2024-07-22 | Industry Dynamics
Oil prices increased in early trading on Monday as investors awaited signs that the Federal Reserve might start reducing interest rates as early as September. By early GMT, Brent crude had risen by 48 cents to USD 83.10 a barrel, while U.S. West Texas Intermediate crude gained 42 cents, reaching USD 80.55.
2024-06-05 | Market Insight
Gold prices fell more than 1% as the dollar stabilized. Oil prices dropped more than $1, marking the fifth day of decline and setting a new four-month low
2024-06-04 | Market Insight
Weaker-than-expected US economic data strengthened expectations of a Fed rate cut, leading to a drop in the dollar and bond yields and helping gold rebound
2024-05-30 | Market Insight
Stronger dollar, rising US Treasury yields, and hawkish comments from Fed officials dampened market sentiment, causing spot gold to fall to a two-week low.
2024-05-29 | Market Insight
Aided by a weaker dollar and safe-haven buying due to geopolitical concerns, gold prices continued to rebound, recording three consecutive daily gains.
2024-05-28 | Market Insight
On Monday, gold prices rebounded by nearly 1%, influenced by geopolitical tensions and a weaker dollar.
2024-05-27 | Industry Dynamics
Oil prices remained largely unchanged in early Asian trading on Monday as the market anticipated the upcoming OPEC+ meeting on June 2. Producers are expected to discuss maintaining voluntary output cuts for the rest of the year.
2024-04-17 | Industry Dynamics
Today’s News Iran launched a barrage of drones and missiles towards Israel, sparking concerns over geopolitical risks and potential war. However, the market’s response to this attack sheds light on investor sentiment, revealing a balance between high stock valuations and reasoned judgment. Despite initial jitters, investors showed resilience as they refrained from hastily dumping their […]
2023-12-27 | Industry Dynamics
Today’s News Major stock indexes saw gains at the commencement of the shortened holiday trading week, indicating a potentially positive conclusion to a year that had its challenges in 2022. The S&P 500 rose by 0.4% on Tuesday, approaching a record close, with the Nasdaq Composite climbing 0.5%, and the Dow Jones Industrial Average ascending […]
2023-11-27 | Industry Dynamics
Today’s News On Monday, Asian stock markets got off on a cautious start as investors braced themselves for pivotal inflation data releases from the United States and Europe later in the week. Additionally, anticipation loomed over an impending meeting of oil producers which could potentially halt or extend the recent decline in oil prices. The approach […]
