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Forex
Conflict endgame risks point to renewed weakness – MUFG
MUFG’s Head of Research Derek Halpenny argues that while risk sentiment has improved on hopes the US will soon end its conflict with Iran, the recovery looks fragile and the US…
BoE warns of global risks as Middle East conflict creates supply shock
In its Financial Policy Committee (FPC) statement released on Wednesday and reported by Reuters, the Bank of England (BoE) said the United Kingdom’s (UK) financial system remains…
US mulls exiting NATO – The Telegraph
United States (US) President Donald Trump said to the United Kingdom (UK) Daily Telegraph that he is strongly considering pulling the US out of the North Atlantic Treaty…
Softer labour signals and lower yields weigh – Danske Bank
Danske Research Team points to softer US labour indicators and lower yields as headwinds for the US Dollar (USD). JOLTS openings fell and the openings-to-unemployment ratio…
XAG/USD resistance around $75.00 is testing bullish momentum
Silver (XAG/USD) recovery has stalled below the $75.00 resistance area on Wednesday, yet the immediate upside bias remains intact after three consecutive trading days of gains.…
Asian stocks gain with Kospi soars on improving risk appetite
Asian equities rise as improved global sentiment boosted regional markets following a strong rally on Wall Street overnight. Risk appetite improves on rising hopes for Middle East…
Gold price in Saudi Arabia: Rates on April 1
Gold prices rose in Saudi Arabia on Wednesday, according to data compiled by FXStreet.The price for Gold stood at 564.81 Saudi Riyals (SAR) per gram, up compared with the SAR…
Gold climbs to near two-week top as Iran de-escalation hopes hit USD
Gold (XAU/USD) touches a nearly two-week top during the Asian session on Wednesday, with bulls looking to extend a four-day-old uptrend beyond the $4,700 round figure. President…
Canadian Dollar rises on oil rebound, Middle East de-escalation hopes
USD/CAD remains subdued for the second successive trading day, hovering around 1.3910 during the Asian hours on Wednesday. The pair depreciates as the commodity-linked Canadian…
War will end in two or three weeks
In a telephonic interview with NBC News late Tuesday, US President Donald Trump said that he believes the war on Iran is “coming to an end”.When asked what he was going to bring…