Tag Archives: commodities

The US dollar continued its losing streak on Tuesday, marking the third consecutive day of declines. This weakening of the greenback is a direct reflection of the broader risk-on sentiment that has gripped financial markets. As investors digested recent economic data and eagerly awaited the crucial US inflation report, the …

The critical metals market, the lifeblood of electric vehicles and modern electronics, is engulfed in a bitter competition for supremacy. Western mining companies are on one side, supporting techniques that are ethically and environmentally sound. China, an industrial giant with an unrelenting thirst for output and market dominance, is situated …

As inflationary pressures persist worldwide, commodities have emerged as a focal point for investors seeking stability and growth. Among the trio of silver, oil, and gold, each commodity tells a unique story of resilience and opportunity.Industrial DynamoSilver, often dubbed the “poor man’s gold,” has surged approximately 22.5% in the first …

With another session of quiet trading activity across the FX sector, the US dollar moved marginally defensively. At their discussion panel at the ECB Forum, Fed Chair Jerome Powell and ECB President Christine Lagarde left no space for surprises in the interim. Investors are bracing themselves for a plethora of …

Gold prices have continued to decline since the beginning of trading on the first day of the new week’s trading, following in the footsteps of commodities that took a downward trend since the opening bell.Spot gold contracts fell to $2,318 per ounce, compared to the previous daily close, which recorded …

With political unpredictability engulfing Europe in the wake of the June 9 European Parliamentary elections, the US dollar gained momentum this week. The safe-haven dollar gained due to this risk aversion. The USD Index (DXY) surged above 1.05. It reached multi-week highs. Under pressure from the political concerns, the Euro …

Contemporary technologies are undoubtedly reshaping the financial assets and trading industry, and markets are undergoing major transformations due to emerging technologies. This report explores some of the key areas of influence of the most prominent technologies in today’s world.Blockchain and supply chain transparency: Blockchain technology ensures secure and transparent transactions …

The Canadian dollar has been under scrutiny recently as investors closely monitor economic data and central bank statements. Here’s a breakdown of the recent developments and their impact on the CAD as the USD/CAD pair is 0.20% up trading at 1.3651 at the time of writing.Inflation Data, Rate Cut Bets …

The Dollar’s recent pause gave the opportunity to risk-related assets for some breather. Because of the dollar’s exhaustion following its recent climb, the US Dollar Index (DXY) witnessed a correction, while the risk-averse galaxy saw some rebound despite ongoing geopolitical concerns and a strong belief in an ECB rate drop …

Risk-linked assets regained some momentum amid a mild corrective decline in the US Dollar and rising speculation of a Fed rate cut later in 2024. In the meantime, the ECB left rates unchanged as expected and opened the door to a rate cut in June.Economic DataBased on annualized data released …