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Optimism Around Gold has Faded since US Election
Optimism Around Gold has Faded since US Election
2024-11-15
Gold prices stayed near a two-month low, weighed down by a strong dollar and optimism about economic growth under Trump’s second term.
​Yen Firms on Increasing Political Certainty
​Yen Firms on Increasing Political Certainty
2024-11-13
Despite PM Shigeru Ishiba's coalition losing its majority in last month's election, the yen steadied after his re-election.
​Sterling Drifts Higher Against Euro on Policy Rate Bets
​Sterling Drifts Higher Against Euro on Policy Rate Bets
2024-11-11
Sterling hit a two-year high against the euro on Monday, as investors bet the ECB would ease monetary policy faster than the BOE.
Oil Market Yet to Reflect MAGA Influence
Oil Market Yet to Reflect MAGA Influence
2024-11-11
Trump's return may boost fossil fuels and affect oil prices, with trade wars, geopolitical tensions, and low demand adding pressure.
​Bullion Steadies After Fed's Rate Cut
​Bullion Steadies After Fed's Rate Cut
2024-11-11
A retreat in the US dollar drove a 1% rise in gold prices on Friday. The Fed cut interest rates by 25 bps as expected this month.
​Euro plunges with EU gripped by fear of tariffs
​Euro plunges with EU gripped by fear of tariffs
2024-11-07
The dollar held near a four-month high as markets digested Trump's win, with attention shifting to central bank meetings, including the Fed.
​US Stock Futures Gain on Early Election Results
​US Stock Futures Gain on Early Election Results
2024-11-07
US stock futures and the dollar rose in Asia on Wednesday as early presidential election results showed a tight race, leaving investors uncertain.
Top Analyst Picks to Hedge Against the US Election
Top Analyst Picks to Hedge Against the US Election
2024-11-07
As Wall Street prepares for the U.S. election, the market is cautious, and the safe-haven demand for gold and the U.S. dollar is rising.
​Oil Prices Hold Gains on OPEC+ Policy Tweak
​Oil Prices Hold Gains on OPEC+ Policy Tweak
2024-11-07
Oil prices dipped slightly on Wednesday ahead of the US election, after rising 2% as OPEC+ delayed production hikes, easing supply concerns.
​Lonnie Languishes Around 2-year Low
​Lonnie Languishes Around 2-year Low
2024-11-05
The Canadian dollar rose from a two-year low on Monday before the US presidential election, boosted by stronger factory activity data on Friday.
NFP - Non-Farm Data Boosts Confidence
NFP - Non-Farm Data Boosts Confidence
2024-11-04
The latest report showed 254,000 jobs added in September, surpassing the forecast of 147,000, while the unemployment rate fell to 4.1%.
​Oil Increases More Than $1 on Iran Attack Report
​Oil Increases More Than $1 on Iran Attack Report
2024-11-04
Oil prices rose over $1 a barrel on Friday, reducing weekly losses amid rising Middle East tensions from reports of Iran's planned strike on Israel.
​US Equities Dragged Lower by Chip Makers
​US Equities Dragged Lower by Chip Makers
2024-11-04
US stock indexes fell on Wednesday due to a drop in chip stocks, but the S&P 500 is still on track for its sixth month of gains.
Euro Poised for Significant Downtrend
Euro Poised for Significant Downtrend
2024-11-04
Goldman Sachs predicts that if Trump imposes tariffs after his election, the euro may fall below parity against the dollar, with a drop of 8-10%.
​Gold Reaches Historic High Despite Weak China Demand
​Gold Reaches Historic High Despite Weak China Demand
2024-11-04
Gold prices hit a record high on Wednesday due to uncertainties from the US election and the Middle East conflict, despite a strong dollar.