Analysis

 Gold in a wait-and-see mode

Gold in a wait-and-see mode

Gold opens near Friday’s closing price as safe-haven demand stabilizes. Bulls wait for a break above 2,430. Bears anticipate a drop below 2,325.
XM Group | 397 days ago
US dollar exhibits remarkable strength amid global tensions

US dollar exhibits remarkable strength amid global tensions

The EUR/USD pair has experienced a notable decline, currently stabilising around 1.0648. Last week, the pair recorded its most significant weekly gain since 2022, fuelled by the anticipation of persistently high interest rates in the US and escalated conflicts in the Middle East.
RoboForex | 397 days ago
Daily Global Market Update

Daily Global Market Update

GBP/USD edged up 0.1%, Bitcoin corrected down 0.2%, Oil dropped 0.8% vs. USD, AUD rose 0.4% vs. USD. Ether trailed Bitcoin YTD gains. Oil steadied near 6-month highs. Russia exports diesel to Sudan post-EU embargo. Economic events include UK's Industrial Production, Japan's Capacity Utilization, Germany's CPI, Eurozone's Fin Meeting, UK's GDP, and US Michigan Consumer Sentiment Index.
Moneta Markets | 400 days ago
Decoding Japan's ESG Landscape: Insights from Q423 Index Analysis

Decoding Japan's ESG Landscape: Insights from Q423 Index Analysis

In the latest quarterly assessment, the Japan ESG macro index saw a downturn in Q423, marking a notable decline from the previous quarter. Despite this, it's important to note that the current index, standing at approximately 0.55, remains significantly lower than the peak observed in the earlier quarters.
ACY Securities | 400 days ago
Gold Surges on Escalating Middle East Tensions

Gold Surges on Escalating Middle East Tensions

Gold prices surged to near-record highs, driven by a subdued US Producer Prices Index, fueling expectations of Federal Reserve rate cuts and bolstering gold's appeal as a safe-haven asset amidst escalating geopolitical tensions, notably between Israel and Iran.
PU Prime | 400 days ago
US Dollar strengthens following high inflation data

US Dollar strengthens following high inflation data

The EUR/USD pair has experienced a significant decline, stabilising around 1.0745 by Thursday. This movement follows the US releasing inflation data that exceeded expectations, underscoring the ongoing battle against inflation.
RoboForex | 401 days ago
Daily Global Market Update

Daily Global Market Update

EUR/USD down 1%, USD/JPY up 0.9%. Gold-dollar fell 0.8%, Apple shares down 0.6%. Dollar strengthened broadly, reaching highest vs. yen since mid-1990 post-US inflation. Key releases: US Jobless Claims, Italy's Industrial Output, Aus Consumer Inflation, US Producer Price Index, Eurozone's Eurogroup Meeting.
Moneta Markets | 401 days ago
Dollar Surges on CPI Beat, Gold Pressured

Dollar Surges on CPI Beat, Gold Pressured

The Dollar Index surged on the back of robust inflation data, surprising investors and challenging expectations of an imminent rate cut. US Consumer Price Index (CPI) figures outpaced forecasts for the fourth consecutive month, reaching 3.5% over the 12 months to March. This unexpected inflationary pressure prompted a reevaluation of market sentiments regarding Federal Reserve policy moves.
PU Prime | 401 days ago