Gold prices (XAU/USD) continue to trade with a negative bias for the third consecutive day. However, the downside momentum remains limited, with prices moving within a broader range established in the previous session during Tuesday’s European trading hours. Market sentiment is being influenced by fading hopes of a last-minute agreement
West Texas Intermediate (WTI) crude ended its four-day rally, hovering near $99.60 per barrel during Tuesday’s Asian session. Oil prices softened amid rising expectations that US President Donald Trump could move to de-escalate the Iran conflict, reducing fears of extended supply disruptions. A report from The Wall Street Journal suggested
The Australian Dollar (AUD) is trading slightly higher against the US Dollar (USD), hovering near the 0.6900 level during Friday’s late European session. This modest gain comes even as overall market sentiment remains cautious due to ongoing uncertainty around the Middle East situation. At the time of writing, S&P 500
The United Kingdom’s Consumer Price Index (CPI) rose 3.0% year-on-year in February, unchanged from January, according to data released by the Office for National Statistics (ONS) on Wednesday. The figure came in line with market expectations and remains above the Bank of England’s 2.0% target. Core inflation, which excludes food
Gold (XAU/USD) recovered a large portion of its intraday decline and moved closer to the $4,400 level during Tuesday’s European session. However, the overall recovery still looks weak. Ongoing tensions involving Iran continue to raise inflation concerns, reducing expectations for interest rate cuts. This situation creates pressure on gold, which
WTI crude oil prices declined sharply on Monday, trading near $92.20 at the time of writing, down more than 5% on the day. Prices dropped from around $100 to an intraday low near $84, marking the weakest level in over a week as tensions in the Middle East showed signs