Commodities news

The US Federal Reserve cuts by 25 basis points and implies there may be further cuts to come

The precious metal has been attracting buyers as the Federal Reserve is expected to cut rates on Wednesday, but a dovish disappointment could see the momentum fade

Discover the latest oil price forecast for 2025, with WTI and Brent crude outlooks, analyst targets and technical analysis.

Copper is a critical industrial and energy-transition metal, widely used in electrical wiring, plumbing, and HVAC systems within construction; as well as in power grids, electric vehicles, and renewable energy technologies.

Markets are expecting a cut from the Federal Reserve this week, the question is how dovish will Powell and his team be and will it live up to market expectations.

Gold has been moving higher as markets price in more aggressive cuts from the Federal Reserve given weaker US data

Wall Street rises and Dollar dips on weak US jobs data as focus turns to CPI data

US jobs data raises the prospect of a 50 basis point Fed cut and drives gold to record highs

Major tailwinds are pushing gold to new all-time highs.

Traders look ahead to the US labour market data on Friday to determine the pace of rate cuts from the Federal Reserve