The International Energy Agency published a report on investments in the energy sector yesterday, Commerzbank’s commodity analyst Carsten Fritsch notes. US shale Oil production is…
Today is that time again – Payroll Friday. The first Friday of the month when, as is traditional, the US labor market report is published.…
As expected, the ECB lowered its interest rates by another 25 basis points to 2.0% yesterday. However, the exchange rate only really started to move…
The Central Bank of Russia’s (CBR) had been expected to hold its key rate steady at today’s meeting. This had been a majority view among…
US President Trump’s announcement last Friday that US tariffs on Steel and Aluminum imports would be increased from 25% to 50% — with the higher…
Data published last week by the Swiss customs authority on Gold exports and the Hong Kong Statistics Department on Gold trade between Hong Kong and…
Another aspect of the Swiss Gold export data is worth mentioning: Gold shipments to the US slumped to 12.7 tons in April, while at the…
The reason for the significant strengthening of the US Dollar (USD) in September, when Donald Trump’s second term in office was approaching, was obvious. It…
The eight OPEC+ countries with voluntary production cuts decided at the weekend to increase Oil production by 411 thousand barrels per day in July. This…
US President Donald Trump seems to enjoy keeping people on their toes with his social media announcements every Friday. After causing turmoil the previous week…