China Commodity Futures Open Mixed as Energy Prices Surge
China's commodity futures night session opened mixed, but energy markets led the gains.
Top Movers
Crude Oil: +4.69%
Fuel Oil: +3.28%
Ethylene Glycol: +2.50%
Styrene: +2.09%
Methanol: +1.86%
Weak Performers
Rapeseed Meal: -0.68%
🫘 No. 2 Soybeans: -0.58%
Soybean Meal: -0.45%
The sharp rise in crude oil could influence inflation expectations and add volatility across global markets, including cryptocurrencies. Traders should keep a close eye on energy prices as they can impact overall market sentiment.
#CrudeOil #Commodities #chana #Bitcoin #Crypto #MarketNews #BinanceSquare #Trading #BTC
China's commodity futures night session opened mixed, but energy markets led the gains.
Top Movers
Crude Oil: +4.69%
Fuel Oil: +3.28%
Ethylene Glycol: +2.50%
Styrene: +2.09%
Methanol: +1.86%
Weak Performers
Rapeseed Meal: -0.68%
🫘 No. 2 Soybeans: -0.58%
Soybean Meal: -0.45%
The sharp rise in crude oil could influence inflation expectations and add volatility across global markets, including cryptocurrencies. Traders should keep a close eye on energy prices as they can impact overall market sentiment.
#CrudeOil #Commodities #chana #Bitcoin #Crypto #MarketNews #BinanceSquare #Trading #BTC