News

Chinese Gold market in expansion mode – Commerzbank
China imported large quantities of Gold from Hong Kong for the second month in a row in May. According to data from the Hong ...
Low Oil prices slow down US drilling activity – Commerzbank
US crude Oil production rose to a record level of 13.47 million barrels per day in April, according to the US Energy ...
Gold price rises again – Commerzbank
The Gold price has been on the rise again since yesterday, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen ...
Replenishment of strategic Oil reserves in the US is postponed – Commerzbank
"Of the 15.8 million barrels bought by the Biden administration for January to May, only 8.8 million barrels have been ...
Pound Sterling Price News and Forecast: GBP/USD stretches higher, approaching 1.3800 with the US Dollar
The British pound is trading with a cautiously bullish tone, finding strength above the 1.3700 level as the U.S. dollar loses ...
OPEC+ is set to increase production again – Commerzbank
The eight OPEC+ countries with voluntary production cuts are likely to decide next weekend to increase oil production by 411 ...
AUD: Weaker exports expected – Commerzbank
On Monday, the Australian government presented its quarterly forecasts for the mining and export of metals and energy, Commerzbank's FX analyst Volkmar Baur notes.
USD: What comes after the weak start to the year? – Commerzbank
The market would then effectively start to price in a politically motivated Fed that would cut interest rates independent of the data. This would certainly weigh on the US dollar. Therefore, only a ...