Wheat Futures Slide Friday as USDA Lifts Global Carryout Estimates
All three major wheat markets closed lower on Friday after the USDA raised world stock figures to 276.29 MMT, while weekly US export sales came in well below trade expectations.
Category
114 articles
All three major wheat markets closed lower on Friday after the USDA raised world stock figures to 276.29 MMT, while weekly US export sales came in well below trade expectations.
Peru's central bank kept its benchmark lending rate unchanged for a twelfth consecutive month, signaling confidence that a recent uptick in inflation is likely to fade.
Japan's corporate goods prices climbed at a steeper rate than analysts anticipated in August, lending further momentum to the Bank of Japan's campaign of tightening monetary policy to contain inflationary pressures.
The Japanese yen hit its strongest point since February as traders positioned ahead of next week's policy decision, while semiconductor shares powered broader gains across Asian equity markets.
The yen has extended its recent upward move, trading beyond the 154-per-dollar level, a development forex traders are closely monitoring for positioning and risk management.
A decisive break below the 155 yen-per-dollar threshold has activated a wave of stop-loss orders, pushing the Japanese yen toward its strongest print of 2026 and shifting trader focus to the 152 zone.
US fixed-income investors are preparing for elevated volatility at both ends of the Treasury yield curve as upcoming catalysts threaten to drive outsized moves in short- and long-dated paper — shifts that carry direct implications for currency markets.
Gold failed to regain lost ground after robust US payrolls figures and escalating conflict around the Strait of Hormuz reinforced the case for a near-term interest-rate increase.
A prominent strategist argues that while AI bears have correctly identified excess concentration and circular financing, the cash-funded nature of this buildout makes a 2000-style collapse unlikely on the current timeline — a distinction critical for positioning in both equities and currencies.
With the Federal Reserve's September 15-16 meeting approaching, the White House has launched an unusually broad public campaign against a potential rate increase, creating significant uncertainty for forex markets and USD positioning.
Hedge fund managers have shifted to their strongest bullish stance on Brent crude since May, driven by renewed US-Iran hostilities that raise the prospect of sustained supply disruptions through the Strait of Hormuz.
The two-year Treasury note yield climbed to its highest level since January 2025 Friday after August nonfarm payrolls far exceeded forecasts, pushing traders to sharply increase their bets on a Federal Reserve rate increase in September.
