DXY Weakens & Fed Cut Expectations Pressure Dollar
The US Dollar Index (DXY) weakened to 97.85 in early Asia, hovering below 98.00 as the US government shutdown extended…
OPEC+ Sights Sight, Oil Slumps
Oil prices are on track for their biggest weekly decline since late June ahead of the weekend OPEC+ meeting, which…
Green Asia: AI Euphoria Lifts Markets
Asian stocks opened higher, mirroring Wall Street’s record-breaking rally, fueled by optimism about artificial intelligence. In Japan, markets opened higher,…
Data Blackout, Gold Remains Shiny
Gold prices are poised for a seventh weekly gain, with the US government shutdown adding another layer of uncertainty for…
Shutdown Heats Up: Funds Blocked, Employees Threatened
The Trump administration has escalated its actions during the federal shutdown by blaming Democrats for potential layoffs and withholding funding…
Asian Stocks Rise, Chips Lead; Markets Remain Calm in the Face of US Shutdown
Asian markets opened higher, following a global rally that pushed world indexes to new records, despite the US entering its…
Safe-Haven On: Gold Maintains Record Trend
Gold prices held steady around $3,859–$3,860/oz, just about $35 below Wednesday’s record, after a five-day rally. The onset of the…
Asian Currencies Weaken, Markets Wary of US Shutdown
Asian currency exchange rates tended to weaken slightly against the US dollar in early Asian trading today. This weakening was…
Oil Prices Slow, Market Awaits OPEC+ Action & US Shutdown Drama
Oil prices are stabilizing after two consecutive days of decline. Brent for December contracts is hovering around $66 per barrel,…
Gold Nears Sky High! US Shutdown a Trigger
Gold prices continue to rise and are now approaching a record high, amid concerns about a possible government shutdown in…