Gold held steady even as Treasury yields posted sharp declines, amid recent dovish commentary from Federal Reserve officials that indicated further interest rate rises this year are unlikely. Yields on US government bonds notched some of their biggest one-day losses all year on Tuesday as swap markets scaled back bets the central bank will hike rates again in 2023. While tighter monetary…
Oct 22 2024, 08:03 Oil steadied after surging almost 2% on Monday as traders tracked tensions in the Middle East, and broader markets carried a risk-off tone. US benchmark West Texas Intermediate was little changed just above $70 a barrel, while Brent closed near $74 in the week’s opening session. Traders are waiting to see…
Oil prices continued to weaken following Donald Trump’s statement that Venezuela would hand over tens of millions of barrels of crude oil to the United States. Brent oil fell to near US$60 per barrel, while WTI hovered around US$56, extending its decline since the beginning of the year. Trump stated that up to 50 million…
Feb 3 2025, 14:30 Dolar AS (USD) menguat pada hari perdagangan pertama bulan Februari karena pasar bersikap hati-hati dalam menanggapi pengumuman tarif Presiden AS Donald Trump. Nanti di sesi Eropa, data inflasi Januari dari kawasan Euro akan dicermati dengan saksama oleh para investor. Pada paruh kedua hari ini, kalender ekonomi AS akan menampilkan data ISM…
Gold prices weakened in early December, dragged down by investor caution ahead of the Federal Reserve’s looming interest rate decision. Amid speculation that the Fed was ready to cut rates again this month, market participants opted to hold back, keeping gold’s movements limited. Pressure from the mixed US dollar also prevented gold from posting significant…
Japanese stocks jumped on Tuesday as traders ramped up their bets ahead of crucial upcoming events, including Japan’s central bank meeting. The Nikkei 225 gained 0.15%, or 57.32 points, to close at 38,525.95. On Wednesday, the BOJ will outline plans to taper bond purchases and consider the timing of its next interest rate hike, marking…
