Mon, Apr 29, 2024
Commodity Capsule: A relatively strong dollar weighed on gold, in the wake of hotter-than-expected reading on the PCE price index.
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Fri, Apr 26, 2024
Commodity Capsule: Treasury Secretary Janet Yellen told Reuters on Thursday that U.S. GDP growth for the first quarter could be revised higher, and inflation will ease after a clutch of "peculiar" factors held the economy to its weakest showing in nearly two years.
Thu, Apr 25, 2024
Commodity Capsule:Earlier this week, LME copper hit two-year highs, after stricter western sanctions on Russian metal exports pointed to tighter markets.
Wed, Apr 24, 2024
Commodity Capsule: US crude inventories fell 3.237 million barrels in the week ended April 19-- American Petroleum Institute.
Tue, Apr 23, 2024
Commodity Capsule: Tehran downplayed Israel's retaliatory drone strike against Iran, in what appeared to be a move aimed at averting regional escalation.
Fri, Apr 19, 2024
Commodity Capsule: Copper on the Shanghai Futures Exchange advanced to an all-time high of 79,840 yuan earlier in the session.
Thu, Apr 18, 2024
Commodity Capsule: The yellow metal had surged to record highs last week as safe-haven demand ramped up after Iran launched a strike against Israel.
Mon, Apr 15, 2024
Commodity Capsule: Markets were waiting to see just how Israel would respond to Iran’s strike, given that the attack caused limited damage, and that Tehran said the move concluded its offensive against Israel.
Fri, Apr 12, 2024
Commodity Capsule: Although expectations of fewer US interest rate cuts this year kept a lid on rising crude prices.
Wed, Apr 10, 2024
Commodity Capsule: Brent crude futures were up marginally at $89.49/barrel. US WTI crude futures rose past $85 a barrel.
Tue, Apr 09, 2024
Commodity Capsule: A fresh round of Israel-Hamas ceasefire discussions in Cairo had ended a multi-session rally on Monday, leading Brent to its first decline in five sessions and WTI to its first in seven on the prospect that geopolitical risks could ease.
Fri, Apr 05, 2024
Commodity Capsule: Brent crude climbed past $91 a barrel. US WTI crude was past $86.50 a barrel.
Thu, Apr 04, 2024
Commodity Capsule: Federal Reserve Chair Jerome Powell underlined that recent job gains and higher-than-expected inflation readings do not significantly alter the overall picture of the central bank's monetary strategy.
Wed, Apr 03, 2024
Commodity Capsule: Gold has gained more than 1 per cent so far this year and is set for 8th consecutive daily rise.
Mon, Apr 01, 2024
Commodity Capsule: Gold logged its biggest monthly rise in over three years in March after a blistering rally fuelled by rate-cut bets, strong safe-haven demand, and central bank buying.
Thu, Mar 28, 2024
Commodity Capsule: Investors reassessed the latest US crude oil and gasoline inventories data and returned to buying mode.
Wed, Mar 27, 2024
Commodity Capsule: Data from the American Petroleum Institute showed that US crude inventories saw a build of 9.3 million barrels last week, compared to a drop of 1.5 million barrels in the prior week.
Tue, Mar 26, 2024
Gold prices hit a record high last week after Fed policymakers indicated they still expected to reduce interest by75 bps by 2024 end despite recent high inflation readings.
Fri, Mar 22, 2024
Commodity Capsule: Yellow metal had surged to record highs above $2,200 an ounce after Federal Reserve maintained its outlook for three interest rate cuts in 2024.
Thu, Mar 21, 2024
Commodity Capsule: Fed maintains outlook for three cuts in 2024, Powell allays inflation concerns.
Fri, Mar 15, 2024
Commodity Capsule: Crude prices were set to gain 4 per cent this week, its best weekly performance in five, on signs of improving US demand and tightening fuel markets.
Tue, Mar 12, 2024
Commodity Capsule: China is also scheduled to release its loan data this week. Chinese bank's lending is expected to have pulled back sharply in February from a record high a month earlier due to seasonal factors.
Mon, Mar 11, 2024
Commodity Capsule: Brent futures fell to $81.50/barrel. US WTI futures dropped to $77.50
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