Today Markets Analysis: US cotton futures are coming under renewed pressure as a firmer US dollar, weaker crude oil prices and a more hawkish Federal Reserve outlook combine to create a challenging near-term environment for the fibre market. October 2026 cotton was the weakest of the actively traded contracts, closing at 80.44 cents per pound, […]
Today Markets Analysis: US soybean futures are heading into the next session with a modestly firmer tone, after contracts gained 1¾ to 3½ cents on Wednesday. November 2026 soybeans closed at $13.20½ per bushel, while January and March 2027 futures also moved higher. However, weakness across soymeal and soybean oil is tempering the broader bullish […]
Today Markets Analysis: US corn futures finished Wednesday lower across the board, with contracts declining 1½ to 2¼ cents as traders weighed rising ethanol inventories, expectations for Thursday’s export data and a larger Canadian corn crop. December 2026 corn closed at $5.34¼ per bushel, down 1½ cents, while March and May 2027 contracts also fell […]
Wheat markets finished Wednesday on firmer ground, with all three major U.S. wheat exchanges posting gains as traders weighed tighter production expectations and shifting global export prospects. Chicago SRW futures ended the session 1½ to 6½ cents higher, while KC HRW contracts gained between 1 and 5 cents. Minneapolis spring wheat also strengthened, with contracts […]
Ahead of the Fed: will Warsh bite the bullet? The markets are in an optimistic mood ahead of the key Federal Reserve meeting later tonight. Bond yields are dropping, the oil price is moderating and Brent crude is back below $107 per barrel, equity indices are higher, with US indices also expected to open higher […]
The US technology sector has run out of steam following months of buoyant growth. Although the Nasdaq 100 index still boasts a solid year-to-date return of 14.6%, recent weeks have brought a marked cooling in sentiment. Over the past month, the index has slipped by 3.7%, and it now stands 5.6% below its record highs. […]
UK inflation data was in line with expectations, at 3.1% for August. This is a rise from 2.9% in July, and is inline with expectations. Of course, the real shock to price growth will be September, when oil prices surged above $100 and the price of unleaded petrol and gas rose to their highest levels […]
Copper is attempting to stabilise after its latest correction, with the broader technical structure continuing to point toward an underlying bullish trend. The metal has recently experienced increased volatility after reaching record levels, with the latest pullback taking prices toward an important technical support area. On September 16, copper was recovering around the $14,000-per-tonne region […]
Wednesday will be dominated by the US Fed’s evening decision (7:00 PM) – the most anticipated central bank meeting of the year. The market has almost fully priced in a 25 bps rate hike, the first since July 2023. Figure 1: Change in Market-Implied Probability of the Fed’s September Rate Hike (2025 – 2026) Source: […]
Today Markets Analysis: US live cattle futures moved lower across the board on Tuesday, while feeder cattle suffered a sharper decline as traders balanced weaker futures against firm cash cattle prices and stronger wholesale beef values. October 2026 live cattle settled at $220.70 per cwt, down $1.55, while December fell $1.80 to $223.35. Feeder cattle […]