Latest commodities news and market analysis
A tanker reportedly sustained a projectile hit and fire near Oman, prompting investigations and a brief uptick in oil prices.
Despite expectations for a rate increase, the New Zealand dollar's upside may be constrained if markets view it as a singular event.
Silver prices declined over 1% on Monday, with XAG/USD trading around $61.80 after an earlier peak, despite a weaker US Dollar and lower Tre
Canadian oil companies are accelerating production from the Clearwater formation, leveraging quicker drilling cycles to respond to market de
Major US stock indices closed higher, with the Dow Jones Industrial Average reaching an unprecedented level and the Nasdaq leading gains.
Crude oil futures concluded the trading session slightly lower, encountering resistance near key technical indicators.
ECB policymakers express differing perspectives on the impact of geopolitical events on inflation and the necessity of further monetary tigh
Recent Bank of Canada surveys reveal a complex economic picture, with softening sales outlooks but firm investment plans.
ECB Executive Board member Isabel Schnabel indicates that current price increases are not transitory, citing emerging second-round effects.
TD Securities anticipates the US economy will see stable growth and persistent inflation into 2026, with potential stagflationary risks.
The VanEck Junior Gold Miners ETF (GDXJ), tracking smaller gold producers, may experience additional downward movement.
Gold prices eased Monday, facing headwinds from a firmer US Dollar and some profit-taking after last week's rebound from multi-month lows.
Vessel transits through the Strait of Hormuz continue at reduced levels, particularly for crude oil tankers, weeks after its supposed reopen
Gold prices eased from a two-week peak during Asian trading, influenced by a firmer US dollar and ongoing geopolitical concerns.
Gold prices experienced a notable decline in Saudi Arabia on Monday, reflecting broader movements in the global commodities market.
OPEC+ decided to keep its current oil production strategy, aligning with market expectations and influencing global energy prices.
Goldman Sachs has adjusted its yen forecasts, anticipating further depreciation against the US dollar, aligning with growing market sentimen
ASB predicts the Reserve Bank of New Zealand will maintain its OCR at 2.25% in July, contrasting many analysts anticipating a hike.
Hong Kong's pension regulator plans to relax investment guidelines for gold ETFs, aiming to bolster the city's role as a regional gold hub.
OECD oil stocks hit a multi-decade low, yet market dynamics and geopolitical factors suggest a complex path for future price movements.
The New Zealand Dollar saw a decline, reversing recent gains, influenced by a drop in commodity prices and varied economic forecasts.
New Zealand's ANZ World Commodity Price Index saw a modest rise in May, driven by significant year-on-year gains in wool and aluminium.
Major financial institutions hold varied outlooks for gold, weighing central bank purchases against interest rate and dollar strength.
Samsung Electronics anticipates an 18-fold increase in Q2 operating profit, reaching a record 86 trillion won, fueled by strong AI memory de