Commodities

On February 4, 2025, oil prices saw a notable increase as the markets grappled with President Trump’s escalated “maximum pressure” campaign against Iran. Brent crude prices climbed to $76.34 per barrel, marking a 0.50% rise, while WTI’s earlier loss decreased to a mere 0.31% drop, settling at $72.93 per barrel.Trump’s …

Gold prices rose slightly in Asian trade on Tuesday, staying near record highs as safe-haven demand remained strong due to renewed U.S.-China trade tensions. Market Movements Spot gold: Up to $2,815.35 per ounce, near record high of $2,831.70 Gold futures (March): Down 0.4% to $2,846.64 per ounce Platinum futures: Down …

US Dollar Strength, Jobs Data, and Fed Speakers in Focus The US dollar (USD) began the week with renewed strength, driven by market reactions to recently implemented US tariffs on Canada, Mexico, and China. This week’s economic calendar features key US labor market data releases and public appearances by Federal …

Gold prices have surged to record highs, driven by a confluence of factors, most notably the implications of US tariffs on global trade. This surge reflects gold’s traditional safe-haven appeal amidst economic uncertainty. The precious metal is up +0.77% at the time of writing; trading at 2,818.82 per ounce and …

Oil prices experienced a volatile start to the week, initially surging on the announcement of US tariffs on Mexico, Canada, and China, then retreating after a one-month pause on the Mexican tariffs was declared. This brief reprieve offers a glimpse into the complex interplay between geopolitics and commodity markets, highlighting …

Global markets experienced a significant downturn following the announcement of new tariffs and the threat of further tariffs on various countries. This move has sent ripples of uncertainty across the global economy, impacting stock markets, currencies, and business strategies.Market Tremors:Major stock indices in the US, Europe, and Asia all declined, …

Oil prices climbed on Monday as U.S. President Donald Trump imposed tariffs on Canada, Mexico, and China, raising fears of potential supply disruptions. However, concerns over a broader trade war limiting global economic growth capped gains. Key Oil Price Moves: Brent crude futures rose 1.03% to $76.45 per barrel (0933 …

US Dollar ended last week higher buoyed several market drivers, including concerns of Trump’s administration tariffs, Federal Reserve Bank rate decision and its chief Jerome Powell’s statements, and US data of inflation and spending. Such market drivers were impactful om the greenback and all other traded assets in global financial …

Supply chain disruptions have become increasingly prevalent, forcing businesses worldwide to re-evaluate their strategies. A key response has been the rise of “nearshoring,” where companies source goods and services from closer geographical locations. While this approach offers potential benefits, it also presents limitations. For example, while local coffee chains may …

Oil prices edged higher in Asian trade on Friday, benefiting from dip buying, but remained on track for their second consecutive week of losses. Investors remained cautious over trade tariffs under U.S. President Donald Trump, which could disrupt global demand, particularly in China. Brent crude (March contract): +0.4% at $77.21 …