April 16, 2026 6:00 am
Key Moments WTI trades just under $88.00, down about 0.40%. As a result, it extends a three-day losing streak despite rebounding from sub-$85.00 levels. Meanwhile, expectations for a prolonged US-Iran ceasefire continue to weigh on crude prices and dampen follow-through buying. However, heightened risks around the Strait of Hormuz and a US naval blockade of […]
Read moreApril 15, 2026 1:35 pm
Key Moments CME lithium carbonate futures trading reached 3,473 lots by Friday April 10, surpassing the previous monthly record of 2,373 lots set in March 2026. Daily trading volume hit an all-time high of 1,600 lots on April 2, with 1,404 lots on April 10 now ranking as the second-largest daily total. The forward curve […]
Read moreApril 15, 2026 1:25 pm
Key Moments ING strategist Michiel Tukker highlights that swings of $10 in Oil prices have been driving rapid shifts of about 25bp in implied central bank rate hikes. Market pricing currently reflects a full 25bp of hikes for the ECB by June, with at least one additional increase anticipated by year-end. Heightened Oil volatility is […]
Read moreApril 15, 2026 10:22 am
Spot Silver pulled back from a one-month peak on Wednesday, in unison with Gold, as optimism over another round of peace talks between the US and Iran boosted risk sentiment. US President Donald Trump said yesterday that negotiations to end the Iran war could resume in Pakistan over the next two days after weekend talks […]
Read moreApril 15, 2026 9:36 am
Key Moments LME aluminium cash bid and offer prices declined overnight but remained above USD 3,600 per tonne on April 14. The LME aluminium 3-month reference price fell to USD 3,563 per tonne, a drop of USD 44.54 per tonne or 1.23 per cent. LME aluminium opening stocks slipped below 400,000 tonnes, with ongoing supply […]
Read moreApril 15, 2026 8:01 am
Key Moments WTI crude climbed about $4 in the Asian session, recovering prior daily losses and trading near $89.00. Prices had fallen nearly 8% over the previous two days, briefly touching a three-week low at $84.86 earlier on Tuesday. Technical support around $84.50 has been containing downside pressure, while resistance levels remain well above the […]
Read moreApril 15, 2026 7:58 am
Spot Gold pulled back from a one-month high on Wednesday, but remained above the $4,800 mark, as optimism over another round of peace talks between the US and Iran boosted risk sentiment. US President Donald Trump said yesterday that negotiations to end the Iran war could resume in Pakistan over the next two days after […]
Read moreApril 15, 2026 7:54 am
Key Moments Brent Oil fell nearly 5%, erasing the prior session’s advance amid renewed expectations for a second round of US-Iran negotiations. Despite the latest pullback, Brent remained 31% higher than at the start of the war and 56% higher year-to-date. The IMF’s baseline projection still assumes an average Brent price of USD82 in 2026, […]
Read moreApril 15, 2026 6:07 am
Key Moments Silver climbed to a nearly one-month intraday high above $81.00 during the Asian session before easing back toward $80.00. The overnight move above the 200-period SMA and the 50.0% Fibonacci retracement of the March decline has reinforced the bullish technical outlook. Key support is seen from $78.66 down to $69.37, with the broader […]
Read moreApril 15, 2026 6:05 am
Key Moments Gold (XAU/USD) retreated from an intraday four-week high to trade near $4,815 as the US Dollar recovered from its lowest level since early March. Geopolitical risks around Iran and the Strait of Hormuz, alongside fading expectations of a Federal Reserve rate hike, limited the scope of the USD rebound and cushioned gold’s decline. […]
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