U.S. Stock Futures Rise Slightly as Markets Await Crucial U.S. Nonfarm Payrolls Data
U.S. Stock Futures Rise Slightly as Markets Await Crucial U.S. Nonfarm Payrolls Data HG MARKETS: S&P and Nasdaq futures rose on Friday, supported by signs of a cooling U.S. labor market, which strengthened expectations of a Federal Reserve interest rate cut later this month. Investor focus was firmly on the upcoming nonfarm payrolls report, due […]
Oil falls as OPEC+ to consider another output hike
Oil falls as OPEC+ to consider another output hike HG MARKETS: Oil prices continued their decline on Thursday, extending losses from the previous session as investors awaited a pivotal OPEC+ meeting scheduled for the weekend. The market remains focused on potential output decisions that could further impact global supply dynamics. Brent crude fell to $67.14 […]
Silver Prices Break to Mid-$40s, Reaching Highest Levels Since September 2011
Silver Prices Break to Mid-$40s, Reaching Highest Levels Since September 2011 HG MARKETS: Silver (XAG/USD) continued its winning streak, gaining strong follow-through momentum for the third consecutive session and rallying to the $40.50–$40.55 zone during the Asian session. This marks the precious metal’s highest level since September 2011, underscoring the strength of the current bullish […]
Natural Gas Markets Strengthen as EIA Data Shows Modest Inventory Rise.
Natural Gas Markets Strengthen as EIA Data Shows Modest Inventory Rise. HG MARKETS: U.S. natural gas futures for October delivery extended Wednesday’s gains on Thursday, reaching a one-week high after government data showed a smaller-than-expected increase in stockpiles. The U.S. Energy Information Administration (EIA) reported that natural gas inventories rose by 18 billion cubic feet […]
Gold Eases on Fed Autonomy Fears
Gold Eases on Fed Autonomy Fears HG MARKETS: Gold prices slipped during Asian trading on Wednesday, retreating from a more than two-week high as political tensions in the U.S. surrounding the Federal Reserve triggered market volatility. The decline followed a sharp rally sparked by President Donald Trump’s abrupt attempt to dismiss Fed Governor Lisa Cook, […]
Traders Assess Geopolitical Developments for Oil Supply Outlook
Traders Assess Geopolitical Developments for Oil Supply Outlook HG MARKETS: Oil prices held steady in Asian trading on Monday, extending last week’s sharp gains. This stability was driven by two main factors: fading hopes for an immediate ceasefire between Russia and Ukraine, and signs from the U.S. Federal Reserve that a rate cut is likely […]
Wall Street Futures Nudge Higher with Powell’s Jackson Hole Speech in focus.
Wall Street Futures Nudge Higher with Powell’s Jackson Hole Speech in focus. HG MARKETS: U.S. stock index futures edged higher early Friday as investors remained cautious ahead of Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole Symposium, which is expected to provide further insight into the economic outlook. Dow Jones Futures were […]
Pound Sterling Strengthens as UK Inflation Reaches 18-Month High.
Pound Sterling Strengthens as UK Inflation Reaches 18-Month High. HG MARKETS: The British Pound (GBP) advanced against major currencies on Wednesday after the United Kingdom’s Consumer Price Index (CPI) for July exceeded market expectations, reinforcing the outlook for a cautious monetary policy stance from the Bank of England (BoE). Data released by the Office for […]
Trump Shifts Stance On Ceasefire After Meeting With Putin
Trump Shifts Stance On Ceasefire After Meeting With Putin HG MARKETS: When President Trump was flying to Alaska for his summit with Russian leader Vladimir Putin, Trump said the main goal was a ceasefire. He said he’d be disappointed if it didn’t happen, and warned of “severe consequences.” But shortly after meeting Putin, Trump reversed […]
Gold Edges Higher Yet Remains on Track for Weekly Loss Ahead of Alaska summit
Gold Edges Higher Yet Remains on Track for Weekly Loss Ahead of Alaska summit HG MARKETS: Gold prices inched higher on Friday, but the yellow metal remained on course for a weekly decline as investor optimism over a substantial interest rate cut by the Federal Reserve next month continued to fade.Spot gold rose 0.2% to […]