Latest commodities news and market analysis
This report covers key economic data, commodity price changes, and stock market performance from July 10, impacting various financial instru
Despite recent declines in crude oil prices, consumer inflation may not immediately ease due to high refinery profit margins and product sho
Gold prices eased on Friday following President Trump's remarks indicating an end to a ceasefire with Iran, while also allowing for renewed
Net non-commercial positions in COMEX gold futures, as reported by the CFTC, saw a marginal rise to $194.2K from the previous $194K.
Analyst forecasts indicate a potentially record-breaking Q2 earnings season for the S&P 500, driven by strong energy and tech sectors.
The total number of active drilling rigs in the United States increased by one, while crude oil prices experienced a modest daily decline.
The Baker Hughes US Oil Rig Count remained unchanged at 445, suggesting a period of stability in domestic drilling activities.
West Texas Intermediate (WTI) crude oil experienced a notable price fluctuation, initially rising before a sharp reversal.
Crude oil prices declined, erasing earlier gains despite Middle East tensions, slipping below a key technical indicator.
The Federal Reserve's recent report to Congress indicates a significant acceleration in consumer price changes this spring, moving beyond me
Gold prices are set for a weekly loss as renewed Middle East tensions and concerns over potential Federal Reserve interest rate hikes weigh
Recent developments, including the RBNZ's hawkish stance and geopolitical tensions, have influenced market expectations for global interest
Upcoming US earnings season, particularly for financial and technology sectors, will be a focal point for markets, alongside key economic da
The International Energy Agency projects a significant year-on-year rise in global oil demand for the final quarter of this year.
Markets anticipate one more ECB rate hike this year, likely in September, as inflation data provides some comfort despite oil market uncerta
Geopolitical tensions involving the Strait of Hormuz continue to impact global oil markets, as Iran asserts its strategic leverage.
Geopolitical tensions in the Middle East continue to influence market sentiment, with oil prices particularly sensitive to developments.
Asian equities advanced, driven by a tech sector rebound and speculation about Japanese pension fund flows, while the yen gained traction.
Asian equities saw broad gains, fueled by a tech sector recovery and speculation about shifts in Japanese pension fund allocations.
Citi forecasts Brent crude at $75 in Q3, anticipating a US-Iran deal and Strait of Hormuz reopening to alleviate supply concerns.
Japanese producer prices recorded their sharpest annual increase since early 2023, reinforcing market expectations for further Bank of Japan
Gold (XAU/USD) saw a modest increase during early Asian trading as market participants considered geopolitical developments in the Middle Ea
Oil markets saw volatility following initial reports of explosions in Iran, later contradicted, highlighting geopolitical sensitivity.
Crude oil futures experienced a notable reversal, trading lower despite ongoing geopolitical developments in the Middle East.