Latest commodities news and market analysis
US equity index futures opened lower, while oil futures advanced, following reports of US military actions targeting Iran.
Crude oil prices reversed recent declines, moving sharply higher following reports of US military strikes against Iran in response to shippi
A recent private industry survey indicated a modest crude oil inventory reduction, while gasoline and distillate figures varied against pred
Crude oil prices advanced significantly following the US Treasury's decision to revoke a key sanctions waiver for Iran.
Economists are divided on whether the Reserve Bank of New Zealand will increase its official cash rate this week, despite persistent inflati
Silver prices saw a notable decline on Tuesday, influenced by escalating geopolitical tensions in the Middle East and a shift in market sent
The US Treasury has rescinded a waiver on Iranian oil sanctions, contributing to a rally in crude oil prices and affecting other asset class
Iran claims control over Hormuz Strait traffic as maritime authorities warn of severe threat levels, pushing crude oil prices higher.
New Zealand's central bank prepares for a pivotal interest rate announcement, with market participants split on the likely outcome.
Recent events highlight global economic resilience and persistent enigmas within the oil market, challenging conventional analyses.
The US stock market shows varied performance today, with Microsoft advancing while semiconductor stocks experience a notable decline.
The Canadian Dollar remained largely stable against the US Dollar despite positive Canadian trade figures and rising oil prices.
Former President Trump commented on the Ukraine conflict, suggesting a potential for resolution, which could influence global oil prices.
Global markets remain subdued awaiting US inflation data; oil prices hold steady, while China continues to expand its gold holdings.
The Indian Rupee (INR) reversed early declines on Tuesday, gaining against the US Dollar (USD) as crude oil prices showed stability.
Crude oil futures have seen a notable short-term sentiment shift, with prices moving above a critical resistance area.
China expanded its gold holdings for the twentieth consecutive month in June 2026, reaching over 75 million troy ounces.
USD/JPY continues to trade near 162, with Credit Agricole anticipating ongoing official intervention risk to cap further gains.
Iran's foreign minister stated that final deal negotiations would not proceed if threats against the nation persist.
Gold prices experienced a notable decline in Saudi Arabia on Tuesday, reflecting broader movements observed in global commodity markets.
The Nasdaq 100 index exhibits a bearish short-term bias, struggling to maintain critical resistance levels as selling momentum persists.
West Texas Intermediate crude oil prices saw an uptick, trading near $69.20 a barrel, following reports of maritime incidents in the Strait
China's central bank raised the Southbound Bond Connect quota and committed more forex reserves to Hong Kong, coinciding with new gold marke
Reports indicate Iranian forces fired missiles at commercial ships in the Strait of Hormuz, sparking renewed worries about maritime safety.