The US Dollar strengthens as trade talks between the US and China progress.Chinese copper production expands as domestic supply meets demand.The PBoC continues to reduce its Gold purchases amid rising prices.The Fed is expected to hold rates steady … [Continue reading]
Brent Crude Oil surges on US–China agreement and easing recession fears
Brent Crude trades above $65 per barrel, gaining over 2% in Monday’s sessionUS–China 90-day tariff suspension underpins risk-on sentimentMarket focus shifts to Tuesday’s US CPI and inventory data for further directional cuesBrent Crude Oil has … [Continue reading]
Copper jumps on trade optimism – ING
Copper and other industrial metals rose this morning, with easing trade tensions giving metals markets a boost. At a briefing following the talks, US Treasury Secretary Scott Bessent said neither nation wanted their economies to decouple. This marks … [Continue reading]
Forex Today: Gold drops as risk flows dominate markets to start week
Here is what you need to know on Monday, May 19:News of US and China making substantial progress in trade talks this past weekend lifts the risk sentiment on Monday. In the absence of high-tier macroeconomic data releases, investors will scrutinize … [Continue reading]
NZD/USD attracts some buyers above 0.5900 on US-China trade optimism
NZD/USD drifts higher to around 0.5925 in Monday’s Asian session, adding 0.26% on the day. Improved risk sentiment supports the New Zealand Dollar.Fed officials highlighted the economic uncertainty and trade policy risks.The NZD/USD pair gains … [Continue reading]
China Producer Price Index (YoY) below forecasts (-2.6%) in April: Actual (-2.7%)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China Consumer Price Index (YoY) meets forecasts (-0.1%) in April
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China Consumer Price Index (MoM) up to 0.1% in April from previous -0.4%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
AUD/NZD Price Analysis: Aussie holds near 1.0800 as bullish signals persist
AUD/NZD trades near the 1.0800 zone after modest gains in Friday’s session.Short-term indicators favor buyers, despite mixed longer-term signals.Key support levels hold below, while resistance aligns near recent highs.The AUD/NZD pair edged higher on … [Continue reading]
USD/JPY struggles as US Dollar Softens Ahead of Key Trade Talks
USD/JPY trades near 145.00 after failing to hold gains above 146.20, pressured by a softer US Dollar and mixed US data.Japan’s March Overall Household Spending rose 2.10% y/y, beating expectations, while US stagflation risks linger as Fed officials … [Continue reading]