Commodities

​​A larger-than-expected drawdown in US crude inventories led to a bullish reversal in the Brent crude oil price while aluminium and silver prices slip.

2024-07-18T23:52:17+0100

Since the natural gas downtrend is well established we would like to go short but only on a bounce to 2.302 with a stop loss above the late May low at 2.560 and a downside target around the 2.000 mark.

2024-07-18T07:01:25+0100

​​​The oil price tries to stabilize above Tuesday’s 1-month low as the gold price trades in record highs while aiming for the $2,500 mark as natural gas prices continue their descent.

2024-07-18T00:36:40+0100

​​​A stronger US dollar and China demand uncertainties are weighing on the oil and aluminium price while silver price remains stable.

2024-07-17T01:10:14+0100

This week, we will go long the Nikkei 225 index, currently trading at 41,313. We will strategically place our initial target at 42,500, and a stop loss at 40,575.

2024-07-16T06:08:42+0100

Discover why Rio Tinto's latest investment in the Simandau project and its robust iron ore production make it a compelling buy for investors.

2024-07-16T05:50:10+0100

Gold prices to remain sensitive to dovish rate expectations, softer USD and yields; September Fed rate cut fully priced in and major catalyst required to resuscitate suppressed gold volatility.

2024-07-16T04:01:31+0100

The aftermath of the Donald Trump’s assassination attempt over the weekend saw Wall Street edge higher overnight, US dollar firmed, gold prices were higher, and the US Treasury yield curve steepens.

2024-07-16T02:27:03+0100