Latest commodities news and market analysis
Improved US job openings data offered a boost to market sentiment, while the Japanese Yen continued its decline against major currencies.
Canada's economy saw a robust start to Q2, expanding 0.5% in April, with May also showing growth, though trade uncertainties persist.
Gold (XAU/USD) recorded slight gains on Tuesday but is on track for a substantial monthly loss, influenced by a stronger US Dollar.
AUD/USD found buying interest near a significant moving average, leading to a rebound and a break above a short-term resistance.
A Federal Reserve official highlighted a robust employment landscape and solid economic growth, while reiterating concerns about elevated in
West Texas Intermediate (WTI) crude oil saw an uptick, trading around $70.80 per barrel, as shipping risks in the Strait of Hormuz appeared
Copper markets are navigating conflicting signals from China's manufacturing sector and potential US tariff actions, influencing price dynam
Gold prices found support above the $4,000 mark after earlier experiencing a dip to new year-to-date lows.
Inflation in major Eurozone economies shows signs of easing, while gold prices consolidate as markets anticipate key US economic reports.
Gold prices found support and recovered some losses on Tuesday after an earlier decline to a new seven-month low in the Asian trading sessio
ECB Governing Council member Pierre Wunsch indicated that another interest rate increase might be necessary, but not necessarily in July.
An ECB policymaker cautioned that Eurozone inflation might remain elevated, despite recent energy price reductions, citing ongoing geopoliti
An ECB policymaker highlighted that the recent decline in energy costs is expected to influence Eurozone inflation figures.
West Texas Intermediate (WTI) crude oil prices are holding near the $70 per barrel mark as market participants assess evolving US-Iran dynam
European Central Bank policymakers are reportedly less pressured for a July rate hike, with easing oil prices reducing inflation concerns.
The Japanese Yen depreciated to its lowest level against the US Dollar since 1986, prompting warnings from Japanese officials.
The Canadian Dollar experienced further depreciation against the US Dollar, influenced by declining crude oil prices and a robust greenback.
Minutes from the RBA's June meeting indicated a readiness to hike rates further, contrasting with recent market expectations for easing.
Gold prices eased in early Asian trading on Tuesday, influenced by ongoing inflation concerns and the prospect of sustained higher interest
Despite Middle East conflict and oil import risks, major investment firms continue to see value in emerging markets, particularly in Asia.
Indirect talks between Iranian and American delegations in Doha highlight ongoing diplomatic complexities, with no direct meetings planned.
The Japanese Yen depreciated to a 40-year low against the US Dollar, while the broader US Dollar experienced a general sell-off.
Silver prices remain subdued, trading below $60 per troy ounce as June concludes with a significant monthly decline.
US strategic oil reserves have declined to levels not seen since 1983, impacting market sentiment for crude oil futures.