After new record, how high can gold go?

By Naeem Aslam   Gold prices surged to a historic high of $2,100, marking a significant milestone before undergoing a notable correction. Traders are now scrutinising the recent price action, contemplating whether this

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Markets ignore Saudi-led crude cuts

Concerns about a global economic slowdown impacting demand overshadow Saudi Arabia’s promised output cuts. The market sentiment has also been affected by rising fuel stocks in the US and disappointing Chinese export

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Markets bouncing back

By Craig Erlam   Stock markets bounced back on Tuesday as some calm returns following the UBS takeover of Credit Suisse and traders look ahead to the Fed on Wednesday. It’s been a

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All eyes on Powell

By Craig Erlam   It’s shaping up to be another relatively flat day in the markets as investors turn their attention to Capitol Hill ahead of Jerome Powell’s first testimony. The Fed Chair

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Ending the week on a high

By Craig Erlam   Stock markets are ending the week on a positive note although broadly speaking, it doesn’t seem we’ve progressed in either direction over recent weeks. Trading has become very choppy

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