July 9, 2026 10:17 am
Key Moments Robin Energy executed a one-for-15 reverse stock split on Nasdaq, cutting its share count from 8.7m to 600,000. The stock price moved from $0.45 before the transaction to $6.93 per share, while the company’s market capitalization stands at $45m. Since the start of January, Robin Energy has raised $13.9m via an at-the-market equity […]
Read moreJuly 9, 2026 9:42 am
Key Moments Bernstein increased its 2026 nickel price target to $17,357 per metric ton as the firm now anticipates only a modest market surplus. Higher Indonesian costs and ore constraints pushed C1 cash costs at the 75th and 90th percentile to $17,870 and $18,650 per ton, well above 2025 levels. Combined LME and SHFE nickel […]
Read moreJuly 9, 2026 9:07 am
Key Moments Zinc futures at ₹374/kg have been advancing steadily over the past two weeks, reinforcing a strong short-term uptrend. The July contract has cleared key resistance levels at ₹367 and ₹372 and is now trading above both the 21-day and 50-day moving averages. Analysts project potential upside toward ₹390 and ₹400, while identifying support […]
Read moreJuly 9, 2026 8:27 am
Key Moments Commerzbank’s Thu Lan Nguyen highlights that recent U.S. policy toward Iran has overturned expectations of a swift normalization of Gulf oil supplies. Despite increased shipping activity through the Strait of Hormuz, traffic remains below pre-war levels while markets had been pricing in an oil supply glut. The apparent cancellation of the Iran deal […]
Read moreJuly 9, 2026 7:48 am
Key Moments WTI pulls back during Thursday’s Asian session, trading just above $74.00 and down about 0.65% on the day. Prices stall near the 23.6% Fibonacci retracement of the May-July decline, while remaining below the 200-day EMA at $77.27. Mixed signals from MACD and RSI suggest caution, with rebounds capped by overhead resistance rather than […]
Read moreJuly 9, 2026 6:57 am
Key Moments Gold (XAU/USD) has traded lower for a fourth consecutive session, hovering close to a one-week low near the $4,020 area. Renewed US-Iran tensions and persistent inflation concerns are reinforcing expectations for a potential Federal Reserve rate hike in 2026. From a technical standpoint, XAU/USD remains below its 200-day SMA and inside a downward […]
Read moreJuly 9, 2026 6:16 am
Key Moments XAG/USD traded around $58.30 per troy ounce in Asian hours on Thursday after three consecutive sessions of declines.
Read moreJuly 8, 2026 2:09 pm
Key Moments Wheat futures are trading 3 to 5 cents higher early Wednesday after closing firmly in positive territory on Tuesday across all major contracts. NASS reported 59% of the US winter wheat crop harvested and final condition ratings at 26% good/excellent, with the Brugler500 index at 262. May wheat exports totaled 1.609 MMT (59.13 […]
Read moreJuly 8, 2026 1:48 pm
Key Moments Corn futures extended Tuesday’s rally, with most contracts closing between 3 1/2 and 6 3/4 cents higher. The weekly Crop Progress report showed 16% of the U.S. corn crop silking and overall conditions steady at 67% good to excellent. May Census data reported 7.252 MMT of corn exports and record ethanol exports of […]
Read moreJuly 8, 2026 9:53 am
Key Moments The United States supplied 12.67 terawatt-hours of LNG to Greece in the first half of 2026, representing about 70% of LNG volumes at the main import terminal. Greek gas exports tripled year over year to 8.72 terawatt-hours, reinforcing the country’s role as a transit hub toward the Balkans and eastern Europe. Total gas […]
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