Commodities Analysis & Opinion

July CPI reading on Wednesday eagerly awaited across markets Headline inflation expected to cool, though it could surprise to the upside Oil, gold prices remain in a tight range ahead of the CPI...

As we hit the slow days of summer, here are three important issues that should be on every oil trader’s radar.1. Yesterday’s OPEC+ MeetingThe OPEC+ group met virtually on Wednesday and, as...

US gas futures face bearish pressure as output rises, summer heat wanes $8.50 could be a resistance; with a break beneath $7.50 opening the door to $6.50 Freeport stays a factor, though a faster...

Trade awaits OPEC+ output decision but US jobs report could matter more   No concession on Fed rate hikes if nonfarm payrolls remain strong Higher rates will feed dollar strength, another...

Pelosi's Taiwan trip provokes China Worries investors  Treasuries and the dollar rally siphoning demand from gold  Geopolitical tensions have risen on concerns about US House Speaker Nancy...

From Pelosi in Taiwan to plummeting dollar and yields, gold has reasons to rally Last week’s gain of 2.2% was gold’s best week in 4 months Notion of peaking Fed rate hikes could send...

First US recession since pandemic signals Fed will stop super-sized rate hikes Dollar, Treasury yields weaken, opening bullish path for gold Chartists say yellow metal must hold above $1,750 in...

Next week, on August 3, OPEC+ will meet to discuss production quotas for September and perhaps for the rest of 2022. This meeting could be of great consequence to oil markets, because OPEC+ has...

Natural gas has touched its highest level since 2008 in July, putting the commodity on track for its strongest month on record, as Russia cuts supply and the heat wave continues.However, the price...

Copper’s longer-term outlook far superior to its near-term Down 24% on the year, and 33% below March record highs Metal oversold and having one of its worst years US copper producer...

Palladium headed for first positive month in three, rising 14% from June lows Up 14% from June lows but still about 40% below March record highs Russia can squeeze palladium supply but likely...

In less than six week, oil is down 29%. Since the June 14 peak, it has almost erased all the gains since Russia's invasion of Ukraine on February 24. If anyone continues to think we are not going into...

Swings expected in oil and gold prices until Fed decision at least Powell’s take on the economy will also peruse for signs of recession US Q2 GDP on Thursday and Core PCE Inflation on...

Gold prints potential reversal candle pattern Yields drop as recession concerns mount Gold may be able to rise towards $1800 Gold is in focus today after Thursday’s bullish price action as fresh...