Energy Price Forecasts Revised Higher Amid Stalemate

Good morning, lovely people, and happy hump day. Today’s issue is packed with energy news — from retail fuel price hike to macroeconomic headwinds as another ratings agency trims India’s GDP forecast. To soften the fisc…

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Gold Bear Market Deepens as Rate Hike Odds Surge

Most commodity markets operate on a single dominant clock. Supply tightens, prices rise. Demand weakens, prices fall. Gold, by contrast, runs on at least two clocks simultaneously, and they are currently telling very di…

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The Next Commodity Shock May Begin in the Pacific

Forecasts point to a strong El Niño event at the end of 2026, raising fears over food supplies and prices. While we believe these fears are overstated at the global level, El Niño poses a more significant regional risk …

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