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Markets
Tesla Earnings preview
Tesla Earnings preview: Can Elon persuade the market? Tesla will report Q1 results this Wednesday after the market closes. Revenues…
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Forex
EUR/GBP remains depressed below 0.8700 after hot UK CPI figures
EUR/GBP extends losses for the second consecutive day and trades below 0.8700. UK consumer price figures confirm the inflationary impact…
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Forex
USD/JPY Price Flirts with 100-hour EMA support, above 159.00 amid softer USD
USD/JPY attracts some sellers and erodes a part of Tuesday’s gains to over a one-week top. The US-Iran ceasefire extension…
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Banks
EUR/USD: Downside bias within defined range – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD slipped to 1.1742 as the Dollar firmed on…
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Banks
Oil: Geopolitical choke points reshape risk – Rabobank
Rabobank’s Global Strategist Michael Every shifts its Iran conflict base case to a longer closure of Hormuz, warning of sustained…
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Metals
Iron Ore Hits 2-Week High
Iron ore futures climbed toward CNY 790 per ton, reaching a two-week high as sentiment improved on restocking activity in…
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Metals
Aluminum Prices Move Back Near 4-Year Highs
Aluminum futures in the UK rose above $3,570 per tonne, moving back near a more than four-year high as the…
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Soft Commodities
NY Sugar Prices Consolidate Above a 5.5-Year Low
May NY world sugar #11 (SBK26) on Tuesday closed down -0.04 (-0.30%), and Aug London ICE white sugar #5 (SWQ26)…
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Soft Commodities
Easing Supply Risks Undercut Coffee Prices
May arabica coffee (KCK26) on Tuesday closed down -3.20 (-1.10%), and May ICE robusta coffee (RMK26) closed down -25 (-0.72%).…
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Soft Commodities
Dollar Strength and Abundant Supplies Knock Cocoa Prices Lower
May ICE NY cocoa (CCK26) on Tuesday closed down -78 (-2.37%), and May ICE London cocoa #7 (CAK26) closed down…
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