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 held above $32 an ounce on Thursday (2/6), holding near a three-month high hit in the previous session, as the dollar weakened sharply as concerns eased about a global trade war that could fuel inflation. The US and China have taken a cautious approach to tariffs, with US President Donald Trump and Chinese President Xi Jinping set to discuss trade developments and possibly reach a deal to roll back some existing tariffs. Source: Newsmaker.id
Gold prices fell on Thursday (2/6) as the dollar strengthened again, although concerns over the US-China trade war kept safe-haven bullion close to a record high hit in the previous session. Spot gold prices fell 0.4%. US Federal Reserve officials also pointed to the large policy uncertainty surrounding tariffs and issues arising from the early days of the Trump administration as one of the main challenges in figuring out where to take monetary policy in the coming months. Source: Newsmaker.id
Silver prices moved steadily for the Asian session on Thursday (6/2). Safe haven metals such as Silver strengthened due to increased risk aversion after the closing of global trade and economy. Traders are concerned that the US could impose tariffs on precious metal imports into the US after President Donald Trump announced the latest tariffs on Canada, Mexico, and China. Trump then postponed the tariffs imposed on Canada and Mexico.Source: Newsmaker.id
Gold prices moved at the level of $2068 at the start of the Asian trading session on Thursday (6/2). Gold continued to soar to a record high, after rising almost 1% in the previous session, as the initial attack of the US-China trade war triggered demand for safe haven assets.The response from China has been relatively calm compared to Trump's first term, when Beijing retaliated with tariffs that were almost equal to the US, but there are still many concerns about the impact on the world's two largest economies.Source: ads@ Newsmaker.id
Silver (XAG/USD) prices rose for the third straight session, during European trading hours on Wednesday (2/5). Safe-haven metals such as Silver gained on rising risk aversion amid global trade and economic uncertainty. In response to the new 10% US tariffs that came into effect on Tuesday, China imposed a 15% tariff on US coal and liquefied natural gas (LNG) imports, along with additional 10% tariffs on crude oil, farm equipment, and certain cars.
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...