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Polish Foreign Minister Sikorski: Details of the US troop deployment are still unclear.May 22 - ING analysts say the market is still looking for signs of progress on a potential US-Iran deal. Despite some optimistic signs, uncertainty remains. This is not the first time a seemingly imminent agreement has ended in a breakdown in negotiations. Therefore, a large portion of the market remains skeptical of the positive signals we are seeing. While Iran has stated that the gap between the demands of both sides has narrowed, the issues of its uranium enrichment activities and its uranium stockpile remain. The US wants to move these stocks out of Iran. Another issue is the management of the Strait of Hormuz. Iran is pushing for a formal toll system in the strait, a move that will face considerable resistance. If implemented, it would set a dangerous precedent for the free passage of ships in this crucial global chokepoint. With the weekend approaching, uncertainty surrounding a US-Iran deal remains, and any new shifts in the wind could lead to significant market price volatility.The chart shows that at 22:00 Beijing time on May 22, there will be large foreign exchange options contracts for the Euro, Canadian Dollar, and Japanese Yen expiring, including 12 contracts with strike prices exceeding 1 billion. Please manage your risks.Futures News, May 22nd: Shanghai Futures Exchange (SHFE) Energy and Chemical Warehouse Receipts and Changes: 1. Pulp futures warehouse receipts: 201,824 tons, unchanged from the previous trading day; 2. Pulp futures mill warehouse receipts: 20,000 tons, unchanged from the previous trading day; 3. Offset paper futures warehouse receipts: 957 tons, unchanged from the previous trading day; 4. Offset paper futures mill warehouse receipts: 6,560 tons, unchanged from the previous trading day; 5. Fuel oil futures warehouse receipts: 47,160 tons. 6. Petroleum asphalt futures warehouse receipts: 21,120 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 31,220 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 3,511,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 0 tons, unchanged from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.The National Highway Traffic Safety Administration (NHTSA) has recalled 14,575 Tesla vehicles in the United States.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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