September 2, 2026 12:42 pm
Key Moments CME October live cattle futures closed down 0.60 cent at 212.075 cents per pound, while October feeder cattle fell 1.625 cents to 315.40 cents per pound. Traders continued to factor in a series of bearish developments, including the temporary waiver of U.S. beef import tariffs and the reopening of the U.S.-Mexico border to […]
Read moreSeptember 2, 2026 9:58 am
Key Moments Gold rebounded intraday from a low near $4,329 to trade around $4,374.86 on the 5-hour chart, while the broader trend stayed decisively bearish. RSI at 26.79 and Money Flow Index at 7.74 signaled extreme oversold conditions alongside a fully completed Double Top breakdown. Key trading zones centered around $4,355-$4,400 for support and $4,450-$4,488 […]
Read moreSeptember 2, 2026 8:54 am
Key Moments Copper trades at $6.5475, confined between key support at $6.490–6.510 and resistance near $6.600 on the 5-hour chart. Price action sits directly on the 200-period moving average at $6.492 and the 38.2% Fibonacci retracement at $6.507, forming a high-conviction inflection zone. A developing Double Top pattern is approximately 80% complete, with a neckline […]
Read moreSeptember 2, 2026 8:38 am
Key Moments Natural Gas rebounded from a $2.616 low to $2.944 on the 5-hour chart, trading just under key resistance at $2.996. Price action sits above the 200-period SMA at $2.832, with support from $2.818 to $2.910, but momentum is capped by a 50% Fibonacci retracement at $2.996. Defined trade plans outline bullish targets up […]
Read moreSeptember 2, 2026 7:42 am
Key Moments Brent crude moved back above $95/bbl, its highest level in more than a month, as Persian Gulf tensions intensified and added a geopolitical risk premium. Diesel markets tightened further, with ICE gasoil cracks at around $79/bbl, U.S. diesel cracks well above $100/bbl, and ICE gasoil Sep/Nov timespreads at a backwardation of $80/t. API […]
Read moreSeptember 2, 2026 6:19 am
Key Moments XAG/USD trades around $63.40 per troy ounce after falling for a second straight session amid a global bond selloff. The 10-year US Treasury yield climbs to 4.80%, its highest level since early 2025, sharpening worries about persistent inflation and further rate hikes.
Read moreSeptember 2, 2026 5:59 am
Key Moments WTI trades in the mid-$90.00s, up 1.20% on the day, marking a third consecutive daily advance and the highest level since July 24. Heightened US-Iran tensions and renewed attacks around key Middle East shipping lanes intensify supply concerns and support crude prices. WTI holds above the 100-day SMA at $85.12 and the 50.0% […]
Read moreSeptember 1, 2026 2:02 pm
Key Moments Soybean futures are trading 9 to 10 cents higher in most front months after posting steady-to-higher closes on Monday. The EPA granted 18 small refinery exemptions and 11 partial exemptions for 2025, reallocating the exempted volume to 2026 and 2027 RVOs. USDA data showed 95% of the U.S. soybean crop had set pods […]
Read moreSeptember 1, 2026 1:52 pm
Key Moments Dutch front-month gas climbed 1.3% to 71.30 euros per MWh, extending a nearly 5% gain in the prior session and holding above 70 euros. UK NBP wholesale gas surged 6.4% to 175.40 pence per therm as traders returned after a public holiday. Eurozone headline CPI for August accelerated to 3.3% year-on-year, with energy […]
Read moreSeptember 1, 2026 9:20 am
Key Moments OCBC strategists increased their end-2026 Brent crude forecast to USD 80/bbl from USD 75/bbl, citing a slower-than-expected recovery in Middle East supply. Brent has traded above USD 90/bbl amid escalating US-Iran tensions and ongoing threats to shipping through the Strait of Hormuz. Falling inventories, higher transport costs, and emerging diesel shortages have become […]
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