Oil prices held steady in Asian trading on Wednesday (December 23rd) after posting five consecutive sessions of gains, supported by US-Venezuela tensions and strong US economic growth data. Brent prices rose 0.1% to $62.42 per barrel, while WTI also gained 0.1% to $58.42 per barrel. Geopolitics remains a key driver of oil prices, with tensions…
Silver prices continued to soar, reaching $72.22 per ounce on December 24, 2025, setting a new all-time high in the precious metals market. This surge reflects strong demand from both the investment and industrial sectors, as well as expectations that global monetary policy will loosen further in the future. Investors are increasingly turning their attention…
Gold prices hit a new record above $4,500 an ounce on Tuesday (December 23rd), driven by rising geopolitical tensions, particularly in Venezuela, and expectations that the Federal Reserve will cut interest rates further next year. Gold continues to show its appeal as a safe haven amid concerns about macroeconomic risks, while silver and platinum prices…
The Hang Seng Index rose 192 points (+0.75%) to close at 25,690 on Friday, extending its rally to three consecutive sessions as nearly all sectors advanced. Sentiment was also boosted by the strengthening of mainland Chinese stocks, coupled with reports that ByteDance had reached an agreement with three major investors to form a joint venture…
The Nikkei 225 index closed higher on Friday, December 19, 2025, rising by around 1.16% to 49,568. This gain attracted attention because it occurred amidst news of a Bank of Japan (BOJ) interest rate hike, which typically depresses the stock market. The key factor: although the BOJ raised interest rates 25 bps to 0.75%, its…
Oil prices are headed for a second weekly decline as market concerns about oversupply outweigh potential supply disruptions. Brent fell below $60/barrel and fell more than 2% throughout the week, while WTI traded around $56/barrel. Nearly all major global traders expect the market to be oversupplied by early next year. Trafigura even predicts the benchmark…
