Crude Oil Prices Keep Sliding as Opec Floods Market - May 5, 2025 13:10

In recent months, the price of crude oil has seen a notable drop, as Brent crude fell more than 20% from mid-January, now hovering near $60 per barrel – a low not seen in four years. A mix of reasons has pushed this decline, such as OPEC+ pumping out more oil, a dip in the […]

Gold and Copper Prices Dip Amid Trade Turbulence and Tariff Worries - April 5, 2025 15:06

As the week drew to a close the price of gold took a nosedive following an initial surge to unprecedented peaks earlier in the week; meanwhile the price of silver also took a sharp fall. Following the revelations by U.S President Donald Trump with the imposition of hefty trade tariffs directed at a wide array […]

Copper Prices Hit New Heights Amid Global Trade Tensions - March 23, 2025 12:40

On Thursday copper prices climbed to unprecedented levels, climbing past $10,000 per tonne. The main reason for this sharp increase is linked to trade disruptions caused by the aggressive tariff policies of US President Donald Trump. In the previous month it was President Trump who gave the order to the Commerce Department to take a […]

Oil Markets Respond to OPEC+ Production Signals as Prices Find Support - March 8, 2025 20:00

Brent crude prices recovered Friday, surging close to 3% after lingering around $71 a barrel since Russia hinted OPEC+ might rethink its output plans. Before the market’s rapid bullish response had been weeks of falling prices since mid-January, when concerns about oversupply and economic growth prospects first weighed on traders’ minds. Russian Deputy Prime Minister Alexander Novak […]

Gold Prices Reach Record Highs Amid Economic Uncertainty and Volatility - February 25, 2025 0:36

In North American trading, gold prices climbed to all-time highs of $2,956 per ounce, while the U.S. dollar fell and Treasury yields declined. The market is in the middle of one of gold’s longest bullish streaks, with prices up for eight weeks. Investors have confidence in gold as gold-backed ETFs have seen the most net inflows since 2022, […]

Pressure Mounts on the British Pound Following Autumn Budget - November 3, 2024 13:35

After the publication of UK’s Autumn Budget, the British Pound (GBP) was under immense pressure this week. UK Chancellor Rachel Reeves nails consumers with £40 billion tax increases, the largest fiscal tightening since 1993. Immediately following the announcements, the Pound lost value as markets estimated how much the economy would suffer. Chancellor Reeves unveiled massive […]

Impact and Outlook for the U.S. Economy on Rate Cut - September 23, 2024 0:38

This week’s Federal Reserve cut in interest rates by a half-percentage point rippled through the U.S. economy, with economists, business owners, and investors pondering its impact. Not only did the rate slash, which reduced borrowing costs from their highest in two decades, resulted in America’s major share indices declining on the day but sharply recovered. […]

Gold and Copper Markets Respond to Powell - August 24, 2024 16:06

On Friday gold jumped over 1% to unprecedented highs after the dollar and Treasury yields fell. The movements followed remarks from Federal Reserve Chair Jerome Powell that suggested an interest rate reduction in September. Concerns about inflation near the Fed’s 2% goal added to signs of lower interest rates, as Powell’s comments did. For a […]

US Stock Market Faces Turbulence and Mixed Commodity Reactions - August 4, 2024 8:48

The US stock market took another hit on Friday and managed to finish a disastrous week in the red as poor economic news coupled with weak earnings from some major tech players continued an alarming five-day collapse. The decline was itself heightened by recently-released non-farm payroll figures that showed a modest 114,000 jobs added to […]