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…
Oil prices jumped by over 6% on Wednesday after Trump said the US would maintain its blockade on the Strait of Hormuz. Tensions between the US and Iran have remained high since last week. Uncertainty about the future, stalled negotiations, and the ongoing disruptions to oil supply have all pushed prices higher. Brent Crude rally Read More…
Gold prices declined by 2% on Tuesday as Trump dashed hopes for an end to the Middle East war by rejecting Iran’s proposal. Tensions have remained high since last week, boosting the dollar and hurting gold amid rising safe-haven demand. Meanwhile, traders are gearing up for the FOMC meeting and for clues on future policy Read More…
Equities hit record highs on Monday amid optimism ahead of earnings reports from the Magnificent Seven US companies. However, uncertainty about US-Iran talks and the war kept a lid on gains. Meanwhile, market participants are looking forward to the FOMC policy meeting later this week. S&P 500 Weekly performance (Source: Seeking Alpha) Positive stocks recorded Read More…
Currency futures struggled last week amid a decline in risk appetite due to escalating tensions between the US and Iran. Meanwhile, the dollar gained as demand for safe-haven assets increased. Additionally, market participants paid attention to US sales data, which pointed to strong consumer spending. Risk appetite plunged when Iran seized two ships in the Read More…
