Analysis: Commodities

BRENT CRUDE OIL SPOT: New tensions on the "black gold"

Recent macroeconomic publications from the United States are not in favor of the Brent, quite the contrary. Indeed, the activity data are, for the majority, worse than expected. Environment is the...

GOLD: The USD 1530 support as key support

Gold fell at USD 1540, the lowest in six months. Appetite for riskier assets and the renewed strength of the dollar, have heavily impacted the price of precious metals. Indeed, several major fund...

WTI: Renewed interest in the black gold

The U.S. WTI crude barrel is gradually approaching its highest level since September 2012 around 100 dollars, investors are betting especially on an acceleration of the economic activity in the United...

BRENT CRUDE OIL SPOT: Neutral bias confirmed

The situation in Cyprus should foster an appreciation of Brent. This scenario should indeed lead to an appreciation of the dollar and mechanically a fall of the black gold. Recent figures in China...

S&P GSCI SUGAR INDEX: Politics and lobbying get involved

Far from euphoria of the stock market, commodities are no longer in the viewfinder of investors. Sugar is an example. However, the growth rate of world consumption increases by 2% per year,...

WTI: The black gold is suffering

The U.S. WTI crude barrel was gradually approaching its highs since September 2012 to 100 dollars when the Fed brought an end to this bullish trend. Investors were, indeed, reassured in this beginning...

BRENT CRUDE OIL SPOT: Recovery of a highly bullish trend

While we were focusing on the neutrality of Brent in our previous analysis, it proved us wrong and is now sharply increasing since mid-January. Stakeholders seem reassured by the overall economic...

GOLD: Reduction of psychological aspect

Whether for jewelry or investment, gold is not characterized as a basic necessity. It is not essential for the development of our planet. Without gold, the world would continue to turn, whereas it is...

WTI: The oil wakes up

U.S WTI crude barrel is sharply moving up at the beginning of this week regaining its highs since September 2012. Investors seems to be reassured by the less alarming future global outlook than...

BRENT CRUDE OIL SPOT: Not the favor of the investors

No change at the beginning of the year on Brent. On 18 January, the International Energy Agency has raised its forecast for oil demand in the world ... which are in contrast with the global...

WTI: Outlook for oil in 2013

Mixed macroeconomic indicators as well as geopolitical risks are always made oil prices move in a well defined range throughout 2012. While the boom in oil and gas shale have shaken the energy market...

GOLD: Mixed situation...

Early this year, it is time to draw up a review of the evolution of gold, which shows the annual increases since 2001. With a performance of 7% in 2012 the growth is slowing and evolution is much less...

S&P GSCI COCOA INDEX: If the Chinese consumed more...

Third largest market after sugar and coffee, cocoa is traded on the futures markets in New York and London. World production of cocoa beans comes from 70% of West Africa, mostly from Ivory Coast...

BRENT CRUDE OIL SPOT: Flat annual performance

After a good start in the beginning of the year , Brent has had a difficult year. He has lost nearly 30% between its highs in March and the mid-June lowest before consolidating in an area 105/116 USD...

BRENT CRUDE OIL SPOT: Hit by the global economic downturn

In a report published in early November, OPEC anticipates a decline in oil demand in 2013. The global economic downturn is put forward by the Organization of Petroleum Producers. Forecasts are around...

WTI: No real trend for the mid and long term

U.S. economic indicators as well as geopolitical risks have maintained oil prices in a clear range for several months. Indeed, oil prices have fallen back more than 10% since September erasing...

BRENT CRUDE OIL SPOT: Black gold still well oriented

The recent recovery in the price of Brent is partly explained by lower exports of Saudi Arabia, which had announced an increase in its bid in order to have lower prices . The volume of exports reached...

CRUDE PALM OIL: Hardly affected by the economic slowdowns

Global industry is not the only sector hit by the economic downturn. The situation in Europe and even China is beginning to have an impact on commodities and producing countries. This is the case for...

SILVER: Faster than gold

Both European Central Bank and Federal Reserve act strongly from last few “monetary meetings”. The implementation of monetary easing policies has facilitated the growth of monetary base and...