Gold prices are poised for a seventh weekly gain, with the US government shutdown adding another layer of uncertainty for investors seeking clues about the Fed’s policy easing. After a five-day rally that pushed to a new record, profit-taking has stalled, but spot gold remains near $3,860/oz. The delay in the government payroll release has…
Jan 7 2025, 08:36 The EUR/USD pair weakened near 1.0380 on Tuesday (1/7) during Asian trading hours. The greenback moved higher after President-elect Donald Trump said that his tariff policies will not be reduced. Traders are gearing up for the preliminary Eurozone Harmonized Consumer Price Index (HICP) and the US ISM Services Purchasing Managers’ Index…
Gold was steady following its biggest weekly gain in two months as the market waited for more clarity on when the Federal Reserve would start cutting interest rates. Bullion has largely held its ground this year despite investors pushing back expectations for how soon the Fed would start easing. Swaps markets suggest investors don’t see much chance…
Global oil prices fell slightly as the market was clouded by two conflicting concerns: the threat of a supply surplus and new US sanctions against Russia. Brent was trading below USD 64 per barrel, while West Texas Intermediate (WTI) hovered near USD 59 per barrel. The price of Russia’s main oil fell to its lowest…
Feb 3 2025, 14:13 Harga Perak (XAG/USD) jatuh mendekati $30,90 selama jam-jam awal perdagangan Eropa pada hari Senin (3/2). Meningkatnya ketakutan akan perang dagang global menyusul langkah-langkah tarif besar-besaran Presiden AS Donald Trump mendorong Dolar AS (USD) secara umum dan memberikan tekanan jual pada logam putih tersebut. Menurut grafik 4 jam, prospek bullish logam putih…
Oil pushed lower after a loss of almost 5% on Tuesday as the possible easing of political unrest in Libya shifted focus back to concerns over global demand and OPEC+’s plan to boost production from October. Brent traded near $74 a barrel and West Texas Intermediate dropped below $70 for the first time since early January….
