Renewed tensions between the United States and Russia have resurfaced following an incident involving an oil tanker, sparking market concerns about potential disruptions to global energy supplies. Washington's move, associated with tightening oversight and enforcement of sanctions on Russian oil shipments, is viewed by Moscow as provocative and could worsen relations between the two countries. Russia views these actions as an attempt by the United States to suppress Russian energy exports and strengthen its dominance in the global oil market. Meanwhile, Washington argues that these measures...
Silver prices are currently down from a 14-year high touched earlier this week. Corrective pressure emerged after a prolonged rally fueled by expectations of a Federal Reserve interest rate cut and increased safe-haven demand amid global fiscal uncertainty. Investors are likely taking profits while awaiting clarity on the direction of US monetary policy, particularly regarding the potential for a rate cut at the upcoming meeting. Despite the correction, silver's medium-term outlook remains relatively strong. Rising geopolitical risks, global trade tensions, and surging industrial demand,...
The global gold price has once again made history, breaking a new record high of US$3,546 per ounce in trading on Wednesday (September 3) morning. This surge was triggered by growing expectations of a Federal Reserve (The Fed) interest rate cut, a weakening US dollar, and a surge in investor funds flowing into safe-haven assets. The market believes the US central bank is highly likely to cut interest rates at its September meeting. A looser monetary policy has weakened the US dollar and increased gold's appeal as a hedge. President Donald Trump's pressure on the Federal Reserve and...
Oil prices rose slightly amid geopolitical tensions, particularly the Ukraine attack on Russian refineries that has strained supply, as well as low inventories in the US.However, the global demand outlook is weak due to the US trade war and the risk of an economic slowdown. The market is awaiting the OPEC+ decision later this week, which is expected to maintain stable supply.Oil prices at the time of writing were at $68.86DISCLAIMERNote: This article is analytical for analytical purposes only and is not a definitive reference. Consider fundamental and technical developments in trading before...
Gold prices (XAU/USD) strengthened on a combination of bets on a Fed rate cut this month and a weaker US dollar, which has depressed real yields and increased the appeal of zero-coupon assets. The dovish tone from Fed officials and the PCE data, which met expectations, kept the likelihood of a 25 bps cut high. On the sentiment side, concerns about the Fed's independence and uncertainty regarding US tariffs also fueled hedging demand. Inflows into gold-backed ETFs and continued central bank buying added to fundamental support. Source: Newsmaker.id
Silver is trading around $40.6 per ounce, near its highest level since 2011. Positive sentiment stems from expectations of a Fed interest rate cut this month and growing safe-haven demand amid uncertainty over US tariff policy. On the industrial front, silver's prospects are also supported by surging demand for the green energy sector. China's solar cell exports surged more than 70% in the first half of this year, particularly to India, strengthening the outlook for global silver consumption.Silver prices at the time of writing were up 2.21% at $40.653/Toz.DISCLAIMER Note: This article is...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
European stock indices closed marginally lower on Wednesday as equities took a breather from their recent strong momentum, while investors continued to assess the outlook for the ECB's policy this...
The upcoming Supreme Court ruling on the legality of President Donald Trump's massive tariffs, which rocked markets in April, is one of the next major tests for US stocks and bonds.
Equity markets...