Oil Prices Climb Amid Middle East Tensions; Asian Markets Mixed
Oil prices extended gains for a fourth day, reaching a three-week high as geopolitical tensions in the Middle East escalated; Asian equities
Latest commodities news and market analysis
Oil prices extended gains for a fourth day, reaching a three-week high as geopolitical tensions in the Middle East escalated; Asian equities
Reserve Bank of Australia Deputy Governor Andrew Hauser emphasized that inflation remains elevated and monetary policy must curb demand.
Reserve Bank of Australia Deputy Governor Andrew Hauser is scheduled to speak, with markets keen for insights on monetary policy.
A recent survey indicates fund managers are increasingly optimistic about equities, with cash allocations reaching near-record lows.
Iraq, OPEC's second-largest oil producer, is actively pursuing alternative export pathways to mitigate reliance on the Strait of Hormuz.
The Federal Reserve's July meeting minutes are anticipated to offer deeper insights into monetary policy, following a concise statement.
An industry survey revealed a substantial decline in US crude oil inventories, alongside a notable reduction in diesel stockpiles.
US crude oil stockpiles saw a significant reduction last week, reversing much of the substantial increase observed in the prior period.
The United Arab Emirates has announced a halt to all trade and financial interactions with Iran amidst rising regional tensions.
Gold experienced a notable decline as US Treasury yields continued their upward trend, while energy prices also saw increases.
Silver (XAG/USD) is experiencing a period of consolidation, trading within a defined range after its previous upward movement.
TD Securities maintains a bullish outlook on oil, citing persistent market tightness and geopolitical tensions in a key shipping lane.
International brokerage FP Trading has obtained a Category 5 license from the UAE's Capital Market Authority, marking its first onshore regu
Former President Trump stated no talks are occurring or planned with Iran, confirming the naval blockade in the Strait of Hormuz.
Despite recent joint currency interventions, the Japanese Yen continues to face downward pressure against the US Dollar.
Gold is expected to trade within a defined range, supported by Federal Reserve doubts but limited by potential higher interest rates.
Silver prices saw a modest decline on Tuesday, trading around $65.00, as market participants await key economic data and monitor geopolitica
Gold prices experienced a downturn on Tuesday, ending a two-day upward trend, influenced by a strengthening US Dollar and higher Treasury yi
Brent crude oil prices have climbed above $91 per barrel, driven by escalating geopolitical risks and persistent concerns over global supply
Diesel refining margins reach a new peak, while gold experiences price fluctuations amid central bank activity and shifting Fed expectations
India's central bank reportedly intervenes to support the rupee as the USD/INR pair approaches its all-time peak.
A vessel transiting near the Strait of Hormuz was reportedly hit by a projectile, with a crew casualty confirmed.
Analysts suggest a potential surprise cut to China's Loan Prime Rate this week, driven by recent weak economic indicators.
Silver (XAG/USD) experienced a decline, trading near $65.50 per troy ounce, as market sentiment reacted to developments concerning US-Iran r