COMMODITY INSIGHTS
Commodities are capturing vastly the attention of investors amid the latest monetary turbulence. Our experts, therefore, demonstrate the daily global commodity key developments to know.
28 Aug 2020
Gold still more shine!
Yesterday saw a gold drop from $1977.26 to a daily low of $1909. 89 during FED Powell’s speech outlining the FED’s flexible approach to accommodate periods of higher...
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24 Aug 2020
The US and Asian stock markets resume higher while crude oil trades sideways
The major US stock markets surged higher led by the major tech companies with the Nasdaq continuing to break record highs. The S&P broke above recent highs and is...
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12 Aug 2020
Commodities fall while U.S. Producer prices beat expectations
U.S. producer prices rebounded more than expected increasing 0.6% in July after falling 0.2% in June. The overall trend in producer inflation however remained subdued amid signs the economy’s...
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05 Aug 2020
Market Briefing: Gold exceeds $2.000/oz for the first time in history
Gold continues to shine as it exceeded the $2.000/oz level on Wednesday morning for the first time in history, gaining support from the blasts in Beirut combined with...
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03 Aug 2020
Market Briefing: WTI crude oil fell below $40 on oversupply concerns
WTI and Brent Crude oil prices fell 2% on Monday morning after OPEC and its allies led by Russia increased their output in August coupled with oil demand worries over...
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31 Jul 2020
Copper prices extend gains on solid demand and supply concerns
Copper prices have extended recent gains, supported by the robust industrial demand from its top consumer China, coupled with supply chain worries in Chile, the world’s largest producer of the red...
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