Copper futures climbed to around $6.65 per pound on Monday, extending gains for a fifth consecutive session as stronger indicators of Chinese demand and concerns over tightening global supply continued to support the market. The Yangshan copper premium, an important indicator of physical copper demand in China, rose to $121 per tonne last week, its […]
USD/JPY enters Monday trading with the US Dollar firmly supported against the Japanese Yen after the pair surged 0.63% on Friday and reached a daily high of 158.06 before pulling back toward 156.95-156.98. The Japanese Yen weakened despite the Bank of Japan (BoJ) raising its policy rate by 25 basis points to 1.25%, its highest […]
The Australian Dollar (AUD) is heading into Monday trading with positive momentum against the US Dollar after AUD/USD successfully broke above the important 0.7100 level. The pair reached 0.7136 during Friday’s session before settling around 0.7120-0.7124, close to the session highs. The move higher reflects improving risk appetite and growing expectations that the Reserve Bank […]
Global financial markets enter the week of September 21, 2026 facing several competing macroeconomic forces, with the Middle East war, central-bank policy, US-China trade relations, AI investment and major economic data releases likely to dominate investor attention. Energy prices remain particularly sensitive to developments in the Middle East, with disruptions to oil and gas supply […]
Lithium carbonate prices in China fell below CNY 135,000 per tonne in September, reaching their lowest level of the year as a major upward revision to Chinese stockpiles caused markets to reassess the global supply outlook. The revision came after industry group SMM changed its methodology for compiling inventory data, resulting in a 175,000-ton increase […]
The Mexican peso weakened to around 17.2 per US dollar after reaching a more than two-year high of 16.98 on September 11, as the US Federal Reserve raised interest rates and signaled that another rate increase could still be possible this year. The Fed increased its federal funds target rate by 25 bps to 3.75%-4.00%, […]
US natural gas futures recovered on Friday after falling to a one-week low, with October Nymex natural gas closing 1.1 cents higher at $2.86/MMBtu, up 0.38%, as pre-weekend short covering helped prices recover despite increasingly cooler US weather forecasts. The natural gas market remains caught between competing fundamental forces. Cooler US temperatures, record-high projected storage […]
WTI crude oil futures fell on Friday as hopes for renewed Middle East diplomacy eased immediate fears of a prolonged supply disruption, although the broader oil market remains fundamentally tight because of disrupted Middle Eastern and Russian flows. October WTI crude oil closed $1.61 lower at $100.36 per barrel, down 1.58%, while October RBOB gasoline […]
Live cattle futures finished mixed on Friday, but the underlying US cattle supply picture is becoming increasingly supportive as August cattle placements fell to a record low for the month and September 1 on-feed inventories remained only marginally above last year. October live cattle closed at $215.925, up 27.5 cents, while December gained 37.5 cents […]
Wheat futures moved lower across all three major US exchanges heading into the weekend, with Chicago SRW, Kansas City HRW and Minneapolis spring wheat futures all under pressure as traders reduced risk and speculators shifted toward more defensive positioning. Weak US export sales, slower-than-average shipment commitments and renewed fund selling added to the bearish tone, […]