Commodities Analysis & Opinion

Starbucks’ sales roar while the raw price of arabica coffee plummets The disconnect is in production of cocoa beans, which is above need Technicals suggest arabica could go to as low as $1.77...

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...

Crude prices will depend on OPEC meeting vs. U.S. jobs data/Fed rate hike Gold will take a cue from dollar/yields ahead of the July jobs report due Friday Minneapolis Fed’s Kashkari says market...

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...

Pre-contract expiry squeeze sends Henry Hub gas over $9, before retreat  Russia slashing gas delivery to Europe heightens demand for US LNG  Rally in US natural gas may have some way to...

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...