Analysis: Commodities

ICE Canada Weekly Outlook : Canola's Turnaround a 'Gift' Says Broker

WINNIPEG, Manitoba--The turnaround in canola futures on the Intercontinental Exchange should be seen as a gift, according to broker Tony Tryhuk of RBC Dominion Securities in Winnipeg. Tryhuk...

Gold touches record high on rate-cut bets, weaker US dollar

Gold hit a record high on Wednesday, boosted by a softer U.S. dollar and hopes of more interest rate cuts, while investors looked for new signals for the Federal Reserve's interest rate trajectory. ...

Commodities Overview: To infinity and beyond!

Every week, the commodities overview reviews the latest developments on the commodities markets, so that you can get a better understanding of the price variations in energy, metals and agricultural...

Western ETF investors poised to heap fuel on gold's record rally

Inflows into gold exchange-traded funds, particularly from Western investors, are set to rise in coming months, adding yet more positive stimulus for already record high bullion prices, analysts...

Gold prices sprint to record high on dovish Fed-speak, Mideast concerns

Gold prices charged to another record high on Tuesday, aided by broadly dovish comments from U.S. Federal Reserve officials and escalating tensions in the Middle East. Spot gold gained...

EU launches WTO challenge against China's European dairy subsidies probe

The European Commission on Monday said it had launched a legal challenge at the World Trade Organisation against the initiation by China of an anti-subsidy investigation against imports of certain...

US rate cut, geopolitical woes lift gold to record high

Gold extended gains to scale a record high on Monday, driven by the momentum generated by the Federal Reserve's interest rate cut and safe-haven demand due to geopolitical risks in the Middle East. ...

Chinese court declares another Sinochem refinery bankrupt

A Chinese court on Friday declared bankrupt a third refinery owned by state oil and chemical group Sinochem, a court document showed. The Changyi city court also ended reorganization...

Global equity funds draw big inflows ahead of Fed rate cut

Global investors scooped up equity funds in the week to Sept. 18, anticipating the Federal Reserve's interest rate cut to initiate its long-awaited reduction cycle. According to LSEG...

Gold prices near record, set for weekly gains on Fed rate-cut boost

Gold hovered near record levels on Friday and was on track for a weekly gain after the U.S. Federal Reserve's recent oversized interest rate reduction and on signs that further cuts were on the...

ICE Review : Canola Slightly Lower After Choppy Trade

WINNIPEG, Manitoba--The ICE Futures canola market moved back and forth before ending lower despite mostly positive sentiment in comparable oils. One trader said Thursday canola could be pivoting...

India to produce more rice this year despite heavy rains, minister says

India's rice production this year will be higher than last year despite heavy rains and flooding in some states, Agricultural Minister Shivraj Singh Chouhan said on Thursday. The...

Chevron CEO Says Only Politics Can 'Get in the Way' of Natural Gas -- OPIS

HOUSTON -- The Biden-Harris administration policy is getting in the way of a lower carbon future with its attempt to pause permitting of new LNG export projects, said Chevron Chief Executive Officer...

Gold takes breather with Fed rate verdict in focus

Gold prices held steady on Tuesday after hitting a record high in the previous session, while focus shifted to the U.S. interest rate verdict, with many investors leaning towards a...

Commodities overview: Gold maintains Olympic form

Every week, the commodities overview reviews the latest developments on the commodities markets in a bid to gain a better understanding of the price variations in energy, metals and agricultural...

Gold prices at all-time highs as traders eye deeper US rate cut

Gold prices surged to record highs on Monday, driven by a softer dollar and expectations of a larger interest rate reduction by the U.S. Federal Reserve this week. Spot gold was up 0.5%...

Strong winds fan dozens of fires in Russia's Rostov region, governor says

Strong winds fanned fires sparked by downed power lines and carelessness in multiple settlements across Russia's southern Rostov region, Governor Vasily Golubev reported on Sunday. Since...

Gold bulls set sights on previously dismissed record $3,000/oz milestone

Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3,000 per ounce coming into focus, fired up by monetary easing by major central banks and a tight U.S....

A golden Fed cut

A look at the day ahead in U.S. and global markets by Amanda Cooper. What a difference a day makes. Just 24 hours ago, investors were coming to terms with the idea that a half-point rate...