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...
Gold moved in the area of $3339 during the European session on Thursday (08/05) amid news that United States (US) President Donald Trump is expected to announce a trade agreement with the United Kingdom (UK). Another factor is that the Federal Reserve maintained interest rates, and Chairman Jerome Powell said the central bank was in no rush to cut despite the uncertainty of the trade war. Until this news was released, the price of Gold was at the level of $3,339 Source: Newsmaker.id
Silver prices rose more than 1% on Thursday (08/05), recovering losses from the previous session as investors sought refuge in safe-haven assets amid ongoing economic and trade uncertainty. The recovery followed the Federal Reserve's decision on Wednesday to keep interest rates steady, as expected. However, Chairman Jerome Powell was cautious, highlighting rising risks to inflation and employment, and downplaying the possibility of preemptive rate cuts to mitigate the potential economic impact of new tariffs. Source: Newsmaker.id
Gold rose on Thursday after the Federal Reserve kept interest rates unchanged, and Chairman Jerome Powell said the central bank was in no rush to cut despite the trade war. Powell warned that President Donald Trump's tariff agenda raised the risk of higher inflation and slower growth, but added that the Fed could afford to hold off on policy until officials had a better understanding of where the economy was headed. Source: Newsmaker.id
Prices fell after two consecutive days of gains. The decline came as safe-haven demand weakened following news that US and Chinese officials will meet this week to discuss trade, raising hopes of a de-escalation.In a key development, US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are scheduled to meet Chinese Vice Premier He Lifeng in Geneva over the weekend. This marks the first high-level dialogue since the US imposed tariffs that sparked a global trade conflict. China's Commerce Ministry confirmed Beijing's willingness to engage, taking into account the US...
Gold trimmed earlier losses after the Federal Reserve kept its benchmark interest rate unchanged, resisting growing political pressure to ease monetary policy.The US central bank, meanwhile, kept interest rates in a range of 4.25%–4.5%, citing ongoing economic uncertainty and increased market volatility.In its post-meeting statement, the Fed highlighted rising risks to inflation and unemployment, reinforcing its cautious stance on future rate adjustments.As of press time, Gold was trading at $3,371 Source: Newsmaker.id
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...