March 11, 2025 9:17 am
Key moments On Tuesday, Brent crude oil surpassed $69 per barrel. Brent crude oil futures recovered after an initial dip to $68.60. Broad market fluctuations stemmed from intricate influences, primarily U.S. recession concerns and fluctuating tariffs impacting major oil producers and consumers. Tuesday’s Trading Session Saw Brent Crude Oil Rally Past $69 Despite a confluence […]
Read moreMarch 11, 2025 7:39 am
Key moments Gold rebounds from 1-week low, reclaims $2,900 per troy ounce Gold’s overall uptrend remains intact – analyst Focus sets on US job openings, CPI data Having briefly touched a one-week low on Tuesday, Spot Gold bounced back above the $2,900 level, as the US Dollar and US Treasury yields retreated ahead of key […]
Read moreMarch 10, 2025 2:45 pm
Key moments U.S. natural gas futures have climbed past $4.60 per MMBtu. The U.S. is experiencing record liquefied natural gas (LNG) exports, adding significant pressure to domestic supplies. Despite entering winter with high inventory levels, a rapid drawdown due to extreme cold has pushed natural gas reserves below the five-year average. Natural Gas Futures Have […]
Read moreMarch 10, 2025 1:52 pm
Key moments Futures Prices Rise on Monday, Following Strong Gains at Week’s End Record Net Short Positions Held by Speculators Despite Price Increases Export Data Shows Slight Decline Year-Over-Year, While Stocks Remain Stable Cotton Futures See Gains Amid Fluctuating Market Dynamics Cotton futures experienced gains on Monday morning, continuing the upward trend observed at the […]
Read moreMarch 10, 2025 10:06 am
Key moments Silver prices are currently testing near-term support at the $32.21 level, as indicated by the nine-day EMA. The 14-day RSI stays above the 50 threshold, reinforcing the prevailing bullish sentiment in the market. A recovery back into the established ascending channel would strengthen the positive outlook and pave the way for further price […]
Read moreMarch 10, 2025 9:36 am
Key moments Global oil prices took a significant hit on Monday, with Brent crude falling to around $70 per barrel and WTI dropping to approximately $67. The developments surrounding tariffs initiated by the Trump administration sparked widespread anxiety in the oil market. Increased oil production by the Organization of the Petroleum Exporting Countries and its […]
Read moreMarch 10, 2025 9:17 am
Key moments Palm oil futures experience a 1.5% drop, reversing recent gains due to profit-taking and trade concerns. February export data reveals a four-year low, with a 16.27% monthly decrease. Supply constraints, including flood disruptions and pest infestations, limit further price declines. Profit-Taking and Trade Tensions Pressure Malaysian Palm Oil Futures Prices Below MYR 4,600 […]
Read moreMarch 10, 2025 7:53 am
Key moments Spot Gold holding above $2,900 mark, as USD hovers above a four-month trough Gold may overcome $3,000 soon – analyst US CPI, PPI data on traders’ radar Spot Gold firmed at the start of the new week, while holding above the $2,900 mark, underpinned by dollar weakness and safe haven demand amid concerns […]
Read moreMarch 7, 2025 3:43 pm
Key moments The US Energy Secretary unveiled his intentions to seek up to $20 billion to replenish the nation’s depleted oil reserve to its maximum capacity of 700 million barrels. The current holdings of the Strategic Petroleum Reserve stand at 395 million barrels, a dramatic reduction from its maximum capacity. The refill initiative, which may […]
Read moreMarch 7, 2025 3:28 pm
Key moments After an earlier dip to $32.20, XAG/USD recovered, exceeding $32.50. The upcoming US Nonfarm Payrolls report is driving market volatility, with traders carefully positioning themselves ahead of the release and its potential impact on Fed policy. Silver’s recovery was aided by a declining US dollar, making the metal more attractive to investors holding […]
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