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Dollar Rallies and Gold Slumps on the Prospects of Tighter Fed Policy

2 hours 45 minutes ago
The dollar index (DXY00 ) climbed to a fresh 1.5-year high on Thursday, finishing up +0.26%. The dollar erased overnight losses and turned higher Thursday after crude oil prices and T-note yields rose on hawkish comments from President Trump, who said the US doesn’t need a deal with Iran. The...

What’s the Cost-Benefit of AI?

3 hours 8 minutes ago
Is AI worth the investment for companies? New research from the Nasdaq Economic Institute says yes, for most. AI saves workers about 3¾ hours a week, and costs use up only about a quarter of that benefit.

Sugar Prices Tumble with the Brazilian Real

3 hours 9 minutes ago
March NY world sugar #11 (SBH27 ) closed down -0.26 (-1.41%) on Thursday, and December London ICE white sugar #5 (SWZ26 ) closed down -1.70 (-0.33%). Sugar prices retreated on Thursday, with NY sugar just above Tuesday’s 6-week low. Weakness in the Brazilian real (^USDBRL ) is weighing on sugar...

Nat-Gas Prices Supported by Colder US Weather Forecasts

3 hours 9 minutes ago
December Nymex natural gas (NGZ26 ) closed up +0.125 (+3.89%) on Thursday. Dec nat-gas prices settled higher on Thursday but remained below Wednesday’s 8-month nearest-futures high. Expectations of colder US weather boosting heating demand for nat-gas underpinned prices on Thursday. The Commodity Weather Group said Thursday that the outlook is...

Crude Prices Surge on Dimming US-Iran Peace Prospects

3 hours 9 minutes ago
December WTI crude oil (CLZ26 ) closed up +2.21 (+2.55%) on Thursday, and December RBOB gasoline (RBZ26 ) closed up +0.0633 (+2.43%). Crude oil and gasoline prices erased overnight losses and moved sharply higher Thursday on comments from President Trump, who said the US doesn’t need a deal with Iran,...

Dollar Rallies and Gold Slumps on the Prospects of Tighter Fed Policy

3 hours 9 minutes ago
The dollar index (DXY00 ) climbed to a fresh 1.5-year high on Thursday, finishing up +0.26%. The dollar erased overnight losses and turned higher Thursday after crude oil prices and T-note yields rose on hawkish comments from President Trump, who said the US doesn’t need a deal with Iran. The...

Tightness in ICE Inventories Lifts Arabica Coffee Prices

3 hours 9 minutes ago
December arabica coffee (KCZ26 ) closed up +11.20 (+4.16%) on Thursday, and January ICE robusta coffee (RMF27 ) closed down -38 (-1.17%). Coffee prices settled mixed on Thursday, with arabica rebounding from a 4.75-month low and robusta falling to a 1.5-week low. Coffee prices diverged on Thursday, with short covering...

Dollar Rallies and Gold Slumps on the Prospects of Tighter Fed Policy

3 hours 33 minutes ago
The dollar index (DXY00 ) climbed to a fresh 1.5-year high on Thursday, finishing up +0.26%. The dollar erased overnight losses and turned higher Thursday after crude oil prices and T-note yields rose on hawkish comments from President Trump, who said the US doesn’t need a deal with Iran. The...
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