Energies
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04 July 2022 – Gold Jumps Above $1,800 Ahead To a Volatile Week
market news summary U.S. Dollar Index (USDX) The dollar kept trade-sensitive currencies pinned near multi-year lows on Monday and the euro was under pressure as investors sought safety due to worries about slowing global growth. The U.S. dollar index stood at 105.100, not far below last month’s two-decade high of 105.790. The Atlanta Federal Reserve’sContinue Reading
03 July 2022 – The NFP Week
The past week was full of speeches and the market responded in a mixed fashion. However, the figures waited for the upcoming week will highlight if the global market will be in serious recession of just some rough time. Furthermore, Bank of England, European Central Bank, and Federal Reserve all took part in a jointContinue Reading
01 July 2022 – Gold Falls Despite Recession Worries
market news summary U.S. Dollar Index (USDX) The dollar index slid 0.32% overnight after the spending data, only to rally on Friday as that same data drove declines in Asian equities. Additionally, the dollar index is on track for a 0.75% gain, which would be its best week in four. The Fed has lifted theContinue Reading
30 June 2022 – Central Bankers Warned That Inflation Might Last
market news summary U.S. Dollar Index (USDX) The dollar was down on Thursday morning in Asia, after central bank chiefs signaled a resolution to bring down inflation. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.06% to 105.04. U.S. Federal Reserve Chair Jerome Powell and his EuropeanContinue Reading
29 June 2022 – Gold is Stuck Between Inflation and Recession
market news summary U.S. Dollar Index (USDX) The Dollar Index was up 0.01% to 104.51 this morning in Asia, with investors considering the risk of a recession caused by major central banks’ interest rate hikes. Additionally, inflation worries are still on investors’ radar as U.S. conference board (CB) consumer confidence fell to a 16-month lowContinue Reading
