Commodities: all news & analysis

Explore our extensive commodities news, which unveils critical insights into price movements, trends, and expert forecasts in the raw materials market. By examining price actions and understanding the factors influencing commodity values, understand current market dynamics. This page is designed to boost your research on historical trends, identify seasonal patterns, and sharpen your trading strategies across sectors such as energy, metals, and agriculture. Equip yourself with the knowledge necessary to enhance your understanding of the commodities landscape and elevate your trading decisions.

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Markets Weekly Outlook - PMI Data and Increased Liquidity to Drive Markets

US equities experience volatility amid tech and growth stock fluctuations, ending the Santa Rally week with marginal gains. Japanese Yen strengthens due to expected Bank of Japan policy changes, while US Dollar continues its advance. Key data releases next week include Chinese PMI data and US manufacturing PMI, with market focus on potential economic recovery signs in China and continued US resilience.

27-12-2024 13:21 GMT by Zain Vawda

Gold (XAU/USD) Technical Analysis: Bullish Structure Emerges

Gold prices start the week lower as the US Dollar strengthens due to averted government shutdown and expectations of a stronger dollar in 2025. Gold's safe haven appeal may be tested by geopolitical risks in Syria and the ongoing Russia-Ukraine conflict. Technical analysis suggests a bullish structure for Gold on a four-hour timeframe, with a potential for further upside if the "Golden Ratio" price level holds.

23-12-2024 11:47 GMT by Zain Vawda

Markets Weekly Outlook - S&P 500 in Focus as Markets Brace for Holiday Lull

The Federal Reserve's policy change and economic projections have significantly impacted markets, leading to a rise in US yields. The US PCE data released on Friday rose less than expected, alleviating some selling pressure on US equities. The Bank of Japan held rates steady, defying expectations of a rate cut, while the risk of a U.S. government shutdown increased. The upcoming week is expected to have thin liquidity and range-bound trade due to the Christmas holiday and a bank holiday in the U

20-12-2024 12:26 GMT by Zain Vawda

Brent Crude Oil Prices Toil as Market Awaits Fed Decision. Range Trading Ahead?

Oil prices rose due to lower-than-expected US crude oil stockpiles, but demand concerns remain. OPEC+ is worried about a potential increase in US oil output under a Trump presidency. From a technical perspective, oil prices are range-bound, and range trading might remain in play heading into 2025. Most Read: USD/JPY rises ahead of BoJ meeting Oil prices arrested a two day s;ump today to trade around 1% higher heading into the FOMC meeting.

18-12-2024 13:02 GMT by Zain Vawda

Gold (XAU/USD) Traders Await Fed Meeting: Will Prices Rally or Fall?

Gold prices have dropped due to increased US Treasury yields, profit-taking, and the anticipation of a less dovish Fed outlook for 2025. The upcoming Fed meeting and its economic projections, especially regarding rate cuts, will significantly impact gold prices. India's gold imports are expected to decline in December due to a lack of festivals and rising gold prices.

17-12-2024 11:44 GMT by Zain Vawda

Gold Technical: A less dovish Fed may reinforce a medium-term corrective decline

The proposed policies of Trumponomics 2.0 may ignite a further uptick in inflationary expectations in the US. Market-transacted inflationary expectations gauge, the 5-year and 10-year US breakeven inflation rates have been trending higher since September 2024. The Fed may switch its current dovish monetary policy to a “wait and see” pivot stance on 18 December FOMC. Watch the US$2,716 key medium-term resistance on Gold (XAU/USD).

16-12-2024 05:38 GMT by Kelvin Wong

Markets Weekly Outlook - Will Fed Rate Cut and BoJ Decision Spur Volatility?

Markets had a volatile week, with US 100 (Nasdaq 100) reaching new highs and a strong likelihood of a Fed rate cut next week. Major central bank meetings dominate the week ahead. The BoJ faces a tough decision on whether to raise interest rates, with recent data supporting a hike. The US Dollar Index (DXY) is at a crucial resistance level, and its performance may be influenced by the Fed's interest rate decision and outlook.

13-12-2024 11:42 GMT by Zain Vawda

Brent Crude - Oil Prices Rise Despite Largest OPEC Forecast Cuts of 2024

Oil prices rose despite OPEC downgrading its 2024 and 2025 global oil demand growth forecasts. The downgrade is attributed to China's slower demand and the rise of electric vehicles. The EU and US are considering further sanctions on Russia's oil trade, underpinning prices. Most Read: USD/CHF edges up ahead of SNB rate decision Oil prices continued its steady move higher on Wednesday, up around 1.27% at the time of writing.

11-12-2024 12:27 GMT by Zain Vawda

Gold (XAU/USD) Eyes $2,700 as Fed Rate Cut Looms, Geopolitics in Focus

Gold prices are being supported by a shift in Chinese monetary policy, and geopolitical developments. China has resumed gold purchases after a six-month pause. From a technical perspective, gold is currently caught between support at $2650 and resistance at $2700. A break above $2700 could signal further upside potential.

10-12-2024 05:39 GMT by Zain Vawda

Markets Weekly Outlook - Central Bank Focus as US Inflation Looms

US Jobs report all but confirms a December rate cut, with markets pricing in an 80% probability. Nasdaq nears 22,000 as US equities continue their strong performance, with the S&P 500 also hitting record highs. Global markets await US CPI and ECB decisions, with expectations of a 25 bps rate cut from the ECB. Focus for the week ahead includes US CPI, ECB decision, and Chinese inflation data. Read More: EUR/USD: Additional accommodative monetary policy guidance from the ECB may be forthcoming We

06-12-2024 15:00 GMT by Zain Vawda

US Jobs Report Preview: Implications for DXY and Gold (XAU/USD)

US jobs report (NFP) is highly anticipated, with market expectations for a 200k payroll figure. The unemployment rate is also a key focus, with a potential slight uptick to 4.2%. A print in line with expectations could lead to short-lived US Dollar reactions. Gold prices are currently range-bound between $2600-$2660, with the 2655-2660 zone being a key resistance area. Goldman analyst forecasts and impacts of the NFP report.

06-12-2024 01:05 GMT by Zain Vawda

Markets Weekly Outlook - US Dollar's Fate Hinges on NFP as Fed Rate Cut Looms

US equities finished strong, driven by tech and retail stocks, with the S&P 500 reaching record highs. The US dollar weakened due to increased expectations of a December rate cut by the Federal Reserve. The upcoming week's focus is on US jobs data, which could impact the Fed's decision and the US dollar's performance.

29-11-2024 13:35 GMT by Zain Vawda

S&P 500 Eyes Fresh All-Time Highs Despite Trump Tariff Threats. 6500 by Year End?

President-elect Trump announced plans for tariffs on goods from Canada, Mexico, and China. Despite tariff concerns, the S&P 500 continues to climb, with economists predicting it could reach 6500 by year-end. The S&P 500 has historically performed well in December during election years, adding weight to the possibility of a "Santa Rally."

26-11-2024 13:23 GMT by Zain Vawda

Brent Crude - Oil Eyes Recovery as OPEC + Deliberate Oil Cut Rollover

Oil prices rose in early European trade following a drop on Monday. OPEC+ is set to meet on December 1st to discuss a potential oil cut rollover into 2025. Technically, Brent Crude has been in a tight range, with key support and resistance levels identified. Most Read: Gold’s (XAU/USD) Sharp Drop: Ceasefire Optimism and Bessent’s Impact on Markets

26-11-2024 05:22 GMT by Zain Vawda

Gold's (XAU/USD) Sharp Drop: Ceasefire Optimism and Bessent's Impact on Markets

Gold prices experience significant drop due to hopes of a Lebanon-Israel ceasefire and the announcement of Scott Bessent as US Treasury Secretary. US Treasury yields fall and the dollar weakens in response to Bessent's expected policies. Technical analysis indicates a bearish trend for gold in the short term, with potential support and resistance levels identified.

25-11-2024 16:26 GMT by Zain Vawda

Markets Weekly Outlook - Inflation Data & Geopolitics to Dominate

Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market uncertainty. Upcoming PCE inflation data will influence Fed policy and market sentiment. Read More: Gold Price Analysis: Is the $2,600 Breakout a Bullish Signal or a Temporary Retracement? Week in Review: DXY Continues Advance, as EU and UK Growth Struggles Continue Europe and the UK are the biggest losers t

22-11-2024 12:24 GMT by Zain Vawda

Gold Price Analysis: Is the $2,600 Breakout a Bullish Signal or a Temporary Retracement?

The bullish rally in gold is fueled by concerns over the Russia-Ukraine conflict stirring safe haven demand. Market sentiment is torn between the prospect of fewer Fed rate cuts in 2025 and rising geopolitical risks Goldman Sachs analysts predict gold will set new records by the end of 2025, further bolstering bullish sentiment.

19-11-2024 05:16 GMT by Zain Vawda

Markets Weekly Outlook - PMI Data, UK Inflation and the Soft Landing Conundrum

US Dollar Index rally continues and the impact of a strong US dollar on global markets. Examining upcoming PMI data from the Euro Area and UK CPI figures, and their potential market implications. Assessing the likelihood of further rate cuts by the Federal Reserve and the Bank of England. Providing insights on market trends and potential volatility in the coming week.

15-11-2024 12:44 GMT by Zain Vawda

Gold Technical: Medium-term uptrend damaged, spooked by rapid rise in 10-year US Treasury yield

Trump Trade of a stronger US dollar and rapidly rising longer-term US Treasury yields have triggered a negative feedback loop into Gold (XAU/USD) The longer-term positive aspect of Gold as a hedge and safe haven asset play to counter a potential wider US federal budget deficit will now take a backseat. Watch the US$2,484/US$415 support on Gold (XAU/USD)

14-11-2024 06:53 GMT by Kelvin Wong

USD/CAD Outlook: 1.4000 Remains Elusive as US CPI Fails to Inspire Breakout

USD/CAD surges as oil prices decline and US Dollar rises. Market anticipates less rate cuts in 2025 due to Trump's return, impacting interest rate differentials. Potential US tariffs add headwinds for the Canadian Dollar. Most Read: Brent Oil Prices Steady Despite OPEC Demand Forecast Cut. Where to Next? USD/CAD has been on a tear since the back end of September, rising some 550 pips over the past 6 weeks.

13-11-2024 09:22 GMT by Zain Vawda

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