Monthly Archives: June 2025
Commerzbank’s Thu Lan Nguyen observes that gold prices were largely unchanged after the Fed’s meeting
Written on June 20, 2025 at 7:13 pm, by anakin
Gold steadies as Fed holds rates; geopolitical tensions, rate cut prospects support safe-haven demand amid uncertainty.
The USD dips slightly, while Fed Governor Waller hints at potential rate cuts coming soon
Written on June 20, 2025 at 6:48 pm, by anakin
Waller signals potential July rate cuts; markets rise, USD weakens, currency pairs show bearish technical shifts.
A sharp decrease of 11.5 million barrels in US crude oil inventories was reported by Commerzbank
Written on June 20, 2025 at 6:42 pm, by anakin
US crude oil inventories fell sharply, exports rose, but tight supply and narrowing WTI-Brent gap suggest caution.
Waller expressed support for discussing rate cuts in July, concerned about delaying until the job market weakens
Written on June 20, 2025 at 6:18 pm, by anakin
Chris Waller supports July rate cut, urges preemptive action before job market weakens, downplays tariff inflation impact.
Commerzbank’s Barbara Lambrecht comments on IEA’s forecast, predicting oil demand will peak by decade’s end
Written on June 20, 2025 at 6:13 pm, by anakin
Global oil demand to peak by 2030; India drives growth as electromobility cuts into fossil fuel use.
The Canadian producer price index declined by 0.5%, contrary to expectations of a 0.1% rise
Written on June 20, 2025 at 5:48 pm, by anakin
Canada’s May PPI fell 0.5%, exceeding expectations. Raw materials costs also declined but showed improvement.
After surpassing $3,400 per troy ounce, gold’s price remains stable just beneath that threshold according to Commerzbank
Written on June 20, 2025 at 5:46 pm, by anakin
Gold stabilizes below $3,400 amid Middle East uncertainties; further escalation could drive prices higher again.
Retail sales in Canada increased by 0.3%, less than the anticipated 0.5% rise
Written on June 20, 2025 at 5:19 pm, by anakin
Canada’s retail sales rose modestly in April; May outlook weakens with projected 1.1% consumer spending drop.
Due to escalating military tensions between Israel and Iran, Brent Oil price hit a five-month peak
Written on June 20, 2025 at 5:13 pm, by anakin
Brent Oil hits $79 as Israel-Iran tensions rise, sparking fears of Strait of Hormuz disruption.
An Iranian official expressed willingness to discuss uranium enrichment limitations, highlighting increased European influence amidst tensions
Written on June 20, 2025 at 4:48 pm, by anakin
Iran signals openness to uranium enrichment limits, focusing on Europe talks amid U.S. tensions and Israeli attacks.
