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March 12, 2025
News
The Commodities Update: US Dollar Weakness Offers Support for Market Dynamics
The Commodities Feed: US Dollar Weakness Provides Some Support Energy markets experienced a slight uptick in oil prices, largely bolstered…
March 12, 2025
News
Copper Prices Rise as Indicators Show Strengthening Demand in China
Shanghai copper prices showed notable strength on Wednesday, driven by signals of improving demand in China, a key consumer of…
March 12, 2025
News
Nigerian Bidder Offers Higher Prices for April Contracts
Traders reported that some Nigerian crude grades saw increased offers for April loading on Tuesday, while the Angolan market remained…
March 12, 2025
News
Traders Predict Swift Rate Cuts from Fed Amid Potential Economic Downturn
The Federal Reserve is not expected to reduce interest rates at its upcoming policy meeting next week. However, futures markets…
March 12, 2025
News
Trump Tariffs Ignite Economic Concerns, Placing Pressure on the Dollar’s Stability
The dollar faced challenges on Wednesday, struggling to recover from a five-month low against major currencies. This instability stemmed from…
March 12, 2025
News
Gunvor CEO Indicates Global Oil Supply Growth Surpassing Demand Levels
The CEO of Gunvor, one of the largest oil trading companies globally, has indicated that the growth in oil supply…
March 12, 2025
News
Oil Prices Rise with Weak Dollar, but Tariff Worries Limit Increases
Oil prices experienced a slight increase on Wednesday, supported by a weaker dollar, although concerns about a potential U.S. economic…
March 12, 2025
News
Soybean Market Encounters Challenges Amidst Abundant Brazilian Supply, Wheat Prices Experience Increase
Soybean prices are facing challenges from the considerable supply coming from Brazil as Chicago futures remained steady on Wednesday, hovering…
March 12, 2025
News
US Tariff Threat Sparks Boom for Physical Copper Traders Amid Market Uncertainty
The uncertainty surrounding U.S. President Donald Trump’s tariffs has created a booming environment for physical copper traders. The potential imposition…
March 12, 2025
News
Goldman Sachs Predicts Significant Increase in US Copper Net Imports
Goldman Sachs has predicted a significant increase in U.S. net copper imports, estimating a rise of 50% to 100% in…