European stocks extended their gains on Monday, maintaining strong momentum from the previous week. Investors are buoyed by growing optimism over a potential peace agreement in Ukraine, while also shifting their focus towards upcoming U.S. inflation data and tariff negotiations set for later in the week. The pan-European STOXX 600 …
Read More »Gold Prices Decline Ahead of U.S. Inflation Data and Tariff Clarity
Gold prices saw a decline in Asian trade on Monday, as investors awaited key inflation data from the U.S. and sought clarity from the White House on upcoming tariff rulings affecting bullion bars. Gold Prices Dip Amid Market Uncertainty: Spot Gold: Spot gold fell 0.7%, reaching $3,376.24 an ounce. Gold …
Read More »Oil Prices Decline Amid U.S.-Russia Talks and Weak Chinese Inflation Data
Oil prices continued their downward trajectory in Asian trading on Monday, extending the sharp declines observed last week. Investors are closely watching the upcoming U.S.-Russia summit, while concerns about demand persist amid weak economic data from top oil importer China. Key Drivers of Oil Price Decline: U.S.-Russia Summit and Tariff …
Read More »Weekly Recap: Global Markets Grapple with Volatility as Tariffs and Policy Shifts Dominate
Global financial markets faced a turbulent week from August 4-8, 2025, marked by a fragile rebound overshadowed by escalating trade tensions, mixed economic signals, and shifts in central bank policy. U.S. stocks staged a recovery, with the tech sector leading gains, while European and Asian equities showed resilience despite trade-related …
Read More »Is Alaska’s August 15 Trump-Putin Summit A Potential Game-Changer for Global Markets?
On August 15, 2025, a highly anticipated meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska could reshape global financial markets. With discussions centered on a possible ceasefire in the Ukraine conflict, the outcome of this summit has the potential to influence energy prices, stock indices, …
Read More »Euro Holds Near Weekly Highs Amid U.S. Dollar Weakness
The Euro (EUR) maintained strength against the U.S. Dollar (USD) on Friday, August 8, 2025, with the EUR/USD pair trading at 1.1648, down slightly by 0.14% but holding close to the weekly high near 1.1700. The pair’s resilience comes as the dollar faces a weekly loss of over 1.84%, driven …
Read More »Swiss Franc Edges Up Amid U.S. Tariff Pressures on Gold Exports
The Swiss Franc (CHF) gained slightly against the U.S. Dollar (USD) on Friday, with the USD/CHF pair rising to 0.8082, up 0.00163 CHF (+0.20%) at 10:58 PM EEST. The pair remained confined to a narrow range, reflecting cautious market sentiment as traders assessed the impact of new U.S. tariffs on …
Read More »Oil Prices Slide Amid U.S. Tariff Tensions and Global Supply Shifts
Oil markets faced renewed pressure on Friday, August 8, 2025, with West Texas Intermediate (WTI) settling at $63.48 per barrel, down $0.33 (-0.52%), and Brent crude at $66.24, down $0.18 (-0.27%), as of 11:25 PM EEST. Both benchmarks have slumped over 5% this week, driven by U.S. tariffs targeting Indian …
Read More »With 3% Weekly Gain: Gold Prices Hover Below $3,400 Amid Tariff Tensions
Gold prices held steady at $3,396.55 per troy ounce on Friday, August 8, 2025, showing a marginal gain of $0.07 (0.00%) in a cautious trading session at 8:45 PM EEST. After touching a two-week high of $3,409.43 earlier in the day, the precious metal struggled to break the key $3,400 …
Read More »Pound Sterling Holds Firm as BoE Signals Future Pause on Rate Cuts
The GBP/USD pair remained steady at 1.3437 during Friday’s North American trading session on August 8, 2025, as the U.S. dollar staged a modest recovery. The Bank of England’s (BoE) decision to cut interest rates by 25 basis points on Thursday, in a closely contested 5-4 vote, has fueled market …
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