Dow futures tick lower, Disney up 2.9% after earnings
As investors keenly watched a series of speeches by the Federal Reserve, US stock futures saw a mixed session among major benchmark averages during Wednesday’s...
Trading Analysis
Since the start of the Israel-Hamas conflict, oil price has lost ground
On Tuesday, oil prices fell to their lowest level in more than three months, erasing all gains achieved since Hamas attacked Israel on October 7,...
Oil prices ease as mixed China trade data offset supply cuts
Tuesday saw an ease in oil prices, giving up most of the gains made on Monday, as concerns about winter demand and conflicting economic data...
Asia FX sinks on Fed, China woes; Aussie slides after RBA
The Federal Reserve’s warning and indications of further economic challenges for China caused most Asian currencies to weaken on Tuesday. The Australian dollar also declined...
GBP/USD forecast: The BoE’s hawkish pause is not a game changer.
The GBP/USD was keeping firm near the 1.22 level ahead of the Bank of England’s rate decision, benefiting slightly from the dollar’s lower reaction to...
Dollar eases as traders bet Fed done with rate hikes
As traders bet that the U.S. Federal Reserve was probably done raising interest rates, the dollar continued to weaken against a basket of currencies on...
Oil rises slightly as supply concerns offset weak China data
Following a more than 3% decline the previous session, oil prices increased in Asian trade on Tuesday as concerns about supply stoked by Middle East...
The Australian Dollar extends its winning streak despite higher retail sales
The Australian Dollar (AUD) extends its winning streak for the third consecutive session, having recovered from yearlong lows on Monday. The AUD/USD pair continues to...
A Slowdown Should Worry Silver
The next strong gust in the recessionary air could tip silver over the precipice. Although the Middle East war has boosted silver, history demonstrates that...