Commodities
Commodities, Technical Analysis
Cotton Futures Hold Near 84 Cents as US Crop Progress, Oil Prices and Dollar Set Market Direction
Today Markets Analysis: US cotton futures were mixed on Tuesday, with the nearby October contract edging higher while deferred contracts moved lower as traders balanced improving US crop conditions against rising energy costs and currency-market pressure. October cotton settled at 81.10 cents per pound, up 46 points, while December fell 7 points to 84.48 cents […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Cocoa slips 3% and test important technical support zone
ICE cocoa futures (COCOA) are down around 3% today as the market once again focuses on improving near-term physical availability and elevated inventories. Pressure on prices is being reinforced by strong cocoa arrivals at ports in Côte d’Ivoire and ICE-monitored inventories remaining at relatively high levels. This is easing concerns about immediate supply shortages ahead […]
by Currency Hedger
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- 3 weeks ago
Commodities, Energies, Market Analysis, Metals, Technical Analysis
Commodity Talk – Natgas, Coffee, Oil, Gold
Commodity Overview It is worth noting the low RSI on the part of coffee, gold, and nickel, while at the same time an extremely high level is found on oil and European gas. Source: XTB Natgas European Natgas is already trading around 83 EUR/MWh, approaching resistance associated with the 127.2 Fibonacci retracement of the March-April […]
by Currency Hedger
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- 3 weeks ago
Commodities, Technical Analysis
Palm Oil Pushes Above MYR 4,850 as Oil and Weather Risks Clash With Rising Inventories
Today Markets Analysis: Malaysian palm oil futures extended their gains above MYR 4,850 per tonne, supported by a weaker Malaysian ringgit, higher crude oil prices and growing concerns over dry weather in Southeast Asia. However, the rally is facing significant bearish headwinds, with Malaysian inventories at an eight-month high, production increasing and exports weakening. The […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis
Wheat Struggles as Weak US Exports Offset Harvest Progress
Today Markets Analysis: Wheat futures finished mixed on Monday, but the underlying fundamentals remain challenging. US spring wheat harvest is essentially complete, winter wheat planting is beginning, and export shipments continue to trail last year’s pace significantly. At the same time, a larger Ukrainian crop estimate is adding to global supply expectations. The result is […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis
Corn Starts the Week Higher as US Harvest Progress Meets Resilient Demand
Today Markets Analysis: Corn futures opened the new trading week on firmer footing, with contracts gaining between 1¼ and 3½ cents as traders balanced accelerating US crop maturity against relatively stable export demand and changing global supply expectations. December corn finished at $5.33¼, up 3 cents, while the nearby cash market climbed 3¼ cents to […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis
Soybeans Rebound as Export Demand and Domestic Crushing Offer Fresh Support
Today Markets Analysis: Soybean futures recovered on Monday, with contracts gaining between 5 and 9¾ cents, as traders weighed improving harvest progress against stronger export shipments and expectations for continued domestic crushing demand. The rebound comes as the US crop moves further into harvest, while export flows remain below last year’s pace and the market […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis
Cattle Surge as Tight Cash Supplies Drive Futures Higher
Today Markets Analysis: Cattle futures started the week sharply higher, with live cattle and feeder cattle contracts posting broad gains as stronger cash prices and a powerful move in the feeder market reinforced expectations of continued strength across the US cattle complex. Live cattle futures gained between $2.07 and $2.92, while feeder cattle led the […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis
Cotton Slides as US Harvest Progress and Stronger Dollar Weigh on Prices
Today Markets Analysis: Cotton futures came under renewed pressure Monday as the market weighed improving US crop conditions, advancing harvest activity and a firmer US dollar against signs that physical cotton supplies remain relatively tight. The October contract fell 174 points to 80.64 cents per pound, while December cotton dropped 151 points to 84.55 cents. […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis
Sugar Holds Near Recent Highs as Global Supply Outlook Tightens
Today Markets Analysis: Sugar prices remained close to recent highs on Monday as the market continued to digest a tightening global supply outlook, with production risks in major growing regions increasingly offsetting the large crop and surplus expected for the current season. October NY world sugar #11 finished 0.06% higher, while October London white sugar […]
by Currency Hedger
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- 3 weeks ago