Commodities Weekly No relief for prices Most industrial and energy commodity prices fell again this week as mounting protectionism and China’s subdued PMI data for July raised concerns about the outlook for commodities demand. That said... 3rd August 2018 · 1 min read
Commodities Weekly Reprieve for commodities may prove short-lived Commodity prices rebounded a little this week as the EU and US agreed to hold off on any additional tariffs while trade negotiations are underway. However, prices may struggle to hold on to these... 27th July 2018 · 1 min read
Commodities Weekly Trade tensions likely to continue to weigh on prices There were further falls in most commodity prices this week as concerns about the negative impact on demand of heightened protectionism dampened investor sentiment. With Donald Trump threatening that... 20th July 2018 · 1 min read
Commodities Weekly Trump ups the ante on trade For the most part, commodity prices continued to fall this week as Donald Trump stoked the fire of trade tensions by proposing that $200bn of China’s exports to the US would be subject to a 10% tariff... 13th July 2018 · 1 min read
Commodities Weekly Trade concerns wreak havoc Almost all commodity prices fell this week as the deadline for the imposition of US tariffs on China loomed large. The tariffs came into effect on Friday, and China retaliated in kind. Also on Friday... 6th July 2018 · 1 min read
Commodities Weekly Oil bucks the trend Most commodity prices fell this week on fears of a slowdown in the Chinese economy and rising trade tensions between the US and China. The exception was oil, which jumped on the announcement of a new... 29th June 2018 · 1 min read
Commodities Weekly OPEC: Will they, won’t they? Most commodity prices fell sharply this week on concerns that the rise in trade tensions between the US and China could spiral into a full-blown trade war. There were particularly sharp drops in the... 22nd June 2018 · 1 min read
Commodities Weekly Fears of protectionism weigh on prices The Fed’s decision to hike its target rate by 25bp and the announcement that the US was going to press ahead with a 25% tariff on imports of Chinese goods prompted a rally in the dollar, which in turn... 15th June 2018 · 1 min read
Commodities Weekly All eyes on Trump The EU, Canada and Mexico all announced retaliatory tarrifs on certain imports from the US this week. Although we doubt that this is the start of a full-blown trade war, the risk of one is greater now... 8th June 2018 · 1 min read
Commodities Weekly Trade back in focus It has been a busy week on the news front. The early part of the week was dominated by the political crisis in Italy, which weighed on the euro. Later in the week, President Trump announced that he... 1st June 2018 · 1 min read
Commodities Weekly Oil takes a tumble Agricultural commodities were some of the star performers this week as a truckers’ strike in Brazil raised concerns about supply. In contrast, metals prices struggled, as the trade talks between China... 25th May 2018 · 1 min read
Commodities Weekly Oil rallies on Iran jitters Oil prices continued to benefit from the uncertainty surrounding President Trump’s decision to pull the US out of the 2015 nuclear deal with Iran, this week. However, heightened geopolitical risks... 18th May 2018 · 1 min read
Commodities Weekly Oil prices jump on US sanctions Donald Trump’s announcement that he will pull the US out of the nuclear agreement with Tehran and re-impose sanctions on Iran’s crude exports caused oil prices to jump this week. Meanwhile, China’s... 11th May 2018 · 1 min read
Commodities Weekly Markets looking for direction There was little in the way of market-moving data or news this week. China’s PMI data for April were broadly unchanged on the month, painting a picture of relative stability. Meanwhile, although the... 4th May 2018 · 1 min read
Commodities Weekly Quiet after the storm The earlier surge in oil and industrial metals prices came to an abrupt halt this week as oil stabilised and there were sharp falls in the prices of some metals. In particular, the US Treasury’s... 27th April 2018 · 1 min read
Commodities Weekly Rising tensions boost prices Geopolitical concerns continued to be the main driver of commodities prices this week. In particular, fears that US sanctions could be broadened to include Russian producer, Nornickel, buoyed the... 20th April 2018 · 1 min read
