March 10, 2025 1:52 pm
Key moments Futures Prices Rise on Monday, Following Strong Gains at Week’s End Record Net Short Positions Held by Speculators Despite Price Increases Export Data Shows Slight Decline Year-Over-Year, While Stocks Remain Stable Cotton Futures See Gains Amid Fluctuating Market Dynamics Cotton futures experienced gains on Monday morning, continuing the upward trend observed at the […]
Read moreMarch 10, 2025 10:06 am
Key moments Silver prices are currently testing near-term support at the $32.21 level, as indicated by the nine-day EMA. The 14-day RSI stays above the 50 threshold, reinforcing the prevailing bullish sentiment in the market. A recovery back into the established ascending channel would strengthen the positive outlook and pave the way for further price […]
Read moreMarch 10, 2025 9:36 am
Key moments Global oil prices took a significant hit on Monday, with Brent crude falling to around $70 per barrel and WTI dropping to approximately $67. The developments surrounding tariffs initiated by the Trump administration sparked widespread anxiety in the oil market. Increased oil production by the Organization of the Petroleum Exporting Countries and its […]
Read moreMarch 10, 2025 9:17 am
Key moments Palm oil futures experience a 1.5% drop, reversing recent gains due to profit-taking and trade concerns. February export data reveals a four-year low, with a 16.27% monthly decrease. Supply constraints, including flood disruptions and pest infestations, limit further price declines. Profit-Taking and Trade Tensions Pressure Malaysian Palm Oil Futures Prices Below MYR 4,600 […]
Read moreMarch 10, 2025 7:53 am
Key moments Spot Gold holding above $2,900 mark, as USD hovers above a four-month trough Gold may overcome $3,000 soon – analyst US CPI, PPI data on traders’ radar Spot Gold firmed at the start of the new week, while holding above the $2,900 mark, underpinned by dollar weakness and safe haven demand amid concerns […]
Read moreMarch 7, 2025 3:43 pm
Key moments The US Energy Secretary unveiled his intentions to seek up to $20 billion to replenish the nation’s depleted oil reserve to its maximum capacity of 700 million barrels. The current holdings of the Strategic Petroleum Reserve stand at 395 million barrels, a dramatic reduction from its maximum capacity. The refill initiative, which may […]
Read moreMarch 7, 2025 3:28 pm
Key moments After an earlier dip to $32.20, XAG/USD recovered, exceeding $32.50. The upcoming US Nonfarm Payrolls report is driving market volatility, with traders carefully positioning themselves ahead of the release and its potential impact on Fed policy. Silver’s recovery was aided by a declining US dollar, making the metal more attractive to investors holding […]
Read moreMarch 7, 2025 10:36 am
Key moments DNO has finalized the purchase of 100% of Sval Energi from HitecVision, with a $450 million cash transaction for the company’s shares. The Oslo-listed DNO experienced a 7.8% increase in its share value by 9:14 GMT, significantly exceeding the broader European oil and gas index’s 0.1% decline. This acquisition is set to quadruple […]
Read moreMarch 7, 2025 9:43 am
Key moments Sharp Price Increase: Arabica coffee futures, serving as a primary reference point for setting prices in the global coffee trade, experience an almost 70% surge since November, impacting global trade. Reduced Purchasing: Traders and roasters minimize purchases due to price volatility and retail resistance. Inventory Decline: Coffee warehouses report significantly reduced stock levels, […]
Read moreMarch 7, 2025 8:44 am
Key moments Oil prices are set for their largest weekly drop since October due to U.S. tariff policy uncertainties. Fluctuating U.S. trade policies, including tariffs, are creating concerns about economic growth and oil demand. Despite tariff concerns, OPEC+ is proceeding with planned output increases, adding to market supply. Oil Prices Are on Track for Steepest […]
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