Commodities

A potent cocktail of trade policy anxieties and growing recession fears sent gold prices reeling this week, with the precious metal shedding over 3% as the US dollar surged. The XAU/USD pair closed Friday at $2,845, a significant drop from its daily peak of $2,885, and a far cry from …

A planned meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy took an unexpected turn on Friday, descending into a heated exchange. President Zelenskyy expressed concerns over the proposed deal, citing vague terms and missing critical details, though he acknowledged it as a potential starting point.President Trump, under …

Gold prices edged lower in Asian trading on Friday as: The U.S. dollar strengthened ahead of key inflation data. Investors awaited the U.S. PCE price index, the Federal Reserve’s preferred inflation gauge, for further rate signals. At 01:44 ET (06:44 GMT): Spot gold fell 0.4% to $2,864.94 per ounce. Gold …

Oil prices fell in Asian trading on Friday, extending their monthly losses as: Concerns over U.S. trade tariffs weighed on global demand. Hopes for a Russia-Ukraine peace deal raised the prospect of lifted sanctions and increased oil supply. At 21:38 ET (02:38 GMT): Brent crude futures dropped 0.4% to $73.30 …

The US dollar surged to multi-day highs, driven by President Trump’s new tariff announcements and cautious trading ahead of crucial US inflation data (PCE) due Friday.Key Highlights for Friday, February 28:US Dollar (DXY): Climbed past 107.00, supported by tariff news and rising US Treasury yields. Key US data releases include …

The Canadian Dollar experienced a significant downturn on Thursday, shedding over 0.7% against the US Dollar and marking its fifth consecutive day of losses. This decline propelled the USD/CAD exchange rate to 1.440, a level not seen since early February, signaling growing market unease. The primary catalyst for this volatility …

On Thursday, US President Donald Trump took to social media platform X (formerly known as Twitter) to announce that his planned 25% tariff package targeting Mexico and Canada will now come into effect on March 4, instead of the previously reaffirmed date of April 2. Additionally, President Trump revealed that …

Oil prices rebounded slightly in Asian trading on Thursday, recovering from a two-month low as investors analyzed President Donald Trump’s fresh tariff threats and a mixed U.S. inventory report. At 21:55 ET (02:55 GMT): Brent Oil Futures rose 0.3% to $72.77 per barrel Crude Oil WTI Futures (March expiry) gained …

Gold prices fell in Asian trading on Thursday, extending their retreat from record highs as a stronger U.S. dollar and ongoing trade tariff concerns pressured the precious metal. Gold Pulls Back from Record Highs Profit-taking drove gold prices lower, despite lingering safe-haven demand amid rising trade tensions and signs of …

The US dollar rebounded from a two-month low of around 106.20 on the Dollar Index (DXY), despite lingering concerns about US tariffs and economic health. This recovery occurred amidst mixed US Treasury yields. Key US economic data releases today include weekly jobless claims, durable goods orders, and a revised Q4 …