Forex Market

Key Takeaways Bullion under pressure: Spot gold slipped 0.1% to $4,593.04 per ounce, while gold futures eased 0.1% to $4,606.31 — both near one-month lows. Dollar steals the show: Safe-haven buyers have flocked to the greenback rather than gold amid the Iran war uncertainty. Mixed metals picture: Spot silver rose …

Key Takeaways Mixed open across Europe: The Stoxx 600 rose 0.2%, Germany’s DAX gained 0.2%, France’s CAC 40 edged up 0.1%, while the U.K.’s FTSE 100 slipped 0.1%. Adidas dazzles: Shares jumped over 7% after better-than-expected first-quarter operating profit despite a “very volatile and heavily discounted” retail environment. UBS surges: …

Key Takeaways Sharp acceleration: Australian CPI surged to 4.6% in March, up dramatically from 3.7% in the prior quarter, though slightly below the 4.8% forecast. Monthly record: CPI jumped 1.1% month-on-month — the largest monthly increase since the series began in 2017, driven primarily by soaring transportation costs. Fuel the …

The Federal Reserve is set to announce its latest interest rate decision tomorrow, marking the final policy move before the current chair’s term concludes in mid-May. Markets widely expect the Fed to keep rates unchanged in the 3.5% to 3.75% range, reflecting caution in the face of persistent inflation and …

The Euro staged a modest recovery against the US Dollar on Tuesday, as traders adjusted positions ahead of the upcoming policy decision from the Federal Reserve. After slipping earlier in the session, the single currency managed to regain some ground, reflecting a pause in Dollar momentum rather than a decisive …

Gold prices slipped to their lowest level in nearly a month, reflecting the combined pressure of a stronger US Dollar and persistent inflation concerns driven by elevated Oil prices. The metal traded around $4,571, marking a decline of more than 2% in a single session, as investors remained cautious amid …

Key Takeaways Mixed futures: S&P 500 futures fell 0.6%, Nasdaq 100 futures slid 1.2%, while Dow futures rose 0.3% as markets digested fresh headwinds. Trump rebuffs Iran offer: The president is reportedly displeased with Tehran’s proposal to reopen the Strait of Hormuz while postponing nuclear talks — a deal-breaker given …

Key Takeaways Shares tumble: Barclays stock dropped more than 3% after first-quarter results came in just shy of expectations. Profit narrowly misses: Pre-tax profit of £2.81 billion fell fractionally below the £2.83 billion consensus. Buyback shock: The £500 million share repurchase came in well under the £614 million the market …

Key Takeaways Rates on hold, but barely: The BOJ kept its overnight call rate at 0.75%, though the decision was split — three of nine board members pushed for an immediate hike. Hawkish outlook: The central bank pledged to “continue to raise the policy interest rate” amid mounting inflationary pressures. …

The Japanese yen strengthened at the close of Monday’s trading, supported by a weaker US dollar and a set of positive domestic economic signals, despite external pressures from rising oil prices and a record-high Nikkei index.The USD/JPY pair slipped by less than 0.1%, reflecting renewed yen strength driven mainly by …