Brent, WTI Reach Yearly High amid Escalations in Russia and Middle East
A drone strike on Russian oil infrastructure and Israel’s targeted attack on the Iranian embassy in Damascus helped maintain oil’s recent rise ahead of the OPEC meeting
A drone strike on Russian oil infrastructure and Israel’s targeted attack on the Iranian embassy in Damascus helped maintain oil’s recent rise ahead of the OPEC meeting
Sterling was knocked by some surprise strength in US output and remains under pressure despite some domestic expansion.
The US dollar is trading at a multi-month high after data showed that inflation in the US is creeping higher. Despite higher US Treasury yields, gold continues to eye a fresh record high.
This article meticulously examines retail sentiment on gold, AUD/USD, and NZD/USD, analyzing potential outcomes using contrarian indicators.
After a blazing start to 2024, led by AI-fueled tech enthusiasm and the Fed's dovish pivot, U.S. stocks might have further room to run. However, high valuations demand that traders and investors alike become more selective.
The Bank of England (BoE) turned dovish in the past few days and this means that a UK interest rate cutting cycle is on the way, and perhaps sooner than financial markets originally anticipated.
In Q1 the Swiss National Bank fired the starting pistol for rate cuts while robust US data suggests the dollar will remain well supported in Q2
The second quarter is gearing up to be an eventful period for central banks and promises a whirlwind of market forces, setting the stage for exciting trading opportunities across currencies, stocks, commodities, and cryptos.
The US dollar performed phenomenally in Q1 - something that is likely to continue but perhaps to a lesser degree now that growth is moderating and rate cuts come into focus
This article provides an in-depth analysis of the fundamental outlook for gold prices in the second quarter, examining critical market themes and key drivers that could play a pivotal role in shaping the precious metal's trajectory.