Gold Holds Steady Ahead of CPI; Hormuz and Interest Rates Key Factors
Gold prices remained relatively stable during Wednesday morning trading after pulling back from a two-month high in the previous session.…
Hang Seng Drops 1% as Investors Await US CPI
The Hang Seng Index fell approximately 1%, or 259 points, to 25,390 during Wednesday’s trading (August 12). Pressure stemmed from…
Oil Rises for Six Days; US CPI in Market Focus
Oil prices strengthened again during Wednesday’s trading (August 12) amidst uncertainty regarding the progress of US-Iran negotiations. Brent crude rose…
Gold Breaches US$4,400; CPI Looms as Major Test
Gold prices continued to rise during Tuesday’s trading (August 11), briefly breaching US$4,400 per troy ounce. Spot gold hovered around…
Yen Weakens Again as Intervention Effect Fades
The Japanese yen weakened past the 159-per-US-dollar mark during Tuesday’s trading (August 11). This decline erased roughly half of the…
Hormuz Situation Unclear; Oil Prices Remain Elevated
Oil prices held firm during Tuesday’s trading (August 11) as hopes for a deal to reopen the Strait of Hormuz…
European Markets Stalled; Hormuz Concerns Resurface
European stock markets traded flat on Monday (August 10) following strong gains last week. The Stoxx Europe 600 index held…
Oil Prices Hold Firm; Hormuz Remains Key
Oil prices maintained their gains during Monday’s trading (Aug 10) as Iran and Oman have yet to reach a final…
Dollar Recovers Slightly, CPI Becomes the Next Focus
The U.S. Dollar edged higher on Monday after previously falling to its lowest level in seven weeks. The Dollar Index…
Hang Seng Rebounds, WuXi Biologics Surges
The Hang Seng Index rose 0.5% to 25,668 during Friday’s trading session, rebounding after a previous 1.5% decline. Forty-four of…