author - oman observer

The commodity sector is showing renewed strength, and following a six-week period of consolidation, the Bloomberg Commodity index was on track for its best week in four months. While individual news...

The commodity sector remains in consolidation mode with the Bloomberg Commodity index trading close to unchanged for a third week. After peaking at a three-year high in late February, following a...

Key trends: Rise in oil prices reflects not only demand normalisation but investor hedges against inflation, says expert The commodity sector, including oil, has been rallying since early November...

The month-long commodity rally continues to be challenged by elevated bond market volatility driving a renewed rise in US bond yields which in turn is causing risk aversity and a stronger...

The almost synchronised commodity rally seen during the past few months continues to be challenged by an ongoing rise in US bond yields causing risk aversion and a stronger dollar. Metals of most...

Commodities continue to witness increased attention and demand. Following a near decade of trading sideways to lower, it has embarked on a strong rally with individual commodities reaching multi-year...

Crude oil’s longest winning streak in two years continues despite emerging signs of the rally beginning to show signs of overheating. The cost of a barrel of crude has now risen by an impressive 64...

The strong momentum seen across most commodities in recent months continued into the second week of January, albeit at a slowing pace. The main exception being the grain sector which spiked higher...

We expect the broad commodity rally that saw the Bloomberg Commodity Index rose by 10 per cent during the last quarter will extend further into 2021. Driven by multiple tailwinds from tightening...

Commodity markets maintained their strong momentum ahead of year-end as the so-called ‘everything’ rally continues to be fed supportive news.  Apart from the weaker dollar and vaccine optimism...

THE post-November 9 surge in risk appetite on vaccine optimism extended into December with stock markets, led by Asia, continuing higher while the Bloomberg Dollar Index, which tracks the performance...

London: Since the US election this Tuesday, nearly all assets including most commodities have enjoyed a strong surge. The everything up and US dollar down narrative unfolded despite the prospect of at...

Commodities traded lower for a second week as the COVID-19 pandemic continues to cloud the global economic outlook and with that the demand projections for several growth-dependent commodities from...

Grain traders took profit as the strong dollar reduced export demand. Crude oil held up very well despite worries about demand and the risk of rising supply. Commodities traded lower during the week...

March 12 will go down in the history books as one of the most violent trading days ever as the dash-for-cash hit a fresh peak. The sell-off which left no market unscathed saw the S&P 500 cash index...

The negative economic impact of the coronavirus that for weeks has been signalled through weakness in pro-cyclical commodities finally spread like a wildfire to the rest of the market. The week kicked...

The worst week on Wall Street since 2011 helped trigger an equally challenging week across commodities. The broad-based Bloomberg Commodity Index lost more than 6 per cent with all components showing...

Commodity markets’ main source of influence continues to be the news flow related to the Covid-19 virus and the potential risk of it spreading further across Asia and beyond. China, already reeling...

Commodity markets continue to bear the brunt of the coronavirus outbreak in China. While stocks, led by the US technology sector, resumed their rally and reached new highs, the Bloomberg Commodity...

The weekly commodity update takes a closer look at the main events that helped create a very volatile January. Not least the coronavirus outbreak which is once again changing the narrative back...