Gold Prices Steady Ahead of Fed Decision Amid Escalating Israel–Iran Tensions
Gold Prices Steady Ahead of Fed Decision Amid Escalating Israel–Iran Tensions HG MARKETS: Gold (XAU/USD) edged lower to around $3,380 on Tuesday as a stronger U.S. dollar exerted downward pressure, despite elevated risk sentiment driven by escalating conflict in the Middle East. Investors appeared cautious, weighing developments between Israel and Iran alongside expectations for the […]
Despite Ongoing Geopolitical Tensions between Israel and Iran, US Stock Futures Saw a Recovery on Monday
Despite Ongoing Geopolitical Tensions between Israel and Iran, US Stock Futures Saw a Recovery on Monday HG MARKETS: U.S. stock index futures saw a modest increase on Monday, aiming to recover from the previous week’s significant losses. This slight uptick comes ahead of a key Federal Reserve interest rate decision later in the week. Dow […]
Oil Prices Shot Up By Over 9% As Israel’s Attack on Iran Heightened Geopolitical Tensions, Unsettling Investors
Oil Prices Shot Up By Over 9% As Israel’s Attack on Iran Heightened Geopolitical Tensions, Unsettling Investors HG MARKETS: The U.S. dollar strengthened on Friday after Israel announced it had carried out strikes on Iran. This development prompted investors to seek safety in the dollar, as well as other traditional safe-haven assets like the Japanese […]
Pound Sterling Slips against US Dollar as Markets Await Inflation Data
Pound Sterling Slips against US Dollar as Markets Await Inflation Data HG MARKETS: The Pound Sterling (GBP) edged lower on Wednesday, trading around 1.3490 against the US Dollar (USD) during European trading hours. The GBP/USD pair slipped slightly as the US Dollar held steady ahead of the release of key U.S. inflation data for May. […]
U.S. Stock Futures Edge Lower Ahead of Key U.S.-China Trade Talks and Apple’s WWDC Keynote
U.S. Stock Futures Edge Lower Ahead of Key U.S.-China Trade Talks and Apple’s WWDC Keynote HG MARKETS: U.S. stock futures slipped slightly on Monday as investor attention turned toward renewed trade negotiations between the United States and China, as well as several key economic data releases due later this week. Meanwhile, Apple Inc. (NASDAQ: AAPL) […]
Oil Markets Rebound on Horizon as Trade Talks between US and China Resume
Oil Markets Rebound on Horizon as Trade Talks between US and China Resume HG MARKETS: Oil prices declined modestly on Friday but remained on track to post their first weekly gain in three weeks, buoyed by renewed trade negotiations between the United States and China. The dialogue between the world’s two largest economies has reignited […]
Yen Steadies After Weekly Low on Hopes of Trump-Xi Trade Talks
Yen Steadies After Weekly Low on Hopes of Trump-Xi Trade Talks HG MARKETS: The Japanese Yen (JPY) is witnessing modest fluctuations against the US Dollar, showing a slight recovery from recent weekly lows and pulling the USD/JPY pair back below the 144.00 level. This rebound is driven by a positive revision to Japan’s Services PMI […]
U.S. Stock Futures Slip Amid Renewed Trade Tensions, Key Data in Focus
U.S. Stock Futures Slip Amid Renewed Trade Tensions, Key Data in Focus HG MARKETS: U.S. stock index futures fell Monday as escalating tensions between Washington and Beijing reignited fears of a renewed trade war between the world’s two largest economies. At last check, Dow Jones futures were down 220 points or 0.3%, S&P 500 futures […]
Oil Prices Struggle Amid OPEC Decisions and Geopolitical Tensions
Oil Prices Struggle Amid OPEC Decisions and Geopolitical Tensions HG MARKETS: The oil market is currently focused on the upcoming decision by the eight OPEC+ countries that have voluntarily reduced their production. Media reports suggest that some delegates are leaning toward a substantial production increase, which has already exerted downward pressure on oil prices. Given […]
Gold’s Appeal as a Safe Haven Declined as Trump’s Tariff Relief Spurred Greater Risk-Taking
Gold’s Appeal as a Safe Haven Declined as Trump’s Tariff Relief Spurred Greater Risk-Taking HG MARKETS: Gold prices dipped in Asia on Wednesday. This fall was largely due to investors feeling more confident about taking on risk, after U.S. President Donald Trump delayed imposing new tariffs on the European Union. The dollar also saw a […]