The New Zealand Dollar (NZD) faces selling pressure while attempting to extend the two-day recovery move above 0.5628 against the US Dollar. In the Asian trade on Wednesday, the NZD/USD pair is down 0.23% to near 0.5609. The Kiwi pair falls back as the US Dollar rebounds strongly after a sharp correction on Tuesday. The […]
Corn futures rose toward $5.1 per bushel, hitting a one-week high as concerns over delayed US harvesting and weak crop conditions supported prices. Only 23% of the US corn crop had been harvested by October 4, below the 27% five-year average and 26% expected by analysts, after heavy Midwest rainfall delayed fieldwork. The share of […]
China’s foreign exchange reserves fell to $3.4 trillion at the end of September 2026, down $38.1 billion from a month earlier. The State Administration of Foreign Exchange attributed the decline primarily to a stronger US dollar and surging US Treasury yields, which likely led to currency translation and asset valuation changes. Meanwhile, the People’s Bank […]
US natural gas prices have climbed to around $3.13 per MMBtu, extending gains for a fourth consecutive session and reaching their highest level since September 25. The latest move higher is being supported by a combination of falling US production, stronger LNG feedgas demand and increasingly supportive weather forecasts. Lower output is tightening the near-term […]
The Japanese yen is trading around 158.5 per dollar, close to two-week lows, as the wide interest-rate differential between the United States and Japan continues to favour the US dollar. Japan’s relatively low domestic interest rates remain a key source of pressure, while the country’s heavy debt burden and expansionary fiscal direction are adding another […]
Platinum is trading around $1,700 an ounce, close to two-month lows, as elevated Treasury yields and stronger oil prices weigh on the broader precious metals complex. Higher energy prices are keeping inflation concerns elevated, while persistent fiscal risks and increased debt issuance linked to artificial intelligence infrastructure are contributing to upward pressure on longer-term yields. […]
The yield on the 10-year US Treasury note steadied around 5.31% on Wednesday, remaining near 24-year highs as investors awaited minutes from the Federal Reserve’s latest meeting for clues on the outlook for monetary policy. Traders also monitored remarks from Fed officials, with policymakers increasingly signaling a less hawkish stance on interest rates following softer-than-expected […]
Soybean futures climbed toward $13.1 per bushel, bouncing off from multi-week lows as slower planting in Brazil and signs of continued export demand lifted prices. About 7.3% of soybean crop in Brazil, the world’s largest exporter, had been planted as of Thursday, below 9% a year earlier, with consultancy AgRural estimating 2026/27 production at 182.7 […]
US gasoline futures are extending their advance above $3.30 per gallon as a developing storm in the Gulf of Mexico threatens to disrupt refinery operations and add further pressure to an already tight fuel market. The immediate concern is the concentration of US refining capacity along the Gulf Coast. Refineries in Gulf states account for […]
The Australian dollar is consolidating near US$0.70 as the recent three-session advance pauses, with markets turning their attention toward upcoming central-bank signals from both the Federal Reserve and Reserve Bank of Australia. The Aussie continues to benefit from broad US dollar weakness, particularly against the euro as pressure in European bond markets has eased. However, […]