Analysts at Brown Brothers Harriman & Co. (BBH) continue holding a bullish view on the prospects for the U.S. dollar.
Analysts at Brown Brothers Harriman & Co. (BBH) continue holding a bullish view on the prospects for the U.S. dollar.
Chief economist at Euro Pacific Capital is bullish on gold. In his view, gold will climb in the coming year. Now he is even more bullish that demand for the yellow metal will rise.
Commodity bull super-cycle gives a positive outlook for commodities. As for the precious metals sector, which includes yellow metal, strategists at Wells Fargo adopt a neutral position on its dynamics.
Ewa Manthey, analyst at ING, noted that this year has been quite challenging for commodity markets. The fall in supply and problems with shipments pushed up prices and volatility. Manthey believes the following year to be characterized the same, by higher volatility and uncertainty.
Mamdouh Salameh is an expert in global energy. In an interview with RIA Novosti,
Gold prices are usually under pressure on the eve of economic downturns, but once a recession finally comes, gold outperforms other types of assets in terms of bringing returns, including stocks.
The situation for cyclical commodities is likely to remain volatile and challenging. But Credit Suisse experts suggest the value of gold could rise at the end of 2023.
On Wednesday, Finland's first floating LNG terminal arrived at the southern port of Inkoo. In this way, the Scandinavian country will be able to substitute Russian gas supplies.
Dmitry Peskov said that it was Russia’s sovereign right to respond to the oil price cap imposed by the G7 countries. According to the Kremlin spokesman, Russia didn’t discuss its oil cap response with OPEC+.
EQT is the largest gas producer in the United States. According to the report, its output dropped by 30% due to the recent low temperatures. The main problem was that the frost hindered the normal functioning of the company's wells located in the Appalachian basin.