Taking a short-term view, the oil market feels delicately poised and what happens over the next 24-48 hours could be very telling for the near-term passage...
Oil prices stabilised to a certain extent after a rally last week, driven by a significant 2.547-million-barrel drop in US crude inventories, surpassing expectations. The reduction...
The oil market has the wind to its back as we head into the Northern Hemisphere Summer, with WTI crude having rallied 13% since the 4...
The big picture view on gold is that price is in wait-and-see mode, and assessing what comes next in US economic trends, Fed policy and EM...
Gold inched up after trading within a narrow range. The yellow metal’s price action reflected ongoing uncertainty regarding the Federal Reserve’s timeline for interest rate cuts,...
Crude oil prices showed mixed movements at the start of the European session. The market sentiment remains cautious due to geopolitical developments in the Middle East...
The Bank of England’s Monetary Policy Committee sprang no surprises with today’s decision to hold Bank Rate steady for the seventh straight meeting, with such a...
The British pound is edging slightly lower after yesterday’s rebound, particularly against the US dollar, due to a stronger uptick in US bond yields. Despite today’s...
Four in ten consumers say they’ve cut back on non-essential spending, reducing their monthly discretionary budget by £77 on average compared to the start of the...
Crude oil prices stabilized on Wednesday, although they remain near last month’s upper values. Brent crude futures hovered around the key level of $85 per barrel,...
Nvidia has become the largest company listed on Wall Street, and thus also the most valuable company in the world. It took it only 96 days...
The Prime Minister has declared that the Tories have reached the 2% target for inflation for the first time in three years. Rishi Sunak has said...