Commodities

28 May 2026
Brent dips below $100 as Iran deal hopes clash with export bottlenecks and subdued US supply growth

Brent dips below $100 on Iran deal hopes, but logistical delays and weak US output limit supply.

28 May 2026
Dollar steadies near 99 as Middle East tensions and PCE data steer Fed rate outlook

Dollar steady near 99 as Middle East tensions and Fed hike bets focus attention on PCE data.

28 May 2026
Russia’s April industrial output beats forecasts, underpinning rouble carry appeal and steady commodity supply

Russia’s April industrial output rose 1.9%, beating forecasts, supporting ruble strength, steady commodities, and subdued equity volatility.

28 May 2026
Brent slips below 50-day average as SocGen flags Hormuz risk and downside levels

Brent breaks 50-day average, tests $96 support; Hormuz tensions fuel volatility, with outcomes ranging $85–$200.

28 May 2026
Brent Tests $96 Support as SocGen Flags Hormuz Reopening Scenarios and Volatility-Driven Price Risks

Brent breaks 50-day average; $96 support crucial. Hormuz reopening may push $85; delays risk $150–$200 spikes.

27 May 2026
Brent recoups part of sell-off as US–Iran deal optimism fades and volatility spikes

Brent rebounds then slips as US-Iran deal hopes fade; volatility jumps amid Hormuz demands, asset talks concerns.

27 May 2026
Australia’s Q1 Construction Upside Lifts GDP Expectations, Reinforces Higher-for-Longer RBA Outlook

Australia construction up 0.9% Q1; stronger GDP outlook, hawkish RBA, AUD gains, commodities bullish, rate cuts delayed.

27 May 2026
India’s WPI surge widens gap with CPI as oil costs threaten inflation pass-through

India caps fuel pass-through, containing CPI, but surging WPI signals looming spillover, driving hawkish RBI, volatility.

27 May 2026
Societe Generale sees Hormuz closure pushing Brent towards $200 as inventories slide and recession deepens

SocGen stress case: Hormuz shut through 2026, inventories plunge, Brent near $200; traders eye calls, spreads.

27 May 2026
Canadian dollar steady as USD/CAD stalls near 200-day average, Scotiabank flags fair value below

USD/CAD holds near 1.3800, stalling at 200-day MA; fair value 1.3672 suggests downside toward 1.3750.

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