Futures exchange wheat futures traded flat at $6

Wheat futures traded flat at $6.14/bushel on the futures exchange despite reports of crop deterioration in Eastern Europe. Speculative flows remain subdued, hinting at potential breakout upon supply shock confirmation. Boosted by an endorsement from Binance founder Changpeng Zhao (CZ), the token’s price has climbed more than 2,200% since launch, even accounting for a mild pullback in recent days. Money flows towards those economies that offer growth opportunities, and that, ultimately, drives exchange rates. Silver futures rose 2.0% to $29.12/oz on the futures exchange, driven by strong industrial demand and investor hedging against currency risk. Momentum indicators suggest continued upside scope.