Commodities

Global financial landscape this week were shaped by a convergence of trade policy upheavals, measured responses from central banks, and supply-side pressures, resulting in a dynamic interplay of volatility and strategic adjustments. This analysis explores movements in gold, crude oil, U.S. equities, cryptocurrencies, and key currency pairs, with a focus …

Gold prices dipped on Friday, with XAU/USD trading at $3,019, down 0.81%, marking a second consecutive day of retreat as traders locked in profits ahead of the weekend. Despite this pullback, the precious metal is on track to secure weekly gains, buoyed by a resilient US Dollar, with the US …

Oil prices edged higher on Friday, securing a second straight week of gains as tighter supply expectations took hold, driven by fresh U.S. sanctions on Iran and OPEC+’s latest production strategy. Brent crude futures climbed 16 cents, or 0.2%, to settle at $72.16 per barrel, while U.S. West Texas Intermediate …

Major European airline stocks fell on Friday after London’s Heathrow Airport, the region’s busiest hub, announced a full-day closure due to a fire at a nearby electrical substation supplying its power. Key Airline Losses Following the market opening, several European airline stocks declined: International Consolidated Airlines Group (IAG) (LON: ICAG) …

Oil prices rose on Friday, heading for a second consecutive weekly gain, as fresh U.S. sanctions on Iran and a revised OPEC+ production plan fueled expectations of a tighter global supply. Brent and WTI Edge Higher By 0850 GMT, crude oil benchmarks traded in positive territory: Brent crude gained 12 …

European markets retreated on Friday, with travel and leisure stocks leading losses following a major fire at Heathrow Airport. Broader market sentiment remained cautious as investors continued to assess the impact of escalating trade tensions and economic uncertainty. STOXX 600 Falls as Travel Stocks Lead Declines The pan-European STOXX 600 …

Gold prices remained on track for a third straight weekly gain on Friday, supported by expectations of U.S. Federal Reserve rate cuts and safe-haven demand amid escalating geopolitical and economic uncertainties. The precious metal continued to draw investor interest, reaching a new all-time high of $3,057.21 per ounce on Thursday …

The US Dollar, often referred to as the Greenback, made a notable turnaround on Thursday, March 20, 2025, building on its recovery following the Federal Open Market Committee (FOMC) meeting earlier in the week. Climbing to its highest levels in days, the Dollar surged as investors recalibrated their expectations after …

The Bank of Canada (BoC) is bracing for potential turbulence as US tariff policies cast a long shadow over the Canadian economic landscape. Governor Tiff Macklem, addressing the Calgary Economic Development initiative, delivered a stark message: the uncertainty surrounding US trade actions necessitates a shift in the BoC’s monetary policy …

As U.S. President Donald Trump ramps up his trade war, the global economy is being reshaped by a barrage of tariffs targeting not only adversaries like China but also partners such as India. Under his unwavering “America First” banner, Trump has declared that, effective April 2, 2025, India will face …