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The dollar is down as markets are bracing for Trump’s inauguration later in the day. The early signals is that there won’t be anything too significant on the tariffs front and that is putting the dollar off slightly. Trump and Xi also had positive talks over the weekend with the former tweeting this: “I just

Gold prices declined on Monday, 20 January, as investors awaited clarity on the incoming US administration’s policies from President-elect Donald Trump‘s inauguration speech, which could provide further insights into the Federal Reserve‘s interest rate trajectory. As of 10:11 am, February gold futures were trading at Rs 78,896 per 10 grams on the MCX, down by

UPCOMING EVENTS: Monday: PBoC LPR,US Presidential Inauguration Day, BoC Business Outlook Survey, New Zealand Services PMI. Tuesday: UK Employment report, German ZEW, Canada CPI, New Zealand Q4 CPI. Thursday: Canada Retail Sales, US Jobless Claims. Friday: Japan CPI, BoJ Policy Decision, Australia/Japan/Eurozone/UK/US Flash PMIs. Monday The PBoC is expected to keep the LPR rates unchanged

– Gold prices hit more than one-month highs on Thursday in early Asian hours after data showed U.S. core inflation rose less than expected in December, raising hopes that the Federal Reserve could ease interest rates further. FUNDAMENTALS * Spot gold was flat at $2,695.84 per ounce, as of 0051 GMT, after hitting its highest

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

Oil prices rose for a second day on Thursday after a larger-than-expected decline in U.S. crude oil stockpiles added to supply concerns stoked by U.S. sanctions against Russian energy trade. Brent crude futures rose 30 cents, or 0.4%, to $82.33 per barrel by 0120 GMT, after rising 2.6% to its highest since July 26 in

Global markets are buzzing in anticipation of Donald Trump’s inauguration on January 20, yet the latest developments suggest investors may already be looking past the immediate impact. Despite speculation surrounding Trump’s policies—particularly tariffs—various benchmarks and asset classes are charting their own directions based on localized drivers and monetary policy expectations. In the US, the strong

Here is my base case. Greenland: This is a real pet project of Trump’s. He’s a real estate guy, it’s the biggest island in the world and there are only 56,000 people there. Denmark is weak, there is already a US base on the island and there are probably a lot of natural resources waiting

After soft US inflation data, Gold February futures contracts at MCX opened flat on Thursday at Rs 78,805 per 10 gram, which is up by 0.12% or Rs 95 while silver March futures contracts were trading at Rs 93,139/kg, up by 0.3% or Rs 283. Gold prices have risen by Rs 840/ 10 grams in

Yen’s recovery gained some momentum today on as speculation over an imminent BoJ rate hike. Governor Kazuo Ueda reinforced Deputy Governor Ryozo Himino’s earlier comments, suggesting that next week’s policy meeting could bring a shift in monetary policy. The unified tone from BoJ’s leadership is seen a calculated effort to prime markets for potential action.

The major European indices closed solidly higher not only for the day but also the week. The gains have led to record closes for the German DAX, the UK’s FTSE 100 and Italy’s FTSE MIB. The final numbers for the day show: German DAX, +1.20%. For the week the index rose 3.41%. A new record

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 major US stock indices are closing higher for the day and for the week. The week gain, is the first for the new trading year for the broader indices. For the day: Dow industrial average rose 334.70 points or 0.78% at 43487.83 S&P index rose 59.32 points or 1.00% at 5996.66 NASDAQ index rose

Markets: Crude oil: $-0.47 at $77.38 Gold $-11.90 or -0.44% at $2701.83 Silver is $0.47 or -1.54% at $30.32 Bitcoin up $4864 or 4.87% at $104,831 The USD is ending the day higher versus all the major currency pairs. The largest move is a 0.74% gain versus the JPY. The dollar rose by 0.61% versus

Gold prices firmed on Friday and were headed for a third straight week of gains after U.S. data this week hinted that the Federal Reserve might continue easing interest rates this year. FUNDAMENTALS * Spot gold was flat at $2,715.21 per ounce as of 0047 GMT, hovering near a more than one-month peak hit on

TOKYO – Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers and signals from a Federal Reserve official of potential interest rate cuts. Brent crude futures rose 13 cents, or 0.2%, to $81.42 per barrel by 0113 GMT, after declining

Gold February futures contracts at MCX opened flat on Friday at Rs 79,160/10 gram, which is down by 0.08% or Rs 66 while silver March futures contracts were trading at Rs 95,525/kg, down by 0.3% or Rs 278. Gold prices have surged by Rs 700/10 grams in this week so far while silver prices traded

Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy trade hit supply, pushing up spot trade prices and shipping rates. Brent crude futures were trading 55 cents or 0.7% higher at $81.84 per barrel as of 0804 GMT and have gained 2.6% so