AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Commodities
Lithium price and stocks are at risk amid surplus concerns
September 12, 2023 11:28 PM AEST| By InvezzLithium price continued its freefall this week as investors reacted to the ongoing demand and supply dynamics. Data by TradingEconomics shows that the price crashed to 194,500 CNY per ton, the lowest level since May. It has been in a freefall for mon...
Gold price forecast: Bullish fundamentals and technicals
September 07, 2023 08:12 PM AEST| By InvezzGold price has come under intense pressure as investors focus on the strong US dollar index. After rising to a record high of $2,080 in May, gold has now pulled back to the current $1,920. Gold demand still strong Gold price has drifted downwards in...
Sugar price rockets higher as supply concerns continue
September 06, 2023 12:10 PM AEST| By InvezzSugar price continued its relentless rally on Wednesday amid rising concerns about India’s supplies. Data by TradingView shows that the price of sugar CFDs soared to $27, the highest level since May 16th. Some trading venue have it trading at the hig...
Silver price approaches key resistance ahead of US NFP data
August 31, 2023 09:16 PM AEST| By InvezzSilver price has drifted upwards in the past few days after a series of weak economic numbers from South Korea, China, Japan, and the United States. It jumped to a high of $24.95 on Thursday as traders waited for the upcoming US non-farm payrolls (NF...
The agony and the irony of the EU’s record Russian LNG imports
August 31, 2023 05:47 PM AEST| By InvezzSince early 2022, the world has been submerged in a most unfortunate and ongoing tragedy. The Russia–Ukraine war has ebbed and flowed, but the fighting continues to rage on. With Putin unwilling to give an inch, and Ukraine being supplied with...
Gold technical analysis: When will it break above $2000?
August 31, 2023 05:31 PM AEST| By InvezzGold has been consolidating over the summer. After reaching $2080 for the third time in the last three years, sellers emerged on the assumption that gold price might form a triple top pattern. But there is one thing about such a pattern that technica...
Top 3 lithium mining companies to buy as EV batteries drive demand higher
August 31, 2023 04:00 AM AEST| By InvezzThe world has entered an era with climate challenges. In the last few years, record temperatures have been recorded across the globe. Climate change is a reality. But humanity began to deal with the problem, as 97 countries pledged to achieve net-zer...
Orange juice price forecast as Hurricane Idalia gains momentum
August 30, 2023 12:30 PM AEST| By InvezzOrange juice price rally gained steam as investors focused on the happenings in Florida, the biggest producing state in the United States. Data by TradingView shows that prices jumped to $3.20 on Tuesday, a few points below the year-to-date high of $...
Gold price forecast as China, Saudi Arabia dump US Treasuries
August 22, 2023 01:26 AM AEST| By InvezzGold price continued its downward trend on Monday as the turmoil in the bond market continued. The XAU/USD pair tumbled to a low of 1,880, the lowest level since March 14th. It has fallen by more than 9.3% from the highest level this year. China and...
What can the Sound Money Index teach us about US states and precious metals?
August 18, 2023 10:03 PM AEST| By InvezzIn an earlier article, I discussed the differences between currency and money. Standard economic texts usually highlight three key features of money – a unit of account, a medium of exchange, and a store of value. According to sound money proponents,...
What to expect from the RBI amid potent tomato prices, surging CPI and contracting WPI?
August 16, 2023 02:04 AM AEST| By InvezzIndia’s consumer price index (CPI) inflation rate has shown a sharp turn upward, rising for a second consecutive month, and reaching 7.4% YoY in July 2023. This is significant because for the first time in four months, the inflation rate has surpasse...
Palladium and platinum prices forecast as the plunge continues
August 16, 2023 01:03 AM AEST| By InvezzPlatinum prices continued its downward trend on Tuesday after the latest Chinese economic numbers. It dropped to a low of $888, the lowest level since October last year. Palladium, on the other hand, plunged to $1,235, December 2018 lows. Demand conc...
Can Italy revive ailing economy with Russian rubles?
August 12, 2023 01:15 PM AEST| By InvezzEven though the Italian economy has largely returned to positive growth in recent quarters, it has struggled to maintain momentum since the strong one-off rebound post global lockdowns. Data from the IMF World Economic Outlook shows that Italian GDP...
3 precious metal mining stocks with an attractive FCF yield to buy in August
August 08, 2023 08:30 PM AEST| By InvezzIf last week financial market participants focused on the jobs report released in the United States, this week it is all about inflation. On Thursday, the US inflation data is due, and once again, volatility remains subdued until the report is publis...
Copper price forecast: hangs on a thread as China woes mount
August 08, 2023 01:00 PM AEST| By InvezzCopper price drifted downwards to an important support level after the latest economic numbers from China. The metal dropped to a low of $3.8285 on Tuesday, much lower than the year-to-date high of $4. China demand concerns Dr. Copper and other indus...
Brent crude oil price analysis: 2 key catalysts have emerged
August 07, 2023 11:00 AM AEST| By InvezzBrent crude oil started the week in a positive note as concerns about global supplies continued. It jumped to a high of $86.47, the highest point since April 23rd. It has risen by over 20% from the lowest level this year. Saudi supply cuts There were...
What the World Gold Council’s report on surging OTCs may mean for faith in bullion markets?
August 06, 2023 01:26 PM AEST| By InvezzThe World Gold Council released its Gold Demand Trends Q2 2023 report earlier this week. Demand-wise, central bank appetite slightly weakened after last year’s record purchases, leading to a drop of 2% YoY to 921 tons. However, when taken together wi...
Wheat prices at risk of more volatility as key concerns remain
August 05, 2023 01:30 AM AEST| By InvezzWheat prices have plunged in the past few weeks even as tensions between Russia and Ukraine continued. After surging to a high of $764 last week, wheat has crashed by more than 16% to $640. Russia and Ukraine crisis escalated The biggest recent news...
Saudi Arabia to extend its voluntary oil production cut to September
August 04, 2023 02:55 AM AEST| By InvezzOil prices are keeping comfortably above the $80 level today after Saudi Arabia said it will extend its voluntary oil production cut to September. Saudis may even deepen the voluntary cut The de-facto leader of OPEC will continue to produce a million...
Uranium price forecast: Demand and supply are favourable
August 02, 2023 04:39 PM AEST| By InvezzUranium prices continued rising this week as market participants assessed the supply and demand dynamics following the coup in Niger. The closely watched Sprott Physical Uranium Trust jumped to $13.37, the highest point since June 23rd. It has jumped...
