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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
Singapore Dollar: Labour slack limits MAS tightening risk – UOB
UOB’s Jester Koh assesses Singapore’s soft labour market and its implications for Monetary Authority of Singapore policy. The Labour Market Pressure Index shows rising slack, which UOB links to weaker ...
Gold price retraces as Fed hawks keep the US Dollar bid
Gold price retreats on Monday, down over 0.6% following last week’s Federal Reserve (Fed) interest rate hike. That 25 bps hike initially pushed US bond yields higher, but the US Dollar Index (DXY) has ...
WTI Oil extends losing streak as resilient Saudi exports outweigh Middle East risk premium
West Texas Intermediate (WTI) US Oil extends its decline for the fourth consecutive day on Monday, trading around $91.90 per barrel at the time of writing, down 3.54% on the day.
Colombia Trade Balance declined to $-2797.8M in July from previous $-2.161M
SPX do or die [Video]
SPX: Do or Die. Dale discusses the significance of SPX 7700 and compares the relative weakness of IWM and the Dow. He also shares levels in AUDUSD where he would be a seller.
US Dollar: Oil-driven support as Fed seen hiking – ING
ING strategist Francesco Pesole notes the Dollar remains supported as ING now expects the Fed to deliver one final rate hike in December. Despite near-term upside risks for the Dollar, ING keeps a gra ...
Silver’s rare net-long commercial signal shows why COT extremes can reveal what price alone misses
In nearly two decades of working with Commitments of Traders data, one of the clearest precious-metals signals I have seen came from silver in 2018.
EUR/USD Price Forecasts: Bears remain in control with 1.1450 support eyed
The Euro (EUR) is consolidating last week’s decline against the US Dollar (USD) on Monday, with price action capped below 1.1500 and the seven-week low in the mid 1.1400s still on the bears’ radar.
Pound Sterling Price News and Forecast: GBP sticks to losses vs firmer USD
The GBP/USD pair struggles to capitalize on Friday's goodish rebound from the 1.1335 area, or its lowest level since July 30, and attracts fresh sellers at the start of a new week.
New Zealand Dollar wavers near two-month lows despite a brighter market mood
The New Zealand Dollar (NZD) languishes just above two-and-a-half-month lows against the US Dollar (USD), despite a somewhat brighter market mood, as a sustained reversal in Oil prices has eased risk ...
Gold starts week on the back foot as US Dollar holds firm, Oil decline limits losses
Gold (XAU/USD) starts the week on a bearish note, snapping a two-day winning streak as expectations of additional Federal Reserve (Fed) rate hikes and a firmer US Dollar (USD) limit the upside. At the ...
Gold Price Forecast: Struggles to hold above 20-day EMA
Gold price (XAU/USD) is down 0.61% to near $4,350 during the European trading session on Monday. The yellow metal is under pressure as the US Dollar (USD) remains broadly firm amid solid expectations ...