Global oil prices rebounded from their lowest level since October, driven by positive sentiment in global financial markets. Brent strengthened to near $62 per barrel after falling 1.5% in the previous session, while WTI hovered around $58 per barrel. This increase is in line with the strengthening of Asian stock markets, following new records in…
Silver prices are still moving at high levels today, holding near record levels after a sharp rally in recent weeks. The main sentiment stems from expectations of further monetary easing in the US after the Fed cut interest rates again. Lower interest rates make non-yielding assets like silver and gold more attractive, especially amid inflation…
Gold prices traded around $4,270 per troy ounce on Friday, approaching a seven-week high and poised to close the week with gains. This increase was driven by expectations that the Fed will continue to ease monetary policy for some time to come. For the market, gold is once again being viewed as a safe haven…
Hong Kong stocks rose around 201 points (0.8%) to 25,733 in Thursday’s morning session, extending their gains for a second day. This rise was driven by positive sentiment from Wall Street after the Fed cut interest rates in line with market expectations. Traders remain hopeful of further easing, although the US central bank has signaled…
The Nikkei index opened up around 0.2% to 50,707.54, following positive sentiment on Wall Street after the Fed cut interest rates. Today’s gains were led by financial and trading house stocks; Dai-ichi Life Holdings rose around 2.4%, while Sumitomo Corp. gained around 2.5%, reflecting a return to risk appetite in the Japanese stock market. On…
Oil prices continued their rally after the United States seized a sanctioned tanker off the coast of Venezuela, sparking concerns about supply disruptions and escalating geopolitical tensions. WTI for January delivery rose about 0.6% to around $58.79 per barrel in Asia, while Brent for February held above $62.21 per barrel. The seizure of this super-large…
