May 22, 2026 6:39 am
Key Moments Silver (XAG/USD) trades near $76.10 per troy ounce after two straight sessions of gains. Federal Reserve officials are shifting away from rate cut expectations and are prepared to hike if inflation does not ease. US-Iran negotiations over a potential deal and control of the Strait of Hormuz keep market participants focused on inflation […]
Read moreMay 21, 2026 2:15 pm
Key Moments Brent crude futures were up $0.40 to $105.42/bbl and WTI rose $0.50 to $98.76/bbl by 08:09 GMT on 21 May. Oil benchmarks had dropped more than 5.6% on Wednesday after comments from U.S. President Donald Trump that Iran peace talks were close to conclusion. U.S. EIA data showed a record withdrawal of roughly […]
Read moreMay 21, 2026 1:23 pm
Key Moments Soybean futures are trading from slightly higher to a penny lower after falling 4 1/4 to 12 cents on Wednesday. The cmdtyView national average cash soybean price moved down 9 1/4 cents to $11.37 3/4. Abiove raised its 2026 Brazilian soybean export and crush projections, with ending stocks now pegged at 8.25 MMT. […]
Read moreMay 21, 2026 9:59 am
Key Moments Average daily primary aluminum output declined to 197.4kt in April, according to International Aluminium Institute data. Total global monthly production fell 5.3% month-on-month and 2% year-on-year to 5.92mt, with weakness across major producing regions. Gulf region output dropped 29% MoM and 34.6% YoY to 330kt, marking its lowest level since November 2013. Overview […]
Read moreMay 21, 2026 9:37 am
Key Moments RaboResearch analysts argue the Iran War could accelerate a move away from unified oil pricing toward regionalized energy blocs. The team highlights the risk that energy flows increasingly follow geopolitically constrained supply chains tied to security pacts and currency arrangements. Rabobank frames its analysis as a scenario, not a formal forecast, emphasizing potential […]
Read moreMay 21, 2026 7:40 am
Key Moments Gold (XAU/USD) extends an intraday decline from near the $4,450 area, its lowest level since March 30. FOMC Minutes reinforce expectations for a possible Fed rate hike by 25 bps in 2026, supporting the USD near a six-week high. Uncertainty over a potential US-Iran peace deal and broader Middle East risks help limit […]
Read moreMay 21, 2026 6:37 am
Key Moments Silver extends its rebound for a second straight session, lifting XAG/USD above the mid-$76.00 area. Price action is testing the $76.75 confluence zone, where the 100-hour SMA and 23.6% Fibonacci retracement intersect. Upside targets on a confirmed breakout include the 38.2% Fibonacci level at $79.21 and the 50% level at $81.14, while key […]
Read moreMay 20, 2026 1:56 pm
Key Moments Woodside Energy CEO Liz Westcott stated that global gas markets are not fully reflecting the impact of lost LNG supply from the Middle East. Customers have been prioritizing short-term LNG procurement and looking to Woodside for contract reliability and potential additional volumes. Damage to Qatar’s Ras Laffan complex and forced majeure declarations of […]
Read moreMay 20, 2026 10:00 am
Spot Silver remained under pressure close to a 2-week low on Wednesday, weighed down by a firmer US Dollar and high Treasury yields. The US Dollar Index held close to a 6-week high. A firmer dollar makes dollar-priced Silver less appealing to international investors holding other currencies. The yield on benchmark 10-year US Treasuries remained […]
Read moreMay 20, 2026 9:54 am
Key Moments Brent crude closed at $111.28/bbl, remaining above $110 as the Strait of Hormuz stayed blocked. Investors continued to factor in a higher likelihood of imminent rate hikes amid persistent oil market tension. TTF natural gas advanced +3.12% to EUR 51.82/MWh, marking its eighth straight gain and the highest level since early April. Persistent […]
Read more