Markets
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The Week Ahead – Three Events to Watch
Key takeaways US inflation takes centre stage: July CPI could significantly influence expectations for a September Fed rate hike, particularly…
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TTF gas rises over 6% near 58 EUR
Natural gas prices in Europe are reacting with a strong increase to the ongoing impasse in the Strait of Hormuz…
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Chart of the Day: USD/JPY Recovers After Disappointing Payroll Data
The USD/JPY exchange rate quickly recouped most of the losses triggered by the weak US labour market report and is…
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Gold bulls seem hesitant near $4,350 as Iran risks and Fed hike bets support USD
Gold attracts some dip-buyers at the start ofa new week, though it lacks follow-through. . Oil prices fuel inflation fears…
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WTI comes off from day’s high as investors seeks clarity on Hormuz reopening
The Oil price retreats from the day’s high to near $77.55, but is still holding significant intraday gains. Iran wants…
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Iron Ore Slips as Global Shipments Rise
Iron ore futures declined to around CNY 711 per ton, resuming their downward trend after data showed global shipments jumped…
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DAX Hits Fresh Highs as FTSE 100 Edges Lower, While European Stocks Hover Near Records
DAX Rises to Fresh High The DAX 40 edged up 0.2% to around 26,360 in early trading on Monday, extending…
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Copper Pulls Back from Record Highs
Copper futures slipped below $6.6 per pound on Monday, retreating from record levels reached last week as traders took profits…
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XAU/USD retreats from June 17 highest amid USD uptick; holds above $4,300 pivotal support
Gold kicks off the new week on a softer note as Mideast tensions benefit the safe-haven USD. Oil prices fuel…
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XAG/USD starts US CPI week on flat note around $63.50
Silver price trades flat at the start of the US CPI data week. Traders trim hawkish Fed bets due to…
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