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 supported by global uncertainty following fresh tariffs from US President Donald Trump.The latest FOMC Meeting Minutes stressed the need for more time to assess various factors before considering any interest rate adjustments.The grey metal is supported by strong industrial demand driven by electrification and manufacturing.Silver (XAG/USD) bounced back from recent losses recorded in the previous session, The grey metal is gaining momentum as its safe-haven appeal remains strong amid global uncertainty. US President Donald Trump recently proposed a 25% tariff on cars, along...
Gold prices edged higher to a record high on Thursday morning (2/210) as fresh geopolitical tensions supported demand for the precious asset, with traders looking for past signals that the Federal Reserve is in no rush to cut interest rates.Meanwhile, investors were digesting the latest Fed minutes, which reiterated U.S. policymakers' cautious stance on interest rates amid stubborn inflation and economic uncertainty. Lower borrowing costs tend to benefit bullion, as it does not pay interest. Source: Newsmaker.id
Silver (XAG/USD) prices recovered from intraday losses and turned flat on Wednesday (2/19). The white metal bounced back as its appeal as a safe-haven asset remained strong amid concerns about a global economic slowdown from potential tariffs by United States (US) President Donald Trump. President Trump has threatened to impose 25% tariffs on cars, pharmaceuticals, and semiconductors and that the tariffs could increase substantially next year. Trump added that some tariffs could be imposed in April, the same time frame in which he had planned to unveil a reciprocal tariff plan as...
Gold prices rose to a record high on Wednesday (2/19) on safe-haven demand following US President Donald Trump's latest tariff threats, while investors await the minutes of the Federal Reserve's January policy meeting later in the day. It also follows Trump's recent move to impose a 10% tariff on Chinese imports and a 25% tariff on steel and aluminum earlier this month. Source: Newsmaker.id
Silver prices held above $32.5 an ounce on Wednesday after rising more than 2% over the past two sessions, as global trade uncertainty continued to boost demand for the precious metal as a safe-haven asset. US President Donald Trump said on Tuesday he plans to impose auto tariffs "in the region of 25%" and similar duties on semiconductor and pharmaceutical imports, raising concerns about a broader trade war. Meanwhile, investors are keeping an eye on US-led efforts to resolve the war in Ukraine, which could dampen demand for safe-haven assets such as silver. Silver hit a three-month high...
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...