Coffee prices are showing renewed strength after falling to three-month lows, with December New York arabica coffee recovering alongside November London robusta. December arabica recently gained 3.60 cents (+1.32%), while November robusta increased 57 points (+1.75%) as technical buying and short covering provided support following the sharp sell-off of recent weeks. The recovery is developing […]
US heating oil prices are showing renewed strength as the market reassesses domestic diesel availability following the White House denial of reports that the United States was preparing a 90-day diesel export ban. October heating oil futures remain around $4.80 per gallon, while the broader distillate market continues to trade near historically elevated levels as […]
Cocoa prices are showing renewed strength as weather concerns across West Africa return to the forefront of the market. New York December cocoa has moved higher alongside a stronger recovery in London cocoa, with below-normal rainfall forecasts for Ivory Coast raising concerns about crop development and potential production losses during the 2026/27 season. The recovery […]
Sugar markets remain caught between competing fundamental forces. New York sugar is finding support from concerns that persistent rainfall in Brazil could slow the Center-South harvest, while longer-term supply risks in India and Thailand continue to underpin the global balance. However, the upside remains constrained by evidence of weak physical demand and increasingly large speculative […]
Cotton futures are currently finding support across most actively traded contracts, with the market balancing firm physical prices and limited certified stocks against a stronger US dollar and higher crude oil prices. The latest futures structure shows the market maintaining a firmer tone into the deferred contracts, while thinly traded October remains under pressure as […]
The U.S. dollar is resuming a significant upward trend today and is breaking out to new 8-week highs, as seen in the dollar index (USDIDX). The pair has reversed its previous downtrend on EUR/USD, driven by hawkish bets on future Fed policy and Trump’s surprisingly calm comments on the matter. The USDIDX is shifting its […]
U.S. President Donald Trump has backed restrictions on diesel exports from the United States, while Treasury Secretary Scott Bessent confirmed that the administration is examining both a full and a partial ban. No decision has yet been made, but Trump said it should come quickly. This marks a significant shift in the administration’s stance, as […]
takeaways There are further signs that the global economy remains resilient to the latest energy price spike. The European and UK PMI data for September has been released, and the news is optimistic. Eurozone and UK data showed continued expansion in the private sector this month, even though the UK data slowed compared to the […]
The OECD estimates that the global economy is performing somewhat better in 2026 than expected just a few months ago, despite the energy shock triggered by the war with Iran. Support has come not only from investment related to artificial intelligence, but also from the release of part of global oil reserves, lower energy imports […]
The South Korean won is currently trading around 1,351 per US dollar, extending a sharp recovery as falling oil prices, powerful export growth and improving expectations for South Korea’s economic performance provide support for the currency. The won is benefiting from two important domestic and external developments. Lower crude oil prices are reducing inflation and […]