Currency Hedger Analysis The offshore Chinese yuan held near 6.69 per US dollar, its strongest level since July 2022, as Beijing expands access to yuan-denominated investments, financing and hedging instruments. The move signals growing support for the yuan’s international role, although its longer-term strength will depend on China’s economic performance, capital flows and policy decisions. […]
Today Markets Analysis Corn futures remain below $4.80 per bushel, close to an eight-week low, as expectations of a larger US harvest and rising inventories outweigh slower harvesting and stronger export demand. The balance of risks remains tilted towards pressure on prices while production estimates rise and substantial supplies enter the market. Market Snapshot Market […]
Today Markets Analysis | Lithium | Battery Metals | Electric Vehicles | Commodities Lithium carbonate prices in China have fallen to CNY 100,000 per tonne in October, their lowest level in nearly ten months, as concerns over softer battery demand combine with ample supply and rising reported inventories. The decline highlights the challenges facing the […]
Today Markets Analysis | Gold | Precious Metals | Federal Reserve | Central Bank Demand Gold is attempting to recover from its recent sell-off, rising more than 1% as investors assess the impact of higher US Treasury yields, Federal Reserve rate expectations and persistent geopolitical uncertainty. The precious metal has stabilised around the $4,100–$4,150 per […]
Today Markets Analysis | Forex | Norwegian Krone | Central Banks The Norwegian krone (NOK) could receive support from Norges Bank’s commitment to keeping interest rates elevated for longer as persistent inflation continues to exceed the central bank’s 2% target. The decision to bring forward a rate hike to September reflects concerns that inflation remains […]
The Indian Rupee (INR) trades higher against the US Dollar (USD) on Thursday. The USD/INR pair slides to near 94.95 as the US Dollar underperforms and United States (US) Treasury Yields face intense selling pressure in the aftermath of the US Consumer Price Index (CPI) data for September released on Thursday. US Dollar Price Today […]
The Euro (EUR) retreats further from session highs against the British Pound (GBP) on Thursday, as Eurozone Industrial Production misses expectations, while UK monthly Dros Domestic Product (GDP) figures posted a positive surprise. The EUR/GBP pair has retreated below 0.8460 from session highs near 0.8480 during the early Asian trade and is practically flat on […]
The Canadian Dollar (CAD) has shown a sharp recovery against the US Dollar (USD) over the last few sessions, with the USD losing momentum, weighed by lower US Treasury yields and dovish comments by Federal Reserve (Fed) officials. The USD/CAD pair is trading at fresh two-week lows around 1.4195 as of writing, after being rejected […]
Nickel prices have fallen below $15,300 per tonne, reaching their lowest level since December 2025 as expectations of a global supply surplus continue to pressure the market. The International Nickel Study Group (INSG) has revised its 2026 outlook from a 32,000-tonne deficit to a 19,000-tonne surplus and expects the excess to widen to 70,000 tonnes […]
Zinc futures have fallen to approximately $3,670 per tonne in mid-October, reaching their lowest level since early August. The decline reflects expectations of increased Chinese zinc concentrate availability and renewed pressure from a stronger US dollar. However, tightening production conditions in Western markets and uncertainty surrounding European smelting capacity continue to create a more complex […]