Gold prices traded in sideways last week while trapped within the large range of USD1475 – USD1525 /oz. This week, we aim for no change in this market sentiment as the market is caught in mixed activi…
Commodity
Commodity Market Report – 15 Jun 2019
Gold prices have been trading sideways last week in mixed sentiment. Traders are speculating in market as rising expectation of FED fund rate cut in September. However, we are still adopting a neutral…
New game plan in Malaysia to overcome challenges on palm oil
MALAYSIA is banking on its people as part of the government’s new game plan to combat the issue of perception on palm oil. Primary Industries Minister Teresa Kok (picture) said Malaysia has to raise t…
Asia cleans up commodities industry with transparent trading
LAUSANNE, Switzerland/TOKYO — Moves to improve transparency in commodities trading are spreading in Asia as resource-exporting countries make efforts to tackle deforestation and corruption. Japa…
Commodity Market Report – 4 Mar 2019
Gold prices dropped on Friday unexpectedly and settled below USD1300 /oz level. This week, we project the trend will be weak and likely reach USD1280 /oz region before bargain-hunting steps into marke…
Commodity Market Report – 25 Feb 2019
GBP/USD has encountered strong resistance at 1.3100 last week. Market is much influenced by BREXIT sentiment as traders adjust their position in mixed trading activity. This week, we forecast the tren…
Commodity Market Report – 28 Jan 2019
Gold prices spiked up strongly on Friday before market closed as Dollar fell. This week, we presume the yellow metal will go higher but also encounter strong selling pressure at 1310.0 – 1320.0 range.…
Commodity Market Report – 14 Jan 2019
Gold prices have broken above the previous resistance at USD1240 /oz and now threading at USD1255 /oz area now. This week, we foresee the trend will reverse into ascension after the quick consolidatio…
Commodity Market Report – 7 Jan 2019
Gold prices reached 1298 /oz on last Friday and retreated. The trend will begin to consolidate for a while due to profit taking and fund will flight to Crude prices for technical recovery. This week, …
Commodity Market Report – 24 Dec 2018
Gold prices have broken above the previous resistance at USD1240 /oz and now threading at USD1255 /oz area now. This week, we foresee the trend will reverse into ascension after the quick consolidatio…