Oil prices eased on Tuesday but remained near four-month highs as the impact of fresh U.S. sanctions on Russian oil remained the market’s main focus, ahead of U.S. inflation data this week. Brent futures slipped 53 cents, or 0.7%, to $80.48 a barrel by 0746 GMT, while U.S. West Texas Intermediate (WTI) crude fell 44
Speculation surrounding the incoming US administration’s tariff strategy continues to rattle global markets. Reports suggest that President-elect Donald Trump’s economic team is exploring a phased approach to tariffs, gradually increasing rates by 2% to 5% per month. This tactic, if adopted, would utilize executive powers under the International Emergency Economic Powers Act to maximize negotiation
USD/JPY gains to near 158.00 as the safe-haven demand of the Japanese Yen has eased. Investors await the US inflation data for fresh guidance on interest rates. Fed dovish bets have lately trimmed on upbeat US labor market data for December. The USD/JPY pair moves sharply higher to near 158.00 in Tuesday’s European session. The
Gold is trading up and down since taking it’s last run higher from September that saw the precious metal summit at $2790.07 on October 30. Since, then there was a Correction down to early/mid September lows at $2535 area, A couple of high at $2721.41, and A higher low at $2584.63 The price moved higher
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
Gold February futures contracts at MCX opened flat on Monday at Rs 78,375 per 10 gram, which is down by 0.06% or Rs 48 while silver March futures contracts were trading at Rs 92,195/kg, down by 0.34% or Rs 311. However, gold prices have rallied by Rs 850/10 grams in the last one week while
Sterling’s selloff continues today as UK government bond yields surged to new highs, underlining deep market concerns over the nation’s fiscal outlook. 10-year Gilt yield breached 4.8%, a level not seen in 17 years, while 30-year yield climbed past 5.4%, marking its highest point in 27 years. At the core of this crisis are doubts
In this article LULU ANF Follow your favorite stocksCREATE FREE ACCOUNT A shopping bag from Abercrombie & Fitch (L), and the logo of Lululemon (R). Reuters ORLANDO, Fla. — Lululemon and Abercrombie & Fitch raised their fourth quarter outlooks on Monday after seeing a strong response from shoppers during the all-important holiday season. Lululemon’s new
The Greenback added to recent gains and rose to fresh cycle highs backed by investors’ repricing of fewer (if any at all) interest rate cuts by the Federal Reserve this year. Here is what you need to know on Tuesday, January 14: The US Dollar Index (DXY) surpassed the 110.00 hurdle for the first time
Fundamental Overview The USD got another boost on Friday following the NFP report as the data beat expectations by a big margin almost across the board. The market scaled back the rate cuts expectations further with now just one cut expected by the end of the year. The focus remains on inflation and this week
The dollar is once again keeping firmer in trading today, mostly advancing against the euro and pound. It is down against the yen but keeping steadier across the board elsewhere. GBP/USD is the biggest loser, down 0.7% to 1.2120 levels at the moment. The pair is continuing to stay poised in chasing further downside with
Oil prices extended gains for a third session on Monday, with Brent rising above $81 a barrel to its highest in more than four months, as wider U.S. sanctions are expected to affect Russian crude exports to top buyers China and India. Brent crude futures climbed $1.47, or 1.84%, to $81.23 a barrel by 0503
Sterling extended its losses at the start of the week as deepening concerns over the UK’s fiscal situation continued to dominate market sentiment. Yields on 10-year UK Gilts surged above 4.88%, inching closer to the psychologically significant 5% mark. Market participants remain skeptical about the government’s fiscal discipline, despite repeated reassurances from Chancellor Rachel Reeves.
The march higher in U.K. government bond yields since the launch of the Labour government’s debut budget plan in October sparked widespread concern last week, as borrowing costs rose to breach numerous decade highs. The prospect of public spending cuts or further tax rises came into focus last week, as 30-year gilt yields hit their
The Pound Sterling faces a sharp sell-off as rising borrowing costs for the UK government could force the administration to cut public spending. Surprisingly upbeat US NFP data has forced traders to pare dovish Fed bets. Investors await the UK-US inflation data for December, which will be released on Wednesday. The Pound Sterling (GBP) extends
The NASDAQ index moved to a low of 19143.64. That was down over 300 points on the day and in the process has moved within a swing area defined by recent swing lows of swing highs between 19119 and 19208 . A move below that area would open the door for further selling technically (see
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 fell on Thursday, extending losses from the previous day, pressured by large builds in U.S. fuel inventories last week, though concerns over tighter supplies from OPEC members and Russia capped the decline. Brent crude futures fell 28 cents, or 0.4%, to $75.88 a barrel by 0125 GMT. U.S. West Texas Intermediate crude futures
- « Previous Page
- 1
- …
- 28
- 29
- 30
- 31
- 32
- …
- 1070
- Next Page »