Latest commodities news and market analysis
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.
China's central bank held its benchmark loan prime rates steady for the 14th consecutive month, impacting lending costs.
USD/JPY approaches a critical threshold, raising speculation of potential Japanese Ministry of Finance intervention during a holiday-reduced
Reduced vessel traffic through the Strait of Hormuz suggests ongoing Middle East tensions are impacting global oil and gas flows.
Goldman Sachs suggests China's actual gold accumulation could be significantly higher than official reports, driven by central bank demand.
Escalating geopolitical tensions in the Middle East are prompting a risk-off response, bolstering both crude oil prices and the US dollar.
Crude oil futures saw a notable increase as market participants reacted to reports of escalating geopolitical risks in the Middle East.