Live and Feeder Cattle Futures Plunge as Month-End Selling Raises Pressure Ahead of Monday’s Market Open
Commodities, Market Analysis, Technical Analysis
Live and Feeder Cattle Futures Plunge as Month-End Selling Raises Pressure Ahead of Monday’s Market Open
Today Markets Analysis US cattle futures ended Friday’s session sharply lower, with live cattle and feeder cattle contracts experiencing significant losses as month-end selling and weakness across equity markets weighed on investor sentiment. Live cattle futures fell between $3.27 and $5.35, while feeder cattle contracts recorded even steeper declines, losing between $8.70 and $10.57. December […]
by Currency Hedger
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- 8 hours ago
INR, Market Analysis, Technical Analysis
Indian Rupee rebounds strongly, shrugs off oil price rally
The Indian Rupee (INR) rebounds sharply against the US Dollar (USD) even as oil prices continue to boil due to Middle East risks. On Friday, the USD/INR pair slumps to near 95.00 after failing to extend its gains above over two-week high of 95.38 posted the previous day. As of writing, the MCX Crude Oil […]
by Currency Hedger
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- 1 day ago
Eurozone GDP expands 0.4% in Q3, beats 0.2% estimates
According to Eurostat, Eurozone preliminary Gross Domestic Product (GDP) growth remains stronger at 0.4% in the third quarter this year, compared to estimates of 0.2%. In the second quarter, the GDP growth was 0.8%. On an annualzied basis, the GDP growth rate remained unexpectedly stronger at 1.3%, while it was expected to cool down to […]
by Currency Hedger
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- 1 day ago
ECB’s Nagel: Central bank will take decisive action if needed to bring inflation down
The comments from European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel released during Friday’s European session on Bloomberg signal that the central bank is committed to a chieve price stability. Comments ECB will take decisive action if needed to bring inflation back to target. Consumer-price growth has picked up again. Can’t be ruled […]
by Currency Hedger
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- 1 day ago
CommerzBank, Institutional
US Dollar: Stronger growth supports rate hike pricing – Commerzbank
Commerzbank’s Michael Pfister highlights that robust US Gross Domestic Product (GDP) growth of 3.4% annualised in Q3 reinforces the case for a stronger Dollar versus other G10 currencies. Faster US growth gives the Federal Reserve (Fed) more scope to address inflation risks with rate hikes, a key driver of USD outperformance in 2022/23. He stresses […]
by Currency Hedger
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- 1 day ago
ING, Institutional
Euro: ECB December hike expectations support EUR – ING
ING’s Francesco Pesole notes that the European Central Bank (ECB) held rates steady but delivered hawkish signals, with President Christine Lagarde hinting at further tightening and officials reportedly ready to raise rates in December. While Lagarde’s upcoming departure and the choice of her successor pose potential downside risks to the Euro, Pesole sees scope for […]
by Currency Hedger
- 0 Comments
- 1 day ago
Institutional, Rabobank
Oil: War risks keep prices elevated – Rabobank
Rabobank’s Senior Macro Strategist Bas van Geffen highlights that Oil prices have reached their highest level since April as markets focus on potential renewed escalation in the US-Iran conflict after US midterm elections. Rabobank strategists expect possible US, Israeli and coalition strikes on Iran and the Houthis, with associated attacks on Gulf countries, supporting higher […]
by Currency Hedger
- 0 Comments
- 1 day ago
JPY, Market Analysis, Technical Analysis
Chart of the Day: USDJPY After Fed and BoJ decisions. Is Japan getting closer to another rate Hhike?
USDJPY came under pressure following the conclusion of the Federal Reserve’s and Bank of Japan’s October meetings. Both central banks decided to leave interest rates unchanged, but differences in their communication point to diverging approaches to the next stages of monetary policy. The message from Tokyo was particularly significant, as policymakers sent a clearer signal […]
by Currency Hedger
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- 1 day ago
Italy’s Economy Stagnates in Q3, Missing Growth Forecasts
Italy’s economy stagnated in Q3 2026, with GDP unchanged from the previous quarter, falling short of market expectations for 0.1% growth, according to preliminary data. Year on year, GDP increased by 0.8%, also below the 0.9% forecast. Despite the weak quarterly performance, acquired growth stood at 0.8% at the end of September, meaning that Italy’s […]
by Currency Hedger
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- 1 day ago
German GDP Growth Above Forecasts in Q3
The German economy expanded by 0.2% qoq in Q3 2026, slowing from growth of 0.3% in Q2 but exceeding expectations of a 0.1% increase, according to preliminary estimates. Household and government consumption edged up, while capital formation declined. Also, low water levels on the Rhine weighed on industrial activity, while persistently high energy prices continued […]
by Currency Hedger
- 0 Comments
- 1 day ago