"Upward Momentum Limited Even During Driving Season... WTI Expected at $55-70 in Second Half"

International oil prices are entering the U.S. driving and hurricane season, but the upward momentum is expected to be limited. This is due to concerns about an economic slowdown caused by tariffs, as well as the possibility of additional supply increases by oil-producing countries. In the second half of the year, the price of West Texas Intermediate (WTI) crude oil is expected to show a gradual decline, ranging from $55 to $70 per barrel. On May 28, Choi Yechan, a researcher at SangSangIn Securities, stated in a report titled "Driving & Hurricane Season: Can It Revive Oil Prices?" that "seasonal factors are unlikely to be sufficient to reverse the structural downward trend in oil prices." Choi first explained, "The driving season and hurricane season have traditionally acted as factors pushing up oil prices by simultaneously causing increased demand and supply instability in the international crude oil market." He added, "This year as well, there is clearly a possibility of a short-te

Global·Raw Materials

05.28 08:16

International Gold Prices Hit Record High, Surpass $3,400 per Ounce

Amid ongoing global economic uncertainty caused by U.S. President Donald Trump's tariff policies, international gold prices have once again reached an all-time high. According to Bloomberg News on the 21st (local time), June gold futures surged 2.27% from the previous session to $3,404 per ounce as of 3:45 p.m. Korea time, surpassing the $3,400 mark for the first time ever. Spot gold prices also set a new record during the session at $3,393.34, and as of 3:58 p.m. Korea time, were trading at $3,391.96, up 1.96% from the previous session. Spot gold prices have risen more than 29% so far this year, and have climbed over 14% from their recent 10-day low. Factors driving the rise in gold prices include concerns over a U.S. economic downturn due to tariff policies, a weakening dollar and the sell-off of dollar-denominated assets such as U.S. Treasury bonds, central banks around the world accumulating gold, and increased inflows into gold exchange-traded funds (ETFs). The holdings of gold ET

Global·Raw Materials

04.21 18:16

Hana Securities "WTI Expected to Gradually Decline Between $55 and $70 per Barrel"

Hana Securities forecasted that West Texas Intermediate (WTI) crude oil, which has recently undergone a significant correction due to the US-originated tariff war, will show a gradual downward trend within a band of $55 to $70 per barrel in the future. On the 18th, Jeon Gyu-yeon, a researcher at Hana Securities, stated in the report titled "The Fate of Oil Prices Amid the Whirlwind of Trade Disputes," "The US-China trade dispute is expected to prolong, and trade negotiations with other countries are periodically encountering difficulties, making a decline in trade volume inevitable this year," adding, "This inevitably acts as downward pressure on oil demand." WTI, which was around $72 per barrel in the first quarter, plunged sharply in early April after the Trump administration in the US announced reciprocal tariffs, and currently remains in the low $60s per barrel. Researcher Jeon said, "The US-originated tariff war has intensified, causing a significant correction in international oi

Global·Raw Materials

04.18 07:52

Gold Price Exceeds $3,000 per Ounce... Upward Trend Continues

As international gold prices surpassed $3,000 per ounce, forecasts suggest that the upward trend will continue. Under the trends of deglobalization and bloc formation, demand from central banks around the world is expected to persist, and favorable conditions for gold investment, such as the decline in U.S. bond yields, are anticipated. On the 25th, Soobin Shim, a researcher at Kiwoom Securities, stated in a report, "Although gold prices showed a short-term weakness after the U.S. Federal Reserve (Fed) lowered its rate cut forecasts in December last year, the upward trend resumed at the beginning of this year." He added, "Looking at the World Gold Council (WGC)'s decomposition data on gold price fluctuation factors, it can be seen that the rise in gold prices at the start of the year was driven by risk and uncertainty." Gold, a representative safe-haven asset, has recently maintained a strong trend around $3,000 per ounce. He explained, "One of the issues that recently stimulated uncer

Global·Raw Materials

03.25 08:07

Hana "WTI Expected to Trade in a $60-$75 per Barrel Range with a Sideways Market"

Hana Securities forecasted that international oil prices will face downward pressure due to an oversupply of crude oil this year, expecting a moderate adjustment range of $60 to $75 per barrel based on West Texas Intermediate (WTI) crude oil. On the 7th, Jeon Gyu-yeon, a researcher at Hana Securities Research Center, stated in the report titled "Commodity Recipe - Trump's Strong Influence and the Direction of International Oil Prices," "International oil prices are expected to face predominant downward pressure due to an oversupply of crude oil." Jeon pointed out concerns about "oversupply," noting that after the inauguration of Donald Trump's second U.S. administration, U.S. crude oil production and inventories have increased, and the major oil-producing countries' coalition, OPEC+, is set to begin increasing production as planned from April. He explained, "Shale companies began increasing crude oil production around the time of Trump's election and are maintaining record-high product

Global·Raw Materials

03.07 07:52

High-Net-Worth Individuals 'Sweep Up'... New Hybrid Capital Securities [AK Radio]

Recently, Contingent Convertible Bonds (CoCo Bonds) have rapidly increased in issuance and gained popularity among investors in the financial market. Especially among high-net-worth individuals, interest in this product is rising, and some financial experts are also recommending CoCo Bonds as a financial investment product.What are Contingent Convertible Bonds?Contingent Convertible Bonds are financial instruments that possess characteristics of both stocks and bonds. Like bonds, they pay a fixed interest or dividend annually, but like stocks, they have no maturity date. Due to these features, they are often called "hybrid securities" and are a type of "contingent capital securities" that can have their principal written down or converted into common stock under certain conditions.If the issuing company is designated as a distressed financial institution, the investor's principal may be automatically written down or converted into common stock. Because of this condition, these securiti

Global·Raw Materials

10.24 09:17

"Skyrocketing Gold Prices... What Is a Wise Investment Strategy?" [AK Radio]

Recently, the price of gold has been hitting record highs day after day, attracting the attention of investors. Experts analyze that the demand for gold investment is surging as it is recognized as a safe-haven asset. In particular, interest in gold is increasing further due to the Bank of Korea's interest rate cuts and the decline in deposit and savings interest rates at commercial banks. Let's take a look at the factors driving gold price increases and investment strategies.Why is the price of gold rising?Since the beginning of this year, the price of gold has surged by more than 30% compared to the end of last year. Currently, gold is priced at about 440,000 KRW per don (3.75g) and approximately 117,350 KRW per gram, reaching an all-time high. Compared to last year's lowest price, it has risen by about 42%.▶ Variables such as inflation, interest rates, and the value of the dollarSeveral economic factors are cited as reasons for the rise in gold prices. First, gold is a representativ

Global·Raw Materials

10.17 08:40

The Long-Awaited End of Tightening... Outlook on Prices of Gold, Oil, and Other Commodities

As the United States is expected to end its more than two-year-long aggressive tightening of monetary policy this month, attention is focusing on commodity prices. Generally, interest rate cuts are considered events that can raise overall commodity prices because they reduce the holding costs of commodities for suppliers and stimulate demand due to improved financial conditions.The U.S. Likely to End Tightening Policy This MonthThe U.S. central bank, the Federal Reserve (Fed), is expected to mark the end of its tightening policy by cutting the benchmark interest rate from the current 5.25?5.5% for the first time in two and a half years at the Federal Open Market Committee (FOMC) meeting on the 18th (local time). In the U.S., after the consumer price index (CPI) surged over 9% following the COVID-19 pandemic, the Fed raised interest rates for the first time in March 2022 with the goal of bringing inflation down to 2%. During this period, it succeeded in controlling commodity prices. The

Global·Raw Materials

09.03 10:20

After Gold and Silver, Is Copper Next?... Copper Prices Continue to Rise

"Upward Momentum Limited Even During Driving Season... WTI Expected at $55-70 in Second Half"

International Gold Prices Hit Record High, Surpass $3,400 per Ounce

Hana Securities "WTI Expected to Gradually Decline Between $55 and $70 per Barrel"

Gold Price Exceeds $3,000 per Ounce... Upward Trend Continues

Hana "WTI Expected to Trade in a $60-$75 per Barrel Range with a Sideways Market"

High-Net-Worth Individuals 'Sweep Up'... New Hybrid Capital Securities [AK Radio]

"Skyrocketing Gold Prices... What Is a Wise Investment Strategy?" [AK Radio]

The Long-Awaited End of Tightening... Outlook on Prices of Gold, Oil, and Other Commodities

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