Commodities

11 September 2024
Chicago wheat steady as Black Sea supplies pressure prices; soybeans up on stable crop ratings

Chicago wheat prices remained largely unchanged on Wednesday, hovering around $5.74-1/4 per bushel, as ample supplies from the Black Sea region continued to weigh on the market. -vtmarkets.com

10 September 2024
Gold prices stable as investors prepare for US inflation report

Key points: Spot gold remains flat at $2,504.98 per ounce as of 0027 GMT. Fed funds futures price in a 70% chance of a 25-basis-point interest rate cut in September. Gold prices remained stable on Tuesday as investors awaited critical …

9 September 2024
Oil prices rebound as U.S. Gulf coast braces for hurricane

Key Points: Oil prices jumped in the Asian session following the steep selloff.. Weather concerns, including a potential hurricane approaching the U.S. Gulf Coast contributed to the rebound. Oil prices made a sharp recovery as the threat of a hurricane …

6 September 2024
Wheat and soybean retreat as supply issues loom

Key Points: Wheat and soybean pull back after a short-covering rally, remaining near multi-week highs. Global supply concerns persist due to poor European production and U.S. Midwest weather stress. Traders brace for further price action amid strong speculative activity. This …

3 September 2024
Wheat rises for the fifth consecutive day due to European production issues

Chicago wheat futures edged higher on Tuesday, marking the fifth consecutive day of gains. The driving force behind this rally is the poor production outlook in Europe, which has helped lift wheat prices from nearly four-year lows. -vtmarkets.com

30 August 2024
Gold poised for monthly gain as market focuses on U.S. data

Gold prices (Symbol: XAUUSD) are showing resilience, poised to log their second consecutive monthly gain as market sentiment remains buoyant on the back of potential U.S. interest rate cuts. Spot gold was trading slightly lower at $2,517.91 per ounce, but …

30 August 2024
Copper prices edge higher on Fed rate cut hopes

Copper prices (Symbol: Copper-C) climbed to $4.21 per pound, marking a crucial recovery and positioning the orange metal for its first monthly gain since May 2024, with a modest 0.5% increase so far in August 2024. -vtmarkets.com

28 August 2024
Oil prices recover as Libya supply issues and demand concerns impact markets

Market participants, and the price action for crude oil, are caught between potential supply disruptions from geopolitical tensions in Libya and the Middle East and concerns over weakening global fuel demand. -vtmarkets.com

28 August 2024
Soybean, corn and wheat prices under pressure from supply increase

Soybean prices dipped after reaching a two-week high, while corn and wheat also declined amid ample global supplies and changing weather conditions. Explore what this means for short-term traders. -vtmarkets.com

26 August 2024
Soybeans and corn hit lows with bumper in U.S harvests

Soybeans and corn prices dropped on Monday following forecasts of bumper U.S. harvests. Explore the implications for the agricultural market and short-term trader strategies -vt

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