If Israel failed to kill Hamas leaders in an air strike on Qatar on Tuesday, it would succeed next time, the Israeli ambassador to the United States said after the operation, which raised concerns it would torpedo efforts to secure a ceasefire in Gaza. "Right now, we may be subject to a little bit of criticism. They'll get over it. And Israel is being changed for the better," Yechiel Leiter told Fox News' "Special Report" programme late on Tuesday. Israel attempted to kill the political leaders of Hamas with the attack in the Qatari capital Doha on Tuesday, escalating its military action...
Silver prices held around $41.2 per ounce on Tuesday, near their highest level since 2011. This increase was supported by expectations of a Federal Reserve interest rate cut, which boosted demand for the precious metal. Investors are now awaiting the revised annual US employment data. If realized, this could signal the Fed to delay its full employment target and strengthen the case for an interest rate cut. Market focus is also on the release of two key inflation data this week: the August Producer Price Index (PPI) on Wednesday and the Consumer Price Index (CPI) on Thursday. Silver...
Brent oil prices rose in trading on Tuesday (September 9). This increase was supported by market expectations that global energy demand remains solid amid signs of slowing production from several major producing countries. Investors are also monitoring supply developments from OPEC+ and US economic data due this week, including inflation and employment data, which could influence the direction of the Fed's policy and market risk appetite. This movement added to positive sentiment for energy commodities after prices were depressed last week by concerns about a weakening global...
Gold prices hit a new record on Tuesday (September 9), driven by a weakening dollar and falling bond yields amid growing speculation of a Fed interest rate cut this month. Spot gold rose 0.4% to $3,651.38 per ounce, while December futures rose to $3,690.90. The market now rates an 89.4% chance of a 25 bps interest rate cut next week, and a 10.6% chance of a 50 bps rate cut, according to CME FedWatch. Weak US labor data and a surge in the unemployment rate are the main drivers of these expectations. DISCLAIMER Note: This article is for analytical purposes only and is not a definitive...
Gold prices are currently rising, driven by increased demand for safe-haven assets amid global uncertainty. Pressure from political turmoil and the prospect of a Fed interest rate cut this month has prompted investors to shift their portfolios to precious metals. Market sentiment is also supported by the weakening US dollar, which provides more room for gold to strengthen. Analysts believe that as long as macroeconomic and geopolitical uncertainty remains high, gold has the potential to maintain its momentum above the psychological level of $3,600. Source: Newsmaker.id
Gold hit an all-time high of $3,600, driven by expectations of a Fed rate cut, a weakening dollar, and safe-haven demand. Momentum remains strong, with institutional and ETF inflows driving the rally. Key levels: support at $3,560–3,580 (retest), then $3,520; resistance at $3,650 and $3,700. Quick strategy: buy on a price drop above $3,560, be aware of CPI/NFP data releases and a spike in yields. Keep a clear stop-loss (SL) below $3,520. The gold price at the time of writing was $3,605/Toz. DISCLAIMERNote: This article is analytical only and is not a definitive reference. Consider...
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
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Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Poland shot down a drone in its airspace on Wednesday with the support of military aircraft from its NATO allies. This is the first time a member of the Western military alliance is known to have...