Solar demand headwinds emerge – Commerzbank

Solar demand headwinds emerge – Commerzbank

Commerzbank’s Carsten Fritsch notes that the Silver price has surged over 10% this week to USD 63.9 per troy ounce, its highest level since late June, pulling the gold/silver ratio back below 70. However, he highlights that solar-sector demand is set to decline for a second year, with Silver’s share in solar modules and total […]

Why the Euro’s recovery is facing its biggest technical hurdle

Why the Euro’s recovery is facing its biggest technical hurdle

The Euro (EUR) has staged a notable recovery from its mid-June lows against the US Dollar (USD), driven in part by financial markets dialing back expectations for further Federal Reserve (Fed) interest rate hikes. However, institutional analysts warn that this rebound faces major macroeconomic and technical hurdles. With Fed Chairman Kevin Warsh stepping back from […]

US-Iran tensions support prices – ING

US-Iran tensions support prices – ING

ING analysts Warren Patterson and Ewa Manthey note renewed strength in Oil, with ICE Brent rallying back above $82/bbl as obstacles to a US-Iran deal persist. They highlight Iranian demands around the Strait of Hormuz and limited signs of compromise. ING still expects Brent to average $80/bbl in the third quarter, while stressing significant risks […]