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 fell as optimism that the Federal Reserve will cut interest rates next month was shaken by continued uncertainty over economic data, following the longest government shutdown in U.S. history. Expectations for a Fed rate cut declined as the week progressed, with Fed officials showing little confidence in reducing borrowing costs. Higher interest rates typically make non-yielding bullion relatively less attractive to investors. Traders are now divided on the likelihood of a December rate cut, having previously expected a quarter-point cut less than a month ago. Attention now turns to...
Oil prices climbed around 2% on Friday, boosted by supply fears after the Black Sea port of Novorossiysk halted oil exports following a Ukrainian drone attack that hit an oil depot in the major Russian energy hub. Brent crude futures were up $1.50, or 2.4%, at $64.51 a barrel by 1115 GMT, while U.S. West Texas Intermediate crude advanced $1.57, or 2.7%, to $60.26 a barrel. Friday's attack damaged a ship in port, apartment blocks and an oil depot in Novorossiysk, injuring three of the vessel's crew, Russian officials said. The port paused oil exports and oil pipeline monopoly Transneft...
The US dollar strengthened again in today's session after being pressured by news of the US government reopening and expectations that delayed economic data would show weakness. However, the increase came due to comments from Federal Reserve (The Fed) officials that were more hawkish than market expectations, particularly the statement that an interest rate cut was unlikely in the near future. The dollar's rise was also supported by a surge in US bond yields, which made dollar-denominated assets more attractive in terms of yield compared to other currencies. With rising Treasury yields, the...
Gold struggles to capitalize on its modest intraday gains, though the downside seems limited. Reduced bets for a December Fed rate cut act as a headwind for the non-yielding yellow metal. Economic concerns weigh on the USD and could support XAU/USD amid the risk-off impulse. Gold refreshes daily low as reduced Fed rate cut bets offset weaker USD, risk-off mood Gold (XAU/USD) attracts some sellers following an intraday move higher to levels beyond the $4,200 mark and drops to a fresh daily low during the early part of the European session on Friday. A growing number of Federal Reserve...
Silver prices continued to climb on Friday, November 14, 2025, and moved within the range of USD 52-53 per troy ounce. Silver rose around 1.2% to USD 52.95 per ounce and was on track for a weekly gain of nearly 10%. This marked one of the best weeks of the year and brought prices back near the record level touched last October. This increase occurred in line with the weakening US dollar and strong investor interest in safe-haven assets following the end of the lengthy US government shutdown. In terms of sentiment, the market is still awaiting a clear direction on the Fed's interest rate...
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...