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Energies

WTI rises above $95.50 as Trump rejects Iran’s proposal
WTI gained after Trump rejected Iran’s proposal, keeping the Strait of Hormuz effectively closed. Drone strikes hit a cargo ship…
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Forex

NZD weakens to near 0.5950 despite hotter Chinese CPI inflation data
NZD/USD softens to around 0.5950 in Monday’s early Asian session. China’s April CPI and PPI came in hotter than expected…
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Forex

AUD holds losses following China’s CPI inflation data
AUD/USD weakened as the US Dollar strengthened amid rising market risk aversion. China’s CPI rose 1.2% YoY in April, above…
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Forex

CAD remains depressed vs firmer USD; rising Oil prices limit further losses
USD/CAD trades with positive bias for the fourth straight day amid a broadly firmer USD. Iran tensions and hawkish Fed…
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Metals

XAG/USD jumps above $81.50 on strong industrial demand
Silver price climbs to around $81.50 in Monday’s early Asian session, adding 1.45% on the day. Demand from rising industrial…
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Metals

China’s Gold-buying spree continues with Hong Kong ETFs hitting records
China and Hong Kong registered inflows in Gold ETFs during April, with the latter seeing record-high numbers. Chinese demand for…
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Markets

US Dollar Index advances after Trump and Iran dismissed latest peace initiatives
US Dollar Index gains as risk aversion rises after President Trump and Iran rejected each other’s latest peace proposals. President…
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Forex

USD/CHF moves to near 0.7785 as hopes of US-Iran truce in near term fades
The USD/CHF pair rises to near 0.7785 as the US dismisses Iran’s response to its peace proposal. Iran wants the…
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Forex

EUR/JPY – Tests 50-day EMA barrier near 185.00
EUR/JPY is challenging immediate resistance at the 50-day EMA of 184.86. The 14-day Relative Strength Index around 47 indicates momentum…
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Energies

WTI declines as US-Iran deal hopes and Hormuz outlook weigh on Oil
WTI drops over 2% as US-Iran deal speculation builds. Traders focus on Hormuz headlines and Tehran’s pending response. Strong US…
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