News In the Spotlight

Monday’s Market update – 15 August 2022

Investors tend to avoid risk this week and prior to the housing data and retail earnings in the U.S. which is expected to slow down.

However, spot gold continued the gains trading near 1,800 as recessionary fears still rising amid mixed economic data in the U.S.

Crude prices decline confirmed the declining trend today as weak Chinese economic data triggered concerns about demand.

Meanwhile, the head of the world’s top exporter, Saudi Aramco, said it was ready to ramp up output.

Both crude contracts lost almost $1 to trade below $100

Designer

Recent Posts

Daily Technical Analysis : British Pound breaks above 1.3400 against the USD

GBPUSD rises as the USD continues to weaken As the USD continues to fall against…

16 hours ago

Daily Fundamental Analysis: U.S. Stocks Rise Slightly Before Big Earnings Reports

Most Asia-Pacific markets are up Tuesday as investors awaited U.S. earnings reports and economic data…

17 hours ago

Weekly Recap Fundamental Analysis: U.S. Indices Rebound on Hopes of Trade Agreements

After the fluctuation we saw at the beginning of April, U.S. Equities rebounded this week,…

2 days ago

Weekly Fundamental Analysis Forecast – April 28, 2025

Gold remains supported and the US dollar under pressure as Asian exporters - particularly South…

2 days ago

Weekly Technical Analysis Forecast – April 28, 2025

The gold price has been grinding lower in the latest trading sessions, breaking the 30-SMA,…

2 days ago

Daily Technical Analysis: Gold falls more than 6% from its all-time high

Gold falls below $3,300 following a strong rally beyond $3,500 Gold prices fell sharply last…

2 days ago

This website uses cookies.