A Russian missile strike on the eastern Ukrainian city of Balakliia killed three people, with three teenagers among the 10 wounded, Kharkiv regional officials said on Monday. The overnight attack damaged multi-storey residence blocks and destroyed scores of cars in the city centre, Oleh Synehubov, the governor of the region bordering Russia, said on the…
Oil prices fell again in the Asian session after the key Russian port, Novorossiysk, resumed crude oil loading. This recovery immediately eased market concerns about supply disruptions, wiping out the significant gains recorded in the previous session. Brent for January delivery fell 0.9% to $63.80 per barrel, while WTI weakened 1% to $59.47 per barrel….
Silver prices (XAG/USD) strengthened and moved near $51.00 during Monday’s Asian session. This increase occurred amid market uncertainty following the end of the US government shutdown. Market participants are also preparing to closely monitor the speeches of several Fed officials, including John Williams, Philip Jefferson, Neel Kashkari, and Christopher Waller, who could potentially provide new…
Gold prices (XAU/USD) remained on the defensive in Monday’s trading, after briefly rising slightly in the Asian session to above $4,100/oz. Sellers exploited this strengthening, putting pressure on gold for the third consecutive day. The primary reason was that market participants began to reduce expectations for a Fed rate cut in December, which strengthened the…
