Latest commodities news and market analysis
Germany's manufacturing sector experienced slight growth in June, with an uptick in new orders and initial signs of easing cost pressures.
France's manufacturing PMI reached 51.2 in June, an improvement from May, yet key sub-indices signal ongoing challenges.
Gold has erased its early-year gains, falling over 7% below its starting point due to margin increases and persistent inflation.
An ECB governing council member indicates no immediate rush for further rate hikes, citing recent oil price declines.
South Korean exports experienced a significant surge, driven by robust demand for AI-related chips, even as the KOSPI index saw a decline.
West Texas Intermediate (WTI) crude oil prices showed stability around $69.50, influenced by ongoing diplomatic discussions between the US a
Despite a diplomatic focus, potential military actions against Iran continue to influence oil and shipping markets, particularly around the
Economists anticipate the Reserve Bank of New Zealand will hold its official cash rate in July, with future tightening expectations moderate
Bank of England Governor Andrew Bailey indicated the central bank is unlikely to rush interest rate increases despite rising inflation.
A recent private inventory survey indicated a substantial decrease in US crude oil reserves, surpassing analyst expectations.
US crude oil stockpiles increased by 6.072 million barrels last week, significantly exceeding analyst expectations for a draw.
US Vice President JD Vance reportedly indicated President Trump's readiness for renewed strikes on Iran, framing it as a policy option.
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