US natural gas prices remain under pressure at $2.59 per MMBtu, following a two-year low in the previous session. Forecasts for warmer-than-normal weather across much of the eastern United States are weakening heating-demand expectations, while rising production is adding to supply concerns. However, stronger liquefied natural gas (LNG) export flows are helping cushion further losses. […]
Gold (XAU/USD) meets with a fresh supply during the Asian session on Tuesday, stalling the previous day’s modest bounce from the vicinity of a three-month low amid a firmer US Dollar (USD). The precious metal, however, defends the $4,000 psychological mark as traders now seem hesitant and opt to wait for the outcome of the […]
Silver price (XAG/USD) depreciates after posting minor gains in the previous day, trading around $53.80 per troy ounce during Asian hours on Tuesday. Non-yielding Silver is trading near an 11-month low of $53.01, recorded on Monday, as elevated energy prices keep inflation risks in focus, sustaining expectations for further monetary tightening. However, the downside pressure […]
The AUD/JPY cross trades in positive territory around 110.75 during the early European trading hours on Tuesday. Hawkish tone from the Reserve Bank of Australia (RBA) provides some support to the Australian Dollar (AUD) against the Japanese Yen (JPY). Australia’s September inflation data will be the highlight later on Wednesday. On Friday, the Bank of […]
USD/CAD gains ground for the second successive day, trading around 1.4020 during Asian hours on Tuesday. The pair rises as the US Dollar (USD) continues to gain ground, driven by market caution ahead of interest rate decisions by the US Federal Reserve (Fed) and the Bank of Canada (BoC) due Wednesday. Financial markets expect the […]
The Saudi-led coalition said on Tuesday that air defences intercepted and destroyed four drones launched by the Houthis towards the southern region of Saudi Arabia, Reuters reported. Saudi Civil Defense issued early warning alerts for a potential hostile threat in the Eastern Region and in Kharj governorate, before later saying the danger had passed in […]
EUR/JPY remains stronger for the second successive day, trading around 176.20 during Asian hours on Tuesday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish bias as it holds beneath both the nine- and 50-day Exponential Moving […]
The South Korean won has strengthened to around 1,324 per US dollar, reaching its strongest level since October 2024. Month-end dollar selling by exporters and offshore investors has increased the supply of US dollars, while stronger-than-expected economic growth and supportive comments from the Bank of Korea have reinforced the won’s recovery. However, elevated oil prices […]
Malaysian palm oil futures have declined more than 1.5%, trading near MYR 4,700 per tonne and approaching a two-week low. Weakness in competing edible oils, record-high September inventories and softer crude oil prices are weighing on sentiment. However, stronger October exports, festive demand from India and potential weather-related supply risks are helping limit losses. Market […]
South Korea’s 10-year government bond yield has fallen to 4.04%, its lowest level since May 2026, extending a sharp decline in recent weeks. The yield has dropped 49.80 basis points over four weeks, although it remains 110.80 basis points higher year on year. Market Snapshot Indicator Latest South Korea 10-year bond yield 4.04% Recent low […]