ICYMI – 30 April 2024 – Monday marked a modest retreat in gold prices, with the commodity trading lower as market participants hold their breath for major upcoming economic indicators. The trading community is treading lightly, preferring to wait on …
30th April 2024 Chicago wheat futures continued to decline on Tuesday, dropping 0.4% to $6.06 a bushel by 0034 GMT. This move follows a significant 2% decrease on Monday, moving away from last week’s four-month high of $6.33-1/2 a bushel, …
29th April 2024 – Following recent inflation data in the United States, which indicated that immediate interest rate cuts are unlikely, currencies in Asian emerging markets experienced subdued activity. The Indonesian rupiah depreciated by 0.3% against the U.S. dollar, while …
In a dramatic turn of events in Asian markets on Monday, the Japanese yen recorded a surge against the dollar, appreciating by 5 yen, with traders attributing this sharp recovery to heavy dollar-selling by Japanese banks. This intervention seemed to …
The Indian rupee closed lower against the U.S. dollar on Monday, settling at 83.41, down from its previous session’s close of 83.34. SEE: USD makes significant gains against INR on VT Markets trading app. Factors such as increased dollar purchases by …
Australian shares climbed on Monday, driven by gains in financial and healthcare sectors. The S&P/ASX 200 index saw an uplift of 0.8%, marking its best performance since April 22, closing at 7,637.4 points. SEE: ASX sees upswing, closing at 7651.75 …
Looking at today, 29th April 2024, oil prices moved downward in early Asian trading on Monday. Brent crude futures saw a reduction of 75 cents, or 0.84%, landing at $88.75 a barrel, while West Texas Intermediate futures fell 65 cents, …
Last week, global financial markets saw a variety of movements, with US equity markets climbing thanks to strong earnings from tech giants like Tesla, Microsoft, and Alphabet. These gains helped offset concerns from the US’s lower-than-expected GDP growth for the …
Gold prices saw a modest increase on Friday, with spot gold climbing 0.3% to $2,339.32 per ounce by 0640 GMT, and U.S. gold futures also rising 0.4% to $2,351.20. This slight uptick comes as markets anticipate the release of key …
Copper prices have been inching closer to the $10,000 per metric ton mark, reflecting a broader uptrend among base metals driven by increasing investment flows. On the London Metal Exchange (LME), the price for three-month copper reached $9,965.50 per ton, …
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