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Market Analysis

Euro softens against Canadian Dollar amid ECB caution, oil strength

EUR/CAD halts its three-day winning streak, trading around 1.6100 during the European hours on Tuesday. The currency cross experiences downward pressure as the Euro (EUR) softens ahead of key economic data releases from…

4 min read

Gold: Downside risks with key supports in focus – OCBC

Christopher Wong at OCBC notes Gold has extended its decline to a seven-week low, pressured by higher Oil prices, firm US Treasury yields and a stronger Dollar. The break below $4,200 has intensified technical selling, …

1 min read

Soybean Fall on Monday, as Beans Left Off the Tariff Exemption List

Soybeans rounded out the bloody Monday session with contracts down 17 to 30 ¾ cents across the board. The cmdtyView national average Cash Bean price was down 29 1/2 cents at $12.32. Soymeal futures were down $3.60 to $1…

2 min read

Cotton Closes Higher with Tariff Exemptions

Cotton futures were up 4 to 71 points across the board at the close. Crude oil was up 88 cents per barrel on the session, with the US dollar index $0.232 higher.

1 min read

Stocks Settle Lower on Rising Bond Yields

The S&P 500 Index ($SPX) (SPY) closed down by -0.77% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.08%. December E-mini S&P future…

7 min read