Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-China trade talks in London, with market sentiment remaining sensitive to global trade dynamics. As of 04:50 ET (09:50 GMT), Brent Oil Futures rose 0.2% to $67.19 per barrel, while West Texas Intermediate (WTI) crude futures …
Read More »Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduced haven demand, as investors anticipated a positive outcome from the ongoing high-level U.S.-China trade talks. The yellow metal had experienced significant gains in recent weeks, driven by heightened uncertainty over the U.S. economy …
Read More »Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hitting a seven-week high as energy markets pin hopes on US-China trade resolutions and summer travel demand. With OPEC’s production hikes looming, the balance between supply and demand remains delicate. As trade talks unfold …
Read More »EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm European Central Bank stance lifted the Euro. US-China trade talks, a softening US Dollar, and ECB signals of limited rate cuts are reshaping currency markets. Amid mixed US economic data, the Euro’s strength hints …
Read More »Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading session on Monday, June 9 despite optimism in US-China trade talks. A weakening US Dollar, falling Treasury yields, and persistent geopolitical tensions are fueling gold’s safe-haven appeal. As markets brace for key US economic data …
Read More »How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. President Donald Trump’s decision to grant U.S. trade negotiators flexibility to ease restrictions on Chinese technology exports, in exchange for access to rare earth minerals, signals a potential thaw in U.S.-China trade tensions. Yet, recent …
Read More »Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2025, reveals a notable decline in year-ahead inflation expectations, dropping to 3.2% in May from 3.6% in April. This shift, alongside easing concerns about debt and improving views on jobs and personal finances, suggests …
Read More »U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious stance ahead of renewed trade talks between Washington and Beijing, as well as the release of key inflation data later this week. As of 04:45 ET (08:45 GMT), Dow Jones Futures were up by 13 …
Read More »Gold Prices Steady as Risk Appetite Grows; Platinum Hits Four-Year High Ahead of U.S.-China Trade Talks
Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the previous week. The market’s focus was squarely on high-level U.S.-China trade talks scheduled for later in the day, which fueled optimism for a potential de-escalation in the trade conflict between the two largest economies in …
Read More »Weekly Recap: Dollar Roars Back on Jobs Data Testing Euro’s Rally and Gold’s Resilience
Labour Market Powers Dollar Surge Robust U.S. jobs data for May 2025, with 139,000 jobs added, underscores economic strength despite tariff headwinds. Healthcare and leisure sectors drove gains, adding 62,000 and 48,000 jobs, respectively, while manufacturing shed 8,000, hinting at trade pressures. The unemployment rate held at 4.2%, among the …
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