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 …
Read More »Market Drivers – US Session: Dollar Slumps as Markets Brace for Fresh U.S. Data and Global Inflation Signals
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 …
Read More »Gold Slips Slightly Despite Weak U.S. Dollar and Rising Rate-Cut Expectations
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, …
Read More »European stocks steady as weak German data offsets Fed rate-cut hopes
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%. …
Read More »Oil Prices Slip as Oversupply Concerns for 2026 Overshadow Geopolitical Risks
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 …
Read More »Oil Prices React to Hopes for Peace in Ukraine
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 …
Read More »Market Drivers, US Session – Rate Cut Expectations Weigh on US Dollar
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 …
Read More »Gold Climbs Above $4,090 as Fed Signals Boost Easing Expectations
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 …
Read More »Oil steadies after last week’s slide as markets weigh peace-deal risks
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 …
Read More »Weekly Roundup: Investor Resilience Tested by Tech Sector Slump and Fed Ambiguity
As a turbulent week concludes, global equities have faced notable volatility, extending a choppy downward trajectory that marks the worst decline since the US tariff-driven sell-off last April. The week was generally characterized by market instability, witnessing sharp daily swings as key indices like the S&P 500 experienced significant reversals …
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