Commodities

The price of West Texas Intermediate (WTI) crude oil is declining on Tuesday during the early European trading hours. Currently, WTI is priced at $62.21 per barrel, a drop from its Monday closing value of $62.56.Similarly, Brent crude oil is losing value, with its current trading price at $65.74, compared …

Oil prices climbed 1% on Monday, reflecting investor optimism around U.S. President Donald Trump’s meeting with Ukrainian President Volodymyr Zelenskiy. Brent crude rose 75 cents to $66.60 a barrel, while West Texas Intermediate increased 62 cents to $63.42. This uptick reverses last week’s drops of 1.1% for Brent and 1.7% …

Recent movements in the forex world highlight a period of heightened caution and strategic positioning by market participants. As we head into a pivotal week, the spotlight is on key economic indicators and central bank commentary that will likely shape the near-term direction of major currencies.The U.S. Dollar’s Resilient RallyThe …

A new wave of diplomacy is sweeping through Washington as European leaders, accompanied by Ukrainian President Volodymyr Zelenskyy, arrive for peace talks aimed at ending the war in Ukraine. This follows recent statements by President Donald Trump, who has offered a glimpse into the proposals he plans to discuss with …

Gold prices maintained a narrow trading band on Monday, August 18, 2025, edging slightly lower by 0.03% to $3,334.620 amid sustained safe-haven interest driven by geopolitical tensions. The precious metal’s intraday volatility saw it rebound from a daily low of $3,323.685 to a high of $3,358.490, reflecting a net daily …

Throughout the last trading week, US dollar was a net loser amid improvement in risk appetite, increasing expectations of a rate cut by the Fed in September meeting, relative stability in prices, and fears of intervention in Fed’s policies. Although Trump-Putin summit in Alaska didn’t reach a peace deal in …

As world leaders gear up for a high-stakes summit in Anchorage, Alaska, Russia’s walking into the ring with a battered economy. The war-driven boom, fueled by massive military spending and steady oil exports, is running on fumes. Persistent inflation, sky-high interest rates, and relentless Western sanctions are hitting Russian consumers …

Gold prices hovered near a two-week low on Friday, finding limited support from a softer US Dollar, while rising Treasury yields kept gains in check. Trading in a narrow range around $3,340 per ounce during the American session, the precious metal struggled to surpass the key resistance at $3,350, reflecting …

Gold prices in Asian trade on Friday inched higher, though they were set for a weekly decline, as investors weighed reduced expectations for a significant Federal Reserve rate cut against geopolitical developments, including U.S.-Russia talks scheduled later in the day. Spot gold rose 0.3% to $3,344.88 an ounce, while December …

China’s industrial production and retail sales for July fell short of market expectations, highlighting ongoing weaknesses in both domestic consumption and export demand, according to official data released Friday. Industrial Production SlowsIndustrial output grew 5.7% year-on-year in July, missing expectations of 6% and down from 6.8% in June. The slowdown …