Markets
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ECB preview: Central banks take a lurch to the dovish side
A theme is emerging as we move towards the final weeks of Q2, central banks are getting more dovish. ECB…
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XAG/USD maintains position around $34.50 due to safe-haven demand
Silver price receives support from increased safe-haven demand amid rising economic uncertainty. The weaker US economic data increased the odds…
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Nat-Gas Prices Slip as US Weather Forecasts Moderate
July Nymex natural gas (NGN25) on Wednesday closed down by -0.006 (-0.16%). July nat-gas prices on Wednesday posted modest losses…
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Chart of The Day – AUD/USD
Today we received the Q1 2025 GDP report for Australia. The data came in slightly below market expectations, both on…
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Gold price trades with positive bias above $3,350, remains close to multi-week top
Gold price regains positive traction following the overnight pullback from a multi-week peak. Fed rate cut bets and US fiscal…
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XAG/USD bulls have the upper hand near mid-$34.00ish, just below YTD top
Silver consolidates in a narrow trading band just below the YTD peak touched on Monday. The bullish technical setup supports…
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Crude Prices Settle Higher on Energy Demand Optimism and Canadian Wildfires
July WTI crude oil (CLN25) Tuesday closed up +0.89 (+1.42%), and July RBOB gasoline (RBN25) closed up +0.0263 (+1.28%). Crude…
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Prospects of Above-Normal US Temps Boost Nat-Gas Prices
July Nymex natural gas (NGN25) on Tuesday closed up by +0.028 (+0.76%). July nat-gas prices on Tuesday added to Monday’s…
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Chart of The Day – AUD/USD
BA Minutes Reveal Dovish Lean Amid Global Uncertainties During the Asian session, the Reserve Bank of Australia (RBA) published the minutes from…
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XAU/USD retreats from multi-week top as a recovering USD prompts mild profit-taking
Gold price attracts some intraday sellers amid a modest USD rebound from a multi-week low. Fed rate cut bets and…
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