Share: WTI crude oil prices declined following the start of a truce in the Gaza Strip. OPEC+ postpones crucial meetings, sparking speculations of potential oil production cuts for 2024. Global factors like higher US crude stockpiles, China’s uncertain oil demand, and non-OPEC production growth contribute to Oil price trends. West Texas Intermediate (WTI),
Share: Gold price rallies to $2000 per troy ounce, bouncing back from daily lows of $1976.97. Escalating Middle East conflict and Israel military expanding its operations in Gaza. Gold price finally broke the $2000 troy ounce barrier on Friday amidst increasing geopolitical risks, as the conflict between Israel and Hamas is at the
Share: Gold price remains sideways as the US core PCE inflation reading was in line with estimates. The downside in the Gold price remains cushioned by escalating tensions in the Israel-Palestine conflict. US Yellen sees Treasury yields elevated on Fed’s “higher for longer” interest rates outlook. Gold price (XAU/USD) trades in a tight range
Markets Remain Weighed Down by Geopolitical Concerns as US 10Y Rises Above 5% لینک منبع : هوشمند نیوز
From global meetings that could raise interest rates to the impact of Middle East conflict, this video covers all the latest news. Discover how job numbers in the UK are actually a good thing, while Europe’s positive economic outlook is a breath of fresh air. لینک منبع : هوشمند نیوز
Share: Gold price trades near $1,925 amid the mixed sentiment. The geopolitical tensions between Israel and Palestine boost the demand for XAU/USD. The upbeat US inflation report has prompted investors to price in a possible rate rise by the Federal Reserve (Fed). Investors will focus on the US Retail Sales, Chinese growth numbers,
Recommended by Daniel Dubrovsky Get Your Free Gold Forecast It was a volatile week for certain corners of financial markets over the past few trading sessions. All eyes were on gold and crude oil prices. XAU/USD rallied almost 5.5 percent, marking the best 5-day period since the middle of March. Meanwhile, crude oil prices soared
It’s not often you see gold up $60, oil up $4, bonds bid and equities beaten up. Generally when it happens, it comes with something geopolitical that was unexpected. That kind of move made sense Monday as the full breadth of the slaughter in Israel was coming into focus. However just hours after the market
CRUDE OIL PRICES OUTLOOK Oil prices soften after Monday’s strong rally. Despite Tuesday’s move, geopolitical tensions in the Middle East create a constructive backdrop for energy markets in the near term. This article looks at oil’s key technical levels to watch in the coming days and weeks. Trade Smarter – Sign up for the DailyFX
Share: Early Tuesday in Asia, the Reserve Bank of New Zealand unveils results of its first stress test for the life insurance industry while suggesting that the major players are well-placed to overcome the severe economic and insurance shocks, while continuing to pay out on policy claims, reported Reuters. More to come .
