The stalled US-Iran negotiations have shifted global “Fear Trade” focus toward the Strait of Hormuz’s role as a critical fertilizer bottleneck. With 35% of global Urea exports at risk, benchmark prices have surged, creating a “pincer effect” for the Australian Dollar. Despite high commodity prices, rising input costs for the 2026 winter crop are neutralizing […]
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Eurozone Manufacturing PMI was finalized at 52.2 in April, rising from March’s 51.6 and marking a 47-month high, signaling a broad-based expansion across the bloc. Notably, all eight countries covered in the survey registered readings Read more…
Gold price is consolidating above the $2,565 support zone. Crude oil is showing bearish signs and might decline below $96.50. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold price started a Read more…
Markets Focus went to the US last Friday with several European markets closed for May Day holiday. The US manufacturing ISM for the month of April was the defining intraday moment. While the headline ISM Read more…