Markets
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Gold bounces off four-week low; remains vulnerable near $4,300 amid Fed hike bets
Gold attracts some follow-through selling as oil-driven inflation risks reaffirm Fed hike bets. Escalating US-Iran tensions benefit the safe-haven USD,…
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Platinum Hits 2-Week Low
Platinum futures fell below $1,740 an ounce, hitting a two-week low as rising global bond yields and a stronger US…
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Nickel Falls to Over 1-Month Low
Nickel traded around $16,600 per tonne, reaching its lowest level since early July, as ample near-term supply weighed on prices.…
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Copper Falls on Demand Concerns
Copper fell toward $6.4 per pound on Wednesday, hitting its lowest level in a month as rising oil prices and…
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Coal Hits 11-Week High
Coal prices rallied to around $145 per ton in early September, reaching their highest levels in eleven weeks amid robust…
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Global bond market sell off
Key takeaways The UK’s debt servicing bill spirals How to stabilise the bond market Budget looms for Healey and Burnham…
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Cocoa Prices Fall on Larger Supplies from the Ivory Coast
December ICE NY cocoa (CCZ26) closed down -200 (-2.95%) on Tuesday, and December ICE London cocoa #7 (CAZ26) closed down…
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Sugar Prices Rally on the Outlook for a Global Deficit
October NY world sugar #11 (SBV26) closed up +0.55 (+3.09%) on Tuesday, and October London ICE white sugar #5 (SWV26)…
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Gold Drops 1.5% – Are Precious Metals Heading Lower Again?
The rise in oil prices is putting pressure on the precious metals market today, with gold down nearly 1.5% and…
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Eurozone Inflation Comes In Below Forecasts, Unemployment Rises. EUR/USD reacts
The euro is recovering slightly after its recent losses despite unfavorable data from the euro area, where CPI inflation rose…
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