Commodities Weekly: Oil stays soft despite OPEC supply plans
Oil prices struggled to gain a foothold despite OPEC plans to cut production. Metals suffered following the reiterated hawkish…
Commodities Weekly: Oil near 7-month lows on Iran waivers
Commodity markets are being influenced by the US dollar’s direction as the results of the US midterm elections unfold.…
Commodities Weekly: Oil at five-week low on uncertain demand outlook
Weaker-than-expected China growth in the third quarter has raised questions about the global demand outlook, with most commodities adopting a…
Commodities Weekly: Gold at 2-1/2 month high as safe haven status reborn
Precious metals are on the rebound as the US dollar goes in to pause mode after recent gains, while base…
Commodities Weekly: Sugar has biggest one-week rally in almost two years
Soft commodities are mostly enjoying a revival from multi-month lows as weather-related issues raise supply concerns. Weather is also affecting…
Commodities Weekly: Short gold positions increase as prices drop
Gold is under the cosh from the dollar’s resurgence while oil prices surge due to the usual supply concerns. Most…
Commodities Weekly: Palladium up for seventh session as bullish bets rise
Precious metals PALLADIUM continues to be preferred by speculative investors, with net long positions reaching their highest since July 10.…
Commodities Weekly: Copper nears 15-month low as fresh tariffs announced
The commodity space has generally struggled today amid escalations in the US-China trade war. US President Trump announced a 10%…
Commodities Weekly: Gold short bets at highest in 17 years
The dollar’s resurgence on safe haven buying after more Trump rhetoric on tariffs and firmer US yields on the back…
Commodities Weekly: Gold below $1,200 as Turkey tremors boost dollar
Many commodities are falling victim to the dollar’s strength as risk-aversion trades gain popularity. Most agricultural assets are suffering from…