Futures & Commodities

There will be no regular equity or bond trading and futures will trade on an abbreviated schedule on Monday, as Wall Street observes the Juneteenth holiday.

Exxon Mobil is reportedly in preliminary discussions to acquire Pioneer Natural Resources as part of the oil and natural gas producer’s Permian Basin strategy.

The price of gold is nearing a record as the latest JOLTS report showed job openings are down as manufacturing activity slows, weakening the U.S. dollar against the euro and pound.

Amid inflationary pressures and a weakened U.S. dollar, experts predict Wall Street will gravitate towards material wealth in precious metals like gold and silver, sending both to record highs in 2023.

An apparent mix-up at a warehouse in Rotterdam led to JPMorgan Chase buying what it thought was $1.3 million worth of nickel but turned out to be bags of stones.

Glencore had one of its greatest years on record, cutting debt to $75 million from $6 billion, and returning $7.1 billion to shareholders, as demand soars.

Exchange-traded funds can be used as a hedge for retail and institutional investors during economic downturn and inflation.

The Newmont Corporation has made an indicative $16.9 billion takeover offer for Australia's top goldminer Newcrest Mining to combine the goldmining companies’ assets in China and Australia.

There will be no trading in stocks or bonds on Monday as Wall Street observes the New Year holiday.

A winter storm over a large swath of the U.S. is being blamed for oil refinery shutdown in Houston and spiking crude prices

BHP predicts that demand for copper – an excellent conductor of electricity and has wide-ranging uses including in construction and electronics – will double in the next three decades.

OPEC lowered its forecast for global oil demand growth this year by 100,000 barrels a day to 2.5 million barrels a day. It also lowered its 2023 demand growth forecast.

Kalshi’s request to operate a regulated market comes as sports betting and other forms of gambling have come to many more states. The CFTC has no definition of "gaming."

Diamond Standard hopes their product, a diamond coin and bar, and its use of ETFs and blockchain will help stabilize and democratize the diamond market.

Lipow Oil Associates President Andy Lipow explained on 'Mornings with Maria,' Monday, the only 'substantive action' the Biden administration has taken to try and alleviate gas prices for Americans.

Ehmke Seed owners Vance and Louise Ehmke explained why they are in “no man's land” as it pertains to selling wheat amid the war between Russia and Ukraine, both major suppliers of the commodity.

Metal prices are surging to record highs as the commodities remain in short supply exacerbated by the war in Ukraine.

The market volatility and potential disruptions in exports in supply of commodities such as wheat and corn are adding more strain to farmers who are bearing costs from ongoing supply chain snarls.

Gold futures climbed Sunday, posting a weekly gain of more than 4%. Anxieties grew after the latest Russian assault in Ukraine saw Putin's forces take over Ukraine's largest nuclear power facility following shelling that started a fire at the plant.

Barry Bannister analyzes the stock market ahead of second quarter GDP and jobless claim reports.