Copper prices recover towards $6.60 per pound as renewed supply concerns in Chile provide support following the previous session’s losses. Industrial action at Antofagasta’s Centinela project raises the possibility of future production disruption, while Chile’s latest production figures point to weakness in output from the world’s leading copper-producing country. The market remains caught between tightening […]
Retail sales in Malaysia grew 6.5% year-on-year in August 2026, following a 6.4% rise in July, which marked the softest growth since April. Sales increased mainly in non-specialised stores (7.5% vs 7.2%), other household equipment in specialised stores (3.5% vs 3.1%), and automotive fuel in specialised stores (8.9% vs 7.5%). These gains, however, were partly […]
Manufacturing production in the Netherlands rose by 3.3% month-on-month in August 2026, accelerating from an upwardly revised 2.1% increase in July. This marked the sharpest growth since December 2023, as production rebounded strongly in textiles (7.5% vs. -3.4% in July), wood (3.1% vs. -6.9%), graphics (1% vs. -1.8%), and automotive and trailers (26.2% vs. -5.3%). […]
The annual inflation rate rose to 8.34% in September 2026, picking up from a ten-month low of 8.26% in the previous month and marking its highest level since June. Prices increased at a faster pace across most sub-sectors, particularly food and non-alcoholic beverages (7.22% vs 7.02% in August), housing and utilities (9.81% vs 9.44%), and […]
The EUR/USD pair attracts buyers for the second straight day, rising to the 1.1225-1.1230 area during the Asian session on Friday amid a weak US Dollar (USD). Spot prices, however, remain confined within a range held since the beginning of this month, warranting some caution for bulls. President Donald Trump said on Thursday that the […]
US corn futures face modest pressure as traders assess export demand, harvest weather and expectations for the upcoming USDA Crop Production and WASDE reports. December futures settle at $5.00¼ per bushel, while the national average cash corn price slips to $4.62¾. Weekly export sales improve 43.6% from the previous week, offering a measure of support. […]
EUR/JPY gains ground for the second consecutive day, trading around 177.40 during Asian hours on Friday. Technical analysis of the daily chart shows that the currency cross is moving downward within the descending channel pattern, suggesting a persistent bearish bias. The EUR/JPY cross is retaining a bearish near-term bias as it holds below both the […]
US wheat futures face renewed selling pressure after early gains fade, with Chicago soft red winter, Kansas City hard red winter and Minneapolis spring wheat contracts all closing lower. The pullback comes despite a relatively strong weekly export sales reading for the current marketing year and a substantial purchase by a Taiwanese flour mill. US […]
The NZD/USD pair gains traction to near 0.5615 during the early Asian trading hours on Friday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) amid easing Treasury bond yields. Traders weigh lingering inflation concerns and the outlook for Federal Reserve (Fed) interest rates. The Michigan Consumer Sentiment Index data for October will […]
USD/CAD extends its losses for the second successive day, trading around 1.4210 during Asian hours on Friday. The pair depreciates as the US Dollar (USD) loses safe-haven demand, following statements from US President Donald Trump on social media, where he announced that the US was engaged in “productive discussions” with Iran and would refrain from […]