Oil prices increased due to concerns about potential disruptions in Middle East oil supplies. A large increase in U.S. crude oil inventories limited the rise in prices. Iran launched a significant missile attack on Israel. Israel and the United States vowed to retaliate for the attack. Israel may target Iranian …

As traders watched Israel’s response to Iran’s attack on Tuesday, gold retreated during the North American session on Wednesday and continued to decline by 0.50% each day. Following consecutive gloomy sessions since last Friday, traders’ attention is still focused on geopolitics, which has helped to push up gold prices. The …

China’s stock market has been on a wild ride in recent weeks, propelled by a series of aggressive government stimulus measures. While the rally has temporarily buoyed investor sentiment, it also raises significant concerns about the sustainability of China’s economic recovery.The surge in stock prices has been driven primarily by …

The Federal Reserve’s recent decision to lower interest rates by half a percentage point marks a significant shift in its monetary policy stance. However, as Richmond Fed President Thomas Barkin has emphasized, this does not signal an end to the battle against inflation.Barkin’s assessment aligns with the broader consensus among …

New York Stock Exchange is experiencing a volatile trading session, with Wall Street indices opening lower amid escalating tensions in the Middle East, fueled by ongoing Israeli military operations in southern Lebanon. Economic data released on U.S. labor market conditions indicated a continued improvement in job growth, a trend the …

The EUR/GBP has finished pulling back and resumed its downtrend. It has broken below the 0.8317 September 24 low, confirming a lower low and extension towards the next target at 0.8287, the August 2022 low. It remains in a downtrend on a short and medium-term basis, and given the principle …

Gold prices have rallied over 1% on Tuesday amid growing tensions in the Middle East. The XAU/USD trades at $2,662 after bouncing off daily lows of $2,632. A daily close below the September 30 high of $2,665 could open the door for a pullback if geopolitical risks de-escalate. The US …

Treasury yields have embarked on a new downward trajectory due to increased demand for safe-haven assets. This inverse relationship between bond prices and yields is a common occurrence in the market.The heightened demand for safe-haven assets, particularly U.S. government bonds, was spurred by escalating geopolitical tensions in the Middle East …

Oil prices rose by more than 4% to about $75 a barrel on Tuesday. So far, oil prices rose by more than 4% as escalation has intensified between Israel and Iran.Amid this geopolitical scene, the risk of a jump in oil prices that could trigger another global inflation shock appeared …

The Dow Jones Industrial Average suffered a significant decline on Tuesday, primarily driven by escalating geopolitical tensions in the Middle East and disappointing US economic data.Israel’s recent military strikes on Lebanese targets have ignited fears of a wider regional conflict, with Iran vowing retaliation. This heightened uncertainty has rattled global …