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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 prices climbed on Thursday as concerns about the Middle East war extending to other regions boosted demand for the safe-haven metal. FUNDAMENTALS * Spot gold was up 0.4% at $2,369.93 per ounce, as of 0107 GMT. U.S. gold futures dipped 0.1% to $2,385.10 per ounce. * Israel will make its own decisions about how

The forex markets are still generally staying in consolidative mode today, showing minimal reaction to the latest economic data and comments from central bank officials. Commodity currencies, along with Swiss Franc, are displaying relative strength. Meanwhile, Euro, Dollar, and Yen are on the weaker side. In the broader financial markets, the recent selloff in global

The week is breezing by but nerves are increasingly frayed after 4 consecutive declines in US equities. Today’s highlight is the duo of the Philly Fed (shown above) and initial jobless claims, both at the bottom of the hour. There are sign of softening in the US jobs market but that hasn’t shown up yet

Oil prices are up around 16% so far this year near $90 a barrel, with supply worries high given escalating Middle East tensions and tit-for-tat attacks on energy infrastructure between Ukraine and Russia. Investors are paying attention. After all, it was an energy price surge two years ago that helped drive inflation and interest rates

The forex markets are rather subdued in today’s Asian session, with major currency pairs and crosses largely trading within yesterday’s ranges. Australian Dollar strengthened slightly, ignoring significantly weaker-than-anticipated job data. Instead, it’s lifted by rebound in Asian stock markets and stabilizing risk sentiment. However, the momentum behind Aussie’s rebound appears weak and limited, suggesting it

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

Extending gains for the second day in a row, gold and silver prices hit fresh all-time high levels on Tuesday, tracking strong trends in the international markets amid fears of escalating tensions in the Middle East. According to HDFC Securities, gold prices zoomed Rs 700 to hit its lifetime high of Rs 73,750 per 10

Sterling is having a volatile trading day, initially gaining ground after UK CPI data which indicated slower pace of disinflation than anticipated. Despite this, the currency struggled to maintain its momentum as the data did not substantially alter the broader expectation that BoE) will delay interest rate cuts until at least late summer. The lack

Headlines: Markets: NZD leads, USD lags on the day European equities higher; S&P 500 futures up 0.3% US 10-year yields flat at 4.655% Gold up 0.3% to $2,388.80 WTI crude down 0.7% to $84.77 Bitcoin flat at $63,053 The dollar is taking a bit of a breather today as it slacks against the rest of

Gold prices held steady on Wednesday as safe-haven demand for bullion amid the Middle East conflict partially offset pressure from higher U.S. Treasury yields. FUNDAMENTALS * Spot gold held its ground at $2,383.29 per ounce, as of 0114 GMT. U.S. gold futures fell 0.3% to $2,399.60 per ounce. * Benchmark U.S. 10-year Treasury yields hovered

Dollar’s rally appeared to be slowing a little despite extended rally in benchmark treasury yields, the selloff in US stocks could be stabilizing too. Fed Chair Jerome Powell’s comment that interest rate could stay at current level for longer if inflation persist triggered little reactions in the market. This is actually a given now considering

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 prices eased on Tuesday, as rising expectations of fewer U.S. rate cuts this year overshadowed safe-haven demand amid ongoing tensions in the Middle East. Spot gold fell 0.2% to $2,376.90 per ounce by 09:26 ET (1326 GMT). The yellow metal touched an all-time high of $2,431.29 on Friday in anticipation of Iran’s retaliatory attack

Euro rises broadly today, lifted by significant improvement in economic sentiment indicators from Germany and the broader Eurozone. Despite these positive signals, current situation assessment remains subdued. While the worst may be over for Germany’s economy, in particular the manufacturing sector, recovery is still in its nascent stages and further nurturing is required. The uptick

Headlines: Markets: EUR leads, AUD lags on the day European equities lower; S&P 500 futures up 0.1% US 10-year yields up 2.3 bps to 4.650% Gold down 0.4% to $2,371.94 WTI crude down 0.2% to $85.19 Bitcoin down 0.9% to $62,610 The dollar isn’t flexing its muscles too much in European trading today. However, it

Amid safe haven buying in bullion due to rising geopolitical tensions, gold June futures on MCX rose Rs 642 or 0.89% to trade at Rs 72,919 per 10 grams on Tuesday while MCX May silver contracts gained Rs 334 or 0.4% to Rs 84,185 per kg. On Monday, gold and silver settled on a positive

Dollar is capitalizing on its strong position and extends its rally om Asian session today, as risk aversion grips global markets. US stocks, which initially showed gains overnight, ultimately closed significantly lower as Treasury yields climbed in response to robust economic data. The sentiment continued in Asia, with major markets opening lower, and followed by