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WTI trades with negative bias just above mid-$60.00s amid mixed fundamental cues
WTI meets with a fresh supply amid worries that the US-China trade war would dent fuel demand. A surprise OPEC+…
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U.S. Wholesale Sales Higher Than Expected
US Wholesale Sales MoM: 2.4% (Forecast 0.8%, Previous -1.3%) US Wholesale Inventories MoM Rev.: 0.3% (Forecast 0.4%, Previous 0.3%) The…
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AUD/USD posts modest gains above 0.6300 as Trump tariffs fuel recession fears
AUD/USD trades with mild gains near 0.6330 in Friday’s early Asian session. The US ISM Services PMI dropped to 50.8…
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GBP rallies against US Dollar as Trump tariffs stoke recession fears
The Pound Sterling jumps above 1.3100 against the US Dollar as higher-than-anticipated Trump’s tariffss have prompted risks of a US…
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US President Donald Trump weighs broader, higher tariffs – WSJ
US President Donald Trump’s administration is hurrying to determine the specifics of its new tariff agenda ahead of its self-imposed deadline…
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Cotton Post Wednesday Gains
Cotton futures closed out the Wednesday session with contracts getting a midweek pop. Front months were up 40 to 54…
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Dollar Weakness Sparks Short Covering in Sugar
May NY world sugar #11 (SBK25) Tuesday closed up +0.25 (+1.30%), and May London ICE white sugar #5 (SWK25) closed…
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Chart of The Day – EURO STOXX 50
The European stock market opened the new week in the green, recovering part of the recent correction. Friday’s remark by Donald…
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Jerome Powell speaks on policy outlook after holding policy rate unchanged
Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate unchanged at the range of 4.25%-4.5% after…
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Crazy Ivan in Oil
The U.S. president, Donald Trump, has threatened further sanctions against Russia, citing the “fact” that Moscow is currently “pounding” Ukraine…
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