August 10, 2026 10:52 am
Key Moments Benchmark Dutch front-month futures increased 2.9% to about 56.90 euro per megawatt-hour, partially reversing last week’s declines. British wholesale gas contracts rose 2.6% to 139.50 pence per therm as traders reassessed supply risks linked to the Strait of Hormuz. European Union gas storage levels stood at roughly 56% capacity in mid-August, lagging typical […]
Read moreAugust 10, 2026 10:48 am
Key Moments: Negotiations between Iran and Oman over a new Strait of Hormuz shipping framework remain finely balanced, with Iran tying any lasting deal to broader demands on the US. Reports indicate Iran is seeking sanctions relief, war damage compensation, and security guarantees as part of a wider arrangement linked to Hormuz access. Brent crude […]
Read moreAugust 10, 2026 9:23 am
Key Moments WTI futures climbed to a four-day high during the Asian session as tensions around the reopening of the Strait of Hormuz supported prices. Iran signaled that talks with Oman on a safe shipping corridor are close to agreement, while reiterating conditions for a full reopening of the waterway. WTI is trading above the […]
Read moreAugust 10, 2026 7:47 am
Key Moments Silver (XAG/USD) trades around $63.50 in Asia, hovering just below Friday’s nearly seven-week high of $65.16. Soft US July Nonfarm Payrolls data led traders to scale back expectations for a Fed rate hike in September, with odds falling to 46% from 67% a week earlier. Spot silver maintains a bullish near-term structure above […]
Read moreAugust 10, 2026 6:58 am
Key Moments Gold (XAU/USD) rebounds toward $4,350 but continues to trade below Friday’s post-NFP peak, its highest level since June 17. US jobs data showing a loss of 23K positions in July and a downward revision to June pressured the USD and initially boosted bullion. Middle East tensions, firm oil prices, and expectations of a […]
Read moreAugust 7, 2026 1:38 pm
Key Moments Corn futures were 2 to 3 cents higher on Friday morning after Thursday’s session closed near intraday highs. USDA reported 116,740 MT of 2025/26 corn export sales, a marketing-year low and 31.5% below the same week a year earlier. A Reuters analyst survey ahead of next Wednesday’s NASS Crop Production report pointed to […]
Read moreAugust 7, 2026 1:17 pm
Key Moments Wheat futures are recovering early Friday, trading 4 to 7 cents higher after losses across all three major markets on Thursday. Weekly U.S. wheat export sales reached 296,427 MT, a 4-week high but still 59.82% below the same week a year earlier. Analysts surveyed by Reuters expect NASS to trim total U.S. wheat […]
Read moreAugust 7, 2026 9:34 am
Key Moments Copper has been trading comfortably above $14,000/t on the LME, hovering near record levels. Tight physical conditions, low inventories, constrained mine supply, and ongoing disruptions have been underpinning prices. Analysts warn that any disappointment related to US tariff measures could lead to a consolidation phase in copper prices. Tariff-Driven Demand and Tight Physical […]
Read moreAugust 7, 2026 8:25 am
Key Moments XAG/USD trades about 1% higher near $62.20 during the Asian session ahead of the July U.S. Nonfarm Payrolls release at 12:30 GMT. TD Securities projects July NFP at 70k with the unemployment rate steady at 4.2%, signaling a still subdued but stable labor market. Higher WTI oil prices near $77.00 and key technical […]
Read moreAugust 7, 2026 7:12 am
Key Moments Gold (XAU/USD) climbs back toward the $4,300 area, staying close to its highest level since June 18 and on course for its strongest weekly performance since January. Geopolitical tensions, inflation concerns, and expectations of further Federal Reserve rate hikes support the US Dollar, limiting the upside for the non-yielding metal. Market participants appear […]
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