Content
All Posts > Content under Basic Materials / Commodities
Gold Price Holds Strength Ahead Of US Core PCE Inflation
Article By:
Sagar Dua
Read
Thursday, March 28, 2024 6:37 AM EDT
Gold price hovers around $2,200, exhibiting strength ahead of US core PCE Price Index data. The US Dollar refreshes to a six-week high amid cautious market sentiment. 10-year US bond yields rise as Fed rate cut bets for June have dropped.
Elliott Wave Technical Analysis: Corn
Article By:
Peter Mathers
Read
Thursday, March 28, 2024 5:45 AM EDT
In the intricate world of commodities trading, particularly in the realm of corn prices, the Elliott wave theory offers a compelling lens through which we can analyze recent movements and anticipate future trends.
In this article: CORN
Three Top U.S. Chemical Stocks To Buy In April
Current Analysis: Sociedad Química Y Minera De Chile
Article By:
Fredrik Arnold
Read
Wednesday, March 27, 2024 10:33 PM EDT
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium, specialty and standard potassium fertilizers, iodine, and solar salts. Over the past year, SQM’s share price fell 40% from $80.96 to $48.50.
In this article: SQM
More Cuckoo Than Ever
Article By:
Tim Knight
Read
Wednesday, March 27, 2024 8:16 PM EDT
With cocoa prices soaring about 400% in a matter of months, going long Easter bunnies on Sunday might be a shrewd move.
Grains Report - Wednesday, March 27
Article By:
Jack Scoville
Read
Wednesday, March 27, 2024 2:48 PM EDT
Rice closed lower and at new lows for the move, but recovered from its worst losses of the day in the second half of the session.
The Energy Report: API Surprise
Article By:
Phil Flynn
Read
Wednesday, March 27, 2024 11:50 AM EDT
The American Petroleum Institute (API) reported a massive 9.337-million-barrel increase in crude supply along with a much larger-than-expected 2.392-million-barrel increase in crude oil supply.
Oil Bulls’ Failure And Its Implications
Article By:
Anna Radomska
Read
Wednesday, March 27, 2024 11:00 AM EDT
Although crude oil moved slightly higher after yesterday’s open, the commodity finished the day under the nearest major resistance, the upper border of the red rising wedge.
The Commodities Feed: Steel Demand In China Disappoints
Article By:
ING Economics
Read
Wednesday, March 27, 2024 10:05 AM EDT
The pick-up in Chinese steel demand remains slower than expected this year, continuing to weigh on steel profit margins and iron ore prices.
Gold Analysis: Attempts To Break $2200
Article By:
Mahmoud Abdallah
Read
Wednesday, March 27, 2024 9:15 AM EDT
Technical indicators are moving towards strong levels of saturation with buying, and accordingly, selling operations may occur to take profits if the US dollar gains momentum.
In this article: GLD
Elliott Wave Technical Analysis: WTI Crude Oil - Wednesday, March 27
Article By:
Peter Mathers
Read
Wednesday, March 27, 2024 8:00 AM EDT
Since mid-December 2023, WTI has been ascending in a corrective manner.
In this article: OIL
Current Analysis: Gerdau SA
Article By:
Fredrik Arnold
Read
Tuesday, March 26, 2024 9:10 PM EDT
Gerdau SA (GGB) produces steel and steel products. Over the past year, Gerdau’s share price fell 8.35% from $4.67 to $4.28 as of Tuesday’s market close.
In this article: GGB