Quick Look: Corn trading sees gains, closing near daily highs with rising export inspections. Brazil’s corn harvest progresses well, with second crop planting nearly complete. Ukraine’s grain shipments experience a dip, reflecting geopolitical tensions and logistical challenges. In the latest trading session, corn markets experienced notable gains, underscoring a period of resilience and optimism among …
Quick Look MicroStrategy acquired 9,245 BTC from March 11 to 18, 2024, totaling $623 million. This acquisition increases MicroStrategy’s total Bitcoin holdings to about 214,246 BTC. Funding for the purchase mainly came from a $592.3 million convertible debt offering and $30.7 million in excess cash. MicroStrategy’s aggressive Bitcoin investment influences market dynamics, with its shares …
MicroStrategy’s Bold $623M BTC Buy Boosts Holdings to 214K Read More »
Quick Look Today’s opening price for palladium is $1,058.88 per ounce, marking a 4.11% decline from the previous day. The price has fallen 3.70% since the beginning of the year, reaching a 52-week low of $854.70 on February 13, 2024. Palladium’s peak in March 2022 reached $3,440 per ounce, influenced by geopolitical tensions. Palladium prices …
Palladium Dips to $1,058.88: 4.11% Overnight Drop Read More »
Quick Look Cocoa prices surged to a record high of $8,100 per tonne, a 225% gain from the previous year. Global demand for cacao, particularly during the holiday season, has strengthened significantly, contributing to the trend in cocoa prices. Cocoa prices jumped over 25% in a week in the first quarter of 2024, setting a …
Quick Look Minor downtrends in canola prices were observed across several future contracts during Wednesday’s session. The market highlighted its liquidity with over 60,000 contracts traded Positive influences include global oil price rises, countered by pressures from lower soymeal and European rapeseed prices. The year-over-year increase in canola crush statistics points to growing production. Adjustments …
Canola Market Dynamics: 60,000+ Contracts Traded Read More »
Quick Look NZD/USD remains nearly unchanged, oscillating within a narrow band near two-week highs. US inflation data and Federal Reserve rate cut speculations influence market sentiment. Technical indicators suggest a bullish outlook for NZD/USD, with key resistance and support levels identified. Upcoming US retail sales data and Fed’s policy meeting to play critical roles in …
NZD/USD Stalls: Impact of 0.8% US Sales Rise & Fed’s Move Read More »
Quick Look Cocoa prices hit a record high of $6,884 per metric ton, a 150% increase from last year. Hershey’s experiences a sales dip and profit squeeze due to rising cocoa costs and consumer resistance to price hikes. Industry-wide markup declines signal a shift in pricing power back to consumers. Global cocoa production faces a …
Cocoa Prices Skyrocket 150%: Industry at a Crossroads Read More »
Avis et Test de AutoTradeGuru Broker Recenzja brokera AutoTradeGuru Revizuirea brokerului AutoTradeGuru Welcome to the dynamic world of Forex trading with AutoTradeGuru, a company that has quickly become synonymous with excellence and innovation in financial markets. From its inception, AutoTradeGuru has been driven by a vision to democratise success in trading. The end goal is …
Quick Look USD/CAD closed at 1.3484, slightly above its opening price, amidst a fluctuating oil market. WTI oil was priced at $78.51, and gold stood at $2176.72, reflecting commodity market movements. The US inflation report showed an unexpected rise, with February’s CPI at 3.2% YoY. The USD/CAD faces pressure due to trade status changes and …
Quick Look The latest cancellation involves 264,000 metric tons of U.S. soft red winter wheat, marking the third in recent days. Wheat prices have been falling, with soft red winter grain futures reaching a low not seen since August 2020. Strong competition, especially from Russia, and improved U.S. crop conditions contribute to the market dynamics. …
Wheat Sales to China Halted: Prices Tumble to 2020 Low Read More »
Quick Look MicroStrategy’s Bitcoin holdings soar to a valuation of nearly $15 billion with the addition of 12,000 tokens. The firm’s aggressive investment strategy in the first quarter of 2024 surpasses $1 billion in Bitcoin purchases. Bitcoin’s market capitalization crosses $1.4 trillion, ranking it the world’s eighth most valuable asset. Michael Saylor champions Bitcoin over …
MicroStrategy’s $15B Bitcoin Boost: A Strategic Triumph Read More »
Quick Look AUD/USD is currently above 0.6800, showcasing a strong position. Powell’s testimony hinted at potential interest rate cuts that could bolster the AUD/USD pair. Trade data indicates robust exports, contributing to the boost in the Australian dollar. High gold prices support the currency’s appreciation. Technical analysis suggests a cautious outlook with the potential for …
2024 AUD/USD: Rebounds Above 0.6800 Amid Trade Strength Read More »
Quick Look May London Cocoa hits 5,620 pounds a ton, then drops 1.1%. May New York Cocoa falls 1.2% from a record high. Industry braces for a fourth consecutive cocoa supply deficit. Lindt & Spruengli to hike prices amid rising costs. ICCO forecasts a widening deficit; global cocoa output to decline. Venezuelan cocoa finds new …
Cocoa Crisis: Prices Swing Amid 374K MT Deficit Forecast Read More »
Quick Look Gold (XAU) prices slightly declined to $2,081.11 per ounce, staying close to a two-month peak. Last week’s approximately $50 surge hinted at softer inflation and potential interest rate cuts. The market anticipates a Federal Reserve rate cut in June, with probabilities increasing to 74%. Gold’s outlook remains bullish, with a keen eye on …
Gold Hits $2,081, Eyes Record Highs Amid Fed Speculations Read More »
Quick Look Upcoming speeches from FOMC members and the Fed Vice Chair could sway market sentiments. Key economic data releases from the US and Canada, including employment figures and PMI reports, are set to influence the USD/CAD pair. BOC is expected to hold the interest rate steady at 5.0% amidst global economic cues. Technical analysis …
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
