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Sugar Slumps to 12-Year Low on Global Supply Glut

Sugar futures are losing their sweetness as the latest data suggest that the market is drowning in sugar inventories. As several major producers are expected …

Copper Retreats From Two-Week High As Investors Doubtful Over Chinese Demand

Copper futures are hitting the pause button after reaching their best levels in two weeks. Despite Chinese economic figures coming …

Bitcoin Prices Drop Below $10,000 Before Bouncing Back Above $11,000

Bitcoin is known for its price volatility, but even by its own standards, it has seen some major price action over the past …

Soybean Plunges 1% As Heat Wave Could Impact Pollination

Soybean futures are sliding as much as 1% to start the trading week as the US endures a heat wave that has expanded into the Plains and Midwest. It …

Symmetrical Triangle on Daily Chart of Gold as of 2019-07-14

A symmetrical triangle pattern has formed on the daily chart of gold. Being a continuation pattern, it suggests that after a period of consolidation prices will go …

Commodities Technical Analysis, July 15th — July 19th

The technical analysis, that includes the indicator data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continuous charts as of July 14th, …

Crude Oil Gets Support from Falling Oil Rigs Count, Gulf of Mexico Production

Futures for West Texas Intermediate crude oil were almost flat while Brent crude ended Friday with gains.

The major positive factor for the commodity …

Gold Posts 1% Weekly Gain on Weaker Dollar, Dovish Fed

Gold futures are trading higher to finish the trading week, bringing the yellow metal’s weekly gain to more than 1%. …

Natural Gas Gains 1% Despite Bearish Supply News, Price Forecast

Natural gas futures advanced as high as 1.5% on Thursday after the US government reported a larger-than-expected increase to domestic inventories of the energy supply. This comes …

Fundamentals Continue to Support Crude Oil

Futures for crude oil jumped 4% today as fundamental factors remained supportive of the commodity.

The Energy Information Administration reported that US inventories of crude declined …

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