The EUR/JPY exchange rate is holding around 180.25 at the start of the European session on Monday, consolidating after a sharp recovery from the September lows. Trading conditions are thinner than normal because Japanese markets are closed for a three-day holiday, while traders remain alert to the possibility of Japanese authorities intervening to support the […]
Chinese iron ore futures climbed above CNY 715 per tonne on Monday, extending gains for a fourth consecutive session as steel mills increased purchases ahead of China’s extended National Day Golden Week holiday in early October. The recovery comes after iron ore recently traded near one-month lows, with pre-holiday restocking providing an important short-term demand […]
Malaysian palm oil futures are holding near the RM4,900 per tonne area after recent weakness, with firmer competing vegetable oils, improving Indian demand and growing concerns over future production providing support to the market. Palm oil remains caught between tightening medium-term supply expectations and softer near-term production and export data, leaving traders focused on whether […]
Consumer prices in Azerbaijan rose by 0.2% month-over-month in August 2026, rebounding from a 0.1% fall in the previous month. The recovery was largely driven by higher costs of food products, which increased by 0.3% after declining 0.4% in July, particularly for meat and fish goods. Non-food prices also rose (0.1% vs 0%), as higher […]
The Indian rupee hovered around 95.75-95.90 per dollar on Monday, extending its recent recovery as softer oil prices, expected portfolio inflows and continued Reserve Bank of India intervention helped limit pressure on the currency. The rupee closed at 95.8725 per dollar on Friday, while traders expect the currency to remain within a relatively narrow 95.30-96.00 […]
European natural gas prices fell below €79/MWh on Monday, retreating after a sharp rise in the previous session as traders monitored diplomatic developments surrounding the Middle East conflict and their potential impact on global LNG supplies. The decline came as oil prices also moved lower following renewed expectations of diplomatic engagement between the United States […]
The Japanese yen consolidated around 157 per dollar on Monday, after losing more than 2% last week, as traders remained alert to the possibility of renewed Japanese currency intervention during a holiday-shortened trading session. Japan’s markets are closed for a three-day holiday, reducing liquidity and potentially increasing the sensitivity of USD/JPY to official comments or […]
The offshore yuan held around 6.69 per US dollar on Monday, remaining close to its strongest level since July 2022 as the Chinese currency continued to benefit from a combination of strong export flows, a softer US dollar and expectations surrounding the upcoming September 24 Trump-Xi summit. The yuan reached 6.6957 per dollar in early […]
Gold held above $4,350 an ounce on Monday after advancing for a second consecutive session, as falling oil prices eased some concerns over renewed inflation and the prospect of additional Federal Reserve interest-rate increases. Spot gold recently reached around $4,360 an ounce, recovering from a near six-week low after lower oil prices and a weaker […]
Platinum futures climbed above $1,800 an ounce, extending gains for a third consecutive session as falling oil prices reduced concerns over persistent inflation and the possibility of further aggressive interest-rate tightening. The retreat in crude prices has lowered some of the pressure on non-yielding precious metals, while investors continue to assess the Federal Reserve’s outlook […]