Commodities

$20 Spike if Israel Hits Iran’s Oil?

The Israeli military warned that its response to Iran’s missile attack would be “serious and significant,” as Goldman Sachs forecasted that oil prices could surge by $20 per barrel if Iranian production is disrupted....

WTI: Will Iran Drag Saudi into Conflict?

Israeli officials are considering how to respond after an Iranian missile strike on Wednesday, which caused little damage, but definitely had the potential to do so....

NFP & Port Strikes: Why Jobs Matter This Week

Nonfarm Payrolls (NFP) are projected to rise by 140,000 in September, matching August's pace and pushing the three-month average job gains to the weakest level since mid-2019. The NFP data is due this Friday....

$40 Silver in Sight? BofA Says Yes

The Gold-Silver Ratio (XAU/XAG) measures how many ounces of silver are needed to purchase one ounce of gold, providing a clear example of the relative performance of each metal....

Walz vs. Vance: Markets to Watch

Democrat Tim Walz and Republican JD Vance are set to clash next week in the sole U.S. vice presidential debate, an opportunity for both candidates to bolster their running mates’ platforms ahead of the crucial November 5 election....

RSI Flags Gold Risks Before GDP, PCE Data?

Gold is set to face two major US economic data points this week, following last week’s surprise 50-basis-point interest rate cut from the Federal Reserve: U.S. GDP figures on Thursday and Core Personal Consumption Expenditures (PCE) on Friday...

Is Gold Predicting a 50-Point Rate Cut?

Gold surged to an all-time high before pulling back, as investors await the Federal Reserve’s first move to ease monetary policy in over four years....

BTC/USD: Bigger Rate Cut, Bigger Gains?

Investors are hopeful that risk assets like Bitcoin could see strong gains if the Federal Reserve cuts interest rates by 50 basis points instead of the previously anticipated 25 basis points....

50-50 Odds for Big Rate Cut this Wednesday

The Federal Reserve’s upcoming rate decision is teetering on a knife’s edge, with the odds of a significant cut climbing. According to the CME’s FedWatch tool, the chances of a 25 or 50-basis-point reduction are now evenly split at 50-50....
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