Nasdaq Commodities

FXEmpire.com -

FXEmpire.com -

Wall Street rose on Thursday after producer prices data provided further evidence of inflation cooling in the world's largest economy, and stoked hopes that the Federal Reserve will soon end its monetary policy tightening.

A federal appeals court on Thursday refused to block U.S. Sugar's $315 million purchase of Imperial Sugar, rejecting the U.S. Department of Justice's request for an injunction on the grounds the merger broke antitrust law.

Italian luxury group Brunello Cucinelli on Thursday raised its 2023 sales guidance for the second time this year after posting a 27.5% jump in revenues in the second quarter, boosted by strong growth in Asia and the Americas.

Cocoa futures on the ICE exchange slid on Thursday as data showed a surprisingly sharp fall in demand for the chocolate ingredient in top consuming region Europe.

Italian luxury group Brunello Cucinelli raised its 2023 sales guidance for the second time this year on Thursday after posting a 27.5% jump in revenues in the second quarter, boosted by a strong growth in the Americas.

U.S. online sales during Amazon.com's Prime Day shopping event rose 6.1% to $12.7 billion from last year, as inflation-hit Americans hunted for discounts on the e-commerce platform, Adobe Analytics data on Thursday showed.

The European Commission is helping the United Nations and Turkey try to extend a deal allowing the Black Sea export of Ukraine grain - that could expire on Monday - and is open to "explore all solutions," a European Union spokesperson said on Thursday.

Wall Street rose on Thursday after producer prices data provided further evidence of inflation cooling in the world's largest economy, and stoked hopes that the Federal Reserve will soon end its monetary policy tightening.

U.S. online sales during Amazon.com's Prime Day shopping event rose 6.1% to $12.7 billion from last year, as inflation-hit Americans hunted for more bargains and discounts on the e-commerce platform, Adobe Analytics data on Thursday showed.

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

Russian fertiliser maker Acron said on Thursday that it will challenge Poland's decision to take control of its shares in Polish chemicals firm Grupa Azoty.

Wall Street was set to open higher on Thursday after producer prices data provided further evidence of inflation cooling in the world's largest economy, and stoked hopes that the Federal Reserve will soon end its monetary policy tightening.

Cocoa futures on the ICE exchange slid on Thursday as data showed a surprisingly sharp fall in demand for the chocolate ingredient in top consuming region Europe.

Brazilian farmers will reap an estimated 317.5 million metric tons of grains this season, as massive soybean and corn outputs bolster one of the world's biggest suppliers of agricultural commodities.

Chicago corn edged higher on Thursday after hitting a 2-1/2 year low while soybeans rebounded as a slide triggered by larger than expected U.S. government supply forecasts abated.

Brazilian farmers will reap an estimated 317.5 million metric tons of grains this season, as massive soybean and corn outputs bolster one of the world's biggest suppliers of agricultural commodities.

Israel Finance Minister Bezalel Smotrich said on Thursday he was cancelling the 40% customs duty on imported milk for three months to combat a shortage across supermarket chains.

Conagra Brands Inc on Thursday forecast annual sales and profit below Wall Street estimates, in a sign that higher prices were starting to eat into demand for the Slim Jim beef jerky maker's frozen foods and other packaged meals.