Cotton futures ended Friday mixed, with contracts ranging from a 19-point decline to a 24-point gain, while December cotton lost 54 points over the week. The market enters Monday’s open balancing weaker US export sales and shipments against continued managed-money buying, rising crude oil prices and a softer US dollar. The immediate outlook is mixed, […]
Facts: Recommendation: NATGAS.EU (D1) Source: xStation5 OPINION : Despite the strongly bullish momentum the contract price has shown in recent months, it has displayed a noticeable tendency to return toward the regression line (mean reversion) and closer to the middle of the Fibonacci channel range. The price is currently near the 423.6 level of the […]
The FTSE 100 faces renewed pressure from the banking sector as speculation over a potential UK bank-specific tax weighs on domestic lenders. Lloyds Banking Group has fallen 2% and NatWest has declined 1.8% following reports that the government is considering higher taxes on bank profits ahead of the upcoming Budget. The potential policy change comes […]
EURUSD rises for a second consecutive day, supported by lower yields and cooling oil prices EUR/USD continues to rebound after falling to a 17-month low, with yesterday’s stronger-than-expected U.S. PPI inflation data failing to halt the recovery. The pair is up nearly 0.2% today after gaining around 0.6% in the previous session, supported not only […]
Key takeaways Surprise from inventory data and force majeure on the pipeline Natural gas prices are falling for the third consecutive day. It is worth noting that on Wednesday we observed a pullback of almost 5%, which was largely erased. Looking at yesterday’s strong bearish candle and today’s continuation, we are testing the area around […]
Palm oil is leading agricultural commodity performance, rising 1.89%, while rubber falls 1.51% and sugar declines 0.97%. The contrasting moves highlight divergent trading conditions across agricultural markets, with palm oil attracting buying interest while rubber and sugar remain under pressure. The next direction will depend on supply developments, export demand, weather conditions, inventory levels and […]
Energy commodities are trading lower, led by a 1.62% decline in natural gas. Heating oil falls 1.19%, gasoline drops 1.11%, US crude oil declines 0.68% and Brent crude slips 0.54%. The broad-based weakness points to selling pressure across the energy complex, although the available price changes alone do not confirm whether the move reflects weaker […]
The South Korean won traded around 1,333 per dollar, recovering losses and approaching its strongest level since October 2024, as an easing semiconductor sell-off and renewed appetite for riskier assets lifted the currency. Foreign investors returned to net buying in South Korean equities, purchasing KRW 343.5 billion worth of shares after a prolonged tech-led rout, […]
The Euro (EUR) remains on its back foot against the British Pound (GBP) on Friday, as UK macroeconomic data released on Tuesday beat expectations while Eurozone’s figures disappointed. The EUR/GBP pair hit session lows around 0.8440 on Friday, down from Thursday’s highs near 0.8480, and is on track to complete a three-week bearish cycle. Data […]
The USD/JPY pair loses ground to near 157.85 during the early European trading hours on Friday. Hawkish hints from Bank of Japan (BoJ) policymakers provide some support to the Japanese Yen (JPY) against the US Dollar (USD). BoJ board member Junko Koeda said on Thursday that the central bank should not become overly cautious about […]