Natural Gas Price Hits 2.5-Month High

Crypto

As the XNG/USD chart shows today, natural gas prices have risen above $3.600/MMBtu for the first time since mid-July. According to media reports, the rise in gas prices has been driven by:→ Weather models forecasting colder conditions, suggesting the heating season may begin earlier than expected;→ An EBW Analytics Group note highlighting short-cov

Hang Seng Index Hits 4-Year High

Crypto

As the chart shows, Hong Kong’s Hang Seng Index (Hong Kong 50 on FXOpen) climbed above the 27,300 mark today – for the first time since summer 2021. The bullish momentum has been supported in part by corporate news. According to media reports:→ Shares of Chinese EV maker NIO Inc. rose by around 5% following […]

Dollar Trades Mixed: ADP Disappoints, Shutdown Adds Risks

Crypto

The US dollar showed a mixed performance: a weak ADP employment report (-32k versus the forecast of growth) heightened doubts over the resilience of the labour market, while uncertainty surrounding a US government shutdown added further pressure on the greenback. Markets are pricing in risks of delayed publication of key economic data, including th

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