Gold remains steady as uncertainty surrounding US-China trade offsets robust US jobs data. Gold prices exhibited stability. Trade tensions between the United States and China offset the positive job data emerging from the U.S. China seeks to improve its relations with the United States. There exists the potential for discussions between Donald Trump and Xi Jinping. Gold Read More
Gold remains close to a four-week high, influenced by a declining dollar and ongoing trade concerns. Gold prices surged to a near four-week high, supported by a declining dollar and heightened U.S.-China trade tensions, which have amplified demand for this safe-haven asset. The uncertainty surrounding trade negotiations and geopolitical concerns, particularly the discussions between Russia and Read More
Copper continues to play a pivotal role in the global green transition, as demand experiences a significant surge in Asia, particularly in China and India. As electrification and electric vehicles propel consumption, supply limitations stemming from aging mines, environmental regulations, and geopolitical challenges could exacerbate future shortages. Despite near-term volatility, long-term market sentiment remains optimistic. Copper, Read More
Oil remained relatively stable as investors monitor discussions between Iran and the United States, alongside data emerging from China. Oil prices exhibited stability as investors closely observed the ongoing Iran-U.S. nuclear negotiations while anticipating significant economic data from China in the context of prevailing trade tensions. Brent crude experienced a modest decline, settling at $65.36 per Read More
Oil prices have risen by 2%, reaching a two-week high, following the announcement of tariff reductions between the US and China. Oil prices experienced an increase of around 2% after the U.S. and China reached an agreement to reduce tariffs, which has sparked optimism regarding a potential resolution to their ongoing trade conflict. Brent crude reached Read More
Oil prices held firm on Friday following a prior increase, supported by the alleviation of U.S.-China trade tensions and the establishment of a new trade agreement between the U.S. and Britain. Brent crude is currently priced at $62.91 per barrel, whereas WTI stands at $59.98. The U.S. and China are set to convene in order Read More
Oil prices rise amid indications of increased demand from Europe and China, coupled with a reduction in US production. Brent crude futures increased by 37 cents a barrel, representing a 0.6% rise, reaching $62.52 a barrel by 1215 GMT. Meanwhile, U.S. West Texas Intermediate crude stood at $59.53 a barrel, up by 44 cents, or Read More
Oil prices increase following China’s announcement of its willingness to engage in trade discussions with the United States. Oil prices experienced an uptick in Asian trading as China’s signals of willingness to engage in U.S. trade discussions raised optimism for potential de-escalation. Brent crude increased to $62.51 a barrel, whereas U.S. WTI crude attained $59.62. The Read More
Gold prices have seen a modest decline attributed to a strengthening dollar, as market participants closely monitor forthcoming updates on U.S. trade policies and the impending U.S. non-farm payrolls report. The market is poised for the jobs report, seeking clarity on the Federal Reserve’s monetary policy trajectory, in the context of persistent trade negotiations and Read More
Oil experiences a slight increase, even amid an unclear economic forecast and the possibility of an OPEC+ supply increase. Oil prices experienced a modest uptick in early trading. Nevertheless, uncertainties surrounding trade discussions between the U.S. and China persist, exerting pressure on the market. The possibility of OPEC+ potentially augmenting supply contributes to the prevailing pessimism. Read More
