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Markets
Gold reclaims $4,300 on Fed rate cut tailwinds – Commerzbank
Gold rose above $4,300 per ounce as the Fed delivered a widely expected 25bps rate cut, with Chairman Powell signaling that labor market weakness and tariffs may prompt further…
Bearish technical setup keeps WTI capped below $60.00
West Texas Intermediate (WTI) Crude Oil remains under pressure on Friday, with prices struggling to find traction as persistent oversupply concerns continue to dominate market…
JPY softens ahead of BoJ policy decision – Scotiabank
The Japanese Yen (JPY) is slightly weaker versus the US Dollar (USD), underperforming most G10 currencies, as markets await next week’s BoJ meeting where a 25bps rate hike is…
Silver hits record high at $64.3 – Commerzbank
The price of Silver is currently skyrocketing. Yesterday, the price reached a new record high of $64.3 per ounce, Commerzbank's commodity analyst Carsten Fritsch notes. Prices…
Copper hits record near $12,000 – Commerzbank
Copper prices surged to nearly $12,000 per ton following the Fed’s rate cut, up 36% year-to-date amid concerns that supply may lag rising demand. In response, Chilean mining…
AUD/USD steadies as focus shifts to PMIs, US Nonfarm Payrolls and CPI
The Australian Dollar (AUD) holds firm against the US Dollar (USD) on Friday as traders look past this week’s Reserve Bank of Australia and Federal Reserve (Fed) monetary policy…
Falls after all-time high, retracement ahead
Silver prices plunges after hitting an all-time high (ATH) of $64.65 losses 2.75% as investors book profits ahead of the weekend, as Federal Reserve officials remain divided about…
Trump eyes Warsh, Hassett for Fed leadership in 2026
In an interview with the Wall Street Journal, the US President Donald Trump revealed that he is leaning on former Fed Governor Kevin Warsh and also on the National Economic Council…
Gold remains bid amid Fed uncertainty and stalled peace talks
Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353. At…
Dow Jones retreats from record highs but poised for weekly gain
The Dow Jones Industrial Average (DJIA) retreated from record intraday highs on Friday alongside its major index peers as investors continued rotating out of technology and into…