According to US intelligence sources speaking to Newsweek, the US has informed Ukraine of a Russian plan to invade with 48 hours. An intelligence official said that the US had informed Ukrainian President Volodymyr Zelenskyy that the Russian plan would involve air strikes, cruise missiles, ground troops and cyberattacks.The US …
Read More »US Bliken’s Remarks Impact gold market sentiment
Gold: US Bliken’s Remarks Impact market sentiment Gold prices were trapped in a range as sellers emerge to sell the news on Russia. Fed is moving back into focus as the Russian risk premium starts to decay. Traders watching for further deployment of Russian troops in expanded borders of Donetsk …
Read More »Gold Slips From Over 8-Month High
Gold fell on Monday after hitting its highest level in more than eight months, as demand for safe havens waned after the US and Russian presidents announced their intention to hold a summit on the Ukraine crisis, and the metal came under further pressure from an expected interest rate hike …
Read More »Gold Hits $1900 As Russia-NATO Tensions Boil
The Gold Index (XAU/USD) hit $1900 per ounce for the first time since June 2021 on Thursday, taking its on-the-day gains to more than 1.5% as geopolitical tensions between Russia, Ukraine and NATO simmer, stimulating demand for safe-haven assets.Gold now trades more than 2.0% higher on the week, taking its …
Read More »WTI Surges On Ukraine President’s Statements
US crude oil barely advances, following Friday’s jump of 3.78%. At the time of writing, WTI is trading at $94.00, almost flat.Geopolitical events dampened the market mood in the financial markets. Russia’s intentions of a possible invasion of Ukraine keep crude oil prices upward pressured, based on the fact that …
Read More »USD/JPY Rebounds On Hawkish Fed Speakers, Higher US Yields
The USD/JPY pair has rebounded from the 1.1500 level during the US trading session on Monday, having failed on multiple occasions since last Friday to break below the key level. The pair is now trading close to highs of the day in the 115.60s, up about 0.2% and is eyeing …
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