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Softs Report - Friday, May 3
Article By:
Jack Scoville
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Friday, May 3, 2024 2:45 PM EDT
Cotton was lower again yesterday, and trends remain down in the market. Demand remains a problem. The export sales report showed poor sales once again, and demand is not likely to improve with the US dollar stronger.
In this article: CANE
WTI Remains Under Selling Pressure Below $81.00 Amid Unexpected Oil Stockpile Build
Article By:
Lallalit Srijandorn
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Wednesday, May 1, 2024 1:40 AM EDT
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $80.80 on Wednesday. The black gold edges lower on rising crude inventories in the United States and easing geopolitical tensions in the Middle East.
WTI Crude Oil Weekly Forecast: Slight Move Higher
Article By:
Robert Petrucci
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Sunday, April 28, 2024 5:37 AM EDT
WTI Crude Oil finished last week’s trading within the stronger part of its weekly technical chart and may remain a speculative favorite in the coming days.
WTI Back Over $83 As Crude Oil Sees Additional Volatility
Article By:
Joshua Gibson
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Tuesday, April 23, 2024 8:00 PM EDT
US Purchasing Managers Index (PMI) figures printed much softer than expected, sparking renewed hopes of a weakening US economy forcing the US Federal Reserve (Fed) to begin cutting rates sooner than previously expected.
Silver Price Forecast: XAG/USD Attracts Some Sellers Below $27.00 Amid Risk-On Mood
Article By:
Lallalit Srijandorn
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Tuesday, April 23, 2024 2:15 AM EDT
Silver price trades on a softer note for the second consecutive day around $26.95 on Tuesday during the early European session.
Gold Slides As Middle East Tensions Abate, Ahead Of US PCE Data
Article By:
Christian Borjon Valencia
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Monday, April 22, 2024 7:45 PM EDT
Gold prices plummet sharply and retrace last week's gains, down more than 2.50% as the Middle East's woes abate.
Shipping Industry Pleads With UN For "Enhanced Military Presence" As Maritime Choke-Point Chaos Spreads
Article By:
Tyler Durden
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Sunday, April 21, 2024 7:14 AM EDT
One week ago, Iranian commandos seized a container ship affiliated with Israel as it passed through the Strait of Hormuz. This action sparked new fears of another maritime chokepoint becoming disrupted as the crisis in the Middle East escalated.
Key Events In Developed Markets And EMEA For The Week Of April 22
Article By:
ING Economics
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Friday, April 19, 2024 8:27 AM EDT
US GDP for the first quarter and the Federal Reserve’s favored measure of inflation, the core PCE deflator, will be the main releases to watch next week.