The US and European stock market rallies will continue, despite the US central bank perhaps not cutting rates at all until 2025, according to the CEO of a leading independent financial advisory
The price of gold (XAUUSD) extended its upside near $2,360 on Monday during early Asian trading, as the rising geopolitical tensions in the Middle East boost safe-haven flows and benefit precious metals.
The USDJPY pair was trading late Friday at 152.95, with a modest loss of 0.17%. Despite a drop in consumer confidence in the US, indicated by the University of Michigan’s (UoM) Consumer
West Texas Intermediate (WTI) is struggling to capitalise on the previous day’s goodish bounce from the $84.00 mark, or over a one-week low and oscillating in a narrow band during Asian trading
The Federal Reserve is expected cut rates only once this year, and the next will not be until January 2025, said the CEO of leading financial advisory and fintech deVere Group after
By Naeem Aslam Investors and traders are reluctant to take any major bets on either side of the market as the whole world is waiting for the most important data, released later
Silver advanced for the third consecutive session, trading at a two-year high near $28.00 per ounce during the early European hours on Tuesday. This surge in XAGUSD mirrors the rally in gold,
Gold dipped 1.1% after the US inflation print came in higher than expected, with economists at TD Securities saying yellow metal may drift modestly lower toward the $2,025-2,100 range. The February CPI
By Naeem Aslam Investors are taking a cautious approach when it comes to taking risks. This week’s economic data hasn’t been so supportive of their investment thesis, and hence they are
By Craig Erlam This is not the U.S. inflation report that the Federal Reserve wanted to see and markets responded accordingly late on Tuesday. Inflation in January was hotter than expected across
