The gold market is expected to end June down by around $47, its worst month since February. The precious metal is reacting to central banks doubling down on hawkish rhetoric and ignoring Russia’s turmoil. Some analysts see geopolitics playing a more significant role in driving the gold price. After a …

On Monday, US stocks dipped a little bit as investors fretted about the effects of more interest rate hikes on the economy. The biggest losers were technology and megacap sectors.The markets’ response to the weekend’s foiled uprising by Russian mercenaries, which prompted doubts about President Vladimir Putin’s future and worries …

Late in the North American session, US crude oil rises 0.50% as it ignores concerns about the global economy. In response to concerns about an imminent recession and political unrest in Russia, WTI, the US crude oil benchmark, recovers after two days of losses and increases by more than 0.50%. …

Dubai TV interviewed Mohamed Hashad, Director of Research and Development at Noor Capital and member of the US Association of Technical Analysts, to comment on whether the developments of geopolitical events clearly affect the performance of stock markets and the performance of commodities; Hashad began his commenting on oil prics, …

The EUR/USD is struggles for fresh gains despite the weaker performance of the US dollar with the beginning of the new trading week. The pair is up 0.16% trading at 1.0909 at the time of writing. Meanwhile, geopolitical tensions around Russia have eased as market attention turns to the ECB …

The Canadian dollar is quietly advancing to be the top G10 currency this month. Economists are keen to analyze USD/CAD outlook.Canada’s dollar generally tends to do well when Fed rates peak. The USD/CAD pair is trading at 1.3155 at the time of writing. While the outlook for Fed Funds is …

Another platter of worthy reports from significant economies and significant risk occurrences will be presented to investors next week. The European Central Bank’s three-day forum in Sintra, Portugal, which begins on Monday, will likely be the primary attraction. The forum will convene amid global sentiment that is still shaky as …

The EUR/USD pair came under strong bearish pressure on Friday. PMI surveys signaled a loss of growth momentum in the Eurozone economy. Euro could continue to push lower once 1.0870 is confirmed as resistance. FOMC Chairman Jerome Powell’s hawkish rhetoric on the second day of his congressional testimony and the …

In spite of the US session’s negative market sentiment, the EUR/JPY pair has managed to reverse its daily losses. The EUR/JPY pair has rebounded to 156.60 after finding support at a low of 155.06. The PMIs for Germany and Europe were weaker than anticipated. The Yen is weighed down by …

Mohammad Hashad, Director of the Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, commented on the developments of the global financial markets, especially the interest rate hike in the UK that exceeded expectations, as now experts began to expect that there is …