US corn futures remain under pressure, with contracts closing lower across the curve as speculative funds continue to reduce their bullish exposure and export commitments lag behind both last year’s levels and the average seasonal pace. December 2026 corn settled at $4.56 per bushel, down 4½ cents in the latest session and 18¼ cents over […]
Wheat futures remain under pressure, with Chicago SRW, Kansas City HRW and Minneapolis spring wheat contracts recording substantial weekly losses. Although some contracts stabilised during the latest session, the broader market continues to face bearish pressure from speculative positioning and US export commitments that are trailing the usual seasonal pace. Geopolitical uncertainty in the Black […]
United Overseas Bank strategists (UOB) Quek Ser Leang and Lee Sue Ann highlight that GBP/USD saw volatile swings but closed little changed, with no clear momentum shift. Intraday, they expect a 1.3360–1.3420 range, yet their 1–3 week view retains upside scope toward 1.3440, while the broader 1–3 month outlook suggests further rebound toward 1.3480 unless […]
Danske Bank highlights weaker Euro sentiment amid rising French CDS spreads, with EUR/CHF declining and EUR/USD briefly falling below 1.12. US and German bond yields also dropped across the curve, while Eurozone consumer confidence weakened more than expected in October. Attention turns to the upcoming flash PMIs, with the composite index expected to ease to […]
ING analysts Warren Patterson and Ewa Manthey report Gold failed to benefit from the equity sell-off and falling US Treasury yields, with spot prices down 2.8% and nearing $4,000/oz. They argue the Gold market is focused on higher Oil prices and their inflation implications, which could reinforce tighter central bank policy while US inflation remains […]
Rabobank strategist Molly Schwartz discusses conflicting narratives around Iran-related tanker damage in the Strait of Hormuz and rising Oil flows from the Persian Gulf. Despite higher volumes, Schwartz stresses that insurance, freight and inefficiencies keep markets far from normal, with Brent futures at their highest since April and physical benchmarks trading at steep premiums to […]
Silver price (XAG/USD) claws back a majority of its early losses and rebounds to near $54.50 in the early European trade on Friday. The white metal bounces back after posting a fresh Year-Till-Date (YTD) low near $53.46. The outlook of the Silver price remains uncertain amid rising oil prices due to energy supply risks. Higher […]
Retail sales in Denmark rose 4.4% year-on-year in September 2026, accelerating from an upwardly revised 3.9% increase in the previous month. Sales grew at a faster pace for consumer electronics (21.7% vs 20.1% in August), supermarkets, department stores, and specialized grocery stores (1.5% vs 1.3%), household equipment, furniture, and building materials (8.9% vs 6.9%), clothing, […]
UK retail sales volumes fell 0.4% month-on-month in September 2026, more than the expected 0.1% decline, following an upwardly revised 0.7% rise in August. Online clothing retailers reported weaker demand for autumn and winter ranges amid unseasonably warm weather, while lower footfall and consumer cutbacks weighed on clothing and footwear, sports equipment, and household goods […]
The Indonesian rupiah remains under pressure near IDR 18,080 per US dollar, extending its weakness despite a softer greenback, falling US Treasury yields and a weaker dollar index. The currency has remained above the 18,000 threshold for a third consecutive session, highlighting the strength of domestic economic and fiscal concerns. The rupiah is on track […]