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- Japan’s Inflation Accelerates in March, Increasing Pressure on the BOJ
- Crude Oil – Solid Weekly Rally Signals Rebound, but Weak Demand Outlook Weighs on Sentiment
- Dollar Index – Tight consolidation expected before fresh drop, with 100 level acting as key barrier
- China’s GDP expanded more than expected in the first quarter, offering a stronger-than-anticipated start to the year, even as markets brace for the economic impact of newly imposed U.S. tariffs
- Gold surges to a fresh all-time high, breaking above $3300
- AUDUSD extends its rally for a fifth consecutive session, approaching key resistance levels
- German investor sentiment dropped in April at its sharpest rate since early 2022, according to the latest ZEW survey
- GBP/USD – Bulls retest the 1.3200 level while monitoring UK data for additional cues
- Dollar Index — Modest Rebounds Likely Before Renewed Downside Move
- The safe-haven Swiss franc hits its highest levels in a decade against the US dollar as the trade war escalates
US Elections 2024 Market Outlook: Potential Effects on Stocks, Commodities, Cryptocurrencies, and…
Key Takeaways
- The 2024 US Presidential Election is expected to have a substantial impact on various markets, including stocks, commodities, cryptocurrencies, and the US dollar.
- A Trump victory could boost US stocks and…
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Crude prices continued to climb, driven by escalating tensions in the Middle East
Oil prices extended their strong rally into a second consecutive day, rising 1.6% during the European session on Wednesday after a 3.45% surge on Tuesday—marking the biggest daily gain since August 12.
The price jump was driven by…
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Rising demand for safe-haven assets boosts the dollar
The dollar held firm against a basket of major currencies early Wednesday, bolstered by safe-haven demand amid the latest escalation in the Middle East.
The greenback’s two-day rebound from the strong 100 support zone pushed it to a…
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Eurozone inflation dips below the 2% target in September, heightening expectations for another rate…
Eurozone inflation fell to 1.8% in September, down from 2.2% in August, beating expectations of a 1.9% rise. The drop was mainly driven by lower energy costs and stable goods prices. This marks the first time in three years that inflation…
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Goldman Sachs Raises 2025 Gold Price Forecast to $2,900
Goldman Sachs on Monday increased its gold price forecast for early 2025 to $2,900 per troy ounce (toz), up from its previous estimate of $2,700/toz, citing two key factors driving the upward revision.
First, the investment bank expects…
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Oil prices fell as the potential for increased supply outweighed concerns about tensions in the…
Oil prices dropped by over 2% on Tuesday as expectations of increased supply and weak global demand growth overshadowed concerns about escalating conflict in the Middle East and its potential impact on crude exports from the region.…
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The Japanese yen gained 1.3% against the dollar in response to political news and economic data
USD/JPY surged to a three-week high of 146.49 on Friday before dropping sharply by over three figures, driven by speculation that Japan's new prime minister might support further Bank of Japan tightening. This was perceived as a potential…
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GOLD – modest pullback from the new record high sets the stage for a final push toward the $2700…
Gold prices eased on Friday after hitting a new record high on Thursday, with end-of-week profit-taking driving the pullback. So far, the dip has been shallow, with a stronger decline unlikely as the market consolidates and positions for…
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The Swiss National Bank lowered interest rates by 0.25%, in line with expectations, and indicated…
The Swiss National Bank (SNB) cut interest rates by 25 basis points to 1% during its Thursday policy meeting, marking the lowest level in over 1.5 years. The move was widely anticipated and aligned with a broader global trend of monetary…
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The dollar index held firm on Wednesday, ahead of key U.S. economic data releases and speeches from…
The dollar index held a firm tone early Thursday, following a 0.7% rebound the previous day, as it once again failed to sustain a break below the key psychological 100 support level.
The greenback gained momentum from support at the 100…
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