Markets
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WTI sticks to modest intraday losses around $61.70, moves little after mixed Chinese data
WTI kicks off the new week on a softer note, though the downtick lacks bearish conviction. The uncertainty over Iran-US…
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Week Ahead: A US debt downgrade and UK CPI
This week we should be talking about how in May, US equities have outperformed their European counterparts. However, instead the…
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Mid-Morning Market Update
Wall Street closed in the green on Friday (S&P 500: +0.7%, Nasdaq: +0.5%, DJIA: +0.78%, Russell 2000: +0.9%), but U.S. index futures slipped into losses after Moody’s Ratings cut the…
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XAG/USD remains below $32.50, upside seems possible due to US economic uncertainty
Silver price may rise following Moody’s decision to downgrade the US credit rating by one notch. The grey metal has…
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Gold price struggles to capitalize on modest intraday gains to $3,250 area
Gold price regained positive traction on Monday amid reviving safe-haven demand. A downgrade of the US credit rating and tariff…
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Gold – XAU/USD price plummets over 4% this week as risk sentiment improves
Gold price tumbles over 1.50% on the US-China tariff truce and related capital shift toward risk assets. US data shows…
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WTI crude oil rebounds above $61 as bulls defend $55 base, upside capped by Iran, OPEC+ supply risk
WTI snaps a two-day losing streak, key resistance sits at $65. Price reclaims 21-day EMA, technical momentum improves as RSI…
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Dow Jones Industrial Average finds fresh weekly highs as investor sentiment holds firm
The Dow Jones rose slightly on Friday, clipping into fresh weekly highs. Equity markets shrugged off a worse-than-expected print from…
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XAG/USD slips as US yields rebound, hovers below $32.50
XAG/USD capped at $32.73 (50-day SMA), supported by 100-day SMA near $31.88 amid choppy trade. RSI flat near neutral; a…
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Crude Prices Settle Higher on Diminished Prospects for a US-Iran Nuclear Deal
June WTI crude oil (CLM25) Friday closed up +0.87 (+1.41%) and June RBOB gasoline (RBM25) closed up +0.0074 (+0.25%). Crude…
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