Markets
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WTI Crude falls as Iranian proposal raises hopes for renewed US-Iran negotiations
WTI Crude falls after reports of Iran’s new proposal to the US aimed at ending the war. Ongoing Strait of…
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US Stocks Rise to New Records
US equities were higher as markets looked past the prolonged disruption of oil exports from the Middle East and focused…
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Canadian Stocks Underperform
Canada’s S&P/TSX Composite index inched lower on Friday, underperforming its US counterparts on pressure from energy producers and banks as…
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Gold heads for second weekly loss as higher-for-longer rate bets dominate
Gold heads for a second straight weekly decline as higher-for-longer rate bets weigh. Strong central bank buying and retail investment…
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Aluminum Rebounds from 3-Week Low
Aluminum futures in the UK rebounded to $3,520 per tonne from the three-week low of $3,480 on April 29th amid…
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U.S. Futures Hold Rally
Futures tracking US equities were muted higher on Friday, holding their recent rally with support from fresh corporate earnings as…
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Three Markets to Watch Next Week: USDJPY, US500, OIL
ey takeaways BoJ Intervention Confirmed: Bank of Japan data points to a massive 5.4 trillion yen intervention triggered after USDJPY…
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FX markets steal the limelight, as US stocks start May on a high note
The main focus on Friday is the FX markets, as the fallout from the energy price spikes cause havoc in…
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Chart of The Day – Intervention on the Yen? Tokyo Challenges Speculators
Intervention at 160: Breaking the psychological USDJPY barrier forced Tokyo to act, pushing the rate down to 155 amid low…
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Technical Analysis – Gold gains 1.5% amid weakening US dollar
Aweaker US dollar and lower Treasury yields are supporting a rebound in gold prices, which are attempting to break their…
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