Market Update

Crude oil prices climbed to their highest level of the week after the U.S. Dollar Index fell to a two-week low, offering support to energy markets. The rally was strengthened by multiple supply disruptions and fresh policy shifts indicating that the global oil market may tighten significantly in the months …

Gold and silver extended their upward momentum on Monday, driven by a softer U.S. dollar and growing confidence in an imminent Federal Reserve rate cut. Gold closed the session with a gain of nearly $20 per ounce, marking its highest level in over a month. Silver outperformed with a dramatic …

The Japanese yen advanced to a two-week high on Monday, pushing the USD/JPY pair down by roughly 0.5% as expectations grew that the Bank of Japan may soon raise interest rates. The move came after comments from BoJ Governor Kazuo Ueda, who signaled a willingness to consider tightening policy at …

The euro edged higher on Monday, climbing to its strongest level in two weeks against the U.S. dollar and closing the session with a 0.1% gain. The rise came as the dollar softened, giving the single currency room to advance.Additional support for the euro came from hawkish remarks by a …

Global equities opened the week on a downward trajectory, pressured by rising U.S. and Japanese government bond yields following comments from the Bank of Japan. The uptick in yields added headwinds to stock markets worldwide, pushing major indexes lower.In Europe, the Euro Stoxx 50 dropped 0.6%, while Japan’s Nikkei tumbled …

The British pound began the week on a firmer footing, supported by growing expectations that major central banks may soon shift toward easing monetary policy. The GBP/USD pair advanced modestly as investors increased their bets that the US Federal Reserve could cut interest rates as early as next week. At …

American manufacturing continued its downward slide in November, marking the ninth consecutive month of contraction. A key industry gauge dropped to 48.2%, its lowest level in four months, indicating ongoing strain across factory floors nationwide. Any reading below 50% signals a decline in activity, and this persistent slump highlights the …

U.S. stock futures moved lower on Monday as investors digested the implications of rising expectations for a Federal Reserve interest rate cut in December and speculation over the central bank’s next chair. By 06:28 ET (11:28 GMT): S&P 500 futures were down 42 points (-0.6%) Nasdaq 100 futures fell 182 …

Bitcoin fell sharply in Asian trading on Monday, kicking off the new month with renewed volatility after a serious incident at DeFi protocol Yearn Finance ignited widespread concerns over market liquidity. By 01:07 ET (06:07 GMT), Bitcoin was down 5.3% at $86,075.6, after touching an intraday low of $85,638.3. The …

Gold hovered near a six-week peak on Monday, supported by a softer U.S. dollar and firm expectations that the Federal Reserve will cut interest rates later this month. By 02:32 ET (06:32 GMT), spot gold was up 0.2% at $4,240.55 an ounce, after briefly touching $4,256.20, its highest level since …