Articles by Rebecca Torres
Mexican Peso Suffers Biggest Drop Since March on Robust US Jobs Data
The Mexican peso plunged 1.1% to 17.4793 per dollar, its biggest daily drop since March, after a robust US jobs report strengthened the dollar and stoked expectations of prolonged higher US rates, reducing Mexico's yield appeal.
Natural Gas Futures Slide as Cooling Demand Forecasts Diminish
U.S. natural gas futures fell 3.2% Friday as weather models cut cooling demand, erasing a two-day rally. Inventories remain above average but the surplus is narrowing.
Gold Slump and Broad Selloff Slam Newmont Shares
Newmont Corp. shares plunged nearly 8% to $99.71 as gold prices tumbled 3% after stronger-than-expected U.S. jobs data reduced hopes for Federal Reserve easing, sending Treasury yields higher and pressuring gold miners.
Mexican Peso Slides as Strong US Jobs Data Revives Fed Rate Hike Bets
The Mexican peso dropped more than 1% to 17.47 per dollar after a robust US jobs report boosted Treasury yields and the greenback, reviving expectations of a Federal Reserve rate hike this year.
Soybean Prices Tumble as Mixed Export Data and Weaker Product Markets Weigh
Soybean prices fell sharply on Thursday, with cash prices down 30 cents amid mixed export sales and lower product futures. Brazil exports surged.
U.S. Mint's $5,370 Gold Coin Vanishes in Two Minutes Amid Record Investment Demand
The U.S. Mint's 2026-W American Eagle gold coin sold out in under two minutes, reflecting surging physical gold investment demand that Metals Focus says will overtake jewelry this year.
Lithium Americas Surges on Thacker Pass Progress, Defying Sector Weakness
Lithium Americas shares jumped 5.8% to $5.51 as investors focused on accelerating construction at its Thacker Pass project, bucking declines in Albemarle and SQM.
Gasoline Dips on Crude Retreat, But Geopolitical Risks Persist
U.S. gas prices fell to $4.322/gal, down from $4.507 last week, as crude pulled back. However, oil surged 4.2% Monday after Iran halted indirect U.S. talks and new blockade fears emerged. Gasoline stocks declined for a record-tying 15th week.
