While carrying out our daily activities, we come across various commodities. Some of them are commercial elements, which are tradable assets bought and sold on a global scale. If you read on, you'll understand the meaning of commodities and the various types.

As financial conditions remain loose with central banks keeping monetary policy expansive, upside in global bond yields remain capped and thus provides a supportive outlook for precious metals.

Earnings season arguably continues being the focus for financial markets with the Dow Jones, Australian Dollar and US Dollar closely watching. The BoJ, ECB and Fed are on tap with traders anxiously...