Commodity News

US Federal Reserve-Big

Abans Group Commodity World Round-Up

4 - 8 July

Federal Reserve officials at their June meeting said another interest rate increase of 50 or 75 basis points is likely at the July meeting, according to..

Asia-Map-Big

Abans Group Commodity World Round-Up

25 June – 1 July

China’s manufacturing activity expanded at its fastest pace in 13 months in June, a private survey showed, as the lifting of COVID lockdowns..

2-Sep-20-Daily-Report-Big

Abans Group Commodity World Round-Up

20 June - 24 June

Germany has moved closer to rationing gas as it raised the alert level under an emergency plan after Russia slashed supplies to the country. Triggering the second "alarm" level under its action plan..

2-Sep-20-Daily-Report-Big

Abans Group Commodity World Round-Up

6 June - 10 June

The European Central Bank confirmed its intention to hike interest rates at the policy meeting next month and downgraded its growth forecasts. Following the latest monetary policy meeting..

2-Sep-20-Daily-Report-Big

Abans Group Commodity World Round-Up

29 May – 03 June

OPEC+ said it had agreed to boost output by 648,000 barrels per day (bpd) in July - or 0.7% of global demand - and a similar amount in August versus the initial plan to add 432,000 bpd..

2-Sep-20-Daily-Report-Big

Abans Group Commodity World Round-Up

23 May – 27 May

The minutes of the Federal Open Market Committee (FOMC) meeting held on May 3–4, 2022, which were released on May 25, 2022, struck a chord with investors. The markets celebrated as the Federal..

2-Sep-20-Daily-Report-Big

Abans Group Commodity World Round-Up

9 May – 13 May

World oil demand growth in 2022 is expected to increase by 3.4 mb/d y-o-y, representing a downward revision of 0.3 mb/d from last month’s report, with 1.8 mb/..

2-Sep-20-Daily-Report-Big

Abans Group Commodity World Round-Up

2 May – 6 May

The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10% as it raised interest rates on Thursday to their highest since 2009, hiking by quarter ..