Crude Prices Hold Close to Two-Week Peak on Expected US Rate Cuts, Geopolitical Concerns
Crude Prices Hold Close to Two-Week Peak on Expected US Rate Cuts, Geopolitical Concerns HG MARKETS: Oil prices held near two-week highs on Monday as investors anticipated a potential U.S. Federal Reserve rate cut this week, which could boost economic growth and energy demand. At the same time, markets kept a close eye on geopolitical […]
Solidifying Fed rate cut outlook lifts stocks, weighs on dollar
Solidifying Fed rate cut outlook lifts stocks, weighs on dollar HG MARKETS: The expectations for a U.S. Federal Reserve rate cut next week are squarely at the center of market attention, as is the uncertainty surrounding the economic data that Fed officials rely on for policy decisions. With concerns about the strength of the labor […]
The American Stock Market is facing a Surge
The American Stock Market is facing a Surge HG MARKETS: U.S. stock futures (Dow, S&P 500, and Nasdaq 100) saw slight gains on Thursday, continuing the momentum from the previous day’s rally. The primary reason for the bullish sentiment is the increasing expectation that the Federal Reserve (Fed) will cut interest rates at its policy […]
SILVER Technical Retracement Despite Aggressive Fed Rate Cut Expectations
SILVER Technical Retracement Despite Aggressive Fed Rate Cut Expectations HG MARKETS: The silver market (XAG/USD) is currently experiencing a minor technical correction, retreating to approximately $56.70, as market participants realize profits following the asset’s recent attainment of a record price peak. This price consolidation is occurring despite a powerful confluence of favorable fundamental forces that […]
Crude Slips on Bigger-Than-Expected U.S. Stockpile Build and Progress in Ukraine Peace Talks.
Crude Slips on Bigger-Than-Expected U.S. Stockpile Build and Progress in Ukraine Peace Talks. HG MARKETS: Oil prices edged lower in Asian trading on Thursday after U.S. government data revealed a significantly larger-than-expected rise in crude inventories, while progress on a U.S.-backed Ukraine peace framework added to concerns about future supply levels. Brent crude futures for […]
Gold Advances as Fed Cut Bets Pressure the Dollar
Gold Advances as Fed Cut Bets Pressure the Dollar HG MARKETS: Gold (XAU/USD) edges higher from its earlier daily low in the European session, though it still trades slightly negative near the $4,060 zone. The movement comes as mixed commentary from Federal Reserve officials keeps December rate-cut expectations alive, triggering light US Dollar profit-taking after […]
Yen near 10-Month Low as Intervention Hints and Policy Debates Intensify
Yen near 10-Month Low as Intervention Hints and Policy Debates Intensify HG MARKETS: The Japanese yen hovered near a 10-month low on Friday, though it found brief support after government officials increased their verbal warnings against speculative currency movements. The currency momentarily strengthened in early Asian trading after Finance Minister Satsuki Katayama stated that currency […]
Wall Street Futures Decline amid Tech Stock Apprehension
Wall Street Futures Decline amid Tech Stock Apprehension HG MARKETS: Wall Street index futures turned negative during Tuesday’s Asian trading session, reversing earlier gains. The market’s shift to caution was primarily driven by upcoming high-impact events: the scheduled release of Nvidia’s quarterly earnings on Wednesday and the delayed September Nonfarm Payrolls (NFP) report on Thursday. […]
Silver Climbs Above $52 on US Data Uncertainty
Silver Climbs Above $52 on US Data Uncertainty HG MARKETS: Silver prices (XAG/USD) staged a rebound on Friday, trading around $52.70 per troy ounce during Asian hours. The metal recovered losses from the previous session, driven by rising safe-haven demand amid ongoing uncertainty over US economic data. Investor caution has been fueled by the backlog […]
Pound Drops as UK Economy Shows Signs of Slowing in Third Quarter.
Pound Drops as UK Economy Shows Signs of Slowing in Third Quarter. HG MARKETS: The Pound Sterling (GBP) remains under pressure against major peers as weaker-than-expected UK economic data reinforces concerns over slowing growth and rising unemployment. The Office for National Statistics (ONS) reported on Tuesday that the UK economy expanded by just 0.1% in […]