlier this Friday. The white metal currently trades around mid-$53.00s, still up 0.20% for the day, and seems poised to register strong weekly gains. From a technical perspective, the recent repeated … - [When are the German Retail Sales and how could they affect EUR/USD?](https://todaymarkets.ae/when-are-the-german-retail-sales-and-how-could-they-affect-eur-usd/): The German Retail Sales Overview The Federal Statistics Office of Germany, Destatis, will publish the Retail Sales report on Friday at 07:00 GMT. Germany’s Retail Sales are expected to remain consistent at a 0.2% increase month-over-month (MoM) in October. The annual Retail Sales are also anticipated to remain consistent at 0.2%. How could the German … - [EUR/JPY Bullish outlook prevails above 181.00](https://todaymarkets.ae/eur-jpy-bullish-outlook-prevails-above-181-00/): The EUR/JPY cross trades in negative territory near 181.05 during the early European session in Friday. The Japanese Yen (JPY) edges higher against the Euro (EUR) amid some verbal intervention from Japanese authorities. Traders brace for the release of Germany’s Retail Sales and Consumer Price Index (CPI) inflation data, which will be released later on Friday. In … - [Japanese Yen struggles for a firm intraday direction; USD/JPY benefits from USD uptick](https://todaymarkets.ae/japanese-yen-struggles-for-a-firm-intraday-direction-usd-jpy-benefits-from-usd-uptick/): The Japanese Yen (JPY) struggles to attract any meaningful buyers despite higher than forecast Tokyo consumer inflation data, which backs the case for a further policy tightening by the Bank of Japan (BoJ). Cautious signals from BoJ policymakers indicate that rate normalization will be gradual, forcing investors to reassess expectations for the next policy move. … - [Gold clings to gains near two-week top; remains below $4,200 amid positive risk tone](https://todaymarkets.ae/gold-clings-to-gains-near-two-week-top-remains-below-4200-amid-positive-risk-tone/): Gold (XAU/USD) struggles to capitalize on the Asian session positive move to a two-week top and remains below the $4,200 mark amid mixed fundamental cues. The increasing likelihood of another interest rate cut by the US Federal Reserve (Fed) in December turns out to be a key factor that continues to benefit the non-yielding yellow metal. The intraday … - [South Korean Shares Slide on Chip Weakness](https://todaymarkets.ae/south-korean-shares-slide-on-chip-weakness/): The benchmark KOSPI fell 1.1% to around 3,940 on Friday, reversing gains from previous sessions as a sharp downturn in semiconductor production pressured heavyweight tech names. South Korea posted a notable decline in October industrial output, with chip production plunging 26.5% month-on-month, triggering declines in Samsung Electronics and SK Hynix. Officials noted that the drop … - [China Stocks Rise on Analyst Upgrade](https://todaymarkets.ae/china-stocks-rise-on-analyst-upgrade/): The Shanghai Composite rose 0.1% to around 3,880, while the Shenzhen Component gained 0.3% to 12,910 on Friday, with both indexes set to finish the week higher. The boost came after JPMorgan Chase & Co. upgraded its recommendation on China’s stocks to ‘overweight,’ citing potential upside that outweighs downside risks next year. The bank highlighted … - [Hong Kong Equities Poised to End Month on a Muted Note](https://todaymarkets.ae/hong-kong-equities-poised-to-end-month-on-a-muted-note/): Shares in Hong Kong dropped 65 points or 0.3% to 25,884 in Friday morning trade, snapping a four-session advance amid losses in property and financial stocks. Investors turned cautious ahead of China’s official November PMI figures due over the weekend, after October data showed factory activity shrank for a seventh month, and the services sector … - [Japan 10-Year Yield Gains on Strong Economic Data](https://todaymarkets.ae/japan-10-year-yield-gains-on-strong-economic-data/): Japan’s 10-year government bond yield climbed above 1.81%, nearing fresh 17-year highs, supported by stronger-than-expected economic data. October industrial production and retail sales both beat forecasts, while the unemployment rate remained steady. Tokyo’s core inflation also came in above expectations, keeping the Bank of Japan on track for a potential interest rate hike in the … - [Palm Oil Rises Further But Points to 3rd Straight Monthly Drop](https://todaymarkets.ae/palm-oil-rises-further-but-points-to-3rd-straight-monthly-drop/): Malaysian palm oil futures hovered above MYR 4,100 per tonne on Friday, rising for a third session to a one-week high. Sentiment was lifted by gains in Dalian vegetable oils and ongoing supply concerns after MPOB data showed output rose 3.2% in November 1–20, much slower than October’s 7%–10% gain. In India, the top buyer, … - [India Shares Set to Log Fourth Straight Monthly Gains](https://todaymarkets.ae/india-shares-set-to-log-fourth-straight-monthly-gains/): The BSE Sensex rose 208 points, or 0.2%, to 85,929 in Friday morning deals, gaining for the third consecutive session, supported by expectations of interest rate cuts by both the Fed and the RBI next month. The broader market advanced slightly as traders awaited the GDP release after market hours. Markets consolidated after both major … - [Japan Housing Starts Unexpectedly Expand](https://todaymarkets.ae/japan-housing-starts-unexpectedly-expand/): Japan’s housing starts rose 3.2% year-on-year in October 2025, defying market expectations of a 5.2% decline and reversing a 7.3% fall in September. It was the first annual increase since March, driven by rebounds in rented units (4.2% vs -8.2%), built-for-sale homes (14.8% vs -8.3%), and prefabricated housing (9.2% vs -0.4%). However, weakness persisted in … - [New Zealand Stocks Rebound](https://todaymarkets.ae/new-zealand-stocks-rebound-2/): New Zealand’s benchmark S&P/NZX 50 index rose 0.4% to close at 13,489 on Friday, rebounding from Thursday’s losses. Market sentiment was underpinned by data showing consumer confidence at a five-month high, adding to signs the economy is picking up. The rebound was led by several heavyweight stocks, including Infratil (+2.5%), a2 Milk (+0.8%), Ebos Group … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-8/): What is currently influencing the AUD/USD exchange rate? The AUD/USD pair is moving higher today, with market dynamics shaped primarily by macroeconomic factors coming from both Australia and the United States. The pair is currently trading in the 0.6520–0.6540 USD range per Australian dollar. Persistently high inflation in Australia strengthens expectations that the Reserve Bank of Australia … - [U.S. Holiday Gives Time to Digest U.K Budget](https://todaymarkets.ae/u-s-holiday-gives-time-to-digest-u-k-budget/): With US markets closed for Thanksgiving, UK and European stock indices are mostly drifting a touch lower this morning. The focus remains on the postmortem of the UK budget. UK bond yields are higher this morning, and Gilts are underperforming European peers, after their sharp decline on Wednesday. The pound is the worst performing currency … - [Eurozone Sentiment - Cautious Consumers, Optimistic Services](https://todaymarkets.ae/eurozone-sentiment-cautious-consumers-optimistic-services/): Eurozone (10:00)Money supply M3 (y/y) for October: actual 2,8% (forecast 2.8%; previous 2.8%) Eurozone (11:00) – Economic Sentiment for November:Business sentiment index: actual -0,66 (previous -0.47 -revised)Economic sentiment index: actual 97 (forecast 96.9; previous 96.8)Consumer sentiment index: actual -14,2 (forecast -14; previous -14.2)Producer sentiment index: actual -9,3 (forecast -8; previous -8.2)Services sentiment index: actual 5,7 (forecast … - [Alibaba Bets on Pratical Ai Glasses](https://todaymarkets.ae/alibaba-bets-on-pratical-ai-glasses/): Alibaba has launched the first Quark AI Glasses in China, taking another step in the global race for dominance in the segment of AI-powered wearables. The starting price is 1,899 yuan, or approximately 268 dollars, highlighting the company’s ambitious approach to making the product widely accessible on its home market. Deep integration with Alipay and … - [CD Projekt (CDR.PL) - Quarterly Earnings Beat Market Consensus](https://todaymarkets.ae/cd-projekt-cdr-pl-quarterly-earnings-beat-market-consensus/): In the third quarter of 2025, CD Projekt (CDR.PL) presented results that clearly confirm the thesis of Cyberpunk’s “second life”. The company not only beat market consensus on every key level (revenue, EBIT, net profit), but also demonstrated its ability to generate strong cash flow at a time when most of its development resources are … - [Bitcoin Climbs Back Above $91,000](https://todaymarkets.ae/bitcoin-climbs-back-above-91000/): Bitcoin rose back above $91,000 in late November, extending its rebound from seven-month lows amid cautious optimism across financial markets driven by expectations of a deeper US Federal Reserve rate-cutting path. Markets now price in roughly an 85% chance of a 25 basis point cut in December, up sharply from about 30% a week ago, … - [Economic Calendar - ECB Minutes in Focus](https://todaymarkets.ae/economic-calendar-ecb-minutes-in-focus/): Today, on Thanksgiving in the US, American markets will remain closed, meaning there will be no major US data releases and liquidity on global financial markets will be limited. In this environment, investors will closely monitor events in Europe and Canada, where key consumer and economic sentiment indicators are scheduled. The main focus will be … - [Australian Stocks End Slightly Higher](https://todaymarkets.ae/australian-stocks-end-slightly-higher/): The S&P/ASX 200 edged 0.1% higher to close at 8,617 on Thursday, supported by gains in gold and tech stocks, while a hotter inflation reading tempered expectations for monetary easing and rekindled concerns about a potential rate hike. The caution followed Wednesday’s data showing consumer prices rising for a fourth straight month in October, pushing … - [EUR/USD climbs above 1.1600; eyes 200-day SMA barrier amid weaker USD](https://todaymarkets.ae/eur-usd-climbs-above-1-1600-eyes-200-day-sma-barrier-amid-weaker-usd/): The EUR/USD pair prolongs its uptrend for the fourth consecutive day and climbs beyond the 1.1600 mark, to a one-and-a-half-week top, during the Asian session on Thursday. The momentum is sponsored by the prevalent selling bias surrounding the US Dollar (USD), and lifts spot prices closer to a technically significant 200-day Simple Moving Average (SMA) … - [GBP/USD gains above 1.3250 as Fed rate cut bets weigh on US Dollar](https://todaymarkets.ae/gbp-usd-gains-above-1-3250-as-fed-rate-cut-bets-weigh-on-us-dollar/): GBP/USD continues its winning streak for the sixth successive session, trading around 1.3260 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December. US data showed unexpectedly low Initial Jobless Claims and stronger-than-expected Durable Goods Orders, yet rate-cut expectations remained intact. The … - [Japanese Yen stands firm near one-week high against USD](https://todaymarkets.ae/japanese-yen-stands-firm-near-one-week-high-against-usd/): The Japanese Yen (JPY) remains on the front foot against a weaker US Dollar (USD) through the Asian session on Thursday and currently trades near a one-week top, touched the previous day. Investors remain alert amid the possibility that Japanese authorities could step in to stem any further weakness in the domestic currency. This, along … - [USD/CAD Falls toward lower ascending channel boundary near 1.4000](https://todaymarkets.ae/usd-cad-falls-toward-lower-ascending-channel-boundary-near-1-4000/): USD/CAD extends its losses for the third successive session, trading around 1.4030 during the Asian hours on Thursday. The daily chart’s technical setup reflects a persistent bullish bias, with the pair remaining within its ascending channel pattern. The USD/CAD pair holds above the rising 50-day Exponential Moving Average (EMA) at 1.3990, while the nine-day EMA at … - [Australian Dollar strengthens as US Dollar dips on Fed rate cut odds](https://todaymarkets.ae/australian-dollar-strengthens-as-us-dollar-dips-on-fed-rate-cut-odds/): The Australian Dollar (AUD) gains against the US Dollar (USD) on Thursday, extending its gains for the fifth successive session. The AUD/USD pair gains ground as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December. The Australian Bureau of Statistics (ABS) released Private Capital Expenditure on Thursday, which rose by 6.4% … - [US Dollar Index retreats below 99.50 on rate cut expectations](https://todaymarkets.ae/us-dollar-index-retreats-below-99-50-on-rate-cut-expectations/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 99.45 during the early European trading hours on Thursday. The DXY extends its downside on the growing expectations that the US Federal Reserve (Fed) will deliver a rate cut in the December policy … - [Gold Hovers Near Two-Week High](https://todaymarkets.ae/gold-hovers-near-two-week-high/): Gold prices dipped to around $4,150 per ounce on Thursday but remained near a two-week high, as investors continued to anticipate a Federal Reserve rate cut next month. Recent data showed that initial jobless claims came in surprisingly low and durable goods orders were stronger than expected, but this did not deter expectations for rate … - [China Stocks Climb on Tech Boost](https://todaymarkets.ae/china-stocks-climb-on-tech-boost/): The Shanghai Composite rose 0.6% to above 3880, while the Shenzhen Component gained 1.2% to 13060 on Thursday, with mainland shares hitting one-week highs amid a sharp rebound in technology names. Sentiment improved after Alibaba reported stronger-than-expected revenue and pledged to invest aggressively in AI infrastructure. Chinese equities also tracked a strong lead from Wall … - [South Korean Shares Rise on Global Tech Momentum](https://todaymarkets.ae/south-korean-shares-rise-on-global-tech-momentum/): The benchmark KOSPI advanced by 1.2% to around 4,010 on Thursday, extending its upward momentum as investors tracked another round of gains on Wall Street. Hopes for a near-term US rate cut strengthened after major US indexes rallied overnight, lifting overall risk appetite across Asia and helping the KOSPI reclaim the 4,000 level. Tech-driven sentiment … - [Won Rises on Steady Policy, Improved Economic Forecast](https://todaymarkets.ae/won-rises-on-steady-policy-improved-economic-forecast/): The South Korean won appreciated to around 1,465 per dollar on Thursday, reversing losses from the previous session as investors digested the latest policy signal from the Bank of Korea. The central bank maintained its benchmark interest rate at 2.5 percent, a decision regarded as supportive of currency stability amid gradually improving financial conditions. The … - [Hong Kong Shares Extend Gains for 4th Session](https://todaymarkets.ae/hong-kong-shares-extend-gains-for-4th-session/): Hong Kong stocks rose 82 points, or 0.3%, to 26,012 in early deals on Thursday, increasing for a fourth session after Wall Street overnight logged its fourth straight advance on growing expectations of a Fed rate cut in December. All sectors in the Hang Seng index traded higher, with tech and property shares leading the … - [Offshore Yuan Retreats on Weak Fixing](https://todaymarkets.ae/offshore-yuan-retreats-on-weak-fixing/): The offshore yuan weakened to around 7.07 per dollar, retreating from a thirteen-month high reached in the previous session following the People’s Bank of China’s first weaker-than-expected fixing in months. The central bank set the daily midpoint at 7.0779 per dollar, softer than Reuters’ forecast of 7.0733. This marked the first downside surprise in the … - [Silver Hovers Near Record Highs](https://todaymarkets.ae/silver-hovers-near-record-highs/): Silver traded just below $53 per ounce on Thursday, hovering near record highs amid growing expectations that the US Federal Reserve will cut interest rates further. Markets now price in roughly an 85% chance of a 25 basis point cut in December, up sharply from about 30% a week ago, with three additional cuts anticipated … - [Copper Firms on Codelco Premium Push](https://todaymarkets.ae/copper-firms-on-codelco-premium-push/): Copper futures climbed toward $5.1 per pound, reaching a four-week high after Chilean producer Codelco offered record-high prices to Chinese buyers, signaling a potential shift to prioritize US consumers. Codelco’s offers came at a $350 per ton premium over London Metal Exchange prices, up from $89 per ton agreed in last year’s negotiations. The move … - [Palm Oil Rises Further](https://todaymarkets.ae/palm-oil-rises-further/): Malaysian palm oil futures rose for a second session on Thursday, hovering around MYR 4,060 per tonne amid strength in Dalian edible oils and extended bargain hunting. Prices recovered further from a five-month low hit earlier this week, on growing expectations that India, the world’s largest buyer, may lift imports by about 20% in the … - [Sensex Nears Record, Nifty Hits Fresh Record Peak](https://todaymarkets.ae/sensex-nears-record-nifty-hits-fresh-record-peak/): The BSE Sensex rose 227 points, or 0.4%, to 85,909, nearing a record high, while the Nifty 50 climbed to 26,280, hitting a fresh record in Thursday morning trade. The gains tracked a rally on Wall Street overnight, buoyed by bets on a Fed interest rate cut next month. Expectations that the RBI may ease … - [New Zealand Stocks Close 1% Lower](https://todaymarkets.ae/nzx-50-pares-gain-amid-rbnzs-hawkish-outlook-2/): New Zealand’s benchmark S&P/NZX 50 index fell 1% to end at 13,432 on Thursday, weighed down by losses across most sectors. Heath tech and utility stocks were among the hardest hit, with heavyweights Fisher & Paykel (-1.7%), Ebos Group (-2.3%), Meridian Energy (-1.9%), Contact Energy (-1.5%), and Mercury NZ (-1.55%) posting notable declines. The market … - [Cattle Bulls Gobble Up Gains Ahead of the Holiday](https://todaymarkets.ae/cattle-bulls-gobble-up-gains-ahead-of-the-holiday/): Live cattle futures were $4 to $5.70 higher on the Wednesday session. There have been some light cash trade picked up in the north this week at $208-210, with dressed trade at $330. Wednesday’s Fed cattle online exchange saw $216 BidTheGrid™ sales on 95 the 2,052 head offered, with other bids of $211 to $212. Feeder … - [Soybeans Head into Holiday with Gains](https://todaymarkets.ae/soybeans-head-into-holiday-with-gains/): Soybeans were 5 to 7 cents higher across the front months on Wednesday, as bulls were busy buying ahead of the holiday. The cmdtyView national average Cash Bean price was 6 3/4 cents higher to $10.59 3/4. Soymeal futures were mixed, with contracts withing 50 cents of unchanged, as Soy Oil futures were 32 to 57 points higher.  The market will … - [Corn Rallies ](https://todaymarkets.ae/corn-rallies/): Corn bulls were in rally mode on Wednesday, with contracts 7 to 8 cents higher ahead of the Thanksgiving break. Friday is first notice day for December futures. The CmdtyView national average Cash Corn price closed the day at $4.04. The market will be closed on Thursday for Thanksgiving, with a hard open at 8:30 CST on … - [Wheat Pulls Off Highs to Head into Holiday Break](https://todaymarkets.ae/wheat-pulls-off-highs-to-head-into-holiday-break/): The wheat complex eased back in some contracts on Wednesday, with the three exchanges closing mixed. Chicago SRW futures were trading 1 to 2 cents higher on Wednesday. KC HRW futures were steady to 4 cents in the green on the day. MPLS spring wheat futures were down 2 to 4 cents. Friday is first … - [Coffee Prices Settle Lower on Improved Global Supply Outlook](https://todaymarkets.ae/coffee-prices-settle-lower-on-improved-global-supply-outlook/): March arabica coffee (KCH26) on Wednesday closed down -3.60 (-0.94%), and January ICE robusta coffee (RMF26) closed down -46 (-1.01%). Coffee prices settled lower on Wednesday after the European Parliament approved a 1-year delay to the deforestation law, which should keep global coffee supplies ample.  The EU regulation, known as EUDR, aims to tackle deforestation … - [Cocoa Prices Fall as EU Delays Deforestation Rules](https://todaymarkets.ae/cocoa-prices-fall-as-eu-delays-deforestation-rules/): March ICE NY cocoa (CCH26) on Wednesday closed down -6 (-0.12%), and December ICE London cocoa #7 (CAZ25) closed down -10 (-0.27%). Cocoa prices settled lower on Wednesday but remained above last Wednesday’s 1.75-year nearest-future lows after the European Parliament approved a 1-year delay to the deforestation law, keeping cocoa supplies ample.  The EU regulation, … - [Sugar Prices Jump on Signs of Smaller Brazil Sugar Output](https://todaymarkets.ae/sugar-prices-jump-on-signs-of-smaller-brazil-sugar-output/): March NY world sugar #11 (SBH26) on Wednesday closed up +0.23 (+1.54%), and March London ICE white sugar #5 (SWH26) closed up +5.70 (+1.33%). Sugar prices rallied sharply to 5-week highs on Wednesday after StoneX cut its Brazil 2026/27 Center-South sugar production estimate to 41.5 MMT from a September estimate of 42.1 MMT.   Sugar … - [Cotton Heads into the Holiday with Gains](https://todaymarkets.ae/cotton-heads-into-the-holiday-with-gains/): Cotton futures were up 30 to 99 34 points in the nearby contracts on Wednesday. Crude oil futures were up 60 cents per barrel at $58.55 on the day, with the US dollar index $0.069 lower to $99.520. The markets will be closed on Thursday. The November 25 online auction from The Seam showed 6,457 … - [Chart of The Day - NZD/USD](https://todaymarkets.ae/chart-of-the-day-nzd-usd/): The Reserve Bank of New Zealand (RBNZ) cut the official cash rate (OCR) by 25 bp to 2.25%, in line with expectations, likely marking the final step in the easing cycle that began in 2024. The decision was made in an environment where CPI inflation stands at 3%, the upper end of the 1–3% target … - [U.K. Economy - Budget check list](https://todaymarkets.ae/u-k-economy-budget-check-list/): It’s finally here, in a few hours we will be told what fiscal measures will be included in this year’s UK Budget. This will end one of the most speculative Budgets in recent memory. No room for surprises You might ask, is there anything that we don’t know about this Budget? We have already been … - [China Stocks Track Global Peers Higher](https://todaymarkets.ae/china-stocks-track-global-peers-higher/): The Shanghai Composite rose 0.15% to around 3,875, while the Shenzhen Component gained 0.8% to 12,880 on Wednesday, marking a third straight session of gains as mainland stocks mirrored global markets amid growing bets on a US Federal Reserve rate cut next month. Expectations for a cut strengthened after the latest US data pointed to … - [Hong Kong Stocks Rise for 3rd Session](https://todaymarkets.ae/hong-kong-stocks-rise-for-3rd-session/): Hong Kong shares rose 83 points, or 0.3%, to 25,974 on Wednesday morning deals, extending gains for a third straight session. Sentiment improved further following a strong lead from Wall Street overnight, as weaker U.S. consumer confidence and soft retail data reinforced expectations of another Fed rate cut in December. Property and financial stocks in … - [China 10-Year Yield Nears 7-Week High](https://todaymarkets.ae/china-10-year-yield-nears-7-week-high/): China’s 10-year government bond yield rose toward 1.83%, approaching its highest level in seven weeks, as investors increasingly moved away from bonds amid signs that the People’s Bank of China is hesitant to introduce further monetary stimulus, while Beijing continues to prioritize fiscal support measures. This combination is weighing on the bond market, as limited … - [AUS 10-Year Yield Rises on Hot CPI Data](https://todaymarkets.ae/aus-10-year-yield-rises-on-hot-cpi-data/): Australia’s 10-year government bond yield rose to 4.48%, its highest in more than six months, after higher-than-expected inflation data reinforced the view that the Reserve Bank’s policy easing cycle may be over. Headline inflation increased to 3.8% in October from 3.6% in September, beating expectations of 3.6%. More importantly, core inflation edged up to 3.3% … - [Palm Oil Rises After 4-Day Slump](https://todaymarkets.ae/palm-oil-rises-after-4-day-slump/): Malaysian palm oil futures advanced over 1% to around MYR 4,040 per tonne on Wednesday, snapping a four-session decline as bargain hunting emerged after prices hit a near five-month low. A rise in rival oils on the Chicago exchange and a mild recovery in crude oil prices also supported sentiment. Traders noted that top buyer … - [Indian Stocks Snap 3-Day Losing Streak](https://todaymarkets.ae/indian-stocks-snap-3-day-losing-streak/): The BSE Sensex rose 580 points, or 0.7%, to 85,167 in morning trade on Wednesday, halting a three-day losing streak. The gain tracked a rise in Asian peers and followed an overnight rally on Wall Street, buoyed by optimism over a possible Fed rate cut next month. The Nifty 50 also climbed 0.7%, while mid-cap … - [Japan Leading Index Revised Up to 11-Month High](https://todaymarkets.ae/japan-leading-index-revised-up-to-11-month-high/): Japan’s leading economic index, which gauges the outlook for the coming months based on indicators such as job offers and consumer sentiment, was revised higher to 108.6 in September 2025, up from the preliminary estimate of 108.0. The latest reading is the highest since October 2024 and above August’s 107.0, supported by stronger household spending, … - [NZX 50 Pares Gain Amid RBNZ’s Hawkish Outlook](https://todaymarkets.ae/nzx-50-pares-gain-amid-rbnzs-hawkish-outlook/): New Zealand’s benchmark S&P/NZX 50 index closed 0.6% higher at 13,562 on Wednesday, trimming some of its early gains, after the Reserve Bank cut rates as expected but offered a more hawkish outlook. The index jumped as much as 2% to reach an all-time high earlier in the session. The RBNZ reduced its cash rate … - [GBP/USD rises to near 1.3200 ahead of UK Autumn Budget](https://todaymarkets.ae/gbp-usd-rises-to-near-1-3200-ahead-of-uk-autumn-budget/): GBP/USD continues its winning streak for the fifth consecutive day, trading around 1.3190 during the Asian hours on Wednesday. Traders await the UK Chancellor of the Exchequer, Rachel Reeves, to deliver the Autumn Budget later in the day. The British Finance Minister Rachel Reeves is expected to unveil tens of billions of pounds in new … - [USD/CNH hits 13-month lows below 7.0800 as Fed rate cut bets increase](https://todaymarkets.ae/usd-cnh-hits-13-month-lows-below-7-0800-as-fed-rate-cut-bets-increase/): USD/CNH extends its losses for the fourth consecutive day, reaching a 13-month low of 7.0782 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) comes under pressure, with softer United States (US) economic data boosting expectations of a Federal Reserve (Fed) rate cut in December. The CME FedWatch Tool suggests that markets … - [WTI drifts higher above $58.00 on Fed rate cut hopes](https://todaymarkets.ae/wti-drifts-higher-above-58-00-on-fed-rate-cut-hopes/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.15 during the Asian trading hours on Wednesday. The WTI edges higher on the prospect of the US Federal Reserve (Fed) rate reduction and a weaker US Dollar (USD) broadly. Traders brace for the release of the Energy Information Administration (EIA) crude oil stockpiles report later on Wednesday.  The USD edges … - [XAG/USD gains further to near $52 as US yields remain under pressure](https://todaymarkets.ae/xag-usd-gains-further-to-near-52-as-us-yields-remain-under-pressure/): Silver price (XAG/USD) extends its three-day recovery move to near $52.00 during the Asian trading session on Wednesday. The white metal strengthens as yields on interest-bearing assets have remained under pressure due to growing expectations that the Federal Reserve (Fed) could reduce interest rates again this year. At the time of writing, 10-year United States (US) Treasury yields … - [EUR/JPY remains range-bound below 181.00 as hawkish BoJ bets counter ECB optimism](https://todaymarkets.ae/eur-jpy-remains-range-bound-below-181-00-as-hawkish-boj-bets-counter-ecb-optimism/): The EUR/JPY pair struggles to capitalize on a modest intraday uptick on Wednesday and remains below the 181.00 round figure through the Asian session. Meanwhile, mixed fundamental cues keep spot prices confined in the weekly range and warrant some caution before placing aggressive directional bets. The Japanese Yen (JPY) gets a minor lift after reports … - [Australian Dollar rises as CPI beats forecasts, RBA policy in focus](https://todaymarkets.ae/australian-dollar-rises-as-cpi-beats-forecasts-rba-policy-in-focus/): The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday, extending its gains for the fourth successive session. The AUD/USD pair holds ground after the Australian Bureau of Statistics (ABS) released the first “complete” monthly Consumer Price Index (CPI), which climbed by 3.8% year-over-year (YoY) in October. The reading surpassed the market consensus … - [Japanese Yen retreats from one-week top against weaker USD; downside seems limited](https://todaymarkets.ae/japanese-yen-retreats-from-one-week-top-against-weaker-usd-downside-seems-limited/): The Japanese Yen (JPY) retreats from a one-week top, touched against a broadly weaker US Dollar (USD) during the Asian session on Wednesday, though the downside seems limited. Despite reports that the Bank of Japan (BoJ) is ramping up rate hike messaging, the prospect for further policy tightening in December or January is still finely … - [USD/CHF slides to mid-0.8000s, further away from nearly three-week top amid weaker USD](https://todaymarkets.ae/usd-chf-slides-to-mid-0-8000s-further-away-from-nearly-three-week-top-amid-weaker-usd/): The USD/CHF pair is seen extending the previous day’s pullback from a nearly three-week top – levels just above the 0.8100 mark – and losing ground for the second straight day on Wednesday. The slide is sponsored by the prevalent US Dollar (USD) selling bias and drags spot prices to mid-0.8000s, closer to the lower … - [Gold clings to gains near two-week high as USD slides amid rising Fed rate cut bets](https://todaymarkets.ae/gold-clings-to-gains-near-two-week-high-as-usd-slides-amid-rising-fed-rate-cut-bets/): Gold (XAU/USD) sticks to its intraday gains near a one-and-a-half week top, touched during the Asians session on Wednesday, and seems poised to appreciate further amid dovish US Federal Reserve (Fed) expectations. Traders ramped up their bets for another interest rate cut by the US central bank after data released on Tuesday pointed to signs of cooling inflation. … - [Cattle Post Turnaround Bounce](https://todaymarkets.ae/cattle-post-turnaround-bounce/): Live cattle futures closed with 20 cent losses in the nearbys and other nearby contracts higher. There have been some light cash trade picked up in the north this week at $208-210, with dressed trade at $330. Tuesday’s Fed cattle online exchange saw no sales on the 2,052 head offered, with bids of $207 in NM … - [Soybeans Pop Higher ](https://todaymarkets.ae/soybeans-pop-higher/): Soybeans futures were higher at the Tuesday close with contracts up 1 to 3 cents on the day. The cmdtyView national average Cash Bean price was 1 3/4 cents higher to $10.52. Soymeal futures were up $1.70 to $2.80, with Soy Oil futures steady to 13 points higher. USDA released delayed Export Sales data on Tuesday morning, with beans coming in … - [Wheat Posts Gains](https://todaymarkets.ae/wheat-posts-gains/): The wheat complex posted Tuesday strength across the three markets. Chicago SRW futures saw 4 to 5 cent gains on the Tuesday session. KC HRW futures were 5 to 6 cents in the green at the close. MPLS spring wheat futures were up 12 ¼ cents in the December contracts, with other months 4 to … - [Oil Gains 2% on Russian Sanctions](https://todaymarkets.ae/oil-gains-2-on-russian-sanctions/): The US imposes harsh sanctions on Russia’s two largest oil companies, threatening a reduction in global supply availability. On October 22, the United States, specifically Donald Trump, decided to impose comprehensive sanctions on Rosneft and Lukoil—Russia’s two largest oil conglomerates. This marks the Trump administration’s first significant action against the Russian energy sector since the President’s return to … - [L'Oreal, and Adidas Earnings in Focus](https://todaymarkets.ae/loreal-and-adidas-earnings-in-focus/): European stock indices remain close to record highs, with the EU 50 up 0.25%. At the same time, Germany’s DE40 is down 0.02%. Despite the initial weakness of the indices, sentiment began to improve over time, although this was not preceded by any fundamental information. Investors are focusing today on companies’ quarterly results.  In Europe, … - [Despite Comeptive Pressure Alphabet Shares Rise](https://todaymarkets.ae/despite-comeptive-pressure-alphabet-shares-rise/): Alphabet’s shares are rising in pre-market trading following news that the artificial intelligence startup Anthropic is in advanced negotiations with Google regarding a potential multibillion-dollar cloud services deal. Under this agreement, Google Cloud would provide significant computing power to enable Anthropic to further develop and scale its advanced AI models. Anthropic, best known for its AI … - [Dow Jones futures move little as traders await Tesla’s results](https://todaymarkets.ae/dow-jones-futures-move-little-as-traders-await-teslas-results/): Dow Jones futures remain steady near 47,100 during European hours, ahead of the opening of the United States (US) regular session on Wednesday. The S&P 500 futures are flat around 6,770, while Nasdaq 100 futures lose 0.15% to trade near 25,250 at the time of writing. In pre-market trading, Netflix fell more than 6.5% after … - [EUR/USD retraces previous gains in a choppy trading session](https://todaymarkets.ae/eur-usd-retraces-previous-gains-in-a-choppy-trading-session/): EUR/USD has retraced previous gains on Wednesday, and remains practically flat on the day, trading right below 1.1600 at the time of writing. The US Dollar (USD) resumed its uptrend in the early European trading session, although the US government closure and market expectations of back-to-back rate cuts by the Federal Reserve (Fed) are keeping US … - [Silver retreats as trade optimism, stronger US Dollar pressure demand](https://todaymarkets.ae/silver-retreats-as-trade-optimism-stronger-us-dollar-pressure-demand/): Silver (XAG/USD) trades around $48.35 on Wednesday at the time of writing, down 0.70% for the day, extending the previous session’s sharp 7% fall. The metal remains under pressure as investors favor risk assets amid improving sentiment surrounding trade negotiations between the United States (US) and China. Comments from US President Donald Trump on Monday, saying … - [XAU/USD support at $4,000 remains dangerously close](https://todaymarkets.ae/xau-usd-support-at-4000-remains-dangerously-close/): Gold bounced up after reaching the target of a Double Top pattern, at $4,005 on Tuesday, but upside attempts have been halted way below previous support, at $4,185, which leaves the immediate bearish trend intact and the $4,000 support area at a short distance. The announcement that US President Trump will meet its Chinese counterpart Xi … - [Trade of The Day - COCOA](https://todaymarkets.ae/trade-of-the-day-cocoa/): Facts Recommendation Long position on COCOA at market price Opinion The cocoa market currently finds itself in a fragile equilibrium after a sharp sell-off that pushed ICE contracts below $6,000 per metric ton. While some short-term rebound attempts are visible, the nature of this move appears more like a technical correction than a structural trend reversal. Fundamentally, the … - [Hermès (RMS.FR) Disappoints in key leather goods division](https://todaymarkets.ae/hermes-rms-fr-disappoints-in-key-leather-goods-division/): Hermès (RMS.FR) has once again proven that it is one of the most resilient luxury brands in terms of demand volatility, successfully attracting affluent customers even in times of macroeconomic uncertainty and geopolitical challenges. In the third quarter, the company recorded solid sales growth in virtually all regions, and its business model based on limited product … - [Markets React to U.K. CPI While Barclays Set The Standard](https://todaymarkets.ae/markets-react-to-u-k-cpi-while-barclays-set-the-standard/): The pound has sunk on Wednesday after UK inflation was softer across the board. GBP is the worst performing currency in the G10 FX space on Wednesday and GBP/USD looks like it is heading back to the lows of the month at $1.3250. UK bond yields are tumbling, which are undermining the weakness in the … - [Chart of The Day - Gold](https://todaymarkets.ae/chart-of-the-day-gold-2/): Gold futures extended their record decline by approx. 0.3%, slipping to around $4,090-4,110/oz, as today’s dip buyers struggled to counter the shift in overall risk sentiment. Concerns over overvaluation and a fresh wave of profit-taking have intensified safe-haven outflows, amid easing geopolitical tensions and heightened focus on corporate earnings. GOLD extended its record sell-off in … - [Offshore Yuan Steady](https://todaymarkets.ae/offshore-yuan-steady/): The offshore yuan held steady around 7.12 per dollar on Wednesday, as markets remained cautious amid developments in US-China trade negotiations. President Donald Trump expressed optimism about securing a favorable deal with Beijing, though he acknowledged that a planned meeting with Chinese President Xi Jinping may not occur. Similarly, US Treasury Secretary Scott Bessent and … - [US 10-Year Yield Holds Near 6-Month Low](https://todaymarkets.ae/us-10-year-yield-holds-near-6-month-low/): The yield on the US 10-year Treasury note held around 3.96% on Wednesday, hovering near six-month lows as investors assessed the economic outlook amid ongoing trade uncertainty and the prolonged government shutdown. On the trade front, President Donald Trump said he remains optimistic about securing a favorable deal with China but cautioned that his anticipated … - [Palm Oil Falls for 3rd Session](https://todaymarkets.ae/palm-oil-falls-for-3rd-session/): Malaysian palm oil futures hovered below MYR 4,500 per tonne, retreating for the third session amid weaker vegetable oil prices on the Dalian market. Demand from top buyer India is expected to ease after peaking during the Diwali festival, adding pressure to prices. Globally, uncertainty over a potential meeting between U.S. President Trump and Chinese … - [UK Producer Prices Up 3.4% in September](https://todaymarkets.ae/uk-producer-prices-up-3-4-in-september/): Factory gate prices for UK-manufactured goods rose 3.4% year-on-year in September 2025, picking up from an upwardly revised 3.1% increase in August. Out of ten product groups, nine contributed to the rise, led by food products and motor vehicles and transport equipment, which, despite edging slightly lower to 4.6% (from 4.7% in August) and 6.4% … - [UK Gilt Yields Lowest in 10-Months](https://todaymarkets.ae/uk-gilt-yields-lowest-in-10-months/): The UK 10-year gilt yield extended its decline to 4.4%, reaching its lowest level since mid December, as weaker-than-expected CPI data fueled speculation of early interest rate cuts by the BoE. Headline inflation held steady at 3.8% in September, defying forecasts of an increase to 4%, with food price growth finally easing. Meanwhile, core inflation … - [Japanese Shares Trim Losses on Stimulus Optimism](https://todaymarkets.ae/japanese-shares-trim-losses-on-stimulus-optimism/): The Nikkei 225 Index slipped 0.02% to close at 49,308 on Wednesday after falling as much as 1.42% earlier in the session, while the broader Topix Index gained 0.52% to 3,266 amid reports that the new prime minister is preparing a large-scale stimulus plan that could surpass last year’s 13.9 trillion yen package. Sanae Takaichi, … - [Pound Weakens as Soft UK Inflation Data Boost Rate Cut Bets](https://todaymarkets.ae/pound-weakens-as-soft-uk-inflation-data-boost-rate-cut-bets/): Sterling extended losses toward $1.33, its weakest level in a week, after inflation data came in below market expectations, fueling speculation of early interest rate cuts by the Bank of England. Headline inflation held steady at 3.8% in September, defying forecasts of a rise to 4%, as food price growth continued to ease. Meanwhile, the … - [China 10Y Yield Hovers Near 2-Month Low](https://todaymarkets.ae/china-10y-yield-hovers-near-2-month-low/): China’s 10-year government bond yield hovered near a two-month low of around 1.76% on Wednesday, as investors were drawn by growing expectations of monetary policy easing by the People’s Bank of China. Markets expect the central bank to cut both the benchmark interest rate and the reserve requirement ratio before year-end to support the economy … - [DAX Snaps 2-Day Gain](https://todaymarkets.ae/dax-snaps-2-day-gain/): Germany’s DAX traded in negative territory on Wednesday, down 0.2% to around 24,280, halting two consecutive sessions of gains. The market is watching the earnings season unfold, which is now in full swing on both sides of the Atlantic, as investors look for clues about the broader economic outlook. Infineon Technologies fell 3%, leading losses … - [FTSE 100 Rises for 3rd Session](https://todaymarkets.ae/ftse-100-rises-for-3rd-session/): The FTSE 100 rose over 0.5% on Wednesday, extending gains for a third straight session after UK inflation came in softer than expected and Barclays posted strong earnings. Inflation held steady at 3.8% in September, below forecasts of 4%, boosting bets on Bank of England rate cuts. Barclays’ shares climbed more than 3%, as analysts … - [Hang Seng Slips 0.9% at Finish](https://todaymarkets.ae/hang-seng-slips-0-9-at-finish/): The Hang Seng lost 246 points, or 0.9%, to end at 25,782 on Wednesday, shifting from gains the day before amid broad-based losses across sectors. Risk sentiment weakened after U.S. President Trump said a potential meeting with China’s Xi Jinping may not take place, tempering optimism after recent signs of easing tensions between Washington and … - [CAC 40 Edges Lower as Hermès and L’Oréal Drag](https://todaymarkets.ae/cac-40-edges-lower-as-hermes-and-loreal-drag/): The CAC 40 slipped 0.5% to below 8,220 on Wednesday, retreating from the record highs reached in the previous session, as sharp declines in Hermès and L’Oréal weighed on the index. L’Oréal shares fell around 5.6% after third-quarter 2025 sales of €10.3 billion missed expectations, driven by weaker performance in North America, uncertainty over future … - [CAC 40 Retreats From Record High as BNP Paribas Plunges](https://todaymarkets.ae/cac-40-retreats-from-record-high-as-bnp-paribas-plunges/): Paris’ CAC 40 reversed early gains to trade 0.2% lower at 8,170 points on Monday, after hitting an all-time high of 8,239.67 earlier in the session. BNP Paribas tumbled 8% following a $20.75 million US jury verdict against the bank over its alleged complicity in Sudan atrocities two decades ago, with peers Crédit Agricole and … - [XAG/USD rebounds near $52.00 due to risk-off mood, dovish Fed tone](https://todaymarkets.ae/xag-usd-rebounds-near-52-00-due-to-risk-off-mood-dovish-fed-tone/): Silver price (XAG/USD) edges higher after registering more than 4.25% losses in the previous session, trading around $52.00 per troy ounce during the European hours on Monday. The price of the precious Silver plunged as investors booked profits after reaching a record high of $54.86 on October 16. However, the non-interest-bearing Silver may regain its ground … - [EUR/JPY rises on Yen weakness after coalition confirmation, Euro weighed by data](https://todaymarkets.ae/eur-jpy-rises-on-yen-weakness-after-coalition-confirmation-euro-weighed-by-data/): EUR/JPY edges higher on Monday, gaining 0.10% to 175.70 at the time of writing. After hitting a two-week low on Friday, the pair benefits from renewed Japanese Yen (JPY) weakness amid a shifting political landscape in Tokyo. According to the latest reports from Kyodo, Japan’s Liberal Democratic Party (LDP) and the Japan Innovation Party (JIP, … - [Dow Jones futures rise due to easing US-China trade tensions, Fed rate cut bets](https://todaymarkets.ae/dow-jones-futures-rise-due-to-easing-us-china-trade-tensions-fed-rate-cut-bets/): Dow Jones futures advance 0.37% to rise near 46,550 during European hours, ahead of the opening of the United States (US) regular session on Monday. The S&P 500 futures rise 0.45% to trade around 6,730, while Nasdaq 100 futures gain 0.56% to break above 25,100 at the time of writing. US index futures gain ground amid easing … - [Euro Area Construction Activity Nearly Stalls in August](https://todaymarkets.ae/euro-area-construction-activity-nearly-stalls-in-august/): Eurozone construction output increased 0.1% year-on-year in August 2025, easing from a 0.7% rise in July. Output eased for civil engineering (2.6% vs 3.6% in July) and specialised construction activities (2% vs 2.5%). In addition, production fell faster for construction of buildings (-3.8% vs -2.6). Among the bloc’s largest economies, construction fell in Germany, (-1.1% … - [Pound Sterling consolidates against US Dollar at the start of UK-US inflation week](https://todaymarkets.ae/pound-sterling-consolidates-against-us-dollar-at-the-start-of-uk-us-inflation-week/): The Pound Sterling (GBP) trades flat around 1.3425 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair struggles for a direction, while the US Dollar (USD) stabilizes on easing trade frictions between the United States (US) and China. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s … - [Hang Seng Jumps 2.4% at Finish](https://todaymarkets.ae/hang-seng-jumps-2-4-at-finish/): The Hang Seng surged 612 points, or 2.4%, to close at 25,859 on Monday, recovering sharply from steep losses in the prior session as all sectors advanced. Investor sentiment was lifted by a strong rise in U.S. futures after President Trump indicated he could lower tariffs on China if Beijing also takes steps benefiting the … - [AWS Global Outage Impacts Amazon Services](https://todaymarkets.ae/aws-global-outage-impacts-amazon-services/): Amazon Web Services (AWS) is experiencing a major global outage that has been causing disruptions to many popular online platforms since the morning of October 20, 2025. The issues are affecting services such as Amazon.com, Prime Video, Alexa, Ring, and the McDonald’s app (which partially relies on AWS infrastructure). AWS has confirmed that the problem is … - [FTSE 100 Trades Higher on Monday](https://todaymarkets.ae/ftse-100-trades-higher-on-monday/): The FTSE 100 traded 0.5% higher on Monday, recovering from a 0.8% loss in the previous week, as risk appetite returned amid easing global trade tensions. Financials and commodity-linked stocks led the advance, while defensive sectors such as utilities and consumer staples lagged. Among banks, HSBC gained over 1.5%, and Barclays, Lloyds, and NatWest each … - [Chart of The Day - JP225](https://todaymarkets.ae/chart-of-the-day-jp225/): The Japanese Nikkei 225 cash index is up more than 3% today, surpassing 49000 points and setting another historical record, following a previous high established earlier in October. The move is a direct response to hopes of ending the political deadlock in Japan. The broader Topix Index also recorded gains of 2%, primarily motivated by … - [European Stocks Higher, Corporate News in Focus](https://todaymarkets.ae/european-stocks-higher-corporate-news-in-focus/): European markets opened the week in positive territory, with both the STOXX 50 and STOXX 600 rising 0.5%, rebounding from sharp losses on Friday. Sentiment improved as concerns over US banking credit eased. Investor confidence was further supported by reports that President Trump sought to de-escalate trade tensions with China. The luxury sector was among … - [DAX Starts Week on Higher Note](https://todaymarkets.ae/dax-starts-week-on-higher-note/): Germany’s DAX rose more than 1% to surpass the 24,100 mark on Monday, rebounding from steep losses on Friday, as worries over the US banking sector subsided. Investor sentiment was further boosted by signs of improving trade relations between the US and China, after President Donald Trump indicated he may consider lowering tariffs on Chinese … - [Trade of The Day - OIL.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti-3/): Facts: Recommendation:Trade: LONG position on OIL.WTI at market price Source: xStation5 Opinion: The WTI oil price on the daily interval has stopped at the FIBO 100 level and the lower band of the Bollinger. This corresponds with low RSI levels, creating favorable conditions for a technical upward correction. Methodology and assumptions:The recommendation is based on … - [French Yields Edge Higher After S&P Downgrade](https://todaymarkets.ae/french-yields-edge-higher-after-sp-downgrade/): The yield on France’s 10-year OAT climbed to 3.38% on Monday, rebounding from an over two-month low of 3.308% last week, following S&P Global Ratings’ unexpected downgrade of the country’s credit rating. On Friday, the agency cut France’s rating to A+ from AA-, citing increased risks to fiscal consolidation and persistent uncertainty over government finances, … - [Coal Falls to 1-Month Low](https://todaymarkets.ae/coal-falls-to-1-month-low/): Coal prices slipped toward $103 per ton, touching a one-month low amid data showing China’s coal production fell in September from a year earlier as ongoing output curbs weighed on supply. The country produced 411.51 million metric tons last month, down 1.8% year-on-year but up from 390.5 million tons in August. China’s “anti-involution” campaign targeting … - [ASX 200 Shakes Off Earlier Losses](https://todaymarkets.ae/asx-200-shakes-off-earlier-losses/): The S&P/ASX 200 rose 0.4% to close at 9,032 on Monday, erasing earlier losses as market sentiment improved amid optimism over a potential breakthrough in US-Australia trade talks. Prime Minister Anthony Albanese is set to meet President Donald Trump in the US to promote Australia’s critical mineral reserves as a key alternative to counter China’s … - [Euro Holds Firm Amid France Downgrade, Trade Optimism](https://todaymarkets.ae/euro-holds-firm-amid-france-downgrade-trade-optimism/): The euro steadied just above $1.165, hovering near its strongest level since October 6, as investors weighed the impact of S&P Global Ratings’ downgrade of France against improving global risk sentiment. S&P cut France’s sovereign rating to A+ from AA-, citing heightened risks to fiscal consolidation and persistent uncertainty surrounding government finances, despite the submission … - [Steel Pressured by Weak Demand](https://todaymarkets.ae/steel-pressured-by-weak-demand/): Steel rebar futures held below CNY 3,030 per ton on Monday, hovering near their lowest level in over three months as sluggish demand and narrowing margins weighed on sentiment. Data showed China, the world’s top steel producer, churned out 73.49 million metric tons of crude steel in September, the lowest in 21 months, down 4.6% … - [EUR/GBP holds firm near 0.8700 amid mounting UK budget concerns](https://todaymarkets.ae/eur-gbp-holds-firm-near-0-8700-amid-mounting-uk-budget-concerns/): The EUR/GBP cross gains ground near 0.8690 during the early European session on Monday. The Pound Sterling (GBP) softens against the Euro (EUR) on lingering fiscal concerns in the United Kingdom (UK). The European Central Bank (ECB) Isabel Schnabel and Joachim Nagel are set to speak later on Monday.  Growing concerns over the UK’s fiscal policy undermine the GBP and create a … - [Today Markets - The Week Ahead](https://todaymarkets.ae/10614-2/): The Week Ahead: trade tensions ease as focus shifts to macro data As we start a new week, early indications suggest that risk sentiment is picking up. Stock futures are higher in the US and Europe at the start of this week, as investors put the recent period of volatility behind them and instead focused … - [Silver Extends Losses on Profit-Taking](https://todaymarkets.ae/silver-extends-losses-on-profit-taking/): Silver fell to around $51.7 per ounce on Monday, extending a sharp decline from the previous session as investors locked in profits after a historic rally to record highs. Improving risk sentiment, driven largely by signs of easing US-China trade tensions, also weighed on safe-haven demand. Traders now await key US inflation data this week … - [Iron Ore Slips on Weak China Data](https://todaymarkets.ae/iron-ore-slips-on-weak-china-data/): Iron ore futures traded around CNY 770 per ton on Monday, hovering near two-month lows as weak economic data from top consumer China dampened sentiment. Figures showed the Chinese economy grew at its slowest pace in a year during Q3, weighed down by trade tensions with the US, a prolonged property slump, and sluggish domestic … - [German Producer Prices Fall for 7th Month](https://todaymarkets.ae/german-producer-prices-fall-for-7th-month/): Producer prices in Germany dropped by 1.7% year-on-year in September 2025, following a 2.2% decline in August, which was the sharpest drop in 15 months. This marked the seventh consecutive month of annual producer price declines. The overall decrease was primarily driven by lower energy costs, which fell 7.3%. Key contributors within the energy sector … - [XAG/USD stabilizes above $52 after healthy correction](https://todaymarkets.ae/xag-usd-stabilizes-above-52-after-healthy-correction/): Silver price (XAG/USD) trades 0.7% higher to near $52.30 during the late Asian trading session on Monday. The white metal rebounds after a steep corrective move seen on Friday from the all-time high of $54.50. The precious metal faced intense selling pressure after comments from United States (US) President Donald Trump signaling that the additional … - [USD/CHF appreciates to near 0.7950 due to Swiss economic concerns](https://todaymarkets.ae/usd-chf-appreciates-to-near-0-7950-due-to-swiss-economic-concerns/): USD/CHF holds ground for the second consecutive day, hovering around 0.7930 during the Asian trading hours on Monday. The pair receives support as the Swiss Franc (CHF) weakens over domestic economic concerns. Traders will likely observe the Swiss Trade Balance data to gain further impetus on the Swiss economy, scheduled to be released on Tuesday. … - [BoJ Takata Renews Push for Rate Rise](https://todaymarkets.ae/boj-takata-renews-push-for-rate-rise/): Bank of Japan policy board member Hajime Takata renewed his call for an interest rate hike, citing eased tariff concerns and progress toward the central bank’s inflation target. “Headline inflation has stayed at 2% or above for three and a half years,” he said in a speech on Monday, adding that “now is a prime … - [Indian Markets Rally to Near 13-Month High](https://todaymarkets.ae/indian-markets-rally-to-near-13-month-high/): The BSE Sensex climbed 471 points, or 0.6%, to 84,423 in morning trade on Monday, gaining for the fourth straight session, mainly supported by tech and banking stocks. The banking sector rose 0.8%, buoyed by upbeat quarterly results from HDFC Bank, ICICI Bank, and IndusInd Bank. The broader index hit its highest level since September … - [NZ Shares Recover from Early Losses](https://todaymarkets.ae/nz-shares-recover-from-early-losses/): The S&P/NZX 50 index rose 0.4% to close at 13,355 on Monday, erasing earlier losses, driven by gains in financial and utility stocks. Westpac Banking led the advance with a 1.7% rise, followed by ANZ Group (+1.5%) and Precinct Properties (+1.6%). Among utilities, Contact Energy climbed 1.1% to its highest level since October 2 after … - [Takaichi Gains Key Support Ahead of Japan’s Leadership Vote](https://todaymarkets.ae/takaichi-gains-key-support-ahead-of-japans-leadership-vote/): Sanae Takaichi is poised to become Japan’s first female prime minister after the right-wing Japan Innovation Party, Ishin, signaled its support, Reuters reported Monday. Ishin co-leader and Osaka Governor Hirofumi Yoshimura said, “I told Takaichi that we should move forward together,” adding he would meet her later Monday to finalize their cooperation. The alliance between … - [USD/CAD edges lower to near 1.4000 despite weaker Oil prices](https://todaymarkets.ae/usd-cad-edges-lower-to-near-1-4000-despite-weaker-oil-prices/): USD/CAD loses ground for the second successful session, trading around 1.4010 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) struggles due to the ongoing US federal government shutdown. Traders will likely observe the Bank of Canada (BoC) Business Outlook Survey later in the day. The US government shutdown has stretched into … - [Gold stalls Friday's pullback from record peak on trade tensions, Fed rate cut bets](https://todaymarkets.ae/gold-stalls-fridays-pullback-from-record-peak-on-trade-tensions-fed-rate-cut-bets/): Gold (XAU/USD) edges higher at the start of a new week and, for now, seems to have stalled its sharp retracement slide from the all-time peak, touched on Friday. Persistent trade-related uncertainties, rising geopolitical risks, and concerns that a prolonged US government shutdown would affect the economic performance continue to act as a tailwind for the … - [Technical signals forecast a rebound in Dogecoin, Shiba Inu, Pepe](https://todaymarkets.ae/technical-signals-forecast-a-rebound-in-dogecoin-shiba-inu-pepe/): Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) bounce off the support floor formed earlier this month after the $19 billion broader market liquidation wave on October 10. Technical signals point to waning supply pressure, while a consistent bullish RSI divergence across DOGE, SHIB, and PEPE daily price charts suggests a … - [Bitcoin, Ethereum, Ripple – BTC, ETH and XRP struggle as selling pressure mounts](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-struggle-as-selling-pressure-mounts/): Bitcoin (BTC) struggles to regain bullish momentum, hovering around $107,800 on Monday after a 5.49% drop last week. Ethereum (ETH) slips below the key $4,000 level, hinting at further downside risks, while Ripple (XRP) also trades under pressure as momentum continues to weaken. Bitcoin could correct toward $102,000 if it closes below key support  Bitcoin price faced rejection from the … - [Indian Rupee Range-Bound Near 1-Month Highs](https://todaymarkets.ae/indian-rupee-range-bound-near-1-month-highs/): The Indian rupee was little changed to marginally higher around 88 per USD, hovering near a one-month high, as traders weighed the aftereffects of last week’s aggressive Reserve Bank of India interventions, which propelled the currency to its best weekly gain in nearly four months. The central bank’s surprise dollar sales sparked a recovery from … - [S&P Cuts France’s Credit Rating to A+](https://todaymarkets.ae/sp-cuts-frances-credit-rating-to-a/): S&P Global downgraded France’s credit rating by one notch on Friday in a surprise move, warning that political instability threatens the government’s efforts to repair its finances. Credit rating agencies rarely issue unscheduled downgrades, but S&P said the cut—from ‘AA-’ to ‘A+’ with a negative outlook—was justified after a tense political week. “We expect policy … - [China Ends U.S. Soybean Imports for First Time Since 2018](https://todaymarkets.ae/china-ends-u-s-soybean-imports-for-first-time-since-2018/): China imported no soybeans from the U.S. in September 2025 — the first time since November 2018 — as trade tensions between the world’s two largest economies deepened. Customs data showed U.S. imports fell to zero last month from 1.7 million metric tons a year earlier, while shipments from Brazil surged 29.9% to 10.96 million … - [Copper Rises as Risk Appetite Improves](https://todaymarkets.ae/copper-rises-as-risk-appetite-improves/): Copper futures climbed back above $5 per pound on Monday, rebounding from a one-week low as risk sentiment improved amid signs of easing US-China trade tensions. US President Donald Trump said his proposed retaliatory tariffs on Chinese goods would be unsustainable, while Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to … - [Trump Flags Rare Earths, Fentanyl, and Soybeans as Key China Issues](https://todaymarkets.ae/trump-flags-rare-earths-fentanyl-and-soybeans-as-key-china-issues/): President Donald Trump said rare earths, fentanyl, and soybeans are the U.S.’s main priorities in talks with China as both sides prepare to resume negotiations amid an expiring trade truce. “I don’t want them to play the rare earth game with us,” Trump told reporters aboard Air Force One on Sunday, days after threatening 100% … - [WTI holds losses near $57.00 due to OPEC+ oversupply concerns](https://todaymarkets.ae/wti-holds-losses-near-57-00-due-to-opec-oversupply-concerns/): West Texas Intermediate (WTI) Oil price trims its recent gains from the previous session, trading around $57.00 per barrel during the Asian hours on Monday. Crude Oil prices face challenges amid concerns over rising global supply. Last week’s International Energy Agency (IEA) report revealed expectations that the members of the Organization of the Petroleum Exporting Countries and … - [AUD/JPY strengthens above 98.00](https://todaymarkets.ae/aud-jpy-strengthens-above-98-00/): The AUD/JPY cross gains ground to around 98.10 during the Asian trading hours on Monday. The Japanese Yen (JPY) weakens against Australian Dollar (AUD) amid renewed concerns about Japan’s fiscal health. The preliminary reading of Australia S&P Global Purchasing Managers Index (PMI) reports for October will be released later on Friday.   Reuters repored ealry … - [GBP/USD consolidates above 1.3400 as softer USD offsets dovish BoE expectations](https://todaymarkets.ae/gbp-usd-consolidates-above-1-3400-as-softer-usd-offsets-dovish-boe-expectations/): The GBP/USD pair kicks off the new week on a subdued note following Friday’s good two-way price swings and holds steady above the 1.3400 round figure during the Asian session. Moreover, the mixed fundamental backdrop warrants some caution before positioning for an extension of the recent goodish recovery from the 1.3250-1.3245 region, or the lowest … - [EUR/USD remains subdued near 1.1650 as France’s credit rating downgrades](https://todaymarkets.ae/eur-usd-remains-subdued-near-1-1650-as-frances-credit-rating-downgrades/): EUR/USD struggles for the second successive session, trading around 1.1660 during the Asian hours on Monday. The pair depreciates as the Euro (EUR) struggles after Bloomberg reported on Saturday that S&P Global Ratings downgraded France’s credit rating to A+ from AA-, citing “elevated” budget uncertainty despite the government’s submission of its 2025 draft budget. France has lost … - [Broad Gains Lift Hong Kong Stocks After Friday Slump](https://todaymarkets.ae/broad-gains-lift-hong-kong-stocks-after-friday-slump/): Shares in Hong Kong surged 638 points, or 2.5%, to 25,885 around noon on Monday, rebounding sharply from a 2.5% drop in the prior session amid widespread gains across all sectors. Hopes mounted that China may introduce fresh stimulus to support the economy, following Q3 2025 GDP growth of 4.8% yoy, the slowest in a … - [US Futures Rise to Start the Week](https://todaymarkets.ae/us-futures-rise-to-start-the-week/): US stock futures edged higher on Monday as easing US-China trade tensions offered some relief, with investors turning their focus to major earnings reports and key inflation data later this week. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet in coming days to help defuse tensions, ahead of … - [Aussie Stocks Kick Off the Week Lower](https://todaymarkets.ae/aussie-stocks-kick-off-the-week-lower/): The S&P/ASX 200 fell 0.2% to 8,976 on Monday, paring gains from last week, weighed down by sharp declines in the gold and other mining stocks. Gold stocks posted their steepest decline in a week, tumbling 5.2% and snapping a five-session winning streak, as a stronger US dollar and comments from President Donald Trump on … - [Oil Drops Amid Oversupply Concerns](https://todaymarkets.ae/oil-drops-amid-oversupply-concerns/): WTI crude oil futures dropped to $57.3 per barrel on Monday, hovering near six-month lows, as concerns over a global supply glut continued to weigh on prices. The decline follows last week’s report from the IEA, which raised its projections for a market surplus in 2026 amid rising output from OPEC+ members. At the same … - [Dollar Holds Steady Amid Easing Trade Tensions](https://todaymarkets.ae/dollar-holds-steady-amid-easing-trade-tensions/): The dollar index steadied around 98.5 on Monday, holding gains from the previous session amid easing US-China trade tensions, with President Donald Trump stating that his proposed retaliatory tariffs on China would not be sustainable. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet this week in an effort to … - [Yen Weakens Ahead of Prime Minister Vote](https://todaymarkets.ae/yen-weakens-ahead-of-prime-minister-vote/): The yen weakened toward 151 per dollar on Monday, extending losses from the prior session as investors prepared for Japan’s leadership vote on Tuesday that will decide the country’s next prime minister. Sentiment was shaped by news that the ruling Liberal Democratic Party and the Japan Innovation Party agreed to form a coalition government, paving … - [Gold Gains, US-China Talks in Focus](https://todaymarkets.ae/gold-gains-us-china-talks-in-focus/): Gold prices rose to $4,260 per ounce on Monday after a sharp decline on Friday, with investors closely monitoring upcoming talks between US and China. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet this week, with President Donald Trump expressing optimism last week that negotiations could lead to an … - [China Q3 GDP Growth Weakest in A Year](https://todaymarkets.ae/china-q3-gdp-growth-weakest-in-a-year/): China’s economy expanded 4.8% yoy in Q3 2025, easing from 5.2% in Q2 and marking the slowest pace since Q3 2024. While in line with market consensus, GDP growth in the mainland has steadily lost momentum after a strong start to the year, pressured by trade tensions with the U.S., a prolonged property slump, and … - [China Retail Sales Hit 1-Year Low](https://todaymarkets.ae/china-retail-sales-hit-1-year-low/): China’s retail sales grew by 3.0% year-on-year in September 2025, slowing from a 3.4% gain in the previous month and marking the weakest expansion since August 2024. The slowdown was driven by significantly softer sales in household appliances and audio-visual equipment (3.3% vs 14.3% in August), gold, silver, and jewelry (9.7% vs 16.8%), sports and … - [South Korean Won Little Changed as Dollar Holds Firm](https://todaymarkets.ae/south-korean-won-little-changed-as-dollar-holds-firm/): The South Korean won hovered around 1,421 per dollar on Monday, showing little change from the previous session as a steady greenback tempered optimism over progress in US–Korea tariff talks. The dollar held firm amid easing US–China trade tensions, as officials in Washington and Beijing sought to ease tariff risks ahead of upcoming meetings, while … - [China Stocks Rise as Trade Tensions Ease](https://todaymarkets.ae/china-stocks-rise-as-trade-tensions-ease/): The Shanghai Composite rose 0.5% to around 3,860 while the Shenzhen Component rallied 1.5% to 12,880 on Monday, recouping some losses from the previous session amid signs of easing Sino-US trade tensions. US President Donald Trump said his proposed retaliatory tariffs on Chinese goods would be unsustainable, while US Treasury Secretary Scott Bessent and Chinese … - [US 10-Year Yield Holds Above 4%](https://todaymarkets.ae/us-10-year-yield-holds-above-4/): The yield on the 10-year US Treasury note held above 4% on Monday after rebounding in the prior session, as sentiment toward the regional banking sector stabilized following brief credit concerns. Signs of easing US-China trade tensions also lent support, with President Donald Trump noting that his proposed 100% retaliatory tariffs on Chinese goods would … - [Japan 10-Year Yield Rises Ahead of Premier Vote](https://todaymarkets.ae/japan-10-year-yield-rises-ahead-of-premier-vote/): Japan’s 10-year government bond yield climbed to around 1.66% on Monday, rebounding from four-week lows as investors prepared for Tuesday’s leadership vote that will decide the country’s next prime minister. Sentiment was influenced by news that the ruling Liberal Democratic Party and the Japan Innovation Party agreed to form a coalition government, paving the way … - [New Zealand Dollar Strengthens](https://todaymarkets.ae/new-zealand-dollar-strengthens/): The New Zealand dollar strengthened to around $0.574 on Monday, recouping losses from the last session, after data showed that inflationary pressures were at its highest in over a year. The Q3 annual inflation rate rose to 3%, reaching the top of the central bank’s 1–3% target band. Still, the increase came in as expected, … - [China’s Rare Earth Exports Drop 6.1% MoM in September](https://todaymarkets.ae/chinas-rare-earth-exports-drop-6-1-mom-in-september/): China’s rare earth magnet exports fell 6.1% month-on-month to 5,774 metric tons in September 2025, ending three months of gains ahead of the government’s October expansion of export controls targeting users in the defense and semiconductor sectors. The latest figure was down from a seven-month high of 6,146 tons in August. The monthly decline came … - [Aussie Dollar Gains on Trade Talk Optimism](https://todaymarkets.ae/aussie-dollar-gains-on-trade-talk-optimism/): The Australian dollar strengthened to around $0.650 on Monday, extending gains from the previous session amid optimism over a potential breakthrough in US-Australia trade talks. Prime Minister Anthony Albanese is scheduled to meet with US President Donald Trump in Washington, where he will present Australia’s extensive critical mineral reserves as a key alternative to counter … - [Offshore Yuan Holds Near 3-Week Highs](https://todaymarkets.ae/offshore-yuan-holds-near-3-week-highs/): The offshore yuan traded flat around 7.12 per dollar on Monday, holding near three-week highs as investors assessed a raft of fresh Chinese economic data. Figures showed the economy slowed for a second straight quarter, expanding at the weakest pace in a year as strong exports partly offset weaker consumer spending and investment. Retail sales … - [Chart of The Day - Gold](https://todaymarkets.ae/chart-of-the-day-gold/): Gold is gaining 1.10% today and breaking above $3,800 per ounce. December futures are also rising to $3,840. The main reason for such strong capital inflows at the very start of the week is the flight to safety amid uncertainty linked to the looming U.S. government shutdown, reinforced by expectations of Fed rate cuts and a weaker … - [Spanish Inflation Lower Than Expected](https://todaymarkets.ae/spanish-inflation-lower-than-expected/): 08:00 AM BST, Spain – Retail Sales Data for August: 08:00 AM BST, Spain – Inflation Data for September: Inflation in Spain reached its highest level in over a year, justifying the European Central Bank leaving interest rates unchanged next month. Consumer prices rose 3% in September compared with a year earlier, up from 2.7% in August, in line with economists’ expectations. However, … - [China Scales Back Metals Expansion to Curb Overcapacity](https://todaymarkets.ae/china-scales-back-metals-expansion-to-curb-overcapacity/): China has lowered its annual output growth target for key non-ferrous metals in 2025–26, signaling a policy pivot from rapid expansion to efficiency and sustainability. Production of the 10 main non-ferrous metals, including copper and aluminum, is now set to grow an average of 1.5% a year, the Ministry of Industry and Information Technology said … - [AUS 10Y Yield Falls Ahead of RBA Decision](https://todaymarkets.ae/aus-10y-yield-falls-ahead-of-rba-decision/): Australia’s 10-year government bond yield fell to around 4.35%, slightly retreating from a three-week high, tracking declines in US Treasuries amid government shutdown risks, while focus remained on the upcoming RBA decision. Australia also posted a smaller-than-expected FY2024/25 budget deficit, which eased pressure on government borrowing and added downward pressure on yields. Still, moves were … - [US 10-Year Yield Eases](https://todaymarkets.ae/us-10-year-yield-eases/): The yield on the 10-year US Treasury note slipped to around 4.16% on Monday, trimming last week’s gains as the risk of a government shutdown pressured sentiment and investors awaited key economic data. Parts of the government would close on Wednesday if Congress fails to approve a funding bill before the fiscal year ends on … - [China Tech Stocks Gain on AI Boost](https://todaymarkets.ae/china-tech-stocks-gain-on-ai-boost/): The Shanghai Composite slipped 0.2% to around 3,820 while the tech-heavy Shenzhen Component surged 1.3% to 13,380 on Monday, with the latter moving back toward multi-year highs as China’s drive for artificial intelligence continued to attract global investors. Data showed global hedge funds have been the most active on mainland markets in recent years, with … - [Offshore Yuan Extend Gains](https://todaymarkets.ae/offshore-yuan-extend-gains/): The offshore yuan appreciated to around 7.12 per dollar on Monday, extending the previous session’s gains, driven by fresh policy measures and expectations of further stimulus. The People’s Bank of China introduced steps to lure foreign investors into its bond market and promote wider use of the yuan, including expanding access to the bond repo … - [Copper Rises on Supply Worries](https://todaymarkets.ae/copper-rises-on-supply-worries/): Copper futures climbed above $4.75 per pound on Monday, extending last week’s advance as supply disruptions supported prices. Freeport-McMoRan, operator of Indonesia’s Grasberg mine, recently declared force majeure on contracted shipments after a fatal mudslide, with the site accounting for 3% of global copper supply. The company warned full output recovery is unlikely before 2027 … - [Palm Oil Starts Week Higher](https://todaymarkets.ae/palm-oil-starts-week-higher/): Malaysian palm oil futures were above MYR 4,400 per tonne, rebounding from prior losses on expectations of strong demand from India ahead of October’s festive season. Meanwhile, an industry analyst projected India’s edible oil imports to rise 4.6% to a record 17.1 million tonnes in 2025/26, driven by increased palm oil purchases. In Indonesia,the world’s … - [GBP/USD gains ground above 1.3400 as US PCE inflation data support Fed rate cut bets](https://todaymarkets.ae/gbp-usd-gains-ground-above-1-3400-as-us-pce-inflation-data-support-fed-rate-cut-bets/): The GBP/USD pair edges higher to near 1.3415 during the early Asian session on Monday. The US Dollar (USD) weakens against the Pound Sterling (GBP) as the US August inflation report reinforced market expectations that the US Federal Reserve (Fed) will likely proceed with another interest rate cut in October. The US Personal Consumption Expenditures (PCE) Price Index rose … - [USD/CHF falls to near 0.7950, awaits updates on US government shutdown risks](https://todaymarkets.ae/usd-chf-falls-to-near-0-7950-awaits-updates-on-us-government-shutdown-risks/): USD/CHF extends its gains for the second successive session, trading around 0.7960 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) continues to lose ground amid market caution, driven by shutdown risks of the United States (US) government. US President Donald Trump is set to meet congressional leaders on Monday to … - [NZD/USD strengthens above 0.5750 on growing risk of US government shutdown](https://todaymarkets.ae/nzd-usd-strengthens-above-0-5750-on-growing-risk-of-us-government-shutdown/): The NZD/USD pair holds positive ground near 0.5770 during the early Asian trading hours on Monday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) amid the growing risk of a US government shutdown. Traders brace for the Fedspeak later on Monday.  US President Donald Trump will meet with the top four congressional leaders … - [EUR/USD gains above 1.1700 due to rising Fed rate cut bets](https://todaymarkets.ae/eur-usd-gains-above-1-1700-due-to-rising-fed-rate-cut-bets/): EUR/USD extends its gains for the second successive session, trading around 1.1720 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) weakens after the US August inflation report boosted the likelihood that the US Federal Reserve (Fed) will likely deliver another interest rate cut in October. The US Personal Consumption Expenditures … - [XAG/USD holds gains above $46.50 due to Fed rate cut bets](https://todaymarkets.ae/xag-usd-holds-gains-above-46-50-due-to-fed-rate-cut-bets/): Silver price (XAG/USD) is trading around new 14-year high of $46.64, marked during the Asian hours on Monday. The non-interest-bearing Silver attracts buyers as the US August inflation report boosts the odds of the US Federal Reserve (Fed) delivering another interest rate cut in October. It is worth noting that investors could put their bets on precious metals … - [WTI aims to resume upside journey on the back of Fed dovish bets](https://todaymarkets.ae/wti-aims-to-resume-upside-journey-on-the-back-of-fed-dovish-bets/): West Texas Intermediate (WTI), futures on NYMEX, strives to gain ground slightly below $65.00 during the Asian trading session on Monday. The Oil price attracts slight bids as the US Dollar extends its correction amid firm expectations that the Federal Reserve (Fed) will cut interest rates in the October policy meeting. During the press time, the US Dollar … - [USD/CAD remains below 1.3950 after pulling back from four-month highs](https://todaymarkets.ae/usd-cad-remains-below-1-3950-after-pulling-back-from-four-month-highs/): USD/CAD halts its five-day winning streak, trading around 1.3920 during the Asian hours on Monday. The pair retreated after reaching a four-month high of 1.3958 on Friday as the US Dollar (USD) lost ground after the US August inflation report boosted the likelihood that the US Federal Reserve (Fed) will likely deliver another interest rate cut in October. … - [US Dollar Index attracts some sellers below 98.00 as US government risks shutdown](https://todaymarkets.ae/us-dollar-index-attracts-some-sellers-below-98-00-as-us-government-risks-shutdown/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note around 97.95 during the Asian trading hours on Monday. The DXY declines amid the growing risk of a US government shutdown.  US President Donald Trump will meet with Democratic and Republican … - [Australian Dollar rises as US Dollar depreciates on Fed rate cut bets](https://todaymarkets.ae/australian-dollar-rises-as-us-dollar-depreciates-on-fed-rate-cut-bets/): The Australian Dollar (AUD) appreciates on Monday, with the AUD/USD pair extending its gains for the second consecutive session. The US Dollar (USD) weakens as traders brace for shutdown risks of the United States (US) government, beginning from October 1. The AUD also draws support from fading odds of near-term policy easing by the Reserve … - [Swiss Inflation Drops Unexpectedly](https://todaymarkets.ae/swiss-inflation-drops-unexpectedly/): 07:30 AM BST, Switzerland – Inflation Data for November: The unexpected return of CPI to zero reignites the pressure on SNP, which is already at 0% with their interest rates. CHF weakened againts both the euro and the dollar after data was released, ending a brief period of gains in frank, inspired mainly by the stronger than expected retail … - [Japanese Shares Track Wall Street Higher](https://todaymarkets.ae/japanese-shares-track-wall-street-higher/): The Nikkei 225 Index rose 1.14% to close at 49,865 on Wednesday, recouping losses from earlier in the week and following gains on Wall Street amid expectations of further US Federal Reserve rate cuts. Risk appetite also improved as investors weighed the potential for a year-end rally in global equities. At home, caution persisted as … - [GBP/JPY holds above 206.00; upside seems capped as BoJ rate hike bets underpin JPY](https://todaymarkets.ae/gbp-jpy-holds-above-206-00-upside-seems-capped-as-boj-rate-hike-bets-underpin-jpy/): The GBP/JPY cross trades with a positive bias for the second straight day on Wednesday and climbs back above the 206.00 mark during the early part of the European session. Spot prices look to build on the overnight bounce from the vicinity of a one-week low, touched on Monday, though a combination of diverging forces … - [EUR/USD Price Forecast: Extends the recent rally to near 1.1650 amid bullish signal](https://todaymarkets.ae/eur-usd-price-forecast-extends-the-recent-rally-to-near-1-1650-amid-bullish-signal/): The EUR/USD pair extends its upside to around 1.1635 during the Asian trading hours on Wednesday. Signals that the European Central Bank (ECB) is done cutting interest rates provide some support to the Euro (EUR) against the US Dollar (USD). ECB President Christine Lagarde noted last week that borrowing costs are at the “right level.”   The ECB is anticipated … - [NZD/USD holds positive ground above 0.5750 on upbeat Chinese Services PMI data](https://todaymarkets.ae/nzd-usd-holds-positive-ground-above-0-5750-on-upbeat-chinese-services-pmi-data/): The NZD/USD pair attracts some buyers to around 0.5750 during the early European session on Wednesday. The upbeat Chinese economic data provides some support to the China-proxy Kiwi against the US Dollar (USD). The attention will shift to the release of the US ADP Employment Change and ISM Services Purchasing Managers Index (PMI) data later on Wednesday.  … - [GBP/USD edges higher above 1.3200 as Fed rate cut bets pressure US Dollar](https://todaymarkets.ae/gbp-usd-edges-higher-above-1-3200-as-fed-rate-cut-bets-pressure-us-dollar/): The GBP/USD pair gains traction to near 1.3235 during the early European session on Wednesday. The US Dollar (USD) remains weak against the Pound Sterling (GBP) amid growing expectations that the US Federal Reserve (Fed) will deliver a 25 basis points (bps) interest rate cut at its upcoming meeting next week.  Hopes for a December Fed rate reduction … - [EUR/GBP posts modest losses below 0.8800 despite dovish BoE expectations](https://todaymarkets.ae/eur-gbp-posts-modest-losses-below-0-8800-despite-dovish-boe-expectations/): The EUR/GBP cross posts modest losses near 0.8795 during the early European trading hours on Wednesday. Nonetheless, the potential downside for the cross might be limited amid dovish expectations from the Bank of England (BoE), which might weigh on the Pound Sterling (GBP).  Markets expect a potential interest rate cut from the UK central bank in December. … - [Gold retreats to the lower end of its daily range, holds above $4,200 amid mixed cues](https://todaymarkets.ae/gold-retreats-to-the-lower-end-of-its-daily-range-holds-above-4200-amid-mixed-cues/): Gold (XAU/USD) struggles to capitalize on a modest intraday move up and retreats to the lower end of its daily range heading into the European session on Wednesday. A generally positive tone around the equity markets is seen as a key factor acting as a headwind for the safe-haven precious metal. Furthermore, bulls opt to … - [Palm Oil Holds Two-Session Rise](https://todaymarkets.ae/palm-oil-holds-two-session-rise/): Malaysian palm oil futures rose for a second session on Wednesday, hovering above MYR 4,150 per tonne, supported by firmer edible oils on the Chicago and Dalian exchanges. Anticipation of stronger demand ahead of Lunar New Year and Ramadan in early 2026 also lent more support. In India, the top buyer, November imports edged higher … - [Russia Composite PMI Near Flat in November](https://todaymarkets.ae/russia-composite-pmi-near-flat-in-november/): Russia’s S&P Global Composite PMI registered 50.1 in November 2025, barely changed from October’s 50.2. The latest reading signaled broad stagnation in private-sector activity, with stronger services growth nearly offset by a sharper decline in manufacturing output. Total New orders stabilized after five months of contraction, supported by a renewed growth in services orders. Meanwhile, … - [Hong Kong Market Pulls Back After Two Sessions of Gains](https://todaymarkets.ae/hong-kong-market-pulls-back-after-two-sessions-of-gains/): Shares in Hong Kong dipped 273 points, or 1.0%, to 25,826 in early Wednesday trade, reversing gains from the prior two sessions amid steep, broad-based losses across sectors. Traders were nervous ahead of key policy events in China, including the annual Central Economic Work Conference and the December Politburo meeting. Fresh private survey data also … - [Bitcoin Climbs Above $92,000](https://todaymarkets.ae/bitcoin-climbs-above-92000/): Bitcoin surged back above $92,000 on Wednesday, rebounding sharply after briefly dipping below $84,000 at the start of the month. The rally reflected a return of risk appetite, supported by expectations of further US Federal Reserve rate cuts. Markets currently assign roughly an 89% probability to a 25 basis point Fed cut next week, with … - [AUS 10-Year Yield Hits Near 11-Month High](https://todaymarkets.ae/aus-10-year-yield-hits-near-11-month-high/): Australia’s government bond yield climbed to 4.64%, its highest level since mid-January, as hawkish signals from the Reserve Bank outweighed weak GDP data. The economy expanded 0.4% in the September quarter, falling short of the projected 0.7%. The yearly growth rate came in at 2.1%, slightly below the market forecast of 2.2% but marginally above … - [US 10-Year Yield Steadies as Fed Outlook Mulled](https://todaymarkets.ae/us-10-year-yield-steadies-as-fed-outlook-mulled/): The yield on the 10-year US Treasury note held around 4.08% on Wednesday, pausing a recent rise as investors weighed the outlook for Federal Reserve policy. Markets currently price roughly an 89% chance of a 25 basis point rate cut next week, with about 90 basis points of total easing priced in for 2026. Expectations … - [Japan 10-Year Yield Holds at Near 2-Decade High](https://todaymarkets.ae/japan-10-year-yield-holds-at-near-2-decade-high/): Japan’s 10-year government bond yield held steady around 1.87% on Wednesday, hovering at its highest level in nearly two decades amid speculation that the Bank of Japan could raise interest rates this month. BOJ Governor Kazuo Ueda said recently the central bank would carefully weigh the pros and cons of a rate hike and act … - [Offshore Yuan Hits Over 1-Year High](https://todaymarkets.ae/offshore-yuan-hits-over-1-year-high/): The offshore yuan strengthened past 7.06 per dollar, hitting its highest level since October 2024, supported by a strong central-bank fixing and improving sentiment toward the currency. The People’s Bank of China set the daily midpoint at 7.0754 per dollar, its firmest level since mid-October 2024, reflecting the central bank’s commitment to maintaining currency stability. … - [Won Pressured by Capital Outflows](https://todaymarkets.ae/won-pressured-by-capital-outflows/): The South Korean won slipped toward 1,470 per dollar, hovering near seven-month lows as market sentiment remained pressured by ongoing capital outflows despite strong economic growth data. Bank of Korea data showed the economy grew at its fastest pace in nearly four years in Q3, with real GDP rising 1.3% quarter-on-quarter and 1.8% year-on-year. Nevertheless, … - [Saudi Non-Oil Private Sector Growth Remains Strong](https://todaymarkets.ae/saudi-non-oil-private-sector-growth-remains-strong/): Riyad Bank Saudi Arabia’s PMI stood at 58.5 in November 2025, easing from October’s 11-year high of 60.2 but still pointing to a strong improvement in non-oil private sector conditions. Activity accelerated to its fastest pace since January as firms reported solid sales flows and steady project work. New business continued to rise sharply, though … - [India Services PMI Revised Upward](https://todaymarkets.ae/india-services-pmi-revised-upward/): The HSBC India Services PMI was revised higher to 59.8 in November 2025, up from preliminary estimates of 59.5 and from October’s five-month low of 58.9. The faster expansion in the services sector was supported by stronger growth in new orders. International sales continued to improve, though the rate of expansion decelerated to an eight-month … - [New Zealand Stocks Rise for Second Day](https://todaymarkets.ae/new-zealand-stocks-rise-for-second-day/): New Zealand’s benchmark S&P/NZX 50 index advanced 0.6% to end at 13,582 on Wednesday, extending the previous session’s gains amid strength in utilities, healthcare, and consumer non-durables. The local market followed a positive lead from Wall Street as investors geared up for an expected interest rate cut by the US Federal Reserve. Sentiment was further … - [Indian Markets Extend Losses for Fourth Session](https://todaymarkets.ae/indian-markets-extend-losses-for-fourth-session/): The BSE Sensex fell 277 points, or 0.3%, to 84,861 in Wednesday morning trade, down for the fourth consecutive session as traders turned cautious ahead of the RBI’s interest rate decision on Friday. Market forecasts suggest the central bank is expected to cut interest rates by 25 bps amid easing inflation. Investors also awaited the … - [Warmer US Weather Forecasts Knock Nat-Gas Prices Lower](https://todaymarkets.ae/warmer-us-weather-forecasts-knock-nat-gas-prices-lower/): January Nymex natural gas (NGF26) on Tuesday closed down by -0.081 (-1.65%). Jan nat-gas prices fell from a 3-year nearest-futures high on Tuesday and settled sharply lower.   Long liquidation pressures emerged on Tuesday to knock nat-gas prices lower after updated US weather forecasts turned warmer, potentially reducing nat-gas heating demand.  Forecaster Atmospheric G2 on … - [Cattle Rally Higher ](https://todaymarkets.ae/cattle-rally-higher-2/): Live cattle futures were up $4.25 to $4.90 to close out the Tuesday session. Cash trade has yet to take place this week. Last week was $220 in the South, with some northern trade at $208-210. Feeder cattle futures rallied on Tuesday with gains of $8.40 to $8.80 in the nearbys.  The CME Feeder Cattle Index … - [Cattle Rally Higher](https://todaymarkets.ae/cattle-rally-higher/): Live cattle futures were up $4.25 to $4.90 to close out the Tuesday session. Cash trade has yet to take place this week. Last week was $220 in the South, with some northern trade at $208-210. Feeder cattle futures rallied on Tuesday with gains of $8.40 to $8.80 in the nearbys.  The CME Feeder Cattle Index … - [Wheat Pops Higher on Black Sea Updates](https://todaymarkets.ae/wheat-pops-higher-on-black-sea-updates/): The wheat complex posted strength at the Tuesday close. Chicago SRW futures were 6 to 7 1/2 cents higher on the day. KC HRW futures were 6 to 7 cents in the green on Tuesday.  MPLS spring wheat were up 4 to 5 cents at the close. There were no deliveries issued against December CBT … - [Soybeans Slip Lower ](https://todaymarkets.ae/soybeans-slip-lower-2/): Soybeans faced weakness on Tuesday, with contracts down 2 to 3 ¼ cents. The cmdtyView national average Cash Bean price was 3 3/4 cents lower at $10.54 3/4. Soymeal futures were down $1.30 to $3, with Soy Oil futures 29 to 35 points higher. There were no deliveries issued against December soybean meal overnight, with 123 for bean oil. Outside of … - [Corn down then up and now above the line](https://todaymarkets.ae/corn-down-then-up-and-now-above-the-line/): The price of corn had a reversal up today and once again went above the 200-day moving average line. In my opinion, corn prices will go higher in the next 72 hours.  For the week ending November 27, 2025, United States Department of Agricultural (USDA) Market News reports U.S. corn export inspections totaling 1.421 million … - [Coffee Prices Sharply Lower as Supply Concerns Ease](https://todaymarkets.ae/coffee-prices-sharply-lower-as-supply-concerns-ease/): March arabica coffee (KCH26) on Tuesday closed down -6.25 (-1.65%), and January ICE robusta coffee (RMF26) closed down -121 (-2.71%). Coffee prices fell sharply on Tuesday, with robusta posting a 1-week low.  The outlook for abundant coffee supplies is weighing on prices after the European Parliament last Wednesday approved a 1-year delay to the deforestation … - [Cocoa Prices Retreat on Beneficial West African Weather](https://todaymarkets.ae/cocoa-prices-retreat-on-beneficial-west-african-weather/): March ICE NY cocoa (CCH26) today on Tuesday closed down -101 (-1.82%), and March ICE London cocoa #7 (CAH26) closed down -57 (-1.39%). Cocoa prices retreated on Tuesday, as favorable weather forecasts in West Africa are expected to improve yields and boost supplies.  Cocoa farmers in the Ivory Coast are reporting that a mix of … - [Projections of Smaller EU Sugar Acreage Boosts Sugar Prices](https://todaymarkets.ae/projections-of-smaller-eu-sugar-acreage-boosts-sugar-prices/): March NY world sugar #11 (SBH26) on Tuesday closed up +0.22 (+1.49%), and March London ICE white sugar #5 (SWH26) closed up +8.30 (+1.97%). Sugar prices rose on Tuesday amid bullish news from the European Union.  European sugar producers are expected to cut sugar acreage by 10% for the 2026-27 season, following a 10% drop … - [Cotton Eases Lower](https://todaymarkets.ae/cotton-eases-lower/): Cotton futures were steady to 7 points lower across most contracts on Tuesday. Crude oil futures were down 73 cents per barrel at $58.59 on the day, with the US dollar index $0.102 lower to $99.260.  Commitment of Traders data showed managed money trimming 98 contracts from their previous record net short position as of … - [Defense Stocks Under Pressure as Markets Await Outcome of Talks in Moscow](https://todaymarkets.ae/defense-stocks-under-pressure-as-markets-await-outcome-of-talks-in-moscow/): Financial markets are clearly in a wait-and-see mode today, awaiting the outcome of talks between US Special Envoy Steven Witkoff and Vladimir Putin, with any rumours of progress in the negotiations quickly translating into movements in the euro, European indices and the industrial and defence sector. Investors are discounting the growing likelihood of even a … - [Crédit Agricole has issued a recommendation for the NZDUSD currency pair.](https://todaymarkets.ae/credit-agricole-has-issued-a-recommendation-for-the-nzdusd-currency-pair/): Crédit Agricole Research recommends taking a long position on the pair with the following levels:   Crédit Agricole Research recommends taking a long position on NZDUSD at market price with a target of 0.5935 and a Stop Loss order at 0.5600. Source: xStation5     The material on this page does not constitute financial advice and does … - [AUD/NZD Recommendation From Goldman Sachs](https://todaymarkets.ae/aud-nzd-recommendation-from-goldman-sachs/): Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on the pair with the following levels: Entry (at market price): 1.1429Target: 1.1100Stop: 1.1700 Goldman Sachs recommends taking a short position on AUDNZD at the market price with a target of 1.1100 and a stop loss order … - [Limited Reaction in EUR/USD on Near Consensus Eurozone CPI Data](https://todaymarkets.ae/limited-reaction-in-eur-usd-on-near-consensus-eurozone-cpi-data/): 10:00 AM GMT, Euro Zone – Inflation Data for November: 10:00 AM GMT, Euro Zone – Employment Data for October: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on … - [Chart of The Day - Bitcoin](https://todaymarkets.ae/chart-of-the-day-bitcoin-2/): Bitcoin’s price is seeing a modest rebound after yesterday’s nearly 6% selloff, climbing back toward 86.5 thousand USD. However, looking at the two previous corrections during this bull market, we can see that the tendency to retest local lows is still present, and another attempt to “probe the bottom” should not be surprising. Bitcoin (D1 … - [France Budget Deficit Smallest in 4 Months](https://todaymarkets.ae/france-budget-deficit-smallest-in-4-months/): France’s central government budget deficit narrowed to EUR 136.2 billion at the end of October 2025, from EUR 157.4 billion in the same month of the previous year. It marked the smallest shortfall since June, as government revenues grew by 6.5% year-on-year to EUR 299.2 billion, primarily driven by increased net personal income tax, net … - [DAX 40 Finds Support as Bayer Soars](https://todaymarkets.ae/dax-40-finds-support-as-bayer-soars/): Frankfurt’s DAX 40 inched 0.1% higher toward the 23,600 level on Tuesday, attempting to recover from a 1% drop in the previous session, led by rally in Bayer shares. The agrochemical and pharmaceutical giant surged as much as 15% in early trading, the largest jump in more than 20 years, pushing its year-to-date gain to … - [Calm Before The Storm - BOE Gives U.K. Banks a Boost](https://todaymarkets.ae/calm-before-the-storm-boe-gives-u-k-banks-a-boost/): The focus this morning is likely to be on the stabilization for risk assets after Monday’s sell off. The start of December did not offer too much hope for the bulls, and if the first day of December trading is anything to go by, we could be following in November’s footsteps and sentiment may remain … - [U.S. Futures Ease](https://todaymarkets.ae/u-s-futures-ease/): U.S. stock futures dipped slightly on Tuesday after Wall Street fell on the first trading day of December following gains in the prior five sessions. Data on Monday showed U.S. manufacturing shrank for the ninth month in November, with import tariffs continuing to drag on activity. Investors now look ahead to key releases this week, … - [UK House Price Growth Exceeds Forecasts](https://todaymarkets.ae/uk-house-price-growth-exceeds-forecasts/): The UK Nationwide House Price Index rose 1.8% year-on-year in November 2025, above the expected 1.4% but slowing from October’s 2.4% gain, marking the softest annual growth since June 2024. On a monthly basis, prices increased 0.3%, compared to expectations of no growth and up from 0.2% in the prior period. Nationwide Chief Economist Robert … - [Trade of The Day - GOLD](https://todaymarkets.ae/trade-of-the-day-gold-2/): Facts: Recommendation: Trade: Long position on GOLD at market priceTarget: 4282, 4305Stop: 4185 Opinion: The gold market has been trading in an upward move recently. Looking at the technical situation, one can see that the precious metal bounced off the key mid-term support at $4202.70. This support is a result of previous price reactions, as well as … - [Dutch Inflation Rate Falls to 2.9%](https://todaymarkets.ae/dutch-inflation-rate-falls-to-2-9/): The annual inflation rate in the Netherlands eased to 2.9% in November 2025 from 3.1% in October, marking the lowest reading in three months, according to preliminary estimates. The main downward pressure came from a sharp slowdown in energy, including motor fuels, with inflation falling to 0.9% from 2.1% in October. Price growth also moderated … - [Chinese Stocks Slip on Risk-Off Mood](https://todaymarkets.ae/chinese-stocks-slip-on-risk-off-mood/): The Shanghai Composite slipped 0.2% to around 3,905, while the Shenzhen Component dropped 0.6% to 13,070 on Tuesday, with mainland stocks snapping a three-session winning streak as a risk-off mood hit markets. Investors were pressured by weak domestic manufacturing, with a private survey showing factory activity contracting again in November. Markets may be anticipating new … - [Treasury Yield Holds Advance](https://todaymarkets.ae/treasury-yield-holds-advance/): The yield on the US 10-year Treasury note held steady at 4.09% on Tuesday, after surging in the previous session to its highest level in about two weeks. Global bond markets were rattled on Monday after the Governor of the Bank of Japan hinted at a potential interest rate hike this month. Higher rates in … - [Palm Oil Reverses Losses](https://todaymarkets.ae/palm-oil-reverses-losses/): Malaysian palm oil futures jumped around 1% to above MYR 4,130 per tonne on Tuesday, swinging from weakness in the previous session as a weaker ringgit and firmer rival oils on the Chicago and Dalian exchanges boosted sentiment. On the demand side, imports in top buyer India are projected to surge to 9.3 million tonnes … - [USD/CAD holds onto recovery move near 1.4000 despite firm dovish Fed bets](https://todaymarkets.ae/usd-cad-holds-onto-recovery-move-near-1-4000-despite-firm-dovish-fed-bets/): The USD/CAD pair clings to Monday’s recovery move to near 1.4010 during the Asian trading session on Tuesday. The Loonie pair bounced back on Monday as the US Dollar (USD) rebounded despite weak United States (US) ISM Manufacturing Purchasing Managers’ Index (PMI) data for November strengthened the case for another interest rate cut by the Federal Reserve (Fed) this … - [EUR/USD strengthens above 1.1600 ahead of Eurozone HICP data](https://todaymarkets.ae/eur-usd-strengthens-above-1-1600-ahead-of-eurozone-hicp-data/): The EUR/USD pair extends its upside to near 1.1615 during the Asian trading hours on Tuesday. The US Dollar (USD) weakens against the Euro (EUR) as weaker-than-expected US Manufacturing PMI data heaps pressure on the Federal Reserve (Fed) to cut interest rates later this month.   Data released by the Institute for Supply Management (ISM) on Monday revealed that US manufacturing contracted for … - [Korean Stocks Rebound on Tariff Reduction](https://todaymarkets.ae/korean-stocks-rebound-on-tariff-reduction/): The benchmark KOSPI advanced 1.56% to around 3,980 on Tuesday, rebounding from two consecutive sessions of losses as investor sentiment improved following renewed coordination between Seoul and Washington. After the APEC summit, the US confirmed it would reduce certain tariffs under the bilateral agreement, including lowering automobile duties from 25% to 15%, along with adjustments … - [Hong Kong Equities Push Higher](https://todaymarkets.ae/hong-kong-equities-push-higher/): Hong Kong stocks rose 179 points, or 0.7%, to 26,218 in Tuesday morning trade, sustaining gains from the previous session amid broad-based sector strength. Sentiment improved further on expectations that weak November PMI readings in China could prompt Beijing to introduce fresh economic support. Investors also welcomed new data showing Hong Kong’s retail sales posted … - [WTI declines below $59.50 as bearish outlook prevails](https://todaymarkets.ae/wti-declines-below-59-50-as-bearish-outlook-prevails/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.25 during the Asian trading hours on Tuesday. The WTI edges slightly lower amid renewed US Dollar (USD) demand. Traders await the release of the American Petroleum Institute (API) crude oil stockpiles report later on Tuesday. Geopolitical risks and OPEC’s decision to leave output levels unchanged in the … - [XAU/USD edges higher above $4,200 on US rate cut expectations](https://todaymarkets.ae/xau-usd-edges-higher-above-4200-on-us-rate-cut-expectations/): Gold price (XAU/USD) extends the rally to near $4,230 during the early Asian trading hours on Tuesday. The precious metal edges higher to a near six-week high amid growing expectations of US interest rate cuts.  The US Manufacturing Purchasing Managers Index (PMI) contracted for the ninth straight month in November, the Institute for Supply Management (ISM) showed … - [GBP/USD slides as UK budget strains and US labor data weigh](https://todaymarkets.ae/gbp-usd-slides-as-uk-budget-strains-and-us-labor-data-weigh/): GBP/USD soured on Monday, starting off the December trading window declining around one-quarter of one percent, pushing back down from a key technical confluence region that will likely inspire further short selling behind the Pound Sterling (GBP) unless global flows into the US Dollar (USD) reverse course. Pound struggles under the weight of political troubles Chancellor … - [NZD/USD holds steady above 0.5700; stalls overnight pullback from one-month peak](https://todaymarkets.ae/nzd-usd-holds-steady-above-0-5700-stalls-overnight-pullback-from-one-month-peak/): The NZD/USD pair ticks lower during the Asian session on Tuesday and moves further away from an over one-month peak, around mid-0.5700s, touched the previous day. Spot prices currently trade near the 0.5720 region, though the fundamental backdrop warrants some caution for bearish traders and before positioning for deeper losses. The New Zealand Dollar (NZD) … - [AUD/USD flatlines below 0.6550 as traders await Australian GDP release](https://todaymarkets.ae/aud-usd-flatlines-below-0-6550-as-traders-await-australian-gdp-release/): The AUD/USD pair trades on a flat note near 0.6540 during the early Asian trading hours on Tuesday. Weaker-than-expected US economic data and rising US interest rate cut expectations in December drag the US Dollar (USD) lower against the Australian Dollar (AUD). Traders will closely monitor the Australian Gross Domestic Product (GDP) data for the third quarter … - [XAG/USD tumbles below $57.00 on profit-taking](https://todaymarkets.ae/xag-usd-tumbles-below-57-00-on-profit-taking/): Silver price (XAG/USD) falls to around $56.70 during the Asian trading hours on Tuesday. The white metal faces some profit-taking after reaching a record high in the previous session. However, expectations that the US central bank will cut interest rates further this month and persistent concerns over global supply tightness might cap its downside.  Silver retreats from … - [Japanese Yen moves further away from two-week high vs USD amid positive risk tone](https://todaymarkets.ae/japanese-yen-moves-further-away-from-two-week-high-vs-usd-amid-positive-risk-tone/): The Japanese Yen (JPY) edges lower during the Asian session on Tuesday and retreats further from a two-week high, touched against its American counterpart the previous day. A generally positive tone around the Asian equity markets is seen as a key factor undermining the JPY’s safe-haven status. Apart from this, the JPY downtick lacks any … - [December Brings a Different Narrative](https://todaymarkets.ae/december-brings-a-different-narrative/): The beginning of December brought a sharp decline in cryptocurrencies. Bitcoin is being pushed below $85,000, losing 7% of its value, while Strategy (MSTR.US) shares are falling more than 8%. The scene was dominated by both broader macroeconomic factors and specific decisions by the largest corporate holder of bitcoin. Risk-off in the markets Today’s sell-off … - [Much Ado About Tesla](https://todaymarkets.ae/much-ado-about-tesla/): Renowned investor Michael Burry has resumed his criticism of the technology sector. In his new Substack, “Cassandra Unchained,” he described Tesla (TSLA.US) as absurdly overvalued, adding it to the list of speculative bubbles alongside Nvidia and Palantir. Burry closed his hedge fund Scion Asset Management in November and launched a paid newsletter for £39 per … - [Oil Holds Advance](https://todaymarkets.ae/oil-holds-advance/): WTI crude oil futures hovered around $59.5 per barrel on Tuesday after rising more than 1% in the previous session, supported by geopolitical risks threatening global supply and the latest OPEC+ decision. Ukrainian attacks over the weekend severely damaged a mooring at the Caspian Pipeline Consortium, which links Kazakh fields to Russia’s Black Sea coast, … - [Natural Gas futures surged to 3-year highs.](https://todaymarkets.ae/natural-gas-futures-surged-to-3-year-highs/) - [Global PMIs, OPEC and Powell.](https://todaymarkets.ae/global-pmis-opec-and-powell/) - [Colder US Temps Lift Nat-Gas Prices](https://todaymarkets.ae/colder-us-temps-lift-nat-gas-prices/): January Nymex natural gas (NGF26) on Monday closed up by +0.071 (+1.46%). Jan nat-gas prices on Monday added to last Friday’s sharp gains and posted a nearly 3-year nearest-futures high.  Expectations of colder US temperatures, which will boost nat-gas heating demand, are lifting prices.  Forecaster Atmospheric G2 on Monday said that forecasts shifted colder across … - [Crude Prices Push Higher on Dollar Weakness and Reduced Russian Oil Exports](https://todaymarkets.ae/crude-prices-push-higher-on-dollar-weakness-and-reduced-russian-oil-exports/): January WTI crude oil (CLF26) on Monday closed up +0.77 (+1.32%), and January RBOB gasoline (RBF26) closed up +0.00474 (+2.60%). Crude oil and gasoline prices settled higher on Monday, with crude posting a 1-week high.  Monday’s decline in the dollar index (DXY00) to a 2-week low is bullish for energy prices.  Also, reduced Russian crude … - [Cattle Fall to Start the Week](https://todaymarkets.ae/cattle-fall-to-start-the-week/): Live cattle futures saw losses of.$1.37 to 2. Cash trade improved late last week with $220 in the South on Friday, with some northern trade at $215, up from the $208-210 seen in the first half of the week. Feeder cattle futures were down $1 to $2.90 across most contracts at midday The CME Feeder Cattle … - [Wheat Closes Mostly Lower](https://todaymarkets.ae/wheat-closes-mostly-lower/): The wheat complex was mostly lower on Monday.. Chicago SRW futures were fractionally to 4 cents in the red on Monday. KC HRW futures were fractionally lower in the nearbys. MPLS spring wheat was mixed, as December was up ¾ and other contracts were down 2 to 3 cents. There were no deliveries issued against … - [Corn Falls Lower ](https://todaymarkets.ae/corn-falls-lower/): Corn futures gave back some of last week’s late strength on Monday, with contracts down 2 to 3 cents in the nearbys. There were 64 deliveries issued against December corn on Friday night. The CmdtyView national average Cash Corn price was back down today at $3.99.  This morning’s Export Inspections report showed a total of 1.421 MMT … - [Soybeans Start December with Weaker Trade](https://todaymarkets.ae/soybeans-start-december-with-weaker-trade/): Soybean traders were back to it on Monday, after the holiday shortened week, as contracts closed 7 to 10 cents higher. The cmdtyView national average Cash Bean price was 7 cents lower at $10.57 1/2. Soymeal futures were down $3.30 to $4.80, with Soy Oil futures 29 to 55 points higher. There were 147 deliveries issued against December soybean meal on … - [Coffee Prices Pressured as the Outlook for Global Supplies Improves](https://todaymarkets.ae/coffee-prices-pressured-as-the-outlook-for-global-supplies-improves/): March arabica coffee (KCH26) on Monday closed down -1.50 (-0.39%), and January ICE robusta coffee (RMF26) closed down -93 (-2.04%). Coffee prices fell to 1-week lows on Monday and settled lower.  The outlook for abundant coffee supplies is weighing on prices after the European Parliament last Wednesday approved a 1-year delay to the deforestation law, … - [Cocoa Prices Settle Higher as the Global Cocoa Surplus Shrinks](https://todaymarkets.ae/cocoa-prices-settle-higher-as-the-global-cocoa-surplus-shrinks/): March ICE NY cocoa (CCH26) on Monday closed up +52 (+0.94%), and March ICE London cocoa #7 (CAH26) closed up +24 (+0.59%). Cocoa prices on Monday added to last Friday’s sharp gains, with NY cocoa posting a 2-week high and London cocoa posting a 1.5-week high.  Cocoa prices have carryover support from last Friday when … - [Sugar Prices Sharply Lower as India Ramps Up Sugar Production](https://todaymarkets.ae/sugar-prices-sharply-lower-as-india-ramps-up-sugar-production/): March NY world sugar #11 (SBH26) on Monday closed down -0.45 (-2.96%), and March London ICE white sugar #5 (SWH26) closed down -14.40 (-3.31%). Sugar prices fell sharply to 1-week lows on Monday as India ramped up sugar production.  The India National Federation of Cooperative Sugar Factories Ltd reported Monday that Indian sugar production from … - [Cotton Slips to Start December](https://todaymarkets.ae/cotton-slips-to-start-december/): Cotton futures saw 7 to 12 point losses across most contracts on Monday. Crude oil futures were $1 higher per barrel at $59.55 on the day, with the US dollar index $0.058 lower to $99.350.  USDA’s Export Sales report showed 132,760 RB of cotton sold in the week of 10/23, back down 24.43% from the … - [New Zealand Shares Inch Higher](https://todaymarkets.ae/new-zealand-shares-inch-higher/): New Zealand stocks edged up 17 points, or 0.1%, to 13,465 in Tuesday morning trade, reversing prior-session losses amid gains mainly in consumer durables and energy minerals. Sentiment improved after new central bank governor Anna Breman told a parliamentary committee Monday that inflation stability and growth were priorities, while pledging greater transparency in policy decisions. … - [U.S. Futures Muted as Markets Await Key Data](https://todaymarkets.ae/u-s-futures-muted-as-markets-await-key-data/): U.S. stock futures were little changed on Tuesday after Wall Street opened December on a soft note amid renewed risk-off sentiment. Markets remain focused on the Fed’s policy path, with over 85% of bets pointing to a 25bps cut at next week’s meeting. The Fed has now entered its blackout period. Data releases are also … - [US Confirms South Korea's 15% Tariff Rate Retroactive to November 1](https://todaymarkets.ae/us-confirms-south-koreas-15-tariff-rate-retroactive-to-november-1/): US Commerce Secretary Howard Lutnick on Monday confirmed that the general tariff rate on imports from South Korea, including autos, would drop to 15% retroactive to November 1 because South Korea has introduced legislation in parliament to implement the country’s strategic US investment commitments, as Reuters reported. In a statement posted on X, Lutnick said … - [Australia’s Q3 Current Account Deficit Exceeds Forecasts](https://todaymarkets.ae/australias-q3-current-account-deficit-exceeds-forecasts/): Australia’s current account deficit widened to AUD 16.6 billion in the third quarter of 2025, up from an upwardly revised AUD 16.2 billion in the second quarter and exceeding market expectations of a AUD 13.3 billion shortfall. This marked the largest current account gap since the fourth quarter of 2024, as the goods and services … - [UK Shop Price Inflation Hits 5-Month Low](https://todaymarkets.ae/uk-shop-price-inflation-hits-5-month-low/): UK shop price inflation eased to 0.6% in November 2025 from 1.0% in the prior month, marking a second consecutive monthly decline and the lowest rate since June, according to the British Retail Consortium and NielsenIQ. The latest reading came in below the three-month average of 1.0%, reflecting earlier and more aggressive Black Friday discounting. … - [Australian Shares Rebound](https://todaymarkets.ae/australian-shares-rebound/): The S&P/ASX 200 rose 0.2% to 8,583 on Tuesday, rebounding from losses in the previous session as gains in mining and energy stocks supported the index. Among the major miners, BHP Group rose 1%, Rio Tinto advanced 1.3%, and Fortescue gained 0.6%, while energy heavyweights Woodside Energy Group increased 1.3% and Santos added 1.2%, supported … - [Euro Strengthens to Two-Week High](https://todaymarkets.ae/euro-strengthens-to-two-week-high/): The euro rebounded above $1.16, reaching its strongest level since mid-November, as investors adopted a cautious stance ahead of key Eurozone and US economic data that could influence interest rate expectations. Recent inflation reports showed Germany’s EU-harmonized rate accelerating to 2.6%, its highest since February, while Spain’s HICP remained well above the ECB’s 2% target. … - [Copper Hits Four-Month High on Tight Supply](https://todaymarkets.ae/copper-hits-four-month-high-on-tight-supply/): Copper futures rose above $5.2 per pound on Monday, reaching its highest level in four months supported by tight supply and elevated premiums. The advance tracked a record peak on the London Metal Exchange last Friday due to supply constraints, including lower output in Chile, planned cuts by Chinese smelters, and a weaker dollar. The … - [UK Net Mortgage Borrowing Slows](https://todaymarkets.ae/uk-net-mortgage-borrowing-slows/): Net borrowing of mortgage debt by UK individuals fell to £4.3 billion in October 2025, down from £5.2 billion in September and below market expectations of £4.5 billion. Gross lending edged slightly lower to £24.5 billion from £24.8 billion, while gross repayments rose by £1.5 billion to £22.1 billion. The annual growth rate for net … - [Germany Bund Yield Rises Amid Global Risk-Off](https://todaymarkets.ae/germany-bund-yield-rises-amid-global-risk-off/): Germany’s 10-year Bund yield climbed above 2.7%, approaching its highest level since early October, as a global flight from risk unfolded ahead of key Eurozone and US economic data that could shape the monetary policy outlook. Last week’s mixed inflation data across Europe’s largest economies, combined with ECB meeting minutes signaling no urgency to begin … - [TTF Prices Continue to Decline](https://todaymarkets.ae/ttf-prices-continue-to-decline/): European natural gas futures fell to €28/MWh at the start of December, their lowest level since April 2024, extending a decline of more than 7% in November. Prices have come under pressure as US-led ceasefire talks between Ukraine and Russia raised the prospect of an end to the three-year war and the potential softening of … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-12/): USDJPY begins December by sliding 0.5% in reaction to the latest comments from the Bank of Japan (BOJ) Governor, who for the first time in months clearly suggested the possibility of an interest rate hike at the BOJ’s December meeting. USDJPY broke below the 10-day exponential moving average (EMA10; yellow) today, the level where the … - [The Week Ahead - Risk come back stalls, as crypto slides](https://todaymarkets.ae/the-week-ahead-risk-come-back-stalls-as-crypto-slides/): The narrative has abruptly shifted on Monday. After a powerful rally that helped US and European stocks reverse earlier losses and close November with small gains, equity futures are now in the red across the US and Europe, after sentiment took a knock following a sharp decline across crypto markets. Bitcoin is lower by more … - [GBP Ticks up Slightly on In-Line PMI Data](https://todaymarkets.ae/gbp-ticks-up-slightly-on-in-line-pmi-data/): 09:30 AM BST, United Kingdom – PMI Data for November: The lack of a negative surprise helped the pound breathe and recover some of its early trading losses. Nevertheless, the pound’s strength began even before the release, likely driven by a relatively weaker outlook in the Eurozone. Source: xStation5 The material on this page does not constitute financial advice … - [Eurozone Final Manufacturing PMI Slightly Lower Than Expected](https://todaymarkets.ae/eurozone-final-manufacturing-pmi-slightly-lower-than-expected/): 08:15 AM BST, Spain – PMI Data for November: 08:45 AM BST, Switzerland – PMI Data: 08:45 AM BST, Italy – PMI Data for November: 08:50 AM BST, France – PMI Data for November: 08:55 AM BST, Germany – PMI Data for November: 09:00 AM BST, Euro Zone – PMI Data for November: Eurozone manufacturing weakened to a five-month low as output and new orders fell, signaling renewed contraction despite a small uptick in business confidence. While six … - [Swiss Retail Sales Above Estimates](https://todaymarkets.ae/swiss-retail-sales-above-estimates/): 08:30 AM GMT, Switzerland – Retail Sales for October: Real retail sales in Switzerland rose more than expected and the previous figure was revised upward from 1.5% to 1.8%. This steady rebound in sales following the late-summer to early-autumn slump helps ease concerns about a tariff-driven economic downturn. With Swiss interest rates already at 0%, continued growth in … - [Indian Stocks Extend Gains for 4th Session](https://todaymarkets.ae/indian-stocks-extend-gains-for-4th-session/): The BSE Sensex rose 130 points, or 0.2%, to 85,837 in morning trade on Monday, gaining for the fourth straight session, buoyed by robust GDP growth. India’s economy expanded 8.2% in the July–September quarter, beating forecasts of 7.3% and up from 7.8% in the previous quarter. Hopes of interest rate cuts from both the RBI … - [Australia Commodity Prices Fall at Faster Pace](https://todaymarkets.ae/australia-commodity-prices-fall-at-faster-pace/): The Reserve Bank of Australia’s Index of Commodity Prices fell 1.7% year-on-year in November 2025, compared with a 1.3% decline in the previous month. This marked the second consecutive month of annual price decreases, as lower costs for thermal coal, alumina, and liquefied natural gas outweighed increases in gold and rural commodities. On a monthly … - [Palm Oil Inches Higher to Begin December](https://todaymarkets.ae/palm-oil-inches-higher-to-begin-december/): Malaysian palm oil futures edged up on the first trading day of December, hovering near MYR 4,120 per tonne and aiming for a fourth session of gains, supported by firmer edible oils on the Dalian exchange. Supply concerns also lent support, as MPOB data showed output rose 3.2% in November 1–20, a sharp slowdown from … - [Dutch Retail Sales Growth at 5-Month Low](https://todaymarkets.ae/dutch-retail-sales-growth-at-5-month-low/): Retail sales in the Netherlands rose by 3.1% year-on-year in October 2025, easing from a 3.8% increase in the previous month. This marked the slowest growth in retail activity since May, driven by a softer increase of food sales (3.2% vs 4.2% in September), particularly in supermarkets (3.7% vs 5%), while trade in specialty stores … - [South Korean Won Extends Losses on Heavy Outflows](https://todaymarkets.ae/south-korean-won-extends-losses-on-heavy-outflows/): The South Korean won weakened to around 1,470 per dollar on Monday, extending losses from the previous session and hovering close to its lowest level in over seven months, pressured by persistent foreign equity outflows and firm corporate demand for US dollars. Offshore investors recorded their largest monthly net selling on Korean shares in November, … - [NZX 50 Slips on First Trading Day of December](https://todaymarkets.ae/nzx-50-slips-on-first-trading-day-of-december/): New Zealand’s benchmark S&P/NZX 50 index fell 0.3% to 13,449 on Monday, giving back last week’s gains, pressured by heavy losses in financials amid expectations of an end to monetary policy easing. Last week, the Reserve Bank cut its cash rate by 25bps to 2.25%, the lowest since June 2022, but projections imply just a … - [UK set to launch crypto tax evasion measures in 2026](https://todaymarkets.ae/uk-set-to-launch-crypto-tax-evasion-measures-in-2026/): UK crypto exchanges will be required to report detailed transaction data on resident users to  HM Revenue & Customs (HMRC) starting January 1, 2026, strengthening tax compliance among crypto investors in the region. UK prepares fresh tax compliance rules for crypto exchanges The UK is preparing to tighten oversight of digital asset activity, with new … - [Bitcoin, Ethereum, XRP face major losses as December begins](https://todaymarkets.ae/bitcoin-ethereum-xrp-face-major-losses-as-december-begins/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are off to a bearish start in December, with over 4% losses by press time on Monday. Bitcoin, Ethereum, and Ripple face renewed selling, risking further losses to $80,000 BTC, $2,100 ETH, and $1.90 XRP, respectively.  The fresh sell-off wave aligns with Bank of Japan (BoJ) Governor Kazuo Ueda’s statement that possible … - [India Manufacturing PMI Revised Lower](https://todaymarkets.ae/india-manufacturing-pmi-revised-lower/): The HSBC India Manufacturing PMI eased to 56.6 in November 2025, revised down from initial estimates of 57.4 and October’s 59.2. This marks the slowest improvement in operating conditions since February, though the sector remained above its long-run average of 54.2. Factory output expanded at a sharp pace, but growth was the weakest since February, … - [China Manufacturing PMI Hits 4-Month Low](https://todaymarkets.ae/china-manufacturing-pmi-hits-4-month-low/): The RatingDog China General Manufacturing PMI fell to 49.9 in November 2025 from 50.6 in the previous month, hitting its lowest level since July and missing market forecasts of 50.5. The latest result indicated a slight drop in factory activity, with output and new orders largely stagnant amid renewed job cuts and subdued purchasing levels. … - [EUR/JPY weakens below 180.50 as BoJ's Ueda hints at rate hike](https://todaymarkets.ae/eur-jpy-weakens-below-180-50-as-bojs-ueda-hints-at-rate-hike/): The EUR/JPY cross attracts some sellers near 180.45 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) due to the latest comments from Bank of Japan (BoJ) Governor Kazuo Ueda. The HCOB Manufacturing Purchasing Managers Index (PMI) from the Eurozone, Germany, and France will be released later on Monday. … - [XAU/USD extends the rally above $4,200 as Fed rate cut bets grow](https://todaymarkets.ae/xau-usd-extends-the-rally-above-4200-as-fed-rate-cut-bets-grow/): Gold price (XAU/USD) trades in positive territory near $4,230 during the early Asian trading hours on Monday. The precious metal edges higher amid growing speculation that the US Federal Reserve (Fed) may cut interest rates in December. Traders await the release of the US ISM Manufacturing Purchasing Managers Index (PMI) report for November later on Monday.  Expectations of continued … - [WTI declines to near $61.00 as OPEC+ to raise production at next meeting](https://todaymarkets.ae/wti-declines-to-near-61-00-as-opec-to-raise-production-at-next-meeting/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.15 during the Asian trading hours on Tuesday. The WTI drifts lower as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) is expected to increase oil output once again for December. According to the latest Bloomberg report citing two delegates from the cartel, … - [XAG/USD slips below $47.00 due to optimism over US-China trade deal](https://todaymarkets.ae/xag-usd-slips-below-47-00-due-to-optimism-over-us-china-trade-deal/): Silver price (XAG/USD) remains subdued for the third successive session, trading around $46.80 per troy ounce during the Asian hours on Tuesday. The price of the safe-haven Silver declined 3.78% in the previous session amid risk-on sentiment, driven by the optimism over the United States (US)-China trade negotiations. Senior officials from the US and China announced over … - [Gold bounces off two-week low amid weaker USD, Fed rate-cut bets; trade optimism caps gains](https://todaymarkets.ae/gold-bounces-off-two-week-low-amid-weaker-usd-fed-rate-cut-bets-trade-optimism-caps-gains/): Gold (XAU/USD) attracts some buyers during the Asian session on Tuesday and recovers a part of the previous day’s losses to the $3,972-3,971 region, or an over two-week low. The US Dollar (USD) drifts lower for the second straight day amid the growing acceptance that the US Federal Reserve (Fed) will lower borrowing costs two more times this … - [Japanese Yen sticks to gains amid intervention fears, ahead of Fed/BoJ rate decisions](https://todaymarkets.ae/japanese-yen-sticks-to-gains-amid-intervention-fears-ahead-of-fed-boj-rate-decisions/): The Japanese Yen (JPY) strengthens across the board during the Asian session on Tuesday as comments from Japan’s Economics Minister Minoru Kiuchi fueled speculations about a possible government intervention to stem further falls in the domestic currency. This, along with some repositioning trade ahead of the crucial Federal Reserve (Fed) and the Bank of Japan (BoJ) rate … - [USD/CAD remains below 1.4000 amid dovish tone surrounding Fed decision](https://todaymarkets.ae/usd-cad-remains-below-1-4000-amid-dovish-tone-surrounding-fed-decision/): USD/CAD extends its losses for the second consecutive day, trading around 1.3990 during the Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) faces challenges due to the increased likelihood of a rate cut by the US Federal Reserve (Fed) on Wednesday. The Fed is widely expected to lower interest rates by another 25 basis … - [Australian Dollar holds gains as US Dollar declines on Fed rate cut bets](https://todaymarkets.ae/australian-dollar-holds-gains-as-us-dollar-declines-on-fed-rate-cut-bets/): The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Tuesday for the second successive session. The AUD/USD pair gained ground due to decreasing rate cut bets by the Reserve Bank of Australia (RBA). Markets are now assigning only a 15% probability to a rate cut next week, a steep drop from 60% earlier, following … - [Brent Prices Reverse Early Gains](https://todaymarkets.ae/brent-prices-reverse-early-gains/): Brent crude oil futures dropped to $65.4 per barrel on Monday as concerns over ample supply outweighed optimism surrounding a potential US-China trade deal. Oil prices had initially risen after US Treasury Secretary Scott Bessent announced that he had reached a “substantial framework” with Chinese Vice Premier He Lifeng, which will be discussed when their … - [Wheat Futures Rally on US-China Trade Optimism](https://todaymarkets.ae/wheat-futures-rally-on-us-china-trade-optimism/): Wheat futures jumped more than 2% to above $5.20 per bushel, reaching their highest level since late September, fueled by renewed optimism over US-China trade negotiations. Investors are now focused on the Thursday meeting between Presidents Trump and Xi Jinping, expected to finalize the framework of a preliminary deal discussed over the weekend. On Sunday, … - [US Stocks at Fresh Record Highs](https://todaymarkets.ae/us-stocks-at-fresh-record-highs/): US stocks climbed to fresh record highs on Monday, with the S&P 500 rising 0.9%, the Dow Jones gaining 260 points, and the Nasdaq advancing 1.4%, amid renewed optimism over a US–China trade deal. Treasury Secretary Scott Bessent said he believes there is a “very successful framework” for Presidents Biden and Xi to discuss on … - [TSX Struggles for Direction](https://todaymarkets.ae/tsx-struggles-for-direction/): The S&P/TSX Composite swung flat around the 30,350 mark on Monday as gains in tech and financials were offset by weakness among major miners while investors digested fresh trade developments between the United States and China and lingering friction with Canada. Top Chinese and US economic officials sketched a trade framework on Sunday for Presidents … - [Soybean Futures Surge to 4-Month High](https://todaymarkets.ae/soybean-futures-surge-to-4-month-high/): Soybean futures rallied toward $10.6 per bushel, the highest since late June, as renewed optimism over China’s soybean purchases bolstered market sentiment. Traders are closely watching a highly anticipated meeting this week in South Korea between US President Donald Trump and Chinese President Xi Jinping. Following the latest China–US trade consultations, the Chinese side said … - [Aluminum Rises to Over 3-Year High](https://todaymarkets.ae/aluminum-rises-to-over-3-year-high/): Aluminum futures in the UK rose past $2,870 per tonne in October, the highest in over three years amid a backdrop of tight supply in the near term and bullish longer term demand. Top producer China reiterated its priority of preventing overcapacity in metal production as strong competition between the country’s smelters contributed to an … - [UK Retailers Struggle: CBI Gauge](https://todaymarkets.ae/uk-retailers-struggle-cbi-gauge/): The CBI Distributive Trades Survey rose slightly to -27 in October 2025 from -29 in September, indicating UK retailers continued to report declining sales, with expectations for November worsening to -39. Despite the modest improvement, sales have now fallen for 13 consecutive months as consumer confidence remains weak. The CBI said shoppers are growing more … - [German 10-Year Yield Near Two-Week High](https://todaymarkets.ae/german-10-year-yield-near-two-week-high/): Germany’s 10-year Bund yield hovered around 2.63%, its highest level in nearly two weeks, as investors positioned for a busy week of global trade talks, central bank decisions, and key economic data releases. Market sentiment improved amid renewed optimism over US–China trade negotiations, with Presidents Trump and Xi Jinping set to meet on Thursday to … - [WTI holds gains near $61.00 as Iraq reports record Oil exports](https://todaymarkets.ae/wti-holds-gains-near-61-00-as-iraq-reports-record-oil-exports/): Oil prices are trimming some gains on Monday, as Iraq’s oil minister reported a record Crude exports, beyond 102 million barrels in September, and announced negotiations about the size of its quota with OPEC. The US benchmark West Texas Intermediate has hit session lows just below $61.00, but is holding most of the gains taken last … - [Gold Sets a Lower Tone Ahead of FED Meeting](https://todaymarkets.ae/gold-sets-a-lower-tone-ahead-of-fed-meeting/): First Weekly Decline Since August Gold is trading lower at the start of this week. Last week marked the first weekly decline since the second week of August. Should this week also end in a loss, it would be the first such instance since June. Furthermore, we have not seen gold fall for more than … - [Trade of The Day - CAC40](https://todaymarkets.ae/trade-of-the-day-cac40/): Facts: Trade: SHORT position on FRA40 at market price.Target: TP1 – 7960, TP2 – 7730Stop: SL1 – 8400 FRA40 (D1) Source: xStation5 OPINION: On the FRA40 contracts chart, the fourth test and attempt to break the peaks can be observed. According to the accepted practice of technical analysis, a greater number of unsuccessful resistance tests … - [Chart of The Day - JP225](https://todaymarkets.ae/chart-of-the-day-jp225-2/): Japan’s Nikkei 225 index surpassed the 50,000 mark for the first time in history on Monday, closing up 2.46% at 50,512 points. The rally reflected optimism over easing U.S.–China trade tensions and strong global risk appetite following record gains on Wall Street. Investor sentiment in Japan was further supported by expectations that the Bank of Japan will maintain its ultra-loose monetary policy at this … - [Bitcoin Gains as US-China Talks Boost Sentiment](https://todaymarkets.ae/bitcoin-gains-as-us-china-talks-boost-sentiment/): Bitcoin climbed to around $116,000 on Monday, reaching a two-week high as progress in US-China trade talks fueled risk appetite and lifted global markets. Investors are hopeful for a breakthrough at Thursday’s Trump-Xi meeting following productive weekend negotiations in which US and Chinese trade officials reportedly reached consensus on several contentious issues. US Treasury Secretary … - [Euro Holds Firm Ahead of Key Week for Global Markets](https://todaymarkets.ae/euro-holds-firm-ahead-of-key-week-for-global-markets/): The euro hovered around $1.16, little changed from the previous week’s levels, as markets entered a crucial week filled with global trade negotiations, central bank meetings, and key economic data releases across Europe. Investors welcomed signs of progress in US–China trade talks, with attention now turning to the upcoming meeting between Presidents Trump and Xi … - [USD/CHF trades above 0.7950 after paring losses due to potential for US-China deals](https://todaymarkets.ae/usd-chf-trades-above-0-7950-after-paring-losses-due-to-potential-for-us-china-deals/): USD/CHF depreciates after opening with a gap up, trading around 0.7960 during the Asian hours on Monday. The pair recovers its daily losses as the US Dollar (USD) gains ground on rising hopes that Presidents Donald Trump and Xi Jinping may finalize a trade deal on Thursday in South Korea. US Treasury Secretary Scott Bessent … - [Palm Oil Extend Losses to Begin the Week](https://todaymarkets.ae/palm-oil-extend-losses-to-begin-the-week/): Malaysian palm oil futures hovered around MYR 4,400 per tonne, marking the second straight session of declines and nearing their lowest level in three weeks. A stronger ringgit weighed on prices, while demand from top buyer India is expected to ease following the end of the Diwali festival. Sentiment was also rattled by lingering concerns … - [India Stocks Rise to Start the Week](https://todaymarkets.ae/india-stocks-rise-to-start-the-week/): The BSE Sensex rose 456 points, or 0.5%, to 84,668 in morning trade on Monday, rebounding after Friday’s pause in a six-session winning streak, as easing US–China trade tensions and signs of a potential trade deal lifted sentiment. Strong quarterly results and optimism ahead of more earnings announcements also supported gains, with companies including Adani … - [Asian stocks rise as Nikkei 225 moves above 50,000 on easing US-China tensions](https://todaymarkets.ae/asian-stocks-rise-as-nikkei-225-moves-above-50000-on-easing-us-china-tensions/): Asian stocks start the week on a strong foot amid easing United States (US)-China trade tensions. The top negotiators US and China reached a consensus on major disputes and paved the way for Presidents Donald Trump and Xi Jinping to meet on Thursday in South Korea to finalize a trade deal aimed at easing tensions. … - [XAG/USD plummets below $48 on US-China trade deal optimism](https://todaymarkets.ae/xag-usd-plummets-below-48-on-us-china-trade-deal-optimism/): Silver price (XAG/USD) trades 1.5% lower, slightly below $48.00 during the late Asian trading session on Monday. The white metal faces selling pressure as the appeal of safe-haven assets has diminished on hopes that the United States (US) and China will reach a bilateral trade deal soon. The optimism over the US-China trade deal increased following … - [GBP/USD trades with positive bias above 1.3300 amid softer USD; upside seems limited](https://todaymarkets.ae/gbp-usd-trades-with-positive-bias-above-1-3300-amid-softer-usd-upside-seems-limited/): The GBP/USD pair kicks off the new week on a slightly positive note and holds steady above the 1.3300 round figure during the Asian session, though it lacks follow-through buying. Moreover, the fundamental backdrop suggests that the path of least resistance for spot prices remains to the downside and backs the case for an extension … - [EUR/USD gains ground toward 1.1650 ahead of German IFO Business Survey data](https://todaymarkets.ae/eur-usd-gains-ground-toward-1-1650-ahead-of-german-ifo-business-survey-data/): EUR/USD remains stronger for the fourth successive session, trading around 1.1640 during the Asian hours on Monday. The pair edges higher as the Euro (EUR) receives support from after European Central Bank (ECB) Governing Council member José Luis Escrivá said on Sunday that he is satisfied with current settings for borrowing costs, while inflation is at target, … - [EUR/JPY strengthens to near 178.00, traders await German IFO Business Survey data](https://todaymarkets.ae/eur-jpy-strengthens-to-near-178-00-traders-await-german-ifo-business-survey-data/): The EUR/JPY cross gains ground near 178.00 during the early European session on Monday. The expectation that Japan’s new Prime Minister Sanae Takaichi would maintain expansionary spending policies and resist early tightening weighs on the Japanese Yen (JPY) against the Euro (EUR). Traders brace for the German IFO Business Survey data later on Monday.  Reports suggest Takaichi … - [USD/CAD slips below 1.4000 due to Fed rate cut bets](https://todaymarkets.ae/usd-cad-slips-below-1-4000-due-to-fed-rate-cut-bets/): USD/CAD depreciates after two days of little gains, trading around 1.3980 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) faces challenges following the release of softer US inflation data on Friday, which helps keep the likelihood of the Federal Reserve (Fed) rate cuts higher. The CME FedWatch Tool indicates that markets … - [USD/INR opens higher despite US-India trade deal optimism](https://todaymarkets.ae/usd-inr-opens-higher-despite-us-india-trade-deal-optimism/): The Indian Rupee (INR) opens lower against the US Dollar (USD) at the start of the week. The USD/INR pair rises to near 88.10 even as hopes of the United States (US) and India reaching a trade deal have increased. A report by Bloomberg showed on Friday that an Indian government official said that negotiators from both … - [Zcash, Pi Network, and Pump.fun gain bullish momentum](https://todaymarkets.ae/zcash-pi-network-and-pump-fun-gain-bullish-momentum/): Zcash (ZEC), Pi Network (PI), and Pump.fun (PUMP) emerge as the top performers among the top 100 cryptocurrencies in the last 24 hours, with double-digit gains. The recovery in ZEC, PI, and PUMP aligns with rising bullish momentum, signaling further gains if the broader cryptocurrency market holds steady. Zcash rally aims for a fresh record high Zcash … - [Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP extend gains, gear up for another bullish week](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-extend-gains-gear-up-for-another-bullish-week/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) extend gains on Monday after rallying more than 5%, 4%, and 10%, respectively, in the previous week amid improving market sentiment. The technical outlook for these top three cryptocurrencies suggests further upside potential, with momentum indicators signaling strengthening bullish momentum. Bitcoin bulls aiming for $120,000 mark Bitcoin price found support around the 61.8% Fibonacci retracement … - [Dogecoin, Shiba Inu, Pepe rally as retail demand returns](https://todaymarkets.ae/dogecoin-shiba-inu-pepe-rally-as-retail-demand-returns/): Meme Coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are advancing breakout rallies as the broader cryptocurrency market recovers, with Bitcoin crossing above $115,000. Amid the return of hopes for an “Uptober” rally in the market, retail demand is tailwinding the breakouts in DOGE, SHIB, and PEPE.  Technically, the meme coins are gaining traction, … - [US Futures Start the Week Higher](https://todaymarkets.ae/us-futures-start-the-week-higher/): US stock futures advanced on Monday as investors geared up for a pivotal week featuring an expected Federal Reserve interest rate cut, major tech earnings, and a high-stakes meeting between President Donald Trump and Chinese President Xi Jinping. Those moves came after the major averages reached new record highs last week, with the Dow, S&P … - [Oil Gains on US-China Trade Deal Optimism](https://todaymarkets.ae/oil-gains-on-us-china-trade-deal-optimism/): WTI crude oil futures rose to $61.6 per barrel on Monday, hovering at its highest level in over two weeks, as signs of a possible trade deal between the US and China lifted the energy demand outlook. US Treasury Secretary Scott Bessent said Sunday that he had reached a “substantial framework” in talks with Chinese … - [Australian Shares Kick Off the Week Higher](https://todaymarkets.ae/australian-shares-kick-off-the-week-higher/): The S&P/ASX 200 rose 0.7% to 9,082 on Monday, supported by optimism over progress in US–China trade negotiations. The two largest economies reached a preliminary consensus on several key issues, including export controls, fentanyl regulation, and shipping levies. In Australia, focus is on upcoming Q3 inflation data and the September Monthly CPI, which will guide … - [Gold Drops Amid Progress on US-China Trade Talks](https://todaymarkets.ae/gold-drops-amid-progress-on-us-china-trade-talks/): Gold prices fell 1% to around $4,070 per ounce on Monday, extending Friday’s decline, as progress in US–China trade talks dampened demand for safe-haven assets. After two days of discussions in Malaysia, top negotiators from both sides reached a preliminary consensus on topics including export controls, fentanyl trafficking, agricultural trade, and shipping levies. This now … - [Copper Jumps on Easing Trade Tensions](https://todaymarkets.ae/copper-jumps-on-easing-trade-tensions/): Copper futures climbed above $5.1 per pound on Monday, approaching three-month highs amid hopes that the Trump-Xi meeting this week could result in a trade breakthrough following productive discussions between US and Chinese trade negotiators over the weekend. US Treasury Secretary Scott Bessent said President Trump’s threat of a 100% tariff was “off the table,” … - [PBoC Injects CNY 900 Billion of MLF into Banking System](https://todaymarkets.ae/pboc-injects-cny-900-billion-of-mlf-into-banking-system/): The People’s Bank of China (PBoC) injected a total of CNY 900 billion into financial institutions on October 27 through its one-year Medium-Term Lending Facility (MLF), aiming to maintain ample liquidity in the banking system. With CNY 700 billion in MLF funds maturing this month, the operation resulted in a net liquidity injection of CNY … - [Dollar Eases as Trade Talks, Fed Meeting Eye](https://todaymarkets.ae/dollar-eases-as-trade-talks-fed-meeting-eye/): The dollar index fell slightly to around 98.8 on Monday, trimming last week’s gains as investors positioned for a pivotal week featuring a highly anticipated meeting between President Donald Trump and Chinese President Xi Jinping and a closely watched Federal Reserve rate decision. Markets are hopeful for a trade breakthrough at Thursday’s Trump-Xi meeting after … - [South Korea Shares Hit Record High on Trade Hopes and Chip Rally](https://todaymarkets.ae/south-korea-shares-hit-record-high-on-trade-hopes-and-chip-rally/): The benchmark KOSPI Index jumped 2% to above 4,020 on Monday, breaching the 4,000 mark for the first time on record as optimism over progress in US–China trade talks and strong demand for semiconductor shares lifted sentiment. Confidence grew ahead of the confirmed meeting between Presidents Trump and Xi at the APEC summit in Korea … - [Offshore Yuan Hits One-Month High](https://todaymarkets.ae/offshore-yuan-hits-one-month-high/): The offshore yuan strengthened to around 7.11 per dollar on Monday, hitting its highest level in four weeks, as optimism over progress in US-China trade negotiations boosted sentiment. After two days of talks in Malaysia, officials from both sides reached an initial consensus on issues such as export controls, fentanyl trafficking, agricultural trade, and shipping … - [China Stocks Climb on Trade Deal Hopes](https://todaymarkets.ae/china-stocks-climb-on-trade-deal-hopes/): The Shanghai Composite rose 0.8% to around 3,980 while the Shenzhen Component gained 1.1% to 13,440 on Monday, with the former hitting fresh ten-year highs amid hopes for a trade breakthrough in the Trump-Xi meeting in South Korea this week. US and Chinese negotiators said they had reached consensus on key issues including export controls, … - [Aussie Dollar Gains on US-China Deal](https://todaymarkets.ae/aussie-dollar-gains-on-us-china-deal/): The Australian dollar rose to around $0.653 on Monday, buoyed by optimism over progress toward a US–China trade agreement. The world’s two largest economies have reportedly reached a preliminary accord on key issues, including export controls, fentanyl regulation, and shipping levies, paving the way for Presidents Donald Trump and Xi Jinping to potentially formalize a … - [Soybeans Rally to Highest Since July](https://todaymarkets.ae/soybeans-rally-to-highest-since-july/): Soybean futures climbed toward $10.59 per bushel, the highest since early July, supported by renewed optimism over Chinese purchases after Treasury Secretary Scott Bessent said President Trump and his Chinese counterpart Xi Jinping could discuss “substantial” soybean deals in a potential meeting later this week. Sentiment was further bolstered by Japan, where the new government … - [Yen Weakens Toward 8-Month Low](https://todaymarkets.ae/yen-weakens-toward-8-month-low/): The Japanese yen slipped toward 153 per dollar on Monday, nearing its weakest level since February as expectations of aggressive fiscal expansion under the new government and uncertainty over the Bank of Japan’s policy outlook weighed on the currency. The yen has declined sharply this month following the election of Prime Minister Sanae Takaichi, who … - [Kiwi Dollar Hovers Near Two-Week High](https://todaymarkets.ae/kiwi-dollar-hovers-near-two-week-high/): The New Zealand dollar rose to around $0.576, hovering near a two-week high, supported by renewed optimism over US-China trade talks that could ease risks to the export-reliant economy. US and Chinese negotiators agreed on key issues over the weekend, while Treasury Secretary Bessent said Trump’s 100% tariff threat is “off the table,” ahead of … - [Silver Falls on US-China Trade Optimism](https://todaymarkets.ae/silver-falls-on-us-china-trade-optimism/): Silver fell toward $48 per ounce on Monday, extending losses from last week as progress in US-China trade negotiations dampened demand for safe-haven metals. Markets are hoping for a trade breakthrough in the Trump-Xi meeting on Thursday following productive talks between US and Chinese trade representatives over the weekend, where they reached consensus on several … - [Hong Kong Shares Kick Off Week Higher](https://todaymarkets.ae/hong-kong-shares-kick-off-week-higher/): Hong Kong stocks climbed 201 points, or 0.8%, to 26,360 on Monday morning trade, marking the third straight session of gains as easing China-U.S. trade tensions lifted risk appetite. Top negotiators from both countries said they had reached a consensus on key disputes, setting the stage for Presidents Donald Trump and Xi Jinping to meet … - [South Korean Won Gains Amid Dollar Softness, APEC Summit](https://todaymarkets.ae/south-korean-won-gains-amid-dollar-softness-apec-summit/): The South Korean won strengthened to around 1,430 per dollar on Monday, rebounding from an over six-month low in the previous session, supported by a softer dollar and expectations surrounding major policy and trade developments. The greenback eased as investors positioned ahead of the Federal Reserve’s policy meeting this week, with markets widely expecting a … - [US 10-Year Yield Edges Higher](https://todaymarkets.ae/us-10-year-yield-edges-higher/): The yield on the US 10-year Treasury note climbed to around 4.03% on Monday, reaching its highest level in over a week as investors braced a closely watched meeting between President Donald Trump and Chinese President Xi Jinping and a key Federal Reserve policy decision this week. Markets are hopeful for a trade breakthrough at … - [FTSE 100 Rises to New Record, Climbs 3% this Week](https://todaymarkets.ae/ftse-100-rises-to-new-record-climbs-3-this-week/): The FTSE 100 climbed over 0.5% on Friday to a new record high, extending weekly gains to about 3%, its best performance since April. The rally was fueled by upbeat UK economic data, as September retail sales strengthened optimism following encouraging public finance figures and easing inflation, signaling resilient consumer activity. NatWest rose nearly 3% … - [STOXX 600 Closes at New Record](https://todaymarkets.ae/stoxx-600-closes-at-new-record/): European stocks closed slightly higher on Friday amid mixed corporate earnings, while markets assessed the outlook on European growth and rates. The STOXX 50 inched up to 5,674 and the STOXX 600 rose 0.2% to a record close of 575. Sanofi advanced 3% on a Q3 profit beat and Saab surged 6% after raising its … - [Canada 10-Year Bond Yield Falls to 6-Month Low](https://todaymarkets.ae/canada-10-year-bond-yield-falls-to-6-month-low/): The 10-year Canadian government yield slipped toward 3.07%, nearing six-month lows as markets moved to price in greater odds of monetary easing on both sides of the border. In Canada, markets priced a near-certain 25bp Bank of Canada cut and Washington’s abrupt termination of trade talks raised the prospect of tariffs and weaker exports, increasing … - [Week Ahead - Oct 27th](https://todaymarkets.ae/week-ahead-oct-27th/): Next week will host major monetary policy decisions, with Federal Reserve’s FOMC heading into meeting without its usual data due to the US government shutdown. Rate decisions are also awaited by the European Central Bank, the Bank of Japan, and the Bank of Canada. Uncertainty around US economic releases due to the government shutdown will … - [US Stocks Hit Fresh Records](https://todaymarkets.ae/us-stocks-hit-fresh-records/): The three major US averages closed at fresh record highs after a softer-than-expected inflation report increased the odds of Federal Reserve rate cuts later this year and pushed investors into risk assets. The S&P 500 rose 0.8%, the Nasdaq gained 1% and the Dow added 470 points. Tech led the rally as AMD and IBM … - [TSX Tracks US Peers Higher](https://todaymarkets.ae/tsx-tracks-us-peers-higher/): The S&P/TSX Composite climbed 0.6% to close at 30,353 on Friday as cooler than expected US inflation firmed odds of Fed rate cuts and kept risk appetite strong, helping offset renewed Canada trade jitters earlier in the week. All nine sectors traded higher with tech and growth names leading the advance. Shopify rallied 3.7%, Constellation … - [Platinum price recovers from setback – Commerzbank](https://todaymarkets.ae/platinum-price-recovers-from-setback-commerzbank/): The price of Platinum also came under pressure in the wake of the correction in Gold and Silver, Commerzbank’s commodity analyst Carsten Fritsch notes. China abolishes tax rebate for Platinum imports “In contrast to the two precious metals mentioned, Platinum has recovered most of its losses and is trading at around $1,610 per troy ounce this … - [GBP/USD holds steady post-volatile session on UK data, US inflation signals](https://todaymarkets.ae/gbp-usd-holds-steady-post-volatile-session-on-uk-data-us-inflation-signals/): GBP/USD trades sideways around 1.3325 on Friday at the time of writing, unchanged on the day after a volatile session triggered by multiple economic releases from the United Kingdom (UK) and the United States (US). In the UK, the latest macroeconomic data confirmed stronger-than-expected growth momentum. Retail Sales rose by 0.5% MoM in September, defying … - [USD/JPY extends gains as strong US PMI offsets softer CPI data](https://todaymarkets.ae/usd-jpy-extends-gains-as-strong-us-pmi-offsets-softer-cpi-data/): The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Friday, with USD/JPY trading around 152.80, up for the sixth straight day. The Greenback rebounded sharply after a brief dip triggered by softer-than-expected US Consumer Price Index (CPI) data, as upbeat business activity readings from the United States (US) helped the Greenback … - [EUR/GBP jumps to four-week high as BoE dovish bets offset strong UK data](https://todaymarkets.ae/eur-gbp-jumps-to-four-week-high-as-boe-dovish-bets-offset-strong-uk-data/): EUR/GBP advances during the North American session on Friday, even though Retail Sales in the UK exceeded estimates, but a softer inflation reading increased the odds for further easing by the Bank of England. The cross trades at 0.8744, up 0.74% and hitting a four-week high at the time of writing. Sterling weakens despite upbeat sales … - [AUD/USD holds steady as mixed US data keeps traders cautious](https://todaymarkets.ae/aud-usd-holds-steady-as-mixed-us-data-keeps-traders-cautious/): The Australian Dollar (AUD) is virtually unchanged against the US Dollar (USD) on Friday after volatile two-way price action driven by a mix of US macro data. At the time of writing, AUD/USD trades around 0.6511, holding steady after earlier swings following the release of the US Consumer Price Index (CPI) and S&P Global Purchasing Managers Index … - [Gold rebounds after softer US CPI data reinforces Fed cut bets](https://todaymarkets.ae/gold-rebounds-after-softer-us-cpi-data-reinforces-fed-cut-bets/): Gold price erases earlier losses, rises over 0.10% on Friday following the release of the September inflation report in the US, which showed that prices climbed but would not deter the Federal Reserve (Fed) from cutting rates next week. XAU/USD trades at $4,127 after bouncing off daily lows of $4,043, courtesy of a mildly softer than expected Consumer Price … - [Dow Jones Industrial Average reaches record high on softer inflation data](https://todaymarkets.ae/dow-jones-industrial-average-reaches-record-high-on-softer-inflation-data/): The Dow Jones Industrial Average (DJIA) lumbered into record highs on Friday, posting intraday bids north of 47,300 for the first time ever. Investor sentiment hit high gear after US Consumer Price Index (CPI) inflation came in below expectations, keeping hopes for further interest rates from the Federal Reserve (Fed) pinned to the ceiling. Headline CPI inflation came in … - [USD/CHF Price Forecast: Stays range-bound below 0.8000](https://todaymarkets.ae/usd-chf-price-forecast-stays-range-bound-below-0-8000/): USD/CHF remains subdued on Friday, yet the pair trades below 0.8000, poised to finish the week with modest gains of over 0.25%. At the time of writing, the pair trades at 0.7956, virtually unchanged. USD/CHF Price Forecast: Technical outlook The USD/CHF pair continued to consolidate this week. Although traders are facing stir resistance at the confluence of … - [EUR/USD hovers at 1.1600 as muted CPI data fails to alter Fed stance](https://todaymarkets.ae/eur-usd-hovers-at-1-1600-as-muted-cpi-data-fails-to-alter-fed-stance/): EUR/USD is poised to finish the week with losses of 0.21% yet it remains above the 1.16 figure for the third straight day, capped on the upside by key resistance levels after US data might not deter the Fed from cutting rates. Euro supported by upbeat PMIs; Moody’s warning on France limits upside momentum Inflation data in … - [JPMorgan to roll out Bitcoin, Ethereum-backed loans for institutional clients by year-end ](https://todaymarkets.ae/jpmorgan-to-roll-out-bitcoin-ethereum-backed-loans-for-institutional-clients-by-year-end/): JPMorgan Chase is reportedly planning to offer Bitcoin (BTC) and Ethereum (ETH) backed loans, targeting institutional clients by the end of the year in what is seen as a paradigm shift in the bank’s policy. JPMorgan taps Wall Street’s crypto rush According to a Bloomberg report, the loan product will accept both Bitcoin and Ethereum … - [Bitcoin could push to new highs if large holders resume accumulation](https://todaymarkets.ae/bitcoin-could-push-to-new-highs-if-large-holders-resume-accumulation/): Bitcoin’s (BTC) next move could be determined by Dolphin holders, which now collectively hold about 26% the top crypto’s circulating supply, according to on-chain analytics platform CryptoQuant. Bitcoin’s next move hangs in the balance of Dolphin holders The Dolphin cohort (wallets with 100-1,000 BTC), comprising exchange-traded funds (ETFs), corporations and large holders, is the cornerstone … - [ETH could regain momentum following soft US CPI print](https://todaymarkets.ae/eth-could-regain-momentum-following-soft-us-cpi-print/): Ethereum price today: $3,920 Ethereum (ETH) briefly rose above $4,000 on Friday following a lower-than-expected US Consumer Price Index (CPI) print, reinforcing market expectations of rate cuts. ETH jumps as rate cut expectations rise amid soft CPI Ethereum saw a short-lived rise above $4,000 as the release of US CPI data for September stirred positive … - [XRP bulls tighten grip as CME Group futures volume hit $26 billion in 5 months](https://todaymarkets.ae/xrp-bulls-tighten-grip-as-cme-group-futures-volume-hit-26-billion-in-5-months/): Ripple (XRP) increases in tandem with the broader cryptocurrency market, trading above $2.45 on Friday. Market participants anticipate volatility following the release of the US Consumer Price Index (CPI), which showed that inflation is rising, but at a slightly slower pace than market forecasts.  The US Bureau of Labor Statistics has published the September CPI report, showing that inflation increased to 3% … - [NY Coffee Prices Continue to be Undercut by Favorable Weather Forecasts](https://todaymarkets.ae/ny-coffee-prices-continue-to-be-undercut-by-favorable-weather-forecasts/): December arabica coffee (KCZ25) on Friday closed -7.15 (-1.74%), and November ICE robusta coffee (RMX25) closed up +17 (+0.37%). Coffee prices on Friday closed mixed after Thursday’s sharp declines of -2.54% in NY arabica and -3.90% in robusta.  Coffee prices fell back from Thursday’s 8.3-month nearest-futures high in arabica coffee and 5-week high in robusta … - [Sugar Prices Fall to Lowest Levels in More Than 4 Years](https://todaymarkets.ae/sugar-prices-fall-to-lowest-levels-in-more-than-4-years/): March NY world sugar #11 (SBH26) on Friday closed down -0.32 (-2.09%), and December London ICE white sugar #5 (SWZ25) is closed down -6.50 (-1.48%). Sugar prices on Friday reverted to weakness, with NY sugar falling to a new 4.5-year low and London sugar falling to a new 4.25-year low.  Sugar prices on Thursday earlier … - [Cocoa Prices Fall Back from 3-week Highs](https://todaymarkets.ae/cocoa-prices-fall-back-from-3-week-highs/): December ICE NY cocoa (CCZ25) on Friday closed down -20 (-0.32%), and December ICE London cocoa #7 (CAZ25) closed down -41 (-0.90%). Cocoa prices on Friday closed lower, with NY cocoa falling back from an early 3-week high and robusta falling back from Thursday’s 3-week high.  Cocoa prices saw some pre-weekend long liquidation pressure. Supply … - [Cotton Nudges Out Gains on Friday](https://todaymarkets.ae/cotton-nudges-out-gains-on-friday/): Cotton futures closed Friday with contracts 3 to 13 points higher, as December slipped back 8 points on the week. Crude oil futures were 35 cents/barrel to $61.44, with the US dollar index up $0.021 to $98.750. President Trump and China’s President Xi are expected to meet in South Korea on Thursday. Talks at lower levels … - [Corn Headed Lower into the Weekend](https://todaymarkets.ae/corn-headed-lower-into-the-weekend/): The corn market closed out the Friday session with contracts down 1 to 4 ¾ cents. December was up just ¾ cent on the week. The CmdtyView national average Cash Corn price was down 4 1/2 cents at $3.83 3/4.  The average December close so far in October, now with just 5 trade days remaining, is $4.20. … - [Winter Wheat Contracts See Strength, as Spring Wheat Slips Back](https://todaymarkets.ae/winter-wheat-contracts-see-strength-as-spring-wheat-slips-back/): The wheat complex is mixed at midday, with the winter wheats showing the strength. CBT soft red wheat was fractionally mixed, with nearbys lower and deferreds higher. December was 8 ¾ cents higher on the week. KC HRW futures saw Friday gains of 1 to 1 1/2 cents, as December posted a dime gain since … - [Soybeans Correct Back Lower Ahead of the Weekend](https://todaymarkets.ae/soybeans-correct-back-lower-ahead-of-the-weekend/): Soybeans saw steady trade in some deferred contracts on Friday, with nearbys down fractionally to 3 cents. November was up 22 ¼ cents this week. November options expired today, with first notice day on the 31st. The cmdtyView national average Cash Bean price was 2 1/2 cents lower at $9.73 3/4. Soymeal futures were up $1.80 to $4.10 at … - [IBM And AMD Speed up Quantum Computing Progress](https://todaymarkets.ae/ibm-and-amd-speed-up-quantum-computing-progress/): IBM has announced a significant breakthrough in quantum computing, demonstrating that a key error-correction algorithm can now run in real time on standard AMD hardware. This milestone brings quantum computers closer to practical applications, allowing their integration with existing systems and testing under realistic conditions. The algorithm, developed by IBM in June, was designed to effectively … - [US Dollar Index (DXY) consolidates around 99.00 with all eyes on the US CPI](https://todaymarkets.ae/us-dollar-index-dxy-consolidates-around-99-00-with-all-eyes-on-the-us-cpi/): The US Dollar is consolidating previous gains on Friday, trading within a 40-pip range, both sides of the 99.00 line, with investors looking from the sidelines ahead of the release of September’s US Consumer Prices Index report, due later on the day. The US Bureau of Labour will make an exception and release September’s inflation … - [Iron Ore Pressured by Rising Inventories](https://todaymarkets.ae/iron-ore-pressured-by-rising-inventories/): Iron ore futures held below CNY 770 per ton, hovering near the lowest levels in over three months after industry data pointed to rising inventories at Chinese mills and ports. The buildup followed record-high imports in September and comes ahead of the expected launch of Guinea’s massive Simandou project. At the same time, Chinese steelmakers … - [Australian Shares End Lower](https://todaymarkets.ae/australian-shares-end-lower/): The S&P/ASX 200 finished 0.2% lower at 9,019 on Friday, after pausing in the previous session, as profit-taking in financials and gold stocks weighed on the index, while investors turned cautious ahead of local and US inflation data. Markets focused on Australia’s third-quarter inflation report due next week, seen as key for the Reserve Bank’s … - [U.S. Inflation Rate Likely Accelerated for 2nd Month](https://todaymarkets.ae/u-s-inflation-rate-likely-accelerated-for-2nd-month/): The annual inflation rate in the US likely accelerated for a second consecutive month to 3.1% in September 2025, up from 2.9% in August, which would mark the highest level since May 2024. The pickup is expected to reflect higher prices for food, and tariff-affected goods, as well as a slower-than-expected easing of service-sector inflation, … - [FTSE 100 Steadies at Record High](https://todaymarkets.ae/ftse-100-steadies-at-record-high/): The FTSE 100 was little changed on Friday after reaching a record high in the previous session, though it remains up about 2.5% for the week. The index was supported by upbeat UK economic data, with September retail sales adding to optimism after stronger public finance figures and softer inflation, suggesting consumers remain resilient. NatWest … - [DAX on Cautious Note](https://todaymarkets.ae/dax-on-cautious-note/): Germany’s DAX was marginally up around 24,240 on Friday, in cautious trading, as traders eyed a fresh batch of corporate earnings and assessed key PMI data. Germany’s private sector activity unexpectedly accelerated in October, with output expanding at its fastest pace since May 2023, led by services. Attention is also focused on the upcoming US … - [Bund Yields Rise on Strong PMI](https://todaymarkets.ae/bund-yields-rise-on-strong-pmi/): Germany’s 10-year Bund yield climbed to 2.60% as investors digested better-than-expected PMI data and awaited delayed US inflation figures for September. The October PMI showed Germany’s private sector output growing at its fastest pace since May 2023, led by robust services activity, while Eurozone business activity expanded at the strongest rate since May 2024, surpassing … - [Hang Seng Jumps 3.6% this Week](https://todaymarkets.ae/hang-seng-jumps-3-6-this-week/): The Hang Seng rose 192 points, or 0.7%, to finish at 26,160 on Friday, extending gains from the prior session. The increase came after Shanghai shares hit a 10-year peak, on strong inflows and China’s pledge at the conclusion of a plenum to boost the household consumption’s share in GDP over the next five years. … - [Euro Holds Near $1.16 as Eurozone PMI Surges Ahead of US Inflation](https://todaymarkets.ae/euro-holds-near-1-16-as-eurozone-pmi-surges-ahead-of-us-inflation/): The euro hovered around $1.16 as investors digested flash Eurozone PMI data and awaited delayed US inflation figures due later Friday. The October PMI showed the private sector growing at its fastest pace since May 2024, driven by robust services activity and stabilizing manufacturing. Germany hit a 29-month growth high, the rest of the euro … - [UK Private-Sector Activity Rises More than Expected](https://todaymarkets.ae/uk-private-sector-activity-rises-more-than-expected/): The S&P Global UK Composite PMI rose to 51.1 in October of 2025 from the four-month low of 50.1 in the previous month, above the consensus of a 50.6. The expansion reflected by the data was supported by an acceleration in activity for the services sector (51.1 vs 50.8 in September) while the decline for … - [France 10-Year Yields Hit Near Two-Week High](https://todaymarkets.ae/france-10-year-yields-hit-near-two-week-high/): France’s 10-year OAT yield climbed to 3.4%, near a two-week high, as investors digested October PMI data while awaiting US inflation figures later today for guidance on the Federal Reserve’s policy path. The French private sector contracted for the 14th consecutive month, with weakness in both services and manufacturing amid ongoing political uncertainty. By contrast, … - [Strong PMI Data From Germany While Franc Sees Mixed Data](https://todaymarkets.ae/strong-pmi-data-from-germany-while-franc-sees-mixed-data/): Germany Manufacturing PMI (preliminary, October): 49.6 (expected: 49.5; previous: 49.5)Germany Services PMI:54.5 (expected: 51.0; previous: 51.5) France Manufacturing PMI (preliminary, October): 48.3 (expected: 48.2; previous: 48.2)France Services PMI:47.1 (expected: 48.7; previous: 48.5) Germany PMI: Clear improvement, but risks remain Germany’s PMI data show the fastest growth in output in over two years, with rising new orders and backlogs in both … - [EUR/GBP Muted Despite Solid U.K. PMI Data](https://todaymarkets.ae/eur-gbp-muted-despite-solid-u-k-pmi-data/): 09:30 AM BST, United Kingdom – PMI Data for October: The UK private sector gained modest momentum in October, with the Composite PMI rising to 51.1 (from 50.1), signaling a second month of mild growth. The services PMI edged up to 51.1, while manufacturing output expanded for the first time in a year, with the Manufacturing PMI improving to 49.6 — a 12-month high. Growth was driven … - [Chart of The Day - Gold](https://todaymarkets.ae/chart-of-the-day-gold-3/): Precious metals extend their deepest correction in months. As of publication time today, gold is down another 1.00% to $4,085, silver falls 1.26% to $48.20, platinum declines 0.55% to $1,609, and palladium drops the most — 2.10% to $1,411. During the current correction, gold has lost a total of 6.50%, while silver is down 11.60%. Nevertheless, recent gains were so significant that on a monthly basis gold remains up 5.8%. Before the correction began, … - [Trade of The Day - Corn](https://todaymarkets.ae/trade-of-the-day-corn/): Facts Recommendation Long position on CORN at market price. Opinion From a fundamental perspective, U.S. corn harvesting will surpass the halfway point this week, which may lead to a gradual weakening of selling pressure from commercial hedging in the futures market. In addition, recent U.S. corn export data indicate continued strong momentum in overseas demand. … - [S&P500 Earning Season Highlights](https://todaymarkets.ae/sp500-earning-season-highlights/): The third-quarter 2025 earnings season for the S&P 500 is underway, and early results show a mixed picture. While most companies are beating expectations, the size of these beats is smaller than usual. Still, the index continues to post strong growth, marking its ninth consecutive quarter of rising earnings. Here, we will analyse the earnings … - [IBM Earnings - Slow Growth And Poor Guidance](https://todaymarkets.ae/ibm-earnings-slow-growth-and-poor-guidance/):  IBM released its results yesterday, which at first glance appeared solid. Revenue and earnings per share exceeded market expectations, and free cash flow increased significantly year-over-year. Despite this, the investor reaction was decidedly negative. During regular trading, the stock price slipped downward, and in after-hours trading, the declines exceeded 7%.This marks the third consecutive quarter … - [UK Factory Orders Slump to 10-Month Low](https://todaymarkets.ae/uk-factory-orders-slump-to-10-month-low/): The latest Confederation of British Industry (CBI) survey showed that the UK’s total order book balance dropped sharply to -38 in October 2025, down from -27 in September and well below both market expectations of -30 and the long-run average of -14. This marked the weakest reading since December 2024’s four-year low of -40, underscoring … - [Steel Rebounds from 3-Month Low](https://todaymarkets.ae/steel-rebounds-from-3-month-low/): Steel rebar futures in China rebounded to CNY 3,060 per tonne from the three-month low of CNY 3,000 on October 15th as China’s effort to curb overcapacity for ferrous metals offset the outlook of poor demand. Chinese mills produced 73.5 million tons of steel in September, a 4.6% annual reduction to the lowest in nearly … - [Russian Stocks Plunge Toward YTD Low](https://todaymarkets.ae/russian-stocks-plunge-toward-ytd-low/): The MOEX Russia Index sank to the 2,650 mark on Thursday, close to the year-to-date low of 2,540 from on October 14th as additional sanctions against Russia pressed the outlook for major energy companies and Moscow’s fiscal stability. Rosneft sank 5% to a two-year low and Lukoil dropped 4% after the US sanctioned both oil … - [Indian Stocks Advance for 6th Day](https://todaymarkets.ae/indian-stocks-advance-for-6th-day/): India’s BSE Sensex closed about 0.2% up at 84,556 on Thursday, the highest since September 2024, marking the sixth straight session of gains, amid US-India trade deal optimism and the ongoing upbeat earnings season. According to some reports, India and the United States are close to finalising a long-awaited trade pact that could see Washington … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-3/): The USDJPY pair remains around 152.50, recovering from losses after the recent strengthening of the yen, which reacted to the outcome of the vote in the Japanese parliament and Sanae Takaichi taking office as prime minister. Investors assume that the new government, based on a coalition between the LDP and the Ishin party, will introduce … - [Australian Dollar jumps after Bullock's hawkish remarks; seems poised to climb further](https://todaymarkets.ae/australian-dollar-jumps-after-bullocks-hawkish-remarks-seems-poised-to-climb-further/): The Australian Dollar (AUD) catches fresh bids in reaction to the Reserve Bank of Australia (RBA) Governor Michele Bullock’s remarks during the post-meeting press conference, saying that more rate cuts might not be needed. Bullock added that the board discussed circumstances in which the central bank might have to tighten. This, along with a modest … - [GBP/USD sticks to modest gains above 1.3300 as dovish Fed outlook weighs on USD](https://todaymarkets.ae/gbp-usd-sticks-to-modest-gains-above-1-3300-as-dovish-fed-outlook-weighs-on-usd/): The GBP/USD pair attracts some buyers following the previous day’s two-way directionless price move and holds steady above the 1.3300 mark during the Asian session on Tuesday. Spot prices, however, lack strong follow-through buying as traders opt to wait on the sidelines ahead of this week’s key central bank event risk. The US Federal Reserve (Fed) is … - [EUR/USD strengthens to near 1.1650 on Fed rate cut bets and strong German data](https://todaymarkets.ae/eur-usd-strengthens-to-near-1-1650-on-fed-rate-cut-bets-and-strong-german-data/): The EUR/USD pair gains ground to near 1.1645 during the early European session on Tuesday. The prospect of a US interest rate cut on Wednesday weighs on the US Dollar (USD) against the Euro (EUR). Traders will keep an eye on the US ADP Employment Change four-week average and Jolts Job Openings reports for September and October … - [Gold remains confined in a range as traders await more cues about Fed's rate-cut path](https://todaymarkets.ae/gold-remains-confined-in-a-range-as-traders-await-more-cues-about-feds-rate-cut-path/): Gold (XAU/USD) remains on the back foot for the third straight day, though it lacks bearish conviction and remains confined in a one-week-old range through the Asian session on Tuesday. Traders now seem reluctant and opt to move to the sidelines ahead of the FOMC rate decision on Wednesday. The focus will be on updated … - [XAG/USD consolidates around $58 as Fed’s policy comes into spotlight](https://todaymarkets.ae/xag-usd-consolidates-around-58-as-feds-policy-comes-into-spotlight/): Silver price (XAG/USD) trades in a tight range around $58.00 during the late Asian trading session on Tuesday. The white metal turns sideways as investors await the monetary policy announcement by the Federal Reserve (Fed), scheduled for Wednesday. The CME FedWatch tool shows that the probability of the Fed cutting interest rates by 25 basis points (bps) to … - [USD/INR retraces as FIIs selling momentum cools down](https://todaymarkets.ae/usd-inr-retraces-as-fiis-selling-momentum-cools-down/): The Indian Rupee (INR) bounces back against the US Dollar (USD) on Tuesday. The USD/INR pair falls to near 90.20 amid a slowdown in the pace of foreign outflow from the Indian stock market. Over the last two trading days, overseas investors have pared their stake by an average worth of Rs. 547.25 crore, which is lower than the … - [China Stocks Slip on Measured Policy Support](https://todaymarkets.ae/china-stocks-slip-on-measured-policy-support/): The Shanghai Composite fell 0.2% to below 3,920 on Tuesday, ending a two-day rally as China’s Politburo emphasized boosting domestic demand in 2026 while signaling a measured approach to stimulus. Authorities are balancing calls for looser fiscal and monetary policy with the need to manage financial risks. Investors now look ahead to the upcoming Central … - [AUS 10Y Yield Rises to Over 2-Year High](https://todaymarkets.ae/aus-10y-yield-rises-to-over-2-year-high/): Australia’s government bond yield rose to around 4.75%, its highest level since November 2023, after the RBA left its benchmark interest rate unchanged for a third consecutive meeting, signaling that any future policy moves will be guided by incoming data. The decision was unanimous, with policymakers pointing to renewed inflation pressures and a still-tight labor … - [Copper Hovers Near Multi-Month Highs](https://todaymarkets.ae/copper-hovers-near-multi-month-highs/): Copper futures in the US slipped to around $5.33 per pound on Tuesday as investors weighed demand uncertainties from top consumer China. The nation’s top leaders signaled that boosting domestic demand will be a priority in 2026, while taking a measured approach to stimulus, balancing calls for looser fiscal and monetary policy with financial risk … - [Indian Market Slides to 2-Week Low](https://todaymarkets.ae/indian-market-slides-to-2-week-low/): The BSE Sensex fell 398 points, or 0.5%, to 84,704 in Tuesday morning trade, extending losses from the previous session and hitting its lowest level in two weeks amid concerns over US–India trade negotiations. US Treasury Secretary Scott Bessent said on Tuesday that Washington is still working toward a trade deal with India, while reports … - [Palm Oil Extends Losses, Nears 2-Week Low](https://todaymarkets.ae/palm-oil-extends-losses-nears-2-week-low/): Malaysian palm oil futures fell for a second session on Tuesday, trading below MYR 4,100 per tonne and hitting their lowest in near two weeks. Sentiment remained pressured by declines in rival soyoil in both Dalian and Chicago markets. Additional weakness stemmed from expectations of rising inventories, with Reuters projecting Malaysian stockpiles could reach a … - [Nat-Gas Prices Plunge as US Weather Forecasts Warm](https://todaymarkets.ae/nat-gas-prices-plunge-as-us-weather-forecasts-warm/): January Nymex natural gas (NGF26) on Monday closed down sharply by -0.377 (-7.13%). Jan nat-gas prices plunged on Monday after updated weather forecasts showed US temperatures warming mid-month, potentially curbing nat-gas heating demand.  Forecaster Atmospheric G2 said that the forecast shifted slightly colder over he eastern and southern US for December 18-22, but noticeably warmer … - [Crude Oil Tumbles as the Dollar Strengthens and Equities Fall](https://todaymarkets.ae/crude-oil-tumbles-as-the-dollar-strengthens-and-equities-fall/): January WTI crude oil (CLF26) on Monday closed down -1.20 (-2.00%), and January RBOB gasoline (RBF26) closed down -0.0360 (-1.96%). Crude oil and gasoline prices fell sharply on Monday, with gasoline posting a 1.5-week low.  Dollar strength on Monday undercut energy prices.  Crude prices also fell as Monday’s stock market weakness weighed on confidence in … - [Cattle Close with Losses](https://todaymarkets.ae/cattle-close-with-losses/): Live cattle futures pulled off early lows to close with contracts up 17 cents in expiring December and down 45 cents to $1 in other contracts.  There were 15 deliveries tendered on First Notice day on Monday, with the oldest long dated September 27. Last week’s cash trade was $220-222 early in the north, ending last … - [Cocoa Prices Push Higher as the Global Cocoa Surplus Shrinks](https://todaymarkets.ae/cocoa-prices-push-higher-as-the-global-cocoa-surplus-shrinks/): March ICE NY cocoa (CCH26) on Monday closed up +5 (+0.09%), and March ICE London cocoa #7 (CAH26) closed up +63 (+1.55%). Cocoa prices extended last Friday’s rally on Monday, with NY cocoa posting a 3.5-week high and London cocoa posting a 3-week high.  The outlook for a smaller-than-expected global cocoa surplus has underpinned prices … - [Coffee Prices Fall Sharply on the Prospects of Abundant Supplies](https://todaymarkets.ae/coffee-prices-fall-sharply-on-the-prospects-of-abundant-supplies/): March arabica coffee (KCH26) on Monday closed down -8.65 (-2.31%), and January ICE robusta coffee (RMF26) closed down -77 (-1.79%). Coffee prices fell sharply on Monday, with arabica dropping to a 2-week low and robusta falling to a 2.25-month low.  Coffee prices are under pressure amid an outlook for ample supplies.  Last Thursday, Conab, Brazil’s … - [Sugar Prices Settle Mixed on Higher Indian Sugar Production](https://todaymarkets.ae/sugar-prices-settle-mixed-on-higher-indian-sugar-production/): March NY world sugar #11 (SBH26) on Monday closed up +0.02 (+0.14%), and March London ICE white sugar #5 (SWH26) closed down -3.00 (-0.70%). Sugar prices settled mixed on Tuesday.  Ramped-up sugar production in India is limiting the upside in sugar prices.  Last Monday.  The India Sugar Mill Association (ISMA) reported that Indian sugar production … - [Cotton Fades Early Gains](https://todaymarkets.ae/cotton-fades-early-gains/): Cotton futures failed to hold the overnight gains, with contracts closing 20 to 25 points in the red. Crude oil futures were down $1.23 per barrel at $58.85 on the day, with the US dollar index $0.107 higher to $99.075. Dated Export Sales data showed 292,146 RB of cotton sold in the week of 11/6, … - [Corn Fades Lower](https://todaymarkets.ae/corn-fades-lower/): Corn futures found weaker trade on Monday as traders were squaring up ahead of a Tuesday USDA report. Contracts were down fractionally to 2 cents. The CmdtyView national average Cash Corn price was down 1 1/4 cents at $3.98 1/4.  Export Inspections data showed corn at 1.453 MT (57.2 mbu) shipped in the week that ended on … - [Wheat mixed to mostly lower](https://todaymarkets.ae/wheat-mixed-to-mostly-lower/): The wheat complex was mixed to mostly lower across most contracts on Monday. Chicago SRW futures were down 1 to 2 cents. KC HRW futures saw Monday losses of 2 to 5 cents.  MPLS spring wheat was steady to 2 cents lower. State Crop Progress report showed Kansas winter wheat ratings up 4% to 70% … - [Soybeans Face Weakness, as USDA Confirms First Shipments to China](https://todaymarkets.ae/soybeans-face-weakness-as-usda-confirms-first-shipments-to-china/): Soybeans posted losses of 8 to 11 ½ cents across most contracts on Monday. The cmdtyView national average Cash Bean price was 11 1/2 cents lower at $10.23. Soymeal futures were 20 cents to $1.30 in the red. Soy Oil futures saw 34 to 51 point losses. USDA reported a private export sale of 132,000 MT of soybeans to China this … - [Kloeckner (KCO.DE) Shares Gain 20% Subject to Takeover](https://todaymarkets.ae/kloeckner-kco-de-shares-gain-20-subject-to-takeover/): European indices are posting slight gains during the first phase of Monday’s session – the EU50 is up 0.06%, the DE40 is up 0.2%, and the FRA40 is down 0.10%. The limited volatility is currently mainly due to expectations for Wednesday’s Fed decision on interest rates and the influx of corporate news from the US. … - [Trade of The Day - OIL.WTI.](https://todaymarkets.ae/trade-of-the-day-oil-wti-5/): Facts: Recommendation: Short position on OIL.WTI at market price Opinion: WTI crude oil is the weak spot in commodity markets, weighed down by a multi-layered oversupply that outweighs any potential supply risks. Fundamentally, the market is awash with significant surplus — the International Energy Agency forecasts that in the first quarter of 2026, the production … - [Gold bulls seem hesitant ahead of Fed decision on Wednesday; downside seems cushioned](https://todaymarkets.ae/gold-bulls-seem-hesitant-ahead-of-fed-decision-on-wednesday-downside-seems-cushioned/): Gold (XAU/USD) sticks to its modest intraday gains through the early European session on Monday, though it lacks bullish conviction and remains confined in a one-week-old trading range. The growing acceptance that the US Federal Reserve (Fed) will lower borrowing costs again this week keeps the US Dollar (USD) depressed near a one-month low and acts as a tailwind … - [Bitcoin Rebounds Above $90k](https://todaymarkets.ae/bitcoin-rebounds-above-90k/): Cryptocurrencies are gradually recovering at the start of Monday’s session. The weekend did not bring a cascading sell-off after Friday’s pullback, which pushed Bitcoin’s price down to around 87,000 USD. Demand is slowly rebuilding amid positive sentiment on Wall Street and a weaker dollar. Over the past five weeks, Bitcoin ETFs have seen more than … - [EUR/USD - JP Morgan Recommendation](https://todaymarkets.ae/eur-usd-jp-morgan-recommendation/): JP Morgan issued a recommendation for the EURUSD currency pair. The Bank recommends taking a long position on the pair with following levels: Entry: 1,1666 Target: 1.1800 Stop: 1.1590 JP Morgan recommends taking a long position on EURUSD at 1.1666 with a target of 1.1800 and a stop loss order placed at 1,1590. Source: xStation5 … - [Chart of The Day - OIL.WTI.](https://todaymarkets.ae/chart-of-the-day-oil-wti-5/): WTI crude prices have stabilized around 60–61 USD per barrel. The market is trying to balance India’s renewed purchases of discounted Russian oil with concerns about global oversupply. India is once again buying crude through intermediaries at a deeper discount of around 5 USD per barrel, and President Putin has pledged “uninterrupted fuel supplies” as … - [The Week Ahead: Fed rate cut all but certain](https://todaymarkets.ae/the-week-ahead-fed-rate-cut-all-but-certain/): The focus at the start of this week is likely to remain on the Netflix/ Warner Bros deal, after President Donald Trump said that the size of the deal may pose problems. This suggests that the deal could attract regulatory scrutiny, which is to be expected from a tie up of this scale. Trump said … - [Palm Oil Slides to Start the Week](https://todaymarkets.ae/palm-oil-slides-to-start-the-week/): Malaysian palm oil futures fell over 1% to below MYR 4,100 per tonne on Monday, reversing gains from the prior session amid the ringgit’s recent appreciation and weakness in Dalian and Chicago soyoil futures, as concerns grew over slow Chinese soybean purchases from the U.S. Additional pressure came from signs of rising Malaysian inventories, which … - [Iron Ore Falls as China Imports Decline](https://todaymarkets.ae/iron-ore-falls-as-china-imports-decline/): Iron ore futures fell toward CNY 760 per ton, touching a five-month low after data showed China’s iron ore imports declined for a second straight month in November as demand softened. Several steel mills curtailed activity for equipment maintenance amid thinning profit margins, weighing on buying appetite. China imported 110.54 million metric tons of iron … - [Saudi Arabia Q3 GDP Growth Revised to 4.8%](https://todaymarkets.ae/saudi-arabia-q3-gdp-growth-revised-to-4-8/): Saudi Arabia’s economy expanded by at 4.8% year-on-year in the third quarter of 2025, revised down from an initial estimate of 5%, compared to an upwardly revised 4.5% growth in the second quarter. This was the strongest growth since the fourth quarter of 2024. Oil-sector activity accelerated, rising 2% after a 0.9% increase in the … - [Steel Drops on Weak Demand](https://todaymarkets.ae/steel-drops-on-weak-demand/): Steel rebar futures in China fell toward CNY 3,070 per ton, hitting a two-week low as weakening demand pressured the market and prompted mills to scale back production. Industry data showed that only 35% of Chinese steel mills were operating at a profit at the end of November, down from 45% in late October. Many … - [India Shares Break Two-Day Winning Streak](https://todaymarkets.ae/india-shares-break-two-day-winning-streak/): The BSE Sensex fell 229 points, or 0.3%, to 85,484 in early deals on Monday, erasing gains from the previous two sessions, as traders remained cautious ahead of the Fed’s monetary policy decision later this week. Traders also took profit after the index rose in the prior session following the RBI’s decision to cut interest … - [Oil Hovers Near 2-Week Highs](https://todaymarkets.ae/oil-hovers-near-2-week-highs/): WTI crude oil futures traded around $60 per barrel on Monday, close to the highest level in more than two weeks amid geopolitical risks that continue to threaten global supply. Talks between the US and Russia last week failed to produce a breakthrough toward ending the war in Ukraine, keeping sanctions on Russian energy exports … - [South Korean Shares Rise on Fed Rate Cut Optimism](https://todaymarkets.ae/south-korean-shares-rise-on-fed-rate-cut-optimism/): The benchmark KOSPI rose by 0.22% to around 4,108 on Monday, extending gains for another session as investors await this week’s US Federal Reserve policy decision. Optimism grew ahead of the Fed’s expected 0.25% rate cut at Tuesday’s two-day meeting. Large-cap stocks were mixed, with Samsung Electronics (0.37%), LG Energy Solution (2.82%), and Hanwha Aerospace … - [Dollar Holds Losses Ahead of Fed Meeting](https://todaymarkets.ae/dollar-holds-losses-ahead-of-fed-meeting/): The dollar index traded below 99 on Monday after two consecutive weeks of declines, pressured by expectations that the Federal Reserve will cut interest rates this week. Markets are pricing in about an 88% chance of a 25 basis point cut on Wednesday, up from roughly 67% a month ago. However, the rate outlook for … - [Gold Gains Ahead of Fed Meeting](https://todaymarkets.ae/gold-gains-ahead-of-fed-meeting/): Gold prices rose above $4,200 per ounce on Monday after a weekly decline, as traders awaited the Federal Reserve’s final policy meeting of the year, where officials are widely expected to cut interest rates. Mixed US employment data and core inflation in line with expectations have supported the case for additional easing. Current market pricing … - [Hong Kong Shares Start the Week Lower](https://todaymarkets.ae/hong-kong-shares-start-the-week-lower/): Hong Kong stocks lost 165 points, or 0.6%, to 25,915 in Monday morning trade, snapping a two-session rise as most sectors fell, led by financials and consumer names. Sentiment turned cautious ahead of China’s November trade data due later today, after October figures showed an unexpected drop in exports and softer-than-expected imports. Attention also shifted … - [China Stocks Gain on Tech Boost](https://todaymarkets.ae/china-stocks-gain-on-tech-boost/): The Shanghai Composite rose 0.5% to around 3,920, while the Shenzhen Component gained 1.3% to 13,320 on Monday, with mainland stocks hitting multi-week highs amid renewed optimism in Chinese technology and AI companies. The market was supported by China’s tech breakthroughs and efforts to boost domestic production in key sectors, particularly chipmaking. Notable gainers included … - [Won Strengthens on Budget Approval, Policy Optimism](https://todaymarkets.ae/won-strengthens-on-budget-approval-policy-optimism/): The South Korean won strengthened to around 1,467 per dollar on Monday, recovering from multi-month lows as sentiment was bolstered by recent domestic developments. Finance Minister Koo Yun-cheol highlighted that, following the budget’s approval, government ministries are initiating measures to reinforce economic growth. Last week, the National Assembly ratified the 2026 government budget at KRW … - [AUS 10-Yr Yield Ticks Up as Traders Eye RBA Decision](https://todaymarkets.ae/aus-10-yr-yield-ticks-up-as-traders-eye-rba-decision/): Australia’s government bond yield edged up to 4.71%, its highest since November 2023, as traders positioned themselves ahead of the Reserve Bank’s policy decision this week and braced for potentially hawkish guidance. Markets widely expect the RBA to hold the cash rate steady at 3.6% at its final meeting of the year. A string of … - [China Exports Rise More than Expected](https://todaymarkets.ae/china-exports-rise-more-than-expected/): China’s exports increased by 5.9% year-on-year to an eleven-month high of USD 330.3 billion in November 2025, surpassing expectations for a 3.8% growth and rebounding from a 1.1% fall in October. This increase in outbound came as firms rushed to move inventory to take advantage of a fresh tariff truce with the US. In November, … - [Offshore Yuan Steady After Trade Data](https://todaymarkets.ae/offshore-yuan-steady-after-trade-data/): The offshore yuan steadied around 7.06 per dollar on Monday, with market sentiment remaining subdued amid strong foreign demand and weak domestic activity. Exports rose 5.9% year-on-year to USD 330.3 billion in November 2025, surpassing expectations and rebounding from the previous month, supported by eased trade tensions with the US. Imports, however, increased only 1.9% … - [Silver Holds Near Record Highs](https://todaymarkets.ae/silver-holds-near-record-highs/): Silver held around $58 per ounce on Monday, hovering near record highs as investors prepared for an expected interest rate cut from the US Federal Reserve this week. However, the outlook for 2026 remains uncertain, with analysts expecting a “hawkish cut” in which Chair Jerome Powell could signal a cautious approach to further easing. Markets … - [China10-Year Yield Steady Amid Strong Trade Data](https://todaymarkets.ae/china10-year-yield-steady-amid-strong-trade-data/): China’s 10-year government bond yield held steady at around 1.85%, as robust trade data suggested that the economy remains poised to achieve the official annual growth target. The trade surplus widened to USD 111.7 billion in November from USD 97.3 billion a year earlier, surpassing expectations of USD 100.2 billion and marking the largest surplus … - [Trade of The Day - EUR/USD](https://todaymarkets.ae/trade-of-the-day-eur-usd-2/): Facts: Trade: LONG EURUSD at market price EURUSD (D1) Source: xStation5 Opinion: The Euro has strengthened against the dollar over the past year. This is a culmination of the dovish policy of the FED compared to the ECB. The market has already priced in at least 2-3 cuts of 25 basis points, but investors may … - [](https://todaymarkets.ae/12918-2/): Chinese equities saw a modest rebound on Friday, gaining between 0.60 and 1.30%. The HSCEI index in Hong Kong is recording the strongest gains. The broader market picture remains mixed, however — property stocks continue to lose value, while tech stocks remain in consolidation, though this may change after the exciting IPO of China’s Nvidia … - [US 10-Year Yield Holds Steady](https://todaymarkets.ae/us-10-year-yield-holds-steady/): The yield on the 10-year US Treasury note held at 4.09% on Friday after rebounding in the previous session, as investors continued to weigh the outlook for Federal Reserve monetary policy ahead of key inflation data. Markets are currently pricing in an 87% chance that the Fed will deliver a 25 basis point rate cut … - [Japan 10-Year Yield Climbs Higher on BOJ Hike Bets](https://todaymarkets.ae/japan-10-year-yield-climbs-higher-on-boj-hike-bets/): Japan’s 10-year government bond yield climbed to around 1.94% on Friday, reaching its highest levels since 2007 amid speculation that the Bank of Japan will raise interest rates later this month. Key members of Prime Minister Sanae Takaichi’s government reportedly would not oppose the central bank if it decides to hike rates in December, although … - [US Futures Steady Ahead of PCE Inflation Data](https://todaymarkets.ae/us-futures-steady-ahead-of-pce-inflation-data/): US stock futures held steady on Friday as investors looked ahead to a key inflation report that could shape the Federal Reserve’s policy outlook. The Commerce Department is set to release delayed September data on the personal consumption expenditures index, the Fed’s preferred inflation gauge, along with figures on consumer spending and incomes. Meanwhile, ADP … - [Oil Set for Weekly Gain](https://todaymarkets.ae/oil-set-for-weekly-gain/): WTI crude oil futures hovered around $59.7 per barrel on Friday, holding at a two-week high and remaining on track for a weekly gain, driven by geopolitical risk premium. Traders continued to watch for a possible US move in Venezuela after President Donald Trump signaled imminent action against the oil giant, with Rystad Energy warning … - [Dollar Set for Second Weekly Decline](https://todaymarkets.ae/dollar-set-for-second-weekly-decline/): The dollar index steadied around 99 on Friday but was still poised for a second straight weekly decline, weighed down by bets on Federal Reserve interest rate cuts. Markets are currently pricing in an 87% chance that the Fed will deliver a 25 bps rate cut next week, with 2–3 more reductions seen for next … - [South Korean Shares Lifted by Wall Street Gains](https://todaymarkets.ae/south-korean-shares-lifted-by-wall-street-gains/): The benchmark KOSPI rose 0.67% to around 4,055 on Friday, recovering from the previous session’s losses as sentiment improved following overnight gains on Wall Street. Large-cap stocks were mixed, with Samsung Electronics (0.38%), LG Energy Solution (3.72%), Hyundai Motor (6%), and Hanwha Ocean (0.82%) leading the gains. In contrast, SK Hynix (-1.85%), Samsung Biologics (-1.25%), … - [Hong Kong Shares Set to Finish Week on a Soft Note](https://todaymarkets.ae/hong-kong-shares-set-to-finish-week-on-a-soft-note/): Hong Kong stocks fell 82 points or 0.3% to 25,855 in Friday’s morning session, reversing gains from the prior day amid broad sector losses. Sentiment weakened as traders turned cautious ahead of key November data from China next week, including CPI, PPI, and trade figures, while also awaiting potential policy signals from the upcoming Central … - [Gold Dips Ahead of US PCE Data](https://todaymarkets.ae/gold-dips-ahead-of-us-pce-data/): Gold prices fell below $4,200 per ounce on Friday as investors awaited key US data ahead of next week’s FOMC decision. Focus is on the postponed September PCE report, the Fed’s preferred inflation gauge, due later today, which could clarify the timing and pace of monetary easing. Meanwhile, ADP reported an unexpected drop of 32K … - [China Stocks Slip as Policy Cues Eyed](https://todaymarkets.ae/china-stocks-slip-as-policy-cues-eyed/): The Shanghai Composite fell 0.1% to around 3,870, while the Shenzhen Component dropped 0.15% to 12,985 on Friday, with mainland stocks set to end the week lower as investors awaited policy signals from high-level meetings this month. Markets are focused on the annual Central Economic Work Conference and the December Politburo meeting for guidance on … - [Natural Gas futures rallied to 24-week highs.](https://todaymarkets.ae/natural-gas-futures-rallied-to-24-week-highs/) - [Copper futures pulled back from recent highs.](https://todaymarkets.ae/copper-futures-pulled-back-from-recent-highs/) - [Nat-Gas Prices Rally on Cold US Temps](https://todaymarkets.ae/nat-gas-prices-rally-on-cold-us-temps/): January Nymex natural gas (NGF26) on Thursday closed up by +0.068 (+1.36%). Jan nat-gas prices recovered from early losses and added to this week’s gains on Thursday, rising to a nearly 3-year nearest-futures high.   Weather forecasts for below-normal US temperatures that will boost nat-gas heating demand have fueled a sharp rally in prices over … - [Geopolitical Tensions Underpin Crude Oil Prices](https://todaymarkets.ae/geopolitical-tensions-underpin-crude-oil-prices/): January WTI crude oil (CLF26) on Thursday closed up +0.72 (+1.22%), and January RBOB gasoline (RBF26) closed down -0.0001 (-0.01%). Crude oil and gasoline prices settled mixed on Thursday, with crude oil posting a 2-week high.  Crude prices are supported by the prospects for the war in Ukraine to continue, which will keep sanctions on … - [Cattle Extend Rally](https://todaymarkets.ae/cattle-extend-rally/): Live cattle futures posted Thursday gains of $1.75 to $2.50 at the close. Cash trade kicked off on Thursday with some light action at $220 in the north. Sothern action has been limited to bids of $218. Feeder cattle futures extended the bounce back to Thursday, with contracts $3 to $4.75 higher.  The CME Feeder Cattle … - [Wheat Sees Mixed Action](https://todaymarkets.ae/wheat-sees-mixed-action/): The wheat complex posted gains in the winter wheat contracts on Thursday, with spring wheat lower. Chicago SRW futures posted 2 to 3 cent gains at the close.  KC HRW futures were up 4 to 5 cents, with in delivery December leading the way. MPLS spring wheat was down 3 to 4 cents in the … - [Soybeans Rebound](https://todaymarkets.ae/soybeans-rebound/): Soybeans saw higher trade on Thursday, with contracts up 2 to 3 ½ cents at the close. The cmdtyView national average Cash Bean price was 3 3/4 cents higher at $10.49 3/4. Soymeal were mixed, with contracts 30 cents higher to 90 cents lower. Soy Oil futures were steady to 18 points higher. USDA continued their backlogged update of Export Sales … - [Corn Pops Higher With Continued Export Business](https://todaymarkets.ae/corn-pops-higher-with-continued-export-business/): Corn futures posted gains on Thursday, with contracts up 3 to 4 cents in most front months, as December was up 6 ¼. The CmdtyView national average Cash Corn price was up 4 cents on the day at $4.02 3/4.  USDA reported a private export sale of 100,800 MT of corn to Colombia, with 392,500 MT to … - [Arabica Coffee Settles Higher on Dry Brazil Weather Forecasts](https://todaymarkets.ae/arabica-coffee-settles-higher-on-dry-brazil-weather-forecasts/): March arabica coffee (KCH26) on Thursday closed up +8.05 (+2.16%), and January ICE robusta coffee (RMF26) closed down -13 (-0.30%). Coffee prices on Thursday settled mixed.  Arabica coffee recovered from early losses on Thursday, turning higher amid dry weather forecasts for Brazil and a stronger Brazilian real.  Climatempo said Thursday that dry conditions and rising … - [Cocoa Prices Fall on Strength in the Dollar and British Pound](https://todaymarkets.ae/cocoa-prices-fall-on-strength-in-the-dollar-and-british-pound/): March ICE NY cocoa (CCH26) on Thursday closed down -18 (-0.33%), and March ICE London cocoa #7 (CAH26) closed down -49 (-1.22%). Cocoa prices settled lower on Thursday.  A rebound in the dollar weighed on NY cocoa prices after the dollar index (DXY00) on Thursday recovered from a 5-week low and turned higher.   London … - [Higher Indian Sugar Production Weighs on Prices](https://todaymarkets.ae/higher-indian-sugar-production-weighs-on-prices/): March NY world sugar #11 (SBH26) on Thursday closed down -0.05 (-0.33%), and March London ICE white sugar #5 (SWH26) closed down -1.00 (-0.23%). Sugar prices finished lower on Thursday, consolidating this week’s losses.  On Monday, sugar prices fell sharply to 1.5-week lows amid India’s ramped-up sugar production.  The India Sugar Mill Association (ISMA) reported … - [Cotton Fades Back Lower](https://todaymarkets.ae/cotton-fades-back-lower/): Cotton prices posted losses of 30 to 38 points on Thursday, falling from early gains. Crude oil futures were up 76 cents per barrel at $59.71 on the day, with the US dollar index $0.129 high to $98.930.  Export Sales data for the week ending on October 30 showed just 81,530 RB of upland cotton … - [DAX Gains 1% Amid Surging Automotive Stocks After BofA Report](https://todaymarkets.ae/dax-gains-1-amid-surging-automotive-stocks-after-bofa-report/): DAX posts solid gains on Thursday ahead of eurozone retail sales data and U.S. jobless claims. Today’s rise on the German market is led by car manufacturers — from Volkswagen and BMW to Mercedes and Porsche AG. The sector was supported by a ‘buy’ recommendation from Bank of America for Porsche SE, along with a broad, optimistic … - [Char of The Day - Nasdaq](https://todaymarkets.ae/char-of-the-day-nasdaq/): US index futures, including the Nasdaq 100 (US100), have staged a powerful rebound, gaining more than 7.5% since November 25. The main drivers of the index include a strong Q3 earnings season, expectations of a major shift in Federal Reserve policy priorities in 2026 under a new chair, likely Kevin Hassett, who is expected to … - [Economic Calendar - U.S. Jobless Claims And Eurozone Retail Sales in Focus](https://todaymarkets.ae/economic-calendar-u-s-jobless-claims-and-eurozone-retail-sales-in-focus/): After the release of this week’s ISM manufacturing and services data, the U.S. macro calendar turns relatively light. Today, attention will focus on jobless claims, which should offer a fresh look at the health of the U.S. labor market. In Europe, investors await retail sales figures, which are expected to rise more strongly than in … - [Trade of The Day - GBP/USD](https://todaymarkets.ae/trade-of-the-day-gbp-usd-4/): Facts:The price broke above key resistance at 1.3212GBPSUD invalidated 1:1 structureThe price sits above the 100-period moving average from D1 interval Recommendation: Trade: Long position on GBPUSD at market priceTarget: 1.3513, 1.3640Stop: 1.3180 Opinion: GBPUSD has been trading in a downward trend recently. Looking at the D1 interval, one can see that the recent downward move might … - [GBP/USD softens below 1.3350 on renewed US Dollar demand](https://todaymarkets.ae/gbp-usd-softens-below-1-3350-on-renewed-us-dollar-demand/): The GBP/USD pair loses ground to around 1.3330 during the Asian trading hours on Thursday. The major pair retreats from nearly a two-month high amid renewed US Dollar (USD) demand. However, the rising bets of a Federal Reserve (Fed) rate cut next week might cap its downside. Traders will take more cues from the US weekly Initial Jobless Claims … - [WTI rises to near $59 as Ukraine attacks Russian energy facilities](https://todaymarkets.ae/wti-rises-to-near-59-as-ukraine-attacks-russian-energy-facilities/): West Texas Intermediate (WTI) futures on NYMEX trade 0.25% higher to near 59.00 during the Asian trading session on Thursday. The Oil price gains as Ukraine’s attack on the Druzhba oil pipeline, situated in Russia’s central Tambov region that supplies energy products to Hungary and Slovakia, has raised supply concerns at times when Moscow’s major … - [XAG/USD’s rally hits pause near $59, upside bias remains intact](https://todaymarkets.ae/xag-usds-rally-hits-pause-near-59-upside-bias-remains-intact/): Silver price (XAG/USD) trades 0.8% lower to near $58.00 during the late Asian trading session on Thursday from its all-time high around $59.00 posted on Wednesday. The white metal corrects as the two-week rally hits pause, while the outlook remains firm as traders are increasingly confident that the Federal Reserve (Fed) will cut interest rates in its monetary policy meeting on Wednesday. … - [Gold edges lower as USD rebounds from over one-month low; downside seems limited](https://todaymarkets.ae/gold-edges-lower-as-usd-rebounds-from-over-one-month-low-downside-seems-limited/): Gold (XAU/USD) trades with a negative bias during the Asian session on Thursday, though it lacks bearish conviction and remains confined in the weekly range. The US Dollar (USD) attempts a modest recovery from its lowest level since late October, touched on Wednesday, and turns out to be a key factor acting as a headwind for … - [EUR/USD eases from October highs amid USD uptick; holds above mid-1.1600s](https://todaymarkets.ae/eur-usd-eases-from-october-highs-amid-usd-uptick-holds-above-mid-1-1600s/): The EUR/USD pair edges lower during the Asian session on Thursday and erodes a part of the previous day’s strong gains to its highest level since October 17. Spot prices currently trade around the 1.1660-1.1655 region, though the downside seems limited amid a supportive fundamental backdrop. The US Dollar (USD) is attempting a modest recovery from … - [Cold US Temps Spark Fund Buying of Nat-Gas Futures](https://todaymarkets.ae/cold-us-temps-spark-fund-buying-of-nat-gas-futures/): January Nymex natural gas (NGF26) on Wednesday closed up by +0.155 (+3.20%). Jan nat-gas prices rallied sharply on Wednesday and posted a nearly 3-year nearest-futures high.   Weather forecasts of colder-than-normal weather in the US, which will boost nat-gas heating demand, have sparked fund buying of nat-gas futures on Wednesday.   Forecaster Atmospheric G2 said … - [Cattle Extend Gains](https://todaymarkets.ae/cattle-extend-gains/): Live cattle futures closed the Wednesday session with contracts up 47 cents to $1.10. Cash trade has been quiet so far this week. The Wednesday Fed Cattle Exchange online auction showed no sales on the 1,508 head offered, with bids of $217.5-220 live and $325-326 in the beef. Feeder cattle futures continued to rally back, with … - [Soybeans Fall Back as Trade Await More Chinese Business](https://todaymarkets.ae/soybeans-fall-back-as-trade-await-more-chinese-business/): Soybeans fell back by 9 to 10 cents in the front months on Wednesday. The cmdtyView national average Cash Bean price was 8 3/4 cents lower at $10.45. Soymeal futures were down 20 cents to $1.70, with Soy Oil futures 89 to 101 points lower. There were 3 deliveries issued against December soybean meal overnight, with 128 for December bean oil. … - [Wheat Heads Lower](https://todaymarkets.ae/wheat-heads-lower-2/): The wheat complex saw weakness across most contracts on Wednesday. Chicago SRW futures were steady to 3 cents in the red on the day. KC HRW futures were down 2 to 4 cents on Wednesday. MPLS spring wheat was 4 to 5 cents lower at the close. There were no deliveries issued against December CBT … - [Corn Falls Back Despite Record Ethanol Output](https://todaymarkets.ae/corn-falls-back-despite-record-ethanol-output/): Corn futures posted Wednesday losses of 5 to 7 cents across most contracts at the close. The CmdtyView national average Cash Corn price was down 6 1/2 cents at $3.98 3/4.  Weekly EIA data from this morning showed a record ethanol production total in the week ending on November 28, totaling 1.126 million barrels per day, a … - [Cotton Continues to Slide Lower](https://todaymarkets.ae/cotton-continues-to-slide-lower/): Cotton futures posted losses of 11 point in the front months on Wednesday, with other contract holding lower. Crude oil futures were up 37 cents per barrel at $59.01 on the day, with the US dollar index $0.476 lower to $98.820. The December 2 online auction from The Seam showed 15,688 bales sold at an … - [Stronger India Sugar Output Undercuts Prices](https://todaymarkets.ae/stronger-india-sugar-output-undercuts-prices/): March NY world sugar #11 (SBH26) on Wednesday closed down -0.05 (-0.33%), and March London ICE white sugar #5 (SWH26) closed down -3.20 (-0.75%). Sugar prices fell on Wednesday amid expectations of larger sugar supplies from India.  On Monday, sugar prices fell sharply to 1-week lows amid India’s ramped-up sugar production.  The India Sugar Mill … - [Brazilian Real Strength Boosts Arabica Coffee Prices](https://todaymarkets.ae/brazilian-real-strength-boosts-arabica-coffee-prices/): March arabica coffee (KCH26) today is up +0.15 (+0.04%), and January ICE robusta coffee (RMF26) is down -15 (-0.34%). Coffee prices are mixed today, with robusta falling to a 1.5-week low.  Arabica coffee has support today from strength in the Brazilian real (^USDBRL), which climbed to a 2-week high against the dollar, discouraging export selling … - [Cocoa Prices Settle Mixed on Forex Movements](https://todaymarkets.ae/cocoa-prices-settle-mixed-on-forex-movements/): March ICE NY cocoa (CCH26) on Wednesday closed up +49 (+0.90%), and March ICE London cocoa #7 (CAH26) closed down -28 (-0.69%). Cocoa prices settled mixed on Wednesday.  Currency fluctuations on Wednesday affected cocoa prices.  NY cocoa rose on Wednesday amid a weaker dollar, as the dollar index (DXY00) tumbled to a 5-week low.  However, … - [Korean Stocks Fall on Chip and Auto Sector Slump](https://todaymarkets.ae/korean-stocks-fall-on-chip-and-auto-sector-slump/): The benchmark KOSPI slipped 0.80% to around 4,003 on Thursday, erasing gains from earlier in the week as weakness in chip and automotive stocks weighed on the index. Samsung Electronics (-1.15%), SK Hynix (-3.44%), LG Energy Solution (-0.60%), SK Square (-5.15%), KB Financial (-1.14%), and Shinhan Financial (-0.88%) were the primary contributors to the decline, … - [Yen Firms Up on BOJ Rate Hike Bets](https://todaymarkets.ae/yen-firms-up-on-boj-rate-hike-bets/): The Japanese yen strengthened toward 155 per dollar on Thursday, trading near its highest level in more than two weeks amid growing speculation that the Bank of Japan will raise interest rates this month. Expectations firmed after BOJ Governor Kazuo Ueda voiced confidence in Japan’s economic outlook and said the central bank would carefully weigh … - [China Stocks Mixed Amid Lack of Catalyst](https://todaymarkets.ae/china-stocks-mixed-amid-lack-of-catalyst/): The Shanghai Composite fell 0.4% to around 3860, while the Shenzhen Component rose 0.1% to 12,970 on Thursday, as mainland stocks showed mixed performances amid a lack of market-moving catalysts. Investors are awaiting updates from the annual Central Economic Work Conference and the December Politburo meeting for guidance on Beijing’s policy direction and growth targets … - [Hong Kong Stocks Trade Slightly Higher](https://todaymarkets.ae/hong-kong-stocks-trade-slightly-higher/): Hong Kong equities rose 75 points, or 0.3%, to 25,834 in Thursday morning deals, reversing a sharp drop the previous day as gains mainly from tech and consumer stocks lifted risk appetite. An extended rally on Wall Street overnight lent further support ahead of Friday’s PCE index, the Fed’s preferred inflation gauge, while markets priced … - [Offshore Yuan Retreats on Weak Fixing](https://todaymarkets.ae/offshore-yuan-retreats-on-weak-fixing-2/): The offshore yuan weakened to around 7.05 per dollar, retreating from a more than one-year high in the prior session after the People’s Bank of China set a weaker-than-expected daily fixing. The PBOC set the midpoint at 7.0733 per dollar, 179 pips below the Reuters consensus and marking the largest weak side deviation since November … - [Japan 10-Year Yield Hits Fresh 18-Year High](https://todaymarkets.ae/japan-10-year-yield-hits-fresh-18-year-high/): Japan’s 10-year government bond yield rose above 1.9% on Thursday, reaching its highest level since 2007 amid growing speculation that the Bank of Japan will raise interest rates this month. Expectations strengthened after BOJ Governor Kazuo Ueda expressed confidence in Japan’s economic outlook and said the central bank would carefully weigh the pros and cons … - [AUS 10-Year Yield Climbs to Over 2-Year High](https://todaymarkets.ae/aus-10-year-yield-climbs-to-over-2-year-high/): Australia’s government bond yield rose to 4.67% on Thursday, its highest level since November 2023, as strong economic data bolstered expectations of a rate hike next year. Household spending jumped 1.3% month-on-month in October, the biggest gain since January 2024, following a 0.3% rise in September. At the same time, the trade surplus widened more … - [US 10-Year Yield Tracks Global Peers Higher](https://todaymarkets.ae/us-10-year-yield-tracks-global-peers-higher/): The yield on the 10-year US Treasury note rose to around 4.08% on Thursday, reversing the previous session’s decline and following a global rise in bond yields amid an increasingly hawkish monetary policy outlook in other major economies. Japan’s 10-year bond yield surged to a fresh 18-year high on speculation that the Bank of Japan … - [Palm Oil Extends Declines](https://todaymarkets.ae/palm-oil-extends-declines/): Malaysian palm oil futures fell over 1% to below MYR 4,150 per tonne, marking a second session of losses as a stronger ringgit and weaker edible oils on the Chicago and Dalian exchanges pressured sentiment. Supply concerns added to the downside after a Reuters survey suggested Malaysian inventories likely climbed to a 6-1/2-year high in … - [Trade of The Day - NATGAS](https://todaymarkets.ae/trade-of-the-day-natgas/): Facts: Trade: NATGAS SHORT at market price NATGAS (D1) Source: xStation5 Opinion: The price of NATGAS has increased by over 75% in the last 3 months and has stopped at the level of 4.94, which during the upward wave at the beginning of 2025 and in 2017 proved to be a strong resistance zone, after … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-9/): AUDUSD continues its rally, adding another 0.3% amid broad dollar weakness and the newest GDP print for Australia. Data came in lower than expected, but it underlined constantly growing inflationary pressures, which reinforced market’s bets on hawkish RBA. AUDUSD defended today the 50.0 Fibonacci level (around 0.656), currently approaching the test of the next resistance around … - [U.K Services Surprises to The Upside But, Activity Remains Subdued](https://todaymarkets.ae/u-k-services-surprises-to-the-upside-but-activity-remains-subdued/): The UK service sector PMI has surprised on the upside for November. Analysts were expecting a reading of 50.5, however, the final reading has been revised higher to 51.3, which suggests that sentiment in the service sector is not as bad as feared, although activity continues to remain at a subdued level. This is a … - [U.K Services PMI Higher Than Expected](https://todaymarkets.ae/u-k-services-pmi-higher-than-expected/): 09:30 AM BST, United Kingdom – PMI Data for November: The UK services sector saw growth slow sharply in November, as weaker domestic and export demand weighed on activity, though the drop in business momentum was weaker than expected. Employment fell at the fastest rate since February, margins were squeezed by rising costs and intense price competition, and business sentiment remained … - [French And German Services PMI's Beat Expectations](https://todaymarkets.ae/french-and-german-services-pmis-beat-expectations/): 08:50 AM BST, France – PMI Data for November: 08:55 AM BST, Germany – PMI Data for November: France’s services sector returned to growth in November, its first expansion since August 2024. Activity and new orders increased, supported by stabilising export demand and backlog reductions. However, employment slipped, optimism stayed historically weak, and firms reported limited pricing power despite faster input-cost inflation. The rebound is encouraging but its … - [France Q3 GDP Growth Beats Estimates](https://todaymarkets.ae/france-q3-gdp-growth-beats-estimates/): The French economy grew 0.5% quarter-on-quarter in Q3 2025, accelerating from 0.3% in Q2 and strongly surpassing market forecasts of 0.1%, according to preliminary estimates. It was the fastest quarterly expansion since Q2 2023. On a year-on-year basis, GDP rose 0.9%, stronger than the revised 0.7% growth in Q2, marking the fastest annual pace in … - [Indian Equities Slip from 13-Month High](https://todaymarkets.ae/indian-equities-slip-from-13-month-high/): The BSE Sensex fell 377 points, or 0.4%, to 84,617 in morning trade on Thursday, pulling back from a 13-month high reached a day earlier, as traders assessed the Fed’s decision to cut rates by 25 bps while signaling a pause on further reductions this year. Caution also prevailed as traders awaited the outcome of … - [Palm Oil Stabilizes After Four-Day Drop](https://todaymarkets.ae/palm-oil-stabilizes-after-four-day-drop/): Malaysian palm oil futures hovered around MYR 4,250 per tonne after a four-day decline, as traders weighed mixed global and local signals. U.S. President Trump and Chinese President Xi Jinping concluded an approximately 90-minute meeting in Busan, South Korea, on trade and tariff issues, though no concrete details were released. Trump said the U.S. could … - [New Zealand Stocks Extend Gains](https://todaymarkets.ae/new-zealand-stocks-extend-gains/): New Zealand’s benchmark S&P/NZX 50 index rose 0.4% to close at 13,459 on Thursday, extending gains to reach its highest level in nearly three weeks. The local market tracked gains in most Asian equities after the US Federal Reserve delivered a widely expected 25bps rate cut. However, Fed Chair Jerome Powell said that this may … - [Copper Holds Near 3-Month High](https://todaymarkets.ae/copper-holds-near-3-month-high/): Copper futures hovered around $5.15 per pound on Thursday, staying close to three-month highs as investors digested developments from the meeting between US President Donald Trump and Chinese President Xi Jinping. Trump agreed to cut fentanyl tariffs on China by half to 10%, while adding that Beijing pledged to pause rare earth export restrictions for … - [Brent Slips as US-China Talks Conclude](https://todaymarkets.ae/brent-slips-as-us-china-talks-conclude/): Brent crude oil futures fell toward $64 per barrel on Thursday, giving up gains from the previous session, as the Trump–Xi summit concluded progress on several trade issues but left energy discussions off the table. While developments in trade talks offered some relief for global growth outlook, the absence of energy issues left markets uncertain … - [Gold’s Wild Ride: 120% Surge, 9% Drop, and What Comes Next](https://todaymarkets.ae/golds-wild-ride-120-surge-9-drop-and-what-comes-next/) - [Cotton Rallies](https://todaymarkets.ae/cotton-rallies/): Cotton futures were up 91 to 96 points higher across most contracts on Wednesday. Crude oil futures were up 21 cents/barrel to $60.36, with the US dollar index back up $0.502 to $98.955.  There was some optimism ahead of the Trump/Xi meeting later this evening into Thursday in South Korea. The Tuesday online auction from The … - [Sugar Prices Recover on Brazilian Real Strength](https://todaymarkets.ae/sugar-prices-recover-on-brazilian-real-strength/): March NY world sugar #11 (SBH26) on Wednesday closed up +0.05 (+0.35%), and December London ICE white sugar #5 (SWZ25) closed up +0.60 (+0.14%). Sugar prices shook off early losses and turned higher on Wednesday as short covering emerged due to strength in the Brazilian real (^USDBRL).  The real rallied to a 2.5-week high against … - [Coffee Prices Supported by Shrinking ICE Inventories](https://todaymarkets.ae/coffee-prices-supported-by-shrinking-ice-inventories/): December arabica coffee (KCZ25) on Wednesday closed up +2.80 (+0.72%), and January ICE robusta coffee (RMF26) closed up +145 (+3.25%). Coffee prices settled higher on Wednesday.  Coffee prices are supported by shrinking ICE coffee inventories.  The 50% tariffs imposed on US imports from Brazil have led to a sharp drawdown in ICE coffee inventories.  ICE-monitored … - [Cocoa Prices Rebound as ICE Inventories Dwindle](https://todaymarkets.ae/cocoa-prices-rebound-as-ice-inventories-dwindle/): December ICE NY cocoa (CCZ25) on Wednesday closed up +42 (+0.70%), and December ICE London cocoa #7 (CAZ25) closed up +62 (+1.46%). Cocoa prices recovered from 1-week lows on Wednesday and moved higher as ICE inventories continue to shrink.  ICE-monitored cocoa inventories held in US ports fell to a 7-month low of 1,837,670 bags on … - [EUR/JPY surges above 177.50 following BoJ interest rate decision, ECB policy eyed](https://todaymarkets.ae/eur-jpy-surges-above-177-50-following-boj-interest-rate-decision-ecb-policy-eyed/): EUR/JPY gains ground after two days of losses, trading around 177.50 during the Asian hours on Thursday. The currency cross receives support as the Japanese Yen (JPY) faces challenges after the Bank of Japan (BoJ) decided to keep the short-term interest rate target unchanged in the range of 0.4%- 0.5% in October. The BoJ decision came in … - [Japanese Yen remains on the back foot](https://todaymarkets.ae/japanese-yen-remains-on-the-back-foot/): The Japanese Yen (JPY) attracts some intraday sellers on Thursday after the Bank of Japan (BoJ) decided to maintain the status quo, though it lacks follow-through. Traders seem reluctant to place aggressive bets and opt to wait for more cues about a rate hike in December or early next year amid expectations that Japan’s new … - [XAG/USD struggles near mid-$47.00s amid mixed technical signals](https://todaymarkets.ae/xag-usd-struggles-near-mid-47-00s-amid-mixed-technical-signals/): Silver (XAG/USD) struggles to find acceptance above the $48.00 round figure and attracts some sellers during the Asian session on Thursday. The white metal, however, manages to hold comfortably above its lowest level since September 25, touched on Tuesday, and currently trades just below mid-$47.00s, down 0.20% for the day. From a technical perspective, this week’s … - [EUR/USD rises to near 1.1630 as US Dollar corrects after Trump-Xi meeting](https://todaymarkets.ae/eur-usd-rises-to-near-1-1630-as-us-dollar-corrects-after-trump-xi-meeting/): The EUR/USD pair trades 0.25% higher to near 1.1630 during the late Asian trading session on Thursday. The major currency pair attracts bids as the US Dollar (USD) corrects after United States (US) President Donald Trump and Chinese leader Xi Jinping concluded the meeting without signing a trade deal. During the press time, the US … - [WTI treads water above $60.00 before US-China trade deal updates](https://todaymarkets.ae/wti-treads-water-above-60-00-before-us-china-trade-deal-updates/): West Texas Intermediate (WTI) Oil price inches lower after modest gains in the previous session, trading around $60.10 per barrel during the Asian hours on Thursday. Crude Oil prices move little as traders stay cautious following the conclusion of the United States (US)-China meeting. US President Donald Trump and Chinese President Xi Jinping held a … - [Australian Dollar holds gains following Trump-Xi meeting](https://todaymarkets.ae/australian-dollar-holds-gains-following-trump-xi-meeting/): AUD/USD gains ground after recovering its recent losses registered in the previous session, trading around 0.6590 during the Asian hours on Thursday. The Australian Dollar (AUD) holds ground against the US Dollar (USD) following the highly anticipated meeting between US President Donald Trump and China’s President Xi Jinping in South Korea. Any shift in China’s economic … - [USD/INR gains at open despite US Dollar faces pressure](https://todaymarkets.ae/usd-inr-gains-at-open-despite-us-dollar-faces-pressure/): The Indian Rupee (INR) opens close to Wednesday’s low around 88.60 against the US Dollar (USD) on Thursday. The USD/INR pair holds onto the previous day’s gains even as the US Dollar trades lower At the time of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades lower to near … - [Gold gains traction amid USD weakness and reviving safe-haven demand](https://todaymarkets.ae/gold-gains-traction-amid-usd-weakness-and-reviving-safe-haven-demand/): Gold (XAU/USD) attracts some buyers during the Asian session on Thursday and now seems to have snapped a four-day losing streak. The US Dollar (USD) struggles to capitalize on the previous day’s post-FOMC gains to an over two-week high and drifts lower amid concerns about economic risks stemming from a prolonged US government shutdown. This, … - [Hong Kong Shares Trade Notably Higher After Fed, HKMA Moves](https://todaymarkets.ae/hong-kong-shares-trade-notably-higher-after-fed-hkma-moves/): Hong Kong stocks rose 145 points, or 0.6%, to 26,487 on Thursday morning trade, reversing modest losses from the previous session as trading resumed after Wednesday’s holiday. Gains were mainly led by financial and consumer sectors, amid slight rises in U.S. futures following the Fed’s 25bps rate cut overnight, with the Hong Kong Monetary Authority … - [Won Rises on Seoul–Washington Tariff Deal](https://todaymarkets.ae/won-rises-on-seoul-washington-tariff-deal/): The South Korean won appreciated to around 1,421 per dollar on Thursday, its highest level in two weeks, supported by growing market optimism following the finalization of the Seoul–Washington tariff deal. According to Kim Yong-beom, the presidential chief of staff for policy, the investment package will include $200 billion in cash installments and $150 billion … - [South Korean Shares Hit Record High on Trade Deal, Sector Gains](https://todaymarkets.ae/south-korean-shares-hit-record-high-on-trade-deal-sector-gains/): The benchmark KOSPI rose 1.1% to around 4,125 on Thursday, breaking through record highs, supported by optimism over the newly agreed Korea-US trade and investment pact and solid corporate earnings. Seoul and Washington reached terms on a USD 350 billion investment package during the APEC summit, including a USD 200 billion in cash-based funding and … - [Yuan Holds Near 1-Year High on Trump-Xi Meeting](https://todaymarkets.ae/yuan-holds-near-1-year-high-on-trump-xi-meeting/): The offshore yuan traded around 7.09 per dollar on Thursday, holding near a one-year high as market sentiment remained upbeat on the back of the meeting between Presidents Donald Trump and Xi Jinping. The encounter marked the first between the two leaders since Trump’s return to office in January, with the pair exchanging handshakes on … - [Japan 10-Year Yield Climbs After BOJ Decision](https://todaymarkets.ae/japan-10-year-yield-climbs-after-boj-decision/): Japan’s 10-year government bond yield rose 2 basis points to 1.66% on Thursday after the Bank of Japan kept its policy rate unchanged at 0.5%, as widely expected. The decision was passed by a 7-2 vote, with board members Naoki Tamura and Hajime Takata again advocating a hike to 0.75%, repeating their stance from September. … - [US Futures Rise After Trump-Xi Meeting](https://todaymarkets.ae/us-futures-rise-after-trump-xi-meeting/): US stock futures climbed on Thursday after President Donald Trump met with Chinese President Xi Jinping in South Korea. Trump said the US and China will maintain a strong relationship for a long time, while Xi called on both nations to stay on the right path to ensure stability. Meanwhile, investors digested mixed earnings from … - [Fed's Powell: Another cut in December is far from assured](https://todaymarkets.ae/feds-powell-another-cut-in-december-is-far-from-assured/): Chief Powell’s press conference takeaways Data available suggests the outlook for employment and inflation has not changed much since the September meeting. Prior to shutdown, data showed the economy may be on a firmer trajectory. Shutdown will weigh on economic activity while it persists and should reverse when it ends. Labour demand has clearly softened. … - [EUR/USD slides as Fed delivers rate cut, signals end of QT](https://todaymarkets.ae/eur-usd-slides-as-fed-delivers-rate-cut-signals-end-of-qt/): EUR/USD seesawed within the 1.1650-1.1635 range on Wednesday as the Federal Reserve (Fed) cut rates by 25 basis points, as expected, yet there were two dissenters at the meeting. At the time of writing, the pair trades volatile, as traders await the Fed Chair Jerome Powell’s press conference. Dollar swings as traders await Powell’s tone for clues on future … - [Boeing After Earnings 777X Delayed Again](https://todaymarkets.ae/boeing-after-earnings-777x-delayed-again/): Boeing is one of the largest aerospace and defense corporations in the world. The company designs and manufactures passenger and military aircraft, and also provides service and technical support to operators worldwide. The latest report disappointed investors, but without signs of a sentiment collapse. The improvement in results is worse than expected, but does not … - [Alphabet Q3 Earnings Preview](https://todaymarkets.ae/alphabet-q3-earnings-preview/): Alphabet is set to release its third-quarter 2025 earnings after market close. What can we expect from the tech giant, and will the AI-driven rally continue? Today’s report will be one of the most important tests for the market, showing whether Alphabet’s record investments in AI and Google Cloud translate into real revenue and profit growth. … - [Sharp Drop in U.S. Oil Inventories](https://todaymarkets.ae/sharp-drop-in-u-s-oil-inventories/): 03:30 PM BST, United States – EIA Data: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by … - [XAU/USD snaps three-day losing streak as Fed’s policy takes centre stage](https://todaymarkets.ae/xau-usd-snaps-three-day-losing-streak-as-feds-policy-takes-centre-stage/): Gold price (XAU/USD) snaps its three-day losing streak, trading 1.70% higher to near $4,020 during the European trading session on Wednesday. The precious metal bounces back ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT. According to the CME FedWatch tool, traders have priced in a 25-basis-point (bps) interest rate reduction by … - [Nvidia Nears $5 Trillion Valuation](https://todaymarkets.ae/nvidia-nears-5-trillion-valuation/): Nvidia has recorded an impressive surge in market value, approaching the $5 trillion mark and solidifying its position among the world’s most valuable companies. In recent days, the company’s stock has risen by around 5 percent, significantly boosting its capitalization and reaffirming its dominance in the global artificial intelligence sector. Investors’ attention has been drawn to … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-6/): AUDUSD gains 0.25% on the back of Australia’s strongest CPI inflation data in over a year, which reduces the likelihood of further rate cuts. Hawkish expectations toward the Reserve Bank of Australia (RBA), coupled with a broader risk-on sentiment and renewed optimism over a potential U.S.-China trade peace, are making the Australian dollar the best-performing G10 … - [Microsoft Preview - What to Expect From Q3 Earnings](https://todaymarkets.ae/microsoft-preview-what-to-expect-from-q3-earnings/): Microsoft is one of the pillars of the global digital economy and a brand that permeates almost every aspect of software. The company’s financial results often become a barometer of demand for technology and investments in data infrastructure and artificial intelligence. Today, after the stock market closes in the United States, the company will present … - [European Gas Steadies as Supply Risks Rise](https://todaymarkets.ae/european-gas-steadies-as-supply-risks-rise/): European natural gas futures hovered near €32 per megawatt-hour, returning to their recent trading range as investors balanced strong storage levels against signs of tightening supply and rising demand. Shipments of liquefied natural gas to Europe have slowed in recent days, while Norwegian pipeline flows have dipped due to maintenance work, reviving concerns about short-term … - [FTSE 100 Rises for 8th Session](https://todaymarkets.ae/ftse-100-rises-for-8th-session/): The FTSE 100 traded higher at record levels on Wednesday, extending its winning streak to eight sessions, driven by gains in miners and upbeat corporate updates. GSK climbed over 4% after reporting stronger-than-expected Q3 profit and revenue, while raising its full-year forecasts for earnings, turnover, and operating profit. The company now expects core EPS growth … - [Paris Stocks Edge Lower on Corporate Updates and Fed Caution](https://todaymarkets.ae/paris-stocks-edge-lower-on-corporate-updates-and-fed-caution/): The CAC 40 edged down 0.1% to 8,210 on Wednesday, hovering near a one-week low as investors digested a fresh batch of corporate earnings. Shares of French manufacturer Bic plunged over 9% after the company cut its 2025 forecasts for sales, operating margin, and cash flow growth, citing weaker-than-expected third-quarter performance. Sopra Steria slipped 1% … - [DAX Stays Cautious](https://todaymarkets.ae/dax-stays-cautious/): Germany’s DAX traded near the flatline around 24,280 on Wednesday, mirroring a cautious mood across European markets. Traders looked ahead to the outcome of the Fed’s policy meeting and eyed a flurry of corporate earnings from both sides of the Atlantic, with US big tech in focus. Attention was also on Thursday’s highly anticipated Trump-Xi … - [UK Consumer Credit Growth at 4-Month Low](https://todaymarkets.ae/uk-consumer-credit-growth-at-4-month-low/): Net borrowing of consumer credit by individuals in the UK was at £1.49 billion in September 2025, the lowest level since May, down from an upwardly revised £1.75 billion in August. Net borrowing through other forms of consumer credit, such as car dealership finance and personal loans, decreased to £0.8 billion in September, from £1.0 … - [Korean Won Strengthens on Trade Deal Signal](https://todaymarkets.ae/korean-won-strengthens-on-trade-deal-signal/): The South Korean won appreciated to 1,425 per USD, extending the rebound from the over six-month low of 1,440 touched on October 24th amid the stronger outlook for Korean export industries under signals of new trade deal with the US. US President Trump announced a likely new trade deal with Korea after meeting with President … - [S&P, Nasdaq Futures Rise on AI Optimism](https://todaymarkets.ae/sp-nasdaq-futures-rise-on-ai-optimism/): Futures tracking the S&P 500 and Nasdaq 100 climbed on Wednesday as enthusiasm over artificial intelligence continued to lift market sentiment. Nvidia shares jumped more than 8% in Asian trading on the Blue Ocean platform, pointing to further gains on Wall Street after US President Donald Trump said he plans to discuss the company’s Blackwell … - [China Drops EVs from Strategic Industry List in New 5-Year Plan](https://todaymarkets.ae/china-drops-evs-from-strategic-industry-list-in-new-5-year-plan/): Beijing has excluded electric vehicles from its list of strategic industries in the 2026–2030 five-year development plan, marking their first omission in over a decade as the sector struggles with oversupply. New energy vehicles (NEVs), including EVs, plug-in hybrids, and fuel cell cars, had been classified as strategic emerging industries in the previous three plans … - [Soybean Closes Off the Highs, After Rallying to 15 Month High](https://todaymarkets.ae/soybean-closes-off-the-highs-after-rallying-to-15-month-high/): Soybeans posted 4 ¾ to 11 ¼ cent gains across the board on Tuesday, as contracts fell off the intraday highs. The cmdtyView national average Cash Bean price is 11 3/4 cents higher at $10.10 1/2. Soymeal futures are up $6.20 to $8.50, with Soy Oil futures 16 to 51 points lower.  Optimism continues ahead of the Trump/Xi meeting this week, … - [Wheat Extends Gains](https://todaymarkets.ae/wheat-extends-gains/): The wheat complex closed higher across the three exchanges on Tuesday. CBT soft red wheat posted 3 to 5 1/2 cent gains on the session. KC HRW futures were 5 1/2 to 6 1/4 cents in the green on Tuesday. MPLS spring wheat futures saw 1 1/2 to 2 1/2 cent gains at the close. … - [Trade Deals Likely to Fuel Demand for U.S. Corn](https://todaymarkets.ae/trade-deals-likely-to-fuel-demand-for-u-s-corn/): Looking at the charts below, I see market action in corn futures trending higher.  An increase in corn demand from Southeast Asian countries is likely this year. The Office of the United States Trade Representative reports that “This week, President Trump signed Agreements on Reciprocal Trade with Malaysia and Cambodia and reached Frameworks for Agreements … - [Sugar Prices Extend Sell-Off to Lowest Levels in More Than 4 Years](https://todaymarkets.ae/sugar-prices-extend-sell-off-to-lowest-levels-in-more-than-4-years/): March NY world sugar #11 (SBH26) on Tuesday closed down -0.09 (-0.62%), and December London ICE white sugar #5 (SWZ25) closed down -5.10 (-1.21%). Sugar prices on Tuesday extended this month’s plunge, with NY sugar falling to a new 4.75-year nearest-futures low and London sugar falling to a new 4.25-year nearest-futures low.   Sugar prices … - [NY Coffee Prices Post 2-week Low on Forecasts for Rain in Brazil](https://todaymarkets.ae/ny-coffee-prices-post-2-week-low-on-forecasts-for-rain-in-brazil/): December arabica coffee (KCZ25) on Tuesday closed down -2.20 (-0.56%), and November ICE robusta coffee (RMX25) closed down -1 (-0.02%). NY coffee prices on Tuesday extended the plunge from last Thursday’s 8.5-month nearest-futures high to post a new 2-week low.  Coffee prices are being undercut by forecasts for rain this week in key coffee-growing areas … - [Cocoa Prices Fall on Favorable West Africa Growing Conditions](https://todaymarkets.ae/cocoa-prices-fall-on-favorable-west-africa-growing-conditions-2/): December ICE NY cocoa (CCZ25) on Tuesday closed down -180 (-2.91%), and December ICE London cocoa #7 (CAZ25) closed down -113 (-2.58%). Cocoa prices on Tuesday extended Monday’s sell-off amid expectations of a global cocoa surplus driven by favorable West African weather and harvests.  Weather forecaster Vaisala on Monday forecasted scattered showers in the coming … - [Australian Shares Fall After Hot Inflation Data](https://todaymarkets.ae/australian-shares-fall-after-hot-inflation-data/): The S&P/ASX 200 dropped 0.8% to around 8,940 on Wednesday, hitting a two-week low, as faster-than-expected inflation data strengthened bets that the Reserve Bank of Australia will keep rates on hold for longer. The latest figures reinforced the central bank’s view that inflation remains sticky, with the monthly CPI rising 3.5% year-on-year in September 2025, … - [Oil Holds 3-Day Decline](https://todaymarkets.ae/oil-holds-3-day-decline/): WTI crude oil futures traded around $60 per barrel on Wednesday, holding a three-day decline as investors continued to weigh the impact of US sanctions on Russia and persistent oversupply concerns. Last week, Washington blacklisted Rosneft and Lukoil, Russia’s largest oil producers, prompting traders to closely monitor potential fallout. Indian refiners paused new Russian oil … - [China Stocks Rise Ahead of Xi-Trump Meeting](https://todaymarkets.ae/china-stocks-rise-ahead-of-xi-trump-meeting/): The Shanghai Composite rose 0.1% to above 3,990 while the Shenzhen Component gained 0.7% to 13,520 on Wednesday, recouping losses from the previous session s investors awaited the highly anticipated meeting between Chinese President Xi Jinping and US President Donald Trump. The two leaders are expected to finalize a framework that could halt planned US … - [South Korean Won Slips Amid APEC Summit](https://todaymarkets.ae/south-korean-won-slips-amid-apec-summit/): The South Korean won weakened to around 1,433 per dollar on Wednesday, extending losses for the second session as investors remained cautious amid the APEC summit talks in Gyeongju. Authorities maintain a neutral assessment of the prospects for progress, stating that the administration is “neither optimistic nor pessimistic”. Discussions are expected to concentrate on the … - [South Korean Shares Climb on SK Hynix, Wall Street Rally](https://todaymarkets.ae/south-korean-shares-climb-on-sk-hynix-wall-street-rally/): The benchmark KOSPI climbed 1.4% to around 4,065 on Wednesday, hitting new record highs, supported by strong gains in technology shares and positive sentiment from Wall Street. SK Hynix posted record third-quarter earnings, with operating profit surpassing KRW 11 trillion, driven by robust global demand for high-bandwidth memory used in AI data centers. As a … - [US 10-Year Yield Muted Ahead of Fed Decision](https://todaymarkets.ae/us-10-year-yield-muted-ahead-of-fed-decision/): The yield on the US 10-year Treasury note was little changed around 3.98% on Wednesday as investors awaited the Federal Reserve’s policy decision, with markets widely expecting a quarter-point rate cut. Traders will focus on comments from Chair Jerome Powell for signals on the pace of future easing, with another reduction in December already priced … - [Japan 10-Year Yield Rises Ahead of BOJ Decision](https://todaymarkets.ae/japan-10-year-yield-rises-ahead-of-boj-decision/): Japan’s 10-year government bond yield rose 2 basis points to 1.65% on Wednesday as investors positioned for the Bank of Japan’s policy decision this week, where rates are expected to remain unchanged. Still, policymakers are set to discuss conditions for resuming rate hikes as tariff-related risks ease, though persistent inflation continues to complicate the outlook. … - [Australia 10-Year Yield Climbs After Hot CPI Data](https://todaymarkets.ae/australia-10-year-yield-climbs-after-hot-cpi-data/): Australia’s 10-year bond yield climbed to 4.22%, the highest level in two weeks, after hotter-than-expected inflation reading dampened hopes of an imminent interest-rate cut. Annual inflation rose to a more than one-year high of 3.5% in September from 3% in August, surpassing the 3.1% forecast and moving further above the Reserve Bank’s 2-3% target range. … - [Offshore Yuan Hovers Near 1-Year High](https://todaymarkets.ae/offshore-yuan-hovers-near-1-year-high/): The offshore yuan traded around 7.09 per dollar on Wednesday, hovering near a one-year high as optimism persisted ahead of the highly anticipated meeting between Presidents Donald Trump and Xi Jinping. Trump indicated that he expects to reduce fentanyl-related tariffs on China ahead of the meeting in South Korea later this week, following reports that … - [Palm Oil Plunges to 12-Week Low](https://todaymarkets.ae/palm-oil-plunges-to-12-week-low/): Malaysian palm oil futures tumbled around 1.7% to below MYR 4,250 per tonne, extending losses for the fourth consecutive session and reaching their lowest level since early August. The steep decline was driven by a stronger ringgit and weakness in rival vegetable oils traded in Dalian and Chicago markets. At the same time, demand prospects … - [EUR/USD softens below 1.1650 ahead of Fed rate decision](https://todaymarkets.ae/eur-usd-softens-below-1-1650-ahead-of-fed-rate-decision/): The EUR/USD pair loses ground to near 1.1635 during the Asian trading hours on Wednesday. Optimism surrounding US-China trade deals weighs on the riskier currency, like the Euro (EUR) against the US Dollar (USD). Traders brace for the Federal Reserve (Fed) interest rate decision later on Wednesday. On Thursday, the attention will shift to the European Central Bank … - [NZD/USD sits near three-week top; stays below 0.5800 amid modest USD uptick, ahead of Fed](https://todaymarkets.ae/nzd-usd-sits-near-three-week-top-stays-below-0-5800-amid-modest-usd-uptick-ahead-of-fed/): The NZD/USD pair touches a nearly three-week high during the Asian session on Wednesday, though it lacks follow-through buying and remains below the 0.5800 round figure. The fundamental backdrop, however, seems tilted in favor of bulls and backs the case for an case for an extension of the recent goodish recovery move from the 0.5730-0.5725 region, … - [Australian Dollar holds gains as domestic inflation rises in Q3](https://todaymarkets.ae/australian-dollar-holds-gains-as-domestic-inflation-rises-in-q3/): The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday following the release of Australia’s Consumer Price Index (CPI) data. Additionally, the AUD/USD pair receives support from decreasing bets on rate cuts by the Reserve Bank of Australia (RBA). Australia’s Consumer Price Index rose 1.3% quarter-over-quarter (QoQ) in the third quarter (Q3), compared … - [Gold recovers further from three-week low as traders await FOMC rate decision](https://todaymarkets.ae/gold-recovers-further-from-three-week-low-as-traders-await-fomc-rate-decision/): Gold (XAU/USD) attracts some buyers following an Asian session dip to the $3,917-3,916 area and moves further away from an over three-week low, touched the previous day. The commodity, for now, seems to have stalled its corrective pullback from the all-time peak, through any meaningful upside seems elusive as traders might opt to wait for the … - [GBP/USD falls to near 1.3250 due to increased BoE rate cut bets, Fed policy awaited](https://todaymarkets.ae/gbp-usd-falls-to-near-1-3250-due-to-increased-boe-rate-cut-bets-fed-policy-awaited/): GBP/USD loses ground for the second successive session, trading around 1.3250 during the Asian hours on Wednesday. The pair weakens as the Pound Sterling (GBP) declines following data from the British Retail Consortium (BRC) showing UK food prices falling at the fastest pace in nearly five years, strengthening expectations of upcoming Bank of England (BoE) … - [USD/CAD holds losses below 1.3950 ahead of policy decisions from Fed, BoC](https://todaymarkets.ae/usd-cad-holds-losses-below-1-3950-ahead-of-policy-decisions-from-fed-boc/): USD/CAD extends its losses for the third successive day, trading around 1.3940 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) remains subdued ahead of the US Federal Reserve (Fed) policy decision due later in the day. The Fed is widely expected to lower interest rates by another quarter point, bringing the benchmark rate to … - [AUD/JPY gathers strength above 100.00 on hot Australian CPI inflation data](https://todaymarkets.ae/aud-jpy-gathers-strength-above-100-00-on-hot-australian-cpi-inflation-data/): The AUD/JPY cross trades in positive territory near 100.30 during the Asian trading hours on Wednesday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) on the hotter-than-expected Australian inflation data. The Bank of Japan (BoJ) interest rate decision will take center stage later on Thursday.  Data released by the Australian Bureau of Statistics … - [Japanese Yen retreats from one-week high against USD; focus remains on Fed/BoJ decisions](https://todaymarkets.ae/japanese-yen-retreats-from-one-week-high-against-usd-focus-remains-on-fed-boj-decisions/): The Japanese Yen (JPY) attracts strong follow-through buyers for the second straight day and climbs to a one-week high against a softer US Dollar (USD) during the Asian session on Wednesday. Comments from Japan’s Economics Minister Minoru Kiuchi on Tuesday fueled speculations about a possible government intervention to stem further JPY weakness. Moreover, the outcome … - [UnitedHealth Group Q3 2025 Results](https://todaymarkets.ae/unitedhealth-group-q3-2025-results/): UnitedHealth Group once again confirmed its leading position in the health insurance and medical services sector, delivering results well above market expectations. Despite cost pressures and regulatory changes, the company continues to maintain stable growth and high profitability.   Financial Results In Q3 2025, UnitedHealth generated revenues of USD 113.2 billion, representing a 12 percent … - [PayPal - Double Digit Gains on Earnings](https://todaymarkets.ae/paypal-double-digit-gains-on-earnings/):  PayPal ends the earnings season with a spectacular increase. One of the world’s largest payment service providers has published its results and boasted about its collaboration with OpenAI. The company’s valuation is rising by over 10% in today’s session.The company showcased its results for the third quarter of 2025 and published forecasts for the upcoming … - [Trade of The Day - USDIDX](https://todaymarkets.ae/trade-of-the-day-usdidx/): Facts: Recommendation: Short position at market price Opinion: The U.S. dollar reacted as expected at the upper boundary of its multi-week consolidation channel. The market is now fully pricing in a 25 bps rate cut at the upcoming (October) meeting and another 25 bps cut at the end of the year (December). Furthermore, in his October 14th statement, Fed Chair Jerome Powell said that the quantitative tightening (QT) program could be concluded … - [Chart of The Day - WHEAT](https://todaymarkets.ae/chart-of-the-day-wheat/): Wheat prices got a short-lived lift this week on market chatter that China was sniffing around for U.S. wheat shipments — possibly one lot of white wheat. The rumor alone was enough to send futures higher, though analysts quickly questioned its credibility. So far, no official confirmation has surfaced, and with the USDA unable to issue “flash sales” reports during … - [Gold Plumets Another 2%](https://todaymarkets.ae/gold-plumets-another-2/): Current Correction on Gold Exceeds 11%, $3,900 Is Tested The decline in gold prices continued today, with the scale of the correction now surpassing the pullbacks seen in April and May this year. The current correction level is comparable to the 2022 decline, though that downward move was stretched over many months. The current sell-off, … - [OPEC+ to Raise Production in The Next Meeting](https://todaymarkets.ae/opec-to-raise-production-in-the-next-meeting/): Brent crude (OIL) futures are once again bouncing off resistance around $65.50 per barrel following media reports that OPEC+ plans another, albeit modest, production increase at its upcoming meeting on Sunday, November 2. According to the latest Bloomberg report citing two delegates from the cartel, OPEC+ intends to vote on raising production by an additional 137,000 … - [AUD/JPY Price Forecast: Crucial upside barrier emerges near 100.00](https://todaymarkets.ae/aud-jpy-price-forecast-crucial-upside-barrier-emerges-near-100-00/): The AUD/JPY cross slumps to around 99.55 during the early European session on Tuesday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) after US President Donald Trump and Japan’s Prime Minister Sanae Takaichi on Tuesday signed a framework for securing the supply of critical minerals and rare earths.  The Australian Consumer Price … - [USD/INR rises further despite US Dollar underperforms](https://todaymarkets.ae/usd-inr-rises-further-despite-us-dollar-underperforms/): The Indian Rupee (INR) extends its downside against the US Dollar (USD) at open on Tuesday. The USD/INR jumps to near 88.60 as the Indian Rupee underperforms due to a recovery move in the Oil price seen in the past week. On the New York Mercantile Exchange (NYMEX), West Texas Intermediate (WTI) Crude Oil holds onto weekly … - [US Dollar Index Tests lower ascending channel boundary around 98.50](https://todaymarkets.ae/us-dollar-index-tests-lower-ascending-channel-boundary-around-98-50/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second consecutive day and trading around 98.60 during the Asian hours on Tuesday. The technical analysis of the daily chart shows the dollar index testing the lower boundary of the ascending … - [GBP/JPY slides below 203.00 as JPY gains strong traction on intervention speculation](https://todaymarkets.ae/gbp-jpy-slides-below-203-00-as-jpy-gains-strong-traction-on-intervention-speculation/): The GBP/JPY cross attracts some selling during the Asian session on Tuesday and for now, seems to have snapped a three-day winning streak to the 204.25 region, or a nearly three-week high touched the previous day. Spot prices slide below the 203.00 mark in the last hour and seem vulnerable amid a goodish pickup in … - [GBP/USD gathers strength above 1.3350 on Fed rate cut hopes](https://todaymarkets.ae/gbp-usd-gathers-strength-above-1-3350-on-fed-rate-cut-hopes/): The GBP/USD pair gains ground to near 1.3365 during the early European session on Tuesday. The US Dollar (USD) weakens against the Pound Sterling (GBP) amid the expectation that the Federal Reserve (Fed) will cut interest rates in the monetary policy announcement on Wednesday. The recent softer-than-expected US Consumer Price Index (CPI) inflation data released on Friday has … - [EUR/USD extends winning streak as US Dollar falls further ahead of Fed’s monetary policy](https://todaymarkets.ae/eur-usd-extends-winning-streak-as-us-dollar-falls-further-ahead-of-feds-monetary-policy/): The EUR/USD extends its winning streak for the fifth trading day on Tuesday. The major currency pair posts a fresh weekly high near 1.1670 as the US Dollar (USD) underperforms its peers ahead of the monetary policy announcement by the Federal Reserve (Fed) on Wednesday. US Dollar Price Today The table below shows the percentage change of US Dollar … - [South Korean Won Slips Amid Diplomatic Caution](https://todaymarkets.ae/south-korean-won-slips-amid-diplomatic-caution/): The South Korean won fell to around 1,436 per dollar on Tuesday, reversing gains from the previous session as traders turned cautious before US President Donald Trump’s meetings with Asian leaders. In Tokyo, Trump and Japan’s Prime Minister Sanae Takaichi signed a framework deal to strengthen cooperation on rare-earth and critical-mineral supply chains, while markets … - [Palm Oil Slides for 3rd Session, Notches 4-Week Low](https://todaymarkets.ae/palm-oil-slides-for-3rd-session-notches-4-week-low/): Malaysian palm oil futures fell below MYR 4,350 per tonne on Tuesday, extending losses for the third straight session to hit a four-week low. The bearish momentum was driven by weaker Dalian and Chicago edible oil markets and a stronger ringgit. Meanwhile, export estimates softened, with October 1–25 shipments down between 0.3–0.4% month-on-month, according to … - [EU Passenger Car Registrations Rise 10% in September](https://todaymarkets.ae/eu-passenger-car-registrations-rise-10-in-september/): Passenger car registrations in the European Union increased by 10.0% year-on-year to 888,672 units in September 2025, following a 5.3% rise in August. This marked the third consecutive month of growth, driven mainly by the launch of new models. All four of the EU’s largest markets recorded gains: Spain (16.4%), Germany (12.8%), Italy (4.2%), and … - [Soybeans Rally to 4 Month High as Trade Tensions Ease](https://todaymarkets.ae/soybeans-rally-to-4-month-high-as-trade-tensions-ease/): Soybeans rallied for 22 to 25 ½ cent gains across most contracts on Monday following better trade news from the weekend. The cmdtyView national average Cash Bean price was 25 3/4 cents higher at $9.99 1/2. Soymeal futures were up $4.10 to $6.70, with Soy Oil futures 29 to 54 points higher.  This morning’s Export Inspections report showed a total of … - [Corn Holds Rally](https://todaymarkets.ae/corn-holds-rally/): Corn futures were 5 to 8 7 to 10 cents higher across most contracts to start the week. The CmdtyView national average Cash Corn price was up 5 1/2 cents to $3.88 ¼. Export Inspections data showed 1.187 MMT (46.75 mbu) of corn shipped in the week that ended on October 23, which was a drop of … - [Cattle Collapse Extends with Spec Longs Heading for the Exits](https://todaymarkets.ae/cattle-collapse-extends-with-spec-longs-heading-for-the-exits/): Both live cattle ($10.75) and feeder cattle ($13.75) used their expanded limits on Monday, as spec longs want out and the door is only so big. They will be expended again on Tuesday. Live cattle futures bounced off the limit into the close, but still settled with $4.97 to $9.82 losses across the board. Cash … - [Cotton Holds onto Gains Amid Cooling Trade Tensions](https://todaymarkets.ae/cotton-holds-onto-gains-amid-cooling-trade-tensions/): Cotton futures closed the Monday session coming down from the overnight highs, but still with 30 to 36 point gains at the final bell. Crude oil futures were up a nickel/barrel to $61.55, with the US dollar index down $0.021 to $98.750. US and Chinese negotiators had constructive discussions over the weekend in Malaysia, come out … - [Sugar Prices Plunge to Lowest Levels in More Than 4 Years](https://todaymarkets.ae/sugar-prices-plunge-to-lowest-levels-in-more-than-4-years/): March NY world sugar #11 (SBH26) on Monday closed down -0.51 (-3.41%), and December London ICE white sugar #5 (SWZ25) closed down -9.10 (-2.11%). Sugar prices on Monday extended last Friday’s sell-off, with NY sugar falling to a new 4.5-year low and London sugar falling to a new 4.25-year low.   Sugar prices have been … - [NY Coffee Prices Sell Off Sharply on Possible US-Brazil Trade Thaw](https://todaymarkets.ae/ny-coffee-prices-sell-off-sharply-on-possible-us-brazil-trade-thaw/): December arabica coffee (KCZ25) on Monday closed down -12.90 (-3.20%), and November ICE robusta coffee (RMX25) closed down -134 (-2.93%). Coffee prices on Monday extended the sharp declines seen late last week after arabica coffee last Thursday posted an 8.75-month nearest-futures high and robusta posted a 2-month high. Coffee prices fell on hopes for relief … - [Cocoa Prices Fall on Favorable West Africa Growing Conditions](https://todaymarkets.ae/cocoa-prices-fall-on-favorable-west-africa-growing-conditions/): December ICE NY cocoa (CCZ25) on Monday closed down -137 (-2.17%), and December ICE London cocoa #7 (CAZ25) closed down -146 (-3.23%). Cocoa prices closed sharply lower on Monday amid expectations of a global cocoa surplus driven by favorable West African weather and harvests.    Chocolate maker Mondelez recently said that the latest cocoa pod … - [NZD/USD climbs to three-week high, eyes 0.5800 amid trade optimism and softer USD](https://todaymarkets.ae/nzd-usd-climbs-to-three-week-high-eyes-0-5800-amid-trade-optimism-and-softer-usd/): The NZD/USD pair prolongs its recent recovery move from the 0.5685-0.5680 region, or the lowest level since April, touched last week, and climbs to a nearly three-week high during the Asian session on Tuesday. Spot prices currently trade around the 0.5780 zone, up over 0.20% for the day, and seem poised to appreciate further amid … - [EUR/JPY weakens to near 177.50 as US, Japan sign deal to secure rare earths supply](https://todaymarkets.ae/eur-jpy-weakens-to-near-177-50-as-us-japan-sign-deal-to-secure-rare-earths-supply/): The EUR/JPY cross loses ground to near 177.60, snapping the five-day winning streak during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) after US President Donald Trump and Japan’s Prime Minister Sanae Takaichi signed a framework for securing the supply of critical minerals and rare earths. The Bank of Japan … - [RBA Warns Market Optimism Risks Instability:Governor Bullock](https://todaymarkets.ae/rba-warns-market-optimism-risks-instabilitygovernor-bullock/): Reserve Bank of Australia Governor Michele Bullock cautioned that a sudden reversal in global market optimism could trigger financial instability and hasten interest rate cuts. Speaking at the Australian Business Economists annual event in Sydney on Monday, she said investors seemed overly complacent despite economic and geopolitical risks. “People are thinking: well, you know, could … - [Hong Kong Equities Snap 3-Day Advance](https://todaymarkets.ae/hong-kong-equities-snap-3-day-advance/): Shares in Hong Kong slipped 52 points, or 0.2%, to 26,386 in early trading on Tuesday, ending a three-day winning streak amid a pullback mainly in consumer stocks. Investor sentiment softened as mainland stocks pulled back from decade highs, ahead of official October PMI data due later this week. Questions also emerged over the durability … - [India Plans to Raise Foreign Investment Limit in State Banks to 49%](https://todaymarkets.ae/india-plans-to-raise-foreign-investment-limit-in-state-banks-to-49/): India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double the current limit, a person directly involved in the policy discussions told Reuters. The finance ministry has been consulting with the Reserve Bank of India (RBI), the country’s banking sector regulator, over the past few months, the … - [South Korean Shares Fall Ahead of Trump's Asia Meetings](https://todaymarkets.ae/south-korean-shares-fall-ahead-of-trumps-asia-meetings/): The benchmark KOSPI fell 1.0% to around 4,002 on Tuesday, retreating from a record high in the previous session, as investors turned cautious ahead of key diplomatic meetings by US President Donald Trump in Asia. Markets awaited the outcome of Trump’s talks with Japan’s Prime Minister Sanae Takaichi and China’s President Xi Jinping later in … - [China Stocks Slip as Trade Talks Eyed](https://todaymarkets.ae/china-stocks-slip-as-trade-talks-eyed/): The Shanghai Composite slipped 0.15% to around 3,990 while the Shenzhen Component edged down 0.1% to 13,476 on Tuesday, as mainland shares pulled back slightly from ten-year highs amid profit-taking ahead of the closely watched meeting between President Xi Jinping and US President Donald Trump. China and the US have agreed on a framework for … - [US 10-Year Yield Steadies Ahead of Fed Meeting](https://todaymarkets.ae/us-10-year-yield-steadies-ahead-of-fed-meeting/): The yield on the US 10-year Treasury note steadied around 3.98% on Tuesday after a volatile start to the week, as investors looked ahead to the Federal Reserve’s highly-anticipated policy meeting. The central bank is widely expected to cut interest rates by 25 basis points on Wednesday following cooler-than-expected September inflation released last week. Markets … - [Offshore Yuan Nears Six-Week High](https://todaymarkets.ae/offshore-yuan-nears-six-week-high/): The offshore yuan strengthened to around 7.10 per dollar on Tuesday, approaching its highest level in six weeks, supported by optimism over a potential US–China trade deal. Over the weekend, top economic officials from both countries finalized a framework for President Trump and Chinese leader Xi Jinping to decide on during their meeting in South … - [Japan 10-Year Yield Falls as BOJ Meeting Looms](https://todaymarkets.ae/japan-10-year-yield-falls-as-boj-meeting-looms/): Japan’s 10-year government bond yield fell to around 1.64% on Tuesday, nearing one-week lows as investors awaited the Bank of Japan’s policy meeting, where the central bank is widely expected to keep interest rates unchanged. However, policymakers are expected to discuss conditions for resuming rate hikes as tariff-related risks subside. Markets also focused on the … - [China 10-Year Yield Hits 8-Week Low](https://todaymarkets.ae/china-10-year-yield-hits-8-week-low/): China’s 10-year government bond yield dropped below 1.75% on Tuesday, reaching its lowest level since early September, after the People’s Bank of China prepared to resume sovereign bond trading after a months-long hiatus. The central bank had halted operations in January amid high demand for haven assets, which previously pushed yields to record lows, but … - [US Dollar Index softens below 99.00 as Fed poised to cut rates ](https://todaymarkets.ae/us-dollar-index-softens-below-99-00-as-fed-poised-to-cut-rates/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a softer note around 98.70 during the early Asian session on Tuesday. The DXY edges lower on the prospect of a US interest rate cut. The Federal Reserve (Fed) interest rate decision will take center stage on … - [Arabica Coffee Settles Higher as Brazil Coffee Exports Shrink](https://todaymarkets.ae/arabica-coffee-settles-higher-as-brazil-coffee-exports-shrink/): March arabica coffee (KCH26) on  Thursday closed up +3.90 (+1.05%), and January ICE robusta coffee (RMF26) closed down -15 (-0.26%). Coffee prices settled mixed on Thursday.  Arabica coffee has carryover support from Wednesday when exporter group Cecafe reported that Brazil’s Nov green coffee exports fell -27% y/y to 3.3 million bags.   Below-normal precipitation in … - [Shrinking Global Cocoa Surplus Boosts Prices](https://todaymarkets.ae/shrinking-global-cocoa-surplus-boosts-prices/): March ICE NY cocoa (CCH26) on Thursday closed up +67 (+1.08%), and March ICE London cocoa #7 (CAH26) closed up +5 (+0.11%). Cocoa prices extended their sharp two-week-long rally on Thursday to 5-week highs.  Cocoa prices have rallied sharply over the past two weeks amid a tightening global supply outlook.  On November 28, the International … - [Hong Kong Stocks Jump Even as Weekly Losses Loom](https://todaymarkets.ae/hong-kong-stocks-jump-even-as-weekly-losses-loom/): Shares in Hong Kong climbed 272 points, or 1.1%, to 25,806 in early Friday trade after a slight pullback in the prior session, lifted by broad sector gains. Sentiment improved after President Xi Jinping said at the Central Economic Work Conference that 2025 is “a truly extraordinary year” and major targets will be met. Policymakers … - [Dollar Set for Third Straight Weekly Decline](https://todaymarkets.ae/dollar-set-for-third-straight-weekly-decline/): The dollar index hovered near two-month lows around 98.3 on Friday and was on track for a third consecutive weekly drop. The decline came as the Federal Reserve cut interest rates as expected and delivered a less hawkish outlook than markets anticipated. Chair Jerome Powell indicated that further rate hikes are unlikely, with Fed projections … - [Gold Heads for Weekly Gain](https://todaymarkets.ae/gold-heads-for-weekly-gain/): Gold traded around $4,270 per ounce on Friday, holding near a seven-week high and heading for a weekly gain, supported by expectations of further US monetary easing. Fresh signs of labor market cooling reinforced views that the Federal Reserve may deliver two rate cuts in 2026. Jobless claims for the week of December 6 rose … - [South Korean Shares Advance on Global Rally](https://todaymarkets.ae/south-korean-shares-advance-on-global-rally/): The benchmark KOSPI rose 1.2% to around 4,160 on Friday, recovering losses from the previous session and moving closer to a one-month high, supported by firmer global risk appetite after Wall Street closed at fresh record highs. Confidence improved further as investors continued to assess the impact of the recent US Federal Reserve rate cut, … - [Yen Holds Gains as BOJ Outlook Mulkled](https://todaymarkets.ae/yen-holds-gains-as-boj-outlook-mulkled/): The Japanese yen held around 155.6 on Friday after two consecutive sessions of gains, supported by speculation that the Bank of Japan may raise interest rates next week and continue tightening into 2026. Earlier this week, Governor Kazuo Ueda noted that the central bank is getting closer to its inflation target, signaling the potential for … - [Korean Won Falls on Weaker FX Sentiment](https://todaymarkets.ae/korean-won-falls-on-weaker-fx-sentiment/): The South Korean won slipped to around 1,472 per dollar, approaching seven-month lows, as persistent capital outflows were driven by domestic investors increasing overseas equity holdings. The currency has fallen roughly 5% against the dollar this quarter, approaching a 16-year low, highlighting ongoing pressures on the FX market. Investor caution heightened as import prices rose … - [China Stocks Mixed After Key Policy Meeting](https://todaymarkets.ae/china-stocks-mixed-after-key-policy-meeting/): The Shanghai Composite fell 0.3% to around 3,860 while the Shenzhen Component gained 0.5% to 13,213 on Friday, with mainland stocks showing mixed performances as China’s annual economic planning meeting failed to boost market sentiment. Policymakers reaffirmed broad economic support for the year ahead, including proactive fiscal measures aimed at boosting consumption and investment, though … - [US 10-Year Yield Stabilizes](https://todaymarkets.ae/us-10-year-yield-stabilizes/): The yield on the US 10-year Treasury note stabilized around 4.16% on Friday after facing heightened volatility earlier in the week, as investors digested the latest Federal Reserve policy decision and outlook. On Wednesday, the Fed cut interest rates as expected and delivered a less hawkish outlook than markets anticipated. Chair Jerome Powell indicated that … - [Japan 10-Year Yield Edges Higher](https://todaymarkets.ae/japan-10-year-yield-edges-higher-2/): Japan’s 10-year government bond yield rose 2 basis points to 1.94% on Friday, supported by speculation that the Bank of Japan may raise interest rates next week and continue tightening into 2026. Earlier this week, Governor Kazuo Ueda indicated the central bank is nearing its inflation target, signaling a potential near-term rate hike. Investors will … - [Palm Oil Set to Post First Weekly Losses in Three](https://todaymarkets.ae/palm-oil-set-to-post-first-weekly-losses-in-three/): Malaysian palm oil futures fell to around MYR 4,050 per tonne on Friday after a muted prior session, heading for their first weekly drop in three with losses of about 2.6%. The decline tracked weakness in rival edible oils on the Dalian market, while a stronger ringgit further dampened sentiment by making exports less competitive. … - [Silver Holds Near Record Highs](https://todaymarkets.ae/silver-holds-near-record-highs-2/): Silver remained above $63 per ounce on Friday, hovering near all-time highs as the latest US Federal Reserve rate cut coincided with tightening physical market conditions. Earlier this week, the Fed delivered a quarter-point cut and signaled a less hawkish outlook than markets had anticipated. Chair Jerome Powell indicated further rate hikes are unlikely, with … - [Japan Industrial Output Growth Revised a Touch Higher](https://todaymarkets.ae/japan-industrial-output-growth-revised-a-touch-higher/): Japan’s industrial production rose 1.5% month-on-month in October 2025, slightly above the flash estimate of 1.4% but slower than the 2.6% increase in September. It marked the second consecutive monthly gain, supported by continued strength across key sectors. Motor vehicle production surged (6.7% vs 1.0% in September) as supply chain conditions improved and export demand … - [US Natural Gas Stocks Falls More than Expected](https://todaymarkets.ae/us-natural-gas-stocks-falls-more-than-expected-2/): US energy firms withdrew 177 billion cubic feet of natural gas from domestic storages for a total stock of 3,746 bcf during the week that ended December 5. It was the fourth week into the withdrawing season for US natural gas storages, consistent with the timing from the previous year, as colder weather increases demand … - [S&P and Nasdaq Fall, Oracle Sinks](https://todaymarkets.ae/sp-and-nasdaq-fall-oracle-sinks/): The S&P 500 fell 0.4% and the Nasdaq dropped 0.8% on Thursday, pressured by a broad sell-off in tech shares after weak results from Oracle, a company widely viewed as a bellwether for the AI investment boom. Oracle sank more than 14% after reporting softer-than-expected revenue, missing estimates on cloud sales, and issuing guidance that … - [TSX Poised to Set Record High](https://todaymarkets.ae/tsx-poised-to-set-record-high/): The S&P/TSX Composite Index rose about 0.2% to above the 31,500 mark for the first time on Thursday as mining equities offset broader caution amid renewed concerns over stretched technology valuations that outweighed a widely expected BoC rate hold and a Fed rate cut. Heavyweights Agnico Eagle, Barrick Mining, and Wheaton Precious set the pace … - [US Wholesale Inventory Growth Tops Forecasts](https://todaymarkets.ae/us-wholesale-inventory-growth-tops-forecasts/): US wholesale inventories rose by 0.5% to around $911.5 billion in September 2025, after a revised 0.1% decrease in August and better than market estimates of a 0.1% uptick. This marked the strongest increase in inventories since February. Non-durable goods inventories picked up 0.7%, following a 0.1% fall in the previous month, mainly on the … - [Oil Falls by 2% to 7-Week Low](https://todaymarkets.ae/oil-falls-by-2-to-7-week-low/): WTI crude oil futures fell 2% to $57.3 per barrel on Thursday, hovering near a seven-week low, as the market focused on expectations of a growing global glut driven by rising output from OPEC+ and producers across the Americas. The International Energy Agency softened the blow slightly by trimming its projection for a record surplus … - [Baltic Dry Index Extends Pullback](https://todaymarkets.ae/baltic-dry-index-extends-pullback/): The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, extended its slide into a sixth consecutive session on Thursday, dropping 5.6% to its lowest since November 21 at 2,294 points, amid low seasonal demand. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, also decreased … - [US Natural Gas Stocks Falls More than Expected](https://todaymarkets.ae/us-natural-gas-stocks-falls-more-than-expected/): US energy firms withdrew 177 billion cubic feet of natural gas from domestic storages for a total stock of 3,746 bcf during the week that ended December 5. It was the fourth week into the withdrawing season for US natural gas storages, consistent with the timing from the previous year, as colder weather increases demand … - [NATGAS Stays Put After Higher Than Expected EIA Inventory Draw](https://todaymarkets.ae/natgas-stays-put-after-higher-than-expected-eia-inventory-draw/): EIA NATURAL GAS CHANGE BCF ACTUAL -177B (FORECAST -166B, PREVIOUS -12B) A larger-than-expected decline in US gas inventories did not stop the significant wave of declines that dominated the instrument today. NATGAS is approaching the 50-day EMA zone, which has not been retested by the market since October 20.  The material on this page does … - [U.S. Jobless Claims Above Expectations](https://todaymarkets.ae/u-s-jobless-claims-above-expectations/): US Initial Jobless Claims: 236k (Forecast 220k, Previous 191k, Revised 192K) US Trade Balance Actual -52.8B (Forecast -63.1B, Previous -59.6B, Revised -59.3B) Jobless claims rose by the largest since the 2020 COVID-19 pandemic (44,000), but that reading followed the lowest level since 3 years in the last week. However, the average from those two reports … - [Trade of The Day - GOLD.XAU/USD](https://todaymarkets.ae/trade-of-the-day-gold-xau-usd-2/): Facts: Recommendation: Long position at market price Opinion: Gold continues to be in a structural, multi-year bull market, driven by exceptionally strong central-bank demand, a weak dollar, and expectations of Fed policy easing in 2026. Forecasts from major institutions point to further gains: RBC sees an average price of 4,600 USD in 2026 and 5,100 … - [DAX Slightly Down, European software sector is performing well](https://todaymarkets.ae/dax-slightly-down-european-software-sector-is-performing-well/): Market sentiment on the German equity market is moderately optimistic today, although the index has given back part of its recent gains. The benchmark remains above 24,000 points but is down a modest 0.2% on the day. Source: xStation5 Carl Zeiss Meditec under pressure Carl Zeiss Meditec (AFX.DE) posted solid Q4 2025 revenue growth of … - [Eli Lilly (LLY.US) Reports Upbeat Phase III Results as Obesity Drugs Sector Strenghtens](https://todaymarkets.ae/eli-lilly-lly-us-reports-upbeat-phase-iii-results-as-obesity-drugs-sector-strenghtens/): Eli Lilly (LLY.US) published the results of phase III trials of its experimental new-generation drug, retatrutide, which showed an impressive average weight loss of 23% (and in the highest dose group even close to 29%) over 68 weeks. These results exceeded the expectations of Wall Street analysts, who had predicted weight loss of 20-23%, which … - [Wall Street indices fall after Oracle’s quarterly report](https://todaymarkets.ae/wall-street-indices-fall-after-oracles-quarterly-report/): Gains following the Fed’s decision evaporated quickly as disappointing results from Oracle (ORCL.US) soured sentiment and hit technology stocks hard. Investors shifted their focus away from the prospect of further rate cuts and back toward tech-sector fundamentals, where concerns are resurfacing about stretched valuations, excessive spending on AI infrastructure, and slow returns on invested capital. AI-linked stocks came … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-11/): The Australian labor-market report for November came in weaker than expected. As a result, the FX market saw a significant selloff in the Australian dollar, which is currently down between 0.30–0.60% against other G10 currencies. Employment unexpectedly fell by 21.3K — the largest monthly decline in nine months. The stabilization of the unemployment rate at … - [BTC dips to $90,000 as Fed’s hawkish stance tempers risk appetite](https://todaymarkets.ae/btc-dips-to-90000-as-feds-hawkish-stance-tempers-risk-appetite/): Bitcoin (BTC) price edges down for the second consecutive day, trading below $91,000 at the time of writing on Thursday, driven by a broader market risk-averse sentiment following the US Federal Reserve’s (Fed) hawkish rate cut. Despite the current weakness, on-chain data suggests selling pressure is fading, hinting that the largest cryptocurrency by market capitalization … - [Swiss National Bank Holds Rate](https://todaymarkets.ae/swiss-national-bank-holds-rate/): 9:30 – Swiss National Bank (SNB) Rates decision:  SNB decided to maintain the current level of rates of 0%, which was in line with market expectations.  Additionally, bank has communicated that they are prepared to intervene in order to maintain the target exchange rate.  It was also shown that a inflation is projected to steadily … - [Gold sticks to intraday losses amid modest USD bounce; dovish Fed limits further decline](https://todaymarkets.ae/gold-sticks-to-intraday-losses-amid-modest-usd-bounce-dovish-fed-limits-further-decline/): Gold (XAU/USD) touches a fresh daily low during the early European session on Thursday, though it lacks follow-through and rebounds slightly from the $4,200 neighborhood. The US Dollar (USD) attracts some buyers and recovers a part of the previous day’s post-FOMC slump to its lowest level since October 24. This, in turn, fails to assist … - [Indian Rupee Hits Fresh Record Low](https://todaymarkets.ae/indian-rupee-hits-fresh-record-low/): The Indian rupee weakened past 90 per USD, hitting another fresh record low, pressured by corporate dollar outflows, which added to concerns over the absence of a US-India trade deal. The outflows were driven by Indian companies buying dollars for end-of-year international payments, alongside demand from foreign and local private lenders likely linked to merchant … - [Offshore Yuan Steady](https://todaymarkets.ae/offshore-yuan-steady-2/): The offshore yuan steadied around 7.06 per dollar, hovering near its strongest levels in more than a year, supported by broad weakness in the greenback. The US dollar remained under pressure after the Federal Reserve delivered a 25bps rate cut, with Chair Jerome Powell also signaling that a rate hike has been ruled out. Meanwhile, … - [US Futures Drop as Oracle Slumps](https://todaymarkets.ae/us-futures-drop-as-oracle-slumps/): US stock futures fell sharply on Thursday after Oracle’s disappointing earnings renewed concerns about the profitability of artificial intelligence investments. Dow futures dropped 0.5%, while S&P 500 and Nasdaq 100 futures declined 0.8% and 1.1%, respectively. Oracle plunged more than 11% in extended trading after missing revenue estimates, issuing soft guidance and projecting a $15 … - [Brent Crude Falls](https://todaymarkets.ae/brent-crude-falls/): Brent crude oil futures fell below $62 per barrel on Thursday, trimming gains from the previous session, following reports that President Trump’s Ukraine peace plan proposal includes restoring Russian energy to Europe. This eased supply concerns that had emerged after the US intercepted a sanctioned tanker near Venezuela, which prompted a pullback in shipments and … - [Platinum Steadies After Fed Decision](https://todaymarkets.ae/platinum-steadies-after-fed-decision/): Platinum steadied above $1,670 per ounce, trading sideways so far this month as the US Federal Reserve delivered a widely expected quarter-point rate cut and signaled a less hawkish policy path ahead. Chair Jerome Powell indicated that further hikes are unlikely and reaffirmed confidence in US economic momentum, though the Fed projected only one rate … - [Economic Calendar - Trade Balance And Jobless Claoms in Focus](https://todaymarkets.ae/economic-calendar-trade-balance-and-jobless-claoms-in-focus/): Today’s economic calendar is relatively light, allowing investors to cool off after yesterday’s Fed decision and Oracle’s earnings report released after the cash-session close. The key publications of the day will be the delayed U.S. trade balance report for September and the weekly jobless-claims data. In addition, we will also get interest-rate decisions from Switzerland … - [The Fed Vs. Ai - Gold trades like stocks once more](https://todaymarkets.ae/the-fed-vs-ai-gold-trades-like-stocks-once-more/): The Fed spread good cheer for stock markets on Wednesday and cut interest rates by 25bps. It didn’t stop there; it has also restarted the printing presses and has said that it will buy $40bn of Treasury Bills in the next 30 days for the purpose of maintaining ample reserves over time. A rate cut … - [New Zealand Dollar Hovers Near 2-Month High](https://todaymarkets.ae/new-zealand-dollar-hovers-near-2-month-high/): The New Zealand dollar slipped to $0.579 but stayed close to a two-month high, amid expectations that the Reserve Bank of New Zealand’s easing cycle may be over. While the central bank cut its cash rate by 25bps last month, its updated projections suggested limited scope for further easing, implying only about a 20% probability … - [US 10-Year Yield Extends Fall on Dovish Fed View](https://todaymarkets.ae/us-10-year-yield-extends-fall-on-dovish-fed-view/): The US 10-year Treasury yield fell to around 4.12%, marking a second consecutive session of declines after the Federal Reserve delivered its third quarter-point rate cut this year, in line with expectations. The Fed also signaled a less hawkish stance than markets anticipated, with Chair Jerome Powell suggesting a rate hike is off the table, … - [Japan 10-Year Yield Tracks US Yields Lower](https://todaymarkets.ae/japan-10-year-yield-tracks-us-yields-lower/): Japan’s 10-year government bond yield fell to around 1.92% on Thursday, retreating from 18-year highs as it tracked declines in US Treasury yields after the Federal Reserve delivered its third rate cut of the year and signaled a less hawkish outlook than markets anticipated. Investors are also looking ahead to next week’s Bank of Japan … - [Palm Oil Recovers](https://todaymarkets.ae/palm-oil-recovers/): Malaysian palm oil futures rose around 1% to above MYR 4,100 per tonne on Thursday, rebounding from the prior session’s weakness amid gains in edible oils on the Dalian exchange. In the meantime, monthly data from the Malaysian Palm Oil Board showed November production shrank 5.3% to 1.94 million tonnes, supporting prices, while expectations of … - [Nat-Gas Prices Rebound on the Outlook for a Large Storage Withdrawal](https://todaymarkets.ae/nat-gas-prices-rebound-on-the-outlook-for-a-large-storage-withdrawal/): January Nymex natural gas (NGF26) on Wednesday closed up by +0.021 (+0.46%). Jan nat-gas prices recovered from a 2-week low on Wednesday and settled higher.  Short covering emerged in nat-gas futures on Wednesday amid expectations of a significant drawdown in weekly US nat-gas storage.  The consensus is that Thursday’s weekly EIA nat-gas inventories will fall … - [Cotton with Midweek Gains](https://todaymarkets.ae/cotton-with-midweek-gains/): Cotton futures closed the Wednesday session with contracts up 25 to 30 points in the front months. Crude oil futures were up 71 cents per barrel at the close at $58.96, with the US dollar index $0.578 lower to $98.620. Commitment of Traders data for the week ending on November 10 showed managed money cutting … - [Arabica Coffee Finds Support on Reduced Brazil Coffee Exports](https://todaymarkets.ae/arabica-coffee-finds-support-on-reduced-brazil-coffee-exports/): March arabica coffee (KCH26) on Wednesday closed up +3.55 (+0.96%), and January ICE robusta coffee (RMF26) closed down -7 (-0.17%). Coffee prices on Wednesday settled mixed.  Arabica coffee found support on Wednesday on reduced coffee exports from Brazil.  Exporter group Cecafe reported that Brazil’s Nov green coffee exports fell -27% y/y to 3.3 million bags. … - [Cocoa Prices Finish Sharply Higher as the Global Supply Outlook Tightens](https://todaymarkets.ae/cocoa-prices-finish-sharply-higher-as-the-global-supply-outlook-tightens/): March ICE NY cocoa (CCH26) on Wednesday closed up +339 (+5.76%), and March ICE London cocoa #7 (CAH26) closed up +239 (+5.62%). Cocoa prices soared on Wednesday, hitting 1-month highs.  Cocoa prices have rallied sharply over the past two weeks amid a tightening global supply outlook.  On November 28, the International Cocoa Organization (ICCO) cut … - [Dollar Weakness Pushes Sugar Prices Higher](https://todaymarkets.ae/dollar-weakness-pushes-sugar-prices-higher/): March NY world sugar #11 (SBH26) on Wednesday closed up +0.24 (+1.64%), and March London ICE white sugar #5 (SWH26) closed up +7.30 (+1.74%). Sugar prices settled higher on Wednesday as dollar weakness (DXY00) sparked some short-covering in sugar futures.   Sugar prices have retreated over the past week, falling to 3-week lows on Tuesday … - [Wheat Falls Lower ](https://todaymarkets.ae/wheat-falls-lower/): Wheat posted Wednesday weakness, as futures saw a delayed response to USDA’s added world production from Tuesday. Chicago SRW futures poste losses of a nickel in the front months on the midweek session. KC HRW futures saw losses of 3 to 4 cents on Wednesday. MPLS spring wheat as steady to a penny lower. The … - [Soybeans Post Gains, as NASS Confirms Record October Crush](https://todaymarkets.ae/soybeans-post-gains-as-nass-confirms-record-october-crush/): Soybeans were 1 to 4 cents higher across most contracts on Wednesday.  The cmdtyView national average Cash Bean price was 4 1/4 cents lower at $10.21 3/4. Soymeal futures ere steady to $3.10 in the red, with Soy Oil futures 7 to 11 points higher.  USDA reported private export sales of 136,000 MT of soybeans to China and 119,000 MT to … - [Corn Pulls Back](https://todaymarkets.ae/corn-pulls-back/): Corn futures gave back some of the Tuesday gains, with contracts own 3 to 4 cents on Wednesday, as soon to expire December was down 6 cents.  The CmdtyView national average Cash Corn price was down 3 1/2 cents at $3.99.  EIA data showed a total of 1.105 million barrels per day of ethanol production in the … - [Oil Rises on US Seizure of Venezuelan Tanker](https://todaymarkets.ae/oil-rises-on-us-seizure-of-venezuelan-tanker/): WTI crude oil futures rose toward $59 per barrel on Thursday, extending gains from the previous session, after the US intercepted a sanctioned tanker near Venezuela. The move prompted a pullback in shipments from the South American producer and heightened fears of escalating tensions. Adding to the risk premium, Ukraine struck a shadow-fleet tanker tied … - [Hong Kong Market Builds on Previous Gains](https://todaymarkets.ae/hong-kong-market-builds-on-previous-gains/): Hong Kong stocks rose 201 points, or 0.8%, to 25,733 in Thursday’s morning session, marking advances for a second day after a strong Wall Street session overnight. Sentiment improved as the Fed cut interest rates as expected, with traders still hopeful for further easing ahead, even though policymakers signaled a likely pause for now. Locally, … - [Dollar Languishes on Dovish Fed Outlook](https://todaymarkets.ae/dollar-languishes-on-dovish-fed-outlook/): The dollar index slipped to around 98.5 on Thursday, its lowest in over seven weeks after the Federal Reserve delivered its third quarter-point rate cut this year, in line with expectations. The Fed also signaled a less hawkish outlook than markets had anticipated and Chair Jerome Powell suggested a rate hike is off the table, … - [Australian Dollar Eases from 3-Month High](https://todaymarkets.ae/australian-dollar-eases-from-3-month-high/): The Australian dollar weakened around $0.664 on Thursday, easing from a three-month high, as investors weighed the latest labor market figures for clues on the Reserve Bank’s policy direction. The economy unexpectedly lost 21,300 jobs in November, the most in nine months, driven entirely by full-time positions, while fewer people entered the workforce, keeping the … - [PBoC Pulls Liquidity, MoF to Renew CNY 750 Billion Special Bonds](https://todaymarkets.ae/pboc-pulls-liquidity-mof-to-renew-cny-750-billion-special-bonds/): The People’s Bank of China conducted a CNY 118.6 billion seven-day reverse repo operation on Wednesday, December 11, keeping the interest rate unchanged at 1.4%. With CNY 180.8 billion in reverse repos maturing the same day, the operation resulted in a net liquidity withdrawal of CNY 62.2 billion. Meanwhile, the Ministry of Finance announced it … - [Yen Gains on Dollar Weakness](https://todaymarkets.ae/yen-gains-on-dollar-weakness/): The Japanese yen strengthened toward 155.5 per dollar on Thursday, extending gains from the previous session as the dollar weakened sharply after the US Federal Reserve delivered its third rate cut of the year and signaled a less hawkish outlook than markets anticipated. Investors are also eyeing next week’s Bank of Japan policy meeting, where … - [South Korean Won Strengthens on FX Measures, Trade Gains](https://todaymarkets.ae/south-korean-won-strengthens-on-fx-measures-trade-gains/): The South Korean won appreciated to around 1,466 per dollar on Thursday, gaining traction after stabilizing for two consecutive sessions as government efforts to ease concerns over capital outflows continued to support the currency. After the Ministry of Trade, Industry, and Resources unveiled a modular trade agreement framework, focus returned to the FX market, with … - [South Korean Shares Rise on Fed Rate Cut](https://todaymarkets.ae/south-korean-shares-rise-on-fed-rate-cut/): The benchmark KOSPI rose 0.4% to around 4,150 on Thursday, recovering losses from the previous session as sentiment improved following the US Federal Reserve’s rate cut. The Fed lowered rates by 25 bps and signaled it may pause additional cuts for now, easing pressure on yields and lifting demand for growth-oriented equities. The more supportive … - [China Stocks Struggle as Policy Cues Eyed](https://todaymarkets.ae/china-stocks-struggle-as-policy-cues-eyed/): The Shanghai Composite fell 0.3% to below 3,890, while the Shenzhen Component edged up 0.05% to 13,323 on Thursday, with mainland stocks showing mixed performances as investors awaited fresh policy guidance from Beijing. Markets are focused on the Central Economic Work Conference, where growth targets and policy plans for 2026 will be outlined. On Monday … - [Japanese Shares Fall as SoftBank Tumbles](https://todaymarkets.ae/japanese-shares-fall-as-softbank-tumbles/): The Nikkei 225 fell 0.6% toward 50,300, while the Topix declined 0.5% to 3,372 on Thursday, reversing earlier gains as SoftBank Group tracked sharp losses in Oracle. Japanese investing giant SoftBank dropped nearly 7% after US tech firm Oracle plunged over 11% in after-hours trading on a revenue miss and weak profit guidance. The two … - [AUS 10Y Yield Eases After Mixed Jobs Report](https://todaymarkets.ae/aus-10y-yield-eases-after-mixed-jobs-report/): Australia’s government bond yield fell to 4.71%, retreating from an over two-year high as investors reassessed the outlook for monetary policy following a mixed jobs report. Employment declined by 23,100 in November, following a 41,000 increase in October and undershooting expectations for a 20,000 gain. This points to a cooling labor market, which reduces pressure … - [German Markets Retreat Ahead of The Fed](https://todaymarkets.ae/german-markets-retreat-ahead-of-the-fed/): European indices are recording slight declines during the first phase of Wednesday’s session – the EU50 is down 0.1%, the DE40 is down 0.33% and the FRA40 is down 0.17%. The limited volatility is currently mainly due to expectations regarding the Fed’s decision on interest rates and the publication of new economic forecasts/dot plot. Source: … - [Nvidia - A New Era in Chips With More Security](https://todaymarkets.ae/nvidia-a-new-era-in-chips-with-more-security/): Nvidia is introducing a breakthrough feature in its Blackwell chips, a location verification system that allows the company to determine in which country its processors are operating and helps prevent illegal exports to restricted nations. The feature is available as an optional software update and uses GPU telemetry and confidential computing mechanisms, enabling data center … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/13085-2/): Today, the EUR/USD is trading near 1.164, moving within a relatively narrow range. Markets are holding back on larger positions ahead of the Fed’s evening meeting. Slight pressure on the dollar, driven by expectations of possible rate cuts in the U.S., along with stable macro data from the Eurozone, provides moderate support for the euro. Nevertheless, … - [Trade of The Day - Copper](https://todaymarkets.ae/13083-2/): Facts: Trade: Short position on COPPER at market price. COPPER (D1) Source: xStation5 Opinion: Current copper valuations have accounted for most of the demand-driven, long-term trends in the commodity and copper markets. These include, among others, the expansion of data center infrastructure, increased demand from the renewable energy and electric vehicle sectors, and structural shortages/underinvestment … - [Amazon.com Inc. Increases It's Investment in India](https://todaymarkets.ae/amazon-com-inc-increases-its-investment-in-india/): Amazon.com Inc. announced that it plans to invest over USD 35 billion in India by 2030, focusing on artificial intelligence, export growth, and creating new jobs. This investment builds on previous spending of around USD 40 billion and includes the development of both physical and digital infrastructure. The company expects to create approximately 1 million jobs, including direct, … - [Fed preview: What comes after the cut?](https://todaymarkets.ae/fed-preview-what-comes-after-the-cut/): The Federal Reserve is scheduled to announce a 25bp rate cut this evening at 1900 GMT, thirty minutes later, Jerome Powell will deliver his press conference. While there is a 90% chance of a rate cut at this meeting, the outlook is less clear. In the lead up to this meeting, bond traders are scaling … - [EUR/USD holds steady below 1.1650, all eyes on Fed rate decision](https://todaymarkets.ae/eur-usd-holds-steady-below-1-1650-all-eyes-on-fed-rate-decision/): The EUR/USD pair trades flat around 1.1625 during the early European session on Wednesday. Markets turn cautious ahead of the US Federal Reserve (Fed) interest rate decision later on Wednesday, in which a 25 basis points (bps) rate cut is almost fully priced in. The Fed is expected to deliver a further interest rate cut at its December … - [Gold consolidates above $4,200 as traders seem reluctant ahead of FOMC rate decision](https://todaymarkets.ae/gold-consolidates-above-4200-as-traders-seem-reluctant-ahead-of-fomc-rate-decision/): Gold (XAU/USD) struggles to capitalize on the previous day’s bounce from the $4,170 area, or a one-week low, and oscillates in a range near the weekly top, touched during the Asian session on Wednesday. Traders now seem reluctant to place aggressive directional bets and opt to wait for the outcome of a two-day FOMC policy … - [GBP/USD holds positive ground above 1.3300, eyes on Fed rate decision](https://todaymarkets.ae/gbp-usd-holds-positive-ground-above-1-3300-eyes-on-fed-rate-decision/): The GBP/USD pair trades on a firmer note around 1.3305 during the early European session on Wednesday. The Greenback edges lower against the Pound Sterling (GBP) as the US Federal Reserve (Fed) is widely expected to announce another interest rate cut on Wednesday. The UK monthly Gross Domestic Product (GDP) report will be published later on Friday.  Markets have priced … - [USD/CHF flattens around 0.8050 as investors await Fed’s policy outcome](https://todaymarkets.ae/usd-chf-flattens-around-0-8050-as-investors-await-feds-policy-outcome/): The USD/CHF pair trades flat around 0.8060 during the late Asian trading session on Wednesday. The Swiss Franc pair consolidates as investors await the monetary policy announcement by the Federal Reserve (Fed), which is scheduled at 19:00 GMT. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades flat … - [New Zealand Stocks Fall to 3-Week Low](https://todaymarkets.ae/new-zealand-stocks-fall-to-3-week-low/): New Zealand’s benchmark S&P/NZX 50 index fell 0.6% to close at 13,371 on Wednesday, extending losses from the previous session to its lowest level in three weeks. Caution prevailed ahead of the US Federal Reserve’s rate decision later in the day, with analysts expecting the central bank would move forward with a “hawkish cut.” Meanwhile, … - [Palm Oil Slides After Monthly Data](https://todaymarkets.ae/palm-oil-slides-after-monthly-data/): Malaysian palm oil futures traded lower on Wednesday, hovering below MYR 4,100 per tonne after a modest gain in the prior session. Pressure grew after monthly data from the Malaysian Palm Oil Board (MPOB) showed end-November stocks jumped 13.0% from October to 2.84 million tonnes, the highest level in 6-1/2 years and above Reuters’ forecast … - [Dutch Manufacturing Output Rebounds in October](https://todaymarkets.ae/dutch-manufacturing-output-rebounds-in-october/): Manufacturing production in the Netherlands rose 0.2% month-over-month in October 2025, rebounding from a revised 0.3% fall in September. Output increased for leather and shoes (3.2% vs -0.9% in September), paper (6.7% vs -5.7%), graphics (-2.8% vs 2.8%), petroleum (17.4% vs -14.1%), rubber and plastics (1% vs -0.8%), and basic metals (2.4% vs -0.4%). Production … - [Crude Prices Decline on Global Oil Glut Fears](https://todaymarkets.ae/crude-prices-decline-on-global-oil-glut-fears/): January WTI crude oil (CLF26) on Tuesday closed down -0.63 (-1.07%), and January RBOB gasoline (RBF26) closed down -0.0084 (-0.47%). Crude oil and gasoline prices added to Monday’s losses on Tuesday, with crude posting a 1.5-week low and gasoline posting a 2-week low.  Tuesday’s stronger dollar is bearish for energy prices.  Crude prices are also … - [Natural Gas May Have Just Printed a Blow-Off Top — And a Textbook Shooting Star Reversal](https://todaymarkets.ae/natural-gas-may-have-just-printed-a-blow-off-top-and-a-textbook-shooting-star-reversal/): Dual Edge Research publishes two powerful newsletters that work great individually — and even better together. The Bull Strangle Newsletter focuses on stocks and options, combining stock ownership with premium-selling strategies to generate consistent income and market-beating returns. The Smart Spreads Newsletter specializes in seasonal commodity futures spreads, offering a diversified approach with low correlation to equities. Together, they deliver … - [Live cattle futures down 50 cents in nearby December](https://todaymarkets.ae/live-cattle-futures-down-50-cents-in-nearby-december/): Live cattle futures are down 50 cents in nearby December, with other contracts 20 to 30 cents higher.  There were 15 new deliveries on Tuesday for West Point, NE, with another 15 retendered in Kearney, NE. Cash trade has been quiet thus far this week. Last week was $220-225 in the north, with southern action at … - [Wheat Mixed Despite Another Increase to World Production](https://todaymarkets.ae/wheat-mixed-despite-another-increase-to-world-production/): The wheat complex was mixed across the three exchanges on Tuesday, with spring wheat holding higher. Chicago SRW futures were fractionally mixed on the day. KC HRW futures also saw fractionally mixed action at the close. MPLS spring wheat was 5 cents higher in the March contract. USDA published their monthly WASDE report this morning, … - [Soybeans Faces Pressure with Minimal USDA Updates](https://todaymarkets.ae/soybeans-faces-pressure-with-minimal-usda-updates/): Soybeans posted Tuesday losses of 6 to 8 cents in the nearbys, as contracts pulled off lows into the close. The cmdtyView national average Cash Bean price was 4 3/4 cents lower at $10.18 1/4. Soymeal futures were 60 cents to $5.40 in the red, with Soy Oil futures 15 to 19 points lower.  WASDE data was updated this morning, but … - [Corn Pops Higher as USDA Cuts Ending Stocks](https://todaymarkets.ae/corn-pops-higher-as-usda-cuts-ending-stocks/): Corn futures posted gains of 4 to 5 cents across most contracts on Tuesday, following a bullish USDA report. The CmdtyView national average Cash Corn price was up 4 1/2 cents at $4.03 1/2.  The monthly WASDE was out this morning, showing a 125 mbu cut to US ending stocks, now at 2.029 billion bushels. That was … - [Sugar Prices Fall as the Brazilian Real Weakens](https://todaymarkets.ae/sugar-prices-fall-as-the-brazilian-real-weakens/): March NY world sugar #11 (SBH26) on Tuesday closed down -0.15 (-1.01%), and March London ICE white sugar #5 (SWH26) closed down -3.80 (-0.90%). Sugar prices tumbled to 3-week lows on Tuesday.  Weakness in the Brazilian real is weighing on sugar prices as the real (^USDBRL) fell to a 1.75-month low against the dollar on … - [Coffee Prices Supported by Below-Normal Precipitation in Brazil](https://todaymarkets.ae/coffee-prices-supported-by-below-normal-precipitation-in-brazil/): March arabica coffee (KCH26) today is up +5.80 (+1.58%), and January ICE robusta coffee (RMF26) is up +44 (+1.04%). Coffee prices are moving higher today as they recover some of Monday’s sharp losses.  Below-normal precipitation in Brazil is supportive of coffee prices.  Somar Meteorologia reported Monday that Brazil’s largest arabica coffee-growing area, Minas Gerais, received … - [Cocoa Sharply Higher on Reduced Global Surplus and Commodity Index Inclusion](https://todaymarkets.ae/cocoa-sharply-higher-on-reduced-global-surplus-and-commodity-index-inclusion/): March ICE NY cocoa (CCH26) on Tuesday closed up +181 (+3.17%), and March ICE London cocoa #7 (CAH26) closed up +133 (+3.23%). Cocoa prices extended their two-week-long rally on Tuesday to 3.5-week highs.  The outlook for a smaller-than-expected global cocoa surplus has underpinned prices.  On November 28, the International Cocoa Organization (ICCO) cut its global … - [China Food Prices Rise for First Time in 10 Months](https://todaymarkets.ae/china-food-prices-rise-for-first-time-in-10-months/): China’s food prices rose 0.2% year-on-year in November 2025, reversing a 2.9% drop in the previous month and marking the first increase since January. The rebound was primarily driven by increases in the prices of fresh vegetables (14.5% vs -7.3% in October) and fresh fruit (0.7% vs -2.0%), likely reflecting seasonal demand and tighter supply … - [Dollar Holds Steady Ahead of Fed Decision](https://todaymarkets.ae/dollar-holds-steady-ahead-of-fed-decision/): The dollar index held steady around 99.2 on Wednesday after a two-day advance, as investors braced for the latest Federal Reserve policy decision, where it is widely expected to deliver its third 25 basis point rate cut this year. However, policymakers remain divided, with some pushing for further easing to support a cooling market while … - [Australian Dollar Nears 3-Month High](https://todaymarkets.ae/australian-dollar-nears-3-month-high/): The Australian dollar traded around $0.664, hovering close to its highest level in nearly three months, supported by the Reserve Bank’s hawkish monetary policy outlook. The central bank held cash rates steady as widely expected at its December meeting, while Governor Michele Bullock took markets by surprise with a sharply hawkish shift on rates by … - [Yen Weakens Despite Hawkish BOJ Signals](https://todaymarkets.ae/yen-weakens-despite-hawkish-boj-signals/): The Japanese yen traded near 157 per dollar on Wednesday after a sharp three-day decline, even as Bank of Japan Governor Kazuo Ueda said the central bank is getting closer to attaining its inflation target, hinting at a potential near-term rate hike. Markets are pricing in a possible BOJ rate increase next week, with attention … - [South Korean Shares Fall Ahead of Fed Decision](https://todaymarkets.ae/south-korean-shares-fall-ahead-of-fed-decision/): The benchmark KOSPI fell 0.1% to around 4,139 on Wednesday, extending losses from the previous session, as investors positioned cautiously ahead of the Fed’s policy decision later today. Traders continue to price in the possibility of a rate cut alongside lingering inflation concerns, keeping global risk sentiment subdued and prompting defensive positioning across major sectors. … - [China Stocks Fall for Second Session](https://todaymarkets.ae/china-stocks-fall-for-second-session-3/): The Shanghai Composite fell 0.7% to around 3,880, while the Shenzhen Component dropped 0.6% to 13,200 on Wednesday, marking a second consecutive session of losses as rising consumer inflation reduced expectations for new policy support. Consumer prices in China rose 0.7% year-on-year in November, the highest in nearly two years, while producer price deflation deepened. … - [Hong Kong Equities Slip for 3rd Session](https://todaymarkets.ae/hong-kong-equities-slip-for-3rd-session/): Hong Kong shares fell 137 points or 0.5% to 25,295 in early trade on Wednesday, extending losses for a third session and hitting a two-week low amid broad-based declines. Weak cues from Wall Street weighed on sentiment after the S&P 500 and Dow Jones pulled back overnight, as traders expect a 25bps Fed rate cut … - [Japan Manufacturers’ Mood Weakens in December](https://todaymarkets.ae/japan-manufacturers-mood-weakens-in-december/): The Reuters Tankan index for Japanese manufacturers fell to +10 in December 2025 from a near four-year high of +17 in November, as fiscal and growth concerns weighed on sentiment. Revised data showed that the economy contracted more than initially estimated in the third quarter. Prime Minister Sanae Takaichi’s large spending plans added to worries … - [Offshore Yuan Holds Gains](https://todaymarkets.ae/offshore-yuan-holds-gains/): The offshore yuan held its gain around 7.06 per dollar on Wednesday, as elevated consumer inflation tempered expectations of further monetary policy support. China’s consumer prices increased 0.7% year-on-year in November 2025, marking the highest reading since February 2024. Earlier this week, the Politburo pledged to expand domestic demand and support the broader economy in … - [Japanese Shares Slip on Hawkish BOJ Signals](https://todaymarkets.ae/japanese-shares-slip-on-hawkish-boj-signals/): The Nikkei 225 Index fell 0.3% to below 50,500, while the broader Topix Index lost 0.1% to 3,380 on Wednesday, ending a two-day advance as hawkish signals from the Bank of Japan weighed on domestic equities. BOJ Governor Kazuo Ueda indicated that the central bank is getting close to its inflation target, suggesting a potential … - [Japan 10-Year Yield Hovers Near 18-Year High](https://todaymarkets.ae/japan-10-year-yield-hovers-near-18-year-high/): Japan’s 10-year government bond yield traded around 1.96%, close to its highest level since 2007, after Bank of Japan Governor Kazuo Ueda signaled that the central bank is nearing its inflation target, hinting at a potential near-term rate hike. Markets are pricing in a possible BOJ rate increase next week, with attention on Ueda’s post-meeting … - [China 10Y Yield Falls After Inflation Data](https://todaymarkets.ae/china-10y-yield-falls-after-inflation-data/): China’s 10-year government bond yield fell to a one-week low of around 1.84% as investors reacted to the latest inflation data, which added complexity to the monetary policy outlook. Consumer prices rose 0.7% year-on-year in November 2025, the highest level since February 2024. The Politburo recently pledged to boost domestic demand and support the wider … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-10/): The RBA kept interest rates at 3.6% as expected, but the key change lies in a dramatic shift in rhetoric towards possible hikes in 2026. Governor Michele Bullock stated outright that further cuts are not on the horizon, and the scenario assumes either a long pause or a transition to a cycle of increases. Australia … - [Iron Ore Extends Fall on Rising Supply](https://todaymarkets.ae/iron-ore-extends-fall-on-rising-supply/): Iron ore futures fell toward CNY 750 per ton, touching a five-month low as the massive Simandou project in Guinea shipped its first ore, raising expectations of increased global supply at a time when demand in top consumer China is weakening. The project is expected to produce 120 million tons of iron ore annually, chipping … - [Australian Shares Fall After RBA Decision](https://todaymarkets.ae/australian-shares-fall-after-rba-decision/): The S&P/ASX 200 fell 0.5% to close at 8,586 on Tuesday, extending losses from the previous session as market sentiment remained subdued following the Reserve Bank of Australia’s latest policy decision. At its final meeting of the year, the RBA left the cash rate unchanged at 3.60% for a third consecutive meeting, prolonging the pause … - [USD/CAD trades with negative bias around mid-1.3800s; Trump’s tariff threat limit losses](https://todaymarkets.ae/usd-cad-trades-with-negative-bias-around-mid-1-3800s-trumps-tariff-threat-limit-losses/): The USD/CAD pair struggles to capitalize on the previous day’s goodish recovery from the 1.3800 mark, or its lowest level since September 22, and edges lower during the Asian session on Tuesday. Spot prices currently trade around the 1.3845-1.3850 region, though traders seem reluctant to place aggressive directional bets amid mixed fundamental cues. The upbeat Canadian employment … - [EUR/JPY Price Forecast: Holds above 181.50, positive view remains intact](https://todaymarkets.ae/eur-jpy-price-forecast-holds-above-181-50-positive-view-remains-intact/): The EUR/JPY cross trades on a firmer note around 181.60 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Euro (EUR) after a massive 7.6-magnitude earthquake shook northeastern Japan late on Monday, which briefly raised concerns about economic disruptions. Furthermore, weaker-than-expected Japan Gross Domestic Product (GDP) data for the third quarter might … - [Saudi Non-Oil Private Sector Growth Hits 11-Year High](https://todaymarkets.ae/saudi-non-oil-private-sector-growth-hits-11-year-high/): Riyad Bank Saudi Arabia’s PMI rose sharply to 60.2 in October 2025 from 57.8 in September, signaling one of the strongest improvements in non-oil private sector conditions since 2014. The acceleration was driven by robust gains in new business, output, and employment, as nearly half of surveyed firms reported higher sales amid rising domestic demand … - [US 10-Year Yield Holds at 3-Week High](https://todaymarkets.ae/us-10-year-yield-holds-at-3-week-high/): The yield on the US 10-year Treasury note held at three-week highs around 4.1% on Tuesday as Federal Reserve officials signaled a cautious approach to further interest rate cuts. Fed Governor Lisa Cook acknowledged increasing labor market risks but stopped short of supporting a December cut, while Chicago Fed President Austan Goolsbee said inflation remains … - [AUS 10Y Yield Hits 4-Week High After RBA Hold](https://todaymarkets.ae/aus-10y-yield-hits-4-week-high-after-rba-hold/): Australia’s 10-year bond yield rose to around 4.35%, reaching its highest level since October 10th, after the RBA held rates steady as expected and cautioned that inflationary pressures remain elevated. The decision was made unanimously by policymakers, who noted that the hotter-than-expected inflation report last week suggests slightly stronger underlying inflation risks than previously thought. … - [New Zealand Shares Closes at Record High](https://todaymarkets.ae/new-zealand-shares-closes-at-record-high/): The S&P/NZX 50 Index rose 0.4% to around 13,606 on Tuesday, advancing for the eighth consecutive session to close at an all-time high, driven by strength across most key stocks. Leading the gains were utilities, including Meridian Energy (+1.5%), Contact Energy (+1%), and Mercury NZ (+1.2%). Other notable performers included Fletcher Building (+1.8%), Ventia Services … - [Australian Dollar pares losses following cautious RBA's Bullock](https://todaymarkets.ae/australian-dollar-pares-losses-following-cautious-rbas-bullock/): Australian Dollar (AUD) recovers its daily losses against the US Dollar (USD) on Tuesday, following the cautious remarks from the Reserve Bank of Australia (RBA) Governor Michele Bullock. Bullock spoke at the post-meeting press conference, highlighting the need for less policy easing in this meeting. The Reserve Bank of Australia (RBA) decided to maintain the … - [EUR/JPY depreciates toward 177.00 due to possible BoJ rate hikes](https://todaymarkets.ae/eur-jpy-depreciates-toward-177-00-due-to-possible-boj-rate-hikes/): EUR/JPY continues its losses, trading around 177.20 during the Asian hours on Tuesday. The currency cross struggles as the Japanese Yen (JPY) receives support from last week’s hawkish comments from the Bank of Japan (BoJ) Governor Kazuo Ueda, signaling the possibility of a rate hike in December or January next year. However, the uncertainty prevails about … - [](https://todaymarkets.ae/11341-2/): Facts: Recommendation: Short position on OIL.WTI at market price Opinion: OPEC+’s decision to only moderately increase production in December and its announcement to suspend increases in the first quarter of 2026 do not change the structural risks of oversupply, which clearly determine the sentiment on the commodity market. The International Energy Agency estimates that the … - [Technical Analysis - SPA 35](https://todaymarkets.ae/technical-analysis-spa-35/): Looking at the SPA35 chart on a four-hour interval from a technical perspective, we have been observing a clear upward trend for quite some time. The price has corrected twice by 700 points, marked with a red rectangle in the chart below, and then new peaks were set. Currently, the price is in the region … - [Technical Analysis - Etherum](https://todaymarkets.ae/technical-analysis-etherum/): Looking at the Ethereum chart from a technical perspective on a daily basis, we are likely seeing a shift in market sentiment. The price rose significantly from April to August this year, while in September and October we saw a clear pullback, which led to a drop in price below $4,000. Currently, the price is … - [Chart of The Day - OIL](https://todaymarkets.ae/chart-of-the-day-oil/): Oil prices remain stable today at $64.80 per barrel of Brent crude, despite a moderate production increase of 137,000 barrels per day starting in December. The decision was made during Sunday’s meeting. OPEC+ also announced plans to pause production hikes in Q1 2026, which helped balance the market’s reaction. The decision reflects growing concerns about a potential oil oversupply at the … - [Eurozone Manufacturing Stabilizes in October](https://todaymarkets.ae/eurozone-manufacturing-stabilizes-in-october/): The HCOB Eurozone Manufacturing PMI was confirmed at 50.0 in October 2025, up slightly from 49.8 in September, signaling a stabilization in the sector following a modest deterioration the previous month. The reading reflected an eighth consecutive period of slight output growth, while new orders remained largely stagnant. Demand for euro area goods remains subdued; … - [Swiss 10-Year Bond Yields at 2022-Lows](https://todaymarkets.ae/swiss-10-year-bond-yields-at-2022-lows/): The Swiss 10-year government bond yield fell to around 0.13%, its lowest level since January 2022, after softer-than-expected domestic inflation data fueled speculation of rate cuts by the Swiss National Bank (SNB). Consumer price inflation in Switzerland unexpectedly slowed to 0.1% in October, down from 0.2% in the previous two months, while consumer prices fell … - [German Bund Yields Steady at 2-Week Highs](https://todaymarkets.ae/german-bund-yields-steady-at-2-week-highs/): Germany’s 10-year Bund yield stabilized around 2.64%, near its highest level since October 9, as investors prepared for a relatively quiet week following last week’s ECB policy meeting. The central bank left interest rates unchanged while maintaining a relatively upbeat growth outlook for the eurozone and an unchanged inflation projection. On the data front, German … - [Wheat Futures Jump to Highest Since July](https://todaymarkets.ae/wheat-futures-jump-to-highest-since-july/): Wheat futures surged above $5.40 per bushel, marking their highest level since July 22, on expectations of a rebound in Chinese demand. Over the weekend, a major Chinese grains importer reportedly inquired about US wheat cargoes for shipment between December and February, following last week’s trade truce between the two countries. According to US Department … - [U.K. Manufacturing PMI Slightly Above Estimates](https://todaymarkets.ae/u-k-manufacturing-pmi-slightly-above-estimates/): 09:30 AM BST, United Kingdom – PMI Data for October: UK manufacturing showed tentative signs of recovery in October, with output expanding for the first time in a year amid reduced backlogs and restarts at firms like Jaguar Land Rover. While production grew in consumer and intermediate goods, investment goods output continued to shrink, though more slowly. Demand remained weak at home … - [European PMI Data Inline With Expectations](https://todaymarkets.ae/european-pmi-data-inline-with-expectations/): 08:15 AM BST, Spain – PMI Data for October: 08:30 AM BST, Switzerland – PMI Data for October: 08:45 AM BST, Italy – PMI Data for October: 08:50 AM BST, France – PMI Data for October: 08:55 AM BST, Germany – PMI Data for October: 09:00 AM BST, Euro Zone – PMI Data for October: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation … - [FTSE 100 Trades Higher on Monday](https://todaymarkets.ae/ftse-100-trades-higher-on-monday-2/): The FTSE 100 traded higher on Monday, following a 3.9% gain in October, supported by gains in financial and energy stocks. Standard Chartered rose over 2%, Prudential nearly 2%, and Legal & General 1.6% ahead of the Bank of England’s policy decision on Thursday, where most economists expect rates to remain unchanged. Energy shares also … - [Economical Calendar - PMI, ISM And ADP Ahead This Week](https://todaymarkets.ae/economical-calendar-pmi-ism-and-adp-ahead-this-week/): Financial market attention will turn to macroeconomic releases from private economic institutions such as ISM, PMI, and ADP, as U.S. government data remains suspended due to the ongoing government shutdown. In addition to these releases, it will be worth watching Fed speakers, with remarks scheduled from Cook (Monday), Bowman (Tuesday), and Williams, Hammack, and Paulson (Thursday). Furthermore, for investors following non-U.S. markets, interest rate decisions from the Reserve Bank of Australia … - [Swiss Inflation Slows Again](https://todaymarkets.ae/11314-2/): Swiss inflation fell 0.3% m/m, driven by cheaper hotels and holidays, while clothing and housing costs rose slightly. The data is unlikely to shift SNB policy, as the bank has ended easing and expects inflation to average 0.4% in Q4. The material on this page does not constitute financial advice and does not take into … - [Australian Shares Rebound on Financial Boost](https://todaymarkets.ae/australian-shares-rebound-on-financial-boost/): The S&P/ASX 200 rose 0.2% to close at 8,895 on Monday, rebounding from earlier losses that had pushed the benchmark to a more than one-month low, supported by notable performances in heavyweight financial stocks. Westpac Banking Corporation climbed 2.8% to hover near a record high, despite reporting a decline in annual profit and announcing the … - [Today Markets - The Week Ahead](https://todaymarkets.ae/today-markets-the-week-ahead-2/): The Week Ahead: Tech dominance to continue, as BOE on pause As we start a new month, equity market futures are a sea of green, and risk sentiment  is high. This suggests that the seven-month long rally in global stock markets could continue. The latest drivers include an easing of US/China trade tensions, and some … - [Good Morning Traders](https://todaymarkets.ae/good-morning-traders/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Dutch Manufacturing PMI Falls to 4-Month Low](https://todaymarkets.ae/dutch-manufacturing-pmi-falls-to-4-month-low/): The Nevi Netherlands Manufacturing PMI fell to a four-month low of 51.8 in October 2025, from a more than three-year high of 53.7 in the previous month. While the pace of expansion moderated, new orders continued to drive growth, supported by a renewed rise in export demand amid increased interest from customers across Europe and … - [Palm Oil Begins November with Sharp Losses](https://todaymarkets.ae/palm-oil-begins-november-with-sharp-losses/): Malaysian palm oil futures plunged around 1.5% to below MYR 4,200 per tonne, extending losses since mid-October to revisit a 12-week low. The steep drop followed weakness in rival edible oils on the Dalian exchange, while sentiment was further pressured by concerns over global demand and uncertain weather that could affect output in early 2026. … - [China Manufacturing Growth Below Forecasts](https://todaymarkets.ae/china-manufacturing-growth-below-forecasts/): The RatingDog China General Manufacturing PMI fell to 50.6 in October 2025 from September’s six-month high of 51.2, missing market consensus of 50.9. The moderation in factory activity was driven by slower growth in both new orders and output. Domestic demand supported new orders, while export sales declined at the fastest pace since May amid … - [India Extends Relaxation on Stainless Steel Import Curbs Till December](https://todaymarkets.ae/india-extends-relaxation-on-stainless-steel-import-curbs-till-december/): The government of India has relaxed import restrictions on stainless steel, allowing the sale of certain products made from BIS non-compliant steel until December 31, according to The Economic Times. This relaxation has been extended due to inadequate domestic production of these grades. The government has implemented several measures to curb imports and protect the … - [Offshore Yuan Stabilizes](https://todaymarkets.ae/offshore-yuan-stabilizes/): The offshore yuan hovered around 7.12 per dollar on Monday, following a two-session decline, as investors weighed disappointing factory activity data against US-China trade developments. A private survey showed that China’s manufacturing PMI slowed more than expected in October, after official data last week indicated that manufacturing activity had contracted for the longest stretch in … - [Gasoline Futures Follow Crude Oil Higher](https://todaymarkets.ae/gasoline-futures-follow-crude-oil-higher/): US gasoline futures rose toward $1.9 per gallon, following the rise in crude oil prices after OPEC+ signaled a pause to output hikes early next year amid supply glut fears. The producer group on Sunday agreed to boost output by 137,000 bpd in December, matching the increments implemented in October and November, but indicated that … - [US Heating Oil Futures Rise](https://todaymarkets.ae/us-heating-oil-futures-rise/): US heating oil futures rose to around $2.42 per gallon, moving closer to the July highs reached last week, supported by increasingly tight distillate supplies and broader gains across energy markets. OPEC+ agreed over the weekend to raise output in December but signaled it would pause further increases from January to March due to seasonal … - [New Zealand Shares Close Near 3-Week High](https://todaymarkets.ae/new-zealand-shares-close-near-3-week-high/): The S&P/NZX 50 Index edged up 0.1% to 13,556 on Monday, marking its seventh consecutive gain and closing near a three-week high, driven by strength in heavyweight financial stocks. Westpac Banking led gains, rising 3.8% on strong advances in mortgages and business loans, even as net income dipped in the 12 months ended September. Peers … - [China Moves to End Key Tax Break for Gold Retailers](https://todaymarkets.ae/china-moves-to-end-key-tax-break-for-gold-retailers/): China announced Saturday that it will end a key value-added tax (VAT) offset for some gold retailers, effective immediately, in a move that could reshape the domestic gold market. The new policy, valid through the end of 2027, will restrict full VAT deductions to members of the Shanghai Gold Exchange and Shanghai Futures Exchange—mainly major … - [India Manufacturing PMI Revised Higher](https://todaymarkets.ae/india-manufacturing-pmi-revised-higher/): The HSBC India Manufacturing PMI rose to 59.2 in October 2025, above the flash estimate of 58.4 and September’s 57.7, signaling faster growth in factory activity. New orders expanded sharply, supported by strong demand, advertising efforts, and optimism over GST reform, while output growth matched August’s pace, the joint-fastest in five years. Export orders increased … - [Australia Commodity Prices Fall 1.3% in October](https://todaymarkets.ae/australia-commodity-prices-fall-1-3-in-october/): The Reserve Bank of Australia’s Index of Commodity Prices fell by 1.3% year-on-year in October 2025, reversing a briefly revised 0.1% increase in the previous month. The renewed decline was largely driven by lower prices for thermal coal, coking coal, and liquefied natural gas. These decreases were partly offset by higher prices for gold, iron … - [Dutch Retail Sales Growth at 3-Month Low](https://todaymarkets.ae/dutch-retail-sales-growth-at-3-month-low/): Retail sales in the Netherlands rose by 3.8% year-on-year in September 2025, slowing from an upwardly revised 3.9% advance in the previous month. This marked the softest growth in retail activity since June, driven by a slower increase in sales of non-food products (3.7% vs 3.8% in August), particularly in drugstores (2.1% vs 3.2%) and … - [Iron Ore Falls on Weak China Data](https://todaymarkets.ae/iron-ore-falls-on-weak-china-data/): Iron ore futures fell below CNY 790 per ton, hitting a one-week low as disappointing factory data from top consumer China clouded the demand outlook. A private survey showed that Chinese manufacturing activity slowed more than expected in October as trade tensions with the US escalated during the month, following official data last week that … - [EUR/JPY holds steady above 177.50 amid thin trading due to Japan’s holiday](https://todaymarkets.ae/eur-jpy-holds-steady-above-177-50-amid-thin-trading-due-to-japans-holiday/): EUR/JPY holds ground after registering losses in the previous session, trading around 177.70 during the Asian hours on Monday. The currency cross edges higher as the Japanese Yen (JPY) weakens after the Bank of Japan (BoJ) maintained a cautious stance on interest rates. Trading is likely to remain subdued due to Japan’s holiday-thinned market. The … - [USD/CHF trades firmly near 0.8050 ahead of Swiss inflation data](https://todaymarkets.ae/usd-chf-trades-firmly-near-0-8050-ahead-of-swiss-inflation-data/): The USD/CHF pair demonstrates strength near an over two-week high around 0.8050 during Monday’s Asian session. The Swiss Franc pair trades firmly as the US Dollar (USD) holds onto gains due to receding speculation for further monetary policy easing by the Federal Reserve (Fed) this year. At the press time, the US Dollar Index (DXY), which tracks the … - [GBP/JPY steadies around mid-202.00s amid BoJ uncertainty; UK fiscal concerns cap gains](https://todaymarkets.ae/gbp-jpy-steadies-around-mid-202-00s-amid-boj-uncertainty-uk-fiscal-concerns-cap-gains/): The GBP/JPY cross attracts some buyers near the 202.30-202.25 area during the Asian session on Monday, though it lacks follow-through. Spot prices remain confined in Friday’s broader range and currently trade around mid-202.00s, nearly unchanged for the day amid relatively thin liquidity on the back of a holiday in Japan. The Japanese Yen (JPY) continues to be … - [USD/CAD treads water above 1.4000 due to cautious Fed policy outlook](https://todaymarkets.ae/usd-cad-treads-water-above-1-4000-due-to-cautious-fed-policy-outlook/): USD/CAD remains steady after two days of gains, trading around 1.4010 during the Asian hours on Monday. The pair struggles as the Canadian Dollar (CAD) gains ground on higher Oil prices. It is important to note that Canada is the largest crude exporter to the United States (US). West Texas Intermediate (WTI) Oil price holds gain … - [Australian Dollar receives support as traders expect RBA to maintain policy rates](https://todaymarkets.ae/australian-dollar-receives-support-as-traders-expect-rba-to-maintain-policy-rates/): Australian Dollar (AUD) advances against the US Dollar (USD), halting its three-day losing streak on Monday. The AUD/USD pair may continue to lose ground as the US Dollar (USD) gains amid dampening expectations of a US Federal Reserve (Fed) interest rate cut in December. The AUD failed to draw any impact from the release of economic data … - [USD/JPY sits near multi-month peak](https://todaymarkets.ae/usd-jpy-sits-near-multi-month-peak/): The Japanese Yen (JPY) is seen consolidating last week’s heavy losses against a bullish US Dollar (USD) and remains close to its lowest level since February 14, touched last Thursday. Traders remain uncertain about the timing of the next rate hike by the Bank of Japan (BoJ) amid speculations that Japan’s new Prime Minister Sanae … - [Gold retakes $4,000 amid reviving safe-haven demand; upside potential seems limited](https://todaymarkets.ae/gold-retakes-4000-amid-reviving-safe-haven-demand-upside-potential-seems-limited/): Gold (XAU/USD) attracts some dip-buyers following an Asian session slide to the $3,963-3,962 region on Monday and climbs back above the $4,000 psychological mark in the last hour. Comments from US President Donald Trump suggested that his administration may restrict the flow of cutting-edge artificial intelligence (AI) hardware to its strategic rival, China. This turns … - [XAG/USD rises to near $49.00 due to renewed safe-haven demand](https://todaymarkets.ae/xag-usd-rises-to-near-49-00-due-to-renewed-safe-haven-demand/): Silver price (XAG/USD) recovers its recent losses from the previous session, trading around $48.80 per troy ounce during the Asian hours on Monday. The price of the safe-haven Silver receives support from market caution, driven by the weak Chinese private Manufacturing Purchasing Managers’ Index (PMI) data and renewed US-China trade risks. Traders await the US … - [USD/INR trades firmly as US Dollar strengthens on easing Fed dovish bets](https://todaymarkets.ae/usd-inr-trades-firmly-as-us-dollar-strengthens-on-easing-fed-dovish-bets/): The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) near its over two-week high around 88.95 at the start of the new month on Monday.  The USD/INR pair aims to extend its six-day winning streak as the Indian Rupee (INR) continues to underperform due to Foreign Institutional Investors (FIIs) selling in the … - [US Dollar Index strengthens above 99.50 ahead of US Manufacturing PMI release](https://todaymarkets.ae/us-dollar-index-strengthens-above-99-50-ahead-of-us-manufacturing-pmi-release/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note around 99.75 during the Asian trading hours on Monday. The DXY edges higher on the hawkish stance from the US Federal Reserve (Fed). Traders brace for the release of the US October ISM Manufacturing … - [EURUSD Heads Towards 1.15 Amid Diminishing Chances of a December Fed Cut](https://todaymarkets.ae/eurusd-heads-towards-1-15-amid-diminishing-chances-of-a-december-fed-cut/): The dollar is preparing for a positive close not only this week but also this month. The EURUSD pair is breaking local lows from mid-month today and is heading towards the 1.1500 level amid diminishing chances for interest rate cuts in the United States. The dollar is strengthening against every G10 currency today. The probability of a … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-2/): The EUR/USD pair is currently trading around 1.15270 USD per euro. The market is under downward pressure, mainly due to differences in monetary policy between the European Central Bank and the US Federal Reserve. Souce: xStation5 What is shaping the EUR/USD today? The dollar remains relatively strong following the Fed’s recent 25 basis point rate … - [Sentiment Declines in European Markets](https://todaymarkets.ae/sentiment-declines-in-european-markets/): European session opens with distinctly negative sentiments. Major indices are experiencing broad sell-offs amid investor concerns about growth rates and trade tensions. Among futures contracts, the leaders of declines are W20 and NED25, with sell-offs exceeding 0.6%. FRA40, DE40, and UK100 are losing slightly less, depreciating by 0.4%. ITA40 is the only one rising around … - [Trade of The Day - GBP/USD](https://todaymarkets.ae/trade-of-the-day-gbp-usd-3/): Facts: Recommendation: Source: xStation5 Opinion GBPUSD remains in a downward trend, which began in September in response to the weakness in the UK long-term bond market and growing concerns about the 2026 budget. The planned tax increases—both corporate and income—are intended to boost fiscal revenues necessary to finance struggling public services and improve productivity through … - [Steel Declines from 2-Month High](https://todaymarkets.ae/steel-declines-from-2-month-high/): Steel rebar futures in China fell to CNY 3,080 per tonne from the two-month high of CNY 3,120 on October 28th amid evidence of poor demand among the world’s top consumers, weighing against recent signs of lower supply. The official construction PMI in China fell to 49.1, tying for the record low to reflect a … - [DAX at 2-Week Low](https://todaymarkets.ae/dax-at-2-week-low/): Germany’s DAX fell 0.4% to below 24,030 on Friday, a two-week low, as investors weighed recent central bank meetings, progress in US-China trade, and a flood of corporate and economic data. Market participants will closely watch today’s Eurozone inflation data, which could guide the ECB’s next steps. Among stocks, top losers included Deutsche Telekom (-1.3%), … - [Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP slip as market weakness persists](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-slip-as-market-weakness-persists/): Bitcoin (BTC) price trades below $109,000 at the time of writing on Friday after slipping nearly 5% so far this week. Ethereum (ETH) and Ripple (XRP) prices followed BTC’s footsteps, correcting by nearly 8% and 7%, respectively. These top three currencies are approaching key support levels; a decisive close below could extend further losses. Bitcoin could extend its … - [CAC 40 Falls to Two-Week Low](https://todaymarkets.ae/cac-40-falls-to-two-week-low/): The CAC 40 edged down to 8,145 points on Friday, its lowest level since October 15, capping a particularly busy week dominated by central bank meetings, an easing of US–China trade tensions, and a wave of earnings reports and economic data. Saint-Gobain fell 2.5% after reporting a small 0.2% drop in Q3 revenue on a … - [When is the Eurozone Prelim HICP inflation and how could it affect EUR/USD?](https://todaymarkets.ae/when-is-the-eurozone-prelim-hicp-inflation-and-how-could-it-affect-eur-usd/): The Eurozone Prelim HICP Overview Eurostat will publish the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) data for October later on Friday at 10:00 GMT. Eurozone flash HICP inflation is expected to ease to 2.1% year-over-year (YoY) in October, from 2.2% in September. Meanwhile, the annual core inflation is also anticipated to edge down … - [Pound Sterling struggles as UK productivity downgrade prompts tax raise risks](https://todaymarkets.ae/pound-sterling-struggles-as-uk-productivity-downgrade-prompts-tax-raise-risks/): The Pound Sterling (GBP) stays under pressure against its major peers on Friday. The British currency has underperformed this week as investors worry that United Kingdom (UK) Chancellor of the Exchequer Rachel Reeves might face backlash in the upcoming budget later in November due to escalating fiscal risks. Lately, the UK Office for Budget Responsibility (OBR) has … - [Dutch Inflation Rate Slows to 3.1%](https://todaymarkets.ae/dutch-inflation-rate-slows-to-3-1/): The annual inflation rate in the Netherlands eased to 3.1% in October 2025 from a five-month high of 3.3% in September, according to preliminary estimates. The main downward pressure came from a sharp slowdown in energy prices, with energy inflation falling to 2.1% in October from 4.0% in September, while non-energy industrial goods inflation declined … - [Offshore Yuan Holds Decline](https://todaymarkets.ae/offshore-yuan-holds-decline/): The offshore yuan held its decline around 7.11 per dollar on Friday as investors weighed disappointing PMI data and the outcomes from the recent Trump-Xi meeting. China’s manufacturing PMI fell to a six-month low of 49 in October 2025, signaling continued weakness in the industrial sector and fueling expectations of further stimulus to support domestic … - [Palm Oil Weakens Further, On Track for Second Monthly Loss](https://todaymarkets.ae/palm-oil-weakens-further-on-track-for-second-monthly-loss/): Malaysian palm oil futures fell below MYR 4,250 per tonne, extending their recent decline amid weakness in rival edible oils on the Dalian market and a stronger ringgit. Prices hovered at their lowest in 12 weeks and were set for a second consecutive weekly and monthly drop, down around 4.4% and 2.9% so far, respectively. … - [Coal Prices Rise Despite Slower Asian Imports](https://todaymarkets.ae/coal-prices-rise-despite-slower-asian-imports/): Coal prices climbed above $108 per ton at the end of October, reaching a two-month high amid a firm demand outlook, even as weakening imports from major Asian buyers kept sentiment cautious. Data showed that the world’s top four coal importers, China, India, Japan, and South Korea, were all set for lower arrivals in October … - [German Retail Sales Rise as Expected While Impor Pricrs Drop](https://todaymarkets.ae/german-retail-sales-rise-as-expected-while-impor-pricrs-drop/): Germany’s retail sales rose 0.2% month-over-month in September 2025, matching market estimates and swinging from a revised 0.5% decline in the previous month. This marked the first monthly increase since June, supported by a 0.3% rise in food sales and a 0.4% gain in online and mail-order businesses. In contrast, non-food sales fell 0.6%. On … - [UK House Prices Rise Above Forecasts](https://todaymarkets.ae/uk-house-prices-rise-above-forecasts/): The UK Nationwide House Price Index rose 2.4% year-on-year in October 2025, above the expected 2.3% and up from 2.2% in September. On a monthly basis, prices increased 0.3%, beating forecasts of no change but easing from a 0.5% rise in the previous period. Nationwide’s Chief Economist Robert Gardner said the figures show a broadly … - [French Inflation Shows Mixed Results](https://todaymarkets.ae/french-inflation-shows-mixed-results/): Macro Data:  08:45 France – Preliminary Consumer Inflation for October 08:45 France – Producer Price Index (PPI) for September The preliminary inflation reading for France in October shows price stabilization. CPI rose by 0.1% month-on-month and reached 1.0% year-on-year. Annual HICP fell to 0.9%. Producer price inflation (PPI) in September increased to 0.3% month-on-month and … - [Apple and Amazon Beat Estimates](https://todaymarkets.ae/apple-and-amazon-beat-estimates/): Apple and Amazon released their quarterly reports after the U.S. market close today, and both companies appear to be on track to reach new all-time highs. For several quarters, Amazon had been seen by the market as a laggard, due in part to the narrative of slower revenue growth in Amazon Web Services compared to competitors … - [Australian Shares Snap 3-Day Decline](https://todaymarkets.ae/australian-shares-snap-3-day-decline/): The S&P/ASX 200 rose 0.4% to around 8,920 on Friday, snapping its three-session losing streak, buoyed by gains in gold stocks and miners on higher commodity prices. Gold miners led the charge as bullion rises on the US Fed rate cut and uncertainty over the US-China trade deal. Sector leaders Newmont and Barrick Mining climbed … - [KOSPI Extends Record Rally](https://todaymarkets.ae/kospi-extends-record-rally/): The benchmark KOSPI rose 0.6% to around 4,110 on Friday, hitting fresh record levels, boosted by gains in automakers and chip giant Samsung Electronics. The index is also on track for its fifth straight weekly gain and a nearly 20% increase for the month. Carmaker Hyundai Motors led the charge, climbing over 6% to a … - [China Stocks Struggle Amid Weak Factory Data](https://todaymarkets.ae/china-stocks-struggle-amid-weak-factory-data/): The Shanghai Composite fell 0.2% to below 3,980, while the Shenzhen Component dipped 0.05% to 13,525 on Friday, extending losses from the previous session as disappointing manufacturing data weighed on sentiment. Weaker factory activity reflected renewed Sino-US trade tensions, sluggish domestic demand, and a prolonged property downturn. Meanwhile, Presidents Xi and Trump met on Thursday, … - [Hong Kong Shares Set to Close Month on Weak Note](https://todaymarkets.ae/hong-kong-shares-set-to-close-month-on-weak-note/): Hong Kong equities fell 200 points, or 0.8%, to 26,078 in early trade on Friday, retreating for the third consecutive session as most sectors declined. Weak official PMI data from China in October weighed on sentiment, with factory activity contracting at the fastest pace in six months while the services sector remained subdued. Traders also … - [China Adds Bonds Quota to Stimulate Local Investment](https://todaymarkets.ae/china-adds-bonds-quota-to-stimulate-local-investment/): China has allocated 200 billion yuan (USD 28 billion) in local government special bond quotas to support investment in certain provinces, a spokesperson for the National Development and Reform Commission, Li Chao, said on Friday, as reported by Reuters. This move is part of a broader 500 billion yuan fund aimed at replenishing local finances. … - [Japan Housing Starts Fall Less than Estimated](https://todaymarkets.ae/japan-housing-starts-fall-less-than-estimated/): Japan’s housing starts dropped 7.3% year-on-year in September 2025, below market consensus of a 7.9% decline and slower than a 9.8% fall in the previous month. This marked the sixth consecutive monthly decrease but the mildest in the sequence. New dwelling starts fell at a slower rate for owned homes (-5.6% vs -10.6% in August) … - [New Zealand Stocks Log 6th Month of Gains](https://todaymarkets.ae/new-zealand-stocks-log-6th-month-of-gains/): The S&P/NZX 50 index closed 0.7% higher at 13,548 on Friday, marking its highest level in three weeks and notching a sixth straight monthly advance. The index tracked Wall Street’s rally overnight, driven by upbeat US tech earnings. Sentiment was further lifted after US President Trump and Chinese President Xi agreed at Thursday’s summit to … - [GBP/USD treads water above 1.3150 as Fed rate cuts climb](https://todaymarkets.ae/gbp-usd-treads-water-above-1-3150-as-fed-rate-cuts-climb/): GBP/USD inches higher after three days of losses, trading around 1.3160 during the Asian hours on Friday. The pair holds ground as the US Dollar (USD) struggles amid improving Federal Reserve (Fed) rate cut bets. According to the CME FedWatch Tool, markets are now pricing in 71% probability of a Fed rate cut in December, … - [NZD/USD languishes near one-week low, around 0.5735 after China’s PMI data](https://todaymarkets.ae/nzd-usd-languishes-near-one-week-low-around-0-5735-after-chinas-pmi-data/): The NZD/USD pair trades with a negative bias for the third straight day on Friday and remains close to a one-week low, around the 0.5725 region, touched the previous day. Spot prices move little following the release of rather unimpressive China’s official PMIs and seem poised to register weekly losses amid the short-term bullish sentiment … - [USD/INR moves higher due to US-China trade optimism, receding Fed dovish bets](https://todaymarkets.ae/usd-inr-moves-higher-due-to-us-china-trade-optimism-receding-fed-dovish-bets/): The Indian Rupee (INR) trades lower against the US Dollar (USD) after a flat opening on Friday. The USD/INR pair rises to near 88.85 as the US Dollar (USD) trades broadly firm due to receding Federal Reserve (Fed) dovish bets, and improving trade relations between the United States (US) and China. At the press time, the US … - [EUR/JPY holds steady above 178.00, remains close to record high touched on Thursday](https://todaymarkets.ae/eur-jpy-holds-steady-above-178-00-remains-close-to-record-high-touched-on-thursday/): The EUR/JPY cross attracts some dip-buyers near the 177.85 area during the Asian session on Friday, and for now, it seems to have stalled its modest pullback from the all-time peak, touched the previous day. Spot prices currently trade around 178.15 region, nearly unchanged for the day, and remain on track to register strong monthly … - [USD/CAD maintains position near 1.4000 as expectations for further Fed rate cuts diminish](https://todaymarkets.ae/usd-cad-maintains-position-near-1-4000-as-expectations-for-further-fed-rate-cuts-diminish/): USD/CAD remains steady after registering gains in the previous session, trading around 1.3980 during the Asian hours on Friday. The pair appreciated as the US Dollar (USD) received support after Federal Reserve (Fed) Chair Jerome Powell’s comments lowered expectations for further interest rate cuts. The US Fed delivered a 25-basis-point rate cut on Wednesday, lowering its benchmark rate … - [XAG/USD trades firmly near $49.00 ahead of speeches from Fed officials](https://todaymarkets.ae/xag-usd-trades-firmly-near-49-00-ahead-of-speeches-from-fed-officials/): Silver price (XAG/USD) holds onto gains near Thursday’s high around $49.00 during the Asian trading session on Friday. The white metal trades firmly even as traders have trimmed bets supporting another interest rate cut by the Federal Reserve (Fed) this year. According to the CME FedWatch tool, the probability of the Fed cutting interest rates by … - [Japanese Yen sticks to stronger Tokyo CPI-inspired gains; lacks follow-through buying](https://todaymarkets.ae/japanese-yen-sticks-to-stronger-tokyo-cpi-inspired-gains-lacks-follow-through-buying/): The Japanese Yen (JPY) strengthens during the Asian session after data released this Friday showed that inflation in Tokyo rose at a faster pace and backed the case for an imminent rate hike by the Bank of Japan (BoJ). This, along with reviving safe-haven demand, assists the JPY in recovering a part of the previous … - [WTI holds remains subdued around $60.00 due to oversupply concerns](https://todaymarkets.ae/wti-holds-remains-subdued-around-60-00-due-to-oversupply-concerns/): West Texas Intermediate (WTI) Oil price remains subdued for the second successive session, trading around $60.00 per barrel during the Asian hours on Friday. Crude Oil prices are on track to post their third consecutive monthly decline, driven by the oversupply concerns ahead of the Organization of the Petroleum Exporting Countries and its allies, including … - [Gold attracts fresh sellers amid Fed's hawkish stance, US-China trade optimism](https://todaymarkets.ae/gold-attracts-fresh-sellers-amid-feds-hawkish-stance-us-china-trade-optimism/): Gold (XAU/USD) attracts some sellers following an Asian session uptick to the $4,046 area and, for now, seems to have stalled this week’s recovery from its lowest level since October 6. The US Dollar (USD) preserves its strong gains registered over the past two days, to a nearly three-month top, in the wake of the … - [Australian Dollar loses ground after mixed China's NBS PMI data release](https://todaymarkets.ae/australian-dollar-loses-ground-after-mixed-chinas-nbs-pmi-data-release/): AUD/USD remains subdued for the third successive session, trading around 0.6550 during the Asian hours on Friday. The pair moves little following the release of China’s NBS Purchasing Managers’ Index (PMI) data. It is important to note that any shift in China’s economic conditions could also affect the Australian dollar (AUD), given the close trade ties … - [Cattle Pull Back ](https://todaymarkets.ae/cattle-pull-back/): Live cattle futures posted slight gains in the front months, with the soon to expire October up $3.87. Cash trade has been $230 in the north early this week, with other bids near that and $235 in the South. Other bids have been reported at $228-230. The Thursday Fed Cattle Exchange online auction showed $235.50 … - [Soybeans Rally Extends, as Traders Factor in Chinese Buying](https://todaymarkets.ae/soybeans-rally-extends-as-traders-factor-in-chinese-buying/): Soybeans had a back and forth session centered around the China/US meeting on Wednesday night, as the front three contracts have a 40 cent or more range on Thursday. Contracts closed with 10 to 14 cent gains in the nearbys. The cmdtyView national average Cash Bean price was 13 3/4 cents higher at $10.26 1/4. Soymeal futures were up … - [Corn Post Losses](https://todaymarkets.ae/corn-post-losses/): Corn futures posted losses across most contracts on Thursday, with contracts down 2 to 4 cents across most months. The CmdtyView national average Cash Corn price was down 3 1/2 cents to $3.91. Following the meeting between President Trump and President Xi of China, President Trump posted that China is set to purchase massive amounts of sorghum, … - [Wheat Bulls Give Into Weakness ](https://todaymarkets.ae/wheat-bulls-give-into-weakness/): The wheat complex was under pressure for much of the Thursday session. CBT soft red wheat futures were 7 to 8 cents lower to round out Thursday trade. KC HRW futures were 9 to 10 cents in the red on Thursday. MPLS spring wheat futures were down 9 to 10 cents in most contracts at … - [Coffee Prices Recover as ICE Inventories Dwindle](https://todaymarkets.ae/coffee-prices-recover-as-ice-inventories-dwindle/): December arabica coffee (KCZ25) on Thursday closed up +1.30 (+0.33%), and January ICE robusta coffee (RMF26) closed up +31 (+0.67%). Coffee prices recovered from early losses on Thursday and settled higher.  Shrinking ICE coffee inventories are supportive for prices.  The 50% tariffs imposed on US imports from Brazil have led to a sharp drawdown in … - [Cocoa Prices Rebound as ICE Inventories Fall](https://todaymarkets.ae/cocoa-prices-rebound-as-ice-inventories-fall/): December ICE NY cocoa (CCZ25) on Thursday closed up +14 (+0.23%), and December ICE London cocoa #7 (CAZ25) closed up +19 (+0.44%). Cocoa prices recovered from early losses on Thursday and settled higher as shrinking ICE cocoa inventories sparked short covering in cocoa futures.  ICE-monitored cocoa inventories held in US ports fell to a 7-month … - [Sugar Prices Sink on Higher Brazil Sugar Production](https://todaymarkets.ae/sugar-prices-sink-on-higher-brazil-sugar-production/): March NY world sugar #11 (SBH26) on Thursday closed down -0.14 (-0.97%), and December London ICE white sugar #5 (SWZ25) closed down -3.70 (-0.89%). Sugar prices extended their three-week-long slide on Thursday, with NY sugar posting a 5-year nearest-futures low and London sugar posting a 4.75-year low. Higher sugar output in Brazil is undercutting prices … - [Cotton Falls Back](https://todaymarkets.ae/cotton-falls-back-2/): Cotton futures ended the Thursday session with contracts down 80 to 90 points across the front months. Crude oil futures were down 17 cents/barrel to $60.31, with the US dollar index back up $0.333 to $99.355.  Following the meeting between President Trump and President Xi of China, President Trump posted that China is set to purchase … - [Soybean - China to Buy 12 MT Soy This Year](https://todaymarkets.ae/soybean-china-to-buy-12-mt-soy-this-year/): Bessent announced that China will purchase 12 million tons of soybeans from the US this year, and 25 million tons each in the next three years. In 2024, the United States sold 27 million tons of soybeans to China. Production is less than 120 million tons. Soybean prices declined after the meeting between Trump and … - [USD/CHF gains as Fed signals slower easing, US-China trade relations improve](https://todaymarkets.ae/usd-chf-gains-as-fed-signals-slower-easing-us-china-trade-relations-improve/): USD/CHF trades higher around 0.8000 on Thursday, up 0.20% for the day. The US Dollar (USD) finds support after the Federal Reserve (Fed) delivered a widely expected 25 basis-point rate cut to a range of 3.75%–4.00%, while signaling a slower pace of future easing. Fed Chair Jerome Powell emphasized that a further rate reduction in December is … - [Chart of the Day - Soybean](https://todaymarkets.ae/chart-of-the-day-soybean/): Futures contracts for soybeans in Chicago dropped by over 1% following the conclusion of the Trump-Xi meeting in Busan, despite earlier dynamic price gains driven by hopes for a trade agreement and a resumption of Chinese soybean purchases. Ultimately, state-owned COFCO purchased three cargoes of soybeans for December and January delivery as a goodwill gesture immediately preceding the talks, … - [Pound Sterling remains fragile against US Dollar on improving US-China trade relations](https://todaymarkets.ae/pound-sterling-remains-fragile-against-us-dollar-on-improving-us-china-trade-relations/): The Pound Sterling (GBP) ticks down to near 1.3185 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD pair faces pressure as the US Dollar has recovered its early losses, following comments from United States (US) President Donald Trump and China’s commerce ministry after the meeting between Trump and Chinese leader Xi … - [USD/CAD picks up to 1.3950 amid a firmer US Dollar](https://todaymarkets.ae/usd-cad-picks-up-to-1-3950-amid-a-firmer-us-dollar/): The US Dollar is regaining lost ground against the Loonie, amid broader Greenback strength as markets ponder the scope of the Sino-US trade deal. The pair bounced from one-month lows near 1.3880 on Wednesday and is extending gains to test Wednesday’s high, at 1.3954, which, so far, keeps holding bulls. US President Donald Trump and … - [Preliminary Eurozone GDP Beats Expectations](https://todaymarkets.ae/preliminary-eurozone-gdp-beats-expectations/): Euro Area — Preliminary Gross Domestic Product: Euro Area — Labor Market Data The preliminary GDP figures for the Euro Area indicate a slightly better-than-expected economic performance in Q3. Quarter-on-quarter, GDP rose by 0.2%, above the forecast of 0.1% and an increase from the previous quarter’s 0.1%. Year-on-year, GDP grew by 1.3%, slightly surpassing expectations of 1.2%, though lower than last quarter’s 1.5%. These … - [German GDP Slightly Higher Than Expected](https://todaymarkets.ae/german-gdp-slightly-higher-than-expected/): German GDP YoY SA Flash: 0.3% (Forecast 0.2%, Previous 0.2%) German GDP YoY NSA Flash: 0.3% (Forecast 0.2%, Previous -0.2%) German GDP QoQ Flash Actual 0% (Forecast 0%, Previous -0.3%) German Unemployment Rate Actual 6.3% (Forecast 6.3%, Previous 6.3%) German Unemployment Change SA Actual -1k (Forecast 8k, Previous -7k) German Unemployment Total SA Actual 2.973M … - [Spanish Inflation Rebounds Despite Expectations](https://todaymarkets.ae/spanish-inflation-rebounds-despite-expectations/): CPI inflation for October: 3.1% YoY (Forecast: 2.9% Yoy: Prior: 3.0% YoY) Monthly CPI inflation: 0.7% MoM (Forecast: 0.5% MoM; Prior: -0.3% MoM) Core CPI inflation: 2.5% YoY (Forecast: 2.5% YoY; Prior: 2.4% YoY) Higher than expected inflation should support ECB view to maintain interest rates unchanged, which is also in line with market expectations. … - [Economic Calendar - ECB Decision And Tech Giant Earnings](https://todaymarkets.ae/economic-calendar-ecb-decision-and-tech-giant-earnings/): The majority of this week’s most crucial market events are now behind us. The Fed cut interest rates but delivered a hawkish message. Wall Street’s technology giants have released earnings, and the Trump-Xi meeting concluded positively, though it is fundamentally a return to the prior status quo. Still ahead are several European data publications, the European Central … - [Alphabet Soared 7% on AI Driven Results](https://todaymarkets.ae/alphabet-soared-7-on-ai-driven-results/): The American tech giant, now primarily a powerhouse in data centers and Artificial Intelligence (AI) rather than just search and web browsing, has decisively surpassed financial expectations. The company reported its first-ever $100 billion quarterly revenue, sending shares to new historical highs, despite absorbing a significant EU-related fine. Investors have fully embraced the aggressive capital expenditure … - [Meta Dropped Despite Strong Revenue Growth](https://todaymarkets.ae/meta-dropped-despite-strong-revenue-growth/): Meta Platforms (META.US) reported impressive Q3 revenue growth, driven by strong advertising demand and higher user engagement fueled by AI-powered tools across Facebook, Instagram, and WhatsApp. Revenue rose 26% y/y to $51.2B, well above market expectations. However, results were overshadowed by a one-time, non-cash tax charge of $15.9B related to the implementation of the U.S. “One Big Beautiful Bill” act, which lifted the company’s effective tax rate to 87% and significantly … - [Saudi Arabia GDP Growth Strongest in 2½ Years](https://todaymarkets.ae/saudi-arabia-gdp-growth-strongest-in-2%c2%bd-years/): Saudi Arabia’s economy expanded by 5% year-on-year in the third quarter of 2025, accelerating from a 3.9% growth in the previous period, according to preliminary estimates. This marks the strongest economic expansion since the first quarter of 2023, supported by growth across all major economic sectors, with oil activities leading the way, jumping 8.2% after … - [Palm Oil Slides for 3rd Session Below MYR 4,000](https://todaymarkets.ae/palm-oil-slides-for-3rd-session-below-myr-4000/): Malaysian palm oil futures slipped for a third consecutive session, hovering near MYR 3,980 per tonne, a near three-week low, pressured by a stronger ringgit and weakness in rival edible oils on the Dalian and Chicago markets. Sentiment was further weighed down by signs of softer exports, as cargo surveyors estimated shipments of Malaysian palm … - [China Stocks Extend Losses for Second Session](https://todaymarkets.ae/china-stocks-extend-losses-for-second-session/): The Shanghai Composite fell 0.8% to below 3,840 while the Shenzhen Component lost 0.9% to 12,990 on Tuesday, extending losses from the previous session as mounting economic concerns and the absence of strong policy support pressured the market. A series of economic indicators released on Monday highlighted slowing activity, including weaker-than-expected retail sales and industrial … - [Nat-Gas Prices Under Pressure as US Weather Forecasts Warm](https://todaymarkets.ae/nat-gas-prices-under-pressure-as-us-weather-forecasts-warm/): January Nymex natural gas (NGF26) on Monday closed down by -0.101 (-2.46%). Jan nat-gas prices slid to a 7-week low on Monday and settled sharply lower.  Nat-gas prices have sold off over the past week as US weather forecasts have turned warmer across much of the country, potentially reducing heating demand and prompting heavy liquidation … - [Energy Demand Concerns Undercut Crude Oil Prices](https://todaymarkets.ae/energy-demand-concerns-undercut-crude-oil-prices/): January WTI crude oil (CLF26) on Monday closed down -0.62 (-1.08%), and January RBOB gasoline (RBF26) closed down -0.0198 (-1.13%). Crude oil and gasoline prices were under pressure on Monday, with crude oil falling to a 1.75-month low and gasoline posting a 4.75-year nearest-futures low.  Concerns about global energy demand are weighing on crude prices … - [Wheat Faced Monday Pressure](https://todaymarkets.ae/wheat-faced-monday-pressure/): The wheat complex was under pressure on Monday. Chicago SRW futures were 8 to 9 cents lower across most contracts to start the week. KC HRW futures were 6 to 7 cents in the red at the close. MPLS spring wheat was down 6 to 7 cents across the front months on Monday. This morning’s … - [Corn Pull Off Lows](https://todaymarkets.ae/corn-pull-off-lows/): Corn futures saw weakness for much of Monday, with contracts down 1 to 2 cents in the nearbys, pulling off early lows. The CmdtyView national average Cash Corn price was down a penny to  $3.95.  A private export sale of 150,320 MT of corn was sold to unknown destinations this morning.  USDA tallied corn export shipments at … - [Soybeans Continue Slide Despite Another Chinese Purchase](https://todaymarkets.ae/soybeans-continue-slide-on-monday-despite-another-chinese-purchase/): Soybeans closed Monday with losses of 4 to 5 cents, as the market continues to sell the fact as the Chinese purchases come through. The cmdtyView national average Cash Bean price was 4 ½ cents lower at $10.01. Soymeal futures were up 70 cents to $1.10, with Soy Oil futures down 30 to 70 cents. A Reuters report indicated EPA finalization … - [Coffee Prices Sink as Rain in Brazil Eases Crop Development Concerns](https://todaymarkets.ae/coffee-prices-sink-as-rain-in-brazil-eases-crop-development-concerns/): March arabica coffee (KCH26) on Monday closed down -9.00 (-2.44%), and January ICE robusta coffee (RMF26) closed down -80 (-1.94%). Coffee prices extended last Friday’s plunge on Monday, with arabica falling to a 3-week low and robusta sliding to a 4-month low.  Ample rains in Brazil have eased concerns over coffee crop development and hammered … - [Cocoa Prices Sharply Lower on Favorable Weather in West Africa](https://todaymarkets.ae/cocoa-prices-sharply-lower-on-favorable-weather-in-west-africa/): March ICE NY cocoa (CCH26) on Monday closed down -403 (-6.42%), and March ICE London cocoa #7 (CAH26) closed down -321 (-7.05%). Cocoa prices sank on Monday as rains in West Africa and a delay in the seasonal Harmattan winds have benefitted cocoa crops, sparking long liquidation in cocoa futures.  Cocoa farmers in the Ivory … - [Sugar Prices Pressured as India Boosts Sugar Production and Crude Oil Declines](https://todaymarkets.ae/sugar-prices-pressured-as-india-boosts-sugar-production-and-crude-oil-declines/): March NY world sugar #11 (SBH26) on Monday closed down -0.15 (-0.99%), and March London ICE white sugar #5 (SWH26) closed down -3.00 (-0.70%). Sugar prices settled lower on Monday due to higher Indian sugar output and a slide in crude oil prices.  The India Sugar Mill Association (ISMA) reported Monday that Indian sugar production … - [Cotton Holds on to Gains](https://todaymarkets.ae/cotton-holds-on-to-gains/): Cotton futures were up 10 to 16 points in the front months at the Monday close. Crude oil futures were 79 cents lower per barrel at $56.65, with the US dollar index $0.093 lower to $98.300. CFTC data indicated spec funds increasing their net short position by 3,756 contracts to 61,999 contracts as of November … - [Dollar Pressured Ahead of Payrolls Report](https://todaymarkets.ae/dollar-pressured-ahead-of-payrolls-report/): The dollar index hovered around 98.3 on Tuesday, remaining near two-month lows as investors positioned ahead of the combined October and November jobs report, which was delayed by the government shutdown. Retail sales data and preliminary manufacturing indicators are also due later today, while the November consumer price index will be released on Thursday. The … - [Australian Dollar Falls on Weak Data](https://todaymarkets.ae/australian-dollar-falls-on-weak-data/): The Australian dollar depreciated past $0.662 per US dollar, marking its fourth consecutive session of losses as investors weighed weak economic data. The Westpac-Melbourne Institute Consumer Sentiment Index slumped by 9% month-on-month in December 2025, sliding back below the 100 mark after briefly returning to positive territory in the previous month. Inflation emerged as the … - [Hong Kong Stocks Remain Under Pressure](https://todaymarkets.ae/hong-kong-stocks-remain-under-pressure/): Hong Kong shares dropped 371 points, or 1.4%, to 25,258 Tuesday morning’s session, extending steep losses from the prior day as all sectors retreated. Risk appetite was pressured by declines in mainland markets after weak November data showed fragile industrial output and retail turnover amid soft external demand and shaky domestic conditions. Local equities neared … - [South Korean Stocks Fall on AI Fears](https://todaymarkets.ae/south-korean-stocks-fall-on-ai-fears/): The benchmark KOSPI fell 1.72% to around 4,020 on Tuesday, extending losses for a second consecutive session as lingering concerns over stretched AI valuations and a renewed tech stock sell-off weighed on sentiment. Investors are shifting their attention to the government’s plan to channel over KRW 30 trillion into AI and other strategic sectors next … - [Treasury Yields Edge Down](https://todaymarkets.ae/treasury-yields-edge-down/): The yield on the US 10-year Treasury note edged down to 4.16% on Monday, but remained close to the September lows reached earlier in the month, as traders braced for a week packed with key, previously delayed economic data releases. Key updates include the jobs report, CPI inflation and retail sales, which should help gauge … - [UK Bond Yields Little Changed, Data, and BoE Eyed](https://todaymarkets.ae/uk-bond-yields-little-changed-data-and-boe-eyed/): The UK 10-year gilt yield remained largely unchanged around 4.5%, as traders prepared for the Bank of England’s monetary policy decision later in the week. The central bank is widely expected to cut the key bank rate by 25 basis points to 3.75%, bringing it to the lowest level since 2022, as rising unemployment and … - [Trade of The Day - USD/JPY](https://todaymarkets.ae/trade-of-the-day-usd-jpy-2/): Facts: Recommendation: Source: xStation5 Opinion After three months of weakness against the dollar, the yen is beginning to regain ground amid crystallising expectations around Japan’s monetary policy and a growing sense that the Bank of Japan is behind the curve in responding to elevated inflation and improving producer sentiment. From early September through the end … - [EUR/USD holds gains ahead of busy week – ING](https://todaymarkets.ae/eur-usd-holds-gains-ahead-of-busy-week-ing/): EUR/USD remains firm as markets brace for a packed week of events, including the European Central Bank (ECB) meeting, EU Council decisions on Ukraine reparations and Mercosur, and key eurozone data releases. Resistance at 1.1750/60 will likely determine whether the pair can test 1.1800, ING’s FX analyst Chris Turner notes. EU Council meeting key for Ukraine loan, Mercosur … - [USD slides Against major currencies – BBH](https://todaymarkets.ae/usd-slides-against-major-currencies-bbh/): The US Dollar (USD) is trading defensively across major currencies, with potential to drift toward the lower end of its June–December range. Markets are closely monitoring Federal Reserve (Fed) speakers Stephen Miran and John Williams for signals on the next policy moves, BBH FX analysts report, BBH FX analysts report. Fed speakers in focus today “USD is … - [USD/CNH trades near recent lows – OCBC](https://todaymarkets.ae/usd-cnh-trades-near-recent-lows-ocbc/): USD/CNH remains pressured near recent lows, weighed by broad USD softness and a low USD/CNY fix. While daily momentum is mildly bearish and RSI approaches oversold levels, a break below 7.0380 could trigger further downside, whereas resistance sits at 7.08. Pair was last seen at 7.0427 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong … - [USD: US data week puts US Dollar in focus – ING](https://todaymarkets.ae/usd-us-data-week-puts-us-dollar-in-focus-ing/): Markets are focused on US macro data and Federal Reserve (Fed) communication, with November NFP expected to show weak job growth and a higher unemployment rate. Softer data or dovish Fed signals could revive expectations for a March rate cut, while Thursday’s European Central Bank (ECB) meeting remains the main external risk for short US … - [USD/JPY consolidates ahead of BOJ meeting – OCBC](https://todaymarkets.ae/usd-jpy-consolidates-ahead-of-boj-meeting-ocbc/): USD/JPY remains range-bound as markets brace for the Bank of Japan’s (BOJ) expected rate hike this week, with a 92% probability priced in. While the dollar’s fate will largely dictate JPY movement, a meaningful JPY recovery hinges on further BOJ guidance and fiscal discipline. Support is seen at 154.40, with resistance around 156 and 157. Pair … - [GBP: Soft UK GDP pressures Sterling – ING](https://todaymarkets.ae/gbp-soft-uk-gdp-pressures-sterling-ing/): Weak UK GDP data has weighed on the pound ahead of a pivotal week featuring jobs data, CPI and a likely Bank of England (BoE) rate cut. While markets still underprice easing and point to EUR/GBP upside next year, extremely bearish sterling positioning raises the risk of a sharp short squeeze on any positive surprise, ING’s FX … - [Eurozone Industrial Growth at 5-Month High](https://todaymarkets.ae/eurozone-industrial-growth-at-5-month-high/): Eurozone industrial production rose 0.8% month-on-month in October 2025, the largest increase since May 2025, up from 0.2% in the previous month and in line with market expectations. Gains were broad-based, led by durable consumer goods (+2.0%), non-durable consumer goods (+1.2%), energy (+1.1%), capital goods (+0.5%), and intermediate goods (+0.3%). Among the Eurozone’s largest economies, … - [German 10-Year Bund Yield Hovers at 9-Month Highs](https://todaymarkets.ae/german-10-year-bund-yield-hovers-at-9-month-highs/): Germany’s 10-year Bund yield held around 2.84% during the final full trading week of the year, hovering near nine-month highs as investors braced for the ECB’s monetary policy decision later in the week. The ECB is widely expected to keep interest rates unchanged for a fourth consecutive meeting, and markets are pricing in roughly a … - [Gold breaks out of consolidation – Société Générale](https://todaymarkets.ae/gold-breaks-out-of-consolidation-societe-generale/): Gold has confirmed a bullish breakout above its multi-week consolidation, signalling a renewed uptrend. Prices may grind higher toward the October high near $4380 and potentially the $4540 projection, while the $4170–$4150 area is now critical support for maintaining upside momentum, Société Générale’s FX analysts note. Bullish trend reasserts itself “Gold has broken above the upper … - [GBP/AUD - Recommendation From MUFG](https://todaymarkets.ae/gbp-aud-recommendation-from-mufg/): MUFG has published a recommendation for the GBPAUD currency pair. MUFG recommends taking a short position on the following conditions: Entry (market): 2.0105Target: 1.9305Stop: 2.0492 MUFG recommends taking a short position on GBPAUD at market price with a target of 1.9305 and a stop loss order placed at 2.0492. Source: xStation5 The material on this … - [Sanofi Under Pressure After FDA Delay And Failed Trials](https://todaymarkets.ae/sanofi-under-pressure-after-fda-delay-and-failed-trials/): Sanofi shares came under significant pressure following the release of negative news regarding tolebrutinib, an innovative drug being developed for the treatment of multiple sclerosis. The company announced that the U.S. Food and Drug Administration will not issue a regulatory decision by the originally planned date of December 28, 2025. A new timeline has not … - [Crypto News - Bitcoin Slides Below $90k, Cryptocurrencues Under Pressure](https://todaymarkets.ae/crypto-news-bitcoin-slides-below-90k-cryptocurrencues-under-pressure/): Last week, despite dovish signals from the Federal Reserve, which initiated technical quantitative easing (QE) and cut interest rates, proved disappointing for both the Nasdaq 100 and Bitcoin. The largest U.S. technology equity index fell by more than 2% over the past five sessions, while Bitcoin declined from above USD 94.5k following the Fed decision … - [China: Domestic demand weakens – Standard Chartered](https://todaymarkets.ae/china-domestic-demand-weakens-standard-chartered/): November IP growth remained solid at 4.8% y/y thanks to an export-growth rebound after the trade deal. Real estate and infrastructure FAI declined deeper; policy makers vowed to stabilise investment. Retail sales of goods softened as policy effect faded, but services sales picked up, Standard Chartered’s economists Hunter Chan and Shuang Ding report. Increased sense … - [USD/MXN resumes downtrend – Société Générale](https://todaymarkets.ae/usd-mxn-resumes-downtrend-societe-generale/): USD/MXN has turned lower again after failing to reclaim its 50-day moving average, breaking beneath consolidation support and reviving bearish momentum. The focus now shifts to downside targets near 17.85–17.60, with rallies likely capped around 18.37, Société Générale’s FX analysts note. Break below consolidation signals weakness “USD/MXN has extended its decline after failing to establish … - [US: Labour demand slipped way before supply – Standard Chartered](https://todaymarkets.ae/us-labour-demand-slipped-way-before-supply-standard-chartered/): NFP likely has been overstated since April 2024 by c.60k per month owing to birth-death adjustments. Actual job growth likely was much weaker in 2024 than the market had initially perceived. Labour demand started to soften months ahead of the immigration crackdown, Standard Chartered’s economists Steve Englander and Dan Pan report. 2024 wasn’t as golden … - [USD/CHF flat lines near 0.7950 as traders await US employment reports](https://todaymarkets.ae/usd-chf-flat-lines-near-0-7950-as-traders-await-us-employment-reports/): USD/CHF holds steady near 0.7960 during the early European session on Monday. However, the potential upside for the pair might be limited as markets turn cautious ahead of key economic data releases later this week. The US employment reports for October and November are due on Tuesday. The US Consumer Price Index (CPI) inflation data will be released … - [Pound Sterling steadies as BoE decision, key UK data loom](https://todaymarkets.ae/pound-sterling-steadies-as-boe-decision-key-uk-data-loom/): The Pound Sterling (GBP) starts the Bank of England’s (BoE) monetary policy week on a cautious note against its major peers. However, the British currency braces for volatility and might face selling pressure this week amid a flurry of economic data releases and strong expectations that the Bank of England (BoE) is expected to cut interest rates by 25 … - [EUR/USD fluctuates near highs in cautious markets ahead of a busy week](https://todaymarkets.ae/eur-usd-fluctuates-near-highs-in-cautious-markets-ahead-of-a-busy-week/): EUR/USD trades with moderate losses, although it remains near 1.1730 at the time of writing, with the 1.1762 multi-month high at a short distance. Investors turn cautious ahead of an array of delayed US macroeconomic releases and the European Central Bank’s (ECB) monetary policy decision. The pair consolidates gains after rallying nearly 2% over the last … - [Gold climbs to seven-week highs on Fed rate cut bets, safe-haven demand](https://todaymarkets.ae/gold-climbs-to-seven-week-highs-on-fed-rate-cut-bets-safe-haven-demand/): Gold price (XAU/USD) rises to seven-week highs to near $4,350 during the early European trading hours on Monday. The precious metal extends its upside amid the prospect of interest rate cuts by the US Federal Reserve (Fed) next year. Lower interest rates could reduce the opportunity cost of holding Gold, supporting the non-yielding precious metal. Additionally, uncertainty and the risk-off … - [U.K. Stocks Start Week on Positive Note](https://todaymarkets.ae/u-k-stocks-start-week-on-positive-note/): London’s FTSE 100 rose 0.5% to near 9,700 on Monday, in line with other European peers, as investors focused on a busy week of economic data, alongside policy decisions from central banks including the Bank of England, which is expected to cut rates. Precious metals miners and retailers led the gains. Endeavour Mining and Fresnillo … - [Chart of The Day - CHN.cash](https://todaymarkets.ae/chart-of-the-day-chn-cash/): Futures on the Hang Seng China Enterprises Index (HSCEI; CHN.cash) fell nearly 0.7%, with sentiment hit by a combination of the recent tech sell-off on Wall Street and a fresh batch of weaker-than-expected Chinese economic data. The ongoing deterioration in the property market continues to weigh on consumer demand and is increasingly spilling over into softer … - [Swiss Producer and Import Deflation Softest in 4 Months](https://todaymarkets.ae/swiss-producer-and-import-deflation-softest-in-4-months/): Switzerland’s producer and import prices fell by 1.6% year-on-year in November 2025, easing slightly from a 1.7% decline in the previous month. The latest figure marked the mildest pace of producer deflation since July, primarily driven by softer decreases in both producer prices (-1.2% vs -1.3% in October) and import prices (-2.5% vs -2.7%). On … - [Economic Calendar - E.U. Industrial Production And Canadian Inflation in Focus](https://todaymarkets.ae/economic-calendar-e-u-industrial-production-and-canadian-inflation-in-focus/): Monday will not be unusually light on macroeconomic releases, although attention will be focused largely outside the United States. After data from Switzerland, investors in Europe will be watching closely the industrial production reading for October. While the data rebounded from the August low in the previous month, it did so far less strongly than expected (1.2% … - [Today Markets - The Week Ahead](https://todaymarkets.ae/today-markets-the-week-ahead-3/): The Week Ahead: Gold within touching distance of record high, as more rate cuts on the cards As we enter a new week, stock market futures are pointing to a higher open and risk sentiment has stabilized, after a selloff in US tech stocks in the second half of last week. European and US futures … - [Iron Ore Tumbles on Regulatory Fears](https://todaymarkets.ae/iron-ore-tumbles-on-regulatory-fears/): Iron ore futures slid to around CNY 750 per ton, with the key steelmaking raw material touching a five-month low after China’s Ministry of Commerce said it would place certain steel products under an export licensing regime starting January 1. The move came as strong Chinese steel exports triggered growing protectionist pushback in overseas markets. … - [Steel Pressured by Regulatory Concerns](https://todaymarkets.ae/steel-pressured-by-regulatory-concerns/): Steel rebar futures remained below CNY 3,060 per ton, hovering near one-month lows after China’s Ministry of Commerce said it would place certain steel products under an export licensing regime starting January 1. The announcement followed a surge in Chinese steel exports that has prompted protectionist responses in overseas markets. China’s steel industry has increasingly … - [Saudi Arabia Inflation Lowest in 11 Months](https://todaymarkets.ae/saudi-arabia-inflation-lowest-in-11-months/): The annual inflation rate in Saudi Arabia eased to 1.9% in November 2025 from 2.1% in October, below the expected 2%, marking the lowest level since December 2024. Price growth slowed mainly for food and beverages (1.3% vs 1.5% in October), housing, water, electricity, gas, and other fuels (4.3% vs 4.5%), and transport (1.5% vs … - [India Wholesale Prices Fall Less than Expected](https://todaymarkets.ae/india-wholesale-prices-fall-less-than-expected/): India’s wholesale prices fell 0.32% year-on-year in November 2025, compared with expectations of a 0.6% decline and following a 1.21% drop in October. This marked the second consecutive monthly decline in wholesale prices, though at a softer pace, after the previous month recorded the steepest fall since July 2023. The softer decline was mainly driven … - [Germany Wholesale Prices Hit 9-Month High](https://todaymarkets.ae/germany-wholesale-prices-hit-9-month-high/): Germany’s wholesale prices rose by 1.5% year on year in November 2025, accelerating from a 1.1% increase in the previous month and marking the highest reading since February. The upturn was mainly driven by higher prices for food, beverages, and tobacco, which increased by 3.2%, particularly for coffee, tea, cocoa, and spices (21.9%), sugar, confectionery, … - [Palm Oil Subdued to Start the Week](https://todaymarkets.ae/palm-oil-subdued-to-start-the-week/): Malaysian palm oil futures were little changed on Monday, hovering near MYR 4,020 per tonne, following a sharp drop in the prior session as bargain hunting emerged after prices slid to a two-week low. Traders continued to assess confirmation from the U.S. Department of Agriculture regarding private export sales of 132,000 metric tons of U.S. … - [New Zealand Shares End Flat](https://todaymarkets.ae/new-zealand-shares-end-flat/): New Zealand’s benchmark S&P/NZX 50 index closed flat at 13,408 on Monday, extending a subdued session from the previous week, as shares of industrial and technology services weighed on the index. Ventia Services dropped 2.4%, while Gentrack Group lost 3.9%. Energy minerals also faced downward pressure, with Channel Infrastructure declining 2.5%. These declines were offset … - [Rupee Continues Record Decline](https://todaymarkets.ae/rupee-continues-record-decline/): The Indian rupee slid past 90.6 per dollar, continuing to set fresh record lows, pressured by the absence of a trade deal with the US amid prolonged negotiations and persistent foreign outflows from local equities and bonds. The currency has fallen 5.5% this year, making it Asia’s worst performer, hurt by steep US tariffs that … - [Copper Pressured by Weak China Data](https://todaymarkets.ae/copper-pressured-by-weak-china-data/): Copper futures hovered around $5.3 per pound on Monday after sliding nearly 3% in the previous session, pressured by disappointing economic data from China, the world’s largest consumer of the metal. November retail sales growth and industrial production fell short of expectations amid subdued domestic demand, while fixed asset investment declined more than forecast. New … - [China 10Y Yield Hits Two-Week Low](https://todaymarkets.ae/china-10y-yield-hits-two-week-low/): China’s 10-year government bond yield fell to below 1.84%, hitting its lowest level in two weeks, as disappointing economic data dampened sentiment. November figures showed momentum cooling, with retail sales growth slowing sharply and falling well short of forecasts, underscoring persistent weakness in consumption. Industrial output also eased slightly from the prior month and missed … - [Yuan Hits 15-Month High Despite Weak Data](https://todaymarkets.ae/yuan-hits-15-month-high-despite-weak-data/): The offshore yuan appreciated to around 7.05 per dollar, hitting its highest level since late September last year despite a raft of disappointing economic data. November figures showed momentum cooling, with retail sales growth slowing sharply and falling well short of forecasts, underscoring persistent weakness in consumption. Industrial output also eased slightly from the previous … - [EUR/USD trades with negative bias around 1.1730 amid recovering USD; downside seems limited](https://todaymarkets.ae/eur-usd-trades-with-negative-bias-around-1-1730-amid-recovering-usd-downside-seems-limited/): The EUR/USD pair kicks off the new week on a softer note, though it remains within striking distance of the highest level since early October, touched last Thursday. Spot prices currently trade around the 1.1730 region, down less than 0.10% for the day. The US Dollar (USD) edges higher during the Asian session on Monday and … - [GBP/USD holds steady above mid-1.3300s as traders await key data and BoE this week](https://todaymarkets.ae/gbp-usd-holds-steady-above-mid-1-3300s-as-traders-await-key-data-and-boe-this-week/): The GBP/USD pair remains on the defensive during the Asian session on Monday, though it lacks bearish conviction and holds above the 200-day Simple Moving Average (SMA) pivotal support. Spot prices currently trade around the 1.3360 region, nearly unchanged for the day. The US Dollar (USD) is looking to build on last week’s modest bounce … - [AUD/USD trades lower around 0.6650 amid unexpectedly weak China data](https://todaymarkets.ae/aud-usd-trades-lower-around-0-6650-amid-unexpectedly-weak-china-data/): The AUD/USD pair trades 0.10% lower to near 0.6645 during the Asian trading session on Monday. The Aussie pair is under pressure as the National Bureau of Statistics of China has reported unexpectedly weak Chinese Retail Sales and Industrial Production data for November. The impact of a dramatic change in Chinese domestic data remains significant on the … - [XAG/USD bounces off 100-hour SMA; sticks to gains near $62.50](https://todaymarkets.ae/xag-usd-bounces-off-100-hour-sma-sticks-to-gains-near-62-50/): Silver (XAG/USD) attracts fresh buyers at the start of a new week and reverses a part of Friday’s retracement slide from the all-time peak, around the $64.65 region. The white metal trades above mid-$62.00s during the Asian session, up 1.25% for the day, and seems poised to prolong its recent well-established uptrend. From a technical perspective, … - [Oil Hovers Near 2-Month Lows](https://todaymarkets.ae/oil-hovers-near-2-month-lows/): WTI crude oil futures rose to $57.6 per barrel on Monday, but remained close to their lowest level in nearly two months amid persistent concerns about oversupply, while investors monitor developments surrounding a new round of Ukraine peace negotiations. President Volodymyr Zelensky met with US President Donald Trump’s top envoys on Sunday for two days … - [Bitcoin Drops Below $90K](https://todaymarkets.ae/bitcoin-drops-below-90k/): Bitcoin slipped below the $90,000 threshold in mid-December, touching a two-week low as a global selloff in technology stocks weighed on risk appetite. The decline was driven by concerns over elevated valuations and aggressive AI related spending, alongside growing uncertainty around the US Federal Reserve’s policy outlook for next year. Additional pressure came from fears … - [Korean Shares Fall on Renewed AI Worries](https://todaymarkets.ae/korean-shares-fall-on-renewed-ai-worries/): The benchmark KOSPI slipped 1.57% to around 4,101 on Monday, pulling back from near one-month highs as renewed concerns over a potential AI bubble dampened sentiment. Investor caution followed Friday’s decline on Wall Street, where US equities slipped after Broadcom issued a weaker-than-expected margin outlook for its AI business. The guidance reignited worries that the … - [Yen Edges Higher Ahead of BOJ Meeting](https://todaymarkets.ae/yen-edges-higher-ahead-of-boj-meeting/): The Japanese yen rose to around 155.5 per dollar on Monday, reversing the previous session’s losses as investors prepared for the Bank of Japan’s policy meeting this week. The central bank is widely expected to raise its policy rate by 25 basis points to 0.75%. Market attention will focus on Governor Kazuo Ueda’s post-meeting remarks … - [South Korean Won Hits Over 8-Month Low](https://todaymarkets.ae/south-korean-won-hits-over-8-month-low/): The South Korean won weakened to around 1,477 per dollar on Monday, marking its lowest level in over eight months amid persistent capital outflows, prompting authorities to signal intervention. The finance ministry and Bank of Korea convened an emergency inter-agency meeting over the weekend to discuss measures to stabilize the won and the broader FX … - [China Stocks Slip on Weak Economic Data](https://todaymarkets.ae/china-stocks-slip-on-weak-economic-data/): Mainland Chinese equities declined on Monday, with the Shanghai Composite falling 0.4% to around 13,200 and the Shenzhen Component dropping 0.6% to 25,800, as disappointing economic data dampened investor sentiment. November figures showed retail sales growth and industrial production falling short of expectations, while fixed asset investment declined more than anticipated. New home prices also … - [Gold Nears Record High](https://todaymarkets.ae/gold-nears-record-high/): Gold prices climbed to around $4,320 per ounce on Monday, approaching an all-time high, as investors awaited a series of key US economic releases this week for further clues on the Federal Reserve’s interest rate trajectory. Attention will mainly be on the jobs report due on Tuesday and the inflation data on Thursday. Last week, … - [Japan 10-Year Yield Rises Ahead of BOJ Meeting](https://todaymarkets.ae/japan-10-year-yield-rises-ahead-of-boj-meeting/): Japan’s 10-year government bond yield climbed 2 basis points to around 1.96% on Monday, rising for the second straight session as investors prepared for the Bank of Japan’s policy meeting this week. The central bank is widely expected to raise its policy rate by 25 basis points to 0.75%. Market attention will also focus on … - [Headwinds Drag on November Economic Activity](https://todaymarkets.ae/headwinds-drag-on-november-economic-activity/): China’s economy remains pressured by weak external conditions, insufficient domestic demand, and operational challenges, the National Bureau of Statistics said, though overall activity stayed broadly stable. In November, official data showed that industrial output rose 4.8% yoy, the least in 15 months, reflecting weaker momentum in manufacturing and utilities. At the same time, retail sales … - [Shares in Hong Kong Drop After Underwhelming China Data](https://todaymarkets.ae/shares-in-hong-kong-drop-after-underwhelming-china-data/): Hong Kong equities fell 228 points, or 0.9%, to 25,746 in early trade on Monday, reversing gains from the prior session as broad-based losses swept across most sectors. Sentiment weakened after fresh data signaled a loss of momentum in China’s economy, with November industrial output rising the least in 15 months and retail sales growth … - [New Zealand Dollar Retreats](https://todaymarkets.ae/new-zealand-dollar-retreats/): The New Zealand dollar fell to around $0.578, retreating from a more than two-month high, after the Reserve Bank signaled it is likely to keep the official cash rate unchanged for some time. Governor Anna Breman said this outlook assumes economic conditions evolve as expected. She added that the forward path published in the November … - [Key Hyperunit whale expands Ethereum position amid weak prices](https://todaymarkets.ae/key-hyperunit-whale-expands-ethereum-position-amid-weak-prices/): A major crypto whale has opened a long position in Ethereum (ETH) worth more than half a billion dollars on the Hyperliquid exchange. According to Arkham Intelligence data, the entity, popularly known as the $10 billion Hyperunit whale, pulled $110 million from Binance on Friday to add to an ETH position now worth over $540 … - [DOGE consolidates despite weakening institutional and retail demand](https://todaymarkets.ae/doge-consolidates-despite-weakening-institutional-and-retail-demand/): Dogecoin (DOGE) is trading marginally above its intraday open of $0.1403 at the time of writing on Friday. Support at $0.1321 has been holding steady since November 20, despite the risk-off sentiment across the cryptocurrency market. The Federal Reserve’s (Fed) decision to cut interest rates by 25 basis points on Wednesday was characterised by a sharp rise in volatility, … - [ETH breaches $3,100 as accumulation and whale buying persist](https://todaymarkets.ae/eth-breaches-3100-as-accumulation-and-whale-buying-persist/): Ethereum price today: $3,090 Ethereum (ETH) saw a 3% decline on Friday, briefly falling below $3,100 despite a strong buying activity across whale and accumulation addresses. Accumulation addresses and whales remained active buyers during ETH’s 45% drawdown Ethereum is seeing one of its strongest accumulation trends. In November alone, accumulation addresses scooped 3.24 million ETH, … - [Ripple, Circle and others receive conditional approval for US banking charter](https://todaymarkets.ae/ripple-circle-and-others-receive-conditional-approval-for-us-banking-charter/): The US Office of the Comptroller of the Currency (OCC) announced on Friday that it has conditionally approved national bank trust charters for several digital asset firms. Ripple and Circle received the approval for their respective entities, Ripple National Trust Bank and First National Digital Currency Bank. Meanwhile, BitGo Bank and Trust, Fidelity Digital Assets, and Paxos … - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week-4/): The final week before the Christmas holidays typically ushers in reduced volatility and the entrenchment of existing trends in financial markets. However, 2026 appears to have different plans. The close of the year will bring a series of crucial, delayed data releases from the United States, alongside two key interest rate decisions from the Eurozone … - [Stock Watch - Rivian Automotive](https://todaymarkets.ae/stock-watch-rivian-automotive/): Rivian Automotive is a manufacturer of electric autonomous vehicles, known as “AEV.”It is a relatively niche and small company, considering the extremely capital-intensive business of car manufacturing, with a market capitalization of “only” 23 billion dollars. The company’s valuations are performing very well in today’s session, despite the poor market sentiment. The company has risen by approximately … - [Markets - Tech Companies Decline](https://todaymarkets.ae/markets-tech-companies-decline/): US100 loses almost 2%🔥Market sentiment has significantly worsened at the end of the week. During Friday’s session, American indices are noticeably losing ground. The leader of the declines is US100, which is down by almost 2%. US500 and US2000 are also falling, but their declines are limited to 1%. At the beginning of the week, … - [Silver - XAG/USD Jumps 10% Weekly - up 120% YTD](https://todaymarkets.ae/silver-xag-usd-jumps-10-weekly-up-120-ytd/): Silver is gained over 1% Friday, registering a 10% increase this week and an extraordinary 120% surge for the year. Silver continues its strong upward momentum in the final session of the week, a phenomenon that cannot be attributed to a single factor. Currently, speculative demand is rising very sharply, although it is primarily visible … - [10-Year Note futures traded lower as 2s/10s spread widened.](https://todaymarkets.ae/10-year-note-futures-traded-lower-as-2s-10s-spread-widened/) - [E-mini S&P 500 futures reversed gains to close lower.](https://todaymarkets.ae/e-mini-sp-500-futures-reversed-gains-to-close-lower/) - [February Gold futures finished higher as safety trade emerged.](https://todaymarkets.ae/february-gold-futures-finished-higher-as-safety-trade-emerged/) - [WTI Crude Oil futures consolidated near 2025 lows.](https://todaymarkets.ae/wti-crude-oil-futures-consolidated-near-2025-lows/) - [British Pound futures tracked weekly gain after GDP miss.](https://todaymarkets.ae/british-pound-futures-tracked-weekly-gain-after-gdp-miss/) - [Central bank decision and November Nonfarm Payrolls ahead.](https://todaymarkets.ae/central-bank-decision-and-november-nonfarm-payrolls-ahead/) - [Nat-Gas Prices Hammered by Forecasts for Above-Average US Temps](https://todaymarkets.ae/nat-gas-prices-hammered-by-forecasts-for-above-average-us-temps/): January Nymex natural gas (NGF26) on Friday closed down by -0.118 (-2.79%). Jan nat-gas prices extended this week’s sharp sell-off on Friday, sinking to a 6-week low.   US weather forecasts calling for warmer-than-normal temperatures across a large part of the country will potentially reduce heating demand and have sparked long liquidation pressures in nat-gas … - [Dollar Strength and Stock Market Weakness Undercut Crude Oil Prices](https://todaymarkets.ae/dollar-strength-and-stock-market-weakness-undercut-crude-oil-prices/): January WTI crude oil (CLF26) on Friday closed down -0.16 (-0.28%), and January RBOB gasoline (RBF26) closed down -0.0077 (-0.44%). Crude oil and gasoline prices moved lower on Friday, with gasoline posting a 4.75-year nearest-futures low.  Friday’s dollar strength weighed on energy prices.  Also, Friday’s stock weakness has dampened optimism about the economic outlook, a … - [Cattle Face Pressure into the Weekend](https://todaymarkets.ae/cattle-face-pressure-into-the-weekend/): Live cattle futures closed Friday with losses of 57 cents to $1.40, as February was $2.40 higher over the week. Cash trade was stronger this week, as most of the country was $230. Feeder cattle futures closed the week with $3.35 to $4.30 losses on Friday, as January was a nickel higher on the week. The … - [Wheat Closes with Friday Losses](https://todaymarkets.ae/wheat-closes-with-friday-losses/): The wheat complex closed Friday with losses. Chicago SRW futures were down 4 to 5 cents in most contracts, as March was down 6 ½ cents on the week. KC HRW futures were 4 to 5 cents on Friday, with March losing 13 ¼ cents since last Friday. MPLS spring wheat was fractionally lower to … - [Soybeans Continue Selling the Fact on Friday with Chinese Buying](https://todaymarkets.ae/soybeans-continue-selling-the-fact-on-friday-with-chinese-buying/): Soybeans fell lower into the weekend, with contracts 15 to 17 cents lower on Friday. Weekly losses were 28 cents in the January contract. The cmdtyView national average Cash Bean price was 17 cents lower at $10.06 1/2. Soymeal futures were 40 cents to $1.80 higher in the front months and lower in the deferreds, with January closing the … - [Corn Falls to Close the Week](https://todaymarkets.ae/corn-falls-to-close-the-week/): Corn futures closed the Friday session with contracts down 4 to 6 cents across most nearbys, as December expired. March settled the week with a 4 cent loss. The CmdtyView national average Cash Corn price was down 5 1/2 cents at $3.96 3/4.  USDA reported private export sales of 250,000 MT of corn during the reporting period … - [Coffee Prices Retreat on the Outlook for Ample Supplies](https://todaymarkets.ae/coffee-prices-retreat-on-the-outlook-for-ample-supplies/): March arabica coffee (KCH26) on Friday closed down -6.90 (-1.83%), and January ICE robusta coffee (RMF26) closed down -84 (-2.00%). Coffee prices fell sharply on Friday, with robusta posting a 2.5-month low.  The outlook for ample coffee supplies is weighing on prices.  Last Thursday, Conab, Brazil’s crop forecasting agency, raised its total Brazil 2025 coffee … - [Cocoa Prices Settle Mixed on Currency Fluctuations](https://todaymarkets.ae/cocoa-prices-settle-mixed-on-currency-fluctuations/): March ICE NY cocoa (CCH26) on Friday closed down -9 (-0.14%), and March ICE London cocoa #7 (CAH26) closed up +58 (+1.29%). Cocoa prices settled mixed on Friday, consolidating this week’s gains.  NY cocoa was under pressure Friday due to a stronger dollar (DXY00), while London cocoa moved higher amid weakness in the British pound … - [Sugar Prices Climb as the Brazilian Real Strengthens](https://todaymarkets.ae/sugar-prices-climb-as-the-brazilian-real-strengthens/): March NY world sugar #11 (SBH26) on Friday closed up +0.25 (+1.68%), and March London ICE white sugar #5 (SWH26) closed up +5.20 (+1.23%). Sugar prices settled sharply higher on Friday, with NY sugar posting a 2-week high and London sugar posting a 1-week high.  Friday’s rally in the Brazilian real (^USDBRL) to a 1-week … - [Cotton Closes the Week with Weakness](https://todaymarkets.ae/cotton-closes-the-week-with-weakness/): Cotton futures closed the Friday session with contracts down 10 to 15 points across most front months, as March was down 10 points on the week. Crude oil futures were down 9 cents per barrel at $57.51, with the US dollar index $0.061 to $98.405. A delayed CFTC report showed a total of 2,086 contracts … - [](https://todaymarkets.ae/13237-2/): Facts: Trade: Long Position (BUY) on PLATINUM at market price. PLATINUM (D1) Source: xStation5Opinion: The price of platinum is currently at its historical highs, but further growth is justified. Technically, the metal has maintained a strong and stable upward trend since mid-2022. Demand is supported by EMA and MACD averages, with only RSI remaining elevated. … - [DAX Gains 0.5%, Lufthansa Surges Almost 5% Amid Kepler Recommendation](https://todaymarkets.ae/dax-gains-0-5-lufthansa-surges-almost-5-amid-kepler-recommendation/): DE40 Index (D1 timeframe) DAX futures are maintaining upward momentum on the last trading session of the week. The main challenge for the bulls today is to push above 24,500 points, which could potentially open the path to new record highs. Source: xStation5 Source: Bloomberg Finance LP Lufthansa shares gain after Kepler Cheuvreux report Lufthansa … - [U.K GDP Disappoints](https://todaymarkets.ae/u-k-gdp-disappoints/): UK GDP negative surprise, as Oracle sinks As we end the week a few themes have emerged that could drive market sentiment as we move through to the end of the year. The UK’s economy is in an even worse position than first thought, the Fed could be done with easing at the same time … - [Trade of The Day - Silver](https://todaymarkets.ae/trade-of-the-day-silver-2/): Silver extended its historic rally this week, reaching a new all-time high near 64.20 dollars per ounce, supported by exceptional strength in both industrial and investment demand. The metal is now in its fifth consecutive year of a structural supply deficit, according to the World Silver Survey 2025. This remains one of the strongest long-term bullish factors for … - [USB at its highest since 2008 as government eases planned capital requirements for the bank](https://todaymarkets.ae/usb-at-its-highest-since-2008-as-government-eases-planned-capital-requirements-for-the-bank/): UBS (UBSG.CH) shares rose sharply after Swiss lawmakers proposed easing planned stringent capital requirements. A key element of the proposal is allowing the bank to use AT1 (Additional Tier 1) bonds instead of issuing new equity (shares) to meet the new safety standards. The government’s earlier plan, pushed by Finance Minister Karin Keller-Sutter, would have required UBS … - [GBP/USD - LSEG Recommendation](https://todaymarkets.ae/gbp-usd-lseg-recommendation/): London Stock Exchange Group | Thomson Reuters LSEG recommends a short position on the pair with the following levels: Entry (market): 1.3385Take Profit: 1.3190Stop Loss: 1.3445     LSEG recommends a short position on GBPUSD with an entry at 1.3385, a target at 1.3190, and a stop loss at 1.3445. Source: xStation5       The material … - [Broadcom Shares Drop 5% Despite Robust Earnings And AI Demand](https://todaymarkets.ae/broadcom-shares-drop-5-despite-robust-earnings-and-ai-demand/): Broadcom (AVGO.US) delivered another exceptionally strong quarter, comfortably outperforming Wall Street expectations and reinforcing its position as the second major beneficiary of the global AI semiconductor boom after Nvidia. Revenue and EPS came in ahead of estimates, but the real story lies in the company’s forward guidance and the accelerating trajectory of AI-related demand. The company … - [U.K. GDP And Manufacturing Lower Than Expected](https://todaymarkets.ae/u-k-gdp-and-manufacturing-lower-than-expected/): UK GDP Estimate 3M/3M: -0.1% (Forecast 0%, Previous 0.1%) German HICP Final YoY: 2.6% vs 2.6% exp. and 2.6% previously (0.5% monthly vs 0.5% exp. and 0.5% previously) EURGBP ticked slightly higher after lower than expected UK GDP reading. Source: xStation5 The material on this page does not constitute financial advice and does not take into … - [Gold Climbs to Two-Week High](https://todaymarkets.ae/gold-climbs-to-two-week-high/): Gold rose more than 1% to around $4,050 per ounce on Monday, reaching a two-week high amid mounting concerns over the US economy. The yellow metal also benefited from a pullback in the dollar, which makes dollar-denominated commodities cheaper for foreign buyers. On Friday, the University of Michigan’s consumer sentiment index fell to its lowest … - [Dollar Steadies as Govt Shutdown Nears End](https://todaymarkets.ae/dollar-steadies-as-govt-shutdown-nears-end/): The dollar index steadied around 99.6 on Monday after falling for three straight sessions, buoyed by signs that a deal may be emerging to end the record-long government shutdown. Senate Majority Leader John Thune said Sunday that a federal budget agreement is taking shape, potentially reopening the government through January and reversing some recent federal … - [Yen Weakens on Stimulus Expectations](https://todaymarkets.ae/yen-weakens-on-stimulus-expectations/): The Japanese yen depreciated toward 154 per dollar on Monday, nearing nine-month lows amid expectations that the new administration will push for a massive stimulus package and support accommodative monetary policy. A draft outline of the plan indicated that Prime Minister Sanae Takaichi’s government will urge the central bank to prioritize strong economic growth alongside … - [Hong Kong Stocks Trade Higher to Begin the Week](https://todaymarkets.ae/hong-kong-stocks-trade-higher-to-begin-the-week/): Hong Kong shares increased 115 points, or 0.4%, to 26,352 in Monday morning trade, rebounding from prior losses as consumer and property stocks led gains. Sentiment improved after China’s October consumer prices unexpectedly rose 0.2% yoy, the first gain since June, fueled by holiday spending and expanded trade-in programs. Producer prices also declined at the … - [South Korean Shares Rally on Risk-On Mood](https://todaymarkets.ae/south-korean-shares-rally-on-risk-on-mood/): The KOSPI Composite Index rallied nearly 3% to above 4,050 on Monday, recovering more than half of the losses from last week as global risk sentiment improved amid hopes for an end to the record-long US government shutdown. Last week, global stocks came under pressure, with technology shares bearing the brunt due to mounting concerns … - [China Stocks Fall for Second Session](https://todaymarkets.ae/china-stocks-fall-for-second-session/): The Shanghai Composite fell 0.1% to around 3,995 while the Shenzhen Component lost 0.4% to 13,350 on Monday, with mainland stocks sliding for the second straight session as stronger-than-expected inflation data dampened hopes for near-term policy support. Data released over the weekend showed that consumer prices in China unexpectedly rose 0.2% in October, rebounding from … - [US 10-Year Yield Rises as Govt Shutdown Nears End](https://todaymarkets.ae/us-10-year-yield-rises-as-govt-shutdown-nears-end/): The 10-year Treasury yield climbed 3 basis points to around 4.13% on Monday amid signs that a deal may be emerging to end the record-long government shutdown. Senate Majority Leader John Thune said Sunday that a federal budget agreement is taking shape, potentially reopening the government through January and reversing some recent federal layoffs. Reports … - [Japan 10-Year Yield Edges Higher](https://todaymarkets.ae/japan-10-year-yield-edges-higher/): Japan’s 10-year government bond yield climbed to 1.69%, approaching 17-year highs, as the Bank of Japan’s October Summary of Opinions indicated policymakers see the next rate hike on the horizon, closely monitoring domestic wage trends. Markets are now weighing the possibility of a move in December or January, depending on whether corporate earnings and executive … - [DAX40- German Index Below 100 Day EMA](https://todaymarkets.ae/dax40-german-index-below-100-day-ema/): The first phase of this week’s final session on the European stock exchange brings significant declines in all local stock indices. The U50 contract is down 0.92%, while the DE40 is down 1.06%. Importantly, the German D40 is breaking below a key support zone, possibly paving the way for deeper sell-offs. Source: xStation Current volatility … - [A Weak Start to November For Global Stocks](https://todaymarkets.ae/a-weak-start-to-november-for-global-stocks/): Global stock indices are heading towards a weekly loss after pockets of volatility have knocked market sentiment. The S&P 500 is lower by 1.5% in the last 5 trading sessions, and if this persists then the US blue chip index could experience its first weekly loss in a month. Fears about high AI stock valuations … - [Trade of The Day - EUR/USD](https://todaymarkets.ae/trade-of-the-day-eur-usd/): Facts Recommendation Long position on EURUSD at market price Opinion The EURUSD has been under heavy selling pressure recently, but the chart now shows early signs of stabilization. The pair rebounded after touching the 200-day exponential moving average (EMA 200) — marked in red on the chart. Recent European PMI data exceeded expectations, while the ongoing U.S. government shutdown and the highest number of … - [More Expesive Chips And Devices, TSMC Set to Increase Prices](https://todaymarkets.ae/more-expesive-chips-and-devices-tsmc-set-to-increase-prices/): Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has announced an 8 to 10 percent increase in prices for its most advanced processors, effective from 2026. The changes will affect chips used in flagship smartphones, high-performance computers, and artificial intelligence systems, including Apple processors and key chips from major Android manufacturers. The largest cost … - [Bullish Hensoldt on Backlog And Growth Plans](https://todaymarkets.ae/bullish-hensoldt-on-backlog-and-growth-plans/): Hensoldt shares are rising following the publication of results for the first nine months of 2025, in which the company revealed a record order backlog and confirmed its strong position in the defense and technology sectors. The record backlog of €7.1 billion provides solid revenue visibility for the coming years and demonstrates that Hensoldt is capable of … - [Bitcoin - Technical Analysis](https://todaymarkets.ae/bitcoin-technical-analysis/): Bitcoin’s price has recently fallen to around $100,000, where it encountered buying interest and initially recovered, rising to approximately $104,000. However, following declines on Wall Street yesterday, Bitcoin dropped again toward $101,000, and we now see that the bearish sentiment persists across the broader cryptocurrency market. Looking at previous correction patterns, we can observe that each pullback has been very … - [China Trade Surplus Smallest in 8 Months](https://todaymarkets.ae/china-trade-surplus-smallest-in-8-months/): China’s trade surplus came in at USD 90.07 billion in October, smaller than expectations of USD 95.6 billion and below the USD 95.72 billion recorded in the same month last year. It marked the smallest trade surplus since February, as exports unexpectedly fell while imports rose. Exports fell 1.1% yoy, missing forecasts for a 3% … - [Offshore Yuan Falls on Disappointing Trade Data](https://todaymarkets.ae/offshore-yuan-falls-on-disappointing-trade-data/): The offshore yuan weakened to around 7.12 per dollar on Friday, reversing gains from the previous session as China’s unexpected export contraction weighed on an economy facing a year-end slowdown. Exports fell for the first time in eight months in October 2025, reaching its lowest level since February, with shipments to the US plunging for … - [New Zealand Stocks Rebound](https://todaymarkets.ae/new-zealand-stocks-rebound/): New Zealand’s benchmark S&P/NZX 50 index rose 0.2% to end at 13,599 on Friday, rebounding from the prior session’s losses, with utility and healthcare stocks leading the gains. Market sentiment remained supported by expectations of further policy easing from the Reserve Bank of New Zealand, after soft labor market data earlier this week strengthened the … - [GBP/USD extends much-needed recovery as Cable recovers 1.31](https://todaymarkets.ae/gbp-usd-extends-much-needed-recovery-as-cable-recovers-1-31/): GBP/USD climbed on Thursday, driven into the high side by over-extended bearish price action that has plagued the pair, as well as a surprisingly close Bank of England (BoE) vote on interest rate moves that gave investors hope that the BoE might be moving to support the UK’s flagging economy despite still-high inflation metrics. The BoE’s … - [WTI drifts higher above $59.50 on weaker US Dollar, fears of oil glut might cap its upside](https://todaymarkets.ae/wti-drifts-higher-above-59-50-on-weaker-us-dollar-fears-of-oil-glut-might-cap-its-upside/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.60 during the Asian trading hours on Friday. The WTI recovers some lost ground on the weaker US Dollar (USD). However, the potential upside might be limited amid increasing excess supply concerns. Traders’ concerns increase about surplus oil flooding the market, weighing on the WTI price. Data … - [XAG/USD rises to near $48.50 as Fed rate cut bets increase](https://todaymarkets.ae/xag-usd-rises-to-near-48-50-as-fed-rate-cut-bets-increase/): Silver price (XAG/USD) gains ground after recovering losses registered in the previous session, trading around $48.40 per troy ounce during the Asian hours on Friday. The non-interest-bearing Silver attracts buyers after soft United States (US) Challenger Job Cuts data increased the likelihood of the Federal Reserve (Fed) delivering a 25-basis-point rate cut in December. Challenger, Grey & Christmas … - [Gold draws support from safe-haven flows and Fed rate cut bets](https://todaymarkets.ae/gold-draws-support-from-safe-haven-flows-and-fed-rate-cut-bets/): Gold (XAU/USD) attracts fresh buyers following the previous day’s late pullback from the vicinity of the weekly high and trades around the $4,000 psychological mark during the Asian session on Friday. Concerns about the economic fallout from a prolonged US government shutdown, along with the uncertainty over the legality of US President Donald Trump’s tariffs, temper … - [EUR/JPY loses traction to near 176.50 despite ECB’s cautious stance](https://todaymarkets.ae/eur-jpy-loses-traction-to-near-176-50-despite-ecbs-cautious-stance/): The EUR/JPY cross loses ground around 176.60 during the Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar on minutes of the Bank of Japan’s (BoJ) September policy meeting and verbal intervention from Japanese officials. Minutes from the Bank of Japan’s (BoJ) September meeting revealed on Wednesday that an increasing number … - [Australian Dollar remains subdued following China’s Trade Balance data](https://todaymarkets.ae/australian-dollar-remains-subdued-following-chinas-trade-balance-data/): Australian Dollar (AUD) declines against the US Dollar (USD) on Friday, extending its losses for the second successive session. The AUD/USD pair loses ground as China’s Trade Balance arrived at CNY640.4 billion for October, narrowing from the previous figure of CNY645.47 billion. China’s Exports fell 0.8% year-over-year (YoY) in October against 8.4% in September. Meanwhile, imports rose … - [NZD/USD drifts lower below 0.5650 as China’s Trade Surplus narrows in October](https://todaymarkets.ae/nzd-usd-drifts-lower-below-0-5650-as-chinas-trade-surplus-narrows-in-october/): The NZD/USD pair attracts some sellers near 0.5620 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after a narrowing of China’s trade surplus in October and a weak New Zealand jobs report. Traders brace for the flash U-Mich Consumer Sentiment survey later on Friday. Data released … - [USD/CAD remains above 1.4100 near six-month highs despite Fed rate cut odds](https://todaymarkets.ae/usd-cad-remains-above-1-4100-near-six-month-highs-despite-fed-rate-cut-odds/): USD/CAD continues its winning streak that began on October 30, trading around 1.4120 during the Asian hours on Friday. The pair remains near the six-month high of 1.4140, reached on November 5, as the US Dollar (USD) rebounds after posting losses in the previous session. Traders will likely observe the preliminary Michigan Consumer Sentiment Index data … - [Japanese Yen consolidates as BoJ rate hike uncertainty persist after weak data](https://todaymarkets.ae/japanese-yen-consolidates-as-boj-rate-hike-uncertainty-persist-after-weak-data/): The Japanese Yen (JPY) is seen consolidating the previous day’s strong gains against its American counterpart and oscillating in a range during the Asian session on Friday amid mixed cues. Against the backdrop of Japan’s new Prime Minister Sanae Takaichi’s pro-stimulus stance, the disappointing release of Japan’s Household Spending data fueled speculations that the Bank … - [Cattle Extend Weakness](https://todaymarkets.ae/cattle-extend-weakness/): Live cattle futures were down 85 cents to $1.75 in the nearbys on Thursday. The Thursday morning Central Stockyards Fed Cattle online auction showed no sales on the 1,228 head offered, with bids at $226-228. Outside of that, Northern sales have been reported at $230-230.50, with $232 Southern sales this week. Feeder cattle fell lower … - [Wheat Sees Selling as Bears Sold the Fact](https://todaymarkets.ae/wheat-sees-selling-as-bears-sold-the-fact/): The wheat market sold the fact of China purchases on Thursday, with losses across most contracts. CBT soft red wheat futures were 18 to 20 cents in the red across most contracts.  KC HRW futures fell 16 to 18 cents in the front months on Thursday. MPLS spring wheat futures were mixed, with nearby December … - [Soybeans Collapse](https://todaymarkets.ae/soybeans-collapse/): Soybeans were falling for much of the Thursday session with contracts closing 24 to 28 cents in the red. There were another 377 deliveries issued overnight, taking the total to 1,470 for the month. The cmdtyView national average Cash Bean price was 26 3/4 cents lower at $10.34. Soymeal futures were down $9.80 to $12.50 in the front months, … - [Corn Falls Back](https://todaymarkets.ae/corn-falls-back/): Corn futures posted losses of 6 to 7 cents across the nearbys to close out the Thursday session. The CmdtyView national average Cash Corn price was down 6 1/4 cents to $3.89 3/4.  China reportedly purchased a cargo of US sorghum overnight. Analysts estimated that US exporters sold 0.8-2 MMT of corn in the week ending on … - [Coffee Prices Sharply Lower on Brazil Rains and Robust Vietnam Exports](https://todaymarkets.ae/coffee-prices-sharply-lower-on-brazil-rains-and-robust-vietnam-exports/): December arabica coffee (KCZ25) on Thursday closed down -16.85 (-4.07%), and January ICE robusta coffee (RMF26) closed down -156 (-3.33%). Coffee prices sold off sharply on Thursday, with robusta falling to a 1-week low.  Forecasts of steady showers over the next week in Brazil have eased concerns over dry conditions and hammered arabica coffee prices. … - [Cocoa Prices Retreat as the Supply Outlook Improves](https://todaymarkets.ae/cocoa-prices-retreat-as-the-supply-outlook-improves/): December ICE NY cocoa (CCZ25) on Thursday closed down -211 (-3.30%), and December ICE London cocoa #7 (CAZ25) closed down -141 (-3.08%). Cocoa prices settled sharply lower for a second day on Thursday amid expectations of a bumper cocoa crop in West Africa.  Reports from Ivory Coast cocoa farmers stated that cocoa trees are doing … - [Sugar Prices Gain on Short Covering as the Brazilian Real Rallies](https://todaymarkets.ae/sugar-prices-gain-on-short-covering-as-the-brazilian-real-rallies/): March NY world sugar #11 (SBH26) on Thursday closed up +0.08 (+0.57%), and December London ICE white sugar #5 (SWZ25) closed up +0.20 (+0.05%). Sugar prices recovered from early losses and moved higher on Thursday as strength in the Brazilian real sparked short covering in sugar futures.  The real (^USDBRL) climbed to a 4-week high … - [Chart of The Day - GOLD](https://todaymarkets.ae/chart-of-the-day-gold-4/): Gold has surged back above $4,000 per ounce, reaching its highest level since the start of the week. The price increase is largely attributable to heightened turbulence across financial markets and growing uncertainty surrounding the US economy. While the recent ADP and ISM reports indicated strong data, today’s Challenger report showed a significant increase in the number of planned … - [Rheinmetall Earnings - Investors Welcome Soaring Sales](https://todaymarkets.ae/rheinmetall-earnings-investors-welcome-soaring-sales/): The German group Rheinmetall published its results today. The European arms manufacturer has seen spectacular growth in revenues and valuations in recent quarters. Riding the wave of massive increases in military spending by European countries, the company’s valuations are reaching record after record. Investor expectations are growing, and valuation metrics leave little room for error … - [BOE Review](https://todaymarkets.ae/11490-2/): BOE’s dovish hold, as December rate cut bets surge The Bank of England voted to keep rates on hold today, but there could be rate cuts coming as soon as next month. The most interesting part of this meeting was the vote split, which was 5-4 in favour of remaining on hold. Also, for the … - [Trade of The Day - NZD/CAD](https://todaymarkets.ae/trade-of-the-day-nzd-cad/): Facts:NZDCAD has been trading in a downward trend from the end of OctoberThe pair bounced off the key horizontal resistance at 0.7995 Recommendation: Trade: Short position on NZDCAD at market priceTarget: 0.7953, 0.7932Stop: 0.8005 Opinion: NZDUSD has been trading in a downward trend recently. However, local upward correction  started this week. Looking at the H4 time frame, … - [Rice Futures Hit 2018-Lows](https://todaymarkets.ae/rice-futures-hit-2018-lows/): Rice futures continued their decline to trade just below $10 per hundredweight, reaching the lowest since September 2018, amid expectations of global oversupply. Supply remains abundant due to bumper harvests in major Asian exporters, particularly India, which experienced its strongest monsoon in five years. In other countries such as China, Thailand, Indonesia and Vietnam, stocks … - [DXY Falls Below the 100 Threshold](https://todaymarkets.ae/dxy-falls-below-the-100-threshold/): The dollar index eased to below the 100 threshold on Thursday, easing from the five-month high of 100.3 in the prior session after alarming labor data aligned with the argument for a rate cut by the Federal Reserve this month. Challenger job cuts tripled from the previous month in October with firms citing softer consumer … - [US Futures Edge Up](https://todaymarkets.ae/us-futures-edge-up/): US futures edged higher on Thursday, with the three major indexes up around 0.1%, extending gains from the previous session. Traders continued to weigh the outlook for AI stocks and fresh corporate updates, while expectations for a Fed rate cut next month strengthened following the latest Challenger report. According to the report, US companies announced … - [UK 10-Year Gilt Yield Falls as BoE Hints at Further Easing](https://todaymarkets.ae/uk-10-year-gilt-yield-falls-as-boe-hints-at-further-easing/): The UK 10-year gilt yield slipped to 4.43% after the Bank of England left interest rates unchanged but signaled that policy easing may be on the horizon. Policymakers voted 5–4 to maintain the Bank Rate at 4%, noting that inflation has likely peaked. The close split, with four members backing a 25 bps cut to … - [FTSE 100 Holds Losses after BoE](https://todaymarkets.ae/ftse-100-holds-losses-after-boe/): The FTSE 100 slipped slightly on Thursday as mixed earnings weighed on sentiment following the Bank of England’s policy decision. The BoE held rates at 4% in a razor-thin vote, signaling that a December cut is possible if inflation continues to ease. Smith & Nephew tumbled more than 11% after a minor revenue miss, and … - [Zinc Eases from 1-Year High](https://todaymarkets.ae/zinc-eases-from-1-year-high/): Zinc futures in the UK eased to $3,060 per tonne from the near one-year high of $3,310 from November 3rd, tracking a broad pullback for base metals as soft manufacturing PMIs in China and the US pressed against industrial sentiment. Still, reductions in zinc refining capacity maintained most of the metal’s rally since April. Refined … - [October US Job Cuts Reach 22-Year High](https://todaymarkets.ae/october-us-job-cuts-reach-22-year-high/): US-based employers announced 153,074 job cuts in October 2025, the highest total for the month since 2003, and the highest total for a single month in the fourth quarter since 2008. It compares with 54,064 in September. Most layoffs occurred in the warehousing (47,878), tech (33,281), food (10,662) and government (7,883) sectors. “October’s pace of … - [Economic Calendar - BOE Rate Decision in Focus](https://todaymarkets.ae/economic-calendar-boe-rate-decision-in-focus/): The macroeconomic calendar is heavily populated today, with the Bank of England (BoE) interest rate decision serving as the key market focal point. Earlier data releases included Japanese wage growth, Australia’s trade balance, Swedish inflation, and German industrial production. Besides the scheduled publications, investors will hear from several central bankers attending the ECB-hosted conference. Data from Germany proved very … - [German Industrial Production Lower Than Expected](https://todaymarkets.ae/german-industrial-production-lower-than-expected/): Germany Industrial Production for September: 1.3% MoM (forecast: 3.0% MoM; prior: -4.3% MoM) Germany Indsutrial Production Year-over-Year SA: -1,0% (forecast: 0.1%; prior: -4.2%) Data showed that industrial production in Germany rebounded much smaller than expected in September, after huge decrease in August which was the highest since March 2022. Another report shows that Germany still … - [ARM Reports Record Quartely Results](https://todaymarkets.ae/arm-reports-record-quartely-results/): ARM Holdings Plc shares are rising in pre-market trading after the company reported record quarterly results, driven by strong demand for processors in data centers, artificial intelligence (AI), and mobile devices. Key figures for ARM’s Q3 2025 results: Results and business model The company’s latest report, together with recent statements from management, highlights a period … - [Today Markets - BOE Preview](https://todaymarkets.ae/today-markets-boe-preview/): BOE preview: Bank likely on hold, but chorus calling for a cut get louder This is a busy week for the UK. There has been a large amount of corporate news, then the Chancellor Rachel Reeves paved the way for tax rises at this month’s budget. However, the main event this week is the Bank … - [China to Drop Duties on US Optical Fiber Imports](https://todaymarkets.ae/china-to-drop-duties-on-us-optical-fiber-imports/): China will remove tariffs on certain US optical fiber imports starting November 10, according to an announcement by the Ministry of Commerce on Wednesday. The decision comes amid easing trade tensions between Washington and Beijing. “Following the implementation of these measures, and given the changes in the trade environment, the Ministry of Commerce proposed to … - [Aussie Dollar Holds Ground on Robust Trade Data](https://todaymarkets.ae/aussie-dollar-holds-ground-on-robust-trade-data/): The Australian dollar steadied around $0.651 on Thursday, holding its recent gain, as stronger-than-expected trade data supported sentiment. Australia’s trade surplus widened sharply to AUD 3.94 billion in September from a revised AUD 1.11 billion in August, beating forecasts of AUD 3.85 billion. The improvement was driven by a 7.9% jump in exports, led by … - [Japan Services PMI Revised Upward](https://todaymarkets.ae/japan-services-pmi-revised-upward/): The S&P Global Japan Services PMI came in at 53.1 in October 2025, above the flash estimate of 52.4 but slightly below September’s 53.3, signaling a continued expansion in the services sector. New orders rose at the slowest pace in 16 months, while foreign demand declined further, though the rate of contraction eased to a … - [Australia Exports Rebound in September](https://todaymarkets.ae/australia-exports-rebound-in-september/): Australia’s goods exports rose 7.9% mom to AUD 44.58 billion in September 2025, rebounding from an upwardly revised 8.7% decline in August. The recovery was largely driven by a 62.2% surge in non-monetary gold shipments to AUD 5.34 billion, amid soaring prices, recovering from a 47.2% plunge in August. Exports of non-rural goods increased 3.7% … - [Oil Hovers at Two-Week Low](https://todaymarkets.ae/oil-hovers-at-two-week-low/): WTI crude oil futures hovered below $60 per barrel on Thursday, holding a two-day decline to a two-week low, as a large inventory build amplified concerns about oversupply. Government data showed that US crude stocks surged by more than 5 million barrels last week, marking the biggest increase since July. However, US gasoline inventories fell … - [Dollar Eases as Risk Appetite Improves](https://todaymarkets.ae/dollar-eases-as-risk-appetite-improves/): The dollar index slipped to around 100 on Thursday, retreating from over five-month highs as stronger risk sentiment curbed demand for the safe-haven currency. Still, upbeat US economic data and the Federal Reserve’s cautious stance on further policy easing lent support to the greenback. The ADP report showed that US private employers added more jobs … - [South Korean Stocks Climb on Big-Cap Gains](https://todaymarkets.ae/south-korean-stocks-climb-on-big-cap-gains/): The benchmark KOSPI rose 0.54% to around 4,026 on Thursday, trimming losses from previous sessions as large-cap stocks rebounded following a sharp sell-off, buoyed by overnight gains on Wall Street. Notable gains were SK Hynix (2.42%), LG Energy Solution (4.96%), and KB Financial Group (4.36%), while Samsung Electronics (-0.60%) and Doosan Enerbility (-3.95%) posted losses. … - [Yen Rises Amid Firm Wage Data](https://todaymarkets.ae/yen-rises-amid-firm-wage-data/): The Japanese yen strengthened past 154 per dollar on Thursday, recovering from the previous session’s losses as steady wage growth reinforced expectations that the Bank of Japan will stay on its tightening path. Nominal wages rose 1.9% in September, up from a 1.5% gain in August, supported by stable base pay and a modest rise … - [Hong Kong Stocks Rally on Wall Street Rebound](https://todaymarkets.ae/hong-kong-stocks-rally-on-wall-street-rebound/): Hong Kong equities climbed 309 points, or 1.2%, to 26,245 in early Thursday trading, rebounding from a muted close in the prior session amid broad-based sector gains. Sentiment improved after Wall Street bounced back overnight, as upbeat U.S. private payrolls data helped ease concerns over stretched AI valuations. Mainland shares also rose further after Premier … - [China Stocks Rise for Second Day](https://todaymarkets.ae/china-stocks-rise-for-second-day/): The Shanghai Composite climbed 0.5% to around 3,990 while the Shenzhen Component advanced 1.2% to 13,380 on Thursday, marking a second straight session of gains as a rebound on Wall Street overnight lifted global risk appetite. Investors also awaited China’s October trade and inflation data due later this week for signals on economic momentum, even … - [Gold Holds Around $3,980](https://todaymarkets.ae/gold-holds-around-3980/): Gold prices traded around $3,980 per ounce on Thursday, moving within a tight range near a four-week low as investors continued to scale back bets on US rate cuts. US private payrolls rose by 42,000 in October, exceeding forecasts of a 25,000 increase, while the ISM Services PMI climbed to an eight-month high. The figures … - [Cattle Close with Limit Losses Across the Board](https://todaymarkets.ae/cattle-close-with-limit-losses-across-the-board/): Live cattle futures fell the $7.25 limit on Wednesday as longs continue to flood the exits. The Central Stockyards Fed Cattle online auction showed no sales on the 1,228 head offered, with bids at $228-230.50. Outside of that, Northern sales were reported at 230-230.50, with $232 Southern sales. Feeder cattle posted the $9.25 limit losses … - [Winter Wheat Leads the Bulls](https://todaymarkets.ae/winter-wheat-leads-the-bulls/): The wheat market saw mixed action on Wednesday with contracts tallying in the winter wheats. CBT soft red wheat futures were up 4 to 6 cents at the close.  KC HRW futures saw gains of 3 to 5 cents across most contracts. MPLS spring wheat futures closed the Wednesday session with contracts down a penny. … - [Corn Rallies, Helped by Record Ethanol Output](https://todaymarkets.ae/corn-rallies-helped-by-record-ethanol-output/): Corn futures pushed higher into the close on Wednesday with contracts up 3 to 5 cents across the front months. A record ethanol grind number helped. The CmdtyView national average Cash Corn price was up 3 ½ cents to $3.96.  EIA reported ethanol production at a record 1.123 million barrels per day, up 32,000 bpd from the … - [Soybeans Bulls Push Back Higher](https://todaymarkets.ae/soybeans-bulls-push-back-higher/): Soybeans posted double digit rebounds on Wednesday, with contracts up 11 to 15 cents at the close. There were another 5 deliveries issued overnight, taking the total to 1,093 for the month. The cmdtyView national average Cash Bean price was 13 1/4 cents higher at $10.60 3/4. Soymeal futures were back up $4.40 to $7.40 on the day, with Soy … - [Global Weather Risks Underpin Coffee Prices](https://todaymarkets.ae/global-weather-risks-underpin-coffee-prices/): December arabica coffee (KCZ25) on Wednesday closed up +8.35 (+2.06%), and January ICE robusta coffee (RMF26) closed up +5 (+0.11%). Coffee prices moved higher on Wednesday, with arabica up sharply at a 1.5-week high.  Concerns that adverse weather events worldwide will disrupt global coffee production are underpinning coffee prices.  Somar Meteorologia reported Monday that Brazil’s … - [Cocoa Prices Pressured by Expectations of a Bumper Crop in West Africa](https://todaymarkets.ae/cocoa-prices-pressured-by-expectations-of-a-bumper-crop-in-west-africa/): December ICE NY cocoa (CCZ25) on Wednesday closed down -204 (-3.09%), and December ICE London cocoa #7 (CAZ25) closed down -189 (-3.97%). Cocoa prices fell sharply on Wednesday amid expectations of a bumper cocoa crop in West Africa.  Reports from Ivory Coast cocoa farmers stated that cocoa trees are doing well, and recent dry weather … - [Stronger Sugar Output in India Knocks Sugar Prices Lower](https://todaymarkets.ae/stronger-sugar-output-in-india-knocks-sugar-prices-lower/): March NY world sugar #11 (SBH26) on Wednesday closed down -0.11 (-0.77%), and December London ICE white sugar #5 (SWZ25) closed down -0.70 (-0.17%). Sugar prices retreated on Wednesday, with NY sugar posting a 5-year nearest-futures low.  Signs of a larger sugar crop in India, the world’s second-largest producer, are undercutting prices after the India … - [Cotton futures saw mixed trade ](https://todaymarkets.ae/cotton-futures-saw-mixed-trade/): Cotton futures saw mixed trade on Wednesday, with contracts down 2 to 3 cents higher at the close. Crude oil futures were down 96 cents/barrel to $59.60 in the day, with the US dollar index down $0.065 to $100.005. The Tuesday online auction from The Seam showed 729 bales sold with an average price of … - [McDonald's shares rise 3% after Reporting It's Q3 Results](https://todaymarkets.ae/mcdonalds-shares-rise-3-after-reporting-its-q3-results/): McDonald’s shares rise 3% after the company reported mixed results for its third quarter of 2025. Investors are viewing the comparable sales performance positively in an environment where the sector is struggling to grow. Key figures from McDonald’s Q3 2025 results McDonald’s holds its own in a challenging market environment McDonald’s shares rose at the … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-3/): The EUR/USD pair is currently trading at around 1.1481 USD per euro. The market is being shaped by multiple factors from both Europe and the US. Despite positive signals from the eurozone economy, the dominant strength of the dollar and key macroeconomic data from the US are setting the tone for trading. Additionally, the ongoing US … - [Arista Networks (ANET.US)  Drops 12% Despite Solid Earnings](https://todaymarkets.ae/arista-networks-anet-us-drops-12-despite-solid-earnings/): Despite stronger-than-expected revenue and profit in Q3 2025, shares of Arista Networks (ANET.US) — a leader in network switches and software for data centers — fell roughly 12% in the initial market reaction. Below are the key highlights from Arista’s third-quarter 2025 report. Year-to-date, the stock remains up over 40%, having rebounded nearly 60% since its April low. The decline reflects the … - [European Stocks Under Tech Pressure](https://todaymarkets.ae/european-stocks-under-tech-pressure/): European stocks start Wednesday, November 5, 2025, lower, following a correction in the U.S. market, where technology shares are sharply down. The German DAX index is down around 0.5%, the French CAC 40 falls 0.2%, and the British FTSE 100 about 0.1%. Weakness in the European market continues the trend from the U.S. and Asia, where investors are … - [BMW Margins in Q3 Higher Than Expected](https://todaymarkets.ae/bmw-margins-in-q3-higher-than-expected/): The BMW Group (BMW.DE) reported solid results for the third quarter of 2025 with pre-tax profit of €2.329 billion (compared to €838 million in Q3 2024), representing an increase of 178%. Revenue remained at the previous year’s level of €32.314 billion. For the first nine months of 2025, revenues fell by 5.6% to €99.999 billion, while … - [Trade of The Day - AUD/USD](https://todaymarkets.ae/trade-of-the-day-aud-usd-2/): Facts: Recommendation: Trade: Short position on AUDUSD at market priceTarget: 0.6465, 0.6447Stop: 0.6508 Opinion: AUDUSD has been trading in a downward move recently. Looking at the H1 interval, one can see that the price bounced off the key 0.6500 resistance area. The red area near the 0.6500 handle on the chart below is marked with previous … - [Commodity Talk - Oil, NATGAS, Gold And Cocoa](https://todaymarkets.ae/commodity-talk-oil-natgas-gold-and-cocoa/): Oil Oil inventories are markedly below last year’s levels and the five-year minimum. Weak US stocks, despite the global surplus, suggest high net exports, potentially narrowing the WTI/Brent spread. Source: Bloomberg Finance LP, XTB. Seasonality indicates a local trough in the oil market in late November. Source: Bloomberg Finance LP, XTB. Gold ETFs continue to sell gold, albeit at … - [CAC 40, DAX And FTSE Move Lower](https://todaymarkets.ae/cac-40-dax-and-ftse-move-lower/): CAC 40 Slides to Three-Week Low The CAC 40 fell 1.2% on Tuesday to around 8,010 points, marking its lowest level since October 14. The French benchmark extended the previous session’s losses, erasing part of October’s 2.9% gain, its strongest monthly performance since January 2025, as a broader risk-off sentiment spread across global markets. Investor … - [UK Yields Dip as Reeves Flags Tough Choices](https://todaymarkets.ae/uk-yields-dip-as-reeves-flags-tough-choices/): The UK 10-year gilt yield dipped to 4.39% before edging back above 4.40%, staying close to its lowest level since December 2024. Investors weighed Finance Minister Rachel Reeves’ pre-budget remarks while awaiting the Bank of England’s policy announcement on Thursday. In a rare speech just three weeks before the November budget, Reeves cautioned that the … - [US Futures Sharply Lower](https://todaymarkets.ae/us-futures-sharply-lower/): US futures traded sharply lower on Tuesday, with contracts on the S&P 500 down 1.1%, the Nasdaq 100 falling 1.4%, and Dow Jones futures slipping more than 400 points. The decline followed a mixed session on Monday, as the recent AI-driven rally showed signs of fatigue and investors digested a fresh batch of corporate earnings. … - [US Treasury Yields Edge Down](https://todaymarkets.ae/us-treasury-yields-edge-down/): The yield on the US 10-year Treasury note fell to 4.08% on Tuesday, retreating from nearly four-week highs reached on Monday, due to lower-than-expected government borrowing estimates and mixed signals from Fed officials. The US Treasury Department said it now expects to borrow $569 billion in Q4, $21 billion less than projected in July 2025, … - [France’s Yields Steady as Budget Talks Drag On](https://todaymarkets.ae/frances-yields-steady-as-budget-talks-drag-on/): France’s 10-year OAT yield held steady above 3.4%, near its highest level since mid-October, as investors focused on ongoing budget talks and the outlook for monetary policy following last week’s ECB and Fed meetings. Socialist Party leader Olivier Faure said his party will wait until the full 2026 budget is finalized before deciding whether to … - [Tin Rises Holds Annual Increase](https://todaymarkets.ae/tin-rises-holds-annual-increase/): Tin futures were above $36,000 per tonne in November, holding its gradual rise since October and tracking the bullish momentum for other base metals this year amid risks of tight supply. Despite the gradual rollout of mining quotas following the prolonged suspension in top producer Myanmar, key tin sources remained mostly inactive. Operations in the … - [Bitcoin Sell-Off Extends While Ethereum Falls Below Inportant Support Level](https://todaymarkets.ae/bitcoin-sell-off-extends-while-ethereum-falls-below-inportant-support-level/): Cryptocurrencies remain largely dependent on stock market sentiment. According to Goldman Sachs data, the put-call skew in the Mag7 group (the seven largest tech companies) inverted for the first time since December 2024, meaning that the implied volatility of call options (betting on price increases) has exceeded that of puts (betting on declines). This phenomenon … - [Trade of The Day - USD/JPY](https://todaymarkets.ae/trade-of-the-day-usd-jpy/): Facts: Recommendation: LONG position on USDJPY at market price. USDJPY (D1) Source: xStation5Opinion: There remains a significant discrepancy between interest rate levels in Japan and the USA, which will support the strength of the dollar against the Japanese yen. The structure of the EMA averages also favors the dollar, particularly the crossing of the EMA100 … - [Risk Aversion Takes Hold as The Mood in Markets Shifts](https://todaymarkets.ae/risk-aversion-takes-hold-as-the-mood-in-markets-shifts/): European stocks have opened sharply lower this morning, as the market mood shifts. The Eurostoxx index is down more than 1%, and S&P 500 futures are at their lows of the morning so far. Palantir valuation concerns There is no single driver for this shift in market sentiment. Palantir’s results were stronger than expected, with … - [Dow Jones futures decline due to cautious Fed policy tone](https://todaymarkets.ae/dow-jones-futures-decline-due-to-cautious-fed-policy-tone/): Dow Jones futures move down by 0.72% to trade below 47,150 during European hours, with the S&P 500 futures and Nasdaq 100 futures declining 0.92% and 1.25%, trading below 6,850 and 26,000, respectively, during the European hours ahead of the United States (US) regular opening on Tuesday. US index futures fell sharply due to increased risk … - [EUR/USD ticks up from three-month lows as US Dollar eases](https://todaymarkets.ae/eur-usd-ticks-up-from-three-month-lows-as-us-dollar-eases/): EUR/USD is trading with marginal gains on Tuesday, changing hands at 1.1525 at the time of writing after hitting fresh three-month lows earlier on the day. The pair, however, remains vulnerable, following a nearly 1.3% sell-off in the last four trading days, as the US Dollar (USD) surged following a “hawkish cut” by the Federal Reserve (Fed) last … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-7/): RBA held the cash rate steady at 3.6% in a unanimous decision amid renewed inflation pressures and a tight labor market. Governor Michele Bullock stated the board has no predetermined stance on future rate moves, emphasizing data dependency and uncertainty. Key headlines: Governor Michele Bullock emphasized that the board has no predetermined stance on future … - [Australian Shares Hit Over 1-Month Low](https://todaymarkets.ae/australian-shares-hit-over-1-month-low/): The S&P/ASX 200 fell 0.9% to close at 8,814 on Tuesday, hitting its lowest level in over a month as market sentiment remained subdued amid the central bank’s latest policy decision and its warning of persistent inflationary pressures. The RBA kept its cash rate at 3.60% in a unanimous decision, cautioning that inflation may be … - [Economic Calendar - Q Results From Ferrari, BP & AMD Plus Central Banker Speeches](https://todaymarkets.ae/economic-calendar-q-results-from-ferrari-bp-amd-plus-central-banker-speeches/): Asian stock markets opened mostly lower, following mixed sentiment on Wall Street, although technology continued to perform better. Japan’s Nikkei index lost about 0.36%, South Korea’s Kospi fell 1.6%, and the Shanghai Composite fell 0.19%. In Hong Kong, however, the Hang Seng gained 0.2%. Despite optimism surrounding the AI-driven tech rally, investors remain cautious about … - [EUR/GBP gathers strength above 0.8750, BoE rate decision in focus](https://todaymarkets.ae/eur-gbp-gathers-strength-above-0-8750-boe-rate-decision-in-focus/): The EUR/GBP cross gains traction to near 0.8775, snapping the two-day losing streak during the early European session on Tuesday. The Pound Sterling (GBP) softens against the Euro (EUR) amid uncertainty surrounding the Bank of England’s (BoE) interest rate decision, which will be scheduled on Thursday.  The BoE is anticipated to hold the interest rates at 4.0% at its November policy meeting on … - [Today Markets - Market Update](https://todaymarkets.ae/today-markets-market-update/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [USD/CHF climbs to over two-month high; bulls await move beyond 0.8100 amid firmer USD](https://todaymarkets.ae/usd-chf-climbs-to-over-two-month-high-bulls-await-move-beyond-0-8100-amid-firmer-usd/): The USD/CHF pair attracts buyers for the fifth consecutive day and climbs to its highest level since August 22 during the Asian session on Tuesday. The momentum lifts spot prices to the 0.8100 neighborhood and is sponsored by sustained US Dollar (USD) buying. The USD Index (DXY), which tracks the Greenback against a basket of currencies, … - [Gold maintains its offered tone below $4,000 amid hawkish Fed-inspired USD buying](https://todaymarkets.ae/gold-maintains-its-offered-tone-below-4000-amid-hawkish-fed-inspired-usd-buying/): Gold (XAU/USD) retains its negative bias below the $4,000 psychological mark through the Asian session on Tuesday, though the downside seems cushioned amid mixed fundamental cues. The US Dollar (USD) attracts buyers for the fifth straight day and climbs to a fresh high since early August in the wake of the US Federal Reserve’s (Fed) hawkish … - [Japan Still ‘Half Way’ to Sustainable Inflation: PM Takaichi](https://todaymarkets.ae/japan-still-half-way-to-sustainable-inflation-pm-takaichi/): Japanese Prime Minister Sanae Takaichi said on Tuesday that Japan has yet to achieve sustainable inflation supported by wage growth, signaling caution on further interest rate hikes. Although consumer inflation remains near 3% due to rising food costs, she told parliament that the country is still “half way” to reaching stable price growth supported by … - [Palm Oil Emerges from 12-Week Low](https://todaymarkets.ae/palm-oil-emerges-from-12-week-low/): Malaysian palm oil futures rose, hovering above MYR 4,100 per tonne after two straight sessions of losses. Prices rebounded from a 12-week low touched a day earlier, supported by a weaker ringgit and strength in rival Dalian soyoil. Rising exports in October also supported sentiment, notably after cargo surveyors reported that Malaysia’s palm oil exports … - [South Korean Won Weakens to 7-Month Low](https://todaymarkets.ae/south-korean-won-weakens-to-7-month-low/): The South Korean won depreciated to around 1,440 per dollar, extending declines for a fourth day to its weakest level in almost seven months despite higher than expected domestic inflation. Consumer prices in South Korea climbed 2.4% in October, the fastest pace in over a year and exceeding market forecasts, supporting expectations that the Bank … - [Yen Rises on Finance Minister Remarks](https://todaymarkets.ae/yen-rises-on-finance-minister-remarks/): The Japanese yen strengthened past 154 per dollar on Tuesday, rebounding slightly from nine-month lows after Finance Minister Satsuki Katayama reiterated that authorities are monitoring rising volatility in foreign exchange markets with a strong sense of urgency, warning against sharp, one-sided currency moves. In March, Katayama had suggested the yen’s fair value was around 120–130 … - [Oil Down on Supply Concerns Despite OPEC+ Pause Plan](https://todaymarkets.ae/oil-down-on-supply-concerns-despite-opec-pause-plan/): WTI crude oil futures fell to $60.8 per barrel on Tuesday after a four-day advance, amid persistent concerns about oversupply despite OPEC+’s decision to pause output increases early next year. The producer group agreed to a modest production hike in December but will halt further additions from January to March due to seasonal demand fluctuations. … - [Dollar Firms Up on Fed Caution](https://todaymarkets.ae/dollar-firms-up-on-fed-caution/): The dollar index climbed toward 100 on Tuesday, hovering at three-month highs as Federal Reserve officials signaled caution over further interest rate cuts, prompting traders to trim expectations for additional easing. Fed Governor Lisa Cook acknowledged growing risks in the labor market but stopped short of backing a December cut, while Chicago Fed President Austan … - [KOSPI Retreats on Profit-Taking](https://todaymarkets.ae/kospi-retreats-on-profit-taking/): The benchmark KOSPI fell 1.40% to around 4,160 on Tuesday, retreating from recent highs as investors took profits following its surge to record levels. Broad-based weakness weighed on the index, with technology and auto shares leading the declines. Major losers included SK Hynix (-3.15%), Samsung Electronics (-1.80%), Hyundai Motor (-3.60%), and Kia Corporation (-2.21%). Separately, … - [China Stocks Slip on Market Caution](https://todaymarkets.ae/china-stocks-slip-on-market-caution/): The Shanghai Composite fell 0.1% to around 3,972 while the Shenzhen Component lost 0.8% to 13,290 on Tuesday, with mainland shares struggling to build on gains from the previous session as investors weighed the implications of the latest Sino-US trade deal. Presidents Xi Jinping and Donald Trump reached agreements last week on key issues, including … - [EUR holds near highs ahead of ECB decision – OCBC](https://todaymarkets.ae/eur-holds-near-highs-ahead-of-ecb-decision-ocbc/): Euro (EUR) consolidated near recent highs. Focus today on European Central Bank (ECB) decision. Policy rate is widely anticipated to be on hold but attention is on staff projection. Recent comments from ECB officials were somewhat more upbeat about economy – from growth to labor market. EUR was last seen at 1.1734 levels, OCBC’s FX … - [GBP: BoE set to cut as Sterling positioning stretches – ING](https://todaymarkets.ae/gbp-boe-set-to-cut-as-sterling-positioning-stretches-ing/): The Bank of England is widely expected to cut rates by 25bp today, with rising odds of a dovish vote split after weaker November inflation data. This points to near-term downside risks for sterling, ING’s FX analyst Chris Turner notes. Dovish vote split risks short-term GBP dip “The Bank of England announces the policy rate at 1300CET today. A … - [US Inflation Rate Seen Edging Up to 3.1%](https://todaymarkets.ae/us-inflation-rate-seen-edging-up-to-3-1/): The annual inflation in the US is expected to have risen to 3.1% in November 2025, which would mark the highest level since May 2024, up from 3.0% in September. Core inflation is forecast at 3.0%, unchanged from the September reading. The November CPI report was delayed by nearly a week, while the October report … - [BoE to Resume Rate Cuts](https://todaymarkets.ae/boe-to-resume-rate-cuts/): The Bank of England is widely expected to cut the Bank Rate by 25bps to 3.75% at its December 2025 meeting, marking the first reduction since August after holding rates steady in September and November. Such a move would lower borrowing costs to their weakest level since 2022, amid easing inflation and mounting signs of … - [France Industry Confidence Highest in Over 1½ Years](https://todaymarkets.ae/france-industry-confidence-highest-in-over-1%c2%bd-years/): France’s manufacturing business climate indicator rose to 102 in December 2025 from 98 in November, moving back above its long-term average of 100 and marking the highest level since March 2024. Sentiment improved notably, with past production turning positive (8 vs -10 in November), personal production prospects remaining above average despite easing to 11 from … - [ECB to Hold Rates for 4th Meeting](https://todaymarkets.ae/ecb-to-hold-rates-for-4th-meeting/): The ECB is widely expected to leave borrowing costs unchanged for a fourth consecutive meeting in December 2025, with the main refinancing rate remaining at 2.15% and the deposit facility rate holding at 2.0%. ECB President Christine Lagarde has recently noted that monetary policy is in a “good place”. Recent data showed the Euro Area … - [Economic Calendar - U.S. CPI Inflation and Central Bank Decisions From the BOE and ECB](https://todaymarkets.ae/economic-calendar-u-s-cpi-inflation-and-central-bank-decisions-from-the-boe-and-ecb/): Today’s macroeconomic calendar is exceptionally busy. In the first part of the day, market attention will focus on the interest-rate decisions from the Bank of England (BOE) and the European Central Bank (ECB). Later, attention will shift across the Atlantic, where we will get the U.S. CPI inflation report for November. Detailed calendar for the … - [Iron Ore Gains on Demand Prospects](https://todaymarkets.ae/iron-ore-gains-on-demand-prospects/): Iron ore futures climbed above CNY 770 per ton, reaching a two-week high as improving profitability among steelmakers and expectations of restocking in top consumer China supported prices. Lower input costs, including coal and coke, are expected to lift steel margins, potentially prompting some mills to increase production. Chinese steelmakers are also likely to begin … - [Coal Pressured by Weak Demand Forecast](https://todaymarkets.ae/coal-pressured-by-weak-demand-forecast/): Coal prices held below $110 per ton, hovering near multi week lows after the International Energy Agency projected that global coal demand will weaken toward the end of the decade amid intensifying competition from alternative power sources. In its 2025 annual coal report, the IEA said global coal demand in 2025 is likely to rise … - [Australian Shares Finish Flat](https://todaymarkets.ae/australian-shares-finish-flat/): The S&P/ASX 200 ended nearly flat at 8,588 on Thursday, halting its three-session decline, as strength in heavyweight miners outweighed losses in energy firms. The mining sector tracked iron ore prices higher, posting a modest 0.2% gain. The sector, which tends to benefit from a stronger Australian dollar, could see further upside next year as … - [China Youth Jobless Rate Hits 5-Month Low](https://todaymarkets.ae/china-youth-jobless-rate-hits-5-month-low/): China’s urban youth unemployment rate for 16- to 24-year-olds, excluding students, dropped to 16.9% in November 2025 from 17.3% in the previous month, marking the lowest level since June, according to data from the National Bureau of Statistics released Thursday. The improvement suggests tentative stabilization in the labor market amid gradual economic recovery, supported by … - [US 10-Year Yield Muted Ahead of CPI Report](https://todaymarkets.ae/us-10-year-yield-muted-ahead-of-cpi-report/): The yield on the US 10-year Treasury note remained subdued around 4.14% on Thursday, holding declines from earlier in the week as investors positioned ahead of the highly anticipated November CPI report, which is expected to show that price pressures remain above the Federal Reserve’s target. Mixed labor market data for November, released earlier in … - [Japan 10-Year Yield Hits Fresh 18-Year High](https://todaymarkets.ae/japan-10-year-yield-hits-fresh-18-year-high-2/): Japan’s 10-year government bond yield rose above 1.97% on Thursday, reaching its highest level since 2007 as concerns over the country’s deteriorating fiscal outlook, fueled by Prime Minister Sanae Takaichi’s spending plans, continued to push domestic yields higher. Takaichi stated on Wednesday that Japan must pursue proactive fiscal measures to support growth and increase tax … - [Palm Oil Rises for Second Session to Above MYR 4,000](https://todaymarkets.ae/palm-oil-rises-for-second-session-to-above-myr-4000/): Malaysian palm oil futures climbed around 1% to slightly above MYR 4,000 per tonne on Thursday, up for a second straight session as bargain hunting continued after prices slid to a 5-1/2-month low earlier in the week. Sentiment was also lifted by a weaker ringgit and firmer Chicago soyoil, which improved palm oil’s relative competitiveness. … - [Platinum Hits Over 17-Year High](https://todaymarkets.ae/platinum-hits-over-17-year-high/): Platinum surged above $1,950 per ounce, extending a record rally to its highest levels since 2008 as investors continued to pile into precious metals amid the roaring debasement trade. The latest US labor market data also pointed to rising unemployment, fueling market uncertainty and supporting bets for further Federal Reserve interest rate cuts. Additionally, comments … - [Dutch Jobless Rate Holds at 4%, Highest Since 2021](https://todaymarkets.ae/dutch-jobless-rate-holds-at-4-highest-since-2021/): The Netherlands’ seasonally adjusted unemployment rate stood at 4% in November 2025, unchanged from the previous two months and still the highest reading since September 2021. The number of unemployed individuals declined by 3 thousand to 408 thousand, down from October’s over four-year high of 411 thousand. Meanwhile, employment fell by 9 thousand to 9.846 … - [Australian Dollar dips as US Dollar strengthens on rate outlook](https://todaymarkets.ae/australian-dollar-dips-as-us-dollar-strengthens-on-rate-outlook/): The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Thursday for the sixth successive day. The AUD/USD pair may gain ground as the Aussie Dollar could receive support from investors’ caution following the release of Australia’s Consumer Inflation Expectations, which rose to 4.7% in December from November’s three-month low of 4.5%, supporting the Reserve … - [USD/CHF consolidates around 0.7950 as investors await US inflation data](https://todaymarkets.ae/usd-chf-consolidates-around-0-7950-as-investors-await-us-inflation-data/): The USD/CHF pair trades in a tight range around 0.7950 during the late Asian trading session on Thursday. The Swiss Franc pair wobbles as investors await the United States (US) inflation data for November, which will be published at 13:30 GMT. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six … - [US Dollar Index (DXY) flat lines below mid-98.00s as traders await US inflation data](https://todaymarkets.ae/us-dollar-index-dxy-flat-lines-below-mid-98-00s-as-traders-await-us-inflation-data/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to build on the previous day’s modest recovery gains and oscillates in a narrow band during the Asian session on Thursday. The index is currently placed just below mid-98.00s, nearly unchanged for the day, as traders opt to wait for … - [USD/CAD holds near 1.3800 amid market caution ahead of US CPI data](https://todaymarkets.ae/usd-cad-holds-near-1-3800-amid-market-caution-ahead-of-us-cpi-data/): USD/CAD holds position after registering modest gains in the previous session, trading around 1.3790 during the Asian hours on Thursday. The US Dollar (USD) holds ground from market caution ahead of the release of the delayed US Consumer Price Index (CPI) report due later in the day, which is expected to provide further insight into how … - [XAG/USD moves away from all-time peak, slides below $66.00 mark](https://todaymarkets.ae/xag-usd-moves-away-from-all-time-peak-slides-below-66-00-mark/): Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and currently trades around the $65.75-$65.70 region, down over 1% for the day. The white metal, however, remains well within striking distance of the all-time peak touched the previous day, and the broader technical setup still seems tilted firmly in favor of bullish traders. The … - [EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias](https://todaymarkets.ae/eur-usd-price-forecast-could-test-1-1750-amid-strengthening-bullish-bias/): EUR/USD remains flat after two days of small losses, trading around 1.1740 during the Asian hours on Thursday. On the daily chart, technical analysis indicates a strengthening of a bullish bias, as the pair continues to trade within an ascending channel pattern. The EUR/USD pair holds above the rising nine- and 50-day Exponential Moving Averages (EMAs), … - [US CPI data set to show inflation remained well above Fed target in November](https://todaymarkets.ae/us-cpi-data-set-to-show-inflation-remained-well-above-fed-target-in-november/): The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for November on Thursday at 13:30 GMT. The inflation report will not include CPI figures for October and will not offer monthly CPI prints for November due to a lack of data collection during the government shutdown. … - [Gold loses momentum as traders book profits, US CPI data in focus](https://todaymarkets.ae/gold-loses-momentum-as-traders-book-profits-us-cpi-data-in-focus/): Gold price (XAU/USD) edges lower below $4,350 during the early European trading hours on Thursday. The precious metal retreats from seven-week highs amid some profit-taking and a rebound in the US Dollar (USD). The potential downside for the yellow metal might be limited after the recent US jobs data reinforced market expectations of further interest rate … - [AUD/JPY Price Forecast: Edges lower below 103.00, but stays supported above 100-day EMA](https://todaymarkets.ae/aud-jpy-price-forecast-edges-lower-below-103-00-but-stays-supported-above-100-day-ema/): The AUD/JPY cross declines to around 102.70 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid firming expectations for an imminent rate hike by the Bank of Japan (BoJ) this week. The BoJ is expected to raise interest rates to 0.75% from 0.5% at a two-day policy meeting ending on Friday. … - [EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook](https://todaymarkets.ae/eur-jpy-hovers-near-183-00-amid-concerns-over-japans-deteriorating-fiscal-outlook/): EUR/JPY holds ground after registering 0.51% gains in the previous session, trading around 182.90 during the Asian hours on Thursday. The currency cross holds steady as the Japanese Yen (JPY) remains under pressure amid worries about Japan’s weakening fiscal outlook. Japanese Prime Minister Sanae Takaichi on Wednesday underlined the need for proactive fiscal policy to strengthen … - [Japanese Yen remains confined in a range as traders await BoJ rate decision on Friday](https://todaymarkets.ae/japanese-yen-remains-confined-in-a-range-as-traders-await-boj-rate-decision-on-friday/): The Japanese Yen (JPY) extends its sideways consolidative price move through the Asian session on Thursday as traders opt to move to the sidelines ahead of the key central bank event risk. The Bank of Japan (BoJ) is scheduled to announce its decision at the end of a two-day policy meeting on Friday and is … - [USD/INR opens flat on hopes of RBI’s follow-through intervention](https://todaymarkets.ae/usd-inr-opens-flat-on-hopes-of-rbis-follow-through-intervention/): The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Thursday, with the USD/INR pair wobbling around 90.80. Investors anticipated a flat opening amid expectations that the Reserve Bank of India (RBI) could intervene again to support the Indian Rupee. There is a “high probability” that the central bank may step in … - [Cattle Closes Lower](https://todaymarkets.ae/cattle-closes-lower/): Live cattle futures saw losses of 85 cents to $1.15 on Wednesday. There were another 20 deliveries tendered on Wednesday. Cash trade has been slow this week, with a few early sales at $229. The Wednesday Fed Cattle Exchange online auction showed no sales on the 1,708 head listed and bids of $227 live and $347.50-354 … - [Nat-Gas Prices Rebound as US Weather Forecasts Cool](https://todaymarkets.ae/nat-gas-prices-rebound-as-us-weather-forecasts-cool/): January Nymex natural gas (NGF26) on Wednesday closed up by +0.138 (+3.55%). Jan nat-gas prices rallied sharply on Wednesday after cooler US weather forecasts sparked short covering in nat-gas futures.  Forecaster Atmospheric G2 said Wednesday that forecasts shifted colder in the East and not as warm in the southern states for December 27-31, potentially boosting … - [Crude Prices Rise as Global Geopolitical Risks Escalate](https://todaymarkets.ae/crude-prices-rise-as-global-geopolitical-risks-escalate/): January WTI crude oil (CLF26) on Wednesday closed up +0.67 (+1.21%), and January RBOB gasoline (RBF26) closed up +0.0134 (+0.80%). Crude oil and gasoline prices rose on Wednesday amid heightened geopolitical risks in Venezuela and Russia.  President Trump ordered a blockade of sanctioned tankers off Venezuela, and the US is preparing new sanctions on Russian … - [Wheat Mixed as China Cancels Some Business](https://todaymarkets.ae/wheat-mixed-as-china-cancels-some-business/): The wheat complex posted mixed action on Wednesday, with HRW holding higher. Chicago SRW futures were down 2 to 3 ¼ cents on the day. KC HRW futures were up 2 to 3 cents at the close. MPLS spring wheat was down 3 cents in the nearby contracts on Wednesday. USDA reported private export sale … - [Soybeans Close with Weakness](https://todaymarkets.ae/soybeans-close-with-weakness-2/): Soybeans posted Wednesday losses of 3 to 4 ½ cents at the close. The cmdtyView national average Cash Bean price was 5 cents lower at $9.87 1/4. Soymeal futures were $4.10 to $5.20 lower, with Soy Oil futures steady to 16 points higher. USDA reported a couple private export sales of 198,000 MT of soybean to China and 125,000 MT to … - [Corn Closes Higher with Record Ethanol Production](https://todaymarkets.ae/corn-closes-higher-with-record-ethanol-production/): Corn futures posted gains of 2 to 4 ½ cents on Wednesday. Demand continues to be solid, with record ethanol and exports. The CmdtyView national average Cash Corn price as up 4 cents to $3.96 3/4.  USDA reported a private export sale of 177,055 MT of corn to Mexico this morning. EIA data from this morning showed … - [Coffee Prices Sink on Favorable Brazil Weather and Brazilian Real Weakness](https://todaymarkets.ae/coffee-prices-sink-on-favorable-brazil-weather-and-brazilian-real-weakness/): March arabica coffee (KCH26) on Wednesday closed down -4.70 (-1.33%), and January ICE robusta coffee (RMF26) closed down -136 (-3.460%). Coffee prices extended their two-week-long plunge on Wednesday, with arabica tumbling to a 2-month low and robusta sinking to a 4-month low.  Ample rains in Brazil have eased concerns over coffee crop development and hammered … - [Beneficial Weather in West Africa Weighs on Cocoa Prices](https://todaymarkets.ae/beneficial-weather-in-west-africa-weighs-on-cocoa-prices/): March ICE NY cocoa (CCH26) on Wednesday closed down -20 (-0.33%), and March ICE London cocoa #7 (CAH26) closed down -11 (-0.25%). Cocoa prices gave up early gains and settled lower on Wednesday as favorable weather in West Africa is expected to boost yields and supply, which is bearish for prices.  Cocoa farmers in the … - [Sugar Prices Pressured by a Weak Brazilian Real](https://todaymarkets.ae/sugar-prices-pressured-by-a-weak-brazilian-real/): March NY world sugar #11 (SBH26) on Wednesday closed down -0.06 (-0.40%), and March London ICE white sugar #5 (SWH26) closed down -0.70 (-0.17%). Sugar prices settled lower on Wednesday amid weakness in the Brazilian real.  The real (^USDBRL) tumbled to a 4.25-month low against the dollar on Wednesday, encouraging export sales from Brazil’s sugar … - [Cotton Gets a Bounce](https://todaymarkets.ae/cotton-gets-a-bounce/): Cotton futures closed the Wednesday session with contracts up 20 to 33 points on the day. Crude oil futures were $1.63 per barrel higher at $56.90. The US dollar index was $0.201 higher to $97.995.  Spec traders in cotton futures and options were trimming their net short position during the week ending on December 2 … - [Oil Spike Boosts The FTSE While CPI Cements Rate Cut Expectations For BOE](https://todaymarkets.ae/oil-spike-boosts-the-ftse-while-cpi-cements-rate-cut-expectations-for-boe/): The big story this morning is not only the moderation in UK inflation, but also the oil price. After dipping to a 5-year low on Tuesday on the back of concerns about a supply glut, President Trump sent the oil price higher on Wednesday, and Brent and WTI are both higher by more than 2% … - [Technicals - DAX40](https://todaymarkets.ae/technicals-dax40/): The European session is proceeding in a calm mood, with a predominance of moderate optimism. Most indices remain around the opening levels, but with slight increases. The growth leader is FTSE1000, whose contracts are rising by over 1.4% on the wave of new expectations regarding the interest rate path. ITA40 and NED25 contracts are up … - [Chart of The Day - GBP/USD](https://todaymarkets.ae/chart-of-the-day-gbp-usd/): The British pound is today the weakest G10 currency, after a significantly weaker-than-expected inflation report opened the door wide for the first Bank of England rate cut since August. The broad month-on-month price decline marks an end to the persistent inflation stickiness seen in the UK in recent months. GBPUSD slipped to the 100-day exponential moving … - [Oil Rallies 2% on Supply Uncertainty](https://todaymarkets.ae/oil-rallies-2-on-supply-uncertainty/): Trump’s Venezuela blockade and Russian sanction threats jolt markets The Venezuelan gambit: Naval blockade or political posturing? Oil prices found a floor on Tuesday after U.S. President-elect Donald Trump announced a “total blockade of all sanctioned tankers” transporting Venezuelan crude. The move, disclosed via Truth Social on December 16, aims to sever the financial lifeline … - [Copper Stabilizes on Robust Demand](https://todaymarkets.ae/copper-stabilizes-on-robust-demand/): Copper futures steadied around $5.35 per pound, remaining near multi-month highs as strong demand from China and the US, the world’s two largest economies, continued to support prices. Analysts cited solid growth in key Chinese sectors, including electric vehicles and energy infrastructure, while an artificial intelligence-driven investment boom in the US further boosted copper consumption. … - [Palm Oil Slides for 4th Session, Hits 5-1/2-Month Low](https://todaymarkets.ae/palm-oil-slides-for-4th-session-hits-5-1-2-month-low/): Malaysian palm oil futures fell for a fourth straight session on Wednesday, hovering below MYR 3,960 per tonne to a 5-1/2-month low, amid weaker rival edible oils on the Dalian exchange. Sentiment was further dampened by lower export prospects, with cargo surveyors estimating shipments for December 1–15 dipped 15.9–16.4% from a month earlier. On the … - [Gold Tests Record Highs](https://todaymarkets.ae/gold-tests-record-highs/): Gold rose above $4,320 per ounce on Wednesday, testing levels near all-time highs last seen in October, as investors continued to see scope for additional easing by the Federal Reserve next year. The US labor market showed further signs of cooling, with the unemployment rate unexpectedly rising to 4.6% in November, the highest since 2021, … - [Dollar on Defensive After Mixed Jobs Report](https://todaymarkets.ae/dollar-on-defensive-after-mixed-jobs-report/): The dollar index steadied above 98 on Wednesday, but stayed close to its lowest levels in more than two months, as mixed labor market data did little to shift expectations for Federal Reserve policy. The delayed jobs report showed payrolls increased more than forecast in November, but October figures were revised sharply lower and the … - [Korean Shares Rise on Tech Rebound](https://todaymarkets.ae/korean-shares-rise-on-tech-rebound/): The benchmark KOSPI rose 0.65% to around 4.025 on Wednesday, rebounding after two consecutive sessions of losses as investor sentiment was lifted by gains in technology shares. Trading in Seoul showed mixed movements among large-cap stocks. Samsung Electronics (0.88%), SK Hynix (0.28%), Hyundai Motor (0.17%), and Hanwha Aerospace (0.11%) posted gains, while Samsung Biologics (-1.84%), … - [India Passenger Car Sales Jump 18.1% in November](https://todaymarkets.ae/india-passenger-car-sales-jump-18-1-in-november/): Total passenger vehicle sales in India soared 18.1% year-on-year to 354,969 units in November 2025, after a 15.8% rise in the previous month, according to data from the Society of Indian Automobile Manufacturers (SIAM). The figures exclude sales from BMW, Mercedes-Benz, Jaguar Land Rover (JLR), and Volvo. The rebound was supported by festive demand and … - [Hong Kong Shares Recover from Two-Day Selloff](https://todaymarkets.ae/hong-kong-shares-recover-from-two-day-selloff/): Equities in Hong Kong rose 104 points, or 0.4%, to 25,341 in early trade on Wednesday, rebounding from steep losses in the prior two sessions. Bargain hunting emerged after markets slid to a near four-week low the day before, lifting most sectors, particularly consumer and tech names. Meanwhile, mainland markets stabilized after closing sharply lower … - [China Stocks Rise on Tech Boost](https://todaymarkets.ae/china-stocks-rise-on-tech-boost/): The Shanghai Composite rose 0.1% to around 3,830 while the Shenzhen Component gained 0.7% to 13,000 on Wednesday, with mainland shares snapping a two-day decline amid a rebound in technology stocks. Notable performers included Eoptolink Technology (+3.8%), Zhongji Innolight (+2.3%), Shenzhen Envicool (+8.8%), Suzhou TFC Optical (+6.3%), and Victory Giant (+1.5%). Chinese chipmaker MetaX Integrated … - [Japan 10-Year Yield Steady Amid Strong Data](https://todaymarkets.ae/japan-10-year-yield-steady-amid-strong-data/): Japan’s 10-year government bond yield held around 1.96% on Wednesday, remaining near 18-year highs as robust economic data reinforced expectations for a Bank of Japan interest rate hike this week. Exports rose 6.1% in November, surpassing forecasts of 4.8% and marking the fastest growth in nine months. Core machinery orders, a leading indicator of capital … - [China Creates 12.1 Million Urban Jobs in First 11 Months](https://todaymarkets.ae/china-creates-12-1-million-urban-jobs-in-first-11-months/): China created 12.1 million urban jobs in the first 11 months of 2025, meeting its full-year target of over 12 million a month ahead of schedule, the Ministry of Human Resources and Social Security data showed on Tuesday. During the period, the average surveyed urban unemployment rate was 5.2%, better than the annual target of … - [Silver Rallies to Fresh Record High](https://todaymarkets.ae/silver-rallies-to-fresh-record-high/): Silver climbed toward $66 per ounce on Wednesday, reaching new all-time highs as a mixed US jobs report prompted investors to seek alternative assets offering higher returns to manage risk. The November US labor data showed the unemployment rate rose to 4.6%, the highest since 2021, although payrolls increased more than expected. Markets are pricing … - [Offshore Yuan Retreats on Weak Fixing](https://todaymarkets.ae/offshore-yuan-retreats-on-weak-fixing-3/): The offshore yuan slipped to around 7.04 per dollar on Wednesday, retreating from a fourteen-month high reached in the previous session, dragged down by a weaker-than-expected official fixing. The People’s Bank of China set the yuan’s midpoint rate at 7.0573 per dollar, its firmest level since October 2024 but 187 pips weaker than Reuters’ estimate. … - [Indian Shares Slip for Third Consecutive Session](https://todaymarkets.ae/indian-shares-slip-for-third-consecutive-session/): The BSE Sensex fell 137 points, or 0.2%, to 84,542 in a volatile morning trading session, down for the third consecutive day, after mixed US jobs data failed to move the needle on the Federal Reserve’s interest rate outlook. Persistent foreign outflows and a depreciation in the rupee also continued to pressure sentiment, along with … - [New Zealand Stocks Slide to 2-Month Low](https://todaymarkets.ae/new-zealand-stocks-slide-to-2-month-low/): New Zealand’s benchmark S&P/NZX 50 index fell 1% to close at 13,296 on Wednesday, marking its lowest level in two months, weighed down by losses among large-cap stocks. The local market followed a weak lead from Wall Street, where two of the three major US indices ended lower after a mixed US jobs report left … - [S&P 500 futures, Fed liquidity, CPI and AI Shift](https://todaymarkets.ae/sp-500-futures-fed-liquidity-cpi-and-ai-shift/) - [Nat-Gas Prices Sink on Above-Normal US Temps](https://todaymarkets.ae/nat-gas-prices-sink-on-above-normal-us-temps/): January Nymex natural gas (NGF26) on Tuesday closed down by -0.126 (-3.14%). Jan nat-gas prices retreated to a 7-week low on Tuesday and settled sharply lower.  Since posting a 3-year high on December 5, nat-gas prices have been in freefall as warmer US weather has curbed heating demand and allowed nat-gas storage to rebuild.  Forecaster … - [Crude Prices Plunge on Demand Concerns Amid Mounting Oil Supplies](https://todaymarkets.ae/crude-prices-plunge-on-demand-concerns-amid-mounting-oil-supplies/): January WTI crude oil (CLF26) on Tuesday closed down -1.55 (-2.73%), and January RBOB gasoline (RBF26) closed down -0.0514 (-2.97%). Crude oil and gasoline prices sold off on Tuesday, falling to 4.75-year nearest-futures lows.  Concerns about global energy demand and expectations for a worldwide oil glut are weighing on crude prices.  Also, Tuesday’s decline in … - [Feeder cattle futures were up $2.50 to $3.40](https://todaymarkets.ae/feeder-cattle-futures-were-up-2-50-to-3-40/): Live cattle futures were 15 to 35 cents higher at the Tuesday settlement. Cash trade has yet to get kicked off this week, as last week was mostly $230. Feeder cattle futures were up $2.50 to $3.40 to close Tuesday. The CME Feeder Cattle Index was up 60 cents to $347.37 on December 12.  USDA Wholesale … - [Soybeans Showing Fractional Gains](https://todaymarkets.ae/soybeans-showing-fractional-gains/): Soybeans are higher to start Tuesday, with fractional gains on Tuesday AM. Futures closed Monday with losses of 4 to 5 cents, as the market continues to sell the fact as the Chinese purchases come through.  Open interest suggested some long liquidation, down 15,485 contracts.  The cmdtyView national average Cash Bean price was 4 ½ cents lower … - [Corn Weighted Down](https://todaymarkets.ae/corn-weighted-down/): Corn futures closed out the Tuesday session with most contracts 2 to 3 ¼ cents lower at the final bell. The CmdtyView national average Cash Corn price was down 3 1/4 cents to $3.92 3/4.  There was some outside pressure, with losses in wheat adding spillover weakness and crude oil dropping $1.61/barrel. EIA data will be released … - [Wheat Falls Lower ](https://todaymarkets.ae/wheat-falls-lower-2/): The wheat complex continued losses into the Tuesday close. Chicago SRW futures were 9 to 11 1/4 cents lower across most contracts. KC HRW futures were 6 to 7 cents in the red at the close. MPLS spring wheat was down 2 to 3 3/4 cents across the front months. Large world supplies among major … - [Coffee Prices Sharply Lower on the Outlook for Ample Supplies](https://todaymarkets.ae/coffee-prices-sharply-lower-on-the-outlook-for-ample-supplies/): March arabica coffee (KCH26) on Tuesday closed down -8.20 (-2.28%), and January ICE robusta coffee (RMF26) closed down -107 (-2.65%). Coffee prices extended their two-week-long slide on Tuesday, with arabica falling to a 3-week low and robusta dropping to a 4-month low.  Ample rains in Brazil have eased concerns over coffee crop development and hammered … - [Cocoa Prices Jump on Signs of a Smaller Global Cocoa Surplus](https://todaymarkets.ae/cocoa-prices-jump-on-signs-of-a-smaller-global-cocoa-surplus/): March ICE NY cocoa (CCH26) on Tuesday closed up +122 (+2.08%), and March ICE London cocoa #7 (CAH26) closed up +128 (+3.02%). Cocoa prices rallied sharply on Tuesday amid signs of a smaller global cocoa surplus.  Short covering emerged in cocoa futures on Tuesday, pushing prices higher, after Citigroup cut its 2025/26 global cocoa surplus … - [Slump in Crude Oil Weighs on Sugar Prices](https://todaymarkets.ae/slump-in-crude-oil-weighs-on-sugar-prices/): March NY world sugar #11 (SBH26) on Tuesday closed down -0.13 (-0.87%), and March London ICE white sugar #5 (SWH26) closed down -3.40 (-0.80%). Sugar prices retreated on Tuesday due to a slump in crude oil prices.  WTI crude (CLF26) sank to a 4.75-year low on Tuesday, which undercuts ethanol prices and may prompt the … - [Cotton Falls Lower](https://todaymarkets.ae/cotton-falls-lower/): Cotton futures fell on Tuesday, down 72 to 84 points across the front months at the close. Pressure came from the synthetic market, with crude oil futures are $1.65 lower per barrel at $55.17. The US dollar index was $0.038 higher to $97.995.  Monday’s online auction from The Seam showed sales of 15,641 bales at … - [Nonfarm Payrolls increase by 64,000 in November vs. 50,000 expected](https://todaymarkets.ae/nonfarm-payrolls-increase-by-64000-in-november-vs-50000-expected/): Nonfarm Payrolls (NFP) in the United States (US) rose by 64,000 in November, the US Bureau of Labor Statistics (BLS) reported on Tuesday. This reading came in better than the market expectation for an increase of 50,000. The report also showed that Nonfarm Payrolls declined by 105,000 in October. The underlying details of the publication … - [Russia’s largest Palladium producer sees platinum deficit this year – Commerzbank](https://todaymarkets.ae/russias-largest-palladium-producer-sees-platinum-deficit-this-year-commerzbank/): Russia’s top Palladium producer expects a notable supply deficit for Platinum in 2025, while Palladium remains mostly balanced, highlighting diverging market views compared with the World Platinum Investment Council’s forecasts, Commerzbank’s commodity analyst Carsten Fritsch notes. Palladium market balanced this year “Russia’s largest Palladium producer yesterday published updated forecasts for the Platinum and Palladium market … - [Platinum hits $1,800, highest since 2011 – Commerzbank](https://todaymarkets.ae/platinum-hits-1800-highest-since-2011-commerzbank/): Platinum and Palladium prices rose sharply this week, driven by record-high Silver and Gold levels and prospects of increased demand from the European automotive sector following indications of a softer 2035 combustion engine ban, Commerzbank’s commodity analyst Carsten Fritsch notes. Palladium climbs to $1,600 amid precious metals rally “The price of Platinum rose yesterday to $1,800 per troy … - [GBP shows strength amid mixed UK data – BBH](https://todaymarkets.ae/gbp-shows-strength-amid-mixed-uk-data-bbh/): The Pound Sterling (GBP) outperformed as UK labor market conditions eased and the December PMI signaled firmer private sector growth, while markets fully priced in an upcoming Bank of England rate cut, BBH FX analysts report. UK unemployment hits highest since Q1 2021 “GBP is outperforming. UK labor market condition continued to ease in October while … - [DXY: US NFP report might shift Fed rate expectations – MUFG](https://todaymarkets.ae/dxy-us-nfp-report-might-shift-fed-rate-expectations-mufg/): Today’s nonfarm payrolls report is set to influence market expectations for the Fed’s January meeting. With New York Fed President Williams expecting slower hiring and heightened downside risks to employment, markets anticipate further rate cuts, likely extending the US Dollar’s (USD) weakening trend unless job growth surprises to the upside, MUFG’s FX analyst Derek Halpenny … - [October U.S. Retail Sales - Strong Core Growth - Overall Flat](https://todaymarkets.ae/october-u-s-retail-sales-strong-core-growth-overall-flat/): Retail Sales Results for October Retail Sales (m/m) Retail Sales Excluding Automobiles (m/m) Retail Sales Excluding Automobiles and Fuel (m/m) Why These Data Are Important Retail sales are a key indicator of economic health and consumer sentiment, as private consumption accounts for a significant portion of GDP. These data influence central bank decisions on interest … - [Commodity Talk - Oil, NATGAS, Cocoa and Soybean](https://todaymarkets.ae/commodity-talk-oil-natgas-cocoa-and-soybean/): Oil Should peace talks regarding Ukraine genuinely move towards a ceasefire or a formal resolution, Brent crude could drop below $58 per barrel, reaching its lowest level since 2021. The next key support levels would then be $55 and $50 per barrel. Source: xStation5 Natural Gas Temperatures in the second half of this month are expected to be significantly higher … - [Trade of The Day - DAX40](https://todaymarkets.ae/trade-of-the-day-dax40-2/): Facts: Trade: Short position (SHORT) on DE40 at market price DE40 (D1) Source: xStation5Opinion: On the index chart, a prolonged and increasing weakness of buyers can be observed. After testing and retreating from the peak twice, the price fell and reached lower peaks and greater declines twice. The gap between local peaks and FIBO 0 … - [JPY: Tankan reinforces case for BoJ rate hike – Commerzbank](https://todaymarkets.ae/jpy-tankan-reinforces-case-for-boj-rate-hike-commerzbank/): The flash estimates for the Japanese purchasing managers’ indices were somewhat weaker this morning than in the previous month. However, at 51.5, the composite PMI remained in expansionary territory. Yesterday’s Tankan survey sent a clearer signal for a key interest rate hike at the end of this week, when the Bank of Japan meets for its … - [USD/CNH breaks lower as downtrend accelerates – Société Générale](https://todaymarkets.ae/usd-cnh-breaks-lower-as-downtrend-accelerates-societe-generale/): USD/CNH has extended its decline after breaking below the lower boundary of a multi-month descending channel, reinforcing the broader bearish trend, Société Générale’s FX analysts note. RMB strength persists despite stretched conditions “USD/CNH has extended its decline after breaking below the lower boundary of a multi-month descending channel. While the downtrend appears stretched, there are still … - [USD: Unusual Tuesday release for US jobs report – Commerzbank](https://todaymarkets.ae/usd-unusual-tuesday-release-for-us-jobs-report-commerzbank/): The US labour market report breaks with tradition by landing on a Tuesday, but expectations are modest, with job growth seen at just 50k and little change in unemployment. Even a sizeable surprise may fail to stir markets, as data collected after the historic government shutdown is widely expected to be distorted, Commerzbank’s FX analyst … - [Oil: Ceasefire hopes push Brent to six-month low – Commerzbank](https://todaymarkets.ae/oil-ceasefire-hopes-push-brent-to-six-month-low-commerzbank/): Renewed optimism over a Russia-Ukraine ceasefire weighed on the Oil market yesterday. ICE Brent settled a little more than 0.9% lower, leaving it at $60.56/bbl — the lowest close since May. President Trump has said that an agreement to end the war in Ukraine is closer than ever, after talks in Berlin. Clearly, territory remains … - [USD/CNH stays heavy despite weak China data – OCBC](https://todaymarkets.ae/usd-cnh-stays-heavy-despite-weak-china-data-ocbc/): USD/CNH remains under pressure even as China’s activity data disappoints, with a fresh multi-month low in the daily fixing reinforcing a gradual RMB appreciation bias. While technicals stay mildly bearish, near-term direction will hinge on whether policymakers slow the pace of lower fixes or allow further downside in spot. Pair was last at 7.0371 levels, … - [Chart of The Day - Bitcoin](https://todaymarkets.ae/chart-of-the-day-bitcoin-3/): Over the past week, Bitcoin has lost more than 7% and has once again approached the lower selloff zone seen at the end of November. The decline coincided with news that the U.S. Senate Banking Committee has delayed work on the long-awaited crypto market-structure bill, pushing all hearings into early 2026. The committee failed to … - [French Services PMI Growth Slows](https://todaymarkets.ae/french-services-pmi-growth-slows/): The HCOB France Services PMI fell to 50.2 in December 2025 from 51.4 in the previous month, flash estimates showed. Still, the PMI remained in expansion territory for the second consecutive month, supported by a modest increase in output amid growth in new and existing business. Backlogs of work also fell at the fastest pace … - [European Stocks Slip, Defense Sector Weighs](https://todaymarkets.ae/european-stocks-slip-defense-sector-weighs/): European equities retreated on Tuesday, with the STOXX 50 down 0.3% and the broader STOXX 600 slipping 0.2%, following gains in the previous session. Defense stocks came under pressure as investors weighed developments in Russia–Ukraine peace negotiations. US President Trump said on Monday that, after “long and very good talks” with European leaders, negotiators were … - [German Manufacturing Contracts Most in 10 Months](https://todaymarkets.ae/german-manufacturing-contracts-most-in-10-months/): The HCOB Germany Manufacturing PMI fell to 47.7 in December 2025 from 48.2 in November, below expectations of 48.5, marking the sharpest downturn in ten months, according to preliminary estimates. Output slipped back into contraction, ending a nine-month run of growth, while new orders declined to its fastest pace since January, driven in part by … - [Euro Wanes as German Manufacturing Plunges Amid Mixed Eurozone PMI Readings](https://todaymarkets.ae/euro-wanes-as-german-manufacturing-plunges-amid-mixed-eurozone-pmi-readings/): The Euro is trading lower following the release of the final preliminary Purchasing Managers’ Index (PMI) data for December, which highlighted fatal weakness in Germany’s manufacturing sector and a mixed activity profile for France. Germany: Preliminary December PMI Readings France: Preliminary December PMI Readings Market Reaction and ECB Implications Despite an initial flicker of optimism sparked by the unexpected … - [EUR/USD holds gains ahead of Eurozone business activity figures](https://todaymarkets.ae/eur-usd-holds-gains-ahead-of-eurozone-business-activity-figures/): EUR/USD remains steady near two-and-a-half-month highs on Tuesday, trading practically flat at 1.1750 at the time of writing, ahead of the release of the preliminary Eurozone Manufacturing and Services Purchasing Managers Indexes (PMIs) for December and the delayed US employment figures. Markets are in a moderate risk-off mood. Most Asian stock markets have posted losses, and the main European equity … - [USD/CHF trades calmly near 0.7960 in countdown to US NFP](https://todaymarkets.ae/usd-chf-trades-calmly-near-0-7960-in-countdown-to-us-nfp/): The USD/CHF pair trades stably around 0.7960 during the early European trading session on Tuesday. The Swiss Franc pair remains calm as investors await the United States (US) Nonfarm Payrolls (NFP) report for October and November, which will be published at 13:30 GMT. Ahead of the US employment data, the US Dollar Index (DXY), which tracks … - [USD/INR rallies further even as India's trade deficit shrinks](https://todaymarkets.ae/usd-inr-rallies-further-even-as-indias-trade-deficit-shrinks/): The Indian Rupee (INR) extends its losing streak for the fourth trading day against the US Dollar (USD) on Tuesday. The USD/INR pair stretches its bull run to near 91.45 as the continuous outflow of foreign funds from the Indian stock market amid trade frictions between the United States (US) and India has remained a major drag on the … - [EUR/GBP trims gains below 0.8800 after UK labor market report](https://todaymarkets.ae/eur-gbp-trims-gains-below-0-8800-after-uk-labor-market-report/): The EUR/GBP cross pares gains near 0.8785 during the early European session on Tuesday. The Pound Sterling (GBP) recovers some lost ground against the Euro (EUR) after the UK employment data. Traders will keep an eye on the preliminary reading of HCOB Purchasing Managers Index (PMI) reports from the Eurozone, France and Germany, which are due later on … - [GBP/JPY rebounds from over one-week low, back above 207.00 after UK jobs data](https://todaymarkets.ae/gbp-jpy-rebounds-from-over-one-week-low-back-above-207-00-after-uk-jobs-data/): The GBB/JPY cross prolongs its recent pullback from the 209.00 neighborhood or the highest level since August 2008, touched last week, and drifts lower for the fourth straight day on Tuesday. Spot prices, however, managed to rebound a few pips from a one-and-a-half-week low following the release of the UK jobs data and traded above … - [U.K. Labour Market Continues to Slow as Risk Sells Off Into NFP](https://todaymarkets.ae/u-k-labour-market-continues-to-slow-as-risk-sells-off-into-nfp/): The UK labour market data for November and October paints a picture of further weakness in the employment market. The Unemployment rate rose to 5.1%, as expected, the highest level since 2021. The Office for National Statistics also said that employment fell by 22,000 in October and by 38,000 in November. This is adding to … - [Australian Shares Fall on Rate Hike Fears](https://todaymarkets.ae/australian-shares-fall-on-rate-hike-fears/): The S&P/ASX 200 fell 0.4% to close at 8,599 on Tuesday, following brief gains earlier in the session as market sentiment turned subdued amid growing fears of a rate hike as soon as February. Commonwealth Bank of Australia and National Australia Bank now anticipate that the Reserve Bank could begin tightening policy earlier than previously … - [Economic Calendar - U.S. Labor Data And Preilminary PMI Reports in Focus](https://todaymarkets.ae/economic-calendar-u-s-labor-data-and-preilminary-pmi-reports-in-focus/): Today’s macroeconomic calendar is quite busy. In the first part of the day, we will get a set of preliminary December PMI reports from Europe. Due to the holiday period, the survey window was shortened, and the data will be released earlier than usual. Next, market attention will shift across the Atlantic to the U.S., … - [NFP preview: Complex data release to determine what Fed does next](https://todaymarkets.ae/nfp-preview-complex-data-release-to-determine-what-fed-does-next/): The long wait is over, and the Bureau of Labor Statistics in the US will release nonfarm payrolls reports for both November and October at 1330 GMT on Tuesday. The overall NFP figure for October is expected to be -10k, however, it is expected to be influenced by a massive 130k drop in federal department … - [Offshore Yuan Hits Fresh 14-Month Peak](https://todaymarkets.ae/offshore-yuan-hits-fresh-14-month-peak/): The offshore yuan strengthened to around 7.04 per dollar, reaching a fresh fourteen-month high amid growing calls for a stronger currency to support economic rebalancing. The move comes as a rare public debate gains traction in China, with economists and former policymakers arguing the yuan remains too weak relative to fundamentals and that modest appreciation … - [Australia 10Y Bond Yield Rises](https://todaymarkets.ae/australia-10y-bond-yield-rises/): Australia’s 10-year government bond yield rose to around 4.73%, hovering near a more than two-year high, supported by hawkish signals from the Reserve Bank. The central bank kept its cash rate unchanged last week and indicated that its brief easing cycle has ended, while flagging the potential for a return to interest-rate hikes in 2026 … - [Copper Falls on Risk-Off Sentiment](https://todaymarkets.ae/copper-falls-on-risk-off-sentiment/): Copper futures dropped below $5.3 per pound on Tuesday, retreating from four-month highs as risk-off sentiment swept through financial markets, with commodities, equities, and cryptocurrencies all experiencing losses. Investors also cautiously awaited the delayed US jobs report, which could influence the Federal Reserve’s policy outlook for next year. Additionally, slowing economic activity and the lack … - [India Manufacturing Posts Slowest Growth in 2 Years](https://todaymarkets.ae/india-manufacturing-posts-slowest-growth-in-2-years/): The HSBC India Manufacturing PMI eased to 55.7 in December 2025 from 56.6 in November, marking the weakest improvement in manufacturing conditions since December 2023, according to preliminary estimates. The reading indicates that 50% US tariffs continue to weigh on labor-intensive sectors. Factory output rose sharply but slowed to a ten-month low, alongside softer growth … - [NZ Shares Close Slightly Higher](https://todaymarkets.ae/nz-shares-close-slightly-higher/): New Zealand’s benchmark S&P/NZX 50 index edged up 0.1% to close at 13,425 on Tuesday, extending a rangebound session ahead of a busy week. Traders are awaiting a series of data releases, including Q3 GDP on Thursday, which is expected to show a rebound. Meanwhile, New Zealand’s annual food inflation eased to 4.4% in November, … - [Iron Ore Rises on Restocking Prospects](https://todaymarkets.ae/iron-ore-rises-on-restocking-prospects/): Iron ore futures climbed above CNY 760 per ton, rebounding from five-month lows on expectations that Chinese steel mills will begin restocking to sustain production levels ahead of the Lunar New Year holiday in February. Steelmakers typically secure cargoes in advance to cover output needs during the holiday period, when logistics activity slows. Meanwhile, iron … - [Arabica Coffee Futures Slip](https://todaymarkets.ae/arabica-coffee-futures-slip/): Arabica coffee futures slipped more than 3.5% to just below $4.10 per pound, weighed down by profit-taking after a recent rally and President Trump’s hint of possible US tariff cuts on coffee imports. The market also awaited a US Supreme Court ruling on Trump’s use of emergency powers to impose sweeping tariffs on key trading … - [US Natgas Prices Ease from 8-Month High](https://todaymarkets.ae/us-natgas-prices-ease-from-8-month-high/): US natural gas futures fell to $4.5/MMBtu on Wednesday, easing after a rally to an eight-month high of $4.565 on Tuesday, as traders balanced short-term mild weather forecasts against strong export demand and expectations of colder conditions in early December. Weather models indicate a brief warm spell later this month before temperatures drop, potentially boosting … - [Oil Down Over 1%](https://todaymarkets.ae/oil-down-over-1/): OPEC report does not support oil prices Oil continues its downward trend, driven by relentless pressure on prices due to significant and long-term surpluses of the commodity in the market. Some investors were waiting for the monthly OPEC report as a source of information to support demand, but these proved insufficient. As a result, WTI … - [Trade of The Day - USD/NOK](https://todaymarkets.ae/11773-2/): Facts: Recommendation: Source: xStation5 Opinion The USDNOK is breaking out of its recent upward wave after the Norges Bank’s announcement last week of a pause in further rate cuts, erasing over half of the gains recorded following Jerome Powell’s hawkish FOMC comments. Downward pressure on the pair was intensified by Monday’s higher-than-expected Norwegian CPI reading … - [Oil Falls on Monthly OPEC Report](https://todaymarkets.ae/oil-falls-on-monthly-opec-report/): The OPEC organization, which brings together the largest oil producers to control prices, has published its monthly report, and oil prices fell by more than 1% following the publication. The organization points to the continuation of several trends regarding oil production and consumption worldwide. Demand for oil continues to grow, but the growth rate is … - [DAX Hits Over 3-Week High](https://todaymarkets.ae/dax-hits-over-3-week-high/): Germany’s DAX rose nearly 1% to surpass the 24,300 mark on Wednesday, the highest level since October 21 and extending gains for the third day. Investor sentiment remained buoyed by hopes of an imminent reopening of the US government and expectations of rate cuts by the Federal Reserve. Meanwhile, corporate earnings took center stage. Brenntag … - [CAC 40 Back to Record High Levels](https://todaymarkets.ae/cac-40-back-to-record-high-levels/): The Paris CAC 40 rose 1% to 8,230 points on Wednesday, extending its two-day rally of 2.6% and returning to record territory. Banking and luxury stocks led the advance, buoyed by optimism over the potential resolution of the US government shutdown and growing expectations of Federal Reserve rate cuts in December, following weaker-than-expected ADP data … - [French Bond Yield Falls to Two-Week Low Amid Budget Talks](https://todaymarkets.ae/french-bond-yield-falls-to-two-week-low-amid-budget-talks/): The yield on France’s 10-year government bond slipped below 3.45%, its lowest level since late October, as investors monitored progress in France’s budget negotiations while maintaining optimism that the US government shutdown could soon be resolved. At the same time, weaker US jobs data strengthened expectations that the Fed could cut interest rates next month, … - [UK 10-Year Gilt Yield Edges Up from 11-Month Low](https://todaymarkets.ae/uk-10-year-gilt-yield-edges-up-from-11-month-low/): The UK 10-year gilt yield inched up to 4.43% after an 8bps drop below 4.4% in the prior session, which was its lowest since December 2024, as investor focus turned to signs of economic weakness ahead of the Autumn Budget. Softer labor market data strengthened bets on a Bank of England rate cut next month, … - [US Stock Futures Rise](https://todaymarkets.ae/us-stock-futures-rise/): US stock futures were higher on Wednesday, with S&P 500 contracts up 0.4%, Dow Jones futures rising about 80 points after the blue-chip index closed at a record high in the previous session, and Nasdaq 100 futures gaining 0.7%. Sentiment was supported by optimism that the government shutdown could soon end, as House members return … - [Brent Crude Oil Halts Three-Day Gain](https://todaymarkets.ae/brent-crude-oil-halts-three-day-gain/): Brent crude futures fell below $65 per barrel on Wednesday after three straight sessions of gains, as traders awaited key monthly reports from OPEC and the US Energy Information Administration, with the IEA’s outlook due Thursday. The International Energy Agency softened its previous view on peak oil demand, now projecting that global consumption could keep … - [USD/JPY Highest Since February 2025](https://todaymarkets.ae/usd-jpy-highest-since-february-2025/): The USD/JPY pair reached its highest levels since February 2025 today, approaching the psychological threshold of 155, driven by the fundamental conflict between the new Prime Minister Sanae Takaichi and the Bank of Japan. Takaichi, known as a proponent of expansionary fiscal policy and monetary easing in the spirit of Abenomics, is clearly signalling that … - [Infineon Technologies Earnings - Massive Growth on Massive Promises](https://todaymarkets.ae/infineon-technologies-earnings-massive-growth-on-massive-promises/): Infineon Technologies is one of the local leaders in the semiconductor market. The German company is one of the few entities of this size in Europe. The company’s product portfolio is highly diversified, which works to its advantage in an increasingly uncertain market. According to the report published by the company, it failed to meet … - [U.S. Government Hopes Boost Risk as Bond Market May Not Prop Up Starmer](https://todaymarkets.ae/u-s-government-hopes-boost-risk-as-bond-market-may-not-prop-up-starmer/): As we move through the European trading session on Wednesday, there is residual optimism in the market that continues to boost risk sentiment. European indices are having another strong day, although the FTSE 100 is bucking this trend and is posting a small loss. US futures suggest a higher open later today and pre-market trading … - [HEICO Corporation (HEI.US) shares are near all-time high zone](https://todaymarkets.ae/heico-corporation-hei-us-shares-are-near-all-time-high-zone/): HEICO Corporation (HEI.US) shares are near all-time high zone amid a new, announced acquisition that strengthens its presence in aerospace and defense manufacturing. HEICO’s Electronic Technologies Group has agreed to acquire Axillon Aerospace’s Fuel Containment Business for an undisclosed cash amount. The deal is expected to close in Q1 2026, pending customary conditions, including Hart-Scott-Rodino Antitrust clearance. HEICO expects the purchase to be accretive … - [Bullish DAX 30 While Bayern Shares Gain After Earnings Report](https://todaymarkets.ae/bullish-dax-30-while-bayern-shares-gain-after-earnings-report/): Today’s European trading session is being led by buyers, with Germany’s cash DAX up nearly 1%. Futures are gaining over 0.6% above 24,400 and have moved above the 50-session exponential moving average (EMA50). German inflation data came in line with forecasts. Source: xStation5 Germany Inflation Data for October German inflation matched market expectations on both a yearly and monthly basis. … - [Chart of The Day - US30](https://todaymarkets.ae/chart-of-the-day-us30/): The US30 continues its upward momentum after closing yesterday’s session at a record high of around 48,000 (+1.3%), driven by a massive rotation of capital across Wall Street. While the potential end of the U.S. government shutdown supports broad market optimism, persistent concerns over high valuations in the AI sector have redirected capital toward more traditional … - [](https://todaymarkets.ae/11733-2/): Today’s session is expected to be relatively quiet in terms of major macroeconomic releases, with investors’ attention focused on the U.S. House of Representatives vote on the federal spending bill passed by the Senate, which could end the more than 40-day government shutdown. Many Democrats have already pledged to block the bill, considering the promise to “revisit” … - [Crédit Agricole issued a recommendation for the NZDUSD currency pair.](https://todaymarkets.ae/credit-agricole-issued-a-recommendation-for-the-nzdusd-currency-pair/): The Bank recommends taking a long position on the pair with following levels: Entry: 0.5642 Target: 0.5788 Stop: 0.5525 Crédit Agricole recommends taking a long position on NZDUSD at 0.5642 with a target of 0.5788 and a stop loss order placed at 0.5525. Source: xStation5 The material on this page does not constitute financial advice and … - [JP Morgan issued a recommendation for the EURCHF currency pair.](https://todaymarkets.ae/jp-morgan-issued-a-recommendation-for-the-eurchf-currency-pair/): The Bank recommends taking a long position on the pair with following levels: Entry: 0.9270 Target: 0.9400 Stop: 0.9199 JP Morgan recommends taking a long position on EURCHF at 0.9270 with a target of 0.9400 and a stop loss order placed at 0.9199. Source: xStation5 The material on this page does not constitute financial advice … - [Australian Stocks End Lower](https://todaymarkets.ae/australian-stocks-end-lower/): The S&P/ASX 200 finished 0.2% lower at 8,800 on Wednesday, extending losses from the previous session, dragged down by declines in tech stocks amid worries over stretched AI valuations, while top lender Commonwealth Bank extended losses. Technology shares slid 3.3%, mirroring the overnight drop in Nvidia and other AI names after SoftBank trimmed its stake … - [Iron Ore Rises on China Demand Hopes](https://todaymarkets.ae/iron-ore-rises-on-china-demand-hopes/): Iron ore futures in China climbed above CNY 770 per ton, rebounding from four-month lows as optimism over stronger Chinese demand outweighed concerns about rising global supply. Traders expect a seasonal pickup in consumption and fewer-than-anticipated maintenance shutdowns at steel mills in top consumer China. Sentiment was also boosted by expectations of additional stimulus after … - [German Inflation Rate Confirmed at 2.3%](https://todaymarkets.ae/german-inflation-rate-confirmed-at-2-3/): Germany’s consumer price inflation eased to 2.3% in October 2025, matching preliminary estimates and down from 2.4% in September. Inflation for goods slowed slightly (1.2% vs 1.4% in September) as food prices moderated (1.3% vs 2.1%), despite notable increases in fruit (3.1%), sugar and confectionery (8.2%), and meat and meat products (4.3%). Energy prices continued … - [India–US Air Cargo Plunges to 9-Year Low](https://todaymarkets.ae/india-us-air-cargo-plunges-to-9-year-low/): Air cargo movement between India and the United States has plunged to a nine-year low, following steep tariff hikes imposed by the Donald Trump administration, The Times of India reported, citing official data. Data from the Directorate General of Civil Aviation showed that India shipped 4,319 tonnes of goods to the US during the January–June … - [New Zealand Shares Close at Record High](https://todaymarkets.ae/new-zealand-shares-close-at-record-high/): New Zealand’s benchmark S&P/NZX 50 index rose 0.5% at 13,672, wiping out earlier losses to hit a record high close. The local market mirrored gains across most Asian equities, as investor sentiment was lifted by hopes that the US government shutdown could soon end, alongside a weak US jobs data that raised expectations of a … - [Palm Oil Retreats After 2-Day Rise](https://todaymarkets.ae/palm-oil-retreats-after-2-day-rise/): Malaysian palm oil futures fell below MYR 4,150 per tonne, snapping gains from the previous two sessions amid a stronger ringgit and weakness in Dalian palm olein. Meanwhile, data from the Malaysian Palm Oil Board showed end-October stocks at a 6-1/2-year high, while production surged 11.02% to its highest since August 2015. On the export … - [China Aims Greater Private Role in Energy and Infrastructure](https://todaymarkets.ae/china-aims-greater-private-role-in-energy-and-infrastructure/): China plans to step up policy support to attract more private capital into the energy sector, a senior official said, as part of efforts to revive weak private investment. The cabinet on Monday announced new measures promoting private participation in infrastructure and the low-altitude economy, covering manned and unmanned aviation services. Authorities will seek more … - [UK Plans Ban on Maritime Services for Russian LNG Exports](https://todaymarkets.ae/uk-plans-ban-on-maritime-services-for-russian-lng-exports/): Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas (LNG) exports, in its latest move to support Ukraine by cutting Kremlin energy revenues, as Reuters reported. In October, the European Union approved new sanctions on Russia that will ban Russian LNG imports starting January 1, 2027, … - [South Korean Won Falls as Outflow Concerns Persist](https://todaymarkets.ae/south-korean-won-falls-as-outflow-concerns-persist/): The South Korean won weakened to around 1,466 per dollar, falling to its lowest level in seven months as sentiment was weighed down by persistent concerns over ongoing capital outflows. Investor caution deepened following the government’s clarification on Tuesday that the $350 billion investment plan with the US would take the form of a nonbinding … - [Hong Kong Stocks Jump to One-Month Peak](https://todaymarkets.ae/hong-kong-stocks-jump-to-one-month-peak/): Hong Kong shares climbed 255 points or 1.0% to 26,960 in early trade on Wednesday, maintaining gains for the third straight session and reaching their highest level in a month. Most sectors advanced, led by property and financials, following a record close on Wall Street’s Dow Jones as optimism grew that Washington could soon end … - [South Korean Shares Rise on Broad Sector Gains](https://todaymarkets.ae/south-korean-shares-rise-on-broad-sector-gains/): The benchmark KOSPI rose 0.80% to around 4,140 on Wednesday, extending gains for a third consecutive session amid broad sector advances. This followed sector rotation in US markets, with Dow Jones closing at a record high while the tech-heavy Nasdaq Composite declined. Auto stocks led the rise for KOSPI, with Hyundai Motor and Kia Corporation … - [China Stocks Mixed as Traders Await Fresh Signals](https://todaymarkets.ae/china-stocks-mixed-as-traders-await-fresh-signals/): The Shanghai Composite edged up 0.2% to above 4,010, while the Shenzhen Component slipped 0.5% to 13,220 on Wednesday, as mainland markets struggled for clear direction amid a lack of major catalysts. Chinese stocks remain vulnerable to profit-taking after recently hitting fresh ten-year highs, with investors rotating out of high-flying tech and AI-linked names into … - [Silver Holds at 3-Week High](https://todaymarkets.ae/silver-holds-at-3-week-high/): Silver slipped to around $51 per ounce on Wednesday, but stayed close to three-week highs as signs of US labor market weakness fueled expectations for a near-term Federal Reserve rate cut. ADP data showed US private employers shedding an average of 11,250 jobs per week in the four weeks ending October 25, painting a bleak … - [US 10-Year Yield Falls on Weak Jobs Data](https://todaymarkets.ae/us-10-year-yield-falls-on-weak-jobs-data/): The yield on the 10-year US Treasury note dropped nearly 5 basis points to 4.08% on Wednesday as signs of labor market weakness bolstered expectations for a near-term Federal Reserve rate cut. ADP’s high-frequency data showed private employers cutting roughly 11,250 jobs per week in the four weeks to October 25, raising concerns while the … - [Australia 10-Year Yield Ticks Up Ahead of Jobs Data](https://todaymarkets.ae/australia-10-year-yield-ticks-up-ahead-of-jobs-data/): Australia’s 10-year bond yield edged up to 4.37%, near a two-month high, as investors await the upcoming labour market report that could influence the Reserve Bank’s rate path. On Monday, RBA Deputy Governor Andrew Hauser highlighted the unusual challenge facing monetary policy, stressing the need to keep conditions tight to contain inflation. He also noted … - [Soybeans Close with Weakness](https://todaymarkets.ae/soybeans-close-with-weakness/): Soybeans closed Tuesday with contracts down 1 to 3 cents. CBoT reported another 125 deliveries overnight, taking the total to 1,707 for the month. The cmdtyView national average Cash Bean price was 2 1/2 cents lower at $10.53 1/4. Soymeal futures were down $2.00 to $3.10 on the day, with Soy Oil futures 41 to 54 points higher. Crop Production data … - [Wheat Closes with Mixed Action](https://todaymarkets.ae/wheat-closes-with-mixed-action/): The wheat complex saw mixed trade on Tuesday, with spring wheat leading the way higher. CBT soft red wheat futures were fractionally to 2 cents higher. KC HRW futures saw Tuesday trade steady to 4 cents lower. MPLS spring wheat futures were up 5 to 6 cents on the day. USDA is expected to release … - [Corn Bulls Push Higher ](https://todaymarkets.ae/corn-bulls-push-higher/): The corn market saw Tuesday gains of 2 to 3 cents across most contracts at the close. The CmdtyView national average Cash Corn price was up 2 3/4 cents at $3.92 3/4.  Ahead of the expected USDA Crop Production report on Friday, a Reuters poll of analysts showed corn yield expected to drop 2.7 bpa to 184 … - [NY Sugar Futures Supported by Strength in the Brazilian Real](https://todaymarkets.ae/ny-sugar-futures-supported-by-strength-in-the-brazilian-real/): March NY world sugar #11 (SBH26) on Tuesday closed up +0.05 (+0.35%), and December London ICE white sugar #5 (SWZ25) closed down -0.30 (-0.07%). Sugar prices settled mixed on Tuesday.  NY sugar found support due to the strength of the Brazilian real.  The real (^USDBRL) rallied to a 17-month high against the dollar on Tuesday, … - [Arabica Coffee Prices Rally with the Brazilian Real](https://todaymarkets.ae/arabica-coffee-prices-rally-with-the-brazilian-real/): December arabica coffee (KCZ25) on Tuesday closed up +7.95 (+1.92%), and January ICE robusta coffee (RMF26) closed down -5 (-0.11%). Coffee prices settled mixed on Tuesday, with arabica posting a 2.5-week high.  Arabica coffee is moving higher amid strength in the Brazilian real (^USDBRL), which climbed to a 17-month high on Tuesday, discouraging export sales … - [Cocoa Prices Sharply Lower on the Prospects for Ample Global Supplies](https://todaymarkets.ae/cocoa-prices-sharply-lower-on-the-prospects-for-ample-global-supplies/): December ICE NY cocoa (CCZ25) on Tuesday closed down -273 (-4.47%), and December ICE London cocoa #7 (CAZ25) closed down -206 (-4.73%). Cocoa prices sold off sharply on Tuesday, with NY cocoa posting a 4-week low and London cocoa falling to a 3-week low. Since posting 6-week highs last Tuesday, cocoa prices have retreated amid … - [US Dollar Index posts modest gains near 99.50 amid hopes of end to US shutdown](https://todaymarkets.ae/us-dollar-index-posts-modest-gains-near-99-50-amid-hopes-of-end-to-us-shutdown/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 99.55 during the Asian trading hours on Wednesday. The DXY edges higher amid hopes for the end of the US government shutdown. Traders will keep an eye on the Fedspeak later … - [GBP/USD moves below 1.3150 as traders expect BoE rate cut in December](https://todaymarkets.ae/gbp-usd-moves-below-1-3150-as-traders-expect-boe-rate-cut-in-december/): GBP/USD extends its losses for the second successive day, trading around 1.3140 during the Asian hours on Wednesday. The pair depreciates as the Pound Sterling (GBP) struggles amid growing expectations that the Bank of England (BoE) will cut interest rates in December. Analysts at Morgan Stanley, Citigroup, and UBS Global Research have shifted their stance and expect … - [WTI trades with mild gains above $60.50 on hopes of US government reopening](https://todaymarkets.ae/wti-trades-with-mild-gains-above-60-50-on-hopes-of-us-government-reopening/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.85 during the Asian trading hours on Wednesday. The WTI trades with mild gains amid renewed investor confidence after a US government deal. Traders await the American Petroleum Institute (API) weekly crude oil stock report and the OPEC monthly oil market report for November, which will be published on … - [Gold consolidates near three-week high as risk-on mood offsets dovish Fed bets](https://todaymarkets.ae/gold-consolidates-near-three-week-high-as-risk-on-mood-offsets-dovish-fed-bets/): Gold (XAU/USD) is seen hovering near a three-week high during the Asian session on Wednesday, with bulls awaiting a move beyond the $4,150-4,155 horizontal barrier before positioning for any further appreciating move. Investors seem convinced that the delayed US macro data will show some weakness in the economy amid a prolonged US government shutdown and prompt … - [USD/CAD holds gains above 1.4000 as US government shutdown nears end](https://todaymarkets.ae/usd-cad-holds-gains-above-1-4000-as-us-government-shutdown-nears-end/): USD/CAD edges higher after three days of losses, trading around 1.4010 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) gains support from the ongoing process to reopen the United States (US) government. Traders will likely observe the upcoming speeches from Federal Reserve (Fed) officials, including Christopher Waller, Raphael Bostic, and Stephen … - [Australian Dollar extends losses despite cautious RBA tone](https://todaymarkets.ae/australian-dollar-extends-losses-despite-cautious-rba-tone/): The Australian Dollar (AUD) weakens against the US Dollar (USD) on Wednesday, extending its losses for the second successive session. The AUD/USD pair declines as the US Dollar (USD) gains support from the ongoing process to reopen the United States (US) government. The AUD may regain support from cautious sentiment surrounding the Reserve Bank of Australia (RBA) … - [Japanese Yen remains depressed amid BoJ rate hike caution, risk-on impulse](https://todaymarkets.ae/japanese-yen-remains-depressed-amid-boj-rate-hike-caution-risk-on-impulse/): The Japanese Yen (JPY) attracts fresh sellers following the previous day’s two-way directionless price moved and drifts back closer to the lowest level since February 13, touched against its American counterpart the previous day. The Bank of Japan (BoJ) has been reluctant to commit to further interest rate hikes on the back of Japan’s Prime … - [EUR/USD remains near 1.1600 as ECB holds steady, Fed easing eyed](https://todaymarkets.ae/eur-usd-remains-near-1-1600-as-ecb-holds-steady-fed-easing-eyed/): EUR/USD remains steady after five days of gains, trading around 1.1580 during the Asian hours on Wednesday. The pair may continue its winning streak as the Euro (EUR) could further gain amid a cautious tone surrounding the European Central Bank (ECB) policy outlook. The ECB is expected to keep interest rates unchanged for now, backed by steady economic performance and inflation … - [Chart of The Day - Silver](https://todaymarkets.ae/chart-of-the-day-silver/): Silver is trading nearly 1% higher today, climbing back above 50 USD per ounce and supported by gains in gold prices. Notably, the metal has been officially added to the U.S. Geological Survey’s 2025 List of Critical Minerals — a move that could, in theory, strengthen industrial demand and reshape the global supply chain. SILVER (D1 timeframe) … - [German ZEW Economic Sentiment Weaker Than Expected](https://todaymarkets.ae/german-zew-economic-sentiment-weaker-than-expected/): German ZEW Economic Sentiment (October): 38.5 (Forecast 41, Previous 39.3) EURUSD slightly loses during the last 30 minutes, however the reaction to weak German data is very calm. Source: xStation5 The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or … - [Let's Talk U.K. Economy](https://todaymarkets.ae/lets-talk-u-k-economy/): UK labour market data for the three months to September was weak, and the signs also point to weakness for October. The number of people on the payroll is falling, and the unemployment rate rose in Q3 to a pandemic high. Although the number of job vacancies is stable, the number of candidates per job … - [European Stocks Extend Gains](https://todaymarkets.ae/european-stocks-extend-gains/): Stocks in Europe were higher on Tuesday, with the STOXX 50 adding 0.5% and the STOXX 600 rising 0.6%, extending gains from the previous session, amid further signs the end of the US government shutdown is close. After a pact reached in the Senate on Sunday between some Democrats who defected the party’s leadership and … - [FTSE 100 Rises 1% to New Record after Jobs Data](https://todaymarkets.ae/ftse-100-rises-1-to-new-record-after-jobs-data/): The FTSE 100 jumped over 1% to fresh highs near 9,900 on Tuesday as UK unemployment rose to 5%, the highest since 2021, boosting expectations of a Bank of England rate cut next month. Markets now price in an 80% chance of a December move. Blue-chip names helped drive the rally: AstraZeneca and British American … - [Economic Calendar - Germany's ZEW Reading And U.S. NFIB in Focus](https://todaymarkets.ae/economic-calendar-germanys-zew-reading-and-u-s-nfib-in-focus/): Although the U.S. government shutdown is on track to be resolved, it will take longer before we see the release of key American economic data. Today’s main macroeconomic readings will come from secondary sentiment indicators — Germany’s ZEW Economic Sentiment Index, and the NFIB Small Business Optimism Report from the United States, reflecting the mood among small enterprises that employ … - [South Korean Won Slips on Continued Capital Outflows](https://todaymarkets.ae/south-korean-won-slips-on-continued-capital-outflows/): The South Korean won slipped to around 1,464 per dollar on Tuesday, falling to its lowest level in seven months as sentiment was weighed down by concerns over ongoing capital outflows and BOK caution. Foreign investors have been pulling funds from Korean equities, while domestic investors are channeling large-scale investments into the US as part … - [Palm Oil Recovers from 4-Month Low](https://todaymarkets.ae/palm-oil-recovers-from-4-month-low/): Malaysian palm oil futures jumped around 1.5% to above MYR 4,150 per tonne, rebounding from a muted session the prior day. The upturn was driven by strength in rival edible oils on the Dalian and Chicago exchanges and bargain hunting after prices hit a four-month low last week. Meantime, a research firm, Glenauk Economics, expects … - [Chinese Stocks Fall on Profit-Taking](https://todaymarkets.ae/chinese-stocks-fall-on-profit-taking/): The Shanghai Composite fell 0.39% to close at 4,003, while the Shenzhen Component dropped 1.03% to 13,289 on Tuesday as investors took profits after the Shanghai index hit fresh decade highs. Sentiment weakened further after reports that China is developing a rare earth export system that could restrict access for some US firms, raising the … - [Pound Falls as Weak Labor Data Fuels BoE Cut Bets](https://todaymarkets.ae/pound-falls-as-weak-labor-data-fuels-boe-cut-bets/): The British pound weakened to $1.31 after weaker-than-expected labor market data strengthened expectations of a Bank of England interest rate cut next month. Regular pay growth slowed to 4.6% in the third quarter, the weakest since February–April 2022, while total pay, including bonuses, rose 4.8%, slightly below forecasts of 4.9%. Meanwhile, the unemployment rate climbed … - [India 10Y Yield Nears One-Month Low](https://todaymarkets.ae/india-10y-yield-nears-one-month-low/): The yield on India’s 10-year G-Sec dropped below 6.5%, hitting its lowest level in nearly four weeks, as markets priced in expectations that the Reserve Bank will support the bond market through open market operations or by announcing an OMO calendar. The decline came as tighter banking system liquidity, driven by RBI’s foreign-exchange interventions to … - [UK Gilt Yields Steady on Weak Labor Data](https://todaymarkets.ae/uk-gilt-yields-steady-on-weak-labor-data/): The UK 10-year gilt yield held steady just below 4.5%, near its lowest level since December 2024, after weaker-than-expected labor market data reinforced expectations of a Bank of England interest rate cut next month. Regular pay growth slowed to 4.6% in the third quarter, the weakest since February–April 2022, while total pay, including bonuses, rose … - [Platinum Rises on Safe-Haven Demand](https://todaymarkets.ae/platinum-rises-on-safe-haven-demand/): Platinum climbed above $1,580 per ounce, approaching three-week highs as mounting US economic concerns and expectations of further Federal Reserve rate cuts lifted safe-haven demand for precious metals. Data last week showed US job losses in October, particularly in government and retail sectors, while consumer sentiment fell to a 3½-year low in early November. Traders … - [U.K. Labor Market Dat Much Weaker Than Expected](https://todaymarkets.ae/u-k-labor-market-dat-much-weaker-than-expected/): UK unemployment rate came in at 5% vs 4.9% exp. and 4.8% previously Employment change (SA) came in at -32k vs 3k exp. and 1k previously Average Weekly Earnings came in at 4.8% YoY vs 5% exp. and 5% previously (Ex-Bonus at 4.6% YoY vs 4.6% exp. and 4.7% previously) GBPUSD The GBPUSD pair reacted … - [Cattle Start the Week with Limit Gains](https://todaymarkets.ae/cattle-start-the-week-with-limit-gains/): Live cattle futures were the $7.25 limit higher to close out the Monday session. Last week’s cash trade was reported at $225-230 in the north, with $230-232 Southern sales. Feeder cattle futures closed the Monday session with $9.25 limit gains. The CME Feeder Cattle Index was back down $1.86 to $344.37 on November 6. The … - [Soybeans Rally](https://todaymarkets.ae/soybeans-rally/): Soybeans posted 13 to 15 cent gains across most contracts on Monday.  There were another 76 deliveries issued on Friday night, taking the total to 1,582 for the month. The cmdtyView national average Cash Bean price was 12 3/4 cents lower at $10.56 3/4. Soymeal futures were up $0.40 to $2.90 on Monday, with Soy Oil futures 90 to 94 points … - [Corn Bulls Post Gains](https://todaymarkets.ae/corn-bulls-post-gains/): Corn futures were 2 to 3 cents higher across most contracts on Monday. The CmdtyView national average Cash Corn price was up 2 ¼ cents so far at $3.89 ¼.  This morning’s Export Inspections report showed a total of 1.425 MT (56.09 mbu) of corn shipped in the week of 11/6. That was 16.77% below the week … - [Wheat Closes Higher](https://todaymarkets.ae/wheat-closes-higher/): The wheat complex posted gains on Monday to take back some of the Friday weakness. CBT soft red wheat futures posted 8 to 9 cent higher trade on Monday. KC HRW futures posted 6 to 8 cent gains on the Monday session. MPLS spring wheat futures closed the day up 5 to 7 cents to … - [Coffee Prices Supported as Global Supplies Decline](https://todaymarkets.ae/coffee-prices-supported-as-global-supplies-decline/): December arabica coffee (KCZ25) on Monday closed up +6.95 (+1.70%), and January ICE robusta coffee (RMF26) closed down -25 (-0.54%). Coffee prices settled mixed on Monday.  Coffee prices were supported on Monday on signs of tighter global supplies after the International Coffee Organization (ICO) reported that global coffee exports for the current marketing year (Oct-Sep) … - [Cocoa Prices Settle Higher on Smaller Ivory Coast Cocoa Deliveries](https://todaymarkets.ae/cocoa-prices-settle-higher-on-smaller-ivory-coast-cocoa-deliveries/): December ICE NY cocoa (CCZ25) on Monday closed up +89 (+1.48%), and December ICE London cocoa #7 (CAZ25) closed up +36 (+0.83%). Cocoa prices recovered from 1.5-week lows on Monday and settled higher on signs of a slowdown in cocoa exports from the Ivory Coast, the world’s largest cocoa producer.  Monday’s government data showed that … - [NY Sugar Prices Move Higher on Brazilian Real Strength](https://todaymarkets.ae/ny-sugar-prices-move-higher-on-brazilian-real-strength/): March NY world sugar #11 (SBH26) on Monday closed up +0.10 (+0.71%), and December London ICE white sugar #5 (SWZ25) closed down -1.40 (-0.34%). Sugar prices settled mixed on Monday, with London sugar posting a new 4.75-year nearest-futures low.  The outlook for robust global sugar supplies is pressuring prices.  Last Thursday, NY sugar prices slumped … - [Cotton Posts Modest Gains](https://todaymarkets.ae/cotton-posts-modest-gains/): Cotton futures were up 55 to 69 points to close out the Monday session. Crude oil futures were up 30 cents/barrel to $60.05 on the day, with the US dollar index $0.029 higher to $99.50. The Friday online auction from The Seam showed 329 bales sold with an average price of 60.69 cents/lb. The Cotlook … - [Oil Holds Steady as Market Reports Eyed](https://todaymarkets.ae/oil-holds-steady-as-market-reports-eyed/): WTI crude futures held around $60 per barrel on Tuesday, trading sideways so far this week as investors awaited key industry reports amid growing concerns of a potential global supply surplus. OPEC is set to release its monthly market outlook on Wednesday, alongside the International Energy Agency’s annual outlook report. Oil prices have recently come … - [Gold Hits 3-Week High on Dovish Fed Bets](https://todaymarkets.ae/gold-hits-3-week-high-on-dovish-fed-bets/): Gold rose above $4,130 on Tuesday, hitting a three-week high as growing economic uncertainty in the US fueled expectations for a near-term Federal Reserve rate cut. Last week’s data showed job losses in October, particularly in government and retail sectors, while consumer sentiment fell to a 3½-year low in early November. Traders are pricing in … - [Dollar Holds Steady as Shutdown Deal Eyed](https://todaymarkets.ae/dollar-holds-steady-as-shutdown-deal-eyed/): The dollar index was little changed around 99.6 on Tuesday, moving sideways so far this week as investors awaited progress on ending the record-long US government shutdown. The Senate passed a bill to reopen the federal government and end the 40-day shutdown, narrowly securing the 60 votes needed. House Speaker Mike Johnson said the bill … - [Yen Approaches 9-Month Low](https://todaymarkets.ae/yen-approaches-9-month-low/): The Japanese yen depreciated toward 154.5 per dollar on Tuesday, nearing nine-month lows as optimism over a potential US government reopening reduced safe-haven demand. Japan’s economic revitalization minister, Minoru Kiuchi, warned that the weaker yen could push up consumer prices through higher import costs, calling for close monitoring. A draft of Prime Minister Sanae Takaichi’s … - [Kiwi Dollar Hovers Close to 7-Month Low](https://todaymarkets.ae/kiwi-dollar-hovers-close-to-7-month-low/): The New Zealand dollar traded around $0.564, near its lowest level since early April, as a subdued inflation outlook added to expectations of further monetary easing. Business inflation expectations showed two-year projections, the key policy horizon, unchanged at 2.28%, while one-year expectations edged up slightly to 2.39%, within the RBNZ’s 1%–3% target range, suggesting price … - [Hong Kong Shares Edge Lower](https://todaymarkets.ae/hong-kong-shares-edge-lower/): Stocks in Hong Kong fell 64 points or 0.2% to 26,587 on Tuesday morning deals, reversing Monday’s rally as consumer shares led losses. Investor caution grew ahead of key Chinese data releases, including October credit growth, industrial output, and retail sales. Sentiment was further weighed down by uncertainty over the U.S. Senate vote to end … - [China Stocks Slip on Profit-Taking](https://todaymarkets.ae/china-stocks-slip-on-profit-taking/): The Shanghai Composite fell 0.3% to below 4,010, while the Shenzhen Component dropped 0.6% to 13,350 on Tuesday as investors locked in profits after Chinese stocks reached fresh ten-year highs. Investors are shifting from high-flying technology and AI-linked names to high-dividend value plays amid concerns that tech earnings may not justify lofty valuations. Several veteran … - [South Korean Shares Rise on AI Momentum](https://todaymarkets.ae/south-korean-shares-rise-on-ai-momentum/): The benchmark KOSPI rose 1.5% to around 4,133 on Tuesday, extending gains for a second consecutive session as sentiment was supported by a global AI-driven rebound and easing uncertainties over the US government shutdown. Technology stocks led the advance, with Samsung Electronics (+3.9%) and SK hynix (+3.3%) climbing on strong investor interest following an AI-led … - [Japan Bank Lending Growth Tops Forecast](https://todaymarkets.ae/japan-bank-lending-growth-tops-forecast/): Japan’s bank lending rose 4.1% in October 2025, up from a 3.8% gain in September, matching the consensus forecast and marking the fastest pace since April 2021. Total outstanding loans across major, regional, and shinkin banks reached ¥650.8 trillion. Major banks led the expansion with a 4.9% increase, followed by regional banks at 4.2%. Shinkin … - [Senate Approves Bill to End Longest U.S. Government Shutdown](https://todaymarkets.ae/senate-approves-bill-to-end-longest-u-s-government-shutdown/): The U.S. Senate has passed a bill to fund the government and end the longest shutdown in the nation’s history, according to CNBC. The measure was approved 60–40, backed by nearly all Republicans and several moderate Democrats, and will now move to the House of Representatives for a vote. If passed, the bill will be … - [Indian Rupee Stays Sideways](https://todaymarkets.ae/indian-rupee-stays-sideways/): The Indian rupee was little changed around 88.7 per USD, trading in a sideways range, as upbeat comments from US President Trump on a potential India-US trade deal offered limited support. Trump said the US is close to a deal that would deepen economic and security ties and eventually lower tariffs on Indian goods. However, … - [Trade of The Day - US500](https://todaymarkets.ae/trade-of-the-day-us500-2/): Facts: Recommendation: Long position on US500 Opinion: Following Friday’s sharp correction, the crisis in the indices appears to have been contained—at least in the short term. At the start of the week, the markets received two key catalysts for further growth. One of them is the potential end of the U.S. government shutdown and the … - [Countdown to Black Friday - Which Stocks Could Benefit](https://todaymarkets.ae/countdown-to-black-friday-which-stocks-could-benefit/): Black Friday marks more than just one day of promotions — it’s the symbolic beginning of the most lucrative period for global retailers, and especially for e-commerce platforms. While not every brand will see the same sales surge (everything depends on product mix and consumer tastes), one thing is certain — online spending continues to grow, and the e-commerce … - [US100 Gains 1.5%](https://todaymarkets.ae/us100-gains-1-5-2/): The market sees the end of the U.S. government shutdown 💲 US100 futures are up about 1.5% today before the U.S. market open, recovering part of the recent losses amid improving sentiment around the ongoing U.S. government shutdown. US100 (H1) Source: xStation5 The material on this page does not constitute financial advice and does not … - [Cryptocurrencies Gain Amid Improving Sentiments on Wall Street](https://todaymarkets.ae/cryptocurrencies-gain-amid-improving-sentiments-on-wall-street/): Cryptocurrencies attempt a rebound on Monday after sharp declines, during which BTC fell about 20% from its all-time high, while Ethereum pulled back to around $3,000 from $4,900 seen in the summer. Today, both of the largest cryptocurrencies are gaining along with U.S. stock indices, where improving sentiment may signal higher inflows into ETF funds. Hopes for a U.S. government reopening have increased, … - [Chart of The Day - USD/CAD](https://todaymarkets.ae/chart-of-the-day-usd-cad-2/): The USD/CAD pair is attracting market attention today, showing noticeable volatility. Currently, the pair is trading around 1.4013, reflecting the Canadian dollar’s strengthening against the US dollar in recent days. Fluctuations in this pair mirror the current sentiment in both countries’ economies as well as developments in global markets. The exchange rate dynamics result from a … - [Since October Over 40 Million Americans Are Food Insecure](https://todaymarkets.ae/since-october-over-40-million-are-food-insecure/): The government shutdown currently ongoing in the United States, resulting from a budget bill dispute, has extended and officially become the longest in U.S. history. It has surpassed the previous 35-day shutdown, which also occurred under Donald Trump’s administration. The economic, financial, and social impacts are increasingly widespread in the economy.The latest crisis resulting from … - [Chinese Inflation Turns Positive](https://todaymarkets.ae/chinese-inflation-turns-positive/): In October 2025, China recorded its first positive consumer price inflation (CPI) reading since June, with CPI rising 0.2% year-on-year, slightly above market expectations of zero growth. This indicates that the deflation present for most of the year is starting to ease, driven by rising consumer demand and the effects of economic stimulus measures, particularly … - [The Week Ahead](https://todaymarkets.ae/the-week-ahead/): The Week Ahead: risk sentiment gets a boost as US government shutdown set to end Risk sentiment has been given a boost today, after news broke overnight that 8 Democrats had voted with Republicans to advance a procedural vote to bring the record-breaking 40 day government shutdown to an end. Markets set to surge on … - [EUR/USD falls to near 1.1550 as US government shutdown nears resolution](https://todaymarkets.ae/eur-usd-falls-to-near-1-1550-as-us-government-shutdown-nears-resolution/): EUR/USD depreciates after three days of losses, trading around 1.1550 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) receives support after Bloomberg reported the record-breaking US government shutdown is nearing an end. A group of centrist Senate Democrats agreed to support a deal to reopen the government and … - [Gold climbs on global growth worries, hopes for deal on shutdown might cap its upside](https://todaymarkets.ae/gold-climbs-on-global-growth-worries-hopes-for-deal-on-shutdown-might-cap-its-upside/): Gold price (XAU/USD) rises to above $4,050 during the early European trading hours on Monday. The precious metal edges higher amid uncertainty over the US economic outlook. Traders ramped up bets on a US rate cut following weak US private jobs data and a downbeat University of Michigan (UoM) Consumer Sentiment Index survey. Lower interest rates could reduce … - [USD/CAD trades lower to near 1.4030 amid talks to end US federal shutdown](https://todaymarkets.ae/usd-cad-trades-lower-to-near-1-4030-amid-talks-to-end-us-federal-shutdown/): The USD/CAD pair trades 0.12% lower to near 1.4030 during the Asian trading session on Monday. The Loonie pair faces selling pressure as the Canadian Dollar (CAD) broadly outperforms its peers, except antipodeans, following the release of the upbeat Canada labour market data for October on Friday. Canadian Dollar Price Today The table below shows the percentage … - [USD/INR flattens ahead of US Senate vote on federal reopening](https://todaymarkets.ae/usd-inr-flattens-ahead-of-us-senate-vote-on-federal-reopening/): The Indian Rupee (INR) trades flat against the US Dollar (USD) at open on Monday. The USD/INR pair consolidates around 88.80 as the US Dollar (USD) trades calmly on hopes that the United States (US) government shutdown will end soon. At the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major … - [Offshore Yuan Steady Amid Strong Inflation Data](https://todaymarkets.ae/offshore-yuan-steady-amid-strong-inflation-data/): The offshore yuan remained around 7.12 per dollar, trading in a sideways range as weekend data showed consumer prices in China unexpectedly rose 0.2% in October, rebounding from a 0.3% decline in September and defying forecasts for no change. Producer prices fell 2.1% last month, the softest decrease in 14 months. Those figures followed trade … - [Silver Extends Gains](https://todaymarkets.ae/silver-extends-gains/): Silver rose above $49 per ounce on Monday, reaching a three-week high amid growing concerns over the US economy. The rally was supported by a weaker dollar, which makes dollar-denominated commodities cheaper for foreign buyers. The University of Michigan’s consumer sentiment index fell to 50.3 in November, the second-lowest reading on record and below expectations … - [Australian Dollar Gains on Hawkish RBA Comments](https://todaymarkets.ae/australian-dollar-gains-on-hawkish-rba-comments/): The Australian dollar climbed above $0.65, nearing one-week highs, after Reserve Bank of Australia Deputy Governor Andrew Hauser noted that monetary policy faces an unusual challenge and emphasized the need to keep policy tight to contain inflation. Hauser added that demand was “slightly” above potential when GDP growth accelerated last year, marking the tightest recovery … - [US Futures Rise on Hopes of Government Reopening](https://todaymarkets.ae/us-futures-rise-on-hopes-of-government-reopening/): US stock futures advanced on Monday amid signs that lawmakers are nearing a deal to end the record-long government shutdown. Senate Majority Leader John Thune said Sunday that a budget agreement is taking shape, potentially reopening the government through January and reversing some recent federal layoffs. Reports also indicated that some Democrats may back the … - [Inflation Risks Keep RBA Cautious on Policy Easing: Deputy Governor Hauser](https://todaymarkets.ae/inflation-risks-keep-rba-cautious-on-policy-easing-deputy-governor-hauser/): Australia’s monetary policy faces a tricky phase as the economy’s recovery began with demand already exceeding potential output, leaving little room for near-term easing, the Reserve Bank Deputy Governor Andrew Hauser said in a speech on Monday. He noted demand was “slightly” above potential when GDP growth picked up last year, the tightest recovery since … - [Oil Edges Higher Ahead of Market Outlook Reports](https://todaymarkets.ae/oil-edges-higher-ahead-of-market-outlook-reports/): WTI crude futures climbed above $60 per barrel on Monday after declining for two straight weeks, as investors braced for the latest market outlook reports from OPEC and the International Energy Agency this week for fresh market insights. Oil prices came under pressure recently from expectations that global supply will outpace demand, with OPEC and … - [Australia 10Y Yield Hovers Near 2-Year High](https://todaymarkets.ae/australia-10y-yield-hovers-near-2-year-high/): Australia’s 10-year government bond yield traded around 4.77%, near its highest level in over two years, as investors increasingly priced in the risk of renewed policy tightening. The RBA meeting minutes showed policymakers were less confident that monetary policy remains sufficiently restrictive, amid growing concern that inflation pressures could prove more persistent than previously expected. … - [Silver Hits New Peak](https://todaymarkets.ae/silver-hits-new-peak/): Silver climbed to a fresh all-time high of $69.5 per ounce on Tuesday, surpassing previous records as escalating geopolitical tensions continued to bolster price strength. Heightened uncertainty stemming from US enforcement actions against Venezuelan tankers and PDVSA’s ongoing struggles following a cyberattack reinforced silver’s role as a safe-haven asset. The metal is on track for … - [Japan 10-Year Yield Retreats](https://todaymarkets.ae/japan-10-year-yield-retreats/): Japan’s 10-year government bond yield slipped to around 2% on Tuesday, retreating from two consecutive session of record peaks, mainly attributed to possible dip-buying interest. A senior Japan rates strategist said that buying at current levels could offer higher returns than the interest earned on Bank of Japan current account deposits, as long as yields … - [South Korean Shares Rise on Wall Street Tech Rally](https://todaymarkets.ae/south-korean-shares-rise-on-wall-street-tech-rally/): The benchmark KOSPI rose 0.5% to around 4,125 on Tuesday, extending gains from the previous session, following Wall Street’s rally and strength across key sectors. Samsung Electronics and SK hynix advanced 1.5% and 1.2% respectively, tracking US tech gains and supporting expectations of a year-end AI-driven rally. Semiconductor sentiment was further lifted by reports that … - [Hong Kong Stocks Rise for Fifth Straight Session](https://todaymarkets.ae/hong-kong-stocks-rise-for-fifth-straight-session/): The Hang Seng climbed 107 points, or 0.4%, to 25,909 in Tuesday morning deals, lingering at its highest level in over one week and extending gains for a fifth straight session. The move tracked a rise in US futures as tech sectors continued to recover from a volatile streak, with renewed optimism around AI-related shares … - [Gold Scales New All-Time Peak](https://todaymarkets.ae/gold-scales-new-all-time-peak/): Gold prices climbed to a fresh record above $4,480 per ounce on Tuesday, marking the 50th record-breaking session this year, driven by expectations of looser US monetary policy and mounting geopolitical tensions. Markets are currently pricing in two quarter-point rate cuts by the Federal Reserve next year, amid signs of easing inflation and a cooling … - [Oil Holds Advance](https://todaymarkets.ae/oil-holds-advance-2/): WTI crude oil futures hovered around $57.9 per barrel on Tuesday, following four consecutive sessions of gains, as traders remained focused on heightened geopolitical risks. President Donald Trump said on Monday that the US is actively pursuing a third oil tanker off the coast of Venezuela and will retain both the oil and the vessels … - [RBA Sees Upside Risks to Inflation Outlook: December Minutes](https://todaymarkets.ae/rba-sees-upside-risks-to-inflation-outlook-december-minutes/): Australia’s central bank this month considered whether a rise in interest rates might be needed in 2026, given a recent pick-up in inflation, but felt it would take a “little” time to know for sure. The board of the Reserve Bank of Australia (RBA) judged that inflation risks had increased following surprisingly high consumer price … - [Australian Shares Hit Over 1-Month High](https://todaymarkets.ae/australian-shares-hit-over-1-month-high/): The S&P/ASX 200 rose 0.5% to 8,739 on Tuesday, marking its highest level since mid-November, as strength in commodity-linked stocks continued to underpin the market. Mining stocks led the gains, hitting a fresh record as firmer iron ore and copper prices boosted investor sentiment. Heavyweights BHP Group rose 1%, while Rio Tinto added 1.1%. Gold … - [China Stocks Rally for 5th Session](https://todaymarkets.ae/china-stocks-rally-for-5th-session/): The Shanghai Composite rose 0.3% to around 3,930, while the Shenzhen Component gained 0.6% to 13,410 on Tuesday, with the mainland markets extending a five-session rally to a four-week high amid renewed optimism over AI trade. Local technology stocks led the charge, tracking Wall Street’s overnight advance as major US tech firms continued to rebound … - [Dollar Weakens](https://todaymarkets.ae/dollar-weakens/): The dollar index fell toward 98 on Tuesday, its lowest since early October, amid rising expectations of more rate cuts by the Federal Reserve. Markets are currently pricing in two quarter-point rate reductions in 2026, also reinforced by President Trump’s calls for lower borrowing costs. However, Fed officials remain deeply divided on the path forward. … - [Nvidia - Potential H200 Shipments to China in Spotlight](https://todaymarkets.ae/nvidia-potential-h200-shipments-to-china-in-spotlight/): NVIDIA is currently at a point that could prove to be one of the most significant moments for the company’s valuation in the coming quarters, particularly in the context of its relationship with the Chinese artificial intelligence market. According to emerging reports, the company has informed selected clients in China about plans to begin shipments of … - [European Markets in Consolidation](https://todaymarkets.ae/european-markets-in-consolidation/): European indices erase most of their early session gains, with many local markets turning negative in the first phase of Monday’s trading session. The German DAX gains just 0.03%, while the French CAC40 loses 0.34% and the British FTSE100 declines 0.43%. However, market attention is slowly shifting toward expectations regarding the economic backdrop that will … - [The Week Ahead: Gold reaches a new record](https://todaymarkets.ae/the-week-ahead-gold-reaches-a-new-record/): Risk is on as we enter the penultimate trading week of the year. Gold reached a fresh record high, Asian stocks surged, and the Nikkei jumped by more than 1.8%. US equity futures are pointing higher; however, European stocks are lagging after a number of European indices breached fresh record highs in recent days including … - [Chart of The Day - CHN.Cash](https://todaymarkets.ae/chart-of-the-day-chn-cash-2/): The People’s Bank of China (PBOC) kept interest rates unchanged—the 1-year LPR remained at 3% and the 5-year at 3.5%—for the seventh consecutive time. The decision to remain unchanged comes at a time when the world’s second-largest economy is struggling with clearly weak economic indicators for November. Retail sales rose by only 1.3% year-on-year, well … - [EUR/CAD steadies near 1.6160 as holiday trading limits volumes](https://todaymarkets.ae/eur-cad-steadies-near-1-6160-as-holiday-trading-limits-volumes/): EUR/CAD moves little after registering little gains in the previous session, hovering around 1.6160 during the early European hours on Monday. Volumes are expected to remain light as trading enters a holiday-shortened week ahead of Christmas. The European Central Bank (ECB) kept its key policy rate on hold at 2.0% since June, and its latest pause last … - [Dow Jones futures rise on AI optimism ahead of holiday week](https://todaymarkets.ae/dow-jones-futures-rise-on-ai-optimism-ahead-of-holiday-week/): Dow Jones futures gain 0.14% to trade above 48,500 during Monday’s European session, while S&P 500 and Nasdaq 100 futures also advance, edging up 0.35% and 0.53% to roughly 6,910 and 25,700, respectively. However, volumes are expected to remain light as trading enters a holiday-shortened week ahead of Christmas. US index futures move higher after Wall Street … - [](https://todaymarkets.ae/13852-2/): Facts: Recommendation: Long position at market price Opinion: Tensions between the US and Venezuela are clearly escalating. The US Coast Guard has already intercepted two tankers and is pursuing another, accusing Caracas of using oil revenues to finance drug-related crime and operating a “dark fleet” designed to evade sanctions. Venezuela has responded with accusations of … - [Japanese Yen stays firm amid safe-haven flows, intervention fears; lacks follow-through](https://todaymarkets.ae/japanese-yen-stays-firm-amid-safe-haven-flows-intervention-fears-lacks-follow-through/): The Japanese Yen (JPY) retains its bullish bias through the early European session on Monday, though it lacks bullish conviction amid a combination of diverging forces. Rising tensions between the US and Venezuela, along with concerns about renewed Israel-Iran conflict and persistent uncertainties stemming from the protracted Russia-Ukraine war, underpin the JPY’s safe-haven status. Furthermore, … - [GBP/USD Ticks Higher After U.K GDP Data](https://todaymarkets.ae/gbp-usd-ticks-higher-after-u-k-gdp-data/): UK GDP YoY Actual 1.3% (Forecast 1.3%, Previous 1.3%) UK GDP QoQ Actual 0.1% (Forecast 0.1%, Previous 0.1%) The data was in line with expectations, but the British pound gained after the release, which may indicate that part of the market expected lower revisions in the GDP reading. In theory, data pointing to economic growth … - [UK Q3 GDP Growth Confirmed at 0.1%](https://todaymarkets.ae/uk-q3-gdp-growth-confirmed-at-0-1/): The UK economy expanded by just 0.1% in Q3 2025, confirming preliminary estimates and slowing from 0.3% growth in the previous quarter. The production sector fell 0.3%, led by manufacturing (-0.8%) and mining and quarrying (-0.4%). Within manufacturing, transport equipment declined 4.7%, with motor vehicles, trailers, and semi-trailers tumbling 10.3% after a cyberattack severely disrupted … - [WTI jumps above $57.50 as US intercepts Venezuelan tanker](https://todaymarkets.ae/wti-jumps-above-57-50-as-us-intercepts-venezuelan-tanker/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.65 during the early European trading hours on Monday. The WTI price rises after US President Donald Trump said that he will not rule out war with Venezuela, raising fresh supply uncertainty. Traders brace for the release of the American Petroleum Institute (API) crude oil stockpiles … - [Dollar Holds Steady](https://todaymarkets.ae/dollar-holds-steady/): The dollar index held at 98.6 on Monday after a modest gain last week, with trading expected to be quiet this week due to the Christmas holiday. Investor attention will mainly be on the advance-estimate GDP data for the third quarter, set for release on Tuesday, which may offer further insights into the economy’s health … - [Offshore Yuan Steady After PBoC Decision](https://todaymarkets.ae/offshore-yuan-steady-after-pboc-decision-2/): The offshore yuan held steady to around 7.04 per dollar, hovering near a three-month high, as investors assessed the People’s Bank of China’s decision to keep loan prime rates unchanged. The central bank kept its one-year LPR at 3.0% and the five-year LPR at 3.5%, holding both at record lows for the seventh consecutive month … - [Australia 10Y Yield Rises to Over 2-Year High](https://todaymarkets.ae/australia-10y-yield-rises-to-over-2-year-high/): Australia’s 10-year government bond yield rose to around 4.81%, the highest since October 2023, as markets scaled up expectations that the Reserve Bank will resume rate hikes next year. Markets have shifted to full price in a rate increase in the first half of 2026, with a 72% probability of an additional move by year-end. … - [US 10-Year Yield Rises Further](https://todaymarkets.ae/us-10-year-yield-rises-further/): The yield on the US 10-year Treasury note climbed to around 4.17% on Monday, extending its rebound from Friday amid a global rise in bond yields due to expectations of tighter monetary policy from major foreign central banks. Japanese 10-year bond yield surged to its highest since 1999 after the Bank of Japan raised its … - [USD/CAD steadies near 1.3800 as Oil prices climb on supply fears](https://todaymarkets.ae/usd-cad-steadies-near-1-3800-as-oil-prices-climb-on-supply-fears/): USD/CAD moves little after registering little gains in the previous session, trading around 1.3800 during the Asian hours on Monday. The pair may come under pressure as the commodity-linked Canadian Dollar (CAD) draws support from rising Oil prices, given Canada’s status as the largest Oil exporter to the United States (US). West Texas Intermediate (WTI) Oil … - [XAG/USD hits record highs near $69.00 on renewed Israel-Iran tensions](https://todaymarkets.ae/xag-usd-hits-record-highs-near-69-00-on-renewed-israel-iran-tensions/): Silver price (XAG/USD) trades 2.5% higher to near $69.00 during the Asian trading session on Monday, the highest level ever seen. The white metal strengthens as investors shift to a safe-haven fleet on renewed tensions between Israel and Iran. According to a report from NBC News, Israeli officials have grown increasingly concerned that Iran is expanding production … - [China Stocks Rise for 4th Session](https://todaymarkets.ae/china-stocks-rise-for-4th-session/): The Shanghai Composite rose 0.6% to around 3,915, while the Shenzhen Component climbed 1.1% to 13,288 on Monday, with mainland stocks extending a four-session rally to a two-week high after the central bank left key lending rates unchanged. The People’s Bank of China kept its one-year Loan Prime Rate at 3.0% and the five-year LPR … - [US pursuing third oil tanker in Venezuela Blockade — Reuters](https://todaymarkets.ae/us-pursuing-third-oil-tanker-in-venezuela-blockade-reuters/): The United States (US) is still in pursuit of a third oil tanker near Venezuela, officials told Reuters on Sunday, as US President Donald Trump intensifies an oil blockade on Nicolás Maduro’s government. “The United States Coast Guard is in active pursuit of a sanctioned ‘dark fleet’ vessel that is part of Venezuela’s illegal sanctions … - [GBP/USD gains ground near 1.3400 ahead of UK Q3 GDP data](https://todaymarkets.ae/gbp-usd-gains-ground-near-1-3400-ahead-of-uk-q3-gdp-data/): GBP/USD gains ground after three days of losses, trading around 1.3390 during the Asian hours on Monday. The pair depreciates as the Pound Sterling (GBP) holds ground ahead of the release of the United Kingdom (UK) Gross Domestic Product (GDP) for the third quarter. The British Pound may face headwinds as markets have fully priced in a … - [Australian Dollar holds gains following PBOC decision](https://todaymarkets.ae/australian-dollar-holds-gains-following-pboc-decision/): The Australian Dollar (AUD) holds gains against the US Dollar (USD) on Monday after the People’s Bank of China (PBOC), China’s central bank, announced to leave its Loan Prime Rates (LPRs) unchanged. The one- and five-year LPRs were at 3.00% and 3.50%, respectively. Traders will likely focus on the Reserve Bank of Australia’s (RBA) Meeting Minutes due … - [South Korean Shares Track Wall Street Higher](https://todaymarkets.ae/south-korean-shares-track-wall-street-higher/): The benchmark KOSPI climbed 1.8% to around 4,090 on Monday, rebounding from significant losses in the previous week, tracking Friday’s gains on Wall Street. The rally on Wall Street was primarily driven by strong performances in major tech and AI-related stocks, encouraging fresh inflows into Korean stocks closely tied to the global AI supply chain. … - [Hang Seng Rises on PBoC Move, Tracks Wall Street Higher](https://todaymarkets.ae/hang-seng-rises-on-pboc-move-tracks-wall-street-higher/): Hong Kong stocks climbed 71 points, or 0.3%, to 25,762 in Monday morning trade, hitting their highest level in over one week and gaining for a fourth straight session. The move tracked an upbeat session on Wall Street, as technology stocks outperformed due to re-ignited optimism around AI-related shares. Sentiment was also supported by the … - [Yen Rebounds on Intervention Signals](https://todaymarkets.ae/yen-rebounds-on-intervention-signals/): The Japanese yen rose to around 157 per dollar on Monday, rebounding from a four-week low hit in the previous session, as authorities signaled the possibility of intervention. Top currency diplomat Atsushi Mimura emphasized that officials would take “appropriate” action against excessive exchange-rate movements, reflecting concern over sharp, one-way trends. His comments followed remarks by … - [New Zealand Stocks Higher to Begin the Week](https://todaymarkets.ae/new-zealand-stocks-higher-to-begin-the-week/): The NZX 50 climbed 78 points, or 0.6%, reaching 13,412 during Monday morning’s trade, hitting its highest level since December 11. This increase was mainly driven by gains in financials, healthcare, and tech sectors. The positive momentum was supported by a strong performance in tech stocks on Wall Street last Friday. The market was also … - [US Futures Start the Week Higher](https://todaymarkets.ae/us-futures-start-the-week-higher-2/): US stock futures advanced on Monday ahead of a shortened holiday week, after the major indexes sharply gained in the previous session, as technology stocks outperformed, offsetting tumbling consumer stocks. In Friday’s regular trading, the S&P 500 rose 0.88%, the Nasdaq Composite gained 1.31%, and the Dow climbed 0.38%, with megacaps extending gains from Thursday … - [Australian Shares Kick Off the Week Higher](https://todaymarkets.ae/australian-shares-kick-off-the-week-higher-2/): The S&P/ASX 200 rose 0.7% to 8,682 on Monday, rebounding from losses in the previous week as strong gains in materials stocks lifted the market. Mining heavyweights were among the standout performers, with BHP Group advancing 1.5%, Rio Tinto rising 1.2%, and Fortescue gaining 1.9%. Gold stocks also outperformed, with Newmont Corporation jumping nearly 4%, … - [China Keeps LPR Rates Steady for 7th Month](https://todaymarkets.ae/china-keeps-lpr-rates-steady-for-7th-month/): The People’s Bank of China (PBoC) maintained key lending rates at record lows for a seventh consecutive month in December, in line with market expectations. The move came after the central bank left its seven-day reverse repo rate unchanged at 1.4% this month, now serving as the main policy rate, following the central bank’s signalling … - [Japanese Shares Break 50,000 Mark](https://todaymarkets.ae/japanese-shares-break-50000-mark/): The Nikkei 225 Index climbed 1.92% to 50,453 on Monday, comfortably surpassing the 50,000-point mark, tracking Friday’s strong performance on Wall Street. The rally on Wall Street was driven by robust technology earnings and easing concerns over a potential technology boom risk. The gains in the index were also supported by a weakening yen amid … - [Oil Gains Amid Rising Geopolitical Tensions](https://todaymarkets.ae/oil-gains-amid-rising-geopolitical-tensions/): WTI crude oil futures rose to $56.9 per barrel on Monday, extending Friday’s gains as rising geopolitical tensions fueled concerns over potential supply disruptions. The US is reportedly pursuing another vessel near Venezuelan waters, intensifying President Trump’s blockade of the country. Washington has already seized two oil tankers this month, most recently on Saturday, amid … - [Gold Hits Record High](https://todaymarkets.ae/gold-hits-record-high/): Gold prices hit a record high at above $4,380 per ounce on Monday, driven by expectations of further US interest rate cuts and escalating geopolitical tensions. Markets are currently pricing in two additional rate cuts by the Federal Reserve next year, following softer-than-expected US inflation data last week. On the geopolitical front, the US is … - [Traders look towards next week's Nonfarm Payrolls and PCE data.](https://todaymarkets.ae/traders-look-towards-next-weeks-nonfarm-payrolls-and-pce-data/) - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week-5/): The Christmas week is usually associated with lower volatility and thin trading, which results not only from the reduced number of sessions on major exchanges but also from the holiday season. This year, however, market conditions may surprise us. The accumulation of economic data from the United States just before the holiday break, along with … - [Lam Research Stock Rises Following New Analyst Upgrades](https://todaymarkets.ae/lam-research-stock-rises-following-new-analyst-upgrades/): Lam Research continues its strong upward trend and enters 2026 in very good shape. In recent weeks, the company’s shares have reached all-time highs, and since the beginning of the year, they have risen by over 130%, reflecting strong market interest in the semiconductor sector driven by artificial intelligence. Today, Lam Research’s stock is up more … - [Oracle Rises on TikTok Deal Progress](https://todaymarkets.ae/oracle-rises-on-tiktok-deal-progress/): Oracle (ORCL) shares experienced a dynamic increase following reports on progress in the TikTok transaction in the U.S. and fundraising discussions with OpenAI, highlighting the company’s strategic strengthening in the cloud computing and artificial intelligence sectors. ByteDance has agreed to sell over 80% of TikTok’s U.S. operations to a consortium including Oracle, Silver Lake, and MGX from Abu Dhabi. The … - [Nat-Gas Prices Rebound on Technical Short Covering](https://todaymarkets.ae/nat-gas-prices-rebound-on-technical-short-covering/): January Nymex natural gas (NGF26) on Friday closed up by +0.076 (+1.94%). Jan nat-gas prices recovered from a 7-week low on Friday and settled sharply higher after oversold conditions sparked technical short covering in nat-gas futures.  Since posting a 3-year high on December 5, nat-gas prices have been in freefall as warmer US weather has … - [Crude Oil Prices Settle Higher on Heightened Geopolitical Risks](https://todaymarkets.ae/crude-oil-prices-settle-higher-on-heightened-geopolitical-risks/): January WTI crude oil (CLF26) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0069 (+0.41%). Crude oil and gasoline prices settled higher on Friday.  Crude prices are supported amid heightened geopolitical risks in Venezuela and Russia.  Also, Friday’s stock rally boosts optimism about the economic outlook, which is supportive of … - [Cattle Rally Ahead of Bullish Cattle on Feed Report](https://todaymarkets.ae/cattle-rally-ahead-of-bullish-cattle-on-feed-report/): Live cattle futures saw $1.85 to $2.40 gains to close out Friday, as Feb was $1.25 higher this week. Cash trade was softer his week at $228 across the country and $356-358 dressed. Feeder cattle futures were up $4 to $5.325 on Friday, with January closing the week $6.50 higher. The CME feeder cattle index from … - [Corn Closes Friday with Fractional Losses](https://todaymarkets.ae/corn-closes-friday-with-fractional-losses/): Corn futures posted fractional losses across most contracts to close out the Friday session. March closed the week with a 3 cent gain. The CmdtyView national average Cash Corn price was down ¾ cent to $3.99.  We will get another USDA Export Sales report update on Monday, with traders looking for 1.2-2.4 MMT of corn sold in … - [Wheat Closes Friday Mixed](https://todaymarkets.ae/wheat-closes-friday-mixed/): The wheat complex was mixed on Friday, with the KC wheat market being the weakest. Chicago SRW futures were up 1 to 2 cents to round out Friday, as March was 19 ½ cents lower this week. KC HRW futures saw 1 to 2 cent losses, as March was just 2 ¾ cents in the … - [Soybeans Close Friday with Continued Weakness](https://todaymarkets.ae/soybeans-close-friday-with-continued-weakness/): Soybeans extended the weakness on Friday, as most front months were down 2 to 3 cents. January closed out the week down 27 ½ cents from last Friday. The cmdtyView national average Cash Bean price was 2 3/4 cents lower at $9.78 1/2. Soymeal futures were down 80 cents to $1.50, with January $4.90 lower this week. Soy Oil futures were … - [Arabica Coffee Sharply Lower as Supply Outlook Improves](https://todaymarkets.ae/arabica-coffee-sharply-lower-as-supply-outlook-improves/): March arabica coffee (KCH26) on Friday is down -4.45 (-1.29%), and January ICE robusta coffee (RMF26) closed up +4 (+0.11%). Coffee prices settled mixed on Friday, with arabica falling to a new 4-month low and closing sharply lower. Ample rains in Brazil have eased concerns over coffee crop development and are weighing on arabica coffee … - [Cocoa Prices Undercut Amid the Prospects of Abundant Supplies](https://todaymarkets.ae/cocoa-prices-undercut-amid-the-prospects-of-abundant-supplies/): March ICE NY cocoa (CCH26) on Friday closed down -89 (-1.50%), and March ICE London cocoa #7 (CAH26) closed down -43 (-0.99%). Cocoa prices extended this week’s losses on Friday, with NY cocoa falling to a 1.5-week low.  Favorable weather in West Africa is expected to boost yields and supply, which is undercutting prices.  Cocoa … - [Sugar Prices Sharply Higher as Funds Close Out Short Positions](https://todaymarkets.ae/sugar-prices-sharply-higher-as-funds-close-out-short-positions/): March NY world sugar #11 (SBH26) on Friday closed up +0.34 (+2.35%), and March London ICE white sugar #5 (SWH26) closed up +9.60 (+2.31%). Sugar prices settled sharply higher on Friday due to short-covering as funds closed out short positions ahead of the year-end Christmas and New Year’s holidays, a time of thin trading and … - [Cotton Closes with Gains on Friday](https://todaymarkets.ae/cotton-closes-with-gains-on-friday/): Cotton futures closed the Friday session with contracts 20 to 25 points on the day, as March slipped back 8 points on the week. Crude oil futures were 55 cents per barrel higher at $56.55. The US dollar index was $0.292 higher to $98.380.  Cotton Ginnings data as of December 15 showed a total of … - [USD/JPY rises above 157.00 despite BoJ 25bps rate hike – Rabobank](https://todaymarkets.ae/usd-jpy-rises-above-157-00-despite-boj-25bps-rate-hike-rabobank/): Today’s decision by the BoJ to hike its policy rate by 25 bps as expected has failed to support the JPY. Indeed, USD/JPY has pushed above the 157.00 level this morning marking its highest levels for almost a month. The price action in the JPY suggests that the rhetoric that accompanied today’s policy decision was … - [EUR/USD pulls back near 1.1710 on French fiscal headwinds – BBH](https://todaymarkets.ae/eur-usd-pulls-back-near-1-1710-on-french-fiscal-headwinds-bbh/): EUR/USD softened to 1.1710 after French PM Lecornu confirmed that Parliament will miss year-end budget approval, forcing a special rollover law. Despite this fiscal setback, the European Central Bank’s (ECB) hold on rates at 2.00% and upward revisions to growth and 2026 inflation underpin the euro, with rising wage pressures adding to the currency’s support, BBH FX analysts … - [EUR: ECB holds rates steady for fourth meeting – OCBC](https://todaymarkets.ae/eur-ecb-holds-rates-steady-for-fourth-meeting-ocbc/): The European Central Bank (ECB) kept policy rates unchanged, reinforcing its flexible, data-dependent stance. While not committing to a hike, President Lagarde emphasized that all options remain on the table, supporting expectations that the easing cycle may have ended. EUR/USD remains supported, with technicals favoring buy-on-dips despite a corrective pullback risk. Pair was last seen at 1.1713 levels, OCBC’s … - [GBP: Sterling finds brief relief – ING](https://todaymarkets.ae/gbp-sterling-finds-brief-relief-ing/): The Pound Sterling (GBP) gained modest support after a less-dovish Bank of England (BoE) message, but expectations of further rate cuts in early 2026 should keep EUR/GBP underpinned near 0.87, ING’s FX analyst Chris Turner notes. BoE less dovish than feared “Sterling drew some support from a Bank of England press release which was not as dovish … - [JPY: BoJ hikes, Yen shrugs – Commerzbank](https://todaymarkets.ae/jpy-boj-hikes-yen-shrugs-commerzbank/): The Bank of Japan (BoJ) raised rates to a 30-year high and signaled further hikes, but the yen weakened as markets judged the tightening path too slow to drive a near-term Japanese Yen (JPY) rebound, Commerzbank’s FX analyst Volkmar Baur notes. USD/JPY jumps above 156 “This morning, the BoJ raised its key interest rate to 0.75%, the highest level … - [EUR: EU agrees €90bn Ukraine loan – ING](https://todaymarkets.ae/eur-eu-agrees-e90bn-ukraine-loan-ing/): EU leaders secured a €90bn loan package for Ukraine, a market-friendly outcome for the Euro (EUR), as EUR/USD drifts toward support near 1.1680 with range trading likely to persist, ING’s FX analyst Chris Turner notes. ECB fails to move markets “Late last night, EU leaders managed to secure a EUR90bn loan for Ukraine. The money would be … - [Chart of The Day - JP225](https://todaymarkets.ae/chart-of-the-day-jp225-3/): The Japanese Nikkei index (JP225) rose 0.95% on Friday, which is the opposite of what might seem like the natural consequence of the Bank of Japan’s decision to raise interest rates. The key to understanding this move lies in the decidedly dovish tone of the BoJ’s communication, as presented by Governor Ueda during a press … - [Gold drifts lower as profit-taking offsets Fed rate cut hopes](https://todaymarkets.ae/gold-drifts-lower-as-profit-taking-offsets-fed-rate-cut-hopes/): Gold price (XAU/USD) declines to below $4,350 during the early European trading hours on Friday. The precious metal edges lower due to some profit-taking and weak long liquidation from shorter-term futures traders.  Nonetheless, the potential downside for the yellow metal might be limited amid rising expectations of further US Federal Reserve (Fed) rate cuts after the US … - [USD/INR remains on backfoot on RBI's tentative boost to Indian Rupee](https://todaymarkets.ae/usd-inr-remains-on-backfoot-on-rbis-tentative-boost-to-indian-rupee/): The Indian Rupee (INR) opens on a bullish note against the US Dollar (USD) on Friday. The USD/INR pair declines to near 90.30 as weakness in the US Dollar due to an unexpected slowdown in the United States (US) inflation has supported the Reserve Bank of India’s (RBI) tentative boost to the Indian Rupee. On Thursday, the … - [USD/CAD Price Forecast: Remains broadly sideways below 1.3800](https://todaymarkets.ae/usd-cad-price-forecast-remains-broadly-sideways-below-1-3800/): The USD/CAD pair trades higher around 1.3790 in the early European trading session on Friday. The Loonie pair edges up as the US Dollar (USD) regains ground after being jolted by soft United States (US) Consumer Price Index (CPI) data for November. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six … - [EUR/GBP holds steady near 0.8750 following BoE rate cut, ECB policy hold](https://todaymarkets.ae/eur-gbp-holds-steady-near-0-8750-following-boe-rate-cut-ecb-policy-hold/): The EUR/GBP cross trades on a flat note around 0.8760 during the early European session on Friday. This move follows the Bank of England’s (BoE) interest rate cut and market expectations for a steady European Central Bank (ECB) policy. The UK Retail Sales report for November will be in the spotlight later on Friday. The UK central … - [EUR/USD Price Forecast: Tests nine-day support near 1.1700](https://todaymarkets.ae/eur-usd-price-forecast-tests-nine-day-support-near-1-1700/): EUR/USD remains weaker for the fourth consecutive session, trading around 1.1720 during the Asian hours on Friday. On the daily chart, technical analysis indicates a prevailing bullish bias, as the pair remains within the ascending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) stands at 62.11, signaling firm positive momentum without overbought pressure. The … - [Silver Hovers Near Record Highs](https://todaymarkets.ae/silver-hovers-near-record-highs-2/): Silver strengthened above $65.5 per ounce on Friday, hovering near record levels, supported by the ongoing debasement trade and strong underlying fundamentals. The metal is on track for a fourth consecutive weekly gain and is up more than 120% year-to-date. Investor demand for silver and other precious metals has surged this year as falling interest … - [Dutch Consumer Mood Remains Negative](https://todaymarkets.ae/dutch-consumer-mood-remains-negative/): Consumer confidence in the Netherlands was unchanged at -21 in December 2025, holding steady from November and indicating persistently subdued sentiment. Views on the economic climate deteriorated slightly, with the index edging down to -35 from -34 in November, as expectations for the broader economy weakened. Assessments of the economic situation over the past twelve … - [China Stocks Gain on Defense, Aerospace Boost](https://todaymarkets.ae/china-stocks-gain-on-defense-aerospace-boost/): The Shanghai Composite rose 0.6% to around 3,900, while the Shenzhen Component climbed 0.8% to 13,155 on Friday, marking a third consecutive session of gains for mainland markets as gains in defense and aerospace stocks supported the market. Those moves came as a proposed $11 billion US arms sale to Taiwan drew an angry response … - [Japan Raises Policy Rate to Highest Since 1995](https://todaymarkets.ae/japan-raises-policy-rate-to-highest-since-1995/): The Bank of Japan unanimously raised its key short-term interest rate by 25bps to 0.75% at its December meeting, marking the highest level since September 1995 and aligning with market expectations. The move marked the central bank’s second rate hike this year, following a similar increase in January, underscoring a gradual shift away from its … - [Australian Dollar Set for Weekly Decline](https://todaymarkets.ae/australian-dollar-set-for-weekly-decline/): The Australian dollar held steady around $0.661, hovering two-week lows and headed for its first weekly decline in a month, as investors awaited the Reserve Bank’s December meeting minutes for clearer guidance on the policy outlook. The minutes, due next week, are expected to provide insight into the board’s discussions on potential future tightening and … - [US 10-Year Yield Rises as Fed Outlook Weighed](https://todaymarkets.ae/us-10-year-yield-rises-as-fed-outlook-weighed/): The yield on the US 10-year Treasury note climbed to around 4.14% on Friday, reversing a brief dip in the previous session, as investors assessed the Federal Reserve’s policy outlook amid soft inflation and labor market signals. November’s CPI report showed headline inflation at 2.7%, the lowest since July and below forecasts of 3.1%, while … - [Japan 10-Year Yield Nears 2-Decade High](https://todaymarkets.ae/japan-10-year-yield-nears-2-decade-high/): Japan’s 10-year government bond yield climbed to around 2% on Friday, approaching levels not seen in nearly two decades after the Bank of Japan raised its benchmark rate to the highest level since 1995. The central bank hikes rates by 25 basis points to 0.75% as it gradually moves away from ultra-loose monetary policy, while … - [Indian Stocks Gain, but Poised for 2nd Weekly Decline](https://todaymarkets.ae/indian-stocks-gain-but-poised-for-2nd-weekly-decline/): The BSE Sensex rose 469 points, or 0.6%, to 84,950 in Friday morning trade, snapping a four-session losing streak and tracking gains in Asian peers, following an upbeat session on Wall Street overnight as softer inflation raised hopes of further interest rate cuts by the Fed next year. Almost all sectors traded in the green, … - [New Zealand Stocks Rebound](https://todaymarkets.ae/new-zealand-stocks-rebound-3/): The S&P/NZX 50 index rose 0.6% to close at 13,333 on Friday, snapping a two-day losing streak, supported by upbeat domestic data, with Wall Street’s rise adding further support. Consumer confidence in New Zealand climbed to its highest level in over four years in December, while business sentiment surged to a 30-year high. The country … - [Offshore Yuan Weakens, Still Set for 4th Weekly Gain](https://todaymarkets.ae/offshore-yuan-weakens-still-set-for-4th-weekly-gain/): The offshore yuan weakened to around 7.03 per dollar, retreating from an over one-year high hit in the previous session, dragged down by a weaker-than-expected daily fixing. The People’s Bank of China set the midpoint rate at 7.0550 per dollar, 172 pips weaker than Reuters’ estimate. These soft fixings have persisted since late November, highlighting … - [Palm Oil Snaps Two-Session Gains, Faces Second Weekly Decline](https://todaymarkets.ae/palm-oil-snaps-two-session-gains-faces-second-weekly-decline/): Malaysian palm oil futures slid about 1% to below MYR 3,950 per tonne on Friday, halting two sessions of rises as a firmer ringgit and weaker rival edible oils on the Dalian and Chicago exchanges weighed on sentiment. Prices fell to their lowest level since early June and were on track for a second consecutive … - [Australia Commodity Prices Drop Faster in November](https://todaymarkets.ae/australia-commodity-prices-drop-faster-in-november/): The Reserve Bank of Australia’s Index of Commodity Prices dropped 3.8% year-on-year in December 2025, slipping further from an upwardly revised 1.8% fall in the previous month. This marked the third consecutive month of annual price decreases and the sharpest in the sequence, as lower costs for thermal coal, alumina, and liquified natural gas prices … - [China’s 10-Year Yield Rebounds](https://todaymarkets.ae/chinas-10-year-yield-rebounds/): China’s 10-year government bond yield jumped to around 1.83%, rebounding from a more than one-month low in the previous session, as increased issuance of longer-maturity bonds put pressure on the country’s debt markets. Chinese bonds maturing in over 10 years now account for roughly 31% of central and local government debt, the highest in a … - [Nat-Gas Prices Drop on a Smaller-Than-Forecast Draw in Weekly Storage](https://todaymarkets.ae/nat-gas-prices-drop-on-a-smaller-than-forecast-draw-in-weekly-storage/): January Nymex natural gas (NGF26) on Thursday closed down by -0.116 (-2.88%). Jan nat-gas prices gave up an early advance on Thursday and fell sharply after the weekly EIA nat-gas storage report showed a draw of less than expected.  The EIA reported that nat-gas inventories fell -167 bcf for the week ended December 12, a … - [Crude Oil Prices Supported by Geopolitical Tensions](https://todaymarkets.ae/crude-oil-prices-supported-by-geopolitical-tensions/): January WTI crude oil (CLF26) on Thursday closed up +0.21 (+0.38%), and January RBOB gasoline (RBF26) closed up +0.0070 (+0.41%). Crude oil and gasoline prices settled higher on Thursday amid heightened geopolitical risks in Venezuela and Russia.  Also, Thursday’s sharp rally in stocks boosted optimism about the economic outlook, which is supportive of energy demand. … - [Cattle Fall Back Ahead of Friday’s USDA Report](https://todaymarkets.ae/cattle-fall-back-ahead-of-fridays-usda-report/): Live cattle futures were down 97 cents to $1.90 on Thursday. There were 20 deliveries retendered at 1 cent on Thursday. Cash trade got kicked off on Thursday, with a few early sales at $228 across the country and dressed sales have been $356-358. The Thursday Fed Cattle Exchange online auction showed no sales on the … - [Soybeans Extend Losses](https://todaymarkets.ae/soybeans-extend-losses/): Soybeans rounded out the Thursday session with losses of 6 to 7 cents as weakness continues. The cmdtyView national average Cash Bean price was 5 3/4 cents lower at $9.81 1/4. Soymeal futures were 20 cent so $1.00 higher, with Soy Oil futures down 41 to 47 points. USDA reported a private export sale of 114,000 MT of soybeans to unknown … - [Corn Rallies Higher ](https://todaymarkets.ae/corn-rallies-higher/): Corn futures closed the Thursday session with contracts up 4 to 4 ½ cents across the front months. Bulls were battling back after spillover pressure from the other grains earlier this week. The CmdtyView national average Cash Corn price was up 4 cents to $4.00 3/4.  Export Sales data was updated for the week of 11/27 this … - [Wheat Sees Buying as Hard Red Contracts Lead the Way](https://todaymarkets.ae/wheat-sees-buying-as-hard-red-contracts-lead-the-way/): The wheat complex was in rally mode on Thursday with the hard red contracts, both spring and winter, pushing higher. Chicago SRW futures were 1 to 2 cents in the green. KC HRW futures were 9 to 10 cents higher at the close. MPLS spring wheat was up 10 to 11 cents on Thursday. Export … - [Coffee Prices Retreat on Positive Coffee Crop Development](https://todaymarkets.ae/coffee-prices-retreat-on-positive-coffee-crop-development/): March arabica coffee (KCH26) on Thursday closed down -2.30 (-0.66%), and January ICE robusta coffee (RMF26) closed down -25 (-0.66%). Coffee prices have sold off sharply over the past two weeks, dropping to 4-month lows on Thursday. Ample rains in Brazil have eased concerns over coffee crop development and are bearish for prices.  Climatempo said … - [Cocoa Prices Settle Lower on Expectations of Adequate Supplies](https://todaymarkets.ae/cocoa-prices-settle-lower-on-expectations-of-adequate-supplies/): March ICE NY cocoa (CCH26) on Thursday closed down -44 (-0.74%), and March ICE London cocoa #7 (CAH26) closed down -24 (-0.55%). Cocoa prices settled lower on Thursday, with NY cocoa falling to a 1-week low.   Favorable weather in West Africa is expected to boost yields and supply, which is bearish for prices.  Cocoa … - [Sugar Prices Fall Sharply as India May Boost Sugar Exports](https://todaymarkets.ae/sugar-prices-fall-sharply-as-india-may-boost-sugar-exports/): March NY world sugar #11 (SBH26) on Thursday closed down -0.28 (-1.90%), and March London ICE white sugar #5 (SWH26) closed down -6.40 (-1.52%). Sugar prices fell sharply on Thursday to 1-week lows today amid prospects of higher sugar exports from India, after India’s food secretary said the government may permit additional sugar exports to … - [Cotton Posts Slight Gains](https://todaymarkets.ae/cotton-posts-slight-gains/): Cotton futures saw Thursday gains of 8 points across the front months at the close. Crude oil futures were 8 cents per barrel higher at $56.02. The US dollar index was $0.093 higher to $98.095.  Export Sales data showed 135,886 RB of cotton sold during the week of 11/27, a 4-week low. Shipments were a … - [The Global Chip Cold War - China Changing The Rules of Technology](https://todaymarkets.ae/the-global-chip-cold-war-china-changing-the-rules-of-technology/): Events with the potential to reshape the long-term fundamentals of the technology sector rarely occur on the global stage. China’s progress in developing its own EUV lithography technology belongs to this category. Although the project is still in the testing and prototype phase, its significance extends far beyond current market cycles and short-term corporate earnings. EUV … - [BOE Cuts Interest Rates](https://todaymarkets.ae/boe-cuts-interest-rates/): The Bank of England delivered a slightly “hawkish” rate cut today, lowering Bank Rate by 25 basis points to 3.75% in a finely balanced 5–4 vote. The move marks the lowest level of rates since early 2023. The Bank returned to the cuts after 3 meeting where the rate was kept at 4%.  The headlines … - [Trade of The Day - OIL.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti-6/): Facts: Recommendation: Long position at market price Opinion: WTI crude dropped at the beginning of the week to the lowest levels since 2021, and the magnitude of the decline — more than 22% YTD and roughly 30% below this year’s highs — points to a deeply oversold market. Current price levels coincide with a major technical support area at 55–56 … - [Norges Bank Keeps Rates Unchanged](https://todaymarkets.ae/13693-2/): As expected, Norges Bank has kept interest rates unchanged. The main rate is currently 4.0%. Norges Bank has slightly adjusted its economic forecasts, although they do not significantly alter the overall picture: Norges Bank has clearly lowered its economic forecasts and indicates that if the data aligns with the forecasts, it anticipates 1 or 2 … - [Chart of The Day - NZD/USD](https://todaymarkets.ae/chart-of-the-day-nzd-usd-2/): New Zealand’s economy recorded a stronger-than-expected rebound in Q3, with production-based GDP rising 1.1% q/q and expenditure-based GDP increasing 1.3% q/q — both beating forecasts. Growth was broad-based across 14 of 16 sectors, driven by manufacturing, business services, and construction. Only telecommunications and education contracted. Exports also strengthened, supported by dairy and meat products, although … - [GBP weak ahead of BoE meeting on weaker CPI – MUFG](https://todaymarkets.ae/gbp-weak-ahead-of-boe-meeting-on-weaker-cpi-mufg/): The Pound Sterling (GBP) has continued to trade at weaker levels ahead of today’s Bank of England (BoE) policy meeting following the release yesterday of the much weaker than expected UK CPI report for November, MUFG’s FX analyst Lee Hardman reports. BoE guidance key for future rate path in 2026 “The report has reinforced expectations that the BoE will vote … - [DXY holds above 98.00 amid quiet US data – ING](https://todaymarkets.ae/dxy-holds-above-98-00-amid-quiet-us-data-ing/): The Dollar Index (DXY) remains supported above 98.00 as recent US data and Fed commentary have had little impact, with attention shifting to today’s ECB meetings for potential near-term direction, ING’s FX analyst Chris Turner notes. Fed’s Waller signals caution, US Dollar mixed “The DXY dollar index remains supported above 98.00. Events this week have so far … - [GBP retreats after surprise drop in UK inflation – Commerzbank](https://todaymarkets.ae/gbp-retreats-after-surprise-drop-in-uk-inflation-commerzbank/): The Pound Sterling (GBP) reversed its gains after UK inflation came in below expectations, leaving the market focused on the Bank of England’s (BoE) rate cut today and the potential for further easing in upcoming meetings, Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen notes. BoE rate cut already priced in, market eyes … - [EUR/USD tests key multi-month resistance – Société Générale](https://todaymarkets.ae/eur-usd-tests-key-multi-month-resistance-societe-generale/): EUR/USD has extended its rebound after breaking a short-term downtrend, but is now stalling near major resistance around 1.18, where near-term consolidation may decide whether a larger bullish trend unfolds, Société Générale’s FX analysts note. Breakout extends, but pullback emerging “EUR/USD broke out from a short-term descending channel earlier this month resulting in extension of bounce. … - [Change in Fund Portfolios: Buffett Invests in Alphabet, is The AI Hype Fading](https://todaymarkets.ae/change-in-fund-portfolios-buffett-invests-in-alphabet-is-the-ai-hype-fading/): The third quarter of 2025 brought spectacular changes in hedge fund capital allocations, reversing the euphoria surrounding the “Magnificent Seven” stocks. Warren Buffett made an extraordinary move, increasing his position in Alphabet by 17.9 million shares (£4.9 billion), while reducing his stake in Apple by 15% and selling 37.2 million shares in Bank of America. … - [Quantum Computing QUBT.US After Earnings - Quantum Breakthrough?](https://todaymarkets.ae/quantum-computing-qubt-us-after-earnings-quantum-breakthrough/): Quantum Computing, as one might easily guess, is one of the companies involved in quantum technology, particularly quantum computers. In recent weeks, quantum companies, after a long and impressive growth on unstable foundations, have been victims of significant price declines. The adjustment of investor expectations and pressure from companies like Google have devalued the industry … - [Trade of The Day - OIL.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti-4/): Facts: Trade: LONG position on OIL.WTI at market price. OIL.WTI (D1) Source: xStation5 OPINION: The oil price chart shows three unsuccessful attempts to overcome the 55-56 dollar level. The market clearly does not accept a lower price, and buyers are defending the resistance, waiting for conditions more favorable for growth. This creates a triple bottom … - [Swiss Industrial Output Rebounds in Q3](https://todaymarkets.ae/swiss-industrial-output-rebounds-in-q3/): Industrial production in Switzerland grew by 2.4% year-on-year in the third quarter of 2025, rebounding from an upwardly revised 2.1% gain in the previous three-month period. Output increased much more rapidly in the mining and quarrying (14.3% vs 8.6% in Q2) sector, weighed by increases in the manufacture of pharmaceutical products (10.2% vs 3.9%) and … - [Italy October Inflation Confirmed at 1.2%](https://todaymarkets.ae/italy-october-inflation-confirmed-at-1-2/): Italy’s annual inflation slowed to 1.2% in October 2025 from 1.6% in September, confirming preliminary estimates and marking the lowest in a year. The deceleration was driven by a sharp drop in regulated energy prices (-0.5% vs 13.9% in September), alongside softer increases in unprocessed food (1.9% vs 4.8%), transport services (2.0% vs 2.4%), and … - [European Stocks Lack Direction](https://todaymarkets.ae/european-stocks-lack-direction/): Both the STOXX 50 and the STOXX 600 hovered around the flatline on Monday, following two consecutive sessions of losses, as traders awaited fresh market catalysts. Nvidia is set to report quarterly results this week, while in the US, a series of economic data releases begins today after the end of the government shutdown. Siemens … - [Palm Oil Starts Week Notably Higher](https://todaymarkets.ae/palm-oil-starts-week-notably-higher/): Malaysian palm oil futures hovered above MYR 4,150 per tonne on Monday, picking up from two subdued sessions. A weaker ringgit and firmer Dalian’s most-active soyoil and palm oil contracts supported sentiment, helping prices recover from a four-month low. However, lingering uncertainties around land-seizure policies in top producer Indonesia and its biodiesel plan added caution, … - [Iron Ore Gains on China Stimulus Hopes, Tighter Supply](https://todaymarkets.ae/iron-ore-gains-on-china-stimulus-hopes-tighter-supply/): Iron ore futures in China rose above CNY 780 per ton, reaching a two week high amid optimism that top consumer China may roll out new stimulus measures, while port inventories continued to tighten. Over the weekend, Finance Minister Lan Foan said fiscal policy will be strengthened over the next five years, noting that China … - [Platinum Falls on Hawkish Fed View](https://todaymarkets.ae/platinum-falls-on-hawkish-fed-view/): Platinum fell to around $1,550 per ounce, hitting a one-week low as traders dialed back expectations for US Federal Reserve interest rate cuts, triggering a pullback in precious metals. Markets are currently pricing in around a 46% chance the Fed will lower rates by 25 bps in December, down sharply from roughly 88% a month … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-4/): Japan’s economy contracted in Q3 for the first time in six quarters, falling 0.4% q/q (−1.8% annualized). The decline is a result of U.S. tariffs, which hit exports, while new housing regulations weakened demand for homes. Although the slowdown was milder than expected, it increased pressure on policymakers to implement a new fiscal package — … - [Crypto News - Bitcoin Tries to Stop The Sell-Off](https://todaymarkets.ae/crypto-news-bitcoin-tries-to-stop-the-sell-off/): Cryptocurrencies started Monday’s session with declines, and during the night Bitcoin briefly fell toward $92,500, erasing its year-to-date gains; Ethereum dropped back below $3,000. The sell-off was partially reversed as sentiment improved in U.S. futures trading, and the Asian session did not bring further heavy selling. According to CoinGlass, over the past 24 hours the crypto market … - [The Week Ahead: US data and Nvidia results in focus](https://todaymarkets.ae/the-week-ahead-us-data-and-nvidia-results-in-focus/): At the start of a new week, the market mood has calmed. US stock futures are pointing to small gains later on Monday, after a sharp sell off on Friday, European stock index futures are mostly flat at the start of the week. The next few days could be key for long term direction  of … - [Hang Seng Finishes 0.7% Lower](https://todaymarkets.ae/hang-seng-finishes-0-7-lower/): The Hang Seng dropped 188 points, or 0.7%, to 26,384 on Monday, extending losses from the prior session amid broad falls across sectors. Traders shunned riskier assets after Chinese stocks retreated further amid heightened Beijing-Tokyo tensions, with China warning citizens against traveling to Japan. Sentiment was also pressured by lower bets for a U.S. interest … - [AUD/JPY Bullish momentum holds above EMA near 100.50](https://todaymarkets.ae/aud-jpy-bullish-momentum-holds-above-ema-near-100-50/): The AUD/JPY cross loses ground near 100.85 during the early European session on Monday. The potential downside for the cross might be limited as the stronger-than-expected Australian employment data reinforced expectations for a cautious stance from the Reserve Bank of Australia (RBA).  Additionally, Japan’s Cabinet Office showed on Monday that the Japanese economy contracted by an annualized … - [USD/INR consolidates below 89.00 as Indian economic outlook offsets USD strength](https://todaymarkets.ae/usd-inr-consolidates-below-89-00-as-indian-economic-outlook-offsets-usd-strength/): The USD/INR pair extends its sideways consolidative price move through the Asian session on Monday and remains confined in a familiar range held over the past two weeks or so. Spot prices currently trade around the 88.75 region, down less than 0.10% for the day and well within striking distance of the all-time high, touched … - [USD/CHF holds gains near 0.7950 as expectations for a December Fed rate cut fade](https://todaymarkets.ae/usd-chf-holds-gains-near-0-7950-as-expectations-for-a-december-fed-rate-cut-fade/): USD/CHF continues to gain ground for the second successive session, trading around 0.7950 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) gains amid diminishing likelihood of a Federal Reserve (Fed) interest rate cut in December. Traders are preparing for a wave of delayed United States (US) economic data after the government’s … - [EUR/JPY slips near 179.50 after less disappointing Japan’s preliminary Q3 GDP data](https://todaymarkets.ae/eur-jpy-slips-near-179-50-after-less-disappointing-japans-preliminary-q3-gdp-data/): EUR/JPY extends its losses for the second consecutive day after pulling back from a record high of 179.97 reached in the previous session, trading around 179.40 during the Asian hours on Monday. The currency cross remains subdued as the Japanese Yen (JPY) holds ground after the release of better-than-expected Japan’s Gross Domestic Product (GDP) data … - [EUR/USD falls to near 1.1600 due to fading Fed rate cut bets](https://todaymarkets.ae/eur-usd-falls-to-near-1-1600-due-to-fading-fed-rate-cut-bets/): EUR/USD extends its losses for the second successive session, trading around 1.1610 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) receives support from cautious remarks given by US Federal Reserve (Fed) officials, diminishing the likelihood of an interest rate cut in December. Kansas City Fed President Jeffery Schmid said on Friday that … - [GBP/USD weakens to near 1.3150 as BoE rate cut expectations grow on weak UK data](https://todaymarkets.ae/gbp-usd-weakens-to-near-1-3150-as-boe-rate-cut-expectations-grow-on-weak-uk-data/): The GBP/USD pair declines to near 1.3155 during the early Asian session on Monday. The Pound Sterling (GBP) softens against the US Dollar (USD) amid concerns about the UK’s fiscal debt and weak economic data from the UK. Bank of England (BoE) External Member Catherine Mann is set to speak later on Monday.  The pound loses … - [USD/CAD holds gains near 1.4050 due to declining Oil prices](https://todaymarkets.ae/usd-cad-holds-gains-near-1-4050-due-to-declining-oil-prices/): USD/CAD edges higher after registering modest losses in the previous session, trading around 1.4030 during the Asian hours on Monday. The pair advances as the commodity-linked Canadian Dollar (CAD) struggles amid lower crude Oil prices. West Texas Intermediate (WTI) Oil price retreats after posting more than 2% gains in the previous session, trading around $59.30 … - [Bitcoin Holds Near Six-Month Low](https://todaymarkets.ae/bitcoin-holds-near-six-month-low/): Bitcoin hovered around $95K, holding most of last week’s losses to remain near its lowest level since early May as broad risk-off sentiment weighed on global markets. The cryptocurrency has wiped out more than 30% of the gains it posted earlier this year, as the early-year optimism driven by the Trump administration’s pro-crypto stance fades. … - [Silver Stabilizes After Two-Day Drop](https://todaymarkets.ae/silver-stabilizes-after-two-day-drop/): Silver held near $51 per ounce on Monday after a sharp two-day decline, as investors prepared for a wave of US economic data following the government reopening that could clarify the Federal Reserve’s policy outlook. Precious metals faced heavy selling late last week as traders scaled back expectations for US rate cuts, with markets now … - [Australian Shares Hits 4-Month Low](https://todaymarkets.ae/australian-shares-hits-4-month-low/): The S&P/ASX 200 fell 0.2% to 8,615 on Monday, hitting its lowest level in four months as weakness across heavyweight mining stocks dragged the broader market lower. The mining sector fell 1.2% and is poised for its weakest level in nearly two weeks, pressured by lower commodity prices amid hawkish remarks on US rate-cut prospects … - [Oil Drops as Russian Port Resumes Exports](https://todaymarkets.ae/oil-drops-as-russian-port-resumes-exports/): WTI crude oil futures fell to $59.5 per barrel on Monday, paring gains from the previous session after Russia’s Novorossiysk port resumed operations following a two-day shutdown caused by a Ukrainian drone strike. Reports indicated that two crude tankers were moored at the port on Sunday, signaling ongoing activity at the terminals. The disruption at … - [China to Strengthen Fiscal Policy](https://todaymarkets.ae/china-to-strengthen-fiscal-policy/): China will strengthen its fiscal policy over the next five years, the country’s finance minister said on Saturday in an interview with Xinhua News Agency, according to Reuters. Finance Minister Lan Foan said China will enhance counter-cyclical and cross-cyclical regulation and set the deficit-to-GDP ratio and the scale of government borrowing to suit evolving conditions. … - [South Korean Shares Rise on Semiconductor Gains](https://todaymarkets.ae/south-korean-shares-rise-on-semiconductor-gains/): The benchmark KOSPI climbed 1.70% to around 4,079 on Monday, recovering from last week’s three-month low as semiconductor stocks rallied on bargain hunting. Notable gains in Samsung Electronics (3.24%), SK Hynix (5.89%), and Hanmi Semiconductor (5.33%) helped propel the index higher. Additionally, investor sentiment received support from recent corporate developments. On Sunday, President Lee Jae … - [Dollar Edges Higher Ahead of Data Releases](https://todaymarkets.ae/dollar-edges-higher-ahead-of-data-releases/): The dollar index inched above 99.3 on Monday, recovering part of last weeks losses as investors prepared for a wave of US economic data releases delayed by the government shutdown to better guide expectations for Federal Reserve policy. The closely watched September jobs report is due Thursday while markets await an updated timetable for other … - [Gold Steady as Investors Await Delayed US Data](https://todaymarkets.ae/gold-steady-as-investors-await-delayed-us-data/): Gold prices held steady at $4,080 per ounce on Monday, after a two-day decline, as investors braced for a flood of delayed US economic data set to be released this week. September’s non-farm payrolls report on Thursday, will be closely watched for insights into the health of the American economy and the likely path of … - [Aussie Dollar Weakens on Stronger Greenback](https://todaymarkets.ae/aussie-dollar-weakens-on-stronger-greenback/): The Australian dollar weakened to around $0.652 on Monday, reversing gains from the previous week as a stronger greenback weighed on the currency. The US dollar appreciated after Fed officials expressed doubts about the need for a December rate cut, with some dismissing the possibility outright. Markets now assign roughly a 46% chance of a … - [Yen Hovers Near 9-Month Low](https://todaymarkets.ae/yen-hovers-near-9-month-low/): The Japanese yen slipped to around 154.6 per dollar on Monday, staying close to its lowest level since February despite stronger-than-expected growth data. Japan’s economy contracted 0.4% quarter on quarter in the three months to September, reversing a 0.6% expansion in Q2 but beating market forecasts for a 0.6% decline. The currency remains under pressure … - [China Stocks Fall for Second Session](https://todaymarkets.ae/china-stocks-fall-for-second-session-2/): The Shanghai Composite dropped 0.5% to around 3,970 while the Shenzhen Component fell 0.1% to 13,200 on Monday, extending losses from the prior session as slowing economic activity and ongoing property sector challenges weighed on investor sentiment. Recent economic reports, including fixed asset investment, industrial production, and retail sales, all disappointed. Rising tensions between China … - [New Zealand Dollar Weakens](https://todaymarkets.ae/new-zealand-dollar-weakens/): The New Zealand dollar fell to around $0.565, giving back some of last week’s gains, as expectations of an imminent rate cut from the Reserve Bank overshadowed the US decision to roll back tariffs on Kiwi exports. Food prices declined for the second straight month, while the services sector remained in contraction, reinforcing expectations for … - [US 10-Year Yield Holds Advance](https://todaymarkets.ae/us-10-year-yield-holds-advance-2/): The yield on the US 10-year Treasury note held around 4.15% on Monday after rising for two straight sessions, as investors scaled back expectations for a near-term Federal Reserve interest rate cut. Several Fed officials have voiced skepticism over the need for a December cut, with some opposing it entirely. Markets are currently pricing in … - [Japan 10-Year Yield Hits Fresh 17-Year High](https://todaymarkets.ae/japan-10-year-yield-hits-fresh-17-year-high/): Japan’s 10-year government bond yield climbed above 1.71% on Monday, reaching its highest level since 2008 amid stronger-than-expected growth data. Japans economy contracted 0.4% quarter on quarter in the three months to September, reversing a 0.6% expansion in Q2 but beating market forecasts for a 0.6% decline. The rise came despite Prime Minister Sanae Takaichi … - [Octalas Group Launch Currency Hedger ](https://todaymarkets.ae/octalas-group-launch-currency-hedger/): In an increasingly volatile global market, businesses and investors face significant challenges in managing currency risk. To address this need, Octalas Group has launched Currency Hedger, a cutting-edge platform designed to help users effectively manage their foreign exchange exposure. With a focus on simplicity, efficiency, and user-centric features, Currency Hedger empowers companies to safeguard their … - [EUR/USD drifts away from highs despite positive Eurozone data](https://todaymarkets.ae/eur-usd-drifts-away-from-highs-despite-positive-eurozone-data/): EUR/USD is trimming gains on Friday, following a seven-day rally and trades at 1.1615 at the time of writing, still on track for a 0.45% weekly appreciation. The fairly positive Eurozone Gross Domestic Product and the upbeat Trade Balance reports have failed to support the Euro, which has lost steam, weighed down by a negative market sentiment. Eurozone GDP has … - [Sensex Ends Marginally Higher](https://todaymarkets.ae/sensex-ends-marginally-higher/): India’s BSE Sensex recovered from early losses to close marginally up at 84,563 on Friday, after a highly volatile session, on better-than-expected election results. Early results showed Prime Minister Modi’s National Democratic Alliance (NDA) leading in the crucial Bihar assembly elections, reinforcing expectations of policy continuity and political stability. At the same time, optimism about … - [Jewellery Segment Boosts Richemont's Earnings](https://todaymarkets.ae/jewellery-segment-boosts-richemonts-earnings/): Richemont (CFR.CH) posted solid results for the first half of the 2025/26 financial year (six months to 30 September 2025), demonstrating the resilience of its luxury brand portfolio despite macroeconomic challenges. Sales rose 10% at constant exchange rates (5% on a nominal basis) to €10.6 billion, significantly exceeding analysts’ expectations (consensus: +6.94%). The most spectacular growth … - [Gold Cuts Gains as Data Delays Cloud Fed Outlook](https://todaymarkets.ae/gold-cuts-gains-as-data-delays-cloud-fed-outlook/): Gold prices pared earlier gains to hover around $4,165 per ounce on Friday, though the metal remained on track for a weekly advance of roughly 4%. The market continued to grapple with uncertainty stemming from a significant backlog of US economic data following the end of the longest government shutdown in the country’s history. Concerns … - [European Markets Extend Declines](https://todaymarkets.ae/11913-2/): The last session of the week brings a deepening of declines on the European market. Recent comments from the FOMC in the USA have dashed market hopes for rate cuts in December, which is reverberating across global markets. The leaders of declines in Europe are Poland and Germany. DAX40 contracts are losing over 1%. Slightly … - [Steel Rebounds to Highest in November](https://todaymarkets.ae/steel-rebounds-to-highest-in-november/): Steel rebar futures in China inched higher to CNY 3,050 per tonne, the highest since the beginning of November amid evidence that the anti-involution policy pressed by Beijing is translating to lower supply. Crude steel output in China fell 12% annually in October, translating to a 4% drop year-to-date, to mark the lowest output for … - [Euro Area GDP Annual Growth Rate Revised Up](https://todaymarkets.ae/euro-area-gdp-annual-growth-rate-revised-up/): The Eurozone economy grew 1.4% year-on-year in the third quarter of 2025, slightly higher than 1.3% in the first estimate and compared to 1.5% in the second quarter. Spain led the major economies, expanding 2.8% (vs 3.1% in Q2), followed by the Netherlands at 1.6% (vs 1.7%) and France at 0.9% (up from 0.7%). Italy … - [Euro Area Trade Surplus Widens in September](https://todaymarkets.ae/euro-area-trade-surplus-widens-in-september/): The Eurozone’s trade surplus widened to €19.4 billion in September 2025 from €12.9 billion a year earlier, as exports rose 7.7% while imports increased 5.3%. In the broader EU, the trade surplus also rose to €16.3 billion from €9.5 billion. EU exports climbed 6.9% to €228.2 billion, due to higher sales of machinery & vehicles … - [](https://todaymarkets.ae/11905-2/): Oil prices are rising today after a Ukrainian drone struck the key Russian export port on the Black Sea — Novorossiysk — damaging a docked vessel and causing fires at the Sheskharis oil terminal. This is one of the most important export points for Russian crude and refined products, handling around 760,000 barrels per day. … - [UK tax U-turn triggers bond market turmoil](https://todaymarkets.ae/uk-tax-u-turn-triggers-bond-market-turmoil/): The UK Gilt market is under pressure this morning, and yields have surged at the open, after reports suggest that Rachel Reeves will scrap plans to raise income tax. We do not know if this will mean all bands of income tax will be left unchanged, or if it will only mean the basic rate … - [Bitcoin Hits 6-Month Low](https://todaymarkets.ae/bitcoin-hits-6-month-low/): Bitcoin fell toward $96,000 on Friday, marking a six month low amid a broad selloff in risk assets and reduced expectations for a US Federal Reserve rate cut in December. Tech stocks led a global market retreat as worries over stretched AI valuation persisted, with the reopening of the US government failing to lift sentiment. … - [XAG/USD gains above 52.50 due to rising US data uncertainty](https://todaymarkets.ae/xag-usd-gains-above-52-50-due-to-rising-us-data-uncertainty/): Silver price (XAG/USD) retraces its recent losses from the previous session, trading around $52.70 per troy ounce during the Asian hours on Friday. The attracts buyers Safe-haven demand for precious metals, including Silver, is rising amid uncertainty over the US economic outlook, fueled by a backlog of official data after the government’s reopening. Early private-sector readings for … - [Gold retakes $4,200 as USD weakens on economic concerns, risk-off mood boost demand](https://todaymarkets.ae/gold-retakes-4200-as-usd-weakens-on-economic-concerns-risk-off-mood-boost-demand/): Gold (XAU/USD) attracts some dip-buyers during the Asian session on Friday and climbs back above the $4,200 mark, closer to an over three-week high that was touched the previous day. Investors seem concerned about weakening economic momentum on the back of a prolonged US government shutdown, which could allow the US Federal Reserve (Fed) to cut interest rates further. … - [USD/CHF struggles near 0.7920 even as traders trim dovish Fed bets](https://todaymarkets.ae/usd-chf-struggles-near-0-7920-even-as-traders-trim-dovish-fed-bets/): The USD/CHF pair ticks down to near 0.7920 during the late Asian trading session on Friday. The Swiss Franc pair struggles to gain ground after revisiting an over three-week low of 0.7910 posted on Thursday. The pair is under pressure as the US Dollar (USD) underperforms even as traders have trimmed bets supporting an interest rate … - [Palm Oil Set for Fifth Weekly Slide](https://todaymarkets.ae/palm-oil-set-for-fifth-weekly-slide/): Malaysian palm oil futures fell below MYR 4,120 per tonne, extending weakness from the prior session. Weaker Dalian palm olein and subdued demand from key consumers such as India and China weighed on prices. Markets lingered at a four-month low, heading for a fifth straight weekly fall amid expectations of higher output. The Malaysian Palm … - [SK Won Recovers Amid Market Stabilization Efforts](https://todaymarkets.ae/sk-won-recovers-amid-market-stabilization-efforts/): The South Korean won appreciated past 1,460 per dollar on Friday, rebounding from multi-month lows as policymakers moved to reassure markets and address volatility in the foreign exchange market. Investor sentiment was lifted after senior economic officials convened an emergency policy meeting, signaling a readiness to deploy a wide range of tools and to work … - [Offshore Yuan Weakens on Disappointing Data](https://todaymarkets.ae/offshore-yuan-weakens-on-disappointing-data/): The offshore yuan weakened to around 7.09 per dollar on Friday, retreating from a two-week high reached in the previous session as disappointing economic data weighed on market sentiment. Fixed-asset investment fell 1.7% year-on-year in January–October 2025, a sharper decline than both market expectations and the previous month’s reading. In addition, industrial output eased to … - [IMF Forecasts Thailand’s 2026 GDP Growth at 1.6%](https://todaymarkets.ae/imf-forecasts-thailands-2026-gdp-growth-at-1-6/): Thailand’s economic growth is expected to reach 2.1% this year before slowing to 1.6% in 2026, amid increasing economic headwinds, the International Monetary Fund (IMF) said. Economic conditions suggest there is room for further monetary easing, the IMF said in a statement dated November 13, following a staff visit to Southeast Asia’s second-largest economy, as … - [Hong Kong Stocks Under Pressure After Soft China Data](https://todaymarkets.ae/hong-kong-stocks-under-pressure-after-soft-china-data/): Hong Kong shares dipped 303 points or 1.1% to 26,769 in early Friday trade, snapping a five-session advance and pulling back from an over one-month high. Sentiment weakened after a sell-off on Wall Street overnight, as Fed officials signaled caution over future rate cuts. Meantime, fresh data releases from China added pressure to sentiment, with … - [China 10Y Yield Falls on Weak Data](https://todaymarkets.ae/china-10y-yield-falls-on-weak-data/): China’s 10-year government bond yield fell to around 1.80% on Friday, marking its third consecutive session of decline as investors sought safety in response to weak economic data. Fixed-asset investment contracted 1.7% year-on-year in January–October 2025, a notable deterioration compared with market forecasts and the previous month’s reading. In addition, industrial output eased to a … - [New Zealand Dollar Set for Weekly Gain](https://todaymarkets.ae/new-zealand-dollar-set-for-weekly-gain/): The New Zealand dollar rose to $0.569 on Friday, heading for a weekly advance, supported by encouraging manufacturing data. The country’s manufacturing sector expanded for a fourth straight month in October, driven by rising new orders and improved demand. The kiwi also benefited from a weaker US dollar as investors worry that the upcoming release … - [US to Remove Tariffs on Some Products from Four Latin American Countries](https://todaymarkets.ae/us-to-remove-tariffs-on-some-products-from-four-latin-american-countries/): The United States said on Thursday it will remove tariffs on some foods and other imports from Argentina, Ecuador, Guatemala, and El Salvador under framework agreements designed to give US firms greater access to those markets, Reuters reported. The agreements are expected to help lower prices for coffee, bananas, and other foodstuffs, a senior Trump … - [US 10-Year Yield Holds Advance](https://todaymarkets.ae/us-10-year-yield-holds-advance/): The yield on the US 10-year Treasury note remained above 4.1% on Friday after a sharp rise in the prior session, as investors scaled back expectations for a Federal Reserve rate cut in December. Markets now assign about a 50% chance of a 25 bps cut next month, down sharply from over 95% a month … - [China Economy Softens Amid Pre-Truce Trade Uncertainty](https://todaymarkets.ae/china-economy-softens-amid-pre-truce-trade-uncertainty/): China’s statistics agency acknowledged ongoing external uncertainties and rising domestic structural pressures, but stressed that overall activity in October remained stable. The comments followed fresh data showing industrial output growth easing to a 14-month low, reflecting holiday-related disruptions and headwinds from U.S. trade tensions before the extension of the trade truce. Retail turnover rose 2.9% … - [Sensex Declines but Heads for Weekly Gain](https://todaymarkets.ae/sensex-declines-but-heads-for-weekly-gain/): The BSE Sensex fell 298 points, or 0.4%, to 84,181 in early trade on Friday, after ending nearly flat in the previous session and pulling back from a two-week high. The decline tracked a fall on Wall Street overnight amid a sell-off in IT stocks and fading hopes of Fed monetary policy easing at the … - [New Zealand Stocks Slide to 2-Week Low](https://todaymarkets.ae/new-zealand-stocks-slide-to-2-week-low/): New Zealand’s benchmark S&P/NZX 50 index fell 1% to close at 13,464 on Friday, extending losses from the previous session to hit a two-week low. The local market followed Wall Street’s sharp decline overnight, led by a broad tech sell-off, while comments from US Federal Reserve officials dampened hopes of a December rate cut Investors … - [The DAX Loses Ground But Maintains 50-Day EMA](https://todaymarkets.ae/the-dax-loses-ground-but-maintains-50-day-ema/): European indices are posting mixed results during the first phase of Thursday’s session – the STOXX 600 is up just 0.06%, the DAX is down 0.43% and the FTSE 100 is down 0.42%, suggesting caution among investors amid macroeconomic uncertainty. At the same time, the Polish stock market (WIG20 +0.69%) is rising amid European weakness. … - [Sterling Under Pressure Amid Disappointing UK Data](https://todaymarkets.ae/sterling-under-pressure-amid-disappointing-uk-data/): The British pound hovered around $1.31, near its seven-month low, and touched a two-and-a-half-year low against the euro, after weaker-than-expected economic data raised expectations of a Bank of England rate cut next month and intensified pressure on Treasury chief Rachel Reeves ahead of the November 26 budget. The UK economy grew just 0.1% quarter-on-quarter in … - [Hang Seng Rebounds to Over 1-Month High After Early Losses](https://todaymarkets.ae/hang-seng-rebounds-to-over-1-month-high-after-early-losses/): The Hang Seng rose 150 points, or 0.6%, to close at 27,073 on Thursday, reversing early weakness and extending a four-session winning streak. Markets hit their highest in over a month, amid a rise in U.S. futures after President Trump signed a bill ending the longest government shutdown in American history, resuming normal operations later … - [USD/CHF Has Little Reaction to Swiss PPI Data](https://todaymarkets.ae/usd-chf-has-little-reaction-to-swiss-ppi-data/): 07:30 AM BST, Switzerland – Inflation Data for October: Producer inflation data in Switzerland came in noticeably weaker than expected on MoM basis. Although the Swiss franc did not initially react much to the release, over the past hour there has been a significant pullback in the USDCHF pair. Source: xStation  The material on this page does not constitute … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/11858-2/): October data from the Australian labour market turned out to be much stronger than expected, with the unemployment rate falling to 4.3% against a forecast of 4.4%. Even more impressive is the increase in jobs – 42,200 new positions, twice as many as the average forecast. The Reserve Bank of Australia would like to see … - [NY Cocoa Prices Sink on Possible US Tariff Reductions](https://todaymarkets.ae/ny-cocoa-prices-sink-on-possible-us-tariff-reductions/): December ICE NY cocoa (CCZ25) on Wednesday closed down -204 (-3.50%), and December ICE London cocoa #7 (CAZ25) closed up +17 (+0.41%). Cocoa prices settled mixed on Wednesday, with NY cocoa falling sharply to a 1.75-year nearest-futures low.   Signs of possible tariff cuts weighed on cocoa prices after US Treasury Secretary Bessent said Wednesday … - [Wheat Posts Midweek Gains](https://todaymarkets.ae/wheat-posts-midweek-gains/): The wheat complex closed with Wednesday gains across most contracts in the three exchanges. CBT soft red wheat futures saw steady trade in nearby December, as other contracts were 2 to 3 cents higher. KC HRW futures were 1 to 2 ½ cents higher on Wednesday. MPLS spring wheat futures closed the session with contracts … - [Soybeans Pull Off Early Lows](https://todaymarkets.ae/soybeans-pull-off-early-lows/): Soybeans were weak early on Wednesday but shrugged off the losses to close with 6 to 7 ¼ cent front month gains. There was another 29 deliveries reported for November futures overnight, taking the total to 1,736 for the month. The cmdtyView national average Cash Bean price was 6 ¾  cents higher at $10.60. Soymeal futures were up $5.10 … - [China Stocks Rally on New Energy Boost](https://todaymarkets.ae/china-stocks-rally-on-new-energy-boost/): The Shanghai Composite jumped 0.73% to close at 4,030 while the Shenzhen Component gained 1.78% to 13,477 on Thursday, with the former hitting fresh ten-year highs amid a rally in new energy shares. Those moves came as China’s Ministry of Industry and Information Technology announced plans to unveil a comprehensive strategy to boost the new … - [Gold stands firm near three-week top, above $4,200 amid Fed rate cut bets](https://todaymarkets.ae/gold-stands-firm-near-three-week-top-above-4200-amid-fed-rate-cut-bets/): Gold (XAU/USD) advances to a fresh three-week high on Thursday and seems poised to prolong a one-week-old uptrend amid a supportive fundamental backdrop. Investors seem convinced that the delayed US macro data will show some weakness in the economy amid a prolonged US government shutdown and prompt the US Federal Reserve (Fed) to lower borrowing costs further in … - [XAG/USD remains near 54.00 due to improved market sentiment](https://todaymarkets.ae/xag-usd-remains-near-54-00-due-to-improved-market-sentiment/): Silver price (XAG/USD) continues its winning streak for the fifth successive session, nearing the all-time high of $54.86, which was recorded on October 16, and is currently trading around $54.00 per troy ounce during the early European hours on Thursday. The upside of the safe-haven Silver could be limited as market sentiment improves amid the end … - [EUR/GBP holds positive ground above 0.8800 as UK economy slows to 0.1% in Q3](https://todaymarkets.ae/eur-gbp-holds-positive-ground-above-0-8800-as-uk-economy-slows-to-0-1-in-q3/): The EUR/GBP cross gains ground to around 0.8835 during the early European session on Thursday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the release of UK Gross Domestic Product (GDP) data. The Eurozone Industrial Production report for September will be published later on Thursday.  Data released by the Office for National Statistics (ONS) on Thursday showed that the UK economy … - [UK Industrial Output Falls the Most Since 2021](https://todaymarkets.ae/uk-industrial-output-falls-the-most-since-2021/): Industrial production in the UK fell by 2% month-on-month in September 2025, reversing a downwardly revised 0.3% gain in the previous month and coming in worse than market expectations of a 0.2% drop. This marked the sharpest fall since January 2021, as manufacturing output (-1.7% vs 0.6% in August) decline, led by a notable drop … - [UK GDP Growth Disappoints in Q3](https://todaymarkets.ae/uk-gdp-growth-disappoints-in-q3/): The UK economy expanded by just 0.1% in Q3 2025, easing from 0.3% growth in Q2 and falling short of market expectations of 0.2%, according to preliminary estimates. Fixed investment rose 1.8% (vs 0.5% in Q2), supported by higher spending on ICT equipment, machinery, dwellings, and intellectual property products, even as business investment slipped 0.3%. … - [UK GDP Falls 0.1% in September](https://todaymarkets.ae/uk-gdp-falls-0-1-in-september/): The UK’s monthly real GDP fell by 0.1% in September 2025, compared with August’s and market expectations of zero growth. Production output declined by 2%, reversing a 0.3% increase in the previous month and marking the largest drop since January 2021. Output decreased across all production subsectors, namely manufacturing (-1.7%), electricity, gas, steam and air … - [Japanese Shares Gain as US Government Reopens](https://todaymarkets.ae/japanese-shares-gain-as-us-government-reopens/): The Nikkei 225 Index rose 0.43% to close at 51,282, while the broader Topix Index gained 0.67% to 3,382 on Thursday, with the latter hitting fresh record highs after President Donald Trump signed a bill ending the longest US government shutdown in history. Optimism that the Federal Reserve will cut rates further amid signs of … - [Palm Oil Steady on U.S. Shutdown End, Indonesia Biodiesel Outlook](https://todaymarkets.ae/palm-oil-steady-on-u-s-shutdown-end-indonesia-biodiesel-outlook/): Malaysian palm oil futures were little changed, holding around MYR 4,120 per tonne after modest losses in the previous session. Sentiment improved after U.S. President Donald Trump signed legislation ending the longest government shutdown in U.S. history. On the Dalian exchange, the most-active soyoil contract edged higher while palm oil futures slipped. Regarding production, analysts … - [Saudi Arabia Wholesale Inflation Hits 13-Month High](https://todaymarkets.ae/saudi-arabia-wholesale-inflation-hits-13-month-high/): The annual wholesale price inflation in Saudi Arabia accelerated to 2.9% in October 2025 from 2.1% in the previous four months, marking its highest level since September 2024. The main upward pressure came from higher inflation in other transportable goods excluding metal products, machinery, and equipment (5.4% vs. 4% in September), driven by an 8.2% … - [France Jobless Rate Highest Since 2021](https://todaymarkets.ae/france-jobless-rate-highest-since-2021/): The unemployment rate in France rose slightly to 7.7% in Q3 2025, in line with market expectations and up from 7.6% in the previous quarter. This marks the highest level since Q3 2021, as the number of unemployed increased by 44 thousand to 2.4 million, bringing the rate 0.3 points higher than a year earlier … - [Copper Climbs on Improved Risk Appetite](https://todaymarkets.ae/copper-climbs-on-improved-risk-appetite/): Copper futures rose above $5.1 per pound, reaching a two-week high as risk sentiment strengthened after President Donald Trump signed a short-term funding bill ending the longest US government shutdown in history. Hopes for additional Federal Reserve rate cuts amid signs of labor market weakness further supported risk assets. Meanwhile, the Trump administration expanded its … - [Won Slides as Investor Caution and Outflows Weigh](https://todaymarkets.ae/won-slides-as-investor-caution-and-outflows-weigh/): The South Korean won depreciated to around 1,469 per dollar, reaching a seven-month low and nearing levels not seen since March 2009. Governor Rhee Chang-yong indicated on Wednesday that policymakers stand ready to act should market volatility intensify. However, he played down recent losses, suggesting the market is overly reactive to global factors such as … - [Australia 10-Yr Yield Climbs After Upbeat Jobs Data](https://todaymarkets.ae/australia-10-yr-yield-climbs-after-upbeat-jobs-data/): Australia’s 10-year bond yield climbed to 4.45%, its highest level since May, after robust jobs data reduced expectations of any policy easing next year. Employment increased by 42,200 in October, significantly higher than forecasts of a 20,000 increase and September’s 12,700 gain, driven largely by a sharp rise in full-time positions. Unemployment rate fell to … - [Offshore Yuan Hits 2-Week High](https://todaymarkets.ae/offshore-yuan-hits-2-week-high/): The offshore yuan appreciated past 7.10 per dollar on Thursday, reaching its strongest level in two weeks as investors awaited the release of key economic indicators scheduled tomorrow. Among the forthcoming data, retail sales are expected to decelerate for the fifth consecutive month, marking the longest stretch of slowing consumption growth since the post-COVID recovery … - [US 10-Year Yield Rises as Govt Shutdown Ends](https://todaymarkets.ae/us-10-year-yield-rises-as-govt-shutdown-ends/): The yield on the US 10-Year Treasury note climbed about 3 basis points to 4.09% on Thursday after President Donald Trump signed a short-term funding bill into law, ending the longest US government shutdown in history. The House of Representatives had approved the measure earlier in the session by a 222-209 vote. The shutdown’s conclusion … - [Japan 10-Year Yield Hovers Near 17-Year High](https://todaymarkets.ae/japan-10-year-yield-hovers-near-17-year-high/): Japan’s 10-year government bond yield held around 1.7%, hovering near 17-year highs, even after Prime Minister Sanae Takaichi urged the Bank of Japan to maintain low interest rates. She also requested that BOJ Governor Kazuo Ueda provide regular updates to the government’s Council on Economic and Fiscal Policy. Markets currently price a 24% chance of … - [Indian Rupee Stuck Near Record Lows](https://todaymarkets.ae/indian-rupee-stuck-near-record-lows/): The Indian rupee hovered around 88.6 per USD, trading in a tight range near all-time lows, after subdued inflation fueled expectations of a December rate cut. India’s retail inflation slumped to 0.25% in October, the lowest on record and well below the RBI’s 2%-6% tolerance band for a second consecutive month. This gives the central … - [Silver Approaches All-Time Highs](https://todaymarkets.ae/silver-approaches-all-time-highs/): Silver climbed more than 1% to above $54 per ounce on Thursday, marching toward an all-time high reached last month and bringing this week’s gains to around 12%, as investors looked to hedge against global uncertainties with precious metals. Expectations of Federal Reserve rate cuts, following signs of a weakening US labor market, further supported … - [AUD/JPY revisits yearly high near 101.60 after upbeat Australian employment data](https://todaymarkets.ae/aud-jpy-revisits-yearly-high-near-101-60-after-upbeat-australian-employment-data/): The AUD/JPY pair revisits the yearly high around 101.60 during the late Asian trading session on Thursday. The pair strengthens as the Australian Dollar (AUD) outperforms its peers, following the release of the Australian labour market data for October, published earlier in the day. Australian Dollar Price Today The table below shows the percentage change … - [Australian Dollar rises as strong jobs data boost RBA caution](https://todaymarkets.ae/australian-dollar-rises-as-strong-jobs-data-boost-rba-caution/): The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday, extending its gains for the second consecutive day. The AUD/USD pair appreciates as the AUD receives support following the release of improved employment data from Australia. The Australian Bureau of Statistics (ABS) released the Unemployment Rate on Thursday, which declined to 4.3% … - [UK GDP to post a slight expansion in Q3, reinforcing BoE easing expectations](https://todaymarkets.ae/uk-gdp-to-post-a-slight-expansion-in-q3-reinforcing-boe-easing-expectations/): The UK’s Office for National Statistics (ONS) will release the advanced prints of the Q3 Gross Domestic Product (GDP) on Thursday. If the figures meet market consensus, the UK economy would have maintained its pace of expansion at 1.4% annualised, showing that momentum could have begun to stall. The QoQ report is expected to show … - [GBP/JPY holds steady above 203.00, remains close to two-week high ahead of UK data dump](https://todaymarkets.ae/gbp-jpy-holds-steady-above-203-00-remains-close-to-two-week-high-ahead-of-uk-data-dump/): The GBP/JPY cross edges lower during the Asian session on Thursday and moves further away from an over two-week high, around the 203.55-203.60 region, touched the previous day. Spot prices, however, lack follow-through selling and recover a few pips from sub-203.00 levels, or the daily low. The Japanese Yen (JPY) attracts some buyers following Bank … - [EUR/USD stays near 1.1600 after official ending of US government shutdown](https://todaymarkets.ae/eur-usd-stays-near-1-1600-after-official-ending-of-us-government-shutdown/): EUR/USD moves little after six days of gains, trading around 1.1590 during the Asian hours on Thursday. The pair remains steady as the US Dollar (USD) holds ground after US President Donald Trump signed the government funding bill on Thursday, marking the official end of the record 43-day government shutdown in the United States (US) … - [FTSE 100 Hits New Record in Volatile Session](https://todaymarkets.ae/ftse-100-hits-new-record-in-volatile-session/): The FTSE 100 ended slightly higher on Wednesday, setting a new record high but lagging behind other major European markets due to losses in oil and gas stocks. Political uncertainty weighed on sentiment after reports suggested Health Secretary Wes Streeting was seeking to replace Prime Minister Keir Starmer, claims he firmly denied, calling the speculation … - [Silver up 4% on Hopes of Shutdown Ending](https://todaymarkets.ae/silver-up-4-on-hopes-of-shutdown-ending/): Silver prices have surged more than 4% today in response to the prospect of the US shutdown ending and potential Fed rate cuts. Today’s sharp rise in silver prices, exceeding 4%, is the result of a combination of several key market and fundamental factors that are significantly influencing investor sentiment. The most important of these are … - [Dow Remains at Record, S&P 500 and Nasdaq Cut Gains](https://todaymarkets.ae/dow-remains-at-record-sp-500-and-nasdaq-cut-gains/): The Dow Jones surged over 400 points to a new record high, buoyed by optimism that the government shutdown could soon come to an end. Lawmakers returned to Washington to vote on a deal aimed at restoring funding to federal agencies after the shutdown that began on October 1. The index outperformed as major financial … - [TSX Aims at Fresh Record High](https://todaymarkets.ae/tsx-aims-at-fresh-record-high/): The S&P/TSX Composite Index rose about 0.6% to above the 30,550 level on Wednesday, nearing record highs as hopes that the US government shutdown could soon end encouraged risk taking and lifted market breadth. The House may vote shortly to reopen the government, which would restore delayed economic releases that help guide the Fed and … - [US Stocks Gain, Dow Climbs to New High](https://todaymarkets.ae/us-stocks-gain-dow-climbs-to-new-high/): US stocks opened higher on Wednesday, with the S&P 500 and Nasdaq each up 0.2%, while the Dow Jones gained 250 points to notch a new record high. Sentiment was buoyed by optimism that the government shutdown could soon end, as House members return to Washington to vote on a deal to restore funding to … - [Heating Oil Tracks Crude Lower](https://todaymarkets.ae/heating-oil-tracks-crude-lower/): US heating oil futures dropped to about $2.50 per gallon, down from June highs as falling crude feedstock costs and worries about a looming global supply glut weighed on product markets. OPEC and its allies have been restoring capacity while non-member producers boosted output, and the group expects world oil demand to grow by about … - [Uranium Falls from 1-Month High](https://todaymarkets.ae/uranium-falls-from-1-month-high/): Uranium futures were at $78 per pound, holding the slide from the one-month high of $82.5 on October 31st as an improved supply outlook outweighed the speculative bets for nuclear power in the next decades. Top producer Kazatomprom reported a 33% growth rate in exports in the third quarter and a 10% increase in total … - [China 10-Year Yield Trades Sideways](https://todaymarkets.ae/china-10-year-yield-trades-sideways/): China’s 10-year government bond yield hovered around 1.84%, trading in a sideways range, as investors weighed expectations of sustained government spending and proactive fiscal measures in 2026. The Ministry of Finance outlined plans to boost domestic consumption, expand investment in technology and human capital, and reinforce the social safety net, prompting markets to anticipate increased … - [Palm Oil Retreats from Two-Week Peak](https://todaymarkets.ae/palm-oil-retreats-from-two-week-peak/): Malaysian palm oil futures slipped below MYR 4,080 on Monday, easing after four straight sessions of gains as traders booked profits following last week’s two-week high. Softer edible oils on the Dalian exchange also weighed on sentiment entering the final week of 2025, leaving futures on track to end the year down about 8.5%, reversing … - [NZD/USD remains below 0.5850 as US Dollar recovers losses](https://todaymarkets.ae/nzd-usd-remains-below-0-5850-as-us-dollar-recovers-losses/): NZD/USD remains subdued for the third successive session, trading around 0.5830 during the Asian hours on Monday. The pair edges lower as the US Dollar (USD) recovers daily losses on technical grounds. However, the downside of the pair could be restrained as the US Dollar (USD) could struggle amid the ongoing likelihood of two more … - [GBP/USD edges higher above 1.3500, eyes Fed rate cut outlook](https://todaymarkets.ae/gbp-usd-edges-higher-above-1-3500-eyes-fed-rate-cut-outlook/): GBP/USD gains after a gap-down open, trading around 1.3510 during the Asian hours on Monday. The pair gains ground as the US Dollar (USD) faces challenges, which could be attributed to growing expectations of two more rate cuts by the Federal Reserve (Fed) in 2026. Traders are likely to focus on the Federal Open Market Committee (FOMC) December … - [Australian Dollar hits fresh 14-month highs on RBA rate hike bets](https://todaymarkets.ae/australian-dollar-hits-fresh-14-month-highs-on-rba-rate-hike-bets/): The Australian Dollar (AUD) rises against the US Dollar (USD), reaching a 14-month high of 0.6727 on Monday. The AUD/USD pair strengthens as the Aussie Dollar finds support amid growing expectations of interest rate hikes from the Reserve Bank of Australia (RBA). The RBA’s December Meeting Minutes indicated that board members are becoming less confident that monetary … - [USD/CAD slips to near 1.3650 as Oil prices gain on Middle East tensions](https://todaymarkets.ae/usd-cad-slips-to-near-1-3650-as-oil-prices-gain-on-middle-east-tensions/): USD/CAD depreciates for the second successive session, trading around 1.3660 during the Asian hours on Monday. The pair remains subdued near the five-month low of 1.3642, reached on December 26, as the commodity-linked Canadian Dollar (CAD) receives support from stronger Oil prices, given Canada’s status as the largest crude exporter to the United States (US). West … - [EUR/USD Tests nine-day EMA support near 1.1750](https://todaymarkets.ae/eur-usd-tests-nine-day-ema-support-near-1-1750/): EUR/USD loses ground for the fourth consecutive session, trading around 1.1760 during the Asian hours on Monday. On the daily chart, technical analysis indicates a weakening bullish bias, as the pair tests to break below the lower boundary of the ascending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) at 63.92 remains constructive above … - [Gold Hovers Near Record High](https://todaymarkets.ae/gold-hovers-near-record-high-2/): Gold dipped to around $4,500 per ounce on Monday but remained near its record high, supported by geopolitical uncertainty and expectations of further US rate cuts. President Donald Trump said that peace talks with Ukrainian President Volodymyr Zelenskiy have made “a lot of progress,” though a deal may take weeks. Zelenskiy also added that the … - [Palladium Slips Nearly 6%](https://todaymarkets.ae/palladium-slips-nearly-6/): Palladium futures slipped nearly 5% to around $1,890 an ounce, likely due to profit-taking after an end-of-year rally that pushed prices to a three-year high. Investors also weighed geopolitical risks after comments from President Donald Trump suggesting meaningful progress in talks with Ukraine, even as negotiations are expected to continue for several weeks. Ukrainian President … - [Oil Rises Over 1%](https://todaymarkets.ae/oil-rises-over-1/): WTI crude oil futures rose more than 1% to above $57 per barrel on Monday, trimming a loss of more than 2% from the previous session, as investors weighed Middle East tensions and developments in Ukraine peace talks. Unrest in the Middle East, including Saudi air strikes in Yemen and Iran’s declaration of a ‘full-scale … - [BoJ Flags Further Rate Rise to Anchor Stability: Dec Policy Summary](https://todaymarkets.ae/boj-flags-further-rate-rise-to-anchor-stability-dec-policy-summary/): It is appropriate for the Bank of Japan to raise interest rates and adjust the degree of monetary accommodation to achieve price stability sustainably, the Summary of Opinions from its December meeting showed. Policymakers noted that Japan could sustain a virtuous cycle in which wages and prices rise moderately, reinforcing confidence in the baseline outlook … - [Australian Shares Fall on Energy Losses](https://todaymarkets.ae/australian-shares-fall-on-energy-losses/): The S&P/ASX 200 fell 0.3% to around 8,741 on Monday, extending losses from the previous session, as weakness in energy stocks offset strong gains in miners and gold producers. Oil-linked shares fell after crude prices declined on Friday amid concerns over a looming supply glut, dragging on index performance in thin, holiday-shortened trade. Woodside Energy … - [Dollar Remains Subdued](https://todaymarkets.ae/dollar-remains-subdued/): The US dollar edged below 98 on Monday, trading sideways near its lowest level since early October as holiday-thinned trading continued and markets priced in rate cuts next year. Investors still factor in two more rate cuts in 2026, though Federal Reserve officials are split on the path forward, with the majority forecasting just a … - [Silver Moves Back Toward Record](https://todaymarkets.ae/silver-moves-back-toward-record/): Silver swung sharply on Monday, erasing earlier losses of 5% to return to the key level of around $80 per ounce, moving back toward its record amid geopolitical uncertainty. President Donald Trump said that peace talks with Ukrainian President Volodymyr Zelenskiy have seen “significant progress,” although a final agreement could take weeks. Zelenskiy noted that … - [Yuan Holds as PBOC Signals Stability](https://todaymarkets.ae/yuan-holds-as-pboc-signals-stability/): The offshore yuan steadied around the 7 per dollar mark on Monday, after reaching a fifteen-month high in the previous session, as investors weighed the central bank’s efforts to temper rapid one-way moves. The People’s Bank of China set a slightly softer-than-expected midpoint, signaling its intent to rein in excess yuan strength, while state-run media … - [Copper Hits Fresh Record](https://todaymarkets.ae/copper-hits-fresh-record/): Copper futures climbed to $5.8 per pound by the end of December, hitting new record levels on tight global supplies and a softer US dollar. London Metal Exchange futures reached $12,960 a ton, tracking strong gains in Shanghai and New York. The rally coincided with broad gains across precious metals, as gold, silver, and platinum … - [US 10-Year Yield Edges Lower](https://todaymarkets.ae/us-10-year-yield-edges-lower/): The yield on the 10-year US Treasury edged lower to around 4.14%, as holiday-thinned trading continued and markets priced in rate cuts next year. Investors continue to expect two reductions in 2026, though Federal Reserve officials are divided, with most projecting only one. Recent GDP data also showed a robust annualized pace in Q3, reinforcing … - [China Stocks Rally for Ninth Session](https://todaymarkets.ae/china-stocks-rally-for-ninth-session/): The Shanghai Composite rose 0.4% to around 3,980 on Monday, extending its winning streak to nine sessions, the longest since April, while the Shenzhen Component gained 0.3% to a two-month high of 13,640, after Beijing announced plans to expand fiscal spending to boost consumption and investment and a bullish global equities mood lifted sentiment in … - [US Futures Hold Near Record Highs](https://todaymarkets.ae/us-futures-hold-near-record-highs/): US equity futures remained muted on Friday, expected to remain in thin trading after exchanges were closed for holidays. Contracts tracking the S&P 500 and the Dow were near their record highs amid expectations that sustained economic growth and more-accommodative monetary policy support earnings prospects. Despite optimism that corporate revenues will remain robust, skepticism on … - [Soybean Futures Edge Up](https://todaymarkets.ae/soybean-futures-edge-up/): Soybean futures hovered around $10.6 per bushel, rebounding slightly from $10.5 per bushel before Christmas, modestly supported by sustained Chinese buying demand. According to the latest US Department of Agriculture (USDA) export sales report, US soybean net sales to China for the 2025/26 marketing year reached 1.383 million tons for the week ending December 11, … - [Nickel Surges to 7-Month High](https://todaymarkets.ae/nickel-surges-to-7-month-high/): Nickel futures in the UK surged to $15,600 per tonne, the highest since May, after testing four-year lows at $14,350 on December 16th as markets reconsidered the view of an oversupplied market. Indonesia, the world’s top nickel producer, proposed a 34% reduction in nickel output in its 2026 budget to tackle growing concerns of oversupply … - [Lithium Rises to 19-Month High](https://todaymarkets.ae/lithium-rises-to-19-month-high/): Lithium carbonate futures in China rose past the CNY 110,00 per tonne mark for the first time in 19 months as lower supply magnified the outlook of stronger demand. The Bureau of Natural Resources of Yichun, which includes the lithium mining hub in the Chinese Jiangxi province, stated it would cancel 27 mining permits early … - [Rupiah Dips But Dollar Weakness Limits Losses](https://todaymarkets.ae/rupiah-dips-but-dollar-weakness-limits-losses/): The Indonesian rupiah slipped toward IDR 16,750 per dollar on Friday after briefly firming near 16,730 in the prior session, as holiday-thinned trading weighed on sentiment. Renewed bets on lower interest rates added pressure after Governor Perry Warjiyo signaled policymakers still have room to ease, citing mild inflation and the need to support growth following … - [Silver Hits Fresh High](https://todaymarkets.ae/silver-hits-fresh-high/): Silver climbed more than 4% to $74.8 per ounce on Friday, advancing for the fifth consecutive session to reach a new high, as investor sentiment remained elevated amid ongoing geopolitical tensions and expectations of further US interest rate cuts. Nine days after US President Trump announced the blockade on Venezuelan oil tankers, concerns over disruptions … - [Strategy and other Bitcoin treasury firms under pressure as market momentum slows](https://todaymarkets.ae/strategy-and-other-bitcoin-treasury-firms-under-pressure-as-market-momentum-slows/): Strategy (MSTR) and other corporate Bitcoin (BTC) treasuries remain under pressure as 2025’s volatile BTC performance – marked by sharp rallies and deep corrections – left annual returns flat to slightly negative. MSTR stock prices are down more than 60% from their year-highs, while peers that raised capital through Private Investment in Public Equity (PIPE) … - [BTC struggles below $90,000 as ETF outflows persist and options expiry looms](https://todaymarkets.ae/btc-struggles-below-90000-as-etf-outflows-persist-and-options-expiry-looms/): Bitcoin (BTC) steadies around $87,700 at the time of writing on Thursday after failing to reclaim a key psychological level earlier this week. Institutional demand continues to weaken as spot Bitcoin Exchange-Traded Funds (ETFs) recorded their fifth consecutive day of withdrawals. Traders should remain cautious ahead of Friday’s large options expiry, which could bring fresh volatility … - [Palm Oil Poised for Weekly Gains After Recent Losses](https://todaymarkets.ae/palm-oil-poised-for-weekly-gains-after-recent-losses/): Malaysian palm oil futures hovered above MYR 4,060 per tonne on Friday, extending gains for a fourth straight session as trade resumed after the Christmas break. Prices drew support from stronger rival edible oils on the Dalian exchange and firmer demand prospects from top buyer India, where November imports rose about 5% from October amid … - [Copper Hits Five-Month Peak](https://todaymarkets.ae/copper-hits-five-month-peak/): Copper futures advanced more than 3% to around $5.7 per pound in late December, extending gains to a five-month high as global markets reacted to strong demand and supply constraints. The metal continues to benefit from the global energy transition, contributing to its 42% annual gain in New York. Prices were further supported by a … - [India Stocks Fall but Point to Weekly Gains](https://todaymarkets.ae/india-stocks-fall-but-point-to-weekly-gains/): The BSE Sensex dropped by 163 points, or 0.2%, to reach 85,247 during Friday morning trading, extending losses from the previous session, mainly weighed down by technology, financial services, and banking stocks. Indian markets experienced a period of consolidation, with lower trading volumes amid a lack of significant global market movements due to holidays in … - [US Futures Steady After Christmas Break](https://todaymarkets.ae/us-futures-steady-after-christmas-break/): U.S. stock futures were little changed on Friday, following Wall Street’s modest gains and thin trading on Wednesday during a holiday-shortened session. Dow futures edged up 0.02%, while the S&P 500 and Nasdaq 100 futures were little changed. In regular trading on Wednesday, US stocks advanced for a fifth straight session, with the S&P 500 … - [Japan Retail Sales Growth Above Forecasts](https://todaymarkets.ae/japan-retail-sales-growth-above-forecasts/): Retail sales in Japan rose 1.0% year-on-year in November 2025, slowing from a 1.7% growth in the previous month but surpassing market expectations of 0.9%. It marked the third consecutive month of increase in retail turnover, supported by resilient household spending on essentials heading into year-end, steady wage gains, and a recovery in inbound tourism. … - [Japanese Yen Heads for Solid Weekly Gains](https://todaymarkets.ae/japanese-yen-heads-for-solid-weekly-gains/): The Japanese yen strengthened past 155 per dollar on Friday, positioning itself for solid weekly gains as investors expect the Bank of Japan to continue raising interest rates despite Tokyo’s cooler-than-expected inflation data. The capital’s annual inflation rate eased to a more than one-year low of 2% in December, reflecting softer food and energy price … - [Oil Set for Weekly Advance](https://todaymarkets.ae/oil-set-for-weekly-advance/): WTI crude oil futures edged up to $58.5 per barrel on Friday, heading for a weekly gain, supported by geopolitical risks. Crude prices rallied earlier in the week after President Donald Trump intensified the US naval blockade of Venezuela, with the seizure of oil tankers as its latest strategy. While Venezuelan crude accounts for only … - [South Korean Shares Rise on Wall Street Strength](https://todaymarkets.ae/south-korean-shares-rise-on-wall-street-strength/): The benchmark KOSPI rose 0.8% to around 4,139 on Friday, reversing losses from the previous session as investor sentiment was buoyed by overnight record highs on Wall Street, where tech and AI stocks continued to lead the advance. Holiday-thinned regional trading amplified the influence of US cues, setting a supportive tone for Korean equities. The … - [Korean Won Appreciates on Policy Support Measures](https://todaymarkets.ae/korean-won-appreciates-on-policy-support-measures/): The South Korean won climbed to around 1,433 per dollar on Friday, extending gains for another session as optimism grew over policy measures aimed at supporting the currency. Authorities, including the Bank of Korea and the Ministry of Economy and Finance, have engaged in verbal interventions to ease market stress, while the ministry unveiled measures … - [Gold Near Record High](https://todaymarkets.ae/gold-near-record-high/): Gold prices rose to around $4,500 per ounce on Friday, after briefly hitting an all-time high of $4,530 earlier in the session, driven by safe-haven demand amid mounting geopolitical tensions and expectations of US interest rate cuts. Investor focus remains on the ongoing US blockade of crude shipments from Venezuela, continued hostilities between Russia and … - [Japan’s Nikkei Notches Two-Week High, Eyes Second Weekly Gain](https://todaymarkets.ae/japans-nikkei-notches-two-week-high-eyes-second-weekly-gain/): The Nikkei 225 advanced 477 points, or nearly 1%, to 50,892 in Friday’s morning session, rebounding from three subdued days and heading for a second straight weekly gain. The benchmark hit a two-week peak, boosted by broad sectoral strength. Meanwhile, the broader Topix Index added 0.4% for a second session. Sentiment improved after Wall Street’s … - [Japan 10Y Yield Steady After Inflation Data](https://todaymarkets.ae/japan-10y-yield-steady-after-inflation-data/): Japan’s 10-year government bond yield steadied around 2%, as investors continue to expect possible interest rate hikes from the Bank of Japan despite Tokyo’s inflation coming in below expectations. The capital’s annual inflation eased to an over one-year low of 2% in December, mainly due to moderating price pressures in both food and energy. Tokyo’s … - [Yuan Strengthens to Multi-Year High](https://todaymarkets.ae/yuan-strengthens-to-multi-year-high/): The offshore yuan appreciated to around 7 per dollar on Friday, extending gains for the third consecutive session and marking its strongest level in over fifteen months, as investors responded to signs of measured policy guidance from authorities. In its latest action, China established the yuan’s daily reference rate below market expectations by a record … - [Chinese Stocks Extend Rally](https://todaymarkets.ae/chinese-stocks-extend-rally/): The Shanghai Composite rose 0.4% to a more than one-month high of around 3,975, extending its winning streak to eight sessions, the longest since July, while the Shenzhen Component gained 1% to a near two-month high of 13,657 on Friday, as the People’s Bank of China hinted at potential monetary easing in the near term. … - [Dollar Remains Under Pressure](https://todaymarkets.ae/dollar-remains-under-pressure/): The US dollar held at 97.9 on Friday, remaining at its lowest level since early October, as investors continued to expect interest rate cuts by the Federal Reserve next year. Strong GDP data released on Tuesday had little impact on the rate outlook, with markets still pricing in two additional cuts in 2026. However, Fed … - [Trade of The Day - XAG.Silver](https://todaymarkets.ae/trade-of-the-day-xag-silver/): Facts: Trade: Short position (SELL) on SILVER at market price. SILVER (D1) Source: xStation5Opinion: Silver has experienced one of the most intense growth periods in history. Several factors indicate that the price of the metal has reached an overvaluation level. The RSI indicator has exceeded 80 and is currently at 81.7. A similar level prompted … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-13/): The USD/JPY market is currently in a transitional phase between the end of the previous zero interest rate regime and the early phase of normalization. After the sharp volatility episodes of 2024, triggered by the Bank of Japan’s shock exit from ultra-dovish policy and partial unwinding of carry trade, the market in 2025 has shifted … - [Gold eases from record high amid profit-taking](https://todaymarkets.ae/gold-eases-from-record-high-amid-profit-taking/): Gold price (XAU/USD) eases from a record high of $4,526 during the early European trading hours on Wednesday as traders book some profits. Additionally, the upbeat US Gross Domestic Product (GDP) data might also weigh on the Gold price. It’s worth noting that strong GDP often boosts the US Dollar (USD), making Gold more expensive … - [Silver Price Forecast: XAG/USD extends bull run to near $72.70 as Fed dovish bets remain steady](https://todaymarkets.ae/silver-price-forecast-xag-usd-extends-bull-run-to-near-72-70-as-fed-dovish-bets-remain-steady/): Silver price (XAG/USD) rallies further to near $72.70 during the early European trading session on Wednesday. The white metal extends its bull run as Federal Reserve (Fed) dovish expectations for 2026 remain broadly firm, even as the United States (US) Q3 Gross Domestic Product (GDP) came in surprisingly higher. According to the CME FedWatch tool, traders see … - [GBP/JPY hangs near weekly low, around mid-210.00s amid a broadly firmer JPY](https://todaymarkets.ae/gbp-jpy-hangs-near-weekly-low-around-mid-210-00s-amid-a-broadly-firmer-jpy/): The GBP/JPY cross attracts some sellers for the second straight day on Wednesday and trades around mid-210.00s, closer to the weekly trough during the Asian session. Spot prices, however, remain within striking distance of the highest level since August 2008, touched on Monday. Moreover, the fundamental backdrop warrants some caution before positioning for any meaningful … - [USD/CHF rebounds toward 0.7900 after hitting three-month lows](https://todaymarkets.ae/usd-chf-rebounds-toward-0-7900-after-hitting-three-month-lows/): USD/CHF loses ground for the third consecutive session, trading around 0.7880 during the Asian hours on Wednesday. The pair hit a three-month low of 0.7861 during early trading as the US Dollar (USD) faces challenges, which could be attributed to the growing expectations of two rate cuts by the Federal Reserve (Fed) in 2026. Volumes are expected … - [GBP/USD gathers strength above 1.3500 as BoE signals gradual easing](https://todaymarkets.ae/gbp-usd-gathers-strength-above-1-3500-as-boe-signals-gradual-easing/): The GBP/USD pair trades in positive territory near 1.3510 during the early European session on Wednesday. The Pound Sterling (GBP) strengthens against the Greenback on expectations that the Bank of England (BoE) will follow a gradual monetary easing path in 2026.   The UK central bank delivered a widely expected rate cut to 3.75% last week, but … - [Japanese Yen remains on the front foot vs. bearish USD amid BoJ-Fed policy divergence](https://todaymarkets.ae/japanese-yen-remains-on-the-front-foot-vs-bearish-usd-amid-boj-fed-policy-divergence/): The Japanese Yen (JPY) prolongs its uptrend against a broadly weaker US Dollar (USD) for the third straight day and climbs to a fresh weekly top during the Asian session on Wednesday. Minutes of the Bank of Japan’s (BoJ) October meeting showed that board members debated the need to continue raising interest rates. Apart from this, … - [EUR/GBP weakens below 0.8750 as BoE hints at slower easing pace](https://todaymarkets.ae/eur-gbp-weakens-below-0-8750-as-boe-hints-at-slower-easing-pace/): The EUR/GBP cross trades in negative territory for the fifth consecutive day around 0.8725 during the early European session on Wednesday. The Pound Sterling (GBP) edges higher against the Euro (EUR) after the Bank of England (BoE) delivered a widely anticipated rate cut while indicating that the bar for further reduction was high due to persistent inflation. The BoE’s … - [Gold edges higher to all-time high on Venezuela tensions, Fed rate cut optimism](https://todaymarkets.ae/gold-edges-higher-to-all-time-high-on-venezuela-tensions-fed-rate-cut-optimism/): Gold price (XAU/USD) extends the rally to a fresh record high above $4,520 during the Asian trading hours on Wednesday. The previous metal surges as persistent geopolitical uncertainty,  particularly in US-Venezuela conflict, continues to keep safe-haven demand elevated. Additionally, growing expectations of further US Federal Reserve (Fed) rate cuts next year contribute to the Gold’s upside. Financial … - [Copper Holds Near 5-Month High](https://todaymarkets.ae/copper-holds-near-5-month-high/): Copper futures rose to around $5.5 per pound in late December, extending near a five-month high, as tight supply and robust US economic growth underpinned prices. The US economy expanded at its fastest pace in two years in Q3, boosted by consumer spending, exports, and industrial activity, supporting copper-intensive sectors. Supply pressures grew after years … - [Crude Oil Prices Continue Higher on Recent Oil Tanker Disruptions](https://todaymarkets.ae/crude-oil-prices-continue-higher-on-recent-oil-tanker-disruptions/): February WTI crude oil (CLG26) on Tuesday closed up +0.37 (+0.64%), and February RBOB gasoline (RBG26) closed up +0.16 (+0.09%). Crude oil on Tuesday extended Monday’s rally on concern about oil risks related to Venezuela and Ukraine-Russia.  Other bullish factors included the weaker dollar and the slightly stronger stock market.  Crude prices have carry-over support … - [Nat-Gas Prices Soar on Incoming Cold Weather](https://todaymarkets.ae/nat-gas-prices-soar-on-incoming-cold-weather/): January Nymex natural gas (NGF26) on Tuesday closed up +0.443 (+11.17%). Jan nat-gas prices on Tuesday soared on heavy short-covering pressure after the plunge seen in mid-December.  Tuesday’s rally was sparked by colder forecasts for the East Coast.  Xweather forecasted that a storm system will bring cold temperatures through the Midwest and Eastern seaboard by … - [Corn Holds onto Gains](https://todaymarkets.ae/corn-holds-onto-gains/): Corn futures closed Tuesday with contracts fractionally to a penny higher. The CmdtyView national average Cash Corn price was up 1/2 cent to $4.03. The markets will close early on Wednesday and remain closed for Christmas on Thursday with a hard open at 8:30 am CST on Friday.  This morning’s USDA Export Sales update for the week … - [Wheat Sees Modest Strength](https://todaymarkets.ae/wheat-sees-modest-strength/): The wheat complex was mixed trade at the Tuesday close, with winter wheat contracts higher and spring wheat mixed. Chicago SRW futures were 1 to 2 cents higher on the day. KC HRW futures were up 6 to 7 cents in the nearbys. MPLS spring wheat saw fractionally mixed trade on Tuesday. Another update to … - [Coffee Prices See Support from Indonesian Flooding](https://todaymarkets.ae/coffee-prices-see-support-from-indonesian-flooding/): March arabica coffee (KCH26) on Tuesday closed down -0.40 (-0.12), and January ICE robusta coffee (RMF26) closed up +104 (+2.69%). Coffee prices on Tuesday closed mixed.  Coffee prices are supported by widespread flooding in Indonesia, which threatens the country’s coffee exports.  The flooding has affected about a third of Indonesia’s arabica coffee farms in northern … - [Cocoa Prices See Support from Expectations for Index-Related Buying](https://todaymarkets.ae/cocoa-prices-see-support-from-expectations-for-index-related-buying-2/): March ICE NY cocoa (CCH26) on Tuesday closed up +71 (+1.21%), and March ICE London cocoa #7 (CAH26) closed up +34 (+0.80%). NY cocoa prices closed higher on Tuesday on continued support from expectations for index-related buying tied to the addition of cocoa futures to the Bloomberg Commodity Index (BCOM) starting in January.  According to … - [Hong Kong Stocks Inch Higher Ahead of Early Market Close](https://todaymarkets.ae/hong-kong-stocks-inch-higher-ahead-of-early-market-close/): Hong Kong shares edged up 51 points, or 0.2%, to 25,824 in Wednesday morning trade, reversing mild losses from the prior session after Wall Street’s S&P 500 closed at a fresh high overnight as data showed the U.S. economy grew at its fastest pace in two years. Investors weighed reports that China plans to step … - [Australian Shares Drop After RBA Minutes](https://todaymarkets.ae/australian-shares-drop-after-rba-minutes/): The S&P/ASX 200 fell 0.5% to around 8,754 on Wednesday, reversing gains after reaching its highest level in over a month, following the Reserve Bank of Australia’s December meeting minutes. The minutes showed policymakers weighing a potential 2026 rate hike, while RBA Governor Bullock signaled a hawkish stance, warning hikes may be needed if inflation … - [Platinum Hits Fresh High](https://todaymarkets.ae/platinum-hits-fresh-high/): Platinum futures surged past $2,300 per ounce, hitting a record high, driven by tight supply and strong investment demand. The metal has now risen for a 10th consecutive session, its longest streak since 2017, and has gained over 150% this year, marking the largest annual advance since at least 1987. More than 600,000 ounces are … - [US 10-Year Yield Declines](https://todaymarkets.ae/us-10-year-yield-declines/): The yield on the 10-year US Treasury note fell to around 4.16% on Wednesday, pulling back after testing the September highs in the previous session, as investors continued to bet on further Federal Reserve easing next year. Market pricing reflects expectations for up to two additional rate cuts in 2026. This comes despite initial Q3 … - [South Korean Won Hits Over 1-Month High](https://todaymarkets.ae/south-korean-won-hits-over-1-month-high/): The South Korean won climbed 1.5% to around 1,457 per dollar on Wednesday, recovering from multi-month lows to its strongest level in over a month, amid policy support from the National Pension Service and the Bank of Korea. The NPS, in consultation with foreign-exchange authorities, carried out strategic foreign exchange hedging operations and adjusted overseas … - [NZX50 Ends Marginally Higher](https://todaymarkets.ae/nzx50-ends-marginally-higher/): The S&P/NZX 50 index edged up 0.1% to close at 13,529 on Wednesday, extending a flat performance from the previous session amid a lack of market drivers and shortened trading hours ahead of Christmas Eve. Trading was thin as the market approached the holiday, with New Zealand markets closed on December 25 and 26. Gains … - [Silver Climbs to All-Time High](https://todaymarkets.ae/silver-climbs-to-all-time-high/): Silver climbed past $72 per ounce on Wednesday, advancing for the fourth straight session to reach a fresh high, driven by expectations of US rate cuts and safe-haven demand. Traders are currently pricing in the possibility of two interest rate reductions next year, as mixed economic indicators heightened expectations of Federal Reserve easing. Although third-quarter … - [Japan 10Y Yield Hovers Near 27-Year High](https://todaymarkets.ae/japan-10y-yield-hovers-near-27-year-high/): Japan’s 10-year government bond yield traded around 2%, near its highest level in twenty-seven years, as investor concern mounted over the country’s expansionary fiscal policies. The FY2026 budget, likely exceeding ¥122 trillion, will require bond issuance above last year’s ¥28.6 trillion, alongside a ¥21.3 trillion stimulus aimed at easing household costs, fueling concerns over Japan’s … - [Offshore Yuan Hits Fresh 15-Month Peak](https://todaymarkets.ae/offshore-yuan-hits-fresh-15-month-peak/): The offshore yuan strengthened to around 7.01 per dollar on Wednesday, hitting a fresh fifteen-month high, driven by the strong official midpoint fixing and seasonal year-end demand. Exporters typically convert more foreign currency into yuan at year-end to meet payments and administrative requirements, a trend that could extend into January ahead of the Lunar New … - [Palm Oil Steadies Near MYR 4,030 Ahead of Christmas Break](https://todaymarkets.ae/palm-oil-steadies-near-myr-4030-ahead-of-christmas-break/): Malaysian palm oil futures were little changed on Wednesday, hovering near MYR 4,030 after gains in the prior two sessions, as trading thinned ahead of Thursday’s Christmas holiday. A firmer ringgit capped upside, though stronger rival edible oils in Dalian and Chicago lent support. Meanwhile, export data sent mixed signals: cargo surveyor Intertek Testing Services … - [Today Markets - Market Summary](https://todaymarkets.ae/today-markets-market-summary/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Novo Nordisk - There Were Risks, Now it's Time For Opportunities](https://todaymarkets.ae/novo-nordisk-there-were-risks-now-its-time-for-opportunities/): Novo Nordisk shares remain clearly below the peaks of a few years ago, but today’s session is seeing solid gains. On the wave of news from the FDA, shares of the Danish pharmaceutical company are rising by over 9%.The direct catalyst for today’s increase is the FDA (Food and Drugs Administration) decision regarding the approval of … - [Novo Nordisk Gains 7% as European Indices Consolidate at Highs](https://todaymarkets.ae/novo-nordisk-gains-7-as-european-indices-consolidate-at-highs/): European equity markets remain in cautious consolidation near historical highs ahead of the calm holiday period. The Stoxx Europe 600 index gains 0.25%, Germany’s DAX rises 0.10%, and Switzerland’s SUI20 is up more than 0.50%. Other European indices post slight losses in the range of 0.00–0.20%. European indices are supported by gains in pharmaceutical stocks. … - [Trade of The Day - EUR/AUD](https://todaymarkets.ae/trade-of-the-day-eur-aud/): Facts: Recommendation: Source: xStation5 Opinion: The end of recent pressure on technology stocks has revived risk appetite in global markets. The Australian dollar has once again become one of the main beneficiaries of improved sentiment, though its upside potential extends beyond the short-term trend. Today’s RBA minutes confirmed a rise in hawkish sentiment within the … - [DAX at Over 1-Month High](https://todaymarkets.ae/dax-at-over-1-month-high/): Frankfurt’s DAX traded slightly above the flatline around 24,305 in the final full session of the Christmas week, its highest level since November 12, with European peers mixed. On the macro front, investors will be keeping an eye on a batch of US economic data, including GDP, durable goods orders and industrial production, to gauge … - [FTSE 100 Steadies Ahead of Christmas](https://todaymarkets.ae/ftse-100-steadies-ahead-of-christmas/): The FTSE 100 was flat to slightly higher on Tuesday, attempting to stabilize after ending the previous session down 0.3%. Gains were led by the healthcare sector, where sentiment improved following positive industry news. Novo Nordisk shares rallied after the company received US approval to sell an oral version of its blockbuster obesity drug Wegovy, … - [Iron Ore Holds Rebound from 5-Month Low](https://todaymarkets.ae/iron-ore-holds-rebound-from-5-month-low/): Iron ore futures rose were at CNY 780 per tonne, holding the rebound from the five-month low of CNY 755 on December 12th, as a pullback in output from major suppliers offset a muted demand backdrop for ferrous metals. Chinese steel mills remained with limited buying options for their iron feedstock as firms operating under … - [France 10-Year OAT Yields Ease Slightly](https://todaymarkets.ae/france-10-year-oat-yields-ease-slightly/): France’s 10-year OAT yield marginally fell to 3.56%, retreating from a 14-year high of 3.6% hit on December 22, as the global bond selloff paused. Despite the short-term dip, yields remain elevated amid fiscal uncertainty and a budget impasse. Lawmakers failed to agree on the 2026 budget last Friday, prompting Prime Minister Lecornu to push … - [Steel Rebar Set to Drop 7% in 2025](https://todaymarkets.ae/steel-rebar-set-to-drop-7-in-2025/): Steel rebar futures in China were at CNY 3,085 per tonne, maintaining most of the pullback from the over-three-month high of CNY 3,118 earlier in December, and set to close the year around 7% lower amid soft demand for ferrous metals. China’s NBS Construction PMI reflected a fourth consecutive contraction in October to reflect the … - [Chart of The Day - GOLD](https://todaymarkets.ae/chart-of-the-day-gold-6/): Gold continues its wave of dynamic gains, adding 0.82% today. The price of gold briefly approached another major milestone at 4,500 USD per ounce (4,495 USD). The rally is supported by a clear increase in demand for safe-haven assets and ongoing geopolitical turbulence during Donald Trump’s presidency. The immediate catalyst remains rising geopolitical uncertainty, including tensions between the US … - [U.S. GDP expected to highlight steady growth in Q3](https://todaymarkets.ae/u-s-gdp-expected-to-highlight-steady-growth-in-q3/): The United States (US) Bureau of Economic Analysis (BEA) will publish the first preliminary estimate of the third-quarter Gross Domestic Product (GDP) on Tuesday, at 13:30 GMT. Analysts expect the data to show annualized growth of 3.2%, following the 3.8% expansion in the previous quarter. Markets expect solid GDP expansion to continue in the three … - [German Import Prices Rise the Most in 20 Months](https://todaymarkets.ae/german-import-prices-rise-the-most-in-20-months/): Germany’s import prices fell by 1.9% year-on-year in November 2025, following a 1.4% decline in the previous month. This marked the eighth consecutive month of falling import prices and the steepest drop since March 2024, driven largely by a sharp decline in energy costs (-15.7%), particularly in crude oil (-21.7%), hard coal (-20.9%), electricity (-10.6%), … - [DOGE eyes breakout as falling wedge and bullish on-chain signals align](https://todaymarkets.ae/doge-eyes-breakout-as-falling-wedge-and-bullish-on-chain-signals-align/): Dogecoin (DOGE) is trading within a falling wedge pattern at around $0.13 on Tuesday, and a breakout of this pattern favors bulls. While broader market conditions still remain mixed, improving on-chain and derivatives signals suggest growing optimism among traders, raising the possibility of an upside breakout if momentum continues to build. Dogecoin’s onchain and derivatives … - [EU Car Registrations Rise 2.1% in November](https://todaymarkets.ae/eu-car-registrations-rise-2-1-in-november/): Passenger car registrations in the European Union climbed 2.1% year on year to 887,491 units in November 2025, following a 5.8% rise in October. This marked the fifth consecutive month of growth, with two of the EU’s four largest markets recording gains. Registrations in Spain rose 12.9%, while those in Germany increased by 2.5%. Meanwhile, … - [Copper Pulls Back Amid Market Caution](https://todaymarkets.ae/copper-pulls-back-amid-market-caution/): Copper futures hovered around $5.4 per pound, easing from a recent high after a months-long surge, as analysts noted that broader demand outside EVs, AI, and renewable infrastructure remains relatively soft. The metal is on track for its strongest annual gain since 2009, up roughly 36.7% this year, as supply concerns dominate. Disruptions at major … - [EUR/GBP declines below 0.8750 as UK GDP matches forecasts](https://todaymarkets.ae/eur-gbp-declines-below-0-8750-as-uk-gdp-matches-forecasts/): The EUR/GBP cross trades in negative territory for the fourth consecutive day near 0.8730 during the early European session on Tuesday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the Bank of England (BoE) delivered a widely expected rate cut but suggested that the bar for further reduction was high, given persistent inflation. The UK central bank cut … - [Nat-Gas Prices Fall on Warmer US Weather](https://todaymarkets.ae/nat-gas-prices-fall-on-warmer-us-weather/): January Nymex natural gas (NGF26) on Monday closed down -0.019 (-0.48%). Jan nat-gas prices fell on Monday amid warmer US weather, which will dampen heating demand for nat gas.  Commodity Weather is forecasting above-normal temperatures for much of the US, with a possibility of colder weather in the Midwest, East, and South later in December. … - [Live cattle futures see higher action](https://todaymarkets.ae/live-cattle-futures-see-higher-action/): Live cattle futures saw higher action on Monday, with contracts 32 cents to $1.07 in the green. Cash trade was softer last week at $228-229 across the country and $356-358 dressed. Feeder cattle futures closed the Monday with contracts 90 cents to $1.40 higher. Export Sales data showed 11,403 MT of beef sold in the week … - [Corn Starts the Holiday Week with Gains](https://todaymarkets.ae/corn-starts-the-holiday-week-with-gains/): Corn futures closed the Monday session with contracts 2 to 3 ¼ cents in the green. The CmdtyView national average Cash Corn price is up 3 1/2 cents to $4.03 1/2.  Monday morning’s Export Inspections report showed a total of 1.744 MMT (68.66 mbu) of corn shipped in the week of 12/18. That was 8.68% above the … - [Wheat complex posts higher trade](https://todaymarkets.ae/wheat-complex-posts-higher-trade/): The wheat complex posted higher trade on Monday, with contracts seeing gains across the three markets. Chicago SRW futures were up 5 to 6 cents on Monday. KC HRW futures were 6 to 7 cents in the green on the day. MPLS spring wheat was 2 cents higher. Export Inspections data showed wheat shipments at … - [Soybeans See Strength](https://todaymarkets.ae/soybeans-see-strength/): Soybeans posted Monday gains of 4 to 5 ½ cents as bulls were in a jollier mood to start the holiday week. The cmdtyView national average Cash Bean price was 4 1/4 cents higher at $9.83 3/4. Soymeal futures were 50 cents to $1 higher on Monday. Soy Oil futures were back up 58 to 67 points, with support from a … - [Sugar Prices See Support on Year-End Positioning](https://todaymarkets.ae/sugar-prices-see-support-on-year-end-positioning/): March NY world sugar #11 (SBH26) on Monday closed up +0.17 (+1.15%), and March London ICE white sugar #5 (SWH26) closed up +0.80 (+0.19%). Sugar prices on Monday continued higher on some short-covering ahead of the year-end Christmas and New Year’s holidays, a time of thin trading and reduced liquidity.  Sugar prices have rebounded higher … - [Coffee Prices Rally on Below-Normal Weekly Brazilian Rainfall](https://todaymarkets.ae/coffee-prices-rally-on-below-normal-weekly-brazilian-rainfall/): March arabica coffee (KCH26) on Monday closed up +6.70 (+1.97%), and January ICE robusta coffee (RMF26) closed up +88 (+2.33%). Coffee prices rallied after Somar Meteorologia on Monday reported that Brazil’s largest arabica coffee-growing area, Minas Gerais, received 38.3 mm of rain during the week ended December 19, or 76% of the historical average.   … - [Cocoa Prices See Support from Expectations for Index-Related Buying](https://todaymarkets.ae/cocoa-prices-see-support-from-expectations-for-index-related-buying/): March ICE NY cocoa (CCH26) on Monday closed up +42 (+0.72%), and March ICE London cocoa #7 (CAH26) closed down -15 (-0.35%). NY cocoa prices closed higher amid expectations for index-related buying tied to the addition of cocoa futures to the Bloomberg Commodity Index (BCOM) starting in January.  According to Citigroup, the inclusion of cocoa … - [Cotton Slips Lower](https://todaymarkets.ae/cotton-slips-lower/): Cotton futures were weaker on Monday, with contracts closing 1 to 14 points lower. Crude oil futures are $1.43 per barrel higher at $57.95. The US dollar index was back down $0.317 to $97.935.  USDA’s Export Sales report indicated a total of 153,266 RB of cotton sold in the week ending on December 4. That … - [Top Crypto Gainers: Humanity Protocol, Curve DAO, Convex Finance extend bullish trends](https://todaymarkets.ae/top-crypto-gainers-humanity-protocol-curve-dao-convex-finance-extend-bullish-trends/): Humanity Protocol (H) is up 40% over the last 24 hours while Curve DAO (CRV) and Convex Finance (CVX) edge higher by 10% each as the broader cryptocurrency market recovers. The bullish rebound in H, CRV, and CVX gains momentum as it approaches a crucial resistance level.  Humanity Protocol steadies after a 40% rise Humanity Protocol ticks … - [Gold scales record highs on geopolitical risks, US rate cut bets](https://todaymarkets.ae/gold-scales-record-highs-on-geopolitical-risks-us-rate-cut-bets/): Gold price (XAU/USD) climbs to a record high during the early European trading hours on Tuesday. The precious metal has risen 10% over the past month and nearly 70% in 2025 as heightened geopolitical tensions and economic uncertainty have boosted demand for safe-haven assets such as Gold.  Additionally, expectations that the US Federal Reserve (Fed) will cut … - [USD/CHF slips below 0.7900 ahead of Swiss ZEW Expectations survey](https://todaymarkets.ae/usd-chf-slips-below-0-7900-ahead-of-swiss-zew-expectations-survey/): USD/CHF extends its losses for the second consecutive day, trading around 0.7900 during the Asian hours on Tuesday. Traders are likely awaiting the Swiss ZEW Expectations survey for December due later in the day for fresh signals on business and employment conditions, which could offer fresh cues on the Swiss National Bank’s (SNB) rate outlook. Traders … - [Japanese Yen rises on Katayama's strong intervention warning, safe-haven flows](https://todaymarkets.ae/japanese-yen-rises-on-katayamas-strong-intervention-warning-safe-haven-flows/): The Japanese Yen (JPY) remains on the front foot against a broadly weaker US Dollar (USD) for the second consecutive day on Tuesday and seems poised to appreciate further. Japan’s Finance Minister Satsuki Katayama’s stronger intervention language turns out to be a key factor that provides a goodish lift to the JPY amid the year-end … - [Australian Dollar remains stronger as US Dollar weakens on Fed easing hopes](https://todaymarkets.ae/australian-dollar-remains-stronger-as-us-dollar-weakens-on-fed-easing-hopes/): The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Tuesday, following the release of the Reserve Bank of Australia (RBA) Minutes of its December monetary policy meeting. Additionally, the AUD/USD pair appreciated as the US Dollar (USD) faced challenges amid growing expectations that the Federal Reserve will continue easing policy, reinforced by President Donald Trump’s calls … - [EUR/USD Eyes 1.1800 barrier near two-month highs](https://todaymarkets.ae/eur-usd-eyes-1-1800-barrier-near-two-month-highs/): EUR/USD extends its gains for the second successive session, trading around 1.1780 during the Asian hours on Tuesday. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair moves upward within the ascending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) at 68.89 sits near overbought, signaling strong demand. RSI … - [AUD/JPY Softens near 104.00 amid intervention fears, broader uptrend prevails](https://todaymarkets.ae/aud-jpy-softens-near-104-00-amid-intervention-fears-broader-uptrend-prevails/): The AUD/JPY cross attracts some sellers near 104.05 during the early European session on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid the intervention fears. Japan’s Finance Minister Satsuki Katayama said on Tuesday that the official has a free hand in dealing with excessive moves in the Japanese Yen (JPY).  Earlier … - [Cattle Weakness Continues ](https://todaymarkets.ae/cattle-weakness-continues/): Live cattle futures posted losses of $1.57 to $2.52 on the Thursday session. A few cash sales in the north have been reported at $215-220 this week, with most on the higher side of that range, and $224 in the South. The Thursday morning Fed Cattle Exchange online auction showed $340 dressed sales on 40 head … - [Wheat Losses Extend ](https://todaymarkets.ae/wheat-losses-extend/): The wheat complex continued this week’s pullback on Thursday, as weakness was felt across the three exchanges. Chicago SRW futures were mostly 8 ½ to 10 cents lower on Thursday. KC HRW futures were down 7 ¾ to 10 cents on the day. MPLS spring wheat futures closed with losses of 3 ¾ to 8 … - [Corn Posts Losses ](https://todaymarkets.ae/corn-posts-losses/): Corn futures closed the Thursday session with contracts down 1 to 3 3/4 cents across the board. Strong export sales data from more than a month ago failed to get the bulls excited. The CmdtyView national average Cash Corn price was down 3 1/4 cents at $3.88 1/4.  Export Sales for 2025/26 corn bookings in the week … - [Soybean Losses Continue](https://todaymarkets.ae/soybean-losses-continue/): Soybeans posted losses of 9 to 13 ¾ cents on Thursday in the front months, with deferred contracts 3 to 7 ½ cents in the red. Futures continue to sell the fact as China purchases trickle in. The cmdtyView national average Cash Bean price was 13 1/2 cents lower at $10.49 1/4. Soymeal futures were back down $1.50 to … - [Coffee Prices Settle Higher on Supply Woes](https://todaymarkets.ae/coffee-prices-settle-higher-on-supply-woes/): March arabica coffee (KCH26) on Thursday closed up +1.80 (+0.48%), and January ICE robusta coffee (RMF26) closed up +115 (+2.55%). Coffee prices settled higher on Thursday, with robusta up sharply at a 2-week high.   Thursday’s dollar weakness prompted some short covering in arabica coffee, while weather concerns in Vietnam boosted robusta coffee.  Heavy rain … - [Cocoa Prices Recover as Dollar Weakness Sparks Short Covering](https://todaymarkets.ae/cocoa-prices-recover-as-dollar-weakness-sparks-short-covering/): December ICE NY cocoa (CCZ25) on Thursday closed up +165 (+3.34%), and December ICE London cocoa #7 (CAZ25) closed up +83 (+2.19%). Cocoa prices rallied sharply on Thursday as a weaker dollar sparked short covering in cocoa futures, which had become heavily oversold following the sharp selloff seen over the past two weeks.   Shrinking … - [Sugar Prices Finish Little Changed Amid Consolidation](https://todaymarkets.ae/sugar-prices-finish-little-changed-amid-consolidation/): March NY world sugar #11 (SBH26) on Thursday closed unchanged, and March London ICE white sugar #5 (SWH26) closed up +0.10 (+0.02%). Sugar prices settled little changed on Thursday as they consolidated recent gains.  On Wednesday, sugar prices rose to 3.5-week highs on positive carryover from Tuesday, when India’s food ministry said it was considering … - [Cotton Holds Mostly Steady](https://todaymarkets.ae/cotton-holds-mostly-steady/): Cotton futures ended the Thursday session with mostly contracts within 5 points of unchanged, as December was down 62 points ahead of Friday’s first notice day. Crude oil futures were down $0.17 per barrel to $59.27 on the day, with the US dollar index $0.009 higher to $100.160. Export Sales data showed 198,985 RB in … - [Eurozone Construction Output Contracts in September](https://todaymarkets.ae/eurozone-construction-output-contracts-in-september/): Eurozone construction output fell 0.3% year-over-year in September 2025, reversing an upwardly revised 1.0% growth in August and marking the steepest contraction since March, driven by a sharp drop in building activity (-4.1% vs -1.5%). Civil engineering rose 2.0%, slower than August’s 3.3% increase, while specialized construction advanced 0.9%, down from 1.9%. Among major economies, … - [Zinc Drops from 11-Month High](https://todaymarkets.ae/zinc-drops-from-11-month-high/): Zinc futures were at $3,000 per tonne in November, pulling back from the eleven-month high of $3,100 from the start of the month and tracking the broad pullback for base metals. Industrial metals with exposure to datacenter and infrastructure investments pulled back as concerns of exaggerated AI-investment pledges trimmed the outlook for the sector. Meanwhile, … - [German Bund Yields Hover Near Two-Month High](https://todaymarkets.ae/german-bund-yields-hover-near-two-month-high/): Germany’s 10-year Bund yield edged above 2.7%, holding near its highest level since late September and heading for a fifth straight weekly increase, as investors shifted toward riskier assets following upbeat earnings from AI giant Nvidia, while awaiting the delayed US jobs report for further signals on the Federal Reserve’s policy outlook. The latest Fed … - [France’s 10-Year Bond Yield Nears 3.5% Amid Risk Appetite](https://todaymarkets.ae/frances-10-year-bond-yield-nears-3-5-amid-risk-appetite/): The yield on France’s 10-year government bond climbed toward 3.5%, reaching its highest level since October 9, following European peers higher as investors turned to riskier assets like stocks after upbeat earnings from AI giant Nvidia. Market attention remains on the delayed US jobs report for further signals on the Federal Reserve’s policy path, while … - [Italy’s 10-Year BTP Yield Rises](https://todaymarkets.ae/italys-10-year-btp-yield-rises/): Italy’s 10-year BTP yield climbed to 3.46%, following European peers higher and marking its highest level since October 10, as investors favored riskier assets like stocks after strong earnings from AI giant Nvidia. Attention remains on the delayed US jobs report for guidance on the Federal Reserve’s policy outlook. The latest Fed meeting minutes also … - [German Producer Prices Drop Less than Expected](https://todaymarkets.ae/german-producer-prices-drop-less-than-expected/): Producer prices in Germany fell 1.8% year-on-year in October 2025, following a 1.7% decline in September and compared with market expectations of a 1.9% drop. This marked the eighth consecutive month of annual producer price declines. The overall decrease was primarily driven by lower energy costs, which fell 7.5%. Key contributors within the energy sector … - [US Economy Likely Added 50K Jobs in September](https://todaymarkets.ae/us-economy-likely-added-50k-jobs-in-september/): US nonfarm payrolls are expected to have risen by 50K in September 2025, up from 22K in August, reinforcing signs of a cooling labor market. The unemployment rate is projected to hold steady at 4.3%. Average hourly earnings are also expected to rise 0.3% for the month, keeping the annual rate unchanged at 4.7%. The … - [Hang Seng Closes Little Changed Amid Mixed Sector Moves](https://todaymarkets.ae/hang-seng-closes-little-changed-amid-mixed-sector-moves/): The Hang Seng ended almost flat at 25,835 on Thursday, reversing morning gains after four straight sessions of losses. Strength in financials helped offset declines in tech, property, and consumer stocks after the PBoC kept key lending rates at record lows for the sixth straight meeting, reinforcing its accommodative stance. Sentiment was mixed as media … - [DAX Snaps 5-Day Decline](https://todaymarkets.ae/dax-snaps-5-day-decline/): Germany’s DAX rose more than 1% to cross 23,400 on Thursday, after five consecutive sessions of losses, in line with other European peers. Nvidia’s better-than-expected earnings and upbeat outlook, powered by the surge in artificial intelligence, have eased fears of a tech-stock bubble and helped reinvigorate market sentiment. Meanwhile, investors are awaiting the release of … - [Economic Calendar : Delayed NFP in Focus](https://todaymarkets.ae/economic-calendar-delayed-nfp-in-focus/): The market still hasn’t fully recovered from yesterday’s excellent quarterly results from Nvidia. Meanwhile, investors are facing another round of important releases today — this time macroeconomic. Today we will receive the delayed NFP report for September. The delay was caused by the government shutdown and the suspension of work at the BLS, the institution … - [Nvidia's Perfect Earnings](https://todaymarkets.ae/nvidias-perfect-earnings/): Nvidia: near perfect earnings report sends stocks soaring Nvidia has reported Q3 results, and the numbers are huge. The company reported revenues of $57bn, net income of $31.76bn, and earnings per share is $1.30. The ‘piece de resistance’ was forward guidance. Nvidia is predicting that sales will generate revenue of $65bn plus or minus 2% … - [EUR/GBP softens below 0.8850 despite growing expectations of BoE rate cut](https://todaymarkets.ae/eur-gbp-softens-below-0-8850-despite-growing-expectations-of-boe-rate-cut/): The EUR/GBP cross loses momentum to near 0.8820 during the early European session on Thursday. Nonetheless, the potential downside for the cross might be limited, as weakening UK economic data have increased expectations for a Bank of England (BoE) interest rate cut in December. The German Producer Price Index (PPI) and Eurozone Consumer Confidence reports will be released later on Thursday.  … - [EUR/USD slides further to near 1.1500 ahead of US NFP data](https://todaymarkets.ae/eur-usd-slides-further-to-near-1-1500-ahead-of-us-nfp-data/): The EUR/USD pair extends its losing streak for the fifth trading day on Thursday. The major currency pair slides to near an almost two-week low around 1.1500 during the European trading session. The weakness in the pair is mainly contributed by the strength in the US Dollar (USD), which outperforms its peers amid receding expectations … - [GBP/JPY reaches fresh 16-month highs above 205.50](https://todaymarkets.ae/gbp-jpy-reaches-fresh-16-month-highs-above-205-50/): GBP/JPY extends its winning streak for the fourth consecutive session, reaching 205.52, the highest since July 2024, during the Asian hours on Thursday. The currency cross gains ground as the Japanese Yen (JPY) declines on the potential for Japan’s Prime Minister Sanae Takaichi to unveil a stimulus package exceeding JPY 20 trillion. Members of the … - [Gold remains on the defensive below $4,100 amid sustained USD buying, ahead of US NFP](https://todaymarkets.ae/gold-remains-on-the-defensive-below-4100-amid-sustained-usd-buying-ahead-of-us-nfp/): Gold (XAU/USD) attracts some sellers following an intraday uptick to the $4,110 area and moves away from the weekly high, touched the previous day. The US Dollar (USD) buying remains unabated amid reduced bets for another interest rate cut by the US Federal Reserve (Fed) in December, which, in turn, is seen weighing on the non-yielding yellow … - [USD/CAD flat lines above 1.4050, all eyes on US NFP data](https://todaymarkets.ae/usd-cad-flat-lines-above-1-4050-all-eyes-on-us-nfp-data/): The USD/CAD pair holds steady near 1.4060 during the early European session on Thursday. Traders brace for the upcoming US Nonfarm Payrolls (NFP) data to provide clues about the potential for an interest-rate cut next month. Meanwhile, lower crude oil prices could weigh on the commodity-linked Canadian Dollar (CAD) against the Greenback.  The US Bureau of Labor Statistics (BLS) … - [Dutch Consumer Mood Least Negative in a Year](https://todaymarkets.ae/dutch-consumer-mood-least-negative-in-a-year/): Consumer confidence in the Netherlands improved to -21 in November 2025 from -27 in October, marking the least pessimistic reading since September 2024. It was also the most significant monthly improvement in more than four years. Assessments of the economic climate were less negative, rising to -34 in November from -46 in October, supported by … - [Iron Ore Slips on Weak Fundamentals](https://todaymarkets.ae/iron-ore-slips-on-weak-fundamentals/): Iron ore futures slipped below CNY 790 per ton, pulling back from over two week highs as concerns about excess global supply and weakening demand in top consumer China weighed on prices. China is on track to import more than 100 million tons of iron ore for a sixth straight month, putting total annual imports … - [Chinese Stocks Wobble as PBOC Stands Pat](https://todaymarkets.ae/chinese-stocks-wobble-as-pboc-stands-pat/): The Shanghai Composite rose 0.2% to above 3,950 while the Shenzhen Component lost 0.15% to 13,060 on Thursday, with mainland stocks showing mixed performances after China’s central bank kept key lending rates unchanged as expected, signaling no immediate policy easing. The PBOC held its one- and five-year loan prime rates at 3% and 3.5%, respectively, … - [Japan 10Y Yield Climbs Higher on Fiscal Worries](https://todaymarkets.ae/japan-10y-yield-climbs-higher-on-fiscal-worries/): Japan’s 10-year government bond yield climbed above 1.8% on Thursday, reaching its highest levels since 2008 as investors braced for the announcement of Prime Minister Sanae Takaichi’s stimulus package, which is expected to exceed 20 trillion yen. Lawmakers from the ruling Liberal Democratic Party even proposed a supplementary budget topping 25 trillion yen to fund … - [Offshore Yuan Steady After PBOC Decision](https://todaymarkets.ae/offshore-yuan-steady-after-pboc-decision/): The offshore yuan steadied around 7.11 per dollar on Thursday, as China signaled reduced urgency for further monetary policy easing amid persistent domestic and external headwinds. The one-year Loan Prime Rate, the benchmark for most corporate and household lending, was kept unchanged at 3%, while the five-year LPR, which serves as the key reference for … - [China 10-Year Yield Falls Amid PBOC Rate Hold](https://todaymarkets.ae/china-10-year-yield-falls-amid-pboc-rate-hold/): China’s 10-year government bond yield fell to around 1.80% on Thursday, hitting a near one-week low, despite signals that the central bank is in no rush to further ease monetary policy amid persistent domestic and external headwinds. The one-year Loan Prime Rate (LPR), the benchmark for most corporate and household lending, was held steady at … - [China’s Rare Earth Exports to US Jump in October](https://todaymarkets.ae/chinas-rare-earth-exports-to-us-jump-in-october/): China’s rare earth magnet exports to the US surged 56.1% from a month earlier to 656 tons in October 2025, the highest since January, according to General Administration of Customs data released on Thursday. The US, Germany, South Korea, Vietnam, and India were the top five export destinations for China’s rare earth magnets by volume … - [AUS 10-Year Yield Hovers Near 6-Month High](https://todaymarkets.ae/aus-10-year-yield-hovers-near-6-month-high/): Australia’s 10-year government bond yield rose to 4.47%, hovering near a six-month high, as investors assessed comments from RBA Assistant Governor Sarah Hunter. Hunter emphasized that policymakers would “not be jumping at one month of data” as they consider whether the current 3.6% cash rate is restrictive enough to bring inflation back to the central … - [Cattle Collapse Lower](https://todaymarkets.ae/cattle-collapse-lower/): Live cattle futures were down $3.50 to $3.75 on Wednesday. A few cash sales in the north has been reported at $218-220 this week, with $224 in the South. The Wednesday morning Fed Cattle Exchange online auction s showed no sales on the 1,576 head offered and bids at $220-221 live and $340 dressed. Feeder … - [Wheat Posts Weakness](https://todaymarkets.ae/wheat-posts-weakness/): The wheat complex is showing weakness across the three exchanges at midday. Chicago SRW futures were 9 to 10 cents lower on Wednesday. KC HRW futures settled 10 to 11 1/4 cents in the red. MPLS spring wheat futures were down 1 to 3 cents at the close on Wednesday. Talks of a possible peace … - [Copper Finds Support on Supply Concerns](https://todaymarkets.ae/copper-finds-support-on-supply-concerns/): Copper futures stabilized around $5 per pound on Thursday, poised to finish the week little changed as ongoing supply concerns supported prices. More than 30 people were recently killed at a semi-industrial copper mine in Congo after a bridge collapse, triggering investigations into the military’s role amid reports of clashes between miners and soldiers. Freeport-McMoRan … - [Soybeans Fall with Profit Taking and Product Pressure](https://todaymarkets.ae/soybeans-fall-with-profit-taking-and-product-pressure/): Soybeans were in the red on Wednesday with front months down 15 to 17 ¼ cents at the close. The cmdtyView national average Cash Bean price was 17 cents lower at $10.63 3/4. Soymeal futures were back down $9, with Soy Oil futures 105 points lower. A Reuters report indicated the EPA may delay their 50% cut to credits on imported … - [Corn Falls Back](https://todaymarkets.ae/corn-falls-back-2/): Corn futures closed the Wednesday session under pressure, as contracts were down 7 to 8 cents across most months. The CmdtyView national average Cash Corn price was down 6 3/4 cents at $3.91 1/4. Outside markets added pressure, with crude oil down $1.15 and the dollar index up $0.606. EIA data from this morning showed a rebound … - [Palm Oil Retreats After 5-Day Winning Streak](https://todaymarkets.ae/palm-oil-retreats-after-5-day-winning-streak/): Malaysian palm oil futures dipped around 1.5% to below MYR 4,200 per tonne on Thursday, snapping a five-session advance amid weakness in rival oils on the Dalian and Chicago exchanges. Sentiment also weakened after the Malaysian Palm Oil Board set a lower crude palm oil reference price for December. In top consumer India, October palm … - [Rain Forecasts for Brazil Hammer Coffee Prices](https://todaymarkets.ae/rain-forecasts-for-brazil-hammer-coffee-prices/): March arabica coffee (KCH26) on Wednesday closed down -12.85 (-3.31%), and January ICE robusta coffee (RMF26) closed down -57 (-1.25%). Coffee prices sold off sharply on Wednesday due to the prospects for rains in Brazil, which are supportive for coffee crop development and bearish for prices.  Climatempo on Wednesday forecasted heavy showers toward the end … - [Cocoa Prices Plummet on the Outlook for Robust Global Supplies](https://todaymarkets.ae/cocoa-prices-plummet-on-the-outlook-for-robust-global-supplies/): December ICE NY cocoa (CCZ25) on Wednesday closed down -319 (-6.06%), and December ICE London cocoa #7 (CAZ25) closed down -256 (-6.32%). Cocoa prices plummeted to 1.75-year lows on the nearest-futures chart on Wednesday as European Union nations are pushing for a one-year delay to the EU’s Deforestation Regulation.  The EU regulation, known as EUDR, … - [Sugar Prices Erase Early Gains as Crude Oil Tumbles](https://todaymarkets.ae/sugar-prices-erase-early-gains-as-crude-oil-tumbles/): March NY world sugar #11 (SBH26) on Wednesday closed down -0.04 (-0.27%), and March London ICE white sugar #5 (SWH26) closed down -0.30 (-0.07%). Sugar prices fell back from 3.5-week highs on Wednesday and closed lower after a plunge in crude oil prices sparked long liquidation in sugar futures.  WTI crude oil prices (CLZ25) tumbled … - [Cotton Falls with Outside Pressure](https://todaymarkets.ae/cotton-falls-with-outside-pressure/): Cotton futures posted Wednesday losses of 27 to 61 points at the close. Crude oil futures are back down $1.15 per barrel to $59.59 on the day, with the US dollar index $0.606 higher to $100.055. August cotton exports (excluding linters) totaled 642,851 bales, which was a 10-yar low for the month, and down 31.39% … - [European Stocks Attempt to Stabilize](https://todaymarkets.ae/european-stocks-attempt-to-stabilize/): Both the STOXX 50 and the STOXX 600 hovered around the flatline on Wednesday, trading near lows not seen since the end of September but attempting to stabilise after four consecutive sessions of losses. Investor sentiment, however, remained subdued as concerns over overvaluation in AI and tech stocks persisted, with Nvidia set to report quarterly … - [Eurozone Current Account Surplus Narrows in September](https://todaymarkets.ae/eurozone-current-account-surplus-narrows-in-september/): The Eurozone current account surplus narrowed to €38.1 billion in September 2025, down from a revised €43.5 billion a year earlier, largely due to a sharp drop in the primary income surplus, which fell to €0.8 billion from €12.0 billion. At the same time, the secondary income deficit widened to €16.2 billion from €13.6 billion. … - [Rupiah Firms as BI Holds Rates](https://todaymarkets.ae/rupiah-firms-as-bi-holds-rates/): The Indonesian rupiah strengthened to around 16,700 on Wednesday afternoon, snapping six sessions of weakness after the central bank maintained its benchmark rate at 4.75%, as expected. The decision reflected confidence that inflation would stay within the 2.5±1% target range and efforts to stabilize the currency amid global uncertainty and improve policy transmission. The hold … - [Bitcoin Extends Decline](https://todaymarkets.ae/bitcoin-extends-decline/): Bitcoin fell toward $90,000 on Wednesday, hitting seven-month lows as investors continued to unload risk assets amid ongoing concerns about lofty tech valuations and growing uncertainty surrounding the Federal Reserve’s rate-cutting path. Wall Street dropped for a fourth straight session on Tuesday, with technology stocks leading losses as analysts flagged bubble concerns. Meanwhile, markets are … - [UK Gilt Yields Steady Amid Cooling Inflation](https://todaymarkets.ae/uk-gilt-yields-steady-amid-cooling-inflation/): The UK 10-year gilt yield hovered near 4.55% after fresh data confirmed a continued easing in inflation, offering some relief to the Bank of England and the UK government while strengthening Finance Minister Rachel Reeves’ position ahead of next week’s pivotal budget. Headline inflation cooled to 3.6% in October, broadly in line with expectations. The … - [U.K Inflation Boosts Chance of BOE Rate Cut](https://todaymarkets.ae/u-k-inflation-boosts-chance-of-boe-rate-cut/): UK inflation cooled as expected last month, headline inflation moderated to 3.6% from 3.8%, the core rate also dropped a notch to 3.4% from 3.5% in September, and service price inflation also moderated to 4.5%, down from 4.7%. Even though headline inflation was a touch higher than expected, this is further evidence that UK prices … - [UK Producer Prices Rise 3.6% in October](https://todaymarkets.ae/uk-producer-prices-rise-3-6-in-october/): Factory gate prices for UK-manufactured goods rose 3.6% year-on-year in October 2025, following an upwardly revised 3.5% gain in September, marking the largest increase since May 2023. Out of the ten product groups, nine made upward contributions to annual output inflation, led by food products, motor vehicles, and other transport equipment. Prices for food products … - [EUR/GBP holds positive ground above 0.8800 after UK CPI data](https://todaymarkets.ae/eur-gbp-holds-positive-ground-above-0-8800-after-uk-cpi-data/): The EUR/GBP cross gains ground to near 0.8815 during the early European session on Wednesday. The Pound Sterling (GBP) edges lower against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report. The final reading of the Harmonized Index of Consumer Prices (HICP) inflation report from the Eurozone will be published later on Wednesday. Data released by the United Kingdom’s Office for National … - [Aussie Stocks End Lower as Banks Drag](https://todaymarkets.ae/aussie-stocks-end-lower-as-banks-drag/): The S&P/ASX 200 fell 0.3% to finish at 8,448 on Wednesday, hitting its lowest level since early June, as losses in banks outweighed gains in mining stocks. Financials led the decline, dropping 1.2% to a six-month low amid margin pressure, competition, and rising costs. All of the “Big Four” banks traded lower, though the pullback … - [Iron Ore Hits Over 2-Week High](https://todaymarkets.ae/iron-ore-hits-over-2-week-high/): Iron ore futures climbed above CNY 790 per ton, reaching an over two week high amid firm demand from steel mills and signs of tightening supplies in China. Steel producers stepped up iron ore purchases as inventories thinned, even while facing squeezed margins and softer steel prices. Steel demand in China’s non property sectors continues … - [GBP/USD Ticks Lower After Mixed U.K CPI Print](https://todaymarkets.ae/gbp-usd-ticks-lower-after-mixed-u-k-cpi-print/): UK CPI (M/M) Oct: 0.4% (0.4%; prev 0.0%) – CPI (Y/Y): 3.6% (est 3.5%; prev 3.8%) – CPI Core (Y/Y): 3.4% (est 3.4%; prev 3.5%) – CPI Services (Y/Y): 4.5% (est 4.6%; prev 4.7%) – CPIH (Y/Y): 3.8% (est 3.8%; prev 4.1%) The slowing in the CPIH rate into October 2025 reflected downward contributions from … - [Economic Calendar - Nvidia And Fed Minutes in The Spotlight](https://todaymarkets.ae/economic-calendar-nvidia-and-fed-minutes-in-the-spotlight/): Wednesday’s session on international financial markets may prove crucial in determining the overall market sentiment for the rest of the week, and perhaps even longer, given that today we will see Nvidia’s quarterly report and the FOMC minutes from the last meeting on interest rates. At a time when the stock market is dominated by … - [WTI drifts lower to near $60.50 as US crude inventories rise, sanction risks in focus](https://todaymarkets.ae/wti-drifts-lower-to-near-60-50-as-us-crude-inventories-rise-sanction-risks-in-focus/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.50 during the Asian trading hours on Tuesday. The WTI edges lower amid a rise in US crude inventories. Traders brace for the release of the US Energy Information Administration (EIA) crude oil stockpiles report later on Wednesday.  Data released by the American Petroleum Institute (API) on Tuesday showed … - [Cattle Ease Lower ](https://todaymarkets.ae/cattle-ease-lower/): Live cattle futures saw weakness into the Tuesday close, down 50 cents to $1.25. Cash trade has yet to be reported this week, with last week at $225-227 across the country, with a few at $228 in the South. Some late Northern sales were $218-222. Feeder cattle futures were mixed on Tuesday, with contracts mostly … - [Wheat Mixed, with Spring Wheat Leading Higher](https://todaymarkets.ae/wheat-mixed-with-spring-wheat-leading-higher/): The wheat complex closed Tuesday with mixed action across the three exchanges. Chicago SRW futures saw slight gains, fractionally to 2 ¼ cents higher. KC HRW futures were down 1 to 3 cents at the close. MPLS spring wheat futures were up 6 to 9 cents in the nearby contracts to lead the bulls.  USDA … - [Sugar Prices Weighed Down by the Prospects of Ample Global Supplies](https://todaymarkets.ae/sugar-prices-weighed-down-by-the-prospects-of-ample-global-supplies/): March NY world sugar #11 (SBH26) on Tuesday closed down -0.10 (-0.68%), and March London ICE white sugar #5 (SWH26) closed up +2.10 (+0.50%). Sugar prices settled mixed on Tuesday.  Prices have a negative carryover from Monday when the International Sugar Organization (ISO) forecast a 1.625 million MT sugar surplus in 2025-26, following a 2.916 … - [Coffee Prices Sharply Higher as US Tariffs Curb Brazil Coffee Exports](https://todaymarkets.ae/coffee-prices-sharply-higher-as-us-tariffs-curb-brazil-coffee-exports/): December arabica coffee (KCZ25) on Tuesday closed up +12.80 (+3.18%), and January ICE robusta coffee (RMF26) closed up +90 (+2.01%). Coffee prices settled sharply higher on Tuesday, as Brazilian coffee remains subject to substantial US tariffs.  The Trump administration announced last Friday that it dropped tariffs on commodities not grown in the US, including coffee, … - [Cocoa Prices Pressured by an Improving Supply Outlook](https://todaymarkets.ae/cocoa-prices-pressured-by-an-improving-supply-outlook/): December ICE NY cocoa (CCZ25) on Tuesday closed down -2 (-0.04%), and December ICE London cocoa #7 (CAZ25) closed up +40 (+1.00%). Cocoa prices on Tuesday tumbled to 1.75-year nearest-futures lows amid expectations of a bumper cocoa crop in West Africa.  Reports from Ivory Coast cocoa farmers stated that cocoa trees are doing well, and … - [EUR/USD stays silent below 1.1600 as Fed rate cut bets recede](https://todaymarkets.ae/eur-usd-stays-silent-below-1-1600-as-fed-rate-cut-bets-recede/): EUR/USD moves little after three days of losses, trading around 1.1580 during the Asian hours on Wednesday. The pair may further lose ground as the US Dollar (USD) gains amid declining US Federal Reserve (Fed) rate cut bets for December. The highly anticipated September Nonfarm Payrolls data are scheduled to be released on Thursday. The CME FedWatch … - [GBP/USD loses ground below 1.3150 ahead of UK CPI data](https://todaymarkets.ae/gbp-usd-loses-ground-below-1-3150-ahead-of-uk-cpi-data/): GBP/USD remains subdued for the fourth consecutive session, trading around 1.3130 during the Asian hours on Wednesday. Traders await the United Kingdom (UK) Consumer Price Index (CPI), PPI Core Output, and Retail Price Index data for October due later in the day. Any moderation in UK price pressures, combined with a softening labor market and … - [NZD/USD tumbles below 0.5650 on RBNZ rate cut bets](https://todaymarkets.ae/nzd-usd-tumbles-below-0-5650-on-rbnz-rate-cut-bets/): The NZD/USD pair remains on the defensive near 0.5630 during the early European session on Wednesday. Expectations of an imminent interest rate cut from the Reserve Bank of New Zealand (RBNZ) exert some selling pressure on the New Zealand Dollar (NZD) against the Greenback. The FOMC Minutes will be in the spotlight later on Wednesday.  New Zealand’s Unemployment … - [Gold moves closer to $4,100 amid flight to safety, focus remains on FOMC minutes](https://todaymarkets.ae/gold-moves-closer-to-4100-amid-flight-to-safety-focus-remains-on-fomc-minutes/): Gold (XAU/USD) is seen building on the previous day’s recovery from levels just below the $4,000 psychological mark, or a one-and-a-half-week low, and gaining positive traction for the second straight day on Wednesday. The global risk sentiment remains fragile amid concerns about the US economy, which keeps the US Dollar (USD) depressed below a one-week high … - [USD/CHF stands firm near 0.8000; await break through 50-day SMA ahead of FOMC minutes](https://todaymarkets.ae/usd-chf-stands-firm-near-0-8000-await-break-through-50-day-sma-ahead-of-fomc-minutes/): The USD/CHF pair prolongs its recent recovery from the 0.7880-0.7875 region, or a nearly one-month low touched last week, for the fourth straight day and climbs to an over one-week high during the Asian session on Wednesday. Spot prices currently trade around the 0.8000 psychological mark, with bulls looking to build on the momentum further … - [Japanese Yen sticks to modest gains amid safe-haven flow; lacks follow-through](https://todaymarkets.ae/japanese-yen-sticks-to-modest-gains-amid-safe-haven-flow-lacks-follow-through/): The Japanese Yen (JPY) sticks to modest intraday recovery gains against a softer US Dollar (USD), though it lacks follow-through and remains close to a nine-month low touched the previous day. Concerns about the US economy keep the USD bulls on the defensive and weigh on investors’ sentiment, which, in turn, is seen as a … - [Hong Kong Stock Market Stabilizes](https://todaymarkets.ae/hong-kong-stock-market-stabilizes/): Hong Kong shares were little changed, hovering around 25,940 in early Wednesday trade, following three straight sessions of losses. Gains in tech and consumer stocks helped offset weakness in financials and property, though markets hovered near a two-week low ahead of October inflation data in the city, which has remained steady since July. Meanwhile, the … - [China Stocks Halt 3-Day Slide](https://todaymarkets.ae/china-stocks-halt-3-day-slide/): The Shanghai Composite rose 0.2% to around 3,950, while the Shenzhen Component gained 0.4% to 13,130 on Wednesday, ending a three-day slide as sentiment stabilized and investors looked for fresh market catalysts. Tech and new energy stocks rebounded, with notable gains from Zhongji Innolight (3.6%), Beijing Teamsun (1.5%), Tianqi Lithium (5.2%), Do-Fluoride New Materials (1.4%) … - [Japan 10-Year Yield Hits Fresh 17-Year High](https://todaymarkets.ae/japan-10-year-yield-hits-fresh-17-year-high-2/): Japan’s 10-year government bond yield climbed above 1.77% on Wednesday, marking a fresh 17-year high ahead of a crucial debt auction that could indicate investor demand amid rising fiscal concerns. The Ministry of Finance plans to auction around 800 billion yen in 20-year JGBs. On Tuesday, the government proposed a supplementary budget exceeding 25 trillion … - [Silver Rises on Safe-Haven Demand](https://todaymarkets.ae/silver-rises-on-safe-haven-demand/): Silver rose toward $51 per ounce on Wednesday, moving away from one-week lows as a selloff in risk assets, including tech stocks and cryptocurrencies, lifted safe-haven demand for precious metals. Signs of a weakening US labor market also supported expectations for further Federal Reserve rate cuts, with Fed Governor Christopher Waller noting increased discussions of … - [AUS 10-Year Yield Edges Lower](https://todaymarkets.ae/aus-10-year-yield-edges-lower/): Australia’s 10-year government bond yield slipped to 4.42%, extending its decline from the previous session even after the Reserve Bank signalled a cautious policy outlook. Minutes from the RBA’s latest meeting showed that policymakers would only consider cutting interest rates if the labour market materially weakens. While the board noted that current monetary settings remain … - [Palm Oil Sustains Upside Momentum](https://todaymarkets.ae/palm-oil-sustains-upside-momentum/): Malaysian palm oil futures traded above MYR 4,200 per tonne on Wednesday, rising for a fifth straight session amid stronger rival oils on the Dalian and Chicago exchanges. Prices continued to rebound from last week’s four-month low, lifted by data from Statistics Malaysia showing palm oil exports jumped 23.8% yoy in October. Expectations for firmer … - [New Zealand Shares Slip to Near 4-Week Low](https://todaymarkets.ae/new-zealand-shares-slip-to-near-4-week-low/): New Zealand’s benchmark S&P/NZX 50 index edged 0.1% lower to close at 13,327 on Wednesday, extending losses from the previous session to reach its lowest level in nearly four weeks. The local market mirrored cautious sentiment seen across most Asian equities, as concerns over tech valuations persisted ahead of an earnings update from AI bellwether … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-10/): The USD/JPY is currently trading around 155.40. Today’s movements remain clearly influenced by fundamental factors, with the balance of power between Japan and the United States still favoring the dollar. Despite the deterioration in global sentiment, markets are not turning to the yen, highlighting its structural weakness caused by the BOJ’s policy and the wide interest … - [Nvidia Results Preview: what to expect and can they save the AI trade?](https://todaymarkets.ae/nvidia-results-preview-what-to-expect-and-can-they-save-the-ai-trade/): This Wednesday, Nvidia will report results for last quarter. Analysts are expecting an extraordinary set of results. Revenues for last quarter are expected to surge to $55.19bn, 57% higher than a year ago. Net income is expected to come in at $30.85bn, a 55% increase compared to a year ago. Analysts have upgraded their forecasts … - [Imperial Brands (IMB.UK) reported solid results](https://todaymarkets.ae/imperial-brands-imb-uk-reported-solid-results/): Imperial Brands (IMB.UK) reported solid results for the financial year, achieving adjusted operating profit of £3.99 billion, up 2% year-on-year and slightly exceeding the analyst consensus of £3.98 billion. The company forecasts further growth in adjusted operating profit of 3% to 5% for 2026. The tobacco and NGP (Next Generation Products) segment reported a 2.2% increase … - [Market Sentiment Declines, Will The Sell-off Continue](https://todaymarkets.ae/market-sentiment-declines-will-the-sell-off-continue/): Stocks are a sea of red on Tuesday morning, as the sell off deepens. European indices are experiencing hefty losses so far, the Eurostoxx index is lower by more than 1% and the FTSE 100 by more than 0.8%, as cyclical sectors like consumer discretionary, industrials and financials also take a hit. Safe havens falter … - [Let The AI Battle Commence - Huawei v Nvidia](https://todaymarkets.ae/12042-2/): Huawei has announced groundbreaking AI software that could double the efficiency of its Ascend chips. This is a significant step in the context of export restrictions to China and geopolitical tensions, as it allows the Chinese manufacturer to maximize the use of its available hardware resources. The “software-first” strategy enables Huawei to scale existing chips … - [Economic Calendar - U.S. Economy in Focus](https://todaymarkets.ae/economic-calendar-u-s-economy-in-focus/): Tuesday brings a moderate number of macroeconomic releases, including a few delayed data from the US, postponed due to the prolonged government shutdown. Although these relate to previous months, their readings still provide valuable insights into the health of the US economy and may influence market sentiment. Markets will closely monitor both the latest signals … - [WTI retreats to near $59.50 on oversupply forecasts, sanctions could limit downside](https://todaymarkets.ae/wti-retreats-to-near-59-50-on-oversupply-forecasts-sanctions-could-limit-downside/): West Texas Intermediate (WTI) Oil price stalls its three-day rally, slipping to around $59.60 per barrel during Asian hours on Tuesday. Prices softened amid renewed concerns about oversupply after an ING report projected a significant market surplus through 2026. Goldman Sachs also echoed this view on Monday, noting that a production surge could maintain a … - [XAG/USD falls to near $49.50 as Fed rate cut likelihood fades](https://todaymarkets.ae/xag-usd-falls-to-near-49-50-as-fed-rate-cut-likelihood-fades/): Silver price (XAG/USD) continues its losing streak for the fourth successive session, trading around $49.50 per troy ounce during the Asian hours on Tuesday. The non-interest-bearing Silver struggles amid declining US Federal Reserve (Fed) rate cut bets for December. Traders will closely monitor Thursday’s September jobs report for signals on US economic health, while Wednesday’s release of the … - [GBP/USD remains subdued around 1.3150 as UK Chancellor Reeves abandons tax rises](https://todaymarkets.ae/gbp-usd-remains-subdued-around-1-3150-as-uk-chancellor-reeves-abandons-tax-rises/): GBP/USD remains subdued for the third successive session, trading around 1.3150 during the Asian hours on Tuesday. The pair struggles as the Pound Sterling (GBP) comes under strain after the United Kingdom (UK) Chancellor of the Exchequer Rachel Reeves abandoned planned income-tax rises. The decision has raised questions about the UK’s fiscal outlook, despite the Office … - [USD/INR opens flat despite improving US-India trade deal hopes](https://todaymarkets.ae/usd-inr-opens-flat-despite-improving-us-india-trade-deal-hopes/): The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Tuesday. The USD/INR pair continues to trade in a tight range around 88.85, with investors remaining on the sidelines as the United States (US) and India have still not reached a trade deal, despite having negotiations from a long period. The US … - [Japanese Yen recovers from nine-month low against USD amid intervention fears](https://todaymarkets.ae/japanese-yen-recovers-from-nine-month-low-against-usd-amid-intervention-fears/): The Japanese Yen (JPY) stages an intraday recovery from the lowest level since early February, touched against its American counterpart during the Asian session on Tuesday, though it lacks follow-through buying or bullish conviction. The recent fall in the JPY prompted some verbal intervention from Japan’s Finance Minister Satsuki Katayama. This, along with the prevalent … - [Gold remains depressed near one-week low; bears await break below $4,000](https://todaymarkets.ae/gold-remains-depressed-near-one-week-low-bears-await-break-below-4000/): Gold (XAU/USD) prolongs its downtrend for the fourth straight day and drops to an over one-week low on Tuesday, though it manages to defend the $4,000 psychological mark through the Asian session. Traders have been scaling back their bets for another interest rate cut by the US Federal Reserve (Fed) in December, which, in turn, is seen … - [EUR/USD Holds retracement near 1.1600 from immediate highs](https://todaymarkets.ae/eur-usd-holds-retracement-near-1-1600-from-immediate-highs/): The EUR/USD pair trades calmly near 1.1600 during the late Asian trading session on Tuesday, following the corrective move from an over two-week high of 1.1656. The major currency pair strives to regain strength as the US Dollar (USD) struggles to extend two-day recovery move, with investors turning cautious ahead of the United States (US) Nonfarm … - [USD/CHF falls to near 0.7950 due to US-Swiss tariff deal, SNB steady](https://todaymarkets.ae/usd-chf-falls-to-near-0-7950-due-to-us-swiss-tariff-deal-snb-steady/): USD/CHF retraces its recent gains registered in the previous session, trading around 0.7950 during the Asian hours on Tuesday. The Swiss Franc (CHF) gains against the US Dollar (USD) after Switzerland secured a deal to lower US tariffs to 15%, a significant drop from the 39% rate applied during the Trump administration. The development offers … - [EUR/GBP trades flat near 0.8800 amid BoE rate cut speculation](https://todaymarkets.ae/eur-gbp-trades-flat-near-0-8800-amid-boe-rate-cut-speculation/): The EUR/GBP cross flat lines near 0.8810 during the early European session on Tuesday. Nonetheless, recent weak UK Gross Domestic Product (GDP) data has pressured the Bank of England (BoE) to potentially cut rates, which might drag the Pound Sterling (GBP) lower against the Euro (EUR). The UK Consumer Price Index (CPI) and Producer Price Index (PPI) reports will be the … - [Australian Dollar pares losses as US Dollar declines on market caution](https://todaymarkets.ae/australian-dollar-pares-losses-as-us-dollar-declines-on-market-caution/): The Australian Dollar (AUD) recovers its intraday losses but remains in the negative territory against the US Dollar (USD) on Tuesday after registering losses in the previous session. The AUD/USD pair remained subdued after the Reserve Bank of Australia (RBA) published the Minutes of its November monetary policy meeting. The RBA Meeting Minutes showed that board members … - [Coffee Prices See Support as Substantial Tariffs Remain on Brazilian Coffee](https://todaymarkets.ae/coffee-prices-see-support-as-substantial-tariffs-remain-on-brazilian-coffee/): December arabica coffee (KCZ25) on Monday closed up +2.75 (+0.69%), and January ICE robusta coffee (RMF26) closed up +260 (+6.16%). Coffee prices saw support on Monday after Brazilian coffee is apparently still subject to substantial US tariffs.  The Trump administration announced last Friday that it dropped tariffs on commodities not grown in the US, including … - [Cocoa Prices Undercut by US Tariff Cut](https://todaymarkets.ae/cocoa-prices-undercut-by-us-tariff-cut/): December ICE NY cocoa (CCZ25) on Monday closed down -23 (-0.44%), and December ICE London cocoa #7 (CAZ25) closed down -60 (-1.47%). Cocoa prices fell after the Trump administration announced last Friday that it dropped the 10% reciprocal tariffs on commodities not grown in the US, including cocoa.  However, US imports of cocoa from Brazil … - [Sugar Prices Fall on ISO's Forecast for a Sugar Surplus](https://todaymarkets.ae/sugar-prices-fall-on-isos-forecast-for-a-sugar-surplus/): March NY world sugar #11 (SBH26) on Monday closed down -0.16 (-1.07%), and March London ICE white sugar #5 (SWH26) closed down -7.70 (-1.81%). Sugar prices fell after the International Sugar Organization (ISO) on Monday forecast a 1.625 million MT surplus in 2025-26, following a 2.916 million MT deficit in 2024-25.  ISO said the surplus … - [Palm Oil Extends Strength](https://todaymarkets.ae/palm-oil-extends-strength/): Malaysian palm oil futures held above MYR 4,150 per tonne on Tuesday, sustaining gains from the prior session and rebounding from a four-month low hit last week. A weaker ringgit supported sentiment, while firmer Dalian oils provided further lift after Reuters said that China’s state-owned trader COFCO purchased at least 14 cargoes of U.S. soybeans … - [Sensex Ends Six-Day Winning Streak](https://todaymarkets.ae/sensex-ends-six-day-winning-streak/): Equities in India fell 318 points, or 0.4%, to 84,633 in morning trade on Tuesday, halting gains from the previous six sessions, as traders remained cautious ahead of the release of key US economic data that could influence the Federal Reserve’s monetary policy decision next month. The BSE Sensex followed Wall Street’s decline overnight ahead … - [Treasury Yields Decline](https://todaymarkets.ae/treasury-yields-decline/): The yield on the US 10-year Treasury note fell to 4.12% on Tuesday, as traders awaited delayed economic data releases, including the closely watched jobs report due later this week. These updates are expected to provide a clearer picture of the US economy and the likely path of Federal Reserve interest rates. In recent weeks, … - [India’s Shipments to US Slide 8.6% in October](https://todaymarkets.ae/indias-shipments-to-us-slide-8-6-in-october/): India’s goods exports to the US dropped 8.6% year-on-year to USD 6.3 billion in October 2025, following a 12% fall in the previous month, owing to US President Donald Trump’s steep 50% tariffs that took effect in August, the Indian Express reported, citing official data released on Monday. The 50% tariff package comprises a 25% … - [Japan 10Y Yield Approaches 2007 Highs](https://todaymarkets.ae/japan-10y-yield-approaches-2007-highs/): Japan’s 10-year government bond yield climbed above 1.75%, nearing levels last seen in 2007, as investors weighed the impact of potential large-scale fiscal stimulus under Prime Minister Sanae Takaichi. Her first stimulus package could reach 17 trillion yen or more, exceeding last year’s 13.9 trillion yen, raising concerns about Japan’s already high public debt. Additionally, … - [Bitcoin Slides Further](https://todaymarkets.ae/bitcoin-slides-further/): Bitcoin fell nearly 2% to around $90K, deepening a month-long selloff that has erased all its year-to-date gains and pushed it to its lowest level in six months. The total crypto market capitalization has fallen at least 30% since hitting a record on October 6, extending losses from an early-October selloff that triggered over $19 … - [China Stocks on 3-Session Decline](https://todaymarkets.ae/china-stocks-on-3-session-decline/): The Shanghai Composite fell 0.3% to 3,958, while the Shenzhen Component dropped 0.5% to around 13,140 on Monday, marking a third consecutive session of losses as investor sentiment remained sour amid ongoing geopolitical tensions between China and Japan. In its latest development, Tokyo has sought to de-escalate a growing dispute with Beijing over Taiwan, which … - [AUS 10-Year Yield Hovers at Six-Month High](https://todaymarkets.ae/aus-10-year-yield-hovers-at-six-month-high/): Australia’s 10-year government bond yield hovered around 4.46%, holding a six-month high, after RBA minutes signalled a cautious policy outlook. Policymakers said rate cuts would be considered only if the labour market materially weakens and noted that while current settings remain “a little restrictive,” this may no longer be the case, limiting the scope for … - [Nat-Gas Prices Plunge on Ample Supplies and Warm US Temps](https://todaymarkets.ae/nat-gas-prices-plunge-on-ample-supplies-and-warm-us-temps/): February Nymex natural gas (NGG26) on Wednesday closed down -0.286 (-7.20%), Feb nat-gas sold off sharply to a 2-month nearest-futures low on Wednesday after weekly storage levels fell less than expected.  The EIA reported Wednesday that nat-gas inventories fell -38 bcf for the week ended December 26, a smaller draw than expectations of -51 bcf. … - [Crude Prices Fall on Abundant Supplies and Dollar Strength](https://todaymarkets.ae/crude-prices-fall-on-abundant-supplies-and-dollar-strength/): February WTI crude oil (CLG26) on Wednesday closed down -0.53 (-0.91%), and February RBOB gasoline (RBG26) closed down -0.0180 (-1.04%). Crude oil and gasoline prices gave up an early advance and retreated on Wednesday on a mostly bearish weekly EIA inventory report.  Also, Wednesday’s rally in the dollar index (DXY00) to a 1-week high was … - [Soybeans Collapse into the End of the Year](https://todaymarkets.ae/soybeans-collapse-into-the-end-of-the-year/): Soybeans fell to pressure on the New Years Eve session, with contracts down 13 to 16 cents at the close. There were 1,062 deliveries issued against January beans on FND.  The cmdtyView national average Cash Bean price as 15 ¼ cents lower at $9.64 3/4. Soymeal futures were $1.50 to $2.90/ton lower, with Soy Oil futures down 77 to 88 points … - [Corn Slips into the 2025 Close](https://todaymarkets.ae/corn-slips-into-the-2025-close/): Corn futures closed the Wednesday session with steady to fractionally lower trade to wind down 2025. The CmdtyView national average Cash Corn price was down another 1 ½ cents at $3.96 1/4. The market will be closed on Thursday for New Years Day, with a hard open at 8:30 am CST on Friday.  Commitment of Traders data … - [Year-End Short Covering Boosts Sugar Prices](https://todaymarkets.ae/year-end-short-covering-boosts-sugar-prices/): March NY world sugar #11 (SBH26) on Wednesday closed up +0.17 (+1.15%).  March London ICE white sugar #5 (SWH26) closed up +1.50 (+0.35%). Sugar prices recovered from 1-week lows on Wednesday and settled higher on some year-end fund short covering.   Sugar prices initially fell on Wednesday after the dollar index (DXY00) rose to a … - [Arabica Coffee Gives Up Early Gains as the Dollar Rallies](https://todaymarkets.ae/arabica-coffee-gives-up-early-gains-as-the-dollar-rallies/): March arabica coffee (KCH26) on Wednesday closed down -1.45 (-0.41%).  March ICE robusta coffee (RMH26) closed up +4 (+0.10%). Coffee prices on Wednesday gave up an early advance and settled mixed, with robusta posting a 2.5-week high.  Coffee prices fell back from their best levels on Wednesday, with arabica falling into negative territory after the … - [Cocoa Prices Settle Slightly Higher on Consolidation](https://todaymarkets.ae/cocoa-prices-settle-slightly-higher-on-consolidation/): March ICE NY cocoa (CCH26) on Wednesday closed up +2 (+0.03%).  March ICE London cocoa #7 (CAH26) closed up +11 (+0.25%). Cocoa prices settled slightly higher on Wednesday, consolidating below Monday’s 2-week highs.  London cocoa posted bigger gains on Wednesday after the British pound (^GBPUSD) fell to a 1-week low, boosting cocoa priced in sterling. … - [FTSE100 at New High](https://todaymarkets.ae/ftse100-at-new-high/): UK FTSE100 index hit historic high yesterday, driven by mining and metals sectors and aerospace & defense.  London stocks are slightly lower today, with the FTSE 100 expected to give back a small portion of its strong year-to-date run after hitting fresh records on Tuesday 30 December. The rally in 2025 has been powerful. The FTSE 100 is … - [Investors trim US equity exposure into year-end – BNY](https://todaymarkets.ae/investors-trim-us-equity-exposure-into-year-end-bny/): Despite improving risk appetite into year-end, investors have used the rebound to scale back exposure to previously top-performing equity markets, with US portfolio weightings falling notably from early-year peaks, BNY’s economists report. Emerging markets gain share “Despite the general recovery in risk appetite toward year end, our data indicate that investors have used the recovery … - [USD still overvalued against all of the other currencies – Société Générale](https://todaymarkets.ae/usd-still-overvalued-against-all-of-the-other-currencies-societe-generale/): Despite notable gains across major currencies this year, purchasing power parity measures show the US Dollar (USD) remains overvalued versus its peers, with limited upside for Euro (EUR) and growing downside risks emerging most clearly in GBP/AUD as relative rate support erodes heading into 2026, Société Générale’s FX Kit Juckes analyst notes. Broad FX gains … - [USD/JPY rises to near 156.60 as US Dollar Index refreshes weekly high](https://todaymarkets.ae/usd-jpy-rises-to-near-156-60-as-us-dollar-index-refreshes-weekly-high/): The USD/JPY pair trades 0.2% higher to near 156.60 during the late Asian trading session on Wednesday. The pair gains as the US Dollar (USD) trades higher, following the release of the Federal Open Market Committee (FOMC) minutes of the December policy meeting showed on Tuesday. At the press time, the US Dollar Index (DXY), … - [GBP/USD Price Tests 1.3450 support after moving below nine-day EMA](https://todaymarkets.ae/gbp-usd-price-tests-1-3450-support-after-moving-below-nine-day-ema/): GBP/USD remains subdued for the second consecutive day, trading around 1.3460 during the Asian hours on Wednesday. The technical analysis of the daily chart indicates a weakening of a bullish bias as the pair is positioned slightly below the lower boundary of the ascending channel pattern. The nine-day Exponential Moving Average (EMA) trends above the … - [EUR/JPY Holds steady with bullish momentum, resistance above 185.00 eyed](https://todaymarkets.ae/eur-jpy-holds-steady-with-bullish-momentum-resistance-above-185-00-eyed/): The EUR/JPY cross trades on a flat note near 183.80 during the early European session on Wednesday. Earlier this week, the Bank of Japan’s (BoJ) December meeting “Summary of Opinions” showed several board members advocating for a continued tightening path and additional rate hikes in 2026. The Japanese Yen (JPY) initially strengthened against the Euro (EUR) following the report. … - [EUR/GBP softens below 0.8750 as BoE hints at a slower pace for future cuts](https://todaymarkets.ae/eur-gbp-softens-below-0-8750-as-boe-hints-at-a-slower-pace-for-future-cuts/): The EUR/GBP cross softens to around 0.8720 during the early European session on Wednesday. A cautious tone surrounding the Bank of England’s (BoE) policy outlook could provide some support to the Pound Sterling (GBP) against the Euro (EUR). Trading volumes are expected to remain thin ahead of the New Year holidays. The UK central bank reduced interest rates from 4.0% … - [USD/CHF rises toward 0.7950 as FOMC Minutes signal pause in rate cuts](https://todaymarkets.ae/usd-chf-rises-toward-0-7950-as-fomc-minutes-signal-pause-in-rate-cuts/): USD/CHF extends its winning streak for the fourth consecutive day, trading around 0.7930 during the early European hours on Wednesday. The pair appreciates as the US Dollar continues to gain ground after the release of the Federal Open Market Committee (FOMC) December Meeting Minutes on Tuesday. FOMC Minutes indicated a deeply divided committee, with most … - [Chart of The Day - Silver.XAG](https://todaymarkets.ae/chart-of-the-day-silver-xag/): Silver is falling again after yesterday’s brief rebound. The price is currently down 5.30% to 72.130 USD, testing both the 23.6% Fibonacci retracement of the latest upward move and the 50-period SMA on the H4 interval. The pullback is a continuation of Monday’s sell-off linked to higher margin requirements — the increase in the maintenance … - [Copper Retreats Amid Year-End Profit-Taking](https://todaymarkets.ae/copper-retreats-amid-year-end-profit-taking/): Copper futures fell more than 1% to around $5.7 per pound in the final session of the year, as investors participated in year-end profit taking following a strong rally. Despite the pullback, copper is on track to post its largest annual gain since 2009, emerging as the top-performing base metal. The metal has benefited from … - [US Futures Slip, Stocks Still Poised for Strong 2025 Close](https://todaymarkets.ae/us-futures-slip-stocks-still-poised-for-strong-2025-close/): US stock futures fell slightly on Wednesday after Wall Street indexes slipped for a third straight session on Tuesday, as investors rotated out of big tech. Sentiment was rattled by the Federal Reserve’s December meeting minutes, which revealed divisions over the recent rate cut, with some officials favoring holding rates steady “for some time” amid … - [Economic Calendar - Initial Jobless Claims in Focus](https://todaymarkets.ae/economic-calendar-initial-jobless-claims-in-focus/): Today’s macroeconomic calendar is very light due to the ongoing post-holiday period. However, there are two publications worth noting. The first will be the weekly jobless claims report. Its release has been moved forward from tomorrow due to the public holiday. The second notable publication will be the EIA crude oil inventories report. Nevertheless, volatility … - [Nat-Gas Prices Give Up Early Gains as US Weather Forecasts Warm](https://todaymarkets.ae/nat-gas-prices-give-up-early-gains-as-us-weather-forecasts-warm/): February Nymex natural gas (NGG26) on Tuesday closed down -0.014 (-0.35%), Feb nat-gas on Tuesday gave up an early advance and settled lower after forecasts for warmer US weather signaled reduced heating demand for nat-gas and sparked long liquidation in nat-gas futures.  Forecaster Atmospheric G2 said Tuesday that forecasts shifted warmer over much of the … - [Wheat Falls](https://todaymarkets.ae/wheat-falls/): The wheat market closed with losses across all three exchanges on Tuesday. Chicago SRW futures were 2 to 3 cents lower at the close. KC HRW futures were down 5 to 6 cents on Tuesday. MPLS spring wheat was fractionally lower on the day. The market will be closed on Thursday for New Years Day, … - [Soybean contracts were down fractionally to 3 1/4 cents](https://todaymarkets.ae/soybean-contracts-were-down-fractionally-to-3-1-4-cents/): Soybeans closed Tuesday with weakness, as contracts were down fractionally to 3 1/4 cents. The cmdtyView national average Cash Bean price was 3/4 cent lower at $9.80. Soymeal futures were steady to $2.10/ton lower, with Soy Oil futures up 7 to 15 points on the day. USDA reported a private export sale of 136,000 MT of soybeans to China this morning, … - [Corn Weakness Extends](https://todaymarkets.ae/corn-weakness-extends/): Corn futures slid into the Tuesday close, with contracts down 1 to 3 cents across most front months. The CmdtyView national average Cash Corn price was down another penny at $3.98 3/4.  USDA will release their Export Sales report on Wednesday morning. The market will be closed on Thursday for New Years Day, with a hard open … - [Arabica Coffee Erases Early Gains on Dollar Strength](https://todaymarkets.ae/arabica-coffee-erases-early-gains-on-dollar-strength/): March arabica coffee (KCH26) on Tuesday closed down -1.95 (-0.55%).  March ICE robusta coffee (RMH26) closed up +62 (+1.57%). Coffee prices on Tuesday climbed to 2-week highs, but fell back from their best levels and settled mixed with arabica coffee falling into negative territory.  Tuesday’s rally in the dollar index (DXY00) to a 1-week high … - [Cocoa Prices Retreat on Long Liquidation Pressures](https://todaymarkets.ae/cocoa-prices-retreat-on-long-liquidation-pressures/): March ICE NY cocoa (CCH26) on Tuesday closed down -179 (-2.87%).  March ICE London cocoa #7 (CAH26) closed down -126 (-2.80%). Cocoa prices retreated on Tuesday, giving back some of Monday’s sharp gains.  Tuesday’s rally in the dollar index (DXY00) to a 1-week high spurred long liquidation pressures in cocoa futures.   On Monday, cocoa … - [Dollar Strength Weighs on Sugar Prices](https://todaymarkets.ae/dollar-strength-weighs-on-sugar-prices-2/): March NY world sugar #11 (SBH26) on Tuesday closed down -0.42 (-2.75%).  March London ICE white sugar #5 (SWH26) closed down -8.60 (-1.98%). Sugar prices slid to 1-week lows on Tuesday and settled sharply lower.  Tuesday’s rally in the dollar index (DXY00) to a 1-week high pressured most commodity prices, including sugar. On Monday, NY … - [Cotton Closes Mixed, with Steady Trade](https://todaymarkets.ae/cotton-closes-mixed-with-steady-trade/): Cotton futures slipped back on Tuesday, with contracts closing within 5 points of unchanged. Crude oil futures were down 13 cents per barrel at $57.95. The US dollar index was up $0.188 at $97.920.  The Seam’s online auction showed sales of 23,018 bales on December 29 at an average price of 59.79 cents/lb. The Cotlook … - [Can the S&P 500 Bull Market Last Through 2026?](https://todaymarkets.ae/can-the-sp-500-bull-market-last-through-2026/) - [S&P 500’s Historic 3-Year Rally Enters 2026](https://todaymarkets.ae/sp-500s-historic-3-year-rally-enters-2026/) - [China’s Factory Activity Unexpectedly Grows](https://todaymarkets.ae/chinas-factory-activity-unexpectedly-grows/): The RatingDog China General Manufacturing PMI unexpectedly increased to 50.1 in December 2025 from November’s four-month low of 49.9, beating market forecasts of 49.8. The latest reading indicated a slight increase in factory activity, supported by higher inflows of new work despite a modest decline in new export sales. However, the improvement in demand was … - [Offshore Yuan Poised for Biggest Annual Gain Since 2020](https://todaymarkets.ae/offshore-yuan-poised-for-biggest-annual-gain-since-2020/): The offshore yuan appreciated past 6.98 per dollar on Wednesday, remaining near the fifteen-month high reached in the previous session and on track for its biggest annual gain since 2020, as better-than-expected PMI data bolstered market sentiment. Official data showed China’s composite PMI rose to a six-month high of 50.7 in December 2025, with the … - [Chinese Stocks Set for Biggest Annual Gains in Years](https://todaymarkets.ae/chinese-stocks-set-for-biggest-annual-gains-in-years/): The Shanghai Composite traded flat around 3,969, poised for its strongest annual gain since 2019, while the Shenzhen Component was muted around 13,601 and on track for its biggest yearly rise since 2020 on Wednesday, as better-than-expected PMI figures boosted market sentiment. Official data showed the composite PMI climbed to a six-month high of 50.7 … - [Dollar Set for Sharpest Annual Loss Since 2017](https://todaymarkets.ae/dollar-set-for-sharpest-annual-loss-since-2017/): The US dollar held steady 98.2 on the final trading day of 2025, remaining close to its lowest level since early October and on track for its largest annual decline since 2017. Over the year, the greenback has fallen 9.4%, reflecting a turbulent period that began with President Donald Trump’s chaotic rollout of tariffs. Expectations … - [New Zealand Shares Close Flat](https://todaymarkets.ae/new-zealand-shares-close-flat/): The S&P/NZX 50 finished at 13,548 on Wednesday, largely flat on the final session of the year. Thin trading ahead of the New Year kept the market subdued with limited activity. Although, the index declined modestly in earlier trading after tracking overnight Wall Street losses. Across the bourse, key sectors delivered a mixed performance, with … - [Palm Oil Poised for Annual Loss in 2025](https://todaymarkets.ae/palm-oil-poised-for-annual-loss-in-2025/): Malaysian palm oil futures fell below MYR 4,060 per tonne on Wednesday, the final trading day of 2025, rattled by weaker rival oils on the Chicago market amid thin holiday trading. The decline came despite early signs of stabilization in exports, with cargo surveyors noting palm oil shipments during December 1–25 rose between 1.6% and … - [Silver Pulls Back on Profit-Taking](https://todaymarkets.ae/silver-pulls-back-on-profit-taking/): Silver fell more than 5% to $72 per ounce on Wednesday, pulling back sharply from gains as investors cashed in on year-end profits. The metal recorded a notable rally in 2025, briefly exceeding $80 per ounce, underpinned by constrained supply and low inventories. Over the year, silver emerged as one of the strongest performing commodities, … - [Sensex Poised for 8.7% Gain in 2025](https://todaymarkets.ae/sensex-poised-for-8-7-gain-in-2025/): The BSE Sensex rose 242 points, or 0.3%, to 84,917 in morning trade on the last trading day of 2025, snapping a five-session losing streak, mainly buoyed by gains in metal stocks after the government imposed a three-year import tariff on select steel products. Metal stocks rose 1.2%, led by JSW Steel (4.0%), Jindal Steel … - [Hang Seng Dips in Final Session, Ends Year with Almost 28% Gain](https://todaymarkets.ae/hang-seng-dips-in-final-session-ends-year-with-almost-28-gain/): The Hang Seng slipped 224 points, or 0.9%, to close early at 25,630 on the final trading day of 2025, as markets closed early ahead of the New Year. The index reversed the prior session’s strength as losses spread across all sectors, with tech, consumer, and financial stocks leading the declines. Still, the index posted … - [China Front-Loads 2026 Investment to Boost Growth](https://todaymarkets.ae/china-front-loads-2026-investment-to-boost-growth/): Beijing unveiled early investment plans for 2026, signaling a renewed push to bolster China’s economic growth through infrastructure spending. The National Development and Reform Commission (NDRC) announced on Wednesday two major construction projects backed by about CNY 295 billion in central budget funding, alongside approvals for several large-scale initiatives, including Guangzhou’s new airport, water resource … - [Sensex Muted as Year-End Approaches](https://todaymarkets.ae/sensex-muted-as-year-end-approaches/): India’s BSE Sensex closed virtually unchanged at 84,675.1 on Tuesday, as investors remained reluctant to make any major moves in the last few trading sessions of 2025. At the same time, persistent foreign capital outflows kept overall sentiment subdued. Meanwhile, attention turned to the release of the latest FOMC minutes later in the day for … - [Copper Rebounds Toward Record High](https://todaymarkets.ae/copper-rebounds-toward-record-high/): Copper futures in the US rose past $5.6 per pound, not far from the record high of $5.8 tested on December 26th, set to gain 45% this year as traders resumed drawing metal to the US ahead of growing supply risks. Copper output has been pressured by halted operations in Freeport-McMoRan’s Grasberg mine in Indonesia, … - [Spain Posts Largest Current Account Surplus on Record](https://todaymarkets.ae/spain-posts-largest-current-account-surplus-on-record/): Spain’s current account surplus widened to EUR 7.18 billion in October 2025, up from EUR 4.87 billion a year earlier, according to preliminary data. This was the largest current account surplus since available records began in January 1969, as the goods and services surplus increased to EUR 7.50 billion from EUR 6.91 billion, on stronger … - [Spain’s Retail Sales Surge to Strongest Growth Since June](https://todaymarkets.ae/spains-retail-sales-surge-to-strongest-growth-since-june/): Spain’s retail trade growth accelerated to 6.0% year-on-year in November 2025, up from a revised 3.9% in October, marking the fastest pace since June. Gains were broad-based, with stronger sales in household equipment (6.0% vs 3.8%), cultural and recreation goods (4.9% vs 1.1%), and other goods in specialized stores (5.7% vs 2.9%). Sales via stalls … - [UK 10-Year Gilt Yield Falls to Over 3-Week Low](https://todaymarkets.ae/uk-10-year-gilt-yield-falls-to-over-3-week-low/): The UK 10-year gilt yield fell to 4.48%, the lowest in more than three weeks, as market expectations for further monetary easing moderated. The Bank of England cut its main rate by 25 basis points to 3.75% in December, in a narrow 5-4 vote reflecting ongoing inflation concerns. While headline inflation eased to 3.2% in … - [Silver Pops 3% as Buyers Move in After the Crash](https://todaymarkets.ae/silver-pops-3-as-buyers-move-in-after-the-crash/): Silver is gradually recovering today after yesterday’s biggest crash in many years, during which prices plunged from nearly $84 per ounce to around $70.5. The metal is now trading near $74, while the hourly RSI has climbed above 50, suggesting that short-term selling pressure may be fading. Price is consolidating between the 23.6% and 38.2% Fibonacci retracement levels of the latest upswing. A move … - [Lack of Momentum Stalls Stock Market Gains While Silver Stabilizes](https://todaymarkets.ae/lack-of-momentum-stalls-stock-market-gains-while-silver-stabilizes/): It’s the penultimate trading day of 2025, and the overriding theme is that global stock indices have lost momentum into year end. There are plenty of reasons for this, including decent returns for 2025, and investors waiting to make big trading decisions until after the Christmas break. But perhaps the most powerful reason is that … - [Trade of The Day - OIL.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti-7/): Facts: Trade: Short position on OIL.WTI at market price OIL.WTI (D1) Source: xStation5 Opinion: Oil has had a weak year, and everything indicates that the next year will be even worse for raw material producers. Signals of prolonged and deep oversupply of raw material are coming from all empirical sources, the raw material has no … - [Economic Calendar - All Eyes on FOMC Minutes](https://todaymarkets.ae/economic-calendar-all-eyes-on-fomc-minutes/): The focal point of today’s macroeconomic calendar will be the minutes from the latest FOMC meeting. Despite the dovish tone of the Fed Chair’s press conference and the lack of major concerns regarding inflation or the impact of a potential US government shutdown, the market remains fairly conservative about the Fed’s expected stance in Q1 2026 … - [Spanish CPI Higher Than Expected](https://todaymarkets.ae/spanish-cpi-higher-than-expected/): 08:00 AM BST, Spain – Inflation Data for December: 08:00 AM BST, Spain – Retail Sales Data for November: Aside from marginally higher CPI, the highest since June retail sales data secured the recovery of the contract above its 30-hour exponential moving average (light purple). It was also the first increase in the growth rate after 4 months of a consecutive slowdown. Source: … - [EUR/USD hesitates as growing geopolitical risks weigh](https://todaymarkets.ae/eur-usd-hesitates-as-growing-geopolitical-risks-weigh/): EUR/USD is practically flat on Tuesday, trading near 1.1770 at the time of writing amid the current market lull ahead of the New Year holiday. The common currency has found support not far from the three-month highs in the 1.1800 area, but the rising geopolitical tensions are weighing on risk appetite on thinned year-end trading, keeping … - [EUR/GBP slips to near 0.8700 due to BoE caution, Ukraine tensions](https://todaymarkets.ae/eur-gbp-slips-to-near-0-8700-due-to-boe-caution-ukraine-tensions/): EUR/GBP extends its losses for the second successive session, trading around 0.8710 during the European hours on Tuesday. Volumes are expected to be thin due to the year-end holiday. Traders are also monitoring geopolitical tensions as uncertainty over the Ukraine-Russia peace process resurfaced. Russia’s foreign minister said Moscow’s negotiating stance would shift following alleged strikes … - [Pound Sterling flattens against US Dollar as markets turn to FOMC Minutes](https://todaymarkets.ae/pound-sterling-flattens-against-us-dollar-as-markets-turn-to-fomc-minutes/): The Pound Sterling (GBP) trades flat around 1.3500 against the US Dollar (USD) during the European trading session on Tuesday, close to an over three-month high of 1.3535 posted last week. The GBP/USD pair consolidates as the US Dollar wobbles ahead of the release of Federal Open Market Committee (FOMC) Minutes of the December meeting, which will … - [Silver extends historic rally into 2025 – Société Générale](https://todaymarkets.ae/silver-extends-historic-rally-into-2025-societe-generale/): Silver prices have surged sharply in 2025, up almost 150% and most industry analysts argue for fundamentally justified reasons, Société Générale’s analysts note. Holiday volatility amplifies price swings “We expected the holiday period to experience bouts of extreme volatility given the lower liquidity, but prices were expected to rise over the holiday period. Specifically, in our … - [U.S. Futures Drift Lower Ahead of Fed Minutes](https://todaymarkets.ae/u-s-futures-drift-lower-ahead-of-fed-minutes/): U.S. stock futures eased slightly on Tuesday after Wall Street ended in the red Monday, as tech shares retreated from last week’s rally amid thin holiday trading. Still, equities are poised to close 2025 near record highs, posting double-digit gains in a year shaped by tariff disputes and shifting central bank policies. Attention now turns … - [TRX steadies as Justin Sun invests $18 million in Tron Inc.](https://todaymarkets.ae/trx-steadies-as-justin-sun-invests-18-million-in-tron-inc/): Tron (TRX) trades above $0.2800 at press time on Monday, hovering below the 50-day Exponential Moving Average (EMA) at $0.2859. Justin Sun, founder of Tron, made an $18 million equity investment in Nasdaq-listed Tron Inc. (previously SRM Entertainment, Inc.) on Monday to boost its TRX treasury holdings further. On the technical side, momentum indicators are … - [SOL risks correction within descending wedge as bearish bets rise](https://todaymarkets.ae/sol-risks-correction-within-descending-wedge-as-bearish-bets-rise/): Solana (SOL) hovers above $120 at press time on Tuesday after a nearly 2% decline on Monday. The SOL-focused Exchange Traded Funds (ETFs) see renewed interest after recording their lowest weekly inflow last week. However, the derivatives data indicates a sell-side inclination in traders’ sentiment amid rising SOL futures Open Interest. Institutions bag SOL as … - [WTI gains momentum above $57.50 amid increasing geopolitical tensions](https://todaymarkets.ae/wti-gains-momentum-above-57-50-amid-increasing-geopolitical-tensions/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.85 during the early European trading hours on Tuesday. The WTI price extends the rally amid the lack of a breakthrough on a peace deal in Ukraine and geopolitical risks.  US President Donald Trump said on Sunday that he made “a lot of progress” in … - [XAG/USD rises to near $74.50 within overbought zone](https://todaymarkets.ae/xag-usd-rises-to-near-74-50-within-overbought-zone/): Silver price (XAG/USD) gains more than 2% after registering a steep drop of more than 7% in the previous session, trading around $74.40 per troy ounce during the early European hours on Tuesday. Traders engaged in aggressive profit-taking after the XAG/USD pair hit a record high of $85.87 in the previous session. The technical analysis of … - [Russia Private Sector Stagnates in December](https://todaymarkets.ae/russia-private-sector-stagnates-in-december/): Russia’s S&P Global Composite PMI came in at 50.0 in December 2025, little changed from 50.1 in the previous month, pointing to broad stagnation in private-sector activity. A deeper contraction in manufacturing output was largely offset by a faster expansion in services activity, leaving overall growth flat. New orders rose modestly, increasing for the first … - [Nikkei 225 Posts 28% Annual Jump, Extends Three-Year Rally](https://todaymarkets.ae/nikkei-225-posts-28-annual-jump-extends-three-year-rally/): The Nikkei 225 rose 132 points, or 0.25%, to close at 50,420 on Tuesday, the final trading day of the year, reversing previous losses and securing a robust 28.1% gain for 2025. It marked the index’s third straight annual advance, supported by Japan’s steady economic recovery, resilient corporate earnings, and easing global trade headwinds, which … - [EUR/USD holds above 1.1750 due to cautious trade before FOMC Minutes](https://todaymarkets.ae/eur-usd-holds-above-1-1750-due-to-cautious-trade-before-fomc-minutes/): EUR/USD holds ground after four days of little losses, trading around 1.1770 during the Asian hours on Tuesday. The pair remains steady as US Dollar (USD) moves little amid market caution ahead of the Federal Open Market Committee (FOMC) December Meeting Minutes due later in the day, which could offer insights into the Federal Reserve’s … - [GBP/USD Price Forecast: Gains momentum, first upside barrier emerges near 1.3550](https://todaymarkets.ae/gbp-usd-price-forecast-gains-momentum-first-upside-barrier-emerges-near-1-3550/): The GBP/USD pair trades with mild gains around 1.3510 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the US Dollar (USD) as the Bank of England (BoE) guided that monetary policy will remain on a gradual downward path. The UK central bank cut its benchmark interest rate by 25 basis points … - [USD/CHF pulls back from 0.7900 as safe-haven demand supports Swiss Franc](https://todaymarkets.ae/usd-chf-pulls-back-from-0-7900-as-safe-haven-demand-supports-swiss-franc/): USD/CHF loses ground after two days of gains, trading around 0.7880 during the Asian hours on Tuesday. The Swiss KOF Leading Indicator will be eyed later, which could offer future trends of the overall economic activity. The Swiss Franc (CHF) potentially receives support from increased safe-haven demand, which could be attributed to the uncertain Ukraine-Russia … - [USD/CAD Sees more downside below 1.3640](https://todaymarkets.ae/usd-cad-sees-more-downside-below-1-3640/): The USD/CAD pair trades almost flat around 1.3685 during the late Asian trading session on Tuesday. The Loonie pair consolidates ahead of the release of Federal Open Market Committee (FOMC) minutes of the December meeting in the late New York session. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major … - [EUR/JPY holds steady below 184.00, BoJ signals further tightening](https://todaymarkets.ae/eur-jpy-holds-steady-below-184-00-boj-signals-further-tightening/): The EUR/JPY cross trades on a flat note around 183.80 during the early European trading hours on Tuesday. Expectation of additional rate hikes by the Bank of Japan (BoJ) in 2026 could provide some support to the Japanese Yen (JPY) against the Euro (EUR). Financial markets are expected to trade on thin volumes as traders prepare for the … - [USD/INR trades subduedly while consistent FIIs selling keeps outlook upbeat](https://todaymarkets.ae/usd-inr-trades-subduedly-while-consistent-fiis-selling-keeps-outlook-upbeat/): The Indian Rupee (INR) edges up against the US Dollar (USD) during afternoon trading hours in India on Tuesday. The USD/INR pair ticks down to near 98.00 as trading volume gets squeezed in the final stretch of the year, with near-term bias remaining bullish due to consistent outflow of foreign funds from the Indian stock market. On Monday, Foreign … - [Nat-Gas Prices Soar as US Temps Plunge](https://todaymarkets.ae/nat-gas-prices-soar-as-us-temps-plunge/): January Nymex natural gas (NGF26) on Monday closed up +0.321 (+7.35%), January nat-gas on Monday rallied sharply to a 3-week high on the outlook for colder US temperatures, which are expected to boost heating demand for nat-gas.  Forecaster Atmospheric G2 said that colder-than-normal temperatures are expected across the Northeast for January 3-7.   Nat-gas prices … - [Cattle Fade into the Close, as Feeders Hold on for Gains](https://todaymarkets.ae/cattle-fade-into-the-close-as-feeders-hold-on-for-gains/): Live cattle futures were 17 to 92 cents lower on Monday. December expires on Wednesday. Cash trade last week was reported at $229-230. Feeder cattle futures slopped into the close, but still managed to close with gains of 82 cents to $1.25. CME’s Feeder Cattle Index was back up $6.68 to $356.00 on December 26.  USDA … - [Wheat Sees Weakness](https://todaymarkets.ae/wheat-sees-weakness/): The wheat complex saw mixed Monday action, with winter wheats lower and spring wheat steady. Chicago SRW futures were 5 to 6 cents lower on Monday. KC HRW futures saw 5 to 7 cent losses at the close. MPLS spring wheat posted firmer trade, with contracts steady to a penny higher. USDA tallied wheat export … - [Soybeans Fall as Products Close Mixed](https://todaymarkets.ae/soybeans-fall-as-products-close-mixed/): Soybeans saw 9 to 10 cent losses in the front months on Monday. The cmdtyView national average Cash Bean price was 8 cents lower at $9.80 3/4. Soymeal futures were down $2.50 to $4.90/ton. Soy Oil futures were up 6 to 10 points on the day, with help from a bounce in crude oil. USDA reported a private export sale of … - [Coffee Prices Settle Higher on Slack Rainfall in Brazil](https://todaymarkets.ae/coffee-prices-settle-higher-on-slack-rainfall-in-brazil/): March arabica coffee (KCH26) on Monday closed up +1.90 (+0.54%).  March ICE robusta coffee (RMH26) closed up +26 (+0.67%). Coffee prices climbed to 1.5-week highs on Monday and settled higher as below-average rainfall in Brazil has heightened concerns about the coffee crop.  Somar Meteorologia reported Monday that Brazil’s largest arabica coffee-growing area, Minas Gerais, received … - [Cocoa Prices Sharply Higher as Ivory Coast Cocoa Port Arrivals Slow](https://todaymarkets.ae/cocoa-prices-sharply-higher-as-ivory-coast-cocoa-port-arrivals-slow/): March ICE NY cocoa (CCH26) on Monday closed up +289 (+4.85%).  March ICE London cocoa #7 (CAH26) closed up +276 (+6.55%). Cocoa prices rallied sharply on Monday, posting 2-week highs.  The slower pace of cocoa arrivals at ports in the Ivory Coast has fueled concerns about tighter supplies and is pushing cocoa prices sharply higher. … - [Sugar Prices Gain on the Outlook for Smaller Sugar Production in Brazil](https://todaymarkets.ae/sugar-prices-gain-on-the-outlook-for-smaller-sugar-production-in-brazil/): March NY world sugar #11 (SBH26) on Monday closed up +0.09 (+0.59%).  March London ICE white sugar #5 (SWH26) closed down -0.60 (-0.14%). Sugar prices settled mixed on Monday, with NY sugar matching last Wednesday’s 2.25-month high.  Sugar prices have carryover support from last Tuesday when consulting firm Safras & Mercado said that Brazil’s sugar … - [Cotton Faces Pressure into the Close](https://todaymarkets.ae/cotton-faces-pressure-into-the-close/): Cotton futures slipped lower into the close, with contracts posting losses of 10 to 15 points on the day. Crude oil futures were $1.09 per barrel higher at $57.83. The US dollar index was steady at $97.700. The December 26 online auction from The Seam showed sales of 9,181 bales at an average price of … - [Silver Rises Over 1% After Sharp Pullback](https://todaymarkets.ae/silver-rises-over-1-after-sharp-pullback/): Silver rose by over 1% to $73 per ounce on Tuesday, following an 8% slump in the previous session, which marked the steepest daily drop in over five years, as traders booked profits. Ongoing geopolitical tensions continue to support silver as a safe-haven asset. Uncertainty persists as Russia and Ukraine continue to stall on peace … - [Oil Holds Advance](https://todaymarkets.ae/oil-holds-advance-3/): WTI crude oil futures hovered at $58.1 per barrel on Tuesday after surging more than 2% the previous day on heightened geopolitical risks. Uncertainty over efforts to end the war in Ukraine resurfaced after Russia’s foreign minister said Moscow’s negotiating position would change following alleged strikes on President Putin’s residence. Prior to the attack claims, … - [Gold Rises After Sharp Selloff](https://todaymarkets.ae/gold-rises-after-sharp-selloff/): Gold prices rose above $4,370 per ounce on Tuesday after plunging more than 4% in the previous session due to profit-taking. Monday’s selloff marked the metal’s largest intraday drop since October and the second time this year that it has fallen sharply in a single day. Still, persistent geopolitical uncertainty continued to boost demand for … - [Hong Kong Stocks Edge Higher After Trade Data](https://todaymarkets.ae/hong-kong-stocks-edge-higher-after-trade-data/): Equities in Hong Kong rose 64 points, or 0.2%, to 25,703 in early trade on Tuesday, attempting to rebound from losses in the prior session, with gains led by tech and consumer stocks. Market conditions remained subdued, with investors assessing November trade data showing exports and imports in the city recording their fastest growth in … - [South Korean Shares Hold Near Record Levels](https://todaymarkets.ae/south-korean-shares-hold-near-record-levels/): The benchmark KOSPI rose 0.1% to around 4,221 on Tuesday, hovering near all-time highs, supported by chipmaker strength and policy reforms. Heavyweight semiconductors led the advance, with Samsung Electronics up 0.9% and SK hynix rising 1.9%, driven by robust AI-related demand. Financials and securities firms also contributed to the gains on optimism surrounding government reforms … - [China Stocks Little Changed](https://todaymarkets.ae/china-stocks-little-changed/): The Shanghai Composite was largely unchanged at 3,960, while the Shenzhen Component edged up 0.1% to 13,560, with mainland stocks showing little movement during the last trading week of the year. Attention will be on geopolitical developments as traders assess the impact of China’s military drills around Taiwan. Markets also looked ahead to economic data, … - [Dollar Steady, Fed Minutes Awaited](https://todaymarkets.ae/dollar-steady-fed-minutes-awaited/): The US dollar held steady at 98 on Tuesday, remaining near its lowest level since early October, as investors awaited the Federal Reserve’s December meeting minutes for further clues on the path of interest rates. Markets are currently pricing in two more rate cuts in 2026, although Fed officials were divided over their next move, … - [Japan 10-Year Yield Falls Amid Fiscal Woes](https://todaymarkets.ae/japan-10-year-yield-falls-amid-fiscal-woes/): Japan’s 10-year government bond yield fell to around 2.05% on the final trading day of the year, retreating from a near 27-year high reached last week amid growing concerns over the country’s fiscal outlook. The cabinet recently approved Prime Minister Sanae Takaichi’s record 122.3 trillion yen budget, seeking to balance aggressive fiscal spending with debt … - [US 10-Year Yield at Over 3-Week Low](https://todaymarkets.ae/us-10-year-yield-at-over-3-week-low/): The yield on the 10-year US Treasury hovered around 4.11% on Tuesday, its lowest level in over three weeks, as traders awaited the release of the FOMC minutes for further insight into the policy outlook. Market pricing currently implies two rate cuts in 2026, although policymakers remain divided on the path ahead, with most projecting … - [Yuan Remains Strong Amid Year-End Flows](https://todaymarkets.ae/yuan-remains-strong-amid-year-end-flows/): The offshore yuan hovered around the 7 per dollar mark, trading near its highest in fifteen months, as seasonal year-end demand persisted and a broadly weaker US dollar added support. Exporters typically convert more foreign currency into yuan at year-end to meet payments and administrative requirements, a trend likely to continue into January ahead of … - [Palm Oil Trades Higher](https://todaymarkets.ae/palm-oil-trades-higher/): Malaysian palm oil futures hovered near MYR 4,070 per tonne on Tuesday, after dipping around MYR 4,030 in the prior session, lifted by firmer edible oil prices on the Dalian and Chicago markets. Buying interest was also supported by India, the top importer, where palm oil purchases rose about 5% in November on more attractive … - [European Indices Posting Moderate Gains](https://todaymarkets.ae/european-indices-posting-moderate-gains/): European indices are posting moderate gains, catching up with US peers, who successfully rode Santa Claus Rally over the previous week. Dutch AEX leads the rebound (NED25: +0.5%), followed by French CAC40 (FRA40: +0.2%) and Spanish IBX35 (SPA35: +0.2%). German DAX (DE40) and British FTSE 100 (UK100) are up about 0.15% Volatility in DAX-listed stocks today. Source: Bloomberg Finance LP … - [Silver And Gold Hit By Selling Pressure as Stocks Retreat](https://todaymarkets.ae/silver-and-gold-hit-by-selling-pressure-as-stocks-retreat/): The final trading week of 2025 has begun, and so far, there’s not a Santa rally in sight. European stock futures are slightly higher as investors turn their backs on tech stocks, and US futures are lower as the Magnificent 7 get hit as we move to the end of the year. Silver is falling … - [Silver sheds nearly 4% as exchanges hike margin requirements](https://todaymarkets.ae/silver-sheds-nearly-4-as-exchanges-hike-margin-requirements/): Robust fundamental drivers The silver market is primarily defined by a chronic structural deficit, fueled by a sharp recovery in demand over the last several years. Robust consumption from the photovoltaic sector has met with an inelastic supply response; silver remained relatively undervalued for years, and recycling volumes saw only marginal increases. Crucially, silver is … - [Crypto News - Cryptocurrencies Trying to Rebound](https://todaymarkets.ae/crypto-news-cryptocurrencies-trying-to-rebound/): Cryptocurrencies are making another attempt to rebound today after the recent sell-off. Bitcoin is slowly returning toward the $90,000 area, while Ethereum has managed to break above the psychologically important $3,000 level. In recent days, it was silver that captured the attention of the entire speculative market, in a sense “stealing” that role from Bitcoin. … - [Chart of The Day - Platinum](https://todaymarkets.ae/chart-of-the-day-platinum/): Platinum Slides 5% After Hitting All-Time High at $2,472 Amid Broad Precious Metals Sell-Off. After breaking the all-time high at $2,472, the PLATINUM contract moved sharply into defensive territory. The decline found support at the 23.6% Fibonacci retracement level and is currently trading around the close on December 23. Source: xStation5Source: xStation5 From early December … - [Trade of The Day - Silver XAG/USD](https://todaymarkets.ae/trade-of-the-day-silver-xag-usd/): Facts: Recommendation: Short position at market price Opinion: In the short term, the balance of risks favors a tactical bearish scenario for silver, even though the long-term structural outlook remains constructive. Several short-dated factors cluster around the turn of the year: investors are inclined to take profits on highly profitable positions for tax reasons, CME … - [Economic Calendar - Quiet Post-Holiday Monday](https://todaymarkets.ae/economic-calendar-quiet-post-holiday-monday/): Monday’s post-holiday economic calendar is even lighter than usual. Only three minor U.S. releases are scheduled — Pending Home Sales, the Dallas Fed regional manufacturing index, and the EIA fuel report — meaning any volatility is likely to be concentrated in the dollar or energy commodities. Overall, markets are expected to remain cautious, reflecting tension … - [Nikkei 225 Finishes 0.6% Lower](https://todaymarkets.ae/nikkei-225-finishes-0-6-lower/): The Nikkei 225 lost 315 points, or 0.6%, to close at 50,376 on Monday, reversing the prior session’s gains as trading thinned ahead of year-end holidays. Sentiment turned cautious after China staged large-scale military drills around Taiwan under its “Justice Mission 2025” exercise. Investors also pared risk ahead of Tuesday’s release of minutes from the … - [Bitcoin Rises to 2-Week High](https://todaymarkets.ae/bitcoin-rises-to-2-week-high/): Bitcoin rose nearly 2% to above $89,500, hitting a two-week high and hinting at a potential year-end rally. Other cryptocurrencies also gained, with Ether and Solana rising around 2%. Analysts said the rise is partly driven by short-term retail traders increasing futures positions, contributing to broader bullish sentiment in the market, as reflected by the … - [US Futures Mixed](https://todaymarkets.ae/us-futures-mixed/): US equity futures were mixed on Monday after the S&P 500 ended Friday’s shortened session just shy of a record high. Sentiment stayed fragile as Wall Street entered another holiday-thinned week, with concerns over an AI-driven valuation bubble lingering. On Friday, losses in chipmakers and select consumer discretionary names offset broader resilience. Investors now await … - [Gold drifts lower as traders take profits after record high](https://todaymarkets.ae/gold-drifts-lower-as-traders-take-profits-after-record-high/): Gold price (XAU/USD) retreats from a record high near $4,550 during the early European trading hours on Monday as traders book some profits ahead of holidays. A renewed US Dollar (USD) could also weigh on the precious metal, as it makes Gold more expensive for non-US buyers, pressuring prices. Despite the short-term pullback, Gold has … - [Saudi Arabia Jobless Rate Rises to 3.4% in Q3](https://todaymarkets.ae/saudi-arabia-jobless-rate-rises-to-3-4-in-q3/): The unemployment rate in Saudi Arabia rose to 3.4% in the third quarter of 2025, up from 3.2% in the previous period. The jobless rate stood at 7.5% for Saudi nationals and 1.4% for non-Saudis. By gender, unemployment among females fell to 9.4% from 11.3% in Q2, while the rate for males declined to 2.2% … - [Japan 10Y Yield Remains Near 27-Year High](https://todaymarkets.ae/japan-10y-yield-remains-near-27-year-high/): Japan’s 10-year government bond yield traded above 2%, hovering near a 27-year high amid prospects of continued gradual rate hikes by the Bank of Japan. A summary of the BOJ’s December meeting showed policymakers debating further tightening even after last month’s rate hike to a multi-decade high. Some argued policy remains far from neutral in … - [Russia Manufacturing Shrinks for 7th Month](https://todaymarkets.ae/russia-manufacturing-shrinks-for-7th-month/): The S&P Global Russia Manufacturing PMI fell slightly to 48.1 in December 2025, down from 48.3 in November. It marked the seventh consecutive month of contraction, as output contracted at the fastest pace since March 2022, alongside a continued reduction in new orders amid weak demand conditions. New export orders also continued to decline sharply, … - [New Zealand Stocks End Muted](https://todaymarkets.ae/new-zealand-stocks-end-muted/): The S&P/NZX 50 was flat, closing at 13,526 on Monday, as investors returned from the Christmas break but remained subdued amid a lack of fresh catalysts and holiday-thinned trading. Across the bourse, key sectors delivered a mixed performance, with the biotech and industrial operations sectors leading the declines, while consumer durables and technology services supported … - [Corn Closes with Most Contracts Higher](https://todaymarkets.ae/corn-closes-with-most-contracts-higher/): Corn futures closed Tuesday with contracts seeing some spreading and adding carry back into the market as December was up ¼ cent and deferreds up 2 ½ cents. The CmdtyView national average Cash Corn price was up 1/4 cent at $3.88. The market will be closed on Thursday for Thanksgiving, with a hard open at 8:30 CST … - [Cocoa Prices Slump as EU Expected to Delay Deforestation Rules](https://todaymarkets.ae/cocoa-prices-slump-as-eu-expected-to-delay-deforestation-rules/): March ICE NY cocoa (CCH26) on Tuesday closed down -91 (-1.75%), and December ICE London cocoa #7 (CAZ25) closed down -51 (-1.38%). Cocoa prices extended their two-week-long selloff on Tuesday and posted new 1.75-year nearest-futures lows on expectations that the EU will delay its deforestation regulation for another year, keeping cocoa supplies ample.   Last … - [Sugar Prices Climb on Dollar Weakness and Smaller Indian Sugar Exports](https://todaymarkets.ae/sugar-prices-climb-on-dollar-weakness-and-smaller-indian-sugar-exports/): March NY world sugar #11 (SBH26) on Tuesday closed up +0.09 (+0.61%), and March London ICE white sugar #5 (SWH26) closed up +3.00 (+0.71%). Sugar prices settled higher on Tuesday amid a weaker dollar (DXY00), as they continue to consolidate below last Wednesday’s 1-month highs.  Sugar is supported by the recent news that India’s food … - [Cotton Closes Higher](https://todaymarkets.ae/cotton-closes-higher/): Cotton futures saw Tuesday gains of 20 to 25 points across most contracts, with in delivery Dec up 99 points. Crude oil futures are down 73 cents per barrel at $58.11 on the day, with the US dollar index $0.322 lower to $99.750. Commitment of Traders data, still delayed from to the government shutdown, showed … - [Dry Conditions in Brazil Support Arabica Coffee Prices](https://todaymarkets.ae/dry-conditions-in-brazil-support-arabica-coffee-prices-2/): March arabica coffee (KCH26) on Monday closed up +7.10 (+1.92%), and January ICE robusta coffee (RMF26) closed down -53 (-1.18%). Coffee prices settled mixed on Monday.  Arabica coffee moved sharply higher on Monday due to dryness concerns in Brazil after Somar Meteorologia reported that Brazil’s largest arabica coffee-growing area, Minas Gerais, received 26.4 mm of … - [UK Retail Sector Faces Steep Decline: CBI](https://todaymarkets.ae/uk-retail-sector-faces-steep-decline-cbi/): The Confederation of British Industry’s retail sales balance fell to –32 in November 2025 from –27 in October, undershooting market expectations of –30. This marked the first decline since June’s sharp drop and signaled a deeper contraction in retail activity, extending a period of weakness that has persisted since mid-2023 ahead of the 26 November … - [Sensex Falls for 3rd Day](https://todaymarkets.ae/sensex-falls-for-3rd-day/): India’s BSE Sensex gave up early gains to close around 0.4% lower at 84,587 on Tuesday, as investors booked profits for a third consecutive day following recent record highs ahead of the monthly derivatives expiry. Sentiment remained cautious as foreign outflows resumed, while traders awaited clarity on a possible rate cut by the Federal Reserve … - [Cotton Futures Edge Higher](https://todaymarkets.ae/cotton-futures-edge-higher/): Cotton futures rose slightly to around 61.8 cents per pound, a near one-week high, as expectations of a potential Federal Reserve rate cut bolstered demand prospects. In the meantime, the latest US weekly sales report published on November 21 suggested increasing demand. US upland cotton export sales surged to 199,000 running bales for the week … - [Palm Oil Extends Weakness to Near 5-Month Low](https://todaymarkets.ae/palm-oil-extends-weakness-to-near-5-month-low/): Malaysian palm oil futures slipped for the fourth straight session, hovering near MYR 4,025 per tonne and touching their lowest level since the end of June. Sentiment weakened as a firmer ringgit made exports less attractive, and softer palm oil contracts on the Dalian exchange added additional pressure. Expectations of slower shipments also weighed on … - [Saudi Trade Surplus Largest in 16 Months](https://todaymarkets.ae/saudi-trade-surplus-largest-in-16-months/): Saudi Arabia’s trade surplus widened to SAR 26.0 billion in September 2025 from SAR 15.6 billion in the same month a year earlier. This marked the largest surplus since May 2024, with both exports and imports increasing. Exports grew by 14.0% year on year to SAR 101 billion, driven by a 10.7% growth in oil … - [Iron Ore Climbs on Falling Global Shipments](https://todaymarkets.ae/iron-ore-climbs-on-falling-global-shipments/): Iron ore futures climbed toward CNY 800 per ton, reaching a three week high as declining global shipments fueled supply concerns. Industry data showed that combined exports from major producers Australia and Brazil fell by 2.7 million tons last week from the prior week. China also proposed lowering port fees for state owned enterprises holding … - [German Q3 Economic Stagnation Confirmed](https://todaymarkets.ae/german-q3-economic-stagnation-confirmed/): Germany’s economy recorded no growth qoq in Q3 2025, in line with the preliminary estimate and following a 0.2% contraction in Q2. Modest improvements in gross fixed capital formation (0.3% vs -1.1% in Q2), mainly driven by equipment and other facilities, alongside stronger government spending (0.8% vs 0.2%) and a positive contribution from inventories, helped … - [France Consumer Confidence Slightly Eases](https://todaymarkets.ae/france-consumer-confidence-slightly-eases/): Consumer confidence in France eased slightly to 89 in November 2025 from 90 in October, remaining below the long-term average of 100. Households’ assessments of their past financial situation slipped to -21 from -20, while expectations for their future finances eased to -12 from -11, reflecting persistent caution about their personal financial outlook. Current saving … - [Hang Seng Trims Gains at Close](https://todaymarkets.ae/hang-seng-trims-gains-at-close/): The Hang Seng rose 178 points or 0.7% to finish at 25,894 on Tuesday, extending strength for a second session amid broad-based sector advance. Sentiment improved after U.S. President Trump described relations with China as “extremely strong” following a call with Xi Jinping on Monday. Risk appetite was also lifted by a rebound in mainland … - [European Stocks Edge Up](https://todaymarkets.ae/european-stocks-edge-up/): Stocks in Europe edged higher on Tuesday, with both the STOXX 50 and the STOXX 600 gaining nearly 0.2%, extending the modest advance from the previous session. Rising expectations of a Fed rate cut next month continued to support investor sentiment. Banks were among the strongest performers, with Barclays up 3.1%, Societe Generale rising 1.8%, … - [CAC 40 Edges Higher on Tuesday](https://todaymarkets.ae/cac-40-edges-higher-on-tuesday/): The CAC 40 ticked up 0.2% to around 7,980 points on Tuesday, rebounding from modest losses in the previous session, as optimism over a potential Federal Reserve rate cut supported equities. According to CME Group’s FedWatch Tool, the market currently assigns an 81.1% probability to a Fed rate hike in December. Banking stocks rallied, with … - [Economic Calendar - U.S. PPI And Retail Sales in Focus](https://todaymarkets.ae/economic-calendar-u-s-ppi-and-retail-sales-in-focus/): Tuesday’s session is set to be interesting both in Europe and the United States. Today’s macroeconomic data include, among others, Germany’s preliminary GDP reading, PPI inflation in Sweden and the US, retail sales in Poland and the US, and property price indices. Attention will also focus on speeches by members of the European Central Bank’s … - [Cocoa Futures Recover 1% From 21-Month Low](https://todaymarkets.ae/cocoa-futures-recover-1-from-21-month-low/): Cocoa futures hit 21-month low today, further extending a strong downward trend that resumed in early November. The contract managed to recover around 1% above yesterday close after diving below the lower bound of a decreasing channel in the early trading (-2.4% in the most critical moment). The main driver of the resumed pression are the continued … - [GBP/USD inches lower to near 1.3100 as UK Gilts tick down](https://todaymarkets.ae/gbp-usd-inches-lower-to-near-1-3100-as-uk-gilts-tick-down/): GBP/USD loses ground after three days of gains, trading around 1.3100 during the Asian hours on Tuesday. The Pound Sterling (GBP) came under pressure as UK 10-year Gilt yields edged lower to 4.54%, with investors awaiting the November 26 budget. Finance Minister Rachel Reeves is expected to find tens of billions of pounds to meet … - [EUR/JPY trade with negative bias around mid-180.00s; eyes German GDP for fresh impetus](https://todaymarkets.ae/eur-jpy-trade-with-negative-bias-around-mid-180-00s-eyes-german-gdp-for-fresh-impetus/): The EUR/JPY cross struggles to build on the previous day’s positive move and ticks lower during the Asian session on Tuesday. Spot prices currently trade around mid-180.00s, down 0.10% for the day, though the downside potential seems limited. The Japanese Yen (JPY) draws some support from speculations that authorities would step in to stem any … - [USD/CHF clings to gains near 0.8100, multi-week top amid bullish USD and risk-on mood](https://todaymarkets.ae/usd-chf-clings-to-gains-near-0-8100-multi-week-top-amid-bullish-usd-and-risk-on-mood/): The USD/CHF pair attracts some dip-buying during the Asian session on Tuesday and currently trades just below the 0.8100 mark, or a nearly three-week high touched the previous day. The mixed fundamental backdrop, however, warrants some caution before positioning for an extension of a nearly two-week-old uptrend from the 0.7880-0.7875 region. The recent data showed that … - [EUR/GBP flat lines near 0.8800 as traders await UK Autumn Budget](https://todaymarkets.ae/eur-gbp-flat-lines-near-0-8800-as-traders-await-uk-autumn-budget/): The EUR/GBP cross holds steady near 0.8790 during the early European session on Tuesday. Markets might turn cautious ahead of the UK government’s Autumn Budget, which is scheduled for Wednesday. The final reading of German Gross Domestic Product (GDP) for the third quarter (Q3) will be released later on Tuesday.  UK Chancellor of the Exchequer Rachel Reeves is … - [Cattle Close Monday Locked Limit Down](https://todaymarkets.ae/cattle-close-monday-locked-limit-down/): Live cattle futures saw $7.25 limit losses across most contracts on Monday, with $10.25 expanded limits set for Tuesday. There was some light cash trade picked up on Monday at $208 by the USDA in the Western Corn Belt. Last week’s cash trade was $215-219 in the North, with $220-224 in the South. Feeder cattle futures … - [Wheat Closes Monday Mixed, with Spring Wheat Strength](https://todaymarkets.ae/wheat-closes-monday-mixed-with-spring-wheat-strength/): The wheat complex posted mixed Monday action, with the winter wheat leading the charge lower and spring wheat holding up. Chicago SRW futures were 4 to5 cents in the red on Monday. KC HRW futures were down 3 to 4 cents. MPLS spring wheat futures were steady to 3 cents in the green on the … - [Corn Holds onto Losses](https://todaymarkets.ae/corn-holds-onto-losses/): Corn futures were steady to 2 cents lower in the front months on Monday. The CmdtyView national average Cash Corn price was down ¾ cents at $3.87 ½. The final Crop Progress report from NASS for the year showed a total of 96% of the corn crop harvested, slightly behind the 5-year average of 97%.  USDA tallied … - [Soybeans See Front Month Weakness](https://todaymarkets.ae/soybeans-see-front-month-weakness/): Soybeans were lower on Monday, with contracts down 1 to 2 cents in the nearbys, and strength in some 2026 contracts. The cmdtyView national average Cash Bean price was down 1 1/2 cent at $10.50 1/2. Soymeal futures were down 50 to 90 cents in the nearbys, with deferreds up 80 cents to $1.80. Soy Oil futures were 2 to 8 … - [Sugar Prices Supported by the Prospects of Smaller Sugar Exports From India](https://todaymarkets.ae/sugar-prices-supported-by-the-prospects-of-smaller-sugar-exports-from-india/): March NY world sugar #11 (SBH26) today is up +0.14 (+0.95%), and March London ICE white sugar #5 (SWH26) is up +2.50 (+0.59%). Sugar prices are posting moderate gains today as they continue to consolidate below last Wednesday’s 1-month highs.  Sugar is supported by the recent news that India’s food ministry said it was considering … - [Cotton Pulls Out Gains ](https://todaymarkets.ae/cotton-pulls-out-gains/): Cotton futures posted marginal gains of 9 to 16 points across the front months on Monday. Crude oil futures were up 83 cents per barrel to $58.89 on the day, with the US dollar index $0.022 higher to $100.135. NASS released their last Crop Progress report for the year this afternoon showing the US cotton … - [Dry Conditions in Brazil Support Arabica Coffee Prices](https://todaymarkets.ae/dry-conditions-in-brazil-support-arabica-coffee-prices/): March arabica coffee (KCH26) on Monday closed up +7.10 (+1.92%), and January ICE robusta coffee (RMF26) closed down -53 (-1.18%). Coffee prices settled mixed on Monday.  Arabica coffee moved sharply higher on Monday due to dryness concerns in Brazil after Somar Meteorologia reported that Brazil’s largest arabica coffee-growing area, Minas Gerais, received 26.4 mm of … - [NY Cocoa Settles Higher on a Slower Pace of Ivory Coast Cocoa Deliveries](https://todaymarkets.ae/ny-cocoa-settles-higher-on-a-slower-pace-of-ivory-coast-cocoa-deliveries/): March ICE NY cocoa (CCH26) on Monday closed up +31 (+0.60%), and December ICE London cocoa #7 (CAZ25) closed down -78 (-2.06%). Cocoa prices recovered from 1.75-year nearest-futures lows on Monday and settled mixed.  Short covering emerged in cocoa futures on Monday to push NY cocoa into positive territory on signs of smaller cocoa arrivals … - [Copper Rises Ahead of Industry Meeting in China](https://todaymarkets.ae/copper-rises-ahead-of-industry-meeting-in-china/): Copper futures climbed above $5 per pound on Tuesday, reaching a near two-week high as investors positioned ahead of a key industry gathering in Shanghai this week, where miners are expected to push for tougher supply terms for 2026. The global copper-processing sector has faced record low annual treatment and refining charges over the past … - [EU Car Registrations Hit 4-Month High](https://todaymarkets.ae/eu-car-registrations-hit-4-month-high/): Passenger car registrations in the European Union increased 5.8% year-on-year to a four-month high of 916,609 units in October 2025, following a 10.0% rise in September. This marked the fourth consecutive month of growth, with three of the EU’s four largest markets recording gains. Registrations in Spain rose 15.9%, followed by Germany (7.8%) and France … - [Australian Shares Trade Flat](https://todaymarkets.ae/australian-shares-trade-flat/): The S&P/ASX 200 traded flat around 8,527 on Tuesday, following notable gains in the previous session as strength in mining and gold stocks offset weakness across the major banks. Major miners Rio Tinto advanced nearly 3%, BHP Group added 0.5%, and Fortescue Metals rose 0.3%, while gold producers Greatland Resources climbed 5.5%, Genesis Minerals increased … - [Oil Down with Focus on Ukraine Peace Deal](https://todaymarkets.ae/oil-down-with-focus-on-ukraine-peace-deal/): WTI crude oil futures fell to $58.5 per barrel on Tuesday, paring gains from the previous session, as prospects for a Russia-Ukraine peace deal continue to dominate market sentiment. Reports suggest that the US-proposed 28-point peace plan aimed at ending the Ukraine war has been reduced to 19 points after discussions in Switzerland as they … - [Yen Edges Up on Intervention Watch](https://todaymarkets.ae/yen-edges-up-on-intervention-watch/): The Japanese yen rose to around 156.6 per dollar on Tuesday, recovering losses from the previous session amid speculation that authorities could intervene to curb the currency’s decline. On Sunday, Takuji Aida, an adviser to Prime Minister Sanae Takaichi, said Tokyo is prepared to actively intervene in currency markets to offset the negative economic effects … - [Gold Gains Amid Fed Rate Cut Hopes](https://todaymarkets.ae/gold-gains-amid-fed-rate-cut-hopes/): Gold prices rose to around $4,140 per ounce on Tuesday, building on gains from the previous session as expectations for a US interest rate cut next month increased further after dovish Fed signals. Bullion surged nearly 2% on Monday after Fed Governor Christopher Waller reiterated his support for a December cut, citing persistent weakness in … - [South Korean Shares Rebound on Fed Cut Hopes](https://todaymarkets.ae/south-korean-shares-rebound-on-fed-cut-hopes/): The benchmark KOSPI rose 0.9% to around 3,880 on Tuesday, rebounding from losses in the previous session as hopes of a near-term US rate cut boosted investor sentiment. Investors tracked a sharp rebound on Wall Street overnight after Federal Reserve officials signaled a more accommodative policy stance, easing concerns about tighter financial conditions. Renewed optimism … - [Won Rises on Fed Rate-Cut Expectations, Domestic Growth Signals](https://todaymarkets.ae/won-rises-on-fed-rate-cut-expectations-domestic-growth-signals/): The South Korean won appreciated to around 1,471 per dollar on Tuesday, rebounding from multi-month lows as expectations of a Federal Reserve interest rate cut grew, with investors awaiting the latest US economic data for signals on upcoming policy decisions. Domestic developments also bolstered sentiment, as the Bank of Korea prepares for Thursday’s rate-setting meeting. … - [China Stocks Jump on Tech Boost](https://todaymarkets.ae/china-stocks-jump-on-tech-boost/): The Shanghai Composite rose 0.9% to above 3,870, while the Shenzhen Component jumped 2.3% to 12,870 on Tuesday, extending gains from the previous session as technology and artificial intelligence stocks led the market higher. Mainland shares also followed a tech-driven rally on Wall Street overnight amid renewed optimism for a Federal Reserve interest rate cut … - [Offshore Yuan Hits Over One-Year Peak](https://todaymarkets.ae/offshore-yuan-hits-over-one-year-peak/): The offshore yuan climbed to around 7.09 per dollar on Tuesday, reaching its highest level since early October last year, boosted by signs of improving US-China relations. US President Donald Trump and Chinese leader Xi Jinping held a phone call earlier in the week, with both governments stressing progress on trade and tariff commitments reached … - [Silver Climbs on Dovish Fed Signals](https://todaymarkets.ae/silver-climbs-on-dovish-fed-signals/): Silver rose above $51 per ounce on Tuesday, hitting an over one-week high as dovish comments from Federal Reserve officials strengthened expectations for a near-term interest rate cut. Fed Governor Christopher Waller expressed support for a December reduction, citing rising labor market risks and echoing remarks from San Francisco Fed President Mary Daly and New … - [Defense Stocks Under Pressure as Peace Talks Continue](https://todaymarkets.ae/defense-stocks-under-pressure-as-peace-talks-continue/): European equities are slightly lower at the start of the week. The EUROSTOXX index is down 0.15%. The selloff is not significant and remains limited to a 0.10–0.60% range. The German DAX is down 0.10%, the French FRA40 drops 0.52%, and the British UK100 loses 0.15%. EURUSD gains 0.30% thanks to slight declines in the … - [Bayer's Breakthrough in Stroke Prevention; Shares Gain 10%](https://todaymarkets.ae/bayers-breakthrough-in-stroke-prevention-shares-gain-10/): Bayer (BAYN.DE) is seeing spectacular growth in its share price today, up more than 10% (reaching as high as 11.5% at the peak of the session), reaching EUR 30 and its highest level since September 2024. The company’s market value increased by approximately EUR 3 billion as a result of the positive results of the … - [German IFO Slightly Lower Than Expected](https://todaymarkets.ae/german-ifo-slightly-lower-than-expected/): 09:00 AM BST, Germany – German Ifo Index for November: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you … - [The Week Ahead](https://todaymarkets.ae/the-week-ahead-2/): Week Ahead: Black Friday set to ignite Holiday sales of $1 trillion, It’s been a wild ride for financial markets in recent days. Stocks sold off sharply last week and bitcoin slumped by 7%. However, a sense of calm has descended on markets as we start a new week. Thursday’s initial rally and then reversal, … - [Crypto News - Bitcoin Stabilizes After Sell-off](https://todaymarkets.ae/crypto-news-bitcoin-stabilizes-after-sell-off/): Cryptocurrencies are attempting to open the new week with modest, stabilizing gains after a very weak period during which BTC fell more than 30% from its recent highs. U.S. crypto ETFs remain the key monitoring tool for the market. Over the past four weeks, BTC-based funds have seen a record $4.35 billion in outflows. BlackRock’s IBIT alone … - [Chart of The Day - OIL.WTI](https://todaymarkets.ae/chart-of-the-day-oil-wti-4/): Oil prices started the week with a slight selloff, adding to last week’s 3% decline. The oil market is now focused on the potential Russia–Ukraine peace agreement. At the moment, WTI crude is down 0.25% at 57.80 USD per barrel. Trump is pushing for the adoption of a modified version of the peace proposal, which … - [UK 10-Year Gilt Yield Eases](https://todaymarkets.ae/uk-10-year-gilt-yield-eases/): UK 10-year gilt yields slipped to 4.53% as investors awaited the Nov. 26 budget. Finance minister Rachel Reeves is expected to find tens of billions of pounds to meet her fiscal rules, and the OBR is set to cut growth and productivity forecasts, creating a £20–30 billion hole in the public finances. Recent data underscore … - [India 10Y Yield Hits 3-Week High](https://todaymarkets.ae/india-10y-yield-hits-3-week-high/): The yield on India’s 10-year G-Sec rose above 6.5% on Monday, hitting a three-week high, fueled by optimism over the government’s planned reform push. The winter parliament session starting December 1 is set to take up a wide-ranging package of bills covering insurance, atomic energy, and other key sectors, aimed at attracting investment and accelerating … - [Sterling Little Changed Ahead of Budget](https://todaymarkets.ae/sterling-little-changed-ahead-of-budget/): The British pound hovered just below $1.31 as traders awaited the UK’s Nov. 26 budget. Finance minister Rachel Reeves is expected to find tens of billions of pounds to meet her fiscal rules, and reports that she might avoid tax hikes briefly unsettled markets. The OBR will reportedly cut growth forecasts for 2026 and beyond, … - [TTF Prices Fall Below €30/MWh](https://todaymarkets.ae/ttf-prices-fall-below-e30-mwh/): European natural gas futures fell over 1% to below €30/MWh, the lowest since May 2024, as imports rose and diplomatic efforts to end the Russia-Ukraine war improved sentiment. Prices had been steady for weeks while traders balanced strong supply against shifting winter weather forecasts. Recent inflows of LNG and Norwegian pipeline gas, along with milder … - [CAC 40 Inches Higher on Monday](https://todaymarkets.ae/cac-40-inches-higher-on-monday/): The CAC 40 edged up 0.6% on Monday to around 8,035 points, extending last week’s choppy upward trend, supported by growing optimism on strengthening bets for US interest rate cuts. Reports that US officials may allow NVIDIA to sell its H200 AI chips to China boosted tech stocks, with STMicroelectronics up 2.7% and Dassault Systèmes … - [US Futures Rise to Start the Week](https://todaymarkets.ae/us-futures-rise-to-start-the-week-2/): US stock futures advanced on Monday as Wall Street looked to recover from a volatile week, with traders boosting bets on a Federal Reserve rate cut and growing more optimistic about Nvidia’s potential export sales to China. Dow futures rose 0.3%, S&P 500 futures added 0.4% and Nasdaq 100 futures climbed 0.6%. New York Fed … - [Oil Steady Amid Prospects of Russia-Ukraine Deal](https://todaymarkets.ae/oil-steady-amid-prospects-of-russia-ukraine-deal/): WTI crude oil futures hovered around $58 per barrel on Monday after a three-day decline, as investors weighed the possibility of a peace deal between Russia and Ukraine. Senior US and Ukrainian officials said Sunday that progress was being made on a US-backed proposal aimed at ending the conflict. US Secretary of State Marco Rubio … - [Dollar Holds at 6-Month High](https://todaymarkets.ae/dollar-holds-at-6-month-high/): The dollar index stayed above 100 on Monday, hovering near a six-month high as investors continued to assess the Federal Reserve’s monetary policy outlook. New York Fed President John Williams said Friday that a near-term rate cut remains possible as labor market weakness poses a greater risk than elevated inflation. Markets now price in about … - [Russia GDP Expands 0.9% YoY in September](https://todaymarkets.ae/russia-gdp-expands-0-9-yoy-in-september/): Russia’s GDP advanced by 0.9% year-on-year in September 2025, after a 0.4% expansion in the previous two months, the Economic Development Ministry said in a report on the current economic situation. Growth was mainly driven by increases in construction (0.2% vs 0.1% in August), manufacturing output (0.4% vs 2.4% in August), and agriculture (4.2% vs … - [Gold Extends Decline](https://todaymarkets.ae/gold-extends-decline/): Gold prices fell to around $4,040 per ounce on Monday, extending Friday’s decline, as investors awaited more US economic data for clearer signals on the Federal Reserve’s policy outlook. Attention will mainly be on September’s retail sales and PPI figures due on Tuesday, along with weekly jobless claims on Wednesday. Expectations for a December rate … - [Yen Slips in Holiday-Thinned Trade](https://todaymarkets.ae/yen-slips-in-holiday-thinned-trade/): The Japanese yen slipped past 156.5 per dollar on Monday, giving back part of the prior session’s gains as traders continued to weigh a series of verbal interventions from authorities aimed at slowing the currency’s slide. On Sunday, Takuji Aida, an adviser to Prime Minister Sanae Takaichi, said Tokyo can actively intervene in currency markets … - [Hong Kong Shares Rebound to Kick Off the Week](https://todaymarkets.ae/hong-kong-shares-rebound-to-kick-off-the-week/): Stocks in Hong Kong climbed 266 points, or 1.0%, to 25,478 in Monday’s morning session, snapping a six-session losing streak and recovering from a five-week low. All sectors supported the upturn as traders engaged in bargain hunting, particularly in property, financials, and tech shares. A rise in U.S. futures also lifted risk appetite, following Friday’s … - [South Korean Shares Rise Amid Fed Signals](https://todaymarkets.ae/south-korean-shares-rise-amid-fed-signals/): The benchmark KOSPI climbed 1.2% to around 3,900 on Monday, rebounding from losses in the previous session, supported by expectations of a near-term US rate cut. Investors reacted to recent signals from a senior Federal Reserve official suggesting that easing could still be on the table this year, creating a more supportive backdrop for export-heavy … - [Won Falls as Capital Outflows Mount](https://todaymarkets.ae/won-falls-as-capital-outflows-mount/): The South Korean won depreciated to around 1,472 on Monday, approaching its lowest level in more than seven months, as market sentiment remained pressured by concerns of continued capital outflows. The currency’s weakness has also been reflected in its real effective exchange rate, which dropped to 89.09 in October, marking its lowest level in roughly … - [China Stocks Slip as Chip Firms Weigh](https://todaymarkets.ae/china-stocks-slip-as-chip-firms-weigh/): The Shanghai Composite fell 0.2% to below 3,830, while the Shenzhen Component lost 0.4% to 12,490 on Monday, with mainland stocks hitting multi-month lows as Chinese chipmakers came under pressure following reports that the US is considering allowing Nvidia to sell H200 AI chips to China. Nvidia CEO Jensen Huang has been lobbying the Trump … - [Offshore Yuan Holds Firm](https://todaymarkets.ae/offshore-yuan-holds-firm/): The offshore yuan traded around 7.11 per dollar, moving sideways near a one-week high, as the central bank continued to guide the currency stronger. The People’s Bank of China set the midpoint at 7.0847 on Monday, firmer than Friday’s 7.0875 fix and the 7.1162 estimate, signaling its effort to stabilize the yuan. Analysts noted that … - [Silver Steadies on Fed Rate Cut Bets](https://todaymarkets.ae/silver-steadies-on-fed-rate-cut-bets/): Silver stabilized around $50 per ounce on Monday, halting a recent slide as dovish comments from a senior US Federal Reserve official boosted expectations for a rate cut next month. New York Fed President John Williams said Friday that a near term rate reduction remains possible, with labor market weakness posing a greater risk than … - [Indian Stocks Inch Higher in Early Week Session](https://todaymarkets.ae/indian-stocks-inch-higher-in-early-week-session/): Stocks in India rose 121 points, or 0.1%, to 85,353 in early deals on Monday, halting losses from the previous session and buoyed mainly by gains in the tech and banking sectors. The BSE Sensex tracked Friday’s rise on Wall Street amid hopes of Fed interest rate cuts next month. Meanwhile, the Nifty 50 climbed … - [New Zealand Stocks End Higher](https://todaymarkets.ae/new-zealand-stocks-end-higher/): New Zealand’s benchmark S&P/NZX 50 index rose 0.6% to close at 13,506 on Monday, recouping losses from last week, with technology services shares leading the advance. The sector jumped more than 8%, driven by Gentrack Group, which surged over 18% after surpassing annual earnings estimates and reporting a 119% year-on-year increase. Other notable gainers included … - [U.K. Budget Preview](https://todaymarkets.ae/u-k-budget-preview/): UK Budget preview: Can the Chancellor deliver growth while raising taxes? On Wednesday 26th November, the UK Chancellor will deliver her second full budget. This feels like a major political event, with economics on the side. It could determine whether Kier Starmer remains as Prime Minister, as well as attempting to balance the UK’s precarious books. … - [Coffee Prices Sharply Lower as President Trump Removes Brazil's Food Tariffs](https://todaymarkets.ae/coffee-prices-sharply-lower-as-president-trump-removes-brazils-food-tariffs/): March arabica coffee (KCH26) on Friday closed down -7.20 (-1.91%), and January ICE robusta coffee (RMF26) closed down -125 (-2.70%). Coffee prices fell sharply on Friday, with arabica posting a 7-week low.   Coffee prices tumbled on Friday after President Trump signed an executive order late Thursday exempting Brazilian food products from tariffs, including the … - [Cocoa Prices Weighed Down as Global Supply Prospects Improve](https://todaymarkets.ae/cocoa-prices-weighed-down-as-global-supply-prospects-improve/): March ICE NY cocoa (CCH26) on Friday closed down -123 (-2.33%), and December ICE London cocoa #7 (CAZ25) closed down -97 (-2.50%). Cocoa prices settled sharply lower on Friday, with London cocoa falling to a 1.75-year low on the nearest-futures chart.  Cocoa prices were under pressure on Friday on negative carryover from Wednesday, when European … - [](https://todaymarkets.ae/12264-2/): In the upcoming week, it will be worth monitoring the following three instruments: Bitcoin, USDJPY, and US100. We selected them due to incoming macroeconomic data and their current technical levels. Each is now at a critical point: Bitcoin is fighting to maintain its trend in conditions of low liquidity, USDJPY is reacting to Japan’s largest fiscal … - [Massive Sell-off in Crypto; Fed Cut in December ?](https://todaymarkets.ae/massive-sell-off-in-crypto-fed-cut-in-december/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [MicroStrategy in Trouble? Shares Down 67% From Highs](https://todaymarkets.ae/microstrategy-in-trouble-shares-down-67-from-highs/): MicroStrategy’s preferred shares have lost nearly 7.0% and 13.5% this month as sentiment in the cryptocurrency market deteriorated. As a result, the decline in preferred shares raises questions about the company’s ability to continue financing Bitcoin purchases and covering cash-paid dividend obligations. The company’s premium, which historically allowed Strategy (MSTR.US) to raise capital more cheaply … - [Stock of The Week - Nvidia](https://todaymarkets.ae/stock-of-the-week-nvidia/): Nvidia has long been one of the most important players in the world of artificial intelligence. The company, which started in the gaming market, now accounts for a significant portion of the global computing infrastructure powering the latest generative models as well as solutions used in science and industry. Its chips drive data centers, research labs, … - [US Stocks Rebound, Still Post Weekly Losses](https://todaymarkets.ae/us-stocks-rebound-still-post-weekly-losses/): US stocks sharply rebounded on Friday as the Dow rose 1.2%, the S&P 500 added 1.1% and the Nasdaq climbed 0.8%, after New York Fed President John Williams suggested policy may have room to move closer to neutral and traders lifted the probability of a December rate cut to nearly 70%. Communication services led early … - [TSX Trims Weekly Losses on Friday](https://todaymarkets.ae/tsx-trims-weekly-losses-on-friday/): The S&P/TSX Composite rose 0.9% to close at 30,161 on Friday, trimming part of this week’s loss to 0.6% as investors reassessed risks around elevated AI spending. Markets took comfort from New York Fed President John Williams’ cautiously dovish tone and his view that policy remains modestly restrictive but could move closer to neutral with … - [Trade of The Day - US2000](https://todaymarkets.ae/trade-of-the-day-us2000-2/): Facts: Recommendation: Long position on US2000 at market price Opinion: The LONG recommendation for Russell 2000 futures is based on the outlook for the Federal Reserve, which is currently in a cycle of interest rate cuts, regardless of a potential pause in December 2025. Although the market initially discounted the possibility of a pause in … - [Pound Sterling slumps after poor UK Retail Sales, flash PMI data](https://todaymarkets.ae/pound-sterling-slumps-after-poor-uk-retail-sales-flash-pmi-data/): The Pound Sterling (GBP) falls sharply against its major currency peers on Friday, following the release of poor United Kingdom (UK) Retail Sales data for October, and preliminary S&P Global Purchasing Managers’ Index (PMI) data for November. The Office for National Statistics (ONS) reported that Retail Sales, a measure of consumer spending, declined by 1.1% … - [DAX - Tech And Defense Stocks Sell-off](https://todaymarkets.ae/dax-tech-and-defense-stocks-sell-off/): Yesterday’s session was not successful for buyers, as American indices clearly lost ground, and many commentators and analysts expected the declines to transfer to Europe after the market opened. European indices on the cash market opened with moderate declines, but futures contracts are already in growth territory. The SUI20 contracts are rising the most in … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-11/): The USD/JPY exchange rate is currently around 156.7. Today’s trading is influenced by a complex mix of fundamental factors, where a strong dollar competes with potential interventions from Japan. The difference in monetary policy between the US and Japan still favors the dollar, but the risk of actions by the BOJ and the Japanese government … - [Technical Analysis - Ethereum](https://todaymarkets.ae/technical-analysis-ethereum/): Cryptocurrency prices remain under significant pressure, which is also clearly visible on the Ethereum chart. The price fell from around $5,000 in August to $2,700 in today’s session. On the D1 interval, there was a downward breakout of the key support at $2,850, which suggests a continuation of the downward movement. If the sell-off continues, … - [Mixed Results For The U.K. PMI Index](https://todaymarkets.ae/mixed-results-for-the-u-k-pmi-index/): 10:30 – United Kingdom Preliminary Manufacturing PMI – November: Actual 50,2 (forecast 49.3 (previous 49.7) Preliminary Services PMI – November: Actual 50,5 (forecast 52 (previous 52.3) In November, the preliminary UK manufacturing PMI came in at 50.2, exceeding expectations and indicating slight expansion, while the services PMI fell to 50.5, below forecasts, signaling a slowdown … - [European PMI Below Expectations - EUR/USD Under Pressure](https://todaymarkets.ae/european-pmi-below-expectations-eur-usd-under-pressure/): Key Data: 09:15 – FrancePreliminary Manufacturing PMI – November: actual 47,8 (forecast 49 (previous 48.8)Preliminary Services PMI – November: actual 50,8 (forecast 48.5 (previous 48) 09:30 – GermanyPreliminary Manufacturing PMI – actual 48,4 (November: forecast 49.8 (previous 49.6)Preliminary Services PMI – November: actual 52,7 (forecast 54 (previous 54.6) 10:00 – EurozonePreliminary Manufacturing PMI – November: … - [The sell-off hits Europe](https://todaymarkets.ae/the-sell-off-hits-europe/): The premise for stocks on Thursday was strong: Nvidia’s results were stunning, and the US unemployment rate rose, sparking hope that the FOMC may consider a rate cut next month. However, there was a categorical reversal in sentiment, stocks plunged, intra-day volatility surged to its highest level since April, and Nvidia’s share price shed 3%. … - [Panic Stations Crypto and Bitcoin Down 5%](https://todaymarkets.ae/panic-stations-crypto-and-bitcoin-down-5/): The cryptocurrency market is in panic today, with Bitcoin losing around 4.5 percent and Ethereum nearly 6 percent. The cryptocurrency market is in full panic today. Bitcoin is losing around 4.5 percent, dropping to about 84,000 USD, while other cryptocurrencies are experiencing even larger declines, ranging from approximately 5 percent to over 16 percent. Ethereum … - [Silver Falls on Fed Rate Hold Bets](https://todaymarkets.ae/silver-falls-on-fed-rate-hold-bets/): Silver slipped below $50 per ounce on Friday, falling for a second consecutive session amid expectations that the US Federal Reserve will refrain from cutting interest rates in December as policymakers navigate economic uncertainties. The delayed US nonfarm payrolls report released on Thursday showed mixed signals, with employment growth accelerating in September, but the unemployment … - [India Manufacturing Growth Softest in 9 Months](https://todaymarkets.ae/india-manufacturing-growth-softest-in-9-months/): The HSBC India Manufacturing PMI fell to 57.4 in November 2025 from October’s 59.2, below forecasts of 59. This indicates the slowest improvement in factory activity since February, though the sector remained comfortably above its long-run average. Factory output rose at the softest pace since May, reflecting weaker new order intakes and subdued domestic demand. … - [USD/CAD dips below 1.4100; downside seems limited amid bullish USD, sliding Oil prices](https://todaymarkets.ae/usd-cad-dips-below-1-4100-downside-seems-limited-amid-bullish-usd-sliding-oil-prices/): The USD/CAD pair drifts lower during the Asian session on Friday and now seems to have snapped a two-day winning streak to a nearly two-week high, levels just above the 1.4100 mark, touched the previous day. Spot prices, however, bearish conviction and remain on track to register strong weekly gains amid the underlying bullish sentiment … - [EUR/USD moves higher to near 1.1550 ahead of HCOB PMI data](https://todaymarkets.ae/eur-usd-moves-higher-to-near-1-1550-ahead-of-hcob-pmi-data/): EUR/USD edges higher after a flat previous day, trading around 1.1540 during the Asian hours on Friday. Traders await preliminary HOCB Purchasing Managers Index (PMI) data for November from Germany and the Eurozone due later in the day. Focus will be shifted toward the US S&P Global PMI data later in the North American session. The EUR/USD … - [EUR/JPY edges lower below 181.50 as Japan unveils stimulus package](https://todaymarkets.ae/eur-jpy-edges-lower-below-181-50-as-japan-unveils-stimulus-package/): The EUR/JPY cross declines to around 181.40 during the early European session on Friday. The Japanese Yen (JPY) strengthens against the Euro (EUR) in the wake of Japan’s Cabinet approving the 21.3 trillion yen economic stimulus package. Traders await the preliminary reading of HCOB Purchasing Managers Index (PMI) reports from the Eurozone, Germany, and France for fresh impetus.  … - [Australian Dollar holds ground as Australia Manufacturing PMI rises in November](https://todaymarkets.ae/australian-dollar-holds-ground-as-australia-manufacturing-pmi-rises-in-november/): The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday after two days of losses. The AUD/USD pair gains ground following the preliminary reading of Australia’s S&P Global Purchasing Managers Index (PMI). S&P Global Manufacturing PMI came in at 51.6 in November versus 49.7 prior. Meanwhile, Services PMI rose to 52.7 in November from the … - [WTI falls to $58.00 as Ukraine–Russia tensions ease, sanctions eyed](https://todaymarkets.ae/wti-falls-to-58-00-as-ukraine-russia-tensions-ease-sanctions-eyed/): West Texas Intermediate (WTI) Oil price extends its losses for the third consecutive session, trading around $ 58.00 per barrel during the Asian hours on Friday. Crude Oil prices slip as easing Ukraine–Russia tensions raise the possibility of reduced sanctions on Russian Oil, potentially boosting global supply. Sentiment turned bearish this week as Washington pushed for a … - [Gold remains depressed as reduced Fed rate cut bets offset weaker risk tone](https://todaymarkets.ae/gold-remains-depressed-as-reduced-fed-rate-cut-bets-offset-weaker-risk-tone/): Gold (XAU/USD) attracts fresh sellers during the Asian session on Friday, though it remains confined in the weekly range amid mixed fundamental cues. Chances of another rate cut by the Federal Reserve (Fed) in December declined further following the delayed release of the September US Nonfarm Payrolls (NFP) report on Thursday. This assists the US Dollar (USD) in … - [USD/INR trades steadily ahead of India/US flash PMI data](https://todaymarkets.ae/usd-inr-trades-steadily-ahead-of-india-us-flash-pmi-data/): The Indian Rupee (INR) opens calmly against its major peers on Friday ahead of India’s preliminary HSBC Purchasing Managers’ Index (PMI) data for November, which will be published at 05:00 GMT (10:30 IST). Investors will pay close attention to India’s private sector PMI figures to get cues about the impact of Goods and Services Tax … - [Japanese Yen sticks to recovery gains as Japan’s cabinet approves stimulus package](https://todaymarkets.ae/japanese-yen-sticks-to-recovery-gains-as-japans-cabinet-approves-stimulus-package/): The Japanese Yen (JPY) sticks to modest intraday recovery gains against its American counterpart through the Asian session on Friday, though any meaningful appreciation seems elusive. Comments from Japan’s Finance Minister Satsuki Katayama fueled speculations that authorities would step in to stem further JPY weakness. Apart from this, a generally weaker tone around the equity … - [South Korean Stocks Slide Amid AI Valuation Concerns](https://todaymarkets.ae/south-korean-stocks-slide-amid-ai-valuation-concerns/): The benchmark KOSPI slumped 3.25% to around 3,875 on Friday, reversing gains from the previous session as selling pressure re-intensified across the market. Renewed weakness in major tech names dragged the index lower, as concerns over stretched AI valuations resurfaced. The drop followed a similar shift in the US, where an initial Nvidia-driven rebound faded … - [Dollar Set for Weekly Gain](https://todaymarkets.ae/dollar-set-for-weekly-gain/): The dollar index held above 100 on Friday, poised to rise nearly 1% for the week amid expectations that the Federal Reserve will refrain from cutting interest rates in December, with a mixed US jobs report having little impact on the outlook. The delayed nonfarm payrolls report, released Thursday, showed employment growth accelerated in September, … - [China Stocks Drop on Tech Selloff](https://todaymarkets.ae/china-stocks-drop-on-tech-selloff/): The Shanghai Composite fell 1.6% to around 3870, while the Shenzhen Component dropped 2.8% to 12,620 on Friday, pushing mainland stocks to multi-week lows as Chinese technology and AI-linked shares joined a global selloff. Selling pressure spilled over from Wall Street, where concerns about an AI bubble persisted and stronger-than-anticipated US employment growth reinforced expectations … - [Hong Kong Stocks Under Pressure After Wall Street Tumble](https://todaymarkets.ae/hong-kong-stocks-under-pressure-after-wall-street-tumble/): Hong Kong shares plunged 646 points, or 2.5%, to 25,191 in early Friday trade, extending bearish momentum since last week and hitting an over one-month low amid a broad-based selloff. A sharp overnight slide on Wall Street pressured sentiment, as U.S. jobs data failed to clarify the near-term interest-rate outlook. The Hang Seng is on … - [Japan 10Y Yield Slips Ahead of Stimulus Announcement](https://todaymarkets.ae/japan-10y-yield-slips-ahead-of-stimulus-announcement/): Japan’s 10-year government bond yield slipped to around 1.78% on Friday, down from a 17-high of 1.84% in the previous session, as investors braced for the announcement of a massive stimulus package from Prime Minister Sanae Takaichi’s government, expected to exceed 20 trillion yen. Lawmakers from the ruling Liberal Democratic Party have even proposed a … - [Bitcoin Hits Seven-Month Low](https://todaymarkets.ae/bitcoin-hits-seven-month-low/): Bitcoin fell toward $85,000 on Friday, marking its lowest level since April as a global selloff in technology stocks, driven by renewed concerns over the artificial intelligence sector, spread to risk assets including cryptocurrencies. Global equities had a brief relief rally on Thursday following blowout earnings from AI bellwether Nvidia, but gains quickly reversed amid … - [Trade of The Day - USDIDX](https://todaymarkets.ae/trade-of-the-day-usdidx-2/): Facts: Recommendation: Long position at market price Opinion: We believe that the weekend events may have a positive impact on the US dollar and potentially mark a turning point in the current sentiment toward the American currency. The “de-dollarization” narrative — which over the past year contributed to USD weakness and capital inflows into precious … - [CAC 40 Extends Upward Trend](https://todaymarkets.ae/cac-40-extends-upward-trend/): The CAC 40 climbed 0.5% to around 8,220 on Monday, extending its upward trend since the start of 2026, as heightened geopolitical tensions in Venezuela spurred investor demand for defense stocks. With the US moving to arrest Venezuelan President Maduro, defense names collectively advanced, including Thales (+4.5%), Airbus (+2.0%), and Safran (+1.5%). Broader market gains … - [UK Credit Growth at 2-Year High, Tops Estimates](https://todaymarkets.ae/uk-credit-growth-at-2-year-high-tops-estimates/): Net borrowing of consumer credit by individuals in the UK rose to £2.1 billion in November 2025 from an upwardly revised £1.7 billion in the previous month and well above market forecasts of £1.1 billion. It was the highest reading since November 2023, as net borrowing through credit cards went up to £1.0 billion in … - [FTSE 100 Trades Cautiously Higher Near Record High](https://todaymarkets.ae/ftse-100-trades-cautiously-higher-near-record-high/): The FTSE 100 edged slightly higher on Monday, hovering near record levels, as investors reacted to geopolitical developments over the weekend. Gains were led by precious metal miners such as Endeavour and Fresnillo, supported by rising gold and silver prices as global uncertainty increased following US President Donald Trump’s move to oust Venezuela’s leader. Defence … - [Pound Sterling drops as US raids on Venezuela sours market sentiment](https://todaymarkets.ae/pound-sterling-drops-as-us-raids-on-venezuela-sours-market-sentiment/): The Pound Sterling (GBP) faces selling pressure against its safe-haven currency peers, outperforming risky ones at the start of the week. The British currency drops 0.2% to near 1.3420 against the US Dollar (USD) as investors turn risk-averse, following the United States’ (US) strike on Venezuela and the capture of President Nicolas Maduro against drug-trafficking … - [Gold builds on its steady intraday ascent amid geopolitical risks and Fed rate cut bets](https://todaymarkets.ae/gold-builds-on-its-steady-intraday-ascent-amid-geopolitical-risks-and-fed-rate-cut-bets/): Gold (XAU/USD) continues to scale higher through the first half of the European session on Monday and climbs to a four-day high, around the $4,430-4,431 region in the last hour amid a supportive fundamental backdrop. Geopolitical tensions escalated after the US launched land strikes on Venezuela over the weekend. Moreover, US President Donald Trump’s confrontational rhetoric … - [Dow Jones futures steady ahead of US ISM Manufacturing PMI](https://todaymarkets.ae/dow-jones-futures-steady-ahead-of-us-ism-manufacturing-pmi/): Dow Jones futures inch higher 0.06% to trade near 48,650 during the European session on Monday, while S&P 500 and Nasdaq 100 futures also gained, edging higher 0.14% and 0.38% to near 6,910 and 25,480, respectively. Attention is on the US ISM Manufacturing PMI data due later in the North American session. US index futures rise as … - [Today Markets - The Week Ahead](https://todaymarkets.ae/today-markets-the-week-ahead-4/): The Week Ahead; Venezuela events has limited market impact As we start the first full trading week of the year, it is Venezuela and the US’s overthrowing of the Madura regime that is dominating the airwaves, however, it is yet to dent market sentiment. Stock market futures are in the green, with indices in Europe … - [India 10Y Yield Hits Two-Week High](https://todaymarkets.ae/india-10y-yield-hits-two-week-high/): The yield on India’s 10-year G-Sec rose above 6.6%, hitting a two-week high, as markets priced in record state borrowing amid tepid demand and tight liquidity. Indian states plan to raise 5 trillion rupees in the January-March quarter, their largest-ever quarterly borrowing, with 301 billion rupees set for auction Tuesday. Traders have been offloading bonds … - [Swiss Retail Sales Rise Below Forecasts](https://todaymarkets.ae/swiss-retail-sales-rise-below-forecasts/): Retail sales in Switzerland rose 2.3% year-on-year in November 2025, edging up from a 2.2% increase in October but falling short of the expected 2.5% gain. Sales strengthened for non-food products excluding fuel, which expanded 6.2%, up from 4.1% in October, supported by continued solid demand for information and communication equipment (12.3%). Turnover also rose … - [Platinum Gains on Safe-Haven Demand](https://todaymarkets.ae/platinum-gains-on-safe-haven-demand/): Platinum futures climbed above $2,200 per ounce, hovering near record highs after the US attack on Venezuela and the arrest of President Nicolas Maduro over the weekend heightened geopolitical risks and boosted demand for safe-haven metals. Expectations of further US Federal Reserve rate cuts also supported precious metals, with markets pricing in two reductions this … - [Iron Ore Starts the Year Higher](https://todaymarkets.ae/iron-ore-starts-the-year-higher/): Iron ore futures climbed above CNY 790 per tonne, starting the year on a firm footing amid strong demand and tight supply conditions in China. Steelmakers have been restocking ahead of the Lunar New Year holiday in February, helping to offset the impact of elevated shipments. Analysts also noted that raw material inventories in China … - [Economic Calendar - U.S. ISM Manufacturing Report in Focus](https://todaymarkets.ae/economic-calendar-u-s-ism-manufacturing-report-in-focus/): Today’s macroeconomic calendar is relatively light. The only noteworthy publication is the US ISM Manufacturing report. Detailed calendar for the day: 08:00 AM BST, Spain – Employment Data for December: 08:30 AM BST, Switzerland – PMI Data for December: 03:00 PM BST, United States – ISM Data for December: The material on this page does not constitute financial advice and does not take into account your level … - [Gold stands firm above $4,400 as geopolitical risks boost safe-haven demand](https://todaymarkets.ae/gold-stands-firm-above-4400-as-geopolitical-risks-boost-safe-haven-demand/): Gold (XAU/USD) sticks to strong intraday gains above the $4,400 mark through the Asian session on Monday and seems poised to climb further amid the global flight to safety. Geopolitical tensions escalated after the US launched land strikes on Venezuela, leading to the capture of its President, Nicolás Maduro, and his wife. Furthermore, US President … - [EUR/USD Price Forecast: Bears await break below 100-day SMA support near 1.1665 area](https://todaymarkets.ae/eur-usd-price-forecast-bears-await-break-below-100-day-sma-support-near-1-1665-area/): The EUR/USD pair attracts heavy selling for the second straight day and dives to a nearly four-week trough, around the 1.1670 region, during the Asian session on Monday. Bearish traders now await a sustained break below the 100-day Simple Moving Average (SMA) before positioning for an extension of the recent pullback from a three-month top, or … - [WTI falls to near $57 as US pledges to build Venezuela Oil infrastructure](https://todaymarkets.ae/wti-falls-to-near-57-as-us-pledges-to-build-venezuela-oil-infrastructure/): West Texas Intermediate (WTI), futures on NYMEX, trades 0.4% lower to near $57.00 in the late Asian trade on Monday. The Oil price is under pressure after the United States (US) struck Venezuela to capture President Nicolas Maduro against drug-trafficking charges, and vowed to restructure its Oil industry, a move that could increase the global … - [US Natural Gas Slides to 10-Week Low](https://todaymarkets.ae/us-natural-gas-slides-to-10-week-low/): US natural gas futures slid more than 3% to around $3.48 per million British thermal units, hitting their lowest level since late October, pressured by forecasts pointing to warmer temperatures. Above-normal readings are expected to dominate the eastern two-thirds of the country from January 7–11, with the warm pattern expanding into the north-central US from … - [Dutch Retail Sales Growth Picks Up in November](https://todaymarkets.ae/dutch-retail-sales-growth-picks-up-in-november/): Retail sales in the Netherlands rose by 3.9% year-on-year in November 2025, accelerating from an upwardly revised 3.3% increase in October and marking the strongest growth in three months. Non-food turnover increased by 3.8%, supported by solid gains in drugstores (8.6%), recreational goods (nearly 5%) and DIY stores (over 4%), while furniture, home furnishings and … - [Copper Marches Toward Record Highs](https://todaymarkets.ae/copper-marches-toward-record-highs/): Copper futures rose above $5.8 per pound on Monday, moving closer to the record levels reached in July last year as tightening global supply conditions continued to support prices into the new year. Concerns over potential US tariffs have prompted traders to redirect shipments into the US, tightening availability at major trading hubs such as … - [Saudi Non-Oil Private Sector Growth Eases at Year-End](https://todaymarkets.ae/saudi-non-oil-private-sector-growth-eases-at-year-end/): Riyad Bank Saudi Arabia’s PMI fell to 57.4 in December 2025 from 58.5 in November, signaling a cooling but still solid expansion in non-oil private sector activity as 2025 concluded. While marking the slowest growth in four months, the headline index remained slightly stronger than its long-run average, as business activity continued to rise, though … - [Japan 10-Year Yield Hits Highest Since 1999](https://todaymarkets.ae/japan-10-year-yield-hits-highest-since-1999/): Japan’s 10-year government bond yield rose above 2.1% on Monday, reaching its highest level since February 1999 as trading resumed after the long holiday. Bank of Japan Governor Kazuo Ueda reiterated that the central bank will continue raising interest rates if economic and price projections materialize, highlighting growing confidence that Japan is moving beyond its … - [NZX 50 Ends at 4-Week High to Start the Year](https://todaymarkets.ae/nzx-50-ends-at-4-week-high-to-start-the-year/): The S&P/NZX 50 rose 0.3% to 13,587 on Monday, closing at its highest level in four weeks in the first trading session of 2026, as investors returned from the New Year’s holiday. The index was mainly supported by gains in industrial services and non-energy minerals stocks, including Ventia Services (+1.9%), Fletcher Building (+1.9%), and Manuka … - [China 10Y Yield Starts the Year Lower](https://todaymarkets.ae/china-10y-yield-starts-the-year-lower/): China’s 10-year government bond yield fell to below 1.86%, starting the year lower, as investors weighed the latest PMI figures for signs on the country’s economic outlook. A private survey showed China’s December composite PMI remained expansionary for the seventh straight month, though services activity recorded its softest growth in six months. Meanwhile, official data … - [Bitcoin, Ethereum, Ripple – Bulls firmly in control as BTC breaks $93K, ETH and XRP extend gains](https://todaymarkets.ae/bitcoin-ethereum-ripple-bulls-firmly-in-control-as-btc-breaks-93k-eth-and-xrp-extend-gains/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) extended their rallies on Monday, gaining more than 4%, 6%, and 12%, respectively, in the previous week. The top three cryptocurrencies by market capitalization could continue to outperform, with bulls in control of the momentum. Bitcoin rallies as it closes above the consolidation zone Bitcoin’s price closed above the upper consolidation range of … - [USD/CAD edges higher to near 1.3750 due to geopolitical risks](https://todaymarkets.ae/usd-cad-edges-higher-to-near-1-3750-due-to-geopolitical-risks/): USD/CAD extends its gains for the second successive session, trading around 1.3750 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) strengthens on safe-haven demand, driven by a renewed rise in geopolitical risks following the United States’ (US) capture of Venezuelan President Nicolas Maduro. US President Donald Trump said that the … - [USD/CHF rises above 0.7930 in a cautious start of the week](https://todaymarkets.ae/usd-chf-rises-above-0-7930-in-a-cautious-start-of-the-week/): The USD/CHF pair trades 0.15% higher to near 0.7930 during the Asian trading session on Monday. The Swiss Franc pair gains as the US Dollar (USD) trades higher amid risk-off market sentiment, following the United States’ (US) strike on Venezuela and the capture of President Nicolas Maduro to face drug-trafficking charges in New York. At the … - [Gold sticks to gains above $4,400 as geopolitical tensions offset notable USD strength](https://todaymarkets.ae/gold-sticks-to-gains-above-4400-as-geopolitical-tensions-offset-notable-usd-strength/): Gold (XAU/USD) gains strong positive traction at the start of a new week and climbs further beyond the $4,400 mark during the Asian session amid the global flight to safety. Geopolitical tensions escalated after the US launched land strikes on Venezuela, leading to the capture of its President, Nicolás Maduro, and his wife. Furthermore, US … - [GBP/USD Price Forecast: Falls toward 1.3400 near 50-day EMA](https://todaymarkets.ae/gbp-usd-price-forecast-falls-toward-1-3400-near-50-day-ema/): GBP/USD extends its losses for the second successive session, trading around 1.3420 during the Asian hours on Monday. The technical analysis of the daily chart indicates that the 14-day Relative Strength Index (RSI) at 53 (neutral) has eased from near overbought, indicating that momentum has cooled while remaining above the midline. RSI holds above 50, … - [EUR/JPY softens to near 183.50 as Venezuela crisis strengthens safe-haven currency](https://todaymarkets.ae/eur-jpy-softens-to-near-183-50-as-venezuela-crisis-strengthens-safe-haven-currency/): The EUR/JPY cross loses ground to around 183.65 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) on rising geopolitical tensions in Venezuela. The Eurozone Sentix Investor Confidence report will be released later on Monday.  The US Army’s Delta Force attacked Venezuela and captured its President Nicolás Maduro, along with … - [Palm Oil Rises After Two-Session Slide](https://todaymarkets.ae/palm-oil-rises-after-two-session-slide/): Malaysian palm oil futures edged higher on Monday, hovering slightly above MYR 4,000 per tonne after two sessions of losses. Sentiment improved on a weaker ringgit and firmer Chicago soyoil, while demand expectations strengthened ahead of the Lunar New Year and Ramadan in February. Optimism was reinforced by steady demand from India, the world’s top … - [Japanese Yen Slips Despite Hawkish Ueda Remarks](https://todaymarkets.ae/japanese-yen-slips-despite-hawkish-ueda-remarks/): The Japanese yen depreciated past 157 per dollar on Monday, hitting a two-week low even after Bank of Japan Governor Kazuo Ueda reiterated that the central bank will continue raising interest rates if economic and price projections materialize. His comments underscore growing confidence that Japan is moving beyond its long-standing deflationary period toward a more … - [US 10-Year Yield Steady as Key Data Eyed](https://todaymarkets.ae/us-10-year-yield-steady-as-key-data-eyed/): The yield on the 10-year US Treasury note held steady around 4.19% on Monday, hovering near four-month highs, as investors focused on key US economic data this week that could influence Federal Reserve policy. Markets are watching December’s jobs report on Friday, along with JOLTS and ADP employment figures, ISM PMIs, and the Michigan consumer … - [US Futures Steady After US Operation in Venezuela](https://todaymarkets.ae/us-futures-steady-after-us-operation-in-venezuela/): US stock futures held steady on Monday as investors assessed the implications of the US military operation in Venezuela that resulted in the capture of President Nicolas Maduro. President Trump said on Saturday that the US would “run” Venezuela until a proper political transition takes place, though Secretary of State Marco Rubio struck a more … - [Gold Climbs on Venezuela Crisis](https://todaymarkets.ae/gold-climbs-on-venezuela-crisis/): Gold prices rose over 1% above $4,400 per ounce on Monday, extending Friday’s gains as heightened geopolitical tensions following the US ouster of Venezuelan President Nicolas Maduro drove investors toward safe-haven assets. President Trump said that Washington would temporarily “run” Venezuela after capturing Maduro in a surprise military strike on Saturday, deepening uncertainty over the … - [Silver Rallies on Venezuela News](https://todaymarkets.ae/silver-rallies-on-venezuela-news/): Silver rose nearly 4% toward $76 per ounce on Monday, extending gains from the previous session after the US attacked Venezuela and arrested President Nicolas Maduro over the weekend, heightening geopolitical risks boosting demand for safe-haven metals. President Trump said on Saturday that the US would “run” Venezuela until a proper political transition takes place, … - [Hong Kong Shares Inch Higher to Begin the Week](https://todaymarkets.ae/hong-kong-shares-inch-higher-to-begin-the-week/): Hong Kong stocks edged up 54 points, or 0.2%, to 26,393 in Monday’s morning session, extending gains from the prior day and reaching a seven-week high. Traders looked past U.S. military action in Venezuela, where President Nicolas Maduro was captured, and President Donald Trump announced temporary American control. Strength in mainland equities supported sentiment, amid … - [South Korean Shares Hit Fresh Record](https://todaymarkets.ae/south-korean-shares-hit-fresh-record/): The benchmark KOSPI rose more than 2% to around 4,410 on Monday, extending gains from the previous session to fresh record levels, as heavyweight semiconductor stocks rallied after chip prices rebounded, lifting earnings expectations. Samsung Electronics jumped about 4.5% after expectations grew for a strong fourth-quarter performance, supported by a late-2025 rebound in legacy DRAM … - [China RatingDog Composite PMI Edges Higher](https://todaymarkets.ae/china-ratingdog-composite-pmi-edges-higher/): The RatingDog China General Composite PMI inched up to 51.3 in December 2025 from November’s four-month low of 51.2, marking a seventh consecutive month of expansion in private-sector activity. The modest improvement was supported by stronger services activity alongside a renewed increase in factory output. Total new orders rose, although the pace of growth slowed … - [Dollar Rises as Key Data Eyed](https://todaymarkets.ae/dollar-rises-as-key-data-eyed/): The dollar index climbed above 98.5 on Monday, reaching a two-week high as investors assessed the US attack on Venezuela while focusing on key US economic data this week that could influence Federal Reserve policy. A US military operation in Venezuela over the weekend that led to the capture of President Nicolas Maduro stoked fresh … - [Korean Won Retreats on Policy Gaps and Regional Tensions](https://todaymarkets.ae/korean-won-retreats-on-policy-gaps-and-regional-tensions/): The South Korean won depreciated to around 1,447 per dollar on Monday, retreating after a brief stabilization as investors weighed policy uncertainty following a major government restructuring and renewed geopolitical tensions. Market caution heightened after the government formally split the Ministry of Economy and Finance into two separate entities, which took effect on Friday, ending … - [Aussie Dollar Extends Losses](https://todaymarkets.ae/aussie-dollar-extends-losses/): The Australian dollar slid past $0.668 on Monday, extending losses from the previous week as renewed geopolitical tensions weighed on global risk sentiment. The commodity-heavy currency, used as a liquid proxy for global risk appetite, depreciated following the US capture of Venezuelan President Nicolas Maduro. The decline highlights how sensitive risk-linked currencies can be to … - [BoJ Open to More Tightening If Outlook Holds: Governor Ueda](https://todaymarkets.ae/boj-open-to-more-tightening-if-outlook-holds-governor-ueda/): Bank of Japan will continue raising interest rates if economic and price trends align with forecasts, Governor Kazuo Ueda said in a speech on Monday. He noted Japan’s economy maintained a moderate recovery last year despite weaker corporate profits from higher U.S. tariffs. “Wages and prices are highly likely to rise together moderately,” Ueda remarked, … - [China Stocks Climb to Begin the Year](https://todaymarkets.ae/china-stocks-climb-to-begin-the-year/): The Shanghai Composite rose 0.9% to above 4,000, while the Shenzhen Component gained 1.8% to 13,760 on Monday, with both benchmarks reaching multi-week highs as Chinese markets reopened after the long holiday. Technology stocks led the advance, extending last year’s rally in artificial intelligence-linked companies. Notable performers included Zhejiang Sanhua (3.2%), BlueFocus Intelligent (5.7%), Leo … - [Kiwi Dollar Near Two-Week Low](https://todaymarkets.ae/kiwi-dollar-near-two-week-low/): The New Zealand dollar weakened to around $0.576, hovering near a two-week low, as investors assessed the Reserve Bank of New Zealand’s policy outlook. The central bank has signalled that its easing cycle likely ended last year after delivering a cumulative 225 basis points of rate cuts, while also pushing back against expectations of a … - [Australia 10-Year Yield Hits Over 2-Year High](https://todaymarkets.ae/australia-10-year-yield-hits-over-2-year-high/): Australia’s 10-year government bond yield rose to around 4.81%, its highest level since November 2023, underpinned by bets on interest rate hikes from the Reserve Bank of Australia. Investors currently see a 39% chance that the central bank could tighten policy as early as February, with attention now focused on incoming inflation data later this … - [Yuan Holds Near 31-Month Peak](https://todaymarkets.ae/yuan-holds-near-31-month-peak/): The offshore yuan edged lower below 6.98 per dollar, but remained near its highest level since May 2023, as investors assessed the latest PMI figures for signs on the country’s economic outlook. A private survey showed China’s composite PMI remained expansionary for the seventh straight month, though services activity recorded its softest growth in six … - [Trump says Venezuela’s Maduro captured in ‘large scale’ US strike](https://todaymarkets.ae/trump-says-venezuelas-maduro-captured-in-large-scale-us-strike/): CARACAS: President Donald Trump said Saturday that US forces had captured Venezuelan leader Nicolas Maduro after launching a “large scale strike” on the South American country. “The United States of America has successfully carried out a large scale strike against Venezuela and its leader, President Nicolas Maduro, who has been, along with his wife, captured and … - [Venezuela’s capital Caracas reports multiple explosions, low-flying planes](https://todaymarkets.ae/venezuelas-capital-caracas-reports-multiple-explosions-low-flying-planes/): In the early hours of Saturday (around 2 am local time), multiple loud explosions were heard across the Venezuelan capital of Caracas, accompanied by reports from residents of low-flying aircraft overhead, triggering alarm, confusion, and a wide array of unverified social media claims of airstrikes and military action. According to the Associated Press, at least … - [Bitcoin Price - BTC trades within recent range as ETF flows stay weak](https://todaymarkets.ae/bitcoin-price-btc-trades-within-recent-range-as-etf-flows-stay-weak/): Bitcoin (BTC) price trades around $89,000 on Friday, extending its sideways price action for nearly three weeks as market participants remain indecisive. Institutional demand continues to soften, with spot Bitcoin Exchange Traded Funds (ETFs) recording mild net outflows for a third consecutive week. Meanwhile, easing year-end liquidity conditions have helped stabilize broader risk sentiment, keeping … - [Ethereum - Accumulation addresses post record inflows in December despite high selling pressure](https://todaymarkets.ae/ethereum-accumulation-addresses-post-record-inflows-in-december-despite-high-selling-pressure/): Ethereum (ETH) accumulation addresses recorded their highest monthly inflow in December 2025 as the year came to a close. Despite the weak market momentum following the holidays, these wallets doubled down on their buying pressure, adding 3.62 million ETH to their cumulative balance. That figure is higher than its record 2.94 million ETH inflow in … - [US jobs report takes center stage next week – Deutsche Bank](https://todaymarkets.ae/us-jobs-report-takes-center-stage-next-week-deutsche-bank/): The US jobs report will be the main economic release next week, with other US data including the ISM indices and consumer sentiment. Elsewhere, the focus will be on inflation in Europe and China, whilst wage data is due in Japan, Deutsche Bank’s economists report. Europe and China inflation in focus “In the US, the … - [Economics - Week Ahead - Jan 5th](https://todaymarkets.ae/economics-week-ahead-jan-5th/): The first full week of the year will see a pickup in economic data releases and trading volumes following Christmas and New Year’s holidays. US data will be headlined by a batch of labor market surveys including the BLS December jobs report, the JOLTS, and the ADP Employment Report. Other key insights will be unveiled … - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week-6/): We are heading into a busy week on the financial markets. This time, the FX and commodities space may prove particularly interesting. A series of key macroeconomic releases from the US, China and Europe may set the tone for trading — including PMI figures, CPI inflation in major economies, and US labour-market reports. Against this … - [TSMC Launches 2nm, Shares Rise](https://todaymarkets.ae/tsmc-launches-2nm-shares-rise/): Taiwan Semiconductor Manufacturing Co. has officially started mass production of 2‑nanometer chips, becoming the first company in the world to achieve a high-volume manufacturing process with Gate-All-Around transistors. This milestone marks a significant step for the semiconductor industry, introducing a structural shift comparable to the previous generations of 7‑nanometer and 5‑nanometer processes. The 2‑nanometer chips deliver … - [Tesla - "Dark Horse" or "Lame Duck" ?](https://todaymarkets.ae/tesla-dark-horse-or-lame-duck/): Tesla recently reached another all-time high. The company has had a very turbulent year; since December 2024, the stock valuation dropped by about 55%, only to return to its previous valuation in less than half a year and then surpass it. Is Elon Musk executing a brilliant strategy for the company’s development in the background, … - [Crude Prices Pressured by Concerns About a Global Oil Glut](https://todaymarkets.ae/crude-prices-pressured-by-concerns-about-a-global-oil-glut/): February WTI crude oil (CLG26) on Friday closed down -0.10 (-0.17%), and February RBOB gasoline (RBG26) closed down -0.0168 (-0.08%). Crude oil and gasoline prices tumbled to 2-week lows on Friday on expectations for a record global supply surplus.  Both the International Energy Agency (IEA) and the US government expect global production to exceed consumption, … - [Nat-Gas Prices Fall on Above-Normal US Weather Forecasts](https://todaymarkets.ae/nat-gas-prices-fall-on-above-normal-us-weather-forecasts/): February Nymex natural gas (NGG26) on Friday closed down -0.068 (-1.84%), Feb nat-gas prices extended this week’s sell-off on Friday to a 2.25-month nearest-futures low.  Nat-gas prices retreated as warmer-than-normal US weather forecasts for mid-January could reduce nat-gas heating demand and boost storage levels.  Forecaster Atmospheric G2 said Friday that much warmer-than-normal temperatures are forecast … - [Cattle Rally to Kick Off the New Year](https://todaymarkets.ae/cattle-rally-to-kick-off-the-new-year/): Live cattle futures were held up by the rallying cash market, with contracts up $3.50 to $4.40 in the front months. February was up $6.35 on the week. Cash trade picked up this week, as trade settled in at $232 across the country, up $2-3 from last week. Feeder cattle futures rallied $5.85 to $8.05 in … - [Corn Faces Weakness to Start 2026](https://todaymarkets.ae/corn-faces-weakness-to-start-2026/): Corn futures closed out the first session of 2026 with losses of 2 to 3 cents. March was back down 12 ½ cents on the holiday week. The CmdtyView national average Cash Corn price was up 2 ½ cents at $3.98 1/4.  USDA reported a private export sale of 132,000 MT of corn to South Korea this … - [Soybeans Close Lower to Initiate 2026 Trade](https://todaymarkets.ae/soybeans-close-lower-to-initiate-2026-trade/): Soybeans came back from earlier sharp weakness on Friday to close the initial 2026 session with contracts down a penny to 3 cents. March was down 26 ¾ cents on the week. The cmdtyView national average Cash Bean price was 6 ¼ cents higher at $9.70. Soymeal futures were $2.30 to $4.10/ton lower, with March down $11.40. Soy Oil futures were … - [Wheat Starts the New Year with Mixed Action](https://todaymarkets.ae/wheat-starts-the-new-year-with-mixed-action/): The wheat complex posted mixed trade on Friday as the new year kicked off. Chicago SRW futures were fractionally in the red in the front months on Friday, as March was 12 ½ cents lower this week. KC HRW futures were steady to fractionally mixed on Friday, with March falling 18 ½ cents this week. … - [Coffee Prices Push Higher as Brazilian Real Strength Sparks Short Covering](https://todaymarkets.ae/coffee-prices-push-higher-as-brazilian-real-strength-sparks-short-covering/): March arabica coffee (KCH26) on Friday closed up +8.55 (+2.45%).  March ICE robusta coffee (RMH26) closed up +5 (+0.13%). Coffee prices recovered from early losses on Friday and settled higher as strength in the Brazilian real sparked short covering in coffee futures.  The real (^USDBRL) rallied to a 2-week high against the dollar on Friday, … - [Cocoa Prices Sink on Favorable Crop Conditions in West Africa](https://todaymarkets.ae/cocoa-prices-sink-on-favorable-crop-conditions-in-west-africa/): March ICE NY cocoa (CCH26) on Friday closed down -194 (-3.20%).  March ICE London cocoa #7 (CAH26) closed down -129 (-2.95%). Cocoa prices sold off to 1-week lows on Friday and settled sharply lower.  Improved weather in West Africa is weighing on cocoa prices.  Tropical General Investments Group said Friday that favorable growing conditions in … - [Sugar Prices Slump as Production Jumps in India](https://todaymarkets.ae/sugar-prices-slump-as-production-jumps-in-india/): March NY world sugar #11 (SBH26) on Friday closed down -0.41 (-2.73%).  March London ICE white sugar #5 (SWH26) closed down -8.90 (-2.08%). Sugar prices dropped to 2-week lows on Friday and finished sharply lower.  Sugar prices retreated after the India Sugar Mill Association (ISMA) reported Thursday that Indian sugar production for 2025-26, from October … - [Cotton Closes Lower on Friday](https://todaymarkets.ae/cotton-closes-lower-on-friday/): Cotton futures closed the Friday session with weakness, as contracts were down 11 to 26 points, with March slipping 48 points over the short week. Crude oil futures were down 9 cents per barrel at $57.41. The US dollar index was up $0.123 at $98.170.  On Wednesday afternoon, USDA released the payment details for the … - [Wall Street Starts 2026 in The Green Nasdaq Jumps 1%](https://todaymarkets.ae/wall-street-starts-2026-in-the-green-nasdaq-jumps-1/): During the first session of the new year, 2026, Nasdaq 100 futures are up nearly 1.1%. S&P 500 (US500) and Dow Jones (US30) futures are also gaining, rising by 0.7% and 0.4%, respectively. The session in Asia – where trading was somewhat limited – was very strong. The benchmark for Asian equities excluding Japan (with Japan closed) climbed 1.7%, while Hong Kong’s Hang Seng … - [Economic Calendar - Final U.S. Manufacturing PMI Data in Focus](https://todaymarkets.ae/economic-calendar-final-u-s-manufacturing-pmi-data-in-focus/): Today, the key macro event will be the release of the final December manufacturing PMI readings from Europe and the United States. These releases may have some impact on EURUSD as well as bond yields. Economic calendar Eurozone: Manufacturing PMI (final) – 48.8 pts (forecast: 49.2 pts, previous: 49.2 pts) 9 AM GMT, Eurozone: Money supply M3 (y/y) – 3.0% (forecast: 2.7%, previous: 2.8%) 9:30 AM GMT, United Kingdom: Manufacturing … - [Eurozone Manufacturing PMI Misses Estimates](https://todaymarkets.ae/eurozone-manufacturing-pmi-misses-estimates/): 08:50 AM BST, France – PMI Data for December: 08:55 AM BST, Germany – PMI Data for December: 09:00 AM BST, Euro Zone – PMI Data for December: The euro area PMI weakened stronger than expected as production fell for the first time from Februrary 2025, driven by a sharp deterioration in demand, especially exports. New orders declined faster, prompting deeper cuts to purchasing, inventories and employment. Supply chains tightened … - [Technical Analysis - Gold.XAU/USD](https://todaymarkets.ae/technical-analysis-gold-xau-usd/): Gold remains in an upward trend, with the latest impulse developing since the beginning of November 2025. Between November 13 and 18, there was a correction, after which the market broke out with another upward impulse. The latest stronger pullback stopped exactly at the level of the previous correction, at 4,306, which, according to the … - [Technical Analysis - USD/IDX](https://todaymarkets.ae/technical-analysis-usd-idx/): The dollar index (USDIDX) has been on a downward trend for quite some time. The local maximum was set on November 21, 2025, after which we observed a steady downward movement. The price fell to 97.50, which was tested twice in mid-December. However, there are currently no reliable signs of a trend reversal. In recent … - [Decending Triangle Formation? as Silver Gains 4%](https://todaymarkets.ae/decending-triangle-formation-as-silver-gains-4/): Silver is up more than 4% at the start of the new year, attempting to return to a stronger upward momentum. The metal has once again reacted positively around the $70 area, forming a double bottom at that level. Price has also moved back above the EMA200 and EMA50 on the hourly timeframe. On the other hand, we can see a potentially … - [Technical Analysis - DAX40](https://todaymarkets.ae/technical-analysis-dax40/): On the D1 interval, the German D40 index has been moving in a wide consolidation for a long time. Practically since May last year, quotations have been oscillating between 24,700 and 23,350 points. Currently, we are observing a test of the upper limit of this pattern. If it breaks above 24,700, the targets for buyers … - [U.S. Futures Rise on New Year Optimism](https://todaymarkets.ae/u-s-futures-rise-on-new-year-optimism/): U.S. stock futures were notably higher on Friday, the first trading day of 2026, after Wall Street capped a third straight year of gains in 2025, navigating tariff disputes, the longest government shutdown in history, geopolitical tensions, and concerns over central bank independence. Sentiment improved after President Donald Trump issued a New Year’s Eve proclamation … - [Dutch Manufacturing PMI Eases in December](https://todaymarkets.ae/dutch-manufacturing-pmi-eases-in-december/): The Nevi Netherlands Manufacturing PMI eased to 51.1 in December 2025 from 51.8 in November, marking the slowest pace of improvement since May. New orders grew at a softer rate, dragged down by weaker export sales, contributing to a slight contraction in output. Meanwhile, employment returned to modest growth and business confidence improved to a … - [UK House Price Growth Hits 20-Month Low](https://todaymarkets.ae/uk-house-price-growth-hits-20-month-low/): The UK Nationwide House Price Index increased 0.6% year-on-year in December 2025, below market forecasts of 1.2% and easing from November’s 1.8% gain, marking the softest annual growth since April 2024. “Despite the softer end to the year, the word that best describes the housing market in 2025 overall is ‘resilient’. Even though consumer sentiment … - [Indian Stocks Point to 2nd Straight Weekly Gains](https://todaymarkets.ae/indian-stocks-point-to-2nd-straight-weekly-gains/): The BSE Sensex climbed 343 points, or 0.4%, to 85,531 in the morning session on the second trading day of the year, after a slight decline in the previous session, hitting its highest level since December 23, 2024, as investors braced for the quarterly earnings season. Most sectors traded in the green, including metals, autos, … - [Palm Oil Under Pressure to Begin 2026 Trading](https://todaymarkets.ae/palm-oil-under-pressure-to-begin-2026-trading/): Malaysian palm oil futures slipped around 1% to around MYR 4,000 per tonne on Friday, the first trading day of 2026, pressured by weaker exports at year-end. Cargo surveyors noted December shipments fell 5.2%–5.8% from November, reinforcing demand concerns. Also, caution mounted ahead of December production data, after November output fell 5.3% mom to 1.94 … - [South Korean Won Steadies on BOK Remarks](https://todaymarkets.ae/south-korean-won-steadies-on-bok-remarks/): The South Korean won held steady around 1,440 per dollar on the first trading day of 2026, as investors digested remarks from the Bank of Korea’s governor. BOK Governor Rhee Chang-yong said the won remains “misaligned” with economic fundamentals, warning that persistent depreciation could heighten inflation and weigh on domestic-oriented firms. He emphasized that the … - [India December Manufacturing PMI Revised Down](https://todaymarkets.ae/india-december-manufacturing-pmi-revised-down/): The HSBC India Manufacturing PMI fell to 55.0 in December 2025, revised lower from initial estimates of 55.7, down from 56.6 in November. This marks the weakest improvement in two years, as factory output expanded at the slowest pace since October 2022, alongside softer growth in new orders. Export demand also increased at the weakest … - [Yuan Remains Strong to Start the Year](https://todaymarkets.ae/yuan-remains-strong-to-start-the-year/): The offshore yuan steadied around 6.97 per dollar on Friday, but traded at its strongest since May 2023, defying weaker central bank guidance as exporters continued selling dollars. The currency also recorded its largest annual gain since 2020, rising roughly 5% for 2025 to snap its three-year losing streak. The yuan’s rapid advance has prompted … - [EUR/USD Price Forecast: Keeps bullish vibe, first upside barrier emerges above 1.1800](https://todaymarkets.ae/eur-usd-price-forecast-keeps-bullish-vibe-first-upside-barrier-emerges-above-1-1800/): The EUR/USD pair trades in positive territory around 1.1755 during the early European trading hours on Friday. The European Central Bank (ECB) kept rates unchanged at its December policy meeting, and its outlook suggested less urgency for further cuts, which has provided some support to the Euro (EUR) against the US Dollar (USD).  ECB President Christine Lagarde emphasized a data-dependent, “meeting-by-meeting” … - [USD/CHF holds losses near 0.7900 amid dovish tone surrounding Fed outlook](https://todaymarkets.ae/usd-chf-holds-losses-near-0-7900-amid-dovish-tone-surrounding-fed-outlook/): USD/CHF loses ground as the US Dollar (USD) weakens over expectations of two more Federal Reserve rate cuts in 2026. The pair is trading around 0.7920 during the Asian hours on Friday. The Fed delivered a 25-basis-point (bps) interest rate cut at the December 2025 meeting, bringing the target range to 3.50%–3.75%. The US central bank reduced … - [Bitcoin, Ethereum, Ripple – BTC, ETH and XRP enter the New Year with breakout hopes](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-enter-the-new-year-with-breakout-hopes/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) entered the new year trading at key technical levels on Friday, as traders seek fresh directional cues in January. With BTC locked in a tight range, ETH is approaching its 50-day Exponential Moving Average (EMA), while XRP is nearing resistance. A clear breakout across these top three cryptocurrencies could help define market … - [Gold - XAU/USD climbs to near $4,350 on Fed rate cut bets, geopolitical risks](https://todaymarkets.ae/gold-xau-usd-climbs-to-near-4350-on-fed-rate-cut-bets-geopolitical-risks/): Gold price (XAU/USD) rises to near $4,345 during the early Asian session on Friday. Gold finished 2025 with a significant rally, achieving an annual gain of around 65%, its biggest annual gain since 1979. The rally of the precious metal is bolstered by the prospect of further US interest rate cuts in 2026 and safe-haven flows.  The US Federal Reserve (Fed) … - [EUR/USD edges above 1.1750 due to ECB-Fed policy divergence](https://todaymarkets.ae/eur-usd-edges-above-1-1750-due-to-ecb-fed-policy-divergence/): EUR/USD has recovered its recent losses registered in the previous session, trading around 1.1760 during the Asian hours on Friday. Traders will likely observe Germany’s Manufacturing Purchasing Managers’ Index (PMI) data later in the day. The Euro (EUR) is finding support against the US Dollar (USD) as monetary policy paths diverge between the European Central … - [GBP/USD gathers strength above 1.3450 on Fed rate cut bets, BoE's gradual policy path](https://todaymarkets.ae/gbp-usd-gathers-strength-above-1-3450-on-fed-rate-cut-bets-boes-gradual-policy-path/): The GBP/USD pair gathers strength to around 1.3480 during the early Asian session on Friday. Expectations of the US Federal Reserve (Fed) rate cuts this year weigh on the US Dollar (USD) against the Pound Sterling (GBP). Philadelphia Fed President Anna Paulson is set to speak later on the weekend.  The Greenback ended 2025 with the sharpest annual … - [WTI steadies near $57.50 as traders await OPEC+ meeting](https://todaymarkets.ae/wti-steadies-near-57-50-as-traders-await-opec-meeting/): Akhtar FaruquiFXStreet West Texas Intermediate (WTI) Oil price holds ground after registering modest losses in the previous trading session, hovering near $57.50 during the Asian hours on Friday. Traders are awaiting Sunday’s virtual meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+), with expectations that the group will uphold its November … - [USD/CAD falls to near 1.3700 due to Fed rate cut bets, higher Oil prices](https://todaymarkets.ae/usd-cad-falls-to-near-1-3700-due-to-fed-rate-cut-bets-higher-oil-prices/): USD/CAD pares recent gains from the previous session, trading around 1.3710 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) loses ground over expectations of two more Federal Reserve rate cuts in 2026. Markets are bracing for US President Donald Trump to nominate a new Fed chair to replace Jerome Powell when his … - [NZD/USD rebounds above 0.5750 as traders expect more Fed rate cuts](https://todaymarkets.ae/nzd-usd-rebounds-above-0-5750-as-traders-expect-more-fed-rate-cuts/): NZD/USD halts its five-day losing streak, trading around 0.5760 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) loses ground over expectations of two more Federal Reserve rate cuts in 2026. Markets are bracing for US President Donald Trump to nominate a new Fed chair to replace Jerome Powell when his term … - [Oil Gains at Start of the Year](https://todaymarkets.ae/oil-gains-at-start-of-the-year/): WTI crude oil futures rose to around $57.7 on the first trading day of 2026, after posting their biggest annual decline in five years, as markets weighed upcoming OPEC+ talks and ongoing geopolitical developments. The cartel is set to meet virtually on January 4, with expectations that the group will maintain its November agreement to … - [Gold Rises to Kick-Start the Year](https://todaymarkets.ae/gold-rises-to-kick-start-the-year/): Gold rose to around $4,360 per ounce on the first trading day of 2026, extending its bullish momentum from its strongest annual performance in more than four decades. The metal gained about 65% last year, fueled by sweeping global US tariffs, expectations of lower US borrowing costs, persistent geopolitical uncertainty, sustained central bank buying, and … - [Australian Shares Start Year Steady](https://todaymarkets.ae/australian-shares-start-year-steady/): The S&P/ASX 200 hovered around 8,720 on Friday, starting the first trading session of the year little changed, as cautious sentiment and thin holiday liquidity limited moves. Investors remained mindful of a late-December pullback on Wall Street, while attention turned to upcoming monthly inflation data next week that could shape the RBA’s policy outlook after … - [Australian Dollar Starts 2026 Strong](https://todaymarkets.ae/australian-dollar-starts-2026-strong/): The Australian dollar appreciated to around $0.669 on Friday, trading near 14-month highs to kick off the new year positively as investors await next week’s monthly inflation data, which could influence the RBA’s policy stance following its hint at a possible rate hike this year. The central bank’s December meeting minutes showed policymakers are prepared … - [Dollar Starts New Year on Weak Footing](https://todaymarkets.ae/dollar-starts-new-year-on-weak-footing/): The US dollar fell to around 98.2 on the first trading day of 2026, building on its steepest annual loss in eight years. The greenback shed about 9% last year, weighed down by policy uncertainty following President Donald Trump’s tariff measures, rising expectations of Federal Reserve easing, a narrowing yield advantage over peers, and investor … - [Hong Kong Shares Rally to Begin 2026](https://todaymarkets.ae/hong-kong-shares-rally-to-begin-2026/): Hong Kong stocks jumped 413 points, or 1.6%, to 26,043 in early trade Friday, the first session of 2026, rebounding from prior losses and poised for a second straight weekly gain of about 1.0%. so far. Markets reopened after the New Year break amid a rally in U.S. futures, following solid year-end gains on Wall … - [Japanese Yen Stabilizes](https://todaymarkets.ae/japanese-yen-stabilizes/): The Japanese yen stabilized around 156.6 per dollar on Friday after two consecutive sessions of losses, though it remained near ten-month lows, intensifying calls for intervention. Tokyo’s verbal warnings last month briefly kept the yen out of the intervention zone, with Finance Minister Katayama emphasizing Japan’s freedom to act against excessive moves, though worries over … - [Silver Gains at 2026 Open](https://todaymarkets.ae/silver-gains-at-2026-open/): Silver climbed to around $73 per ounce on the first trading day of 2026, building on its strongest year on record. The precious metal surged 148% last year, breaking through several key levels, supported by its designation as a critical US mineral, tight supply conditions, low stockpiles, and strengthening industrial and investment demand. The rally … - [South Korean Shares Start Year Strong](https://todaymarkets.ae/south-korean-shares-start-year-strong/): The benchmark KOSPI rose more than 1% to around 4,260 on Friday, starting the first trading session of the year near record levels, as heavyweight semiconductor stocks advanced on optimism over sustained AI-driven demand. Samsung Electronics (3.6%) and SK hynix (2.3%) led the upside, supported by expectations that the global chip upcycle will continue to … - [US 10-Year Treasury Yield Remains Flat](https://todaymarkets.ae/us-10-year-treasury-yield-remains-flat/): The yield on the 10-year US Treasury held at around 4.2% on the first trading day of 2026, as market activity remained thin following the holidays. Investors continued to weigh the Federal Reserve’s interest rate path this year, focusing on upcoming economic releases, including December payrolls due next week, which could shed light on the … - [Cattle Close 2025 with Strength](https://todaymarkets.ae/cattle-close-2025-with-strength/): Live cattle futures saw gains of 82 cents to $1.22 on Wednesday. Cash trade has seen light $229 sales this week but not enough for a trend. The Wednesday morning Fed Cattle Exchange showed dressed sales of $230.5-232 on 599 of the 1,198 head offered. Feeder cattle futures were up another 70 to 80 cents to … - [Hong Kong Shares Opens December Higher on Broad Gains](https://todaymarkets.ae/hong-kong-shares-opens-december-higher-on-broad-gains/): Hong Kong stocks advanced 185 points, or 0.7%, to 26,044 in morning trade on the first day of the final month of the year, rebounding from weakness in the prior session on widespread gains across sectors, led by property, consumer, and financials. Sentiment was supported by strength from Wall Street’s shortened Friday session amid optimism … - [Dollar Hovers Near 2-Week Low](https://todaymarkets.ae/dollar-hovers-near-2-week-low/): The dollar index hovered around 99.4 on Monday, near a two-week low, as investors positioned themselves for a crucial month that could see the Federal Reserve deliver its final rate cut of the year. Traders are now pricing in an 87% probability of a 25bps reduction at the Fed’s meeting next week, with expectations for … - [Chinese Stocks Rise Despite Weak Data](https://todaymarkets.ae/chinese-stocks-rise-despite-weak-data/): The Shanghai Composite rose 0.26% to around 3,900 and the Shenzhen Component added 0.9% to 13,100 on Monday, with both indices reaching over one-week highs as optimism over a potential US Fed rate cut outweighed soft factory activity data in China. A private survey showed China’s factory activity slipping back into contraction in November, reflecting … - [South Korean Stocks Dip Ahead of New KOSPI Levy](https://todaymarkets.ae/south-korean-stocks-dip-ahead-of-new-kospi-levy/): The benchmark KOSPI weakened 0.20% to around 3,918 per dollar on Monday, extending losses for another session as key sector weakness in producer manufacturing, consumer durables, and consumer non-durables weighed on large-cap stocks. Losses were led by Samsung Electronics (-0.30%), Hyundai Motor (-2.87%), Doosan Enerbility (-1.70%), HD Hyundai Heavy Industries (-3.55%), Hanwha Aerospace (-2.93%), and … - [BoJ to Assess Conditions for December Rate Hike](https://todaymarkets.ae/boj-to-assess-conditions-for-december-rate-hike/): The Bank of Japan is weighing the “pros and cons” of raising interest rates at its December 18–19 meeting, Governor Kazuo Ueda said in a speech Monday. With U.S. tariff risks fading, he noted the central bank’s economic and price projections are increasingly likely to be met, suggesting conditions for a hike are forming. Ueda … - [AUS 10-Year Yield Climbs to January Levels](https://todaymarkets.ae/aus-10-year-yield-climbs-to-january-levels/): Australia’s government bond yield climbed to around 4.55%, reaching its highest level since mid-January, supported by fading hopes of further policy easing. Latest data showed that the manufacturing PMI rose to a three-month high in November, while job ads declined at a slower pace. This follows last week’s persistently high inflation report, with the RBA’s … - [Japan 10-Year Yield Hits 2008 Peak](https://todaymarkets.ae/japan-10-year-yield-hits-2008-peak/): Japan’s 10-year government bond yield climbed toward 1.85%, reaching its highest level since June 2008, as expectations of a policy rate hike from the Bank of Japan continue to mount. The swap market now prices in roughly a 62% chance of a rate increase at the BOJ’s upcoming policy meeting on December 19, with expectations … - [Offshore Yuan Hovers Over One-Year Peak](https://todaymarkets.ae/offshore-yuan-hovers-over-one-year-peak/): The offshore yuan traded around 7.07 per USD, near its highest level since early October last year, as a broadly softer US dollar offset weak factory activity data in China. The softer greenback continued to support the currency, with investors looking ahead to a crucial month that could bring the Fed’s final rate cut of … - [Bitcoin Slides Back Toward April Lows](https://todaymarkets.ae/bitcoin-slides-back-toward-april-lows/): Bitcoin dropped more than 4% to around $86,000, moving back toward its lowest level since April, pressured by a renewed market selloff. The crypto market remains unsettled after weeks of selling pressure that began in early October, when roughly $19 billion in leveraged positions were liquidated, just days after Bitcoin hit an all-time high of … - [EUR/USD flirts with 200-day SMA hurdle, above 1.1600 amid a broadly weaker USD](https://todaymarkets.ae/eur-usd-flirts-with-200-day-sma-hurdle-above-1-1600-amid-a-broadly-weaker-usd/): The EUR/USD pair regains positive traction at the start of a new week and climbs back above the 1.1600 round figure during the Asian session. Bulls now await a move beyond a technically significant 200-day Simple Moving Average (SMA) before placing fresh bets and positioning for an extension of a one-week-old uptrend amid the prevalent … - [GBP/USD flat lines near 1.3250 amid UK budget relief](https://todaymarkets.ae/gbp-usd-flat-lines-near-1-3250-amid-uk-budget-relief/): The GBP/USD pair holds steady near 1.3245 during the Asian session on Monday as traders continue to digest the UK’s Autumn Budget. The potential downside for the major pair might be limited due to the rising expectations of a Federal Reserve (Fed) interest rate cut in the December meeting. The US November ISM Manufacturing Purchasing Managers Index (PMI) … - [XAG/USD rises to record high above $57.50, overbought RSI may limit gains](https://todaymarkets.ae/xag-usd-rises-to-record-high-above-57-50-overbought-rsi-may-limit-gains/): Silver price (XAG/USD) climbs to a fresh record high near $57.60 during the Asian trading hours on Monday. Silver has surged following the report about an outage on the Comex due to what the exchange operator CME calls a “cooling system failure.” Furthermore, the prospect of a US Federal Reserve (Fed) interest rate cut in the December policy … - [Japanese Yen climbs to over one-week top vs USD amid divergent BoJ-Fed expectations](https://todaymarkets.ae/japanese-yen-climbs-to-over-one-week-top-vs-usd-amid-divergent-boj-fed-expectations/): The Japanese Yen (JPY) jumps to a one-and-a-half-week top against a broadly weaker US Dollar (USD) during the Asian session on Monday. The latest comments from Bank of Japan (BoJ) Governor Kazuo Ueda reaffirmed bets for an imminent interest rate hike, pushing Japanese government bond (JGB) yields to their highest levels in years. The resultant narrowing of … - [WTI jumps to near $59.30 as OPEC+ agrees to halt Oil supply hikes](https://todaymarkets.ae/wti-jumps-to-near-59-30-as-opec-agrees-to-halt-oil-supply-hikes/): West Texas Intermediate (WTI) futures on NYMEX trade 1.7% higher around $59.30 during the Asian trading session on Monday. The Oil price attracts significant bids at open as the OPEC+ agrees to halt the Oil output increase from the first quarter of 2026. This year, the Oil price has remained under pressure as members of … - [USD/CAD rebounds above 1.3950 despite upbeat Canadian GDP data](https://todaymarkets.ae/usd-cad-rebounds-above-1-3950-despite-upbeat-canadian-gdp-data/): The USD/CAD pair recovers some lost ground to around 1.3980 during the Asian trading hours on Monday. The potential upside might be limited amid rising bets of a US Federal Reserve (Fed) rate cut this month. Traders brace for the US November ISM Manufacturing Purchasing Managers Index (PMI) report later on Monday for fresh impetus. Investors ramp up expectations … - [The Truth About AI Trading Bots - What Clients Need to Know Before Trusting Their Money](https://todaymarkets.ae/the-truth-about-ai-trading-bots-what-clients-need-to-know-before-trusting-their-money/): In recent years, the rise of “AI trading bots” and “AI-managed investment accounts” has created a wave of excitement—and unfortunately, a wave of misinformation. Many companies now promise effortless profits, fully automated trading, or guaranteed returns using artificial intelligence. But clients need to understand an important truth: AI is powerful, but it is not magic. … - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week-3/): We are about to begin the last month of trading on international financial markets in 2025. This week, investors will be focusing primarily on the latest key data from the US ahead of the Fed meeting, further talks on the Ukraine-Russia peace plan, and comments from Ueda of the BoJ, which will determine whether interest … - [Novo Nordisk - Is it Time For Growth?](https://todaymarkets.ae/novo-nordisk-is-it-time-for-growth/): In recent months, Novo Nordisk has emerged as an example of a dramatic shift in market sentiment and company situation. It has been significantly devalued from its peak valuations, and investor behavior increasingly suggests that the market is inclined to write it off. But is this justified? The scale of this change is difficult to … - [Intel Surges on Rumors of Chips For Apple](https://todaymarkets.ae/intel-surges-on-rumors-of-chips-for-apple/): During today’s trading session, Intel shares are rising by more than 7% following reports that the company could become a manufacturer of some of Apple’s M-series chips. The market interprets the potential collaboration as an opportunity to strengthen Intel’s position in the semiconductor industry and to rebuild its production capabilities, which is a significant factor in … - [Silver Sets Fresh Record Highs](https://todaymarkets.ae/silver-sets-fresh-record-highs/): Silver has risen by almost 100 percent since the beginning of this year, hitting successive record price levels. The increase is driven both by fundamental factors, such as limited metal supply and strong industrial demand, and by macroeconomic conditions. The expected interest rate cut in the US, a weaker dollar, persistent inflation, and geopolitical tensions … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/chart-of-the-day-eur-usd-4/): The euro–dollar pair is pulling back toward the 1.157 area today ahead of Germany’s inflation data, which will be released at 2:30 p.m. Yesterday’s ECB minutes had a fairly hawkish tone, with the bank signaling a pause in rate cuts. On the other hand, recent data from the United States continue to show persistent resilience … - [Economic Calendar - German CPI And Canadian GDP in Focus](https://todaymarkets.ae/economic-calendar-german-cpi-and-canadian-gdp-in-focus/): Today’s macro calendar is not very busy. Equity sentiment in Europe is mixed, although US index futures are gaining. Investors will focus mainly on Germany’s CPI data and Canada’s GDP. Today US companies earnings calendar is almost empty. Macro Calendar The material on this page does not constitute financial advice and does not take into … - [Gold Shines as Markets Take U.K. Budget in Their Stride](https://todaymarkets.ae/gold-shines-as-markets-take-u-k-budget-in-their-stride/): A theme is emerging as we reach the last trading day of November, risk is back on. Global indices are a sea of green this week, after a bruising first half of the month. Although European and US indices are on track to record a loss for the entire month of November, the scene could … - [Japanese Shares End Week Higher](https://todaymarkets.ae/japanese-shares-end-week-higher/): The Nikkei 225 rose 0.18% to close at 50,254, while the broader Topix Index gained 0.29% to 3,378 on Friday, with both benchmarks ending the week higher as soft US economic data and dovish signals from policymakers boosted expectations for further Federal Reserve rate cuts. Dip buyers also returned this week after global equities came … - [Coal Slips on Demand Concerns](https://todaymarkets.ae/coal-slips-on-demand-concerns/): Coal prices fell below $110 per tonne, retreating from three month highs as concerns over the long-term demand outlook resurfaced. At the recent COP30 climate talks in Brazil, South Korea officially joined the Power Past Coal Alliance, which aims to accelerate the phaseout of coal fired power plants. The country announced plans to shut all … - [Offshore Yuan Set for Monthly Gains](https://todaymarkets.ae/offshore-yuan-set-for-monthly-gains/): The offshore yuan steadied around 7.07 per dollar on Friday, remaining on track for monthly gains as a weakening US dollar supported the currency. The greenback declined as markets increased expectations for a further Federal Reserve rate cut in December, with futures now pricing in an 87% probability of a 25-basis-point reduction. Meanwhile, the People’s … - [German Retail Sales Unexpectedly Fall](https://todaymarkets.ae/german-retail-sales-unexpectedly-fall/): Germany’s retail sales dropped 0.3% month-over-month in October 2025, missing market forecasts of a 0.2% growth and reversing a marginally revised 0.3% gain in the previous month. This marked the fifth monthly decline so far this year, weighed down by a 0.7% fall in non-food sales and a 0.6% decrease in online and mail-order businesses. … - [US Dollar Index hovers around 99.50, downside appear amid dovish Fed stance](https://todaymarkets.ae/us-dollar-index-hovers-around-99-50-downside-appear-amid-dovish-fed-stance/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after three days of losses and trading around 99.60 during the Asian hours on Friday. However, the US Dollar (USD) could further lose amid rising odds of Federal Reserve (Fed) rate cut bets in December. Traders … - [Macro Focus - A Fiscal Turning Point in The U.K.?](https://todaymarkets.ae/macro-focus-a-fiscal-turning-point-in-the-u-k/): UK markets had been eagerly anticipating it: yesterday, Chancellor of the Exchequer Rachel Reeves presented her budget for the coming year. This budget, seen as a potential year-end catalyst, was in the spotlight, with investors hanging on every decision from the Chancellor. Following the announcement, the Office for Budget Responsibility (OBR), the body responsible for … - [Precious Metals - Double Peak or Consolidation Before Growth?](https://todaymarkets.ae/precious-metals-double-peak-or-consolidation-before-growth/): The market has largely cooled down after the recent surge in precious metals. The latest increase in precious metal valuations had a pace and scale that is difficult to fully justify with hard fundamental data. Part of the movement was an emotional reaction driven by geopolitical uncertainty and the entrenched belief that metals always gain … - [Earnings - Toyota](https://todaymarkets.ae/earnings-toyota/):  China may produce the most cars, and the USA buys the most of them, yet Toyota is the world leader in sales. The Japanese automotive giant has published its results.Key financial information: The company communicated a series of important information regarding its strategy and future. Toyota continues its strategy of expansion in multiple sectors of … - [GBP/JPY retreats from YTD peak, trades below 207.00 amid modest JPY uptick](https://todaymarkets.ae/gbp-jpy-retreats-from-ytd-peak-trades-below-207-00-amid-modest-jpy-uptick/): The GBP/JPY cross attracts some intraday sellers following an Asian session uptick to the 207.20 area, or a fresh high since July 2024, and turns lower for the second straight day on Friday. The downtick, however, lacks bearish conviction, with spot prices holding above mid-206.00s and remaining on track to register strong gains for the … - [XAG/USD forms bearish multiple tope near $54.50 supply zone](https://todaymarkets.ae/xag-usd-forms-bearish-multiple-tope-near-54-50-supply-zone/): Silver (XAG/USD) struggles to capitalize on the Asian session move up and retreats from the $54.40-$54.45 region, or its highest level since October 17, touched earlier this Friday. The white metal currently trades around mid-$53.00s, still up 0.20% for the day, and seems poised to register strong weekly gains. From a technical perspective, the recent repeated … - [When are the German Retail Sales and how could they affect EUR/USD?](https://todaymarkets.ae/when-are-the-german-retail-sales-and-how-could-they-affect-eur-usd/): The German Retail Sales Overview The Federal Statistics Office of Germany, Destatis, will publish the Retail Sales report on Friday at 07:00 GMT. Germany’s Retail Sales are expected to remain consistent at a 0.2% increase month-over-month (MoM) in October. The annual Retail Sales are also anticipated to remain consistent at 0.2%. How could the German … - [EUR/JPY Bullish outlook prevails above 181.00](https://todaymarkets.ae/eur-jpy-bullish-outlook-prevails-above-181-00/): The EUR/JPY cross trades in negative territory near 181.05 during the early European session in Friday. The Japanese Yen (JPY) edges higher against the Euro (EUR) amid some verbal intervention from Japanese authorities. Traders brace for the release of Germany’s Retail Sales and Consumer Price Index (CPI) inflation data, which will be released later on Friday. In … - [Japanese Yen struggles for a firm intraday direction; USD/JPY benefits from USD uptick](https://todaymarkets.ae/japanese-yen-struggles-for-a-firm-intraday-direction-usd-jpy-benefits-from-usd-uptick/): The Japanese Yen (JPY) struggles to attract any meaningful buyers despite higher than forecast Tokyo consumer inflation data, which backs the case for a further policy tightening by the Bank of Japan (BoJ). Cautious signals from BoJ policymakers indicate that rate normalization will be gradual, forcing investors to reassess expectations for the next policy move. … - [Gold clings to gains near two-week top; remains below $4,200 amid positive risk tone](https://todaymarkets.ae/gold-clings-to-gains-near-two-week-top-remains-below-4200-amid-positive-risk-tone/): Gold (XAU/USD) struggles to capitalize on the Asian session positive move to a two-week top and remains below the $4,200 mark amid mixed fundamental cues. The increasing likelihood of another interest rate cut by the US Federal Reserve (Fed) in December turns out to be a key factor that continues to benefit the non-yielding yellow metal. The intraday … - [South Korean Shares Slide on Chip Weakness](https://todaymarkets.ae/south-korean-shares-slide-on-chip-weakness/): The benchmark KOSPI fell 1.1% to around 3,940 on Friday, reversing gains from previous sessions as a sharp downturn in semiconductor production pressured heavyweight tech names. South Korea posted a notable decline in October industrial output, with chip production plunging 26.5% month-on-month, triggering declines in Samsung Electronics and SK Hynix. Officials noted that the drop … - [China Stocks Rise on Analyst Upgrade](https://todaymarkets.ae/china-stocks-rise-on-analyst-upgrade/): The Shanghai Composite rose 0.1% to around 3,880, while the Shenzhen Component gained 0.3% to 12,910 on Friday, with both indexes set to finish the week higher. The boost came after JPMorgan Chase & Co. upgraded its recommendation on China’s stocks to ‘overweight,’ citing potential upside that outweighs downside risks next year. The bank highlighted … - [Hong Kong Equities Poised to End Month on a Muted Note](https://todaymarkets.ae/hong-kong-equities-poised-to-end-month-on-a-muted-note/): Shares in Hong Kong dropped 65 points or 0.3% to 25,884 in Friday morning trade, snapping a four-session advance amid losses in property and financial stocks. Investors turned cautious ahead of China’s official November PMI figures due over the weekend, after October data showed factory activity shrank for a seventh month, and the services sector … - [Japan 10-Year Yield Gains on Strong Economic Data](https://todaymarkets.ae/japan-10-year-yield-gains-on-strong-economic-data/): Japan’s 10-year government bond yield climbed above 1.81%, nearing fresh 17-year highs, supported by stronger-than-expected economic data. October industrial production and retail sales both beat forecasts, while the unemployment rate remained steady. Tokyo’s core inflation also came in above expectations, keeping the Bank of Japan on track for a potential interest rate hike in the … - [Palm Oil Rises Further But Points to 3rd Straight Monthly Drop](https://todaymarkets.ae/palm-oil-rises-further-but-points-to-3rd-straight-monthly-drop/): Malaysian palm oil futures hovered above MYR 4,100 per tonne on Friday, rising for a third session to a one-week high. Sentiment was lifted by gains in Dalian vegetable oils and ongoing supply concerns after MPOB data showed output rose 3.2% in November 1–20, much slower than October’s 7%–10% gain. In India, the top buyer, … - [India Shares Set to Log Fourth Straight Monthly Gains](https://todaymarkets.ae/india-shares-set-to-log-fourth-straight-monthly-gains/): The BSE Sensex rose 208 points, or 0.2%, to 85,929 in Friday morning deals, gaining for the third consecutive session, supported by expectations of interest rate cuts by both the Fed and the RBI next month. The broader market advanced slightly as traders awaited the GDP release after market hours. Markets consolidated after both major … - [Japan Housing Starts Unexpectedly Expand](https://todaymarkets.ae/japan-housing-starts-unexpectedly-expand/): Japan’s housing starts rose 3.2% year-on-year in October 2025, defying market expectations of a 5.2% decline and reversing a 7.3% fall in September. It was the first annual increase since March, driven by rebounds in rented units (4.2% vs -8.2%), built-for-sale homes (14.8% vs -8.3%), and prefabricated housing (9.2% vs -0.4%). However, weakness persisted in … - [New Zealand Stocks Rebound](https://todaymarkets.ae/new-zealand-stocks-rebound-2/): New Zealand’s benchmark S&P/NZX 50 index rose 0.4% to close at 13,489 on Friday, rebounding from Thursday’s losses. Market sentiment was underpinned by data showing consumer confidence at a five-month high, adding to signs the economy is picking up. The rebound was led by several heavyweight stocks, including Infratil (+2.5%), a2 Milk (+0.8%), Ebos Group … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-8/): What is currently influencing the AUD/USD exchange rate? The AUD/USD pair is moving higher today, with market dynamics shaped primarily by macroeconomic factors coming from both Australia and the United States. The pair is currently trading in the 0.6520–0.6540 USD range per Australian dollar. Persistently high inflation in Australia strengthens expectations that the Reserve Bank of Australia … - [U.S. Holiday Gives Time to Digest U.K Budget](https://todaymarkets.ae/u-s-holiday-gives-time-to-digest-u-k-budget/): With US markets closed for Thanksgiving, UK and European stock indices are mostly drifting a touch lower this morning. The focus remains on the postmortem of the UK budget. UK bond yields are higher this morning, and Gilts are underperforming European peers, after their sharp decline on Wednesday. The pound is the worst performing currency … - [Eurozone Sentiment - Cautious Consumers, Optimistic Services](https://todaymarkets.ae/eurozone-sentiment-cautious-consumers-optimistic-services/): Eurozone (10:00)Money supply M3 (y/y) for October: actual 2,8% (forecast 2.8%; previous 2.8%) Eurozone (11:00) – Economic Sentiment for November:Business sentiment index: actual -0,66 (previous -0.47 -revised)Economic sentiment index: actual 97 (forecast 96.9; previous 96.8)Consumer sentiment index: actual -14,2 (forecast -14; previous -14.2)Producer sentiment index: actual -9,3 (forecast -8; previous -8.2)Services sentiment index: actual 5,7 (forecast … - [Alibaba Bets on Pratical Ai Glasses](https://todaymarkets.ae/alibaba-bets-on-pratical-ai-glasses/): Alibaba has launched the first Quark AI Glasses in China, taking another step in the global race for dominance in the segment of AI-powered wearables. The starting price is 1,899 yuan, or approximately 268 dollars, highlighting the company’s ambitious approach to making the product widely accessible on its home market. Deep integration with Alipay and … - [CD Projekt (CDR.PL) - Quarterly Earnings Beat Market Consensus](https://todaymarkets.ae/cd-projekt-cdr-pl-quarterly-earnings-beat-market-consensus/): In the third quarter of 2025, CD Projekt (CDR.PL) presented results that clearly confirm the thesis of Cyberpunk’s “second life”. The company not only beat market consensus on every key level (revenue, EBIT, net profit), but also demonstrated its ability to generate strong cash flow at a time when most of its development resources are … - [Bitcoin Climbs Back Above $91,000](https://todaymarkets.ae/bitcoin-climbs-back-above-91000/): Bitcoin rose back above $91,000 in late November, extending its rebound from seven-month lows amid cautious optimism across financial markets driven by expectations of a deeper US Federal Reserve rate-cutting path. Markets now price in roughly an 85% chance of a 25 basis point cut in December, up sharply from about 30% a week ago, … - [Economic Calendar - ECB Minutes in Focus](https://todaymarkets.ae/economic-calendar-ecb-minutes-in-focus/): Today, on Thanksgiving in the US, American markets will remain closed, meaning there will be no major US data releases and liquidity on global financial markets will be limited. In this environment, investors will closely monitor events in Europe and Canada, where key consumer and economic sentiment indicators are scheduled. The main focus will be … - [Australian Stocks End Slightly Higher](https://todaymarkets.ae/australian-stocks-end-slightly-higher/): The S&P/ASX 200 edged 0.1% higher to close at 8,617 on Thursday, supported by gains in gold and tech stocks, while a hotter inflation reading tempered expectations for monetary easing and rekindled concerns about a potential rate hike. The caution followed Wednesday’s data showing consumer prices rising for a fourth straight month in October, pushing … - [EUR/USD climbs above 1.1600; eyes 200-day SMA barrier amid weaker USD](https://todaymarkets.ae/eur-usd-climbs-above-1-1600-eyes-200-day-sma-barrier-amid-weaker-usd/): The EUR/USD pair prolongs its uptrend for the fourth consecutive day and climbs beyond the 1.1600 mark, to a one-and-a-half-week top, during the Asian session on Thursday. The momentum is sponsored by the prevalent selling bias surrounding the US Dollar (USD), and lifts spot prices closer to a technically significant 200-day Simple Moving Average (SMA) … - [GBP/USD gains above 1.3250 as Fed rate cut bets weigh on US Dollar](https://todaymarkets.ae/gbp-usd-gains-above-1-3250-as-fed-rate-cut-bets-weigh-on-us-dollar/): GBP/USD continues its winning streak for the sixth successive session, trading around 1.3260 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December. US data showed unexpectedly low Initial Jobless Claims and stronger-than-expected Durable Goods Orders, yet rate-cut expectations remained intact. The … - [Japanese Yen stands firm near one-week high against USD](https://todaymarkets.ae/japanese-yen-stands-firm-near-one-week-high-against-usd/): The Japanese Yen (JPY) remains on the front foot against a weaker US Dollar (USD) through the Asian session on Thursday and currently trades near a one-week top, touched the previous day. Investors remain alert amid the possibility that Japanese authorities could step in to stem any further weakness in the domestic currency. This, along … - [USD/CAD Falls toward lower ascending channel boundary near 1.4000](https://todaymarkets.ae/usd-cad-falls-toward-lower-ascending-channel-boundary-near-1-4000/): USD/CAD extends its losses for the third successive session, trading around 1.4030 during the Asian hours on Thursday. The daily chart’s technical setup reflects a persistent bullish bias, with the pair remaining within its ascending channel pattern. The USD/CAD pair holds above the rising 50-day Exponential Moving Average (EMA) at 1.3990, while the nine-day EMA at … - [Australian Dollar strengthens as US Dollar dips on Fed rate cut odds](https://todaymarkets.ae/australian-dollar-strengthens-as-us-dollar-dips-on-fed-rate-cut-odds/): The Australian Dollar (AUD) gains against the US Dollar (USD) on Thursday, extending its gains for the fifth successive session. The AUD/USD pair gains ground as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December. The Australian Bureau of Statistics (ABS) released Private Capital Expenditure on Thursday, which rose by 6.4% … - [US Dollar Index retreats below 99.50 on rate cut expectations](https://todaymarkets.ae/us-dollar-index-retreats-below-99-50-on-rate-cut-expectations/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 99.45 during the early European trading hours on Thursday. The DXY extends its downside on the growing expectations that the US Federal Reserve (Fed) will deliver a rate cut in the December policy … - [Gold Hovers Near Two-Week High](https://todaymarkets.ae/gold-hovers-near-two-week-high/): Gold prices dipped to around $4,150 per ounce on Thursday but remained near a two-week high, as investors continued to anticipate a Federal Reserve rate cut next month. Recent data showed that initial jobless claims came in surprisingly low and durable goods orders were stronger than expected, but this did not deter expectations for rate … - [China Stocks Climb on Tech Boost](https://todaymarkets.ae/china-stocks-climb-on-tech-boost/): The Shanghai Composite rose 0.6% to above 3880, while the Shenzhen Component gained 1.2% to 13060 on Thursday, with mainland shares hitting one-week highs amid a sharp rebound in technology names. Sentiment improved after Alibaba reported stronger-than-expected revenue and pledged to invest aggressively in AI infrastructure. Chinese equities also tracked a strong lead from Wall … - [South Korean Shares Rise on Global Tech Momentum](https://todaymarkets.ae/south-korean-shares-rise-on-global-tech-momentum/): The benchmark KOSPI advanced by 1.2% to around 4,010 on Thursday, extending its upward momentum as investors tracked another round of gains on Wall Street. Hopes for a near-term US rate cut strengthened after major US indexes rallied overnight, lifting overall risk appetite across Asia and helping the KOSPI reclaim the 4,000 level. Tech-driven sentiment … - [Won Rises on Steady Policy, Improved Economic Forecast](https://todaymarkets.ae/won-rises-on-steady-policy-improved-economic-forecast/): The South Korean won appreciated to around 1,465 per dollar on Thursday, reversing losses from the previous session as investors digested the latest policy signal from the Bank of Korea. The central bank maintained its benchmark interest rate at 2.5 percent, a decision regarded as supportive of currency stability amid gradually improving financial conditions. The … - [Hong Kong Shares Extend Gains for 4th Session](https://todaymarkets.ae/hong-kong-shares-extend-gains-for-4th-session/): Hong Kong stocks rose 82 points, or 0.3%, to 26,012 in early deals on Thursday, increasing for a fourth session after Wall Street overnight logged its fourth straight advance on growing expectations of a Fed rate cut in December. All sectors in the Hang Seng index traded higher, with tech and property shares leading the … - [Offshore Yuan Retreats on Weak Fixing](https://todaymarkets.ae/offshore-yuan-retreats-on-weak-fixing/): The offshore yuan weakened to around 7.07 per dollar, retreating from a thirteen-month high reached in the previous session following the People’s Bank of China’s first weaker-than-expected fixing in months. The central bank set the daily midpoint at 7.0779 per dollar, softer than Reuters’ forecast of 7.0733. This marked the first downside surprise in the … - [Silver Hovers Near Record Highs](https://todaymarkets.ae/silver-hovers-near-record-highs/): Silver traded just below $53 per ounce on Thursday, hovering near record highs amid growing expectations that the US Federal Reserve will cut interest rates further. Markets now price in roughly an 85% chance of a 25 basis point cut in December, up sharply from about 30% a week ago, with three additional cuts anticipated … - [Copper Firms on Codelco Premium Push](https://todaymarkets.ae/copper-firms-on-codelco-premium-push/): Copper futures climbed toward $5.1 per pound, reaching a four-week high after Chilean producer Codelco offered record-high prices to Chinese buyers, signaling a potential shift to prioritize US consumers. Codelco’s offers came at a $350 per ton premium over London Metal Exchange prices, up from $89 per ton agreed in last year’s negotiations. The move … - [Palm Oil Rises Further](https://todaymarkets.ae/palm-oil-rises-further/): Malaysian palm oil futures rose for a second session on Thursday, hovering around MYR 4,060 per tonne amid strength in Dalian edible oils and extended bargain hunting. Prices recovered further from a five-month low hit earlier this week, on growing expectations that India, the world’s largest buyer, may lift imports by about 20% in the … - [Sensex Nears Record, Nifty Hits Fresh Record Peak](https://todaymarkets.ae/sensex-nears-record-nifty-hits-fresh-record-peak/): The BSE Sensex rose 227 points, or 0.4%, to 85,909, nearing a record high, while the Nifty 50 climbed to 26,280, hitting a fresh record in Thursday morning trade. The gains tracked a rally on Wall Street overnight, buoyed by bets on a Fed interest rate cut next month. Expectations that the RBI may ease … - [New Zealand Stocks Close 1% Lower](https://todaymarkets.ae/nzx-50-pares-gain-amid-rbnzs-hawkish-outlook-2/): New Zealand’s benchmark S&P/NZX 50 index fell 1% to end at 13,432 on Thursday, weighed down by losses across most sectors. Heath tech and utility stocks were among the hardest hit, with heavyweights Fisher & Paykel (-1.7%), Ebos Group (-2.3%), Meridian Energy (-1.9%), Contact Energy (-1.5%), and Mercury NZ (-1.55%) posting notable declines. The market … - [Cattle Bulls Gobble Up Gains Ahead of the Holiday](https://todaymarkets.ae/cattle-bulls-gobble-up-gains-ahead-of-the-holiday/): Live cattle futures were $4 to $5.70 higher on the Wednesday session. There have been some light cash trade picked up in the north this week at $208-210, with dressed trade at $330. Wednesday’s Fed cattle online exchange saw $216 BidTheGrid™ sales on 95 the 2,052 head offered, with other bids of $211 to $212. Feeder … - [Soybeans Head into Holiday with Gains](https://todaymarkets.ae/soybeans-head-into-holiday-with-gains/): Soybeans were 5 to 7 cents higher across the front months on Wednesday, as bulls were busy buying ahead of the holiday. The cmdtyView national average Cash Bean price was 6 3/4 cents higher to $10.59 3/4. Soymeal futures were mixed, with contracts withing 50 cents of unchanged, as Soy Oil futures were 32 to 57 points higher.  The market will … - [Corn Rallies ](https://todaymarkets.ae/corn-rallies/): Corn bulls were in rally mode on Wednesday, with contracts 7 to 8 cents higher ahead of the Thanksgiving break. Friday is first notice day for December futures. The CmdtyView national average Cash Corn price closed the day at $4.04. The market will be closed on Thursday for Thanksgiving, with a hard open at 8:30 CST on … - [Wheat Pulls Off Highs to Head into Holiday Break](https://todaymarkets.ae/wheat-pulls-off-highs-to-head-into-holiday-break/): The wheat complex eased back in some contracts on Wednesday, with the three exchanges closing mixed. Chicago SRW futures were trading 1 to 2 cents higher on Wednesday. KC HRW futures were steady to 4 cents in the green on the day. MPLS spring wheat futures were down 2 to 4 cents. Friday is first … - [Coffee Prices Settle Lower on Improved Global Supply Outlook](https://todaymarkets.ae/coffee-prices-settle-lower-on-improved-global-supply-outlook/): March arabica coffee (KCH26) on Wednesday closed down -3.60 (-0.94%), and January ICE robusta coffee (RMF26) closed down -46 (-1.01%). Coffee prices settled lower on Wednesday after the European Parliament approved a 1-year delay to the deforestation law, which should keep global coffee supplies ample.  The EU regulation, known as EUDR, aims to tackle deforestation … - [Cocoa Prices Fall as EU Delays Deforestation Rules](https://todaymarkets.ae/cocoa-prices-fall-as-eu-delays-deforestation-rules/): March ICE NY cocoa (CCH26) on Wednesday closed down -6 (-0.12%), and December ICE London cocoa #7 (CAZ25) closed down -10 (-0.27%). Cocoa prices settled lower on Wednesday but remained above last Wednesday’s 1.75-year nearest-future lows after the European Parliament approved a 1-year delay to the deforestation law, keeping cocoa supplies ample.  The EU regulation, … - [Sugar Prices Jump on Signs of Smaller Brazil Sugar Output](https://todaymarkets.ae/sugar-prices-jump-on-signs-of-smaller-brazil-sugar-output/): March NY world sugar #11 (SBH26) on Wednesday closed up +0.23 (+1.54%), and March London ICE white sugar #5 (SWH26) closed up +5.70 (+1.33%). Sugar prices rallied sharply to 5-week highs on Wednesday after StoneX cut its Brazil 2026/27 Center-South sugar production estimate to 41.5 MMT from a September estimate of 42.1 MMT.   Sugar … - [Cotton Heads into the Holiday with Gains](https://todaymarkets.ae/cotton-heads-into-the-holiday-with-gains/): Cotton futures were up 30 to 99 34 points in the nearby contracts on Wednesday. Crude oil futures were up 60 cents per barrel at $58.55 on the day, with the US dollar index $0.069 lower to $99.520. The markets will be closed on Thursday. The November 25 online auction from The Seam showed 6,457 … - [Chart of The Day - NZD/USD](https://todaymarkets.ae/chart-of-the-day-nzd-usd/): The Reserve Bank of New Zealand (RBNZ) cut the official cash rate (OCR) by 25 bp to 2.25%, in line with expectations, likely marking the final step in the easing cycle that began in 2024. The decision was made in an environment where CPI inflation stands at 3%, the upper end of the 1–3% target … - [U.K. Economy - Budget check list](https://todaymarkets.ae/u-k-economy-budget-check-list/): It’s finally here, in a few hours we will be told what fiscal measures will be included in this year’s UK Budget. This will end one of the most speculative Budgets in recent memory. No room for surprises You might ask, is there anything that we don’t know about this Budget? We have already been … - [China Stocks Track Global Peers Higher](https://todaymarkets.ae/china-stocks-track-global-peers-higher/): The Shanghai Composite rose 0.15% to around 3,875, while the Shenzhen Component gained 0.8% to 12,880 on Wednesday, marking a third straight session of gains as mainland stocks mirrored global markets amid growing bets on a US Federal Reserve rate cut next month. Expectations for a cut strengthened after the latest US data pointed to … - [Hong Kong Stocks Rise for 3rd Session](https://todaymarkets.ae/hong-kong-stocks-rise-for-3rd-session/): Hong Kong shares rose 83 points, or 0.3%, to 25,974 on Wednesday morning deals, extending gains for a third straight session. Sentiment improved further following a strong lead from Wall Street overnight, as weaker U.S. consumer confidence and soft retail data reinforced expectations of another Fed rate cut in December. Property and financial stocks in … - [China 10-Year Yield Nears 7-Week High](https://todaymarkets.ae/china-10-year-yield-nears-7-week-high/): China’s 10-year government bond yield rose toward 1.83%, approaching its highest level in seven weeks, as investors increasingly moved away from bonds amid signs that the People’s Bank of China is hesitant to introduce further monetary stimulus, while Beijing continues to prioritize fiscal support measures. This combination is weighing on the bond market, as limited … - [AUS 10-Year Yield Rises on Hot CPI Data](https://todaymarkets.ae/aus-10-year-yield-rises-on-hot-cpi-data/): Australia’s 10-year government bond yield rose to 4.48%, its highest in more than six months, after higher-than-expected inflation data reinforced the view that the Reserve Bank’s policy easing cycle may be over. Headline inflation increased to 3.8% in October from 3.6% in September, beating expectations of 3.6%. More importantly, core inflation edged up to 3.3% … - [Palm Oil Rises After 4-Day Slump](https://todaymarkets.ae/palm-oil-rises-after-4-day-slump/): Malaysian palm oil futures advanced over 1% to around MYR 4,040 per tonne on Wednesday, snapping a four-session decline as bargain hunting emerged after prices hit a near five-month low. A rise in rival oils on the Chicago exchange and a mild recovery in crude oil prices also supported sentiment. Traders noted that top buyer … - [Indian Stocks Snap 3-Day Losing Streak](https://todaymarkets.ae/indian-stocks-snap-3-day-losing-streak/): The BSE Sensex rose 580 points, or 0.7%, to 85,167 in morning trade on Wednesday, halting a three-day losing streak. The gain tracked a rise in Asian peers and followed an overnight rally on Wall Street, buoyed by optimism over a possible Fed rate cut next month. The Nifty 50 also climbed 0.7%, while mid-cap … - [Japan Leading Index Revised Up to 11-Month High](https://todaymarkets.ae/japan-leading-index-revised-up-to-11-month-high/): Japan’s leading economic index, which gauges the outlook for the coming months based on indicators such as job offers and consumer sentiment, was revised higher to 108.6 in September 2025, up from the preliminary estimate of 108.0. The latest reading is the highest since October 2024 and above August’s 107.0, supported by stronger household spending, … - [NZX 50 Pares Gain Amid RBNZ’s Hawkish Outlook](https://todaymarkets.ae/nzx-50-pares-gain-amid-rbnzs-hawkish-outlook/): New Zealand’s benchmark S&P/NZX 50 index closed 0.6% higher at 13,562 on Wednesday, trimming some of its early gains, after the Reserve Bank cut rates as expected but offered a more hawkish outlook. The index jumped as much as 2% to reach an all-time high earlier in the session. The RBNZ reduced its cash rate … - [GBP/USD rises to near 1.3200 ahead of UK Autumn Budget](https://todaymarkets.ae/gbp-usd-rises-to-near-1-3200-ahead-of-uk-autumn-budget/): GBP/USD continues its winning streak for the fifth consecutive day, trading around 1.3190 during the Asian hours on Wednesday. Traders await the UK Chancellor of the Exchequer, Rachel Reeves, to deliver the Autumn Budget later in the day. The British Finance Minister Rachel Reeves is expected to unveil tens of billions of pounds in new … - [USD/CNH hits 13-month lows below 7.0800 as Fed rate cut bets increase](https://todaymarkets.ae/usd-cnh-hits-13-month-lows-below-7-0800-as-fed-rate-cut-bets-increase/): USD/CNH extends its losses for the fourth consecutive day, reaching a 13-month low of 7.0782 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) comes under pressure, with softer United States (US) economic data boosting expectations of a Federal Reserve (Fed) rate cut in December. The CME FedWatch Tool suggests that markets … - [WTI drifts higher above $58.00 on Fed rate cut hopes](https://todaymarkets.ae/wti-drifts-higher-above-58-00-on-fed-rate-cut-hopes/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.15 during the Asian trading hours on Wednesday. The WTI edges higher on the prospect of the US Federal Reserve (Fed) rate reduction and a weaker US Dollar (USD) broadly. Traders brace for the release of the Energy Information Administration (EIA) crude oil stockpiles report later on Wednesday.  The USD edges … - [XAG/USD gains further to near $52 as US yields remain under pressure](https://todaymarkets.ae/xag-usd-gains-further-to-near-52-as-us-yields-remain-under-pressure/): Silver price (XAG/USD) extends its three-day recovery move to near $52.00 during the Asian trading session on Wednesday. The white metal strengthens as yields on interest-bearing assets have remained under pressure due to growing expectations that the Federal Reserve (Fed) could reduce interest rates again this year. At the time of writing, 10-year United States (US) Treasury yields … - [EUR/JPY remains range-bound below 181.00 as hawkish BoJ bets counter ECB optimism](https://todaymarkets.ae/eur-jpy-remains-range-bound-below-181-00-as-hawkish-boj-bets-counter-ecb-optimism/): The EUR/JPY pair struggles to capitalize on a modest intraday uptick on Wednesday and remains below the 181.00 round figure through the Asian session. Meanwhile, mixed fundamental cues keep spot prices confined in the weekly range and warrant some caution before placing aggressive directional bets. The Japanese Yen (JPY) gets a minor lift after reports … - [Australian Dollar rises as CPI beats forecasts, RBA policy in focus](https://todaymarkets.ae/australian-dollar-rises-as-cpi-beats-forecasts-rba-policy-in-focus/): The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday, extending its gains for the fourth successive session. The AUD/USD pair holds ground after the Australian Bureau of Statistics (ABS) released the first “complete” monthly Consumer Price Index (CPI), which climbed by 3.8% year-over-year (YoY) in October. The reading surpassed the market consensus … - [Japanese Yen retreats from one-week top against weaker USD; downside seems limited](https://todaymarkets.ae/japanese-yen-retreats-from-one-week-top-against-weaker-usd-downside-seems-limited/): The Japanese Yen (JPY) retreats from a one-week top, touched against a broadly weaker US Dollar (USD) during the Asian session on Wednesday, though the downside seems limited. Despite reports that the Bank of Japan (BoJ) is ramping up rate hike messaging, the prospect for further policy tightening in December or January is still finely … - [USD/CHF slides to mid-0.8000s, further away from nearly three-week top amid weaker USD](https://todaymarkets.ae/usd-chf-slides-to-mid-0-8000s-further-away-from-nearly-three-week-top-amid-weaker-usd/): The USD/CHF pair is seen extending the previous day’s pullback from a nearly three-week top – levels just above the 0.8100 mark – and losing ground for the second straight day on Wednesday. The slide is sponsored by the prevalent US Dollar (USD) selling bias and drags spot prices to mid-0.8000s, closer to the lower … - [Gold clings to gains near two-week high as USD slides amid rising Fed rate cut bets](https://todaymarkets.ae/gold-clings-to-gains-near-two-week-high-as-usd-slides-amid-rising-fed-rate-cut-bets/): Gold (XAU/USD) sticks to its intraday gains near a one-and-a-half week top, touched during the Asians session on Wednesday, and seems poised to appreciate further amid dovish US Federal Reserve (Fed) expectations. Traders ramped up their bets for another interest rate cut by the US central bank after data released on Tuesday pointed to signs of cooling inflation. … - [Cattle Post Turnaround Bounce](https://todaymarkets.ae/cattle-post-turnaround-bounce/): Live cattle futures closed with 20 cent losses in the nearbys and other nearby contracts higher. There have been some light cash trade picked up in the north this week at $208-210, with dressed trade at $330. Tuesday’s Fed cattle online exchange saw no sales on the 2,052 head offered, with bids of $207 in NM … - [Soybeans Pop Higher ](https://todaymarkets.ae/soybeans-pop-higher/): Soybeans futures were higher at the Tuesday close with contracts up 1 to 3 cents on the day. The cmdtyView national average Cash Bean price was 1 3/4 cents higher to $10.52. Soymeal futures were up $1.70 to $2.80, with Soy Oil futures steady to 13 points higher. USDA released delayed Export Sales data on Tuesday morning, with beans coming in … - [Wheat Posts Gains](https://todaymarkets.ae/wheat-posts-gains/): The wheat complex posted Tuesday strength across the three markets. Chicago SRW futures saw 4 to 5 cent gains on the Tuesday session. KC HRW futures were 5 to 6 cents in the green at the close. MPLS spring wheat futures were up 12 ¼ cents in the December contracts, with other months 4 to … - [Palm Oil Inches Higher on Seasonal Demand Prospects](https://todaymarkets.ae/palm-oil-inches-higher-on-seasonal-demand-prospects/): Malaysian palm oil futures edged up to hover around MYR 4,000 per tonne on Wednesday, rebounding from the prior session’s weakness. Prices found support from a softer ringgit and stronger rival edible oils in Dalian and Chicago, while demand expectations have improved ahead of the Lunar New Year and Ramadan fasting month in February. Still, … - [India Shares Extend Losses for Third Session](https://todaymarkets.ae/india-shares-extend-losses-for-third-session/): The BSE Sensex dropped 181 points, or 0.2%, to 84,882 in morning trade on Wednesday, down for the third consecutive session amid concerns over geopolitical tensions and the potential impact of fresh US tariffs. Traders also anticipated the release of US jobs data to guide the Fed’s monetary policy, as well as consumer and producer … - [China Stocks Extend Gains to Multi-Year Highs](https://todaymarkets.ae/china-stocks-extend-gains-to-multi-year-highs/): The Shanghai Composite rose 0.3% to around 4,095, while the Shenzhen Component added 0.35% to 14,070 on Wednesday, with mainland equities climbing to fresh multi-year highs amid optimism over China’s progress in artificial intelligence and other advanced technologies. Expectations of additional policy support further boosted sentiment after the central bank signaled plans to cut the … - [New Zealand Shares End at Record High](https://todaymarkets.ae/new-zealand-shares-end-at-record-high/): New Zealand’s benchmark S&P/NZX 50 index rose 0.4% on Wednesday, closing at an all-time high of 13,715, driven largely by gains in the health tech and non-energy minerals sectors. The local market followed an upbeat session on Wall Street overnight, as investors appeared to look past US intervention in Venezuela and instead focused on upcoming … - [Iron Ore Gains on China Demand Hopes](https://todaymarkets.ae/iron-ore-gains-on-china-demand-hopes/): Iron ore futures climbed above CNY 810 per tonne, nearing the highest levels since February last year, as optimism grew that fresh policy support from top consumer China would lift demand. The People’s Bank of China said it plans to lower the reserve requirement ratio and cut key policy rates this year to ensure ample … - [Copper Pulls Back From All-Time High](https://todaymarkets.ae/copper-pulls-back-from-all-time-high/): Copper futures slipped toward $5.9 per pound on Wednesday, retreating from record highs and tracking a broader pullback across the metals complex as investors took profits. Commodities also faced pressure from a firmer dollar as markets braced for a heavy slate of US economic data that could shape the Federal Reserve’s policy outlook. Meanwhile, China’s … - [Nat-Gas Prices Sink on Forecasts for Above-Normal US Temps](https://todaymarkets.ae/nat-gas-prices-sink-on-forecasts-for-above-normal-us-temps/): February Nymex natural gas (NGG26) on Tuesday closed down -0.173 (-4.91%), Feb nat-gas prices extended their week-long plunge on Tuesday to a new 2.25-month nearest-futures low.   Forecasts for above-normal US temperatures that will curb heating demand and allow for nat-gas inventories to rebuild are hammering prices.  Forecaster Xweather said Tuesday that above-normal temperatures will … - [Crude Prices Retreat on Dollar Strength and Energy Demand Concerns](https://todaymarkets.ae/crude-prices-retreat-on-dollar-strength-and-energy-demand-concerns/): February WTI crude oil (CLG26) on Tuesday closed down -1.19 (-2.04%), and February RBOB gasoline (RBG26) closed down -0.0194 (-1.13%). Crude oil and gasoline prices gave up an early advance on Tuesday and sold off sharply as the dollar strengthened.  Crude prices also retreated amid concerns about energy demand, after Saudi Arabia cut the price … - [Cattle Extend Gains](https://todaymarkets.ae/cattle-extend-gains-2/): Live cattle futures closed Tuesday with gains of 50 to 75 cents. Cash trade has been quiet so far this week with last week reported at $232-233 across the country. Feeder cattle futures posted another rally of $3.20 to $3.45 across most contracts on Tuesday. The CME Feeder Cattle Index was up another $9.26 to $362.37 … - [Soybeans Fall](https://todaymarkets.ae/soybeans-fall/): Soybeans reverted lower from the midday gains, as contracts were down 5 to 7 cents at midday. The cmdtyView national average Cash Bean price was 5 cents lower at $9.82 1/4. Soymeal futures were 20 cents to $1.30 higher at the close, with Soy Oil futures down 38 to 47 points.  Reuters reported that China bought 10 cargoes of US soybeans … - [Corn Closes with Slight Losses](https://todaymarkets.ae/corn-closes-with-slight-losses/): Corn futures failed to hold onto the midday gains on Tuesday, with contracts fractionally to 2 cents in the red. The CmdtyView national average Cash Corn price is up 1 3/4 cents at $4.08 ½.  Total export sales commitments are now at 50.538 MMT, which is now 30% larger than the same period last year. That is … - [Wheat Slips Back](https://todaymarkets.ae/wheat-slips-back/): The wheat complex failed to hold the Tuesday gains into the close. Chicago SRW futures were 2 to 3 cents lower on Tuesday. KC HRW futures saw steady to fractionally higher trade at Tuesday’s close. MPLS spring wheat closed the day with contracts 4 cent losses. The next 7 day forecast from NOAA shows 1-2 … - [Coffee Prices Surge on Brazil Dryness and Brazilian Real Strength](https://todaymarkets.ae/coffee-prices-surge-on-brazil-dryness-and-brazilian-real-strength/): March arabica coffee (KCH26) on Tuesday closed up +14.50 (+4.04%).  March ICE robusta coffee (RMH26) closed up +89 (+2.27%). Coffee prices rallied sharply on Tuesday, with arabica posting a 4-week high.  Below-average rainfall in Brazil, the world’s largest arabica producer, is supporting arabica coffee.  Somar Meteorologia reported Monday that Brazil’s largest arabica coffee-growing area, Minas … - [Cocoa Prices Slide as Dollar Strength Spurs Long Liquidation Pressures](https://todaymarkets.ae/cocoa-prices-slide-as-dollar-strength-spurs-long-liquidation-pressures/): March ICE NY cocoa (CCH26) on Tuesday closed down -123 (-2.02%).  March ICE London cocoa #7 (CAH26) closed down -67 (-1.54%). Cocoa prices settled lower on Tuesday, giving back some of Monday’s sharp gains.  Dollar strength (DXY00) on Tuesday spurred long liquidation pressures in cocoa futures. On Monday, cocoa prices rallied sharply on signs of … - [Sugar Prices Finish Higher as the Brazilian Real Rallies](https://todaymarkets.ae/sugar-prices-finish-higher-as-the-brazilian-real-rallies/): March NY world sugar #11 (SBH26) on Tuesday closed up +0.03 (+0.20%).  March London ICE white sugar #5 (SWH26) closed up +2.50 (+0.59%). Sugar prices recovered from early losses on Tuesday and settled slightly higher as strength in the Brazilian real prompted some short covering in sugar futures.  The real (^USDBRL) climbed to a 1-month … - [Cotton Extends Higher ](https://todaymarkets.ae/cotton-extends-higher/): Cotton futures followed the Monday strength with Tuesday gains of 40 to 45 points at the close. Crude oil futures were back down $1.35 per barrel at $56.97. The US dollar index was up $0.353 at $98.335.  Export sale commitments for cotton have reached 6.5 million RB as of 12/25, down 15% from the same … - [USD/CHF softens to near 0.7950 as Venezuela crisis supports Swiss Franc](https://todaymarkets.ae/usd-chf-softens-to-near-0-7950-as-venezuela-crisis-supports-swiss-franc/): The USD/CHF pair trades in negative territory near 0.7950 during the early European session on Wednesday. The US Dollar (USD) weakens against the Swiss Franc (CHF) amid persistent geopolitical tensions and dovish comments from the US Federal Reserve (Fed) officials. Traders will keep an eye on the US ISM Services Purchasing Managers Index (PMI) report later on Wednesday. The … - [European Indices Extend Gains](https://todaymarkets.ae/european-indices-extend-gains/): European stock markets continued their New Year rally into the second trading day of the week. The STOXX 600 index is up 0.20% to 603 points, after setting a new record high on Monday. Broader risk appetite remained intact despite geopolitical tensions surrounding Venezuela, supported by broad-based gains in Asia — particularly among Chinese technology … - [OPEC+ keeps production steady as expected – Commerzbank](https://todaymarkets.ae/opec-keeps-production-steady-as-expected-commerzbank/): OPEC+ producers confirmed plans to maintain current output until March, with minor deviations from Kazakhstan, Iraq, and Russia. Saudi Arabia cut official selling prices for the third consecutive month, signaling limited scope for higher production and keeping premiums at five-year lows, Commerzbank’s commodity analyst Barbara Lambrecht notes. Oil supply gains constrained amid price adjustments “After … - [European Natural Gas Holds Near 20-Month Low](https://todaymarkets.ae/european-natural-gas-holds-near-20-month-low/): European natural gas prices were at the €28 per MWh mark in early January, remaining relatively close to the 20-month low of €26.8 tested through mid-December as ample supply levels lowered asking prices in Europe’s main gas hubs. Record-high gas output in the US throughout last year and the culmination of fresh supply contracts with … - [France 10-Year OAT Yields Stabilize as Inflation Eases](https://todaymarkets.ae/france-10-year-oat-yields-stabilize-as-inflation-eases/): France’s 10-year OAT yield held steady around 3.6% as investors absorbed fresh European inflation data. Preliminary figures showed France’s EU-harmonized consumer price index, a key gauge for the European Central Bank, rose 0.7% year on year, marking the weakest reading since May and below market expectations of 0.8%. Meanwhile, regional German CPI data indicated a … - [Germany 10-Year Bund Yield Dips on Cooling Inflation](https://todaymarkets.ae/germany-10-year-bund-yield-dips-on-cooling-inflation/): Germany’s 10-year Bund yield slipped to 2.86% as investors digested fresh European inflation data. Regional CPI figures showed a slowdown in price pressures, with inflation in North Rhine-Westphalia, the country’s most populous state, falling to a five-month low of 1.8% in December. Meanwhile, French consumer prices rose less than expected, adding to the broader signs … - [US Logistics Sector Slows Again in December](https://todaymarkets.ae/us-logistics-sector-slows-again-in-december/): The Logistics Manager’s Index in the US fell for a second consecutive month to 54.2 in December 2025 from 55.7 in each of the previous two months. The reading pointed to the slowest expansion in the logistics sector since April 2024, with the majority of the downward pressure coming from inventory and warehousing markets. There … - [USD pulls back as risk-on mood boosts GBP – OCBC](https://todaymarkets.ae/usd-pulls-back-as-risk-on-mood-boosts-gbp-ocbc/): The safe haven US Dollar (USD) lost ground after an early firm start, tracking the broader risk-on mood, while Pound Sterling (GBP) outperformed G10 peers overnight, OCBC’s FX analysts Sim Moh Siong and Christopher Wong note. Fed cuts and AI growth shape market outlook “Despite stronger risk assets, gold surged as markets digested US intervention in Venezuela and a … - [USD/CNH: Likely to trade in a range between 6.9720 and 6.9920 – UOB Group](https://todaymarkets.ae/usd-cnh-likely-to-trade-in-a-range-between-6-9720-and-6-9920-uob-group/): US Dollar (USD) is likely to trade in a range between 6.9720 and 6.9920. In the longer run, deeply oversold conditions and waning momentum suggest the downside potential could be limited to a test of 6.9590, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Downside potential might be limited to a test … - [Oil: Venezuela shift may pressure Oil prices – OCBC](https://todaymarkets.ae/oil-venezuela-shift-may-pressure-oil-prices-ocbc/): Political transition in Venezuela could revive its Oil sector and weigh on global Oil prices, though OPEC’s quota pause provides some support for Brent. Amid geopolitical uncertainty and ongoing central-bank demand, Gold remains a preferred safe-haven, with a 2026 year-end target of $4,800, OCBC’s FX analysts Sim Moh Siong and Christopher Wong note. OPEC pause … - [USD/JPY: Might trade in a choppy manner between 156.20 and 157.20 – UOB Group](https://todaymarkets.ae/usd-jpy-might-trade-in-a-choppy-manner-between-156-20-and-157-20-uob-group/): Outlook is mixed; US Dollar (USD) could trade in a choppy manner between 156.20 and 157.20. In the longer run, USD is likely to trade in a range between 155.60 and 157.50, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. USD/JPY is likely to trade in a range 24-HOUR VIEW: “We stated yesterday … - [FTSE Hits Record And Outperforms it's Peers](https://todaymarkets.ae/ftse-hits-record-and-outperforms-its-peers/): The FTSE 100 made a fresh record high this morning, as the New Year rally continues in the UK. Interestingly, the wider picture for financial markets is more nuanced on Tuesday after a strong start for 2026. European stocks are weakening today and US futures are also pointing to a lower open. The S&P 500 … - [Chart of The Day - OIL.WTI](https://todaymarkets.ae/14678-2/): US actions in Venezuela following the seizure of power from Nicolás Maduro are now focused on rebuilding the country’s devastated oil sector. Energy Secretary Chris Wright is expected to meet this week with major US oil companies. The administration hopes that Chevron, ConocoPhillips and others will help restore production after years of neglect and corruption. … - [USD pulls back, mid-range holds since June 2025 – BBH](https://todaymarkets.ae/usd-pulls-back-mid-range-holds-since-june-2025-bbh/): US Dollar (USD) failed to hold yesterday’s gains and is back near the middle of the range in place since June 2025. There is no policy-relevant economic data due today, so markets should be quiet, BBH FX analysts report. FOMC minutes point to potential rate adjustments “Fed speakers today include: Richmond Fed President Tom Barkin (non-voter) … - [European PMIs Slightly Weaker Than Expected](https://todaymarkets.ae/european-pmis-slightly-weaker-than-expected/): 08:15 AM BST, Spain – PMI Data for December: Spain was the clear regional outperformer, with the services PMI rising to a twelve-month high and driving strong composite growth. Input price inflation picked up again, reflecting stronger services-driven cost pressures, while the broader outlook for 2026 remains upbeat. 08:45 AM BST, Italy – PMI Data for December: Italy’s PMI showed that growth remained … - [Italy’s Composite PMI Slips in December](https://todaymarkets.ae/italys-composite-pmi-slips-in-december/): The HCOB Italy Composite PMI fell to 50.3 in December 2025, down sharply from November’s two-and-a-half-year high of 53.8, signaling the slowest pace of private sector expansion in nearly a year. Growth in the services sector moderated, while the manufacturing sector returned to contraction. At the composite level, new business expanded at its weakest rate … - [UK Services Sector PMI Revised Down](https://todaymarkets.ae/uk-services-sector-pmi-revised-down/): The S&P Global UK Services PMI was revised lower to 51.4 in December 2025 from a flash estimate of 52.1, though slightly above November’s 51.3. This marked the eighth consecutive month of expansion in the sector but the pace of growth was only marginal and similar to November. Total new work rebounded in December, with … - [NZD/USD: Likely to trade in a range between 0.5760 and 0.5800 – UOB Group](https://todaymarkets.ae/nzd-usd-likely-to-trade-in-a-range-between-0-5760-and-0-5800-uob-group/): New Zealand Dollar (NZD) is likely to trade in a range between 0.5760 and 0.5800. In the longer run, pullback in NZD has scope to extend, but any further decline is expected to face strong support at 0.5720, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Pullback in NZD has scope to … - [CAD lags as Venezuelan Oil risks weigh – ING](https://todaymarkets.ae/cad-lags-as-venezuelan-oil-risks-weigh-ing/): The Canadian Dollar (CAD) is the weakest G10 currency as markets factor in potential Venezuelan Oil supply and uncertainty around USMCA renegotiations, ING’s FX analyst Francesco Pesole notes. Canadian Dollar vulnerable on USMCA and BoC risks “The Canadian dollar is the worst-performing currency in the G10 since the weekend. Markets are clearly weighing the risks … - [Gold and Silver rally on geopolitical tensions – ING](https://todaymarkets.ae/gold-and-silver-rally-on-geopolitical-tensions-ing/): Gold surged above $4,455/oz and Silver topped $77/oz as geopolitical risk in Venezuela and macro uncertainty drove safe-haven demand. Central bank purchases and expectations of easier monetary policy are underpinning Gold, while Silver benefits from both industrial demand and safe-haven appeal, ING’s commodity experts Ewa Manthey and Warren Patterson note. Central bank buying supports Gold amid … - [AUD/USD: Likely to trade in a higher range of 0.6685/0.6730 – UOB Group](https://todaymarkets.ae/aud-usd-likely-to-trade-in-a-higher-range-of-0-6685-0-6730-uob-group/): The increase in upward momentum is likely to lead to Australian Dollar (AUD) trading in a higher range of 0.6685/0.6730 rather than a sustained advance. In the longer run, AUD is likely to range-trade for now, most likely between 0.6640 and 0.6730, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. AUD is … - [DAX Hovers at Record Highs](https://todaymarkets.ae/dax-hovers-at-record-highs/): The DAX in Frankfurt edged up to around 24,890 on Tuesday, hovering near record highs, as traders continued to monitor geopolitical tensions in Venezuela, while also eyeing fresh economic data, including final PMI surveys and December’s preliminary inflation figures. At the same time, the German government’s multi-billion euro plans for infrastructure and defense for an … - [UK New Car Sales Rebound in December](https://todaymarkets.ae/uk-new-car-sales-rebound-in-december/): New car sales in the UK increased by 3.9% year on year to 146,249 units in December 2025, rebounding from the 1.6% decline in November. Demand was led by private and business buyers, with registrations rising 16.0% and 15.3%, respectively, offsetting a 2.4% decline in fleet registrations. By powertrain, traditional internal combustion vehicles remained under … - [Copper hits record high as supply squeeze intensifies – ING](https://todaymarkets.ae/copper-hits-record-high-as-supply-squeeze-intensifies-ing/): Copper surged to a fresh record high on the LME amid ongoing concerns over tightening supplies, with tariff policy uncertainty and stockpiling intensifying the squeeze on available metal. Prices touched $13,000/t for the first time during Monday’s trading, ING’s commodity experts Ewa Manthey and Warren Patterson note. Tariff risks and stockpiling drive Copper to $13,000 … - [Economic Calendar - PMI Data Reports in Focus](https://todaymarkets.ae/14653-2/): Today’s macroeconomic calendar is relatively light. The main publications will be PMI reports from European countries, followed later by PMI data from the United States. Despite the Epiphany holiday observed in some countries, stock exchanges generally remain open. Trading schedules vary: several exchanges in Central and Eastern Europe — where it is a public holiday … - [EUR: ECB hawks hold line as rate cuts fade – ING](https://todaymarkets.ae/eur-ecb-hawks-hold-line-as-rate-cuts-fade-ing/): Markets remain aligned with European Central Bank (ECB) hawks, who see little scope for further rate cuts despite dovish voices calling for flexibility, ING’s FX analyst Francesco Pesole notes. EUR/USD seen anchoring near 1.170 “Despite some scattered calls for retaining flexibility by ECB doves after the December meeting, markets remain aligned with hawks like Isabel Schnabel, who … - [GBP/USD: Likely to test 1.3560 before levelling off – UOB Group](https://todaymarkets.ae/gbp-usd-likely-to-test-1-3560-before-levelling-off-uob-group/): There is a chance for the sharp rise in Pound Sterling (GBP) to test 1.3560 before levelling off; 1.3590 is not expected to come into view today. In the longer run, GBP could rise to 1.3590; the odds of a continued rise above this level are not high, UOB Group’s FX analysts Quek Ser Leang … - [European Gas prices slide on milder weather outlook – ING](https://todaymarkets.ae/european-gas-prices-slide-on-milder-weather-outlook-ing/): European Natural Gas prices fell sharply as forecasts pointed to warmer weather and strong LNG send-outs eased immediate supply concerns, ING’s commodity experts Ewa Manthey and Warren Patterson note. Gas storage tightens even as prices fall “European Natural Gas prices came under significant pressure yesterday, with TTF falling more than 5.5% over the day. While … - [EUR/USD: Likely to trade between 1.1695 and 1.1750 – UOB Group](https://todaymarkets.ae/eur-usd-likely-to-trade-between-1-1695-and-1-1750-uob-group/): Euro (EUR) appears to have entered a range-trading phase between 1.1695 and 1.1750. In the longer run, bias remains tilted to the downside, but EUR must close below 1.1680 before a move toward 1.1650 can be expected, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Below 1.1680, a move toward 1.1650 can … - [Oil prices volatile as market weighs Maduro arrest – ING](https://todaymarkets.ae/oil-prices-volatile-as-market-weighs-maduro-arrest-ing/): Oil prices had a choppy session yesterday with the market trying to digest the impact of the arrest of President Nicolas Maduro by the US. ICE Brent fell below US$60/bbl at one point during the trading session but settled 1.66% higher on the day at US$61.76/bbl, ING’s commodity experts Ewa Manthey and Warren Patterson note. … - [Hang Seng Jumps 1.4% at Finish](https://todaymarkets.ae/hang-seng-jumps-1-4-at-finish/): The Hang Seng climbed 363 points, or 1.4%, to end at 26,710 on Tuesday, its highest since mid-November, after a muted prior session, boosted by broad-based gains. Sentiment improved on strength in mainland markets, which hit decade highs ahead of the Lunar New Year. Financial and property stocks led with gains of about 2% each, … - [FTSE 100 Hits Fresh Record](https://todaymarkets.ae/ftse-100-hits-fresh-record/): The FTSE 100 rose 0.5% on Tuesday, extending the previous session’s gains and pushing decisively above the 10,000 mark to a new all-time high, driven by strong performances in heavyweight energy stocks BP and Shell, alongside miners, which benefited from a broad rally in metals prices. Retailer NEXT jumped 3% after upgrading its profit guidance, … - [EUR/CAD holds gains near 1.6150 as Oil dips, Germany HICP eyed](https://todaymarkets.ae/eur-cad-holds-gains-near-1-6150-as-oil-dips-germany-hicp-eyed/): EUR/CAD gains ground for the second successive session, trading around 1.6140 during the European hours on Tuesday. The currency cross appreciates as the risk-sensitive Euro (EUR) strengthens, while the commodity-linked Canadian Dollar (CAD) could face pressure amid expectations of renewed United States (US) and corporate access to Venezuela’s vast crude reserves, weighing on Canadian Oil … - [Euro Climbs Back Above $1.17](https://todaymarkets.ae/euro-climbs-back-above-1-17/): The euro rebounded above $1.17, supported by a softer US dollar following weak US manufacturing data, and as investors largely shrugged off the US capture of Venezuelan President Nicolás Maduro. In Europe, economic data pointed to an unexpected slowdown in French inflation in December. The EU-harmonized index of consumer prices, closely monitored by the European … - [France Inflation Rate Unexpectedly Slows](https://todaymarkets.ae/france-inflation-rate-unexpectedly-slows/): France’s annual inflation rate fell to 0.8% in December 2025, its lowest level in seven months, down from 0.9% in each of the previous two months and below expectations of 0.9%, according to preliminary estimates. The easing in inflation was mainly driven by a sharper decline in energy prices (-6.8% vs -4.6%), particularly for petroleum … - [USD/CAD flat lines above mid-1.3700s as softer Oil prices offset USD selling](https://todaymarkets.ae/usd-cad-flat-lines-above-mid-1-3700s-as-softer-oil-prices-offset-usd-selling/): The USD/CAD pair edges lower on Tuesday and looks to extend the previous day’s late retracement slide from the 1.3815 area, or its highest level since December 11. Spot prices, however, manage to hold above mid-1.3700s through the first half of the European session and currently trade nearly unchanged for the day amid mixed cues. The US … - [China Stocks Rally on AI Boost](https://todaymarkets.ae/china-stocks-rally-on-ai-boost/): The Shanghai Composite jumped 1.5% to close at 4,084 while the Shenzhen Component climbed 1.4% to 14,022 on Tuesday, with mainland stocks hitting fresh multi-year highs driven by strong investor appetite for artificial intelligence and related technologies. Sentiment was further supported by growing optimism over China’s economic recovery, underpinned by policy support and ample liquidity … - [South Africa PMI Shows Sharpest Drop in 11 Months](https://todaymarkets.ae/south-africa-pmi-shows-sharpest-drop-in-11-months/): The S&P Global South Africa PMI fell to 47.7 in December 2025 from 49.0 in November, marking the fastest contraction since January. Business activity dropped sharply amid weaker client demand and challenging economic conditions, with output falling at the steepest pace in 11 months. New orders declined again, led by reduced household spending, pullbacks in … - [Bahrain Q3 GDP Posts Strongest Growth in Nearly Two Years](https://todaymarkets.ae/bahrain-q3-gdp-posts-strongest-growth-in-nearly-two-years/): Bahrain’s economy expanded by 4.0% year-on-year in Q3 2025, accelerating from a 2.5% growth in the previous quarter, preliminary data showed. This marked the fastest growth since Q4 2023, driven by a 3.1% increase in the non-oil sector and a sharp rebound in oil activities, which surged 9.3% following a 2.6% contraction in Q2. On … - [WTI declines to near $58.00 amid Venezuela oil flow uncertainty](https://todaymarkets.ae/wti-declines-to-near-58-00-amid-venezuela-oil-flow-uncertainty/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.00 during the early European trading hours on Tuesday. The WTI price declines amid Venezuela uncertainty. Traders continue to assess the potential impact on crude flows from Venezuela following the United States’ (US) capture of Venezuelan President Nicolas Maduro. US President Donald Trump’s plan to … - [South Korean Shares Soar Past 4,500](https://todaymarkets.ae/south-korean-shares-soar-past-4500/): The benchmark KOSPI rose 1.52% to close at 4,525 on Tuesday, setting a fresh record high after opening lower on profit-taking. The early weakness was attributed to foreign investors turning net sellers following about KRW 2.8 trillion in purchases over the past two trading days, but sentiment quickly improved as institutional and retail investors stepped … - [TSMC - Why The Markets Hve Gone Crazy For The Company](https://todaymarkets.ae/tsmc-why-the-markets-hve-gone-crazy-for-the-company/): Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) are reaching new all-time highs. In recent days, the stock on the Taipei Exchange rose by as much as 7%, representing approximately a 50% increase since the beginning of 2025, and the company’s market capitalization has surpassed one trillion dollars. One of the key drivers of this strong growth is … - [Silver Price Forecast: XAG/USD bulls look to build on momentum beyond $79.00](https://todaymarkets.ae/silver-price-forecast-xag-usd-bulls-look-to-build-on-momentum-beyond-79-00/): Silver (XAG/USD) builds on the previous day’s positive move and gains strong follow-through traction for the second straight day on Tuesday. The momentum lifts the white metal to a one-week high heading into the European session, with bulls looking to build on the strength further beyond the $79.00 round figure. The overnight move back above the … - [Platinum Joins The Precious Metals Rally](https://todaymarkets.ae/platinum-joins-the-precious-metals-rally/): Despite the lack of panic in equity markets after the U.S. attack on Venezuela, precious metals moved sharply higher on a jump in safe-haven demand. While the rally briefly cooled mid-session, buying momentum strengthened again during U.S. trading hours, reigniting volatility across the precious metals complex. Platinum is currently leading gains (PLATINUM: +7.2% to USD 2,300), absorbing … - [New Zealand Shares Close Near 6-Week High](https://todaymarkets.ae/new-zealand-shares-close-near-6-week-high/): The S&P/NZX 50 rose 0.6% to 13,664 on Tuesday, closing at its highest level since late November, as broader risk sentiment improved. Fears of wider geopolitical fallout appeared to ease following the US strike on Venezuela. Across the bourse, gains were led by infrastructure-related stocks, with Infratil and Auckland International Airport rising 2.6% and 1.8%, … - [India Services PMI Revised Down to 11-Month Low](https://todaymarkets.ae/india-services-pmi-revised-down-to-11-month-low/): The HSBC India Services PMI was revised lower to 58.0 in December 2025 from a preliminary estimate of 59.1 and a final reading of 59.8 in November, coming in below market forecasts of 59.3. The latest figure marked the softest expansion in the services sector since January, as new business and output eased to 11-month … - [Japan 10-Year Yield Holds at Near 27-Year High](https://todaymarkets.ae/japan-10-year-yield-holds-at-near-27-year-high/): Japan’s 10-year government bond yield held above 2.1%, hovering near its highest level since February 1999, after a solid 10-year bond auction underscored strong investor demand amid elevated yields. The bid-to-cover ratio came in at 3.3, compared with 3.59 at the previous sale and a 12-month average of 3.24. Earlier this week, Bank of Japan … - [Zinc Futures Hit Near 3-Year High](https://todaymarkets.ae/zinc-futures-hit-near-3-year-high/): Zinc futures climbed to around $3,240 per tonne, marking their highest level since late January 2023, supported by tightening inventories and ongoing supply disruptions. On the London Metal Exchange (LME), zinc inventories fell 0.2% to 106,325 tonnes on January 2 from 106,550 tonnes on December 29. On the Shanghai Futures Exchange (SHFE), zinc inventories dropped … - [Copper Hits Fresh All-Time High](https://todaymarkets.ae/copper-hits-fresh-all-time-high/): Copper futures climbed above $6 per pound on Tuesday, hitting new record highs amid expectations of a further tightening in global supply this year. Traders are increasingly concerned that the Trump administration could introduce new tariffs on refined metals, diverting shipments into the US and leaving major trading hubs such as London and Shanghai short … - [EUR/USD Price Forecast: Looks to build on momentum beyond 1.1735 confluence](https://todaymarkets.ae/eur-usd-price-forecast-looks-to-build-on-momentum-beyond-1-1735-confluence/): The EUR/USD pair attracts fresh buyers near the 1.1710 area during the Asian session on Tuesday and builds on the previous day’s solid bounce from the 1.1660 area, or a nearly four-week low. Spot prices currently trade around the 1.1735 region, up 0.10% for the day, and seem poised to climb further amid a supportive … - [USD/CHF ticks down to near 0.7910 as US Dollar falls back](https://todaymarkets.ae/usd-chf-ticks-down-to-near-0-7910-as-us-dollar-falls-back/): The USD/CHF pair edges lower to near 0.7910 during the Asian trading session on Tuesday. The Swiss Franc pair faces mild selling pressure as the US Dollar (USD) extends its correction, following a pullback on Monday. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.12% to … - [Gold retreats slightly from one-week high; holds above $4,450 amid bullish outlook](https://todaymarkets.ae/gold-retreats-slightly-from-one-week-high-holds-above-4450-amid-bullish-outlook/): Gold (XAU/USD) retreats slightly from a one-week high, touched earlier this Tuesday, and trades with only modest intraday gains, above the $4,450 level, heading into the European session. The fundamental backdrop, however, seems tilted in favor of bullish traders and suggests that the path of least resistance for the bullion is to the upside. The … - [Japanese Yen bulls seem noncommittal amid BoJ uncertainty, fiscal concerns](https://todaymarkets.ae/japanese-yen-bulls-seem-noncommittal-amid-boj-uncertainty-fiscal-concerns/): The Japanese Yen (JPY) seesaws between tepid gains/minor losses against a softer US Dollar (USD) and, for now, seems to have stalled its recovery move from a nearly two-week low, touched the previous day. Despite the Bank of Japan’s (BoJ) hawkish outlook, investors remain uncertain about the likely timing of the next interest rate hike. This, … - [GBP/USD Price Reaches fresh three-month highs above 1.3550](https://todaymarkets.ae/gbp-usd-price-reaches-fresh-three-month-highs-above-1-3550/): GBP/USD extends its gains for the second successive session, trading around 1.3560 during the Asian hours on Tuesday. The technical analysis of the daily chart indicates a persistent bullish bias. The 14-day Relative Strength Index (RSI) reached 69.29, near overbought. If the RSI extends into overbought territory, the pair could consolidate before resuming the trend. … - [GBP/JPY Price Forecast: Looks set for fresh rally above 212.20](https://todaymarkets.ae/gbp-jpy-price-forecast-looks-set-for-fresh-rally-above-212-20/): The GBP/JPY pair posts a fresh multi-year high at 212.15 during the Asian trading session on Tuesday. The pair trades firmly as the Japanese Yen (JPY) underperforms across the board, even as Bank of Japan (BoJ) Governor Kazuo Ueda has signaled that there will be more interest rate hikes in the near term. Japanese Yen … - [EUR/GBP flat lines near 0.8650 ahead of German CPI inflation release](https://todaymarkets.ae/eur-gbp-flat-lines-near-0-8650-ahead-of-german-cpi-inflation-release/): The EUR/GBP cross trades on a flat note near 0.8655 during the early European trading hours on Tuesday. However, the potential upside for the cross might be limited as the Bank of England (BoE) guided that the monetary policy will remain on a gradual downward path, lifting the Pound Sterling (GBP). The preliminary reading of the German … - [USD/INR drops as safe-haven demand of US Dollar diminishes](https://todaymarkets.ae/usd-inr-drops-as-safe-haven-demand-of-us-dollar-diminishes/): The Indian Rupee (INR) trades positively against the US Dollar (USD) on Tuesday after a three-day losing streak. The USD/INR pair corrects to near 90.35 as the US Dollar Index (DXY) falls back sharply after posting a fresh over-a-three-week low at 98.86 on Monday. The Greenback has come under pressure as the risk-off sentiment has subsided, leading … - [Above-Normal US Temps Weigh on Nat-Gas Prices](https://todaymarkets.ae/above-normal-us-temps-weigh-on-nat-gas-prices/): February Nymex natural gas (NGG26) on Monday closed down -0.095 (-2.63%), Feb nat-gas prices fell to a 2.25-month low on the nearest futures chart on Monday and settled sharply lower.  Weather forecasts of above-normal US temperatures, which will reduce nat-gas heating demand, are weighing on prices.  Forecaster Xweather said Monday that the outlook has shifted … - [Crude Rallies on Rising Geopolitical Risks](https://todaymarkets.ae/crude-rallies-on-rising-geopolitical-risks/): February WTI crude oil (CLG26) on Monday closed up +1.00 (+1.74%), and February RBOB gasoline (RBG26) closed up +0.0218 (+1.28%). Crude oil and gasoline prices recovered from early losses on Monday and settled sharply higher as rising global geopolitical risks in Russia, the Middle East, Nigeria, and Venezuela are supporting crude prices.   Crude also … - [Cattle Close Mostly Higher](https://todaymarkets.ae/cattle-close-mostly-higher/): Live cattle futures closed with mostly higher action, up 82 cents to $1.25, as the exception was February, down 12 cents. Cash trade from last week settled in at $232-233 across the country. Feeder cattle futures are continued the rally, with contracts up $2.65 to $2.90. The CME Feeder Cattle Index was up another $2.89 to … - [Arabica Coffee Settles Higher on Below-Normal Rains in Brazil](https://todaymarkets.ae/arabica-coffee-settles-higher-on-below-normal-rains-in-brazil/): March arabica coffee (KCH26) on Monday closed up +2.05 (+0.57%).  March ICE robusta coffee (RMH26) closed down -36 (-0.91%). Coffee prices settled mixed on Monday, with robusta falling to a 1-week low.  Below-average rainfall in Brazil, the world’s largest arabica producer, is supporting arabica coffee.  Somar Meteorologia reported Monday that Brazil’s largest arabica coffee-growing area, … - [Smaller Cocoa Deliveries to Ivory Coast Ports Boost Cocoa Prices](https://todaymarkets.ae/smaller-cocoa-deliveries-to-ivory-coast-ports-boost-cocoa-prices/): March ICE NY cocoa (CCH26) on Monday closed up +206 (+3.51%).  March ICE London cocoa #7 (CAH26) closed up +109 (+2.57%). Cocoa prices rallied sharply on Monday on signs of smaller cocoa supplies from the Ivory Coast.  Monday’s cumulative data shows Ivory Coast farmers shipped 1.073 MMT of cocoa to ports this new marketing year … - [Sugar Prices Settle Higher as Brazilian Real Strength Spurs Short Covering](https://todaymarkets.ae/sugar-prices-settle-higher-as-brazilian-real-strength-spurs-short-covering/): March NY world sugar #11 (SBH26) on Monday closed up +0.13 (+0.89%).  March London ICE white sugar #5 (SWH26) closed up +2.50 (+0.60%). Sugar prices rose on Monday as strength in the Brazilian real prompted some short covering in sugar futures.  The real (^USDBRL) rallied to a 3-week high against the dollar on Monday, discouraging … - [Cotton Rally](https://todaymarkets.ae/cotton-rally/): Cotton futures posted gains for 55 to 64 points in the nearbys on Monday to rally out of the holiday slowed weeks. Crude oil futures were back up $1.08 per barrel at $58.34. The US dollar index was down $0.113 at $98.045. USDA’s Export Sales report was out this morning showing a total of 133,996 … - [Corn Rallies](https://todaymarkets.ae/corn-rallies-2/): Corn futures came out of the holiday slowed weeks with gains across the board. Front months were up 6 to 7 cents to lead the charge. The CmdtyView national average Cash Corn price was up 7 1/2 cents at $4.06 ¾.  USDA tallied corn export shipments at 1.207 MMT (47.5 mbu) during the week ending on January … - [Soybeans Post Double Digit Gains](https://todaymarkets.ae/soybeans-post-double-digit-gains/): Soybeans were in rally mode as traders came back from the thin holiday markets, with futures closing up 15 to 18 cents. There were another 401 deliveries against January soybeans issued on Friday evening. The cmdtyView national average Cash Bean price was 17 1/4 cents higher at $9.87 1/4. Soymeal futures were $2.20 to $4.10 higher, with Soy Oil futures up … - [Wheat Closes with Strength](https://todaymarkets.ae/wheat-closes-with-strength/): The wheat complex posted gains across the three exchanges to close out the Monday session. Chicago SRW futures closed with 5 to 6 cent gains. KC HRW futures were 5 to 6 cents in the green at the final bell. MPLS spring wheat was fractionally higher at the close.  Monday morning’s Export Inspections report showed … - [Dollar Steadies After Volatile Session](https://todaymarkets.ae/dollar-steadies-after-volatile-session/): The dollar index steadied around 98.4 on Tuesday following a volatile previous session marked by geopolitical jitters and heightened uncertainty over the Federal Reserve’s policy path. On Monday, the index climbed as much as 0.4% before ending about 0.1% lower, as investors weighed the implications of the US attack on Venezuela. Concerns about a broader … - [Bitcoin Hits 7-Week High](https://todaymarkets.ae/bitcoin-hits-7-week-high/): Bitcoin climbed toward $95,000 in early January, marking its highest level since mid-November, supported by improving sentiment in the crypto market after underperforming other assets in Q4 of last year. Industry data indicated that options traders are targeting the key psychological level of $100,000 in the near term, though some still expect a potential drop … - [Gold Extends Gains on Safe-Haven Demand](https://todaymarkets.ae/gold-extends-gains-on-safe-haven-demand/): Gold prices rose above $4,450 per ounce on Tuesday, marking a third consecutive session of gains, driven by increased demand for safe-haven assets amid political turmoil in Venezuela. Bullion surged 2.7% on Monday following the US military operation in Venezuela over the weekend that led to the removal of President Nicolas Maduro. President Donald Trump … - [Hong Kong Stocks Rally to Over 7-Week Top](https://todaymarkets.ae/hong-kong-stocks-rally-to-over-7-week-top/): Hong Kong shares jumped 365 points, or 1.4%, to 26,714 on Tuesday morning, rebounding from a muted close the previous day. The upturn followed a strong overnight lead from Wall Street, where a surge in financial stocks lifted the Dow Jones to a record high, while energy shares gained after a U.S. military strike resulted … - [China Stocks Hit Fresh Multi-Year Highs](https://todaymarkets.ae/china-stocks-hit-fresh-multi-year-highs/): Chinese equities advanced on Tuesday, with the Shanghai Composite rising 0.8% to over ten-year highs above 4,050 and the Shenzhen Component gaining 0.5% to near four-year highs around 13,900. Investors largely ignored geopolitical risks from the US attack on Venezuela, while piling into high-flying technology and artificial intelligence-related stocks. Top tech performers included East Money … - [South Korean Shares Retreat Amid Profit-Taking](https://todaymarkets.ae/south-korean-shares-retreat-amid-profit-taking/): The benchmark KOSPI fell 0.4% to around 4,440 on Tuesday, pulling back from record highs as investors locked in gains following the sharp rally in the previous session. The decline was led by foreign investors turning net sellers, after accumulating more than KRW 2.8 trillion worth of shares over the past two trading days. After … - [Yuan Remains Firm Amid Seasonal Demand](https://todaymarkets.ae/yuan-remains-firm-amid-seasonal-demand/): The offshore yuan hovered around 6.98 per dollar, trading near a thirty-two-month high, as seasonal demand persisted while the central bank maintained a measured guidance. Year-end foreign exchange settlements remained robust, as exporters continued to convert overseas receipts to meet domestic payment needs, including bonuses ahead of the Lunar New Year in mid-February, China’s biggest … - [Palm Oil Holds Steady on Mixed Signals](https://todaymarkets.ae/palm-oil-holds-steady-on-mixed-signals/): Malaysian palm oil futures were little changed on Tuesday, hovering around MYR 4,010 per tonne after gaining in the prior session. Strength in rival edible oils from Dalian and Chicago was offset by a firmer ringgit and signs of softer demand from India, the top buyer. India’s palm oil imports fell to an eight-month low … - [Silver Extends Rally](https://todaymarkets.ae/silver-extends-rally/): Silver rose above $78 per ounce on Tuesday, marking a third consecutive session of gains and moving toward record levels. The US attack on Venezuela and the capture of President Nicolas Maduro added a new layer of geopolitical risk, supporting demand for safe-haven metals. Reports also indicated that President Donald Trump threatened a second military … - [UAE Non-Oil Sector Growth Remains Robust](https://todaymarkets.ae/uae-non-oil-sector-growth-remains-robust/): The S&P Global UAE PMI eased slightly to 54.2 in December 2025 from November’s nine-month high of 54.8, but continued to signal a robust improvement in non-oil private sector conditions. Business activity expanded at one of the fastest rates seen this year, supported by firm demand, rising customer orders, and favourable domestic policies. Output growth … - [UK 10-Year Gilt Yield Falls from 6-Week High](https://todaymarkets.ae/uk-10-year-gilt-yield-falls-from-6-week-high/): The UK 10-year gilt yield eased to about 4.51%, down from a six-week high of 4.539% reached last week, as government bonds gained alongside US Treasuries. Falling oil prices helped to calm inflation concerns, encouraging investors to add modestly to bets on future monetary easing by the Bank of England. Markets are currently pricing in … - [GBP/USD: Likely to trade between 1.3430 and 1.3490 – UOB Group](https://todaymarkets.ae/gbp-usd-likely-to-trade-between-1-3430-and-1-3490-uob-group/): GBP is likely to trade sideways between 1.3430 and 1.3490. In the longer run, momentum indicators are mostly flat; GBP is likely to trade in a range between 1.3400 and 1.3535, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Momentum indicators are mostly flat 24-HOUR VIEW: “GBP swung between 1.3435 and 1.3502 … - [Chart of The Day - OIL.WTI](https://todaymarkets.ae/14526-2/): Weekend events in Venezuela shook the global news cycle, but so far they have had a limited impact on financial markets. At the time of writing, oil, precious metals, and the US dollar are posting modest gains. Oil initially fell by around 0.73% toward $56.30 per barrel, but later rebounded and is now trading near … - [EUR/USD slips back below 1.18 – ING](https://todaymarkets.ae/eur-usd-slips-back-below-1-18-ing/): After briefly trading above 1.1800 in late December, EUR/USD is under renewed pressure, with scope for a move toward 1.1640–1.1600 if support at 1.1680 gives way. Near-term risks are shaped by geopolitical developments and US data, while euro support may emerge later in the year as German fiscal stimulus gains traction, ING’s FX analyst Chris … - [EUR/USD rejected at key 1.18 resistance – Société Générale](https://todaymarkets.ae/eur-usd-rejected-at-key-1-18-resistance-societe-generale/): EUR/USD failed to sustain a breakout above the 1.1800–1.1830 resistance zone and has since broken below its short-term rising trend line, shifting near-term risks toward a corrective decline with key support seen at the 200-day moving average around 1.1550–1.1590, Société Générale’s FX analysts note. Uptrend break signals fading momentum “EUR/USD recently tested the upper boundary of … - [EUR/USD: Unlikely to threaten the major support at 1.1680 – UOB Group](https://todaymarkets.ae/eur-usd-unlikely-to-threaten-the-major-support-at-1-1680-uob-group/): Euro (EUR) could edge lower, but any decline is unlikely to threaten the major support at 1.1680. In the longer run, the bias for EUR is tilted to the downside toward 1.1680, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Bias for EUR is tilted to the downside 24-HOUR VIEW: “Last Friday, … - [China: Weaker Q4 despite December rebound – Standard Chartered](https://todaymarkets.ae/china-weaker-q4-despite-december-rebound-standard-chartered/): Official manufacturing PMI returned to expansionary territory in December as new orders recovered m/m. The 2Y CAGR for real activity and trade likely picked up thanks to improved demand. CPI inflation may have edged higher to 0.9% y/y; CNY loans growth likely slowed further, Standard Chartered’s economists report. External demand remained robust “The December official PMI indicates … - [Swiss Inflation Drops Unexpectedly](https://todaymarkets.ae/swiss-inflation-drops-unexpectedly/): 07:30 AM BST, Switzerland – Inflation Data for November: The unexpected return of CPI to zero reignites the pressure on SNP, which is already at 0% with their interest rates. CHF weakened againts both the euro and the dollar after data was released, ending a brief period of gains in frank, inspired mainly by the stronger than expected retail … - [Japanese Shares Track Wall Street Higher](https://todaymarkets.ae/japanese-shares-track-wall-street-higher/): The Nikkei 225 Index rose 1.14% to close at 49,865 on Wednesday, recouping losses from earlier in the week and following gains on Wall Street amid expectations of further US Federal Reserve rate cuts. Risk appetite also improved as investors weighed the potential for a year-end rally in global equities. At home, caution persisted as … - [GBP/JPY holds above 206.00; upside seems capped as BoJ rate hike bets underpin JPY](https://todaymarkets.ae/gbp-jpy-holds-above-206-00-upside-seems-capped-as-boj-rate-hike-bets-underpin-jpy/): The GBP/JPY cross trades with a positive bias for the second straight day on Wednesday and climbs back above the 206.00 mark during the early part of the European session. Spot prices look to build on the overnight bounce from the vicinity of a one-week low, touched on Monday, though a combination of diverging forces … - [EUR/USD Price Forecast: Extends the recent rally to near 1.1650 amid bullish signal](https://todaymarkets.ae/eur-usd-price-forecast-extends-the-recent-rally-to-near-1-1650-amid-bullish-signal/): The EUR/USD pair extends its upside to around 1.1635 during the Asian trading hours on Wednesday. Signals that the European Central Bank (ECB) is done cutting interest rates provide some support to the Euro (EUR) against the US Dollar (USD). ECB President Christine Lagarde noted last week that borrowing costs are at the “right level.”   The ECB is anticipated … - [NZD/USD holds positive ground above 0.5750 on upbeat Chinese Services PMI data](https://todaymarkets.ae/nzd-usd-holds-positive-ground-above-0-5750-on-upbeat-chinese-services-pmi-data/): The NZD/USD pair attracts some buyers to around 0.5750 during the early European session on Wednesday. The upbeat Chinese economic data provides some support to the China-proxy Kiwi against the US Dollar (USD). The attention will shift to the release of the US ADP Employment Change and ISM Services Purchasing Managers Index (PMI) data later on Wednesday.  … - [GBP/USD edges higher above 1.3200 as Fed rate cut bets pressure US Dollar](https://todaymarkets.ae/gbp-usd-edges-higher-above-1-3200-as-fed-rate-cut-bets-pressure-us-dollar/): The GBP/USD pair gains traction to near 1.3235 during the early European session on Wednesday. The US Dollar (USD) remains weak against the Pound Sterling (GBP) amid growing expectations that the US Federal Reserve (Fed) will deliver a 25 basis points (bps) interest rate cut at its upcoming meeting next week.  Hopes for a December Fed rate reduction … - [EUR/GBP posts modest losses below 0.8800 despite dovish BoE expectations](https://todaymarkets.ae/eur-gbp-posts-modest-losses-below-0-8800-despite-dovish-boe-expectations/): The EUR/GBP cross posts modest losses near 0.8795 during the early European trading hours on Wednesday. Nonetheless, the potential downside for the cross might be limited amid dovish expectations from the Bank of England (BoE), which might weigh on the Pound Sterling (GBP).  Markets expect a potential interest rate cut from the UK central bank in December. … - [Gold retreats to the lower end of its daily range, holds above $4,200 amid mixed cues](https://todaymarkets.ae/gold-retreats-to-the-lower-end-of-its-daily-range-holds-above-4200-amid-mixed-cues/): Gold (XAU/USD) struggles to capitalize on a modest intraday move up and retreats to the lower end of its daily range heading into the European session on Wednesday. A generally positive tone around the equity markets is seen as a key factor acting as a headwind for the safe-haven precious metal. Furthermore, bulls opt to … - [Palm Oil Holds Two-Session Rise](https://todaymarkets.ae/palm-oil-holds-two-session-rise/): Malaysian palm oil futures rose for a second session on Wednesday, hovering above MYR 4,150 per tonne, supported by firmer edible oils on the Chicago and Dalian exchanges. Anticipation of stronger demand ahead of Lunar New Year and Ramadan in early 2026 also lent more support. In India, the top buyer, November imports edged higher … - [Russia Composite PMI Near Flat in November](https://todaymarkets.ae/russia-composite-pmi-near-flat-in-november/): Russia’s S&P Global Composite PMI registered 50.1 in November 2025, barely changed from October’s 50.2. The latest reading signaled broad stagnation in private-sector activity, with stronger services growth nearly offset by a sharper decline in manufacturing output. Total New orders stabilized after five months of contraction, supported by a renewed growth in services orders. Meanwhile, … - [Hong Kong Market Pulls Back After Two Sessions of Gains](https://todaymarkets.ae/hong-kong-market-pulls-back-after-two-sessions-of-gains/): Shares in Hong Kong dipped 273 points, or 1.0%, to 25,826 in early Wednesday trade, reversing gains from the prior two sessions amid steep, broad-based losses across sectors. Traders were nervous ahead of key policy events in China, including the annual Central Economic Work Conference and the December Politburo meeting. Fresh private survey data also … - [Bitcoin Climbs Above $92,000](https://todaymarkets.ae/bitcoin-climbs-above-92000/): Bitcoin surged back above $92,000 on Wednesday, rebounding sharply after briefly dipping below $84,000 at the start of the month. The rally reflected a return of risk appetite, supported by expectations of further US Federal Reserve rate cuts. Markets currently assign roughly an 89% probability to a 25 basis point Fed cut next week, with … - [AUS 10-Year Yield Hits Near 11-Month High](https://todaymarkets.ae/aus-10-year-yield-hits-near-11-month-high/): Australia’s government bond yield climbed to 4.64%, its highest level since mid-January, as hawkish signals from the Reserve Bank outweighed weak GDP data. The economy expanded 0.4% in the September quarter, falling short of the projected 0.7%. The yearly growth rate came in at 2.1%, slightly below the market forecast of 2.2% but marginally above … - [US 10-Year Yield Steadies as Fed Outlook Mulled](https://todaymarkets.ae/us-10-year-yield-steadies-as-fed-outlook-mulled/): The yield on the 10-year US Treasury note held around 4.08% on Wednesday, pausing a recent rise as investors weighed the outlook for Federal Reserve policy. Markets currently price roughly an 89% chance of a 25 basis point rate cut next week, with about 90 basis points of total easing priced in for 2026. Expectations … - [Japan 10-Year Yield Holds at Near 2-Decade High](https://todaymarkets.ae/japan-10-year-yield-holds-at-near-2-decade-high/): Japan’s 10-year government bond yield held steady around 1.87% on Wednesday, hovering at its highest level in nearly two decades amid speculation that the Bank of Japan could raise interest rates this month. BOJ Governor Kazuo Ueda said recently the central bank would carefully weigh the pros and cons of a rate hike and act … - [Offshore Yuan Hits Over 1-Year High](https://todaymarkets.ae/offshore-yuan-hits-over-1-year-high/): The offshore yuan strengthened past 7.06 per dollar, hitting its highest level since October 2024, supported by a strong central-bank fixing and improving sentiment toward the currency. The People’s Bank of China set the daily midpoint at 7.0754 per dollar, its firmest level since mid-October 2024, reflecting the central bank’s commitment to maintaining currency stability. … - [Won Pressured by Capital Outflows](https://todaymarkets.ae/won-pressured-by-capital-outflows/): The South Korean won slipped toward 1,470 per dollar, hovering near seven-month lows as market sentiment remained pressured by ongoing capital outflows despite strong economic growth data. Bank of Korea data showed the economy grew at its fastest pace in nearly four years in Q3, with real GDP rising 1.3% quarter-on-quarter and 1.8% year-on-year. Nevertheless, … - [Saudi Non-Oil Private Sector Growth Remains Strong](https://todaymarkets.ae/saudi-non-oil-private-sector-growth-remains-strong/): Riyad Bank Saudi Arabia’s PMI stood at 58.5 in November 2025, easing from October’s 11-year high of 60.2 but still pointing to a strong improvement in non-oil private sector conditions. Activity accelerated to its fastest pace since January as firms reported solid sales flows and steady project work. New business continued to rise sharply, though … - [India Services PMI Revised Upward](https://todaymarkets.ae/india-services-pmi-revised-upward/): The HSBC India Services PMI was revised higher to 59.8 in November 2025, up from preliminary estimates of 59.5 and from October’s five-month low of 58.9. The faster expansion in the services sector was supported by stronger growth in new orders. International sales continued to improve, though the rate of expansion decelerated to an eight-month … - [New Zealand Stocks Rise for Second Day](https://todaymarkets.ae/new-zealand-stocks-rise-for-second-day/): New Zealand’s benchmark S&P/NZX 50 index advanced 0.6% to end at 13,582 on Wednesday, extending the previous session’s gains amid strength in utilities, healthcare, and consumer non-durables. The local market followed a positive lead from Wall Street as investors geared up for an expected interest rate cut by the US Federal Reserve. Sentiment was further … - [Indian Markets Extend Losses for Fourth Session](https://todaymarkets.ae/indian-markets-extend-losses-for-fourth-session/): The BSE Sensex fell 277 points, or 0.3%, to 84,861 in Wednesday morning trade, down for the fourth consecutive session as traders turned cautious ahead of the RBI’s interest rate decision on Friday. Market forecasts suggest the central bank is expected to cut interest rates by 25 bps amid easing inflation. Investors also awaited the … - [Warmer US Weather Forecasts Knock Nat-Gas Prices Lower](https://todaymarkets.ae/warmer-us-weather-forecasts-knock-nat-gas-prices-lower/): January Nymex natural gas (NGF26) on Tuesday closed down by -0.081 (-1.65%). Jan nat-gas prices fell from a 3-year nearest-futures high on Tuesday and settled sharply lower.   Long liquidation pressures emerged on Tuesday to knock nat-gas prices lower after updated US weather forecasts turned warmer, potentially reducing nat-gas heating demand.  Forecaster Atmospheric G2 on … - [Cattle Rally Higher ](https://todaymarkets.ae/cattle-rally-higher-2/): Live cattle futures were up $4.25 to $4.90 to close out the Tuesday session. Cash trade has yet to take place this week. Last week was $220 in the South, with some northern trade at $208-210. Feeder cattle futures rallied on Tuesday with gains of $8.40 to $8.80 in the nearbys.  The CME Feeder Cattle Index … - [Cattle Rally Higher](https://todaymarkets.ae/cattle-rally-higher/): Live cattle futures were up $4.25 to $4.90 to close out the Tuesday session. Cash trade has yet to take place this week. Last week was $220 in the South, with some northern trade at $208-210. Feeder cattle futures rallied on Tuesday with gains of $8.40 to $8.80 in the nearbys.  The CME Feeder Cattle Index … - [Wheat Pops Higher on Black Sea Updates](https://todaymarkets.ae/wheat-pops-higher-on-black-sea-updates/): The wheat complex posted strength at the Tuesday close. Chicago SRW futures were 6 to 7 1/2 cents higher on the day. KC HRW futures were 6 to 7 cents in the green on Tuesday.  MPLS spring wheat were up 4 to 5 cents at the close. There were no deliveries issued against December CBT … - [Soybeans Slip Lower ](https://todaymarkets.ae/soybeans-slip-lower-2/): Soybeans faced weakness on Tuesday, with contracts down 2 to 3 ¼ cents. The cmdtyView national average Cash Bean price was 3 3/4 cents lower at $10.54 3/4. Soymeal futures were down $1.30 to $3, with Soy Oil futures 29 to 35 points higher. There were no deliveries issued against December soybean meal overnight, with 123 for bean oil. Outside of … - [Corn down then up and now above the line](https://todaymarkets.ae/corn-down-then-up-and-now-above-the-line/): The price of corn had a reversal up today and once again went above the 200-day moving average line. In my opinion, corn prices will go higher in the next 72 hours.  For the week ending November 27, 2025, United States Department of Agricultural (USDA) Market News reports U.S. corn export inspections totaling 1.421 million … - [Coffee Prices Sharply Lower as Supply Concerns Ease](https://todaymarkets.ae/coffee-prices-sharply-lower-as-supply-concerns-ease/): March arabica coffee (KCH26) on Tuesday closed down -6.25 (-1.65%), and January ICE robusta coffee (RMF26) closed down -121 (-2.71%). Coffee prices fell sharply on Tuesday, with robusta posting a 1-week low.  The outlook for abundant coffee supplies is weighing on prices after the European Parliament last Wednesday approved a 1-year delay to the deforestation … - [Cocoa Prices Retreat on Beneficial West African Weather](https://todaymarkets.ae/cocoa-prices-retreat-on-beneficial-west-african-weather/): March ICE NY cocoa (CCH26) today on Tuesday closed down -101 (-1.82%), and March ICE London cocoa #7 (CAH26) closed down -57 (-1.39%). Cocoa prices retreated on Tuesday, as favorable weather forecasts in West Africa are expected to improve yields and boost supplies.  Cocoa farmers in the Ivory Coast are reporting that a mix of … - [Projections of Smaller EU Sugar Acreage Boosts Sugar Prices](https://todaymarkets.ae/projections-of-smaller-eu-sugar-acreage-boosts-sugar-prices/): March NY world sugar #11 (SBH26) on Tuesday closed up +0.22 (+1.49%), and March London ICE white sugar #5 (SWH26) closed up +8.30 (+1.97%). Sugar prices rose on Tuesday amid bullish news from the European Union.  European sugar producers are expected to cut sugar acreage by 10% for the 2026-27 season, following a 10% drop … - [Cotton Eases Lower](https://todaymarkets.ae/cotton-eases-lower/): Cotton futures were steady to 7 points lower across most contracts on Tuesday. Crude oil futures were down 73 cents per barrel at $58.59 on the day, with the US dollar index $0.102 lower to $99.260.  Commitment of Traders data showed managed money trimming 98 contracts from their previous record net short position as of … - [Defense Stocks Under Pressure as Markets Await Outcome of Talks in Moscow](https://todaymarkets.ae/defense-stocks-under-pressure-as-markets-await-outcome-of-talks-in-moscow/): Financial markets are clearly in a wait-and-see mode today, awaiting the outcome of talks between US Special Envoy Steven Witkoff and Vladimir Putin, with any rumours of progress in the negotiations quickly translating into movements in the euro, European indices and the industrial and defence sector. Investors are discounting the growing likelihood of even a … - [Crédit Agricole has issued a recommendation for the NZDUSD currency pair.](https://todaymarkets.ae/credit-agricole-has-issued-a-recommendation-for-the-nzdusd-currency-pair/): Crédit Agricole Research recommends taking a long position on the pair with the following levels:   Crédit Agricole Research recommends taking a long position on NZDUSD at market price with a target of 0.5935 and a Stop Loss order at 0.5600. Source: xStation5     The material on this page does not constitute financial advice and does … - [AUD/NZD Recommendation From Goldman Sachs](https://todaymarkets.ae/aud-nzd-recommendation-from-goldman-sachs/): Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on the pair with the following levels: Entry (at market price): 1.1429Target: 1.1100Stop: 1.1700 Goldman Sachs recommends taking a short position on AUDNZD at the market price with a target of 1.1100 and a stop loss order … - [Limited Reaction in EUR/USD on Near Consensus Eurozone CPI Data](https://todaymarkets.ae/limited-reaction-in-eur-usd-on-near-consensus-eurozone-cpi-data/): 10:00 AM GMT, Euro Zone – Inflation Data for November: 10:00 AM GMT, Euro Zone – Employment Data for October: The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on … - [Chart of The Day - Bitcoin](https://todaymarkets.ae/chart-of-the-day-bitcoin-2/): Bitcoin’s price is seeing a modest rebound after yesterday’s nearly 6% selloff, climbing back toward 86.5 thousand USD. However, looking at the two previous corrections during this bull market, we can see that the tendency to retest local lows is still present, and another attempt to “probe the bottom” should not be surprising. Bitcoin (D1 … - [France Budget Deficit Smallest in 4 Months](https://todaymarkets.ae/france-budget-deficit-smallest-in-4-months/): France’s central government budget deficit narrowed to EUR 136.2 billion at the end of October 2025, from EUR 157.4 billion in the same month of the previous year. It marked the smallest shortfall since June, as government revenues grew by 6.5% year-on-year to EUR 299.2 billion, primarily driven by increased net personal income tax, net … - [DAX 40 Finds Support as Bayer Soars](https://todaymarkets.ae/dax-40-finds-support-as-bayer-soars/): Frankfurt’s DAX 40 inched 0.1% higher toward the 23,600 level on Tuesday, attempting to recover from a 1% drop in the previous session, led by rally in Bayer shares. The agrochemical and pharmaceutical giant surged as much as 15% in early trading, the largest jump in more than 20 years, pushing its year-to-date gain to … - [Calm Before The Storm - BOE Gives U.K. Banks a Boost](https://todaymarkets.ae/calm-before-the-storm-boe-gives-u-k-banks-a-boost/): The focus this morning is likely to be on the stabilization for risk assets after Monday’s sell off. The start of December did not offer too much hope for the bulls, and if the first day of December trading is anything to go by, we could be following in November’s footsteps and sentiment may remain … - [U.S. Futures Ease](https://todaymarkets.ae/u-s-futures-ease/): U.S. stock futures dipped slightly on Tuesday after Wall Street fell on the first trading day of December following gains in the prior five sessions. Data on Monday showed U.S. manufacturing shrank for the ninth month in November, with import tariffs continuing to drag on activity. Investors now look ahead to key releases this week, … - [UK House Price Growth Exceeds Forecasts](https://todaymarkets.ae/uk-house-price-growth-exceeds-forecasts/): The UK Nationwide House Price Index rose 1.8% year-on-year in November 2025, above the expected 1.4% but slowing from October’s 2.4% gain, marking the softest annual growth since June 2024. On a monthly basis, prices increased 0.3%, compared to expectations of no growth and up from 0.2% in the prior period. Nationwide Chief Economist Robert … - [Trade of The Day - GOLD](https://todaymarkets.ae/trade-of-the-day-gold-2/): Facts: Recommendation: Trade: Long position on GOLD at market priceTarget: 4282, 4305Stop: 4185 Opinion: The gold market has been trading in an upward move recently. Looking at the technical situation, one can see that the precious metal bounced off the key mid-term support at $4202.70. This support is a result of previous price reactions, as well as … - [Dutch Inflation Rate Falls to 2.9%](https://todaymarkets.ae/dutch-inflation-rate-falls-to-2-9/): The annual inflation rate in the Netherlands eased to 2.9% in November 2025 from 3.1% in October, marking the lowest reading in three months, according to preliminary estimates. The main downward pressure came from a sharp slowdown in energy, including motor fuels, with inflation falling to 0.9% from 2.1% in October. Price growth also moderated … - [Chinese Stocks Slip on Risk-Off Mood](https://todaymarkets.ae/chinese-stocks-slip-on-risk-off-mood/): The Shanghai Composite slipped 0.2% to around 3,905, while the Shenzhen Component dropped 0.6% to 13,070 on Tuesday, with mainland stocks snapping a three-session winning streak as a risk-off mood hit markets. Investors were pressured by weak domestic manufacturing, with a private survey showing factory activity contracting again in November. Markets may be anticipating new … - [Treasury Yield Holds Advance](https://todaymarkets.ae/treasury-yield-holds-advance/): The yield on the US 10-year Treasury note held steady at 4.09% on Tuesday, after surging in the previous session to its highest level in about two weeks. Global bond markets were rattled on Monday after the Governor of the Bank of Japan hinted at a potential interest rate hike this month. Higher rates in … - [Palm Oil Reverses Losses](https://todaymarkets.ae/palm-oil-reverses-losses/): Malaysian palm oil futures jumped around 1% to above MYR 4,130 per tonne on Tuesday, swinging from weakness in the previous session as a weaker ringgit and firmer rival oils on the Chicago and Dalian exchanges boosted sentiment. On the demand side, imports in top buyer India are projected to surge to 9.3 million tonnes … - [USD/CAD holds onto recovery move near 1.4000 despite firm dovish Fed bets](https://todaymarkets.ae/usd-cad-holds-onto-recovery-move-near-1-4000-despite-firm-dovish-fed-bets/): The USD/CAD pair clings to Monday’s recovery move to near 1.4010 during the Asian trading session on Tuesday. The Loonie pair bounced back on Monday as the US Dollar (USD) rebounded despite weak United States (US) ISM Manufacturing Purchasing Managers’ Index (PMI) data for November strengthened the case for another interest rate cut by the Federal Reserve (Fed) this … - [EUR/USD strengthens above 1.1600 ahead of Eurozone HICP data](https://todaymarkets.ae/eur-usd-strengthens-above-1-1600-ahead-of-eurozone-hicp-data/): The EUR/USD pair extends its upside to near 1.1615 during the Asian trading hours on Tuesday. The US Dollar (USD) weakens against the Euro (EUR) as weaker-than-expected US Manufacturing PMI data heaps pressure on the Federal Reserve (Fed) to cut interest rates later this month.   Data released by the Institute for Supply Management (ISM) on Monday revealed that US manufacturing contracted for … - [Korean Stocks Rebound on Tariff Reduction](https://todaymarkets.ae/korean-stocks-rebound-on-tariff-reduction/): The benchmark KOSPI advanced 1.56% to around 3,980 on Tuesday, rebounding from two consecutive sessions of losses as investor sentiment improved following renewed coordination between Seoul and Washington. After the APEC summit, the US confirmed it would reduce certain tariffs under the bilateral agreement, including lowering automobile duties from 25% to 15%, along with adjustments … - [Hong Kong Equities Push Higher](https://todaymarkets.ae/hong-kong-equities-push-higher/): Hong Kong stocks rose 179 points, or 0.7%, to 26,218 in Tuesday morning trade, sustaining gains from the previous session amid broad-based sector strength. Sentiment improved further on expectations that weak November PMI readings in China could prompt Beijing to introduce fresh economic support. Investors also welcomed new data showing Hong Kong’s retail sales posted … - [WTI declines below $59.50 as bearish outlook prevails](https://todaymarkets.ae/wti-declines-below-59-50-as-bearish-outlook-prevails/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.25 during the Asian trading hours on Tuesday. The WTI edges slightly lower amid renewed US Dollar (USD) demand. Traders await the release of the American Petroleum Institute (API) crude oil stockpiles report later on Tuesday. Geopolitical risks and OPEC’s decision to leave output levels unchanged in the … - [XAU/USD edges higher above $4,200 on US rate cut expectations](https://todaymarkets.ae/xau-usd-edges-higher-above-4200-on-us-rate-cut-expectations/): Gold price (XAU/USD) extends the rally to near $4,230 during the early Asian trading hours on Tuesday. The precious metal edges higher to a near six-week high amid growing expectations of US interest rate cuts.  The US Manufacturing Purchasing Managers Index (PMI) contracted for the ninth straight month in November, the Institute for Supply Management (ISM) showed … - [GBP/USD slides as UK budget strains and US labor data weigh](https://todaymarkets.ae/gbp-usd-slides-as-uk-budget-strains-and-us-labor-data-weigh/): GBP/USD soured on Monday, starting off the December trading window declining around one-quarter of one percent, pushing back down from a key technical confluence region that will likely inspire further short selling behind the Pound Sterling (GBP) unless global flows into the US Dollar (USD) reverse course. Pound struggles under the weight of political troubles Chancellor … - [NZD/USD holds steady above 0.5700; stalls overnight pullback from one-month peak](https://todaymarkets.ae/nzd-usd-holds-steady-above-0-5700-stalls-overnight-pullback-from-one-month-peak/): The NZD/USD pair ticks lower during the Asian session on Tuesday and moves further away from an over one-month peak, around mid-0.5700s, touched the previous day. Spot prices currently trade near the 0.5720 region, though the fundamental backdrop warrants some caution for bearish traders and before positioning for deeper losses. The New Zealand Dollar (NZD) … - [AUD/USD flatlines below 0.6550 as traders await Australian GDP release](https://todaymarkets.ae/aud-usd-flatlines-below-0-6550-as-traders-await-australian-gdp-release/): The AUD/USD pair trades on a flat note near 0.6540 during the early Asian trading hours on Tuesday. Weaker-than-expected US economic data and rising US interest rate cut expectations in December drag the US Dollar (USD) lower against the Australian Dollar (AUD). Traders will closely monitor the Australian Gross Domestic Product (GDP) data for the third quarter … - [XAG/USD tumbles below $57.00 on profit-taking](https://todaymarkets.ae/xag-usd-tumbles-below-57-00-on-profit-taking/): Silver price (XAG/USD) falls to around $56.70 during the Asian trading hours on Tuesday. The white metal faces some profit-taking after reaching a record high in the previous session. However, expectations that the US central bank will cut interest rates further this month and persistent concerns over global supply tightness might cap its downside.  Silver retreats from … - [Japanese Yen moves further away from two-week high vs USD amid positive risk tone](https://todaymarkets.ae/japanese-yen-moves-further-away-from-two-week-high-vs-usd-amid-positive-risk-tone/): The Japanese Yen (JPY) edges lower during the Asian session on Tuesday and retreats further from a two-week high, touched against its American counterpart the previous day. A generally positive tone around the Asian equity markets is seen as a key factor undermining the JPY’s safe-haven status. Apart from this, the JPY downtick lacks any … - [December Brings a Different Narrative](https://todaymarkets.ae/december-brings-a-different-narrative/): The beginning of December brought a sharp decline in cryptocurrencies. Bitcoin is being pushed below $85,000, losing 7% of its value, while Strategy (MSTR.US) shares are falling more than 8%. The scene was dominated by both broader macroeconomic factors and specific decisions by the largest corporate holder of bitcoin. Risk-off in the markets Today’s sell-off … - [Much Ado About Tesla](https://todaymarkets.ae/much-ado-about-tesla/): Renowned investor Michael Burry has resumed his criticism of the technology sector. In his new Substack, “Cassandra Unchained,” he described Tesla (TSLA.US) as absurdly overvalued, adding it to the list of speculative bubbles alongside Nvidia and Palantir. Burry closed his hedge fund Scion Asset Management in November and launched a paid newsletter for £39 per … - [Oil Holds Advance](https://todaymarkets.ae/oil-holds-advance/): WTI crude oil futures hovered around $59.5 per barrel on Tuesday after rising more than 1% in the previous session, supported by geopolitical risks threatening global supply and the latest OPEC+ decision. Ukrainian attacks over the weekend severely damaged a mooring at the Caspian Pipeline Consortium, which links Kazakh fields to Russia’s Black Sea coast, … - [Natural Gas futures surged to 3-year highs.](https://todaymarkets.ae/natural-gas-futures-surged-to-3-year-highs/) - [Global PMIs, OPEC and Powell.](https://todaymarkets.ae/global-pmis-opec-and-powell/) - [Colder US Temps Lift Nat-Gas Prices](https://todaymarkets.ae/colder-us-temps-lift-nat-gas-prices/): January Nymex natural gas (NGF26) on Monday closed up by +0.071 (+1.46%). Jan nat-gas prices on Monday added to last Friday’s sharp gains and posted a nearly 3-year nearest-futures high.  Expectations of colder US temperatures, which will boost nat-gas heating demand, are lifting prices.  Forecaster Atmospheric G2 on Monday said that forecasts shifted colder across … - [Crude Prices Push Higher on Dollar Weakness and Reduced Russian Oil Exports](https://todaymarkets.ae/crude-prices-push-higher-on-dollar-weakness-and-reduced-russian-oil-exports/): January WTI crude oil (CLF26) on Monday closed up +0.77 (+1.32%), and January RBOB gasoline (RBF26) closed up +0.00474 (+2.60%). Crude oil and gasoline prices settled higher on Monday, with crude posting a 1-week high.  Monday’s decline in the dollar index (DXY00) to a 2-week low is bullish for energy prices.  Also, reduced Russian crude … - [Cattle Fall to Start the Week](https://todaymarkets.ae/cattle-fall-to-start-the-week/): Live cattle futures saw losses of.$1.37 to 2. Cash trade improved late last week with $220 in the South on Friday, with some northern trade at $215, up from the $208-210 seen in the first half of the week. Feeder cattle futures were down $1 to $2.90 across most contracts at midday The CME Feeder Cattle … - [Wheat Closes Mostly Lower](https://todaymarkets.ae/wheat-closes-mostly-lower/): The wheat complex was mostly lower on Monday.. Chicago SRW futures were fractionally to 4 cents in the red on Monday. KC HRW futures were fractionally lower in the nearbys. MPLS spring wheat was mixed, as December was up ¾ and other contracts were down 2 to 3 cents. There were no deliveries issued against … - [Corn Falls Lower ](https://todaymarkets.ae/corn-falls-lower/): Corn futures gave back some of last week’s late strength on Monday, with contracts down 2 to 3 cents in the nearbys. There were 64 deliveries issued against December corn on Friday night. The CmdtyView national average Cash Corn price was back down today at $3.99.  This morning’s Export Inspections report showed a total of 1.421 MMT … - [Soybeans Start December with Weaker Trade](https://todaymarkets.ae/soybeans-start-december-with-weaker-trade/): Soybean traders were back to it on Monday, after the holiday shortened week, as contracts closed 7 to 10 cents higher. The cmdtyView national average Cash Bean price was 7 cents lower at $10.57 1/2. Soymeal futures were down $3.30 to $4.80, with Soy Oil futures 29 to 55 points higher. There were 147 deliveries issued against December soybean meal on … - [Coffee Prices Pressured as the Outlook for Global Supplies Improves](https://todaymarkets.ae/coffee-prices-pressured-as-the-outlook-for-global-supplies-improves/): March arabica coffee (KCH26) on Monday closed down -1.50 (-0.39%), and January ICE robusta coffee (RMF26) closed down -93 (-2.04%). Coffee prices fell to 1-week lows on Monday and settled lower.  The outlook for abundant coffee supplies is weighing on prices after the European Parliament last Wednesday approved a 1-year delay to the deforestation law, … - [Cocoa Prices Settle Higher as the Global Cocoa Surplus Shrinks](https://todaymarkets.ae/cocoa-prices-settle-higher-as-the-global-cocoa-surplus-shrinks/): March ICE NY cocoa (CCH26) on Monday closed up +52 (+0.94%), and March ICE London cocoa #7 (CAH26) closed up +24 (+0.59%). Cocoa prices on Monday added to last Friday’s sharp gains, with NY cocoa posting a 2-week high and London cocoa posting a 1.5-week high.  Cocoa prices have carryover support from last Friday when … - [Sugar Prices Sharply Lower as India Ramps Up Sugar Production](https://todaymarkets.ae/sugar-prices-sharply-lower-as-india-ramps-up-sugar-production/): March NY world sugar #11 (SBH26) on Monday closed down -0.45 (-2.96%), and March London ICE white sugar #5 (SWH26) closed down -14.40 (-3.31%). Sugar prices fell sharply to 1-week lows on Monday as India ramped up sugar production.  The India National Federation of Cooperative Sugar Factories Ltd reported Monday that Indian sugar production from … - [Cotton Slips to Start December](https://todaymarkets.ae/cotton-slips-to-start-december/): Cotton futures saw 7 to 12 point losses across most contracts on Monday. Crude oil futures were $1 higher per barrel at $59.55 on the day, with the US dollar index $0.058 lower to $99.350.  USDA’s Export Sales report showed 132,760 RB of cotton sold in the week of 10/23, back down 24.43% from the … - [New Zealand Shares Inch Higher](https://todaymarkets.ae/new-zealand-shares-inch-higher/): New Zealand stocks edged up 17 points, or 0.1%, to 13,465 in Tuesday morning trade, reversing prior-session losses amid gains mainly in consumer durables and energy minerals. Sentiment improved after new central bank governor Anna Breman told a parliamentary committee Monday that inflation stability and growth were priorities, while pledging greater transparency in policy decisions. … - [U.S. Futures Muted as Markets Await Key Data](https://todaymarkets.ae/u-s-futures-muted-as-markets-await-key-data/): U.S. stock futures were little changed on Tuesday after Wall Street opened December on a soft note amid renewed risk-off sentiment. Markets remain focused on the Fed’s policy path, with over 85% of bets pointing to a 25bps cut at next week’s meeting. The Fed has now entered its blackout period. Data releases are also … - [US Confirms South Korea's 15% Tariff Rate Retroactive to November 1](https://todaymarkets.ae/us-confirms-south-koreas-15-tariff-rate-retroactive-to-november-1/): US Commerce Secretary Howard Lutnick on Monday confirmed that the general tariff rate on imports from South Korea, including autos, would drop to 15% retroactive to November 1 because South Korea has introduced legislation in parliament to implement the country’s strategic US investment commitments, as Reuters reported. In a statement posted on X, Lutnick said … - [Australia’s Q3 Current Account Deficit Exceeds Forecasts](https://todaymarkets.ae/australias-q3-current-account-deficit-exceeds-forecasts/): Australia’s current account deficit widened to AUD 16.6 billion in the third quarter of 2025, up from an upwardly revised AUD 16.2 billion in the second quarter and exceeding market expectations of a AUD 13.3 billion shortfall. This marked the largest current account gap since the fourth quarter of 2024, as the goods and services … - [UK Shop Price Inflation Hits 5-Month Low](https://todaymarkets.ae/uk-shop-price-inflation-hits-5-month-low/): UK shop price inflation eased to 0.6% in November 2025 from 1.0% in the prior month, marking a second consecutive monthly decline and the lowest rate since June, according to the British Retail Consortium and NielsenIQ. The latest reading came in below the three-month average of 1.0%, reflecting earlier and more aggressive Black Friday discounting. … - [Australian Shares Rebound](https://todaymarkets.ae/australian-shares-rebound/): The S&P/ASX 200 rose 0.2% to 8,583 on Tuesday, rebounding from losses in the previous session as gains in mining and energy stocks supported the index. Among the major miners, BHP Group rose 1%, Rio Tinto advanced 1.3%, and Fortescue gained 0.6%, while energy heavyweights Woodside Energy Group increased 1.3% and Santos added 1.2%, supported … - [Euro Strengthens to Two-Week High](https://todaymarkets.ae/euro-strengthens-to-two-week-high/): The euro rebounded above $1.16, reaching its strongest level since mid-November, as investors adopted a cautious stance ahead of key Eurozone and US economic data that could influence interest rate expectations. Recent inflation reports showed Germany’s EU-harmonized rate accelerating to 2.6%, its highest since February, while Spain’s HICP remained well above the ECB’s 2% target. … - [Copper Hits Four-Month High on Tight Supply](https://todaymarkets.ae/copper-hits-four-month-high-on-tight-supply/): Copper futures rose above $5.2 per pound on Monday, reaching its highest level in four months supported by tight supply and elevated premiums. The advance tracked a record peak on the London Metal Exchange last Friday due to supply constraints, including lower output in Chile, planned cuts by Chinese smelters, and a weaker dollar. The … - [UK Net Mortgage Borrowing Slows](https://todaymarkets.ae/uk-net-mortgage-borrowing-slows/): Net borrowing of mortgage debt by UK individuals fell to £4.3 billion in October 2025, down from £5.2 billion in September and below market expectations of £4.5 billion. Gross lending edged slightly lower to £24.5 billion from £24.8 billion, while gross repayments rose by £1.5 billion to £22.1 billion. The annual growth rate for net … - [Germany Bund Yield Rises Amid Global Risk-Off](https://todaymarkets.ae/germany-bund-yield-rises-amid-global-risk-off/): Germany’s 10-year Bund yield climbed above 2.7%, approaching its highest level since early October, as a global flight from risk unfolded ahead of key Eurozone and US economic data that could shape the monetary policy outlook. Last week’s mixed inflation data across Europe’s largest economies, combined with ECB meeting minutes signaling no urgency to begin … - [TTF Prices Continue to Decline](https://todaymarkets.ae/ttf-prices-continue-to-decline/): European natural gas futures fell to €28/MWh at the start of December, their lowest level since April 2024, extending a decline of more than 7% in November. Prices have come under pressure as US-led ceasefire talks between Ukraine and Russia raised the prospect of an end to the three-year war and the potential softening of … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-12/): USDJPY begins December by sliding 0.5% in reaction to the latest comments from the Bank of Japan (BOJ) Governor, who for the first time in months clearly suggested the possibility of an interest rate hike at the BOJ’s December meeting. USDJPY broke below the 10-day exponential moving average (EMA10; yellow) today, the level where the … - [The Week Ahead - Risk come back stalls, as crypto slides](https://todaymarkets.ae/the-week-ahead-risk-come-back-stalls-as-crypto-slides/): The narrative has abruptly shifted on Monday. After a powerful rally that helped US and European stocks reverse earlier losses and close November with small gains, equity futures are now in the red across the US and Europe, after sentiment took a knock following a sharp decline across crypto markets. Bitcoin is lower by more … - [GBP Ticks up Slightly on In-Line PMI Data](https://todaymarkets.ae/gbp-ticks-up-slightly-on-in-line-pmi-data/): 09:30 AM BST, United Kingdom – PMI Data for November: The lack of a negative surprise helped the pound breathe and recover some of its early trading losses. Nevertheless, the pound’s strength began even before the release, likely driven by a relatively weaker outlook in the Eurozone. Source: xStation5 The material on this page does not constitute financial advice … - [Eurozone Final Manufacturing PMI Slightly Lower Than Expected](https://todaymarkets.ae/eurozone-final-manufacturing-pmi-slightly-lower-than-expected/): 08:15 AM BST, Spain – PMI Data for November: 08:45 AM BST, Switzerland – PMI Data: 08:45 AM BST, Italy – PMI Data for November: 08:50 AM BST, France – PMI Data for November: 08:55 AM BST, Germany – PMI Data for November: 09:00 AM BST, Euro Zone – PMI Data for November: Eurozone manufacturing weakened to a five-month low as output and new orders fell, signaling renewed contraction despite a small uptick in business confidence. While six … - [Swiss Retail Sales Above Estimates](https://todaymarkets.ae/swiss-retail-sales-above-estimates/): 08:30 AM GMT, Switzerland – Retail Sales for October: Real retail sales in Switzerland rose more than expected and the previous figure was revised upward from 1.5% to 1.8%. This steady rebound in sales following the late-summer to early-autumn slump helps ease concerns about a tariff-driven economic downturn. With Swiss interest rates already at 0%, continued growth in … - [Indian Stocks Extend Gains for 4th Session](https://todaymarkets.ae/indian-stocks-extend-gains-for-4th-session/): The BSE Sensex rose 130 points, or 0.2%, to 85,837 in morning trade on Monday, gaining for the fourth straight session, buoyed by robust GDP growth. India’s economy expanded 8.2% in the July–September quarter, beating forecasts of 7.3% and up from 7.8% in the previous quarter. Hopes of interest rate cuts from both the RBI … - [Australia Commodity Prices Fall at Faster Pace](https://todaymarkets.ae/australia-commodity-prices-fall-at-faster-pace/): The Reserve Bank of Australia’s Index of Commodity Prices fell 1.7% year-on-year in November 2025, compared with a 1.3% decline in the previous month. This marked the second consecutive month of annual price decreases, as lower costs for thermal coal, alumina, and liquefied natural gas outweighed increases in gold and rural commodities. On a monthly … - [Palm Oil Inches Higher to Begin December](https://todaymarkets.ae/palm-oil-inches-higher-to-begin-december/): Malaysian palm oil futures edged up on the first trading day of December, hovering near MYR 4,120 per tonne and aiming for a fourth session of gains, supported by firmer edible oils on the Dalian exchange. Supply concerns also lent support, as MPOB data showed output rose 3.2% in November 1–20, a sharp slowdown from … - [Dutch Retail Sales Growth at 5-Month Low](https://todaymarkets.ae/dutch-retail-sales-growth-at-5-month-low/): Retail sales in the Netherlands rose by 3.1% year-on-year in October 2025, easing from a 3.8% increase in the previous month. This marked the slowest growth in retail activity since May, driven by a softer increase of food sales (3.2% vs 4.2% in September), particularly in supermarkets (3.7% vs 5%), while trade in specialty stores … - [South Korean Won Extends Losses on Heavy Outflows](https://todaymarkets.ae/south-korean-won-extends-losses-on-heavy-outflows/): The South Korean won weakened to around 1,470 per dollar on Monday, extending losses from the previous session and hovering close to its lowest level in over seven months, pressured by persistent foreign equity outflows and firm corporate demand for US dollars. Offshore investors recorded their largest monthly net selling on Korean shares in November, … - [NZX 50 Slips on First Trading Day of December](https://todaymarkets.ae/nzx-50-slips-on-first-trading-day-of-december/): New Zealand’s benchmark S&P/NZX 50 index fell 0.3% to 13,449 on Monday, giving back last week’s gains, pressured by heavy losses in financials amid expectations of an end to monetary policy easing. Last week, the Reserve Bank cut its cash rate by 25bps to 2.25%, the lowest since June 2022, but projections imply just a … - [UK set to launch crypto tax evasion measures in 2026](https://todaymarkets.ae/uk-set-to-launch-crypto-tax-evasion-measures-in-2026/): UK crypto exchanges will be required to report detailed transaction data on resident users to  HM Revenue & Customs (HMRC) starting January 1, 2026, strengthening tax compliance among crypto investors in the region. UK prepares fresh tax compliance rules for crypto exchanges The UK is preparing to tighten oversight of digital asset activity, with new … - [Bitcoin, Ethereum, XRP face major losses as December begins](https://todaymarkets.ae/bitcoin-ethereum-xrp-face-major-losses-as-december-begins/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are off to a bearish start in December, with over 4% losses by press time on Monday. Bitcoin, Ethereum, and Ripple face renewed selling, risking further losses to $80,000 BTC, $2,100 ETH, and $1.90 XRP, respectively.  The fresh sell-off wave aligns with Bank of Japan (BoJ) Governor Kazuo Ueda’s statement that possible … - [India Manufacturing PMI Revised Lower](https://todaymarkets.ae/india-manufacturing-pmi-revised-lower/): The HSBC India Manufacturing PMI eased to 56.6 in November 2025, revised down from initial estimates of 57.4 and October’s 59.2. This marks the slowest improvement in operating conditions since February, though the sector remained above its long-run average of 54.2. Factory output expanded at a sharp pace, but growth was the weakest since February, … - [China Manufacturing PMI Hits 4-Month Low](https://todaymarkets.ae/china-manufacturing-pmi-hits-4-month-low/): The RatingDog China General Manufacturing PMI fell to 49.9 in November 2025 from 50.6 in the previous month, hitting its lowest level since July and missing market forecasts of 50.5. The latest result indicated a slight drop in factory activity, with output and new orders largely stagnant amid renewed job cuts and subdued purchasing levels. … - [EUR/JPY weakens below 180.50 as BoJ's Ueda hints at rate hike](https://todaymarkets.ae/eur-jpy-weakens-below-180-50-as-bojs-ueda-hints-at-rate-hike/): The EUR/JPY cross attracts some sellers near 180.45 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) due to the latest comments from Bank of Japan (BoJ) Governor Kazuo Ueda. The HCOB Manufacturing Purchasing Managers Index (PMI) from the Eurozone, Germany, and France will be released later on Monday. … - [XAU/USD extends the rally above $4,200 as Fed rate cut bets grow](https://todaymarkets.ae/xau-usd-extends-the-rally-above-4200-as-fed-rate-cut-bets-grow/): Gold price (XAU/USD) trades in positive territory near $4,230 during the early Asian trading hours on Monday. The precious metal edges higher amid growing speculation that the US Federal Reserve (Fed) may cut interest rates in December. Traders await the release of the US ISM Manufacturing Purchasing Managers Index (PMI) report for November later on Monday.  Expectations of continued … - [GBP/USD: Likely to test 1.3435 – UOB Group](https://todaymarkets.ae/gbp-usd-likely-to-test-1-3435-uob-group/): There is room for Pound Sterling (GBP) to test 1.3435; the major support at 1.3400 is not expected to come under threat. In the longer run, downside risk appears to be building, but any GBP weakness is likely part of a lower range of 1.3400/1.3535, UOB Group’s FX analysts Quek Ser Leang and Peter Chia … - [USD/MXN extends slide after 50-DMA rejection – Société Générale](https://todaymarkets.ae/usd-mxn-extends-slide-after-50-dma-rejection-societe-generale/): USD/MXN has continued to fall after failing to hold above the 50-day moving average, with the pair testing support near 17.85–17.80. While momentum indicators hint at potential stabilization, a break below current levels could open the door toward the July 2024 lows around 17.60, Société Générale’s FX analysts note. Peso strengthens as pair nears key … - [European Gas prices rise on colder weather – ING](https://todaymarkets.ae/european-gas-prices-rise-on-colder-weather-ing/): European Gas prices moved higher as colder weather and forecasts for continued low temperatures boosted demand and accelerated storage withdrawals. With EU Gas storage down to 58% and investment funds reducing net short positions for a third straight week, downside pressure on TTF has eased, ING’s commodity experts Ewa Manthey and Warren Patterson note. EU … - [EUR: Euro CPI on target, ECB hawkish bias intact – ING](https://todaymarkets.ae/eur-euro-cpi-on-target-ecb-hawkish-bias-intact-ing/): Despite sub-consensus German CPI, euro area figures were in line with the 2.0% consensus. As discussed yesterday, even a small undershooting wouldn’t have triggered material dovish repricing given the ECB’s hawkish communication, ING’s FX analyst Francesco Pesole notes. EUR/USD seen neutral with 1.170 in focus “The focus for the euro at this stage is on geopolitics, looking … - [EUR/USD: Likely to edge lower and the major support at 1.1650 – UOB Group](https://todaymarkets.ae/eur-usd-likely-to-edge-lower-and-the-major-support-at-1-1650-uob-group/): Euro (EUR) could edge lower and the major support at 1.1650 may be tested. In the longer run, price action suggests EUR could decline to 1.1650; it is too early to determine in if it could maintain a foothold below this level, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Price action … - [Venezuela headlines weigh further on Oil prices – ING](https://todaymarkets.ae/venezuela-headlines-weigh-further-on-oil-prices-ing/): Developments around Venezuela continue to grab headlines, putting further pressure on Oil prices. President Trump said that Venezuela will sell up to 50m barrels of sanctioned Oil to the US (which could also put immediate pressure on Canadian crude Oil flows to the US), ING’s commodity experts Ewa Manthey and Warren Patterson note. US tightens … - [DAX Extends Record Run While CAC 40 Edges Down on Thursday](https://todaymarkets.ae/dax-extends-record-run-while-cac-40-edges-down-on-thursday/): The DAX in Frankfurt edged up 0.3% to cross 25,200 on Thursday, hitting a new milestone and outperforming regional peers as investors grappled with rising geopolitical risks. Relations between the US and Russia were under scrutiny, especially after the US seizure of two oil tankers linked to Venezuela, one of which was Russian-flagged. US ambitions … - [The UK Economy: Understanding the GBP/USD Exchange Rate and Its Impact on Exporters](https://todaymarkets.ae/the-uk-economy-understanding-the-gbp-usd-exchange-rate-and-its-impact-on-exporters/): Introduction to the UK Economy and GBP/USD Dynamics The UK economy has continually evolved, particularly in the aftermath of Brexit, which has introduced new dynamics in international trade and currency exchange. As the nation navigates these changes, understanding the GBP/USD exchange rate becomes crucial for exporters and businesses involved in international markets. Currently, the GBP/USD … - [The Future of Bitcoin: Finding a Stable Value for Real-World Acceptance](https://todaymarkets.ae/the-future-of-bitcoin-finding-a-stable-value-for-real-world-acceptance/): The Origins of Bitcoin: Why It Was Created Bitcoin emerged in 2009, sprouting from the desire to create a decentralized form of currency that would operate independently of central banks and traditional financial institutions. The motivations behind the invention of Bitcoin can largely be traced back to the global financial turmoil of 2008, which exposed … - [Navigating the New Retail Price of Gold: Understanding the $4,300 Mark and Market Fluctuations](https://todaymarkets.ae/navigating-the-new-retail-price-of-gold-understanding-the-4300-mark-and-market-fluctuations/): The New Price Benchmark: Gold at $4,300 The retail price of gold has recently stabilized around the $4,300 mark, reflecting a significant shift influenced by various economic and geopolitical factors. This price point serves as a new benchmark in the gold market, largely driven by inflationary pressures and evolving market dynamics. Since the onset of … - [XAG/USD extends its reversal below $76.00](https://todaymarkets.ae/xag-usd-extends-its-reversal-below-76-00/): Silver (XAG/USD) is trading lower in an otherwise calm market session on Thursday. The moderate risk-off sentiment is failing to provide support to the precious metal, which has extended its reversal from Wednesday’s highs, near $83.00, to levels below $76.00 so far.InvestorsPrecious metals are on the defensive on Thursday, giving away some of the ground taken … - [Risk Aversion Returns as U.K. Retailers Post Earnings Amid Challenging Consumer Environment](https://todaymarkets.ae/risk-aversion-returns-as-u-k-retailers-post-earnings-amid-challenging-consumer-environment/): Risk sentiment remains fragile this morning, as geopolitical tensions continue to flare up, and Nvidia’s sales to China are the latest tool President Trump is using to target Beijing. Stock market futures are a sea of red this morning, as the market backs away from risk for the second straight day. Tesco earnings saved by … - [Economic Calendar - Jobless Claims And Challenger Data in Focus](https://todaymarkets.ae/economic-calendar-jobless-claims-and-challenger-data-in-focus/): Fifteen minutes before the opening of the cash session in Europe, futures contracts point to a mixed picture for today’s session, with a slight bias towards declines. The DE40 is currently down 0.1%, while the VSTOXX contract, which reflects volatility on the European trading floor, is up 0.63%. Markets are retreating after yesterday’s comments by … - [The Ripple Effect: How Geopolitical Tensions Impact Gold, Silver, Platinum, and Oil Prices](https://todaymarkets.ae/the-ripple-effect-how-geopolitical-tensions-impact-gold-silver-platinum-and-oil-prices/): Understanding the Commodity Markets Commodity markets represent the arena wherein raw materials and primary goods are exchanged. These markets are crucial for traders, investors, and industries reliant on such materials. Commodities are typically classified into two main categories: hard and soft commodities. Hard commodities are natural resources that must be mined or extracted, such as … - [Opposite and Equal Reactions: The Realpolitik Game](https://todaymarkets.ae/opposite-and-equal-reactions-the-realpolitik-game/): In the modern era, geopolitical tensions have emerged as critical influencers in shaping international relations, particularly concerning the interactions among Russia, China, and the USA. This complex dynamic is rooted in historical events, marked significantly by Russia’s annexation of Crimea in 2014, an act that reignited Cold War-like animosities and subsequently redefined the contours of … - [Markets turn cautious ahead of next batch of US data](https://todaymarkets.ae/markets-turn-cautious-ahead-of-next-batch-of-us-data/): Here is what you need to know on Thursday, January 8: The market mood sours early Thursday and investors adopt a cautious stance. The European economic calendar will feature business and consumer sentiment data, alongsinde Eurozone Producer Price Index (PPI) figures for November. In the second half of the day, weekly Initial Jobless Claims, October Trade Balance and … - [UK House Price Growth Lowest in Over Two Years](https://todaymarkets.ae/uk-house-price-growth-lowest-in-over-two-years/): The Halifax House Price Index showed UK house prices rose 0.3% year-on-year in December 2025, slowing from a revised 0.6% gain in November and below expectations of a 1.1% increase. This marks the smallest growth since a decline in November 2023. On a monthly basis, prices declined 0.6%, following a 0.1% drop, missing forecasts for … - [Swedish Inflation Rate Unchanged in December](https://todaymarkets.ae/swedish-inflation-rate-unchanged-in-december/): Sweden’s annual inflation rate stood at 0.3% in December 2025, unchanged from the previous month, according to preliminary estimates. It remained the lowest reading since May and came in below market expectations of 0.5%. On a monthly basis, consumer prices were flat after falling by 0.4% in November. Meanwhile, the CPI with a fixed interest … - [German Factory Orders rebound sharply by 5.6% MoM in November vs. -1% expected](https://todaymarkets.ae/german-factory-orders-rebound-sharply-by-5-6-mom-in-november-vs-1-expected/): Germany’s Factory Orders unexpectedly rebounded in November, suggesting that the country’s manufacturing sector activity continues to gain momentum, according to the official data published by the Federal Statistics Office on Thursday. Over the month, contracts for goods ‘Made in Germany’ jumped by 5.6% in November after rising by 1.5% in October. Data beat the estimated … - [WTI declines to near $56.00 as Venezuelan oil deal overshadows US inventory drawdown](https://todaymarkets.ae/wti-declines-to-near-56-00-as-venezuelan-oil-deal-overshadows-us-inventory-drawdown/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.05 during the early European trading hours on Thursday. The WTI price declines on US President Donald Trump statements on Venezuelan oil. Traders will keep an eye on the release of the US jobs data for December, which will be released later on Friday.  Trump … - [U.S. Grains Surge on Commodity Fund Buying](https://todaymarkets.ae/u-s-grains-surge-on-commodity-fund-buying/): U.S. grains and soybeans start the week with a solid rebound on Chicago Board of Trade (CBOT). Futures climbed at the start of the week, recovering from recent significant declines. Soybeans in particular bounced sharply after being heavily oversold in the previous sessions. Broad-based buying was fueled by commodity funds, which were net buyers of corn, … - [Critical Metals Corp And Speculation About Greenland](https://todaymarkets.ae/critical-metals-corp-and-speculation-about-greenland/): Shares of Critical Metals Corp are up another 7% yesterday, extending their total rebound to more than 80%. The main driver behind the move is the renewed focus on US interest in Greenland. Critical Metals is highly dependent on developments in the relationship between Greenland and the United States, as its key asset is the Tanbreez … - [Gold continues to lose ground despite supportive fundamental backdrop](https://todaymarkets.ae/gold-continues-to-lose-ground-despite-supportive-fundamental-backdrop/): Gold (XAU/USD) extends its descending trend for the second straight day and drops to a three-day low, around the $4,415 area, heading into the European session on Thursday. In the absence of any relevant fundamental catalyst, the downtick could be attributed to some profit-taking ahead of the release of the US Nonfarm Payrolls (NFP) report on … - [Dutch Personal Spending Grows the Least in 7 Months](https://todaymarkets.ae/dutch-personal-spending-grows-the-least-in-7-months/): Household consumption in the Netherlands rose 0.5% year-on-year in November 2025, easing from an upwardly revised 0.9% gain in the previous month and marking the weakest growth since April. Durable goods spending moderated (1.4% vs 2.3% in October), supported mainly by footwear, appliances, and clothing, while overall goods consumption was subdued (0.1% vs 1.0%). Outlays … - [USD/INR recovers as investors brush off RBI’s intervention](https://todaymarkets.ae/usd-inr-recovers-as-investors-brush-off-rbis-intervention/): The Indian Rupee (INR) opens on a subdued note against the US Dollar (USD) on Thursday after a decent upside move the previous day. The USD/INR pair rises to near 90.20 as the Indian Rupee struggles to regain ground despite the Reserve Bank of India’s (RBI) intervention on Wednesday. Traders stated on Wednesday that the … - [GBP/USD flat lines above 1.3450 as traders eye US jobs data](https://todaymarkets.ae/gbp-usd-flat-lines-above-1-3450-as-traders-eye-us-jobs-data/): The GBP/USD pair trades on a flat note around 1.3465 during the early European trading hours on Thursday. Markets turn cautious as traders await the upcoming key US economic data this week. The weekly US Initial Jobless Claims report is due later in the day ahead of the highly anticipated Nonfarm Payrolls (NFP) reading.  The US jobs data … - [Gold selling pressure persists as traders lock in profits ahead of US NFP report](https://todaymarkets.ae/gold-selling-pressure-persists-as-traders-lock-in-profits-ahead-of-us-nfp-report/): Gold (XAU/USD) remains under some selling pressure for the second straight day and slides back closer to the overnight swing low during the Asian session on Thursday. The downtick lacks any fundamental catalyst and is likely to remain limited amid a supportive fundamental backdrop. The resilient global risk sentiment has started showing signs of weakness on … - [EUR/GBP recovers to near 0.8680 as investors brush off soft Eurozone HICP data](https://todaymarkets.ae/eur-gbp-recovers-to-near-0-8680-as-investors-brush-off-soft-eurozone-hicp-data/): The EUR/GBP pair recovers its early losses and trades marginally higher to near 0.8680 during the late Asian trading session on Thursday. The pair gains as investors brush off soft Eurozone preliminary Harmonized Index of Consumer Prices (HICP) data for December. Eurostat reported on Wednesday that the headline HICP grew at an annualized pace of 2%, as expected, slower … - [Japanese Yen rebounds vs. weaker USD amid softer risk tone.](https://todaymarkets.ae/japanese-yen-rebounds-vs-weaker-usd-amid-softer-risk-tone/): The Japanese Yen (JPY) reverses a modest Asian session dip on Thursday and, for now, seems to have snapped a two-day losing streak against a broadly weaker US Dollar (USD). The growing acceptance that the Bank of Japan (BoJ) will stick to its policy normalization path, along with intervention fears, act as a tailwind for … - [USD/CHF clings to gains near 0.7970 ahead of Swiss CPI, US NFP data](https://todaymarkets.ae/usd-chf-clings-to-gains-near-0-7970-ahead-of-swiss-cpi-us-nfp-data/): The USD/CHF pair holds onto two-day gains near 0.7975 during the late Asian trading session on Thursday. The Swiss Franc pair trades firmly as the US Dollar (USD) gains, following strong United States (US) ISM Services Purchasing Managers’ Index (PMI) data for December. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value … - [GBP/JPY struggles below 211.00 as flight to safety benefits JPY; lacks bearish conviction](https://todaymarkets.ae/gbp-jpy-struggles-below-211-00-as-flight-to-safety-benefits-jpy-lacks-bearish-conviction/): The GBP/JPY cross struggles to build on a modest Asian session uptick on Thursday and currently trades near the lower end of its daily range, just below the 211.00 mark. Spot prices, however, lack follow-through selling, warranting some caution before positioning for an extension of the recent pullback from the 212.15 region, or the highest … - [EUR/CAD rises to near 1.6200 as Canadian Dollar struggles on Oil demand concerns](https://todaymarkets.ae/eur-cad-rises-to-near-1-6200-as-canadian-dollar-struggles-on-oil-demand-concerns/): EUR/CAD extends its gains for the fourth successive session, trading around 1.6200 during the Asian hours on Thursday. The currency cross advances as the commodity-linked Canadian Dollar (CAD) comes under pressure after US President Donald Trump signaled efforts to restore Venezuelan crude imports, stoking concerns over increased supply and tougher competition for Canadian oil demand. … - [Offshore Yuan Nears 7-Per-Dollar Threshold](https://todaymarkets.ae/offshore-yuan-nears-7-per-dollar-threshold/): The offshore yuan rose to around 6.98 per dollar on Thursday, rebounding from the previous session and moving closer to the psychologically important 7-per-dollar level, largely driven by exporters stepping up conversions of dollar holdings into the local currency. Toward the end of the year, exporters typically increase foreign-exchange conversions to meet a range of … - [Silver Falls for Second Session](https://todaymarkets.ae/silver-falls-for-second-session/): Silver dropped below $77 per ounce on Thursday, extending losses from the previous session as the bullish momentum that had driven precious metals toward record levels earlier this week began to fade. Prices also retreated as the dollar strengthened, with mixed US economic data offering limited clarity on the Federal Reserve’s policy outlook. Markets are … - [India Stocks Extend Losses for Fourth Session](https://todaymarkets.ae/india-stocks-extend-losses-for-fourth-session/): The BSE Sensex dropped 268 points, or 0.3%, to 84,693 in Thursday morning deals, down for the fourth consecutive session and reaching its lowest level since December 30, as geopolitical uncertainties and US tariff concerns dampened optimism around earnings growth. Ongoing foreign outflows also continued to pressure sentiment. The Nifty fell 0.4%, while small- and … - [Nat-Gas Prices Surge as US Weather Forecasts Turn Colder](https://todaymarkets.ae/nat-gas-prices-surge-as-us-weather-forecasts-turn-colder/): February Nymex natural gas (NGG26) on Wednesday closed up +0.175 (+5.22%), Feb nat-gas prices surged on Wednesday and settled sharply higher as longer-term US weather forecasts turned colder, potentially boosting heating demand and sparking short covering in nat-gas futures.   The Commodity Weather Group said Wednesday that a colder weather forecast is predicted for the … - [Crude Prices Tumble on Signs of Robust Global Oil Supplies](https://todaymarkets.ae/crude-prices-tumble-on-signs-of-robust-global-oil-supplies/): February WTI crude oil (CLG26) on Wednesday closed down -1.14 (-2.00%), and February RBOB gasoline (RBG26) closed down -0.061 (-0.36%). Crude oil and gasoline prices sold off on Wednesday, with crude falling to a 2-week low.  Crude prices tumbled on Wednesday after the US lifted some sanctions on Venezuelan crude exports and President Trump said … - [Cattle Fall Back Lower ](https://todaymarkets.ae/cattle-fall-back-lower/): Live cattle futures posted losses of $2 to $2.20 in the front months on Wednesday. Cash trade has been quiet so far this week with bids of $232 so far in the South. The Wednesday morning Fed Cattle Exchange online auction showed just 1 lot sold at $360.50 dressed, with bids of $230-232 live. Feeder cattle … - [Soybeans Post Double Digit Rally](https://todaymarkets.ae/soybeans-post-double-digit-rally/): Soybeans were in rally mode on Wednesday, with contracts closing 10 to 11 cents in the front months. The cmdtyView national average Cash Bean price was 11 1/2 cents higher at $9.94 3/4. Soymeal futures were $3.70 to $6.80 higher, with Soy Oil futures 8 to 18 points lower on the day. There were 88 deliveries issued against January soybeans overnight, … - [Corn Pops Back Higher](https://todaymarkets.ae/corn-pops-back-higher/): Corn futures were pushing higher into the Wednesday close, as contracts were 2 to 3 cents higher in the nearbys. The CmdtyView national average Cash Corn price was up 2 ½ cents at $4.08 3/4.  EIA data from this morning showed ethanol production in the week ending on January 2 slowing 22,000 barrels per day wk/wk to … - [Wheat Rallies](https://todaymarkets.ae/wheat-rallies/): The wheat complex was in rally mode on Wednesday, with all three exchanges closing higher. Chicago SRW futures were 6 to 8 cents higher on the session. KC HRW futures posted 10 cent front month gains on Wednesday. MPLS spring wheat was up 3 to 4 cents on Wednesday. Export sales data for the week … - [Below-Normal Rain in Brazil Boosts Arabica Coffee Prices](https://todaymarkets.ae/below-normal-rain-in-brazil-boosts-arabica-coffee-prices/): March arabica coffee (KCH26) on Wednesday closed up +1.60 (+0.43%).  March ICE robusta coffee (RMH26) closed down -68 (-1.70%). Coffee prices settled mixed on Wednesday, with arabica posting a 4-week high.  Below-average rainfall in Brazil, the world’s largest arabica producer, is supporting arabica coffee prices.  Somar Meteorologia reported Monday that Brazil’s largest arabica coffee-growing area, … - [Cocoa Prices Retreat on Improved West African Crop Prospects](https://todaymarkets.ae/cocoa-prices-retreat-on-improved-west-african-crop-prospects/): March ICE NY cocoa (CCH26) on Wednesday closed down -39 (-0.66%).  March ICE London cocoa #7 (CAH26) closed down -31 (-0.72%). Cocoa prices tumbled to 1-month lows on Wednesday amid favorable growing conditions in West Africa.  Tropical General Investments Group said last Friday that favorable growing conditions in West Africa are expected to boost the … - [The Outlook for Reduced Brazil Sugar Exports Lifts Prices](https://todaymarkets.ae/the-outlook-for-reduced-brazil-sugar-exports-lifts-prices/): March NY world sugar #11 (SBH26) on Wednesday closed up +0.22 (+1.49%).  March London ICE white sugar #5 (SWH26) closed up +4.10 (+0.97%). Sugar prices settled higher on Wednesday as recent strength in the Brazilian real discouraged export sales by Brazilian sugar producers, potentially reducing supplies.  The real (^USDBRL) climbed to a 1-month high against … - [Cotton Falls ](https://todaymarkets.ae/cotton-falls/): Cotton futures are in retreat mode from the early session gains, as contracts are up 3 to 5 points at midday. Crude oil futures were back down 76 cents per barrel at $56.40. The US dollar index was up $0.173 at $98.335.  The Tuesday online auction from The Seam showed sales of 61.13 cents/lb on … - [Gold Extends Losses](https://todaymarkets.ae/gold-extends-losses/): Gold dipped to around $4,440 per ounce on Thursday, extending losses from the previous session, as investors assessed mixed US economic data while geopolitical developments remained a key focus. Job openings dropped more than expected in November, signaling softer labor demand, while private payrolls in December increased less than expected. However, ISM data showed stronger-than-expected … - [South Korean Shares Extend Record Rally](https://todaymarkets.ae/south-korean-shares-extend-record-rally/): The benchmark KOSPI rose 1% to around 4,600 on Thursday, extending a run of record-setting sessions, driven by strong earnings momentum and gains in semiconductor, defense, and shipbuilding stocks. Samsung Electronics’ preliminary results showed record fourth-quarter operating profit near KRW 20 trillion, reinforcing expectations of a sustained semiconductor supercycle. The outlook was underpinned by sharply … - [Hong Kong Equities Under Pressure](https://todaymarkets.ae/hong-kong-equities-under-pressure/): Hong Kong stocks tumbled 367 points, or 1.4%, to 26,094 in early Thursday trade, extending losses for a second session after Wall Street’s S&P 500 and Dow Jones slipped from record highs overnight on uneven U.S. economic data. Profit-taking deepened after local markets hit an over seven-week high earlier in the week, amid growing caution … - [China Stocks Stall After Strong Rally](https://todaymarkets.ae/china-stocks-stall-after-strong-rally/): The Shanghai Composite shed 0.5% to 4,084 while the Shenzhen Component lost 0.15% to 14,011 on Thursday, with mainland stocks pausing a strong rally that brought the benchmark indexes to multi-year highs. Chinese stocks outperformed at the start of the year fueled by optimism over China’s advancements in artificial intelligence and other high-tech sectors, as … - [US 10-Year Yield Extends Decline](https://todaymarkets.ae/us-10-year-yield-extends-decline/): The yield on the 10-year US Treasury fell to around 4.14% on Thursday, extending this week’s decline as investors continued to assess the outlook for Federal Reserve policy in light of the latest economic data. Job openings dropped more than expected in November, signaling cooling labor demand, while private payroll growth in December was weaker … - [Palm Oil Extends Gains](https://todaymarkets.ae/palm-oil-extends-gains-2/): Malaysian palm oil futures edged up on Thursday, hovering near MYR 4,040 per tonne to mark a second day of gains. Support came from a weaker U.S. dollar and firmer rival edible oil prices in Dalian and Chicago markets, alongside bets of stronger demand ahead of the Lunar New Year and Ramadan in February. In … - [GBP/USD consolidates near 1.3500 – Scotiabank](https://todaymarkets.ae/gbp-usd-consolidates-near-1-3500-scotiabank/): The Pound Sterling (GBP) is trading flat against the US Dollar (USD), consolidating around 1.3500 as weak construction PMI data fails to generate a market reaction. While the broader trend remains bullish, fading momentum suggests GBP/USD may stay range-bound between 1.3450 and 1.3550 in the near term, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. … - [EUR holds steady in quiet trade ahead of NA session – Scotiabank](https://todaymarkets.ae/eur-holds-steady-in-quiet-trade-ahead-of-na-session-scotiabank/): The Euro (EUR) is steady, entering Wednesday’s NA session unchanged vs. the US Dollar (USD) in an overall quiet market. The EUR’s range since June has been flat, and its latest pullback has been driven by a combination of broader geopolitical developments and softer CPI data (France, Germany), Scotiabank’s Chief FX Strategists Shaun Osborne and Eric … - [Gold eases below $4,500 as markets turn cautious ahead of US data](https://todaymarkets.ae/gold-eases-below-4500-as-markets-turn-cautious-ahead-of-us-data/): Gold (XAU/USD) trades on the back foot on Wednesday as selling pressure emerges near the $4,500 psychological mark, prompting mild profit-taking at elevated levels. At the time of writing, XAU/USD is trading around $4,452, down nearly 0.90% on the day, as traders reposition ahead of US economic releases due later in the American trading session. … - [US Private Sector Employment Rebounds: ADP](https://todaymarkets.ae/us-private-sector-employment-rebounds-adp/): Private sector employment in the US increased by 41K jobs in December 2025, after a revised 29K loss in November and slightly less than forecasts of a 47K gain. December brought a rebound in hiring, led by education and health services, and leisure and hospitality. “Small establishments recovered from November job losses with positive end-of-year … - [US Futures Mixed Into Wednesday Session](https://todaymarkets.ae/us-futures-mixed-into-wednesday-session/): Futures tracking US equities were mixed on Wednesday, lagging gains for Treasuries as markets continued to assess the outlook for earnings on a backdrop of lower rates against higher economic uncertainty. Contracts attached to the S&P 500 and the Dow inched up to extend their record highs from the previous session, while those for the … - [Silver Slips 3% - Double Top Pattern?](https://todaymarkets.ae/silver-slips-3-double-top-pattern/): Silver prices at the beginning of the year launched a new, strong upward wave, pushing the metal from around $70 to nearly $82, approaching the historical peak from late December 2025. However, a downward move began yesterday, with silver falling about 5% from the local high to $78 and struggling to maintain momentum above the … - [EUR/JPY declines as geopolitical tensions, hawkish BoJ boost Yen](https://todaymarkets.ae/eur-jpy-declines-as-geopolitical-tensions-hawkish-boj-boost-yen/): EUR/JPY trades around 182.90 on Wednesday at the time of writing, down 0.10% on the day. The cross remains under pressure as the Japanese Yen (JPY) benefits from a more defensive market environment, amid rising geopolitical tensions in Asia and continued firm signals from the Bank of Japan (BoJ). On the European side, the latest … - [US Mortgage Applications Hold Slump](https://todaymarkets.ae/us-mortgage-applications-hold-slump/): The volume of mortgage applications in the US inched higher by 0.3% from the previous week on the period ending January 2nd, loosely holding the 10% pullback from the last full week of December, according to data compiled by the Mortgage Bankers Association. Applications levels remained near their lowest since the start of August last … - [US Mortgage Rates Dip to Lowest Level Since September 2024](https://todaymarkets.ae/us-mortgage-rates-dip-to-lowest-level-since-september-2024/): The US average contract interest rate for 30-year fixed-rate mortgages on conforming loans of $806,500 or less fell to 6.25% in the week ending January 2, the lowest level since September 2024, according to the Mortgage Bankers Association (MBA). This marks a decline from 6.32% the previous week ending December 26, equivalent to a decrease … - [DAX Hits Fresh Highs, Outperforms](https://todaymarkets.ae/dax-hits-fresh-highs-outperforms/): The DAX in Frankfurt was 0.6% firmer around 25,045 on Wednesday, setting fresh record highs and outperforming its European peers. Investors digested benign inflation data from the Eurozone, which prompted them to push back bets on ECB rate hikes by year-end, while continuing to monitor geopolitical developments, including President Trump’s controversial Greenland comments. Heildelberg Materials, … - [Indian GDP Seen Growing 7.4% in FY26](https://todaymarkets.ae/indian-gdp-seen-growing-7-4-in-fy26/): The Indian GDP is expected to grow 7.4% in real terms during the 2026 financial year, according to a preliminary estimate, to reflect a rebound from the 6.5% in the earlier period and maintain India’s spot as the fastest growing economy in the G20. The acceleration compared to the government’s initial projection that growth would … - [USD/JPY holds below 158.90 amid China-Japan tensions – BBH](https://todaymarkets.ae/usd-jpy-holds-below-158-90-amid-china-japan-tensions-bbh/): USD/JPY remains under last year’s double-top around 158.90 as China imposes export controls on goods with potential military use, though the yen shows little immediate reaction. Despite rising tensions, analysts see Japan and China entering a ‘managed rivalry’, with trade and diplomatic channels likely helping to contain economic disruption, BBH FX analysts report. China imposes … - [RUB: Russian Oil exports plunge, revenue falls sharply – Commerzbank](https://todaymarkets.ae/rub-russian-oil-exports-plunge-revenue-falls-sharply-commerzbank/): Russian Oil exports are declining sharply, impacting the nation’s export and budget revenues. In the four weeks to 4 January 2026, Russia shipped 3.43 million barrels a day, a decrease by c.440,000 barrels from the period ending 21 December 2025. The value of Moscow’s exports averaged $960 million a week, representing a 10% decrease from … - [EUR/GBP - LSEG Recommendation](https://todaymarkets.ae/eur-gbp-lseg-recommendation/): LSEG has issued a recommendation for the EURGBP currency pair. LSEG recommends taking a long position on the EURGBP pair on the following conditions: Entry (market): 0.8652Target price: 0.8740Stop loss: 0.8625 LSEG recommends taking a long position on EURGBP at the market price with a take profit order at 0.8740 and a stop loss order … - [Trade of The Day - Aluminium](https://todaymarkets.ae/trade-of-the-day-aluminium/): Facts: Trade: Short position (SHORT) on ALUMINIUM at market price ALUMINUM (H1) Source: xStation5Opinion: The market expects significant aluminium shortages this year. A shortage scenario reaching even 400 thousand tons is already priced in, but investors ignore any risks to commodity valuations. Primarily, the market focuses on China’s production limit of 45 million tons, which … - [Chart of The Day - CHN.cash](https://todaymarkets.ae/chart-of-the-day-chn-cash-3/): The HSCEI futures are down 1.1% as risk appetite plunges. Anticipation of a series of key US labor market releases is generating caution worldwide, while geopolitical tensions are adding further pressure on Asian indices. CHN.cash is trading below the 50% Fibonacci retracement of the last downward wave, but the sell-off has halted near the 100-day exponential … - [AUD/USD breaks higher after trend-line clearance – Société Générale](https://todaymarkets.ae/aud-usd-breaks-higher-after-trend-line-clearance-societe-generale/): AUD/USD has broken above a descending trend line and the top of its multi-month range, signaling renewed upside momentum. A pullback toward 0.6650 may offer support, with gains potentially extending toward 0.6855–0.6940, Société Générale’s FX analysts note. . AUD regains momentum above 200-DMA “AUD/USD successfully defended its 200-DMA in November and gradually broke above a descending … - [France’s 10-Year OAT Yield Falls to One-Month Low](https://todaymarkets.ae/frances-10-year-oat-yield-falls-to-one-month-low/): France’s 10-year OAT yield slipped toward 3.5%, its lowest level since early December, as investors digested weaker-than-expected inflation data and awaited developments on the country’s budget negotiations. Preliminary Eurozone numbers showed inflation eased to a four-month low of 2% in December, returning to the ECB’s midpoint target, while core inflation fell to 2.3%, slightly below … - [Eurozone Inflation Eases to ECB Target](https://todaymarkets.ae/eurozone-inflation-eases-to-ecb-target/): Euro area consumer price inflation eased to 2.0% in December 2025, down from 2.1% in November, according to a preliminary estimate. This marks the lowest rate since August, returning to the ECB’s midpoint target and reinforcing expectations that interest rates are likely to remain steady for the foreseeable future. The slowdown reflected a modest easing … - [GBP/USD: Likely to range-trade between 1.3470 and 1.3535 – UOB Group](https://todaymarkets.ae/gbp-usd-likely-to-range-trade-between-1-3470-and-1-3535-uob-group/): Pound Sterling (GBP) is likely to range-trade, most likely between 1.3470 and 1.3535. In the longer run, GBP could rise to 1.3590; the odds of a continued rise above this level are not high. GBP might rise to 1.3590 24-HOUR VIEW: “GBP dropped to a low of 1.3415 on Monday and then rebounded sharply. Yesterday, … - [USD: Miran’s dovish call fails to move markets – MUFG](https://todaymarkets.ae/usd-mirans-dovish-call-fails-to-move-markets-mufg/): Fed Governor Miran reiterated his call for aggressive rate cuts, but his comments were seen as predictable and had little impact on markets. Attention is shifting to US policy risks, with a potential Supreme Court ruling on tariffs posing a new source of uncertainty for the US Dollar (USD), MUFG’s FX analyst Derek Halpenny reports. … - [EUR/USD: Bias remains tilted to the downside – UOB Group](https://todaymarkets.ae/eur-usd-bias-remains-tilted-to-the-downside-uob-group/): EUR is likely to edge lower, but any decline is unlikely to reach the major support at 1.1650. In the longer run, bias remains tilted to the downside, but EUR must close below 1.1680 before a move toward 1.1650 can be expected, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. EUR is … - [USD: Markets look past Venezuela shock, refocus on data – ING](https://todaymarkets.ae/usd-markets-look-past-venezuela-shock-refocus-on-data-ing/): The impact of the Venezuelan shock has largely faded, with oil, equities, and FX markets reverting to pre-January levels as investors step back from trading geopolitical headlines. Attention now turns to US data, where ADP and JOLTS carry downside risks for the dollar despite a neutral-to-slightly bullish near-term USD outlook, ING’s FX analyst Francesco Pesole notes. Dollar firms … - [AUD: CPI slows as headline inflation misses forecasts – UOB Group](https://todaymarkets.ae/aud-cpi-slows-as-headline-inflation-misses-forecasts-uob-group/): Headline CPI was flat on the month and slowed to 3.4% y/y, undershooting expectations as underlying inflation eased slightly. Despite the softer print, the November CPI is unlikely to influence the RBA’s February decision, with attention firmly on the quarterly inflation data later this month, UOB Group’s economists Lee Sue Ann reports. Softer monthly CPI … - [German Conglomerate To Sell Off Troubled Unit in India. Shares Gain 5%](https://todaymarkets.ae/german-conglomerate-to-sell-off-troubled-unit-in-india-shares-gain-5/): German industrial conglomerate Thyssenkrupp AG (TKA.DE), known for its steel production, automotive parts, and industrial technology, is gaining nearly 5% on the stock market today following reports that it may finally be close to a landmark sale of its troubled steel unit. According to Reuters, Thyssenkrupp is considering gradually transferring control of Thyssenkrupp Steel Europe to … - [Focus on Geopolitical as Risk Rally Pauses](https://todaymarkets.ae/focus-on-geopolitical-as-risk-rally-pauses/): The global stock market rally that has taken financial markets by storm in recent days has lost momentum as we move through the week. Asian stocks fell by more than 1%, commodities are also lower, with gold, oil and siler all falling. China/ Japan tensions latest geopolitical flareup There are a few themes that are … - [Economic Calendar - U.S. Labour Market Set to Rebound?](https://todaymarkets.ae/economic-calendar-u-s-labour-market-set-to-rebound/): Markets are holding their breath ahead of a series of scheduled macroeconomic releases that will shape expectations for Friday’s US employment report (NFP). In the US, attention focuses on both the ADP private employment change and JOLTS job openings. Investors expect the data to indicate a stabilizing labor market following recent Fed rate cuts, though … - [DAX Scales Fresh Highs](https://todaymarkets.ae/dax-scales-fresh-highs/): The DAX in Frankfurt rose 0.5% to cross the 25,000 mark on Wednesday, a new milestone, extending gains for the seventh day. Investors focused on upcoming key economic data, including inflation figures from the eurozone and the US ADP report, while also monitoring geopolitical developments. On the corporate front, Siemens led gains, with its shares … - [FTSE 100 Snaps 4-Day Wining Streak](https://todaymarkets.ae/ftse-100-snaps-4-day-wining-streak/): The FTSE 100 fell about 0.4% on Wednesday, following a record high on Tuesday and four consecutive sessions of gains, dragged down by heavyweight commodity stocks due to a drop in oil and precious metal prices. Oil majors Shell and BP slipped over 2% after US President Donald Trump said Venezuela would send up to … - [Eurozone Construction Downturn Softest in Almost 3 Years](https://todaymarkets.ae/eurozone-construction-downturn-softest-in-almost-3-years/): The HCOB Eurozone Construction PMI rose to 47.4 in December 2025 from 45.4 in November, signaling the softest contraction since February 2023. The improvement was mainly attributed to renewed expansion in Germany and slower reductions in residential construction. Commercial activity also fell at a softer pace, while civil engineering decreased slightly faster than in November. … - [When is the Eurozone Prelim HICP inflation and how could it affect EUR/USD?](https://todaymarkets.ae/when-is-the-eurozone-prelim-hicp-inflation-and-how-could-it-affect-eur-usd-2/): The Eurozone Prelim HICP Overview The Eurostat will publish the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) data for December later on Wednesday at 10:00 GMT. Eurozone HICP inflation is expected to ease to 2.0% year-over-year (YoY) in December, from 2.1% in November. Meanwhile, the annual core inflation is anticipated to remain consistent at … - [Sweden Services Sector Growth Slows](https://todaymarkets.ae/sweden-services-sector-growth-slows/): The Services PMI in Sweden fell to 56.7 in December 2025, from an upwardly revised 59.2 in November, which had marked the highest level since June 2022. Despite the fall, the index remained above its historical average of 55.6 for the fourth month. The largest negative contribution came from business volume, with the sub-index dropping … - [German Bund Yields Slide to One-Month Low](https://todaymarkets.ae/german-bund-yields-slide-to-one-month-low/): Germany’s 10-year Bund yield declined further toward 2.8%, reaching its lowest level since early December, after a run of weaker-than-expected economic data and ahead of Eurozone inflation figures due later today. German retail sales fell by 0.6% in November, the sharpest drop since May, defying market expectations for a 0.2% increase. The move followed earlier … - [Hang Seng Ends 0.9% Lower](https://todaymarkets.ae/hang-seng-ends-0-9-lower/): The Hang Seng fell 251 points, or 0.9%, to close at 26,459 on Wednesday, retreating from seven-week highs and reversing strong gains in the prior session as most sectors lagged. Profit-taking emerged ahead of China’s December CPI and PPI data later this week, while Hong Kong’s forex reserves for late 2025 are due today. Geopolitical … - [EUR/USD holds losses with all eyes on US employment data](https://todaymarkets.ae/eur-usd-holds-losses-with-all-eyes-on-us-employment-data/): EUR/USD is practically flat, trading at 1.1685 at the time of writing, with the bearish bias from December highs intact. Trading ranges remain tight on Wednesday with investors awaiting the release of a string of key US employment figures, largely unfazed by the growing geopolitical tensions after the intervention in Venezuela. The Euro (EUR) extended its … - [Bitcoin, Ethereum, Ripple – BTC, ETH and XRP cool off as rally stalls near key resistance zones](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-cool-off-as-rally-stalls-near-key-resistance-zones/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices are taking a breather on Wednesday near their key resistance levels following the recent surge. BTC faces rejection at the $94,253 level, while ETH and XRP follow BTC’s footsteps, struggling near $3,308 and $2.35, respectively. The price action of the top three cryptocurrencies by market capitalization suggests a cooldown before the … - [Four reasons XRP has just been called the ‘hottest crypto trade’ of 2026](https://todaymarkets.ae/four-reasons-xrp-has-just-been-called-the-hottest-crypto-trade-of-2026/): Ripple’s payment token, XRP, has just been labelled by CNBC as the “new cryptocurrency darling” after gaining 25% in the first week of the new year. “The hottest crypto trade of the year is not Bitcoin, it is not Ether, it is XRP,” said CNBC’s Power Lunch host Brian Sullivan on Tuesday. XRP price surges in the … - [Platinum Retreats on Profit Booking](https://todaymarkets.ae/platinum-retreats-on-profit-booking/): Platinum futures fell back below $2,300 per ounce on Wednesday, retreating from near record highs as investors engaged in profit taking amid a broader selloff across the metals markets. Commodities also came under pressure from a firmer dollar as traders awaited a heavy slate of US economic data that could influence the Federal Reserve’s policy … - [Nickel Futures Rally to Over 2-Year High](https://todaymarkets.ae/nickel-futures-rally-to-over-2-year-high/): Nickel futures rose above $18,500 per tonne in January, hitting its highest level in more than two years, supported by strong investor sentiment and renewed concerns over supply from top producer Indonesia. Prices have surged sharply since mid-December as financial inflows intensified in metals markets, particularly in China, driving momentum across nickel futures on both … - [France Consumer Mood Marginally Improves](https://todaymarkets.ae/france-consumer-mood-marginally-improves/): Consumer confidence in France rose to 90 in December 2025 from 89 in November, meeting market expectations but remaining below the long-term average of 100. Savings intentions increased to 46 from 45, while negative perceptions of the past standard of living improved to -70 from -74. Major purchase intentions also became less negative, rising to … - [EUR/JPY Price Forecast: Slips below 183.00 as momentum weakens](https://todaymarkets.ae/eur-jpy-price-forecast-slips-below-183-00-as-momentum-weakens/): EUR/JPY extends its losses for the fourth successive session, trading around 182.80 during the European hours on Wednesday. The currency cross remains subdued following the release of Germany’s Retail Sales, which climbed 1.1% year-over-year (YoY) in November, following an increase of 0.9% in October. Monthly Retail Sales fell 0.6% in November, against a 0.3% decline … - [Japanese Yen sticks to intraday gains amid hawkish BoJ bets; lacks bullish conviction](https://todaymarkets.ae/japanese-yen-sticks-to-intraday-gains-amid-hawkish-boj-bets-lacks-bullish-conviction/): The Japanese Yen (JPY) remains on the front foot against a broadly weaker US Dollar (USD) through the early European session on Wednesday, though it lacks bullish conviction amid a mixed fundamental backdrop. The growing acceptance that the Bank of Japan (BoJ) will stick to its policy normalization path marks a significant divergence in comparison … - [ADP Employment Report expected to show solid job growth in December](https://todaymarkets.ae/adp-employment-report-expected-to-show-solid-job-growth-in-december/): The Automatic Data Processing (ADP) Research Institute will release its monthly Employment Change Report for December on Wednesday. The ADP report is expected to show that the United States (US) economy created 45,000 jobs in the last month of 2025, to offset the 32.000 net employment loss seen in November. The ADP report tends to … - [WTI Price Forecast: Sees immediate support near $55 amid US-Venezuela clash](https://todaymarkets.ae/wti-price-forecast-sees-immediate-support-near-55-amid-us-venezuela-clash/): West Texas Intermediate (WTI), futures on NYMEX, trade 1.15% lower to near $56.00 during the late Asian trading session on Wednesday. The Oil price is under pressure as THE pledge from United States (US) President Donald Trump to restructure Venezuela’s Oil industry after Washington’s military action in the economy has raised hopes of increased global … - [Gold retreats further from one-week top as profit-taking kicks in ahead of US data](https://todaymarkets.ae/gold-retreats-further-from-one-week-top-as-profit-taking-kicks-in-ahead-of-us-data/): Gold (XAU/USD) extends its intraday retracement slide from the $4,500 psychological mark, or over a one-week high touched this Wednesday, and has now reversed a major part of the previous day’s positive move. As investors digest the recent US attack on Venezuela, the underlying bullish sentiment turns out to be a key factor that prompts … - [Steel Hits Over 4-Month High](https://todaymarkets.ae/steel-hits-over-4-month-high/): Steel rebar futures jumped above CNY 3,130 per tonne, reaching the highest level since late August, supported by expectations that top consumer China will roll out fresh policy measures to bolster economic growth. The People’s Bank of China said it plans to lower the reserve requirement ratio and cut key policy rates this year to … - [Palladium Retreats from Week-High](https://todaymarkets.ae/palladium-retreats-from-week-high/): Palladium futures fell more than 5% to around $1,723 per ounce, retreating from a near one-week high amid weakness across platinum group metals. The broader sell-off in the precious metals reflected profit-taking and a firmer US dollar, which strengthened as markets positioned ahead of key US economic data this week, including payroll and services sector … - [DAX Rebounds Despite Unexpected Drop in German Retail Services](https://todaymarkets.ae/dax-rebounds-despite-unexpected-drop-in-german-retail-services/): 07:00 AM BST, Germany – Retail Sales Data for November: Monthly data showed a 0.6% real decline in German retail sales in November, though markets shifted their focus to yearly estimates for entire 2025, which sparked the optimism. Sales rose an estimated 2.4% in real terms and 3.6% nominally in 2025, supported by a strong first half of the year. Non-food … - [Offshore Yuan Weakens](https://todaymarkets.ae/offshore-yuan-weakens-2/): The offshore yuan weakened to around 6.98 per dollar on Wednesday, pressured by a dovish tone from the People’s Bank of China and weaker-than-expected official guidance. The central bank reiterated plans to cut the reserve requirement ratio and interest rates in 2026 to ensure ample liquidity, while maintaining an “appropriately accommodative” monetary policy stance. Meanwhile, … - [Australian Dollar jumps after Bullock's hawkish remarks; seems poised to climb further](https://todaymarkets.ae/australian-dollar-jumps-after-bullocks-hawkish-remarks-seems-poised-to-climb-further/): The Australian Dollar (AUD) catches fresh bids in reaction to the Reserve Bank of Australia (RBA) Governor Michele Bullock’s remarks during the post-meeting press conference, saying that more rate cuts might not be needed. Bullock added that the board discussed circumstances in which the central bank might have to tighten. This, along with a modest … - [GBP/USD sticks to modest gains above 1.3300 as dovish Fed outlook weighs on USD](https://todaymarkets.ae/gbp-usd-sticks-to-modest-gains-above-1-3300-as-dovish-fed-outlook-weighs-on-usd/): The GBP/USD pair attracts some buyers following the previous day’s two-way directionless price move and holds steady above the 1.3300 mark during the Asian session on Tuesday. Spot prices, however, lack strong follow-through buying as traders opt to wait on the sidelines ahead of this week’s key central bank event risk. The US Federal Reserve (Fed) is … - [EUR/USD strengthens to near 1.1650 on Fed rate cut bets and strong German data](https://todaymarkets.ae/eur-usd-strengthens-to-near-1-1650-on-fed-rate-cut-bets-and-strong-german-data/): The EUR/USD pair gains ground to near 1.1645 during the early European session on Tuesday. The prospect of a US interest rate cut on Wednesday weighs on the US Dollar (USD) against the Euro (EUR). Traders will keep an eye on the US ADP Employment Change four-week average and Jolts Job Openings reports for September and October … - [Gold remains confined in a range as traders await more cues about Fed's rate-cut path](https://todaymarkets.ae/gold-remains-confined-in-a-range-as-traders-await-more-cues-about-feds-rate-cut-path/): Gold (XAU/USD) remains on the back foot for the third straight day, though it lacks bearish conviction and remains confined in a one-week-old range through the Asian session on Tuesday. Traders now seem reluctant and opt to move to the sidelines ahead of the FOMC rate decision on Wednesday. The focus will be on updated … - [XAG/USD consolidates around $58 as Fed’s policy comes into spotlight](https://todaymarkets.ae/xag-usd-consolidates-around-58-as-feds-policy-comes-into-spotlight/): Silver price (XAG/USD) trades in a tight range around $58.00 during the late Asian trading session on Tuesday. The white metal turns sideways as investors await the monetary policy announcement by the Federal Reserve (Fed), scheduled for Wednesday. The CME FedWatch tool shows that the probability of the Fed cutting interest rates by 25 basis points (bps) to … - [USD/INR retraces as FIIs selling momentum cools down](https://todaymarkets.ae/usd-inr-retraces-as-fiis-selling-momentum-cools-down/): The Indian Rupee (INR) bounces back against the US Dollar (USD) on Tuesday. The USD/INR pair falls to near 90.20 amid a slowdown in the pace of foreign outflow from the Indian stock market. Over the last two trading days, overseas investors have pared their stake by an average worth of Rs. 547.25 crore, which is lower than the … - [China Stocks Slip on Measured Policy Support](https://todaymarkets.ae/china-stocks-slip-on-measured-policy-support/): The Shanghai Composite fell 0.2% to below 3,920 on Tuesday, ending a two-day rally as China’s Politburo emphasized boosting domestic demand in 2026 while signaling a measured approach to stimulus. Authorities are balancing calls for looser fiscal and monetary policy with the need to manage financial risks. Investors now look ahead to the upcoming Central … - [AUS 10Y Yield Rises to Over 2-Year High](https://todaymarkets.ae/aus-10y-yield-rises-to-over-2-year-high/): Australia’s government bond yield rose to around 4.75%, its highest level since November 2023, after the RBA left its benchmark interest rate unchanged for a third consecutive meeting, signaling that any future policy moves will be guided by incoming data. The decision was unanimous, with policymakers pointing to renewed inflation pressures and a still-tight labor … - [Copper Hovers Near Multi-Month Highs](https://todaymarkets.ae/copper-hovers-near-multi-month-highs/): Copper futures in the US slipped to around $5.33 per pound on Tuesday as investors weighed demand uncertainties from top consumer China. The nation’s top leaders signaled that boosting domestic demand will be a priority in 2026, while taking a measured approach to stimulus, balancing calls for looser fiscal and monetary policy with financial risk … - [Indian Market Slides to 2-Week Low](https://todaymarkets.ae/indian-market-slides-to-2-week-low/): The BSE Sensex fell 398 points, or 0.5%, to 84,704 in Tuesday morning trade, extending losses from the previous session and hitting its lowest level in two weeks amid concerns over US–India trade negotiations. US Treasury Secretary Scott Bessent said on Tuesday that Washington is still working toward a trade deal with India, while reports … - [Palm Oil Extends Losses, Nears 2-Week Low](https://todaymarkets.ae/palm-oil-extends-losses-nears-2-week-low/): Malaysian palm oil futures fell for a second session on Tuesday, trading below MYR 4,100 per tonne and hitting their lowest in near two weeks. Sentiment remained pressured by declines in rival soyoil in both Dalian and Chicago markets. Additional weakness stemmed from expectations of rising inventories, with Reuters projecting Malaysian stockpiles could reach a … - [Nat-Gas Prices Plunge as US Weather Forecasts Warm](https://todaymarkets.ae/nat-gas-prices-plunge-as-us-weather-forecasts-warm/): January Nymex natural gas (NGF26) on Monday closed down sharply by -0.377 (-7.13%). Jan nat-gas prices plunged on Monday after updated weather forecasts showed US temperatures warming mid-month, potentially curbing nat-gas heating demand.  Forecaster Atmospheric G2 said that the forecast shifted slightly colder over he eastern and southern US for December 18-22, but noticeably warmer … - [Crude Oil Tumbles as the Dollar Strengthens and Equities Fall](https://todaymarkets.ae/crude-oil-tumbles-as-the-dollar-strengthens-and-equities-fall/): January WTI crude oil (CLF26) on Monday closed down -1.20 (-2.00%), and January RBOB gasoline (RBF26) closed down -0.0360 (-1.96%). Crude oil and gasoline prices fell sharply on Monday, with gasoline posting a 1.5-week low.  Dollar strength on Monday undercut energy prices.  Crude prices also fell as Monday’s stock market weakness weighed on confidence in … - [Cattle Close with Losses](https://todaymarkets.ae/cattle-close-with-losses/): Live cattle futures pulled off early lows to close with contracts up 17 cents in expiring December and down 45 cents to $1 in other contracts.  There were 15 deliveries tendered on First Notice day on Monday, with the oldest long dated September 27. Last week’s cash trade was $220-222 early in the north, ending last … - [Cocoa Prices Push Higher as the Global Cocoa Surplus Shrinks](https://todaymarkets.ae/cocoa-prices-push-higher-as-the-global-cocoa-surplus-shrinks/): March ICE NY cocoa (CCH26) on Monday closed up +5 (+0.09%), and March ICE London cocoa #7 (CAH26) closed up +63 (+1.55%). Cocoa prices extended last Friday’s rally on Monday, with NY cocoa posting a 3.5-week high and London cocoa posting a 3-week high.  The outlook for a smaller-than-expected global cocoa surplus has underpinned prices … - [Coffee Prices Fall Sharply on the Prospects of Abundant Supplies](https://todaymarkets.ae/coffee-prices-fall-sharply-on-the-prospects-of-abundant-supplies/): March arabica coffee (KCH26) on Monday closed down -8.65 (-2.31%), and January ICE robusta coffee (RMF26) closed down -77 (-1.79%). Coffee prices fell sharply on Monday, with arabica dropping to a 2-week low and robusta falling to a 2.25-month low.  Coffee prices are under pressure amid an outlook for ample supplies.  Last Thursday, Conab, Brazil’s … - [Sugar Prices Settle Mixed on Higher Indian Sugar Production](https://todaymarkets.ae/sugar-prices-settle-mixed-on-higher-indian-sugar-production/): March NY world sugar #11 (SBH26) on Monday closed up +0.02 (+0.14%), and March London ICE white sugar #5 (SWH26) closed down -3.00 (-0.70%). Sugar prices settled mixed on Tuesday.  Ramped-up sugar production in India is limiting the upside in sugar prices.  Last Monday.  The India Sugar Mill Association (ISMA) reported that Indian sugar production … - [Cotton Fades Early Gains](https://todaymarkets.ae/cotton-fades-early-gains/): Cotton futures failed to hold the overnight gains, with contracts closing 20 to 25 points in the red. Crude oil futures were down $1.23 per barrel at $58.85 on the day, with the US dollar index $0.107 higher to $99.075. Dated Export Sales data showed 292,146 RB of cotton sold in the week of 11/6, … - [Corn Fades Lower](https://todaymarkets.ae/corn-fades-lower/): Corn futures found weaker trade on Monday as traders were squaring up ahead of a Tuesday USDA report. Contracts were down fractionally to 2 cents. The CmdtyView national average Cash Corn price was down 1 1/4 cents at $3.98 1/4.  Export Inspections data showed corn at 1.453 MT (57.2 mbu) shipped in the week that ended on … - [Wheat mixed to mostly lower](https://todaymarkets.ae/wheat-mixed-to-mostly-lower/): The wheat complex was mixed to mostly lower across most contracts on Monday. Chicago SRW futures were down 1 to 2 cents. KC HRW futures saw Monday losses of 2 to 5 cents.  MPLS spring wheat was steady to 2 cents lower. State Crop Progress report showed Kansas winter wheat ratings up 4% to 70% … - [Soybeans Face Weakness, as USDA Confirms First Shipments to China](https://todaymarkets.ae/soybeans-face-weakness-as-usda-confirms-first-shipments-to-china/): Soybeans posted losses of 8 to 11 ½ cents across most contracts on Monday. The cmdtyView national average Cash Bean price was 11 1/2 cents lower at $10.23. Soymeal futures were 20 cents to $1.30 in the red. Soy Oil futures saw 34 to 51 point losses. USDA reported a private export sale of 132,000 MT of soybeans to China this … - [Kloeckner (KCO.DE) Shares Gain 20% Subject to Takeover](https://todaymarkets.ae/kloeckner-kco-de-shares-gain-20-subject-to-takeover/): European indices are posting slight gains during the first phase of Monday’s session – the EU50 is up 0.06%, the DE40 is up 0.2%, and the FRA40 is down 0.10%. The limited volatility is currently mainly due to expectations for Wednesday’s Fed decision on interest rates and the influx of corporate news from the US. … - [Trade of The Day - OIL.WTI.](https://todaymarkets.ae/trade-of-the-day-oil-wti-5/): Facts: Recommendation: Short position on OIL.WTI at market price Opinion: WTI crude oil is the weak spot in commodity markets, weighed down by a multi-layered oversupply that outweighs any potential supply risks. Fundamentally, the market is awash with significant surplus — the International Energy Agency forecasts that in the first quarter of 2026, the production … - [Gold bulls seem hesitant ahead of Fed decision on Wednesday; downside seems cushioned](https://todaymarkets.ae/gold-bulls-seem-hesitant-ahead-of-fed-decision-on-wednesday-downside-seems-cushioned/): Gold (XAU/USD) sticks to its modest intraday gains through the early European session on Monday, though it lacks bullish conviction and remains confined in a one-week-old trading range. The growing acceptance that the US Federal Reserve (Fed) will lower borrowing costs again this week keeps the US Dollar (USD) depressed near a one-month low and acts as a tailwind … - [Bitcoin Rebounds Above $90k](https://todaymarkets.ae/bitcoin-rebounds-above-90k/): Cryptocurrencies are gradually recovering at the start of Monday’s session. The weekend did not bring a cascading sell-off after Friday’s pullback, which pushed Bitcoin’s price down to around 87,000 USD. Demand is slowly rebuilding amid positive sentiment on Wall Street and a weaker dollar. Over the past five weeks, Bitcoin ETFs have seen more than … - [EUR/USD - JP Morgan Recommendation](https://todaymarkets.ae/eur-usd-jp-morgan-recommendation/): JP Morgan issued a recommendation for the EURUSD currency pair. The Bank recommends taking a long position on the pair with following levels: Entry: 1,1666 Target: 1.1800 Stop: 1.1590 JP Morgan recommends taking a long position on EURUSD at 1.1666 with a target of 1.1800 and a stop loss order placed at 1,1590. Source: xStation5 … - [Chart of The Day - OIL.WTI.](https://todaymarkets.ae/chart-of-the-day-oil-wti-5/): WTI crude prices have stabilized around 60–61 USD per barrel. The market is trying to balance India’s renewed purchases of discounted Russian oil with concerns about global oversupply. India is once again buying crude through intermediaries at a deeper discount of around 5 USD per barrel, and President Putin has pledged “uninterrupted fuel supplies” as … - [The Week Ahead: Fed rate cut all but certain](https://todaymarkets.ae/the-week-ahead-fed-rate-cut-all-but-certain/): The focus at the start of this week is likely to remain on the Netflix/ Warner Bros deal, after President Donald Trump said that the size of the deal may pose problems. This suggests that the deal could attract regulatory scrutiny, which is to be expected from a tie up of this scale. Trump said … - [Palm Oil Slides to Start the Week](https://todaymarkets.ae/palm-oil-slides-to-start-the-week/): Malaysian palm oil futures fell over 1% to below MYR 4,100 per tonne on Monday, reversing gains from the prior session amid the ringgit’s recent appreciation and weakness in Dalian and Chicago soyoil futures, as concerns grew over slow Chinese soybean purchases from the U.S. Additional pressure came from signs of rising Malaysian inventories, which … - [Iron Ore Falls as China Imports Decline](https://todaymarkets.ae/iron-ore-falls-as-china-imports-decline/): Iron ore futures fell toward CNY 760 per ton, touching a five-month low after data showed China’s iron ore imports declined for a second straight month in November as demand softened. Several steel mills curtailed activity for equipment maintenance amid thinning profit margins, weighing on buying appetite. China imported 110.54 million metric tons of iron … - [Saudi Arabia Q3 GDP Growth Revised to 4.8%](https://todaymarkets.ae/saudi-arabia-q3-gdp-growth-revised-to-4-8/): Saudi Arabia’s economy expanded by at 4.8% year-on-year in the third quarter of 2025, revised down from an initial estimate of 5%, compared to an upwardly revised 4.5% growth in the second quarter. This was the strongest growth since the fourth quarter of 2024. Oil-sector activity accelerated, rising 2% after a 0.9% increase in the … - [Steel Drops on Weak Demand](https://todaymarkets.ae/steel-drops-on-weak-demand/): Steel rebar futures in China fell toward CNY 3,070 per ton, hitting a two-week low as weakening demand pressured the market and prompted mills to scale back production. Industry data showed that only 35% of Chinese steel mills were operating at a profit at the end of November, down from 45% in late October. Many … - [India Shares Break Two-Day Winning Streak](https://todaymarkets.ae/india-shares-break-two-day-winning-streak/): The BSE Sensex fell 229 points, or 0.3%, to 85,484 in early deals on Monday, erasing gains from the previous two sessions, as traders remained cautious ahead of the Fed’s monetary policy decision later this week. Traders also took profit after the index rose in the prior session following the RBI’s decision to cut interest … - [Oil Hovers Near 2-Week Highs](https://todaymarkets.ae/oil-hovers-near-2-week-highs/): WTI crude oil futures traded around $60 per barrel on Monday, close to the highest level in more than two weeks amid geopolitical risks that continue to threaten global supply. Talks between the US and Russia last week failed to produce a breakthrough toward ending the war in Ukraine, keeping sanctions on Russian energy exports … - [South Korean Shares Rise on Fed Rate Cut Optimism](https://todaymarkets.ae/south-korean-shares-rise-on-fed-rate-cut-optimism/): The benchmark KOSPI rose by 0.22% to around 4,108 on Monday, extending gains for another session as investors await this week’s US Federal Reserve policy decision. Optimism grew ahead of the Fed’s expected 0.25% rate cut at Tuesday’s two-day meeting. Large-cap stocks were mixed, with Samsung Electronics (0.37%), LG Energy Solution (2.82%), and Hanwha Aerospace … - [Dollar Holds Losses Ahead of Fed Meeting](https://todaymarkets.ae/dollar-holds-losses-ahead-of-fed-meeting/): The dollar index traded below 99 on Monday after two consecutive weeks of declines, pressured by expectations that the Federal Reserve will cut interest rates this week. Markets are pricing in about an 88% chance of a 25 basis point cut on Wednesday, up from roughly 67% a month ago. However, the rate outlook for … - [Gold Gains Ahead of Fed Meeting](https://todaymarkets.ae/gold-gains-ahead-of-fed-meeting/): Gold prices rose above $4,200 per ounce on Monday after a weekly decline, as traders awaited the Federal Reserve’s final policy meeting of the year, where officials are widely expected to cut interest rates. Mixed US employment data and core inflation in line with expectations have supported the case for additional easing. Current market pricing … - [Hong Kong Shares Start the Week Lower](https://todaymarkets.ae/hong-kong-shares-start-the-week-lower/): Hong Kong stocks lost 165 points, or 0.6%, to 25,915 in Monday morning trade, snapping a two-session rise as most sectors fell, led by financials and consumer names. Sentiment turned cautious ahead of China’s November trade data due later today, after October figures showed an unexpected drop in exports and softer-than-expected imports. Attention also shifted … - [China Stocks Gain on Tech Boost](https://todaymarkets.ae/china-stocks-gain-on-tech-boost/): The Shanghai Composite rose 0.5% to around 3,920, while the Shenzhen Component gained 1.3% to 13,320 on Monday, with mainland stocks hitting multi-week highs amid renewed optimism in Chinese technology and AI companies. The market was supported by China’s tech breakthroughs and efforts to boost domestic production in key sectors, particularly chipmaking. Notable gainers included … - [Won Strengthens on Budget Approval, Policy Optimism](https://todaymarkets.ae/won-strengthens-on-budget-approval-policy-optimism/): The South Korean won strengthened to around 1,467 per dollar on Monday, recovering from multi-month lows as sentiment was bolstered by recent domestic developments. Finance Minister Koo Yun-cheol highlighted that, following the budget’s approval, government ministries are initiating measures to reinforce economic growth. Last week, the National Assembly ratified the 2026 government budget at KRW … - [AUS 10-Yr Yield Ticks Up as Traders Eye RBA Decision](https://todaymarkets.ae/aus-10-yr-yield-ticks-up-as-traders-eye-rba-decision/): Australia’s government bond yield edged up to 4.71%, its highest since November 2023, as traders positioned themselves ahead of the Reserve Bank’s policy decision this week and braced for potentially hawkish guidance. Markets widely expect the RBA to hold the cash rate steady at 3.6% at its final meeting of the year. A string of … - [China Exports Rise More than Expected](https://todaymarkets.ae/china-exports-rise-more-than-expected/): China’s exports increased by 5.9% year-on-year to an eleven-month high of USD 330.3 billion in November 2025, surpassing expectations for a 3.8% growth and rebounding from a 1.1% fall in October. This increase in outbound came as firms rushed to move inventory to take advantage of a fresh tariff truce with the US. In November, … - [Offshore Yuan Steady After Trade Data](https://todaymarkets.ae/offshore-yuan-steady-after-trade-data/): The offshore yuan steadied around 7.06 per dollar on Monday, with market sentiment remaining subdued amid strong foreign demand and weak domestic activity. Exports rose 5.9% year-on-year to USD 330.3 billion in November 2025, surpassing expectations and rebounding from the previous month, supported by eased trade tensions with the US. Imports, however, increased only 1.9% … - [Silver Holds Near Record Highs](https://todaymarkets.ae/silver-holds-near-record-highs/): Silver held around $58 per ounce on Monday, hovering near record highs as investors prepared for an expected interest rate cut from the US Federal Reserve this week. However, the outlook for 2026 remains uncertain, with analysts expecting a “hawkish cut” in which Chair Jerome Powell could signal a cautious approach to further easing. Markets … - [China10-Year Yield Steady Amid Strong Trade Data](https://todaymarkets.ae/china10-year-yield-steady-amid-strong-trade-data/): China’s 10-year government bond yield held steady at around 1.85%, as robust trade data suggested that the economy remains poised to achieve the official annual growth target. The trade surplus widened to USD 111.7 billion in November from USD 97.3 billion a year earlier, surpassing expectations of USD 100.2 billion and marking the largest surplus … - [Trade of The Day - EUR/USD](https://todaymarkets.ae/trade-of-the-day-eur-usd-2/): Facts: Trade: LONG EURUSD at market price EURUSD (D1) Source: xStation5 Opinion: The Euro has strengthened against the dollar over the past year. This is a culmination of the dovish policy of the FED compared to the ECB. The market has already priced in at least 2-3 cuts of 25 basis points, but investors may … - [](https://todaymarkets.ae/12918-2/): Chinese equities saw a modest rebound on Friday, gaining between 0.60 and 1.30%. The HSCEI index in Hong Kong is recording the strongest gains. The broader market picture remains mixed, however — property stocks continue to lose value, while tech stocks remain in consolidation, though this may change after the exciting IPO of China’s Nvidia … - [US 10-Year Yield Holds Steady](https://todaymarkets.ae/us-10-year-yield-holds-steady/): The yield on the 10-year US Treasury note held at 4.09% on Friday after rebounding in the previous session, as investors continued to weigh the outlook for Federal Reserve monetary policy ahead of key inflation data. Markets are currently pricing in an 87% chance that the Fed will deliver a 25 basis point rate cut … - [Japan 10-Year Yield Climbs Higher on BOJ Hike Bets](https://todaymarkets.ae/japan-10-year-yield-climbs-higher-on-boj-hike-bets/): Japan’s 10-year government bond yield climbed to around 1.94% on Friday, reaching its highest levels since 2007 amid speculation that the Bank of Japan will raise interest rates later this month. Key members of Prime Minister Sanae Takaichi’s government reportedly would not oppose the central bank if it decides to hike rates in December, although … - [US Futures Steady Ahead of PCE Inflation Data](https://todaymarkets.ae/us-futures-steady-ahead-of-pce-inflation-data/): US stock futures held steady on Friday as investors looked ahead to a key inflation report that could shape the Federal Reserve’s policy outlook. The Commerce Department is set to release delayed September data on the personal consumption expenditures index, the Fed’s preferred inflation gauge, along with figures on consumer spending and incomes. Meanwhile, ADP … - [Oil Set for Weekly Gain](https://todaymarkets.ae/oil-set-for-weekly-gain/): WTI crude oil futures hovered around $59.7 per barrel on Friday, holding at a two-week high and remaining on track for a weekly gain, driven by geopolitical risk premium. Traders continued to watch for a possible US move in Venezuela after President Donald Trump signaled imminent action against the oil giant, with Rystad Energy warning … - [Dollar Set for Second Weekly Decline](https://todaymarkets.ae/dollar-set-for-second-weekly-decline/): The dollar index steadied around 99 on Friday but was still poised for a second straight weekly decline, weighed down by bets on Federal Reserve interest rate cuts. Markets are currently pricing in an 87% chance that the Fed will deliver a 25 bps rate cut next week, with 2–3 more reductions seen for next … - [South Korean Shares Lifted by Wall Street Gains](https://todaymarkets.ae/south-korean-shares-lifted-by-wall-street-gains/): The benchmark KOSPI rose 0.67% to around 4,055 on Friday, recovering from the previous session’s losses as sentiment improved following overnight gains on Wall Street. Large-cap stocks were mixed, with Samsung Electronics (0.38%), LG Energy Solution (3.72%), Hyundai Motor (6%), and Hanwha Ocean (0.82%) leading the gains. In contrast, SK Hynix (-1.85%), Samsung Biologics (-1.25%), … - [Hong Kong Shares Set to Finish Week on a Soft Note](https://todaymarkets.ae/hong-kong-shares-set-to-finish-week-on-a-soft-note/): Hong Kong stocks fell 82 points or 0.3% to 25,855 in Friday’s morning session, reversing gains from the prior day amid broad sector losses. Sentiment weakened as traders turned cautious ahead of key November data from China next week, including CPI, PPI, and trade figures, while also awaiting potential policy signals from the upcoming Central … - [Gold Dips Ahead of US PCE Data](https://todaymarkets.ae/gold-dips-ahead-of-us-pce-data/): Gold prices fell below $4,200 per ounce on Friday as investors awaited key US data ahead of next week’s FOMC decision. Focus is on the postponed September PCE report, the Fed’s preferred inflation gauge, due later today, which could clarify the timing and pace of monetary easing. Meanwhile, ADP reported an unexpected drop of 32K … - [China Stocks Slip as Policy Cues Eyed](https://todaymarkets.ae/china-stocks-slip-as-policy-cues-eyed/): The Shanghai Composite fell 0.1% to around 3,870, while the Shenzhen Component dropped 0.15% to 12,985 on Friday, with mainland stocks set to end the week lower as investors awaited policy signals from high-level meetings this month. Markets are focused on the annual Central Economic Work Conference and the December Politburo meeting for guidance on … - [Natural Gas futures rallied to 24-week highs.](https://todaymarkets.ae/natural-gas-futures-rallied-to-24-week-highs/) - [Copper futures pulled back from recent highs.](https://todaymarkets.ae/copper-futures-pulled-back-from-recent-highs/) - [Nat-Gas Prices Rally on Cold US Temps](https://todaymarkets.ae/nat-gas-prices-rally-on-cold-us-temps/): January Nymex natural gas (NGF26) on Thursday closed up by +0.068 (+1.36%). Jan nat-gas prices recovered from early losses and added to this week’s gains on Thursday, rising to a nearly 3-year nearest-futures high.   Weather forecasts for below-normal US temperatures that will boost nat-gas heating demand have fueled a sharp rally in prices over … - [Geopolitical Tensions Underpin Crude Oil Prices](https://todaymarkets.ae/geopolitical-tensions-underpin-crude-oil-prices/): January WTI crude oil (CLF26) on Thursday closed up +0.72 (+1.22%), and January RBOB gasoline (RBF26) closed down -0.0001 (-0.01%). Crude oil and gasoline prices settled mixed on Thursday, with crude oil posting a 2-week high.  Crude prices are supported by the prospects for the war in Ukraine to continue, which will keep sanctions on … - [Cattle Extend Rally](https://todaymarkets.ae/cattle-extend-rally/): Live cattle futures posted Thursday gains of $1.75 to $2.50 at the close. Cash trade kicked off on Thursday with some light action at $220 in the north. Sothern action has been limited to bids of $218. Feeder cattle futures extended the bounce back to Thursday, with contracts $3 to $4.75 higher.  The CME Feeder Cattle … - [Wheat Sees Mixed Action](https://todaymarkets.ae/wheat-sees-mixed-action/): The wheat complex posted gains in the winter wheat contracts on Thursday, with spring wheat lower. Chicago SRW futures posted 2 to 3 cent gains at the close.  KC HRW futures were up 4 to 5 cents, with in delivery December leading the way. MPLS spring wheat was down 3 to 4 cents in the … - [Soybeans Rebound](https://todaymarkets.ae/soybeans-rebound/): Soybeans saw higher trade on Thursday, with contracts up 2 to 3 ½ cents at the close. The cmdtyView national average Cash Bean price was 3 3/4 cents higher at $10.49 3/4. Soymeal were mixed, with contracts 30 cents higher to 90 cents lower. Soy Oil futures were steady to 18 points higher. USDA continued their backlogged update of Export Sales … - [Corn Pops Higher With Continued Export Business](https://todaymarkets.ae/corn-pops-higher-with-continued-export-business/): Corn futures posted gains on Thursday, with contracts up 3 to 4 cents in most front months, as December was up 6 ¼. The CmdtyView national average Cash Corn price was up 4 cents on the day at $4.02 3/4.  USDA reported a private export sale of 100,800 MT of corn to Colombia, with 392,500 MT to … - [Arabica Coffee Settles Higher on Dry Brazil Weather Forecasts](https://todaymarkets.ae/arabica-coffee-settles-higher-on-dry-brazil-weather-forecasts/): March arabica coffee (KCH26) on Thursday closed up +8.05 (+2.16%), and January ICE robusta coffee (RMF26) closed down -13 (-0.30%). Coffee prices on Thursday settled mixed.  Arabica coffee recovered from early losses on Thursday, turning higher amid dry weather forecasts for Brazil and a stronger Brazilian real.  Climatempo said Thursday that dry conditions and rising … - [Cocoa Prices Fall on Strength in the Dollar and British Pound](https://todaymarkets.ae/cocoa-prices-fall-on-strength-in-the-dollar-and-british-pound/): March ICE NY cocoa (CCH26) on Thursday closed down -18 (-0.33%), and March ICE London cocoa #7 (CAH26) closed down -49 (-1.22%). Cocoa prices settled lower on Thursday.  A rebound in the dollar weighed on NY cocoa prices after the dollar index (DXY00) on Thursday recovered from a 5-week low and turned higher.   London … - [Higher Indian Sugar Production Weighs on Prices](https://todaymarkets.ae/higher-indian-sugar-production-weighs-on-prices/): March NY world sugar #11 (SBH26) on Thursday closed down -0.05 (-0.33%), and March London ICE white sugar #5 (SWH26) closed down -1.00 (-0.23%). Sugar prices finished lower on Thursday, consolidating this week’s losses.  On Monday, sugar prices fell sharply to 1.5-week lows amid India’s ramped-up sugar production.  The India Sugar Mill Association (ISMA) reported … - [Cotton Fades Back Lower](https://todaymarkets.ae/cotton-fades-back-lower/): Cotton prices posted losses of 30 to 38 points on Thursday, falling from early gains. Crude oil futures were up 76 cents per barrel at $59.71 on the day, with the US dollar index $0.129 high to $98.930.  Export Sales data for the week ending on October 30 showed just 81,530 RB of upland cotton … - [DAX Gains 1% Amid Surging Automotive Stocks After BofA Report](https://todaymarkets.ae/dax-gains-1-amid-surging-automotive-stocks-after-bofa-report/): DAX posts solid gains on Thursday ahead of eurozone retail sales data and U.S. jobless claims. Today’s rise on the German market is led by car manufacturers — from Volkswagen and BMW to Mercedes and Porsche AG. The sector was supported by a ‘buy’ recommendation from Bank of America for Porsche SE, along with a broad, optimistic … - [Char of The Day - Nasdaq](https://todaymarkets.ae/char-of-the-day-nasdaq/): US index futures, including the Nasdaq 100 (US100), have staged a powerful rebound, gaining more than 7.5% since November 25. The main drivers of the index include a strong Q3 earnings season, expectations of a major shift in Federal Reserve policy priorities in 2026 under a new chair, likely Kevin Hassett, who is expected to … - [Economic Calendar - U.S. Jobless Claims And Eurozone Retail Sales in Focus](https://todaymarkets.ae/economic-calendar-u-s-jobless-claims-and-eurozone-retail-sales-in-focus/): After the release of this week’s ISM manufacturing and services data, the U.S. macro calendar turns relatively light. Today, attention will focus on jobless claims, which should offer a fresh look at the health of the U.S. labor market. In Europe, investors await retail sales figures, which are expected to rise more strongly than in … - [Trade of The Day - GBP/USD](https://todaymarkets.ae/trade-of-the-day-gbp-usd-4/): Facts:The price broke above key resistance at 1.3212GBPSUD invalidated 1:1 structureThe price sits above the 100-period moving average from D1 interval Recommendation: Trade: Long position on GBPUSD at market priceTarget: 1.3513, 1.3640Stop: 1.3180 Opinion: GBPUSD has been trading in a downward trend recently. Looking at the D1 interval, one can see that the recent downward move might … - [GBP/USD softens below 1.3350 on renewed US Dollar demand](https://todaymarkets.ae/gbp-usd-softens-below-1-3350-on-renewed-us-dollar-demand/): The GBP/USD pair loses ground to around 1.3330 during the Asian trading hours on Thursday. The major pair retreats from nearly a two-month high amid renewed US Dollar (USD) demand. However, the rising bets of a Federal Reserve (Fed) rate cut next week might cap its downside. Traders will take more cues from the US weekly Initial Jobless Claims … - [WTI rises to near $59 as Ukraine attacks Russian energy facilities](https://todaymarkets.ae/wti-rises-to-near-59-as-ukraine-attacks-russian-energy-facilities/): West Texas Intermediate (WTI) futures on NYMEX trade 0.25% higher to near 59.00 during the Asian trading session on Thursday. The Oil price gains as Ukraine’s attack on the Druzhba oil pipeline, situated in Russia’s central Tambov region that supplies energy products to Hungary and Slovakia, has raised supply concerns at times when Moscow’s major … - [XAG/USD’s rally hits pause near $59, upside bias remains intact](https://todaymarkets.ae/xag-usds-rally-hits-pause-near-59-upside-bias-remains-intact/): Silver price (XAG/USD) trades 0.8% lower to near $58.00 during the late Asian trading session on Thursday from its all-time high around $59.00 posted on Wednesday. The white metal corrects as the two-week rally hits pause, while the outlook remains firm as traders are increasingly confident that the Federal Reserve (Fed) will cut interest rates in its monetary policy meeting on Wednesday. … - [Gold edges lower as USD rebounds from over one-month low; downside seems limited](https://todaymarkets.ae/gold-edges-lower-as-usd-rebounds-from-over-one-month-low-downside-seems-limited/): Gold (XAU/USD) trades with a negative bias during the Asian session on Thursday, though it lacks bearish conviction and remains confined in the weekly range. The US Dollar (USD) attempts a modest recovery from its lowest level since late October, touched on Wednesday, and turns out to be a key factor acting as a headwind for … - [EUR/USD eases from October highs amid USD uptick; holds above mid-1.1600s](https://todaymarkets.ae/eur-usd-eases-from-october-highs-amid-usd-uptick-holds-above-mid-1-1600s/): The EUR/USD pair edges lower during the Asian session on Thursday and erodes a part of the previous day’s strong gains to its highest level since October 17. Spot prices currently trade around the 1.1660-1.1655 region, though the downside seems limited amid a supportive fundamental backdrop. The US Dollar (USD) is attempting a modest recovery from … - [Cold US Temps Spark Fund Buying of Nat-Gas Futures](https://todaymarkets.ae/cold-us-temps-spark-fund-buying-of-nat-gas-futures/): January Nymex natural gas (NGF26) on Wednesday closed up by +0.155 (+3.20%). Jan nat-gas prices rallied sharply on Wednesday and posted a nearly 3-year nearest-futures high.   Weather forecasts of colder-than-normal weather in the US, which will boost nat-gas heating demand, have sparked fund buying of nat-gas futures on Wednesday.   Forecaster Atmospheric G2 said … - [Cattle Extend Gains](https://todaymarkets.ae/cattle-extend-gains/): Live cattle futures closed the Wednesday session with contracts up 47 cents to $1.10. Cash trade has been quiet so far this week. The Wednesday Fed Cattle Exchange online auction showed no sales on the 1,508 head offered, with bids of $217.5-220 live and $325-326 in the beef. Feeder cattle futures continued to rally back, with … - [Soybeans Fall Back as Trade Await More Chinese Business](https://todaymarkets.ae/soybeans-fall-back-as-trade-await-more-chinese-business/): Soybeans fell back by 9 to 10 cents in the front months on Wednesday. The cmdtyView national average Cash Bean price was 8 3/4 cents lower at $10.45. Soymeal futures were down 20 cents to $1.70, with Soy Oil futures 89 to 101 points lower. There were 3 deliveries issued against December soybean meal overnight, with 128 for December bean oil. … - [Wheat Heads Lower](https://todaymarkets.ae/wheat-heads-lower-2/): The wheat complex saw weakness across most contracts on Wednesday. Chicago SRW futures were steady to 3 cents in the red on the day. KC HRW futures were down 2 to 4 cents on Wednesday. MPLS spring wheat was 4 to 5 cents lower at the close. There were no deliveries issued against December CBT … - [Corn Falls Back Despite Record Ethanol Output](https://todaymarkets.ae/corn-falls-back-despite-record-ethanol-output/): Corn futures posted Wednesday losses of 5 to 7 cents across most contracts at the close. The CmdtyView national average Cash Corn price was down 6 1/2 cents at $3.98 3/4.  Weekly EIA data from this morning showed a record ethanol production total in the week ending on November 28, totaling 1.126 million barrels per day, a … - [Cotton Continues to Slide Lower](https://todaymarkets.ae/cotton-continues-to-slide-lower/): Cotton futures posted losses of 11 point in the front months on Wednesday, with other contract holding lower. Crude oil futures were up 37 cents per barrel at $59.01 on the day, with the US dollar index $0.476 lower to $98.820. The December 2 online auction from The Seam showed 15,688 bales sold at an … - [Stronger India Sugar Output Undercuts Prices](https://todaymarkets.ae/stronger-india-sugar-output-undercuts-prices/): March NY world sugar #11 (SBH26) on Wednesday closed down -0.05 (-0.33%), and March London ICE white sugar #5 (SWH26) closed down -3.20 (-0.75%). Sugar prices fell on Wednesday amid expectations of larger sugar supplies from India.  On Monday, sugar prices fell sharply to 1-week lows amid India’s ramped-up sugar production.  The India Sugar Mill … - [Brazilian Real Strength Boosts Arabica Coffee Prices](https://todaymarkets.ae/brazilian-real-strength-boosts-arabica-coffee-prices/): March arabica coffee (KCH26) today is up +0.15 (+0.04%), and January ICE robusta coffee (RMF26) is down -15 (-0.34%). Coffee prices are mixed today, with robusta falling to a 1.5-week low.  Arabica coffee has support today from strength in the Brazilian real (^USDBRL), which climbed to a 2-week high against the dollar, discouraging export selling … - [Cocoa Prices Settle Mixed on Forex Movements](https://todaymarkets.ae/cocoa-prices-settle-mixed-on-forex-movements/): March ICE NY cocoa (CCH26) on Wednesday closed up +49 (+0.90%), and March ICE London cocoa #7 (CAH26) closed down -28 (-0.69%). Cocoa prices settled mixed on Wednesday.  Currency fluctuations on Wednesday affected cocoa prices.  NY cocoa rose on Wednesday amid a weaker dollar, as the dollar index (DXY00) tumbled to a 5-week low.  However, … - [Korean Stocks Fall on Chip and Auto Sector Slump](https://todaymarkets.ae/korean-stocks-fall-on-chip-and-auto-sector-slump/): The benchmark KOSPI slipped 0.80% to around 4,003 on Thursday, erasing gains from earlier in the week as weakness in chip and automotive stocks weighed on the index. Samsung Electronics (-1.15%), SK Hynix (-3.44%), LG Energy Solution (-0.60%), SK Square (-5.15%), KB Financial (-1.14%), and Shinhan Financial (-0.88%) were the primary contributors to the decline, … - [Yen Firms Up on BOJ Rate Hike Bets](https://todaymarkets.ae/yen-firms-up-on-boj-rate-hike-bets/): The Japanese yen strengthened toward 155 per dollar on Thursday, trading near its highest level in more than two weeks amid growing speculation that the Bank of Japan will raise interest rates this month. Expectations firmed after BOJ Governor Kazuo Ueda voiced confidence in Japan’s economic outlook and said the central bank would carefully weigh … - [China Stocks Mixed Amid Lack of Catalyst](https://todaymarkets.ae/china-stocks-mixed-amid-lack-of-catalyst/): The Shanghai Composite fell 0.4% to around 3860, while the Shenzhen Component rose 0.1% to 12,970 on Thursday, as mainland stocks showed mixed performances amid a lack of market-moving catalysts. Investors are awaiting updates from the annual Central Economic Work Conference and the December Politburo meeting for guidance on Beijing’s policy direction and growth targets … - [Hong Kong Stocks Trade Slightly Higher](https://todaymarkets.ae/hong-kong-stocks-trade-slightly-higher/): Hong Kong equities rose 75 points, or 0.3%, to 25,834 in Thursday morning deals, reversing a sharp drop the previous day as gains mainly from tech and consumer stocks lifted risk appetite. An extended rally on Wall Street overnight lent further support ahead of Friday’s PCE index, the Fed’s preferred inflation gauge, while markets priced … - [Offshore Yuan Retreats on Weak Fixing](https://todaymarkets.ae/offshore-yuan-retreats-on-weak-fixing-2/): The offshore yuan weakened to around 7.05 per dollar, retreating from a more than one-year high in the prior session after the People’s Bank of China set a weaker-than-expected daily fixing. The PBOC set the midpoint at 7.0733 per dollar, 179 pips below the Reuters consensus and marking the largest weak side deviation since November … - [Japan 10-Year Yield Hits Fresh 18-Year High](https://todaymarkets.ae/japan-10-year-yield-hits-fresh-18-year-high/): Japan’s 10-year government bond yield rose above 1.9% on Thursday, reaching its highest level since 2007 amid growing speculation that the Bank of Japan will raise interest rates this month. Expectations strengthened after BOJ Governor Kazuo Ueda expressed confidence in Japan’s economic outlook and said the central bank would carefully weigh the pros and cons … - [AUS 10-Year Yield Climbs to Over 2-Year High](https://todaymarkets.ae/aus-10-year-yield-climbs-to-over-2-year-high/): Australia’s government bond yield rose to 4.67% on Thursday, its highest level since November 2023, as strong economic data bolstered expectations of a rate hike next year. Household spending jumped 1.3% month-on-month in October, the biggest gain since January 2024, following a 0.3% rise in September. At the same time, the trade surplus widened more … - [US 10-Year Yield Tracks Global Peers Higher](https://todaymarkets.ae/us-10-year-yield-tracks-global-peers-higher/): The yield on the 10-year US Treasury note rose to around 4.08% on Thursday, reversing the previous session’s decline and following a global rise in bond yields amid an increasingly hawkish monetary policy outlook in other major economies. Japan’s 10-year bond yield surged to a fresh 18-year high on speculation that the Bank of Japan … - [Palm Oil Extends Declines](https://todaymarkets.ae/palm-oil-extends-declines/): Malaysian palm oil futures fell over 1% to below MYR 4,150 per tonne, marking a second session of losses as a stronger ringgit and weaker edible oils on the Chicago and Dalian exchanges pressured sentiment. Supply concerns added to the downside after a Reuters survey suggested Malaysian inventories likely climbed to a 6-1/2-year high in … - [Trade of The Day - NATGAS](https://todaymarkets.ae/trade-of-the-day-natgas/): Facts: Trade: NATGAS SHORT at market price NATGAS (D1) Source: xStation5 Opinion: The price of NATGAS has increased by over 75% in the last 3 months and has stopped at the level of 4.94, which during the upward wave at the beginning of 2025 and in 2017 proved to be a strong resistance zone, after … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-9/): AUDUSD continues its rally, adding another 0.3% amid broad dollar weakness and the newest GDP print for Australia. Data came in lower than expected, but it underlined constantly growing inflationary pressures, which reinforced market’s bets on hawkish RBA. AUDUSD defended today the 50.0 Fibonacci level (around 0.656), currently approaching the test of the next resistance around … - [U.K Services Surprises to The Upside But, Activity Remains Subdued](https://todaymarkets.ae/u-k-services-surprises-to-the-upside-but-activity-remains-subdued/): The UK service sector PMI has surprised on the upside for November. Analysts were expecting a reading of 50.5, however, the final reading has been revised higher to 51.3, which suggests that sentiment in the service sector is not as bad as feared, although activity continues to remain at a subdued level. This is a … - [U.K Services PMI Higher Than Expected](https://todaymarkets.ae/u-k-services-pmi-higher-than-expected/): 09:30 AM BST, United Kingdom – PMI Data for November: The UK services sector saw growth slow sharply in November, as weaker domestic and export demand weighed on activity, though the drop in business momentum was weaker than expected. Employment fell at the fastest rate since February, margins were squeezed by rising costs and intense price competition, and business sentiment remained … - [French And German Services PMI's Beat Expectations](https://todaymarkets.ae/french-and-german-services-pmis-beat-expectations/): 08:50 AM BST, France – PMI Data for November: 08:55 AM BST, Germany – PMI Data for November: France’s services sector returned to growth in November, its first expansion since August 2024. Activity and new orders increased, supported by stabilising export demand and backlog reductions. However, employment slipped, optimism stayed historically weak, and firms reported limited pricing power despite faster input-cost inflation. The rebound is encouraging but its … - [Arabica Coffee Settles Higher as Brazil Coffee Exports Shrink](https://todaymarkets.ae/arabica-coffee-settles-higher-as-brazil-coffee-exports-shrink/): March arabica coffee (KCH26) on  Thursday closed up +3.90 (+1.05%), and January ICE robusta coffee (RMF26) closed down -15 (-0.26%). Coffee prices settled mixed on Thursday.  Arabica coffee has carryover support from Wednesday when exporter group Cecafe reported that Brazil’s Nov green coffee exports fell -27% y/y to 3.3 million bags.   Below-normal precipitation in … - [Shrinking Global Cocoa Surplus Boosts Prices](https://todaymarkets.ae/shrinking-global-cocoa-surplus-boosts-prices/): March ICE NY cocoa (CCH26) on Thursday closed up +67 (+1.08%), and March ICE London cocoa #7 (CAH26) closed up +5 (+0.11%). Cocoa prices extended their sharp two-week-long rally on Thursday to 5-week highs.  Cocoa prices have rallied sharply over the past two weeks amid a tightening global supply outlook.  On November 28, the International … - [Hong Kong Stocks Jump Even as Weekly Losses Loom](https://todaymarkets.ae/hong-kong-stocks-jump-even-as-weekly-losses-loom/): Shares in Hong Kong climbed 272 points, or 1.1%, to 25,806 in early Friday trade after a slight pullback in the prior session, lifted by broad sector gains. Sentiment improved after President Xi Jinping said at the Central Economic Work Conference that 2025 is “a truly extraordinary year” and major targets will be met. Policymakers … - [Dollar Set for Third Straight Weekly Decline](https://todaymarkets.ae/dollar-set-for-third-straight-weekly-decline/): The dollar index hovered near two-month lows around 98.3 on Friday and was on track for a third consecutive weekly drop. The decline came as the Federal Reserve cut interest rates as expected and delivered a less hawkish outlook than markets anticipated. Chair Jerome Powell indicated that further rate hikes are unlikely, with Fed projections … - [Gold Heads for Weekly Gain](https://todaymarkets.ae/gold-heads-for-weekly-gain/): Gold traded around $4,270 per ounce on Friday, holding near a seven-week high and heading for a weekly gain, supported by expectations of further US monetary easing. Fresh signs of labor market cooling reinforced views that the Federal Reserve may deliver two rate cuts in 2026. Jobless claims for the week of December 6 rose … - [South Korean Shares Advance on Global Rally](https://todaymarkets.ae/south-korean-shares-advance-on-global-rally/): The benchmark KOSPI rose 1.2% to around 4,160 on Friday, recovering losses from the previous session and moving closer to a one-month high, supported by firmer global risk appetite after Wall Street closed at fresh record highs. Confidence improved further as investors continued to assess the impact of the recent US Federal Reserve rate cut, … - [Yen Holds Gains as BOJ Outlook Mulkled](https://todaymarkets.ae/yen-holds-gains-as-boj-outlook-mulkled/): The Japanese yen held around 155.6 on Friday after two consecutive sessions of gains, supported by speculation that the Bank of Japan may raise interest rates next week and continue tightening into 2026. Earlier this week, Governor Kazuo Ueda noted that the central bank is getting closer to its inflation target, signaling the potential for … - [Korean Won Falls on Weaker FX Sentiment](https://todaymarkets.ae/korean-won-falls-on-weaker-fx-sentiment/): The South Korean won slipped to around 1,472 per dollar, approaching seven-month lows, as persistent capital outflows were driven by domestic investors increasing overseas equity holdings. The currency has fallen roughly 5% against the dollar this quarter, approaching a 16-year low, highlighting ongoing pressures on the FX market. Investor caution heightened as import prices rose … - [China Stocks Mixed After Key Policy Meeting](https://todaymarkets.ae/china-stocks-mixed-after-key-policy-meeting/): The Shanghai Composite fell 0.3% to around 3,860 while the Shenzhen Component gained 0.5% to 13,213 on Friday, with mainland stocks showing mixed performances as China’s annual economic planning meeting failed to boost market sentiment. Policymakers reaffirmed broad economic support for the year ahead, including proactive fiscal measures aimed at boosting consumption and investment, though … - [US 10-Year Yield Stabilizes](https://todaymarkets.ae/us-10-year-yield-stabilizes/): The yield on the US 10-year Treasury note stabilized around 4.16% on Friday after facing heightened volatility earlier in the week, as investors digested the latest Federal Reserve policy decision and outlook. On Wednesday, the Fed cut interest rates as expected and delivered a less hawkish outlook than markets anticipated. Chair Jerome Powell indicated that … - [Japan 10-Year Yield Edges Higher](https://todaymarkets.ae/japan-10-year-yield-edges-higher-2/): Japan’s 10-year government bond yield rose 2 basis points to 1.94% on Friday, supported by speculation that the Bank of Japan may raise interest rates next week and continue tightening into 2026. Earlier this week, Governor Kazuo Ueda indicated the central bank is nearing its inflation target, signaling a potential near-term rate hike. Investors will … - [Palm Oil Set to Post First Weekly Losses in Three](https://todaymarkets.ae/palm-oil-set-to-post-first-weekly-losses-in-three/): Malaysian palm oil futures fell to around MYR 4,050 per tonne on Friday after a muted prior session, heading for their first weekly drop in three with losses of about 2.6%. The decline tracked weakness in rival edible oils on the Dalian market, while a stronger ringgit further dampened sentiment by making exports less competitive. … - [Silver Holds Near Record Highs](https://todaymarkets.ae/silver-holds-near-record-highs-2/): Silver remained above $63 per ounce on Friday, hovering near all-time highs as the latest US Federal Reserve rate cut coincided with tightening physical market conditions. Earlier this week, the Fed delivered a quarter-point cut and signaled a less hawkish outlook than markets had anticipated. Chair Jerome Powell indicated further rate hikes are unlikely, with … - [Japan Industrial Output Growth Revised a Touch Higher](https://todaymarkets.ae/japan-industrial-output-growth-revised-a-touch-higher/): Japan’s industrial production rose 1.5% month-on-month in October 2025, slightly above the flash estimate of 1.4% but slower than the 2.6% increase in September. It marked the second consecutive monthly gain, supported by continued strength across key sectors. Motor vehicle production surged (6.7% vs 1.0% in September) as supply chain conditions improved and export demand … - [US Natural Gas Stocks Falls More than Expected](https://todaymarkets.ae/us-natural-gas-stocks-falls-more-than-expected-2/): US energy firms withdrew 177 billion cubic feet of natural gas from domestic storages for a total stock of 3,746 bcf during the week that ended December 5. It was the fourth week into the withdrawing season for US natural gas storages, consistent with the timing from the previous year, as colder weather increases demand … - [S&P and Nasdaq Fall, Oracle Sinks](https://todaymarkets.ae/sp-and-nasdaq-fall-oracle-sinks/): The S&P 500 fell 0.4% and the Nasdaq dropped 0.8% on Thursday, pressured by a broad sell-off in tech shares after weak results from Oracle, a company widely viewed as a bellwether for the AI investment boom. Oracle sank more than 14% after reporting softer-than-expected revenue, missing estimates on cloud sales, and issuing guidance that … - [TSX Poised to Set Record High](https://todaymarkets.ae/tsx-poised-to-set-record-high/): The S&P/TSX Composite Index rose about 0.2% to above the 31,500 mark for the first time on Thursday as mining equities offset broader caution amid renewed concerns over stretched technology valuations that outweighed a widely expected BoC rate hold and a Fed rate cut. Heavyweights Agnico Eagle, Barrick Mining, and Wheaton Precious set the pace … - [US Wholesale Inventory Growth Tops Forecasts](https://todaymarkets.ae/us-wholesale-inventory-growth-tops-forecasts/): US wholesale inventories rose by 0.5% to around $911.5 billion in September 2025, after a revised 0.1% decrease in August and better than market estimates of a 0.1% uptick. This marked the strongest increase in inventories since February. Non-durable goods inventories picked up 0.7%, following a 0.1% fall in the previous month, mainly on the … - [Oil Falls by 2% to 7-Week Low](https://todaymarkets.ae/oil-falls-by-2-to-7-week-low/): WTI crude oil futures fell 2% to $57.3 per barrel on Thursday, hovering near a seven-week low, as the market focused on expectations of a growing global glut driven by rising output from OPEC+ and producers across the Americas. The International Energy Agency softened the blow slightly by trimming its projection for a record surplus … - [Baltic Dry Index Extends Pullback](https://todaymarkets.ae/baltic-dry-index-extends-pullback/): The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, extended its slide into a sixth consecutive session on Thursday, dropping 5.6% to its lowest since November 21 at 2,294 points, amid low seasonal demand. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, also decreased … - [US Natural Gas Stocks Falls More than Expected](https://todaymarkets.ae/us-natural-gas-stocks-falls-more-than-expected/): US energy firms withdrew 177 billion cubic feet of natural gas from domestic storages for a total stock of 3,746 bcf during the week that ended December 5. It was the fourth week into the withdrawing season for US natural gas storages, consistent with the timing from the previous year, as colder weather increases demand … - [NATGAS Stays Put After Higher Than Expected EIA Inventory Draw](https://todaymarkets.ae/natgas-stays-put-after-higher-than-expected-eia-inventory-draw/): EIA NATURAL GAS CHANGE BCF ACTUAL -177B (FORECAST -166B, PREVIOUS -12B) A larger-than-expected decline in US gas inventories did not stop the significant wave of declines that dominated the instrument today. NATGAS is approaching the 50-day EMA zone, which has not been retested by the market since October 20.  The material on this page does … - [U.S. Jobless Claims Above Expectations](https://todaymarkets.ae/u-s-jobless-claims-above-expectations/): US Initial Jobless Claims: 236k (Forecast 220k, Previous 191k, Revised 192K) US Trade Balance Actual -52.8B (Forecast -63.1B, Previous -59.6B, Revised -59.3B) Jobless claims rose by the largest since the 2020 COVID-19 pandemic (44,000), but that reading followed the lowest level since 3 years in the last week. However, the average from those two reports … - [Trade of The Day - GOLD.XAU/USD](https://todaymarkets.ae/trade-of-the-day-gold-xau-usd-2/): Facts: Recommendation: Long position at market price Opinion: Gold continues to be in a structural, multi-year bull market, driven by exceptionally strong central-bank demand, a weak dollar, and expectations of Fed policy easing in 2026. Forecasts from major institutions point to further gains: RBC sees an average price of 4,600 USD in 2026 and 5,100 … - [DAX Slightly Down, European software sector is performing well](https://todaymarkets.ae/dax-slightly-down-european-software-sector-is-performing-well/): Market sentiment on the German equity market is moderately optimistic today, although the index has given back part of its recent gains. The benchmark remains above 24,000 points but is down a modest 0.2% on the day. Source: xStation5 Carl Zeiss Meditec under pressure Carl Zeiss Meditec (AFX.DE) posted solid Q4 2025 revenue growth of … - [Eli Lilly (LLY.US) Reports Upbeat Phase III Results as Obesity Drugs Sector Strenghtens](https://todaymarkets.ae/eli-lilly-lly-us-reports-upbeat-phase-iii-results-as-obesity-drugs-sector-strenghtens/): Eli Lilly (LLY.US) published the results of phase III trials of its experimental new-generation drug, retatrutide, which showed an impressive average weight loss of 23% (and in the highest dose group even close to 29%) over 68 weeks. These results exceeded the expectations of Wall Street analysts, who had predicted weight loss of 20-23%, which … - [Wall Street indices fall after Oracle’s quarterly report](https://todaymarkets.ae/wall-street-indices-fall-after-oracles-quarterly-report/): Gains following the Fed’s decision evaporated quickly as disappointing results from Oracle (ORCL.US) soured sentiment and hit technology stocks hard. Investors shifted their focus away from the prospect of further rate cuts and back toward tech-sector fundamentals, where concerns are resurfacing about stretched valuations, excessive spending on AI infrastructure, and slow returns on invested capital. AI-linked stocks came … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-11/): The Australian labor-market report for November came in weaker than expected. As a result, the FX market saw a significant selloff in the Australian dollar, which is currently down between 0.30–0.60% against other G10 currencies. Employment unexpectedly fell by 21.3K — the largest monthly decline in nine months. The stabilization of the unemployment rate at … - [BTC dips to $90,000 as Fed’s hawkish stance tempers risk appetite](https://todaymarkets.ae/btc-dips-to-90000-as-feds-hawkish-stance-tempers-risk-appetite/): Bitcoin (BTC) price edges down for the second consecutive day, trading below $91,000 at the time of writing on Thursday, driven by a broader market risk-averse sentiment following the US Federal Reserve’s (Fed) hawkish rate cut. Despite the current weakness, on-chain data suggests selling pressure is fading, hinting that the largest cryptocurrency by market capitalization … - [Swiss National Bank Holds Rate](https://todaymarkets.ae/swiss-national-bank-holds-rate/): 9:30 – Swiss National Bank (SNB) Rates decision:  SNB decided to maintain the current level of rates of 0%, which was in line with market expectations.  Additionally, bank has communicated that they are prepared to intervene in order to maintain the target exchange rate.  It was also shown that a inflation is projected to steadily … - [Gold sticks to intraday losses amid modest USD bounce; dovish Fed limits further decline](https://todaymarkets.ae/gold-sticks-to-intraday-losses-amid-modest-usd-bounce-dovish-fed-limits-further-decline/): Gold (XAU/USD) touches a fresh daily low during the early European session on Thursday, though it lacks follow-through and rebounds slightly from the $4,200 neighborhood. The US Dollar (USD) attracts some buyers and recovers a part of the previous day’s post-FOMC slump to its lowest level since October 24. This, in turn, fails to assist … - [Indian Rupee Hits Fresh Record Low](https://todaymarkets.ae/indian-rupee-hits-fresh-record-low/): The Indian rupee weakened past 90 per USD, hitting another fresh record low, pressured by corporate dollar outflows, which added to concerns over the absence of a US-India trade deal. The outflows were driven by Indian companies buying dollars for end-of-year international payments, alongside demand from foreign and local private lenders likely linked to merchant … - [Offshore Yuan Steady](https://todaymarkets.ae/offshore-yuan-steady-2/): The offshore yuan steadied around 7.06 per dollar, hovering near its strongest levels in more than a year, supported by broad weakness in the greenback. The US dollar remained under pressure after the Federal Reserve delivered a 25bps rate cut, with Chair Jerome Powell also signaling that a rate hike has been ruled out. Meanwhile, … - [US Futures Drop as Oracle Slumps](https://todaymarkets.ae/us-futures-drop-as-oracle-slumps/): US stock futures fell sharply on Thursday after Oracle’s disappointing earnings renewed concerns about the profitability of artificial intelligence investments. Dow futures dropped 0.5%, while S&P 500 and Nasdaq 100 futures declined 0.8% and 1.1%, respectively. Oracle plunged more than 11% in extended trading after missing revenue estimates, issuing soft guidance and projecting a $15 … - [Brent Crude Falls](https://todaymarkets.ae/brent-crude-falls/): Brent crude oil futures fell below $62 per barrel on Thursday, trimming gains from the previous session, following reports that President Trump’s Ukraine peace plan proposal includes restoring Russian energy to Europe. This eased supply concerns that had emerged after the US intercepted a sanctioned tanker near Venezuela, which prompted a pullback in shipments and … - [Platinum Steadies After Fed Decision](https://todaymarkets.ae/platinum-steadies-after-fed-decision/): Platinum steadied above $1,670 per ounce, trading sideways so far this month as the US Federal Reserve delivered a widely expected quarter-point rate cut and signaled a less hawkish policy path ahead. Chair Jerome Powell indicated that further hikes are unlikely and reaffirmed confidence in US economic momentum, though the Fed projected only one rate … - [Economic Calendar - Trade Balance And Jobless Claoms in Focus](https://todaymarkets.ae/economic-calendar-trade-balance-and-jobless-claoms-in-focus/): Today’s economic calendar is relatively light, allowing investors to cool off after yesterday’s Fed decision and Oracle’s earnings report released after the cash-session close. The key publications of the day will be the delayed U.S. trade balance report for September and the weekly jobless-claims data. In addition, we will also get interest-rate decisions from Switzerland … - [The Fed Vs. Ai - Gold trades like stocks once more](https://todaymarkets.ae/the-fed-vs-ai-gold-trades-like-stocks-once-more/): The Fed spread good cheer for stock markets on Wednesday and cut interest rates by 25bps. It didn’t stop there; it has also restarted the printing presses and has said that it will buy $40bn of Treasury Bills in the next 30 days for the purpose of maintaining ample reserves over time. A rate cut … - [New Zealand Dollar Hovers Near 2-Month High](https://todaymarkets.ae/new-zealand-dollar-hovers-near-2-month-high/): The New Zealand dollar slipped to $0.579 but stayed close to a two-month high, amid expectations that the Reserve Bank of New Zealand’s easing cycle may be over. While the central bank cut its cash rate by 25bps last month, its updated projections suggested limited scope for further easing, implying only about a 20% probability … - [US 10-Year Yield Extends Fall on Dovish Fed View](https://todaymarkets.ae/us-10-year-yield-extends-fall-on-dovish-fed-view/): The US 10-year Treasury yield fell to around 4.12%, marking a second consecutive session of declines after the Federal Reserve delivered its third quarter-point rate cut this year, in line with expectations. The Fed also signaled a less hawkish stance than markets anticipated, with Chair Jerome Powell suggesting a rate hike is off the table, … - [Japan 10-Year Yield Tracks US Yields Lower](https://todaymarkets.ae/japan-10-year-yield-tracks-us-yields-lower/): Japan’s 10-year government bond yield fell to around 1.92% on Thursday, retreating from 18-year highs as it tracked declines in US Treasury yields after the Federal Reserve delivered its third rate cut of the year and signaled a less hawkish outlook than markets anticipated. Investors are also looking ahead to next week’s Bank of Japan … - [Palm Oil Recovers](https://todaymarkets.ae/palm-oil-recovers/): Malaysian palm oil futures rose around 1% to above MYR 4,100 per tonne on Thursday, rebounding from the prior session’s weakness amid gains in edible oils on the Dalian exchange. In the meantime, monthly data from the Malaysian Palm Oil Board showed November production shrank 5.3% to 1.94 million tonnes, supporting prices, while expectations of … - [Nat-Gas Prices Rebound on the Outlook for a Large Storage Withdrawal](https://todaymarkets.ae/nat-gas-prices-rebound-on-the-outlook-for-a-large-storage-withdrawal/): January Nymex natural gas (NGF26) on Wednesday closed up by +0.021 (+0.46%). Jan nat-gas prices recovered from a 2-week low on Wednesday and settled higher.  Short covering emerged in nat-gas futures on Wednesday amid expectations of a significant drawdown in weekly US nat-gas storage.  The consensus is that Thursday’s weekly EIA nat-gas inventories will fall … - [Cotton with Midweek Gains](https://todaymarkets.ae/cotton-with-midweek-gains/): Cotton futures closed the Wednesday session with contracts up 25 to 30 points in the front months. Crude oil futures were up 71 cents per barrel at the close at $58.96, with the US dollar index $0.578 lower to $98.620. Commitment of Traders data for the week ending on November 10 showed managed money cutting … - [Arabica Coffee Finds Support on Reduced Brazil Coffee Exports](https://todaymarkets.ae/arabica-coffee-finds-support-on-reduced-brazil-coffee-exports/): March arabica coffee (KCH26) on Wednesday closed up +3.55 (+0.96%), and January ICE robusta coffee (RMF26) closed down -7 (-0.17%). Coffee prices on Wednesday settled mixed.  Arabica coffee found support on Wednesday on reduced coffee exports from Brazil.  Exporter group Cecafe reported that Brazil’s Nov green coffee exports fell -27% y/y to 3.3 million bags. … - [Cocoa Prices Finish Sharply Higher as the Global Supply Outlook Tightens](https://todaymarkets.ae/cocoa-prices-finish-sharply-higher-as-the-global-supply-outlook-tightens/): March ICE NY cocoa (CCH26) on Wednesday closed up +339 (+5.76%), and March ICE London cocoa #7 (CAH26) closed up +239 (+5.62%). Cocoa prices soared on Wednesday, hitting 1-month highs.  Cocoa prices have rallied sharply over the past two weeks amid a tightening global supply outlook.  On November 28, the International Cocoa Organization (ICCO) cut … - [Dollar Weakness Pushes Sugar Prices Higher](https://todaymarkets.ae/dollar-weakness-pushes-sugar-prices-higher/): March NY world sugar #11 (SBH26) on Wednesday closed up +0.24 (+1.64%), and March London ICE white sugar #5 (SWH26) closed up +7.30 (+1.74%). Sugar prices settled higher on Wednesday as dollar weakness (DXY00) sparked some short-covering in sugar futures.   Sugar prices have retreated over the past week, falling to 3-week lows on Tuesday … - [Wheat Falls Lower ](https://todaymarkets.ae/wheat-falls-lower/): Wheat posted Wednesday weakness, as futures saw a delayed response to USDA’s added world production from Tuesday. Chicago SRW futures poste losses of a nickel in the front months on the midweek session. KC HRW futures saw losses of 3 to 4 cents on Wednesday. MPLS spring wheat as steady to a penny lower. The … - [Soybeans Post Gains, as NASS Confirms Record October Crush](https://todaymarkets.ae/soybeans-post-gains-as-nass-confirms-record-october-crush/): Soybeans were 1 to 4 cents higher across most contracts on Wednesday.  The cmdtyView national average Cash Bean price was 4 1/4 cents lower at $10.21 3/4. Soymeal futures ere steady to $3.10 in the red, with Soy Oil futures 7 to 11 points higher.  USDA reported private export sales of 136,000 MT of soybeans to China and 119,000 MT to … - [Corn Pulls Back](https://todaymarkets.ae/corn-pulls-back/): Corn futures gave back some of the Tuesday gains, with contracts own 3 to 4 cents on Wednesday, as soon to expire December was down 6 cents.  The CmdtyView national average Cash Corn price was down 3 1/2 cents at $3.99.  EIA data showed a total of 1.105 million barrels per day of ethanol production in the … - [Oil Rises on US Seizure of Venezuelan Tanker](https://todaymarkets.ae/oil-rises-on-us-seizure-of-venezuelan-tanker/): WTI crude oil futures rose toward $59 per barrel on Thursday, extending gains from the previous session, after the US intercepted a sanctioned tanker near Venezuela. The move prompted a pullback in shipments from the South American producer and heightened fears of escalating tensions. Adding to the risk premium, Ukraine struck a shadow-fleet tanker tied … - [Hong Kong Market Builds on Previous Gains](https://todaymarkets.ae/hong-kong-market-builds-on-previous-gains/): Hong Kong stocks rose 201 points, or 0.8%, to 25,733 in Thursday’s morning session, marking advances for a second day after a strong Wall Street session overnight. Sentiment improved as the Fed cut interest rates as expected, with traders still hopeful for further easing ahead, even though policymakers signaled a likely pause for now. Locally, … - [Dollar Languishes on Dovish Fed Outlook](https://todaymarkets.ae/dollar-languishes-on-dovish-fed-outlook/): The dollar index slipped to around 98.5 on Thursday, its lowest in over seven weeks after the Federal Reserve delivered its third quarter-point rate cut this year, in line with expectations. The Fed also signaled a less hawkish outlook than markets had anticipated and Chair Jerome Powell suggested a rate hike is off the table, … - [Australian Dollar Eases from 3-Month High](https://todaymarkets.ae/australian-dollar-eases-from-3-month-high/): The Australian dollar weakened around $0.664 on Thursday, easing from a three-month high, as investors weighed the latest labor market figures for clues on the Reserve Bank’s policy direction. The economy unexpectedly lost 21,300 jobs in November, the most in nine months, driven entirely by full-time positions, while fewer people entered the workforce, keeping the … - [PBoC Pulls Liquidity, MoF to Renew CNY 750 Billion Special Bonds](https://todaymarkets.ae/pboc-pulls-liquidity-mof-to-renew-cny-750-billion-special-bonds/): The People’s Bank of China conducted a CNY 118.6 billion seven-day reverse repo operation on Wednesday, December 11, keeping the interest rate unchanged at 1.4%. With CNY 180.8 billion in reverse repos maturing the same day, the operation resulted in a net liquidity withdrawal of CNY 62.2 billion. Meanwhile, the Ministry of Finance announced it … - [Yen Gains on Dollar Weakness](https://todaymarkets.ae/yen-gains-on-dollar-weakness/): The Japanese yen strengthened toward 155.5 per dollar on Thursday, extending gains from the previous session as the dollar weakened sharply after the US Federal Reserve delivered its third rate cut of the year and signaled a less hawkish outlook than markets anticipated. Investors are also eyeing next week’s Bank of Japan policy meeting, where … - [South Korean Won Strengthens on FX Measures, Trade Gains](https://todaymarkets.ae/south-korean-won-strengthens-on-fx-measures-trade-gains/): The South Korean won appreciated to around 1,466 per dollar on Thursday, gaining traction after stabilizing for two consecutive sessions as government efforts to ease concerns over capital outflows continued to support the currency. After the Ministry of Trade, Industry, and Resources unveiled a modular trade agreement framework, focus returned to the FX market, with … - [South Korean Shares Rise on Fed Rate Cut](https://todaymarkets.ae/south-korean-shares-rise-on-fed-rate-cut/): The benchmark KOSPI rose 0.4% to around 4,150 on Thursday, recovering losses from the previous session as sentiment improved following the US Federal Reserve’s rate cut. The Fed lowered rates by 25 bps and signaled it may pause additional cuts for now, easing pressure on yields and lifting demand for growth-oriented equities. The more supportive … - [China Stocks Struggle as Policy Cues Eyed](https://todaymarkets.ae/china-stocks-struggle-as-policy-cues-eyed/): The Shanghai Composite fell 0.3% to below 3,890, while the Shenzhen Component edged up 0.05% to 13,323 on Thursday, with mainland stocks showing mixed performances as investors awaited fresh policy guidance from Beijing. Markets are focused on the Central Economic Work Conference, where growth targets and policy plans for 2026 will be outlined. On Monday … - [Japanese Shares Fall as SoftBank Tumbles](https://todaymarkets.ae/japanese-shares-fall-as-softbank-tumbles/): The Nikkei 225 fell 0.6% toward 50,300, while the Topix declined 0.5% to 3,372 on Thursday, reversing earlier gains as SoftBank Group tracked sharp losses in Oracle. Japanese investing giant SoftBank dropped nearly 7% after US tech firm Oracle plunged over 11% in after-hours trading on a revenue miss and weak profit guidance. The two … - [AUS 10Y Yield Eases After Mixed Jobs Report](https://todaymarkets.ae/aus-10y-yield-eases-after-mixed-jobs-report/): Australia’s government bond yield fell to 4.71%, retreating from an over two-year high as investors reassessed the outlook for monetary policy following a mixed jobs report. Employment declined by 23,100 in November, following a 41,000 increase in October and undershooting expectations for a 20,000 gain. This points to a cooling labor market, which reduces pressure … - [German Markets Retreat Ahead of The Fed](https://todaymarkets.ae/german-markets-retreat-ahead-of-the-fed/): European indices are recording slight declines during the first phase of Wednesday’s session – the EU50 is down 0.1%, the DE40 is down 0.33% and the FRA40 is down 0.17%. The limited volatility is currently mainly due to expectations regarding the Fed’s decision on interest rates and the publication of new economic forecasts/dot plot. Source: … - [Nvidia - A New Era in Chips With More Security](https://todaymarkets.ae/nvidia-a-new-era-in-chips-with-more-security/): Nvidia is introducing a breakthrough feature in its Blackwell chips, a location verification system that allows the company to determine in which country its processors are operating and helps prevent illegal exports to restricted nations. The feature is available as an optional software update and uses GPU telemetry and confidential computing mechanisms, enabling data center … - [Chart of The Day - EUR/USD](https://todaymarkets.ae/13085-2/): Today, the EUR/USD is trading near 1.164, moving within a relatively narrow range. Markets are holding back on larger positions ahead of the Fed’s evening meeting. Slight pressure on the dollar, driven by expectations of possible rate cuts in the U.S., along with stable macro data from the Eurozone, provides moderate support for the euro. Nevertheless, … - [Trade of The Day - Copper](https://todaymarkets.ae/13083-2/): Facts: Trade: Short position on COPPER at market price. COPPER (D1) Source: xStation5 Opinion: Current copper valuations have accounted for most of the demand-driven, long-term trends in the commodity and copper markets. These include, among others, the expansion of data center infrastructure, increased demand from the renewable energy and electric vehicle sectors, and structural shortages/underinvestment … - [Amazon.com Inc. Increases It's Investment in India](https://todaymarkets.ae/amazon-com-inc-increases-its-investment-in-india/): Amazon.com Inc. announced that it plans to invest over USD 35 billion in India by 2030, focusing on artificial intelligence, export growth, and creating new jobs. This investment builds on previous spending of around USD 40 billion and includes the development of both physical and digital infrastructure. The company expects to create approximately 1 million jobs, including direct, … - [Fed preview: What comes after the cut?](https://todaymarkets.ae/fed-preview-what-comes-after-the-cut/): The Federal Reserve is scheduled to announce a 25bp rate cut this evening at 1900 GMT, thirty minutes later, Jerome Powell will deliver his press conference. While there is a 90% chance of a rate cut at this meeting, the outlook is less clear. In the lead up to this meeting, bond traders are scaling … - [EUR/USD holds steady below 1.1650, all eyes on Fed rate decision](https://todaymarkets.ae/eur-usd-holds-steady-below-1-1650-all-eyes-on-fed-rate-decision/): The EUR/USD pair trades flat around 1.1625 during the early European session on Wednesday. Markets turn cautious ahead of the US Federal Reserve (Fed) interest rate decision later on Wednesday, in which a 25 basis points (bps) rate cut is almost fully priced in. The Fed is expected to deliver a further interest rate cut at its December … - [Gold consolidates above $4,200 as traders seem reluctant ahead of FOMC rate decision](https://todaymarkets.ae/gold-consolidates-above-4200-as-traders-seem-reluctant-ahead-of-fomc-rate-decision/): Gold (XAU/USD) struggles to capitalize on the previous day’s bounce from the $4,170 area, or a one-week low, and oscillates in a range near the weekly top, touched during the Asian session on Wednesday. Traders now seem reluctant to place aggressive directional bets and opt to wait for the outcome of a two-day FOMC policy … - [GBP/USD holds positive ground above 1.3300, eyes on Fed rate decision](https://todaymarkets.ae/gbp-usd-holds-positive-ground-above-1-3300-eyes-on-fed-rate-decision/): The GBP/USD pair trades on a firmer note around 1.3305 during the early European session on Wednesday. The Greenback edges lower against the Pound Sterling (GBP) as the US Federal Reserve (Fed) is widely expected to announce another interest rate cut on Wednesday. The UK monthly Gross Domestic Product (GDP) report will be published later on Friday.  Markets have priced … - [USD/CHF flattens around 0.8050 as investors await Fed’s policy outcome](https://todaymarkets.ae/usd-chf-flattens-around-0-8050-as-investors-await-feds-policy-outcome/): The USD/CHF pair trades flat around 0.8060 during the late Asian trading session on Wednesday. The Swiss Franc pair consolidates as investors await the monetary policy announcement by the Federal Reserve (Fed), which is scheduled at 19:00 GMT. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades flat … - [New Zealand Stocks Fall to 3-Week Low](https://todaymarkets.ae/new-zealand-stocks-fall-to-3-week-low/): New Zealand’s benchmark S&P/NZX 50 index fell 0.6% to close at 13,371 on Wednesday, extending losses from the previous session to its lowest level in three weeks. Caution prevailed ahead of the US Federal Reserve’s rate decision later in the day, with analysts expecting the central bank would move forward with a “hawkish cut.” Meanwhile, … - [Palm Oil Slides After Monthly Data](https://todaymarkets.ae/palm-oil-slides-after-monthly-data/): Malaysian palm oil futures traded lower on Wednesday, hovering below MYR 4,100 per tonne after a modest gain in the prior session. Pressure grew after monthly data from the Malaysian Palm Oil Board (MPOB) showed end-November stocks jumped 13.0% from October to 2.84 million tonnes, the highest level in 6-1/2 years and above Reuters’ forecast … - [Dutch Manufacturing Output Rebounds in October](https://todaymarkets.ae/dutch-manufacturing-output-rebounds-in-october/): Manufacturing production in the Netherlands rose 0.2% month-over-month in October 2025, rebounding from a revised 0.3% fall in September. Output increased for leather and shoes (3.2% vs -0.9% in September), paper (6.7% vs -5.7%), graphics (-2.8% vs 2.8%), petroleum (17.4% vs -14.1%), rubber and plastics (1% vs -0.8%), and basic metals (2.4% vs -0.4%). Production … - [Crude Prices Decline on Global Oil Glut Fears](https://todaymarkets.ae/crude-prices-decline-on-global-oil-glut-fears/): January WTI crude oil (CLF26) on Tuesday closed down -0.63 (-1.07%), and January RBOB gasoline (RBF26) closed down -0.0084 (-0.47%). Crude oil and gasoline prices added to Monday’s losses on Tuesday, with crude posting a 1.5-week low and gasoline posting a 2-week low.  Tuesday’s stronger dollar is bearish for energy prices.  Crude prices are also … - [Natural Gas May Have Just Printed a Blow-Off Top — And a Textbook Shooting Star Reversal](https://todaymarkets.ae/natural-gas-may-have-just-printed-a-blow-off-top-and-a-textbook-shooting-star-reversal/): Dual Edge Research publishes two powerful newsletters that work great individually — and even better together. The Bull Strangle Newsletter focuses on stocks and options, combining stock ownership with premium-selling strategies to generate consistent income and market-beating returns. The Smart Spreads Newsletter specializes in seasonal commodity futures spreads, offering a diversified approach with low correlation to equities. Together, they deliver … - [Live cattle futures down 50 cents in nearby December](https://todaymarkets.ae/live-cattle-futures-down-50-cents-in-nearby-december/): Live cattle futures are down 50 cents in nearby December, with other contracts 20 to 30 cents higher.  There were 15 new deliveries on Tuesday for West Point, NE, with another 15 retendered in Kearney, NE. Cash trade has been quiet thus far this week. Last week was $220-225 in the north, with southern action at … - [Wheat Mixed Despite Another Increase to World Production](https://todaymarkets.ae/wheat-mixed-despite-another-increase-to-world-production/): The wheat complex was mixed across the three exchanges on Tuesday, with spring wheat holding higher. Chicago SRW futures were fractionally mixed on the day. KC HRW futures also saw fractionally mixed action at the close. MPLS spring wheat was 5 cents higher in the March contract. USDA published their monthly WASDE report this morning, … - [Soybeans Faces Pressure with Minimal USDA Updates](https://todaymarkets.ae/soybeans-faces-pressure-with-minimal-usda-updates/): Soybeans posted Tuesday losses of 6 to 8 cents in the nearbys, as contracts pulled off lows into the close. The cmdtyView national average Cash Bean price was 4 3/4 cents lower at $10.18 1/4. Soymeal futures were 60 cents to $5.40 in the red, with Soy Oil futures 15 to 19 points lower.  WASDE data was updated this morning, but … - [Corn Pops Higher as USDA Cuts Ending Stocks](https://todaymarkets.ae/corn-pops-higher-as-usda-cuts-ending-stocks/): Corn futures posted gains of 4 to 5 cents across most contracts on Tuesday, following a bullish USDA report. The CmdtyView national average Cash Corn price was up 4 1/2 cents at $4.03 1/2.  The monthly WASDE was out this morning, showing a 125 mbu cut to US ending stocks, now at 2.029 billion bushels. That was … - [Sugar Prices Fall as the Brazilian Real Weakens](https://todaymarkets.ae/sugar-prices-fall-as-the-brazilian-real-weakens/): March NY world sugar #11 (SBH26) on Tuesday closed down -0.15 (-1.01%), and March London ICE white sugar #5 (SWH26) closed down -3.80 (-0.90%). Sugar prices tumbled to 3-week lows on Tuesday.  Weakness in the Brazilian real is weighing on sugar prices as the real (^USDBRL) fell to a 1.75-month low against the dollar on … - [Coffee Prices Supported by Below-Normal Precipitation in Brazil](https://todaymarkets.ae/coffee-prices-supported-by-below-normal-precipitation-in-brazil/): March arabica coffee (KCH26) today is up +5.80 (+1.58%), and January ICE robusta coffee (RMF26) is up +44 (+1.04%). Coffee prices are moving higher today as they recover some of Monday’s sharp losses.  Below-normal precipitation in Brazil is supportive of coffee prices.  Somar Meteorologia reported Monday that Brazil’s largest arabica coffee-growing area, Minas Gerais, received … - [Cocoa Sharply Higher on Reduced Global Surplus and Commodity Index Inclusion](https://todaymarkets.ae/cocoa-sharply-higher-on-reduced-global-surplus-and-commodity-index-inclusion/): March ICE NY cocoa (CCH26) on Tuesday closed up +181 (+3.17%), and March ICE London cocoa #7 (CAH26) closed up +133 (+3.23%). Cocoa prices extended their two-week-long rally on Tuesday to 3.5-week highs.  The outlook for a smaller-than-expected global cocoa surplus has underpinned prices.  On November 28, the International Cocoa Organization (ICCO) cut its global … - [China Food Prices Rise for First Time in 10 Months](https://todaymarkets.ae/china-food-prices-rise-for-first-time-in-10-months/): China’s food prices rose 0.2% year-on-year in November 2025, reversing a 2.9% drop in the previous month and marking the first increase since January. The rebound was primarily driven by increases in the prices of fresh vegetables (14.5% vs -7.3% in October) and fresh fruit (0.7% vs -2.0%), likely reflecting seasonal demand and tighter supply … - [Dollar Holds Steady Ahead of Fed Decision](https://todaymarkets.ae/dollar-holds-steady-ahead-of-fed-decision/): The dollar index held steady around 99.2 on Wednesday after a two-day advance, as investors braced for the latest Federal Reserve policy decision, where it is widely expected to deliver its third 25 basis point rate cut this year. However, policymakers remain divided, with some pushing for further easing to support a cooling market while … - [Australian Dollar Nears 3-Month High](https://todaymarkets.ae/australian-dollar-nears-3-month-high/): The Australian dollar traded around $0.664, hovering close to its highest level in nearly three months, supported by the Reserve Bank’s hawkish monetary policy outlook. The central bank held cash rates steady as widely expected at its December meeting, while Governor Michele Bullock took markets by surprise with a sharply hawkish shift on rates by … - [Yen Weakens Despite Hawkish BOJ Signals](https://todaymarkets.ae/yen-weakens-despite-hawkish-boj-signals/): The Japanese yen traded near 157 per dollar on Wednesday after a sharp three-day decline, even as Bank of Japan Governor Kazuo Ueda said the central bank is getting closer to attaining its inflation target, hinting at a potential near-term rate hike. Markets are pricing in a possible BOJ rate increase next week, with attention … - [South Korean Shares Fall Ahead of Fed Decision](https://todaymarkets.ae/south-korean-shares-fall-ahead-of-fed-decision/): The benchmark KOSPI fell 0.1% to around 4,139 on Wednesday, extending losses from the previous session, as investors positioned cautiously ahead of the Fed’s policy decision later today. Traders continue to price in the possibility of a rate cut alongside lingering inflation concerns, keeping global risk sentiment subdued and prompting defensive positioning across major sectors. … - [China Stocks Fall for Second Session](https://todaymarkets.ae/china-stocks-fall-for-second-session-3/): The Shanghai Composite fell 0.7% to around 3,880, while the Shenzhen Component dropped 0.6% to 13,200 on Wednesday, marking a second consecutive session of losses as rising consumer inflation reduced expectations for new policy support. Consumer prices in China rose 0.7% year-on-year in November, the highest in nearly two years, while producer price deflation deepened. … - [Hong Kong Equities Slip for 3rd Session](https://todaymarkets.ae/hong-kong-equities-slip-for-3rd-session/): Hong Kong shares fell 137 points or 0.5% to 25,295 in early trade on Wednesday, extending losses for a third session and hitting a two-week low amid broad-based declines. Weak cues from Wall Street weighed on sentiment after the S&P 500 and Dow Jones pulled back overnight, as traders expect a 25bps Fed rate cut … - [Japan Manufacturers’ Mood Weakens in December](https://todaymarkets.ae/japan-manufacturers-mood-weakens-in-december/): The Reuters Tankan index for Japanese manufacturers fell to +10 in December 2025 from a near four-year high of +17 in November, as fiscal and growth concerns weighed on sentiment. Revised data showed that the economy contracted more than initially estimated in the third quarter. Prime Minister Sanae Takaichi’s large spending plans added to worries … - [Offshore Yuan Holds Gains](https://todaymarkets.ae/offshore-yuan-holds-gains/): The offshore yuan held its gain around 7.06 per dollar on Wednesday, as elevated consumer inflation tempered expectations of further monetary policy support. China’s consumer prices increased 0.7% year-on-year in November 2025, marking the highest reading since February 2024. Earlier this week, the Politburo pledged to expand domestic demand and support the broader economy in … - [Japanese Shares Slip on Hawkish BOJ Signals](https://todaymarkets.ae/japanese-shares-slip-on-hawkish-boj-signals/): The Nikkei 225 Index fell 0.3% to below 50,500, while the broader Topix Index lost 0.1% to 3,380 on Wednesday, ending a two-day advance as hawkish signals from the Bank of Japan weighed on domestic equities. BOJ Governor Kazuo Ueda indicated that the central bank is getting close to its inflation target, suggesting a potential … - [Japan 10-Year Yield Hovers Near 18-Year High](https://todaymarkets.ae/japan-10-year-yield-hovers-near-18-year-high/): Japan’s 10-year government bond yield traded around 1.96%, close to its highest level since 2007, after Bank of Japan Governor Kazuo Ueda signaled that the central bank is nearing its inflation target, hinting at a potential near-term rate hike. Markets are pricing in a possible BOJ rate increase next week, with attention on Ueda’s post-meeting … - [China 10Y Yield Falls After Inflation Data](https://todaymarkets.ae/china-10y-yield-falls-after-inflation-data/): China’s 10-year government bond yield fell to a one-week low of around 1.84% as investors reacted to the latest inflation data, which added complexity to the monetary policy outlook. Consumer prices rose 0.7% year-on-year in November 2025, the highest level since February 2024. The Politburo recently pledged to boost domestic demand and support the wider … - [Chart of The Day - AUD/USD](https://todaymarkets.ae/chart-of-the-day-aud-usd-10/): The RBA kept interest rates at 3.6% as expected, but the key change lies in a dramatic shift in rhetoric towards possible hikes in 2026. Governor Michele Bullock stated outright that further cuts are not on the horizon, and the scenario assumes either a long pause or a transition to a cycle of increases. Australia … - [Iron Ore Extends Fall on Rising Supply](https://todaymarkets.ae/iron-ore-extends-fall-on-rising-supply/): Iron ore futures fell toward CNY 750 per ton, touching a five-month low as the massive Simandou project in Guinea shipped its first ore, raising expectations of increased global supply at a time when demand in top consumer China is weakening. The project is expected to produce 120 million tons of iron ore annually, chipping … - [Australian Shares Fall After RBA Decision](https://todaymarkets.ae/australian-shares-fall-after-rba-decision/): The S&P/ASX 200 fell 0.5% to close at 8,586 on Tuesday, extending losses from the previous session as market sentiment remained subdued following the Reserve Bank of Australia’s latest policy decision. At its final meeting of the year, the RBA left the cash rate unchanged at 3.60% for a third consecutive meeting, prolonging the pause … - [USD/CAD trades with negative bias around mid-1.3800s; Trump’s tariff threat limit losses](https://todaymarkets.ae/usd-cad-trades-with-negative-bias-around-mid-1-3800s-trumps-tariff-threat-limit-losses/): The USD/CAD pair struggles to capitalize on the previous day’s goodish recovery from the 1.3800 mark, or its lowest level since September 22, and edges lower during the Asian session on Tuesday. Spot prices currently trade around the 1.3845-1.3850 region, though traders seem reluctant to place aggressive directional bets amid mixed fundamental cues. The upbeat Canadian employment … - [EUR/JPY Price Forecast: Holds above 181.50, positive view remains intact](https://todaymarkets.ae/eur-jpy-price-forecast-holds-above-181-50-positive-view-remains-intact/): The EUR/JPY cross trades on a firmer note around 181.60 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Euro (EUR) after a massive 7.6-magnitude earthquake shook northeastern Japan late on Monday, which briefly raised concerns about economic disruptions. Furthermore, weaker-than-expected Japan Gross Domestic Product (GDP) data for the third quarter might … - [Palm Oil Slides for 3rd Session Below MYR 4,000](https://todaymarkets.ae/palm-oil-slides-for-3rd-session-below-myr-4000/): Malaysian palm oil futures slipped for a third consecutive session, hovering near MYR 3,980 per tonne, a near three-week low, pressured by a stronger ringgit and weakness in rival edible oils on the Dalian and Chicago markets. Sentiment was further weighed down by signs of softer exports, as cargo surveyors estimated shipments of Malaysian palm … - [China Stocks Extend Losses for Second Session](https://todaymarkets.ae/china-stocks-extend-losses-for-second-session/): The Shanghai Composite fell 0.8% to below 3,840 while the Shenzhen Component lost 0.9% to 12,990 on Tuesday, extending losses from the previous session as mounting economic concerns and the absence of strong policy support pressured the market. A series of economic indicators released on Monday highlighted slowing activity, including weaker-than-expected retail sales and industrial … - [Nat-Gas Prices Under Pressure as US Weather Forecasts Warm](https://todaymarkets.ae/nat-gas-prices-under-pressure-as-us-weather-forecasts-warm/): January Nymex natural gas (NGF26) on Monday closed down by -0.101 (-2.46%). Jan nat-gas prices slid to a 7-week low on Monday and settled sharply lower.  Nat-gas prices have sold off over the past week as US weather forecasts have turned warmer across much of the country, potentially reducing heating demand and prompting heavy liquidation … - [Energy Demand Concerns Undercut Crude Oil Prices](https://todaymarkets.ae/energy-demand-concerns-undercut-crude-oil-prices/): January WTI crude oil (CLF26) on Monday closed down -0.62 (-1.08%), and January RBOB gasoline (RBF26) closed down -0.0198 (-1.13%). Crude oil and gasoline prices were under pressure on Monday, with crude oil falling to a 1.75-month low and gasoline posting a 4.75-year nearest-futures low.  Concerns about global energy demand are weighing on crude prices … - [Wheat Faced Monday Pressure](https://todaymarkets.ae/wheat-faced-monday-pressure/): The wheat complex was under pressure on Monday. Chicago SRW futures were 8 to 9 cents lower across most contracts to start the week. KC HRW futures were 6 to 7 cents in the red at the close. MPLS spring wheat was down 6 to 7 cents across the front months on Monday. This morning’s … - [Corn Pull Off Lows](https://todaymarkets.ae/corn-pull-off-lows/): Corn futures saw weakness for much of Monday, with contracts down 1 to 2 cents in the nearbys, pulling off early lows. The CmdtyView national average Cash Corn price was down a penny to  $3.95.  A private export sale of 150,320 MT of corn was sold to unknown destinations this morning.  USDA tallied corn export shipments at … - [Soybeans Continue Slide Despite Another Chinese Purchase](https://todaymarkets.ae/soybeans-continue-slide-on-monday-despite-another-chinese-purchase/): Soybeans closed Monday with losses of 4 to 5 cents, as the market continues to sell the fact as the Chinese purchases come through. The cmdtyView national average Cash Bean price was 4 ½ cents lower at $10.01. Soymeal futures were up 70 cents to $1.10, with Soy Oil futures down 30 to 70 cents. A Reuters report indicated EPA finalization … - [Coffee Prices Sink as Rain in Brazil Eases Crop Development Concerns](https://todaymarkets.ae/coffee-prices-sink-as-rain-in-brazil-eases-crop-development-concerns/): March arabica coffee (KCH26) on Monday closed down -9.00 (-2.44%), and January ICE robusta coffee (RMF26) closed down -80 (-1.94%). Coffee prices extended last Friday’s plunge on Monday, with arabica falling to a 3-week low and robusta sliding to a 4-month low.  Ample rains in Brazil have eased concerns over coffee crop development and hammered … - [Cocoa Prices Sharply Lower on Favorable Weather in West Africa](https://todaymarkets.ae/cocoa-prices-sharply-lower-on-favorable-weather-in-west-africa/): March ICE NY cocoa (CCH26) on Monday closed down -403 (-6.42%), and March ICE London cocoa #7 (CAH26) closed down -321 (-7.05%). Cocoa prices sank on Monday as rains in West Africa and a delay in the seasonal Harmattan winds have benefitted cocoa crops, sparking long liquidation in cocoa futures.  Cocoa farmers in the Ivory … - [Sugar Prices Pressured as India Boosts Sugar Production and Crude Oil Declines](https://todaymarkets.ae/sugar-prices-pressured-as-india-boosts-sugar-production-and-crude-oil-declines/): March NY world sugar #11 (SBH26) on Monday closed down -0.15 (-0.99%), and March London ICE white sugar #5 (SWH26) closed down -3.00 (-0.70%). Sugar prices settled lower on Monday due to higher Indian sugar output and a slide in crude oil prices.  The India Sugar Mill Association (ISMA) reported Monday that Indian sugar production … - [Cotton Holds on to Gains](https://todaymarkets.ae/cotton-holds-on-to-gains/): Cotton futures were up 10 to 16 points in the front months at the Monday close. Crude oil futures were 79 cents lower per barrel at $56.65, with the US dollar index $0.093 lower to $98.300. CFTC data indicated spec funds increasing their net short position by 3,756 contracts to 61,999 contracts as of November … - [Dollar Pressured Ahead of Payrolls Report](https://todaymarkets.ae/dollar-pressured-ahead-of-payrolls-report/): The dollar index hovered around 98.3 on Tuesday, remaining near two-month lows as investors positioned ahead of the combined October and November jobs report, which was delayed by the government shutdown. Retail sales data and preliminary manufacturing indicators are also due later today, while the November consumer price index will be released on Thursday. The … - [Australian Dollar Falls on Weak Data](https://todaymarkets.ae/australian-dollar-falls-on-weak-data/): The Australian dollar depreciated past $0.662 per US dollar, marking its fourth consecutive session of losses as investors weighed weak economic data. The Westpac-Melbourne Institute Consumer Sentiment Index slumped by 9% month-on-month in December 2025, sliding back below the 100 mark after briefly returning to positive territory in the previous month. Inflation emerged as the … - [Hong Kong Stocks Remain Under Pressure](https://todaymarkets.ae/hong-kong-stocks-remain-under-pressure/): Hong Kong shares dropped 371 points, or 1.4%, to 25,258 Tuesday morning’s session, extending steep losses from the prior day as all sectors retreated. Risk appetite was pressured by declines in mainland markets after weak November data showed fragile industrial output and retail turnover amid soft external demand and shaky domestic conditions. Local equities neared … - [South Korean Stocks Fall on AI Fears](https://todaymarkets.ae/south-korean-stocks-fall-on-ai-fears/): The benchmark KOSPI fell 1.72% to around 4,020 on Tuesday, extending losses for a second consecutive session as lingering concerns over stretched AI valuations and a renewed tech stock sell-off weighed on sentiment. Investors are shifting their attention to the government’s plan to channel over KRW 30 trillion into AI and other strategic sectors next … - [Treasury Yields Edge Down](https://todaymarkets.ae/treasury-yields-edge-down/): The yield on the US 10-year Treasury note edged down to 4.16% on Monday, but remained close to the September lows reached earlier in the month, as traders braced for a week packed with key, previously delayed economic data releases. Key updates include the jobs report, CPI inflation and retail sales, which should help gauge … - [UK Bond Yields Little Changed, Data, and BoE Eyed](https://todaymarkets.ae/uk-bond-yields-little-changed-data-and-boe-eyed/): The UK 10-year gilt yield remained largely unchanged around 4.5%, as traders prepared for the Bank of England’s monetary policy decision later in the week. The central bank is widely expected to cut the key bank rate by 25 basis points to 3.75%, bringing it to the lowest level since 2022, as rising unemployment and … - [Trade of The Day - USD/JPY](https://todaymarkets.ae/trade-of-the-day-usd-jpy-2/): Facts: Recommendation: Source: xStation5 Opinion After three months of weakness against the dollar, the yen is beginning to regain ground amid crystallising expectations around Japan’s monetary policy and a growing sense that the Bank of Japan is behind the curve in responding to elevated inflation and improving producer sentiment. From early September through the end … - [EUR/USD holds gains ahead of busy week – ING](https://todaymarkets.ae/eur-usd-holds-gains-ahead-of-busy-week-ing/): EUR/USD remains firm as markets brace for a packed week of events, including the European Central Bank (ECB) meeting, EU Council decisions on Ukraine reparations and Mercosur, and key eurozone data releases. Resistance at 1.1750/60 will likely determine whether the pair can test 1.1800, ING’s FX analyst Chris Turner notes. EU Council meeting key for Ukraine loan, Mercosur … - [USD slides Against major currencies – BBH](https://todaymarkets.ae/usd-slides-against-major-currencies-bbh/): The US Dollar (USD) is trading defensively across major currencies, with potential to drift toward the lower end of its June–December range. Markets are closely monitoring Federal Reserve (Fed) speakers Stephen Miran and John Williams for signals on the next policy moves, BBH FX analysts report, BBH FX analysts report. Fed speakers in focus today “USD is … - [USD/CNH trades near recent lows – OCBC](https://todaymarkets.ae/usd-cnh-trades-near-recent-lows-ocbc/): USD/CNH remains pressured near recent lows, weighed by broad USD softness and a low USD/CNY fix. While daily momentum is mildly bearish and RSI approaches oversold levels, a break below 7.0380 could trigger further downside, whereas resistance sits at 7.08. Pair was last seen at 7.0427 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong … - [USD: US data week puts US Dollar in focus – ING](https://todaymarkets.ae/usd-us-data-week-puts-us-dollar-in-focus-ing/): Markets are focused on US macro data and Federal Reserve (Fed) communication, with November NFP expected to show weak job growth and a higher unemployment rate. Softer data or dovish Fed signals could revive expectations for a March rate cut, while Thursday’s European Central Bank (ECB) meeting remains the main external risk for short US … - [USD/JPY consolidates ahead of BOJ meeting – OCBC](https://todaymarkets.ae/usd-jpy-consolidates-ahead-of-boj-meeting-ocbc/): USD/JPY remains range-bound as markets brace for the Bank of Japan’s (BOJ) expected rate hike this week, with a 92% probability priced in. While the dollar’s fate will largely dictate JPY movement, a meaningful JPY recovery hinges on further BOJ guidance and fiscal discipline. Support is seen at 154.40, with resistance around 156 and 157. Pair … - [GBP: Soft UK GDP pressures Sterling – ING](https://todaymarkets.ae/gbp-soft-uk-gdp-pressures-sterling-ing/): Weak UK GDP data has weighed on the pound ahead of a pivotal week featuring jobs data, CPI and a likely Bank of England (BoE) rate cut. While markets still underprice easing and point to EUR/GBP upside next year, extremely bearish sterling positioning raises the risk of a sharp short squeeze on any positive surprise, ING’s FX … - [Eurozone Industrial Growth at 5-Month High](https://todaymarkets.ae/eurozone-industrial-growth-at-5-month-high/): Eurozone industrial production rose 0.8% month-on-month in October 2025, the largest increase since May 2025, up from 0.2% in the previous month and in line with market expectations. Gains were broad-based, led by durable consumer goods (+2.0%), non-durable consumer goods (+1.2%), energy (+1.1%), capital goods (+0.5%), and intermediate goods (+0.3%). Among the Eurozone’s largest economies, … - [German 10-Year Bund Yield Hovers at 9-Month Highs](https://todaymarkets.ae/german-10-year-bund-yield-hovers-at-9-month-highs/): Germany’s 10-year Bund yield held around 2.84% during the final full trading week of the year, hovering near nine-month highs as investors braced for the ECB’s monetary policy decision later in the week. The ECB is widely expected to keep interest rates unchanged for a fourth consecutive meeting, and markets are pricing in roughly a … - [Gold breaks out of consolidation – Société Générale](https://todaymarkets.ae/gold-breaks-out-of-consolidation-societe-generale/): Gold has confirmed a bullish breakout above its multi-week consolidation, signalling a renewed uptrend. Prices may grind higher toward the October high near $4380 and potentially the $4540 projection, while the $4170–$4150 area is now critical support for maintaining upside momentum, Société Générale’s FX analysts note. Bullish trend reasserts itself “Gold has broken above the upper … - [GBP/AUD - Recommendation From MUFG](https://todaymarkets.ae/gbp-aud-recommendation-from-mufg/): MUFG has published a recommendation for the GBPAUD currency pair. MUFG recommends taking a short position on the following conditions: Entry (market): 2.0105Target: 1.9305Stop: 2.0492 MUFG recommends taking a short position on GBPAUD at market price with a target of 1.9305 and a stop loss order placed at 2.0492. Source: xStation5 The material on this … - [Sanofi Under Pressure After FDA Delay And Failed Trials](https://todaymarkets.ae/sanofi-under-pressure-after-fda-delay-and-failed-trials/): Sanofi shares came under significant pressure following the release of negative news regarding tolebrutinib, an innovative drug being developed for the treatment of multiple sclerosis. The company announced that the U.S. Food and Drug Administration will not issue a regulatory decision by the originally planned date of December 28, 2025. A new timeline has not … - [Crypto News - Bitcoin Slides Below $90k, Cryptocurrencues Under Pressure](https://todaymarkets.ae/crypto-news-bitcoin-slides-below-90k-cryptocurrencues-under-pressure/): Last week, despite dovish signals from the Federal Reserve, which initiated technical quantitative easing (QE) and cut interest rates, proved disappointing for both the Nasdaq 100 and Bitcoin. The largest U.S. technology equity index fell by more than 2% over the past five sessions, while Bitcoin declined from above USD 94.5k following the Fed decision … - [China: Domestic demand weakens – Standard Chartered](https://todaymarkets.ae/china-domestic-demand-weakens-standard-chartered/): November IP growth remained solid at 4.8% y/y thanks to an export-growth rebound after the trade deal. Real estate and infrastructure FAI declined deeper; policy makers vowed to stabilise investment. Retail sales of goods softened as policy effect faded, but services sales picked up, Standard Chartered’s economists Hunter Chan and Shuang Ding report. Increased sense … - [USD/MXN resumes downtrend – Société Générale](https://todaymarkets.ae/usd-mxn-resumes-downtrend-societe-generale/): USD/MXN has turned lower again after failing to reclaim its 50-day moving average, breaking beneath consolidation support and reviving bearish momentum. The focus now shifts to downside targets near 17.85–17.60, with rallies likely capped around 18.37, Société Générale’s FX analysts note. Break below consolidation signals weakness “USD/MXN has extended its decline after failing to establish … - [US: Labour demand slipped way before supply – Standard Chartered](https://todaymarkets.ae/us-labour-demand-slipped-way-before-supply-standard-chartered/): NFP likely has been overstated since April 2024 by c.60k per month owing to birth-death adjustments. Actual job growth likely was much weaker in 2024 than the market had initially perceived. Labour demand started to soften months ahead of the immigration crackdown, Standard Chartered’s economists Steve Englander and Dan Pan report. 2024 wasn’t as golden … - [USD/CHF flat lines near 0.7950 as traders await US employment reports](https://todaymarkets.ae/usd-chf-flat-lines-near-0-7950-as-traders-await-us-employment-reports/): USD/CHF holds steady near 0.7960 during the early European session on Monday. However, the potential upside for the pair might be limited as markets turn cautious ahead of key economic data releases later this week. The US employment reports for October and November are due on Tuesday. The US Consumer Price Index (CPI) inflation data will be released … - [Pound Sterling steadies as BoE decision, key UK data loom](https://todaymarkets.ae/pound-sterling-steadies-as-boe-decision-key-uk-data-loom/): The Pound Sterling (GBP) starts the Bank of England’s (BoE) monetary policy week on a cautious note against its major peers. However, the British currency braces for volatility and might face selling pressure this week amid a flurry of economic data releases and strong expectations that the Bank of England (BoE) is expected to cut interest rates by 25 … - [EUR/USD fluctuates near highs in cautious markets ahead of a busy week](https://todaymarkets.ae/eur-usd-fluctuates-near-highs-in-cautious-markets-ahead-of-a-busy-week/): EUR/USD trades with moderate losses, although it remains near 1.1730 at the time of writing, with the 1.1762 multi-month high at a short distance. Investors turn cautious ahead of an array of delayed US macroeconomic releases and the European Central Bank’s (ECB) monetary policy decision. The pair consolidates gains after rallying nearly 2% over the last … - [Gold climbs to seven-week highs on Fed rate cut bets, safe-haven demand](https://todaymarkets.ae/gold-climbs-to-seven-week-highs-on-fed-rate-cut-bets-safe-haven-demand/): Gold price (XAU/USD) rises to seven-week highs to near $4,350 during the early European trading hours on Monday. The precious metal extends its upside amid the prospect of interest rate cuts by the US Federal Reserve (Fed) next year. Lower interest rates could reduce the opportunity cost of holding Gold, supporting the non-yielding precious metal. Additionally, uncertainty and the risk-off … - [U.K. Stocks Start Week on Positive Note](https://todaymarkets.ae/u-k-stocks-start-week-on-positive-note/): London’s FTSE 100 rose 0.5% to near 9,700 on Monday, in line with other European peers, as investors focused on a busy week of economic data, alongside policy decisions from central banks including the Bank of England, which is expected to cut rates. Precious metals miners and retailers led the gains. Endeavour Mining and Fresnillo … - [Chart of The Day - CHN.cash](https://todaymarkets.ae/chart-of-the-day-chn-cash/): Futures on the Hang Seng China Enterprises Index (HSCEI; CHN.cash) fell nearly 0.7%, with sentiment hit by a combination of the recent tech sell-off on Wall Street and a fresh batch of weaker-than-expected Chinese economic data. The ongoing deterioration in the property market continues to weigh on consumer demand and is increasingly spilling over into softer … - [Swiss Producer and Import Deflation Softest in 4 Months](https://todaymarkets.ae/swiss-producer-and-import-deflation-softest-in-4-months/): Switzerland’s producer and import prices fell by 1.6% year-on-year in November 2025, easing slightly from a 1.7% decline in the previous month. The latest figure marked the mildest pace of producer deflation since July, primarily driven by softer decreases in both producer prices (-1.2% vs -1.3% in October) and import prices (-2.5% vs -2.7%). On … - [Economic Calendar - E.U. Industrial Production And Canadian Inflation in Focus](https://todaymarkets.ae/economic-calendar-e-u-industrial-production-and-canadian-inflation-in-focus/): Monday will not be unusually light on macroeconomic releases, although attention will be focused largely outside the United States. After data from Switzerland, investors in Europe will be watching closely the industrial production reading for October. While the data rebounded from the August low in the previous month, it did so far less strongly than expected (1.2% … - [Today Markets - The Week Ahead](https://todaymarkets.ae/today-markets-the-week-ahead-3/): The Week Ahead: Gold within touching distance of record high, as more rate cuts on the cards As we enter a new week, stock market futures are pointing to a higher open and risk sentiment has stabilized, after a selloff in US tech stocks in the second half of last week. European and US futures … - [Iron Ore Tumbles on Regulatory Fears](https://todaymarkets.ae/iron-ore-tumbles-on-regulatory-fears/): Iron ore futures slid to around CNY 750 per ton, with the key steelmaking raw material touching a five-month low after China’s Ministry of Commerce said it would place certain steel products under an export licensing regime starting January 1. The move came as strong Chinese steel exports triggered growing protectionist pushback in overseas markets. … - [Steel Pressured by Regulatory Concerns](https://todaymarkets.ae/steel-pressured-by-regulatory-concerns/): Steel rebar futures remained below CNY 3,060 per ton, hovering near one-month lows after China’s Ministry of Commerce said it would place certain steel products under an export licensing regime starting January 1. The announcement followed a surge in Chinese steel exports that has prompted protectionist responses in overseas markets. China’s steel industry has increasingly … - [Saudi Arabia Inflation Lowest in 11 Months](https://todaymarkets.ae/saudi-arabia-inflation-lowest-in-11-months/): The annual inflation rate in Saudi Arabia eased to 1.9% in November 2025 from 2.1% in October, below the expected 2%, marking the lowest level since December 2024. Price growth slowed mainly for food and beverages (1.3% vs 1.5% in October), housing, water, electricity, gas, and other fuels (4.3% vs 4.5%), and transport (1.5% vs … - [India Wholesale Prices Fall Less than Expected](https://todaymarkets.ae/india-wholesale-prices-fall-less-than-expected/): India’s wholesale prices fell 0.32% year-on-year in November 2025, compared with expectations of a 0.6% decline and following a 1.21% drop in October. This marked the second consecutive monthly decline in wholesale prices, though at a softer pace, after the previous month recorded the steepest fall since July 2023. The softer decline was mainly driven … - [Germany Wholesale Prices Hit 9-Month High](https://todaymarkets.ae/germany-wholesale-prices-hit-9-month-high/): Germany’s wholesale prices rose by 1.5% year on year in November 2025, accelerating from a 1.1% increase in the previous month and marking the highest reading since February. The upturn was mainly driven by higher prices for food, beverages, and tobacco, which increased by 3.2%, particularly for coffee, tea, cocoa, and spices (21.9%), sugar, confectionery, … - [Palm Oil Subdued to Start the Week](https://todaymarkets.ae/palm-oil-subdued-to-start-the-week/): Malaysian palm oil futures were little changed on Monday, hovering near MYR 4,020 per tonne, following a sharp drop in the prior session as bargain hunting emerged after prices slid to a two-week low. Traders continued to assess confirmation from the U.S. Department of Agriculture regarding private export sales of 132,000 metric tons of U.S. … - [New Zealand Shares End Flat](https://todaymarkets.ae/new-zealand-shares-end-flat/): New Zealand’s benchmark S&P/NZX 50 index closed flat at 13,408 on Monday, extending a subdued session from the previous week, as shares of industrial and technology services weighed on the index. Ventia Services dropped 2.4%, while Gentrack Group lost 3.9%. Energy minerals also faced downward pressure, with Channel Infrastructure declining 2.5%. These declines were offset … - [Rupee Continues Record Decline](https://todaymarkets.ae/rupee-continues-record-decline/): The Indian rupee slid past 90.6 per dollar, continuing to set fresh record lows, pressured by the absence of a trade deal with the US amid prolonged negotiations and persistent foreign outflows from local equities and bonds. The currency has fallen 5.5% this year, making it Asia’s worst performer, hurt by steep US tariffs that … - [Copper Pressured by Weak China Data](https://todaymarkets.ae/copper-pressured-by-weak-china-data/): Copper futures hovered around $5.3 per pound on Monday after sliding nearly 3% in the previous session, pressured by disappointing economic data from China, the world’s largest consumer of the metal. November retail sales growth and industrial production fell short of expectations amid subdued domestic demand, while fixed asset investment declined more than forecast. New … - [China 10Y Yield Hits Two-Week Low](https://todaymarkets.ae/china-10y-yield-hits-two-week-low/): China’s 10-year government bond yield fell to below 1.84%, hitting its lowest level in two weeks, as disappointing economic data dampened sentiment. November figures showed momentum cooling, with retail sales growth slowing sharply and falling well short of forecasts, underscoring persistent weakness in consumption. Industrial output also eased slightly from the prior month and missed … - [Yuan Hits 15-Month High Despite Weak Data](https://todaymarkets.ae/yuan-hits-15-month-high-despite-weak-data/): The offshore yuan appreciated to around 7.05 per dollar, hitting its highest level since late September last year despite a raft of disappointing economic data. November figures showed momentum cooling, with retail sales growth slowing sharply and falling well short of forecasts, underscoring persistent weakness in consumption. Industrial output also eased slightly from the previous … - [EUR/USD trades with negative bias around 1.1730 amid recovering USD; downside seems limited](https://todaymarkets.ae/eur-usd-trades-with-negative-bias-around-1-1730-amid-recovering-usd-downside-seems-limited/): The EUR/USD pair kicks off the new week on a softer note, though it remains within striking distance of the highest level since early October, touched last Thursday. Spot prices currently trade around the 1.1730 region, down less than 0.10% for the day. The US Dollar (USD) edges higher during the Asian session on Monday and … - [GBP/USD holds steady above mid-1.3300s as traders await key data and BoE this week](https://todaymarkets.ae/gbp-usd-holds-steady-above-mid-1-3300s-as-traders-await-key-data-and-boe-this-week/): The GBP/USD pair remains on the defensive during the Asian session on Monday, though it lacks bearish conviction and holds above the 200-day Simple Moving Average (SMA) pivotal support. Spot prices currently trade around the 1.3360 region, nearly unchanged for the day. The US Dollar (USD) is looking to build on last week’s modest bounce … - [AUD/USD trades lower around 0.6650 amid unexpectedly weak China data](https://todaymarkets.ae/aud-usd-trades-lower-around-0-6650-amid-unexpectedly-weak-china-data/): The AUD/USD pair trades 0.10% lower to near 0.6645 during the Asian trading session on Monday. The Aussie pair is under pressure as the National Bureau of Statistics of China has reported unexpectedly weak Chinese Retail Sales and Industrial Production data for November. The impact of a dramatic change in Chinese domestic data remains significant on the … - [XAG/USD bounces off 100-hour SMA; sticks to gains near $62.50](https://todaymarkets.ae/xag-usd-bounces-off-100-hour-sma-sticks-to-gains-near-62-50/): Silver (XAG/USD) attracts fresh buyers at the start of a new week and reverses a part of Friday’s retracement slide from the all-time peak, around the $64.65 region. The white metal trades above mid-$62.00s during the Asian session, up 1.25% for the day, and seems poised to prolong its recent well-established uptrend. From a technical perspective, … - [Oil Hovers Near 2-Month Lows](https://todaymarkets.ae/oil-hovers-near-2-month-lows/): WTI crude oil futures rose to $57.6 per barrel on Monday, but remained close to their lowest level in nearly two months amid persistent concerns about oversupply, while investors monitor developments surrounding a new round of Ukraine peace negotiations. President Volodymyr Zelensky met with US President Donald Trump’s top envoys on Sunday for two days … - [Bitcoin Drops Below $90K](https://todaymarkets.ae/bitcoin-drops-below-90k/): Bitcoin slipped below the $90,000 threshold in mid-December, touching a two-week low as a global selloff in technology stocks weighed on risk appetite. The decline was driven by concerns over elevated valuations and aggressive AI related spending, alongside growing uncertainty around the US Federal Reserve’s policy outlook for next year. Additional pressure came from fears … - [Korean Shares Fall on Renewed AI Worries](https://todaymarkets.ae/korean-shares-fall-on-renewed-ai-worries/): The benchmark KOSPI slipped 1.57% to around 4,101 on Monday, pulling back from near one-month highs as renewed concerns over a potential AI bubble dampened sentiment. Investor caution followed Friday’s decline on Wall Street, where US equities slipped after Broadcom issued a weaker-than-expected margin outlook for its AI business. The guidance reignited worries that the … - [Yen Edges Higher Ahead of BOJ Meeting](https://todaymarkets.ae/yen-edges-higher-ahead-of-boj-meeting/): The Japanese yen rose to around 155.5 per dollar on Monday, reversing the previous session’s losses as investors prepared for the Bank of Japan’s policy meeting this week. The central bank is widely expected to raise its policy rate by 25 basis points to 0.75%. Market attention will focus on Governor Kazuo Ueda’s post-meeting remarks … - [South Korean Won Hits Over 8-Month Low](https://todaymarkets.ae/south-korean-won-hits-over-8-month-low/): The South Korean won weakened to around 1,477 per dollar on Monday, marking its lowest level in over eight months amid persistent capital outflows, prompting authorities to signal intervention. The finance ministry and Bank of Korea convened an emergency inter-agency meeting over the weekend to discuss measures to stabilize the won and the broader FX … - [China Stocks Slip on Weak Economic Data](https://todaymarkets.ae/china-stocks-slip-on-weak-economic-data/): Mainland Chinese equities declined on Monday, with the Shanghai Composite falling 0.4% to around 13,200 and the Shenzhen Component dropping 0.6% to 25,800, as disappointing economic data dampened investor sentiment. November figures showed retail sales growth and industrial production falling short of expectations, while fixed asset investment declined more than anticipated. New home prices also … - [Gold Nears Record High](https://todaymarkets.ae/gold-nears-record-high/): Gold prices climbed to around $4,320 per ounce on Monday, approaching an all-time high, as investors awaited a series of key US economic releases this week for further clues on the Federal Reserve’s interest rate trajectory. Attention will mainly be on the jobs report due on Tuesday and the inflation data on Thursday. Last week, … - [Japan 10-Year Yield Rises Ahead of BOJ Meeting](https://todaymarkets.ae/japan-10-year-yield-rises-ahead-of-boj-meeting/): Japan’s 10-year government bond yield climbed 2 basis points to around 1.96% on Monday, rising for the second straight session as investors prepared for the Bank of Japan’s policy meeting this week. The central bank is widely expected to raise its policy rate by 25 basis points to 0.75%. Market attention will also focus on … - [Headwinds Drag on November Economic Activity](https://todaymarkets.ae/headwinds-drag-on-november-economic-activity/): China’s economy remains pressured by weak external conditions, insufficient domestic demand, and operational challenges, the National Bureau of Statistics said, though overall activity stayed broadly stable. In November, official data showed that industrial output rose 4.8% yoy, the least in 15 months, reflecting weaker momentum in manufacturing and utilities. At the same time, retail sales … - [Shares in Hong Kong Drop After Underwhelming China Data](https://todaymarkets.ae/shares-in-hong-kong-drop-after-underwhelming-china-data/): Hong Kong equities fell 228 points, or 0.9%, to 25,746 in early trade on Monday, reversing gains from the prior session as broad-based losses swept across most sectors. Sentiment weakened after fresh data signaled a loss of momentum in China’s economy, with November industrial output rising the least in 15 months and retail sales growth … - [New Zealand Dollar Retreats](https://todaymarkets.ae/new-zealand-dollar-retreats/): The New Zealand dollar fell to around $0.578, retreating from a more than two-month high, after the Reserve Bank signaled it is likely to keep the official cash rate unchanged for some time. Governor Anna Breman said this outlook assumes economic conditions evolve as expected. She added that the forward path published in the November … - [Key Hyperunit whale expands Ethereum position amid weak prices](https://todaymarkets.ae/key-hyperunit-whale-expands-ethereum-position-amid-weak-prices/): A major crypto whale has opened a long position in Ethereum (ETH) worth more than half a billion dollars on the Hyperliquid exchange. According to Arkham Intelligence data, the entity, popularly known as the $10 billion Hyperunit whale, pulled $110 million from Binance on Friday to add to an ETH position now worth over $540 … - [DOGE consolidates despite weakening institutional and retail demand](https://todaymarkets.ae/doge-consolidates-despite-weakening-institutional-and-retail-demand/): Dogecoin (DOGE) is trading marginally above its intraday open of $0.1403 at the time of writing on Friday. Support at $0.1321 has been holding steady since November 20, despite the risk-off sentiment across the cryptocurrency market. The Federal Reserve’s (Fed) decision to cut interest rates by 25 basis points on Wednesday was characterised by a sharp rise in volatility, … - [ETH breaches $3,100 as accumulation and whale buying persist](https://todaymarkets.ae/eth-breaches-3100-as-accumulation-and-whale-buying-persist/): Ethereum price today: $3,090 Ethereum (ETH) saw a 3% decline on Friday, briefly falling below $3,100 despite a strong buying activity across whale and accumulation addresses. Accumulation addresses and whales remained active buyers during ETH’s 45% drawdown Ethereum is seeing one of its strongest accumulation trends. In November alone, accumulation addresses scooped 3.24 million ETH, … - [Ripple, Circle and others receive conditional approval for US banking charter](https://todaymarkets.ae/ripple-circle-and-others-receive-conditional-approval-for-us-banking-charter/): The US Office of the Comptroller of the Currency (OCC) announced on Friday that it has conditionally approved national bank trust charters for several digital asset firms. Ripple and Circle received the approval for their respective entities, Ripple National Trust Bank and First National Digital Currency Bank. Meanwhile, BitGo Bank and Trust, Fidelity Digital Assets, and Paxos … - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week-4/): The final week before the Christmas holidays typically ushers in reduced volatility and the entrenchment of existing trends in financial markets. However, 2026 appears to have different plans. The close of the year will bring a series of crucial, delayed data releases from the United States, alongside two key interest rate decisions from the Eurozone … - [Stock Watch - Rivian Automotive](https://todaymarkets.ae/stock-watch-rivian-automotive/): Rivian Automotive is a manufacturer of electric autonomous vehicles, known as “AEV.”It is a relatively niche and small company, considering the extremely capital-intensive business of car manufacturing, with a market capitalization of “only” 23 billion dollars. The company’s valuations are performing very well in today’s session, despite the poor market sentiment. The company has risen by approximately … - [Markets - Tech Companies Decline](https://todaymarkets.ae/markets-tech-companies-decline/): US100 loses almost 2%🔥Market sentiment has significantly worsened at the end of the week. During Friday’s session, American indices are noticeably losing ground. The leader of the declines is US100, which is down by almost 2%. US500 and US2000 are also falling, but their declines are limited to 1%. At the beginning of the week, … - [Silver - XAG/USD Jumps 10% Weekly - up 120% YTD](https://todaymarkets.ae/silver-xag-usd-jumps-10-weekly-up-120-ytd/): Silver is gained over 1% Friday, registering a 10% increase this week and an extraordinary 120% surge for the year. Silver continues its strong upward momentum in the final session of the week, a phenomenon that cannot be attributed to a single factor. Currently, speculative demand is rising very sharply, although it is primarily visible … - [10-Year Note futures traded lower as 2s/10s spread widened.](https://todaymarkets.ae/10-year-note-futures-traded-lower-as-2s-10s-spread-widened/) - [E-mini S&P 500 futures reversed gains to close lower.](https://todaymarkets.ae/e-mini-sp-500-futures-reversed-gains-to-close-lower/) - [February Gold futures finished higher as safety trade emerged.](https://todaymarkets.ae/february-gold-futures-finished-higher-as-safety-trade-emerged/) - [WTI Crude Oil futures consolidated near 2025 lows.](https://todaymarkets.ae/wti-crude-oil-futures-consolidated-near-2025-lows/) - [British Pound futures tracked weekly gain after GDP miss.](https://todaymarkets.ae/british-pound-futures-tracked-weekly-gain-after-gdp-miss/) - [Central bank decision and November Nonfarm Payrolls ahead.](https://todaymarkets.ae/central-bank-decision-and-november-nonfarm-payrolls-ahead/) - [Nat-Gas Prices Hammered by Forecasts for Above-Average US Temps](https://todaymarkets.ae/nat-gas-prices-hammered-by-forecasts-for-above-average-us-temps/): January Nymex natural gas (NGF26) on Friday closed down by -0.118 (-2.79%). Jan nat-gas prices extended this week’s sharp sell-off on Friday, sinking to a 6-week low.   US weather forecasts calling for warmer-than-normal temperatures across a large part of the country will potentially reduce heating demand and have sparked long liquidation pressures in nat-gas … - [Dollar Strength and Stock Market Weakness Undercut Crude Oil Prices](https://todaymarkets.ae/dollar-strength-and-stock-market-weakness-undercut-crude-oil-prices/): January WTI crude oil (CLF26) on Friday closed down -0.16 (-0.28%), and January RBOB gasoline (RBF26) closed down -0.0077 (-0.44%). Crude oil and gasoline prices moved lower on Friday, with gasoline posting a 4.75-year nearest-futures low.  Friday’s dollar strength weighed on energy prices.  Also, Friday’s stock weakness has dampened optimism about the economic outlook, a … - [Cattle Face Pressure into the Weekend](https://todaymarkets.ae/cattle-face-pressure-into-the-weekend/): Live cattle futures closed Friday with losses of 57 cents to $1.40, as February was $2.40 higher over the week. Cash trade was stronger this week, as most of the country was $230. Feeder cattle futures closed the week with $3.35 to $4.30 losses on Friday, as January was a nickel higher on the week. The … - [Wheat Closes with Friday Losses](https://todaymarkets.ae/wheat-closes-with-friday-losses/): The wheat complex closed Friday with losses. Chicago SRW futures were down 4 to 5 cents in most contracts, as March was down 6 ½ cents on the week. KC HRW futures were 4 to 5 cents on Friday, with March losing 13 ¼ cents since last Friday. MPLS spring wheat was fractionally lower to … - [Soybeans Continue Selling the Fact on Friday with Chinese Buying](https://todaymarkets.ae/soybeans-continue-selling-the-fact-on-friday-with-chinese-buying/): Soybeans fell lower into the weekend, with contracts 15 to 17 cents lower on Friday. Weekly losses were 28 cents in the January contract. The cmdtyView national average Cash Bean price was 17 cents lower at $10.06 1/2. Soymeal futures were 40 cents to $1.80 higher in the front months and lower in the deferreds, with January closing the … - [Corn Falls to Close the Week](https://todaymarkets.ae/corn-falls-to-close-the-week/): Corn futures closed the Friday session with contracts down 4 to 6 cents across most nearbys, as December expired. March settled the week with a 4 cent loss. The CmdtyView national average Cash Corn price was down 5 1/2 cents at $3.96 3/4.  USDA reported private export sales of 250,000 MT of corn during the reporting period … - [Coffee Prices Retreat on the Outlook for Ample Supplies](https://todaymarkets.ae/coffee-prices-retreat-on-the-outlook-for-ample-supplies/): March arabica coffee (KCH26) on Friday closed down -6.90 (-1.83%), and January ICE robusta coffee (RMF26) closed down -84 (-2.00%). Coffee prices fell sharply on Friday, with robusta posting a 2.5-month low.  The outlook for ample coffee supplies is weighing on prices.  Last Thursday, Conab, Brazil’s crop forecasting agency, raised its total Brazil 2025 coffee … - [Cocoa Prices Settle Mixed on Currency Fluctuations](https://todaymarkets.ae/cocoa-prices-settle-mixed-on-currency-fluctuations/): March ICE NY cocoa (CCH26) on Friday closed down -9 (-0.14%), and March ICE London cocoa #7 (CAH26) closed up +58 (+1.29%). Cocoa prices settled mixed on Friday, consolidating this week’s gains.  NY cocoa was under pressure Friday due to a stronger dollar (DXY00), while London cocoa moved higher amid weakness in the British pound … - [Sugar Prices Climb as the Brazilian Real Strengthens](https://todaymarkets.ae/sugar-prices-climb-as-the-brazilian-real-strengthens/): March NY world sugar #11 (SBH26) on Friday closed up +0.25 (+1.68%), and March London ICE white sugar #5 (SWH26) closed up +5.20 (+1.23%). Sugar prices settled sharply higher on Friday, with NY sugar posting a 2-week high and London sugar posting a 1-week high.  Friday’s rally in the Brazilian real (^USDBRL) to a 1-week … - [Cotton Closes the Week with Weakness](https://todaymarkets.ae/cotton-closes-the-week-with-weakness/): Cotton futures closed the Friday session with contracts down 10 to 15 points across most front months, as March was down 10 points on the week. Crude oil futures were down 9 cents per barrel at $57.51, with the US dollar index $0.061 to $98.405. A delayed CFTC report showed a total of 2,086 contracts … - [](https://todaymarkets.ae/13237-2/): Facts: Trade: Long Position (BUY) on PLATINUM at market price. PLATINUM (D1) Source: xStation5Opinion: The price of platinum is currently at its historical highs, but further growth is justified. Technically, the metal has maintained a strong and stable upward trend since mid-2022. Demand is supported by EMA and MACD averages, with only RSI remaining elevated. … - [DAX Gains 0.5%, Lufthansa Surges Almost 5% Amid Kepler Recommendation](https://todaymarkets.ae/dax-gains-0-5-lufthansa-surges-almost-5-amid-kepler-recommendation/): DE40 Index (D1 timeframe) DAX futures are maintaining upward momentum on the last trading session of the week. The main challenge for the bulls today is to push above 24,500 points, which could potentially open the path to new record highs. Source: xStation5 Source: Bloomberg Finance LP Lufthansa shares gain after Kepler Cheuvreux report Lufthansa … - [U.K GDP Disappoints](https://todaymarkets.ae/u-k-gdp-disappoints/): UK GDP negative surprise, as Oracle sinks As we end the week a few themes have emerged that could drive market sentiment as we move through to the end of the year. The UK’s economy is in an even worse position than first thought, the Fed could be done with easing at the same time … - [Trade of The Day - Silver](https://todaymarkets.ae/trade-of-the-day-silver-2/): Silver extended its historic rally this week, reaching a new all-time high near 64.20 dollars per ounce, supported by exceptional strength in both industrial and investment demand. The metal is now in its fifth consecutive year of a structural supply deficit, according to the World Silver Survey 2025. This remains one of the strongest long-term bullish factors for … - [USB at its highest since 2008 as government eases planned capital requirements for the bank](https://todaymarkets.ae/usb-at-its-highest-since-2008-as-government-eases-planned-capital-requirements-for-the-bank/): UBS (UBSG.CH) shares rose sharply after Swiss lawmakers proposed easing planned stringent capital requirements. A key element of the proposal is allowing the bank to use AT1 (Additional Tier 1) bonds instead of issuing new equity (shares) to meet the new safety standards. The government’s earlier plan, pushed by Finance Minister Karin Keller-Sutter, would have required UBS … - [GBP/USD - LSEG Recommendation](https://todaymarkets.ae/gbp-usd-lseg-recommendation/): London Stock Exchange Group | Thomson Reuters LSEG recommends a short position on the pair with the following levels: Entry (market): 1.3385Take Profit: 1.3190Stop Loss: 1.3445     LSEG recommends a short position on GBPUSD with an entry at 1.3385, a target at 1.3190, and a stop loss at 1.3445. Source: xStation5       The material … - [Broadcom Shares Drop 5% Despite Robust Earnings And AI Demand](https://todaymarkets.ae/broadcom-shares-drop-5-despite-robust-earnings-and-ai-demand/): Broadcom (AVGO.US) delivered another exceptionally strong quarter, comfortably outperforming Wall Street expectations and reinforcing its position as the second major beneficiary of the global AI semiconductor boom after Nvidia. Revenue and EPS came in ahead of estimates, but the real story lies in the company’s forward guidance and the accelerating trajectory of AI-related demand. The company … - [U.K. GDP And Manufacturing Lower Than Expected](https://todaymarkets.ae/u-k-gdp-and-manufacturing-lower-than-expected/): UK GDP Estimate 3M/3M: -0.1% (Forecast 0%, Previous 0.1%) German HICP Final YoY: 2.6% vs 2.6% exp. and 2.6% previously (0.5% monthly vs 0.5% exp. and 0.5% previously) EURGBP ticked slightly higher after lower than expected UK GDP reading. Source: xStation5 The material on this page does not constitute financial advice and does not take into … - [EUR holds near highs ahead of ECB decision – OCBC](https://todaymarkets.ae/eur-holds-near-highs-ahead-of-ecb-decision-ocbc/): Euro (EUR) consolidated near recent highs. Focus today on European Central Bank (ECB) decision. Policy rate is widely anticipated to be on hold but attention is on staff projection. Recent comments from ECB officials were somewhat more upbeat about economy – from growth to labor market. EUR was last seen at 1.1734 levels, OCBC’s FX … - [GBP: BoE set to cut as Sterling positioning stretches – ING](https://todaymarkets.ae/gbp-boe-set-to-cut-as-sterling-positioning-stretches-ing/): The Bank of England is widely expected to cut rates by 25bp today, with rising odds of a dovish vote split after weaker November inflation data. This points to near-term downside risks for sterling, ING’s FX analyst Chris Turner notes. Dovish vote split risks short-term GBP dip “The Bank of England announces the policy rate at 1300CET today. A … - [US Inflation Rate Seen Edging Up to 3.1%](https://todaymarkets.ae/us-inflation-rate-seen-edging-up-to-3-1/): The annual inflation in the US is expected to have risen to 3.1% in November 2025, which would mark the highest level since May 2024, up from 3.0% in September. Core inflation is forecast at 3.0%, unchanged from the September reading. The November CPI report was delayed by nearly a week, while the October report … - [BoE to Resume Rate Cuts](https://todaymarkets.ae/boe-to-resume-rate-cuts/): The Bank of England is widely expected to cut the Bank Rate by 25bps to 3.75% at its December 2025 meeting, marking the first reduction since August after holding rates steady in September and November. Such a move would lower borrowing costs to their weakest level since 2022, amid easing inflation and mounting signs of … - [France Industry Confidence Highest in Over 1½ Years](https://todaymarkets.ae/france-industry-confidence-highest-in-over-1%c2%bd-years/): France’s manufacturing business climate indicator rose to 102 in December 2025 from 98 in November, moving back above its long-term average of 100 and marking the highest level since March 2024. Sentiment improved notably, with past production turning positive (8 vs -10 in November), personal production prospects remaining above average despite easing to 11 from … - [ECB to Hold Rates for 4th Meeting](https://todaymarkets.ae/ecb-to-hold-rates-for-4th-meeting/): The ECB is widely expected to leave borrowing costs unchanged for a fourth consecutive meeting in December 2025, with the main refinancing rate remaining at 2.15% and the deposit facility rate holding at 2.0%. ECB President Christine Lagarde has recently noted that monetary policy is in a “good place”. Recent data showed the Euro Area … - [Economic Calendar - U.S. CPI Inflation and Central Bank Decisions From the BOE and ECB](https://todaymarkets.ae/economic-calendar-u-s-cpi-inflation-and-central-bank-decisions-from-the-boe-and-ecb/): Today’s macroeconomic calendar is exceptionally busy. In the first part of the day, market attention will focus on the interest-rate decisions from the Bank of England (BOE) and the European Central Bank (ECB). Later, attention will shift across the Atlantic, where we will get the U.S. CPI inflation report for November. Detailed calendar for the … - [Iron Ore Gains on Demand Prospects](https://todaymarkets.ae/iron-ore-gains-on-demand-prospects/): Iron ore futures climbed above CNY 770 per ton, reaching a two-week high as improving profitability among steelmakers and expectations of restocking in top consumer China supported prices. Lower input costs, including coal and coke, are expected to lift steel margins, potentially prompting some mills to increase production. Chinese steelmakers are also likely to begin … - [Coal Pressured by Weak Demand Forecast](https://todaymarkets.ae/coal-pressured-by-weak-demand-forecast/): Coal prices held below $110 per ton, hovering near multi week lows after the International Energy Agency projected that global coal demand will weaken toward the end of the decade amid intensifying competition from alternative power sources. In its 2025 annual coal report, the IEA said global coal demand in 2025 is likely to rise … - [Australian Shares Finish Flat](https://todaymarkets.ae/australian-shares-finish-flat/): The S&P/ASX 200 ended nearly flat at 8,588 on Thursday, halting its three-session decline, as strength in heavyweight miners outweighed losses in energy firms. The mining sector tracked iron ore prices higher, posting a modest 0.2% gain. The sector, which tends to benefit from a stronger Australian dollar, could see further upside next year as … - [China Youth Jobless Rate Hits 5-Month Low](https://todaymarkets.ae/china-youth-jobless-rate-hits-5-month-low/): China’s urban youth unemployment rate for 16- to 24-year-olds, excluding students, dropped to 16.9% in November 2025 from 17.3% in the previous month, marking the lowest level since June, according to data from the National Bureau of Statistics released Thursday. The improvement suggests tentative stabilization in the labor market amid gradual economic recovery, supported by … - [US 10-Year Yield Muted Ahead of CPI Report](https://todaymarkets.ae/us-10-year-yield-muted-ahead-of-cpi-report/): The yield on the US 10-year Treasury note remained subdued around 4.14% on Thursday, holding declines from earlier in the week as investors positioned ahead of the highly anticipated November CPI report, which is expected to show that price pressures remain above the Federal Reserve’s target. Mixed labor market data for November, released earlier in … - [Japan 10-Year Yield Hits Fresh 18-Year High](https://todaymarkets.ae/japan-10-year-yield-hits-fresh-18-year-high-2/): Japan’s 10-year government bond yield rose above 1.97% on Thursday, reaching its highest level since 2007 as concerns over the country’s deteriorating fiscal outlook, fueled by Prime Minister Sanae Takaichi’s spending plans, continued to push domestic yields higher. Takaichi stated on Wednesday that Japan must pursue proactive fiscal measures to support growth and increase tax … - [Palm Oil Rises for Second Session to Above MYR 4,000](https://todaymarkets.ae/palm-oil-rises-for-second-session-to-above-myr-4000/): Malaysian palm oil futures climbed around 1% to slightly above MYR 4,000 per tonne on Thursday, up for a second straight session as bargain hunting continued after prices slid to a 5-1/2-month low earlier in the week. Sentiment was also lifted by a weaker ringgit and firmer Chicago soyoil, which improved palm oil’s relative competitiveness. … - [Platinum Hits Over 17-Year High](https://todaymarkets.ae/platinum-hits-over-17-year-high/): Platinum surged above $1,950 per ounce, extending a record rally to its highest levels since 2008 as investors continued to pile into precious metals amid the roaring debasement trade. The latest US labor market data also pointed to rising unemployment, fueling market uncertainty and supporting bets for further Federal Reserve interest rate cuts. Additionally, comments … - [Dutch Jobless Rate Holds at 4%, Highest Since 2021](https://todaymarkets.ae/dutch-jobless-rate-holds-at-4-highest-since-2021/): The Netherlands’ seasonally adjusted unemployment rate stood at 4% in November 2025, unchanged from the previous two months and still the highest reading since September 2021. The number of unemployed individuals declined by 3 thousand to 408 thousand, down from October’s over four-year high of 411 thousand. Meanwhile, employment fell by 9 thousand to 9.846 … - [Australian Dollar dips as US Dollar strengthens on rate outlook](https://todaymarkets.ae/australian-dollar-dips-as-us-dollar-strengthens-on-rate-outlook/): The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Thursday for the sixth successive day. The AUD/USD pair may gain ground as the Aussie Dollar could receive support from investors’ caution following the release of Australia’s Consumer Inflation Expectations, which rose to 4.7% in December from November’s three-month low of 4.5%, supporting the Reserve … - [USD/CHF consolidates around 0.7950 as investors await US inflation data](https://todaymarkets.ae/usd-chf-consolidates-around-0-7950-as-investors-await-us-inflation-data/): The USD/CHF pair trades in a tight range around 0.7950 during the late Asian trading session on Thursday. The Swiss Franc pair wobbles as investors await the United States (US) inflation data for November, which will be published at 13:30 GMT. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six … - [US Dollar Index (DXY) flat lines below mid-98.00s as traders await US inflation data](https://todaymarkets.ae/us-dollar-index-dxy-flat-lines-below-mid-98-00s-as-traders-await-us-inflation-data/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to build on the previous day’s modest recovery gains and oscillates in a narrow band during the Asian session on Thursday. The index is currently placed just below mid-98.00s, nearly unchanged for the day, as traders opt to wait for … - [USD/CAD holds near 1.3800 amid market caution ahead of US CPI data](https://todaymarkets.ae/usd-cad-holds-near-1-3800-amid-market-caution-ahead-of-us-cpi-data/): USD/CAD holds position after registering modest gains in the previous session, trading around 1.3790 during the Asian hours on Thursday. The US Dollar (USD) holds ground from market caution ahead of the release of the delayed US Consumer Price Index (CPI) report due later in the day, which is expected to provide further insight into how … - [XAG/USD moves away from all-time peak, slides below $66.00 mark](https://todaymarkets.ae/xag-usd-moves-away-from-all-time-peak-slides-below-66-00-mark/): Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and currently trades around the $65.75-$65.70 region, down over 1% for the day. The white metal, however, remains well within striking distance of the all-time peak touched the previous day, and the broader technical setup still seems tilted firmly in favor of bullish traders. The … - [EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias](https://todaymarkets.ae/eur-usd-price-forecast-could-test-1-1750-amid-strengthening-bullish-bias/): EUR/USD remains flat after two days of small losses, trading around 1.1740 during the Asian hours on Thursday. On the daily chart, technical analysis indicates a strengthening of a bullish bias, as the pair continues to trade within an ascending channel pattern. The EUR/USD pair holds above the rising nine- and 50-day Exponential Moving Averages (EMAs), … - [US CPI data set to show inflation remained well above Fed target in November](https://todaymarkets.ae/us-cpi-data-set-to-show-inflation-remained-well-above-fed-target-in-november/): The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for November on Thursday at 13:30 GMT. The inflation report will not include CPI figures for October and will not offer monthly CPI prints for November due to a lack of data collection during the government shutdown. … - [Gold loses momentum as traders book profits, US CPI data in focus](https://todaymarkets.ae/gold-loses-momentum-as-traders-book-profits-us-cpi-data-in-focus/): Gold price (XAU/USD) edges lower below $4,350 during the early European trading hours on Thursday. The precious metal retreats from seven-week highs amid some profit-taking and a rebound in the US Dollar (USD). The potential downside for the yellow metal might be limited after the recent US jobs data reinforced market expectations of further interest rate … - [AUD/JPY Price Forecast: Edges lower below 103.00, but stays supported above 100-day EMA](https://todaymarkets.ae/aud-jpy-price-forecast-edges-lower-below-103-00-but-stays-supported-above-100-day-ema/): The AUD/JPY cross declines to around 102.70 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid firming expectations for an imminent rate hike by the Bank of Japan (BoJ) this week. The BoJ is expected to raise interest rates to 0.75% from 0.5% at a two-day policy meeting ending on Friday. … - [EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook](https://todaymarkets.ae/eur-jpy-hovers-near-183-00-amid-concerns-over-japans-deteriorating-fiscal-outlook/): EUR/JPY holds ground after registering 0.51% gains in the previous session, trading around 182.90 during the Asian hours on Thursday. The currency cross holds steady as the Japanese Yen (JPY) remains under pressure amid worries about Japan’s weakening fiscal outlook. Japanese Prime Minister Sanae Takaichi on Wednesday underlined the need for proactive fiscal policy to strengthen … - [Japanese Yen remains confined in a range as traders await BoJ rate decision on Friday](https://todaymarkets.ae/japanese-yen-remains-confined-in-a-range-as-traders-await-boj-rate-decision-on-friday/): The Japanese Yen (JPY) extends its sideways consolidative price move through the Asian session on Thursday as traders opt to move to the sidelines ahead of the key central bank event risk. The Bank of Japan (BoJ) is scheduled to announce its decision at the end of a two-day policy meeting on Friday and is … - [USD/INR opens flat on hopes of RBI’s follow-through intervention](https://todaymarkets.ae/usd-inr-opens-flat-on-hopes-of-rbis-follow-through-intervention/): The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Thursday, with the USD/INR pair wobbling around 90.80. Investors anticipated a flat opening amid expectations that the Reserve Bank of India (RBI) could intervene again to support the Indian Rupee. There is a “high probability” that the central bank may step in … - [Cattle Closes Lower](https://todaymarkets.ae/cattle-closes-lower/): Live cattle futures saw losses of 85 cents to $1.15 on Wednesday. There were another 20 deliveries tendered on Wednesday. Cash trade has been slow this week, with a few early sales at $229. The Wednesday Fed Cattle Exchange online auction showed no sales on the 1,708 head listed and bids of $227 live and $347.50-354 … - [Nat-Gas Prices Rebound as US Weather Forecasts Cool](https://todaymarkets.ae/nat-gas-prices-rebound-as-us-weather-forecasts-cool/): January Nymex natural gas (NGF26) on Wednesday closed up by +0.138 (+3.55%). Jan nat-gas prices rallied sharply on Wednesday after cooler US weather forecasts sparked short covering in nat-gas futures.  Forecaster Atmospheric G2 said Wednesday that forecasts shifted colder in the East and not as warm in the southern states for December 27-31, potentially boosting … - [Crude Prices Rise as Global Geopolitical Risks Escalate](https://todaymarkets.ae/crude-prices-rise-as-global-geopolitical-risks-escalate/): January WTI crude oil (CLF26) on Wednesday closed up +0.67 (+1.21%), and January RBOB gasoline (RBF26) closed up +0.0134 (+0.80%). Crude oil and gasoline prices rose on Wednesday amid heightened geopolitical risks in Venezuela and Russia.  President Trump ordered a blockade of sanctioned tankers off Venezuela, and the US is preparing new sanctions on Russian … - [Wheat Mixed as China Cancels Some Business](https://todaymarkets.ae/wheat-mixed-as-china-cancels-some-business/): The wheat complex posted mixed action on Wednesday, with HRW holding higher. Chicago SRW futures were down 2 to 3 ¼ cents on the day. KC HRW futures were up 2 to 3 cents at the close. MPLS spring wheat was down 3 cents in the nearby contracts on Wednesday. USDA reported private export sale … - [Soybeans Close with Weakness](https://todaymarkets.ae/soybeans-close-with-weakness-2/): Soybeans posted Wednesday losses of 3 to 4 ½ cents at the close. The cmdtyView national average Cash Bean price was 5 cents lower at $9.87 1/4. Soymeal futures were $4.10 to $5.20 lower, with Soy Oil futures steady to 16 points higher. USDA reported a couple private export sales of 198,000 MT of soybean to China and 125,000 MT to … - [Corn Closes Higher with Record Ethanol Production](https://todaymarkets.ae/corn-closes-higher-with-record-ethanol-production/): Corn futures posted gains of 2 to 4 ½ cents on Wednesday. Demand continues to be solid, with record ethanol and exports. The CmdtyView national average Cash Corn price as up 4 cents to $3.96 3/4.  USDA reported a private export sale of 177,055 MT of corn to Mexico this morning. EIA data from this morning showed … - [Coffee Prices Sink on Favorable Brazil Weather and Brazilian Real Weakness](https://todaymarkets.ae/coffee-prices-sink-on-favorable-brazil-weather-and-brazilian-real-weakness/): March arabica coffee (KCH26) on Wednesday closed down -4.70 (-1.33%), and January ICE robusta coffee (RMF26) closed down -136 (-3.460%). Coffee prices extended their two-week-long plunge on Wednesday, with arabica tumbling to a 2-month low and robusta sinking to a 4-month low.  Ample rains in Brazil have eased concerns over coffee crop development and hammered … - [Beneficial Weather in West Africa Weighs on Cocoa Prices](https://todaymarkets.ae/beneficial-weather-in-west-africa-weighs-on-cocoa-prices/): March ICE NY cocoa (CCH26) on Wednesday closed down -20 (-0.33%), and March ICE London cocoa #7 (CAH26) closed down -11 (-0.25%). Cocoa prices gave up early gains and settled lower on Wednesday as favorable weather in West Africa is expected to boost yields and supply, which is bearish for prices.  Cocoa farmers in the … - [Sugar Prices Pressured by a Weak Brazilian Real](https://todaymarkets.ae/sugar-prices-pressured-by-a-weak-brazilian-real/): March NY world sugar #11 (SBH26) on Wednesday closed down -0.06 (-0.40%), and March London ICE white sugar #5 (SWH26) closed down -0.70 (-0.17%). Sugar prices settled lower on Wednesday amid weakness in the Brazilian real.  The real (^USDBRL) tumbled to a 4.25-month low against the dollar on Wednesday, encouraging export sales from Brazil’s sugar … - [Cotton Gets a Bounce](https://todaymarkets.ae/cotton-gets-a-bounce/): Cotton futures closed the Wednesday session with contracts up 20 to 33 points on the day. Crude oil futures were $1.63 per barrel higher at $56.90. The US dollar index was $0.201 higher to $97.995.  Spec traders in cotton futures and options were trimming their net short position during the week ending on December 2 … - [Oil Spike Boosts The FTSE While CPI Cements Rate Cut Expectations For BOE](https://todaymarkets.ae/oil-spike-boosts-the-ftse-while-cpi-cements-rate-cut-expectations-for-boe/): The big story this morning is not only the moderation in UK inflation, but also the oil price. After dipping to a 5-year low on Tuesday on the back of concerns about a supply glut, President Trump sent the oil price higher on Wednesday, and Brent and WTI are both higher by more than 2% … - [Technicals - DAX40](https://todaymarkets.ae/technicals-dax40/): The European session is proceeding in a calm mood, with a predominance of moderate optimism. Most indices remain around the opening levels, but with slight increases. The growth leader is FTSE1000, whose contracts are rising by over 1.4% on the wave of new expectations regarding the interest rate path. ITA40 and NED25 contracts are up … - [Chart of The Day - GBP/USD](https://todaymarkets.ae/chart-of-the-day-gbp-usd/): The British pound is today the weakest G10 currency, after a significantly weaker-than-expected inflation report opened the door wide for the first Bank of England rate cut since August. The broad month-on-month price decline marks an end to the persistent inflation stickiness seen in the UK in recent months. GBPUSD slipped to the 100-day exponential moving … - [Oil Rallies 2% on Supply Uncertainty](https://todaymarkets.ae/oil-rallies-2-on-supply-uncertainty/): Trump’s Venezuela blockade and Russian sanction threats jolt markets The Venezuelan gambit: Naval blockade or political posturing? Oil prices found a floor on Tuesday after U.S. President-elect Donald Trump announced a “total blockade of all sanctioned tankers” transporting Venezuelan crude. The move, disclosed via Truth Social on December 16, aims to sever the financial lifeline … - [Copper Stabilizes on Robust Demand](https://todaymarkets.ae/copper-stabilizes-on-robust-demand/): Copper futures steadied around $5.35 per pound, remaining near multi-month highs as strong demand from China and the US, the world’s two largest economies, continued to support prices. Analysts cited solid growth in key Chinese sectors, including electric vehicles and energy infrastructure, while an artificial intelligence-driven investment boom in the US further boosted copper consumption. … - [Palm Oil Slides for 4th Session, Hits 5-1/2-Month Low](https://todaymarkets.ae/palm-oil-slides-for-4th-session-hits-5-1-2-month-low/): Malaysian palm oil futures fell for a fourth straight session on Wednesday, hovering below MYR 3,960 per tonne to a 5-1/2-month low, amid weaker rival edible oils on the Dalian exchange. Sentiment was further dampened by lower export prospects, with cargo surveyors estimating shipments for December 1–15 dipped 15.9–16.4% from a month earlier. On the … - [Gold Tests Record Highs](https://todaymarkets.ae/gold-tests-record-highs/): Gold rose above $4,320 per ounce on Wednesday, testing levels near all-time highs last seen in October, as investors continued to see scope for additional easing by the Federal Reserve next year. The US labor market showed further signs of cooling, with the unemployment rate unexpectedly rising to 4.6% in November, the highest since 2021, … - [Dollar on Defensive After Mixed Jobs Report](https://todaymarkets.ae/dollar-on-defensive-after-mixed-jobs-report/): The dollar index steadied above 98 on Wednesday, but stayed close to its lowest levels in more than two months, as mixed labor market data did little to shift expectations for Federal Reserve policy. The delayed jobs report showed payrolls increased more than forecast in November, but October figures were revised sharply lower and the … - [Korean Shares Rise on Tech Rebound](https://todaymarkets.ae/korean-shares-rise-on-tech-rebound/): The benchmark KOSPI rose 0.65% to around 4.025 on Wednesday, rebounding after two consecutive sessions of losses as investor sentiment was lifted by gains in technology shares. Trading in Seoul showed mixed movements among large-cap stocks. Samsung Electronics (0.88%), SK Hynix (0.28%), Hyundai Motor (0.17%), and Hanwha Aerospace (0.11%) posted gains, while Samsung Biologics (-1.84%), … - [India Passenger Car Sales Jump 18.1% in November](https://todaymarkets.ae/india-passenger-car-sales-jump-18-1-in-november/): Total passenger vehicle sales in India soared 18.1% year-on-year to 354,969 units in November 2025, after a 15.8% rise in the previous month, according to data from the Society of Indian Automobile Manufacturers (SIAM). The figures exclude sales from BMW, Mercedes-Benz, Jaguar Land Rover (JLR), and Volvo. The rebound was supported by festive demand and … - [Hong Kong Shares Recover from Two-Day Selloff](https://todaymarkets.ae/hong-kong-shares-recover-from-two-day-selloff/): Equities in Hong Kong rose 104 points, or 0.4%, to 25,341 in early trade on Wednesday, rebounding from steep losses in the prior two sessions. Bargain hunting emerged after markets slid to a near four-week low the day before, lifting most sectors, particularly consumer and tech names. Meanwhile, mainland markets stabilized after closing sharply lower … - [China Stocks Rise on Tech Boost](https://todaymarkets.ae/china-stocks-rise-on-tech-boost/): The Shanghai Composite rose 0.1% to around 3,830 while the Shenzhen Component gained 0.7% to 13,000 on Wednesday, with mainland shares snapping a two-day decline amid a rebound in technology stocks. Notable performers included Eoptolink Technology (+3.8%), Zhongji Innolight (+2.3%), Shenzhen Envicool (+8.8%), Suzhou TFC Optical (+6.3%), and Victory Giant (+1.5%). Chinese chipmaker MetaX Integrated … - [Japan 10-Year Yield Steady Amid Strong Data](https://todaymarkets.ae/japan-10-year-yield-steady-amid-strong-data/): Japan’s 10-year government bond yield held around 1.96% on Wednesday, remaining near 18-year highs as robust economic data reinforced expectations for a Bank of Japan interest rate hike this week. Exports rose 6.1% in November, surpassing forecasts of 4.8% and marking the fastest growth in nine months. Core machinery orders, a leading indicator of capital … - [China Creates 12.1 Million Urban Jobs in First 11 Months](https://todaymarkets.ae/china-creates-12-1-million-urban-jobs-in-first-11-months/): China created 12.1 million urban jobs in the first 11 months of 2025, meeting its full-year target of over 12 million a month ahead of schedule, the Ministry of Human Resources and Social Security data showed on Tuesday. During the period, the average surveyed urban unemployment rate was 5.2%, better than the annual target of … - [Silver Rallies to Fresh Record High](https://todaymarkets.ae/silver-rallies-to-fresh-record-high/): Silver climbed toward $66 per ounce on Wednesday, reaching new all-time highs as a mixed US jobs report prompted investors to seek alternative assets offering higher returns to manage risk. The November US labor data showed the unemployment rate rose to 4.6%, the highest since 2021, although payrolls increased more than expected. Markets are pricing … - [Offshore Yuan Retreats on Weak Fixing](https://todaymarkets.ae/offshore-yuan-retreats-on-weak-fixing-3/): The offshore yuan slipped to around 7.04 per dollar on Wednesday, retreating from a fourteen-month high reached in the previous session, dragged down by a weaker-than-expected official fixing. The People’s Bank of China set the yuan’s midpoint rate at 7.0573 per dollar, its firmest level since October 2024 but 187 pips weaker than Reuters’ estimate. … - [Indian Shares Slip for Third Consecutive Session](https://todaymarkets.ae/indian-shares-slip-for-third-consecutive-session/): The BSE Sensex fell 137 points, or 0.2%, to 84,542 in a volatile morning trading session, down for the third consecutive day, after mixed US jobs data failed to move the needle on the Federal Reserve’s interest rate outlook. Persistent foreign outflows and a depreciation in the rupee also continued to pressure sentiment, along with … - [New Zealand Stocks Slide to 2-Month Low](https://todaymarkets.ae/new-zealand-stocks-slide-to-2-month-low/): New Zealand’s benchmark S&P/NZX 50 index fell 1% to close at 13,296 on Wednesday, marking its lowest level in two months, weighed down by losses among large-cap stocks. The local market followed a weak lead from Wall Street, where two of the three major US indices ended lower after a mixed US jobs report left … - [S&P 500 futures, Fed liquidity, CPI and AI Shift](https://todaymarkets.ae/sp-500-futures-fed-liquidity-cpi-and-ai-shift/) - [Nat-Gas Prices Sink on Above-Normal US Temps](https://todaymarkets.ae/nat-gas-prices-sink-on-above-normal-us-temps/): January Nymex natural gas (NGF26) on Tuesday closed down by -0.126 (-3.14%). Jan nat-gas prices retreated to a 7-week low on Tuesday and settled sharply lower.  Since posting a 3-year high on December 5, nat-gas prices have been in freefall as warmer US weather has curbed heating demand and allowed nat-gas storage to rebuild.  Forecaster … - [Crude Prices Plunge on Demand Concerns Amid Mounting Oil Supplies](https://todaymarkets.ae/crude-prices-plunge-on-demand-concerns-amid-mounting-oil-supplies/): January WTI crude oil (CLF26) on Tuesday closed down -1.55 (-2.73%), and January RBOB gasoline (RBF26) closed down -0.0514 (-2.97%). Crude oil and gasoline prices sold off on Tuesday, falling to 4.75-year nearest-futures lows.  Concerns about global energy demand and expectations for a worldwide oil glut are weighing on crude prices.  Also, Tuesday’s decline in … - [Feeder cattle futures were up $2.50 to $3.40](https://todaymarkets.ae/feeder-cattle-futures-were-up-2-50-to-3-40/): Live cattle futures were 15 to 35 cents higher at the Tuesday settlement. Cash trade has yet to get kicked off this week, as last week was mostly $230. Feeder cattle futures were up $2.50 to $3.40 to close Tuesday. The CME Feeder Cattle Index was up 60 cents to $347.37 on December 12.  USDA Wholesale … - [Soybeans Showing Fractional Gains](https://todaymarkets.ae/soybeans-showing-fractional-gains/): Soybeans are higher to start Tuesday, with fractional gains on Tuesday AM. Futures closed Monday with losses of 4 to 5 cents, as the market continues to sell the fact as the Chinese purchases come through.  Open interest suggested some long liquidation, down 15,485 contracts.  The cmdtyView national average Cash Bean price was 4 ½ cents lower … - [Corn Weighted Down](https://todaymarkets.ae/corn-weighted-down/): Corn futures closed out the Tuesday session with most contracts 2 to 3 ¼ cents lower at the final bell. The CmdtyView national average Cash Corn price was down 3 1/4 cents to $3.92 3/4.  There was some outside pressure, with losses in wheat adding spillover weakness and crude oil dropping $1.61/barrel. EIA data will be released … - [Wheat Falls Lower ](https://todaymarkets.ae/wheat-falls-lower-2/): The wheat complex continued losses into the Tuesday close. Chicago SRW futures were 9 to 11 1/4 cents lower across most contracts. KC HRW futures were 6 to 7 cents in the red at the close. MPLS spring wheat was down 2 to 3 3/4 cents across the front months. Large world supplies among major … - [Coffee Prices Sharply Lower on the Outlook for Ample Supplies](https://todaymarkets.ae/coffee-prices-sharply-lower-on-the-outlook-for-ample-supplies/): March arabica coffee (KCH26) on Tuesday closed down -8.20 (-2.28%), and January ICE robusta coffee (RMF26) closed down -107 (-2.65%). Coffee prices extended their two-week-long slide on Tuesday, with arabica falling to a 3-week low and robusta dropping to a 4-month low.  Ample rains in Brazil have eased concerns over coffee crop development and hammered … - [Cocoa Prices Jump on Signs of a Smaller Global Cocoa Surplus](https://todaymarkets.ae/cocoa-prices-jump-on-signs-of-a-smaller-global-cocoa-surplus/): March ICE NY cocoa (CCH26) on Tuesday closed up +122 (+2.08%), and March ICE London cocoa #7 (CAH26) closed up +128 (+3.02%). Cocoa prices rallied sharply on Tuesday amid signs of a smaller global cocoa surplus.  Short covering emerged in cocoa futures on Tuesday, pushing prices higher, after Citigroup cut its 2025/26 global cocoa surplus … - [Slump in Crude Oil Weighs on Sugar Prices](https://todaymarkets.ae/slump-in-crude-oil-weighs-on-sugar-prices/): March NY world sugar #11 (SBH26) on Tuesday closed down -0.13 (-0.87%), and March London ICE white sugar #5 (SWH26) closed down -3.40 (-0.80%). Sugar prices retreated on Tuesday due to a slump in crude oil prices.  WTI crude (CLF26) sank to a 4.75-year low on Tuesday, which undercuts ethanol prices and may prompt the … - [Cotton Falls Lower](https://todaymarkets.ae/cotton-falls-lower/): Cotton futures fell on Tuesday, down 72 to 84 points across the front months at the close. Pressure came from the synthetic market, with crude oil futures are $1.65 lower per barrel at $55.17. The US dollar index was $0.038 higher to $97.995.  Monday’s online auction from The Seam showed sales of 15,641 bales at … - [Nonfarm Payrolls increase by 64,000 in November vs. 50,000 expected](https://todaymarkets.ae/nonfarm-payrolls-increase-by-64000-in-november-vs-50000-expected/): Nonfarm Payrolls (NFP) in the United States (US) rose by 64,000 in November, the US Bureau of Labor Statistics (BLS) reported on Tuesday. This reading came in better than the market expectation for an increase of 50,000. The report also showed that Nonfarm Payrolls declined by 105,000 in October. The underlying details of the publication … - [Russia’s largest Palladium producer sees platinum deficit this year – Commerzbank](https://todaymarkets.ae/russias-largest-palladium-producer-sees-platinum-deficit-this-year-commerzbank/): Russia’s top Palladium producer expects a notable supply deficit for Platinum in 2025, while Palladium remains mostly balanced, highlighting diverging market views compared with the World Platinum Investment Council’s forecasts, Commerzbank’s commodity analyst Carsten Fritsch notes. Palladium market balanced this year “Russia’s largest Palladium producer yesterday published updated forecasts for the Platinum and Palladium market … - [Platinum hits $1,800, highest since 2011 – Commerzbank](https://todaymarkets.ae/platinum-hits-1800-highest-since-2011-commerzbank/): Platinum and Palladium prices rose sharply this week, driven by record-high Silver and Gold levels and prospects of increased demand from the European automotive sector following indications of a softer 2035 combustion engine ban, Commerzbank’s commodity analyst Carsten Fritsch notes. Palladium climbs to $1,600 amid precious metals rally “The price of Platinum rose yesterday to $1,800 per troy … - [GBP shows strength amid mixed UK data – BBH](https://todaymarkets.ae/gbp-shows-strength-amid-mixed-uk-data-bbh/): The Pound Sterling (GBP) outperformed as UK labor market conditions eased and the December PMI signaled firmer private sector growth, while markets fully priced in an upcoming Bank of England rate cut, BBH FX analysts report. UK unemployment hits highest since Q1 2021 “GBP is outperforming. UK labor market condition continued to ease in October while … - [DXY: US NFP report might shift Fed rate expectations – MUFG](https://todaymarkets.ae/dxy-us-nfp-report-might-shift-fed-rate-expectations-mufg/): Today’s nonfarm payrolls report is set to influence market expectations for the Fed’s January meeting. With New York Fed President Williams expecting slower hiring and heightened downside risks to employment, markets anticipate further rate cuts, likely extending the US Dollar’s (USD) weakening trend unless job growth surprises to the upside, MUFG’s FX analyst Derek Halpenny … - [October U.S. Retail Sales - Strong Core Growth - Overall Flat](https://todaymarkets.ae/october-u-s-retail-sales-strong-core-growth-overall-flat/): Retail Sales Results for October Retail Sales (m/m) Retail Sales Excluding Automobiles (m/m) Retail Sales Excluding Automobiles and Fuel (m/m) Why These Data Are Important Retail sales are a key indicator of economic health and consumer sentiment, as private consumption accounts for a significant portion of GDP. These data influence central bank decisions on interest … - [Commodity Talk - Oil, NATGAS, Cocoa and Soybean](https://todaymarkets.ae/commodity-talk-oil-natgas-cocoa-and-soybean/): Oil Should peace talks regarding Ukraine genuinely move towards a ceasefire or a formal resolution, Brent crude could drop below $58 per barrel, reaching its lowest level since 2021. The next key support levels would then be $55 and $50 per barrel. Source: xStation5 Natural Gas Temperatures in the second half of this month are expected to be significantly higher … - [Trade of The Day - DAX40](https://todaymarkets.ae/trade-of-the-day-dax40-2/): Facts: Trade: Short position (SHORT) on DE40 at market price DE40 (D1) Source: xStation5Opinion: On the index chart, a prolonged and increasing weakness of buyers can be observed. After testing and retreating from the peak twice, the price fell and reached lower peaks and greater declines twice. The gap between local peaks and FIBO 0 … - [JPY: Tankan reinforces case for BoJ rate hike – Commerzbank](https://todaymarkets.ae/jpy-tankan-reinforces-case-for-boj-rate-hike-commerzbank/): The flash estimates for the Japanese purchasing managers’ indices were somewhat weaker this morning than in the previous month. However, at 51.5, the composite PMI remained in expansionary territory. Yesterday’s Tankan survey sent a clearer signal for a key interest rate hike at the end of this week, when the Bank of Japan meets for its … - [USD/CNH breaks lower as downtrend accelerates – Société Générale](https://todaymarkets.ae/usd-cnh-breaks-lower-as-downtrend-accelerates-societe-generale/): USD/CNH has extended its decline after breaking below the lower boundary of a multi-month descending channel, reinforcing the broader bearish trend, Société Générale’s FX analysts note. RMB strength persists despite stretched conditions “USD/CNH has extended its decline after breaking below the lower boundary of a multi-month descending channel. While the downtrend appears stretched, there are still … - [USD: Unusual Tuesday release for US jobs report – Commerzbank](https://todaymarkets.ae/usd-unusual-tuesday-release-for-us-jobs-report-commerzbank/): The US labour market report breaks with tradition by landing on a Tuesday, but expectations are modest, with job growth seen at just 50k and little change in unemployment. Even a sizeable surprise may fail to stir markets, as data collected after the historic government shutdown is widely expected to be distorted, Commerzbank’s FX analyst … - [Oil: Ceasefire hopes push Brent to six-month low – Commerzbank](https://todaymarkets.ae/oil-ceasefire-hopes-push-brent-to-six-month-low-commerzbank/): Renewed optimism over a Russia-Ukraine ceasefire weighed on the Oil market yesterday. ICE Brent settled a little more than 0.9% lower, leaving it at $60.56/bbl — the lowest close since May. President Trump has said that an agreement to end the war in Ukraine is closer than ever, after talks in Berlin. Clearly, territory remains … - [USD/CNH stays heavy despite weak China data – OCBC](https://todaymarkets.ae/usd-cnh-stays-heavy-despite-weak-china-data-ocbc/): USD/CNH remains under pressure even as China’s activity data disappoints, with a fresh multi-month low in the daily fixing reinforcing a gradual RMB appreciation bias. While technicals stay mildly bearish, near-term direction will hinge on whether policymakers slow the pace of lower fixes or allow further downside in spot. Pair was last at 7.0371 levels, … - [Chart of The Day - Bitcoin](https://todaymarkets.ae/chart-of-the-day-bitcoin-3/): Over the past week, Bitcoin has lost more than 7% and has once again approached the lower selloff zone seen at the end of November. The decline coincided with news that the U.S. Senate Banking Committee has delayed work on the long-awaited crypto market-structure bill, pushing all hearings into early 2026. The committee failed to … - [French Services PMI Growth Slows](https://todaymarkets.ae/french-services-pmi-growth-slows/): The HCOB France Services PMI fell to 50.2 in December 2025 from 51.4 in the previous month, flash estimates showed. Still, the PMI remained in expansion territory for the second consecutive month, supported by a modest increase in output amid growth in new and existing business. Backlogs of work also fell at the fastest pace … - [European Stocks Slip, Defense Sector Weighs](https://todaymarkets.ae/european-stocks-slip-defense-sector-weighs/): European equities retreated on Tuesday, with the STOXX 50 down 0.3% and the broader STOXX 600 slipping 0.2%, following gains in the previous session. Defense stocks came under pressure as investors weighed developments in Russia–Ukraine peace negotiations. US President Trump said on Monday that, after “long and very good talks” with European leaders, negotiators were … - [German Manufacturing Contracts Most in 10 Months](https://todaymarkets.ae/german-manufacturing-contracts-most-in-10-months/): The HCOB Germany Manufacturing PMI fell to 47.7 in December 2025 from 48.2 in November, below expectations of 48.5, marking the sharpest downturn in ten months, according to preliminary estimates. Output slipped back into contraction, ending a nine-month run of growth, while new orders declined to its fastest pace since January, driven in part by … - [Euro Wanes as German Manufacturing Plunges Amid Mixed Eurozone PMI Readings](https://todaymarkets.ae/euro-wanes-as-german-manufacturing-plunges-amid-mixed-eurozone-pmi-readings/): The Euro is trading lower following the release of the final preliminary Purchasing Managers’ Index (PMI) data for December, which highlighted fatal weakness in Germany’s manufacturing sector and a mixed activity profile for France. Germany: Preliminary December PMI Readings France: Preliminary December PMI Readings Market Reaction and ECB Implications Despite an initial flicker of optimism sparked by the unexpected … - [EUR/USD holds gains ahead of Eurozone business activity figures](https://todaymarkets.ae/eur-usd-holds-gains-ahead-of-eurozone-business-activity-figures/): EUR/USD remains steady near two-and-a-half-month highs on Tuesday, trading practically flat at 1.1750 at the time of writing, ahead of the release of the preliminary Eurozone Manufacturing and Services Purchasing Managers Indexes (PMIs) for December and the delayed US employment figures. Markets are in a moderate risk-off mood. Most Asian stock markets have posted losses, and the main European equity … - [USD/CHF trades calmly near 0.7960 in countdown to US NFP](https://todaymarkets.ae/usd-chf-trades-calmly-near-0-7960-in-countdown-to-us-nfp/): The USD/CHF pair trades stably around 0.7960 during the early European trading session on Tuesday. The Swiss Franc pair remains calm as investors await the United States (US) Nonfarm Payrolls (NFP) report for October and November, which will be published at 13:30 GMT. Ahead of the US employment data, the US Dollar Index (DXY), which tracks … - [USD/INR rallies further even as India's trade deficit shrinks](https://todaymarkets.ae/usd-inr-rallies-further-even-as-indias-trade-deficit-shrinks/): The Indian Rupee (INR) extends its losing streak for the fourth trading day against the US Dollar (USD) on Tuesday. The USD/INR pair stretches its bull run to near 91.45 as the continuous outflow of foreign funds from the Indian stock market amid trade frictions between the United States (US) and India has remained a major drag on the … - [EUR/GBP trims gains below 0.8800 after UK labor market report](https://todaymarkets.ae/eur-gbp-trims-gains-below-0-8800-after-uk-labor-market-report/): The EUR/GBP cross pares gains near 0.8785 during the early European session on Tuesday. The Pound Sterling (GBP) recovers some lost ground against the Euro (EUR) after the UK employment data. Traders will keep an eye on the preliminary reading of HCOB Purchasing Managers Index (PMI) reports from the Eurozone, France and Germany, which are due later on … - [GBP/JPY rebounds from over one-week low, back above 207.00 after UK jobs data](https://todaymarkets.ae/gbp-jpy-rebounds-from-over-one-week-low-back-above-207-00-after-uk-jobs-data/): The GBB/JPY cross prolongs its recent pullback from the 209.00 neighborhood or the highest level since August 2008, touched last week, and drifts lower for the fourth straight day on Tuesday. Spot prices, however, managed to rebound a few pips from a one-and-a-half-week low following the release of the UK jobs data and traded above … - [U.K. Labour Market Continues to Slow as Risk Sells Off Into NFP](https://todaymarkets.ae/u-k-labour-market-continues-to-slow-as-risk-sells-off-into-nfp/): The UK labour market data for November and October paints a picture of further weakness in the employment market. The Unemployment rate rose to 5.1%, as expected, the highest level since 2021. The Office for National Statistics also said that employment fell by 22,000 in October and by 38,000 in November. This is adding to … - [Australian Shares Fall on Rate Hike Fears](https://todaymarkets.ae/australian-shares-fall-on-rate-hike-fears/): The S&P/ASX 200 fell 0.4% to close at 8,599 on Tuesday, following brief gains earlier in the session as market sentiment turned subdued amid growing fears of a rate hike as soon as February. Commonwealth Bank of Australia and National Australia Bank now anticipate that the Reserve Bank could begin tightening policy earlier than previously … - [Economic Calendar - U.S. Labor Data And Preilminary PMI Reports in Focus](https://todaymarkets.ae/economic-calendar-u-s-labor-data-and-preilminary-pmi-reports-in-focus/): Today’s macroeconomic calendar is quite busy. In the first part of the day, we will get a set of preliminary December PMI reports from Europe. Due to the holiday period, the survey window was shortened, and the data will be released earlier than usual. Next, market attention will shift across the Atlantic to the U.S., … - [NFP preview: Complex data release to determine what Fed does next](https://todaymarkets.ae/nfp-preview-complex-data-release-to-determine-what-fed-does-next/): The long wait is over, and the Bureau of Labor Statistics in the US will release nonfarm payrolls reports for both November and October at 1330 GMT on Tuesday. The overall NFP figure for October is expected to be -10k, however, it is expected to be influenced by a massive 130k drop in federal department … - [Offshore Yuan Hits Fresh 14-Month Peak](https://todaymarkets.ae/offshore-yuan-hits-fresh-14-month-peak/): The offshore yuan strengthened to around 7.04 per dollar, reaching a fresh fourteen-month high amid growing calls for a stronger currency to support economic rebalancing. The move comes as a rare public debate gains traction in China, with economists and former policymakers arguing the yuan remains too weak relative to fundamentals and that modest appreciation … - [Australia 10Y Bond Yield Rises](https://todaymarkets.ae/australia-10y-bond-yield-rises/): Australia’s 10-year government bond yield rose to around 4.73%, hovering near a more than two-year high, supported by hawkish signals from the Reserve Bank. The central bank kept its cash rate unchanged last week and indicated that its brief easing cycle has ended, while flagging the potential for a return to interest-rate hikes in 2026 … - [Copper Falls on Risk-Off Sentiment](https://todaymarkets.ae/copper-falls-on-risk-off-sentiment/): Copper futures dropped below $5.3 per pound on Tuesday, retreating from four-month highs as risk-off sentiment swept through financial markets, with commodities, equities, and cryptocurrencies all experiencing losses. Investors also cautiously awaited the delayed US jobs report, which could influence the Federal Reserve’s policy outlook for next year. Additionally, slowing economic activity and the lack … - [India Manufacturing Posts Slowest Growth in 2 Years](https://todaymarkets.ae/india-manufacturing-posts-slowest-growth-in-2-years/): The HSBC India Manufacturing PMI eased to 55.7 in December 2025 from 56.6 in November, marking the weakest improvement in manufacturing conditions since December 2023, according to preliminary estimates. The reading indicates that 50% US tariffs continue to weigh on labor-intensive sectors. Factory output rose sharply but slowed to a ten-month low, alongside softer growth … - [NZ Shares Close Slightly Higher](https://todaymarkets.ae/nz-shares-close-slightly-higher/): New Zealand’s benchmark S&P/NZX 50 index edged up 0.1% to close at 13,425 on Tuesday, extending a rangebound session ahead of a busy week. Traders are awaiting a series of data releases, including Q3 GDP on Thursday, which is expected to show a rebound. Meanwhile, New Zealand’s annual food inflation eased to 4.4% in November, … - [Iron Ore Rises on Restocking Prospects](https://todaymarkets.ae/iron-ore-rises-on-restocking-prospects/): Iron ore futures climbed above CNY 760 per ton, rebounding from five-month lows on expectations that Chinese steel mills will begin restocking to sustain production levels ahead of the Lunar New Year holiday in February. Steelmakers typically secure cargoes in advance to cover output needs during the holiday period, when logistics activity slows. Meanwhile, iron … - [Australia 10Y Yield Hovers Near 2-Year High](https://todaymarkets.ae/australia-10y-yield-hovers-near-2-year-high/): Australia’s 10-year government bond yield traded around 4.77%, near its highest level in over two years, as investors increasingly priced in the risk of renewed policy tightening. The RBA meeting minutes showed policymakers were less confident that monetary policy remains sufficiently restrictive, amid growing concern that inflation pressures could prove more persistent than previously expected. … - [Silver Hits New Peak](https://todaymarkets.ae/silver-hits-new-peak/): Silver climbed to a fresh all-time high of $69.5 per ounce on Tuesday, surpassing previous records as escalating geopolitical tensions continued to bolster price strength. Heightened uncertainty stemming from US enforcement actions against Venezuelan tankers and PDVSA’s ongoing struggles following a cyberattack reinforced silver’s role as a safe-haven asset. The metal is on track for … - [Japan 10-Year Yield Retreats](https://todaymarkets.ae/japan-10-year-yield-retreats/): Japan’s 10-year government bond yield slipped to around 2% on Tuesday, retreating from two consecutive session of record peaks, mainly attributed to possible dip-buying interest. A senior Japan rates strategist said that buying at current levels could offer higher returns than the interest earned on Bank of Japan current account deposits, as long as yields … - [South Korean Shares Rise on Wall Street Tech Rally](https://todaymarkets.ae/south-korean-shares-rise-on-wall-street-tech-rally/): The benchmark KOSPI rose 0.5% to around 4,125 on Tuesday, extending gains from the previous session, following Wall Street’s rally and strength across key sectors. Samsung Electronics and SK hynix advanced 1.5% and 1.2% respectively, tracking US tech gains and supporting expectations of a year-end AI-driven rally. Semiconductor sentiment was further lifted by reports that … - [Hong Kong Stocks Rise for Fifth Straight Session](https://todaymarkets.ae/hong-kong-stocks-rise-for-fifth-straight-session/): The Hang Seng climbed 107 points, or 0.4%, to 25,909 in Tuesday morning deals, lingering at its highest level in over one week and extending gains for a fifth straight session. The move tracked a rise in US futures as tech sectors continued to recover from a volatile streak, with renewed optimism around AI-related shares … - [Gold Scales New All-Time Peak](https://todaymarkets.ae/gold-scales-new-all-time-peak/): Gold prices climbed to a fresh record above $4,480 per ounce on Tuesday, marking the 50th record-breaking session this year, driven by expectations of looser US monetary policy and mounting geopolitical tensions. Markets are currently pricing in two quarter-point rate cuts by the Federal Reserve next year, amid signs of easing inflation and a cooling … - [Oil Holds Advance](https://todaymarkets.ae/oil-holds-advance-2/): WTI crude oil futures hovered around $57.9 per barrel on Tuesday, following four consecutive sessions of gains, as traders remained focused on heightened geopolitical risks. President Donald Trump said on Monday that the US is actively pursuing a third oil tanker off the coast of Venezuela and will retain both the oil and the vessels … - [RBA Sees Upside Risks to Inflation Outlook: December Minutes](https://todaymarkets.ae/rba-sees-upside-risks-to-inflation-outlook-december-minutes/): Australia’s central bank this month considered whether a rise in interest rates might be needed in 2026, given a recent pick-up in inflation, but felt it would take a “little” time to know for sure. The board of the Reserve Bank of Australia (RBA) judged that inflation risks had increased following surprisingly high consumer price … - [Australian Shares Hit Over 1-Month High](https://todaymarkets.ae/australian-shares-hit-over-1-month-high/): The S&P/ASX 200 rose 0.5% to 8,739 on Tuesday, marking its highest level since mid-November, as strength in commodity-linked stocks continued to underpin the market. Mining stocks led the gains, hitting a fresh record as firmer iron ore and copper prices boosted investor sentiment. Heavyweights BHP Group rose 1%, while Rio Tinto added 1.1%. Gold … - [China Stocks Rally for 5th Session](https://todaymarkets.ae/china-stocks-rally-for-5th-session/): The Shanghai Composite rose 0.3% to around 3,930, while the Shenzhen Component gained 0.6% to 13,410 on Tuesday, with the mainland markets extending a five-session rally to a four-week high amid renewed optimism over AI trade. Local technology stocks led the charge, tracking Wall Street’s overnight advance as major US tech firms continued to rebound … - [Dollar Weakens](https://todaymarkets.ae/dollar-weakens/): The dollar index fell toward 98 on Tuesday, its lowest since early October, amid rising expectations of more rate cuts by the Federal Reserve. Markets are currently pricing in two quarter-point rate reductions in 2026, also reinforced by President Trump’s calls for lower borrowing costs. However, Fed officials remain deeply divided on the path forward. … - [Nvidia - Potential H200 Shipments to China in Spotlight](https://todaymarkets.ae/nvidia-potential-h200-shipments-to-china-in-spotlight/): NVIDIA is currently at a point that could prove to be one of the most significant moments for the company’s valuation in the coming quarters, particularly in the context of its relationship with the Chinese artificial intelligence market. According to emerging reports, the company has informed selected clients in China about plans to begin shipments of … - [European Markets in Consolidation](https://todaymarkets.ae/european-markets-in-consolidation/): European indices erase most of their early session gains, with many local markets turning negative in the first phase of Monday’s trading session. The German DAX gains just 0.03%, while the French CAC40 loses 0.34% and the British FTSE100 declines 0.43%. However, market attention is slowly shifting toward expectations regarding the economic backdrop that will … - [The Week Ahead: Gold reaches a new record](https://todaymarkets.ae/the-week-ahead-gold-reaches-a-new-record/): Risk is on as we enter the penultimate trading week of the year. Gold reached a fresh record high, Asian stocks surged, and the Nikkei jumped by more than 1.8%. US equity futures are pointing higher; however, European stocks are lagging after a number of European indices breached fresh record highs in recent days including … - [Chart of The Day - CHN.Cash](https://todaymarkets.ae/chart-of-the-day-chn-cash-2/): The People’s Bank of China (PBOC) kept interest rates unchanged—the 1-year LPR remained at 3% and the 5-year at 3.5%—for the seventh consecutive time. The decision to remain unchanged comes at a time when the world’s second-largest economy is struggling with clearly weak economic indicators for November. Retail sales rose by only 1.3% year-on-year, well … - [EUR/CAD steadies near 1.6160 as holiday trading limits volumes](https://todaymarkets.ae/eur-cad-steadies-near-1-6160-as-holiday-trading-limits-volumes/): EUR/CAD moves little after registering little gains in the previous session, hovering around 1.6160 during the early European hours on Monday. Volumes are expected to remain light as trading enters a holiday-shortened week ahead of Christmas. The European Central Bank (ECB) kept its key policy rate on hold at 2.0% since June, and its latest pause last … - [Dow Jones futures rise on AI optimism ahead of holiday week](https://todaymarkets.ae/dow-jones-futures-rise-on-ai-optimism-ahead-of-holiday-week/): Dow Jones futures gain 0.14% to trade above 48,500 during Monday’s European session, while S&P 500 and Nasdaq 100 futures also advance, edging up 0.35% and 0.53% to roughly 6,910 and 25,700, respectively. However, volumes are expected to remain light as trading enters a holiday-shortened week ahead of Christmas. US index futures move higher after Wall Street … - [](https://todaymarkets.ae/13852-2/): Facts: Recommendation: Long position at market price Opinion: Tensions between the US and Venezuela are clearly escalating. The US Coast Guard has already intercepted two tankers and is pursuing another, accusing Caracas of using oil revenues to finance drug-related crime and operating a “dark fleet” designed to evade sanctions. Venezuela has responded with accusations of … - [Japanese Yen stays firm amid safe-haven flows, intervention fears; lacks follow-through](https://todaymarkets.ae/japanese-yen-stays-firm-amid-safe-haven-flows-intervention-fears-lacks-follow-through/): The Japanese Yen (JPY) retains its bullish bias through the early European session on Monday, though it lacks bullish conviction amid a combination of diverging forces. Rising tensions between the US and Venezuela, along with concerns about renewed Israel-Iran conflict and persistent uncertainties stemming from the protracted Russia-Ukraine war, underpin the JPY’s safe-haven status. Furthermore, … - [GBP/USD Ticks Higher After U.K GDP Data](https://todaymarkets.ae/gbp-usd-ticks-higher-after-u-k-gdp-data/): UK GDP YoY Actual 1.3% (Forecast 1.3%, Previous 1.3%) UK GDP QoQ Actual 0.1% (Forecast 0.1%, Previous 0.1%) The data was in line with expectations, but the British pound gained after the release, which may indicate that part of the market expected lower revisions in the GDP reading. In theory, data pointing to economic growth … - [UK Q3 GDP Growth Confirmed at 0.1%](https://todaymarkets.ae/uk-q3-gdp-growth-confirmed-at-0-1/): The UK economy expanded by just 0.1% in Q3 2025, confirming preliminary estimates and slowing from 0.3% growth in the previous quarter. The production sector fell 0.3%, led by manufacturing (-0.8%) and mining and quarrying (-0.4%). Within manufacturing, transport equipment declined 4.7%, with motor vehicles, trailers, and semi-trailers tumbling 10.3% after a cyberattack severely disrupted … - [WTI jumps above $57.50 as US intercepts Venezuelan tanker](https://todaymarkets.ae/wti-jumps-above-57-50-as-us-intercepts-venezuelan-tanker/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.65 during the early European trading hours on Monday. The WTI price rises after US President Donald Trump said that he will not rule out war with Venezuela, raising fresh supply uncertainty. Traders brace for the release of the American Petroleum Institute (API) crude oil stockpiles … - [Dollar Holds Steady](https://todaymarkets.ae/dollar-holds-steady/): The dollar index held at 98.6 on Monday after a modest gain last week, with trading expected to be quiet this week due to the Christmas holiday. Investor attention will mainly be on the advance-estimate GDP data for the third quarter, set for release on Tuesday, which may offer further insights into the economy’s health … - [Offshore Yuan Steady After PBoC Decision](https://todaymarkets.ae/offshore-yuan-steady-after-pboc-decision-2/): The offshore yuan held steady to around 7.04 per dollar, hovering near a three-month high, as investors assessed the People’s Bank of China’s decision to keep loan prime rates unchanged. The central bank kept its one-year LPR at 3.0% and the five-year LPR at 3.5%, holding both at record lows for the seventh consecutive month … - [Australia 10Y Yield Rises to Over 2-Year High](https://todaymarkets.ae/australia-10y-yield-rises-to-over-2-year-high/): Australia’s 10-year government bond yield rose to around 4.81%, the highest since October 2023, as markets scaled up expectations that the Reserve Bank will resume rate hikes next year. Markets have shifted to full price in a rate increase in the first half of 2026, with a 72% probability of an additional move by year-end. … - [US 10-Year Yield Rises Further](https://todaymarkets.ae/us-10-year-yield-rises-further/): The yield on the US 10-year Treasury note climbed to around 4.17% on Monday, extending its rebound from Friday amid a global rise in bond yields due to expectations of tighter monetary policy from major foreign central banks. Japanese 10-year bond yield surged to its highest since 1999 after the Bank of Japan raised its … - [USD/CAD steadies near 1.3800 as Oil prices climb on supply fears](https://todaymarkets.ae/usd-cad-steadies-near-1-3800-as-oil-prices-climb-on-supply-fears/): USD/CAD moves little after registering little gains in the previous session, trading around 1.3800 during the Asian hours on Monday. The pair may come under pressure as the commodity-linked Canadian Dollar (CAD) draws support from rising Oil prices, given Canada’s status as the largest Oil exporter to the United States (US). West Texas Intermediate (WTI) Oil … - [XAG/USD hits record highs near $69.00 on renewed Israel-Iran tensions](https://todaymarkets.ae/xag-usd-hits-record-highs-near-69-00-on-renewed-israel-iran-tensions/): Silver price (XAG/USD) trades 2.5% higher to near $69.00 during the Asian trading session on Monday, the highest level ever seen. The white metal strengthens as investors shift to a safe-haven fleet on renewed tensions between Israel and Iran. According to a report from NBC News, Israeli officials have grown increasingly concerned that Iran is expanding production … - [China Stocks Rise for 4th Session](https://todaymarkets.ae/china-stocks-rise-for-4th-session/): The Shanghai Composite rose 0.6% to around 3,915, while the Shenzhen Component climbed 1.1% to 13,288 on Monday, with mainland stocks extending a four-session rally to a two-week high after the central bank left key lending rates unchanged. The People’s Bank of China kept its one-year Loan Prime Rate at 3.0% and the five-year LPR … - [US pursuing third oil tanker in Venezuela Blockade — Reuters](https://todaymarkets.ae/us-pursuing-third-oil-tanker-in-venezuela-blockade-reuters/): The United States (US) is still in pursuit of a third oil tanker near Venezuela, officials told Reuters on Sunday, as US President Donald Trump intensifies an oil blockade on Nicolás Maduro’s government. “The United States Coast Guard is in active pursuit of a sanctioned ‘dark fleet’ vessel that is part of Venezuela’s illegal sanctions … - [GBP/USD gains ground near 1.3400 ahead of UK Q3 GDP data](https://todaymarkets.ae/gbp-usd-gains-ground-near-1-3400-ahead-of-uk-q3-gdp-data/): GBP/USD gains ground after three days of losses, trading around 1.3390 during the Asian hours on Monday. The pair depreciates as the Pound Sterling (GBP) holds ground ahead of the release of the United Kingdom (UK) Gross Domestic Product (GDP) for the third quarter. The British Pound may face headwinds as markets have fully priced in a … - [Australian Dollar holds gains following PBOC decision](https://todaymarkets.ae/australian-dollar-holds-gains-following-pboc-decision/): The Australian Dollar (AUD) holds gains against the US Dollar (USD) on Monday after the People’s Bank of China (PBOC), China’s central bank, announced to leave its Loan Prime Rates (LPRs) unchanged. The one- and five-year LPRs were at 3.00% and 3.50%, respectively. Traders will likely focus on the Reserve Bank of Australia’s (RBA) Meeting Minutes due … - [South Korean Shares Track Wall Street Higher](https://todaymarkets.ae/south-korean-shares-track-wall-street-higher/): The benchmark KOSPI climbed 1.8% to around 4,090 on Monday, rebounding from significant losses in the previous week, tracking Friday’s gains on Wall Street. The rally on Wall Street was primarily driven by strong performances in major tech and AI-related stocks, encouraging fresh inflows into Korean stocks closely tied to the global AI supply chain. … - [Hang Seng Rises on PBoC Move, Tracks Wall Street Higher](https://todaymarkets.ae/hang-seng-rises-on-pboc-move-tracks-wall-street-higher/): Hong Kong stocks climbed 71 points, or 0.3%, to 25,762 in Monday morning trade, hitting their highest level in over one week and gaining for a fourth straight session. The move tracked an upbeat session on Wall Street, as technology stocks outperformed due to re-ignited optimism around AI-related shares. Sentiment was also supported by the … - [Yen Rebounds on Intervention Signals](https://todaymarkets.ae/yen-rebounds-on-intervention-signals/): The Japanese yen rose to around 157 per dollar on Monday, rebounding from a four-week low hit in the previous session, as authorities signaled the possibility of intervention. Top currency diplomat Atsushi Mimura emphasized that officials would take “appropriate” action against excessive exchange-rate movements, reflecting concern over sharp, one-way trends. His comments followed remarks by … - [New Zealand Stocks Higher to Begin the Week](https://todaymarkets.ae/new-zealand-stocks-higher-to-begin-the-week/): The NZX 50 climbed 78 points, or 0.6%, reaching 13,412 during Monday morning’s trade, hitting its highest level since December 11. This increase was mainly driven by gains in financials, healthcare, and tech sectors. The positive momentum was supported by a strong performance in tech stocks on Wall Street last Friday. The market was also … - [US Futures Start the Week Higher](https://todaymarkets.ae/us-futures-start-the-week-higher-2/): US stock futures advanced on Monday ahead of a shortened holiday week, after the major indexes sharply gained in the previous session, as technology stocks outperformed, offsetting tumbling consumer stocks. In Friday’s regular trading, the S&P 500 rose 0.88%, the Nasdaq Composite gained 1.31%, and the Dow climbed 0.38%, with megacaps extending gains from Thursday … - [Australian Shares Kick Off the Week Higher](https://todaymarkets.ae/australian-shares-kick-off-the-week-higher-2/): The S&P/ASX 200 rose 0.7% to 8,682 on Monday, rebounding from losses in the previous week as strong gains in materials stocks lifted the market. Mining heavyweights were among the standout performers, with BHP Group advancing 1.5%, Rio Tinto rising 1.2%, and Fortescue gaining 1.9%. Gold stocks also outperformed, with Newmont Corporation jumping nearly 4%, … - [China Keeps LPR Rates Steady for 7th Month](https://todaymarkets.ae/china-keeps-lpr-rates-steady-for-7th-month/): The People’s Bank of China (PBoC) maintained key lending rates at record lows for a seventh consecutive month in December, in line with market expectations. The move came after the central bank left its seven-day reverse repo rate unchanged at 1.4% this month, now serving as the main policy rate, following the central bank’s signalling … - [Japanese Shares Break 50,000 Mark](https://todaymarkets.ae/japanese-shares-break-50000-mark/): The Nikkei 225 Index climbed 1.92% to 50,453 on Monday, comfortably surpassing the 50,000-point mark, tracking Friday’s strong performance on Wall Street. The rally on Wall Street was driven by robust technology earnings and easing concerns over a potential technology boom risk. The gains in the index were also supported by a weakening yen amid … - [Oil Gains Amid Rising Geopolitical Tensions](https://todaymarkets.ae/oil-gains-amid-rising-geopolitical-tensions/): WTI crude oil futures rose to $56.9 per barrel on Monday, extending Friday’s gains as rising geopolitical tensions fueled concerns over potential supply disruptions. The US is reportedly pursuing another vessel near Venezuelan waters, intensifying President Trump’s blockade of the country. Washington has already seized two oil tankers this month, most recently on Saturday, amid … - [Gold Hits Record High](https://todaymarkets.ae/gold-hits-record-high/): Gold prices hit a record high at above $4,380 per ounce on Monday, driven by expectations of further US interest rate cuts and escalating geopolitical tensions. Markets are currently pricing in two additional rate cuts by the Federal Reserve next year, following softer-than-expected US inflation data last week. On the geopolitical front, the US is … - [Traders look towards next week's Nonfarm Payrolls and PCE data.](https://todaymarkets.ae/traders-look-towards-next-weeks-nonfarm-payrolls-and-pce-data/) - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week-5/): The Christmas week is usually associated with lower volatility and thin trading, which results not only from the reduced number of sessions on major exchanges but also from the holiday season. This year, however, market conditions may surprise us. The accumulation of economic data from the United States just before the holiday break, along with … - [Lam Research Stock Rises Following New Analyst Upgrades](https://todaymarkets.ae/lam-research-stock-rises-following-new-analyst-upgrades/): Lam Research continues its strong upward trend and enters 2026 in very good shape. In recent weeks, the company’s shares have reached all-time highs, and since the beginning of the year, they have risen by over 130%, reflecting strong market interest in the semiconductor sector driven by artificial intelligence. Today, Lam Research’s stock is up more … - [Oracle Rises on TikTok Deal Progress](https://todaymarkets.ae/oracle-rises-on-tiktok-deal-progress/): Oracle (ORCL) shares experienced a dynamic increase following reports on progress in the TikTok transaction in the U.S. and fundraising discussions with OpenAI, highlighting the company’s strategic strengthening in the cloud computing and artificial intelligence sectors. ByteDance has agreed to sell over 80% of TikTok’s U.S. operations to a consortium including Oracle, Silver Lake, and MGX from Abu Dhabi. The … - [Nat-Gas Prices Rebound on Technical Short Covering](https://todaymarkets.ae/nat-gas-prices-rebound-on-technical-short-covering/): January Nymex natural gas (NGF26) on Friday closed up by +0.076 (+1.94%). Jan nat-gas prices recovered from a 7-week low on Friday and settled sharply higher after oversold conditions sparked technical short covering in nat-gas futures.  Since posting a 3-year high on December 5, nat-gas prices have been in freefall as warmer US weather has … - [Crude Oil Prices Settle Higher on Heightened Geopolitical Risks](https://todaymarkets.ae/crude-oil-prices-settle-higher-on-heightened-geopolitical-risks/): January WTI crude oil (CLF26) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0069 (+0.41%). Crude oil and gasoline prices settled higher on Friday.  Crude prices are supported amid heightened geopolitical risks in Venezuela and Russia.  Also, Friday’s stock rally boosts optimism about the economic outlook, which is supportive of … - [Cattle Rally Ahead of Bullish Cattle on Feed Report](https://todaymarkets.ae/cattle-rally-ahead-of-bullish-cattle-on-feed-report/): Live cattle futures saw $1.85 to $2.40 gains to close out Friday, as Feb was $1.25 higher this week. Cash trade was softer his week at $228 across the country and $356-358 dressed. Feeder cattle futures were up $4 to $5.325 on Friday, with January closing the week $6.50 higher. The CME feeder cattle index from … - [Corn Closes Friday with Fractional Losses](https://todaymarkets.ae/corn-closes-friday-with-fractional-losses/): Corn futures posted fractional losses across most contracts to close out the Friday session. March closed the week with a 3 cent gain. The CmdtyView national average Cash Corn price was down ¾ cent to $3.99.  We will get another USDA Export Sales report update on Monday, with traders looking for 1.2-2.4 MMT of corn sold in … - [Wheat Closes Friday Mixed](https://todaymarkets.ae/wheat-closes-friday-mixed/): The wheat complex was mixed on Friday, with the KC wheat market being the weakest. Chicago SRW futures were up 1 to 2 cents to round out Friday, as March was 19 ½ cents lower this week. KC HRW futures saw 1 to 2 cent losses, as March was just 2 ¾ cents in the … - [Soybeans Close Friday with Continued Weakness](https://todaymarkets.ae/soybeans-close-friday-with-continued-weakness/): Soybeans extended the weakness on Friday, as most front months were down 2 to 3 cents. January closed out the week down 27 ½ cents from last Friday. The cmdtyView national average Cash Bean price was 2 3/4 cents lower at $9.78 1/2. Soymeal futures were down 80 cents to $1.50, with January $4.90 lower this week. Soy Oil futures were … - [Arabica Coffee Sharply Lower as Supply Outlook Improves](https://todaymarkets.ae/arabica-coffee-sharply-lower-as-supply-outlook-improves/): March arabica coffee (KCH26) on Friday is down -4.45 (-1.29%), and January ICE robusta coffee (RMF26) closed up +4 (+0.11%). Coffee prices settled mixed on Friday, with arabica falling to a new 4-month low and closing sharply lower. Ample rains in Brazil have eased concerns over coffee crop development and are weighing on arabica coffee … - [Cocoa Prices Undercut Amid the Prospects of Abundant Supplies](https://todaymarkets.ae/cocoa-prices-undercut-amid-the-prospects-of-abundant-supplies/): March ICE NY cocoa (CCH26) on Friday closed down -89 (-1.50%), and March ICE London cocoa #7 (CAH26) closed down -43 (-0.99%). Cocoa prices extended this week’s losses on Friday, with NY cocoa falling to a 1.5-week low.  Favorable weather in West Africa is expected to boost yields and supply, which is undercutting prices.  Cocoa … - [Sugar Prices Sharply Higher as Funds Close Out Short Positions](https://todaymarkets.ae/sugar-prices-sharply-higher-as-funds-close-out-short-positions/): March NY world sugar #11 (SBH26) on Friday closed up +0.34 (+2.35%), and March London ICE white sugar #5 (SWH26) closed up +9.60 (+2.31%). Sugar prices settled sharply higher on Friday due to short-covering as funds closed out short positions ahead of the year-end Christmas and New Year’s holidays, a time of thin trading and … - [Cotton Closes with Gains on Friday](https://todaymarkets.ae/cotton-closes-with-gains-on-friday/): Cotton futures closed the Friday session with contracts 20 to 25 points on the day, as March slipped back 8 points on the week. Crude oil futures were 55 cents per barrel higher at $56.55. The US dollar index was $0.292 higher to $98.380.  Cotton Ginnings data as of December 15 showed a total of … - [USD/JPY rises above 157.00 despite BoJ 25bps rate hike – Rabobank](https://todaymarkets.ae/usd-jpy-rises-above-157-00-despite-boj-25bps-rate-hike-rabobank/): Today’s decision by the BoJ to hike its policy rate by 25 bps as expected has failed to support the JPY. Indeed, USD/JPY has pushed above the 157.00 level this morning marking its highest levels for almost a month. The price action in the JPY suggests that the rhetoric that accompanied today’s policy decision was … - [EUR/USD pulls back near 1.1710 on French fiscal headwinds – BBH](https://todaymarkets.ae/eur-usd-pulls-back-near-1-1710-on-french-fiscal-headwinds-bbh/): EUR/USD softened to 1.1710 after French PM Lecornu confirmed that Parliament will miss year-end budget approval, forcing a special rollover law. Despite this fiscal setback, the European Central Bank’s (ECB) hold on rates at 2.00% and upward revisions to growth and 2026 inflation underpin the euro, with rising wage pressures adding to the currency’s support, BBH FX analysts … - [EUR: ECB holds rates steady for fourth meeting – OCBC](https://todaymarkets.ae/eur-ecb-holds-rates-steady-for-fourth-meeting-ocbc/): The European Central Bank (ECB) kept policy rates unchanged, reinforcing its flexible, data-dependent stance. While not committing to a hike, President Lagarde emphasized that all options remain on the table, supporting expectations that the easing cycle may have ended. EUR/USD remains supported, with technicals favoring buy-on-dips despite a corrective pullback risk. Pair was last seen at 1.1713 levels, OCBC’s … - [GBP: Sterling finds brief relief – ING](https://todaymarkets.ae/gbp-sterling-finds-brief-relief-ing/): The Pound Sterling (GBP) gained modest support after a less-dovish Bank of England (BoE) message, but expectations of further rate cuts in early 2026 should keep EUR/GBP underpinned near 0.87, ING’s FX analyst Chris Turner notes. BoE less dovish than feared “Sterling drew some support from a Bank of England press release which was not as dovish … - [JPY: BoJ hikes, Yen shrugs – Commerzbank](https://todaymarkets.ae/jpy-boj-hikes-yen-shrugs-commerzbank/): The Bank of Japan (BoJ) raised rates to a 30-year high and signaled further hikes, but the yen weakened as markets judged the tightening path too slow to drive a near-term Japanese Yen (JPY) rebound, Commerzbank’s FX analyst Volkmar Baur notes. USD/JPY jumps above 156 “This morning, the BoJ raised its key interest rate to 0.75%, the highest level … - [EUR: EU agrees €90bn Ukraine loan – ING](https://todaymarkets.ae/eur-eu-agrees-e90bn-ukraine-loan-ing/): EU leaders secured a €90bn loan package for Ukraine, a market-friendly outcome for the Euro (EUR), as EUR/USD drifts toward support near 1.1680 with range trading likely to persist, ING’s FX analyst Chris Turner notes. ECB fails to move markets “Late last night, EU leaders managed to secure a EUR90bn loan for Ukraine. The money would be … - [Chart of The Day - JP225](https://todaymarkets.ae/chart-of-the-day-jp225-3/): The Japanese Nikkei index (JP225) rose 0.95% on Friday, which is the opposite of what might seem like the natural consequence of the Bank of Japan’s decision to raise interest rates. The key to understanding this move lies in the decidedly dovish tone of the BoJ’s communication, as presented by Governor Ueda during a press … - [Gold drifts lower as profit-taking offsets Fed rate cut hopes](https://todaymarkets.ae/gold-drifts-lower-as-profit-taking-offsets-fed-rate-cut-hopes/): Gold price (XAU/USD) declines to below $4,350 during the early European trading hours on Friday. The precious metal edges lower due to some profit-taking and weak long liquidation from shorter-term futures traders.  Nonetheless, the potential downside for the yellow metal might be limited amid rising expectations of further US Federal Reserve (Fed) rate cuts after the US … - [USD/INR remains on backfoot on RBI's tentative boost to Indian Rupee](https://todaymarkets.ae/usd-inr-remains-on-backfoot-on-rbis-tentative-boost-to-indian-rupee/): The Indian Rupee (INR) opens on a bullish note against the US Dollar (USD) on Friday. The USD/INR pair declines to near 90.30 as weakness in the US Dollar due to an unexpected slowdown in the United States (US) inflation has supported the Reserve Bank of India’s (RBI) tentative boost to the Indian Rupee. On Thursday, the … - [USD/CAD Price Forecast: Remains broadly sideways below 1.3800](https://todaymarkets.ae/usd-cad-price-forecast-remains-broadly-sideways-below-1-3800/): The USD/CAD pair trades higher around 1.3790 in the early European trading session on Friday. The Loonie pair edges up as the US Dollar (USD) regains ground after being jolted by soft United States (US) Consumer Price Index (CPI) data for November. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six … - [EUR/GBP holds steady near 0.8750 following BoE rate cut, ECB policy hold](https://todaymarkets.ae/eur-gbp-holds-steady-near-0-8750-following-boe-rate-cut-ecb-policy-hold/): The EUR/GBP cross trades on a flat note around 0.8760 during the early European session on Friday. This move follows the Bank of England’s (BoE) interest rate cut and market expectations for a steady European Central Bank (ECB) policy. The UK Retail Sales report for November will be in the spotlight later on Friday. The UK central … - [EUR/USD Price Forecast: Tests nine-day support near 1.1700](https://todaymarkets.ae/eur-usd-price-forecast-tests-nine-day-support-near-1-1700/): EUR/USD remains weaker for the fourth consecutive session, trading around 1.1720 during the Asian hours on Friday. On the daily chart, technical analysis indicates a prevailing bullish bias, as the pair remains within the ascending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) stands at 62.11, signaling firm positive momentum without overbought pressure. The … - [Silver Hovers Near Record Highs](https://todaymarkets.ae/silver-hovers-near-record-highs-2/): Silver strengthened above $65.5 per ounce on Friday, hovering near record levels, supported by the ongoing debasement trade and strong underlying fundamentals. The metal is on track for a fourth consecutive weekly gain and is up more than 120% year-to-date. Investor demand for silver and other precious metals has surged this year as falling interest … - [Dutch Consumer Mood Remains Negative](https://todaymarkets.ae/dutch-consumer-mood-remains-negative/): Consumer confidence in the Netherlands was unchanged at -21 in December 2025, holding steady from November and indicating persistently subdued sentiment. Views on the economic climate deteriorated slightly, with the index edging down to -35 from -34 in November, as expectations for the broader economy weakened. Assessments of the economic situation over the past twelve … - [China Stocks Gain on Defense, Aerospace Boost](https://todaymarkets.ae/china-stocks-gain-on-defense-aerospace-boost/): The Shanghai Composite rose 0.6% to around 3,900, while the Shenzhen Component climbed 0.8% to 13,155 on Friday, marking a third consecutive session of gains for mainland markets as gains in defense and aerospace stocks supported the market. Those moves came as a proposed $11 billion US arms sale to Taiwan drew an angry response … - [Japan Raises Policy Rate to Highest Since 1995](https://todaymarkets.ae/japan-raises-policy-rate-to-highest-since-1995/): The Bank of Japan unanimously raised its key short-term interest rate by 25bps to 0.75% at its December meeting, marking the highest level since September 1995 and aligning with market expectations. The move marked the central bank’s second rate hike this year, following a similar increase in January, underscoring a gradual shift away from its … - [Australian Dollar Set for Weekly Decline](https://todaymarkets.ae/australian-dollar-set-for-weekly-decline/): The Australian dollar held steady around $0.661, hovering two-week lows and headed for its first weekly decline in a month, as investors awaited the Reserve Bank’s December meeting minutes for clearer guidance on the policy outlook. The minutes, due next week, are expected to provide insight into the board’s discussions on potential future tightening and … - [US 10-Year Yield Rises as Fed Outlook Weighed](https://todaymarkets.ae/us-10-year-yield-rises-as-fed-outlook-weighed/): The yield on the US 10-year Treasury note climbed to around 4.14% on Friday, reversing a brief dip in the previous session, as investors assessed the Federal Reserve’s policy outlook amid soft inflation and labor market signals. November’s CPI report showed headline inflation at 2.7%, the lowest since July and below forecasts of 3.1%, while … - [Japan 10-Year Yield Nears 2-Decade High](https://todaymarkets.ae/japan-10-year-yield-nears-2-decade-high/): Japan’s 10-year government bond yield climbed to around 2% on Friday, approaching levels not seen in nearly two decades after the Bank of Japan raised its benchmark rate to the highest level since 1995. The central bank hikes rates by 25 basis points to 0.75% as it gradually moves away from ultra-loose monetary policy, while … - [Indian Stocks Gain, but Poised for 2nd Weekly Decline](https://todaymarkets.ae/indian-stocks-gain-but-poised-for-2nd-weekly-decline/): The BSE Sensex rose 469 points, or 0.6%, to 84,950 in Friday morning trade, snapping a four-session losing streak and tracking gains in Asian peers, following an upbeat session on Wall Street overnight as softer inflation raised hopes of further interest rate cuts by the Fed next year. Almost all sectors traded in the green, … - [New Zealand Stocks Rebound](https://todaymarkets.ae/new-zealand-stocks-rebound-3/): The S&P/NZX 50 index rose 0.6% to close at 13,333 on Friday, snapping a two-day losing streak, supported by upbeat domestic data, with Wall Street’s rise adding further support. Consumer confidence in New Zealand climbed to its highest level in over four years in December, while business sentiment surged to a 30-year high. The country … - [Offshore Yuan Weakens, Still Set for 4th Weekly Gain](https://todaymarkets.ae/offshore-yuan-weakens-still-set-for-4th-weekly-gain/): The offshore yuan weakened to around 7.03 per dollar, retreating from an over one-year high hit in the previous session, dragged down by a weaker-than-expected daily fixing. The People’s Bank of China set the midpoint rate at 7.0550 per dollar, 172 pips weaker than Reuters’ estimate. These soft fixings have persisted since late November, highlighting … - [Palm Oil Snaps Two-Session Gains, Faces Second Weekly Decline](https://todaymarkets.ae/palm-oil-snaps-two-session-gains-faces-second-weekly-decline/): Malaysian palm oil futures slid about 1% to below MYR 3,950 per tonne on Friday, halting two sessions of rises as a firmer ringgit and weaker rival edible oils on the Dalian and Chicago exchanges weighed on sentiment. Prices fell to their lowest level since early June and were on track for a second consecutive … - [Australia Commodity Prices Drop Faster in November](https://todaymarkets.ae/australia-commodity-prices-drop-faster-in-november/): The Reserve Bank of Australia’s Index of Commodity Prices dropped 3.8% year-on-year in December 2025, slipping further from an upwardly revised 1.8% fall in the previous month. This marked the third consecutive month of annual price decreases and the sharpest in the sequence, as lower costs for thermal coal, alumina, and liquified natural gas prices … - [China’s 10-Year Yield Rebounds](https://todaymarkets.ae/chinas-10-year-yield-rebounds/): China’s 10-year government bond yield jumped to around 1.83%, rebounding from a more than one-month low in the previous session, as increased issuance of longer-maturity bonds put pressure on the country’s debt markets. Chinese bonds maturing in over 10 years now account for roughly 31% of central and local government debt, the highest in a … - [Nat-Gas Prices Drop on a Smaller-Than-Forecast Draw in Weekly Storage](https://todaymarkets.ae/nat-gas-prices-drop-on-a-smaller-than-forecast-draw-in-weekly-storage/): January Nymex natural gas (NGF26) on Thursday closed down by -0.116 (-2.88%). Jan nat-gas prices gave up an early advance on Thursday and fell sharply after the weekly EIA nat-gas storage report showed a draw of less than expected.  The EIA reported that nat-gas inventories fell -167 bcf for the week ended December 12, a … - [Crude Oil Prices Supported by Geopolitical Tensions](https://todaymarkets.ae/crude-oil-prices-supported-by-geopolitical-tensions/): January WTI crude oil (CLF26) on Thursday closed up +0.21 (+0.38%), and January RBOB gasoline (RBF26) closed up +0.0070 (+0.41%). Crude oil and gasoline prices settled higher on Thursday amid heightened geopolitical risks in Venezuela and Russia.  Also, Thursday’s sharp rally in stocks boosted optimism about the economic outlook, which is supportive of energy demand. … - [Cattle Fall Back Ahead of Friday’s USDA Report](https://todaymarkets.ae/cattle-fall-back-ahead-of-fridays-usda-report/): Live cattle futures were down 97 cents to $1.90 on Thursday. There were 20 deliveries retendered at 1 cent on Thursday. Cash trade got kicked off on Thursday, with a few early sales at $228 across the country and dressed sales have been $356-358. The Thursday Fed Cattle Exchange online auction showed no sales on the … - [Soybeans Extend Losses](https://todaymarkets.ae/soybeans-extend-losses/): Soybeans rounded out the Thursday session with losses of 6 to 7 cents as weakness continues. The cmdtyView national average Cash Bean price was 5 3/4 cents lower at $9.81 1/4. Soymeal futures were 20 cent so $1.00 higher, with Soy Oil futures down 41 to 47 points. USDA reported a private export sale of 114,000 MT of soybeans to unknown … - [Corn Rallies Higher ](https://todaymarkets.ae/corn-rallies-higher/): Corn futures closed the Thursday session with contracts up 4 to 4 ½ cents across the front months. Bulls were battling back after spillover pressure from the other grains earlier this week. The CmdtyView national average Cash Corn price was up 4 cents to $4.00 3/4.  Export Sales data was updated for the week of 11/27 this … - [Wheat Sees Buying as Hard Red Contracts Lead the Way](https://todaymarkets.ae/wheat-sees-buying-as-hard-red-contracts-lead-the-way/): The wheat complex was in rally mode on Thursday with the hard red contracts, both spring and winter, pushing higher. Chicago SRW futures were 1 to 2 cents in the green. KC HRW futures were 9 to 10 cents higher at the close. MPLS spring wheat was up 10 to 11 cents on Thursday. Export … - [Coffee Prices Retreat on Positive Coffee Crop Development](https://todaymarkets.ae/coffee-prices-retreat-on-positive-coffee-crop-development/): March arabica coffee (KCH26) on Thursday closed down -2.30 (-0.66%), and January ICE robusta coffee (RMF26) closed down -25 (-0.66%). Coffee prices have sold off sharply over the past two weeks, dropping to 4-month lows on Thursday. Ample rains in Brazil have eased concerns over coffee crop development and are bearish for prices.  Climatempo said … - [Cocoa Prices Settle Lower on Expectations of Adequate Supplies](https://todaymarkets.ae/cocoa-prices-settle-lower-on-expectations-of-adequate-supplies/): March ICE NY cocoa (CCH26) on Thursday closed down -44 (-0.74%), and March ICE London cocoa #7 (CAH26) closed down -24 (-0.55%). Cocoa prices settled lower on Thursday, with NY cocoa falling to a 1-week low.   Favorable weather in West Africa is expected to boost yields and supply, which is bearish for prices.  Cocoa … - [Sugar Prices Fall Sharply as India May Boost Sugar Exports](https://todaymarkets.ae/sugar-prices-fall-sharply-as-india-may-boost-sugar-exports/): March NY world sugar #11 (SBH26) on Thursday closed down -0.28 (-1.90%), and March London ICE white sugar #5 (SWH26) closed down -6.40 (-1.52%). Sugar prices fell sharply on Thursday to 1-week lows today amid prospects of higher sugar exports from India, after India’s food secretary said the government may permit additional sugar exports to … - [Cotton Posts Slight Gains](https://todaymarkets.ae/cotton-posts-slight-gains/): Cotton futures saw Thursday gains of 8 points across the front months at the close. Crude oil futures were 8 cents per barrel higher at $56.02. The US dollar index was $0.093 higher to $98.095.  Export Sales data showed 135,886 RB of cotton sold during the week of 11/27, a 4-week low. Shipments were a … - [The Global Chip Cold War - China Changing The Rules of Technology](https://todaymarkets.ae/the-global-chip-cold-war-china-changing-the-rules-of-technology/): Events with the potential to reshape the long-term fundamentals of the technology sector rarely occur on the global stage. China’s progress in developing its own EUV lithography technology belongs to this category. Although the project is still in the testing and prototype phase, its significance extends far beyond current market cycles and short-term corporate earnings. EUV … - [BOE Cuts Interest Rates](https://todaymarkets.ae/boe-cuts-interest-rates/): The Bank of England delivered a slightly “hawkish” rate cut today, lowering Bank Rate by 25 basis points to 3.75% in a finely balanced 5–4 vote. The move marks the lowest level of rates since early 2023. The Bank returned to the cuts after 3 meeting where the rate was kept at 4%.  The headlines … - [Trade of The Day - OIL.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti-6/): Facts: Recommendation: Long position at market price Opinion: WTI crude dropped at the beginning of the week to the lowest levels since 2021, and the magnitude of the decline — more than 22% YTD and roughly 30% below this year’s highs — points to a deeply oversold market. Current price levels coincide with a major technical support area at 55–56 … - [Norges Bank Keeps Rates Unchanged](https://todaymarkets.ae/13693-2/): As expected, Norges Bank has kept interest rates unchanged. The main rate is currently 4.0%. Norges Bank has slightly adjusted its economic forecasts, although they do not significantly alter the overall picture: Norges Bank has clearly lowered its economic forecasts and indicates that if the data aligns with the forecasts, it anticipates 1 or 2 … - [Chart of The Day - NZD/USD](https://todaymarkets.ae/chart-of-the-day-nzd-usd-2/): New Zealand’s economy recorded a stronger-than-expected rebound in Q3, with production-based GDP rising 1.1% q/q and expenditure-based GDP increasing 1.3% q/q — both beating forecasts. Growth was broad-based across 14 of 16 sectors, driven by manufacturing, business services, and construction. Only telecommunications and education contracted. Exports also strengthened, supported by dairy and meat products, although … - [GBP weak ahead of BoE meeting on weaker CPI – MUFG](https://todaymarkets.ae/gbp-weak-ahead-of-boe-meeting-on-weaker-cpi-mufg/): The Pound Sterling (GBP) has continued to trade at weaker levels ahead of today’s Bank of England (BoE) policy meeting following the release yesterday of the much weaker than expected UK CPI report for November, MUFG’s FX analyst Lee Hardman reports. BoE guidance key for future rate path in 2026 “The report has reinforced expectations that the BoE will vote … - [DXY holds above 98.00 amid quiet US data – ING](https://todaymarkets.ae/dxy-holds-above-98-00-amid-quiet-us-data-ing/): The Dollar Index (DXY) remains supported above 98.00 as recent US data and Fed commentary have had little impact, with attention shifting to today’s ECB meetings for potential near-term direction, ING’s FX analyst Chris Turner notes. Fed’s Waller signals caution, US Dollar mixed “The DXY dollar index remains supported above 98.00. Events this week have so far … - [GBP retreats after surprise drop in UK inflation – Commerzbank](https://todaymarkets.ae/gbp-retreats-after-surprise-drop-in-uk-inflation-commerzbank/): The Pound Sterling (GBP) reversed its gains after UK inflation came in below expectations, leaving the market focused on the Bank of England’s (BoE) rate cut today and the potential for further easing in upcoming meetings, Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen notes. BoE rate cut already priced in, market eyes … - [EUR/USD tests key multi-month resistance – Société Générale](https://todaymarkets.ae/eur-usd-tests-key-multi-month-resistance-societe-generale/): EUR/USD has extended its rebound after breaking a short-term downtrend, but is now stalling near major resistance around 1.18, where near-term consolidation may decide whether a larger bullish trend unfolds, Société Générale’s FX analysts note. Breakout extends, but pullback emerging “EUR/USD broke out from a short-term descending channel earlier this month resulting in extension of bounce. … - [China 10-Year Yield Trades Sideways](https://todaymarkets.ae/china-10-year-yield-trades-sideways/): China’s 10-year government bond yield hovered around 1.84%, trading in a sideways range, as investors weighed expectations of sustained government spending and proactive fiscal measures in 2026. The Ministry of Finance outlined plans to boost domestic consumption, expand investment in technology and human capital, and reinforce the social safety net, prompting markets to anticipate increased … - [Palm Oil Retreats from Two-Week Peak](https://todaymarkets.ae/palm-oil-retreats-from-two-week-peak/): Malaysian palm oil futures slipped below MYR 4,080 on Monday, easing after four straight sessions of gains as traders booked profits following last week’s two-week high. Softer edible oils on the Dalian exchange also weighed on sentiment entering the final week of 2025, leaving futures on track to end the year down about 8.5%, reversing … - [NZD/USD remains below 0.5850 as US Dollar recovers losses](https://todaymarkets.ae/nzd-usd-remains-below-0-5850-as-us-dollar-recovers-losses/): NZD/USD remains subdued for the third successive session, trading around 0.5830 during the Asian hours on Monday. The pair edges lower as the US Dollar (USD) recovers daily losses on technical grounds. However, the downside of the pair could be restrained as the US Dollar (USD) could struggle amid the ongoing likelihood of two more … - [GBP/USD edges higher above 1.3500, eyes Fed rate cut outlook](https://todaymarkets.ae/gbp-usd-edges-higher-above-1-3500-eyes-fed-rate-cut-outlook/): GBP/USD gains after a gap-down open, trading around 1.3510 during the Asian hours on Monday. The pair gains ground as the US Dollar (USD) faces challenges, which could be attributed to growing expectations of two more rate cuts by the Federal Reserve (Fed) in 2026. Traders are likely to focus on the Federal Open Market Committee (FOMC) December … - [Australian Dollar hits fresh 14-month highs on RBA rate hike bets](https://todaymarkets.ae/australian-dollar-hits-fresh-14-month-highs-on-rba-rate-hike-bets/): The Australian Dollar (AUD) rises against the US Dollar (USD), reaching a 14-month high of 0.6727 on Monday. The AUD/USD pair strengthens as the Aussie Dollar finds support amid growing expectations of interest rate hikes from the Reserve Bank of Australia (RBA). The RBA’s December Meeting Minutes indicated that board members are becoming less confident that monetary … - [USD/CAD slips to near 1.3650 as Oil prices gain on Middle East tensions](https://todaymarkets.ae/usd-cad-slips-to-near-1-3650-as-oil-prices-gain-on-middle-east-tensions/): USD/CAD depreciates for the second successive session, trading around 1.3660 during the Asian hours on Monday. The pair remains subdued near the five-month low of 1.3642, reached on December 26, as the commodity-linked Canadian Dollar (CAD) receives support from stronger Oil prices, given Canada’s status as the largest crude exporter to the United States (US). West … - [EUR/USD Tests nine-day EMA support near 1.1750](https://todaymarkets.ae/eur-usd-tests-nine-day-ema-support-near-1-1750/): EUR/USD loses ground for the fourth consecutive session, trading around 1.1760 during the Asian hours on Monday. On the daily chart, technical analysis indicates a weakening bullish bias, as the pair tests to break below the lower boundary of the ascending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) at 63.92 remains constructive above … - [Gold Hovers Near Record High](https://todaymarkets.ae/gold-hovers-near-record-high-2/): Gold dipped to around $4,500 per ounce on Monday but remained near its record high, supported by geopolitical uncertainty and expectations of further US rate cuts. President Donald Trump said that peace talks with Ukrainian President Volodymyr Zelenskiy have made “a lot of progress,” though a deal may take weeks. Zelenskiy also added that the … - [Palladium Slips Nearly 6%](https://todaymarkets.ae/palladium-slips-nearly-6/): Palladium futures slipped nearly 5% to around $1,890 an ounce, likely due to profit-taking after an end-of-year rally that pushed prices to a three-year high. Investors also weighed geopolitical risks after comments from President Donald Trump suggesting meaningful progress in talks with Ukraine, even as negotiations are expected to continue for several weeks. Ukrainian President … - [Oil Rises Over 1%](https://todaymarkets.ae/oil-rises-over-1/): WTI crude oil futures rose more than 1% to above $57 per barrel on Monday, trimming a loss of more than 2% from the previous session, as investors weighed Middle East tensions and developments in Ukraine peace talks. Unrest in the Middle East, including Saudi air strikes in Yemen and Iran’s declaration of a ‘full-scale … - [BoJ Flags Further Rate Rise to Anchor Stability: Dec Policy Summary](https://todaymarkets.ae/boj-flags-further-rate-rise-to-anchor-stability-dec-policy-summary/): It is appropriate for the Bank of Japan to raise interest rates and adjust the degree of monetary accommodation to achieve price stability sustainably, the Summary of Opinions from its December meeting showed. Policymakers noted that Japan could sustain a virtuous cycle in which wages and prices rise moderately, reinforcing confidence in the baseline outlook … - [Australian Shares Fall on Energy Losses](https://todaymarkets.ae/australian-shares-fall-on-energy-losses/): The S&P/ASX 200 fell 0.3% to around 8,741 on Monday, extending losses from the previous session, as weakness in energy stocks offset strong gains in miners and gold producers. Oil-linked shares fell after crude prices declined on Friday amid concerns over a looming supply glut, dragging on index performance in thin, holiday-shortened trade. Woodside Energy … - [Dollar Remains Subdued](https://todaymarkets.ae/dollar-remains-subdued/): The US dollar edged below 98 on Monday, trading sideways near its lowest level since early October as holiday-thinned trading continued and markets priced in rate cuts next year. Investors still factor in two more rate cuts in 2026, though Federal Reserve officials are split on the path forward, with the majority forecasting just a … - [Silver Moves Back Toward Record](https://todaymarkets.ae/silver-moves-back-toward-record/): Silver swung sharply on Monday, erasing earlier losses of 5% to return to the key level of around $80 per ounce, moving back toward its record amid geopolitical uncertainty. President Donald Trump said that peace talks with Ukrainian President Volodymyr Zelenskiy have seen “significant progress,” although a final agreement could take weeks. Zelenskiy noted that … - [Yuan Holds as PBOC Signals Stability](https://todaymarkets.ae/yuan-holds-as-pboc-signals-stability/): The offshore yuan steadied around the 7 per dollar mark on Monday, after reaching a fifteen-month high in the previous session, as investors weighed the central bank’s efforts to temper rapid one-way moves. The People’s Bank of China set a slightly softer-than-expected midpoint, signaling its intent to rein in excess yuan strength, while state-run media … - [Copper Hits Fresh Record](https://todaymarkets.ae/copper-hits-fresh-record/): Copper futures climbed to $5.8 per pound by the end of December, hitting new record levels on tight global supplies and a softer US dollar. London Metal Exchange futures reached $12,960 a ton, tracking strong gains in Shanghai and New York. The rally coincided with broad gains across precious metals, as gold, silver, and platinum … - [US 10-Year Yield Edges Lower](https://todaymarkets.ae/us-10-year-yield-edges-lower/): The yield on the 10-year US Treasury edged lower to around 4.14%, as holiday-thinned trading continued and markets priced in rate cuts next year. Investors continue to expect two reductions in 2026, though Federal Reserve officials are divided, with most projecting only one. Recent GDP data also showed a robust annualized pace in Q3, reinforcing … - [China Stocks Rally for Ninth Session](https://todaymarkets.ae/china-stocks-rally-for-ninth-session/): The Shanghai Composite rose 0.4% to around 3,980 on Monday, extending its winning streak to nine sessions, the longest since April, while the Shenzhen Component gained 0.3% to a two-month high of 13,640, after Beijing announced plans to expand fiscal spending to boost consumption and investment and a bullish global equities mood lifted sentiment in … - [US Futures Hold Near Record Highs](https://todaymarkets.ae/us-futures-hold-near-record-highs/): US equity futures remained muted on Friday, expected to remain in thin trading after exchanges were closed for holidays. Contracts tracking the S&P 500 and the Dow were near their record highs amid expectations that sustained economic growth and more-accommodative monetary policy support earnings prospects. Despite optimism that corporate revenues will remain robust, skepticism on … - [Soybean Futures Edge Up](https://todaymarkets.ae/soybean-futures-edge-up/): Soybean futures hovered around $10.6 per bushel, rebounding slightly from $10.5 per bushel before Christmas, modestly supported by sustained Chinese buying demand. According to the latest US Department of Agriculture (USDA) export sales report, US soybean net sales to China for the 2025/26 marketing year reached 1.383 million tons for the week ending December 11, … - [Nickel Surges to 7-Month High](https://todaymarkets.ae/nickel-surges-to-7-month-high/): Nickel futures in the UK surged to $15,600 per tonne, the highest since May, after testing four-year lows at $14,350 on December 16th as markets reconsidered the view of an oversupplied market. Indonesia, the world’s top nickel producer, proposed a 34% reduction in nickel output in its 2026 budget to tackle growing concerns of oversupply … - [Lithium Rises to 19-Month High](https://todaymarkets.ae/lithium-rises-to-19-month-high/): Lithium carbonate futures in China rose past the CNY 110,00 per tonne mark for the first time in 19 months as lower supply magnified the outlook of stronger demand. The Bureau of Natural Resources of Yichun, which includes the lithium mining hub in the Chinese Jiangxi province, stated it would cancel 27 mining permits early … - [Rupiah Dips But Dollar Weakness Limits Losses](https://todaymarkets.ae/rupiah-dips-but-dollar-weakness-limits-losses/): The Indonesian rupiah slipped toward IDR 16,750 per dollar on Friday after briefly firming near 16,730 in the prior session, as holiday-thinned trading weighed on sentiment. Renewed bets on lower interest rates added pressure after Governor Perry Warjiyo signaled policymakers still have room to ease, citing mild inflation and the need to support growth following … - [Silver Hits Fresh High](https://todaymarkets.ae/silver-hits-fresh-high/): Silver climbed more than 4% to $74.8 per ounce on Friday, advancing for the fifth consecutive session to reach a new high, as investor sentiment remained elevated amid ongoing geopolitical tensions and expectations of further US interest rate cuts. Nine days after US President Trump announced the blockade on Venezuelan oil tankers, concerns over disruptions … - [Strategy and other Bitcoin treasury firms under pressure as market momentum slows](https://todaymarkets.ae/strategy-and-other-bitcoin-treasury-firms-under-pressure-as-market-momentum-slows/): Strategy (MSTR) and other corporate Bitcoin (BTC) treasuries remain under pressure as 2025’s volatile BTC performance – marked by sharp rallies and deep corrections – left annual returns flat to slightly negative. MSTR stock prices are down more than 60% from their year-highs, while peers that raised capital through Private Investment in Public Equity (PIPE) … - [BTC struggles below $90,000 as ETF outflows persist and options expiry looms](https://todaymarkets.ae/btc-struggles-below-90000-as-etf-outflows-persist-and-options-expiry-looms/): Bitcoin (BTC) steadies around $87,700 at the time of writing on Thursday after failing to reclaim a key psychological level earlier this week. Institutional demand continues to weaken as spot Bitcoin Exchange-Traded Funds (ETFs) recorded their fifth consecutive day of withdrawals. Traders should remain cautious ahead of Friday’s large options expiry, which could bring fresh volatility … - [Palm Oil Poised for Weekly Gains After Recent Losses](https://todaymarkets.ae/palm-oil-poised-for-weekly-gains-after-recent-losses/): Malaysian palm oil futures hovered above MYR 4,060 per tonne on Friday, extending gains for a fourth straight session as trade resumed after the Christmas break. Prices drew support from stronger rival edible oils on the Dalian exchange and firmer demand prospects from top buyer India, where November imports rose about 5% from October amid … - [Copper Hits Five-Month Peak](https://todaymarkets.ae/copper-hits-five-month-peak/): Copper futures advanced more than 3% to around $5.7 per pound in late December, extending gains to a five-month high as global markets reacted to strong demand and supply constraints. The metal continues to benefit from the global energy transition, contributing to its 42% annual gain in New York. Prices were further supported by a … - [India Stocks Fall but Point to Weekly Gains](https://todaymarkets.ae/india-stocks-fall-but-point-to-weekly-gains/): The BSE Sensex dropped by 163 points, or 0.2%, to reach 85,247 during Friday morning trading, extending losses from the previous session, mainly weighed down by technology, financial services, and banking stocks. Indian markets experienced a period of consolidation, with lower trading volumes amid a lack of significant global market movements due to holidays in … - [US Futures Steady After Christmas Break](https://todaymarkets.ae/us-futures-steady-after-christmas-break/): U.S. stock futures were little changed on Friday, following Wall Street’s modest gains and thin trading on Wednesday during a holiday-shortened session. Dow futures edged up 0.02%, while the S&P 500 and Nasdaq 100 futures were little changed. In regular trading on Wednesday, US stocks advanced for a fifth straight session, with the S&P 500 … - [Japan Retail Sales Growth Above Forecasts](https://todaymarkets.ae/japan-retail-sales-growth-above-forecasts/): Retail sales in Japan rose 1.0% year-on-year in November 2025, slowing from a 1.7% growth in the previous month but surpassing market expectations of 0.9%. It marked the third consecutive month of increase in retail turnover, supported by resilient household spending on essentials heading into year-end, steady wage gains, and a recovery in inbound tourism. … - [Japanese Yen Heads for Solid Weekly Gains](https://todaymarkets.ae/japanese-yen-heads-for-solid-weekly-gains/): The Japanese yen strengthened past 155 per dollar on Friday, positioning itself for solid weekly gains as investors expect the Bank of Japan to continue raising interest rates despite Tokyo’s cooler-than-expected inflation data. The capital’s annual inflation rate eased to a more than one-year low of 2% in December, reflecting softer food and energy price … - [Oil Set for Weekly Advance](https://todaymarkets.ae/oil-set-for-weekly-advance/): WTI crude oil futures edged up to $58.5 per barrel on Friday, heading for a weekly gain, supported by geopolitical risks. Crude prices rallied earlier in the week after President Donald Trump intensified the US naval blockade of Venezuela, with the seizure of oil tankers as its latest strategy. While Venezuelan crude accounts for only … - [South Korean Shares Rise on Wall Street Strength](https://todaymarkets.ae/south-korean-shares-rise-on-wall-street-strength/): The benchmark KOSPI rose 0.8% to around 4,139 on Friday, reversing losses from the previous session as investor sentiment was buoyed by overnight record highs on Wall Street, where tech and AI stocks continued to lead the advance. Holiday-thinned regional trading amplified the influence of US cues, setting a supportive tone for Korean equities. The … - [Korean Won Appreciates on Policy Support Measures](https://todaymarkets.ae/korean-won-appreciates-on-policy-support-measures/): The South Korean won climbed to around 1,433 per dollar on Friday, extending gains for another session as optimism grew over policy measures aimed at supporting the currency. Authorities, including the Bank of Korea and the Ministry of Economy and Finance, have engaged in verbal interventions to ease market stress, while the ministry unveiled measures … - [Gold Near Record High](https://todaymarkets.ae/gold-near-record-high/): Gold prices rose to around $4,500 per ounce on Friday, after briefly hitting an all-time high of $4,530 earlier in the session, driven by safe-haven demand amid mounting geopolitical tensions and expectations of US interest rate cuts. Investor focus remains on the ongoing US blockade of crude shipments from Venezuela, continued hostilities between Russia and … - [Japan’s Nikkei Notches Two-Week High, Eyes Second Weekly Gain](https://todaymarkets.ae/japans-nikkei-notches-two-week-high-eyes-second-weekly-gain/): The Nikkei 225 advanced 477 points, or nearly 1%, to 50,892 in Friday’s morning session, rebounding from three subdued days and heading for a second straight weekly gain. The benchmark hit a two-week peak, boosted by broad sectoral strength. Meanwhile, the broader Topix Index added 0.4% for a second session. Sentiment improved after Wall Street’s … - [Japan 10Y Yield Steady After Inflation Data](https://todaymarkets.ae/japan-10y-yield-steady-after-inflation-data/): Japan’s 10-year government bond yield steadied around 2%, as investors continue to expect possible interest rate hikes from the Bank of Japan despite Tokyo’s inflation coming in below expectations. The capital’s annual inflation eased to an over one-year low of 2% in December, mainly due to moderating price pressures in both food and energy. Tokyo’s … - [Yuan Strengthens to Multi-Year High](https://todaymarkets.ae/yuan-strengthens-to-multi-year-high/): The offshore yuan appreciated to around 7 per dollar on Friday, extending gains for the third consecutive session and marking its strongest level in over fifteen months, as investors responded to signs of measured policy guidance from authorities. In its latest action, China established the yuan’s daily reference rate below market expectations by a record … - [Chinese Stocks Extend Rally](https://todaymarkets.ae/chinese-stocks-extend-rally/): The Shanghai Composite rose 0.4% to a more than one-month high of around 3,975, extending its winning streak to eight sessions, the longest since July, while the Shenzhen Component gained 1% to a near two-month high of 13,657 on Friday, as the People’s Bank of China hinted at potential monetary easing in the near term. … - [Dollar Remains Under Pressure](https://todaymarkets.ae/dollar-remains-under-pressure/): The US dollar held at 97.9 on Friday, remaining at its lowest level since early October, as investors continued to expect interest rate cuts by the Federal Reserve next year. Strong GDP data released on Tuesday had little impact on the rate outlook, with markets still pricing in two additional cuts in 2026. However, Fed … - [Trade of The Day - XAG.Silver](https://todaymarkets.ae/trade-of-the-day-xag-silver/): Facts: Trade: Short position (SELL) on SILVER at market price. SILVER (D1) Source: xStation5Opinion: Silver has experienced one of the most intense growth periods in history. Several factors indicate that the price of the metal has reached an overvaluation level. The RSI indicator has exceeded 80 and is currently at 81.7. A similar level prompted … - [Chart of The Day - USD/JPY](https://todaymarkets.ae/chart-of-the-day-usd-jpy-13/): The USD/JPY market is currently in a transitional phase between the end of the previous zero interest rate regime and the early phase of normalization. After the sharp volatility episodes of 2024, triggered by the Bank of Japan’s shock exit from ultra-dovish policy and partial unwinding of carry trade, the market in 2025 has shifted … - [Gold eases from record high amid profit-taking](https://todaymarkets.ae/gold-eases-from-record-high-amid-profit-taking/): Gold price (XAU/USD) eases from a record high of $4,526 during the early European trading hours on Wednesday as traders book some profits. Additionally, the upbeat US Gross Domestic Product (GDP) data might also weigh on the Gold price. It’s worth noting that strong GDP often boosts the US Dollar (USD), making Gold more expensive … - [Silver Price Forecast: XAG/USD extends bull run to near $72.70 as Fed dovish bets remain steady](https://todaymarkets.ae/silver-price-forecast-xag-usd-extends-bull-run-to-near-72-70-as-fed-dovish-bets-remain-steady/): Silver price (XAG/USD) rallies further to near $72.70 during the early European trading session on Wednesday. The white metal extends its bull run as Federal Reserve (Fed) dovish expectations for 2026 remain broadly firm, even as the United States (US) Q3 Gross Domestic Product (GDP) came in surprisingly higher. According to the CME FedWatch tool, traders see … - [GBP/JPY hangs near weekly low, around mid-210.00s amid a broadly firmer JPY](https://todaymarkets.ae/gbp-jpy-hangs-near-weekly-low-around-mid-210-00s-amid-a-broadly-firmer-jpy/): The GBP/JPY cross attracts some sellers for the second straight day on Wednesday and trades around mid-210.00s, closer to the weekly trough during the Asian session. Spot prices, however, remain within striking distance of the highest level since August 2008, touched on Monday. Moreover, the fundamental backdrop warrants some caution before positioning for any meaningful … - [USD/CHF rebounds toward 0.7900 after hitting three-month lows](https://todaymarkets.ae/usd-chf-rebounds-toward-0-7900-after-hitting-three-month-lows/): USD/CHF loses ground for the third consecutive session, trading around 0.7880 during the Asian hours on Wednesday. The pair hit a three-month low of 0.7861 during early trading as the US Dollar (USD) faces challenges, which could be attributed to the growing expectations of two rate cuts by the Federal Reserve (Fed) in 2026. Volumes are expected … - [GBP/USD gathers strength above 1.3500 as BoE signals gradual easing](https://todaymarkets.ae/gbp-usd-gathers-strength-above-1-3500-as-boe-signals-gradual-easing/): The GBP/USD pair trades in positive territory near 1.3510 during the early European session on Wednesday. The Pound Sterling (GBP) strengthens against the Greenback on expectations that the Bank of England (BoE) will follow a gradual monetary easing path in 2026.   The UK central bank delivered a widely expected rate cut to 3.75% last week, but … - [Japanese Yen remains on the front foot vs. bearish USD amid BoJ-Fed policy divergence](https://todaymarkets.ae/japanese-yen-remains-on-the-front-foot-vs-bearish-usd-amid-boj-fed-policy-divergence/): The Japanese Yen (JPY) prolongs its uptrend against a broadly weaker US Dollar (USD) for the third straight day and climbs to a fresh weekly top during the Asian session on Wednesday. Minutes of the Bank of Japan’s (BoJ) October meeting showed that board members debated the need to continue raising interest rates. Apart from this, … - [EUR/GBP weakens below 0.8750 as BoE hints at slower easing pace](https://todaymarkets.ae/eur-gbp-weakens-below-0-8750-as-boe-hints-at-slower-easing-pace/): The EUR/GBP cross trades in negative territory for the fifth consecutive day around 0.8725 during the early European session on Wednesday. The Pound Sterling (GBP) edges higher against the Euro (EUR) after the Bank of England (BoE) delivered a widely anticipated rate cut while indicating that the bar for further reduction was high due to persistent inflation. The BoE’s … - [Gold edges higher to all-time high on Venezuela tensions, Fed rate cut optimism](https://todaymarkets.ae/gold-edges-higher-to-all-time-high-on-venezuela-tensions-fed-rate-cut-optimism/): Gold price (XAU/USD) extends the rally to a fresh record high above $4,520 during the Asian trading hours on Wednesday. The previous metal surges as persistent geopolitical uncertainty,  particularly in US-Venezuela conflict, continues to keep safe-haven demand elevated. Additionally, growing expectations of further US Federal Reserve (Fed) rate cuts next year contribute to the Gold’s upside. Financial … - [Copper Holds Near 5-Month High](https://todaymarkets.ae/copper-holds-near-5-month-high/): Copper futures rose to around $5.5 per pound in late December, extending near a five-month high, as tight supply and robust US economic growth underpinned prices. The US economy expanded at its fastest pace in two years in Q3, boosted by consumer spending, exports, and industrial activity, supporting copper-intensive sectors. Supply pressures grew after years … - [Crude Oil Prices Continue Higher on Recent Oil Tanker Disruptions](https://todaymarkets.ae/crude-oil-prices-continue-higher-on-recent-oil-tanker-disruptions/): February WTI crude oil (CLG26) on Tuesday closed up +0.37 (+0.64%), and February RBOB gasoline (RBG26) closed up +0.16 (+0.09%). Crude oil on Tuesday extended Monday’s rally on concern about oil risks related to Venezuela and Ukraine-Russia.  Other bullish factors included the weaker dollar and the slightly stronger stock market.  Crude prices have carry-over support … - [Nat-Gas Prices Soar on Incoming Cold Weather](https://todaymarkets.ae/nat-gas-prices-soar-on-incoming-cold-weather/): January Nymex natural gas (NGF26) on Tuesday closed up +0.443 (+11.17%). Jan nat-gas prices on Tuesday soared on heavy short-covering pressure after the plunge seen in mid-December.  Tuesday’s rally was sparked by colder forecasts for the East Coast.  Xweather forecasted that a storm system will bring cold temperatures through the Midwest and Eastern seaboard by … - [Corn Holds onto Gains](https://todaymarkets.ae/corn-holds-onto-gains/): Corn futures closed Tuesday with contracts fractionally to a penny higher. The CmdtyView national average Cash Corn price was up 1/2 cent to $4.03. The markets will close early on Wednesday and remain closed for Christmas on Thursday with a hard open at 8:30 am CST on Friday.  This morning’s USDA Export Sales update for the week … - [Wheat Sees Modest Strength](https://todaymarkets.ae/wheat-sees-modest-strength/): The wheat complex was mixed trade at the Tuesday close, with winter wheat contracts higher and spring wheat mixed. Chicago SRW futures were 1 to 2 cents higher on the day. KC HRW futures were up 6 to 7 cents in the nearbys. MPLS spring wheat saw fractionally mixed trade on Tuesday. Another update to … - [Coffee Prices See Support from Indonesian Flooding](https://todaymarkets.ae/coffee-prices-see-support-from-indonesian-flooding/): March arabica coffee (KCH26) on Tuesday closed down -0.40 (-0.12), and January ICE robusta coffee (RMF26) closed up +104 (+2.69%). Coffee prices on Tuesday closed mixed.  Coffee prices are supported by widespread flooding in Indonesia, which threatens the country’s coffee exports.  The flooding has affected about a third of Indonesia’s arabica coffee farms in northern … - [Cocoa Prices See Support from Expectations for Index-Related Buying](https://todaymarkets.ae/cocoa-prices-see-support-from-expectations-for-index-related-buying-2/): March ICE NY cocoa (CCH26) on Tuesday closed up +71 (+1.21%), and March ICE London cocoa #7 (CAH26) closed up +34 (+0.80%). NY cocoa prices closed higher on Tuesday on continued support from expectations for index-related buying tied to the addition of cocoa futures to the Bloomberg Commodity Index (BCOM) starting in January.  According to … - [Hong Kong Stocks Inch Higher Ahead of Early Market Close](https://todaymarkets.ae/hong-kong-stocks-inch-higher-ahead-of-early-market-close/): Hong Kong shares edged up 51 points, or 0.2%, to 25,824 in Wednesday morning trade, reversing mild losses from the prior session after Wall Street’s S&P 500 closed at a fresh high overnight as data showed the U.S. economy grew at its fastest pace in two years. Investors weighed reports that China plans to step … - [Australian Shares Drop After RBA Minutes](https://todaymarkets.ae/australian-shares-drop-after-rba-minutes/): The S&P/ASX 200 fell 0.5% to around 8,754 on Wednesday, reversing gains after reaching its highest level in over a month, following the Reserve Bank of Australia’s December meeting minutes. The minutes showed policymakers weighing a potential 2026 rate hike, while RBA Governor Bullock signaled a hawkish stance, warning hikes may be needed if inflation … - [Platinum Hits Fresh High](https://todaymarkets.ae/platinum-hits-fresh-high/): Platinum futures surged past $2,300 per ounce, hitting a record high, driven by tight supply and strong investment demand. The metal has now risen for a 10th consecutive session, its longest streak since 2017, and has gained over 150% this year, marking the largest annual advance since at least 1987. More than 600,000 ounces are … - [US 10-Year Yield Declines](https://todaymarkets.ae/us-10-year-yield-declines/): The yield on the 10-year US Treasury note fell to around 4.16% on Wednesday, pulling back after testing the September highs in the previous session, as investors continued to bet on further Federal Reserve easing next year. Market pricing reflects expectations for up to two additional rate cuts in 2026. This comes despite initial Q3 … - [South Korean Won Hits Over 1-Month High](https://todaymarkets.ae/south-korean-won-hits-over-1-month-high/): The South Korean won climbed 1.5% to around 1,457 per dollar on Wednesday, recovering from multi-month lows to its strongest level in over a month, amid policy support from the National Pension Service and the Bank of Korea. The NPS, in consultation with foreign-exchange authorities, carried out strategic foreign exchange hedging operations and adjusted overseas … - [NZX50 Ends Marginally Higher](https://todaymarkets.ae/nzx50-ends-marginally-higher/): The S&P/NZX 50 index edged up 0.1% to close at 13,529 on Wednesday, extending a flat performance from the previous session amid a lack of market drivers and shortened trading hours ahead of Christmas Eve. Trading was thin as the market approached the holiday, with New Zealand markets closed on December 25 and 26. Gains … - [Silver Climbs to All-Time High](https://todaymarkets.ae/silver-climbs-to-all-time-high/): Silver climbed past $72 per ounce on Wednesday, advancing for the fourth straight session to reach a fresh high, driven by expectations of US rate cuts and safe-haven demand. Traders are currently pricing in the possibility of two interest rate reductions next year, as mixed economic indicators heightened expectations of Federal Reserve easing. Although third-quarter … - [Japan 10Y Yield Hovers Near 27-Year High](https://todaymarkets.ae/japan-10y-yield-hovers-near-27-year-high/): Japan’s 10-year government bond yield traded around 2%, near its highest level in twenty-seven years, as investor concern mounted over the country’s expansionary fiscal policies. The FY2026 budget, likely exceeding ¥122 trillion, will require bond issuance above last year’s ¥28.6 trillion, alongside a ¥21.3 trillion stimulus aimed at easing household costs, fueling concerns over Japan’s … - [Offshore Yuan Hits Fresh 15-Month Peak](https://todaymarkets.ae/offshore-yuan-hits-fresh-15-month-peak/): The offshore yuan strengthened to around 7.01 per dollar on Wednesday, hitting a fresh fifteen-month high, driven by the strong official midpoint fixing and seasonal year-end demand. Exporters typically convert more foreign currency into yuan at year-end to meet payments and administrative requirements, a trend that could extend into January ahead of the Lunar New … - [Palm Oil Steadies Near MYR 4,030 Ahead of Christmas Break](https://todaymarkets.ae/palm-oil-steadies-near-myr-4030-ahead-of-christmas-break/): Malaysian palm oil futures were little changed on Wednesday, hovering near MYR 4,030 after gains in the prior two sessions, as trading thinned ahead of Thursday’s Christmas holiday. A firmer ringgit capped upside, though stronger rival edible oils in Dalian and Chicago lent support. Meanwhile, export data sent mixed signals: cargo surveyor Intertek Testing Services … - [Today Markets - Market Summary](https://todaymarkets.ae/today-markets-market-summary/): The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided … - [Novo Nordisk - There Were Risks, Now it's Time For Opportunities](https://todaymarkets.ae/novo-nordisk-there-were-risks-now-its-time-for-opportunities/): Novo Nordisk shares remain clearly below the peaks of a few years ago, but today’s session is seeing solid gains. On the wave of news from the FDA, shares of the Danish pharmaceutical company are rising by over 9%.The direct catalyst for today’s increase is the FDA (Food and Drugs Administration) decision regarding the approval of … - [Novo Nordisk Gains 7% as European Indices Consolidate at Highs](https://todaymarkets.ae/novo-nordisk-gains-7-as-european-indices-consolidate-at-highs/): European equity markets remain in cautious consolidation near historical highs ahead of the calm holiday period. The Stoxx Europe 600 index gains 0.25%, Germany’s DAX rises 0.10%, and Switzerland’s SUI20 is up more than 0.50%. Other European indices post slight losses in the range of 0.00–0.20%. European indices are supported by gains in pharmaceutical stocks. … - [Trade of The Day - EUR/AUD](https://todaymarkets.ae/trade-of-the-day-eur-aud/): Facts: Recommendation: Source: xStation5 Opinion: The end of recent pressure on technology stocks has revived risk appetite in global markets. The Australian dollar has once again become one of the main beneficiaries of improved sentiment, though its upside potential extends beyond the short-term trend. Today’s RBA minutes confirmed a rise in hawkish sentiment within the … - [DAX at Over 1-Month High](https://todaymarkets.ae/dax-at-over-1-month-high/): Frankfurt’s DAX traded slightly above the flatline around 24,305 in the final full session of the Christmas week, its highest level since November 12, with European peers mixed. On the macro front, investors will be keeping an eye on a batch of US economic data, including GDP, durable goods orders and industrial production, to gauge … - [FTSE 100 Steadies Ahead of Christmas](https://todaymarkets.ae/ftse-100-steadies-ahead-of-christmas/): The FTSE 100 was flat to slightly higher on Tuesday, attempting to stabilize after ending the previous session down 0.3%. Gains were led by the healthcare sector, where sentiment improved following positive industry news. Novo Nordisk shares rallied after the company received US approval to sell an oral version of its blockbuster obesity drug Wegovy, … - [Iron Ore Holds Rebound from 5-Month Low](https://todaymarkets.ae/iron-ore-holds-rebound-from-5-month-low/): Iron ore futures rose were at CNY 780 per tonne, holding the rebound from the five-month low of CNY 755 on December 12th, as a pullback in output from major suppliers offset a muted demand backdrop for ferrous metals. Chinese steel mills remained with limited buying options for their iron feedstock as firms operating under … - [France 10-Year OAT Yields Ease Slightly](https://todaymarkets.ae/france-10-year-oat-yields-ease-slightly/): France’s 10-year OAT yield marginally fell to 3.56%, retreating from a 14-year high of 3.6% hit on December 22, as the global bond selloff paused. Despite the short-term dip, yields remain elevated amid fiscal uncertainty and a budget impasse. Lawmakers failed to agree on the 2026 budget last Friday, prompting Prime Minister Lecornu to push … - [Steel Rebar Set to Drop 7% in 2025](https://todaymarkets.ae/steel-rebar-set-to-drop-7-in-2025/): Steel rebar futures in China were at CNY 3,085 per tonne, maintaining most of the pullback from the over-three-month high of CNY 3,118 earlier in December, and set to close the year around 7% lower amid soft demand for ferrous metals. China’s NBS Construction PMI reflected a fourth consecutive contraction in October to reflect the … - [Chart of The Day - GOLD](https://todaymarkets.ae/chart-of-the-day-gold-6/): Gold continues its wave of dynamic gains, adding 0.82% today. The price of gold briefly approached another major milestone at 4,500 USD per ounce (4,495 USD). The rally is supported by a clear increase in demand for safe-haven assets and ongoing geopolitical turbulence during Donald Trump’s presidency. The immediate catalyst remains rising geopolitical uncertainty, including tensions between the US … - [U.S. GDP expected to highlight steady growth in Q3](https://todaymarkets.ae/u-s-gdp-expected-to-highlight-steady-growth-in-q3/): The United States (US) Bureau of Economic Analysis (BEA) will publish the first preliminary estimate of the third-quarter Gross Domestic Product (GDP) on Tuesday, at 13:30 GMT. Analysts expect the data to show annualized growth of 3.2%, following the 3.8% expansion in the previous quarter. Markets expect solid GDP expansion to continue in the three … - [German Import Prices Rise the Most in 20 Months](https://todaymarkets.ae/german-import-prices-rise-the-most-in-20-months/): Germany’s import prices fell by 1.9% year-on-year in November 2025, following a 1.4% decline in the previous month. This marked the eighth consecutive month of falling import prices and the steepest drop since March 2024, driven largely by a sharp decline in energy costs (-15.7%), particularly in crude oil (-21.7%), hard coal (-20.9%), electricity (-10.6%), … - [DOGE eyes breakout as falling wedge and bullish on-chain signals align](https://todaymarkets.ae/doge-eyes-breakout-as-falling-wedge-and-bullish-on-chain-signals-align/): Dogecoin (DOGE) is trading within a falling wedge pattern at around $0.13 on Tuesday, and a breakout of this pattern favors bulls. While broader market conditions still remain mixed, improving on-chain and derivatives signals suggest growing optimism among traders, raising the possibility of an upside breakout if momentum continues to build. Dogecoin’s onchain and derivatives … - [EU Car Registrations Rise 2.1% in November](https://todaymarkets.ae/eu-car-registrations-rise-2-1-in-november/): Passenger car registrations in the European Union climbed 2.1% year on year to 887,491 units in November 2025, following a 5.8% rise in October. This marked the fifth consecutive month of growth, with two of the EU’s four largest markets recording gains. Registrations in Spain rose 12.9%, while those in Germany increased by 2.5%. Meanwhile, … - [Copper Pulls Back Amid Market Caution](https://todaymarkets.ae/copper-pulls-back-amid-market-caution/): Copper futures hovered around $5.4 per pound, easing from a recent high after a months-long surge, as analysts noted that broader demand outside EVs, AI, and renewable infrastructure remains relatively soft. The metal is on track for its strongest annual gain since 2009, up roughly 36.7% this year, as supply concerns dominate. Disruptions at major … - [EUR/GBP declines below 0.8750 as UK GDP matches forecasts](https://todaymarkets.ae/eur-gbp-declines-below-0-8750-as-uk-gdp-matches-forecasts/): The EUR/GBP cross trades in negative territory for the fourth consecutive day near 0.8730 during the early European session on Tuesday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the Bank of England (BoE) delivered a widely expected rate cut but suggested that the bar for further reduction was high, given persistent inflation. The UK central bank cut … - [Nat-Gas Prices Fall on Warmer US Weather](https://todaymarkets.ae/nat-gas-prices-fall-on-warmer-us-weather/): January Nymex natural gas (NGF26) on Monday closed down -0.019 (-0.48%). Jan nat-gas prices fell on Monday amid warmer US weather, which will dampen heating demand for nat gas.  Commodity Weather is forecasting above-normal temperatures for much of the US, with a possibility of colder weather in the Midwest, East, and South later in December. … - [Live cattle futures see higher action](https://todaymarkets.ae/live-cattle-futures-see-higher-action/): Live cattle futures saw higher action on Monday, with contracts 32 cents to $1.07 in the green. Cash trade was softer last week at $228-229 across the country and $356-358 dressed. Feeder cattle futures closed the Monday with contracts 90 cents to $1.40 higher. Export Sales data showed 11,403 MT of beef sold in the week … - [Corn Starts the Holiday Week with Gains](https://todaymarkets.ae/corn-starts-the-holiday-week-with-gains/): Corn futures closed the Monday session with contracts 2 to 3 ¼ cents in the green. The CmdtyView national average Cash Corn price is up 3 1/2 cents to $4.03 1/2.  Monday morning’s Export Inspections report showed a total of 1.744 MMT (68.66 mbu) of corn shipped in the week of 12/18. That was 8.68% above the … - [Wheat complex posts higher trade](https://todaymarkets.ae/wheat-complex-posts-higher-trade/): The wheat complex posted higher trade on Monday, with contracts seeing gains across the three markets. Chicago SRW futures were up 5 to 6 cents on Monday. KC HRW futures were 6 to 7 cents in the green on the day. MPLS spring wheat was 2 cents higher. Export Inspections data showed wheat shipments at … - [Soybeans See Strength](https://todaymarkets.ae/soybeans-see-strength/): Soybeans posted Monday gains of 4 to 5 ½ cents as bulls were in a jollier mood to start the holiday week. The cmdtyView national average Cash Bean price was 4 1/4 cents higher at $9.83 3/4. Soymeal futures were 50 cents to $1 higher on Monday. Soy Oil futures were back up 58 to 67 points, with support from a … - [Sugar Prices See Support on Year-End Positioning](https://todaymarkets.ae/sugar-prices-see-support-on-year-end-positioning/): March NY world sugar #11 (SBH26) on Monday closed up +0.17 (+1.15%), and March London ICE white sugar #5 (SWH26) closed up +0.80 (+0.19%). Sugar prices on Monday continued higher on some short-covering ahead of the year-end Christmas and New Year’s holidays, a time of thin trading and reduced liquidity.  Sugar prices have rebounded higher … - [Coffee Prices Rally on Below-Normal Weekly Brazilian Rainfall](https://todaymarkets.ae/coffee-prices-rally-on-below-normal-weekly-brazilian-rainfall/): March arabica coffee (KCH26) on Monday closed up +6.70 (+1.97%), and January ICE robusta coffee (RMF26) closed up +88 (+2.33%). Coffee prices rallied after Somar Meteorologia on Monday reported that Brazil’s largest arabica coffee-growing area, Minas Gerais, received 38.3 mm of rain during the week ended December 19, or 76% of the historical average.   … - [Cocoa Prices See Support from Expectations for Index-Related Buying](https://todaymarkets.ae/cocoa-prices-see-support-from-expectations-for-index-related-buying/): March ICE NY cocoa (CCH26) on Monday closed up +42 (+0.72%), and March ICE London cocoa #7 (CAH26) closed down -15 (-0.35%). NY cocoa prices closed higher amid expectations for index-related buying tied to the addition of cocoa futures to the Bloomberg Commodity Index (BCOM) starting in January.  According to Citigroup, the inclusion of cocoa … - [Cotton Slips Lower](https://todaymarkets.ae/cotton-slips-lower/): Cotton futures were weaker on Monday, with contracts closing 1 to 14 points lower. Crude oil futures are $1.43 per barrel higher at $57.95. The US dollar index was back down $0.317 to $97.935.  USDA’s Export Sales report indicated a total of 153,266 RB of cotton sold in the week ending on December 4. That … - [Top Crypto Gainers: Humanity Protocol, Curve DAO, Convex Finance extend bullish trends](https://todaymarkets.ae/top-crypto-gainers-humanity-protocol-curve-dao-convex-finance-extend-bullish-trends/): Humanity Protocol (H) is up 40% over the last 24 hours while Curve DAO (CRV) and Convex Finance (CVX) edge higher by 10% each as the broader cryptocurrency market recovers. The bullish rebound in H, CRV, and CVX gains momentum as it approaches a crucial resistance level.  Humanity Protocol steadies after a 40% rise Humanity Protocol ticks … - [Gold scales record highs on geopolitical risks, US rate cut bets](https://todaymarkets.ae/gold-scales-record-highs-on-geopolitical-risks-us-rate-cut-bets/): Gold price (XAU/USD) climbs to a record high during the early European trading hours on Tuesday. The precious metal has risen 10% over the past month and nearly 70% in 2025 as heightened geopolitical tensions and economic uncertainty have boosted demand for safe-haven assets such as Gold.  Additionally, expectations that the US Federal Reserve (Fed) will cut … - [USD/CHF slips below 0.7900 ahead of Swiss ZEW Expectations survey](https://todaymarkets.ae/usd-chf-slips-below-0-7900-ahead-of-swiss-zew-expectations-survey/): USD/CHF extends its losses for the second consecutive day, trading around 0.7900 during the Asian hours on Tuesday. Traders are likely awaiting the Swiss ZEW Expectations survey for December due later in the day for fresh signals on business and employment conditions, which could offer fresh cues on the Swiss National Bank’s (SNB) rate outlook. Traders … - [Japanese Yen rises on Katayama's strong intervention warning, safe-haven flows](https://todaymarkets.ae/japanese-yen-rises-on-katayamas-strong-intervention-warning-safe-haven-flows/): The Japanese Yen (JPY) remains on the front foot against a broadly weaker US Dollar (USD) for the second consecutive day on Tuesday and seems poised to appreciate further. Japan’s Finance Minister Satsuki Katayama’s stronger intervention language turns out to be a key factor that provides a goodish lift to the JPY amid the year-end … - [Australian Dollar remains stronger as US Dollar weakens on Fed easing hopes](https://todaymarkets.ae/australian-dollar-remains-stronger-as-us-dollar-weakens-on-fed-easing-hopes/): The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Tuesday, following the release of the Reserve Bank of Australia (RBA) Minutes of its December monetary policy meeting. Additionally, the AUD/USD pair appreciated as the US Dollar (USD) faced challenges amid growing expectations that the Federal Reserve will continue easing policy, reinforced by President Donald Trump’s calls … - [EUR/USD Eyes 1.1800 barrier near two-month highs](https://todaymarkets.ae/eur-usd-eyes-1-1800-barrier-near-two-month-highs/): EUR/USD extends its gains for the second successive session, trading around 1.1780 during the Asian hours on Tuesday. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair moves upward within the ascending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) at 68.89 sits near overbought, signaling strong demand. RSI … - [AUD/JPY Softens near 104.00 amid intervention fears, broader uptrend prevails](https://todaymarkets.ae/aud-jpy-softens-near-104-00-amid-intervention-fears-broader-uptrend-prevails/): The AUD/JPY cross attracts some sellers near 104.05 during the early European session on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid the intervention fears. Japan’s Finance Minister Satsuki Katayama said on Tuesday that the official has a free hand in dealing with excessive moves in the Japanese Yen (JPY).  Earlier … - [Nat-Gas Prices Plunge on Ample Supplies and Warm US Temps](https://todaymarkets.ae/nat-gas-prices-plunge-on-ample-supplies-and-warm-us-temps/): February Nymex natural gas (NGG26) on Wednesday closed down -0.286 (-7.20%), Feb nat-gas sold off sharply to a 2-month nearest-futures low on Wednesday after weekly storage levels fell less than expected.  The EIA reported Wednesday that nat-gas inventories fell -38 bcf for the week ended December 26, a smaller draw than expectations of -51 bcf. … - [Crude Prices Fall on Abundant Supplies and Dollar Strength](https://todaymarkets.ae/crude-prices-fall-on-abundant-supplies-and-dollar-strength/): February WTI crude oil (CLG26) on Wednesday closed down -0.53 (-0.91%), and February RBOB gasoline (RBG26) closed down -0.0180 (-1.04%). Crude oil and gasoline prices gave up an early advance and retreated on Wednesday on a mostly bearish weekly EIA inventory report.  Also, Wednesday’s rally in the dollar index (DXY00) to a 1-week high was … - [Soybeans Collapse into the End of the Year](https://todaymarkets.ae/soybeans-collapse-into-the-end-of-the-year/): Soybeans fell to pressure on the New Years Eve session, with contracts down 13 to 16 cents at the close. There were 1,062 deliveries issued against January beans on FND.  The cmdtyView national average Cash Bean price as 15 ¼ cents lower at $9.64 3/4. Soymeal futures were $1.50 to $2.90/ton lower, with Soy Oil futures down 77 to 88 points … - [Corn Slips into the 2025 Close](https://todaymarkets.ae/corn-slips-into-the-2025-close/): Corn futures closed the Wednesday session with steady to fractionally lower trade to wind down 2025. The CmdtyView national average Cash Corn price was down another 1 ½ cents at $3.96 1/4. The market will be closed on Thursday for New Years Day, with a hard open at 8:30 am CST on Friday.  Commitment of Traders data … - [Year-End Short Covering Boosts Sugar Prices](https://todaymarkets.ae/year-end-short-covering-boosts-sugar-prices/): March NY world sugar #11 (SBH26) on Wednesday closed up +0.17 (+1.15%).  March London ICE white sugar #5 (SWH26) closed up +1.50 (+0.35%). Sugar prices recovered from 1-week lows on Wednesday and settled higher on some year-end fund short covering.   Sugar prices initially fell on Wednesday after the dollar index (DXY00) rose to a … - [Arabica Coffee Gives Up Early Gains as the Dollar Rallies](https://todaymarkets.ae/arabica-coffee-gives-up-early-gains-as-the-dollar-rallies/): March arabica coffee (KCH26) on Wednesday closed down -1.45 (-0.41%).  March ICE robusta coffee (RMH26) closed up +4 (+0.10%). Coffee prices on Wednesday gave up an early advance and settled mixed, with robusta posting a 2.5-week high.  Coffee prices fell back from their best levels on Wednesday, with arabica falling into negative territory after the … - [Cocoa Prices Settle Slightly Higher on Consolidation](https://todaymarkets.ae/cocoa-prices-settle-slightly-higher-on-consolidation/): March ICE NY cocoa (CCH26) on Wednesday closed up +2 (+0.03%).  March ICE London cocoa #7 (CAH26) closed up +11 (+0.25%). Cocoa prices settled slightly higher on Wednesday, consolidating below Monday’s 2-week highs.  London cocoa posted bigger gains on Wednesday after the British pound (^GBPUSD) fell to a 1-week low, boosting cocoa priced in sterling. … - [FTSE100 at New High](https://todaymarkets.ae/ftse100-at-new-high/): UK FTSE100 index hit historic high yesterday, driven by mining and metals sectors and aerospace & defense.  London stocks are slightly lower today, with the FTSE 100 expected to give back a small portion of its strong year-to-date run after hitting fresh records on Tuesday 30 December. The rally in 2025 has been powerful. The FTSE 100 is … - [Investors trim US equity exposure into year-end – BNY](https://todaymarkets.ae/investors-trim-us-equity-exposure-into-year-end-bny/): Despite improving risk appetite into year-end, investors have used the rebound to scale back exposure to previously top-performing equity markets, with US portfolio weightings falling notably from early-year peaks, BNY’s economists report. Emerging markets gain share “Despite the general recovery in risk appetite toward year end, our data indicate that investors have used the recovery … - [USD still overvalued against all of the other currencies – Société Générale](https://todaymarkets.ae/usd-still-overvalued-against-all-of-the-other-currencies-societe-generale/): Despite notable gains across major currencies this year, purchasing power parity measures show the US Dollar (USD) remains overvalued versus its peers, with limited upside for Euro (EUR) and growing downside risks emerging most clearly in GBP/AUD as relative rate support erodes heading into 2026, Société Générale’s FX Kit Juckes analyst notes. Broad FX gains … - [USD/JPY rises to near 156.60 as US Dollar Index refreshes weekly high](https://todaymarkets.ae/usd-jpy-rises-to-near-156-60-as-us-dollar-index-refreshes-weekly-high/): The USD/JPY pair trades 0.2% higher to near 156.60 during the late Asian trading session on Wednesday. The pair gains as the US Dollar (USD) trades higher, following the release of the Federal Open Market Committee (FOMC) minutes of the December policy meeting showed on Tuesday. At the press time, the US Dollar Index (DXY), … - [GBP/USD Price Tests 1.3450 support after moving below nine-day EMA](https://todaymarkets.ae/gbp-usd-price-tests-1-3450-support-after-moving-below-nine-day-ema/): GBP/USD remains subdued for the second consecutive day, trading around 1.3460 during the Asian hours on Wednesday. The technical analysis of the daily chart indicates a weakening of a bullish bias as the pair is positioned slightly below the lower boundary of the ascending channel pattern. The nine-day Exponential Moving Average (EMA) trends above the … - [EUR/JPY Holds steady with bullish momentum, resistance above 185.00 eyed](https://todaymarkets.ae/eur-jpy-holds-steady-with-bullish-momentum-resistance-above-185-00-eyed/): The EUR/JPY cross trades on a flat note near 183.80 during the early European session on Wednesday. Earlier this week, the Bank of Japan’s (BoJ) December meeting “Summary of Opinions” showed several board members advocating for a continued tightening path and additional rate hikes in 2026. The Japanese Yen (JPY) initially strengthened against the Euro (EUR) following the report. … - [EUR/GBP softens below 0.8750 as BoE hints at a slower pace for future cuts](https://todaymarkets.ae/eur-gbp-softens-below-0-8750-as-boe-hints-at-a-slower-pace-for-future-cuts/): The EUR/GBP cross softens to around 0.8720 during the early European session on Wednesday. A cautious tone surrounding the Bank of England’s (BoE) policy outlook could provide some support to the Pound Sterling (GBP) against the Euro (EUR). Trading volumes are expected to remain thin ahead of the New Year holidays. The UK central bank reduced interest rates from 4.0% … - [USD/CHF rises toward 0.7950 as FOMC Minutes signal pause in rate cuts](https://todaymarkets.ae/usd-chf-rises-toward-0-7950-as-fomc-minutes-signal-pause-in-rate-cuts/): USD/CHF extends its winning streak for the fourth consecutive day, trading around 0.7930 during the early European hours on Wednesday. The pair appreciates as the US Dollar continues to gain ground after the release of the Federal Open Market Committee (FOMC) December Meeting Minutes on Tuesday. FOMC Minutes indicated a deeply divided committee, with most … - [Chart of The Day - Silver.XAG](https://todaymarkets.ae/chart-of-the-day-silver-xag/): Silver is falling again after yesterday’s brief rebound. The price is currently down 5.30% to 72.130 USD, testing both the 23.6% Fibonacci retracement of the latest upward move and the 50-period SMA on the H4 interval. The pullback is a continuation of Monday’s sell-off linked to higher margin requirements — the increase in the maintenance … - [Copper Retreats Amid Year-End Profit-Taking](https://todaymarkets.ae/copper-retreats-amid-year-end-profit-taking/): Copper futures fell more than 1% to around $5.7 per pound in the final session of the year, as investors participated in year-end profit taking following a strong rally. Despite the pullback, copper is on track to post its largest annual gain since 2009, emerging as the top-performing base metal. The metal has benefited from … - [US Futures Slip, Stocks Still Poised for Strong 2025 Close](https://todaymarkets.ae/us-futures-slip-stocks-still-poised-for-strong-2025-close/): US stock futures fell slightly on Wednesday after Wall Street indexes slipped for a third straight session on Tuesday, as investors rotated out of big tech. Sentiment was rattled by the Federal Reserve’s December meeting minutes, which revealed divisions over the recent rate cut, with some officials favoring holding rates steady “for some time” amid … - [Economic Calendar - Initial Jobless Claims in Focus](https://todaymarkets.ae/economic-calendar-initial-jobless-claims-in-focus/): Today’s macroeconomic calendar is very light due to the ongoing post-holiday period. However, there are two publications worth noting. The first will be the weekly jobless claims report. Its release has been moved forward from tomorrow due to the public holiday. The second notable publication will be the EIA crude oil inventories report. Nevertheless, volatility … - [Nat-Gas Prices Give Up Early Gains as US Weather Forecasts Warm](https://todaymarkets.ae/nat-gas-prices-give-up-early-gains-as-us-weather-forecasts-warm/): February Nymex natural gas (NGG26) on Tuesday closed down -0.014 (-0.35%), Feb nat-gas on Tuesday gave up an early advance and settled lower after forecasts for warmer US weather signaled reduced heating demand for nat-gas and sparked long liquidation in nat-gas futures.  Forecaster Atmospheric G2 said Tuesday that forecasts shifted warmer over much of the … - [Wheat Falls](https://todaymarkets.ae/wheat-falls/): The wheat market closed with losses across all three exchanges on Tuesday. Chicago SRW futures were 2 to 3 cents lower at the close. KC HRW futures were down 5 to 6 cents on Tuesday. MPLS spring wheat was fractionally lower on the day. The market will be closed on Thursday for New Years Day, … - [Soybean contracts were down fractionally to 3 1/4 cents](https://todaymarkets.ae/soybean-contracts-were-down-fractionally-to-3-1-4-cents/): Soybeans closed Tuesday with weakness, as contracts were down fractionally to 3 1/4 cents. The cmdtyView national average Cash Bean price was 3/4 cent lower at $9.80. Soymeal futures were steady to $2.10/ton lower, with Soy Oil futures up 7 to 15 points on the day. USDA reported a private export sale of 136,000 MT of soybeans to China this morning, … - [Corn Weakness Extends](https://todaymarkets.ae/corn-weakness-extends/): Corn futures slid into the Tuesday close, with contracts down 1 to 3 cents across most front months. The CmdtyView national average Cash Corn price was down another penny at $3.98 3/4.  USDA will release their Export Sales report on Wednesday morning. The market will be closed on Thursday for New Years Day, with a hard open … - [Arabica Coffee Erases Early Gains on Dollar Strength](https://todaymarkets.ae/arabica-coffee-erases-early-gains-on-dollar-strength/): March arabica coffee (KCH26) on Tuesday closed down -1.95 (-0.55%).  March ICE robusta coffee (RMH26) closed up +62 (+1.57%). Coffee prices on Tuesday climbed to 2-week highs, but fell back from their best levels and settled mixed with arabica coffee falling into negative territory.  Tuesday’s rally in the dollar index (DXY00) to a 1-week high … - [Cocoa Prices Retreat on Long Liquidation Pressures](https://todaymarkets.ae/cocoa-prices-retreat-on-long-liquidation-pressures/): March ICE NY cocoa (CCH26) on Tuesday closed down -179 (-2.87%).  March ICE London cocoa #7 (CAH26) closed down -126 (-2.80%). Cocoa prices retreated on Tuesday, giving back some of Monday’s sharp gains.  Tuesday’s rally in the dollar index (DXY00) to a 1-week high spurred long liquidation pressures in cocoa futures.   On Monday, cocoa … - [Dollar Strength Weighs on Sugar Prices](https://todaymarkets.ae/dollar-strength-weighs-on-sugar-prices-2/): March NY world sugar #11 (SBH26) on Tuesday closed down -0.42 (-2.75%).  March London ICE white sugar #5 (SWH26) closed down -8.60 (-1.98%). Sugar prices slid to 1-week lows on Tuesday and settled sharply lower.  Tuesday’s rally in the dollar index (DXY00) to a 1-week high pressured most commodity prices, including sugar. On Monday, NY … - [Cotton Closes Mixed, with Steady Trade](https://todaymarkets.ae/cotton-closes-mixed-with-steady-trade/): Cotton futures slipped back on Tuesday, with contracts closing within 5 points of unchanged. Crude oil futures were down 13 cents per barrel at $57.95. The US dollar index was up $0.188 at $97.920.  The Seam’s online auction showed sales of 23,018 bales on December 29 at an average price of 59.79 cents/lb. The Cotlook … - [Can the S&P 500 Bull Market Last Through 2026?](https://todaymarkets.ae/can-the-sp-500-bull-market-last-through-2026/) - [S&P 500’s Historic 3-Year Rally Enters 2026](https://todaymarkets.ae/sp-500s-historic-3-year-rally-enters-2026/) - [China’s Factory Activity Unexpectedly Grows](https://todaymarkets.ae/chinas-factory-activity-unexpectedly-grows/): The RatingDog China General Manufacturing PMI unexpectedly increased to 50.1 in December 2025 from November’s four-month low of 49.9, beating market forecasts of 49.8. The latest reading indicated a slight increase in factory activity, supported by higher inflows of new work despite a modest decline in new export sales. However, the improvement in demand was … - [Offshore Yuan Poised for Biggest Annual Gain Since 2020](https://todaymarkets.ae/offshore-yuan-poised-for-biggest-annual-gain-since-2020/): The offshore yuan appreciated past 6.98 per dollar on Wednesday, remaining near the fifteen-month high reached in the previous session and on track for its biggest annual gain since 2020, as better-than-expected PMI data bolstered market sentiment. Official data showed China’s composite PMI rose to a six-month high of 50.7 in December 2025, with the … - [Chinese Stocks Set for Biggest Annual Gains in Years](https://todaymarkets.ae/chinese-stocks-set-for-biggest-annual-gains-in-years/): The Shanghai Composite traded flat around 3,969, poised for its strongest annual gain since 2019, while the Shenzhen Component was muted around 13,601 and on track for its biggest yearly rise since 2020 on Wednesday, as better-than-expected PMI figures boosted market sentiment. Official data showed the composite PMI climbed to a six-month high of 50.7 … - [Dollar Set for Sharpest Annual Loss Since 2017](https://todaymarkets.ae/dollar-set-for-sharpest-annual-loss-since-2017/): The US dollar held steady 98.2 on the final trading day of 2025, remaining close to its lowest level since early October and on track for its largest annual decline since 2017. Over the year, the greenback has fallen 9.4%, reflecting a turbulent period that began with President Donald Trump’s chaotic rollout of tariffs. Expectations … - [New Zealand Shares Close Flat](https://todaymarkets.ae/new-zealand-shares-close-flat/): The S&P/NZX 50 finished at 13,548 on Wednesday, largely flat on the final session of the year. Thin trading ahead of the New Year kept the market subdued with limited activity. Although, the index declined modestly in earlier trading after tracking overnight Wall Street losses. Across the bourse, key sectors delivered a mixed performance, with … - [Palm Oil Poised for Annual Loss in 2025](https://todaymarkets.ae/palm-oil-poised-for-annual-loss-in-2025/): Malaysian palm oil futures fell below MYR 4,060 per tonne on Wednesday, the final trading day of 2025, rattled by weaker rival oils on the Chicago market amid thin holiday trading. The decline came despite early signs of stabilization in exports, with cargo surveyors noting palm oil shipments during December 1–25 rose between 1.6% and … - [Silver Pulls Back on Profit-Taking](https://todaymarkets.ae/silver-pulls-back-on-profit-taking/): Silver fell more than 5% to $72 per ounce on Wednesday, pulling back sharply from gains as investors cashed in on year-end profits. The metal recorded a notable rally in 2025, briefly exceeding $80 per ounce, underpinned by constrained supply and low inventories. Over the year, silver emerged as one of the strongest performing commodities, … - [Sensex Poised for 8.7% Gain in 2025](https://todaymarkets.ae/sensex-poised-for-8-7-gain-in-2025/): The BSE Sensex rose 242 points, or 0.3%, to 84,917 in morning trade on the last trading day of 2025, snapping a five-session losing streak, mainly buoyed by gains in metal stocks after the government imposed a three-year import tariff on select steel products. Metal stocks rose 1.2%, led by JSW Steel (4.0%), Jindal Steel … - [Hang Seng Dips in Final Session, Ends Year with Almost 28% Gain](https://todaymarkets.ae/hang-seng-dips-in-final-session-ends-year-with-almost-28-gain/): The Hang Seng slipped 224 points, or 0.9%, to close early at 25,630 on the final trading day of 2025, as markets closed early ahead of the New Year. The index reversed the prior session’s strength as losses spread across all sectors, with tech, consumer, and financial stocks leading the declines. Still, the index posted … - [China Front-Loads 2026 Investment to Boost Growth](https://todaymarkets.ae/china-front-loads-2026-investment-to-boost-growth/): Beijing unveiled early investment plans for 2026, signaling a renewed push to bolster China’s economic growth through infrastructure spending. The National Development and Reform Commission (NDRC) announced on Wednesday two major construction projects backed by about CNY 295 billion in central budget funding, alongside approvals for several large-scale initiatives, including Guangzhou’s new airport, water resource … - [Sensex Muted as Year-End Approaches](https://todaymarkets.ae/sensex-muted-as-year-end-approaches/): India’s BSE Sensex closed virtually unchanged at 84,675.1 on Tuesday, as investors remained reluctant to make any major moves in the last few trading sessions of 2025. At the same time, persistent foreign capital outflows kept overall sentiment subdued. Meanwhile, attention turned to the release of the latest FOMC minutes later in the day for … - [Copper Rebounds Toward Record High](https://todaymarkets.ae/copper-rebounds-toward-record-high/): Copper futures in the US rose past $5.6 per pound, not far from the record high of $5.8 tested on December 26th, set to gain 45% this year as traders resumed drawing metal to the US ahead of growing supply risks. Copper output has been pressured by halted operations in Freeport-McMoRan’s Grasberg mine in Indonesia, … - [Spain Posts Largest Current Account Surplus on Record](https://todaymarkets.ae/spain-posts-largest-current-account-surplus-on-record/): Spain’s current account surplus widened to EUR 7.18 billion in October 2025, up from EUR 4.87 billion a year earlier, according to preliminary data. This was the largest current account surplus since available records began in January 1969, as the goods and services surplus increased to EUR 7.50 billion from EUR 6.91 billion, on stronger … - [Spain’s Retail Sales Surge to Strongest Growth Since June](https://todaymarkets.ae/spains-retail-sales-surge-to-strongest-growth-since-june/): Spain’s retail trade growth accelerated to 6.0% year-on-year in November 2025, up from a revised 3.9% in October, marking the fastest pace since June. Gains were broad-based, with stronger sales in household equipment (6.0% vs 3.8%), cultural and recreation goods (4.9% vs 1.1%), and other goods in specialized stores (5.7% vs 2.9%). Sales via stalls … - [UK 10-Year Gilt Yield Falls to Over 3-Week Low](https://todaymarkets.ae/uk-10-year-gilt-yield-falls-to-over-3-week-low/): The UK 10-year gilt yield fell to 4.48%, the lowest in more than three weeks, as market expectations for further monetary easing moderated. The Bank of England cut its main rate by 25 basis points to 3.75% in December, in a narrow 5-4 vote reflecting ongoing inflation concerns. While headline inflation eased to 3.2% in … - [Silver Pops 3% as Buyers Move in After the Crash](https://todaymarkets.ae/silver-pops-3-as-buyers-move-in-after-the-crash/): Silver is gradually recovering today after yesterday’s biggest crash in many years, during which prices plunged from nearly $84 per ounce to around $70.5. The metal is now trading near $74, while the hourly RSI has climbed above 50, suggesting that short-term selling pressure may be fading. Price is consolidating between the 23.6% and 38.2% Fibonacci retracement levels of the latest upswing. A move … - [Lack of Momentum Stalls Stock Market Gains While Silver Stabilizes](https://todaymarkets.ae/lack-of-momentum-stalls-stock-market-gains-while-silver-stabilizes/): It’s the penultimate trading day of 2025, and the overriding theme is that global stock indices have lost momentum into year end. There are plenty of reasons for this, including decent returns for 2025, and investors waiting to make big trading decisions until after the Christmas break. But perhaps the most powerful reason is that … - [Trade of The Day - OIL.WTI](https://todaymarkets.ae/trade-of-the-day-oil-wti-7/): Facts: Trade: Short position on OIL.WTI at market price OIL.WTI (D1) Source: xStation5 Opinion: Oil has had a weak year, and everything indicates that the next year will be even worse for raw material producers. Signals of prolonged and deep oversupply of raw material are coming from all empirical sources, the raw material has no … - [Economic Calendar - All Eyes on FOMC Minutes](https://todaymarkets.ae/economic-calendar-all-eyes-on-fomc-minutes/): The focal point of today’s macroeconomic calendar will be the minutes from the latest FOMC meeting. Despite the dovish tone of the Fed Chair’s press conference and the lack of major concerns regarding inflation or the impact of a potential US government shutdown, the market remains fairly conservative about the Fed’s expected stance in Q1 2026 … - [Spanish CPI Higher Than Expected](https://todaymarkets.ae/spanish-cpi-higher-than-expected/): 08:00 AM BST, Spain – Inflation Data for December: 08:00 AM BST, Spain – Retail Sales Data for November: Aside from marginally higher CPI, the highest since June retail sales data secured the recovery of the contract above its 30-hour exponential moving average (light purple). It was also the first increase in the growth rate after 4 months of a consecutive slowdown. Source: … - [EUR/USD hesitates as growing geopolitical risks weigh](https://todaymarkets.ae/eur-usd-hesitates-as-growing-geopolitical-risks-weigh/): EUR/USD is practically flat on Tuesday, trading near 1.1770 at the time of writing amid the current market lull ahead of the New Year holiday. The common currency has found support not far from the three-month highs in the 1.1800 area, but the rising geopolitical tensions are weighing on risk appetite on thinned year-end trading, keeping … - [EUR/GBP slips to near 0.8700 due to BoE caution, Ukraine tensions](https://todaymarkets.ae/eur-gbp-slips-to-near-0-8700-due-to-boe-caution-ukraine-tensions/): EUR/GBP extends its losses for the second successive session, trading around 0.8710 during the European hours on Tuesday. Volumes are expected to be thin due to the year-end holiday. Traders are also monitoring geopolitical tensions as uncertainty over the Ukraine-Russia peace process resurfaced. Russia’s foreign minister said Moscow’s negotiating stance would shift following alleged strikes … - [Pound Sterling flattens against US Dollar as markets turn to FOMC Minutes](https://todaymarkets.ae/pound-sterling-flattens-against-us-dollar-as-markets-turn-to-fomc-minutes/): The Pound Sterling (GBP) trades flat around 1.3500 against the US Dollar (USD) during the European trading session on Tuesday, close to an over three-month high of 1.3535 posted last week. The GBP/USD pair consolidates as the US Dollar wobbles ahead of the release of Federal Open Market Committee (FOMC) Minutes of the December meeting, which will … - [Silver extends historic rally into 2025 – Société Générale](https://todaymarkets.ae/silver-extends-historic-rally-into-2025-societe-generale/): Silver prices have surged sharply in 2025, up almost 150% and most industry analysts argue for fundamentally justified reasons, Société Générale’s analysts note. Holiday volatility amplifies price swings “We expected the holiday period to experience bouts of extreme volatility given the lower liquidity, but prices were expected to rise over the holiday period. Specifically, in our … - [U.S. Futures Drift Lower Ahead of Fed Minutes](https://todaymarkets.ae/u-s-futures-drift-lower-ahead-of-fed-minutes/): U.S. stock futures eased slightly on Tuesday after Wall Street ended in the red Monday, as tech shares retreated from last week’s rally amid thin holiday trading. Still, equities are poised to close 2025 near record highs, posting double-digit gains in a year shaped by tariff disputes and shifting central bank policies. Attention now turns … - [TRX steadies as Justin Sun invests $18 million in Tron Inc.](https://todaymarkets.ae/trx-steadies-as-justin-sun-invests-18-million-in-tron-inc/): Tron (TRX) trades above $0.2800 at press time on Monday, hovering below the 50-day Exponential Moving Average (EMA) at $0.2859. Justin Sun, founder of Tron, made an $18 million equity investment in Nasdaq-listed Tron Inc. (previously SRM Entertainment, Inc.) on Monday to boost its TRX treasury holdings further. On the technical side, momentum indicators are … - [SOL risks correction within descending wedge as bearish bets rise](https://todaymarkets.ae/sol-risks-correction-within-descending-wedge-as-bearish-bets-rise/): Solana (SOL) hovers above $120 at press time on Tuesday after a nearly 2% decline on Monday. The SOL-focused Exchange Traded Funds (ETFs) see renewed interest after recording their lowest weekly inflow last week. However, the derivatives data indicates a sell-side inclination in traders’ sentiment amid rising SOL futures Open Interest. Institutions bag SOL as … - [WTI gains momentum above $57.50 amid increasing geopolitical tensions](https://todaymarkets.ae/wti-gains-momentum-above-57-50-amid-increasing-geopolitical-tensions/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.85 during the early European trading hours on Tuesday. The WTI price extends the rally amid the lack of a breakthrough on a peace deal in Ukraine and geopolitical risks.  US President Donald Trump said on Sunday that he made “a lot of progress” in … - [XAG/USD rises to near $74.50 within overbought zone](https://todaymarkets.ae/xag-usd-rises-to-near-74-50-within-overbought-zone/): Silver price (XAG/USD) gains more than 2% after registering a steep drop of more than 7% in the previous session, trading around $74.40 per troy ounce during the early European hours on Tuesday. Traders engaged in aggressive profit-taking after the XAG/USD pair hit a record high of $85.87 in the previous session. The technical analysis of … - [Russia Private Sector Stagnates in December](https://todaymarkets.ae/russia-private-sector-stagnates-in-december/): Russia’s S&P Global Composite PMI came in at 50.0 in December 2025, little changed from 50.1 in the previous month, pointing to broad stagnation in private-sector activity. A deeper contraction in manufacturing output was largely offset by a faster expansion in services activity, leaving overall growth flat. New orders rose modestly, increasing for the first … - [Nikkei 225 Posts 28% Annual Jump, Extends Three-Year Rally](https://todaymarkets.ae/nikkei-225-posts-28-annual-jump-extends-three-year-rally/): The Nikkei 225 rose 132 points, or 0.25%, to close at 50,420 on Tuesday, the final trading day of the year, reversing previous losses and securing a robust 28.1% gain for 2025. It marked the index’s third straight annual advance, supported by Japan’s steady economic recovery, resilient corporate earnings, and easing global trade headwinds, which … - [EUR/USD holds above 1.1750 due to cautious trade before FOMC Minutes](https://todaymarkets.ae/eur-usd-holds-above-1-1750-due-to-cautious-trade-before-fomc-minutes/): EUR/USD holds ground after four days of little losses, trading around 1.1770 during the Asian hours on Tuesday. The pair remains steady as US Dollar (USD) moves little amid market caution ahead of the Federal Open Market Committee (FOMC) December Meeting Minutes due later in the day, which could offer insights into the Federal Reserve’s … - [GBP/USD Price Forecast: Gains momentum, first upside barrier emerges near 1.3550](https://todaymarkets.ae/gbp-usd-price-forecast-gains-momentum-first-upside-barrier-emerges-near-1-3550/): The GBP/USD pair trades with mild gains around 1.3510 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the US Dollar (USD) as the Bank of England (BoE) guided that monetary policy will remain on a gradual downward path. The UK central bank cut its benchmark interest rate by 25 basis points … - [USD/CHF pulls back from 0.7900 as safe-haven demand supports Swiss Franc](https://todaymarkets.ae/usd-chf-pulls-back-from-0-7900-as-safe-haven-demand-supports-swiss-franc/): USD/CHF loses ground after two days of gains, trading around 0.7880 during the Asian hours on Tuesday. The Swiss KOF Leading Indicator will be eyed later, which could offer future trends of the overall economic activity. The Swiss Franc (CHF) potentially receives support from increased safe-haven demand, which could be attributed to the uncertain Ukraine-Russia … - [USD/CAD Sees more downside below 1.3640](https://todaymarkets.ae/usd-cad-sees-more-downside-below-1-3640/): The USD/CAD pair trades almost flat around 1.3685 during the late Asian trading session on Tuesday. The Loonie pair consolidates ahead of the release of Federal Open Market Committee (FOMC) minutes of the December meeting in the late New York session. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major … - [EUR/JPY holds steady below 184.00, BoJ signals further tightening](https://todaymarkets.ae/eur-jpy-holds-steady-below-184-00-boj-signals-further-tightening/): The EUR/JPY cross trades on a flat note around 183.80 during the early European trading hours on Tuesday. Expectation of additional rate hikes by the Bank of Japan (BoJ) in 2026 could provide some support to the Japanese Yen (JPY) against the Euro (EUR). Financial markets are expected to trade on thin volumes as traders prepare for the … - [USD/INR trades subduedly while consistent FIIs selling keeps outlook upbeat](https://todaymarkets.ae/usd-inr-trades-subduedly-while-consistent-fiis-selling-keeps-outlook-upbeat/): The Indian Rupee (INR) edges up against the US Dollar (USD) during afternoon trading hours in India on Tuesday. The USD/INR pair ticks down to near 98.00 as trading volume gets squeezed in the final stretch of the year, with near-term bias remaining bullish due to consistent outflow of foreign funds from the Indian stock market. On Monday, Foreign … - [Nat-Gas Prices Soar as US Temps Plunge](https://todaymarkets.ae/nat-gas-prices-soar-as-us-temps-plunge/): January Nymex natural gas (NGF26) on Monday closed up +0.321 (+7.35%), January nat-gas on Monday rallied sharply to a 3-week high on the outlook for colder US temperatures, which are expected to boost heating demand for nat-gas.  Forecaster Atmospheric G2 said that colder-than-normal temperatures are expected across the Northeast for January 3-7.   Nat-gas prices … - [Cattle Fade into the Close, as Feeders Hold on for Gains](https://todaymarkets.ae/cattle-fade-into-the-close-as-feeders-hold-on-for-gains/): Live cattle futures were 17 to 92 cents lower on Monday. December expires on Wednesday. Cash trade last week was reported at $229-230. Feeder cattle futures slopped into the close, but still managed to close with gains of 82 cents to $1.25. CME’s Feeder Cattle Index was back up $6.68 to $356.00 on December 26.  USDA … - [Wheat Sees Weakness](https://todaymarkets.ae/wheat-sees-weakness/): The wheat complex saw mixed Monday action, with winter wheats lower and spring wheat steady. Chicago SRW futures were 5 to 6 cents lower on Monday. KC HRW futures saw 5 to 7 cent losses at the close. MPLS spring wheat posted firmer trade, with contracts steady to a penny higher. USDA tallied wheat export … - [Soybeans Fall as Products Close Mixed](https://todaymarkets.ae/soybeans-fall-as-products-close-mixed/): Soybeans saw 9 to 10 cent losses in the front months on Monday. The cmdtyView national average Cash Bean price was 8 cents lower at $9.80 3/4. Soymeal futures were down $2.50 to $4.90/ton. Soy Oil futures were up 6 to 10 points on the day, with help from a bounce in crude oil. USDA reported a private export sale of … - [Coffee Prices Settle Higher on Slack Rainfall in Brazil](https://todaymarkets.ae/coffee-prices-settle-higher-on-slack-rainfall-in-brazil/): March arabica coffee (KCH26) on Monday closed up +1.90 (+0.54%).  March ICE robusta coffee (RMH26) closed up +26 (+0.67%). Coffee prices climbed to 1.5-week highs on Monday and settled higher as below-average rainfall in Brazil has heightened concerns about the coffee crop.  Somar Meteorologia reported Monday that Brazil’s largest arabica coffee-growing area, Minas Gerais, received … - [Cocoa Prices Sharply Higher as Ivory Coast Cocoa Port Arrivals Slow](https://todaymarkets.ae/cocoa-prices-sharply-higher-as-ivory-coast-cocoa-port-arrivals-slow/): March ICE NY cocoa (CCH26) on Monday closed up +289 (+4.85%).  March ICE London cocoa #7 (CAH26) closed up +276 (+6.55%). Cocoa prices rallied sharply on Monday, posting 2-week highs.  The slower pace of cocoa arrivals at ports in the Ivory Coast has fueled concerns about tighter supplies and is pushing cocoa prices sharply higher. … - [Sugar Prices Gain on the Outlook for Smaller Sugar Production in Brazil](https://todaymarkets.ae/sugar-prices-gain-on-the-outlook-for-smaller-sugar-production-in-brazil/): March NY world sugar #11 (SBH26) on Monday closed up +0.09 (+0.59%).  March London ICE white sugar #5 (SWH26) closed down -0.60 (-0.14%). Sugar prices settled mixed on Monday, with NY sugar matching last Wednesday’s 2.25-month high.  Sugar prices have carryover support from last Tuesday when consulting firm Safras & Mercado said that Brazil’s sugar … - [Cotton Faces Pressure into the Close](https://todaymarkets.ae/cotton-faces-pressure-into-the-close/): Cotton futures slipped lower into the close, with contracts posting losses of 10 to 15 points on the day. Crude oil futures were $1.09 per barrel higher at $57.83. The US dollar index was steady at $97.700. The December 26 online auction from The Seam showed sales of 9,181 bales at an average price of … - [Silver Rises Over 1% After Sharp Pullback](https://todaymarkets.ae/silver-rises-over-1-after-sharp-pullback/): Silver rose by over 1% to $73 per ounce on Tuesday, following an 8% slump in the previous session, which marked the steepest daily drop in over five years, as traders booked profits. Ongoing geopolitical tensions continue to support silver as a safe-haven asset. Uncertainty persists as Russia and Ukraine continue to stall on peace … - [Oil Holds Advance](https://todaymarkets.ae/oil-holds-advance-3/): WTI crude oil futures hovered at $58.1 per barrel on Tuesday after surging more than 2% the previous day on heightened geopolitical risks. Uncertainty over efforts to end the war in Ukraine resurfaced after Russia’s foreign minister said Moscow’s negotiating position would change following alleged strikes on President Putin’s residence. Prior to the attack claims, … - [Gold Rises After Sharp Selloff](https://todaymarkets.ae/gold-rises-after-sharp-selloff/): Gold prices rose above $4,370 per ounce on Tuesday after plunging more than 4% in the previous session due to profit-taking. Monday’s selloff marked the metal’s largest intraday drop since October and the second time this year that it has fallen sharply in a single day. Still, persistent geopolitical uncertainty continued to boost demand for … - [Hong Kong Stocks Edge Higher After Trade Data](https://todaymarkets.ae/hong-kong-stocks-edge-higher-after-trade-data/): Equities in Hong Kong rose 64 points, or 0.2%, to 25,703 in early trade on Tuesday, attempting to rebound from losses in the prior session, with gains led by tech and consumer stocks. Market conditions remained subdued, with investors assessing November trade data showing exports and imports in the city recording their fastest growth in … - [South Korean Shares Hold Near Record Levels](https://todaymarkets.ae/south-korean-shares-hold-near-record-levels/): The benchmark KOSPI rose 0.1% to around 4,221 on Tuesday, hovering near all-time highs, supported by chipmaker strength and policy reforms. Heavyweight semiconductors led the advance, with Samsung Electronics up 0.9% and SK hynix rising 1.9%, driven by robust AI-related demand. Financials and securities firms also contributed to the gains on optimism surrounding government reforms … - [China Stocks Little Changed](https://todaymarkets.ae/china-stocks-little-changed/): The Shanghai Composite was largely unchanged at 3,960, while the Shenzhen Component edged up 0.1% to 13,560, with mainland stocks showing little movement during the last trading week of the year. Attention will be on geopolitical developments as traders assess the impact of China’s military drills around Taiwan. Markets also looked ahead to economic data, … - [Dollar Steady, Fed Minutes Awaited](https://todaymarkets.ae/dollar-steady-fed-minutes-awaited/): The US dollar held steady at 98 on Tuesday, remaining near its lowest level since early October, as investors awaited the Federal Reserve’s December meeting minutes for further clues on the path of interest rates. Markets are currently pricing in two more rate cuts in 2026, although Fed officials were divided over their next move, … - [Japan 10-Year Yield Falls Amid Fiscal Woes](https://todaymarkets.ae/japan-10-year-yield-falls-amid-fiscal-woes/): Japan’s 10-year government bond yield fell to around 2.05% on the final trading day of the year, retreating from a near 27-year high reached last week amid growing concerns over the country’s fiscal outlook. The cabinet recently approved Prime Minister Sanae Takaichi’s record 122.3 trillion yen budget, seeking to balance aggressive fiscal spending with debt … - [US 10-Year Yield at Over 3-Week Low](https://todaymarkets.ae/us-10-year-yield-at-over-3-week-low/): The yield on the 10-year US Treasury hovered around 4.11% on Tuesday, its lowest level in over three weeks, as traders awaited the release of the FOMC minutes for further insight into the policy outlook. Market pricing currently implies two rate cuts in 2026, although policymakers remain divided on the path ahead, with most projecting … - [Yuan Remains Strong Amid Year-End Flows](https://todaymarkets.ae/yuan-remains-strong-amid-year-end-flows/): The offshore yuan hovered around the 7 per dollar mark, trading near its highest in fifteen months, as seasonal year-end demand persisted and a broadly weaker US dollar added support. Exporters typically convert more foreign currency into yuan at year-end to meet payments and administrative requirements, a trend likely to continue into January ahead of … - [Palm Oil Trades Higher](https://todaymarkets.ae/palm-oil-trades-higher/): Malaysian palm oil futures hovered near MYR 4,070 per tonne on Tuesday, after dipping around MYR 4,030 in the prior session, lifted by firmer edible oil prices on the Dalian and Chicago markets. Buying interest was also supported by India, the top importer, where palm oil purchases rose about 5% in November on more attractive … - [European Indices Posting Moderate Gains](https://todaymarkets.ae/european-indices-posting-moderate-gains/): European indices are posting moderate gains, catching up with US peers, who successfully rode Santa Claus Rally over the previous week. Dutch AEX leads the rebound (NED25: +0.5%), followed by French CAC40 (FRA40: +0.2%) and Spanish IBX35 (SPA35: +0.2%). German DAX (DE40) and British FTSE 100 (UK100) are up about 0.15% Volatility in DAX-listed stocks today. Source: Bloomberg Finance LP … - [Silver And Gold Hit By Selling Pressure as Stocks Retreat](https://todaymarkets.ae/silver-and-gold-hit-by-selling-pressure-as-stocks-retreat/): The final trading week of 2025 has begun, and so far, there’s not a Santa rally in sight. European stock futures are slightly higher as investors turn their backs on tech stocks, and US futures are lower as the Magnificent 7 get hit as we move to the end of the year. Silver is falling … - [Silver sheds nearly 4% as exchanges hike margin requirements](https://todaymarkets.ae/silver-sheds-nearly-4-as-exchanges-hike-margin-requirements/): Robust fundamental drivers The silver market is primarily defined by a chronic structural deficit, fueled by a sharp recovery in demand over the last several years. Robust consumption from the photovoltaic sector has met with an inelastic supply response; silver remained relatively undervalued for years, and recycling volumes saw only marginal increases. Crucially, silver is … - [Crypto News - Cryptocurrencies Trying to Rebound](https://todaymarkets.ae/crypto-news-cryptocurrencies-trying-to-rebound/): Cryptocurrencies are making another attempt to rebound today after the recent sell-off. Bitcoin is slowly returning toward the $90,000 area, while Ethereum has managed to break above the psychologically important $3,000 level. In recent days, it was silver that captured the attention of the entire speculative market, in a sense “stealing” that role from Bitcoin. … - [Chart of The Day - Platinum](https://todaymarkets.ae/chart-of-the-day-platinum/): Platinum Slides 5% After Hitting All-Time High at $2,472 Amid Broad Precious Metals Sell-Off. After breaking the all-time high at $2,472, the PLATINUM contract moved sharply into defensive territory. The decline found support at the 23.6% Fibonacci retracement level and is currently trading around the close on December 23. Source: xStation5Source: xStation5 From early December … - [Trade of The Day - Silver XAG/USD](https://todaymarkets.ae/trade-of-the-day-silver-xag-usd/): Facts: Recommendation: Short position at market price Opinion: In the short term, the balance of risks favors a tactical bearish scenario for silver, even though the long-term structural outlook remains constructive. Several short-dated factors cluster around the turn of the year: investors are inclined to take profits on highly profitable positions for tax reasons, CME … - [Economic Calendar - Quiet Post-Holiday Monday](https://todaymarkets.ae/economic-calendar-quiet-post-holiday-monday/): Monday’s post-holiday economic calendar is even lighter than usual. Only three minor U.S. releases are scheduled — Pending Home Sales, the Dallas Fed regional manufacturing index, and the EIA fuel report — meaning any volatility is likely to be concentrated in the dollar or energy commodities. Overall, markets are expected to remain cautious, reflecting tension … - [Nikkei 225 Finishes 0.6% Lower](https://todaymarkets.ae/nikkei-225-finishes-0-6-lower/): The Nikkei 225 lost 315 points, or 0.6%, to close at 50,376 on Monday, reversing the prior session’s gains as trading thinned ahead of year-end holidays. Sentiment turned cautious after China staged large-scale military drills around Taiwan under its “Justice Mission 2025” exercise. Investors also pared risk ahead of Tuesday’s release of minutes from the … - [Bitcoin Rises to 2-Week High](https://todaymarkets.ae/bitcoin-rises-to-2-week-high/): Bitcoin rose nearly 2% to above $89,500, hitting a two-week high and hinting at a potential year-end rally. Other cryptocurrencies also gained, with Ether and Solana rising around 2%. Analysts said the rise is partly driven by short-term retail traders increasing futures positions, contributing to broader bullish sentiment in the market, as reflected by the … - [US Futures Mixed](https://todaymarkets.ae/us-futures-mixed/): US equity futures were mixed on Monday after the S&P 500 ended Friday’s shortened session just shy of a record high. Sentiment stayed fragile as Wall Street entered another holiday-thinned week, with concerns over an AI-driven valuation bubble lingering. On Friday, losses in chipmakers and select consumer discretionary names offset broader resilience. Investors now await … - [Gold drifts lower as traders take profits after record high](https://todaymarkets.ae/gold-drifts-lower-as-traders-take-profits-after-record-high/): Gold price (XAU/USD) retreats from a record high near $4,550 during the early European trading hours on Monday as traders book some profits ahead of holidays. A renewed US Dollar (USD) could also weigh on the precious metal, as it makes Gold more expensive for non-US buyers, pressuring prices. Despite the short-term pullback, Gold has … - [Saudi Arabia Jobless Rate Rises to 3.4% in Q3](https://todaymarkets.ae/saudi-arabia-jobless-rate-rises-to-3-4-in-q3/): The unemployment rate in Saudi Arabia rose to 3.4% in the third quarter of 2025, up from 3.2% in the previous period. The jobless rate stood at 7.5% for Saudi nationals and 1.4% for non-Saudis. By gender, unemployment among females fell to 9.4% from 11.3% in Q2, while the rate for males declined to 2.2% … - [Japan 10Y Yield Remains Near 27-Year High](https://todaymarkets.ae/japan-10y-yield-remains-near-27-year-high/): Japan’s 10-year government bond yield traded above 2%, hovering near a 27-year high amid prospects of continued gradual rate hikes by the Bank of Japan. A summary of the BOJ’s December meeting showed policymakers debating further tightening even after last month’s rate hike to a multi-decade high. Some argued policy remains far from neutral in … - [Russia Manufacturing Shrinks for 7th Month](https://todaymarkets.ae/russia-manufacturing-shrinks-for-7th-month/): The S&P Global Russia Manufacturing PMI fell slightly to 48.1 in December 2025, down from 48.3 in November. It marked the seventh consecutive month of contraction, as output contracted at the fastest pace since March 2022, alongside a continued reduction in new orders amid weak demand conditions. New export orders also continued to decline sharply, … - [New Zealand Stocks End Muted](https://todaymarkets.ae/new-zealand-stocks-end-muted/): The S&P/NZX 50 was flat, closing at 13,526 on Monday, as investors returned from the Christmas break but remained subdued amid a lack of fresh catalysts and holiday-thinned trading. Across the bourse, key sectors delivered a mixed performance, with the biotech and industrial operations sectors leading the declines, while consumer durables and technology services supported … - [Trade of The Day - USDIDX](https://todaymarkets.ae/trade-of-the-day-usdidx-2/): Facts: Recommendation: Long position at market price Opinion: We believe that the weekend events may have a positive impact on the US dollar and potentially mark a turning point in the current sentiment toward the American currency. The “de-dollarization” narrative — which over the past year contributed to USD weakness and capital inflows into precious … - [CAC 40 Extends Upward Trend](https://todaymarkets.ae/cac-40-extends-upward-trend/): The CAC 40 climbed 0.5% to around 8,220 on Monday, extending its upward trend since the start of 2026, as heightened geopolitical tensions in Venezuela spurred investor demand for defense stocks. With the US moving to arrest Venezuelan President Maduro, defense names collectively advanced, including Thales (+4.5%), Airbus (+2.0%), and Safran (+1.5%). Broader market gains … - [UK Credit Growth at 2-Year High, Tops Estimates](https://todaymarkets.ae/uk-credit-growth-at-2-year-high-tops-estimates/): Net borrowing of consumer credit by individuals in the UK rose to £2.1 billion in November 2025 from an upwardly revised £1.7 billion in the previous month and well above market forecasts of £1.1 billion. It was the highest reading since November 2023, as net borrowing through credit cards went up to £1.0 billion in … - [FTSE 100 Trades Cautiously Higher Near Record High](https://todaymarkets.ae/ftse-100-trades-cautiously-higher-near-record-high/): The FTSE 100 edged slightly higher on Monday, hovering near record levels, as investors reacted to geopolitical developments over the weekend. Gains were led by precious metal miners such as Endeavour and Fresnillo, supported by rising gold and silver prices as global uncertainty increased following US President Donald Trump’s move to oust Venezuela’s leader. Defence … - [Pound Sterling drops as US raids on Venezuela sours market sentiment](https://todaymarkets.ae/pound-sterling-drops-as-us-raids-on-venezuela-sours-market-sentiment/): The Pound Sterling (GBP) faces selling pressure against its safe-haven currency peers, outperforming risky ones at the start of the week. The British currency drops 0.2% to near 1.3420 against the US Dollar (USD) as investors turn risk-averse, following the United States’ (US) strike on Venezuela and the capture of President Nicolas Maduro against drug-trafficking … - [Gold builds on its steady intraday ascent amid geopolitical risks and Fed rate cut bets](https://todaymarkets.ae/gold-builds-on-its-steady-intraday-ascent-amid-geopolitical-risks-and-fed-rate-cut-bets/): Gold (XAU/USD) continues to scale higher through the first half of the European session on Monday and climbs to a four-day high, around the $4,430-4,431 region in the last hour amid a supportive fundamental backdrop. Geopolitical tensions escalated after the US launched land strikes on Venezuela over the weekend. Moreover, US President Donald Trump’s confrontational rhetoric … - [Dow Jones futures steady ahead of US ISM Manufacturing PMI](https://todaymarkets.ae/dow-jones-futures-steady-ahead-of-us-ism-manufacturing-pmi/): Dow Jones futures inch higher 0.06% to trade near 48,650 during the European session on Monday, while S&P 500 and Nasdaq 100 futures also gained, edging higher 0.14% and 0.38% to near 6,910 and 25,480, respectively. Attention is on the US ISM Manufacturing PMI data due later in the North American session. US index futures rise as … - [Today Markets - The Week Ahead](https://todaymarkets.ae/today-markets-the-week-ahead-4/): The Week Ahead; Venezuela events has limited market impact As we start the first full trading week of the year, it is Venezuela and the US’s overthrowing of the Madura regime that is dominating the airwaves, however, it is yet to dent market sentiment. Stock market futures are in the green, with indices in Europe … - [India 10Y Yield Hits Two-Week High](https://todaymarkets.ae/india-10y-yield-hits-two-week-high/): The yield on India’s 10-year G-Sec rose above 6.6%, hitting a two-week high, as markets priced in record state borrowing amid tepid demand and tight liquidity. Indian states plan to raise 5 trillion rupees in the January-March quarter, their largest-ever quarterly borrowing, with 301 billion rupees set for auction Tuesday. Traders have been offloading bonds … - [Swiss Retail Sales Rise Below Forecasts](https://todaymarkets.ae/swiss-retail-sales-rise-below-forecasts/): Retail sales in Switzerland rose 2.3% year-on-year in November 2025, edging up from a 2.2% increase in October but falling short of the expected 2.5% gain. Sales strengthened for non-food products excluding fuel, which expanded 6.2%, up from 4.1% in October, supported by continued solid demand for information and communication equipment (12.3%). Turnover also rose … - [Platinum Gains on Safe-Haven Demand](https://todaymarkets.ae/platinum-gains-on-safe-haven-demand/): Platinum futures climbed above $2,200 per ounce, hovering near record highs after the US attack on Venezuela and the arrest of President Nicolas Maduro over the weekend heightened geopolitical risks and boosted demand for safe-haven metals. Expectations of further US Federal Reserve rate cuts also supported precious metals, with markets pricing in two reductions this … - [Iron Ore Starts the Year Higher](https://todaymarkets.ae/iron-ore-starts-the-year-higher/): Iron ore futures climbed above CNY 790 per tonne, starting the year on a firm footing amid strong demand and tight supply conditions in China. Steelmakers have been restocking ahead of the Lunar New Year holiday in February, helping to offset the impact of elevated shipments. Analysts also noted that raw material inventories in China … - [Economic Calendar - U.S. ISM Manufacturing Report in Focus](https://todaymarkets.ae/economic-calendar-u-s-ism-manufacturing-report-in-focus/): Today’s macroeconomic calendar is relatively light. The only noteworthy publication is the US ISM Manufacturing report. Detailed calendar for the day: 08:00 AM BST, Spain – Employment Data for December: 08:30 AM BST, Switzerland – PMI Data for December: 03:00 PM BST, United States – ISM Data for December: The material on this page does not constitute financial advice and does not take into account your level … - [Gold stands firm above $4,400 as geopolitical risks boost safe-haven demand](https://todaymarkets.ae/gold-stands-firm-above-4400-as-geopolitical-risks-boost-safe-haven-demand/): Gold (XAU/USD) sticks to strong intraday gains above the $4,400 mark through the Asian session on Monday and seems poised to climb further amid the global flight to safety. Geopolitical tensions escalated after the US launched land strikes on Venezuela, leading to the capture of its President, Nicolás Maduro, and his wife. Furthermore, US President … - [EUR/USD Price Forecast: Bears await break below 100-day SMA support near 1.1665 area](https://todaymarkets.ae/eur-usd-price-forecast-bears-await-break-below-100-day-sma-support-near-1-1665-area/): The EUR/USD pair attracts heavy selling for the second straight day and dives to a nearly four-week trough, around the 1.1670 region, during the Asian session on Monday. Bearish traders now await a sustained break below the 100-day Simple Moving Average (SMA) before positioning for an extension of the recent pullback from a three-month top, or … - [WTI falls to near $57 as US pledges to build Venezuela Oil infrastructure](https://todaymarkets.ae/wti-falls-to-near-57-as-us-pledges-to-build-venezuela-oil-infrastructure/): West Texas Intermediate (WTI), futures on NYMEX, trades 0.4% lower to near $57.00 in the late Asian trade on Monday. The Oil price is under pressure after the United States (US) struck Venezuela to capture President Nicolas Maduro against drug-trafficking charges, and vowed to restructure its Oil industry, a move that could increase the global … - [US Natural Gas Slides to 10-Week Low](https://todaymarkets.ae/us-natural-gas-slides-to-10-week-low/): US natural gas futures slid more than 3% to around $3.48 per million British thermal units, hitting their lowest level since late October, pressured by forecasts pointing to warmer temperatures. Above-normal readings are expected to dominate the eastern two-thirds of the country from January 7–11, with the warm pattern expanding into the north-central US from … - [Dutch Retail Sales Growth Picks Up in November](https://todaymarkets.ae/dutch-retail-sales-growth-picks-up-in-november/): Retail sales in the Netherlands rose by 3.9% year-on-year in November 2025, accelerating from an upwardly revised 3.3% increase in October and marking the strongest growth in three months. Non-food turnover increased by 3.8%, supported by solid gains in drugstores (8.6%), recreational goods (nearly 5%) and DIY stores (over 4%), while furniture, home furnishings and … - [Copper Marches Toward Record Highs](https://todaymarkets.ae/copper-marches-toward-record-highs/): Copper futures rose above $5.8 per pound on Monday, moving closer to the record levels reached in July last year as tightening global supply conditions continued to support prices into the new year. Concerns over potential US tariffs have prompted traders to redirect shipments into the US, tightening availability at major trading hubs such as … - [Saudi Non-Oil Private Sector Growth Eases at Year-End](https://todaymarkets.ae/saudi-non-oil-private-sector-growth-eases-at-year-end/): Riyad Bank Saudi Arabia’s PMI fell to 57.4 in December 2025 from 58.5 in November, signaling a cooling but still solid expansion in non-oil private sector activity as 2025 concluded. While marking the slowest growth in four months, the headline index remained slightly stronger than its long-run average, as business activity continued to rise, though … - [Japan 10-Year Yield Hits Highest Since 1999](https://todaymarkets.ae/japan-10-year-yield-hits-highest-since-1999/): Japan’s 10-year government bond yield rose above 2.1% on Monday, reaching its highest level since February 1999 as trading resumed after the long holiday. Bank of Japan Governor Kazuo Ueda reiterated that the central bank will continue raising interest rates if economic and price projections materialize, highlighting growing confidence that Japan is moving beyond its … - [NZX 50 Ends at 4-Week High to Start the Year](https://todaymarkets.ae/nzx-50-ends-at-4-week-high-to-start-the-year/): The S&P/NZX 50 rose 0.3% to 13,587 on Monday, closing at its highest level in four weeks in the first trading session of 2026, as investors returned from the New Year’s holiday. The index was mainly supported by gains in industrial services and non-energy minerals stocks, including Ventia Services (+1.9%), Fletcher Building (+1.9%), and Manuka … - [China 10Y Yield Starts the Year Lower](https://todaymarkets.ae/china-10y-yield-starts-the-year-lower/): China’s 10-year government bond yield fell to below 1.86%, starting the year lower, as investors weighed the latest PMI figures for signs on the country’s economic outlook. A private survey showed China’s December composite PMI remained expansionary for the seventh straight month, though services activity recorded its softest growth in six months. Meanwhile, official data … - [Bitcoin, Ethereum, Ripple – Bulls firmly in control as BTC breaks $93K, ETH and XRP extend gains](https://todaymarkets.ae/bitcoin-ethereum-ripple-bulls-firmly-in-control-as-btc-breaks-93k-eth-and-xrp-extend-gains/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) extended their rallies on Monday, gaining more than 4%, 6%, and 12%, respectively, in the previous week. The top three cryptocurrencies by market capitalization could continue to outperform, with bulls in control of the momentum. Bitcoin rallies as it closes above the consolidation zone Bitcoin’s price closed above the upper consolidation range of … - [USD/CAD edges higher to near 1.3750 due to geopolitical risks](https://todaymarkets.ae/usd-cad-edges-higher-to-near-1-3750-due-to-geopolitical-risks/): USD/CAD extends its gains for the second successive session, trading around 1.3750 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) strengthens on safe-haven demand, driven by a renewed rise in geopolitical risks following the United States’ (US) capture of Venezuelan President Nicolas Maduro. US President Donald Trump said that the … - [USD/CHF rises above 0.7930 in a cautious start of the week](https://todaymarkets.ae/usd-chf-rises-above-0-7930-in-a-cautious-start-of-the-week/): The USD/CHF pair trades 0.15% higher to near 0.7930 during the Asian trading session on Monday. The Swiss Franc pair gains as the US Dollar (USD) trades higher amid risk-off market sentiment, following the United States’ (US) strike on Venezuela and the capture of President Nicolas Maduro to face drug-trafficking charges in New York. At the … - [Gold sticks to gains above $4,400 as geopolitical tensions offset notable USD strength](https://todaymarkets.ae/gold-sticks-to-gains-above-4400-as-geopolitical-tensions-offset-notable-usd-strength/): Gold (XAU/USD) gains strong positive traction at the start of a new week and climbs further beyond the $4,400 mark during the Asian session amid the global flight to safety. Geopolitical tensions escalated after the US launched land strikes on Venezuela, leading to the capture of its President, Nicolás Maduro, and his wife. Furthermore, US … - [GBP/USD Price Forecast: Falls toward 1.3400 near 50-day EMA](https://todaymarkets.ae/gbp-usd-price-forecast-falls-toward-1-3400-near-50-day-ema/): GBP/USD extends its losses for the second successive session, trading around 1.3420 during the Asian hours on Monday. The technical analysis of the daily chart indicates that the 14-day Relative Strength Index (RSI) at 53 (neutral) has eased from near overbought, indicating that momentum has cooled while remaining above the midline. RSI holds above 50, … - [EUR/JPY softens to near 183.50 as Venezuela crisis strengthens safe-haven currency](https://todaymarkets.ae/eur-jpy-softens-to-near-183-50-as-venezuela-crisis-strengthens-safe-haven-currency/): The EUR/JPY cross loses ground to around 183.65 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) on rising geopolitical tensions in Venezuela. The Eurozone Sentix Investor Confidence report will be released later on Monday.  The US Army’s Delta Force attacked Venezuela and captured its President Nicolás Maduro, along with … - [Palm Oil Rises After Two-Session Slide](https://todaymarkets.ae/palm-oil-rises-after-two-session-slide/): Malaysian palm oil futures edged higher on Monday, hovering slightly above MYR 4,000 per tonne after two sessions of losses. Sentiment improved on a weaker ringgit and firmer Chicago soyoil, while demand expectations strengthened ahead of the Lunar New Year and Ramadan in February. Optimism was reinforced by steady demand from India, the world’s top … - [Japanese Yen Slips Despite Hawkish Ueda Remarks](https://todaymarkets.ae/japanese-yen-slips-despite-hawkish-ueda-remarks/): The Japanese yen depreciated past 157 per dollar on Monday, hitting a two-week low even after Bank of Japan Governor Kazuo Ueda reiterated that the central bank will continue raising interest rates if economic and price projections materialize. His comments underscore growing confidence that Japan is moving beyond its long-standing deflationary period toward a more … - [US 10-Year Yield Steady as Key Data Eyed](https://todaymarkets.ae/us-10-year-yield-steady-as-key-data-eyed/): The yield on the 10-year US Treasury note held steady around 4.19% on Monday, hovering near four-month highs, as investors focused on key US economic data this week that could influence Federal Reserve policy. Markets are watching December’s jobs report on Friday, along with JOLTS and ADP employment figures, ISM PMIs, and the Michigan consumer … - [US Futures Steady After US Operation in Venezuela](https://todaymarkets.ae/us-futures-steady-after-us-operation-in-venezuela/): US stock futures held steady on Monday as investors assessed the implications of the US military operation in Venezuela that resulted in the capture of President Nicolas Maduro. President Trump said on Saturday that the US would “run” Venezuela until a proper political transition takes place, though Secretary of State Marco Rubio struck a more … - [Gold Climbs on Venezuela Crisis](https://todaymarkets.ae/gold-climbs-on-venezuela-crisis/): Gold prices rose over 1% above $4,400 per ounce on Monday, extending Friday’s gains as heightened geopolitical tensions following the US ouster of Venezuelan President Nicolas Maduro drove investors toward safe-haven assets. President Trump said that Washington would temporarily “run” Venezuela after capturing Maduro in a surprise military strike on Saturday, deepening uncertainty over the … - [Silver Rallies on Venezuela News](https://todaymarkets.ae/silver-rallies-on-venezuela-news/): Silver rose nearly 4% toward $76 per ounce on Monday, extending gains from the previous session after the US attacked Venezuela and arrested President Nicolas Maduro over the weekend, heightening geopolitical risks boosting demand for safe-haven metals. President Trump said on Saturday that the US would “run” Venezuela until a proper political transition takes place, … - [Hong Kong Shares Inch Higher to Begin the Week](https://todaymarkets.ae/hong-kong-shares-inch-higher-to-begin-the-week/): Hong Kong stocks edged up 54 points, or 0.2%, to 26,393 in Monday’s morning session, extending gains from the prior day and reaching a seven-week high. Traders looked past U.S. military action in Venezuela, where President Nicolas Maduro was captured, and President Donald Trump announced temporary American control. Strength in mainland equities supported sentiment, amid … - [South Korean Shares Hit Fresh Record](https://todaymarkets.ae/south-korean-shares-hit-fresh-record/): The benchmark KOSPI rose more than 2% to around 4,410 on Monday, extending gains from the previous session to fresh record levels, as heavyweight semiconductor stocks rallied after chip prices rebounded, lifting earnings expectations. Samsung Electronics jumped about 4.5% after expectations grew for a strong fourth-quarter performance, supported by a late-2025 rebound in legacy DRAM … - [China RatingDog Composite PMI Edges Higher](https://todaymarkets.ae/china-ratingdog-composite-pmi-edges-higher/): The RatingDog China General Composite PMI inched up to 51.3 in December 2025 from November’s four-month low of 51.2, marking a seventh consecutive month of expansion in private-sector activity. The modest improvement was supported by stronger services activity alongside a renewed increase in factory output. Total new orders rose, although the pace of growth slowed … - [Dollar Rises as Key Data Eyed](https://todaymarkets.ae/dollar-rises-as-key-data-eyed/): The dollar index climbed above 98.5 on Monday, reaching a two-week high as investors assessed the US attack on Venezuela while focusing on key US economic data this week that could influence Federal Reserve policy. A US military operation in Venezuela over the weekend that led to the capture of President Nicolas Maduro stoked fresh … - [Korean Won Retreats on Policy Gaps and Regional Tensions](https://todaymarkets.ae/korean-won-retreats-on-policy-gaps-and-regional-tensions/): The South Korean won depreciated to around 1,447 per dollar on Monday, retreating after a brief stabilization as investors weighed policy uncertainty following a major government restructuring and renewed geopolitical tensions. Market caution heightened after the government formally split the Ministry of Economy and Finance into two separate entities, which took effect on Friday, ending … - [Aussie Dollar Extends Losses](https://todaymarkets.ae/aussie-dollar-extends-losses/): The Australian dollar slid past $0.668 on Monday, extending losses from the previous week as renewed geopolitical tensions weighed on global risk sentiment. The commodity-heavy currency, used as a liquid proxy for global risk appetite, depreciated following the US capture of Venezuelan President Nicolas Maduro. The decline highlights how sensitive risk-linked currencies can be to … - [BoJ Open to More Tightening If Outlook Holds: Governor Ueda](https://todaymarkets.ae/boj-open-to-more-tightening-if-outlook-holds-governor-ueda/): Bank of Japan will continue raising interest rates if economic and price trends align with forecasts, Governor Kazuo Ueda said in a speech on Monday. He noted Japan’s economy maintained a moderate recovery last year despite weaker corporate profits from higher U.S. tariffs. “Wages and prices are highly likely to rise together moderately,” Ueda remarked, … - [China Stocks Climb to Begin the Year](https://todaymarkets.ae/china-stocks-climb-to-begin-the-year/): The Shanghai Composite rose 0.9% to above 4,000, while the Shenzhen Component gained 1.8% to 13,760 on Monday, with both benchmarks reaching multi-week highs as Chinese markets reopened after the long holiday. Technology stocks led the advance, extending last year’s rally in artificial intelligence-linked companies. Notable performers included Zhejiang Sanhua (3.2%), BlueFocus Intelligent (5.7%), Leo … - [Kiwi Dollar Near Two-Week Low](https://todaymarkets.ae/kiwi-dollar-near-two-week-low/): The New Zealand dollar weakened to around $0.576, hovering near a two-week low, as investors assessed the Reserve Bank of New Zealand’s policy outlook. The central bank has signalled that its easing cycle likely ended last year after delivering a cumulative 225 basis points of rate cuts, while also pushing back against expectations of a … - [Australia 10-Year Yield Hits Over 2-Year High](https://todaymarkets.ae/australia-10-year-yield-hits-over-2-year-high/): Australia’s 10-year government bond yield rose to around 4.81%, its highest level since November 2023, underpinned by bets on interest rate hikes from the Reserve Bank of Australia. Investors currently see a 39% chance that the central bank could tighten policy as early as February, with attention now focused on incoming inflation data later this … - [Yuan Holds Near 31-Month Peak](https://todaymarkets.ae/yuan-holds-near-31-month-peak/): The offshore yuan edged lower below 6.98 per dollar, but remained near its highest level since May 2023, as investors assessed the latest PMI figures for signs on the country’s economic outlook. A private survey showed China’s composite PMI remained expansionary for the seventh straight month, though services activity recorded its softest growth in six … - [Trump says Venezuela’s Maduro captured in ‘large scale’ US strike](https://todaymarkets.ae/trump-says-venezuelas-maduro-captured-in-large-scale-us-strike/): CARACAS: President Donald Trump said Saturday that US forces had captured Venezuelan leader Nicolas Maduro after launching a “large scale strike” on the South American country. “The United States of America has successfully carried out a large scale strike against Venezuela and its leader, President Nicolas Maduro, who has been, along with his wife, captured and … - [Venezuela’s capital Caracas reports multiple explosions, low-flying planes](https://todaymarkets.ae/venezuelas-capital-caracas-reports-multiple-explosions-low-flying-planes/): In the early hours of Saturday (around 2 am local time), multiple loud explosions were heard across the Venezuelan capital of Caracas, accompanied by reports from residents of low-flying aircraft overhead, triggering alarm, confusion, and a wide array of unverified social media claims of airstrikes and military action. According to the Associated Press, at least … - [Bitcoin Price - BTC trades within recent range as ETF flows stay weak](https://todaymarkets.ae/bitcoin-price-btc-trades-within-recent-range-as-etf-flows-stay-weak/): Bitcoin (BTC) price trades around $89,000 on Friday, extending its sideways price action for nearly three weeks as market participants remain indecisive. Institutional demand continues to soften, with spot Bitcoin Exchange Traded Funds (ETFs) recording mild net outflows for a third consecutive week. Meanwhile, easing year-end liquidity conditions have helped stabilize broader risk sentiment, keeping … - [Ethereum - Accumulation addresses post record inflows in December despite high selling pressure](https://todaymarkets.ae/ethereum-accumulation-addresses-post-record-inflows-in-december-despite-high-selling-pressure/): Ethereum (ETH) accumulation addresses recorded their highest monthly inflow in December 2025 as the year came to a close. Despite the weak market momentum following the holidays, these wallets doubled down on their buying pressure, adding 3.62 million ETH to their cumulative balance. That figure is higher than its record 2.94 million ETH inflow in … - [US jobs report takes center stage next week – Deutsche Bank](https://todaymarkets.ae/us-jobs-report-takes-center-stage-next-week-deutsche-bank/): The US jobs report will be the main economic release next week, with other US data including the ISM indices and consumer sentiment. Elsewhere, the focus will be on inflation in Europe and China, whilst wage data is due in Japan, Deutsche Bank’s economists report. Europe and China inflation in focus “In the US, the … - [Economics - Week Ahead - Jan 5th](https://todaymarkets.ae/economics-week-ahead-jan-5th/): The first full week of the year will see a pickup in economic data releases and trading volumes following Christmas and New Year’s holidays. US data will be headlined by a batch of labor market surveys including the BLS December jobs report, the JOLTS, and the ADP Employment Report. Other key insights will be unveiled … - [Three Markets to Watch Next Week](https://todaymarkets.ae/three-markets-to-watch-next-week-6/): We are heading into a busy week on the financial markets. This time, the FX and commodities space may prove particularly interesting. A series of key macroeconomic releases from the US, China and Europe may set the tone for trading — including PMI figures, CPI inflation in major economies, and US labour-market reports. Against this … - [TSMC Launches 2nm, Shares Rise](https://todaymarkets.ae/tsmc-launches-2nm-shares-rise/): Taiwan Semiconductor Manufacturing Co. has officially started mass production of 2‑nanometer chips, becoming the first company in the world to achieve a high-volume manufacturing process with Gate-All-Around transistors. This milestone marks a significant step for the semiconductor industry, introducing a structural shift comparable to the previous generations of 7‑nanometer and 5‑nanometer processes. The 2‑nanometer chips deliver … - [Tesla - "Dark Horse" or "Lame Duck" ?](https://todaymarkets.ae/tesla-dark-horse-or-lame-duck/): Tesla recently reached another all-time high. The company has had a very turbulent year; since December 2024, the stock valuation dropped by about 55%, only to return to its previous valuation in less than half a year and then surpass it. Is Elon Musk executing a brilliant strategy for the company’s development in the background, … - [Crude Prices Pressured by Concerns About a Global Oil Glut](https://todaymarkets.ae/crude-prices-pressured-by-concerns-about-a-global-oil-glut/): February WTI crude oil (CLG26) on Friday closed down -0.10 (-0.17%), and February RBOB gasoline (RBG26) closed down -0.0168 (-0.08%). Crude oil and gasoline prices tumbled to 2-week lows on Friday on expectations for a record global supply surplus.  Both the International Energy Agency (IEA) and the US government expect global production to exceed consumption, … - [Nat-Gas Prices Fall on Above-Normal US Weather Forecasts](https://todaymarkets.ae/nat-gas-prices-fall-on-above-normal-us-weather-forecasts/): February Nymex natural gas (NGG26) on Friday closed down -0.068 (-1.84%), Feb nat-gas prices extended this week’s sell-off on Friday to a 2.25-month nearest-futures low.  Nat-gas prices retreated as warmer-than-normal US weather forecasts for mid-January could reduce nat-gas heating demand and boost storage levels.  Forecaster Atmospheric G2 said Friday that much warmer-than-normal temperatures are forecast … - [Cattle Rally to Kick Off the New Year](https://todaymarkets.ae/cattle-rally-to-kick-off-the-new-year/): Live cattle futures were held up by the rallying cash market, with contracts up $3.50 to $4.40 in the front months. February was up $6.35 on the week. Cash trade picked up this week, as trade settled in at $232 across the country, up $2-3 from last week. Feeder cattle futures rallied $5.85 to $8.05 in … - [Corn Faces Weakness to Start 2026](https://todaymarkets.ae/corn-faces-weakness-to-start-2026/): Corn futures closed out the first session of 2026 with losses of 2 to 3 cents. March was back down 12 ½ cents on the holiday week. The CmdtyView national average Cash Corn price was up 2 ½ cents at $3.98 1/4.  USDA reported a private export sale of 132,000 MT of corn to South Korea this … - [Soybeans Close Lower to Initiate 2026 Trade](https://todaymarkets.ae/soybeans-close-lower-to-initiate-2026-trade/): Soybeans came back from earlier sharp weakness on Friday to close the initial 2026 session with contracts down a penny to 3 cents. March was down 26 ¾ cents on the week. The cmdtyView national average Cash Bean price was 6 ¼ cents higher at $9.70. Soymeal futures were $2.30 to $4.10/ton lower, with March down $11.40. Soy Oil futures were … - [Wheat Starts the New Year with Mixed Action](https://todaymarkets.ae/wheat-starts-the-new-year-with-mixed-action/): The wheat complex posted mixed trade on Friday as the new year kicked off. Chicago SRW futures were fractionally in the red in the front months on Friday, as March was 12 ½ cents lower this week. KC HRW futures were steady to fractionally mixed on Friday, with March falling 18 ½ cents this week. … - [Coffee Prices Push Higher as Brazilian Real Strength Sparks Short Covering](https://todaymarkets.ae/coffee-prices-push-higher-as-brazilian-real-strength-sparks-short-covering/): March arabica coffee (KCH26) on Friday closed up +8.55 (+2.45%).  March ICE robusta coffee (RMH26) closed up +5 (+0.13%). Coffee prices recovered from early losses on Friday and settled higher as strength in the Brazilian real sparked short covering in coffee futures.  The real (^USDBRL) rallied to a 2-week high against the dollar on Friday, … - [Cocoa Prices Sink on Favorable Crop Conditions in West Africa](https://todaymarkets.ae/cocoa-prices-sink-on-favorable-crop-conditions-in-west-africa/): March ICE NY cocoa (CCH26) on Friday closed down -194 (-3.20%).  March ICE London cocoa #7 (CAH26) closed down -129 (-2.95%). Cocoa prices sold off to 1-week lows on Friday and settled sharply lower.  Improved weather in West Africa is weighing on cocoa prices.  Tropical General Investments Group said Friday that favorable growing conditions in … - [Sugar Prices Slump as Production Jumps in India](https://todaymarkets.ae/sugar-prices-slump-as-production-jumps-in-india/): March NY world sugar #11 (SBH26) on Friday closed down -0.41 (-2.73%).  March London ICE white sugar #5 (SWH26) closed down -8.90 (-2.08%). Sugar prices dropped to 2-week lows on Friday and finished sharply lower.  Sugar prices retreated after the India Sugar Mill Association (ISMA) reported Thursday that Indian sugar production for 2025-26, from October … - [Cotton Closes Lower on Friday](https://todaymarkets.ae/cotton-closes-lower-on-friday/): Cotton futures closed the Friday session with weakness, as contracts were down 11 to 26 points, with March slipping 48 points over the short week. Crude oil futures were down 9 cents per barrel at $57.41. The US dollar index was up $0.123 at $98.170.  On Wednesday afternoon, USDA released the payment details for the … - [Wall Street Starts 2026 in The Green Nasdaq Jumps 1%](https://todaymarkets.ae/wall-street-starts-2026-in-the-green-nasdaq-jumps-1/): During the first session of the new year, 2026, Nasdaq 100 futures are up nearly 1.1%. S&P 500 (US500) and Dow Jones (US30) futures are also gaining, rising by 0.7% and 0.4%, respectively. The session in Asia – where trading was somewhat limited – was very strong. The benchmark for Asian equities excluding Japan (with Japan closed) climbed 1.7%, while Hong Kong’s Hang Seng … - [Economic Calendar - Final U.S. Manufacturing PMI Data in Focus](https://todaymarkets.ae/economic-calendar-final-u-s-manufacturing-pmi-data-in-focus/): Today, the key macro event will be the release of the final December manufacturing PMI readings from Europe and the United States. These releases may have some impact on EURUSD as well as bond yields. Economic calendar Eurozone: Manufacturing PMI (final) – 48.8 pts (forecast: 49.2 pts, previous: 49.2 pts) 9 AM GMT, Eurozone: Money supply M3 (y/y) – 3.0% (forecast: 2.7%, previous: 2.8%) 9:30 AM GMT, United Kingdom: Manufacturing … - [Eurozone Manufacturing PMI Misses Estimates](https://todaymarkets.ae/eurozone-manufacturing-pmi-misses-estimates/): 08:50 AM BST, France – PMI Data for December: 08:55 AM BST, Germany – PMI Data for December: 09:00 AM BST, Euro Zone – PMI Data for December: The euro area PMI weakened stronger than expected as production fell for the first time from Februrary 2025, driven by a sharp deterioration in demand, especially exports. New orders declined faster, prompting deeper cuts to purchasing, inventories and employment. Supply chains tightened … - [Technical Analysis - Gold.XAU/USD](https://todaymarkets.ae/technical-analysis-gold-xau-usd/): Gold remains in an upward trend, with the latest impulse developing since the beginning of November 2025. Between November 13 and 18, there was a correction, after which the market broke out with another upward impulse. The latest stronger pullback stopped exactly at the level of the previous correction, at 4,306, which, according to the … - [Technical Analysis - USD/IDX](https://todaymarkets.ae/technical-analysis-usd-idx/): The dollar index (USDIDX) has been on a downward trend for quite some time. The local maximum was set on November 21, 2025, after which we observed a steady downward movement. The price fell to 97.50, which was tested twice in mid-December. However, there are currently no reliable signs of a trend reversal. In recent … - [Decending Triangle Formation? as Silver Gains 4%](https://todaymarkets.ae/decending-triangle-formation-as-silver-gains-4/): Silver is up more than 4% at the start of the new year, attempting to return to a stronger upward momentum. The metal has once again reacted positively around the $70 area, forming a double bottom at that level. Price has also moved back above the EMA200 and EMA50 on the hourly timeframe. On the other hand, we can see a potentially … - [Technical Analysis - DAX40](https://todaymarkets.ae/technical-analysis-dax40/): On the D1 interval, the German D40 index has been moving in a wide consolidation for a long time. Practically since May last year, quotations have been oscillating between 24,700 and 23,350 points. Currently, we are observing a test of the upper limit of this pattern. If it breaks above 24,700, the targets for buyers … - [U.S. Futures Rise on New Year Optimism](https://todaymarkets.ae/u-s-futures-rise-on-new-year-optimism/): U.S. stock futures were notably higher on Friday, the first trading day of 2026, after Wall Street capped a third straight year of gains in 2025, navigating tariff disputes, the longest government shutdown in history, geopolitical tensions, and concerns over central bank independence. Sentiment improved after President Donald Trump issued a New Year’s Eve proclamation … - [Dutch Manufacturing PMI Eases in December](https://todaymarkets.ae/dutch-manufacturing-pmi-eases-in-december/): The Nevi Netherlands Manufacturing PMI eased to 51.1 in December 2025 from 51.8 in November, marking the slowest pace of improvement since May. New orders grew at a softer rate, dragged down by weaker export sales, contributing to a slight contraction in output. Meanwhile, employment returned to modest growth and business confidence improved to a … - [UK House Price Growth Hits 20-Month Low](https://todaymarkets.ae/uk-house-price-growth-hits-20-month-low/): The UK Nationwide House Price Index increased 0.6% year-on-year in December 2025, below market forecasts of 1.2% and easing from November’s 1.8% gain, marking the softest annual growth since April 2024. “Despite the softer end to the year, the word that best describes the housing market in 2025 overall is ‘resilient’. Even though consumer sentiment … - [Indian Stocks Point to 2nd Straight Weekly Gains](https://todaymarkets.ae/indian-stocks-point-to-2nd-straight-weekly-gains/): The BSE Sensex climbed 343 points, or 0.4%, to 85,531 in the morning session on the second trading day of the year, after a slight decline in the previous session, hitting its highest level since December 23, 2024, as investors braced for the quarterly earnings season. Most sectors traded in the green, including metals, autos, … - [Palm Oil Under Pressure to Begin 2026 Trading](https://todaymarkets.ae/palm-oil-under-pressure-to-begin-2026-trading/): Malaysian palm oil futures slipped around 1% to around MYR 4,000 per tonne on Friday, the first trading day of 2026, pressured by weaker exports at year-end. Cargo surveyors noted December shipments fell 5.2%–5.8% from November, reinforcing demand concerns. Also, caution mounted ahead of December production data, after November output fell 5.3% mom to 1.94 … - [South Korean Won Steadies on BOK Remarks](https://todaymarkets.ae/south-korean-won-steadies-on-bok-remarks/): The South Korean won held steady around 1,440 per dollar on the first trading day of 2026, as investors digested remarks from the Bank of Korea’s governor. BOK Governor Rhee Chang-yong said the won remains “misaligned” with economic fundamentals, warning that persistent depreciation could heighten inflation and weigh on domestic-oriented firms. He emphasized that the … - [India December Manufacturing PMI Revised Down](https://todaymarkets.ae/india-december-manufacturing-pmi-revised-down/): The HSBC India Manufacturing PMI fell to 55.0 in December 2025, revised lower from initial estimates of 55.7, down from 56.6 in November. This marks the weakest improvement in two years, as factory output expanded at the slowest pace since October 2022, alongside softer growth in new orders. Export demand also increased at the weakest … - [Yuan Remains Strong to Start the Year](https://todaymarkets.ae/yuan-remains-strong-to-start-the-year/): The offshore yuan steadied around 6.97 per dollar on Friday, but traded at its strongest since May 2023, defying weaker central bank guidance as exporters continued selling dollars. The currency also recorded its largest annual gain since 2020, rising roughly 5% for 2025 to snap its three-year losing streak. The yuan’s rapid advance has prompted … - [EUR/USD Price Forecast: Keeps bullish vibe, first upside barrier emerges above 1.1800](https://todaymarkets.ae/eur-usd-price-forecast-keeps-bullish-vibe-first-upside-barrier-emerges-above-1-1800/): The EUR/USD pair trades in positive territory around 1.1755 during the early European trading hours on Friday. The European Central Bank (ECB) kept rates unchanged at its December policy meeting, and its outlook suggested less urgency for further cuts, which has provided some support to the Euro (EUR) against the US Dollar (USD).  ECB President Christine Lagarde emphasized a data-dependent, “meeting-by-meeting” … - [USD/CHF holds losses near 0.7900 amid dovish tone surrounding Fed outlook](https://todaymarkets.ae/usd-chf-holds-losses-near-0-7900-amid-dovish-tone-surrounding-fed-outlook/): USD/CHF loses ground as the US Dollar (USD) weakens over expectations of two more Federal Reserve rate cuts in 2026. The pair is trading around 0.7920 during the Asian hours on Friday. The Fed delivered a 25-basis-point (bps) interest rate cut at the December 2025 meeting, bringing the target range to 3.50%–3.75%. The US central bank reduced … - [Bitcoin, Ethereum, Ripple – BTC, ETH and XRP enter the New Year with breakout hopes](https://todaymarkets.ae/bitcoin-ethereum-ripple-btc-eth-and-xrp-enter-the-new-year-with-breakout-hopes/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) entered the new year trading at key technical levels on Friday, as traders seek fresh directional cues in January. With BTC locked in a tight range, ETH is approaching its 50-day Exponential Moving Average (EMA), while XRP is nearing resistance. A clear breakout across these top three cryptocurrencies could help define market … - [Gold - XAU/USD climbs to near $4,350 on Fed rate cut bets, geopolitical risks](https://todaymarkets.ae/gold-xau-usd-climbs-to-near-4350-on-fed-rate-cut-bets-geopolitical-risks/): Gold price (XAU/USD) rises to near $4,345 during the early Asian session on Friday. Gold finished 2025 with a significant rally, achieving an annual gain of around 65%, its biggest annual gain since 1979. The rally of the precious metal is bolstered by the prospect of further US interest rate cuts in 2026 and safe-haven flows.  The US Federal Reserve (Fed) … - [EUR/USD edges above 1.1750 due to ECB-Fed policy divergence](https://todaymarkets.ae/eur-usd-edges-above-1-1750-due-to-ecb-fed-policy-divergence/): EUR/USD has recovered its recent losses registered in the previous session, trading around 1.1760 during the Asian hours on Friday. Traders will likely observe Germany’s Manufacturing Purchasing Managers’ Index (PMI) data later in the day. The Euro (EUR) is finding support against the US Dollar (USD) as monetary policy paths diverge between the European Central … - [GBP/USD gathers strength above 1.3450 on Fed rate cut bets, BoE's gradual policy path](https://todaymarkets.ae/gbp-usd-gathers-strength-above-1-3450-on-fed-rate-cut-bets-boes-gradual-policy-path/): The GBP/USD pair gathers strength to around 1.3480 during the early Asian session on Friday. Expectations of the US Federal Reserve (Fed) rate cuts this year weigh on the US Dollar (USD) against the Pound Sterling (GBP). Philadelphia Fed President Anna Paulson is set to speak later on the weekend.  The Greenback ended 2025 with the sharpest annual … - [WTI steadies near $57.50 as traders await OPEC+ meeting](https://todaymarkets.ae/wti-steadies-near-57-50-as-traders-await-opec-meeting/): Akhtar FaruquiFXStreet West Texas Intermediate (WTI) Oil price holds ground after registering modest losses in the previous trading session, hovering near $57.50 during the Asian hours on Friday. Traders are awaiting Sunday’s virtual meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+), with expectations that the group will uphold its November … - [USD/CAD falls to near 1.3700 due to Fed rate cut bets, higher Oil prices](https://todaymarkets.ae/usd-cad-falls-to-near-1-3700-due-to-fed-rate-cut-bets-higher-oil-prices/): USD/CAD pares recent gains from the previous session, trading around 1.3710 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) loses ground over expectations of two more Federal Reserve rate cuts in 2026. Markets are bracing for US President Donald Trump to nominate a new Fed chair to replace Jerome Powell when his … - [NZD/USD rebounds above 0.5750 as traders expect more Fed rate cuts](https://todaymarkets.ae/nzd-usd-rebounds-above-0-5750-as-traders-expect-more-fed-rate-cuts/): NZD/USD halts its five-day losing streak, trading around 0.5760 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) loses ground over expectations of two more Federal Reserve rate cuts in 2026. Markets are bracing for US President Donald Trump to nominate a new Fed chair to replace Jerome Powell when his term … - [Oil Gains at Start of the Year](https://todaymarkets.ae/oil-gains-at-start-of-the-year/): WTI crude oil futures rose to around $57.7 on the first trading day of 2026, after posting their biggest annual decline in five years, as markets weighed upcoming OPEC+ talks and ongoing geopolitical developments. The cartel is set to meet virtually on January 4, with expectations that the group will maintain its November agreement to … - [Gold Rises to Kick-Start the Year](https://todaymarkets.ae/gold-rises-to-kick-start-the-year/): Gold rose to around $4,360 per ounce on the first trading day of 2026, extending its bullish momentum from its strongest annual performance in more than four decades. The metal gained about 65% last year, fueled by sweeping global US tariffs, expectations of lower US borrowing costs, persistent geopolitical uncertainty, sustained central bank buying, and … - [Australian Shares Start Year Steady](https://todaymarkets.ae/australian-shares-start-year-steady/): The S&P/ASX 200 hovered around 8,720 on Friday, starting the first trading session of the year little changed, as cautious sentiment and thin holiday liquidity limited moves. Investors remained mindful of a late-December pullback on Wall Street, while attention turned to upcoming monthly inflation data next week that could shape the RBA’s policy outlook after … - [Australian Dollar Starts 2026 Strong](https://todaymarkets.ae/australian-dollar-starts-2026-strong/): The Australian dollar appreciated to around $0.669 on Friday, trading near 14-month highs to kick off the new year positively as investors await next week’s monthly inflation data, which could influence the RBA’s policy stance following its hint at a possible rate hike this year. The central bank’s December meeting minutes showed policymakers are prepared … - [Dollar Starts New Year on Weak Footing](https://todaymarkets.ae/dollar-starts-new-year-on-weak-footing/): The US dollar fell to around 98.2 on the first trading day of 2026, building on its steepest annual loss in eight years. The greenback shed about 9% last year, weighed down by policy uncertainty following President Donald Trump’s tariff measures, rising expectations of Federal Reserve easing, a narrowing yield advantage over peers, and investor … - [Hong Kong Shares Rally to Begin 2026](https://todaymarkets.ae/hong-kong-shares-rally-to-begin-2026/): Hong Kong stocks jumped 413 points, or 1.6%, to 26,043 in early trade Friday, the first session of 2026, rebounding from prior losses and poised for a second straight weekly gain of about 1.0%. so far. Markets reopened after the New Year break amid a rally in U.S. futures, following solid year-end gains on Wall … - [Japanese Yen Stabilizes](https://todaymarkets.ae/japanese-yen-stabilizes/): The Japanese yen stabilized around 156.6 per dollar on Friday after two consecutive sessions of losses, though it remained near ten-month lows, intensifying calls for intervention. Tokyo’s verbal warnings last month briefly kept the yen out of the intervention zone, with Finance Minister Katayama emphasizing Japan’s freedom to act against excessive moves, though worries over … - [Silver Gains at 2026 Open](https://todaymarkets.ae/silver-gains-at-2026-open/): Silver climbed to around $73 per ounce on the first trading day of 2026, building on its strongest year on record. The precious metal surged 148% last year, breaking through several key levels, supported by its designation as a critical US mineral, tight supply conditions, low stockpiles, and strengthening industrial and investment demand. The rally … - [South Korean Shares Start Year Strong](https://todaymarkets.ae/south-korean-shares-start-year-strong/): The benchmark KOSPI rose more than 1% to around 4,260 on Friday, starting the first trading session of the year near record levels, as heavyweight semiconductor stocks advanced on optimism over sustained AI-driven demand. Samsung Electronics (3.6%) and SK hynix (2.3%) led the upside, supported by expectations that the global chip upcycle will continue to … - [US 10-Year Treasury Yield Remains Flat](https://todaymarkets.ae/us-10-year-treasury-yield-remains-flat/): The yield on the 10-year US Treasury held at around 4.2% on the first trading day of 2026, as market activity remained thin following the holidays. Investors continued to weigh the Federal Reserve’s interest rate path this year, focusing on upcoming economic releases, including December payrolls due next week, which could shed light on the … - [Cattle Close 2025 with Strength](https://todaymarkets.ae/cattle-close-2025-with-strength/): Live cattle futures saw gains of 82 cents to $1.22 on Wednesday. Cash trade has seen light $229 sales this week but not enough for a trend. The Wednesday morning Fed Cattle Exchange showed dressed sales of $230.5-232 on 599 of the 1,198 head offered. Feeder cattle futures were up another 70 to 80 cents to … - [Palm Oil Inches Higher on Seasonal Demand Prospects](https://todaymarkets.ae/palm-oil-inches-higher-on-seasonal-demand-prospects/): Malaysian palm oil futures edged up to hover around MYR 4,000 per tonne on Wednesday, rebounding from the prior session’s weakness. Prices found support from a softer ringgit and stronger rival edible oils in Dalian and Chicago, while demand expectations have improved ahead of the Lunar New Year and Ramadan fasting month in February. Still, … - [India Shares Extend Losses for Third Session](https://todaymarkets.ae/india-shares-extend-losses-for-third-session/): The BSE Sensex dropped 181 points, or 0.2%, to 84,882 in morning trade on Wednesday, down for the third consecutive session amid concerns over geopolitical tensions and the potential impact of fresh US tariffs. Traders also anticipated the release of US jobs data to guide the Fed’s monetary policy, as well as consumer and producer … - [China Stocks Extend Gains to Multi-Year Highs](https://todaymarkets.ae/china-stocks-extend-gains-to-multi-year-highs/): The Shanghai Composite rose 0.3% to around 4,095, while the Shenzhen Component added 0.35% to 14,070 on Wednesday, with mainland equities climbing to fresh multi-year highs amid optimism over China’s progress in artificial intelligence and other advanced technologies. Expectations of additional policy support further boosted sentiment after the central bank signaled plans to cut the … - [New Zealand Shares End at Record High](https://todaymarkets.ae/new-zealand-shares-end-at-record-high/): New Zealand’s benchmark S&P/NZX 50 index rose 0.4% on Wednesday, closing at an all-time high of 13,715, driven largely by gains in the health tech and non-energy minerals sectors. The local market followed an upbeat session on Wall Street overnight, as investors appeared to look past US intervention in Venezuela and instead focused on upcoming … - [Iron Ore Gains on China Demand Hopes](https://todaymarkets.ae/iron-ore-gains-on-china-demand-hopes/): Iron ore futures climbed above CNY 810 per tonne, nearing the highest levels since February last year, as optimism grew that fresh policy support from top consumer China would lift demand. The People’s Bank of China said it plans to lower the reserve requirement ratio and cut key policy rates this year to ensure ample … - [Copper Pulls Back From All-Time High](https://todaymarkets.ae/copper-pulls-back-from-all-time-high/): Copper futures slipped toward $5.9 per pound on Wednesday, retreating from record highs and tracking a broader pullback across the metals complex as investors took profits. Commodities also faced pressure from a firmer dollar as markets braced for a heavy slate of US economic data that could shape the Federal Reserve’s policy outlook. Meanwhile, China’s … - [Nat-Gas Prices Sink on Forecasts for Above-Normal US Temps](https://todaymarkets.ae/nat-gas-prices-sink-on-forecasts-for-above-normal-us-temps/): February Nymex natural gas (NGG26) on Tuesday closed down -0.173 (-4.91%), Feb nat-gas prices extended their week-long plunge on Tuesday to a new 2.25-month nearest-futures low.   Forecasts for above-normal US temperatures that will curb heating demand and allow for nat-gas inventories to rebuild are hammering prices.  Forecaster Xweather said Tuesday that above-normal temperatures will … - [Crude Prices Retreat on Dollar Strength and Energy