As expected, the Reserve Bank of New Zealand cut its key interest rate by 25 basis points to 3.5% this morning. After the RBNZ had…
At a virtual meeting of the Joint Ministerial Monitoring Committee (JMMC) of the OPEC+ oil ministers at the weekend, the only thing that was apparently…
The Copper price was one of the biggest losers among base metals since 2 April, starting the week by falling by more than 15%, Commerzbank’s…
Silver was hit even harder, losing a good 7% on Friday and plummeting to a 7-month low of USD 28.3 per troy ounce yesterday, Commerzbank’s…
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…