Cotton futures are holding a firmer tone as improving US-China trade conditions provide some support to the demand outlook, while the advancing US harvest continues to bring additional physical supply toward the market. Futures closed higher across the board, with gains ranging from 4 to 71 points, while crude oil also strengthened and the US […]
The Indian rupee has weakened to around 96.13 per US dollar, breaking above the psychologically important 96 level and reaching its weakest point in roughly two months. The move comes as higher US Treasury yields, a stronger dollar and elevated crude oil prices combine to increase pressure on India’s currency. The rise in US yields […]
Key takeaways The Week Ahead: a key moment for the global economy as threats rise Oil prices are rising once more on Monday, and Brent crude is higher by more than 3% after last week’s hopes for a diplomatic solution to reopen the Strait of Hormuz have been dashed. The Brent crude continuous contract is […]
Gold prices fell by more than 4% on Monday, breaking through key support levels and dropping below the $4,200-per-ounce mark to their lowest level in nearly two months. The sell-off in the precious metals market is the result of cumulative pressure from rising U.S. Treasury yields and resurgent inflation fears fueled by a spike in […]
Shift in narrative Just a few days ago, the market was heavily fearing a return of crude oil prices to new all-time records during the ongoing war. However, now investors are starting to play out a completely different scenario: the collapse of the Iran blockade. Although oil prices are rebounding significantly during the last Monday […]
The Japanese yen is trading under renewed pressure against the US dollar, with USD/JPY around 157.75 as the pair recovers from Friday’s retracement decline. The move comes after the latest Bank of Japan meeting minutes and against a backdrop of elevated US Treasury yields and expectations for further Federal Reserve tightening. The policy divergence between […]
Currency is part of almost every financial decision we make. Whether you are running an international business, buying property overseas, receiving a salary in another currency, travelling internationally, investing abroad, paying suppliers, importing goods or simply holding savings in a foreign currency, exchange rates can have a direct impact on what your money is worth. […]
US natural gas prices fell to $3.16 per MMBtu on Friday as traders took profits after prices surged to a 13-week high in the previous session amid supply disruptions in West Virginia. TC Energy’s Columbia Gas Transmission pipeline in Appalachia declared force majeure due to an unexpected mechanical issue, prompting the biggest single-day gain in […]
Cocoa prices are extending their rebound as dry conditions across West Africa raise fresh concerns about the development of the 2026/27 crop. December ICE New York cocoa is trading around $5,600 per metric ton, while December London cocoa is near £4,200, with both markets posting a third consecutive session of gains. The immediate catalyst is […]
The Bank of Japan did exactly what the market expected, raising the interest rate by 25 basis points to 1.25%, the highest level since 1995. In a textbook scenario, such tightening should support the currency. Meanwhile, the yen reacted with a weakening, and the USDJPY pair dynamically returned above the 157 barrier. This is the […]