Swiss Franc holds gains against US Dollar despite hawkish Fed outlook USD/CHF inches lower after two days of gains, trading around 0.8330 during Asian hours on Thursday. The currency pair could regain ground as the US Dollar (USD) draws support from an increasingly hawkish Federal Reserve policy outlook, driven by hotter-than-expected US Consumer Price Index […]
The EUR/USD pair declines to near 1.1080 during the early European trading hours on Thursday. A cautious stance from the European Central Bank (ECB) weigh on the Euro (EUR) against the US Dollar (USD). ECB policymaker Philip Lane said that energy prices may be falling, but the central bank’s interest rate decisions will depend on […]
The highlight of the United Kingdom’s (UK) economic calendar this week will be the preliminary estimate of third-quarter Gross Domestic Product (GDP), which the Office for National Statistics will release on Thursday. The market is bracing for 0.7% growth in the three months to September, following 0.5% growth in the second quarter of 2026, with […]
Malaysian palm oil futures are pushing higher, trading near MYR 4,450 per tonne as bargain hunting, a weaker ringgit and firmer competing edible oils provide support. The recovery is moving prices further away from their lowest levels since early March, although concerns over slowing export demand and rising Malaysian production continue to limit the upside. […]
Live cattle futures are showing relative resilience, while the feeder cattle market continues to attract buying interest. However, the wider US cattle complex faces conflicting signals: feeder cattle prices are advancing, wholesale beef values are declining, and cash trade has yet to establish direction for the week. The latest futures activity points to continued strength […]
Coffee prices remain under pressure as expectations of increased exports from Brazil, rising warehouse arrivals and stronger production forecasts reinforce concerns over global supply. December New York arabica coffee (KCZ26) declined 0.88% on Wednesday, losing 2.40 points, while January ICE robusta (RMF27) slipped 0.15%, down 5 points. Arabica extended its three-week decline, reaching a 4.75-month […]
Cocoa prices are attracting renewed buying interest as heavy rainfall in the Ivory Coast disrupts the movement of cocoa beans to collection centres, raising concerns over near-term export availability. December New York cocoa (CCZ26) advanced 3.48%, gaining 165 points, while December London cocoa #7 (CAZ26) rose 3.44%, adding 125 points. The recovery follows several weeks […]
Sugar prices are attracting renewed buying interest as stronger crude oil prices improve the economics of ethanol production and raise the possibility that mills in major producing countries could divert more sugarcane towards biofuel rather than sugar. The latest advance follows a period of considerable pressure from Brazilian currency weakness and expectations of stronger Indian […]
Cotton futures finished Wednesday’s session mostly lower, with contracts ranging from unchanged to 17 points down as traders assessed the latest US production estimates, declining cotton output and physical-market indicators. December 2026 cotton settled at 78.52 cents per pound, down 17 points, while March 2027 closed at 82.39 cents, down 12 points. May 2027 finished […]
Copper futures declined towards $6.20 per pound on Thursday, approaching fresh four-month lows as a stronger US dollar and rising London Metal Exchange inventories added pressure to the industrial metal. The dollar strengthened following hotter-than-expected US inflation data and increasingly hawkish signals from Federal Reserve officials, lifting expectations of more aggressive interest-rate increases. This has […]