Crude Oil Prices Struggle As China Growth Plans Fail to Convince
Oil prices remain stuck between still-plentiful global supply and concerns about energy demand in major industrial economies
Oil prices remain stuck between still-plentiful global supply and concerns about energy demand in major industrial economies
A second Japanese official has given a mildly hawkish policy outlook, citing fresh wage pressures, bolstering market expectations that a rate hike may be triggered, sooner rather than later.
Gold has surged over the last two trading sessions, elevating 30-day gold volatility in the process. Central bank demand for the precious metal is expected to continue in 2024
The tech-heavy index started the week around Friday’s close but trading appears muted in a week of ‘high importance’ US data including Powell’s testimony and NFP
USD/JPY climbs on Monday, driven by rising U.S. yields. This action-packed week features Tokyo inflation, U.S. ISM services data, Powell's testimony before Congress, and the critical U.S. jobs report – all potential catalysts for FX volatility.
OPEC+ kept supply cuts in place, with Russia surprising markets by constraining its output for Q2. Red Sea strikes add to upside potential but growth concerns linger
The Chancellor will need to refrain from any unfunded offers to voters this week. Sterling might suffer if he doesn’t.
Last Friday’s sharp rally sent gold back to levels not seen since early-December. With little in the way of technical resistance ahead of last year’s spike high, will gold continue to rally?
The upcoming week brings a flurry of central bank activity and high-impact economic data, setting the stage for potential volatility in financial markets.
Gold surges past crucial resistance levels, hitting its highest mark since December of the previous year. The sustainability of this week's bullish breakout, however, depends on the upcoming U.S. jobs report.