Latest commodities news and market analysis
A meeting discussing a potential shipping corridor through the Strait of Hormuz has been postponed, maintaining geopolitical risk premiums.
US stocks staged a significant recovery on Friday, ending a losing streak despite inflation data, though major indices still closed lower fo
A recent Houthi attack on Saudi Arabia's East-West pipeline has led to its precautionary shutdown, impacting a key oil export route.
JPMorgan now anticipates the Federal Reserve will implement interest rate increases in both September and December, aligning with market exp
Yemen's Houthi group has reportedly consolidated control over the Bab el-Mandeb Strait, a vital global shipping lane.
Upcoming US inflation data features varied analyst forecasts, with core CPI figures particularly relevant for Federal Reserve policy conside
Global oil prices surpassed $100 per barrel this week, strengthening Iran's leverage in ongoing diplomatic efforts to de-escalate regional c
The UK economy expanded by 0.4% in July, surpassing expectations and demonstrating broad-based growth across key sectors.
Today's financial calendar features the UK's monthly GDP figures and the highly anticipated US Consumer Price Index report.
Crude oil prices sustained recent highs following unconfirmed reports of vessel incidents near the Strait of Hormuz and a Houthi claim.
Markets anticipate a Bank of Japan rate hike next week, with attention now on the central bank's future pace and terminal rate.
Unconfirmed Houthi claims of full control over the Bab el-Mandeb strait are impacting market perceptions of shipping and oil risks.
ANZ Bank anticipates additional European Central Bank rate increases, projecting a December hike, contrasting with ING's view.
The upcoming August CPI report on Friday is crucial for the Federal Reserve's September meeting, following recent inflation data.
ECB President Christine Lagarde's upcoming speech will be scrutinized for insights on inflation and energy, just days after a rate increase.
Nvidia's CEO has pushed back against claims of circular financing within the AI sector, as broader investment practices face increased exami
Maritime incidents near the Strait of Hormuz and unconfirmed reports of an attack on a Saudi pipeline have stirred oil market sentiment.
Unverified reports of damage to Saudi Arabia's East-West pipeline have contributed to a rise in crude oil prices, amidst ongoing regional se
US stock markets closed lower, influenced by a significant increase in Treasury yields and oil prices surpassing $100 per barrel.
Crude oil prices experienced a significant rally, climbing 7% and surpassing $100 per barrel, driven by supply worries and a slightly higher
Crude oil futures advanced significantly, driven by escalating geopolitical risks in the Middle East and concerns over global supply disrupt
Weekly US crude oil stocks decreased by 391,000 barrels, a smaller drawdown compared to analyst expectations.
Crude oil futures experienced a notable surge, yet major oil company equities registered declines, indicating a potential market divergence.
Rising oil prices, particularly due to geopolitical tensions, are identified as a primary driver behind the recent increases in long-term bo