Crude Oil

The State of Europe’s Economy: Key Insights from the Latest Data
Market News

The State of Europe’s Economy: Key Insights from the Latest Data

The RBA maintained the cash rate at 4.35%, citing persistent inflation. The Australian dollar fluctuated sharply during the announcement.

Market Focus: Dollar Gains, Oil Prices Slide, and Euro Under Pressure
Market News

Market Focus: Dollar Gains, Oil Prices Slide, and Euro Under Pressure

The U.S. dollar rose towards 104.70, while WTI crude oil faced selling pressure, nearing $76.50 per barrel.

Dollar Steady; Gold and Oil Prices Face Challenges: Market Focus
Market News

Dollar Steady; Gold and Oil Prices Face Challenges: Market Focus

Quiet start to the week with no major news. DXY steadying around 104.30, gold above $2,400, oil climbing slightly.

The Dollar Up, Gold Vulnerable as Asia Session Opens
Market News

The Dollar Up, Gold Vulnerable as Asia Session Opens

​​In the aftermath of Philip Jefferson's speech, markets brace for potential shifts in currencies and commodities.

currency commodity trends
Market News

Market Watch: Currency and Commodity Trends in Asia

In the Asia session, traders anticipate data releases and market sentiment to drive movements across currency pairs and commodities.

Dollar weakens Euro inflation data
Market News

Dollar Weakens in Asia Session and Euro Faces Inflation Data

In the Asia session, the dollar weakened, gold dipped, and crude oil faced pressure, setting the tone for Europe.

China GDP
Market News

China Surpasses GDP Expectations: Economic Growth Hits 5.3%

China's GDP exceeded expectations at 5.3% YoY, but industrial and retail figures fell short, impacting global markets' sentiments.

Oil Caixin Services PMI
Market News

Oil Market Buoyed by Strong Caixin Services PMI Performance

The Caixin Services PMI indicates strong economic growth in China, likely sustaining higher demand for crude oil.

Central Bank Decisions
Market News

Central Banks in Focus: Market Reaction to Policy Decisions

China's Manufacturing PMI boosts crude oil prices, while investors await US ISM Manufacturing data for further market direction.

Dollar Index Gold Prices
Market News

Fed Watch: Dollar Index Hovers, Gold Prices Await Monetary Clues

Market activity remained subdued, with the dollar index under 104 and gold prices struggling around $2,160/oz.

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