Oil prices plunged over 1% on Wednesday due to a strong US dollar and a bigger-than-expected increase in US gasoline inventories. The dollar strengthened after reports that Trump would take aggressive measures to ensure his tariff policies are implemented. Data on Wednesday from the Energy Information Administration revealed that gasoline stocks rose by 6.3 million Read More…
Gold prices ended higher on Tuesday despite a strong dollar and Treasury yields. The rally came as investors sought safety amid uncertainty regarding Trump’s looming policy changes. Meanwhile, upbeat US data lowered expectations for Fed rate cuts in 2025. Gold is considered a haven in times of uncertainty. As market participants await Trump’s swearing-in on Read More…
Equities climbed to a one-week high on Monday as technology stocks rose despite high Treasury yields. However, market participants remained cautious ahead of key US economic data this week that will shape the outlook for Fed rate cuts. Like many times in the past, tech stocks defied the general trend and rose on Monda. Microsoft Read More…
Currency futures jumped on Monday as the dollar collapsed on news that Trump might only impose tariffs on critical goods. At the same time, the recent greenback rally paused as market participants awaited crucial employment data for clues on the Fed’s easing cycle. Dollar Index (Source: Bloomberg) The dollar fell almost 1% on Monday after Read More…
Interest futures hovered near recent lows as Treasury yields and the dollar opened the year green. Prices ended the year with a plunge following a hawkish December Fed meeting. On the other hand, the prospect of higher rates for longer boosted yields and the dollar. US Treasury yields started the year strong amid expectations for Read More…
Most currency futures eased on Thursday as the dollar started the year strong. Earlier in the session, there was some relief as the dollar fell. However, it resumed last year’s rally when investors refocused on the looming US administration change. At the same time, the less dovish outlook for the Fed in 2025 helped support Read More…
Currency futures collapsed on Monday as the dollar regained momentum after a brief pause on Friday. The dollar’s rally last week came after a hawkish FOMC policy meeting. However, it paused on Friday as US inflation figures came in softer than expected, allowing currency futures to rebound. The Greenback had a bullish week amid upbeat Read More…
Interest futures paused their decline on Friday as market participants awaited crucial US inflation figures for more clues on Fed policy. However, prices wallowed near weekly lows after a week of upbeat US economic data and a sharp drop in Fed rate cut expectations. The US will release its core PCE price index report on Read More…
Oil prices remained fragile on Thursday after collapsing due to a less dovish outlook for Fed monetary policy in 2025. Meanwhile, a drop in crude inventories and a surge in crude exports helped support prices. On Wednesday, the US Federal Reserve lowered borrowing costs by 25-bps. However, instead of signaling more rate cuts, the central Read More…
Gold prices eased ahead of the FOMC meeting, where policymakers might forecast a more gradual easing cycle in 2025. At the same time, downward pressure came from a rally in the dollar and Treasury yields after upbeat US retail sales data. The US Federal Reserve will meet later and likely cut rates by 25-bps. Markets Read More…
