Gold prices rebounded on Wednesday as the dollar and Treasury yields paused their rally. Meanwhile, in the previous session, the yellow metal dropped after data revealed an acceleration in US price pressures. At the same time, gold has been subdued this week due to rising hopes for more trade deals. The dollar and Treasury yields Read More…
Fundamental Analysis
Equities Tick Higher as Trade Sentiment Improves
Equities edged higher on Monday as sentiment improved on hopes of more trade deals before the August 1 deadline. However, market participants remained cautious ahead of crucial US inflation data and the start of earnings season. S&P 500 (Source: Bloomberg) Equities have remained mostly resilient, hitting new highs despite Trump’s tariff threats. The impact of Read More…
Currency Futures Subdued Amid Trade Jitters
Currency futures remained subdued on Monday as Trump’s tariff threats rekindled trade concerns. At the same time, market participants remained cautious ahead of crucial US inflation figures that will shape the outlook for Fed rate cuts. The dollar gained most of last week after the US president announced higher tariffs on several countries. The move Read More…
Interest Futures Slip as Trump Turns Up Tariff Heat
Interest futures eased from recent peaks after Trump got more aggressive with tariffs. Meanwhile, the dollar and Treasury yields rose in anticipation of higher import costs and inflation. Trump sent additional letters to countries like Canada, announcing higher tariffs that will take effect in August. US 10-year yield (Source: Bloomberg) On Wednesday, interest futures soared Read More…
Oil Slips as Tariff Fears Cloud Demand Outlook
Oil prices eased on Thursday as traders worried about the outlook for demand amid renewed tariff threats. At the same time, OPEC downgraded its outlook for demand for the coming four years. However, a weak dollar made oil cheaper for foreign buyers, increasing demand. Trump sent letters to many countries, announcing higher tariffs that will Read More…
Gold Slides Further as Tariff Threats Boost Dollar, Yields
Gold extended this week’s declines as the dollar and Treasury yields soared on the likelihood of higher tariffs. The dollar reached a two-week high after Trump announced a 25% tariff on goods from Japan and South Korea, starting in August. Additionally, renewed tariff threats on other imports boosted the US dollar and Treasury yields. Trump’s 90-day Read More…