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 surged to above $60 per ounce on Tuesday as expectations of an imminent 25 bp Fed cut met a pronounced squeeze in the physical market. Futures pricing keeps real policy rates on a path that favors precious metals even though stronger labor data cloud the medium term outlook. Meanwhile, industrial demand has risen sharply, led by solar panels, electric vehicles and electronics, while mine production has repeatedly failed to keep pace with consumption, creating a structural deficit. That shortfall showed up in the market plumbing, with visible draws in benchmark stocks, constrained...
Oil prices edged lower on Tuesday, after falling 2% in the previous session, with investors keeping a close eye on peace talks to end Russia's war in Ukraine, concerns about ample supply and a looming decision on U.S. interest rates. Brent crude futures fell 52 cents, or 0.83%, to $61.96 a barrel at 11:30 a.m. ET (1630 GMT). U.S. West Texas Intermediate crude dropped 62 cents, or 1.05%, at $58.26 a barrel. Both contracts fell by more than $1 a barrel on Monday after Iraq restored production at Lukoil's West Qurna 2 oilfield, one of the world's largest. Ukraine will share a revised peace...
Harga emas menguat pada perdagangan hari ini meskipun data JOLTS Job Openings menunjukkan peningkatan jumlah lowongan kerja di AS. Secara teori, data tenaga kerja yang lebih kuat harusnya mendorong dolar menguat dan menekan harga emas. Namun pasar tidak bereaksi sesuai textbook karena investor menilai kenaikan JOLTS kali ini tidak cukup kuat untuk mengubah ekspektasi terhadap kebijakan Federal Reserve. Dengan inflasi yang cenderung moderat dan komentar bernada dovish dari beberapa pejabat The Fed akhir-akhir ini, pasar tetap memandang peluang pemangkasan suku bunga sebagai skenario dominan....
Gold rose on Tuesday as investors braced for a Federal Reserve interest rate cut in December and looked for signs of whether policymakers would outline a slower easing path when their two-day meeting begins later. Spot gold prices rose 0.36% to $4,203.65 an ounce at 11:30 GMT. U.S. gold futures for February delivery rose 0.4% to $4,232.9 an ounce. "With ongoing geopolitical turmoil increasing the precious metal's appeal as a safe-haven asset, and a dovish outlook for the Fed, which remains under political pressure to lower borrowing costs, the path of least resistance for gold prices is to...
Oil prices held steady on Tuesday after falling 2% in the previous session, with investors monitoring peace talks to end Russia's war in Ukraine, concerns about abundant supplies, and the upcoming US interest rate decision. Brent crude futures rose 22 cents, or 0.4%, to $62.71 a barrel at 11:45 GMT. U.S. West Texas Intermediate crude rose 20 cents, or 0.3%, to $59.08 a barrel. Both contracts fell more than $1 a barrel on Monday after Iraq restored production at Lukoil's West Qurna 2 oil field, one of the world's largest. Ukraine will share a revised peace plan with the US following talks...
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...