Crude oil prices are currently locked in a persistent trading range, a reflection of the significant and often conflicting forces at play. Despite geopolitical tensions that suggest prices should be rising, the market remains skeptical. For instance, West Texas Intermediate (WTI) crude is trading around $63.27 per barrel, showing a …
Read More »Eying $3700: Is Gold’s Historic Rally Sustainable?
The Countdown to the Fed’s Decision Gold’s recent surge has propelled it to a new all-time high, with prices trading above $3,680 and setting sights on the $3,700 mark. This impressive rally is fueled by a confluence of factors, but its sustainability hinges on one key event: the upcoming Federal …
Read More »Gold Holds Near Record Highs Ahead of Fed Decision
Bullion Market Steadies Close to All-Time Peak Gold prices were largely unchanged on Monday, consolidating near record highs as traders awaited the outcome of the Federal Reserve’s policy meeting later this week. At 12:00 GMT, spot gold traded flat at $3,643.30 per ounce, holding near last week’s record high of …
Read More »Dollar Edges Higher as Traders Brace for Fed Decision
Dollar Holds Firm Ahead of Fed Meeting The U.S. dollar ticked higher on Monday, with investors closely watching the upcoming Federal Reserve policy meeting, which is set to shape currency markets as the final quarter of 2025 approaches. At 08:10 GMT, the Dollar Index—tracking the greenback against six major peers—was …
Read More »European Stocks Edge Higher as Investors Await Central Bank Decisions
Positive Start to the Week European equities opened Monday on a firmer note, with investors positioning themselves ahead of a critical week for global monetary policy. By 07:05 GMT, Germany’s DAX index gained 0.5%, France’s CAC 40 also climbed 0.5%, while the U.K.’s FTSE 100 inched 0.1% higher. The upbeat …
Read More »Oil Prices Edge Higher as Supply Risks Clash with Demand Concerns
Asian Trading Gains Oil prices rose modestly in Asian trade on Monday, extending last week’s gains, as markets balanced potential supply disruptions from Russia with signs of weakening U.S. demand. Brent crude futures for November delivery climbed 0.4% to $67.26 per barrel, while West Texas Intermediate futures added 0.5% to …
Read More »Oil Prices Swing Between Geopolitical Tensions and U.S. Demand Concerns
Global oil prices edged higher on Friday, buoyed by renewed supply risks from Russia, but gains were tempered by persistent worries over weakening U.S. demand and signs of oversupply.Brent crude futures settled at $66.99 a barrel, up 62 cents or 0.93%, while U.S. West Texas Intermediate (WTI) closed at $62.69, …
Read More »Dollar Steadies Ahead of Fed Rate Decision After Mixed U.S. Data
The U.S. dollar edged slightly higher on Friday, pausing its recent slide as investors digested a combination of softer labor data and a modest uptick in inflation, while rate cut bets from the Federal Reserve remained firmly in place. Dollar Index and Treasury Yields The dollar index rose 0.1% to …
Read More »European Stocks Edge Higher as Investors Weigh Growth, Inflation, and Oil Weakness
European equity markets posted modest gains on Friday, consolidating after a generally upbeat week, as investors digested fresh economic data from the region while monitoring oil price movements and developments in Spain’s banking sector. European Indices Extend Gains By 03:05 ET (07:05 GMT), the DAX index in Germany rose 0.3%, …
Read More »Oil Prices Slip as Oversupply Concerns Outweigh Geopolitical Risks
Oil prices fell on Friday, extending the previous session’s sharp losses, as worries about weakening U.S. demand and a looming supply glut outweighed fears of disruption from conflicts in the Middle East and Ukraine. Market Performance By 04:19 GMT, Brent crude futures dropped 0.74% to $65.88 per barrel, while West …
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