US Nonfarm payrolls surge in March, unemployment drops
Key report from the US labor sector, released on Friday, showed much stronger than expected job growth, with nonfarm payrolls rising to 186K, following downwardly revised February figure (-129K from -86K) and more than…
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Gold extends recovery rally as brighter geopolitical picture deflates dollar
Gold remains in green for the fourth consecutive day and rose to the highest levels since Mar 19 in early Tuesday trading, in extension of Monday’s strong acceleration (gold was up nearly 3.5% for the day, in the biggest daily gain since…
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Eurozone inflation surges in March, fuelled by sharp rise in oil prices
Eurozone inflation jumped to 2.5% in March (the biggest monthly increase since late 2022) from 1.9% previous month, slightly below 2.6% consensus, as surge in energy prices of nearly 5%, started to bite, although lower than expected core…
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Dollar extends gains as fading ceasefire prospects fuel risk aversion
The dollar kept firm tone and rose further against its major counterparts on Thursday, following rise in oil prices (Brent bounces back above $100) that sparked fresh wave of risk aversion and fueled demand for safe-haven greenback.…
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Oil price rises after Iran described Trump’s peace talks as fake news
WTI oil price rose above $90 per barrel on Tuesday after sharp Monday’s drop (around 10%) to $84.50 (the lowest since Mar 11) after President Trump announced a peace deal with Iran and postponed US military action towards Iranian energy…
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Gold bounces from new 2026 low on profit-taking / reaction on Trump’s comments
Gold hit the lowest this year ($4100) after falling nearly 8% in the Asian session on Monday.
Persisting negative sentiment, which drove the price for 10% drop last week (the biggest weekly loss in decades) was additionally boosted by…
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Most of world major central banks kept rates unchanged but signalled readiness to tighten their…
Six major central banks have already released their monetary policy decisions this week, with only Reserve Bank of Australia delivering 25 basis points rate hike.
The RBA raised interest rates by 25 basis points to 4.1% amid growing…
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Gold price falls to the lowest since early Feb, as markets expect more hawkish stance from Fed
Gold fell sharply on Wednesday (down 3.4% until early US session) signaling continuation of the downtrend from $5419 (Mar 2 high) after bears paused for two consecutive days (the action was shaped in two tight daily Doji candles),…
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WTI OIL – $100 comes in focus again after multiple downside rejection as fears of stronger…
WTI oil price dipped on Wednesday after news that Iraq resumed oil exports via pipeline to Turkey’s East Mediterranean port, temporarily changed the sentiment (oil was up around 2% on Tuesday.
Optimism over the latest measures (Iraq…
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Gold continues to pressure strong $5000 support
Gold price remains at the back foot on Tuesday and continues to pressure key $5000 support zone (recent range floor / psychological / top of thin ascending daily cloud) after Monday’s attack failed to register sustained break lower.…
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