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 […]
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 […]
Facts Recommendation Short position on GOLD at the current market price. Opinion Gold is facing a growing problem: a stronger U.S. dollar and a lack of fresh upside catalysts. No new source of momentum emerged despite the pullback in oil markets, pushing the price down toward $4,320 per ounce and erasing a significant portion of […]
The AUD/JPY cross trades in negative territory around 111.95 during the early European session on Wednesday. A lack of explicitly hawkish guidance from the Bank of Japan (BoJ) after the rate hike last week exerts some selling pressure on the Japanese Yen (JPY) against the Australian Dollar (AUD). The BoJ last week decided to raise its […]
The EUR/USD pair remains under some selling pressure for the third straight day, touching a fresh low since July 29, around the 1.1425 region, during the Asian session on Wednesday. The US Dollar (USD) retains its bullish undertone amid the US Federal Reserve’s (Fed) hawkish outlook and geopolitical risks. The shared currency, on the other […]
The Australian Dollar (AUD) is down 0.15% at around 0.7100 against the US Dollar (USD) during the early European trading session on Wednesday. The Aussie pair faces pressure as the US Dollar extends its advance, with Federal Reserve (Fed) board members delivering hawkish commentary on interest rates and warnings of persistent inflation risks. US Dollar […]
EUR/JPY extends its losses for the second successive day, trading around 180.10 during Asian hours on Wednesday. Technical analysis of the daily chart shows the currency cross remaining within a descending channel, suggesting a persistent bearish bias. The EUR/JPY cross is maintaining a mild bearish bias as it holds just above the nine-day Exponential Moving […]
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 […]
Iron ore futures in China are currently trading above CNY 710 per ton, recovering from recent weakness as renewed supply concerns provide support despite continuing pressure from China’s steel and construction sectors. The market is being pulled in opposite directions. Potential supply disruptions in Brazil and rising shipping costs for smaller Brazilian producers are tightening […]
The Indian rupee is currently hovering around 95.6 per US dollar, stabilizing after three consecutive sessions of gains as softer crude oil prices and continued Reserve Bank of India support help contain currency volatility. The rupee is benefiting from a potentially more favorable energy-cost environment, while official intervention is providing additional stability as traders monitor […]