Copper prices are extending their advance as labour disputes and adverse weather conditions disrupt mining operations in Chile, the world’s largest copper producer. Futures have climbed above $6.70 per pound, moving closer to record highs as uncertainty surrounding production at major mines adds to concerns about global supply availability. The potential strike at BHP’s Escondida […]
Silver price (XAG/USD) gains ground after two days of losses, trading around $59.20 per troy ounce during Asian hours on Wednesday. Non-yielding Silver gains following dovish remarks from New York Federal Reserve President John Williams. Speaking on Tuesday, Williams noted that while he maintains his view that one more rate hike may be appropriate this […]
European natural gas prices remain under pressure from tightening supply conditions, below-average storage levels and the risk of increased heating demand as colder weather approaches. Prices hover near €87 per megawatt-hour, close to their highest levels since December 2022, as the loss of Gulf liquefied natural gas (LNG) supplies intensifies competition for available cargoes. Although […]
The Euro (EUR) extends its Tuesday’s strong recovery move to near 1.1210 against the US Dollar (USD) during the Asian trade on Wednesday. The major currency pair attracts bids due to the correction in the US Dollar amid the pause in United States (US) Treasury Yields’ rally remaining intact ahead of the Consumer Price Index […]
Coffee prices face opposing supply forces as tight availability from Colombia and concerns over El Niño-related weather disruption compete with expectations for a record global crop. December 2026 arabica futures recently gained 0.72%, while November 2026 robusta futures declined 0.55%, reflecting the different supply outlooks confronting the two coffee markets. Arabica prices continue to receive […]
China’s export performance is accelerating, with September 2026 shipments reaching a record $447.18 billion as global demand for artificial intelligence infrastructure, advanced manufacturing components and high-tech products continues to support the country’s external trade. Export growth reaches a seven-month high, while imports also climb to a record level, highlighting strong demand for industrial inputs, technology […]
The offshore yuan is trading near 6.69 per US dollar, approaching its strongest level since July 2022 as robust external demand and record Chinese trade figures support the currency. China’s trade surplus widened sharply in September 2026, with exports and imports both reaching record levels, highlighting the scale of activity across the country’s external economy. […]
Sugar prices are gaining support from weather-related supply disruptions in Brazil and growing concerns about global production in the 2026/27 season. Persistent rainfall across Brazil’s Center-South sugar-growing region is slowing harvesting and disrupting cane crushing at mills, restricting the flow of sugar supplies just as the market assesses the impact of potentially adverse weather across […]
Cocoa prices are finding support from adverse weather conditions in West Africa and growing concerns about the size and quality of the 2026/27 harvest. Heavy rainfall in the Ivory Coast is disrupting access to cocoa farms and slowing deliveries to ports just as harvesting begins, while early crop assessments point to weaker pod development across […]
The Canadian Dollar (CAD) trades slightly higher against the US Dollar (USD) on Wednesday ahead of the United States (US) Consumer Price Index (CPI) data at 12:30 GMT. In the Asian trade, the USD/CAD pair is marginally down to near 1.4200, as the US Dollar extends its decline. As of writing, the US Dollar Index […]