Adelaide

The world's largest Palladium producer from Russia expects an almost balanced Palladium market in 2024, according to a press release published this week, Commerzbank’s commodity analyst Carsten Fritsch notes. Russia expects an almost balanced Palladium market in 2024 “The world's largest Palladium p

USD: Dec '24 is Up at 106.960. Energies: Jan '25 Crude is Up at 70.71. Financials: The Mar '25 30 Year T-Bond is Down 5 ticks and trading at 117.03. Indices: The Dec '24 S&P 500 emini ES contract is 72 ticks Higher and trading at 6079.75. Gold: The Feb'25 Gold contract is trading Down at 2685.80

We expect the Fed to cut the policy rate target by 25bp in the December meeting. The Fed could also cut the ON RRP facility rate by an additional 5bp, but we do not expect this to have a significant impact on the policy stance (see p. 2). Markets have fully priced in next week’s cut. Main focus will

On the radar In Slovenia, industrial production grew 3.5% y/y in October. In Romania, November’s inflation landed at 5.1% y/y. Otherwise, there are no other releases scheduled for today. Economic developments Labor hoarding, coupled with structural and persistent low growth, could eventually result

The Australian dollar continues to show strong movement and is down sharply on Tuesday. In the European session, AUD/USD is trading at 0.6400, down 0.61% at the time of writing. RBA maintains cash rate There was no surprise as the Reserve Bank of Australia stayed on the sidelines and maintained the

Downbeat start in Europe. RBA hold rates with all eyes on the February meeting. Markets await US inflation report. A downbeat start to the session in Europe has seen a sea of red in early trade, feeding off a mixed Asian session that saw Monday’s China-led stock market surge fade somewhat. However,

USD/JPY traded higher this week after PM Ishiba told parliament that the government is not considering revising a long-standing agreement between BoJ and the government as Japan has not escaped deflation yet. He also added that BoJ’s monetary policy doesn’t aim to move FX. USD/JPY rose to a high of

USD/JPY continues its decline, with a fresh low around 148.797. Bank of Japan (BoJ) Governor Ueda’s hawkish rhetoric suggests a potential rate hike sooner than later. Technical analysis indicates a potential short-term pullback towards 150.00, despite the overall downward trend. Most Read: OPEC+ Mee

Did JJ just ‘tease’ us or did he send a ‘signal’? Alberto says – maybe we should slow down…. Trump nominates Atkins – and Bitcoin Charges thru $100k. Dow pierces 45k, S&P kisses trendline resistance at 6080. OPEC+ is in a tangled web – what to do? Try the Bay Scallops – Feast of the 7 Fishes #2.

President-elect Donald Trump warns BRICS nations against creating a dollar rival, threatening 100% tariffs and restricted access to the U.S. market. Donald Trump, the incoming U.S. President, has issued a strong warning to BRICS nations over their plans to challenge the dominance of the U.S. dollar

Silver posts a 1.33% gain on Friday, yet records a weekly loss of 2.30%. Technical outlook neutral with a potential bullish pivot if Silver clears $31.00 resistance. Downward risk persists if Silver falls below $30.35, targeting next support at $30.00. Silver price advanced on Friday and finished th