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    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    12 June 2024
    Wheat rises on Russian weather concerns; Corn declines

    Key points: Wheat futures rise 0.1% to $6.27 a bushel. Soybeans flat at $11.78 a bushel; corn dips 0.1% to $4.49-1/4 a bushel. Chicago wheat futures extended their climb on Wednesday, adding to the previous session’s strong gains. The market …

    11 June 2024
    Weaker Chinese yuan (CNY) pressures base metals as high inventories weigh on copper 

    Key points:  Most base metals fell on Tuesday due to a weaker Chinese yuan (CNY) and high physical inventories.  Copper fell 0.5% to $4.47 per pound.  High inventories and weak demand continued to pressure base metal prices.  Base metals experienced …

    11 June 2024
    Gold prices tumble against strong US jobs data and rate cut uncertainty 

    Key points:  Gold prices fell 4.5%, dropping below $2,300 per ounce after strong US jobs data.  Non-farm payrolls surged to 272,000 in May, far exceeding expectations.  Upcoming US inflation data and Fed interest rate decision will determine market sentiment.  Gold …

    11 June 2024
    Asian assets cautious ahead of US CPI data and Fed meeting

    Key points: Indonesian rupiah at lowest level in 4 years Taiwan stocks jump to a record high US CPI data and Fed policy meeting due on Wednesday Emerging Asian markets were finely balanced on Tuesday as traders awaited the release …

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