Commodities

Long WTI Crude Oil: Range bound stability indicates potential upside breakout

Long Natural Gas: Stability near $1.9500, positive MACD signals upside potential

Short Silver: breaks critical support at $27.50 amid global slowdown fears and weak U.S. economic data

Long Copper: Emergence of higher lows and bullish momentum indicate upside potential

Why are corn, soybeans, sugar, cocoa, and wheat prices tumbling?

Agricultural commodities are having another difficult year as the market remains in an era of abundance. Sugar price was trading at $18.65, down by over 33% from its highest point this year and is hovering near its lowest point since November last ye...

China at the forefront as global demand for critical minerals grows

China now accounts for about two-thirds of the world’s essential mineral processing and refining capacity, according to recent UNCTAD data. China leads in processing aluminum, lithium, cobalt, rare earth metals, manganese, and natural graphite,...

Starbucks owes customers $1.77 billion in coffee: What’s brewing?

The company is sitting on $1.77 billion worth of unredeemed gift cards. What does the company do with the money and will it ever be paid back?

Long Natural Gas: Persistent support at $2.0000 signals bullish reversal

Long Gold: August contract shows strong bullish momentum with rising volume

Copper prices dip 0.7% amid weak Chinese demand and rising inventories

Copper prices have experienced a decline on the London Metal Exchange (LME), falling by 0.7% to $9,045 per metric ton as of 11:06 GMT. This decrease represents an 18% drop from the record high reached in late May, underscoring the ongoing volatility...

European natural gas prices up 2% to €32.6/MWh amid supply disruptions and weak demand

European natural gas prices edged up 2% to €32.6 ($35.41) per megawatt-hour on Friday, reflecting a market grappling with supply disruptions and weak demand. This increase comes after a 2.1% decline on Thursday and a 4.3% surge on Wednesday, suggesti...

Short Silver: expecting continued downtrend as XAG/USD struggles below key resistance levels and 100-day sma

Short Gold: bearish weekly candle signals potential downside amid US dollar pressure and key economic data

Long Copper: Stabilizing after sharp decline, poised for short-term retracement

Short Natural Gas: Bounce fails to hold, bearish reversal likely

Long Gold: Support holds strong below $2,390, ready for a rebound

Amplats on track for 2025 demerger from Anglo American, cuts 3,700 jobs to reduce costs

South Africa’s Anglo American Platinum (Amplats) is navigating significant financial challenges while keeping its ambitious restructuring program on track. The company expects to complete its demerger from its parent company, London-listed Angl...

China to review anti-dumping measures on stainless steel imports

China’s Ministry of Commerce (MOFCOM) has announced an expiry review of the anti-dumping measures on stainless steel billets and hot-rolled stainless steel plates and coils imported from the European Union (EU), the United Kingdom (UK), the Rep...

Deadly pink bollworm halves cotton cultivation in North India

For nearly four years, the pink bollworm has devastated cotton crops in the northern Indian states of Punjab, Haryana, and Rajasthan. This infestation has led to a significant decrease in cotton cultivation, which has fallen from around 160,000 hecta...

Short WTI Crude Oil: Persistent lower highs and lows indicate bearish trend continuation