[MARKET ANALYSIS] Commodities are indecisive ahead of the latest Chinese trade data
WTI/Brent: WTI Jan'26 Flat / Brent Feb'26 -0.1%
- Oil futures are rangebound with demand constrained amid a lack of major energy-specific catalysts and after the UAE’s ADNOC slightly lowered January Murban OSPs to USD 65.53/bbl (prev. USD 65.79/bbl in December).
Gold: +0.2%
- Edges slight gains in a mild rebound from Friday's trough and heading into a widely expected Fed rate cut on Wednesday, while data over the weekend showed that the PBoC increased its gold reserves for a 13th consecutive month.
Copper: -0.4%
- Price action is lacklustre amid the mixed risk appetite in the region and as participants await the latest Chinese trade data.
08 Dec 2025 - 02:52- Forex- Source: Newsquawk
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