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Silver Extends Rally Above $62.50 on Softer Fed Outlook

July 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 more

U.S. Cattle Futures Steady on Holiday Demand Worries

July 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 more

WTI Crude Near Multi-Month Lows as Bearish Trend Deepens

July 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 more

Gold Edges Higher as Softer Dollar Caps Fed Pressure

July 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 more

Soybean Futures Extend Rally on Supply Data

July 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 more

Corn Futures Extend Post-Report Rally on Wednesday

July 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 more

Gold Slides as Rising U.S. Yields Weigh on XAU/USD

July 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 […] Read more

Cattle Futures Extend Losses on Heat, Holiday Demand

July 1, 2026 11:53 am
Key Moments CME August live cattle futures declined 1.150 cents to 242.425 cents per pound, marking a third consecutive session of losses. August feeder cattle futures fell 2.875 cents to 364.600 cents per pound, reaching a two-week low. Actively traded August lean hog futures settled 0.925 cent higher at 98.200 cents per pound, as nearby […] Read more

Aluminum Futures Fall as Spot Demand Remains Weak

July 1, 2026 11:50 am
Key Moments SHFE aluminium 2606 futures traded at a lower level in the morning compared with the same session on the previous trading day. Spot premiums in east China held at RMB 10-20 per tonne over the SHFE aluminium July contract, while central China saw discounts of RMB 30-50 per tonne. Aluminum ingot inventories in […] Read more