Commodities

European equities traded higher on Thursday, supported by a boost in risk appetite after the U.S. Federal Reserve delivered a widely anticipated interest rate cut and hinted at further easing later this year. Market Performance At 03:05 ET (07:05 GMT), the DAX index in Germany gained 0.9%, the CAC 40 …

Gold prices slipped in Asian trade on Thursday, retreating from fresh record peaks after the Federal Reserve cut interest rates but signaled a measured approach to future easing, helping the U.S. dollar rebound. Spot and Futures Weaken After Fed Decision Spot gold fell 0.7% to $3,635.55 an ounce by 02:24 …

The Federal Reserve trimmed its benchmark rate by 25 basis points to 4.00%-4.25%, calling it a “risk management cut” to address a cooling labor market without further weakening jobs—amid rising minority unemployment and downside employment risks. This deliberate step reflects a shift from prior inflation-focused hikes, aiming to sustain economic …

Gold prices are holding steady below $3,700 as the financial world anticipates the Federal Reserve’s monetary policy announcement. With a 25 basis point rate cut widely expected, the focus is less on the immediate decision and more on the central bank’s future plans. This climate of high-stakes anticipation is influencing …

Wall Street is at a standstill, awaiting the Federal Reserve’s afternoon announcement, which is widely expected to deliver the first interest rate cut of the year. This long-awaited move has dominated market sentiment for months, yet the decision itself is less important than what comes next. Investors are laser-focused on …

Oil prices slipped on Wednesday, retreating from gains made in the previous session, as traders balanced geopolitical risks with expectations of an imminent U.S. interest rate cut. Brent crude futures fell 0.9% to $67.85 a barrel by 10:42 GMT, while U.S. West Texas Intermediate futures dropped 1% to $63.89. Both …

European equities traded cautiously higher on Wednesday morning, as investors braced for the Federal Reserve’s policy announcement and Jerome Powell’s speech, which could set the tone for global markets. Key Market Moves STOXX 600: up 0.1% at 551.58, recovering from a one-week low. Sector Drivers: Technology led gains, with SAP …

Gold prices slipped from record highs in Asian trading on Wednesday as investors turned cautious ahead of the U.S. Federal Reserve’s policy meeting later in the day. Spot Gold fell 0.4% to $3,673.38/oz by 02:40 ET (06:40 GMT), after touching a new all-time high of $3,702.95/oz on Tuesday. Gold Futures …

The recent surge in gold prices to a new record high of $3,703 per troy ounce presents a striking paradox. This rally occurred even as robust U.S. economic data would typically prompt investors to move away from safe-haven assets and toward riskier, higher-yield investments. For instance, U.S. retail sales for …

The European Union has postponed the adoption of its 19th sanctions package against Russia, reflecting divisions within the bloc and growing external pressure from Washington. Originally expected to be presented this week, the measures have been delayed indefinitely, with no clear date set for renewed discussions.The delay comes as U.S. …