Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), fell to 2.6% annually in August from 3.3% in July, the U.S. Bureau of Labor Statistics (BLS) reported on Wednesday. This figure was lower than market expectations of 3.3%. The United States will release its August Producer Price Index (PPI) on Wednesday. The report, compiled by the Bureau of Labor Statistics (BLS), will be released one day before the Consumer Price Index (CPI) for the same month, scheduled for Thursday. Both indexes measure inflation, with the CPI focusing on the total...
Silver is trading around $40.6 per ounce, near its highest level since 2011. Positive sentiment stems from expectations of a Fed interest rate cut this month and growing safe-haven demand amid uncertainty over US tariff policy. On the industrial front, silver's prospects are also supported by surging demand for the green energy sector. China's solar cell exports surged more than 70% in the first half of this year, particularly to India, strengthening the outlook for global silver consumption.Silver prices at the time of writing were up 2.21% at $40.653/Toz.DISCLAIMER Note: This article is...
Gold prices rose to their highest level in more than four months as many investors sought a safe haven amid uncertainty over US President Donald Trump's trade tariffs. This rise was also supported by speculation that the Federal Reserve (The Fed) would cut interest rates in September. Furthermore, the US dollar weakened, making gold a more attractive investment option. Spot gold prices are currently near the record high reached in late April. Uncertainty intensified after a court declared the trade tariffs illegal, although they remain in effect until October while Trump plans to appeal....
World oil prices rose on Tuesday (September 2nd), triggered by the escalation of the Russia-Ukraine conflict. Brent and WTI surged after a Ukrainian drone attack crippled Russian oil processing facilities, which account for a significant portion of supply capacity. This situation sparked concerns about global supply disruptions and prompted investors to return to the energy market. Although geopolitical sentiment lifted prices, the medium-term outlook remains clouded by a production surplus. Surging output from the United States and other producers is expected to create a supply glut of up...
Silver prices (XAG/USD) strengthened, approaching their highest level since 2011. From a macro perspective, the rise was driven by strong expectations that the Fed will cut interest rates this month after PCE inflation data matched expectations, which held down real yields and pressured the US dollar—a combination that has historically been positive for precious metals. Safe-haven sentiment also remained strong amid policy and geopolitical uncertainty, boosting interest in safe-haven assets like silver. Source: Newsmaker.id-(alg)
Oil prices rose about 1% on Monday (September 1st) as a weaker dollar and Russia-Ukraine tensions threatened supply, with Brent at $67.96 and WTI at $64.66. Despite the gains, the market remains clouded by the OPEC+ supply surplus and weakening global demand. Looking ahead, analysts estimate a supply glut of up to 1.6 million barrels per day by the fourth quarter of 2025. Investors are now focused on the OPEC+ meeting and US employment data, which could influence interest rate policy and commodity demand. Oil prices at the time of writing were at $67/96 oz. DISCLAIMER Note: This article...
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
It...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Poland shot down a drone in its airspace on Wednesday with the support of military aircraft from its NATO allies. This is the first time a member of the Western military alliance is known to have...