Commodities

7 July 2026
CFTC Data Show Speculators Expand Bearish Bets on Australian Dollar as Net Shorts Deepen

CFTC data show speculators increased AUD net shorts to -17.7K, reflecting rising bearish sentiment and downside pressure.

7 July 2026
Crude war premium fades as OPEC+ raises output and US supply surges, pressuring prices lower

War premium evaporates as supply rises; WTI $68.50, Brent $72; contango signals oversupply, bearish outlook.

7 July 2026
Australian Dollar slips towards 0.6900 as cooling inflation dents expectations of further RBA tightening

Australian dollar slips near 0.6900 as inflation cools, RBA hike odds fade; AUD/USD consolidates bearish.

6 July 2026
Brent slides after weekly gain as OPEC+ adds supply and Iran eyes Hormuz transit fees

Brent’s weekly rise fades as OPEC+ boosts supply, while Hormuz fees and strikes fuel volatility, pricing fragmentation.

6 July 2026
Brent Hovers Near Multi-Month Lows as OPEC+ Raises Quotas

Brent oil analysis: UKOUSD trades near $72 as higher OPEC+ quotas, recovering Gulf exports and weak Chinese imports raise broader oversupply concerns.

6 July 2026
WTI Holds Near Four-Month Lows as OPEC+ Output Rises and Iran Waiver Looms

WTI rose near $69 as Strait of Hormuz normalised; OPEC+ hikes and Iran waiver talks pressure prices.

6 July 2026
OPEC+ August Output Increase Seen Capping Crude, Prompting Options and WTI-Brent Spread Trades

OPEC+ plans August output hike, pressuring crude prices; strategy favors selling calls, hedging puts, watching spread.

6 July 2026
New Zealand ANZ Commodity Price Index drops 1% in June, dimming NZD outlook

ANZ Commodity Price Index slid 1% in June, signaling softer exports, dovish RBNZ, and bearish NZD outlook.

4 July 2026
Oil slides as US–Iran talks fuel supply hopes; Commerzbank eyes EIA forecasts and OPEC+ quotas

Oil prices slide on US–Iran optimism; Commerzbank cites sentiment-driven glut fears, watching EIA forecasts and OPEC+.

3 July 2026
Gold Extends Rally as Softer US Payrolls Lift Bullion

Gold price analysis: XAUUSD trades near $4,180 as weaker-than-expected US payrolls, a softer dollar and lower oil prices support the recovery.

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