Commodities

Gold prices edged lower in Asian trading on Thursday, with investors adopting a cautious stance ahead of pivotal U.S. inflation figures that could define the Federal Reserve’s policy direction. Despite the dip, bullion remained close to record highs as firm bets on a September rate cut and concerns over Fed …

European equities traded cautiously higher on Thursday, as investors balanced political and economic risks in the region with anticipation of key central bank decisions and upcoming U.S. inflation data. At 03:05 ET (07:05 GMT), Germany’s DAX rose 0.1%, France’s CAC 40 gained 0.3%, and the U.K.’s FTSE 100 added 0.3%. …

Oil prices steadied in Asian trading on Thursday, holding near recent highs after a volatile week marked by heightened geopolitical tensions in Russia and the Middle East, offset by worries of oversupply following an unexpected rise in U.S. crude inventories. Brent oil futures for November traded at $67.49 per barrel, …

US Producer Price Index (PPI) inflation came in below expectations, bolstering bets of interest rate cuts from the Federal Reserve (Fed) next week. The US Dollar (USD) is on the back foot, weakened by mounting market expectations that the Federal Reserve will cut interest rates again next week. This sentiment …

The price of West Texas Intermediate (WTI) crude oil is on the rise, extending its winning streak despite recent data that should have sent prices tumbling. The latest US Energy Information Administration (EIA) report showed an unexpected surge in crude stocks, a clear sign that supply is outpacing demand. Yet, …

European shares advanced on Wednesday, tracking Wall Street’s overnight strength, as traders shifted focus toward key U.S. and Eurozone inflation releases that could shape monetary policy. At 03:15 ET (07:15 GMT), Germany’s DAX gained 0.5%, France’s CAC 40 rose 0.4%, and the U.K.’s FTSE 100 climbed 0.2%. The pan-European STOXX …

Gold steadies just below peakGold prices held close to record highs in Asian trading on Wednesday, as firm expectations of a Federal Reserve interest rate cut next week buoyed demand for the precious metal. At 02:17 ET (06:17 GMT), spot gold rose 0.5% to $3,646.14/oz, after touching an all-time peak …

Markets Await Inflation Data for Rate Cut CluesThe U.S. dollar traded largely steady on Wednesday as investors awaited a string of inflation reports that could determine the size of the Federal Reserve’s expected interest rate cut at its September 16–17 meeting. Following last week’s weak nonfarm payrolls report, markets are …

Oil prices barely budged after a recent, high-stakes military action in Qatar, and that’s a signal worth paying attention to. Despite an Israeli strike on Hamas leadership on Qatari soil—a move that could have easily ignited a wider regional conflict. Following the Israeli strike in Qatar, oil prices did indeed …

The global currency market is a stage for a high-stakes drama, with the U.S. Dollar (USD) at its center. After a period of weakness, the Greenback is attempting to reclaim its footing, fueled by a rebound in Treasury yields. This move comes even as the U.S. labor market shows clear …