In precious metals, exchange-traded funds (ETFs) added 23 tonnes of Gold in the last trading session, the biggest one-day increase since 2022, ING’s commodity analysts…
Copper futures on Comex surged to a record high, ING’s commodity analysts Warren Patterson and Ewa Manthey note. Copper prices benefited from the front-running of…
Oil prices slid after Russia and Ukraine agreed to a maritime ceasefire. The move, though, was short-lived with crude oil prices trading higher in early…
After a violent first half of the month, the EUR/USD market is calming down. One-month traded volatility has fallen to 7% from 9%, and one…
UK Chancellor, Rachel Reeves, delivers her 30-minute Spring Statement at 13CET. The crux of the story is how she will likely cut spending for the…
Hopes Donald Trump’s next round of tariffs, due to be announced on 2 April , could be more measured supported industrial metals prices at the…
The big difference between this year’s decline in USD/JPY and that seen last July and August is positioning. Last year’s Japanese Yen (JPY) rally was…
Monday’s PMIs surprised on the upside in the US while jumping less than expected in the euro area, helping the euro-heavy DXY index find support…
Oil prices rose yesterday after President Trump announced 25% US tariffs on any country buying Venezuelan oil, ING’s commodity experts Ewa Manthey and Warren Patterson…
The US Dollar (USD) found some support last week after a very weak start to March. The Federal Reserve’s reiterated cautiousness on rate cuts has…