European equities drifted lower at the open on Monday, with investors uneasy about global growth and bracing for a pivotal earnings update from AI bellwether Nvidia later this week. At 03:02 ET (08:02 GMT), Germany’s DAX was little changed, France’s CAC 40 slipped 0.1%, and the U.K.’s FTSE 100 fell …
Read More »Gold Extends Losses as Markets Fade Odds of December Fed Cut; Dollar Firms Ahead of Data
Gold fell in Asian trading Monday, extending last week’s pullback as traders further priced out the likelihood of a Federal Reserve rate cut next month and the U.S. dollar nudged higher. Spot gold: $4,053.84/oz (-0.6%) by 00:33 ET Dec futures: $4,055.91/oz (-0.9%) Policy repricing pressures bullion A swift reset in …
Read More »Asia Stocks Slip as Japan GDP Contracts; Nvidia Earnings Keep Tech on Edge
Asian equities edged lower Monday, with Japanese shares under pressure after data showed the economy shrank sharply in the third quarter, while caution ahead of Nvidia’s results kept a lid on risk appetite. U.S. equity futures firmed, hinting at a potential rebound on Wall Street after a choppy start to …
Read More »Weekly market recap: Fed is expected to send cautious messages after reopening
Last week in the financial markets was packed with significant developments—both on the economic front, with new data and fresh indicators, and on the political front, culminating in the end of the government shutdown. Beyond that, global equity movements drew considerable attention, accompanied by mounting concerns over a potential bubble …
Read More »Oil Prices Leap as Ukraine Strike Rekindles Fears of Supply Disruptions
Oil markets surged on Friday after a new wave of Ukrainian drone strikes hit a major Russian export hub, reigniting concerns about global supply stability and pushing crude benchmarks sharply higher in early Asian trading. The escalation injected fresh volatility into a market that has recently been dominated by worries …
Read More »Fed Signals Disinflation Ahead Amid Border Policy Shift
The U.S. Federal Reserve has signaled that recent changes in border policy may help ease inflationary pressures. In a recent statement, Fed Governor Stephen Miran emphasized the importance of forward-looking monetary policy, noting that wage growth has moderated and shelter inflation shows signs of softening. According to Miran, relying solely …
Read More »AI Rally Outshines the Dow as Markets Await Delayed US Data
The Dow Jones Industrial Average ended Friday on the back foot, trailing its major index peers as a resurgent wave of enthusiasm for AI stocks pulled investor attention elsewhere. The index briefly slid by nearly 600 points before trimming losses to roughly 150 points by the close, but the late …
Read More »Gold Pulls Back as Dollar Strengthens Amid Cautious Fed Outlook
Gold retreated on Friday after a strong rally earlier in the week, slipping from recent three-week highs as momentum faded and the US Dollar steadied. The metal hovered near $4,100, reflecting a shift in sentiment driven by a more cautious outlook from Federal Reserve officials.The end of the US government …
Read More »USD/CHF: Modest Rebound After Trade Deal Boosts Market Mood
The USD/CHF pair managed to recover from earlier losses on Friday, bouncing off its weakest level in nearly a month as news of a new US-Switzerland tariff agreement lifted sentiment. The pair climbed back toward the 0.7930 area, ending a seven-day losing streak and benefiting from a slightly firmer US …
Read More »Silver Retreats After a Stellar Rally — But Momentum Remains Strong
Silver slipped today after a powerful multi-day surge that had carried it close to historic highs. The pullback marks a moment of cooling in what has been one of the metal’s strongest weeks in recent memory. Silver is lower on the day , falling 2.1% to about $51.18, as the …
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