Commodities Brace for Volatile Week on US Jobs, China Data, BoJ Policy

• The US Federal Reserve cut rates by 25 bps, weakening the dollar but renewed AI bubble fears tempered equity market gains.
• Precious metals like gold and silver rallied to record highs due to a weaker dollar and increased US jobless claims.
• Crude oil prices declined due to oversupply concerns, despite some geopolitical events offering limited support.
• Base metals had a mixed week; copper hit record highs due to supply tightness, while zinc rose and aluminum fell.
• Upcoming US jobs and inflation data, China data, and a potential Bank of Japan rate hike are expected to drive market volatility.

Why It Matters: BoJ policy and global data will cause significant market volatility and shifts.