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Gold maintains a firmer tone while trading within a narrow range and remaining below a key resistance level on Thursday, as market participants stay cautiously optimistic amid a still-fragile ceasefire in the Middle East. The market’s…
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WTI oil prices declined sharply on Wednesday, dropping by around $18 in early Asian trading, following the announcement of a two-week ceasefire between the United States, Israel, and Iran, along with the partial reopening of the Strait of…
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WTI oil prices eased on Monday after touching a marginally higher peak at $115.42, as traders booked partial profits following a strong rally of over 13% in the previous session on Thursday. Market participants remain cautiously…
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The latest US labor market report, released on Friday, showed significantly stronger-than-expected job creation, with nonfarm payrolls rising by 186K in March. This follows a sharply downward revision of February’s figure to -129K (from…
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Gold remained in positive territory for the fourth straight session, climbing in early Tuesday trading to its highest level since March 19, extending Monday’s strong rally when prices surged nearly 3.5% — the biggest daily gain since…
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Eurozone inflation accelerated to 2.5% in March — marking the strongest monthly increase since late 2022 — up from 1.9% in February and just below the 2.6% consensus forecast. The uptick was largely driven by a sharp rise in energy prices,…
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The US dollar maintained a firm tone and extended its gains against major peers on Thursday, supported by a rebound in oil prices — with Brent climbing back above $100 — which triggered a fresh wave of risk aversion and boosted demand for…
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WTI crude oil rebounded above $90 per barrel on Tuesday, recovering from Monday’s sharp decline of around 10% that drove prices down to $84.50, the lowest level since March 11. The selloff followed President Donald Trump’s announcement of a…
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The US dollar maintains a firm tone and remains on track to register a second consecutive week of strong gains, benefiting from its role as a primary safe-haven asset amid rising global risk aversion. The surge in oil prices triggered by…
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USDJPY maintains a firm tone and is approaching Monday’s peak at 158.89, after the broader uptrend from the February 12 low at 152.26 was only briefly interrupted by a shallow correction between 158.89 and 157.27 during Monday and Tuesday.…
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