Gold prices crossed above USD1800 /oz again on Friday after the payroll surged above expectation. The expectation of inflation slipped into market sentiment and triggered a flight into Gold prices. Th…
Commodity
Weekly Rubber Report – 8 Nov 2021
Market Fundamentals: Dollar Index (USDX) climbed above the 94.00 level last week and caused commodity prices to fall. The U.S. Federal Reserve has finally laid out a plan after FOMC for a long-awaited…
Commodity Market Report – 1 Nov 2021
GBP/USD failed to conquer above 1.3800 resistance last week and turned down on Friday. This week, we predict the range will encounter some profit-taking activities and contain from 1.3600 – 1.3800 reg…
Weekly Rubber Report – 1 Nov 2021
Market Fundamentals: Rubber prices bounced off USD170.0 cts/KG last week but slowed down in demand. Crude prices waned in buying interest while the U.S. economy grew 2.0 percent in Q3 seasons below ex…
Commodity Market Report – 25 Oct 2021
Gold prices protruded above USD1800 /oz on Friday but settled beneath this benchmark. This week, we forecast the trend will swing inside the range from USD1770 – USD1820 /oz. The market is still looki…
Weekly Rubber Report – 25 Oct 2021
Market Fundamentals: Dollar Index (USDX) edged below 94.00 last week and the greenback is projecting a weakening sign. This year, global inflation has brought about mixed sentiments on economic recove…
Commodity Market Report – 30 Aug 2021
Gold prices broke up above USD1800 /oz after FED chair Powell said the rate hike is not imminent. This week, we reckon the trend will be contained from USD1800 – USD1840 /oz and is expected to be in m…
Weekly Rubber Report – 30 Aug 2021
Market Fundamentals: Commodity rubber traded sluggishly last week though precious metals and energy crude have strengthened amid the weakening Dollar. Federal Reserve Chairman Jerome Powell indicates …
Commodity Market Report – 23 Aug 2021
Gold prices traded in a narrow range below USD1800 /oz last week but stayed above USD1770 /oz support. The market will be contained in this region while waiting for more fundamentals to provide a clue…
Weekly Rubber Report – 23 Aug 2021
Market Fundamentals: Dollar Index (USDX) revisited to above 93.00 level last week after U.S. Federal Reserve released minutes on tapering program before year-end. However, general commodity prices hav…