Commodities

Oil futures fell on Friday as market participants reacted to ongoing geopolitical developments and expectations for increased production by major oil producers. Brent crude futures were down 22 cents, or 0.32%, to $68.58 a barrel by 0445 GMT, while U.S. West Texas Intermediate crude fell 12 cents, or 0.18%, to …

Gold prices rose slightly in Asian trading on Friday, recovering from the previous session’s losses. The precious metal remained on track for a weekly increase, fueled by concerns over the U.S. fiscal deficit and impending decisions regarding tariff rates from Washington. Spot Gold rose 0.5% to $3,341.34 an ounce, while …

U.S. President Donald Trump confirmed on Thursday that the U.S. will begin sending out letters to major global economies by Friday, detailing the specific tariff rates their exports will face when entering the U.S. market. The announcement marks a decisive move towards implementing the tariffs after a 90-day pause which …

The US session on July 4, 2025, is expected to be subdued due to the Independence Day holiday, with US markets closed. However, forex and commodity markets remain active, influenced by several key factors. These include stronger-than-expected US Nonfarm Payrolls (NFP) data for June, which showed a gain of 147,000 …

As the July 9, 2025, deadline for President Donald Trump’s “reciprocal” tariffs rapidly approaches, the global trade landscape is buzzing with speculation. Will Trump extend the deadline, and which nations are on the verge of striking framework agreements to avoid significant tariff hikes? Investors and traders are closely monitoring developments, …

On July 3, 2025, Brent crude futures dipped to $68.74 per barrel, down 0.54%, while WTI crude futures fell to $66.90 per barrel, down 0.82%, despite optimism from a U.S.-Vietnam trade deal and eased Middle East tensions. OPEC+’s upcoming decision on August output and the July 9 expiration of a …

European stocks gained on Thursday, continuing the positive momentum from Wall Street, though caution persisted as investors awaited the release of the crucial U.S. jobs report later in the day. Trade Optimism Drives European Equity Markets At 03:05 ET (07:05 GMT), the pan-European STOXX 600 index rose by 0.3%, with …

Oil prices experienced a slight dip on Thursday, following a 3% gain in the previous session, as market sentiment was dampened by growing concerns over potential U.S. tariff reinstatement and anticipated production hikes by major oil producers. Oil Prices Fall Amid U.S. Tariff Concerns Brent crude futures fell 53 cents, …

Gold prices held steady in Asian trading on Thursday, following three consecutive days of gains. Investors adopted a cautious stance as they awaited key U.S. payroll data, which is expected to provide further insight into the Federal Reserve’s future policy actions. Gold Supported by U.S. Fiscal Deficit Concerns Spot gold …

On Thursday, July 3, 2025, investors and traders will zero in on a critical lineup of US economic releases, with the Nonfarm Payrolls (NFP) report headlining. Forecasted to show a modest 110,000 job gain for June, down from May’s 139,000, and an unemployment rate ticking up to 4.3% from 4.2%, …