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…
Daily Markets Broadcast 2018-11-08
Daily Markets Broadcast 2018-11-08 Wall Street advances after midterm elections concluded US indices rose Wednesday after the Democrats gained control…
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: Gold set for first monthly gain in seven
Gold shines in the commodity space while silver and copper lag behind. Energy commodities are softer while the agriculture sector…
China shares lead the way upwards, again
Risk appetite stirred by equity gains Chinese equities caught a bid today in today’s Asian session after the negative…
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.…