Commodities challenged by fresh Covid concerns
The commodity sector traded lower for a sixth straight week with continued losses in energy and metals, both precious and industrial, being only somewhat offset by another week of gains across the...
Inflation and US oil intervention risk take centre stage
Crude oil was heading for a third weekly decline after once again failing to find a bid strong enough to force prices above the Brent double top at $86.70. While the short-term global outlook still...
Commodities hold their breath
The commodity sector continues to consolidate following the September to early October price surge, and this week the Bloomberg Commodity Index traded lower for a third straight week. Investors have...
Energy crisis fuels commodity rally despite growth concerns
The month-long run-up in commodity prices shows no sign of easing with the main engine continuing to be the global energy crisis and its direct impact on other sectors, not least the energy-intensive...