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See past reports and recent analysis from the StoneX Market Intelligence team by clicking the links below.

Gold's Floor Sits on a Decade Old Trend Line Traders Rarely Watch

Gold's rebound is being framed by levels that were set long before it began, a resistance line from a decade ago that now works as support and a retracement grid drawn off the entire history of the move. Razan Hilal maps where that floor sits and what has to fail before it matters.

Razan Hilal
Razan Hilal
  • Precious Metals

Corn Scarcity Sends European Feeders Into a Contested Wheat Market

Europe's maize crop has been cut back hard by consecutive heatwaves, leaving feed buyers short of the grain they normally rely on. With Ukrainian supply constrained and feed wheat pulled toward export demand, the substitution that usually solves the problem has become a competition.

Editorial Team
Editorial Team
  • Grains & Oilseeds

Corn Scarcity Sends European Feeders Into a Contested Wheat Market

Europe's maize crop has been cut back hard by consecutive heatwaves, leaving feed buyers short of the grain they normally rely on. With Ukrainian supply constrained and feed wheat pulled toward export demand, the substitution that usually solves the problem has become a competition.

Editorial Team
Editorial Team
  • Grains & Oilseeds

S&P 500 Earnings Breadth Widened and Technology Was Not the Story

Technology opened and closed the earnings run, but the surprise reached much wider, with healthcare among the strongest percentage beats of the quarter. That breadth explains why index returns looked ordinary while sector returns pulled sharply apart.

Editorial Team
Editorial Team
  • Equities

Dollar Weakness Hits the Euro and the Aussie as the Yen Steals Focus

The yen's two-day surge has dominated the headlines, but the euro, the Australian dollar and gold were all rebounding at the same time. That pattern points to a dollar problem rather than a purely Japanese one, and it changes how the next labor market print should be read.

Fawad Razaqzada
Fawad Razaqzada
  • Currencies

Shrinking Rapeseed Crops Leave European Crushers Chasing More Imports

European rapeseed production estimates have been cut again, pushing crushers toward a larger import program at the same time river logistics remain restricted. What arrives now depends on Ukrainian export capacity and an upgraded Australian canola crop rather than on domestic supply.

Editorial Team
Editorial Team
  • Grains & Oilseeds

Beef Tariff Relief Expires Too Fast to Move Any Supermarket Prices

A 90-day waiver on the higher out of quota beef tariff covers 300,000 metric tons, but the duration matters more than the volume. Nobody in the U.S. beef supply chain reprices for a policy that expires before the quarter ends.

Editorial Team
Editorial Team
  • Meats & Livestock

European Feed Demand Is Competing With Exports on Wheat

Failed grazing across parts of Europe has pushed cattle and dairy farmers into bought-in rations at the same moment international buyers turned to European wheat. The result is a single supply base being asked to serve two very different customers.

Editorial Team
Editorial Team
  • Grains & Oilseeds

Bank of Japan and Federal Reserve Divergence Is Driving the Yen Higher

Two central banks are pushing the Japanese yen in the same direction at the same time, with Tokyo edging toward a rate hike while the Federal Reserve holds its focus on inflation. The gap between those two paths, and the U.S. labor data now testing it, is what the currency is actually trading on.

Michael Boutros
Michael Boutros
  • Currencies

Crude Oil's Confluence Zones Turn Old Resistance Into New Support

Crude oil has broken a declining resistance line that capped every rally since March 2026, and the level it broke is now the market's first line of defense. Reading where Fibonacci ratios, wave structure, and momentum signals overlap is what separates a routine pullback from a genuine reversal. Crude oil confluence zones show how broken resistance turns into support, how Fibonacci and Elliott Wave levels stack, and what momentum divergence warns

Razan Hilal
Razan Hilal
  • Energy

Russian Diesel Losses Now Outweigh Every Replacement Supply Combined

Roughly 700,000 barrels per day of Russian diesel have left the market, and the supply that could plausibly replace it does not add up. Alex Hodes of StoneX explains why China's spare refining capacity closes only a fraction of the gap and what that leaves for buyers.

Alex Hodes
Alex Hodes
  • Energy

U.S. Energy Exports to Asia Are Colliding With a Narrowing Canal Route

American crude oil, refined products, and natural gas are moving toward Asia in growing volume at exactly the moment the Panama Canal is cutting the number of ships it lets through each day. Tom Beney explains how that collision is reshaping which cargoes get priority passage and which ones take the long way round.

Editorial Team
Editorial Team
  • Energy
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