July 3, 2026 9:18 am
Key Moments: ICE Brent prices move closer to $70/bbl as Strait of Hormuz oil flows normalize and the front of the curve slips into contango. LME three-month aluminium prices retreat toward $3,000/t following an update that around 7% of production pots at EGA’s Al Taweelah smelter have been restarted. Gold advances after weaker US jobs […]
Read moreJuly 3, 2026 6:52 am
Key Moments Gold (XAU/USD) advanced for a third straight session and approached a one-and-a-half-week high, staying on course for its first weekly gain in five weeks. Weaker-than-expected US Nonfarm Payrolls and a downward revision to prior jobs data dampened expectations for Fed rate hikes in 2026, pressuring the US Dollar. Geopolitical tensions around US-Iran dynamics […]
Read moreJuly 3, 2026 6:28 am
Key Moments XAG/USD trades around $62.60 per troy ounce, marking a fourth straight daily advance during Asian hours on Friday. June US Nonfarm Payrolls rose by 57,000 versus a 110,000 consensus, prompting a reassessment of September Fed rate hike probabilities from 66% to 52%. Falling energy prices and moderating inflation risks combine with a less […]
Read moreJuly 2, 2026 1:10 pm
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 moreJuly 2, 2026 9:52 am
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 moreJuly 2, 2026 7:36 am
Key Moments Gold (XAU/USD) moved higher for a second session amid a modest pullback in the US Dollar. Markets continued to price in around a 64% chance of a Fed rate hike in September and nearly an 85% probability of an increase by year-end. Investors remained cautious ahead of the US Nonfarm Payrolls release, a […]
Read moreJuly 2, 2026 7:24 am
Key Moments XAG/USD trades near $60.20 per troy ounce, marking a third straight session of gains during Asian hours on Thursday.
Read moreJuly 1, 2026 2:28 pm
Key Moments Soybean futures are higher by 12 to 15 cents early Wednesday after posting 4 ¾ to 12 ½ cent gains in the prior session. NASS reported 85.36 million soybean acres planted, 665,000 acres above the March Prospective Plantings report and slightly ahead of expectations. June 1 soybean stocks reached 1.061 bbu, topping surveyed […]
Read moreJuly 1, 2026 2:13 pm
Key Moments Corn futures added 5 to 6 cents on Wednesday morning after posting 4 to 6 1/2 cent gains on Tuesday. NASS reported U.S. corn acreage at 95.343 million acres, slightly above March intentions and pre-report expectations. June 1 Grain Stocks were pegged at 5.295 billion bushels, nearly 120 mbu below estimates but still […]
Read moreJuly 1, 2026 11:58 am
Key Moments XAU/USD has fallen for a fourth straight session, touching intraday lows at $3,960 with year-to-date lows at $3,945 nearby. Stronger U.S. job openings data and the resulting jump in Treasury yields are weighing on gold and limiting rebound attempts. Despite fading bearish momentum and an RSI bullish divergence, technical signals still do not […]
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