A market research report from CITIC Securities (via 36Kr) highlights that while the launch of U.S.-Iran diplomatic negotiations and their subsequent June 2026 accord triggered a steep drop in crude oil prices, the broader geopolitical friction may still cause prolonged inflation and heightened macroeconomic instability.
Additionally, the analysis points out that the U.S. Federal Reserve's upcoming decisions regarding potential interest rate hikes will act as a major catalyst for price movements in gold and other precious metals. Heading into the third quarter, CITIC Securities anticipates a fractured commodities market, maintaining an optimistic outlook on copper, lithium carbonate, electrolytic aluminum, and coal due to highly visible demand-side backing.
#Commodities #Macroeconomics #CrudeOil #FederalReserve #MarketAnalysis
$XAU
$COPPER
$CL
Additionally, the analysis points out that the U.S. Federal Reserve's upcoming decisions regarding potential interest rate hikes will act as a major catalyst for price movements in gold and other precious metals. Heading into the third quarter, CITIC Securities anticipates a fractured commodities market, maintaining an optimistic outlook on copper, lithium carbonate, electrolytic aluminum, and coal due to highly visible demand-side backing.
#Commodities #Macroeconomics #CrudeOil #FederalReserve #MarketAnalysis
$XAU
$COPPER
$CL