Markets
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Steel Rebounds as Global Output Stabilizes
Steel rebar futures climbed above CNY 3,200 per ton, recovering from three-week lows as global steel production declined in April…
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DAX Hit 3-Month Highs
Frankfurt’s DAX 40 rose 0.7% to cross the 25,000 mark on Monday, the highest since late February, buoyed by signs…
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Iran’s Foreign Ministry: Management of Hormuz belongs to coastal countries
A spokesperson from the Iranian Foreign Ministry said during the European session on Monday that Tehran is “negotiating an end…
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Oil Prices Fall: Renewed Hopes for the Opening of the Strait of Hormuz
Monday, May 25, began on financial markets with a sharp decline in oil prices, a powerful opening for Wall Street…
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Chart of The Day: GOLD
Gold is up 1.21% today, approaching the $4,560 per ounce mark. The move is primarily driven by a weakening US…
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US100 surges 1.5%
US100 climbs toward 30,000 as lower oil prices boost Wall Street sentimentProspects for progress in negotiations between the United States…
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6% fall in one day: WTI Oil price tumbles on hopes of Hormuz reopening
The Oil price faces intense selling pressure on hopes of the Strait of Hormuz reopening. US President Trump said that…
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Asian stocks rally on Mideast peace hopes; Japan’s Nikkei hits record high above 65,000
Asian stocks surge on Monday as hopes for a US-Iran peace deal trigger a risk-on rally. A slump in Oil…
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AUD/JPY Price Forecast: Gains momentum, holding bullish bias above 100-day EMA
AUD/JPY strengthens to near 113.80 in Monday’s early European session. The cross keeps a constructive bias above the 100-day EMA.…
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Gold sticks to gains as Iran diplomacy hopes weigh on USD; upside potential seems limited
Gold kicks off the new week on a positive note as US-Iran peace deal hopes undermine the USD. The US…
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