UNCOVERED: 12 - Caught on Camera

Cotton Extending the Rally to Tuesday

Cotton futures are up 138 to 245 points so far on Tuesday. The outside markets are mixed, as Crude oil is up $1.87, with the US dollar index up $0.155. Monday afternoon’s Crop Progress showed 49% of the US cotton crop squared as of Sunday, 2% ahead of normal. The...

Barchart · Jul 7

Cotton Posting Early Monday Gains, as Ratings Slip

Cotton prices are rallying another 102 to 122 points so far on Tuesday morning. Futures posted 112 to 138 point gains on Monday in the front months, with deferreds up 48 to 99 points. The outside markets were quiet, as Crude oil was down 9 cents, with the US dollar...

Barchart · Jul 7

International funds outperform domestic funds with 37% one-year returns. Should investors chase rally or wait for correction?

International mutual funds have delivered strong one-year returns, significantly outperforming domestic equity categories. This outperformance is largely driven by global technology stocks and currency depreciation against the US dollar. Experts advise against chasing recent gains, emphasizing long-term asset allocation for international diversification. While international funds show strong recent performance, domestic…

The Economic Times · Jul 7

Gold’s sharp correction: What lies ahead for prices?

Gold has corrected sharply from record highs as a stronger US dollar, elevated bond yields and expectations of prolonged higher interest rates weighed on prices. Experts view the decline as a technical correction, recommending staggered buying and long-term holding amid supportive structural demand.

The Economic Times · Jul 4

Thai exports on course for double-digit growth

Exports are projected to ‌rise by 8-10% this year, says the Thai National Shippers' Council (TNSC), adding that a favourable exchange rate of 34 baht per US dollar could help drive export growth firmly into double digits.

Bangkok Post · Jul 3

ICICI Bank mulls first benchmark dollar bond sale since 2017

ICICI Bank is planning its first benchmark US dollar bond sale since 2017, aiming to raise at least $500 million through offshore bonds. The proposed issuance comes after the RBI introduced a concessional foreign exchange swap facility, encouraging Indian lenders to tap overseas markets for funding.

The Economic Times · Jul 3

Hindustan Zinc shares jump 3%. Here are 3 reasons behind today's shine

Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. This rally was fueled by a weaker US dollar, soaring silver prices, and a positive Q1 business update. The company reported its highest-ever first-quarter mined metal production, despite a slight dip in silver…

The Economic Times · Jul 3

Cotton See Pressure into the Long Weekend

Cotton futures closed with contracts 20 to 72 points higher on Thursday, as December was up 74 points this week. The US dollar index is down $0.506 at $100.650. The market will observe the July 4th Independence Day Holiday on Friday, for a 3-day weekend. Sunday night will be a...

Barchart · Jul 2

Analyst predicts baht uptick in H2

The narrowing trade deficit and easing inflationary pressure should support the baht regaining strength against the US dollar late in the third quarter this year, reversing a short-term depreciation trend, says Siam Commercial Bank Financial Markets (SCB FM).

Bangkok Post · Jul 2

Cotton Falling Back into the Long Weekend

Cotton price action is down 70 to 81 points so far on Thursday Crude oil is down 40 cents/bbl to $68.18. The US dollar index is down $0.586 at $100.570. The market will observe the July 4th Independence Day Holiday on Friday, for a 3-day weekend. Sunday night will be...

Barchart · Jul 2