Rich Asplund

Chicago

Analyst at Wealth Creation Investing

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Articles

Cameron Grain Corporation -

8 hours ago | camerongrain.com | Rich Asplund

July NY world sugar #11 (SBN25) Friday closed up +0.16 (+1.02%), and August London ICE white sugar #5 (SWQ25) closed up +6.80 (+1.42%). Sugar prices moved sharply higher Friday as short-covering emerged after JPMorgan Chase revised its Brazil sugar outlook for 2025/26 to a deficit of -900,000 MT from a previous projection of a +200,000 MT surplus, citing disappointing yields and a low sucrose content in Brazil's sugar harvest.
Dollar Moves Higher On US Trade Tensions With Canada

8 hours ago | barchart.com | Rich Asplund

The dollar index (DXY00) Friday rose by +0.22%. Positive trade news is bullish for the dollar as the US moves closer to trade deals with China and other trading partners. The dollar also found support after the US May core PCE price index, the Fed's preferred gauge of underlying inflation, rose more than expected, a hawkish factor for Fed policy. In addition, an upward revision to the University of Michigan's US June consumer sentiment index is supportive of the dollar.
Nat-Gas Prices Surge In Anticipation Of Hot US Weather

9 hours ago | barchart.com | Rich Asplund

Barchart - 2 minutes ago Columnist All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here Contributor Content This article could contain syndicated content. We have not reviewed, approved, or endorsed the content and may receive compensation for placement of the content on this site.
Cocoa Prices Slip as Dollar Strength Sparks Long Liquidation

10 hours ago | nasdaq.com | Rich Asplund

September ICE NY cocoa (CCU25) today is down -44 (-0.49%), and July ICE London cocoa #7 (CAN25) is down -45 (-0.72%). Cocoa prices fell from 1-1/2 week highs today and turned lower as a rebound in the dollar sparked long liquidation in cocoa futures. Cocoa prices initially rallied to 1-1/2 week highs today on the outlook for smaller cocoa supplies from Ghana, the world's second-largest cocoa producer.
Crude Oil Prices Climb on Positive Trade News

10 hours ago | nasdaq.com | Rich Asplund

August WTI crude oil (CLQ25) today is up +0.73 (+1.12%), and August RBOB gasoline (RBQ25) is down -0.94 (-0.35%). Crude oil and gasoline prices today are mixed. Crude is climbing today on signs of easing trade tensions as the US moves closer to trade deals with China and other trading partners. Also, uncertainty over Iran gave crude prices a boost after US Energy Secretary Wright said that sanctions against Iran will remain in place for now.
The Outlook for Abundant Coffee Supplies Undercuts Prices

10 hours ago | nasdaq.com | Rich Asplund

September arabica coffee (KCU25) today is down -6.10 (-1.96%), and September ICE robusta coffee (RMU25) is down -45 (-1.23%). Coffee prices are sharply lower today, with arabica coffee slumping to a 6-3/4 month low. The outlook for abundant coffee supplies is undercutting prices.
Stocks Rally on Hopes of Trade Deals

11 hours ago | nasdaq.com | Rich Asplund

The S&P 500 Index ($SPX) (SPY) today is up +0.58%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.89%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.52%. September E-mini S&P futures (ESU25) are up +0.53%, and September E-mini Nasdaq futures (NQU25) are up +0.50%. Stock indexes today are extending this week's rally, with the S&P 500 and Nasdaq 100 posting new all-time highs, and the Dow Jones Industrials posting a 3-3/4 month high.
Sugar Prices Rise As JPMorgan Projects Smaller Supplies

11 hours ago | barchart.com | Rich Asplund

July NY world sugar #11 (SBN25) today is up +0.17 (+1.09%), and August London ICE white sugar #5 (SWQ25) is up +6.90 (+1.44%). Sugar prices are moving higher today as short-covering emerged after JPMorgan Chase revised its Brazil sugar outlook for 2025/26 to a deficit of -900,000 MT from a previous projection of a +200,000 MT surplus, citing disappointing yields and a low sucrose content in Brazil's sugar harvest.
Dollar Supported and Gold Prices Sink on Trade Deal Optimism

12 hours ago | nasdaq.com | Rich Asplund

The dollar index (DXY00) today is up slightly by +0.07%. Positive trade news is bullish for the dollar as the US moves closer to trade deals with China and other trading partners. The dollar also found support after the US May core PCE price index, the Fed's preferred gauge of underlying inflation, rose more than expected, a hawkish factor for Fed policy. In addition, an upward revision to the University of Michigan's US June consumer sentiment index is supportive of the dollar.
S&P 500 and Nasdaq 100 Post Record Highs on Hopes of Trade Deals

12 hours ago | nasdaq.com | Rich Asplund

The S&P 500 Index ($SPX) (SPY) today is up +0.33%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.54%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.33%. September E-mini S&P futures (ESU25) are up +0.27%, and September E-mini Nasdaq futures (NQU25) are up +0.32%. Stock indexes today are extending this week's rally, with the S&P 500 and Nasdaq 100 posting new all-time highs, and the Dow Jones Industrials posting a 3-3/4 month high.