Gold prices were largely unchanged in Asian trading on Wednesday, supported by softer U.S. inflation data that boosted hopes for Federal Reserve rate cuts, while investors awaited U.S.–Russia discussions later this week. Spot Gold hovered around $3,348.87 an ounce, with December Gold Futures muted at $3,398.42/oz by 01:59 ET (05:59 …
Read More »Oil Prices Slump Amid Supply Surge: Decoding the Market Turmoil on August 12, 2025
As the summer of 2025 draws to a close, oil markets are grappling with persistent downward momentum, with Brent crude hovering at $66.17 per barrel—a dip of 0.79% from its prior close—while West Texas Intermediate (WTI) lingers at $63.32 per barrel, down 1.00%. This year’s tepid performance, marked by a …
Read More »Rereading CPI Significance: US Price Surge Ripples Across Asset Categories
In July 2025, US inflation accelerated, with the core Consumer Price Index (CPI), excluding volatile food and energy, climbing 0.3% month-over-month and reaching a 3.1% annual rate—the fastest since January. Driven by rising service costs like airfares, medical care, and recreation, this uptick signals persistent inflationary pressures that are sending …
Read More »Oil Prices Hold Steady as U.S.-China Tariff Truce and Fed Rate Cut Hopes Support Market
Oil prices remained relatively stable on Tuesday, supported by the extension of the U.S.-China tariff truce, which eased concerns over a potential escalation in their trade war that could hurt oil demand. Brent crude futures edged down by 2 cents to $66.61 per barrel by 0904 GMT, while U.S. West …
Read More »Last Minute Decision: Trump Extends China Tariff Truce for 90 Days Amid Trade Talks
In a last-minute decision, US President Donald Trump signed an executive order on Monday to extend a trade truce with China, delaying the reimposition of higher tariffs on Chinese goods for an additional 90 days. The move comes just hours before the existing tariff suspension was set to expire, offering …
Read More »EU vs. US on Russia: When Sanctions Clash with Concessions
The European Union and the United States are adopting starkly different approaches to Russia’s war in Ukraine, creating a transatlantic rift with significant geopolitical and market implications. While Brussels doubles down on economic sanctions, Washington’s shift toward diplomacy and concessions signals a potential softening of pressure on Moscow. This divergence …
Read More »Market Movers – North America Session: US CPI Data Stirs Global Markets
Global financial markets are on high alert as investors brace for a crucial week dominated by the upcoming US Consumer Price Index (CPI) data. The US dollar has gained traction, pushing past the 99.00 level on the US Dollar Index, though it later relinquished some of those gains. This uptick …
Read More »Gold’s Glitter Dims but Bullish Path Persists Ahead of Key CPI Data
Gold prices faced a turbulent start to the week of August 11, 2025, dropping sharply to around $3,345 per troy ounce, a decline of nearly 1.5% on Monday, as optimism over potential Russia-Ukraine peace talks and a firmer risk appetite curbed safe-haven demand. December gold futures fell $80.50 to $3,410.80, …
Read More »US and China Approach Trade Truce
The United States and China are likely to extend their current tariff truce, which is set to expire this week. The move could pave the way for a more comprehensive trade deal to be finalized at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea at the end of October. …
Read More »Gold Prices Decline Ahead of U.S. Inflation Data and Tariff Clarity
Gold prices saw a decline in Asian trade on Monday, as investors awaited key inflation data from the U.S. and sought clarity from the White House on upcoming tariff rulings affecting bullion bars. Gold Prices Dip Amid Market Uncertainty: Spot Gold: Spot gold fell 0.7%, reaching $3,376.24 an ounce. Gold …
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