Archive for Tag: market update

Chicago Wheat futures

Wheat approaches 4-month low, providing relief to inflation

The price of Chicago Wheat futures is up 1.90% at $9.6 per bushel on mid-Friday trades. Prices of wheat has fallen to 4-month low providing some relief to galloping inflation rates. Chicago wheat futures on Friday hit their lowest in nearly four months and headed to a second consecutive...

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Chicago wheat futures

Wheat prices poised to rise for the second consecutive week

The price of Chicago wheat futures is up 1.16% at $11.0 per bushel on mid-Friday trades. CBOT wheat prices rose 2.69% on Thursday on account of the rising risk of drought in central United States. Estimates from Ukraine that about 5.9 million acres of winter corps would not be...

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Chicago wheat futures

Wheat declines amid a declining harvest further straining global supplies

The price of Chicago wheat futures is down 0.72% at $10.6 per bushel on mid-Friday trades. Chicago wheat futures price opened this week on a bullish note registering an increase of 5.10%. However, a majority of this gain was wiped out by the 1.94% decline on Tuesday. Wheat traded...

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wheat news

Wheat continues its downtrend, declining around 10% from its recent high

The price of Chicago Wheat futures is down 0.33% at $11.4 per bushel on mid-Friday trades. Wheat started the week with mild bullish pressure, gaining around 1.80% on Monday. Prices, however, fell on the two subsequent days, i.e., on Tuesday and Thursday. This decline is a resumption of the...

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market news

Australia stocks lower at close of trade; S&P/ASX 200 down 1.18%  

S&P/ASX 200 is trading down 1.18% at 7347.00 Australia stocks were lower after the close on Monday, as losses in the IT, A-REITs and Telecoms Services sectors led shares lower. The best performers of the session on the S&P/ASX 200 were Pointsbet Holdings Ltd (ASX:PBH), which rose 5.67% or...

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gold market outlook

Gold gains in an uncertain market await critical publications in the week ahead

Chicago Gold futures price is up 1.13% at $1967.5 on early Monday trades. Gold price continued its climb at the start of the week as the U.S. dollar weakened. Although it edged lower during the Asian session, it climbed in the early European session on Monday. The equity market...

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OPEC+ starts two days of talks amid oil price gyrations, Omicron fears

Brent Oil was trading 3.43% up at $73.70. OPEC and its allies begin two days of meetings on Wednesday to decide whether to release more oil into the market or restrain supply amid big gyrations in crude prices and uncertainty about the impact of the Omicron coronavirus variant on...

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TOP 5 STOCKS TO WATCHOUT & TRADE TODAY – AUGUST 25, 2021

1.MC DONALD: McDonald’s Corp is promoting its U.S. marketing chief as the burger chain seeks to push growth to younger customers through digital sales. Morgan Flatley, who helped launch McDonald’s “Famous Orders” campaign with pop stars including South Korean boy band BTS and rapper Saweetie, will become global chief...

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