Latest commodities news and market analysis
West Texas Intermediate (WTI) crude oil extended its decline for a second day, trading below $82 per barrel on Tuesday.
New Zealand's Q2 inflation surprised to the upside at 4.1% year-on-year, primarily driven by surging fuel costs, strengthening RBNZ tighteni
Gold prices eased in early Asian trading on Tuesday, influenced by heightened geopolitical tensions between the US and Iran, which fueled in
Crude oil prices have reached one-month highs, driven by escalating US-Iran tensions and Houthi threats to shipping lanes.
A recent increase in oil prices, combined with ongoing inflation concerns, is reportedly exerting downward pressure on several Asian currenc
New Zealand's Q2 inflation data, anticipated to show elevated consumer prices, is a key focus for the NZD this week.
Brent crude prices have climbed amid US-Iran tensions and Houthi threats, while refined product spreads show outperformance.
A US official indicates the Trump administration's primary focus remains on penalizing Iran for alleged violations and recent events.
Gold prices saw a modest decline on Monday, influenced by a stronger US Dollar as geopolitical tensions in the Middle East escalated.
Canada's annual inflation rate fell to 2.8% in June, surprising economists and potentially influencing future Bank of Canada policy decision
Mediators have reportedly suggested a 10-day pause in hostilities to facilitate discussions on reinstating the US-Iran nuclear agreement.
West Texas Intermediate (WTI) crude oil experienced a slight pullback on Monday as market participants considered potential diplomatic devel
Gold prices are showing modest gains as the US Dollar's recovery pauses and crude oil pulls back, forming a technical pattern.
Crude oil futures saw minor declines following indications from Iran that diplomatic engagements are still active despite regional tensions.
EUR/USD has entered a consolidation phase, with its future trajectory heavily influenced by diverging interest rate expectations between the
This week features significant economic reports, including inflation figures from Canada, New Zealand, and the UK, alongside employment data
Gold prices in Saudi Arabia held steady on Monday, reflecting broader market calm and investor caution amid global economic signals.
Crude oil benchmarks advanced as geopolitical tensions in the Middle East intensified, impacting shipping routes and market sentiment.
Gold prices in the Philippines displayed little movement on Monday, reflecting a generally steady trend in the local market.
Gold prices in the United Arab Emirates saw minimal movement on Monday, reflecting a steady trend influenced by broader market factors.
Oil prices advanced following reports of incidents in the Strait of Hormuz, potentially impacting Asian currencies and market sentiment.
A recent MUFG analysis indicates that an oil price rebound, driven by Middle East tensions, is exerting pressure on Asian currencies.
Crude oil prices saw a significant gap higher as escalating Middle East tensions prompted market participants to reassess regional risk.
Iran claims two tankers were damaged by mines in the Strait of Hormuz, intensifying concerns over vital oil shipping lanes.