EUR/USD
1.16429
0.087%
Gold
5175.88
0.690%
Oil
74.869
-0.518%
USD/JPY
156.745
-0.190%
GBP/USD
1.33779
0.046%
GBP/JPY
209.696
-0.123%
Real-time News
March 5th, Futures News – According to foreign media reports, Malaysian crude palm oil futures on the Bursa Malaysia Derivatives Exchange (BMD) are likely to open higher on Thursday morning, following gains in external markets. International crude oil futures remained firm due to tensions in the Middle East, and heating oil prices surged to new contract highs, pushing Chicago soybean oil futures to their eighth consecutive day of gains, which will also support the early performance of Malaysian crude palm oil futures. The recent widening price spread between palm oil and soybean oil may attract purchasing interest from price-sensitive buyers. Seasonal declines in palm oil production, with Malaysian palm oil stocks likely to fall to their lowest level in four months in February, also provide support for prices. However, a stronger ringgit and weak Malaysian palm oil exports will limit the overall upward momentum.The yield on 30-year Japanese government bonds fell 4 basis points to 3.39%.South Korean lawmaker: South Koreas liquefied natural gas reserves are only enough for nine days of use.Futures News, March 5th - According to foreign media reports, soybean oil futures on the Chicago Board of Trade (CBOT) closed higher on Wednesday, marking their eighth consecutive day of gains. The benchmark contract rose 1.2%, primarily driven by tensions in the Middle East and a strengthening international energy market. Brent crude oil futures were largely unchanged, while heating oil prices surged to new contract highs. Reports indicate the Trump administration is working to reopen the Strait of Hormuz. The U.S. Department of Agriculture will release its weekly export sales report on Thursday. Analysts expect net U.S. soybean oil export sales for the week ending February 26, 2026, to be between -10,000 tons and +25,000 tons.1. International precious metals futures generally closed higher. COMEX gold futures rose 0.54% to $5151.60 per ounce, and COMEX silver futures rose 0.35% to $83.77 per ounce. Tensions in the Middle East pushed up oil prices and inflation concerns. Escalating geopolitical risks increased demand for gold as a safe haven, while economic uncertainty in a high-interest-rate environment supported golds safe-haven status. 2. The WTI crude oil futures contract closed up 2.08% at $76.11 per barrel; the Brent crude oil futures contract rose 1.36% to $82.51 per barrel. Tensions in the Middle East continued to paralyze shipping in the Strait of Hormuz, further disrupting Middle Eastern oil and gas supplies. 3. London base metals rose across the board. LME tin rose 4.83% to $51,200/ton, LME aluminum rose 2.60% to $3,335.5/ton, LME nickel rose 2.51% to $17,550.0/ton, LME zinc rose 1.51% to $3,319.0/ton, LME lead rose 1.34% to $1,962.0/ton, and LME copper rose 0.56% to $13,027.5/ton. 4. All three major U.S. stock indexes closed higher. The Dow Jones Industrial Average rose 0.49% to 48,739.41 points, the S&P 500 rose 0.78% to 6,869.5 points, and the Nasdaq Composite rose 1.29% to 22,807.48 points. Amazon rose nearly 4%, and Cisco rose more than 2%, leading the Dow Jones gains. The Wind US Tech Big Seven Index rose 1.13%, with Tesla up over 3% and Facebook up nearly 2%. The Nasdaq China Golden Dragon Index rose 0.8%, with Zai Lab up over 8% and NIO up over 5%. Resilience in the US labor market and strong expansion in the service sector, coupled with easing energy transportation concerns, gradually restored market sentiment. European stock indices rebounded after a decline, with the German DAX rising 1.74% to 24205.36 points, the French CAC40 rising 0.79% to 8167.73 points, and the UK FTSE 100 rising 0.8% to 10567.65 points. Market sentiment recovered from geopolitical shocks, with the USs stance on safeguarding ships in the Strait of Hormuz easing energy transportation concerns, and a technical rebound driving the stock market higher.
