Gold Costs in a Holding Pattern Expecting More Rate Signals
Gold Costs in a Holding Pattern Expecting More Rate Signals H.G Markets : Gold costs floated marginally lower on Thursday, taking little help from a decrease in the dollar and yields as business sectors stayed nervous over the possibility of higher-for-longer U.S. financing costs. In any case, the yellow metal stuck to a great extent inside […]
After Pulling Back From A Nearly Three-month Peak, The Dollar Slid Against The Euro
After Pulling Back From A Nearly Three-month Peak, The Dollar Slid Against The Euro H.G Markets : On Wednesday, the dollar continued its retreat from a nearly three-month high against the euro, following a decline in U.S. bond yields. Analysts attributed the dollar’s pullback to technical factors, which came after a two-day rally against the euro, […]
Oil Rises after Gains, With the Focus Shifting To Ceasefire Talks in Gaza
Oil Rises after Gains, With the Focus Shifting To Ceasefire Talks in Gaza H.G Markets : Oil costs crawled up on Tuesday as financial backers held on to see whether a Center East excursion by top U.S. representative Antony Blinken will carry an end to the Gaza war, which has raised worries about provisions from the […]
Market Awaits Job Data amid Fed Mystery, China Concerns, Signaling Mixed Metals Outlook
Market Awaits Job Data amid Fed Mystery, China Concerns, Signaling Mixed Metals Outlook H.G Markets : Gold maintained levels above $2,050 per ounce on Friday, poised for nearly a 2% weekly gain, as the dollar and Treasury yields retreated amid strong expectations of US interest rate cuts in 2024. Despite Federal Reserve Chair Jerome Powell signaling […]
A mixed performance characterizes the dollar’s movements within a narrow trading range before FOMC
A mixed performance characterizes the dollar’s movements within a narrow trading range before FOMC H.G Markets : The dollar index ascended above 103.5 on Wednesday, nearing seven-week peaks as investors readied themselves for the Federal Reserve’s initial monetary policy pronouncement of the year. The central bank is anticipated to maintain interest rates at their current level, […]
Oil Bounces 1.5% In New Year after U.S. Powers Repulse Houthis In Red Ocean
Oil Bounces 1.5% In New Year after U.S. Powers Repulse Houthis In Red Ocean H.G Markets : Oil prices rose on Monday as Houthi rebels increased their attacks on vessels in the Red Sea, hitting a fuel tanker operated by Trafigura, adding to concerns about supply disruptions in the Middle East. Dangers of an extending struggle […]
Global Headwinds Testing Stock Market Records
Global Headwinds Testing Stock Market Records H.G Markets : On Friday, US stock futures experienced a decline following disappointing results from Intel, which led to a more than 10% plunge in extended trading. Intel’s weaker-than-expected first-quarter guidance had a ripple effect on industry peers such as NVidia (-1.7%), AMD (-3.4%), and Broadcom (-1.3%). In the previous […]
The dollar declines from its highs as risk appetite improves
The dollar declines from its highs as risk appetite improves H.G Markets : In early European trade on Wednesday, the US dollar pulled back from its six-week highs as risk appetite increased. Meanwhile, the euro struggled to gain traction ahead of the European Central Bank (ECB) policy meeting later in the week. The Dollar Index, which […]
Due To Great Administration of US Specialists No Supply Disruptions in Gas Supplies
Due To Great Administration of US Specialists No Supply Disruptions in Gas Supplies Harvest Global Markets : This month, a virus front cleared across quite a bit of Europe and goliath big haulers that help fuel through the Red Ocean were rerouted to try not to heighten viciousness. That ought to have pushed gas costs higher. […]
UK Retail Sales Drop 3.2% in December, Raising Fears of a Recession
UK Retail Sales Drop 3.2% in December, Raising Fears of a Recession Harvest Global Markets : The UK economy came under increased scrutiny on Friday as it struggled with a sharp drop in retail sales, which dropped by 3.2% in December after a strong 1.4% increase in November. This number exceeded the expectations of economists, who […]