Oil and Gold Reignite: U.S. Escalation Reignites Global Market Tensions

Oil and Gold Reignite: U.S. Escalation Reignites Global Market Tensions

Under the weight of geopolitical and trade tensions, oil and gold post strong gains, reflecting deep concerns in global markets.

 

Content

 

 

Oil

Surges Above $66 as U.S. Vows to Cripple Iranian Crude

Oil prices continued their upward momentum for the second consecutive day, fueled by renewed U.S. pressure on Iranian oil exports.
Brent crude surpassed the $66 per barrel mark, rising by nearly 2%, setting the stage for its first weekly gain this month.
Meanwhile, West Texas Intermediate (WTI) hovered near $63 per barrel.

The American move followed new sanctions on China’s Shandong Shengxing Chemical Co. Ltd.,
accused of purchasing over $1 billion worth of Iranian crude in defiance of existing sanctions.
U.S. Treasury Secretary Scott Bessent affirmed that Washington will intensify its efforts to isolate Iranian oil supplies from the global market.

In response, Tehran voiced strong objections, warning that such policies could derail the nascent nuclear negotiations with the United States,
amid escalating regional and global tensions.

Despite the escalation, some analysts believe the actual impact may be limited,
noting that Tehran and Beijing have built alternative financing and transport networks
that reduce dependence on the international financial system.

Adding further support to prices, U.S. government data revealed a drop in crude inventories at the Cushing,
Oklahoma delivery hub, hitting their lowest seasonal levels since 2008.

Still, gains remain modest when compared to the sharp losses earlier this month,
where prices plunged over $10 per barrel due to concerns over chaotic tariff decisions
by President Donald Trump that cast doubt on global economic growth and energy demand.

Meanwhile, the OPEC+ alliance continues to pressure member countries to adhere to output quotas.
However, recent data shows limited compliance by Iraq and Russia,
while Kazakhstan—historically non-compliant—recorded a more than 40% surge in inventories.

 

 

 

 

 

Gold

Shines Amid Economic Uncertainty, Reaches Historic Highs

Amid intensifying trade tensions and unclear U.S. policy signals, gold continues to glitter as investors’ top safe haven.
The precious metal rose by 0.4% to reach $3,357.78 per ounce,
following a dramatic 3.5% leap on Wednesday—its biggest daily gain since March 2023.

The risk-off rally was driven by warnings from Federal Reserve Chair Jerome Powell,
who emphasized that the ongoing trade war is destabilizing markets and threatening economic resilience.
The U.S. dollar’s drop to a six-month low further bolstered gold’s rally.

Since the start of the year, gold has soared by 28%, surpassing the already strong 27% gain recorded in 2024.
Analysts attribute this exceptional performance to a mix of factors, including tariff uncertainty,
slowing economic growth, inflation concerns, and growing expectations for interest rate cuts.

By early morning in Singapore, gold stood at $3,351.79 per ounce, while silver, platinum,
and palladium also posted gains—reflecting sustained investor demand for safe-
haven assets amid global market turbulence.

 

 

 

Oil and Gold Reignite: U.S. Escalation Reignites Global Market Tensions

Global Markets on Edge: Oil Fluctuates While Gold Shines

Global Markets on Edge: Oil Fluctuates While Gold Shines Amid Trade Tensions and Geopolitical Shifts

Amid intensifying trade disputes between the U.S. and China and renewed nuclear negotiations between Washington and Tehran,
global markets are witnessing dramatic shifts in oil and gold prices.
While oil faces pressure from supply-demand imbalances, gold continues to soar as investors seek safe-haven assets.

 

Topic
Oil in the Spotlight

Gold Holds Strong

 

 

 

 

Oil in the Spotlight

Struggling with Expectations and Iranian Uncertainty

Modest Gains After Sharp Losses:
Oil prices saw a slight rebound after a quiet trading session on Monday. Brent crude traded above $65 per barrel,
while West Texas Intermediate hovered near
$62, following a drop of nearly $10 since the start of the month.

 

Trade War Dents Global Demand:
The ongoing trade war between the world’s two largest economies — the U.S. and China — has shaken global energy demand outlooks.
This led energy agencies to
revise demand forecasts downward,
while fears of oversupply grew after an
unexpected move by OPEC+ to increase production faster than anticipated.

 

Hope on the Horizon: Iran Nuclear Talks Resume:
Over the weekend, high-level nuclear discussions between the U.S. and Iran
— the first since 2022 — were described by both sides as “constructive.”
Another meeting is scheduled for
this Saturday in Rome,
raising the possibility that Iranian oil could return to the global market,
given Iran’s role as an OPEC member.

 

Forecasts Turn Cautious:
OPEC reduced its oil consumption forecasts for the next two years by around 100,000 barrels per day.
Meanwhile,
JPMorgan revised its average Brent price projection for this year to $66 per barrel,
reflecting growing caution among analysts.

 

 

 

Gold Holds Strong

Investors Seek Refuge from Economic Storms

Near Record Highs:
Gold remained steady near record levels, trading at around $3,223 per ounce,
after hitting a peak of over
$3,245 on Monday.
The metal benefited from growing anxiety over potential
U.S. tariffs on semiconductor and pharmaceutical imports.

 

The Safe Haven Dominates:
Gold has risen more than 20% this year, supported by global market volatility and fading confidence in traditional U.S. assets like Treasury bonds.
Weakened demand for the dollar and increased inflows into gold-backed ETFs have also boosted the metal’s performance.

 

Fed Policy Boosts Bullion Appeal:
Federal Reserve Board member Christopher Waller stated that trade-related inflation would likely be temporary,
and suggested that
interest rate cuts are “firmly on the table” for the second half of the year.
Lower rates typically enhance gold’s appeal, as it doesn’t yield interest.

 

China Drives Demand:
China, the world’s largest gold market, has seen a surge in both speculative trading and ETF inflows,
supporting the bullish trend.

Investment bank Goldman Sachs predicts that gold prices could reach $4,000 per ounce by mid-2026,
citing strong institutional demand and continued central bank purchases.

 

 

Global Markets on Edge: Oil Fluctuates While Gold Shines Amid Trade Tensions and Geopolitical Shifts

Oil Under Pressure from Trade Tensions, Gold on Alert

Oil Under Pressure from Trade Tensions, Gold on Alert

Commodity markets are witnessing significant volatility amid ongoing geopolitical tensions and sudden shifts in economic policies,
with oil facing an unstable trajectory while gold remains in a state of cautious anticipation.

 

Topic

Oil

Gold

 

 

 

 

Oil

Global Turbulence Amid U.S. Tariffs and Weak Chinese Demand

Oil extended its wave of volatility as investors reacted to the unexpected shifts in U.S. tariff policy.
Following a brief relief rally sparked by President Donald Trump’s announcement of a 90-day suspension on certain tariffs,
futures returned to losses as tariffs on China were simultaneously raised to 125%.

Brent crude fell below $65 per barrel after posting its strongest daily gain since October,
while West Texas Intermediate (WTI) crude hovered near $62. Analysts indicated that this rebound is unlikely to be sustainable
amid a lack of signs of de-escalation in the U.S.-China trade war.

As the world’s largest oil importer, China faces internal challenges that are weighing on demand,
including a prolonged real estate crisis and the rapid adoption of electric vehicles.
Official data also showed continued consumer inflation decline and falling factory prices,
reflecting deeper economic weakness that may curb fuel and petrochemical consumption.

This comes as the OPEC+ alliance accelerated its production easing at a pace that exceeded expectations,
raising fears of a larger global supply glut—especially as parts of the oil futures curve entered into
contango,
a pricing pattern signaling future price declines,
with March 2026 Brent contracts trading lower than those of the following three months.

 

 

 

Gold

Caution Amid Diverging Monetary Policies and Geopolitical Risks

Although detailed gold movements were absent in this round, the broader global market context suggests
that gold continues to act as a safe haven asset amid rising trade tensions and economic uncertainty.

Traditionally, gold benefits from weakening trust in the global economy, particularly during times of geopolitical instability or currency weakness.
With growing concerns about a potential global recession and China’s slowing growth,
gold may gain further support in the coming periods—especially if major economic indicators continue to disappoint.

As markets await key inflation and interest rate reports from the United States and Europe, gold remains in a watchful state,
with investors preparing for potential developments that could reshape the landscape of commodities and safe haven assets.

 

 

Oil Under Pressure from Trade Tensions, Gold on Alert

 

Global Markets Under Tariff Pressure: Cautious Movements

Global Markets Under Tariff Pressure: Cautious Movements in Oil Prices and Notable Stability in Gold

Markets are experiencing sharp fluctuations amid the escalation of the trade war,
leading to mixed movements in oil and precious metal prices.

 

Contents:

 

 

 

 

 

Oil

Cautious Rebound After a Wave of Decline

Crude oil prices recorded a slight uptick after three consecutive sessions of decline,
as a relatively calmer tone returned to the markets and investors assessed the latest developments in U.S. trade policy.
In Asian trading, West Texas Intermediate (WTI) crude surpassed $61 per barrel after losing nearly 15% of its value over the past three days.
Meanwhile, Brent crude closed above $64, although it remains close to its lowest level in four years.

These movements come in light of U.S. President Donald Trump’s threats to impose an additional 50% tariff on Chinese imports—China being the world’s largest crude oil importer—raising new fears of a global economic recession that could weaken energy demand.

Oil prices were also affected by the OPEC+ alliance’s decision to increase production more than expected, altering market balance forecasts.
The intensifying trade war prompted major financial institutions like Goldman Sachs and Morgan Stanley to lower their oil price forecasts for the coming quarters. Société Générale also revised its outlook downward, citing the threat posed by U.S. tariffs on the Chinese economy and global demand for crude.

 

 

 

 

 

Gold

Remarkable Stability Backed by Economic Concerns

Amid trade tensions, gold maintained its stability at $2,989 per ounce, benefiting from heightened demand for safe-haven assets.
This steady performance coincided with growing fears that
the global economy may enter a recession due to the escalating protectionist policies adopted by the U.S. administration.

Despite declining over the past three sessions, gold has gained more than 13% since the beginning of the year,
driven by investors’ search for safe assets during periods of economic and geopolitical uncertainty.
However, extreme market volatility may still prompt some investors to liquidate their gold holdings to cover losses elsewhere.

On the policy front, President Trump reaffirmed his commitment to the tariff plan despite warnings of a potential recession,
while expressing openness to negotiate with trade partners.
Alongside gold, silver, palladium, and platinum prices remained stable,
and the Bloomberg Dollar Spot Index showed little change.

 

 

Global Markets Under Tariff Pressure: Cautious Movements

The Impact of U.S. Tariffs on Metals and Energy Markets

The Impact of U.S. Tariffs on Metals and Energy Markets: A Strategic Outlook for Executive Leadership

Trump’s Trade War Escalation Disrupts Metals and Energy Markets, Raising Global Slowdown Fears

 

Topic

Metal

Energy Sector

 

 

 

 

Metal

Risk-Off Sentiment Pressures Industrial Metal Prices

Global markets witnessed a sharp decline in industrial metal prices — most notably copper, aluminum, and zinc
— following President Donald Trump’s announcement of a new round of reciprocal tariffs.
These measures are viewed as a significant escalation in the global trade war,
prompting widespread investor concerns over a potential slowdown in demand for industrial commodities.

Although some metals have been exempted from direct tariffs,
the broader trade policies threaten global supply chains and cast uncertainty over industrial growth prospects,
putting substantial downward pressure on key commodity prices.

 

Copper in the Crossfire: Trade Flows and Pricing Disruptions

Copper prices fell by 2% on the London Metal Exchange to $9,510.5 per ton, while U.S. contracts dropped by 2.6%.
This decline reflects mounting concerns over the potential inclusion of copper in future tariffs.
Aluminum is already subject to a 25% tariff under “Section 232,” and copper could follow suit in the coming weeks.

According to Citi Group analysts, copper could slide further to $8,500 per ton in Q2 2025 if trade tensions persist and global industrial growth continues to weaken.

 

A Shift in Investment Behavior: Safe-Haven Assets Take the Lead

As uncertainty rises, investors are increasingly turning to safe-haven assets.
Gold surged to a record high of $3,167.84 per ounce, driven by global fears over the broader economic impact of Trump’s tariff strategy.
Gold was notably one of the few commodities exempted from these tariffs, further enhancing its appeal.

This trend underscores a noticeable shift in investor risk appetite —
a signal for executive leadership to revisit risk management and hedging strategies.

 

 

 

 

 

 

Energy Sector

Exemptions Don’t Ensure Stability

Despite the exemption of oil and natural gas from the new tariff framework, energy markets were not immune to the volatility.
Brent crude dropped 3.2% to $72.52 per barrel, while West Texas Intermediate fell below $70.
This reaction reflects growing concerns about the broader economic implications of the trade war and its effect on global oil demand.

The White House stated that tariffs will be applied to countries with the largest trade imbalances,
granting temporary relief to Canada and Mexico.
However, increased tension with the EU and China (facing tariffs of 20% and 34% respectively)
could lead to abrupt shifts in global energy trade dynamics.

 

Tariffs: Geopolitical Lever or Economic Burden?

Trump framed the new tariff package as a fulfillment of campaign promises, positioning it as a tool to showcase American economic strength.
While the geopolitical goals are clear, the immediate impacts on growth, cost structures,
and supply-demand dynamics represent significant risks to industrial sectors.

Analysts like Marcus Garvey of Macquarie Group warned of the negative implications for global growth and high-risk assets,
emphasizing that the limited exemptions on commodities won’t prevent a widening gap between domestic and global pricing.

 

Strategic Recommendations for Executive Leaders

  • Evaluate Supply Chain Resilience: Reassess contracts and identify alternative raw material sources in anticipation of future restrictions.
  • Enhance Financial Hedging: Consider strengthening hedging positions in metals and energy to mitigate price volatility.
  • Monitor International Policy Developments: Closely track evolving trade disputes between the U.S. and its partners to better assess their market and operational impacts.
  • Update Operational Scenarios: Revise demand and cost projections based on emerging political and trade developments.

 

 

 

 

 

The Impact of U.S. Tariffs on Metals and Energy Markets

Volatility in Commodity Markets Oil and Gold in the Spotlight

Volatility in Commodity Markets Oil and Gold in the Spotlight

The global commodities market is experiencing a state of anticipation and fluctuation,
driven by intertwined geopolitical and economic factors—most notably, the prices of oil and gold.
While declining oil inventories point to a potential supply shortage, gold continues its upward trajectory,
supported by strong demand from central banks and investors seeking safety amid global economic uncertainty.

 

Contents

 

 

 

Oil

Cautious Stability Amid Inventory Decline and Diverging Outlooks

Oil prices have shown relative stability following the largest drop in U.S. crude inventories since December,
heightening concerns about a near-term supply shortage.
Brent crude traded near $74 per barrel, while West Texas Intermediate (WTI) fell below the $70 mark.

According to government data, U.S. crude inventories declined by 3.34 million barrels last week,
pushing gasoline stocks lower as well—reflecting growing demand and tightening supply.

Since early March, U.S. sanctions and tariffs—imposed by President Donald Trump’s administration
—have supported the rise in oil prices, amid fears of supply disruptions from countries like Iran and Venezuela.
This has led traders to purchase bullish oil options as a hedge against further price increases.

Despite this momentum, the outlook remains divided.
Major oil trading companies such as Trafigura and Gunvor remain pessimistic about the continuation of the price rally,
citing abundant supply—particularly from outside the OPEC+ alliance.
The alliance is also expected to begin gradually increasing output in the coming period,
as part of a planned effort to reintroduce suspended supplies to the market.

 

Gold

A Historic Rally Driven by Central Bank Buying and Investor Sentiment

Gold continues to post strong gains, buoyed by optimistic forecasts from leading financial institutions,

most notably Goldman Sachs, which raised its year-end price target to $3,300 per ounce.
The bank attributes this to stronger-than-expected demand from central banks and significant inflows into gold-backed exchange-traded funds (ETFs).

Goldman Sachs analysts Lina Thomas and Dan Struyven noted that official gold demand could average around 70 tons per month this year,
up from their previous estimate of 50 tons.
The precious metal surpassed the psychologically important $3,000 per ounce threshold for the first time,
marking a 15% increase so far this year, bolstered in part by the Federal Reserve’s ongoing monetary easing policy.

Central banks—particularly in emerging markets—appear to be rapidly accumulating gold.
Reports suggest that countries like China may continue to amass gold at a fast pace for at least the next three years.
These developments are seen as a structural shift in reserve management strategies,
further reinforcing steady demand for gold in the foreseeable future.

As for gold-backed ETFs, inflows have surprised analysts, indicating a renewed appetite among investors for hedging against market volatility.
If this trend continues, prices may reach new record highs—potentially surpassing $3,680 per ounce by year-end,
a level last seen during the peak of the COVID-19 pandemic in 2020.

 

 

 

Volatility in Commodity Markets Oil and Gold in the Spotlight

Global Markets Waver Between Gold Volatility and Oil Stability

Global Markets Waver Between Gold Volatility and Oil Stability Amid Trump’s Trade Threats
Gold and oil prices are reacting to growing uncertainty as
President Donald Trump’s trade threats continue to cast a shadow over global markets.

 

🔹Topic

Gold
Oil

 

 

 

 

✨ Gold: 

Holding Near Record Highs Amid Trade War Fears
Gold stabilized after three consecutive sessions of losses, trading near $3,010 per ounce—just $50 below last week’s all-time high.
The market remains on edge following Trump’s latest tariff threats,
including a 25% tax on Venezuelan oil imports and potential levies on car imports.

Despite Trump’s conflicting statements, gold remains supported by persistent concerns over a possible global trade war and geopolitical instability driven by U.S. policies.
So far in 2025, gold has gained 15%, following a strong 25% increase in 2024.
Other precious metals showed mixed movements: silver and platinum slipped slightly, while palladium held steady.

 

 

 

 

 

🛢️ Oil: 

Prices Stay Firm Despite U.S. Pressure on Venezuela
Oil prices maintained recent gains amid Trump’s renewed threat to sanction any country purchasing crude oil from Venezuela
—fueling fears of tighter global supply.

West Texas Intermediate (WTI) crude traded above $69 per barrel after rising 1.2% on Monday, while Brent closed at $73.
The proposed 25% tariff on Venezuelan oil and gas—set to take effect on April 2
—could disrupt supply to key refineries in China, India, Spain, and the United States.

These escalating trade measures have amplified market volatility,
with oil futures falling more than 10% since hitting their peak in mid-January,
despite the short-term price support driven by supply fears.

 

 

 

 

Global Markets Waver Between Gold Volatility and Oil Stability Amid Trump’s Trade Threats

Global Commodity Markets: Oil, Gold, and Aluminum Movements

Global Commodity Markets: Oil, Gold, and Aluminum Movements Amid Economic Volatility

The global commodity markets are experiencing significant fluctuations,
with oil prices influenced by supply and demand balance, gold benefiting from rising economic concerns,
and aluminum facing challenges related to production and costs.

 

Contents

 

 

Oil

Price Stability Amid Supply and Demand Balance

Global oil prices remained relatively stable in today’s trading,
as markets balanced expectations of increasing global demand against fears of economic slowdown.
Brent crude remained near $85 per barrel, while West Texas Intermediate (WTI) crude stabilized around $81 per barrel.

 

Key market factors include:

  • OPEC+ maintaining its production cut policies to support prices.
  • Rising fuel demand in China, the world’s largest oil importer.
  • Concerns over global economic slowdown and its impact on energy consumption.

Investors are closely monitoring U.S. economic data, as any signs of easing inflation could support oil prices by boosting demand.

 

Gold

Prices Surge Amid Rising Economic Concerns

Gold prices rose in global markets today, benefiting from a weaker U.S. dollar and increased demand for safe-haven assets amid economic uncertainties.
Gold climbed to
$2,150 per ounce, supported by several factors, including:

  • Expectations of interest rate cuts by the Federal Reserve, which reduces the dollar’s appeal and boosts gold demand.
  • Geopolitical tensions, driving investors toward safe-haven assets.
  • Increased central bank purchases, especially in emerging markets, to strengthen gold reserves.

Given these factors, analysts anticipate that gold may face resistance at $2,180, while $2,100 remains a key support level in case of price corrections.

The spot gold price rose by 0.4% to reach $3,047.93 per ounce, while silver, platinum, and palladium prices declined.

 

 

 

Aluminum

Price Fluctuations Amid Supply and Production Challenges

Aluminum prices fluctuated significantly today, influenced by supply and demand dynamics,
along with environmental policies that limit production from major manufacturers.
The price of aluminum stabilized at
$2,350 per ton on the London Metal Exchange, with several key factors at play:

  • Production cuts in China, the world’s largest aluminum producer, due to carbon emission reduction policies.
  • Increasing industrial demand, particularly from the automotive and renewable energy sectors, supporting price growth.
  • Rising energy costs, adding financial pressure on global smelters.

Analysts expect that prices will continue to be influenced by developments in the Chinese market,
along with ongoing supply constraints and changes in global production costs.

 

Conclusion

Commodity markets are experiencing heightened volatility, driven by economic and geopolitical factors shaping price trends.
While
oil remains stable due to production policies, gold benefits from market uncertainties,
and
aluminum faces supply-side challenges. Investors remain watchful of upcoming economic data and its potential impact on global markets.

 

 

Global Commodity Markets: Oil, Gold, and Aluminum Movements Amid Economic Volatility

Commodity Markets Under the Influence of Geopolitical Tensions

Commodity Markets Under the Influence of Geopolitical Tensions and Global Economic Changes

Commodity markets are experiencing mixed movements driven by geopolitical tensions and economic developments,
raising questions about the future direction of oil, gold, and base metal prices.

 

Contents:

 

 

Oil

Oil prices stabilized after a two-day rise, supported by economic expectations for China and
geopolitical risks in the Middle East.
Brent crude traded near $71 per barrel after a 1.7% increase in previous sessions,
while West Texas Intermediate (WTI) crude surpassed $67 per barrel.

These movements came amid optimism from the world’s largest oil consumers, as China plans to boost consumption,
while U.S. retail sales showed stronger-than-expected results despite a slight slowdown.
At the same time, geopolitical tensions escalated as U.S. President Donald Trump stated
that Houthi attacks on shipping vessels in the Red Sea are considered direct threats from Iran.
Additionally, the U.S. administration tightened sanctions on Iran’s energy sector, adding to market uncertainty.

 

Impact of Sanctions on Iran and Oil Prices

Oil prices remain about $12 below their January peak due to increasing downward market pressures.
A growing global trade war threatens demand, while OPEC+ is set to raise production starting in April.
According to the International Energy Agency, the market is already facing a potential supply surplus.

Analysts at ANZ Group noted that U.S. sanctions on Iran could reduce supply by about one million barrels per day,
partially offsetting OPEC+’s gradual production increase.
Under these conditions, the immediate price spreads between crude oil futures have widened,
with the three-month Brent crude spread rising to $1.38 per barrel compared to its earlier low of $1.08.

 

Gold

Record High in Gold Prices Amid Middle East Tensions

Gold prices reached a record high, surpassing $3,017 per ounce,
driven by investor concerns over a slowing U.S. economy and escalating Middle East tensions,
which increased the appeal of gold as a safe-haven asset.

Gold rose by 0.6% on Monday before continuing its gains following Israeli airstrikes on Gaza,
which threatened an already fragile ceasefire.
Meanwhile, disappointing U.S. retail sales data affected the markets,
as they increased less than expected, causing a decline in U.S. Treasury yields, further boosting demand for gold.

 

Economic Outlook and Strengthening Gold’s Position

With market uncertainty persisting, concerns over the global economy have strengthened gold’s value
as a store of wealth during uncertain times.
The yellow metal has gained over 14% since the beginning of the year,
prompting several major banks to raise their gold price forecasts.

Spot gold prices stabilized at $3,014.06 per ounce after reaching an unprecedented level.
Meanwhile, the Bloomberg Dollar Index remained steady, with limited movement in silver prices,
while platinum and palladium recorded slight gains.

 

 

 

 

Copper

Copper Prices Surge Amid China’s Pledge to Boost Consumption

Copper prices reached a five-month high after China announced a plan to stimulate consumption and increase spending,
aiming to revive its economy as the world’s largest consumer of the metal.

The Chinese government introduced new measures over the weekend to boost spending by raising individual incomes.
Consumption in the country showed faster growth at the start of the year,
helping offset the impact of tariffs imposed by President Donald Trump,
which have put pressure on Chinese exporters. Retail sales grew by 4% in the first two months of the year, surpassing expectations.

Despite this, China’s real estate sector, a key pillar of metal demand, continues to struggle and has not yet hit its lowest point.
New home prices fell at a faster rate last month despite government efforts to support the market.

 

Aluminum

Aluminum Sees Recovery Amid Rising Production

Copper prices rose by 0.8%, reaching $9,861.50 per ton on the London Metal Exchange, the highest level since October.
Aluminum also increased by 0.2%, reaching $2,687 per ton,
driven by a 2.6% rise in China’s production to 7.32 million tons in the first two months of the year.

Chinese smelters benefited from higher profit margins due to rising product prices, allowing for more flexible production capacity.

 

Outlook for Commodity Markets

Amid ongoing geopolitical tensions and global economic changes, commodity prices remain volatile.
While China’s stimulus plans support demand for metals, oil prices face pressure from rising production and economic concerns.
Meanwhile, gold continues to gain strong momentum as a safe-haven asset, driven by fears of a global recession.

As markets anticipate monetary policy decisions and global economic shifts,
commodity prices will remain influenced by multiple factors,
ranging from economic policies to geopolitical conflicts,
making the upcoming period full of challenges and opportunities for investors.

 

 

 

Commodity Markets Under the Influence of Geopolitical Tensions and Global Economic Changes

 

The Most Anticipated News for Trading This Week

The Most Anticipated News for Trading This Week: This week is packed with highly anticipated news and economic events
shaping trading across significant markets.
Traders will closely monitor these developments,
from interest rate decisions by the Federal Reserve and the European Central Bank to key data
on oil, gold, and major currency pairs like USDJPY and EURUSD.
This article provides an overview of the economic calendar
and insights into how these events may impact oil, gold, the Nasdaq, and forex markets.

 

Content
Economic Calendar

Oil

Gold

USDJPY

Nasdaq

EURUSD

 

 


Economic Calendar

Monday, January 27, 2025

Manufacturing PMI (January) – China – 04:30

New Home Sales (December) – United States – 18:00

Tuesday, January 28, 2025

CB Consumer Confidence Index (January) – United States – 18:00

Wednesday, January 29, 2025

Bank of Canada Interest Rate Decision – Canada – 17:45

Federal Reserve Interest Rate Decision – United States – 22:00

Thursday, January 30, 2025

German GDP (Quarterly) (Q4) – Germany – 12:00

Lending Interest Rate (January) – Eurozone – 16:15

European Central Bank Interest Rate Decision (January) – Eurozone – 16:15

GDP (Quarterly) (Q4) – United States – 16:30

Friday, January 31, 2025

German CPI (Monthly) (January) – Germany – 16:00

Core Personal Consumption Expenditure Price Index (YoY) (December) – United States – 16:30

Core Personal Consumption Expenditure Price Index (MoM) (December) – United States – 16:30

 

Oil

Oil returned to bearish trading last week after Donald Trump’s comments regarding increased U.S. oil production,
which heavily pressured oil prices, especially with the ongoing yen crisis.
Oil traded at around $74.5; if it breaks the $73 level, bearish momentum may continue,
targeting the following support levels near $70.
However, if a reversal price action emerges near the current sub-demand levels,
the oil may see a new rise toward $77 per barrel.

 

Gold

Gold is trading near its historical highs after increasing market risks last week,
Donald Trump’s continuous remarks drive investors to turn to gold as a haven.
Gold closed last week at $2,770, retreating from $2,785,
which might lead to a slight bearish correction to retest the support
levels around $2,760 before rising again towards the historical peak at $2,790,
potentially setting new record highs in the coming weeks.

 

 

 

 

USDJPY

The USDJPY pair stabilized around 155.95 after the Bank of Japan raised interest rates by 25 basis points last week,
strengthening the yen against a basket of currencies.
Provided it remains below the 156.67 level, the pair is expected to target 153.40 in the upcoming period.

 

Nasdaq

Optimism persists in U.S. stock markets following Donald Trump’s presidency.
The Nasdaq achieved notable gains last week before experiencing bearish trades during Friday’s session.
The Nasdaq is expected to continue its upward momentum,
targeting the historical peak at 22,149, after which a new bearish corrective wave may occur.

 

EURUSD

The EURUSD pair is trading around 1.0491 after witnessing gains last week due to a weaker dollar and euro recovery.
The pair will likely continue its upward momentum toward resistance levels at 1.0536.
If it breaks this level, the bullish trend may extend to 1.0629.
However, if reversal price action appears around 1.0536,
the pair might return to bearish trades, targeting 1.0433.

 

 

The Most Anticipated News for Trading This Week