August 11, 2026 12:53 pm
Key Moments Spot gold briefly touched $4,434.84 per ounce, its highest level since June 5, before easing back. Traders are watching the July U.S. CPI release at 8:30 a.m. ET on Wednesday for clues on Federal Reserve policy and the next move in XAU/USD. Key upside levels stand at $4,485 and $4,540, while a drop […]
Read moreAugust 11, 2026 10:09 am
Key Moments Aluminum revenue climbed 49 per cent to USD 1.01 billion in Q2 2026, driving a 16 per cent increase in Maaden’s total revenue to USD 2.9 billion. Group EBITDA for the quarter ended June 30, 2026 rose to USD 1 billion, while net profit attributable to shareholders reached USD 600 million. Phosphate EBITDA […]
Read moreAugust 11, 2026 9:51 am
Key Moments Dutch front-month gas futures rose as high as 61.80 euros per megawatt-hour, extending a sharp two-day rally. EU gas storage entered mid-August at just under 57% of capacity, far below the five-year average of roughly 71%. Prolonged disruptions around the Strait of Hormuz kept LNG flows constrained, stoking competition between Europe and Asia […]
Read moreAugust 11, 2026 8:55 am
Key Moments ING analysts report firmer oil prices as optimism over a potential US-Iran agreement fades, keeping supply risks elevated. Crude continues to transit the Strait of Hormuz despite ongoing disruptions, highlighting the market’s capacity to sustain flows. Middle East tensions and constrained refined product inventories are seen skewing oil price risks to the upside […]
Read moreAugust 11, 2026 6:39 am
Key Moments XAG/USD trades around $66.00 per troy ounce in Asian dealings after a two-day advance stalled. Rising oil prices and higher Treasury yields intensify expectations for a potential Fed rate hike. Chinese silver-bearing ore imports jumped 62.5% year-over-year in June to 219,000 tonnes, underscoring firm physical demand. Market Overview Silver prices (XAG/USD) are giving […]
Read moreAugust 11, 2026 6:30 am
Key Moments WTI trades around $81.40 after gaining over 6.5% in the prior session during Asian hours on Tuesday. Fresh US compensation demands on Tehran have reduced expectations for a near-term US-Iran peace agreement and reopening of the Strait of Hormuz. TD Securities notes that a “Hormuz deal remains elusive,” supporting a constructive tone in […]
Read moreAugust 10, 2026 1:55 pm
Key Moments Winter wheat futures began Monday with double-digit gains, extending strength across Chicago, Kansas City, and Minneapolis contracts. Managed money increased its net short in CBT wheat futures and options to 23,786 contracts in the week ending August 4, while trimming its KC wheat net long to 33,094 contracts. Analysts surveyed by Reuters anticipated […]
Read moreAugust 10, 2026 1:51 pm
Key Moments Corn futures were trading 2 to 3 cents higher early Monday after ending Friday’s session steady to slightly firmer. USDA reported a 286,097 MT private corn sale to Mexico on Friday, spanning the 2026/27 and 2027/28 marketing years. Analysts in a Reuters survey projected U.S. corn yield at 182.4 bushels per acre, with […]
Read moreAugust 10, 2026 1:44 pm
Key Moments Front-month live cattle futures advanced by 35 to 50 cents on Friday, while feeder cattle contracts surged $2.95 to $3.65 on the day. The CME Feeder Cattle Index climbed $4.43 on August 6 to $357.36, with cash trade last week reported at $235 live and $370 dressed in the North. USDA estimated federally […]
Read moreAugust 10, 2026 12:16 pm
Key Moments Societe Generale highlights that copper trading has become heavily influenced by U.S. Section 232 tariffs, reshaping the COMEX-LME arbitrage. The bank identifies a structurally wider premium for COMEX copper, with the spread mean-reverting toward roughly $33/mt over the long term. Market-implied probabilities signal a 14.6% chance of a 15% U.S. refined copper tariff […]
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