Gold prices reached USD1900 /oz as we predicted last week. The Ukrainian war tension pushes strong demand into yellow metal and might continue this week. Technically, we foresee the range will be cont…
Commodity
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…
Commodity Market Report – 10 Jan 2022
Gold prices fell off USD1830 /oz last week and closed below USD1800 /oz on Friday. This week, we foresee the trend will recover due to the weaker Dollar and range from USD1780 – USD1820 /oz region. Tr…
Weekly Rubber Report – 10 Jan 2022
Market Fundamentals: The U.S. nonfarm payroll showed sluggish growth at 199,000 in December and put a lid on all stock markets. Last week, policymakers also reiterated that the tapering program is in …
Commodity Market Report – 8 Nov 2021
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…
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…