US stocks closed in positive territory on Friday after a volatile week following the Federal Reserve’s interest rate decision on Wednesday and further pressure in the banking sector. The S&P 500, which fell as much as 1% in early Friday trading, ended up 0.57%. The Dow Jones and technology-heavy Nasdaq …

Two new issues have jolted the world markets. Bond insurance rates at Deutsche Bank increased, which is mimicking what occurred to Credit Suisse before it failed. Also, according to news sources, the US Justice Department is looking into European institutions, such as Credit Suisse and UBS, for allegedly assisting Russian …

In spite of lower yields supporting gold, the US dollar has increased and is now weakening the Gold Index (XAU/USD). Geopolitical concerns are causing central banks to raise their gold holdings, according to a recent report. At the time of writing, the price of XAU/USD is $1,979.64.\ After halting in …

After falling to a 7-week low of 101.91, the US Dollar Index (DXY) rises 1.58%. The DXY hit a daily low of 102.50 before trading as of this writing at 103.094. The DXY is neutrally biassed on the daily chart because it is still above the 100.85 2023 low. The …

The GBP/USD pair comes under intense selling pressure on Friday and extends the overnight retracement slide from the vicinity of mid-1.2300s, or its highest level since February. Spot prices, however, manage to rebound a few pips from the daily low and trade above the 1.2200 mark during the early North …

Silver increased beyond $23.00 while Gold once more increased and went above $2,000 before stabilizing at $1991.54 at the time of writing. Following its decline on Wednesday, Bitcoin increased to $28,500. After gaining ground for the majority of the day, the price of crude oil decreased by more than 1%. …

Since the Fed does not think that additional rate increases are necessary, gold is trying to move its auction beyond $2,000.00. Lower inflation and a cooling of demand would be the results of further tightening of credit conditions by American banks.As of the writing of this article, the price of …

The day on Thursday saw another rally in the crude oil markets as traders continued to observe some signs of recovery following a sharp selloff. The price of oil has increased somewhat during Thursday’s trading session to show rebound signs, breaching beyond the $70 threshold. At that point, it appears …

Janet Yellen, secretary of the US Treasury, Cecila Rouse, and Shalanda Young, director of the Office of Management and Budget, are testifying before the House Appropriations Financial Services Subcommittee. Treasury futures are climbing higher across the board in late trade as a result of these significant remarks. Although yield curves …

The price of several cryptocurrencies moved higher on Thursday after the Fed’s March meeting yesterday, as well as due to some token-specific news. The price of Bitcoin, the biggest cryptocurrency in the world, has increased by around 4.8% since late yesterday afternoon, reaching a high of $28,700. Bitcoin is trading …