BUSINESS
US labour report to determine second quarter sentiment for commodities next week
A strong labour market could diminish the likelihood of a June rate cut further, while any signs of cooling may prompt the Fed to act sooner to prevent an economic downturn.
BUSINESS
Commodity markets to focus on Fed Chair's speech, US PCE price index, Q3 GDP numbers this week
The potential for liquidity boosts in China, with room for lowering the reserve requirement ratio for banks, may provide some cushion for metals markets.
BUSINESS
Monetary policy meetings in US, Japan, UK to set the tone for commodity market movements next week
Chinese economic data and flash Manufacturing PMIs from developed economies will keep traders on their toes.
BUSINESS
US CPI to determine whether rally in gold continues or halts amid Fed rate cut hopes
In the coming week, the spotlight will be on US inflation numbers. A continuation of the disinflationary trend may add to rate cut bets, boosting gold prices to new highs. Conversely, a hotter-than-expected figure may lead market participants to factor in fewer rate cuts for the year.
BUSINESS
Powell's testimony and economic indicators to shape commodities market sentiment
Looking ahead to the coming week, investors will closely monitor the US ISM Services PMI, Powell's testimony, the ECB policy meeting, and US jobs data.
BUSINESS
Price action indicates consolidation in gold, but $2065 per troy ounce crucial for further upward trend
Looking ahead to the coming week, the spotlight will be on the US PCE price index, the second estimate of US Q4 GDP, ISM Manufacturing PMI, and a series of speeches from Fed officials.
BUSINESS
Commodities zoom in on FOMC minutes, Fed speeches, Flash PMI numbers this week
The minutes of the January FOMC meeting may provide further insights into why Fed officials are not confident enough to initiate policy easing in Q1 2024, as markets had previously anticipated.
BUSINESS
Commodity markets to focus on US CPI, retail sales data next week; metals may remain subdued given holiday in China
LME base metals faced challenges amid persistent deflation pressures in China and a regional increase in inventories ahead of China's Lunar New Year holiday.
BUSINESS
Oil prices to remain highly volatile, posing potential threat to global supply
As geopolitical tensions in the Middle East continue to simmer, oil prices are expected to remain highly volatile, posing a potential threat to global supply.
BUSINESS
Central bank meetings and US economic indicators spark uncertainty in commodity markets
Commodity market participants will carefully scrutinize policy guidance by Federal Reserve next week.
BUSINESS
Commodity market participants to focus on PCE price index, US GDP, ECB interest rate call this week
Commodity market participants will closely watch the ECB's monetary policy decision, particularly after some members of the Governing Council pushed back against aggressive easing calls, acknowledging potential upside risks to inflation.
BUSINESS
Commodity markets set to focus on US retail sales, FOMC officials speeches next week
Crude oil prices may remain supported amid fears of disruptions and the need for vessels to divert, especially as Saudi Arabia warned that recent actions by the US and its allies could inflame tensions.
BUSINESS
Commodity investors to closely watch US, China inflation that could shape expectations for monetary policy
Looking ahead, investors will closely watch US and China inflation figures in the coming week, as they could shape expectations for monetary policy.
BUSINESS
Commodity markets to keep a close eye on China for additional support measures
Looking ahead, the commodity market focus will turn to flash PMI figures for early insights into business activity.
BUSINESS
Gold, silver price likely to see rebound ahead of FOMC meeting next week
Gold saw a significant 3 percent drop during the week, while Silver ended with a substantial 10 percent decline, influenced by the increasing opportunity cost of holding bullion amidst the potential for a prolonged period of restrictive interest rates.
BUSINESS
US ISM Services PMI, jobs data may test commodity market nerves next week
The precious metal secured its third consecutive weekly gain, contributing to a second consecutive monthly increase in November.
BUSINESS
Commodity markets to focus on speeches from FOMC members, US GDP, Core PCE, China PMI data next week
The intricacies of mixed economic data from the US, coupled with the nuanced FOMC meeting minutes, contribute to the complexity of predicting the Federal Reserve's outlook.
BUSINESS
Gold may shine brightest as geopolitical blues deepen ahead of central bank meetings
As central bank meetings and economic data releases loom, gold remains a safe-haven asset, offering a buffer against geopolitical uncertainties and potential dollar strength
BUSINESS
Commodity investors should look West to map the market this week
The Israel-Hamas war, US economic growth, European Central Bank meet, crude oil dynamics to rule the commodities market this week
BUSINESS
Deepening Israel-Hamas Conflict: A notable threat to risk assets, potentially bolstering safe-haven precious metals
Considering the ongoing geopolitical tensions in the Middle East and the diminishing prospects of another Federal Reserve rate hike, the prices of precious metals are expected to remain well-supported in the short term, driven by safe-haven buying.
BUSINESS
Commodity market participants to closely monitor US inflation, FOMC minutes, speeches by Fed officials for cues next week
It is expected that the US Consumer Price Index (CPI) for the previous month will show a 0.3 percent increase, marking a decrease from the 0.6 percent rise recorded in August.
BUSINESS
Commodity investors to focus on US labour report, speeches by several FOMC officials including Fed Chair next week
Investors will focus on speeches by several FOMC officials including Fed Chair next week.
BUSINESS
Commodity market participants to closely monitor China's economic situation, US GDP growth
Various central banks made different monetary policy decisions during the week, but a common theme was the possibility of more extended periods of elevated interest rates.
BUSINESS
Monetary policy to dominate commodity market sentiments in upcoming central bank-focused week
The Bank of Japan's (BoJ) policy will be closely monitored after Governor Kazuo Ueda hinted at the possibility of ending negative interest rates earlier
