Commodities News
- James Hyerczyk
Investors will be looking for clues in President Trump’s State of the Union speech on a number of matters, but crude oil traders will be listening for positive comments about U.S.-China trade talks. Expect a bullish reaction by crude oil traders if Trump sounds optimistic about the progress of a
- Colin First
Gold trades positive on safe-haven demand from European market amid holiday thin market
- Colin First
Risk appetite in equity and forex markets and positive US dollar in the broad market caused precious metals to decline in broad market.
- Colin First
Precious metals hold steady near multi-month highs hit earlier this week despite seeing some declines on increased risk appetite in broad market.
- Colin First
Gold traders near 8-month highs on weak US dollar in broad market as investors await Sino-U.S. trade talk related headlines for directional cues.
- Colin First
Gold hits 8-month highs as brexit chaos boosts demand for safe-haven assets in the broad market ahead of US FOMC update and Sino-U.S. trade talks.
- Colin First
Precious metals hit multi-month high and have managed to sustain rally near the said level as escalating tension surrounding Sino-U.S. Trade talks and caution ahead of event-filled week underpins demand for safe-haven assets.
- Colin First
Risk-averse trading activity ahead of key political events has helped yellow metal hit one-month highs.
- James Hyerczyk
Gold futures soared in reaction to a steep drop in the U.S. Dollar. Natural gas futures closed higher amid forecasts for another Arctic blast over the week-end and into the end of January. U.S. West Texas Intermediate and international-benchmark Brent crude oil futures closed higher amid worries over a supply
- Colin First
Gold gains positive price action on safe-haven demand ahead of event-filled week and bulls are further supported by weak USD over prolonger US government’s partial shutdown.
- Colin First
Precious metals see slight downtrend price action over renewed risk appetite but broad-based USD weakness helped limit downside price action.
- Colin First
Demand for safe-haven assets is expected to remain steady across the week owing to investors caution surrounding Sino-U.S. trade talk proceedings and global growth worries.
- Colin First
Precious metals trade positive on increased safe-haven demand as US Dollar failed to make sharp gains owing to bearish pressure from U.S. political woes and dovish Fed stance.
- Colin First
Gold continues to trade positive supported by steady demand from European markets as investors remain cautious over ongoing political debacle and Brexit proceedings.
- James Hyerczyk
U.S. West Texas Intermediate and international-benchmark Brent crude oil hit their highest levels since December 7 on Friday, led by another day of stock market gains, and a report that China has offered a plan to erase its trade surplus with the United States. The news about China drove up
- Colin First
Gold managed to retain foothold above $1280 handle but faced sharp losses as renewed risk appetite in the broad market on hopes of a positive outcome in Sino-U.S trade talks.
- Colin First
Safe haven demand sustains gold bulls as headlines continues to inspires risk averse trading activity in major global markets.
- Colin First
Proceedings in UK surrounding brexit and PM may continue to inspire caution in already weak European market plagues by political and economic woes which underpin demand for safe haven asset.
- James Hyerczyk
The upside momentum from Friday’s change in trend and Monday’s gap higher opening has driven the March Natural Gas futures contract into a key 50% to 61.8% retracement at $3.215 to $3.320. This is the first objective.
- Colin First
Risk off trading activity in global equity markets boost demand for yellow metal, while crude oil also declines on cues which affected global equity markets.