Gold Remains Under Pressure, but a Rebound Is Still Possible
Gold prices rose to 4,472 USD per troy ounce on Thursday. Despite the modest rebound, the precious metal is still attempting to recover from a weekly decline of nearly 2%.…
India sees ’perfect complimentarity’ with Venezuela in energy trade amid Gulf crisis
India sees ’perfect complimentarity’ with Venezuela in energy trade amid Gulf crisis Source link
Lebanese President says ceasefire may come into effect within a day of parties’ approval
Lebanese President says ceasefire may come into effect within a day of parties’ approval Source link
Brent: Conflict risks and ceasefire headlines – Deutsche Bank
Deutsche Bank’s Henry Allen and colleagues highlight that Brent Oil has reversed earlier gains as reports of a conditional ceasefire between Israel and Lebanon eased some geopolitical risk. However, they…
Trump told aides he would end Iran ceasefire if Tehran kills US troops, WSJ cite officials
Trump has privately told aides he would only end the Iran ceasefire if US troops are killed, and acknowledged the blockade could last until Labor Day, the Wall Street Journal…
Middle East Tensions Drive Oil Higher as S&P 500 Snaps Winning Streak
Key takeaways Renewed clashes between the U.S. and Iran involving Kuwait and Bahrain reignited geopolitical concerns, driving oil prices sharply higher and triggering a broad risk-off move across global equity…
China’s Commerce Ministry opposes US proposes forced labor tariffs
China's commerce ministry said during the European trading session on Thursday that it opposes all forms of United States (US) unilateral tariffs. The statement from the Commerce Ministry is in…
Switzerland Consumer Price Index rises slower than estimates: What the stable inflation growth means for Swiss Franc?
Switzerland Consumer Price Indes rises at a steady pace of 0.6% Year-on-Year (YoY) in May, but slower than estimates of 0.8%. On a monthly basis, inflationary pressures grew moderately by…
NZDCAD Wave Analysis – ActionForex
NZDCAD: ⬇️ Sell NZDCAD reversed from resistance area Likely to fall to support level 0.8100 NZDCAD currency pair recently reversed from the resistance area between the strong resistance level 0.8260…
New Zealand Dollar drifts higher on hawkish RBNZ stance, traders eye on Middle East tensions
The NZD/USD pair gains ground to near 0.5875, snapping the three-day losing streak during the early European session on Thursday. The potential upside for the New Zealand Dollar (NZD) might…
