Commodity Analysis & Comment

After peaking in 2021, Copper prices declined sharply before bouncing around for a few years. That “bouncing” ended up following the twists and turns of Fibonacci rules.And we can see this...

Tensions in the Middle East continue to linger, however, comments from a Fed official and a surge in the USD yesterday held large parts of the commodity complex backEnergy – Red Sea Tensions...

Gold fell over 0.7% on Tuesday amid strengthening dollar and rising yields, as well as uncertain Fed path. Gold tumbled over 0.7% on Tuesday to $2,039, but technical analysis suggests that near-term...

Reviewing 2023 results for the major asset classes reflects a long list of winners, with one conspicuous downside outlier: commodities.Amid widespread gains in global markets last year, the red ink in...

Spot US natural gas prices spiked higher on Friday on the back of cold weather across large parts of the US. Meanwhile, tensions in the Middle East remain elevated following US and UK airstrikes in...

In a surprising turn of events during the first week of December 2023, Gold futures achieved a record high, reaching $2152 from the day's low at $2038 on December 4, 2023.This unexpected move followed...

Geopolitical risks continue to grow in the Middle East with the US and UK carrying out airstrikes against Houthis in Yemen. Potentially more concerning for oil markets is Iran having seized an oil...

Due to multiple potential headwinds, HSBC economists think gold is unlikely to remain above $2,000 in 2024. Gold prices surged to a new record high last month, driven by geopolitical tensions....

Oil prices came under pressure yesterday with a bearish EIA inventory report, while European gas prices found some support given developments in the Red Sea. Meanwhile, the share of Russian aluminium...

Natural gas futures listed on Dutch hub TTF have continued a downward trend. But, prices in the US have been on the rise of late. Meanwhile, an International coalition has intervened in the Red Sea...

After analysis of the movements by the Natural Gas futures since this weekly opening, I observed that the natural gas prices spiked massively on Tuesday from $2.95 to $3.40 on colder trends, then...

Large parts of the commodity complex came under pressure yesterday, with the sell-off led by energy. European gas prices came under pressure with ample storage, whilst for oil there are more signs of...

The U.S. is adding new renewable energy capacity at a record clip, but that doesn’t mean it’s ready to quit fossil fuels just yet. The country just became the world’s biggest...

Protests at Libya’s largest oil field has seen force majeure declared on these supplies. This supply disruption and the geopolitical situation in the Middle East continues to provide some...