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Headlines: Markets: USD leads, JPY lags on the day European equities higher; S&P 500 futures up 0.4% US 10-year yields up 1 bps to 4.496% Gold up 1.5% to $2,904.46 WTI crude up 1.3% to $71.92 Bitcoin up 1.1% to $97,592 The start to the new week is featuring more of the same theme from

The day after….no not the Super Bowl,..the US jobs report which had mostly strong. The Unemployment rate fell to 4%. The number of jobs added was less than expectations but the revisions were higher. However, benchmark revisions were lower for 2024. The earnings were higher but it could have been influenced by Wall Street bonuses.

Gold hit a new lifetime high in both domestic and overseas markets last week. Uncertainty over US trade tariffs bolstered gold’s safe-haven appeal. Firm overseas prices, a record weak Indian Rupee, and stable demand offered additional support to domestic prices. The yellow metal tested a high of $2,882 an ounce, gaining over 9 percent so

Gold prices firmed on Monday, and hovered near a record high hit in the previous session, as investors sought refuge in the safe-haven asset after U.S. President Donald Trump’s decision to impose fresh tariffs sparked concerns of a global trade war. FUNDAMENTALS * Spot gold was up 0.3% at $2,868.66 per ounce, as of 0005

Oil prices ticked higher on Monday even as investors weighed U.S. President Donald Trump’s latest tariff threat, this time on all steel and aluminium imports, which could dampen global economic growth and energy demand. Brent crude futures climbed 40 cents, or 0.5%, to $75.06 a barrel by 0133 GMT while U.S. West Texas Intermediate crude

Gold April futures contracts on the MCX opened significantly higher on Monday, reaching a new all-time high of Rs 85,300 per 10 grams, up by 0.48% or Rs 412. This surge followed concerns over US President Donald Trump’s plans to impose a 25% tariff on steel imports and reciprocal tariffs on various countries. Meanwhile, silver

Dollar faced significant volatility last week as shifting trade policy signals from the White House left investors scrambling for clarity. Initially, tariffs on Canadian and Mexican imports were imposed, only to be quickly suspended for 30 days following new agreements on border security and fentanyl control. Now, the focus turns to “reciprocal tariffs,” a move

Trade tensions remain at the forefront of market concerns as the US prepares to roll out another wave of tariffs. Over the weekend, President Donald Trump confirmed plans to impose a 25% tariff on all steel and aluminum imports, adding to the existing duties on these metals. The official announcement is expected today. Meanwhile, “reciprocal

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

The USD moved sharply higher at the start of the week on the Canada and Mexico tariff news. Those tariffs got a reprieve and the USD moved lower. Today, the greenback was mixed after the jobs report and the Michigan consumer sentiment but for the week, the greenback was mostly lower. The only currency that

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

It was Jobs Friday in North America with both the US and Canada releasing there January employment reports. For the US, the January non farm jobs for the month came in weaker than expected, with non-farm payrolls increasing by 143K compared to the 170K expected. However, there were positive revisions to the previous two months,

Gold prices inched higher on Thursday to hover near an all-time high hit in the last session, as Sino-U.S. tariff war concerns boosted safe-haven demand, while investors awaited the payrolls data for clues about the health of the world’s largest economy. FUNDAMENTALS * Spot gold was up 0.1% at $2,867.79 per ounce, as of 0032

After making a new all-time high of Rs 84,894/10 gram, Gold April futures contracts at MCX opened marginally lower on Thursday at Rs 84,512/10 gram, which is down by 0.07% or Rs 55 while silver March futures contracts were trading at Rs 95,549/kg, down by 0.43% or Rs 416. In this week so far, the

Gold prices steadied on Friday near record-high levels, and were headed to log their sixth successive weekly gain, as trade war jitters lifted safe-haven demand, while investors awaited the non-farm payrolls data for cues on the U.S. economic health. FUNDAMENTALS * Spot gold was up 0.1% at $2,859.59 per ounce, as of 0038 GMT, and

Gold futures hit an all-time high of Rs 85,279 on the MCX on Friday tracking global yellow metal prices. Around 9:15 pm today, the April Gold contracts were trading at Rs 85,094 per 10 gram, gaining by Rs 650 or 0.77%. Its gains this year have been to the tune of Rs 8,500 or 11%.

Yen continues to dominate the forex market this week, additionally supported by further decline in US and European benchmark yields overnight. The persistent strength in Yen is being reinforced by hawkish rhetoric from a known hawkish BoJ board member, who reiterated calls for a gradual rate hike toward the 1% neutral level. While this stance

The British Pound weakened significantly after BoE delivered a 25bps rate cut. The policy decision was more dovish than anticipated, primarily due to the unexpected shift in the MPC voting split. Catherine Mann, previously one of the most hawkish members of the committee, reversed course and joined Swati Dhingra in voting for a more aggressive