We'll be listening for a more dovish tone from the ECB The market is going into the European Central Bank meeting with the ...

Inflation is already at target, growth is disappointing and excess supply in the economy is growing. This will justify ...

Gold has had a record-breaking rally this year, supported by the Fed’s easing cycle, central bank purchases and safe-haven ...

Overall, we hold a somewhat bearish view on large parts of the commodities complex for 2025 on the back of relatively ...

The cost of alumina now accounts for more than half of the cost of making aluminium, compared with a usual level of between ...

The global oil market is set to return to surplus in 2025 despite OPEC+ extending supply cuts. This surplus should see prices ...

US core inflation posted a fourth consecutive 0.3% print, showing that progress towards the Fed inflation goal has clearly ...

Corn production in the EU has been under pressure this year. Output is estimated at 58.8mt, down 4.3% YoY and the third ...

The rise in warehouse stocks has come amid a surge in Chinese exports. China is usually a major net importer of refined ...

The dollar has come back bid this week. Any upside surprise to today’s US November core CPI number would trigger another leg ...

Nickel has been the worst-performing metal on the LME so far this year, with prices down around 3% year-to-date. We believe ...

Cocoa and coffee prices have seen extreme volatility this year, and we think this could be set to continue through 2025 ...