Tag: commodity

Copper sees extremely low level of stockpiles – what does it mean?
XCU
-1.34%

Copper sees extremely low level of stockpiles – what does it mean?

Copper heads to the lowest level of stockpiles in 18 years. The price elevated in the last 3 years by 80%.
Is copper going to keep rising?
XCU
-1.34%

Is copper going to keep rising?

It seems that currently copper is attractive mostly to long term holders. Will the predictions prove accurate or will the sentiment change?
What should you know about Saudi Aramco’s trip to China?
WTIOIL
-2.02%

What should you know about Saudi Aramco’s trip to China?

The stabilizing situation in the banking sector calms investors. Fed dovishness weakens the USD and China is backing their demand for crude with Saudi Aramco.
Crude oil skyrockets above $80
WTIOIL
-2.02%

Crude oil skyrockets above $80

Crude oil has entered the area above the level of $80. China's economic recovery is still crucial for the commodity as nervosity raises.
Copper rebounds off massive support – can it stay above $4?
XCU
-1.34%

Copper rebounds off massive support – can it stay above $4?

Technical analysis might tell us what happens next in the copper market.
Wall Street finally bounced back boosted by new data
SP500
0.02%

Wall Street finally bounced back boosted by new data

A brief rebound in Wall Street stocks kick off the week. US dollar finally retreats.
Gold shows no willingness to move – awaiting FOMC minutes
XAU
0.48%

Gold shows no willingness to move – awaiting FOMC minutes

Gold has not moved anywhere this week as investors remain on the sidelines.
Traders prepare for a bumpy season in crude oil
BRENTOIL
-1.32%

Traders prepare for a bumpy season in crude oil

Volatility in crude oil continues and fear of further development pushes commodity traders to reduce their money in markets.
Gold is steady before extreme macro week
XAU
0.48%

Gold is steady before extreme macro week

This week brings central banks' decisions, interest rates, inflation, GDP, and unemployment data in Europe and USA.
Crude oil goes to the side with the Fed ahead
WTIOIL
-2.02%

Crude oil goes to the side with the Fed ahead

Crude oil stays in close range thanks to weaker inventories and fear from China’s economic activity. Eyes on Fed rate decision.
Will the silver hold the crucial support ahead of the US CPI?
XAG
-0.14%

Will the silver hold the crucial support ahead of the US CPI?

Lower inflation pressure from soft data in the US poured money into precious metals. Thursday's CPI can show the way for silver.
Platinum on crossroads – heading above or below $1,000?
XPT
0.64%

Platinum on crossroads – heading above or below $1,000?

Platinum failed to break above $1,050 several times, indicating bulls are leaving the commodity for other assets.