Latest on gold following Friday’s slump Gold has been trending lower since mid-April amid an energy-driven inflation scare. Following Friday’s stronger-than-expected US jobs report and a broader deterioration in risk sentiment that also weighed on equities, bullion closed below its
Forex
Commodities In the latest COT reporting week to 26 May, growing confidence in a potential US-Iran peace deal helped drive the Bloomberg Commodity Index 4% lower, with only six of the 25 major commodity futures tracked in this report posting gains. At the sector level, energy slumped more than 9%, while agriculture fell 3.5%, […]
Commodities The BCOM Index gained 1.5% during the reporting week before US inflation-led market turmoil triggered end-of-week volatility across bond yields, the dollar, and not least key commodities, particularly recently strong-performing investment and industrial metals. During the reporting week, relatively stable, yet elevated, energy prices initially supported a
Forex: The latest report showed a 53% jump in gross USD longs versus eight IMM futures to $17.5 billion – a 14-month high – up from a $19 billion short just before the Middle East conflict began, highlighting a sharp shift into the most liquid safe-haven asset. This buying occurred despite a small net […]
Forex: In forex, speculative positioning remained heavily skewed toward US dollar selling despite a modest rebound in the greenback. As a result, the gross short across the eight IMM currency futures more than doubled to a six-month high of USD 17.4 billion. Net buying was seen in all but one of the eight currencies, […]
Led by forex searches The United Arab Emirates (UAE) has ranked sixth globally in investment-related online search activity, according to a recent analysis tracking internet search behaviour across different asset classes. The report, compiled by financial platform BrokerChooser, highlights a significant rise in public interest in investing, particularly among younger
Forex: In forex, speculators ended the year holding a USD 32.3 billion net long USD position versus eight IMM futures contracts and the DXY. Apart from a brief peak last April, this was the biggest bet on a stronger dollar since mid-2019. This helps explain the sudden burst of dollar selling on Monday following a […]













