Mon, Apr 29, 2024
Commodity Capsule: A relatively strong dollar weighed on gold, in the wake of hotter-than-expected reading on the PCE price index.
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Fri, Apr 26, 2024
Commodity Capsule: Treasury Secretary Janet Yellen told Reuters on Thursday that U.S. GDP growth for the first quarter could be revised higher, and inflation will ease after a clutch of "peculiar" factors held the economy to its weakest showing in nearly two years.
Thu, Apr 25, 2024
Commodity Capsule:Earlier this week, LME copper hit two-year highs, after stricter western sanctions on Russian metal exports pointed to tighter markets.
Wed, Nov 01, 2023
Commodity Capsule: Crude oil inventories in the US rose by about 1.3 million barrels last week-- American Petroleum Institute.
Tue, Oct 31, 2023
Commodity Capsule: Markets are weighing worries over supply stirred by conflict in the Middle East over the dismal showing of China data.
Mon, Oct 30, 2023
Commodity Capsule: Investors are watching for the outcome of Wednesday's Fed meeting, US jobs data, and earnings from tech giant Apple Inc.
Wed, Oct 25, 2023
Commodity Capsule: Brent crude futures hover under the $88 a barrel mark, and US West Texas Intermediate crude futures hover with a weak bias near $83 a barrel.
Fri, Oct 20, 2023
Commodity Capsule: Heightened fears that the Israel-Gaza conflict may spread in the Middle East and disrupt supplies pushed crude oil to three-week high levels.
Thu, Oct 19, 2023
Commodity Capsule: The United States plans to ease Venezuela sanctions to allow more oil to flow globally.
Wed, Oct 18, 2023
Commodity Capsule: Hundreds were killed in a blast at a Gaza hospital, sparking concerns about potential oil supply disruptions from the region.
Tue, Oct 17, 2023
Commodity Capsule: Markets mellow down ahead of upcoming cues on the U.S. economy and, a series of addresses from Federal Reserve officials.
Fri, Oct 13, 2023
Commodity Capsule: Potential for disruptions to Middle Eastern exports after Hamas' attack on Israel over the weekend threatened a possible wider conflict, leading to a sharp surge in Monday's session.
Wed, Oct 11, 2023
Commodity Capsule: Brent crude December contract was hovering close to $88 a barrel. It finished Tuesday’s session down 0.6 per cent.
Tue, Oct 10, 2023
Commodity Capsule: The pause in the oil rally came in the absence of estimates on how many barrels of oil produced, traded, or shipped out of the Middle East would be stranded by the latest tensions in the region.
Wed, Oct 04, 2023
Commodity Capsule: U.S. dollar strengthened on data showing U.S. job openings unexpectedly increased in August.
Tue, Oct 03, 2023
Commodity Capsule: Benchmark for U.S. gold futures tumbled 4 per cent last week for its biggest weekly decline since a nearly 6 per cent plunge during the week to June 11, 2021.
Fri, Sep 29, 2023
Commodity Capsule: Strong holiday demand from China and persistently tight US fundamentals outweighed expectations of possible supply increases from Saudi Arabia.
Thu, Sep 28, 2023
Commodity Capsule: Crude stocks at the Cushing storage hub, a delivery point for U.S. crude futures, fell by 9,43,000 barrels in the week to just under 22 million barrels, the lowest since July 2022.
Wed, Sep 27, 2023
Commodity Capsule: According to the American Petroleum Institute, US crude oil stockpiles rose last week by about 1.6 million barrels, against analysts' expectations for a drop of about 300,000 barrels.
Mon, Sep 25, 2023
Commodity Capsule: Gold flat as markets assess Fed's interest rate outlook
Thu, Sep 21, 2023
Commodity Capsule: Oil falls as rate hike expectations offset US stock draw
Wed, Sep 20, 2023
Commodity Capsule: Prices fell despite a bigger-than-expected draw in U.S. oil stockpiles and weak U.S. shale output that indicated tight crude supply for the rest of 2023.
Mon, Sep 18, 2023
Commodity Capsule: Traders will be watching decisions and commentary by central banks, including the US Federal Reserve, this week on interest rate policies, and key economic data out of China.
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