Fundamental Analysis

Currency Futures Trade Sideways as Traders Brace for US Midterm Elections

Currency futures were range-bound on Monday as market participants remained cautious ahead of the US midterm elections. At the same time, traders are eagerly awaiting the US non-farm payrolls report and major central bank policy meetings.  Last week, traders focused on reports of talks in the Middle East, leaving currency futures mixed. Moreover, major central Read More…

Fundamental Analysis

Interest Futures Advance as Traders Weigh Peace Hopes Against War Risks

Interest futures extended gains on Friday while Treasury yields pulled back as efforts to resume talks between the US and Iran eased inflation concerns. However, there is still a high chance that tensions will escalate after the US midterm election. Moreover, after Wednesday’s FOMC policy meeting, it is clear that the Fed still has work Read More…

Gold
Fundamental Analysis

Gold Gains on US-Iran Talks but FOMC Uncertainty Caps Recovery

Gold recovered on Monday and Tuesday after a bearish week as traders applauded the resumption of indirect talks between the US and Iran. Oil prices fell, easing inflation worries and concerns about higher global borrowing costs. However, market participants turned cautious early Wednesday ahead of the FOMC policy meeting.  Spot gold (Source: Bloomberg) Reports revealed Read More…