Oil Prices Climb Amid Diminishing Fed and Trade Concerns
Oil Prices Climb Amid Diminishing Fed and Trade Concerns HG MARKETS: President Trump recently clarified that he has no plans to dismiss Federal Reserve Chair Jerome Powell, helping to ease investor concerns about potential political interference in monetary policy. This reassurance contributed to a more stable outlook in financial markets, including commodities like oil. In […]
Fed Set to Hold Rates Amid Uncertainty
Fed Set to Hold Rates Amid Uncertainty HG MARKETS: With the Federal Reserve’s next policy meeting scheduled for May 6-7, the central bank is set to enter its pre-meeting blackout period on April 26. During this time, officials will refrain from public commentary. Market consensus suggests that the Fed is unlikely to alter its current […]
GBP/USD Near Six-Month Highs Around 1.3300 as Markets Focus on US-UK Trade Talks
GBP/USD Near Six-Month Highs Around 1.3300 as Markets Focus on US-UK Trade Talks HG MARKETS: GBP/USD continues its bullish momentum that began on April 8, trading near 1.3280 during Friday’s Asian session. The pair remains supported by a weakening US Dollar (USD), as investor concerns grow over the economic consequences of US-imposed tariffs. With market […]
Gold Extends Record Rally Amid Trade War Tensions and Fed Signals
Gold Extends Record Rally Amid Trade War Tensions and Fed Signals HG MARKETS: Gold prices continued their historic ascent this week, with the precious metal notching its third record high in just five days. The safe-haven asset is gaining traction as geopolitical and economic concerns deepen, prompting investors to reduce risk exposure and seek shelter […]
WTI Rises on Sanctions and OPEC+ Cuts
WTI Rises on Sanctions and OPEC+ Cuts HG MARKETS: West Texas Intermediate (WTI) crude oil prices have climbed again, trading around $62.40 per barrel during Asian hours on Thursday. This uptick comes as markets respond to escalating geopolitical tensions and strategic production adjustments by major oil-producing nations. Analysts say the gains mark the second consecutive […]
US Monthly Producer Prices Decline In March
US Monthly Producer Prices Decline In March HG MARKETS: U.S. monthly producer prices unexpectedly fell in March amid a sharp decline in the cost of energy products, but tariffs on imports are expected to drive inflation higher in the coming months. The producer price index for final demand dropped 0.4% last month after an upwardly […]
Japanese Yen Strengthens Amid Rising Trade Tensions
Japanese Yen Strengthens Amid Rising Trade Tensions HG MARKETS: The Japanese yen appreciated toward 145 per dollar on Wednesday, marking its second consecutive session of gains. This uptick in the yen’s value comes amid a combination of factors, including growing concerns about the global economic impact of US President Donald Trump’s trade policies and a […]
WTI Tumbles Near $60 Due to Worries Over Global Economic Instability
WTI Tumbles Near $60 Due to Worries Over Global Economic Instability HG MARKETS: West Texas Intermediate (WTI) crude oil prices recovered some of their losses during European trading hours on Monday, after hitting a low of $58.80 earlier in the day, the lowest level seen in four years. At the time of writing, the price […]
Gold& Silver Price Forecast: U.S. NFP Report Ahead
Gold& Silver Price Forecast: U.S. NFP Report Ahead HG MARKETS: Gold prices hovered just above the $3,100 mark on Friday, struggling to gain upward traction as markets reacted to renewed selling pressure amid lingering geopolitical tensions and macroeconomic uncertainty. Although there was an early attempt to rebound, the yellow metal stayed under pressure following U.S. […]
“Trump’s ‘Liberation Day’: The Global Trade Shift Begins”
“Trump’s ‘Liberation Day’: The Global Trade Shift Begins” HG MARKETS: President Donald Trump has officially designated April 2 as “Liberation Day” for America, a day that promises to reshape global trade and economics. On this day, Trump plans to impose sweeping retaliatory tariffs on all countries that tax U.S. exports. These tariffs, which will affect […]