December 18, 2025 1:54 pm
Key Moments Australia increased its forecast for 2024-2025 resource export earnings by 4% to A$383 billion. Gold export earnings are projected to rise to A$69 billion in 2025–2026 and A$74 billion in 2026–2027. Iron ore is expected to remain Australia’s top resource export, contributing about one quarter of resource and energy export earnings over the […]
Read moreDecember 18, 2025 8:55 am
Key Moments Brent crude (BCO) slipped below $60 and WTI (CL) moved toward the mid-$50s as oversupply and weak demand drove prices to their lowest levels since early 2021. Natural gas (NG) held above its 200-day SMA after a pullback to $3.82, with key support anchored at $2.60 and resistance ahead at $4.70 and $5.50. […]
Read moreDecember 18, 2025 8:40 am
Spot Gold eased on Thursday, but remained not far from a 7 1/2-week high of $4,353.55/oz., underpinned by expectations of further policy easing by the Federal Reserve next year. Fed Governor Christopher Waller said the US central bank still had room to lower borrowing costs amid a cooling labor market and it would “absolutely” defend […]
Read moreDecember 17, 2025 2:31 pm
Key Moments Cocoa futures in New York rose 0.9% on Wednesday, marking a second straight session of gains. Citigroup Inc. reduced its global cocoa oversupply forecast by 41% to 79,000 tons for the current season. Traders monitored both the smaller projected surplus and potential index-related buying as support for prices. Market Reaction to Tighter Surplus […]
Read moreDecember 17, 2025 11:15 am
Key Moments XAG/USD stayed above $65.50 after touching a new record high at $66.64. Softer US labor data and expectations of Federal Reserve rate cuts supported precious metals.
Read moreDecember 17, 2025 8:35 am
Key Moments Global coal demand is projected to rise 0.5% in 2025, reaching a record 8.85 billion metric tons, according to the IEA’s Coal 2025 report. The IEA expects worldwide coal consumption to plateau and then gradually decline through 2030, as renewables, nuclear, and natural gas gain share. China remains the key swing factor, consuming […]
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