Markets
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Economic Calendar – A Batch of PMI reports will move attention away from bonds?
Recent sessions have been marked by stress surrounding the rising cost of servicing global debt. A rapid rebound in US…
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Bitcoin surges to $75k, Wall Street tries to stabilize
Yesterday’s session on Wall Street ended distinctly weaker. Bond yields quickly bounced back after an earlier dip, as investors concluded…
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Copper Rises as Supply Concerns Persist
Copper futures climbed above $6.5 per pound on Friday, recovering losses from earlier in the week as tight physical supply…
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Platinum Hits 11-Week High
Platinum futures climbed above $1,870 an ounce, hitting an eleven-week high, as a weaker US dollar and renewed demand for…
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Sugar Prices Extend Recent Rally as India Eases Sugar Import Duties
October NY world sugar #11 (SBV26) closed down -0.03 (-0.17%) on Thursday, and October London ICE white sugar #5 (SWV26)…
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Gold advances to fresh high since June amid renewed USD selling, fading Fed hike bets
Gold regains positive traction as the USD hangs near a three-month low amid receding Fed rate-hike bets. Inflation risks stemming…
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United States Dollar Index trades around 99.75-99.70, hangs near three-month low
DXY struggles to capitalize on the previous day’s modest bounce from an over three-month trough. Receding Fed-hike bets undermine the…
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Silver Price – XAG/USD surges to near $69.00 amid heightened volatility
Silver jumped nearly 6% this week as investors fled volatile currency and bond markets. Massive US debt buybacks initially drove…
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Bitcoin Eyes Best Week in Over 2 Years
Bitcoin continued its bullish run toward $75,000 in August, hitting its highest level since late May and poised for a…
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Oil Rises by Over 2%
Crude oil climbed more than 2% to around $86.70 a barrel on Thursday, reaching its highest level since July 24,…
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