Thu, April 25, 2024
Wheat is on active export demand, grain
Commodities

Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global

Wheat is on active export demand, grain
Commodities

Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global

Wheat is on active export demand, grain
Commodities

Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global

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Wheat is on active export demand, grain
Commodities

Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global

Weekly Overview: Forex, Stocks, Crypto, Commodities
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Lots of major events influence the global market every day. Prices fluctuate

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Wheat is on active export demand, grain

Global Events and Weather Drive Grains’ Price Increases

Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global weather concerns, reaching $6.02-3/4. Corn and soybeans showed modest gains amid cautious market sentiment and planting progress. Broader markets reacted positively, with

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FOREX NEWS

FOREX NEWS

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usd/chf Franc: New Swiss franc bills.

USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts

Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed

The Canadian Dollar (USD/CAD) Stable, Russia Faces Penalties

USD/CAD Market Trends: Key Financial Events

Quick Look: USD/CAD nears key resistance at 1.36840-1.36860; support at 1.36720-1.36750. This week’s key events include US economic reports, Bank of Canada, and Federal Reserve rate decisions.  Oil prices affect CAD; treasury yields and buying interest boost USD. The

Wibest – Chinese yuan bill.

Chinese Yuan Trends: Economic Impact in 2024

Quick Look: Chinese Yuan is expected to depreciate to 7.35 by Q2 2024 and 7.45 by Q3. PBOC set the CNY reference rate at 7.1059, with operations aimed at stability. Shifts in Chinese production affect global market prices and

Euro is back on track

Euro Wavers: ECB Rate Signals and Mixed Global Indicators

Quick Look: ECB Vice President hints at June rate cut, influencing EUR/USD exchange rates. Mixed PMI data presents a complex economic outlook; the US shows weaker figures. Technical patterns suggest a potential decline in EUR/USD amid fluctuating forex markets.

Wheat is on active export demand, grain

Global Events and Weather Drive Grains’ Price Increases

Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global weather concerns, reaching $6.02-3/4. Corn and soybeans showed modest gains amid cautious market sentiment and planting progress. Broader markets reacted positively, with significant U.S. stocks and crude

Spectacular weekly rise in Silver Price

Silver Prices Struggle Amid Market Volatility, Down 1.27%

Quick Look: Silver (XAG) prices dropped sharply to $26.85, down 1.27%. Technical indicators suggest a possible further decline to $26. Market influenced by global events and potential US rate cuts. Silver prices continue to face significant pressure in an

Covid-19's impact on platinum is less than feared, according to the WPIC

Platinum Volatility: Prices Fluctuate Amid Market Challenges

Quick Look: Platinum (PL) prices fluctuate, closing at $926.20 with a 6.23% year-to-date drop from a 52-week high. Platinum’s value falls behind gold, priced at $2,336.94 per ounce, with a 13.10% increase year-to-date. Platinum Group Metals Ltd’s stock closed

The Central Bank of Russia and crypto, nickel

Nickel Prices Shift Amid Supply Fears

Quick Look: Nickel prices hit a seven-month high on the London Metal Exchange and Shanghai. Chinese stockpile reports and a Russian metal ban drive this surge. Tin, aluminium, and zinc prices also saw increases. Meanwhile, lead dipped on both

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Wheat is on active export demand, grain

Global Events and Weather Drive Grains’ Price Increases

Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global weather concerns, reaching $6.02-3/4. Corn and soybeans showed modest gains amid cautious market sentiment and planting progress. Broader markets reacted positively, with significant U.S. stocks and crude oil rises. Significant movements in the grains markets, especially for

Wheat is on active export demand, grain

Global Events and Weather Drive Grains’ Price Increases

Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global weather concerns, reaching $6.02-3/4. Corn and soybeans showed modest gains amid cautious market sentiment and planting progress. Broader markets reacted positively, with significant U.S. stocks and crude oil rises. Significant movements in the grains markets, especially

Spectacular weekly rise in Silver Price

Silver Prices Struggle Amid Market Volatility, Down 1.27%

Quick Look: Silver (XAG) prices dropped sharply to $26.85, down 1.27%. Technical indicators suggest a possible further decline to $26. Market influenced by global events and potential US rate cuts. Silver prices continue to face significant pressure in an increasingly volatile market environment. The precious metal experienced a

Covid-19's impact on platinum is less than feared, according to the WPIC

Platinum Volatility: Prices Fluctuate Amid Market Challenges

Quick Look: Platinum (PL) prices fluctuate, closing at $926.20 with a 6.23% year-to-date drop from a 52-week high. Platinum’s value falls behind gold, priced at $2,336.94 per ounce, with a 13.10% increase year-to-date. Platinum Group Metals Ltd’s stock closed at $1.86 with a 0.54% daily rise but over

The Central Bank of Russia and crypto, nickel

Nickel Prices Shift Amid Supply Fears

Quick Look: Nickel prices hit a seven-month high on the London Metal Exchange and Shanghai. Chinese stockpile reports and a Russian metal ban drive this surge. Tin, aluminium, and zinc prices also saw increases. Meanwhile, lead dipped on both the London and Shanghai exchanges. Nickel Creek Platinum Corp

Broker News

Admirals UK Achieves Profit Turnaround in 2023

Admirals (formerly known as Admiral Markets), based in the UK, ended 2023 on a high note by earning a net profit of over £46,000. It was a significant improvement from a nearly £291,000 loss

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