Commodities Analysis & Opinion

Today's announcement from Bank of England was more dovish than expected. The split vote was 8-1 (Danske Bank: 7-2, consensus: 7-2).The lower oil price and stronger sterling are the main reasons why...

Though maintaining its broader weakness, crude oil may see a recovery higher on correction in the days ahead. Resistance is located at the 46.00 level where a break will expose the 47.00 level. A...

If you’ve studied psychology, and specifically behavioral finance, you might be familiar with the concept of adversity quotient (AQ), which measures how well someone is able to face and cope...

Shares of Barrick Gold Corporation (NYSE:ABX) slid after the gold miner, the world's largest in terms of output, cut its dividend by 60% despite reporting a narrower second quarter loss.Barrick's...

Is crude oil on its way to much lower prices? A year ago, crude started a bear market as it broke below multi-year support, taking it below a line of support that has been in play for the past 7...

Gold – Retail FX traders remain heavily long gold versus the US dollar and indeed have remained so since the precious metal’s price crossed below $1200 in May. It is perhaps worth noting...

Oil can't seem to find a bid even after the Energy Information Administration (EIA) reported a whopping 4.4 million barrel drop in weekly crude oil supply, much larger than expected. In what seems to...

China’s recent stock market gyrations have some analysts now calling China the biggest bubble in history. But those who write off China because of market volatility are missing a more important...

The day before the US jobs report can always be an interesting one. Many times we will see the volatility dry up as market participants wait for the data release, leaving the price discovery to...

Reader Matt writes ...Hello Mish, I love your blog. I read it every day. You are my non-conspiratorial viewpoint on the economy. Your work keeping an eye on and analysis of Greece lately has been very...

The price of oil is up and down as commodity markets are averagely active. Brent is going for $49.79 per barrel (+0.3%). WTI with delivery next month is trading around $49.05 (-0.15%)....

Talking Points:Brent oil returned below $50 as increased gasoline stockpiles spooked supply concerns Copper advanced due to a fall in China’s inventories Gold stayed sidelined awaiting US data...

Oil prices climbed after the EIA report showed that US crude inventories dropped more than forecast last week, providing signs of return in US demand.US crude stockpiles fell 4.4 million barrels last...

Gold is still moving within a very narrow range and movements are very slow, while fluctuation continues around 161.8% Fibonacci at 1086.00. Potential price explosion could be seen, although ADX is...