An increase of the indicator value may contribute to the rise in quotes of AUD.
An increase of the indicator value may contribute to the rise in quotes of AUD.
Gold exceeded the level of $1,800 per ounce. After that, Jeffrey Gundlach, CEO of DoubleLine Capital, saw a good opportunity
The seaborne crude exports from RF rapidly increased last week. It has become the highest since April.
Large gas reserves in China have improved supply prospects. Suppliers are forced on LNG shipments to Europe.
Head of commodities research at Goldman Sachs Group Inc. Jeff Currie believes that commodities have the best outlook among other asset classes this year.
According to the National Bureau of Statistics of China, the level of coal output reached 4.5 billion tons last year. It is 9% bigger than the data for 2021.
76 companies have applied 115 applications to the U.K. to lease seabed areas in the North Sea to find oil and gas resources.
Gold approached the level of $1,910 ahead of releasing updated readings of certain important economic indicators. Market participants expect these indicators to give them clues, and special attention will be drawn to any signs of recession coming.
Oil prices remain stable in anticipation of economic data release this week. Markets intend to assess the potential of a recession before taking any actions.
After a notable growth of more than 8% last week, a decline in WTI oil to the level of $79 was registered on Monday.
Analyst at Macquarie Group Vikas Dwivedi believes that oil will not reach $100 per barrel in 2023. James Davis, the Head of Upstream Oil at FGE, also projects the price of oil below this level, around $72 per barrel.