European equities traded cautiously on Tuesday as investors sifted through a heavy batch of corporate results and braced for a pivotal Federal Reserve decision. Market snapshot (08:05 GMT): Germany’s DAX: −0.3% France’s CAC 40: −0.2% UK’s FTSE 100: +0.2% Fed in Focus The Federal Reserve begins its two-day policy meeting …
Read More »Gold Hovers Around $4,000 as Trade Peace Cools Market Fears
Gold prices slipped sharply below the key $4,000 mark for the first time in weeks, pressured by renewed optimism over improving trade relations between the United States and China. The easing tensions have lifted global risk appetite, steering investors away from safe-haven assets like gold and into riskier investments.During Monday’s …
Read More »Crude Oil Prices Steady as Sanctions and Surging Supply Pull Markets in Opposite Directions
Oil prices held firm on Monday, balancing between fresh geopolitical tension and swelling production levels that kept traders cautious about the global supply outlook. The market saw a modest uptick as investors weighed the impact of new U.S. sanctions against Russia’s energy sector against record-breaking output from Iraq.Crude oil hovered …
Read More »US-China Trade Negotiations Poised for Breakthrough
Recent developments in US-China trade talks have injected a dose of optimism into what has been a prolonged period of economic friction between the two superpowers. Over the weekend, officials from both nations concluded productive discussions in Southeast Asia, laying out a preliminary framework that could prevent an immediate escalation …
Read More »Oil Prices Rise as U.S.–China Trade Progress and Russian Sanctions Bolster Market Sentiment
Oil prices advanced on Monday, extending last week’s strong gains as signs of progress in U.S.–China trade talks and fresh sanctions on Russian energy firms helped ease concerns about slowing global demand. By 06:29 GMT, Brent crude futures climbed 0.71% to $66.41 per barrel, while U.S. West Texas Intermediate (WTI) …
Read More »Gold Slips as Trade Truce Dims Safe-Haven Demand Ahead of Fed Decision
Gold prices extended declines in Asian trading on Monday, weighed down by renewed optimism surrounding a U.S.–China trade truce that curbed demand for safe-haven assets, even as investors awaited an expected Federal Reserve rate cut later this week. By 04:44 GMT, spot gold fell 1.3% to $4,060.80 per ounce, while …
Read More »Weekly Recap: Markets await three high-impact events, stocks climb “wall of worry”
Global markets are anticipated to face a week full of pressure and fundamental factors that cannot be overlooked. The new trading week is dominated by a trifecta of high-impact events: first, undoubtedly, the widely expected Federal Reserve interest rate decision; second, the release of more earnings reports from major technology …
Read More »Trump Ends Canada Trade Talks After Reagan-Themed Ad Sparks Diplomatic Rift
U.S. President Donald Trump has abruptly terminated all trade negotiations with Canada, citing what he called “egregious behavior” after a controversial advertisement from Ontario criticized his tariff policies using a decades-old speech by former president Ronald Reagan.The 60-second television spot, funded by Ontario’s government, features Reagan warning that trade barriers …
Read More »Gold Prices Slip Below $4,110 as Investors Weigh Inflation Outlook and Fed Policy Path
Gold prices edged lower on Friday, extending their weekly decline as investors reassessed expectations for a near-term Federal Reserve rate cut. Spot gold traded at $4,100.41 per ounce, down 0.62% or $25.67 as of 23:19 GMT+3, according to TradingView data. The metal fell from a previous close of $4,126.07, after …
Read More »Oil Prices Secure Modest Weekly Gain as Market Awaits Demand Signals
Crude oil prices edged lower on Friday, capping a choppy week that still saw both major benchmarks post modest weekly gains. West Texas Intermediate (WTI) crude settled at $61.44 per barrel, down 0.49% on the day, while Brent crude closed at $65.84 per barrel, slipping 0.17% during North American trading …
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