The USD/JPY benefits from performance differentials between the US and Japan, pushing prices above 147.00. Japan’s economy is still at risk after Trump threatened with a 25% tariff to all Japanese imports from August 1. The USD/JPY bulls push the relative force index (RSI) up, pointing out an increase in the bullish impulse. The US […]
Agitation in the copper market after the announcement of US tariffs – Commerzbank
As expected, the announcement of the president of the US, Trump, of 50% import tariffs on copper has led to agitation in the affected market. The price of copper negotiated in Comex reached a peak of almost 590 cents of dollar per pound (equivalent to $ 13,000 per ton). The price in the London Metal […]
Gold ETFs see the strongest flows in the first half of the year since 2020 – Commerzbank
A few days ago, the World Gold Council published data on Gold ETF holdings for June, says Commerzbank Commodities analyst Carsten Fritsch. The impact of ETF purchases on prices has decreased “According to this, there was a monthly increase of 75 tons. In the second quarter, net purchases by ETF investors amounted to 170 tons, […]
OPEC+ does not intend to increase oil production after September – Commerzbank
OPEC+ will probably increase oil production in September and then take a break, according to Bloomberg, citing delegates familiar with the matter. The risk of overability can prevent OPEC+ reversing production cuts “This suggests an increase in production of another 550,000 barrels per day in September. The withdrawal of volunteer production cuts of almost 2.2 […]
Russia exports less crude oil despite a rise in the production target – Commerzbank
According to Bloomberg data, crude oil exports per sea of ​​Russia fell to an average of 3.12 million barrels per day in the last four weeks, says CommerzBank raw material analyst Carsten Fritsch. Russian oil exports reach a minimum of four months “This is the lowest level in more than four months. The increase in […]
EIA does not expect an additional increase in crude oil production in the US – Commerzbank
The US Energy Information Administration (EIA) has reviewed its forecast for the production of crude oil American, says CommerzBank raw material analyst Carsten Fritsch. EIA cuts the US oil production again. “Now awaits an average annual production volume of 13.37 million barrels per day for this year (previously 13.41 million). The majority of the downward […]
Price of the dollar in Brazil today: the Brazilian real continues strongly pressured down after Trump’s tariff coup
He Real Brazilian records losses close to 1% this viernis After having fallen Thursday at its lowest price in five weeks. The descent began late Wednesday, when Donald Trump announced that he would impose a 50% tariff to Brazil from August 1. The last day of the week, the USD/BRL has moved between a daily […]
EUR/USD under pressure while Trump’s tariff threats reinforce the US dollar
The EUR/USD goes back to minimum of two weeks as risk aversion raises the demand of the US dollar. Commercial tensions intensify as President Trump indicates general tariffs of 15–20% to nations that have not yet received formal tariff letters. The markets do not foresee interest rates on the part of the ECB at the […]
The silver shines above $ 37.00 while the XAG/USD reaches a new annual maximum
La Plata reaches a new 2025 maximum as tariff tensions raise the demand for safe refuge. The bullish impulse remains strong as the white metal rises towards the resistance of 38.00. XAG/USD benefits from its double role as safe refuge and industrial metal. La Plata (XAG/USD) is quoting in a new maximum of the year […]
The IBEX 35 slides with force weighed by BBVA and fluidra
The IBEX 35 falls 0.84% ​​on the last day of the week, reaching minimum four sessions at 13,987. The actions of Banco Bilbao Vizcaya Argentaria SA (BBVA) slide 2.73% daily, visiting minimums of July 7 at € 12,955. Fluidra titles (FDR) lose 2.45% today, operating the time to write about € 22.34. The president of […]