Markets
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Trade of the day: GBP/AUD
Facts: The price bounced off key resistance at 1.9070 The price sits below the 100-period moving average from D1 interval…
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Breakthrough in the Middle East or Washington’s Image Capitulation?
The signed memorandum between Donald Trump and Masoud Pezeshkian officially, and at least for the moment, ends the war, opens…
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BMW shares fall to the lowest level since November 2020. Germany automakers face new problems?
Shares of iconic German automaker BMW fell today to their lowest level since autumn 2020 after the company released surprisingly…
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Orlen, CEE’s largest listed company, slides as oil falls below $80
Key takeaways Orlen (PKN.PL) shares have fallen from around PLN 148 to PLN 124. Global crude oil prices have retreated…
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Market Returns to Normalcy After Hawkish Fed Forecasts and a Mixed Warsh
Macroeconomics & Central Banks Fed Rate Decision: The US Federal Open Market Committee (FOMC) maintained the benchmark interest rate in…
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Gold clings to gains above $4,300 as Iran peace deal offsets hawkish Fed and weighs on USD
Gold regains positive traction following the previous day’s post-FOMC slump to the weekly trough. The optimism over a US-Iran peace…
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Copper Falls as Oyu Tolgoi Exports Resume
Copper futures dropped below $6.4 per pound on Thursday, giving back gains from earlier in the week after Rio Tinto…
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Sugar Prices Rise on Weak India Monsoon Rains
July NY world sugar #11 (SBN26) on Wednesday closed up +0.03 (+0.22%), and Aug London ICE white sugar #5 (SWQ26)…
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United States Dollar Index holds losses after pulling back from 11-week highs
US Dollar Index remains subdued after pulling back from an 11-week high of 100.57 reached on Wednesday. The Greenback slips…
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XAG/USD rises above $69.00, but stays constrained below 100-day SMA
Silver price advances to around $69.15 in Thursday’s Asian session. The white metal keeps a bearish vibe under the key…
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