# Today Markets > Global Markets. Intelligent Trading. ## Posts - [Gold sticks to intraday losses below $4,050 as focus remains on FOMC meeting](https://todaymarkets.com/gold-sticks-to-intraday-losses-below-4050-as-focus-remains-on-fomc-meeting/): Gold (XAU/USD) maintains its offered tone through the Asian session on Tuesday and currently trades just below $4,050, down 0.85% for the day. This follows the previous day’s failure to find acceptance above the $4,100 mark and suggests that the path of least resistance for the bullion remains to the downside. However, subdued US Dollar […] - [XAG/USD falls to near $57.50 despite easing Fed hike bets](https://todaymarkets.com/xag-usd-falls-to-near-57-50-despite-easing-fed-hike-bets/): Silver price (XAG/USD) declines after registering nearly 0.5% gains in the previous day, trading around $57.50 per troy ounce during the Asian hours on Tuesday. The non-yielding white metal may regain ground as the prospect of de-escalation sends oil prices lower, easing market concerns over rising inflation and further interest rate hikes. US President Donald Trump […] - [Coffee Prices Sharply Higher as Brazil’s Coffee Harvest is Delayed](https://todaymarkets.com/coffee-prices-sharply-higher-as-brazils-coffee-harvest-is-delayed/): September arabica coffee (KCU26) on Monday closed up +10.75 (+3.43%), and September ICE robusta coffee (RMU26) closed up +42 (+1.12%). Coffee prices settled sharply higher on Monday amid concern that heavy rain in Brazil will further disrupt the country’s coffee harvest and tighten global supplies.  On Monday, Somar Meteorologia reported that 32.4 mm of rain, […] - [Cocoa Prices Slump on Abundant Global Supplies](https://todaymarkets.com/cocoa-prices-slump-on-abundant-global-supplies/): September ICE NY cocoa (CCU26) on Monday closed down -276 (-5.13%), and September ICE London cocoa #7 (CAU26) closed down -188 (-4.68%). Cocoa prices gave up an early advance today and sold off sharply to 3-week lows on signs of larger global cocoa supplies.  Monday’s cumulative data from the Ivory Coast showed that farmers shipped […] - [Slumping Crude Oil Prices Weigh on Sugar Prices](https://todaymarkets.com/slumping-crude-oil-prices-weigh-on-sugar-prices/): October NY world sugar #11 (SBV26) on Monday closed down -0.19 (-1.29%), and October London ICE white sugar #5 (SWV26) closed down -2.40 (-0.52%). Sugar prices fell to 1-week lows on Monday and settled lower amid the plunge in crude oil prices.  WTI crude oil (CLU26) tumbled more than -7% on Monday, which undercuts ethanol […] - [Chip War Weighs on Wall Street as Oil Plunges After US–Iran Ceasefire](https://todaymarkets.com/chip-war-weighs-on-wall-street-as-oil-plunges-after-us-iran-ceasefire/): Stock Market 🌐 Geopolitics & Macroeconomics 🛢️ Commodities 🪙 Precious Metals 🪙 Cryptocurrencies - [Gold struggles below $4,100 as US Dollar rebounds, Fed decision looms](https://todaymarkets.com/gold-struggles-below-4100-as-us-dollar-rebounds-fed-decision-looms/): Gold (XAU/USD) opens the week with a bullish gap on Monday but struggles to build on its early advance as optimism over a temporary pause in attacks between the United States (US) and Iran fades and Oil prices recover from intraday lows. At the time of writing, XAU/USD trades around $4,073 after briefly climbing above $4,100, […] - [Nasdaq-100 under pressure after chip sell-off](https://todaymarkets.com/nasdaq-100-under-pressure-after-chip-sell-off/): Semiconductor weakness weighs on Nasdaq-100 futures Nasdaq-100 (US100) futures remain under pressure today following reports about China’s progress in developing its own semiconductor manufacturing technology. The index opened higher, supported by news of a pause in military operations between the US and Iran, but sentiment deteriorated as the session progressed and prices moved into negative […] - [Ethereum Nears $2,000](https://todaymarkets.com/ethereum-nears-2000/): Spot Ethereum is currently losing 0.3% today, after having tested the vicinity of $2,000 level, a 2-month high. Following the US market opening, the asset began to pull back, though it remains near the $2,000 level. The price of Ethereum was rising today alongside a weakening dollar. Looking through the lens of majors in the […] - [European TTF gas prices fall by 7.5%](https://todaymarkets.com/european-ttf-gas-prices-fall-by-7-5/): The suspension of mutual attacks by the US and Iran is causing energy commodity prices to fall Natural gas prices in Europe (the Dutch TTF benchmark) recorded a sharp decline on Monday. The nearest expiring contract lost as much as 8.5%, dropping for a moment below 58 EUR/MWh. Last week, the price closed several times […] - [Trade of The Day - US100](https://todaymarkets.com/trade-of-the-day-us100-2/): Facts: Recommendation: US100 (D1) Source: xStation5 OPINION : The price of the contract on Wall Street’s main technology index has been moving within a descending channel over the past 2 months. Strong resistance at the EMA100 average, combined with the RSI and Williams indicators, creates favorable conditions for an upward corrective move. Methodology and assumptions: - [Chart of The Day - US100](https://todaymarkets.com/chart-of-the-day-us100/): Today’s trading in the US100 is getting off to a start in a distinctly risk-on mood, driven primarily by a rebound in the oil market and statements from the US and Iran regarding a mutual pause in military attacks. US100 futures are up by around 1.37% on Monday, trading at 28,693 points, making them the […] - [The Week Ahead](https://todaymarkets.com/the-week-ahead/): Key takeaways Week Ahead: Oil prices tumble There has been a major shift in financial markets this morning. Reports that the US and Iran have agreed to a pause in hostilities after two weeks of relentless bombing by both sides, has been warmly welcomed by investors. This has dramatically reduced the geopolitical risk premium; the […] - [Economic Calendar: What you need to watch closely this week❓](https://todaymarkets.com/economic-calendar-what-you-need-to-watch-closely-this-week%e2%9d%93/): The market opens the week in the wake of a sharp fall in oil prices, following reports that the US and Iran have halted attacks in the Strait of Hormuz – this is the main driver of today’s session. WTI crude is down by over 7%, whilst Brent fell by as much as around 5% […] - [Copper Steadies Amid Easing Mideast Tensions](https://todaymarkets.com/copper-steadies-amid-easing-mideast-tensions/): Copper futures steadied above $6.3 per pound on Monday after experiencing sharp volatility last week, as easing tensions in the Middle East lifted market sentiment. The US and Iran suspended strikes against each other over the weekend amid renewed diplomatic efforts, with President Donald Trump reportedly open to restarting peace negotiations. Oil prices declined sharply, […] - [XAG/USD jumps over 2% to near $60 on renewed US-Iran diplomacy hopes](https://todaymarkets.com/xag-usd-jumps-over-2-to-near-60-on-renewed-us-iran-diplomacy-hopes/): Silver price (XAG) trades sharply higher near $60.00 during the Asian trading session on Monday. The white metal starts the week on a firm note as the pause in military aggression between the United States (US) and Iran has sent oil prices sharply lower. The exchange of attacks between the US and Iran paused after […] - [WTI remains heavily offered near $84.00 amid hopes for de-escalation in US-Iran conflict](https://todaymarkets.com/wti-remains-heavily-offered-near-84-00-amid-hopes-for-de-escalation-in-us-iran-conflict/): West Texas Intermediate (WTI) – the benchmark US Crude Oil price – opens with a bearish gap at the start of a new at the start of a new week and retreats further from its highest level since June 8, around the $92.25 zone, touched last Thursday. The black liquid, however, recovers slightly from a […] - [Gold gains as falling oil prices ease inflation and rate hike fears](https://todaymarkets.com/gold-gains-as-falling-oil-prices-ease-inflation-and-rate-hike-fears/): Gold price (XAU/USD) gains ground for the second consecutive day, trading around 4,103 per troy ounce during the Asian hours on Monday. Gold prices pushed higher as a sharp drop in oil prices eased market fears over inflation and interest rate hikes, following a weekend pause in military hostilities between the US and Iran. Attention now […] - [Bitcoin, Ethereum, Ripple – BTC extends winning streak, ETH clears key hurdle, XRP steadies](https://todaymarkets.com/bitcoin-ethereum-ripple-btc-extends-winning-streak-eth-clears-key-hurdle-xrp-steadies/): Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) begin the week on a firm footing after surging over 1%, 4% and 1%, respectively, in the previous week. BTC holds above key technical resistance after recording its fourth consecutive weekly gain. ETH has strengthened its bullish outlook by closing above its 100-day Exponential Moving Average (EMA), while XRP stabilizes around $1.10, […] - [Gasoline Prices Retreat](https://todaymarkets.com/gasoline-prices-retreat/): US gasoline prices slid to around $3.28 per gallon on Monday, retreating from a two-month high as reports of a pause in hostilities between Iran and the US offered some respite from supply concerns. Washington has paused its bombing campaign since late Friday after nearly two weeks of strikes. A senior Iranian official said Tehran […] - [EU Gas Prices Slide as US and Iran Pause Strikes](https://todaymarkets.com/eu-gas-prices-slide-as-us-and-iran-pause-strikes/): European natural gas prices dropped more than 7% to below €59 per MWh on Monday, pulling back from a four-month high as tensions in the Middle East eased following a halt in military strikes between the US and Iran. The US has stopped launching further attacks on Iran since late Friday after 13 consecutive nights […] - [Heating Oil Pulls Back](https://todaymarkets.com/heating-oil-pulls-back/): US heating oil prices fell toward $4.00 per gallon on Monday, pulling back from a more than three-month high as reports of a pause in hostilities between Iran and the US provided some relief from supply concerns. Washington has paused its bombing campaign since late Friday after nearly two weeks of strikes. A senior Iranian […] - [Forecasting the upcoming week: Fed, BoE and BoJ decisions take center stage](https://todaymarkets.com/forecasting-the-upcoming-week-fed-boe-and-boj-decisions-take-center-stage/): The upcoming week will be dominated by monetary policy decisions from the Federal Reserve (Fed), Bank of England (BoE) and Bank of Japan (BoJ). United States (US) Gross Domestic Product (GDP) and Personal Consumption Expenditures (PCE) inflation, Australian inflation and preliminary Eurozone growth and inflation figures will also attract significant attention. The US Dollar Index (DXY) trades near 101.50 […] - [Trade of The Day - US100](https://todaymarkets.com/trade-of-the-day-us100/): Facts: Recommendation: Long position on US100 at market price Stop Loss: 28,433 Take Profit: 29,380 Opinion: The Nasdaq 100 futures contract (US100) remains within a descending price channel and is currently testing its lower boundary near 28,400 points . Given the strong U.S. earnings season so far, marked by a high number of positive surprises […] - [Chart of The Day - OIL Pulls Back to Test $92.5 per Barrel](https://todaymarkets.com/chart-of-the-day-oil-pulls-back-to-test-92-5-per-barrel/): Key takeaways Brent crude oil (OIL) futures are edging lower today but continue to trade near $92.5 per barrel , after surging roughly 35% since the beginning of the month . Yesterday, Donald Trump warned that he is considering a larger military strike against Iran than ever before and said he is close to making […] - [Intel Surprised the Market. Is the Turnaround Finally Gaining Momentum?](https://todaymarkets.com/intel-surprised-the-market-is-the-turnaround-finally-gaining-momentum/): Ahead of Intel’s earnings release, the key question on investors’ minds was whether the company’s lengthy restructuring efforts were finally starting to deliver tangible results. The second-quarter report provided a much stronger answer than expected. Intel not only comfortably beat analysts’ estimates on both revenue and earnings, but also issued a stronger-than-expected outlook for the […] - [Stock of the Week: TSMC – The Manufacturing Engine Behind the AI Revolution](https://todaymarkets.com/stock-of-the-week-tsmc-the-manufacturing-engine-behind-the-ai-revolution/): In recent years, the technology market has focused primarily on companies developing artificial intelligence solutions. Nvidia provides the chips powering modern data centers, Microsoft and Google are investing billions of dollars in computing infrastructure, and countless businesses are trying to integrate generative AI into their products and services. However, behind every major AI success story […] - [Chart of The Day - No changes in the Far East, USD/JPY Hits New Highs](https://todaymarkets.com/chart-of-the-day-no-changes-in-the-far-east-usd-jpy-hits-new-highs/): USD/JPY is breaking out to new 40-year highs above 163.30 , and the market is signalling that the acceleration in the pace of the BOJ’s rate rises is already largely priced in. Traffic conditions on the D1 The price has broken through the previous resistance level of 163.00 (purple line) and is reaching new highs […] - [Trade of The Day - GBP/JPY](https://todaymarkets.com/trade-of-the-day-gbp-jpy/): Facts: Recommendation: Trade: Long GBPJPY at market price Target: 220.16 Stop: 216.92 Opinion: Looking at GBPJPY chart, one can observe that the price reached the key technical support on Tuesday. This support is marked with the lower limit of 1:1 structure (green rectangles), as well as previous price reactions. In addition the price sits above […] - [Lockheed Martin and RTX raise guidance. Defense stocks move higher](https://todaymarkets.com/lockheed-martin-and-rtx-raise-guidance-defense-stocks-move-higher/): Key takeaways Shares of U.S. defense giants Lockheed Martin and RTX are rising after both companies reported strong second-quarter results. Both firms exceeded Wall Street expectations for revenue and earnings while raising their full-year guidance. The results reinforce that the global defense spending boom continues to translate into record order inflows and improving financial performance […] - [Wheat climbs to the highest level since May 2024. Black Sea export risks fuel rally](https://todaymarkets.com/wheat-climbs-to-the-highest-level-since-may-2024-black-sea-export-risks-fuel-rally/): CBOT wheat futures have climbed above 700 cents per bushel for the first time in months as investors increasingly price in growing risks to global grain supplies. The rally is being driven by escalating disruptions to Black Sea exports, disappointing U.S. spring wheat crop prospects, and tightening global supply expectations following recent USDA reports. Key […] - [US Open: Alphabet and Tesla Weigh on Wall Street, While Oil Prices Renew Investor Concerns](https://todaymarkets.com/us-open-alphabet-and-tesla-weigh-on-wall-street-while-oil-prices-renew-investor-concerns/): Wall Street remains under pressure today, with the major indices trading on the weaker side of the market. Investors are trying to find direction amid mixed signals from the earnings season, macroeconomic data, and rising geopolitical tensions. Although some of the largest technology companies delivered results above expectations, the market reaction remains cautious, showing that […] - [What's next for Brent crude.Traffic in the Strait of Hormuz at its lowest level in three weeks](https://todaymarkets.com/whats-next-for-brent-crude%e2%9d%93traffic-in-the-strait-of-hormuz-at-its-lowest-level-in-three-weeks/): As of noon on Friday, the price of Brent crude has remained within a narrow range around $85.50 per barrel for the fourth consecutive trading session, fluctuating between 50- and 100 -day exponential moving averages, as investors weigh the impact of reduced tanker traffic through the Strait of Hormuz against the backdrop of a general […] - [Three Markets Worth Watching Next Week](https://todaymarkets.com/three-markets-worth-watching-next-week/): Over the past week, financial markets remained under the influence of the further escalation of the situation in the Middle East. Several companies published their financial data for the past quarter, which unofficially kicked off the earnings season. Now, investors’ attention will shift to the final central bank decisions before a long break, as well […] - [Iran Escalation: What to Watch and What to Expect](https://todaymarkets.com/iran-escalation-what-to-watch-and-what-to-expect/): Diplomatic communications, media reports, and independent analyses indicate that an escalation of the conflict between the United States and Iran is highly likely. Iran’s geography is one of its greatest, if not its greatest, strengths. But it also creates a number of vulnerabilities. The vulnerability with the largest implications for the conflict, and the one […] - [Trade of the day: U500](https://todaymarkets.com/trade-of-the-day-u500/): Facts Recommendation: Long US500 at market price SL: 7,473 TP: 7,600 Opinion The recent correction in technology stocks has weighed on investor sentiment, but upward earnings revisions and strong Big Tech results could support a rebound on Wall Street. So far, the earnings season has been broadly solid despite a few disappointments, including Netflix, with […] - [How to Manage Risk Without Losing Growth](https://todaymarkets.com/how-to-manage-risk-without-losing-growth/): Introduction Lorem ipsum dolor sit amet consectetur. Diam consectetur suspendisse dolor quam consectetur amet enim. Adipiscing tortor pretium pellentesque fames vulputate suscipit. Magnis urna commodo enim feugiat. Eu in lacus amet mi nec arcu. Odio lectus vitae convallis feugiat convallis amet neque elit lectus. Congue lacus ut vivamus molestie. Lorem ipsum dolor sit amet consectetur. […] - [AI & Investing: What You Should Know](https://todaymarkets.com/ai-investing-what-you-should-know/): Introduction Lorem ipsum dolor sit amet consectetur. Diam consectetur suspendisse dolor quam consectetur amet enim. Adipiscing tortor pretium pellentesque fames vulputate suscipit. Magnis urna commodo enim feugiat. Eu in lacus amet mi nec arcu. Odio lectus vitae convallis feugiat convallis amet neque elit lectus. Congue lacus ut vivamus molestie. Lorem ipsum dolor sit amet consectetur. […] - [10 Habits of Confident Investors](https://todaymarkets.com/10-habits-of-confident-investors/): They captured every moment beautifully with creativity and professionalism. Their attention to detail and seamless... - [United States Dollar Index weakens below 100.00 as Trump says new Iran talks would begin Monday](https://todaymarkets.com/united-states-dollar-index-weakens-below-100-00-as-trump-says-new-iran-talks-would-begin-monday/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.70 in the Asian trading hours on Monday. The DXY declines amid improved risk sentiment. Traders brace for the release of the US ISM Manufacturing Purchasing Managers Index (PMI) report, which will be […] - [WTI Price Forecast: More pain likely if fails to hold $77](https://todaymarkets.com/wti-price-forecast-more-pain-likely-if-fails-to-hold-77/): West Texas Intermediate (WTI), futures on NYMEX, holds onto early losses, trading 7.6% lower at around $78.60 during the Asian trading session on Monday. The oil price faces selling pressure as United States (US) President Donald Trump announced, through a post on Truth Social, that planned attacks on Iran have been suspended as the nation […] - [Copper Gains on Tightening Supply](https://todaymarkets.com/copper-gains-on-tightening-supply/): Copper futures climbed toward $6.5 per pound on Monday, reaching their highest level in two weeks as ongoing supply constraints continued to tighten market conditions. Analysts cited shortages of copper concentrate and scrap copper in top consumer China, driving treatment charges and market spreads higher. Traders also remained cautious over the prospect of new US […] - [Oil Falls as US-Iran Peace Talks Resume](https://todaymarkets.com/oil-falls-as-us-iran-peace-talks-resume/): Crude oil dropped more than 4% toward $80 per barrel on Monday after surging over 20% in July, as President Donald Trump announced that peace talks with Iran will resume today after he canceled a planned military strike against the Islamic Republic. Trump said key Middle Eastern allies, including Saudi Arabia, urged him to suspend […] - [Gold Rises as US-Iran Peace Talks Eyed](https://todaymarkets.com/gold-rises-as-us-iran-peace-talks-eyed/): Gold climbed above $4,050 an ounce on Monday, recovering losses from the previous session after President Donald Trump said peace talks with Iran will resume today, sending oil prices lower and easing concerns over inflation and the interest rate outlook. Trump said key Middle Eastern allies, including Saudi Arabia, urged him to suspend planned strikes […] - [European Gas Tumbles After Trump Cancels Attack on Iran](https://todaymarkets.com/european-gas-tumbles-after-trump-cancels-attack-on-iran/): European natural gas prices declined more than 4% to around €56 per MWh on the first trading day of August after President Donald Trump called off a planned weekend attack on Iran, saying Tehran and other Middle Eastern nations had assured him they were working toward a deal. Trump said that negotiations between the parties […] - [Gasoline Hits 3-Week Low](https://todaymarkets.com/gasoline-hits-3-week-low/): US gasoline futures fell toward $3.0 per gallon in early August, declining for the third consecutive session to a three-week low after President Donald Trump canceled a planned attack on Iran, easing some concerns over supply disruptions in the region. Trump said Saudi Arabia and other key Middle Eastern allies had urged him to suspend […] - [Heating Oil Falls for Third Session](https://todaymarkets.com/heating-oil-falls-for-third-session/): US heating oil futures fell toward $4.0 per gallon in early August, extending losses for a third straight session, as President Donald Trump canceled a planned attack on Iran. Trump said Saudi Arabia and other key Middle Eastern allies had urged him to halt the planned strikes and resume negotiations, while continuing to press for […] - [Platinum Rises to 6-Week High](https://todaymarkets.com/platinum-rises-to-6-week-high/): Platinum futures rose above $1,660 an ounce, touching a six-week high as precious metals broadly advanced after oil prices retreated amid renewed hopes of a peace deal in the Middle East. US President Donald Trump said peace talks with Iran will resume after key Middle Eastern allies urged a diplomatic solution and the reopening of […] - [Zinc Climbs to Over 4-Year High](https://todaymarkets.com/zinc-climbs-to-over-4-year-high/): Zinc futures climbed above $3,650 per tonne, the highest level since June 2022, as prospects of reduced Chinese mine and smelter production heightened concerns over near-term supply. Production adjustments at a zinc mine in Southwest China are expected to reduce zinc concentrate output by around 1,000 tonnes in August, while scheduled maintenance at a major […] - [Forecasting the upcoming week: US labor market takes center stage after hawkish Fed split](https://todaymarkets.com/forecasting-the-upcoming-week-us-labor-market-takes-center-stage-after-hawkish-fed-split/): The first full week of August will test whether the US Dollar can recover from its sell-off during the last week of July as investors shift their attention from central bank decisions to a fresh round of economic data. The spotlight will be on July’s Nonfarm Payrolls (NFP) report, while ISM surveys, ADP Employment figures […] - [Bank of Canada: Strong GDP lowers cut risk – TD Securities](https://todaymarkets.com/bank-of-canada-strong-gdp-lowers-cut-risk-td-securities/): TD Securities’ Robert Both and Emma Lawrence note that stronger-than-expected Canadian Gross Domestic Product (GDP) data support a brighter growth outlook but do not materially change their Bank of Canada (BoC) view. They highlight that Q2 GDP is tracking above BoC projections, yet still expect policy rates to remain unchanged through 2026 before a gradual hiking cycle […] - [Japanese Yen: Intervention slows but does not reverse trend – ING](https://todaymarkets.com/japanese-yen-intervention-slows-but-does-not-reverse-trend-ing/): ING’s Chris Turner describes USD/JPY’s rollercoaster, with a 3% drop on reported Japanese intervention followed by a near 2% rebound. He notes that coordinated Fed-Treasury involvement was key in January but now sees the story as having moved on. Turner expects more Japanese FX intervention, yet believes it can only slow, not reverse, the underlying […] - [Euro: Range seen around mid‑1.15s against US Dollar – Scotiabank](https://todaymarkets.com/euro-range-seen-around-mid-1-15s-against-us-dollar-scotiabank/): Scotiabank’s FX team notes EUR/USD is drifting toward 1.15 after a Fed‑driven rally, with euro area CPI broadly in line with expectations and French data briefly lifting the Euro. Rate expectations are stabilizing, with about 42 bps of tightening priced by December. Their fair‑value estimate sits in the mid‑1.15s, with a near‑term 1.1450–1.1550 range. Euro consolidates […] - [Three Markets to Watch Next Week](https://todaymarkets.com/three-markets-to-watch-next-week/): The Federal Reserve kept interest rates unchanged, although Kevin Warsh himself sought to maintain a hawkish stance while not suggesting that rate hikes are expected anytime soon. The final days of July also brought a distinct improvement in sentiment across the technology sector, coinciding with financial results publications from major Big Tech companies. The Middle […] - [Who will surprise with the earnings next week](https://todaymarkets.com/who-will-surprise-with-the-earnings-next-week/): Despite the fact that the largest technology companies have already released their results, with mixed outcomes, the earnings season is still ongoing. The coming week is also very rich in major releases. The first week of August will feature earnings mainly from “second-tier” and “third-tier” technology companies as well as industrial firms. Regardless of an […] - [What July can tell us about where stocks go next](https://todaymarkets.com/what-july-can-tell-us-about-where-stocks-go-next/): The summer is hurtling by, but this month has been crucial for assessing the main drivers of asset prices as we move through Q2. July has seen an abrupt shift in stock market leadership. The best performing indices for 2026 so far have been the worst performing sectors this month. The Kospi is down 23%, […] - [Trade of the day - US100](https://todaymarkets.com/trade-of-the-day-us100-3/): Facts: Recommendation: Position: Long US100 at market price Source: xStation5 Opinion The recent decline in the US100 appears to be a technical correction within a broader uptrend rather than the beginning of a sustained trend reversal. The index has returned above the 28,200-point area, which previously acted as a key support zone and coincides with […] - [Chart of The Day - EUR/USD after the Fed meeting. The market scales back rate hike expectations](https://todaymarkets.com/chart-of-the-day-eur-usd-after-the-fed-meeting-the-market-scales-back-rate-hike-expectations/): Friday’s session on EURUSD is focused on the market’s continued assessment of Wednesday’s Federal Reserve meeting and the latest macroeconomic data from the United States. The market is increasingly assuming that the Fed will not rush into further rate hikes, although recent data still shows that the US economy remains relatively resilient. Wednesday’s Fed decision […] - [Nickel Holds Near 1-Month High](https://todaymarkets.com/nickel-holds-near-1-month-high/): Nickel traded around $17,300 per tonne in late July, remaining near its highest level in over a month and up more than 5% over the month as supply concerns in Indonesia supported prices. Indonesian smelters operated by Tsingshan Holding Group, the world’s largest nickel producer, suspended some export loadings of mixed hydroxide precipitate and disrupted […] - [Euro: Supported by growth surprise – Commerzbank](https://todaymarkets.com/euro-supported-by-growth-surprise-commerzbank/): Commerzbank’s Volkmar Baur notes that EUR/USD has broken back above 1.15 for the first time since mid-June as Eurozone Gross Domestic Product (GDP) outpaced United States (US) growth in annualised terms. He highlights a very low US savings rate as a potential drag on future US GDP and sees recent inflation data making it easier […] - [Oil: Middle distillate tightness supports prices – ING](https://todaymarkets.com/oil-middle-distillate-tightness-supports-prices-ing/): ING analysts Warren Patterson and Ewa Manthey note that Oil prices have pulled back, with ICE Brent dropping below $90/bbl even as US–Iran tensions stay high. They highlight recovering flows from the Persian Gulf via the Strait of Hormuz and pipelines, and stress that US SPR constraints and Russia’s extended diesel export ban keep middle […] - [Indian Rupee: Flows recovering as Dollar strength caps gains – DBS](https://todaymarkets.com/indian-rupee-flows-recovering-as-dollar-strength-caps-gains-dbs/): DBS Group Research economist Radhika Rao notes India’s onshore markets are being pulled between higher Oil prices and improving capital flows. Rising crude has lifted USD/INR and long-end bond yields, while the Finance Ministry warns high energy costs could pressure the current and fiscal accounts. Portfolio inflows and swap-window funding are recovering, yet the Indian […] - [Bank of England: Dovish hold shapes Pound outlook – UOB](https://todaymarkets.com/bank-of-england-dovish-hold-shapes-pound-outlook-uob/): UOB strategists highlight that the Bank of England (BoE) kept its policy rate at 3.75%, with Governor Bailey stressing no move toward a hike despite US-Iran conflict risks. The BoE reiterated it stands ready to act if inflation stays elevated, but softer price pressures led markets to scale back September hike expectations, even as a […] - [Euro: Upside risks after sharp Dollar shift – ING](https://todaymarkets.com/euro-upside-risks-after-sharp-dollar-shift-ing/): ING’s Francesco Pesole writes that EUR/USD broke above 1.150 as broad Dollar weakness persisted, even as the Euro underperformed some G10 peers despite stronger Eurozone data. With Eurozone CPI in focus and a September ECB hike largely priced, he sees near-term risks tilted to the upside for EUR/USD, though moves above 1.160 may prove unsustainable without further […] - [WTI falls to near $80.50 on profit-taking, increased traffic through Strait of Hormuz](https://todaymarkets.com/wti-falls-to-near-80-50-on-profit-taking-increased-traffic-through-strait-of-hormuz/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $80.50 during the early European trading hours on Friday. WTI tumbles as traders book some profits despite ongoing conflicts in the Middle East.  Profit-taking set in following the previous day’s sharp rally. Additionally, shipping through the Strait of Hormuz has picked up in recent days, […] - [Japanese Yen: Intervention and cautious BoJ stance – Commerzbank](https://todaymarkets.com/japanese-yen-intervention-and-cautious-boj-stance-commerzbank/): Commerzbank’s Volkmar Baur reports that Japan’s Ministry of Finance intervened in FX markets, with apparent US Treasury support, to address a weak Japanese Yen as Tokyo inflation stabilises around 2% with upside risks. However, the Bank of Japan left rates unchanged and only hinted at a more hawkish stance, which Baur deems insufficient to alter market expectations […] - [Apple is still impressive, but the market is no longer impressed](https://todaymarkets.com/apple-is-still-impressive-but-the-market-is-no-longer-impressed/): At first glance, Apple’s latest results are difficult to describe as anything other than solid. The company once again beat analyst expectations, revenue surpassed $109 billion, and its most important product, the iPhone, showed significant strength. Despite that, the initial market reaction has been negative, with Apple shares falling in after-hours trading. This reaction says […] - [Amazon’s massive AI bet is starting to pay off](https://todaymarkets.com/amazons-massive-ai-bet-is-starting-to-pay-off/): The market has only just begun analyzing Amazon’s latest earnings report, but investors’ initial reaction clearly shows how positively the published results have been received. At the time of writing, shortly before 11:00 p.m., the company’s shares are trading more than 7% higher in after-hours trading. Amazon not only met the market’s already high expectations […] - [Gold drifts lower as USD recovers amid Fed hike bets and geopolitical tensions](https://todaymarkets.com/gold-drifts-lower-as-usd-recovers-amid-fed-hike-bets-and-geopolitical-tensions/): Gold (XAU/USD) continues with its struggle to build on gains beyond the $4,100 mark and drifts lower during the Asian session on Friday, snapping a two-day winning streak. The US Dollar (USD) regains positive traction and reverses part of the previous day’s heavy losses to its lowest level since June 17. Furthermore, inflation risks stemming […] - [XAG/USD declines to near $58.40 as US Dollar regains ground](https://todaymarkets.com/xag-usd-declines-to-near-58-40-as-us-dollar-regains-ground/): Silver price (XAG/USD) is down almost 1% to near $58.40 during the Asian trading session on Friday. The white metal faces selling pressure as the US Dollar (USD) rebounds slightly, attempting to snap a three-day losing streak. At press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades […] - [Gasoline Retreats Further](https://todaymarkets.com/gasoline-retreats-further/): US gasoline futures fell below $3.10 per gallon, retreating further from the two-month high of $3.50 reached on July 23, as investors weighed improving shipping activity against ongoing geopolitical risks. Oil shipments from the Middle East picked up as more vessels left the Persian Gulf with transponders turned off, while two Saudi tankers crossed the […] - [EU Gas Prices Extend Decline](https://todaymarkets.com/eu-gas-prices-extend-decline/): European natural gas prices dropped to around €57 per MWh on Friday, extending losses from the previous session amid signs of improving shipping conditions through the Strait of Hormuz despite regional tensions and fresh LNG arrivals in Europe. Qatar sent its first LNG tanker through the waterway in more than three weeks, raising hopes that […] - [Heating Oil Declines](https://todaymarkets.com/heating-oil-declines/): Heating oil futures in the US fell below $4.10 per gallon in late July, pulling back from a nearly four-month high, as investors weighed improving shipping activity against ongoing geopolitical risks. Middle East oil shipments appeared to have picked up in recent days, with more vessels leaving the Persian Gulf undetected and two Saudi tankers […] - [Amazon Preview: AWS vs. $200 Billion in CapEx](https://todaymarkets.com/amazon-preview-aws-vs-200-billion-in-capex/): Amazon has spent years convincing investors that it can simultaneously expand its e-commerce business, scale its advertising operations, and build one of the most profitable cloud businesses in the world. However, today’s earnings release may show that the market has started looking at the company through a completely different lens. The focus is no longer […] - [Chevron preview: Has the market underestimated profit?](https://todaymarkets.com/chevron-preview-has-the-market-underestimated-profit/): On Friday, before trading begins on Wall Street, oil major Chevron will publish its results. Across the entire energy sector, it stands out for the diversity and complexity of its price drivers, even in the context of ongoing market tensions linked to the changing situation in Russia, Iran, and Venezuela. The market currently expects EPS […] - [Trade of The Day - GBP/AUD](https://todaymarkets.com/trade-of-the-day-gbp-aud/): Facts: GBPAUD is trading below the 100-period moving average from H4 interval The pair failed to break above the 1:1 structure Recommendation: Trade: Short position on GBPAUD at market price Target: 1.9000 Stop: 1.9235 Opinion: GBPAUD has been trading in a upward trend recently, but the pair may be experiencing a trend reversal. Looking at […] - [US Dollar: Fed reaction function clouds dollar outlook – MUFG](https://todaymarkets.com/us-dollar-fed-reaction-function-clouds-dollar-outlook-mufg/): MUFG’s Derek Halpenny highlights that the Federal Reserve’s decision to leave rates unchanged, and Chair Warsh’s failure to clearly justify the pause, triggered a sell-off at the long end of US Treasuries and modest Dollar weakness. He stresses that Fed credibility is now in question, inflation expectations have jumped, and the US Dollar outlook has deteriorated as […] - [US Dollar: Hawkish hold tempers USD strength – ING](https://todaymarkets.com/us-dollar-hawkish-hold-tempers-usd-strength-ing/): ING’s Knightley and Turner highlight that a neutral‑hawkish Fed hold has slightly weakened the Dollar, reversing positioning that had shifted toward a rate hike. They argue EUR/USD is now likely to trade in a 1.14–1.15 range, with a more durable Dollar setback depending on sustained lower Oil prices and softer US jobs and inflation data that could […] - [Federal Reserve: September hike risk stays elevated – ABN AMRO](https://todaymarkets.com/federal-reserve-september-hike-risk-stays-elevated-abn-amro/): ABN AMRO strategists analyze the latest Federal Reserve decision to keep the federal funds rate at 3.5-3.75%. They highlight dissenting votes, Kevin Warsh’s emphasis on the 2% inflation target, and the Fed’s reliance on market signals. They expect rates to stay on hold in coming months but warn that high Oil prices could still trigger a September […] - [Australian Dollar: RBA sees inflation still above target – BNY](https://todaymarkets.com/australian-dollar-rba-sees-inflation-still-above-target-bny/): BNY’s Geoff Yu reports that Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter described Australia’s Consumer Price Index (CPI) as slightly softer than expected, mainly due to fuel prices, but stressed inflation remains above the 2–3% band. She highlighted still-tight labor conditions and resilient employment, while weaker sentiment has yet to hit spending, leaving […] - [Tech Stocks Take a Breather After The Latest Round of Declines](https://todaymarkets.com/tech-stocks-take-a-breather-after-the-latest-round-of-declines/): European indices have opened Thursday’s session firmly in positive territory, continuing yesterday’s rebound despite tensions in the Middle East. Eurostoxx50 futures are up by over 1 per cent, the DAX is up by 0.50 per cent, the FTSE 100 by 0.99 per cent, whilst the Spanish IBEX (SPA35) and the Italian FTSE MIB are up […] - [Apple Preview: Strong iPhone Sales Versus Rising Memory Costs](https://todaymarkets.com/apple-preview-strong-iphone-sales-versus-rising-memory-costs/): Apple will report its fiscal third-quarter 2026 results today after the market closes. The market is approaching the report with high expectations. After a period in which investors questioned whether Apple could accelerate growth again, the company now has a chance to deliver one of its strongest sales quarters in some time. Consensus estimates point […] - [Further escalation and tense situation do not drive oil further](https://todaymarkets.com/further-escalation-and-tense-situation-do-not-drive-oil-further/): The oil market is experiencing extreme volatility as a result of the armed conflict between the US and Iran. Although physical supplies are facing drastic disruptions in the Strait of Hormuz and the Red Sea, global refineries are recording record margins, and the market is actively analyzing every signal that could indicate an impending de-escalation […] - [Wheat Rises By Over 3%](https://todaymarkets.com/wheat-rises-by-over-3/): Wheat prices climbed more than 3% to above $6.80 per bushel, approaching the two-year high of over $7 reached on July 22, as intensifying hostilities between Russia and Ukraine heightened concerns over grain exports from two of the world’s largest wheat producers. The conflict has increasingly disrupted shipping activity in the Black Sea, prompting consultancy […] - [Euro: Fed split supports EUR against US Dollar – Commerzbank](https://todaymarkets.com/euro-fed-split-supports-eur-against-us-dollar-commerzbank/): Commerzbank’s FX Research team, including Charlie Lay and colleagues, notes that the Dollar Index fell and EUR/USD climbed after the Federal Reserve left rates unchanged but revealed a significant internal split. The softer Dollar tone, combined with market pricing for a possible September hike and higher long-end US yields, helped EUR/USD extend gains, reflecting shifting expectations for […] - [US Dollar: Real yields drive correction risk – ING](https://todaymarkets.com/us-dollar-real-yields-drive-correction-risk-ing/): ING’s Chris Turner notes that US real yields and the US Dollar (USD) fell after a confusing FOMC press conference, as markets sensed the Federal Reserve (Fed) may avoid further tightening. He highlights upcoming United States (US) Gross Domestic Product (GDP) and core Personal Consumption Expenditures (PCE) Price Index data as key drivers, warning that downside surprises […] - [Equities: Fed-driven yield spike pressures equities – Deutsche Bank](https://todaymarkets.com/equities-fed-driven-yield-spike-pressures-equities-deutsche-bank/): Deutsche Bank notes that the Federal Reserve’s (Fed) on-hold decision and limited detail from Chair Warsh sparked a sharp steepening in the Treasury curve, pushing the 30-year yield to 5.20% and weighing on equities. The S&P 500 suffered its worst day in seven weeks, while tech weakness dragged the NASDAQ 100 into correction territory. Asian […] - [Chalk and Cheese - Meta and Microsoft earnings round up](https://todaymarkets.com/chalk-and-cheese-meta-and-microsoft-earnings-round-up/): Microsoft and Meta both reported results after the US closing bell, however, the reaction to these results could not have been any different. While Meta’s stock price is falling by 10%, Microsoft is up by 2%. This means that Meta’s share price is down 11% YTD and is underwater to the tune of 18% in […] - [Copper Rises After Fed Keeps Rates Steady](https://todaymarkets.com/copper-rises-after-fed-keeps-rates-steady/): Copper futures climbed to around $6.33 per pound on Thursday, recovering from the previous session’s losses as investors welcomed the Federal Reserve’s decision to leave interest rates unchanged, easing concerns about the demand outlook for industrial metals. However, three FOMC members dissented in favor of a rate hike, while Chair Kevin Warsh stressed that the […] - [XAG/USD remains below $58.00 amid Fed hawkish pause](https://todaymarkets.com/xag-usd-remains-below-58-00-amid-fed-hawkish-pause/): Silver price (XAG/USD) depreciates after registering modest gains in the previous day, trading around $57.90 per troy ounce during the Asian hours on Thursday. However, Silver prices gained following the Federal Reserve’s (Fed) latest monetary policy decision, supported by expectations that other major central banks will follow a similar path. During its July meeting, the Fed opted to […] - [$4,100: Gold fails near a key hurdle as Mideast tensions and Fed hike bets support USD](https://todaymarkets.com/4100-gold-fails-near-a-key-hurdle-as-mideast-tensions-and-fed-hike-bets-support-usd/): Gold (XAU/USD) attracts buyers for the second straight day, though it remains confined within the previous day’s range and trades below the $4,100 mark during the Asian session on Thursday. The US Dollar (USD) gains some positive traction following the previous day’s post-FOMC fall and turns out to be a key factor acting as a […] - [WTI falls below $83.00 despite hostilities in the Middle East](https://todaymarkets.com/wti-falls-below-83-00-despite-hostilities-in-the-middle-east/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.80 during the early Asian trading hours on Thursday. WTI falls amid some profit-taking despite escalating conflicts in the Middle East.  Traders book some profits following the US Federal Reserve (Fed) interest rate decision. The US central bank decided to keep the interest rates unchanged at a range of […] - [Corn Falls from Multi-Week Highs](https://todaymarkets.com/corn-falls-from-multi-week-highs/): Corn futures fell below $4.5 per bushel, easing from a recent nine-week high reached on July 24 as favorable weather forecasts across the US Midwest eased concerns over production risks. Forecasts call for ample rainfall and milder temperatures near the end of the week, improving yield prospects after recent heat concerns. The favorable outlook reinforced […] - [Gold tests $4000 ahead of the Fed decision](https://todaymarkets.com/gold-tests-4000-ahead-of-the-fed-decision/): Today at 20:00 CET, the Fed will make a decision on interest rates. We are facing one of the most intriguing and uncertain Federal Reserve meetings. Markets are pricing in a roughly 36% chance of an interest rate hike at today’s meeting, however, the situation within the Committee and the macroeconomic and political backdrop mean […] - [WTI rebounds sharply on fears of renewed escalation in US-Iran war](https://todaymarkets.com/wti-rebounds-sharply-on-fears-of-renewed-escalation-in-us-iran-war/): West Texas Intermediate (WTI) futures on NYMEX trades 6% higher on the day, slightly above $83.00 during the European trading session on Wednesday. The Oil price bounces back strongly after snapping a three-day losing streak amid fears of a prolonged energy supply squeeze due to Iran’s intentions to bring a toll system into effect at […] - [Singapore Dollar: Range guidance around NEER band – UOB](https://todaymarkets.com/singapore-dollar-range-guidance-around-neer-band-uob/): UOB’s SGD NEER model shows the index at 1.68% above the midpoint of the policy band, after ending the previous session 171 basis points above it. The model is expected to remain between 1.40% and 1.90% above the midpoint today, implying a USD/SGD trading range of 1.2898–1.2963. With the S$NEER near the upper end of […] - [Copper: Speculative longs rise on tight supply – ING](https://todaymarkets.com/copper-speculative-longs-rise-on-tight-supply-ing/): ING’s Warren Patterson and Ewa Manthey highlight that speculative net long positions in LME Copper increased notably in the latest COTR data, supported by tight supply and low inventories. They note broader sentiment has improved, while positioning changes in Aluminium and Zinc were more modest, with only small increases in net long exposure among money […] - [Oil: Middle East tensions revive inflation channel – BNY](https://todaymarkets.com/oil-middle-east-tensions-revive-inflation-channel-bny/): BNY reports that renewed Iranian–U.S. hostilities lifted Brent above 3%, reviving the inflation channel but remaining secondary to Fed and AI valuation drivers. The bank notes the U.S. interception of Iranian missiles and retaliatory strikes, but argues these Oil price moves are unlikely to materially affect today’s Fed decision, keeping focus on policy and risk […] - [Trade of The Day - AUD/NZD](https://todaymarkets.com/trade-of-the-day-aud-nzd/): Facts: The pair is trading below a key resistance at 1.2086 AUDNZD sits below 100-period moving average Recommendation: Trade: Short position on AUDNZD at market price Target: 1.1660 Stop: 1.2145 Opinion: AUDNZD has been trading in an upward trend recently. However looking at the D1 interval, we can see that a potential trend reversal took […] - [US Dollar: Long positioning faces FOMC risk – DBS](https://todaymarkets.com/us-dollar-long-positioning-faces-fomc-risk-dbs/): DBS Bank’s Philip Wee notes that Dollar bulls have built substantial long USD positions ahead of the FOMC, encouraged by Brent’s sharp rebound and expectations of a surprise rate hike by Chairman Kevin Warsh. However, he highlights growing scepticism that markets have overpriced hawkishness, with softer US data and recent pullbacks in Brent and US […] - [Federal Reserve: Poised decision keeps markets on edge – Deutsche Bank](https://todaymarkets.com/federal-reserve-poised-decision-keeps-markets-on-edge-deutsche-bank/): Deutsche Bank’s US economists expect the Federal Reserve to leave rates unchanged at a highly uncertain FOMC meeting, with markets pricing a significant chance of a hike. The report notes renewed Middle East tensions complicate the inflation outlook, while July hike probabilities have swung sharply as Chair Warsh avoids strong guidance, leaving investors focused on today’s policy […] - [Oil: Persian Gulf risks support prices – ING](https://todaymarkets.com/oil-persian-gulf-risks-support-prices-ing/): ING analysts Warren Patterson and Ewa Manthey note Brent rebounded over 4% after recent losses as renewed attacks on US troops and Saudi energy infrastructure undermine prospects for a US–Iran deal. They highlight growing risks of prolonged supply disruptions, tight middle distillate markets, halted traffic through the Strait of Hormuz, and OPEC+ plans to unwind […] - [Euro: Softer Fed signals may lift EUR against US Dollar – Commerzbank](https://todaymarkets.com/euro-softer-fed-signals-may-lift-eur-against-us-dollar-commerzbank-2/): Commerzbank’s Antje Praefcke argues that the FOMC under Chair Kevin Warsh is likely to deliver a “hawkish hold”, with markets already pricing at least one Fed rate hike by year-end. She highlights that recent declines in energy prices and a softer June inflation print reduce the odds of an immediate hike, limiting upside for the US Dollar […] - [Indian Rupee: Hedging demand rises on bond gains – BNY](https://todaymarkets.com/indian-rupee-hedging-demand-rises-on-bond-gains-bny/): BNY’s Geoff Yu highlights that INR faces strong selling pressure from a rebalancing perspective, as Indian bonds have outperformed major peers. With INR flows broadly flat, FX exposure has risen and investors are advised to keep hedging elevated after strong duration gains. Yu sees higher-beta currencies particularly exposed to July’s fixed-income moves. Indian bonds outperformance […] - [Today Markets - FOMC Preview](https://todaymarkets.com/today-markets-fomc-preview/): The Federal Reserve is expected to remain on hold when it announces its decision later on Wednesday. While a hold in rates at 3.5- 3.75% is likely, rising oil prices means that futures markets have priced in a growing chance of a rate hike at this meeting. The CME’s FedWatch tool indicates that there is […] - [Chart of The Day - AUD/USD drops with inflation! The biggest hawk is folding its wings?](https://todaymarkets.com/chart-of-the-day-aud-usd-drops-with-inflation-the-biggest-hawk-is-folding-its-wings/): The Australian dollar is sliding today against all G10 currencies in response to lower-than-expected CPI inflation data in Australia (AUD/USD, AUD/NZD: -0.3%). Both the latest reading for June and the full Q2 report came in below 4%, delivering the Reserve Bank of Australia (RBA) the first fruits of months of aggressive interest rate hikes. Technical […] - [Fed to Keep Rates Steady, but Odds of a Hike Persist](https://todaymarkets.com/fed-to-keep-rates-steady-but-odds-of-a-hike-persist/): The Federal Reserve is widely expected to leave the federal funds rate unchanged at 3.50%–3.75% for a fifth consecutive meeting in July 2026. However, the decision remains a close call, with markets assigning nearly a 30% probability to a rate hike. Policymakers continue to navigate heightened uncertainty driven by renewed tensions between the US and […] - [Oil: Volatile on Iran conflict swings – UOB](https://todaymarkets.com/oil-volatile-on-iran-conflict-swings-uob/): UOB strategists report that Oil prices initially fell sharply as the United States (US) military campaign against Iran remained paused, with WTI dropping to USD 79.26 and Brent to USD 84.10. However, West Texas Intermediate (WTI) later rebounded as much as 5% above USD 83 after fresh fighting and news of a US interception of an Iranian […] - [Japanese Yen: Fed and energy drivers outweigh BoJ – ING](https://todaymarkets.com/japanese-yen-fed-and-energy-drivers-outweigh-boj-ing/): ING’s Chris Turner and Padhraic Garvey expect the Bank of Japan to keep its policy rate at 1.00% on 31 July, with any modestly hawkish shift seen as unlikely to materially boost the Yen or change the USD/JPY trajectory. They argue that energy prices and the Federal Reserve’s reaction function will dominate USD/JPY over coming […] - [Euro: Softer Fed signals may lift EUR against US Dollar - Commerzbank](https://todaymarkets.com/euro-softer-fed-signals-may-lift-eur-against-us-dollar-commerzbank/): Commerzbank’s Antje Praefcke argues that the FOMC under Chair Kevin Warsh is likely to deliver a “hawkish hold”, with markets already pricing at least one Fed rate hike by year-end. She highlights that recent declines in energy prices and a softer June inflation print reduce the odds of an immediate hike, limiting upside for the US Dollar […] - [Corn Holds Near Multi-Week Highs](https://todaymarkets.com/corn-holds-near-multi-week-highs/): Corn futures held above $4.5 per bushel, staying near their highest level since late May as geopolitical disruptions raised concerns over global supplies, while persistent dry weather in parts of the US Midwest threatened yields. The USDA said that 63% of the country’s corn crop was rated good-to-excellent, down from 67% a week earlier and […] - [Gold consolidates near two-week low, holds above $4,000 as traders await FOMC decision](https://todaymarkets.com/gold-consolidates-near-two-week-low-holds-above-4000-as-traders-await-fomc-decision/): Gold (XAU/USD) enters a bearish consolidation phase after touching an over one-week low during the Asian session on Wednesday, though it manages to hold above the $4,000 psychological mark. A softer tone surrounding the US Dollar (USD) offers some support to the precious metal. However, a fresh escalation of tensions between the US and Iran should […] - [XAG/USD gains even as oil prices rebound, Fed policy awaited](https://todaymarkets.com/xag-usd-gains-even-as-oil-prices-rebound-fed-policy-awaited/): Silver price (XAG/USD) trades 1.14% higher to near $57.80 during the Asian trading session on Wednesday. The white metal gains even as oil prices rebound strongly due to renewed conflicts between the United States (US) and Iran. At press time, the WTI Oil price is up 3.65% to near $81.20, snapping a three-day losing streak. […] - [Heating Oil Moves Back Toward 3-Month High](https://todaymarkets.com/heating-oil-moves-back-toward-3-month-high/): US heating oil prices rose to around $4.20 per gallon, moving back toward their three-month high, as the resumption of hostilities between Iran and the US revived fears of energy supply disruptions. Iran launched ballistic missiles at US forces in the Middle East, marking an escalation after a pause in fighting although the US Central […] - [Gasoline Rises on Renewed US-Iran Hostilities](https://todaymarkets.com/gasoline-rises-on-renewed-us-iran-hostilities/): US gasoline prices rose to around $3.37 per gallon, moving back toward a two-month high, as renewed tensions between Iran and the US revived concerns over energy supply disruptions. Iran fired ballistic missiles at US positions in the Middle East, escalating the conflict after a temporary lull, though the US Central Command reported that all […] - [XRP Price - Will Ripple fall to $1 again? Analysis and forecasts](https://todaymarkets.com/xrp-price-will-ripple-fall-to-1-again-analysis-and-forecasts/): Ripple is under pressure ahead of the Fed decision. Check whether the XRP price could fall to parity, and see the latest on-chain data and technical analysis. XRP Price: Will Ripple fall back to parity? What does the Fed decision mean for the crypto market? The crypto market is under downward pressure ahead of a […] - [France Challenges Palantir, Market Reacts.](https://todaymarkets.com/france-challenges-palantir-market-reacts/): France has decided that Palantir’s solutions, used among others by the French domestic intelligence service DGSI, will be replaced in the future with domestic solutions. PLTR.US chart (D1) This is not the only factor, but it is the main driver behind the decline in Palantir, which is down about 8% in Tuesday’s session. The stock […] - [Australian Dollar: RBA keeps hike option alive – BNY](https://todaymarkets.com/australian-dollar-rba-keeps-hike-option-alive-bny/): BNY’s Geoff Yu highlights that Reserve Bank of Australia (RBA) Governor Michele Bullock signaled a possible rate hike at the August 10–11 meeting, stressing inflation is still too high and productivity weak. She noted domestic demand and the labor market have softened, but the RBA stands ready to tighten further if needed, with AUD/USD slightly weaker and […] - [The coffee market in the grip of weather and empty warehouses: The paradox of record Brazil harvests](https://todaymarkets.com/the-coffee-market-in-the-grip-of-weather-and-empty-warehouses-the-paradox-of-record-brazil-harvests/): Although coffee has lost value since the beginning of this year, looking at the last months or days, we observe a very strong growth dynamic. In recent days, the demand force has been gaining strength and coffee prices are marking the strongest increases in a long time. Arabica futures rose by almost 10% in just […] - [Trade of The Day - USD/NOK](https://todaymarkets.com/trade-of-the-day-usd-nok/): Facts Recommendation Source: xStation5 Opinion After breaking out to a 5-month high in late June, USDNOK entered a local downtrend driven by the resurgence of military actions in the Persian Gulf and rising oil prices. The ~4% correction ended on Monday, and the exchange rate is currently attempting to break out of this downtrend, aided […] - [Federal Reserve: Knife-edge policy risks surprise – ING](https://todaymarkets.com/federal-reserve-knife-edge-policy-risks-surprise-ing/): ING’s Padhraic Garvey expects the Federal Reserve (Fed) to leave rates unchanged at the upcoming Federal Open Market Committee (FOMC) meeting, with odds seen around 60:40 for no move. He argues that calmer June inflation, reduced geopolitical tensions with Iran and vulnerabilities in the US economy outside tech support a hold. However, he notes a non-negligible risk of a […] - [Euro: Pressured by softer ECB expectations – Scotiabank](https://todaymarkets.com/euro-pressured-by-softer-ecb-expectations-scotiabank/): Scotiabank strategists Shaun Osborne and Eric Theoret highlight a softer Euro (EUR), with EUR/USD drifting toward the mid-1.13s and levels last seen in May 2025. The broader US Dollar (USD) tone dominates, while yield spreads show weakening support as markets fade post-September European Central Bank (ECB) hikes. Technicals are bearish, with limited support before the low-1.13s and […] - [Swiss Franc: Weak performance tied to carry and Gold – TD Securities](https://todaymarkets.com/swiss-franc-weak-performance-tied-to-carry-and-gold-td-securities/): TD Securities strategists argue that the Swiss Franc’s (CHF) underperformance since the February 2026 Iran shock reflects both low-yield carry dynamics and sensitivity to Gold prices. With the Swiss National Bank (SNB) expected to keep policy on hold and sight deposits muted, they see global rate paths and commodities as key drivers for Swiss Franc […] - [Australian Dollar: RBA pause risk weighs on Aussie – BBH](https://todaymarkets.com/australian-dollar-rba-pause-risk-weighs-on-aussie-bbh/): Brown Brothers Harriman’s (BBH) Elias Haddad reports that Australian Dollar (AUD) is underperforming after Reserve Bank of Australia (RBA) Governor Michele Bullock balanced a hawkish bias with a message of patience, noting easing domestic demand and labour conditions. RBA cash rate futures cut August hike odds from about 30% to 20%, with AUD/USD edging towards key support […] - [Canadian Dollar: Limited upside for CAD against US Dollar – Scotiabank](https://todaymarkets.com/canadian-dollar-limited-upside-for-cad-against-us-dollar-scotiabank/): Scotiabank strategists Shaun Osborne and Eric Theoret note USD/CAD is trading near fair value around 1.4115, with the Canadian Dollar (CAD) constrained by wide short-term rate differentials versus the Dollar. Softer Oil is a mild drag, and while a Fed hold could allow some CAD gains, they do not expect meaningful improvement until rate spreads narrow later in 2026. […] - [British Pound: Political risks and BoE stance shape outlook – Rabobank](https://todaymarkets.com/british-pound-political-risks-and-boe-stance-shape-outlook-rabobank/): Rabobank’s Senior FX Strategist Jane Foley discusses British Pound (GBP) prospects around UK welfare reform, shifting voter polls and the upcoming Bank of England (BoE) decision. Foley highlights how PM Burnham’s fiscal choices and intra-Labour tensions could affect gilts and the Pound. With soft UK inflation but higher Oil prices, Foley expects steady BoE policy and sees EUR/GBP biased […] - [$4,000 - Gold’s key support faces a crucial Fed test](https://todaymarkets.com/4000-golds-key-support-faces-a-crucial-fed-test/): Gold (XAU/USD) trades on the back foot on Tuesday, pressured by a firmer US Dollar (USD), even as Oil prices extend their pullback on hopes of an end to the US-Iran war. At the time of writing, XAU/USD trades around $4,027, down 1.20% on the day, after failing to sustain gains above $4,100 on Monday. US […] - [ASML sell-out: Dreams and rumors will not break the monopoly](https://todaymarkets.com/asml-sell-out-dreams-and-rumors-will-not-break-the-monopoly/): Shares of ASML, the largest and, according to many, the most important company in Europe, fell as much as 8% during Monday’s session. The situation was so dramatic that the Amsterdam exchange had to halt trading in the instrument. The downward catalyst was the news that China is supposedly about to begin mass production of […] - [Swiss Franc: SNB on hold view boosts funding role – ING](https://todaymarkets.com/swiss-franc-snb-on-hold-view-boosts-funding-role-ing/): ING’s Chris Turner highlights a Bloomberg source story suggesting the Swiss National Bank (SNB) may keep its policy rate at 0.00% until end-2027, aligning with ING’s own forecast. He argues this entrenches Swiss Franc (CHF) underperformance in rising global rate environments and supports using USD/CHF to express hawkish Fed views, with potential for the pair to reach […] - [Polish Zloty: Political fragmentation clouds zloty outlook – Commerzbank](https://todaymarkets.com/polish-zloty-political-fragmentation-clouds-zloty-outlook-commerzbank/): Commerzbank’s Tatha Ghose highlights that Poland’s Law and Justice party has split, with Mateusz Morawiecki forming Development Plus and polling above the Sejm threshold. While this could, in theory, reduce the risk of a dominant PiS government and lower the zloty’s political risk premium, competing scenarios of a fragmented, harder-to-manage right leave the overall Polish […] - [Federal Reserve: Close July call keeps Dollar traders data-focused – BNY](https://todaymarkets.com/federal-reserve-close-july-call-keeps-dollar-traders-data-focused-bny/): BNY strategists John Velis and David Tam expect the Federal Reserve (Fed) to keep the federal funds rate unchanged at the upcoming July Federal Open Market Committee (FOMC) meeting, while stressing it is a close call. They highlight market pricing for at least one hike by September and see future moves driven by incoming US […] - [Singapore Dollar: MAS surprise tightening supports SGD – HSBC](https://todaymarkets.com/singapore-dollar-mas-surprise-tightening-supports-sgd-hsbc/): HSBC’s Abhilash Narayan notes that the Monetary Authority of Singapore (MAS) unexpectedly tightened policy on 27 July 2026 by raising the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) slope to 1.25%. Supported by strong Gross Domestic Product (GDP) prospects, Narayan now forecasts 4.6% growth for 2026. He expects another MAS tightening in October and […] - [US Dollar: Fed hike odds and asymmetric risks – DBS](https://todaymarkets.com/us-dollar-fed-hike-odds-and-asymmetric-risks-dbs/): DBS Group Research’s Philip Wee notes that the Dollar is trading on diverging themes versus Developed Market and Asia-ex Japan currencies, with Fed expectations central. Futures are pricing a 38% chance of a surprise rate hike at Fed Chairman Kevin Warsh’s second FOMC meeting. Wee highlights that USD bulls could be disappointed if the Fed stays on […] - [CEE FX: Normalising rates leave room for gains – ING](https://todaymarkets.com/cee-fx-normalising-rates-leave-room-for-gains-ing/): ING’s Frantisek Taborsky notes Central and Eastern European (CEE) rate curves have repriced sharply, with more tightening now expected in Czech Republic and Poland and further easing in Hungary. He still sees mispricing versus Taborsky forecasts and expects selected CEE currencies, notably the Polish Zloty (PLN) and Hungarian Forint (HUF), to strengthen, targeting EUR/PLN below […] - [Commodity Talk - Oil, Natgas, Gold, Cocoa](https://todaymarkets.com/commodity-talk-oil-natgas-gold-cocoa/): Market Situation Bearish sentiment dominates the commodity market today, reflected by a negative average daily change of -0.41% with only six assets rising. The energy sector is seeing the sharpest decline—Brent crude is down 2.24% today (over 8.4% weekly), and WTI has fallen by 1.96%, driven by increasing hopes for a US-Iran diplomatic agreement. On […] - [Chart of The Day - Who suffers from the oil price drop?](https://todaymarkets.com/chart-of-the-day-who-suffers-from-the-oil-price-drop/): The decline in oil and gas prices, resulting from the cessation of attacks between the USA and Iran, has brought the Norwegian krone almost to the bottom of the currency rankings for this week (lower is only the Bolivian bolivar, whose quotes we do not regularly analyse). Halt of attacks Bombardments have ceased, partly due […] - [Iron Ore Falls on Signs of Ample Supply](https://todaymarkets.com/iron-ore-falls-on-signs-of-ample-supply/): Iron ore futures dropped toward CNY 740 per ton, hovering near three-week lows as evidence of abundant global supply continued to pressure prices. Imported iron ore inventories at Chinese ports remained high, while stockpiles at Chinese steel mills climbed 8% last week. Data also showed that Western Australia’s Pilbara Ports, the world’s largest iron ore […] - [The US100 confirms yesterday's bearish scenarino. What's next ?](https://todaymarkets.com/the-us100-confirms-yesterdays-bearish-scenarino-whats-next/): The US100 is confirming the bearish scenario that emerged the previous day – the index has broken down from its consolidation range, breaching the support at the 100-day EMA and falling below the 28,000-point level, which technically paves the way for a potentially deeper correction. Source: xStation Monday’s trading session and the chip sell-off Monday’s […] - [Economic Calendar: PayPal, Visa and Coca-Cola to overshadow macro data](https://todaymarkets.com/economic-calendar-paypal-visa-and-coca-cola-to-overshadow-macro-data/): The start of the week was dominated by news from the Middle East. However, focus is now likely to shift towards corporate earnings and central bank meetings. Today remains somewhat quieter. 🌏 Key macroeconomic publications Monday Germany United States Tuesday Australia 📆 Macroeconomic calendar Tuesday Thursday 🗂️ Earnings releases 3 markets to watch - [Corn Rises from One-Month Low](https://todaymarkets.com/corn-rises-from-one-month-low/): Corn futures rose to around $4.4 per bushel, attempting to rebound from a four-week low as higher crude oil prices boosted demand for biofuel feedstocks. Reports of renewed attacks in the Strait of Hormuz and the lack of clarity over a deal to reopen the critical waterway drove oil prices higher. Agricultural commodity prices often […] - [Gold trades above $4,250; upside seems capped as Fed hike bets support USD ahead of US NFP](https://todaymarkets.com/gold-trades-above-4250-upside-seems-capped-as-fed-hike-bets-support-usd-ahead-of-us-nfp/): Gold (XAU/USD) attracts some dip-buyers during the Asian session on Friday, stalling the previous day’s retracement slide from levels just above the $4,300 mark, or the highest since June 18. The commodity currently trades just above $4,250 and seems poised to register its best week since January. The upside, however, seems limited amid mixed signals over US-Iran […] - [Cattle Fall as Beef Slips Back](https://todaymarkets.com/cattle-fall-as-beef-slips-back/): Live cattle futures reverted lower on Thursday, as contracts were down $2.95 to $4.55 across the board. Cash trade picked up on Thursday, with most trade at $235 live and $370 dressed (North) across the country. The Thursday Fed Cattle Exchange online auction showed no sales on the 734 head offered, with bids at $233-234 […] - [Cocoa Prices Slide as Global Supply Concerns Ease](https://todaymarkets.com/cocoa-prices-slide-as-global-supply-concerns-ease/): September ICE NY cocoa (CCU26) closed down -106 (-1.80%) on Thursday, and September ICE London cocoa #7 (CAU26) closed down -100 (-2.30%). Cocoa prices fell sharply for a second day on Thursday amid signs of larger cocoa supplies from Ghana. Ghana’s cocoa board reported on Wednesday that 750,000 MT of cocoa has been harvested for the […] - [Sugar Prices Surge on Smaller Brazil Sugar Production](https://todaymarkets.com/sugar-prices-surge-on-smaller-brazil-sugar-production/): October NY world sugar #11 (SBV26) closed up +0.42 (+2.77%) on Thursday, and October London ICE white sugar #5 (SWV26) closed up +10.00 (+2.10%). Sugar prices rallied sharply on Thursday, with NY sugar posting a 4.25-month nearest-futures high and London sugar posting a 1-month high.  Lower sugar output in Brazil pushed prices sharply higher on […] - [Copper Scales Record Levels on Supply Worries](https://todaymarkets.com/copper-scales-record-levels-on-supply-worries/): Copper futures climbed above $6.7 per pound on Friday, reaching fresh record highs as mounting global supply risks continued to support the market. The Democratic Republic of Congo has banned exports of copper concentrates, highlighting a growing trend among resource-rich nations to retain more value by expanding domestic refining and processing capacity. Concerns over potential […] - [Heating Oil Rebounds](https://todaymarkets.com/heating-oil-rebounds/): US heating oil futures rose above $3.90 per gallon on Friday, rebounding from an over three-week low, as renewed tensions in the Strait of Hormuz cast fresh doubt on efforts to fully reopen the vital shipping route. Iranian state media also reported that parliament is reviewing a proposal to bar ships linked to the US, […] - [Gasoline Extends Gains](https://todaymarkets.com/gasoline-extends-gains/): US gasoline futures rose above $2.90 per gallon on Friday, extending their rebound from a nearly five-week low as renewed tensions in the Strait of Hormuz cast fresh doubt on efforts to fully reopen the vital shipping route. Iranian state media also reported that lawmakers are considering suspending transit rights under the Oman-brokered shipping agreement […] - [Stock of The Week](https://todaymarkets.com/43775-2/): The larger data centers become, the less important a single processor becomes, while the network connecting thousands of computing units into one efficient system gains increasing importance. Without this infrastructure, even the most powerful hardware cannot reach its full potential. This is the foundation on which Arista Networks has built its position for nearly two […] - [Wheat extends correction, falls to its lowest level since July 10 Drought, El Niño and the Black Sea in focus](https://todaymarkets.com/wheat-extends-correction-falls-to-its-lowest-level-since-july-10-drought-el-nino-and-the-black-sea-in-focus/): Wheat futures are correcting part of their recent surge on the Chicago Board of Trade, although prices remain clearly above the levels seen at the start of the year. After almost four years of persistent declines, wheat prices have begun to recover, as investors increasingly recognise that the market’s fundamental backdrop is deteriorating. This time, […] - [Arabica Coffee Futures Settle Below $3.1](https://todaymarkets.com/arabica-coffee-futures-settle-below-3-1/): Arabica coffee futures have fluctuated in recent weeks, before consolidating below $3.10 per pound to their lowest level in a month. Still, the market continued to be supported by tight supplies, uncertainty over the quality of Brazil’s harvest, coffee growers’ reluctance to sell, and weather-related risks associated with El Niño. Although a record Brazilian harvest […] - [Euro: Recovery stalls near 1.1550 resistance against US Dollar – Scotiabank](https://todaymarkets.com/euro-recovery-stalls-near-1-1550-resistance-against-us-dollar-scotiabank/): Scotiabank highlights that the Euro is slightly softer versus the Dollar after touching levels last seen in mid-June, with fundamentals still supportive as yield spreads turn. Spot has nearly converged with their fair value based on the 2-year Germany–US spread. Further EUR/USD gains likely need a shift in relative central bank expectations or improved sentiment, with near-term […] - [Indian Rupee: Foreign inflows to aid INR against US Dollar – ING](https://todaymarkets.com/indian-rupee-foreign-inflows-to-aid-inr-against-us-dollar-ing/): ING economists Deepali Bhargava and Lynn Song note that the Indian Rupee (INR) has given back much of its June gains as US–Iran tensions and rising Oil prices hurt sentiment. However, they remain constructive on INR, citing FCNR deposit measures and expected inflows above USD 50 billion by September. Potential global bond index inclusion and […] - [United Kingdom: Confidence may unlock household spending – Rabobank](https://todaymarkets.com/united-kingdom-confidence-may-unlock-household-spending-rabobank/): Rabobank’s Stefan Koopman analyses United Kingdom demand prospects under Prime Minister Burnham’s shift from “securonomics” to “vibonomics”. The report argues that elevated household saving and weak confidence leave scope for a temporary consumption boost if sentiment improves. However, it stresses that lasting growth in the UK will depend on structural reforms to productivity, investment, housing, […] - [Canadian Dollar: Gains hinge on 1.3970 against US Dollar – Scotiabank](https://todaymarkets.com/canadian-dollar-gains-hinge-on-1-3970-against-us-dollar-scotiabank/): Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is effectively flat versus the US Dollar (USD) but modestly outperforming other majors, trading close to their fair value estimate around 1.40. With CAD-specific news limited, USD/CAD remains driven by external factors and stabilized US/Canada spreads. Technicals stay USD-bearish, with downside focus on a break below 1.3970/80 […] - [Copper: Tight supply keeps prices elevated – ING](https://todaymarkets.com/copper-tight-supply-keeps-prices-elevated-ing/): ING analysts Warren Patterson and Ewa Manthey report Copper prices trading above $14,000/t on the LME and near record levels on Comex, driven by metal diversion into the US ahead of potential tariff decisions. Tight physical markets, low inventories outside the US and ongoing supply-side challenges are seen as supporting prices and possibly increasing volatility […] - [Natural gas tumbles as US EIA inventories rise](https://todaymarkets.com/natural-gas-tumbles-as-us-eia-inventories-rise/): U.S. natural gas inventories, according to the EIA, increased by 33 billion cubic feet (bcf), compared with market expectations of 30 bcf and the previous reading of 28 bcf. NATGAS chart (D1 timeframe) Source: xStation5 - [Oil climbs back above $80 per barrel](https://todaymarkets.com/oil-climbs-back-above-80-per-barrel/): Oil recovers on Iran-Oman talks and Ukrainian attacks on Russian refineries Oil prices are moving higher during Thursday’s session as investors once again focus on geopolitical risks affecting global crude supply. Market attention is centered on negotiations between Iran and Oman over the future of shipping through the Strait of Hormuz, alongside reports of new […] - [Bitcoin Near $64000 as ETF Inflows Return](https://todaymarkets.com/bitcoin-near-64000-as-etf-inflows-return/): Key takeaways Bitcoin hovers near $64500 amid range-bound trading, as renewed US spot Bitcoin ETF inflows offset corporate sales and recent wallet security concerns. Bitcoin is trading close to $64500 on 6 August, compared with roughly $63000 on 1 August, while remaining inside a relatively narrow short-term range. The market has absorbed renewed US spot […] - [Chart of the day: DE40 hold near ATH! Siemens and Deutsche Telekom shine with earnings!](https://todaymarkets.com/chart-of-the-day-de40-hold-near-ath-siemens-and-deutsche-telekom-shine-with-earnings/): German DAX futures (DE40) remain near all-time highs despite a correction in Asia, with marginal drops appearing more technical in nature. Disappointing results from memory makers (SanDisk, Western Digital) brought pressure back to AI-related companies, but the European session continues to be supported by solid earnings reports from traditional domestic businesses. Technical Analysis: DE40 (D1) […] - [Australian Dollar: RBA uneasy pause – Standard Chartered](https://todaymarkets.com/australian-dollar-rba-uneasy-pause-standard-chartered/): Standard Chartered’s Nicholas Chia expects the Reserve Bank of Australia (RBA) to keep the cash rate at 4.35% at its 11 August meeting, with no further hikes this year. Q2 core inflation and short-term expectations have eased, while the labour market has softened. However, the bank warns that another rate hike in Q4 remains a […] - [US Dollar: Wait-and-see mood before payrolls – ING](https://todaymarkets.com/us-dollar-wait-and-see-mood-before-payrolls-ing/): ING’s FX Strategist Francesco Pesole notes improved Gulf-related risk sentiment has weighed slightly on the Dollar, but stable Federal Reserve rate expectations remain supportive. With US payrolls due tomorrow, he argues that caution in markets and limited changes in Fed pricing should keep the Dollar in a broad range, even as data and Fed communication outweigh moves […] - [Indian Rupee: Gradual strengthening path outlined – MUFG](https://todaymarkets.com/indian-rupee-gradual-strengthening-path-outlined-mufg/): MUFG’s Michael Wan expects USD/INR to grind lower over the next 3–6 months towards 94.00, before rebounding to 96.00 in the next calendar year. The bank links this trajectory to stronger Dollar inflows from RBI’s FX measures, tempered by IPO-related FDI outflows and limited scope for sharp Indian Rupee strength. Rupee path shaped by flows “From an […] - [Euro: Oil-price sensitivity and war-end effects – Commerzbank](https://todaymarkets.com/euro-oil-price-sensitivity-and-war-end-effects-commerzbank/): Commerzbank’s Michael Pfister argues that lower Oil prices can initially restrain the Euro (EUR) by reducing European Central Bank (ECB) rate expectations. Over time, however, a lasting end to the Iran conflict could support the currency through stronger Purchasing Managers’ Index (PMI) and improved real economic activity. Oil, rates and Euro reaction “Over the past […] - [British Pound: Gains capped below 1.3555 against US Dollar - UOB](https://todaymarkets.com/british-pound-gains-capped-below-1-3555-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report GBP/USD edged higher to 1.3469 after briefly touching 1.3486, with short-term momentum only slightly firmer. The pair is expected to trade in a higher 1.3445–1.3495 range rather than embark on a strong rally. Over 1–3 weeks, there is still limited scope for a move toward […] - [Gold: Breakout extends as yields ease – OCBC](https://todaymarkets.com/gold-breakout-extends-as-yields-ease-ocbc/): OCBC’s Christopher Wong and Sim Moh Siong highlight a sharp rebound in Gold as easing Middle East tensions weighed on Oil and US Treasury yields, softening the US Dollar. Technical buying and short covering accelerated once resistance broke, while central bank demand from the Bank of Korea added support. Near-term momentum is mildly bullish, with key resistance […] - [Iron Ore Rebounds on Fresh Supply Concerns](https://todaymarkets.com/iron-ore-rebounds-on-fresh-supply-concerns/): Iron ore futures climbed to around CNY 715 per ton, recovering from 15-month lows as renewed concerns over potential supply disruptions resurfaced. A two-day strike is scheduled at BHP’s Port Hedland operations in Western Australia this weekend, despite progress in negotiations between the mining company and labor unions. The industrial action is expected to delay […] - [Nickel Falls Near 1-Month Low](https://todaymarkets.com/nickel-falls-near-1-month-low/): Nickel traded around $16,700 per tonne in August, retreating to its lowest level since mid-July as expectations of improved Indonesian supply weighed on prices. The decline followed reports that Indonesia may further relax supplementary RKAB nickel ore quotas, with a major miner expected to receive additional allocations that would significantly increase its 2026 RKAB quota […] - [U.K. indices scale new heights](https://todaymarkets.com/u-k-indices-scale-new-heights/): It may seem like a quiet start to the day, but in reality, there is a huge amount going on underneath the surface. The oil price is hovering just below $80 per barrel, after Iran said that it had reached an agreement with Oman about the route for shipping lanes in the Strait of Hormuz, […] - [Gasoline Hovers Near 4-Week Low](https://todaymarkets.com/gasoline-hovers-near-4-week-low/): US gasoline futures fell to $2.82 per gallon, hovering near a four-week low as traders priced in improving supply prospects. Iran announced an agreement with Oman on a shipping route through the Strait of Hormuz, raising expectations of more energy flows through the key waterway. Iranian officials said a joint statement was being finalized, with […] - [Heating Oil Trades Near 3-Week Low](https://todaymarkets.com/heating-oil-trades-near-3-week-low/): US heating oil futures fell below $3.80 per gallon, trading near a three-week low, as traders priced in improved supply prospects. Iran announced an agreement with Oman on a shipping route through the Strait of Hormuz, boosting expectations that more energy exports could flow through the strategic waterway. Iranian officials said a joint statement was […] - [SpaceX Earnings Review](https://todaymarkets.com/spacex-earnings-review/): SpaceX share price set to nose dive, even as results exceed expectations SpaceX’s results were released on Tuesday evening after another blistering rally that saw the S&P 500 reach a record high. Risk was back on, chip stocks soared and SpaceX’s share price jumped 9%. But, while S&P 500 futures are pointing to further gains […] - [Gold surges 2%, breaks above a one-month high. Weaker dollar and oil fuel precious metals](https://todaymarkets.com/gold-surges-2-breaks-above-a-one-month-high-weaker-dollar-and-oil-fuel-precious-metals/): Gold prices have staged a strong rebound, climbing to their highest level since early July as a weaker U.S. dollar and declining Treasury yields boosted demand for the precious metal. Investors are increasingly focused on the Federal Reserve’s policy outlook while also monitoring geopolitical developments in the Middle East, which continue to shape inflation expectations […] - [Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets](https://todaymarkets.com/gold-rallies-to-two-week-high-as-usd-softens-on-iran-deal-hopes-receding-fed-hike-bets/): Gold (XAU/USD) attracts buyers for the second consecutive day and surges past the $4,100 mark to hit a nearly two-week high during the Asian session on Wednesday. The latest optimism over a potential US-Iran deal and the reopening of the Strait of Hormuz, along with receding US Federal Reserve (Fed) rate-hike bets, prompts some follow-through US Dollar (USD) […] - [SpaceX Shares Drop 6% After Earnings. Is Space No Longer Enough for Wall Street?](https://todaymarkets.com/spacex-shares-drop-6-after-earnings-is-space-no-longer-enough-for-wall-street/): Key takeaways SpaceX reported strong Q2 2026 results, beating Wall Street expectations on both revenue and operating profitability. The AI segment remained the company’s primary growth engine, with revenue nearly tripling year-over-year, while Starlink continued to rapidly expand its subscriber base. SpaceX is becoming increasingly successful at diversifying its revenue streams, narrowing losses in its […] - [Coal Slips as India Production Rises](https://todaymarkets.com/coal-slips-as-india-production-rises/): Thermal coal futures fell to around $130 per ton in early August, pulling back from more than one-month highs as India’s coal production increased 7.51% year-on-year to 69.75 million tons in July, strengthening domestic supply and reducing the country’s reliance on imported coal. India also delivered larger coal volumes to power plants and other downstream […] - [Technical Selling Weighs on Cocoa Prices](https://todaymarkets.com/technical-selling-weighs-on-cocoa-prices/): September ICE NY cocoa (CCU26) on Tuesday closed down -15 (-0.25%), and September ICE London cocoa #7 (CAU26) closed down -41 (-0.93%). Cocoa prices fell from 2.5-week highs on Tuesday and settled lower on technical selling.  Cocoa prices have surged more than 15% over the past three trading sessions, lifting prices into heavily overbought territory […] - [Coffee Prices Rise as Brazil Rain Forecasts May Delay Harvest](https://todaymarkets.com/coffee-prices-rise-as-brazil-rain-forecasts-may-delay-harvest/): September arabica coffee (KCU26) closed up +4.60 (+1.44%) on Tuesday, and September ICE robusta coffee (RMU26) closed up +68 (+1.80%). Coffee prices settled higher on Tuesday as short covering emerged after an unexpected chance of rain was forecast for Minas Gerais, Brazil’s largest coffee-growing region, which could further delay the country’s coffee harvest.  Coffee prices […] - [Tighter Supply Outlook Lifts Sugar Prices](https://todaymarkets.com/tighter-supply-outlook-lifts-sugar-prices/): October NY world sugar #11 (SBV26) on Tuesday closed up +0.03 (+0.20%), and October London ICE white sugar #5 (SWV26) closed up +3.20 (+0.69%). Sugar prices extended their 3-session rally on Tuesday, with NY sugar posting a 3.5-week high and London sugar posting a 4-week high.  The outlook for tighter future sugar supplies is propelling […] - [Why Have Cocoa Prices Recovered?](https://todaymarkets.com/why-have-cocoa-prices-recovered/): While the wild price swings in 2024 and 2025 are in the cocoa futures markets’ rearview mirror, the potential for weather-related volatility remains high. Moreover, with approximately 60% of the world’s cocoa production coming from the Ivory Coast and Ghana, weather conditions in West Africa will be the critical factor guiding prices over the coming […] - [Copper Climbs Toward Fresh Record High](https://todaymarkets.com/copper-climbs-toward-fresh-record-high/): Copper futures rose above $6.6 per pound, moving closer to fresh record highs as tightening global supply supported prices. Traders continued to ramp up shipments to the US while drawing down inventories elsewhere ahead of an expected decision by the Trump administration on copper import tariffs. Industry data showed that more than 200,000 tons of […] - [Soybeans Extend Decline Near 5-Week Low](https://todaymarkets.com/soybeans-extend-decline-near-5-week-low/): Soybean futures fell further to around $11.5 per bushel, approaching a five-week low as weaker crude oil prices weighed on the vegetable oil market. Oil prices sharply declined following reports of a potential US-Iran deal that could reopen the Strait of Hormuz. Agricultural commodity prices often tracked energy markets due to the growing use of […] - [Corn Slips as Oil Prices Slump](https://todaymarkets.com/corn-slips-as-oil-prices-slump/): Corn futures fell to around $4.4 per bushel, easing from multi-week highs as weaker crude oil prices weighed on sentiment across agricultural markets. Oil prices plunged amid rising optimism over a potential US-Iran deal that could reopen the Strait of Hormuz, reducing support for biofuel-linked crops. Agricultural commodity prices are often influenced by energy markets […] - [Nasdaq 100 Up 3.2% – Is the Bull Market Back?](https://todaymarkets.com/nasdaq-100-up-3-2-is-the-bull-market-back/): The Nasdaq 100 is rising by over 3% today, recording one of the strongest gains this year. This is supported by both lower oil prices, following statements from Scott Bessent, and excellent results from companies – including Palantir, whose shares are up by nearly 30% today. Equities Aside from Palantir, the top performers are from […] - [US Dollar Index: Rally questioned as safe-haven role tested – Rabobank](https://todaymarkets.com/us-dollar-index-rally-questioned-as-safe-haven-role-tested-rabobank/): Rabobank’s Senior FX Strategist Jane Foley notes the US Dollar (USD) has been the weakest G10 currency over the past week, with US Dollar Index (DXY) down about 2% from late July. The report reviews how the Middle East and Iran conflicts, Trump’s tariffs and rate-cut rhetoric, and Fed expectations have shaped USD sentiment. It […] - [Asia FX: Yen-led winners and export backdrop – MUFG](https://todaymarkets.com/asia-fx-yen-led-winners-and-export-backdrop-mufg/): Michael Wan at MUFG explains that South Korean Won (KRW), Thai Baht (THB), Singapore Dollar (SGD) and, to a smaller extent, Philippine Peso (PHP) are the main Asian FX beneficiaries if Japanese Yen strength persists, given their higher sensitivity to USD/JPY. He notes that correlation and conditional beta to Yen moves have fallen for Chinese […] - [Euro: Consolidation below resistance against US Dollar – Scotiabank](https://todaymarkets.com/euro-consolidation-below-resistance-against-us-dollar-scotiabank/): Scotiabank’s analysts observe that the Euro is consolidating around the 1.15 area against the Dollar, with limited Eurozone data to drive price action. They point to last week’s sharp move higher stalling at a broader bear-trend line and stress that a break above 1.1565 is needed to extend gains, while support is seen in the 1.1460/1.1480 region. Euro holds […] - [Gasoline Falls to Over 5-Week Low](https://todaymarkets.com/gasoline-falls-to-over-5-week-low/): Gasoline in the US fell below $2.90 per gallon, the lowest level since June 26, as easing geopolitical tensions weighed on energy prices. US Treasury Secretary Scott Bessent said that there is a chance of a deal today or tomorrow to open the strait, while Qatar announced that a draft proposal to revive US-Iran negotiations […] - [SpaceX earnings preview](https://todaymarkets.com/spacex-earnings-preview/): Double whammy for SpaceX SpaceX will report its first earnings report since its June IPO later this evening, at approx. 2130 BST. This report comes at an important time, the share price crashed and burned in recent weeks, it is down 50% from its peak and is trading below its IPO price. Unsurprisingly, investors are […] - [Commodity Wrap - Oil, Natgas, Cocoa, Wheat](https://todaymarkets.com/commodity-wrap-oil-natgas-cocoa-wheat/): Market Situation In the energy commodities market, we are seeing a strong sell-off today, led by WTI crude (-4.35%) and Brent (-3.65%), which have already lost 9.58% and 8.65% respectively on a weekly basis. This sharp sell-off is a direct reaction to media reports of advanced talks and the possible imminent opening of the strategic […] - [Platinum gains 6% as precious metals rebound, US Dollar weakens](https://todaymarkets.com/platinum-gains-6-as-precious-metals-rebound-us-dollar-weakens/): Platinum is gaining more than 6% today, extending its rebound shortly after gold bounced from around $4,100 per ounce and US dollar weakened pressured by falling oil prices. One factor supporting sentiment is the recent production halt at one of the world’s largest platinum mines. On July 24, Impala Platinum (Implats) suspended mining operations at […] - [Trade of The Day - AUD/JPY](https://todaymarkets.com/trade-of-the-day-aud-jpy/): Facts Recommendation Source: xStation5 Opinion Recent currency interventions on the yen and a unified narrative from Japanese and US authorities standing behind the Japanese currency (US Treasury Secretary Bessent today: “The United States will do everything in its power to support the yen”) led to a sharp sell-off in JPY-led pairs (AUDJPY: -3.5%, USDJPY: -3.9%, […] - [Japanese Yen: Gains against US Dollar to remain limited – TD Securities](https://todaymarkets.com/japanese-yen-gains-against-us-dollar-to-remain-limited-td-securities/): TD Securities strategists argue that recent Japanese Ministry of Finance (MoF) interventions and talk of joint United States (US)/Japan action have not changed the broader USD/JPY regime. They see momentum allowing a brief dip toward 153.00, but expect the pair to hold above that level and maintain a year-end forecast of 159.00. Intervention seen as […] - [South African Rand: Rate hold seen hurting currency – Commerzbank](https://todaymarkets.com/south-african-rand-rate-hold-seen-hurting-currency-commerzbank/): Commerzbank’s Volkmar Baur writes that despite South Africa’s reasonable recent performance under pressure from the Iran conflict, the central bank’s July decision to leave its key rate unchanged was surprising. With reform momentum slowing and the policy anchor weakened, he expects the South African Rand to suffer from this stance for an extended period. Policy […] - [US Dollar: NFP and inflation mix complicate Fed path – BNY](https://todaymarkets.com/us-dollar-nfp-and-inflation-mix-complicate-fed-path-bny/): BNY strategists John Velis and David Tam highlight the July Nonfarm Payrolls (NFP) report and upcoming Consumer Price Index (CPI) releases as key inputs for the Fed. They see consensus around 80,000 jobs, with a breakeven near 50,000 to keep unemployment steady. A weaker print could lower 2-year yields and rate-hike expectations. They stress sticky […] - [New Zealand Dollar: Jobs data and RBNZ hiking path – ING](https://todaymarkets.com/new-zealand-dollar-jobs-data-and-rbnz-hiking-path-ing/): ING’s Francesco Pesole expects New Zealand’s Q2 labour data to broadly match the Reserve Bank of New Zealand’s May projections, which implied one to two hikes in Q3. He favours a hike in September or October, with rising conviction for September. Pesole sees NZD/USD holding near 0.585–0.590, with a year-end target at 0.59 and 0.60 […] - [Japanese Yen: Joint intervention threat curtails selling – MUFG](https://todaymarkets.com/japanese-yen-joint-intervention-threat-curtails-selling-mufg/): MUFG’s Lee Hardman notes that the Japanese Yen has weakened modestly in Asia, with USD/JPY near its 200‑day moving average around 158.00 after recent joint intervention by Japan and the US. Japan is estimated to have bought close to USD 87 billion of Yen, while US participation is smaller but symbolically important. MUFG expects US […] - [Australian Dollar: Upside risk capped by 0.7075 against US Dollar – UOB](https://todaymarkets.com/australian-dollar-upside-risk-capped-by-0-7075-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang reports AUD/USD briefly tested 0.7069 before retreating sharply to 0.6984, with the move seen as overdone. Intraday, the Australian Dollar is expected to range between 0.6980 and 0.7030. On a 1–3 week view, risks remain to the upside but advances are likely to face firm resistance at 0.7075, while a […] - [Chart of the Day: USD/JPY After Japan’s Intervention. The Exchange Rate Falls Below 160, but Pressure on the Yen Remains](https://todaymarkets.com/chart-of-the-day-usd-jpy-after-japans-intervention-the-exchange-rate-falls-below-160-but-pressure-on-the-yen-remains/): USDJPY remains one of the key topics in the foreign exchange market following the recent reaction by Japanese authorities to the sharp depreciation of the yen. The pair has once again come under selling pressure and moved toward the 158 area, falling below the 160 level, which has repeatedly been described by Japanese government officials […] - [BP and HSBC in focus, as yen rally takes a break](https://todaymarkets.com/bp-and-hsbc-in-focus-as-yen-rally-takes-a-break/): The UK’s corporate sector is in focus this morning, for all the right reasons after Astra Zeneca fell 8% on Monday. HSBC and BP have both reported stellar Q2 earnings, which may help the FTSE 100 today, after it lagged global peers on Monday and fell 0.1%, while other European and US indices posted strong […] - [Equities: Cyclical rotation extends as tech recovers – Danske Bank](https://todaymarkets.com/equities-cyclical-rotation-extends-as-tech-recovers-danske-bank/): Danske Research Team notes that global equities began August with fresh all-time highs in several MSCI indices. Gains were driven by sector rotation, with software rebounding 16% over the past week and lower Oil prices supporting sentiment. Defensive sectors lagged, while Asian equities traded lower on scepticism around regional tech and semiconductors despite firmer US […] - [Oil: Deal optimism drives sharp selloff – ING](https://todaymarkets.com/oil-deal-optimism-drives-sharp-selloff-ing/): ING strategists Warren Patterson and Ewa Manthey note that Oil prices, including ICE Brent, fell sharply on optimism over a potential US–Iran Middle East deal. They highlight that markets may be overreacting given ongoing uncertainty, Iranian denials of talks, and renewed security risks in the Strait of Hormuz and Black Sea. European gas also weakened, […] - [Euro: Consolidation with upside trigger at 1.1565 against US Dollar – UOB](https://todaymarkets.com/euro-consolidation-with-upside-trigger-at-1-1565-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang highlights EUR/USD’s recent sharp rise and subsequent consolidation after a failed attempt to sustain gains above 1.1558. Intraday, the Euro is expected to trade between 1.1485 and 1.1540, while a close above 1.1565 could open the way toward 1.1600. Longer term, a break of 1.1390/1.1410 targets 1.1210. Range trade while […] - [XAU/USD bulls seem hesitant as inflation-led Fed hike bets and US-Iran tensions support USD](https://todaymarkets.com/xau-usd-bulls-seem-hesitant-as-inflation-led-fed-hike-bets-and-us-iran-tensions-support-usd/): Gold (XAU/USD) edges higher during the Asian session on Tuesday, though it lacks follow-through as traders await further developments surrounding the Middle East crisis before placing fresh bets. Meanwhile, the uncertainty over US-Iran peace talks continues to act as a tailwind for the safe-haven US Dollar (USD). Furthermore, recovering crude oil prices keep inflation risks […] - [Corn Rises Toward Multi-Week Highs](https://todaymarkets.com/corn-rises-toward-multi-week-highs/): Corn futures rose around $4.5 per bushel, moving back toward multi-week highs as mounting concerns over crop losses in Europe and parts of China outweighed expectations for another strong US harvest. Persistent heatwaves and prolonged dry weather across Western Europe, particularly in France, have severely stressed corn crops, prompting lower yield forecasts and raising fears […] - [Soybeans Hold Near 1-Month Low](https://todaymarkets.com/soybeans-hold-near-1-month-low/): Soybean futures traded around $11.7 per bushel, holding near a four-week low as favorable growing conditions across the US Midwest outweighed renewed Chinese buying. China recently purchased about 1 million metric tons of new-crop US soybeans, including 14–16 cargoes, with the USDA confirming nearly 500,000 tons in export sales. State buyers took advantage of last […] - [XAG/USD holds gains above $58.50 on US-Iran talk signals](https://todaymarkets.com/xag-usd-holds-gains-above-58-50-on-us-iran-talk-signals/): Silver price (XAG/USD) extends its gains for the second successive day, trading around $58.70 per troy ounce during the Asian hours on Tuesday. Silver prices are receiving support as non-yielding assets benefit from geopolitical and economic monitoring. Investors are closely tracking developments in United States (US)-Iran talks for signals regarding the potential reopening of the Strait […] - [WTI trades with positive bias below mid-$79.00s on Iran uncertainty, supply concerns](https://todaymarkets.com/wti-trades-with-positive-bias-below-mid-79-00s-on-iran-uncertainty-supply-concerns/): West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher during the Asian session on Tuesday and looks to build on the overnight bounce following an intraday slump to levels below mid-$77.00s. The commodity currently trades around the $79.40 region, up 0.75% for the day, though it lacks bullish conviction amid […] - [Platinum Stays Near November Lows](https://todaymarkets.com/platinum-stays-near-november-lows/): Platinum futures traded around $1,650 an ounce, staying near late-November lows as investors weighed easing geopolitical risks in the Middle East against persistent expectations of higher US interest rates. Despite leaving interest rates unchanged last week, markets continued to price in a Fed rate hike later this year following recent hawkish signals from officials, weighing […] - [Cattle Fade Lower to Kick Off August](https://todaymarkets.com/cattle-fade-lower-to-kick-off-august/): Live cattle futures were 7 to 72 cents lower across most contracts on Monday, fading early gains. Cash trade was at $232-233 last week, with a few at $235. Early bids surfaced near $233 on Monday, but no volume was reported. Feeder cattle futures saw losses of 20 cents to $2.40.  The CME Feeder Cattle […] - [Harvest-Friendly Weather in Brazil Weighs on Arabica Coffee Prices](https://todaymarkets.com/harvest-friendly-weather-in-brazil-weighs-on-arabica-coffee-prices/): September arabica coffee (KCU26) closed down -12.60 (-3.79%) on Monday, and September ICE robusta coffee (RMU26) closed up +4 (+0.11%). Coffee prices settled mixed on Monday.  Arabica coffee closed sharply lower as drier conditions in Brazil’s coffee-growing regions should allow for the pace of the country’s coffee harvest to pick up. Somar Meteorologia reported on Monday […] - [Cocoa Prices Surge on Ghana Crop Worries](https://todaymarkets.com/cocoa-prices-surge-on-ghana-crop-worries/): September ICE NY cocoa (CCU26) closed up +542 (+10.04%) on Monday, and September ICE London cocoa #7 (CAU26) closed up +391 (+9.75%). Cocoa prices settled sharply higher on Monday for a second session and surged to 2-week highs. Cocoa prices are rallying on positive carryover from last Friday on concerns over cocoa production in Ghana, the […] - [Sugar Prices Climb on Forecasts for Global Deficits](https://todaymarkets.com/sugar-prices-climb-on-forecasts-for-global-deficits/): October NY world sugar #11 (SBV26) closed up +0.35 (+2.39%) on Monday, and October London ICE white sugar #5 (SWV26) closed up +7.90 (+1.71%). Sugar prices settled sharply higher on Monday, with NY sugar posting a 3-week high and London sugar posting a 2-week high.  The outlook for tighter future sugar supplies is propelling prices […] - [Heating Oil Holds Losses](https://todaymarkets.com/heating-oil-holds-losses/): US heating oil futures traded below $3.9 per gallon in early August, holding recent losses as markets assessed developments surrounding the Strait of Hormuz. President Donald Trump said his latest offer of talks was Tehran’s “last chance” and expressed confidence that the key waterway would fully reopen. Although Iran denied holding direct talks with the […] - [Gasoline Near Three-Week Low](https://todaymarkets.com/gasoline-near-three-week-low/): US gasoline futures traded below $3.0 per gallon in early August, holding near a three-week low as markets remained focused on developments in the Strait of Hormuz. President Donald Trump said his latest offer of talks was Tehran’s “last chance” and reiterated his confidence that the key shipping route would fully reopen. While Iran denied […] - [Turkish Lira: Trade data underline external pressures – Commerzbank](https://todaymarkets.com/turkish-lira-trade-data-underline-external-pressures-commerzbank/): Commerzbank’s Tatha Ghose analyses Turkey’s June trade figures, highlighting a 26.2% year-on-year widening of the trade deficit to USD 10.4 billion. While exports and imports both rebounded after May’s holiday distortions, imports are running stronger than exports. Ghose stresses that the trade deficit remains around 6% of GDP, underscoring persistent balance of payments vulnerabilities. Deficit, […] - [Singapore Dollar: Upside bias capped against US Dollar – UOB](https://todaymarkets.com/singapore-dollar-upside-bias-capped-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD slipped to 1.2809 but closed near 1.2821, with intraday bias still pointing lower. However, he highlights 1.2790 as significant support that may hold unless momentum improves, while 1.2845 marks the level that would negate the downside bias. Over the 1–3 week horizon, further losses require a […] - [Latin America: Duration favored over carry – BNY](https://todaymarkets.com/latin-america-duration-favored-over-carry-bny/): Geoff Yu at BNY sees Brazil and Mexico operating in a more comfortable policy environment after the Fed decision, with anchored United States (US) front-end yields supporting emerging-market duration. Yu argues that Latin American sovereign debt offers better risk-reward than FX, given crowded positioning and limited upside, while softer U.S. real rates and Dollar weakness improve the […] - [Geopolitical - Pride vs. Peace. Facts vs. Fiction](https://todaymarkets.com/geopolitical-pride-vs-peace-facts-vs-fiction/): Donald Trump has once again announced negotiations with Iran and an almost inevitable “deal.” The oil market reacted very sharply again, but stock market moves proved much shallower than in previous, similar episodes. What are representatives of both countries declaring, what are markets pricing in, and what is probably happening? Between inflation and elections Many […] - [SpaceX Preview: It's Time to See How Much of Its Valuation Is Based on Business and How Much on Promise](https://todaymarkets.com/spacex-preview-its-time-to-see-how-much-of-its-valuation-is-based-on-business-and-how-much-on-promise/): SpaceX’s stock market debut was one of the most anticipated events in the market, but the first few weeks of trading quickly demonstrated how difficult it can be to translate enormous technological ambitions into a stable market valuation. The IPO price was $135 per share. The stock subsequently climbed above the $200 mark before falling […] - [Currency Talk - What's Next for the Dollar After the Fed Meeting](https://todaymarkets.com/currency-talk-whats-next-for-the-dollar-after-the-fed-meeting/): Key takeaways In recent months, the market has repeatedly cast doubt on Donald Trump’s promises and announcements. This phenomenon has become so widespread that it has even been given its own name (TACO, i.e. Trump Always Chickens Out). In keeping with this motto, the US President backed down from a planned attack on Iran over […] - [Eurozone PMIs: German Factory Revival Masks Underlying Stagnation 🇪🇺](https://todaymarkets.com/eurozone-pmis-german-factory-revival-masks-underlying-stagnation-%f0%9f%87%aa%f0%9f%87%ba/): The flash Eurozone Manufacturing PMI came in slightly below expectations (51.9 vs 52 forecast; previous: 51.4; revised: 52), nevertheless remaining at a level pointing to sector expansion (50+). The biggest surprise in the report is the largest increase in output in nearly 4 years, although divergence among key economies remains deep. European industry finds its […] - [Wheat Falls to 3-Week Low](https://todaymarkets.com/wheat-falls-to-3-week-low/): Wheat prices fell to around $6.40 per bushel, the lowest in three weeks, after Russia announced measures to strengthen the security of shipping in the Azov-Black Sea basin and develop alternative cargo routes. The move follows an escalation in maritime attacks between Russia and Ukraine, which have disrupted grain exports from two of the world’s […] - [Cocoa Rises to Over 2-Week High](https://todaymarkets.com/cocoa-rises-to-over-2-week-high/): Cocoa prices climbed above $5,700 per tonne, their highest level since July 15, after Ghana projected a sharp decline in cocoa production for the 2026/27 season. Market regulator COCOBOD expects output to fall by at least 16%, citing unfavorable weather, the cocoa tree’s natural alternating yield cycle, disease, ageing plantations and illegal gold mining. Supply […] - [Chart of the Day - Yen Falls From 40-Year Highs – What’s Next?](https://todaymarkets.com/chart-of-the-day-yen-falls-from-40-year-highs-whats-next/): After reaching its highest level since 1986 (163.99), the USDJPY pair recorded a very dynamic decline. The movement was driven by the first coordinated intervention by the US and Japan since 2011. At that time, the yen was weakened following a massive earthquake. US Treasury Secretary Scott Bessent and Japan’s Minister of Finance Satsuki Katayama […] - [Aluminum Rises to Near 6-Week High](https://todaymarkets.com/aluminum-rises-to-near-6-week-high/): Aluminum futures in the UK rose above $3,210 per tonne, the highest level in nearly six weeks, amid ongoing supply constraints and slower production. Output outside China fell 6.7% year-on-year in July, mainly due to reduced operating rates at several Middle Eastern smelters. These pressures were compounded by China’s 45 million-ton production cap, which is […] - [Trade of The Day - FRA40](https://todaymarkets.com/trade-of-the-day-fra40/): Facts: Recommendation: Short position (Sell) on FRA40 at market price FRA40 (D1) Source: xStation5 OPINION: The upward momentum suggests conditions favorable for a downward correction and an attempt to complete a double-top pattern. The RSI indicator is particularly important, as it has reached a level above which the price has regularly undergone downward corrections over […] - [Japanese Yen: Joint intervention reshapes FX dynamics – Commerzbank](https://todaymarkets.com/japanese-yen-joint-intervention-reshapes-fx-dynamics-commerzbank/): Commerzbank analyst Michael Pfister examines recent joint US–Japan intervention to support the Japanese Yen. He notes confirmation that US authorities helped Japan and that further actions are possible, but constrained by IMF rules. Pfister argues the Yen is heavily undervalued, explores motives linked to US Treasuries and JGBs, and warns markets to brace for additional […] - [British Pound: Rally may stall near 1.3555 against US Dollar – UOB](https://todaymarkets.com/british-pound-rally-may-stall-near-1-3555-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang highlights GBP/USD’s volatile session, with a spike from 1.3401 to 1.3481 and scope for further gains toward 1.3520, though overbought conditions may cap upside. For the next 1–3 weeks, he sees strong momentum but questions whether the pair can break and hold above 1.3555, with support around 1.3385. […] - [The Week Ahead](https://todaymarkets.com/the-week-ahead-2/): The Week Ahead: Risk is back, as we wait for payrolls Stocks are in a buoyant mood as we start August. Futures are in positive territory on Monday, with European indices expected to open higher today, and US futures expected to carry on last week’s rally. The Nasdaq is currently expected to open higher by […] - [Oil: Red sea disruptions reshape global flows – Societe Generale](https://todaymarkets.com/oil-red-sea-disruptions-reshape-global-flows-societe-generale/): Societe Generale analysts Michael Haigh and Jeremy Sellem describe how Red Sea and Bab al-Mandab security risks are forcing Oil cargoes onto longer, more complex routes. They highlight sharply reduced Red Sea flows, costly diversions via the Suez Canal, SUMED pipeline and Cape of Good Hope, and stress that the main challenge for Oil now […] - [US Dollar Index: Fed hike expectations support DXY – ING](https://todaymarkets.com/us-dollar-index-fed-hike-expectations-support-dxy-ing/): ING’s Chris Turner notes that despite sizeable joint FX intervention in USD/JPY and lower Oil prices, the US Dollar (USD) is not broadly weaker as markets still price a Federal Reserve (Fed) hike in September. He highlights upcoming US jobs data and ISM manufacturing as key inputs, and sees the US Dollar Index (DXY) finding […] - [Equities: Sector rotations shape summer performance – Danske Bank](https://todaymarkets.com/equities-sector-rotations-shape-summer-performance-danske-bank/): Danske Research Team notes that equity indices have been broadly unchanged over the summer, but sector rotations have been significant. Higher Oil prices supported energy stocks, while within technology, software has outperformed and semiconductors have lagged. Regional equity performance has mirrored these dynamics, with Emerging Markets weaker and Norway, Europe and Sweden showing relative strength. […] - [Japanese Yen: Joint intervention signals potential turning point – MUFG](https://todaymarkets.com/japanese-yen-joint-intervention-signals-potential-turning-point-mufg/): MUFG’s Michael Wan highlights that the Japanese Yen (JPY) has strengthened sharply, with USD/JPY dropping from around 164 after suspected intervention by Japan’s Ministry of Finance (MoF) and confirmed joint action with the US Treasury. He notes that past joint JPY interventions often coincide with turning points in USD/JPY, but stresses that fundamentals must shift […] - [Oil: Prices slide on halted strikes – Commerzbank](https://todaymarkets.com/oil-prices-slide-on-halted-strikes-commerzbank/): Commerzbank’s FX Research team reports that Brent Oil opened over 7% lower under USD84 into the Asian session after President Trump said the US would hold off on new strikes against Iran. Despite OPEC+ approving a modest output increase for September, the Strait of Hormuz remains effectively closed, keeping Persian Gulf export disruptions and inflation […] - [Euro: Rebound eyes key resistance band against US Dollar – UOB](https://todaymarkets.com/euro-rebound-eyes-key-resistance-band-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang observes EUR/USD rebounded sharply after a dip to 1.1453, with scope to extend gains toward 1.1565 intraday, provided it holds above 1.1495. On a 1–3 week view, he sees potential for a test of 1.1565 and possibly 1.1600, while a break below 1.1455 would undermine the bullish scenario. Upside bias […] - [XAU/USD holds above $4,050 as easing inflation fears curb Fed hike bets; USD bounce caps gains](https://todaymarkets.com/xau-usd-holds-above-4050-as-easing-inflation-fears-curb-fed-hike-bets-usd-bounce-caps-gains/): Gold (XAU/USD) struggles to capitalize on a modest weekly bullish gap opening and remains below the $4,100 mark through the Asian session. The US Dollar (USD) stages a modest recovery from its lowest level since June 17 and turns out to be a key factor acting as a headwind for the commodity. The upside for the […] - [Palm Oil Edges Up on Stronger Exports, India Demand Hopes](https://todaymarkets.com/palm-oil-edges-up-on-stronger-exports-india-demand-hopes/): Malaysian palm oil futures inched higher to trade around MYR 4,650 per tonne, recovering from recent weakness amid a softer ringgit and firmer rival edible oils on the Dalian and Chicago exchanges. Sentiment was further lifted by stronger export prospects, with cargo surveyors estimating Malaysian palm oil shipments in July rose between 12.1% and 19.5% […] - [XAG/USD rises above $58.00 on renewed US-Iran peace talks](https://todaymarkets.com/xag-usd-rises-above-58-00-on-renewed-us-iran-peace-talks/): Silver price (XAG/USD) rises after registering modest gains in the previous day, trading around $58.20 per troy ounce during the Asian hours on Monday. Silver prices climb as market sentiment shifted following statements from US President Donald Trump, who announced that peace talks with Iran are set to resume on Monday. The prospect of diplomacy helped […] - [Bitcoin, Ethereum, Ripple – BTC dips, ETH consolidates, XRP stalls](https://todaymarkets.com/bitcoin-ethereum-ripple-btc-dips-eth-consolidates-xrp-stalls/): Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) steadied on Monday after falling over 2.8%, 3.55% and 2.35%, respectively, the previous week. BTC trades below the key resistance level, ETH consolidates between the 50-day and 100-day Exponential Moving Averages (EMAs). Meanwhile, XRP steadies above the key support zone, with all three top cryptocurrencies near crucial technical levels; the next breakout […] - [Iron Ore Gains on Supply Concerns](https://todaymarkets.com/iron-ore-gains-on-supply-concerns/): Iron ore futures climbed above CNY 720 per ton, reaching near two-week highs as signs of tightening near-term supply and possible disruptions supported prices. Industry data showed global iron ore shipments declined by 1.38 million tons in the week through August 9 to around 32 million tons, while shipments arriving at Chinese ports dropped by […] - [British Pound: Upside tests but capped near 1.3555 against US Dollar – UOB](https://todaymarkets.com/british-pound-upside-tests-but-capped-near-1-3555-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that GBP/USD extended last week’s rally, but overbought conditions should confine intraday moves to a 1.3490–1.3535 band. On a 1–3 week horizon, the British Pound (GBP) could test 1.3555, though a sustained break above is seen as unlikely, with strong support now at 1.3460. Pound […] - [Japanese Yen: BoJ tightening key to recovery against US Dollar - OCBC](https://todaymarkets.com/japanese-yen-boj-tightening-key-to-recovery-against-us-dollar-ocbc/): OCBC’s Sim Moh Siong and Christopher Wong highlight that Japan’s recent FX intervention, backed by United States (US) involvement, has not fully reversed Japanese Yen (JPY) weakness, with USD/JPY near 159 after retracing much of its post-intervention drop. They keep an end‑2026 USD/JPY forecast at 163 but say a more aggressive Bank of Japan (BoJ) […] - [Oil: Upside risks persist as deal optimism fades – ING](https://todaymarkets.com/oil-upside-risks-persist-as-deal-optimism-fades-ing/): ING analysts Warren Patterson and Ewa Manthey note that Oil prices are firmer as optimism over a potential US–Iran deal fades, keeping supply risks elevated. They highlight continued flows through the Strait of Hormuz despite disruptions and stress that Middle East tensions and tight refined product stocks skew risks to the upside for Oil into […] - [Australian Dollar: RBA holds rates but downside bias persists – Commerzbank](https://todaymarkets.com/australian-dollar-rba-holds-rates-but-downside-bias-persists-commerzbank/): Commerzbank’s Volkmar Baur reports that the Reserve Bank of Australia (RBA) left interest rates unchanged in a unanimous decision, with forecasts showing higher unemployment and lower short-term inflation. While medium-term inflation risks justify the possibility of further hikes, he states that the next move is likely a rate cut, suggesting the Australian Dollar (AUD) may […] - [Euro: Gains capped below key resistance against US Dollar – UOB](https://todaymarkets.com/euro-gains-capped-below-key-resistance-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note EUR/USD has stalled after last week’s surge, with flat momentum pointing to a 1.1530–1.1560 intraday range. For the next 1–3 weeks, the Euro’s upside hurdle has risen, requiring a close above 1.1580 to target 1.1600 and beyond, while strong support has shifted up to 1.1515. […] - [WTI Price Forecast: Refreshes weekly high at $82.70 as oil supply uncertainty deepens](https://todaymarkets.com/wti-price-forecast-refreshes-weekly-high-at-82-70-as-oil-supply-uncertainty-deepens/): West Texas Intermediate (WTI), futures on NYMEX, trade 1.55% higher at around $82.70 during the European trading session on Tuesday, the highest level seen in over a week. The oil price strengthens as uncertainty regarding the reopening of the Strait of Hormuz, a critical chokepoint to almost one-fifth of global energy supply, has deepened, following […] - [Berkshire earnings: What do the reports say about the market’s direction?](https://todaymarkets.com/berkshire-earnings-what-do-the-reports-say-about-the-markets-direction/): Warren Buffett’s legendary fund, now without Warren Buffett, published its Q2 2026 results on Saturday, August 8. Expectations for the fund’s results were moderate, and although the “Oracle of Omaha” is already retired, the latest results suggest that the new management may still have trouble delivering the pace of growth and profit shareholders might expect. […] - [Gold rallies further beyond $4,400; highest since early June](https://todaymarkets.com/gold-rallies-further-beyond-4400-highest-since-early-june/): Gold (XAU/USD) scales higher for the third consecutive day – also marking the fifth day of a positive move in the previous six – and climbs to its highest level since June 5, further beyond the $4,400 mark during the Asian session on Tuesday. A weak US jobs report released last Friday pointed to signs of […] - [Arabica Coffee Prices Undercut as Brazil Harvest Expected to Accelerate](https://todaymarkets.com/arabica-coffee-prices-undercut-as-brazil-harvest-expected-to-accelerate/): September arabica coffee (KCU26) closed down -3.25 (-0.97%) on Monday, and September ICE robusta coffee (RMU26) closed up +19 (+0.50%). Coffee prices settled mixed on Monday.  Arabica closed lower as below-normal rainfall in Brazil should allow for the pace of the country’s coffee harvest to speed up, a bearish factor for prices.  Somar Meteorologia reported […] - [Cattle See Mixed Trade, as Live Cattle Strengthen](https://todaymarkets.com/cattle-see-mixed-trade-as-live-cattle-strengthen/): Live cattle futures were higher on Monday, with contracts up 82 cents to $1.80 across most months. There were no deliveries issued on first notice day for August live cattle futures. Cash trade picked up last week at $235 live and $370 dressed (North) across the country. It has been quiet so far on Monday. […] - [Coal Rises as Oil Prices Surge](https://todaymarkets.com/coal-rises-as-oil-prices-surge/): Thermal coal futures rose toward $130 per ton in mid-August, paring recent losses as oil prices surged amid persistent uncertainty over a US-Iran deal to end the conflict and reopen the Strait of Hormuz. Higher oil prices increase the incentive for fuel switching, particularly among energy-importing countries across Europe and Asia. Meanwhile, China’s National Development […] - [European Gas Extends Rally](https://todaymarkets.com/european-gas-extends-rally/): European natural gas prices climbed to €61.5 per MWh on Tuesday, extending the previous session’s rally, as hopes for a deal to reopen the Strait of Hormuz faded amid demands from the US and Iran. President Trump on Monday called for Iran to compensate for people it has killed in conflicts, after Tehran sought compensation […] - [Platinum Futures Near 2-Month High](https://todaymarkets.com/platinum-futures-near-2-month-high/): Platinum futures rose around $1,780 an ounce, approaching an eight-week high and tracking a broader rally across the precious metals complex. Investment demand for precious metals improved as Chinese institutional investors increased bullion holdings amid heightened market volatility, with gold-backed ETF in China recording their longest streak of inflows in months. Meanwhile, AI and data-center […] - [Corn Futures Near 1-Month Low](https://todaymarkets.com/corn-futures-near-1-month-low/): Corn futures traded below $4.4 per bushel, struggling to rebound from a four-week low reached on August 5, as traders continued to assess crop conditions and weather forecasts ahead of the USDA’s supply-and-demand report this week. Recent rain and milder temperatures eased crop stress after several weeks of excessive heat and dryness across much of […] - [Copper Edges Higher on Supply Concerns](https://todaymarkets.com/copper-edges-higher-on-supply-concerns/): Copper futures climbed above $6.6 per pound on Tuesday, rising for a second straight session, supported by signs of tightening global supply and expectations for constrained mine output. Traders remained cautious over potential US import tariffs on copper, which have continued to redirect metal from international markets into US warehouses. The Democratic Republic of Congo […] - [Palm Oil Extends Strength Despite Ample Supply](https://todaymarkets.com/palm-oil-extends-strength-despite-ample-supply/): Malaysian palm oil futures pushed higher, hovering above MYR 4,740 per tonne and marking the strongest level in more than two weeks, as a softer ringgit boosted export competitiveness and firmer palm olein prices on the Dalian exchange also lent support. Export estimates reinforced the bullish tone, with cargo surveyors reporting Malaysian palm oil shipments […] - [Denmark: Tax cuts keep inflation below the euro area – Nordea](https://todaymarkets.com/denmark-tax-cuts-keep-inflation-below-the-euro-area-nordea/): Nordea economist Jan Størup Nielsen notes that Danish inflation eased slightly in July, with headline consumer prices up 1.7% year-over-year and core inflation steady at 2.3%. He highlights that seasonal factors such as higher rents on summer houses and package holidays boosted monthly prices, while lower electricity tariffs and falling food prices, especially pork, helped […] - [Trade of The Day - OIL](https://todaymarkets.com/trade-of-the-day-oil/): Facts: Recommendation : Long position (buy) on OIL at the market price. OIL (D1) Source: xStation5 OPINION: A normalized RSI together with a forming uptrend (see: green circles) creates an opportunity to trade for higher oil prices. The bullish sentiment is further confirmed by the price returning above the EMA200. The target direction for buyers […] - [Cocoa Traders Balance Crop Risks and Supply Outlook](https://todaymarkets.com/cocoa-traders-balance-crop-risks-and-supply-outlook/): Cocoa prices eased to around $5,700 per tonne, leaving the market little changed for the year as traders continued to assess crop prospects and weather risks. Attention remained focused on the outlook for the 2026/27 season, with expectations of lower production potentially helping to rebalance the market following a substantial global surplus in 2025/26. Production […] - [Sugar Climbs to 10-Month High](https://todaymarkets.com/sugar-climbs-to-10-month-high/): Sugar prices climbed above 16 cents per pound, the highest level in ten months, as concerns over the global supply outlook intensified. Brazil’s suspension of its biweekly harvest and production reports had already increased uncertainty among traders before the latest data released on August 6th showed June sugar output fell 15% year-on-year. Unseasonably heavy rains […] - [Canadian Dollar: Recovery against US Dollar faces tariff risks – Commerzbank](https://todaymarkets.com/canadian-dollar-recovery-against-us-dollar-faces-tariff-risks-commerzbank-2/): Michael Pfister at Commerzbank highlights a strong Canadian labour market and improving Gross Domestic Product (GDP), Purchasing Managers’ Index (PMI) and exports as signs of real-economy recovery, but warns this is fragile due to threatened US tariffs. Pfister expects a United States-Mexico-Canada Agreement (USMCA) extension to be agreed and remains optimistic that the Canadian Dollar […] - [US Dollar: Fed pricing shifts with softer data – Deutsche Bank](https://todaymarkets.com/us-dollar-fed-pricing-shifts-with-softer-data-deutsche-bank/): Deutsche Bank strategists note that Friday’s mixed United States (US) Nonfarm Payrolls (NFP) report led to a notable repricing of September Federal Open Market Committee (FOMC) odds, with futures-implied probability of a hike falling to 44%. They see a broadly stable labour market and expect modest monthly gains in US Consumer Price Index (CPI) and […] - [Norwegian Krone: Rate hike odds slashed after soft inflation – BBH](https://todaymarkets.com/norwegian-krone-rate-hike-odds-slashed-after-soft-inflation-bbh/): Brown Brothers Harriman’s (BBH) Elias Haddad notes that Norwegian Krone (NOK) is trading mixed as firmer Oil offsets the drag from reduced Norges Bank tightening expectations. Norway’s underlying inflation (CPI-ATE) stayed at 2.7% year-on-year, below consensus and the Bank’s projection, prompting markets to sharply cut the probability of a rate hike, though Haddad still expects […] - [Copper: Weak China imports contrast with bullish positioning - ING](https://todaymarkets.com/copper-weak-china-imports-contrast-with-bullish-positioning-ing/): ING strategists Ewa Manthey and Warren Patterson highlight that China’s latest trade data show continued weakness in copper imports, with unwrought volumes down 11.5% year-on-year and concentrate flows also softer. However, speculative sentiment in COMEX copper turned more supportive, with net long positions rising to their highest level since February 2021 on tight physical markets […] - [US Dollar: Higher hurdle for sustained gains – MUFG](https://todaymarkets.com/us-dollar-higher-hurdle-for-sustained-gains-mufg/): MUFG’s Derek Halpenny notes that weaker US jobs data have not triggered a strong reaction in Dollar or rates, as markets await key Consumer Price Index (CPI) releases and another Nonfarm Payrolls (NFP) before the September Federal Open Market Committee (FOMC). Halpenny highlights softer wage growth back to pre-Covid levels, reduced inflation pressures from the […] - [Oil: Strait risk and cautious positioning – ING](https://todaymarkets.com/oil-strait-risk-and-cautious-positioning-ing/): ING analysts Ewa Manthey and Warren Patterson note that Oil prices remain supported by uncertainty around the Strait of Hormuz as US-Iran negotiations continue. They highlight reduced net long positions in NYMEX WTI and ICE Brent, even as US oil activity recovers and US crude exports stay elevated. Gas prices at Henry Hub also gain […] - [Japanese Yen: BoJ tightening risks support JPY – BNY](https://todaymarkets.com/japanese-yen-boj-tightening-risks-support-jpy-bny/): BNY’s Wee Khoon Chong highlights that long-end JGB yields are rising on inflation and fiscal concerns, with markets pricing a roughly 50% chance of a 25bp BoJ hike in September and a full hike by year-end. The BoJ’s July MPM Summary of Opinions signals accommodative conditions but a tilt toward further tightening, with risks of larger hikes […] - [Euro: Modest upside bias against US Dollar as Fed repricing – Rabobank](https://todaymarkets.com/euro-modest-upside-bias-against-us-dollar-as-fed-repricing-rabobank/): Rabobank’s Senior FX Strategist Jane Foley discusses recent EUR/USD strength, noting it was mainly driven by a softer Dollar after weak United States (US) labour data reduced Federal Reserve (Fed) rate hike expectations. Foley highlights resilient Eurozone data but also growth headwinds and limited appetite for strong Euro appreciation. Rabobank now expects EUR/USD to reach 1.16 in […] - [Australian Dollar: RBA policy pause maintained – TD Securities](https://todaymarkets.com/australian-dollar-rba-policy-pause-maintained-td-securities/): TD Securities strategists expect the Reserve Bank of Australia (RBA) to leave the cash rate unchanged at 4.35%, noting that policy is already restrictive and that Australian activity, particularly housing, is slowing in response to earlier hikes. They highlight that lower-than-expected Q2 trimmed mean Consumer Price Index (CPI) allows the RBA to pause in August, […] - [Gold and Silver Hold Near Multi-Week Highs](https://todaymarkets.com/gold-and-silver-hold-near-multi-week-highs/): Silver Holds at 7-Week High Silver prices were above $63.5 per ounce on Monday, the highest in seven weeks, amid the view that the Federal Reserve is less likely to raise interest rates this year. Nonfarm payrolls unexpectedly dropped in July as the labor force declined. Lesser bets of a rate hike were also supported […] - [Intel’s $15 Billion Funding Gap: A Financial Warning Sign or an Investment in Growth?](https://todaymarkets.com/intels-15-billion-funding-gap-a-financial-warning-sign-or-an-investment-in-growth/): $15 billion. That is how much Intel plans to raise through a new share offering. For any company, that would be an enormous amount, and in Intel’s case, it is difficult to overlook. Such a large issuance means dilution for existing shareholders and could put pressure on the stock price. However, it does not automatically […] - [The Week Ahead - Three Events to Watch](https://todaymarkets.com/the-week-ahead-three-events-to-watch/): Key takeaways Key data releases that could move stocks, FX and commodities As we start a new week the market is still digesting the main events from recent days, including a weaker than expected payrolls reading for July, the unprecedented multi-lateral intervention to strengthen the yen, and the unresolved issues in the Middle East that […] - [TTF gas rises over 6% near 58 EUR](https://todaymarkets.com/ttf-gas-rises-over-6-near-58-eur/): Natural gas prices in Europe are reacting with a strong increase to the ongoing impasse in the Strait of Hormuz European natural gas futures (TTF) are recording significant gains today, rising over 6% and reaching a level of nearly 58 EUR/MWh. Along with European gas prices, we are also observing an increase in gas prices […] - [Chart of the Day: USD/JPY Recovers After Disappointing Payroll Data](https://todaymarkets.com/chart-of-the-day-usd-jpy-recovers-after-disappointing-payroll-data/): The USD/JPY exchange rate quickly recouped most of the losses triggered by the weak US labour market report and is trading on Monday around 158.20–158.50, virtually where the pair stood prior to the data release. Friday’s payrolls figures showed a fall in employment of 23,000 against an expected increase of 80,000, triggering a sharp sell-off […] - [Canadian Dollar: Recovery against US Dollar faces tariff risks – Commerzbank](https://todaymarkets.com/canadian-dollar-recovery-against-us-dollar-faces-tariff-risks-commerzbank/): Michael Pfister at Commerzbank highlights a strong Canadian labour market and improving Gross Domestic Product (GDP), Purchasing Managers’ Index (PMI) and exports as signs of real-economy recovery, but warns this is fragile due to threatened US tariffs. Pfister expects a United States-Mexico-Canada Agreement (USMCA) extension to be agreed and remains optimistic that the Canadian Dollar […] - [Brent: Iran talks keep risk premium in focus – Deutsche Bank](https://todaymarkets.com/brent-iran-talks-keep-risk-premium-in-focus-deutsche-bank/): Deutsche Bank strategists highlight that negotiations between Iran and Oman over a new shipping framework through the Strait of Hormuz remain finely balanced, with Tehran linking any lasting arrangement to broader demands on the US. Brent Oil has rebounded from midweek lows but still ended last week sharply lower, as markets priced partial de-escalation in […] - [Romanian Leu: Rating relief but NBR stays cautious – ING](https://todaymarkets.com/romanian-leu-rating-relief-but-nbr-stays-cautious-ing/): ING’s Frantisek Taborsky says Romania’s unchanged Baa3 rating at Moody’s and prior Fitch decision should ease pressure after recent ROMGBs underperformance. He expects the National Bank of Romania (NBR) to keep rates at 6.50%, sees the first cut only in January 2027, and anticipates limited EUR/RON moves near 5.25 despite some scope for a short-term Romanian Leu […] - [Gold bulls seem hesitant near $4,350 as Iran risks and Fed hike bets support USD](https://todaymarkets.com/gold-bulls-seem-hesitant-near-4350-as-iran-risks-and-fed-hike-bets-support-usd/): Gold (XAU/USD) climbs above $4,350, hitting a fresh high during the first half of the European session on Monday, though it remains below the highest level since June 17, set on Friday in reaction to the US Nonfarm Payrolls (NFP) report. In fact, the crucial US monthly employment data showed that the economy unexpectedly lost […] - [WTI comes off from day’s high as investors seeks clarity on Hormuz reopening](https://todaymarkets.com/wti-comes-off-from-days-high-as-investors-seeks-clarity-on-hormuz-reopening/): West Texas Intermediate (WTI), futures on NYMEX, gives back some of its early gains, but it still 1.6% higher at around $77.55 during the European trading session on Monday. The oil price retreats from its day’s high as fears of a prolonged global energy supply disruption have escalated. Renewed uncertainty regarding the reopening of the […] - [Japanese Yen: Intervention faces persistent rate gap – HSBC](https://todaymarkets.com/japanese-yen-intervention-faces-persistent-rate-gap-hsbc/): HSBC Asset Management reviews recent coordinated intervention by Japanese and US authorities to support the Japanese Yen, recalling the sharp carry-trade unwind during the previous episode two years ago. The report argues that, despite near-term support and short positioning risks, persistent US inflation and cautious Bank of Japan tightening leave rate differentials weighing on the […] - [US Dollar: Softer labour data shifts Fed outlook – Societe Generale](https://todaymarkets.com/us-dollar-softer-labour-data-shifts-fed-outlook-societe-generale/): Societe Generale’s Kenneth Broux reports that weaker US employment data and downward revisions have sharply reduced expectations for a September Fed hike, though one move remains priced for December. He notes the Dollar has extended losses as markets reassess the Fed’s dual mandate and the implications for bonds and FX. DXY is seen needing to defend its […] - [Swedish Krona: Hormuz reopening could lift SEK against NOK - Commerzbank](https://todaymarkets.com/swedish-krona-hormuz-reopening-could-lift-sek-against-nok-commerzbank/): Commerzbank’s Michael Pfister analyses NOK/SEK through oil-price sensitivity and rate expectations. He finds the Norwegian Krone reacts more strongly to oil than the Swedish Krona, while Riksbank expectations adjust more to oil shocks than Norges Bank. If the Strait of Hormuz reopens sustainably, he expects SEK to appreciate significantly against NOK as oil falls and […] - [Australian Dollar: RBA set to hold amid inflation risks - BNY](https://todaymarkets.com/australian-dollar-rba-set-to-hold-amid-inflation-risks-bny/): BNY’s Geoff Yu and David Tam expect the Reserve Bank of Australia (RBA) to keep rates unchanged at 4.35%, noting that markets doubt its willingness to hike despite persistent inflation and robust labor and spending data. They flag housing weakness, lack of terms-of-trade support and poor productivity as structural drags, arguing that a policy hold aligns with […] - [UK Natural Gas Prices Advance](https://todaymarkets.com/uk-natural-gas-prices-advance/): UK natural gas prices rose above 140 pence per therm on Monday, recovering part of the losses from the previous week amid uncertainty over the normalization of shipping through the Strait of Hormuz. Iran and Oman remained short of a final agreement over the weekend after Tehran renewed a lengthy list of demands for Washington […] - [Iron Ore Slips as Global Shipments Rise](https://todaymarkets.com/iron-ore-slips-as-global-shipments-rise/): Iron ore futures declined to around CNY 711 per ton, resuming their downward trend after data showed global shipments jumped 14.18% to 156.6 million metric tons in July, with Australia and Brazil accounting for much of the increase. Brazil is also entering its peak export season this quarter, while Australian shipments are expected to gradually […] - [Palm Oil Rises on Export Strength, Firmer Edible Oils](https://todaymarkets.com/palm-oil-rises-on-export-strength-firmer-edible-oils/): Malaysian palm oil futures were notably higher, trading near MYR 4,720 per tonne and snapping recent losses, as firmer edible oil prices in Dalian and Chicago supported sentiment. Strong export demand added momentum, with a monthly report from the Malaysian Palm Oil Board showing July shipments up 14.5% from June to 1.39 million tonnes. Demand […] - [Copper Pulls Back from Record Highs](https://todaymarkets.com/copper-pulls-back-from-record-highs/): Copper futures slipped below $6.6 per pound on Monday, retreating from record levels reached last week as traders took profits while weighing signs of tightening global supply. Concerns over potential supply disruptions from the Democratic Republic of Congo’s copper concentrate export ban also eased, with Goldman Sachs saying it expected the measure to have no […] - [Dollar Index advances above 99.50 due to Middle East risks](https://todaymarkets.com/dollar-index-advances-above-99-50-due-to-middle-east-risks/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after registering modest losses in the previous day and trading around 99.70 during the Asian hours on Monday. The Greenback receives support from broad risk aversion amid geopolitical tensions remaining high as the ongoing United States […] - [XAU/USD retreats from June 17 highest amid USD uptick; holds above $4,300 pivotal support](https://todaymarkets.com/xau-usd-retreats-from-june-17-highest-amid-usd-uptick-holds-above-4300-pivotal-support/): Gold (XAU/USD) drifts lower at the start of a new week and moves away from its highest level since June 17, touched on Friday following the disappointing release of the US Nonfarm Payrolls (NFP) report. In fact, the crucial US monthly employment data showed that the economy unexpectedly lost 23K jobs in July, while the previous […] - [XAG/USD starts US CPI week on flat note around $63.50](https://todaymarkets.com/xag-usd-starts-us-cpi-week-on-flat-note-around-63-50/): Silver price (XAG/USD) trades in a tight range at around $63.50 during the Asian trading session at the start of the week. The white metal struggles for direction but is close to an almost seven-week high of $65.16 posted on Friday. Bullions are expected to face heightened volatility, with the United States (US) Consumer Price Index […] - [Wheat Futures Rise as Supply Concerns Persist](https://todaymarkets.com/wheat-futures-rise-as-supply-concerns-persist/): Wheat prices rose to around $6.40 per bushel, remaining above a four-week low reached on August 6, as concerns over tightening global supplies outweighed improved crop prospects in Australia. Grain exports from the Black Sea region have been disrupted by intensified attacks on port infrastructure linked to the Russia–Ukraine war, while severe heatwaves across the […] - [European Gas Rises Amid Uncertainty Over Hormuz](https://todaymarkets.com/european-gas-rises-amid-uncertainty-over-hormuz/): European natural gas prices rose above €56 per MWh on Monday, recouping part of the losses from the previous week amid uncertainty over the normalization of shipping through the Strait of Hormuz. Iran and Oman remained short of a final agreement over the weekend after Tehran renewed a lengthy list of demands for Washington as […] - [Heating Oil Rises for Fourth Session](https://todaymarkets.com/heating-oil-rises-for-fourth-session/): US heating oil futures rose to around $3.96 per gallon on Monday, gaining for a fourth consecutive session, driven by uncertainty over the reopening of the Strait of Hormuz. Iran said a deal with Oman to establish new shipping lanes was nearing completion but stressed that the waterway would only reopen if Washington met additional […] - [Gasoline Gains for Third Session](https://todaymarkets.com/gasoline-gains-for-third-session/): US gasoline futures rose above $3 per gallon on Monday, gaining for a third consecutive session, as uncertainty persisted over the reopening of the Strait of Hormuz. Iran said an agreement with Oman on new shipping routes was close to being finalized but warned that reopening the waterway remained conditional on Washington meeting additional demands. […] - [Soybeans Hold Near Multi-Week Lows](https://todaymarkets.com/soybeans-hold-near-multi-week-lows/): Soybean futures held around $11.5 per bushel, staying near five-week lows as traders adjusted positions ahead of the USDA’s upcoming crop report this week. The report will include the first survey-based estimate of 2026 US soybean yields and updated harvested acreage, potentially reshaping expectations for crop size and supplies. Meanwhile, weather has become less supportive, […] - [Three Markets Set to Move Next Week](https://todaymarkets.com/three-markets-set-to-move-next-week/): Last week brought a clear improvement in sentiment across financial markets. The publication of weaker US labor market data (NFP) reduced the pressure on the Fed regarding interest rate hikes. Additionally, there were signs of a potential reopening of the Strait of Hormuz, although uncertainty remains a key issue for energy market investors. This week, […] - [Earnings Watch: Who Could Surprise Markets Next Week?](https://todaymarkets.com/earnings-watch-who-could-surprise-markets-next-week/): The Q2 2026 earnings season is already nearing its end, but there is still a number of interesting companies that are only now reporting. Many of them are mid cap companies where the outlook, both positive and negative, remains uncertain. Understanding their specifics can help position properly ahead of earnings and draw better conclusions from […] - [The Week That Was: NFP Sends Dollar Tumbling as Gold Stages a Comeback](https://todaymarkets.com/the-week-that-was-nfp-sends-dollar-tumbling-as-gold-stages-a-comeback/): USA Company news, USA Macroeconomic data, USA Europe Company news, Europe Macroeconomic data, Europe Forex Commodities Crypto - [Forecasting the upcoming week: U.S. inflation takes center stage next week](https://todaymarkets.com/forecasting-the-upcoming-week-u-s-inflation-takes-center-stage-next-week/): The US Dollar Index (DXY) fell below the 100.00 region after sinking through Friday’s session. July Nonfarm Payrolls (NFP) showed the US economy shedding 23K jobs against forecasts of an 80K gain, with June revised down to 20K, and Average Hourly Earnings slowing to 3.2% on the year. Markets that had spent late July pricing […] - [XAG/USD clears 50-day SMA, eyes $65](https://todaymarkets.com/xag-usd-clears-50-day-sma-eyes-65/): Silver price surges nearly 3% as it clears the 50-day Simple Moving Average (SMA) at $62.13, and reclaims the $63.00 figure as it struggles to surpass key resistance seen at $63.28, the July 6 high. XAG/USD Price Forecast: Technical outlook Silver trades sideways, but bulls are gaining traction, as indicated by the Relative Strength Index (RSI). […] - [Indonesia: Modest growth outlook – Standard Chartered](https://todaymarkets.com/indonesia-modest-growth-outlook-standard-chartered/): Standard Chartered’s Aldian Taloputra notes Indonesia’s Q2 GDP grew 5.3% year-on-year, slowing from 5.6% but beating consensus. Stronger-than-expected H1 data leads the bank to raise its 2026 GDP forecast to 5.3%. However, a weak recovery in formal-sector employment and cautious private-sector investment suggest growth will remain modest, with government programmes and household consumption offsetting subdued […] - [China: Credit demand and liquidity trends – DBS](https://todaymarkets.com/china-credit-demand-and-liquidity-trends-dbs/): DBS Group Research anticipates China’s credit demand to stay weak in July, with new Yuan loans around RMB 10.8 billion and M2 growth at 8% year-on-year. Corporate and household medium- to long-term lending are likely to soften amid cautious borrowing and mortgage prepayments. Elevated precautionary savings and subdued property prices are expected to constrain investment […] - [Chinese Yuan: Range trade holds with bullish tone against US Dollar – UOB](https://todaymarkets.com/chinese-yuan-range-trade-holds-with-bullish-tone-against-us-dollar-uob/): United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH confined to a narrow intraday range, with flat momentum suggesting consolidation between 6.7450 and 6.7550. Their 1–3 week view still anticipates the Dollar edging lower toward 6.7300 while 6.7640 caps the upside, and over 1–3 months a sustained recovery requires a […] - [Singapore: GDP revision and forecast upgrade – DBS](https://todaymarkets.com/singapore-gdp-revision-and-forecast-upgrade-dbs/): DBS Group Research expects Singapore’s final 2Q26 GDP to be revised up to 5.9% year-on-year and 1.3% quarter-on-quarter seasonally adjusted, driven by stronger manufacturing and services. With first-half growth above trend, the team sees a high chance the government will raise its 2026 GDP forecast to 4.0–5.0%, while still highlighting significant uncertainty and downside risks. […] - [Philippines: BSP policy outlook shifts – Standard Chartered](https://todaymarkets.com/philippines-bsp-policy-outlook-shifts-standard-chartered/): Standard Chartered’s Jonathan Koh and Edward Lee now expect Bangko Sentral ng Pilipinas (BSP) to keep its policy rate unchanged at the 27 August meeting, abandoning a previously projected hike. The bank trims its 2026 Gross Domestic Product (GDP) growth forecast to 3.5% and lowers Consumer Price Index (CPI) expectations, while still projecting rate cuts […] - [Indonesian Rupiah: Supportive domestic backdrop, capped gains – Commerzbank](https://todaymarkets.com/indonesian-rupiah-supportive-domestic-backdrop-capped-gains-commerzbank/): Commerzbank’s FX analysts, including Charlie Lay and Moses Lim, note that USD/IDR slipped slightly but stayed below the key 18,000 level as softer global Oil prices and stronger Indonesia Q2 GDP supported the Rupiah. They highlight that clearer Bank Indonesia leadership and confidence in BI’s independence should aid IDR over the coming weeks, though several structural and […] - [Week Ahead - Aug 10th](https://todaymarkets.com/week-ahead-aug-10th/): Negotiations between Iran, the US, and GCC states on access to the Strait of Hormuz will continue to set energy prices and interest rate outlooks for the global economy. In the meantime, updates on the AI trade, which is undergoing heightened volatility, will feature earnings from Applied Materials, Cisco, and CoreWeave. The US will publish […] - [European Stocks Close at Records](https://todaymarkets.com/european-stocks-close-at-records/): European stocks closed higher on Friday, tracking similar developments in major equity markets amid a rebound for industrial and tech stocks. The Euro STOXX 50 added 0.4% to 6,530 and the STOXX Europe 600 rose 0.4% to 661. Software producers and AI-related infrastructure manufacturers rose for a second session, tracking US counterparts with SAP gaining […] - [Nat-Gas Prices Supported by Stronger US LNG Exports](https://todaymarkets.com/nat-gas-prices-supported-by-stronger-us-lng-exports/): September Nymex natural gas (NGU26) closed up +0.022 (+0.83%) on Friday. Nat-gas prices settled higher on Friday as stronger US nat-gas exports draw domestic supplies down. Estimated LNG net flows to US LNG export terminals on Friday were 18.6 bcf/day, the most in 4 weeks. Forecasts for warmer US weather are also supportive of nat-gas prices, […] - [Uncertainty Over Reopening of Strait of Hormuz Lifts Crude Prices](https://todaymarkets.com/uncertainty-over-reopening-of-strait-of-hormuz-lifts-crude-prices/): September WTI crude oil (CLU26) closed up +0.89 (+1.15%) on Friday, and September RBOB gasoline (RBU26) closed up +0.0468 (+1.59%). Crude oil and gasoline prices settled higher on Friday, supported by a decline in the dollar ($DXY) to a 7-week low.  Also, uncertainty regarding a proposed plan by Iran and Oman to reopen the Strait […] - [Cattle Closed Mostly Higher on Friday](https://todaymarkets.com/cattle-closed-mostly-higher-on-friday/): Live cattle futures posted Friday gains of 35 to 50 cents in the front months, with August down a nickel this week. Cash trade has picked up this week at $235 live and $370 dressed (North) across the country. Feeder cattle futures were $2.95 to $3.65 higher on the day, with August up $3.625. The […] - [Wheat Held Higher Levels on Friday](https://todaymarkets.com/wheat-held-higher-levels-on-friday/): Corn futures closed with contracts steady to fractionally higher at the close. The CmdtyView national average Cash Corn price was unchanged at $4.09 1/2. USDA reported a private export sale of 286,097 MT of corn to Mexico, with 29,808 MT for 2026/27 and 256,289 for 2027/28 Ahead of the August Crop Production report from NASS next Wednesday, […] - [Corn Held Steady on Friday](https://todaymarkets.com/corn-held-steady-on-friday/): Corn futures closed with contracts steady to fractionally higher at the close. The CmdtyView national average Cash Corn price was unchanged at $4.09 1/2. USDA reported a private export sale of 286,097 MT of corn to Mexico, with 29,808 MT for 2026/27 and 256,289 for 2027/28 Ahead of the August Crop Production report from NASS next Wednesday, […] - [Soybeans Slip into Friday’s Close](https://todaymarkets.com/soybeans-slip-into-fridays-close/): Soybeans were mostly 1 to 3 cents lower, with August down 11 ¾ cents on the week. The cmdtyView national average Cash Bean  rice was up a penny at $11.33 ¾. Soymeal futures were down $2.60, with August down $6 on the week. Bean oil was up 40 to 50 points, with bean oil up 98 cents on the […] - [Arabica Coffee Surges on Dollar Weakness and Tight ICE Inventories](https://todaymarkets.com/arabica-coffee-surges-on-dollar-weakness-and-tight-ice-inventories/): September arabica coffee (KCU26) closed up +13.90 (+4.32%) on Friday, and September ICE robusta coffee (RMU26) closed down -11 (-0.29%). Coffee prices settled mixed on Friday, with arabica up sharply at a 1-week high.  Friday’s decline in the dollar index ($DXY) to a 7-week low is bullish for coffee prices. Also, arabica coffee supplies continue to […] - [Cocoa Prices Erase Early Losses on Dollar Weakness](https://todaymarkets.com/cocoa-prices-erase-early-losses-on-dollar-weakness/): September ICE NY cocoa (CCU26) closed up +6 (+0.10%) on Friday, and September ICE London cocoa #7 (CAU26) closed up +4 (+0.09%). Cocoa prices recovered from early losses on Friday and posted modest gains as the decline in the dollar index ($DXY) to a 7-week low prompted short covering in cocoa futures.  Cocoa prices initially […] - [Sugar Prices Soar on Global Production Worries](https://todaymarkets.com/sugar-prices-soar-on-global-production-worries/): October NY world sugar #11 (SBV26) closed up +0.88 (+5.65%) on Friday, and October London ICE white sugar #5 (SWV26) closed up +16.50 (+3.39%). Sugar prices extended this week’s sharp rally on Friday, with NY sugar posting a 10-month nearest-futures high and London sugar posting an 11-month high.  Concerns over lower global sugar production are […] - [Cotton Rallies into the Weekend](https://todaymarkets.com/cotton-rallies-into-the-weekend/): Cotton futures saw gains of 120 to 130 points on Friday with December up 261 points on the week. Crude oil was up 21 cents per barrel, with the US dollar index $0.308 lower. Friday afternoon’s Commitment of Traders report showed managed money spec funds in cotton futures and options adding 9,869 contracts to their […] - [Gold gains almost 3% trying to reverse the trend](https://todaymarkets.com/gold-gains-almost-3-trying-to-reverse-the-trend/): Gold is posting strong gains today, with falling U.S. Treasury yields following a much weaker-than-expected U.S. Nonfarm Payrolls (NFP) report providing a significant boost to sentiment across the precious metals market. Friday’s session is delivering another strong bullish impulse for gold prices. GOLD chart (D1 timeframe) Gold climbed to around $4,350 per ounce today, where […] - [Equities: AI profitability doubts grow – Nordea](https://todaymarkets.com/equities-ai-profitability-doubts-grow-nordea/): Nordea analysts Kirsti Sunde Midttun and Ole Håkon Eek-Nielsen argue that AI profitability faces structural pressure from high inference costs, rapid model depreciation and growing competition from free and open alternatives. They question the durability of current business models and point to rising investor scepticism toward AI-related equities, alongside a rotation from technology stocks into […] - [Silver: Solar demand headwinds emerge – Commerzbank](https://todaymarkets.com/silver-solar-demand-headwinds-emerge-commerzbank/): Commerzbank’s Carsten Fritsch notes that the Silver price has surged over 10% this week to USD 63.9 per troy ounce, its highest level since late June, pulling the gold/silver ratio back below 70. However, he highlights that solar-sector demand is set to decline for a second year, with Silver’s share in solar modules and total demand expected to fall […] - [Canadian Dollar: Labour strength and BoC stance – TD Securities](https://todaymarkets.com/canadian-dollar-labour-strength-and-boc-stance-td-securities/): TD Securities economists Robert Both and Emma Lawrence highlight a strong Canadian labour market, with July employment up 75k and unemployment at 6.4%. Despite employment outpacing population growth and the employment rate at its highest since February 2025, they expect the Bank of Canada to stay on hold through 2026, returning to neutral policy in […] - [Mexico: Banxico extended hold stance – Societe Generale](https://todaymarkets.com/mexico-banxico-extended-hold-stance-societe-generale/): Societe Generale’s Dev Ashish reports that Banxico left its policy rate at 6.50%, signalling an extended pause as inflation hovers near target and real rates sit close to neutral. The bank now sees inflation converging to target in 4Q27, while external risks from Oil prices and a potentially hawkish Federal Reserve argue against further easing, keeping Mexican […] - [NFP much below expectations! EUR/USD spikes](https://todaymarkets.com/nfp-much-below-expectations-eur-usd-spikes/): 07.08 – US Non-Farming Payrolls Data (July) Despite the lower unemployment rate, the latest labor market data paint a bleak picture. Average hourly earnings have fallen sharply, and the National Labor Force (NFP) itself has contracted sharply. The only reason for the decline in the unemployment rate in these circumstances is the falling labor force […] - [Oil: Prices jump on Hormuz tensions – MUFG](https://todaymarkets.com/oil-prices-jump-on-hormuz-tensions-mufg/): MUFG’s Michael Wan notes that Oil has spiked on renewed tensions in the Strait of Hormuz, even as Brent remains below US$85/bbl. He highlights Iran’s proposed restrictions on US and Israeli ships and regional conflict risks. Despite the move, MUFG’s base case is for Oil prices to trend lower over time, cushioned by episodic escalation […] - [Canadian Dollar: Labour resilience favours CAD against US Dollar – TD Securities](https://todaymarkets.com/canadian-dollar-labour-resilience-favours-cad-against-us-dollar-td-securities/): TD Securities strategists expect Canada’s July Jobs Report to confirm ongoing labour market strength, with employment rising another 20k, matching consensus and extending the recovery of 2026 job losses. They see hiring intentions improving into Q3 and project the Unemployment Rate dipping to 6.4%, while wage growth slows to 3.4% year-on-year on a large base […] - [Trade of the day: US500](https://todaymarkets.com/trade-of-the-day-us500/): Facts Recommendation Long US500 at market price Opinion Rising earnings expectations remain one of the strongest fundamental arguments supporting further upside potential for Wall Street. Equity valuations are much easier to sustain when expectations for future corporate earnings improve, as higher stock prices are justified by stronger earnings rather than solely by an expansion in […] - [Chart of the Day: What will drive the US stock market?](https://todaymarkets.com/chart-of-the-day-what-will-drive-the-us-stock-market/): The Nasdaq 100 has been recording a dynamic recovery since the beginning of August. 🌍 Crude Oil Prices Tuesday’s 3.2% rally was one of the strongest this year. The index was supported by lower crude oil prices, following statements from Scott Bessent. The Treasury Secretary said on CNBC that there is a chance that as […] - [Equities: Stocks pressured by higher yields and energy risks - Deutsche Bank](https://todaymarkets.com/equities-stocks-pressured-by-higher-yields-and-energy-risks-deutsche-bank/): Deutsche Bank strategists notes that the S&P 500 slipped as geopolitical developments and higher yields pressured sentiment. Energy outperformed while industrials and materials lagged. Asian equities are mostly weaker this morning, while Chinese markets outperform and US futures remain broadly flat ahead of the July jobs report.” Equities soften on oil and yields “Turning to […] - [Oil: Volatile range trading outlook – Rabobank](https://todaymarkets.com/oil-volatile-range-trading-outlook-rabobank/): Rabobank’s Joe DeLaura details how renewed United States (US)–Iran tensions and disruptions at the Strait of Hormuz have driven a sharp rally and subsequent correction in Brent and West Texas Intermediate (WTI). He expects Brent to oscillate within a wide range, with geopolitical headlines around Hormuz and Bab al-Mandab dictating moves. Rabobank also raises its […] - [Czech Koruna: CZK softens against Euro as CNB waits – Commerzbank](https://todaymarkets.com/czech-koruna-czk-softens-against-euro-as-cnb-waits-commerzbank/): Commerzbank’s Tatha Ghose reports that the Czech National Bank (CNB) kept its policy rate at 3.75% and returned to a wait-and-see stance after June’s 25bp hike, despite still citing upside inflation risks. Governor Ales Michl sounded less urgent and stressed a focus on core inflation over fuel-price volatility. With forecasts implying rate stability, the Koruna […] - [Japanese Yen: Higher US rate volatility favors safe havens – BNY](https://todaymarkets.com/japanese-yen-higher-us-rate-volatility-favors-safe-havens-bny/): BNY’s David Tam argues that rising U.S. rate volatility should favor safe-haven currencies, with the Yen historically benefiting from such episodes. Heavy speculative JPY shorts add another catalyst, as appreciation could force position unwinds and trigger a sharper squeeze. Heavy Yen shorts raise squeeze risk “We argued in our recent note that rising U.S. rate […] - [Today Markets - NFP Preview](https://todaymarkets.com/today-markets-nfp-preview/): NFP preview: Will markets get the weak print they would like? The July labour market report will be released today at 1330 BST. The market expects a reading of 80k, up from 57k in June. The unemployment rate could edge up to 4.3%, mostly due to a rounding error, and wages may grow by 0.3% […] - [Gold: Breakout holds as US payrolls loom – OCBC](https://todaymarkets.com/gold-breakout-holds-as-us-payrolls-loom-ocbc/): OCBC’s Sim Moh Siong and Christopher Wong note Gold has retained most recent gains after breaking key resistance, supported by lower Oil, softer yields, central bank and ETF buying and technical factors. Momentum has eased as rebounding Oil revives inflation concerns and lifts US Treasury yields, with Friday’s US payrolls seen as the next test for whether […] - [Equities: Sector rotation dominates risk-off – Danske Bank](https://todaymarkets.com/equities-sector-rotation-dominates-risk-off-danske-bank/): Danske Research Team reports equities closed lower in a 2026-style risk-off session driven by sentiment rather than macro or earnings. Higher Oil prices weighed, but the key feature was pronounced rotation from cyclicals into defensives such as energy, consumer staples and health care. AI-related concerns continue to pressure Asian technology-heavy indices. Defensives outperform as AI […] - [Euro: US payrolls could cap gains against the US Dollar - Commerzbank](https://todaymarkets.com/euro-us-payrolls-could-cap-gains-against-the-us-dollar-commerzbank/): Commerzbank’s Michael Pfister notes that reduced expectations for Federal Reserve (Fed) tightening have helped EUR/USD climb, but questions how justified this move is. He stresses that Kevin Warsh’s lack of forward guidance does not preclude rate hikes, and that stronger US labour data could shift expectations back toward tighter policy. Commerzbank has cut its EUR/USD forecast by […] - [Brent: US-Iran tensions support prices – ING](https://todaymarkets.com/brent-us-iran-tensions-support-prices-ing/): ING analysts Warren Patterson and Ewa Manthey note renewed strength in Oil, with ICE Brent rallying back above $82/bbl as obstacles to a US-Iran deal persist. They highlight Iranian demands around the Strait of Hormuz and limited signs of compromise. ING still expects Brent to average $80/bbl in the third quarter, while stressing significant risks […] - [Euro: Rebound against US Dollar faces key cloud barrier – UOB](https://todaymarkets.com/euro-rebound-against-us-dollar-faces-key-cloud-barrier-uob/): UOB Group’s Quek Ser Leang highlights that EUR/USD has staged a sharp rebound after drifting sideways, following a decline from January’s high to mid-June’s low. The pair is seen with scope to extend gains, but the analyst stresses that the 1.1560/1.1565 zone, aligned with the daily Ichimoku cloud top and a weekly trendline, is critical resistance, while […] - [Soybeans Attempt Rebound](https://todaymarkets.com/soybeans-attempt-rebound/): Soybean futures rose above $11.6 per bushel, attempting to rebound from a five-week low, supported by stronger Chinese demand and higher crude oil prices. Reports of renewed attacks in the Strait of Hormuz and the lack of clarity over a deal to reopen the critical waterway lifted oil prices. Agricultural prices often tracked energy markets […] - [Chart of the Day - Speculations Around Faster Rate Hikes in Japan — Could USD/JPY Reverse Its Trend?](https://todaymarkets.com/chart-of-the-day-speculations-around-faster-rate-hikes-in-japan-could-usd-jpy-reverse-its-trend/): Key takeaways USDJPY is edging lower today, partly due to a weaker U.S. dollar, although the yen also appears to be supported by reports from Reuters. According to three anonymous sources familiar with the Bank of Japan’s thinking, the BoJ could raise interest rates as early as September 2026. The central bank is also reportedly […] - [Brent Rises on Middle East Risks](https://todaymarkets.com/brent-rises-on-middle-east-risks/): Brent crude climbed above $88 per barrel on Friday, recovering losses from the previous session as talks to end the Middle East conflict and reopen the Strait of Hormuz remained deadlocked, keeping investors alert to the risk of further escalation. Vessels passing through the vital waterway continue to face persistent threats, although crude is still […] - [Norwegian Krone: Weaker after Norges Bank holds rates – Danske Bank](https://todaymarkets.com/norwegian-krone-weaker-after-norges-bank-holds-rates-danske-bank/): Danske Research Team notes that Norges Bank left its policy rate at 4.25% and kept a tightening bias despite weaker summer inflation. They still expect one final hike in September, though the odds have fallen and the decision is now finely balanced. NOK weakened after the announcement and softer Oil investment and wage data were […] - [British Pound: Locked in tight ranges against US Dollar – UOB](https://todaymarkets.com/british-pound-locked-in-tight-ranges-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report GBP/USD price action remains confined, with intraday moves seen between 1.3475 and 1.3515 as momentum has faded. For the coming 1–3 weeks, they expect the Pound to trade in a broader 1.3440–1.3540 band after a brief test of 1.3540, while longer-term signals point to range-trading […] - [Euro: Showing some undervaluation against US Dollar – ING](https://todaymarkets.com/euro-showing-some-undervaluation-against-us-dollar-ing/): ING FX Strategist Francesco Pesole highlights that EUR/USD appears modestly undervalued, with short-term fair value estimated around 1.160–1.1650 based on swap spreads. He maintains a positive bias on EUR/USD but doubts a near-term break above 1.160 without a dovish surprise from the Federal Reserve. For now, he sees strengthening technical support around 1.1500, while Eurozone GDP revisions […] - [Equities: US stock rally broadens as S&P 500 hits new high – Deutsche Bank](https://todaymarkets.com/equities-us-stock-rally-broadens-as-sp-500-hits-new-high-deutsche-bank/): Deutsche Bank strategists report that United States (US) equities, led by the S&P 500, have reached new record highs as softer inflation data and lower Oil prices reinforce expectations that the Fed can stay on hold. Rate-sensitive sectors and major tech indices, including the NASDAQ and semiconductor stocks, have participated in the rally, with breadth improving via […] - [Economic Calendar - U.S. Retail Sales and UoM Data in Focus](https://todaymarkets.com/economic-calendar-u-s-retail-sales-and-uom-data-in-focus/): Today’s macroeconomic calendar is relatively busy, with investors focusing primarily on data from the eurozone and the United States. The second estimate of eurozone GDP for Q2 will be released in the morning, while U.S. retail sales will be the key publication later in the day. The session will also feature Canadian data and the […] - [XAG/USD extends correction as energy supply concerns remain intact](https://todaymarkets.com/xag-usd-extends-correction-as-energy-supply-concerns-remain-intact/): Silver price (XAG/USD) is down 1% to near $63.80 during the Asian trading session on Friday. The white metal faces selling pressure as financial markets remain worried about the global energy supply disruption due to the blockade on the Strait of Hormuz and Bab al-Mandab Strait, which together account for almost 27% of global energy […] - [Gold finds some support ahead of $4,300 as USD remains depressed on receding Fed hike bets](https://todaymarkets.com/gold-finds-some-support-ahead-of-4300-as-usd-remains-depressed-on-receding-fed-hike-bets/): Gold (XAU/USD) attracts some follow-through selling for the second consecutive day and retreats further from its highest level since June 5, around $4,450, which it touched the previous day. The commodity, however, finds some support ahead of the $4,300 mark as traders refrain from placing aggressive directional bets amid mixed fundamental cues. Data released on Thursday […] - [Iron Ore Rises on Improving Fundamentals](https://todaymarkets.com/iron-ore-rises-on-improving-fundamentals/): Iron ore futures climbed above CNY 710 per ton, recovering modestly from multi-month lows as signs of tightening supply and improving steel demand in top consumer China provided support. Industry data showed iron ore inventories at major Chinese ports edged down to around 156.8 million tons, pointing to potentially tighter supply conditions in the coming […] - [Palm Oil Set for Second Straight Weekly Rise](https://todaymarkets.com/palm-oil-set-for-second-straight-weekly-rise/): Malaysian palm oil futures extended gains, hovering around MYR 4,725 per tonne and heading for a second consecutive weekly advance, supported by firmer edible oils on the Dalian markets and improving export prospects. Cargo surveyors estimated Malaysian palm oil shipments rose between 2.6% and 14.8% in the first 10 days of August from the same […] - [Another round of inflation figures from the US – what did they reveal?](https://todaymarkets.com/another-round-of-inflation-figures-from-the-us-what-did-they-reveal/): US Initial Jobless Claims Rise More than Expected The number of people claiming unemployment benefits in the US rose by 9,000 to 209,000 on the first week of August, above market expectations of 202,000. Continuing claims, which are seen as a gauge of outstanding unemployment in the US, declined by 22,000 to 1,777,000 in the […] - [Coffee Down 5% on ICE. Profit-Taking Hits the Market Despite Low Arabica Inventories](https://todaymarkets.com/coffee-down-5-on-ice-profit-taking-hits-the-market-despite-low-arabica-inventories/): Arabica coffee futures on ICE are down around 5% today, pulling back sharply after the strong rebound from their June lows. Prices are coming under pressure from expectations of a large Brazilian crop and the prospect of harvesting activity accelerating as weather conditions improve. Today’s sell-off, however, contrasts with a still-tight physical market, where ICE-certified […] - [Orange Juice Futures Near Multi-Year Lows – What Does the CoT Report Show?](https://todaymarkets.com/orange-juice-futures-near-multi-year-lows-what-does-the-cot-report-show/): ICE-listed orange juice futures (ORANGE) are trading near multi-year lows, while the latest Commitments of Traders report for Frozen Concentrated Orange Juice (FCOJ) futures points to a significant shift in speculative positioning. Large speculators in the Managed Money category remain net short, but over the past week they simultaneously increased long positions and significantly reduced […] - [Oil declines under the weight of inventories](https://todaymarkets.com/oil-declines-under-the-weight-of-inventories/): Brent Crude loses over 1% due to long-term forecasts and an unexpected increase in US commercial inventories Oil prices are undergoing clear declines during Thursday’s session, continuing yesterday’s movement, due to factors including a massive increase in US inventories, theoretically progressing peace talks regarding the Strait of Hormuz, and fears of a slowdown in global […] - [Indian Rupee: RBI seen delaying rate hikes – MUFG](https://todaymarkets.com/indian-rupee-rbi-seen-delaying-rate-hikes-mufg/): Michael Wan at MUFG reports that India’s July Consumer Price Index (CPI) rose to 4.45% year-on-year, slightly below consensus but above June’s 4.38%, driven mainly by higher food prices. With inflation still within the RBI’s 2–6% band, Wan expects the central bank to keep a neutral stance for now and delay a projected 50 basis […] - [US Dollar: Markets remain hawkish after CPI – ING](https://todaymarkets.com/us-dollar-markets-remain-hawkish-after-cpi-ing/): ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that the Dollar strengthened after an in-line US CPI, as markets had positioned for a hotter print. Despite core inflation running at a 1.6% three‑month annualised pace, Fed expectations remain hawkish, with 9bp still priced for September and a full 25bp hike for December, keeping FX volatility […] - [Canadian Dollar: Recovery not just about Oil – Commerzbank](https://todaymarkets.com/canadian-dollar-recovery-not-just-about-oil-commerzbank/): Commerzbank’s Michael Pfister argues Canada’s recent economic improvement is not solely driven by higher Oil and gas prices linked to the Iran conflict. He notes real energy exports bottomed last August and have risen steadily, while labour market and GDP data show services and non-energy sectors leading the upturn. He concludes sustainable Canadian growth and […] - [Japanese Yen: BoJ hike expectations support JPY against US Dollar - MUFG](https://todaymarkets.com/japanese-yen-boj-hike-expectations-support-jpy-against-us-dollar-mufg/): MUFG’s Lee Hardman notes the Japanese Yen has strengthened modestly as markets anticipate a faster pace of Bank of Japan policy tightening. A Bloomberg report suggests Prime Minister Takaichi’s government supports a near-term BoJ hike, likely in September or October, while Kyodo highlights that joint FX intervention was enabled by Governor Ueda’s hawkish stance. Rising […] - [Chart of The Day - GBP/USD down on slower UK GDP growth! Unbreakable sideways trend?](https://todaymarkets.com/chart-of-the-day-gbp-usd-down-on-slower-uk-gdp-growth-unbreakable-sideways-trend/): The pound snaps its winning streak following the release of the latest UK GDP data. Economic growth slowed noticeably, although June figures point to a fairly resilient consumer. UK bond yields remain largely unchanged, but GBP/USD—trapped in consolidation—found a reason to resume its decline after bouncing off immediate resistance. Technical Analysis: GBPUSD (D1) GBP/USD is […] - [Australian Dollar: Upside risk intact above 0.7025 against US Dollar – UOB](https://todaymarkets.com/australian-dollar-upside-risk-intact-above-0-7025-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report AUD/USD briefly broke above 0.7075 to 0.7091 before retreating to close almost unchanged at 0.7063. They expect a 0.7050–0.7085 intraday range, but keep an upside bias over 1–3 weeks as long as the pair holds above 0.7025, with potential for a move toward 0.7100 if […] - [Brent Halts 6-Day Rally](https://todaymarkets.com/brent-halts-6-day-rally/): Brent crude fell below $88 a barrel on Thursday, ending a six-session rally as investors shifted their focus toward weakening demand prospects and continued disruption around the Strait of Hormuz. The International Energy Agency lowered its global oil demand outlook, warning that the prolonged Middle East conflict and higher prices are increasingly weighing on consumption. […] - [Swiss Franc: Soft profile sustained on SNB stance – OCBC](https://todaymarkets.com/swiss-franc-soft-profile-sustained-on-snb-stance-ocbc/): OCBC’s Sim Moh Siong and Christopher Wong highlight that the Swiss Franc (CHF) has weakened toward their year-end EUR/CHF target of 0.94, making it a preferred funding currency for carry trades. With domestic inflation subdued and near-term imported inflation risks limited, they expect the Swiss National Bank (SNB) to keep rates at zero for the rest of […] - [Norwegian Krone: Dovish risks but bullish view against Euro – ING](https://todaymarkets.com/norwegian-krone-dovish-risks-but-bullish-view-against-euro-ing/): Francesco Pesole at ING sees some downside risks for the Norwegian Krone from Norges Bank’s meeting, as benign CPI‑ATE prints could tilt communication slightly less hawkish. He still expects rates to stay at 4.25% today and another hike later this year, but is less convinced about multiple moves. Despite limited upside for front‑end NOK rates, […] - [Russian Ruble: Trade boost from Oil seen fading – Commerzbank](https://todaymarkets.com/russian-ruble-trade-boost-from-oil-seen-fading-commerzbank/): Commerzbank’s Tatha Ghose reports Russia’s June merchandise trade surplus rose to USD 12.5bn, up over 50% year-on-year, as higher Oil prices and improved Urals pricing supported exports. IMF trade data confirm a jump in exports and surplus by April, but he cautions the improvement is not trend-altering and may fade as export prices ease. With […] - [US Dollar: Fed-driven hedge rebuilding revives selling pressure – BNY](https://todaymarkets.com/us-dollar-fed-driven-hedge-rebuilding-revives-selling-pressure-bny/): BNY’s Geoff Yu argues that the July Fed meeting marked a peak in Dollar dehedging rather than an end to U.S. exceptionalism. Cross-border investors are rebuilding USD hedges, reducing effective unhedged U.S. exposure while maintaining broadly solid underlying demand for U.S. assets. Dollar selling is concentrated against GBP, EUR and CAD, while JPY and CNY remain notable […] - [Iron Ore Falls on Demand Worries](https://todaymarkets.com/iron-ore-falls-on-demand-worries/): Iron ore futures declined toward CNY 700 per ton, approaching 14-month lows as weak profitability among Chinese steelmakers continues to constrain the potential for a meaningful recovery in ore demand. Recent data also showed China imported 108.086 million tons of iron ore and concentrates in July, down 4.09% from June but still 3.5% higher than […] - [Aluminum Extends Decline](https://todaymarkets.com/aluminum-extends-decline/): Aluminum futures in the UK fell to around $3,270 per tonne, retreating further from a seven-week high, after Emirates Global Aluminium reaffirmed its timeline to restore full production at the Al Taweelah smelter by Q1 next year, easing concerns over supply from the Gulf. The company was forced to cut output after the smelter was […] - [Equities: AI rally and CPI relief lift US stocks – Deutsche Bank](https://todaymarkets.com/equities-ai-rally-and-cpi-relief-lift-us-stocks-deutsche-bank/): Deutsche Bank strategists highlight that the S&P 500 closed just below its record high as US CPI data reduced urgency for further Federal Reserve hikes. Front-end Treasuries rallied and semiconductor strength supported equities, while volatility fell to its lowest level since January. They note that AI-related names and broader US indices continue to benefit from […] - [Indian Rupee: Contained inflation supports RBI pause – Commerzbank](https://todaymarkets.com/indian-rupee-contained-inflation-supports-rbi-pause-commerzbank/): Commerzbank’s FX team notes India’s July CPI rose slightly to 4.5% year-on-year but stayed within the Reserve Bank of India’s target band, with core inflation steady at 3.9%. The bank expects RBI to keep the repo rate at 5.25% as food and energy pressures remain contained, while FX reserves near USD693bn give ample scope to […] - [Oil: Supply disruptions raise deficit risks – ING](https://todaymarkets.com/oil-supply-disruptions-raise-deficit-risks-ing/): ING analysts Warren Patterson and Ewa Manthey note Oil prices have eased, with Brent crude ending largely flat as US-Iran talks remain in deadlock and Russian port infrastructure escapes major damage. EIA data showed a large US crude inventory build, while International Energy Agency (IEA) and OPEC (Organization of Petroleum Exporting Countries) forecasts diverge on 2026 demand […] - [Euro: Range phase after failed upside break against US Dollar – UOB](https://todaymarkets.com/euro-range-phase-after-failed-upside-break-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD briefly spiked to 1.1562 on the US CPI release before reversing to 1.1524. They now see further pullback risks contained within 1.1510–1.1545 intraday and judge that upward momentum has faded, with the pair likely to range-trade between 1.1480 and 1.1580 over the coming […] - [Gold weakens further below $4,400 as USD sticks to gains amid Fed bets, Iran tensions](https://todaymarkets.com/gold-weakens-further-below-4400-as-usd-sticks-to-gains-amid-fed-bets-iran-tensions/): Gold (XAU/USD) extends its intraday retracement slide from the highest level since June 5, around the $4,450 area touched earlier this Thursday, and slides further below the $4,400 mark heading into the European session. The initial market reaction to signs of moderating US inflation fades quickly as investors remain worried that higher energy prices will […] - [Soybeans Sideways Near Multi-Week Lows](https://todaymarkets.com/soybeans-sideways-near-multi-week-lows/): Soybean futures hovered below $1,160 per bushel, trading in a sideways range near multi-week lows as markets weighed a lower US yield forecast against expectations for a record crop. The USDA cut its 2026 soybean yield estimate to 52.7 bushels per acre from 53, reflecting the impact of extreme heat and dryness in parts of […] - [Corn Holds at 2-Week Top](https://todaymarkets.com/corn-holds-at-2-week-top/): Corn futures traded above $4.5 per bushel, staying near a two-week high as strong demand and tighter supply forecasts supported prices. The USDA raised its 2025/26 US corn export forecast by 75 million bushels to a record 3.4 billion, citing robust demand from Mexico and other major importers. It also lifted the 2026/27 export outlook […] - [Copper Slips as China Demand Slows](https://todaymarkets.com/copper-slips-as-china-demand-slows/): Copper futures fell below $6.55 per pound on Thursday, reaching an over one-week low as elevated prices weakened demand and discouraged buyers in top consumer China. The Yangshan premium, which reflects the premium paid above the benchmark LME copper price for refined copper imported into China, declined to $96 per ton after reaching $115 a […] - [Gold gains 1.5%](https://todaymarkets.com/gold-gains-1-5/): Precious metals rise following U.S. CPI data Gold prices are up more than 1.5% and remain close to their highest levels in around two months following the release of the July U.S. CPI report. The data came in line with expectations: headline CPI rose 0.1% m/m and 3.4% y/y, while core inflation stood at 0.2% […] - [Brazil: Lula victory could deepen fiscal risks - Societe Generale](https://todaymarkets.com/brazil-lula-victory-could-deepen-fiscal-risks-societe-generale-2/): Societe Generale analysts Brendan McKenna and Dev Ashish outline scenarios for Brazil’s 2026 election, assigning a 65% probability to President Lula winning a fourth term and 30% to Flavio. They argue another Lula administration would feature loose fiscal policy, rising debt and continued state intervention, with congress composition crucial for Brazil’s debt trajectory and broader […] - [Emerging Markets: Steepening Treasuries curb appeal – BNY](https://todaymarkets.com/emerging-markets-steepening-treasuries-curb-appeal-bny/): BNY’s Geoff Yu reports that sovereign bonds from commodity-based EM economies have seen accelerated selling after the Fed decision, despite a weaker Dollar and lower U.S. real yields. South Africa failed to attract inflows even with higher Gold prices, as EM duration remains challenged by insufficient nominal yields, inflation risks and fiscal stress versus comfortable U.S. yield […] - [US Dollar: Bearish momentum extends after CPI – TD Securities](https://todaymarkets.com/us-dollar-bearish-momentum-extends-after-cpi-td-securities/): TD Securities strategists note that July US inflation came in broadly in line with expectations, with headline CPI rising 0.1% m/m and core CPI increasing 0.2% m/m. They see contained tariff pass-through and signs of normalization in services inflation as reducing the need for tighter Federal Reserve policy, while maintaining their view that the Fed will keep […] - [Brazil: Lula victory could deepen fiscal risks - Societe Generale](https://todaymarkets.com/brazil-lula-victory-could-deepen-fiscal-risks-societe-generale/): Societe Generale analysts Brendan McKenna and Dev Ashish outline scenarios for Brazil’s 2026 election, assigning a 65% probability to President Lula winning a fourth term and 30% to Flavio. They argue another Lula administration would feature loose fiscal policy, rising debt and continued state intervention, with congress composition crucial for Brazil’s debt trajectory and broader […] - [British Pound: Improving sentiment supports gains against US Dollar – Scotiabank](https://todaymarkets.com/british-pound-improving-sentiment-supports-gains-against-us-dollar-scotiabank/): Scotiabank strategists Shaun Osborne and Eric Theoret report the British Pound (GBP) is posting fractional gains versus the US Dollar (USD) and outperforming G10 peers as improving sentiment supports price action. They point to Thursday’s United Kingdom (UK) data, including Q2 Gross Domestic Product (GDP) and production figures, as key. Short-term technicals are bullish, with RSI at […] - [Was Michael Burry wrong Nebius shares jump 16% after earnings report](https://todaymarkets.com/was-michael-burry-wrong-nebius-shares-jump-16-after-earnings-report/): Shares in Nebius Group (NBIS.US) soared by over 14–16% in pre-market trading, reaching around $225.30 (having previously closed at $193.23). The key drivers behind this surge were strong second-quarter financial results and a significant upward revision to operational forecasts, which far exceeded market expectations. The company’s current pre-market share price. Source: Yahoo Finance What surprised […] - [Trade of the Day: US100](https://todaymarkets.com/trade-of-the-day-us100-4/): Facts Recommendation Figure 1: US100 (29.10.2025 – 12.08.2026) Source: xStation, 12.08.2026 (1:39 PM) Opinion The July US inflation reading yielded no surprises. Both measures remained consistent with expectations, on both an annual and monthly basis. For the market, however, this proved sufficient to sustain dovish repricing regarding the projected path of Federal Reserve interest rates. […] - [CoreWeave earnings: Reassured shareholders, double-digit gains](https://todaymarkets.com/coreweave-earnings-reassured-shareholders-double-digit-gains/): The “neo-cloud” company published its results for the latest quarter. The stock has suffered severe losses on the chart over recent months; since June alone, it is down about 50%. The sell-off was driven by growing doubts about investments in AI and, above all, who will ultimately be the real beneficiary. While the business model […] - [Lumentum earnings: The photonics industry is accelerating thanks to AI](https://todaymarkets.com/lumentum-earnings-the-photonics-industry-is-accelerating-thanks-to-ai/): Lumentum’s Q2 FY2026 earnings call went clearly better than expected, and an even bigger positive surprise was the outlook for the coming months. The optical components manufacturer is benefiting from a further sharp rise in investment in AI data centers, which is driving demand for optical switches and advanced lasers. The company’s shares are up […] - [Crypto News: Bitcoin Is Building a Bottom but Still Lags Wall Street. Have Whales Stopped Selling?](https://todaymarkets.com/crypto-news-bitcoin-is-building-a-bottom-but-still-lags-wall-street-have-whales-stopped-selling/): Key takeaways Bitcoin is attempting to regain its footing after a weak start to the year. There are early signs that the most aggressive phase of selling pressure may already be behind us. Nevertheless, the crypto market remains weak. According to CoinShares, the largest BTC holders have shifted from selling to accumulation, while crypto funds […] - [US Inflation Slows as Core CPI Matches Forecast at 2.5%](https://todaymarkets.com/us-inflation-slows-as-core-cpi-matches-forecast-at-2-5/): US Annual Core Inflation Matches Forecasts at 2.5% The US core inflation rate, excluding volatile food and fuel costs, eased for the second month to 2.5% in July 2026, the lowest in five months, matching market forecasts. On a monthly basis, core consumer prices rose by 0.2% in July, after being flat in the prior […] - [Morgan Stanley Issues a “Space-Age” Forecast for SpaceX. Norges Bank Reveals Its Position](https://todaymarkets.com/morgan-stanley-issues-a-space-age-forecast-for-spacex-norges-bank-reveals-its-position/): SpaceX is up just under 1% ahead of the U.S. market open after Norges Bank disclosed a position of 7.3 million shares in the company. Elon Musk’s flagship business is becoming increasingly difficult to analyze solely through the lens of rockets and Starlink. Since its stock market debut, a growing part of the valuation debate […] - [Why is the Japanese Yen stuck near 159.25 after the first joint US-Japan intervention since 2011?](https://todaymarkets.com/why-is-the-japanese-yen-stuck-near-159-25-after-the-first-joint-us-japan-intervention-since-2011/): The Japanese Yen (JPY) continues to navigate complex market dynamics, consolidating near the 159.25 level against the US Dollar (USD) following a sharp upward push. While technical momentum keeps short-term upside risks alive for the currency pair, the fundamental backdrop has been reshaped by rare, coordinated foreign exchange intervention between Japanese authorities and the United States. As valuation gaps […] - [Japanese Yen: Intervention doubts as flows favor US Dollar – BNY](https://todaymarkets.com/japanese-yen-intervention-doubts-as-flows-favor-us-dollar-bny/): BNY’s Wee Khoon Chong highlights that institutional investors bought Dollar and sold Japanese Yen after the June BoJ hike, and again following late-July joint intervention to weaken USD/JPY. Despite official action, real money treated the move as a USD/JPY buying opportunity. Chong questions the durability of FX interventions as USD/JPY trades lower with long-end JGB […] - [Steel Rebounds from 1-Year Low](https://todaymarkets.com/steel-rebounds-from-1-year-low/): Steel rebar futures in China rose above CNY 3,000 per tonne, rebounding from the one-year low of CNY 2,085 on August 3rd, tracking support for other ferrous metals amid a momentary dip in iron ore supply to Chinese furnaces. More workers joined BHP’s Port Hedland strike in iron ore operations. The suspension in operations on […] - [Euro: Soft US CPI could support gains against US Dollar – ING](https://todaymarkets.com/euro-soft-us-cpi-could-support-gains-against-us-dollar-ing/): Chris Turner at ING notes EUR/USD remains lacklustre despite better Eurozone data and upside surprises, as high European natural gas prices and Gulf tensions weigh on the Euro. He argues that a soft US CPI print could allow EUR/USD to challenge last week’s 1.1580 high, though further gains may be limited by upcoming data and the […] - [Canadian Dollar: Looks to extend recovery against US Dollar – Societe Generale](https://todaymarkets.com/canadian-dollar-looks-to-extend-recovery-against-us-dollar-societe-generale/): Societe Generale’s Kenneth Broux highlights that the Canadian Dollar has recovered to its strongest level in two months, with USD/CAD mean‑reverting to 1.3933 from 1.4248. The pair now trades close to fair value on 2‑year spread models, and a test of 1.3900 would mark a 50% retracement of the May–June rally, helped by stronger WTI and reduced […] - [US Dollar: CPI-driven range signals carry focus – OCBC](https://todaymarkets.com/us-dollar-cpi-driven-range-signals-carry-focus-ocbc/): OCBC’s Sim Moh Siong and Christopher Wong highlight that the US Dollar (USD) stayed mixed as markets waited for the key United States (US) Consumer Price Index (CPI) release, with Middle East tensions and hawkish Federal Reserve (Fed) rhetoric offsetting each other. They expect CPI to be pivotal for September FOMC pricing, while a rangebound Dollar and […] - [Wheat Jumps as Black Sea Supply Risks Mount](https://todaymarkets.com/wheat-jumps-as-black-sea-supply-risks-mount/): Wheat prices surged more than 3% to above $6.50 per bushel on Wednesday, moving closer to the two-year high of $7.08 reached on July 22, as concerns over Black Sea supply disruptions intensified. Prices jumped after reports that major Ukrainian drone attacks had halted operations at a grain terminal in Novorossiysk, Russia’s leading Black Sea […] - [Oil: Hormuz risk supports prices – Commerzbank](https://todaymarkets.com/oil-hormuz-risk-supports-prices-commerzbank/): Commerzbank’s Charlie Lay and Dr. Henry Hao note that Brent and WTI firmed as markets reassessed prospects for a Hormuz deal, with the previous close at USD88.91 for Brent and USD83.20 for WTI. Iran insists the Strait of Hormuz will stay closed until its conditions are met, while elevated geopolitical risks could keep energy markets […] - [British Pound: Budget uncertainty leaves Sterling vulnerable against Euro - Rabobank](https://todaymarkets.com/british-pound-budget-uncertainty-leaves-sterling-vulnerable-against-euro-rabobank/): Rabobank’s Senior FX Strategist Jane Foley outlines a cautious stance on UK fiscal prospects and their impact on EUR/GBP. The Burnham government’s planned flexibility in fiscal rules and higher infrastructure spending could mean more gilt supply and tax speculation. Foley sees ongoing market nervousness into autumn and prefers buying EUR/GBP on dips toward 0.85, with […] - [Indian Rupee: CPI and RBI repo rate risk skew higher – MUFG](https://todaymarkets.com/indian-rupee-cpi-and-rbi-repo-rate-risk-skew-higher-mufg/): MUFG’s Michael Wan notes India’s Consumer Price Index (CPI) is expected to edge up to 4.4% year-on-year from 4.3%. Reserve Bank of India (RBI) Governor Sanjay Malhotra said inflation is largely under control, supporting expectations for rates to stay on hold near term. Wan still anticipates policy rates to rise, shifting its projected 50bps hikes […] - [Brazilian Real: Politics weighs but carry supports – ING](https://todaymarkets.com/brazilian-real-politics-weighs-but-carry-supports-ing/): ING’s Chris Turner reports the Brazilian Real (BRL) underperformed in an otherwise supportive carry environment after a bank downgraded Brazilian equities and a new poll showed President Lula widening his lead ahead of October elections. He sees this as the first real political hit to BRL but expects high implied yields and Brazil’s net energy […] - [Mexican Peso: Bullish trend resumes against US Dollar - Societe Generale](https://todaymarkets.com/mexican-peso-bullish-trend-resumes-against-us-dollar-societe-generale/): Societe Generale’s Kenneth Broux highlights that USD/MXN failed to clear its 200‑day moving average, keeping downside momentum intact. The pair is attempting to break the lower end of a multi‑month range, with resistance at 17.17 and projected downside objectives at 16.65 and 16.50/16.25. Carry demand and low volatility continue to support the Mexican Peso in […] - [Japanese Yen: Remains vulnerable against US Dollar - UOB](https://todaymarkets.com/japanese-yen-remains-vulnerable-against-us-dollar-uob/): UOB’s Quek Ser Leang and Lee Sue Ann observe USD/JPY consolidating near 159.25 after Monday’s sharp rise, with intraday trade expected between 158.95 and 159.60. While momentum is strong, deeply overbought conditions limit upside beyond 159.60. Over the next 1–3 weeks, the bias remains tilted to the upside within a broader 157.00–160.20 range, with medium-term […] - [Palladium Holds Near 2-Month High](https://todaymarkets.com/palladium-holds-near-2-month-high/): Palladium futures climbed toward $1,370 per ounce, remaining near more than two-month highs as reduced expectations for a Federal Reserve rate hike and broader strength across precious metals supported demand. Markets price in about a 50% chance of a September Fed hike, down from 60% before last week’s weaker-than-expected US jobs report, with lower rates […] - [XAU has seen the fastest gains since the start of the year](https://todaymarkets.com/xau-has-seen-the-fastest-gains-since-the-start-of-the-year/): Gold is once again attracting investors’ attention, reaching its highest levels in 10 weeks ahead of today’s key US inflation figures. The price of gold rose by nearly 1% today to $4,407 per ounce. As the daily chart shows, the price is currently around 4,407.00, having successfully broken above the downtrend line and the moving […] - [Chart of the Day: EURUSD Awaits US CPI. Inflation Could Determine the Fed’s Next Move](https://todaymarkets.com/chart-of-the-day-eurusd-awaits-us-cpi-inflation-could-determine-the-feds-next-move/): Wednesday’s EURUSD session is primarily focused on anticipation of the day’s most important release: US CPI inflation data. Today’s reading could play a major role in determining how the market prices the Federal Reserve’s next meeting. In recent days, expectations for further rate hikes in the US have clearly weakened. The main reason has been […] - [US Inflation Rate Expected to Slow for 2nd Month](https://todaymarkets.com/us-inflation-rate-expected-to-slow-for-2nd-month/): The annual inflation rate in the US is expected to slow for a second consecutive month to 3.4% in July 2026, from 3.5% in June, easing further from the 2023 high of 4.2% reached in May. On a monthly basis, the CPI is forecast to rise 0.1%, rebounding from a 0.4% decline in June, which […] - [Brent Extends Gains on Hormuz Uncertainty](https://todaymarkets.com/brent-extends-gains-on-hormuz-uncertainty/): Brent crude strengthened above $89 per barrel on Wednesday, advancing for a sixth straight session as investors weighed conflicting signals surrounding a potential agreement between the US and Iran. President Donald Trump said the US had “total control over the Strait of Hormuz” as negotiations over the key waterway remain deadlocked. The increasingly confrontational rhetoric […] - [FTSE Trades at Weekly Lows While The DAX Advances](https://todaymarkets.com/ftse-trades-at-weekly-lows-while-the-dax-advances/): FTSE 100 Trades at Over 1-Week Low The FTSE 100 traded within a narrow range of less than 0.5% in either direction for a 10th consecutive session, slipping to a more than one-week low as investors remained cautious amid uncertainty over a potential Middle East peace deal. The US and Iran appeared to harden their […] - [US Inflation Key for Markets — Today’s Most Important Data Release of the Week](https://todaymarkets.com/us-inflation-key-for-markets-todays-most-important-data-release-of-the-week/): Wednesday’s trading session in financial markets will be dominated by key consumer inflation (CPI) releases. The main focus for global investors will be this afternoon’s US CPI reading for July. The data will have a direct impact on expectations for the Federal Reserve’s interest-rate path at upcoming meetings. Earlier in the day, markets will assess […] - [XAG/USD rises to near $65.40 with US inflation in focus](https://todaymarkets.com/xag-usd-rises-to-near-65-40-with-us-inflation-in-focus/): Silver price (XAG/USD) trades 1.1% higher at around $65.40 during the Asian trading session on Wednesday. The white metal reflects strength ahead of the United States (US) Consumer Price Index (CPI) data for July, which will be published at 12:30 GMT. According to estimates, the US headline CPI grew at an annual pace of 3.4%, […] - [WTI Price - Bulls retain control near 38.2% Fibo.; move beyond $83.00 awaited](https://todaymarkets.com/wti-price-bulls-retain-control-near-38-2-fibo-move-beyond-83-00-awaited/): West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts buyers for the third straight day and trades just below the $83.00 mark during the Asian session on Wednesday, close to a nearly two-week high set the previous day. An advisor to Iran’s Supreme Leader Mojtaba Khamenei said on Tuesday that the […] - [Politics in Brazil more important than high rates. Why is the BRL weakening and what does it mean for commodities?](https://todaymarkets.com/politics-in-brazil-more-important-than-high-rates-why-is-the-brl-weakening-and-what-does-it-mean-for-commodities/): Anatomy of the BRL weakness: Politics eats into carry trade Although the Brazilian real offers an exceptionally attractive real interest rate reaching almost 10% (the Selic rate is 14% with inflation at 4.44%), the currency is under strong selling pressure, despite the generally positive sentiment for Latin American currencies. The main trigger is the growing […] - [Asian Stocks Mostly Rise](https://todaymarkets.com/asian-stocks-mostly-rise/): Asian equity markets mostly advanced on Wednesday, led by a more than 4% surge in South Korea’s KOSPI Composite Index as SK Hynix and Samsung Electronics rallied following reports that Singaporean state-owned investment firm Temasek Holdings plans to acquire stakes in the two companies. Sentiment was further supported by upbeat outlooks from CoreWeave and Super […] - [European Gas Holds Losses as Traders Assess Hormuz Developments](https://todaymarkets.com/european-gas-holds-losses-as-traders-assess-hormuz-developments/): European natural gas prices hovered around €60 per MWh on Wednesday after falling in the previous session, as traders assessed diplomatic aimed at reaching a Middle East deal that could pave the way for the resumption of LNG shipments through the Strait of Hormuz. Pakistan’s defense minister said the US and Iran were “close to […] - [Gasoline Rises to 2-Week High](https://todaymarkets.com/gasoline-rises-to-2-week-high/): US gasoline futures rose to around $3.16 per gallon on Wednesday, a two-week high, tracking gains in crude prices as markets assessed the viability of efforts toward a potential deal on the Strait of Hormuz. Pakistan’s defense minister said the US and Iran are “close to some sort of arrangement” over the waterway, while Iran-Oman […] - [Heating Oil Approaches 4-Month High](https://todaymarkets.com/heating-oil-approaches-4-month-high/): US heating oil futures advanced toward $4.30 per gallon on Wednesday, approaching a four-month high amid mounting concerns over tight distillate supplies. Yemen’s Houthis recently attacked Saudi Arabia’s Jazan refinery, which has been shut since July 27 following an earlier strike by the group. Plans to restart the facility have since been postponed from August […] - [Palm Oil Retreats on Ample Supplies, Profit-Taking](https://todaymarkets.com/palm-oil-retreats-on-ample-supplies-profit-taking/): Malaysian palm oil futures eased, slipping below MYR 4,720 per tonne as profit-taking set in after a two-week high. Losses tracked declines in edible oils on the Dalian exchange and were compounded by signs of ample supply: July inventories rose 3.32% to 2.63 million tonnes, while output surged 9.41% to 1.79 million tonnes. Softer Chinese […] - [Commodity Talk - Oil, Gold, Natgas, Emiss](https://todaymarkets.com/commodity-talk-oil-gold-natgas-emiss/): Oil: Crude oil and crack spread Volatility in the crude oil market is growing, and the crack spread remains at a high level, which highlights the tense situation in the fuel market. Currently, the challenge is not access to the oil itself, but the supply of petroleum products. Source: Bloomberg Finance LP, XTB Oil benchmarks […] - [Singapore: Strong growth momentum defies risks – DBS](https://todaymarkets.com/singapore-strong-growth-momentum-defies-risks-dbs/): DBS Group Research economist Chua Han Teng highlights that Singapore’s economy is set to deliver above-trend growth for a third straight year in 2026, supported by manufacturing, wholesale trade and financial services. Following a robust 2Q26 performance and the ongoing global AI boom, DBS raises its 2026 real GDP growth forecast to 5.0%, noting MTI’s […] - [Gold: ETF inflows and sceptical outlook – Commerzbank](https://todaymarkets.com/gold-etf-inflows-and-sceptical-outlook-commerzbank/): Commerzbank’s Carsten Fritsch notes Gold breaking above USD 4,400 per ounce despite a sharp Oil rally, with Fed rate expectations only modestly higher after weak US labour data. ETF investors added 14.5 tons over four days, and global Gold ETFs saw July inflows of 23.5 tons, mainly in Europe and Asia. Fritsch remains sceptical that Gold can […] - [Australian Dollar: RBA holds hawkish bias with steady rates – ING](https://todaymarkets.com/australian-dollar-rba-holds-hawkish-bias-with-steady-rates-ing/): ING’s Chris Turner reports that the Reserve Bank of Australia kept rates at 4.35%, while Governor Michele Bullock delivered a hawkish message, stressing upside inflation risks and revealing that a hike was discussed. Short-dated Australian yields reversed higher. ING’s FX team does not expect further RBA hikes this year but still projects AUD/USD rising toward 0.73 by […] - [Trade of The Day: AUS/USD](https://todaymarkets.com/trade-of-the-day-aus-usd/): Facts Recommendation Source: xStation5 Opinion The AUDUSD exchange rate has been moving in an uptrend since early July, reinforced by the dovish tone of the July FOMC meeting. Currently, the swap market prices in roughly a 50% chance of a September rate hike, marking a sharp decline from expectations prior to the Fed’s latest decision […] - [Cocoa loses 4% amid news from Ghana. What's next for the market?](https://todaymarkets.com/cocoa-loses-4-amid-news-from-ghana-whats-next-for-the-market/): Key takeaways ICE cocoa futures have come under pressure today, falling 4% following new developments from Ghana, as the market sees scope for improved financing of bean purchases in the world’s second-largest cocoa-producing country. COCOBOD plans to begin issuing debt on the domestic market later in August, moving away from the foreign syndicated-loan model that […] - [Japanese Yen: Wider range with intervention support against US Dollar – HSBC](https://todaymarkets.com/japanese-yen-wider-range-with-intervention-support-against-us-dollar-hsbc/): HSBC strategists discuss the sharp post-intervention drop following coordinated action by Japan’s Ministry of Finance and the US Treasury. They argue that joint intervention is more effective than unilateral moves but unlikely to change the broader trend without improved Japanese fundamentals. They expect USD/JPY to remain mostly range-bound, potentially in a wider band, and stay […] - [Crude Oil Extends Rally on US-Iran Deal Uncertainty](https://todaymarkets.com/crude-oil-extends-rally-on-us-iran-deal-uncertainty/): Crude oil rose above $83 per barrel on Tuesday, extending gains for a fourth consecutive session as hopes for a US-Iran agreement to fully reopen the Strait of Hormuz continued to fade. President Donald Trump introduced new demands on Tehran, further complicating negotiations over the strategic waterway. Trump said that Iran would be required to […] - [Aluminum Rises to Near 2-Month High](https://todaymarkets.com/aluminum-rises-to-near-2-month-high/): Aluminum futures in the UK rose to $3,380 per tonne in August, the highest in nearly two months, on declining supply from key producers. The Alunorte plant in Brazil, the world’s largest alumina plant outside of China, was forced to cut operations to half capacity amid the lack of natural gas from its supplier. The […] - [Gold Rally hits pause near $4,440 with US CPI in focus](https://todaymarkets.com/gold-rally-hits-pause-near-4440-with-us-cpi-in-focus/): Gold price (XAU/USD) trades 0.26% lower at around $4,380 during the European trading session on Tuesday. The precious metal comes off the two-month high of $4,435 posted earlier in the day, as oil prices have rallied further due to escalated uncertainty surrounding the reopening of the Strait of Hormuz, a vital passage to almost 20% […] - [Brent: Inflation risks rise with Hormuz standoff – Deutsche Bank](https://todaymarkets.com/brent-inflation-risks-rise-with-hormuz-standoff-deutsche-bank/): Deutsche Bank strategists highlight that Brent Oil has broken above $85, closing near $88 as the Strait of Hormuz remains shut and rhetoric between the US and Iran escalates. They notes a fourth straight Brent rally, higher 6‑month futures, and rising Euro inflation swaps, all feeding renewed speculation on more hawkish Federal Reserve (Fed) and European Central […] - [Federal Reserve: Dovish repricing on data and inflation focus – BNY](https://todaymarkets.com/federal-reserve-dovish-repricing-on-data-and-inflation-focus-bny/): John Velis at BNY Markets reiterates that he expects no Federal Reserve rate hikes this year, even as risks remain skewed to the upside. A weak US jobs report has reduced the implied probability of a September hike and trimmed tightening priced along the curve, but upcoming CPI and PPI releases remain central to the […] - [Australian Dollar: RBA keeps door open – Rabobank](https://todaymarkets.com/australian-dollar-rba-keeps-door-open-rabobank/): Rabobank’s Senior Macro Strategist Bas van Geffen reports that the Australian Dollar (AUD) slipped briefly after the RBA left its policy rate unchanged, as markets interpreted the statement and downgraded growth and inflation forecasts as dovish. Governor Bullock later stressed that another hike is “quite possible” and that the economy remains above capacity, while Rabobank’s Australia strategist […] - [Energy Leads Gains in Europe, ASML Rebounds While Alcon Rises 4% After Earnings](https://todaymarkets.com/energy-leads-gains-in-europe-asml-rebounds-while-alcon-rises-4-after-earnings/): Key takeaways European indices remain close to all-time highs, but rising geopolitical tensions in the Middle East continue to limit investors’ risk appetite. The deadlock in negotiations over the Strait of Hormuz has pushed oil prices higher again, increasing the risk of persistent inflationary pressures. At the same time, the earnings season is revealing growing […] - [US Dollar: Volatility sinks as carry trades hold – ING](https://todaymarkets.com/us-dollar-volatility-sinks-as-carry-trades-hold-ing/): ING’s Chris Turner notes that FX volatility is falling as investors appear comfortable with the Federal Reserve holding or potentially tightening rates in September. He highlights limited impact from upcoming US CPI on carry trades, but warns that higher US Treasury yields and heavy tech-sector issuance could threaten the benign backdrop. DXY is seen staying in a tight 99.50-100.00 […] - [Japanese Yen: Yield outlook fails to lift Yen – Societe Generale](https://todaymarkets.com/japanese-yen-yield-outlook-fails-to-lift-yen-societe-generale/): Societe Generale strategists note the Japanese Yen (JPY) remains the main G10 laggard despite higher domestic yields and Bank of Japan (BoJ) tightening. With the 10-year JGB potentially rising toward 3.50% as further 75bp of BoJ hikes are expected, FX markets still show limited enthusiasm for the Yen, while USD/JPY trades above the 200-day moving […] - [Australian Dollar : Hawkish hold keeps risks alive – TD Securities](https://todaymarkets.com/australian-dollar-hawkish-hold-keeps-risks-alive-td-securities/): TD Securities’ Prashant Newnaha and Alex Loo note that the Reserve Bank of Australia left the cash rate at 4.35% in a unanimous decision, with the Statement and updated forecasts sounding less hawkish than expected. However, Governor Bullock emphasized that another hike remains possible if upside inflation risks materialize, leaving the Australian Dollar sensitive to incoming data […] - [US Dollar Index Price Forecast: Supported by rising Oil prices](https://todaymarkets.com/us-dollar-index-price-forecast-supported-by-rising-oil-prices/): The US Dollar (USD) extends its Monday recovery move on Tuesday, as rising Oil prices due to prolonged fears of energy supply disruption keep global inflation expectations de-anchored. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades slightly higher to near 99.90. Meanwhile, fears of a […] - [Dow Jones futures slip as US-Iran tensions, rate hike fears weigh on sentiment](https://todaymarkets.com/dow-jones-futures-slip-as-us-iran-tensions-rate-hike-fears-weigh-on-sentiment/): Dow Jones futures decline by 0.11% to trade around 54,000 during European hours on Tuesday. Meanwhile, S&P 500 futures are steady around 7,770 and Nasdaq 100 futures gain 0.12%, trading near 29,770. US stock futures are mixed as traders adopt a cautious stance amid escalating geopolitical tensions. Rising concerns over potential oil supply disruptions have fueled inflation […] - [Hungarian Forint: Near-term gains against Euro before renewed pressure - Commerzbank](https://todaymarkets.com/hungarian-forint-near-term-gains-against-euro-before-renewed-pressure-commerzbank/): Commerzbank’s Tatha Ghose describes recent Forint weakness as a high-beta correction that only partly erases post-election outperformance. He expects EUR/HUF to recover toward 350–355 if global risk sentiment improves, but warns that accelerating core inflation and narrowing real interest rates as MNB cuts will later weigh on HUF, limiting the durability of any interim recovery. […] - [Chart of the Day: USDJPY Rises Again. Intervention Is Not Enough — Markets Await BoJ Action](https://todaymarkets.com/chart-of-the-day-usdjpy-rises-again-intervention-is-not-enough-markets-await-boj-action/): USDJPY is once again moving higher, while the yen is beginning to give back some of the gains it made following the joint intervention by Japan and the United States at the end of July. It was an exceptionally strong response from the authorities, which helped push USDJPY sharply lower in a short period of […] - [UK Gas Prices Rise Further](https://todaymarkets.com/uk-gas-prices-rise-further/): UK natural gas prices extended sharp gains on Tuesday, rising to 151 pence per therm, as the prospect of a deal to reopen the Strait of Hormuz faded amid demands from the US and Iran. President Trump on Monday called for Iran to compensate for people it has killed in conflicts, after Tehran sought compensation […] - [US Heating Oil Extends Rally](https://todaymarkets.com/us-heating-oil-extends-rally/): US heating oil prices extended their rally above $4.20 per gallon, moving back toward a four-month high as prospects for a deal to reopen the Strait of Hormuz dimmed. President Donald Trump made demands on Iran, further dimming hopes for an agreement to reopen the waterway. This followed Iran’s statement that a deal with Oman […] - [Cocoa Gains 1% as Prices Test $6,000 — What Is Fund Positioning Telling Us?](https://todaymarkets.com/cocoa-gains-1-as-prices-test-6000-what-is-fund-positioning-telling-us/): Key takeaways Cocoa futures ( COCOA ) on ICE are volatile today, trading around 1–2% higher near $5,850, as the market once again focuses on supply risks in West Africa. The main concerns relate to the outlook for the 2026/27 crop in Côte d’Ivoire and Ghana, where irregular rainfall, insufficient sunshine, and El Niño-related risks […] - [Trade of The Day - USD/CAD](https://todaymarkets.com/trade-of-the-day-usd-cad/): Facts Recommendation Short position on USDCAD at the market price Opinion Against the backdrop of recent macroeconomic data, the balance of risks for USDCAD may gradually be shifting to the downside. U.S. CPI inflation came in line with expectations and the latest PPI report showed weaker price pressures, while Canada’s July CPI accelerated to 3.0% […] - [Japanese Yen: Intervention risk near 160 highlighted – DBS](https://todaymarkets.com/japanese-yen-intervention-risk-near-160-highlighted-dbs/): Philip Wee of DBS Group Research notes that markets still focus on Japan’s struggle to support the Japanese Yen, while underplaying broader USD implications. He stresses that Washington’s stance gives Tokyo political cover to keep intervention on the table and warns that further operations in USD/JPY cannot be ruled out around or above the pivotal […] - [Japan: BoJ path questioned on weak demand – Societe Generale](https://todaymarkets.com/japan-boj-path-questioned-on-weak-demand-societe-generale/): Societe Generale economists Reo Sakida and Jin Kenzaki say Japan’s 2Q GDP data were weaker than expected, with consumption and capex both disappointing. A higher GDP deflator may support near-term BoJ hike expectations, but persistent weakness in private demand could challenge a faster and higher rate path and worsen the debt/GDP ratio through front‑loaded fiscal spending relative […] - [Indian Rupee: RBI move tightens liquidity – BNY](https://todaymarkets.com/indian-rupee-rbi-move-tightens-liquidity-bny/): BNY’s Geoff Yu notes that India’s bonds sold off after the Reserve Bank of India (RBI) unexpectedly advanced closure of its special Dollar deposit window to end-August. The change reduces anticipated Indian Rupee (INR) liquidity, lifts 5-year and 10-year yields, and may slow reserve accumulation and Rupee appreciation as authorities grow wary of future liabilities and forward-premium […] - [United States: Sideways growth and sticky inflation – TD Securities](https://todaymarkets.com/united-states-sideways-growth-and-sticky-inflation-td-securities/): TD Securities economists Oscar Munoz and Eli Nir expect US output growth to move sideways in 2025 as the lingering Oil shock and Iran conflict create stagflationary risks, keeping the Fed on hold. They see GDP growth slightly below trend in 2026, with 2.1% Q4/Q4, unemployment near 4.3%, and only gradual disinflation resuming in 2027. Sideways growth with stagflationary […] - [Canadian CPI slightly higher than expected - USD/CAD reacts](https://todaymarkets.com/canadian-cpi-slightly-higher-than-expected-usd-cad-reacts/): Canadian CPI YoY: 3% (Forecast 2.9%, Previous 2.8%). Canada’s headline inflation accelerated to 3% in July, slightly above expectations, mainly because higher Middle East tensions pushed gasoline prices sharply higher. USDCAD weakens after the data. Source: XTB Research, Statiscis Canada, Macrobond Source: xStation5 - [EU chip stocks surge on Anthropic's earnings! AstraZeneca halts trials for lung cancer therapy](https://todaymarkets.com/eu-chip-stocks-surge-on-anthropics-earnings-astrazeneca-halts-trials-for-lung-cancer-therapy/): Indices and Companies Volatility in the Stoxx 50 is concentrated in the technology sector. Source: XTB Research, xStation5 data The Stoxx 50 contract paused near record highs, constrained by a nearly overbought RSI. Source: xStation5 🌍 Economy and Geopolitics 💱 Currencies, Commodities, and Cryptocurrencies The P/E ratio between the European Stoxx 50 and the US […] - [Gold gains and returns to $4,400. Are precious metals betting on a dovish Fed?](https://todaymarkets.com/gold-gains-and-returns-to-4400-are-precious-metals-betting-on-a-dovish-fed/): Gold prices opened the week higher on global markets, with gold rising 0.5% to around $4,400 and extending Friday’s gains, while silver is up nearly 1.5%. Precious metals appear to have responded positively to the latest set of U.S. macroeconomic data. Gold price chart (H4, D1) On the 4-hour chart, gold remains above $4,300 per […] - [Canadian Dollar: CPI and US tariffs weigh on outlook – BBH](https://todaymarkets.com/canadian-dollar-cpi-and-us-tariffs-weigh-on-outlook-bbh/): Brown Brothers Harriman’s (BBH) Elias Haddad expects Canada’s July Consumer Price Index (CPI) to keep core inflation below 2%, reinforcing an extended Bank of Canada (BoC) pause. He flags looming 50% US tariffs on nearly USD 20 billion of Canadian imports as an additional headwind, arguing that anchored core inflation and trade friction leave room […] - [US Dollar: Softer data challenges resilience – MUFG](https://todaymarkets.com/us-dollar-softer-data-challenges-resilience-mufg/): MUFG’s Derek Halpenny and Lee Hardman note that weaker United States (US) data and lower short-term Treasury yields are undermining US Dollar (USD) support, even as the US Dollar Index (DXY) holds above its 200-day moving average near 99.200. They highlight softer retail sales, Nonfarm Payrolls (NFP) and Consumer Price Index (CPI), reduced Federal Reserve […] - [Polish Zloty: Slow NBP hawkish shift weighs on PLN - Commerzbank](https://todaymarkets.com/polish-zloty-slow-nbp-hawkish-shift-weighs-on-pln-commerzbank/): Commerzbank’s Tatha Ghose reports that Polish headline and core inflation have re-accelerated, with seasonally adjusted monthly rates now clearly above target. This makes earlier signals from National Bank of Poland (NBP) Governor Adam Glapinski about possible rate cuts obsolete. However, because the central bank is turning hawkish more slowly than inflation is rising, the development […] - [British Pound: Data-heavy week risks BoE repricing – ING](https://todaymarkets.com/british-pound-data-heavy-week-risks-boe-repricing-ing/): Chris Turner at ING notes that a busier United Kingdom (UK) data calendar, including jobs, wages and July Consumer Price Index (CPI), could challenge the 55bp of Bank of England (BoE) tightening still priced in. ING’s UK economist James Smith expects the data to be too soft to justify that path, which could allow EUR/GBP to move […] - [Is the World Facing a Physical Copper Shortage?](https://todaymarkets.com/is-the-world-facing-a-physical-copper-shortage/): Key takeaways Copper prices in London rose by over 1% at the start of the session to the highest levels of 2026 Copper prices at the start of today’s session continued the dynamic gains that began in late June and early July. Today’s rise brought prices to their highest daily levels since January, but at […] - [Brent Fluctuates on Monday](https://todaymarkets.com/brent-fluctuates-on-monday/): Brent crude oil fluctuated on Monday, rising to $89.30 a barrel before easing to around $88.70, as investors assessed the uncertain outlook for the US-Iran conflict and potential supply disruptions. Renewed fighting in Lebanon and attacks on vessels in the Strait of Hormuz added to concerns that tensions could persist, while stalled negotiations between Washington […] - [Soybeans Near 3-Week Top](https://todaymarkets.com/soybeans-near-3-week-top/): Soybean futures rose above $11.8 per bushel, hitting nearly a three-week high, as firm Chinese demand continued to support prices. According to traders, China had already purchased about 7 million metric tons of US soybeans, while China’s Sinograin said it would auction 360,000 tons of imported soybeans, its fourth sale since late July, in an […] - [British Pound: Uptrend intact toward 1.3600 cap against US Dollar – UOB](https://todaymarkets.com/british-pound-uptrend-intact-toward-1-3600-cap-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang notes GBP/USD invalidated a recent neutral call by breaking above 1.3555 and closing higher near 1.3532. Intraday, the British Pound (GBP) may extend toward 1.3570, with 1.3600 as firm resistance. Over the next 1–3 weeks, the upside bias remains intact while above 1.3495, though gains are expected to stall near […] - [Canada CPI expected to show rising inflation in July](https://todaymarkets.com/canada-cpi-expected-to-show-rising-inflation-in-july/): Canada’s July Consumer Price Index (CPI) figures will be the focus of attention when published on Monday. Indeed, Statistics Canada data will provide markets with an update on price pressures following the Bank of Canada’s (BoC) July 15 gathering, when officials kept the interest rate steady at 2.25%, broadly in line with the consensus among […] - [Japanese Yen: Intervention risks cap losses against US Dollar – OCBC](https://todaymarkets.com/japanese-yen-intervention-risks-cap-losses-against-us-dollar-ocbc/): OCBC’s Sim Moh Siong and Christopher Wong highlight that September Bank of Japan (BoJ) hike odds have risen sharply, but the Japanese Yen (JPY) has reacted only modestly. They argue a sustained Yen recovery likely needs clearer commitment to faster policy normalisation. For now, they expect intervention risks to cap USD/JPY near 160. Yen needs […] - [Economic Calendar: Light Monday may channel the bulls. NYC and housing market data](https://todaymarkets.com/economic-calendar-light-monday-may-channel-the-bulls-nyc-and-housing-market-data/): The new week begins with relative calm on Wall Street. There are no major macroeconomic data releases on the calendar, nor are there any earnings reports from major companies. However, the market continues to be moved by Friday’s series of US data, which once again lowered expectations for Fed interest rate hikes. While investors reacted […] - [EUR/USD at 2-month high! Rate hike bets keep shrinking](https://todaymarkets.com/eur-usd-at-2-month-high-rate-hike-bets-keep-shrinking/): 📊 Indices and Companies 🌍 Economy and Geopolitics 💱 Currencies, Commodities and Cryptocurrencies - [XAG/USD approaches $66.00 favoured by a softer US Dollar](https://todaymarkets.com/xag-usd-approaches-66-00-favoured-by-a-softer-us-dollar/): Silver (XAG/USD) trades on a strong footing on Monday, reaching levels above $65.80 at the European session opening times, after bouncing from the $63.50 area on Friday. Precious metals are being boosted by US Dollar (USD) weakness, as recent US macroeconomic data has curbed hopes of Federal Reserve (Fed) interest rate hikes this year. US data released on […] - [Swedish Krona: Riksbank steady as currency lags – BNY](https://todaymarkets.com/swedish-krona-riksbank-steady-as-currency-lags-bny/): BNY’s Wee Khoon Chong note Sweden’s Riksbank appears comfortable with its current policy stance as inflation stays below target, leaving two hikes in the repo path mainly as a risk acknowledgment. Despite favorable real-rate dynamics, Swedish Krona (SEK) performance is constrained by valuation concerns and a high KIX level. Chong expects the Riksbank to avoid […] - [Equities: Mixed performance across regions – Deutsche Bank](https://todaymarkets.com/equities-mixed-performance-across-regions-deutsche-bank/): Deutsche Bank strategists highlight a mixed global equity picture, with the Nikkei, CSI 300, Shanghai Composite and Hang Seng all advancing, while US equity futures, led by NASDAQ, also point higher. They note that underwhelming domestic growth has weighed on China’s main indices, which are flat year-to-date versus strong gains in the S&P 500, Stoxx […] - [Japanese Yen: Nominal growth underpins cautious strength – Commerzbank](https://todaymarkets.com/japanese-yen-nominal-growth-underpins-cautious-strength-commerzbank/): Commerzbank’s Volkmar Baur says solid nominal growth and higher-than-expected inflation should keep pressure on the Bank of Japan (BoJ) to raise rates again as early as September or October. Alongside a potentially improving fiscal outlook, these factors support a modestly stronger Japanese Yen (JPY) despite continued market caution after recent interventions. Higher inflation keeps BoJ under […] - [British Pound: Data mix limits sustained gains against US Dollar – BBH](https://todaymarkets.com/british-pound-data-mix-limits-sustained-gains-against-us-dollar-bbh/): Brown Brothers Harriman’s (BBH) Elias Haddad says improving United Kingdom (UK) disinflation alongside solid Q2 Gross Domestic Product (GDP) should support the British Pound (GBP) against the US Dollar (USD) and Euro (EUR), but sees limited scope for a lasting rally. With spare capacity allowing markets to trim Bank of England (BoE) hike expectations, upcoming labour, Consumer […] - [Iron Ore Falls on Demand Concerns](https://todaymarkets.com/iron-ore-falls-on-demand-concerns/): Iron ore futures fell toward CNY 700 per ton, hovering near 14-month lows amid persistent concerns over demand in top consumer China. Recent data showed China’s new yuan loans posted a record contraction in July as seasonal factors and weak household credit demand weighed on lending activity. This points to subdued property and infrastructure investment, […] - [UK Natural Gas Rises Further on Supply Risks](https://todaymarkets.com/uk-natural-gas-rises-further-on-supply-risks/): UK natural gas prices rose above 154 pence a therm on Monday, reaching a fresh three-week high amid continued disruption to LNG supplies from the Gulf as US-Iran negotiations stalled. Renewed Israeli strikes against Tehran-backed Hezbollah in Lebanon, along with the latest US threats of additional sanctions on Iran, have further clouded prospects for an […] - [XAU/USD sticks to modest gains around $4,400 amid weaker USD; remains below June 5 high](https://todaymarkets.com/xau-usd-sticks-to-modest-gains-around-4400-amid-weaker-usd-remains-below-june-5-high/): Gold (XAU/USD) struggles to capitalize on modest intraday gains at the start of a new week and remains below its highest level since June 5, which it touched last Thursday. The commodity, however, sticks to a positive bias for the second straight day and currently trades just below the $4,400 mark amid mixed fundamental cues. […] - [Euro: Upside bias targets 1.1590 against US Dollar – UOB](https://todaymarkets.com/euro-upside-bias-targets-1-1590-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang highlights that EUR/USD surged to 1.1585, leaving the Euro (EUR) with a firmer tone against the US Dollar (USD). Intraday, the pair could extend gains toward 1.1590, though 1.1610 is seen as strong resistance. Over 1–3 weeks, EUR/USD is expected to trade with an upside bias while holding above 1.1525, […] - [Bitcoin, Ethereum, Ripple – BTC holds critical support, ETH awaits directional move, XRP weakens](https://todaymarkets.com/bitcoin-ethereum-ripple-btc-holds-critical-support-eth-awaits-directional-move-xrp-weakens/): Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) begin the week on a cautious note after slipping over 3%, 1.5%, and 3.5%, respectively, in the previous week. BTC finds support around the key $62,300 level while ETH continues to trade sideways. Meanwhile, XRP hovers around $1.00, with weakening momentum suggesting deeper losses. Bitcoin finds support around key $62,300 […] - [Heating Oil Hovers Near 4-Month High](https://todaymarkets.com/heating-oil-hovers-near-4-month-high/): US heating oil futures traded near $4.30 per gallon, hovering close to a four-month high, as shipping through the Strait of Hormuz slowed while talks between the US and Iran remained at a standstill. No peace deal between the US and Iran appears in sight, as President Trump signaled plans to intensify economic pressure on […] - [European Gas Climbs as Supply Risks Persist](https://todaymarkets.com/european-gas-climbs-as-supply-risks-persist/): European natural gas prices climbed above €62 per MWh on Monday, hitting a fresh three-week high amid continued disruption to LNG supplies from the Gulf as US-Iran negotiations stalled. Renewed Israeli strikes against Tehran-backed Hezbollah in Lebanon, along with the latest US threats of additional sanctions on Iran, have further clouded prospects for an imminent […] - [Gasoline Holds Near Two-Week High](https://todaymarkets.com/gasoline-holds-near-two-week-high/): US gasoline futures held around $3.18 per gallon, near a more than two-week high, as crude shipments through the Strait of Hormuz slowed while US-Iran negotiations stalled. Prospects for a peace deal remain limited after President Trump signaled plans to increase economic pressure on Tehran, while Treasury Secretary Scott Bessent said new sanctions could be […] - [Wheat Futures Hover Near 1-Month High](https://todaymarkets.com/wheat-futures-hover-near-1-month-high/): Wheat prices traded around $6.7 per bushel in mid-August, remaining at its highest level since July 24, as escalating tensions in the Black Sea continued to fuel concerns over global grain supplies. Russia rejected the prospect of a Black Sea ceasefire with Ukraine, saying it saw no basis for “half-measures” that would provide relief to […] - [US Natural Gas Prices Decline](https://todaymarkets.com/us-natural-gas-prices-decline/): US natural gas prices dropped more than 2% to around $2.66 per million British thermal units on Monday, hovering near three-month lows as robust production and comfortable inventory levels offset weather-driven demand. An EIA report showed energy firms injected 36 bcf of gas into storage in the week ended August 7, larger than expectations of […] - [Copper Jumps on Supply Concerns](https://todaymarkets.com/copper-jumps-on-supply-concerns/): Copper futures jumped above $6.7 per pound on Monday, moving toward fresh record highs amid further signs of tightening global supply. China’s refined copper output is expected to decline for a second consecutive month in August as persistent shortages of copper concentrate and other smelter feedstocks continue to weigh on operating rates, highlighting increasingly tight […] - [Palm Oil Climbs to Highest Level Since April](https://todaymarkets.com/palm-oil-climbs-to-highest-level-since-april/): Malaysian palm oil futures surged over 2% to around MYR 4,820 per tonne, marking their highest level since early April and rebounding from recent weakness. Firmer edible oils on the Dalian exchange lifted sentiment, while bargain hunting added support. Demand prospects improved as India’s edible oil imports hit a 10-month high in July, with refiners […] - [Trader Talk - EUR/USD tried to reverse the trend; Wall Street marked its third consecutive week of gains](https://todaymarkets.com/trader-talk-eur-usd-tried-to-reverse-the-trend-wall-street-marked-its-third-consecutive-week-of-gains/): The main factor driving market volatility : The main driver of the markets remains the US corporate earnings season, which is drawing to a close and has delivered historically strong earnings figures. Earnings growth for the broader market currently stands at nearly 50 per cent year-on-year, confirming solid fundamental support. Investors are digesting this sensational […] - [Three Markets to Watch Next Week](https://todaymarkets.com/three-markets-to-watch-next-week-2/): In the past week, financial markets focused once again on the geopolitical situation, mainly related to the Middle East, but due to the lack of major narrative shifts, investors shifted their focus increasingly toward incoming macroeconomic data. Once again, we saw a series of data releases that should keep the Fed away from potential interest […] - [JPMorgan severs banking ties with Polymarket amid regulatory concerns](https://todaymarkets.com/jpmorgan-severs-banking-ties-with-polymarket-amid-regulatory-concerns/): JPMorgan Chase ended its banking relationship with prediction market platform Polymarket in late 2025 over regulatory concerns, according to a Financial Times report. JPMorgan cuts banking ties with Polymarket The report noted that JPMorgan told Polymarket in October 2025 that it would need to find another banking partner. Polymarket has since moved to another lender, […] - [Chinese Yuan: Activity data and PBOC stance guide FX – MUFG](https://todaymarkets.com/chinese-yuan-activity-data-and-pboc-stance-guide-fx-mufg/): MUFG’s Asia FX Weekly highlights that China’s July activity indicators, following weak Q2 GDP, will be central for the Chinese Yuan and regional FX. The authors stress ongoing weakness in fixed asset investment and property-sector challenges, and question whether domestic demand is stabilizing and whether PBOC will tolerate continued CNY strength. They also note PBOC […] - [South Korean Won: Foreign inflows and exporters support KRW – Commerzbank](https://todaymarkets.com/south-korean-won-foreign-inflows-and-exporters-support-krw-commerzbank/): Commerzbank notes that the Kospi has rebounded 29.5% from its 30 July low, supported by strong tech earnings and improved sentiment toward semiconductor and memory chipmakers. They note USD/KRW has retreated nearly 8.9% from its July high as exporters’ repatriation and foreign portfolio inflows bolster the Korean Won. Despite a modest 0.3% rise to 1,421 […] - [Chinese Yuan: Steady appreciation backed by PBoC stance – Societe Generale](https://todaymarkets.com/chinese-yuan-steady-appreciation-backed-by-pboc-stance-societe-generale/): Societe Generale analysts highlight CNY’s firm trend, with the currency advancing to 6.7424, its strongest level since February 2023, on Dollar weakness and lower US yields. The PBoC reiterates an accommodative stance and targeted support while avoiding explicit rate or RRR cut signals, as 10-year CGB yields fall below 1.70%. Policy support underpins currency strength […] - [Silver Price - XAG stalled as yields cap recovery](https://todaymarkets.com/silver-price-xag-stalled-as-yields-cap-recovery/): Silver price advanced by some 0.39% on Friday, capped by rising US yields, even though US data was softer than expected. XAG/USD trades at $64.70, after bouncing off daily lows of $63.51. XAG/USD Price Forecast: Technical Outlook The white metal remains downward biased despite signs of bottoming around the $54.70 area, near the yearly low of […] - [Week Ahead - Aug 17th](https://todaymarkets.com/week-ahead-aug-17th/): The ongoing standstill between Iran and the US should continue to dictate energy prices and influence global interest rates, after the US prolonged its economic pressure on Iran instead of signaling efforts of diplomacy. Rates will also take the spotlight with minutes from a divisive meeting from the Federal Reserve, which included three dissents. The […] - [TSX Retreated From Record High](https://todaymarkets.com/tsx-retreated-from-record-high/): The S&P/TSX Composite Index shed 0.1% to close at 36,730 on Friday, retreating slightly from the record reached in the prior session amid losses in the technology and retail sectors. The technology sector tracked weakness among Wall Street-listed hyperscalers, with Shopify losing 3%, Constellation Software down 2.3% and Celestica tumbling 4%. Meanwhile, Canadian retailers traded […] - [Cattle Faced Losses on Friday](https://todaymarkets.com/cattle-faced-losses-on-friday/): Live cattle futures faced Friday pressure, but bounced off the lows to close with contracts 85 cents to $2.60 lower. August was $8.07 lower on the week. There were no new deliveries issued against August futures on Friday. Cash trade rounded out the week with $225-228 sales in the North and some $228 Southern sales. […] - [Coffee Prices See Support from Slow Brazil Harvest](https://todaymarkets.com/coffee-prices-see-support-from-slow-brazil-harvest/): September arabica coffee (KCU26) on Friday closed up +5.00 (+1.50%), and September ICE robusta coffee (RMU26) closed down -45 (-1.23%). Coffee prices have support from the slow pace of Brazil’s coffee harvest.  Safras & Mercado reported Friday that the Brazil 2026/27 coffee harvest was 90% completed as of August 12, behind 97% last year and […] - [Cocoa Sees Some Support from Weak Dollar](https://todaymarkets.com/cocoa-sees-some-support-from-weak-dollar/): September ICE NY cocoa (CCU26) on Friday closed up +86 (+1.52), and September ICE London cocoa #7 (CAU26) closed up +4 (+0.10%). Cocoa prices on Friday saw support from the -0.3% decline in the dollar index, which was bullish for commodities in general. However, cocoa prices on Friday consolidated just mildly above this week’s 2-week […] - [Sugar Prices Fall Back from Wednesday’s 1.25-Year Highs](https://todaymarkets.com/sugar-prices-fall-back-from-wednesdays-1-25-year-highs/): October NY world sugar #11 (SBV26) on Friday closed down -0.22 (-1.31%), and October London ICE white sugar #5 (SWV26) closed down -6.70 (-1.29%). NY and London sugar prices on Friday saw some apparent pre-weekend long liquidation pressure after both contracts rallied to 1.25-year nearest-futures highs on Wednesday. Sugar prices saw underlying support after Czarnikow, […] - [Cotton Moved into the Weekend with Strength](https://todaymarkets.com/cotton-moved-into-the-weekend-with-strength/): Cotton futures were back to rally mode on Friday, with front month up 116 to 130 points at the close. December was 40 points higher on the week. Crude oil was $1.15 per barrel higher, with the US dollar index $0.320 lower. Commitment of Traders data showed managed money adding another 10,591 contracts to their […] - [Soybeans Find Strength to Close the Week](https://todaymarkets.com/soybeans-find-strength-to-close-the-week/): Soybeans posted gains of 5 ½ to 11 ¾ cents across most contracts on Friday, with September up 18 ¾ cents on the week. November was up 16 ¼ cents. The cmdtyView national average Cash Bean price was up 10 3/4 cents at $11.50. Soymeal futures closed the session with contracts up a dime to $2.80, with September up […] - [Wheat Bulls Put Premium in Heading into the Weekend](https://todaymarkets.com/wheat-bulls-put-premium-in-heading-into-the-weekend/): The wheat complex led the grain rally on Friday, following more Black Sea news. Chicago SRW contracts were up 11 3/4 to 22 cents on Friday, with a weekly gain of 35 cents. KC HRW futures led the wheat rally, with contracts up 15 to 33 cents on Friday, as September was 40 ¼ cents […] - [Corn Followed Wheat Higher on Friday](https://todaymarkets.com/corn-followed-wheat-higher-on-friday/): Corn futures rounded out the week in rally mode, as contracts were up 5 to 11 ¼ cents across the board on Friday September rallied 20 cents on the week with December up 21 ¼ cents. The CmdtyView national average Cash Corn price was up 11 3/4 cents at $4.30. Continued spillover support from a wheat-led rally […] - [Crude Prices Higher as Iran Continues to Disrupt Vessel Traffic in Strait of Hormuz](https://todaymarkets.com/crude-prices-higher-as-iran-continues-to-disrupt-vessel-traffic-in-strait-of-hormuz/): September WTI crude oil (CLU26) on Friday closed up +1.15 (+1.42%), and September RBOB gasoline (RBU26) closed up +0.0561 (+1.79%). Crude oil saw support Friday after reports that Iran on Thursday night attacked two Abu Dhabi oil vessels transiting the Strait of Hormuz.  Those attacks suggested that Iran intends to continue threatening vessel traffic in […] - [Nat-Gas Prices Move Higher on Warm US Forecasts](https://todaymarkets.com/nat-gas-prices-move-higher-on-warm-us-forecasts/): September Nymex natural gas (NGU26) on Friday closed up +0.006 (+0.22%). Nat-gas prices closed higher on Friday as forecasts indicated warm US weather in the final weeks of August, which would boost nat-gas demand from utilities to meet increased air-conditioning demand.  Commodity Weather Group is forecasting above-normal temperatures across the South in particular through the […] - [Wheat Soars as Black Sea Tensions Escalate](https://todaymarkets.com/wheat-soars-as-black-sea-tensions-escalate/): Wheat prices climbed more than 3% to around $6.70 a bushel on Friday, reaching a three-week high and bringing weekly gains to over 5%, the strongest performance since mid-July. The rally followed reports of a Ukrainian strike on a Russian Baltic port and Moscow’s rejection of a proposed Black Sea truce, reviving concerns over grain […] - [Crude Extends Gains to 5% This Week](https://todaymarkets.com/crude-extends-gains-to-5-this-week/): Crude oil rose to $81.8 a barrel on Friday, gaining nearly 5% this week as the US increased economic pressure on Iran to reopen the Strait of Hormuz. Treasury Secretary Scott Bessent said Washington would impose unprecedented economic measures while maintaining its naval blockade of Iranian ports, with further announcements expected next week. The International […] - [Silver Rises More than 2% This Week](https://todaymarkets.com/silver-rises-more-than-2-this-week/): Silver rebounded to around $65 an ounce on Friday after falling 1.4% in the previous session, bringing its weekly gain to more than 2%. Softer-than-expected US inflation data suggested that the impact of energy-price shocks linked to the Iran conflict eased in July, reducing pressure on the Federal Reserve to adopt a more aggressive monetary […] - [Gold Extends Gains for 2nd Week](https://todaymarkets.com/gold-extends-gains-for-2nd-week/): Gold rose above $4,380 an ounce on Friday, recovering from earlier losses and securing a second consecutive weekly gain as investors assessed the outlook for US monetary policy. Recent US CPI and PPI data showed inflation pressures remaining contained, suggesting that the impact of higher energy prices linked to the Iran conflict eased in July […] - [Indonesia: Policy continuity supports Rupiah – ING](https://todaymarkets.com/indonesia-policy-continuity-supports-rupiah-ing/): ING’s Lynn Song expects Bank Indonesia to keep its benchmark rate unchanged at 5.75% this week, prioritizing Rupiah stability while avoiding an immediate hike. The report highlights BI’s growing reliance on non-rate tools such as SRBI yields and FX intervention. Leadership transition at BI is seen reducing the likelihood of an August move, with continuity the key message. […] - [British Pound advances as weak US sales deepen USD slide](https://todaymarkets.com/british-pound-advances-as-weak-us-sales-deepen-usd-slide/): The Pound Sterling rises by some 0.40% on Friday as a batch of US data justifies the Fed’s dovish approach, with consumer sentiment deteriorating while the disinflation process improved. The GBP/USD trades at 1.3545 after bouncing off daily lows of 1.3482. GBP/USD climbs as soft US spending and sentiment boost Fed hold bets In the week, GBP/USD […] - [Japanese Yen: Policy risks support gains against US Dollar – Scotiabank](https://todaymarkets.com/japanese-yen-policy-risks-support-gains-against-us-dollar-scotiabank/): Scotiabank strategists Shaun Osborne and Eric Theoret observe USD/JPY trading near 159, with modest Japanese Yen (JPY) gains offering reassurance to the Ministry of Finance (MoF) after recent weakness. They highlight material efforts to counter Yen depreciation via coordinated Bank of Japan (BoJ) and Federal Reserve (Fed) actions. With BoJ considering a possible hike in […] - [SanDisk Gains 40% in Just Two Weeks](https://todaymarkets.com/sandisk-gains-40-in-just-two-weeks/): Shares in the US storage manufacturer SanDisk (SNDK.US) have risen by over 40 per cent over the past two weeks. This sharp rise is the result of growing optimism on Wall Street, fuelled by the company’s new long-term financial forecasts and strategic changes to its business model, which are designed to reduce the industry’s historical […] - [Euro climbs as fading Fed hike expectations pressure US Dollar](https://todaymarkets.com/euro-climbs-as-fading-fed-hike-expectations-pressure-us-dollar/): EUR/USD rallies on Friday, erasing all the losses recorded earlier this week as broad-based weakness in the US Dollar (USD) lifts the Euro (EUR). At the time of writing, the pair trades around 1.1580 near its highest level since June 17. The US Dollar weakens as the latest batch of US economic data tempers expectations of a near-term Federal Reserve (Fed) […] - [Gold: Upside seen as Fed hike bets fade – Commerzbank](https://todaymarkets.com/gold-upside-seen-as-fed-hike-bets-fade-commerzbank/): Commerzbank’s Carsten Fritsch notes Gold has rallied to its highest level since early June as markets scale back expectations for further Fed rate hikes. He highlights reduced implied tightening in Fed Funds futures, a lower probability of a September hike, and renewed ETF inflows, arguing that Gold retains upside potential even after a brief pullback. Lower Fed […] - [Federal Reserve: Labour strength supports further hikes – Nordea](https://todaymarkets.com/federal-reserve-labour-strength-supports-further-hikes-nordea/): Nordea analysts Ole Håkon Eek-Nielsen and Jan von Gerich argue that the Federal Reserve is likely to deliver three more rate hikes over coming quarters to bring inflation back to target. They highlight falling unemployment, constrained labour supply and rising core PCE and service price inflation as key drivers. The authors stress that wage pressures and higher […] - [S&P 500 Holds Recent Rise](https://todaymarkets.com/sp-500-holds-recent-rise/): US stock indices were little changed on Friday as optimism from recent tech earnings weighed against macroeconomic risks. The S&P 500 was flat near its record high, while the Nasdaq 100 and Dow also hovered with little movement. Chip producers extended their strong gains from earlier in the week, with Sandisk adding more than 5% […] - [US Dollar Approaches 2-Month Low](https://todaymarkets.com/us-dollar-approaches-2-month-low/): The US dollar index fell past 99.6 on Friday, approaching the two-month low of 95.53 on August 7th as the latest economic data limited positions on a Federal Reserve rate hike. The retail sales control group unexpectedly dropped in July, challenging the view of sharp resilience from US consumers, even though volatile seasonal effects distort […] - [Wall Street Slows Down Ahead of the End of a Successful Week](https://todaymarkets.com/wall-street-slows-down-ahead-of-the-end-of-a-successful-week/): The main US stock market indices have opened Friday’s session amid mixed sentiment, following Thursday’s new all-time high set by the S&P 500. Early trading has seen the S&P 500 rise slightly by 0.03 per cent and the Nasdaq 100 by 0.18 per cent, whilst the Dow Jones is down by around 0.1 per cent. […] - [Gold: Fed pause keeps systematic demand supported - TD Securities](https://todaymarkets.com/gold-fed-pause-keeps-systematic-demand-supported-td-securities/): TD Securities’ Ryan McKay and Bart Melek note that CTA (Commodity Trading Advisors) net long positioning in Gold is becoming more entrenched as discretionary demand improves. A Fed likely to remain on hold should help keep the precious metal supported at the upper end of its range, while nearby CTA triggers are expected to drive only limited […] - [Japanese Yen: BoJ policy story having little effect – ING](https://todaymarkets.com/japanese-yen-boj-policy-story-having-little-effect-ing/): ING’s Chris Turner notes that despite sharp moves in Japanese money markets, the Japanese Yen is not finding lasting support. Markets now price a high probability of a Bank of Japan hike in September, narrowing US–Japan swap differentials, yet USD/JPY remains elevated as carry trades persist. He sees rising risks for Yen funding and expects […] - [European Central Bank: Inflation keeps three rate hikes in play - Nordea](https://todaymarkets.com/european-central-bank-inflation-keeps-three-rate-hikes-in-play-nordea/): Nordea’s Ole Håkon Eek-Nielsen and Jan von Gerich expect the European Central Bank (ECB) to deliver three additional 25bp rate hikes, taking the deposit rate to 3%. They see gradually building inflation pressures from earlier energy price rises, strained supply chains, solid Euro-area growth and low unemployment. The authors note wide risks around the rate […] - [Norwegian Krone: Dovish turn risks NOK appeal – Societe Generale](https://todaymarkets.com/norwegian-krone-dovish-turn-risks-nok-appeal-societe-generale/): Societe Generale notes Norway’s central bank kept its policy rate unchanged at 4.25% and softened its hawkish tone. The bank still anticipates one further rate increase, but removed explicit guidance for a near-term hike. With new forecasts due in September, the report warns that a more dovish stance could reduce the attractiveness of the Krone […] - [US Dollar: Lower short-term yields weigh on the Greenback – MUFG](https://todaymarkets.com/us-dollar-lower-short-term-yields-weigh-on-the-greenback-mufg/): MUFG’s Lee Hardman notes the US Dollar (USD) is trading on a softer footing as Fed rate hike expectations are scaled back following weaker labour data and a mixed United States (US) Producer Price Index (PPI) report. Short-term US yields are declining, yet the Dollar index still holds above its 200-day moving average. Strong US equities, […] - [Oil: War-driven price effects and inflation – UBS](https://todaymarkets.com/oil-war-driven-price-effects-and-inflation-ubs/): UBS economist Paul Donovan discusses how the Gulf war has lifted Oil prices and pushed consumer price inflation above target in major economies. He notes that Energy has a relatively small direct weight in US and EU consumer baskets, but its indirect impact via transport and production is significant. Donovan highlights the complexity of isolating […] - [Baltic Dry Index Rebounds on Friday, Records Weekly Drop](https://todaymarkets.com/baltic-dry-index-rebounds-on-friday-records-weekly-drop/): The Baltic dry index increased 0.7% to 2,863 on Friday, recovering after four consecutive sessions of losses. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, rose 1.5% to 4,538. Also, the supramax index went up 0.6% to 1,622, its highest since July 28. On the other hand, the panamax index, […] - [TSX Futures Edge Lower on Mideast Tensions](https://todaymarkets.com/tsx-futures-edge-lower-on-mideast-tensions/): Futures tracking Canadian stocks edged lower on Friday amid heightened uncertainty in the Middle East. The US threatened an indefinite naval blockade of Iran, reviving concerns about disruptions to crude supplies from the region. Oil prices moved higher, fueling inflationary pressures and weighing on financials and other credit-sensitive shares. Meanwhile, gold prices rebounded after earlier […] - [Trade of The Day - WHEAT](https://todaymarkets.com/trade-of-the-day-wheat/): Facts Recommendation Long WHEAT at market price Opinion The wheat market is currently facing several sources of supply risk, with the most significant concentrated around the Black Sea. Ukrainian attempts to de-escalate tensions may periodically trigger corrections, but at this stage they do not change the fundamental picture. For the wheat market, actual export flows, […] - [WTI Oil rebounds as supply tensions overshadow demand concerns](https://todaymarkets.com/wti-oil-rebounds-as-supply-tensions-overshadow-demand-concerns/): West Texas Intermediate (WTI) US Oil rebounds on Friday and trades around $80.80 at the time of writing, up 0.40% on the day. Oil prices recover some of their losses after two days of correction as investors remain concerned about energy supply disruptions in the Middle East. Tensions surrounding the Strait of Hormuz continue to […] - [UoM Consumer Sentiment Index set to ease as inflation, labour market worries loom](https://todaymarkets.com/uom-consumer-sentiment-index-set-to-ease-as-inflation-labour-market-worries-loom/): The University of Michigan (UoM) will release the preliminary estimate of August’s Consumer Sentiment Index on Friday. The UoM report, which analyses US consumers’ feelings about their personal finances, business conditions, and purchasing plans, is expected to show a moderate decline, yet remain relatively close to levels in January and February, when concerns about Iran’s […] - [US Dollar: Looking for a shift in Fedspeak – ING](https://todaymarkets.com/us-dollar-looking-for-a-shift-in-fedspeak-ing/): ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that post-CPI summer conditions are suppressing FX volatility and keeping the Dollar broadly stable. They still see scope for a weaker Dollar as market expectations for further Federal Reserve tightening look overstated. Upcoming Fedspeak, Jackson Hole and second-tier US data are seen as potential catalysts, […] - [Japanese Yen: Bearish bias within 158.00–160.20 band against US Dollar – UOB](https://todaymarkets.com/japanese-yen-bearish-bias-within-158-00-160-20-band-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann judge USD/JPY price action as inconclusive intraday, with trading expected between 159.00 and 159.70 after a tight 159.01–159.56 range. Over 1–3 weeks, they keep an upside bias, seeing the pair confined within a narrower 158.00–160.20 range, while longer-term charts suggest the advance can extend […] - [Brazilian Real: Election risks threaten Real – Societe Generale](https://todaymarkets.com/brazilian-real-election-risks-threaten-real-societe-generale/): Societe Generale’s Dev Ashish flags growing election and fiscal risks weighing on Brazilian assets. BRL has underperformed in LatAm, with USD/BRL nearing its 200-day moving average at 5.2042 and Bovespa breaking below its long-term average. A sustained move above the 200-day would target 5.34–5.38, while a Lula fourth term with a divided Congress is seen […] - [Reddit joins the S&P 500, shares surge 12%. From a niche forum to the heart of Wall Street](https://todaymarkets.com/reddit-joins-the-sp-500-shares-surge-12-from-a-niche-forum-to-the-heart-of-wall-street/): Key takeaways Reddit will join the S&P 500 before the opening bell on August 18, replacing AvalonBay Communities. The market reacted decisively: following the announcement, RDDT shares rose 12% in after-hours trading. The inclusion comes after a more challenging few months — at Thursday’s close, the stock was down around 30% year-to-date and remained well […] - [Euro Area Shows Signs of Resilience as Trade, Employment and Growth Strengthen](https://todaymarkets.com/euro-area-shows-signs-of-resilience-as-trade-employment-and-growth-strengthen/): Eurozone Employment Inches Up as Expected The number of employed persons in the Euro Area grew by 0.1% from the previous quarter to 176.577 million in the second quarter of 2026, the same pace as the first quarter, and aligned with market expectations, according to a first estimate. It was the bloc’s 21st consecutive quarter […] - [US Dollar Index Price Forecast: DXY declines to 99.75-99.70 amid receding Fed hike bets](https://todaymarkets.com/us-dollar-index-price-forecast-dxy-declines-to-99-75-99-70-amid-receding-fed-hike-bets/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, continues to lose ground through the first half of the European session on Friday and retreats further from a two-week high, touched the previous day. The index currently trades around the 99.75 region, down 0.20% for the day, though it seems […] - [Federal Reserve: RMP pause and QT timing – TD Securities](https://todaymarkets.com/federal-reserve-rmp-pause-and-qt-timing-td-securities/): TD Securities’ Gennadiy Goldberg and Molly Brooks analyze the Federal Reserve’s decision to halt Reserve Management Purchases (RMP) after tapering from $40bn to $10bn per month. They argue the pause reflects soft money market rates and an ample reserve buffer, not imminent Quantitative Tightening (QT), and expect RMP to resume at a reduced pace in […] - [British Pound: Growth resilience supports gains against US Dollar – MUFG](https://todaymarkets.com/british-pound-growth-resilience-supports-gains-against-us-dollar-mufg/): MUFG’s Lee Hardman reports the British Pound (GBP) is the best performing major currency in August, with GBP/USD back above 1.3500. The United Kingdom (UK) economy is proving resilient to the energy price shock linked to the US-Iran conflict, with Q2 GDP up 0.4% after 0.6% in Q1. Strong private consumption, recovering business investment and robust services and IT […] - [US Dollar: Carry trades supported as Fed seen on hold – OCBC](https://todaymarkets.com/us-dollar-carry-trades-supported-as-fed-seen-on-hold-ocbc/): OCBC’s Sim Moh Siong and Christopher Wong note that softer United States (US) Producer Price Index (PPI) and lower US Treasury yields have led markets to scale back expectations of a September Federal Reserve (Fed) hike, limiting US Dollar (USD) upside. Crude Oil stays in the USD80s, and a constructive risk backdrop supports carry trades. However, they […] - [Wheat Climbs as Black Sea Supply Risks Mount](https://todaymarkets.com/wheat-climbs-as-black-sea-supply-risks-mount/): Wheat prices climbed more than 2% to above $6.60 a bushel on Friday, bringing weekly gains to over 4%, the strongest performance since mid-July. The rally was driven by growing concerns over disruptions to Black Sea exports amid the Russia-Ukraine conflict. Russia and Ukraine remain critical to the global wheat market, together accounting for almost […] - [Brent Rises, Set for Over 5% Weekly Gain](https://todaymarkets.com/brent-rises-set-for-over-5-weekly-gain/): Brent crude rose above $88 a barrel on Friday, gaining more than 5% this week as the US increased economic pressure on Iran to reopen the Strait of Hormuz. Treasury Secretary Scott Bessent said Washington would impose unprecedented economic measures while maintaining its naval blockade of Iranian ports, with further announcements expected next week. The […] - [Japanese Yen: Shifting rate expectations and currency support – Commerzbank](https://todaymarkets.com/japanese-yen-shifting-rate-expectations-and-currency-support-commerzbank/): Commerzbank’s Volkmar Baur notes that Japanese government support for an imminent Bank of Japan rate hike has reinforced market expectations rather than surprised them. Probabilities now favor a hike as early as September, with October fully priced and another move in December possible. These evolving rate expectations, alongside intervention risks, are helping to stabilize the […] - [Indian Rupee: RBI support offsets wider trade gap – Societe Generale](https://todaymarkets.com/indian-rupee-rbi-support-offsets-wider-trade-gap-societe-generale/): Societe Generale notes India’s headline CPI rose slightly to 4.45% year-on-year in July, backing the RBI’s decision to keep policy unchanged. The central bank has reportedly been active in FX markets as the trade deficit widened. Higher Oil and Gold prices countered dovish Federal Reserve repricing, while non-resident inflows into Indian Government Bonds have helped support the Rupee. RBI […] - [Australian Dollar: Upside risk intact above support against US Dollar – UOB](https://todaymarkets.com/australian-dollar-upside-risk-intact-above-support-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note AUD/USD is consolidating intraday between 0.7050 and 0.7075 after a brief spike to 0.7091 failed to build momentum. On a 1–3 week view, they maintain that upside risk persists as long as the Australian Dollar holds above strong support at 0.7025, with a close above […] - [Brent: Geopolitical premium eases after six-day rally – Deutsche Bank](https://todaymarkets.com/brent-geopolitical-premium-eases-after-six-day-rally-deutsche-bank/): Deutsche Bank analysts highlight that Brent Oil has finally broken a six-day winning streak, with prices pulling back modestly as some geopolitical risk premium is removed. Despite intraday volatility linked to Houthi and Iranian headlines, the bank notes that refined product markets remain tight and that Brent is still significantly above pre-Iran war levels. Risk […] - [European Gas Near Multi-Week Highs](https://todaymarkets.com/european-gas-near-multi-week-highs/): European natural gas prices rose toward €61 per MWh on Friday, hovering near a more than two-week high, amid persistent concerns over Europe’s gas supply security ahead of winter. The US on Thursday threatened to maintain its naval blockade of Iran indefinitely, increasing pressure on Tehran as ceasefire talks have stalled. The standoff has heightened […] - [Japanese Yen: BoJ tightening debate supports JPY – Rabobank](https://todaymarkets.com/japanese-yen-boj-tightening-debate-supports-jpy-rabobank/): Rabobank strategist Elwin de Groot highlights that Japanese policymakers are increasingly focused on achieving the inflation target sustainably and supporting the Japanese Yen. Following recent FX intervention, He argues that exchange-rate management ultimately needs monetary policy backing. With USD/JPY retracing part of its earlier decline, he notes that the case for another Bank of Japan […] - [US Dollar: Softer tone with falling yields – MUFG](https://todaymarkets.com/us-dollar-softer-tone-with-falling-yields-mufg/): MUFG’s Lee Hardman notes the US Dollar (USD) is trading on a softer footing as Federal Reserve (Fed) rate hike expectations are scaled back following weaker labour data and a mixed United States (US) Producer Price Index (PPI) report. Short-term US yields are declining, yet the Dollar index still holds above its 200-day moving average. […] - [Chart of the Day: Bitcoin Breaches $75K to Challenge 300-EMA First Time Since January](https://todaymarkets.com/chart-of-the-day-bitcoin-breaches-75k-to-challenge-300-ema-first-time-since-january/): Bitcoin is gaining nearly 4% today, approaching its 300-day exponential moving average for the first time since the beginning of the year. The rebound in the cryptocurrency market stems both from White House pressure to pass an official regulatory framework for digital assets and capital outflows from the dollar amid concerns over US public finances. […] - [Economic Calendar - A Batch of PMI reports will move attention away from bonds?](https://todaymarkets.com/economic-calendar-a-batch-of-pmi-reports-will-move-attention-away-from-bonds/): Recent sessions have been marked by stress surrounding the rising cost of servicing global debt. A rapid rebound in US yields—despite announcements of accelerated bond buybacks—underscored that the market’s patience with public finances is running out, with investors expecting real structural changes rather than financial engineering. Declines on Wall Street have stabilized somewhat, and today’s […] - [Bitcoin surges to $75k, Wall Street tries to stabilize](https://todaymarkets.com/bitcoin-surges-to-75k-wall-street-tries-to-stabilize/): Yesterday’s session on Wall Street ended distinctly weaker. Bond yields quickly bounced back after an earlier dip, as investors concluded that the Treasury Department’s actions might offer only short-term support for the debt market. The S&P 500 lost about 0.9%, with sentiment further dampened by a sharp decline in Walmart shares following a weaker quarterly […] - [Copper Rises as Supply Concerns Persist](https://todaymarkets.com/copper-rises-as-supply-concerns-persist/): Copper futures climbed above $6.5 per pound on Friday, recovering losses from earlier in the week as tight physical supply continued to underpin prices. The copper market remains vulnerable after months of outflows, partly due to metal being diverted to the US ahead of anticipated tariffs. Top producer Chile also expects copper output to decline […] - [Platinum Hits 11-Week High](https://todaymarkets.com/platinum-hits-11-week-high/): Platinum futures climbed above $1,870 an ounce, hitting an eleven-week high, as a weaker US dollar and renewed demand for precious metals lifted the market. The greenback came under pressure amid concerns over the US fiscal outlook and skepticism about the Treasury’s expanded bond-buyback program, which investors viewed as unlikely to provide a lasting solution […] - [Palm Oil Set for Biggest Weekly Gain in Near Six Months](https://todaymarkets.com/palm-oil-set-for-biggest-weekly-gain-in-near-six-months/): Malaysian palm oil futures extended their gains, trading around MYR 4,990 per tonne and reaching their highest level since December 2024. The contract is also on track for its biggest weekly rise in 24 weeks, up nearly 6% so far, marking its third straight weekly advance. The rally was supported by strength in Dalian vegetable […] - [Technical Analysis - Silver Rises 2% Despite Dollar Rebound - Key Resistance Broken?](https://todaymarkets.com/technical-analysis-silver-rises-2-despite-dollar-rebound-key-resistance-broken/): Precious metals had an excellent session yesterday, supported by the U.S. Treasury Department’s announcement of an intervention in the Treasury market aimed at bringing yields lower. Interestingly, today’s rebound in the dollar — additionally supported by stronger-than-expected U.S. macro data — has not stopped silver prices from advancing. On the contrary, despite a modest decline […] - [Cattle Firms up](https://todaymarkets.com/cattle-firms-up/): Live cattle futures posted gains of 77 cent to $1.125 at the close, with August 7 cents lower. Cash trade has picked up a few at $355-360 dressed and $226. The Thursday morning Fed Cattle Exchange online auction showed no sales on the 1,520 head offered, with bids of $223 to 225. Feeder cattle futures […] - [Arabica Coffee Settles Higher on Supply Concerns](https://todaymarkets.com/arabica-coffee-settles-higher-on-supply-concerns/): September arabica coffee (KCU26) closed up +4.10 (+1.14%) on Thursday, and September ICE robusta coffee (RMU26) closed down -16 (-0.43%). Coffee prices settled mixed on Thursday.  Arabica coffee closed higher as it consolidated below Wednesday’s 6.5-month high, and robusta is under pressure from rising inventories as ICE robusta inventories climbed to a 5.25-month high of […] - [Smaller Ghana Cocoa Crop Supports Prices](https://todaymarkets.com/smaller-ghana-cocoa-crop-supports-prices/): September ICE NY cocoa (CCU26) closed up +42 (+0.69) on Thursday, and September ICE London cocoa #7 (CAU26) closed up +20 (+0.47%). Cocoa prices rallied to 2-week highs on Thursday and settled higher on concern about a smaller cocoa crop from Ghana, the world’s second-largest cocoa producer.  Ghana’s Cocoa Board said Thursday that after a […] - [Sugar Prices Extend Recent Rally as India Eases Sugar Import Duties](https://todaymarkets.com/sugar-prices-extend-recent-rally-as-india-eases-sugar-import-duties/): October NY world sugar #11 (SBV26) closed down -0.03 (-0.17%) on Thursday, and October London ICE white sugar #5 (SWV26) closed up +10.00 (+1.84%). Sugar prices added to this week’s gains on Thursday, with NY sugar posting a 15-month high and London sugar posting a 17-month high.  However, prices fell from their best levels and […] - [Gold advances to fresh high since June amid renewed USD selling, fading Fed hike bets](https://todaymarkets.com/gold-advances-to-fresh-high-since-june-amid-renewed-usd-selling-fading-fed-hike-bets/): Gold (XAU/USD) hits a fresh high since early June, around the $4,544 region, during the Asian session on Friday and looks to build on the momentum above a technically significant 200-day Simple Moving Average (SMA). Traders scaled back their bets for an immediate interest rate hike by the Federal Reserve (Fed) after the latest US inflation data […] - [WTI consolidates around $86.00; bulls potential intact amid US-Iran impasse](https://todaymarkets.com/wti-consolidates-around-86-00-bulls-potential-intact-amid-us-iran-impasse/): West Texas Intermediate (WTI) – the benchmark US Crude Oil price – oscillates in a range around the $86.00 mark during the Asian session on Friday and remains well within striking distance of a three-week high, touched the previous day. The black liquid seems poised to register gains for the second consecutive week and build […] - [United States Dollar Index trades around 99.75-99.70, hangs near three-month low](https://todaymarkets.com/united-states-dollar-index-trades-around-99-75-99-70-hangs-near-three-month-low/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts fresh sellers during the Asian session on Friday, stalling the previous day’s modest bounce from the vicinity of mid-98.00s, or the lowest since May 14. The index currently trades around the 98.80-98.75 region, down 0.10% for the day, and seems […] - [Silver Price - XAG/USD surges to near $69.00 amid heightened volatility](https://todaymarkets.com/silver-price-xag-usd-surges-to-near-69-00-amid-heightened-volatility/): Silver price (XAG/USD) extends its gains for the third successive day, trading around $68.70 per troy ounce during the Asian hours on Friday. Silver prices rise as investors turn to safe-haven metals amid heightened volatility across global currency and bond markets. Silver price is up nearly 6% this week after the US Treasury Department announced plans to […] - [European Gas Remains Near Multi-Year Highs](https://todaymarkets.com/european-gas-remains-near-multi-year-highs/): European natural gas prices slipped below €65 per MWh on Friday but remained near their highest level since January 2023, as the stalemate in the US-Iran conflict muddied the outlook for Gulf LNG supplies. The two sides continued to clash over the Strait of Hormuz, with the conflict entering a new phase of economic pressure. […] - [Bitcoin Eyes Best Week in Over 2 Years](https://todaymarkets.com/bitcoin-eyes-best-week-in-over-2-years/): Bitcoin continued its bullish run toward $75,000 in August, hitting its highest level since late May and poised for a weekly gain of about 19%, its strongest since February 2024, after President Donald Trump urged Congress to pass a key regulatory bill. Trump called on lawmakers to advance a “fair version” of the Clarity Act, […] - [Palladium Extends Gains to One-Week High](https://todaymarkets.com/palladium-extends-gains-to-one-week-high/): Palladium futures gained to around 1,350 per ounce, extending gains to a one-week high, as a weaker US dollar and renewed demand for precious metals supported prices. The dollar weakened after the US Treasury unexpectedly increased long-dated debt buybacks, with Treasury Secretary Scott Bessent signaling purchases could exceed $4 billion per issue, initially easing yield […] - [Oil Rises by Over 2%](https://todaymarkets.com/oil-rises-by-over-2/): Crude oil climbed more than 2% to around $86.70 a barrel on Thursday, reaching its highest level since July 24, after President Donald Trump announced a sweeping package of economic measures targeting Iran. The proposed restrictions are aimed at cutting Tehran off from international financial and commercial channels, including activities involving banks, businesses, shipping registries, […] - [Aluminum Eases from 8-Week High](https://todaymarkets.com/aluminum-eases-from-8-week-high/): Aluminum futures in the UK fell to $3,200 per tonne from the eight-week high of $3,360 on August 11th, as higher supply from China offset the disruption from the war in the Middle East. Exports of aluminum from China, the world’s top producer, surged by 18.7% in the year to July. The country has stepped […] - [Walmart falls 6% despite strong results. What did the largest U.S. retailer reveal?](https://todaymarkets.com/walmart-falls-6-despite-strong-results-what-did-the-largest-u-s-retailer-reveal/): Key takeaways Walmart’s results for the second quarter of fiscal 2027 confirm that the U.S. consumer remains in relatively good shape, while demand is still strong enough for the country’s largest retailer to raise its full-year guidance. Revenue and adjusted earnings per share beat expectations, e-commerce and advertising grew strongly, and comparable sales remained positive. […] - [Trade of The Day - GBP/CHF](https://todaymarkets.com/trade-of-the-day-gbp-chf/): Facts Recommendation Source: xStation5 Opinion Yesterday, the GBPCHF exchange rate slid to its lowest level since July 31, 2026, driven by a proportionally larger appreciation of the Swiss franc than the pound relative to the US dollar following the US Treasury’s announcement of accelerated long-term bond buybacks. Switzerland, with its highly conservative public finances (a […] - [United States: Slow growth but data understate jobs – Commerzbank](https://todaymarkets.com/united-states-slow-growth-but-data-understate-jobs-commerzbank/): Commerzbank economist Bernd Weidensteiner analyzes recent U.S. employment trends, noting that Nonfarm Payroll growth has slowed sharply, with average monthly gains of just 32,000 over the past year. He argues that official data likely understate job creation and expects a positive benchmark revision of about 250,000 jobs for March 2026, though this will not materially alter the […] - [Australian Dollar: Softer jobs data keeps RBA sidelined – BBH](https://todaymarkets.com/australian-dollar-softer-jobs-data-keeps-rba-sidelined-bbh/): Brown Brothers Harriman’s (BBH) Elias Haddad notes AUD/USD is holding gains on broad US Dollar weakness despite a soft July Australian labor report. The economy unexpectedly lost jobs, with rising unemployment and falling hours worked pointing to weaker labor demand. Haddad argues easing labor conditions support the Reserve Bank of Australia staying on hold, though attractive carry […] - [US Dollar: Downside risks grow as yields contained – MUFG](https://todaymarkets.com/us-dollar-downside-risks-grow-as-yields-contained-mufg/): MUFG’s Derek Halpenny and Abdul-Ahad Lockhart highlight that the US Treasury’s unscheduled expansion of long-end buybacks triggered the largest daily US Dollar drop since March outside intervention episodes. They argue the move underscores growing concern over US yield levels, could undermine confidence in US assets, and leaves the Dollar more vulnerable on the downside even […] - [Euro: Benefits from US Dollar weakness – DBS](https://todaymarkets.com/euro-benefits-from-us-dollar-weakness-dbs/): Chang Wei Liang at DBS Group Research highlights that EUR/USD has rallied toward 1.17, with the Euro the main beneficiary of Dollar softness. July Eurozone CPI matched expectations for both headline and core, reinforcing market conviction in a European Central Bank rate hike in September, with around 26 basis points priced and a very high implied probability. Eurozone inflation […] - [Chart of The Day - USD/JPY Falls Ahead of a Key Test for the Yen](https://todaymarkets.com/chart-of-the-day-usd-jpy-falls-ahead-of-a-key-test-for-the-yen/): The USDJPY pair weakened by over 0.9% yesterday, significantly moving away from the key psychological barrier at the 160 level. Currently, the rate is oscillating around 158.5, awaiting the release of key data for the Japanese currency. Department of the Treasury Intervention Crucial for yesterday’s move were, of course, the words of Scott Bessent, the […] - [Asian Stocks in the Green, Bitcoin Rallies 8% – Has Risk Appetite Returned?](https://todaymarkets.com/asian-stocks-in-the-green-bitcoin-rallies-8-has-risk-appetite-returned/): Most Asian indices are trading in the green today. The Chinese Hang Seng is up 1.1%, while the Japanese Nikkei 225 has gained 1.3%. Meanwhile, the Korean KOSPI is trading significantly higher, up 5.9%. 📈 Equities The primary catalyst for these gains can be attributed to yesterday’s announcements by US Treasury Secretary Scott Bessent. His […] - [Economic Calendar: FOMC Minutes Out, PMIs and Japanese Inflation Ahead](https://todaymarkets.com/economic-calendar-fomc-minutes-out-pmis-and-japanese-inflation-ahead/): Yesterday was marked by the publication of the FOMC Minutes – a transcript from the last meeting of the committee. What did these show? And what does market await now? 🌏 Key macroeconomic publications Wednesday USA Yesterday, the minutes from the latest FOMC meeting were released, providing a transcript of the debate. What did we […] - [Steel Falls on Demand Concerns](https://todaymarkets.com/steel-falls-on-demand-concerns/): Steel rebar futures fell toward CNY 3,010 per ton, retreating from three-week highs as signs of persistently weak demand in top consumer China weighed on the market. Chinese steelmakers continued to struggle with deteriorating margins and a prolonged property sector downturn, limiting demand for steel products. Industry data showed that China’s daily crude steel output […] - [Indian Rupee: Elevated Oil keeps INR lagging against US Dollar – OCBC](https://todaymarkets.com/indian-rupee-elevated-oil-keeps-inr-lagging-against-us-dollar-ocbc/): OCBC strategists Sim Moh Siong and Christopher Wong note Indian Rupee (INR) remains under pressure despite broader US Dollar (USD) weakness, as high Oil prices and importer Dollar demand weigh on the currency. RBI-linked USD sales are containing USD/INR, but the pair’s risks are skewed to the upside, with resistance at 95.90–96. The early closure […] - [Equities: Yield relief and healthcare gains lift markets – Deutsche Bank](https://todaymarkets.com/equities-yield-relief-and-healthcare-gains-lift-markets-deutsche-bank/): Deutsche Bank strategists note that equities rebounded as a sharp decline in long-end US Treasury yields helped the S&P 500 end a three-day losing streak. Strong gains in Moderna and Merck further supported the market through a surge in healthcare stocks, offsetting renewed weakness in semiconductors, while the positive tone extended into Asian trading even […] - [British Pound: Further gains face 1.3655 cap against US Dollar – UOB](https://todaymarkets.com/british-pound-further-gains-face-1-3655-cap-against-us-dollar-uob/): United Overseas Bank’s Quek Ser Leang and Lee Sue Ann report that GBP/USD spiked to 1.3630 before easing, leaving short‑term conditions overstretched. They still expect further British Pound (GBP) strength in the days ahead, but warn that momentum divergence suggests firm resistance at 1.3655, while a break below 1.3535 would signal that this upside target is unlikely […] - [Euro: Spikes higher against US Dollar on Treasury buybacks – Danske Bank](https://todaymarkets.com/euro-spikes-higher-against-us-dollar-on-treasury-buybacks-danske-bank/): Danske Research Team notes that EUR/USD jumped after the US Treasury increased buyback volumes of longer-dated US Treasuries, flattening the bond curve and pulling the 10-year yield below Tuesday’s peak. The move in US yields only partially transmitted to Europe, where primary issuance remains active. Treasury buybacks lift Euro against Dollar “EUR/USD spiked higher after […] - [Iron Ore Falls on Weak Fundamentals](https://todaymarkets.com/iron-ore-falls-on-weak-fundamentals/): Iron ore futures fell toward CNY 700 per ton, approaching 14-month lows amid signs of persistently weak steel demand and abundant global supply. Chinese steelmakers continued to face deteriorating margins and a prolonged property sector downturn, weighing on demand for the key steelmaking ingredient. Industry data showed that China’s daily crude steel output fell 11% […] - [Palm Oil Hovers Near 5-Month High](https://todaymarkets.com/palm-oil-hovers-near-5-month-high/): Malaysian palm oil futures extended their upward momentum, hovering around MYR 4,920 per tonne and holding near their highest level since early April. Firmer edible oils on the Dalian Commodity Exchange supported sentiment, while elevated crude oil prices provided additional support amid sporadic attacks in the Middle East. Meanwhile, the Malaysian Palm Oil Council projected […] - [Corn Extends Rally to 3-Month High](https://todaymarkets.com/corn-extends-rally-to-3-month-high/): Corn futures climbed above $4.70 per bushel, extending their rally to the highest level since May 18, as disappointing US crop-tour results deepened concerns over tightening global corn supplies. According to the Pro Farmer Crop Tour, corn yields in Western Iowa and Illinois, the nation’s two largest corn-producing states, fell below last year’s levels. The […] - [Heating Oil Consolidates Near April Highs](https://todaymarkets.com/heating-oil-consolidates-near-april-highs/): US heating oil futures held above $4.40 per gallon, consolidating near their highest level since early April, on fading hopes of the reopening of the Strait of Hormuz. President Donald Trump unveiled a new package of measures, describing it as an unprecedented campaign targeting Iran’s economy. This came after Trump said no talks with Iran […] - [European Gas Advances as Hormuz Remains Shut](https://todaymarkets.com/european-gas-advances-as-hormuz-remains-shut/): European natural gas prices rose above €64 per MWh on Thursday as restrictions on shipping through the Strait of Hormuz continued to raise concerns over global LNG supplies. President Donald Trump vowed on Wednesday to impose “tremendous punishment” on countries that help or do business with Iran, ramping up economic pressure on Tehran to reopen […] - [China: Policy support and structural shifts – HSBC](https://todaymarkets.com/china-policy-support-and-structural-shifts-hsbc/): HSBC strategists review July data and the latest China Politburo guidance. Retail sales and Fixed Asset Investment softened, while Industrial Production and exports were supported by AI-related and green technology demand. Policymakers maintained a proactive fiscal and moderately loose monetary stance, signalling faster bond-funded spending, targeted liquidity tools, infrastructure investment in the “six networks”, and […] - [Euro: Domestic demand resilience supports EUR – BNY](https://todaymarkets.com/euro-domestic-demand-resilience-supports-eur-bny/): BNY’s Geoff Yu highlights European Central Bank (ECB) President Christine Lagarde’s warning that Europe’s post-war growth model is eroding as global trade fragments and cheap energy fades. Lagarde argues Euro area resilience now relies on domestic demand, which drove 2025 growth and Q2 2026 expansion. She stresses the need to deepen the Single Market and […] - [US Dollar: Fed minutes watched as rate doubts grow – Commerzbank](https://todaymarkets.com/us-dollar-fed-minutes-watched-as-rate-doubts-grow-commerzbank/): Commerzbank’s Antje Praefcke says markets will scrutinize the latest Fed minutes for clues on how close policymakers remain to another rate hike after weaker US labour and inflation data reduced expectations for a hike by year-end. Any repricing of a September rate hike could provide some support for the US Dollar, but a fundamental shift in Fed […] - [Indonesian Rupiah: Policy continuity supports currency – Societe Generale](https://todaymarkets.com/indonesian-rupiah-policy-continuity-supports-currency-societe-generale/): Societe Generale analysts Galvin Chia and Kunal Kundu note that Bank Indonesia kept the BI rate at 5.75%, with deposit and lending facility rates unchanged, reinforcing Rupiah stability and inflation control. They see the decision as marginally positive for IDR FX and yields, while highlighting a prudent but uncomfortable policy pause constrained by external uncertainty and a […] - [Target shares fall despite strong results and guidance. Is the US consumer still holding up?](https://todaymarkets.com/target-shares-fall-despite-strong-results-and-guidance-is-the-us-consumer-still-holding-up/): Key takeaways One of the largest retailers in the US, Target (TGT.US), ended the second quarter with higher sales and earnings per share significantly above analysts’ expectations. The strong results appear to confirm the solid condition of the US consumer. Revenue came in at $26.54 billion, while comparable sales increased by 3.8%. At the same […] - [Chart of The Day - US100](https://todaymarkets.com/chart-of-the-day-us100-2/): The Nasdaq 100 (US100) has been showing signs of a noticeable slowdown in recent days. The index is currently around 3.8 per cent below its all-time highs (ATH). During yesterday’s session alone, it fell by 1.7 per cent. The index is being dragged down by shares in companies such as Meta Platforms, Broadcom and Cisco […] - [Will Europe make it before winter?](https://todaymarkets.com/will-europe-make-it-before-winter/): European NATGAS price back at 4 weeks hights Despite local pullbacks, the price of European gas futures is still following a clear upward trend. The chart price is currently holding around ~€63. From a technical analysis perspective, the €64 area is a key price level to watch. A sustained break above it would change the […] - [Wall Street is losing momentum. Are fundamentals still keeping up with the bull market?](https://todaymarkets.com/wall-street-is-losing-momentum-are-fundamentals-still-keeping-up-with-the-bull-market/): Despite the recent pullbacks, the S&P 500 remains close to its all-time highs, so the natural question is whether the market has already gone too far. The problem is that index levels alone do not tell the full story. In recent quarters, earnings and earnings expectations have been improving fast enough that the market rally […] - [Trade of The Day - USD/CAD](https://todaymarkets.com/trade-of-the-day-usd-cad-2/): Facts: USDCAD is trading in a downward trend since the beginning of July The pair reacted to the key resistance at 1.3907 Recommendation: Trade: Short USDCAD at market price Target: 1.3828, 1.3806 Stop: 1.3911 Opinion: USDCAD has been trading in a local downward move since the beginning of July. Looking at the pair at the […] - [Economic Calendar: All Eyes on the FED Minutes](https://todaymarkets.com/economic-calendar-all-eyes-on-the-fed-minutes/): What is driving the market today? The situation on the markets this morning (as at 09:00): Highlights of today’s calendar: - [Asia FX: Lower US yields offset Oil risk – MUFG](https://todaymarkets.com/asia-fx-lower-us-yields-offset-oil-risk-mufg/): MUFG’s Lloyd Chan notes that the Korean Won (KRW) and Taiwan Dollar (TWD) are leading Asia FX gains as softer US yields and a resilient technology cycle support sentiment. In Indonesia, recent Indonesian Rupiah (IDR) stabilization may allow Bank Indonesia (BI) to keep rates at 5.75%, though a weaker trade balance and tight US Dollar (USD) […] - [Japanese Yen: JGB spillover supports firmer JPY against US Dollar – OCBC](https://todaymarkets.com/japanese-yen-jgb-spillover-supports-firmer-jpy-against-us-dollar-ocbc/): OCBC’s Sim Moh Siong and Christopher Wong highlight that rising long-end Japanese government bond yields are increasingly influencing global curves and the Japanese Yen. Markets now price a high probability of a September BoJ rate hike, but policymakers’ appetite for further tightening is uncertain. The strategists keep their end-2026 USD/JPY target at 163, turning more […] - [Indonesian Rupiah: BI seen hiking to anchor rupiah – UOB](https://todaymarkets.com/indonesian-rupiah-bi-seen-hiking-to-anchor-rupiah-uob/): UOB strategists highlight Bank Indonesia’s (BI) policy meeting, with consensus expecting no change but its macro team forecasting a 25 bps hike to 6.00%. They see risks around the Indian Rupee (IDR), divided views on Federal Reserve (Fed) policy and rising global inflation. They project three hikes in total, taking the BI rate to 6.50% by end-2026, […] - [UK Inflation Hits Four-Month High as Core Inflation Holds Steady and Producer Price Growth Eases](https://todaymarkets.com/uk-inflation-hits-four-month-high-as-core-inflation-holds-steady-and-producer-price-growth-eases/): UK Producer Inflation at 4-Month Low of 3.1% Factory gate prices for UK-manufactured goods advanced 3.1% year-on-year in July 2026, slowing from a 3.5% growth in June, marking the softest increase in four months. Eight of the 10 product groups made upward contributions to the annual rate, led by a jump in prices of coke […] - [Apple bucks deepening Nasdaq selloff! Perfect anti-AI hedge?](https://todaymarkets.com/apple-bucks-deepening-nasdaq-selloff-perfect-anti-ai-hedge/): Apple (AAPL.US) shares add about 1.5% despite deepening fall of the Nasdaq 100 index (US100: -1.4%). The stock benefits from a just announced resolution of the company’s dispute with the European Commision, as well as from the outflows of AI-centred sectors amid rising debt and inflation fears. The company announced revisions to its European Union […] - [The Dollar Weakens Ahead of Minutes. What Do You Need to Know This Morning](https://todaymarkets.com/the-dollar-weakens-ahead-of-minutes-what-do-you-need-to-know-this-morning/): Futures contracts on US and European indices are hovering around zero, whilst Asian markets, including Japan’s Nikkei and South Korea’s Kospi, have recorded sharp falls following a third consecutive session of losses on Wall Street. The main factor driving market sentiment is the global sell-off in the bond market, which has pushed yields on long-term […] - [Gold struggles to capitalize on recovery from weekly low as traders await FOMC Minutes](https://todaymarkets.com/gold-struggles-to-capitalize-on-recovery-from-weekly-low-as-traders-await-fomc-minutes/): Gold (XAU/USD) struggles to capitalize on its modest intraday bounce from the weekly low, touched during the Asian session on Wednesday, and currently trades just below $4,350. The US Dollar (USD) attracts some sellers, stalling this week’s goodish recovery from a two-month low and helping the commodity reverse a part of the previous day’s heavy […] - [WTI Price Sits near three-week high, below $85.00 as bulls eye 100-SMA breakout](https://todaymarkets.com/wti-price-sits-near-three-week-high-below-85-00-as-bulls-eye-100-sma-breakout/): West Texas Intermediate (WTI) – the benchmark US Crude Oil price – touches a nearly three-week high during the Asian session on Wednesday, though it struggles to build on the momentum beyond the $85.00 mark. The commodity, however, sticks to a positive bias for the fourth straight day and seems poised to appreciate further amid […] - [UK CPI set to show inflation accelerated in July, bolstering case for BoE rate hike](https://todaymarkets.com/uk-cpi-set-to-show-inflation-accelerated-in-july-bolstering-case-for-boe-rate-hike/): The United Kingdom (UK) Office for National Statistics (ONS) will release the high-impact Consumer Price Index (CPI) report for July at 06:00 GMT.  The inflation data could significantly affect market expectations for a Bank of England (BoE) interest rate hike in September, stirring volatility in the British Pound (GBP) as traders assess the impact of energy price swings driven […] - [XAG/USD extends decline to near $63 amid continued energy supply risks](https://todaymarkets.com/xag-usd-extends-decline-to-near-63-amid-continued-energy-supply-risks/): Silver price (XAG/USD) is down 0.5% to near $63.00 during the Asian trading session on Wednesday. The white metal extends its Tuesday’s decline amid fears of prolonged inflation concerns on the back of continued energy supply disruption. As of writing, the WTI Oil price trades close to its two-week high at $85.11. Higher oil prices […] - [Palm Oil Hovers at 20-Week High](https://todaymarkets.com/palm-oil-hovers-at-20-week-high/): Malaysian palm oil futures rose further, trading near MYR 4,900 per tonne and reaching their highest level since early April. Support came from firmer edible oils in Dalian and Chicago markets, alongside stronger crude oil prices amid continued uncertainty over shipping through the Strait of Hormuz and potential disruptions to global trade flows. Meanwhile, the […] - [Copper Extends Fall as Supply Squeeze Eases](https://todaymarkets.com/copper-extends-fall-as-supply-squeeze-eases/): Copper futures slipped to around $6.45 per pound on Wednesday, extending the previous session’s losses as a pickup in metal deliveries to London Metal Exchange warehouses helped relieve a historic supply squeeze. LME copper inventories climbed by 20,000 tons on Tuesday, marking their biggest daily increase since April, with Trafigura Group reportedly responsible for a […] - [Zinc Hovers Near 4-Year High](https://todaymarkets.com/zinc-hovers-near-4-year-high/): Zinc futures traded around $3,700 per tonne, near a four-year high, supported by tightening near-term supply, production disruptions, and low inventories. Heavy rainfall and flooding across parts of China, the world’s largest zinc producer, have threatened mining and smelting operations. On top of that, production adjustments at a mine in Southwest China are expected to […] - [Heating Oil Extends Advance](https://todaymarkets.com/heating-oil-extends-advance/): US heating oil futures climbed above $4.50 per gallon on Wednesday, extending gains to their highest level since March, as the deadlock over the Strait of Hormuz heightened concerns about prolonged supply disruptions. President Donald Trump said that no talks with Iran were taking place or planned, asserting that the US naval blockade remained active […] - [European Gas Rises Further as Supply Risks Mount](https://todaymarkets.com/european-gas-rises-further-as-supply-risks-mount/): European natural gas prices rose further above €64 per MWh on Wednesday, the highest since January 2023, as concerns over a potential winter supply crunch intensified amid a lack of progress on a deal to reopen the Strait of Hormuz. President Donald Trump said that no talks with Iran are currently taking place or scheduled […] - [Oil Prices Fall Following Trump's Comments. Will Tehran Allow the U.S. to Take Control of the Strait of Hormuz?](https://todaymarkets.com/oil-prices-fall-following-trumps-comments-will-tehran-allow-the-u-s-to-take-control-of-the-strait-of-hormuz/): President Donald Trump has posted a series of strong statements on Truth Social: Market reaction: Oil takes a breather Crude oil prices have fallen slightly following these comments. The prospect of reopening the Strait of Hormuz and clearing the sea mines suggests that the physical flow of crude oil (which accounts for around 20 per […] - [Coffee Surges 3.4%](https://todaymarkets.com/coffee-surges-3-4/): Spot market scarcity pushes calendar spreads to record highs 📈 Coffee futures are rallying strongly, climbing nearly 3% today as acute short-term supply constraints collide with contract expiry dynamics. The rally highlights an increasingly fractured market where prompt availability is under intense pressure even as medium-term production prospects look more balanced. Term Curve Dynamics: Backwardation […] - [Commodity Wrap - Copper, Oil, Gold, Natgas](https://todaymarkets.com/commodity-wrap-copper-oil-gold-natgas/): Market Situation During today’s session on the commodities market, the agriculture and food sector is performing best, where orange juice (+3.18%) and sugar (+2.67%) continue strong weekly gains. Despite generally mixed sentiments – only 11 out of 26 observed assets are becoming more expensive – extremely high long-term valuations draw attention. Industrial and precious metals, […] - [Swiss Franc: Growing role as funding currency – ING](https://todaymarkets.com/swiss-franc-growing-role-as-funding-currency-ing/): Chris Turner at ING highlights low volatility weighing on the Swiss Franc (CHF) and Japanese Yen (JPY), with investors increasingly favouring franc funding to avoid potential Yen intervention. Short CHF/JPY is seen as a carry-positive way to express a Yen view. For EUR/CHF, a move toward 0.95 likely needs higher Oil prices and broadly higher rates, […] - [Thailand: Middle East shock tests growth – DBS](https://todaymarkets.com/thailand-middle-east-shock-tests-growth-dbs/): DBS Group Research economist Chua Han Teng reviews Thailand’s latest macro data, noting Real Gross Domestic Product (GDP) growth slowed to 1.9% year-on-year in 2Q26 from 2.8% in 1Q26, bringing 1H26 growth to 2.4%. He raises the 2026 GDP growth forecast to 2.1%, citing a less severe Middle East shock, policy support, strong Goods exports and resilient […] - [China: Credit-light growth reshapes loan demand – Standard Chartered](https://todaymarkets.com/china-credit-light-growth-reshapes-loan-demand-standard-chartered/): Standard Chartered’s Carol Liao and Moriarty Lam analyze slowing loan growth in China despite stable real Gross Domestic Product (GDP) and recent reflation. They note broad-based weakness across housing-related lending and other sectors, as new services and high-tech growth engines are more credit-light and rely more on direct financing. This transition is seen as critical […] - [Japanese Yen: Bearish bias within tight range against US Dollar – UOB](https://todaymarkets.com/japanese-yen-bearish-bias-within-tight-range-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/JPY’s slight increase in upward momentum after trading between 158.82 and 159.59 still falls short of signaling a sustained advance, keeping intraday price action likely confined to 159.00–159.80. Over the next 1–3 weeks, the bias remains tilted to the upside, with a 158.00–160.20 […] - [Brent: Rally extends above $91/bbl – ING](https://todaymarkets.com/brent-rally-extends-above-91-bbl-ing/): ING strategists Ewa Manthey and Warren Patterson note that Brent Oil has extended its rally, trading above $91/bbl as geopolitical risks and supply concerns support prices. They highlight US President Donald Trump’s decision on the US-Iran peace agreement, security risks in the Strait of Hormuz, and Saudi Arabia’s efforts to diversify export routes away from […] - [Euro: Overvaluation and energy risks weigh against US Dollar – MUFG](https://todaymarkets.com/euro-overvaluation-and-energy-risks-weigh-against-us-dollar-mufg/): MUFG’s Halpenny notes that EUR/USD remains capped near its 200-day moving average at 1.1630 and is 2.5%-3.0% overvalued in the bank’s short-term model. He warns that energy-driven growth risks and broader inflation pressures could weaken yield support for the Euro, leaving it vulnerable to underperformance. Euro faces technical and macro headwinds “The worsening US dollar sentiment […] - [United Kingdom: Stagnation with stabilisation signs – Deutsche Bank](https://todaymarkets.com/united-kingdom-stagnation-with-stabilisation-signs-deutsche-bank/): Deutsche Bank’s Chief UK Economist Sanjay Raja notes that while the United Kingdom (UK) economy has exceeded expectations, the labour market remains stagnant, with the jobless rate stuck at 4.9% and payrolled employees falling. Wage growth continues to slow, but stabilisation signals are emerging in vacancies, redundancies, claimant count and labour market flows, leaving the […] - [Canadian Dollar: Fragile recovery tied to US – Commerzbank](https://todaymarkets.com/canadian-dollar-fragile-recovery-tied-to-us-commerzbank/): Commerzbank FX analyst Michael Pfister highlights that the Canadian Dollar’s recent weakness contrasts with a fragile recovery in Canada’s real economy. Labour market data, Gross Domestic Product (GDP) surprises and stronger PMIs point to improving conditions, while CAD remains heavily influenced by Oil prices and relatively unattractive Canadian interest rate expectations versus the US. Commerzbank’s […] - [Trade of The Day: EUR/AUD](https://todaymarkets.com/trade-of-the-day-eur-aud/): Facts: Short term sentiment remains downward The price reacted to the horizontal resistance area at 1.6300 Recommendation: Trade: Short EURAUD at market price Target: 1.6250, 1.6233 Stop: 1.6330 Opinion: Looking at the EURAUD chart from a short-term perspective, we can see that the price bounced off the key resistance today. The area at 1.6300 is […] - [British Pound: Softer as jobs data cools hikes – ING](https://todaymarkets.com/british-pound-softer-as-jobs-data-cools-hikes-ing/): ING’s Chris Turner reports a firmer EUR/GBP after UK labour data, with economist James Smith highlighting a cool jobs market and minimal wage pressures, implying little impetus for Bank of England hikes this year. Sterling money markets still price 60bp of BoE tightening into next year, which Turner expects to be gradually priced out, with EUR/GBP biased […] - [US Dollar: Carry-supported but rangebound near term – OCBC](https://todaymarkets.com/us-dollar-carry-supported-but-rangebound-near-term-ocbc/): OCBC’s Sim Moh Siong and Christopher Wong highlight that still-attractive US Dollar (USD) carry and softer United States (US) data, which have reduced the odds of a September Fed hike, should keep the Dollar rangebound. They argue that as long as long-end US yields do not rise significantly further, risk assets and carry trades should […] - [Equities: Stagflation fears weigh on US stocks – Deutsche Bank](https://todaymarkets.com/equities-stagflation-fears-weigh-on-us-stocks-deutsche-bank/): Deutsche Bank strategists note that rising oil prices are reinforcing stagflation concerns and weighing on equities globally. The S&P 500 posted its worst session of August so far as market breadth weakened sharply, while European shares also declined and the negative momentum extended into Asian markets overnight. Stagflation pressure hits equities “Indeed, Brent crude oil […] - [Gold remains depressed below $4,400 as USD firms amid oil-driven inflation fears](https://todaymarkets.com/gold-remains-depressed-below-4400-as-usd-firms-amid-oil-driven-inflation-fears/): Gold (XAU/USD) sticks to modest intraday losses below the $4,400 mark heading into the European session on Tuesday and, for now, seems to have snapped a two-day winning streak. The US Dollar (USD) builds on the overnight bounce from a two-month trough as inflation risks stemming from higher oil prices underpin prospects for at least […] - [Indian Rupee: RBI inflow strategy recalibrated – Commerzbank](https://todaymarkets.com/indian-rupee-rbi-inflow-strategy-recalibrated-commerzbank/): Commerzbank analysts describe how the Reserve Bank of India’s (RBI) early closure of the FCNR(B) swap window follows strong FX inflows and rising liquidity costs. The move removes a source of bond demand and rupee liquidity, while RBI’s larger reserves and forward book reduce the need for further liabilities. USD/INR remains range-bound, with intervention containing […] - [Euro: Upside bias needs confirmation above 1.1615 against US Dollar – UOB](https://todaymarkets.com/euro-upside-bias-needs-confirmation-above-1-1615-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report that EUR/USD briefly broke above major resistance at 1.1610 to 1.1614 before fading, leaving the Euro in a near-term consolidation between 1.1560 and 1.1600. The 1–3 week outlook remains positive, but the pair must break and hold above 1.1615 to open 1.1655, with strong support anchored at […] - [Chart of The Day - The End of The Idyll in Japan? JP225 Loses Over 2%.](https://todaymarkets.com/chart-of-the-day-the-end-of-the-idyll-in-japan-jp225-loses-over-2/): After a wave of strong gains in the first half of August, the Japanese Nikkei 225 index recorded a sharp drop of over 2% today. The index contract is currently at 67400, deepening its declines along with falling contracts on US indices. If the current downward momentum continues at the end of the Asian session, […] - [Macro Calendar - US housing market in the spotlight of investors](https://todaymarkets.com/macro-calendar-us-housing-market-in-the-spotlight-of-investors/): The start of Tuesday’s session is marked by rising oil prices, a still weaker dollar, and waiting for further data from the United States. Today’s calendar is not very extensive but contains several important publications from the USA regarding the housing market and international trade prices. After the last series of weaker data, today’s reports […] - [EUR/USD Reverses Its Technical Trend](https://todaymarkets.com/eur-usd-reverses-its-technical-trend/): Is this the end of the U.S. dollar’s relative strength❓ On Monday, the EUR/USD exchange rate broke through an important technical barrier marked by the 200-day exponential moving average, also briefly breaching the 1.16 zone and reaching levels not seen for almost two months. Maintaining this momentum and closing the intraday candle above this level […] - [Technical Analysis: Ethereum](https://todaymarkets.com/technical-analysis-ethereum/): Ethereum prices, much like Bitcoin, have been consolidating for some time now. Since mid-July, the price has been trading within a very narrow range between the 100-period exponential moving average and the support level at $1,845. It appears that only a breakout from this consolidation could lead to a more significant trend movement. Should the […] - [SpaceX Isn't Giving Up - What Could Stop the buying pressure of Musk's “Stellar” Company?](https://todaymarkets.com/spacex-isnt-giving-up-what-could-stop-the-buying-pressure-of-musks-stellar-company/): SpaceX shares (SPCX.US) continued their upward trend on Monday, retesting the recent local highs of 12 August. A sharp rebound from the $106 level and growing institutional involvement have enabled the market to successfully absorb the recent first tranche of share releases; however, the coming months may pose a more serious test for the company’s […] - [XAG/USD falls to near $65.50 amid US-Iran peace uncertainty](https://todaymarkets.com/xag-usd-falls-to-near-65-50-amid-us-iran-peace-uncertainty/): Silver price (XAG/USD) declines after two days of gains, trading around $65.60 per troy ounce during the Asian hours on Tuesday. Silver prices fall as traders remain wary of potential inflation risks as prospects for a new diplomatic agreement between the US and Iran dimmed following statements from both sides. US President Donald Trump indicated […] - [United States Dollar Index holds ground on safe-haven demand](https://todaymarkets.com/united-states-dollar-index-holds-ground-on-safe-haven-demand/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching higher after three days of losses and trading around 99.60 during the Asian hours on Tuesday. The DXY receives minor support from safe-haven demand, which could be attributed to the geopolitical tensions between the United […] - [XAU/USD drifts lower as oil-driven inflation risks and US-Iran tensions bolster USD](https://todaymarkets.com/xau-usd-drifts-lower-as-oil-driven-inflation-risks-and-us-iran-tensions-bolster-usd/): Gold (XAU/USD) attracts some sellers following a modest Asian session uptick on Tuesday, stalling a two-day move higher from the $4,300 neighborhood. The US Dollar (USD) builds on the overnight bounce from a two-month trough as inflation risks stemming from higher crude oil prices underpin prospects for at least one interest rate hike by the […] - [WTI Price Bulls retain near two-week top, above $84.00 and 38.2% Fibo.](https://todaymarkets.com/wti-price-bulls-retain-near-two-week-top-above-84-00-and-38-2-fibo/): West Texas Intermediate (WTI) – the benchmark US Crude Oil price – enters a bullish consolidation phase after hitting an over two-week high during the Asian session on Tuesday and currently trades around the $84.20 region. Uncertainties stemming from the US-Iran standoff over the Strait of Hormuz keep the geopolitical risk premium in play and […] - [Ripple and Stellar outlook - Remain under bearish pressure as corrective declines cap upside](https://todaymarkets.com/ripple-and-stellar-outlook-remain-under-bearish-pressure-as-corrective-declines-cap-upside/): Ripple (XRP) and Stellar (XLM) remain under pressure as broader market uncertainty and weak technical momentum weigh on both altcoins. XRP is hovering below the key $1 mark on Tuesday while XLM continues its corrective decline below $0.157. Meanwhile, mixed derivatives and on-chain signals indicate cautious sentiment, leaving both cryptocurrencies vulnerable to further downside. Mixed derivatives cap recovery […] - [Copper Falls on Profit-Taking](https://todaymarkets.com/copper-falls-on-profit-taking/): Copper futures fell to around $6.55 per pound on Tuesday, hitting a two-week low as investors locked in profits after the metal surged to record highs earlier this month. The broader metals market also remained under pressure from rising oil prices, which kept inflationary risks and interest rate concerns in focus. The moves came as […] - [Oil Extends Gains as Peace Prospects Dim](https://todaymarkets.com/oil-extends-gains-as-peace-prospects-dim/): Crude oil climbed above $85 per barrel on Tuesday, rising for a third consecutive session as prospects for a new agreement between the US and Iran weakened after President Donald Trump said he was not interested in extending the interim peace deal. The memorandum of understanding signed in June, which was intended to give both […] - [Brent Extends Gains as Peace Prospects Dim](https://todaymarkets.com/brent-extends-gains-as-peace-prospects-dim/): Brent crude climbed above $91 per barrel on Tuesday, rising for a third consecutive session as prospects for a new agreement between the US and Iran weakened after President Donald Trump said he was not interested in extending the interim peace deal. The memorandum of understanding signed in June, which was intended to give both […] - [Heating Oil Hits Over 4-Month High](https://todaymarkets.com/heating-oil-hits-over-4-month-high/): US heating oil futures rose to around $4.45 per gallon on Tuesday, reaching their highest level since early April, as fading hopes for a near-term resolution to the US-Iran conflict heightened expectations of prolonged supply disruptions from the region. President Donald Trump said he was not interested in extending an agreement with Tehran that technically […] - [Soybeans Hit 3-Week High](https://todaymarkets.com/soybeans-hit-3-week-high/): Soybean futures rose above $12 per bushel, hitting a three-week high as stronger soybean crushing activity and higher crude oil prices supported the market. The National Oilseed Processors Association data showed members crushed 216.647 million bushels of US soybeans in July, up 1.1% from June and 10.7% from a year earlier. However, the daily crush […] - [Corn Holds Rally Near 3-Month Peak](https://todaymarkets.com/corn-holds-rally-near-3-month-peak/): Corn futures held their recent rally to above $4.6 per bushel, near a thirteen-week high as traders weighed fresh crop assessments from the Pro Farmer Crop Tour and robust export demand. Early field observations pointed to drought damage in South Dakota and uneven crop maturity in Ohio, raising concerns that actual yields could fall short […] - [European Gas Extends Gain](https://todaymarkets.com/european-gas-extends-gain/): European natural gas prices extended gains, rising above €62 per MWh on Tuesday, amid fading hopes for a Middle East peace deal that could facilitate the reopening of the Strait of Hormuz. President Trump said he was in no rush to resolve the conflict and warned of military action against Oman if it obstructed US […] - [Palm Oil Hits Over 4-Month High Above MYR 4,800](https://todaymarkets.com/palm-oil-hits-over-4-month-high-above-myr-4800/): Malaysian palm oil futures extended recent gains, hovering above MYR 4,800 per tonne and reaching their highest level since early April. Firmer edible oils on the Dalian and Chicago markets supported sentiment, while higher crude oil prices provided an additional boost as prospects for a deal to end the Middle East war appeared increasingly distant. […] - [British Pound: Upside remains intact above 1.3605 against US Dollar - UOB](https://todaymarkets.com/british-pound-upside-remains-intact-above-1-3605-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann maintain a positive 1–3 week outlook for GBP/USD, with 1.3700 still in sight as long as the pair holds above 1.3605. While the near-term tone has softened and spot has slipped below the bank’s expected 1.3630–1.3665 intraday range, the broader upside scenario remains valid unless strong support […] - [Euro: Holds near 1.1670 against US Dollar as rate moves offset - Danske Bank](https://todaymarkets.com/euro-holds-near-1-1670-against-us-dollar-as-rate-moves-offset-danske-bank/): Danske Research Team reports that EUR/USD remained little changed around 1.1670, with the chart showing only a modest pullback from overnight highs before a partial recovery. Lower US yields and softer oil prices weighed on the Dollar, but declining European rates limited the Euro’s upside, leaving the pair without a clear directional signal. EUR/USD stays broadly stable […] - [European Gas Prices Extend Decline](https://todaymarkets.com/european-gas-prices-extend-decline/): European natural gas prices dropped more than 5% to below €64 per megawatt-hour on Wednesday, extending losses from the previous session as signs of progress in the Middle East talks eased fears of a squeeze on energy supplies. Iran’s and Oman’s foreign ministers said that they discussed plans for a temporary transit corridor through the […] - [US Natgas Prices Rebound](https://todaymarkets.com/us-natgas-prices-rebound/): US natural gas prices rose to around $2.81/MMBtu on Wednesday, recovering from a one-week low reached in the previous session as forecasts for hotter weather lifted expectations for stronger cooling demand. According to the Commodity Weather Group, forecasts shifted toward hotter conditions, with above-average temperatures anticipated across the Gulf, Midwest, and Mid-Atlantic regions from August […] - [Copper Hits Fresh Record High](https://todaymarkets.com/copper-hits-fresh-record-high/): Copper futures climbed above $6.7 per pound on Wednesday, reaching a new all-time high as supply-side risks persisted despite a recent easing of the market squeeze. Traders continued to divert shipments toward the US amid elevated premiums and expectations of new tariffs under the Trump administration, with the White House yet to make a final […] - [Corn Hits 3-Year High on US Crop Concerns](https://todaymarkets.com/corn-hits-3-year-high-on-us-crop-concerns/): Corn futures jumped above $5 per bushel, hitting their highest level since July 2023 as mounting concerns over US crop yields pointed to tighter supplies. The Pro Farmer Crop Tour recently estimated the 2026 US corn yield at 173.2 bushels per acre, well below the USDA’s latest forecast of 180.7 bushels, while production was projected […] - [Palm Oil Retreats to One-Week Low](https://todaymarkets.com/palm-oil-retreats-to-one-week-low/): Malaysian palm oil futures extended losses, trading below MYR 4,900 per tonne and touching their lowest level in a week as traders returned from a holiday. Sentiment was pressured by a stronger ringgit and weaker soyoil prices on the Chicago market, while crude oil fell on renewed hopes that the Strait of Hormuz could reopen. […] - [Wheat Futures Hit 1-Month High](https://todaymarkets.com/wheat-futures-hit-1-month-high/): Wheat futures climbed toward $7 per bushel in late August, reaching their highest level since July 23, as intensifying Russia-Ukraine attacks threatened to further disrupt grain shipments from the Black Sea. The worsening conflict has raised concerns over the ability of the two major wheat exporters to move their crops to global markets, particularly as […] - [Soybeans Hold at 1-Month High](https://todaymarkets.com/soybeans-hold-at-1-month-high/): Soybean futures held above $12.2 per bushel, staying near a four-week high as weaker US crop conditions and fresh export demand supported prices. The USDA’s national soybean rating dipped over the past week, with the share of the crop rated good-to-excellent falling 1 percentage point to 60% for the week ended August 23. Although 91% […] - [Gold: Tariff conflict fuels safe haven bid – Commerzbank](https://todaymarkets.com/gold-tariff-conflict-fuels-safe-haven-bid-commerzbank/): Commerzbank’s Carsten Fritsch reports that Gold has surged to a three‑month high near USD 4,700 per ounce as US–Canada tariff tensions escalate and concerns over US debt intensify. Silver and Platinum have also rallied. Strong ETF inflows, particularly in North America, suggest sustained investor interest, and the bank sees indications that Gold prices will continue to rise. […] - [US Dollar: Fragmentation risks and reserve diversification – MUFG](https://todaymarkets.com/us-dollar-fragmentation-risks-and-reserve-diversification-mufg/): Michael Wan at MUFG discusses US threats of economic punishment on countries dealing with Iran and new sanctions on over 60 entities. He argues that rising geoeconomic fragmentation encourages countries to diversify reserves, trade and financial links away from reliance on any single system, including the Dollar-based one. Wan also references ongoing US–Canada trade tensions […] - [Australian Dollar: RBA risks and carry support – BBH](https://todaymarkets.com/australian-dollar-rba-risks-and-carry-support-bbh/): Brown Brothers Harriman’s (BBH) Elias Haddad notes the Australian Dollar (AUD) largely ignored the Reserve Bank of Australia’s (RBA) August Minutes, which reiterated Governor Michele Bullock’s warning that another rate hike is quite possible. Futures imply around 60% odds of a final 25 bps hike to 4.60% by year-end. Haddad sees risks skewed toward an […] - [British Pound: Range trading outlook against Euro – Rabobank](https://todaymarkets.com/british-pound-range-trading-outlook-against-euro-rabobank/): Rabobank’s Senior FX Strategist Jane Foley discusses the British Pound’s (GBP) recent performance, noting it is currently the top G10 currency on a 1‑day view but only middling over longer horizons. Foley expects EUR/GBP to trade in a range over the coming weeks, with a mild upside bias later in the year as fiscal realism […] - [Canadian Dollar: Trade conflict keeps downside risks alive against US Dollar - ING](https://todaymarkets.com/canadian-dollar-trade-conflict-keeps-downside-risks-alive-against-us-dollar-ing/): ING’s Francesco Pesole highlights escalating US-Canada trade tensions, with new US tariffs on Canadian autos and parts announced for early next year. He notes both sides remain entrenched in conflict territory and argues the recent rebound in USD/CAD has room to extend beyond 1.390, as trade risks and broader Dollar dynamics continue to influence the […] - [Japanese Yen: Range trade within 157.90 and 159.80 against US Dollar – UOB](https://todaymarkets.com/japanese-yen-range-trade-within-157-90-and-159-80-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann describe USD/JPY as locked in a range-trading phase, with a slightly firmer tone keeping the pair in a higher intraday band of 158.80–159.45. Their 1–3 week view is now neutral after earlier downside bias faded, and they expect the pair to oscillate between 157.90 […] - [Trade of the day: DE40](https://todaymarkets.com/trade-of-the-day-de40/): Facts: DE40 broke above the resistance at 26225 German index is trading in a long-term upward trend Recommendation: Trade: Long DE40 at market price Target: 26580 Stop loss: 26130 Opinion: DE40 has been trading in a downward correction move recently. However, taking a look at the H1 internal, we can see that the price bounced […] - [Commodity Wrap - Natgas, Cocoa, Gold, Oil](https://todaymarkets.com/commodity-wrap-natgas-cocoa-gold-oil/): Market Situation During today’s session on the commodities market, slight declines prevail, with the average decrease amounting to -0.26% and only 7 out of 26 assets rising. The growth leaders remain agricultural commodities and European natural gas, which has gained over 8% this week. Precious metals are undergoing a correction today, including platinum (-1.67%) and […] - [Chart of the Day: EURUSD Under Pressure from the Dollar. Bessent, PCE and Jackson Hole to Determine the Next Direction](https://todaymarkets.com/chart-of-the-day-eurusd-under-pressure-from-the-dollar-bessent-pce-and-jackson-hole-to-determine-the-next-direction/): Tuesday’s EURUSD session is seeing the dollar strengthen slightly, but the situation in the foreign exchange market remains much more complicated than it was just a few days ago. The euro-dollar pair has pulled back from around 1.17, but a number of developments are emerging in the background that could have a much greater impact […] - [Nvidia Goes to Space. SpaceX Is Building Satellites Powered by Its Chips](https://todaymarkets.com/nvidia-goes-to-space-spacex-is-building-satellites-powered-by-its-chips/): Imagine a moment when a data center is no longer a building somewhere in Texas, but a satellite orbiting hundreds of kilometers above our heads. Sounds like science fiction? Elon Musk apparently believes it can become a business. SpaceX is accelerating its plans to build orbital AI infrastructure. The first satellites are expected to be […] - [Strong Crypto, Weaker Nasdaq and Another Chapter in the US–Canada Trade War](https://todaymarkets.com/strong-crypto-weaker-nasdaq-and-another-chapter-in-the-us-canada-trade-war/): Stock Market Geopolitics and Trade Policy Macroeconomics and Monetary Policy Commodities and Precious Metals Cryptocurrencies - [Iron Ore Gains on China Demand Hopes](https://todaymarkets.com/iron-ore-gains-on-china-demand-hopes/): Iron ore futures rose toward CNY 720 per ton, moving further away from 14-month lows on hopes for stronger demand in top consumer China ahead of the September peak construction season, while Beijing signaled fresh policy support. Markets are anticipating restocking ahead of the seasonal peak in steel demand as construction activity picks up before […] - [US Natgas Prices Decline](https://todaymarkets.com/us-natgas-prices-decline/): US natural gas prices fell to around $2.74/MMBtu on Tuesday, retreating after a two-day advance as strong production, ample inventories, and weaker LNG feedgas demand weighed on the market. Output in the Lower 48 states averaged a record 111.5 bcfd in August so far, up from 110.7 bcfd in July, adding to supply pressure as […] - [Gold moves away from multi‑month top as Fed rate fears and Middle East jitters support USD](https://todaymarkets.com/gold-moves-away-from-multi-month-top-as-fed-rate-fears-and-middle-east-jitters-support-usd/): Gold (XAU/USD) faces rejection ahead of the $4,700 mark on Tuesday and witnessed an intraday turnaround from its highest level since May 14, touched during the Asian session. Despite tamer July US inflation data, traders are still pricing in around a 75% chance that the US central bank will raise borrowing costs by the end […] - [XAG/USD corrects below $68 in countdown to US PCE Inflation data](https://todaymarkets.com/xag-usd-corrects-below-68-in-countdown-to-us-pce-inflation-data/): Silver price (XAG/USD) is down 1.6% to near $67.87 during the Asian trading session on Tuesday. The white metal is under pressure as investors turn cautious ahead of the United States (US) Personal Consumer Expenditure Price Index (PCE) data for July, which will be released on Wednesday. Investors will pay close attention to the US core […] - [Heating Oil Holds Losses](https://todaymarkets.com/heating-oil-holds-losses-2/): US heating oil futures traded around $4.28 per gallon, holding most of their losses from the previous session, as markets assessed intensified US economic pressure on Iran aimed at reopening the Strait of Hormuz. The Trump administration announced plans to impose secondary sanctions on entities facilitating Iran’s economy as part of a new campaign dubbed […] - [Gasoline Holds Decline](https://todaymarkets.com/gasoline-holds-decline/): US gasoline futures traded around $3.27 per gallon, holding onto their previous-session losses as investors weighed intensified US economic pressure on Iran. The Trump administration announced plans to impose secondary sanctions on entities facilitating Iran’s economy as part of a new campaign dubbed “Operation Economic Outcast.” Treasury Secretary Scott Bessent said the US was targeting […] - [Dollar Steadies as US Tightens Iran Sanctions](https://todaymarkets.com/dollar-steadies-as-us-tightens-iran-sanctions/): The dollar index steadied near 99 on Tuesday after gaining some ground in the previous session, supported by safe-haven demand as the US moved to cut Iran off from the global financial system, highlighting the greenback’s central role in international trade. Treasury Secretary Scott Bessent announced plans on Monday to isolate Iran through sanctions targeting […] - [European Natural Gas Holds Gain](https://todaymarkets.com/european-natural-gas-holds-gain/): European natural gas prices held above €68/MWh, the highest level since January 2023, as fresh US measures against Iran intensified concerns over further disruptions to energy supplies from the Persian Gulf. The US Treasury said expanded secondary sanctions would target Iran’s digital assets, technology, gold, aviation and shipping sectors. It also imposed new sanctions on […] - [Bitcoin Surges Above $80,000](https://todaymarkets.com/bitcoin-surges-above-80000/): Bitcoin surged above $80,000 on Tuesday, reaching its highest level since May and bringing its gains since mid-August to about 28%. The move was fueled by a series of positive signals, including renewed interest in the “debasement trade” after the US Treasury announced plans to increase purchases of longer-dated government bonds, weighing on long-term yields […] - [US-Canada trade conflict escalates](https://todaymarkets.com/us-canada-trade-conflict-escalates/): It is no longer an exaggeration to say that trade and diplomatic relations between the United States and Canada have reached their most serious deadlock since the USMCA entered into force. USDCAD Chart (D1) USDCAD expierenced increase of aprox. 0,3% on the news, although its worth pointing out that the pair was already over-sold in […] - [European gas continues to climb](https://todaymarkets.com/european-gas-continues-to-climb/): NATGAS.EU up more than 3% European gas contracts are rising by nearly 3% in Monday’s session, while US gas is up just under 1%. This is due to specific factors currently affecting Europe, which is dependent on gas imports. Technical analysis of NATGAS.EU (D1) On the chart, the price can be seen approaching the upper […] - [Will Jackson Hole be a turning point for the dollar?](https://todaymarkets.com/will-jackson-hole-be-a-turning-point-for-the-dollar/): Last week was dominated by debt market events. On Wednesday, US Treasury Secretary Scott Bessent announced an expansion of the bond buyback programme, known as the liquidity support buyback. The market reaction was swift: 30-year bond yields fell immediately by 10 bps, and the dollar weakened by 0.9% against the reference euro. Figure 1: G10 […] - [Trade of the day: AUDNZD](https://todaymarkets.com/trade-of-the-day-audnzd/): Facts Recommendation Source: xStation5 Opinion The AUDNZD pair has been trading within a relatively narrow consolidation range (1.1910–1.2120; largely contained within the black Bollinger Bands) since the end of July 2026, after retreating from historical highs in response to the gradual normalization of monetary policy in both economies (the RBA has slowed the pace of […] - [Euro: Rally vulnerable to reversal against US Dollar – Scotiabank](https://todaymarkets.com/euro-rally-vulnerable-to-reversal-against-us-dollar-scotiabank/): Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Euro (EUR) is softer against the Dollar (USD) after an almost 3% rally from late July, with price action turning defensive. German IFO data and rising political risks, including widening Bund–BTP spreads and French budget talks, are in focus. Technically, EUR/USD remains bullish, with resistance above 1.1700 […] - [Federal Reserve: Warsh faces a communication test – DBS](https://todaymarkets.com/federal-reserve-warsh-faces-a-communication-test-dbs/): DBS Bank strategist Philip Wee argues that Fed Chairman Kevin Warsh’s rejection of forward guidance is amplifying market volatility and complicating the policy mix with the Treasury. He warns that without a clear framework, reduced guidance could be seen less as a return to market price discovery and more as a source of uncertainty for […] - [US Dollar: Policy risks keep downside bias – ING](https://todaymarkets.com/us-dollar-policy-risks-keep-downside-bias-ing/): ING’s Chris Turner, Francesco Pesole and Frantisek Taborsky note the Dollar starts the week soft as markets await US policy signals from the White House. Sanctions on Iran, renewed US-Canada trade tensions and possible fiscal consolidation are in focus, alongside US core PCE and Kevin Warsh’s Jackson Hole speech. They see scope for further Dollar […] - [Euro: Range consolidation against US Dollar as growth gap narrows – Societe Generale](https://todaymarkets.com/euro-range-consolidation-against-us-dollar-as-growth-gap-narrows-societe-generale/): Societe Generale’s Kit Juckes notes EUR/USD has retraced half of its drop from above 1.20 to 1.1325 and is now stuck in a range as markets await fresh US data. He highlights that 2026 US growth forecasts have been revised down to 2.1%, while Eurozone forecasts were raised to 0.8%, with relative rates tracking relative growth expectations. […] - [Canadian Dollar: Trade war escalation threatens recent strength – MUFG](https://todaymarkets.com/canadian-dollar-trade-war-escalation-threatens-recent-strength-mufg/): MUFG’s Derek Halpenny argues the Canadian Dollar’s (CAD) reaction to the new US tariffs on USD 20bn of Canadian exports will hinge on escalation risks rather than the initial measures. CAD has underperformed in G10 after talks broke down, and Halpenny warns that tit-for-tat tariffs and fading support from higher Oil could intensify CAD downside […] - [Bitcoin posts its second-best week since 2021 as Dollar weakens](https://todaymarkets.com/bitcoin-posts-its-second-best-week-since-2021-as-dollar-weakens/): Bitcoin gained 23.6% in the week to 21 August 2026, its second-best weekly performance since February 2021, according to CoinDesk. Expanded U.S. Treasury bond buybacks pushed yields and the dollar lower, lifting risk assets. Bitcoin gained 23.6% in the week to 21 August Bitcoin gained 23.6% over the five sessions to 21 August 2026, its second-best weekly […] - [Gold extends rally as markets await US PCE and Warsh’s Jackson Hole speech](https://todaymarkets.com/gold-extends-rally-as-markets-await-us-pce-and-warshs-jackson-hole-speech/): Gold (XAU/USD) holds intraday gains at the start of American trading hours on Monday, building on the strong rally seen last week following the US Treasury’s buyback announcement. At the time of writing, XAU/USD trades around $4,658, up nearly 1.2% on the day at levels last seen on May 15. The Treasury’s decision to increase […] - [Australian Dollar: Cooling inflation but carry remains supportive – BBH](https://todaymarkets.com/australian-dollar-cooling-inflation-but-carry-remains-supportive-bbh/): Brown Brothers Harriman’s (BBH) Elias Haddad expects Australia’s July Consumer Price Index (CPI) to ease, with headline and trimmed mean inflation drifting lower, in line with softer labor conditions and wage growth. Reserve Bank of Australia (RBA) Minutes and Q2 capex will shape rate expectations, with futures still pricing a 60% chance of one more […] - [CEE FX: Koruna leads as policy diverges – Commerzbank](https://todaymarkets.com/cee-fx-koruna-leads-as-policy-diverges-commerzbank/): Commerzbank’s Tatha Ghose reviews recent CEE FX performance, noting that the euro’s strength above 1.17 has supported high-beta PLN and HUF, while the Czech koruna has also gained despite its lower beta profile. He highlights the divergence in regional monetary policy, with the CNB expected to tighten further while the MNB remains in an easing […] - [Hungarian Forint: MNB easing and HUF carry prospects – BNY](https://todaymarkets.com/hungarian-forint-mnb-easing-and-huf-carry-prospects-bny/): BNY’s Geoff Yu describes Hungary as a constructive story within EMEA, with post-election re-rating and scope for continued MNB easing. Yu notes corporate flows are strong, spreads still compensatory, and argues Hungarian Forint (HUF) can make a stronger case as a carry currency if inflation stays contained, even as power and energy constraints justify caution […] - [Canadian Dollar: GDP rebound supports Loonie – TD Securities](https://todaymarkets.com/canadian-dollar-gdp-rebound-supports-loonie-td-securities/): TD Securities economists Robert Both and Emma Lawrence expect Canada’s Q2 National Accounts to show a sharp rebound in Gross Domestic Product (GDP) growth, driven by stronger exports and solid services activity. They forecast expenditure-based GDP at 3.5% annualized and industry-level GDP up 0.3% m/m, with July flash data likely keeping Q3 GDP above potential […] - [US Dollar: Debasement narrative caps upside – OCBC](https://todaymarkets.com/us-dollar-debasement-narrative-caps-upside-ocbc/): OCBC’s Sim Moh Siong and Christopher Wong note that the US Treasury’s expanded long-end buyback programme has revived market fears of Dollar debasement, driving a weaker USD, stronger Gold and higher breakevens. They stress this is not classic QE, but highlight rising US policy uncertainty, questions over Fed independence and Jackson Hole risks as key […] - [Gold: Breakout sustains upward momentum – Societe Generale](https://todaymarkets.com/gold-breakout-sustains-upward-momentum-societe-generale/): Societe Generale analysts highlight that Gold has broken out of a small base formation, reclaimed its 200‑DMA and is enjoying an extended rebound. The move is framed within broader Dollar debasement concerns and rising term premium. The bank flags successive upside hurdles at $4,730/$4,770 and the April peak at $4,890, with the 200‑DMA near $4,510 […] - [Chart of the Day: Trump drives the Canadian dollar sell-off](https://todaymarkets.com/chart-of-the-day-trump-drives-the-canadian-dollar-sell-off/): The week has begun with relatively low volatility in the currency market. An exception is the Canadian dollar, which is weakening against the US dollar today by over 0.4%. Figure 1: G10 Currency Dashboard (24.06.2026) Source: XTB Research, 24.08.2026 Where can the reasons for such a move be found? Return of the Trade War Talks […] - [Oil prices heading back down?](https://todaymarkets.com/oil-prices-heading-back-down/): According to reports from Axios, Friday night saw increased activity in the Strait of Hormuz. Approximately 16 million barrels were reportedly transported, representing nearly 80% of the standard volume prior to the outbreak of the war. Movement was primarily observed off the coast of Oman, with an estimated 40 tankers transiting in both directions. 🛢️ […] - [Steel Drops to 4-Week Low](https://todaymarkets.com/steel-drops-to-4-week-low/): Steel rebar futures fell to around CNY 3,070, retreating from multi-week highs to four-week lows as weak construction activity and elevated rebar inventories continued to weigh on sentiment. China’s property market remained under pressure, with new home prices falling year-on-year in July, while rebar stockpiles stayed above year-ago levels. Weak mill profitability also limited buying […] - [Copper Falls as Inventories Ease Supply Concerns](https://todaymarkets.com/copper-falls-as-inventories-ease-supply-concerns/): Copper futures fell to around $6.55 per pound on Monday, retreating from recent gains as a sharp build-up in exchange inventories eased concerns over near-term supply tightness. LME-monitored copper inventories stood at 238,575 tons on August 20, about 16% above their February low, while SHFE-monitored stocks jumped 28.4% last week to 89,548 tons. The rise […] - [European Gas Holds Firm](https://todaymarkets.com/european-gas-holds-firm/): European natural gas prices remained near multi-year highs, hovering around €65.8/MWh on Monday, as investors awaited details of a US plan to economically isolate Iran that could further disrupt energy supplies from the Middle East. Treasury Secretary Bessent is scheduled to hold a press conference later today and has threatened to impose “the toughest sanctions […] - [Soybeans Trade Near Multi-Week High](https://todaymarkets.com/soybeans-trade-near-multi-week-high/): Soybeans traded above $12.20 per bushel, hovering near multi-week highs as strong demand offset a limited increase in US crop prospects. The Pro Farmer Crop Tour put the US soybean yield at just 0.6 bushels per acre above the USDA’s August estimate, implying only 53 million bushels more production, suggesting the findings may have a […] - [Iron Ore Weakens Despite China Stimulus](https://todaymarkets.com/iron-ore-weakens-despite-china-stimulus/): Iron ore futures hovered around CNY 710 per ton, with underlying demand concerns persisting despite fresh Chinese stimulus signals. China’s steel output fell 3.6% year-on-year to 76.93 million tons in July, the lowest for the month since 2017, while inventories remained elevated. Weak property activity weighed on demand, with home prices down 3.2% year-on-year, while […] - [WTI slips below $85.00 as traders take profits before new US sanctions on Iran](https://todaymarkets.com/wti-slips-below-85-00-as-traders-take-profits-before-new-us-sanctions-on-iran/): West Texas Intermediate (WTI) oil price depreciates after two days of gains, trading around $84.80 per barrel during the Asian hours on Monday. Crude oil prices decline as investors took profits ahead of an expected US announcement regarding stricter sanctions against Iran. US Treasury Secretary Scott Bessent stated that Washington plans to impose the “toughest” […] - [Gold gains momentum above $4,600 on US Treasury buyback plans](https://todaymarkets.com/gold-gains-momentum-above-4600-on-us-treasury-buyback-plans/): Gold gains momentum above $4,600 on US Treasury buyback plans Gold price (XAU/USD) gains traction to around $4,625 during the early Asian trading hours on Monday. The precious metal climbs to the highest since May 15 as the US Treasury’s buyback support plan weighs on the US Dollar (USD). US Treasury Secretary Scott Bessent said on […] - [United States Dollar Index softens below 99.00 on US fiscal concerns](https://todaymarkets.com/united-states-dollar-index-softens-below-99-00-on-us-fiscal-concerns/): The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.80 in the Asian trading hours on Monday. The DXY declines to near three-month lows as a market unsettled by the US Treasury’s promise to buy back more long bonds.  US Treasury Secretary Scott Bessent […] - [XAG/USD holds bullish below $70.00/two-month high set on Friday](https://todaymarkets.com/xag-usd-holds-bullish-below-70-00-two-month-high-set-on-friday/): Silver (XAG/USD) seesaws between tepid gains and minor losses around the $69.00 mark through the Asian session on Monday. The white metal, however, remains within striking distance of a two-month high, around the $70.00 psychological mark touched on Friday, and seems poised to appreciate further. The XAG/USD holds a near-term bullish bias following last week’s breakout […] - [Heating Oil Retreats](https://todaymarkets.com/heating-oil-retreats/): US heating oil futures fell to around $4.40 per gallon, retreating from their highest level since early April, tracking a decline in benchmark crude prices as markets await Washington’s announcement of new sanctions on Iran. Treasury Secretary Scott Bessent is set to outline the measures at a press conference, warning that the US could impose […] - [Corn Futures Rally to 17-Month High](https://todaymarkets.com/corn-futures-rally-to-17-month-high/): Corn futures climbed toward $5 per bushel, hitting a seventeen-month high as growing concerns over US crop yields fueled expectations of tighter supplies. The Pro Farmer Crop Tour estimated the national corn yield at 173.2 bushels per acre, well below the USDA’s August forecast of 180.7 bushels and implying production of 15.344 billion bushels, around […] - [Three markets to watch next week](https://todaymarkets.com/three-markets-to-watch-next-week-3/): The previous week brought turmoil regarding US debt to the markets, which visibly impacted the valuation of assets such as the dollar and gold. Despite the summer holiday mood, the end of August could feature higher volatility across global financial markets. Attention is focused on three key events: the Jackson Hole symposium starting on Thursday, […] - [Week ends with a shallow rebound](https://todaymarkets.com/week-ends-with-a-shallow-rebound/): USA Company News, USA Macroeconomic Data, USA Europe Company News, Europe Macroeconomic Data, Europe Forex Commodities Crypto - [Ross Stores: "Only" good earnings, or a recession signal?](https://todaymarkets.com/ross-stores-only-good-earnings-or-a-recession-signal/): One of the less exciting, yet moderately important U.S. companies reporting earnings today was Ross Stores. Ross Stores operates several discount retail chains, meaning stores aimed at less affluent customers. Ross Stores’ stated and target customer group is “middle income,” but looking at the U.S. retail landscape, the USD 80,000 to 90,000 annual income bracket […] - [Hot US Weather Forecasts Push Nat-Gas Prices Higher](https://todaymarkets.com/hot-us-weather-forecasts-push-nat-gas-prices-higher/): September Nymex natural gas (NGU26) on Friday closed up +0.040 (+1.46%). Nat-gas prices settled higher on Friday as forecasts for hotter US weather could potentially boost nat-gas demand from electricity providers to power increased air conditioning use.  The Commodity Weather Group said on Friday that forecasts shifted to hotter, with above-average temperatures across Texas, the […] - [Crude Oil Prices Rise as Middle East Hostilities Persist](https://todaymarkets.com/crude-oil-prices-rise-as-middle-east-hostilities-persist/): October WTI crude oil (CLV26) closed up +0.23 (+0.26%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0377 (+1.25%). Crude oil and gasoline prices settled higher on Friday, with gasoline posting a 3.5-week high.  Crude prices were supported on Friday by threats from President Trump to crush Iran’s economy, dampening any hopes of a […] - [Coffee Prices Slip on Brazil Harvest Pressures](https://todaymarkets.com/coffee-prices-slip-on-brazil-harvest-pressures/): December arabica coffee (KCZ26) is down -0.25 (-0.08%) today, and September ICE robusta coffee (RMU26) is down -86 (-2.32%). Coffee prices are falling today, with robusta sharply lower.  Arabica coffee is under pressure on expectations for drier weather in Brazil to speed up the pace of the country’s coffee harvest.  Robusta is retreating amid rising […] - [Cattle Markets Crash and Bounce Back As News Alert Roils Markets](https://todaymarkets.com/cattle-markets-crash-and-bounce-back-as-news-alert-roils-markets/): The Cattle futures markets gap opened lower on Friday as news from the White House sent prices reeling. In an attempt to lower beef prices, the US will allow for the next three months additional ground beef to come in tariff free. There will be 300,000 metric tons of product for ground beef imported with […] - [Cocoa Prices Retreat as Global Supplies Improve](https://todaymarkets.com/cocoa-prices-retreat-as-global-supplies-improve/): September ICE NY cocoa (CCU26) closed down -98 (-1.61%) on Friday, and September ICE London cocoa #7 (CAU26) closed down -10 (-0.23%). Cocoa prices settled lower on Friday amid signs of larger global supplies after Bloomberg reported that Nigeria’s July cocoa bean exports rose +18% y/y to 16,052 MT.  Nigeria is the world’s fifth-largest cocoa […] - [Sugar Prices Consolidate Recent Rally](https://todaymarkets.com/sugar-prices-consolidate-recent-rally/): October NY world sugar #11 (SBV26) closed up +0.09 (+0.51%) on Friday, and October London ICE white sugar #5 (SWV26) closed down -0.60 (-0.11%). Sugar prices settled mixed on Friday, as prices consolidated recent sharp gains.  Concerns that the global sugar market will soon be in deficit are underpinning prices. On Thursday, NY sugar posted […] - [Cotton Closes Steady on Friday](https://todaymarkets.com/cotton-closes-steady-on-friday/): Cotton futures were up 1 to 7 points in the front months on Friday, with contracts down 8 points to 20 points higher. December was up 355 points on the week. Crude oil was down 19 cents with the US dollar index $0.063 lower. Commitment of Traders data showed managed money adding another 5,798 contracts […] - [Wheat Faded Lower into the Weekend](https://todaymarkets.com/wheat-faded-lower-into-the-weekend/): The wheat complex is in the red across the three exchanges on Friday. Chicago SRW contracts were fractionally to 1 ¼ cents lower on Friday, with September up 6 ¾ cents on the week. KC HRW futures posted losses of 1 ¾ to 6 cents on the session, with September holding onto a 2 cent […] - [Soybeans Firm Higher Late on Friday](https://todaymarkets.com/soybeans-firm-higher-late-on-friday/): Soybeans pushed higher late on Friday, with contracts up 1 to 4 ¼ cents at the close. September was up 47 ¼ cents on the week, with November 47 cents higher. September options expired today. The cmdtyView national average Cash Bean price was up 3 1/4 cent at $12.02. Soymeal futures posted gains of $2 to $3.60 on the […] - [Corn Rallies into Friday’s Close Following Week of Weaker Tour Yields](https://todaymarkets.com/corn-rallies-into-fridays-close-following-week-of-weaker-tour-yields/): Corn futures found late strength on Friday with contracts 2 ¾ to 6 ½ cents higher across the board. September was 24 ¾ cents higher on the week, with December rallying 25 ¼ cents. September options expired today. The CmdtyView national average Cash Corn price was up 5 cents at $4.52 ½. USDA reported 205,000 MT of […] - [Forecasting the upcoming week: Warsh's Jackson Hole debut and US inflation test a soft US Dollar](https://todaymarkets.com/forecasting-the-upcoming-week-warshs-jackson-hole-debut-and-us-inflation-test-a-soft-us-dollar/): The US Dollar Index (DXY) ended the week near even with Thursday, holding near 98.80. Like Thursday, DXY traded down to the 98.50s before recovering later in the session. The US Dollar Index trades near its lowest since May. The softness owes less to the data than to the plumbing: the US Treasury’s move to […] - [Bank of Canada: Tariff deal unlikely to accelerate hikes – TD Securities](https://todaymarkets.com/bank-of-canada-tariff-deal-unlikely-to-accelerate-hikes-td-securities/): TD Securities’ Robert Both expects the Bank of Canada to remain cautious even if a tariff agreement is reached. The Bank wants more data on how lower tariffs affect exports and output, with key trade figures not available until November. TD forecasts the BoC staying on hold through 2026 and delivering its first rate hike […] - [United Kingdom: Resilient growth outlook – Deutsche Bank](https://todaymarkets.com/united-kingdom-resilient-growth-outlook-deutsche-bank/): Deutsche Bank Research, led by Sanjay Raja and Maui Brennan, highlights the United Kingdom (UK) economy’s surprising resilience to the Iran-related energy shock in 2026. Gross Domestic Product (GDP) grew 0.6% q-o-q in Q1 and 0.4% in Q2, making the UK the fastest-growing G7 economy. Softer inflation, strong household spending, robust business investment and stockpiling […] - [South Korean Won: Cautious tightening path expected from BoK – DBS](https://todaymarkets.com/south-korean-won-cautious-tightening-path-expected-from-bok-dbs/): DBS economists Taimur Baig and Radhika Rao expect the Bank of Korea (BoK) to raise its base rate by 25bps to 3.00% at the August meeting, alongside upgraded Gross Domestic Product (GDP) and Consumer Price Index (CPI) forecasts. They highlight stronger-than-expected first-half growth, persistent core inflation and rising housing prices, but also note a hawkish […] - [Malaysian Ringgit: Robust trade supports MYR – Commerzbank](https://todaymarkets.com/malaysian-ringgit-robust-trade-supports-myr-commerzbank/): Commerzbank’s Moses Lim notes Malaysia’s July exports rose 38.0% year-on-year, marking a fourth month of double‑digit growth led by electronics and machinery. The bank highlights resilient external demand, strong shipments to the US and China, and an AI‑driven electronics cycle. USD/MYR has fallen for four sessions, with the Malaysian Ringgit slightly outperforming other Asian currencies […] - [Thai Baht: Extended policy pause expected from Bank of Thailand – DBS](https://todaymarkets.com/thai-baht-extended-policy-pause-expected-from-bank-of-thailand-dbs/): DBS economists Taimur Baig and Radhika Rao expect the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.00% in August, extending the pause after June’s unanimous decision. They cite uneven economic growth, easing but still elevated headline inflation within the 1–3% target range, and scope for accommodative policy to support recovery alongside […] - [Malaysian Ringgit: Supported by strong fundamentals against US Dollar – OCBC](https://todaymarkets.com/malaysian-ringgit-supported-by-strong-fundamentals-against-us-dollar-ocbc/): OCBC’s Sim Moh Siong and Christopher Wong stress that the Malaysian Ringgit (MYR) remains relatively well supported by a softer US Dollar (USD) and robust domestic fundamentals. July exports surged and the trade surplus widened, underpinned by strong electronics and firmer palm Oil prices, though he cautions that elevated Oil and long-end US Treasury yields […] - [US Business Growth Hits 52-Month High as Services Activity Surges, Despite Factory Growth Slowing](https://todaymarkets.com/us-business-growth-hits-52-month-high-as-services-activity-surges-despite-factory-growth-slowing/): US Factory Growth Slows to 5-Month Low: S&P Global The S&P Global US Manufacturing PMI eased to 53.2 in August 2026 from 53.9 prevously, undershooting market expectations of 53.9, flash estimates showed. The latest reading pointed to a moderation in manufacturing activity, with growth at its weakest since March, held back by higher fuel costs, […] - [Baltic Dry Index Rises for 2nd Day, Still Posts Weekly Loss](https://todaymarkets.com/baltic-dry-index-rises-for-2nd-day-still-posts-weekly-loss/): The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a second session on Friday, rising by 1.8% to 2,841 points, driven by gains across all vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also gained for a second day, […] - [Week Ahead - Aug 24th](https://todaymarkets.com/week-ahead-aug-24th/): The outlook on global interest rates and long-term sovereign yields will remain in the market’s forefront as investors grapple with elevated energy prices, increasing deficit spending, and soaring corporate credit issuance. The Fed’s monetary policy and its holding of duration will be updated with FOMC speeches at the Jackson Hole Symposium. Also, earnings by Nvidia […] - [Gold Advances to Over 3-Month High](https://todaymarkets.com/gold-advances-to-over-3-month-high/): Gold climbed to over $4,600 an ounce on Friday, its highest level since mid-May, and extended weekly gains to around 5%. The rally was supported by renewed concerns over US fiscal sustainability after the Treasury unexpectedly increased its planned purchases of longer-dated government debt, pushing bond yields and the dollar lower. The intervention has raised […] - [Bitcoin Surges as Risk Appetite and ETF Inflows Improve](https://todaymarkets.com/bitcoin-surges-as-risk-appetite-and-etf-inflows-improve/): Bitcoin surged 6% to around $77,370 on Friday, extending gains to over 20% this week, its strongest weekly gain in more than three years, boosted by a broader improvement in risk appetite. The US Treasury announced plans to at least double its purchases of longer-dated government bonds, pushing long-term yields lower and the dollar weaker. […] - [European Stocks Close Higher](https://todaymarkets.com/european-stocks-close-higher/): European stocks closed higher on Friday, trimming loses from the week with support from heavyweight banks and luxury brands. The Euro STOXX 50 rose 0.6% to 6,458 and the STOXX Europe 600 gained 0.5% to 653. Santander surged 2.7%, while BNP Paribas, Deutsche Bank, BBVA, and Nordea rose more than 1% to limit losses on […] - [Oil Holds Near Highs as Iran Conflict Uncertainty Persists](https://todaymarkets.com/oil-holds-near-highs-as-iran-conflict-uncertainty-persists/): Crude oil was little changed around $94 a barrel on Friday, as investors assessed signs that Iran may be seeking an end to the conflict with the US. Iranian President Masoud Pezeshkian said Tehran would prefer to conclude the war while it remains in a position of strength, describing the existing memorandum with Washington as […] - [Trade of The Day - US100](https://todaymarkets.com/trade-of-the-day-us100-5/): Facts: Recommendation: Long position in US100 at market price Stop Loss: 28 445 Take Profit: 30 500 Opinion: The recommendation to go long on the US100, with a target (take profit) around 30,500 points and a stop loss at 28,445 points, is based on a combination of technical analysis and fundamental arguments. On the daily […] - [Silver tests $70 and breaks key resistance](https://todaymarkets.com/silver-tests-70-and-breaks-key-resistance/): Key takeaways Silver is gaining 2% today, marking the third consecutive session of strong gains triggered by turmoil in the debt market and a weak dollar. Sharp turmoil in the debt market, which affected the weakness of the US dollar, triggered a massive wave of demand for precious metals. Silver is dynamically breaking above the […] - [European Indices Rise, CTS Eventim Falls After Earnings. Metals Gain Amid Bond Market Strains](https://todaymarkets.com/european-indices-rise-cts-eventim-falls-after-earnings-metals-gain-amid-bond-market-strains/): Key takeaways European indices opened Friday’s session higher, with the Euro Stoxx 600, Euro Stoxx 50 and DAX gaining around 0.4–0.5% , although they may still end the week with a second consecutive decline. The gains are accompanied by a cautious rebound in Wall Street index futures, with US100 up more than 0.3%. The biggest […] - [US Dollar: Limited upside as fiscal plans questioned – MUFG](https://todaymarkets.com/us-dollar-limited-upside-as-fiscal-plans-questioned-mufg/): MUFG’s Derek Halpenny notes that the US Dollar has weakened as investors focus on potential US Treasury measures to stem the decline in Treasury yields, while Japanese inflation data supports expectations for a 25bp BoJ rate hike in September. He remains sceptical that the US will deliver credible fiscal consolidation and sees limited scope for […] - [United Kingdom: Burnham sentiment bounce – Deutsche Bank](https://todaymarkets.com/united-kingdom-burnham-sentiment-bounce-deutsche-bank/): Deutsche Bank strategists highlight a sharp improvement in sentiment towards Prime Minister Burnham and Labour. Their dbDIG household survey shows optimism about stronger United Kingdom (UK) economic growth under the new government, but households are notably more cautious about their own personal finances, with optimism skewed towards younger and higher-income respondents. Households optimistic on UK […] - [United States: Yields risk renewed surge – Rabobank](https://todaymarkets.com/united-states-yields-risk-renewed-surge-rabobank/): Rabobank’s Senior US Strategist Philip Marey discusses United States (US) Treasuries, noting that the Treasury Department’s surprise move to boost buybacks of longer-term bonds has only briefly interrupted rising yields. Marey highlights unchanged macro fundamentals such as elevated inflation, widening budget deficits and AI-related investment demand, and argues that unpredictable issuance and limited buyback firepower […] - [Swedish Krona: Riksbank keeps tightening option open – Commerzbank](https://todaymarkets.com/swedish-krona-riksbank-keeps-tightening-option-open-commerzbank/): Commerzbank’s Antje Praefcke reports that the Riksbank left its policy rate at 1.75% and maintained a restrictive stance, still seeing a hike later this year as likely. Riksbank is ready to tighten further if inflation proves more persistent, with decisions linked to Middle East conflict developments, though the latest move is seen as neutral for […] - [Japanese Yen: Weakness offsets intervention impact – MUFG](https://todaymarkets.com/japanese-yen-weakness-offsets-intervention-impact-mufg/): MUFG’s Michael Wan notes that US longer-end yields have returned close to pre-buyback levels, with the 10-year at 4.7% and 30-year at 5.24%, weighing on risk assets. From an FX angle, the Dollar Index’s (DXY) recovery is seen as largely driven by Japanese Yen (JPY) underperformance, with USD/JPY nearing 159 and EUR/JPY rising toward 185.71, […] - [Swiss Franc: Funding role grows as volatility stays low – ING](https://todaymarkets.com/swiss-franc-funding-role-grows-as-volatility-stays-low-ing/): Chris Turner at ING explains that USD/CHF’s sharp drop after the US Treasury buy-back announcement was mainly position adjustment after a hawkish Fed narrative had favoured longs. If Treasury support is risk-positive, low volatility should sustain carry trades, with the Swiss Franc (CHF) increasingly preferred over the Japanese Yen (JPY) as a funding currency and […] - [European PMIs stronger than expected. EUR/USD approaches 1.17 level](https://todaymarkets.com/european-pmis-stronger-than-expected-eur-usd-approaches-1-17-level/): The eurozone flash composite PMI rose to 52.1 in August, beating the 51.7 forecast and pointing to a somewhat stronger pace of overall economic activity. Eurozone 1-year inflation expectations fell to 2.9% in July from 3.0% previously, while 3-year expectations eased to 2.7% from 2.8%, suggesting a modest improvement in the medium-term inflation outlook. What […] - [US Dollar: Consolidation around 99.00 after buyback news – DBS](https://todaymarkets.com/us-dollar-consolidation-around-99-00-after-buyback-news-dbs/): DBS Group Research economist Chang Wei Liang notes that the Dollar has firmed slightly as US Treasury yields recover, with DXY consolidating near 99.00 after the US Treasury expanded long-end bond buybacks. He argues buyback tweaks have only transient market impact without fiscal change, and warns tighter US sanctions on Iran could lift inflation expectations, […] - [Japanese Yen: September BoJ risk builds – Commerzbank](https://todaymarkets.com/japanese-yen-september-boj-risk-builds-commerzbank/): Volkmar Baur at Commerzbank argues that July inflation and strong Purchasing Managers’ Index (PMI) data in Japan suggest price dynamics would not block a Bank of Japan (BoJ) rate hike. While he still expects the BoJ to raise rates only in the fourth quarter, he concedes that the latest data would not preclude an earlier […] - [British Pound: Upward momentum targets 1.3700 against US Dollar – UOB](https://todaymarkets.com/british-pound-upward-momentum-targets-1-3700-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang reports GBP/USD at 1.3640 remains supported after breaking key resistance levels, with intraday gains likely capped between 1.3605 and 1.3670. Over the next 1–3 weeks, he expects the Pound to continue rising toward 1.3700, provided it holds above 1.3570, while longer-term signals still point to range trading. Pound advance eyes […] - [Euro: Gentle upside against US Dollar as greenback softens - ING](https://todaymarkets.com/euro-gentle-upside-against-us-dollar-as-greenback-softens-ing/): ING’s Chris Turner says EUR/USD remains well supported by broad Dollar softness. Expected mild eurozone growth in the August PMIs and elevated inflation expectations keep the case for another European Central Bank (ECB) hike alive. EUR/USD is seen consolidating in the 1.1670-1.1710 range before potentially edging higher, although high natural gas prices remain a risk. Euro supported […] - [United States Dollar: Rebound needs stronger payrolls data – TD Cowen](https://todaymarkets.com/united-states-dollar-rebound-needs-stronger-payrolls-data-td-cowen/): TD Cowen’s Washington Strategy team, led by Chris Krueger, notes that a durable rebound in the Dollar hinges on stronger US policy follow-through and renewed upside surprises in US data. The analysts remain broadly bearish on the Dollar for now, highlighting limited upside versus the Canadian Dollar and Chinese Yuan as markets await key US […] - [Gold drifts lower below $4,450 as hawkish Warsh remarks lift Fed hike bets](https://todaymarkets.com/gold-drifts-lower-below-4450-as-hawkish-warsh-remarks-lift-fed-hike-bets/): Gold price (XAU/USD) attracts some sellers to near $4,445 during the early Asian trading hours on Monday. The precious metal edges lower on a surprisingly hawkish speech by Federal Reserve (Fed) Chairman Kevin Warsh at the Jackson Hole economic symposium.  The Fed Chairman warned on Friday that inflation is not slowing significantly and that unless policymakers become confident it […] - [XAG/USD falls to near $66.00 amid Fed Chair Warsh’s hawkish tone](https://todaymarkets.com/xag-usd-falls-to-near-66-00-amid-fed-chair-warshs-hawkish-tone/): Silver price (XAG/USD) extends its losses for the second successive day, trading around $66.10 per troy ounce during the Asian hours on Monday. The non-yielding Silver declined following hawkish remarks from Federal Reserve (Fed) Chair Kevin Warsh. Warsh said on Friday at the Jackson Hole symposium that policymakers will “have work to do” if they were not confident […] - [United States: Labour market watch – NBC Economics and Strategy](https://todaymarkets.com/united-states-labour-market-watch-nbc-economics-and-strategy/): NBC Economics and Strategy report that U.S. nominal personal income rose 0.4% in July, double expectations, while spending increased 0.2% and real disposable income climbed 0.4% with flat real spending. They expect August nonfarm payrolls to rise by about 80K, keeping unemployment at 4.1% as participation edges up, and note PCE inflation holding at 3.7% […] - [Corn Extends Rally as US Crop Concerns Mount](https://todaymarkets.com/corn-extends-rally-as-us-crop-concerns-mount/): Corn futures climbed further above $5.1 per bushel, reaching a fresh high since July 2023 as mounting concerns over US crop prospects and tightening global supplies continued to support prices. The USDA cut its 2026 US corn yield forecast by 2.3 bushels per acre to 180.7, while the Pro Farmer Crop Tour found that extreme […] - [Oil Rises as US Strikes Iranian Rocket Launchers](https://todaymarkets.com/oil-rises-as-us-strikes-iranian-rocket-launchers/): Crude oil climbed above $85 per barrel on Monday, starting the week higher after the US military targeted Iranian rocket launchers preparing to deploy mines into the Strait of Hormuz, marking the first such attack in more than a month. US forces also said they are closely monitoring the waterway and remain prepared to safeguard […] - [US Futures Slip to Start the Week](https://todaymarkets.com/us-futures-slip-to-start-the-week/): US stock futures slipped on Monday as oil prices jumped after the US military targeted Iranian rocket launchers preparing to deploy mines into the Strait of Hormuz, marking the first such attack in more than a month. Investors also digested hawkish signals from Federal Reserve Chair Kevin Warsh, who reiterated his commitment to bringing inflation […] - [Gold Extends Fall on Fed Rate Hike Bets](https://todaymarkets.com/gold-extends-fall-on-fed-rate-hike-bets/): Gold fell below $4,450 an ounce on Monday, extending a sharp drop in the previous session as hawkish remarks from Federal Reserve Chair Kevin Warsh revived expectations for an imminent interest rate hike. In his Jackson Hole address on Friday, Warsh warned that inflation is not easing significantly and reaffirmed the central bank’s commitment to […] - [European Gas Rises on Fresh Middle East Fighting](https://todaymarkets.com/european-gas-rises-on-fresh-middle-east-fighting/): European natural gas prices rose near €69/MWh, the highest level since January 2023, as renewed fighting in the Middle East raised concerns over further delays to LNG exports from the Persian Gulf. Iran said on Sunday that it had launched an attack on US air bases in Jordan, hours after US forces struck two Iranian […] - [Dollar Holds Gains on Hawkish Warsh Remarks](https://todaymarkets.com/dollar-holds-gains-on-hawkish-warsh-remarks/): The dollar index traded around 99.6 on Monday after rising sharply in the previous session, as hawkish remarks from Federal Reserve Chair Kevin Warsh led traders to increase bets on an imminent interest rate hike. In his Jackson Hole address on Friday, Warsh warned that inflation is not slowing meaningfully and reaffirmed that policymakers remain […] - [Three markets to watch next week](https://todaymarkets.com/three-markets-to-watch-next-week-4/): Last week was dominated by uncertainty surrounding the situation in the Middle East, tensions involving Russia and, of course, Nvidia’s outstanding earnings and expectations ahead of Kevin Warsh’s speech at Jackson Hole. That is now in the past, however, and the coming days are likely to bring another dose of volatility given several key macroeconomic […] - [Natural Gas: Hormuz risks and Qatari LNG disruption – BNY](https://todaymarkets.com/natural-gas-hormuz-risks-and-qatari-lng-disruption-bny/): Geoff Yu at BNY highlights that Middle East tensions and constrained traffic through the Strait of Hormuz are keeping key energy supply routes at risk. Qatar’s extended force majeure on LNG exports threatens European winter gas balances and could re-ignite inflation pressures, while Brent, WTI and Dutch TTF prices reflect a fragile equilibrium in Oil […] - [South Korean Won: Higher rates and chip boom support gains – ING](https://todaymarkets.com/south-korean-won-higher-rates-and-chip-boom-support-gains-ing/): ING’s Chris Turner reports that the Korean Won (KRW) continues to advance, driven by back-to-back Bank of Korea (BoK) rate hikes to 3.00% and a Dot Plot pointing to 3.25% in six months. Upgraded Gross Domestic Product (GDP) forecasts linked to a chip export boom underpin the currency, though authorities may worry about KRW/JPY highs […] - [Philippine Peso: BSP tightening bias on inflation risks – DBS](https://todaymarkets.com/philippine-peso-bsp-tightening-bias-on-inflation-risks-dbs/): DBS Group Research economists Radhika Rao and Chua Han Teng note that Bangko Sentral ng Pilipinas (BSP) raised its policy rate by 25 bps to 5.0% to anchor inflation expectations and support the Peso. Philippine Peso (PHP) is the only ASEAN-6 currency weaker in 3Q26 versus the Dollar, and DBS flags above-target inflation as leaving […] - [Malaysian Ringgit: BNM seen on steady policy path – DBS](https://todaymarkets.com/malaysian-ringgit-bnm-seen-on-steady-policy-path-dbs/): DBS Group strategists Taimur Baig and Nathan Chow expect Bank Negara Malaysia (BNM) to keep its Overnight Policy Rate unchanged at 2.75% on September 3, maintaining the stance adopted after its July 2025 insurance cut. They highlight contained Malaysian inflation and robust 2026 growth near 5%, arguing there is little urgency for rate hikes despite […] - [Chinese Yuan: Undervaluation and export gains questioned – Commerzbank](https://todaymarkets.com/chinese-yuan-undervaluation-and-export-gains-questioned-commerzbank/): Commerzbank’s Volkmar Baur challenges recent internal analysis on CNY undervaluation and exports, arguing that China’s exchange-rate management and gold purchases point to deliberate weakening. He highlights China’s outsized export and trade-surplus gains since 2019 and notes that a roughly 20% real exchange-rate advantage is unlikely to be neutral for global trade flows. Exchange-rate policy and export dominance […] - [South Korean Won: Strong exports support KRW and KOSPI – DBS](https://todaymarkets.com/south-korean-won-strong-exports-support-krw-and-kospi-dbs/): DBS Group strategists Taimur Baig and Nathan Chow expect South Korea’s August exports to stay strong near 60% year-on-year, underpinning the outlook for the KOSPI and Korean Won (KRW) even as growth moderates from June’s peak. They also see headline and core CPI around 3%, reinforcing its view that further Bank of Korea (BoK) rate hikes are […] - [Heating Oil Market Tightens as US Inventories Hit Record Low](https://todaymarkets.com/heating-oil-market-tightens-as-us-inventories-hit-record-low/): US heating oil prices remained around $4.25–$4.50 a gallon, more than 80% higher than a year ago, as supplies fell to their lowest seasonal level on record. US distillate inventories, which include diesel and heating oil, fell to 103.4 million barrels in the week ending August 21, the lowest level recorded for this time of […] - [Week Ahead - Aug 31st](https://todaymarkets.com/week-ahead-aug-31st/): Global markets are underpinned by long-term interest rates, which remained elevated at the turn of September amid high energy prices, ample AI-related corporate debt issuance, and wide budget deficits against signs of resilient economic growth. Economic data from the US will be centered on the labor market as FOMC members note the US is at […] - [Hawkish Fed Chair Warsh Boosts the Dollar and Sinks Gold](https://todaymarkets.com/hawkish-fed-chair-warsh-boosts-the-dollar-and-sinks-gold/): The dollar index (DXY00) rallied to a 2-week high on Friday and finished up by +0.61%.  The dollar jumped on Friday on hawkish comments from Fed Chair Warsh, who warned inflation isn’t meaningfully slowing and vowed that policymakers will return inflation to their 2% target.   The chance of a Fed rate hike at next month’s […] - [Nat-Gas Prices Fall Ahead of Opening of Texas Pipeline](https://todaymarkets.com/nat-gas-prices-fall-ahead-of-opening-of-texas-pipeline/): October Nymex natural gas (NGV26) on Friday closed down -0.026 (-0.89%). Nat-gas prices settled lower on Friday ahead of Energy Transfer LP’s scheduled start date next week for its Hugh Brinson pipeline in Texas.  The pipeline, scheduled to begin service on September 1, will be able to move about 2.2 bcf/day of gas from the […] - [Dollar Strength and Increased Middle East Oil Flows Weigh on Crude Prices](https://todaymarkets.com/dollar-strength-and-increased-middle-east-oil-flows-weigh-on-crude-prices/): October WTI crude oil (CLV26) closed down -0.13 (-0.16%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0598 (+2.00%). Crude oil and gasoline prices settled mixed on Friday.  Crude prices posted modest losses on Friday after the dollar index ($DXY) rallied to a 2-week high.  Also, signs of larger crude supplies transiting through the […] - [Falling ICE Inventories Boosted Arabica Coffee Prices](https://todaymarkets.com/falling-ice-inventories-boosted-arabica-coffee-prices/): December arabica coffee (KCZ26) closed up +3.20 (+1.03%) on Friday, and November ICE robusta coffee (RMX26) closed down -26 (-0.73%). Coffee prices settled mixed on Friday as they consolidated above Thursday’s lows.  Arabica has support on tight supplies after ICE arabica coffee inventories fell to a 27-year low on Friday.  Robusta coffee is under pressure […] - [Cocoa Prices Surged on West African Crop Risks](https://todaymarkets.com/cocoa-prices-surged-on-west-african-crop-risks/): December ICE NY cocoa (CCZ26) closed up +475 (+7.69%) on Friday, and September ICE London cocoa #7 (CAU26) closed up +385 (+8.77%). Cocoa prices soared for a second straight day on Friday and posted 11-month highs.  Concerns about the quality of this year’s West African cocoa crops are pushing cocoa prices sharply higher.  The lack […] - [Sugar Prices Retreated on Long Liquidation Pressures](https://todaymarkets.com/sugar-prices-retreated-on-long-liquidation-pressures/): October NY world sugar #11 (SBV26) closed down -0.63 (-3.46%) on Friday, and October London ICE white sugar #5 (SWV26) closed down -9.90 (-1.89%). Sugar prices gave up an early advance on Friday and sold off sharply, as weakness in the Brazilian real prompted long liquidation in sugar futures.  The real (^USDBRL) fell to a […] - [Cotton Saw Profit Taking Pressure to Close the Week](https://todaymarkets.com/cotton-saw-profit-taking-pressure-to-close-the-week/): Cotton futures faced pressure to close the week with Friday losses of 19 to 114 points across the board. December still held up for a weekly gain of 303 points. Crude oil was down 9 cents per barrel, with the US dollar index $0.533 higher. Commitment of Traders data showed managed money adding another 17,173 […] - [Wheat Extended Rally to 3-Year Highs into the Weekend](https://todaymarkets.com/wheat-extended-rally-to-3-year-highs-into-the-weekend/): The wheat complex extended the move to 3-year highs for the winter wheats into the weekend. Chicago SRW contracts rallied 10 ½ to 24 ¼ cents across the board on Friday, with September 85 ½ cents higher on the week. KC HRW futures saw gains of 10 to 24 ¼ cents in the front months, […] - [Soybeans Rallied with the Products on Friday](https://todaymarkets.com/soybeans-rallied-with-the-products-on-friday/): Soybeans posted 14 to 30 cent gains across most contracts on the Friday session. September was up 51 ¼ cents on the week, as November rallied 48 ½ cents. The cmdtyView national average Cash Bean price was up 20 1/2 cents at $12.53 3/4. Soymeal futures were $1 to $8.10 higher on the day, led by the front months, […] - [Corn Pushed Gains into the Weekend as Specs Expand Length](https://todaymarkets.com/corn-pushed-gains-into-the-weekend-as-specs-expand-length/): Corn futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents on the week, with December 28 cents. The CmdtyView national average Cash Corn price was back up 2 1/4 cents at $4.84 1/4. Friday’s CFTC data showed managed money in corn futures and options […] - [Cattle Markets Breakdown and End the Week on a Sour Note](https://todaymarkets.com/cattle-markets-breakdown-and-end-the-week-on-a-sour-note/): The Cattle futures markets opened higher on Friday and traded to their respective highs. The markets then worked their way lower eventually reaching their lows for the day. A late rally gave hope we could close in positive territory but that was dashed at the close and the markets settled in the lower end of […] - [Gold Price Forecast: XAU/USD holds above $4.600 with all eyes on Fed Warsh’s speech](https://todaymarkets.com/gold-price-forecast-xau-usd-holds-above-4-600-with-all-eyes-on-fed-warshs-speech/): Gold (XAU/USD) trades practically flat for the second consecutive day on Friday, with the rejection from three-month highs near $4,700 hit earlier in the week contained at a previous resistance area, just below $4,600. Market volatility remains subdued on Friday, with investors focusing on Federal Reserve Chairman Kevin Warsh’s speech at the Jackson Hole Symposium, due later in […] - [European Central Bank: September hike seen with energy risks – Nomura](https://todaymarkets.com/european-central-bank-september-hike-seen-with-energy-risks-nomura/): Nomura’s Euro area team expects the European Central Bank to raise rates by 25 basis points to 2.50% at the 10 September meeting, citing higher HICP inflation and resilient growth. They highlight hawkish comments from ECB officials and note that Brent and Dutch TTF price dynamics could shape additional tightening risks into December 2026. Hawkish officials and […] - [British Pound: Month-end rebalancing and UK policy mix – BNY](https://todaymarkets.com/british-pound-month-end-rebalancing-and-uk-policy-mix-bny/): BNY’s Geoff Yu notes that month-end rebalancing flows leave the British Pound (GBP) vulnerable, with GBP seen as particularly exposed after strong performance and stretched GBP/USD levels. United Kingdom (UK) assets react to Chancellor Healey’s emphasis on fiscal discipline under the Labour government, while business confidence improves and pricing intentions ease, shaping expectations for the Pound and […] - [Trade of The Day - COCOA](https://todaymarkets.com/trade-of-the-day-cocoa/): Facts: Recommendation: COCOA (D1) Source: xStation5 OPINION : The technical situation on the COCOA chart strongly indicates a gaining-momentum trend reversal after an extended correction. This is shown primarily by the behavior of the EMA averages and the FIBO levels. The price broke through resistance around ~5100 and is currently hovering around 6300, which is […] - [British Pound: Energy-driven inflation risks support GBP against US Dollar – MUFG](https://todaymarkets.com/british-pound-energy-driven-inflation-risks-support-gbp-against-us-dollar-mufg/): MUFG highlights that rising European natural gas prices are reviving inflation risks, which could push the Bank of England toward another rate hike and underpin the Pound. While crude Oil remains contained, UK natural gas futures have surged, and the bank notes that this divergence in energy dynamics may support both the Euro and Pound against peers. […] - [Japanese Yen: Weak currency and cheap burgers – Nordea](https://todaymarkets.com/japanese-yen-weak-currency-and-cheap-burgers-nordea/): Nordea’s Helge J. Pedersen argues that the Japanese Yen appears significantly undervalued versus the Dollar on both OECD purchasing power parity estimates and The Economist’s Big Mac Index. Despite Japan’s strong trade and current account surpluses suggesting room for Yen appreciation, persistently low Japanese interest rates versus the US continue to weigh on JPY and limit sustained […] - [Canadian Dollar: Trade war clouds Q2 GDP rebound – BBH](https://todaymarkets.com/canadian-dollar-trade-war-clouds-q2-gdp-rebound-bbh/): Brown Brothers Harriman’s (BBH) Elias Haddad notes USD/CAD is trading just above its 200‑day moving average near 1.3840 as Canada’s Q2 GDP is expected to rebound strongly, with real GDP seen rising 3.4% SAAR versus a slight Q1 contraction. However, Haddad warns a worsening US–Canada trade war could cut the rebound short and sees current Bank of […] - ["Anything else would likely put the Japanese Yen under significant pressure": Commerzbank on why BoJ should hike rates](https://todaymarkets.com/anything-else-would-likely-put-the-japanese-yen-under-significant-pressure-commerzbank-on-why-boj-should-hike-rates/): The Japanese Yen (JPY) is holding within a narrow trading range against the US Dollar (USD) at around 159.35, but pressures are rising following an acceleration in Tokyo inflation data. With Tokyo headline CPI reaching 1.9% in August and service sector price gains hitting nearly a one-year high, market odds for a Bank of Japan (BoJ) interest […] - [Chart of The Day - USD/JPY Eyes 160.00 Again. Will FX Intervention Withstand The Pressure?](https://todaymarkets.com/chart-of-the-day-usd-jpy-eyes-160-00-again-will-fx-intervention-withstand-the-pressure/): The Japanese yen was handed catalysts for gains in the form of higher Tokyo inflation and falling Japanese unemployment, yet it is losing ground against all G10 currencies. USDJPY is dangerously close to its post-intervention peak (160.00; today: +0.12% to 159.500), and a potential impulse following Kevin Warsh’s speech at Jackson Hole could test the […] - [Indian Rupee: GDP data to show resilience – DBS](https://todaymarkets.com/indian-rupee-gdp-data-to-show-resilience-dbs/): DBS Group strategists Taimur Baig and Nathan Chow expect India’s 1QFY27 Gross Domestic Product (GDP) to confirm that the economy has weathered geopolitical disruptions better than initially feared. They note stronger consumption gauges, improving production, and ongoing support from services and exports, even as muted wealth effects, soft fuel demand and higher energy costs weigh […] - [Gold Price - XAU/USD holds gains above $4,600 as bullish bias prevails](https://todaymarkets.com/gold-price-xau-usd-holds-gains-above-4600-as-bullish-bias-prevails/): Gold (XAU/USD) extends its gains for the second successive day, trading around $4,610 during the European hours on Friday. The price of the precious metal is remaining within the ascending channel pattern, suggesting a persistent bullish bias. The XAU/USD pair is retaining a constructive bullish bias as spot holds above both the nine-period and 50-period Exponential […] - [Silver: Consolidation near resistance as positioning builds – OCBC](https://todaymarkets.com/silver-consolidation-near-resistance-as-positioning-builds-ocbc/): OCBC’s Christopher Wong describes Silver as constructive with room for participation to build, as ETF holdings and managed-money positioning rise from light levels. Technical bias is mildly bullish, but momentum is fading near the 70.60–72 resistance band. A decisive break higher, likely requiring softer yields and a weaker Dollar, could open a move towards 80.30. Mildly bullish […] - [US Dollar: Warsh speech risks asymmetric USD reaction – Commerzbank](https://todaymarkets.com/us-dollar-warsh-speech-risks-asymmetric-usd-reaction-commerzbank/): Commerzbank’s Volkmar Baur notes the US Dollar has stabilized after last week’s setback, with Kevin Warsh’s Jackson Hole speech seen as the next key test. Baur expects little in terms of forward guidance on a September rate hike but highlights potential discussion of changing the Fed’s inflation measure away from the PCE deflator, which could […] - [Euro: Focus on Fed signals and Jackson Hole – Deutsche Bank](https://todaymarkets.com/euro-focus-on-fed-signals-and-jackson-hole-deutsche-bank/): Deutsche Bank strategists note that EUR/USD traded at 1.165 as markets await Fed Chair Warsh’s Jackson Hole speech, which could shift expectations for the September Fed meeting. They highlight that market pricing still assigns a 35% probability to a hike, and recent Fed commentary shows a divide on how restrictive policy should be. Jackson Hole and divided […] - [Japanese Yen: Range trading remains intact against US Dollar – UOB](https://todaymarkets.com/japanese-yen-range-trading-remains-intact-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/JPY held in a narrow band around 159.35, with a slight uptick in upward momentum. They expect this to translate into trading between 159.15 and 159.65 rather than a sustained advance. Over the coming weeks, they maintain a neutral stance, looking for range-bound […] - [New Zealand Dollar: Bearish stance maintained on rate hike pricing – TD Securities](https://todaymarkets.com/new-zealand-dollar-bearish-stance-maintained-on-rate-hike-pricing-td-securities/): TD Securities’ FX strategist Howard Du maintains a bearish New Zealand Dollar (NZD) bias, noting that Reserve Bank of New Zealand (RBNZ) tightening is largely priced and NZD positioning has normalized. They expect AUD/NZD to remain supported above 1.20 with a 1.22 year-end forecast, and see a high bar for NZD/USD to sustain gains above […] - [Rising Natgas Prices: Winter Outlook](https://todaymarkets.com/rising-natgas-prices-winter-outlook/): Natural gas prices are gaining due to concerns about supplies to Europe and high temperatures in the USA. Natural gas prices on both sides of the Atlantic are recording dynamic increases, although they are driven by different fundamental dynamics. While the American market is reacting to the current heatwave, the Old Continent is struggling with […] - [Stock of the week: NVIDIA: The Best Company in the World?](https://todaymarkets.com/stock-of-the-week-nvidia-the-best-company-in-the-world/): There are companies that grow rapidly, companies that can increase the scale of their operations for years, and then there is NVIDIA. Yesterday’s results once again showed how difficult it is to find another company on the global market that combines growth, profitability, and scale of operations at a similar level. Revenue in the second […] - [Jackson Hole Focus](https://todaymarkets.com/jackson-hole-focus/): Jackson Hole focus: is Nvidia is more important than the Fed? As we get to the end of the trading month for the UK, the focus will shift from the corporate back to the macro. Nvidia’s stunning 8% rally after its Q2 earnings report reignited the AI trade on Thursday, with a broad-based rally that […] - [Markets freeze before Jackson Hole. Bitcoin back below 80K USD](https://todaymarkets.com/markets-freeze-before-jackson-hole-bitcoin-back-below-80k-usd/): Indices and Companies 🌍 Economy and Geopolitics 💱 Currencies and Commodities 🪙 Crypto - [Gasoline Hovers Near 5-Week High](https://todaymarkets.com/gasoline-hovers-near-5-week-high/): US gasoline futures traded around $3.38 per gallon, near a five-week high, as supply concerns intensified amid rising geopolitical risks. US-Iran diplomatic efforts remained stalled after Washington ruled out reviving the terms of a June agreement and said it was not currently negotiating with Tehran. The US has instead intensified pressure through new sanctions earlier […] - [Heating Oil Holds Gains](https://todaymarkets.com/heating-oil-holds-gains/): US heating oil futures traded around $4.26 per gallon, holding most of their gains from the previous session as supply concerns intensified amid rising geopolitical risks. US-Iran diplomatic efforts remained stalled after Washington ruled out reviving the terms of a June agreement and said it was not currently negotiating with Tehran. The US has instead […] - [European Gas Rises on Middle East Uncertainty](https://todaymarkets.com/european-gas-rises-on-middle-east-uncertainty/): European natural gas prices rose to €68.6/MWh on Friday, extending gains from the previous session and moving back toward their highest level since January 2023, as supply risks remain amid uncertainty over a Middle East peace deal. Prices jumped on Thursday after reports that President Trump was not interested in returning to the terms of […] - [Soybean Futures Extend Rally](https://todaymarkets.com/soybean-futures-extend-rally/): Soybean futures climbed further above $12.6 per bushel, extending their rally to the highest level since December 2023 as concerns over crop conditions and strong Chinese demand continued to support prices. US exporters have reported a series of soybean sales to China for the 2026/27 marketing year, including a fresh 333,000 metric ton purchase announced […] - [US Natgas Prices Hold at 5-Week High](https://todaymarkets.com/us-natgas-prices-hold-at-5-week-high/): US natural gas prices held around $2.91/MMBtu, the highest level in five weeks, supported by a smaller-than-usual storage injection and forecasts for continued warm weather. EIA data showed that energy firms added 15 Bcf of gas to storage for the week ended August 21, below the 20 Bcf forecast and the 33 Bcf five-year average […] - [Corn Holds Near 3-Year High](https://todaymarkets.com/corn-holds-near-3-year-high/): Corn futures held above $5.1 per bushel, staying near their highest level since July 2023 as mounting crop concerns and weather risks supported prices. Extreme heat and heavy rainfall have hit major Chinese corn-growing regions, threatening yields and quality. China imported 1.36 million tons of corn from January–July, up 61.3% year-on-year, which could increase import […] - [Coal Surges to 2-Month High](https://todaymarkets.com/coal-surges-to-2-month-high/): Coal prices climbed toward $140 per ton in late August, reaching a two-month high as robust global energy demand coincided with persistent concerns over supply. Coal remains the world’s largest source of power generation, producing nearly 11,000 TWh in 2026, while surging electricity demand is slowing efforts to displace the fuel with renewable energy. The […] - [Brent Slips as Traders Monitor Hormuz Flows](https://todaymarkets.com/brent-slips-as-traders-monitor-hormuz-flows/): Brent crude slipped toward $88 per barrel on Friday, paring gains from the previous session as traders continued to monitor developments in the Middle East and efforts to reopen the Strait of Hormuz. Goldman Sachs said oil exports from the Persian Gulf have recovered to around two-thirds of pre-war levels amid increased flows through Hormuz. […] - [Oil: Hormuz supply recovery eases risk premium – BNY](https://todaymarkets.com/oil-hormuz-supply-recovery-eases-risk-premium-bny/): Geoff Yu at BNY notes that improving flows through the Strait of Hormuz are easing Oil supply fears and supporting a lower Brent price profile. Kuwait and Qatar have restored crude shipments to about 70% of pre-war levels, lifting total Hormuz flows. As more Gulf barrels reach the market, the disruption premium in Oil prices […] - [Japanese Yen: Himino signals hawkish shift - MUFG](https://todaymarkets.com/japanese-yen-himino-signals-hawkish-shift-mufg/): MUFG’s Derek Halpenny notes that the Japanese Yen reaction to Deputy Governor Himino’s speech was limited, even as his comments aligned with market expectations for a Bank of Japan rate hike in September. The BoJ is seen shifting toward a faster pace of tightening, with FX developments increasingly central to its inflation outlook, while Jackson Hole […] - [Australian Dollar: RBA hold view caps near-term upside against US Dollar – ING](https://todaymarkets.com/australian-dollar-rba-hold-view-caps-near-term-upside-against-us-dollar-ing/): ING’s Francesco Pesole highlights that the Australian Dollar (AUD) is the only G10 currency gaining this week as hotter July inflation and strong household spending fuel hawkish Reserve Bank of Australia (RBA) expectations. ING’s macro team still favours a prolonged RBA hold, expecting benign inflation and a steady Fed to reduce urgency, with AUD/USD targeted […] - [Tin Holds Near 2-Month High](https://todaymarkets.com/tin-holds-near-2-month-high/): Tin futures in the UK were above $54,800 per tonne, holding most of the recent rally that topped at the two-month high of $56,780 amid the outlook of strong demand. Tin demand remained underpinned to the strong outlook on AI infrastructure due to the metal’s utility in data centers. Soaring order growth for Nvidia, per […] - [Trade of The Day - GBP/USD](https://todaymarkets.com/trade-of-the-day-gbp-usd/): Facts: Recommendation: Trade: Short position on GBPUSD at market price Target: 1.3525, 1.3480 Stop: 1.3630 Opinion: GBPUSD has been trading in an upward trend recently. However the pair may be experiencing a trend reversal. Looking at the pair at the H1 interval, one can see that the price broke below the lower limit of the […] - [WTI Price - Bears have the upper hand below $82.10-$82.15 confluence hurdle](https://todaymarkets.com/wti-price-bears-have-the-upper-hand-below-82-10-82-15-confluence-hurdle/): West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some selling following the overnight bounce from the $79.30-$79.25 region, or an over two-week low, though the downside remains cushioned. The commodity trades just above the $81.00 mark during the first half of the European session on Thursday, down less than 0.50% […] - [Polish Zloty: Import pass-through risks challenge cuts – BNY](https://todaymarkets.com/polish-zloty-import-pass-through-risks-challenge-cuts-bny/): BNY’s Geoff Yu argues that Euro strength is amplifying import price pass-through risks for Poland, with EUR/PLN gains feeding into higher import prices. The Monetary Policy Council’s guidance of unchanged rates contrasts with market pricing for a return above 4%. Yu sees Poland as facing the clearest hawkish risk in Central and Eastern Europe, making […] - [US Dollar: Warsh speech keeps markets cautious – ING](https://todaymarkets.com/us-dollar-warsh-speech-keeps-markets-cautious-ing/): ING strategist Francesco Pesole sees recent United States (US) Personal Consumption Expenditures (PCE) Price Index data as consistent with disinflation but too gradual to force Federal Reserve (Fed) hikes this year. Pesole still expects the Fed to hold rates on 16 September and anticipate a weaker Dollar, but warns that hawkish market pricing and Kevin Warsh’s Jackson Hole speech […] - [Brazilian Real: Rate cuts may support BRL against US Dollar - Societe Generale](https://todaymarkets.com/brazilian-real-rate-cuts-may-support-brl-against-us-dollar-societe-generale/): Societe Generale strategists observe that the Brazilian Real (BRL) largely ignored softer inflation data, which still supports a Banco Central do Brasil (BCB) rate cut in September followed by a pause into elections. A broader easing cycle could attract bond inflows and support the BRL, with USD/BRL expected to remain in a narrow range and […] - [Mexican Peso: Carry-driven strength extends against US Dollar – Rabobank](https://todaymarkets.com/mexican-peso-carry-driven-strength-extends-against-us-dollar-rabobank/): Rabobank’s Christian Lawrence and Molly Schwartz highlight that USD/MXN has broken below 17 for the first time since May 2024, prompting a forecast revision toward 16.5 in coming weeks. They see strong carry demand and subdued volatility keeping MXN supported, while a mild retracement is projected for next year, with the pair staying within recent […] - [Turkish Lira: Inflation expectations outpace CBRT forecasts – Commerzbank](https://todaymarkets.com/turkish-lira-inflation-expectations-outpace-cbrt-forecasts-commerzbank/): Commerzbank’s Tatha Ghose revisits Turkish inflation dynamics, noting seasonally-adjusted price momentum above 2% m/m and warning that disinflation is unlikely. Market participants have raised year-end Consumer Price Index (CPI) expectations to 29.5% y/y, above Central Bank of the Republic of Türkiye’s (CBRT) 28% forecast. Ghose argues CBRT repeatedly chases private forecasts, undermining credibility, while persistent […] - [Norwegian Krone: Valuation headwinds temper NOK against Euro – BNY](https://todaymarkets.com/norwegian-krone-valuation-headwinds-temper-nok-against-euro-bny/): BNY’s Geoff Yu notes that stronger Oil prices have improved Norway’s terms of trade, but EUR/NOK gains have pushed up the I-44 import price index. While Norges Bank can focus on domestic factors thanks to NOK’s year-to-date performance, Yu warns that high investor holdings and a weaker valuation case make short EUR/NOK trades unattractive, with […] - [Australian Dollar: RBA hike repricing supports gains – DBS](https://todaymarkets.com/australian-dollar-rba-hike-repricing-supports-gains-dbs/): DBS Group Research’s Philip Wee notes AUD/USD has risen 2.2% in August after a 1.5% gain in July, leaving the Australian Dollar near year-to-date highs and the best-performing G10 currency in 2026. The move is driven by swift repricing of a Reserve Bank of Australia (RBA) rate hike in November following hawkish minutes and upside […] - [Equities: Tech earnings lift futures after quiet session – Deutsche Bank](https://todaymarkets.com/equities-tech-earnings-lift-futures-after-quiet-session-deutsche-bank/): The Deutsche Bank strategists describe a modestly positive shift in equity sentiment following Nvidia’s earnings. After a quiet cash session for the S&P 500 and Nasdaq, Nvidia’s revenue beat and bullish AI outlook pushed its shares up 4.7% after-hours, lifting S&P 500 and Nasdaq futures. Salesforce and CrowdStrike results further supported global tech-linked equities. Nvidia-led rebound in equity […] - [Euro: Lower against US Dollar after PCE surprise – Danske Bank](https://todaymarkets.com/euro-lower-against-us-dollar-after-pce-surprise-danske-bank/): Danske Research Team notes that the United States (US) Personal Consumption Expenditures (PCE) Price Index inflation surprise triggered a hawkish market reaction, pushing US rates higher and weighing on EUR/USD. The pair dropped to 1.1650 as the US Dollar (USD) found support from stronger data. Markets also increased pricing for a potential September Fed rate hike, reinforcing […] - [Chart of The Day - Why is wheat gaining so strongly?](https://todaymarkets.com/chart-of-the-day-why-is-wheat-gaining-so-strongly/): Wheat prices are currently driven by various overlapping geopolitical risks and rapidly deteriorating global harvest prospects. Recent gains have clearly accelerated, and US wheat contract quotes have reached the 751.1 USD level, making it one of the absolute commodity market leaders recently. How have wheat prices changed recently? Wheat prices are in an uptrend. In […] - [Nvidia wows with results again](https://todaymarkets.com/nvidia-wows-with-results-again/): Stocks and Companies 📊 Macroeconomics 🛢️ Commodities 💱 Currencies 🪙 Cryptocurrencies 🗺️ Geopolitics 🔍 Suggested for Observation - [Nvidia mesmerizes markets: is it too early to doubt the AI bull market?](https://todaymarkets.com/nvidia-mesmerizes-markets-is-it-too-early-to-doubt-the-ai-bull-market/): Nvidia has done it again: delivered an exceptional quarter and issued very strong guidance. The shares rose after results that beat Wall Street consensus and once again showed that, even with a market capitalization of around $5.5 trillion, the company is still growing at a pace that would not look out of place at a […] - [XAG/USD holds above $69.00 as traders assess Fed stance](https://todaymarkets.com/xag-usd-holds-above-69-00-as-traders-assess-fed-stance/): Silver price (XAG/USD) rises after posting losses in the previous day, trading around $69.10 per troy ounce during the Asian hours on Thursday. Investors are closely tuning into Federal Reserve (Fed) Chair Kevin Warsh’s upcoming speech at the annual Jackson Hole symposium on Friday. Meanwhile, Silver prices are holding firm as market participants continue to evaluate the trajectory […] - [Gold scales higher on softer US yields as traders await Fed Chair Warsh's speech](https://todaymarkets.com/gold-scales-higher-on-softer-us-yields-as-traders-await-fed-chair-warshs-speech/): Gold (XAU/USD) catches fresh bids during the Asian session on Thursday, reversing a major part of the previous day’s losses to the $4,583 region, or the weekly low. The precious metal, however, remains below its highest level since May 14, touched on Tuesday, as traders await US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole […] - [Wheat Futures Hit Over 3-Year Peak](https://todaymarkets.com/wheat-futures-hit-over-3-year-peak/): Wheat futures climbed toward $7.40 per bushel in late August, hitting its highest level since June 2023, as the escalating Russia-Ukraine war fueled concerns over further disruptions to supplies from one of the world’s key grain-producing regions. Russia is set to ramp up attacks on Ukraine, including infrastructure strikes, after concluding that peace talks have […] - [Palm Oil Gains Despite Weak Export Momentum](https://todaymarkets.com/palm-oil-gains-despite-weak-export-momentum/): Malaysian palm oil futures climbed above MYR 4,850 per tonne, rebounding from recent losses as a weaker ringgit boosted competitiveness and firmer edible oils on the Dalian exchange lent support. Bargain buying also emerged after prices touched a one-week low. Weather risks added to sentiment, with signs of a developing El Niño raising concerns over […] - [Heating Oil Resumes Decline](https://todaymarkets.com/heating-oil-resumes-decline/): US heating oil futures resumed their decline to around $4.20 per gallon on Thursday, after gaining in the previous session, as markets weighed mixed geopolitical developments. Iran and Oman agreed on how to divide their respective shares of the Strait of Hormuz’s waters and related revenues, though Tehran said an agreement with Oman alone would […] - [Gasoline Turns Lower](https://todaymarkets.com/gasoline-turns-lower/): US gasoline futures fell to around $3.26 per gallon on Thursday, trimming gains from the previous session as markets weighed mixed geopolitical developments. Iran and Oman reached an agreement on the allocation of their respective shares of the Strait of Hormuz’s waters and related revenues, although Tehran cautioned that the deal alone would not be […] - [European Gas Prices Advance](https://todaymarkets.com/european-gas-prices-advance/): European natural gas prices rose above €66 per megawatt-hour on Thursday after a two-day decline, as investors assessed diplomatic progress in the Middle East. Iran’s military said Tehran and Oman had reached agreements on the sharing of control and revenues from the Strait of Hormuz. However, Tehran stressed that a deal does not imply an […] - [Soybeans Rally to 26-Month High](https://todaymarkets.com/soybeans-rally-to-26-month-high/): Soybean futures climbed to around $12.5 per bushel, hitting their highest level since May 2024 as strong Chinese demand for US supplies boosted the market. USDA reported a private sale of 333,000 metric tons of US soybeans to China for 2026/27 delivery, adding to a broader wave of buying by the world’s largest soybean importer. […] - [Cattle Post Mixed Action](https://todaymarkets.com/cattle-post-mixed-action/): Live cattle futures came back to close Wednesday mixed, with contracts mostly 37 to 82 cents higher and October down 17 cents. Cash trade picked up to $220 Wednesday, firming $2 from Tuesday, with a few dressed sales of $345 in the north. The Wednesday morning Fed Cattle Exchange online auction showed no sales on […] - [Coffee Prices Slump on the Outlook for Larger Brazil Coffee Supplies](https://todaymarkets.com/coffee-prices-slump-on-the-outlook-for-larger-brazil-coffee-supplies/): December arabica coffee (KCZ26) closed down -13.35 (-3.98%) on Wednesday, and November ICE robusta coffee (RMX26) closed down -77 (-2.09%). Coffee prices dropped to 1-week lows on Wednesday and settled sharply lower as the outlook for Brazil’s coffee harvest to put more supplies into the market has sparked long liquidation in coffee futures.  Most warehouses […] - [Cocoa Prices Pressured by Abundant Supplies](https://todaymarkets.com/cocoa-prices-pressured-by-abundant-supplies/): December ICE NY cocoa (CCZ26) closed up +2 (+0.03%) on Wednesday, and September ICE London cocoa #7 (CAU26) closed down -4 (-0.10%). Cocoa prices settled little changed on Wednesday.  Prices have been under pressure this week on signs of abundant global cocoa supplies. Last Friday, Bloomberg reported that Nigeria’s July cocoa bean exports rose +18% y/y […] - [Signs of Weak European Sugar Production Support Prices](https://todaymarkets.com/signs-of-weak-european-sugar-production-support-prices/): October NY world sugar #11 (SBV26) closed up +0.32 (+1.85%) on Wednesday, and October London ICE white sugar #5 (SWV26) closed down -3.00 (-0.58%). Sugar prices settled mixed on Wednesday, with London sugar falling to a 1.5-week low.  NY sugar found support Wednesday on signs of lower sugar production in France, Europe’s largest producer, after […] - [Cotton Rounds Out with Gains](https://todaymarkets.com/cotton-rounds-out-with-gains/): Cotton futures posted strength on the Wednesday session with contracts up 25 to 93 points at the close. Crude oil was down 45 cents per barrel, with the US dollar index $0.227 higher. The 7-day forecast remains relatively dry for much of Texas, with scattered light totals not seen over 0.25 inch. The Gulf is […] - [Are markets reacting to Putin's threats?](https://todaymarkets.com/are-markets-reacting-to-putins-threats/): The failure of peace negotiations and Moscow’s return to a strategy of direct escalation is a clear signal that previous diplomacy has hit a dead end. Reports of mass ballistic missile attacks on Kyiv being prepared by Russia, including on the city center and critical infrastructure, show that the Kremlin is using leaks as an […] - [Meta’s share price surges on legal agreement, but there could be trouble ahead](https://todaymarkets.com/metas-share-price-surges-on-legal-agreement-but-there-could-be-trouble-ahead/): The main story in the tech world was expected to be Nvidia’s earnings that are released later today, however, Meta is grabbing the headlines, as it faces paying $16.7bn in damages after reaching an agreement on a long running legal battle with 29 US states who sued the social media giant. The case against Meta […] - [Oil reverses declines despite Trump's assurances, while Wall Street awaits Nvidia's judgment report](https://todaymarkets.com/oil-reverses-declines-despite-trumps-assurances-while-wall-street-awaits-nvidias-judgment-report/): It is clear that Wall Street investors are unsure of what to expect in the near future. Volatility in recent days has decreased significantly, and a sideways trend has appeared on the chart. Investors are waiting today for the results of the American chip giant, Nvidia, while the broader market sentiment will depend not so […] - [Trade of The Day - WHEAT](https://todaymarkets.com/trade-of-the-day-wheat-2/): Facts: Recommendation: WHEAT (D1) Source: xStation5 OPINION : The wheat (WHEAT) chart currently shows a forming opportunity from both a technical and fundamental perspective. Despite strong gains in recent weeks, driven by concerns about exports via the Black Sea, the price has surpassed the latest peak, confirming strong demand and an upward trend. The uptrend […] - [Chart of the Day - US100 ahead of Nvidia earnings – will semiconductors get hit or get fresh fuel?](https://todaymarkets.com/chart-of-the-day-us100-ahead-of-nvidia-earnings-will-semiconductors-get-hit-or-get-fresh-fuel/): The Nasdaq 100 futures contract ( US100 ) will be closely watched by global markets today ahead of earnings from Nvidia (NVDA.US), the world’s largest listed company by market capitalization, due after the U.S. market close. The results are likely to shape investor sentiment toward chipmakers and sectors linked to AI infrastructure. Investors expect the […] - [Economic calendar - Wall Street holds its breath: US PCE data and Nvidia earnings in focus](https://todaymarkets.com/economic-calendar-wall-street-holds-its-breath-us-pce-data-and-nvidia-earnings-in-focus/): Today’s calendar is relatively busy, with the key releases concentrated in the afternoon, shortly before the Wall Street open. The main focus will be the Fed’s preferred inflation gauge for July, together with fresh data on U.S. household income and consumption. The releases could trigger a sharp increase in volatility in EURUSD and, once again, […] - [Oil tumbles to $85, markets await Nvidia earnings](https://todaymarkets.com/oil-tumbles-to-85-markets-await-nvidia-earnings/): U.S. stock indices recovered a small part of their recent losses yesterday as oil prices and bond yields declined, modestly improving risk appetite ahead of Nvidia’s earnings release after the U.S. market close — a key event for the broader AI rally. The Nasdaq 100 outperformed, while semiconductor stocks rebounded after several weaker sessions. Today, […] - [Gold remains depressed below $4,650 on firmer USD; looks to US PCE for Fed rate outlook](https://todaymarkets.com/gold-remains-depressed-below-4650-on-firmer-usd-looks-to-us-pce-for-fed-rate-outlook/): Gold (XAU/USD) sticks to modest losses below $4,650 heading into the European session on Wednesday, though it lacks bearish conviction and remains confined within the previous day’s broader range. The US Dollar (USD) regains positive traction amid some repositioning ahead of the US Personal Consumption Expenditures (PCE) Price Index and is seen as weighing on […] - [Australian Dollar: RBA waits as inflation sticks – Commerzbank](https://todaymarkets.com/australian-dollar-rba-waits-as-inflation-sticks-commerzbank/): Volkmar Baur at Commerzbank notes that the Reserve Bank of Australia (RBA) is in wait-and-see mode after three rate hikes, assessing how inflation and the labor market evolve. July Consumer Price Index (CPI) eased to 3.5% but missed expectations, with trimmed-mean inflation stuck at 3.6%. He expects a hawkish tone at the September meeting but […] - [US Dollar: Core PCE and Warsh remarks in focus – OCBC](https://todaymarkets.com/us-dollar-core-pce-and-warsh-remarks-in-focus-ocbc/): OCBC Bank strategists Sim Moh Siong and Christopher Wong highlight that lower energy prices have helped pull US and European yields down, supporting a more benign macro backdrop without stoking USD debasement fears. Markets are watching US core Personal Consumption Expenditures (PCE) Price Index and Chair Warsh’s Jackson Hole remarks, as the Federal Reserve’s (Fed) […] - [Equities: Tech-led gains with softer Oil – Deutsche Bank](https://todaymarkets.com/equities-tech-led-gains-with-softer-oil-deutsche-bank/): Deutsche Bank notes that Nvidia’s earnings have become a major macro catalyst, although the impact of positive surprises has faded in recent quarters. Ahead of the latest results, a rebound in Nvidia and semiconductor stocks helped lift the S&P 500 and Nasdaq, while European equities were also mostly firmer. Asian markets are broadly higher as […] - [Federal Reserve: September hike bias shifts – ING](https://todaymarkets.com/federal-reserve-september-hike-bias-shifts-ing/): ING’s James Knightley argues Kevin Warsh’s Jackson Hole speech has shifted the Federal Reserve’s reaction function toward a September rate hike, even though ING’s macro projections suggest the Fed could wait. The analysis highlights inflation above target, robust activity but pressured households, and concludes that a 25bp move is now more likely than a hold, […] - [WTI Oil hits highs near $91 as risks of an all-out war in the Middle East grow](https://todaymarkets.com/wti-oil-hits-highs-near-91-as-risks-of-an-all-out-war-in-the-middle-east-grow/): Crude prices resumed their upside trend on Thursday after some hesitation on Wednesday, with the US benchmark West Texas Intermediate reaching session highs a few cents below $91.00 per barrel, almost 10% up on the week so far. The resumption of hostilities between the US and Iran this week is pushing Oil prices higher amid growing concerns […] - [US Dollar: Near-term stabilization view – BBH](https://todaymarkets.com/us-dollar-near-term-stabilization-view-bbh/): Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is softer mainly against the Japanese Yen and Swiss Franc, with Brent Oil nearing $100. Haddad expects the Dollar to stabilize in the near term except versus the Japanese Yen, and sees elevated Fed rate hike pricing into the September FOMC, but ultimately anticipates […] - [Gold Price - XAU/USD recovery, likely to be challenged around $4,470](https://todaymarkets.com/gold-price-xau-usd-recovery-likely-to-be-challenged-around-4470/): Gold (XAU/USD) is trading higher on Thursday, returning to levels above $4.400 after bouncing from three-week lows near $4,280 on Wednesday. The precious metal is drawing support from a weaker USD, as ADP employment data disappointed and New York Federal Reserve (Fed) President John Williams tamed rate hike expectations, but Fed tightening bets remain solid, and […] - [Swiss Franc: Swiss data supports dip-buying case – Societe Generale](https://todaymarkets.com/swiss-franc-swiss-data-supports-dip-buying-case-societe-generale/): Societe Generale strategists note Swiss August Consumer Price Index (CPI) and second-quarter Gross Domestic Product (GDP) surprised to the upside, triggering profit-taking in EUR/CHF and USD/CHF but leaving Swiss National Bank (SNB) policy expectations unchanged. They point out that wider G10/SNB rate differentials and low FX volatility may encourage EUR/CHF dip-buying, while warning that renewed […] - [Oil Prices Swing](https://todaymarkets.com/oil-prices-swing/): Crude oil prices remained volatile on Thursday, swinging around $91 a barrel and trading near their highest levels in more than a month as investors continued to monitor the situation in the Middle East, including the evolving strikes and their impact on oil supplies through Hormuz. Hostilities resumed earlier this week for the first time […] - [Broadcom Delivers Record Results. The Market Is Already Looking Much Further Ahead](https://todaymarkets.com/broadcom-delivers-record-results-the-market-is-already-looking-much-further-ahead/): Broadcom closed its third fiscal quarter of 2026 with results that, on an operational level, are difficult to describe as anything other than outstanding. Revenue reached $29.59 billion, up 86% year over year and above analysts’ expectations. Earnings growth was even more impressive. Key figures: What stands out most is that such a substantial improvement […] - [Canadian Dollar: BoC inflation focus and valuation divergence – MUFG](https://todaymarkets.com/canadian-dollar-boc-inflation-focus-and-valuation-divergence-mufg/): Derek Halpenny at MUFG notes the Canadian Dollar’s (CAD) immediate advance after the Bank of Canada left rates unchanged at 2.25% but signalled greater concern over inflation. Communications hinted at a possible earlier hike, yet MUFG doubts a sustained CAD rebound, citing short‑term valuation models that suggest USD/CAD should trade higher, with Oil and Middle East risks […] - [Polish Zloty: NBP language turns cautious after FX pressure – Commerzbank](https://todaymarkets.com/polish-zloty-nbp-language-turns-cautious-after-fx-pressure-commerzbank/): Commerzbank’s Tatha Ghose notes that NBP Governor Adam Glapinski used G20 remarks to shift towards a more neutral, flexible stance, avoiding earlier dovish hints of imminent rate cuts. With August CPI surprising hawkishly and the Zloty underperforming CE3 peers, the bank is seen on the back foot. Ghose expects unchanged rates on 9 September but […] - [Australian Dollar: Pullback eases with upside focus on 0.7200 against US Dollar – UOB](https://todaymarkets.com/australian-dollar-pullback-eases-with-upside-focus-on-0-7200-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report AUD/USD dipped to 0.7122 before a strong rebound to 0.7176, leaving intraday price action in a 0.7140–0.7180 range. Downward momentum is fading and a break above 0.7190 would confirm 0.7120 is out of reach. On a 1–3 month horizon, the pair is seen poised to […] - [Japanese Yen: Intervention jitters linger – ING](https://todaymarkets.com/japanese-yen-intervention-jitters-linger-ing/): Chris Turner at ING notes that a near 1% drop in USD/JPY within minutes, followed by another slide, sparked talk of renewed Japanese intervention after the Bank of Japan’s earlier $96 billion sales. Authorities appear satisfied with price action, but Turner says a likely Fed hike in mid-September should keep USD/JPY supported unless the Bank […] - [XAG/USD struggles to extend upside above $66.25, NFP data awaited](https://todaymarkets.com/xag-usd-struggles-to-extend-upside-above-66-25-nfp-data-awaited/): Silver price (XAG/USD) struggles to extend Wednesday’s strong recovery move above $66.25 during the European trading session on Thursday. The white metal could remain sideways as investors await the United States (US) Nonfarm Payrolls (NFP) data for August, which will be released on Friday. US jobs rebound seen keeping Fed on hold despite hawkish risks According […] - [US Dollar: Hedging impulse fades as holdings stabilize – BNY](https://todaymarkets.com/us-dollar-hedging-impulse-fades-as-holdings-stabilize-bny/): BNY’s Geoff Yu notes that the July FOMC-driven Dollar hedging impulse has largely run its course, with early signs of USD buying returning against EUR, MXN and CAD. Trade-weighted Dollar holdings are historically light, suggesting scope for stabilization, but a sustained recovery still depends on stronger U.S. asset demand and renewed real-rate leadership. Dollar hedges […] - [Trade of The Day - EUR/USD](https://todaymarkets.com/trade-of-the-day-eur-usd-2/): Facts: Recommendation: Trade: Long position on EURUSD at market price Target: 1.1677, 1.1745 Stop: 1.1535 Opinion: EURUSD has been trading in an upward trend recently. Looking at the D1 interval, one can see that the recent downward correction reached the key support, where buyers appeared twice .The area 1.1580 is marked with previous price reactions […] - [Chart of the Day: USDJPY sees another sharp drop; the pair is already down 1.25% intraday](https://todaymarkets.com/chart-of-the-day-usdjpy-sees-another-sharp-drop-the-pair-is-already-down-1-25-intraday/): The USD/JPY pair saw a sharp sell-off today, falling by over 1.2 per cent and testing the day’s low at 156.35 . The market is rapidly pricing in the growing risk of direct intervention by the Japanese Ministry of Finance (MoF) and signs of a hawkish shift in the Bank of Japan’s (BoJ) policy. 1. […] - [Time to take a breather, oil price pullback helps markets recover](https://todaymarkets.com/time-to-take-a-breather-oil-price-pullback-helps-markets-recover/): Key takeaways As we move into the second half of the week, the oil price is dipping and there are signs of stabilisation in the bond market and in stocks. US indices snapped a 3-day losing streak on Wednesday, Asian indices rose overnight and futures prices point to more stabilisation today, with the FTSE 100 […] - [Soybeans Rise Above $13](https://todaymarkets.com/soybeans-rise-above-13/): Soybean futures rose above $13.0 per bushel, near their highest level since December 2023 as fresh Chinese buying and signs of tightening crop conditions supported prices. Private exporters reported fresh sales of 202,000 metric tons of US soybeans to China for delivery in the 2026/27 marketing year, following a 136,000-ton purchase a day earlier. The […] - [Corn Futures Fall on Profit-Taking](https://todaymarkets.com/corn-futures-fall-on-profit-taking/): Corn futures fell below $5.2 per bushel, easing from a three-year high as traders took profits following the recent rally. Still, concerns over US yields and potential export demand continued to support prices. The latest USDA report showed the corn crop holding at 57% good-to-excellent as of August 30, while recent field assessments pointed to […] - [Palm Oil Rebounds on Dalian Gains, El Niño Risks](https://todaymarkets.com/palm-oil-rebounds-on-dalian-gains-el-nino-risks/): Malaysian palm oil futures strengthened, trading near MYR 4,990 per tonne after recent losses, lifted by firmer edible oil prices on the Dalian market. Sentiment was also supported by rising El Niño risks, which could bring drier conditions to Southeast Asia. Palm oil output in top supplier Indonesia is expected to fall 2.9% to 56.8 […] - [Cocoa down 4% as Mondelez International calms market supply fears](https://todaymarkets.com/cocoa-down-4-as-mondelez-international-calms-market-supply-fears/): The cocoa market remains strongly supported by concerns over weather conditions in West Africa, but the fundamental picture is far from uniformly bullish, with ICE cocoa futures (COCOA) down more than 4% today . Industry giant Mondelez has pointed out that relatively healthy cocoa inventories provide a buffer that could soften the impact of a […] - [Trade of The Day - EUR/USD](https://todaymarkets.com/trade-of-the-day-eur-usd/): Facts: Recommendation: EURUSD (D1) Source: xStation5 OPINION : On the EURUSD pair, a clear repricing of both the probability and the scale of interest rate hikes can currently be observed, which should trigger a correction in the euro versus the US dollar. Price growth in Europe is weaker than in the US, inflation expectations are […] - [Agricultural Commodities Retreat](https://todaymarkets.com/agricultural-commodities-retreat/): COTTON & WHEAT down more than 2% 🔥 Agricultural commodities have seen a strong wave of gains, driven mainly by supply and logistics concerns. These stem from a combination of worries about fertilizer prices, the security of terminals in the Black Sea, and weather anomalies following El Niño. WHEAT (D1) Chart Source: xStation5 Wednesday, however, […] - [Iron Ore Falls on Strong Supply Outlook](https://todaymarkets.com/iron-ore-falls-on-strong-supply-outlook/): Iron ore futures fell toward CNY 710 per ton in early September, retreating from one-month highs on expectations of strong supply in the second half of the year. Industry data showed global iron ore shipments increased by 2.73 million tons week-on-week to 35.72 million tons from August 24-30. However, iron ore arrivals at 47 Chinese […] - [Steel Pulls Back on Demand Uncertainty](https://todaymarkets.com/steel-pulls-back-on-demand-uncertainty/): Steel rebar futures fell to around CNY 3,100 per ton in early September, pulling back from multi-month highs as surging oil prices heightened inflationary risks and reinforced expectations of imminent interest rate hikes, weighing on the demand outlook. Higher rates could eventually slow global economic growth, dampening demand for industrial metals. Meanwhile, steel prices rallied […] - [Japanese Yen: Intervention risk may revive tactical longs - BNY](https://todaymarkets.com/japanese-yen-intervention-risk-may-revive-tactical-longs-bny/): BNY’s Geoff Yu says JPY selling has largely run its course, while USD/JPY’s return toward 160 keeps intervention risk firmly in focus. The bank notes that positioning has not yet turned decisively long JPY, but sees scope for tactical yen buying to re-emerge if markets again anticipate official intervention. Intervention risk anchors USD/JPY levels “Exposures […] - [Equities: Global stocks extend declines as yields rise – Deutsche Bank](https://todaymarkets.com/equities-global-stocks-extend-declines-as-yields-rise-deutsche-bank/): Deutsche Bank’s Jim Reid notes that rising nominal and real yields pressured global equities, with US and European stocks falling and losses extending across Asia. US technology shares underperformed, while European declines were more moderate. Futures for major US and European indices also pointed to continued weakness. Global indices under broad pressure “Meanwhile in the US, […] - [Brent: Geopolitical risk keeps cracks elevated – ING](https://todaymarkets.com/brent-geopolitical-risk-keeps-cracks-elevated-ing/): ING analysts Warren Patterson and Ewa Manthey note Brent has pushed back above $95/bbl as escalating Persian Gulf tensions revive supply risk and a geopolitical premium. They highlight record ICE gasoil cracks, extreme backwardation and ongoing disruptions to Middle East and Russian diesel exports. ING expects middle distillate cracks to stay highly elevated and volatile […] - [RBNZ raises interest rates again, yet NZD falls after the decision](https://todaymarkets.com/rbnz-raises-interest-rates-again-yet-nzd-falls-after-the-decision/): The Reserve Bank of New Zealand raised the Official Cash Rate (OCR) by 25 basis points to 2.75% on Wednesday. Annual CPI inflation accelerated to 4.1% in Q2 , largely due to higher fuel prices linked to the conflict in the Middle East. However, the RBNZ emphasized that underlying inflationary pressures remain considerably weaker. Excluding […] - [US Dollar: August inflation key to September Fed decision - Commerzbank](https://todaymarkets.com/us-dollar-august-inflation-key-to-september-fed-decision-commerzbank/): Antje Praefcke at Commerzbank highlights that markets now price nearly a 70% chance of a September Fed hike after Chair Kevin Warsh’s hawkish speech, but stresses upcoming US inflation data will be decisive. She downplays the jobs report as a linchpin and questions how long the Dollar can benefit from a potential rate hike amid renewed political […] - [British Pound: Downside risk toward 1.3480 against US Dollar – UOB](https://todaymarkets.com/british-pound-downside-risk-toward-1-3480-against-us-dollar-uob/): UOB’s Quek Ser Leang and Lee Sue Ann note GBP/USD broke below its anticipated intraday range, dropping to 1.3507 as downside momentum starts to build. Intraday, they expect a bearish bias with potential tests of 1.3500 and the major 1.3480 support, provided prices stay below 1.3545. Over one to three weeks, they keep a downside risk focus, […] - [Euro: Pressured as ECB hike looms – Danske Bank](https://todaymarkets.com/euro-pressured-as-ecb-hike-looms-danske-bank/): Danske Research Team notes that EUR/USD slipped below 1.1600 as the US Dollar strengthened on a hawkish Federal Reserve stance and geopolitical tensions. The team highlights that Euro area inflation has moved back above 3%, reinforcing expectations for a September ECB rate hike. Manufacturing data show a rebound led by Germany, while unemployment remains historically […] - [WTI declines to near $89.00 despite US-Iran tensions](https://todaymarkets.com/wti-declines-to-near-89-00-despite-us-iran-tensions/): West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $89.10 during the early European trading hours on Wednesday. WTI declines as traders take some profits. However, the potential downside of black gold might be limited amid ongoing tensions in the Middle East.  Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed it has launched a “heavy” ballistic missile attack on […] - [United States Dollar Index hold gains above 99.50 as Treasury yields hit multi-year highs](https://todaymarkets.com/united-states-dollar-index-hold-gains-above-99-50-as-treasury-yields-hit-multi-year-highs/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground for the second successive day and trading around 99.70 during the Asian hours on Wednesday. The Greenback has strengthened amid rising bond yields and surging oil prices, which have reignited concerns over persistent inflation […] - [ XAG/USD slips below $64.00 as inflation fears increase](https://todaymarkets.com/xag-usd-slips-below-64-00-as-inflation-fears-increase/): Silver price (XAG/USD) extends its losses for the second successive day, trading around $63.40 per troy ounce during the Asian hours on Wednesday. The non-yielding Silver declines as a global bond selloff drove the US 10-year Treasury yield up to 4.80%, hitting its highest point since early 2025. This surge in yields reignited market anxieties surrounding stubborn […] - [Gold bounces off four-week low; remains vulnerable near $4,300 amid Fed hike bets](https://todaymarkets.com/gold-bounces-off-four-week-low-remains-vulnerable-near-4300-amid-fed-hike-bets/): Gold (XAU/USD) recovers slightly from a nearly four-week low, which it touched during the Asian session on Wednesday, and currently trades just above the $4,300 mark, still down over 0.50% for the day. The escalating Middle East conflict lifted crude oil prices to a fresh high since July 24, stoking inflation fears and reaffirming US Federal […] - [Heating Oil Surges to Record High](https://todaymarkets.com/heating-oil-surges-to-record-high/): US heating oil prices surged past $4.70 per gallon in early September, hitting a fresh record and leaving prices about 100% higher than a year earlier amid tightening distillate markets. Supply risks have intensified as escalating tensions between the US and Iran raise concerns over oil flows through the Strait of Hormuz, while Ukrainian attacks […] - [Platinum Hits 2-Week Low](https://todaymarkets.com/platinum-hits-2-week-low/): Platinum futures fell below $1,740 an ounce, hitting a two-week low as rising global bond yields and a stronger US dollar weighed across the precious metals complex. The escalating conflict between the US and Iran continued to push oil prices higher, fueling concerns that persistent inflation could prompt the Federal Reserve to raise interest rates […] - [Nickel Falls to Over 1-Month Low](https://todaymarkets.com/nickel-falls-to-over-1-month-low/): Nickel traded around $16,600 per tonne, reaching its lowest level since early July, as ample near-term supply weighed on prices. Indonesia imported 11.4 million tonnes of nickel ore from the Philippines in January-July, up from 6.82 million tonnes a year earlier, indicating continued feedstock availability for Indonesian smelters despite tighter mining quotas. Additionally, MHP supply […] - [Palm Oil Retreats on Weak Demand, Heavy Supply](https://todaymarkets.com/palm-oil-retreats-on-weak-demand-heavy-supply/): Malaysian palm oil futures hovered below MYR 4,950 per tonne, ending their recent rally as weaker edible oils on the Dalian and Chicago exchanges weighed on sentiment. Weak exports added pressure, with cargo surveyors estimating Malaysian palm oil shipments fell 6.5%–14.9% in August from the prior month. Ample supply also remained a concern, with inventories […] - [Copper Falls on Demand Concerns](https://todaymarkets.com/copper-falls-on-demand-concerns/): Copper fell toward $6.4 per pound on Wednesday, hitting its lowest level in a month as rising oil prices and global bond yields kept inflationary risks and interest rate concerns in focus, weighing on the demand outlook. Oil prices advanced for a third consecutive session amid escalating hostilities between the US and Iran, complicating efforts […] - [US Natural Gas Prices Rise](https://todaymarkets.com/us-natural-gas-prices-rise/): US natural gas prices rose to $2.94/MMBtu, reaching their highest level in nearly eight weeks, as hot weather persisted and LNG export activity strengthened. Forecasts indicate that temperatures will remain mostly above normal across the central US through mid-September, likely keeping demand for gas-fired power generation elevated. At the same time, average gas flows to […] - [Coal Hits 11-Week High](https://todaymarkets.com/coal-hits-11-week-high/): Coal prices rallied to around $145 per ton in early September, reaching their highest levels in eleven weeks amid robust global energy demand and persistent supply risks. The fossil fuel also advanced despite China reporting that solar power had become the country’s single largest source of electricity capacity, surpassing coal-fired power for the first time […] - [Global bond market sell off](https://todaymarkets.com/global-bond-market-sell-off/): Key takeaways Global bond market sell off haunts markets Global sovereign bonds are selling off as we start a new month. The UK is, unsurprisingly, taking the biggest hit. Two and 10-year yields rose by 10 basis points at one point on Tuesday, and are currently higher by 7 and 8bps respectively. The UK’s debt […] - [Coffee Prices Pressured by Rising Supplies](https://todaymarkets.com/coffee-prices-pressured-by-rising-supplies/): December arabica coffee (KCZ26) closed down -2.05 (-0.66%) on Tuesday, and November ICE robusta coffee (RMX26) closed down -68 (-1.93%). Coffee prices settled lower on Tuesday, with arabica falling to a 1-month low and robusta sliding to a 2.75-month low.  Coffee prices have sold off sharply over the past week on the outlook for Brazil’s […] - [Cocoa Prices Fall on Larger Supplies from the Ivory Coast](https://todaymarkets.com/cocoa-prices-fall-on-larger-supplies-from-the-ivory-coast/): December ICE NY cocoa (CCZ26) closed down -200 (-2.95%) on Tuesday, and December ICE London cocoa #7 (CAZ26) closed down -42 (-0.86%). Cocoa prices retreated on Tuesday, with London cocoa falling from an 11-month high.   Larger supplies from the Ivory Coast pressured cocoa prices on Tuesday.  Cumulative data from the Ivory Coast, the world’s largest […] - [Sugar Prices Rally on the Outlook for a Global Deficit](https://todaymarkets.com/sugar-prices-rally-on-the-outlook-for-a-global-deficit/): October NY world sugar #11 (SBV26) closed up +0.55 (+3.09%) on Tuesday, and October London ICE white sugar #5 (SWV26) closed up +19.60 (+3.81%). Sugar prices settled sharply higher on Tuesday after the International Sugar Organization (ISO) projected a global sugar deficit.  ISO on Tuesday projected a 2026/27 global sugar deficit of -200,000 MT after […] - [Cotton Falls Back Lower](https://todaymarkets.com/cotton-falls-back-lower/): Cotton posted Turnaround Tuesday losses of 115 to 169 points at the Tuesday close.  Crude oil was $4.92 per barrel higher on the day, with the US dollar index up $0.235. Weekly Crop Progress data showed 89% of the US cotton setting bolls as of Sunday, with 29% of the crop with bolls opening. Condition […] - [Gold Drops 1.5% - Are Precious Metals Heading Lower Again?](https://todaymarkets.com/gold-drops-1-5-are-precious-metals-heading-lower-again/): The rise in oil prices is putting pressure on the precious metals market today, with gold down nearly 1.5% and silver falling close to 2.5%. The move comes alongside higher bond yields and growing expectations for faster interest-rate hikes in the U.S. Volatility may increase this afternoon when the U.S. JOLTS and ISM Manufacturing data […] - [Eurozone Inflation Comes In Below Forecasts, Unemployment Rises. EUR/USD reacts](https://todaymarkets.com/eurozone-inflation-comes-in-below-forecasts-unemployment-rises-eur-usd-reacts/): The euro is recovering slightly after its recent losses despite unfavorable data from the euro area, where CPI inflation rose at a slower pace than expected and the unemployment rate increased to 6.4%, exceeding forecasts. EURUSD (M15 interval) Source: xStation5 - [Currency Talk - GBP/AUD, EUR/GBP, GBP/CAD](https://todaymarkets.com/currency-talk-gbp-aud-eur-gbp-gbp-cad/): This analysis from the Overbalance series aims to identify three financial instruments, analysed primarily on the daily/four-hour (D1/H4) timeframe. The analysis utilises solely the Overbalance methodology, which enables the identification of points where a trend may continue or where a reversal may occur. Today’s analysis covers three instruments, assessed solely in terms of their 1:1 […] - [Chart of the Day - DE40 Falls for a Second Straight Session - Dismal German Retail Sales Data.](https://todaymarkets.com/chart-of-the-day-de40-falls-for-a-second-straight-session-dismal-german-retail-sales-data/): German retail sales disappointed sharply in July, falling 3.4% m/m versus expectations for a 0.4% increase. This was a significant downside surprise, pointing to weaker private consumption. Moreover, Destatis revised the June reading to 0.0% m/m from the previously reported 0.7% decline. The weak data are not encouraging for equities and the valuations of companies […] - [Dow Jones futures fall as surging oil prices stoke inflation concerns](https://todaymarkets.com/dow-jones-futures-fall-as-surging-oil-prices-stoke-inflation-concerns/): Dow Jones futures fall by 0.45% to trade near 53,000 during European hours on Tuesday. Meanwhile, S&P 500 futures decline by 0.5%, to trade around 7,660, while Nasdaq 100 futures lose 0.83% to trade around 29,270. US stock futures slid as investors absorbed a sudden surge in oil prices driven by renewed conflict in the Middle East. […] - [Polish Zloty: Fiscal risks cap gains against Euro - Societe Generale](https://todaymarkets.com/polish-zloty-fiscal-risks-cap-gains-against-euro-societe-generale/): Societe Generale notes that the Polish Zloty strengthened while domestic bonds sold off as August inflation and second-quarter Gross Domestic Product (GDP) exceeded expectations and the government presented its 2027 budget. The draft foresees a 7.1% of GDP deficit and a tax overhaul shifting burden toward corporates, raising concerns about ratings risks and borrowing costs despite recent […] - [CEE FX: Hawkish repricing supports regional currencies – ING](https://todaymarkets.com/cee-fx-hawkish-repricing-supports-regional-currencies-ing/): ING strategist Frantisek Taborsky reports that Polish inflation surprised to 3.4% on higher fuel prices, while food prices fell, and a busy data calendar looms for Central and Eastern Europe. He notes regional markets have shifted back into hawkish mode after recent Federal Reserve comments and geopolitical tensions, with Czech and Polish curves pricing multiple hikes, which should limit […] - [Indian Rupee: RBI tightening path seen shallow – Standard Chartered](https://todaymarkets.com/indian-rupee-rbi-tightening-path-seen-shallow-standard-chartered/): Standard Chartered strategists Anubhuti Sahay and Saurav Anand expect the Reserve Bank of India (RBI) to deliver a total of 50bps of repo rate hikes in FY27, split between October and December 2026, citing resilient activity and hawkish August Monetary Policy Committee (MPC) minutes. They highlight upside risks if inflation surprises higher, but still see […] - [Euro: Proactive ECB seen as supportive – Commerzbank](https://todaymarkets.com/euro-proactive-ecb-seen-as-supportive-commerzbank/): Michael Pfister at Commerzbank notes that several central banks, including the European Central Bank (ECB), have already raised rates following the inflation shock linked to the Iran conflict. He stresses that markets reward central banks that react proactively rather than label shocks as transitory. For the Euro, he views the ECB’s more forceful stance as a positive […] - [Disastrous German Retail Sales Data. Is the Economy Losing Momentum?](https://todaymarkets.com/disastrous-german-retail-sales-data-is-the-economy-losing-momentum/): German retail sales disappointed sharply in July, falling 3.4% m/m versus expectations for a 0.4% increase. This was a significant downside surprise, pointing to weaker private consumption. Moreover, Destatis revised the June reading to 0.0% m/m from the previously reported 0.7% decline. The weak data are not encouraging for equities and the valuations of companies […] - [Japanese Yen: BoJ hike expectations shape FX – MUFG](https://todaymarkets.com/japanese-yen-boj-hike-expectations-shape-fx-mufg/): Michael Wan at MUFG notes continued dispersion in Asia FX, with USD/JPY trading just below 160. NHK reports US officials urging Japan to raise interest rates, while markets already price a 92% chance of a September Bank of Japan (BoJ) hike. Communication on the full path of rate increases is seen as key for Japanese […] - [XAG/USD looks for direction above key support at $65.50 area](https://todaymarkets.com/xag-usd-looks-for-direction-above-key-support-at-65-50-area/): Silver (XAG/USD) remains practically flat on Tuesday, holding most of Friday’s losses and trading at $66.60 at the time of writing, with price action contained within the previous day’s range. The broader bullish trend from late July lows remains in play, but failure to breach Monday’s high, at $67.47, might increase pressure on a key support […] - [Brent Oil: Geopolitics delay supply recovery – OCBC](https://todaymarkets.com/brent-oil-geopolitics-delay-supply-recovery-ocbc/): OCBC strategists Sim Moh Siong and Christopher Wong raise their end-2026 Brent forecast to USD 80/bbl from USD 75/bbl as Middle East supply disruptions prove more prolonged. They note falling inventories, rising transport costs and emerging diesel shortages as key constraints. Brent has traded above USD 90/bbl on escalating US–Iran tensions and persistent risks around […] - [Equities: Geopolitics and yields pressure stocks - Deutsche Bank](https://todaymarkets.com/equities-geopolitics-and-yields-pressure-stocks-deutsche-bank/): Deutsche Bank’s Jim Reid notes that global equities ended August on a softer footing as escalating US-Iran tensions and a hawkish Jackson Hole speech from Fed Chair Warsh weighed on risk sentiment. The S&P 500 and Stoxx 600 declined on Monday, while tech stocks proved relatively resilient as semiconductor shares stabilized. The cautious tone carried into Asian […] - [British Pound: Downside risk focuses on 1.3480 against US Dollar – UOB](https://todaymarkets.com/british-pound-downside-risk-focuses-on-1-3480-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that GBP/USD remains in a short-term range after last week’s sharp drop, with intraday trade expected between 1.3535 and 1.3570. Despite deeply oversold conditions limiting sustained declines, they still see downside risk toward 1.3480 over the next 1–3 weeks, as long as the British […] - [Euro: Modest rebound against US Dollar as yields rise – Danske Bank](https://todaymarkets.com/euro-modest-rebound-against-us-dollar-as-yields-rise-danske-bank/): Danske Research Team notes that EUR/USD has modestly rebounded above 1.16 following recent Dollar strength after Fed Chair Kevin Warsh’s Jackson Hole speech. They also highlight contained underlying inflation pressures across major euro-area economies, while markets await the region’s flash inflation, unemployment and final manufacturing PMI data. Pair recovers above 1.16 level “In the euro area, we […] - [September risks rise: rate hikes, oil prices and bond yields, plus, the end of an era for Apple](https://todaymarkets.com/september-risks-rise-rate-hikes-oil-prices-and-bond-yields-plus-the-end-of-an-era-for-apple/): Key takeaways Stocks are pointing to a lower open in Europe later today, as the oil price continues to climb, and bond yields also jump. The Brent crude oil price is back above $91 per barrel, as tensions between Iran and the US heat up. A tanker was hit in the Strait of Hormuz, which […] - [Economic Calendar - U.S. JOLTS and ISM Manufacturing in focus. What will Eurozone CPI show?](https://todaymarkets.com/economic-calendar-u-s-jolts-and-ism-manufacturing-in-focus-what-will-eurozone-cpi-show/): Today, market attention will focus on euro area data, including unemployment figures and, above all, the preliminary CPI inflation reading for August. However, the main focus for FX and equity markets will be the U.S. JOLTS report on job openings and the August ISM Manufacturing Index, which is expected to ease slightly while remaining at […] - [Oil Fuels Market Uncertainty. Wall Street and Gold Under Pressure](https://todaymarkets.com/oil-fuels-market-uncertainty-wall-street-and-gold-under-pressure/): Rising geopolitical tensions have weighed on market sentiment. Equities, government bonds and precious metals are declining, while oil prices are moving higher, increasing concerns about renewed inflationary pressures and a more hawkish Federal Reserve. The S&P 500 has erased its August gains, while U.S. index futures are down around 0.1%–0.2% today. GOLD chart (D1 interval) […] - [The Week Ahead](https://todaymarkets.com/the-week-ahead-3/): Key takeaways The week ahead: Payrolls in focus as Fed rate hike As we start a new week, the market is digesting the fallout from Kevin Warsh’s Jackson Hole speech. Traders are also faced with a resumption of air strikes between the US and rising oil prices, and renewed expectations of a Federal Reserve rate […] - [Can You Beat the Bond Market?](https://todaymarkets.com/can-you-beat-the-bond-market/): Partly outside the spotlight of retail investors and public opinion, one can observe changes in the bond market which, although not very impressive in nominal terms, have enormous implications. The buzz of speculation, theories, and fears was partly fueled by Kevin Warsh’s speech at Jackson Hole. Many investors and analysts expected the new Fed chair […] - [Arabica Coffee Posts Moderate Losses as Prices Consolidate](https://todaymarkets.com/arabica-coffee-posts-moderate-losses-as-prices-consolidate/): December arabica coffee (KCZ26) closed down 1.35 (-0.43%) on Monday, and November ICE robusta coffee (RMX26) did not trade, as markets were closed in the UK for a holiday. Arabica coffee settled lower on Monday as prices consolidated above last Thursday’s 3-week low. Last Thursday, arabica coffee fell to a 3-week low, and robusta dropped […] - [Cocoa Prices Rise on Concern Over West African Cocoa Quality](https://todaymarkets.com/cocoa-prices-rise-on-concern-over-west-african-cocoa-quality/): December ICE NY cocoa (CCZ26) closed up +123 (+1.85%) on Monday, and September ICE London cocoa #7 (CAU26) did not trade, with markets in the UK closed for a holiday. NY cocoa extended its sharp three-session rally on Monday and posted an 11-month high.  Concerns about the quality of this year’s West African cocoa crops […] - [Global Supply Fears Underpin Sugar Prices](https://todaymarkets.com/global-supply-fears-underpin-sugar-prices/): October NY world sugar #11 (SBV26) closed up +0.25 (+1.42%) on Monday, and October London ICE white sugar #5 (SWV26) did not trade, with markets closed in the UK for a holiday. NY sugar settled sharply higher on Monday but remained below last Friday’s significant high as the outlook for a global sugar deficit underpins […] - [Wheat Futures Fall on Black Sea Export Hopes](https://todaymarkets.com/wheat-futures-fall-on-black-sea-export-hopes/): Wheat futures fell to around $7.50 per bushel in early September, slipping away from a more than three-year high reached on August 28 as prospects for renewed grain shipments through the Black Sea eased supply concerns. Turkey said it is in talks with both Russia and Ukraine regarding the safe passage of grain exports and […] - [Palm Oil Extends Gains as Malaysian Markets Reopen](https://todaymarkets.com/palm-oil-extends-gains-as-malaysian-markets-reopen/): Malaysian palm oil futures jumped near 2% to near MYR 4,900 per tonne, extending the previous session’s rally and hitting a one-week high as traders returned from a holiday. Sentiment was lifted by firmer edible oils on the Dalian and Chicago exchanges, along with a weaker ringgit. Stronger crude oil prices also provided support amid […] - [Soybeans Hit Nearly 3-Year High](https://todaymarkets.com/soybeans-hit-nearly-3-year-high/): Soybean futures climbed above $12.8 per bushel, hitting their highest level in almost three years as the Trump administration’s latest biofuel policy boosted expectations for soybean demand. The EPA granted 1.76 billion renewable fuel credits in small-refinery exemptions for the 2025 compliance year, nearly double its earlier estimate. However, the agency plans to shift the […] - [Copper Rises on Tighter Supply](https://todaymarkets.com/copper-rises-on-tighter-supply/): Copper futures rose above $6.6 per pound on Tuesday, extending gains for a second consecutive session amid ongoing supply-side constraints. Data showed that copper output in top producer Chile fell 9.4% in July from a year earlier, highlighting tightening conditions in global markets. Mining disruptions in Chile, as well as in major producers Indonesia and […] - [Palladium Extends Losses](https://todaymarkets.com/palladium-extends-losses/): Palladium futures fell to around $1,350 per ounce, extending losses for a second session after hitting three-month highs, as a stronger dollar and higher US Treasury yields weighed on the metal following hawkish signals from Federal Reserve Chair Kevin Warsh. Palladium also faced pressure from increased expectations of a September rate hike, with markets awaiting […] - [Zinc Climbs to Over 4-Year High](https://todaymarkets.com/zinc-climbs-to-over-4-year-high-2/): Zinc prices rose above $3,950 a ton, hitting their highest level since April 2022, amid tightening supply conditions. The metal posted a fifth consecutive monthly gain in August and is up 27% so far this year, outperforming other major base metals. Supply concerns have been fueled by disruptions at several mines, including in China, while […] - [WTI holds above $85.50 as Middle East risks tighten global supply](https://todaymarkets.com/wti-holds-above-85-50-as-middle-east-risks-tighten-global-supply/): West Texas Intermediate (WTI) oil price gains ground for the second successive day, trading around $85.60 per barrel during the Asian hours on Tuesday. Crude oil prices are climbing following a fresh wave of hostilities in the Middle East that has renewed fears over potential disruptions to regional energy flows. The escalation broke a month-long […] - [Japan’s Katayama: Confirmed with Bessent that continued, coordinated action on FX is needed](https://todaymarkets.com/japans-katayama-confirmed-with-bessent-that-continued-coordinated-action-on-fx-is-needed/): Japanese Finance Minister (FM) Satsuki Katayama said Tuesday that he confirmed with US Treasury Secretary Scott Bessent that continued, coordinated action on FX is needed. Additional quotes Shared understanding with Bessent on the significance of joint FX intervention. Can’t comment on FX rates when asked if current Yen rates are in order. Hard to say […] - [Gold Pressured by Fed Rate Hike Bets](https://todaymarkets.com/gold-pressured-by-fed-rate-hike-bets/): Gold traded below $4,450 an ounce on Tuesday, hovering near two-week lows as rising oil prices and hawkish remarks from Federal Reserve Chair Kevin Warsh strengthened expectations for a US rate hike this month. Oil prices advanced for a second straight session after US forces struck an island in the Strait of Hormuz, while Iran […] - [Heating Oil Nears 5-Month High](https://todaymarkets.com/heating-oil-nears-5-month-high/): US heating oil prices rose to around $4.45 per gallon, nearing a five-month high and leaving prices about 80% higher than a year earlier, as US distillate inventories remain well below seasonal norms. Distillate stocks fell by 2.2 million barrels to 103.4 million barrels in the week ending August 21, their lowest August level in […] - [European Gas Extends Gains](https://todaymarkets.com/european-gas-extends-gains/): European natural gas prices extended rally, climbing above €70/MWh on Tuesday, the highest level since January 2023, as the flare-up in US-Iran tensions heightened concerns over Europe’s gas supply security heading into the heating season. The US and Iran exchanged strikes for the first time in a month over the weekend, threatening to prolong the […] - [Chart of the Day: Middle East escalation boosts oil prices](https://todaymarkets.com/chart-of-the-day-middle-east-escalation-boosts-oil-prices/): Crude oil has once again become a hostage of geopolitics. Attacks in the Persian Gulf region and increasing restrictions on transit in the Strait of Hormuz have pushed demand fundamentals into the background. Although backwardation at the short end of the oil market curve is not as strong as it was 5 months ago, this […] - [Euro: Inflation test for ECB hike odds – BNY](https://todaymarkets.com/euro-inflation-test-for-ecb-hike-odds-bny/): Geoff Yu at BNY argues that upcoming German CPI and Eurozone flash CPI are critical for European Central Bank expectations, with markets already pricing a near-certain September hike. While services inflation is softening and second-round wage effects remain unclear, stronger headline readings could reinforce hawkish ECB messaging and challenge Europe’s fragile cyclical recovery and activity […] - [Gold: Fed hawkishness caps upside – ING](https://todaymarkets.com/gold-fed-hawkishness-caps-upside-ing/): ING’s commodities team, led by Warren Patterson and Ewa Manthey, reports that Gold came under pressure after Federal Reserve Chair Kevin Warsh reinforced a higher-for-longer rates narrative, supporting the Dollar. They add that upcoming US inflation and labour data, central bank buying and geopolitics will shape Gold’s near-term performance, with upside seen as constrained by rate expectations. […] - [US Dollar: Warsh speech supports greenback – DBS](https://todaymarkets.com/us-dollar-warsh-speech-supports-greenback-dbs/): DBS Group Research economist Philip Wee notes that the US Dollar (USD) recovered after Fed Chairman Kevin Warsh’s Jackson Hole speech, as futures pricing restored a meaningful probability of a September FOMC rate hike. Wee stresses that Warsh reaffirmed his inflation-first stance and avoided detailed forward guidance, leaving structural long-bond and de-dollarisation risks for the […] - [Steel Hits 2-½-Month Highs](https://todaymarkets.com/steel-hits-2-%c2%bd-month-highs/): Steel rebar futures jumped above CNY 3,140 per ton, reaching their highest levels since mid-June as investors anticipated a recovery in demand due to seasonal factors ahead of the September peak construction season. Construction activity in top consumer China typically picks up ahead of winter, strengthening the outlook for demand for steel and raw materials. […] - [Iron Ore Hits 1-Month High](https://todaymarkets.com/iron-ore-hits-1-month-high/): Iron ore futures climbed above CNY 720 per ton, reaching a one-month high as investors anticipated a recovery in demand due to seasonal factors ahead of the September peak construction season. Construction activity in top consumer China typically picks up ahead of winter, strengthening the outlook for demand for steel and raw materials. China’s National […] - [USA and Iran exchange blows, oil prices rise, and markets fear a hawkish Fed](https://todaymarkets.com/usa-and-iran-exchange-blows-oil-prices-rise-and-markets-fear-a-hawkish-fed/): 🌐 Geopolitics 📊 Macroeconomics 🛢️ Commodities 💱 Currencies 📈 Stocks and Indices 🪙 Cryptocurrencies 💡 Suggested for observation - [Japanese Yen: Market needs more than BoJ pricing – OCBC](https://todaymarkets.com/japanese-yen-market-needs-more-than-boj-pricing-ocbc/): OCBC FX Strategist Sim Moh Siong and Christopher Wong highlight that the Japanese Yen (JPY) has already benefited from aggressive market pricing for Bank of Japan (BoJ) tightening, with an 85% chance of a September hike implied. They argue further JPY gains may require additional policy tools beyond rate increases, such as measures to encourage […] - [Brent: Hormuz tensions keep prices supported above $90 - ING](https://todaymarkets.com/brent-hormuz-tensions-keep-prices-supported-above-90-ing/): ING analysts Warren Patterson and Ewa Manthey note that oil prices, including ICE Brent, started the week stronger after US strikes on Iran raised concerns over Persian Gulf supply. They highlight Strait of Hormuz flows and Russia’s extended diesel export ban as key factors supporting the oil complex. Brent underpinned by Gulf tensions “Oil prices […] - [British Pound: Downside risks with 1.3480 in sight against US Dollar – UOB](https://todaymarkets.com/british-pound-downside-risks-with-1-3480-in-sight-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report that GBP/USD fell sharply to 1.3527 and closed at 1.3540, contradicting expectations for range trading. Intraday, they see limited further losses within 1.3520–1.3570 due to oversold conditions. Over the coming weeks, risk stays skewed lower toward 1.3480 while the pair remains capped below 1.3600. Pound […] - [Euro: Warsh speech weighs on EUR against US Dollar – Danske Bank](https://todaymarkets.com/euro-warsh-speech-weighs-on-eur-against-us-dollar-danske-bank/): Danske Research Team notes that Federal Reserve (Fed) Chair Kevin Warsh’s hawkish Jackson Hole speech pushed EUR/USD lower, with markets now pricing September as nearly a coin-flip for a rate hike. The team highlights that the Dollar strengthened versus both the Euro and Japanese Yen, while EUR/USD is broadly unchanged in early Asian trading despite […] - [Gold pares intraday losses to sub-$4,400 levels on softer USD; not out of the woods yet](https://todaymarkets.com/gold-pares-intraday-losses-to-sub-4400-levels-on-softer-usd-not-out-of-the-woods-yet/): Gold (XAU/USD) recovers slightly from sub-$4,400 levels – a one-and-a-half-week low – touched during the Asian session on Monday, though the upside potential seems limited. A softer US Dollar (USD) offers some support to the precious metal and helps trim a part of its intraday losses. Meanwhile, Federal Reserve (Fed) Chair Kevin Warsh’s comments on curbing inflationary […] - [Iran’s IRGC says will respond decisively to any further hostile military aggression](https://todaymarkets.com/irans-irgc-says-will-respond-decisively-to-any-further-hostile-military-aggression/): Iran’s Islamic Revolutionary Guard Corps (IRGC) on Monday that its aerospace forces carried out retaliatory drone and ballistic missile strikes against US targets at two air bases in Jordan earlier in the day, Reuters reported. IRGC said in a statement that the strikes were in response to the “U.S. and Israeli air aggression” against Iran’s southern Larak Island […] - [WTI rises to near $84.50 as IRGC claims supertanker struck by mines in Hormuz](https://todaymarkets.com/wti-rises-to-near-84-50-as-irgc-claims-supertanker-struck-by-mines-in-hormuz/): West Texas Intermediate (WTI) rebounds and continues its intraday gains, trading around $84.40 per barrel during the Asian hours on Monday. Crude oil prices spike following claims by Iran’s Islamic Revolutionary Guard Corps (IRGC) that a rogue supertanker caught fire in the Strait of Hormuz after hitting two naval mines along the waterway’s southern passage. IRGC officials […] - [United States: Labour market watch – NBC Economics and Strategy](https://todaymarkets.com/united-states-labour-market-watch-nbc-economics-and-strategy-2/): NBC Economics and Strategy report that U.S. nominal personal income rose 0.4% in July, double expectations, while spending increased 0.2% and real disposable income climbed 0.4% with flat real spending. They expect August nonfarm payrolls to rise by about 80K, keeping unemployment at 4.1% as participation edges up, and note PCE inflation holding at 3.7% […] - [US Natgas Prices Drop Further](https://todaymarkets.com/us-natgas-prices-drop-further/): US natural gas prices fell to $2.87/MMBtu on Monday, extending their retreat from a five-week high as traders weighed the prospect of increased supply. Energy Transfer LP’s Hugh Brinson Pipeline in Texas is set to begin service on September 1 and will eventually be able to transport about 2.2 Bcf/d of natural gas from the […] - [Copper Edges Lower as Dollar Strengthens](https://todaymarkets.com/copper-edges-lower-as-dollar-strengthens/): Copper futures eased to around $6.55 per pound on Monday, falling for a fourth straight session as the dollar strengthened amid growing expectations that the Federal Reserve will raise interest rates next month following hawkish remarks from Chair Kevin Warsh. A stronger dollar makes greenback-priced commodities such as copper more expensive for buyers using other […] - [Bitcoin, Ethereum, Ripple – BTC pauses, ETH faces $2,500 resistance, XRP holds 200-day EMA key support](https://todaymarkets.com/bitcoin-ethereum-ripple-btc-pauses-eth-faces-2500-resistance-xrp-holds-200-day-ema-key-support/): Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) have paused their gains after facing a slight pullback last week following their recent massive gains. BTC trades around $77,900 on Monday, and ETH faces selling pressure near the key $2,500 resistance level. Meanwhile, XRP corrects and finds support around a key level that could determine its next directional move. […] - [Easing Supply Concerns Weigh on Cocoa Prices](https://todaymarkets.com/easing-supply-concerns-weigh-on-cocoa-prices/): December ICE NY cocoa (CCZ26) closed down -275 (-4.44%) on Tuesday, and December ICE London cocoa #7 (CAZ26) closed down -224 (-4.96%). Cocoa prices sank to 2-week lows on Tuesday and settled sharply lower as cocoa supply concerns ease.  Last Wednesday, Barry Callebaut AG, the world’s biggest cocoa processor, said the global cocoa market is […] - [NY Sugar Prices Recover as Thailand’s Sugar Output Set to Decline](https://todaymarkets.com/ny-sugar-prices-recover-as-thailands-sugar-output-set-to-decline/): October NY world sugar #11 (SBV26) closed up +0.03 (+0.17%) on Tuesday, and October London ICE white sugar #5 (SWV26) closed down -7.20 (-1.37%). Sugar prices settled mixed on Tuesday. NY sugar recovered early losses and posted modest gains amid forecasts for lower sugar production in Thailand, the world’s second-largest sugar exporter.  On Monday, the […] - [Cotton Posts Mixed Trade](https://todaymarkets.com/cotton-posts-mixed-trade/): Cotton futures were mixed on Tuesday, with contracts closing 22 points higher to 26 points lower.  Crude oil was back up $2.77 per barrel on the day, with the US dollar index slipping $0.335.  Weekly Crop Progress data showed 40% of the US cotton crop with bolls opening as of Sunday, with 7% of the […] - [Wheat Post Gains Following Peace Talks](https://todaymarkets.com/wheat-post-gains-following-peace-talks/): The wheat complex came out of the long weekend with gains across the board. Chicago SRW contracts were 6 ¼ to 14 ¼ cents higher at the close. KC HRW futures posted gains of 4 to 18 cents on Tuesday. MPLS spring wheat saw strength of 8 ½ to 11 cents to close out the […] - [Corn Faces Weakness](https://todaymarkets.com/corn-faces-weakness/): Corn futures posted losses of 1 to 3 ¼ cents across most front months on Tuesday. The CmdtyView national average Cash Corn price was down 3 3/4 cents at $4.87 3/4.  This week’s Crop Progress report showed 76% of the US corn crop dented as of September 6, with 25% listed as mature and harvest at 5% […] - [Soybeans Come Out of Labor Day with Gains](https://todaymarkets.com/soybeans-come-out-of-labor-day-with-gains/): Soybeans closed the day with contracts 6 ½ to 10 cent gains across the board on Tuesday. The cmdtyView national average Cash Bean price was up 6 1/2 cents at $12.57 1/4. Soymeal futures were down $1.50 to $5.30 at the close, with Soy Oil 94 to 155 points higher. There were no deliveries against September soybean futures overnight, with 106 […] - [Brent Crude Nearing $100](https://todaymarkets.com/brent-crude-nearing-100/): Tanker attacks, the Strait of Hormuz dispute, and record US fuel prices fuel the next wave of the energy crisis. Oil prices on global exchanges are surging, with the valuation of a barrel of Brent dangerously approaching the $100 mark, reaching over $98. The American benchmark, WTI crude, is climbing above $93. The main driver […] - [Chart of the Day: Wheat rebounds 3% after pulling back from multi-year highs](https://todaymarkets.com/chart-of-the-day-wheat-rebounds-3-after-pulling-back-from-multi-year-highs/): Chicago wheat futures (WHEAT) are up more than 3% today as investors price in a more persistent reduction in supply amid the ongoing war between Ukraine and Russia, with both sides targeting exports and disrupting key logistics routes. WHEAT chart (D1 interval) Over the past several sessions, selling pressure in wheat was visible across all […] - [Hungarian Forint: Inflation surprise and HUF dynamics – ING](https://todaymarkets.com/hungarian-forint-inflation-surprise-and-huf-dynamics-ing/): ING’s Frantisek Taborsky highlights that Hungarian inflation rebounded to 1.3% in August but stayed below expectations and the NBH’s forecast, with price growth seen remaining under target this year. Markets are focused on a potential pause in rate cuts and a lower inflation target ahead of Euro adoption, while EUR/HUF could move back above 364 […] - [Equities: Tech leadership with Astra boost – Danske Bank](https://todaymarkets.com/equities-tech-leadership-with-astra-boost-danske-bank/): Danske Bank notes European equities were broadly flat on Monday, with the Stoxx 600 unchanged and OMX Nordic slightly higher, while Asian markets rallied in thin trading as US markets were closed for Labor Day. The bank highlights strong performance in technology, particularly semi-conductors and AI-linked hardware, while rising bond yields weighed on real estate […] - [Euro: Range-bound risks against US Dollar with ECB focus – OCBC](https://todaymarkets.com/euro-range-bound-risks-against-us-dollar-with-ecb-focus-ocbc/): OCBC’s Christopher Wong notes EUR/USD is holding near 1.16 as a softer US Dollar (USD) and firmer Euro-area data offset higher Oil prices. Strong expectations for a 25bp European Central Bank (ECB) hike and improving Euro-area sentiment are seen limiting Euro downside in the near term, though elevated Oil and political uncertainty in Germany keep […] - [Japanese Yen: Strengthens against US Dollar on BoJ outlook - MUFG](https://todaymarkets.com/japanese-yen-strengthens-against-us-dollar-on-boj-outlook-mufg/): MUFG’s Michael Wan notes the Japanese Yen has strengthened below 154 against the US Dollar (USD), its firmest level since February, as markets price faster Bank of Japan tightening. A 25 bps hike at the 18 September Bank of Japan (BoJ) meeting is seen largely priced, with focus shifting to future rate guidance. Wan projects […] - [Oil Nears $100 per Barrel, USD/JPY Tumbles Again.](https://todaymarkets.com/oil-nears-100-per-barrel-usd-jpy-tumbles-again/): USDJPY and OIL charts, D1 interval The pair recently plunged below its 200-day EMA (red line), moving into a downtrend. Following yesterday’s decline, we are seeing another downward impulse of a similar magnitude today. However, the candle’s long lower wick suggests that USDJPY may have reacted to support in the 152–153 area, where price action […] - [Palm Oil Holds Gains Around MYR 5,000](https://todaymarkets.com/palm-oil-holds-gains-around-myr-5000/): Malaysian palm oil futures extended their upward momentum, hovering around MYR?5,000 per tonne as a weaker ringgit and stronger edible oil prices in Dalian and Chicago lent support. Crude oil’s rally, driven by fears of prolonged Middle East conflict and supply risks, added further momentum. At the same time, an unusually severe El?Niño has deepened […] - [Silver Price - XAG/USD jumps to near $37 amid drop in US Dollar, bond yields](https://todaymarkets.com/silver-price-xag-usd-jumps-to-near-37-amid-drop-in-us-dollar-bond-yields/): Silver price (XAG/USD) is up 1.25% to near $67.00 during the Asian trading session on Tuesday. The white metal strengthens as the US Dollar (USD) and United States (US) Treasury Yields come under pressure, with investors shifting their focus to the Consumer Price Index (CPI) data of August scheduled for Friday. As of writing, the […] - [Gold benefits from weak USD; eyes $4,450 as focus remains on US CPI data](https://todaymarkets.com/gold-benefits-from-weak-usd-eyes-4450-as-focus-remains-on-us-cpi-data/): Gold (XAU/USD) attracts some buyers during the Asian session on Tuesday, snapping a two-day losing streak as the recent US Dollar (USD) pullback from a three-week high gains momentum amid the rallying Japanese Yen (JPY). However, hawkish US Federal Reserve (Fed) expectations, along with persistent geopolitical uncertainties, offer some support to the safe-haven buck and cap the non-yielding […] - [The State of "Memory Stocks"](https://todaymarkets.com/the-state-of-memory-stocks/): Infrastructure development takes place in cycles. This is because large-scale projects require certain conditions and justifications, such as funding or synergies with the rest of the economy – and these justifications arise cyclically. This rule applies to roads, railways, schools and hospitals, but also to IT infrastructure, including AI. Whilst the timeframes, scale and resources […] - [Copper is breaking ATH. What does KGHM have to say about this.](https://todaymarkets.com/copper-is-breaking-ath-what-does-kghm-have-to-say-about-this/): Copper prices have soared to record highs, breaking through the US$14,530 per tonne barrier on the London Metal Exchange (LME). Despite disappointing data from China – which traditionally drives demand for industrial metals – the market is experiencing an unprecedented short squeeze and a supply panic. Against the backdrop of a global scramble for physical […] - [Copper Moves Toward Record High](https://todaymarkets.com/copper-moves-toward-record-high/): Copper futures climbed to around $6.7 per pound on Tuesday, nearing fresh record highs as expectations of new US import tariffs on the metal continued to encourage traders to redirect shipments toward US warehouses, tightening supplies elsewhere. The persistent premium on copper futures traded on New York’s Comex continued to create arbitrage opportunities, even as […] - [Iran's warns economic warfare will be met by maritime exclusion zone](https://todaymarkets.com/irans-warns-economic-warfare-will-be-met-by-maritime-exclusion-zone/): Secretary of Iran’s Supreme National Security Council, Mohsen Rezaei, warned on Tuesday that Tehran would respond to what it calls US “economic warfare” by imposing a maritime exclusion zone across the Persian Gulf. “Economic warfare will be met by a maritime exclusion zone across the Persian Gulf to the blockade perimeter,” said Rezaei, adding the […] - [US Dollar Index (DXY) struggles below 99.00, two-week low as traders eye US inflation data](https://todaymarkets.com/us-dollar-index-dxy-struggles-below-99-00-two-week-low-as-traders-eye-us-inflation-data/): The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, remains under some selling pressure for the second straight day and drops to an over two-week low during the Asian session on Tuesday. The index currently trades around the 98.80 region, down 0.10% for the day, though it manages to hold […] - [WTI slips below $90.50 despite rising Middle East supply risks](https://todaymarkets.com/wti-slips-below-90-50-despite-rising-middle-east-supply-risks/): West Texas Intermediate (WTI) oil price edges lower and is trading around $90.40 per barrel during Asian hours on Tuesday. However, crude oil prices may regain ground as Iran vowed to strike energy infrastructure across the Middle East in response to further United States (US) attacks on its assets, marking the latest escalation in a […] - [European Gas Climbs Amid Supply Concerns](https://todaymarkets.com/european-gas-climbs-amid-supply-concerns/): European natural gas prices rose to €73.7/MWh on Tuesday, hovering at their highest level in more than three and a half years, as LNG supply from the Persian Gulf remained severely disrupted amid heightened US-Iran tensions. The escalation in fighting between the two nations underscored the difficulty of reaching a resolution to the conflict that […] - [Wheat Futures Rise as US Peace Efforts Falter](https://todaymarkets.com/wheat-futures-rise-as-us-peace-efforts-falter/): Wheat futures rose above $7.30 per bushel, rebounding from losses on September 4, as Washington’s renewed push to end the Russia-Ukraine war failed to deliver a meaningful breakthrough toward restoring Ukrainian and Russian grain exports. Over the weekend, US representatives met with Russian President Vladimir Putin in Moscow and Ukrainian President Volodymyr Zelenskyy in Kyiv. […] - [Chancellor keeps Budget under wraps, as he promotes growth, growth, growth](https://todaymarkets.com/chancellor-keeps-budget-under-wraps-as-he-promotes-growth-growth-growth/): John Healey’s first speech as Chancellor has had a minimal effect on UK Gilt markets. The 2-year yield is up less than 2 basis points this morning, and the 10-year Gilt yield is up by 1bp, in line with the movement in yields elsewhere. Sterling is also up a notch, but overall, the new Chancellor […] - [Chart of the Day - USD/JPY lowest since February – what stands behind the decline?](https://todaymarkets.com/chart-of-the-day-usd-jpy-lowest-since-february-what-stands-behind-the-decline/): The yen continues its appreciation, which began on September 2. On a weekly basis, the Japanese currency has strengthened against the US dollar by over 3%. Figure 1: G10 Currency Performance (31.08.2026 – 07.09.2026) Source: XTB Research, 07.09.2026 Shift in Fundamentals? There are many indications that the move was not the result of direct market […] - [British Pound: BoE repricing risk weighs on Sterling – BBH](https://todaymarkets.com/british-pound-boe-repricing-risk-weighs-on-sterling-bbh/): Brown Brothers Harriman’s (BBH) Elias Haddad argues that United Kingdom (UK) July Gross Domestic Product (GDP), expected flat month-on-month, is unlikely to alter Bank of England (BoE) expectations. The swaps curve implies 75 bps of tightening to 4.50%, which Haddad deems too aggressive, warning this leaves British Pound (GBP) exposed to a dovish BoE repricing given the […] - [US Dollar: Strong payrolls fail to sustain Dollar gains – MUFG](https://todaymarkets.com/us-dollar-strong-payrolls-fail-to-sustain-dollar-gains-mufg/): MUFG’s Lloyd Chan notes the Dollar strengthened after a stronger-than-expected August US jobs report, with Nonfarm Payrolls and labour participation surprising to the upside while wage growth eased. Markets now price a significant chance of further Federal Reserve tightening by December, but DXY remains little changed since Fed Chair Warsh’s Jackson Hole speech, suggesting investors are not […] - [Oil: Prices climb on supply risks – UOB](https://todaymarkets.com/oil-prices-climb-on-supply-risks-uob/): According to UOB strategists Oil prices extended gains, with Brent crude settling above $96 and posting a strong weekly rise as disruptions to Middle East supply routes and renewed geopolitical tensions supported energy markets. Brent and WTI futures advanced further, with weekly gains approaching 8% and 10% respectively, while markets watch developments in the Strait […] - [Euro: Support at 180 eyed against Yen on BoJ risk – DBS](https://todaymarkets.com/euro-support-at-180-eyed-against-yen-on-boj-risk-dbs/): DBS strategist Philip Wee argues that downside risk in EUR/JPY is less straightforward than in CHF/JPY. He notes that Euro (EUR) strength versus the Swiss Franc (CHF) and British Pound (GBP), and an anti-USD trade, support the Euro as markets price in rate hikes from both the European Central Bank (ECB) and Bank of Japan (BoJ). However, he warns […] - [Economic Calendar: ECB decision, Oracle results, and US inflation - what to expect?](https://todaymarkets.com/economic-calendar-ecb-decision-oracle-results-and-us-inflation-what-to-expect/): This week will be dominated primarily by Friday’s release of US inflation data for August. For many FOMC policymakers, these figures could ultimately tip the balance towards either a pause or an interest rate hike at next week’s meeting. CPI Inflation (Friday, 11.09) In this context, it is worth recalling the words of Christopher Waller, […] - [The Week Ahead](https://todaymarkets.com/the-week-ahead-4/): Key takeaways The Week Ahead: US CPI to determine whether the Fed pulls the trigger this month Markets are quiet at the start of a new week. The euro is mostly stable, even though the AfD, a far right party in Germany, won the state elections in Saxony-Anhalt on Sunday. This is the first time […] - [Equities: Labour data weighs on stocks – Danske Bank](https://todaymarkets.com/equities-labour-data-weighs-on-stocks-danske-bank/): Danske Research notes that a strong US labour market report increased expectations of a more hawkish Federal Reserve, pressuring global equities. The S&P 500 declined while the Stoxx 600 posted a small gain, with cyclicals outperforming and rate-sensitive sectors underperforming. The team highlights that, despite Friday’s weakness, it was broadly a cyclical week, with Financials, […] - [CEE FX: Hawkish pricing versus dovish banks – ING](https://todaymarkets.com/cee-fx-hawkish-pricing-versus-dovish-banks-ing/): ING’s Frantisek Taborsky highlights a busy CEE data and policy calendar, with Hungary’s inflation seen edging up, the National Bank of Poland and Central Bank of Turkey expected on hold, and Romania’s inflation falling sharply on base effects. He argues markets overprice tightening in Czech Republic and Poland, seeing scope for narrower rate differentials and […] - [US Dollar: Volatility risks around Fed decision – Commerzbank](https://todaymarkets.com/us-dollar-volatility-risks-around-fed-decision-commerzbank/): Commerzbank’s Thu Lan Nguyen notes that the latest US labour market report does not materially alter expectations for a September Fed rate move, leaving August US inflation as the key driver. Market pricing of roughly a 60% probability for a hike suggests divided positioning, with potential for significant USD volatility around the Fed meeting depending on how […] - [Oil: Tanker risks support prices – ING](https://todaymarkets.com/oil-tanker-risks-support-prices-ing/): ING analysts Warren Patterson and Ewa Manthey note that Oil remains supported as tensions between the US and Iran escalate in the Persian Gulf. They highlight continued flows through the Strait of Hormuz, aided by US Navy escorts, and unchanged OPEC+ quotas. Speculative net longs in ICE Brent have risen, while disruptions mean many producers […] - [Euro: Range holds before key data against US Dollar – Danske Bank](https://todaymarkets.com/euro-range-holds-before-key-data-against-us-dollar-danske-bank/): Danske Research Team reports EUR/USD trading in a narrow 1.1610–1.1620 range after quickly reversing losses from a stronger US jobs report. They highlight a thin data calendar with United States (US) markets closed, and note that attention will shift to the upcoming European Central Bank (ECB) meeting, where a rate hike is widely expected, and […] - [Iron Ore Hits 5-Week High](https://todaymarkets.com/iron-ore-hits-5-week-high/): Iron ore futures rose toward CNY 740 per ton, approaching five-week highs as elevated freight costs and expectations of pre-holiday restocking in top consumer China supported prices. Shipping costs remained elevated amid strong energy prices as the US and Iran exchanged strikes in the Middle East over the weekend, keeping supply risks high. Investors also […] - [Palm Oil Holds Gains Ahead of Monthly Data](https://todaymarkets.com/palm-oil-holds-gains-ahead-of-monthly-data/): Malaysian palm oil futures hovered above MYR 4,950 per tonne, extending recent gains as firmer edible oil prices on Dalian markets and higher crude oil prices lifted sentiment amid heightened concerns over a prolonged supply disruption from the Middle East. Rising El Niño risks added a bullish factor, with drier conditions threatening Southeast Asian production. […] - [Copper Eases on Fed Rate Hike Concerns](https://todaymarkets.com/copper-eases-on-fed-rate-hike-concerns/): Copper futures slipped to around $6.55 per pound on Monday, ending a two-day rally as stronger-than-expected US jobs data strengthened expectations for a Federal Reserve rate hike this month, weighing on the demand outlook for industrial metals. Investors also assessed rising inflation risks after oil prices extended their gains as the US and Iran exchanged […] - [Bitcoin, Ethereum, Ripple – BTC consolidates near recent highs, ETH and XRP defend key bullish supports](https://todaymarkets.com/bitcoin-ethereum-ripple-btc-consolidates-near-recent-highs-eth-and-xrp-defend-key-bullish-supports/): Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) maintain a constructive outlook on Monday after gaining more than 3.4%, 4% and 4.8%, respectively, last week. BTC holds steady near $80,000 while ETH and XRP show resilience and defend key support zones. The price action of these top three cryptocurrencies suggests consolidation or a mild pullback before an upside move. Bitcoin consolidates near […] - [XAG/USD holds losses near $66.00 due to Fed rate hike bets](https://todaymarkets.com/xag-usd-holds-losses-near-66-00-due-to-fed-rate-hike-bets/): Silver price (XAG/USD) inches higher after opening at a bearish gap, remaining in negative territory and trading around $66.10 per troy ounce during Asian hours on Monday. Silver prices remain under pressure as stronger-than-expected United States (US) employment data fuels expectations of an imminent Federal Reserve interest rate hike. According to the US Bureau of Labor Statistics, August Nonfarm […] - [XAU/USD falls below $4,400 as strong US jobs data raise the prospects for Fed rate hike](https://todaymarkets.com/xau-usd-falls-below-4400-as-strong-us-jobs-data-raise-the-prospects-for-fed-rate-hike/): Gold price (XAU/USD) tumbles to near $4,395 during the early Asian session on Monday. The precious metal extends the decline as robust US employment data boost US Federal Reserve (Fed) rate hike bets.  The US Nonfarm Payrolls (NFP) climbed by 162K in August, the US Bureau of Labor Statistics (BLS) revealed on Friday. This figure followed July’s […] - [WTI rises to near $90.00 on escalating US-Iran conflict](https://todaymarkets.com/wti-rises-to-near-90-00-on-escalating-us-iran-conflict/): West Texas Intermediate (WTI) gains ground after registering losses in the previous trading day, hovering around $90.00 per barrel during Asian hours on Monday. Crude oil prices climb following a fresh escalation of military strikes between the United States (US) and Iran, raising widespread fears of prolonged disruptions to Middle Eastern energy supplies. The conflict […] - [Oil Rises as US and Iran Exchange Fire](https://todaymarkets.com/oil-rises-as-us-and-iran-exchange-fire/): Crude oil rose toward $92 per barrel on Monday, extending last week’s gains as the US and Iran exchanged strikes in the Middle East, fueling concerns over prolonged disruptions to energy flows from the region. The US targeted three Iranian oil tankers over the weekend in retaliation for ballistic missile attacks on US Navy warships. […] - [European Gas Jumps as US-Iran Conflict Escalates](https://todaymarkets.com/european-gas-jumps-as-us-iran-conflict-escalates/): European natural gas prices jumped 4% to above €74/MWh on Monday, their highest level in more than three and a half years, amid escalating US-Iran tensions that could further disrupt energy supplies from the Persian Gulf. Iran said it had targeted oil tankers and several US-linked vessels and plans to establish a restricted maritime zone […] - [Heating Oil Hovers Near Record Highs](https://todaymarkets.com/heating-oil-hovers-near-record-highs/): US heating oil prices hovered near $4.60 per gallon, remaining close to the record high of $4.73 touched on September 2 and about 98% higher than a year earlier amid concerns over increasingly tight supplies. EIA data showed that distillate fuel stocks rose by 796 thousand barrels in the week ended August 28 but remained […] - [Three Markets to Watch Next Week](https://todaymarkets.com/three-markets-to-watch-next-week-5/): The past week brought a major surprise to the markets in the form of the US labour market report (NFP). An increase in employment of 162,000 jobs (against a forecast of just 55,000) drastically altered expectations regarding the outlook for interest rates in the US. This turn of events strengthened the dollar and put immediate […] - [Lululemon Under Fire: Burry Bets on the Fallen Giant, but the Market Says “No”](https://todaymarkets.com/lululemon-under-fire-burry-bets-on-the-fallen-giant-but-the-market-says-no/): Key takeaways Lululemon Athletica (LULU) shares fell nearly 20% on Friday, hitting their lowest level in eight years, after the Canadian athletic apparel maker cut its annual forecast for the second time this year and reported its first-ever simultaneous decline in comparable sales across all key markets. The company, which just two years ago was […] - [Daily Summary: "Heat" of the NFP Print Cools Market Sentiment](https://todaymarkets.com/daily-summary-heat-of-the-nfp-print-cools-market-sentiment/): • NFP report as the main driver of market volatility. The U.S. economy created 162,000 nonfarm payroll jobs in August, tripling the market consensus of approximately 55,000. The unemployment rate held steady at 4.1%, while average hourly earnings rose 0.3% month over month. The surprisingly strong data pushed the probability of a Fed rate hike […] - [Malaysian Ringgit: BNM hawkish tilt supports MYR – Commerzbank](https://todaymarkets.com/malaysian-ringgit-bnm-hawkish-tilt-supports-myr-commerzbank/): Commerzbank highlights that Bank Negara Malaysia kept the OPR at 2.75% but shifted to a more hawkish bias, removing language that policy is “appropriate” and signalling vigilance on cost pressures. Strong growth and benign inflation allow patience, yet the bank appears to prepare markets for a possible hike later this year or early 2027, with […] - [Indonesian Rupiah: Two-way risks around support levels – OCBC](https://todaymarkets.com/indonesian-rupiah-two-way-risks-around-support-levels-ocbc/): OCBC’s Christopher Wong notes that USD/IDR has pulled back as a softer Dollar and lower UST yields support the Indonesian Rupiah. He highlights Bank Indonesia Governor Destry Damayanti’s emphasis on a stability-first approach, prioritizing Rupiah and macro stability while still supporting growth. Wong sees near-term support for IDR but flags elevated Oil prices and high global yields […] - [Chinese Yuan: Services PMI rebound keeps PBoC cautious – Commerzbank](https://todaymarkets.com/chinese-yuan-services-pmi-rebound-keeps-pboc-cautious-commerzbank/): Commerzbank says China’s August Services PMI rebound highlights some resilience in private-sector activity, but weak retail sales, soft inflation and higher unemployment still point to fragile domestic demand. The stronger PMI reduces the urgency for immediate PBoC easing, while leaving room for further support if growth weakens into year-end. Fragile demand keeps PBoC easing options […] - [Malaysia: Hawkish pause keeps options open – DBS](https://todaymarkets.com/malaysia-hawkish-pause-keeps-options-open-dbs/): DBS Group Research economist Chua Han Teng notes that Bank Negara Malaysia (BNM) held the Overnight Policy Rate at 2.75% while dropping language that the current level is appropriate. DBS expects rates to remain unchanged through 2026 but sees risks tilted towards a one-off policy normalisation. BNM holds but signals flexibility “Bank Negara Malaysia (BNM) maintained its […] - [Indian Rupee: Dollar inflows support INR but impulse may fade – OCBC](https://todaymarkets.com/indian-rupee-dollar-inflows-support-inr-but-impulse-may-fade-ocbc/): OCBC’s Christopher Wong notes that strong foreign-currency inflows linked to the RBI’s special measures have bolstered the Indian Rupee (INR) and strengthened the central bank’s FX buffer. However, with the FCNR(B) window now closed, the exceptional near-term dollar supply is expected to fade, potentially leading to more two-way RBI management. Wong adds that USD/INR remains under bearish […] - [Eurozone: Inflation above target into 2027 – Nordea](https://todaymarkets.com/eurozone-inflation-above-target-into-2027-nordea/): Nordea expects Eurozone inflation dynamics to stay persistent, with headline inflation projected above the ECB’s target at least until spring 2027. They see recent data as slightly weaker than the ECB’s June projections, partly due to soft food prices, but anticipate only modest downward revisions. Core inflation is projected to remain above 2% through 2028, supporting further […] - [Week Ahead - Sep 7th](https://todaymarkets.com/week-ahead-sep-7th/): Signs of tanker traffic through the Persian Gulf will be monitored after the outbreak of strikes between Iran and the US, prolonging the shock to energy supply from the region. The US will publish consumer and producer inflation rates, the last major releases before the Federal Reserve’s September decision. Other key data includes Michigan consumer […] - [Gasoline Extends Gains](https://todaymarkets.com/gasoline-extends-gains-2/): US gasoline futures rose above $3.15 a gallon, extending gains for a second session amid tightening fuel supply. Elevated tensions between the US and Iran remain an upward pressure, threatening further constraints to production and supply. Adding to the pressure, persistent attacks from Ukraine in Russian refineries pushed runs to multi-year lows. Meanwhile, EIA data […] - [Crude Oil Posts Strongest Weekly Gain Since July](https://todaymarkets.com/crude-oil-posts-strongest-weekly-gain-since-july/): Crude oil traded around $91.2 a barrel on Friday and was up more than 9% for the week, marking its strongest weekly performance since mid-July, as the war in the Middle East continued with little prospects of peace. Iran and the US exchanged missile strikes this week, while Israel’s defense minister threatened “crippling” attacks on […] - [Crude Oil Prices Push Higher Ahead of Holiday Weekend](https://todaymarkets.com/crude-oil-prices-push-higher-ahead-of-holiday-weekend/): October WTI crude oil (CLV26) closed up +0.18 (+0.20%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0797 (+2.54%). Crude oil and gasoline prices recovered from early losses and settled higher on Friday.  Pre-weekend short covering lifted crude prices on Friday ahead of the three-day US Labor Day holiday weekend.  Crude oil initially moved […] - [Nat-Gas Prices Gain on Hotter US Weather Forecasts](https://todaymarkets.com/nat-gas-prices-gain-on-hotter-us-weather-forecasts/): October Nymex natural gas (NGV26) on Friday closed up +0.062 (+2.13%). Nat-gas prices settled higher on Friday but remained below Thursday’s 1.75-month nearest-futures high.  Nat-gas prices rose on Friday as US weather forecasts shifted to hotter for mid-September, potentially boosting nat-gas demand from electricity providers as air-conditioning use increases. According to weather forecaster Vaisala, forecasts shifted […] - [Coffee Prices Consolidate Above Thursday’s Lows](https://todaymarkets.com/coffee-prices-consolidate-above-thursdays-lows/): December arabica coffee (KCZ26) closed up +0.25 (+0.08%) on Friday, and November ICE robusta coffee (RMX26) closed up +56 (+1.66%). Coffee prices settled higher on Friday, consolidating this week’s losses.  On Thursday, arabica coffee dropped to a 1-month low and robusta fell to a 3-month low.  Coffee prices have sold off sharply over the past […] - [Cocoa Prices Settle Higher on Pre-Weekend Short Covering](https://todaymarkets.com/cocoa-prices-settle-higher-on-pre-weekend-short-covering/): December ICE NY cocoa (CCZ26) closed up +14 (+0.23%) on Friday, and December ICE London cocoa #7 (CAZ26) closed up +4 (+0.09%). Cocoa prices posted modest gains on Friday on some pre-weekend short covering as prices consolidated above Thursday’s 1-week lows.  On Thursday, cocoa prices fell to 1-week lows amid signs of sufficient short-term cocoa […] - [Sugar Prices Pressured as Supply Risks Ease](https://todaymarkets.com/sugar-prices-pressured-as-supply-risks-ease/): October NY world sugar #11 (SBV26) closed unchanged on Friday, and October London ICE white sugar #5 (SWV26) closed down -3.50 (-0.66%). Sugar prices settled mixed on Friday and have been under pressure the last two sessions amid speculation that India will import less sugar than initially expected.  This week, the Indian government reduced the […] - [Cotton Eased Lower into Labor Day Weekend](https://todaymarkets.com/cotton-eased-lower-into-labor-day-weekend/): Cotton futures posted front month losses of 12 to 94 points and deferreds up 2 to 68 points, as December fell 505 points on the week.  Crude oil was down 8 cents per barrel on the day, with the US dollar index up $0.240. The market will be closed on Monday for Labor Day. CFTC […] - [Cattle Face Some Pressure Ahead of the Long Weekend](https://todaymarkets.com/cattle-face-some-pressure-ahead-of-the-long-weekend/): Live cattle futures posted losses of 52 cents to $1.40 on Friday, though October held up $1.22 for the week. Cash trade saw light action this week with sales ranging from 218-220, with a few up to $222. Feeder cattle futures saw mixed trade, with contracts down $1.02 to 85 cents higher. September was up […] - [Wheat Bulls Take Money Off the Table Ahead of the Holiday Weekend](https://todaymarkets.com/wheat-bulls-take-money-off-the-table-ahead-of-the-holiday-weekend/): The wheat complex is showing money flow come out ahead of the long weekend, the three exchanges facing pressure. Chicago SRW contracts were down 20 to 21 ½ cents on Friday, with December dropping back 50 cents this week.  KC HRW futures were 11 ¾ to 15 cents lower at the close, with December slipping […] - [Soybeans Correct Lower into the Long Weekend](https://todaymarkets.com/soybeans-correct-lower-into-the-long-weekend/): Soybeans posted Friday losses of 6 ½ to 12 ½ cents, as November saw a 21 ¾ cent gain on the week. The cmdtyView national average Cash Bean price was down 6 1/4 cents at $12.51 3/4. Soymeal futures were mixed as contracts were down $1.90 to 20 cents higher on the Friday session, with October up $5.70 this […] - [Corn Bulls Take Money Off the Table Ahead of the Three-Day Weekend](https://todaymarkets.com/corn-bulls-take-money-off-the-table-ahead-of-the-three-day-weekend/): Corn futures slipped lower ahead of the long weekend, with contracts fractionally to 4 cents in the red, as December was just a tick higher over the course of the week. Money flow out ahead of the holiday weekend was likely a factor. The CmdtyView national average Cash Corn price was down 4 cents at $4.91 1/2. […] - [Trade of The Day - USD/ZAR](https://todaymarkets.com/trade-of-the-day-usd-zar/): Facts Recommendation Figure 1: USDZAR (04.01.2025 – 04.09.2026) Source: xStation, 04.09.2026 (3:22 PM) Opinion Over the last month, the South African rand has strengthened against the US dollar by over 2.5%. The reasons for this movement can be found in two key factors: rising gold prices and an increase in bets for interest rate hikes […] - [Gold drops sharply following strong NFP](https://todaymarkets.com/gold-drops-sharply-following-strong-nfp/): Highest employment growth since March renews expectations for a Fed rate hike in September The price of gold dropped by about $80 per ounce to levels below $4,400 per ounce in the initial reaction following strong NFP data. The better-than-expected reading triggered an immediate strengthening of the US dollar and a rise in US Treasury […] - [NFP with a massive upside; EURUSD dips](https://todaymarkets.com/nfp-with-a-massive-upside-eurusd-dips/): US Change in Nonfarm Payrolls Aug: 162K (est 55K; prev -23K, prevR 21K) – Unemployment Rate: 4.1% (est 4.1%; prev 4.1%) – Avg Hourly Earnings (M/M): 0.3% (est 0.3%; prev 0.1%) – Avg Hourly Earnings (Y/Y): 3.1% (est 3.1%; prev 3.2%) US stocks and bonds declined after a remarkably strong August jobs report fueled speculation […] - [Gold: Rebound on softer Fed expectations – OCBC](https://todaymarkets.com/gold-rebound-on-softer-fed-expectations-ocbc/): OCBC’s Christopher Wong reports Gold rebounded over 2% towards 4510 as Waller’s comments led markets to pare September Fed hike expectations, lowering UST yields and the Dollar. Wong remains constructive but notes near-term direction will hinge on Fed repricing, with upcoming payrolls, Consumer Price Index (CPI) and Producer Price Index (PPI) key. Geopolitical tensions are marginally supportive, […] - [Chart of The Day - EUR/USD Ahead of NFP. The Fed Caught Between Warsh and Waller](https://todaymarkets.com/chart-of-the-day-eur-usd-ahead-of-nfp-the-fed-caught-between-warsh-and-waller/): Friday’s EURUSD session is dominated by expectations ahead of the most important release of the week, the NFP report. Over the past few days, the outlook for US monetary policy has become significantly more complicated. Kevin Warsh sounded particularly hawkish during the Jackson Hole symposium, arguing that inflation remains too high and that the Fed […] - [Iron Ore Set for Second Weekly Gain](https://todaymarkets.com/iron-ore-set-for-second-weekly-gain/): Iron ore futures climbed toward CNY 730 per ton and were on track for a second consecutive weekly gain, supported by elevated ocean freight costs and expectations of pre-holiday restocking in top buyer China. Poor weather in the Pacific, higher oil prices, and increased transshipment volumes from Guinea have pushed up freight costs, providing support […] - [US Employment Expected to Bounce Back](https://todaymarkets.com/us-employment-expected-to-bounce-back/): The US economy is expected to have added 56K jobs in August 2026, marking a modest rebound after a surprising decline of 23K in July. The private sector is forecast to have accounted for 45K of those gains. Local government education employment is expected to recover and a rebound is also anticipated in the leisure […] - [Indian Rupee: RBI inflows and reduced tail risks – MUFG](https://todaymarkets.com/indian-rupee-rbi-inflows-and-reduced-tail-risks-mufg/): MUFG’s Michael Wan notes strong Indian Rupee (INR) outperformance driven by larger-than-expected US Dollar (USD) inflows from Reserve Bank of India’s (RBI) FCNR(B) measures, which now exceed US$130bn. Wan still expects USD/INR to trend higher over time but argues that RBI’s FX measures have reduced left-tail depreciation risks. MUFG also sees scope for higher Indian rates given […] - [US Dollar: Fed outlook stays data-dependent after Waller – Danske Bank](https://todaymarkets.com/us-dollar-fed-outlook-stays-data-dependent-after-waller-danske-bank/): Danske Research Team highlights that Fed Governor Waller is inclined to keep rates unchanged in September if August inflation shows further progress, but would consider a hike if inflation comes in hot. His remarks pushed September hike pricing closer to a 50/50 call and weighed slightly on the Dollar, while strong ISM services data and the upcoming […] - [Oil: Elevated prices face fragile support – ING](https://todaymarkets.com/oil-elevated-prices-face-fragile-support-ing/): ING analysts Warren Patterson and Ewa Manthey note that Oil prices, including ICE Brent above US$95/bbl, remain supported by heightened US-Iran tensions and robust Iraqi exports routed via the Strait of Hormuz. However, they highlight that if Hormuz flows remain uninterrupted and Saudi Arabia’s unchanged official selling prices signal looser fundamentals, upward pressure on Oil […] - [Economic Calendar - Key NFP Report Takes Center Stage](https://todaymarkets.com/economic-calendar-key-nfp-report-takes-center-stage/): Global equity and bond markets are eagerly awaiting the week’s main event – the publication of the U.S. non-farm payrolls (NFP) report for August. Yesterday’s session on Wall Street ended in positive territory following dovish comments from Federal Reserve Board Governor Christopher Waller, who signaled a readiness to hold or cut interest rates if incoming […] - [Japanese Yen: Policy signals support JPY against US Dollar - Commerzbank](https://todaymarkets.com/japanese-yen-policy-signals-support-jpy-against-us-dollar-commerzbank/): Commerzbank’s Thu Lan Nguyen argues that recent interventions by Japanese authorities and the US Treasury have largely lost impact, with the Japanese Yen giving back gains against the Dollar and US yields returning to prior levels. She highlights unclear policy objectives and credibility issues, noting that fiscal concerns remain a headwind for the US Dollar […] - [WTI Bulls await acceptance above $90.00 and 61.8% Fibo. amid Iran risks](https://todaymarkets.com/wti-bulls-await-acceptance-above-90-00-and-61-8-fibo-amid-iran-risks/): West Texas Intermediate (WTI) – the benchmark US Crude Oil price – trades below the $90.00 mark during the Asian session on Friday and remains close to its highest level since July 24, touched earlier this week. The commodity remains on track to register its steepest weekly gains since mid-July amid renewed US-Iran hostilities and supply […] - [Can NFP Confirm Waller’s Dovish Turn?](https://todaymarkets.com/can-nfp-confirm-wallers-dovish-turn/): 📈 Stock Market 🏛️ Macroeconomics and Monetary Policy 🕊️ Geopolitics 👑 Commodities and Precious Metals 🪙 Cryptoassets - [XAU/USD consolidates below $4,500 as bulls look to US NFP for Fed rate cues](https://todaymarkets.com/xau-usd-consolidates-below-4500-as-bulls-look-to-us-nfp-for-fed-rate-cues/): Gold (XAU/USD) struggles to capitalize on its strong gains registered over the past two days and consolidates below the $4,500 mark during the Asian session on Friday. The commodity, however, remains close to the weekly high, which it touched the previous day, as traders keenly await the release of the closely watched US monthly employment details. […] - [United States Dollar Index weakens as Fed’s Waller signals rate pause](https://todaymarkets.com/united-states-dollar-index-weakens-as-feds-waller-signals-rate-pause/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground for the third consecutive day and trading around 99.00 during Asian hours on Friday. The Greenback is facing notable downward pressure following comments from Federal Reserve (Fed) Governor Christopher Waller, who indicated a preference for keeping […] - [XAG/USD trades below $67.00 amid mixed setup as US NFP looms](https://todaymarkets.com/xag-usd-trades-below-67-00-amid-mixed-setup-as-us-nfp-looms/): Silver (XAG/USD) edges lower during the Asian session on Friday, snapping a two-day winning streak to the weekly high set the previous day. The white metal, however, lacks bearish conviction and currently trades below the $67.00 mark, down 0.30% for the day, as traders await the release of the closely watched US Nonfarm Payrolls (NFP) report. […] - [US Natural Gas Prices Increase](https://todaymarkets.com/us-natural-gas-prices-increase/): US natural gas futures rose to $2.92 per MMBtu on Friday after sliding 1.5% in the previous session, as investors weighed forecasts for hot weather and improving LNG export activity against ample domestic supplies. Hot weather across the continental US kept cooling demand elevated, supporting gas consumption for power generation. At the same time, average […] - [Cattle Futures Rally](https://todaymarkets.com/cattle-futures-rally/): Live cattle futures were $2.45 to $4.125 higher at the Thursday close. Cash trade has picked up in the north this week at $345-350 dressed, steady on the week, with early live sales at $218. Some bids across the country were picked up at $219-220 on Thursday. The Thursday Fed Cattle Exchange online auction showed […] - [The Outlook for More Global Supply Weighs on Coffee Prices](https://todaymarkets.com/the-outlook-for-more-global-supply-weighs-on-coffee-prices/): December arabica coffee (KCZ26) closed down -2.75 (-0.92%) on Thursday, and November ICE robusta coffee (RMX26) closed down -32 (-0.94%). Coffee prices extended their week-long slide on Thursday, with arabica dropping to a 1-month low and robusta falling to a 3-month low.  Coffee prices have sold off sharply over the past week on the outlook […] - [Cocoa Prices Retreat as Supply Fears Abate](https://todaymarkets.com/cocoa-prices-retreat-as-supply-fears-abate/): December ICE NY cocoa (CCZ26) closed down -99 (-1.58%) on Thursday, and December ICE London cocoa #7 (CAZ26) closed down -65 (-1.42%). Cocoa prices settled lower for a third day on Thursday amid signs of ample cocoa supplies.  On Wednesday, Barry Callebaut AG, the world’s biggest cocoa processor, said the global cocoa market is well […] - [Sugar Prices Fall on Speculation India Will Import Less](https://todaymarkets.com/sugar-prices-fall-on-speculation-india-will-import-less/): October NY world sugar #11 (SBV26) closed down -0.63 (-3.37%) on Thursday, and October London ICE white sugar #5 (SWV26) closed down -12.60 (-2.34%). Sugar prices settled sharply lower on Thursday as speculation that India will import less sugar than initially expected fueled long liquidation in sugar futures.  The Indian government reduced the sugar dealer […] - [Platinum Trades Above $1,800](https://todaymarkets.com/platinum-trades-above-1800/): Platinum futures traded above $1,800 an ounce after climbing from a two-week low, as a weaker US dollar boosted demand for precious metals. The rally followed dovish comments from Federal Reserve Governor Christopher Waller, who said he would favor keeping interest rates unchanged if inflation continues to ease, prompting investors to scale back bets on […] - [European Gas Prices Fall for 2nd Day](https://todaymarkets.com/european-gas-prices-fall-for-2nd-day/): European natural gas prices fell for a second session to around €71.5 per MWh on Friday as investors assessed renewed tensions in the Middle East. The latest flare-up came after a US attack on Iran triggered retaliatory strikes on American bases across the region, sending European gas prices to their highest level in more than […] - [Soybean Futures Hold Above $13](https://todaymarkets.com/soybean-futures-hold-above-13/): Soybean futures held above $13 per bushel, near their highest level since December 2023, as fresh Chinese purchases supported demand despite weak US export sales. China has continued buying US soybeans as part of its commitment to purchase 25 million metric tons annually through 2028. The USDA confirmed a 192,000-ton fresh sale to China for […] - [Palm Oil Subdued, Heads for Second Straight Weekly Loss](https://todaymarkets.com/palm-oil-subdued-heads-for-second-straight-weekly-loss/): Malaysian palm oil futures steadied near MYR 4,900/t after recent declines, as firmer Dalian edible oil prices were offset by softer Chicago soyoils. Meanwhile, crude oil prices strengthened amid renewed U.S.–Iran hostilities, raising supply concerns and supporting sentiment. Rising El Niño risks added a bullish factor, with drier conditions threatening Southeast Asian production. Output in […] - [Copper Holds Gains as Supply Risks Persist](https://todaymarkets.com/copper-holds-gains-as-supply-risks-persist/): Copper futures traded around $6.57 per pound on Friday, holding recent gains as ongoing supply-side challenges continued to support prices. Analysts highlighted a recent export ban from Congo, along with weaker output from major producers Chile and Peru and disruptions linked to El-Nino. Chile’s copper production fell 9.4% year-on-year in July due to severe weather […] - [Corn Holds Near 3-Year High](https://todaymarkets.com/corn-holds-near-3-year-high-2/): Corn futures held above $5.10 per bushel, trading near their highest level in more than three years, as concerns over disruptions to Black Sea grain exports added support ahead of the region’s peak corn export season. The peak export window for Black Sea corn begins in October, raising concerns over global supplies as attacks continue […] - [Euro: ECB succession and data support resilience – BNY](https://todaymarkets.com/euro-ecb-succession-and-data-support-resilience-bny/): BNY’s Geoff Yu notes that Eurozone assets remain supported by steady composite PMI readings and improving signs in German demand, while speculation over ECB leadership succession grows. He highlights Friedrich Merz’s upcoming meeting with ECB officials and questions surrounding Christine Lagarde’s tenure and a possible German candidate for the presidency. Leadership questions meet steady PMIs […] - [Japanese Yen: BoJ meeting to decide JPY path – Commerzbank](https://todaymarkets.com/japanese-yen-boj-meeting-to-decide-jpy-path-commerzbank/): Commerzbank’s Michael Pfister highlights renewed weakness in the Japanese Yen as USD/JPY repeatedly breaks above 160 despite record FX interventions. He argues that expectations for Bank of Japan rate hikes, rather than intervention, now drive the currency, with recent hawkish comments boosting speculation. Pfister warns that failure to deliver a hike at the upcoming BoJ […] - [Wheat Eases From 3-Year Peak](https://todaymarkets.com/wheat-eases-from-3-year-peak/): Wheat fell below $7.30 per bushel, easing from over a three-year high, amid expectations of a peace agreement between Russia and Ukraine. President Putin stated there was a chance of a peace agreement to end the war with Ukraine, which triggered profit taking by traders. The EU also stated it was looking into “all possible […] - [Global Bond Markets: Brazilian Yields Fall as Rate-Cut Bets Rise, While UK and US Yields Remain Elevated](https://todaymarkets.com/global-bond-markets-brazilian-yields-fall-as-rate-cut-bets-rise-while-uk-and-us-yields-remain-elevated/): Today Markets Analysis: Global bond markets remain highly sensitive to inflation, central-bank expectations and energy prices. Brazilian 10-year yields have eased as softer inflation strengthens expectations for further monetary easing, while UK and US government bond yields remain elevated as markets reassess the outlook for inflation and interest rates. Brazilian 10-Year Yield Falls on Rate-Cut […] - [Week Ahead: Oil, Inflation and Central Banks Set the Tone for Global Markets](https://todaymarkets.com/week-ahead-oil-inflation-and-central-banks-set-the-tone-for-global-markets/): Today Markets Analysis: Global markets enter the week of September 14 with investors balancing geopolitical developments, elevated energy prices and a heavy calendar of economic and central-bank events. The possibility of constructive discussions surrounding tanker flows between the Gulf Cooperation Council (GCC) countries and Iran has helped halt the latest surge in oil and natural […] - [Wall Street Breaks Four-Day Losing Streak as Oil and Treasury Yields Ease](https://todaymarkets.com/wall-street-breaks-four-day-losing-streak-as-oil-and-treasury-yields-ease/): Today Markets Analysis: US equities rebounded on Friday, ending a four-session losing streak as crude oil prices and Treasury yields paused their recent advances. The recovery provided some relief to investors after a volatile week dominated by geopolitical tensions, rising energy costs and renewed concerns over inflation and interest rates. The S&P 500 gained 0.9%, […] - [Soybean Oil Holds Range as Biofuel Demand, Chinese Buying and Energy Risks Support Prices](https://todaymarkets.com/soybean-oil-holds-range-as-biofuel-demand-chinese-buying-and-energy-risks-support-prices/): Today Markets Analysis: Soybean oil remains firmly supported by a combination of strong biofuel demand, elevated crude oil prices and renewed Chinese buying of US soybeans. At the same time, the market remains technically trapped within a well-defined range, leaving traders focused on whether buyers can eventually reclaim the 73.5 area or whether sellers regain […] - [Natural Gas Prices Ease as Storage Build Beats Expectations](https://todaymarkets.com/natural-gas-prices-ease-as-storage-build-beats-expectations/): Today Markets Analysis: US natural gas futures edged lower on Friday as a larger-than-expected weekly storage build reinforced concerns over adequate supply, although persistent heat across parts of the United States and strong electricity demand continue to provide underlying support. October Nymex natural gas futures (NGV26) closed 0.003 lower, or 0.11%. The latest developments are […] - [WTI Crude Oil Falls as Demand Concerns Clash with Middle East Supply Risks](https://todaymarkets.com/wti-crude-oil-falls-as-demand-concerns-clash-with-middle-east-supply-risks/): Today Markets Analysis: WTI crude oil prices retreated on Friday following Thursday’s sharp 6.7% rally, as traders weighed deteriorating global demand expectations against mounting concerns over Middle East supply disruptions. October WTI crude oil futures (CLV26) closed $2.43 lower, or 2.37%, while October RBOB gasoline (RBV26) fell 8.60 cents, or 2.53%. For the latest energy-market […] - [Coffee Futures Ease as Record Brazil Exports and Rising Global Supply Weigh on Prices](https://todaymarkets.com/coffee-futures-ease-as-record-brazil-exports-and-rising-global-supply-weigh-on-prices/): December Arabica coffee futures (KCZ26) closed lower on Friday, falling 2.45 points, or 0.85%, while November ICE Robusta coffee (RMX26) declined 29 points, or 0.82%. Arabica prices consolidated just above Thursday’s seven-week low as the market continued to digest evidence of increasing global coffee availability. Brazil remains a key source of bearish pressure, with export […] - [Cocoa Futures Ease as Supply Concerns Offset Crop Risks](https://todaymarkets.com/cocoa-futures-ease-as-supply-concerns-offset-crop-risks/): Cocoa futures finished slightly lower on Friday, with December ICE New York cocoa settling down 1 point at 4,xxx and December ICE London cocoa falling 14 points, or 0.32%. Prices eased after gaining momentum earlier in the week, as improving supply prospects continued to offset concerns surrounding the outlook for the 2026/27 West African crop. […] - [Sugar Prices Fall as Crude Oil Gives Back Some Gains](https://todaymarkets.com/sugar-prices-fall-as-crude-oil-gives-back-some-gains/): October NY world sugar #11 (SBV26) on Friday closed down -0.58 (-3.10%), and October London ICE white sugar #5 (SWV26) closed down -15.20 (-2.82%). Sugar prices moved lower due to Friday’s decline of more than -2% in WTI crude oil prices, which gave back part of Thursday’s +6.7% surge to a 3.5-month high.  Lower crude […] - [Cotton Futures Close Lower as Outside Markets Pressure Prices](https://todaymarkets.com/cotton-futures-close-lower-as-outside-markets-pressure-prices/): Cotton futures closed lower on Friday, with contracts down 14 to 226 points across the board and the front months leading the decline. A weaker tone across outside markets and a broader risk-off approach heading into the weekend weighed on prices. December cotton finished the week 27 points lower. Crude oil fell $2.49 per barrel […] - [Wheat Faces Friday Weakness, as USDA Hikes World Wheat Stocks](https://todaymarkets.com/wheat-faces-friday-weakness-as-usda-hikes-world-wheat-stocks/): The wheat complex faced pressure across the three markets heading into the weekend. Chicago SRW contracts saw 8 ¼ to 16 ¼ cent losses across the board, with December slipping 6 ½ cents on the week. KC HRW futures saw weakness, with contracts 10 to 20 ¼ cents lower, as December was down 8 ¾ […] - [Soybeans Face Friday Pressure as USDA Increases Production](https://todaymarkets.com/soybeans-face-friday-pressure-as-usda-increases-production/): Soybeans fell into the Friday close, with contracts down 21 to 35 ¾ cents across the board, as money came off the table. November was down 13 ¼ cents for the week. The cmdtyView national average Cash Bean price was down 36 cents at $12.38 ½. Soymeal futures were down $1.50 to $4.20 at the close, with October down […] - [Corn Fades Lower into Fridays Close Despite USDA Yield Cut](https://todaymarkets.com/corn-fades-lower-into-fridays-close-despite-usda-yield-cut/): Corn futures closed out the Friday session with contracts 2 ¾ to 5 cents lower, selling the fact on the lower yield number. December was down 6 ½ cents on the week. The CmdtyView national average Cash Corn price was down 3 1/4 cents at $4.84 3/4.  USDA reported a private export sale of 264,000 MT this […] - [Cattle Rally into the Weekend](https://todaymarkets.com/cattle-rally-into-the-weekend/): Live cattle futures closed the Friday session rallying $1.75 to $2.85 into the final bell, as October was $6.72 higher for the week. Cash trade picked up on Friday, with sales noted $1-6 higher at $222-225. The Friday morning Fed Cattle Exchange showed $225 sales on 45 of the 952 head offered, with $223-224 bids […] - [Gold Rebounces Ahead of CPI](https://todaymarkets.com/gold-rebounces-ahead-of-cpi/): Gold market investors await a verdict in the form of the CPI inflation release, which could set the tone for gold just days before the Fed’s interest rate decision. Today’s US CPI inflation reading is likely the most important macro release of this quarter. The Federal Reserve meeting, for which we still have high expectations […] - [Brent Holds Weekly Gain as Hormuz Risks Persist](https://todaymarkets.com/brent-holds-weekly-gain-as-hormuz-risks-persist/): Brent crude slipped below $105 a barrel on Friday but remained almost 9% higher for the week as investors weighed diplomatic efforts to ease tensions around the Strait of Hormuz against continued fighting across the Middle East. Gulf foreign ministers are expected to meet their Iranian counterpart in Oman on Monday as part of efforts […] - [Chart of The Day - Gold at a Crossroads: Bull or Bear Market?](https://todaymarkets.com/chart-of-the-day-gold-at-a-crossroads-bull-or-bear-market/): Higher-than-expected U.S. CPI data for August, due today at 14:30, could trigger volatility in gold and the broader metals market. Precious metals may therefore remain in focus both before and after this key U.S. macroeconomic release. Gold has already rebounded twice from the $4,300 area in recent weeks, and a return above the 200-period EMA […] - [Swedish Krona: Higher Oil and ECB stance pressure currency – Danske Bank](https://todaymarkets.com/swedish-krona-higher-oil-and-ecb-stance-pressure-currency-danske-bank/): Danske Research Team explains that Sweden’s July Gross Domestic Product (GDP) indicator was weak, but underlying domestic activity appears stronger, with solid services and consumption data. Despite this, a weak Swedish Krona, high Oil prices and the rate spread versus the European Central Bank (ECB) mean they still expect clear guidance for a hike this […] - [US Dollar: CPI outcome to steer rate expectations – MUFG](https://todaymarkets.com/us-dollar-cpi-outcome-to-steer-rate-expectations-mufg/): MUFG’s Lee Hardman highlights that the stronger United States (US) Producer Price Index (PPI) data has reinforced expectations for a Federal Reserve (Fed) rate hike, with around 18 bps now priced for next week’s FOMC meeting. He notes that today’s US Consumer Price Index (CPI), especially core CPI at a forecast 0.2% M/M, will be crucial for […] - [Australian Dollar: Fresh downside momentum targets 0.7120 against US Dollar – UOB](https://todaymarkets.com/australian-dollar-fresh-downside-momentum-targets-0-7120-against-us-dollar-uob/): United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann flag a sudden AUD/USD selloff to 0.7156, with intraday momentum pointing to further losses toward 0.7140, though 0.7120 is seen as strong support for now. Over the next one to three weeks, the bank now expects the pair could decline toward 0.7120 unless it rebounds […] - [British Pound: Strong data clashes with dovish BoE view – ING](https://todaymarkets.com/british-pound-strong-data-clashes-with-dovish-boe-view-ing/): Francesco Pesole at ING argues that despite stronger United Kingdom (UK) Gross Domestic Product (GDP) data and resilient Sterling, the move in Gilts is largely externally driven and not about domestic fiscal fears. ING maintains its view that the Bank of England will not hike further, warning of a potential dovish repricing and targeting higher EUR/GBP and […] - [Polish Zloty: NBP turns cautious as inflation rises – Commerzbank](https://todaymarkets.com/polish-zloty-nbp-turns-cautious-as-inflation-rises-commerzbank/): Commerzbank’s Antje Praefcke reports that the Polish central bank kept its key rate at 3.75%, while Governor Glapiński signalled no cuts until year-end after previously sounding dovish. With rate cuts now seen as unrealistic given higher inflation and geopolitical risks, the completed policy U-turn should underpin the Zloty, though future moves will depend on whether […] - [Iron Ore Extends Fall as Steel Margins Weaken](https://todaymarkets.com/iron-ore-extends-fall-as-steel-margins-weaken/): Iron ore futures fell below CNY 720 per ton, extending losses for a third straight session as weakening steel margins in China clouded the demand outlook for the key steelmaking ingredient. Industry data showed that only around 8% of Chinese mills remained profitable, down on both a weekly and annual basis from roughly 30% and […] - [Steel Drops to 3-Week Low](https://todaymarkets.com/steel-drops-to-3-week-low/): Steel rebar futures slipped toward CNY 3,060 per ton, reaching a three-week low as worsening profitability across China’s steel sector weighed on sentiment. Industry data showed that only around 8% of Chinese mills were profitable, down from roughly 30% a week earlier and 60% a year ago. The reading was also the weakest since September […] - [Nickel Falls to 2-Month Low](https://todaymarkets.com/nickel-falls-to-2-month-low/): Nickel traded around $16,550 per tonne, falling to its lowest level since July, as prospects for increased Indonesian supply weighed on prices. Indonesia’s Weda Bay Nickel, one of the world’s largest nickel mining operations, restarted mining after four months of care and maintenance, potentially bringing additional ore supply back to the market, although the ramp-up […] - [Brent: Supply risks and Saudi cuts support prices – ING](https://todaymarkets.com/brent-supply-risks-and-saudi-cuts-support-prices-ing/): ING analysts Warren Patterson and Ewa Manthey note that Brent and WTI have rallied sharply as Middle East tensions escalate and Saudi Arabia reports a steep drop in output. They highlight rising risks to Saudi energy infrastructure and Red Sea exports, alongside stronger Chinese crude buying and tight US inventories, suggesting Oil markets are increasingly […] - [Euro: Downside risks while 1.1585 holds against US Dollar – UOB](https://todaymarkets.com/euro-downside-risks-while-1-1585-holds-against-us-dollar-uob/): United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann highlight growing downside momentum in EUR/USD after a sharp drop to 1.1591, though they see limited scope for a sustained break below 1.1585 in the very near term. Over the coming weeks, a daily close under 1.1585 would raise the risk of a move toward […] - [Silver Price - XAG/USD slips below $63.50 amid rising Fed rate hike odds](https://todaymarkets.com/silver-price-xag-usd-slips-below-63-50-amid-rising-fed-rate-hike-odds/): Silver price (XAG/USD) extends its losses for the second successive day, trading around $63.30 per troy ounce during Asian hours on Friday. Silver prices are declining as expectations grow for a Federal Reserve (Fed) rate hike in September. According to the CME FedWatch Tool, markets are currently pricing in a greater than 72% probability of […] - [United States Dollar Index holds onto gains above 99 ahead of US CPI data](https://todaymarkets.com/united-states-dollar-index-holds-onto-gains-above-99-ahead-of-us-cpi-data/): The US Dollar (USD) clings to its Thursday gains in early session on Friday, driven by faster-than-expected growth in the United States (US) Producer Price Index (PPI) data for August. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades marginally higher at around 99.12. On Thursday, […] - [Gold eyes $4,300 break as USD sticks to gains amid Fed hike bets, ahead of US CPI](https://todaymarkets.com/gold-eyes-4300-break-as-usd-sticks-to-gains-amid-fed-hike-bets-ahead-of-us-cpi/): Gold (XAU/USD) struggles to register any meaningful recovery and languishes near a one-and-a-half-week low, touched during the Asian session on Friday. The US Producer Price Index (PPI) report lifted Federal Reserve (Fed) interest rate hike bets, which continue to underpin the US Dollar (USD) and cap the upside for the non-yielding bullion. Traders also seem […] - [Today Markets - Pick of The Week - USD/JPY](https://todaymarkets.com/today-markets-pick-of-the-week-usd-jpy/): If you want to trade a volatile asset class right now, foreign exchange, specifically yen crosses and USD/JPY, is the place to find it. The yen has seen a huge uplift in its volatility in recent days, and is higher by more than 1.5% so far this week. A story of intervention The yen is […] - [Copper Holds Decline as Tariff Fears Ease](https://todaymarkets.com/copper-holds-decline-as-tariff-fears-ease/): Copper futures traded around $6.45 per pound on Friday after plunging nearly 5% in the previous session, pressured by reports that the US is reconsidering plans to impose import tariffs on refined metals. US officials were reportedly concerned that the proposed levies could push domestic copper prices even higher and increase manufacturing costs. The metal […] - [US Heating Oil Surpasses $5](https://todaymarkets.com/us-heating-oil-surpasses-5/): US heating oil prices climbed to around $5.12 per gallon, their highest level on record, amid persistent tight distillate supplies. EIA data showed that US distillate stockpiles, which include diesel and heating oil, rose by 2.1 million barrels in the week ended September 4, but remained 13% below the five-year average, indicating that inventories remain […] - [Soybeans Trade Above $13](https://todaymarkets.com/soybeans-trade-above-13/): Soybean futures traded above $13 per bushel, near their highest level since December 2023, supported by a fresh wave of Chinese buying of US supplies ahead of Friday’s widely anticipated USDA supply-and-demand report. China has bought around 1 million metric tons of US soybeans this week, including 340,000 tons of purchases confirmed by the USDA, […] - [European Gas Climbs as Gulf LNG Disruptions Persist](https://todaymarkets.com/european-gas-climbs-as-gulf-lng-disruptions-persist/): European natural gas prices rose above €82/MWh on Friday, their highest level since December 2022, amid persistent disruptions to LNG supplies from the Persian Gulf. Fighting between the US and Iran has intensified over the past two weeks, centering on who controls the Strait of Hormuz. The ongoing blockade has already disrupted around 20% of […] - [Corn Hovers Near 3-Year High](https://todaymarkets.com/corn-hovers-near-3-year-high/): Corn futures hovered above $5.1 per bushel, near their highest since mid-2023, supported by tightening global supply as disruptions to Ukrainian exports reshape trade flows. Argentina is on track for record corn exports as buyers turn to its supplies following disruptions to Ukrainian shipments caused by Russian attacks on Black Sea ports. Argentina is expected […] - [Zinc Holds Decline](https://todaymarkets.com/zinc-holds-decline/): Zinc prices hovered below $3,900 per tonne after pulling back sharply from an over four-year high, amid a broader, sentiment-driven selloff across the base-metals complex. The downturn was triggered by a report that the White House was hesitating over import tariffs on refined copper, prompting traders to unwind bullish positions and take profits. Increased bets […] - [Palm Oil Set for Third Straight Weekly Decline](https://todaymarkets.com/palm-oil-set-for-third-straight-weekly-decline/): Malaysian palm oil futures edged lower, hovering below MYR 4,900 per tonne and extending their recent decline amid bearish monthly data from the Malaysian Palm Oil Board. In August, inventories rose 7.48% mom to an eight-month high of 2.82 million tonnes, while exports fell 7.5% to 1.29 million tonnes. Production, meanwhile, rose 1.39% to 1.82 […] - [Arabica Coffee Falls Sharply on ICO Projections for Record Coffee Production](https://todaymarkets.com/arabica-coffee-falls-sharply-on-ico-projections-for-record-coffee-production/): December arabica coffee (KCZ26) closed down -3.90 (-1.34%) on Thursday, and November ICE robusta coffee (RMX26) closed up +82 (+2.36%). Coffee prices are mixed today, with arabica falling to a 7-week low and robusta climbing to a 1.5-week high.  Arabica coffee prices fell Thursday amid projections from the International Coffee Organization (ICO) for a record […] - [Cocoa Prices Gain as Ghana May Raise Farmer Pay](https://todaymarkets.com/cocoa-prices-gain-as-ghana-may-raise-farmer-pay/): December ICE NY cocoa (CCZ26) closed up +11 (+0.18%) on Thursday, and December ICE London cocoa #7 (CAZ26) closed up +29 (+0.67%). Cocoa prices settled higher for a second day on Thursday amid carryover support from Wednesday when Ghana’s cocoa industry regulator proposed raising cocoa farmers’ pay by +6% for the 2026/27 season.  The proposed […] - [Sugar Prices Climb as Crude Oil Soars](https://todaymarkets.com/sugar-prices-climb-as-crude-oil-soars/): October NY world sugar #11 (SBV26) closed up +0.33 (+1.79%) on Thursday, and October London ICE white sugar #5 (SWV26) closed up +4.00 (+0.75%). Sugar prices rallied on Thursday, with NY sugar posting a 1-week high and London sugar posting a 2.5-week high.  Soaring crude oil prices are supporting sugar, as WTI crude (CLV26) rose […] - [Cotton Rallies with Support from Outside Factors](https://todaymarkets.com/cotton-rallies-with-support-from-outside-factors/): Cotton futures got spillover strength on Thursday from the outside markets, as contracts were up 40 to 101 points at the close. Crude oil rallied $7.88 per barrel higher on the session, with the US dollar index up 255 points.  Export Sales data is delayed to Friday due to the Monday holiday.  The Cotlook A […] - [Seasonal Trend Alert - Soybeans](https://todaymarkets.com/seasonal-trend-alert-soybeans/): This material is for educational and informational purposes only. It is not a recommendation to buy or sell any futures or options contract, and it does not take into account your objectives, financial situation, or risk tolerance. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance […] - [Corn Squares Up Ahead of USDA Report Day](https://todaymarkets.com/corn-squares-up-ahead-of-usda-report-day/): Corn futures were busy squaring up ahead of the Friday USDA report, closing Thursday with gains of 5 to 7 cents across the board. The CmdtyView national average Cash Corn price was up 6 cents at $4.87.  The weekly EIA report showed ethanol production at 1.099 million barrels per day in the week of 9/4, down 11,000 […] - [Wheat Joins in on the Grain Rally](https://todaymarkets.com/wheat-joins-in-on-the-grain-rally/): The wheat complex rallied across the three exchanges on Thursday. Chicago SRW contracts posted gains of 5 ¾ to 12 ½ cents across the board. KC HRW futures saw higher trade of 10 ¼ to 12 ¾ cents at the close. MPLS spring wheat saw contracts close 12 ½ to 15 ¾ cents in the […] - [Soybeans Break to New Highs](https://todaymarkets.com/soybeans-break-to-new-highs/): Soybeans were in rally mode on Thursday, with contracts 13 to 22 cents higher across most contracts. The cmdtyView national average Cash Bean price was up 22 1/2 cents at $12.74 ½. Soymeal futures saw gains of $2.30 to $5.50, as Soy Oil rallied 102 to 135 points.  USDA reported private export sale announcements of 272,000 MT of soybeans to China […] - [Cattle Post Strength](https://todaymarkets.com/cattle-post-strength/): Live cattle futures posted gains of 12 cents to $1.97 across the board. The Thursday Fed Cattle Exchange showed no sales on the 952 head offered, with $220 live bids. Feeder cattle futures closed Thursday with gains of $1.25 to $2.87 on the session. The CME Feeder Cattle Index was back up $1.53 on September […] - [Trade of The Day - XAU/USD](https://todaymarkets.com/trade-of-the-day-xau-usd/): Facts: Recommendation: Trade: Short position on GOLD at market price Target: 4316, 4288 Stop: 4450 Opinion: The gold market has been trading in a downward move recently. Looking at the technical situation, one can see that the precious metal bounced off the key resistance at $4426. This resistance is a result of previous price reactions, […] - [The Unbelieved Bull Market: Why Valuations May Be Among the Most Attractive in Years](https://todaymarkets.com/the-unbelieved-bull-market-why-valuations-may-be-among-the-most-attractive-in-years/): Although the S&P 500 and Nasdaq 100 indices are trading very close to their all-time highs and have recorded double-digit gains since the start of the year, fundamental analysis points to an unusual discrepancy. Contrary to the intuitive perception of an ‘expensive market’, according to selected financial metrics, US share valuations are currently at multi-year […] - [EUR/USD Price Consolidates around 1.1640 in countdown to ECB’s policy decision](https://todaymarkets.com/eur-usd-price-consolidates-around-1-1640-in-countdown-to-ecbs-policy-decision/): The Euro (EUR) trades in a tight range at around 1.1640 against the US Dollar (USD) during the European trading session on Thursday. The major currency pair consolidates as investors await the European Central Bank’s (ECB) monetary policy decision, which will be announced at 12:15 GMT. In the policy meeting, the ECB is widely anticipated to […] - [Turkish Lira: Easing path and carry appeal – ING](https://todaymarkets.com/turkish-lira-easing-path-and-carry-appeal-ing/): ING’s Frantisek Taborsky expects the Central Bank of the Republic of Türkiye (CBRT) to keep its policy rate at 37% for now, after normalising liquidity and lowering the effective funding rate. Weaker 2Q Gross Domestic Product (GDP) and gradual disinflation should allow two 100bp cuts to 35% in Q4, with markets already pricing a dovish path into […] - [Swiss Franc: Range trading with limited momentum against US Dollar – UOB](https://todaymarkets.com/swiss-franc-range-trading-with-limited-momentum-against-us-dollar-uob/): UOB’s Quek Ser Leang and Lee Sue Ann keep a range-trading view on USD/CHF around 0.8100, after the pair held between 0.8065 and 0.8109 and closed near 0.8099. They now expect a slightly narrower 0.8060–0.8135 band to contain moves in the coming weeks. On a 1–3 month horizon, they see scope for further rebound but […] - [Euro: Difficult path for gains against US Dollar – Commerzbank](https://todaymarkets.com/euro-difficult-path-for-gains-against-us-dollar-commerzbank/): Commerzbank’s Michael Pfister notes that markets fully price today’s ECB rate hike and see around 85 basis points of additional tightening by mid-2027, heavily driven by Oil dynamics. He argues this leaves little room for the ECB to meet expectations, making a clearly hawkish surprise necessary for Euro strength, while any disappointment could weigh on […] - [European Central Bank: Higher energy lifts rate hike expectations – Deutsche Bank](https://todaymarkets.com/european-central-bank-higher-energy-lifts-rate-hike-expectations-deutsche-bank/): Deutsche Bank reports that rising Oil and natural gas prices are pushing European yields to multi‑year highs and prompting markets to price a more hawkish European Central Bank path. The bank’s European economists expect small upward revisions to GDP for 2026‑2027 and higher headline inflation for 2027‑2028, while the ECB is likely to maintain a […] - [Japanese Yen: Structural support from regional flows – BNY](https://todaymarkets.com/japanese-yen-structural-support-from-regional-flows-bny/): BNY’s Geoff Yu notes that Japanese Yen (JPY) strength is reshaping APAC (Asia-Pacific) FX dynamics by easing prior effective exchange rate pressures and allowing more nominal appreciation in regional currencies. The report stays structurally constructive on JPY as long as current-account support holds, but cautions that a renewed Oil shock would reverse gains and force […] - [Iron Ore Slips on Weakening China Demand](https://todaymarkets.com/iron-ore-slips-on-weakening-china-demand/): Iron ore futures slipped toward CNY 730 per ton, pulling back from six-week highs amid rising concerns over demand in top consumer China as steel margins continued to deteriorate. Industry data showed that only around 30% of steelmakers were profitable as of September 4, down from 32.5% a week earlier and 61% during the same […] - [Steel Pressured by Declining Profit Margins](https://todaymarkets.com/steel-pressured-by-declining-profit-margins/): Steel rebar futures traded around CNY 3,105 per ton, hovering close to two-week lows as profitability across China’s steel industry continued to deteriorate. Industry data showed that only around 30% of steelmakers were profitable as of September 4, down from 32.5% a week earlier and 61% during the same period last year. Meanwhile, China’s blast […] - [Nickel Extends Gains](https://todaymarkets.com/nickel-extends-gains/): Nickel traded around $16,900 per tonne, extending gains from the previous session and tracking broader strength across industrial metals. Copper prices remained near fresh record highs, reinforcing continued strength across the industrial metals sector. Battery-sector demand also showed signs of improvement, with recycled nickel sulphate production rising nearly 6% month-on-month in August, driven by stronger […] - [Chart of The Day – USD/JPY under the influence of Bessent and the BoJ](https://todaymarkets.com/chart-of-the-day-usd-jpy-under-the-influence-of-bessent-and-the-boj/): The yen has recently been one of the strongest currencies in the world, and this market has a new player who openly says he is playing with “loaded” cards. US Treasury Secretary Scott Bessent, during a speech at a Texas university, challenged traders by saying “I am the house now”. This means that such a […] - [Economic Calendar - ECB decision and hawkish Bank of Japan in focus](https://todaymarkets.com/economic-calendar-ecb-decision-and-hawkish-bank-of-japan-in-focus/): Today’s session on the financial markets will be dominated by the European Central Bank’s interest rate decision (14:15) and the subsequent press conference (14:45). Consensus assumes a 25 basis point hike in the main refinancing rate to 2.65%, and the deposit rate to 2.5%. Another key point of the day will be afternoon US publications […] - [Gold holds steady above $4,400 as traders seem hesitant ahead of US inflation data](https://todaymarkets.com/gold-holds-steady-above-4400-as-traders-seem-hesitant-ahead-of-us-inflation-data/): Gold (XAU/USD) hovers around the $4,400 mark through the Asian session on Thursday as traders seem hesitant to place directional bets ahead of US inflation figures. The US Producer Price Index (PPI) report will be published later this Thursday, while the US Consumer Price Index (CPI) is due on Friday. The key data will provide […] - [United States Dollar Index weakens ahead of critical US inflation reports](https://todaymarkets.com/united-states-dollar-index-weakens-ahead-of-critical-us-inflation-reports/): The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground for the fourth consecutive day and trading around 98.70 during Asian hours on Thursday. Market participants are closely watching the upcoming US Producer Price Index data due to be released on Thursday and Consumer […] - [XAG/USD trades firmly near $67.60 ahead of US PPI, CPI data](https://todaymarkets.com/xag-usd-trades-firmly-near-67-60-ahead-of-us-ppi-cpi-data/): Silver price (XAG/USD) trades higher at around $67.60 during the Asian trading session on Thursday. The white metal reflects strength as the US Dollar is under pressure ahead of the United States (US) Producer Price Index (PPI) data for August, which will be published at 12:30 GMT. As of writing, the US Dollar Index (DXY), which […] - [European TTF gas futures hit highest level since 2022 as inventories remain low ahead of winter](https://todaymarkets.com/european-ttf-gas-futures-hit-highest-level-since-2022-as-inventories-remain-low-ahead-of-winter/): European gas prices are rising, with the front-month TTF contract climbing above €79/MWh on Wednesday morning to its highest level since December 2022. The US–Iran war is restricting LNG availability as Europe prepares for winter with unusually low inventories. At the same time, high near-term delivery prices are making storage less profitable and hampering efforts […] - [Wheat Retreat's](https://todaymarkets.com/wheat-retreats/): The wheat complex was in retreat mode, with contracts lower across the three exchanges. Chicago SRW contracts closed in on the lows at the final bell, down 17 to 19 cents. KC HRW futures fell back 12 to 15 ½ cents across most contracts. MPLS spring wheat was down 2 to 6 cents on the […] - [Cotton Bulls Fight Back](https://todaymarkets.com/cotton-bulls-fight-back/): Cotton futures posted gains of 5 to 109 points across most contracts at the close.  Crude oil was $3.64 per barrel higher on the session, with the US dollar index holding steady on the day.  Weekly Crop Progress data showed condition ratings at 34% good/excellent, down 5 percentage points on the week. The Brugler500 index […] - [Coffee Prices Settle Higher on Tight ICE Inventories and Vietnam Weather](https://todaymarkets.com/coffee-prices-settle-higher-on-tight-ice-inventories-and-vietnam-weather/): December arabica coffee (KCZ26) closed up +0.75 (+0.26%) on Wednesday, and November ICE robusta coffee (RMX26) closed up +14 (+0.40%). Coffee prices settled higher on Wednesday, with robusta posting a 1-week high.  Tightness in near-term supplies is bullish for arabica coffee prices, as ICE arabica coffee inventories fell to a 27-year low of 218,838 bags […] - [Cocoa Prices Gain After Ghana Proposes Raising Farmer Pay](https://todaymarkets.com/cocoa-prices-gain-after-ghana-proposes-raising-farmer-pay/): December ICE NY cocoa (CCZ26) closed up +38 (+0.64%) on Wednesday, and December ICE London cocoa #7 (CAZ26) closed up +20 (+0.47%). Cocoa prices rose on Wednesday after Ghana’s cocoa industry regulator proposed raising cocoa farmers’ pay by +6% for the 2026/27 season, which sparked short covering in cocoa futures as the proposed increase could […] - [Sugar Prices Finish Sharply Higher as Crude Oil Surges](https://todaymarkets.com/sugar-prices-finish-sharply-higher-as-crude-oil-surges/): October NY world sugar #11 (SBV26) closed up +0.30 (+1.66%) on Wednesday, and October London ICE white sugar #5 (SWV26) closed up +15.50 (+2.99%). Sugar prices settled sharply higher on Wednesday on the +3% surge in crude price (CLV26) to a 3.25-month high.  Higher crude prices support ethanol prices and could prompt the world’s sugar […] - [Copper Holds Near Record Highs](https://todaymarkets.com/copper-holds-near-record-highs/): Copper futures traded around $6.76 per pound on Thursday, staying close to record highs as ongoing supply concerns and tariff uncertainty continued to support prices. Markets were awaiting the Trump administration’s decision on imposing new tariffs on refined metal imports, while the persistent premium for copper futures on New York’s Comex continued to create arbitrage […] - [Palm Oil Dips Ahead of MPOB Data](https://todaymarkets.com/palm-oil-dips-ahead-of-mpob-data/): Malaysian palm oil futures slipped more than 1% to around MYR 4,900 per tonne, extending their decline to a one-week low. Weaker edible oil prices in Dalian and Chicago, along with a stronger ringgit, weighed on sentiment. Traders also turned cautious ahead of monthly data from the Malaysian Palm Oil Board later today. Meanwhile, exports […] - [European Gas Hovers Near Multi-Year Highs](https://todaymarkets.com/european-gas-hovers-near-multi-year-highs/): European natural gas prices steadied at €79/MWh on Thursday, hovering close to its highest level in more than three years, amid rising concerns over the region’s gas supply outlook. European gas inventories remain below historical norms as escalating attacks in the Middle East continue to disrupt LNG shipments through the Strait of Hormuz, a critical […] - [Japanese Yen: Supported by policy shift expectations – MUFG](https://todaymarkets.com/japanese-yen-supported-by-policy-shift-expectations-mufg/): MUFG’s Lee Hardman notes that the Japanese Yen (JPY) has strengthened, driving USD/JPY back towards 153.00, as comments from US Treasury Secretary Scott Bessent reinforce expectations of policy changes in Japan. The bank highlights growing market conviction that the Bank of Japan will accelerate rate hikes this month, helping the Yen rebound without further joint […] - [Polish Zloty: Policy on hold keeps PLN supported against Euro – Societe Generale](https://todaymarkets.com/polish-zloty-policy-on-hold-keeps-pln-supported-against-euro-societe-generale/): Societe Generale’s Kenneth Broux and colleagues expect the NBP to keep rates unchanged at 3.75%, with Governor Glapiński emphasising flexibility and data dependence. Given worsening inflation and the removal of a near‑term cut, they see policy as supportive for the Zloty and expect EUR/PLN to remain biased towards the 4.30 area over the coming quarters. NBP stance […] - [Copper: Record highs driven by tariff uncertainty – ING](https://todaymarkets.com/copper-record-highs-driven-by-tariff-uncertainty-ing/): ING’s commodities team notes Copper has surged to fresh records on the LME, with three‑month futures nearing $14,800/t, as traders position for potential US tariffs on refined Copper imports. They argue policy expectations have tightened availability outside the US and squeezed shorts, warning that prices could correct sharply if proposed tariffs are delayed, softened or […] - [Platinum Rises Toward Multi-Month Highs](https://todaymarkets.com/platinum-rises-toward-multi-month-highs/): Platinum futures rose above $1,860 an ounce, moving back toward multi-month highs as expectations for stronger industrial demand and constrained mine supply continued to support the market. Industrial demand is forecast to rise 9% this year, supported by a sharp recovery in platinum use in the glass industry, while mine supply remains constrained, particularly in […] - [Aluminum Holds at 4-Week High](https://todaymarkets.com/aluminum-holds-at-4-week-high/): Aluminum futures in the UK were at $3,330 per tonne, their highest level in four weeks, supported by persistent supply tightness and shrinking inventories. The ongoing US-Iran conflict has crimped aluminum flows from the Middle East, with GCC output falling 44% year-on-year in July. LME inventories remained near a 36-year low, while SHFE inventories fell […] - [Zinc Tops $4,000 Amid Supply Concerns](https://todaymarkets.com/zinc-tops-4000-amid-supply-concerns/): Zinc prices surpassed $4,000 per tonne for the first time since 2022, as the market faced significant supply pressures. Production disruptions at several mines, including in China, have raised concerns over concentrate availability, while heightened tensions in the Middle East have restricted Iranian ore shipments. Major zinc mines, including Antamina in Peru and Red Dog […] - [Trade of The Day - Coffee](https://todaymarkets.com/trade-of-the-day-coffee/): Facts: Recommendation: COFFEE (D1) Source: xStation5 OPINION: After the breakout from a double top pattern, the price is highly likely to be entering a new market regime, with the current target direction defined by a parallel descending channel. The downward move is strongly supported by the so-called “Death Cross” (EMA100 and EMA200). Based on the […] - [Economic calendar: Macro releases overshadowed by the Middle East conflict](https://todaymarkets.com/economic-calendar-macro-releases-overshadowed-by-the-middle-east-conflict/): Wednesday’s macroeconomic calendar is relatively light and does not include any releases that are likely to independently set the direction for global markets. We already received the latest data from China overnight, where CPI inflation accelerated to 0.8% YoY in August, while PPI rose by 3.8% YoY . Later in the day, attention may turn […] - [European Central Bank: Further hikes risk skewed to upside – Nomura](https://todaymarkets.com/european-central-bank-further-hikes-risk-skewed-to-upside-nomura/): Nomura strategists expect the European Central Bank (ECB) to raise rates this week, taking the depo rate to 2.50%, and to keep it there for the foreseeable future. They see another hike after a 2025 cut back to neutral to counter Iran war-related inflation risks, and do not foresee ECB rate cuts in coming years. ECB seen […] - [WTI Oil erases losses and returns above $92.00 as hostilities in the Gulf escalate](https://todaymarkets.com/wti-oil-erases-losses-and-returns-above-92-00-as-hostilities-in-the-gulf-escalate/): Crude prices maintain their bullish tone on Wednesday, as the situation in the Middle East risks escalating into an all-out regional war. The US Benchmark West Texas Intermediate (WTI) has retraced previous losses to hit fresh three-month highs at $92.70, with the early-June highs of $94.87 in sight. The war in Iran escalated to a […] - [Silver Price XAG/USD approaches $67.00 as bulls await trading range breakout](https://todaymarkets.com/silver-price-xag-usd-approaches-67-00-as-bulls-await-trading-range-breakout/): Silver (XAG/USD) builds on its intraday ascent and climbs back closer to the weekly high, around the $67.00 neighborhood during the early European session on Wednesday. The white metal, however, remains confined within a familiar range held over the past week or so, warranting some caution for bulls ahead of the crucial US inflation figures. From […] - [Polish Zloty: Rate cuts seen off table through year-end – Commerzbank](https://todaymarkets.com/polish-zloty-rate-cuts-seen-off-table-through-year-end-commerzbank/): Commerzbank’s Tatha Ghose expects Poland’s NBP to leave rates unchanged at 3.75% and sees the key question as whether the MPC formally drops earlier dovish language. With fuel-driven inflation pressures and a weaker Zloty, he argues that Glapinski’s prior hints at imminent cuts are obsolete and that rate reductions are unlikely before year-end, which could modestly support […] - [Equities: Broad US pullback as tech limits losses - Deutsche Bank](https://todaymarkets.com/equities-broad-us-pullback-as-tech-limits-losses-deutsche-bank/): Deutsche Bank strategists note a broad-based decline in US equities, with the S&P 500 down 0.58% and more than 70% of its constituents lower. Technology stocks proved relatively resilient as chipmakers recovered, while European markets were largely subdued and Asian equities struggled for traction outside South Korea. US equity futures point to a modestly firmer start. Broad […] - [Equities: Tech leadership with Astra boost – Danske Bank](https://todaymarkets.com/equities-tech-leadership-with-astra-boost-danske-bank-2/): Danske Bank notes European equities were broadly flat on Monday, with the Stoxx 600 unchanged and OMX Nordic slightly higher, while Asian markets rallied in thin trading as US markets were closed for Labor Day. The bank highlights strong performance in technology, particularly semi-conductors and AI-linked hardware, while rising bond yields weighed on real estate […] - [Oil: Risk premium builds with Persian Gulf tensions – ING](https://todaymarkets.com/oil-risk-premium-builds-with-persian-gulf-tensions-ing/): ING analysts Warren Patterson and Ewa Manthey say Oil prices are grinding higher, with ICE Brent close to $100/bbl as Middle East tensions escalate and OPEC output falls. They highlight US strikes on Iranian tankers, Iranian missile responses, and disruptions to Saudi supply, arguing that the market will likely keep a sizeable risk premium while […] - [Japanese Yen: Focus on strength and BoJ path – MUFG](https://todaymarkets.com/japanese-yen-focus-on-strength-and-boj-path-mufg/): MUFG’s Michael Wan highlights ongoing strength in the Japanese Yen, with recent USD/JPY volatility seeing the pair drop toward 152.88 before stabilizing near 153.26. Mixed Japanese data, including stronger labour cash earnings and softer GDP, have not altered expectations for a 25 bps BoJ rate hike in September, keeping attention on BoJ communication and Yen-supportive policy signals. […] - [Euro: Volatility eyed into late week – Commerzbank](https://todaymarkets.com/euro-volatility-eyed-into-late-week-commerzbank/): Commerzbank’s Antje Praefcke notes that EUR/USD is likely to stay relatively quiet until later in the week, when the European Central Bank (ECB) meeting and US inflation data could trigger stronger moves. She highlights that market expectations for further ECB rate hikes may need to be revised lower, potentially weighing on the Euro, while stronger […] - [Gold recovers further from one-week low, retakes $4.400 amid sustained USD selling](https://todaymarkets.com/gold-recovers-further-from-one-week-low-retakes-4-400-amid-sustained-usd-selling/): Gold (XAU/USD) builds on its intraday recovery from a one-week low and reclaims the $4,400 mark heading into the European session on Wednesday. The commodity, for now, seems to have snapped a three-day losing streak amid a weaker US Dollar (USD), which remains depressed near its lowest level in over two weeks amid the Bank […] - [Today Markets - Oil, Apple and JPY in focus](https://todaymarkets.com/today-markets-oil-apple-and-jpy-in-focus/): Oil prices are rising on Wednesday as tit-for-tat strikes between Iran and the US threaten oil supplies as the two sides battle for control of the Strait of Hormuz. Stock futures have switched their attention from a strong earnings season to the challenges ahead, including a 10-year Treasury yield that is hovering close to the […] - [Commodity Talk - Wheat, Oil.WTI, Gold, Natgas.EU](https://todaymarkets.com/commodity-talk-wheat-oil-wti-gold-natgas-eu/): Market Situation Wheat Fundamental and Market Context Historical Valuation (Z-score) Scenarios Gold Fundamental and Market Context Buyers slightly trimmed long positions last week, which may be linked to rising US yields. Source: CFTC, XTB Historical Valuation (Z-score) Scenarios WTI Crude Oil Fundamental and Market Context Calendar spreads remain elevated but show signs of stabilizing, which […] - [Brent Nears $100 on Mideast Hostilities](https://todaymarkets.com/brent-nears-100-on-mideast-hostilities/): Brent crude rose above $99 a barrel on Wednesday, reaching its highest level in nearly seven weeks and approaching the key $100 threshold after Iran said it had struck two American vessels and eight oil tankers in the Gulf. The escalation heightened concerns over further disruptions to global oil supplies. Tehran also launched ballistic missiles […] - [Heating Oil Moves Toward Record High](https://todaymarkets.com/heating-oil-moves-toward-record-high/): US heating oil prices rose above $4.63 per gallon, moving back toward their record high as refineries grapple with increasingly constrained refined-product supplies. The Middle East war continued to escalate as Iranian-backed Houthis launched strikes on Saudi energy facilities, including the Jazan oil refinery. This comes on top of ongoing disruptions and reduced traffic through […] - [European Gas Extends Rally](https://todaymarkets.com/european-gas-extends-rally-2/): European natural gas prices climbed above €76/MWh on Wednesday, extending gains for a fourth session to their highest level since December 2022, as continuing strikes in the Middle East heightened concerns over further supply disruptions. The US military said it destroyed five Iranian oil tankers near Kharg Island on Tuesday in response to attacks on […] - [Copper Slips on Profit-Taking](https://todaymarkets.com/copper-slips-on-profit-taking/): Copper futures eased to around $6.66 per pound on Wednesday, retreating from record levels as traders took profits while reassessing market fundamentals. The metal had surged to fresh all-time highs earlier this week amid tariff uncertainty and tightening global supply. The persistent premium for copper futures on New York’s Comex continued to offer arbitrage opportunities, […] - [Corn Retreats Ahead of USDA Report](https://todaymarkets.com/corn-retreats-ahead-of-usda-report/): Corn futures fell below $5.10 per bushel, pulling back from an over three-year high of $5.21 hit on September 1, as traders adjusted positions ahead of Friday’s widely anticipated USDA supply-and-demand report. The decline came despite expectations for weaker US yields, which have continued to provide a floor for prices. Commodity brokerage StoneX lowered its […] - [Palm Oil Weighed by Weak Exports, India Bottleneck](https://todaymarkets.com/palm-oil-weighed-by-weak-exports-india-bottleneck/): Malaysian palm oil futures remained subdued, trading near MYR 4,960 per tonne, pressured by a stronger ringgit and weaker edible oil prices in the Dalian and Chicago markets. Meanwhile, exports remained sluggish, with cargo surveyors estimating August palm oil shipments fell between 6.5% and 14.9% from July, while inventories climbed to a five-month high in […] - [Cattle Rally Out of Labor Day Weekend](https://todaymarkets.com/cattle-rally-out-of-labor-day-weekend/): Live cattle futures closed the Tuesday session with contracts $2.37 to $4.50 gains across most contracts at the close. Cash trade saw light action last week with sales ranging from 218-220, with a few up to $222. Feeder cattle futures rounded out the Tuesday session with contracts $4.05 to $5.72 higher. The CME Feeder Cattle […] - [Arabica Coffee Prices Fall on Increased Supplies from Brazil](https://todaymarkets.com/arabica-coffee-prices-fall-on-increased-supplies-from-brazil/): December arabica coffee (KCZ26) closed down -4.30 (-1.45%) on Tuesday, and November ICE robusta coffee (RMX26) closed up +53 (+1.56%). Coffee prices settled mixed on Tuesday, with arabica falling to a 2-month low.  Ramped-up coffee exports from Brazil weighed on arabica prices Tuesday after Brazil’s Trade Ministry reported Brazil’s Aug coffee exports rose +44.6% y/y […] - [Zinc Price Falls Below $3,800 as Strong Dollar and Hawkish Fed Hit Metals, But Supply Shortage Limits Downside](https://todaymarkets.com/zinc-price-falls-below-3800-as-strong-dollar-and-hawkish-fed-hit-metals-but-supply-shortage-limits-downside/): Today Markets Analysis Zinc prices have come under renewed pressure, falling toward and below the $3,800-per-tonne area as a stronger US dollar and the Federal Reserve’s hawkish policy outlook weigh on industrial metals. The Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00%, its first increase in more than three years, while policymakers […] - [Gold Price Struggles Below $4,300 as Hawkish Fed, Strong Dollar and Higher Rates Clash With Geopolitical Risk](https://todaymarkets.com/gold-price-struggles-below-4300-as-hawkish-fed-strong-dollar-and-higher-rates-clash-with-geopolitical-risk/): Today Markets Analysis Gold remains under pressure around the $4,300-per-ounce area as investors digest the Federal Reserve’s first interest-rate increase in three years and its signal that another hike could follow before the end of 2026. The Federal Reserve raised the federal funds target range by 25 basis points to 3.75%-4.00% at its September 15-16 […] - [Trump Threatens Massive EU Tariffs Over Canada Alliance as New Trade War Risk Sends Shockwaves Through Global Markets](https://todaymarkets.com/trump-threatens-massive-eu-tariffs-over-canada-alliance-as-new-trade-war-risk-sends-shockwaves-through-global-markets/): Today Markets Analysis A fresh U.S.–European trade confrontation is emerging after President Donald Trump threatened “very serious tariffs” against the European Union — and potentially reduced trade with the bloc — if Brussels proceeds with plans to make Canada its first associate member. The threat followed European Commission President Ursula von der Leyen’s announcement on […] - [US Dollar Surges to Seven-Week High as Hawkish Fed Signals More Rate Hikes and Inflation Risks Persist](https://todaymarkets.com/us-dollar-surges-to-seven-week-high-as-hawkish-fed-signals-more-rate-hikes-and-inflation-risks-persist/): Today Markets Analysis The U.S. dollar remained around 100.3 on Thursday, holding close to a seven-week high after the Federal Reserve delivered its first interest-rate increase in three years and signalled that monetary policy may need to tighten further. The Federal Open Market Committee raised the federal funds target range by 25 basis points to […] - [Platinum Price Falls Toward $1,780 as Hawkish Fed, Strong Dollar and High Oil Prices Clash With Critical Supply Deficits](https://todaymarkets.com/platinum-price-falls-toward-1780-as-hawkish-fed-strong-dollar-and-high-oil-prices-clash-with-critical-supply-deficits/): Today Markets Analysis Platinum futures remained under pressure around the $1,780-per-ounce area, with the precious metal trading close to two-week lows as a stronger U.S. dollar and a more hawkish Federal Reserve offset longer-term supply concerns. The Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00% on September 16, while policymakers indicated that […] - [European Natural Gas Prices Slide Below €78 but Winter Supply Crisis Risks Keep TTF Gas Near Multi-Year Highs](https://todaymarkets.com/european-natural-gas-prices-slide-below-e78-but-winter-supply-crisis-risks-keep-ttf-gas-near-multi-year-highs/): Today Markets Analysis European natural gas prices moved lower on Thursday, falling below €78/MWh, but the decline remains relatively modest against the scale of the supply risks facing the European market. The Dutch TTF benchmark remains close to multi-year highs as traders assess whether Europe can rebuild gas inventories sufficiently before the 2026/27 heating season. […] - [Coffee Prices Slide to 2.5-Month Low as Record Global Supply, Brazil Rains and Rising Vietnam Exports Pressure Futures](https://todaymarkets.com/coffee-prices-slide-to-2-5-month-low-as-record-global-supply-brazil-rains-and-rising-vietnam-exports-pressure-futures/): Today Markets Analysis: Coffee futures extended their three-week decline on Wednesday, with arabica falling to a 2.5-month low as expectations for abundant global supplies continue to outweigh support from historically low arabica inventories and potential El Niño-related crop risks. December ICE NY Arabica coffee closed at 281.10 cents per pound, down 2.10 points, or 0.74%, […] - [Cocoa Prices Rise as Ghana Crop Risks and West African Weather Concerns Clash With Surging Ivory Coast Supply](https://todaymarkets.com/cocoa-prices-rise-as-ghana-crop-risks-and-west-african-weather-concerns-clash-with-surging-ivory-coast-supply/): Today Markets Analysis: Cocoa futures moved higher on Wednesday as the market continues to trade within a broad sideways range, balancing rising inventories and stronger Ivory Coast production against concerns over Ghana’s 2026/27 crop, West African weather risks and cocoa quality. December ICE NY cocoa closed at 5,924, up 56 points, or 0.95%, while December […] - [Sugar Prices Under Pressure as Huge London Deliveries Hit Demand, While Global Supply Deficit Risks Grow](https://todaymarkets.com/sugar-prices-under-pressure-as-huge-london-deliveries-hit-demand-while-global-supply-deficit-risks-grow/): Today Markets Analysis: Sugar futures are showing mixed performance after falling to 1.5-week lows, with the market caught between evidence of weak physical demand and a growing body of longer-term supply concerns. October NY World Sugar #11 recovered to finish slightly higher, while December London white sugar remained under pressure. October NY World Sugar #11 […] - [Cotton Futures Under Pressure as Dollar and Fed Outlook Weigh on Demand](https://todaymarkets.com/cotton-futures-under-pressure-as-dollar-and-fed-outlook-weigh-on-demand/): Today Markets Analysis: US cotton futures are coming under renewed pressure as a firmer US dollar, weaker crude oil prices and a more hawkish Federal Reserve outlook combine to create a challenging near-term environment for the fibre market. October 2026 cotton was the weakest of the actively traded contracts, closing at 80.44 cents per pound, […] - [Cattle Futures Slide as Beef Prices Weaken Ahead of Cattle on Feed Report](https://todaymarkets.com/cattle-futures-slide-as-beef-prices-weaken-ahead-of-cattle-on-feed-report/): Today Markets Analysis: US cattle futures are heading into the next session under pressure, with live cattle falling $2.10 to $3.77 and feeder cattle posting losses of $1.80 to $6.72 on Wednesday. The weakness comes as cash trade remains largely inactive, wholesale beef prices decline and traders position ahead of Friday’s USDA Cattle on Feed […] - [Soybeans Edge Higher as Traders Await US Export Demand Signals](https://todaymarkets.com/soybeans-edge-higher-as-traders-await-us-export-demand-signals/): Today Markets Analysis: US soybean futures are heading into the next session with a modestly firmer tone, after contracts gained 1¾ to 3½ cents on Wednesday. November 2026 soybeans closed at $13.20½ per bushel, while January and March 2027 futures also moved higher. However, weakness across soymeal and soybean oil is tempering the broader bullish […] - [Corn Futures Slip as Ethanol Stocks Rise and Canadian Production Expands](https://todaymarkets.com/corn-futures-slip-as-ethanol-stocks-rise-and-canadian-production-expands/): Today Markets Analysis: US corn futures finished Wednesday lower across the board, with contracts declining 1½ to 2¼ cents as traders weighed rising ethanol inventories, expectations for Thursday’s export data and a larger Canadian corn crop. December 2026 corn closed at $5.34¼ per bushel, down 1½ cents, while March and May 2027 contracts also fell […] - [Wheat Futures Push Higher as Global Supply Outlook Tightens](https://todaymarkets.com/wheat-futures-push-higher-as-global-supply-outlook-tightens/): Wheat markets finished Wednesday on firmer ground, with all three major U.S. wheat exchanges posting gains as traders weighed tighter production expectations and shifting global export prospects. Chicago SRW futures ended the session 1½ to 6½ cents higher, while KC HRW contracts gained between 1 and 5 cents. Minneapolis spring wheat also strengthened, with contracts […] - [Chart of the Day: What’s next for the US stock market?](https://todaymarkets.com/chart-of-the-day-whats-next-for-the-us-stock-market/): The US technology sector has run out of steam following months of buoyant growth. Although the Nasdaq 100 index still boasts a solid year-to-date return of 14.6%, recent weeks have brought a marked cooling in sentiment. Over the past month, the index has slipped by 3.7%, and it now stands 5.6% below its record highs. […] - [Trade of The Day - Copper Price Correction Creates New Buying Opportunity as Bullish Trend Remains Intact](https://todaymarkets.com/trade-of-the-day-copper-price-correction-creates-new-buying-opportunity-as-bullish-trend-remains-intact/): Copper is attempting to stabilise after its latest correction, with the broader technical structure continuing to point toward an underlying bullish trend. The metal has recently experienced increased volatility after reaching record levels, with the latest pullback taking prices toward an important technical support area. On September 16, copper was recovering around the $14,000-per-tonne region […] - [Swiss Franc: Watching break of 0.8205 against US Dollar – UOB](https://todaymarkets.com/swiss-franc-watching-break-of-0-8205-against-us-dollar-uob/): UOB’s Quek Ser Leang and Lee Sue Ann see USD/CHF consolidating just below major resistance at 0.8205 after trading between 0.8164 and 0.8198. They flag potential for a brief move above 0.8205, though a sustained break is uncertain, and maintain that a firm hold above this level is needed to target 0.8245, with strong support […] - [Norwegian Krone: Norges Bank weighs inflation and growth – Commerzbank](https://todaymarkets.com/norwegian-krone-norges-bank-weighs-inflation-and-growth-commerzbank/): Commerzbank’s Antje Praefcke highlights uncertainty over whether Norges Bank will hike in September or wait until December. Inflation remains above target despite a recent downside surprise, while growth is described as close to normal. The regional network survey is seen as decisive, with Oil prices and Middle East developments still the main drivers for NOK. […] - [Oil: Supply risks and central bank pressures – Rabobank](https://todaymarkets.com/oil-supply-risks-and-central-bank-pressures-rabobank/): Rabobank’s Senior Macro Strategist Bas van Geffen highlights escalating Middle East tensions, with Houthi attacks and damage to Saudi infrastructure forcing more Oil flows through the Strait of Hormuz. He notes increased supply risks via Bab el-Mandeb and potential mines, and says it has updated its energy forecasts as higher crude and refined product prices […] - [US Dollar: Warsh guidance keeps Greenback supported – ING](https://todaymarkets.com/us-dollar-warsh-guidance-keeps-greenback-supported-ing/): ING strategists Francesco Pesole and Frantisek Taborsky note that markets fully expect the Federal Reserve to raise rates by 25bp to 4.0%, with a surprise hold seen as materially negative for the Dollar. They argue the FOMC is likely aware of Treasury risks and will keep a hawkish tone, with Chair Kevin Warsh’s openness to further tightening […] - [Equities: Consumer sectors under pressure from energy shock – Danske Bank](https://todaymarkets.com/equities-consumer-sectors-under-pressure-from-energy-shock-danske-bank/): Danske Bank’s Danske Research Team observes that global equities closed lower on Tuesday, with Energy the only sector in positive territory as Oil prices surged. The bank notes that selling was concentrated in consumer discretionary and staples, reflecting concerns that higher energy costs will hurt consumers. Despite equities being up over 10% year to date, […] - [British Pound: Rising price pressures challenge BoE – Deutsche Bank](https://todaymarkets.com/british-pound-rising-price-pressures-challenge-boe-deutsche-bank/): Deutsche Bank’s Sanjay Raja notes that United Kingdom (UK) inflation rose in August, with headline Consumer Price Index (CPI) at 3.1% year-on-year, its highest since December last year. While Core CPI and food inflation remained subdued, energy and services prices showed worrying strength. Raja highlights that inflation is running above Bank of England (BoE) projections […] - [Indian Rupee: Inflation and trade reshape INR – Commerzbank](https://todaymarkets.com/indian-rupee-inflation-and-trade-reshape-inr-commerzbank/): Commerzbank economists note India’s August CPI rose to 4.8% year-on-year, above the RBI midpoint but still below the central bank’s full-year forecast. They see a more finely balanced policy outlook, with a likely hawkish hold at 5.25%. A narrower trade deficit and strong capital inflows should support INR, even as higher Oil prices pressure inflation and […] - [Euro: Downside pressure toward 1.1490 against US Dollar – UOB](https://todaymarkets.com/euro-downside-pressure-toward-1-1490-against-us-dollar-uob/): UOB’s Quek Ser Leang and Lee Sue Ann keep a cautious stance on EUR/USD after the pair closed almost unchanged near 1.1543. They note slowing downside momentum intraday but still see room for a move toward 1.1520, while the broader 1–3 week view points to potential losses toward 1.1490 unless resistance at 1.1585 is breached, suggesting sustained […] - [Live Cattle Futures Fall as Feeder Cattle Slide Despite Strong Boxed Beef Prices](https://todaymarkets.com/live-cattle-futures-fall-as-feeder-cattle-slide-despite-strong-boxed-beef-prices/): Today Markets Analysis: US live cattle futures moved lower across the board on Tuesday, while feeder cattle suffered a sharper decline as traders balanced weaker futures against firm cash cattle prices and stronger wholesale beef values. October 2026 live cattle settled at $220.70 per cwt, down $1.55, while December fell $1.80 to $223.35. Feeder cattle […] - [Soybean Futures Rise as US Harvest Rain and Soymeal Strength Support Prices](https://todaymarkets.com/soybean-futures-rise-as-us-harvest-rain-and-soymeal-strength-support-prices/): Today Markets Analysis: US soybean futures moved higher across the front months on Tuesday, supported by a sharp rally in soymeal, while wet weather across parts of the US Midwest raised concerns about near-term harvest progress. November 2026 soybeans closed at $13.18¾ per bushel, up 14½ cents, while January and March contracts each gained 15 […] - [Wheat Futures Rise as Ukraine-Russia Energy Conflict and Algeria Tender Support Prices](https://todaymarkets.com/wheat-futures-rise-as-ukraine-russia-energy-conflict-and-algeria-tender-support-prices/): Today Markets Analysis: Wheat futures strengthened across all three major US exchanges on Tuesday, with Chicago SRW, Kansas City HRW and Minneapolis spring wheat contracts closing higher. The rally reflects a combination of geopolitical risk surrounding the Russia-Ukraine conflict, fresh international demand from Algeria and tighter expectations for French wheat production. December 2026 CBOT wheat […] - [Corn Prices Rise as Brazil Crop Forecast Jumps While US Harvest Faces Weather Risk](https://todaymarkets.com/corn-prices-rise-as-brazil-crop-forecast-jumps-while-us-harvest-faces-weather-risk/): Today Markets Analysis: Corn futures edged higher on Tuesday, with December 2026 corn rising 2½ cents to $5.3575 per bushel, as the grain complex recovered alongside a sharp increase in crude oil prices. The move came despite a potentially bearish supply outlook from Brazil, where CONAB increased its 2025/26 production estimate and issued an initial […] - [Coffee Prices Fall as Brazil Rain Boosts 2026/27 Crop Outlook](https://todaymarkets.com/coffee-prices-fall-as-brazil-rain-boosts-2026-27-crop-outlook/): Today Markets Analysis: Coffee prices came under renewed pressure on Tuesday, with December arabica coffee falling 2.36% to 283.25 cents per pound and November robusta declining 1.53% to $3,476 per tonne. The latest weakness reflects improving crop conditions in Brazil and Vietnam, record Brazilian exports and expectations for a larger global coffee surplus. However, the […] - [Sugar Prices Fall Toward Two-Week Low as Strong Dollar Meets Growing 2026/27 Supply Deficit](https://todaymarkets.com/sugar-prices-fall-toward-two-week-low-as-strong-dollar-meets-growing-2026-27-supply-deficit/): Today Markets Analysis: October NY World Sugar No. 11 futures fell 1.21% to 17.92 cents per pound on Tuesday, reaching a 1.5-week low, while October London ICE white sugar declined 0.48% to $522.50 per tonne. A stronger US dollar triggered long liquidation, putting pressure on sugar prices after the market recently reached multi-month highs. The […] - [Cocoa Prices Fall as Ivory Coast Supply Rises While West Africa Crop Risks Build](https://todaymarkets.com/cocoa-prices-fall-as-ivory-coast-supply-rises-while-west-africa-crop-risks-build/): Today Markets Analysis: December ICE New York cocoa futures fell 1.66% to 5,920 on Tuesday, while December ICE London cocoa declined 1.55% to 4,307. The latest move lower reflects growing evidence of adequate near-term supply, particularly from Ivory Coast, although concerns over the quality and size of the next West African crop continue to provide […] - [Cotton Futures Hold Near 84 Cents as US Crop Progress, Oil Prices and Dollar Set Market Direction](https://todaymarkets.com/cotton-futures-hold-near-84-cents-as-us-crop-progress-oil-prices-and-dollar-set-market-direction/): Today Markets Analysis: US cotton futures were mixed on Tuesday, with the nearby October contract edging higher while deferred contracts moved lower as traders balanced improving US crop conditions against rising energy costs and currency-market pressure. October cotton settled at 81.10 cents per pound, up 46 points, while December fell 7 points to 84.48 cents […] - [Saudi Oil Shipments Cut as Supply Disruptions Push Brent Above $107](https://todaymarkets.com/saudi-oil-shipments-cut-as-supply-disruptions-push-brent-above-107/): Today Markets Analysis: Crude oil prices rose sharply on Tuesday as overlapping supply disruptions in Saudi Arabia and Libya intensified concerns over global availability. Brent crude gained 0.9% to $107.39 a barrel, while WTI crude rose 1.17% to $103.51. The latest move follows Saudi Arabia’s decision to cancel part of its September oil shipments to […] - [Bitcoin Slides Toward $75,000 as US Crypto Regulation Setback Hits Sentiment](https://todaymarkets.com/bitcoin-slides-toward-75000-as-us-crypto-regulation-setback-hits-sentiment/): Today Markets Analysis: Bitcoin fell toward $75,000 in mid-September, approaching a more than three-week low as investors reacted to the US Senate’s failure to advance a major cryptocurrency regulation bill. The Clarity Act failed to clear a procedural vote, with the measure receiving 49 votes in favour and 50 against, below the 60 votes required […] - [Dollar Nears One-Month High as Fed Decision Takes Centre Stage](https://todaymarkets.com/dollar-nears-one-month-high-as-fed-decision-takes-centre-stage/): Today Markets Analysis: The US dollar index climbed toward 99.7 on Wednesday, approaching its highest level in a month as markets positioned ahead of the Federal Reserve’s latest policy decision. Expectations for a 25-basis-point rate hike remain firmly embedded in prices, with markets assigning roughly a 92% probability to the move. The focus is now […] - [European Gas Climbs Above €81 as Winter Supply Risks Intensify](https://todaymarkets.com/european-gas-climbs-above-e81-as-winter-supply-risks-intensify/): Today Markets Analysis: European natural gas prices climbed back above €81/MWh on Wednesday, reversing the previous session’s decline as concerns over winter supply security continue to build. With the heating season approaching, traders are increasingly focused on the combination of restricted LNG flows, below-average European storage and temporary reductions in Norwegian pipeline supplies. The market […] - [Oil Retreats Below $105 as US Inventory Build Offsets Middle East Supply Risks](https://todaymarkets.com/oil-retreats-below-105-as-us-inventory-build-offsets-middle-east-supply-risks/): Today Markets Analysis: Crude oil has fallen back below $105 per barrel, retreating from four-month highs after US industry data showed a surprisingly large increase in crude inventories despite worsening supply disruptions across the Middle East. The pullback highlights the growing tension between a bearish US inventory signal and an increasingly fragile global supply picture. […] - [Palladium Rebounds as Dollar Weakness and Supply Risks Support Prices](https://todaymarkets.com/palladium-rebounds-as-dollar-weakness-and-supply-risks-support-prices/): Today Markets Analysis: Palladium has rebounded toward $1,320 per ounce, recovering from a three-week low as a softer US dollar and renewed short covering provide support ahead of the Federal Reserve’s latest policy decision. The recovery comes alongside broader gains across precious metals, with markets pricing a 92.4% probability of at least a 25-basis-point rate […] - [Gold Reclaims $4,300 as Yield Momentum Fades](https://todaymarkets.com/gold-reclaims-4300-as-yield-momentum-fades/): Today Markets Analysis: Gold has climbed back above $4,300 an ounce, recovering after two consecutive sessions of losses as the recent momentum in oil prices and global bond yields began to fade ahead of the latest US Federal Reserve policy decision. The move higher comes as markets reassess the competing forces driving bullion. Lower momentum […] - [FOMC Preview - Will Trump dissuade Fed from a rate hike?](https://todaymarkets.com/fomc-preview-will-trump-dissuade-fed-from-a-rate-hike/): We are facing the most anticipated central bank meeting of 2026. On Wednesday, the Federal Reserve will announce its decision on interest rates. The market currently seems almost convinced that the statement, scheduled for release at 7:00 PM, will mention a 25 basis point rate increase, the first since July 2023. What does the data […] - [Cocoa slips 3% and test important technical support zone](https://todaymarkets.com/cocoa-slips-3-and-test-important-technical-support-zone/): ICE cocoa futures (COCOA) are down around 3% today as the market once again focuses on improving near-term physical availability and elevated inventories. Pressure on prices is being reinforced by strong cocoa arrivals at ports in Côte d’Ivoire and ICE-monitored inventories remaining at relatively high levels. This is easing concerns about immediate supply shortages ahead […] - [Gold loses ahead of Fed decision](https://todaymarkets.com/gold-loses-ahead-of-fed-decision/): Gold breaks important support levels a day ahead of the Fed decision, during which the market is largely confident of an interest rate hike Gold is down about 0.75% today, pulling back toward $4,266 per ounce on the eve of the Federal Reserve decision. Short-term investors fear position reductions in gold due to sharply rising […] - [Commodity Talk - Natgas, Coffee, Oil, Gold](https://todaymarkets.com/commodity-talk-natgas-coffee-oil-gold/): Commodity Overview It is worth noting the low RSI on the part of coffee, gold, and nickel, while at the same time an extremely high level is found on oil and European gas. Source: XTB Natgas European Natgas is already trading around 83 EUR/MWh, approaching resistance associated with the 127.2 Fibonacci retracement of the March-April […] - [Chart of the Day: Gold at five-week lows - what stands behind the decline?](https://todaymarkets.com/chart-of-the-day-gold-at-five-week-lows-what-stands-behind-the-decline/): Gold continues its September sell-off. An ounce is currently trading below $4,270, representing its lowest level in five weeks. The precious metal has lost nearly 9% relative to its August peak, with September alone bringing a drop of over 3%. Figure 1: Gold and US 10-Year Treasury Yield [Inverted Axis] (2026) Source: XTB Research, 15.09.2026 […] - [Trade of the Day: EUR/GBP](https://todaymarkets.com/trade-of-the-day-eur-gbp/): Market Bias: Bearish Technical Setup EUR/GBP has rejected the 0.8585 resistance level, reinforcing the recent bearish structure. On the daily timeframe, the pair is also trading below its 100-period exponential moving average (EMA), keeping the broader technical bias tilted to the downside. The 0.8585 area represents an important technical confluence zone, with resistance aligning with […] - [Indian Rupee: RBI support tempers depreciation risks versus US Dollar - MUFG](https://todaymarkets.com/indian-rupee-rbi-support-tempers-depreciation-risks-versus-us-dollar-mufg/): MUFG’s Michael Wan assesses Reserve Bank of India’s (RBI) June 2026 FX measures and their impact on the Indian Rupee and USD/INR. He notes a large build-up of FX reserves and liquidity, and argues these measures have reduced tail risks of sharp INR depreciation. However, MUFG still expects USD/INR to rise gradually into 2027, with INR […] - [Oil: Saudi pipeline outage supports prices – ING](https://todaymarkets.com/oil-saudi-pipeline-outage-supports-prices-ing/): ING analysts Warren Patterson and Ewa Manthey note that Oil prices have surged as the Saudi East–West pipeline shutdown tightens supply and keeps ICE Brent near recent resistance around $110/bbl. They highlight persistent uncertainty over damage and outage duration, with Saudi storage at Yanbu only offering temporary relief and risks that port stocks deplete before […] - [Japanese Yen: Higher Q4 range projected – Standard Chartered](https://todaymarkets.com/japanese-yen-higher-q4-range-projected-standard-chartered/): Standard Chartered’s Chong Hoon Park and Nicholas Chia expect the Bank of Japan (BoJ) to deliver a 25bps rate hike in September but maintain a gradual normalisation path. They argue that USD/JPY is unlikely to fall on BoJ tightening alone and project the pair returning to the upper half of the 155-160 range in Q4, […] - [WTI Climbs Back Above $99 as Middle East Tensions Fuel Further Upside Risks](https://todaymarkets.com/wti-climbs-back-above-99-as-middle-east-tensions-fuel-further-upside-risks/): Today Markets Analysis: WTI crude oil has reclaimed the $99 per barrel level, extending its recent advance as escalating Middle East tensions raise concerns over regional supply and keep a geopolitical risk premium embedded in oil prices. With crude trading close to its highest levels since May, the market remains focused on the potential for […] - [Palm Oil Pushes Above MYR 4,850 as Oil and Weather Risks Clash With Rising Inventories](https://todaymarkets.com/palm-oil-pushes-above-myr-4850-as-oil-and-weather-risks-clash-with-rising-inventories/): Today Markets Analysis: Malaysian palm oil futures extended their gains above MYR 4,850 per tonne, supported by a weaker Malaysian ringgit, higher crude oil prices and growing concerns over dry weather in Southeast Asia. However, the rally is facing significant bearish headwinds, with Malaysian inventories at an eight-month high, production increasing and exports weakening. The […] - [Iron Ore Slides to Three-Week Low as Supply Builds and China’s Steel Demand Weakens](https://todaymarkets.com/iron-ore-slides-to-three-week-low-as-supply-builds-and-chinas-steel-demand-weakens/): Today Markets Analysis: Iron ore futures have fallen below CNY 710 per tonne, reaching a three-week low as rising global shipments and weakening Chinese steel demand reinforce concerns that the market remains oversupplied. While steel mills could return to the market to replenish inventories ahead of China’s October National Day holiday, the underlying demand picture […] - [Gold Rebounds From $4,280 Support as Fed Bets and a Stronger Dollar Cap the Upside](https://todaymarkets.com/gold-rebounds-from-4280-support-as-fed-bets-and-a-stronger-dollar-cap-the-upside/): Today Markets Analysis: Gold is attempting to stabilise after falling to a more than one-month low, with XAU/USD recovering from the $4,284–$4,283 area during Asian trading. The rebound shows buyers are still defending important technical support, but the broader environment remains challenging as markets price a Federal Reserve rate hike and US Treasury yields push […] - [Silver Slides Toward $63 as 5% Treasury Yields Put Pressure on Precious Metals](https://todaymarkets.com/silver-slides-toward-63-as-5-treasury-yields-put-pressure-on-precious-metals/): Today Markets Analysis: Silver is facing renewed selling pressure as rising energy prices, firmer inflation expectations and surging US Treasury yields strengthen the case for tighter monetary policy. XAG/USD fell for a second consecutive session on Tuesday, trading around $63.20 per troy ounce during Asian hours. The move highlights a difficult combination for silver. While […] - [Wheat Struggles as Weak US Exports Offset Harvest Progress](https://todaymarkets.com/wheat-struggles-as-weak-us-exports-offset-harvest-progress/): Today Markets Analysis: Wheat futures finished mixed on Monday, but the underlying fundamentals remain challenging. US spring wheat harvest is essentially complete, winter wheat planting is beginning, and export shipments continue to trail last year’s pace significantly. At the same time, a larger Ukrainian crop estimate is adding to global supply expectations. The result is […] - [Corn Starts the Week Higher as US Harvest Progress Meets Resilient Demand](https://todaymarkets.com/corn-starts-the-week-higher-as-us-harvest-progress-meets-resilient-demand/): Today Markets Analysis: Corn futures opened the new trading week on firmer footing, with contracts gaining between 1¼ and 3½ cents as traders balanced accelerating US crop maturity against relatively stable export demand and changing global supply expectations. December corn finished at $5.33¼, up 3 cents, while the nearby cash market climbed 3¼ cents to […] - [Soybeans Rebound as Export Demand and Domestic Crushing Offer Fresh Support](https://todaymarkets.com/soybeans-rebound-as-export-demand-and-domestic-crushing-offer-fresh-support/): Today Markets Analysis: Soybean futures recovered on Monday, with contracts gaining between 5 and 9¾ cents, as traders weighed improving harvest progress against stronger export shipments and expectations for continued domestic crushing demand. The rebound comes as the US crop moves further into harvest, while export flows remain below last year’s pace and the market […] - [Cattle Surge as Tight Cash Supplies Drive Futures Higher](https://todaymarkets.com/cattle-surge-as-tight-cash-supplies-drive-futures-higher/): Today Markets Analysis: Cattle futures started the week sharply higher, with live cattle and feeder cattle contracts posting broad gains as stronger cash prices and a powerful move in the feeder market reinforced expectations of continued strength across the US cattle complex. Live cattle futures gained between $2.07 and $2.92, while feeder cattle led the […] - [Cotton Slides as US Harvest Progress and Stronger Dollar Weigh on Prices](https://todaymarkets.com/cotton-slides-as-us-harvest-progress-and-stronger-dollar-weigh-on-prices/): Today Markets Analysis: Cotton futures came under renewed pressure Monday as the market weighed improving US crop conditions, advancing harvest activity and a firmer US dollar against signs that physical cotton supplies remain relatively tight. The October contract fell 174 points to 80.64 cents per pound, while December cotton dropped 151 points to 84.55 cents. […] - [Sugar Holds Near Recent Highs as Global Supply Outlook Tightens](https://todaymarkets.com/sugar-holds-near-recent-highs-as-global-supply-outlook-tightens/): Today Markets Analysis: Sugar prices remained close to recent highs on Monday as the market continued to digest a tightening global supply outlook, with production risks in major growing regions increasingly offsetting the large crop and surplus expected for the current season. October NY world sugar #11 finished 0.06% higher, while October London white sugar […] - [Coffee Market Snaps Three-Week Slide as Short Covering Sparks Rebound](https://todaymarkets.com/coffee-market-snaps-three-week-slide-as-short-covering-sparks-rebound/): Today Markets Analysis: Coffee prices staged a sharp recovery on Monday as short covering and technical buying interrupted a three-week decline, giving the market its first meaningful bounce after heavy selling pressure. December arabica coffee gained 1.68%, while November robusta rose 0.28%. The rebound came after arabica initially fell to a 2½-month low, with traders […] - [Cocoa Rises as Ghana Crop Risks Offset Growing West African Supplies](https://todaymarkets.com/cocoa-rises-as-ghana-crop-risks-offset-growing-west-african-supplies/): Today Markets Analysis: Cocoa prices moved higher on Monday as concerns over Ghana’s upcoming crop and deteriorating crop quality in West Africa outweighed evidence of stronger current supplies from the Ivory Coast. December New York cocoa futures settled 1.04% higher, while December London cocoa gained 1.20%, with the market continuing to balance potentially tighter future […] - [Copper Slides to Seven-Week Low as Supply Concerns Ease](https://todaymarkets.com/copper-slides-to-seven-week-low-as-supply-concerns-ease/): Today Markets Analysis: Copper prices remained under pressure Tuesday, trading near $6.30 per pound and close to seven-week lows as fresh deliveries into London warehouses eased concerns over tight global supply. The retreat follows a sharp rally to record highs last week and highlights how quickly positioning can change when physical availability improves and tariff […] - [Michael Burry Rebalances His Portfolio: Capitulation or Smarter Risk Management?](https://todaymarkets.com/michael-burry-rebalances-his-portfolio-capitulation-or-smarter-risk-management/): Today Markets Analysis: Michael Burry has once again adjusted his portfolio, reigniting debate over whether the investor is backing away from his bearish technology thesis or simply managing the risk of being early. Burry’s latest portfolio update, published on September 9, shows reductions in several positions linked to his bearish view on technology and artificial […] - [European Gas Prices Surge as Hormuz Disruption Tightens Winter Supply Outlook](https://todaymarkets.com/european-gas-prices-surge-as-hormuz-disruption-tightens-winter-supply-outlook/): Today Markets Analysis: European natural gas prices remained above €82/MWh on Tuesday, reaching their highest level since late 2022 as traders increasingly focused on the potential for prolonged disruption to global LNG supplies and Europe’s already fragile winter storage position. The combination of uncertainty around the Strait of Hormuz, reduced LNG tanker traffic and ongoing […] - [Oil Edges Higher as Supply Risks Mount Across the Middle East](https://todaymarkets.com/oil-edges-higher-as-supply-risks-mount-across-the-middle-east/): Today Markets Analysis: Crude oil climbed above $102 per barrel on Tuesday, as traders continued to price heightened uncertainty around global supply and the risk of further disruption across key Middle Eastern energy routes. The latest move comes as Saudi Arabia’s East-West pipeline remains shut following drone attacks. The pipeline provides an alternative route for […] - [Gold Holds Decline as Oil Surge Strengthens Fed Rate Hike Bets](https://todaymarkets.com/gold-holds-decline-as-oil-surge-strengthens-fed-rate-hike-bets/): Today Markets Analysis: Gold has remained under pressure below $4,300 an ounce, trading close to its lowest levels in more than a month as surging oil prices reinforce expectations for tighter US monetary policy. Rising energy costs are adding to inflation concerns just as the Federal Reserve prepares for its September policy decision, while higher […] - [Dollar Extends Gains as Markets Brace for First Fed Rate Hike Since 2023](https://todaymarkets.com/dollar-extends-gains-as-markets-brace-for-first-fed-rate-hike-since-2023/): The US dollar extends its winning streak to five sessions as traders prepare for a pivotal Federal Reserve decision, with rising oil prices adding fresh pressure to the inflation outlook. The US dollar continued to strengthen on Tuesday, with the Dollar Index moving above 99.5 and recording its fifth consecutive session of gains. The latest […] - [Trade of the Day: USDIDX](https://todaymarkets.com/trade-of-the-day-usdidx/): Facts Recommendation Figure 1: USDIDX (09.10.2025 – 14.09.2026) Source: xStation5, 14.09.2026 (12:10) Opinion USDIDX has recently been supported by both rising expectations of Fed rate hikes and climbing energy commodity prices (alongside an accompanying shift away from risk among investors). Wednesday’s Federal Reserve meeting will decisively shape market conditions (and not only in FX). Given […] - [Chart of the Day: AI to Slow Down? US100 Drops 1.7% as Investors Reassess the AI Trade](https://todaymarkets.com/chart-of-the-day-ai-to-slow-down-us100-drops-1-7-as-investors-reassess-the-ai-trade/): sustainability of the artificial intelligence boom. The new week has brought a sharp deterioration in sentiment across technology markets, with the US100 falling around 1.7% at the opening. The decline comes as investors increasingly question whether expectations surrounding artificial intelligence have moved too far ahead of reality. For years, AI has been one of the […] - [The Week Ahead: Central Banks, Oil Shock and a Market Facing Three Major Tests](https://todaymarkets.com/the-week-ahead-central-banks-oil-shock-and-a-market-facing-three-major-tests/): Markets enter one of the most important weeks of September The week ahead brings an unusually concentrated combination of monetary policy decisions, inflation risks and geopolitical uncertainty. Investors will be watching the US Federal Reserve, Bank of England and Bank of Japan, while oil markets remain under pressure following disruptions to Saudi energy infrastructure and […] - [Wheat Price Forecast: Tight US Supplies and Black Sea Risks Keep Futures Range-Bound](https://todaymarkets.com/wheat-price-forecast-tight-us-supplies-and-black-sea-risks-keep-futures-range-bound/): Today Markets Analysis: Wheat futures are expected to remain broadly range-bound through late 2026, with Chicago SRW wheat likely to trade around $5.50–$6.50 per bushel under the current supply-demand balance. Tight US supplies and persistent Black Sea export risks provide a potential floor for prices, while improving global production and competition from major exporters could […] - [Coal Holds Near Three-Month High as Energy Disruptions Revive Demand](https://todaymarkets.com/coal-holds-near-three-month-high-as-energy-disruptions-revive-demand/): Today Markets Analysis: Coal prices held above $145 per tonne in mid-September, remaining close to their highest levels in three months as disruptions across global energy markets encouraged a renewed shift toward coal-fired power generation. The latest move highlights an important change in the global energy balance. While the Middle East is not a major […] - [Copper Extends Fall as Hawkish Fed Bets and Tariff Uncertainty Weigh on Industrial Metals](https://todaymarkets.com/copper-extends-fall-as-hawkish-fed-bets-and-tariff-uncertainty-weigh-on-industrial-metals/): Today Markets Analysis: Copper futures fell to around $6.40 per pound on Monday, extending last week’s losses and reaching a six-week low as expectations for tighter US monetary policy weighed on risk-sensitive industrial metals. The decline comes as markets increasingly price a 25-basis-point Federal Reserve rate hike on Wednesday, while renewed oil supply disruptions are […] - [WTI Rebounds Toward Four-Month Highs as Saudi Pipeline Shutdown Revives Supply Risks](https://todaymarkets.com/wti-rebounds-toward-four-month-highs-as-saudi-pipeline-shutdown-revives-supply-risks/): Today Markets Analysis: West Texas Intermediate (WTI) crude rebounded toward nearly four-month highs after Saudi Arabia shut its major East-West crude pipeline following drone attacks, highlighting renewed risks to Middle Eastern energy infrastructure. The disruption comes as diplomatic efforts to establish a temporary shipping corridor through the Strait of Hormuz have been postponed, leaving traders […] - [Silver Price Forecast: XAG/USD Bears Retain Control Below $64.75–$64.85](https://todaymarkets.com/silver-price-forecast-xag-usd-bears-retain-control-below-64-75-64-85/): Today Markets Analysis: Silver begins the new week on a subdued footing, holding just above $64.00 as traders remain reluctant to establish large directional positions ahead of a heavy central-bank calendar. The technical structure remains bearish, with XAG/USD trading below key resistance around $64.75–$64.91. Central Banks Put Silver Traders on Alert Silver is entering the […] - [Palm Oil Rebounds Above MYR 4,850 as Crude Strengthens and Supply Risks Persist](https://todaymarkets.com/palm-oil-rebounds-above-myr-4850-as-crude-strengthens-and-supply-risks-persist/): Today Markets Analysis: Malaysian palm oil futures rebounded above MYR 4,850 per tonne after recently falling to a two-week low, with bargain hunting and strength across rival edible oils helping prices recover. Firmer crude oil has provided an additional source of support by improving palm oil’s competitiveness as a biodiesel feedstock, although rising Malaysian inventories […] - [Cocoa Prices Retreat as Ghana Farmgate Increase Triggers Short-Covering and Supply Concerns](https://todaymarkets.com/cocoa-prices-retreat-as-ghana-farmgate-increase-triggers-short-covering-and-supply-concerns/): Today Markets Analysis: Cocoa prices have retreated towards the end of the week after a brief mid-week recovery, with the market continuing to balance improving supply prospects against renewed concerns over West African production. Ghana’s proposal to increase its 2026/27 cocoa farmgate price by around 6% has encouraged some short-covering while raising concerns that higher […] - [Arabica Coffee Prices Fall to Seven-Week Low as Brazil Harvest Boosts Supply](https://todaymarkets.com/arabica-coffee-prices-fall-to-seven-week-low-as-brazil-harvest-boosts-supply/): Today Markets Analysis: Arabica coffee prices have fallen to a seven-week low as strong Brazilian harvest output increases global supply and puts renewed pressure on prices. The larger crop is improving availability and reducing supply-cost concerns, leaving the market increasingly focused on whether demand can absorb the additional production. Brazilian Harvest Weighs on Coffee Prices […] - [Brent Crude Jumps to Four-Month High as Saudi Pipeline Shutdown Intensifies Supply Risk](https://todaymarkets.com/brent-crude-jumps-to-four-month-high-as-saudi-pipeline-shutdown-intensifies-supply-risk/): Today Markets Analysis: Brent crude surged toward $108 a barrel, reaching a four-month high after gaining more than 9% last week, as Saudi Arabia shut a major crude pipeline following drone attacks. The disruption has exposed another vulnerability in Middle Eastern energy infrastructure at a time when uncertainty surrounding the Strait of Hormuz is already […] - [Gold Remains Under Pressure as Oil Surge Revives Fed Rate-Hike Bets](https://todaymarkets.com/gold-remains-under-pressure-as-oil-surge-revives-fed-rate-hike-bets/): Today Markets Analysis: Gold prices struggled near $4,300 an ounce on Monday after falling for three consecutive weeks, as a sharp rise in oil prices strengthened expectations for tighter US monetary policy and reduced the appeal of non-yielding bullion. The latest pressure on gold comes from a combination of higher energy prices, persistent inflation and […] - [US Heating Oil Hits Record High as Tight Distillate Supplies Face Fresh Supply Risks](https://todaymarkets.com/us-heating-oil-hits-record-high-as-tight-distillate-supplies-face-fresh-supply-risks/): Today Markets Analysis: US heating oil prices have climbed to around $5.10 per gallon, reaching a record high as mounting disruptions across global crude and refined-product supply chains intensify pressure on an already-tight distillate market. With US inventories well below their historical average, refinery capacity close to its limits and the winter heating season approaching, […] - [European Gas Jumps as Middle East Tensions Persist](https://todaymarkets.com/european-gas-jumps-as-middle-east-tensions-persist/): European natural gas prices jumped more than 3% to above €82/MWh on Monday, the highest level since December 2022, as tensions in the Middle East persist. Saudi Arabia has closed a critical oil pipeline after drone attacks, while an advance by Yemen’s Houthis fueled concerns over further disruptions to global energy supplies. Meanwhile, a meeting […] - [US Gasoline Prices Near Seven-Week High as Global Supply Disruptions Intensify](https://todaymarkets.com/us-gasoline-prices-near-seven-week-high-as-global-supply-disruptions-intensify/): Today Markets Analysis: US gasoline prices have risen to around $3.37 per gallon, approaching a seven-week high as a series of disruptions across the global oil and refining network raise concerns about crude availability and refined-product supplies. From Saudi Arabia and the Strait of Hormuz to the Red Sea and Russian refineries, multiple supply risks […] - [Dollar Edges Higher Ahead of Fed Meeting](https://todaymarkets.com/dollar-edges-higher-ahead-of-fed-meeting/): The dollar index rose toward 99.2 on Monday, gaining for a fourth consecutive session as investors prepared for the upcoming Federal Reserve policy meeting while assessing the impact of surging oil prices. Markets are currently pricing in an 86% probability that the Fed will raise its policy rate by 25 basis points on Wednesday, with […] - [Soybeans Hold Near $13 as Strong Chinese Buying Offsets Record US Crop Forecast](https://todaymarkets.com/soybeans-hold-near-13-as-strong-chinese-buying-offsets-record-us-crop-forecast/): Today Markets Analysis: Soybean futures held around $13 per bushel, close to their highest level since December 2023, as strong Chinese demand and a sharp rise in oil prices provided support despite the USDA raising its forecast for US soybean production to a record level. The market is therefore facing a familiar commodity tension: ample […] - [Corn Futures Hold Near Multi-Year Highs as US Crop Forecast Falls and Black Sea Risks Persist](https://todaymarkets.com/corn-futures-hold-near-multi-year-highs-as-us-crop-forecast-falls-and-black-sea-risks-persist/): Today Markets Analysis: Corn futures are holding around $5.30 per bushel, remaining close to their highest level since mid-2023 as tightening US production estimates and persistent risks to Black Sea grain flows provide support. Traders are now assessing the latest USDA supply-and-demand forecasts alongside growing concerns over Ukrainian export infrastructure and the potential impact on […] - [When Financial Journalism Starts Telling Readers What to Think](https://todaymarkets.com/when-financial-journalism-starts-telling-readers-what-to-think/): Today Markets Analysis: Financial journalism has one fundamental responsibility: to give readers the facts, the numbers and the economic relationships needed to reach their own conclusions. When reporting begins to tell readers which conclusion they should reach, journalism moves away from informing and towards interpretation. That distinction matters more than ever. Across much of the […] - [Europe’s Labour Paradox: More Workers, or More Productive Workers?](https://todaymarkets.com/europes-labour-paradox-more-workers-or-more-productive-workers/): Today Markets Analysis: Europe has spent years treating demographic decline as fundamentally a shortage of people. But the economic problem is more complicated. A larger population does not automatically mean a more productive economy. As artificial intelligence, automation and productivity-enhancing technology change the amount and type of labour businesses require, Europe faces a more fundamental question: should […] - [Adobe Delivers Strong Results, but Falls Short of Expectations. The Market Fears the Impact of AI](https://todaymarkets.com/adobe-delivers-strong-results-but-falls-short-of-expectations-the-market-fears-the-impact-of-ai/): Today Markets Analysis: Adobe delivered another strong quarter, with double-digit revenue growth, record operating cash flow, very high margins and continued expansion in recurring revenue. Yet Adobe shares came under pressure following the results as investors focused on guidance for the next quarter, which fell short of elevated market expectations. The reaction highlights an increasingly […] - [Oracle Earnings: Strong Cloud Growth, but Cash Flow and Debt Concerns Remain](https://todaymarkets.com/oracle-earnings-strong-cloud-growth-but-cash-flow-and-debt-concerns-remain/): Today Markets Analysis: Oracle delivered a stronger-than-expected earnings report after the close of the US session on September 10, with particularly impressive growth across its cloud infrastructure business. However, while the headline numbers were positive, the results leave investors with important questions about cash generation, capital expenditure and the quality of Oracle’s rapidly expanding backlog. […] - [Three Markets to Watch Next Week: USD/JPY, Gold and Nasdaq 100 Face Major Central-Bank Test](https://todaymarkets.com/three-markets-to-watch-next-week-usd-jpy-gold-and-nasdaq-100-face-major-central-bank-test/): Today Markets Analysis: The past week leaves financial markets facing a potentially significant increase in volatility as investors prepare for an unusually concentrated run of central-bank decisions. Oil prices surge more than 8% over five sessions, Brent remains above $104 per barrel, and persistent supply disruptions and attacks on energy infrastructure keep inflation risks elevated. […] - [Weekly Market Recap: Wall Street Shrugs Off Hot Inflation as Oil Retreats Despite Geopolitical Risks](https://todaymarkets.com/weekly-market-recap-wall-street-shrugs-off-hot-inflation-as-oil-retreats-despite-geopolitical-risks/): Today Markets Analysis: Global markets close the week with investors balancing hotter-than-expected US inflation, shifting Federal Reserve expectations, falling oil prices and escalating geopolitical risks. Wall Street stages a strong rebound despite the renewed prospect of tighter monetary policy, while precious metals recover and crude oil records a sharp correction after a powerful weekly rally. […] - [The Monday Trade: Silver — Precious Metals Set Up for a Volatile Week Ahead of the Fed](https://todaymarkets.com/the-monday-trade-silver-precious-metals-set-up-for-a-volatile-week-ahead-of-the-fed/): Today Markets Analysis: Silver enters Monday’s session with precious metals supported by a combination of persistent inflation concerns, elevated US Treasury yields and growing uncertainty around the Federal Reserve’s September policy decision. Markets are currently pricing an approximately 88% probability of a rate hike, making the decision itself increasingly well anticipated. The bigger question for […] - [Commodity Talk: How Long Can Oil Prices Stay Elevated?](https://todaymarkets.com/commodity-talk-how-long-can-oil-prices-stay-elevated/): Today Markets Analysis: Energy markets dominated the commodity landscape this week as the escalating US-Iran conflict pushed Brent crude back above the psychologically important $100 per barrel threshold. Brent gained 8.3% on the week, returning to levels last seen in May, while natural gas has surged around 30% over the past month. With no ceasefire […] - [Silver Price Forecast: Bears Retain Control as XAG/USD Fails to Reclaim Key Neckline](https://todaymarkets.com/silver-price-forecast-bears-retain-control-as-xag-usd-fails-to-reclaim-key-neckline/): Today Markets Analysis: Silver prices recovered more than 1% from their two-day lows on Friday, but the rebound has yet to change the short-term technical picture. XAG/USD remains below the key $64.10–$64.15 head-and-shoulders neckline, leaving sellers in control while momentum indicators continue to favour the downside. Silver Rebounds, but Neckline Remains a Barrier Silver traded […] - [Taiwan Dollar: CBC seen on hold before December hike – DBS](https://todaymarkets.com/taiwan-dollar-cbc-seen-on-hold-before-december-hike-dbs/): DBS Group Research expects Taiwan’s central bank to keep its policy rate unchanged on September 17, before raising it to 2.125% in December. Analysts Taimur Baig and Chang Wei Liang highlight subdued August CPI, but anticipate a somewhat hawkish tone as the CBC remains vigilant on supply‑side inflation risks, higher wages and recovering domestic consumption. […] - [WTI Crude Oil Falls as Hormuz Talks Ease Supply Risk, but Tight Inventories Support Prices](https://todaymarkets.com/wti-crude-oil-falls-as-hormuz-talks-ease-supply-risk-but-tight-inventories-support-prices/): Today Markets Analysis: WTI crude oil fell sharply before recovering part of its losses as reports of diplomatic efforts surrounding the Strait of Hormuz reduced some of the immediate supply-risk premium in oil markets. However, severely depleted global inventories, disrupted Gulf production and elevated freight costs continue to provide an important floor beneath prices. WTI […] - [Chinese Yuan: Bullish bias fades against dollar – UOB](https://todaymarkets.com/chinese-yuan-bullish-bias-fades-against-dollar-uob/): United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann reports that USD/CNH has bounced sharply to 6.7153, with intraday gains likely capped near 6.7200. The bank’s earlier negative stance has softened as downward momentum fades, and over the next one to three weeks, it now expects the pair to edge higher within […] - [Bank of Japan: Gradual path toward neutral rate – ING](https://todaymarkets.com/bank-of-japan-gradual-path-toward-neutral-rate-ing/): ING analysts Chris Turner and Padhraic Garvey argue the Bank of Japan is likely to hike 25bp to 1.25% and then proceed cautiously. They see government resistance to aggressive tightening and project two additional 25bp hikes in January and April, taking the policy rate to 1.75%, which they view as near‑neutral ahead of a temporary […] - [US Inflation Keeps Fed Rate-Hike Bets Firm as Consumer Sentiment Weakens](https://todaymarkets.com/us-inflation-keeps-fed-rate-hike-bets-firm-as-consumer-sentiment-weakens/): Today Markets Analysis: US inflation accelerated in August as gasoline prices surged, while core inflation also came in above expectations. The combination of renewed energy-price pressure and persistent underlying inflation has strengthened expectations for tighter Federal Reserve policy, pushing Treasury yields higher and weighing on the economic outlook even as US equity futures found some […] - [Copper Hits Record High as Mine Supply Disruptions and AI Demand Push Prices Toward $6.80](https://todaymarkets.com/copper-hits-record-high-as-mine-supply-disruptions-and-ai-demand-push-prices-toward-6-80/): Copper is currently trading at record levels near $6.80 per pound, with persistent supply concerns and strong structural demand continuing to drive the market higher. The latest rally is being supported by disruptions at major mines, declining ore grades and weaker production from Chile, while demand from electricity grids, artificial intelligence infrastructure and the defense sector remains robust. The copper market is increasingly being defined by a potential mismatch between limited mine supply growth and rising demand from electrification and technology investment. At the same time, proposed U.S. copper tariffs introduce another major variable for global trade flows and regional pricing. […] - [Soybean Prices Hold Near $13.25 as US-China Trade Talks, U.S. Harvest Progress and South American Supply Shape the Market Outlook](https://todaymarkets.com/soybean-prices-hold-near-13-25-as-us-china-trade-talks-u-s-harvest-progress-and-south-american-supply-shape-the-market-outlook/): Soybean futures are currently holding close to the $13.25 per bushel area as traders balance strong U.S. harvest progress against weather disruptions, uncertain U.S.-China trade relations and expectations for larger South American production. The soybean market is entering a particularly important period, with the U.S. harvest already running ahead of its normal pace while traders await a meeting between U.S. and Chinese leaders that could influence the outlook for agricultural trade. At the same time, Argentina is projecting a larger soybean crop for 2026/27, Brazil continues to ship substantial volumes and China remains an important source of underlying demand. The immediate […] - [Wheat Futures Under Pressure as U.S. Planting, Argentina Supply and Global Export Flows Shape the 2026/27 Market Outlook](https://todaymarkets.com/wheat-futures-under-pressure-as-u-s-planting-argentina-supply-and-global-export-flows-shape-the-2026-27-market-outlook/): Wheat futures are currently under pressure across Chicago SRW, Kansas City HRW and Minneapolis spring wheat, with the latest price action reflecting a combination of seasonal supply expectations, improving U.S. harvest progress and uncertainty surrounding the pace of winter wheat planting. At the same time, weather conditions across the U.S. Plains, a projected decline in Argentina’s wheat production and firm European export activity are providing important counterweights to the bearish pressure. The wheat market is entering a period where new-crop planting conditions, global production estimates, export competitiveness and weather risks will increasingly determine price direction. While the completed spring wheat harvest […] - [Live Cattle Prices Under Pressure as Tight Cattle Supplies Support Beef Values](https://todaymarkets.com/live-cattle-prices-under-pressure-as-tight-cattle-supplies-support-beef-values/): Live cattle markets are currently facing a mixed fundamental picture, with futures under pressure even as wholesale beef values strengthen and federally inspected slaughter remains well below last year’s levels. The combination of tighter cattle numbers, reduced slaughter and stronger boxed beef prices is providing underlying support to the cash market, while weaker futures and softer feeder cattle prices are reflecting near-term uncertainty. Live cattle futures are currently trading lower across the nearby contracts, while feeder cattle have also pulled back after recent strength. The CME Feeder Cattle Index stands at $338.74, following a 71-cent decline on September 21. At the […] - [Coffee Prices Fall to Three-Month Lows as Record Global Supply Outlook Weighs on Arabica and Robusta](https://todaymarkets.com/coffee-prices-fall-to-three-month-lows-as-record-global-supply-outlook-weighs-on-arabica-and-robusta/): Coffee prices are currently under significant pressure as expectations for abundant global supplies continue to outweigh concerns over tight inventories and potential weather risks. December ICE arabica coffee has fallen sharply to around three-month lows, while November ICE robusta has also weakened substantially as rising exchange inventories reinforce the growing supply narrative. The latest move lower extends a three-week period of weakness in the coffee market. The International Coffee Organization is projecting record global production for 2025/26 and a return to surplus, while the USDA expects another record crop in 2026/27. At the same time, favourable rainfall across Brazil and Vietnam […] - [Cocoa Prices Rebound as Ivory Coast Weather Raises 2026/27 Supply Risks](https://todaymarkets.com/cocoa-prices-rebound-as-ivory-coast-weather-raises-2026-27-supply-risks/): Cocoa prices are currently attempting to stabilise after a sharp correction from the highs reached around the turn of September, with renewed short covering emerging as traders assess the potential impact of drier weather on the developing 2026/27 West African crop. December ICE NY cocoa is currently trading around the recent recovery area after settling 51 points, or 0.95%, higher, while December ICE London cocoa #7 gained 37 points, or 0.93%. The latest price action highlights the increasingly divided cocoa market. Current physical supply remains relatively strong, particularly in the Ivory Coast, while exchange inventories have risen substantially. At the same […] - [Sugar Prices Rebound as Brazil Rain Slows Harvest While Global Deficit Risks Build Into 2027](https://todaymarkets.com/sugar-prices-rebound-as-brazil-rain-slows-harvest-while-global-deficit-risks-build-into-2027/): Sugar markets are currently balancing two opposing forces: near-term demand weakness and improving physical availability on one side, against growing production risks in Brazil, India and Thailand on the other. NY world sugar #11 has recently come under pressure after reaching a multi-month high earlier in September, but prices recovered as concerns over excessive Brazilian rainfall began to affect expectations for the pace of the Center-South harvest. October NY world sugar #11 settled at 17.58 cents per pound, up 0.11 cents, or 0.63%, while December London ICE white sugar #5 gained 0.40 points, or 0.08%. The recovery followed an earlier decline […] - [Cotton Prices Slip as US Crop Conditions Deteriorate and Certified Stocks Tighten](https://todaymarkets.com/cotton-prices-slip-as-us-crop-conditions-deteriorate-and-certified-stocks-tighten/): Cotton futures closed lower on Tuesday, with contracts falling between 16 and 55 points as pressure from weaker crude oil prices and a firmer US dollar outweighed signs of tightening certified cotton availability. The latest USDA data also showed US cotton ginnings running below last year’s pace, while crop condition ratings remained weak, particularly in Texas. The October 2026 Cotton contract closed at 79.69 cents per pound, down 16 points, while December cotton fell 55 points to 82.87 cents. March 2027 cotton declined 51 points to 85.57 cents. US Cotton Ginnings Lag Last Year’s Pace USDA’s latest Cotton Ginnings report showed […] - [New Zealand Dollar: Hawkish RBNZ pricing supports kiwi – MUFG](https://todaymarkets.com/new-zealand-dollar-hawkish-rbnz-pricing-supports-kiwi-mufg/): MUFG’s Lee Hardman highlights the New Zealand Dollar (NZD) as the main overnight mover, boosted by hawkish guidance from Reserve Bank of New Zealand (RBNZ) Governor Breman. His comments on higher Oil-driven inflation have reinforced expectations for a third consecutive 25 bps hike next month. Stronger-than-expected Q2 growth and markets pricing over 100 bps of tightening by next summer underpin the kiwi’s firmer tone. Kiwi lifted by RBNZ tightening bets “While rising US rates are encouraging a stronger US dollar, the positive impact is being offset by expectations for further policy tightening outside of the US as well. The bigger mover overnight in […] - [WTI falls to near $90.00 after news of Iran proposing reopening Hormuz](https://todaymarkets.com/wti-falls-to-near-90-00-after-news-of-iran-proposing-reopening-hormuz/): West Texas Intermediate (WTI) extends its losing streak after losing daily gains, trading around $90.20 per barrel during the European hours on Tuesday. Crude oil prices lose ground after Kyodo News noted a senior Iranian official, saying that Iran has offered to reopen the vital Strait of Hormuz within seven days on the condition that the United States takes concrete initial steps toward reducing economic and military pressure on Tehran. The diplomatic proposal was transmitted to Washington through third-party intermediaries as international leaders gather for the United Nations General Assembly in New York. Iranian officials plan to leverage the summit to engage with mediator nations […] - [Federal Reserve: Hiking path constrained by supply shocks – BNY](https://todaymarkets.com/federal-reserve-hiking-path-constrained-by-supply-shocks-bny/): John Velis at BNY Markets argues that current US inflation is being driven by non-rate-sensitive components of core PCE, limiting how effective further Federal Reserve tightening can be. He expects one more rate hike in December 2026 but questions whether all the hikes priced for 2027 will be delivered, given the nature of the inflation shock and potential demand destruction. Policy hikes face structural inflation limits “We expect the Fed to raise rates once more for 2026 at the December meeting. Into 2027, we’re less sure whether the Fed can proceed with as many hikes as the market has priced in. […] - [Australian Dollar: Consolidation continues below resistance against US Dollar - UOB](https://todaymarkets.com/australian-dollar-consolidation-continues-below-resistance-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann see AUD/USD consolidating around 0.7120 after a brief spike to 0.7140. Intraday price action is viewed as part of a 0.7105–0.7135 range. They still hold a negative 1–3 week stance, conditional on resistance at 0.7140, but acknowledge that the probability of a drop to 0.7050 has diminished considerably. Australian Dollar stuck in tight range “24-HOUR VIEW: Yesterday, AUD rose briefly to 0.7140 before retreating to close 0.11% lower at 0.7119. The brief advance did not result in any increase in upward momentum, and the current price movements are likely part of a […] - [Commodity Talk - Oil, Natgas, Cotton, Cocoa](https://todaymarkets.com/commodity-talk-oil-natgas-cotton-cocoa/): Key takeaways Market Situation Since the beginning of this year, orange juice, coffee, and US natural gas remain sharply lower. Precious metals, except gold (which posts a minimal YTD decline), remain low. A large portion of commodities show rather negative signals from MACD. Source: XTB From a slightly shorter-term perspective (1 year), highly overbought markets include corn, sugar, soybeans, and European gas. At the same time, lean hogs remain heavily oversold, with coffee and cattle also somewhat oversold. Source: XTB Natgas Fundamental and Market Context Warm temperatures in the US in the near term could delay the start of the heating […] - [Markets - US500 at Record High](https://todaymarkets.com/markets-us500-at-record-high/): Wall Street indices hit new record highs. What’s next for S&P 500?U.S. index futures are coming off their strongest session in several months, which pushed the S&P 500 futures contract ( US500 ) to fresh all-time highs. The move was driven largely by falling oil prices. Investors’ attention is now gradually shifting toward the next earnings season, which begins in around three weeks and for which analysts remain highly optimistic. S&P 500 earnings outlook remains strong for Q3 Expectations for S&P 500 earnings have improved noticeably over the course of the third quarter. Consensus currently points to year-over-year earnings growth of […] - [Talking Nasdaq - Is it Overvalued?](https://todaymarkets.com/talking-nasdaq-is-it-overvalued/): One word keeps coming up in connection with the Nasdaq: “expensive.” And it’s hardly surprising, because when you look at the trailing price-to-earnings ratio, which is nearing 31, and add to that the price-to-sales ratio and EV/EBITDA, the picture does indeed look challenging. The problem is that the market isn’t always valued through the lens of the past. There are many dogmas in the financial market, and one of them is the view that an investor buying stocks today is paying not for the earnings that companies have already generated, but for those they are expected to generate in the future. […] - [UK borrowing is above target, again, as Brent gets back above $100](https://todaymarkets.com/uk-borrowing-is-above-target-again-as-brent-gets-back-above-100/): Key takeaways The UK’s public finance data for August made for more grim reading on the state of the UK’s public finances. The UK borrowed £18.3bn last month, up nearly 20% compared to a year ago, partly due to the impact of inflation. Borrowing in the financial year to August remains £8.1bn above the official government forecast for another month, which suggests that borrowing forecasts will need to be revised higher in next month’s Budget. Government’s fiscal dreams not yet reality The higher borrowing figure for August compared to a year ago came even though self-assessed income tax receipts were £1.9bn […] - [Chart of the Day: Record session for US100 behind us](https://todaymarkets.com/chart-of-the-day-record-session-for-us100-behind-us/): Record session, although the record requires comment Monday’s session on Nasdaq 100 futures brought massive gains, the largest in a long time, with the US100 logging its best day since early August. Futures closed at new historical highs around the 30,820 point level, although it is worth adding a small asterisk right away. This new record on futures contracts is largely the result of the recent contract rollover after September 16, which raised the reference level. The cash index has not yet established a new peak, as its all-time closing high stands at 30,660.60 from June 2, and intraday at 30,762.20 […] - [ XAG/USD holds losses near $66.00 amid Fed rate hike bets](https://todaymarkets.com/xag-usd-holds-losses-near-66-00-amid-fed-rate-hike-bets/): Silver price (XAG/USD) inches lower after opening at a bullish gap, trading around $66.00 per troy ounce during Asian hours on Tuesday. Non-yielding Silver remains under pressure as hawkish remarks from Federal Reserve (Fed) officials have reinforced expectations for additional US interest rate hikes. Musalem flags need for earlier, incremental hikes as inflation risks stay elevated The Fed’s Musalem delivers a distinctly hawkish tone, with an FXS Speechtracker score of 8/10, stronger relative to the historical average of 7.4/10. Musalem warns that without further policy restraint, inflation is likely to remain substantially above the 2% target over the next 18 months, […] - [WTI Crude Oil Forecast: Bulls Target $93 as Geopolitical Risk Supports Oil Above Key Fibonacci Levels](https://todaymarkets.com/wti-crude-oil-forecast-bulls-target-93-as-geopolitical-risk-supports-oil-above-key-fibonacci-levels/): WTI crude oil prices recovered toward $93.00 per barrel on Tuesday after falling for four consecutive sessions and briefly slipping below $91.00, marking the lowest level in almost two weeks. The rebound reflects renewed buying interest as geopolitical tensions in the Middle East continue to provide support to the oil market. The latest recovery comes as Iran’s Islamic Revolutionary Guard Corps warned that it could expand the geographical scope of the conflict if the United States escalates its involvement. The threat keeps a significant geopolitical risk premium embedded in crude prices and provides a fundamental tailwind for WTI. However, improving energy […] - [Gold Price Forecast: Gold Falls Toward $4,350 as Hawkish Fed Comments Lift Rate Hike Expectations](https://todaymarkets.com/gold-price-forecast-gold-falls-toward-4350-as-hawkish-fed-comments-lift-rate-hike-expectations/): Gold prices traded near $4,350 an ounce on Tuesday, extending the previous session’s decline as hawkish comments from Federal Reserve officials strengthened expectations that US interest rates could remain higher for longer or potentially rise further. Higher interest-rate expectations are weighing on gold by increasing the opportunity cost of holding a non-yielding asset while also supporting the US dollar. The latest pressure follows comments from Chicago Fed President Austan Goolsbee and St. Louis Fed President Alberto Musalem. Goolsbee indicated that the Federal Reserve must take persistent supply shocks into account when assessing inflation, while Musalem said additional rate increases may be […] - [Heating Oil Price Forecast: US Heating Oil Falls Below $4.90 as Supply Risks Persist Ahead of Winter](https://todaymarkets.com/heating-oil-price-forecast-us-heating-oil-falls-below-4-90-as-supply-risks-persist-ahead-of-winter/): US heating oil prices fell below $4.90 per gallon, extending their retreat from the record high reached last week as improving energy flows through the Strait of Hormuz and renewed diplomatic efforts eased immediate concerns over global fuel supplies. The decline reflects a reduction in the geopolitical risk premium that had pushed heating oil prices sharply higher. Satellite data indicated that Saudi oil loadings in the Persian Gulf surged, suggesting that exports were increasingly shifting back toward the Strait of Hormuz despite the continued shutdown of the East-West pipeline. Reports that the pipeline could partially restart within days have further reduced […] - [Copper Price Forecast: Copper Extends Six-Session Rally Above $6.70 as Supply Disruptions Tighten the Market](https://todaymarkets.com/copper-price-forecast-copper-extends-six-session-rally-above-6-70-as-supply-disruptions-tighten-the-market/): Copper futures climbed above $6.70 per pound on Tuesday, extending the rally to a sixth consecutive session as growing concerns over global mine supply continued to support prices. The latest move higher comes despite copper already trading at historically elevated levels, with supply disruptions, declining ore grades and weak production from Chile adding to concerns that global mine output may struggle to keep pace with consumption. Sprott Asset Management estimates that global mined copper production could decline in 2026 for the first time since 2017. Global mine production was already 1.1% lower year over year during the first half of 2026, […] - [Platinum Price Forecast: Platinum Holds Near $1,800 as Dollar Strength Offsets Tight Supply Fundamentals](https://todaymarkets.com/platinum-price-forecast-platinum-holds-near-1800-as-dollar-strength-offsets-tight-supply-fundamentals/): Platinum futures traded around $1,800 an ounce, remaining rangebound as opposing macroeconomic forces kept prices contained. A firmer US dollar created headwinds for the precious metal, while falling oil prices reduced inflationary pressures and eased concerns over further interest-rate increases. The retreat in oil prices has been linked to increasing diplomatic efforts to resolve the Middle East conflict and restore energy flows. Lower energy costs can reduce inflation expectations, potentially lowering the opportunity cost of holding a non-yielding asset such as platinum. However, the Federal Reserve remains a significant source of uncertainty. Hawkish comments from Fed officials have reinforced expectations for […] - [European Natural Gas Price Forecast: TTF Gas Rebounds as Middle East Risks and Low German Storage Keep Winter Supply in Focus](https://todaymarkets.com/european-natural-gas-price-forecast-ttf-gas-rebounds-as-middle-east-risks-and-low-german-storage-keep-winter-supply-in-focus/): European natural gas prices rebounded toward €74 per megawatt-hour on Tuesday, recovering after falling almost 8% in the previous session to a two-week low. The sharp reversal highlights how quickly European gas markets are responding to changes in geopolitical risk, LNG shipping conditions and expectations for winter supply. The latest decline had been driven by renewed diplomatic efforts aimed at ending the Middle East conflict, alongside improving vessel flows from the Gulf. Markets are now closely watching potential developments involving US President Donald Trump and Iranian President Masoud Pezeshkian, with any progress toward negotiations potentially reducing concerns over prolonged disruption to […] - [Coffee Price Forecast: Arabica and Robusta Fall to 3-Month Lows as Record Supply Weighs on Prices](https://todaymarkets.com/coffee-price-forecast-arabica-and-robusta-fall-to-3-month-lows-as-record-supply-weighs-on-prices/): Coffee prices came under renewed pressure on Monday, with both arabica and robusta futures falling to three-month lows as expectations for abundant global supplies continued to dominate market sentiment. December ICE arabica coffee settled 4.10 points lower at 277.10, down 1.46%, while November ICE robusta coffee declined 59 points to 3,335, a loss of 1.74%. The coffee market has been under pressure for approximately three weeks as traders increasingly focus on expectations for record global production during the 2025/26 and 2026/27 seasons. The International Coffee Organization has projected a return to a global surplus, while the latest USDA outlook points to […] - [Cocoa Price Forecast: Cocoa Recovers From 8-Week Lows as Dry Weather and West African Crop Risks Support Prices](https://todaymarkets.com/cocoa-price-forecast-cocoa-recovers-from-8-week-lows-as-dry-weather-and-west-african-crop-risks-support-prices/): Today Markets Analysis Cocoa prices recovered from eight-week lows on Monday as short-covering emerged amid concerns that forecast dry weather in the Ivory Coast could place additional stress on cocoa trees and reduce yields during the 2026/27 crop season. December ICE NY cocoa settled 24 points higher at 5,354, while December ICE London cocoa #7 gained 27 points to 3,948. The recovery comes after cocoa prices came under significant pressure during the previous three weeks as evidence of stronger production from the Ivory Coast and rising exchange inventories encouraged bearish sentiment. However, the market is now balancing those supply improvements against […] - [Sugar Price Forecast: NY Sugar Recovers as Global Deficit Risks Clash With Weak Physical Demand](https://todaymarkets.com/sugar-price-forecast-ny-sugar-recovers-as-global-deficit-risks-clash-with-weak-physical-demand/): Sugar prices recovered from three-and-a-half-week lows on Monday, with NY World Sugar #11 finishing higher while London white sugar closed slightly lower. The market remains caught between short-term demand concerns and longer-term risks of a tightening global sugar balance. October NY World Sugar #11 closed 0.12 points higher at 17.52 cents per pound, a gain of 0.69%, while December London ICE White Sugar #5 fell 1.30 points to 503.20 dollars per tonne, down 0.26%. The recovery in New York sugar was partly linked to strength in the Brazilian real, which reached a one-week high against the US Dollar. A stronger real […] - [Cotton Futures Rally as US-China Trade Hopes Boost Market Risk Appetite](https://todaymarkets.com/cotton-futures-rally-as-us-china-trade-hopes-boost-market-risk-appetite/): Cotton futures rallied strongly across the board on Monday as traders returned to the market with increased risk appetite ahead of this week’s US-China meeting. Contracts closed 110 to 247 points higher, led by the front months. October 2026 cotton gained 247 points to 79.85 cents per pound, while December futures advanced 227 points to 83.42 cents. March 2027 cotton rose 229 points to 86.08 cents. The rally came despite a stronger US Dollar Index and another sharp decline in crude oil prices, with crude falling $4.81 per barrel during the session. The latest US crop data showed that 65% of […] - [Live Cattle Futures Surge as Tight Placements and Strong Beef Prices Support Market](https://todaymarkets.com/live-cattle-futures-surge-as-tight-placements-and-strong-beef-prices-support-market/): Live cattle futures rallied sharply on Monday, with contracts closing $3.87 to $5.95 higher as traders responded to tightening cattle supplies, strong wholesale beef prices and the latest US Cattle on Feed data. October 2026 live cattle settled at $220.950, up $5.025, while December futures gained $5.375 to $222.000. February 2027 live cattle advanced $5.750 to $223.100. Feeder cattle futures also posted substantial gains. September feeder cattle closed at $337.475, up $3.90, while October gained $6.75 to $330.250 and November advanced $8.10 to $326.100. The rally came despite relatively quiet cash trade at the beginning of the week, with feedlots still […] - [Corn Futures Rally as US Exports Surge and US-China Trade Hopes Build](https://todaymarkets.com/corn-futures-rally-as-us-exports-surge-and-us-china-trade-hopes-build/): Corn futures rallied strongly on Monday as money flowed back into the market ahead of this week’s US-China meeting, with buyers increasing exposure across the futures curve. Corn contracts closed 3¼ to 15½ cents higher, led by the front months. December 2026 corn settled at $5.43 per bushel, up 15½ cents, while March 2027 gained 15¼ cents to $5.56¾. The national average cash corn price rose 15½ cents to $4.98¾. The latest US crop data provided a mixed but generally supportive backdrop. Approximately 58% of the US corn crop was mature as of September 20, while harvesting reached 13% complete, ahead […] - [Soybeans Rally as US Export Demand and US-China Trade Hopes Support Prices](https://todaymarkets.com/soybeans-rally-as-us-export-demand-and-us-china-trade-hopes-support-prices/): Soybean futures rallied strongly on Monday as traders returned to the market with increased risk appetite, lifting prices across the complex. Front-month soybean futures closed 15 to 24 cents higher, while soybean meal and soybean oil also advanced. November 2026 soybeans settled at $13.28 per bushel, up 24½ cents, while January 2027 futures gained 24 cents to $13.44. March 2027 soybeans closed at $13.51¾, up 22¼ cents. The latest US crop data showed that 62% of the soybean crop had dropped leaves by September 20, while harvesting reached 12% complete, ahead of the five-year average pace of 8%. Export demand also […] - [Wheat Prices Rise as Black Sea Tensions Support Markets](https://todaymarkets.com/wheat-prices-rise-as-black-sea-tensions-support-markets/): Wheat futures moved higher across all three major US exchanges on Monday as tensions surrounding the Black Sea failed to ease over the weekend, keeping concerns about global grain supplies and export flows in focus. Chicago SRW wheat futures gained between 5 ¾ and 12 ¾ cents, while KC HRW futures advanced 4 to 10 ¾ cents. Minneapolis spring wheat also strengthened, rising between 4 ½ and 5 ¾ cents. The December 2026 CBOT wheat contract settled at $7.26¾ per bushel, up 12½ cents, while March 2027 CBOT wheat closed at $7.42¾, up 12¾ cents. The December KC HRW contract finished […] - [Chart of the Day: European Gas (NATGAS.EU) below 80 EUR, but Goldman Sachs warns of 105 EUR/MWh.](https://todaymarkets.com/chart-of-the-day-european-gas-natgas-eu-below-80-eur-but-goldman-sachs-warns-of-105-eur-mwh/): In the European gas market (Dutch TTF benchmark), we are observing a sharp sell-off today, with prices falling below the key level of 80 EUR/MWh. Recently, we have seen a strong correlation with oil prices, linked to shared concerns over Middle Eastern supply and rising demand in Asia for both oil and gas. Today, despite local calm, an analysis of market fundamentals and the latest forecasts from investment bank Goldman Sachs indicate that the European fuel market is entering the heating season on highly volatile ground. European gas leads today’s declines in the commodities market, following crude oil prices. Source: XTB […] - [Japanese Yen: BoJ rate check limits yen downside – MUFG](https://todaymarkets.com/japanese-yen-boj-rate-check-limits-yen-downside-mufg/): MUFG’s Lee Hardman notes that the Japanese Yen initially weakened sharply after the latest BoJ policy update, with USD/JPY briefly above 158.00 before retreating towards 157.00. Reports of a BoJ rate check signalled readiness to intervene, capping near-term Yen weakness as USD/JPY approaches 160.00. MUFG sees a “new phase” of policy consistent with rate hikes roughly every three months, with external factors like higher US yields and energy prices still pressuring the Yen. BoJ signals limited yen weakness tolerance “The yen initially weakened sharply after the BoJ’s latest policy update on Friday resulting in USD/JPY hitting a high of 158.05 but […] - [US Dollar: Post-FOMC gains face higher hurdle – OCBC](https://todaymarkets.com/us-dollar-post-fomc-gains-face-higher-hurdle-ocbc/): OCBC’s Christopher Wong notes that the US Dollar Index (DXY) has held a firmer tone after the FOMC’s 25 bp hike and a higher rate path, supported by elevated US Treasury yields. However, he stresses that further USD upside now likely requires another leg higher in yields or stronger US data, with key resistance around 100.32–100.60 and support near 99.90–99.20 guiding near-term price action. Fed repricing lifts Dollar but cautiously “For now, the Fed’s renewed tightening bias and still-elevated UST yields should keep some support under the USD. But after the repricing last week, the hurdle for another meaningful leg higher […] - [Euro: Downside risks persist despite ECB hike call – ING](https://todaymarkets.com/euro-downside-risks-persist-despite-ecb-hike-call-ing/): ING’s Francesco Pesole explains that despite political noise in Germany and an additional ECB hike now expected in December, ING keeps its EUR/USD profile unchanged with a 1.160 year-end target. He sees similar front-end pricing for EUR and USD, expects dovish repricing on lower energy prices, but highlights mostly downside risks for EUR/USD this week, especially if Brent rises and Fed hike odds increase. ECB shift but profile unchanged “Alongside our Fed call, we’ve changed our ECB forecast and now expect another hike in December. However, we’ve kept our EUR/USD profile unchanged, still targeting 1.160 for year-end. The main reason is that EUR and USD […] - [The Week Ahead: Fuel Prices, Bond Markets and PMI Data in Focus](https://todaymarkets.com/the-week-ahead-fuel-prices-bond-markets-and-pmi-data-in-focus/): Financial markets enter the final weeks of the third quarter with uncertainty and volatility still elevated, although a decline in oil prices and renewed optimism surrounding US-China engagement have provided some relief to equities at the start of the week. Brent crude has fallen back toward $101.70 a barrel, while European shares and US equity futures opened higher on Monday as investors responded to easing oil prices and expectations for further diplomatic engagement. Global bond markets have also shown signs of stabilisation after a prolonged period of rising yields, although the average 10-year yield across G7 economies remains around its highest […] - [Silver Price Forecast: XAG/USD Holds Above $66 as Fed Policy and Middle East Risks Drive the Outlook](https://todaymarkets.com/silver-price-forecast-xag-usd-holds-above-66-as-fed-policy-and-middle-east-risks-drive-the-outlook/): Silver prices are consolidating around $66.35 per ounce at the start of the week after posting a strong recovery through the second half of last week. The white metal remains above its short-term trend support, but gains have paused as traders assess the Federal Reserve’s renewed tightening cycle, changing expectations for inflation and developments surrounding the Middle East. Spot silver closed around $66.35 on Friday, after rising sharply from the week’s low near $62.30. The September 18 session saw silver trade between approximately $65.35 and $67.34, highlighting the elevated volatility that continues to characterise the precious-metals market. The immediate macroeconomic focus […] - [Iron Ore Price Forecast: Iron Ore Rises Above CNY 715 as Chinese Mills Restock Ahead of Golden Week](https://todaymarkets.com/iron-ore-price-forecast-iron-ore-rises-above-cny-715-as-chinese-mills-restock-ahead-of-golden-week/): Chinese iron ore futures climbed above CNY 715 per tonne on Monday, extending gains for a fourth consecutive session as steel mills increased purchases ahead of China’s extended National Day Golden Week holiday in early October. The recovery comes after iron ore recently traded near one-month lows, with pre-holiday restocking providing an important short-term demand catalyst. The improvement in sentiment is also linked to efforts by several Chinese steelmakers to reduce production and steel inventories as profitability deteriorates. While lower steel output normally represents a headwind for iron ore consumption, production cuts can reduce finished-steel inventories and potentially improve mill margins, […] - [Palm Oil Price Forecast: CPO Holds Near RM4,900 as Supply Risks and Indian Demand Support Prices](https://todaymarkets.com/palm-oil-price-forecast-cpo-holds-near-rm4900-as-supply-risks-and-indian-demand-support-prices/): Malaysian palm oil futures are holding near the RM4,900 per tonne area after recent weakness, with firmer competing vegetable oils, improving Indian demand and growing concerns over future production providing support to the market. Palm oil remains caught between tightening medium-term supply expectations and softer near-term production and export data, leaving traders focused on whether the market can regain the RM5,000 level. The supply outlook remains an important bullish factor. Indonesia’s B50 biodiesel mandate is expected to divert more palm oil toward domestic fuel consumption, potentially reducing export availability. At the same time, the developing El Niño weather pattern has increased […] - [European Natural Gas Price Forecast: TTF Gas Falls Below €79 as Middle East Diplomacy and Winter Supply Risks Collide](https://todaymarkets.com/european-natural-gas-price-forecast-ttf-gas-falls-below-e79-as-middle-east-diplomacy-and-winter-supply-risks-collide/): European natural gas prices fell below €79/MWh on Monday, retreating after a sharp rise in the previous session as traders monitored diplomatic developments surrounding the Middle East conflict and their potential impact on global LNG supplies. The decline came as oil prices also moved lower following renewed expectations of diplomatic engagement between the United States and Iran. President Donald Trump said he would probably be open to meeting Iranian President Masoud Pezeshkian during the United Nations General Assembly this week. Any progress toward de-escalation could eventually improve LNG flows through the Strait of Hormuz and reduce the geopolitical risk premium embedded […] - [Gold Price Forecast: Gold Holds Above $4,350 as Falling Oil Prices Ease Inflation Concerns](https://todaymarkets.com/gold-price-forecast-gold-holds-above-4350-as-falling-oil-prices-ease-inflation-concerns/): Gold held above $4,350 an ounce on Monday after advancing for a second consecutive session, as falling oil prices eased some concerns over renewed inflation and the prospect of additional Federal Reserve interest-rate increases. Spot gold recently reached around $4,360 an ounce, recovering from a near six-week low after lower oil prices and a weaker US dollar supported demand for the non-yielding precious metal. Gold also benefited from a decline in US Treasury yields following the Federal Reserve’s latest policy decision. The decline in crude prices has become an important short-term driver for precious metals. Brent crude fell more than 2% […] - [Platinum Price Forecast: Platinum Holds Above $1,800 as Falling Oil and Supply Constraints Support the Market](https://todaymarkets.com/platinum-price-forecast-platinum-holds-above-1800-as-falling-oil-and-supply-constraints-support-the-market/): Platinum futures climbed above $1,800 an ounce, extending gains for a third consecutive session as falling oil prices reduced concerns over persistent inflation and the possibility of further aggressive interest-rate tightening. The retreat in crude prices has lowered some of the pressure on non-yielding precious metals, while investors continue to assess the Federal Reserve’s outlook following last week’s rate increase. The decline in oil prices has become an important short-term driver for platinum. Brent crude fell to around $101.71 a barrel on Monday, while WTI slipped to approximately $98.15, as markets responded to increased Middle East oil flows and renewed hopes […] - [Corn Price Forecast: Global Supply Deficit Supports Corn Futures Near 2023 Highs](https://todaymarkets.com/corn-price-forecast-global-supply-deficit-supports-corn-futures-near-2023-highs/): Corn futures remain elevated near $5.30 per bushel, with December corn recently trading around $5.27-$5.30 after retreating from the September advance. The market remains supported by tightening global supply expectations, with the USDA forecasting global corn consumption to exceed production by nearly 30 million metric tons in 2026/27, potentially creating the largest global production deficit in more than three decades. At the same time, the US harvest is advancing slightly faster than normal, creating an important counterweight to the bullish global supply story. USDA data showed 8% of the US corn crop harvested by September 13, compared with a five-year average […] - [Wheat Climbs Nearly 2% as US-China Trade Optimism Raises Prospects for Agricultural Demand](https://todaymarkets.com/wheat-climbs-nearly-2-as-us-china-trade-optimism-raises-prospects-for-agricultural-demand/): Wheat climbed nearly 2% toward $7.30 per bushel in mid-September, rebounding from a three-week low recorded on September 18, as renewed US-China trade engagement increased optimism ahead of the planned Trump-Xi summit. Officials from both countries, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, met over the weekend. Bessent described the discussions as “very successful,” while Lifeng said the talks were conducted in a “good atmosphere.” US President Donald Trump and Chinese President Xi Jinping are scheduled to meet in the United States on September 24, with agricultural markets closely monitoring whether the meeting produces additional […] - [Copper Extends Rally for Fifth Session as Chinese Demand Strengthens and Mine Disruptions Tighten Supply](https://todaymarkets.com/copper-extends-rally-for-fifth-session-as-chinese-demand-strengthens-and-mine-disruptions-tighten-supply/): Copper futures climbed to around $6.65 per pound on Monday, extending gains for a fifth consecutive session as stronger indicators of Chinese demand and concerns over tightening global supply continued to support the market. The Yangshan copper premium, an important indicator of physical copper demand in China, rose to $121 per tonne last week, its highest level since November 2022. The increase suggests stronger appetite for imported copper and provides a supportive signal for near-term physical demand. Longer-term demand expectations are also contributing to the bullish outlook. Copper consumption is expected to benefit from continued investment in data centres, electricity infrastructure, […] - [Nestlé Stock Outlook: Russia Asset Seizure Sends Shares Lower as Geopolitical Risk Returns to Focus](https://todaymarkets.com/nestle-stock-outlook-russia-asset-seizure-sends-shares-lower-as-geopolitical-risk-returns-to-focus/): Nestlé shares fell nearly 3% after Russia placed the Swiss food giant’s Russian assets under temporary external administration, highlighting the continuing geopolitical and ownership risks facing Western companies that retain operations inside the Russian Federation. The move, which also affects French retail groups Auchan and Lemana Pro, formerly Leroy Merlin, places the companies’ Russian operations under the control of an entity called L.E.V. Management. For investors, the immediate issue is the potential loss of control over Nestlé’s Russian assets, including local production and supply-chain operations. The longer-term question is how much value the company could ultimately lose if temporary administration develops […] - [Gold Price Outlook: XAU/USD Recovers Toward $4,400 as Dollar Rally Loses Momentum](https://todaymarkets.com/gold-price-outlook-xau-usd-recovers-toward-4400-as-dollar-rally-loses-momentum/): Gold prices are heading into Monday trading with renewed upside momentum after XAU/USD rebounded 0.89% on Friday and climbed back toward $4,379, recovering from the nearly two-month low of $4,235 reached earlier in the week. The recovery is notable because it comes despite the Federal Reserve delivering a 25-basis-point rate hike, taking its benchmark interest-rate range higher and reinforcing expectations that another increase could follow in October. Gold’s rebound has instead been supported by a combination of softer Oil prices, a Dollar that has struggled to extend its recent gains and renewed demand for the precious metal amid elevated geopolitical uncertainty. […] - [Silver Price Outlook: Silver Holds Above Key Support as XAG/USD Targets $68 Resistance](https://todaymarkets.com/silver-price-outlook-silver-holds-above-key-support-as-xag-usd-targets-68-resistance/): Silver prices are heading into Monday trading with a constructive near-term bias after XAG/USD advanced on Friday and reached around $66.76, its highest level since September 10. Silver is also on track to finish the week more than 3% higher, although the broader technical picture remains cautious as trend strength continues to show limited conviction. The latest recovery has been helped by a pullback in the US Dollar as traders took profits following its strong weekly advance. However, elevated US Treasury yields and expectations that the Federal Reserve could maintain a hawkish stance remain important obstacles for precious metals. XAG/USD is […] - [Taiwan Dollar: CBC holds rates but flags inflation risks – Commerzbank](https://todaymarkets.com/taiwan-dollar-cbc-holds-rates-but-flags-inflation-risks-commerzbank/): Commerzbank’s Charlie Lay and Henry Hao report that Taiwan’s CBC kept its policy rate at 2.0% for a tenth straight meeting, signalling a patient stance. The bank slightly raised its 2026 inflation and GDP forecasts, sees strong growth from AI-related semiconductor demand, and suggests policy could stay unchanged in December but start hiking in Q1 2027 if price pressures persist. Neutral stance with upside risks “The Central Bank of the Republic of China (CBC) left its policy rate unchanged at 2.0% yesterday, in line with market expectations. The CBC, which meets quarterly, has now kept the policy rate unchanged for 10 […] - [South Korean Won: Foreign equity flows keep KRW heavy against US Dollar – OCBC](https://todaymarkets.com/south-korean-won-foreign-equity-flows-keep-krw-heavy-against-us-dollar-ocbc/): OCBC strategist Christopher Wong notes that the Korean Won remains under pressure as foreign selling of Korean equities persists and elevated US yields after the FOMC continue to weigh. Large-cap technology stocks are at the centre of outflows, though the broader KOSPI has held up. Wong highlights that easing US yields, a softer Dollar and lower Oil may cap near-term USD/KRW upside, but a sustained KRW recovery likely needs foreign equity selling to slow. Flow pressure weighs as USDKRW tests resistance “KRW weakened further as persistent foreign selling of Korean equities remained the main drag, while still-elevated US yields post-FOMC continued to weigh […] - [Japanese Yen: Dovish BoJ hike weighs on yen – Scotiabank](https://todaymarkets.com/japanese-yen-dovish-boj-hike-weighs-on-yen-scotiabank/): Scotiabank strategists Shaun Osborne and Eric Theoret note the Japanese Yen (JPY) is down sharply versus the US Dollar (USD) after a dovishly delivered 25 bps Bank of Japan (BoJ) hike and Governor Ueda’s cautious guidance. Markets are disappointed by the pushback against consecutive hikes, undermining efforts to rebuild confidence in the Yen. For USD/JPY, they flag key moving averages near 158–159 and the psychologically important 160 level, with support around 155. Yen slides as markets fade BoJ “The yen is weak, down 1.2% vs. the USD on the back of a dovishly-delivered hike from the BoJ as market participants digested […] - [Singapore Dollar: Strong NODX but USD still drives USD/SGD – OCBC](https://todaymarkets.com/singapore-dollar-strong-nodx-but-usd-still-drives-usd-sgd-ocbc/): OCBC’s Christopher Wong highlights that Singapore’s August NODX surged 46.2% year-on-year, far above consensus, with electronics exports jumping on AI-related demand and broad-based strength across markets. OCBC Economists upgraded their 2026 NODX forecast to 20% year-on-year, but Wong notes this solid external backdrop is unlikely to drive spot near term. USD/SGD has eased with lower US yields and a softer Dollar, and future SGD performance will hinge on US yield and Dollar dynamics. USD/SGD guided by yields and Dollar “August NODX jumped 46.2% y/y, well above the 35.3% consensus and up sharply from 24.1% in July. Electronics exports surged 131.8%, led […] - [Chinese Yuan: Pre-summit support and firmer bias – DBS](https://todaymarkets.com/chinese-yuan-pre-summit-support-and-firmer-bias-dbs/): Chang Wei Liang at DBS Group Research highlights that USD/CNH is easing toward 6.70 despite a stronger Dollar, with the Renminbi (RMB) supported by a lower USD/CNY fixing below 6.76. He links this to possible goodwill from China ahead of the Trump–Xi summit and expects RMB to strengthen further into next Thursday’s meeting as markets hope for an extended US–China trade truce. USD/CNH drift and Trump–Xi summit “USD/CNH has been easing gradually towards 6.70 in defiance of a stronger USD.” “The stronger RMB is supported by a steady decline in the USD/CNY fixing to below 6.76 yesterday, which is perhaps a […] - [Singapore Dollar: Range trade persists against US Dollar – UOB](https://todaymarkets.com/singapore-dollar-range-trade-persists-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang notes that USD/SGD has slipped into a short-term range phase after a sharp pullback, with intraday trading expected between 1.2735 and 1.2775. However, the 1–3 week outlook remains constructive, with the advance from late last week intact unless 1.2710 breaks, and upside levels at 1.2800 and 1.2835 still in focus. Dollar-Singapore range but bias positive “24-HOUR VIEW: Following the sharp rally two days ago, we highlighted yesterday that “while strong momentum could outweigh the current deeply overbought conditions, it remains to be seen whether USD can reach 1.2800.” We indicated the following: “support is […] - [Malaysian Ringgit: External pressure but scope for reversal – OCBC](https://todaymarkets.com/malaysian-ringgit-external-pressure-but-scope-for-reversal-ocbc/): Christopher Wong at OCBC writes that the Malaysian Ringgit weakened during Thursday’s Asian session on a firmer US Dollar and higher US Treasury yields after the FOMC, with USD/MYR briefly trading above 4.10 in an orderly move. He notes some pressure eased as the Dollar and yields retreated and Oil pulled back. Wong expects cautious MYR trading if US yields and the Dollar rise again, but sees room for recent weakness to reverse as post-Fed moves settle and domestic fundamentals remain supportive. USD/MYR overbought as fundamentals support “MYR weakened on Thursday Asian time zone amid firmer USD and higher UST yields […] - [Markets Week Ahead September 21, 2026: Fed, Trump-Xi Meeting, Middle East War, AI and Global Central Banks](https://todaymarkets.com/markets-week-ahead-september-21-2026-fed-trump-xi-meeting-middle-east-war-ai-and-global-central-banks/): Global financial markets enter the week of September 21, 2026 facing several competing macroeconomic forces, with the Middle East war, central-bank policy, US-China trade relations, AI investment and major economic data releases likely to dominate investor attention. Energy prices remain particularly sensitive to developments in the Middle East, with disruptions to oil and gas supply creating inflation risks just as major central banks are attempting to manage price pressures. At the same time, concerns over the pace of artificial-intelligence investment could affect the technology sector, which has been an important driver of global equity markets, corporate credit issuance and commodity demand. […] - [Lithium Price Forecast: Lithium Carbonate Falls to 8-Month Low as China Supply Outlook Improves](https://todaymarkets.com/lithium-price-forecast-lithium-carbonate-falls-to-8-month-low-as-china-supply-outlook-improves/): Lithium carbonate prices in China fell below CNY 135,000 per tonne in September, reaching their lowest level of the year as a major upward revision to Chinese stockpiles caused markets to reassess the global supply outlook. The revision came after industry group SMM changed its methodology for compiling inventory data, resulting in a 175,000-ton increase in reported Chinese stockpiles. The adjustment was approximately double previous estimates and significantly changed perceptions of available supply. Additional pressure came from a stronger outlook for Australian lithium production. Mineral Resources restarted the Bald Hill lithium mine following an 18-month suspension, while Core Lithium restarted its […] - [US Stocks Close Mixed as Treasury Yields Rebound and Energy Inflation Fuels Fed Rate Hike Concerns](https://todaymarkets.com/us-stocks-close-mixed-as-treasury-yields-rebound-and-energy-inflation-fuels-fed-rate-hike-concerns/): US stocks closed mixed on Friday as a rebound in Treasury yields renewed concerns about higher-for-longer interest rates, energy-driven inflation and a deteriorating macroeconomic backdrop. The S&P 500 edged 0.2% higher, while the Dow Jones Industrial Average fell 95 points and the Nasdaq Composite gained 0.7%. Rising Treasury yields and renewed uncertainty surrounding Middle Eastern oil supplies pushed fuel and natural gas prices higher, reinforcing concerns that another wave of energy inflation could complicate the Federal Reserve’s policy outlook. The latest market reaction highlights the increasingly complicated relationship between US equities, Treasury yields, energy prices, inflation and Federal Reserve policy. While […] - [US Natural Gas Futures Rebound as Low Storage Builds, European Gas Shortages and LNG Demand Offset Cooler Weather](https://todaymarkets.com/us-natural-gas-futures-rebound-as-low-storage-builds-european-gas-shortages-and-lng-demand-offset-cooler-weather/): US natural gas futures recovered on Friday after falling to a one-week low, with October Nymex natural gas closing 1.1 cents higher at $2.86/MMBtu, up 0.38%, as pre-weekend short covering helped prices recover despite increasingly cooler US weather forecasts. The natural gas market remains caught between competing fundamental forces. Cooler US temperatures, record-high projected storage and rapidly rising domestic production are bearish, while below-average weekly storage injections, stronger US electricity generation, elevated European gas prices and the potential for increased US LNG demand provide support. October natural gas initially moved lower as weather forecasts shifted cooler for late September and early […] - [WTI Crude Oil Falls 1.6% as Middle East Diplomacy Eases Supply Fears Despite Tight Global Oil Markets](https://todaymarkets.com/wti-crude-oil-falls-1-6-as-middle-east-diplomacy-eases-supply-fears-despite-tight-global-oil-markets/): WTI crude oil futures fell on Friday as hopes for renewed Middle East diplomacy eased immediate fears of a prolonged supply disruption, although the broader oil market remains fundamentally tight because of disrupted Middle Eastern and Russian flows. October WTI crude oil closed $1.61 lower at $100.36 per barrel, down 1.58%, while October RBOB gasoline moved in the opposite direction, rising 2.03 cents to $3.51 per gallon, up 0.58%. The decline in crude came after oil had rallied to a 3.75-month high on Tuesday following the shutdown of Saudi Arabia’s key East-West pipeline and escalating attacks on regional energy infrastructure. Saudi […] - [Live Cattle Futures Hold Firm Despite Weekly Losses as Record-Low Placements Tighten US Cattle Supply](https://todaymarkets.com/live-cattle-futures-hold-firm-despite-weekly-losses-as-record-low-placements-tighten-us-cattle-supply/): Live cattle futures finished mixed on Friday, but the underlying US cattle supply picture is becoming increasingly supportive as August cattle placements fell to a record low for the month and September 1 on-feed inventories remained only marginally above last year. October live cattle closed at $215.925, up 27.5 cents, while December gained 37.5 cents to $216.625 and February 2027 added 7.5 cents to $217.350. Despite Friday’s gains, October live cattle finished the week $3.75 lower, showing that the broader market remains under pressure after recent highs. Feeder cattle futures were weaker, with September falling $1.25 to $333.575, October down 87.5 […] - [Wheat Futures Fall Across Chicago, Kansas City and Minneapolis as US Export Sales Lag and Funds Turn Bearish](https://todaymarkets.com/wheat-futures-fall-across-chicago-kansas-city-and-minneapolis-as-us-export-sales-lag-and-funds-turn-bearish/): Wheat futures moved lower across all three major US exchanges heading into the weekend, with Chicago SRW, Kansas City HRW and Minneapolis spring wheat futures all under pressure as traders reduced risk and speculators shifted toward more defensive positioning. Weak US export sales, slower-than-average shipment commitments and renewed fund selling added to the bearish tone, while uncertainty surrounding Black Sea exports provided an important counterweight for wheat prices. December CBOT wheat fell 12 3/4 cents to $7.14 1/4, while March 2027 CBOT wheat dropped 13 cents to $7.30. December KC HRW wheat declined 10 3/4 cents to $7.83 3/4, while March […] - [Corn Futures Fall as US Export Commitments Trail Last Year and China Buying Disappoints Ahead of Trump-Xi Talks](https://todaymarkets.com/corn-futures-fall-as-us-export-commitments-trail-last-year-and-china-buying-disappoints-ahead-of-trump-xi-talks/): Corn futures weakened on Friday as the market absorbed pressure from lower soybean and wheat prices, falling crude oil and a disappointing US export picture ahead of the highly anticipated meeting between US President Donald Trump and Chinese President Xi Jinping. December 2026 corn closed at $5.27 1/2, down 3 cents, while March 2027 corn fell 3 cents to $5.41 1/2. May 2027 corn declined 2 1/2 cents to $5.48 1/4. The national average cash corn price fell 3 cents to $4.82 1/4. December corn also finished the week 2 3/4 cents lower, highlighting the difficulty the market is having generating […] - [Soybean Futures Fall 17 Cents as Fund Longs Retreat and China Trade Uncertainty Returns Ahead of Trump-Xi Talks](https://todaymarkets.com/soybean-futures-fall-17-cents-as-fund-longs-retreat-and-china-trade-uncertainty-returns-ahead-of-trump-xi-talks/): Soybean futures sold off sharply on Friday, with contracts falling 9 to 17 cents across the board, as traders reduced exposure following a significant build-up in speculative long positions and the market focused on the uncertain outlook for US-China soybean trade, Chinese inventories and large US export commitments. November soybeans held onto a 7-cent weekly gain, but Friday’s decline erased a significant portion of the week’s momentum. November 2026 soybeans closed at $13.03 1/2, down 16 1/4 cents, while January 2027 soybeans fell 17 cents to $13.20. March 2027 soybeans declined 16 1/4 cents to $13.29 1/2. The national average cash […] - [Coffee Futures Rebound as Dollar Falls but Record Global Supply and Brazil Crop Outlook Cap 2026 Coffee Prices](https://todaymarkets.com/coffee-futures-rebound-as-dollar-falls-but-record-global-supply-and-brazil-crop-outlook-cap-2026-coffee-prices/): Coffee futures recovered from early losses on Friday as a weaker US dollar triggered short covering, but the broader coffee market remains under pressure from record global production forecasts, a projected 2025/26 surplus, strong Brazil and Vietnam exports, improving growing conditions and expectations for another large 2026/27 crop. December ICE Arabica coffee closed 4 points higher at +1.45%, while November ICE Robusta coffee settled 5 points higher at +0.15%. The rebound followed a sharp three-week decline in coffee prices, with Arabica reaching a 2.5-month low on Thursday and Robusta falling to a one-week low on Friday. The immediate catalyst for Friday’s […] - [Cocoa Futures Crash Over 3% as Ivory Coast Supply Surges and ICE Inventories Hit Two-Year High](https://todaymarkets.com/cocoa-futures-crash-over-3-as-ivory-coast-supply-surges-and-ice-inventories-hit-two-year-high/): Cocoa futures suffered another sharp sell-off as traders focused on abundant near-term supplies, surging Ivory Coast production and elevated ICE warehouse inventories, overwhelming longer-term concerns surrounding West African crop conditions and the potential impact of El Niño on the 2026/27 cocoa season. December ICE New York cocoa closed at 5,784, down 207 points or 3.46%, while December ICE London cocoa #7 settled at 4,240, down 125 points or 2.86%. Both contracts fell to approximately one-week lows as the market continued to unwind the powerful rally that carried cocoa futures sharply higher through the summer. The latest decline highlights the fundamental conflict […] - [Sugar Prices Fall to Three-Week Lows as Demand Concerns Clash With Global Supply Risks](https://todaymarkets.com/sugar-prices-fall-to-three-week-lows-as-demand-concerns-clash-with-global-supply-risks/): Sugar prices fell to three-week lows on Friday before recovering slightly, with New York sugar settling lower while London white sugar finished marginally higher as demand concerns continued to weigh on the market. October NY World Sugar #11 closed at 17.39 cents per pound, down 0.06 cents or 0.34%, while December London ICE White Sugar #5 closed at $532.30 per tonne, up $0.20 or 0.04%. The market remains caught between two competing forces. On the bearish side, weak physical demand, heavy deliveries against the expiring October London contract and substantial speculative long positions are creating liquidation risk. On the other side, […] - [Cotton Futures Fall as Export Pace Lags Expectations — What Happens Next for Cotton Prices?](https://todaymarkets.com/cotton-futures-fall-as-export-pace-lags-expectations-what-happens-next-for-cotton-prices/): Today Markets Analysis Cotton futures extended their weekly decline on Friday as selling pressure returned across the front months, with weaker export momentum, reduced managed-money exposure and falling crude oil prices adding to the bearish tone. October 2026 cotton futures closed at 77.38 cents per pound, down 103 points, while December cotton settled at 81.15 cents, down 102 points. March 2027 cotton closed at 83.79 cents, also down 102 points. The December contract finished the week approximately 491 points lower, highlighting the extent of the selling pressure that has developed across the cotton market. Crude oil also weakened sharply on Friday, […] - [Swiss Franc: Consolidation holds below 0.8300 against US Dollar – UOB](https://todaymarkets.com/swiss-franc-consolidation-holds-below-0-8300-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang notes USD/CHF remains in a consolidation phase after a sharp rally, with intraday trading expected between 0.8225 and 0.8265. He stays positive over the 1–3 week horizon but says it is still too early to confirm a break above 0.8300, while a move below 0.8185 would negate this view. Dollar consolidates below key resistance “24-HOUR VIEW: Following the sharp rally in USD that reached a high of 0.8265 two days ago, we indicated yesterday that “the sharp rally appears to be overdone, and USD is unlikely to rise much further.” We highlighted that USD […] - [Czech Koruna: CNB pause before potential November hike – ING](https://todaymarkets.com/czech-koruna-cnb-pause-before-potential-november-hike-ing/): ING’s Frantisek Taborsky notes that the Czech National Bank (CNB) kept its policy rate at 3.75% with a dovish tone versus market pricing, but ING economists now expect a hike in November due to higher inflation forecasts and elevated global energy prices. While EUR/CZK trades around 24.300–24.350, ING sees a stronger Dollar lifting the pair near term before potential CNB hawkishness supports the Koruna. CNB stance and Koruna outlook “The Czech National Bank yesterday left its policy rate unchanged at 3.75% in a unanimous decision. The CNB press conference struck a dovish tone relative to market pricing, as expected, but signalled […] - [Trade of The Day - AUD/USD](https://todaymarkets.com/trade-of-the-day-aud-usd/): Facts: Recommendation: Trade: Short position on AUDUSD at market price Target: 0.7067, 0.7000 Stop: 0.7165 Opinion: AUDUSD has been trading in an upward trend recently, but the pair may be experiencing a trend reversal. Looking at the H4 interval, one can see that the price bounced off the key 0.7130 resistance area. The green area near 0.7130 handle on the chart below is marked with previous price reactions and lower limit of 1:1 structure (green rectangles). According to the Overbalance strategy, invalidating 1:1 geometry may herald a resumption of a downward trend. As long as the price sits below 0.7130, the […] - [Chart of The Day - Yen in a Trap. BoJ Hike That Weakened the Currency](https://todaymarkets.com/chart-of-the-day-yen-in-a-trap-boj-hike-that-weakened-the-currency/): The Bank of Japan did exactly what the market expected, raising the interest rate by 25 basis points to 1.25%, the highest level since 1995. In a textbook scenario, such tightening should support the currency. Meanwhile, the yen reacted with a weakening, and the USDJPY pair dynamically returned above the 157 barrier. This is the best proof that the market cares today not about the decision itself, but about the signal regarding the future path, and this one turned out to be disappointingly dovish. Two Dissenters Ruin the Narrative The key is the vote breakdown, which was 7 to 2. Voting […] - [Equities: Strong rebound supported by earnings growth – Danske Bank](https://todaymarkets.com/equities-strong-rebound-supported-by-earnings-growth-danske-bank/): Danske Bank’s Danske Research Team reports a strong rebound in global equities, with the S&P 500, Nasdaq, Stoxx 600 and Kospi all posting solid gains despite a recent Fed hike and further tightening priced. The team argues that robust consensus earnings growth of 35% and rising estimates make a sustained equity sell-off difficult, advocating a barbell strategy favouring global tech over industrials as valuations adjust. AI-led rally and barbell strategy “Equities rebounded strongly on Thursday. The S&P 500 advanced 1.2%, the Nasdaq gained 1.7% in its best session since early August, the Stoxx 600 rose 0.9%, and Kospi is surging a […] - [Oil: Prices fall as supply risks reassessed – MUFG](https://todaymarkets.com/oil-prices-fall-as-supply-risks-reassessed-mufg/): MUFG notes that Oil prices have declined as markets reassess supply risks tied to the US-Iran war and regional chokepoints. Saudi Arabia’s efforts to restore the East-West pipeline and continued tanker traffic through the Strait of Hormuz, alongside diplomatic moves by the US, Gulf nations, China and Iran, have supported a rally in risk assets and global duration. Supply concerns ease with diplomacy “Oil prices fell, risk assets rallied, while global duration did better after enduring a meaningful sell-off over the past few weeks.” “Part of this was driven by some easing of oil supply concerns as the markets looked forward […] - [Euro: Downtrend extends toward 1.1400 against US Dollar – UOB](https://todaymarkets.com/euro-downtrend-extends-toward-1-1400-against-us-dollar-uob/): United Overseas Bank’s (UOB) Quek Ser Leang maintains a bearish stance on EUR/USD after recent declines, expecting the pair to trade intraday between 1.1460 and 1.1500 as momentum eases. Over the coming weeks, the Euro (EUR) is seen potentially extending losses toward 1.1435 and 1.1400, with strong resistance at 1.1545 and EMAs signalling further downside. Euro-Dollar bias stays to downside “24-HOUR VIEW: Two days ago, EUR plunged to a low of 1.1460. Yesterday, when EUR was at 1.1470, we indicated that “while further EUR weakness is not ruled out, deeply oversold conditions suggest any decline could stay within a 1.1435/1.1505 range.” […] - [Gold sticks to gains on softer bond yields and subdued USD; hawkish Fed caps upside](https://todaymarkets.com/gold-sticks-to-gains-on-softer-bond-yields-and-subdued-usd-hawkish-fed-caps-upside/): Gold (XAU/USD) attracts some buyers for the second straight day, though it remains below the weekly top through the Asian session on Friday amid mixed cues. US bond yields retreat further from multi-year highs as the recent pullback in crude oil prices helped alleviate immediate fears of runaway inflation. This, in turn, keeps US Dollar (USD) bulls on the back foot and supports the bullion. However, the US Federal Reserve’s (Fed) hawkish outlook acts as a tailwind for the Greenback, which, in turn, is holding back traders from placing aggressive bullish bets on the non-yielding yellow metal. The US central bank voted unanimously […] - [WTI Oil Price Forecast: Middle East Tensions Keep Bulls in Control as $98.55 Resistance Caps the Rally](https://todaymarkets.com/wti-oil-price-forecast-middle-east-tensions-keep-bulls-in-control-as-98-55-resistance-caps-the-rally/): WTI crude oil prices are consolidating below the mid-$96 area on Friday after failing to extend the latest rebound from $94.65, but the broader technical structure remains constructive as escalating Middle East tensions keep a geopolitical risk premium embedded in oil prices. West Texas Intermediate is trading around $96.35 per barrel, down roughly 0.20% on the session, while remaining close to its highest level since May 20. The latest developments around the Middle East are keeping crude traders focused on the possibility of further disruption to regional oil flows. Iran’s Islamic Revolutionary Guard Corps said it had struck a Togo-flagged tanker […] - [Nasdaq Surges - After Fed Rate Hike as Falling Oil and Treasury Yields Fuel US Tech Rebound](https://todaymarkets.com/nasdaq-surges-after-fed-rate-hike-as-falling-oil-and-treasury-yields-fuel-us-tech-rebound/): US technology stocks staged a powerful rebound Thursday despite the Federal Reserve delivering its first interest-rate increase since 2023, with the Nasdaq Composite jumping 1.7%, the S&P 500 rising 1.1% and the Dow Jones Industrial Average gaining 0.6%. At first glance, the move appears counterintuitive. The Federal Reserve raised its benchmark interest rate by 25 basis points to 3.75%-4.00%, while policymakers signaled that further tightening remains possible as inflation remains above target. The decision was unanimous, and the latest projections point to a median federal funds rate of 4.1% at the end of 2026. Normally, higher interest rates and rising Treasury […] - [Trade of The Week - Brent Oil Price Struggles Above $105 as Saudi Pipeline Repairs, Hormuz Transits and Record Supply Cap the Rally](https://todaymarkets.com/trade-of-the-week-brent-oil-price-struggles-above-105-as-saudi-pipeline-repairs-hormuz-transits-and-record-supply-cap-the-rally/): The oil market entered the week with traders expecting a potentially sharp increase in crude prices after a major escalation in Middle Eastern supply risks. Attacks by the Houthis, an Iranian-backed group, targeted more than 70 sites in Saudi Arabia, including the strategically important East-West pipeline, which allows Saudi crude to bypass the Strait of Hormuz and reach international customers through the Red Sea. The attacks caused a halt in production equivalent to approximately 4 million barrels per day, creating an immediate threat to global oil supply. Yet despite the scale of the disruption, the response in the futures market has […] - [US Heating Oil Prices Fall From Record $5.26 as Inventories Rise but Tight Supplies and Middle East Risks Persist](https://todaymarkets.com/us-heating-oil-prices-fall-from-record-5-26-as-inventories-rise-but-tight-supplies-and-middle-east-risks-persist/): US heating oil prices eased to around $5.05 per gallon, retreating from a record high of $5.26 reached earlier this week as rising distillate inventories and potential alternative routes for Middle Eastern crude offered some relief to an exceptionally tight market. The pullback remains limited, however, with US distillate inventories still 13% below their five-year average and geopolitical risks continuing to threaten crude and refined-product supply. The latest EIA data showed US distillate inventories, including diesel and heating oil, increased by 1.6 million barrels in the week ended September 11. While the inventory build provided some bearish pressure, stockpiles remain historically […] - [US Natural Gas Futures Fall Over 1% to $2.85 as Cooler Weather Forecasts and Record Production Pressure 2026 Prices](https://todaymarkets.com/us-natural-gas-futures-fall-over-1-to-2-85-as-cooler-weather-forecasts-and-record-production-pressure-2026-prices/): US natural gas futures fell more than 1% on Friday to around $2.85/MMBtu, reversing the previous session’s gains as cooler weather forecasts reduced expectations for late-September cooling demand. The latest forecasts show above-average temperatures covering a smaller portion of the South and Southeast from September 22 through October 1, potentially reducing natural gas demand from power generators for air conditioning. The bearish weather outlook comes despite a tighter-than-expected weekly storage build and continued concerns about the US inventory surplus. The market remains caught between strong production and softer weather-driven demand on the bearish side, while tighter storage fundamentals and LNG export […] - [Copper Futures Hold Above $6.55 as China Demand Surges, Mine Disruptions Tighten Supply and LME Inventories Rise](https://todaymarkets.com/copper-futures-hold-above-6-55-as-china-demand-surges-mine-disruptions-tighten-supply-and-lme-inventories-rise/): Copper futures held above $6.55 per pound on Friday, extending a three-session winning streak as stronger signals from China helped offset concerns about rising exchange inventories and ample near-term availability. The latest move higher has been driven by a combination of stronger Chinese physical demand, long-term consumption expectations from data centers and renewable-energy infrastructure, and supply disruptions at several major copper mines. A key indicator of Chinese copper demand has strengthened significantly. The Yangshan copper premium climbed to $121 per ton on Thursday, its highest level since November 2022. The premium is closely watched by the market because it reflects the […] - [Coffee Futures Fall to 2.5-Month Low as Record Global Supply Outlook, Brazil Exports and Vietnam Crop Gains Pressure 2026 Coffee Prices](https://todaymarkets.com/coffee-futures-fall-to-2-5-month-low-as-record-global-supply-outlook-brazil-exports-and-vietnam-crop-gains-pressure-2026-coffee-prices/): Coffee futures extended their weekly losses on Thursday as the market continued to price in the prospect of abundant global coffee supplies, with December arabica falling to a 2.5-month low. December ICE Arabica Coffee closed at -5.05 points, or -1.79%, while November ICE Robusta Coffee fell -39 points, or -1.14%. The bearish pressure has intensified over the past three weeks following forecasts for a record global coffee crop and a return to surplus, while large Brazilian exports and improving growing conditions in Brazil and Vietnam are adding to expectations of stronger supplies during the 2026/27 season. The International Coffee Organization (ICO) […] - [Cocoa Futures Crash Over 3% as Ivory Coast Output Surges and ICE Inventories Hit Two-Year High](https://todaymarkets.com/cocoa-futures-crash-over-3-as-ivory-coast-output-surges-and-ice-inventories-hit-two-year-high/): Cocoa futures fell sharply on Thursday, with New York cocoa dropping more than 3% and London cocoa nearly 3% as traders focused on improving near-term supplies, rising Ivory Coast production and elevated ICE inventories. The sell-off comes despite significant longer-term concerns over West African crop quality, Ghanaian production and potential El Niño-related supply disruptions. December ICE NY Cocoa closed at 5,784, down 207 points, or 3.46%, while December ICE London Cocoa #7 closed at 4,240, down 125 points, or 2.86%. Both markets fell to one-week lows. Cocoa has been under pressure for approximately two weeks as evidence of stronger production in […] - [Sugar Futures Crash Over 3% as Long Liquidation Hits Despite 2026/27 Global Sugar Deficit](https://todaymarkets.com/sugar-futures-crash-over-3-as-long-liquidation-hits-despite-2026-27-global-sugar-deficit/): Sugar futures tumbled to three-week lows on Thursday, with NY sugar falling more than 3% and London white sugar dropping nearly 3% as weak physical demand triggered long liquidation. The sell-off comes despite growing forecasts for a global sugar deficit in 2026/27 and mounting production risks across Brazil, India and Thailand. October NY World Sugar #11 closed at 17.45 cents per pound, down 0.55 cents, or 3.06%, while December London ICE White Sugar #5 closed at $508.20 per tonne, down $15.40, or 2.94%. The latest decline extends a week-long slide and has pushed sugar futures to their lowest levels in three […] - [Cotton Futures Fall Over 200 Points as Weak US Export Sales Clash With Strong Cotton Shipments](https://todaymarkets.com/cotton-futures-fall-over-200-points-as-weak-us-export-sales-clash-with-strong-cotton-shipments/): Cotton futures fell sharply across the board on Thursday, with front-month contracts losing more than 200 points as weak new-crop export sales, lower benchmark prices and a decline in crude oil added pressure to the market. Cotton futures posted losses across the board, with front-month contracts declining between 179 and 219 points. Crude oil fell $1.34 per barrel on the session, while the US dollar index slipped 0.024 points. The latest USDA Export Sales report showed just 71,231 RB of 2026/27 cotton sales for the week ending September 10, highlighting relatively subdued new-crop demand. Vietnam was the largest buyer with 28,200 […] - [Cattle Futures Slide as Border Reopening Adds Supply Pressure Ahead of USDA Report](https://todaymarkets.com/cattle-futures-slide-as-border-reopening-adds-supply-pressure-ahead-of-usda-report/): Today Markets Analysis Live cattle futures fell sharply on Thursday, while feeder cattle also posted substantial losses as traders reacted to the planned reopening of the Santa Teresa, New Mexico border crossing and positioned ahead of Friday’s USDA Cattle on Feed report. Live cattle futures declined between $2.80 and $3.95, while feeder cattle futures dropped between $3.55 and $5.27. Cash cattle trade was reported at $350-$355 dressed in the North, with live trade around $222-$223 and some bids reaching $224 in the South. The Thursday Fed Cattle Exchange auction offered 1,514 head, but recorded no sales despite bids of $222-$223. The […] - [Wheat Prices Extend Losses as Export Demand Weakens and Black Sea Risks Shift](https://todaymarkets.com/wheat-prices-extend-losses-as-export-demand-weakens-and-black-sea-risks-shift/): Today Markets Analysis Wheat futures remained under pressure on Thursday, with all three major U.S. wheat markets closing lower as export demand remained below last year’s levels and traders assessed changing risks around Black Sea supplies. Chicago SRW wheat futures fell between 3¾ and 6¾ cents, while KC HRW contracts declined 5 to 8½ cents. Minneapolis spring wheat futures also finished lower, losing between 1 and 3½ cents. The weakness came despite signs that geopolitical disruptions are continuing to affect Black Sea wheat flows. USDA Export Sales data showed 325,935 tonnes of U.S. wheat sales for the 2026/27 marketing year during […] - [Corn Slides Toward $5.30 as Weak U.S. Sales and Falling Oil Weigh on Prices](https://todaymarkets.com/corn-slides-toward-5-30-as-weak-u-s-sales-and-falling-oil-weigh-on-prices/): Today Markets Analysis Corn futures moved lower on Thursday, with prices falling between 1 and 4¾ cents as weaker U.S. export demand, lower crude oil prices and the approaching harvest placed pressure on the market. December 2026 corn futures closed at approximately $5.30½ per bushel, down 3¾ cents, while March 2027 corn fell 4¼ cents to $5.44½. May 2027 futures declined 4½ cents to $5.50¾. The latest move highlights a market facing increasing seasonal supply pressure while export demand remains below last year’s pace. U.S. corn export sales for the 2026/27 marketing year totalled approximately 1.027 million tonnes during the week […] - [Soybeans Hold Near $13.20 as China Demand Surges but Heavy Rains Threaten Harvest](https://todaymarkets.com/soybeans-hold-near-13-20-as-china-demand-surges-but-heavy-rains-threaten-harvest/): Today Markets Analysis Soybean futures finished mixed on Thursday after correcting from earlier intraday strength, as exceptionally strong U.S. export sales and renewed Chinese buying competed with concerns over heavy rainfall across key producing states. November 2026 soybeans closed at approximately $13.19¾ per bushel, down ¾ cent, while January 2027 futures slipped ¼ cent to $13.37. March 2027 soybeans bucked the trend, gaining ½ cent to $13.45¾. The relatively narrow price movements mask a much more important fundamental development: U.S. soybean export demand is running substantially ahead of last year’s pace, with China accounting for more than 875,000 tonnes of new […] - [Trade of The Day - OIL](https://todaymarkets.com/trade-of-the-day-oil-2/): Facts Recommendation Short OIL at market price View The prospect of renewed U.S.-Iran negotiations roughly six weeks before the U.S. congressional midterm elections may give Tehran an opportunity to negotiate more favorable terms for a potential agreement. The United States has already committed substantial financial resources to the war in the Middle East, while American households have also felt the economic cost through record fuel prices and, potentially, higher borrowing costs following the Fed’s latest rate hike. Against this backdrop, the political challenges facing Republicans, combined with the risk of the conflict spreading toward the Bab el-Mandeb Strait, appear to reduce […] - [Chart of the day - Gold rebounds 1.3% despite hawkish Fed stance](https://todaymarkets.com/chart-of-the-day-gold-rebounds-1-3-despite-hawkish-fed-stance/): Gold is rebounding by more than 1.3% after the decline triggered by the Fed’s first rate hike in more than three years. Higher interest rates are usually negative for gold, which does not generate yield, but the market had already priced in the Fed move to some extent, so the reaction has remained relatively limited. GOLD chart (H1, D1 timeframe) Looking at gold, the price has managed to move back above the 50-period exponential moving average, EMA50 (orange line), but the key hurdle remains the 200-period EMA200, which has capped the market since the beginning of September. This makes the $4,370 […] - [Nickel Rebounds From 8-Month Low](https://todaymarkets.com/nickel-rebounds-from-8-month-low/): Today Markets Analysis Nickel traded around $16,230 per tonne, rebounding from its lowest level in eight months as the recent selloff attracted fresh buying interest. The move represents a technical recovery after the sharp decline, but the broader fundamentals remain challenging. Weak Chinese downstream demand continues to weigh on the nickel market, with nickel salt procurement and spot stockpiling subdued while some precursor producers have reduced operating rates. The supply picture is also creating additional pressure. Indonesia has revised its nickel ore benchmark price formula, sharply lowering the HPM for low-grade 1.2% nickel ore to approximately $24.89 per wet tonne, nearly […] - [Steel Firms Up on Output Curb Pledge](https://todaymarkets.com/steel-firms-up-on-output-curb-pledge/): Today Markets Analysis Steel rebar futures held above CNY 3,120 per ton on Thursday, remaining close to two-month highs as Chinese steelmakers pledged to curb production and reduce elevated inventories amid sharply deteriorating margins. The move comes as China’s steel industry faces an increasingly difficult operating environment. The China Iron and Steel Association, together with 45 major steelmakers including China Baowu Steel Group, has urged producers across the industry to firmly implement output controls in an effort to bring down elevated inventories. Profitability has deteriorated sharply as high production costs collide with weak steel demand. Some producers have already reduced operations […] - [Indian Rupee: RBI liquidity withdrawal tempers risks – Commerzbank](https://todaymarkets.com/indian-rupee-rbi-liquidity-withdrawal-tempers-risks-commerzbank/): Commerzbank’s India analysis shows the Reserve Bank of India stepping up liquidity absorption via INR1trn of government bond sales and continued VRRR operations, FX swaps and open-market actions. The measures aim to align money-market rates with the 5.25% policy rate. Despite higher short- and intermediate-term yields, USD/INR stayed near 95.96 as RBI intervened to curb volatility. Bond sales and FX intervention “Foreign investors net sold USD201.7mn of government bonds yesterday, following USD503.1mn last Friday, the largest single-day outflow in five months. The sell-off followed the Reserve Bank of India’s (RBI) announcement on Friday that it would sell INR1trn of government securities from its portfolio to […] - [Equities: Pressured by higher yields – Deutsche Bank](https://todaymarkets.com/equities-pressured-by-higher-yields-deutsche-bank/): Deutsche Bank analysts highlight that the first Federal Reserve hike since 2023 and a more hawkish dot plot weighed on US equities. The S&P 500 fell to its lowest level since July, with blue-chip names and banks underperforming, although tech indices were more resilient. Overnight, S&P 500 futures reversed prior losses, pointing to a tentative improvement in risk sentiment. US stocks react to Fed shift “The hawkish Fed repricing weighed on risk assets. The S&P 500 closed -0.45% lower, having traded a few tenths higher earlier in the day thanks to the decline in oil prices.” “Tech stocks helped limit the size […] - [British Pound: Oversold Sterling still seen weaker against US Dollar – UOB](https://todaymarkets.com/british-pound-oversold-sterling-still-seen-weaker-against-us-dollar-uob/): United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann report GBP/USD plunged to 1.3375 and closed at 1.3380, a move seen as excessive but still pointing to further downside. Intraday, they see scope for a test of 1.3350 while holding above 1.3300, and over 1-3 weeks expect continued weakness toward 1.3350 with possible extension to 1.3300 as long as resistance at 1.3460 caps rebounds. Sterling weakness targets 1.3350 support “24-HOUR VIEW: GBP traded within a relatively narrow range of 1.3465/1.3501 two days ago. When it was at 1.3480 in the early Asian session yesterday, we indicated that “the slight increase […] - [Copper Price Rebounds to $6.45 as Fed Rate Hike, AI Demand and Supply Risks Clash](https://todaymarkets.com/copper-price-rebounds-to-6-45-as-fed-rate-hike-ai-demand-and-supply-risks-clash/): Today Markets Analysis Copper futures climbed to around $6.45 per pound on Thursday, extending gains for a third consecutive session as the broader metals complex rebounded after the Federal Reserve delivered its widely anticipated interest-rate increase. The rally comes despite a more complicated macro backdrop. The Fed raised rates by 25 basis points and signalled that further tightening could still be required as policymakers continue to confront persistent inflation. That creates a fundamental conflict for copper. Higher interest rates and a stronger dollar can weigh on industrial commodities by increasing financing costs and reducing demand expectations. At the same time, copper […] - [Palm Oil Price Surges Above MYR 5,000 as Tight Supply, India Demand and Crude Oil Fuel Rally](https://todaymarkets.com/palm-oil-price-surges-above-myr-5000-as-tight-supply-india-demand-and-crude-oil-fuel-rally/): Today Markets Analysis Malaysian palm oil futures surged more than 2.5% to around MYR 5,015 per tonne, extending their recent advance as trading resumed following a holiday. The rally is being driven by a powerful combination of tighter future supply expectations, strong Indian buying, a weaker Malaysian ringgit and crude oil prices above USD 100 per barrel. The market is also responding to Indonesia’s implementation of the B50 biodiesel programme, which increases the amount of palm-based biodiesel absorbed domestically and potentially reduces the volume available for export. Indonesia formally launched its mandatory B50 programme in July 2026. At the same time, […] ## Pages - [Tutorials](https://todaymarkets.com/tutorials/): TODAY MARKETS EDUCATION Trading Tutorials Trade with Confidence Whether you are new to trading or looking to strengthen your existing knowledge, our trading tutorials provide practical guidance to help you better understand the global financial markets. Explore step-by-step resources covering forex, CFDs, trading platforms, technical and fundamental analysis, risk management, trading tools and more. ✓ […] - [Support Page](https://todaymarkets.com/support-page/): Need help with NextSaaS? Welcome to the NextSaaS Support Center! We’re ready to assist you if you have an issue or a question. Get help Our services Leading companies around the globe rely on NextSaaS. Until recently, the prevailing view assumed lorem ipsum was born as a nonsense text. It’s not Latin, though it looks […] - [FAQ](https://todaymarkets.com/faq/): “` TODAY MARKETS Answers for your trading journey. Explore answers to common questions about trading, markets, platforms, accounts, funding, risk management and getting started with Today Markets. “` “` All Questions Getting Started Markets & Trading Orders & Execution Platforms Accounts & Verification Deposits & Withdrawals Costs & Pricing Risk & Leverage Analysis & Education […] - [Affiliate Policy](https://todaymarkets.com/affiliate-policy/): PARTNERSHIPS & AFFILIATES Affiliate Policy Our Affiliate Programme is designed to build transparent, responsible and long-term partnerships while helping introduce new clients to Today Markets. Effective Date: 21 July 2026 Today Markets OUR APPROACH Responsible partnerships built on trust Today Markets works with approved affiliates and marketing partners who share our commitment to transparency, responsible […] - [GDPR](https://todaymarkets.com/gdpr/): DATA PROTECTION & PRIVACY GDPR & Data Protection At Today Markets, we are committed to protecting personal information and handling data responsibly, transparently and securely. This page explains our approach to data protection and privacy. Effective Date: 21 July 2026 OUR COMMITMENT Protecting your information is our responsibility Today Markets operates with a strong focus […] - [Privacy policy](https://todaymarkets.com/privacy-policy-2/): Privacy Policy – Today Markets Effective Date: 29/09/2025 Welcome to Today Markets. Your privacy is important to us. This Privacy Policy explains how we collect, use, store, and protect your personal data when you access or use our website and services. By using https://todaymarkets.com, you agree to the terms of this Privacy Policy. 1. Who […] - [Terms-Conditions](https://todaymarkets.com/terms-conditions/): LEGAL INFORMATION Terms & Conditions These Terms and Conditions govern your access to and use of the Today Markets website, trading platforms, products and related services. Effective Date: 21 July 2026 PLEASE READ CAREFULLY The agreement between you and Today Markets These Terms and Conditions constitute a legally binding agreement between you and the relevant […] - [Today Markets](https://todaymarkets.com/): “`html TODAY MARKETS Global Markets From One Platform. Explore — global markets from one intelligent platform. Access Stocks, Commodities, Indices and Futures through a powerful trading environment designed around transparent pricing and real market conditions. Real markets. Transparent pricing. No free lunch. Practice Account ONE INTELLIGENT PLATFORM Powerful Tools. Global Access. Trade — with the […] - [Copy Trade](https://todaymarkets.com/copy-trade/): Copy Trading | Today Markets TODAYMARKETS Strategies Metrics How it works Fees FAQ Login Open Account Today Markets Copy Trading Follow strategies. Copy with control. Explore cTrader copy-trading strategies, compare performance and risk metrics, and choose strategies that fit your trading objectives. Explore Strategies Open a cTrader Account 800+ Strategy profiles* 10+ Performance metrics 24/5 Markets available* +24.8% Illustrative ROI 7.4% Illustrative drawdown Strategy performance ● Live environment Strategy marketplace Explore copy-trading strategies Compare the numbers that matter before deciding whether a strategy belongs in your portfolio. Filter strategies Market All markets Forex Gold Indices Crypto Maximum drawdown: 30% Search Reset […] - [Success vs Failure](https://todaymarkets.com/success-vs-failure/): “`html Trading Psychology Success vs Failure. The decisions between them. Trading is not only a battle against the markets. It is often a battle against our own emotions, expectations and behaviour. A profitable trade can create overconfidence. A losing trade can create fear, frustration or desperation. Understanding what happens next may be just as important as understanding the position itself. Louis Roche Founder Today Markets. The human side of trading The market does not know whether you won or lost. Your mind does. Every trader eventually experiences the psychological consequences of a winning position and a losing one. The danger often […] - [bloomberg](https://todaymarkets.com/bloomberg/): TODAY MARKETS Global Markets News Stay informed with the latest developments across global financial markets, economies, companies and investment themes. MARKET NEWS GLOBAL NEWS SOURCE Bloomberg UPDATE LIVE FEED MARKETS Latest Financial News Bloomberg Markets Loading latest market news… Market intelligence for informed decision making. View Bloomberg Markets → - [Bank News](https://todaymarkets.com/bank-news/): All Banks Banking 03/08/2026 Banks Japanese Yen: Joint intervention reshapes FX dynamics – Commerzbank Commerzbank analyst Michael Pfister examines recent joint US–Japan intervention to support the Japanese Yen. He notes confirmation that US authorities… 03/08/2026 Banks British Pound: Rally may stall near 1.3555 against US Dollar – UOB United Overseas Bank’s (UOB) Quek Ser Leang highlights GBP/USD’s volatile session, with a spike from 1.3401 to 1.3481 and scope… 03/08/2026 Banks Oil: Red sea disruptions reshape global flows – Societe Generale Societe Generale analysts Michael Haigh and Jeremy Sellem describe how Red Sea and Bab al-Mandab security risks are forcing Oil… 03/08/2026 […] - [Institutional Research](https://todaymarkets.com/instutitional-research/): GLOBAL MARKET INTELLIGENCE Market News & Professional Analysis Stay informed with real-time financial news, institutional market research, expert commentary and daily market briefings covering Forex, Stocks, Indices, Commodities and Global Economic Events. Explore Today’s Analysis → Open Trading Account Research Centre 📊 Institutional Research → 📰 Market Commentary → 📈 Market Brief → 🌍 Today Markets Analysis → TODAY MARKETS Institutional Research Built Around Better Information. Markets move quickly. Good research helps you understand why. Today Markets brings together market intelligence, financial analysis and multi-asset research to help investors and professional market participants make more informed decisions. Research should create clarity, […] - [Our Philosophy](https://todaymarkets.com/our-philosophy/): “`html OUR PHILOSOPHY Trading is not a game. Your capital matters. At Today Markets, we believe financial markets should be approached with the seriousness, discipline and respect they deserve. Open an Account → Our Commitment SERIOUS ABOUT MARKETS Markets are serious. So are we. Financial markets are not a game, and successful trading is not about chasing quick wins or making impulsive decisions. Trading requires knowledge, discipline, preparation, risk awareness and a clear understanding of the markets. Every position carries risk, every decision has consequences and market conditions can change quickly. That is why Today Markets is built around something more […] - [White Label](https://todaymarkets.com/white-label/): TODAY MARKETS TERMINAL TMT WHITE LABEL Launch your brokerage with powerful trading infrastructure. Build a fully branded trading experience with Today Markets Terminal TMT white-label infrastructure designed for brokers, financial businesses and institutions looking to enter or expand within the global CFD, Forex, Crypto and multi-asset markets. Contact Us → Open an Account FOREX CFDs CRYPTO MULTI-ASSET WHITE LABEL TODAY MARKETS TERMINAL TMT What is White Label Today Markets Terminal TMT? White Label Today Markets Terminal TMT provides a streamlined way for businesses to establish a branded trading operation across Forex, Crypto, CFDs and multiple asset classes without having to build […] - [Market Brief](https://todaymarkets.com/market-brief/): Flash Story British Pound advances as weak US sales deepen USD slide SanDisk Gains 40% in Just Two Weeks Euro climbs as fading Fed hike expectations pressure US Dollar S&P 500 Holds Recent Rise US Dollar Approaches 2-Month Low Breaking Forex Trading Markets Technical Analysis British Pound advances as weak US sales deepen USD slide Today Markets August 14, 2026 0 Forex Trading Markets Euro climbs as fading Fed hike expectations pressure US Dollar Today Markets August 14, 2026 0 Trader Talk Forex Trading Markets Technical Analysis British Pound advances as weak US sales deepen USD slide Today Markets August 14, […] - [Market Intelligence](https://todaymarkets.com/market-intelligence/): MARKET INTELLIGENCE Built on Experience. Designed for Modern Markets. Developed through years of market knowledge and industry experience, MI Agent is designed around the information traders need to analyze markets, manage risk, and make informed decisions with confidence. Powered by Octalas AI Explore MI Agent ↗ Explore Intelligence ↓ OCTALAS AI MARKET INTELLIGENCE 98% Highly rated by thousands of users AI-POWERED MARKET INTELLIGENCE One Intelligent Layer Across Global Markets. MI Agent by Octalas AI is an intelligent market intelligence platform designed to support traders and market participants throughout every stage of the trading day. Combining technical analysis, fundamental research, economic monitoring, […] - [Trading Psychology](https://todaymarkets.com/trading-psychology/): “`html Today Markets Education Trading Psychology Learn how emotions, cognitive biases, discipline and decision-making can influence trading behaviour — and discover practical ways to build a more consistent approach to the markets. Start Learning Explore the Markets The Mind Behind the Trade What is trading psychology? Trading psychology describes the mental and emotional factors that influence how people interpret information, manage risk and make decisions in financial markets. Why psychology matters A trading strategy can look straightforward on paper, but following it consistently can become much harder when real money is at risk. Fear after a loss, excitement during a winning […] - [Learn Fundamental Analysis](https://todaymarkets.com/learn-fundamental-analysis/): “`html Today Markets Education Learn Fundamental Analysis Learn how economic data, interest rates, inflation, company financials, central bank policy and global events can influence markets and help traders understand the forces behind price movements. Start Learning Explore the Markets Fundamental Analysis 101 What is Fundamental Analysis? Fundamental analysis examines the economic, financial and broader factors that can influence the value of an asset. Instead of focusing primarily on price patterns, it looks at the forces that may affect supply, demand, growth, profitability and market expectations. Look beyond the price Markets respond to changing expectations about economic growth, inflation, interest rates, corporate […] - [Learn Technical Analysis](https://todaymarkets.com/learn-technical-analysis/): Today Markets Education Learn Technical Analysis Learn how traders use price action, candlestick charts, trends, support and resistance, and chart patterns to understand market behaviour and identify potential trading opportunities. Start Learning Explore the Guide Technical Analysis 101 What is Technical Analysis? Technical analysis is a method of studying market behaviour through price and trading activity. Rather than focusing primarily on the underlying value of an asset, technical analysts examine charts to identify trends, momentum, potential turning points and areas where buying or selling pressure may change. Price tells a story Every market transaction contributes to price movement. By studying how […] - [Today Markets Club](https://todaymarkets.com/today-markets-club/): “`html TODAY MARKETS Trade More. Get More From Your Trading. Welcome to a premium trading experience built around market access, advanced technology and the tools you need to trade with confidence. Open Account → Explore cTrader ↗ Global markets • Advanced technology • Professional tools TODAY MARKETS GLOBAL MARKETS ONE PLATFORM EUR / USD +0.28% GOLD +0.62% NASDAQ 100 +1.25% WTI OIL −0.35% THE TODAY MARKETS ADVANTAGE More than a trading account. A complete trading experience. Access the markets through a platform designed to combine powerful technology, competitive conditions and the tools traders need to stay informed and in control. 01 […] - [Trader Talk](https://todaymarkets.com/trader-talk/): Passion meets purpose Affiliate terms & conditions Welcome to the NextSaaS Affiliate Program! Please read these terms carefully to ensure you fully understand how our program works and what is expected. - [Newsever](https://todaymarkets.com/newsever/) - [cTrader Indicators](https://todaymarkets.com/ctrader-indicators/): Technical Analysis Tools Trading indicators for smarter market analysis. Explore tools designed to help traders analyse trends, momentum, volatility, volume and market structure across global financial markets. Search Indicators Explore Indicators All Indicators Trend Momentum Volatility Volume Market Structure AI-Assisted Analysis Popular Indicators Tools to support technical market analysis. Featured Most Popular Newest RSI Relative Strength Index A momentum indicator used to assess the speed and magnitude of recent price movements and identify potential overbought or oversold conditions. Momentum RSI Technical Analysis Learn more → M MACD A trend and momentum tool that compares moving averages to help analyse directional momentum […] - [Goup Index](https://todaymarkets.com/goup-index/): The Octalas Group Ecosystem Building the infrastructure for a more intelligent financial future. Explore a connected ecosystem of companies and platforms operating across payments, banking infrastructure, artificial intelligence, quantum technology, currency solutions, financial markets and trading education. One Ecosystem. Multiple Technologies. Technology built to move markets, money and intelligence forward. The Octalas Group ecosystem brings together specialised businesses and technology platforms focused on the future of financial services, payments, artificial intelligence, banking infrastructure and global markets. Each company operates with its own focus, technology and market proposition while contributing to a broader ecosystem designed to connect financial infrastructure with intelligent technology. […] - [Site Index](https://todaymarkets.com/site-index/): Today Markets Site Index Explore the Today Markets platform, global financial markets, trading tools, market analysis, educational resources and important company information. Trade Global Markets Access global markets through one intelligent trading platform with Forex, indices, commodities, stocks and other financial instruments. Explore Today Markets → Market Analysis Follow market commentary, technical analysis, economic developments and insights across global asset classes. Visit Market Analysis → 01 Today Markets Home Trade global markets from one platform. → About Today Markets Learn more about Today Markets. → Why Today Markets Discover our platform and trading environment. → Contact Us Get in touch with […] - [Our Commitment](https://todaymarkets.com/our-commitment/): OUR COMMITMENT Our Promise to Every Trader Who Chooses Today Markets At Today Markets, we believe that trading is more than just numbers on a screen — it is a journey of growth, discipline and opportunity. Every step of that journey matters. That is why our commitment goes beyond offering a powerful trading platform. We are dedicated to supporting your long-term development, your well-being and your journey towards becoming a more confident and resilient trader. Whether you are a first-time trader or a seasoned investor, you deserve more than a broker — you deserve a partner. BUILT AROUND YOUR JOURNEY More […] - [Why Today Markets](https://todaymarkets.com/why-today-markets/): One Platform • Multiple Markets Keeping Markets Simple Everything you need to access global financial markets, understand market opportunities and develop your trading knowledge — all in one place. Powerful Tools Advanced technology designed to support informed trading decisions. User Friendly Intuitive platforms and tools designed for traders at every level. Regulated Built around compliance, transparency and responsible engagement. 9 Years in Business — And Counting Since 2016, Today Markets has been focused on helping traders access global financial markets through technology, market insight and professional trading tools. With experience across financial markets and trading technology, we are building a platform […] - [Code of Conduct](https://todaymarkets.com/code-of-conduct/): Integrity • Accountability • Trust Code of Conduct The standards of professional behaviour, integrity, responsibility and ethical conduct that guide Today Markets and everyone who represents our organisation. Our Commitment to Ethical Conduct At Today Markets, our mission is to provide transparent, secure and responsible trading services to our global clients. This Code of Conduct establishes the standards of professional behaviour, integrity and compliance expected across all levels of our organisation. All employees, contractors, management and partners are expected to uphold these principles and conduct themselves with honesty, professionalism and accountability. Our Core Values Integrity We act honestly and transparently in […] - [Business Model](https://todaymarkets.com/business-model/): Transparency & Trust How Today Markets Makes Money We believe transparency is essential to building long-term relationships with our clients. Here’s how our business model works and the costs that may apply when you trade with us. A Transparent Trading Model Today Markets generates revenue primarily through spreads, guaranteed stop-loss order premiums, currency conversion fees and overnight funding charges. We do not charge commission on positions where the applicable trading costs are incorporated into the spread. The specific costs applicable to your trading activity depend on the asset class, market conditions and product you trade. Spreads The difference between the buy […] - [Adherence](https://todaymarkets.com/adherence/): Client Conduct & Responsibility Due Care. Responsible Engagement. Today Markets is committed to maintaining the highest standards of integrity, professionalism and ethical conduct across every aspect of its business. Building Trust Through Responsible Conduct We strive to build long-term relationships with our clients by providing fair, transparent and responsible access to global financial markets. Our employees are expected to uphold strict standards of honesty, confidentiality and professional behaviour, ensuring every client is treated with respect and impartiality. Internal Policies Today Markets operates under a strict framework of internal policies and procedures designed to ensure fair, transparent and responsible engagement with all […] - [Today Markets Analysis](https://todaymarkets.com/today-markets-analysis/): “`html Today Markets Intelligence Understand the Markets. Trade with Perspective. Access independent market analysis, institutional intelligence, technical perspectives and live financial news across the global markets through Today Markets. Explore Today Markets Analysis → Global Markets. Independent Analysis. Today Markets Analysis brings together market intelligence, technical analysis, fundamental research, institutional insights, financial news and informed market perspectives across the markets that matter most to traders, investors and financial professionals. TRADING IDEAS Trade of the Day Explore selected market opportunities and trading ideas across global asset classes, supported by market analysis and evolving market conditions. TECHNICAL ANALYSIS Chart of the Day Discover […] - [Depth of Market](https://todaymarkets.com/depth-of-market/): “` Powered by Octalas Discover the Depth of Market Master your trades with institutional-style trading conditions and gain deeper insight into the supply, demand and liquidity shaping the markets. Sign Up with Today Markets Your Gateway to Depth of Market Welcome to a revolutionary trading experience with Depth of Market (DoM), a powerful tool that provides deeper insight into the financial markets. Today Markets gives traders the ability to observe supply and demand dynamics, assess liquidity and make more informed decisions with greater visibility into market conditions. Understanding Depth of Market Depth of Market goes beyond surface-level pricing by providing a […] - [cTrader Fees & Charges](https://todaymarkets.com/ctrader-fees-charges/): “` cTrader Fees & Charges Understand the commissions, spreads and applicable charges associated with trading different financial instruments on the Today Markets cTrader platform. “` “` Account Types One of the many benefits of Today Markets trading accounts is that you have the flexibility to choose an account that is aligned with your trading activity. Standard Account With a Standard Account on the cTrader platform, zero commissions are charged, as any applicable fee is built into the spread. Open an Account Raw Account With our popular Raw Account, you can trade forex and other trading instruments from as little as 0.0 […] - [Credit Terms and Conditions](https://todaymarkets.com/credit-terms-and-conditions/): Today Markets Awards Credit Terms and Conditions Explore the terms and conditions that apply to the promotional credit, bonus and referral programmes offered by Today Markets. Today Markets Awards Terms and Conditions Please take the time to carefully read and understand all documents related to the services offered by Today Markets.com. Before completing your registration, ensure that you are fully familiar with the contents of these documents. Important Information: Promotional programmes, referral rewards, deposit bonuses and other offers may be subject to specific eligibility criteria, conditions, restrictions and expiry periods. Please review the applicable terms and conditions carefully before participating in […] - [Security Fraud Prevention](https://todaymarkets.com/security-fraud-prevention/): Stay Alert: How to Detect and Avoid Security Fraud & Attacks As online fraud, phishing attempts and investment scams become increasingly sophisticated, staying informed and vigilant is essential to protecting your personal information, trading account and assets. Important: Fraudsters may attempt to impersonate Today Markets, its employees, representatives, partners or associated service providers. Always be cautious when receiving unexpected communications, payment requests or links asking for personal or account information. Beware of Fraudsters Impersonating Today Markets Criminals may attempt to pose as representatives of Today Markets and contact you through email, text messages, phone calls or social media platforms. They may […] - [Margin Requirements](https://todaymarkets.com/margin-requirements/): TRADING KNOWLEDGE Margin Requirements & Leverage Explained Understand how margin and leverage work together to give you access to larger trading positions while managing the risks of leveraged trading. Open an Account Practice Account THE BASICS What is margin? Margin is the amount of money you need to have in your trading account to open and maintain a leveraged position. Rather than depositing the full value of a trade, margin allows you to access a larger position by providing only a fraction of the total trade value. ₿ Margin is your trading requirement The higher the leverage available, the lower the […] - [New to Markets](https://todaymarkets.com/new-to-markets/): EDUCATION • SIMULATION • KNOWLEDGE Start the journey to trading success. Access more than 150 courses from 15 instructors and institutions. Build the knowledge, discipline and skills to take your trading journey to the next level. Explore New to Markets Open a Practice Account BUILD YOUR FOUNDATION It’s only easy when you know how. Learning how to trade stocks, forex and commodities is essential for anyone seeking to build a deeper understanding of financial markets. These markets provide opportunities to participate in global economic movements, manage risk and explore different investment strategies — but success requires knowledge, discipline and preparation. New […] - [Referral Bonus](https://todaymarkets.com/referral-bonus/): TODAY MARKETS REWARDS Referral Bonus. Share the opportunity. Get a bonus of up to $1,000 for every successful referral. Invite your friends to Today Markets and earn rewards as they begin their trading journey. Start Referring Today Referral Bonus T&Cs REWARD YOUR NETWORK The more they deposit, the more you earn. Invite friends, family or colleagues to join Today Markets and earn a referral bonus when they open an account and meet the qualifying conditions. It is a simple way to share access to global markets while being rewarded for your referral. 01 Refer a friend Click Refer Now to copy […] - [Loyalty Credit](https://todaymarkets.com/loyalty-credit/): REWARDING OUR LOYAL CLIENTS More from your next deposit. More opportunity to trade. Existing Today Markets clients can receive up to 50% extra trading credit on their next qualifying deposit. Reward your loyalty and trade with greater flexibility across global markets. Make a Deposit Login to Your Account TODAY MARKETS LOYALTY CREDIT Rewarding your loyalty with more trading credit. Our Loyalty Credit programme is designed for existing clients who want to receive additional trading credit when making a qualifying deposit. Depending on the amount deposited, eligible clients can receive up to 50% extra credit directly in their trading account. LOYALTY CREDIT […] - [Welcome Credit](https://todaymarkets.com/welcome-credit/): TODAY MARKETS WELCOME BONUS Get a 50% bonus on your first deposit. Add $100 or more in funds to your cTrader account and receive 50% extra trading credit to give you more flexibility as you begin trading global markets. Open an Account Log In TRADE WITH MORE FLEXIBILITY Get more from your first deposit. The Today Markets Welcome Bonus gives you 50% extra trading credit when you deposit $100 or more into your cTrader account. It’s designed to give eligible clients additional flexibility as they begin their trading journey. 01 50% extra credit Receive 50% additional trading credit on your first […] - [Active Trader Account](https://todaymarkets.com/active-trader-account/): ACTIVE TRADER PROGRAMME Realise your full trading potential. Designed for high-volume traders, Active Trader provides a premium trading experience with potential cash rebates, personalised support, exclusive access and benefits designed around your trading activity. Open an Account ↗ Log Into Your Account Active Trader eligibility applies to qualifying clients and trading activity. $10K Minimum account balance Open an account with at least $10,000 $50M Monthly trading volume Qualify through eligible monthly trading activity VIP Premium benefits Rewards and personalised support for active traders WHY ACTIVE TRADER More activity. More opportunity. Active Trader is designed to recognise and reward traders who are […] - [Standard Trading Account](https://todaymarkets.com/standard-trading-account/): STANDARD TRADING ACCOUNT Trade the markets. Your way. Ideal for traders looking for a traditional trading experience, the Standard Account offers competitive spreads, powerful trading platforms and access to a wide range of global markets. Open a Standard Account ↗ Open a Demo Account Not ready to trade live? Start with a practice account. 01 Apply Apply for a trading account 02 Fund Fund your account easily and securely 03 Trade Access our full range of global markets THE STANDARD ACCOUNT Simple, flexible control of your trading. Our Standard Account is designed for traders who want a straightforward way to access […] - [CFD Trading Calculator](https://todaymarkets.com/cfd-trading-calculator/): CFD TRADING TOOLS CFD Trading Calculator. Estimate the potential profit or loss of a CFD trade across forex, commodities, indices and cryptocurrencies. Understand how position size, price movement, spread and leverage can affect your trade. UNDERSTAND YOUR TRADE What is a CFD Trading Calculator? A CFD Trading Calculator is a tool designed to help traders estimate the potential outcome of a trade before opening a position. By entering an instrument, trade direction, position size, entry price and exit price, traders can estimate potential profit or loss based on the expected price movement. The calculator also considers factors such as spread and […] - [Commodities Profit Calculator](https://todaymarkets.com/commodities-profit-calculator/): COMMODITY TRADING TOOLS Commodities Profit Calculator. Estimate potential profit and loss before you trade gold, silver, crude oil and other commodities. Understand the potential impact of price movement, trading costs, commissions, swaps and margin. UNDERSTAND THE NUMBERS What is a Commodities Profit Calculator? A Commodity Profit Calculator is a tool that helps traders and investors estimate potential profits or losses based on different trading inputs. By entering details such as the commodity, trade direction, position size, entry price and exit price, traders can gain a clearer view of the potential outcome of a trade. The calculator can also help estimate the […] - [Forex Trading Calculators](https://todaymarkets.com/forex-trading-calculators/): TRADING TOOLS Calculate before you trade. Make more informed trading decisions with powerful forex calculators designed to help you manage position size, margin, pip value, profit, loss and risk. Forex Margin Calculator Calculate required trading margin MARGIN Lot Size Calculator Determine your optimal position size LOT SIZE Pip Value Calculator Understand the value of every pip PIPS Profit & Loss Calculator Estimate potential trade outcomes P&L Risk Reward Calculator Evaluate risk and potential reward RISK Plan your trade with greater precision. Use professional tools before entering the market. Explore Web Trader ↗ - [Market Commentary](https://todaymarkets.com/market-commentary/): TODAY MARKETS · MARKET COMMENTARY Market Commentary. Insights That Move With The Markets. Stay informed with Today Markets market commentary, bringing together expert views, market developments and analysis across global financial markets. 08 Market Videos 24/7 Global Markets LIVE Market Focus Watch Market Commentary → Market Analysis Global Markets “`html MARKET INTELLIGENCE Stay Ahead of the Global Markets Access market insights, trading perspectives and financial intelligence from Today Markets — helping you understand the opportunities shaping global markets. MARKET INSIGHT Today Markets Trader Talk Explore the latest developments shaping equity markets and global investment opportunities. MARKET ANALYSIS What Is Moving Commodities? […] - [Execution](https://todaymarkets.com/execution/): EXECUTION QUALITY & TRANSPARENCY Reliable execution. Built for every trade. We are committed to delivering fast, reliable and transparent trade execution, helping you access global markets with confidence. Exceptional Trade Executions Fast trade execution is critical to your success, and we challenge ourselves every day to deliver a better trading experience. Our technology is designed to process valid trade requests efficiently, with a focus on speed, price and reliability. 100% Of trades successfully executed 100% Of limit orders filled at requested price or better 74.14% Of limit orders price improved 1.03 Average price improvement in pips per FX limit order 0.02% […] - [Trading Costs](https://todaymarkets.com/trading-costs/): TRANSPARENT TRADING COSTS Know your costs.Trade with clarity. Understanding the costs of trading is essential. At Today Markets, we aim to present our pricing, spreads, commissions, rollovers and other charges clearly, so you can make informed trading decisions. Start Trading Now Try a Demo Account Our Trading Costs An organised trader should understand the charges and fees they may encounter. We believe trading costs should be presented clearly and transparently, allowing you to understand how pricing works before you open a position. Flexible Account Solutions When you open an account with Today Markets, you are in control of the pricing model […] - [Precious Metals](https://todaymarkets.com/precious-metals/): Global Metals Markets Trade the world’s major metals markets From precious metals such as gold, silver and platinum to the industrial metals powering construction, manufacturing, electric vehicles and the global energy transition, explore some of the world’s most important commodity markets. Metals markets. Global opportunity. Metals play a central role in the global economy. They are used as stores of value, industrial inputs, construction materials, energy-transition resources and essential components of modern technology. Explore individual metals markets and learn about the factors that can influence prices. Precious Metals Gold Futures – XAU/USD Gold has been used as a store of wealth […] - [Iron Ore Futures](https://todaymarkets.com/iron-ore-futures/): GLOBAL COMMODITIES · METALS · FUTURES Iron Ore Futures Trade and gain exposure to one of the world’s most important industrial commodities. Understand the market drivers, supply dynamics and economic forces that influence iron ore prices. What Is Iron Ore? Iron ore is the rock from which metallic iron is extracted. Through a range of industrial processes, companies process iron ore to create pig iron, the primary material used to manufacture steel. Approximately 98% of mined iron ore is used in steel production, making it one of the world’s most important industrial commodities. Strong demand for steel across construction, engineering, manufacturing […] - [Steel Futures](https://todaymarkets.com/steel-futures/): Steel Futures Trade Steel Futures and gain exposure to one of the world’s largest and most important physical commodity markets. Speculate on steel price movements and global industrial demand without taking ownership of physical steel. About Steel Futures Steel is one of the most widely used commodities in the world and one of the largest physical commodity markets globally. Annual global steel production exceeds the combined production of many other major industrial metals. Steel is primarily produced from iron ore and recycled steel scrap. Steel is also one of the most recycled materials in the world and can be recycled repeatedly […] - [Nickle Futures](https://todaymarkets.com/nickle-futures/): Nickel Futures Trade Nickel Futures and CFDs and gain exposure to one of the world’s most important industrial metals. Speculate on rising and falling nickel prices without owning or storing the physical commodity. About Nickel Futures Nickel is a major industrial metal with a central role in stainless steel production, electric vehicle batteries and energy storage systems. As global industrial activity and investment in clean energy continue to evolve, demand for nickel remains closely connected to manufacturing, infrastructure and the global energy transition. With Today Markets, traders can gain exposure to nickel price movements through CFDs, allowing them to speculate on […] - [Platinum Futures](https://todaymarkets.com/platinum-futures/): Precious Metals • Futures • CFDs Platinum Futures Discover how to trade platinum and gain exposure to one of the world’s rarest and most versatile precious metals. Trade Platinum with Today Markets Platinum is one of the rarest precious metals on Earth. Although platinum can be found in meteorites, the amount produced each year is significantly lower than gold and silver. Its unique metallic properties have made it an important material across a wide range of commercial and industrial industries. Platinum is highly resistant to extreme temperatures, does not easily oxidise when exposed to air and is resistant to many chemicals. […] - [Copper Futures](https://todaymarkets.com/copper-futures/): Global Commodities • Metals Trading Copper Futures Discover how copper markets work, what drives copper prices and how traders can gain exposure to one of the world’s most important industrial commodities. Copper Trading Copper has been used by civilisations for thousands of years and remains one of the most important industrial metals in the modern global economy. From electrical wiring and construction to renewable energy systems, batteries and advanced technologies, copper plays a critical role in economic development. Copper trading allows market participants to speculate on the price movements of the metal without necessarily taking ownership of the physical commodity. Through […] - [Silver Futures](https://todaymarkets.com/silver-futures/): PRECIOUS METALS • COMMODITIES Silver Futures. Trade the metal that powers industry. Silver combines the characteristics of a precious metal with the industrial demand of a global resource. Learn how silver prices move, what drives the market and how traders can gain exposure to silver through CFDs. Open an Account Explore Demo Trading Trading Symbol Silver / YI Market Type Precious & Industrial Metal Trading Hours Up to 23 hours per day Trading Method CFD Trading Silver Trading Silver is one of the world’s most versatile commodities. While it is widely regarded as a precious metal alongside gold, silver also plays […] - [Gold Futures](https://todaymarkets.com/gold-futures/): “` PRECIOUS METALS • XAU/USD Trade Gold. The world’s ultimate safe haven. Gold has been used as a store of wealth, a medium of exchange and a portfolio diversifier for thousands of years. Today, traders can gain exposure to gold prices without owning or storing the physical metal. Trade Gold Learn How Gold Trading Works Gold Trading Basics A market with thousands of years of history. Gold holds a unique position in global financial markets. It has historically served as a medium of exchange, a store of wealth and a hedge during periods of economic uncertainty. Today, traders do not need […] - [Soft Commodities](https://todaymarkets.com/soft-commodities/): GLOBAL COMMODITY MARKETS Soft Commodities. Real markets. Real opportunity. Explore the agricultural and livestock markets that shape global food supply, international trade and commodity prices. Discover the fundamentals, market drivers and trading strategies behind some of the world’s most widely traded soft commodities. Explore Markets Trade Global Markets Understanding Soft Commodities The markets behind the global economy. Soft commodities are agricultural and livestock products that are grown, harvested or produced around the world. From coffee and cocoa to wheat, sugar, soybeans, corn and live cattle, these markets play a central role in global food production and international trade. Their prices can […] - [Corn Futures](https://todaymarkets.com/corn-futures/): “` Commodity Trading Guide Corn Futures: Corn Trading Basics Learn what drives corn prices, how supply and demand influence the global grain market, the different ways to trade corn and the key factors that can create opportunities and risk for traders. Corn Trading Basics A global grain market driven by weather, demand and production Corn is one of the world’s most widely grown agricultural commodities and is used across food production, animal feed and industrial applications. Corn futures allow traders and commercial market participants to gain exposure to future corn prices. Because corn is a seasonal agricultural crop, the market can […] - [Live Cattle Futures](https://todaymarkets.com/live-cattle-futures/): Commodity Trading Guide Live Cattle Futures: Cattle Trading Basics Understand what drives live cattle prices, how the livestock market works, the different ways to trade cattle and the key factors that can influence global meat and livestock markets. Live Cattle Trading Basics A global livestock market driven by supply, demand and cycles Live cattle futures give traders exposure to the expected future price of cattle. The market is closely linked to the global food supply chain and can be influenced by livestock numbers, feed costs, consumer demand and wider economic conditions. Unlike agricultural commodities such as wheat, coffee and soybeans, live […] - [Soybean Futures](https://todaymarkets.com/soybean-futures/): Commodity Trading Guide Soybean Futures: Soybean Trading Basics Understand the three major soybean markets, what drives soybean prices, the different ways to trade soybeans and the popular spread strategies used by commodity traders. Soybean Trading Basics Three markets. One global commodity complex. There are three main soybean products available to trade on the commodities market: soybeans, soybean oil and soybean meal. Each product has different uses, which means their prices can move in different ways. Soybean meal is largely used in animal feed, while whole soybeans are used in products such as tofu, soy milk, soy sauce and miso. Soybean oil […] - [Sugar Futures](https://todaymarkets.com/sugar-futures/): Commodity Trading Guide Sugar Futures: How to Trade Sugar Discover what moves sugar prices, the world’s leading sugar producers, popular sugar trading strategies and how traders can gain exposure to one of the world’s most actively traded soft commodities. Sugar Trading Basics How to trade sugar Sugar was once a commodity reserved largely for the wealthy, but today it is one of the most commonly traded commodities in the world. Produced from sugarcane and sugar beets, sugar is used for much more than sweetening food. It is also used in a wide range of products and can be used in the […] - [Wheat Futures](https://todaymarkets.com/wheat-futures/): Commodity Trading Guide Wheat Futures: Wheat Trading Discover what wheat trading is, how wheat futures and options work, what moves wheat prices and how traders can gain exposure to one of the world’s most important agricultural commodities. Wheat Trading Basics What is wheat trading? Wheat trading is the act of speculating on the upward or downward price movements of wheat without taking actual ownership of the underlying commodity. Traders can potentially gain exposure to both rising and falling wheat prices, depending on the financial instrument and trading strategy they choose. Wheat is classified as a soft commodity because it is a […] - [Coffee Futures](https://todaymarkets.com/coffee-futures/): Commodity Trading Guide Coffee Futures: Coffee Trading Basics Discover how the global coffee market works, what moves coffee prices, the world’s leading producers and the strategies traders use to analyse changing coffee markets. Coffee Trading Basics A global commodity with a multi-billion-dollar economy Coffee is one of the most highly traded commodities in the world. It is grown in tropical and sub-tropical regions and consumed across almost every part of the globe. The coffee industry has created a complex global economy involving farmers, exporters, producers, distributors, retailers and financial markets. For traders, coffee is an interesting commodity because prices can be […] - [Cocoa Futures](https://todaymarkets.com/cocoa-futures/): Commodity Trading Guide Cocoa Futures: Cocoa Trading Basics Discover what drives the cocoa market, how cocoa futures work, the countries that produce the world’s cocoa and the strategies traders use to analyse changing cocoa prices. Cocoa Trading Basics From ancient crops to a global financial market Cocoa has a rich and fascinating history. Used by ancient tribes as early as 600 AD and exported to Europe from the 16th century, cocoa has grown into one of the world’s most important agricultural commodities. Today, cocoa attracts traders almost as much as it attracts chocolate lovers. Its price can be influenced by weather, […] - [Cookie Policy](https://todaymarkets.com/cookie-policy/): “` COOKIES & ONLINE TECHNOLOGIES Cookie Policy This Cookie Policy explains how Today Markets uses cookies and similar technologies to provide, secure, improve and personalise our websites and online services. Effective Date: 21 July 2026 YOUR ONLINE EXPERIENCE Understanding how cookies work When you visit the Today Markets website or use certain online services, we may use cookies and similar technologies to help our websites function, remember your preferences, understand how our services are used and improve your overall experience. This Cookie Policy should be read together with our Privacy Policy, which explains how Octalas Group Limited collects, uses and protects […] - [Privacy Policy](https://todaymarkets.com/privacy-policy-3/): PRIVACY & DATA PROTECTION Privacy Policy At Today Markets, we take the privacy and security of your personal information seriously. This Privacy Policy explains how we collect, use, protect and manage personal data when you use our website, trading services, platforms and related services. Effective Date: 21 July 2026 YOUR PRIVACY MATTERS How we handle your personal information This Privacy Policy applies to personal information processed in connection with the Today Markets website, trading platforms, applications, account-opening processes, customer support services, educational services and other services provided through the Today Markets brand. The data controller responsible for your personal data is […] - [Complaints Guide](https://todaymarkets.com/complaints-guide/): CUSTOMER CARE & SUPPORT Queries & Complaints At Today Markets, treating customers fairly is central to our corporate culture. We value your feedback and are committed to addressing your questions, concerns and complaints fairly, transparently and professionally. WE ARE HERE TO HELP Your feedback matters to us Octalas Group Limited (“Octalas”), through the Today Markets platform, strives to provide a high level of customer service and build strong, long-lasting relationships with its clients. We view your comments, suggestions and concerns as an opportunity to improve our products and services. ? GENERAL QUERY Typically Sorted in 24 Hours If you have a […] - [Online Safety Policy](https://todaymarkets.com/online-safety-policy/): SECURITY & PROTECTION Online Safety Policy At Today Markets, we take the safety and security of our clients seriously. We work to protect your personal and financial information while helping you stay safe when using our online services. Effective Date: 29 September 2025 OUR COMMITMENT Your online safety matters This Online Safety Policy outlines the measures we take to protect your personal and financial information, as well as the steps you can take to help protect yourself from common online threats. 01 Our Commitment to Your Online Safety We are committed to providing a secure online environment for our clients and […] - [How to Delet App](https://todaymarkets.com/how-to-delet-app/): APP SUPPORT How to Delete the Today Markets App If you no longer wish to use the Today Markets app, you can easily remove it from your Android device in just a few simple steps. SIMPLE APP MANAGEMENT Remove the app from your Android device Deleting the Today Markets app is quick and straightforward. Follow the steps below to uninstall the application from your Android smartphone or tablet. 01 Open Google Play Store Open the Google Play Store application on your Android device. 02 Find the Today Markets App Tap the search bar at the top of the Google Play Store, […] - [Earnings Calendar](https://todaymarkets.com/earnings-calendar/) - [Dividend Calendar](https://todaymarkets.com/dividend-calendar/) - [Economic Calendar](https://todaymarkets.com/economic-calendar/): MQL5 Algo Trading Community - [Market Trading Hours](https://todaymarkets.com/market-trading-hours/): MARKET ACCESS Market Trading Hours Explore the trading hours for the global markets and instruments available through Today Markets. Trading hours are displayed in GMT and may vary due to public holidays, market events and changes in underlying market conditions. 24/7 Global Market Access ! Important Trading Hours Information The trading hours shown below are provided in GMT. Trading hours may change due to daylight saving time, public holidays, market closures, liquidity conditions or other factors affecting the underlying market. Please check the trading platform for the latest available trading hours before placing a trade. 01 Stocks Instrument Trading Days Daily […] - [Client Trading Specialist](https://todaymarkets.com/client-trading-specialist/): CLIENT TRADING SPECIALIST Learn. Trade. Grow. At Today Markets, our Client Trading Specialists are dedicated to educating and empowering clients to become more confident, capable and informed traders. BUILD YOUR TRADING KNOWLEDGE Practical knowledge for more confident trading The Client Trading Specialist provides personalized training and ongoing support to help clients understand the fundamentals of online trading, including market analysis, order execution, risk management and the effective use of trading tools. Working closely with new and existing clients, the specialist tailors guidance to each client’s experience level, knowledge and trading objectives. Through practical demonstrations, platform guidance and answers to in-depth questions, […] - [Clent Success Manager](https://todaymarkets.com/clent-success-manager/): CLIENT SUCCESS Your Success Is Our Priority At Today Markets, our Client Success Managers are at the heart of your trading journey. From your first account opening to platform setup and beyond, we provide the guidance, support and resources you need to trade with greater confidence. MORE THAN JUST SUPPORT A dedicated partner throughout your trading journey From the moment a new client opens an account, the Client Success Manager ensures they are fully supported through every stage of their experience with Today Markets. From onboarding and platform setup to early trading activity, clients receive personalized guidance and practical assistance designed […] - [Gen Accounts](https://todaymarkets.com/gen-accounts/): One Platform. Multiple Perspectives. Trade the markets your way. Different generations. Different experiences. Different ways of seeing opportunity. Today Markets gives every trader access to a global trading environment built around their approach to the markets. The markets change. The way we trade changes with them. Trading is no longer defined by a single strategy or a single type of trader. Some traders want speed and constant connectivity. Others prefer balance, research and diversification. Experienced market participants may focus on capital preservation, discipline and long-term opportunity. Generation Z Gen Z Fast-moving. Digital-first. Always connected. Markets never stop moving — and neither […] - [Raw Spread Account](https://todaymarkets.com/raw-spread-account/): Professional Pricing RAW spreads. Transparent pricing. Trade with competitive pricing and spreads that can start from 0.0 pips, combined with a transparent commission structure designed for active traders. Open a RAW Spread Account → Explore Pricing Commission $5 per $100,000 USD notional traded RAW Spread Pricing Built for traders who demand competitive pricing. For our RAW Spread accounts, we charge $5 per $100,000 USD traded. Keep in mind that each completed roundtrip trade consists technically of two separate trades, meaning that a commission is charged for each leg of the trade. For example, opening a trade with a buy of 100,000 […] - [Practice Account](https://todaymarkets.com/practice-account/): PRACTICE WITHOUT THE PRESSURE Account Insights At Your Fingertips Build your trading knowledge, test strategies and develop confidence with a Today Markets Practice Account before putting real capital at risk. Start Practicing Today → Discover More ↓ TEST New Strategies LEARN Market Fundamentals BUILD Trading Discipline LEARN. TEST. IMPROVE. Your trading journey starts with practice. Opening a Today Markets Practice Account is one of the most important first steps for both new and experienced traders. For beginners, it provides a safe, risk-free environment to understand the fundamentals of the market — including how currency pairs work, how leverage affects trades, and […] - [Islamic Account](https://todaymarkets.com/islamic-account/): Islamic Trading Account Trade global markets. Aligned with your principles. The Today Markets Islamic Trading Account is designed for clients who wish to trade global financial markets while taking account of the principles that guide their faith and financial practices. Open an Account → How It Works Islamic account option Designed for clients who follow Sharia principles. Up to 5 days Positions may be held without overnight swap charges for the applicable period. Global markets Access Forex, commodities, indices and other available markets. A trading account designed around your requirements. Online trading provides access to global markets and a wide range […] - [Professional Account](https://todaymarkets.com/professional-account/): Professional Trading Account Professional trading. Built for serious traders. The Professional Trading Account is designed for experienced traders who meet the applicable eligibility criteria and want access to a professional trading environment with increased leverage potential and additional trading advantages. Open an Account → Check Eligibility Increased leverage potential Designed for eligible professional clients. Professional trading environment Access powerful trading tools and global markets. Dedicated support Access a personal point of contact when you need assistance. Am I eligible to become a Professional Trader? To qualify as an elective professional client, you may need to meet the applicable regulatory eligibility criteria. […] - [Introducing Brokers](https://todaymarkets.com/introducing-brokers/): “`html Introducing Broker Partnership Become an Introducing Broker. Build. Refer. Earn. Join the Today Markets IB Partner Programme and earn commissions from qualified clients. The more your clients trade, the more opportunity you have to earn. Start Earning Today → Calculate Your Potential Up to 40% Commission opportunities 47k+ Traders choosing Today Markets 24/5 Dedicated account manager support How much can I potentially make? Drag the slider to see your potential average monthly income from introducing qualified traders. Become an IB Partner → *Calculation for reference only. *Results may vary depending on account level. *Actual commissions may vary according to the […] - [Web Trader](https://todaymarkets.com/web-trader/): Web Trader Trade globally. No download. Just connect. Access the markets directly from your browser with Today Markets Web Trader. No software installation required. Simply log in and connect to a powerful trading environment from virtually anywhere. Launch Web Trader → Open an Account Platform Access Browser-based No download required Global Markets 24/5 Market access No installation Access your trading platform directly from your browser. Trade from anywhere Use a compatible desktop or laptop with an internet connection. Powerful tools Access charts, markets, watchlists and trading functionality. Your trading platform, available in your browser. Web Trader gives you a flexible way […] - [Trading App](https://todaymarkets.com/trading-app/): Mobile Trading The markets. In your pocket. Wherever you go. Trade global markets from your mobile device with the Today Markets trading app. Monitor markets, analyse price movements and manage your trading activity wherever you are. Download for Android Download for iPhone ▶ GET IT ON Google Play  DOWNLOAD ON THE App Store TODAY MARKETS MARKETS OPEN ACCOUNT BALANCE $75,000.00 +$1,284.50 TODAY MARKETS EUR/USD 1.0850 +0.28% GOLD 2,345.85 +0.62% NASDAQ 100 16,920 +1.25% Trade on the move Stay connected to global markets wherever you are. Monitor markets Follow instruments, prices and market movements. One trading environment Access your trading experience […] - [Social Trader](https://todaymarkets.com/social-trader/): “`html Social Trading Discover strategies. Follow traders. Trade your way. Explore a more connected trading experience. Discover trading strategies, follow market participants and gain insights from the wider trading community. Open an Account → Explore Social Trading TODAY MARKETS TM Global Strategy Market participant FOLLOW Performance +24.80% Followers 1,248 Risk Level Medium Community Activity 1,248 Followers tracking this strategy Explore strategies Discover different approaches to analysing the markets. Follow market participants Stay connected to trading activity and market perspectives. Make your own decisions Use available information to develop your own trading approach. Connected market experience A connected approach A more connected […] - [MetaTrader 5](https://todaymarkets.com/metatrader-5/): Trading Platform Trade with confidence. Powered by MetaTrader 5. Access global financial markets through MetaTrader 5, a powerful multi-asset trading platform built for market analysis, trading and portfolio management. Open an Account → Explore the Platform TODAY MARKETS MARKET WATCH CHARTS TRADE HISTORY EUR/USD 1.0850 +0.28% GOLD 2,345.85 +0.62% NASDAQ 100 16,920.75 +1.25% Market Movement +1.25% Market activity rising Multi-asset trading Explore multiple financial markets through one platform. Advanced market analysis Access charts and tools designed for market analysis. Trade across devices Stay connected to the markets wherever you are. One platform. Multiple markets. More ways to trade. MetaTrader 5 gives […] - [cTrader](https://todaymarkets.com/ctrader/): “`html Trading Platform Trade with clarity. Powered by cTrader. Access global financial markets through cTrader, a modern trading platform designed to give you a clear, intuitive and powerful trading experience. Analyse markets, monitor positions and manage your trading activity through one connected environment. Open an Account → Explore the Platform TODAY MARKETS MARKETS WATCHLIST CHARTS POSITIONS EUR/USD 1.0850 +0.28% GOLD 2,345.85 +0.62% NASDAQ 100 16,920.75 +1.25% Market Movement +1.25% Market activity rising Modern trading experience Designed for clarity, analysis and control. Global market access Explore markets through one connected platform. Trade across devices Access your trading environment wherever you are. A […] - [Forex](https://todaymarkets.com/forex/): Forex Trading | Trade Global Currency Markets Online | Explore global currency markets with Today Markets. Trade forex with Today Markets. Access global currency markets, monitor major currency pairs and explore opportunities across the world’s most traded currencies from one powerful trading platform. Join Now Trade the World’s Largest Financial Market Forex trading gives you access to the global currency market, where currencies are traded around the clock across major financial centres worldwide. With Today Markets, explore opportunities across major, minor and exotic currency pairs, monitor market movements and trade global currencies through one powerful, intuitive platform designed for modern traders. […] - [Commodities](https://todaymarkets.com/commodities/): Commodities Trading | Trade Global Commodities Online | Explore global digital commodities markets with Today Markets. Trade global commodities with Today Markets. Access opportunities across precious metals, energy, agriculture and other major commodity markets from one powerful trading platform. Join Now Commodities Speculate on the raw materials driving the global economy. Sign up to trade CFDs on energy markets like Oil and Gas, metals like gold and silver, and soft commodities like corn and cocoa. Discover the key features of our mobile app. Trade Crypto CFDs on the move with the Today Markets apps for iOS and Android mobile and tablet […] - [ETFs](https://todaymarkets.com/etfs/): ETF Trading | Trade Global ETFs Online | Explore global ETF markets with Today Markets. Trade ETFs with Today Markets. Access diversified markets through exchange-traded funds, monitor price movements and explore opportunities across global sectors and asset classes. Join Now ETFs Trade CFD ETFs – Exchange Traded Funds – to gain exposure to a wide range of stock markets, sectors, commodities, bonds and currencies. Buy the ones you like, short the ones you don’t. Discover the key features of our mobile app. Trade bond CFDs on the move with the Today Markets apps for iOS and Android mobile and tablet devices. […] - [Shares](https://todaymarkets.com/shares/): Shares Trading | Trade Global Stocks Online | Explore global Stock markets with Today Markets. Trade shares with Today Markets. Access global stock markets, monitor share price movements and explore trading opportunities across leading companies and global equities. Join Now Shares CFD rading With todaymarkets.com we offer leveraged trading on CFD over stocks with low spreads. Trade shares listed in major and minor markets all over the world. Easily long or short individual shares according to your trading decisions and risk apatite. Discover the key features of our mobile app. Trade Crypto CFDs on the move with the Today Markets apps […] - [Crypto](https://todaymarkets.com/crypto/): Crypto Trading | Trade Global Cryptocurrencies Online | Explore global digital currency markets with Today Markets. Trade cryptocurrencies with Today Markets. Access global digital asset markets, monitor crypto price movements and explore trading opportunities across leading cryptocurrencies. Join Now What is cryptocurrency CFD trading? Contracts for Difference (CFDs) represent a sophisticated financial instrument through which investors can engage with cryptocurrency markets without direct asset ownership. When entering a cryptocurrency CFD trade, an investor establishes a contractual agreement with a broker to settle the price differential of a specific digital currency between the contract’s opening and closing points. Key Characteristics of Cryptocurrency […] - [Indices](https://todaymarkets.com/indices/): Indices Trading | Trade Global Stock Indices Online | Explore global Indice markets with Today Markets. Trade global stock indices with Today Markets. Access major markets, monitor index movements and explore trading opportunities across leading global equity indices. Join Now How to trade indices CFDs First, select a reputable online broker offering index CFD trading, ensuring it is regulated and provides competitive spreads. Open a trading account, complete verification processes, and fund your account with sufficient capital. Choose the specific index you want to trade, such as the Dow Jones, S&P 500, or China A50. Conduct thorough market analysis using technical […] - [Bonds](https://todaymarkets.com/bonds/): Bond CFDs | Trade Global Bond Markets Online | Explore global bond markets with Today Markets. Trade bond CFDs with Today Markets and access global fixed-income markets. Explore bond market opportunities, monitor prices and manage your trading strategy online. Join Now What is a bond? A bond is a loan or purchase that the bondholder makes to the issuer. Bonds can be issued by governments, corporations, or bodies that are looking to raise capital. When you buy a bond, you’re giving the issuer a loan in return for a bond. The issuer promises to pay you interest periodically and to return […] - [Press](https://todaymarkets.com/press/): Press Stay updated with the latest from NextSaaS Explore official press releases, product announcements, and media coverage all in one place. Download press kit Build AI Press A trusted name in SaaS innovation NextSaaS empowers creators, teams, and enterprises to scale smarter with AI-powered tools and seamless integrations. Our mission is to redefine digital productivity through design, automation, and simplicity. G2 awards - [Success Stories](https://todaymarkets.com/success-stories/): Success stories that inspire innovation Discover how teams and creators are scaling faster, simplifying workflows, and unlocking growth all powered by NextSaaS. NextSaaS resumes have helped users land jobs at top companies. Spotlight Stories Real results from real teams Read customer stories Share your story We easily converted scripts into natural voices and scaled our ad campaigns faster than ever. Andrew Gasiorowski NLP Engineer Goodcall Case study SoundWave Studios boosts video output by 40% using AI-generated voices. Read now 50 % less time spent on dubbing compared to traditional workflows. The voice clarity and tone customization blew us away! Carlos M. […] - [Legal Pack](https://todaymarkets.com/legal-pack/): Legal Pack Today Markets Legal Pack Please take the time to carefully read and understand all documents related to the services offered by Today Markets.com. Before completing your registration, ensure that you are fully familiar with the contents of these documents. Client Complaints Handling Policy Welcome to Today Markets. Client Complaints Handling (“Policy”) Read More Conflicts of Interest Policy Welcome to Today Markets. Conflicts of Interest (“Policy”) Read More Cookie Disclosure Policy Welcome to Today Markets. Cookie Disclosure (“Policy”) Read More Costs And Charges Schedule Welcome to Today Markets. Costs and Charges Schedule (“Policy”) Read More Terms And Conditions Welcome to […] - [Download](https://todaymarkets.com/download/): “`html TODAY MARKETS Download Your Trading Platform. Trade global markets wherever you are. Download Today Markets trading platforms for desktop, mobile or access your account instantly through Web Trader. Forex · Indices · Commodities · Stocks · Futures CHOOSE YOUR PLATFORM Trade from virtually anywhere. Choose the platform that fits the way you trade. Today Markets provides access across desktop, web and mobile, giving you the flexibility to monitor markets and manage positions wherever you are. cTRADER cTrader A powerful trading environment designed for traders who want advanced charting, market analysis, fast execution and a professional trading experience across desktop, web […] - [Security Policy](https://todaymarkets.com/security-policy/): SECURITY & PROTECTION Security of Funds & Trading Technology Protecting your funds, personal information and access to the financial markets is at the heart of the Today Markets experience. ✓ Segregated Client Funds ✓ Secure Trading Infrastructure ✓ Robust Security Protocols BUILT AROUND SECURITY Protection at every stage of your trading journey At Today Markets, we understand that trust is fundamental to every client relationship. We combine operational controls, segregated client money arrangements and robust technology security practices to help protect the integrity of our services and the information entrusted to us. $ CLIENT MONEY Segregated Client Funds Where required by […] - [Glossary](https://todaymarkets.com/glossary/): “` Trading Knowledge Forex & CFD Glossary From A to Z. Explore essential terminology used across the foreign exchange and CFD markets. Build your understanding of trading concepts, market terminology, instruments, orders, risk management and more. A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A Terms beginning with A Ask Price The price at which a trader can buy an instrument. It is typically higher than the bid price. Asset A financial instrument or market that can be traded, such as a currency […] - [Affiliates](https://todaymarkets.com/affiliates/): Today Markets affiliate program Earn up to $1,300 per referral! Become part of the Today Markets family by joining our Affiliate Program. Help businesses grow while you earn generous commissions — it’s a win-win! Join Now Partner With Today Markets and Grow With Global Markets Join the Today Markets Affiliate Program and turn your audience, network and digital presence into a rewarding partnership with a global trading platform. Whether you are a financial educator, content creator, website owner, influencer or professional networker, our affiliate programme gives you the opportunity to introduce new clients to the world of global markets. Turn your […] - [Our Services](https://todaymarkets.com/our-services/): “` OUR SERVICES Access the world’s markets. Trade with clarity. Today Markets provides traders with access to a broad range of global financial markets, powerful trading technology, market education and the tools needed to make more informed decisions. GLOBAL MARKET ACCESS A destination for organised markets. From foreign exchange and commodities to indices, metals, bonds, cryptocurrencies and stocks, Today Markets brings multiple asset classes together through one connected trading environment. Our goal is simple: provide access to global markets through a transparent, technology-driven platform designed around competitive pricing, efficient execution and a better trading experience. Open an Account → GLOBAL MARKETS […] - [About us](https://todaymarkets.com/about-us/): TRADE GLOBAL MARKETS Global Markets One Intelligent Platform Stocks, Commodities, Indices, and Futures with a focus on transparent pricing. Commissions and spreads reflect real market liquidity and risk, because there is no free lunch in efficient markets. Register → Practice Account ↗ Transparent Pricing Real spreads. Real liquidity. No hidden costs. Multiple Markets Access Stocks, Commodities, Indices, and Futures. Fast Execution Technology built for speed, stability and reliability. Secure & Accountable Your funds and data are protected with top-tier security. GOLD ▲ SILVER ▲ COPPER ▲ PLATINUM ▲ PALLADIUM ▼ EUR/USD 1.0850 ▲ GBP/USD 1.2700 ▼ USD/JPY ▲ NASDAQ 100 ▲ […] - [News And Analysis](https://todaymarkets.com/news-and-analysis/): GLOBAL MARKET INTELLIGENCE Market News & Professional Analysis Stay informed with real-time financial news, institutional market research, expert commentary and daily market briefings covering Forex, Stocks, Indices, Commodities and Global Economic Events. Explore Today’s Analysis → Open Trading Account Research Centre 📊 Institutional Research → 📰 Market Commentary → 📈 Market Brief → 🌍 Today Markets Analysis → Market News & Global Market Updates Stay informed with the latest financial market news, economic developments and events shaping global markets. Follow the stories, trends and insights that matter across forex, stocks, indices, commodities and more. Markets Today Markets Sep 1, 2026 Gold […] - [Our Ecosystem](https://todaymarkets.com/our-ecosystem/): THE TODAY MARKETS ECOSYSTEM One Platform. Multiple Markets. Today Markets brings together trading, market intelligence, financial technology and digital infrastructure to create a connected ecosystem designed for modern markets. ↗ CORE PLATFORM Today Markets Access global financial markets through a powerful trading platform offering Forex, indices, commodities, stocks and more. Forex Indices Commodities Stocks Explore Today Markets → ◫ MARKET INTELLIGENCE Today Markets Analysis Access market commentary, technical analysis, financial news and educational insights to better understand the forces shaping global markets. News Analysis Education Explore Market Analysis → $ PAYMENTS Octalas Pay Modern payment infrastructure designed to help businesses and […] - [Integrations](https://todaymarkets.com/integrations/): Integrations & Algorithmic Trading Build smarter. Automate faster. Trade your strategy. Connect your trading strategies, automated systems and applications to powerful trading technology through Today Markets integrations and algorithmic trading solutions. Explore cTrader Automate Explore API Trading algorithm.cs // Today Markets automated strategy protected override void OnStart() {    ExecuteStrategy (); } if (marketSignal) {    ExecuteMarketOrder (); } // Strategy active cTrader Automate Build, backtest and optimise automated strategies using C#. API Trading Connect automated trading systems and custom-built applications. Algorithmic Trading Access automated trading solutions across global markets. Today Markets cTrader Automate Do you have a trading strategy you […] - [Contact us](https://todaymarkets.com/contact-us/): TODAY MARKETS Let’s Talk. We’re Here to Help. Whether you have a question about our trading platform, markets, services or partnership opportunities, our team is ready to help. TM GLOBAL MARKETS 24/7 ACCESS GLOBAL SUPPORT Reach out to our support team for help. Whether you have a question, need technical assistance, or just want some guidance, our support team is here to help. We’re available around the clock to provide quick and friendly support. Our Address Stone House, Youghal, Cork, Ireland Churchill Towers, B Bay, Dubai, UAE Email Us info@todaymarkets.com Call Us +971 (55) 6129251 Full name Your number Your email […] - [Trading Tools](https://todaymarkets.com/trading-tools/): TRADING TECHNOLOGY Trading tools. Built for better decisions. Enjoy exclusive trading technology with advanced charts, market intelligence, performance analytics and professional tools designed to elevate your preparation for the global markets. Open an Account Practice Account MARKET INTELLIGENCE Everything you need to understand the markets. Keep your finger on the pulse of the global marketplace with market news, professional analysis, economic events and real-time information available through the Today Markets trading environment. ↗ MARKET INTELLIGENCE Market 360 Have a favourite market? Access everything you need in one place, including charts, news, margin information, trading hours and detailed market information. Explore Market […] ## Optional - [Agent (MCP protocol)](websites-agents.hostinger.com/todaymarkets.com/mcp) [comment]: # (Generated by Hostinger Tools Plugin)