Gold oversold and underowned, Deutsche Bank analyst urges buying
Deutsche Bank's Daniel Ghali says gold is oversold and underowned, cites central bank buying, and advises buying at the LBMA conference.
Deutsche Bank's Daniel Ghali says gold is oversold and underowned, cites central bank buying, and advises buying at the LBMA conference.
The ANZ World Commodity Price Index increased 0.6% in September, led by oil-driven rises in milk powder and aluminium, while a weaker New Zealand dollar…
Japan's services PMI slipped to 51.3 in September, with employment rising at the fastest pace in months and price pressures remaining strong, supporting a…
Australia's treasurer calls the Iran war an economic disaster, citing higher inflation, rising bond yields and billions in added debt costs.
Iran accuses the US of sending secret proposals via intermediaries while publicly taking a tough stance, and says it will not engage.
OPEC+ kept November output targets unchanged. Core members are still pumping 5 million bpd below prewar levels due to the war on Iran.
The US withdrew all B-1 bombers from RAF Fairford due to security concerns over suspected Iran-linked plots, keeping bomber missions from US soil.
Iran's oil minister resigned as the country faces zero oil exports and depleting reserves.
Oil prices fell sharply after the G7 confirmed the release of up to 100 million barrels from strategic stockpiles, pushing WTI and Brent below a key technical…
European stocks are up and Treasury yields are off their highs as investors await US jobs data; oil is lower and gold is steady near $4,180.
September saw dollar strength, peso and AUD/NZD weakness, ruble and yen gains. October outlook focuses on Fed, BoJ, oil, and trade talks.
Copper is heading for its steepest weekly drop since May, while Deutsche Bank sees a rally to $22,050 and BMO raises its 2030 forecast.
The US is pressuring Germany and France to release 120 million barrels of diesel from strategic reserves as global supply tightens, sparking a political…
Asian trading was subdued as investors awaited US payrolls, the dollar stayed firm, and Tokyo's core CPI hit a 10-month high.
Dollar index touched May 2025 high ahead of US payrolls; Asian currencies weakened despite robust regional data.