Category: Market News & Updates

Gold prices tumbled more than 3% on Monday, sliding below $4,000 per ounce, as optimism over progress in US-China trade talks dampened demand for safe-haven assets, according to ING’s Head of FX…

US Treasury Secretary Scott Bessent has unveiled the five final candidates to succeed Federal Reserve Chair Jerome Powell, according to Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen. The shortlist…

Japan’s Chief Trade Negotiator Ryosei Akazawa said on Tuesday that Tokyo is in active discussions with the United States to reduce its reliance on Russian energy and strengthen cooperation in the critical…

Dow Jones futures held steady around 47,700 during European trading on Tuesday, while S&P 500 and Nasdaq 100 futures hovered near 6,900 and 25,950, respectively. Despite Wall Street’s rally to record highs…

The Pound Sterling (GBP) fell against major currencies on Tuesday as softer UK shop price data reinforced expectations of monetary easing by the Bank of England (BoE). The British Retail Consortium (BRC)…

Copper prices are climbing toward their May 2024 record of $11,104.50 per tonne, driven by renewed optimism over US-China trade relations, continued supply disruptions, and expectations of another Federal Reserve interest rate…

Silver (XAG/USD) prices declined on Tuesday, according to data from FXStreet. The precious metal was last seen trading at $45.65 per troy ounce, marking a 2.37% drop from Monday’s level of $46.76….

Analysts at UOB Group, Quek Ser Leang and Peter Chia, noted that while the Euro (EUR) could continue to edge higher against the US Dollar (USD), it is unlikely to break above…

The European Central Bank’s (ECB) latest Consumer Expectations Survey, released on Tuesday, showed that consumers’ median inflation expectations for the next 12 months eased to 2.7% in September, down from 2.8% in…