Market Fundamentals: Rubber prices drifted slighted lower last week following the demand fall in Crude prices. The stimulus in discussion among U.S. lawmakers is still uncertain while President Trump …
Commodity
Commodity Market Report – 28 Sep 2020
Gold prices faltered last week as Dollar gained strength. This week, we reckon the resistance will emerge at USD1900 /oz in case of a trend reversal. In our opinion, there is a high possibility to see…
Weekly Rubber Report – 28 Sep 2020
Market Fundamentals: Rubber prices traded in whipsaw last week amid as U.S. Dollar rose. Government of rubber producing countries are helping to support the plantation sector. Strong Dollar Index (USD…
Commodity Market Report – 21 Sep 2020
Gold prices threaded in small sideways around USD1960 /oz last week. The market is trapped in uncertainty with no directional trend. This week, we propose it will depend largely on Dollar factor to mo…
Commodity Market Report – 14 September 2020
Gold prices have been trading in a tight range from USD1920 – USD1960 /oz recently. This week, we foresee the market may nosedive in unexpected trend below USD1900 /oz. Traders are reminded to prepare…
Weekly Rubber Report – 14 September 2020
Market Fundamentals: Many commodities including rubber, precious metal, energies have toppled for the past fortnight as Dollar Index (USDX) began to rise. Since the beginning of September. USDX has ri…
Commodity Market Report – 7 Sep 2020
Gold prices ebbed lower last week as Dollar reversed up slightly. This week, we presume the support at USD1920 /oz will be a crucial level for observation as the violation will drive the prices down t…
Weekly Rubber Report – 7 Sep 2020
Market Fundamentals: Crude prices traded lower before the weekend and affected the demand for Rubber prices. Recovery in the Dollar Index (USDX) also put a lid on the Rubber prices. The sell-down in m…
Commodity Market Report – 31 Aug 2020
Gold prices traded sideways throughout last week and pretty neutral in sentiment. This week, we foresee the trend will be contained from USD1920 – USD1980 /oz until the price movement breaks out. Even…
Weekly Rubber Report – 31 Aug 2020
Market Fundamentals: Rubber prices lifted last week after FED chair Powell commented of a changed approach to a slower rate hike in future. Dollar Index (USDX) fell below 93.00 level after his stateme…