War and sanctions upend global commodity markets
Commodities, with a few exceptions, have rallied strongly since President Putin ordered the attack on Ukraine, thereby triggering a change in the market from worrying about tight supply to actually...
Commodity markets' reaction to Russian invasion
The commodity sector continued its ascent this past week with the Bloomberg Commodity Spot Index reaching a fresh record high on Thursday after Russia’s unprovoked attack on a sovereign nation saw...
Commodities supported by greenflation and tight supply
Commodities rallied strongly in 2021 with the sector recording its best year since 2000. Years of ample supply with steady prices had reduced investments towards new production and once the...
Gas markets lead broad commodity strength in 2022
Commodities extended their strong start to the year this week with the broad Bloomberg Commodity index trading up 4.1 per cent so far this month while the energy-heavy SP GSCI has notched up gains in...
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...