Oil prices advanced on Monday as upbeat signals from U.S.-China trade negotiations boosted sentiment across global markets, raising hopes that the world’s two largest crude consumers may be moving closer to resolving their prolonged tariff dispute. Brent crude futures climbed 43 cents, or 0.67%, to $64.34 a barrel by 05:00 …
Read More »Weekly market recap: Stagflation and Fed in Focus
US Dollar closed the week higher, making use of a number of developments, including reaching a trade deal between USA and UK and announcing a starting point of trade talks between Washington and Beijing this weekend. The currency also soared after Federal Reserve Bank kept rates unchanged in May meeting …
Read More »Gold Advances at $3,325.39 as Dollar Weakens and Global Tensions Flare
Gold prices surged over 1% on May 9, 2025, reaching $3,325.39 per ounce, as a weakening US Dollar and escalating geopolitical tensions drove demand for safe-haven assets. The US Dollar Index (DXY) fell 0.32% to 100.31, pressured by declining US Treasury yields, while looming US-China trade talks and heightened India-Pakistan …
Read More »Oil set for weekly gain on Easing Trade Tensions, UK Deal Boosts Sentiment
Oil prices extended gains on Friday, with benchmarks poised to end the week higher as optimism around easing U.S.-China trade tensions and a newly announced U.S.-U.K. trade framework lifted market sentiment. Brent crude futures rose by 83 cents, or 1.3%, to $63.27 a barrel by 09:05 GMT, while U.S. West …
Read More »Forex Report: Dollar Eases but Heads for Weekly Gain Amid Cooling Trade Tensions and Cautious Fed
The U.S. dollar slipped slightly in early European hours on Friday, though it remained on track for a modest weekly gain, supported by lessened trade tensions and expectations that the Federal Reserve will hold off on cutting interest rates in the near term. At 04:30 ET (08:30 GMT), the U.S. …
Read More »European Stocks Climb on Optimism Over U.S.-U.K. Trade Deal and Easing Tensions
European equity markets rose on Friday, buoyed by optimism that the newly signed trade framework between the United States and the United Kingdom could serve as a model for future agreements, potentially easing global trade tensions. At 03:10 ET (07:10 GMT), the DAX in Germany and the CAC 40 in …
Read More »Gold Rebounds as Market Eyes U.S.-China Trade Talks Following UK Framework Deal
Gold prices edged higher in Asian trading on Friday, recovering from two days of sharp declines, as investors remained cautious ahead of scheduled U.S.-China trade talks and assessed the limited impact of a newly signed trade framework between the United States and the United Kingdom. Spot gold rose 0.4% to …
Read More »Oil Prices Edge Higher as U.S.-China Trade Talks and U.K. Deal Offer Glimmers of Optimism
Oil prices extended gains on Friday, building on a sharp rally in the prior session, as easing trade tensions between the United States and China and a fresh trade agreement between the U.S. and Britain lifted market sentiment. However, concerns over increased OPEC+ supply and geopolitical risks in South Asia …
Read More »Gold Slides Under $3,310 as US-UK Trade Boost Lifts Dollar
Gold prices dropped nearly 4% over two days to $3,305, retreating from a Tuesday peak above $3,400, as optimism from a US-UK trade deal fueled risk appetite and strengthened the US Dollar. The US Dollar Index (DXY) surged 0.85% to 100.71, pressuring precious metals, while the Federal Reserve’s steady rate …
Read More »Dollar Climbs as Fed Flags Stagflation Risks; Traders Push Back Rate Cut Expectations
The U.S. dollar advanced on Thursday, building on prior gains after the Federal Reserve highlighted growing stagflation risks in the U.S. economy, prompting markets to reassess expectations for near-term interest rate cuts. At 04:10 ET (08:10 GMT), the U.S. Dollar Index, which tracks the performance of the greenback against six …
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