Commodities

The U.S. dollar inched higher on Wednesday, stabilizing after its steepest daily decline in nearly three weeks, as traders continued to position for a potential interest rate cut by the Federal Reserve in December, while sterling held firm ahead of the U.K. Autumn Budget. By 03:50 ET (08:50 GMT), the …

Oil prices rose modestly on Wednesday after sliding to a one-month low in the previous session, though expectations of a growing supply glut and progress toward a Russia-Ukraine peace deal kept gains limited. Brent crude futures gained 28 cents (0.45%) to $62.76 a barrel by 07:08 GMT, while U.S. West …

The U.S. Dollar continued its sharp retreat on Tuesday, pressured by a series of softer economic readings and growing expectations that the Federal Reserve may deliver additional interest-rate cuts in the coming months. Investors are increasingly positioning for more clarity on the health of the world’s largest economy as a …

Gold edged lower on Tuesday, settling around $4,131.93 per ounce, down just 0.05% from the previous session, as the metal failed to build on Monday’s gains despite a softer U.S. Dollar. During the session, gold briefly reached a high near $4,159, before easing back toward its intraday low of $4,109, …

European stock markets were broadly unchanged on Tuesday, as lingering concerns over weak regional growth offset rising expectations of a potential U.S. Federal Reserve rate cut next month. By 03:02 ET (08:02 GMT), Germany’s DAX was up 0.1%, France’s CAC 40 gained 0.2% and the U.K.’s FTSE 100 added 0.1%. …

Oil prices retreated on Tuesday as growing expectations of an oversupplied market in 2026 outweighed concerns that Russian shipments may remain restricted due to stalled peace talks over the Ukraine conflict. Brent crude slipped 33 cents (0.5%) to $63.04 per barrel by 07:30 GMT, while West Texas Intermediate (WTI) fell …

West Texas Intermediate (WTI) crude oil prices declined in Tuesday’s Asian trading session, trading near the $58.65 per barrel level. This retreat was driven by cautious optimism regarding the prospects of reaching a peace plan between Ukraine and Russia to end the three-year war.The US peace proposal aimed at ending …

The US Dollar Index (DXY) extended its recent modest decline, falling under pressure as market participants increased their bets on further interest rate cuts by the Federal Reserve. This sentiment pushed the DXY toward a key support level around 100.00, despite mixed movements in US Treasury yields.Key Economic Events Ahead …

Gold extended its advance today, reaching $4,092.06 (+0.67%) by 17:36 GMT+2, supported by growing expectations of a near-term Federal Reserve rate cut. Investors are weighing dovish comments from senior Fed officials, including New York Fed President John Williams and Fed Governor Christopher Waller, who highlighted room for policy easing amid …

Oil prices inched higher on Monday, stabilizing after last week’s sharp losses as traders balanced hopes of progress on a Russia-Ukraine peace framework against the impact of newly implemented U.S. sanctions on Russian oil majors. By 07:50 ET (12:50 GMT), Brent January futures rose 0.2% to $62.08, while WTI crude …