All Posts

US tariffs, Chinese export controls and rising strategic demand are reshaping the copper market. We explore why secure access may matter more than price.

Gold surged from $4,046 to $4,388 in two weeks. We rank the drivers, Fed rate-cut repricing, U.S.-Iran/Hormuz risk premium, technical momentum, and returning ETF inflows and ask whether $4,400 is a floor or a local peak.

El Niño isn't just a food security story. This piece examines how water scarcity and hydropower dependence are compounding cost pressures across copper, aluminium, lithium, nickel, and rare earth supply chains - and what that means for portfolio positioning.

When to rotate out of equities, and how to build commodity positions that survive short-cycle volatility. Three strategies, three sleeves, one framework.

Seven interconnected global risks – climate, pandemic, power scarcity, conflict, sovereign debt, cyber and AI – that markets are currently priced to ignore.

Short-cycle volatility is testing conviction in commodities. But the long-cycle supply deficit in oil and copper is becoming the default, not the tail risk.

Equity markets are priced for a world without risk. The recovery trade runs through physical assets: energy, metals and gold. The question is how to hold them.

China's Belt and Road meets America's Moat and Muscle. As Trump and Xi prepare to meet in Beijing, the structural collision is shaping the global contest for critical minerals.

A US-Iran agreement on Hormuz may move tankers and drop oil prices but the real story lies beneath the headline. This analysis maps the plausible deal architecture, the tolling sticking points, and the structural dependencies ,sulphur, helium, and aluminium, that no bypass pipeline can fix.

Markets are pricing calm, while physical energy markets, retail exposure, and overlooked macro risks tell a different story. A closer look at who is absorbing the risk and why the timing matters.

Geopolitical tensions in the Gulf are reshaping global trade, energy markets, and industrial strategy as stability, supply security, and policy flexibility are repriced.

Global central banks face a pivotal week as rising energy prices from the Iran conflict reshape inflation outlooks, rate decisions, and market expectations.

The crisis in the Strait of Hormuz could reshape who safeguards global trade routes as the US weighs coalition building against a potential Chinese role.

Geopolitical tensions and LNG competition are straining global energy and commodity markets, exposing vulnerabilities in Europe’s gas supply, power pricing, carbon policy, and strategic metals.

Markets close higher in energy and metals as uncertainty around U.S. policy, LNG flows and duration risk drives volatility without triggering systemic panic.

Copper prices are pricing in accelerated AI infrastructure demand, yet grid expansion and hyperscaler capex point to steady execution. Strategic long, tactical caution.

The Supreme Court’s IEEPA ruling reshapes U.S. tariff policy, shifting focus from broad executive power to sector-specific investigations under Sections 232 and 301.

U.S. tariffs face mounting legal and political pressure as Congress challenges emergency powers under IEEPA and the Supreme Court reviews whether the statute permits tariffs, with major implications for refunds and future trade policy.

Governments are turning critical-materials stockpiles into a supply-chain policy tool. This article compares the U.S. “Project Vault,” China’s opaque reserves model, and the EU’s gaps—highlighting the unresolved challenge of who ultimately pays the cost of carrying inventory.

Market stress across base and precious metals highlights liquidity constraints, concentrated positioning, and the growing role of administrative control in shaping price action.