Commodities Weekly Prices take a tumble on payrolls The prices of many commodities drifted lower over the course of the week. But the negative tone was set more firmly on Friday by the release of data showing strong growth in US non-farm payrolls and... 2nd February 2018 · 1 min read
Commodities Weekly It is all about the dollar Most commodity prices rose this week on the back of further broad-based falls in the US dollar. At the same time, the euro strengthened as ECB President Mario Draghi struck a fairly positive note at... 26th January 2018 · 1 min read
Commodities Weekly Commodity price rally stalls The prices of many industrial commodities, including oil, fell this week despite the ongoing depreciation of the US dollar. The dollar was volatile, but ended the week lower. On Thursday, the... 19th January 2018 · 1 min read
Commodities Weekly Commodities shrug off weak Chinese imports The prices of most commodities edged higher this week. Industrial metals rallied despite Chinese trade data showing that domestic demand had weakened at the end of 2017. Meanwhile, heightened... 12th January 2018 · 1 min read
Commodities Weekly A cautious start to the year The prices of most commodities trended higher this week, supported by a weaker US dollar. Falling US stocks and heightened geopolitical risk pushed the oil price higher. In contrast, industrial metals... 5th January 2018 · 1 min read
Commodities Weekly 2017 ends on a positive note The prices of most commodities edged higher this week, bolstered by a weaker US dollar. There is now evidence that the government-mandated winter cuts in China have started to take their toll on... 21st December 2017 · 1 min read
Commodities Weekly Metals return to the party It has been a good week for industrial metals, with prices rising on the back of data showing relatively stable industrial activity and solid growth in investment spending in China. The Fed’s rate... 15th December 2017 · 1 min read
Commodities Weekly Gold vulnerable to further Fed tightening Commodity prices mostly fell this week. A stronger US dollar – following the US Senate’s approval of the “Tax Cuts and Jobs Acts” last Saturday – was the main reason behind the declines in prices... 8th December 2017 · 1 min read
Commodities Weekly OPEC delivers on expectations Commodity prices fell this week, partly owing to weaker activity data from China, which weighed on industrial metals prices. In addition, a stronger dollar put some downward pressure on precious... 1st December 2017 · 1 min read
Commodities Weekly Industrials on the march Commodity prices drifted a bit towards the end of the week as the US markets were closed for the Thanksgiving holiday. Otherwise, the prices of most of the industrial and energy commodities rose... 24th November 2017 · 1 min read
Commodities Weekly Risky assets fall out of favour The falls in the prices of industrial commodities this week were in line with the broader downturn in riskier assets, including equities. However, factors specific to commodity markets, notably China... 17th November 2017 · 1 min read
Commodities Weekly Political risks boost oil prices The price of oil jumped this week on rising tensions in the Middle East, which also lent some support to the gold price. In contrast, the prices of industrial metals fell, after strong gains a week... 10th November 2017 · 1 min read
Commodities Weekly Markets focus on the positives In a news-filled week, the prices of most industrial commodities and oil performed strongly. President Trump nominated Jerome Powell to be the next Fed Chair, but there are some concerns about whether... 3rd November 2017 · 1 min read
Commodities Weekly Oil tops $60 The price of crude oil jumped this week and briefly breached $60 per barrel in afternoon trading on Friday on the back of optimism that OPEC will extend its output cuts to the end of 2018. In contrast... 27th October 2017 · 1 min read
Commodities Weekly A last-minute comeback for commodities Commodity prices initially wavered this week as the dollar strengthened. However, sentiment turned on Friday so that oil and most of the industrial metals ended up on the week. Concerns about oil... 20th October 2017 · 1 min read
Commodities Weekly All eyes on China The more industrial commodities have had a good week, which was vindicated to some extent on Friday by data showing a surge in China’s commodity imports in September. Meanwhile, the minutes from the... 13th October 2017 · 1 min read