Chicago wheat futures price is down $12.6 per bushel on mid-Friday trades. Wheat prices soar this week to a high of $12.6 per bushel on a combination of drought, war and an export ban in India. India, which has experienced a heatwave that has damaged crops, on Friday announced...
EUR/USD is trading down 0.02% at 1.0579 The euro surged against the dollar Thursday as the release of the account of the European Central Bank’s April meeting showed concern over inflation had tipped dovish members of the central bank into supporting a quarter percentage point rate hike as soon...
The price of COMEX Copper futures is up 1.04% at $4.2220 per pound on mid-Thursday trades. Copper prices last week fell to an eight-month low as mixed concerns over global economic growth joins China’s downbeat data and fears over COVID headlines. Price sentiments, however, have improved this week as...
Chicago WTI crude oil futures price is down 0.05% at $112.34 per barrel on mid-Wednesday trades. Crude oil opened the week on a heavy bullish pressure, gaining around 3.00% on Monday. However, oil reverses its Monday gains by losing approximately 1.5% on Tuesday. Oil prices edged higher on Wednesday...
DOLLAR INDEX is trading up 0.34% at 103.525 The U.S. dollar edged higher on Wednesday, a day after posting its biggest single-day drop in more than two months after U.S. Federal Reserve chief Jerome Powell struck a more hawkish tone as the central bank battles to rein in surging...
The price of Bitcoin is up 2.40% at $30,555.20 on mid-Tuesday trades. Bitcoin was down 4.63% at $29,055, on Monday, closing below the significant $30,000 – level ending a 3-day winning streak and reversing Sunday’s gain of 4.15%. Bitcoin’s “Fear and Greed Index” falls to a 2022 low at...
S&P 500 is trading down 0.39% at 4008.02 Global shares recovered on Tuesday on optimism about an easing of China’s crackdowns on tech and COVID-19, but concerns about rising prices and slowing growth worldwide set a nervy tone elsewhere in markets. European shares followed up a positive start in...
AUD/USD is trading down 0.06% at 0.6932 The Australian dollar and the Chinese yuan came under pressure from weak Chinese economic data on Monday, while the U.S. dollar consolidated gains near a 20-year peak. Comments by ECB policymaker Francois Villeroy de Galhau that the euro’s weakness could threaten the...
Gold futures at COMEX is down at 0.48% at $ 1815.7 on mid-Monday trades. Gold opened this week on a bearish note after witnessing a plunge of nearly 4%. The price is currently trading below the $1800 – level and is nearing this year’s low of $1780 attained at...
Chicago wheat futures price is down 0.55% at $11.6 per bushel on mid-Friday trades. Wheat prices rose this week on supply constraint, a view bolstered by a US report. According to a report released by the US Department of Agriculture, production in Ukraine, one of the biggest growers, will...