Oil Rallies 30%, Supply Risks Explode
Oil prices continued their rally on Wednesday (July 22nd) after the United States and Iran both dismissed the prospect of…
NetEase and Tencent Weigh on Hang Seng
The Hang Seng Index weakened again for a second day in Hong Kong trading on Wednesday (July 22nd). The index…
Euro Holds Above US$1.14, Markets Await ECB Decision
The euro held steady just above US$1.14 against the US dollar. Market participants are now shifting their focus to the…
Nikkei Jumps 3.29%, Japanese Chip Stocks Lead Gains
Japanese stocks closed sharply higher on Tuesday (July 21st), driven by gains in the property, banking, and textile sectors. The…
Oil Falls, Hormuz Remains Vulnerable
Oil prices weakened after rising nearly 6% in the previous two sessions. Brent fell below US$89 per barrel, while West…
Solid Labor, Dollar Returns in Strength
The US Dollar Index strengthened in Thursday’s trading, supported by more solid than expected United States employment data. DXY rose…
Iran War Heats Up Oil Prices!
Oil prices are headed for their biggest weekly gain since April as the escalating conflict between the United States and…
Gold Breaks US$4,000, The Fed Becomes a Burden
The price of gold remained below the level of US$4,000 per troy ounce in trading Friday (17/7) and is on…
Euro Rises Slightly, Dollar Awaits CPI
The euro strengthened slightly against the US dollar in European trading on Tuesday (July 14th). EUR/USD rose to around 1.1395,…
Dollar Corrects Ahead of CPI Data and Warsh Testimony
The US dollar weakened slightly but remained near a 13-month high in trading on Tuesday (July 14), ahead of the…