May 5 2025, 13:05 The USD/CHF pair struggled to capitalize on Friday’s US jobs data-led uptick from the 0.8200 level and attracted fresh sellers at the start of a new week. However, the spot prices remained confined within a familiar range for the past two weeks and are currently trading around the 0.8235-0.8230 region, down…
Silver prices (XAG/USD) rose to around $49.70/oz during the Asian session, holding in positive territory after hitting a four-decade high. The rise was driven by inflows into safe-haven assets amid uncertainty—from the ten-day US government shutdown, tariff concerns, and geopolitical risks. Solid industrial demand (including renewable energy and electronics) also contributed to the rally. Similarly,…
Sep 19 2024, 06:55 Gold was steady following a tumultuous session in which it touched a record high after the Federal Reserve cut rates by 50 basis points, before retreating as Chair Jerome Powell signaled policymakers aren’t in a rush to ease aggressively. Bullion traded near $2,560 an ounce, after slipping 0.4% on Wednesday. While the…
Emas menuju kenaikan mingguan terbesar dalam sebulan terakhir, didorong oleh ketegangan dagang global dan penunjukan sementara Stephen Miran sebagai Gubernur The Fed oleh Presiden Donald Trump. Logam mulia ini diperdagangkan mendekati $3.400 per ons, dengan potensi mencatat kenaikan mingguan sekitar 1%. Trump menunjuk Miran—Ketua Dewan Penasihat Ekonomi AS—untuk menggantikan Adriana Kugler sebagai anggota sementara The…
Oil rose after after the White House signaled openness to reach a deal with China to quell fresh trade tensions between the two biggest crude consumers. Brent advanced above $63 a barrel after plunging 3.8% on Friday in its biggest drop since August. On Sunday, Donald Trump and Vice President JD Vance struck a slightly more conciliatory tone…
European stocks opened lower Tuesday as investors assess the economic and political outlook in the region and beyond. The pan-European Stoxx 600 was down 0.5% as all sectors and major bourses traded in the red. Mining stocks led losses, down 0.97%, while autos also sank 0.9%. Shares of German fashion house Hugo Boss plunged more…
