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Analysts turn bearish on dollar through 2024
Analysts turn bearish on dollar through 2024
2023-12-06
The euro rebounded against the dollar, hitting a three-week low of 1.07785 post-ECB hawkish remarks on no future rate hikes.
Natural gas bulls finally capitulate
Natural gas bulls finally capitulate
2023-12-05
OPEC+ output cuts left oil prices stable; smart money had anticipated the disappointment, as indicated by pre-existing data.
OPEC+’s attempt to raise oil prices falls through
OPEC+’s attempt to raise oil prices falls through
2023-12-01
Oil prices fell in early Asian trade on Friday, extended losses after OPEC+ agreed to voluntary oil output cuts for the first quarter next year.
Gold eyes record high as bonds keep rallying
Gold eyes record high as bonds keep rallying
2023-11-30
Gold neared a 7-month peak on Thursday amid speculation of a Fed rate cut in H1 2023, pressuring the dollar and Treasury yields.
​Listen to Charlie Munger and don’t be a right Charlie
​Listen to Charlie Munger and don’t be a right Charlie
2023-11-29
Charlie Munger, known for being Warren Buffett’s right-hand man, died at age 99. He would have turned 100 on New Year’s Day.
​Yen rallies to its highest level since mid-September
​Yen rallies to its highest level since mid-September
2023-11-29
The US dollar fell to a 2-month low against the yen as Fed Governor Christopher Waller hinted at a potential rate cut in the coming months on Wednesday.
Oil snaps losing streak ahead of OPEC+ meeting
Oil snaps losing streak ahead of OPEC+ meeting
2023-11-28
Oil prices rose on Tuesday ahead of a key OPEC+ meeting. Expectations are high for extended and deeper production cuts to support prices.
Investors on a gold buying spree on Black Friday
Investors on a gold buying spree on Black Friday
2023-11-27
Gold surpassed $2000 again on Monday, fueled by a weakened dollar and bets that the Fed won't raise rates further this month.
European shares rise to a fresh high in months
European shares rise to a fresh high in months
2023-11-24
European shares gained, led by energy stocks. ECB meeting minutes revealed policymakers' cautious optimism about declining inflation.
Oil prices lose steam on delayed OPEC+ meeting
Oil prices lose steam on delayed OPEC+ meeting
2023-11-23
Oil prices dropped 1% on Thursday, continuing a 1% loss from the previous session. OPEC+ postponed its meeting to November 30 from November 26.
Gold loses footing at $2000 level
Gold loses footing at $2000 level
2023-11-22
Gold dipped below $2000 on Wednesday as the dollar strengthened. Despite warnings from Fed officials, it had crossed that mark in the previous session.
Big Tech lead Wall St higher
Big Tech lead Wall St higher
2023-11-21
Asian shares rose on Tuesday, following Wall Street's tech-led gains. Investors applaud strong earnings and declining Treasury yields.
Markets barely move after Fed’s decision
Markets barely move after Fed’s decision
2023-11-20
Global shares were mostly flat while U.S. yields fell on Wednesday after the Fed delivered its 11th consecutive hike in interest rates aimed at reining in rising consumer prices.
Oil extends gain on potential supply tightening
Oil extends gain on potential supply tightening
2023-11-20
Oil rose as OPEC+ planned deeper cuts to boost prices. Improved supply and an economic slowdown led to a four-week decline.
Gold overshadows battered crude on US slowdown
Gold overshadows battered crude on US slowdown
2023-11-17
Asian oil prices are set for a fourth consecutive weekly drop, tumbling 5% to four-month lows amid demand worries on Thursday.