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Soybean Futures Climb to 2-Month High
Soybean futures surged nearly 3% on Wednesday, reaching $10.95 per bushel, marking their highest level in two months. This rally followed statements by US President Donald Trump indicating that China...
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Oil Steadies on Wednesday
West Texas Intermediate (WTI) crude oil futures remained stable at approximately $63.2 per barrel on Wednesday. This steadiness reflects a complex interplay between escalating geopolitical tensions in the Middle East...
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US Crude Oil Inventories Fall More than Expected: EIA
In the week ending January 30, 2026, U.S. crude oil inventories decreased by 3.455 million barrels, marking the largest decline since October, and surpassing market predictions of a 2 million-barrel...
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Heating Oil Steadies Around $2.4
US heating oil futures stabilized around $2.40 per gallon due to a milder short-term weather forecast, which tempered expectations for increased heating demand. Predictions of warmer-than-usual temperatures through mid-month hindered...
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Baltic Dry Index Falls to Over 1-Week Low
The Baltic Exchange's dry bulk freight index decreased by 3.6%, reaching a level of 1955, marking its lowest point since January 26. The capesize index, which is responsible for transporting...
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Silver Holds Above $89
Silver experienced a pullback on Wednesday, settling just above $89 per ounce. This came as the markets assessed recent US economic data and considered its potential ramifications on Federal Reserve...
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Turkish Lira Extends Controlled Weakening
In February, the Turkish lira hit an unprecedented low of 43.5 per USD, as the Central Bank of Turkey continued its controlled devaluation strategy. Markets scrutinized the currency flow projections...
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Gold Trims Gains as Markets Weigh US Data and Fed Outlook
Gold saw its initial rise taper off on Wednesday, settling just below the $5,000 threshold as investors analyzed new US economic data and its potential effects on Federal Reserve policy...
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US Services PMI Steadies: ISM
In January 2026, the ISM Services PMI for the United States held steady at 53.8, matching the revised figure for December and surpassing expectations of 53.5. This consistent reading indicates...
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TSX Recovers Further on Wednesday
On Wednesday, the S&P TSX Composite Index experienced a modest increase of approximately 0.2%, surpassing the 32,400 threshold. This uptick was primarily driven by a significant rebound in precious metals...
