Gold breached the coveted $1,800 per ounce on Thursday on accelerated geopolitical tensions between China and the United States. But Friday’s employment report could disrupt gold’s momentum, according to analysts. December gold futures rose $33 on Thursday, touching a daily high of $1,812. At the time of writing, gold trades …
Read More »Gold Prices Surge Amid Iran Tensions and Trade Uncertainty
Gold prices saw a sharp rise in Asian trading on Thursday, as safe-haven demand surged due to escala…
Market Drivers: Assets Dance to CPI Data, US-China Trade Talks
Markets buzzed with activity on June 11, 2025, as assets like gold, silver, and the Canadian Dollar …
Silver Stalls Near 13-Year Highs: Trade Talks, CPI Data Hold the Key
Silver prices (XAG/USD) have hit a speed bump after a meteoric rise to 13-year highs near $37.00, no…
US-China Trade Deal: A Step Toward Stability or a Fragile Truce?
On June 11, 2025, President Donald Trump announced a US-China trade deal as “done” via h…
Gold Prices Surge on Cooling US Inflation and Fed Rate Cut Bets
Gold prices climbed modestly on Wednesday, with XAU/USD trading near $3,341.75, up up+0.55% after br…
EUR/USD Gains Momentum, Eyes 1.1500
EUR/USD has accelerated its upward climb, nearing weekly highs hovering around 1.15, exactly trading…
Dow Jones Surges Past 43,000 Amid CPI Data, Trade Talks Progress
The Dow Jones Industrial Average (DJIA) has climbed above 43,000 for the first time since February, …
Supply Outlook: EU Eyes Russian Imports, and US Inventories Signal Market Shift
According to the Energy Information Administration (EIA), US crude oil production is projected to de…
Stock Movers: Tesla, GameStop, and Beyond
Tesla’s Surge Sparks Electric Vehicle OptimismTesla’s stock climbed significantly in pre…
Trade Optimism, Shrinking Inventories Fuel Oil Prices Rally
WTI crude oil prices have climbed above $65.00, marking a significant 2% intraday gain as of June 11…
Market Analysis
August, 2022
-
5 August 2022 1:40 am
Warner Brothers misses Q2 earnings expectations
Warner Bros. Discovery posted weaker than expected second quarter earnings Thursday amid a firestorm of speculation about a restructuring at the company that would cull costs.The media giant, which owns HBO, CNN, Warner Bros., HGTV and TLC, reported its earnings for the first time since it merged earlier this year, …
Read More » -
5 August 2022 12:34 am
Fed’s Mester supports further Interest rate hikes this year on till Mid 2023
President of the Federal Reserve Bank of Cleveland, Loretta Mester, said on Thursday that the Fed should raise interest rates to above 4% in order to bring inflation back down to target.The US dollar was lower vs. most major currencies on Thursday, down some 0.5% at the time of writing …
Read More » -
4 August 2022 11:49 pm
WTI Crude Retreats Below $90
The US crude oil benchmark dipped early on Thursday to the lowest level in months, falling below $90 a barrel for the first time since Russia invaded Ukraine at the end of February.WTI trades now at $91.9, but at 10:30 a.m. ET on Thursday, the US benchmark WTI Crude had …
Read More » -
4 August 2022 11:03 pm
Enverus Lowers Oil Price Forecast
In the latest signal of a faltering oil market, energy analytics and intelligence firm Enverus said it was lowering its outlook for crude oil prices in the face of a looming recession and signs of demand destruction. In an email, the firm said it was reducing its outlook for the …
Read More » -
4 August 2022 10:17 pm
Analyzing market reaction to NFP surprises
US Nonfarm Payrolls are expected to rise by 250,000 in July. Most assets, including gold, could likely react more significantly to any disappointing jobs report than a positive one. Gold’s movement has no apparent connection with NFP deviation four hours after the release.The headline job gains so far this year …
Read More » -
4 August 2022 9:20 pm
Secretary General: OPEC should tread a fine line as not to consume all oil reserves
OPEC Secretary General Haitham Al-Ghais told Al-arabiya TV, on Thursday, that the organization should tread a fine line as not to consume all oil reserves, the Organization’s Al-Ghais also commented on OPEC’s decision on Wednesday to only increase production by 100,000 barrels per day by saying: “we aim to test …
Read More » -
4 August 2022 8:46 pm
Jobless data suggests recession has not come yet
Initial jobless claims have been trending higher since early April in one of the clearest signs that the US labour market conditions have begun to deteriorate. While jobless claims have a successful track record foreshadowing recession, continuing claims are a better check on whether the economy is already slowing down.The …
Read More » -
4 August 2022 8:09 pm
Looming NFP Data Could Mean Choppy US Stocks Trading
The major US index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction following the rally seen in the previous session.The S&P 500 has gone back and forth during the US session, sitting below the 200 day EMA, as …
Read More » -
4 August 2022 7:22 pm
Semiconductors pressured on Taiwan’s geopolitical row
Truth to tell US House Speaker Nancy Pelosi left Taiwan but the visit has put commodities and supplies in focus once again on the island’s critical role in the global chip supply chain and in particular on the world’s biggest chipmaker, namely, TSMC.The controversial visit, which angered Beijing, was a …
Read More » -
4 August 2022 4:27 pm
Bailey speech: Parts of UK economy are still going forward strongly
Bank of England (BoE) Governor Andrew Bailey is delivering his remarks on the policy outlook and responding to questions from the press following the bank’s decision to hike the policy rate by 50 basis points to 1.75%. Quotes “We would have had to raise interest rates in double digits last …
Read More » -
4 August 2022 3:15 pm
BOE hikes policy rate by 50 bps to 1.75% as expected
Following its August policy meeting, the Bank of England announced that it raised the policy rate by 50 basis points to 1.75% as expected. The policy statement revealed that Monetary Policy Committee (MPC) member Silvana Tenreyro voted to hike the rate by 0.25 basis points.
Read More » -
4 August 2022 2:51 pm
Oil prices increase after falling to the lowest level in nearly 6 months
Oil prices held largely steady on Thursday as the market balanced tight supplies with demand concerns, after an increase in US crude and gasoline inventories pushed prices to multi-month lows in the previous session. By 0925 GMT, Brent crude futures rose 36 cents, or 0.37 percent, to $97.14 a barrel, …
Read More »