Oil Prices Surge on Supply Risks
Oil Prices Surge on Supply Risks HG MARKETS: Oil prices have recently experienced a nearly 2% rebound, following a challenging three-week losing streak. This recovery in prices is largely driven by tightening supply conditions, particularly due to recent disruptions in global oil production. One of the main factors behind the increase is the significant drop […]
Nonfarm Payroll Report Likely to Influence Upcoming Market Trends
Nonfarm Payroll Report Likely to Influence Upcoming Market Trends HG MARKETS: Recent tariff threats and reversals by Donald Trump, particularly concerning Canada and Mexico, have contributed to a weakened US Dollar, reflecting increasing uncertainty in US trade and monetary policies. Despite the current volatility, the US Dollar’s long-term trend remains upward. In the bond market, […]
Pound Rises Against US Dollar as Trump’s Tariff Plans Seem Less Concerning
Pound Rises Against US Dollar as Trump’s Tariff Plans Seem Less Concerning HG MARKETS: The British Pound (GBP) has been gaining strength against the US Dollar (USD), reaching near 1.2500. This upward movement comes as the US Dollar loses some of its early-week gains, driven by reduced demand for the currency after President Trump delayed […]
U.S. Tariffs Fuel Fears of Supply Disruptions, Driving Oil Prices Higher
U.S. Tariffs Fuel Fears of Supply Disruptions, Driving Oil Prices Higher HG MARKETS: Oil prices climbed on Monday following the imposition of new tariffs by U.S. President Donald Trump on imports from Canada, Mexico, and China. The tariffs have heightened fears of supply disruptions, though concerns over a potentially damaging trade war tempered further gains. […]
Gold prices reach all-time high as investors seek safety amid Trump’s tariff threats
Gold prices reach all-time high as investors seek safety amid Trump’s tariff threats HG MARKETS: Gold prices remained mostly stable during Asian trading on Friday, yet they were still at a record high after a significant surge in the previous session driven by growing uncertainty surrounding U.S. tariffs. Investors, wary of the evolving trade situation, […]
Dollar Rises Ahead of Fed Meeting, Euro Declines
Dollar Rises Ahead of Fed Meeting, Euro Declines HG MARKETS: The U.S. dollar strengthened slightly on Wednesday as traders showed caution ahead of the Federal Reserve’s upcoming policy decision, while the euro weakened in anticipation of the European Central Bank’s meeting on Thursday. The Dollar Index, which measures the greenback’s performance against six major currencies, […]
Nvidia Stock Plummets 13% Amid Concerns over DeepSeek’s AI Breakthrough
Nvidia Stock Plummets 13% Amid Concerns over DeepSeek’s AI Breakthrough HG MARKETS: NASDAQ futures slumped on Monday, driven by a decline in artificial intelligence heavyweight Nvidia (NASDAQ: NVDA) during premarket trading. Shares of the Santa Clara-based firm dropped 10% as investors weighed the potential implications of a breakthrough AI model from Chinese startup DeepSeek, which […]
Crude Oil to See First Weekly Decline of 2025 Amid Trump’s Tariffs Threats
Crude Oil to See First Weekly Decline of 2025 Amid Trump’s Tariffs Threats HG MARKETS: As sentiment is weighed by worries about trade conflicts and oil market intervention by recently elected U.S. President Donald Trump, oil prices are set to see their first weekly decrease of the year. During his first days in office, Trump […]
Gold price continues to rise above $2,750 despite slight USD strength
Gold price continues to rise above $2,750 despite slight USD strength HG MARKETS: Gold prices (XAU/USD) have been rising for the third day in a row on Wednesday, breaking past $2,750 and hitting their highest point since early November during the Asian trading session. This increase is mainly due to concerns about US President Donald […]
Trump Inauguration Pressures Dollar; Euro Gains Ground
Trump Inauguration Pressures Dollar; Euro Gains Ground HG MARKETS: The US dollar started the week on a softer note, with the Dollar Index—tracking the greenback against a basket of six major currencies—down 0.3% at 108.92, slightly below the two-year high reached last week. The dollar’s pullback follows a 4% gain since the November presidential election, […]