Oil prices surged over $1 per barrel in Asian trade on Monday, as OPEC+’s decision to raise output by a modest 411,000 barrels per day (bpd) for July—matching the previous two months—eased market fears of a larger production increase. The outcome provided relief to traders bracing for a potential supply …
Read More »Gold Rises as Trade Tensions, Dollar Weakness Support Safe-Haven Demand
Gold prices gained in Asian trading on Monday, as heightened tensions between the U.S. and China and uncertainty surrounding President Donald Trump’s tariff agenda fueled demand for safe-haven assets. Broader metal markets also found support from a softer dollar, after a Federal Reserve official hinted at the possibility of interest …
Read More »Weekly Recap: Global Markets Navigate Trade Tensions, Inflation Trends, and Policy Shifts (May 26 – 30)
The week ending June 1, 2025, was marked by significant volatility across global markets, driven by escalating U.S.-China trade tensions, cooling inflation data in Europe and the U.S., and policy uncertainties impacting currencies, commodities, and equities. From European markets rallying on ECB rate cut expectations to Japan’s bond market turmoil …
Read More »Loonie Leaps: Strong GDP Masks Deeper Canadian Economic Cracks
The Canadian Dollar (CAD) experienced a notable surge against the US Dollar (USD), buoyed by unexpectedly robust first-quarter Gross Domestic Product (GDP) growth figures. However, this headline strength belies underlying vulnerabilities within the Canadian economy, while the US Dollar continues to grapple with the unpredictable fallout from ongoing trade policy …
Read More »Oil’s Downward Slide: OPEC+ Output Hike and Trade Turmoil Pressure Prices
Oil prices concluded the week lower, driven by market expectations of a significant output increase from OPEC+ and persistent uncertainty stemming from global trade tensions. This confluence of factors paints a bearish outlook for crude, as a potential oversupply looms over weakening demand signals.OPEC+ Weighs Greater Supply BoostBrent and West …
Read More »Gold Price Dips Below $3,300 Amid Robust US Dollar and Renewed Trade Tensions with China
XAU/USD declines 0.84% as a strengthened US Dollar weighs on gold prices; trade uncertainties persist. US economic data shows mixed signals, with lower inflation yet robust growth, impacting gold demand. Geopolitical friction escalates as trade disputes with China resurface. Gold prices retreated on Friday, falling below the $3,300 mark as …
Read More »EUR/USD at a Crossroads: Soft US Inflation Meets Hardening Trade Tensions
The Euro and US Dollar find themselves locked in a complex dance, with seemingly positive US inflation figures clashing against a backdrop of escalating trade hostilities. This dynamic creates a challenging environment for global markets, compelling both the Federal Reserve and the European Central Bank to navigate divergent economic paths …
Read More »Is PCE Relief A Fragile Calm Before Policy-Linked Storm?
The latest inflation data offers a moment of respite, yet the economic landscape remains clouded by significant policy uncertainty, posing a complex challenge for the Federal Reserve. While recent figures suggest a cooling of price pressures, the erratic nature of trade policies introduces a volatile element that could swiftly alter …
Read More »Dollar Slips, Heads for Fifth Monthly Loss as Tariff Uncertainty Clouds Outlook
The U.S. dollar wobbled on Friday, on track for its fifth consecutive monthly decline as traders remained wary of escalating trade policy uncertainty and concerns over U.S. fiscal health. The greenback faced choppy trading this week, pressured by erratic developments in President Donald Trump’s tariff agenda and ahead of key …
Read More »European Shares Climb as ECB Rate Cut Bets Grow, Trump Tariff Uncertainty Lingers
European equity indices edged higher on Friday, extending monthly gains, as cooling inflation data bolstered expectations for another European Central Bank (ECB) rate cut, even as U.S. trade policy uncertainty persisted after President Donald Trump’s tariffs were reinstated. By 04:35 ET (08:35 GMT), Germany’s DAX rose 0.6%, the CAC 40 …
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