Recent Trends in Wheat Futures and Commodity TradingCommodities

Recent Trends in Wheat Futures and Commodity Trading

Quick Look Wheat futures are trading 1% to 1.5% weaker, with Chicago futures down by 12 cents. Wheat export sales…

GBP’s Struggle: Resistance at 1.2650 and Potential DropsForex

GBP’s Struggle: Resistance at 1.2650 and Potential Drops

Quick Look GBP/USD struggled to breach the 1.2650 – 1.2685 resistance, eyeing a potential decline. Technical analysis suggests a drop…

Apple Axes EV Project for AI: Shares Rise 0.7%Technology

Apple Axes EV Project for AI: Shares Rise 0.7%

Key Points Apple cancels its electric car project, shifting focus towards artificial intelligence (AI). The announcement sees a 0.7% increase…

G7 Chiefs in Sao Paulo: $397B Aid FocusEconomy

G7 Chiefs in Sao Paulo: $397B Aid Focus

Key Points G7 finance ministers and central bank chiefs, including US Treasury Secretary Janet Yellen and IMF chief Kristalina Georgieva,…

Gas Prices Plunge & Sanctions Shake Global MarketsCommodities

Gas Prices Plunge & Sanctions Shake Global Markets

Quick Look U.S. Henry Hub natural gas prices plummet to $1.70/MMBtu from a high of $9.50/MMBtu during the Russia/Ukraine conflict.…

EUR/USD Stays Strong Amid US GDP Data DipForex

EUR/USD Stays Strong Amid US GDP Data Dip

Quick Look EUR/USD steadies around 1.0855 amid weak US economic data, awaiting key GDP and European confidence reports. US consumer…

Financial Titan Stanley Druckenmiller’s InvestmentForex Personas

Financial Titan Stanley Druckenmiller’s Investment

Key Points Stanley Druckenmiller, born in 1953 in Pennsylvania, boasts a career with significant impacts on global finance, including a…

Gold Steady at $2,030.57; Futures Dip SlightlyCommodities

Gold Steady at $2,030.57; Futures Dip Slightly

Key Points Spot Gold remains steady at $2,030.57/oz, while U.S. Gold Futures experience a slight decline. Platinum and Palladium prices…

RBNZ Holds OCR Steady at 5.5%, NZD TumblesStocks

RBNZ Holds OCR Steady at 5.5%, NZD Tumbles

Key Points The Reserve Bank of New Zealand (RBNZ) keeps the Official Cash Rate (OCR) unchanged at 5.5%, emphasising the…

Rivian’s 40% Surge to 50% Drop: A 2024 OverviewStocks

Rivian’s 40% Surge to 50% Drop: A 2024 Overview

Key Points Rivian’s stock sees dramatic fluctuations, with a 40% surge in December 2023 but a 50% drop in early…