
The ECB may raise interest rates due to the conflict with Iran
The conflict with Iran is driving up inflation in Europe. Traders are now betting on a surprise rate hike by the ECB by this summer.
Commodities include physical assets traded on global exchanges: precious metals (gold, silver), energy (Brent and WTI crude, natural gas), industrial metals (copper, aluminum, nickel) and agriculture (wheat, corn, soybean, coffee, cocoa). They're often used as a hedge against inflation and geopolitical crises, with low or negative correlation to equities.
Gold (XAU/USD) remains the historical reference: it surpassed $4,800 per ounce in 2026 amid high sovereign debt and central bank demand (BRICS + Turkey, Poland, Singapore). Oil is pulled between global economic cycles (demand) and OPEC+ decisions (supply), with two benchmarks: Brent (Europe, North Sea) and WTI (US, West Texas Intermediate), typically spreading 2-5 USD apart.
ActuTrading Commodities covers energy catalysts (OPEC+ meetings, DOE inventories, geopolitical crises), gold/silver dynamics (central banks, US real yields), and energy-transition metals (copper, lithium, nickel) tied to decarbonization.
The ultimate safe-haven. Price, central banks, real yields and how to invest.
Read →The two global benchmarks, OPEC+, DOE inventories, geopolitical tensions.
Read →Copper, lithium, nickel: strategic materials of decarbonization.
Read →Hybrid precious metal, gold/silver ratio, solar boom.
Read →World economic barometer, energy transition and EVs.
Read →Henry Hub vs TTF, European energy crisis, LNG and geopolitics.
Read →Chicago and Euronext prices, Black Sea geopolitics, food security.
Read →Brazil/Vietnam, climate change, prices doubled in 2024.
Read →
The conflict with Iran is driving up inflation in Europe. Traders are now betting on a surprise rate hike by the ECB by this summer.

Tehran is reviewing the latest U.S. response, while Trump says he is in no hurry. Tensions remain high over the nuclear issue and sanctions.

The prolonged conflict in Iran is causing strategic oil reserves to drop to critical levels. Markets are anticipating a major supply shock.

Nearly 600,000 pre-orders were placed for the gold T1 phone, yet not a single confirmed buyer has received their device. The terms of sale were quietly changed in April.

The United Arab Emirates has withdrawn from OPEC without warning. This is a major blow to Saudi Arabia and a diplomatic triumph for Washington, which is reshuffling the global oil deck.

Oil prices have surpassed $110, while Nasdaq 100 futures are down 0.6% following OpenAI's struggles to attract new users and meet its sales targets.

The United Arab Emirates has left OPEC without notice, citing national interests. This is a major blow to Riyadh and a major diplomatic victory for Washington.

American economist Peter Schiff argues that the sharp correction in precious metals does not call the uptrend into question. U.S. debt remains the structural driver.

The Iranian currency has hit a new all-time low of 1.81 million rials to the dollar, a victim of U.S. military strikes and the naval blockade that are choking the economy.

Alexander Novak, Russia's Deputy Prime Minister, says that Moscow will remain in OPEC+ despite the UAE's surprise withdrawal and that a price war is not expected.

OPEC+ adds 206,000 barrels per day to its May quotas. A largely symbolic gesture that masks a much more complex reality in the oil market.

The British neobank is shutting down its precious metals trading services while maintaining its crypto offering. A strategic shift that speaks volumes about its priorities.