Category: Business

Chicago soybean futures remained close to $11.90 per bushel after favorable rain forecasts encouraged traders to reduce weather-risk positions. The most-active contract recently settled at $11.92¾, down more than 27 cents as timely moisture reached the US Midwest during an important stage of crop development. In this article, experts at Sylverix examine whether soybeans can...

EUR/USD remained close to 1.15 after eurozone inflation increased in July, reinforcing expectations that the European Central Bank may raise interest rates again. The euro’s latest reference rate stood near $1.1476, while traders balanced tighter European policy expectations against a firm US dollar and elevated Treasury yields. In this article, experts at Sylverix examine whether...

Palladium traded near $1,260 per ounce on Friday after falling around 3.4% during the session. Despite the pullback, the metal remained on course for a monthly gain as investors balanced tight supply against uncertainty surrounding automotive demand and US interest rates. In this article, experts at Sylverix examine whether palladium can recover toward $1,320 or...

Chicago wheat futures remained near $6.60 per bushel as traders balanced renewed disruption to Black Sea exports against comfortable global grain supplies. Recent attacks on vessels and port infrastructure have raised concern about shipments from Russia and Ukraine. In this article, experts at Sylverix.com examine whether wheat can break above $6.80 or whether harvest pressure...

US natural gas futures traded near $2.75 per million British thermal units after a smaller-than-expected storage build offered support. September futures recently settled around $2.758, while strong production and inventories above the five-year average continued to limit gains. In this article, experts at Sylverix examine whether hotter weather and stronger LNG demand can lift natural...

European stocks climbed to a fresh record on Friday, with the STOXX 600 rising around 0.9% to 655.45 points. Technology shares led the move, while several strong earnings reports helped the index extend its monthly advance. In this article, experts at Sylverix examine whether the STOXX 600 can continue toward 665 or whether higher eurozone...

West Texas Intermediate crude climbed above $84.70 per barrel on Friday as traders monitored tanker traffic through the Strait of Hormuz. The market was also heading for a monthly gain of roughly 22% after conflict-related disruptions tightened regional supply. In this article, experts at Sylverix examine whether WTI can extend its recovery toward $88 or...

Copper remained near $13,650 per metric ton as traders weighed strong Chinese import demand against growing distortions in global inventories. Large volumes of refined metal have continued moving toward the United States, where tariff uncertainty has encouraged stockpiling. In this article, experts at Sylverix examine whether tightening supplies outside the United States can lift copper...

Gold moved lower on Friday as the US dollar recovered from its previous decline. Spot prices fell by more than 1% to around $4,055 per ounce, although the metal remained on course for its first monthly gain since February. In this article, experts at Sylverix examine whether gold can regain $4,100 or whether dollar strength...

USD/JPY moved back above 160.50 on Friday after the Bank of Japan left its policy rate unchanged at 1%. The yen had strengthened sharply a day earlier, briefly reaching about 157.80 per dollar, as traders reacted to signs of official currency intervention. Much of that advance faded once the central bank avoided another immediate increase....