Oil prices weighed down by demand concerns
The Bloomberg Commodity Index traded higher for the first time in four weeks. While growth-dependent commodities such as crude oil moved lower despite renewed concerns about stability in the Middle...
Commodities look to Fed for support amid risks
Global commodity markets have seen their fair share of turmoil in recent weeks. The potential twin disruptive impact of trade war and upcoming recession helped sent energy and industrial metals...
Oil succumbs to growth concerns, but tightness persists
The latest trade war escalation, triggered by the White House’s decision to blacklist Huawei and several Chinese surveillance companies, has further increased pressure on the global supply chain of...
Commodity focus returns to US-China trade tiff
It took one Sunday tweet from President Trump to shatter the relative calm across global financial markets. Instead of going into a week widely expected to yield a long-awaited trade deal between the...
Best quarter in three years on oil and metal strength
The commodity sector, just like most other asset classes, reported strong gains during the first-quarter of 2019. The near-7 per cent return in the Bloomberg Commodity Index was the best since Q2’16...
Gold lifted by Fed Reserve dove while oil pauses
Commodities traded higher for a second week, albeit at a slower pace, with gains being driven by precious metals and — for a change — the agriculture sector. Precious metals received a boost from...
Commodities rise as ‘king dollar’ stumbles
Global commodity prices staged a comeback this past week after the dollar failed to hold onto recent gains and rising stock markets helped to drive renewed risk appetite. The weaker dollar was led by...
Gold sold as stocks receive a China boost
Commodities started March on the defensive as losses across key agricultural products and emerging profit-taking in precious metals more than offset gains especially among industrial and platinum...
Commodities ride high as trade talks continue
Global markets from stocks to corporate bonds and commodities have experienced strong performance in recent weeks on upbeat comments from US and Chinese trade negotiators. The attention has been so...
Recession watch: Is gold really a safe hedge?
Gold, secure government bonds and some currencies, such as the US dollar, are often viewed as the go-to markets during a recession when capital preservation becomes more important than capital...
Markets roll over as macroeconomic concerns weigh
The US dollar, which has been strengthening every day since the dovish shift by the Federal Open Market Committee on January 30, only added to the market’s unease. The index, which tracks a basket...
Commodity prices rise ahead of crucial week
Global markets, led by emerging market bonds and stocks, advanced alongside US stocks where a robust earning season has so far helped offset the negative impacts of a prolonged government shutdown...
Financial markets and commodities remain strong
OLE S HANSEN - The strong beginning to 2019 across financial markets and commodities has extended into its third week. Dovish comments from the US Federal Open Market Commission, rate and tax cut...
Trade optimism drives commodities higher
The early January recovery across key commodities extended into a second week with the Bloomberg Commodity index rallying by more than 4 per cent since touching a near three-year low on the first...
Commodities find a bid as 2019 begins
A tumultuous first trading week of 2019 headed towards a calmer close. After hitting a 33-months low the Bloomberg Commodity Index managed to climb to record its first weekly gain in five. The global...
Oil rallies on Opec+ output cut, gold breaks higher
Commodities found a bid on Friday to finish the week higher after the Opec+ group – following 24 hours of negotiations – agreed to a production cut large enough to support the market. Gold,...
Commodity update: Crazy week for oil and gas
The Bloomberg Commodity Index, which tracks a basket of major commodities within the three major sectors of energy, metals and agriculture, was on track to show its first weekly rise in six. Gains in...
Gold and crude oil looking for a floor while gas spikes
The commodity sector remains on the defensive with rising supply hurting a diversified group of raw materials from crude oil to grains. Growth concerns in the world’s two biggest economies into 2019...
Commodities hurt by global market rout
Commodities remained exposed to broad-based selling this past week. For a third consecutive week, the sector struggled to put up a defence against the challenging combination of rising US interest...
Signs of life as dollar weakens and trade tensions ease
The Bloo-mberg Com-modity Index, which tracks the performance of 22 major commodity futures, rose from the ashes this past week. The 2 per cent gain occurred after some early weakness after the US...