Oil prices eased on Thursday after reaching new highs in the previous session due to an unexpected draw in US crude inventories. At the same time, the Biden administration announced more sanctions on Russia that could tighten supply. Meanwhile, a ceasefire deal in Gaza weighed on prices. WTI vs crude stocks (Source: Nymex, EIA) Data Read More…
Gold prices rose on Wednesday as Treasury yields and the dollar eased due to softer-than-expected inflation figures. At the same time, the yellow metal remained in demand amid uncertainty regarding the upcoming Trump administration. The dollar and Treasury yields paused their recent rally after inflation figures on Wednesday came in slightly cooler than expected. The Read More…
Equities struggled to make gains on Monday as Treasury yields remained elevated amid a drop in Fed rate cut expectations. At the same time, investors worried about higher inflation under Trump’s administration, which could keep rates at restrictive levels. US Treasury 10-year yield (Source: Bloomberg) Last week, US economic data revealed a resilient economy with Read More…
Most currency futures collapsed on Friday and extended the move on Monday after upbeat US jobs data. Market participants slashed bets for Fed rate cuts in 2025, leading to a rally in the dollar. At the same time, US inflation expectations for the next year soared. The US released its nonfarm payrolls report on Friday. Read More…
Interest futures eased as Treasury yields stayed elevated ahead of the crucial US nonfarm payrolls report. Yields soared in the last week due to expectations of a gradual Fed easing cycle. At the same time, uncertainty about Trump’s tariffs has kept investors on edge, with most preferring to buy the safe dollar. Market participants have Read More…
Oil prices plunged over 1% on Wednesday due to a strong US dollar and a bigger-than-expected increase in US gasoline inventories. The dollar strengthened after reports that Trump would take aggressive measures to ensure his tariff policies are implemented. Data on Wednesday from the Energy Information Administration revealed that gasoline stocks rose by 6.3 million Read More…
