Oil prices remained under pressure at the start of the new trading week. Brent fell at times by more than 5% to $62.5 per barrel,…
The Gold price was unable to escape the sell-off on the commodity and financial markets and also fell significantly, Commerzbank’s commodity analyst Carsten Fritsch notes.…
A reasonably normal tariff policy would cause the dollar to appreciate. Why? Because US consumers would prefer to consume US goods instead of imported goods,…
The Federal Reserve finds itself in a tough spot as it navigates rising inflation and slowing growth. Traditional safe haven flows into the US dollar…
Oil prices came under significant pressure following US President Trump’s tariff announcements, Commerzbank’s commodity analyst Carsten Fritsch notes. Oil prices fall towards $65 per barrel…
Kazakhstan’s oil production is said to have risen to a new record level in March, Reuters reported, citing informed sources, Commerzbank’s commodity analyst Carsten Fritsch…
The eight OPEC+ countries with voluntary production cuts surprisingly announced yesterday that they would increase production by 411 thousand barrels per day in May. That…
The Silver price even slumped by more than 6% at times yesterday and slipped further today to USD 31.2 per troy ounce, Commerzbank’s commodity analyst…
The Gold price initially rose to a new record high of $3,168 per troy ounce in response to US President Trump’s tariff announcements, but then…
Thursday’s trading session saw a number of interesting moves, one of which was the upward movement in EUR/GBP. At first glance, this was a bit…