Market Fundamentals: The Dollar Index (USDX) topped off 108.00 recently and declined last week. Traders expect another FOMC rate cut on 18 December before year-end. Market fund is likely to return to …
Commodity
Commodity Market Report – 2 Dec 2024
Gold spot prices fizzled out from USD2721 /oz last week. Moving forward, we reckon the market will stay weak and trade lower within USD2700 – USD2760 /oz. By market correlation, we expect a technical …
Commodity Market Report – 4 Nov 2024
Gold spot prices topped off USD2790 /oz level that is recorded as all-time-high in market. This week, we predict the high volatility in Dollar that might influence the yellow metal. Technically, the m…
Weekly Rubber Report – 4 Nov 2024
Market Fundamentals: Dollar Index (USDX) traded sideways within 103.50 – 104.50 region last week but pulled up on Friday. This week, we foresee very volatile market in Dollar trend due to the uncertai…
Commodity Market Report – 28 Oct 2024
Gold spot prices traded largely within USD2720 – USD2760 /oz as we predicted last week. The market is prone to climb higher in coming weeks due to the potential fall in Dollar. This week, we rec…
Weekly Rubber Report – 28 Oct 2024
Market Fundamentals: Rubber prices stayed weak last week due to persistent strengthening of the U.S. Dollar. This week, market traders will closely monitor the upcoming fiscal data from Japan and U.S.…
Commodity Market Report – 21 Oct 2024
Gold spot prices ascended and closed at record high USD2720 /oz on Friday. This week, we predict the yellow metal will continue to climb into the uncharted territory and aim for the USD2800 /oz target…
Weekly Rubber Report – 21 Oct 2024
Market Fundamentals: Dollar Index (USDX) topped off 103.70 level and probably will move into sideways correction. We expect a tight range within 102.70 – 103.50 will occur this week. Precious metals h…
Commodity Market Report – 14 Oct 2024
Gold spot prices were well supported above USD2605 /oz last week. This week, we target an initial range to trade within USD2620 – USD2680 /oz region. Piercing above this range will aim for USD27…
Weekly Rubber Report – 7 Oct 2024
Market Fundamentals: Dollar Index (USDX) surged last week from below 100.00 benchmark to above 102.00 for the weekend close. This week, we foresee the greenback might trade into a technical correctio…