Forex Market

European markets regained footing on Wednesday, breaking a three-day losing streak, as technology stocks surged and safe-haven demand eased amidst renewed focus on geopolitical and economic developments. The pan-European STOXX 600 rose 0.5% as of 09:20 GMT, recovering from a three-month low touched on Tuesday. Major indices in Germany, France, …

Oil prices held steady for a second consecutive day on Wednesday as geopolitical tensions from the Ukraine war balanced against signs of stronger crude imports from China and a rise in U.S. crude stockpiles. Brent crude futures for January delivery edged up by $0.11 to trade at $73.42 per barrel …

Inflation in the United Kingdom unexpectedly surged in October, pushing consumer price growth back above the Bank of England’s (BoE) 2% target. The increase in underlying inflation pressures suggests that the central bank may need to tread carefully when considering interest rate cuts. Consumer prices rose by an annual 2.3% …

Gold prices climbed higher on Wednesday, bolstered by increasing safe haven demand as geopolitical tensions between Russia and Ukraine escalated. However, gains in the precious metal were somewhat restrained due to the persistent strength of the U.S. dollar. Spot gold edged up by 0.2% to $2,636.28 an ounce, while December …

The US Dollar traded sideways on Wednesday, November 20th, as geopolitical tensions between Russia and Ukraine continued to dominate market sentiment. Investors sought safety in the US Dollar, driving demand for the currency. However, a decline in US Treasury yields tempered the greenback’s strength.Key economic events to watch this week …

Gold prices rallied to a one-week high on Tuesday, trading now at $2630.38, up +0.72%, driven by escalating geopolitical tensions between Russia and Ukraine. The Kremlin’s announcement of a revised nuclear doctrine, which views attacks from non-nuclear states backed by nuclear powers as joint attacks, sparked investor concerns. As a …

Jeffrey Schmid, president of the Federal Reserve Bank of Kansas, expressed optimism on Tuesday, saying he thinks both employment and inflation are moving toward their target levels. The Fed policymaker did, however, warn investors that although the Fed is not preparing any preventative measures for potential government policies in the …

Trump’s administration has been criticized for potentially meddling with the Fed’s decisions about the US monetary policy. However, there is little Trump could do to threaten the Fed’s independence. Trump and some of his allies have suggested that Trump should be allowed to comment on interest rates, but this would …

Global Markets React to Russia’s Nuclear Doctrine UpdateGlobal financial markets experienced significant volatility on Tuesday, November 19th, as Russia’s revision of its nuclear doctrine sparked concerns about escalating geopolitical tensions. Investors flocked to safe-haven assets, driving up the value of currencies like the U.S. dollar, Swiss franc, and Japanese yen. …

Europe’s main stock index dropped to a three-month low on Tuesday as investor sentiment soured amidst escalating geopolitical risks and inflationary concerns linked to U.S. policies under President-elect Donald Trump. The pan-European STOXX 600 index fell 0.9%, on track for its third consecutive day of losses. Safe-haven assets, such as …