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Market Intelligence

Gain the edge you need to succeed in the commodity and financial markets: our Market Intelligence team delivers cutting-edge research and analysis you won't find anywhere else.

U.S. Industrial Policy Has Crossed a Line That Markets Cannot Ignore

As state-led industrial investment pushes China's current account surplus past $1 trillion, the United States has responded with subsidies, tariffs and direct government stakes in private companies, each step moving further from the free trade principles that defined its economic policy for a century. Vincent Deluard, Director of Global Macro Strategy at StoneX Group, argues this is not a temporary deviation from orthodoxy but a structural realignment that markets have yet to fully price in.

Editorial Team
Editorial Team
  • Currencies

Iran, China and the Unconfirmed Promises Keeping Grain Traders Guessing

With Iranian asset releases unverified and China's soybean purchase commitments untested, grain markets are trading on assumptions rather than confirmed flows. Arlan Suderman breaks down why the verification gap is the most consequential variable facing U.S. commodity prices right now.

Editorial Team
Editorial Team
  • Grains & Oilseeds

Core PCE Could Tip the S&P 500 Into a Lower Low This Week

The S&P 500 is at a critical technical juncture after a 1.8% weekly decline driven by tech sector selling and rising Federal Reserve rate hike expectations. Core PCE inflation data is the immediate swing factor, with the potential to either confirm a bearish breakdown or reignite the case for new record highs.

Editorial Team
Editorial Team
  • Equities

Europe's Heatwave Creates Grain Market Surprises

A European heatwave is creating very different outcomes across grain markets. While maize faces heightened production risks, some traders believe wheat quality could improve, potentially creating export opportunities that few anticipated at the start of the season.

Editorial Team
Editorial Team
  • Grains & Oilseeds

CME Cash Market Summary

Daily CME spot dairy market price summary

Dairy Team - Chicago
Dairy Team - Chicago
  • Dairy

Oil Traders Turn From War Risks to Dollar Strength

Crude oil markets are rapidly shifting their focus away from geopolitical headlines and back toward macroeconomic fundamentals. As conflict-driven risk premiums disappear, traders are reassessing the impact of a stronger U.S. dollar, interest rate expectations, and key technical support levels on the next phase of oil price direction.

Editorial Team
Editorial Team
  • Energy

U.S. Inflation Risks Strengthen the Dollar Trade

Persistent inflation pressures are becoming the dominant force in currency markets as traders reassess the outlook for U.S. interest rates. With inflation still running well above the Federal Reserve's target, upcoming economic data could determine whether dollar strength extends into the second half of 2026.

Editorial Team
Editorial Team
  • Currencies

Perspective: Morning Commentary for June 24

June 24 – Stock futures bounced modestly overnight, following sharp losses in the tech sector on Tuesday. Investors are monitoring developments out of the Middle East while positioning for tomorrow’s pile of economic data, including the latest PCE inflation numbers. The VIX is trading near 19 this morning, while the dollar index trades at fresh 13-month highs near 101.8. Yields on 10-year Treasuries are trading near 4.43%, while yields on 2-year Treasuries are trading near 4.16% as the yield curve continues to flatten. WTI crude oil prices are trading at fresh 16-week lows near $70 per barrel, while Brent trades near $74 per barrel. The grain and oilseed markets were modestly higher as a rule overnight.

Arlan Suderman
Arlan Suderman
  • Grains & Oilseeds
  • Energy
  • Dairy
  • Renewable Fuels
  • Cocoa
  • Coffee
  • Cotton
  • Sugar
  • Meats & Livestock
  • Forest Products

Precious Metals Weekly Front Desk Presentation 062426: Warsh policy; China gold numbers mismatch

A document with a substantial number of slides and text, built for the Front Desk internal call and analysing market developments, the economic and political background and key market parameters influencing the precious metals. This week includes material on the Precious Metals, notably Gold's lively action; Powell and the Fed, EU and potential margin compression

Rhona O'Connell
Rhona O'Connell
  • Precious Metals

Phosphate Market Faces a Cost Floor That Demand Destruction Alone Cannot Break

When the Strait of Hormuz restricts the movement of anhydrous and sulfur, phosphate manufacturers face input costs that make lower prices commercially impossible. Josh Linville explains why the structural cost floor embedded in phosphate production is preventing the market correction that growers need.

Editorial Team
Editorial Team
  • Fertilizers

Dollar Strength Masks Improving Signals for Gold

Gold remains under pressure from a resurgent U.S. dollar, but several market indicators suggest bearish momentum may be losing force. While currency strength continues to weigh on precious metals, positioning and sentiment data point to a more balanced outlook than recent price action alone would suggest.

Editorial Team
Editorial Team
  • Precious Metals

Why Markets Now Expect Higher Interest Rates Again

Investors are rapidly reassessing the outlook for U.S. interest rates as Federal Reserve officials signal a more restrictive stance than markets had anticipated. The shift reflects not only changing policy expectations but also a broader transformation in how the Federal Reserve communicates with financial markets.

Editorial Team
Editorial Team
  • Interest Rates

Videos

Discover dynamic insights with our curated video content. From expert interviews, breakdowns of global economics and timely market analysis, our videos unlock your ability to make informed decisions with clarity and confidence.

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Whitepapers

Seeking a more comprehensive look at your topics of interest? Our market-expert driven whitepapers deliver greater financial analysis through extensive research and meticulous attention to detail.

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Podcasts

Go deeper into the world of finance and trading with our ever-current StoneX podcasts. Our experts help inform your strategy with thought-provoking conversation that go beyond your typical news article.

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Webinars

Access expert-led, on-demand webinars from StoneX analysts around the world. Stay informed with in-depth discussions on global markets, designed to support and strengthen your strategy.

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Education

Take control of your cash flow and improve your balance sheet with StoneX's comprehensive education, tailored to meet your specific needs and goals in the commodities and financial markets.

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Glossary

Our glossary of trading terms, investment topics and in-depth research is designed to give you a better understanding of the financial markets. Improve your knowledge and enhance your strategies with our glossary.

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Thought leadership

Delve into expert financial analysis and opinion by industry insiders from across market sectors. StoneX thought leadership offers deep insights and actionable guidance designed to put you a step ahead of the competition.

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StoneX: We open markets

Our market expertise, advanced platforms, global reach, culture of full transparency and commitment to our clients’ success all set us apart in the financial marketplace.

Reach

With access to 40+ derivatives exchanges, 180+ foreign exchange markets, nearly every global securities marketplace and numerous bilateral liquidity venues, StoneX’s digital network and deep relationships can take clients anywhere they want to go.

Transparency

As a publicly traded company meeting the highest standards of regulatory compliance in the markets we serve, our financials and track record are matters of public record. StoneX’s commitment to “doing the right thing over the easy thing” sets us apart in the industry and helps us build respect, client trust and new partnerships.

Expertise

From our proprietary Market Intelligence platform to “boots-on-the-ground” expertise from award-winning traders and professionals, we connect our clients directly to actionable insights they can use to make more informed decisions and achieve their goals in the global markets.

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