Tag: Commodities
Gold prices rose on Monday at the start of the week, as investors sought to cover the safe-haven metal against inflation risks and concerns over the dispute between Russia and Ukraine. This comes at a time when markets are waiting for signs of an interest rate hike from the US federal policy meeting this week. […]
Gold prices fell on Friday, due to widespread profit-taking, while the yellow metal was preparing to achieve weekly gains for the second time in a row. Gold found support as investors turned to safe haven assets, awaiting signals of an interest rate hike from the US Federal Reserve meeting next week. Gold prices ended their […]
European Forex news roundup: The Australian dollar maintains rises following a good jobs report. Forex news from the European morning session on Jan 20, 2022 It was a mostly calm session, with few headlines and few important economic releases to work with. The dollar is remaining somewhat mixed, but it was somewhat slow earlier on […]
Gold prices fell on Tuesday, affected by higher US Treasury yields, as investors looked for clues on the timetable for a US Federal Reserve interest rate hike from next week’s policy meeting. Gold Prices Today The price of gold futures contracts for February delivery decreased by 0.03%, to reach the level of $ 1815.90 an […]
Futures in the United States are higher ahead of Powell’s speech. US stock futures rose on Tuesday, led by a rebound in technology firms, as traders awaited Federal Reserve Chair Jerome Powell’s address. Futures on the Dow Jones Industrial Average rose 0.1 % , S&P 500 futures jumped 0.2 % , and Nasdaq futures rose […]
Gold prices rose in trading on Tuesday, to recover from the worst selling in the yellow metal in 6 weeks, driven by bets that the Federal Reserve will raise interest rates earlier than expected. The rise in the yellow metal prices came after a significant rise in US bond yields, which led to the worst […]
Futures in the United States are cautiously mixed following the Fed’s induced retreat. US stock futures were narrowly mixed Thursday, with the technology-heavy Nasdaq Composite set for another round of losses after minutes from the Federal Reserve’s most recent policy meeting signaled a faster pace for stimulus withdrawal and interest rate hikes, while traders looked […]
Asian shares tracked Wall Street’s rally on Wednesday, after U.S. central bank comments pointed to increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.5%. Japan’s Nikkei average climbed 1.9%. Chinese shares also rebounded, with the benchmark Shanghai Composite up […]
Oil prices slide around 1% on Monday, extending losses of over 3% from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown. Brent crude futures were at $61.28 at 0659 GMT. That was 71 cents, or 1.1%, […]
Asian stocks tracked Wall Street losses on Thursday as latest exchanges between Beijing and Washington signaled the heightened risk of a prolonged trade war, stoking investors’ concerns about the impact on global economic growth. Asian Stocks Japan’s Nikkei was down 0.85% and Australian stocks shed 0.7%. The Shanghai Composite Index fell 0.8% and Hong Kong’s Hang Seng lost 0.35%. Japan’s Nikkei was […]
