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 rose on Monday (December 15th), boosted by a weaker US dollar and falling US bond yields. Spot silver rose 3% after recently hitting a record $64.65/oz. Fundamentally, the silver rally is still supported by a combination of a supply squeeze and industrial demand (e.g., the technology and energy sectors), coupled with sentiment toward more metal-friendly monetary policy. However, the market is also starting to be wary of the risk of "overheating" (high valuations and potential profit-taking), especially if news of tariff policies emerges that alleviate supply concerns. (alg)
Gold prices rose on Monday (December 15) as the US dollar weakened and US bond yields fell, making gold (a non-interest-bearing asset) more attractive. Fundamentally, market participants are pricing in the prospect of lower interest rates after the Fed recently cut rates by 25 basis points. Meanwhile, the next focus will be on the release of US data (especially Non-Farm Payrolls). If employment data is weak, expectations of further easing will usually grow, which could be an additional boost for gold. (alg) Source: Newsmaker.id
Silver prices remain at high levels after a strong rally in recent weeks. This increase is supported by expectations of lower interest rates, a weakening dollar, and solid industrial demand from the solar panel, electronics, and electric vehicle sectors. Silver's combined function as an industrial metal and a hedge makes it a sought-after asset for many investors. However, after a sharp surge, silver is now more vulnerable to corrections if there are even minor negative triggers, such as strong US economic data or hawkish comments from central banks. Profit-taking could quickly depress...
Gold prices rose to around US$4,320 per ounce on Monday (December 15), edging closer to an all-time high. The market is now focused on this week's US economic data to gauge the direction of the Fed's interest rate policy, particularly the jobs report (Tuesday) and inflation data (Thursday), which could be crucial for determining the next move. Last week, the Fed cut interest rates by 25 basis points for the third time this year, but the decision was not unanimous, as some officials believed inflation was still high and it would be safer to wait for additional data before easing again in...
Oil prices rose slightly on Monday, recovering slightly from a decline of around 4% last week. Brent traded around $61.22 per barrel and WTI at $57.67, boosted by concerns about supply disruptions due to escalating US-Venezuela tensions and Ukraine's attack on Russian oil refineries, although the market remains gripped by concerns about oversupply.Venezuelan oil exports reportedly plummeted following the seizure of a tanker and new US sanctions, while Baker Hughes data showed the number of oil and gas rigs in the US has fallen again. At the same time, Russia-Ukraine peace talks have the...
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...