Markets
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Gold slips near $4,500 as Oil rally and US yields weigh on bullion
Gold drops nearly 2% to $4,560, heading for weekly losses above 8.5%. US 10-year yield jumps to 4.38% as markets…
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DAX Slips to 11 Month Lows While The FTSE Followed Suit
DAX Slips to 11-Month Lows Germany Stock Market Frankfurt’s DAX 40 closed about 2% lower at 22,380 on Friday, the…
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Week Ahead – Mar 23rd
The war in the Persian Gulf will remain the driver of market movements as energy exports from the region are…
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Will Europe slide into a recession?
The turmoil in commodity markets, driven by events in the Middle East, is not great news for the global economy.…
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Crude Prices Surge on Reports the US is Preparing Troop Deployment in Iran
April WTI crude oil (CLJ26) on Friday closed up +2.18 (+2.27%), and April RBOB gasoline (RBJ26) closed up +0.1591 (+5.09%).…
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SAP Loses 4% Despite Recommendation From Bernstein
Bernstein SocGen Group has reiterated its Outperform rating on SAP shares and maintained its price target at $322 (€278), compared to the…
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U.K Debt Sell Off Worse Than Eleswhere
The bond market is leading the sell off today, even though gains for the oil price are moderate compared to…
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Today Markets – Market Update
European equities opened Friday’s session with notable gains, rebounding after earlier declines driven by growing concerns over the impact of…
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Chart of The Day – EUR/USD
The EURUSD pair remains under pressure, trading around 1.157–1.1580 USD per euro. Today’s movements are driven by a combination of…
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