Commodities Analysis & Opinion

Last week, the Bank of Japan offered to buy an unlimited amount of JGBs. What does it mean for the gold market?After Draghi’s speech at the end of June, many significant central banks turned...

Strong recovery on crude oil from 42.00 has unfolded in impulsive manner, so can either be wave 1) or A) that is part of a three wave rise. That said, we will now expect more upside to follow, as...

Crude Oil: The latest weak rebound circled on the chart strengthens the bearish scenario as the range trading scenario is becoming less relevant. Original Post

Gold: Long term downtrend still intact but not far from being challenged. Original Post

Key Points: Price action appears ready to recommence a move towards the channel bottom RSI Oscillator rising within neutral territory Watch for an upside move by the metal in the week ahead Precious...

Yellen testified yesterday before the Congressional Committee on Financial Services. What do her remarks mean for the gold market? On Wednesday, Janet Yellen, the Federal Reserve Chair, testified...

WTI Crude Oil futures price expected to remain too volatile to move against all odds during this Week due to plehora of economic events impacting forex imbalancing. Trade with patience strictly with...

Hot high pressure will be a decisive factor during the week of July 16th, 2017 which may attract buyers at the lower levels from $2.820 to $2.868 amid growing volatility ahead. Every sudden doward...

Gold, more than most other substances, has been integral to myth, legend and fairy tale. Gold's desirability stems from that most human of characteristics – vanity. The metal itself isn't...

Weather and fungus outbreak concerns are bullish for coffee pricesCold seasonal weather in Brazil and coffee rust outbreak in Honduras may negatively affect coffee supply. Will coffee prices continue...

Gold today New York closed yesterday at $1,220.30.London opened at $1,222.15 today. Overall the dollar was weaker against global currencies, early today. Before London’s opening: - The GBP/USD...

There are no “sure things” in the financial markets. There are however, certain “high probability” things. Like for instance, a summer sell off in soybeans (and corn for that...

Off BalanceDespite a record drawdown from US oil inventories and the fact that Saudi exports to the US are at a 30 year low, the International Energy Agency (IEA) is backtracking their prediction of a...

I was initially going to try to write something about equities (specifically, the ES), but Good Lord, what on earth is there to say except…………endless abortions. What I mean...