Quarterly Commodities Outlook is available for free now.  Download your report  →

StoneX logo

Thought leadership

Access expert financial analysis and market intelligence, including webinars, whitepapers and articles, from industry-leaders at StoneX.

View our research

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

Oil Chart Patterns Reveal a Fragile Market Rally

Technical analysis remains highly relevant in crude oil markets, particularly when geopolitical headlines amplify volatility and investor sentiment. Brent crude's recent rally demonstrates how chart patterns and market psychology can help identify pivotal turning points before the next fundamental catalyst emerges.

Editorial Team
Editorial Team
  • Energy

Carry Trades Gain Ground as Central Banks Diverge

The widening gap between U.S. and Japanese interest rates is breathing new life into one of the world's most closely watched currency strategies. As monetary policy paths continue to separate, investors are finding fresh incentives to borrow in low-yielding currencies and invest in higher-yielding assets.

Editorial Team
Editorial Team
  • Currencies

Real Yields Are Reshaping Global Asset Prices

Rising real yields are signalling a broader repricing of risk that extends beyond Federal Reserve policy. Greater Treasury supply, fiscal concerns and higher term premiums could reshape valuations across global asset markets.

Editorial Team
Editorial Team
  • Fixed Income

Asia's Cocoa Appetite Could Reshape Global Demand

Asia's stronger cocoa grinding activity is raising expectations that the region could become a more important source of global demand growth. China and India offer significant long-term potential, but current trade data still falls short of confirming a decisive consumption shift. Asia cocoa demand could reshape global growth as stronger grinding data meets limited import evidence from China and India and cautious processor margins

Editorial Team
Editorial Team
  • Cocoa

Wall Street Demands Discipline in the AI Race

Alphabet’s results reveal that strong AI-driven growth is no longer enough to satisfy investors. Wall Street is increasingly judging Big Tech by whether expanding infrastructure budgets can deliver sustainable returns.

Editorial Team
Editorial Team
  • Equities

Backwardation Set the Trap Before Low Water on the Rhine Sprang It

A backwardated oil market left European diesel storage thin long before low water on the Rhine ever became a problem. When freight doubled and barges could barely load, that missing buffer is what turned a logistics squeeze into a real pricing shock.

Editorial Team
Editorial Team
  • Energy

Retail Traders Expand Beyond U.S. Technology as Gold Recovers

Retail traders are broadening their focus as European equity indices begin to attract attention beyond the dominant U.S. technology trade. Gold is also drawing renewed buying after a volatile retreat created a perceived value opportunity.

Editorial Team
Editorial Team
  • Equities

Oil's Surge Puts the Fed's Preferred Inflation Gauge Back in Focus

Rising oil prices have pushed the Federal Reserve's preferred inflation gauge back to the center of the outlook for the U.S. dollar. With a rate decision and a core PCE reading approaching, the inflation question now carries more weight for USD/CAD than the charts alone.

Editorial Team
Editorial Team
  • Currencies

Transport Bottlenecks Are Driving Oil and Inflation

Crude oil prices are rising as geopolitical disruption threatens the transport routes that connect global energy supply with consumers. Persistent shipping and insurance pressures could prolong inflation risks even when physical oil production remains available.

Editorial Team
Editorial Team
  • Energy

Australian Dollar Strength May Be Running Out of Room

The Australian dollar has rallied on stronger employment data, but the underlying drivers suggest the move may be more fragile than it appears. While market sentiment has improved, a strengthening U.S. dollar and external macro risks could ultimately prove more influential than Australia's domestic data.

Editorial Team
Editorial Team
  • Currencies

Fertilizer Supply Chains Face a Costly Turning Point

Global fertilizer markets are becoming increasingly sensitive to logistics rather than demand alone. As geopolitical tensions disrupt key shipping corridors, transportation security and raw material availability are emerging as the primary forces shaping fertilizer prices.

Editorial Team
Editorial Team
  • Fertilizers

Sterling Loses Ground as Gilts Flash Warning

Sterling is facing renewed downside pressure as investors increasingly focus on the UK's fiscal outlook rather than inflation data alone. Rising gilt yields, political uncertainty and higher oil prices are combining to reshape confidence in UK assets.

Editorial Team
Editorial Team
  • Currencies
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 bi-lateral 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 record of accomplishment 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.

© 2026 StoneX Group Inc. all rights reserved.

The subsidiaries of StoneX Group Inc. provide financial products and services, including, but not limited to, physical commodities, securities, clearing, global payments, risk management, asset management, foreign exchange, and exchange-traded and over-the-counter derivatives. These financial products and services are offered in accordance with the applicable laws in the jurisdictions in which they are provided and are subject to specific terms, conditions, and restrictions contained in the terms of business applicable to each such offering. Not all products and services are available in all countries. The products and services offered by the StoneX Group of companies involve risk of loss and may not be suitable for all investors. Full Disclaimer.

This website is not intended for residents of any particular country, and the information herein is not advice nor a recommendation to trade nor does it constitute an offer or solicitation to buy or sell any financial product or service, by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Please refer to the Regulatory Disclosure section for entity-specific disclosures.

No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc. The information herein is provided for informational purposes only. This information is provided on an ‘as-is’ basis and may contain statements and opinions of the StoneX Group of companies as well as excerpts and/or information from public sources and third parties and no warranty, whether express or implied, is given as to its completeness or accuracy. Each company within the StoneX Group of companies (on its own behalf and on behalf of its directors, employees and agents) disclaims any and all liability as well as any third-party claim that may arise from the accuracy and/or completeness of the information detailed herein, as well as the use of or reliance on this information by the recipient, any member of its group or any third party.