Commodities

Emerging Markets (EM) are at a crossroads, with carry trades seeking stability amidst mixed global policy signals and persistent macro headwinds. Investors are navigating a complex landscape where...

Commodities are increasingly trading as policy assets, with geopolitics and strategic reserves dictating price action across energy, metals, and agriculture. This shift has profound implications...

China's latest Purchasing Managers' Index (PMI) indicates softening demand, yet strategic policy actions and liquidity management by the PBOC are shaping global trade, capital flows, and commodity...

This analysis delves into the delicate balance of the crude oil market, where OPEC+ supply discipline and geopolitical tensions collide with winter grid stress, keeping oil sensitivities elevated.

Geopolitical events, particularly those targeting energy infrastructure, are rapidly reshaping cross-asset correlations, driving market premiums, and influencing policy decisions from critical...

Today's market brief analyzes the intricate interplay between Eurozone inflation, US Treasury refunding, FX dynamics, commodity policy shifts, and the continued sensitivity of Bitcoin to...

Despite a prevailing calm, the market is currently underpricing significant risks related to global supply lines, energy infrastructure, and the massive capital expenditure cycles driving AI...

Emerging Markets face a complex landscape where carry trades are attractive but vulnerable. This analysis delves into the critical factors influencing EM's direction, from USD strength and...

Commodity markets are increasingly trading as extensions of policy decisions and geopolitical realities, with energy, metals, and agriculture each reacting to distinct but interconnected drivers....

China's economic landscape is characterized by soft demand and firm policy, leading to a complex interplay between trade, capital, and commodities that shapes global supply chains and asset prices.

Geopolitical events are increasingly impacting global energy markets, reshaping cross-asset correlations and driving premiums in power and gas prices. This analysis explores how energy...

Gold and oil prices are on the rise, signaling potential shifts for inflation-linked bonds. This analysis explores the factors driving breakeven rates and what traders should watch next.

Analyzing how reshoring and critical mineral stockpiling are shifting the cost curve, impacting manufacturing credit and industrial commodities.

New strategic action plans between the U.S., EU, and Japan are redrawing global trade incentives and re-rating industrial commodities.

Analyzing how reshoring and critical mineral stockpiling are reshaping the cost curve and impacting manufacturing credit spreads.

New supply chain action plans between the U.S., EU, and Japan are redrawing trade incentives and creating fresh volatility in commodity and FX markets.

Financial markets are overlooking critical vulnerabilities in supply lines, energy infrastructure, and AI capex funding models.

China's manufacturing PMI slips to 49.3, triggering a complex interplay between soft domestic demand and firm strategic stockpiling policies.

Analyzing the convergence of PBOC's 800bn yuan repo operation and the launch of the US Strategic Critical Minerals Reserve on global trade and commodities.

A $1.2T funding package and the launch of a Strategic Critical Minerals Reserve are reshaping market risk premia and industrial capital flows.