Commodities News — page 5
Original FXMARE commodities news briefs — gold, silver, oil and energy market coverage, newest first. 265 articles.
- Iran says no discussions with US over ceasefire extension, cites lack of pact
Iranian officials state there are no talks with the United States about extending a ceasefire, arguing the pact no longer exists and that there was no agreed start date to extend.
- Oil gains on Hormuz tensions as CPI data looms, markets hold steady
Oil climbs on geopolitical risk while Asian currencies and the dollar pause ahead of the US CPI release, with crude hovering near key trend resistance
- Gold climbs as oil rebound tests Fed path, CPI in focus
Gold advances while Brent oil rebounds, with traders awaiting CPI data to gauge whether the Fed will tighten again amid oil-driven inflation signals
- German stocks slip as Hormuz tensions weigh on oil, FTSE 100 follows
German equities edged lower as tensions around the Strait of Hormuz and a rise in oil prices kept investors cautious, with similar pressure seen on the FTSE 100 amid broader risk considerations.
- Gold climbs on momentum as China demand and FOMO support rally
Gold extends gains to a multi-week high, with technical breakout and renewed risk appetite helped by China demand and market enthusiasm
- Oil holds gains as Hormuz deal hopes fade, while stock futures tread carefully
Oil prices stay higher after sharp moves as investors weigh fading expectations for a Hormuz-related deal against ongoing geopolitical tensions; meanwhile stock futures point to cautiousness amid Iran-U.S. talks prospects.
- US health agency moves to tighten oversight of food ingredients and ultra-processed foods
U.S. health authorities proceed with steps to strengthen oversight of food additives and to frame ultra-processed foods within safety considerations, signaling heightened scrutiny of the broader food supply chain.
- Oil rises as uncertainty lingers over Strait of Hormuz reopening
Oil advances as traders weigh mixed signals from the U.S. and Iran while uncertainty persists about a potential reopening of the Strait of Hormuz
- NFP Surprise Sees Dollar Slip as Gold Rises; Geopolitics Loom Over Markets
A surprising July nonfarm payrolls report coincides with rising geopolitical tensions, prompting a softer dollar and a firmer gold bid as traders weigh inflation risks and policy prospects ahead of further data.
- Oil climbs as Strait of Hormuz tensions surface over Iran draft plan
Oil markets rose on renewed worries about supply disruptions as Iran outlined restrictive draft plans for the Strait of Hormuz and discussed reopening scenarios affecting regional shipping
- Gold rises to seven-week high on Hormuz reopening hopes
Gold advances to a seven-week peak as market focus shifts to potential easing of tensions in the Hormuz Strait and softer expectations for imminent U.S. rate hikes, according to multiple outlets.
- Oil slips as Iran-Oman Hormuz talks buoy hopes for US-Iran peace deal
Oil prices ease amid renewed optimism about a potential Iran-Oman Hormuz shipping accord and hints of broader US-Iran peace talk progress, while inventories rebound and expectations shift on supply dynamics
- Oil rises after Yemen’s Houthis claim attack on Saudi tanker in Red Sea
Oil markets firmed on reports that Houthi forces claimed to strike a Saudi tanker in the Red Sea, reinforcing supply‑side risk concerns amid the regional conflict.
- Dow and S&P reach highs as crude oil slides, while overbought flags appear
U.S. equities climb to record levels amid a drop in crude oil, with indicators showing growing overbought conditions and rising short interest
- BP profits surge as Trump targets Big Oil windfalls from Q2
BP reports profits more than doubling, while Trump voices discontent with windfall gains by major oil groups, urging them to return some profits amid broader political pressure.
- Saudi Aramco profits rise as Iran tensions affect oil market
Saudi Aramco posts higher quarterly earnings amid oil-market support from geopolitical strains tied to Iran, while traders weigh uncertain US-Iran talks and their impact on prices
- Deutsche Bank pins fair value for gold as it flags explosive phase and year-end target
Deutsche Bank argues gold remains in an explosive phase and maintains its year-end target, while outlining where fair value might lie based on its latest analysis.
- Oil slips as Iran denies talks while European gas markets ease on Trump claims
European oil markets retreat modestly after Iran denies plans for talks with the U.S., even as supply fears ease and natural gas prices in Europe decline on the back of the Trump-Iran narrative
- Brent sinks on Iran peace talks, oil declines; U.S. yields dip as de-escalation hopes persist
Oil prices drop amid renewed optimism over Iran diplomacy, while stock sentiment in India improves and U.S. Treasury yields edge lower on the back of weaker dollar and growth-friendly momentum
- Asia oil stocks slide as crude falls on Iran diplomacy hopes
Oil prices retreat on renewed hopes of Iran diplomacy, weighing on Asia markets as oil equities slip while Indian equities gain on global cues and Iran peace talks prospects
- Oil declines on Iran deal hopes; yen spikes as intervention widens market moves
Markets reacted to renewed Iran deal prospects, sending oil lower while the yen strengthened and equities slid on the back of broader risk sentiment shifts
- Oil slides after Trump cancels planned strike to pursue Iran talks
Oil prices dropped after President Trump canceled a planned strike on Iran, with markets reassessing geopolitical risk as talks were set to resume on Monday without a deadline for a deal.
- OPEC+ approves September quota hike, completes rollback of voluntary cuts
OPEC+ members sanction a September production increase, marking the end of voluntary cuts and signaling a return toward baseline output amid ongoing export disruptions
- Gold, USD/JPY and risk assets poised as Fed decision murkiness grows
Markets weigh Fed decision risk against ongoing macro tensions, with USD/JPY near a multi-year high, gold under pressure near key support, and equities monitoring developments in the Middle East.
- Gold holds steady as markets await Fed decision amid oil rebound and crypto pullback
Markets awaited the Fed decision with gold steady, oil rebounds stirring inflation concerns, while Bitcoin and Ethereum pulled back ahead of the central bank decision.
- Oman presents regional Hormuz mechanism to Iran amid regional talks
Oman has proposed a regional framework for managing the Strait of Hormuz to Iran as talks with Saudi Arabia and Oman continue, with reports noting regional backing and discussions on shared governance.
- Oil slides after pause in U.S.-Iran hostilities lifts de-escalation hopes
Oil prices fell by more than 2% as renewed expectations for de-escalation between the U.S. and Iran supported a softer risk backdrop.
- Brent oil slides as US-Iran pause spurs hopes of diplomacy
Oil markets firmed on reports of a pause in US-Iran hostilities, with Brent crude posting declines as investors weighed diplomatic prospects against supply concerns
- Oil declines on US-Iran de-escalation hopes; markets rally as crude falls
Oil prices slide on hopes of de-escalation between the U.S. and Iran, while Indian shares rise as crude retreated on truce expectations, easing inflation and rate concerns ahead of major central bank meetings.
- Gold gains as Middle East tensions ease, markets reassess Fed outlook
Gold strengthens as tensions in the Middle East appear to ease, while Treasury yields fall and the dollar weakens amid shifting expectations for policy direction