Gold

Escalating trade tensions, fueled by weak economic data from the United States kept the greenback in check. The US dollar index fell for the third daily session, falling to a two-week low. Part of the declines also came as China’s yuan…
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US President Trump's announcement on additional tariffs on new import products from China last Friday shocked the markets. All related asset classes fell significantly lower as risks amid China's retaliation increased. With the Nonfarm…
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The equity markets were on a volatile ride on Thursday. A day after equities fell following the Fed rate cut, the markets recovered mid-day. This came following a weak patch of economic reports from the US. Markets rallied on hopes that the…
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The Federal Reserve Bank cut interest rates for the first time in more than a decade. The Fed funds rates were lowered to 2.0%-2.25% on Wednesday. Fed Chair Jerome Powell cautioned that the rate cut was not the start of an easing bias, but…
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The Federal Reserve’s FOMC will be concluding its two-day monetary policy meeting today. Investors are bracing for a quarter basis point rate cut at today’s meeting. Besides the FOMC decision today, US and China trade talks have resumed.…
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On Monday, the US dollar was seen holding steady near a two-month high. The Fed’s FOMC will begin their two-day meeting starting today. Meanwhile, the US and China trade talks are set to resume. US representatives are expected to meet with…
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The US dollar was seen closing last week with some solid gains. This came during the week, where the greenback already posted strong gains. Friday’s GDP report showed that the US economy grew 2.1% in the three months ending June 2019. This…
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The US dollar was seen holding on to its gains, marking a seven-week high. However, with price closing flat on Wednesday, we could expect to see some downside in the near term. Flash manufacturing PMI from Markit showed the index falling to…
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The US and China are all set to resume the trade talks starting today. USD continued to rise to a seven-week high ahead of the meetings. The International Monetary Fund lowered the growth forecasts globally citing trade tensions. However,…
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The US dollar was seen nearing a one-week high earlier today. The gains in the greenback come as investors expect the Fed to lower rates by just 25bps. This comes against the initial expectations of a larger rate cut. Meanwhile, BoJ…
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