Commodities
Truist lifts gold rating to neutral on rate outlook and dollar softening
Analysts cite stabilizing real yields, central bank demand and technical breakout as gold recovers from 15% drawdown. Upgrade follows softer U.S. data and Treasury buyback expansion.
Swiss watch exports rise 9.6% in July, led by U.S. demand
July shipments reached 2.63 billion francs, extending a rebound that has pushed year-to-date exports 0.9% higher despite a mid-year slowdown. U.S. sales surged 26.5%, while France more than doubled its imports.
FTSE 100 edges lower as Middle East tensions lift oil prices
London’s blue-chip index slipped 0.03% as Brent crude surged 2.4% amid U.S.-Iran standoff over the Strait of Hormuz. Anglo American and JD Sports led sector declines.
Hormuz disruption adds measurable risk premium to oil prices
Saudi crude imports to the U.S. fell 91% as refiners ran at multi-year highs, signaling a durable supply shift tied to Strait of Hormuz constraints.
Iraqi crude emerges as key alternative as China, U.S. reroute oil flows from Hormuz
Chinese refiners and U.S. importers are pivoting to Iraqi oil as Gulf supply via the Strait of Hormuz faces disruption. The shift is compressing Iraqi grade discounts and reshaping regional refining margins.
Gold extends gains as Treasury yields fall and dollar weakens
Analysis highlights supportive macro backdrop for gold, with technical levels suggesting potential for further upside toward 4,597 if resistance breaks. Risks remain tied to Fed policy and yield dynamics.
Kazatomprom posts 9% revenue growth in H1 2026 as uranium prices rise
Kazakh uranium producer Kazatomprom reported a 9% year-over-year increase in revenue to 718 billion tenge, driven by higher uranium prices and production growth, despite a decline in net profit.
Oil, LNG markets brace for prolonged squeeze as Hormuz flows plunge
Diesel and refined fuel crack spreads surge as Strait of Hormuz flows fall to 11% of pre-war levels. IEA warns of 4.3 million bpd global supply drop, deepening energy crunch amid prolonged Middle East conflict.
Gold prices rise above $4,580 on technical breakout; targets $4,626
Technical analysis suggests gold could test $4,626 after breaking above key resistance levels, with macro factors including lower yields and geopolitical risks supporting gains.
Wheat buyers shift sourcing as Black Sea attacks tighten supply
Chicago futures surge 17% since July as Asian buyers seek alternatives to Black Sea wheat disrupted by Ukrainian port strikes. Egypt and Indonesia among nations scrambling to secure cargoes.
Oil prices hold near multi-week highs on Middle East supply risks
Brent and WTI futures rise modestly as geopolitical tensions in the Strait of Hormuz threaten crude flows. Market watchers see limited downside amid tight supply dynamics.
Gold, silver surge as U.S. Treasury boosts long-dated bond buybacks
Longer-dated Treasury buybacks doubled to $4 billion per operation as debt tops $40 trillion, sending gold and silver higher amid dollar weakness and debasement trade speculation.
Gold Royalty Corp. outlines 2030 production target of 30,000 ounces
Company details growth plan at Micro-Cap Virtual Conference, targeting 500% to 600% output increase by decade's end amid $120M-$150M annual revenue outlook.
Atome secures funding for 300MW Paraguay solar feasibility study
London-listed Atome PLC will conduct a solar feasibility study near its Paraguay fertilizer plant, with funding from a multilateral development bank. A 300MWp capacity is planned.
Gold miners in Asia, Australia surge after overnight bullion rally to $4,523
Asian and Australian gold miners jump up to 15.9% as spot gold holds above $4,500 following its biggest overnight rally in nearly three months, fueled by a weaker dollar and U.S. Treasury bond buyback plans.
North Dakota oilfield activity rises as crude prices climb toward $80
Rig count increases to 33 in August from 27 in July as Bakken crude trades at a $4.39 premium. Operators cite sustained price strength and Middle East supply risks as drivers.
Gold, silver surge to records; traders weigh profit-taking risks
Precious metals hit historic peaks in Asian trading as momentum buying accelerates, but intraday volatility and crowded positioning raise the odds of a sharp correction ahead of the U.S. session.
Südkorea testet Arktis-Route nach Europa trotz EU-Sanktionsrisiko
Erste Containerschiff-Pilotfahrt durch Russlands Nordostpassage soll Fahrzeit um bis zu 35% verkürzen, doch westliche Partner warnen vor Kooperation mit Moskau.
Gold extends streak toward third weekly gain on safe-haven demand
Metal holds gains near $4,500/oz after U.S. Treasury debt buyback plan fuels yield and dollar drop; technical levels point to $4,660 if support holds.
U.S. accelerates gasoline supply measures as Iran sanctions pressure fuel costs
EPA waives summer-blend rules to boost domestic gasoline supply amid elevated pump prices and escalating sanctions on Iran. Sanctions campaign fails to ease oil market jitters.
Why day traders should weigh gold vs silver spreads beyond per-ounce costs
Gold’s tighter per-ounce spread masks higher total trading costs for CFD contracts, while silver’s wider per-ounce gap can translate to lower contract-level expenses. Analysis highlights how contract size, session dynamics and platform settings shape intraday execution costs.
Iran tensions lift European gas prices to five-month high
European gas futures rose 1.6% to €66.75/MWh amid stalled U.S.-Iran talks and slow storage refill ahead of winter. Storage levels at 61.82% signal limited time to rebuild inventories.
Mexico detects first screwworm case in Sonora state, activates emergency protocols
Sonora governor confirms infestation, orders containment measures as USDA prepares to lift cattle import ban. State health officials cite no immediate risk to livestock.
Oil steadies near one-month high as Iran war risks linger
Brent and WTI crude settle higher after U.S. threats to Tehran; Strait of Hormuz blockade and Middle East supply disruptions keep prices elevated.