Commodities

The U.S. dollar struggled to advance against major currencies on Thursday amid growing bets that the Federal Reserve could reduce interest rates next month. Traders reacted to comments from New York Fed chief John Williams, who signaled a rate cut was possible, and to President Trump’s campaign to replace Fed …

The U.S. has imposed a new round of tariffs on imports from India, raising the rate to 50%, a move that could disrupt a growing bilateral trade relationship and increase costs for American consumers. This action follows a previous 25% baseline tariff, making the new levies on goods from India, …

The US Dollar experienced a rollercoaster session on Wednesday, swinging between gains and losses before ultimately surrendering its early advances. This indecisive trading behavior stemmed from persistent worries over the Federal Reserve’s independence and a lack of significant progress in ongoing trade negotiations, leaving investors on edge as the day …

WTI (West Texas Intermediate) Crude Oil is rebounding on Wednesday after a sharp 2.27% drop in the previous session. At the time of writing, the US benchmark trades near $64.00 per barrel, up 1.2% on the day and recovering from a five-day low of $62.80 hit earlier in European trading …

European steel producers are testing the market’s willingness to accept price increases for steel products. A leading company has recently raised its hot rolled coil offers, seeking a 3.4% increase from the previous week’s prices for fourth-quarter delivery. This move comes as the industry navigates a complex environment of shifting …

Gold prices edged lower on Wednesday, retreating from a recent two-week peak of $3,394 under pressure from a resurgent US dollar. Despite ongoing political turbulence surrounding efforts to remove a Federal Reserve governor, the precious metal remains supported by broader uncertainties in monetary policy.During the American trading session, gold was …

Gold prices pulled back in Asian trade on Wednesday after earlier climbing to a more than two-week high, as markets weighed renewed concerns over U.S. Federal Reserve independence following President Donald Trump’s attempts to remove Governor Lisa Cook. The yellow metal initially surged on Monday after Trump announced Cook’s immediate …

On August 26, 2025, President Donald Trump announced his intention to fire Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud in a move that has sparked intense debate over the independence of the Federal Reserve. This unprecedented action marks the first time a U.S. president has attempted to …

Gold Gains on Political UncertaintyGold prices climbed in Asian trading on Tuesday as investors sought safety after U.S. President Donald Trump moved to fire Federal Reserve Governor Lisa Cook, raising concerns over the central bank’s independence. Spot gold rose 0.3% to $3,375.29 per ounce, while October futures were up 0.2% …

Gold has been on the rise, recently hitting a two-week high, as the US Dollar has stabilized and a key speech from the Federal Reserve (Fed) Chair hinted at future interest rate cuts. This move in the precious metal follows a rally driven by comments at the Jackson Hole Symposium, …