commodities Archives - Financial Mirror

Silver could retest sub-$22.00 levels, or two-month trough

Silver is struggling to capitalise on Thursday’s modest bounce from a two-week low. The technical setup favours bearish traders and supports prospects for additional losses. A sustained strength beyond the 200-day SMA

1st March 2024

Markets/World

Recession meltdown

By Jeffrey Halley Recession fears buffeted markets overnight, with the price action across various asset classes looking like a self-sustaining negative feedback loop, triggering more stop losses as prices slumped and dragging

6th July 2022

Markets/World

Russia-Ukraine conflict increasing inflation pressures, says Moody’s

Russia’s invasion of Ukraine and subsequent economic sanctions have increased risks to the global economic outlook, Moody’s Investors Service said in a report on Friday, adding that the magnitude of the effects

4th March 2022

Markets/World

Crude oil and copper pushing up raw material prices

For different reasons, each of the two main commodity products with high marketability, oil and copper, have for a few weeks now entered a new upward cycle, or “super cycle”, according to

9th May 2021

Markets/World

US-China tensions compound market fears, Gold’s new high imminent

By Han Tan, Market Analyst at FXTM Asian markets and US stock futures are taking a hit, following China’s tit-for-tat decision to order the US consulate in Chengdu to close. This follows

24th July 2020

Markets/World

Asian assets mixed ahead of US-China trade deal signing

By Han Tan, Market Analyst at FXTM Most Asian stocks and currencies are trading lower on Wednesday leading up to the long-awaited signing of the ‘Phase One’ trade deal between the

15th January 2020

Markets/World