Jan 20 2025, 08:43 Gold (XAU/USD) prices extended its decline to near $2,695 during the early Asian session on Monday (1/20). A stronger US dollar (USD) ahead of President-elect Donald Trump’s inauguration exerted selling pressure on the yellow metal. Analysts expect gold prices to face volatility ahead of Trump’s inauguration. Traders will be watching developments…
Jan 20 2025, 08:10 Oil prices rose in early Asian trade on the prospect of fresh supply disruptions, ANZ research analysts said in a commentary. New US sanctions on Russia’s oil industry prompted many buyers to look for alternatives, analysts said. However, the recent gains may be short-lived as Trump has vowed to end the…
Jan 20 2025, 09:59 The dollar weakened against major currencies on Monday as traders braced for a series of policy announcements following Donald Trump’s inauguration. Markets are focused on his plans to raise tariffs, tighten immigration, lower taxes and increase deregulation, which are expected to have an impact on inflation. However, trading volumes are expected…
Jan 20 2025, 08:28 The Nikkei 225 jumped 1% to above 38,800 while the broader Topix index rose 1% to 2,706 on Monday , recovering losses from last week as investors prepared for Donald Trump’s inauguration and braced for the potential impact of his policies. Domestic data revealed a surprise 3.4% month-on-month rise in Japanese…
