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Soft Commodities
Palm Oil Extends Rally
Malaysian palm oil futures jumped more than 1.5% to near MYR 4,600 per tonne on Thursday, marking solid gains for…
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Metals
Iron Ore Extends Rally on Mideast Disruptions
Iron ore futures climbed above CNY 790 per ton, reaching near two-month highs as the intensifying conflict in the Middle…
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Forex
EUR/USD slips below 1.1550 as US Dollar gains on heightened inflationary risks
EUR/USD weakens as a stronger US Dollar gains on rising energy prices. WTI price climbed as tightening supply from the…
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Metals
Gold sticks to modest losses as reduced Fed rate cut bets boost U.S bond yields and USD
Gold drifts lower for the second straight day on Thursday, though it lacks follow-through selling. Rising Oil prices revive inflation…
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Forex
NZD/USD falls to near 0.5900 as risk aversion increases on Middle East war
NZD/USD weakens as a stronger US Dollar gains on rising energy prices. US Dollar Index rises toward three-month highs above…
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Forex
AUD/USD Price Moves away from multi-year top, slides to 0.7125 amid firmer USD
AUD/USD drifts lower on Thursday and snaps a four-day winning streak to a multi-year peak. Rising Middle East tensions continue…
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Forex
USD/CHF gains above 0.7800 amid Fed hawkish hold expectations
USD/CHF gains momentum to near 0.7820 in Thursday’s early European session. Fed is anticipated to leave the interest rate unchanged…
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Energies
WTI trims a part of strong intraday gains; still up over 6% for the day above mid-$93.00s
WTI gains strong positive traction on Thursday amid a further escalation of conflicts in the Middle East. Suspected Iranian attacks…
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Energies
China orders immediate ban on fuel exports for March — Reuters
The Chinese government has effectively banned refined fuel exports for March “with immediate effect”, Reuters reported on Thursday. This measure…
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Soft Commodities
Corn Rallies Back
Corn futures closed with 8 to 9 cent gains in the front months on Wednesday The CmdtyView national average Cash Corn price…
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