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India's sugar production dropped sharply
Commodities

Quick Look: NY’s Sugar and London’s White Sugar contracts saw similar rises

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India's sugar production dropped sharply

Sugar Price Fluctuates 2.4% Amid Global Production Shifts

Quick Look: NY’s Sugar and London’s White Sugar contracts saw similar rises by about 2.40%. India’s production fell 1.6%, while Brazil’s output rose 31.0% year-on-year. Record temperatures in Thailand and variable monsoons in India

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FOREX NEWS

FOREX NEWS

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Wibest – Franc: Euro and Swiss franc (chf) coins and bills.

USD/CHF at 0.9060: Bullish Targets to 0.9225

Quick Look: USD/CHF at pivot 0.9060: Shows neutral intraday bias, bullish if above 0.9014. Economic Indicators: The US Dollar is robust; Swiss unemployment is stable at 2.3%. Market Outlook: Short-term optimism; critical watch on 0.9243 for medium-term trends. Today,

Wibest – Yen exchange rate: USD and JPY bills.

USD/JPY Volatility: Navigates Key 106.00 to 154.75 Range

Quick Look: USD/JPY pair exhibited significant fluctuations, currently around 154.75, navigating through resistance at 106.10. Steady U.S. rates and BoJ’s historic hike influence the pair’s dynamics amid global economic developments. Strong USD trend with potential Japanese interventions if JPY

NZD/USD Live Trading Room

NZD/USD Holds at 0.6000, Targets 0.6070

Quick Look: The NZD/USD is bullish, with key indicators like RSI and MACD showing upward momentum. Long-term indicators suggest a looming bearish outlook despite the current bullish swing. The currency pair is eyeing the 0.6070 target, with support at

Wibest – Australian Money: Australian dollar (AUD) coins and the Australian flag behind.

AUD/USD Hits 0.6624, Eyes on RBA’s Next Moves

Quick Look: AUD/USD resilient, testing key resistance levels; support found at 0.6520. Recent gains are fueled by a weak USD and positive commodity prices. Market focus on upcoming RBA decision, with expectations of maintaining current rates. The AUD/USD pair

India's sugar production dropped sharply

Sugar Price Fluctuates 2.4% Amid Global Production Shifts

Quick Look: NY’s Sugar and London’s White Sugar contracts saw similar rises by about 2.40%. India’s production fell 1.6%, while Brazil’s output rose 31.0% year-on-year. Record temperatures in Thailand and variable monsoons in India threaten sugarcane yields. The New

Commodity Exchange: Still life shot of agricultural commodities.

Russia and North Korea Increase Agricultural Trade

Quick Look: Russia shipped wheat, corn, cows, and fuel to North Korea. North Korea and Russia increased agricultural and fishing collaboration through recent visits. U.S. corn planting slowed, with 36% planted, lagging behind the 39% average. China remains North

gas

Natural Gas Prices Climb Amid Geopolitical Tensions

Quick Look: Natural gas trends bullish at $2.01; potential resistance up to $2.22, guided by EMAs. Prices rise amid Middle East tensions and tight supply forecasts. EU sanctions on Russian LNG cut dependency but incur high costs. The natural

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

BROKER NEWS

India's sugar production dropped sharply

Sugar Price Fluctuates 2.4% Amid Global Production Shifts

Quick Look: NY’s Sugar and London’s White Sugar contracts saw similar rises by about 2.40%. India’s production fell 1.6%, while Brazil’s output rose 31.0% year-on-year. Record temperatures in Thailand and variable monsoons in India threaten sugarcane yields. The New York World Sugar, under contract SBN24, observed an uplift of

India's sugar production dropped sharply

Sugar Price Fluctuates 2.4% Amid Global Production Shifts

Quick Look: NY’s Sugar and London’s White Sugar contracts saw similar rises by about 2.40%. India’s production fell 1.6%, while Brazil’s output rose 31.0% year-on-year. Record temperatures in Thailand and variable monsoons in India threaten sugarcane yields. The New York World Sugar, under contract SBN24, observed an uplift

Commodity Exchange: Still life shot of agricultural commodities.

Russia and North Korea Increase Agricultural Trade

Quick Look: Russia shipped wheat, corn, cows, and fuel to North Korea. North Korea and Russia increased agricultural and fishing collaboration through recent visits. U.S. corn planting slowed, with 36% planted, lagging behind the 39% average. China remains North Korea’s top partner, with evolving imports and exports. Russian

gas

Natural Gas Prices Climb Amid Geopolitical Tensions

Quick Look: Natural gas trends bullish at $2.01; potential resistance up to $2.22, guided by EMAs. Prices rise amid Middle East tensions and tight supply forecasts. EU sanctions on Russian LNG cut dependency but incur high costs. The natural gas market has exhibited signs of resilience, with prices

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

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