Commodities

The surge in bond yields finally began to take its toll on gold prices as the end of gold with, with gold falling against basket of currencies alongside the US dollar. And that paints a grim picture for bulls at the beginning of Q4. Yet it has been a very different story for WTI crude oil which has rallied 30% in Q4. But can we really expect a similar performance in Q4?

After the Fed delivered a hawkish bias at its September FOMC meeting, it’s now up to the economic data to justify that stance on the outlook for interest rates. If it can’t, it may be difficult to sustain the upward momentum in the US dollar and bonds.

The pullback in crude oil could be deemed a healthy development, correcting an unsustainable, one-sided trade which left the contract overbought and over-loved.

Gold has a reputation of being of an inflation hedge and safe haven in uncertain times but that's not working for it right now.

Global X’s Lithium & Battery ETF, under the ticker code ‘LIT’, is one of the many victims from the recent surge in risk-free rates.

Markets are always on the move, but the speed and size of price changes is what creates excitement (and risk) for traders. So, let’s take a look at how to trade volatility, and which markets experience the highest levels of volatility.

If gold can’t weaken substantially in these conditions, when will it? And what happens when the tide eventually turns, with the US dollar and bond yields turning lower?

Whilst WTI crude oil made light work of breaking above $90, it faltered around $95 and left a potential key reversal day below historical highs. And with the potential for the Fed to be more hawkish than money markets are currently pricing in, it could shake the bullish oil tree and trigger a correction against its strong trend.

With the US dollar and bond yields soaring until just over a week ago, it’s remarkable the gold price didn’t fall further during August.

It is also worth noting that the 2-year yield printed a bearish engulfing week after a failed attempt to break and hold above 5%. And if yields continue to move lower over the coming weeks, it will likely weigh on the US dollar. Large speculators are slowly loosening their bullish grip on GBP/USD futures, with short exposure rising by 25% last week. Traders are also showing renewed bullish interest in gold and silver.

Crude oil looks set to resume its battle with sellers parked around the $84 per barrel level.

Gold facing significant two-way price risk as major inflation reports loom on the horizon.

A pivotal week for interest rates and the sustainability of the US dollar rally.

The commitment of traders (COT) report shows how large speculators are positioned across futures markets on the CME exchange.

Iron ore has been rallying hard but will stimulus speculation end in sorrow?

Gold is threatening to close lower for its 6th straight day, with potential to extend its drop toward $1865 before finding support...

The commitment of traders (COT) report shows how large speculators are positioned across futures markets on the CME exchange.