Latest commodities news and market analysis
A Bank of Japan board member indicated a continued tightening path, emphasizing the need to monitor rising inflation risks more closely.
Reports circulating about an oil tanker incident in the Strait of Hormuz on August 25 have not impacted current crude prices.
A majority of major banks now anticipate an additional interest rate increase from the Reserve Bank of Australia this year.
UBS views current dollar weakness as a structural shift, not temporary, anticipating sustained gold and commodity flows.
Crude oil benchmarks experienced volatile trading as market participants assessed geopolitical developments alongside weekly U.S. inventory
Crude oil prices advanced today, driven by heightened geopolitical risks in the Middle East and concerns over potential supply disruptions.
The Canadian Dollar experienced a slight dip, influenced by a stronger US Dollar and declining oil prices, with USD/CAD nearing fair value.
Reports suggest Russia plans to intensify actions in Ukraine following perceived stagnation in peace negotiations, impacting commodity marke
The Canadian dollar declined against the US dollar, with USD/CAD rising, as trade tensions overshadowed crude oil's upward movement.
US crude oil stockpiles increased by 95,000 barrels last week, significantly below expectations, while gasoline and distillate inventories f
Declining oil prices and recent US Treasury actions have contributed to lower long-term US yields and reduced market volatility.
The Indian Rupee is expected to open higher against the US Dollar, influenced by a recent drop in global crude oil prices.
Gold retreated from recent highs as market participants awaited key US inflation data, following a period of increased demand.
European markets saw limited movement amid a quiet data day, with focus shifting to potential US-Iran news and the upcoming Jackson Hole sym
Gold prices are facing downward pressure, influenced by a strengthening US dollar following recent inflation data, making the metal less att
Silver (XAG/USD) is experiencing two-way price movements, struggling to decisively break above the $70.00 level during Wednesday's European
Crude oil benchmarks experienced a downturn following reports of potential sanctions relief, coinciding with a pause in the US dollar's rall
Swiss investor confidence increased for the second consecutive month in August, with the UBS index rising to +12.1 from +10.0.
Crude oil futures extended recent losses in Asian trading, moving below the $80 per barrel mark on reduced regional tensions.
ECB Executive Board member Isabel Schnabel highlighted the necessity of prompt policy intervention to prevent persistent inflation.
Oil prices declined while the Australian dollar reached a three-month peak following stronger-than-expected inflation figures.
The United States has started returning diplomatic personnel to Middle East posts, suggesting a perceived reduction in immediate escalation
Gold maintained its recent gains as investors anticipated crucial US inflation data and remarks from a Federal Reserve official.
July Personal Consumption Expenditures (PCE) data is out, offering insights into inflation ahead of a significant Federal Reserve speech.