Latest commodities news and market analysis
US 10-year Treasury yields surpassed 5.1%, driven by Federal Reserve rate hike expectations, though UBS suggests market pricing might be exc
Crude oil benchmarks climbed to a one-week high following Houthi attacks on Saudi Arabian facilities, overshadowing diplomatic overtures.
Iranian President Pezeshkian expressed a desire for a return to the nuclear deal with the US prior to upcoming midterm elections.
Discussions between the US and Iran reportedly center on a phased agreement to reopen the Strait of Hormuz and lift US sanctions.
US and Chinese leaders meet to discuss trade, technology, Taiwan, and Iran, with traders monitoring for potential market impacts.
Gold is experiencing downward pressure, approaching recent lows, as US Treasury yields climb to levels not seen since 2007.
German business confidence saw further improvement in September, with the Ifo Business Climate Index reaching its highest point since May.
European stock markets opened lower, influenced by a surge in bond yields and renewed concerns over inflation from higher oil prices.
Nasdaq futures traders are monitoring specific price zones as broader market sentiment is influenced by rising US bond yields and energy con
Recent shipping figures from the Strait of Hormuz suggest persistent geopolitical risk in the oil market, influencing crude price dynamics.
Chinese mainland financial markets observe a one-day closure for the Mid-Autumn Festival, with a longer break approaching.
Crude oil prices advanced significantly as diplomatic efforts stalled, reinstating a geopolitical risk premium despite a larger-than-expecte
The White House is reportedly considering a 90-day ban on US diesel exports, a move expected to impact global refined product markets.
US bond yields saw a significant increase following robust services sector data, while crude oil prices advanced and the dollar strengthened
US Treasury yields across various maturities have climbed to levels not seen in over a decade, driven by robust economic indicators.
European stock markets concluded lower on Wednesday as government bond yields increased across both the U.S. and Europe.
Indirect discussions between the United States and Iran reportedly included the potential reopening of the Strait of Hormuz.
Iran's President Pezeshkian addressed the UN General Assembly, emphasizing a diplomatic approach to nuclear energy while asserting defensive
US crude oil stockpiles saw an unexpected increase this week, contrasting with a draw in gasoline inventories, according to recent data.
Flash S&P Global PMIs for September indicate robust growth across US services and manufacturing sectors, surpassing expectations.
September's UK Flash PMI indicates a sluggish economic growth rate alongside persistent inflationary pressures and subdued business confiden
European stock markets saw gains as Brent crude extended its decline, easing inflation concerns and supporting risk appetite.
Significant option expiries for EUR/USD and USD/JPY could influence price action around specific levels today.
USD/JPY remains above 157 after the BOJ's rate hike, indicating persistent dollar strength and ongoing intervention speculation.