Philippine Peso Faces Pressure Amid Rising Oil Prices
The Philippine Peso is experiencing downward pressure, prompting central bank intervention as global oil prices continue their upward trend.
Latest commodities news and market analysis
The Philippine Peso is experiencing downward pressure, prompting central bank intervention as global oil prices continue their upward trend.
Gold extended its upward trend, reaching near the $2,160 mark, as global markets reacted to heightened geopolitical concerns.
Official data revealed an unexpected rise in US crude oil stockpiles, diverging from analyst predictions of a decline.
Former President Trump's remarks on Iran's nuclear ambitions coincide with shifts in oil prices and US bond yields.
Geopolitical developments in the Middle East, including a warning from former U.S. President Trump, keep crude oil prices elevated.
Gold prices advanced to a two-week peak as market participants assessed Middle East tensions and the Federal Reserve's future policy path.
Maritime traffic in the Red Sea faces increasing threats, compelling several tankers to alter their routes and raising concerns for global c
US equity futures edged lower as investors anticipated key technology sector earnings reports following a period of yield increases.
Iran's military claims to have targeted US installations in Jordan and Bahrain, signaling a potential escalation in regional hostilities.
The US has announced fresh tariffs on a range of Canadian goods, reigniting concerns about global trade disputes and their economic impact.
The USD/JPY currency pair advanced, driven by a stronger US dollar and ongoing geopolitical concerns in the Middle East.
Gold prices in Saudi Arabia experienced an increase on Wednesday, reflecting broader market movements and investor sentiment.
Gold prices maintained strength near a two-week peak, supported by speculation regarding US-Iran diplomatic efforts and a softer US dollar.
Gold prices in the Philippines saw an increase on Wednesday, reflecting broader movements observed in international precious metal markets.
The United Kingdom's Consumer Price Index for June is scheduled for release, with analysts generally forecasting a modest decline in annual
Gold prices advanced to a two-week high, while the Japanese Yen extended its decline against the US Dollar.
Gold prices recently ascended to a two-week peak, influenced by diplomatic signals, a stable Federal Reserve outlook, and sustained central
A new 30-year US-Saudi nuclear cooperation deal, including an enrichment option, could reshape regional power dynamics and energy markets.
The Canadian Dollar strengthened against the US Dollar on Wednesday, with USD/CAD pulling back from recent highs amid rising crude oil price
Gold prices have rebounded, with analysts noting central bank demand, particularly from China, as a key underlying support.
Japan's June trade data revealed stronger-than-anticipated export growth, with significant increases across major global regions.
Gold (XAU/USD) prices rose during Wednesday's early Asian trading, driven by increased safe-haven demand.
Recent Houthi threats have compelled Saudi crude tankers to alter their routes in the Red Sea, impacting global oil supply dynamics.
The USD/JPY currency pair advanced to a four-decade peak, driven by strength in global equities, bond yields, and crude oil.