PBOC Resists Yuan Appreciation Amidst Broad Dollar Weakness
China's central bank is actively moderating the yuan's rise, leading to a softer Australian dollar and other commodity-linked currencies.
Latest commodities news and market analysis
China's central bank is actively moderating the yuan's rise, leading to a softer Australian dollar and other commodity-linked currencies.
Despite high expectations for a Bank of Japan rate hike, the yen's muted reaction suggests potential for weakness if the BOJ disappoints.
Oil benchmarks dipped as Washington clarified its Iran sanctions, while Treasury yield dynamics shifted and market focus turned to upcoming
A commercial tanker was struck by an unknown projectile off the coast of Oman, causing engine damage and disabling the vessel.
The US dollar has fallen to its lowest level since May, influenced by evolving interest rate expectations and Treasury bond buybacks.
New trade threats between the US and Canada emerged, while US officials discussed Iran sanctions and manufacturing data showed a dip.
Renewed US trade threats against Canada and China, alongside oil price movements, influenced currency and commodity markets.
US Treasury officials indicate that sanctions against Iran will be enforced widely, with potential consequences for international entities i
Spot gold advanced to its highest level since mid-May on Monday, retaining most gains as the US Dollar softened against major currencies.
Gold prices advanced significantly, reaching levels not seen since mid-May, driven by shifts in US dollar policy and bond market dynamics.
Societe Generale analysts observe a recent shift in copper's price drivers, attributing changes since February 2025 to AI demand and US trad
Despite recent trade discussions between the US and Canada faltering, the Canadian dollar has shown limited depreciation.
Recent US stock market data indicates Industrials have entered a 'Cooling Off' phase, joining Technology and Consumer Discretionary.
Gold has seen a significant rally, driven by a weaker U.S. dollar and market concerns regarding Federal Reserve policy.
Gold prices maintained their recent gains, hovering near levels last seen in mid-May, even as the US Dollar showed significant strength.
Upcoming RBA minutes will reveal the debate behind August's rate pause, with markets keenly watching for inflation signals and future policy
Silver (XAG/USD) is trading around the $69.00 level on Monday, holding recent gains after reaching a two-month peak on Friday.
India's gold imports significantly increased in July, signaling a robust recovery in physical demand from the world's second-largest consume
Gold prices have risen above $4,600 an ounce, driven by growing concerns over fiscal credibility and potential currency debasement.
Vessel transits through the Strait of Hormuz decreased over the weekend, coinciding with new US sanctions and Iranian threats to oil exports
Goldman Sachs suggests options market activity could propel gold beyond its $4,900 forecast, while also amplifying potential pullbacks.
Gold prices recently surged to a three-month peak before experiencing a notable decline, reflecting dynamic market conditions.
Crude oil futures saw a slight decline on Monday, following a period of gains and amidst ongoing geopolitical developments.
New sanctions targeting Iran and threats of a complete oil export halt could significantly impact global crude markets and related sectors.