Gold remains depressed below $4,650 on firmer USD; looks to US PCE for Fed rate outlook
Gold is seen consolidating in a range as bulls keenly await the release of the US PCE data. Fading Fed...
Gold is seen consolidating in a range as bulls keenly await the release of the US PCE data. Fading Fed...
Volkmar Baur at Commerzbank notes that the Reserve Bank of Australia (RBA) is in wait-and-see mode after three rate hikes,...
OCBC Bank strategists Sim Moh Siong and Christopher Wong highlight that lower energy prices have helped pull US and European...
Deutsche Bank notes that Nvidia’s earnings have become a major macro catalyst, although the impact of positive surprises has faded...
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann maintain a positive 1–3 week outlook for GBP/USD, with 1.3700 still in...
Danske Research Team reports that EUR/USD remained little changed around 1.1670, with the chart showing only a modest pullback from...
European natural gas prices dropped more than 5% to below €64 per megawatt-hour on Wednesday, extending losses from the previous...
US natural gas prices rose to around $2.81/MMBtu on Wednesday, recovering from a one-week low reached in the previous session...
Copper futures climbed above $6.7 per pound on Wednesday, reaching a new all-time high as supply-side risks persisted despite a...
Corn futures jumped above $5 per bushel, hitting their highest level since July 2023 as mounting concerns over US crop...