Heating Oil SLIDES to 1-Month Low as G7 Reserve Release Targets Fuel Prices
Energies, Market Analysis, Technical Analysis
Heating Oil SLIDES to 1-Month Low as G7 Reserve Release Targets Fuel Prices
US heating oil prices extended their decline below $4.50 per gallon on Friday, reaching their lowest level in one month as traders reacted to plans by G7 nations to consider releasing up to 100 million barrels of emergency oil and diesel reserves. French President Emmanuel Macron said the coordinated release is expected to take place […]
by Currency Hedger
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- 6 days ago
Commodities, Market Analysis, Technical Analysis
Baltic Dry Index Rebounds as Capesize Rates Rise, but Weekly Loss Deepens
The Baltic Dry Index rose for a second consecutive session on Friday, gaining around 0.3% to 3,148 points as stronger rates for larger bulk carriers provided support. The move higher offered some relief after a difficult week for dry-bulk shipping markets, with the benchmark still recording an 8.1% weekly decline. The capesize segment led Friday’s […]
by Currency Hedger
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- 6 days ago
Energies, Market Analysis, Technical Analysis
Gasoline SLIDES Below $3.30 as Emergency Reserve Release Eases Fuel Market Pressure
US gasoline futures fell below $3.30 a gallon, retreating further from their highest level in a week as reports of an emergency release of oil and diesel reserves by Group of Seven nations eased some of the immediate pressure on global fuel markets. President Emmanuel Macron said G7 nations had agreed to release 100 million […]
by Currency Hedger
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- 6 days ago
CAD, Hedging, Market Analysis, Technical Analysis, USD
Canadian Dollar SLIDES Toward 12-Week Low as Weak Growth and Fed Bets Pressure Loonie
The Canadian dollar weakened to around C$1.42 per U.S. dollar in September, leaving the loonie near its lowest level in roughly 12 weeks as soft domestic growth and continued U.S. dollar strength weighed on the currency. The focus heading into Monday and the start of the new trading week will be whether the loonie can […]
by Currency Hedger
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- 6 days ago
Hedging, Market Analysis, Technical Analysis
Week Ahead – October 5: Hormuz, Bond Yields and Central Banks Set to Drive Markets
Global markets enter the week with geopolitical risk, surging government bond yields and a heavy schedule of economic data likely to dominate trading conditions. The US-Iran standoff and developments surrounding the Strait of Hormuz will remain the biggest immediate market focus. Any progress toward reopening the key shipping route or ending the conflict in the […]
by Currency Hedger
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- 6 days ago
Treasury Yields Resume Their Rise
The yield on the US 10-year Treasury note resumed its rise to 5.52% on Friday after falling as much as 8bps earlier in the session, as the weaker-than-expected jobs report offered only temporary relief to the bond market. Nonfarm payrolls increased by just 29K last month, well below expectations for a 90K gain, while employment […]
by Currency Hedger
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- 6 days ago
Energies, Market Analysis
Oil Eases as G7 Plans Reserve Release
Crude oil trimmed losses to trade near $92 a barrel on Friday after reaching a one-month low of $88.06 earlier in the session, as G7 nations announced plans to release crude and diesel reserves to ease surging fuel prices. The G7 will deploy 100 million barrels of reserves over the next four months. G7 leaders […]
by Currency Hedger
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- 6 days ago
Energies, Market Analysis
Brent Volatile Amid Middle East Tensions
Brent crude traded around $102 a barrel on Friday amid reports of additional US military deployments to the Middle East and China’s decision on Thursday to halt fuel exports this month. The US is reportedly sending a third aircraft carrier strike group to the region, along with an amphibious force carrying 2,000 Marines, raising concerns […]
by Currency Hedger
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- 6 days ago
Deutsche Bank, Institutional
Gold: Modest gains in risk-off backdrop – Deutsche Bank
Deutsche Bank notes that Gold prices edged higher alongside broader risk-off moves and rising financial stress in Europe. While the report focuses more on bonds, equities and energy, Gold’s advance came as volatility ticked up and investors digested geopolitical risks and shifting central bank expectations ahead of key US and Euro Area data releases. Safe-haven […]
by Currency Hedger
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- 1 week ago
US Job Growth Expected to Slow
The US economy is expected to have added 90K jobs in September 2026, following a stronger-than-expected gain of 162K in August. The private sector is forecast to have accounted for 85K of the increase. Employment growth is expected to moderate in leisure and hospitality and local government education, while manufacturing payrolls are projected to post […]
by Currency Hedger
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- 1 week ago