Commodities

​​​WTI trades in 2-month high on higher demand, gold price stays side-lined amid French and UK elections while corn price stabilizes above 3 ½ year low.

2024-07-02T23:43:08+0100

​​​​The Brent crude oil price is seen heading towards its two-month high while gold and aluminium prices are recovering as well.

2024-07-02T00:44:59+0100

As NY #11 sugar is approaching its December low and May high resistance zone while remaining within its long-term downtrend, we would like to go short with a stop loss at 20.10, and a downside target in the 18.00 region.

2024-06-27T06:12:36+0100

Your weekly financial calendar for market insights and key economic indicators.

2024-06-21T04:54:05+0100

Corn looks to have ended its corrective move higher at last week’s 464 high, which is why we would like to go short the commodity, with a downside target around 410 and a stop loss at 465.

2024-06-19T07:12:44+0100

First Fed rate cut priced-in at the December meeting; gold nudges higher but the move looks tepid and silver now running into resistance.

2024-06-11T05:39:46+0100

We would like to use the recent decline in the gold price to go long gold, with a stop loss below the early May low at $2,275 per troy ounce, and an upside target at $2,440.

2024-06-06T04:44:45+0100

OPEC+ extends production cuts into 2025 with voluntary cuts to taper off from October this year and the oil market seeks to halt recent declines on tighter supplies.

2024-06-04T02:46:20+0100