Interest futures ended Thursday down after another volatile week due to tensions in the Middle East. Market participants have had to grapple with sentiment shifting from a looming peace deal to an escalation. Meanwhile, there is caution ahead of the crucial US monthly employment report that will show the state of the labor market. On Read More…
Oil prices plunged on Wednesday after reports that the US and Iran were nearing a deal to end the war. Meanwhile, market participants are eagerly awaiting the US nonfarm payrolls report to see the impact of higher oil prices on the labor market. Tensions in the Middle East have escalated since last week. On Monday, Read More…
Gold prices pivoted from one-month lows on Tuesday amid optimism over a looming end to the Iran war. However, before the positive sentiment, tensions had escalated with Iran attacking the United Arab Emirates. Meanwhile, market participants are gearing up for the US nonfarm payrolls report. Gold has been on a decline recently as escalating tensions Read More…
US equities pulled back slightly on Monday after hitting fresh record highs in the previous session amid earnings optimism. Market participants have decided to focus more on the upbeat earnings reports, indicating a solid start to the year. However, downside risks remain due to the uncertainty surrounding the Iran war. S&P 500 EPS (Source: Investing.com) Read More…
Currency futures strengthened last week as a surge in oil prices fueled inflation concerns. As a result, most major central banks that held policy meetings adopted a cautious tone. The rally in oil prices came as tensions in the Middle East intensified, with Trump rejecting Iran’s new proposal to end the war. It was a Read More…
Interest futures were heading for a bearish week on Friday as market participants grappled with escalating Middle East tensions and a less dovish Fed. Rising tensions in the Middle East sent oil prices higher, boosting Treasury yields. Meanwhile, some Fed policymakers took on a more hawkish tone during the FOMC meeting, increasing chances of rate Read More…
