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Shares of ASIA Now Oversold

2 days 9 hours ago
In trading on Thursday, shares of the Matthews Pacific Tiger Active ETF (Symbol: ASIA) entered into oversold territory, changing hands as low as $37.76 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator use
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Smaller-Than-Expected Weekly Storage Build Lifts Nat-Gas Prices

2 days 10 hours ago
November Nymex natural gas (NGX26 ) on Thursday closed up +0.038 (+1.19%). Nat-gas prices settled higher on Thursday after weekly US nat-gas storage levels rose less than expected. The EIA reported Thursday that nat-gas inventories rose by +67 bcf the week ended October 9, below expectations of +74 bcf and...
Barchart

Stocks Pressured as Chipmaker Selloff Deepens

2 days 10 hours ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.57% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.71%. December E-mini S&P futures (ESZ26 ) are down -0.58%, and December E-mini...
Barchart

Coffee Prices Slide on Optimism Over Global Coffee Crops

2 days 10 hours ago
December arabica coffee (KCZ26 ) closed down -3.25 (-1.09%) on Thursday, and November ICE robusta coffee (RMX26 ) closed down -108 (-3.10%). Coffee prices fell sharply on Thursday, with robusta posting a 2-week low. Beneficial growing conditions in Brazil and Vietnam are negative for coffee prices. Above-normal rainfall in Brazil...
Barchart

Sugar Prices Climb on Weather Threats to Global Output

2 days 10 hours ago
March NY world sugar #11 (SBH27 ) closed up +0.29 (+1.39%) on Thursday, and December London ICE white sugar #5 (SWZ26 ) closed up +6.20 (+1.12%). Sugar prices moved higher on Thursday and are just below recent significant highs. Sugar prices have rallied sharply over the past three weeks, with...
Barchart

Wheat Fading Early Gains for Midday Weakness

2 days 10 hours ago
The wheat complex is fading off the early morning gains on Thursday. Chicago SRW contracts are steady to a penny higher so far. KC HRW futures are fractionally in the red at midday. MPLS spring wheat is showing fractional losses on the session. USDA’s Export Sales report will be released...
Barchart

Crude Prices Jump as Middle East Hostilities Disrupt Global Supplies

2 days 10 hours ago
November WTI crude oil (CLX26 ) closed up +2.88 (+3.03%) on Thursday, and November RBOB gasoline (RBX26 ) closed down -0.793 (-2.43%). Crude oil and gasoline prices settled mixed on Thursday, with crude up sharply at a 3-week high and gasoline falling to a 2-week low. Escalating hostilities in the...
Barchart

Dollar Retreats with Bond Yields

2 days 10 hours ago
The dollar index (DXY00 ) fell to a 1-week low today and is down by -0.48%. The dollar is sliding today on weakness in T-note yields after the 10-year T-note yield dropped to a 3-week low of 5.046%, weakening the dollar’s interest rate differentials. Also, dovish comments from San Francisco...
Barchart

Stock Indexes Rebound as Investors Rotate Out of Chip Stocks

2 days 10 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up by +0.13% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +1.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.57%. December E-mini S&P futures (ESZ26 ) are up +0158%, and December E-mini...
Barchart

Weather Risks Underpin Sugar Prices

2 days 10 hours ago
March NY world sugar #11 (SBH27 ) is up +0.23 (+1.10%) today, and December London ICE white sugar #5 (SWZ26 ) is up +4.40 (+0.79%). Sugar prices are climbing today and remain just below recent significant highs. Sugar prices have rallied sharply over the past three weeks, with NY sugar...
Barchart

Sugar Prices Climb on Weather Threats to Global Output

2 days 10 hours ago
March NY world sugar #11 (SBH27 ) closed up +0.29 (+1.39%) on Thursday, and December London ICE white sugar #5 (SWZ26 ) closed up +6.20 (+1.12%). Sugar prices moved higher on Thursday and are just below recent significant highs. Sugar prices have rallied sharply over the past three weeks, with...
Barchart

Dollar Retreats with Bond Yields

2 days 10 hours ago
The dollar index (DXY00 ) fell to a 1-week low today and is down by -0.48%. The dollar is sliding today on weakness in T-note yields after the 10-year T-note yield dropped to a 3-week low of 5.046%, weakening the dollar’s interest rate differentials. Also, dovish comments from San Francisco...
Barchart

Improving Global Cocoa Demand Boosts Prices

2 days 10 hours ago
December ICE NY cocoa (CCZ26 ) is up +73 (+1.27%) today, and December ICE London cocoa #7 (CAZ26 ) is up +21 (+0.49%). Cocoa prices are moving higher today on signs of stronger global demand. The Cocoa Association of Asia reported today that Q3 Asian cocoa grindings rose by a...
Barchart
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