Markets
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BoE expected to cut interest rate to 4.25% despite inflation remaining above objective
The Bank of England is expected to lower its policy rate to 4.25%. UK inflation figures remain well above the…
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XAU/USD surrenders major part of intraday gains; downside potential seems limited
Gold price struggles to capitalize on its intraday move higher beyond the $3,400 mark. The Fed’s hawkish pause underpins the…
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XAG/USD remains close to bullish flag hurdle near $33.20 area
Silver regains positive traction following the previous day’s pullback from over one-week high. The technical setup favors bullish traders and…
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Nat-Gas Prices Rally on Expectations of Increased US Nat-Gas Exports
June Nymex natural gas (NGM25) on Wednesday closed up by +0.158 (+4.45%). June nat-gas prices settled sharply higher on Wednesday.…
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Gold price sticks to intraday gains near $3,400 amid trade-related uncertainties
Gold price regains positive traction as trade-related uncertainties boost safe-haven assets. The USD struggles to attract any follow-through buying despite…
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WTI rises above $58.00, trade uncertainty caps gains
WTI price gains ground due to a decline in US crude inventories. Oil prices may lose ground due to lingering…
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Lack Lustre Gold Ahead of Fed Decision
Today’s Federal Reserve decision is widely anticipated to deliver no surprises, with interest rates expected to remain on hold. The…
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Friedrich Vorwerk (VH2.DE) Shares down 5% Despite Strong Q1 Report
Shares of German energy infrastructure specialist Friedrich Vorwerk (VH2.DE) are down nearly 5.5% today, ranking among the weakest performers on…
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Trade of The Day – CAD/JPY
CADJPY bounced off the key short-term support at 104.05 The pair has been trading in a downward move since 2nd…
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Gold Falls as progress in US-China trade talks offsets India-Pakistan conflict
Gold drops over 1% as China and the US announced that top officials are set to meet in Switzerland this…
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