Currency futures ended strongly on Friday after an optimistic week with the US and Iran striking a ceasefire deal. However, there was panic on Sunday after talks between the two countries failed. Still, optimism from the previous week returned on Monday as market participants watched for further developments. Last week, the US dollar plunged as Read More…
Interest futures ended mostly unchanged on Thursday after fluctuating with developments in the US-Iran war. Nevertheless, the price closed well below the previous session highs, indicating a pullback. The US-Iran ceasefire deal initially eased inflation worries, boosting the bond market. However, cracks in the deal emerged, renewing concerns about global price pressures. US 10 Year Read More…
Oil prices plunged on Wednesday after reports of a two-week ceasefire in the war between the US and Iran. However, there was a slight recovery on Thursday as cracks emerged in the deal with attacks on Lebanon. Meanwhile, FOMC minutes revealed a less dovish tone among policymakers. Brent Crude Oil (Source: Business Today) The US Read More…
Gold rebounded on Wednesday after Trump agreed to a two-week ceasefire. This put a brief pause to the war between the US and Iran. The news came as a relief to investors who were worried about rising oil prices. Meanwhile, market participants eagerly await US inflation data due on Friday. In the previous sessions, gold Read More…
Equities ended higher on Monday, continuing last week’s rebound from this year’s lows. The rebound came amid better-than-expected US data and optimism about progress in talks between the US and Iran. Meanwhile, market participants are awaiting US inflation figures for clues on future Fed policy decisions. Last week, the US released upbeat economic data, including Read More…
Currency futures moved in favor of the US dollar on Monday as solid labor data and rising geopolitical tensions increased demand for the safe-haven dollar, while traders recalibrated their expectations for global interest rates. During Asian hours, the US Dollar Index stayed close to 100.25, supported by news that the US economy added 178k jobs Read More…
