Markets
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Chart of The Day – Gold under pressure again from the Fed and inflation concerns
While market attention is often focused on large declines in index futures, primarily following the massive drop of SpaceX during…
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Gold falls to $4,100 neighborhood on resilient USD, Fed hike bets and Iran uncertainty
Gold comes under renewed selling pressure amid the underlying USD bullish sentiment. The USD stands tall near a one-year high…
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WTI slumps below $73.00 as traders continue to watch US-Iran peace talks
WTI price tumbles to near $72.75 in Tuesday’s early European session. US Vice President said Iran will let international nuclear…
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Brent Drops Further
Brent crude oil dropped below $77 per barrel on Tuesday, extending losses from the previous session to its lowest level…
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Nickel Hits Over 2-Month Low
Nickel traded around $17,400 per tonne, falling to its lowest level in over two months, as investors extended profit-taking after…
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Trade of The Day – GBP/USD
Facts: GBPUSD bounced off the resistance area near 1.3260 The pair is trading below 100-period moving average from H1 interval…
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De-escalation in Hormuz, SpaceX drop fuels Big Tech decline
Commodities and Geopolitics Oil price drop: A barrel of Brent crude has fallen below the 78 USD level, as the…
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Gold weakens back below $4,150 amid Iran uncertainty, Fed hike bets, bullish USD
Gold comes under renewed selling pressure amid the underlying USD bullish sentiment. The USD stands tall near a one-year high…
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XAG/USD falls to near $63.00 as bearish bias persists
Silver price may find the primary support at the six-month low of $61.01. The 14-day Relative Strength Index at 34.64…
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India’s HSBC Manufacturing PMI eases in June: What 54.5 means for the Indian Rupee
The preliminary reading of India’s HSBC Manufacturing Purchasing Managers Index (PMI) eases to 54.5 in June versus 55.0 prior, the…
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