Silver’s Looming Crisis: An Impending Challenge in the Age of Sustainable Development
Silver’s Looming Crisis: An Impending Challenge in the Age of Sustainable Development Harvest Global Markets : The global push towards a “net zero” future, coupled with the commitment to halve emissions by 2030, has sparked a revolution in the energy sector. Renewable energy sources, such as solar and wind, are at the forefront of this transition, […]
Oil Prices Reach Three-Month Highs Amidst Supply Constraints and Strong US-China Consumption
Oil Prices Reach Three-Month Highs Amidst Supply Constraints and Strong US-China Consumption Harvest Global Markets : Tuesday saw little change in oil prices, which were still close to the three-month high achieved on Monday. As manufacturers continued to execute output restrictions, signs of tightening global supply had an impact on the market. The world’s greatest consumer […]
Bank of Japan Surprises the Market and Kept Monetary Policy Ultra-Lose
Bank of Japan Surprises the Market and Kept Monetary Policy Ultra-Lose Harvest Global Markets : The inflation data from Japan made for a hectic start to the day on the economic calendar. Data on inflation were hotter than anticipated, increasing the likelihood that the Bank of Japan may modify its ultra-loose policy. Overnight, word spread that […]
Japan’s BOJ Faces Dilemmas Amidst Inflation Pressures
Japan’s BOJ Faces Dilemmas Amidst Inflation Pressures Harvest Global Markets : As the U.S. approaches the end of its aggressive interest rate hikes, Japan’s central bank finds itself at a crucial juncture this week, contemplating whether to take further steps in phasing out its contentious yield control programme. While inflation in Japan has remained above the […]
FOLLOWING THE FEDERAL RESERVE’S RATE HIKE, DOW FUTURES SHOW A POSITIVE LIFT
FOLLOWING THE FEDERAL RESERVE’S RATE HIKE, DOW FUTURES SHOW A POSITIVE LIFT Harvest Global Markets : U.S. stock futures were trading in a mixed fashion on Wednesday’s evenings, following mixed trade among major averages following the Federal Reserve’s decision to hike a further 25 basis points, in line with market expectations, while investors monitored ongoing earnings […]
Gold Costs Ascend In The Midst Of Fed Rate Decision
Gold Costs Ascend In The Midst Of Fed Rate Decision Harvest Global Markets : Gold costs rose on Friday and were set out toward a positive week in the midst of expanding wagers that the Central bank was near finishing its rate climb cycle, while copper costs rose as significant merchant China disclosed more boost measures. […]
U.K. Inflation Cools in June, But Hawkish Stance Maintained By Bank of England
U.K. Inflation Cools in June, But Hawkish Stance Maintained By Bank of England Harvest Global Markets : The United Kingdom witnessed a notable slowdown in inflation in June, coming in below economists’ consensus expectations at 7.9% annually. While this decline provides some relief, the annualized price rises still remain significantly above the Bank of England’s 2% […]
Dollar Licks Wounds As Strategy Top Weavers
Dollar Licks Wounds As Strategy Top Weavers Harvest Global Markets : A swollen dollar took relief on Monday subsequent to experiencing its most terrible week by week drop of the year, as merchants looked out for financial information and strategy choices prior to selling it down any further. The euro which hopped 2.4% last week to […]
OPEC Raises Crude Oil Demand Forecast for 2023, Boosting Prices
OPEC Raises Crude Oil Demand Forecast for 2023, Boosting Prices Harvest Global Markets : The Organization of the Petroleum Exporting Countries (OPEC) has recently revised its crude oil demand forecast for 2023, projecting an increase of 2.4 million barrels per day (bpd). The latest Monthly Oil Market Report (MOMR) from OPEC indicates an upward revision of […]
Silver Rises As Dollar Weakens Over a Plunge in US Inflation Reading For June 2023
Silver Rises As Dollar Weakens Over a Plunge in US Inflation Reading For June 2023 Harvest Global Markets : A weaker U.S. dollar and the potential for the Federal Reserve to pause its monetary tightening strategy bolstered the market mood, sending silver prices soaring to a one-month high. The most recent data revealed a slight increase […]