Gold prices reversed from USD1900 /oz last week after sharp falls for many days. This week, we forecast the trend will be trapped from USD1900 – USD1960 /oz in consolidation. Mixed trading is expected…
Agriculture
Weekly Rubber Report – 21 Mar 2022
Market Fundamentals: The U.S. Federal Reserve raised 0.25 percent in FED Fund rates last Thursday morning (Asia hours) for the first time since 2018. Commodity prices retreated while Crude prices also…
World Bank supports Bangladesh farmers vulnerable to climate change
Bangladesh and the World Bank have signed a 120 million US dollars financing agreement to help improve the irrigated agricultural and fisheries production and increase the incomes of 170,000 poor peop…
Commodity Market Report – 7 Mar 2022
Gold prices surged on Friday after the Crude prices rose rapidly. This week, we foresee the market will be very volatile depending on the current affairs of the Ukraine crisis. The market will be cont…
Weekly Rubber Report – 7 Mar 2022
Market Fundamentals: On Friday, the Dollar Index (USDX) climbed to 98.60 which was last seen in May 2020 before the greenback fell then. This week, we reckon the Dollar Index will be strongly resisted…
Commodity Market Report – 28 Feb 2021
Gold prices will move into wild swings this week in lieu of Russia military action. Technically, we predict the range may be trapped from USD1880 – USD1920 /oz but prone to surge again if the sanction…
Weekly Rubber Report – 28 Feb 2022
Market Fundamentals: Last week, the U.S. stock markets slumped after Russia waged a war into Ukraine on Thursday. Dollar Index (USDX), precious metals, and Crude prices rocketed but retreated sharply …
Weekly Rubber Report – 21 Feb 2022
Market Fundamentals: Global inflation has lifted many major commodities prices including rubber. The recent weakening Dollar has helped to support the price escalation of energies and metal markets. T…
Commodity Market Report – 14 Feb 2022
Gold prices spiked on Friday after Ukraine tension hiked. Market soared to 12-week high at USD1858 /oz following the Crude prices jumped. This week, we reckon the trend needs to stay above USD1840 /oz…
Weekly RUBBER Report – 14 Feb 2022
Market Fundamentals: The sudden rise in Crude prices on Friday due to Ukraine tension might suppress the Dollar for this coming week. Global inflation has slipped into commodity demand and is likely t…