Geopolitical Tensions Impact on Gold Price
Gold prices remained stable at approximately $2,310 per ounce on Thursday. Market participants are keenly awaiting upcoming U.S. economic reports to glean insights into...
May 9, 2024
Fed Rate Cuts to Propel Oil Demand?
WTI crude futures significantly increased, climbing above $79 per barrel this Thursday. The latest official data revealed that a notable drop influenced this rise...
May 9, 2024
GBPUSD Analysis – UK Inflation Hits Lowest Since 2021
The British pound is currently trading around $1.25 (GBPUSD), reflecting a market attuned to shifts in monetary policy on both sides of the Atlantic....
May 8, 2024
EURUSD Analysis – Fed and ECB Diverging Paths?
As of early May, the Euro has approached $1.07 (EURUSD), hitting near one-month highs. This recent surge stems from traders evaluating the changing landscape...
May 8, 2024
WTI Crude Oil Falls as OPEC+ Mulls Production Boost
WTI crude futures have dropped below $78 per barrel, reaching a near two-month low. This significant decline came after Alexander Novak, Russian Deputy Prime...
May 8, 2024
XAUUSD Analysis – China Buys More Gold
Gold prices remained stable at around $2,310 per ounce this Wednesday. Investors are keeping a close watch on upcoming statements from Federal Reserve officials....
May 8, 2024
