Interest futures recovered on Friday as market participants hoped for a de-escalation of tensions between the US and Iran. At the start of the week, the countries exchanged fire, causing panic and concerns about a full-blown war. At the same time, Trump said the ceasefire deal with Iran was over. Uncertainty hit markets last week Read More…
Oil prices jumped on Wednesday amid escalating tensions between the US and Iran. The US bombed Iran a day after two tankers were hit near the Strait of Hormuz. Market participants were concerned about supply disruptions after Iran warned it would close the Strait again. Meanwhile, FOMC minutes revealed a split among policymakers over the Read More…
Gold prices eased on Monday and Tuesday after reaching a two-week high on a downbeat US jobs report. The pullback came amid a return to strikes in the Strait of Hormuz, which has paused negotiations between the US and Iran. Meanwhile, market participants are looking forward to the FOMC meeting minutes for more cues on Read More…
Equities recovered on Monday as growth stocks found their footing amid an easing of Fed rate hike bets. The rebound came after a brief dip on Thursday due to a poor US jobs report. At the same time, progress in talks between the US and Iran supported risk appetite. Stocks had a strong week as Read More…
Currency futures had a strong week as the dollar fell after downbeat economic data. Market participants assessed manufacturing PMI and employment figures, which both missed the estimates. As a result, expectations of a Fed rate hike eased. At the same time, focus remained on talks between the US and Iran in Qatar. Dollar performance (Source: Read More…
Interest futures remained subdued on Friday after a mixed US jobs report in the previous session. At the same time, the bond market has faced downward pressure this week amid tensions between the US and Iran. At the same time, the recent surge in expectations of Fed rate hikes has supported yields and hurt interest Read More…
