Nasdaq Commodities

FXEmpire.com -

Traffic restrictions on the river Seine during next summer's Olympics in Paris, including a week-long closure before the opening ceremony, could upend grain transport in the midst of the harvest in the EU's top exporter, an industry group warned.

Wall Street's main indexes gained on Friday after a key inflation reading came in softer than expected, boosting recent investor optimism that the Federal Reserve could lower borrowing costs next year.

Wall Street's main indexes gained on Friday after a key inflation reading came in softer than expected, boosting recent investor optimism that the Federal Reserve could lower borrowing costs next year.

Chicago Board of Trade soybean and grain futures were mixed on Friday, as traders adjusted their positions before the year-end holidays and reacted to a flurry of economic data showing that underlying inflation pressures are continuing to ease. [MKTS/GLOB]

Aluminium prices in London hit their highest in almost three months on Friday due to supply concerns after a fuel depot blast in major raw material producer Guinea, a weaker dollar and technical buying.

A decision to boost the blend of biodiesel into diesel from March 2024 will create additional internal demand for an estimated 5 million metric tons of soybeans and potentially cut Brazilian soybean and soyoil exports, according to analysts.

U.S. President Joe Biden on Friday reduced the prison terms of 11 people serving decades-long sentences for non-violent drug charges and pardoned a broader group of people with federal marijuana possession offenses.

Testing of the mysterious respiratory illness affecting dogs across the United States has not yet revealed any new pathogens or any common cause for the wave of infections that have alarmed pet owners, the agriculture department said.

Peru's central bank on Friday cut its economic forecast for this year, predicting a contraction of 0.5% compared to a prior expectation of 0.9% growth.

Torrential rain is expected to cut wheat planting in France, Germany and Britain in an early setback for next year's European harvest, though conditions are more promising in other countries.

Wall Street's main indexes gained on Friday after a key inflation reading came in softer than expected, boosting recent investor optimism that the Federal Reserve could lower borrowing costs next year.

Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services' Energy Team.

Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.

The S&P 500 and the Nasdaq were poised to edge higher at open on Friday after a key inflation reading came in softer than expected, boosting recent investor optimism that the Federal Reserve could lower borrowing costs next year.

Robusta coffee futures on ICE slid on Friday after rallying to fresh 15-year-peaks in the prior session as farmers in top producer Vietnam refrained from selling on hopes prices would rise even further.

Further months of talks will be required to secure European Union approval of German carrier Lufthansa buying a minority stake in Italian state-owned ITA Airways, Rome's economy minister said on Friday.

Air Lease said on Friday it had received about $64.9 million in cash as part of an insurance claim settlement for four Airbus jets it had leased to a Russian carrier, which were blocked from leaving the country after Moscow's invasion of Ukraine.

Malaysian palm oil futures fell for a fifth consecutive week as demand dropped ahead of a long holiday season, but higher crude oil prices limited losses.

Nike sank 12% premarket on Friday and dragged shares of other sportswear companies after weak consumer spending forced the Air Jordan 1 shoe maker to cut its annual revenue forecast and signal a profit-over-sales strategy shift.