The DXY has been steadily losing ground, posting its third straight week of declines and is now dipping below the 102 level. Given that we haven’t...
Gold holds above $2,500 an ounce after touching $2,510 in the first moments of this week’s trading, while still down 0.15%. COMEX gold futures also touched...
On Sunday the Asian oil market experienced a significant decline, with Brent crude trading at $79.55 per barrel and West Texas Intermediate (WTI) at $76.52 per...
Gold touched $2,500 an ounce for the first time in history in spot trading, while COMEX futures reached $2,538. Gold’s gains on Friday come as more...
This morning’s UK retail sales figures showed that consumers started the third quarter of the year on a relatively solid footing, with sales having risen by...
Crude prices have had something of a choppy week, though the front WTI contract is, just about, set to eke out a second straight weekly gain,...
The highly anticipated July US CPI, retail sales, and the latest jobless claims didn’t steer gold into a definitive trend, with prices still consolidating above $2,430....
Crude oil across both major benchmarks, Brent and West Texas Intermediate (WTI), is trading sideways with some bullish bias of around 0.3%. The crude moves come...
The British Pound reacted positively to the UK’s GDP figures released earlier today. The economy grew by 0.6% in the second quarter, following a 0.7% rise...
UK GDP showed no growth month-on-month in June, following 0.4% growth in May, with quarterly growth of 0.6%. The monthly result reflects a modest fall in services output,...
Crude prices benefited from a large, unexpected drop in U.S. oil stockpiles and softer inflation data. Softer producer price index data heightened expectations for a September...
The Japanese yen has pared recent gains following a rebound in riskier assets, spurred by unexpectedly mild US Producer Price Index (PPI) data. This data supports...