May 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 […]
Read moreApril 30, 2026 5:45 am
Key Moments Gold (XAU/USD) posts modest gains after touching a fresh monthly low, while upside momentum remains subdued. Hawkish-leaning Federal Reserve expectations and elevated crude oil prices support the US Dollar and inflation concerns. US-Iran tensions and comments from US President Donald Trump continue to underpin the Greenback and limit gold’s recovery. Gold Holds Mild […]
Read moreApril 29, 2026 1:30 pm
Key Moments Silver traded at $72.43 per ounce at 8:45 a.m. Eastern Time, down $1.03 from the same time yesterday. The metal has climbed from $32.94 per ounce one year ago, a gain of more than $39 and +119.88% year over year. Despite its long-run underperformance versus stocks since 1921, silver is highlighted for its […]
Read moreApril 29, 2026 7:39 am
Key Moments XAU/USD is trading below the $4,600 level and is hovering near a three-week low ahead of the FOMC policy decision. Uncertainty over US-Iran peace talks is supporting the US Dollar. As a result, Gold remains under pressure. Technically, Gold is still weak below the $4,670–$4,665 zone and the 200-hour EMA. Bears are now […]
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