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...
Gold Ends -Eigh Wteek Winning Streak, Hits New Low Near $2,833/Oz
Written by Linh Tran, Market Analyst at XS.com
Gold ended last week down near $2,858 per ounce as economic data indicated a complex inflation situation and the strength of the U.S. dollar was reinforced by market expectations that the Fed would maintain its hawkish stance.
Last Friday, gold officially ended an eight-week winning streak. On the same...
Oil is stable at the Chinese market holiday and anticipation of escalating events in the Middle East
Today's market analysis on behalf of Samer Hasn Market Analyst and part of the Research Team at XS.com
Oil markets are witnessing quiet trading at...
Bitcoin at 46,000 for the first time again since the launch of spot ETFs as sentiment returns
crypto analysis on behalf of Samer Hasn Market Analyst and part of the Research Team at XS.com
The gains of cryptocurrencies, which have been...
Euro falls violently as the US labor market
Today's market analysis on behalf of Samer Hasn Market Analyst and part of the Research Team at XS.com
The euro fell sharply today after 1:30 p.m. GMT, after reversing its gains into losses...
Cryptocurrencies consolidate after a worse than expected week of performance
Today's Crypto analysis on behalf of Samer Hasn Market Analyst and part of the Research Team at XS.com
Cryptocurrencies are trying to consolidate today after the bad performance they recorded throughout the...
