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Gold stabilized on Tuesday, August 25th, as the dollar’s decline led to offsetting the pressure caused by the rise of stocks, while investors were reluctant to form large positions before US Federal Reserve Chairman Jerome Powell’s speech this week. Gold settled at 1932.15 dollars an ounce by 05:12 GMT. Was …

US and Chinese trade negotiators made a phone call about implementing the first-phase agreement between the two countries, and the two countries announced at the end of the talks that they had agreed to work for the success of the trade agreement. It is noteworthy that the two countries reached …

According to the New York Mercantile Exchange, crude oil futures for October were traded at $42.56 a barrel, up 0.14%. It was previously traded higher at $42.60 a barrel. Crude oil may find support at $41.46 and resistance at $42.96. The dollar index, which measures the performance of the greenback …

According to the COMEX, gold futures were traded in December at $ 1943.30 per ounce, up 0.21%. It previously traded at a session high $ 1943.95 an ounce. Gold may find points of support at $ 1916.60 and resistance at $ 1970.30. The dollar index, which measures the performance of …

Data released by the US Environmental Safety and Protection Bureau on Monday showed that oil and gas producers stopped 1.5 million barrels of oil production in the US coast in the Gulf of Mexico, or about 82% of total production, ahead of two consecutive storms this week. Producers have also …

The number of confirmed coronavirus cases rose to 234,852 with a total of 9,277 deaths, as reported by the German disease and epidemic control center, Robert Koch Institute (RKI), on Tuesday. Cases increased by 1,278 in Germany on Tuesday versus Monday’s +711. The death count rose by 5, the tally …

FX option expiries for Aug 25 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1650 722m1.1800 608m1.1850 1.1bn1.1900 529m – GBP/USD: GBP amounts         1.3000 315m – USD/JPY: USD amounts          105.00 740m105.25 1.4bn

The New York Stock Exchange (NYSE) finished Monday in green, with market indices closing Monday on big gains, supported by positive news about COVID-19 treatments and vaccines. The Dow Jones Industrial Average closed higher by 1.4% at 28,308. S&P 500 gained 1% and reached its 16th record closing level in …

Crude oil prices settled higher on Monday, after weather conditions in the Gulf of Mexico limited output volumes of oil and natural gas. Brent crude futures for October delivery rose by 78 cents and finished at $45.13 per barrel. Meanwhile, the West Texas Intermediate (WTI) futures closed higher by 28 …

The Dollar Index (DXY) that measures that performance of the US Dollar (USD) against a basket of six major currencies. The DXY is up by 0.08% for the day at 93.33, after closing last week at 93.25. The index’s daily range has been between 92.84 and 93.34. In the absence …