Commodities

Markets Hold Ground Amid French Leadership Shake-UpEuropean equities were largely steady on Tuesday, with investor sentiment balancing optimism from a series of major merger deals against fresh political turbulence in France. The pan-European STOXX 600 index edged up 0.1% to 552.69 points by 07:07 GMT, supported by a 1.3% rise …

OPEC+ Supply Increase Below ExpectationsOil prices climbed on Tuesday after OPEC+ announced a much smaller-than-expected production increase, easing fears of a sudden supply glut. By 06:45 GMT, Brent crude futures rose 51 cents (0.77%) to $66.53 per barrel, while U.S. West Texas Intermediate (WTI) gained 50 cents (0.8%) to $62.76 …

The US dollar continues its recent downward trend, a movement influenced by ongoing analysis of the latest employment figures and growing speculation about potential interest rate cuts by the Federal Reserve. This has left the currency under close watch by market participants. The US Dollar Index (DXY) recently slipped to …

European equities ticked higher on Monday, with investors weighing political instability in France, stronger oil prices, and sector-specific moves ahead of a key European Central Bank (ECB) policy decision later this week. France in Focus as No-Confidence Vote Nears The pan-European STOXX 600 rose 0.21% to 550.37 points by 08:22 …

The U.S. dollar extended its retreat on Monday, pressured by growing expectations that the Federal Reserve will restart its easing cycle at next week’s policy meeting, following a disappointing U.S. jobs report. At 04:15 ET (08:15 GMT), the Dollar Index — which tracks the greenback against six major peers — …

Gold prices hovered close to record levels on Monday, extending last week’s rally after weak U.S. labor market data reinforced expectations that the Federal Reserve could lower interest rates as early as next week. Spot gold was steady at $3,585.68 per ounce, just below Friday’s all-time high of $3,600.03. U.S. …

Last week, the U.S. financial landscape was fundamentally reshaped by a single piece of economic data: a stunningly weak jobs report for August. The report showed a mere 22,000 jobs added, well below the 75,000 forecast, while the unemployment rate ticked up to 4.3%. For some, these numbers might signal …

The price of West Texas Intermediate (WTI) crude oil has just hit a new low, trading around $61.87 a barrel. This sharp decline, extending a three-day losing streak, is a direct result of market anxieties swirling around the upcoming OPEC+ meeting. With Saudi Arabia reportedly pushing for a significant increase …

Gold has officially shattered its all-time record, soaring to a new peak. This stunning rally, with the price now at $3,595.395, wasn’t a random event; it was a direct reaction to a crucial piece of economic data: the latest US Nonfarm Payrolls (NFP) report. This is just the latest move …

Silver has been on a remarkable run, consolidating its position near a 14-year high. This rally has been fueled by a significant event: the release of softer-than-expected US jobs data. The recent Nonfarm Payrolls (NFP) report for August showed the US economy added a paltry 22,000 jobs, far below the …