CRUDE OIL rises on fresh geopolitical escalation, supply concerns
Brent rose further on Wednesday, following quick recovery after spike to $97.07 on Tuesday, reflecting fresh uncertainty in energy market after short-lived relief.
New clashes in Yemen, Ukraine’s attack on Russian oil refineries and Iran…
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USDJPY – MA death cross and falling daily cloud produce headwinds to recovery attempts
USDJPY remains constructive and moved to the upper side of four-day congestion but continues to face headwinds from fading bullish momentum and freshly formed 55/200DMA death cross (strong resistance zone at 158.33/92 provided by falling…
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GOLD – larger bears remain in play while bear-trendline caps
Gold ticked higher on Monday, enjoying slight support from fading expectations for Fed rate hike in October, though attempts to recover Friday’s post-NFP losses were so far limited.
The price remains on the lower side of…
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EURUSD falls further on worsening fundamentals, psychological 1.10 support coming in focus
Euro slipped to the new multi-month low in early Monday trading, as sentiment was soured further by growing concerns about deepening debt crisis in the bloc, after sharp sell-off of French government bonds added to fears that EU’s…
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BRENT price slips below $100
Brent price fell below $100 on Friday, reversing the large part of Thursday’s 5.5% rally, as sentiment continues to change on daily basis.
Initial fears of longer supply disruption on signs of fresh escalation of US-Iran conflict were…
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US nonfarm payrolls fall sharply in August, unemployment rises
The US Labor Department’s closely watched employment report showed that nonfarm payrolls increased by 29,000 jobs in September compared to downwardly revised rise by 133,000 in August (from initially reported 162,000) and strongly undershot…
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Dollar index hits new 2026 high
The dollar index continues to benefit from several key factors – growing expectations for more hawkish Fed, as rising oil prices fuel inflation, strong risk aversion environment that boosts its safe-haven appeal and sharp selloff in bond…
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EURUSD falls to 17-month low
Bears accelerated on Thursday, extending larger downtrend to the lowest since late May 2025, pressured by a cocktail of factors, such as negative impact from rising oil prices on inflation and already weakened bloc’s economy, political…
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Oil price rises on renewed concerns about failure of US-Iran talks but remains below psychological…
Brent oil price bounced from 3 ½ week low on Wednesday on renewed worries of stall of US-Iran talks which offsets positive news of recovering supplies from the Middle East (Goldman Sachs latest report says that oil exports doubled in…
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Reserve Bank of Australia raises rates by 0.25% as inflationary pressures increase
Reserve Bank of Australia raised its interest rates by 25 basis points to 4.60%, in reaction to growing inflationary risks, following hotter than expected inflation readings in July and strong rise in oil prices and signaled readiness for…
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