Currency futures rallied on Friday as the dollar eased due to downbeat US business activity data. At the same time, data from other countries like the Eurozone and the UK revealed a rebound in economic activity. However, by Monday, the greenback rebounded as traders geared up for the Fed policy meeting. Currency futures strengthened last Read More…
Interest futures pulled back from recent peaks as risk appetite improved, sending investors to riskier assets like equities. Nevertheless, bullish sentiment remained strong. Risk sentiment shifted after Trump assumed a softer tone regarding Chinese tariffs and called on the US Federal Reserve to lower borrowing costs. US Treasury Index (Source: Bloomberg) On Thursday, the risk Read More…
Oil prices held near recent lows as market participants worried about the impact of Trump’s tariff and energy policies on supply and demand. At the same time, investors waited for data and the FOMC policy meeting to provide more clues on the future of monetary policy in the US. Oil futures (Source: ICE, Nymex) Since Read More…
Equities rallied on Tuesday as investors cheered the soft start to Trump’s term. Trump’s administration failed to give clear guidance on the implementation of tariffs. Consequently, experts believe the new government will take a more cautious approach, delaying any trade wars. S&P 500 Index (Source: Bloomberg) Since last week, equities have surged due to increased Read More…
Gold prices held near a two-month high on Tuesday as the dollar eased after Trump’s inauguration speech. At the same time, the yellow metal benefited from safe-haven inflows amid uncertainty regarding Since last week, gold prices have been on an uptrend due to a weak dollar and Treasury yields. Notably, data last week supported at Read More…
Currency futures were mixed on Friday amid economic data from different countries and anticipation of Trump’s inauguration speech. Meanwhile, the greenback eased after downbeat economic data and slightly dovish Fed remarks. By Monday, they fell as the dollar rebounded ahead of Trump’s speech. The dollar ended the week lower, snapping its six-week winning streak as Read More…
