Articles by: Brian McColl

U.S. Cattle Futures Steady on Holiday Demand Worries

Key Moments August live cattle on CME settled at 241.825 cents per pound, down 0.600 cent while remaining within the prior day’s trading range USDA priced choice beef at $391.26 per hundredweight, a decline of $1.90, as hot weather contributed to expectations of softer seasonal demand HedgersEdge estimated beef packer margins at a loss of […] Read more

Euro Outperforms Canadian Dollar as Jobs Data and Oils

Key Moments EUR/CAD trades near 1.6200 after Eurozone unemployment declined to 6.2% in May, beating expectations of 6.3% ECB officials signal mixed views on the next policy step, with Pierre Wunsch arguing against more tightening and Martin Kocher warning wage growth may warrant a hike or pause Canadian Dollar faces headwinds as oil prices retreat […] Read more

WTI Crude Near Multi-Month Lows as Bearish Trend Deepens

Key Moments WTI trades below $68.00, consolidating near its weakest level since late February after a sharp breakdown earlier on Friday. A sustained drop under the 200-day Simple Moving Average at $73.17 and a negative MACD reading of -0.43 reinforce the bearish technical backdrop. The RSI at 27.58 signals oversold conditions, while key downside structure […] Read more

Nvidia Introduces Revenue-Sharing Model for AI Startups

Key Moments Nvidia announced a revenue-sharing and credit-support framework to supply computing resources to artificial intelligence startups. AI cloud providers in the program will offer Nvidia-powered cloud services, generating both traditional product revenue and a share of cloud earnings for Nvidia. Sharon AI and Firmus are among the first firms participating in the DSX data […] Read more

Apple Scales Foldable iPhone Plans With Multi-Year Push

Key Moments Apple reportedly targets at least five new iPhone models between the second half of 2026 and the first half of 2027. Production guidance for the first foldable iPhone was raised to about 10 million units for this year, from a prior 7 million to 8 million range. Apple recently increased prices on selected […] Read more

Rupee Slips Dollar Rebounds Despite Oil, Policy Support

Key Moments USD/INR edges up toward 95.30 as the Rupee gives back early-session gains. MCX July Crude Oil futures trade about 1% lower near 6,450, marking their weakest level in months. US Dollar Index (DXY) trades around 101.10, down 0.25%, ahead of June Nonfarm Payrolls data. Rupee Softens Against Dollar Despite Supportive Backdrop The Indian […] Read more

Yen Strengthens as Markets Eye Possible Stealth Intervention

Key Moments USD/JPY trades near 162.40 in Asian hours on Thursday, extending its pullback from 40-year highs. Market participants expect Japan’s Ministry of Finance to favor abrupt, non-telegraphed intervention aimed at speculative short positions. A softer-than-expected tone from Fed Chairman Kevin Warsh and weaker U.S. data weigh on the U.S. Dollar ahead of the NFP […] Read more

XRP, XLM Extend Rebound as Metrics Signal Cautious Optimism

Key Moments XRP trades above $1.05 and XLM moves past $0.199 as both tokens build on a recovery. Derivatives positioning shows a slight bullish skew for XRP, while funding rates for both XRP and XLM remain marginally negative. XRP holds the $1.00 psychological support but stays below major EMAs, whereas XLM trades above its key […] Read more

Silver Tops $60 on Softer Fed, Weak U.S. Data

Key Moments XAG/USD trades near $60.20 per troy ounce, marking a third straight session of gains during Asian hours on Thursday. Read more

Bitcoin Long-Term Buyers Return as ETF Selling Persists

Key Moments Long-term Bitcoin holders have shifted back into net accumulation after months of distribution, according to Glassnode. US spot Bitcoin ETFs registered a record $4.5 billion in net outflows in June, with BlackRock’s IBIT responsible for $3.55 billion over nine straight sessions. Bitcoin long-term holder supply has risen to about 14.7 million BTC while […] Read more