Commodities Market

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Gold nuggets

Gold shines as yields plunge on BoE intervention

BoE will temporarily carry out purchases of long-dated UK government bonds at an “urgent pace,” and on “whatever scale” necessary to restore orderly market conditions.

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September 28, 2022 04:27 PM
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Technical Tuesday: Nasdaq, WTI, GOLD and USD/CNH

In this week’s edition, we are getting technical on the Nasdaq, WTI, gold and USD/CNH.

Research

Commitment of traders report (COT): Traders flipped to net-long euro

Despite negative sentiment, weak data and an energy crisis wreaking havoc for Europe, traders decided they wanted to be net-long euro futures ahead of the FOMC meeting.

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September 26, 2022 06:27 AM

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Gold trading

Gold breaks down

In an environment of rising interest rates around the world, investors continue to dislike assets that have little or no yield

Gold nuggets

Gold bears eyes break of $1700 as dollar and yields surge

precious metal looks heavy amid aggressive rate hike expectations

Oil rig on an grey day

Crude Oil continues bounce on OPEC comments

Comments from OPEC+ officials regarding possible supply cuts are currently outweighing fears of a recession. As a result, the price of WTI Crude Oil is moving higher.

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August 23, 2022 08:22 PM
Gold nuggets

Gold edges towards the trap door Part II

In our last update on gold a month ago, we were watching for a false break below range lows at $1670 to set up a rebound. While the false break lower did not eventuate, a rebound to $1807 followed. In this article, we update why the rally in gold faltered and what comes next as gold again eyes the bottom of its 28-month range.

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August 23, 2022 04:28 AM
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Copper and USD/CHF have a high negative correlation!

As long as the correlation holds, traders who don’t have access to trade copper can use USD/CHF as a proxy.

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August 17, 2022 08:49 PM

BHP share price pops on bumper profits and record dividend

BHP earnings have exploded to their highest level since 2011 and allowed the miner to pay a record dividend to investors.

Currency exchange rate board of multiple currencies

AUD/USD: Where to next?

With poor economic data and a rate cut from China, it was almost a perfect storm for commodity currencies to sell off, particularly, AUD/USD.

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August 15, 2022 08:32 PM

Growth concerns return to the forefront

Crude leads commodities slump on weak Chinese data and US Empire Manufacturing Index plunges into negative

Oil rig on an grey day

Crude oil drops again with WTI below $90

US crude oil prices could be heading towards low- to mid-$80s.

Research

Gold attempts breakout as yields dip

Investors appear convinced the Fed will slow down rate hikes despite officials indicating otherwise.

Oil rig in the sea

WTI lower, but it has little to do with the upcoming OPEC+ meeting

With negative manufacturing data beginning in China and continuing throughout the US session, WTI Crude Oil has been trading lower, down nearly 5% on Monday.

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August 1, 2022 08:04 PM
Canary Wharf London cityscape at night with HSBC building

How does market share determine profitability?

Market share compares a company’s sales with the total sales of the market it’s in to determine how dominant it is. A high market share may indicate high profit, growth, and quality of goods and services. Learn how to calculate market share and how to use it when analyzing a company.

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July 29, 2022 07:57 PM
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Gold holds post-FOMC bounce ahead of GDP

Expectations that inflation will soon peak and that the economy will deteriorate further points to a contractionary monetary policy stance from the Fed in 2023

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July 28, 2022 12:09 PM
Graph showing a slow uptrend

Natural Gas at 14 year highs after EU agrees to cut 15%

If Russia continues to harass Europe by threatening to shut off gas flows, the commodity could move much higher.

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July 26, 2022 04:34 PM

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Gold trading

Precious metals start busy week firmer

Investors know that front-loading of interest rates around the world is only going to bring a potential recession – and therefore interest rate cuts – sooner.

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July 25, 2022 12:48 PM
Germany flag

Two trades to watch: DAX, Oil

Dax falls ahead of IFO business sentiment data. Oil extends declines with Fed in focus.

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July 25, 2022 08:15 AM
Gold bars article image for an article on Precious metals and Gold

Gold edges closer to the trap door. Will it fall or recoil?

Fresh cycle lows for gold today as it printed a low near $1683, a level not seen since August of 2021.

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July 21, 2022 10:12 AM
Gold nuggets

Will gold stage a recovery from $1700 key support?

Gold bulls were hoping to see an end to the 5-week losing streak

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July 20, 2022 04:33 PM
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Two trades to watch: DAX, Oil

DAX rises as sentiment improves. Oil rises over the 200 DMA, supported by a weaker USD.

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July 18, 2022 08:15 AM
Gold nuggets

Gold rises, dollar slumps despite hot CPI

Hot CPI readings may hurt the economy so badly that the Fed may start cutting rates again in as early as Q1

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July 13, 2022 04:39 PM