Tag: Global Data

Crude Stabilizes, Tariff Uncertainties Weigh On Sentiment Market comments on behalf of Terence Hove Financial Markets Strategist Consultant to Exness Crude oil futures are attempting to stabilize after four consecutive sessions of decline, with slight gains observed in prices. Optimism emerged as the U.S. exempted automakers from tariffs and discussions surfaced about potentially removing the 10% tariff on Canadian energy imports. This could provide some support to the oil...

Commodities market comment Today’s market analysis on behalf of Ahmad Assiri Research Strategist at Pepperstone Gold Amidst the shifting sands of global trades, gold continues to shine as a pivotal hedge against the turbulence wrought by tariff policies and trade war. With the rollout of tariffs on imports from Canada and Mexico, coupled with ramped-up duties on China, there has been a noticeable surge in gold buying. This...