USOil Upbeat on Fed Cut Hopes but Demand Fears Persist
The commodity managed to rebound from its 16-month low on market bets for aggressive Fed easing, but pricing seems stretched, while demand fears don’t to go away
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The commodity managed to rebound from its 16-month low on market bets for aggressive Fed easing, but pricing seems stretched, while demand fears don’t to go away
After July’s plunge, natural gas priced have posted a moderate rebound, but they struggle ahead of key resistance
Oil prices dropped to their lowest levels in nearly nine months as concerns over weak demand and potential increases in supply weighed heavily on the market. Despite hopes for a recovery, the outlook remains subdued with oversupply and economic uncertainties dominating the scene.
The non-ferrous metal runs its third losing month, as fears of an AI bubble and US recession have extrapolated the post-record highs decline
Demand fears prevailed over geopolitics following the soft US jobs report that led to a growth scare and market rout
Risks of a wider conflict in the Middle East are not enough to lift USOil, as demand fears persist following recent poor data from China
XAU/USD regains its footing after the pullback from its record peak on prospects of Fed cuts, ahead of Friday’s PCE inflation report
The barrage of rate cuts in China – a key consumer and producer – did not impress market and prices of the commodity continue their decline
After a four-week profitable streak, USOil faces headwinds as consumption concerns resurface and IEA reiterates view for a substantial slowdown in demand growth
Copper prices pulled back sharply form the May record peak, but rebound over the past several days and fundamentals remain supportive
USOil runs its fourth straight profitable week and reached the highest levels in nearly three months, boosted by tightening fundamentals
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