May 20 2025, 14:47 European equity indices edged higher Tuesday, boosted by a Chinese rate cut as well as the possibility of peace talks to end the Ukraine conflict. At 03:05 ET (07:05 GMT), the DAX index in Germany climbed 0.2%, the CAC 40 in France gained 0.2% and the FTSE 100 in the U.K….
The dollar index traded around 101.3 on Thursday after losing half a percent in the previous session, weighed down by growing expectations that the Federal Reserve will deliver a supersized 50 basis point rate cut later this month due to weak data. Markets are also pricing in about 125 bps in total easing this year,…
Oil prices settled marginally lower on Monday as OPEC’s plans to increase oil output once again outweighed hopes of a trade deal framework between the U.S. and China and renewed U.S. sanctions on Russia. Brent crude futures were down about 32 cents, or nearly 0.5%, at $65.62 a barrel, while U.S. West Texas Intermediate crude…
Jul 1 2025, 07:49 Gold edges higher in the early Asian session, underpinned by Fed rate-cut hopes. “The metal could find support amid subdued yields and dovish expectations,” Kudotrade’s Konstantinos Chrysikos says in an email. “Markets expect three rate cuts in the U.S. during the second half of the year, which could support non-yielding assets…
Gold prices rose again and approached a record high, as investors awaited Thursday’s US inflation data and monitored the escalating situation in Venezuela. At the same time, silver also surged and hit a new high, extending its strong rally. Spot gold rose above $4,325/oz, rebounding after a slight decline in the previous session that broke…
The Australian Dollar (AUD) weakened against the US Dollar ahead of the release of highly anticipated US inflation data for September on Friday. Markets were also cautious following the surprising Australian employment data, which saw the unemployment rate rise to its highest level in nearly four years. This caused the probability of an interest rate…
