Latest commodities news and market analysis
US dollar weakens after June's Consumer Price Index data showed inflation easing more than anticipated, reducing immediate rate hike pressur
Rabobank strategists have reiterated their Brent crude oil price projections, forecasting $80/bbl for Q3 2026 and $78/bbl for Q4 2026.
Copper prices are experiencing upward pressure, driven by robust physical demand and dwindling inventory levels in key commodity exchanges.
The US Dollar is gaining ground, supported by rising oil prices, persistent inflation, and a robust US labor market, reinforcing hawkish Fed
The VanEck Gold Miners ETF (GDX) is currently testing a significant support zone, potentially signaling a pivotal moment for the fund.
Strategists at ING suggest the US Dollar Index (DXY) could strengthen as ongoing geopolitical tensions in the Gulf region may not be fully p
The Euro continued its depreciation against the Canadian Dollar, influenced by an uptick in crude oil prices boosting the commodity-linked C
A recent survey indicates long global semiconductors are the most popular trade, driven by economic optimism and AI investment.
The Indian Rupee experienced a notable decline against the US Dollar, influenced by rising oil prices and US Treasury yields.
Oil futures have seen a significant rise this month, driven by escalating geopolitical tensions surrounding the Strait of Hormuz.
Financial markets are closely watching the US Consumer Price Index (CPI) report for June, with inflation data influencing central bank expec
Asian currencies showed mixed movements as robust Chinese trade data and hawkish RBNZ comments influenced market sentiment.
China's trade figures for June significantly exceeded expectations, driven by strong export performance and a notable increase in imports.
New Zealand Dollar gained after RBNZ Chief Economist Conway reiterated the central bank's commitment to combat inflation.
Economists anticipate a headline decline in US June CPI, primarily due to lower gasoline costs, but core inflation metrics remain a concern
Silver prices extended declines for a third day, influenced by a stronger US dollar and increased bets on further Federal Reserve interest r
Gold prices declined to a two-week low as surging oil prices fueled expectations of further interest rate hikes by the Federal Reserve.
Australian business confidence and conditions saw improvement in June, though some data points may not reflect recent market shifts.
The European Union has implemented new sanctions targeting gold from Sudan, aiming to disrupt a key funding source for the ongoing conflict.
Gold experienced a decline, trading near $3,995 in early Asian session, influenced by rising US-Iran tensions and upcoming US CPI data.
Iranian missiles struck two UAE tankers in the Strait of Hormuz, causing casualties and raising concerns about broader regional conflict.
A tanker reportedly struck by a projectile near Oman highlights escalating maritime risks, potentially impacting global shipping and oil mar
New Zealand's central bank indicates potential for more interest rate hikes, citing persistent inflation pressures despite recent oil price
Key economic data from New Zealand and China on Tuesday could offer insights into regional economic health and recovery narratives.