Latest commodities news and market analysis
ASB predicts the Reserve Bank of New Zealand will maintain its OCR at 2.25% in July, contrasting many analysts anticipating a hike.
Hong Kong's pension regulator plans to relax investment guidelines for gold ETFs, aiming to bolster the city's role as a regional gold hub.
OECD oil stocks hit a multi-decade low, yet market dynamics and geopolitical factors suggest a complex path for future price movements.
The New Zealand Dollar saw a decline, reversing recent gains, influenced by a drop in commodity prices and varied economic forecasts.
New Zealand's ANZ World Commodity Price Index saw a modest rise in May, driven by significant year-on-year gains in wool and aluminium.
Major financial institutions hold varied outlooks for gold, weighing central bank purchases against interest rate and dollar strength.
Samsung Electronics anticipates an 18-fold increase in Q2 operating profit, reaching a record 86 trillion won, fueled by strong AI memory de
Indian stocks are attracting investor interest as a potential hedge against volatility in global markets driven by the AI technology boom.
Iran is engaging with Japanese entities regarding potential oil sales, marking a shift from its reliance on Chinese buyers, though immediate
Iran's envoy indicates special fee terms for China and other allies at the Strait of Hormuz, amidst ongoing international negotiations.
A recent attack on a cargo vessel in the Red Sea has prompted renewed scrutiny of shipping safety and insurance costs in the region.
OPEC+ has approved another oil production increase for August, as the market transitions from supply concerns to potential oversupply fears.
New Zealand's central bank is widely anticipated to increase its benchmark interest rate to 2.50% this week, addressing ongoing inflation pr
Prediction market platform Kalshi is navigating a complex legal landscape across the US, encountering varied rulings impacting its operation
Vantage has launched 24/7 trading for its Gold CFD product, XAUUSD247, providing continuous access to the precious metal market.
Silver (XAG/USD) prices have shown renewed strength, extending weekly gains and reaching an eight-day high as the US Dollar faces downward p
Gold prices moved higher on Friday after a weaker-than-anticipated US jobs report led investors to temper expectations for aggressive Federa
Bank of England Governor Andrew Bailey stated inflation would meet targets absent the Ukraine conflict, as the bank balances price stability
West Texas Intermediate crude oil advanced Friday, supported by weaker US employment figures and ongoing geopolitical tensions in the Middle
General Mills observes US consumers remain under financial pressure, influencing purchasing habits, with no anticipated improvement.
Gold prices are set for their first weekly gain in five, supported by a weaker US dollar and adjusted Federal Reserve rate hike forecasts.
Gold prices have seen an upward movement, building on recent momentum from a softer US dollar and indications of renewed buying interest.
Market expectations for interest rate adjustments have softened globally, influenced by declining oil prices and recent inflation data.
The Euro's recent gains against the US Dollar appear to be losing momentum, with market participants questioning further ECB rate hikes.