Latest commodities news and market analysis
Asian equities advanced, driven by a tech sector rebound and speculation about Japanese pension fund flows, while the yen gained traction.
Asian equities saw broad gains, fueled by a tech sector recovery and speculation about shifts in Japanese pension fund allocations.
Citi forecasts Brent crude at $75 in Q3, anticipating a US-Iran deal and Strait of Hormuz reopening to alleviate supply concerns.
Japanese producer prices recorded their sharpest annual increase since early 2023, reinforcing market expectations for further Bank of Japan
Gold (XAU/USD) saw a modest increase during early Asian trading as market participants considered geopolitical developments in the Middle Ea
Oil markets saw volatility following initial reports of explosions in Iran, later contradicted, highlighting geopolitical sensitivity.
Crude oil futures experienced a notable reversal, trading lower despite ongoing geopolitical developments in the Middle East.
Reports suggest diplomatic efforts are underway to de-escalate US-Iran tensions, impacting crude oil and gold markets.
United States natural gas storage levels increased by 61 billion cubic feet, surpassing analysts' predictions of 60 billion.
Gold's recent gains are capped as Middle East tensions fuel inflation fears, strengthening expectations for potential Federal Reserve rate h
Despite recent fluctuations, gold may see a recovery as many negative influences are already reflected in its price, according to Credit Agr
ECB official Escriva states the central bank cannot alter monetary policy for every geopolitical event, focusing instead on broader economic
Goldman Sachs strategists highlight a significant shift in equity market drivers, moving beyond simple rally explanations towards new leader
Early euro advances against the US dollar may struggle to hold as the Federal Reserve's policy direction takes precedence, according to ING
The U.S. dollar experienced fluctuations this week as market focus shifted to U.S.-Iran relations following recent escalations and de-escala
Recent maritime incidents in the Strait of Hormuz and Ukrainian attacks on Russian oil infrastructure have introduced volatility into crude
Gold prices experienced a notable decline in Saudi Arabia on Thursday, reflecting broader movements in the global commodities market.
Gold prices in the Philippines experienced a decline on Thursday, reflecting broader movements in the international commodity markets.
Geopolitical tensions involving the US and Iran have reignited, marked by conflicting statements and military actions from both sides.
Chinese factory-gate inflation reached a four-year peak in June, while consumer price growth remained subdued, highlighting a two-speed econ
Asian markets displayed a mixed performance with technology shares advancing while broader investor sentiment remained cautious due to risin
Silver (XAG/USD) saw a modest rebound, trading above $58 per troy ounce, as the US Dollar experienced a slight decline.
Crude oil prices edged higher as a series of retaliatory attacks in the Middle East targeted US military installations.
Gold prices eased in early Asian trading on Thursday, influenced by escalating geopolitical concerns and their potential impact on inflation