2022 has been a year of geopolitical turmoil, economic uncertainty and tightening monetary policy, which has resulted in heightened volatility and unexpected market events.
High inflation and continued pressure from sanctions are taking a toll on Iran’s economy.
Capital.com looks at the reasons to be bullish and bearish on oil prices
Investment bank releases its commodity outlook report for next year
Oil prices fell as the US dollar strengthened in early trade on Thursday
Rising risks surrounding the housing market could plague the Canadian Dollar in 2023
Capital.com also looks at how mining and energy stocks in China could benefit
A look at where the prices of Brent, WTI and US natural gas could go next
Will a deceleration in growth cause the central bank to reassess its hawkish stance on the Nigeria interest rate?
USD/CAD eyes test of range top as oil prices fall to yearly lows
Oil companies discovering and drilling in Guyana set to profit
Food supply disruption and weakening naira are set to keep Nigerian inflation rate elevated.
Oil had a remarkable week, rising 13% as OPEC+ cut production and US SPR fell to the lowest levels in nearly 40 years. Crude technicals also showed a bullish breakout.
Global commodities had mixed performances this week. Metals have been aided by a dollar weakening, while energy suffered recent political developments.