Commodities

It was another mixed session for commodities.Energy: Oil saw a notable increase in trading by more than 1% while natural gas fell by almost the same amount.Precious Metals: Gold and silver rebounded well while platinum traded down more than…

Breadcrumb linksBMN BusinessRising food and energy prices are frustrating the Federal Reserve's efforts to combat inflation.Article writer:Bloomberg NewsBloomberg NewsPublished May 30, 2024 • 7 minutes read You can save this…

Partner Content A brief history of world currencies: Commodities that define a civilisation Thursday February 29 2024 Currencies have existed for thousands of years and they will continue to exert an influence upon our culture well…

© Reuters. The dollar showed signs of weakness today, with the pair falling from a high of 148.70 in Asia to a low of 148.10 in Europe, even as U.S. Treasury yields edged up nearly four basis points to 4.480%. This divergence…

Photo by ANGELOS TZORTZINIS/AFP via Getty ImagesJPMorgan is overweight commodities outside of gold, given weak positions and geopolitical risk.Concerns with US Treasury supply have not been resolved by recent developments, it…

Global stock markets experienced a decline due to increased volatility resulting from escalating tensions in the Middle East, compounded by Fed Powell’s statement…

Oil prices as well as gold benefited from a spike in risk aversion prompted by the escalating conflict in the Middle East. Gas prices also spiked as investors weigh the risk of widening geopolitical tensions. Oil prices…

On July 12, an amended crypto bill will be introduced by Sens. Cynthia Loomis and Kirsten Gillibrand. The amended “Responsible Financial Innovation Act” aims to classify most crypto assets as commodities, similar to gold.…

Commodities analysts at Goldman Sachs say its forecast for major rally this year has turned out to be wrong. We were wrong in forecasting the pricesKudos to these people for admitting that. They say:Prices continue to move against our…

DXY dailyI spoke with Dale Pinkert of Forex Analytix earlier today about the Fed's monetary policy, inflation and market outlook.We first talked about the economic and social climate in South Africa because I was there last week and delved…