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...
Emas bertahan dalam penurunan empat hari karena reli tajam dolar membebani logam tersebut, bahkan ketika data inflasi AS mendukung kasus penurunan suku bunga Federal Reserve bulan depan. Emas stabil setelah penurunan 1% pada sesi sebelumnya yang mendorongnya ke level terendah delapan minggu. Pengukur dolar telah naik ke level tertinggi dua tahun karena ekspektasi bahwa kemenangan Presiden terpilih Donald Trump akan meningkatkan pertumbuhan ekonomi dan laba perusahaan. Greenback yang lebih kuat membuat komoditas yang dihargakan dalam mata uang tersebut lebih mahal bagi sebagian besar...
US benchmark West Texas Intermediate (WTI) crude oil prices traded around $67.90 on Thursday (11/14). WTI prices recovered slightly amid a surprise drop in crude oil. However, a stronger US Dollar (USD) in general may cap gains. The American Petroleum Institute (API) weekly report showed crude oil stockpiles fell last week. Crude oil stocks in the United States for the week ended November 8 fell by 777,000 barrels, compared with a build of 3.132 million barrels in the previous week. Market consensus had expected stocks to increase by 1 million barrels. The black gold's gains may be capped...
The U.S. dollar advanced to one-year high against major currencies on Wednesday powered by so-called Trump trades and after U.S. inflation for October came in as expected, suggesting the Federal Reserve will continue lowering interest rates. The greenback hit its highest level since November 2023, buoyed by Donald Trump's victory in last week's U.S. presidential election, which sparked expectations of potentially inflationary tariffs and other measures by his incoming administration. Trump's Republican Party will also control both houses of Congress when he takes office in January, Edison...
Oil edged higher after swinging between gains and losses for much of the session as traders weighed mixed signals about the risks to flows from the Middle East against the prospect of an impending supply glut. West Texas Intermediate added 0.5% to settle above $68 a barrel, while Brent settled around $72. WTI had gained as much as 1.1% and slid as much as 1.7% during the session. Crude fell earlier in the day on unconfirmed reports that Iran may hold off on retaliating against Israel, said Dan Ghali, a commodity strategist at TD Securities. Prices rebounded later after...
Gold prices extended losses for the fourth straight session on Wednesday, weighed down by a stronger dollar and elevated bond yields on news that October U.S. consumer prices increased as expected. The Labor Department also reported slower progress toward low inflation since mid-year, which could result in fewer interest rate cuts from the Federal Reserve next year. Spot gold was down 0.7% at $2,580.39 per ounce by 01:49 p.m. ET (1849 GMT), after hitting a near two-month low earlier in the session. U.S. gold futures settled 0.8% lower at $2,586.50 per ounce. The dollar, advanced near a...
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...