US interest futures dropped on Thursday after upbeat US jobs data sent Treasury yields higher. However, sentiment lifted on Friday morning, amid hopes of an end to the conflicts in Iran and Lebanon. US jobless claims (Source: Trading Economics) US data on Thursday showed that jobless claims fell to 207,000 the previous week. Meanwhile, economists Read More…
Oil prices dropped on Wednesday before recovering to close well above lows as traders assessed developments in the Iran war. The US’s move to block the Strait of Hormuz could increase geopolitical tensions. However, markets are not reflecting panic at the moment. Market participants remain hopeful that future talks between the US and Iran will Read More…
Gold prices closed in the green on Tuesday as renewed hopes of ceasefire talks between Iran and the US weighed on the dollar. At the same time, prices found support amid an increase in Fed rate cut expectations. Talks between the US and Iran and the subsequent ceasefire last week have propelled gold prices higher. Read More…
Equities edged lower on Monday as market participants worried about failing US-Iran talks. However, there was less panic in the markets after Trump urged the blockage of the Strait of Hormuz. At the same time, analysts are forecasting a solid US earnings season that will likely boost equities. Developments in the US-Iran war continued shaping Read More…
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…
