May 4, 2026 7:34 am
Key Moments WTI futures traded down 0.28% at $101.65 per barrel, while Brent eased 0.06% to $108.10. President Trump announced “Project Freedom” to assist vessels transiting the Strait of Hormuz, a plan Iran has rejected. The S&P 500 rose 0.3% to a record 7,230.12, supported by strong corporate earnings led by Apple. Oil Prices Edge […]
Read moreMay 4, 2026 6:23 am
Key Moments Gold trades lower in early Asian dealings but continues to hold above the $4,600 level. Rising inflation concerns and more hawkish central bank expectations pressure XAU/USD and support the US Dollar. Technical signals point to persistent downside bias, with $4,600 seen as a key level for confirming further weakness. Gold Pressured by Policy […]
Read moreMay 4, 2026 5:51 am
Key Moments XAG/USD trades around $75.40 per troy ounce after opening higher, giving back part of its initial gap-up advance.
Read moreMay 4, 2026 5:41 am
Key Moments WTI bounced from a gap-down open near $96.45; however, it still trades over 1% lower, just above the mid-$98.00s. Meanwhile, rising Iran-related risks in the Strait of Hormuz and stalled US-Iran talks continue to support crude prices. However, OPEC+ approved a 188,000 barrels-per-day output increase for June, while a stronger US Dollar limits […]
Read moreApril 30, 2026 11:20 am
Key Moments Nickel prices climbed from USD14,110 per tonne in mid-December to USD18,725 per tonne on January 29, before stabilizing in a USD16,280-17,490 per tonne range into April 10. A new Indonesian nickel ore benchmark price formula and disruption to sulphur shipments from the Middle East have significantly increased cost pressures on nickel refiners. The […]
Read moreApril 30, 2026 11:02 am
Key Moments Brent crude for June delivery jumped 3.3 per cent to $121.90 after briefly trading above $126 per barrel. The U.S. dollar retreated to 160.02 Japanese yen after touching its strongest level in nearly two years earlier in the day. European equities were mixed and most major Asian indexes declined as the Iran war […]
Read moreApril 30, 2026 9:47 am
Key Moments The Malaysian rubber market ended lower as regional rubber futures traded weaker. Sentiment was pressured by the United States Federal Reserve’s hawkish policy outlook and caution on inflation risks. Losses were partially limited by firmer crude oil prices, with Brent crude up 2.75 per cent to US$121.3 per barrel at the time of […]
Read moreApril 30, 2026 8:59 am
Key Moments Copper has been trading close to recent highs, with demand supported by pre-holiday restocking in China ahead of Labour Day. Renewed buying interest following a recent pullback has offered near-term price support despite macro and geopolitical uncertainty. Stricter Chinese invoicing rules and war-related supply constraints, including sulphur availability, are influencing the short-term copper […]
Read moreApril 30, 2026 7:17 am
Key Moments XAG/USD rises 1.5% to around $72.35 in European trade after hitting a three-week low of $70.86 on Wednesday.
Read moreApril 30, 2026 6:22 am
Key Moments West Texas Intermediate trades around $105.70 per barrel in Asian hours, rising for a fourth straight session. U.S. crude inventories drop by 6.233 million barrels as exports surpass 6 million barrels per day, signaling tighter supply. Heightened Middle East tensions spur renewed interest in Canada’s oil and gas sector, highlighted by Shell’s $16.4 […]
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