The Chinese central bank PBoC continued to buy Gold in April for the sixth month in a row, Commerzbank’s commodity analyst Carsten Fritsch notes. PBoC…
Trade data from China also supports the impression of continued strong demand for Copper in the most important market for the metal, which is essential…
The price of gold fell below $3,300 per troy ounce overnight, after it rose above the $3,400 mark on Tuesday, marking its highest level since…
Kazakhstan continues to produce significantly more oil than agreed and apparently has no plans to reduce production in May, Commerzbank’s commodity analyst Carsten Fritsch notes.…
Data on wage developments in March was published in Japan this morning, and was rather disappointing overall once again, Commerzbank’s FX analyst Volkmar Baur notes.…
Yesterday afternoon, Donald Trump finally presented his first trade deal with the United Kingdom in the Oval Office. However, despite all the fanfare, it must…
It was probably only a matter of time before reports began to emerge that Chinese companies were trying to reroute their goods through other Asian countries…
Yesterday saw the next round of poor sentiment indicators from the US. According to the Conference Board, US consumer confidence fell to its lowest level…
While we enjoy the bank holiday tomorrow morning, the Bank of Japan will be holding its May monetary policy meeting. Having raised its key interest…
The official purchasing managers’ indices for the Chinese economy were published this morning, revealing the first signs of the impact of the prohibitive US tariffs.…