Currency futures traded cautiously on Monday as market participants awaited several major central bank policy meetings. At the same time, traders are keeping an eye on developments in the Middle East. Inflation worries eased after reports that mediators from Qatar were in Iran on Sunday. October rate hike chances (Source: Bloomberg WIRP) The new week Read More…
Interest futures rallied on Thursday as Treasury yields collapsed amid a surge in demand for safe-haven assets. Market participants scrambled for safety in bonds due to geopolitical risks and a decline in the US tech sector. Investors are now looking ahead to next week’s FOMC policy meeting, which will shape the outlook for rate hikes. Read More…
Oil prices rose on Thursday as geopolitical tensions escalated, renewing supply worries. Fresh attacks on tankers passing through the Strait of Hormuz threatened the recovering oil flows. At the same time, the Houthis continue to attack energy facilities in Saudi Arabia. However, reports that Russian oil could increase in the global market capped gains. Middle Read More…
Gold prices extended losses on Wednesday as market participants eagerly awaited the FOMC policy meeting next week. However, the move remained subdued with no major economic releases this week. At the same time, the recent pullback in oil prices eased supply and inflation worries, capping declines in the yellow metal. Spot gold (Source: Bloomberg) Consumer Read More…
Equities rebounded on Monday as oil prices eased amid expectations for increased fuel supply from Russia. The recovery came after a bearish week, as market participants absorbed inflation and sales data pointing to a more hawkish outlook for the Fed. Reports revealed that the Trump administration had lifted key sanctions on Russia. Traders cheered the Read More…
Most major currency futures were on solid ground at the start of the new week as the dollar held near last week’s lows. The greenback fell despite upbeat data on inflation and sales as expectations for a Fed pause in October remained steady. Meanwhile, the euro was subdued amid political tensions in France. Market participants Read More…
