Wednesday

02-04-2025 Vol 19

Asian Stocks and Currencies Decline Amid Global Trade Uncertainties

On Wednesday, most Asian stocks and currencies experienced declines, as investors voiced concerns over uncertainties in global trade and fluctuating…

API Reports Increase in U.S. Crude Oil Inventories Last Week

The American Petroleum Institute (API) announced on Tuesday that U.S. crude oil inventories saw an increase of 4.247 million barrels…

The Commodities Update: US Dollar Weakness Offers Support for Market Dynamics

The Commodities Feed: US Dollar Weakness Provides Some Support Energy markets experienced a slight uptick in oil prices, largely bolstered…

Copper Prices Rise as Indicators Show Strengthening Demand in China

Shanghai copper prices showed notable strength on Wednesday, driven by signals of improving demand in China, a key consumer of…

Nigerian Bidder Offers Higher Prices for April Contracts

Traders reported that some Nigerian crude grades saw increased offers for April loading on Tuesday, while the Angolan market remained…

Traders Predict Swift Rate Cuts from Fed Amid Potential Economic Downturn

The Federal Reserve is not expected to reduce interest rates at its upcoming policy meeting next week. However, futures markets…

Trump Tariffs Ignite Economic Concerns, Placing Pressure on the Dollar’s Stability

The dollar faced challenges on Wednesday, struggling to recover from a five-month low against major currencies. This instability stemmed from…

Gunvor CEO Indicates Global Oil Supply Growth Surpassing Demand Levels

The CEO of Gunvor, one of the largest oil trading companies globally, has indicated that the growth in oil supply…

Oil Prices Rise with Weak Dollar, but Tariff Worries Limit Increases

Oil prices experienced a slight increase on Wednesday, supported by a weaker dollar, although concerns about a potential U.S. economic…

Soybean Market Encounters Challenges Amidst Abundant Brazilian Supply, Wheat Prices Experience Increase

Soybean prices are facing challenges from the considerable supply coming from Brazil as Chicago futures remained steady on Wednesday, hovering…