Copper's Slide Draws Bullish Calls From Deutsche Bank and BMO
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.
02/10/2026 10:129 min read
Commodities News
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Gold steadies after Fed officials downplay rate hike urgency
Dovish Fed remarks support gold above 4,140; all eyes on US NFP data.
02/10/2026 08:317 min read
Gold treads water below $4,200 ahead of US payrolls report
Gold trades in a narrow range below $4,200, with focus on the upcoming US non-farm payrolls report.
02/10/2026 07:237 min read
US pressures Europe to tap diesel reserves as tightness worsens
The US is pressuring Germany and France to release 120 million barrels of diesel from strategic reserves as global supply tightens, sparking a political…
02/10/2026 05:4111 min read
US warns Europe of diesel export ban unless strategic reserves are tapped
The US has warned Germany and France to release diesel reserves or face a potential export ban.
01/10/2026 23:2114 min read
Fuel Supply Curbs by China and Russia Could Pressure Bitcoin in October
China halted fuel exports for October and Russia extended its diesel ban, potentially raising inflation and giving the Fed reason to hike rates, which could…
01/10/2026 22:1114 min read
Oil stands as the biggest obstacle for gold, BofA cautions, and a slide under $4,000 is possible.
BofA reiterates a $5,000 gold outlook for 2027 but warns oil, yields and fragile ETF positioning could push prices toward $3,750 first.
01/10/2026 21:5315 min read
Mystery projectile hits oil tanker in Strait of Hormuz, triggering fire; crew safe
A tanker in the Strait of Hormuz was hit by an unidentified projectile, sparking a fire. The crew is safe, but damage is unknown.
01/10/2026 20:219 min read
Gold holds gains but technical ceiling keeps sellers in charge
Gold rises $9 to $4,169 but remains capped by the 100-hour moving average, keeping sellers in control.
01/10/2026 16:119 min read
Gulf oil exports rebound despite risks, but product markets lag, Goldman and JPMorgan find
Goldman and JPMorgan see Gulf crude exports back near normal, but refined product flows remain weak.
01/10/2026 13:049 min read
Crude oil jumps as patience wanes in US-Iran standoff
Oil rallied as traders grow impatient with lack of US-Iran progress, erasing earlier losses.
01/10/2026 10:028 min read
Three pillars could support gold after 3.8% drop this year, says Morgan Stanley
Morgan Stanley outlines three supports for gold despite a 3.8% decline this year: central bank buying, bond intervention, and oil-linked inflation.
01/10/2026 07:569 min read
Gold prices seen capped by US-Iran impasse and strong NFP threat
Gold prices rallied briefly after soft PCE data before reversing. The focus is on the US-Iran impasse and the upcoming NFP report.
01/10/2026 07:4510 min read
Gold's recovery uncertain below $4,200 as Treasury yields stay high
Gold rose 0.4% to $4,170 but remains below $4,200 as elevated Treasury yields limit recovery conviction.
01/10/2026 05:036 min read
Axios: Rubio ejected Iran UN team from New York after talks broke down
Marco Rubio ordered Iran's UN delegation out of the US after talks stalled, Axios reported. The move showed deep distrust between the two countries.
01/10/2026 00:5013 min read