# Bài viết Liên quan Commodities

Trung tâm Tin tức HTX cung cấp những bài viết mới nhất và phân tích chuyên sâu về "Commodities", bao gồm xu hướng thị trường, cập nhật dự án, phát triển công nghệ và chính sách quản lý trong ngành tiền kỹ thuật số.

US Jobs, China PMI, and Inflation on Stage: Can Global Growth Maintain Resilience?

**Week 36 Macro Outlook: Key Data to Test Global Growth Resilience** The week from August 31 to September 6 will shift focus from policy discussions to a critical test of global economic activity. The sequence of events is key, starting with China's official August PMI on Aug 31, which will provide early signals on factory orders, services, and employment following July's contraction. The data flow then broadens. On September 1, US ISM Manufacturing PMI and the Eurozone's flash inflation estimate will offer simultaneous checks on demand, prices, and regional divergence. The subsequent US Federal Reserve Beige Book on September 2 adds granular, qualitative evidence on consumer spending, wages, and regional conditions. Australian Q2 GDP and Canadian trade and jobs data will test resilience in other major economies. The week's pivotal event, however, is the US August employment report on September 4. It will decisively influence expectations for interest rates, the US dollar, and broader risk appetite, acting as a final cross-check for the preceding data. The core question for markets is whether global growth can remain resilient. An ideal outcome would combine a rebound in China's PMI, stable US jobs growth, cooling inflation, and signs of a gradual demand slowdown. Conversely, weak Chinese manufacturing, sticky Eurozone prices, and disappointing US non-farm payrolls would create a more complex scenario of reduced corporate confidence and limited room for aggressive monetary easing, increasing pressure on cyclical assets. Investors should monitor the breadth of improvements—such as new orders and employment—rather than headline PMI figures alone. Confirmation across different data points is crucial. A positive combination of steady activity and disinflation could support equities, industrial commodities, and risk assets like crypto. However, if a growth slowdown triggers lower yields, it must be distinguished from a scenario of rising recession risks that would pressure corporate earnings, potentially limiting rallies. The market's final reaction will hinge on whether the week's signals align to either reinforce or challenge the current growth narrative.

marsbit23 giờ trước

US Jobs, China PMI, and Inflation on Stage: Can Global Growth Maintain Resilience?

marsbit23 giờ trước

Gold Price Hits $4,620 as Treasury Buyback Reignites Dollar Devaluation Speculation

Gold price surged to a three-month high above $4,620 per ounce as the U.S. Treasury Department's plan to double its long-term bond buybacks from September 9 to November 4 reignited fears of a weakening U.S. dollar. The dollar index dropped to a low not seen since mid-May following the announcement. Analysts noted the buyback program effectively shifts government borrowing towards short-term bills, a move markets view as negative for the dollar. This served as a catalyst, pushing spot gold as high as $4,600 with futures nearing $4,650. Technical analysts identified a breakout above the 200-day moving average, with the next key resistance level seen above $4,770. Some traders now speculate gold could reach $5,000 if the dollar's decline continues. Notably, the World Gold Council's optimistic 2026 scenario had been $4,500, a level already significantly surpassed. The same dollar-devaluation narrative also fueled a roughly 20% surge in Bitcoin following the Treasury's announcement, though some strategists remain skeptical of equating Bitcoin with traditional safe-havens like gold and silver.

cryptonews.ruHôm qua 12:01

Gold Price Hits $4,620 as Treasury Buyback Reignites Dollar Devaluation Speculation

cryptonews.ruHôm qua 12:01

U.S. Market Trend (August 20): U.S. Treasury Intervention Halts Stock Decline; Moderna's Cancer Vaccine Breakthrough Sparks 180% Surge

U.S. Stocks Rebound on Treasury Intervention; Moderna Soars 180% on Cancer Vaccine Breakthrough Key Points: • U.S. stocks ended a three-day decline, with the rebound driven primarily by the U.S. Treasury Department's move to significantly increase its long-term bond repurchase ceiling. This action briefly pushed the 30-year Treasury yield down by about 10 basis points, easing long-term interest rate pressures. • Despite this, the market faced a countervailing force from the hawkish July FOMC meeting minutes, which revealed broader support for potential rate hikes among officials due to lingering inflation concerns. • Moderna shares skyrocketed nearly 180% after announcing positive Phase 3 trial results for its personalized mRNA cancer vaccine in partnership with Merck, which also rose nearly 13%. This fueled a major rally in the healthcare sector. • Contrary to the broader market, the Philadelphia Semiconductor Index fell over 2%, highlighting persistent pressure on the AI hardware chain. Concerns include AI's potential inflationary impact and questions about application-side cash flows supporting high capital expenditures. • Commodities and cryptocurrencies rallied alongside the equity rebound, supported by a weaker dollar and lower long-term yields. Geopolitical risks continued to underpin oil prices. Outlook: Market focus shifts to whether long-term bond yields stabilize post-intervention, upcoming U.S. economic data (jobless claims, Philly Fed index), and the impact of SK Hynix's massive share buyback plan on the memory chip sector. The tech sector's full recovery remains contingent on the semiconductor index's performance.

marsbit08/20 01:36

U.S. Market Trend (August 20): U.S. Treasury Intervention Halts Stock Decline; Moderna's Cancer Vaccine Breakthrough Sparks 180% Surge

marsbit08/20 01:36

Metrics Ventures Market Observation: Talk is Cheap

This monthly market analysis extends its timeline to incorporate critical July comments from the Fed Chair, noting that bond markets have already priced in perceived policy shortcomings. The report observes a growing divergence: equity markets, after some deleveraging, continue a "trust-based" rally, while bond and currency markets signal persistent distrust. Precious metals bottoming suggests a central bank consensus that the era of "competitive currency devaluation" is ending, with verbal interventions losing power. Looking forward to Q3-Q4, the analysis remains bullish on supply-constrained global resources like copper and power, as well as gold, which prices ongoing monetary失信. It argues that digital assets are unlikely to see major outperformance until excess liquidity is released and AI growth rates are fully priced. Key market views include: 1. Commodities like gold remain primary liquidity absorbers over Bitcoin, with recent consolidation seen as healthy. 2. The bull trend for RMB-denominated assets (e.g., STAR 50 Index) is firmly established. 3. Key resource country indices and currencies are near inflection points, with spot copper already at new highs. The report suggests resource equities, particularly in China's market, are at the end of their consolidation phase, offering attractive valuations with embedded optionality on rising metal prices. It highlights the predictive significance of recent US-Japan FX interventions and Treasury-Fed dynamics, suggesting a shift towards less communication and data management to maintain stability. A long position in resource assets is presented as a positive expected-value strategy over a multi-year horizon.

marsbit08/15 05:21

Metrics Ventures Market Observation: Talk is Cheap

marsbit08/15 05:21

Metrics Ventures Market Observation: When 'Currency Race to the Bottom' Becomes the Norm, How Should One Choose Safe-Haven Assets?

Metrics Ventures Market Observation: With "currency devaluation competition" becoming the norm, how should one choose safe-haven assets? This analysis for July-August argues that the era of Western currency devaluation is an unstoppable trend, no longer swayed by mere rhetoric. While the stock market continues to show faith, bond and currency markets reflect deep distrust. Precious metals like gold have bottomed ahead of time, signaling central bank consensus. Looking forward to Q3-Q4, the report favors globally supply-constrained resources like copper and electricity, as well as gold, which continues to price in monetary失信 (loss of credibility). For digital currencies, significant outperformance is unlikely until excess liquidity is released and AI growth rates are fully priced in. Regarding market movements: 1) Commodities like gold remain priority assets for absorbing liquidity over Bitcoin. 2) The bullish trend for RMB-denominated assets (e.g., STAR 50 Index) remains intact. 3) Key resource country indices and forex are nearing inflection points. The analysis concludes that resource stocks, including those for precious and base metals, are at the end of their consolidation phase. Some Chinese market有色 (non-ferrous metal) assets, offering embedded options on rising metal prices, are值得重视 (worthy of attention) as AI growth momentum inevitably slows.

marsbit08/15 02:55

Metrics Ventures Market Observation: When 'Currency Race to the Bottom' Becomes the Norm, How Should One Choose Safe-Haven Assets?

marsbit08/15 02:55

U.S. Stock Market Trend (August 14th): Cooling PPI Pushes S&P to New High, Rotation into Storage and Software Takes Over

U.S. Market Trend (Aug 14): PPI Cooldown Lifts S&P 500 to Record High, Rotation into Storage and Software Stocks. The S&P 500 hit a record closing high of 7798.99, rising 0.65%, after July's cooler-than-expected PPI data eased inflation and rate hike fears. The Nasdaq gained 0.81%, and the Dow rose 0.13%. The VIX increased 5.05% to 14.94. Key drivers included: 1) PPI cooling to 4.7% annually, lowering Treasury yields and market expectations for Fed rate hikes, though Fed officials displayed internal policy分歧. 2) A major rally in storage chip stocks, led by Sandisk's ~13% surge after announcing ambitious long-term growth and margin targets. 3) Strength in software/AI application stocks, fueled by M&A speculation, notably a rumored buyout of Workday. 4) Tesla leading the "Magnificent Seven" with a 3.5%+ gain. In contrast, Chinese ADRs underperformed, with the Golden Dragon Index falling 1.84%. 5) Oil prices fell over 2% on profit-taking, while gold declined despite the inflation data. Market focus shifts to the upcoming Michigan Consumer Sentiment index and further Fed commentary to determine if the rally can sustain its momentum post the record high.

marsbit08/14 01:35

U.S. Stock Market Trend (August 14th): Cooling PPI Pushes S&P to New High, Rotation into Storage and Software Takes Over

marsbit08/14 01:35

Companies have begun tokenizing metals - even those not yet mined

In 2026, mining and tech companies are increasingly launching tokens backed by metals like gold, copper, uranium, nickel, and cobalt to attract crypto investors to the commodities market, reports the FT. These tokenization projects aim to simplify retail investor access to physical metals, allow crypto capital to diversify through real-world assets (RWA), and create a new funding mechanism for mining projects. This trend aligns with the broader adoption of blockchain in traditional finance. However, the tokenized metals market is still nascent. For example, the total value of gold ETFs was around $530 billion last month, while the two largest gold-backed tokens had a combined market cap of only about $4.6 billion. Proponents argue blockchain simplifies access to commodities. Platform Metals.io has issued tokens for uranium, nickel, and cobalt, which can be exchanged for physical metal under certain conditions. Some firms, like Datavault AI, are even tokenizing metals not yet mined, using a model compared to futures contracts. The growth occurs alongside a general RWA expansion, with the total market cap exceeding $43 billion. Yet, risks persist. Challenges include investors needing to understand the origin and quality of physical metals, market fragmentation with tokens traded on different platforms, and a lack of interoperability. Experts warn the market is in early stages but believe blockchain's ability to record information will drive eventual widespread adoption.

cryptonews.ru08/13 16:16

Companies have begun tokenizing metals - even those not yet mined

cryptonews.ru08/13 16:16

J.P. Morgan Global Markets Strategy: Are Current Commodities a Case of Déjà Vu from 2022?

J.P. Morgan Global Markets Strategy analyzes whether the current commodity environment resembles 2022. While the Fed's potential upcoming rate hike cycle may mirror the mid-cycle adjustment of 1999-2000, the commodity market setup is more akin to 2022. Historically, commodities have delivered positive returns during Fed tightening cycles, except for 2022-2023. That cycle saw a ~14% drop due to fading Russia-related supply risk premiums coinciding with global manufacturing weakness. Today, renewed inflation pressures coincide with supply disruptions (e.g., shipping through the Strait of Hormuz). The key risk is that another erosion of supply disruption premiums, combined with tighter financial conditions, could lead to a subdued commodity performance in any impending hike cycle. Sector outlooks vary: Energy faces bearish fundamentals but has near-term tail risks from prolonged disruptions; Precious metals (especially gold) are highly vulnerable to further Fed action; Industrial metals (like copper) currently look robust but could weaken if manufacturing momentum fades amid aggressive hikes.

marsbit08/13 08:45

J.P. Morgan Global Markets Strategy: Are Current Commodities a Case of Déjà Vu from 2022?

marsbit08/13 08:45

Kraken adds S&P 500 to its prop trading program, commodities are next

Cryptocurrency exchange Kraken has added a perpetual contract for the S&P 500 index to its proprietary trading program, Kraken Prop. This gives traders with funded accounts 24/7 access to the benchmark U.S. stock index, structured as a perpetual contract without an expiration date. Following the earlier inclusion of the Nasdaq 100, the S&P 500 is the second traditional market offered through the program, with commodities planned for the next phase. Traders can access the S&P 500 market with leverage of up to 5x and maximum exposure of $1 million. The Kraken Prop program allows traders to start with an evaluation account and, upon meeting requirements, trade with Kraken's capital, with funded accounts ranging from $5,000 to $200,000. This expansion follows Kraken's recent moves to offer traditional financial products, including providing retail access to a U.S. IPO and tokenized shares.

cryptonews.ru08/12 20:43

Kraken adds S&P 500 to its prop trading program, commodities are next

cryptonews.ru08/12 20:43

Kraken adds S&P 500 to funded trading program, commodities to follow

Kraken has introduced an S&P 500 perpetual product to its proprietary trading (Prop) program, providing funded traders with 24/7 exposure to the equity benchmark. The product tracks the index via an oracle without an expiration date, joining the existing Nasdaq 100 offering. The exchange plans to add commodities next as part of a multi-asset expansion. Traders in evaluation and funded accounts can access the S&P 500 market with up to 5x leverage and a $1 million maximum exposure. This follows Kraken's recent moves to offer traditional financial products, including direct access to an IPO for retail investors.

cointelegraph08/12 19:05

Kraken adds S&P 500 to funded trading program, commodities to follow