Commodities

Gold prices extended gains on Friday, holding close to record highs, as fresh signs of weakness in the U.S. labor market reinforced expectations that the Federal Reserve will move to cut interest rates at its policy meeting next week. Gold Prices and Market Moves By 01:51 ET (05:51 GMT), spot …

A series of weaker-than-expected inflation reports for both producers and consumers in the U.S. has strengthened the case for the Federal Reserve’s first interest rate cut since December 2024. In response, the U.S. Dollar (USD) has resumed its decline as the week’s busy economic calendar concludes with the release of …

On Thursday, US financial markets saw a decline in government bond yields. This was in response to mixed economic data that highlighted stable inflation and a rise in unemployment claims. This news has fueled expectations that the Federal Reserve will cut interest rates at its upcoming meeting.The yield on the …

WTI erases early-week gains as it drops over 2% to trade at $62.20. In August, OPEC+ production increased by 509,000 barrels per day, reaching 42.4 million barrels per day. The IEA lowers its demand prediction to 740,000 bpd and warns of a 2.5 million bpd global surplus in H2 2025.As …

Gold’s recent surge to a new record high has stalled, but the precious metal remains poised for further gains. Despite mixed US inflation data, the overall economic picture points to an increasingly clear path for Federal Reserve interest rate cuts. This has solidified the market’s belief that policy easing is …

U.S. headline consumer price growth accelerated in August, but the increase was largely in line with expectations, reinforcing market conviction that the Federal Reserve will move ahead with an interest rate cut at its upcoming policy meeting. Headline CPI Annual CPI: 2.9% (vs. 2.7% in July, matching forecasts) Monthly CPI: …

In an interview conducted by Alarabiya TV, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of financial markets. Q: Will the Fed cut interest rates in September? And if so, will it be …

Gold prices edged lower in Asian trading on Thursday, with investors adopting a cautious stance ahead of pivotal U.S. inflation figures that could define the Federal Reserve’s policy direction. Despite the dip, bullion remained close to record highs as firm bets on a September rate cut and concerns over Fed …

European equities traded cautiously higher on Thursday, as investors balanced political and economic risks in the region with anticipation of key central bank decisions and upcoming U.S. inflation data. At 03:05 ET (07:05 GMT), Germany’s DAX rose 0.1%, France’s CAC 40 gained 0.3%, and the U.K.’s FTSE 100 added 0.3%. …

Oil prices steadied in Asian trading on Thursday, holding near recent highs after a volatile week marked by heightened geopolitical tensions in Russia and the Middle East, offset by worries of oversupply following an unexpected rise in U.S. crude inventories. Brent oil futures for November traded at $67.49 per barrel, …