BUSINESS
Commodities prices: Focus on central banks meetings next week
The Fed is not expected to take any measure at its next week’s meeting but may lay the foundation for a possible tapering in the coming months. British and Japanese central banks, too, meet during week
BUSINESS
'Commodities to struggle amid Fed uncertainty, increasing virus cases, tensions in Afghanistan'
Market players are trying to assess what will be Fed's next step at the upcoming meeting on September 21-22.
BUSINESS
'With increasing demand concerns and global uncertainty, commodities may struggle to resume upward momentum'
The next major event is Jackson Hole Symposium on August 26-28, where Fed Chairman Jerome Powell may give more clarity about timeline to start the tapering process.
BUSINESS
Commodities continue to struggle; all eyes on US & China economic data, Fed comments
While Fed's monetary policy is at the center of discussion presently, market players are also closely watching development relating to China.
BUSINESS
Mixed trend in commodities may continue until clarity about virus situation, China's economic health, Fed monetary policy
The mixed trend seen in commodities in the last few days shows lack of confidence in the market.
BUSINESS
'Commodities to focus on Chinese economic outlook, virus situation'
Virus concerns are high as Delta variant has spread across the globe and while we have muted reaction so far, the rising cases worldwide may force countries to take stringent measures.
BUSINESS
'Commodities to be directionless with focus shifting to the Fed'
If we look at financial markets, the general strength in the equity market and commodities at large indicates that market players are not too worried about the Fed starting monetary tightening soon.
BUSINESS
'Commodities may remain directionless amid increasing uncertainty'
Amid uncertainty about various issues, commodities are also struggling. Gold rescaled $1800 per troy ounce on safe haven buying and lower bond yields but continued to remain pressurized by Fed's monetary tightening expectations.
BUSINESS
US Fed's monetary policy to give direction to gold price, going ahead
It is likely that central banks may take a cautious approach amid persisting virus risks. The quick spread of the Delta variant of coronavirus has forced authorities to impose stricter restrictions hampering economic activity, said Ravindra Rao of Kotak Securities.
BUSINESS
'Import duty reduction on Palm Oil to reprieve end consumers from swelling edible oil prices'
Malaysia and Indonesia both are entering in their high production cycle that might contain rally in BMD CPO after some temporary gains.
BUSINESS
Commodities cool down but watch out for US economic data, Fed's comments
The next key indicator will be the US non-farm payrolls data. A sustained recovery in the labour market is likely to fuel talk of the Fed starting to withdraw stimulus.
BUSINESS
Clarity over expected Fed rate hike may come from economic numbers, comments from central bank officials
The Fed has signalled that monetary tightening may begin soon but it came at a price in the form of selloff across commodities and equities.
BUSINESS
Inflation concerns continue to surge ahead of the Fed meeting
The Fed is likely to maintain a dovish stance but may be forced to acknowledge rising price pressure, which means the monetary tightening debate will continue and so will volatility.
BUSINESS
Commodities tumble as US dollar recovers on economic optimism
The next trigger may come from US' non-farm payroll data and the European Central bank's meeting next week.
BUSINESS
Volatility may persist in commodities given lot of uncertainty on central banks monetary policy stance
Brent crude oil continues to trade in a broad range but below the key $70 per barrel level.
BUSINESS
Volatility may continue in commodities; Fed's next move, China's comment on prices key
Market players will look at every economic number and Fed comment to gauge what will be Fed's next move. Meanwhile, any comment from China on commodity prices may trigger another sell-off.
BUSINESS
Focus may continue to be on economic data and central bank comments as inflation concerns seep into commodities market
While commodities have halted, market players are skeptical that a sharp correction may follow as stimulus measures are likely to continue while growth outlook remains positive.
BUSINESS
Can rising commodity prices make global central banks rethink their policy?
If commodities continue to trade higher, inflation concerns may strengthen further, fueling debate about how long central banks can continue with loose monetary policies
BUSINESS
Sideways trade may continue in COMEX gold, $18,00 key level: Ravindra Rao
Until the broad range of $1,745-1,800 is penetrated, sideways trade in gold may continue in the near term.
BUSINESS
Focus in commodities market to be on economic data, US stimulus plan
Rising commodities, especially fuel and food prices, will rekindle inflation concerns dampening risk sentiment.
BUSINESS
Here is why agri commodities are expected to fall further
Many agricultural commodities - like oilseeds, edible oils, spices, pulses - recently hit multi-year highs on hopes of revival in demand during festival and marriage season against a supply constrain.
BUSINESS
Commodities move out of somber on back of US dollar, but challenge of rising COVID-19 cases remains
Commodities have benefitted from the optimism about the US economy on the back of some upbeat economic readings.
BUSINESS
'Commodities may struggle to gain momentum unless US dollar corrects significantly'
The US currency has been edging up benefiting from rising bond yields
BUSINESS
Still too soon to call an end to gold's bull run, this may just be a pause: Ravindra Rao of Kotak Securities
The pandemic crisis is far from over and large-scale vaccination may take time. The recovery seen in the global economy in the last few months is largely dependent on the virus situation as well as government stimulus measures.
