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 fell after continuing their upward momentum for the fourth straight day, during European trading hours on Monday. However, the white metal's downside potential appears limited due to economic uncertainty over the impact of the global trade war and a weakening Greenback. Source: Newsmaker.id
Gold rose above $2,980 an ounce on Monday (03/17), holding near a record level, amid strong safe-haven demand. Fresh geopolitical risks boosted bullion prices after the U.S. said it would continue its offensive against Yemen's Houthis until they stop attacks on shipping in the Red Sea. In addition, concerns over an escalating trade war, sparked by a tariff exchange between the U.S. and its major trading partners, further strengthened gold's appeal as a safe haven. Source: Newsmaker.id
Silver (XAG/USD) prices fell after extending its upward momentum for the fourth straight day, during European trading hours on Friday (3/14). Silver's gains were limited as the US Dollar (USD) continued to strengthen. A stronger USD makes Silver more expensive for foreign buyers, potentially dampening demand Source: Newsmaker.id
Gold was above $2,995 an ounce on Friday in the trading session. It appears poised to post a strong gain for the second straight week. Meanwhile, Investors remain concerned about the potential economic impact of US President Donald Trump's aggressive trade policies.This, along with speculation that the Federal Reserve (Fed) will cut interest rates several times in 2025, turned out to be the main factors that acted as a driver for the non-yielding yellow metal. Source: Newsmaker.id
Gold hovered above $2,980 an ounce on Friday, a record high and poised for a weekly gain of more than 2%, boosted by risk aversion and rising expectations of a Federal Reserve interest rate cut. In the latest escalation of U.S. President Donald Trump's multi-front trade war, he warned of 200% tariffs on European wine and other spirits after the EU imposed a 50% tax on American whiskey exports. 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...