As if the prospect of renewed conflict with China were not enough, Donald Trump announced on Friday that he would double tariffs on steel and…
Yesterday’s weekly US inventory report halted the slide on the oil market, Commerzbank’s commodity analyst Barbara Lambrecht notes. US crude stocks drop, gap to 5-year…
According to figures published on Wednesday, the number of certificates in circulation (TNAC) at the end of 2024 stood at 1.148 billion, which was actually…
The dominance of the US Dollar (USD) is based on its use in cross-border transactions by third countries – i.e. its use as a so-called…
China’s Gold imports from Hong Kong rose to almost 59 tons in April, nearly three times as much as in March and as high as…
Gold is in high demand as a safe haven. This is all the more true these days, as other supposed safe havens, such as the…
Early tomorrow morning (European time), the Reserve Bank of New Zealand (RBNZ) will announce its decision on interest rates. All of the economists surveyed by…
As if to keep us on our toes on an otherwise uneventful Friday, Donald Trump followed up his threat of tariffs on smartphones by announcing…
In recent weeks, the Pound Sterling (GBP) has recovered significantly against the euro, with the exchange rate now standing at around 0.84 instead of 0.87.…
The price of Platinum rose significantly this week, as did the price of Palladium, Commerzbank’s commodity analyst Carsten Fritsch notes. Platinum and Palladium are exceptionally…