May 19, 2025 8:51 am
Spot Silver surged on Monday, reversing a loss from Friday, supported by a softer US Dollar amid renewed trade tensions. US Treasury Secretary Scott Bessent said over the weekend President Donald Trump would impose tariffs at the rate he pledged in April on trading partners, who do not negotiate in “good faith”. A softer US […]
Read moreMay 19, 2025 7:46 am
Key Moments: Brent crude futures fell 56 cents to $64.85 on Monday. WTI oil also dropped, falling 0.89% to $61.42. Moody’s downgraded the United States’ creditworthiness due to rising national debt China’s factory output growth fell last month, as did the climb in retail sales. The former stood at 6.1%, while the latter dropped to […]
Read moreMay 19, 2025 7:12 am
Spot Gold rose on Monday, reversing a loss from Friday, on the back of a softer US Dollar amid renewed trade tensions. US Treasury Secretary Scott Bessent said over the weekend President Donald Trump would impose tariffs at the rate he pledged in April on trading partners, who do not negotiate in “good faith”. A […]
Read moreMay 16, 2025 10:18 am
Key Moments: Dutch TTF rose 0,75% to €35.56 on Friday. Gas demand for power generation jumped 173 GWh/day on expectations of weaker wind output. Peace talks between Russia and Ukraine in Istanbul attracted market attention. Stability Defines Friday Gas Trade European wholesale gas prices remained in a tight trading band on Friday morning, supported by […]
Read moreMay 16, 2025 8:49 am
Key Moments: West Texas Intermediate (WTI) futures hit $60.90 on Friday. Brent futures contracts slipped below the $65 mark. Crude oil prices are still on course to climb in terms of their weekly performance amid support by the US-China trade agreement that helped ease demand concerns. Trade Progress Supports Crude WTI crude oil futures fell […]
Read moreMay 16, 2025 8:00 am
Spot Gold retreated on Friday and looked set to register its largest weekly loss since early November 2024, as the US Dollar headed for its fourth straight week of gains and as fading global trade tensions weighed on the safe-haven allure of the metal. The US and China agreed this week to temporarily lower harsh […]
Read moreMay 15, 2025 9:08 am
Key Moments: WTI crude futures declined approximately 4% on Thursday. US crude inventories rose by a further 3.5 million barrels last week. President Trump reportedly conveyed his optimism regarding the forging of an agreement with Iran and claimed that Iranian officials have accepted the terms. Crude Futures Hit by Fears of Oversupply Thursday witnessed West […]
Read moreMay 15, 2025 9:07 am
Spot Silver registered a fresh 1-month low of $31.65 on Thursday, as easing US-China trade tensions weighed on safe-haven demand. During high-profile trade talks in Switzerland over the past weekend, the US and China agreed to significantly lower tariffs, which alleviated global trade anxiety. US tariffs on Chinese imports will be reduced from 145% to […]
Read moreMay 15, 2025 6:56 am
Spot Gold extended losses, while plumbing a fresh 5-week low of $3,120.76 on Thursday, as easing US-China trade tensions weighed on the safe-haven allure of the metal. During high-profile trade talks in Switzerland over the past weekend, the US and China agreed to significantly lower tariffs, which alleviated global trade anxiety. US tariffs on Chinese […]
Read moreMay 14, 2025 7:14 am
Spot Gold retreated on Wednesday, while erasing the gains from the prior trading day, as easing US-China trade tensions reduced the safe-haven appeal of the metal. According to a White House executive order, the US will reduce the “de minimus” tariff for low-value shipments from China to 30%. US President Trump said on Monday that […]
Read more