Market News

The crude oil price has maintained overnight gains despite a tough day for risk assets after Fitch downgraded US sovereign debt saw equity markets retreat lower. Higher WTI?...

EUR appears to be slightly supported after Fitch downgraded US ratings. Still, monetary policy and growth differentials suggest the single currency is unlikely to benefit much. What is the outlook for EUR/USD, EUR/NZD, and EUR/AUD?...

The gold price is in the middle of its recent range near US$ 1,950 going Wednesday after a US Dollar rally before Fitch downgraded US sovereign debt. It may trigger some volatility. Where to for XAU/USD?...

The US Dollar and Dow Jones took a plunge after Fitch downgraded the US credit rating amid fiscal deficits and an aging population. Will these moves be sustained?...

Earnings from tech mega-caps Apple and Amazon, as well as the U.S. jobs report for July, could grab the spotlight and determine the trading bias of the S&P 500 in the coming days....

U.S. Treasury yields rise across the curve, boosting the dollar against its major peers. Meanwhile, USD/JPY extends its advance, inching closer to regaining the 2023 high....

Buoyant crude oil prices persist as high impact US and OPEC+ risk events dominate headlines this week....

Gold and silver remain trapped in short-term trading zones as holiday-thinned markets wait for the latest US Jobs Report...

Germany leads the EU manufacturing sector into a downward spiral with another terrible print for July. Euro selling continues apart form EUR/JPY after the false breakout...

The tech-focused Nasdaq 100 and the S&P 500 continue to make gains, while the Hang Seng’s surge has faltered for the time being....