The US Dollar took a notable step back, hitting its lowest levels in days. Investors are grappling with the potential for future interest rate cuts by the central bank, combined with the economic uncertainties caused by a prolonged US federal government shutdown. This weakening sentiment for the dollar has had …
Read More »Gold Extends Record-Breaking Rally as Fed Easing Bets and U.S.-China Tensions Boost Safe-Haven Demand
Gold prices surged to new record highs in Asian trading on Thursday, marking a fourth consecutive session of all-time peaks, as renewed U.S.-China trade tensions and rising expectations of Federal Reserve rate cuts intensified demand for the precious metal. Spot gold climbed 0.7% to $4,237.87 per ounce by 04:25 GMT …
Read More »Oil Slumps Around Five-Month Low as Global Tensions and Supply Fears Cloud Outlook
Oil prices fell sharply on Wednesday, touching their lowest level in five months as renewed trade tensions between the United States and China collided with forecasts of a growing supply glut. The dual pressures revived concerns about slowing global demand and an oversaturated market heading into next year.The slide followed …
Read More »Silver Shines Bright as Investors Flee to Safety Amid Global Tensions and U.S. Uncertainty
Siver surged on Wednesday as investors sought refuge from escalating global tensions and growing concerns over the U.S. economy. The precious metal climbed more than 2% to trade near $52 per ounce, regaining momentum after a brief pullback earlier in the week.The rally comes amid renewed friction between Washington and …
Read More »European Stocks Edge Higher as French Politics and Trade Tensions Take Center Stage
European markets staged a cautious rebound on Wednesday, recovering slightly from the sharp losses seen earlier in the week as investors digested renewed U.S.-China trade frictions, a dovish tone from the Federal Reserve, and fresh political developments in France. Modest Recovery Across Major Indices By 07:10 GMT, the DAX in …
Read More »Gold Extends Record-Breaking Rally Amid Fed Easing Bets and Trade Tensions
Gold prices surged to fresh all-time highs in Asian trading on Wednesday, extending a powerful multi-week rally as traders piled into safe-haven assets on expectations of imminent U.S. interest rate cuts and renewed U.S.-China trade frictions. Spot and Futures Prices Hit New Peaks Spot gold climbed 1.1% to $4,186.84 per …
Read More »China’s Next Move Could Decide U.S. Trade Blowback
Hope on the Horizon: U.S.–China Trade Tensions Show Signs of Easing Amid Rare Earth DisputeIn a week marked by escalating rhetoric and market volatility, a glimmer of optimism has emerged in the ongoing trade standoff between the United States and China. U.S. Trade Representative Jamieson Greer expressed confidence that the …
Read More »Gold Surges Past $4,140 as Trade Tensions Fuel Safe-Haven Demand
Gold continues to dazzle investors, climbing to $4,147.65 per ounce with a daily gain of $37.31, or 0.91%, as of Tuesday evening. The precious metal has been on a tear, defying gravity with a year-to-date rally of nearly 58% and a staggering five-year performance of over 119%. This latest upswing …
Read More »Crude Oil Prices Retreat to Five-Month Lows Amid Trade Turmoil and Supply Concerns
Global crude oil benchmarks have plunged to their lowest levels in five months, with Brent crude trading at approximately $62.34 per barrel, down 1.67%, and WTI crude at $58.69, down 1.44%. The downturn reflects a volatile market shaken by escalating trade tensions, cautious supply management, and growing fears of a …
Read More »IMF Raises 2025 Global Growth Outlook, Warns of Trade War Risks
The International Monetary Fund (IMF) raised its global growth forecast for 2025 to 3.2%, up from 3.0% in July, while keeping its 2026 projection steady at 3.1%, according to its World Economic Outlook report released Tuesday. Moderate Optimism Despite Trade Risks The IMF’s upward revision reflects more resilient financial conditions …
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