Markets
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XAG/USD weakens to $66.50, bears retain control below 100-day SMA
Silver attracts fresh sellers on Tuesday and stalls the overnight solid rebound from the $61.00 mark. The broader technical setup…
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Pound Sterling weakens as Middle East tensions escalate
GBP/USD depreciates amid rising Middle East conflict. Gulf states are near direct involvement in the Iran conflict, with Saudi Arabia…
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Gold seems vulnerable as war-driven inflation fears bolster hawkish central bank bets
Gold attracts sellers for the tenth straight day amid hawkish stances from major central banks. The Iran war fuels inflation…
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IEA Chief Birol: Situation in Middle East is severe
The International Energy Agency (IEA) Chief Fatih Birol said on Monday that he is discussing with governments across globe, if…
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WTI hovers around 98.00 due to persistent Middle East supply concerns
WTI stays elevated as ongoing Middle East tensions fuel supply concerns. Trump gave Iran 48 hours to reopen Hormuz or…
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Asian stock markets face bloodbath as Iran threatens indefinite Hormuz closure
Asian stock markets bleed at the start of the week amid escalating Middle East conflicts. Iran vows indefinite Hormuz closure…
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Gold remains heavily offered, eyes YTD low amid hawkish central banks
Gold prolongs its downtrend for the fourth day and drops back closer to the YTD low on Monday. Major central…
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US Futures Slip on Mideast Uncertainties
US stock futures edged lower on Monday as the US-Israeli war with Iran showed no signs of easing, keeping markets…
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Australian Shares Slump to 10-Month Low
The S&P/ASX 200 fell 1.7% to 8,285 on Monday, extending losses from the previous week and hitting its lowest level…
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Dollar Holds Firm on Haven Demand
The dollar index traded above 99.5 on Monday, holding gains from the previous session as rising tensions in the Middle…
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