Latest commodities news and market analysis
New Zealand's central bank raised its official cash rate and indicated more tightening is probable, citing persistent inflation risks.
New Zealand's central bank increased its benchmark interest rate by 25 basis points, indicating a continued tightening cycle.
A Reserve Bank of Australia official reiterated the central bank's commitment to inflation targets, noting potential policy responses to oil
Germany is actively replenishing strategic diesel reserves and planning a new state gas stockpile to enhance energy independence.
Gold prices eased in early Asian trading Wednesday, reacting to heightened geopolitical concerns between the United States and Iran.
Unconfirmed reports of a Strait of Hormuz shipping halt coincide with ongoing US military actions against Iranian targets, fueling market un
Escalating tensions around the Strait of Hormuz, marked by increased military action, are fueling concerns about oil supply disruptions.
US equity index futures opened lower, while oil futures advanced, following reports of US military actions targeting Iran.
Crude oil prices reversed recent declines, moving sharply higher following reports of US military strikes against Iran in response to shippi
A recent private industry survey indicated a modest crude oil inventory reduction, while gasoline and distillate figures varied against pred
Crude oil prices advanced significantly following the US Treasury's decision to revoke a key sanctions waiver for Iran.
Economists are divided on whether the Reserve Bank of New Zealand will increase its official cash rate this week, despite persistent inflati
Silver prices saw a notable decline on Tuesday, influenced by escalating geopolitical tensions in the Middle East and a shift in market sent
The US Treasury has rescinded a waiver on Iranian oil sanctions, contributing to a rally in crude oil prices and affecting other asset class
Iran claims control over Hormuz Strait traffic as maritime authorities warn of severe threat levels, pushing crude oil prices higher.
New Zealand's central bank prepares for a pivotal interest rate announcement, with market participants split on the likely outcome.
Recent events highlight global economic resilience and persistent enigmas within the oil market, challenging conventional analyses.
The US stock market shows varied performance today, with Microsoft advancing while semiconductor stocks experience a notable decline.
The Canadian Dollar remained largely stable against the US Dollar despite positive Canadian trade figures and rising oil prices.
Former President Trump commented on the Ukraine conflict, suggesting a potential for resolution, which could influence global oil prices.
Global markets remain subdued awaiting US inflation data; oil prices hold steady, while China continues to expand its gold holdings.
The Indian Rupee (INR) reversed early declines on Tuesday, gaining against the US Dollar (USD) as crude oil prices showed stability.
Crude oil futures have seen a notable short-term sentiment shift, with prices moving above a critical resistance area.
China expanded its gold holdings for the twentieth consecutive month in June 2026, reaching over 75 million troy ounces.