Oil prices were largely unchanged on Monday as traders assessed the ongoing impact of new European sanctions on Russian oil supplies while also weighing concerns over potential tariffs that could weaken fuel demand. Meanwhile, oil production levels from Middle Eastern producers have been increasing, adding to market complexity. As of …
Read More »Gold Prices Edge Higher Amid U.S. Tariff Uncertainty and Global Political Concerns
Gold prices saw a slight increase on Monday, supported by persistent haven demand as uncertainty over upcoming U.S. trade tariffs and political developments in Japan added pressure to markets. The results of Japan’s upper house elections held over the weekend showed the ruling Liberal Democratic Party (LDP) losing its majority, …
Read More »Weekly market wrap: dollar is a gainer with new records for bitcoin
The U.S. dollar posted weekly gains after prevailing over a range of competing market forces throughout the past week. President Donald Trump last week threatened to impose a 30% tariff on the European Union and Mexico, effective August 1st. Market turbulence—sparked by President Trump’s remarks and trade policy actions—persisted throughout …
Read More »Oil Prices Dip Amid Supply Shifts and OPEC+ Adjustments
Oil prices softened this week, with West Texas Intermediate (WTI) settling at $67.34 per barrel as of 11:58 PM EEST on Friday, July 18, 2025, amid supply disruptions in Iraq and the gradual unwinding of OPEC+ production cuts during peak US summer demand. This volatile mix, unfolding against a backdrop …
Read More »Silver Price Outlook: XAG/USD Pauses Near Record Peaks
Silver (XAG/USD) holds steady around $38.25 on Friday, following a 14-year high of $39.13 earlier this week. Supported by a bullish technical setup, the metal faces a pivotal moment—can it break through resistance, or will consolidation persist?Technical Support Fuels OptimismSilver remains anchored within an ascending channel on daily and weekly …
Read More »Gold Holds Steady: Dovish Fed Hints and Data Shape Outlook
Gold prices find support on Friday, with XAU/USD hovering near $3,350, as a potential Federal Reserve softening and declining yields keep the market in play. With mixed momentum and key data in focus, the question arises—can gold maintain its footing, or will shifts tip the scales?Consumer Confidence and Housing Boost …
Read More »Oil Prices Surge Amid Drone Attacks and New EU Sanctions on Russia
Oil prices saw a notable increase on Friday, extending the sharp gains from the previous session, driven by drone attacks on Iraqi oil fields and fresh sanctions from the European Union (EU) on Russia. As of 08:10 ET (12:10 GMT), Brent Oil Futures for September delivery rose 1.6% to $70.60 …
Read More »European Stocks Rise Amid Strong Earnings and Positive Wall Street Lead
European stocks rose on Friday, buoyed by a positive overnight performance on Wall Street, as investors digested a wave of favorable quarterly earnings reports. The DAX index in Germany climbed 0.5%, the CAC 40 in France gained 0.6%, and the FTSE 100 in the UK rose 0.2% at 03:05 ET …
Read More »Market Drivers – US Session: Yen in Focus As Markets Brace for Inflation Data and Elections
The US Dollar regained momentum on Thursday, reversing a prior dip as investors digested upbeat US data while monitoring trade developments and central bank tensions. With a packed Friday agenda, July 18, the market stands at a crossroads—can the Dollar’s strength persist, or will new data shift the tide?US Dollar …
Read More »Gold’s Retreat: Can XAU/USD Hold Firm Amid Fed’s Hawkish Grip?
Gold prices are slipping on Thursday, with XAU/USD pulling back 0.6% to trade near $3,330, as central bank officials signal a cautious stance on rate cuts. Bolstered by strong US economic data, the yellow metal faces pressure—can it find support at $3,300 or slide further?Fed’s Hawkish Tone Weighs on GoldFocus …
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