Quick Look: Key sectors like property and infrastructure, crucial consumers of steel,
Quick Look: Key sectors like property and infrastructure, crucial consumers of steel, show reduced demand. Coal Prices rose 8% in three weeks, influenced by domestic factors and thin inventories. China’s robust solar energy deployment
Quick Look: CAD/USD saw swings from 1.3721 to 1.3761, closing lower at 1.3728, influenced by US economic data and oil price changes. WTI crude oil rose to $77.44, boosting the CAD, while gold’s climb to $2311.03 signalled increased market
Quick Look: BoE has decided to keep the interest rate unchanged at 5.25%. 7 out of 9 members supported the decision. GBP/USD saw fluctuations, trading between 1.2600 and 1.2500, with a slightly bearish market sentiment. The BoE signals caution
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,
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
Quick Look: Key sectors like property and infrastructure, crucial consumers of steel, show reduced demand. Coal Prices rose 8% in three weeks, influenced by domestic factors and thin inventories. China’s robust solar energy deployment contrasts traditional industries, signalling a
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
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
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
Quick Look: Key sectors like property and infrastructure, crucial consumers of steel, show reduced demand. Coal Prices rose 8% in three weeks, influenced by domestic factors and thin inventories. China’s robust solar energy deployment contrasts traditional industries, signalling a shift. The Chinese steel industry, a bellwether for global metal
Quick Look: Key sectors like property and infrastructure, crucial consumers of steel, show reduced demand. Coal Prices rose 8% in three weeks, influenced by domestic factors and thin inventories. China’s robust solar energy deployment contrasts traditional industries, signalling a shift. The Chinese steel industry, a bellwether for global
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
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
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
In its fiscal second quarter spanning January to March 2024, StoneX Group, which owns GAIN Capital, reported a notable 30 percent surge in its forex and contracts for differences (CFDs) revenue, reaching $80.3 million.