The yield on the US 10-year Treasury note edged above 5% on Wednesday, finding support as investors geared up for the upcoming Federal Reserve policy decision. The central bank is widely expected to leave interest rates unchanged, although traders will look for signals regarding a potential rate hike in December. Key economic releases, including GDP […]
Coffee markets are showing diverging price movements as currency volatility in Brazil, rising global supply expectations and changing inventory levels influence arabica and robusta futures. December ICE New York arabica coffee fell 2.39%, while November ICE London robusta coffee advanced 1.44% in the latest reported session. Arabica remains under pressure from concerns that Brazilian exporters […]
Australia’s annual inflation rate accelerated to 4.3% in September 2026 from 4.0% in August, above market expectations of 4.2%, marking the highest rate since March. The reading also moved further above the central bank’s 2–3% target range. Transport inflation accelerated to a six-month high of 8.7% from 5.6%, driven by higher automotive fuel prices, which […]
Cocoa prices are recovering as declining arrivals from Ivory Coast, deteriorating crop prospects across West Africa and the risk of stronger El Niño conditions provide support to the market. However, rising ICE-certified inventories and uneven demand across major consuming regions continue to limit the upside. December ICE New York cocoa futures (CCZ26) gained 1.58% to […]
Global sugar futures are attempting to stabilise after a sharp sell-off, with New York raw sugar and London white sugar both closing higher in the latest reported session. The recovery follows a steep decline that pushed New York sugar to a one-month low, as weakness in the Brazilian real increased concerns about export competitiveness from […]
The Reserve Bank of New Zealand kept its official cash rate unchanged at 2.75% at its October 2026 meeting, defying market expectations for a 25bp hike. The decision was split 4-3, as policymakers prioritised returning inflation to the 2% midpoint of the target range while avoiding unnecessary volatility in output, employment, interest rates and the […]
Australia’s 10-year government bond yield rose toward 5.2%, climbing off a recent seven-week low after hotter-than-expected inflation data boosted expectations for a fifth rate hike this year. Monthly CPI rose 0.8% in September, the biggest increase in six months and above the expected 0.7%, while the annual pace jumped to 4.3% from 4.0% in August, […]
US cotton futures are facing renewed selling pressure, with contracts falling between 79 and 113 points as a stronger US dollar and weaker crude oil prices add to the bearish market backdrop. December 2026 cotton settled at 78.06 cents per pound, while March 2027 fell to 81.82 cents and May 2027 declined to 83.39 cents. […]
Global government bond yields are moving in mixed directions, with South Korea’s 10-year yield leading the latest gains, rising 7.20 basis points. Japan’s 10-year yield has increased by 3.79 basis points, while the US 10-year Treasury yield has advanced by 2.40 basis points. New Zealand stands out on the downside, with its 10-year government bond […]
Crude oil has climbed above $101 per barrel, reversing a two-session decline as renewed uncertainty surrounding the Middle East conflict strengthens concerns over potential supply disruptions. Reports that the United States has urged several Persian Gulf nations to prepare for a possible new military campaign against Iran have increased geopolitical risk across the energy market. […]