May 13, 2025 9:01 am
Spot Silver rose more than 1.5% on Tuesday, bouncing off a 1 1/2-week low of $31.88, as initial optimism regarding the US-China trade agreement has begun to fade. The white metal lost ground on Monday, as a breakthrough in US-China trade relations bolstered investor risk appetite and dampened demand for safe-haven assets. During high-profile trade […]
Read moreMay 13, 2025 7:13 am
Spot Gold rebounded from yesterday’s 1 1/2-week low of $3,207.79 on Tuesday, recouping part of Monday’s steep loss, on likely bargain buying. The yellow metal plummeted 2.7% on Monday, as a breakthrough in US-China trade relations bolstered investor risk appetite and dampened demand for safe-haven assets. During high-profile trade talks in Switzerland over the weekend, […]
Read moreMay 12, 2025 1:26 pm
Key Moments: US natgas futures declined 3.24% to $3.672/mmBtu on Monday. Storage levels rose to 2.15Tcf, exceeding the five-year average by 1.4%. Second consecutive triple-digit inventory increase raises supply concerns. Inventory Surge Weighs on Prices Natural gas futures managed to climb above $3.830/mmBtu on Monday before plummeting by 3.24% to $3.672/mmBtu. According to ING commodities […]
Read moreMay 12, 2025 10:43 am
Key Moments: Brent crude spot prices rose 2.65% to $66.34 per barrel, while WTI gained 2.92% to $63.065 per barrel on Monday. China and the US have agreed to lower reciprocal tariffs by 115% for a 90-day period. OPEC’s plans to increase output in May and June limited the extent of oil price gains. Tariff […]
Read moreMay 12, 2025 9:07 am
Key Moments: Prime Minister Ishiba confirmed Japan’s unwavering stance regarding the removal of auto tariffs, but stressed the country’s agricultural sector remains non-negotiable. The increase of corn imports is being considered as an alternative. Japan’s auto industry is under pressure due to US tariff policies, with Mazda disclosing a 45.1% drop in net profit. Tokyo […]
Read moreMay 12, 2025 9:07 am
Spot Silver slid to a 1 1/2-week low of $31.88 on Monday, as a breakthrough in US-China trade relations led to an investor move from safe-haven assets toward riskier instruments. During high-profile trade talks in Switzerland over the weekend, US and Chinese officials agreed to significantly lower tariffs, which alleviated global trade tensions. US tariffs […]
Read moreMay 12, 2025 7:17 am
Spot Gold retreated to a one-week low of $3,250.74 on Monday, as optimism regarding the US-China trade negotiations led to an investor move from safe-haven assets toward riskier instruments. The US and China held high-profile trade talks over the weekend, with officials from both countries indicating a positive outcome. Washington highlighted progress toward a deal, […]
Read moreMay 9, 2025 1:23 pm
Key Moments: WTI futures jumped 2.1% on Friday, while the Brent benchmark rose 1.93%. China’s April crude imports were 7.5% higher YoY despite a monthly dip. OPEC+ output dropped last month. Trade Optimism Fuels Market Momentum Crude oil prices are finding support as the potential for positive developments in US-China trade relations provides a fresh […]
Read moreMay 9, 2025 7:36 am
Key Moments: China’s soybean imports dropped to 6.08 million metric tons in April, the lowest since 2015. Longer customs clearance times disrupted crushing operations and reduced soymeal availability. Purchases from the US have fallen, with zero net soybean sales reported for the 2024/25 marketing year. Imports Plummet on Logistical Setbacks China’s soybean imports shrank sharply […]
Read moreMay 9, 2025 7:23 am
Having slipped to an intraday low of $3,274.38 earlier on Friday, Spot Gold bounced on likely bargain buying ahead of the outcome of the US-China trade negotiations this weekend. Gold’s extended losses came after US President Donald Trump and British Prime Minister Keir Starmer announced a “breakthrough deal”. The 10% tariff on UK imports will […]
Read more