Gold prices remain flat, with markets closely watching upcoming U.S. nonfarm payroll data and its potential impact on Federal Reserve rate decisions. Other precious metals, including silver and platinum, show mixed performance as geopolitical tensions and economic indicators drive cautious …
The Indian rupee is expected to open near 83.92-83.94, pressured by a stronger U.S. dollar driven by robust jobs data and reduced expectations for a large Fed rate cut. Rising oil prices due to Middle East tensions add further downside …
Nvidia’s gains lifted the tech sector, but Tesla’s drop and Middle East tensions kept the S&P 500 flat as traders remained cautious. Focus now shifts to Friday’s U.S. non-farm payroll report, which could influence the Federal Reserve’s next interest rate …
The Australian dollar surged 2% overnight to reach 101.25 yen, breaking through the 100.00 resistance barrier. This surge came as Japan’s newly appointed Prime Minister, Shigeru Ishiba, signalled opposition to further interest rate hikes, a shift in stance from his …
Gold prices remained steady at $2,659.05 per ounce on Thursday, as traders focused on growing turmoil in the Middle East and awaited key U.S. economic data that could influence interest rate expectations. -vtmarkets.com
The U.S. dollar climbed to a one-month high against the yen, supported by robust job numbers, while the yen weakened after Japan signalled no urgency for rate hikes. Meanwhile, the euro remains under pressure amid geopolitical tensions and expectations of …
The CNN Money Fear and Greed Index shows a drop in market sentiment, while U.S. stocks fell as Middle East concerns weighed on markets. Tech giants like Tesla and Apple declined, with energy stocks offering a rare bright spot. – …
The New Zealand dollar (Symbol: NZDUSD) has regained some ground, edging closer to $0.63, after sharp declines on Monday. The fall, a result of heightened risks stemming from Iran’s missile attacks on Israel, spooked traders globally. -vtmarkets.com
Fears of escalating conflict in the Middle East weighed heavily on Asian stocks, while safe-haven assets like gold and the dollar saw increased demand. Crude oil prices also climbed on supply disruption concerns. – vtmarkets.com
The Australian dollar (Symbol: AUDUSD) found strong demand as its retail sales figures for August 2024 exceeded forecasts, providing support to the currency amid a global backdrop of cautious sentiment. -vtmarkets.com
Official partners:
