HSBC raises its average gold price forecasts
Investing.com — HSBC on Tuesday lifted its average gold price forecasts, a move driven by a combination of geopolitical risks, expectations of continued monetary easing, and fiscal imbalances. The bank…
China is oversupplying lithium to eliminate rivals, US official says
By Sergio Goncalves LISBON (Reuters) – Chinese lithium producers are flooding the global market with the critical metal and causing a “predatory” price drop as they seek to eliminate competing…
Oil rally pauses as investors await Israeli response
By Arunima Kumar LONDON (Reuters) -A rally in oil prices took a break on Tuesday as the market waits for Israel’s response to last week’s Iranian rocket attacks that triggered…
Morning Bid: Stocks stall, Hang Seng decimated, oil ebbs
A look at the day ahead in U.S. and global markets from Mike Dolan World markets painted a messy picture on Tuesday, with recently pumped-up crude oil prices retreating sharply…
Preparing for Market Shifts: Key Trends and Strategies
Financial markets are presenting both opportunities and challenges across various sectors. Drawing from the latest insights, traders and investors should brace for strategic shifts in key areas. Hereβs a look…
Gold Retreats as Hopes for Big Fed Cut Fade. Forecast as of 08.10.2024
The availability of inexpensive liquidity from the Fed and other central banks has influenced the perception of gold as an investment vehicle. Previously, gold was purchased as a means of…
Dollar eases from 7-week highs as traders weigh Fed rate path
By Ankur Banerjee and Medha Singh SINGAPORE/LONDON (Reuters) -The dollar eased from near seven-week highs against major currencies on Tuesday after investors assessed the outlook for U.S. rate cuts, even…
Dollar back to square one after payrolls – UBS
Investing.com – The US dollar received a boost from the release of Fridayβs stronger-than-expected nonfarm payrolls, but UBS sees this just moving the US currency back to square one. βLast…
Preparing for Quarter 3 2024: Key Market Trends and Strategies
As we approach the third quarter of 2024, financial markets are presenting both opportunities and challenges across various sectors. Based on insights from the Quarterly Intelligence Report Quarter 2 of…
Dollar retreats from highs; euro helped by German data
Investing.com – The U.S. dollar edged lower Tuesday, but remained near seven-week highs as traders mulled the outlook for Fed monetary policy in the wake of last weekβs strong jobs…
