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WTI Back Over $83 As Crude Oil Sees Additional Volatility
Article By:
Joshua Gibson
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Tuesday, April 23, 2024 8:00 PM EDT
US Purchasing Managers Index (PMI) figures printed much softer than expected, sparking renewed hopes of a weakening US economy forcing the US Federal Reserve (Fed) to begin cutting rates sooner than previously expected.
Silver Price Forecast: XAG/USD Attracts Some Sellers Below $27.00 Amid Risk-On Mood
Article By:
Lallalit Srijandorn
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Tuesday, April 23, 2024 2:15 AM EDT
Silver price trades on a softer note for the second consecutive day around $26.95 on Tuesday during the early European session.
Gold Slides As Middle East Tensions Abate, Ahead Of US PCE Data
Article By:
Christian Borjon Valencia
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Monday, April 22, 2024 7:45 PM EDT
Gold prices plummet sharply and retrace last week's gains, down more than 2.50% as the Middle East's woes abate.
Shipping Industry Pleads With UN For "Enhanced Military Presence" As Maritime Choke-Point Chaos Spreads
Article By:
Tyler Durden
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Sunday, April 21, 2024 7:14 AM EDT
One week ago, Iranian commandos seized a container ship affiliated with Israel as it passed through the Strait of Hormuz. This action sparked new fears of another maritime chokepoint becoming disrupted as the crisis in the Middle East escalated.
Key Events In Developed Markets And EMEA For The Week Of April 22
Article By:
ING Economics
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Friday, April 19, 2024 8:27 AM EDT
US GDP for the first quarter and the Federal Reserve’s favored measure of inflation, the core PCE deflator, will be the main releases to watch next week.
Israel Strikes Iran. Are Markets Anticipating An Escalation?
Article By:
Russell Investments
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Friday, April 19, 2024 12:05 AM EDT
A discussion about the market’s reaction to the Israel-Iran conflict, and the latest economic data in China.
Gold Price Forecast: XAU/USD Rises Above $2,410 After Reports Of Israeli Attack On Iran
Article By:
Akhtar Faruqui
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Thursday, April 18, 2024 10:55 PM EDT
Gold price surges to nearly $2,410 per troy ounce during the Asian session on Friday.
WTI Surges To $85.00 Amid Israel-Iran Tensions
Article By:
Lallalit Srijandorn
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Thursday, April 18, 2024 10:35 PM EDT
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $85.00 on Friday. The black gold gained traction on the day amid the escalating tension between Israel and Iran.
Market Briefing For Thursday, April 18
Article By:
Gene Inger
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Thursday, April 18, 2024 2:38 AM EDT
A heavy tape was interrupted by a modestly soft 'Beige Book', but the latest threats from Iran suppressed that, which implies the Fed has reason to be nervous.
WTI Extends Its Downside Below $82.50 On Crude Inventory Build
Article By:
Lallalit Srijandorn
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Thursday, April 18, 2024 1:30 AM EDT
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.25 on Thursday. The black gold edges lower on the day due to a rise in US crude inventory and the expectation of delay rate cuts from the Federal Reserve (Fed).