Tag Archive: Wheat

Commodities Weekly: Palladium up for seventh session as bullish bets rise

Precious metals PALLADIUM continues to be preferred by speculative investors, with net long positions reaching their highest since July 10. The commodity is enjoying a strong bullish streak, rising for seven straight sessions and posting gains of 8.5% in that…
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Commodities Weekly: Copper nears 15-month low as fresh tariffs announced

The commodity space has generally struggled today amid escalations in the US-China trade war. US President Trump announced a 10% levy on Chinese imports from September 24, rising to 25% next year.  China has said it will decide today how…
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Commodities Weekly: Gold short bets at highest in 17 years

The dollar’s resurgence on safe haven buying after more Trump rhetoric on tariffs and firmer US yields on the back of a strong US jobs report is taking its toll on most precious metals. Copper and oil are struggling from…
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Commodities Weekly: Gold below $1,200 as Turkey tremors boost dollar

Many commodities are falling victim to the dollar’s strength as risk-aversion trades gain popularity. Most agricultural assets are suffering from supply overhangs while metals continue to take the cue from gold and head lower. Oil prices have struggled to rally…
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Commodities Weekly: Oil prices firmer as Iran sanctions set to kick in

Oil prices are edging higher on supply concerns involving both Saudi Arabia and Iran while hot, dry weather across the northern hemisphere is having an effect on anticipated harvests in the agricultural sector and also increasing expected demand for energy…
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Commodities Weekly: No traction for commodities as the dollar softens

The US dollar is facing a mild period of weakness ahead of a slew of central bank rate decisions and key data this week. Despite the dollar’s retracement, commodities have mostly failed to capitalize. Precious metals are still pressured by…
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Commodities Weekly: Gold saved by dollar’s retracement

Overall, the first salvos in the US-China trade war has undermined confidence in the metals space, with traditional safe-haven assets struggling for traction as other havens offer better returns. The energy sector has been driven higher by supply concerns, while…
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