OIL CONTINUES ITS UPWARD TREND AS OPEC+ CONSIDERS DEEPER CUTS
OIL CONTINUES ITS UPWARD TREND AS OPEC+ CONSIDERS DEEPER CUTS Harvest Global Markets : Oil prices rose slightly on Monday, continuing gains from last week, as investors bet that OPEC+ will cut production further to support prices. Prices have fallen for four weeks straight due to easing concerns about supply disruptions in the Middle East.Brent crude […]
Gold’s Resilience Amid Dollar Strength: A Cautious Bullish Outlook
Gold’s Resilience Amid Dollar Strength: A Cautious Bullish Outlook Harvest Global Markets : Gold exhibits resilience amidst a strengthening U.S. dollar, maintaining stability around $1,954. Despite fluctuations in U.S. Treasury yields and varied economic data, gold prices are finding a semblance of balance. The surge in the U.S. dollar on Wednesday, driven by robust retail sales […]
Asia Fx Plunges, Dollar Recuperates
Asia Fx Plunges, Dollar Recuperates Harvest Global Markets : Most Asian monetary standards debilitated on Thursday, following recuperation in the dollar as more grounded than-anticipated U.S. retail deals information fermented some vulnerability over the way of loan fees. Inconsistent messages from significant level U.S.- China talks likewise scratched opinion. While President’s Xi Jinping and Joe Biden […]
U.S Stocks Rise, Endeavoring To Bounce Back After Powell’s Hawkish Remarks
U.S Stocks Rise, Endeavoring To Bounce Back After Powell’s Hawkish Remarks Harvest Global Markets : U.S. stocks are rising, attempting to bounce back from their most memorable down day in nine after Central bank Seat Jerome Powell said he isn’t prepared to proclaim a finish to financing cost increments. Dow Jones Modern Normal rose 23 focuses […]
Gold Prices Drop to Three-Week Low Amid Ongoing Fed Uncertainty
Gold Prices Drop to Three-Week Low Amid Ongoing Fed Uncertainty Harvest Global Markets : Gold prices experienced a significant drop, hitting a more-than three-week low on Thursday. This decline was part of a series of recent losses, driven by cautionary statements from several Federal Reserve officials. These officials warned against assuming that the central bank had […]
Challenges Persist for Crude Oil Prices as Demand Concerns and Supply Dynamics Weigh on Markets
Challenges Persist for Crude Oil Prices as Demand Concerns and Supply Dynamics Weigh on Markets Harvest Global Markets : The international benchmark Brent and U.S. benchmark WTI crude oil prices have been facing challenges, with both hovering near three-month lows. These struggles are primarily driven by concerns about demand in the U.S. and China. Despite a […]
Oil Prices Face Second Week of Losses Amidst Supply Concerns and China’s Economic Uncertainty
Oil Prices Face Second Week of Losses Amidst Supply Concerns and China’s Economic Uncertainty Harvest Global Markets : Oil prices have remained relatively stable, showing minor gains on Friday, but are poised for a second consecutive week of losses. These developments are primarily driven by concerns over potential supply disruptions in the Middle East, a crucial […]
BANK OF ENGLAND MAINTAINS RATES AT A 15-YEAR HIGH, ELIMINATING THE POSSIBILITY OF IMMEDIATE CUTS TO SUPPORT THE ECONOMY
BANK OF ENGLAND MAINTAINS RATES AT A 15-YEAR HIGH, ELIMINATING THE POSSIBILITY OF IMMEDIATE CUTS TO SUPPORT THE ECONOMY Harvest Global Markets : The Bank of England has opted to maintain its interest rates at a 15-year peak, persisting in its battle against rampant inflation that surpasses that of major economies worldwide. Despite grim forecasts indicating […]
Yen Stops Slide after Official Heightens Intercession Cautioning
Yen Stops Slide after Official Heightens Intercession Cautioning Harvest Global Markets : The battered yen tracked down a balance on Wednesday on restored dangers of mediation from Japan and as financial backers turned their concentration toward a Central bank strategy meeting later in the day. U.S. financing costs are supposed to remain on hold; however the […]
Gold Costs Rise, Focus on $2,000 as U.S. – Iran Pressures Develop
Gold Costs Rise, Focus on $2,000 as U.S. – Iran Pressures Develop Harvest Global Markets : Gold costs rose on Friday and were barely short of the key $2,000 an ounce level as reports that the U.S. military struck Iran-connected focuses in Syria prodded a recharged scramble for place of refuge resources. The strikes, which were […]